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CoStar poised to acquire UK-based residential portal OnTheMarket

Housing Wire

CoStar Group , the parent company of real estate data giant CoStar , has made an offer to acquire OnThe Market , the third most visited residential property portal in the United Kingdom. The announcement bolsters the claim that CoStar is “playing for keeps in the residential real estate market.” residential rental platform.

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CoStar Group finds success through the sale of Homes.com memberships

Housing Wire

“We believe adding 3D digital twins for Homes.com will increase the leads we deliver, increase customer satisfaction, increase renewal rates, increase sales and increase site traffic further.” In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings. Florance said.

Sales 313
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Planet Home Lending adds new regional sales manager

Housing Wire

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. It’s an opportunity to align with an organization that not only values excellence and innovation in mortgage lending but also deeply invests in the growth and success of its sales professionals.

Lending 355
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DataDigest: Study shows agents are aplenty, most with few or no sales

Housing Wire

It relies on examinations of agents’ sales for five major real estate firms in each of four geographic areas; out of a sample of 2,000 agents, 100 were selected randomly from each firm in each area. To Brobeck, the fact that so many agents rely on residential sales for occasional, marginal or supplemental income is a problem.

Agents 427
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New Residential already seeing the benefits of Caliber deal

Housing Wire

Powerhouse lender/servicer New Residential Investment Corp. But the deal is already paying off, helping push the real estate investment trust’s total gain on sale margin to 1.61% in the third quarter, up from 1.31% in the second quarter. had an impressive third quarter, with reported earnings of $177.5 Become a member today.

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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said.

Sales 458
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US Mortgage Corporation taps Nino Saso to lead national sales

Housing Wire

A mortgage industry veteran with over three decades of experience, Saso was previously a divisional sales manager at Nations Lending. In his role as chief production officer, Saso will be responsible for overseeing sales on a national level.

Sales 401