Keeping Current Matters

MAY 3, 2023

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house.

Mortgages 254

Mortgages Marketing 254

Housing Wire

MAY 3, 2023

The institutional single-family rental (SFR) market has expanded rapidly over the past decade as an alternative to homeownership, but it is now facing major headwinds in the form of a rapid jump in interest rates and still-high inflation compounded by decelerating home prices and rental rates. That’s the takeaway from a recent analysis of the sector by Kroll Bond Rating Agency (KBRA), an analysis that also is echoed, in part, by a recent report from ATTOM , a leading curator of real estate data.

Marketing 448

Marketing Investor Finance As-is 448

Real Estate News

MAY 3, 2023

The Seattle-based company beat analyst expectations for the first quarter and is entering a crucial period as it unveils new products.

As-is 278

As-is 278

Housing Wire

MAY 3, 2023

The Federal Reserve affirmed on Wednesday that its next key federal funds rate hikes will depend on incoming data. In turn, economists and housing industry experts have now turned their attention toward the June meeting, as that decision will dictate the future movement of mortgage rates. The Fed’s move on Wednesday was well anticipated and should not cause a major shift in mortgage and other interest rates, experts noted.

Mortgages 446

Mortgages Debt-to-income ratio Banks Fixed-rate mortgage 446

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Real Estate News

MAY 3, 2023

In a panel discussion, leaders of four fast-growing brokerages shared their thoughts on agent attrition, the commissions lawsuits and other hot topics.

Brokerage 264

Brokerage Agents 264

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. “Congratulations!” she said. “You just sold your house.” The agent wished me well and said that she would appreciate a review on her website. And that was that! A little backstory: The four-bed, 1.5 bath house in the Poconos showed well and I priced it very competitively – at $269,000.

Agents 435

Agents Brokerage Loan Officer Closing 435

Housing Wire

MAY 3, 2023

30-year fixed mortgage rates declined slightly last week, the first rate drop in three weeks, but it wasn’t enough to boost mortgage demand. Mortgage applications fell last week by 1.2% on a seasonally adjusted basis compared to one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The 30-year fixed rate decreased five basis points to 6.5% last week, which is still 114 basis points higher than a year ago, Joel Kan , MBA’s vice pr

Mortgages 418

Mortgages Fixed-rate mortgage Banks Lending 418

Real Estate News

MAY 3, 2023

As many analysts had predicted, the Federal Reserve raised the benchmark interest rate for the 11th consecutive time since March.

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Housing Wire

MAY 3, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, announced on Wednesday a new partnership with WFG National Title Insurance Company (WFG) to provide the company and its customers with eClosing technology solutions. “Stavvy is incredibly excited to work with WFG to bring innovative eClosing solutions to the masses,” said Kosta Ligris , Founder and CEO of Stavvy. “Our collaboration will enable us to leverage our s

Title 414

Title Lending Technology Commercial 414

Real Estate News

MAY 3, 2023

The company missed analyst expectations by $0.48 per share but achieved cost savings of $50 million while legal headwinds put pressure on the bottom line.

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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

MAY 3, 2023

The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. The hike completes the fastest series of rate increases since the 1980s, as the central bank works to cool the economy and greatly reduce the pace of inflation, which also reached highs not seen in decades.

Banks 397

Banks Fixed-rate mortgage Loan Officer Mortgages 397

Real Estate News

MAY 3, 2023

The company managed to cut losses by half in Q1, and CEO Brian Bair said Offerpad has a "realistic and achievable plan" to meet its goals.

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Housing Wire

MAY 3, 2023

As proptech evolves, so does the ability to automate processes within the real estate industry. Automation can lead to some serious ROI for property managers and operators, but it’s important to automate the right processes — otherwise, it may feel like you’re throwing money and technology at a problem without solving anything. According to Rently , a smart home and self-guided touring solutions provider, automation is key to ROI for property managers and operators, particularly leasing automati

Property Management 397

Property Management Technology As-is Industrial 397

Inman

MAY 3, 2023

The plugins will allow users to employ conversational language to ask the chatbot details about specific listings and the kinds of homes they seek to fine-tune their search results.

Technology 173

Technology 173

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Housing Wire

MAY 3, 2023

In March, a modest bump in homebuyer demand, combined with a decline in for-sale inventory, drove up home prices compared to the month prior. While home prices in many Western and pandemic boom markets are still well off their peaks, 40% of major markets have seen prices return to peak levels, according to Black Knight ‘s mortgage monitor report.

Mortgages 396

Mortgages Sales Marketing As-is 396

Inman

MAY 3, 2023

Following an emotional hearing disrupted by protestors, a preliminary vote Tuesday by the Rent Guidelines Board set the stage for increases of up to 5 percent for one-year leases, and 7 percent for two-year leases.

Staging 172

Staging Marketing 172

Housing Wire

MAY 3, 2023

The HousingWire award spotlight series highlights the individuals who have been previously recognized by the HW Editors’ Choice Awards. N ominations for HousingWire’s Women of Influence award are now open through Friday, May 19, 2023. Click here to nominate a female leader in the industry — a client, colleague, boss or friend — it can even be you! HousingWire’s prestigious Women of Influence award showcases the outstanding efforts of women in housing.

Lending 392

Lending Industrial Mortgages Finance 392

Inman

MAY 3, 2023

Bringing on Dr. Clare Losey will allow ABoR to produce ongoing reports on all aspects of the Central Texas economy for its 20,000-plus members, their clients, and local policymakers.

MLS 170

MLS Marketing 170

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Bigger Pockets

MAY 3, 2023

How do you go from absolute poverty to passive income in a short amount of time?

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Inman

MAY 3, 2023

The founder of PropTech Consulting said artificial intelligence can revolutionize the industry, but stakeholders will need to tackle data quality, bias and privacy concerns, among other issues.

Industrial 167

Industrial Technology 167

Bigger Pockets

MAY 3, 2023

With all of the various strategies in real estate, how do you pick the best one for you? These seven ways you get started in real estate are great ways to get started.

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128

Inman

MAY 3, 2023

The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years.

Mortgages 167

Mortgages Industrial 167

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Agents

NAR: Economic Outlook

MAY 3, 2023

Instant Reaction: Interest Rates, May 3, 2023 The latest interest rate hike by the Federal Reserve is unnecessary and harmful.

Finance 127

Finance Mortgages 127

Inman

MAY 3, 2023

Approval in one day and closing within ten? It’s not a myth. It’s a service that the team at Guaranteed Rate has developed, and we wanted to learn more.

Mortgages 166

Mortgages Development Closing Agents 166

Bigger Pockets

MAY 3, 2023

Housing prices have been on the decline for seven straight months, but in March, the trend shifted gears. These markets are leading the charge.

Marketing 124

Marketing 124

Inman

MAY 3, 2023

The independently owned Islandia Real Estate is now Islandia St. John Christie's International Real Estate, led by Managing Director Keleigh Rees.

Brokerage 166

Brokerage 166

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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

Eye on Housing

MAY 3, 2023

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 66% in the first quarter of 2023, amid persistently tight housing supply. The homeownership rate remained statistically unchanged from the fourth quarter reading (65.9%). It is 0.6 percentage points higher than the rate in the first quarter of 2022. Compared to the peak of 69.

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Inman

MAY 3, 2023

From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry.

Industrial 166

Industrial Marketing 166

RIS Media

MAY 3, 2023

Following its meteoric growth during the pandemic, virtual-focused brokerage eXp managed to grow its agent count in Q1 2023, even with revenue down against the headwinds of a market downturn. With a net income of $1.5 million, the company managed to stay profitable during the challenges of early 2023—from shaky consumer confidence to an uncertain… The post eXp Stays Profitable, Grows Agent Count in Q1 appeared first on RISMedia.

Agents 122

Agents Brokerage Marketing Industrial 122

Inman

MAY 3, 2023

Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales.

Sales 158

Sales Technology Agents Marketing 158

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