Housing Wire

APRIL 11, 2024

Many real estate executives and analysts believe that the Department of Justice , now with the green light to reopen its investigation into the National Association of Realtors , will shake up the civil commission lawsuit settlement agreement. But legal experts are not as certain. Now unshackled , the DOJ could file a statement on interest in the Sitzer/Burnett commission lawsuit and express concerns about the terms of NAR’s settlement agreement.

Real Estate 495

Real Estate Law Realtors Legal 495

Sacramento Appraisal Blog

APRIL 11, 2024

It’s been a pretty normal spring season so far, but if mortgage rates keep ticking up, that’s an x-factor in changing the feel of the market. Today, I have a big market update. This post is designed to skim by topic or digest slowly. UPCOMING SPEAKING GIGS: 4/11/24 Lindsay Carlisle Event (private) 4/25/24 HomeSmart iCare […] The post Wait, so rates aren’t going down now?

Design 369

Design Appraisal Marketing Mortgage 369

Housing Wire

APRIL 11, 2024

As the real estate industry undergoes a significant shift in its commission structure, a recent Redfin survey reveals a lack of knowledge among homebuyers regarding their agents’ compensation. According to the findings, a significant portion of recent homebuyers remain in the dark about crucial aspects of agent payments. For example, 28% of recent homebuyers were unaware of the precise amount their agent received, 17% lacked knowledge about how this amount was determined and 19% were uncertain a

Agents 468

Agents Real Estate Sellers Buyers 468

Appraisal Buzz

APRIL 11, 2024

There were 95,349 foreclosure filings on U.S. properties in the first quarter, an increase of 3% compared with the fourth quarter but down less than 1% compared with the first quarter of 2023, according to ATTOM. Looking just at March, there were 32,878 foreclosure filings during the month, down less than 1% compared with February and down 10% compared with March 2023.

Housing Market 351

Housing Market Appraisal Marketing 351

Housing Wire

APRIL 11, 2024

Editor in Chief Sarah Wheeler sat down with Scott Smith, interim CEO at Optimal Blue , to talk about the right tech investments to make now and how the company plans on keeping its customers for life. Sarah Wheeler: What differentiates your tech? Scott Smith: I think a differentiator is our position in the market. I think we have the most comprehensive end-to-end capital market platform.

Investing 459

Investing Clients Business Technology 459

Real Estate News

APRIL 11, 2024

More than a quarter of consumers surveyed by Redfin don’t know how much their agent was paid, while nearly 20% weren’t sure who provided the compensation.

Agents 336

Agents Buyers 336

Real Estate News

APRIL 11, 2024

As the U.S. economy continues to show strength, mortgage rates could stay in the 7% range this homebuying season.

Finance 264

Finance Mortgage 264

Housing Wire

APRIL 11, 2024

Navigating challenges in real estate brokerage requires a deep understanding of the industry. Recently, I had a conversation in which I put on my broker hat, discussed common hurdles faced by brokerages today, and explored potential solutions. I believe that the primary hurdle confronting brokerages today lies in their profitability. Given the current trajectory, profitability remains an increasingly difficult problem to solve.

Real Estate 458

Real Estate Brokerage Training Agents 458

Real Estate News

APRIL 11, 2024

During a webinar hosted by T3 Sixty, consultants and guests discussed how tried-and-true tactics like geo-farming can help agents get more deals.

Agents 263

Agents 263

Housing Wire

APRIL 11, 2024

Foreclosures remained relatively stable in the first quarter of 2024 and homeowners continue to hold significant equity. In March, there were 32,878 U.S. properties with a foreclosure filing, down less than 1% from the previous month and down 10% from a year ago. Meanwhile, 23,312 U.S. properties started the foreclosure process in March 2024, up 3% from the previous month but down 4% from March 2023, according to a report released Thursday by real estate analytics company Attom.

Housing Market 448

Housing Market Real Estate Marketing Mortgage 448

Inman

APRIL 11, 2024

United States property investors are putting the pedal to the metal and feeling optimistic despite a turbulent housing market.

Investors 207

Investors Housing Market Marketing Investing 207

Housing Wire

APRIL 11, 2024

The U.S. Department of Housing and Urban Development (HUD) announced on Wednesday that it had entered into a cooperative endeavor agreement (CEA) to take control of the Indianapolis Housing Agency (IHA) alongside the City of Indianapolis. The move, which will effectively allow local and federal authorities to share control of the organization, is designed to “restore public confidence in and accountability over” IHA, according to HUD.

Design 448

Design Development Housing Market Finance 448

Eyes on Housing

APRIL 11, 2024

Inputs to residential construction, goods less food and energy, increased for the fifth straight month, according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy, represents building materials used in residential construction.

Construction 202

Construction 202

Housing Wire

APRIL 11, 2024

California-based multichannel mortgage lender CMG Financial announced on Thursday that it acquired Norcom Mortgage ’ s retail assets, expanding its operations in the Northeast with the addition of 25 branches from Maryland to Maine. The financial details of the deal were not disclosed. “Norcom Mortgage has made the strategic decision to focus on and continue to grow our wholesale platform as TPO GO,” Norcom President Phil DeFronzo said in a prepared statement.

Retail 448

Retail Loan Officers Realtors Mortgage 448

Inman

APRIL 11, 2024

If you want to build the listing side of your business in the wake of the NAR settlement, Jimmy Burgess has 30 practical, actionable, doable strategies tailor-made for this moment.

Marketing 199

Marketing Business Realtors Brokerage 199

Housing Wire

APRIL 11, 2024

Property preservation company MCS announced last month that it had entered the reverse mortgage business after acquiring Five Brothers Asset Management Solutions. In part one of RMD’s interview with MCS CEO Craig Torrance, he explained his company’s interest in the reverse space. In the second part of the interview, Torrance goes deeper into the value proposition of engaging in the reverse mortgage business; the ways companies like his might be able to simplify certain necessary property obligat

Business 446

Business Mortgage Technology Government 446

Inman

APRIL 11, 2024

Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week.

Brokerage 195

Brokerage Agents Marketing 195

Housing Wire

APRIL 11, 2024

According to the most recent United States Census , Maricopa County of Phoenix, AZ is currently the largest-gaining county in the U.S. Why? Certainly there are various factors at play, but I’d venture to guess that one of the most significant is weather, but not exactly for the reasons you may think. Outside of the occasional rainstorm, Arizona weather is quite consistent.

Real Estate 422

Real Estate Real Estate Agent Clients Agents 422

Appraisal Buzz

APRIL 11, 2024

Existing-home sales in this current market are mostly being driven by the “Five Ds” – death, divorce, diplomas, downsizing, and diapers – according to a report from First American. The firm’s Existing-Home Sales Outlook Report “nowcasts” existing-home sales based on the historical relationship between sales, demographic trends, house-buying power, and the prevailing financial and economic conditions.

Housing Market 195

Housing Market Marketing Inventory Sellers 195

Housing Wire

APRIL 11, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , announced on Thursday that it will begin making its Digital Asset Registration Technologies (DART) platform — which it describes as “a combined lien and eNote registry service” — available to private and wholesale lending partners. It will initially be made available for its home equity line of credit (HELOC) product first before being rolled out to other lending products.

Lending 418

Lending Technology Design Buyers 418

Appraisal Buzz

APRIL 11, 2024

The average rate for a 30-year fixed rate mortgage jumped this week to 6.88%, up from 6.82% last week and up from 6.27% one year ago, according to Freddie Mac’s Primary Mortgage Market Survey. “Mortgage rates have been drifting higher for most of the year due to sustained inflation and the reevaluation of the Federal Reserve’s monetary policy path,” says Sam Khater, chief economist for Freddie Mac, in a statement.

Mortgage 195

Mortgage Appraisal Marketing 195

Inman

APRIL 11, 2024

Truong My Lan was at the center of the sprawling fraud case and was accused of embezzling as much as $12.5 billion. A court sentenced her to death on Thursday during an anti-corruption crackdown in Vietnam.

Real Estate 189

Real Estate Investing Agents 189

Eyes on Housing

APRIL 11, 2024

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter of 2024 posted a reading of 66, down one point compared to the previous quarter. Demand for remodeling remains solid and an RMI of 66 is consistent with NAHB’s forecast for remodeling spending in 2024. Nevertheless, construction costs are still an issue in some.

Marketing 158

Marketing Construction 158

Inman

APRIL 11, 2024

Agents willing to collaborate with reputable wholesalers will tap into new market segments, industry expert Andrew Helling writes, while elevating their own service offerings for clients and capturing once-elusive listings from motivated sellers.

Real Estate 189

Real Estate Sellers Clients Agents 189

Appraisal Partners Blog

APRIL 11, 2024

What can be a more traumatic and challenging experience of one’s life than divorce? It is one of the toughest emotional turmoils that may affect the entire life of an individual. However, amidst this emotional trouble, it’s essential to address practical matters, especially the division of assets and responsibilities. Structuring a divorce settlement agreement is […] The post <div class="hrt">How Do You Structure a Divorce Settlement Agreement to Protect Your Fu

Appraisal 148

Appraisal 148

Inman

APRIL 11, 2024

Find out how this former banker put his financial acumen to work for buyers and sellers throughout Reno's neighborhoods.

Sellers 187

Sellers Buyers Brokerage 187

Mortgagebroker News

APRIL 11, 2024

Freeland opens the door to 30-year ams

Government 96

Government Buyers 96

Inman

APRIL 11, 2024

Your team members and customers are struggling, Rachael Hite writes. Here is what wise brokers need to know about the state of happiness and how it impacts all of us.

Brokerage 187

Brokerage Agents 187

Mortgagebroker News

APRIL 11, 2024

Director shares the importance of having a structured plan to navigate your goals

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87

Inman

APRIL 11, 2024

JoyAi, a large language model, automates everything from real-time scheduling and technician-matching to 24/7 resident communications and more, according to an announcement Tuesday.

Property Management 185

Property Management Technology 185

Mortgagebroker News

APRIL 11, 2024

Analysts debate when easing will start, inflation remains crucial factor

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83

Inman

APRIL 11, 2024

Learn how these award-winning team members got their start in real estate and what they're predicting for the year ahead.

Real Estate 185

Real Estate 185

Mortgagebroker News

APRIL 11, 2024

Bill aims to speed up construction but sidesteps controversial density policy

Construction 81

Construction 81

Inman

APRIL 11, 2024

When you think long and hard about who you’re speaking to and what they want to hear, The Agency's Rainy Hake Austin writes, you’ll see your efforts rewarded with a full pipeline, satisfied customers and great ROI.

Buyers 183

Buyers Marketing Brokerage Agents 183