Housing Wire
AUGUST 29, 2023
Home prices showed resilience in June as low supply drove demand in spite of high mortgage rates. The S&P CoreLogic Case-Shiller home price index posted a 0.7% month-over-month increase after a seasonal adjustment in June — marking the fifth consecutive monthly increase. Meanwhile, the 10-City and 20-City composites both posted increases of 0.9%.
Keeping Current Matters
AUGUST 29, 2023
Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider.
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Housing Wire
AUGUST 29, 2023
Reviewing appraisal imagery, an essential step in the valuation review process, is time-consuming and laborious. CoreLogic developed Image Analytics to drive innovation in the appraisal review process and help lenders and mortgage industry professionals analyze property images quickly and accurately. This technology eliminates the need for manual, multi-touchpoint review, which saves time and reduces errors.
Real Estate News
AUGUST 29, 2023
The latest Case-Shiller data found that prices continued to creep up through June, returning to peak levels. But things may shift this fall.
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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.
Housing Wire
AUGUST 29, 2023
The Leslie Clarke Team, the top small agent team in Connecticut according to RealTrends , is joining the Connecticut office of Compass , the company announced on Tuesday. The move comes as Compass expands its tech offerings for agents. “This transition provides me access to the industry’s premier technology platform, an energetic office culture, and an expansive referral network spanning the nation,” said Clarke, whose team was previously part of William Raveis.
Real Estate News
AUGUST 29, 2023
A proactive approach could help MLSs better manage any potential changes to their business models.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
AUGUST 29, 2023
Who's in a position to decide what should happen, and what's next for the leadership at The National Association of Realtors?
Housing Wire
AUGUST 29, 2023
Mat Ishbia , chairman and chief executive officer at United Wholesale Mortgage (UWM), provided more than half of the mortgage company’s outstanding shares as a guarantee to secure loans ahead of the acquisition of the Phoenix Suns , according to a Bloomberg report. According to the report, Ishbia pledged stock he controls to back two loans that were finalized days before his purchase of the Suns was approved.
Inman
AUGUST 29, 2023
Agents and industry leaders said National Association of Realtors President Kenny Parcell's resignation is the first step in making the organization safer for female employees and members.
Housing Wire
AUGUST 29, 2023
Texas continues to outpace other states in attracting new residents, according to migration data from John Burns , with Houston, San Antonio and Fort Worth showing strong housing demand. The other top cities for in-migration include Jacksonville, Florida, Charlotte, North Carolina, and Nashville, Tennessee. However, the Austin housing market, which boomed during the pandemic , is now seeing barely positive migration numbers, along with Phoenix , Arizona, and Las Vegas, Nevada.
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.
Inman
AUGUST 29, 2023
U.S. home prices rose to within 0.02 percent of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA.
Housing Wire
AUGUST 29, 2023
American Bank of Oklahoma has agreed to invest $1.5 million in credit opportunities for neighborhoods of color in the Tulsa metropolitan area as a settlement with the Department of Justice in an alleged redlining case. The bank denies the allegations. The DOJ complaint, filed in federal court, claims that the bank failed to provide mortgage lending services from 2017 through at least 2021 in neighborhoods in and around Tulsa , including those that were the site of the 1921 Tulsa Race Massacre.
Inman
AUGUST 29, 2023
The best real estate agents and the people who operate at the highest levels of the industry are not tactical, they are strategic, writes Nick Schlekeway. In part three of his five-part series, he looks at the importance of strategic planning.
Housing Wire
AUGUST 29, 2023
Homebuilders are poised for a strong next few months if recent history is any guide, based on data published last week by the U.S. Census Bureau and the Department of Housing and Urban Development. Fall months in recent years have yielded higher home prices and less time on market for new homes than the rest of the year, with last September and October setting records in both categories.
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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.
Inman
AUGUST 29, 2023
Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City.
Housing Wire
AUGUST 29, 2023
The second quarter 2023 was a boon for real estate teams, beating out financial performance in Q1 2023 , according the Streamlined Quarterly Team Benchmarking Report, which looked at the financial performance of more than 200 teams across the nation. Steamlined, based in Arizona, has a roster of hundreds of U.S. real estate teams and individual agents as clients for their accounting and bookkeeping services.
Inman
AUGUST 29, 2023
"Our original mission was to provide shelter and security to our communities," writes Teri Conrad, a 16-year industry vet. "But somewhere along the way, we got lost in pursuing wealth and power.
Housing Wire
AUGUST 29, 2023
Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage. Understanding and optimizing each stage of this funnel is critical to streamline recruitment and attract top-tier talent.
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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.
Inman
AUGUST 29, 2023
Top Agent Network's case against the National Association of Realtors' Clear Cooperation Policy will move forward after the Ninth Circuit court ruled to overturn a lower court ruling on Monday.
Housing Wire
AUGUST 29, 2023
Maryland-based lender Lower sued four former employees for fraud which it says has cost the firm more than $4 million in financial losses. Lower also accused Texas-based lender AmCap Mortgage of conspiring in a scheme with its former employee to induce other staff to abruptly leave Lower. Jason Ozment, Lower’s former vice president and branch manager in Plano, Texas, misappropriated vast amounts of confidential business and trade secret information concerning its business and its customers, incl
Inman
AUGUST 29, 2023
Lexington Law and CreditRepair.com parent Progrexion filed for bankruptcy protection in June after the court ruled collection of upfront fees violated the Telemarketing Sales Rule.
Housing Wire
AUGUST 29, 2023
At the height of the Great Depression In 1932, Ole Kirk Christiansen, a Danish carpenter, had fallen on hard times. With few jobs available, he began crafting wooden toys in his workshop to make ends meet for his wife and three boys. It was a humble beginning for what would become one of the most iconic and beloved brands by people all over the world.
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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.
Inman
AUGUST 29, 2023
Our management team averages 12 years on the job, providing continuity essential to our residents and our business. Here’s how we do it.
Housing Wire
AUGUST 29, 2023
U.S. job openings fell in July, declining to an early 2021 level. A few weeks ahead of the next Federal Open Market Committee meeting, this latest data release offers fresh evidence that the labor market is cooling. The number of job openings edged down to 8.8 million in July from 9.17 million in June, the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey , or JOLTS, showed on Tuesday.
Inman
AUGUST 29, 2023
The last mile of lead generation, where an agent connects with a client, is what tech can't recreate on its own, Mike DelPrete argues.
Housing Wire
AUGUST 29, 2023
In the dynamic realm of digital real estate, discovering fresh growth hacks can be the key to inching ahead of competitors. Today, I want to unpack a growth hacking approach I employed on a real estate website I manage. The outcome? A noticeable uptick in traffic, proving the value of thinking outside the box. Most real estate sites feature landing pages tailored to broad search terms—think “homes for sale in New York” or “apartments for rent in Boston.” But here’s
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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.
Inman
AUGUST 29, 2023
Better's market share has shrunk by more than 70 percent in the last year as it focuses on making more profitable loans, with partners like Ally Bank and American Express generating 42 percent of its mortgage business.
Seattle Times Real Estate
AUGUST 29, 2023
The closure of the Bartell Drugs store in the Uptown neighborhood leaves Seattle without a 24-hour pharmacy.
Bigger Pockets
AUGUST 29, 2023
Growing a real estate business with multiple rentals and HUGE cash flow…in just two years!? How do you get so many deals done in such little time?
RIS Media
AUGUST 29, 2023
Equip your agents with effective safety techniques to identify possible threats through situational awareness. Join Geoff Fahringer—a REALTOR®, safety instructor, and former law enforcement officer—in this session on September 13th at 12:00 PM CT and be part of cultivating a culture of proactive safety within your firm. Register now! The post NAR’s Safety Month Webinar: Unmasking Threats appeared first on RISMedia.
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