Housing Wire
APRIL 3, 2024
Top U.S. mortgage lender United Wholesale Mortgage (UWM) is the target of a class-action-seeking lawsuit alleging it orchestrated a scheme with mortgage brokers to apply excess fees and costs to borrowers. The wholesale lender called the accusations a “sham.” The lawsuit was filed on Tuesday in a Michigan district court by Therisa D. Escue, Billy R.
Real Estate News
APRIL 3, 2024
NAR’s annual generational trends report examines buyer and seller characteristics and dives into their needs — and how they compensate agents.
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Housing Wire
APRIL 3, 2024
Real estate listing giants Zillow and CoStar are currently embattled in a fight for listing portal supremacy. The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing portal behind Zillow. CoStar announced last month that monthly traffic at Homes.com surpassed 149 million unique visitors in February, inching closing to the 194 million unique monthly visitors that
Real Estate News
APRIL 3, 2024
The acquisition of the century-old firm and its 3,100 agents could give Compass an edge in the NOLA and greater Gulf Coast market.
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Housing Wire
APRIL 3, 2024
The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless of whether or not the seller is willing to pay the home buyer broker commission,” according to an announcement by the organization. The letter is being sent in response to a series of real estate commission lawsuits and the recent $418 million settlement by the National Association o
Real Estate News
APRIL 3, 2024
After reaching a $40 million settlement in a separate case a year ago, the brokerage faces new allegations of sending unsolicited text messages.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
APRIL 3, 2024
Buying a home this spring?
Inman
APRIL 3, 2024
Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time.
RIS Media
APRIL 3, 2024
As the housing industry celebrates New Homes Month in April, data shows that builders continue to respond to buyer preferences by constructing smaller homes to place homeownership within reach of families planning to buy a home this year. In fact, a recent National Association of Home Builders (NAHB) analysis found that new homes built in… The post Home-Buyer Preferences Shift as Affordability Challenges Remain appeared first on RISMedia.
Inman
APRIL 3, 2024
United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren't shopping around for best deals. UWM dismissed a related lawsuit as "a sham.
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Bigger Pockets
APRIL 3, 2024
Abandoned homes have become a problem in some of America's largest cities. Baltimore has come up with an interesting solution by selling off these properties for $1. What's the catch?
Inman
APRIL 3, 2024
The trash-strewn property is sandwiched between two large, multimillion-dollar mansions, and residents are concerned the mounds could negatively affect property values in the area.
Bigger Pockets
APRIL 3, 2024
Some states are seeing their highest REO increases since the 2008 recession. South Carolina saw a 51% increase, while cities like New York saw their totals increase in the commercial space. What does this mean for the housing market?
Inman
APRIL 3, 2024
The federal agency will send checks to 54,689 consumers it says were deceived by advertising and marketing claims made by the iBuyer.
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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.
Eye on Housing
APRIL 3, 2024
The two most wanted features in a home are a laundry room and a patio, according to NAHB’s latest study on buyer preferences—What Home Buyers Really Want Study*. Buyers in the study were given a list of 200+ features of the home and the community and asked to rate each one on a consistent scale.
Inman
APRIL 3, 2024
The cost of becoming a new homeowner goes well beyond down payments and monthly mortgage payments. In fact, the typical homebuyer expects to spend approximately $30,000 on home maintenance, upgrades and repairs in the coming year — an amount that equals 40 percent of the median U.S. household income ($74,580).
Bigger Pockets
APRIL 3, 2024
Why rent when you can buy? Luxury brands like Louis Vuitton and Prada have made moves to buy up huge commercial properties to convert them into flagship storefronts, with many deals totaling $200 million-plus.
Inman
APRIL 3, 2024
The bankrupt provider of coworking spaces is aiming to emerge from chapter 11 bankruptcy before June through the restructuring of hundreds of leases, company executives said Tuesday.
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.
RIS Media
APRIL 3, 2024
Compass has announced the brokerage will be expanding its nationwide footprint through the acquisition of Latter & Blum, an historic 100+-year-old real estate giant with more than 3,000 agents and 32 offices across the Gulf Coast region of Texas, Louisiana, Mississippi and Alabama. The move brings Compass into New Orleans and the broader Louisiana and… The post Compass Acquires Historic Gulf Coast Giant Latter & Blum appeared first on RISMedia.
Inman
APRIL 3, 2024
Brokerage leaders told Intel their faith in improving capital conditions is still alive but weakening. What happens next remains an open question with high stakes for the real estate industry.
RIS Media
APRIL 3, 2024
As I sat in my family room Monday night, eagerly watching the NCAA Tournament second-round game between No. 1 seed Iowa and No. 8 seed West Virginia, I couldn’t help but feel a surge of emotion. There was a lot on the line as Caitlin Clark took the floor at Carver-Hawkeye Arena one final time.… The post Thoughts on Leadership: The Caitlin Clark Effect appeared first on RISMedia.
Inman
APRIL 3, 2024
Purchase loan applications have been flat for two consecutive weeks, and now mortgage rates are popping again as more worrisome inflation data rolls in.
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.
Seattle Times Real Estate
APRIL 3, 2024
More new homes in the Seattle area are hitting the market for sale, but buyers are still struggling to juggle slim supply, high prices and high interest rates.
Inman
APRIL 3, 2024
The mansion marks the Amazon founder's third such purchase on Indian Creek Island, an exclusive enclave in Miami with limited availability.
HomeLight
APRIL 3, 2024
Changing your name often reflects a big change in your life. Whether you’re celebrating a marriage, finalizing a divorce, dealing with the estate of a loved one, or embracing a fresh start, knowing how to change your name on a deed can help you move forward. Perhaps this need has arisen as you’re preparing to sell your home , and a discrepancy in the deed’s name has come to light.
Inman
APRIL 3, 2024
We want to gauge your attitude and the feelings of your friends and colleagues, so tell us: If you had to use one word to describe agent sentiment right now, what would it be?
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
BubbleInfo
APRIL 3, 2024
In January, 30% of the NSDCC sales offered less than a 2.5% commission to the buyer-agents, and in February it was 25%. Since the NAR settlement was announced on March 15th, 40% of the listings are offering less than a 2.5% commission to the buyer-agents. There isn’t a new rule that directed listing agents to […] The post Reducing Commissions first appeared on bubbleinfo.com.
Inman
APRIL 3, 2024
New laws enacted to prevent the use of Non-Title Recorded Agreements for Personal Services — or NTRAPs — are sweeping the nation as critics decry alleged deceptive and predatory practices.
Brownstoner
APRIL 3, 2024
Going by the handful of listing photos, this Windsor Terrace row house appears to have been well cared for over the decades, with gleaming wood floors and attractive stone mantels. At 139 Windsor Place, it is also just a short stroll from Prospect Park. The house sits within the proposed,… Read More > The post Windsor Terrace Row House With Wood Floors, Four Mantels Asks $2.195 Million appeared first on Brownstoner.
Inman
APRIL 3, 2024
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied.
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.
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