Housing Wire
APRIL 2, 2024
Independent real estate firms are growing quickly, with flat-fee firms taking three of the top 10 spots by transaction sides when looking at the five year movers (2019-2023) in this year’s RealTrends Verified brokerage rankings. Public independents eXp Realty and Compass show how quickly they grew by dominating the top two spots by both sides and volume.
Appraisal Buzz
APRIL 2, 2024
With mortgage rates now well above 6.5% and home prices rising to all-time highs due to lack of inventory, first-time homebuyers are getting discouraged by declining affordability. But this lack of affordability is just as much of a downer for homeowners looking to upsize. According to ICE Mortgage Technology’s Mortgage Monitor report , a homeowner looking to move to a home that is 25% more expensive would see their mortgage payments increase by an average of $1,384 per month, or 103%.
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Housing Wire
APRIL 2, 2024
New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. Steinway, who closed more than $1.5 billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.
Real Estate News
APRIL 2, 2024
The regions continue to see significant price growth and elevated buyer activity, but national price growth is expected to slow this year as supply increases.
Housing Wire
APRIL 2, 2024
Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits. While real estate brokerages have no control over interest rates, transaction levels or home sales prices, they realize that proactive recruiting of agents is a key to success in a slow market.
Real Estate News
APRIL 2, 2024
Laura Ellis, chief strategy officer at the Chicago firm, says part-timers may not make it in the post-settlement world, but serious agents will excel.
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Real Estate News
APRIL 2, 2024
JPAR president Laura O’Conner adds chief operating officer to her title; David Romero takes on chief customer officer role at Realty ONE + more role changes.
Appraisal Buzz
APRIL 2, 2024
Thomas Gallucci has joined Xactus , a provider of borrower verification solutions for the mortgage industry, as executive vice president, strategic sales. Gallucci has nearly 20 years of financial services and mortgage industry experience, fostering business relationships and leading sales efforts. Prior to joining Xactus, he served as senior vice president, business development at The Mortgage Collaborative (TMC), where he was responsible for managing the team that supported TMC’s 70+ preferred
Inman
APRIL 2, 2024
Founded as Daily AI, Aidium rebranded last year to better align brands it had acquired — Whiteboard CRM and Recruitable.ai — under a single umbrella.
Appraisal Buzz
APRIL 2, 2024
Ryan Minard is the new senior sales engineer for Mobility Market Intelligence (MMI), offering data intelligence and market insight tools for the mortgage and real estate industries. Minard previously served as a sales engineer for ICE Mortgage Technology’s Surefire CRM platform, which was included in the company’s 2023 acquisition of Black Knight. He also held the position of director of customer growth at Surefire until Black Knight’s acquisition of the platform in 2021.
Inman
APRIL 2, 2024
United States Representative Adam Schiff is taking another shot at solving America's housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.
Appraisal Buzz
APRIL 2, 2024
Home prices are rising faster than wages in half the U.S., a report from ATTOM shows. And while the portion of wages needed for home ownership dipped in the first quarter compared with the fourth quarter, it remained up annually in most of nation. With mortgage rates tracking downward in recent months after rising last year, the portion of average local wages consumed by major expenses on median-priced, single-family homes and condos has decreased from the fourth quarter to the first quarter in
Eyes on Housing
APRIL 2, 2024
Due to tightened monetary policy, the count of total job openings for the entire economy has trended lower over the last year. This is consistent with a cooling economy that is a positive sign for future inflation readings. However, the number of open jobs for the aggregate economy was relatively unchanged in February per the.
GoForrmz
APRIL 2, 2024
Originally published on 01/03/2018 How important is communication between your field and back-office HVAC personnel? Like any field service operation, HVAC teams rely heavily on communication between field crews and back-office personnel. Using paper forms impedes collaboration and communication between frontline workers and other teams, leading to sluggish, manual processing – hindering productivity.
BiggerPockets
APRIL 2, 2024
In just four years, Dylan Osmon went from having no job, barely any money, and no real estate investing experience to owning over one hundred rental units.
Mortgagebroker News
APRIL 2, 2024
Find out which companies made the cut
BiggerPockets
APRIL 2, 2024
How many things can possibly go wrong with ONE rental property? Well, you’re about to find out!
Appraisal Partners Blog
APRIL 2, 2024
Divorce is a complex and emotionally challenging process, mainly consisting of the breaking of assets acquired during the marriage. Real estate holdings are often the most valuable of these assets and might present a difficult point to discuss when it comes to settlement. At this point, real estate evaluations play a critical part in making divorce settlements simpler.
Mortgagebroker News
APRIL 2, 2024
Deloitte Canada offers its prediction
Will Springer Realtor
APRIL 2, 2024
April does not have to be Earth Month for each of us to be aware of the importance of living a sustainable, environmentally friendly lifestyle. That includes embracing this intentional way of life around the home. It’s even more true when using “green” features to sell a home. Fun fact: When comparing the overall median sales price of a home sold in Western Washington in 2023, the Northwest Multiple Listing Service reported residential properties with a green certification sold for 20% more – $7
Mortgagebroker News
APRIL 2, 2024
Star-studded event to take place on April 15-16
Eppraisal
APRIL 2, 2024
In the ever-evolving landscape of real estate, mortgage interest rates play a pivotal role in shaping the housing market. Over the past year and a half, we've witnessed mortgage rates hover around the 7% mark, a significant shift from previous years. While these rates may seem daunting at first glance, they carry both expected and unforeseen impacts that homeowners, homebuyers, and industry professionals must navigate.
Mortgagebroker News
APRIL 2, 2024
Softer prices and lower interest rates spur renewed interest in high-end homes
Mortgagebroker News
APRIL 2, 2024
Survey shows consumers remain cautious
Mortgagebroker News
APRIL 2, 2024
OSFI chief underscores importance of collaboration at international roundtable
Mortgagebroker News
APRIL 2, 2024
Recognition was given in the form of gold, silver, and bronze awards
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