Housing Wire

MARCH 18, 2024

As we started 2024, the signals in the U.S. real estate market were for inventory growth, sales growth and home-price growth across the U.S. At the time, I observed that even if mortgage rates stayed flat, the momentum seemed to be in the cards for broad, slow growth in the market. However, mortgage rates didn’t stay flat. They climbed starting Jan. 1 and as of today, March 18, mortgage rates are 30-40 basis points higher than Jan. 1.

Inventory 468

Inventory New Listings Sellers Contracts 468

Real Estate News

MARCH 18, 2024

The last defendant in the Sitzer/Burnett commissions case said it anticipated the motion and will respond with its own court filings in April.

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Housing Wire

MARCH 18, 2024

Nevada-headquartered wholesale lender Nations Direct Mortgage revealed that an unauthorized third party obtained access to the data of more than 83,000 customers on or about Dec. 30, 2023, the lender disclosed on March 14 in a notice shared with the Office of the Maine Attorney General. An investigation showed that names, addresses, Social Security numbers and loan numbers may have been obtained by the unauthorized third party bad actor, Nations Direct said on its website.

Mortgage 459

Mortgage Government Sellers Technology 459

Real Estate News

MARCH 18, 2024

During a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.

Agents 334

Agents 334

Housing Wire

MARCH 18, 2024

Lennar Mortgage , a financial services subsidiary of Lennar Corp. , will move its servicing operations to the industry-leading MSP loan servicing system from ICE Mortgage Technology , ICE announced on Monday. With Lennar already leveraging ICE’s loan origination system, Encompass , the company will benefit from a seamless, digital mortgage ecosystem, the news release stated.

Mortgage 459

Mortgage Technology Finance Tools 459

Real Estate News

MARCH 18, 2024

From buyer agreements to non-MLS places where cooperative compensation can appear, here’s what Keller Williams is telling leaders and agents about the deal.

Agents 317

Agents Buyers 317

Real Estate News

MARCH 18, 2024

Low existing home inventory and the expectation of falling interest rates continue to drive builder optimism.

Inventory 264

Inventory 264

Housing Wire

MARCH 18, 2024

A national syndicated columnist has taken a closer look at the reverse mortgage product category after reviewing data from the Consumer Financial Protection Bureau (CFPB) about the industry’s advertising practices , and she says that the product can have utility for older Americans as long as a prospective borrower properly understands it. Julie Jason, an investment adviser and author, highlighted a CFPB report released in August 2023 that took a closer look at reverse mortgage advertising, both

Advertising 450

Advertising Mortgage Business Clients 450

Inman

MARCH 18, 2024

If homebuyers are no longer willing to pay full commissions, what happens to lender programs that incentivize consumers to work with partner real estate agents?

Agents 197

Agents Real Estate Agent Real Estate Mortgage 197

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I don’t think they really understand what is going on and what is going to be required of them,” Danzey said.

Brokerage 448

Brokerage Real Estate Agents Sellers 448

Inman

MARCH 18, 2024

Settlement represents "nothing short of a sea change" as the National Association of Realtors agrees to pay $418 million and make sweeping changes.

Real Estate 197

Real Estate Realtors Brokerage Agents 197

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. The newly released tools are designed to complement other ICE tools, including automated valuation models (AVMs); data collection tools that follow government-sponsored enterprise (GSE) valuation requirements; and a risk profiler that combines analytics, local market data, neighborhood demographic

Valuation 447

Valuation Reconsideration of Value Tools Technology 447

Inman

MARCH 18, 2024

Fractional real estate investing allows investors to pool resources with others and gain access to many investment properties.

Real Estate 192

Real Estate Investors Investing 192

Housing Wire

MARCH 18, 2024

PennyMac Financial Services has paid $158.4 million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. An arbitrator issued the final award on Jan. 12, reducing Black Knight’s monetary damages from $155.2 million plus interest, granted as an interim award in November 2023, to $150.2 million plus interest, per filings with the Securities and Exchange Commission (SEC).

Legal 446

Legal Contracts Technology Development 446

Inman

MARCH 18, 2024

Jon Gray described the current market as a "bottoming period" that should inspire investors to get moving on new purchases and said investors who move fast stand to be rewarded once prices recover.

Investors 189

Investors Real Estate Marketing Investing 189

Housing Wire

MARCH 18, 2024

Digital lender Better.com launched its One Day Home Equity Line of Credit (HELOC) product that will provide approval decisions to consumers within 24 hours of locking their interest rate. Better launched its first HELOC product about a year ago. The One Day HELOC product is the latest upgraded version as the New York-headquartered lender looks to ramp up speed for customers seeking to access home equity funds.

Finance 445

Finance Mortgage Investing 445

Inman

MARCH 18, 2024

Most agents say they've heard from competitor brokerages in recent weeks. Intel explores what's on their mind as they decide whether to stay — or bolt.

Agents 183

Agents Brokerage Real Estate Marketing 183

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. This could represent a stabilization in the agent pool which is an additional helpful trend.

Real Estate Agent 439

Real Estate Agent Real Estate Brokerage Agents 439

Inman

MARCH 18, 2024

Are you building someone else's dreams or crafting your own legacy in real estate? If you don't do it, the industry craziness will. Take charge at Inman Connect Las Vegas this summer.

Real Estate 182

Real Estate Brokerage Agents 182

Housing Wire

MARCH 18, 2024

Generally, people respect entrepreneurs. The show “Shark Tank” takes this notion to a new level as the entire program — successful season after season — glorifies entrepreneurialism and equates it with “The American Dream.” The secular success of Silicon Valley and the enshrinement of venture capital in the edifice of America (and now the world) further burnishes entrepreneurship.

Real Estate Agent 344

Real Estate Agent Real Estate Agents Investing 344

Inman

MARCH 18, 2024

Douglas Elliman unveiled its annual Ellie Awards this week, singling out brokers who performed well despite challenging economic conditions.

Brokerage 182

Brokerage Agents Marketing 182

GoForrmz

MARCH 18, 2024

Originally published on 06/27/2018 Collect better farm data with digital agriculture forms Whether you’re a local farmer, a member of the Farm Service Agency, or a USDA Information Technology specialist, odds are your work has been dramatically impacted by the rise of precision agriculture. Precision agriculture, as described by Geoffrey Ling and Blake Bextine of Scientific American , “combines sensors, robots, GPS, mapping tools and data-analytics software to customize the care that plants rece

Inspection 148

Inspection Tools Modernization Technology 148

Inman

MARCH 18, 2024

Marketing software company Roomvu has landed a pair of enterprise brokerage relationships that stand to push it into the everyday marketing arsenal of thousands of agents.

Realty 179

Realty Brokerage Agents Marketing 179

Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments. This comprehensive article delves into the diverse scenarios that necessitate the expertise of appraisers, the various specializations within the field, and the roles appraisers assume, both before an

Legal 148

Legal Real Estate Appraisal Valuation 148

Inman

MARCH 18, 2024

Bi-coastal broker Cara Ameer outlines the problems, concerns and frustrations inherent in the terms of NAR's commission lawsuit settlement as agents learn to navigate a new reality.

Real Estate 174

Real Estate Agents Brokerage 174

Eyes on Housing

MARCH 18, 2024

A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage rates below last fall’s cycle peak, helped push builder sentiment above a key marker in March. Builder confidence in the market for newly built single-family homes climbed three points to 51 in March, according to.

Construction 133

Construction Inventory Buyers Mortgage 133

Inman

MARCH 18, 2024

The high-ranking team returns to Corcoran after a recent one-year stint at Douglas Elliman. Hottinger said Corcoran is "home" to the team.

Development 174

Development Brokerage Agents Marketing 174

BiggerPockets

MARCH 18, 2024

It’s no secret that legislation regarding tenant screening is becoming more and more restrictive.

Landlords 93

Landlords Tenants 93

Inman

MARCH 18, 2024

ERA's Alex Vidal writes that it's everybody's job to help Hispanic homebuyers achieve the dream of homeownership.

Real Estate 170

Real Estate Brokerage Agents Marketing 170

BiggerPockets

MARCH 18, 2024

Existing home sales have been steadily declining, reaching the lowest levels in 30 years in 2023, according to the National Association of Realtors (NAR).

Real Estate 92

Real Estate Realtors Marketing 92

Inman

MARCH 18, 2024

As the industry continues to shift gears, Mike DelPrete writes, agents are looking for greener pastures by moving to younger, more agile brokerages that offer new opportunities.

Agents 114

Agents Brokerage 114

BiggerPockets

MARCH 18, 2024

Determining your FIRE number is the gateway to retiring early and living life on your terms. It's not necessarily easy to achieve your income goals, but it becomes possible once you set your sights on it.

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Mortgagebroker News

MARCH 18, 2024

Using AI tools doesn't need to be difficult.

Marketing 85

Marketing Tools 85

BiggerPockets

MARCH 18, 2024

For many investors, partnering is the best or worst part of their real estate experience. Too many things can go wrong, so here's what you need to know about finding and keeping the right partners.

Business 90

Business Real Estate Investors 90