Appraisal Buzz

DECEMBER 12, 2024

ATTOM has released its Q3 2024 U.S. Home Flipping Report showing that 74,618 single-family homes and condominiums in the U.S. were flipped in Q3 of 2024representing 7.2%, or one of every 14 home sales, nationwide during the months of July through September of 2024. The latest portion of flipped properties was down from 7.6% of all sales in the U.S. during Q2 of 2024, extending a common pattern seen during annual spring and summer 2024 buying seasons when other types of home sales spike.

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Renovations Investors Property Taxes Investing 345

Housing Wire

DECEMBER 12, 2024

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). The financial terms of the deal were not disclosed. William Raveis a top-ranked brokerage serving the Northeast, Florida and South Carolina has made several expansion moves in 2024.

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Real Estate Brokerage Agents Realty 280

Appraisal Buzz

DECEMBER 12, 2024

A wave of reforms is sweeping across the U.S. as states adopt legislation to expand shared housing opportunities, aiming to combat rising rents and housing shortages. Historically prevalent in the U.S., shared housing declined over the past 70 years due to increasingly restrictive zoning laws. Now, states are reversing this trend with laws that foster affordability and new housing models.

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Law Legal Development Government 221

Housing Wire

DECEMBER 12, 2024

Influential senior advocacy group AARP has released a new report assessing the prospects for aging in place in the U.S., finding that despite seniors overwhelming desires to remain in their own homes as they get older, there is a lot of policy work to do nationwide and inside individual communities to better align with those preferences. The organizations national 2024 Home and Community Preferences survey showed that a pronounced majority (75%) of adults at or over the age of 50 want to remain

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Mortgage Construction Home Improvement Government 334

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

Real Estate News

DECEMBER 12, 2024

Rates have dropped for a third consecutive week, and buyers appear to be responding. But where rates go next is uncertain, and short-term volatility is likely.

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Mortgage Buyers 214

Appraisal Buzz

DECEMBER 12, 2024

Mortgage rates decreased for a third straight week as the average rate for a 30-year fixed-rate mortgage dropped to 6.60%, down from 6.69% last week, according to Freddie Macs Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 6.95%. The 30-year fixed-rate mortgage decreased for the third consecutive week, says Sam Khater, chief economist for Freddie Mac, in a statement.

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Mortgage Housing Market Appraisal Marketing 195

Housing Wire

DECEMBER 12, 2024

Editor in Chief Sarah Wheeler sat down with Jeff Bell, president of both UpWell Mortgage and software company Uplist , to talk about how he thinks about technology, and the good news that the industry is turning a corner after two rough years. Bell was in tech in the late 1990s, then got into the mortgage business in 2022, doing everything from production to owning a mortgage company.

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Loan Officers Technology Agents Real Estate Agent 328

Appraisal Buzz

DECEMBER 12, 2024

Mortgage technology provider Blue Sage Solutions reports that it is the first loan origination system (LOS) to fully integrate Fannie Maes Income Calculator. This API-enabled integration, directly initiated from the LOS, streamlines income calculation for borrowers with income from self-employment or business ownership, enabling faster, more accurate mortgage approvals for lenders, the company says in a release.

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Business Tools Lending Technology 195

Housing Wire

DECEMBER 12, 2024

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. This downward pricing trend at distressed property auctions, combined with affordability constraints for retail buyers and rising rates of serious delinquency, foreshadows slowing home-price appreciation in 2025.

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Housing Market Retail Marketing Sellers 333

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

Real Estate News

DECEMBER 12, 2024

The National Association of Realtors and Department of Justice reached a deal in 2020, and since then have fiercely debated whether the case can be reopened.

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Realtors 192

Housing Wire

DECEMBER 12, 2024

It was July of 2020 and the interest rates had just dropped below 3%, every Title & Escrow company was slammed! In this season, most companies were well on the way to making more money than they had in years, or in some cases, ever!Consumers were refinancing in astronomical numbers! Every title company wanted a great piece of the current refi market and most would do about anything to obtain it.The problem; almost all were late to the party and not prepared.

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Marketing Buyers Business Lending 262

Appraisal Buzz

DECEMBER 12, 2024

Mortgage lock volume plummeted 15% in November compared with October, as rates increased, according to Mortgage Capital Trading (MCT). While the market exhibited relative stability post-election, a clear downtrend in refinance activity was observed as interest rates settled. Heading into the winter months and with a new presidential administration taking office in January, volatility concerns remain a focal point for the industry.

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Mortgage Appraisal Marketing 195

Housing Wire

DECEMBER 12, 2024

September signified a steady decline in mortgage performance since the end of third-quarter 2023. About 3% of all mortgages were in some form of delinquency in September 2024 up 20 basis points year over year, according to a CoreLogic report released this week. This is the fourth consecutive month that the national delinquency increased year over year, according to CoreLogic’s September 2024 Loan Performance Insights Report.

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Mortgage Technology 272

Inman

DECEMBER 12, 2024

The shift by HomeSmart and Realty One Group reflects growing skepticism about NAR's three-way agreement and Phoenix Realtor's announcement of MLS Choice in November.

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Brokerage Agents Realty Realtors 144

Housing Wire

DECEMBER 12, 2024

Many in the real estate industry are looking at 2025 as a year to get back to the basics of the business, but Side is taking it one step further. This year, as the real estate industry looked to navigate numerous challenges, from the commission lawsuits to the continued housing market slowdown, Hilary Saunders said Side and its leadership have gone back to a grassroots approach.

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Real Estate Brokerage Agents Business 265

Inman

DECEMBER 12, 2024

Organizational change will allow DeJane Kerr, Fathom Realty's senior vice president of compliance, to focus on brokerage compliance, parent company says.

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Realty Brokerage 139

Housing Wire

DECEMBER 12, 2024

Lansing, Michigan -based reverse mortgage servicing company Celink this week announced that it earned a high net promoter score (NPS) of 74, which is generally considered an excellent rating of customer loyalty, following a survey of its clients. Created by author Fred Reichheld about 20 years ago, the net promoter score is a common tool used in the practice of market research to gauge customer loyalty, satisfaction and the likelihood of recommending a business for a particular service.

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Tools Clients Contracts Investors 240

Inman

DECEMBER 12, 2024

Ahead of his appearance at Inman Connect New York in January, the CEO shared his thoughts on what industry players should be focusing on, updates at SERHANT. and his optimistic view of 2025.

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Business Real Estate Technology Brokerage 138

Empire Appraisal Group

DECEMBER 12, 2024

Condo Redevelopment Could Spark New Trend By Susannah Bryan Source: [link] Condo residents unable to afford structural repairs may sell their entire building to developers for redevelopment. FORT LAUDERDALE, Fla. An aging condo on Fort Lauderdales barrier island ordered to evacuate because of an unsafe foundation could be among the first of a long line of condos in desperate need of long-delayed repairs, experts say.

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Real Estate Agent Inspection Real Estate Development 78

Inman

DECEMBER 12, 2024

In bond court on Thursday, Oren pleaded with the judge to be allowed to be with his wife, who is nine months pregnant, when she gives birth. A detention hearing is scheduled for Friday.

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Agents 136

Mortgagebroker News

DECEMBER 12, 2024

Ex-employee in Florida allegedly played role in laundering millions through shell companies

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Inman

DECEMBER 12, 2024

By investing in your agents with innovative and meaningful initiatives, youre building a foundation for long-term success, luxury advisor Chris Pollinger writes.

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Real Estate Agent Agents Real Estate Investing 133

Mortgagebroker News

DECEMBER 12, 2024

Lendesk looks back at the essential platform’s major enhancements

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Clients 64

Inman

DECEMBER 12, 2024

With the right strategies in place, you can successfully reset your team culture and drive your organization toward success, coach Verl Workman writes. Heres where to start.

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Real Estate Agents 131

Mortgagebroker News

DECEMBER 12, 2024

Learn how to become a mortgage broker in Edmonton in this guide. We have listed the steps, requirements, and skills needed for you to succeed.

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Mortgage 60

Inman

DECEMBER 12, 2024

FBS, the maker of FlexMLS and its sister software systems, is adding to its family of products aimed to empower multiple listing services with a marketing services offering called MAS, or marketing add-on services.

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Marketing Tools Real Estate Technology 126

Mortgagebroker News

DECEMBER 12, 2024

Learn how to become a mortgage broker in Calgary in this guide. We have listed the steps, requirements, and skills needed for you to succeed.

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Mortgage 54

Inman

DECEMBER 12, 2024

For Mike Rankin and his team, success is rooted in a commitment to collaboration, positivity and client-centric service along with a family-like team culture, Melanie Klein writes.

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Clients 122

Mortgagebroker News

DECEMBER 12, 2024

TD Bank's AML issues set the stage for more regulatory pressure across the sector

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Inman

DECEMBER 12, 2024

The National Association of Realtors hosted its latest Real Estate Forecast Summit on Thursday, where five of the industry's top economists shared their predictions for mortgage rates, consumer activity, government spending and macroeconomic trends.

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Government Realtors Real Estate Mortgage 116

Hank Miller Team

DECEMBER 12, 2024

Why didnt mortgage rates drop when the Fed cut the discount rate? A simple question with so many variables that even experts cant agree. The focus seems to always be on the Fed; how does all of the economic news impact decisions made by the Federal Reserve? Through most of 2024, all eyes were on the Fed as everyone wondered if they would cut rates. They finally did in Sept and again in Novand mortgage rates, well, they remain about where they were.

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Mortgage Business Real Estate Investors 52

Inman

DECEMBER 12, 2024

Learn how this brokerage president pioneered a digital-first approach to Caribbean real estate that makes international property investment more accessible.

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Brokerage Real Estate Investing Realtors 103