Tue.Jun 15, 2021

article thumbnail

Why female leadership is crucial to the mortgage industry

Housing Wire

Women in brokerage aren’t common, but Rocket Pro TPO aims to change that. By integrating programs that enhance inclusivity, the company encourages female leadership. HousingWire recently spoke with Keri Stichler, Divisional Vice President at Rocket Pro TPO, about why female leadership is crucial in the mortgage industry and how companies can advocate for inclusivity.

article thumbnail

Hope Is on the Horizon for Today’s Housing Shortage

Keeping Current Matters

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates it’s a buyers’ market, but an inventory level below that threshold means we’re in a sellers’ market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Homebuilder confidence falls to lowest level since August

Housing Wire

Homebuilder confidence fell to its lowest level since August 2020, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report. Rising material prices and supply chain shortages — specifically, the declining availability of softwood lumber and other building materials — contributed to confidence falling two points to 81 for newly built single-family homes in June, said Chuck Fowke, NAHB chairman.

article thumbnail

Inside a Sophisticated Greenwich Georgian

Sotheby's International Real Estate

Greenwich architect Richard Granoff—founder of one of the tri-state area’s leading firms—is revered for an aesthetic “balanced between respect for the past and excitement about the future.” This enviable equilibrium is on elegant display at this outstanding Georgian-inspired manor, ideally sited on 2.27 emerald acres on a peaceful gated lane in one of the country’s most sought-after communities.

Brokerage 140
article thumbnail

Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

article thumbnail

Cornerstone Home Lending to acquire Roscoe State Bank

Housing Wire

Houston-based nonbank mortgage lender Cornerstone Home Lending is buying Roscoe State Bank , a traditional depository bank headquartered in Roscoe, Texas. The transaction is subject to customary regulatory approvals. Financial terms of the deal were not disclosed and it’s unclear when the deal will close. The prospective merger – relatively rare for a nonbank mortgage lender – would create an organization with approximately $2 billion in assets and more than $300 million in equity capital,

Lending 446

More Trending

article thumbnail

Sprout Mortgage taps Wells Fargo veteran to lead retail

Housing Wire

Non-QM lender Sprout Mortgage is setting up a distributed retail operation, and it’s picked a veteran of Wells Fargo to lead the new division. Sprout hired former Wells Fargo executive Michael Johnson to expand Sprout’s consumer and retail sales channel, the company said Tuesday. Johnson, who most recently led the depository bank’s Southeast division, will report directly to Sprout’s president, Shea Pallante.

Mortgages 386
article thumbnail

Why Remarketing (AKA Retargeting) May Be The Best Lead Gen Tactic For Agents

Easy Agent Pro

Remarketing is a powerful marketing tool used by many brands in the online world. In this age of technology, it’s incredible what capabilities lie in the hands of online marketers trying to capture the attention of the millions of users who browse the Internet daily. Whether they’re reaching out through display ads on various web pages, videos ads shown before the main event, or popups showcased on mobile apps and games, marketers reach out to users constantly, hoping to entice and encourage the

Agents 122
article thumbnail

Sizing up claims of appraisers’ racial bias

Housing Wire

This is Part II of HousingWire’s deep dive into the appraisal profession, and the wave of racial bias claims that has rocked it. In Part I, we looked at the origins of the profession, its present demographic makeup and leadership, and the many struggles of appraisers. In Part II, we examine the evidence around race-based discrimination by appraisers.

article thumbnail

Rising Material Challenges, Declining Builder Sentiment

Eye on Housing

Rising material prices and supply-chain shortages resulted in builder confidence dipping to its lowest level since August 2020. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows that builder confidence in the market for newly built single-family homes fell two points to 81 in June. Despite the monthly decline, the reading above 80 is still.

Marketing 119
article thumbnail

The 2025 Real Estate Roadmap to Success

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.

article thumbnail

Former Ellie Mae VP joins Notarize as GM

Housing Wire

Former Ellie Mae vice president Terri Davis has joined Notarize as general manager for its real estate-related business. Davis has worked in digital real estate for more than 20 years, holding positions at Fannie Mae, Ellie Mae, and PMI, to name a few. At Ellie Mae – now ICE Mortgage Technology — she held positions such as vice president of sales and client management, vice president of enterprise accounts, and general manager of the AllRegs platform.

article thumbnail

California First-Time Home Buyer: 2021 Programs & Grants

The Mortgage Report

California has countless sources of advice, education, and financial help for first-time home buyers. Learn about programs, grants, and loan options.

Loans 119
article thumbnail

Fleeing Canada’s Large Cities Makes Less Sense As Suburban Prices Soar: BMO

Better Dwelling

Homebuyers fled big cities like Toronto during the pandemic, searching for suburban deals. Most of those deals are now gone, as small cities and rural Ontario saw prices soar. BMO senior economist Robert Kavcic argues this in his latest client research note. The gap between buying in a big city like Toronto, and a small […]. The post Fleeing Canada’s Large Cities Makes Less Sense As Suburban Prices Soar: BMO appeared first on Better Dwelling.

111
111
article thumbnail

The Top 10 Best US Real Estate Markets in 2021

Point2Homes

Image: Real Window Creative / Shutterstock.com. Most experienced agents agree that this year marks a turning point for real estate. But what are the strongest housing markets in 2021, and is now really the time to invest? When the pandemic hit full force in early 2020, many potential sellers and homebuyers held off. As demand for property went down, real estate prices decreased.

Marketing 111
article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

article thumbnail

Terrible things buyers do to upset their realtors

Realty Biz

Real estate agents are a crucial part of real estate. They help buyers identify their dream properties and guide them through the buying process, making it easy for them. A good realtor is well-informed about current market trends, knows the worth of a property and its neighborhood, and is proficient in handling every legal process and documentation formalities associated with real estate investments.

article thumbnail

Meet The Real Estate Tech Entrepreneur: Michael Jimenez from Xchange.Loans

GeekEstate

This week, we interviewed Michael Jimenez from Xchange.loans. Let’s get to it! Who are you and what do you do? I’m a co-founder and the CXO of Xchange.Loans- The online marketplace for non-performing loans. Which is still pretty opaque and vague. When a lender has an asset- typically a non-performing loan- that they want off their books they come to our marketplace to sell that asset to qualified buyers for cash.

article thumbnail

Post-Winter Storm Uptick for Sawmill Output in March

Eye on Housing

The historic climb for lumber prices, combined with delays and higher costs for other building materials, is a significant limiting factor for home building in 2021.

article thumbnail

Mortgage and refinance rates today, June 15, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday, as expected. But they’re still a lot better than they were this time last week. As of this morning, […].

Mortgages 105
article thumbnail

Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

article thumbnail

Fathom Leadership Presenting at Roth Virtual London Conference

RIS Media

Fathom Holdings Inc. recently announced that CEO Joshua Harley and Marco Fregenal, president and chief financial officer, will participate in the Roth Virtual London Conference on Tues., June 22. The conference will consist of small group and one-on-one investor meetings by invitation only. For more information, please visit www.fathomrealty.com. The post Fathom Leadership Presenting at Roth Virtual London Conference appeared first on RISMedia.

Investor 105
article thumbnail

Zillow: This HUGE patent grab has us asking, what’s left?

The American Genius for Real Estate

(REAL ESTATE CORPORATE) Zillow’s latest patent bid is terrifyingly broad and will likely lead to a real estate monopoly, if it's granted. The post Zillow: This HUGE patent grab has us asking, what’s left? appeared first on The American Genius Real Estate.

105
105
article thumbnail

REALTORS® Are Part of the Problem With This Inventory Crisis

RIS Media

The extremely slow start to the year is not just a fault of the pandemic; nor is it just sellers who were too scared to list their homes. It pains me to say this, but it is also because REALTORS® aren’t doing enough to make their clients feel comfortable. It is our job as REALTORS® to educate clients and help them understand that they can list their home without the risk of ending up homeless.

Sales 105
article thumbnail

Colorado First-Time Home Buyer: 2021 Programs & Grants

The Mortgage Report

First-time home buyers in Colorado have access to low- and no-money-down loan programs. Some may even qualify for grants to cover their down payment.

Loans 105
article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

article thumbnail

Social Skills: Spruce Up Your Social Media Content

RIS Media

Generating leads may be the goal of every agent’s social media marketing strategy, but content is the fuel that drives traffic to your page. Real estate professionals can reap serious benefits by sprucing up the cache of content featured on their social media pages to keep up with changing user trends. From creating a series to leaning on automated assistance, there are at least four ways to attract new followers and renew client interest through better content.

Branding 105
article thumbnail

Minutes of the Monetary Policy Meeting of the Reserve Bank Board

Real Estate Investar

Full minutes of the meeting follow.

Banks 105
article thumbnail

Other Agents Are Not the Enemy

RIS Media

People have a tendency to assume that anyone sitting on the other side of the table during a transaction is an enemy. However, that mindset is detrimental to everyone involved. In the world of real estate, relationships are crucial, and that includes cultivating relationships with other agents. It’s a Small World. The expression may seem cliché, but you know, have met or at least have an impression of the other agents in your area, and they have an impression of you.

Agents 105
article thumbnail

The Most Luxurious New Construction Condo Developments in the U.S. Right Now

Realty Biz

Residential construction in the U.S. has slowed a bit in 2019, which isn’t exactly great timing considering housing affordability is at its lowest point in about a decade. Despite declines in both affordability and availability, however, the luxury new construction condo market across the country features more than a few intriguing options, starting with these high-profile developments: 1000M – Chicago, IL.

article thumbnail

The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

article thumbnail

How to Keep Closing Costs Down When Refinancing Your Mortgage

RIS Media

Refinancing your mortgage might help you lower your monthly payments and save tens of thousands of dollars in interest over the life of the loan. A refinance typically comes with closing costs, a series of fees that can cost thousands of dollars up front. You might be able to keep your closing costs down or avoid them altogether, but you need to be careful to avoid paying more later.

article thumbnail

How to Incorporate Pantone’s Color Of The Year Into Your Décor

Homes.com

Pantone's Color of the Year is actually two! The combo of sunny yellow and strong gray is strikingly complementary, and makes a statement in any room. The post How to Incorporate Pantone’s Color Of The Year Into Your Décor appeared first on Homes.com.

100
100
article thumbnail

Connecting With Viable Leads

RIS Media

Ventura County Real Estate Couple Sees Continued Success With Homes.com . In 2001, Jack Stevenson moved to St. George, Utah, to develop houses and spent nine years doing mortgages with his brother-in-law before moving back to California, settling down in the Camarillo area in 2009. It was then that he switched over to the real estate side of the industry, with his wife, Bonnie, getting her license and joining him six years ago.