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Institutional home-buying activity remained subdued last year as transactional players including iBuyers , flippers, and sales leaseback firms dominated the market. While major single-family rental (SFR) funds continued to make acquisitions, their volume was significantly lower than during the post-pandemic surge of 2021. An analysis by SFR Analytics , which tracks nationwide real estate transactions, found that the threshold to rank among the top 10 buyers in 2024 was nearly 80% lower than it
Wait, are short sales back? Yes, they are. But let’s unpack what this means and sift through the hype. Also, I have some thoughts about comp selection and VA carnage. I’d love to hear your take in the comments. UPCOMING SPEAKING GIGS: 3/20/25 HomeSmart iCare Realty 4/2/25 SAFE Credit Union (RSVP here) 4/10/25 Yuba-Sutter Association […] The post Short sales are BACK (sort of) first appeared on Sacramento Appraisal Blog.
Disaster-stricken areas can place undue hardship on real estate agents looking to sell houses and sales volumes often take a hit. In Tampa, Florida, for example, pending home sales fell by 32% last fall after the arrival of hurricanes Helene and Milton, according to Redfin. And a report published this week said that agents in Florida, California and South Carolina are being forced to change tactics to survive in their markets.
Its March, and while everyones gearing up for March Madness, were switching things up! No guest todayjust Jim and Hal breaking down everything you need to know about ACTS 2025 in San Antonio, TX (April 4th-9th for the full event, April 6th-8th for the conference). You can register now at appraisersconference.net Whats on deck? UAD Updates We know youve got questions, and weve got answers!
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Financial services veteran Patrick Halonen has joined reverse mortgage lender and servicer Longbridge Financial as the companys new head of credit policy, underwriting and quality control. With over 25 years of expertise in the financial services industry, Halonens appointment underscores Longbridges continued commitment to enhance its operational frameworks as the company continues to expand, the company explained in its announcement.
Sawmill and wood preservation firms reported lower capacity utilization rates coupled with level production and capacity throughout 2024. Despite no growth in production in 2024, utilization rates have trended downwards since 2017 as sawmills have expanded production capability. Even with more production capability, real output has not followed as output remains lower than 2018.
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Sawmill and wood preservation firms reported lower capacity utilization rates coupled with level production and capacity throughout 2024. Despite no growth in production in 2024, utilization rates have trended downwards since 2017 as sawmills have expanded production capability. Even with more production capability, real output has not followed as output remains lower than 2018.
Mortgage applications decreased 6.2% from last week, which marked the first decrease in several weeks. That’s according to the latest data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 14, 2025. The Market Composite Index, which measures mortgage loan application volume, decreased 6.2% on a seasonally adjusted basis from one week earlier.
In todays world of AI search and brokerage M&A, trainer Bernice Ross writes, branding your business with your name or your brokerage isnt enough. Here's what to do instead.
The U.S. remodeling industry reached $600 billion in value following the COVID-19 pandemic. Despite recent softening in 2022 and 2023, it still remains 50% above pre-pandemic levels. But industry fragmentation, inflation and a shortage of skilled trade labor jeopardize the ability of the industry to fully meet demand, according to a new report by the Harvard Joint Center for Housing Studies (JCHS).
Former Las Vegas Realtors CEO Wendy DiVecchio claims her suspension and a subsequent probe into last year's Realtor elections lacked transparency. After she sued, she received a death threat.
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.
Editor in Chief Sarah Wheeler sat down with Chad Smith, president and COO of Better Mortgage , to talk about leadership, technology, and how they have pivoted their business strategy to meet the needs of this market. Smith joined Better in May 2024 after serving in senior leadership roles at Mission Loans, Caliber Home Loans and loanDepot. This interview has been edited for length and clarity.
I had just landed in Mexico when my phone started blowing up. A client needed to see a house and of course they needed to see it immediately. Another agent was asking for an open house on the condo for the 3rd weekend in a row. A title company had a question about closing documents. In the past, I would have gone straight into panic lets get it done mode, trying to balance pia coladas with last-minute texts and frantic calls.
The Tim Stout Group has joined eXp Realty. The Newnan, Georgia-based team is the sixth multimillion-dollar team to join the cloud-based brokerage in 2025.
Cardinal Financial Wholesale has introduced Cardinal Complete, a new loan processing solution aimed at streamlining operations for mortgage brokers. The platform offers an end-to-end processing service designed to reduce administrative burdens and improve efficiency from application to closing. The service, powered by Cardinal Financial s proprietary loan origination system, Octane, provides brokers with a dedicated team to handle file management, compliance oversight and quality control.
Economic factors could cause the Federal Reserve to change course, but heading into the spring homebuying season, mortgage rates are likely to remain stable.
Virginia-based River City Blues Realty has merged with United Real Estate Richmond to form RVA Blue Realty , according to an announcement on Wednesday. United Real Estate Richmond is the largest Black-owned real estate brokerage in America, founded by brothers John S Finn Jr. and Jeffrey S Finn. Through this merger, the Finns are welcoming both Smitty Smith and June Smith to their team.
The formula for a future-ready brokerage, according to new Inman contributor Abbey Wostal: Make yourself accessible, create a culture of collaboration and focus on growth over volume.
In its supplemental statement of interest in the Nosalek suit filed on Monday, the Department of Justice (DOJ) didnt just address its ongoing qualms with MLS Property Information Networks (MLS PIN) settlement. In a footnote on the seventh page of the filing, the DOJ decided to offer some clarity on its current feelings about the National Association of Realtors (NAR) Clear Cooperation Policy (CCP).
In a widely anticipated move, the Federal Reserve remained on pause with respect to rate cuts at the conclusion of its March meeting, maintaining the federal funds rate in the 4.25% to 4.5% range. While the central bank acknowledged that the economy remains solid, it emphasized a data- and policy-dependent approach to future monetary policy.
Although the phrase DEI has become like a political leper, which many do not want to touch in this political climate, diversity, equity, and inclusion in home and land ownership have remarkably been a 163-year staple. How so? You have dysentery The time setting of the Oregon Trail game (1847-1848) means that typically only white males who made the trek would be rewarded with federal land.
A middle ground that provides choices for sellers and options for agents might be just what the industry needs to create movement in the market, broker Cara Ameer writes.
After taking the time to digest elements of a proposal from lawmakers in Hawaii , the National Reverse Mortgage Lenders Association (NRMLA) has expressed support for a measure to establish a state-run Home Equity Conversion Mortgage ( HECM ) program there. In a letter submitted by NRMLA to sponsor lawmakers at the end of February, the association explained that it strongly supports the adoption of such a program.
You have to wear so many hats as a real estate professional, including that of marketing expert. What's your No. 1 marketing strategy that's working now?
Better Home & Finance Holding Co. on Wednesday reported its financial results for the fourth quarter and full year of 2024. The earnings release touted growth compared to 2023 and detailed the company’s plans of “diversifying Betters offering, and leveraging Tinman to power local loan officers” through a new program. Better shared an update on the NEO Powered by Better program, which included the onboarding of 110 NEO Home Loans originators across 53 branches. “Since
Despite record-high home prices in recent years, rates of ownership are up but affordability and access to credit pose tough challenges for people of color.
While most of the insurance crisis news is focused on the impact of hurricanes and wildfires , hail is gaining ground as the repair of storm-damaged houses has grown so expensive that insurers are increasing premiums and even dropping homes to protect profits. Per Wall Street Journal coverage of the same topic , convective storms meaning storms characterized by rising warm, moist air, that potentially leads to heavy rainfall, strong winds, hail and even tornadoes cost insurers $58 billion in t
Searching for a picturesque Spring trail that makes for an enjoyable and refreshing outing for all ages? Look no further than the Clipper City Rail Trail in Newburyport, Massachusetts. The Clipper City Rail Trail is a multi-use path that is enjoyed by walkers, runners, scooters, bikers, children in strollers and of course the family pet! The trail boasts a wide, paved path that covers 3.3* miles and connects to the Newburyport Harbor Walk.
Chief operating officer Tammy Richards is taking on a new role at Kind Lending. Richards announced Tuesday on LinkedIn that shes now the president of retail at Kind Lending, a move that comes a little less than a year after she joined the company. She had an association with Kind Lending before being hired as COO, as the company was a client of LendArch, the mortgage consulting firm she founded in 2021.
HOW TO SELL A FLORIDA HOME THAT HAS HURRICANE DAMAGE Selling a damaged home in Florida can feel stressful. Buyers hesitate when properties need repairs. If you want to sell a Florida home that has hurricane damage, you need a strong plan. Pricing, repairs, disclosures, and marketing all affect the process. Understanding your options will help you attract buyers and close the sale faster.
Better ‘s fourth-quarter and full-year 2024 earnings call showcased the company’s growing revenue and its plans to further integrate artificial intelligence into the mortgage process. Vishal Garg , Better’s CEO and founder, said that despite a market with historically low housing affordability and persistently high mortgage rates , Better saw progress in its funded loan volume.
To succeed in a competitive market, buyers should secure pre-approval, be flexible with closing dates, and stay available for showings. A higher down payment signals financial strength, while shortening contingencies shows commitment. In hot markets, offering above asking can provide an edge. Lastly, partnering with a trusted realtor ensures expert guidance and negotiation.
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