Housing Wire

FEBRUARY 21, 2024

“This collaboration reflects our dedication to equipping NAR members with innovative solutions that cater to the evolving needs of their clients, ensuring a smooth experience for sellers and buyers alike,” said Rhonny Barragan, NAR vice president of strategic alliances in an announcement of the deal.

Home Improvement 435

Home Improvement Realtors Real Estate Agent Inspection 435

Appraisal Buzz

JULY 9, 2024

A large portion of the country’s inventory levels are still significantly lower than those from typical 2017–2019 as compared to pre-pandemic levels, with the exception of a few Southern metro areas: Austin, Texas (+41.3%), San Antonio (+24.1%), and Memphis, TN (+22.3%). when compared to June 2019. vs. June 2019).

Housing Market 418

Housing Market Buyers Marketing Inventory 418

Housing Wire

NOVEMBER 5, 2024

That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends. Between 2017 and 2021, rural areas and small towns had remarkably consistent shares of the home purchase market at about 13% and 22%, respectively.

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Realtors Housing Market Construction Real Estate 468

Housing Wire

APRIL 9, 2024

In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers. Congress is gridlocked, so enactment of these initiatives is highly unlikely. But now a new threat is emerging on this front.

Sellers 476

Sellers Realty Insurance Realtors 476

Housing Wire

SEPTEMBER 5, 2024

The widely anticipated Fed rate cut has already ushered in lower mortgage rates, but it seems that some buyers and sellers are waiting for additional declines,“ Realtor.com chief economist Danielle Hale said in a statement. “As less than the average August from 2017 to 2019.

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Inventory Buyers Sellers Mortgage 468

Housing Wire

JULY 30, 2024

According to the OCMBC countersuit, Turturro left after discovering that the Federal Housing Finance Agency (FHFA) barred Hanna in 2017 regarding “prior misconduct” related to his position as CEO of Affiliated Funding Corp. , But in May 2024, he resigned from HMAC “without prior notice,” the complaint stated. dba In-House Lender.

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Sellers Business Contracts Mortgage 443

Housing Wire

SEPTEMBER 19, 2023

Led by Carrie Théard and Sean Hettich, District South’s 40 agents serve home buyers and sellers in Louisiana’s Acadiana region. Théard and Hettich joined forces in 2017 to create District South. Lafayette, Louisiana-based District South Real Estate Co. has joined Real, according to an announcement on Tuesday.

Brokerage 459

Brokerage Agents Real Estate Realty 459

Housing Wire

AUGUST 21, 2023

Homelight , a platform for homebuyers and sellers, was No. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

OCTOBER 21, 2024

Inventory is low, keeping prices elevated and turning what should be a seller’s market into an increasingly inaccessible one for many buyers. Insurance rates in Florida surged by 45 percent between 2017 and 2022, according to a recent report from the Florida Policy Project. Some sellers are also reconsidering their choices.

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Real Estate Marketing Insurance Property Taxes 493

Housing Wire

JANUARY 18, 2024

That’s the second deal of the Japanese company in the country since it acquired Woodside Homes in 2017. “This transaction directly aligns with our stated strategy for growth in North America and will create a more resilient portfolio for Sekisui House,” Yoshihiro Nakai, president and CEO of Sekisui House, said in a statement.

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New Listings Housing Market Inventory Sellers 459

Housing Wire

JANUARY 12, 2023

compared to the December 2017-2019 average. “In In December, we saw both buyers and sellers pulling back as they continue to adjust to a challenging market,” Danielle Hale, Realtor.com’s chief economist, said in a statement. compared to the year prior, according to Realtor.com’s December Housing Report. from December 2021.

Inventory 534

Inventory New Listings Buyers Sellers 534

Housing Wire

MAY 14, 2024

In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers. Congress is gridlocked, so enactment of these initiatives is highly unlikely. But now a new threat is emerging on this front.

Sellers 439

Sellers Realty Insurance Realtors 439

Housing Wire

MAY 22, 2024

Looking at the chart above, inventory started growing late this year, but it seems normal compared to 2017-2019. The other data line that is small but steady year-over-year is the new listings data, and if most sellers are buyers, that gives us more demand than in 2023, when new listings were trending at the lowest levels ever.

Inventory 514

Inventory New Listings Housing Market Contracts 514

Housing Wire

JUNE 26, 2024

NEXA accuses Grella of tortious interference when he sent messages to broker, seller and title company stating that the company was not authorized to purchase a five-acre airplane hangar leasehold in Mesa, Arizona, for $23.95 ” Kortas and Grella founded NEXA in 2017 after they left Equity Prime Mortgage.

Contracts 384

Contracts Legal Sellers Brokerage 384

Housing Wire

OCTOBER 21, 2024

Prior to the implementation of the current CCP in May 2020, listing brokers had two business days from the signing of the listing contract to either enter the listing into the MLS as “active” or submit a listing exclusion form, which had to be authorized by the seller, to the MLS. That should not be dictated by an association.

Brokerage 448

Brokerage Real Estate Sellers Agents 448

Housing Wire

FEBRUARY 20, 2024

Over the past decade, Asian and Hispanic Americans experienced the largest gains in homeownership rates, while white homeownership has remained steady at about 70% since 2017. But it fell slightly from 2021 (65.4%) due to higher mortgage rates and inventory constraints.

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Buyers Inventory Realtors Mortgage 476

Housing Wire

DECEMBER 1, 2021

Since its creation in 2017, the company has raised $13.5 Much of Clever’s revenue appears to come in the form of referral fees paid by these partner agents, who receive information from Clever about the seller and their property. million, including the new capital raising and a $3.5 Clever is a licensed brokerage in Missouri.

Mortgage 435

Mortgage Real Estate Real Estate Agent Agents 435

Housing Wire

JUNE 7, 2023

In fact I testified in front of Congress in 2017 stating such. Prior to the collapse of Fannie and Freddie, pre 2008, the GSEs would give preferred pricing to their largest sellers in what was known as “alliance” agreements. The spread in pricing between a large seller and a small one was significant.

Sellers 546

Sellers Business Mortgage Marketing 546

Appraisal Buzz

JUNE 4, 2024

compared to normal 2017 to 2019 levels, indicating that the market remains seller-friendly. “In The specifics will vary from market to market, but the data suggest ongoing opportunity for many sellers. According to Realtor.com May housing data , median list prices have grown 37.5% from May 2019, yet inventory has decreased 34.2%

Sellers 370

Sellers Inventory Buyers Insurance 370

Housing Wire

SEPTEMBER 2, 2021

Zeev was also an initial investor in the proptech’s 2017 Series B. It also allows sellers access to a network of pre-approved buyers to expedite the process. According to a Thursday release, the round was led by Zeev Ventures – the same VC to lead HomeLight’s $109 million Series C back in 2019.

Real Estate 411

Real Estate Buyers Investors Sellers 411

Housing Wire

SEPTEMBER 30, 2020

The acquisition will make Howard Hanna Real Estate Services the largest home-seller in New York, Pennsylvania, North Carolina and South Carolina, Howard “Hoddy” Hanna III, chairman of Howard Hanna Real Estate Services, told the Pittsburgh Post-Gazette. “Our

Realty 435

Realty Brokerage Real Estate Sellers 435

Housing Wire

FEBRUARY 25, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. Presented by: Propertybase. of the time, within 10% 75.6% and within 20% nearly 90% of the time.

Real Estate Agent 418

Real Estate Agent Home Value Real Estate Loan Officers 418

Housing Wire

FEBRUARY 19, 2021

This number is only 130,000 higher than what we had in 2017 , so this isn’t the booming speculative buying we saw during the height of the housing bubble years. Nobody wins when the housing market is too hot – not even sellers because they will need to find somewhere else to live. million or even lower to get back to the trend.

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Housing Market Realtors Mortgage Sellers 528

Housing Wire

MARCH 14, 2024

We started using AI tools as early as 2017, we were early AI players and one of the first platforms to use it. Ultimately, we’re using data to know 30-60-90 days before we get a phone call from a seller or agent that a call is coming. Obviously, the AI topic has been the soup du jour for the last 12 months, justifiably.

Real Estate 458

Real Estate Sellers Buyers Tools 458

Housing Wire

AUGUST 2, 2022

SitusAMC supports more most of the country’s largest MSR asset holders, including banks, mortgage banks and servicers, KBRA notes, and “every month, SitusAMC values approximately $5 trillion of MSRs and has traded more than $280 billion of MSR … since 2017.”. The seller for both deals is identified as “an independent mortgage banker.”.

Mortgage 418

Mortgage Valuation Sellers Brokerage 418

Housing Wire

DECEMBER 11, 2023

Ruehrwein, who became a licensed agent in 2017 after working in the new construction industry for 28 years, serves clients in Rehoboth and surrounding Massachusetts towns, as well as East Providence and the Narraganset area of Rhode Island. Co-owners Robert Bentley and Alissa Christie, as well as over 60 of their agents are making the move.

Agents 435

Agents Clients Advertising Realty 435

Housing Wire

APRIL 5, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Buyers 493

Buyers Real Estate Agent Real Estate Brokerage 493

Housing Wire

MARCH 13, 2024

In California alone, research consulting firm Milliman found that wildfire damage in 2017 and 2018 wiped out more than twice the previous 25 years’ worth of underwriting profits for the state’s insurance market. She has also started discussing these details with prospective sellers at listing presentations. “No

Real Estate Agent 482

Real Estate Agent Insurance Real Estate Agents 482

Housing Wire

MARCH 30, 2021

It opened three new branches in North Dakota in 2017; acquired St. It’s the first foray into Ohio for the California-based retail lender. The move signifies another step in Guild’s growing Midwest expansion.

Mortgage 418

Mortgage Retail Valuation Lending 418

Housing Wire

JUNE 29, 2024

Today, we will examine new listing data more extensively to provide a clear example of a stressed seller market and compare that to where we are today. 2015 81,875 2016 80,293 2017 84,293 2018 98,972 2019 87,278 Now, let me show you what stressed sellers’ data looks like.

New Listings 415

New Listings Inventory Contracts Sellers 415

Housing Wire

APRIL 25, 2022

In 2019, CrossCountry acquired bemortgage , founded in 2017 as a division of Bridgeview Bank Group, and PERL Mortgage, a lender founded in 1994 that had 60 branches spread across 18 states, according to the Nationwide Multistate Licensing System & Registry. . It provides purchases, refinances, and home equity products.

Retail 397

Retail Loan Officers Mortgage Lending 397

Housing Wire

AUGUST 13, 2024

This deal is also accompanied by seller-provided financing, and it is accretive to both earnings per share and cash. “The Waterfall affiliate MAM has been a subservicing client of ours for some time now, so we know these assets well from a performance perspective. Onity became involved in reverse mortgage servicing with a $12.4

Mortgage 434

Mortgage Finance Clients Legal 434

Housing Wire

FEBRUARY 29, 2024

Eventually, in 2017, he heard back from the husband. Anytime I am going into a pitch, I do what I can to best understand who a seller is meeting with and who my competition is. “I Serhant relayed a story from the early stages of his career, in which he met a couple looking to buy a property in New York City. You know what he said?”

Agents 468

Agents Real Estate Real Estate Agent Marketing 468

Housing Wire

DECEMBER 3, 2020

They bid $750,000 and again at $775,000, which the seller said would work. Barbara Dopp, a Realtor with Keller Williams, Agents with a Smile , said that a homeowner who built a house in 2017 for $600,000 recently put it back on the market starting at $900,000. “We Then, a separate bidder offered $830,000, and won. “If

Marketing 534

Marketing Realty Housing Market Realtors 534

Housing Wire

MAY 24, 2023

According to the National Association of Realtors’ 2023 Home Buyers and Sellers Generational Trends Report, approximately one in four homebuyers today are first-time buyers. In the meantime, we encourage homebuyers, sellers, and real estate professionals to remain vigilant. billion in reported losses in 2022.

Real Estate 397

Real Estate Buyers Real Estate Agent Sellers 397

Housing Wire

OCTOBER 2, 2023

Since joining NAR in 2017, Redfin said that it has paid “more than $13 million in dues, in an effort to influence NAR to advocate for an open, technology-driven marketplace that would benefit consumers.” Redfin had already resigned from its national board seat at NAR in June, prior to the sexual harassment allegations came to light.

Brokerage 391

Brokerage Agents Realtors Legal 391

Housing Wire

JANUARY 25, 2023

Until mortgage rates drop below 5.5%, we can expect low housing supply, which favors sellers. As a result, fewer homeowners placed their homes on the market in comparison to the 3-year average prior to the COVID-19 pandemic (2017 to 2019). most likely by mid-year. Inventory What does that mean for housing?

Housing Market 459

Housing Market Marketing Inventory Sellers 459