Keeping Current Matters

SEPTEMBER 27, 2023

You might remember the housing crash in 2008, even if you didn't own a home at the time.

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Marketing 295

Housing Wire

SEPTEMBER 27, 2023

After experiencing a temporary hiccup between July 2022 to January 2023, the U.S. housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Over the past year, the value of the U.S. housing market has surged by more than $2.6 trillion.

Marketing 515

Marketing New Construction Finance Construction 515

Real Estate News

SEPTEMBER 27, 2023

The acquisition of Realty Austin and Realty San Antonio will significantly boost Compass' annual sales volume in Texas.

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Land Sales 288

Housing Wire

SEPTEMBER 27, 2023

Government-sponsored enterprise (GSE) Fannie Mae announced on Wednesday that it will launch new programs and resources designed to tackle the homeownership gap experienced by the Latino community , designed to “to provide responsible access to housing and long-term sustainable homeownership opportunities.” The company also announced an expansion of its Special Purpose Credit Program (SPCP) pilot to provide downpayment assistance to eligible first-time homebuyers living in majority-Latino communi

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Design As-is Closing Finance 441

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Agents

Real Estate News

SEPTEMBER 27, 2023

Stop Hate In Real Estate, a collaboration between the LGBTQ+ Alliance, AREAA, NAHREP and WomanUp!, aims to fight discrimination.

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Housing Wire

SEPTEMBER 27, 2023

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. The financial terms of the transaction have not been disclosed. That is Maxwell’s second acquisition since its inception in 2015. Maxwell acquired LenderSelect Mortgage Group from Blue Ridge Bank in May to expand its secondary market trading platform, bringing hundreds of new cli

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Lending Loan Officer Loans Technology 441

Housing Wire

SEPTEMBER 27, 2023

In the week following the Federal Open Market Committee ‘s meeting, mortgage applications sunk. For the week that ended Sept. 22, mortgage applications fell 1.3% from the prior week , according to data from the Mortgage Bankers Association. Based on the FOMC’s most recent projections, rates are expected to be higher for longer, which has driven Treasury yields to new heights.

Mortgages 441

Mortgages Fixed-rate mortgage Loans Marketing 441

Inman

SEPTEMBER 27, 2023

Research shows that people are concerned about the changing climate's impact on their hometowns, but they're more concerned about a lack of housing affordability, according to a new report from Redfin.

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Agents 190

Housing Wire

SEPTEMBER 27, 2023

Rhode Island-based chartered bank Washington Trust Company has agreed to pay $9 million to settle a redlining case with the U.S. Department of Justice (DOJ), the parties announced Wednesday. The agreement requires court approval. Washington Trust, known as the oldest U.S. community bank, was accused of illegally avoiding providing mortgage services to majority Black and Hispanic neighborhoods in Rhode Island.

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Banks Lending Loan Officer Equity 432

Inman

SEPTEMBER 27, 2023

Coupled with findings of an internal investigation made public this month, the memo addressed to Donna Gland reveals NAR was aware of a "hostile, toxic work environment" as early as March 2022.

MLS 187

MLS Brokerage Agents 187

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

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey.

Mortgages 421

Mortgages Marketing Banks New Construction 421

Inman

SEPTEMBER 27, 2023

The LGBTQ+ Real Estate Alliance is partnering with the California Association of Realtors, AREAA and NAHREP to combat real estate discrimination against homebuyers from diverse communities.

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Brokerage Industrial Agents 187

Housing Wire

SEPTEMBER 27, 2023

Compass ’ Texas operation just got stronger. The Robert Reffkin -helmed firm has acquired Realty Austin and its San Antonio satellite Realty San Antonio , according to an announcement on Wednesday. The financial terms of the deal were not disclosed. “With this acquisition, we’ve positioned ourselves as Austin’s leading brokerage—our commitment to setting new standards and inspiring innovation for all our exceptional agents remains the top priority while honoring what Realty Austin an

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Brokerage Agents Branding Technology 410

Inman

SEPTEMBER 27, 2023

Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136 million in 2022 sales volume.

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Principal Agents Sales Brokerage 187

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Sales

Housing Wire

SEPTEMBER 27, 2023

FirstHome IQ , a new nonprofit founded by industry leaders Kristin Messerli , Dave Savage and Todd Bookspan , launched its Ambassador Program today to end the financial literacy crisis in the U.S. Through the program, mortgage and real estate professionals donate $100 per transaction and commit to educating the next generation. “The response to our soft invitation to this program has really been inspiring,” said Messerli, FirstHomeIQ’s executive director.

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Branding Industrial Mortgages Development 410

Inman

SEPTEMBER 27, 2023

Real estate brokers who invest in tech stacks frequently find themselves selling their own agents on the technology's merits. Intel spoke to executives about the adoption tactics that work best.

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Technology Agents Brokerage 187

Housing Wire

SEPTEMBER 27, 2023

LoanLogics, a mortgage loan quality automation provider, announced the integration of two of its document processing tools with Finastra ‘s MortgagebotLOS solution on Wednesday. This integration aims to enhance lender capabilities and facilitate document processing and income calculation, the statement said. “These integrations demonstrate our commitment to providing mortgage lenders the tools they need to excel,” Mary Kay Theriault, director of product management for Mortgagebot at Finastra , s

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Loans Technology Investor Mortgages 410

Inman

SEPTEMBER 27, 2023

When shopping around for a brokerage, new agents may not know what to look for. Team leader Carl Medford breaks down the difference between going it alone and becoming part of a team.

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Agents Brokerage 187

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

Housing Wire

SEPTEMBER 27, 2023

As global tensions have escalated in recent years so, too, have concerns in the United States about the ownership of real estate by people from other countries — especially those from adversary nations. In response to these concerns, state legislators across the country have moved to pass legislation to prohibit or restrict foreign nationals from purchasing property.

Land 410

Land Title Closing Design 410

Inman

SEPTEMBER 27, 2023

The leader in artificial intelligence-driven financial document automation has combined three of its solutions into a mortgage dashboard for classifying, capturing and analyzing borrower documents.

Design 187

Design Mortgages Technology 187

RIS Media

SEPTEMBER 27, 2023

Many potential buyers are struggling in the current housing market, but even with the market teetering in sellers’ favor, not every house is flying off the market. Buyers don’t want fixer-uppers In a recent podcast, J.R. Whalen of the Wall Street Journal noted, “Traditionally, fixer-upper homes have given buyers an opportunity to save some money… The post Why Fixer-Uppers Have Fallen Out of Favor appeared first on RISMedia.

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Marketing Industrial 130

Inman

SEPTEMBER 27, 2023

Between 2018 and 2020, Fannie and Freddie purchased close to 600 shared equity loans, before realizing that current regulations might prohibit them from doing so.

Equity 195

Equity Loans Closing Mortgages 195

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

RIS Media

SEPTEMBER 27, 2023

Consumer confidence fell for the second month in a row, from 108.7 in August to 103 in September, according to the latest data from The Conference Board. “Consumer confidence fell again in September 2023, marking two consecutive months of decline,” said Dana Peterson, chief economist at The Conference Board. “September’s disappointing headline number reflected another… The post Consumer Confidence Sees Another Dip in September appeared first on RISMedia.

Industrial 126

Industrial 126

Inman

SEPTEMBER 27, 2023

In a series of key charts, Aziz Sunderji of Home Economics and Mike DelPrete, a strategic adviser and global expert in real estate technology, put August existing-home sales in historical context.

Sales 180

Sales Technology Marketing 180

RIS Media

SEPTEMBER 27, 2023

Manuel Pantiga Broker/Owner PantigaGroup Inc., a member of Leading Real Estate Companies of the World® Bronx, New York | [link] Region served: New York City and Westchester County; Connecticut Years in real estate: 19 Number of offices: 1 Number of agents: 43 Motto/work philosophy that you live by: Our purpose is to add value to… The post Adopting an Intentional Business Mentality appeared first on RISMedia.

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Agents Development Industrial 123

Inman

SEPTEMBER 27, 2023

Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time.

Sales 180

Sales Mortgages Marketing 180

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Agents

RIS Media

SEPTEMBER 27, 2023

Across the country, there are places where it simply isn’t safe for some people to live. In a time where states continue to pass discriminatory laws, with hate crimes and discrimination on the rise, a group of over 75,000 members of the real estate community are calling on colleagues, friends and REALTOR® leadership to be… The post Diverse REALTOR® Advocate Groups Join ‘Stop Hate’ Initiative appeared first on RISMedia.

MLS 123

MLS Industrial Agents 123

Inman

SEPTEMBER 27, 2023

State Employees Credit Union of Maryland is the third lender to sign with Newzip, which helps lenders court homebuyers by offering them discounts when they agree to work with preferred real estate agents.

Agents 180

Agents Mortgages 180

RIS Media

SEPTEMBER 27, 2023

The increase in mortgage applications last week was short-lived, as purchase applications fell this week, down 1.3% from one week earlier when we saw a temporary increase of 5.4%. This is according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending September 22, 2023. Here’s a look… The post Mortgage Applications Decrease Following More Rate Hikes appeared first on RISMedia.

Mortgages 123

Mortgages As-is Industrial Marketing 123

Inman

SEPTEMBER 27, 2023

Fed's "higher for longer" rate strategy drives yields on long-term Treasurys higher, with mortgage rates following to highest levels in over 20 years, MBA survey shows.

Mortgages 184

Mortgages Marketing 184

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