Real Estate News

FEBRUARY 27, 2023

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

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Sales Mortgages 269

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 450

Marketing Mortgages Days on market Sales 450

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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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.

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Sales Fixed-rate mortgage MLS Mortgages 432

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Agents

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 240

Marketing 240

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 409

Banks Finance Mortgages Technology 409

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 396

Mortgages Loan Officer Loans Sales 396

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 161

Brokerage Agents 161

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 384

Lending Industrial Mortgages Loans 384

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 161

Brokerage 161

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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

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 384

Loan Officer Loans Lending Mortgages 384

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

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 109

Lending Equity Finance Mortgages 109

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 161

Marketing 161

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Sales

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 120

Sales 120

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.

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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.

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Inspection Renovation Construction Land 107

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.

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Agents Design Marketing 148

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

BubbleInfo

FEBRUARY 27, 2023

We are two months into 2023! Here’s how the weekly new listings compare with previous years – inventory is worse than ever: As a result, the list-pricing looks like it is holding up: Here’s how it wrapped up last year: The high-quality homes that hit the market in March should reveal the underlying frenzy conditions.

As-is 105

As-is Marketing 105

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 160

Loans Technology Mortgages 160

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

What's it like to lead during the largest housing market correction since the Great Recession? Inman wants to know what leaders, executives and entrepreneurs are doing to stay afloat.

Marketing 147

Marketing Brokerage Technology Industrial 147

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

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

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 157

Brokerage 157

Marco Santarelli

FEBRUARY 27, 2023

Madison Housing Market Trends in 2023: Overview, Prices, and Conditions Madison's housing market is experiencing growth, with homes selling for an average of 16.3% more than last year. Despite increased demand, the average home sells in around 53 days, and the sale-to-list price ratio indicates strong demand. Additionally, while the median days on the market have increased slightly, it remains within a reasonable timeframe for sellers.

Marketing 98

Marketing Investor Sales As-is 98

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 154

Marketing Technology Mortgages 154

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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.

Agents

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

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 144

Brokerage Agents 144

Maximum Exposure Real Estate

FEBRUARY 27, 2023

The Ultimate Guide to Understanding Townhouses Are you thinking about buying a townhouse? Many potential buyers ask what a townhouse is. Townhouses are once again becoming popular with homebuyers. The increased popularity is thanks to buyers looking for low-maintenance homes near amenities they can walk to and offer better value. Many people purchase a townhouse […] The post Townhouse: Everything You Need to Know appeared first on Maximum Real Estate Exposure.

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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 160

Mortgages Finance 160

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