Keeping Current Matters

APRIL 18, 2023

In the United States, there are over 72 million millennials.

258

258

Housing Wire

APRIL 18, 2023

What is the best news for mortgage rates long-term? It’s getting more supply of apartments! The best way to fight inflation is always by adding more supply; if your goal is to destroy inflation by killing demand, that is only a temporary fix. Housing inflation post-2020 was one for the record books, not only because home prices accelerated in such a short time, but more importantly for the inflation data, rents took off, something that didn’t happen during the housing bubble years.

Mortgages 521

Mortgages Construction As-is Banks 521

Real Estate News

APRIL 18, 2023

The industry’s leading iBuyer continues its struggle against housing industry headwinds, cutting about 560 employees, mostly in operations.

Industrial 279

Industrial 279

Housing Wire

APRIL 18, 2023

Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau , and the last decade has resulted in a significant uptick in low-income homeowners’ home values. Between 2012 and 2022, the nationwide median value of homes owned by low-income households (households earning no more than 80% of metro area’s median income) rose 75%, or $98,910.

Equity 435

Equity Finance 435

Advertisement

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Real Estate News

APRIL 18, 2023

A recent NAR report found that while homeowners have generated significant wealth via appreciation, gains were uneven across income levels and ethnic groups.

272

272

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Most feel this way because they don’t understand the process, what they are paying for or what is expected of them.” However, there is an opportunity in the closing process for better integration between platforms to improve communication and sharing of documents between the brokerage, lender and closing company, each of which has its

Closing 382

Closing Title Loan Officer Technology 382

Housing Wire

APRIL 18, 2023

While a mortgage business’ battle against margin compression is seemingly endless, that fight is less noticeable in times of surging revenue. This year, thus far, has been anything but that. The decline in mortgage volume, along with increasing rates and uncertainty about the months ahead, have amounted to a scramble for revenue and a continual push to reduce expenses.

Mortgages 370

Mortgages Technology Closing costs Title 370

Real Estate News

APRIL 18, 2023

Constellation1 to support E&V websites; Elm Street providing marketing tools to Weichert; Restb.ai partners with Black Knight; LandOnEarth harnesses ChatGPT.

Marketing 263

Marketing 263

Housing Wire

APRIL 18, 2023

When it comes to housing starts, homebuilders are back on a rollercoaster ride. After pulling back at the start of the year , homebuilders jumped back in during February before pulling back again in March. Homes were started at an estimated annual pace of 1.42 million in March, down 0.8% month over month, according to a report released Tuesday by the U.S.

Construction 370

Construction MLS New Construction Finance 370

Inman

APRIL 18, 2023

In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles.

Sales 218

Sales Technology Industrial 218

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. The firm is growing rapidly to offer instant repair estimates and scale through process automation. Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm.

Inspection 369

Inspection Technology Investor Development 369

Inman

APRIL 18, 2023

Rezora will leverage artificial intelligence to personalize email based on client segmentation and property interests, as well as enhance listing narratives, according to an announcement.

Marketing 167

Marketing Technology 167

Housing Wire

APRIL 18, 2023

Introducing Inside Voices with Kristin Messerli, a new interview video series hosting by Messerli, who’s research on NextGen homebuyers helps to inform tomorrow’s generation. She is also author of NextGen Homebuyer Research and a speaker and educator. Today, she interviews Yanely Espinal, the Education Outreach Director for NextGen Personal Finance.

Finance 368

Finance Loans Branding Banks 368

Inman

APRIL 18, 2023

Proptech will continue to transform real estate across the rental, operational and residential journey, particularly as we develop more creative ways to deploy it.

Residential 166

Residential Development Technology Agents 166

Advertisement

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

APRIL 18, 2023

Higher interest rates pushed up profits for Bank of America (BofA) in the first quarter of 2023, but much like its depository peers, JP Morgan Chase and Wells Fargo , the mortgage business dropped by double-digits during this period. The bank posted a net income of $8.2 billion from January to March, rising 15.5% quarter over quarter and climbing from $7.1 billion during the same quarter last year.

Banks 367

Banks Mortgages Equity Commercial 367

Inman

APRIL 18, 2023

People do business with people they know, like and trust. So be that person, and you’ll watch your business soar.

Agents 158

Agents 158

Housing Wire

APRIL 18, 2023

In a cyclical mortgage industry, hedging is key to maintaining a buffer against losses. For New American Funding (NAF), the country’s 33rd-largest mortgage lender , hedging is how the company was able to manage through the troughs of the mortgage business cycle, Rick Arvielo, co-founder and CEO of NAF, said in an interview with HousingWire. “We’re always looking for hedges,” Arvielo said.

Loan Officer 365

Loan Officer Loans Pre-approval Mortgages 365

Inman

APRIL 18, 2023

No metro in the U.S. held enough vouchers to meet soaring demand, with Miami and other cities in Florida standing out for disparities between available vouchers and renters who need them.

Development 158

Development 158

Advertisement

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.

Agents

Housing Wire

APRIL 18, 2023

MISMO , the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association , plans to launch a working group that will create standards for Electronic Home Equity Lines of Credit (eHELOC). The launch of the working group comes at a time when HELOC s are an increasingly popular choice for homeowners who want to tap into their home’s rising equity while protecting their existing low mortgage rates.

Equity 353

Equity Lending Finance Loans 353

Inman

APRIL 18, 2023

Builders pushed forward with more new single-family projects for the second month in a row, but remained far less active than last year, according to data released Tuesday by the U.S. Census Bureau.

Construction 158

Construction Residential Marketing 158

RIS Media

APRIL 18, 2023

A condo or townhouse might be better if a single-family home isn’t right for you. But it can be difficult to decide if you are weighing up the choice of condo vs. townhouse. We will examine the differences between condos and townhouses to make your choice easier. You may find that either housing choice works.… The post Comparing a Condo to a Townhouse: What You Need to Know appeared first on RISMedia.

Industrial 125

Industrial Agents 125

Inman

APRIL 18, 2023

Strategic marketing consultant Chrissie Rivers shared five reasons property managers might use artificial intelligence for managing properties. Then we asked ChatGPT for management advice.

Property Management 158

Property Management Marketing 158

Advertisement

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

RIS Media

APRIL 18, 2023

Do you struggle with waking up early? Many people do. But waking up early is good advice, especially useful for those in the business of selling real estate. A broker or team leader’s challenge doesn’t end with finding the motivation to be an early riser, though–they have to set an example to inspire their agents… The post Team Tactics: 5 Ways Being an Early Riser Can Help Grow Your Business appeared first on RISMedia.

Agents 120

Agents Industrial 120

Inman

APRIL 18, 2023

Join Inman Access to watch Nancy Almodovar share her marketing and branding tips to communicate your unique value proposition, elevate your business and take on the luxury market.

Marketing 158

Marketing Branding Agents 158

Eye on Housing

APRIL 18, 2023

Single-family production showed signs of a gradual upturn in March as stabilizing mortgage rates and limited existing inventory helped to offset stubbornly high construction costs, building labor shortages and tightening credit conditions. This is reflected in the slight uptick in builder sentiment in April. Overall housing starts in March decreased 0.8% to a seasonally adjusted annual rate of 1.

Construction 119

Construction Mortgages As-is 119

Inman

APRIL 18, 2023

The mortgage giant's quarterly Home Price Index shows national home prices were up 1 percent during the first quarter of 2023 compared to the final three months of 2022.

Mortgages 148

Mortgages Marketing 148

Advertisement

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

RIS Media

APRIL 18, 2023

Making a lowball offer for a house is a time-worn strategy employed by buyers with lots of patience. They figure there’s no harm in trying, hoping to catch a potential seller at just the right moment, when for whatever reason they want to cash out fast. And yet, when the same approach is utilized by… The post The ‘All-Cash As-Is!’ Offer Postcard: Con, Legit or Somewhere in Between?

As-is 116

As-is Sales Industrial Agents 116

Inman

APRIL 18, 2023

Sahil Kapoor will lead the new office, which is based in Delhi. The expansion comes amid a significant international push for Keller Williams, according to the company.

Brokerage 148

Brokerage Industrial 148

Eye on Housing

APRIL 18, 2023

According to the latest Employment Situation of Veterans report released by the U.S. Bureau of Labor Statistics, the share of employed veterans working in the construction industry increased to 6.5% in 2022–the second consecutive annual increase. The share has climbed 0.6 percentage point since 2020 and is just one-tenth lower than the most recent peak reached in 2019.

Construction 116

Construction Industrial 116

Inman

APRIL 18, 2023

A "penthouse" title alone isn't enough to get a seller top dollar anymore, according to a new report obtained exclusively by Inman from Jim St. André at Compass. Other factors play a key role, too.

Title 148

Title Marketing 148

Advertisement

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.

Brokerage