Trending Articles

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Why jobs data is more important than inflation for lower mortgage rates

Housing Wire

Mortgage rates have been slowly dropping recently, which has caught some people off guard. With inflation data that is still higher than the Federal Reserve ‘s target, the recent decrease has left many intrigued. Was it the recent inflation reports or the last batch of labor data that played a significant role in this shift? The Fed’s recent hawkish stance, refraining from rate cuts and advocating for extended higher rate language, adds to the mystery.

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Builder confidence takes a hit as rates, costs remain high

Real Estate News

Sentiment drops for the first time since November, with persistent inflation and concerns about new federal rules dampening builders’ outlook.

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Down payments have doubled in the past 4 years

Real Estate News

The latest data points to some easing, but payments could hit a new peak later in the year. Regionally, payments are down in areas with rising inventory.

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The Top 2 Reasons To Consider a Newly Built Home

Keeping Current Matters

When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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Back in growth mode, Better is hiring again but still in the red in Q1

Inman

The lender boosted mortgage volume 25 percent from Q4 but suffered a $51 million loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future "lies in Uberizing the loan officer.

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Understanding Mold in Homes: What it is, Common Causes and Why It’s a Concern

RIS Media

Mold is a fungus that thrives in damp environments, often becoming a concern in homes. It produces spores that travel through the air and can settle on moist surfaces, leading to rapid growth. Mold’s presence in homes can pose significant health risks and cause structural damage, making it essential for homeowners and buyers to understand.… The post Understanding Mold in Homes: What it is, Common Causes and Why It’s a Concern appeared first on RISMedia.

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Realtor.com CEO takes aim at ‘deceptive’ claims

Real Estate News

Damian Eales told Real Estate News that he loves competition but takes issue with Homes.com’s traffic claims and says they have “disparaged” buyer agents.

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Why a Condo May Be a Great Option for Your First Home

Keeping Current Matters

Having a hard time finding a first home that's right for you and your wallet?

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A missed opportunity at NAR midyear

Inman

On the heels of the National Association of Realtors’ midyear meeting, broker-owner Teresa Boardman wonders why NAR doesn’t livestream (and engage) more members.

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Second Century Ventures Announces Eight Companies for REACH LATAM 2024

RIS Media

Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has announced the selection of eight companies for the second annual REACH Latin America (LATAM) cohort. Those selected for the 2024 program will join a portfolio of more than 250 technology companies across six major markets worldwide. NAR stated that the REACH… The post Second Century Ventures Announces Eight Companies for REACH LATAM 2024 appeared first on RISMedia.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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The long road to remote reverse mortgage counseling in Massachusetts

Housing Wire

From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. But as time dragged on and state lawmakers seemed unwilling to seriously entertain the proposal, the ravages of the COVID-19 coronavirus pandemic helped to change the dynamics of the situation.

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Judge approves commissions settlements for Anywhere, RE/MAX, KW

Real Estate News

Despite a last-minute motion to delay the hearing, the proceedings went on as scheduled, ending buyer agent commissions litigation for the three brokerages.

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Thinking of Selling? You Want an Agent with These Skills

Keeping Current Matters

Selling your house is a big decision.

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Owners of Marilyn Monroe house sue LA over demolition

Inman

The lawsuit filed last week alleges that the city of LA took part in "backroom machinations" in order to landmark a house that does not meet criteria for status as a historic cultural monument to "arrange the desired outcome.

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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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21 Tasks For Spring Home Maintenance: Tips You’ll Love

Maximum Exposure Real Estate

Your Spring Home Maintenance Checklist Would you like a spring home maintenance checklist to ensure things around your property are handled? As a homeowner, you always have plenty to do to care for your home. But there are better tasks during certain times of the year, and Spring is no exception. Some maintenance tasks should […] The post 21 Tasks For Spring Home Maintenance: Tips You’ll Love appeared first on Maximum Real Estate Exposure.

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Dark Matter Technologies names new deputy chief product officer

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies , named Vikas Rao as its deputy chief product officer, the company announced on Tuesday. In his new capacity, Rao will directly report to chief product officer Stephanie Durflinger. His responsibilities will include overseeing enhancements to the Empower loan origination system (LOS) and establishing Dark Matter’s developer community.

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Affordability Pyramid Shows 64.8 Million Households Cannot Buy a $250,000 Home

Eye on Housing

As described in a previous post, NAHB recently released its 2024 Priced-Out Estimates showing 103.5 million households are not able to afford a median priced new home and an additional 106,031 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how.

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Virtual to brick-and-mortar: 5 brokerage models made for 2024

Inman

Take into account the way you like to work, your level of expertise and your desire for collaboration when considering the brokerage model that works best for you and your business.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition

RIS Media

The National Association of REALTORS® today opened applications for the “Pitch Battle” competition taking place at the 2024 Innovation, Opportunity & Investment (iOi) Summit, the premier event for real estate technology. The sixth annual iOi Summit will take place Aug. 28-29 in Chicago, Illinois. The Pitch Battle competition, presented by NAR’s venture capital arm Second… The post NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition appeared first on RISMe

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Steve Resch talks about financial planner relationships for reverse lenders

Housing Wire

Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America , knows a lot about the intersection between the interests of financial planning professionals and reverse mortgage industry members. Financial planners have been, and remain, one of the most sought-after referral partnerships for reverse mortgage professionals to establish ties with.

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3 top takeaways from NAR’s legislative meetings

Real Estate News

Membership numbers defied expectations, while member dues and leadership announcements paint a picture of an association focused on stability.

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A Surprise Visit on Clinton Avenue

Brownstoner

On a sunny Tuesday afternoon, early in April 2023, as my wife Dana was cooking some matzo ball soup and I was hovering nearby, we saw an all too familiar sight outside our apartment's kitchen window -- a gaggle of folks chatting by the building's front yard and wrought iron… Read More > The post A Surprise Visit on Clinton Avenue appeared first on Brownstoner.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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10 answers to the questions confused sellers are asking now

Inman

The changing real estate landscape and media misinformation are creating confusion for homesellers. Mega-team leader Carl Medford lays out the facts so that you can educate your clients.

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Empowering Veteran Homebuyers

RIS Media

Eighty years ago, Franklin Delano Roosevelt signed the Servicemen’s Readjustment Act (colloquially known as the G.I. Bill) into law. This law established programs that continue to serve veterans as they readjust to civilian life and reward them for their service to this country. Eight decades later, one of those programs continues to provide veterans with… The post Empowering Veteran Homebuyers appeared first on RISMedia.

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Consumers fear the long-term consequences of renting on their financial future

Housing Wire

Many prospective U.S. homebuyers fear missing out on the perks of owning a home. According to the newest Bank of America Homebuyer Insights Report , 72% of respondents worry about potential rent hikes impacting their finances. The report also reveals growing uncertainty about whether to rent or buy, with 57% of survey respondents unsure if now is a good time to purchase a home, compared to 48% last year.

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Housing Market Decoded: The mortgage rate 'lock-in' effect

Real Estate News

Rates have gone up considerably in the past few years, but is the fear of losing a low-rate mortgage really keeping homeowners from selling?

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Edith Macefield’s Ballard ‘Up’ house available for lease

Seattle Times Real Estate

Edith Macefield became a Seattle legend when she refused to sell her home to developers. Now the spot where Macefield stood her ground is up for lease.

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Sitzer judge indicates his support for proposed NAR settlement

Inman

Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent "substantial benefits" for sellers.

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Mortgage Applications See Second Week of Increases

RIS Media

Mortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 10, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted… The post Mortgage Applications See Second Week of Increases appeared first on RISMedia.

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Better improves loan volume by 25% but remains unprofitable in Q1

Housing Wire

Better Home & Finance Holding Co. , the parent of digital lender Better , strongly improved its mortgage production and revenues in the first three months of 2024. But expenses continued to increase and the company remained unprofitable during the period. Better posted a net loss of $51.5 million from January to March, up from a loss of $50.8 million in the previous quarter and down from a loss of $87.6 million in the same period last year, according to filings with the Securities and Exchan

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.