Wed.Feb 15, 2023

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Builders are feeling cautiously optimistic thanks to lower mortgage rates

Housing Wire

Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. In February, builder confidence in the market for newly built single-family homes rose seven points from January’s reading, to an index value of 42.

Mortgages 435
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Agents Decoded: Who needs a coach, and how do you pick one?

Real Estate News

Anyone can benefit from coaching — even experienced pros — if you find the right fit. Veteran agent Jay Thompson offers tips on how to choose a great coach.

Agents 279
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Mortgage demand declines amid persistently high inflation 

Housing Wire

Expectations that high inflation may persist for longer than previously projected put pressure on mortgage rates last week. In turn, it affected borrowers’ appetite for home loans. The latest Mortgage Bankers Association (MBA) survey showed that mortgage loan application volume declined 7.7% for the week ending Feb. 10 from the previous week. Compared to the same week last year, mortgage apps are down 57%.

Mortgages 397
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Most new homes for sale are in an HOA — do buyers care?

Real Estate News

According to the U.S. Census, 82% of newly built homes sold in 2021 were a part of a homeowners association.

Sales 264
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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HousingWire February Demo Day: Altos Research

Housing Wire

Altos Research Altos Research is the premier resource for real-time real estate data, providing weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S., helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions. Product Fast Facts #1 Altos tracks over 100M listings every week to deliver real-time market insights in beautifully designed, interactive market reports. #2 Altos Report emails have a 37% open ra

Investor 393
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Should You Consider Buying a Newly Built Home?

Keeping Current Matters

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.

Sales 248

More Trending

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National Association of Realtors’ Canadian twin is betting big on tech

Inman

The Canadian Real Estate Association, which owns and controls Canada's most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what's in store.

MLS 174
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APM makes leadership changes while continuing to eye expansion 

Housing Wire

California-based retail lender American Pacific Mortgage (APM) has made leadership changes while continuing to eye expansion in the Midwest and Southeast. Bill Lowman was named vice chairman of APM, a newly created position while Ned Payment was promoted to chief executive officer from president of APM. Dustin Sheppard also moved up the ladder to president from executive vice president, according to the lender.

Lending 367
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Zillow sees revenue dip in Q4, but manages to trim losses

Inman

The portal giant brought in $435 million in revenue during the fourth quarter of last year and lost $72 million, according to 4Q22 earnings released Wednesday afternoon.

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On Q Financial about Celebrity: “There’s nothing left to acquire”

Housing Wire

After Celebrity Home Loans reportedly laid off most of its employees this week without paying their last paychecks, commissions and severance payments, On Q Financial said the deal to acquire some of the company’s assets has fallen apart. “There’s nothing left to acquire ,” Patrick Lamb, an executive at On Q Financial, said during an interview.

Loans 284
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Artist’s psychedelic hula-hooping home lists in Colorado for $560K

Inman

A rainbow escape awaits the buyer of a psychedelic home in Colorado Springs where the house's interior is a colorful array of faux fur, murals, funky light fixtures, art installations and more.

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Barr Group Mortgage completes first Click n’ Close eNote transaction

Housing Wire

Texas-based mortgage lender Click n’ Close announced on Tuesday that its primary technology partner, Alabama-based mortgage banker Barr Group Mortgage, has completed the first eNote transaction using the Click n’ Close non-delegated correspondent eNote program. “Working with Ameris Bank’s warehouse division SVP Jill Gainer helped ensure the set-up process was straightforward, and our first two loans were purchased the day after closing,” Elizabeth Moore, chief operations officer at Barr Group Mo

Closing 282
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Compass team in New York departs to start joint venture with Side

Inman

Charlie Homet and John Brandon launched a boutique brokerage called Archpoint Advisory Partners in partnership with Side, focusing on properties in Brooklyn and downtown Manhattan.

Brokerage 167
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Zillow beats expectations with fourth quarter earnings results

Real Estate News

The Seattle-based real estate giant reported revenue of $435 million, exceeding its estimate of $413 million.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Homebuilders are feeling a lot more optimistic as market begins to thaw

Inman

Builder confidence rose seven points in February, to 42, according to the latest NAHB Housing Market Index. It's the highest score since September and the largest one-month increase in a decade.

Marketing 167
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Cautious Optimism for Builders in February

Eye on Housing

Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams. Builder confidence in the market for newly built single-family homes in February rose seven points to 42, according to.

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Corcoran Legends Realty acquires Renwick Real Estate

Inman

The Westchester County-based Corcoran Group franchisee has welcomed the long-standing independent brokerage to its ranks, adding 16 agents and one new office.

Brokerage 166
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Get Ready for the Madness with a Sports Viewing Room

Coldwell Banker

Shocking upsets! Amazing buzzer beaters! Yes fans, it’s March – time to fill out your bracket and get ready for some serious basketball. When your favorite team hits the court, will you hit the sports bar or watch from home? You can enjoy the best of both with a sports room that will be the […] The post Get Ready for the Madness with a Sports Viewing Room appeared first on Coldwell Banker Blue Matter.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Ex-rivals Opendoor and Zillow debut new partnership in Atlanta, Raleigh

Inman

Homeowners in Raleigh and Atlanta can ask for a cash offer from Opendoor and get an estimate from Zillow about what their home might sell for on the open market.

Marketing 158
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Convenient Tips for Saving on Real Estate Costs

Realty Biz

Real estate costs can be some of the highest you have to deal with. This means it's a good idea for you to try and make savings as far as these costs go. In doing so, you'll have more money to spend in different ways, and you can even improve your lifestyle in the process. Have a look at these convenient tips that can help you save on real estate costs and put them into practice right away.

Banks 110
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Demand for purchase loans sinks as mortgage rates rebound

Inman

Mortgage rates have been inching up from 2023 lows following a strong jobs report and January's Consumer Price Index readout, which shows only a slight cooling in inflation.

Mortgages 158
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Boomer Dads Can Be a Pain in the Neck When They Help You Buy a House (But They Don’t Need to Be…)

Lighter Side of Real Estate

According to a recent poll , more than a third of Americans who’ve ever owned a home received financial help from their parents to purchase it, but that number is even higher (at 79%) for younger buyers today. So the chances are, if you have a Boomer dad, he’s going to be chipping in some money—and probably his two cents along with it—when you buy a house.

Agents 100
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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‘How the hell did I get here?’ How to make moves without regrets

Inman

If you’re feeling unfulfilled, bored, and just plain stuck in your current career, it could be time to make a change. But how do you know if the grass is actually greener on the other side?

Agents 158
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List of Bills to Pay When Owning a House: Expenses List Explained

Maximum Exposure Real Estate

What Are The Unexpected Costs of Buying a Home? There can be several unexpected costs of buying a home when you have never done it before. Some first-time home buyers find this out the hard way. Nobody hands you a list of bills to pay when owning a house. There are home buyer costs that […] The post List of Bills to Pay When Owning a House: Expenses List Explained appeared first on Maximum Real Estate Exposure.

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Matterport Digital Pro offers listing agents all-in-one marketing package

Inman

Matterport Digital Pro includes 3D tour, 25 or more high-end still photos, a static 2D floor plan and a 10-15 second preview reel.

Agents 158
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Rate Lock Volumes Rose 32% in January, Ending a 9-Month Streak of Declines

Broke Agent Media

BAM Key Details: Black Knight released its latest Originations Market Monitor Report, showing a 32% increase in rate lock volumes in January 2023, ending a 9-month streak of declines. Purchase rate locks, as well as both rate/term and cash-out refi volumes increased, with refi locks accounting for 15% of the month’s total activity. On February 13th, Black Knight, Inc. announced the release of its Originations Market Monitor report for January 2023, based on mortgage origination data through the

Lending 98
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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ICE sees $13B Black Knight merger surviving antitrust concerns

Inman

Black Knight is reportedly looking to spin off its Empower loan origination system to placate regulators' antitrust concerns as critics raise market power, data privacy issues.

Loans 158
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How to Get More Listings with the FSBO Preview

Broke Agent Media

Everyone says they want more listings. But the fact is a lot of real estate agents don’t want to do the work necessary to list more homes. It’s documented and proven. Instead of trying to list 10 different lead sources (which we all know leads to overwhelm), I’ve got a singular strategy you can start doing today. It’s a strategy that will help you get in front of more sellers—and get more listings.

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Divvy Homes’ employees say there has been another round of layoffs

Inman

Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday.

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Zillow’s New Service: Cash Offers from Opendoor vs. Agent Services

Broke Agent Media

BAM Key Details On February 15, Zillow, Inc. and Opendoor Technoogies Inc. announced homeowners will now be able to compare selling options upfront. Homeowners can compare a cash offer from Opendoor and an estimate to sell with a Zillow Premier Agent partner. The service is currently available to homeowners in Atlanta and Raleigh, with plans to expand in the coming months.

Agents 98
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.