Housing Wire
APRIL 20, 2023
We only have 2.6 months’ worth of housing inventory in the U.S. after coming off the single biggest home-sales crash year in history. That is where we are today in America. As expected, existing home sales fell from February to March since the previous month’s report was intense. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 million.
Real Estate News
APRIL 20, 2023
DR Horton, seen as a “heat check” for the housing industry, blew past analyst expectations with its Q2 profits and offered an encouraging take on spring.
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Housing Wire
APRIL 20, 2023
Interest rates for mortgage loans broke five straight weeks of declines caused by the bank crisis. This week, the 30-year fixed rate rebounded due to recent data indicating a still-resilient economy, the potential continuity of the Federal Reserve ’s tightening monetary policy, and pressures in the secondary market. “For the first time in over a month, mortgage rates moved up due to shifting market expectations,” Sam Khater , Freddie Mac ’s chief economist, said in a statement.
Real Estate News
APRIL 20, 2023
Home sales fell only slightly between February and March, but the year-over-year picture illustrates a more significant drop.
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Housing Wire
APRIL 20, 2023
Real estate valuation technology provider Clear Capital announced on Thursday an expansion of its partnership with CoreLogic. Through the expanded partnership, Clear Capital’s recently launched Universal Data Collection product will be available for order and fulfillment through CoreLogic’s suite of Valuation Workflow Solutions. “The key to appraisal modernization is wide-spread adoption, and alongside CoreLogic, we are expanding access to modern appraisal tools with the aim of pushing the mortg
Real Estate News
APRIL 20, 2023
Shifting market expectations have 30-year mortgage rates on the rise again, hitting 6.39% this week.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
APRIL 20, 2023
If you're planning to buy a home, an inspection is an important step in the process.
Housing Wire
APRIL 20, 2023
After posting a surprising 14.5% monthly increase in February , breaking a year long streak of declines, existing home sales were back down again in March, according to a report from the National Association of Realtors (NAR), released Thursday. Existing home sales dropped 2.4% month over month in March to a seasonally adjusted annual rate of 4.44 million.
Inman
APRIL 20, 2023
Inman assembled a list of technology companies for customizing a tech-stack, specific to those brokers who look for flexibility, best-of-breed options and quicker roll-out.
Housing Wire
APRIL 20, 2023
Distributed retail lender Guild Mortgage has picked up a top-producing team of loan officers, branch managers and back-office staff in California from rival retail shop Fairway Independent Mortgage. Guild, publicly traded and based in San Diego, added 40 employees across eight branch offices in California, the company said Thursday. John Lowe leads the new California district, and he’s brought his whole team from Fairway, including area managers Chris Owen and Joanne Hender; branch manager
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Inman
APRIL 20, 2023
Yves Jean-Baptiste bought Rapid Realty in 2018, but now says the former owner Anthony Lolli actually used the deal to pawn off a failing business.
Housing Wire
APRIL 20, 2023
The HousingWire award spotlight series highlights the individuals who have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Marketing Leaders award are now open through Friday, April 21, 2023. Click here to nominate someone you know — a client, colleague, boss or friend — it can even be you! For the past three years, the HW Marketing Leaders award has recognized elite marketing execs in housing who have pushed their businesses to the top via innovative marketing
Inman
APRIL 20, 2023
The defection of former Fairway division manager John Lowe and 40 colleagues who originated $350 million in loans last year "is equal to that of a mini acquisition.
Housing Wire
APRIL 20, 2023
The HW Marketing Leaders award celebrates the industry’s most innovative and influential marketing minds who are continuing to help their organizations grow and flourish. We reached out to previous years’ honorees to ask what advice has helped propel their careers as marketers and see what they have to say about the current housing market.
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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.
Inman
APRIL 20, 2023
Watch the new Inman Access classes now! This week's videos feature industry innovators Dominic Chan and Glennda Baker, who bring their extensive experience and insights to the table.
Sotheby's International Real Estate
APRIL 20, 2023
Betsy Akers – Atlanta Fine Homes Sotheby’s International Realty The gateway opens—and what do you see on the other side? Perhaps manicured gardens, meandering greenways, and magnificent parks. There could be verdant boulevards, vibrant arcades, and bustling boutiques. You may even find white-sand beaches, overwater bungalows, and crystal blue seas.
Inman
APRIL 20, 2023
Learn how Melissa LeGrand, owner and relocation specialist at @properties - Elleven | Christie's International Real Estate, champions authenticity and mindset in real estate to help newly licensed brokers succeed.
Marco Santarelli
APRIL 20, 2023
If you're looking for affordable housing, there are plenty of options available in the United States. In this article, we will find about the 20 cheapest states to buy a house in the US, ranked from least expensive to most expensive based on their ZHVI as of March 31, 2023. Compared to the national US home value of $334,269 as of March 31, 2023, all of these 20 states have lower ZHVIs.
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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.
Inman
APRIL 20, 2023
Existing-home sales fell 2.4 percent in March to a seasonally adjusted annual rate of 4.44 million — 22 percent lower than a year earlier, according to data released Thursday by the National Association of Realtors.
RIS Media
APRIL 20, 2023
After over a month of dips in mortgage rates, the 30-year fixed-rate average bumped up to 6.39% from 6.27% the previous week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This week’s numbers: 30-year fixed-rate mortgage averaged 6.39% as of April 20, 2023, up from last week when it averaged 6.27%.… The post After Weeks of Decline, Mortgage Rates Increase appeared first on RISMedia.
Inman
APRIL 20, 2023
The truth is, you can fight back against a challenging market, but it’s unlikely you can avoid it. Here are some actionable strategies every brokerage owner must know to protect and grow what you’ve worked so hard to build.
RIS Media
APRIL 20, 2023
The number of mortgage loans in forbearance reached 0.55% in March 2023, a month-over-month drop of 5 basis points from the previous month’s 0.60%. That’s according to the latest monthly Loan Monitoring Survey, conducted by the Mortgage Bankers Association (MBA). This drop means that a total of 275,000 homeowners are in forbearance plans. Key details… The post March Sees Decrease of Mortgage Loans In Forbearance appeared first on RISMedia.
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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.
Inman
APRIL 20, 2023
Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow.
RIS Media
APRIL 20, 2023
In February, RISMedia named more than 300 real estate professionals as 2023 Real Estate Newsmakers. Each of these individuals—separated into six categories—was either nominated by you, the RISMedia reader, or chosen by our editors. RISMedia Newsmakers also made newsworthy contributions within their own communities or the industry as a whole and have dedicated their lives… The post RISMedia’s 2023 Real Estate Newsmakers: Meet the Achievers appeared first on RISMedia.
HomeLight
APRIL 20, 2023
Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. Home inspections, earnest money, mover’s fees…the costs of buying a home in Pennsylvania can add up.
RIS Media
APRIL 20, 2023
Existing-home sales fell 2.4% to a seasonally adjusted annual rate of 4.44 million in March, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. NAR’s latest data on existing homes for March found that year-over-year, sales decreased 22%, down from 5.69 million last year. All regions posted year-over-year decreases, while month-over-month… The post Existing Home Sales Slide in March appeared first on RISMedia.
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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.
HomeLight
APRIL 20, 2023
Editor’s note: This post will help answer the question: How much are closing costs in New Jersey (NJ)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. If you’re looking to buy a home in New Jersey, you’ve probably already been saving for a down payment and determining how much house you can afford.
Bigger Pockets
APRIL 20, 2023
Depending on your investment strategy, you might be subject to different types of rental insurance. Here's what you need to know.
Fancy Pants Homes
APRIL 20, 2023
One of the biggest entertainers of the past few decades, Jim Carrey’s name is most often associated with the iconic roles he’s played over the years. From playing Stanley Ipkiss in The Mask , to Ace Ventura: Pet Detective , The Cable Guy, How the Grinch Stole Christmas , Bruce Almighty , Carrey’s name is synonymous with joy and laughter — even though his more serious roles in movies like Eternal Sunshine of the Spotless Mind earned him great critical acclaim.
RIS Media
APRIL 20, 2023
Leading Real Estate Companies of the World® paid tribute to top-performing member firms and individuals at its Awards Gala, held March 30 at Wynn Las Vegas. The Gala was the culmination of LeadingRE Conference Week, a series of specialized events that attracted nearly 2,000 participants from 25 countries. LeadingRE’s top company honor, the Diamond Award,… The post LeadingRE Celebrates Members at Annual Conference appeared first on RISMedia.
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