Housing Wire

JANUARY 29, 2024

After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that if there isn’t significant supply growth and buyer demographics remain strong, home prices will rise once again.

Housing Market 481

Housing Market Marketing Mortgage Investors 481

Real Estate News

JANUARY 29, 2024

The largest firms are claiming an increasing number of sales, driven in part by fast-growing companies like Compass and eXp.

Brokerage 270

Brokerage 270

Housing Wire

JANUARY 29, 2024

When it comes to home staging, there are two homeowner camps: those who think it’s a waste of money and don’t want to pay more to make their home more attractive to buyers and those who realize the worth and are willing to make the investment needed. While most Realtors will die on the hill that staging should never be cut out of the home selling strategy, this year it’s even more important.

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Realtors Buyers Decorating Agents 454

Real Estate News

JANUARY 29, 2024

The iBuyer has introduced two new tiers in its agent partnership program, which provide up to 4% in referral fees and access to more sell-side deals.

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Agents Clients 218

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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

JANUARY 29, 2024

Three years into its controversial ultimatum , United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp. UWM on Thursday when filed a lawsuit in a U.S. district court in Michigan against Atlantic Trust Mortgage Corporation, a Florida-based broker shop with 18 loan officers, per the Nationwide Multistate Licensing System (NMLS).

Contracts 448

Contracts Loan Officers Lending Retail 448

Housing Wire

JANUARY 29, 2024

Last week, the National Association of Realtors released their December pending sales data. The headline was an impressive 8% jump over December of 2022. If you’ve been following along with the Altos data, you’ll know that home sales have been expanding for two months now. They obviously picked up in December when mortgage rates did a recent dip. We shared that sales growth data back in December as it was happening in the housing market.

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Contracts Inventory Housing Market Mortgage 424

Inman

JANUARY 29, 2024

A buyer with a monthly budget of $3,000 can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8 percent, according to Redfin.

Buyers 189

Buyers Mortgage Marketing 189

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% by the end of this year. Most forecasts call for rates to bounce within the 6% to 7% range in 2024, marking the first annualized decline after three straight years of gains.

Mortgage 415

Mortgage Inventory Investors Housing Market 415

Inman

JANUARY 29, 2024

The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data.

Business 187

Business Housing Market Brokerage Agents 187

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

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.

Real Estate 415

Real Estate Clients Real Estate Agent Agents 415

Inman

JANUARY 29, 2024

The developer was once considered too big to fail, but it over-borrowed and was hurt by China's weakening property market.

Development 184

Development Marketing Investing Real Estate 184

Housing Wire

JANUARY 29, 2024

Despite looking a bit different at the end of 2023, there were a lot of similarities in the full-year Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) issuance tables when compared to recent years. One thing that is much different compared to 2022, however, is total issuance. Here are the top 10 HMBS issuers in 2023 as tabulated by New View Advisors , based on publicly available Ginnie Mae data and private sources the firm has access to.

Mortgage 391

Mortgage Finance Home Value Design 391

Inman

JANUARY 29, 2024

Real estate professionals and financial advisers can help individuals make informed decisions, writes investment expert Michael Conticelli, whether buying a home, pursuing alternative investments or building a real estate portfolio.

Clients 174

Clients Real Estate Investing Marketing 174

Housing Wire

JANUARY 29, 2024

The National Reverse Mortgage Lenders Association (NRMLA) announced that it will return to the Western U.S. for its 2024 annual meeting, which will take place slightly earlier in the year than usual, according to a member alert. The 2024 NRMLA Annual Meeting and Expo will be held Sept. 24-26 at the Hard Rock Hotel in San Diego. The 2018 edition of the event was the last one to take place in San Diego, which was also the last edition of the event held on the West Coast.

Mortgage 382

Mortgage Development Business 382

Inman

JANUARY 29, 2024

Mitchelson will work with the Corcoran Affiliate Network's sales team to lead strategic growth through the addition of new Corcoran affiliates.

Development 170

Development Brokerage 170

Housing Wire

JANUARY 29, 2024

The U.S. Department of Housing and Urban Development (HUD) announced on Monday that it will distribute $3.16 billion in homelessness aid to communities across the country through its Continuum of Care program, which is designed to provide housing assistance and/or support services to people experiencing homelessness. HUD Secretary Marcia Fudge announced the award totals during a Monday appearance in Savannah, Georgia , with the Chatham-Savannah Interagency Council on Homelessness , an organizati

Design 380

Design Government Development 380

Inman

JANUARY 29, 2024

A real estate team shouldn’t be made up of individuals just doing a bunch of separate jobs, writes development specialist Hana Cha. It should be an ace crew ready to tackle any challenge, any client, in any market.

Real Estate 170

Real Estate Clients Development Marketing 170

Housing Wire

JANUARY 29, 2024

HousingWire recently spoke with Jonathan Willen, chief revenue officer at LERETA , about the upcoming escrow wave, the rising threat of cyber attacks on servicers and what trends he’s seeing in the industry this year. HousingWire: Servicing has always been a challenging business, but you believe that there are external forces at play that are about to raise the level of difficulty significantly, can you please explain?

Insurance 379

Insurance Real Estate Technology Clients 379

Inman

JANUARY 29, 2024

Trainer Bernice Ross talk with Kenya Burrell Van Wormer and Katherine Winston about their new initiative to transform the real estate and proptech industry by supporting “underrepresented, underestimated and underutilized” entrepreneurs.

Real Estate 168

Real Estate Technology Agents 168

Housing Wire

JANUARY 29, 2024

Homebuyers are getting some relief in 2024 as mortgage rates recede from their 20-year high point of last October. A homebuyer with a $3,000 monthly budget has gained nearly $40,000 in purchasing power since October, according to a new Redfin report. Indeed, with a 6.7% mortgage rate, the prospective buyer with a $3,000 budget can afford a $453,000 home.

Buyers 370

Buyers Mortgage Agents Investors 370

Inman

JANUARY 29, 2024

The former Keller Williams president took a roughly three-year sabbatical from the industry while going all-in on being a dad. Team wasn't sure he'd ever return to real estate — until he got to know Ryan Serhant.

Real Estate 167

Real Estate Brokerage Agents 167

Housing Wire

JANUARY 29, 2024

Ready to launch your real estate career in Utah? You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. We’ve researched the top Utah real estate schools to find the best online programs for your prelicensing education, with various options to fit every learning style and budget. Choosing right school and program will help you ace the Utah real estate exam and provide the foundation for success in your new career.

Real Estate 358

Real Estate Real Estate Agent Agents Law 358

Inman

JANUARY 29, 2024

In his latest Snapshot profile, Brandon Doyle finds out how Michael Alladawi is continuously redefining the real estate industry with innovative concepts and solutions.

Real Estate 159

Real Estate Agents 159

Housing Wire

JANUARY 29, 2024

The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff. In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Kays join John and Nancy Moratis in the suit that was originally filed in early December 2023 in the U.S.

Brokerage 336

Brokerage Realty Real Estate Real Estate Agent 336

Inman

JANUARY 29, 2024

OpenAI's Adam Goldberg argued at Inman Connect New York that the most important skill for using AI effectively is "clarity of thought.

Technology 152

Technology 152

Appraiserblogs

JANUARY 29, 2024

It turns out they were actually rejecting your proposals and not your bids! It’s time to grab your popcorn and settle in for another round of AMC shenanigans. Last week, Class Valuation, the esteemed AMC known for their impeccable reputation, sent out an email to appraisers claiming that they do not “bid for the cheapest and fastest appraisal.” Instead, they send out a request for proposal, because apparently, they are now a Fortune 500 company looking for fancy proposals from appraisers.

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Valuation Appraisal 131

Inman

JANUARY 29, 2024

2024 will be all about listings. So, how will the winners rise to the top? The not-so-secret to success is automating the heavy lifting that needs to happen for agents to continually find and win listings.

Agents 151

Agents Brokerage 151

BiggerPockets

JANUARY 29, 2024

College keeps getting more expensive. How will you pay for your kids' education? Real estate is a good choice. Here are two great ways to use your real estate investments to help.

Real Estate 91

Real Estate Investing 91

Inman

JANUARY 29, 2024

From markets to mindset to commissions, trainer Bernice Ross breaks down the top insights from the power-packed CEO Connect stage.

Marketing 130

Marketing Brokerage Agents 130

BiggerPockets

JANUARY 29, 2024

Real estate investing is a popular path to financial freedom, but if you’re not careful, bad debt can get in the way.

Real Estate 90

Real Estate Investing 90

GoForrmz

JANUARY 29, 2024

“ GoFormz plays a huge role in our company culture. ” — Brandon Tupper, Owner, Knights Spraying About Knights Spraying Knights Spraying is the leading provider of vegetation control services in Vermillion, Alberta. Their expertise extends to working with organizations in diverse sectors such as the oil and gas industry, utility companies, industrial plants, pipelines, right-of-ways (ROWs), municipalities, commercial businesses, highway contractors, and more.

Tools 78

Tools Business 78

BiggerPockets

JANUARY 29, 2024

Want to know how to buy your first rental property without money getting in the way?

Real Estate 89

Real Estate Investing 89