Housing Wire
MARCH 12, 2024
If a couple decides to dissolve their marriage, something that is often described as a “third character” in the proceedings is the couples’ home. Finding a way to divide a home can be financially and emotionally fraught. And it often takes on more significance than other items due to the home typically being a couple’s most valuable asset — and because of the complex emotions often intertwined with it.
Real Estate News
MARCH 12, 2024
The association reported a fourth month of membership declines, with membership falling below 1.5 million for the first time in nearly three years.
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Housing Wire
MARCH 12, 2024
The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. Fitch expects additional consolidation in the industry as profitability remains constrained by a challenging origination environment.
Real Estate News
MARCH 12, 2024
Along with the acquisition, the companies unveiled a new solo agent suite called Lever by Movoto and said OJO products will now use the Movoto brand.
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Housing Wire
MARCH 12, 2024
Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 Hispanic owner households from the previous year. In total, more than 9.5 million Hispanic households own their home, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2023 State of Hispanic Homeownership Report released on Tuesday.
Real Estate News
MARCH 12, 2024
The brokerage said the program, which launched as a pilot in September, is “good for our customers, our agents and our growth as a brokerage.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
MARCH 12, 2024
A new NAHREP report shows that despite the tough market, Latinos found creative routes to homeownership in 2023, such as co-borrowing, but barriers remain.
Housing Wire
MARCH 12, 2024
San Diego-based lender Guild Mortgage lost money in 2023 but grew its market share through a focus on purchase mortgage originations, it reported in an earnings call on Tuesday. Similar to other major lenders, the purchase-focused Guild — which operates via a distributed retail model — reported a net loss of $39.1 million in 2023, compared to net income of $328.6 million in 2022.
Keeping Current Matters
MARCH 12, 2024
If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you.
Housing Wire
MARCH 12, 2024
Mortgage capital markets tech firm Polly rolled out its Lender Intelligence platform, which leverages data and analytics to drive margin expansion and cost reduction. The new platform will enable lenders to track their volume trends, see how their loan pricing compares to competitors and gain insights into loan origination profit margins, Polly stated.
Advertiser: Trellis
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Inman
MARCH 12, 2024
The acquisition will help OJO launch Lever by Movoto, which the company describes as an all-in-one technology platform for individual agents.
Housing Wire
MARCH 12, 2024
Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations. The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. Lenders can choose to integrate and configure many third-party services such as verification of asset, verification of employment/ verification of income , e-signing
Inman
MARCH 12, 2024
EXp Realty paid $232.6 million in revenue share and equity benefits to agents and brokers in 2023, according to the company's annual program update published mid-Monday. The lion's share of the payouts — $197.9 million — came from revenue share. The remaining $34.7 million came from 2.2 million EXPI stock shares.
Housing Wire
MARCH 12, 2024
A little over a month after formally relaunching homebuyer refunds under its Sign & Save program, Redfin announced that Sign & Save is now available to clients nationwide. In an announcement on Tuesday, the brokerage noted that it had expanded the program to more than a dozen additional markets, including Chicago, Los Angeles, Philadelphia, San Diego and San Francisco.
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Inman
MARCH 12, 2024
Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years.
Housing Wire
MARCH 12, 2024
loanDepot greatly reduced its costs in 2023 while revenues were in free fall amid a contracting market. It wasn’t enough to bring the California-based lender company profitability, but it narrowed its losses. Operationally, loanDepot entered 2024 by dealing with a cyberattack that brought its systems down and a forecast for market conditions to improve.
Inman
MARCH 12, 2024
Fresh off of hosting "Saturday Night Live," the "Dune: Part 2" star has listed his Atlanta home for rent. Brolin purchased the property with his wife, Kathryn, in 2020.
Housing Wire
MARCH 12, 2024
Austin-based real estate technology firm OJO is acquiring The LEAD Syndicate , a leverage platform for real estate professionals, according to an announcement on Tuesday. The financial terms of the deal were not disclosed. The LEAD Syndicate was founded by Nikki Miller, who will join OJO in an undisclosed role. The two firms are coming together to launch Lever by Movoto , OJO’s industry-facing platform.
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
MARCH 12, 2024
Personal branding is more than just self-promotion, luxury consultant Chris Pollinger writes. It's about making a real difference in people's lives and inspiring them to live better.
NAR: Economic Outlook
MARCH 12, 2024
Housing Affordability Conditions Made Progress in Janua At the national level, housing affordability increased in January 2024 compared to the previous month, according to NAR’s Housing Affordability Index.
Inman
MARCH 12, 2024
Inflation rose 0.4 percent in February to an annual rate of 3.2 percent, with shelter and gas costs contributing substantially to the uptick, according to the the Bureau of Labor Statistics' Consumer Price Index.
RIS Media
MARCH 12, 2024
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the U.S. Bureau of Labor Statistics reported on March 12. It marked the biggest increase since last fall. Over the last 12 months, the all items index increased 3.2% before seasonal adjustment. After hitting a 40-year… The post Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates appeared first on RISMedia.
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
MARCH 12, 2024
Lender Intelligence harnesses advanced data science and machine learning tools to give lenders a holistic view of their business and the wider competitive landscape.
RIS Media
MARCH 12, 2024
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. The temperatures are rising, ice and snow are melting away, and the first day of Spring is less than a week away! It’s time to thaw out your… The post Social Skills: Spring Events to Thaw Out Your Lead Generation appeared first on RISMedia.
Inman
MARCH 12, 2024
Nation's largest mortgage lender trims its servicing portfolio by nearly one-fourth, selling $70 billion in mortgage servicing rights for $941.2 million.
RIS Media
MARCH 12, 2024
Above, Gail and Dave Liniger, Co-Founders of RE/MAX LLC Coming out this month, “The Perfect 10: 10 Leadership Principles to Achieve True Independence, Extreme Wealth and Huge Success” is RE/MAX Co-Founder Dave Liniger’s latest book in which he shares more than 50 years of business insights to help future generations of entrepreneurs pursue their dreams… The post Building a Women-Centric Success Story appeared first on RISMedia.
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Inman
MARCH 12, 2024
SparkRental co-founder G. Brian Davis on why you need to balance your portfolio with a variety of investment styles and terms.
RIS Media
MARCH 12, 2024
Motto Mortgage has announced the company has established a new office in Tampa, Florida. Motto Mortgage Mountaintop Partners is now open and serving all markets throughout the Sunshine State, a released stated. “Motto Mortgage Mountaintop Partners offers an advantageous alternative to the traditional mortgage bankers currently operating in Tampa,” said company Founder Chuck DeLangis. “We… The post Motto Mortgage Expands to Florida appeared first on RISMedia.
Inman
MARCH 12, 2024
While many hope to launch a career in real estate, only a few have what it takes to go the distance, mega-team leader Carl Medford writes.
RIS Media
MARCH 12, 2024
Above, Mathew Kallumadil, VP, Technology & Innovation, Stellar MLS, at the 22nd annual CoreLogic Clareity Conference. Photo by Rachel Jane Photo. Stellar MLS announced that Mathew Kallumadil, vice president of Technology & Innovation at Stellar MLS, recently joined hundreds of industry colleagues at the 22nd annual CoreLogic Clareity conference in Arizona to share ideas for… The post CoreLogic Hosts Industry Leaders to Discuss AI 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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