Housing Wire
JUNE 2, 2023
Real estate investment management firm Pretium Partners is acquiring thousands of homes from home construction company D.R. Horton Inc. in a $1.5 billion deal, as Bloomberg first reported. The deal includes a combination of completed homes and homes that are not yet finished, according to the outlet, which cited people familiar with the transaction who asked not to be named.
Real Estate News
JUNE 2, 2023
The PAVE task force, a joint venture of HUD and other agencies, presented an action plan to address appraisal bias and increase diversity in the industry.
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Housing Wire
JUNE 2, 2023
The Federal Reserve already had some tough decisions to make at its meeting later this month and the May jobs report is not making things any easier. Job growth surprised economists yet again in May, with total nonfarm payroll employment rising by 339,000 jobs compared to April , according to data released Friday by the Bureau of Labor Statistics.
Real Estate News
JUNE 2, 2023
A survey of homebuyers reveals which parts of the financing process buyers understood the least, and how agents can add value through financial education.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling
Housing Wire
JUNE 2, 2023
Polly , a leading provider of innovative mortgage capital markets technology , recently announced the appointment of industry veteran Cheryl Messner as chief customer officer (CCO). Messner, who has extensive experience and expertise in mortgage fintech , joins Polly as the company experiences significant growth and adoption in the industry. “Polly has revolutionized traditional pricing and loan delivery, while simultaneously establishing an unmatched reputation with their customer partner
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 2, 2023
Mat Ishbia is optimistic about the mortgage market. The Pontiac, Michigan-based United Wholesale Mortgage (UWM) CEO believes that 2022 and 2023 are equally challenging years, but the market will improve in 2024. Meanwhile, 2025 and 2026 will be off the charts. What does Ishbia think about surging mortgage rates , lack of housing inventory and monetary and policy pressures ?
Keeping Current Matters
JUNE 2, 2023
June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.
Housing Wire
JUNE 2, 2023
The U.S. Department of Justice (DOJ) this week announced that it had secured a settlement of more than $3 million from Philadelphia, Penn.-based ESSA Bank & Trust over allegations that the company engaged in redlining majority Black and Hispanic communities from access to credit services around the Philadelphia area. According to a complaint filed by DOJ in the U.S.
Inman
JUNE 2, 2023
While AI has the potential to automate and certainly enhance many aspects of the real estate industry, writes California Realtor Ken Sisson, it is unlikely to replace human agents completely anytime soon.
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Sotheby's International Real Estate
JUNE 2, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Olive, New York | Four Seasons Sotheby’s International Realty The country estate sits on more than 10 acres of private property. Penn Badgley’s Catskills Home Lists for $1.7 Million – Architectural Digest A Huge Sonoma Mansion Hits the Market for $15 Million – Bloomberg Live Like a King Atop Helsinki’s Marble Palace – Mansion Global In Puerto Rico, High-End Homes Sell for as Much as $40 Mi
Inman
JUNE 2, 2023
Machine learning has been a component of Zumper's overall solution for some time, but its ChatGPT use will enhance consumer-facing interactions primarily in terms of search, according to the company.
Bigger Pockets
JUNE 2, 2023
Investing in these states with no income tax may allow you to keep more money in your pocket each year.
Inman
JUNE 2, 2023
The brokerage launched sales this week for its first-ever luxury condo new development project in The Big Apple. Sales agent Shane Boyle filled Inman in on all the juicy details, including the unparalleled views.
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.
Bigger Pockets
JUNE 2, 2023
With rising mortgage rates, finding cash flow has only gotten harder. What is it about these four markets that you can cash flow?
Inman
JUNE 2, 2023
Reports from UD Advisor examine listings and specific situations with hyper-local market data, relevant sales and custom analytics from UrbanDigs to provide agents with actionable, data-based recommendations for their businesses, Inman has exclusively learned.
Bigger Pockets
JUNE 2, 2023
Want to pay ZERO taxes next year?
Inman
JUNE 2, 2023
Proposed standards would include random sample testing and reviews to ensure a "high level of confidence" in the estimates produced by AVMs.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Bigger Pockets
JUNE 2, 2023
“I was willing to make the short-term sacrifice of living in a van for the long-term benefit of living the way I want to.” Could you do this? Read this inspiring story of an investor who came from humble beginnings.
Inman
JUNE 2, 2023
The senior Reffkin's move to the social media-forward team will create a cross-generational collaboration that capitalizes on combining varied skill sets to best help clients, Inman exclusively learned.
RIS Media
JUNE 2, 2023
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. According to Mortgage News Daily, the 30-year fixed-rate mortgage currently sits at 6.85% (rates had reached 7.05% on May 22, 2023). The 15-year fixed-rate mortgage sits at 6.23%, a decline of 0.13% from the May… The post Mortgage Mix: Modest Decline in Rates and Applications appeared first on RISMedia.
Inman
JUNE 2, 2023
In his first column for Inman, Jay Papasan, the co-author of "The One Thing," says that while Inbox Zero is held up as a productivity ideal, it's not necessary for streamlined email management.
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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.
Brownstoner
JUNE 2, 2023
One of the brightly painted facades along Hudson's main shopping street, this 19th century brick building has had an equally colorful commercial history as a spot to buy goods ranging from clocks to coffins. The exact construction date of the three-story Italianate on the market at 524 Warren Street is not… Read More > The post Former Hudson Jewelry Store and Coffin Manufactory, Yours for $1.25 Million appeared first on Brownstoner.
Inman
JUNE 2, 2023
May was a strong hiring month for the U.S. as a whole. But in a down market, real estate didn't quite keep pace, according to new jobs data released Friday by the Bureau of Labor Statistics.
RIS Media
JUNE 2, 2023
Lauren Matera, team leader of the Revel Home Team When the world shut down due to COVID-19, Lauren Matera had her hands full homeschooling three kids, on the hunt for something that was both purposeful and intentional for her. Something that she could pour her energy into, that was financially beneficial. Not willing to blend… The post Social Media Savvy: How Fostering a Sense of Authenticity Builds Trust and Credibility appeared first on RISMedia.
Inman
JUNE 2, 2023
"Before coming to the market with our first lead product to connect consumers with real estate professionals, we wanted to create even more meaningful conversations for agents by enhancing our proven lead engagement technology," TopProducer's Kerm Foltz said.
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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.
RIS Media
JUNE 2, 2023
Damian Eales to step into the role of Move, Inc. CEO, effective June 12. David Doctorow, CEO of Move, Inc. for more than three years, has announced his departure from the company. Parent company News Corp has named Damian Eales the new CEO, effective June 12. Doctorow will stay to assist with the transition. Move,… The post Move, Inc. CEO David Doctorow Departs; Damian Eales to Succeed appeared first on RISMedia.
Inman
JUNE 2, 2023
Wondering what you missed this week? Find out with Inman's Top 5 stories for the week of May 26-June 1, 2023.
Lighter Side of Real Estate
JUNE 2, 2023
The Internet has really leveled the playing field for real estate agents. Years ago you needed a hefty marketing budget to be able to get your name out there in front of people often enough for them to remember you the next time they buy or sell a house. But using social media for content marketing has made it not only possible for every agent to market the heck out of themselves regardless of their budget, but also necessary to do so if you want to compete!
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