Housing Wire

NOVEMBER 10, 2023

In September, all-cash purchases represented one-third of the U.S. home purchases, compared to 29.5% a year ago, according to a Redfin report. It’s the highest share of all-cash transactions recorded since 2014. Cleveland posted the highest share of all-cash purchases in September, reaching 49.2% of all transactions. West Palm Beach and Jacksonville in Florida followed with 49% and 46.2%, respectively.

Mortgage 468

Mortgage Buyers Insurance Government 468

Real Estate News

NOVEMBER 10, 2023

In a Navy town, McKenzie Better Homes and Gardens Realty supports military families and veterans with more than the typical real estate services.

Brokerage 259

Brokerage Realty Real Estate 259

Housing Wire

NOVEMBER 10, 2023

With soaring home prices and mortgage rates putting a damper on the market for new home loans and refinancing options, it’s a challenging time for homebuyers and lenders alike. But it’s not all grim news. While the current climate may be causing existing-home sales and inventory to fall, it’s driving renewed interest in home equity options. And that offers an incredible opportunity for banks and non-banks alike to improve their digital channels to better support home equity lending.

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Lending Tools Inventory Renovations 466

Real Estate News

NOVEMBER 10, 2023

Cases in South Carolina, New York and Chicago pit consumers against NAR, REBNY, Keller Williams and other top real estate companies.

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Agents Real Estate 248

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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

NOVEMBER 10, 2023

Mortgage rates this week saw the biggest one-week decline in a year and potential homebuyers waiting for rates to drop responded, said Josh Mettle, division president and co-creator of NEO Home Loans. “I think we were up right around 15% increase in the number of initial mortgage applications. That doesn’t take into consideration the number of buyers that had already applied and were sitting on the sidelines.

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Mortgage Inventory Retail Marketing 459

Housing Wire

NOVEMBER 10, 2023

Another day, another commission lawsuit — this time in South Carolina. On Monday, plaintiff Shauntell Burton filed a federal antitrust lawsuit in the U.S. District Court in South Carolina, alleging that the National Association of Realtors (NAR) and Keller Williams colluded to artificially inflate agent commission rates, increasing costs for home sellers.

Sellers 459

Sellers Realtors Buyers Agents 459

Inman

NOVEMBER 10, 2023

In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases.

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Real Estate Realtors Brokerage Agents 203

Housing Wire

NOVEMBER 10, 2023

Fidelity National Financial finished out third-quarter earnings reporting for the Big Four title firms this week, hosting its earnings call with investors and analysts Wednesday morning. While the firm’s title revenue was down 18% year over year to $1.9 billion, firm executives noted that it was in line with historical levels reported in 2018 and 2019.

Investors 435

Investors Retail Government Mortgage 435

Inman

NOVEMBER 10, 2023

Now is the time when connections serve as the bridge to the future. Inman Connect is more than a name; it's a call to action. It's an opportunity to collaborate beyond individual brands, connect ideas, forge partnerships, and navigate the transformative terrain of the real estate industry.

Real Estate 202

Real Estate Brokerage Agents 202

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

Eyes on Housing

NOVEMBER 10, 2023

According to the Federal Reserve Board’s November 2023 Senior Loan Officer Opinion Survey (SLOOS), lending standards tightened for all commercial real estate (CRE) loan categories and most residential real estate (RRE) categories in the third quarter of 2023. Moreover, demand for RRE and CRE loans weakened across all categories over the quarter. A higher net percentage of banks reported tighter.

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Real Estate Loan Officers Lending Finance 109

Inman

NOVEMBER 10, 2023

In the first release of its “next generation” of real estate software, Lone Wolf Technologies unveiled this week a multi-tiered marketing center.

Marketing 198

Marketing Real Estate Technology Agents 198

BiggerPockets

NOVEMBER 10, 2023

Last month, the Biden administration announced a series of actions designed to facilitate the conversion of specific properties to improve affordability in several metros. Here are the details.

Design 94

Design 94

Inman

NOVEMBER 10, 2023

In what could be considered a no-brainer in terms of protech partnerships, users of BHR’s extensive home intelligence reports will see their industry IQ jump a few points with the addition of Plunk’s AI-powered market analytics.

Marketing 192

Marketing Real Estate Technology 192

BiggerPockets

NOVEMBER 10, 2023

Several large banks are preparing for a recession, but this bank added context to what it will look like. Here's what they said.

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Inman

NOVEMBER 10, 2023

Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled "mortgage-as-a-service" platform with Infosys.

Mortgage 192

Mortgage Finance Technology 192

BiggerPockets

NOVEMBER 10, 2023

Tracking your net worth can help you make informed financial decisions. Here are the apps we'd recommend for real estate investors.

Real Estate 91

Real Estate Investors 91

Inman

NOVEMBER 10, 2023

A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered "illogical, harmful, irrational and anticompetitive effects" of NAR's cooperative compensation rule.

Sellers 190

Sellers Realtors Brokerage Agents 190

BiggerPockets

NOVEMBER 10, 2023

Dollar-cost averaging isn't the most sexy thing in investing, but it's certainly a great way to build wealth. But can you do it in real estate?

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Real Estate Investing 90

Inman

NOVEMBER 10, 2023

Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws.

Law 187

Law Brokerage Agents 187

BiggerPockets

NOVEMBER 10, 2023

Finding an investment property in preforeclosure can feel like uncovering a diamond in the rough, as the seller may be more motivated to get a deal done faster and for […]

Sellers 90

Sellers Investing Marketing 90

Inman

NOVEMBER 10, 2023

Jimmy Burgess shares this step-by-step program to help you make the most of your sphere of influence and incoming leads so that you have a never-ending supply of real estate clients.

Real Estate 187

Real Estate Clients Agents Marketing 187

Mortgagebroker News

NOVEMBER 10, 2023

Global demographic and geopolitical factors represent potential upward pressures on interest rates, says BoC's senior deputy governor

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Inman

NOVEMBER 10, 2023

With Inman Top 5, you'll find the week's most essential stories, as chosen by our readers. Here are the most-read articles for Nov. 3-9, 2023.

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Agents 183

Mortgagebroker News

NOVEMBER 10, 2023

Current signs point to softening economic activity and slowing price growth, new RBC report suggests

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Inman

NOVEMBER 10, 2023

Of his recent six-week run on the reality dance competition, Umansky said he learned a lesson in empathy when it comes to teaching others a challenging new skill.

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Agents 178

Mortgagebroker News

NOVEMBER 10, 2023

The region's total office availability rate reached 15.

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Listing Spark

NOVEMBER 10, 2023

Real estate investing can be a profitable industry. Buying and holding rental properties, purchasing raw land in areas with predicted growth, and flipping run-down properties in popular neighborhoods are all excellent business avenues. In fact, despite rising prices and high levels of competition, flippers saw a gross profit of 27.5% in Q2 2023. But seeing that high ROI is completely dependent on having the right strategies for securing properties, fixing them up, and selling them to buyers.

Investors 69

Investors Real Estate Agent Real Estate Agents 69

Appraisal Today

NOVEMBER 10, 2023

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? Stick to the facts. Here are a few more best practices that can help appraisers achieve more objective appraisals.

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Appraisal Contracts Design Mortgage 63

Will Springer Realtor

NOVEMBER 10, 2023

Here we are again, facing a protracted geo-political battle that has repercussions around the globe. Nineteen months after the start of the Russia-Ukraine war , Israelis and Palestinians are in an escalating conflict that has been percolating for many decades. Prayers for the tens of thousands who have died, as well as the many refugees, disaster survivors and their families affected by the conflict in Israel and the Occupied Territories.

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HOA Buyers Law Supply Chain 36

Eppraisal

NOVEMBER 10, 2023

Owning a home is a significant investment, and like any valuable asset, it requires regular care and maintenance to ensure it stands the test of time. A well-maintained home not only enhances its curb appeal but also prevents costly repairs down the line. In this guide, we'll explore the importance of proper home upkeep and provide a step-by-step approach to creating a comprehensive maintenance schedule.

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Inspection Investing Tools Technology 36

Housing Wire

NOVEMBER 10, 2023

It appears that no real estate brokerage firm in the U.S. is safe from a commission lawsuit. On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. District Court in the Southern District of New York, alleging that Real Estate Board of New York rules governing the multiple listing service in Manhattan kept commissions high and violated state and federal antitrust laws.

Real Estate 493

Real Estate Brokerage Sellers Law 493

Mortgagebroker News

NOVEMBER 10, 2023

Two big factors are set to spur rising demand in the coming years, says broker network head

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Marketing 89