Housing Wire

SEPTEMBER 20, 2023

Housing markets in Western states like Idaho, Wyoming and Utah are stumbling on a year-to-year basis, while markets east of the Mississippi are heating up, according to CoreLogic data provided exclusively to HousingWire. As of Sept. 1, the top 10 states by year-to-year growth in the CoreLogic House Price Index are located exclusively in the Midwest or Northeast, with Vermont’s 8.52% gain leading the nation.

Real Estate 505

Real Estate Housing Market Inventory Marketing 505

Real Estate News

SEPTEMBER 20, 2023

The Fed did not boost interest rates at its September meeting but warned that one more hike is likely this year.

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Mortgage 316

Housing Wire

SEPTEMBER 20, 2023

The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. However, the door remains open for another increase as early as November. Most Fed officials last June had penciled in two more rate rises this year, one in July and one more in the fall. Most investors are already wondering what it would take for the central bank to lift rates again later this year.

Housing Market 476

Housing Market Mortgage Landlords Marketing 476

Real Estate News

SEPTEMBER 20, 2023

Forget the spring and summer rush — home shoppers will have better luck making a deal during the first week of October, according to Realtor.com.

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Buyers 311

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

Construction

Housing Wire

SEPTEMBER 20, 2023

In the week leading up to the Federal Open Market Committee meeting, mortgage applications finally ticked up. For the week that ended Sept. 15, mortgage applications rose 5.4% from the prior week , according to data from the Mortgage Bankers Association. Last week, purchase applications increased for both conventional and FHA loans but remained 26% lower than the same week a year ago.

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Mortgage Inventory Contracts Buyers 476

Housing Wire

SEPTEMBER 20, 2023

Defendants in the Sitzer/Burnett class action lawsuit, which deals with buyer brokers’ commissions, are facing two fewer claims. On Monday, plaintiffs in the Sitzer/Burnett suit filed an unopposed motion for dismissal of the state law claims pled in their third amended complaint. Stephen R. Bough, a U.S. District Court Judge in Kansas City, issued a preliminary approval of the dismissal with prejudice on Tuesday.

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Buyers Law Realtors Agents 459

Inman

SEPTEMBER 20, 2023

Pam O'Connor retired as CEO of Leading Real Estate Companies of the World and was named one of the top 25 thought leaders by the National Association of Realtors. In this op-ed, she shares her thoughts on the organization, its business model, and makes the case for what else needs to change.

Business 199

Business Realtors Real Estate Brokerage 199

Housing Wire

SEPTEMBER 20, 2023

First impressions matter, especially in the luxury real estate market. And often your first impression as a brokerage or an agent is your online presence. A well-designed and captivating digital platform instantly conveys professionalism, credibility and exclusivity — and the opposite can turn customers away. From your website to your social media platforms, setting a high standard creates a lasting positive impression on potential clients.

Real Estate 435

Real Estate Brokerage Luxury Properties Design 435

Inman

SEPTEMBER 20, 2023

Treasury yields, a barometer for mortgage rates, barely budged Wednesday as bond market investors look ahead to next year when the Fed is expected to start bringing short-term rates back down.

Investors 195

Investors Mortgage Marketing 195

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.

Real Estate

Housing Wire

SEPTEMBER 20, 2023

The same home insurance scenario being played out in states like Florida and California due to elevated risk of natural disasters is becoming more pronounced in the Pacific Northwest according to a new report from the Seattle Times. Dozens of state residents have appealed policy limitations, cancellations or site-unseen denials to the Washington Office of the Insurance Commissioner.

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Insurance Law Construction Government 435

Inman

SEPTEMBER 20, 2023

Applications for FHA mortgages and conforming loans backed by Fannie and Freddie were up last week, even as rates crept back toward 2023 highs registered in August.

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Mortgage Marketing 193

Housing Wire

SEPTEMBER 20, 2023

Trading volume in the mortgage servicing rights (MSR) market this year is still on track to reach or slightly exceed 2022’s $1 trillion mark , with trading volume in the fourth quarter of this year projected to be robust as market players race to finish deals prior to year’s end. Still, there are challenges facing the MSR market related to the staying power of the huge volume of mortgage servicing rights now being traded that are pegged to legacy loans at low interest rates — in the 3% to 4% ran

Investors 435

Investors Mortgage Buyers Investing 435

Inman

SEPTEMBER 20, 2023

Does size matter? It depends on your goals, says Livian's Erin McCormick Torres. Here are the pros and cons of small teams and mega teams, to help you wade through your options before making any big decisions.

Real Estate 192

Real Estate Agents 192

Housing Wire

SEPTEMBER 20, 2023

The Makinney Group, led by principal agent Tom Makinney, has joined Compass in Chicago , the company announced on Wednesday. Makinney made the leap with his two agents, Jill Giorno and Jen Goodale.The top team was previously at brokerage @properties. The Makinney Group, recognized for their community involvement and referral transactions, brings 35 years of combined experience in the Chicagoland real estate market to Compass.

Real Estate 435

Real Estate Agents Brokerage Technology 435

Inman

SEPTEMBER 20, 2023

The third annual Top Producers list honors 388 agents and team leaders who raked in $8.53 billion in 2023 alone, reflecting the growing influence of LGBTQ+ agents in the industry, the Alliance says.

Real Estate 190

Real Estate Agents Brokerage 190

Housing Wire

SEPTEMBER 20, 2023

Digital mortgage automation solution provider Floify launched verification of income (VOI) and verification of employment (VOE) waterfall technology that aims to save lenders and mortgage brokers time and reduce costs during the loan origination process. “The new VOI and VOE features in the Floify platform enable mortgage professionals to view the results of multiple verification reports from different providers, starting with the least expensive one, rather than having to run each one individua

Technology 435

Technology Real Estate Agent Loan Officers Clients 435

Inman

SEPTEMBER 20, 2023

Builder sentiment for newly built single-family homes slid five points to a score of 45, the second straight month of steep decreases.

Mortgage 185

Mortgage Marketing 185

Housing Wire

SEPTEMBER 20, 2023

Compass’ brokerage firm recruiting efforts continue. Deasy Penner Podley , or DPP Real Estate is the latest boutique brokerage to affiliate with the national firm, according to an announcement on Tuesday. Moving forward, the firm will be known as DPP @ Compass. Compass described the move as a “partnership,” but the financial terms of the deal were not disclosed.

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Brokerage Real Estate Architecture Agents 435

Inman

SEPTEMBER 20, 2023

The new affiliate is owned and operated by Jerry Mooty, Jr., with Romeo Manzanilla serving as COO and broker of record. The location builds upon Christie's existing presence in the Texas markets of Dallas and Houston.

Real Estate 183

Real Estate Marketing Brokerage 183

Housing Wire

SEPTEMBER 20, 2023

In real estate brokerage, success is often measured in numbers — deals closed, properties sold, profits made. But beneath the surface of these metrics lies a vital force that drives a company’s true achievements: its culture. As I reflect on my journey in the real estate industry, I’ve come to realize that culture isn’t just a buzzword; it’s the heartbeat of an organization.

Real Estate 435

Real Estate Brokerage Realtors Business 435

Inman

SEPTEMBER 20, 2023

Christie's International Real Estate co-CEO Thad Wong and newly appointed co-President Natalie Hamrick revealed to Intel the strategic thinking behind its executive shakeup earlier this week.

Brokerage 183

Brokerage Real Estate Agents Marketing 183

Eyes on Housing

SEPTEMBER 20, 2023

The Federal Reserve’s monetary policy committee held the federal funds rate at a top target rate of 5.5% at the conclusion of its September meeting. The Fed will also continue to reduce its balance sheet holdings of Treasuries and mortgage-backed securities as part of quantitative tightening. These actions are intended to slow the economy and bring inflation back to 2%.

Mortgage 162

Mortgage 162

Inman

SEPTEMBER 20, 2023

The kitchen may look groovy, but none of the appliances in "The Brady Bunch" replica house are functional, new homeowner Tina Trahan learned shortly after acquiring the property. Fortunately, she couldn't care less.

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179

Appraiserblogs

SEPTEMBER 20, 2023

It’s a Great Time to Leave the Appraisal Profession. I can hear the chorus of my fellow appraisers rising up in disagreement with me. I envision many of them screaming, “But I love being an appraiser”! Yeah, I hear you. I loved being an appraiser too. Let’s not consider what we were but what they want us to become. First, ask yourself if you are still making a livable wage.

Appraisal 148

Appraisal Marketing Valuation 148

Inman

SEPTEMBER 20, 2023

It's always good to know that someone has your back, especially when you're building a business. That's why a team can be such a great idea.

Business 179

Business Agents 179

BiggerPockets

SEPTEMBER 20, 2023

Don't sit this one out. Now is the time for investors to buy up the properties they have their eyes on, and this is why.

Real Estate 96

Real Estate Investors 96

Inman

SEPTEMBER 20, 2023

Inman learned in a Sept. 19 press release that California Regional MLS will add the digital floor plan creation software to its list of preferred providers.

Technology 179

Technology Marketing 179

BiggerPockets

SEPTEMBER 20, 2023

The city is always under threat from natural disasters, yet it continues to grow every year and boasts one of the largest populations in the country. Is it a good place to invest, though?

Investing 91

Investing Real Estate Marketing Housing Market 91

Inman

SEPTEMBER 20, 2023

Interest rates, insurance premiums, tax concerns and more are keeping sellers from putting their homes on the market and forcing them to defer their dreams. Team leader Carl Medford believes it's up to real estate agents to communicate effectively and help sellers move forward.

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Sellers Real Estate Agent Insurance Real Estate 179

BiggerPockets

SEPTEMBER 20, 2023

KB Homes provided some interesting data tracking cancellation rates, citing it as a good indicator of where the real estate market is heading. What did the data say?

Marketing 91

Marketing Real Estate Housing Market 91

Inman

SEPTEMBER 20, 2023

No one can predict the future of real estate, but you can prepare. Find out what to prepare for and pick up the tools you’ll need at the immersive Virtual Inman Connect online Nov. 1-2, 2023. And don’t miss Inman Connect New York on Jan. 23-25, 2024, where AI, capital and more will be center stage.

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Real Estate Tools 174

BiggerPockets

SEPTEMBER 20, 2023

Ryan Tseko became a multifamily millionaire by his mid-thirties after giving up his previous career to invest.

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Investing Real Estate 91