Housing Wire
APRIL 10, 2024
R New York , a brokerage boasting approximately 800 agents, has joined the American Real Estate Association , an alternative to the National Association of Realtors (NAR), according to The Real Deal. The American Real Estate Association’s membership increased by nearly 30% after the absorption of R New York members, bringing the total to roughly 3,800 members.
Keeping Current Matters
APRIL 10, 2024
When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause.
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Housing Wire
APRIL 10, 2024
The most anticipated economic report of the month showed that inflation has not just stalled, but increased. The news almost certainly rules out a rate cut in June, and traders are increasingly skeptical there will be more than a couple cuts in 2024, if any at all. Consumer prices in March were up 3.5% from a year earlier, up from 3.2% in February, according to data released by the Bureau of Labor Statistics on Wednesday.
Real Estate News
APRIL 10, 2024
The mortgage wholesaler is accused of steering and “cheating” borrowers through excessive fees, echoing some claims seen in the commissions cases.
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Housing Wire
APRIL 10, 2024
HomeEquity Bank , the leading reverse mortgage lender in Canada and a Schedule I federal bank in the country, announced on Wednesday that its longtime president and CEO Steven Ranson will retire effective June 30. “We have achieved what I set out to achieve many years ago; to establish reverse mortgages and HomeEquity Bank as a respected choice for older Canadians,” Ranson said in a statement.
Real Estate News
APRIL 10, 2024
Deal of the Year winner returns to Compass; The Agency opens in Steamboat Springs; Bay Area firm joins Real; ERA and BHGRE gain affiliates in MD and KY.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
APRIL 10, 2024
NAR told the US Patent and Trademark Office on Monday that an NYC-based investment firm that operates fintech marketplace Republic has stepped over the line with its logo. What do you think?
Housing Wire
APRIL 10, 2024
Cybercrime losses rose to a record high of $12.8 billion in 2023, according to the latest Federal Bureau of Investigation Internet Crime Report , published earlier this week. In 2023, the FBI noted that it fielded 880,418 cybercrime complaints, a 10% uptick from the year prior. The potential losses from these complaints also rose to a record high, jumping 22% from the prior year.
Inman
APRIL 10, 2024
Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won't cut rates in June.
Housing Wire
APRIL 10, 2024
Mortgage brokers ’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services provided. In its March Supervisory Highlights, the FDIC stated that many institutions have developed policies and procedures to ensure sufficient mortgage broker services are provided in order to receive compensation , which was the first of a two-part test.
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Inman
APRIL 10, 2024
With the addition, roughly 800 agents will boost the American Real Estate Association's membership by nearly 30 percent to about 3,800 members.
Housing Wire
APRIL 10, 2024
The U.S. Department of Veteran Affairs (V.A.) announced on Wednesday morning a program to purchase defaulted V.A. loans from mortgage services and place them in its portfolio at a fixed 2.5% interest rate. The Veteran Affairs Servicing Purchase (VASP) program attempts to prevent foreclosure actions against military members still experiencing financial hardship due to the consequences of the COVID-19 pandemic.
Inman
APRIL 10, 2024
A $418 million settlement in March by NAR caught agents and leaders by surprise. In a mixed bag of responses to the latest Intel Index poll, they shared their early reactions and existential fears.
Housing Wire
APRIL 10, 2024
The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) have signed onto a memorandum of understanding to formally share information between each other related to nonbank mortgage companies. “The [MOU] establishes substantive information sharing protocols between state financial regulators and FHFA, improving the ability to coordinate on market developments, identify and mitigate risks, and ultimately, further protect consumers, taxpayers, and the nation’s h
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Inman
APRIL 10, 2024
The 2022 REBNY award winner has decided to return to Compass after a nearly two-year stint over at Corcoran. He said Compass' tech was "light years ahead of other brokerages.
Eye on Housing
APRIL 10, 2024
Consumer prices continued to rise in March, with shelter and gasoline prices driving over half of the total increase. This marks the third consecutive strong reading. Despite a slowdown in the year-over-year increase, shelter costs continue to put upward pressure on inflation, accounting for over 60% of the total increase in all items excluding food.
Inman
APRIL 10, 2024
The Detroit-based lender unveiled "Rocket Logic" on Tuesday, an AI-fueled platform that can glean insights from 10 petabytes of proprietary data and transcripts from 50 million borrower calls each year.
Bigger Pockets
APRIL 10, 2024
Growing old is a fact of life—even for Keith Richards—and while it’s doubtful you’ll see world-famous rock stars or aging screen stars in a residential assisted living (RAL) facility, for […]
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
APRIL 10, 2024
The LA-based luxury powerhouse agents have been collaborating together at Compass for six years, and after clients suggested they make their partnership official, the pair have formed Jones Fridman International.
Bigger Pockets
APRIL 10, 2024
With so many real estate tax write-offs, it’s no wonder that CPA Brandon Hall says rental real estate is one of the most tax-advantaged assets on the planet.
Inman
APRIL 10, 2024
Citing recent court victories, UWM says, "It is not uncommon nor illegal for a broker to send most or all of their business to a specific lender.
Brownstoner
APRIL 10, 2024
Updated renderings of the 950-unit, 100-percent affordable housing development Gowanus Green, to be built on one of the most historically contaminated sites along the Gowanus Canal, have been released by architecture and design firm Marvel. The renderings show a traditional and finely detailed brown, orange, and yellow brick complex with large… Read More > The post Renderings of Affordable Gowanus Green Complex Show Elegant, Traditional Design appeared first on Brownstoner.
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
APRIL 10, 2024
Forget searching online for the perfect assistant, trainer Bernice Ross writes. AI is rapidly evolving, and the best assistant you have ever hired may be just a few clicks away.
Bigger Pockets
APRIL 10, 2024
In a recent episode of the BiggerPockets Real Estate Podcast, I had the privilege of chatting with Mindy Jensen about my journey to financial independence.
Inman
APRIL 10, 2024
On the "Real Estate Insiders Unfiltered" podcast Tuesday, Sears said interim CEO Nykia Wright has agreed to extend her contract through the end of 2024 as NAR executives focus on the road ahead.
Brownstoner
APRIL 10, 2024
Converted to a residence in the early 20th century, this Brooklyn Heights dwelling has the allure of a former carriage house combined with a stylish interior and modern updates, including central air. At 253 Hicks Street, it sits on the corner of Grace Court Alley, one of the neighborhood's picturesque… Read More > The post Charming Brooklyn Heights Carriage House With Roof Deck Asks $5.5 Million appeared first on Brownstoner.
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Inman
APRIL 10, 2024
The group filed a brief with the U.S. Court of Appeals for the Ninth Circuit, requesting that the court overturn the dismissal of their lawsuit seeking to end the transfer tax on property sales priced $5 million and up.
RIS Media
APRIL 10, 2024
Just what is a “seller’s market” and how does this truly impact your sellers and buyers? In today’s market you may be surprised that the traditional concepts might not quite be so black and white. Knowing and understanding the implications of this non-traditional seller’s market is likely to make a critical difference in how to… The post The Reality of a Seller’s Market appeared first on RISMedia.
Inman
APRIL 10, 2024
This is a moment in history when NAREB and our national leaders must stand up for justice and equality, writes Dr. Courtney Johnson Rose, president of the National Association of Real Estate Brokers.
RIS Media
APRIL 10, 2024
Jason Mitchell will be engaging in a timely and critical conversation with Kari Lake, Arizona candidate for U.S. Senate, focusing on the current state and future trajectory of the housing market in Arizona and across the United States. The discussion—scheduled for Tuesday, Apr. 16 from 10:00 to 11:30 A.M.—will take place at the JMG Headquarters… The post Jason Mitchell Hosts Discussion with U.S.
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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