RIS Media

SEPTEMBER 21, 2023

The Leading Economic Index (LEI) fell 0.4% in August to 105.4, continuing the recent downward trend, according to the latest release from The Conference Board. August’s LEI is down 3.8% over the six-month period between February and August 2023—little changed from its 3.9% contraction over the previous six months (August 2022 to February 2023). “With… The post Leading Economic Indicators Continue to Trend Down appeared first on RISMedia.

Industrial 119

Industrial Marketing 119

Housing Wire

SEPTEMBER 21, 2023

Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible? NAR ‘s existing home sales report on Thursday gives us insight into the why factor. The median existing-home price for all housing types in August was $407,100, an increase of 3.9% from August 2022 ($391,700). All four U.S. regions posted price increases.

Sales 523

Sales Mortgages Loans As-is 523

Keeping Current Matters

SEPTEMBER 21, 2023

Buying and owning your own home can have a big impact on your life.

357

357

Housing Wire

SEPTEMBER 21, 2023

The housing market continues to cool amid high mortgage rates , affordability challenges and still-low inventory. In August, existing-home sales fell 0.7% from July to a seasonally adjusted annual rate of 4.04 million, according to a new report from the National Association of Realtors (NAR). Existing-home sales were down 15.3% compared to a year ago.

Sales 468

Sales Fixed-rate mortgage MLS Mortgages 468

Advertisement

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

Real Estate News

SEPTEMBER 21, 2023

Both sides in the Sitzer/Burnett case filed motions over the right to use — or exclude — evidence from parties who have already settled.

286

286

Housing Wire

SEPTEMBER 21, 2023

Mortgage rates remained well above 7% on Thursday as markets digested Wednesday’s Fed meeting. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.19% as of Sept. 21, up one basis point from last week ’s 7.18%. By contrast, the 30-year fixed-rate mortgage was at 6.29% a year ago at this time.

Mortgages 459

Mortgages Fixed-rate mortgage Loans Construction 459

Housing Wire

SEPTEMBER 21, 2023

Recruiting and keeping the best talent is critical in today’s real estate market. It’s also becoming more challenging as production takes a hit from lower home sales. On a national basis, year-over-year MLS production reports show the average real estate agent’s income is down 28%. Broker-owners’ operations teams are receiving more and more “non-payment” of MLS dues notices.

MLS 448

MLS Agents Sales Closing 448

Real Estate News

SEPTEMBER 21, 2023

Sales dipped in August but have been relatively stable on average — though well below last year's levels, reflecting high prices and limited supply.

Sales 264

Sales 264

Housing Wire

SEPTEMBER 21, 2023

The housing market will remain subdued until the Federal Reserve starts cutting rates next year, according to economists and housing pros following the central bank’s Wednesday announcement to leave the benchmark rate unchanged in the target range of 5.25%-5.5%. Until interest rates come down, affordability challenges will continue to put first-time buyers on the sidelines, housing industry observers said.

Banks 448

Banks Mortgages Principal Commercial 448

Inman

SEPTEMBER 21, 2023

Data from artificial intelligence-powered valuation company Plunk will be used to enrich the products of two real estate industry firms that specialize in marketing technology and services.

Marketing 195

Marketing Technology Industrial Renovation 195

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

SEPTEMBER 21, 2023

Guaranteed Rate ’s PowerVP mobile app aims to enhance loan originators’ ability to keep in constant contact with customers anywhere, at any given time — 24/7. The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release.

Pre-approval 435

Pre-approval Loans Finance Mortgages 435

Inman

SEPTEMBER 21, 2023

Drop in unemployment claims on the heels of hawkish Fed warnings sends 10-year Treasury yields soaring to a 15-year high, with mortgage rates likely to follow.

Mortgages 193

Mortgages Marketing 193

Housing Wire

SEPTEMBER 21, 2023

Ginnie Mae President Alanna McCargo delivered a keynote address at the Barclays U.S. Rates and Residential Mortgage-Backed Securities (RMBS) Conference in Tokyo, Japan , addressing Ginnie Mae mortgage-backed securities (MBS) potential value for investors and the company’s recently expanded social impact and sustainability work. “As I travel around the world, one thing is clear: global investors want more impact investment opportunities,” McCargo said during her speech.

Investor 435

Investor Mortgages Residential Finance 435

Inman

SEPTEMBER 21, 2023

Learn how a former pro golfer and a lifelong real estate developer joined forces to share their love of Park City's lifestyle and culture with clients.

Development 193

Development Brokerage 193

Advertisement

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

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. This interview has been edited for length and clarity. Sarah Wheeler : Let’s talk about the evolution of real estate tech from individual products to connected platforms.

Technology 435

Technology Design Agents Industrial 435

Inman

SEPTEMBER 21, 2023

The National Flood Insurance Program is up against another deadline for renewal while a lawsuit from 10 states takes aim at its proposed pricing change.

192

192

Housing Wire

SEPTEMBER 21, 2023

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Terms of the deal were not disclosed. In a statement on Thursday, QC Ally said the acquisition would allow the company to further its mission of helping financial services firms achieve “true enterprise quality” throughout the lifecycle of the loan, from origination to servicing and deeper into secondary markets.

Due diligence 434

Due diligence Loans Equity Residential 434

Inman

SEPTEMBER 21, 2023

Knowing and acting on what you need to hear, Jimmy Burgess writes, instead of what you want to hear, is key to growing and optimizing your professional performance.

Agents 187

Agents 187

Advertisement

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

Housing Wire

SEPTEMBER 21, 2023

Intercontinental Exchange, Inc. (ICE) and investment research firm Delta Terra Capital announced a partnership to offer climate-adjusted credit risk analytics for residential and commercial mortgage-backed securities (MBS). The credit risk analytics will combine ICE’s physical climate risk data and DeltaTerra’s climate analytics, financial risk models, and market data to deliver risk impact estimates for investors in the residential and commercial mortgage-backed securities markets.

Investor 259

Investor Commercial Residential Finance 259

Inman

SEPTEMBER 21, 2023

Sales of existing homes slid 0.7 percent between July and August to a seasonally adjusted annual rate of 4.04 million but held steady in the Northeast and rose in the Midwest.

Sales 187

Sales Marketing 187

RIS Media

SEPTEMBER 21, 2023

Green home improvements have taken center stage in an era marked by growing environmental concerns and a desire to reduce carbon footprints. Homeowners increasingly recognize the importance of adopting Eco-friendly home improvement practices for the planet’s well-being and the long-term benefits they bring to their lives. From solar panels to energy-efficient appliances, an array of… The post Embracing Sustainability: The Top Eco-Friendly Home Improvements appeared first on RISMedia.

Staging 140

Staging Industrial 140

Inman

SEPTEMBER 21, 2023

In today’s economy, every dime matters. Here are a few budget-friendly expenditures that author and coach Darryl Davis recommends for your next client appreciation event.

Branding 179

Branding Agents Marketing 179

Advertisement

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

SEPTEMBER 21, 2023

House flipping profits are off the charts, so why are so many house flippers leaving the market?

House Flipping 129

House Flipping Marketing 129

RIS Media

SEPTEMBER 21, 2023

The real estate industry is one of continuous evolution. From online listings to virtual tours, technological advancements have significantly impacted how homes are bought and sold. One innovation that’s been steadily gaining traction is virtual staging. Virtual staging is the art of digitally furnishing an empty home to give buyers a better sense of what… The post Why Virtual Staging AI is Transforming the Home-Staging Industry appeared first on RISMedia.

Staging 128

Staging Industrial Technology 128

Bigger Pockets

SEPTEMBER 21, 2023

A lien is a financial claim that a person or company has on a property. We'll explain the different types of liens and what they mean for investors.

Investor 129

Investor 129

RIS Media

SEPTEMBER 21, 2023

A total of 33,952 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in August, up 7% from a month ago but down 2% from a year ago, according to a new report from ATTOM. ATTOM’s Foreclosure Market Report for August found that nationwide one in every 4,113 housing units had a foreclosure filing in… The post Foreclosure Activity Rises in August appeared first on RISMedia.

Banks 124

Banks Marketing Industrial Mortgages 124

Advertisement

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

Calculated Risk Real Estate

SEPTEMBER 21, 2023

From the NAR: Existing-Home Sales Decreased 0.7% in August Existing-home sales moved lower in August, according to the National Association of REALTORS® Among the four major U.S. regions, sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions recorded year-over-year sales declines. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – slid 0.7% from Ju

Sales 122

Sales Closing As-is 122

RIS Media

SEPTEMBER 21, 2023

Since partnering with Real Estate Webmasters 12 years ago, Michael Perna—team leader of The Perna Team at eXp Realty—has greatly benefited from the website provider’s extensive SEO capabilities. Today, the recognition for his brand continues to grow exponentially. “When my agents meet somebody that comes through our site, the most common reaction is, ‘Oh my… The post The Power of a Strong Digital Presence appeared first on RISMedia.

Branding 122

Branding Agents Development Industrial 122

HomeLight

SEPTEMBER 21, 2023

So, you’ve accepted an offer on your home sale. Maybe you’ve made it through the settlement and you’re still awaiting closing day , or perhaps you’re still negotiating with your buyer. Either way, you probably have one very important question on your mind: when does a seller get paid after closing on a home sale? Ultimately, the time it takes to get those funds into your account will depend on a few different factors.

Closing 119

Closing Due diligence Inspection Title 119

RIS Media

SEPTEMBER 21, 2023

Continuing in its downward trend, sales of existing homes moved lower last month, down 0.7% in August to a seasonally adjusted annual rate of 4.04 million, according to the latest existing-home sales report from the National Association of REALTORS®. Year-over-year, sales dropped 15.3%, according to the report. This follows July’s downturn of 2.2% and June’s… The post Existing-Home Sales Decreased 0.7% in August appeared first on RISMedia.

Sales 122

Sales MLS Industrial Marketing 122

Advertisement

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.

Brokerage