Housing Wire

MARCH 30, 2023

Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Freddie Mac’s Primary Mortgage Market Survey showed on Thursday that the 30-year fixed-rate mortgage was 6.32% as of March 30, down 10 basis points from the previous week, mainly due to the economic uncertainty caused by bank collapses.

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Marketing Fixed-rate mortgage Banks Mortgages 525

Real Estate News

MARCH 30, 2023

In a tough year for real estate, many of the top companies and franchise brands held onto their rankings, but only a few were able to grow sales volume.

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Sales Branding 274

Housing Wire

MARCH 30, 2023

With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? Many people predicted that the U.S. housing market would crash during the pandemic. One of the main reasons for that fear was that housing credit was about to get tight, meaning fewer people could buy homes with mortgages.

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VA loan Loans Banks Mortgages 539

Keeping Current Matters

MARCH 30, 2023

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market.

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Marketing Sales 242

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Housing Wire

MARCH 30, 2023

New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage loan officers, final “docs” associates, desktop support professionals and business solutions architects, among others.

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Loan Officer Technology Mortgages Loans 417

Housing Wire

MARCH 30, 2023

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage , spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. At Wyndham, Kirby led the expansion of the lender’s branches from Charlotte, North Carolina into Arizona, Texas, Utah and Missouri.

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Loans Mortgages Loan Officer Lending 403

Real Estate News

MARCH 30, 2023

Since peaking in November, rates have been up and down — and up and down. Economists say it's hard to predict what's next, but buyers may want to act now.

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Mortgages 254

Housing Wire

MARCH 30, 2023

The Federal Housing Finance Agency (FHFA)’s Office of the Inspector General (OIG) has determined that the FHFA has followed guidance related to conservatorship of the government-sponsored enterprises (GSEs). However, staff turnover and pervasive record keeping issues have caused a loss of critical documentation, according to a new FHFA OIG report. As a result, new document retention practices should be implemented, the OIG said.

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Finance 403

Inman

MARCH 30, 2023

How did we get here, and what should we be focusing on as agents? These are the questions Jimmy Burgess posed to Keeping Current Matters' George Ratiu, chief economist, and David Childers, president.

Agents 154

Agents Finance Marketing 154

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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NAR: Economic Outlook

MARCH 30, 2023

Pending Home Sales Rise for Third Consecutive Month February’s pending home sales pace rose modestly 0.8% last month but fell 21.1% from a year ago.

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Sales 141

Inman

MARCH 30, 2023

The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes.

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Branding Residential Brokerage 154

Eye on Housing

MARCH 30, 2023

According to the 2021 American Community Survey (ACS), 23% (or close to 2.5 million) of workers employed in construction are self-employed. This is a whole percentage point higher than the share of self employed in construction in 2019, before the pandemic rattled the labor market. Even though the Covid-19 pandemic boosted self-employment across all industries, construction self-employment rates remain significantly.

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Construction Industrial Closing Marketing 119

Inman

MARCH 30, 2023

Watch the new Inman Access classes with Jeff Lobb and Philip Hordijk to learn how and when you should be using ChatGPT and the importance of marketing and finding a niche for your business.

Marketing 160

Marketing Technology Agents 160

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Realty Biz

MARCH 30, 2023

Homes in the United States now cost over $350,000. For many people, rising home prices have served to be an obstacle. For others, they have proven to be a great investment opportunity. Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know.

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

Inman

MARCH 30, 2023

Find out how these Boca Raton natives use social media and the power of networking to create leverage and sell homes.

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Brokerage 154

Coldwell Banker

MARCH 30, 2023

Coldwell Banker Paraguay is the latest South American company to join the powerful Coldwell Banker global network The post Coldwell Banker Taps into Paraguay’s Booming Real Estate Market appeared first on Coldwell Banker Blue Matter.

Marketing 101

Marketing 101

Inman

MARCH 30, 2023

Pitt began shopping for a buyer at a $40 million asking price in January, according to reports. The home, he purchased from actress Cassandra Peterson "Elvira," was never publicly listed.

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Marketing 148

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

Maximum Exposure Real Estate

MARCH 30, 2023

How to Deal With Your Homeowners Association Many folks want to know if you can refuse to join a homeowners association or if a homeowners association can kick you out. These questions are often asked because of an unpleasant experience with an HOA. Knowing how to deal with a homeowners association is probably something most […] The post Can A Homeowners Association Kick You Out?

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Inman

MARCH 30, 2023

Agents are more open to conversations when the market gets tough because they are looking for solutions that will help them get out of pain and help them thrive for months and years to come.

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Agents Marketing 158

Maximum Exposure Real Estate

MARCH 30, 2023

Renting a Moving Truck From U-Haul Are you going to need to rent a moving truck? Are you interested in renting a U-Haul truck? If you are moving from one home to another without using one of the best professional moving companies, a U-Haul rental should be near the top of your list. They are […] The post Renting a U-Haul Truck: What You Need to Know appeared first on Maximum Real Estate Exposure.

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Inman

MARCH 30, 2023

The work doesn't end once you have a lead. Here's how to turn that possibility into profitability with a month-by-month conversion plan.

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Branding Marketing Agents 154

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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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Realtors Property Resource

MARCH 30, 2023

The most important guest who attends your open house… is your phone! That’s right, the RPR app is your secret, on-site open house weapon. The post The RPR Mobile™ app: Turn your Next Open House Into a Closed Deal appeared first on Realtors Property Resource (RPR).

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Closing 98

Inman

MARCH 30, 2023

The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million.

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Real-estate owned Mortgages Marketing 148

Broke Agent Media

MARCH 30, 2023

Whether you’re a brand new agent or you’ve been at this a while, if you’re struggling with lead generation in today’s market, you need to read this. Sometimes, you just have to take a step back and start from the beginning to see what you’re missing and what’s really hurting your engagement on social media—including your ability to get leads. If you’ve noticed your Instagram presence is doing very little (or nothing) to generate leads, start by working through this guide.

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Land Branding New Construction Agents 98

Inman

MARCH 30, 2023

Realtor.com's latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity.

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Sales Mortgages Marketing Days on market 154

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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

Broke Agent Media

MARCH 30, 2023

BAM Key Details: According to the National Association of REALTORS, pending home sales for February 2023 are up for the third consecutive month, rising 0.8% to 83.2% Three regions of the U.S. posted monthly gains, while the West declined. An index of 100 is equal to the level of sales contract activity in 2001, when NAR began tracking the data. The National Association of REALTORS® (NAR) announced a third monthly increase in its report on February pending sales , raising the Pending Home Sales

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Sales Loans Closing Commercial 98

Inman

MARCH 30, 2023

The concept of ‘home renovation’ is undergoing a transformation right now. Things that used to stop sellers in their tracks — bloated quotes, timelines without deadlines, and blind trust — are things of the past. Curbio is disrupting the industry with transparency, technology, and results.

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Renovation Technology Industrial 146

Broke Agent Media

MARCH 30, 2023

BAM Key Details: T3 released its Tech 200 for 2023—the industry’s best-in-class tech products designed to help real estate professionals streamline their businesses. This year’s Tech 200 features 199 products from 78 companies. Tech tools for real estate professionals are endless—tools that can help you streamline your business from initial contact with a new lead to closing day (and everything in between).

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Technology Brokerage Agents Design 98