Housing Wire

MAY 10, 2023

The data also suggests that the economy is close to peak rent inflation—lower monthly rent prices have been recorded for two consecutive months, and the price growth for new leases is still decelerating. He also anticipates new and existing home sales to bottom out in 2023 before rising again in 2024. compared to a year prior.

Closing 352

Closing MLS Construction Residential 352

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Should the appraisal come in lower than the contract price, the closing process may be impacted.

Inspection 423

Inspection Closing Closing costs Title search 423

Housing Wire

JULY 31, 2022

Trusted by over 1 million users, NotaryCam’s eClose 360 platform allows borrowers to close anytime from pretty much anywhere. NotaryCam’s customers are the first to express their satisfaction with the company’s future-thinking approach to closings. The pandemic has brought extra hurdles for everyone. Rick Triola.

Closing 305

Closing Technology Commercial Title 305

HomeLight

JANUARY 22, 2024

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

As-is 88

As-is Inspection Equity Renovation 88

Housing Wire

JULY 7, 2021

Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM). The sale of Champion. The development is particularly notable due to the recent activity of MAM in the realm of reverse mortgage servicing.

Sales 386

Sales Mortgages Branding Principal 386

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

As-is 82

As-is Inspection Finance Loans 82

Housing Wire

JULY 18, 2023

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year. He closed $23 million in sales volume in 2022.

Agents 359

Agents Loan Officer Principal Brokerage 359

Housing Wire

FEBRUARY 13, 2024

During an all-hands call Tuesday morning, Academy’s leadership informed employees about the M&A deal , which is expected to close in mid-April. Academy’s sales workforce and management will receive job offers and work as a division of Guild. 100, Primary Residential Mortgage in Utah, had $9.47 billion in MSRs).

Mortgages 423

Mortgages Loan Officer Loans Finance 423

Housing Wire

MARCH 22, 2024

Each year, RealTrends Verified identifies the country’s most successful residential real estate brokerages, teams and agents – verifying transaction sides and closed sales volume for top-performing real estate brokerages — to give you the full picture of real estate performance.

Brokerage 413

Brokerage Branding Agents Residential 413

Realty Biz

MARCH 11, 2023

Engel & Völkers Florida today announced three of their shops reported the highest residential real estate sales within the brand's global network for three weeks in a row during the month of February. But even more so is the strength of the shop ownership and advisors we have attracted to be part of Engel & Völkers in Florida.

Residential 74

Residential Sales Branding Staging 74

Housing Wire

FEBRUARY 14, 2024

Final decisions on these employees are still being worked out based on the needs to wind down the current pipelines and close out the Academy business, she said. The acquisition of Academy’s retail assets is scheduled to close by the end of February. Guild Mortgage ’s acquisition of Academy Mortgage Corp.

Mortgages 401

Mortgages Loan Officer Loans Closing 401

Housing Wire

MARCH 29, 2024

District Court for the Southern District of New York , Hao Zhe Wang accused real estate industry players of “agreeing, combining and conspiring to impose, implement and enforce anticompetitive restraints and the cause Plaintiff to pay inflated commissions on the purchase and sale of his homes in violation of federal and state statutes.”

Purchase and sale agreement 403

Purchase and sale agreement MLS Agents Residential 403

Housing Wire

FEBRUARY 2, 2024

During their departure, DKMC sales staff who are not joining NAF were informed by leadership that they will have to wait a few months before receiving all of their compensation tied to any loans closed before the M&A deal, per documents reviewed by HousingWire. and NFM Lending. He spoke anonymously for fear of retaliation. “[NAF]

Loan Officer 377

Loan Officer Loans Lending Mortgages 377

Housing Wire

MARCH 6, 2024

Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital , will inject $1 billion in equity investment in struggling New York Community Bancorp (NYCB), one of the nation’s largest residential mortgage servicers. NYCB became a large residential mortgage servicer after the acquisition of Flagstar.

Equity 308

Equity Mortgages Banks Commercial 308

Housing Wire

MAY 24, 2021

It’s the moment everyone fears: in the frenzy to close a house sale, commitment to fraud preventions falters. Busy professionals involved in the sale override their own cautions about fending off wire fraud by reverting to tried-and-true email addresses to convey the most sensitive financial information. BECOME A MEMBER TODAY.

Title 403

Title Residential Equity Closing 403

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. Loans in Pools 1 thru 3 are being serviced by New Residential Mortgage LLC , NewRez LLC and Fannie Mae — and subserviced by NewRez LLC, Fannie’s fact sheet on the deal states.

Loans 378

Loans Purchase and sale agreement Principal Due diligence 378

RIS Media

FEBRUARY 28, 2021

A year ago, in March 2020, on the heels of an active January/February that set the year up as a strong one for home sales, the reality of COVID-19 hit the U.S. “Our advice was for them to reach out to people with kindness and a helping hand—not a sales pitch. million existing-home sales, a 5.9% total of 5.64

Closing 133

Closing Sales Agents Technology 133

Housing Wire

JANUARY 31, 2023

First Internet Bancorp , parent company of First Internet Bank, announced that the exit will include its nationwide digital direct-to-consumer mortgage platform, which originates residential loans for sale in the secondary market. The residential mortgage loan balance for First Internet was $383.9

Banks 392

Banks Mortgages Lending Commercial 392

Housing Wire

JANUARY 17, 2024

For real estate professionals, this option presents an opportunity to capture more sales. With this option, older homebuyers can increase their purchasing power with fewer financial worries and limitations as they move towards or through retirement. Yet staggeringly few are aware of its existence. What is reverse purchase financing?

Finance 428

Finance Seller concession Loan Officer Loans 428

Keeping Current Matters

NOVEMBER 18, 2021

Like most industries, residential real estate has a seasonality to it. Historically, the number of buyers and listings for sale significantly increase in the spring and remains strong throughout the summer. The outbreak of the virus and subsequent slowing of the economy limited sales during the spring market.

Sales 267

Sales Staging Construction Residential 267

Housing Wire

JUNE 1, 2023

Compass, headed by CEO Robert Reffkin, took the top spot this year by sales volume. It is noteworthy that eXp was the only one of the top four firms to grow both its closed transactions and its sales volume in 2022 when sales of existing homes were down significantly.

Brokerage 315

Brokerage Residential Equity Agents 315

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

Inspection 391

Inspection Inspection contingency Purchase and sale agreement Residential 391

Housing Wire

JULY 13, 2023

AG Mortgage, a pure-play residential mortgage REIT controlled by Angelo Gordon & Co. premium to Western Asset’s closing stock price as of July 12. premium to Western Asset’s closing stock price as of July 12. million in management fees in the first year after closing. per share, representing $60.5

Mortgages 307

Mortgages Residential Property Management Closing 307

Realty Biz

MARCH 28, 2022

A contingent sale just means that some details still need to be worked out. National Association of REALTORS ® (NAR) statistics from 2021 say that only about 5% of sales fall through. This is why buyers should not make any big financial changes between the time they are preapproved and when a sale closes.

As-is 83

As-is Purchase and sale agreement Debt-to-income ratio Sales 83

Realty Biz

JANUARY 11, 2024

The two dimensions of the real estate world, residential and commercial, have significant differences, and any aspiring agent needs to know what it all is about before biting off more than they can chew. It can be crucial to know in advance if you can do both commercial and residential real estate.

Commercial 48

Commercial Residential Agents Brokerage 48

RIS Media

FEBRUARY 4, 2022

In 2021, our sales associates and independent brokerages continued to recognize the value in leveraging Weichert’s technology, marketing, training and coaching support to compete and grow, as evidenced by our impressive year-end results.”. “In Streamlined Service Begets Success. It was a fast-paced market—and still is.

Residential 97

Residential Brokerage Technology Closing costs 97

Housing Wire

NOVEMBER 10, 2020

Residential transaction sides closed during Q3 increased 95% to 75,392, compared to 38,567 the year prior. Residential transaction volume closed during Q3 increased 112% to $23.6 increase in closed sales volume in the U.S. closed volume sales in the $2.5 billion in sales volume, up 25.4%

Residential 402

Residential Closing Agents Brokerage 402

Housing Wire

JANUARY 17, 2024

Energy, residential homebuilders’ most volatile net input, nosedived to 49.5 Demand uncertainty Homebuilders ended 2023 on a sour note with increased uses of incentives and price cuts to close deals and homebuilder sentiment falling for four consecutive months (although the streak broke in December). Builders like D.R.

Construction 435

Construction Land Residential Mortgages 435

Housing Wire

DECEMBER 9, 2022

CoStar Group , a provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, cut approximately 100 positions as it announced the integration of Homesnap with its Homes.com brands late last month. . GDP is projected to decline 1.3% GDP is projected to decline 1.3%

Industrial 327

Industrial Residential Mortgages Investor 327

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. As a real estate agent, you may think clients should care more about their next home than your life story. But on a more basic level, people like to connect human-to-human.

Agents 377

Agents Construction Design Branding 377

Housing Wire

MAY 13, 2021

As anyone involved in the residential real-estate market knows, bidding wars – and contract prices exceeding the list price – are the norm today in many markets around the nation. The challenge is that the sales data you’re looking at is dated,” said Shawn Telford, chief appraiser at CoreLogic. over the list price. Already a member?

Marketing 516

Marketing Residential Sales Closing 516

Housing Wire

FEBRUARY 8, 2022

Powerhouse lender and servicer New Residential Investment Corp. NewRez agreed to acquire Caliber in a deal valued at $1.675 billion in April and closed the deal in August. When he announced the deal last year, Michael Nierenberg, head of New Residential Investment Corp.,

Residential 354

Residential Loans Equity Mortgages 354

Housing Wire

JULY 6, 2022

The closure of Long Island-based Sprout, headed by industry veteran Michael Strauss, represents the second non-QM mortgage lender to close in recent weeks amid historic volatility. Non-QM lender Sprout Mortgage is shutting down operations, multiple workers said on Wednesday. Sprout does most of its business through mortgage brokers.

Mortgages 493

Mortgages Investor Loans Residential 493

Housing Wire

NOVEMBER 13, 2023

Any person involved in selling a home knows that you cannot increase the price of your home randomly to cover the cost of commissions and other closing costs. The market sets the price of the home, and it cares little for closing costs — or what the homeowner invested in it — when determining the price for which it will sell.

Closing costs 344

Closing costs Equity Agents Technology 344

Housing Wire

JUNE 8, 2022

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. Solutions like active listing scan will help customers “close more loans more quickly,” he added. . year over year. .

Short sale 323

Short sale MLS Banks Loans 323

Housing Wire

MARCH 25, 2021

The RealTrends 500, now in its 34th year, remains the undisputed leader in ranking the performance of residential real estate services firms. increase in transaction sides, followed closely by Compass at No. million residential sales transactions in 2020. HomeServices saw a 4.1% eXp Realty, ranked No. 4 with a 70.9%

Brokerage 285

Brokerage Residential Closing Sales 285

Broke Agent Media

MARCH 30, 2023

BAM Key Details: According to the National Association of REALTORS, pending home sales for February 2023 are up for the third consecutive month, rising 0.8% An index of 100 is equal to the level of sales contract activity in 2001, when NAR began tracking the data. While some sales fall through, for one reason or another (e.g.,

Sales 98

Sales Loans Closing MLS 98