BubbleInfo
FEBRUARY 16, 2023
The mortgage rates are heading for 7% again, which is shocking, given it was 5.99% last Thursday. Higher rates will discourage both buyers and sellers, and make them want to wait for a “better market” some day in the future.
Housing Wire
FEBRUARY 16, 2023
The overall national mortgage delinquency rate rose in the fourth quarter of 2022, due in part to a weaker economy and ongoing inflationary pressures. The delinquency rate for mortgage loans on one- to four-unit residential properties rose 51 basis points from the previous quarter to a seasonally adjusted rate of 3.96% of all loans outstanding in the fourth quarter of 2022, according to the Mortgage Bankers Association (MBA).
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Real Estate News
FEBRUARY 16, 2023
Scott, chairman and CEO of John L. Scott Real Estate in the Pacific Northwest, said the market is poised to enter a new period of growth.
Housing Wire
FEBRUARY 16, 2023
LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. In his new role, Seehausen will work with the leadership team at LauraMac, overseeing strategic planning and developing new and existing products. “I have known and worked with Rick for more than a decade and am delighted that he chose LauraMac to further his transition from leader to strategist,” LauraMac CEO Bob Fulton said in a prepared statement.
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Real Estate News
FEBRUARY 16, 2023
The number of distressed properties remains well below pre-pandemic levels, thanks to a strong job market and federal moratoriums, but they're creeping up.
Housing Wire
FEBRUARY 16, 2023
Black Knight will integrate Wolters Kluwer ‘s eNote and eVault capabilities in order to cut lenders’ costs per transaction and secure their clients’ electronically signed assets. The two firms signed an agreement to combine Wolters Kluwer’s eNote and eVault solutions with Expedite Close — Black Knight’s digital closing solution — as the final pieces to connect all the tools lenders need to perform digital closings and complete digital mortgages, Black Knight said Thursday.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
FEBRUARY 16, 2023
Interest rates are up for the second week in a row, and signs point to further bumps. This could put a damper on the spring selling season.
Inman
FEBRUARY 16, 2023
Hottinger, whose team was previously affiliated with Corcoran, returned to Elliman to gain a firmer foothold in Miami and for development project opportunities, he told Inman exclusively.
Real Estate News
FEBRUARY 16, 2023
CEO and founder Glenn Kelman said the company is continuing to cut expenses and looking to increase the number of online visitors who hire Redfin agents.
Inman
FEBRUARY 16, 2023
Texas-based franchisor Keller Williams is hosting its annual Family Reunion conference in California Friday through Wednesday. Here are the sessions, speakers and events you can't miss.
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Real Estate News
FEBRUARY 16, 2023
The company noted that it closed out the year with a relatively small drop in revenue considering the sharp decline in home sales in 2022.
Inman
FEBRUARY 16, 2023
Keller Williams has opened its first master franchise in Germany, according to an announcement early Thursday. KW Germany will operate out of Berlin and serve Germany's top seven real estate markets, Keller Williams Worldwide President Bill Soteroff explained.
Real Trends
FEBRUARY 16, 2023
“In 2005, the hot tech was a blog and now the hot tech is artificial intelligence and ChatGPT,” said HW Media CEO Clayton Collins in a recent Housing News podcast with Todd Carpenter. Carpenter has had a hand in nearly every facet of real estate, from mortgage to technology. He most recently worked as the director of strategic investments at the National Association of Realtors (NAR).
Inman
FEBRUARY 16, 2023
The portal and online brokerage saw revenue fall 25 percent year over year during the fourth quarter of 2022, and lost a total of $61.9 million, according to an earnings call Thursday afternoon.
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Propmodo
FEBRUARY 16, 2023
The reigning theory about the Generation Z labor force is that company culture and reputation matter the most. More and more, we hear that younger candidates for office jobs care so deeply about what company culture is like and what actions they are taking in arenas like environmental sustainability that it could ultimately sway their decision of whether or not to work at a company.
Inman
FEBRUARY 16, 2023
The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday.
Realty Biz
FEBRUARY 16, 2023
Kansas City, Missouri has a lot to be happy about, considering how the Chiefs just walked off with a massive Super Bowl win over the Eagles. But that’s not the only thing this fantastic Missouri city has to brag about - it’s got one of the greatest real estate markets around. Here’s what you should know about the Kansas City real estate market! Stability?
Inman
FEBRUARY 16, 2023
RE/MAX Holdings' total revenue decreased 8.9 percent year over year to $81.3 million during the fourth quarter due to diminished broker fee revenue, a 1.9 percent drop in its North American agent count and costs related to increased recruiting incentives. However, the franchisor remains bullish.
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.
Realty Biz
FEBRUARY 16, 2023
Berkshire Hathaway HomeServices Stouffer Realty is pleased to announce that Kevin Leonard, President and COO of Stouffer Realty, 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 16, 2023
Low inventory combined with pent-up homebuyers looking to make their dollars go further is already driving up competition this spring, real estate agents told Inman.
Broke Agent Media
FEBRUARY 16, 2023
BAM Key Details: Realtors and other professionals in the real estate industry need to be aware of a widespread land scam that defrauds buyers of millions of dollars every day Austin Realtor Jeremy Knight’s video highlights how these land scammers operate as well as red flags to watch for to protect your clients, colleagues, and community Austin real estate agent Jeremy Knight doesn’t make a habit of creating videos about property scams.
Inman
FEBRUARY 16, 2023
A study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots.
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.
Lab Coat Agents
FEBRUARY 16, 2023
In the latest episode of our podcast: Keeping It Real, we discuss how you can leverage video in real estate with real estate tech ninja Sascha Chatman. Sascha is crushing it with videos. He does everything from using them for lead follow-up to social media posts to running a successful YouTube channel! In this episode, Sascha will share what kind of videos he’s making, how he’s making them, and how he’s utilizing them for the best ROI.
Inman
FEBRUARY 16, 2023
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined.
Broke Agent Media
FEBRUARY 16, 2023
Want to be a luxury agent (or just look like one)? It starts with the service you provide and the aesthetic you convey in your lifestyle and marketing. In my last article , I talked about the importance of providing luxury-level service to clients, no matter what price point they’re buying or selling at. That includes relationship building, a full marketing plan, and optimal communication and follow-through with everyone you serve.
Inman
FEBRUARY 16, 2023
Find out how this broker parlayed an early interest in real estate investing into a career as head of one of Myrtle Beach's most popular brokerages.
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Broke Agent Media
FEBRUARY 16, 2023
BAM Key Details: Zillow announced its consolidated financial results for the three months ending and the year ending December 31, 2022, along with its outlook for the first quarter of 2023. Zillow CEO Rich Barton reports Q4 2022 financial results “outperformed our expectations,” with higher than anticipated Premier Agent revenue and a 13% increase in rentals revenue.
Inman
FEBRUARY 16, 2023
Watch the latest classes with Inman Access to learn from the experts across a wide range of topics to keep you ahead of the competition.
Eye on Housing
FEBRUARY 16, 2023
During the fourth quarter of 2022, credit continued to become less available and generally more costly on loans for Acquisition, Development & Construction (AD&C) according to NAHB’s Survey on AD&C Financing. To analyze credit availability, responses from the NAHB survey are used to construct a net easing index, similar to the net easing index based on the Federal Reserve’s survey.
Inman
FEBRUARY 16, 2023
Real estate leaders have an important responsibility to help create a world without obstacles to homeownership. Allies who actively engage in and promote diversity, equity and inclusion can help be a force for change.
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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