Keeping Current Matters

JANUARY 18, 2024

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten.

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Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% as of Jan. 11, a decrease from last week’s 6.66%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Fixed-rate mortgage 530

Fixed-rate mortgage Mortgages New Construction Construction 530

Real Estate News

JANUARY 18, 2024

The latest case, which focuses on Los Angeles, lists 35 defendants including the largest MLS in the U.S., major brokerages and two dozen associations.

MLS 275

MLS Brokerage 275

Housing Wire

JANUARY 18, 2024

Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles. The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. It was filed on Wednesday in U.S. District Court in Los Angeles. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit.

MLS 525

MLS Brokerage Agents As-is 525

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Agents

Real Estate News

JANUARY 18, 2024

Lower rates are good news for buyers, but increased demand could further erode limited inventory.

Mortgages 312

Mortgages 312

Housing Wire

JANUARY 18, 2024

Wire and title fraud risk reached an all all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud, according to FundingShield ‘s quarterly report. On average, problematic loans had 2.2 issues per loan indicating the lack of appropriate controls by closing agents to identify and fix issues. With the fourth quarter traditionally being the highest risk quarter of the year for fraud, 2023 was no exception with higher-than-average findings acr

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Title Banks Loans Closing 437

Housing Wire

JANUARY 18, 2024

The city of Laguna Beach, Calif. recently offered details of its city-sponsored aging-in-place program, dubbed “Lifelong Laguna,” in a profile published by CNBC. It provides new insight into the measures cities can explore to more easily facilitate aging-in-place goals for older residents. 2021 research from AARP indicates that 77% of adults at or over the age of 50 want to stay in their homes as they get older, but the figure in Laguna Beach is much higher.

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As-is 435

Real Estate News

JANUARY 18, 2024

A jury ruled in September that Zillow was not deceptive in the way it displayed non-MLS listings.

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MLS 269

Housing Wire

JANUARY 18, 2024

Closing software provider Qualia is accusing a former employee and startup title production software firm Settlor of stealing trade secrets. In a lawsuit filed on Tuesday in U.S. District Court in Denver, Qualia claims that its former senior manager of product at Resware Krista Myers , who is now a product manager at Settlor, secretly stole data from Qualia before she resigned from her position.

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Title Closing Land As-is 414

Inman

JANUARY 18, 2024

Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent.

Mortgages 193

Mortgages Sales Marketing 193

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Loans

Housing Wire

JANUARY 18, 2024

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product. Announced earlier this week as a part of a broader effort to introduce more liquidity into reverse mortgage-backed securities, the new product would enable the acquisition of loans from an HMBS poo

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Development Loans Banks Mortgages 410

Inman

JANUARY 18, 2024

As many as 80 percent of agents are using AI to do things like write listing descriptions, but real estate leaders also have concerns about "guardrails" for the tech.

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Agents Technology 186

Housing Wire

JANUARY 18, 2024

Dark Matter Technologies , formerly Black Knight Origination Technologies, is gearing up to bring more lenders on to use its Empower loan origination system in 2024. The firm is primarily focused on creating an application programming interface (API) marketplace where Dark Matter Technologies can collaborate with developers on automation and cutting expenses for third-party vendors and lenders.

Technology 389

Technology Marketing Loans Development 389

Inman

JANUARY 18, 2024

The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded nine figures in recent years. When it was first listed in early 2023, the unit asked $175 million.

Development 170

Development Marketing 170

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Sales

Housing Wire

JANUARY 18, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jim Butler, chief technology officer at Stavvy , to talk about moving real estate from paper to a digital transaction, how the company is using AI, and the vibe you get working with industry experts. Previously, Butler served as CTO of HqO, an employee experience platform for commercial office buildings, and CTO of Global Supply Platforms for Verizon Media.

Industrial 302

Industrial Technology Commercial As-is 302

Inman

JANUARY 18, 2024

With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards.

Industrial 191

Industrial Brokerage Mortgages Agents 191

RIS Media

JANUARY 18, 2024

Selling a home for the first time can be daunting, filled with uncertainties and questions. However, the process can be smooth and thriving with the proper knowledge and strategic planning. We will showcase valuable tips and advice for first-time homesellers. The information will cover essential aspects to ensure a profitable and stress-free home sale.

Sales 136

Sales Inspection Industrial 136

Inman

JANUARY 18, 2024

Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida's zoning laws could free up vast tracts of land for high-density new home construction.

Land 167

Land Construction Agents Marketing 167

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

Eye on Housing

JANUARY 18, 2024

The NAHB/Westlake Royal Remodeling Market Index (RMI), a measure of sentiment among professional remodelers, for the fourth quarter posted a reading of 67, increasing two points compared to the previous quarter. Remodelers’ sentiment was quite positive at the end of 2023, when seasonally adjusted for the slowdown that invariably occurs during that part of the year.

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Marketing 124

Inman

JANUARY 18, 2024

In his latest Snapshot profile, Brandon Doyle looks at the career of Sunny Lake Hahn, traces her real estate journey and shares her best advice.

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Agents 178

RIS Media

JANUARY 18, 2024

Luxury real estate—while part of the housing market—is a world of its own, fighting the tides of market challenges and managing to stay afloat. Due to this, luxury consumers remain more positive in their market than most. In fact, over one-third of surveyed luxury consumers feel that 2024 will be a better time to buy or… The post Luxury Real Estate Has a Positive Outlook for 2024 appeared first on RISMedia.

Marketing 120

Marketing Industrial 120

Inman

JANUARY 18, 2024

Trend could bode well for the spring homebuying season, the Mortgage Bankers Association said Wednesday, but Fed may take its time before cutting rates.

Mortgages 170

Mortgages Loans Marketing 170

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

JANUARY 18, 2024

The popularity and use of artificial intelligence (AI) in real estate has become nearly ubiquitous among America’s leading real estate brokerages, with 75% already using the technology and almost 80% reporting that their agents have adopted AI tools. But concerns remain about safeguards keeping pace with AI’s rapid integration, according to the 2024 Delta Media… The post AI Use in Real Estate Becomes More Widespread, New Report Finds appeared first on RISMedia.

Technology 117

Technology Brokerage Agents Industrial 117

Inman

JANUARY 18, 2024

The Federal Trade Commission has ordered Ganadores Real Estate to refund consumers after making false real estate coaching and mentoring promises. The group charged $28,000 per student and promised six-figure returns.

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RIS Media

JANUARY 18, 2024

Despite a more favorable outlook on the housing industry that has come along with a sharp decrease in mortgage rates over the last several weeks, housing starts fell last month, after a three-month uptick, the government reported Thursday. The latest data from the Commerce Department via the U.S. Census Bureau shows new construction in the… The post Housing Starts Take a Downturn in December Despite Optimism Over Rate Drops appeared first on RISMedia.

New Construction 114

New Construction Construction Industrial Mortgages 114

Inman

JANUARY 18, 2024

When New Mexico builder Abrazo Homes named its floor plans after iconic historical women, it ignited a social media firestorm. Here's why using celebrities and cultural figures without permission to market your business is such a bad idea.

Marketing 152

Marketing New Construction Construction Brokerage 152

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Agents

NAR: Economic Outlook

JANUARY 18, 2024

Instant Reaction: Mortgage Rates, January 18, 2024 This week's mortgage interest rate fell to 6.60%, the lowest in eight months and good news for potential home buyers.

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Mortgages Finance 116

Inman

JANUARY 18, 2024

MV Realty was under scrutiny for deceiving homeowners in financial distress into signing exclusive listing agreements that lasted 40 years in exchange for cash.

Brokerage 160

Brokerage Agents Marketing 160

RIS Media

JANUARY 18, 2024

This week my travels find me in Nashville, TN involved in preparations and filming for the upcoming Berkshire Hathaway HomeServices Sales Convention. As I reflect on this vibrant city, my thoughts gravitate towards one of history’s greatest leaders—Martin Luther King Jr. In honor of Martin Luther King Jr. Day, it’s a fitting moment to celebrate… The post Thoughts on Leadership: Lessons From MLK appeared first on RISMedia.

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Sales Development Industrial 106

Inman

JANUARY 18, 2024

Pacaso's senior vice president of industry relations sat down with Inman ahead of Inman Connect New York next week to share the vacation-home platform's big expansion plans for the new year.

Industrial 151

Industrial Marketing 151

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