Housing Wire
DECEMBER 4, 2024
While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year. Real ended 2023 with 13,650 agents and as of Wednesday the company reports that it has now reached 23,000 agents.
Appraisal Buzz
DECEMBER 4, 2024
American homeowners poured $827 billion into home improvement projects during the two-year period ending in 2023, according to the latest U.S. Census Bureau American Housing Survey. This marks an increase of more than $200 billion compared to the previous survey period, with total projects rising by 4%. Average project costs also climbed, reflecting not only inflation in raw materials and labor, but also a shift toward professionally completed renovations.
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Housing Wire
DECEMBER 4, 2024
In this week’s episode of the RealTrending podcast , host Tracey Velt is joined by Danielle Wilkie , co-founder of The Helm , to discuss emerging trends in real estate, female representation in real estate coaching and artificial intelligence. This interview has been edited for length and clarity. To kick off the conversation, Wilkie explores her career path before she co-founded The Helm.
Appraisal Buzz
DECEMBER 4, 2024
Hal welcomes back Kenon Chen, EVP of Strategy and Growth at Clear Capital, to dive into the latest changes from the FHFA that are set to shake up the appraisal industry. (Missed Kenon’s previous episode? Don’t worry—you can watch it here: [link] ). Kenon breaks down the new policies and explains what these changes mean for appraisers, many of whom are feeling uncertain about the future.
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Housing Wire
DECEMBER 4, 2024
The past year may have been a turbulent one for HomeServices of America , but according to executive vice president Chris Kelly, this just means the company is in an even better position heading into 2025. “When I look back on this year, for me and I think for HomeServices too, it emphasized something I think we all inherently learn over time, which is that you can always hope for the best, but you need to prepare for the worst, and that really kind of defined us over the past year,” Kelly said.
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Housing Wire
DECEMBER 4, 2024
Recruitment efforts have been a mainstay of The Real Brokerage ‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation. Real announced Wednesday the affiliation of ROVI Homes , a brokerage operating in the New England states of Massachusetts , Connecticut and Rhode Island , as well as Sarasota, Florida.
Inman
DECEMBER 4, 2024
California-based proptech leader RealScout has launched the latest addition to its award-winning suite of lead generation tools. The new product, Search Links, enables agents, teams and brokerages to distill popular home search parameters — such as listings under $5 million in Los Angeles or beachfront condos in Miami — into a personalized landing page that consumers can access in one click.
Housing Wire
DECEMBER 4, 2024
The National Association of Realtors (NAR) may have had its home seller commission lawsuit settlement agreement approved , but that does not mean it is free from the homebuyer commission lawsuits. Last week, as Judge Stephen R. Bough was issuing his final approval of NAR’s settlement, the plaintiffs in the Batton 2 homebuyer commission suit filed their second amended complaint.
Real Estate News
DECEMBER 4, 2024
Federal policy changes could impact real estate in surprising ways, but economists are predicting fairly modest shifts in the new year.
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Housing Wire
DECEMBER 4, 2024
Top 10 mortgage lender Rate — previously known as Guaranteed Rate — announced a new promotion on Wednesday. The company named veteran mortgage professional Connie Lindsay as its senior vice president of mortgage lending in Washington state. Lindsay is the latest addition to Rate’s evolving leadership team of experienced executives. She joins the company’s leadership team to further its presence and performance in the Washington market.
Real Estate News
DECEMBER 4, 2024
Damian Eales sees Zillow as both a top competitor and an important partner, and explains why he has continued to “call out” Homes.com.
Housing Wire
DECEMBER 4, 2024
Rising home prices were a stressor for buyers who wanted to enter the real estate market in 2024. But some existing homeowners and investors may feel differently as a trend of home equity growth was found across 45 states. Home equity solutions provider Unison released its 2024 Home Equity Report on Tuesdsay. The report surveys home equity growth trends on a regional and national basis, tapping into data from the Case-Shiller Index and Federal Reserve to determine price increases and equity leve
Appraisal Buzz
DECEMBER 4, 2024
U.S. home prices increased 0.2% in October compared with September and were up just 3.4% compared with October 2023, according to CoreLogic’s home price index report. Home price growth has been relatively flat since this summer and some markets have seen home prices drop. “Similar to much of the housing market activity, home prices continued to mostly move sideways in October,” says Selma Hepp, chief economist for CoreLogic, in a statement.
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Housing Wire
DECEMBER 4, 2024
Cyberattacks using gen AI are on the rise, experts warn, and title companies, lenders and real estate firms are all in the crosshairs. On Tuesday, the FBI released a public service announcement warning that bad actors are now enlisting gen AI to commit more sophisticated forms of financial fraud. This is deja vu all over again for many in housing as last year in November Mr.
Appraisal Buzz
DECEMBER 4, 2024
Connie Lindsay has joined national mortgage lender Rate as senior vice president of mortgage lending. Lindsay has a distinguished career in mortgage banking, most recently with US Bank. In her new role, she will help Rate further its mission of empowering homeowners with cutting-edge technology and innovative lending solutions. “Having cultivated a deep understanding of the mortgage industry over her years in the business, Connie brings a wealth of expertise and a proven track record of success,
Housing Wire
DECEMBER 4, 2024
Judge Stephen R. Bough’s ruling that granted final approval to the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement is facing yet another appeal. On Tuesday, Robert Friedman filed an appeal of Bough’s ruling with the Eighth Circuit Court of Appeals. Friedman had previously filed a copycat commission lawsuit in New York in December 2023, but he voluntarily dismissed it a month later.
Appraisal Buzz
DECEMBER 4, 2024
Shore United Bank , a full-service community bank serving customers in Maryland, Delaware and Virginia, is now using the Empower LOS and select AIVA AI virtual assistants from Dark Matter to streamline its mortgage lending operations and offer additional support for integrations. “Investing in Dark Matter Technologies is an investment in our customers’ homeownership journeys,” says Corey Galinsky, executive vice president at Shore United, in a release.
Housing Wire
DECEMBER 4, 2024
A coalition of six federal regulatory agencies, along with state financial regulators, have issued an interagency statement on the realities of elder financial exploitation (EFE) and its potential economic impacts on older Americans. The federal regulators that stamped their names on document include the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Board of Governors, the Federal Deposit Insurance Corp.
Inman
DECEMBER 4, 2024
EXp Realty has secured another headline-making recruit, with "Real Housewives of Orange County" star Gina Kirschenheiter and her partner, Travis Mullen, joining the company as team leaders of The Gated Group.
Housing Wire
DECEMBER 4, 2024
After hitting a historic low point in 2023, mortgage delinquency rates have been climbing rapidly in recent quarters, particularly within the Federal Housing Administration (FHA) portfolio. The shift is being driven by a combination of factors, including macroeconomic pressures, the impact of natural disasters, and rising property insurance premiums and taxes.
Inman
DECEMBER 4, 2024
The estate -- built around 1990 -- has undergone extensive renovations after being purchased for $18 million in 2021, but local real estate agents say that some might consider the home a teardown and opt to raze it to make way for something more modern and imposing, "The WSJ" reported.
Lamacchia Realty
DECEMBER 4, 2024
Matt Czepiel Qualifies for the 2024 Lamacchia Realty President's Club ELITE We are thrilled to announce that Matt Czepiel has officially qualified for the 2024 Lamacchia Realty President’s Club ELITE, just four short months after he qualified for President’s Club in August ! He surpassed $24,250,000 in sales volume this year to hit this impressive qualification.
Inman
DECEMBER 4, 2024
Less is more. If you want big social media results, keep it simple, Mainframe’s Sean Frank writes. Show up, be yourself, and don’t make needless mistakes.
Mortgagebroker News
DECEMBER 4, 2024
Poloz argues population growth has papered over cracks in the economy
Inman
DECEMBER 4, 2024
We know that you're always giving to everyone else, but what holiday gift do you wish for in your heart of hearts?
Mortgagebroker News
DECEMBER 4, 2024
Executive on the trends likely to impact the alternative space next year – and what brokers need to keep in mind
Inman
DECEMBER 4, 2024
From pricey California to Florida's downturn and Connecticut's return to boom times, an Inman analysis of listing data reveals three regions where brokers, agents and clients are facing challenges.
Mortgagebroker News
DECEMBER 4, 2024
How can mortgage professionals optimize their use of tech to build business?
Inman
DECEMBER 4, 2024
By adding new customers and selling additional services to existing clients, nCino grew revenue by 14 percent from a year ago, to $138.8 million, helping trim Q3 net loss to $5.3 million.
Mortgagebroker News
DECEMBER 4, 2024
Acquiring HSBC Canada proves profitable for Canada's biggest bank
Inman
DECEMBER 4, 2024
Homebuyer demand picks up for the fourth week in a row to the highest level since January, as rates continue post-election retreat that could have legs.
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