RIS Media

DECEMBER 13, 2023

Blake Wallace started his career in real estate walking neighborhoods throughout the Minneapolis, Minnesota, area, knocking on doors of strangers’ homes and opening up conversations about couples’ plans to downsize or families’ hopes of moving into better school districts. In the nearly two decades since ringing that first doorbell, confronting an unknown face and an… The post How Market Data Helps Build Client Connections appeared first on RISMedia.

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Marketing Development Industrial Agents 110

Housing Wire

DECEMBER 13, 2023

The Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% at its last meeting of the year on Wednesday. It was the fourth pause recorded in 2023. Investors will parse Jerome Powell’s press conference this afternoon for clues about when and why the central bank might change its policy stance next year.

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Mortgages Banks Investor Industrial 522

Real Estate News

DECEMBER 13, 2023

COO Greg Hart to leave Compass as company eliminates role; Collabra Technology taps Scott Feldman as chief revenue officer; CMLS names board members.

Technology 270

Technology 270

Housing Wire

DECEMBER 13, 2023

As 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that characterized the year. They may find that relief for mortgage rates next year, according to forecasts from various industry experts compiled by HousingWire. Sales, however, may see only mild improvement in the year ahead, while prices will remain more or less historically high, the forecasters believe.

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Sales Mortgages Construction As-is 466

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Agents

Keeping Current Matters

DECEMBER 13, 2023

If you're thinking about moving, it's important to know what's happening in the housing market.

Marketing 276

Marketing 276

Housing Wire

DECEMBER 13, 2023

Top U.S. mortgage lender United Wholesale Mortgage (UWM) is offering discounted rates on some government loans until January for brokers to create their own “refi boom,” the company announced on Wednesday. The initiative includes three new exclusive rates – 5.749% paying 1.5 points, 5.999% paying 2 points and 6.249% paying 2.5 points – on FHA and VA refinances available to brokers until Jan. 31, 2024.

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Loans VA loan FHA loan Mortgages 420

Housing Wire

DECEMBER 13, 2023

Compass ’ chief operating officer Greg Hart will leave the brokerage at the end of the year, according to a document filed with the Securities and Exchange Commission on Tuesday. According to the filing, Hart’s position is being eliminated and Compass will not seek to fill the vacancy. As such, Hart is entitled to receive severance benefits. Hart joined Compass in March 2020 to serve as the firm’s chief product officer, before assuming the role of chief operating officer over the summer of 2022.

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Brokerage Technology As-is Finance 401

Inman

DECEMBER 13, 2023

Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman.

Equity 186

Equity Residential Brokerage Agents 186

Housing Wire

DECEMBER 13, 2023

Verifications provider Argyle announced an integration with the Exchange, an interconnected network of mortgage-specific service providers available to customers of the Empower loan origination system (LOS) from Dark Matter Technologies. The collaboration is aimed to make it easier for lenders to order Argyle’s verification of income (VOI) and verification of employment (VOE) reports through the Empower LOS.

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Technology Loans Banks Mortgages 401

Inman

DECEMBER 13, 2023

Realtor.com is ramping up its competition with rival portals heading into the new year as it rolls out enhanced listing-focused products for agents, Chief Marketing Officer Mickey Neuberger told Intel exclusively.

Agents 178

Agents Marketing As-is Technology 178

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. It also has been a brutal year for the secondary market that creates liquidity for mortgage lenders as greatly reduced mortgage originations, liquidity challenges and interest rate volatility have played havoc in the whole-loan trading as well as the private-label and agenc

Mortgages 381

Mortgages Marketing Banks Investor 381

Inman

DECEMBER 13, 2023

Federal Reserve policymakers anticipate three rate cuts by the end of next year, but many think the central bank may cut faster and harder.

Mortgages 202

Mortgages Banks Marketing 202

Housing Wire

DECEMBER 13, 2023

Rocket Homes is looking to make your daily commute part of your home search experience. The company announced Tuesday that the Rocket Homes iOS app is now available on the infotainment screen of a user’s car via Apple CarPlay. According to the release, homes listed for sale can be seen by users in the “Nearby” tab of the app on CarPlay. By tapping the listing users can easily get directions to the home, call an agent or save the listing in their “Favorites.

Technology 363

Technology Agents Sales As-is 363

Inman

DECEMBER 13, 2023

Demand for purchase mortgages has picked up in five out of the past six weeks, and applications to refinance have roared back, jumping 27 percent from a year ago.

Mortgages 182

Mortgages Marketing 182

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Sales

Eye on Housing

DECEMBER 13, 2023

The Federal Reserve’s monetary policy committee held the federal funds rate constant at a top target rate of 5.5% at the conclusion of its December meeting. The Fed will continue to reduce its balance sheet holdings of Treasuries and mortgage-backed securities as part of quantitative tightening and balance sheet normalization. Marking a third consecutive meeting holding the federal funds rate.

Mortgages 124

Mortgages 124

Inman

DECEMBER 13, 2023

Lionetti said he believes Real's model is the future of the industry. His business partner, Anna Oliver, will be moving from The Agency to Real, too.

Industrial 180

Industrial Brokerage Agents 180

RIS Media

DECEMBER 13, 2023

Buyer demand is a constantly changing influence in luxury real estate, where affluent consumers are often the perpetrators and influencers of new trends. Selling a luxury property in the current market requires that you know how to highlight the home’s unique attributes and how to maximize its potential value to prospective buyers. The luxury market… The post Connecting the Dots between Buyers and Sellers appeared first on RISMedia.

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Marketing Staging Industrial 122

Inman

DECEMBER 13, 2023

Using a floor plan generated by artificial intelligence, families can now explore every nook and cranny of Santa Claus' house, which is currently valued at $1.18 million.

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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

Bigger Pockets

DECEMBER 13, 2023

Housing prices have hardly let up over the past few years, and rising rates have made buying real estate even more expensive. Will we see any relief next year, though? Here's what you need to know.

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Inman

DECEMBER 13, 2023

Integration with Apple CarPlay turns the commute "into an exciting and natural part of the homebuying journey" — unless you drive a Tesla.

Technology 168

Technology Mortgages 168

NAR: Economic Outlook

DECEMBER 13, 2023

A Decade of Data: New Housing Units at the State Level The total number of housing units increased from 264.9 million units in 2012 to 287.5 million units in 2022.

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Inman

DECEMBER 13, 2023

OneKey MLS's purchase of broker-owned Mid-Hudson MLS is expected to close in January. OneKey says it will provide more data and reach to agents while saving time and money.

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MLS Agents Closing 148

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

Seattle Times Real Estate

DECEMBER 13, 2023

For residents, Pride Place goes beyond affordable housing: It's a place for people who may share backgrounds and identities to convene and build relationships.

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Inman

DECEMBER 13, 2023

Have you made your wishlist for the holidays? Are you looking for some shiny objects or something a little less tangible this year?

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Agents 149

Eye on Housing

DECEMBER 13, 2023

Per the Mortgage Bankers Association’s (MBA) survey through the week ending December 8th, total mortgage activity increased 7.4% from the previous week, and the average 30-year fixed-rate mortgage (FRM) rate fell 10 basis points to 7.07%. The FRM rate has decreased by 54 basis points over the past month.

Fixed-rate mortgage 116

Fixed-rate mortgage Mortgages Loans Marketing 116

RIS Media

DECEMBER 13, 2023

December industry predictions for the upcoming year can be fairly same-old, same-old. Forecasters will have mortgage rates rising or falling, while guesstimating sales and inventory to be strong or weak. Of course no one can say for sure what will happen within the residential real estate realm, as inflation patterns, Fed decisions and housing inventory… The post Buffini, Yun Predict Big Mortgage-Rate Drop and Housing Rebound in 2024 appeared first on RISMedia.

Mortgages 114

Mortgages Residential Industrial Sales 114

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Agents

Eye on Housing

DECEMBER 13, 2023

According to the latest Producer Price Index report, the price level of inputs to residential construction less energy (i.e., building materials) increased 0.2% in November after declining 0.4% in October (revised, not seasonally adjusted). The index has increased 0.8% (NSA), year-to-date, marking the smallest YTD gain through November since it fell 0.2% over the first 11 months of 2019.

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Residential Construction 115

Seattle Times Real Estate

DECEMBER 13, 2023

As wintery weather sets in, hundreds of asylum-seekers sheltering at a Tukwila church sleep in cramped quarters or in water-logged tents waiting for more aid.

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RIS Media

DECEMBER 13, 2023

Above, seated from left, Danny Sullivan, Charlene Sullivan and Tim Knox. Standing from left, Chelsea McKinny (partner), Kim Savage (director of agent development), Doris Harper (general manager) and Holly Fairburn, (marketing director). Danny Sullivan Co-Founder Tim Knox President Leading Edge Real Estate Group Huntsville, Alabama [link] Region served: North Alabama and Southern Tennessee Years in… The post United for Strength and Growth appeared first on RISMedia.

Development 111

Development Agents Marketing Industrial 111

Calculated Risk Real Estate

DECEMBER 13, 2023

Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-December I reviewed home inventory and sales. House Prices The Case-Shiller National Index increased 3.9% year-over-year in September and will likely be even more positive YoY in October (based on other data). The MoM increase in the seasonally adjusted Case-Shiller National Index was at 0.65%.

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Marketing Principal Mortgages Real-estate owned 108

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