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The LO edge in 2022? Realtors, Realtors, Realtors

Housing Wire

I think it’ll be a broken record but Realtors, Realtors, Realtors,” emphasized Rafael Montano, an LO at Rocket Mortgage. Christopher Medellin, vice president regional manager at loanDepot , said that LOs whose business mainly consisted of refis in 2020 and 2021 are now feeling the shift of the market.

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NAR: 31% of Realtors say they feel unsafe at open houses

Housing Wire

As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report. According to the report, 31% of Realtors said they feel unsafe during an open house or showings, and 27% said they feel unsafe when meeting a new client for the first time at a scheduled location or property.

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COVID couldn’t stop the U.S. housing market in 2020

Housing Wire

Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% Mortgage demand picked up in 2020.

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Mortgage lending volume in 2020 likely to break records

Housing Wire

in 2020 and 2.7% Seasonally adjusted existing-home sales surged 25% in July, the biggest monthly gain ever recorded, beating the prior record gain of 21% set in June, the National Association of Realtors said in an Aug. The post Mortgage lending volume in 2020 likely to break records appeared first on HousingWire.

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Illinois Realtors partner with HousingWire to unlock The Full Picture 

Housing Wire

housing market, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market. In our dedication to providing the full picture to housing professionals across the U.S.

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Utah-based Realtor association no longer enforcing NAR’s Clear Cooperation

Housing Wire

The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to move beyond just voicing an opinion. NAR’s Clear Cooperation Policy was established in 2020. In an email sent to members on Oct.

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California commission suit alleges collusion in the City of Angels

Housing Wire

The complaint names 35 entities as defendants, including the National Association of Realtors , local and national brokerages, MLSs and local Realtor associations. 17, 2020, and the present. For his part, David Kissinger, the CEO of Glendale Realtors, stated that the suit is “meritless.”

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