Housing Wire

MARCH 5, 2024

The U.S. Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. There are three core provisions of the plan. They include the reallocation of funds originally earmarked for relief from the economic impacts of the COVID-19 pandemic for affordable housing construction, as well as new provisions for the 2021 American Rescue Plan (ARP) Emergency Rental Assistance (ERA) program to clarify the use of such fu

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Real Estate News

MARCH 5, 2024

Realtor.com’s February housing report shows inventory rising, especially in the South, and availability of homes priced between $200k-$350k increasing by 20.6%.

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Housing Wire

MARCH 5, 2024

Ahead of Friday’s national jobs report, mortgage rates have found stability after increasing for multiple weeks. Polly ’s average 30-year fixed rate for conventional loans was 7.17% on Tuesday, down from 7.24% one week earlier, according to HousingWire’s Mortgage Rates Center. At the same time one year ago, Polly ’s 30-year fixed rate averaged 6.82%.

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Real Estate News

MARCH 5, 2024

The home search rivals announced a syndication agreement allowing Zillow to be the exclusive provider of multifamily apartment listings on Realtor.com.

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Housing Wire

MARCH 5, 2024

U.S. home price gains reached their highest rate in a year in January, according to CoreLogic ’s Home Price Index (HPI). But the data provider forecasts yearly growth to begin slowing in the coming months and fall to 2.6% by early 2025. U.S. annual home price growth rose by 5.8% in January 2024. On a monthly basis, home prices increased by 0.1%. In January, the annual appreciation of detached properties (6%) exceeded that of attached properties (4.9%) by 1.1 percentage points.

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Mortgages Marketing 445

Real Estate News

MARCH 5, 2024

The 17,000-member association speaks out, saying it will “vigorously defend” two lawsuits targeting NAR, Nevada associations and MLSs, and brokerages.

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Real Estate News

MARCH 5, 2024

Hanna was removed from Batton 2, marking the second time this year that the family-owned brokerage has been dropped from a buyer-broker compensation case.

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Brokerage 214

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S. economy remains hot. It’s still the first quarter of 2024, so it may be too early to be pessimistic about the current mortgage rate environment, but it’s becoming more likely that a mu

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Keeping Current Matters

MARCH 5, 2024

There’s been a lot of recession talk over the past couple of years.

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Marketing 249

Housing Wire

MARCH 5, 2024

The homebuyer plaintiffs in the Batton II commission lawsuit in Illinois made the decision to voluntarily dismiss defendant Howard Hanna Real Estate Services from the lawsuit without prejudice. In a document filed on Monday with U.S. District Court Judge Andrea Wood, the plaintiffs, which include Mya Batton, Aaron Bolton, Michael Brace, Do Yeon Irene Kim, Anna James, James Mullis, and Theodore Bisbicos, noted that they are dismissing Howard Hanna Real Estate Services as the firm has yet to serve

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Development Agents As-is Finance 408

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

Inman

MARCH 5, 2024

Danielle Lazier was at the top of her game, but she was so burnt out, she was ready to quit. FBI negotiator Chris Voss' talk about tactical empathy and emotional intelligence changed everything.

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Agents Brokerage 167

Housing Wire

MARCH 5, 2024

New data illustrates a discrepancy between the perception of baby boomers who lose money to financial scams and the actual rate of seniors to fall prey to such bad actors. This is according to the results of a survey conducted by market research firm Ipsos and HomeEquity Bank — Canada ’s leading reverse mortgage lender — that focuses on members of the baby-boomer generation who reside in that country.

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Banks Finance Technology Design 406

Inman

MARCH 5, 2024

The mark of a great leader, Victoria Kennedy writes, is that they don't hoard power for themselves but empower others to build and grow their sphere of influence.

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Brokerage Agents 171

Housing Wire

MARCH 5, 2024

The federally insured reverse mortgage known as a Home Equity Conversion Mortgage (HECM) is unique, as are the rates that impact the HECM product. For this reason, I will provide a short monthly educational focus, followed by a summary of the HECM rate market. Keep in mind that almost all HECMs are adjustable-rate mortgages (ARMs), and so each rate update will concentrate on ARMs.

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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

Sales

Inman

MARCH 5, 2024

Kathy Kaye and Lorraine Baker each have about two decades of industry experience and bring roughly $200 million each in career sales volume to the firm. Kaye joins from Compass, Baker from Douglas Elliman.

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Housing Wire

MARCH 5, 2024

John Abraham, former top-producing mortgage loan officer at Caliber Home Loans /NewRez , has joined The Money Store. His team will be making the move with him. Abraham was named vice president and producing branch manager in Illinois, where he will serve as sales leader and mortgage originator. “The Money Store boasts a nimble lending platform, transparent loan process and highly competitive rates.

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Loan Officer Loans Lending Mortgages 401

Inman

MARCH 5, 2024

The New York City-based real estate news site, a resource for buyers, sellers and renters, briefly ceased publication last week before announcing Monday it had been acquired

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Marketing 145

Housing Wire

MARCH 5, 2024

Ginnie Mae has introduced new cybersecurity incident reporting requirements, the government-owned enterprise announced on Monday. The initiative underscores Ginnie Mae’s commitment to bolstering its companywide information security, business continuity and reporting standards. Effective immediately, issuers of Ginnie Mae mortgage-backed securities must notify Ginnie Mae of any cybersecurity incident within 48 hours of its detection.

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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

Inman

MARCH 5, 2024

In times of struggle, we often add tools, strategies and habits to "fix" what’s wrong in our lives and businesses. Let eXp’s Troy Palmquist help you shed some of the things that are holding you back.

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Housing Wire

MARCH 5, 2024

LenderLogix , a provider of white-label mortgage software, has integrated with AccountChek , a digital verification service for assets, income and employment, the companies announced on Tuesday. This integration merges AccountChek’s income verification system directly into the LenderLogix point-of-sale system, LiteSpeed, to automate the asset verification process and streamline loan origination tasks.

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Inman

MARCH 5, 2024

Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund.

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Mortgages Industrial 144

Housing Wire

MARCH 5, 2024

Struggling New York Community Bancorp (NYCB), which triggered fears of new bank collapses, could benefit from selling mortgage servicing rights ( MSR ) to improve its capital ratio, according to analysts at Keefe, Bruyette and Woods (KBW). NYCB became a large mortgage servicer after the acquisition of Flagstar Bank in December 2022. Its owned servicing portfolio reached $78 billion in unpaid principal value (UPB) at the end of 2023, with a carrying value of $1.1 billion, analysts wrote in a

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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

MARCH 5, 2024

Don't buy into the commission rhetoric saying the U.S. should do things more like they do in Australia, Cara Ameer writes. Each country has its own dynamics, customs and economics.

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Brokerage Marketing Agents 139

Housing Wire

MARCH 5, 2024

Verifications provider Argyle announced Tuesday that it has raised $30 million in new funding, upping its total to $100 million since its inception in 2018. This round of funding — which includes a mix of equity and debt — will be used for the company’s adoption and expansion of its automated income and employment verification platform, the firm said.

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Technology Lending Equity Loans 354

Inman

MARCH 5, 2024

The highest honor in luxury real estate, the Golden I Club, is now accepting nominations. Winners will be celebrated at Luxury Connect 2024.

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RIS Media

MARCH 5, 2024

It was after a distressing discovery that REALTORⓇ Jeffrey Decatur, a longtime broker associate with RE/MAX Capital, in Latham, New York, decided less is definitely more when it comes to open house food and drink offerings. “I am no longer a fan of food at open houses,” he asserts. “I used to have some kind… The post Open House Rules: Landing a Buyer While Gaining New Clients and Listings appeared first on RISMedia.

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Agents

Inman

MARCH 5, 2024

A 160-square-foot backyard residence in the Las Vegas Valley asking $950 a month has received over 100 inquiries from tenants.

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Marketing 146

Bigger Pockets

MARCH 5, 2024

As insurance premiums climb, property owners need to grasp how economic conditions and natural disasters affect the insurance market. These insights provide practical guidance for real estate investors navigating a dynamic, unpredictable market.

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RIS Media

MARCH 5, 2024

Following a brief uptick in new home sizes in 2021, the average size of a new home continues to inch smaller—dropping from 2,479 square feet in 2022 to 2,411 square feet in 2023, the smallest average size in 13 years—to match home buyer preferences for less square footage. According to NAHB’s latest What Home Buyers… The post The Top Home Design Trends for 2024 appeared first on RISMedia.

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Brownstoner

MARCH 5, 2024

By Isabel Song Beer, Brooklyn Paper Healthcare workers and elected officials rallied Thursday outside of SUNY Downstate Medical Center in the latest protest against a “transformative plan” which could see SUNY shutter the East Flatbush hospital. Joined by fellow elected officials, Brooklyn faith leaders, numerous union representatives and hundreds of healthcare workers,… Read More > The post Possible SUNY Downstate Closure Brings Healthcare Workers, Pols Out in Protest appeared first o

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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