Housing Wire
JANUARY 25, 2024
Mortgage rates stabilized in the past week but remain close to the narrow range observed since the start of this month. The 30-year fixed-rate mortgage averaged 6.69% as of Jan. 25, an increase from last week’s figure of 6.60%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 5.96% this week, up from 5.76% during the prior week.
Real Estate News
JANUARY 25, 2024
Ryan Schneider spoke to Real Estate News about his company’s decision to settle in the commissions cases and his thoughts on NAR and the year ahead.
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Housing Wire
JANUARY 25, 2024
Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group , better known as The Hartford, announced Wednesday that it would no longer issue new homeowners insurance policies in California starting in February 2024. The firm noted that this change would also impact The Hartford’s joint homeowners insurance program with AARP.
Real Estate News
JANUARY 25, 2024
CRMLS, Bright MLS and MRED have reached an agreement with ThePLS.com over Clear Cooperation rules, leaving NAR as the only remaining defendant.
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Housing Wire
JANUARY 25, 2024
Data from research organizations and aging advocacy groups is clear: More older Americans want to age in place in their own homes, as opposed to living in dedicated care facilities. To get a better grasp on this preference, Chicago-based National Public Radio (NPR) affiliate station WBEZ recently featured a dedicated aging-in-place segment. WBEZ spoke with experts and community members about why more older Americans are opting to remain in their homes as they grow older.
Real Estate News
JANUARY 25, 2024
A continued increase in mortgage applications suggests that more buyers are entering the market, but low supply could suppress activity.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
JANUARY 25, 2024
Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind?
Housing Wire
JANUARY 25, 2024
The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on Thursday that focused on the reauthorization of the National Flood Insurance Program (NFIP), showing that its bipartisan support is generally intact. But senators also expressed concerns about affordability after a new ratings methodology led to higher premiums in some parts of the country.
Inman
JANUARY 25, 2024
Two real estate agents with experience trading real estate with cryptocurrency were able to explain to the Inman New York audience how tokenization could very well be the answer to funding extensive commercial renovations.
Housing Wire
JANUARY 25, 2024
Jonathon Haddad, president of Next Door Lending , will replace Katie Sweeney as the chairman and CEO of the Association of Independent Mortgage Experts (AIME). Sweeney is stepping down to become the CEO of the affiliated lobbying group Broker Action Coalition (BAC). AIME tapped a relative newcomer to the broker channel to become its CEO. Haddad joined the channel in 2020 at Next Door Lending, where he transitioned from vice president to managing partner and president.
Advertiser: Trellis
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Inman
JANUARY 25, 2024
Leaders from Better, Point and EasyKnock said that consumers are becoming increasingly curious about alternative financing options — but they still need agents to help guide them.
Housing Wire
JANUARY 25, 2024
Finance of America Companies (FOA) Chief Marketing Officer Chris Moschner found himself working for the lender in the wake of its acquisition of American Advisors Group (AAG), and Moschner previously told RMD about his journey to the position and the “intoxicating” opportunity he sees in the reverse mortgage space. But that space is also facing a series of challenges including lower origination volume, high interest rates and liquidity challenges.
Inman
JANUARY 25, 2024
Luxury leaders from Sotheby's International Realty, Compass and Douglas Elliman shared how luxury clients are responding to changes in the market now and how their brokerages each uniquely support agents.
Housing Wire
JANUARY 25, 2024
California-headquartered LoanSnap was hit with a temporary order to cease and desist from Connecticut’s Department of Banking for “systemic” unlicensed mortgage loan origination activity. Connecticut Banking Commissioner Jorge Perez alleged that LoanSnap violated the Truth in Lending Act (TILA) and Fair Credit Reporting Act (FCRA). But the crux of the commissioner’s findings focuses on unlicensed origination activities.
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Inman
JANUARY 25, 2024
Listing Toolkit, a new subscription-based solution from Realtor.com, helps agents stand out from the competition, quickly turn motivated sellers into clients and find the right buyer easily.
Housing Wire
JANUARY 25, 2024
Nonqualified mortgage (non-QM) wholesale lender A&D Mortgage has obtained licenses to originate loans in Arkansas and Mississippi, the company announced on Thursday. “This expansion is not only about growing our business; it’s about wholeheartedly bringing A&D Mortgage’s unwavering commitment to top-notch service, highly competitive rates, and tailored loan solutions to more Americans,” Max Slyusarchuk, CEO of A&D Mortgage, said in a statement.
Inman
JANUARY 25, 2024
Glennda Baker was called out on Instagram for her “talking head” style video content by a person who said the new way to share your brand is artificial intelligence-generated animations.
RIS Media
JANUARY 25, 2024
In real estate, effective marketing is the key to success. As a REALTOR®, implementing savvy marketing strategies can significantly impact your ability to attract potential buyers, showcase properties, and ultimately close deals successfully. We will examine quick and easy marketing tips tailored for REALTORS®. You will see everything from creating a robust real estate marketing… The post Quick and Easy Marketing Tips For REALTORS® appeared first on RISMedia.
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.
Inman
JANUARY 25, 2024
The portal executive also declared that she didn't think the "Your Listing, Your Lead" approach of Homes.com serves either agents or consumers well.
RIS Media
JANUARY 25, 2024
Three of the largest MLSs in the country agreed to a settlement in one of the most expansive and highest-stakes lawsuits that specifically targets MLS rules and practices, according to a court filing yesterday. ThePLS.com v. National Association of REALTORS® et al was originally filed way back in 2020 by a pocket listing service startup,… The post MLS Giants Reach Settlement in Pocket Listing Lawsuit appeared first on RISMedia.
Inman
JANUARY 25, 2024
CRMLS, Bright MLS and MRED told the U.S. District Court of the Central District of California's Western Division they had reached a deal "in principle" with ThePLS.com.
RIS Media
JANUARY 25, 2024
Mortgage rates never fell below 6% in 2023 and you probably didn’t even have to follow the news to notice; you’d just have to observe how so many of your leads were hesitant to buy. Even as mortgage rates have declined from their more than 7% peak in Q4 2023, they still haven’t reached back… The post 3 Things To Tell Your Clients Who Are Worried About Mortgages appeared first on RISMedia.
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.
Inman
JANUARY 25, 2024
On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024 and revealed he takes public transit around New York.
RIS Media
JANUARY 25, 2024
You might think that the five states people are moving away from the most would be the ones trying the hardest to gain new residents, but that is not the case, according to a new report from MakeMyMove.com. The states losing residents fastest are Alaska, New York, Illinois, California and Wyoming. Five other states are… The post 5 States That Incentivize People to Relocate There appeared first on RISMedia.
Inman
JANUARY 25, 2024
Since 2013, the team has sold more than $800 million in transactions. They were drawn to Douglas Elliman for its company culture and opportunities in new development.
RIS Media
JANUARY 25, 2024
New home sales reversed course in December after a two-month downward slide, thanks to falling interest rates in the closing weeks of 2023 that helped to bring buyers off the sidelines and provide a boost for new home sales. Data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau states… The post New Home Sales Bounced Back in December appeared first on RISMedia.
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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.
Inman
JANUARY 25, 2024
At ICNY, proptech leaders Eileen Romito, Derek Hooper and Catharine MacIntosh explained how cumbersome MLS rules led to the rule of real estate portals, and what can be done to take the power back.
RIS Media
JANUARY 25, 2024
Today we’re going to explore the Japanese word, Kaizen. Discovering the potential of making small, gradual changes to transform one’s life. Inspired by this approach, I aim to share insights on how incorporating small steps into your journey can lead to remarkable improvements. Join me as we delve into the principles of Kaizen, unlocking the… The post Thoughts on Leadership: Unveiling the Power of Small Steps for Lasting Change appeared first on RISMedia.
Inman
JANUARY 25, 2024
Find out how this Montana broker leads with competence, intention and by prioritizing strong relationships and mentoring.
Brownstoner
JANUARY 25, 2024
The number of Brooklyn homeowners at serious risk of losing their homes through foreclosure more than doubled from 2022 to 2023, with 541 homes being the subject of first-time foreclosure auctions last year compared to 180 in 2022. The borough saw a 66 percent increase in foreclosures year over year, the… Read More > The post Foreclosures in Brooklyn More Than Doubled Last Year — Many Were in One Building appeared first on Brownstoner.
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.
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