Housing Wire

SEPTEMBER 26, 2023

New home sales missed estimates today but had three months of positive revisions, which continues the story of the builders managing the higher mortgage rate environment. But they still only have 76,000 completed units for sale today. That’s right — for all the hype of massive housing inventory coming from the builders, today we sit here still trying to work back to pre-COVID-19 levels with just 76,000 completed homes ready to be moved.

Sales 485

Sales Mortgages Construction Marketing 485

Keeping Current Matters

SEPTEMBER 26, 2023

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices?

Marketing 256

Marketing 256

Housing Wire

SEPTEMBER 26, 2023

After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% compared to July , reaching a seasonally adjusted annual rate of 675,000. On a year-over-year basis, new home sales were up 5.8%.

Sales 495

Sales Mortgages As-is MLS 495

Inman

SEPTEMBER 26, 2023

As Re-convene returns to Santa Monica this week, investors nationwide will be following along on Twitter, where an enthusiastic community of investors has leaned into social media in a big way.

Investor 153

Investor Technology 153

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

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable.

Mortgages 491

Mortgages Sales Marketing Residential 491

Housing Wire

SEPTEMBER 26, 2023

After three consecutive months of annual price declines, home prices in July were up 0.98%, according to the S&P CoreLogic Case-Shiller Home Price Index. Month-over-month, the U.S. National Index posted an increase of 0.6%, while the 10-City posted a 0.8% increase and 20-City Composite a 0.9% increase. “U.S. home prices continued to rally in July 2023,” Craig Lazzara, managing director at S&P DJI , said.

MLS 454

MLS Mortgages Lending Loans 454

Inman

SEPTEMBER 26, 2023

The luxury network's new office in the state of Utah will help provide crucial referrals to clients in feeder markets where Christie's has an existing presence, Inman has learned exclusively.

Marketing 151

Marketing Brokerage Agents Development 151

Housing Wire

SEPTEMBER 26, 2023

Plunk , an AI-powered home analytics platform, has partnered with two real estate industry marketing companies, Union Street Media and Realforce , to scale its real-time data and analytics across multiple digital channels. Plunk’s platform offers real-time insights into home valuation , risk assessment, and remodeling possibilities. The company is partnering with Union Street Media, a leader in business strategy marketing, providing integrated campaigns across web, mobile, voice, search engine o

Industrial 407

Industrial Marketing Brokerage Agents 407

Inman

SEPTEMBER 26, 2023

A discrimination lawsuit filed in August by Shaniqua Newkirk, a Black Section 8 voucher recipient, against several Douglas Elliman agents has brought to light misconceptions about agent obligations when it comes to fair housing.

Agents 142

Agents Brokerage 142

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Sales

Housing Wire

SEPTEMBER 26, 2023

Homebuyers and homeowners in California have a reason to celebrate. The state’s top insurance regulator announced last Thursday that new rules are in the works to persuade insurers to remain in the state. Over the past 12 months, seven of the 12 largest insurance companies by market share in California have either paused or restricted new policies in the state, highlighted by the departures of State Farm and Allstate in early June 2023.

Agents 402

Agents Construction Marketing As-is 402

Inman

SEPTEMBER 26, 2023

A discrimination lawsuit filed in August by Shaniqua Newkirk, a Black Section 8 voucher recipient, against several Douglas Elliman agents has brought to light misconceptions about agent obligations when it comes to fair housing.

Agents 143

Agents Brokerage 143

Housing Wire

SEPTEMBER 26, 2023

To reach a key financial goal in 2026, Blend Labs plans to diversify far beyond mortgage. And it is putting its new cloud-based Blend Builder platform front and center. On Tuesday, executives from the San Francisco, California-headquartered mortgage tech firm, which has yet to post a profit since going public in July 2021, shared the firm’s vision for growth during its first investor day.

Mortgages 399

Mortgages Banks Loans Investor 399

Inman

SEPTEMBER 26, 2023

Chris Smith joins Keller Williams from Latter & Blum. The move comes as major real estate brands compete intensely for top talent.

Agents 174

Agents Branding Brokerage Industrial 174

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

Housing Wire

SEPTEMBER 26, 2023

Keller Williams New Orleans is getting a major boost. The city’s top agent by both sales volume and transaction sides in 2022 is joining the firm, according to an announcement on Tuesday. Chris Smith, a 20-year industry veteran, is leaving Latter & Blum for Keller Williams New Orleans. Latter & Blum is an independent brokerage based in New Orleans, which serves clients throughout the Gulf Coast, including those in Louisiana , Texas and Mississippi.

Agents 410

Agents Brokerage Sales Industrial 410

Inman

SEPTEMBER 26, 2023

The Pulitzer Prize-winning real estate writer was a pioneering figure in journalism and was one of the early contributors to Inman's industry coverage.

Industrial 155

Industrial Agents 155

Housing Wire

SEPTEMBER 26, 2023

The Federal Housing Finance Agency (FHFA) is moving to consider an amendment to current regulations that restrict Fannie Mae , Freddie Mac and federal home loan banks from purchasing, investing in or dealing in mortgages on properties encumbered by certain types of private transfer fee covenants (PTFCs), according to an entry published in the Federal Register on Tuesday.

Mortgages 386

Mortgages Equity Loans Banks 386

Inman

SEPTEMBER 26, 2023

U.S. home prices climbed 0.6 percent between June and July and reported an annual increase of 1 percent, erasing earlier declines.

Marketing 165

Marketing 165

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

Housing Wire

SEPTEMBER 26, 2023

Quinn & Co. Realty Group joined Compass as its founding team in Madison, Wisconsin , the company announced on Tuesday. The team of three, led by principal Liz Quinn, was previously affiliated with Realty Executives. The move comes amid a time of growing demand for second homes and low-tax markets, including those in Wisconsin, according to Compass’s mid-year, ultra-luxury report.

Agents 390

Agents Principal Technology Industrial 390

Inman

SEPTEMBER 26, 2023

The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday.

Agents 122

Agents Staging Technology Marketing 122

Housing Wire

SEPTEMBER 26, 2023

Mortgage Machine Services , a digital origination technology provider, has appointed Dan McGrew as director of sales. In this role, McGrew will shoulder the responsibility of marketing the company’s digital products, including the flagship loan origination system (LOS) Mortgage Machine. “As Mortgage Machine Services continues to pioneer technology for the mortgage industry, we knew we needed a seasoned and innovative thinker like Dan to help us deliver these innovations to the masses

Mortgages 379

Mortgages Sales Loans Lending 379

Inman

SEPTEMBER 26, 2023

While you probably don't want to listen to those spammy sales calls, they can teach you something about what to do, and what not to do, in your business.

Sales 129

Sales Agents Marketing 129

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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

Housing Wire

SEPTEMBER 26, 2023

Acra Lending , a private mortgage lender, announced its integration with Tavant ’s Touchless Lending Collateral Analysis. This partnership marks a milestone in Tavant’s expansion into non-QM lending. It is also turning Acra’s business into a technology-first one, the statement said. Collateral Analysis is a proprietary product of Tavant’s Touchless Lending automation platform.

Lending 373

Lending Mortgages Investor Technology 373

Inman

SEPTEMBER 26, 2023

Sales of newly built homes dropped 8.7 percent in August to a seasonally adjusted annual rate of 675,000.

Sales 174

Sales Marketing 174

Housing Wire

SEPTEMBER 26, 2023

Ocrolus , an AI-driven financial document automation platform, has launched an enhanced dashboard for mortgage lenders, the company announced on Tuesday. Among other features, the new solution will allow lenders to automate income calculations for both traditional and self-employed borrowers using automated, transparent and flexible worksheets, the statement said.

Mortgages 371

Mortgages Loans Lending Banks 371

Inman

SEPTEMBER 26, 2023

Bystanders scream in shock as video shows a massive piece of concrete get knocked onto the sidewalk and street below.

153

153

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