Housing Wire

JANUARY 2, 2024

The last week of data for the year U.S. real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. Inventory is slowly but steadily increasing over last year, which means slightly more options for buyers this spring. Sales rates are climbing. We have more homes going into contract each week now than we did a year ago — supply and demand are climbing together.

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Real Estate News

JANUARY 2, 2024

MoxiWorks predicts home sales will increase 8% year-over-year in January, which could bolster economist predictions of a rebound in 2024.

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Housing Wire

JANUARY 2, 2024

The “ silver tsunami ” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on the housing market this year, according to analyst Meredith Whitney in a conversation with Yahoo Finance. “[T]he other major demographic trend you see is the aging of America,” Whitney said.

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Real Estate News

JANUARY 2, 2024

The family-run company may not project the flashy style of some other firms, but it offers substance, with a successful growth strategy and continued momentum.

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Housing Wire

JANUARY 2, 2024

Some people still think of social media platforms as places where your grandma’s dance moves go viral and your dog has more followers than you. While that may be accurate, as digital platforms continue to evolve at an exceptional rate, it has become nearly impossible for businesses to thrive without a social presence. In 2023, we saw a lot of changes and movement among some of the most influential players in social media.

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Real Estate News

JANUARY 2, 2024

Robert Reffkin got a hefty cash bonus and a raise for 2024, but he had to give up a stock plan worth upwards of $25 million.

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Inman

JANUARY 2, 2024

Fourteen of the real estate industry's biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new year.

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Housing Wire

JANUARY 2, 2024

When will the mortgage industry know it has reached the tipping point where innovation is no longer a competitive advantage but an existential need? Maybe when it consistently fails to attract viable, aspirational customers (in part because it is cycling through last year’s leads and legacy customers instead of innovating new pathways to reach underserved , high-propensity homebuyer communities).

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Inman

JANUARY 2, 2024

An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000.

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Housing Wire

JANUARY 2, 2024

New York-based nonbank mortgage lender RealFi (formally known as Residential Home Funding Corp. ) laid off employees in December and did not issue their last paychecks or provide a severance package, former workers told HousingWire. The company’s executives held a conference call with employees on Dec. 15, notifying them about the job cuts because of a “lack of work” and “warehouse lines of credit,” a former underwriter told HousingWire anonymously for fear of retaliation. 

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The Appraiser Coach

JANUARY 2, 2024

There’s been a lot of talk recently about desktop appraisals. Everyone has their opinion, and there are many who are not in favor of this new development. I don’t know any more than you do about where things are headed, but from what I do know, and from connecting the dots, I think it’s that desktop appraisals will become more (not less) popular.

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Housing Wire

JANUARY 2, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. From Bethesda and Towson to Havre de Grace and Silver Spring, it’s now easier than ever to complete the required 60 hours of real estate prelicensing classes from the comfort of your own home in Maryland. Let our expert guide help you pinpoint the best Maryland real estate school and program to fit your goals, budget, and learning style.

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Inman

JANUARY 2, 2024

As Shant Banosian gears up to speak at Inman Connect New York in January, he sat down with Inman to discuss the landscape for mortgage lenders heading into 2024.

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Housing Wire

JANUARY 2, 2024

For many real estate professionals, 2023 was the year of the commission lawsuit , and the year could not end without one last copycat suit. Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions.

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Inman

JANUARY 2, 2024

Rent began to reverse, office vacancy remained near record highs, banks failed and lending got tricky in 2023. Where are we headed next?

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Housing Wire

JANUARY 2, 2024

2023 is in the rearview mirror — a year of tumult, reduced volume and a wave of industry exits and consolidations. While most have their eyes on the horizon, HousingWire’s dedicated reverse-centric publication, Reverse Mortgage Daily (RMD), will look back one more time at a year of challenge. Here, RMD takes stock of three of the biggest reverse mortgage industry stories of the year and how they helped change the face of the business as we head further into 2024.

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Inman

JANUARY 2, 2024

In the latest profile in his Snapshot series, Brandon Doyle talks to RealScout co-founder Andrew Flachner about how tech can transform the way agents and clients interact.

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Housing Wire

JANUARY 2, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Ready to get your real estate license in Pennsylvania? You’ll want to enroll in one of the best Pennsylvania real estate schools to gain the skills and knowledge you’ll need to ace the state exam and succeed in your new career.

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Real Estate Real Estate Agent Agents Development 444

Inman

JANUARY 2, 2024

The rental market is entering the new year with a major boost in inventory and cooling rental growth — two factors that are expected to yield a mixed bag of results for landlords and tenants alike.

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Eyes on Housing

JANUARY 2, 2024

NAHB analysis of Census data shows that private residential construction spending rose 1.1% in November, after an increase of 2% in October. It stood at a seasonally adjusted annual pace of $897 billion. Total private residential construction spending is 3.7% higher compared to a year ago. The monthly increase for total construction spending is attributed to more co single-family and.

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Inman

JANUARY 2, 2024

The share of U.S. homebuyers looking to move to a different city declined for the third straight month in November, according to a new report from Redfin.

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Appraiserblogs

JANUARY 2, 2024

The Elephant I refer to is simply this: Fannie Mae’s modernization program is going to put a lot of appraisers out of business. It’s all “lender centric”. It’s all about better, faster, cheaper, appraisals (with lots more data) for lenders. As an appraiser, all I see are sticks… no carrots. Nobody wants to talk about the Elephant in The Room. Post COVID 19, business was excellent; fees were high and we profited.

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Inman

JANUARY 2, 2024

New Inman contributor Bobbie Wasserman writes that in the 50 years since passage of the Equal Credit Opportunity Act, a combination of the Sheconomy and the Great Wealth Transfer is transforming women into an intergenerational economic powerhouse.

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BiggerPockets

JANUARY 2, 2024

With doomsday headlines and lagging consumer confidence, how should you proceed in 2024? Time to get the advice of TWO senior economists!

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Housing Market Marketing 92

Mortgagebroker News

JANUARY 2, 2024

What do professionals need to keep top of mind?

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Technology Mortgage 77

BiggerPockets

JANUARY 2, 2024

Inflation broadly impacts the overall economy, causing the prices of goods and services to rise. This can have rippling effects across various sectors, including the real estate market.

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Mortgagebroker News

JANUARY 2, 2024

Greater consumer confidence fuelled by a largely averted 2023 recession, study suggests

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BiggerPockets

JANUARY 2, 2024

With doomsday headlines and lagging consumer confidence, how should you proceed in 2024? Time to get the advice of TWO senior economists!

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Housing Market Marketing Real Estate 91

Mortgagebroker News

JANUARY 2, 2024

Nearly half of Canadians say elevated costs and inflation will be the decisive factor in their choice

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Will Springer Realtor

JANUARY 2, 2024

If you follow the Seattle/King County housing market closely as I do, then you cannot be faulted for thinking the past year was fairly similar to the one before. Rinse and repeat, anyone? Our reflection on the real estate journey for 2023 unveiled a landscape of rising prices, economic uncertainties and shifting market dynamics. We have turned the page and see signs of hope for an improved year for buyers and sellers – but, consumers may still take a cautious approach amid uncertainty about a po

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Mortgagebroker News

JANUARY 2, 2024

Challenges from 2023 will likely last well into the new year, industry veteran warns

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Marketing Mortgage 73

Lamacchia Realty

JANUARY 2, 2024

During this past holiday season, Lamacchia Realty raised nearly $10,000 for Boston Children’s Hospital for their Virtual Toy Drive , with only two teams ahead of the company. Lamacchia Realty has been the Top Fundraising team in past years for both the Toy Drive and the Corporate Cup. This year, the team’s top three fundraisers were Caroline Conlon , Julie Lavoie, and Matthew Czepiel.

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Realty 55

Mortgagebroker News

JANUARY 2, 2024

The deceleration seemed to begin in earnest at the tail end of 2023, says president

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PennyMac

JANUARY 2, 2024

When you’re buying a house, you have more to consider than just which property to purchase. You’ll need to understand the mortgage process, including if and when you should apply for a rate lock. Let’s explore what a mortgage rate lock is, how it can protect you from fluctuating interest rates and how Pennymac’s mortgage rate lock program offers added benefits to homebuyers.

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