Housing Wire

JUNE 8, 2023

It is no secret that housing inventory is low. As of June 2, there were 433,104 single family homes on the market nationwide, according to data from Altos Research. And while this situation is certainly far from ideal, according to a report published Thursday by the National Association of Realtors and Realtor.com , even with the existing level of homes available for sale, the housing affordability and inventory shortage issues wouldn’t be so severe if there were enough homes for buyers at all i

Sales 459

Sales Marketing As-is 459

Real Estate News

JUNE 8, 2023

The 30-year fixed-rate mortgage averaged 6.71% this week, the first drop in nearly a month.

Fixed-rate mortgage 299

Fixed-rate mortgage Mortgages 299

Housing Wire

JUNE 8, 2023

Homebuyers these days are facing much higher costs of ownership compared to a year ago, pushing most to the sidelines. Mortgage rates and home prices are high and inventory is paltry, resulting in a largely frozen housing market. Nearly two-thirds of Americans say they are waiting for mortgage rates to drop before entering the market, according to a survey released this week by BMO Financial Group , the eight-largest bank in North America.

Mortgages 395

Mortgages Land Loans Banks 395

Real Estate News

JUNE 8, 2023

Home equity dipped last quarter for the first time in a decade, but big gains in recent years have kept most homeowners squarely in the black.

Equity 279

Equity 279

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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.

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Housing Wire

JUNE 8, 2023

In this tight market cycle, strategic operational decisions can be the difference between success and failure. An aligned team of operational leaders can transition your business into the future, but first, you need the tools to get there. How are you driving your LOs to up their game? At HousingWire Annual 2023, attendees will get the inside scoop on the strategies that operational leaders, like Sarah Gonzalez, rely on to grow their businesses in any market.

Staging 390

Staging New Construction Lending Mortgages 390

Keeping Current Matters

JUNE 8, 2023

When you look at the numbers today, the one thing that stands out is the strength of this housing market.

Marketing 264

Marketing 264

Real Estate News

JUNE 8, 2023

An enhanced, feature-rich Appointment Center offers several new efficiency-oriented tools for agent users.

Agents 262

Agents 262

Housing Wire

JUNE 8, 2023

The National Association of Mortgage Brokers (NAMB) declared its support this week for a bill introduced by Republicans in the U.S. House of Representatives that would reinstate the Loan Level Price Adjustment (LLPA) structure that was in place prior to May 1, 2023. Lawmakers proposed similar legislation in April. However, it was more limited in scope and sought to cancel the changes announced in January and continue risk-based pricing.

Debt-to-income ratio 368

Debt-to-income ratio Finance Loans Mortgages 368

Inman

JUNE 8, 2023

Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform.

Agents 158

Agents Technology Mortgages Brokerage 158

Housing Wire

JUNE 8, 2023

Home equity levels have been on the decline over the last year, new data shows. Homeowners with mortgage loans saw their home equity levels decline by an average of 0.7% between the Q1 2022 and Q1 2023, the first decline recorded since early 2012, according to CoreLogic ’s Homeowner Equity Report (HER). Homes with mortgages account for roughly 63% of all U.S. properties.

Equity 365

Equity Mortgages Loans Closing 365

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

Inman

JUNE 8, 2023

No matter how many years of real estate experience you have, thoughtfully embracing and leveraging media coverage can be a highly impactful way to amplify your brand, expand your business and gain new clients.

Branding 158

Branding Brokerage Marketing Agents 158

Housing Wire

JUNE 8, 2023

Fannie Mae dropped a bomb on the title insurance industry in April 2022, when it adjusted its selling guide to allow the purchase of loans using attorney opinion letters (AOLs). In the ensuing 15 months, discussion over the risks and challenges posed by AOLs consumed the title industry, so naturally, it was a hot topic at the National Settlement Services Summit (NS3) in St.

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Title VA loan Title search Commercial 361

Inman

JUNE 8, 2023

While Zillow remains centered on consumer search and lead generation, offspring ShowingTime+ is becoming the "super app" the industry giant promised, according to the company.

Marketing 158

Marketing Industrial Technology 158

Housing Wire

JUNE 8, 2023

The title insurance industry is on the front lines in a never-ending war with the fraudsters. As the industry has gotten better at combatting wire fraud and even the more recent seller impersonation fraud , criminals looking for larger paydays have turned to mortgage payoffs. “The numbers are going up,” Sejal Lakhani-Bhatt, the CEO of Techwerxe , told National Settlement Services Summit (NS3) attendees Wednesday afternoon.

Title 358

Title Industrial Banks Technology 358

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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.

Brokerage

Inman

JUNE 8, 2023

This diverse group of successful real estate agents and brokers from across the U.S. and Canada will be sharing real-time knowledge from the best and brightest from the stage, dishing highlights, and relaying the action straight from the front row of sessions and masterminds.

Staging 148

Staging Agents Technology Brokerage 148

RIS Media

JUNE 8, 2023

Despite the fluctuating housing market this past year, confidence levels remain high with 44% of potential homebuyers, up 12% from the previous year, indicating they are confident they’ll be financially ready to purchase in the coming year, according to a new report from Chase. Chase’s First-Time Homebuyer Study is based on the responses of 1,900… The post First-Time Homebuyers Still View Homeownership as Important appeared first on RISMedia.

Marketing 134

Marketing As-is Lending Industrial 134

Inman

JUNE 8, 2023

Implemented in April on properties over $5 million, the ULA Tax was intended to bring in an average of $56 million in revenue per month to the city of L.A. During its first month, it brought in just $3.6 million.

Development 148

Development Agents 148

Bigger Pockets

JUNE 8, 2023

Despite reports about the market bottoming, Fannie Mae thinks more pain will come. Here's what they said.

Marketing 131

Marketing 131

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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

Inman

JUNE 8, 2023

Harnessing the power of AI in your marketing plan doesn't mean you're abdicating control, writes Chris Pollinger. Instead, it means you're arming yourself with a powerful ally that can help you navigate the complex world of real estate marketing with more clarity, precision, and insight.

Marketing 148

Marketing Technology Agents 148

Brownstoner

JUNE 8, 2023

The Brooklyn calendar is full this year for a Juneteenth with a celebratory mix of events that offer summer enjoyment along with some food for thought. The Juneteenth holiday commemorates the day when news of Lincoln’s 1863 Emancipation Proclamation finally reached the enslaved people of Galveston, Texas, on June 19,… Read More > The post Celebrate a Brooklyn Juneteenth With Food, Music, and Events Around the Borough appeared first on Brownstoner.

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Inman

JUNE 8, 2023

Great agents do daily what good agents do occasionally. Let Jimmy Burgess walk you through 21 best marketing practices to grow your business.

Agents 148

Agents Marketing Brokerage 148

Bigger Pockets

JUNE 8, 2023

Home sales have been falling fast since interest rates rose last year. After a spree of house shopping and record-low mortgage rates, homeowners sit comfortably in 2023.

Sales 126

Sales Marketing Mortgages 126

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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

Inman

JUNE 8, 2023

Mastering the art of delegation is a critical skill for leaders ascending the ranks in the real estate industry, writes The Agency's Rainy Hake Austin.

Industrial 148

Industrial Brokerage Agents 148

Bigger Pockets

JUNE 8, 2023

Side income streams are your way out of breaking even every month.

Finance 126

Finance 126

Inman

JUNE 8, 2023

Does "full-service real estate" really mean anything, or is it just something brokerages say to charge higher fees? Teresa Boardman looks at the service-shortfalls of so-called full-service brokerages and teams.

Brokerage 148

Brokerage Agents 148

Brownstoner

JUNE 8, 2023

In the News Mayor Adams and the Brooklyn Apartment He Just Can’t Quit [NYT] Large Swaths of North America Are Shrouded Under Unhealthy Air [NYT] Roadblocks and Red Tape: New York’s Cannabis Effort at a Crossroads [NYT] East Flatbush Branch of Brooklyn Public Library Reopens [News12] Low Income Brooklyn Homeowners Deprived of Lawyers: Lawsuit [Gothamist] How… Read More > The post Daily Links: Courts Deny Lawyers to Low-Income Brooklyn Homeowners in Foreclosure, Suit Alleges appeared fir

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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

Inman

JUNE 8, 2023

The typical U.S. homeowner with a mortgage lost about $5,400 in equity in the first quarter of 2023 compared to a year earlier, CoreLogic said.

Equity 148

Equity Mortgages 148

Bigger Pockets

JUNE 8, 2023

Escrow is a key part of real estate transactions and mortgage agreements, but many homebuyers aren't familiar with escrow and how it works.

Mortgages 122

Mortgages 122

Inman

JUNE 8, 2023

Happy Grasshopper, a content marketing solution, is adding gift-giving to its services thanks to a partnership with Maryland-based Marigold & Grey, a full-service artisan gifting company.

Closing 147

Closing Marketing Technology Agents 147

GeekEstate

JUNE 8, 2023

In this week’s interview, we’re bringing you Ryan Letzeiser from the landlord-focused insuretech, Obie. Fresh off a $25 million Series B raise , Obie is working to change the way insurance is bought and sold by offering instantly bindable quotes through an embedded distribution strategy. Without further ado, here’s a short Q&A we conducted via email: What has Obie’s fundraising journey looked like, in terms of rounds, and how much you’ve raised?

Due diligence 119

Due diligence Investor As-is Industrial 119

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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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