Keeping Current Matters

DECEMBER 14, 2023

Has your house been sitting on the market a while without selling?

Marketing 250

Marketing 250

Housing Wire

DECEMBER 14, 2023

The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year, fixed mortgage rate averaged 6.95% for the week ending Dec. 14, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down from last week’s 7.03% and up from 6.31% the same week a year ago.

Mortgages 485

Mortgages Fixed-rate mortgage Loan Officer MLS 485

Real Estate News

DECEMBER 14, 2023

Laura Ellis, Baird & Warner’s strategy leader, believes changes spurred by Sitzer/Burnett will be “good for the serious, competent real estate professional.

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Housing Wire

DECEMBER 14, 2023

Texas-based lender Thrive Mortgage plans to merge with digital multichannel rival Lower , which will create a unified lender with more than 650 loan officers and 120 active branches across the country. Financial details of the merger, which is expected to close in the first quarter of 2024, were not disclosed. Over the last 12 months, Thrive has originated about $1.42 billion while Columbus, Ohio-based Lower has originated $1.88 billion during the same time period, according to mortgage recruiti

Mortgages 427

Mortgages Loan Officer Banks Finance 427

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Agents

Real Estate News

DECEMBER 14, 2023

The seventh straight week of mortgage interest declines has led to more holiday season homebuying activity.

Marketing 279

Marketing Mortgages 279

Housing Wire

DECEMBER 14, 2023

In 2023, Fannie Mae and Freddie Mac announced plans to make it easier to buy a home and close the racial homeownership gap in the United States. Homeownership is one of the most important decisions in a person’s life and is a primary vehicle for wealth creation for the majority of households. In fact, our most recent analysis of the benefits of wealth creation from homeownership shows that for families in the bottom 20% of the income distribution, the median net worth of home-owning households w

Title 426

Title Closing costs Loans Title search 426

Housing Wire

DECEMBER 14, 2023

Mortgage industry trade group Community Home Lenders of America (CHLA) is urging government agencies to begin to have conversations surrounding the impact of the jury verdict and potential court ruling in the Sitzer/Burnett commission lawsuit on lending practices. In a letter submitted Thursday to Federal Housing Finance Agency Director Sandra Thompson , Federal Housing Administration Commissioner Julia Gordon , Rural Housing Service Administrator Joaquin Altoro, and Department of Veterans Affai

Lending 418

Lending Mortgages VA loan Finance 418

Inman

DECEMBER 14, 2023

Luxury agent and new Inman contributor Tamer Howard shares a case study that's filled with strategies for getting that struggling listing sold for top dollar.

Agents 187

Agents 187

Housing Wire

DECEMBER 14, 2023

New York State’s largest multiple listing service just got larger. OneKey MLS has acquired Mid-Hudson MLS according to an announcement on Monday, growing its membership to nearly 50,000 agents. The Poughkeepsie-based Mid-Hudson MLS is a broker-owned MLS serving over 1,400 agents in Dutchess County and the Mid-Hudson Valley area. Founded in 2018 and owned by Long Island Board of Realtors and the Hudson Gateway Association of Realtors , OneKey MLS already serves agents in New York (Manhattan), Suf

MLS 407

MLS Agents Industrial Closing 407

Inman

DECEMBER 14, 2023

At its heart, the company is a brokerage, but with twice the number of coders and designers than advisers, it's more of a "technology company" than Keller Williams and Compass.

Brokerage 170

Brokerage Technology Design Agents 170

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

Housing Wire

DECEMBER 14, 2023

We’ve all experienced that liberating feeling when you confront a serious issue with an honest and open conversation. It’s like a weight lifted off your shoulders, right? Well, those are the types of conversations many agents are looking for right now, underscoring why your words post- commission lawsuit are more important than ever. Crafting a content and communication strategy that genuinely acknowledges their insecurities can pave the way for substantial agent recruitment and business g

Branding 402

Branding Agents Brokerage Industrial 402

Inman

DECEMBER 14, 2023

Whether you're looking to appeal to buyers or sellers, Jimmy Burgess offers a range of paid, low-cost and no-cost lead generation activities that are working now.

Agents 176

Agents Marketing 176

Housing Wire

DECEMBER 14, 2023

The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024. The organization announced its board of directors’ election results, as well as director and executive committee appointments in a release on Thursday. Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants.

MLS 402

MLS Technology Principal Industrial 402

Inman

DECEMBER 14, 2023

Find out how this former NFL player applied his work ethic to building an award-winning, billion-dollar brokerage in just five years.

Brokerage 192

Brokerage 192

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Sales

Housing Wire

DECEMBER 14, 2023

In an update to its selling guide , Fannie Mae announced Wednesday that it was expanding the use of attorney opinion letters in lieu of title insurance. Previously, the only transactions ineligible for an AOL were those that involve loans secured by a unit in a condo project, co-op share loans, loans secured by a dwelling on a leasehold estate, including leasehold estates on property owned by a community land trust, loans secured by a manufactured home, HomeStyle Energy and HomeStyle Renovation

Title 389

Title Land Finance Loans 389

Inman

DECEMBER 14, 2023

The new suit is the second in Texas since the Sitzer | Burnett verdict, and is one of a growing number of antitrust cases challenging the way agents get paid.

Agents 170

Agents Brokerage Industrial 170

Housing Wire

DECEMBER 14, 2023

Texas-based mortgage platform Stairs Financial launched on Thursday after completing a $3.5 million funding round. With first-time buyers accounting for just 26% of all home purchases in 2022 — a 41-year low — the mortgage market place aims to help first-time homebuyers with the right program and mortgage products. “Thousands of down payment assistance and credit programs have sprung up to help first-time homebuyers overcome the challenges, but these home-buying options are hard for homebuyers t

Equity 364

Equity Technology Mortgages Banks 364

Inman

DECEMBER 14, 2023

Parent company of Veritex Community Bank, which paid $54.9 million to acquire a 49 percent interest in Thrive Mortgage in 2021, expects a $25 million to $30 million loss if the deal closes.

Banks 160

Banks Mortgages Closing Loans 160

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.

Agents

RIS Media

DECEMBER 14, 2023

Closing on a house culminates weeks or months of house hunting, negotiations, and paperwork. It’s an exciting but often complex process involving several key players, numerous documents, and meticulous steps. You will learn what is required to close a house and the items needed for a home closing. Closing on a house isn’t rocket science,… The post What is Needed to Close on a House appeared first on RISMedia.

Closing 134

Closing Sales Development Industrial 134

Inman

DECEMBER 14, 2023

Miami saw an average of 22 renters compete for every available apartment in 2023, compared to a national average of just nine, according to a new report released earlier this week from RentCafe.

Marketing 157

Marketing 157

RIS Media

DECEMBER 14, 2023

The 30-year fixed-rate mortgage (FRM) decreased for the seventh straight week, from last week’s average of 7.03% to an average of 6.95% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 6.95%, down from last week when it averaged 7.03%.

Fixed-rate mortgage 125

Fixed-rate mortgage Mortgages Marketing Industrial 125

Inman

DECEMBER 14, 2023

According to broker Joseph Santini, buyer agreements are good for buyers and good for buyer agents. Find out more about these valuable tools and how to get them signed.

Agents 153

Agents 153

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.

Agents

Calculated Risk Real Estate

DECEMBER 14, 2023

Yesterday, the Federal Open Market Committee ( FOMC) “decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent”, but the statement and projections suggested multiple rate cuts in 2024. Following the FOMC meeting, Goldman Sachs economists wrote: The soft PPI report on Tuesday morning combined with downward revisions to prior months implies that core PCE inflation was only 0.07% month-on-month and—as Chair Powell noted in the press conference̵

Mortgages 117

Mortgages As-is Marketing 117

Inman

DECEMBER 14, 2023

Alternative brokerage model Prevu secured $6 million in a Series A round of funding to continue providing its “Carvana-like,” technology-first brokerage service.

Land 154

Land Closing Brokerage Technology 154

Seattle Times Real Estate

DECEMBER 14, 2023

In nine King County census tracts — most of them on the Eastside — the median household income exceeded $250,000 in the latest census data, writes FYI Guy.

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128

Inman

DECEMBER 14, 2023

Plunk President and co-founder David Bluhm said a number of issues led to the decision, which included the release of three employees to date and the possibility of more.

Industrial 145

Industrial Technology 145

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Agents

RIS Media

DECEMBER 14, 2023

Despite broker sentiment hitting a yearly low in November—at exactly the same time as it did last year—there are larger signs of positive changes in the housing market, according to RISMedia’s latest Broker Confidence Index (BCI) survey of real estate business leaders. While the overall BCI reading fell from 6.1 to 5.8, a not-insignificant number… The post Many Brokers See ‘Flip’ to Buyer’s Market in 2024 appeared first on RISMedia.

Marketing 115

Marketing MLS Industrial Mortgages 115

Inman

DECEMBER 14, 2023

The acquisition of OnTheMarket, a major portal in the U.K., comes as CoStar continues to push further and further into the residential space.

Residential 161

Residential Technology Industrial 161

RIS Media

DECEMBER 14, 2023

A total of 32,120 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in November, down 7% from a month ago but up 5% from a year ago, according to a new report from ATTOM. ATTOM’s Foreclosure Market Report for November found that 4,347 housing units had a foreclosure filing. In addition, states with the… The post Foreclosure Activity Sees Decline in November appeared first on RISMedia.

Banks 116

Banks Marketing Industrial Mortgages 116

Inman

DECEMBER 14, 2023

Learn how this Nashville team focuses on relationship-building and how it's paying dividends as they grow their impact.

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161

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.

Sales