Fri.May 07, 2021

Navigating appraisal challenges in today’s housing market

Housing Wire

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates.

Prospective Buyers Are Quickly Becoming Active Buyers

Eyes on Housing

Of the 16% of American adults considering a future home purchase in the first quarter of 2021, 63% have moved beyond planning and are actively trying to find one to buy, up from the comparable 49% share a year earlier.

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What a dismal jobs report means for the housing market

Housing Wire

April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March , roughly 40% of the population had achieved vaccination, and key sectors of the economy planned large-scale reopenings.

Residential Construction Employment Rose Slightly in April

Eyes on Housing

Job gains unexpectedly slowed in April as states lifted COVID-19 restrictions on businesses and more people are vaccinated. Total payroll employment rose by only 266,000 and the unemployment rate increased to 6.1% in April. This was a surprisingly disappointing report on the macro level.

6 things you should do after moving into your new home

Housing Wire

You’re all moved into your new home – now what? Unfortunately, there’s still work to be done until you can sit back and relax. And no, we’re not talking about scrolling through Pinterest for decor inspiration.

RE/MAX predicts banner year with tech, mortgage investments

Inman

RE/MAX's Friday earnings call focused on the company's 2021 trajectory, with Motto Mortgage, booj and other tech investments paving the way to growth. Brokerage Markets & Economy Select adam contos agent count re/max re/max earnings RE/MAX Q1 2021 earnings RE/MAX Q1 earnings revenue

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Why are real estate company share prices falling despite good news?

Inman

Many real estate companies have reported stronger-than-expected earnings in recent weeks, but their share prices keep dropping.

DIY projects to increase your home value

Housing Wire

In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. 58% of those individuals did the work themselves.

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Sellers absolutely have the upper hand in this housing market: Survey

Inman

In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae's latest survey of home purchase sentiment. Markets & Economy Mortgage Select doug duncan fannie mae housing markets housing prices housing supply mortgage rates pandemic

Fannie Mae: Consumers still wary of housing market

Housing Wire

Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, decreased by 2.7 points to 79 in April 2021 after four of the survey’s six components decreased month over month.

Smart Home Tech: What are the top smart devices for pets?

Inman

For homeowners with pets, smart tech can be a great way to keep an eye on these furry friends and provide them with what they need to stay happy and healthy. Here are a few devices that pet owners will find particularly useful.

Mortgage Tech Demo Day: ICE Mortgage Technology

Housing Wire

Encompass Investor Connect.

Helpful Hacks To Make Moving Comfortable

Realty Biz

Are you planning on upgrading to a bigger home in a centrally-located and posh neighborhood? Or perhaps, you’re leaving behind your hometown in favor of a quieter, more peaceful life in the suburbs?

Opendoor, Atlanta, and the future of iBuying

Housing Wire

After a review of Atlanta area property records, it would appear Kim Klir is the most successful real estate agent in world history.

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Bad jobs report could hold silver lining for housing

Inman

The Fed now has justification to keep a tight lid on interest rates. But some fear that if employers are forced to raise wages too quickly, that could spark inflationary pressures and spook bond investors.

Mortgage Tech Demo Day: Qualia

Housing Wire

Qualia Post. Qualia Post pairs automation and a dedicated service team for mortgage lenders to take the hassle out of document fulfillment from real estate partners. Qualia Post automatically collects documents from your title company partners and stores them in the documents folder of your LOS.

Bubble Trouble: The impending ‘bubble burst’ is mythical at best

Inman

For those who believe an impending doom is on the horizon, here is some bad news: It's not going to happen. In this second of two opposing opinion pieces on the housing crash, Matthew Gardner shares why we won't see any mythical bubble bursting.

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Mortgage Tech Demo Day: Altisource

Housing Wire

Vendorly. Vendorly, a proprietary SAAS product developed by Altisource, is a comprehensive vendor management solution that manages vendor due diligence, document maintenance, monitoring and audits.

What Zillow’s results reveal about its momentum toward Zillow 2.0

Inman

The coverage of Zillow's latest results is fantastically uninspiring. Lots of big numbers, devoid of context. But when the dots are connected they reveal a rich story about the business's evolution to Zillow 2.0.

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Mortgage Tech Demo Day: ACES Quality Management

Housing Wire

ACES CONNECT. By providing secure access to reporting, audits, defects, and supporting documentation, ACES CONNECT streamlines collaboration between the quality control department and internal stakeholders or external business partners.

May Motivation: Your real estate business is now up for renewal

Inman

This week, we announced that Inman Connect Las Vegas is back (Oct. 26-29), and our Inman Connect Now (May 18) and three-day Inman Connect (June 15-17) virtual events are right around the corner. While listings are selling themselves, we all know that change is coming. We’ll be ready — will you? .

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Mortgage Tech Demo Day: Sagent

Housing Wire

Sagent CARE allows borrowers to easily manage performing and non-performing loans. They can self-serve for payments and escrows, go paperless, plus monitor home equity, new offers, and tax matters.

1 in 4 moms don’t like their home

Inman

A study by LendingTree shows that moms are nearly twice as likely to experience homebuyer's remorse than dads, and are also much more guilty than dads of hiding home items costs from their partner.

Mortgage Tech Demo Day: Xome

Housing Wire

Logix by Xome ®. Logix by Xome ® is a new portfolio management platform that integrates servicing data from across the entire property lifecycle into a single location, making it easier to scale and streamline servicing operations. With Logix, it’s easy to start tracking default servicing activities all in one place, and create efficiencies across vendor management. Product Fast Facts. #1.

Mortgage and refinance rates today, May 7, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. Of course, that’s welcome. But, in the bigger picture, these rates have been becalmed for weeks. First thing, mortgage […]. Mortgage Rates Now

Mortgage Tech Demo Day: Aspen Grove Solutions

Housing Wire

Aspen Property Servicing Platform. Aspens Property Servicing Platform simplifies & automates processes, removing unnecessary cost and providing transparency on every servicing dollar spent, providing dashboards and analytics to drive operations and aid decision making while connecting servicers to their network. Product Fast Facts. #1. Save up to 75c on every servicing dollar. #2. Trusted by the largest US Servicers including Wells Fargo & US Bank. #3.

Newsmaker Spotlight: Bryan Greene on Combating Bias and Discrimination in Real Estate

RIS Media

Bryan Greene , vice president, Policy Advocacy at the National Association of REALTORS® (NAR), represents NAR in Washington on all regulatory and legislative matters related to fair housing.

Mortgage Tech Demo Day: Nationwide Title Clearing

Housing Wire

PerfectDocs®. PerfectDocs®, is the first complete web-based solution that provides both NTC and users a “share the work” solution. This solution enables the creation and tracking necessary to complete lien release and assignment documents, review, execute, notarize those documents, and send those documents to counties for recordation. Product Fast Facts. #1. Innovative Solution – The first complete web-based solution that provides both NTC and users a “share the work” solution. #2.

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The Real Word: Are you using these bidding war strategies?

Inman

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. In this edition of The Real Word, they'll discuss how increasing lumber costs are affecting buyers, bidding war tactics and how YouTubers are influencing the housing market.

Maximizing Potential: Striving for Competitive Greatness

RIS Media

Michael Hickman. President and CEO. Seven Gables Real Estate. Tustin, California | sevengables.com. Years in business: 45. Size: 7 offices, 465 agents. Region served: Orange County, California. 2020 Sales Volume: $1.8 billion. 2020 Transactions: 2,679.50.

Realtor.com’s new microsite will connect buyers to agents with fair housing training

Inman

Realtor.com for Everyone will help renters, buyers and sellers search for agents "committed to working with today’s increasingly diverse communities.".

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Put Your Post-COVID Savings to Work in Real Estate

American Lifestyle

The post Put Your Post-COVID Savings to Work in Real Estate appeared first on American Lifestyle Magazine. Buying & Selling COVID-19 Financial Home Buying Home Loan Investment Loan Mortgage Open House Real Estate Real Estate Agent Real Estate Questions Savings

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Realtor.com operator Move Inc. bounces back with latest earnings, reports 37% revenue growth

Inman

Realtor.com operator Move Inc. rebounded from a rough 2020 with robust lead generation, referral, and website traffic growth during Q3 2021. Select Technology move inc news corp News Corp earnings call news corp Q3 earnings realtor.com realtor.com earnings

If You Must Hide What You’re Doing, Maybe Don’t Do That

Notorious ROB

Yesterday, I posted something small just to my friends on Facebook as an illustration of an issue that Sam DeBord and I discussed at length earlier in the week: how brokerages and agents were gaming Clear Cooperation Policy with its office exclusives loophole.