Real Estate News

FEBRUARY 27, 2023

NAR's monthly report found that as mortgage rates declined in January, pending home sales moved upward.

Sales 279

Sales Mortgages 279

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Here is a quick rundown from last week: Purchase applications fell 18% week to week and hit levels not seen since 1995.

Marketing 475

Marketing Mortgages Days on market Sales 475

Real Estate News

FEBRUARY 27, 2023

At the National Association of Realtors, CEO Bob Goldberg champions the needs and interests of members that number 1.5 million.

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264

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). After posting a 2.5% month-over-month increase in December , the Pending Home Sales Index rose 8.1% month over month in January to a reading of 82.5.

Sales 459

Sales Fixed-rate mortgage MLS Land 459

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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

Keeping Current Matters

FEBRUARY 27, 2023

One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability.

Marketing 262

Marketing 262

Housing Wire

FEBRUARY 27, 2023

Successful negotiation begins within. It may seem surprising, yet this is what we’ve found true in our experience at the junction between financial services and technology. The first step in securing the best outcome for yourself, your enterprise and the people you serve is to not talk yourself out of things. Yes, it might seem subtle, but it can be a challenge for most to see the limitations they impose on the conversations they conduct despite their negative impact on negotiating positive outc

Banks 432

Banks Finance Technology Mortgages 432

Housing Wire

FEBRUARY 27, 2023

Any mortgage lender will tell you that clear and rapid borrower communication is critical to effective customer care. Homebuyers think about their purchase journey 24/7, and any delay in communication tends to leave the borrower worried that something has gone wrong or that they are missing some key piece of information. Homebuyers have seemingly countless tasks and responsibilities in the process of purchasing a home and obtaining a mortgage.

Mortgages 415

Mortgages Loan Officer Loans Sales 415

Inman

FEBRUARY 27, 2023

The news follows Bonner's recent decision just days earlier to merge the roughly 40-person RE/MAX Capital Realty, of which she was formerly broker-owner, with RE/MAX Alliance Group.

Brokerage 167

Brokerage Agents 167

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. The CFPB issued the initial agency order against RMK for, among other things, sending advertisements to military families that led the recipients to believe the company was affiliated with the U.S. go

Lending 397

Lending Industrial Mortgages Loans 397

Inman

FEBRUARY 27, 2023

Following lawsuits in Pennsylvania, Massachusetts, Florida and Ohio, the brokerage is redrafting 40-year contracts that offer homeowners cash in exchange for exclusive rights to list their home.

Brokerage 167

Brokerage 167

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

FEBRUARY 27, 2023

Mortgage lender CRM and marketing automation solutions provider Insellerate has launched a new third party origination (TPO) solution for wholesale lenders, the company announced on Monday during ICE Experience. Insellerate TPO will provide account executive workflows, marketing content, pipeline management at the company and individual broker levels and other services, according to a statement from the company.

Loan Officer 397

Loan Officer Loans Lending Mortgages 397

Inman

FEBRUARY 27, 2023

Between February 2020 and January 2023, Black homeowners saw their homes' values increase by 42.5 percent compared to 38.5 percent for U.S. home values overall.

Marketing 167

Marketing 167

Eye on Housing

FEBRUARY 27, 2023

Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that the multifamily market continues to have high demand with apartment completions reaching their highest level since the third quarter of 2021. The absorption rate of new condominiums reached 82.0%, the best rate since the third quarter of 2013.

Marketing 116

Marketing 116

Inman

FEBRUARY 27, 2023

The Federal Trade Commission is not convinced that Black Knight's plans to spin off its Empower loan origination system allays antitrust concerns, "Politico" reports.

Loans 167

Loans Technology Mortgages 167

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Brokerage

NAR: Economic Outlook

FEBRUARY 27, 2023

Pending Home Sales Rise for Second Straight Month January 2023's pending home sales pace increased 8.1% last month but fell 24.1% from a year ago.

Sales 111

Sales 111

Inman

FEBRUARY 27, 2023

By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship.

Mortgages 167

Mortgages Finance 167

The American Genius for Real Estate

FEBRUARY 27, 2023

"It all comes down to that respect for the people who’ve dedicated their lives to serve this country." - Military Relocation Professional Certification instructor, Ginni.

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105

Inman

FEBRUARY 27, 2023

The latest report from the Real Estate Board of New York finds Class A office buildings have higher occupancy rates.

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166

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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.

Agents

HomeLight

FEBRUARY 27, 2023

If you’re financing the purchase of a home in Indiana, your lender will typically order an appraisal to determine the property’s current value. You might also need an appraisal if you want to refinance to get a better interest rate or cash out some equity. Or you may be considering selling your Indiana home and want a pre-listing appraisal to assess its value and help determine your asking price.

Equity 105

Equity Agents Construction Banks 105

Inman

FEBRUARY 27, 2023

The new firm, co-owned and operated by Tim Ross and Joyce Wright Funk, is based in the Hanalei district. Wright Funk's appointment marks the first time a BHGRE affiliate has had a Black female owner.

Brokerage 166

Brokerage 166

Realty Biz

FEBRUARY 27, 2023

One of President Joe Biden’s primary campaign promises was to do whatever it took to make it more affordable for first-time buyers to purchase homes. To a significant degree, he’s been striving to keep those promises. Here’s what you should know about how the Biden Administration plans to make homeownership more affordable for Americans during the housing crisis.

Lending 101

Lending Equity Finance Mortgages 101

Inman

FEBRUARY 27, 2023

New API integration allows lenders to generate tailored marketing materials that include rate, monthly payment and APR based on unique borrower details.

Marketing 158

Marketing Technology Mortgages 158

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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

Bigger Pockets

FEBRUARY 27, 2023

There are few real estate markets with as many attractive cities as California.

Technology 101

Technology Marketing 101

Inman

FEBRUARY 27, 2023

In today’s global business landscape, taking the right name in real estate — and all that comes with it — can make all the competitive difference.

Branding 148

Branding Brokerage 148

Realty Biz

FEBRUARY 27, 2023

Searching for a home over the last few years has been challenging. With so few homes for sale, buyers were often caught in bidding wars to land their dream homes. One of the challenges in this environment has been buyers purchasing homes that are sold as-is. In a seller's market, buyers often purchase homes that have warts. The home inspection is often skipped , leading to problems not being discovered until buyers move into the property.

Inspection 99

Inspection Renovation Construction Land 99

Inman

FEBRUARY 27, 2023

The Pending Home Sales Index jumped 8.1 percent to a reading of 82.5 in January, before mortgage rates began another climb, according to data released Monday by the National Association of Realtors.

Sales 148

Sales Mortgages Marketing 148

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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

Maximum Exposure Real Estate

FEBRUARY 27, 2023

What is a Good Score For Credit? Do you know what a good credit score is? How about the highest credit score possible? Over the years of working as a real estate agent, lots of people have asked me what the best credit score I can get is. A good credit score is vital when […] The post What is a Good Credit Score? appeared first on Maximum Real Estate Exposure.

Agents 98

Agents As-is 98

Inman

FEBRUARY 27, 2023

Knowing these trends and being able to discuss them with buyers and sellers will give Realtors a distinct advantage. Suggesting modern features to sellers to add to their homes before listing existing properties will also give agents additional power.

Agents 148

Agents Design Marketing 148

Marco Santarelli

FEBRUARY 27, 2023

Report on Vancouver, WA Housing Market Trends in 2023 The Vancouver, WA housing market has shown positive trends in 2023, with the median listing home price in January 2023 is $489K, which is a 2.9% increase compared to the previous year. The median listing home price per square foot was $278, indicating that the cost of living space has also gone up.

Marketing 98

Marketing Investor Sales Finance 98

Inman

FEBRUARY 27, 2023

RE/MAX is hosting its annual R4 conference in Las Vegas Sunday through Wednesday. Here are the sessions, speakers and events — including a performance from Maroon 5 — you can't miss.

Brokerage 147

Brokerage Agents 147

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