Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data. Still, we have some promising signs that we might have finally hit the inventory bottom for 2023. We didn’t see too much volatility in mortgage rates last week, but purchase apps declined in reaction to rates rising two weeks ago.

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Marketing Mortgages Sales As-is 545

Inman

APRIL 24, 2023

Tools such as ChatGPT and DALL-E have opened the artificial intelligence floodgates and promise to permanently transform the way agents operate. But there's so much more to explore.

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Agents Technology 170

Real Estate News

APRIL 25, 2023

Several of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass.

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Brokerage 330

RIS Media

APRIL 27, 2023

As we headed into 2023, brokers braced for impact, ready to confront the challenges—and surprises—that lay ahead for residential real estate. Now, as we approach the year’s midway point, it’s time to assess how business has unfolded so far and reframe what’s in store for the next six months and beyond. During RISMedia’s Annual Power… The post Brokers to Offer a Reality Check on 2023 appeared first on RISMedia.

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Housing Wire

APRIL 26, 2023

Your social media feed right now is probably abuzz with claims that the FHFA’s new loan level pricing adjustments (LLPAs) on conventional mortgages favor buyers with bad credit over buyers with great credit. “A 620 FICO score gets a 1.75% fee discount and a 740 FICO score pays a 1% fee” reads one screenshot from a Fox News segment making the rounds on social.

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Loans Loan Officer Mortgages Finance 397

Realty Biz

APRIL 25, 2023

With a number of brokers and businesses battling for clients and seeking to close agreements, real estate is a cutthroat industry. It's crucial to consistently research new techniques and strategies that can advance your real estate firm if you want to stay competitive and expand. We'll go through seven easy ways to improve your property firm in this article.

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Purchase and sale agreement Technology Development Staging 100

Inman

APRIL 28, 2023

Although median home price growth has slowed from its once-maniacal pace, purchasing a home is still an expensive feat as existing-home prices reached $375,700 in March. Inflation and elevated mortgage rates have created additional financial pressure and placed homebuyers on precarious hunts for affordable homes — even if they have to switch their area codes.

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Brokerage Sales Mortgages As-is 164

Housing Wire

APRIL 27, 2023

Being able to close on a home at any time on any day of the year has long been a pipe dream, but the Federal Reserve ’s new FedNow instant payment system looks to be making that dream a reality. However, before one gets too excited, the title insurance industry is asking if it really is worth sacrificing security for speed. “There is the obvious perceived benefit of faster payment and they are touting that it will be cheaper than wire transfers , and of course you no longer have to worry about m

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Title Banks Industrial As-is 432

Sotheby's International Real Estate

APRIL 28, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Los Angeles, California | Sotheby’s International Realty – Pacific Palisades Brokerage Carol Burnett, the iconic comedian and actress, has sold her longtime Los Angeles home for $3.7 million. Carol Burnett’s Longtime Los Angeles Home Sells for $3.7 Million – The Wall Street Journal Five of the World’s Best Homes for Sale with Landscaped Gardens – Financial Times Custom-Built Colonial in

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Brokerage Sales Marketing 139

Real Estate News

APRIL 24, 2023

A new survey from the National Association of Home Builders found a significant increase in the number of adults who plan on buying a home this year.

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Loans

Inman

APRIL 28, 2023

As uncomfortable as New York City's rent hikes feel to many tenants now, they don't compare to the soaring prices of Singapore's prime rental market, The Wall Street Journal reported.

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Marketing 163

Housing Wire

APRIL 27, 2023

For the first time since November 2022, pending home sales fell in March, posting a 5.2% month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). The monthly drop resulted in the Pending Home Sales Index recording a reading of 78.9, down 23.3% year over year. An index of 100 is equal to the level of contract activity in 2001.

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Sales New Construction Construction Mortgages 432

Eye on Housing

APRIL 27, 2023

Despite a housing market slowdown but reflecting persistent long-term labor challenges, wages in construction continue to rise, often outpacing and exceeding typical earnings in other industries. According to the latest Current Employment Statistics (CES) report from the Bureau of Labor Statistics (BLS), average hourly earnings (AHE) in construction vary greatly across 43 states that reported these data.

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Construction Industrial Marketing 136

Real Estate News

APRIL 27, 2023

Sherry Chris, president and CEO of the Anywhere Expansion Brands portfolio, is retiring from brand leadership and will transition to an advisory role.

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Branding 269

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Sales

Inman

APRIL 28, 2023

Judge Thomas Zilly denied Zillow's motion for a protective order, saying CEO Rich Barton must complete three hours of questioning from REX's counsel about the company's "Project Bookshelf.

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Housing Wire

APRIL 24, 2023

The Mortgage Bankers Association (MBA) filed an amicus brief on Friday in response to the Consumer Financial Protection Bureau (CFPB) and the Department of Justice ‘s interest in determining a liability standard that would apply to lenders in cases of alleged bias by third-party appraisers. The mortgage trade group said it was concerned that the CFPB and DOJ would hold lenders liable for the actions of an appraiser, who is neither an employee nor an agent of the lender, a reference to a ca

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Loans Mortgages Sales As-is 410

Sotheby's International Real Estate

APRIL 22, 2023

In desirable destinations from Cape Cod to Palm Beach, these homes are surrounded by lush landscapes that extend their interior opulence to the outdoors. Light-Filled Luxury in Florida Lisa Cregan | Sotheby’s International Realty – Palm Beach Brokerage This historic Bermuda-style home in Palm Beach exemplifies luxurious, light-filled Florida living.

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Brokerage 136

Real Estate News

APRIL 26, 2023

Brokerage leader Bill Ryan, whose firm recently joined KW, has seen tremendous growth — and a few booms and busts — over his five decades in the industry.

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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.

Agents

Inman

APRIL 28, 2023

Billings, Montana, real estate agent Alyssa Webb was taking a cellphone video of the vacant home during a tour with clients when she turned a corner and came face to face with the vagrant.

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Agents Technology Marketing 158

Housing Wire

APRIL 26, 2023

With few homeowners willing to give up their low mortgage rates, Mike Roberts has shifted his focus to targeting first-time homebuyers. He’s been watching the spring homebuying season slowly pick up and buying leads through Zillow and Realtor.com. It’s a lot of work, and there’s no guarantee that they will pay off. “A first-time homebuyer requires a tremendous amount of nurturing,” said Roberts, the president and founder of City Creek Mortgage.

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RIS Media

APRIL 28, 2023

VA loans can look very attractive if you are a veteran or in the military. They are a popular choice for eligible homebuyers with no down payment requirement and better interest rates. Despite offering good terms, they might not be the best option for everyone. Buyers need to know that VA loans have property condition… The post The Pros and Cons of VA Loans appeared first on RISMedia.

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VA loan Loans Industrial Agents 126

Real Estate News

APRIL 22, 2023

Jeff and Joanne Collis, originally based in Illinois, have been building a business in Naples, Florida while also working on deals in the Chicago suburbs.

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Agents 264

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.

Agents

Inman

APRIL 27, 2023

In an unexpected twist, the Bronx neighborhood saw the median property value increase a stunning 149 percent year over year, bumping it into NYC's 50 priciest 'hoods for the first time in Q1.

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Marketing 162

Housing Wire

APRIL 26, 2023

Higher mortgage rates did not scare away potential homeowners last week. Borrower demand for home loans increased across the board, despite rates being at their highest level in over a month. “There are still so many borrowers looking to purchase a home. Plenty of buyers, but not enough homes for sale,” California-based mortgage loan officer Dan Stone, who works with hundreds of mortgage lenders, told HousingWire.

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Loans Mortgages Fixed-rate mortgage Loan Officer 397

Eye on Housing

APRIL 24, 2023

The retreat in mortgage interest rates during the first quarter of 2023 (from the 20-year peak reached in the fall of 2022) led a record share of adults in the US – 18 percent – to declare having plans to buy a home within a year – the largest share since the inception of this series in 2018. The finding.

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Mortgages 126

Real Estate News

APRIL 24, 2023

Buyers might long for pandemic-era mortgage rates, but economist Matthew Gardner cautions that the "bad & the ugly" impacts outweighed the good ones.

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Marketing Mortgages 263

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Agents

Inman

APRIL 28, 2023

The event, which took place at The Wynn in Las Vegas, facilitated networking, relationship-building and education across about 3,000 of the brand's agents, brokers and staff.

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Branding Agents Brokerage 164

Housing Wire

APRIL 27, 2023

Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms’ first quarter 2023 earnings with investors Thursday morning. “The sharp decline in affordability driven by mortgage rates above 6%, along with low inventory and elevated home prices , adversely impacted the housing market, and as a result, our residential purchase business,” Ken DeGiorgio, the CEO of First American , told

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RIS Media

APRIL 24, 2023

When you buy a home constructed more recently, there is a good chance it will be part of a homeowners association. The HOA will maintain the community areas and ensure certain standards are followed. But all this does mean extra fees and more restrictions on what you can do with your home. This might mean… The post Can Your Clients Refuse to Join an HOA?

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Construction Industrial Agents 122

Real Estate News

APRIL 23, 2023

The LGBTQ+ Real Estate Alliance recently launched a consumer site that helps potential clients find an agent who understands their needs and challenges.

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Agents 264

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.

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