Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% of U.S. homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% the month prior. In some markets, more than 50% of active listings have experienced a price cut, according to Altos Research.

Sellers 516

Sellers Buyers Real Estate Agent Inventory 516

Real Estate News

SEPTEMBER 29, 2023

The French company has over 20,000 agents across Europe and Mexico, and now it’s ready to stake a claim in the lucrative U.S. market.

Brokerage 273

Brokerage Agents Marketing 273

Housing Wire

SEPTEMBER 29, 2023

The loan officers that Scott Groves talks to are struggling. Really struggling. Mortgage rates are around 7.7%, the highest levels in over 20 years, and LOs across America are having to reset their strategies. It’s no longer about just outlasting a bad market for a couple of months. “I would say a vast majority of LOs have woken up to the fact that it won’t get easier,” said Groves, a branch manager at Synergy One Lending and owner of Consolidated Coaching.

Loan Officers 435

Loan Officers Mortgage Buyers Finance 435

Real Estate News

SEPTEMBER 29, 2023

Chief Growth Officer Michael Valdes says eXp doesn’t “recruit” agents in a transactional sense, but seeks to “attract” for long-term growth and success.

Agents 272

Agents 272

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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 29, 2023

Less than three weeks out from the trial start date, plaintiffs in the Sitzer/Burnett buyer broker commission class action lawsuit filed a notice to withdraw three named plaintiffs. Attorneys for the plaintiffs notified the court in Kansas City that they wish to withdraw Scott Trupiano, Ryan Hendrickson, and Scott Burnett as class representatives. The two-page filing offered no explanation for the decision.

Brokerage 435

Brokerage Realtors Agents Design 435

Housing Wire

SEPTEMBER 29, 2023

MoxiWorks , a real estate technology platform, just made it easier to create and share presentations thanks to its latest product integration. The company combined its two tools — MoxiPresent and MoxiConnect — to streamline the creation of presentations , buyer tours and annual property reviews to send the assets directly to customers. “Innovation at MoxiWorks is always done with an eye towards making the agents more efficient and maximizing their opportunities.

Real Estate Agent 435

Real Estate Agent Real Estate Clients Agents 435

Real Estate News

SEPTEMBER 29, 2023

In the wake of a cyberattack that knocked the Ohio MLS offline in August, the organization rushed to roll out a new system, but bugs frustrated agents.

Agents 251

Agents 251

Housing Wire

SEPTEMBER 29, 2023

David Childers has been promoted to the role of chief executive officer at Keeping Current Matters , the company announced on Wednesday. Childers previously served as KCM’s president for almost two years. Before that, he was the vice president of content and marketing. His appointment coincides with owner Bill Harney shedding the CEO title, which he has held since October 2014.

Real Estate 435

Real Estate Marketing Mortgage Housing Market 435

Real Estate News

SEPTEMBER 29, 2023

RE/MAX snags 165-agent firm; Century 21 grows in Long Island, Chicago; The Agency expands in Montana; Real enters Vermont; Christie's opens in Park City; more.

Brokerage 204

Brokerage Agents 204

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 29, 2023

The recently completed $300 million-plus acquisition of Home Point Capital by Mr. Cooper provided an attractive opportunity to bolster the company’s existing mortgage servicing rights (MSR) portfolio, and it’s expected to boost the company’s bottom line within the next couple of quarters. This is according to Jay Bray, CEO of Mr. Cooper, in an interview on HousingWire’s Housing News podcast hosted by HW Media CEO Clayton Collins.

Logistics 435

Logistics Mortgage Finance 435

Inman

SEPTEMBER 29, 2023

It takes a highly qualified real estate agent to perform at the level that some of the world's wealthiest celebrities demand. Here are the top ones serving Hollywood, according to "The Hollywood Reporter.

Real Estate Agent 199

Real Estate Agent Real Estate Agents 199

Eyes on Housing

SEPTEMBER 29, 2023

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $132 billion in taxes were paid by property owners in the second quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q2 2023, state and local governments collected $727 billion of property tax revenue—a 7.4% increase over Q2 2022. The year-over-year growth rate of.

Property Taxes 160

Property Taxes Government Finance 160

Inman

SEPTEMBER 29, 2023

New Inman contributor Nick Boniakowski digs into the latest research on buyer desires to find out how to meet the needs of more intentional home searches.

Buyers 197

Buyers Agents Marketing 197

DataMaster

SEPTEMBER 29, 2023

TROY, MI — Sept. 29, 2023 – Class Valuation is pleased to announce that Jennifer Tossavainen has joined the company as managing director of DataMaster, the gold standard for property data management software. In this role, Tossavainen will oversee DataMaster’s day-to-day operations, implement strategies to enhance efficiency, and build upon the company’s vision to grow a technology platform that modernizes the appraisal space.

Valuation 148

Valuation Real Estate Modernization Appraisal Process 148

Inman

SEPTEMBER 29, 2023

A judge struck down claims that defendants conspired to "fix," "maintain" and "increase" prices for buyer brokerage services, but allowed claims they sought to "control" prices to proceed.

Brokerage 195

Brokerage Buyers Law Real Estate 195

Appraiserblogs

SEPTEMBER 29, 2023

Fannie Mae Continues Their Effort To Get Rid Of Appraisers: Sends “Tips” For the past year, Fannie Mae has sent unsigned complaints to state appraisal boards; when they see something they don’t like, they write it up and send it to the state. In their recent newsletter, this effort is called “Tips.” They emphasize they are not automated: LQC reviews are not automated.

Appraisal 128

Appraisal 128

Inman

SEPTEMBER 29, 2023

With Inman Top 5, you'll find the most essential stories, chosen by our readers. Here are the most-read stores of Sept. 23-28, 2023.

Agents 194

Agents 194

BiggerPockets

SEPTEMBER 29, 2023

The rental market has continued to grow in much of the country, but signs of softness are starting to creep in. Here's what you need to know.

Landlords 93

Landlords Marketing Housing Market 93

Inman

SEPTEMBER 29, 2023

This week: There are some bad actors out there. It's up to you to protect yourself and your clients from fraudsters, scammers and cybercriminals.

Clients 193

Clients Realty Brokerage Agents 193

BiggerPockets

SEPTEMBER 29, 2023

It's no secret that as prices have risen, the ability to cash flow has declined rapidly. Yet, investors continue to scrape up properties every day. Have we all gone mad?

Investors 93

Investors 93

Inman

SEPTEMBER 29, 2023

If you want your tech to work for your team, you need to think through the process of implementing it and making it stick. Tech CEO Sheila Reddy offers a three-point strategy for making team tech fulfill its promises.

Technology 190

Technology Brokerage Agents 190

BiggerPockets

SEPTEMBER 29, 2023

Why go through the trouble of economic cycles when you can invest passively and avoid the ups and downs? Start your journey today with a minimum of $500!

Investors 92

Investors Investing Marketing 92

Inman

SEPTEMBER 29, 2023

According to new Inman contributor and attorney Renée Hunter, from cybercriminals to family members, property fraud of all kinds is on the rise. Find out what practical steps you and your professional network can take to put a stop to it.

Lending 190

Lending Brokerage Agents Marketing 190

BiggerPockets

SEPTEMBER 29, 2023

An investor-friendly lender can help you secure funding that aligns with your real estate investing goals. Here are a few places to find a lender.

Investors 92

Investors Real Estate Investing Finance 92

Inman

SEPTEMBER 29, 2023

The Agency's CEO was not a top scorer during his debut appearance on the competitive dance reality series, but the judges seemed excited by his enthusiasm, and Umansky scored well enough to avoid elimination.

Agents 187

Agents 187

BiggerPockets

SEPTEMBER 29, 2023

The latest Fed meeting didn't feature a rate increase, but what's in store for the next one? What's the current mortgage outlook?

Mortgage 91

Mortgage Real Estate 91

Inman

SEPTEMBER 29, 2023

Washington Trust "vehemently" denies the allegations but joins a long list of lenders who have coughed up $98 million in settlements since the DoJ launched an anti-redlining initiative in 2021.

Mortgage 183

Mortgage 183

BiggerPockets

SEPTEMBER 29, 2023

Things change, and sometimes, you need to move out of your primary residence. Does it make sense to sell your home? Or should you turn it into cash flow? Here's what you need to know.

Investing 88

Investing Real Estate 88

Inman

SEPTEMBER 29, 2023

Home prices could be reaching a breaking point, new report says, as housing affordability drops to lowest level since 2007. The median price of homes and condos is a record $351,250.

179

179

Mortgagebroker News

SEPTEMBER 29, 2023

Experts discuss the key factors behind helping agents and brokers streamline their business through tech

Technology 87

Technology Agents Mortgage Business 87

Inman

SEPTEMBER 29, 2023

What if you could have a partner who helps you study and keeps you accountable?

Real Estate 179

Real Estate Agents 179

Mortgagebroker News

SEPTEMBER 29, 2023

Marginal growth reduces prospect of further rate hikes

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87