Housing Wire

FEBRUARY 28, 2024

Rocket Companies will soon shut down Rocket Pro Originate , a mortgage origination platform for real estate agents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages. According to a copy of an email sent to affected originators this week and reviewed by HousingWire, the Rocket Pro Originate platform — part of the company’s third-party origination channel — is to be sunset by the end of June.

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Agents Loans Mortgages Closing 505

Keeping Current Matters

FEBRUARY 29, 2024

If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows.

Marketing 273

Marketing 273

Inman

FEBRUARY 28, 2024

Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin's latest housing report. The total value of 90 million U.S. homes rose from $45.1 trillion in December 2022 to $47.5 trillion in December 2023 — a 5.3 percent annual difference.

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Marketing Sales 173

Real Estate News

FEBRUARY 27, 2024

Keller Williams’ charismatic co-founder kicked off the Family Reunion event with his hot takes on the housing market “winter” and how to get through it.

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Agents Marketing 345

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Housing Wire

FEBRUARY 26, 2024

The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties. The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. The average cost of a policy increased 40% in 2023 alone, according to a report by Redfin.

Inspection 481

Inspection Renovation Development Sales 481

Keeping Current Matters

FEBRUARY 26, 2024

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment.

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Real Estate News

FEBRUARY 26, 2024

Sales of new homes rose in January and inventory remained robust. Median prices were up even as some builders continue to offer buyer incentives.

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Sales 297

Housing Wire

FEBRUARY 27, 2024

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) this week announced the awarding of more than $14.5 million that will be distributed by public housing agencies (PHAs) across the country in an effort to house veterans. The funds will be distributed by the PHAs through more than 1,400 HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers.

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Development 470

Keeping Current Matters

FEBRUARY 27, 2024

Wondering if it still makes sense to sell your house right now?

Marketing 283

Marketing 283

Inman

FEBRUARY 26, 2024

Discover Offerpad, founded by a former agent with firsthand experience, providing innovative and customized solutions for sellers and buyers nationwide for fast, convenient real estate transactions.

Agents 180

Agents 180

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

Real Estate News

MARCH 1, 2024

C21 President and CEO Mike Miedler says growth is more than numbers, it’s creating opportunities for the future — and being “ready, willing and able to grow.

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Housing Wire

FEBRUARY 29, 2024

Mortgage rates continued to trend up this week and dampen homebuyer momentum. The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, an increase from last week ’s figure of 6.90%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 6.26% this week, down from 6.29% during the prior week.

Mortgages 466

Mortgages Fixed-rate mortgage New Construction Construction 466

Calculated Risk Real Estate

FEBRUARY 28, 2024

This is no surprise, but still a very large monthly increase in the delinquency rate. The multifamily rate increased recently as rent growth has slowed (and rents are falling in some areas), vacancy rates have increased, and borrowing rates have increased sharply. Freddie Mac reports that the multi-family serious delinquency rate increased sharply in January to 0.44% from 0.28% in December, and up from 0.12% in January 2023.

As-is 142

As-is Marketing 142

Inman

FEBRUARY 29, 2024

Fannie and Freddie's federal regulator wants lenders to synchronize adoption of bi-merge credit reporting with more inclusive FICO Score 10T and VantageScore 4.0 scoring models.

Mortgages 173

Mortgages 173

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Real Estate News

FEBRUARY 28, 2024

A new Realtor.com report found that the housing supply gap has grown considerably over the past decade as household formation has outpaced home construction.

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Marketing Construction 277

Housing Wire

MARCH 1, 2024

By and large, homeowners who are 60 and older love where they live and have a preference to age in place. They may also see the equity in their homes as a “financial reserve” and are generally confident in their retirement plans, but they are far less interested in employing their home equity in retirement. This is according to Doug Duncan, chief economist at Fannie Mae , in a new blog post that explores the homeownership patterns of older Americans.

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Equity Mortgages As-is 459

RIS Media

FEBRUARY 26, 2024

Divorce is not just an emotional upheaval but also a time of significant financial and legal decisions. It’s especially true when it comes to shared housing. The marital home is often more than just an asset. It’s a repository of memories and dreams. Deciding what to do with it during a divorce can be particularly… The post Navigating House Options During a Divorce appeared first on RISMedia.

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Industrial Agents 136

Inman

MARCH 1, 2024

Worries about commercial real estate are making jumbo mortgages costlier, since regional banks are a major provider of loans that are too big for Fannie Mae and Freddie Mac.

Banks 176

Banks Commercial Loans Mortgages 176

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

Real Estate News

FEBRUARY 27, 2024

The plaintiff, who paid a 2% commission, argues in the filing that “a truly competitive rate for buyers’ agents would in fact be 0%.

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Agents 264

Housing Wire

FEBRUARY 29, 2024

Real estate agents gathered at the Palladium Theater in New York City’s Times Square on Thursday to learn networking and lead generation strategies from some of the nation’s top luxury real estate agents at the Goldbar Live conference. While every real estate professional had their own nuggets of advice to share, one overarching theme was agents’ belief in manifesting their success.

Agents 434

Agents Marketing Staging Brokerage 434

Brownstoner

FEBRUARY 28, 2024

One of the first community newspapers I acquired came with three vaults in the office. I was given the combination for each, but no longer had use for them. The vaults had been used to store the revenue collected from sales of newspapers at newsstands and subscriptions, but that was no… Read More > The post A letter from the publisher: What value do you place on local news in your neighborhood?

Sales 133

Sales 133

Inman

MARCH 1, 2024

In December, a Pulsenomics panel of more than 100 housing experts expected homes to appreciate by 2.4 percent in 2024. Now they're predicting prices will go up by 3.8 percent.

Mortgages 173

Mortgages Marketing 173

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

Maximum Exposure Real Estate

FEBRUARY 25, 2024

Do you know what fixes to make before selling your house? If not, you’ve come to the right place! It is easy to miss a lot of the wear and tear that has happened to your house over the years. But when you start thinking about selling, the state of your home becomes much more […] The post What to Fix When Selling a Home appeared first on Maximum Real Estate Exposure.

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Marketing 129

Housing Wire

FEBRUARY 27, 2024

An update on loanDepot ’s January cyberattack shows that a higher number of individuals were affected than previously disclosed, while tens of millions of dollars in additional expenses will be added to the company’s first-quarter earnings results. On Tuesday morning, the top 15 U.S. mortgage lender announced that it will notify 16.9 million individuals whose sensitive personal information was impacted by the cyber incident. loanDepot will offer credit monitoring and identity protection services

Mortgages 435

Mortgages Industrial Marketing Technology 435

RIS Media

FEBRUARY 29, 2024

In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits. These credits can play a significant role in shaping a real estate deal’s final… The post What Are Seller Credits in Real Estate: The Assistance Buyers Need appeared first on RISMedia.

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Seller concession Closing costs Closing As-is 124

Inman

FEBRUARY 27, 2024

California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court.

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Agents MLS Brokerage 176

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Agents

National Association of Realtors: Culture Scan

FEBRUARY 26, 2024

A ‘Prime’ Listing: The House Where Amazon Was Born The listing agents have preserved the history of the property where Jeff Bezos invented his trillion-dollar company.

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Residential Agents 128

Housing Wire

MARCH 1, 2024

Mortgage trade groups have commended the moves taken by the Federal Housing Finance Agency (FHFA) and the government-sponsored enterprises (GSEs) to address a spike in loan buybacks — the latest being a new electronic notification made available by Fannie Mae. But advocates also say more is needed to improve the loan repurchase process. On Feb. 24, Fannie Mae announced the addition of a “notice of potential defect” functionality to the latest version of its system Loan Quality Connect.

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Loans Mortgages Construction Finance 427

RIS Media

FEBRUARY 28, 2024

Above, RE/MAX’s Carly Carey Imagine you could start a team in 2024 with every possible advantage: access to the best real estate coaches and business leaders across the entire globe; a database of 10,000-plus recently captured leads with hundreds more added every month; the best website, marketing and CRM technology available; a full-time staff of… The post Building a Luxury Brand From Scratch appeared first on RISMedia.

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Branding Technology Marketing Development 124

Inman

FEBRUARY 26, 2024

Ahead of his first Family Reunion since returning to Keller Williams as CEO, Mark Willis shared his excitement with Inman — and his call for a return to the basics amid a housing market in flux.

Marketing 179

Marketing Brokerage 179

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.

Sales