Housing Wire
JUNE 3, 2024
Keller Williams Realty has launched a real estate assistant that is powered by generative artificial intelligence (AI) and is trained on the company’s proprietary models, systems, books and training resources. “We are thrilled to bring this AI-powered tool to agents and look forward to its transformative impact on their work,” Chris Cox, KW’s chief technology and digital officer, said in a prepared statement.
Appraisal Buzz
JUNE 3, 2024
CoreLogic has issued its 2024 Hurricane Risk Report , offering an analysis of hurricane risk in the U.S., shedding insight for property owners, insurers, and policymakers. This upcoming hurricane season, the National Oceanic and Atmospheric Administration (NOAA) anticipates a return to La Niña conditions in the Pacific Ocean, with North Atlantic Ocean sea surface temperatures already warmer than any previous year on record.
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Housing Wire
JUNE 3, 2024
HousingWire’s 2024 Marketing Leaders award recognizes the most creative and influential marketing minds in the housing economy. This year’s winners have demonstrated exceptional creativity, strategic thinking, and the ability to adapt in a rapidly-evolving landscape. Their innovative campaigns have captivated audiences, elevated brand visibility, and ultimately driven measurable results.
Appraisal Buzz
JUNE 3, 2024
According to a new report from Intercontinental Exchange, Inc (ICE) covering June 2024, data shows that annual home price gains continued to cool in April, marking the second month of pullbacks. Gains of +6.1% year over year in February slowed to a revised +5.7% in March before easing to +5.1% as of April. As ICE’s VP of Enterprise Research Strategy Andy Walden explains, the cooling is apparent from both seasonally adjusted and unadjusted perspectives.
Housing Wire
JUNE 3, 2024
Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. At the heart of this innovation is Roof AI’s sales assistant, which is now powered by advanced large language models (LLMs).
Real Estate News
JUNE 3, 2024
MLSs will no longer display offers of compensation, but some online startups say they have workarounds that comply with new rules. The DOJ may disagree.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
JUNE 3, 2024
According to a new survey and report from Redfin, 91% of adult Gen Zers say housing affordability is important when considering who they will vote for in the upcoming presidential election, making it the top issue for that generation. Gen Zers were more likely to rate housing affordability as an important factor in their vote than any other issue they were asked about, including the economy, abortion and gun rights, preserving democracy and foreign wars.
Housing Wire
JUNE 3, 2024
The Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank financial companies that violate consumer laws, aiming to avoid recidivism trends. On Monday, the U.S. consumer financial watchdog announced that it finalized a rule establishing the new registry. It requires lenders caught violating consumer law to report certain final agency and court orders and judgments, including consent and stipulated orders.
Appraisal Buzz
JUNE 3, 2024
Steven Curtis has joined Nations Reliable Lending (NRL Mortgage) as chief production officer. Curtis has a wealth of expertise and a proven track record. Prior to joining NRL Mortgage, he served as senior vice president at Security National Mortgage and Fairway Independent Mortgage, where he consistently demonstrated a keen ability to navigate complex market dynamics and deliver exceptional results.
Housing Wire
JUNE 3, 2024
MoxiWorks , a real estate technology platform for agents , announced Monday that longtime CEO York Baur will be stepping down as CEO and Eric Elfman will replace him. Baur will remain on the company’s board of directors. Elfman will lead all aspects of the company. His focus will be ”improving the agent experience in MoxiWorks and accelerating the development of a modern platform for agents and brokerages of all size, leveraging the power of AI,” the company stated in a news release.
Appraisal Buzz
JUNE 3, 2024
Anna Krogh has been promoted to senior vice president and director of business development at Dovenmuehle Mortgage , Inc., a residential mortgage subservicer. In addition, Chris Torres has been promoted to vice president of business development and manager of the western region. “Dovenmuehle continues to enjoy strong industry interest in our mortgage subservicing offerings, and that demand is in no small part due to Anna and Chris’s ongoing efforts,” says David Allison, senior vice president of
Housing Wire
JUNE 3, 2024
The cyberattack that crippled First American Financial ‘s systems in late December affected a total of 44,000 individuals, according to filings submitted to regulators on Friday. In an 8K disclosure submitted to the Securities and Exchange Commission (SEC), the title insurance firm said the company’s investigation of the incident has concluded, although few additional details were provided.
Appraisal Buzz
JUNE 3, 2024
The market backdrop It’s a hard time out there for real estate. The main impact of the Fed’s interest rate hikes is that capital is harder to come by. That has resulted in credit standards tightening and fewer transactions happening in the market (according to CBRE, commercial real estate volumes were down 54% through Q3 2023 ). As has been reported thoroughly, this will be a problem for people who are not well-positioned.
Real Estate News
JUNE 3, 2024
York Baur will remain on the board of directors, while Eric Elfman, a tech leader from outside the real estate industry, moves into the top role.
Inman
JUNE 3, 2024
Inventory shortages challenge buyers, but new construction, boosting sales by nearly 14 percent, offers opportunities for professionals. Learn how to confidently compete and seize these opportunities.
Real Estate News
JUNE 3, 2024
Keller Williams launches AI assistant; Houston Association of Realtors partners with RentSpree; Detroit's Realcomp MLS adds Lundy voice tech.
Inman
JUNE 3, 2024
Eric Elfman previously founded Onit, which focuses on artificial intelligence and workflow automation. Former MoxiWorks CEO York Baur is remaining on the company's board.
Appraiserblogs
JUNE 3, 2024
Picasso answered “$5,000 madam.” “But it only took you five minutes.” “No, madam, it took me my whole life.” The Appraisal Institute has been a source of frustration and criticism within the appraisal profession for quite some time. I must admit that I have also expressed my dissatisfaction with them. Nevertheless, I must acknowledge that the new CEO, Cindy Chance, appears to be a positive change and is making some valuable points about our profession from her new position.
Inman
JUNE 3, 2024
The interactive chatbot draws on Keller Williams' proprietary models, systems, books and training resources to answer agents' questions and assist with content creation.
Eyes on Housing
JUNE 3, 2024
The median age of construction workers is 42, one year older than a typical worker in the national labor force, according to NAHB analysis of the most recent 2022 American Community Survey (ACS) data. However, more younger people are joining the construction industry. Despite some improvements since the peak of the skilled labor shortage in.
Inman
JUNE 3, 2024
As the summer housing market heats up, more homes are becoming available, suggesting eased competition. However, rising prices and seven percent mortgage rates are making it tough for many buyers to afford a home.
GoForrmz
JUNE 3, 2024
“ It’s so quick and so efficient on our side that we couldn’t imagine [GoFormz and Smartsheet] being separated at any point. It’s a perfect match! ” — Alex Palmer, Senior Project Planner, WBI Energy About WBI Energy WBI Energy, located in Glendive, Montana, is a natural gas transmission company that operates in several states including Montana, North Dakota, South Dakota, Wyoming, and Minnesota.
Inman
JUNE 3, 2024
Nesthook claims it allows agents to "communicate commission amounts while remaining fully compliant with settlement requirements." Whether it runs afoul of the new rules remains unclear.
BiggerPockets
JUNE 3, 2024
If you are a new investor with limited capital, having the misfortune of renting to a bad tenant in a tenant-friendly state can cripple you financially and put you off […]
Inman
JUNE 3, 2024
Led by Jeffery Biebuyck and Dana Olmes, the team has closed $2 billion in lifetime sales and is ranked No. 4 in Los Angeles and No. 20 in California among medium teams, according to Real Trends.
BiggerPockets
JUNE 3, 2024
While golden visas are sunsetting or significantly changing around Europe, there are still a few opportunities for Americans to buy international real estate, to live in or rent out, at […]
Inman
JUNE 3, 2024
While teams are not for everyone, team leader Carl Medford believes teams and their agents stand a good chance of coming out ahead as market changes are enacted on Aug. 17, 2024.
BiggerPockets
JUNE 3, 2024
Could Coast FI be your BEST path to financial independence? Maybe you don’t want to retire early—not yet, at least.
Inman
JUNE 3, 2024
Anita Legacy Blue, president of the 2024 LGBTQ+ Real Estate Alliance, writes that Pride Month presents an opportunity for the community and allies to support each other.
BiggerPockets
JUNE 3, 2024
“You’re investing in preferred equity? No thanks—I don’t invest in rescue capital!
Inman
JUNE 3, 2024
Buyer pipelines have been shrinking, agents told Inman in the latest Intel Index poll. A new metric unveiled today by Intel sheds light on the trend and aims to answer when it might turn around.
National Association of Realtors
JUNE 3, 2024
Appraisers must take a nuanced approach to valuing a parcel of land, considering not just size and location but a wide range of factors that you can help identify.
Inman
JUNE 3, 2024
Affordability continues to create challenges for would-be buyers, keeping renters in place for longer, according to a new report from Redfin.
Mortgagebroker News
JUNE 3, 2024
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