Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. According to data from Statista , there were roughly 5.95 million homes bought and sold in the U.S. last year.

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Loan Officer Equity Finance Loans 396

Real Estate News

MAY 25, 2023

The value prop of MLSs as data aggregation organizations could be industry-changing. But like in "Moneyball," they'll need to play the game differently.

Industrial 263

Industrial 263

Housing Wire

MAY 25, 2023

Texas-based Colonial Savings, F.A. has decided to exit the origination business amid one of the most challenging cycles in decades, provoked by the Federal Reserve ‘s tightening monetary policy and a banking crisis. The company will focus on full-servicing banking and mortgage servicing businesses, it announced on Thursday. The origination activity will cease effective July 31, 2023, but all outstanding mortgage loans will continue to be serviced in accordance with the terms and condit

Mortgages 382

Mortgages FHA loan Loan Officer Banks 382

Real Estate News

MAY 25, 2023

Low inventory combined with a lack of affordability continues to stifle spring sales nationally, though numbers were up in some regions.

Sales 259

Sales 259

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Agents

Housing Wire

MAY 25, 2023

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). Year over year, pending home sales were down 20.3%, an improvement on the 23.3% annual drop recorded in March. “The housing market looks different than it does during a typical spring, when the market is usually in full gear,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

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Sales MLS Banks Mortgages 377

Real Estate News

MAY 25, 2023

The 30-year fixed-rate mortgage rose to 6.57%, according to Freddie Mac’s weekly survey, while a daily survey put rates above 7%.

Fixed-rate mortgage 245

Fixed-rate mortgage Mortgages 245

Real Estate News

MAY 25, 2023

NAR was unsuccessful in its attempt to overturn the class action status of the $13 billion Moehrl suit.

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264

Keeping Current Matters

MAY 25, 2023

If you’re trying to decide if now’s the time to sell your house, here’s what you should know.

Marketing 225

Marketing 225

Inman

MAY 25, 2023

A federal appeals court on Wednesday denied a request from NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America to overturn class certification in the Moehrl lawsuit.

MLS 156

MLS Brokerage 156

Sotheby's International Real Estate

MAY 25, 2023

Canning Properties Group – Sotheby’s International Realty – Carmel Brokerage Perhaps the purest expression of strength, freedom, and beauty is a horse galloping across an open pasture. This could be why so many make equestrian homes such a high aspiration: these properties embody grace, grandeur, and leisure—all the same attributes as horses themselves.

Brokerage 110

Brokerage As-is 110

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Inman

MAY 25, 2023

Although buyers provide a payday, listings give you the opportunity to grow your business and raise your profile in the local market. Jimmy Burgess and Curaytor's Jimmy Mackin discuss a strategy for maximizing the value potential of your next listing.

Marketing 139

Marketing Agents 139

RIS Media

MAY 25, 2023

The tug of war between ongoing inventory challenges in the existing-home market and homebuyer interest hasn’t let up. According to the latest data from the National Association of REALTORS® (NAR), pending home sales remained subdued in April amid persistent strains on consumers. NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based… The post Pending Home Sales Remain Unchanged Since March Dip appeared first on RISMedia.

Sales 106

Sales Marketing MLS Industrial 106

Inman

MAY 25, 2023

Watch the new Inman Access classes to better understand how to shift your mindset for business growth and discover the keys to inspire agent success and productivity in today's market.

Agents 138

Agents Marketing Brokerage 138

RIS Media

MAY 25, 2023

The choices of the Federal Reserve over the last year or two—and particularly in the last month—have been deeply scrutinized. After years of low rates and relatively loose monetary policy, the central bank was quick to slash rates to zero and unleash quantitative easing as the pandemic ravaged economies around the world. But starting in… The post Fed Divided, Awaiting Data Before Rate-Hike Decision appeared first on RISMedia.

Banks 104

Banks Industrial Marketing Agents 104

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Sales

Inman

MAY 25, 2023

A well-designed email with meaningful content helps to build your brand while you generate and nurture leads, writes broker Eric Bramlett. It's an incredibly effective, efficient and affordable way to reach your SOI and local market.

Branding 135

Branding Design Marketing Agents 135

RIS Media

MAY 25, 2023

The 30-year fixed-rate mortgage (FRM) averaged 6.57% this week, up from 6.39% last week, to where it returned after a brief and only slight dip earlier in May. This is according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 6.57% as of May… The post Mortgage Rates Increase for Second Week in a Row appeared first on RISMedia.

Fixed-rate mortgage 98

Fixed-rate mortgage Mortgages Marketing As-is 98

Inman

MAY 25, 2023

Davis's attempt to overturn a ruling sending the case to arbitration failed after a three-judge panel granted a motion to dismiss filed by Keller, Keller Williams and former KW President Josh Team.

Brokerage 133

Brokerage 133

Broke Agent Media

MAY 25, 2023

Agents across the U.S. are hearing the same question from buyers: Am I overpaying on this home purchase? George Ratiu , the Chief Economist for Keeping Current Matters (KCM) , says, “No.” Last week, he joined Byron Lazine, Tom Toole, and Lisa Chinatti on the Knowledge Brokers Podcast to share three reasons why buyers aren’t overpaying—even in markets that are seeing multiple offers and over-asking bids.

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Construction New Construction Equity Mortgages 98

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.

Agents

Inman

MAY 25, 2023

Stay, go or go back? When you’re not content with your real estate brokerage, it can be tough to make the choice. Here, The Agency’s Farah Levi gives guidance on things to consider before making a major move.

Agents 128

Agents Brokerage 128

RIS Media

MAY 25, 2023

As stubborn macro-economic issues continue to decelerate residential real estate sales, brokers are retooling their strategies and business plans to keep agents productive and company revenue in the black. This September, five seasoned and dynamic brokerage operators will outline the specific steps they’re taking to safeguard profitability in a tight market during the panel discussion,… The post CEO & Leadership Exchange Preview: Staying Profitable in Tough Times appeared first

Residential 97

Residential Brokerage Agents Sales 97

Inman

MAY 25, 2023

Being the leader of a real estate agency requires a deep commitment to supporting your agents in every way possible to ensure their success and well-being, writes Seattle broker Adriano Tori.

Agents 124

Agents Development Brokerage 124

NAR: Economic Outlook

MAY 25, 2023

Long-distance Movers: Why Did They Move and How? Why are homeowners moving, how did they search for their new homes, and how did they ultimately purchase their homes?

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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.

Agents

Inman

MAY 25, 2023

NAR numbers show that, while most regions of the country saw month-over-month gains, pending home sales in the Northeast pulled down the national average.

Sales 127

Sales Marketing 127

HomeLight

MAY 25, 2023

You’ve been searching online and found a few homes that meet your criteria of three bedrooms and two bathrooms. But as you read the listing descriptions that indicate one house is on 0.23 acres and another has a lot size of 8,730 square feet, you’re baffled by what these numbers actually represent. Your digital assistant tells you that an acre is the same as 43,650 square feet , but you’re still perplexed as you compare listings and try to visualize yard size, RV space, or the proximity of adjac

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Land Residential Agents As-is 95

Inman

MAY 25, 2023

The portal's co-founder and former CEO also said that Zillow's impact includes creating tens of thousands of new "super agents.

Agents 137

Agents Technology Industrial 137

RIS Media

MAY 25, 2023

If you work from home, much of your day is spent in your home office. Therefore, this must be an intentionally designed space to help increase your focus, production and overall comfort. The layout, furniture, decor and general environment are all essential factors. If you’re designing a home office, read on for the most common… The post Home Office Design Mistakes appeared first on RISMedia.

Design 95

Design 95

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Agents

Inman

MAY 25, 2023

Being named to Entrepreneur magazine's 2023 Franchise 500 list puts some wind in the sails of the company's long-term goals.

Mortgages 123

Mortgages Finance Brokerage 123

HomeLight

MAY 25, 2023

Most real estate agents in Nevada get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year.

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MLS Agents Brokerage Sales 94

Inman

MAY 25, 2023

Find out how Pennsylvania independent broker Erica Ramus got her start and what advice she'd offer to brokers and agents.

Agents 121

Agents Brokerage 121

HomeLight

MAY 25, 2023

Most real estate agents in New York get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year.

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Agents MLS Sales Brokerage 87

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.

Sales