Housing Wire
NOVEMBER 29, 2023
A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked.
Real Estate News
NOVEMBER 29, 2023
With Homes.com in investment mode, Realtor.com and Redfin are reshaping themselves in pursuit of the top spot among home search portals, T3 Sixty experts say.
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Housing Wire
NOVEMBER 29, 2023
Homeownership is the single greatest contributor to household wealth for American families. From 2010 to 2020, the value of owner-occupied housing in 917 metropolitan or micropolitan metro areas increased by $8.2 trillion. We know homeownership is a significant contributor to generational wealth. A home that is inherited from a family member without a will, also known as heirs’ property, can present serious challenges to families if new ownership has not been updated in land records.
Real Estate News
NOVEMBER 29, 2023
"Bachelor" star Jason Mesnick takes his team to Real; Compass celeb agent expands his reach; Christie's nabs Bay Area team; Corcoran Pacific adds owners; more.
Speaker: Timothy Allsopp
Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.
Housing Wire
NOVEMBER 29, 2023
Lower mortgage rates have brought increased mortgage demand. Total home loan applications increased 0.3% for the week ending Nov. 24 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). Mortgage rates for the 30-year fixed loan averaged 7.29% as of Nov. 22, falling 15 basis points in one week, according to Freddie Mac ‘s Primary Mortgage Market Survey.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
NOVEMBER 29, 2023
For the first time since 2021 when Americans relocated in droves, Nashville once again is a top migration destination, according to a new report from Redfin. Nashville , also known as Music City, is No. 9 on the list of the most popular destinations for homebuyers looking to relocate to a new metro area in October. Most people surveyed relocated there from Los Angeles.
Real Estate News
NOVEMBER 29, 2023
Nashville, which offers a mix of relatively affordable home prices and a low cost of living, made it back onto Redfin’s latest migration destination list.
Housing Wire
NOVEMBER 29, 2023
Record high home prices continue to inch higher, even as homebuilders offer discounts and build a higher rate than pre-pandemic levels, according to a host of data releases over the last week. Prices were highest in the South and West, the same regions in which builders are most active. New home sales The seasonally adjusted annual rate of new single-family home sales in October landed at 679,000, according to data published on Monday by the U.S.
Inman
NOVEMBER 29, 2023
Mesnick and his business partner Chris Dalto have left Compass and brought their Seattle-based luxury team, MDG Residential, to Real. Within its first year, the team closed more than $100 million in sales volume.
Advertiser: Trellis
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.
Housing Wire
NOVEMBER 29, 2023
Knoxville, Tennessee -based Realty Executives have gained some top-producing agents. The founders of RE/MAX Preferred Properties , Ryan, Rich and Patti Levenson, are joining Realty Executives, according to an announcement on Wednesday. The family sold the franchise in October 2021 but remained with RE/MAX Preferred Properties until the move. Ryan Levenson, who is the 2023 president of the East Tennessee Realtors’ Association , is a third-generation real estate agent, following his parents, Rich
Inman
NOVEMBER 29, 2023
Annual home price appreciation of 5.5 percent pushes FHA loan limits up to a minimum of $498,257 in affordable markets, and to a ceiling of up to $1.72 million in high-cost states like Alaska and Hawaii.
Housing Wire
NOVEMBER 29, 2023
Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this week by the Federal Housing Finance Agency (FHFA), according to All Participants Memorandum (APM) 23-13. “Under the new definition, effective for pools or loan packages submitted on or after Jan. 1, 2024, a ‘high balance loan’ is defined as a single-family forward mortgage loan with an original principal balance (minus the amoun
Inman
NOVEMBER 29, 2023
Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides.
Housing Wire
NOVEMBER 29, 2023
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life.
Inman
NOVEMBER 29, 2023
According to a new report from Redfin, relocating homebuyers continue to seek out more affordable locales in favor of big, expensive coastal cities.
Housing Wire
NOVEMBER 29, 2023
Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. In particular, lenders should take a look at their loan origination system (LOS), as the LOS they use plays a critical role in the ability to maximize efficiency, see return on investments and ultimately, win business over competitors.
Inman
NOVEMBER 29, 2023
The trade group's attorney says NAR is "still analyzing" the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a "different case" that will likely go to trial in Q4 2024.
George Dell
NOVEMBER 29, 2023
The valuation “process” (algorithm and model) is universal. What does this mean? It means that it doesn’t matter who does it, who makes decisions, or who ‘inspects’ the property. The science is the same: Systematic study through observation and experiment. So we seek and define the systematic study. In (opinion) appraisal, it’s called the appraisal […] The post Universal Valuation Standards?
Inman
NOVEMBER 29, 2023
The ever-evolving technology and business services company is offering an “accessible, affordable and award-winning” home insurance plan for agents to offer clients in Florida.
GoForrmz
NOVEMBER 29, 2023
Make simple design updates to your digital form using the GoFormz Template Editor You can easily add branding, include disclaimer text, and more, by adding basic design updates to your digital form Template. Use our Page Elements feature in the Template Editor to apply simple updates and additions to your form Template’s background. (These additions will be applied to every form generated using this Template.
Inman
NOVEMBER 29, 2023
Leading with authenticity is practically a cliche for real estate professionals and entrepreneurs of all stripes. EXp's Troy Palmquist looks at what it means to be authentic and how you can put it to work in your life.
Eyes on Housing
NOVEMBER 29, 2023
The volume of total outstanding acquisition, development and construction (AD&C) loans posted a decline during the third quarter of 2023 as interest rates increased and financial conditions tightened. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions declined by 2.8% during the third quarter. The volume of loans declined by $2.9 billion for the quarter.
Inman
NOVEMBER 29, 2023
With the latest data and leadership lessons from Simon Sinek, mega-team leader Carl Medford offers advice and words of wisdom for leading your organization through the choppiest waters.
BiggerPockets
NOVEMBER 29, 2023
Understanding how much it costs to flip a house is key to successful real estate investing. Basic house flipping costs involve the purchase price, holding costs, renovation costs, and selling fees. A clear understanding of the cost components is crucial for ensuring your house flipping is a lucrative investment strategy. Otherwise, your budget will quickly disappear, along with any profit.
Inman
NOVEMBER 29, 2023
Is it a gadget? Software? Mobile or desktop? How did you find it, and what does it do for you and your business?
BiggerPockets
NOVEMBER 29, 2023
Airbnb has faced a lot of criticism as of late, with many cities going as far as banning them. New findings show that the long-term effect is just as impactful to investors.
Inman
NOVEMBER 29, 2023
Fair housing isn't just about what you mean to do, writes Lee Davenport. It's also about the effect your action (or lack thereof) have on hopeful homeowners.
BiggerPockets
NOVEMBER 29, 2023
Zillow's survey asked questions about renter preferences, current living conditions, and more. Investors should take note and adjust their strategies accordingly.
Inman
NOVEMBER 29, 2023
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests.
BiggerPockets
NOVEMBER 29, 2023
It finally happened. Inflation fell, mortgage rates dropped, GDP grew, and an unexpected jobs report was released.
Inman
NOVEMBER 29, 2023
The president of Nourmand & Associates briefed Intel on how a new L.A. tax on high-priced properties has jolted the local real estate industry.
BiggerPockets
NOVEMBER 29, 2023
Using an iBuyer can remove a lot of headaches and frustrations from a real estate transaction. Investors, now more than ever, can use iBuyers to get the best deals and make life easier. Here's how.
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