Housing Wire

FEBRUARY 12, 2024

The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell. Loan volume between the third and fourth quarters declined by 21%, but that was far less than the 37% drop from Q3 2022 to Q4 2022, the report showed.

Bracketing 497

Bracketing Mortgage Lending Inventory 497

Real Estate News

FEBRUARY 12, 2024

Rudy Wolfs joins Anywhere as CTO while Melissa McSherry announces plans to leave COO role; Nicole Booth joins Zillow's government relations team.

Government 285

Government 285

Housing Wire

FEBRUARY 12, 2024

When are interest rates going to come down? Where should mortgage rates be before I buy or refinance my home? How much home can I afford today? These are just a few of the questions independent mortgage brokers get asked on a daily basis. The reality is, borrowers are rate sensitive because it’s what they’re exposed to. Mainstream media often emphasize fluctuations in rates , which causes uncertainty and apprehension among borrowers.

Mortgage 482

Mortgage Clients Business Marketing 482

Real Estate News

FEBRUARY 12, 2024

NAR and several national and local brokerages are named in the suit — the first copycat commissions case to be filed in the state.

Brokerage 278

Brokerage 278

Housing Wire

FEBRUARY 12, 2024

While aging in place is a dominant preference for seniors when compared to residing in a dedicated care facility, there are concerns that come with it. One of the biggest concerns is protecting seniors against feelings of isolation , which can be a serious threat to the well-being and cognitive function of older people. But emerging artificial intelligence (AI) technology could be put to use in efforts to mitigate concerns about isolation, according to a new article published by HomeCare.

Technology 476

Technology Design Tools Marketing 476

Real Estate News

FEBRUARY 12, 2024

Adding property management, title or other services can help a brokerage during any market by increasing revenue streams and improving customer service.

Property Management 264

Property Management Marketing Brokerage 264

Eyes on Housing

FEBRUARY 12, 2024

The median age of owner-occupied homes is 40 years old, according to the latest data from the 2022 American Community Survey[1]. The U.S. owner-occupied housing stock is aging rapidly especially after the Great Recession, as the residential construction continues to fall behind in the number of new homes built. New home construction faces headwinds such as rising material costs, labor.

Construction 202

Construction 202

Housing Wire

FEBRUARY 12, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. If you’re returning to the classroom to launch a new career, this guide will help you find the best online real estate school and program for your learning style, budget, schedule, and career goals. We’ve thoroughly researched countless real estate schools across the country, evaluating course features, formats, study tools, pass rates, pricing, u

Real Estate 468

Real Estate Real Estate Agent Agents Tools 468

Inman

FEBRUARY 12, 2024

Brokerage leaders are still waiting to see the returns on their 2023 technology investments, according to the latest results from the Inman Intel Index. Read on for the biggest takeaways.

Brokerage 196

Brokerage Technology Investing Real Estate 196

Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s relatively growing compared to a year ago. This week, inventory fell by half a percent. A year ago it fell by 3% in the week. New listings each week, which were record few last year, are growing now.

Sellers 466

Sellers Housing Market Buyers New Listings 466

Inman

FEBRUARY 12, 2024

The complaint — one of nearly two dozen targeting real estate's long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission.

Real Estate 192

Real Estate Clients Agents Buyers 192

Housing Wire

FEBRUARY 12, 2024

The median U.S. asking rent reached $1,964 in January, rising by 1.1% year over year, according to a Redfin report. While rent growth was positive in January, it remains a far cry from the double-digit growth recorded during the early stages of the COVID-19 pandemic. As landlords grapple with higher vacancy rates, they don’t have the leverage necessary to command high rent prices.

Landlords 457

Landlords Construction Mortgage Marketing 457

Inman

FEBRUARY 12, 2024

As we step into 2024, the luxury real estate market presents a vibrant picture of renewed hope and enthusiasm among high-net-worth consumers, setting the stage for a renaissance in the world of luxury living.

Real Estate 187

Real Estate Marketing 187

Housing Wire

FEBRUARY 12, 2024

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. The financials of the deal were not disclosed. Corey Dubnoff, who founded AFR in 1997, will remain as chief administrative officer, and Tim Yanoti will stay on as chief financial officer.

Lending 452

Lending Renovations Construction Finance 452

Inman

FEBRUARY 12, 2024

It's incredibly frustrating to see how misunderstood and divisive DEI efforts are, broker Janel Randall writes. Real estate professionals work every day to debunk myths around Black homeownership.

Real Estate 183

Real Estate Brokerage Agents Marketing 183

Housing Wire

FEBRUARY 12, 2024

The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition consisting of the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corp. (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (C

Valuation 448

Valuation Appraisal Law Design 448

Inman

FEBRUARY 12, 2024

Team Stevens, led by Lee Stevens, is one of the highest-earning teams in the state of Nevada, with $126.5 million in closed sales volume across 269 sides in 2023.

Realty 182

Realty Brokerage Agents 182

Housing Wire

FEBRUARY 12, 2024

Anywhere Real Estate’s executive team will soon have new faces. The firm announced Monday that it had named Rudy Wolfs as its chief technology officer, and that Melissa McSherry is stepping down from her role as the real estate behemoth’s chief operating officer. Wolfs appointment is effective Feb. 22, 2024, while McSherry’s final day as COO will be Feb. 26, although she will stay on as a strategic adviser until April 1, 2024. “I am proud of our ability to continue to attract innovative le

Real Estate 439

Real Estate Technology Brokerage Business 439

Inman

FEBRUARY 12, 2024

Redfin will provide air quality risk data for every listing on its app and website, alongside data for wildfire, flood, wind and extreme heat.

Brokerage 181

Brokerage 181

Housing Wire

FEBRUARY 12, 2024

Shannon Robinson has been serving as vice president for the reverse mortgage division at New American Funding (NAF) for just over a year, a time that was marked by a lot of challenges across the reverse mortgage. Some of these challenges, especially in relation to historic interest rate increases, were out of the industry’s control. But a new year brings new opportunities, and the NAF reverse mortgage division is bullish about its own prospects and the prospects of the industry as a whole in 202

Business 435

Business Loan Officers Clients Mortgage 435

Inman

FEBRUARY 12, 2024

Tune in to Inman Access to watch Joe D'Urso and Jason Bilbruck as they discuss the benefits of bringing ancillary services in-house.

Brokerage 179

Brokerage 179

Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. In early February, SERHANT. announced the addition of the Orlando-based team, The Home Squad , to its roster. The team’s 16 agents are SERHANT.’s first in Orlando. Previously, the brokerage only operated in the Miami and Palm Beach County markets.

Real Estate 435

Real Estate Marketing Brokerage Realty 435

Inman

FEBRUARY 12, 2024

Frances Katzen and Courtney Poulos talk with moderator Dana Cadena about the importance of buyer representation, understanding your contracts, professionalism in the industry and more at ICNY.

Contracts 178

Contracts Buyers Agents 178

Housing Wire

FEBRUARY 12, 2024

The series of lawsuits that have been shaking the real estate industry for the past several months have all revolved around the same issue: Realtor commissions. In the Sitzer-Burnett case, plaintiffs successfully argued that real estate commission rates were too high. They also alleged that the National Association of Realtors ’ (NAR) Code of Ethics, the MLS handbook and real estate brokerages ’ practices have led to an artificial inflation of commission rates.

Real Estate Agent 435

Real Estate Agent Realtors Real Estate Brokerage 435

Inman

FEBRUARY 12, 2024

U.S. commercial real estate commissions could show the way forward for residential buyer commissions. Joe Rath from Redfin, Russ Cofano of Collabra Technology, Ed Zorn from CRMLS and moderator James Dwiggins discuss how at Inman Connect New York.

Buyers 173

Buyers Real Estate Technology Brokerage 173

Housing Wire

FEBRUARY 12, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. The CE Shop offers convenient online real estate courses in 45 states, and these can be completed at your own pace. In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals.

Real Estate 435

Real Estate Agents Real Estate Agent Design 435

Inman

FEBRUARY 12, 2024

Investors pushed shares in the Dallas-based mortgage loan servicer to a new high on Friday as executives in a Q4 earnings call said they'll keep investing in technology that boosts efficiency.

Mortgage 172

Mortgage Investors Technology Investing 172

Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies. Bogle was at Chicago-based retail shop Draper and Kramer Mortgage Corp.

Marketing 435

Marketing Loan Officers Advertising Retail 435

Inman

FEBRUARY 12, 2024

The new service, available to date only in Massachusetts, where Earnnest has secured a brokerage license, is designed to alleviate the cost, management demands and above all else, legal risk of holding deposits in escrow. The company is looking to rapidly expand the list of states in which it can operate.

Legal 172

Legal Brokerage Design Technology 172

Housing Wire

FEBRUARY 12, 2024

Amanda Phillips, EVP of Compliance, ACES Quality Management In the current mortgage landscape, ensuring the highest standards of loan quality is paramount not only during the origination process but also over the life of the loan. As the mortgage industry grapples with a changing market and regulatory complexities, we sat down with Amanda Phillips, Executive Vice President of Compliance at ACES Quality Management , to discuss how lenders can foster long-term success through a robust servicing QC

Mortgage 435

Mortgage Technology Lending Inventory 435

Inman

FEBRUARY 12, 2024

At Inman Connect New York, attendees learned how AI can boost efficiency and how real estate pros can work together to face new challenges.

Real Estate 168

Real Estate 168

Housing Wire

FEBRUARY 12, 2024

Mortgage rates continued their downward trajectory at the start of 2024, incentivizing homebuyers to apply for loans. Meanwhile, an easing of the inventory shortage foreshadows the possible return of a stable housing market. Lock volume increased by 36% between December and January, driven by a 38% seasonal increase in purchase lock volume, according to Optimal Blue ’s Originations Market Monitor report.

Housing Market 434

Housing Market Marketing Government Inventory 434

Inman

FEBRUARY 12, 2024

Knowing who you're talking to in your marketing gives you a greater ability to craft and target your messaging. Digital marketing expert Marci James shares strategies for crafting an effecti client avatar.

Clients 152

Clients Real Estate Marketing Agents 152

Housing Wire

FEBRUARY 12, 2024

Zillow Group appointed Nicole Booth, a 2023 HousingWire Vanguard , as head of public policy and operations. Booth will join Zillow’s government relations and public affairs team, spearheaded by Jennifer Butler. “I am excited and honored to join such an innovative team dedicated to shaping the future of housing for all consumers,” Booth said on social media. ”I am looking forward to contributing to meaningful change and growth and lead our Public Policy initiatives across all housing verticals.

Real Estate 432

Real Estate Modernization Government Mortgage 432