Housing Wire

JANUARY 19, 2023

The Census Bureau ‘s housing starts report for December shows that housing completions are still too slow, and we are running out of time this year as housing permits are set to fall until the homebuilders get rid of their excess supply. We had some good news this week for the housing market : purchase application data is up , the builder’s confidence index rose to beat estimates, and the 10-year yield and mortgage rates have fallen.

Mortgages 507

Mortgages Construction Sales As-is 507

Keeping Current Matters

JANUARY 19, 2023

One of the first steps in your homebuying journey is getting pre-approved.

Pre-approval 255

Pre-approval 255

Housing Wire

JANUARY 19, 2023

After years of historic growth, the housing market is beginning to normalize. Home prices nationwide fell between August and September, marking the first time prices have declined for three consecutive months in nearly four years, according to the Case-Shiller National Home Price Index. As both the real estate industry and consumers prepare for what’s to come, it is critical that we do not take for granted the products and systems that have carried us through other cycles of economic downturn.

Title 476

Title Title search Industrial Land 476

Inman

JANUARY 19, 2023

Inman Access is dropping three new classes to help you navigate shifts in investor sentiment, expand your skills as a team leader and get the best tips on leveraging video as a marketing tool.

Investor 197

Investor As-is Marketing Industrial 197

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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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Housing Wire

JANUARY 19, 2023

Declining mortgage rates spurred the demand for home loans at the beginning of 2023, spreading optimism across the industry. But that’s not the only reason for the uptick. After months of a slowing housing market, sellers are offering more discounts to close deals and mortgage lenders are launching programs to protect their clients’ rates. “The fall in mortgage rates creates opportunities for many buyers, as a lower mortgage rate brings down the monthly payment,” Nadia E

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Mortgages Loans Marketing Industrial 448

Inman

JANUARY 19, 2023

Founded in 2018, the team's career sales volume exceeds $300 million, and in 2022, the team was ranked one of the top in New York State by RealTrends.

Sales 167

Sales Brokerage Agents 167

Inman

JANUARY 19, 2023

Whether you’re going all in on video in 2023 or creating your first, these 23 video content ideas from Jimmy Burgess will get you in front of more potential clients, position you as the local expert and get your creative juices flowing.

Agents 167

Agents Marketing 167

Housing Wire

JANUARY 19, 2023

When industry veteran Michael Strauss abruptly shut down Long Island-based Sprout Mortgage in early July, there was uproar. Shocked employees didn’t receive their last paychecks. There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. The lawsuits quickly came pouring in, but Strauss never did seek bankruptcy protection for Sprout or its affiliates.

Mortgages 418

Mortgages Bankruptcy Loans Loan Officer 418

Inman

JANUARY 19, 2023

"The key takeaway is this," CEO Mauricio Umansky said of this year's report. "Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation.

Marketing 167

Marketing Brokerage Mortgages 167

Housing Wire

JANUARY 19, 2023

As the housing market slowed from its frenzied peak in 2022 due to soaring mortgage rates, homebuilders pulled back. An estimated of 1.533 million housing units were started in 2022, down 3.0% compared to 2021, according to a report released Thursday by U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Homebuilders closed out 2022 with an annual housing start rate of 1.382 million units in December, down 1.4% compared to November and down 21.8% year over year.

Construction 418

Construction Mortgages Development As-is 418

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.

Industrial

Inman

JANUARY 19, 2023

This week the spotlight shines on Hilary Farnum-Fasth of Corcoran Reverie, a broker serving markets in both North Florida and Tennessee.

Marketing 158

Marketing Brokerage 158

Housing Wire

JANUARY 19, 2023

While the new year is here, the effects and fears of 2022 have yet to run their course. The Mortgage Bankers Association (MBA) reported that mortgage applications recently hit their lowest rate since 1996 , and Fannie Mae’s most recent estimate shows that origination volume will decline to $1.7 trillion in 2023. As financial institutions weather this shift in the market, every loan opportunity becomes more critical than the last.

Loans 415

Loans Lending Investor Mortgages 415

Inman

JANUARY 19, 2023

Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report. The dip was enough for buyers to navigate the winter market, but wasn't enough for would-be sellers to list.

Mortgages 158

Mortgages Marketing Days on market 158

Housing Wire

JANUARY 19, 2023

Tennessee-based mortgage lender Guaranty Home Mortgage Corporation hired Andy Voyles as executive vice president and director of retail lending. The mortgage lender hopes to boost volume in the channel. Voyles will be responsible for growing the retail division overseeing sales, operations and marketing as well as building on the existing framework, the company said Wednesday.

Mortgages 397

Mortgages Loan Officer Lending Banks 397

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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.

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Inman

JANUARY 19, 2023

Layoffs come a week after the shutdown of RealSure, Home Partners' iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management.

Property Management 158

Property Management Industrial Mortgages 158

Housing Wire

JANUARY 19, 2023

Nonbank California lender loanDepot will start moving some of its backend operations to Black Knight ‘s cloud-based version of the Empower loan origination system this year as the firm continues its efforts to cut costs. Black Knight’s loan origination system will complement and integrate with loanDepot’s proprietary technology system, mello, which rolled out in 2017, Black Knight said on Thursday.

Loans 357

Loans Equity Lending Technology 357

Inman

JANUARY 19, 2023

Whether it’s a brand-new listing or last year’s listing that’s still languishing on the market, these updates from Doora Designs' Antoinette Fargo will make it look like new.

Banks 158

Banks Branding Design Marketing 158

Sotheby's International Real Estate

JANUARY 19, 2023

Barcelona & Costa Brava Sotheby’s International Realty It’s no coincidence that the word hygge sounds a lot like “hug” when pronounced correctly—“hoo-gah”. The concept is Scandinavian in origin, though Denmark is the nation that elevated it to aspirational lifestyle status. Fittingly enough, hygge-centric designs often create spaces that feel like a warm embrace, fostering a sense of coziness and conviviality along with feelings of wholeness and well-being.

Design 121

Design 121

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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.

Agents

Inman

JANUARY 19, 2023

The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements.

Renovation 158

Renovation Finance Marketing Technology 158

Eye on Housing

JANUARY 19, 2023

Led by a decline in multifamily production, overall housing starts decreased 1.4% to a seasonally adjusted annual rate of 1.38 million units in December, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Also of note, single-family housing starts ended the year down more than 10%, marking the first annual decline since.

Development 119

Development 119

Inman

JANUARY 19, 2023

The campaign dubbed "This is a Door" pays tribute to the unexpected possibilities that go along with turning a new chapter in life, such as weddings, having babies and adopting new pets.

As-is 158

As-is Technology Marketing 158

Eye on Housing

JANUARY 19, 2023

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter of 2022 posted a reading of 66, falling 17 points from the fourth quarter of 2021. While there is a sharp decline in RMI year-over-year, it remains in positive territory as remodeling continues to outperform the rest of the residential construction sector, whether one looks at construction spending or.

Marketing 119

Marketing Construction Residential As-is 119

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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.

Agents

Inman

JANUARY 19, 2023

In this week’s video column, @properties Christie’s International Real Estate executives Amy Corr and Kevin Van Eck encourage brokers to look to investment and second home properties as a way for their agents to maintain income and grow their businesses – especially in a changing market.

Investor 158

Investor Agents Marketing Brokerage 158

McKissock

JANUARY 19, 2023

On January 18, 2023, HUD issued an announcement regarding revisions made to Handbook 4000.1. According to the announcement, the revisions included “enhancements and revisions to existing guidelines and various technical edits.” The most significant of these revisions was the elimination of the requirement to include the 1004MC form as an attachment to the appraisal report.

Sales 117

Sales Design As-is Marketing 117

Inman

JANUARY 19, 2023

Overall housing starts clocked in at a seasonally adjusted annual rate of 1,382,000, 1.4 percent below levels recorded in November, according to new data released Thursday by the U.S. Census Bureau.

Marketing 157

Marketing 157

Better Dwelling

JANUARY 19, 2023

Canadian mortgage credit continues to slow as rising rates grind the market to a halt. Bank of Canada (BoC) data shows outstanding residential mortgage credit rose in November. However, it was one of the slowest months we’ve seen since 2020. Annual growth remains robust, but recent activity is bringing the trend lower. Canadian Mortgage Debt […] The post Canadian Mortgage Debt Grinds To A Halt After Hitting Over $2 Trillion appeared first on Better Dwelling.

Mortgages 111

Mortgages Banks Residential As-is 111

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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.

Sales

Inman

JANUARY 19, 2023

In real estate, time is money. Knowing a little of what to expect at the upcoming Inman Connect will help you feel right at home and make the most of your time in New York.

Agents 133

Agents Marketing 133

Seattle Times Real Estate

JANUARY 19, 2023

Regal Meridian 16 in downtown Seattle, open since the mid-1990s, is reportedly one of 39 Regal locations closing nationwide.

Closing 106

Closing 106

HomeLight

JANUARY 19, 2023

DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. If you are considering flipping houses in Georgia, HomeLight always encourages you to reach out to an advisor regarding your own situation. Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows.

House Flipping 105

House Flipping Inspection Renovation Finance 105

Realtor.com

JANUARY 19, 2023

Harper Elm General Contractor viz Houzz What your house looks like outside is just as important as what it looks like inside—especially if you plan on selling it one day. Boosting your curb appeal will not only elevate your enjoyment of—and confidence in—your home, it will also mark an important investment in its long-term value. Curb appeal alone can add 7% or more to the value of your home.

Renovation 102

Renovation Residential As-is Design 102

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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.

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