Housing Wire

JANUARY 11, 2024

Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data , increasing a few basis points early. It’s now at 3.98% , a far cry from 5.04% as we saw last year. This, while jobless claims data is still historically low. As I have stressed time and time again, when the market believes the Federal Reserve is done hiking rates, the markets make a big move lower with the 10-year yield and mortgage r

Supply Chain 514

Supply Chain Marketing Mortgage 514

Sacramento Appraisal Blog

JANUARY 11, 2024

Last year was a strange time in housing. On paper, it looked like home prices should have tanked in 2023 since we had some of the worst sales volume ever. Yet, prices didn’t dip that much. Today, let’s talk about what happened in a big recap. I hope you get something out of this. Any […] The post It was a weird housing market in 2023 first appeared on Sacramento Appraisal Blog.

Housing Market 345

Housing Market Marketing Appraisal 345

Housing Wire

JANUARY 11, 2024

I’ve interviewed 17 tech executives since we launched our HousingStack newsletter in September and I’ve been surprised and thankful for the candor and insight of each executive. Here are some of the highlights from those interviews on the important topics they’re thinking about. On the right tech mindset: Adam Carmel, Polly CEO : “When I was in lending, I think I always overestimated the impact technology or software, or more importantly, a switch in technology, would hav

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Technology Contracts Business Appraisal 475

Real Estate News

JANUARY 11, 2024

Realtor.com ranked the top spots for younger buyers and found that smaller towns scattered across the Northeast and Midwest hold the most potential.

Buyers 306

Buyers 306

Housing Wire

JANUARY 11, 2024

In the lead up to the Sitzer/Burnett real estate commission trial , the National Association of Realtors expected to prevail. “I am feeling cautiously optimistic and that is because I think that we will, in terms of the litigation, be able to convince a panel of jurors who are consumers that the way that the transaction has typically taken place in America, for 100 years, is the way it is because it makes the best sense for the buyers and sellers alike,” Katie Johnson, NAR’s chief legal counsel,

Real Estate Agent 468

Real Estate Agent Real Estate Buyers Agents 468

Real Estate News

JANUARY 11, 2024

Claim forms will be sent to eligible class members soon, but it's not clear how much money individual sellers will receive.

Sellers 290

Sellers 290

Real Estate News

JANUARY 11, 2024

Mortgage applications jumped nearly 10% as rates hold fairly steady, but higher-than-expected inflation numbers could spoil the party.

Mortgage 289

Mortgage 289

Housing Wire

JANUARY 11, 2024

Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. FinLocker – which has more than 40,000 registered consumers and is led by former Fannie Mae executive Henry Cason – is focused on helping the consumer get to a place of financial readiness for home buying.

Investing 468

Investing Loan Officers Technology Inventory 468

Real Estate News

JANUARY 11, 2024

Kevin Sears stepped into the leadership role earlier this week, and in his first public message, shared his priorities for the association.

Business 278

Business 278

Housing Wire

JANUARY 11, 2024

Inflation edged up by 30 basis points between November and December, highlighting the difficulty of bringing consumer prices down to the target goal. Inflation is one of the key economic metrics that the Federal Reserve is monitoring as it plans for interest rate cuts later this year. Consumer prices were up 3.4% in December from a year earlier, up from 3.1% in November, according to data released by the Bureau of Labor Statistics on Thursday.

Sellers 459

Sellers Housing Market Marketing Mortgage 459

Real Estate News

JANUARY 11, 2024

REcolorado has signed agreements with regional MLSs in Georgia, Florida, California and Kansas, increasing listings access for agents.

Agents 278

Agents 278

Housing Wire

JANUARY 11, 2024

Mortgage rates ticked up this week as the 10-year Treasury yield made its way back above 4%. The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, a slight increase from last week’s 6.62%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixed-rate mortgage averaged 5.87% this week, down from 5.89% the prior week.

Mortgage 459

Mortgage Sellers Inventory Buyers 459

Inman

JANUARY 11, 2024

Futures markets still hold out hope for a March rate cut, even as annual inflation increased to 3.4 percent in December, moving away from the Fed's 2 percent goal for the first time since September.

Mortgage 197

Mortgage Marketing 197

Housing Wire

JANUARY 11, 2024

After a long period of silence and extensions granted by the U.S. District Court for the Northern District of Texas , Ginnie Mae has filed its response to a lawsuit brought against it by Texas Capital Bank (TCB) saying the warehouse lender lacks standing and discounts the authority the government has to extinguish a lender from its reverse mortgage-backed securities program.

Lending 459

Lending Government Legal Law 459

Inman

JANUARY 11, 2024

A new report from StreetEasy suggests that the World's Borough will be crowned the hottest borough in New York City after a stellar 2023.

Marketing 190

Marketing 190

Housing Wire

JANUARY 11, 2024

Just over 60% of U.S. seniors at or over the age of 50 have not sought out professional retirement planning advice, despite data indicating a general lack of retirement preparedness among the older population according to a survey published this month by AARP and conducted by the National Opinion Research Center (NORC) at the University of Chicago. Using a sample size of about 1,000 U.S. adults, the survey found that roughly 621 respondents have never “used a financial professional to help plan

Development 458

Development 458

Inman

JANUARY 11, 2024

Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers.

Sellers 183

Sellers Buyers Brokerage 183

Housing Wire

JANUARY 11, 2024

CoreLogic has debuted a new security solution for multiple listing services designed to reduce the risk of cybersecurity threats. Called Clareity Assure, the new, upgraded security platform is available to any MLS concerned about vulnerabilities in its listing data. Clareity Assure is powered by artificial intelligence and its functionalities feature adaptive authentication processes.

Design 456

Design Insurance Mortgage Finance 456

Inman

JANUARY 11, 2024

The mortgage lock-in effect that plunged the 2023 housing market into a deep freeze has finally started to thaw, according to a new Redfin market report published on Thursday.

Marketing 183

Marketing Mortgage Housing Market Sellers 183

Housing Wire

JANUARY 11, 2024

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. The saga of NAR’s revolving door of presidents began in late August 2023 when the New York Times published an exposé revealing what it called a “culture of fear” and widespread sexual harassment at the trade group.

Realtors 448

Realtors Real Estate Legal Law 448

Inman

JANUARY 11, 2024

According to coach Darryl Davis, the opinion of eight people doesn't prove anything about the reality of our industry. By staying positive, keeping perspective and being proactive, real estate agents can continue to demonstrate their worth.

Agents 182

Agents Real Estate Agent Real Estate 182

Housing Wire

JANUARY 11, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Getting your real estate license in California can take as little as 7.5 weeks. We’ll show you how to get a real estate agent in California, taking you through the process step-by-step. We’ll provide all the information and prerequisites you’ll need to get started.

Real Estate 447

Real Estate Real Estate Agent Agents Law 447

Inman

JANUARY 11, 2024

In his latest Snapshot, Brandon Doyle talks to Canadian coach Richard Robbins about personal transformation and meaningful mindset shifts.

Real Estate 179

Real Estate Brokerage Agents 179

Eyes on Housing

JANUARY 11, 2024

Consumer prices rose again in December, driven by higher energy prices and sticky housing costs. Despite the increase, overall inflation has moderated by nearly half, declining from 6.5% in 2022 to 3.4% by the end of 2023. However, even after peaking in March 2023, shelter costs continue to put upward pressure on inflation, accounting for over two-thirds of the total.

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Inman

JANUARY 11, 2024

Join the conversation on Inman Access this week as we dive into the art of forging authentic connections within your community and lasting relationships that go beyond transactions.

Agents 178

Agents 178

Appraiserblogs

JANUARY 11, 2024

What were the results? Most had foreclosures. They bought a house worth much less than they paid for it and never planned or budgeted to make a mortgage payment in the first place. About 2 years before the crash of ‘08, I ran across a company out of DC called “Metro Grapevine” and “Metro Dream Homes.” It was a Ponzi scheme marketed by a black to blacks only.

Valuation 121

Valuation Home Value Appraisal Mortgage 121

Inman

JANUARY 11, 2024

Combating false urgency is a strategic imperative, writes Nikki Beauchamp. By prioritizing ruthlessly and leaning into the things that really matter, you'll save time and avoid burnout.

Real Estate Agent 178

Real Estate Agent Business Real Estate Agents 178

BiggerPockets

JANUARY 11, 2024

Everyone keeps talking about an incoming surge of home foreclosures.

Real Estate 93

Real Estate 93

Inman

JANUARY 11, 2024

Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com.

Brokerage 177

Brokerage Real Estate Technology 177

BiggerPockets

JANUARY 11, 2024

Do you dream of hitting financial independence before the age of fifty, forty, or even thirty?

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93

Inman

JANUARY 11, 2024

The 1958-built property designed by architect Hugh Kaptur and later renovated by architect Albert Frey is hitting the market for the first time since its completion at $8.75 million.

Modernization 173

Modernization Renovations Marketing Design 173

Mortgagebroker News

JANUARY 11, 2024

Market conditions could see a big shift in urban areas

Marketing 81

Marketing 81

Inman

JANUARY 11, 2024

Find out how this Florida Keys broker-owner blends her entrepreneurial drive with environmental consciousness and community service.

Real Estate 167

Real Estate Brokerage 167

Mortgagebroker News

JANUARY 11, 2024

Expect a wave of Canadians to make the move

Mortgage 81

Mortgage 81