Housing Wire

FEBRUARY 15, 2024

Among homeowners who have a mortgage escrow account, only 52% fully understand how the account works, according to survey results released Thursday by property tax services provider LERETA. More than 80% of survey respondents said they know what an escrow account is and its primary purpose — to pay property taxes and other expenses, such as homeowners insurance , flood insurance and mortgage insurance premiums.

Fixed-rate mortgage 491

Fixed-rate mortgage Equity Mortgages Loans 491

Real Estate News

FEBRUARY 15, 2024

A statement of interest filed late Thursday by the Department of Justice savages the proposed MLS PIN settlement, and calls out MLSs for limiting competition.

MLS 345

MLS Agents 345

Housing Wire

FEBRUARY 15, 2024

The preference that older Americans have for aging in place in their own homes is showing up in broader trend data, according to a new report from Redfin. While “homeowner tenure” has fallen slightly since its 2020 peak, the length of time that homeowners are remaining in their properties doubled to 11.9 years last year, up from 6.5 years in 2005, according to a Redfin analysis of median U.S. homeowner tenure by year using county records.

New Construction 466

New Construction Construction Mortgages As-is 466

Real Estate News

FEBRUARY 15, 2024

Net losses for the year improved, however. CEO Ryan Schneider pointed to debt reduction and settlements as wins, and spoke favorably about buyer agreements.

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Agents

Housing Wire

FEBRUARY 15, 2024

The combination of high home prices and insufficient savings for a down payment makes it challenging for first-time homebuyers to pull the trigger on a property purchase. But the good news is, more buyers have become aware of down payment assistance (DPA) options and are tapping into available resources for help, said Susanne Saller, a senior consultant at Caliber Home Loans.

FHA loan 450

FHA loan Loans Closing costs Loan Officer 450

Real Estate News

FEBRUARY 15, 2024

The leading iBuyer lost $275 million in 2023, but that was less than a fifth of 2022 losses. Now the focus is “sustainable” growth of the business.

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Real Estate News

FEBRUARY 15, 2024

The 30-year fixed rate rose to 6.77% this week, the highest level since mid-December.

Mortgages 293

Mortgages 293

Housing Wire

FEBRUARY 15, 2024

Nearly a dozen real estate industry firms have been named as defendants in the 118 data privacy lawsuits filed in the Superior Court of New Jersey over the past 10 days by Atlas Data Privacy Corp. The lawsuits allege that the defendants, which are referred to as “data brokers,” have violated a law that prohibits the disclosure of home addresses and unpublished home phone numbers for judges, law enforcement officers, prosecutors and their families.

Industrial 421

Industrial As-is 421

Keeping Current Matters

FEBRUARY 15, 2024

Based on what you’re hearing in the news about home prices, you may be worried they’re falling.

Marketing 255

Marketing 255

Housing Wire

FEBRUARY 15, 2024

The parties involved in the Nosalek commission lawsuit got a sweet treat for Valentine’s Day from Judge Patti B. Saris. After three weeks of going back and forth, Saris granted the plaintiffs’ motion to administratively stay the lawsuit. As a result, the docket was listed as closed as of Thursday morning before being reopened at midday. That’s because the deadline for the Department of Justice (DOJ) to file its statement of interest in the MLS Property Information Network (MLS PIN) settlement ag

Closing 420

Closing MLS Brokerage Development 420

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Loans

Inman

FEBRUARY 15, 2024

Broker and reality television legend Ryan Serhant headlines an all-star roster of the industry's most compelling voices for the second-annual Inman Global Real Estate Influencers program.

Industrial 207

Industrial Technology Agents 207

Housing Wire

FEBRUARY 15, 2024

For iBuyer Opendoor , 2023 was all about moderation. “We are excited about how we are set up for 2024 and beyond,” CEO Carrie Wheeler told investors and analysts listening to the firm’s Q4 2023 earnings call on Thursday evening. “We’ve done the hard work in 2023 to be leaner, to be more agile, to be able to rescale the business in a sustainable fashion.

Investor 415

Investor As-is Marketing Mortgages 415

Inman

FEBRUARY 15, 2024

DeLeon Realty in Silicon Valley began advertising commissions of 3.5 percent or less for homesellers who choose to work with the firm. The marketing push appeared in the mail and social media this week.

Brokerage 193

Brokerage Marketing MLS Agents 193

Housing Wire

FEBRUARY 15, 2024

Opportunity in the current mortgage market may be challenging to find — and that could arguably be truer for those who offer reverse mortgage products for clients. Still, reverse mortgage professionals are always keeping their eyes peeled, and a group of them shared what they’re looking out for in 2024 for their businesses. To get the lay of the land, RMD spoke to front-line reverse mortgage originators Jim Cullen in Green Bay, Wisconsin; David Heilman in Mount Pleasant, South Carolina; and Bruc

Mortgages 409

Mortgages Banks Equity Land 409

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Sales

Inman

FEBRUARY 15, 2024

The trade group will not take on pet projects for the duration of NAR President Kevin Sears' tenure, which is slated to last until November 2025, he told NAR's Board of Directors Wednesday morning.

MLS 180

MLS Brokerage Agents 180

Housing Wire

FEBRUARY 15, 2024

Anywhere Real Estat e felt the brunt of slow home sales during the fourth quarter of 2023 as the company reported a loss of $107 million during the three-month period. It generated $1.3 billion in revenue in the fourth quarter, a decrease of 6% year over year. A nearly 20% annualized decline in home sales was the major driver of the decline in revenue.

Marketing 409

Marketing Branding Brokerage Sales 409

Inman

FEBRUARY 15, 2024

The real estate brokerage and franchisor posted $5.6 billion in revenue during a grueling 2023 while losses improved to $97 million, according to a full-year earnings call on Thursday morning.

Brokerage 173

Brokerage Marketing 173

Housing Wire

FEBRUARY 15, 2024

Better.com announced Thursday that it’s launching fully digital U.S. Department of Veteran Affairs (VA) loans through its Tinman platform. The product, which has no minimum down payment requirement, is expected to reach about 10% of the lender’s portfolio in 2024. “We’ve been working toward launching a VA product for the past two years,” Vishal Garg, founder and CEO of Better, said in an interview with HousingWire.

VA loan 408

VA loan Loans Loan Officer FHA loan 408

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.

Agents

Inman

FEBRUARY 15, 2024

The Mediterranean-style home in Florida was once owned by Bob Ross Inc. and hosted art retreats for Bob Ross-certified instructors and their students. Now it's for sale for $1.999 million.

Sales 171

Sales 171

Housing Wire

FEBRUARY 15, 2024

In an email to the board of directors on Wednesday, National Association of Realtors (NAR) President Kevin Sears announced that he and the trade organization would not be taking on any presidential initiatives throughout the duration of his term, as first reported by Inman News. Sears stepped into the role of NAR president in January after Tracy Kasper announced her resignation , reportedly due to threats of blackmail.

As-is 407

As-is Agents 407

Inman

FEBRUARY 15, 2024

Borrowers can use the company's Tinman platform to see their rates and get pre-approved in minutes, and may qualify to buy with no down payment.

VA loan 181

VA loan Pre-approval Loans Mortgages 181

Housing Wire

FEBRUARY 15, 2024

The nation’s top loan officer Shant Banosian joined the board of directors at Healing Realty Trust , a healthcare-focused real estate investment company. Established in 2022, the real estate venture carved out a niche focusing on healthcare properties in the $1 million to $15 million price range – including those for behavioral, physical and mental health care.

Loan Officer 407

Loan Officer Commercial Investor Banks 407

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.

Agents

Inman

FEBRUARY 15, 2024

Learn how this Boston broker puts his sales experience to work as he guides, supports and develops the next generation of great real estate professionals.

Development 177

Development Sales Brokerage 177

Housing Wire

FEBRUARY 15, 2024

United Wholesale Mortgage (UWM) has accused California-based brokerage and correspondent lender Mortgage Solutions FCS, dba Client Direct Mortgage, of breaching its early payoff (EPO) provision and its owner, Ramon Walker, of trademark infringement. UWM filed a lawsuit in a U.S. district court in Michigan on Wednesday. The legal battle follows the creation of a Facebook group called “Rocket Pro TPO vs UWM,” which UWM says Walker founded on Oct. 28, 2023.

Mortgages 379

Mortgages Loan Officer Loans Brokerage 379

Inman

FEBRUARY 15, 2024

Join Inman Access to unlock Renee Funk's insightful class where we take a deep dive into what agents and team leaders should be prioritizing and how to make 2024 your best year yet.

Agents 162

Agents 162

RIS Media

FEBRUARY 15, 2024

In today’s consumer-driven society, purchasing new or used appliances is a common dilemma. While brand-new appliances come with the allure of the latest technology and warranties, buying used appliances has advantages and disadvantages. We will examine the pros and cons of buying used appliances. Our guidance will help you decide based on your unique needs… The post The Comprehensive Guide to the Pros and Cons of Buying Used Appliances appeared first on RISMedia.

Branding 139

Branding Technology Sales Industrial 139

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Agents

Inman

FEBRUARY 15, 2024

Known as Matterport Property Intelligence, the release contains features now out of beta testing, such as automatic room-by-room labeling and dimensions, color-coded and company-branded floor plans and property reports for fully detailed physical listing insights.

Branding 158

Branding Technology 158

RIS Media

FEBRUARY 15, 2024

The adage “location, location, location” continues regarding real estate. The location remains paramount despite the myriad factors contributing to a property’s market value—including size, condition and features. We will examine how the geographical positioning of a property significantly influences its desirability and, consequently, its market value.

Marketing 137

Marketing Industrial Agents 137

Inman

FEBRUARY 15, 2024

The off-market sale is a highlight for greater LA's luxury market, which has slowed in the last year in response to market shifts, interest rates and new luxury taxes.

Sales 161

Sales Marketing 161

RIS Media

FEBRUARY 15, 2024

In today’s ultra-competitive real estate market, staying ahead of the curve is not just an advantage; it’s a necessity. Artificial Intelligence is not a buzzword anymore; it’s a powerful tool reshaping how real estate agents operate, connect, and succeed. At Homes for Heroes, we have identified several AI strategies that can significantly enhance your real… The post Unveiling the Future: AI-Driven Strategies for Real Estate Success appeared first on RISMedia.

Agents 120

Agents Marketing Development Technology 120

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.

Sales