Housing Wire

APRIL 19, 2024

Luxury home prices in the U.S. surged by 8.7% year over year in the first quarter of 2024, with the median price hitting a record $1.225 million, according to data from Redfin. In comparison, prices for non-luxury homes rose by 4.6% to a median of $345,000, which is also a record high. Redfin defined luxury homes as those estimated to be in the top 5% of their metro area based on market value, while non-luxury homes are those with estimated values in the 35th to 65th percentile.

Equity 466

Equity Sales Mortgages Marketing 466

Real Estate News

APRIL 19, 2024

This week, Zillow CEO Rich Barton praised Realtor.com CEO Damian Eales’ latest push to educate homebuyers about changes coming to the industry.

Industrial 301

Industrial 301

Housing Wire

APRIL 19, 2024

Ginnie Mae has filed a point-by-point response to the initial complaint of the case brought against it by Texas Capital Bank (TCB), which alleges that the government-owned company “extinguished, in return for no consideration, TCB’s first priority lien on tens of millions of dollars in collateral” stemming from the Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) program.

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Banks Title Equity Development 441

Real Estate News

APRIL 19, 2024

Active listings are back to pre-pandemic levels, but home prices — and home insurance costs — keep going up, creating a tough market for buyers and sellers.

Marketing 261

Marketing 261

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Agents

Housing Wire

APRIL 19, 2024

Alicia Goncalves has joined the Mortgage Bankers Association (MBA) as director of associate membership, the trade association announced on Friday. In this role, Goncalves will serve as the primary point of contact for MBA’s associate members, supporting their business efforts and enhancing their engagement with MBA. “Alicia is a passionate industry advocate who brings nearly two decades of expertise and success in the mortgage business,” Laura Hopkins, MBA’s vice president of membership, said in

Mortgages 431

Mortgages Design Industrial As-is 431

Real Estate News

APRIL 19, 2024

Drussy Hernandez said the move was necessary due to “external professional obligations.” CAR president-elect Erika Villegas will take over the role on May 15.

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Inman

APRIL 19, 2024

With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth.

Mortgages 199

Mortgages Marketing 199

Real Estate News

APRIL 19, 2024

After encouraging reports from 2022, new data shows the appraisal gap continued to shrink throughout much of the U.S. in 2023.

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Inman

APRIL 19, 2024

Frustrated and anxious about economic conditions? Trainer Bernice Ross writes that, instead of waiting for change, agents can move forward with confidence by following these strategies.

Agents 190

Agents MLS Brokerage Marketing 190

RIS Media

APRIL 19, 2024

Reliance—a leading U.S. real estate technology company—has partnered with Hegg, REALTORS® Inc. to unveil the South Dakota-based real estate brokerage’s new website, featuring Reliance’s cutting-edge hyperlocal search engine. The oldest real estate company in South Dakota, Hegg is a part of Edina Realty and a Berkshire Hathaway affiliate, according to a release.

Brokerage 128

Brokerage Technology Industrial Agents 128

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

APRIL 19, 2024

The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out.

MLS 185

MLS Brokerage 185

RIS Media

APRIL 19, 2024

Above, John Coake. Last fall, Compass acquired Realty Austin and Realty San Antonio—a boutique firm with four offices boasting two decades of familiarity and success in their respective Texas markets. According to John Coake, the newly acquired company’s head of sales and broker associate, the move provides a unique opportunity. “Joining Compass has elevated our… The post Setting the Stage for Smoother Real Estate Transactions appeared first on RISMedia.

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Staging Sales Marketing Industrial 126

Inman

APRIL 19, 2024

The reality TV star has left the Eklund Gomes Team at Douglas Elliman to start the Erin + Alex Team at Compass with the firm's Alexandra Hedaya. The team will operate in New York, the Hamptons and Florida.

Brokerage 184

Brokerage Agents 184

RIS Media

APRIL 19, 2024

The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the latest release from The Conference Board. March’s LEI is down 2.2% over the six-month period between September 2023 and March 2024—down from its 3.4% contraction over the previous six months. February’s 0.2% increase was the… The post Leading Economic Indicators Fall Slightly in March appeared first on RISMedia.

Industrial 122

Industrial Marketing 122

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Sales

Inman

APRIL 19, 2024

With new clients including USA Mortgage and New American Funding, Matic says it's doing business with more 100 mortgage lenders and servicers that together process 20 percent of U.S. home loans.

Mortgages 184

Mortgages Loans Banks Technology 184

RIS Media

APRIL 19, 2024

Inflation. Interest rates. Inventory shortage. Add to that a court decision that found major real estate players guilty of price fixing—along with the contagion of copycat lawsuits that ensued—and 2023 goes down as potentially the most trying year in the history of residential real estate. Plagued by a post-pandemic housing recession that is stretching into… The post RISMedia’s 2024 Power Broker Report: Continued Pain, Then Hopes of Gain appeared first on RISMedia.

Residential 122

Residential As-is Sales Industrial 122

Inman

APRIL 19, 2024

RealPage's Lumina is being rolled out to automate a number of the supporting tasks that drive the large facets of its solution, helping an array of commands and tasks perform faster, much of which is made possible by the massive dataset from which it can learn.

Property Management 178

Property Management Technology 178

Seattle Times Real Estate

APRIL 19, 2024

Fifty-three percent of Seattle-area renters saw their monthly rent jump more than $100 in the past year, according to a new survey, FYI Guy writes.

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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

APRIL 19, 2024

AI, green building and energy transition, and property and transaction management solutions are still seen as stable investments by VC firms, recent reports show, despite an overall decline in investments in proptech.

Property Management 176

Property Management Banks Technology 176

RIS Media

APRIL 19, 2024

BoomTown ROI, a real estate proptech company, confirmed Thursday that the cause of a multi-day system outage affecting potentially thousands of real estate professionals, was a system-wide hack from a malicious third-party source that began on April 10. The company, which provides real estate management software including IDX websites, lead generation and management and CRM… The post BoomTown Confirms System-Wide Hack by Third-Party appeared first on RISMedia.

MLS 119

MLS Technology Industrial Agents 119

Inman

APRIL 19, 2024

There's been a heapin' helpin' of new developments in the commission lawsuits. Here's how to pivot and be ready for whatever comes next.

Agents 187

Agents Development MLS Brokerage 187

RIS Media

APRIL 19, 2024

Better Homes and Gardens Real Estate The Platinum Collective, based in Newcastle, Oklahoma, is the latest firm to join the lifestyle real estate brand. The white-glove full-service company assists clients in a wide range of real estate transactions, including assistance with luxury residential listings, ranch and rural properties, new construction, commercial sales, land sales and… The post Oklahoma Brokerage Affiliates with Better Homes and Gardens Real Estate appeared first on RISMedia.

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Brokerage New Construction Commercial Land 119

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

APRIL 19, 2024

The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.

Industrial 175

Industrial MLS Brokerage Technology 175

RIS Media

APRIL 19, 2024

In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid affordability woes, according to the Mortgage Bankers Association (MBA). Mortgage applications for new-home purchases rose 6.2% in March compared to the same period last year, according to data from the MBA’s Builder Application Survey (BAS).… The post New-Home Mortgage Applications Jump in March Despite Fewer Sales, MBA Reports appeared first on RISMedia.

Sales 115

Sales Mortgages New Construction Construction 115

Inman

APRIL 19, 2024

Once you've passed your real estate exam, broker Joseph Santini writes, your first order of business will be deciding what type of brokerage will serve you best in your new career.

Brokerage 170

Brokerage Agents 170

Bigger Pockets

APRIL 19, 2024

New York State legislative leaders have agreed on a preliminary housing deal aimed at tackling affordability and supply problems, which are especially severe in New York City.

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Agents

Inman

APRIL 19, 2024

Warwick recently double-ended Colorado's first-ever, six-figure sale in the representation of an off-market property on Aspen's picturesque Willoughby Way. He shared with Inman what makes the market so hot.

Sales 170

Sales Marketing Agents 170

Bigger Pockets

APRIL 19, 2024

In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties.

As-is 112

As-is Investor 112

Inman

APRIL 19, 2024

Kari Watkins, Chris Fleming and Donna Weaver were forever changed by the April 19, 1995, Oklahoma City bombing. Twenty-nine years later, they reflect on life since.

Marketing 176

Marketing 176

Realty Biz

APRIL 19, 2024

Construction sites prioritize safety, which extends to the vendors they work with, including roll-off dumpster rental companies and basement waterproofing services. Here, we’ll discuss the advantages of basement waterproofing and roll-off dumpster rentals and professional tips for their responsible use. Key Benefits of Basement Waterproofing Structural Integrity: Water seepage can lead to cracks in foundations and walls, causing serious structural damage.

Construction 101

Construction Inspection Design Renovation 101

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