Housing Wire
FEBRUARY 15, 2023
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%.
Real Estate News
FEBRUARY 15, 2023
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.
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Housing Wire
FEBRUARY 15, 2023
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
Keeping Current Matters
FEBRUARY 15, 2023
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.
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Housing Wire
FEBRUARY 15, 2023
Roughly a year after Mortgage Coach and Sales Boomerang were acquired by a private equity firm, they’ve merged their services onto one platform and rebranded to “TrustEngine.” The company unification and new platform come as mortgage origination volume falters and lenders struggle to stay afloat in a high mortgage rate environment.
Real Estate News
FEBRUARY 15, 2023
According to the U.S. Census, 82% of newly built homes sold in 2021 were a part of a homeowners association.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
FEBRUARY 15, 2023
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.
Housing Wire
FEBRUARY 15, 2023
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.
Inman
FEBRUARY 15, 2023
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.
Housing Wire
FEBRUARY 15, 2023
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.
Advertiser: Trellis
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Inman
FEBRUARY 15, 2023
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.
Housing Wire
FEBRUARY 15, 2023
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
Inman
FEBRUARY 15, 2023
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.
Real Estate News
FEBRUARY 15, 2023
The Seattle-based real estate giant reported revenue of $435 million, exceeding its estimate of $413 million.
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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
FEBRUARY 15, 2023
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.
Realty Biz
FEBRUARY 15, 2023
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.
Inman
FEBRUARY 15, 2023
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.
Coldwell Banker
FEBRUARY 15, 2023
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.
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.
Inman
FEBRUARY 15, 2023
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?
BubbleInfo
FEBRUARY 15, 2023
Paying over the list price wasn’t a new thing created by the frenzy – there have always been over-list sales in the past. But getting down to 8% last month begged for a comparison to a previous January!
Inman
FEBRUARY 15, 2023
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive.
Realty Biz
FEBRUARY 15, 2023
If you’ve been watching the housing markets lately, you’ve noticed a startling trend: mortgage rates have been rising seemingly out of control over the past few months. But what, exactly, is going on? Where have these rate hikes come from, and what do they mean for the larger real estate industry in general? Here’s what you should know about these roller coaster times we’ve been living through.
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.
Inman
FEBRUARY 15, 2023
Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shutout of the traditional second-home market.
Realty Biz
FEBRUARY 15, 2023
JPAR® - Real Estate is pleased to announce that Laura O’Connor, President and COO, JPAR® Franchising has been selected as an RISMedia 2023 Real Estate Newsmaker—a dynamic group of key influencers making headlines as a result of their newsworthy contributions to the real estate industry and their efforts to positively affect the consumers and communities they serve.
Inman
FEBRUARY 15, 2023
The white-labeling program, zavvie Power Buyer, was announced exclusively to Inman and will include two models: contingency-free (cash offer) financing and a buy-before-you-sell bridge loan.
Broke Agent Media
FEBRUARY 15, 2023
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
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Inman
FEBRUARY 15, 2023
Redfin Chief Economist Daryl Fairweather reveals to Intel the top data point signaling a coming rebound and shares why inflation and mortgage rates will continue to lead the market this spring.
Broke Agent Media
FEBRUARY 15, 2023
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.
Inman
FEBRUARY 15, 2023
Whether you call it TBG or The Blame Game, it has an insidious effect on your business, writes team leader Carl Medford. The longer it's allowed to fester, the more damage blame will cause to team unity and morale, along with client confidence and trust.
Broke Agent Media
FEBRUARY 15, 2023
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.
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.
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