Housing Wire
JANUARY 3, 2024
What should you avoid saying or doing on a listing presentation? Whether you’re presenting to a good friend, a referral client or a colder lead, there are some universal mistakes you must avoid if you want to take the listing. The good news is that all of these things are easy to remember: 1. Don’t arrive late Early is on time, on time is late and if you’re late, you’ll lose.
Real Estate News
JANUARY 3, 2024
Membership fell by more than 17,000 from November to December, and the association posted its first annual decline in more than a decade.
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Housing Wire
JANUARY 3, 2024
The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk , a technology services company serving the residential real estate lending industry. The nationwide survey received 1,634 responses from a pool of homeowners and non-homeowners. The vast majority of respondents (90%) expressed concerns about rising homeowners’ insurance costs, while 27% reported that they are considering moving to
Keeping Current Matters
JANUARY 3, 2024
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market.
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Housing Wire
JANUARY 3, 2024
Mortgage demand fell over the holidays despite declining mortgage rates. Mortgage applications decreased 9.4% for the week ending Dec. 29 compared to two weeks earlier, according to data from the Mortgage Bankers Association (MBA). The 30-year fixed mortgage rate closed 2023 at 6.76%, more than one percentage point lower than its October peak of 7.9%, according to Joel Kan, MBA’s vice president and deputy chief economist.
Inman
JANUARY 3, 2024
Since acquiring SimpleNexus for $933.6 million and rebranding the company, nCino has been signing new clients and cross-selling its new mortgage capabilities to existing customers.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
JANUARY 3, 2024
Kevin Ford achieved viral status for never missing a day of work during 27 years and was able to purchase his first home through a subsequent fundraising campaign.
Housing Wire
JANUARY 3, 2024
William Erbey, the controversial founder of Ocwen Financial Corp. , is back as chairman at Altisource Asset Management Corp. (AAMC). The company appointed Erbey to the role of CEO in late December and the board of directors also appointed him as its Chairman, a position he held from March 2012 to January 2015. This comes on the heels of the departure of interim CEO Danya Sawyer, who left in early December.
Inman
JANUARY 3, 2024
Inman announced that it will expand its live event offerings in 2024, bringing its iconic Inman Connect conferences to Miami, Florida, on May 21-22, 2024, and Austin, Texas, on Oct. 9, 2024.
Housing Wire
JANUARY 3, 2024
As the U.S. population grows older with each passing year, looking for new and novel ways to fund long-term care for the aging population could include home equity. A reverse mortgage can certainly play into this, but another growing dynamic is the divide between higher- and lower-income homeowners. This is according to “ Housing America’s Older Adults 2023 ,” the latest edition of a report published by Harvard University ’s Joint Center for Housing Studies (JCHS) in December.
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Inman
JANUARY 3, 2024
To formulate this list of how-tos to start the year off right, Inman's Service Editor Dani Vanderboegh rounded up the top advice and most-read contributors of 2023.
Housing Wire
JANUARY 3, 2024
Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. The survey, which was conducted between the end of November and the end of December 2023, garnered 136 respondents, with 28 from the Northeast, 26 from the Southeast, 33 from the Midwest, 33 from the Southwest and 16 from the Northwest.
Inman
JANUARY 3, 2024
Recent decline in rates is "some cause for optimism," but requests for purchase loans are still down 12 percent from a year ago.
Housing Wire
JANUARY 3, 2024
Reverse mortgage servicing company Celink is seeking the dismissal of a lawsuit alleging that it had added unlawful servicing fees to reverse mortgage loans alongside now-bankrupt lender Reverse Mortgage Funding (RMF). In response to the recent recommendation by a magistrate judge against the dismissal of Dancy-Wilkins v. Compu-Link Corporation , the servicer said that the recommendation was made on a more procedural basis rather than the actual merits of Celink’s original motion to dismiss “wit
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Inman
JANUARY 3, 2024
Sexual harassment, abortion rights, and discussions on the economy, personal finance, and pop culture: Women dominated the conversation and the economy this year, Rachael Hite writes.
Housing Wire
JANUARY 3, 2024
A U.S. Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The Cherokee Nation announced it will participate in HUD’s Section 184 Skilled Workers Demonstration Program, which will allow for the construction of multiple rental dwelling units in Cherokee communities that will be provided to skilled workers in multiple professional fields, according to an announcement published by
Inman
JANUARY 3, 2024
Proptech has a role to play in how real estate consumers view and interact with the professionals who help them buy and sell homes.
Housing Wire
JANUARY 3, 2024
Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. Brokerage firms are not producing goods on a factory line — there are no warehouses holding physical inventory, no retail distribution channels and really, no patentable intellectual property.
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
Inman
JANUARY 3, 2024
The Inman Connect team is bringing some amazing and unique networking experiences to our Inman Connect New York attendees this January.
Housing Wire
JANUARY 3, 2024
Deran Pennington, a former Movement Mortgage top sales executive sued for poaching by the lender, filed a counterclaim alleging that Movement breached the contract by failing and refusing to pay his due compensation. In total, he asks for about $13 million. In July, HousingWire reported that Pennington and two other top sales executives – Matt Schoolfield and Chris Shelton – parted ways with Movement Mortgage to join Summit Funding , which led to a legal battle between the parties.
Inman
JANUARY 3, 2024
All 200 full-time staff members along with contractors and part-time staff were dismissed during “a two-minute Google Meet call.
Housing Wire
JANUARY 3, 2024
Nonbank mortgage lender and servicer Pennymac Financial Services issued pink slips to more than 80 employees in November as it faced tough headwinds in 2023. A total of 84 staff were affected at five offices in Pasadena, Roseville, Agoura Hills, Westlake Village and Moorpark, California, according to a Worker Adjustment and Retraining Notifications (WARN) alert submitted to the California’s Employment Development Department (EDD) in late December.
Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.
In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.
Inman
JANUARY 3, 2024
Executives, owners and investors at real estate technology companies signaled in responses to November's Inman Intel Index survey that 2024 will be a year of growth. These are their plans.
RIS Media
JANUARY 3, 2024
Mortgage applications decreased a notable 9.4% this week from two weeks earlier (the last report before the Christmas holiday), when they dipped slightly 1.5%, but after a 7.4% surge in mid-December, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 29, 2023. The results… The post After Brief Surge, Mortgage Applications Continued Decreasing Over Two-Week Period appeared first on RISMedia.
Inman
JANUARY 3, 2024
Tell us all about the best tips, tricks, strategies and insights you gleaned in 2023 that are worth taking with you into 2024.
RIS Media
JANUARY 3, 2024
The Institute’s Luxury Market Report is your guide to an analysis of the trends and comparative data on the top-residential markets throughout Canada and the United States. December’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. As we move firmly into the… The post The December 2023 Luxury Market Report appeared first on RISMedia.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Bigger Pockets
JANUARY 3, 2024
Mortgage rates have been on the decline and are expected to keep falling. What does that mean for inventory and home seller attitudes this year? Here's what you need to know.
RIS Media
JANUARY 3, 2024
Celebrities are known for doing everything big—high fashion, expensive cars, attention-grabbing headlines—and their real estate purchases are no different. To determine which celebrities produced the highest real estate sales profits this year, Agent Advice recently analyzed over 130 celebrity-involved property sales in the United States since January 2023, comparing their original purchase prices to the… The post Celebrities Haul in Millions in Real Estate Profits in 2023 appeared first
Seattle Times Real Estate
JANUARY 3, 2024
Converting offices into housing is a popular idea, but tricky to execute. Seattle could soon get its first conversion project.
RIS Media
JANUARY 3, 2024
2023 has come to the end with a positive outlook. The Fed paused rates for two consecutive months, unemployment is low, GDP growth has been on the up, mortgage rates have been going down, and so on. The question on everyone’s minds is: will this positive trend continue in 2024? LendingTree’s latest report, penned by… The post LendingTree Takes a Look at 2024 appeared first on RISMedia.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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