Housing Wire
APRIL 7, 2023
Given Friday’s job report , those who have been concerned with entrenched 1970s inflation — which would lead to double-digit mortgage rates — can put their disco shoes back in the closet. I have tried to explain that the 1970s inflation isn’t a reality , and Friday’s report should ease the fear that wage growth is spiraling out of control.
Real Estate News
APRIL 7, 2023
There’s money out there for people who need help getting into their first home — especially if they’re part of an underserved community.
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Housing Wire
APRIL 7, 2023
Shrinking wholesale lender Homepoint is closing its mortgage origination business and will sell its origination-focused assets to competitor The Loan Store , the company announced on Friday. Michigan-based Homepoint is “winding down” its tenure as a direct participant in the mortgage origination business and becoming an investor in the market, as the company will hold an equity interest in The Loan Store.
Real Estate News
APRIL 7, 2023
New England's NEREN, with coverage in seven states, is now PrimeMLS.
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Housing Wire
APRIL 7, 2023
Signs of a slowdown in the labor market have emerged, sparking hope that the Federal Reserve may stop its ongoing tightening monetary policy, which has spurred increasing mortgage rates. But industry observers say it’s prudent to wait for inflation figures in order to bet that the Fed’s rate hikes are over. The slowdown in the labor market has been very gradual, according to them.
Keeping Current Matters
APRIL 7, 2023
Buying a home is a major way to build wealth and gain financial stability. That’s why, across different income levels, the largest part of most homeowners’ net worth is their equity.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
APRIL 7, 2023
Enes Yilmazer is a content creator and real estate influencer who rose to fame through his real estate channel on YouTube. After posting his first real estate video in 2019, he quickly realized the platform's potential and prioritized it.
Housing Wire
APRIL 7, 2023
The spring homebuying season is here, but a large majority of consumers are pessimistic about making the purchase, citing unfavorable mortgage rates and rate lock-in effects as the cause, according to Fannie Mae. The government-sponsored enterprise’s Home Purchase Sentiment Index (HPSI), which tracks the housing market and consumer confidence to sell or buy a home, rose 3.3 points to 61.3 in March from February — but remains only slightly above the all-time low set late last year.
Inman
APRIL 7, 2023
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data.
Housing Wire
APRIL 7, 2023
Rate lock volume activity in the residential mortgage industry increased across the board in March after dipping in February, according to data compiled by the Mortgage Capital Trading, Inc. (MCT) MCTlive! Lock Volume Indices report. In March, purchase lock activity increased 23% compared to February, according to the report, while rate/term refinance volume grew by 39%.
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Inman
APRIL 7, 2023
Following a brand "refinement," Engel & Völkers will continue rolling out additional technology updates to better arm agents to serve the clients of tomorrow, all while sticking to its core values, Hitt told Inman.
Sotheby's International Real Estate
APRIL 7, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Solebury, Pennsylvania | Kurfiss Sotheby’s International Realty, Sothey’s International Realty – East Side Manhattan Brokerage The roughly 17,900-square-foot estate on 44 acres would set a record if it sells for that price A Massive Estate in Pennsylvania’s Bucks County Asks $14.5 Million – The Wall Street Journal You Need to See This Stunning New Mexico Home with the Conversat
Inman
APRIL 7, 2023
New listings plunged 21.8 percent from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin.
Seattle Times Real Estate
APRIL 7, 2023
3 years after FBI agents came to her Seattle home to investigate fraud claims made by Amazon against her husband, The Riveter founder Amy Nelson wants answers.
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Inman
APRIL 7, 2023
Three years after entering into an agreement with @properties, Nest Realty's partners have regained ownership of the brokerage, which is now fully independent, Inman reports exclusively.
Maximum Exposure Real Estate
APRIL 7, 2023
Low Down Payment Mortgages Work For Many Home Buyers Are you considering buying a house with a low down payment? For most potential home buyers getting a low down payment mortgage is no issue. Even with lending standards tightening up following the financial crisis, several no-down payments and low-down-payment loan options exist for qualified buyers. […] The post Low Down Payment Mortgage Doesn’t Mean The Buyer is Not Qualified appeared first on Maximum Real Estate Exposure.
Inman
APRIL 7, 2023
Formations helps real estate agents smartly manage their annual tax commitments and monitor long-term financial performance.
Broke Agent Media
APRIL 7, 2023
BAM Key Details: New survey data from Realtor.com® reveals a homeownership gap between LGBTQ+ and BIPOC buyers and white, non-LGBTQ+ buyers, with the former paying more of their income on housing costs than the latter. Because down payment assistance can help make homeownership more affordable, Realtor.com has partnered with the Homeownership Council of America (HCA) to make this assistance more widely known and accessible to those who need it.
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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
APRIL 7, 2023
Prior to this expansion, Nest Seekers had European locations across the U.K. and Spain, as well as other international offices in Korea and Mexico. The new offices will be headquartered in Milan and Lisbon.
Toronto Realty Blog
APRIL 7, 2023
TorontoRealtyBlog The post Happy Easter! appeared first on Toronto Realty Blog.
Inman
APRIL 7, 2023
Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by the end of the second quarter.
Broke Agent Media
APRIL 7, 2023
We’ve all been there. The client who spells our name wrong, the agent who insists on writing listing descriptions in ALL CAPS, the IG follower who leaves a random, undecipherable emoji in the comments section. These may seem like minor infractions, but for those who suffer from Realtor anxiety, it can only mean one thing: we’ve angered the masses. View this post on Instagram A post shared by Daniel joseph Oneil (@danoneil_) Let’s not forget the client who doesn’t respond to a text—or worse, take
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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.
Fancy Pants Homes
APRIL 7, 2023
In the highly exclusive Trousdale Estate neighborhood of Beverly Hills , in the foothills of the Santa Monica mountains sits a 1970s-built Hollywood Regency-style residence that was once home to one of the best-selling music artists of all time. Legendary singer-songwriter Stevie Wonder called the property home for a few years — renting the place from 2011 to 2015, according to our sources.
Inman
APRIL 7, 2023
Fannie Mae and Freddie Mac's federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation's capital July 10-13.
Bigger Pockets
APRIL 7, 2023
This article is presented by New Western. Read our editorial guidelines for more information. Let’s face it.
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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
APRIL 7, 2023
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
Bigger Pockets
APRIL 7, 2023
Learning how to get into commercial real estate investing seems like a challenging task.
Inman
APRIL 7, 2023
Should you continue marketing your real estate business on Twitter? The algorithm's open-source code reveals that it may not be as useful a platform as it once was, and it could be time for agents to focus their social media marketing elsewhere.
Realty Biz
APRIL 7, 2023
Real estate marketing messages or slogans play a crucial role in promoting the services of real estate agents and agencies. These messages are designed to grab the attention of potential clients, differentiate one agent or agency from another, and create a lasting impression in the minds of consumers. In this article, we will explore the importance of real estate marketing messages and examine some of the most effective slogans currently used in the industry.
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