Tom Ferry
MAY 18, 2023
How can you maintain a healthy work/life balance when today’s market demands more of you than ever before? This week’s blog is all about work/life balance… But Tom, hasn’t your entire message been that you need to work more, work harder, double down on your business, and continue to serve more than ever? Yes, it […] The post Creating Work/Life Balance in Today’s Real Estate Market appeared first on Tom Ferry.
Housing Wire
MAY 18, 2023
Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. Why is this so important to me? If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. I would say it’s savagely unhealthy to have that level and even though we’re not there yet, we are dangerously close.
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Real Estate News
MAY 18, 2023
The 30-year fixed-rate mortgage has teetered between about 6.3-6.4% in recent weeks, a possible sign that rates are leveling out.
Housing Wire
MAY 18, 2023
Despite a marked improvement from the fourth quarter of 2022, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks still lost a mountain of money in the first quarter. On average, IMBs reported a net loss of $1,972 on each loan originated from January to March, a 35% improvement from the reported loss of $2,812 per loan in the fourth quarter of 2022, according to the Mortgage Bankers Association (MBA).
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Real Estate News
MAY 18, 2023
eXp snags 200-person team; E&V expands to D.C. and Sarasota; The Agency opens in Indianapolis; Christie's launches in Puerto Rico; Real gains VA and FL teams.
Housing Wire
MAY 18, 2023
Existing home sales declined yet again in April, according to a report from the National Association of Realtors (NAR), released Thursday. After posting a surprise 14.5% monthly increase in February , existing home sales were back down again in March , a trend that continued into April, with existing home sales posting a 3.4% monthly decline to a seasonally adjusted annual rate of 4.28 million.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 18, 2023
A hearing held by the U.S. House of Representatives Financial Services Subcommittee on Housing and Insurance on Wednesday took a critical look at the Federal Housing Finance Agency (FHFA) policies that initially spurred the controversial loan-level pricing adjustment (LLPA) for conventional borrowers with debt-to-income (DTI) levels at or above 40%.
Keeping Current Matters
MAY 18, 2023
The spring housing market has been surprisingly active this year.
Housing Wire
MAY 18, 2023
Chicago-based technology company Gateless announced this week that Guaranteed Rate , a Chicago-based leading mortgage lender, has implemented its Smart Underwrite solution, a groundbreaking technology that aims to transform the borrower experience. In a fast-paced real estate market, many potential homebuyers miss out on their dream homes due to the lengthy mortgage approval process.
Inman
MAY 18, 2023
Sisu, a proptech that combines sales cycle and workflow automation with performance tracking technology, said Client Portal 2.0 aims to refine how agent teams interact with critical vendors.
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.
Housing Wire
MAY 18, 2023
America is strongest when her people are strong. Therefore, when considering policy to improve our nation, we should always incentivize striving with an emphasis on equality of opportunity, understanding that a rising tide lifts all boats. In my role as president of the Jack Kemp Foundation , I moderated an “Innovations in Affordable Housing” webinar.
Inman
MAY 18, 2023
Watch the new Inman Access classes and learn the essentials for breaking into the luxury market and the importance of creating community.
Housing Wire
MAY 18, 2023
Did you know Logan Mohtashami — the chart guy — got his professional start working as a pizza boy? From serving delicious food to serving career-changing mortgage data like no one else can, Mohtashami is a force to be reckoned with. Twitter trolls beware. Mohtashami, lead analyst at HousingWire, will share his chart-powered wisdom at HousingWire Annual 2023 through his keynote, “Making Sense of Wild Housing Data for 2023.
Inman
MAY 18, 2023
Check out the earnings-related news to see how your brokerage or favorite real estate-related investment fared in the first three months of 2023.
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Housing Wire
MAY 18, 2023
The Association of Independent Mortgage Experts (AIME) called on the NMLS policy committee to make it a requirement for every state to adopt a broker-specific license option amid the committee seeking feedback on a proposal to adopt a standardized approach for the mortgage industry licensing. The NMLS does not require mortgage brokers to provide audited financials to the agency every year, but there are 18 states that don’t have broker-specific licenses.
Inman
MAY 18, 2023
Using automated outreach and qualification workflows, Humaniz removes the manual, repetitive tasks to shrink the process and allow business managers to merely decide from a system-delivered list of sound candidates, the company said.
Housing Wire
MAY 18, 2023
FormFree , a leading provider of mortgage lending technology , announced on Wednesday that it has appointed Jonathan Nahil as its new chief technology officer (CTO). Nahil brings to the role over 20 years of experience as a software architect and leader of development teams in renowned technology organizations. “I’ve helped organizations break the status quo with innovative technologies, and I look forward to helping FormFree do just that with products that enable lenders to support
Inman
MAY 18, 2023
The National Asian American Coalition said only a small percentage of the counseling sessions it billed California $12 million for was actually provided.
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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.
Housing Wire
MAY 18, 2023
Denver, Colorado-based Incenter Mortgage Advisors (IMA) on Thursday announced the launch of a new digital mortgage servicing rights exchange. The marketplace, known as eMSR Exchange, connects buyers and sellers of co-issue flow offerings online and provides pricing 24/7. Co-issue loan sales, also known as flow-based mortgage servicing rights sales , are three-way transactions involving the sale of loans to one of the agencies, with a simultaneous sale of the MSRs to a separate third party.
Inman
MAY 18, 2023
Economic headwinds and booming interest rates pushed sales down by 3.4% in April as inventory soared 7.
Bigger Pockets
MAY 18, 2023
Applying for a loan? These 10 terms will be useful to know when you start your negotiations.
Inman
MAY 18, 2023
On May 8, Gov. Ron DeSantis signed Senate Bill 264. The new law restricts real estate purchases in the state by citizens of China, Russia, Iran, North Korea, Cuba, Venezuela and Syria.
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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.
Bigger Pockets
MAY 18, 2023
The most significant wealth transfer in American history could be upon us.
Inman
MAY 18, 2023
Learn how this New York broker navigates the high-stakes "grit and glam" of residential real estate in the Big Apple.
Bigger Pockets
MAY 18, 2023
Early retirement is possible for almost anyone, no matter where you start or how much you make.
Inman
MAY 18, 2023
You might know Bre Tiesi from headlines about her son with Nick Cannon or her ex, Johnny Manziel, but right now she's focused on shaking up the Selling Sunset cast. Get the Real Tea on Bre Tiesi and her first season at The Oppenheim Group.
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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.
RIS Media
MAY 18, 2023
Existing-home sales dropped 3.4% from March to a rate of 4.28 million in April, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. NAR’s latest data on existing homes for April found that year-over-year, sales fell by 23.2%, down from 5.57 million last year. Additionally, all four major regions registered month-over-month… The post Existing-Home Sales Drop 3.4% as High Prices and Low Inventory Challenge the Market appeared first on RISMedia.
Inman
MAY 18, 2023
From voting to raise membership dues to requiring fair housing training to learning best practices for artificial intelligence, Realtors are steering their own fate in the industry.
RIS Media
MAY 18, 2023
RISMedia is excited to announce a new partnership with Stellar MLS, the largest multiple listing service in Florida and Puerto Rico serving over 80,000 customers to bring its best-in-class articles and need-to-know information to Stellar’s subscribers via RISMedia Premier News service. Stellar MLS will deliver a selection of RISMedia content to its subscribers, including breaking… The post RISMedia Announces Partnership With Florida’s Stellar MLS appeared first on RISMedia.
Inman
MAY 18, 2023
The company set the standard for easy digital advertising campaigns for real estate agents and brokerages, using retargeting and fast onboarding to place agents across the internet.
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