Appraisal Buzz

SEPTEMBER 5, 2024

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Construction 459

Construction Inventory Housing Market Contracts 459

Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market. An additional 27% said they’re targeting a 4% rate, while 20% say it’s 6%.

Buyers 467

Buyers Marketing Mortgage Real Estate Agent 467

Appraisal Buzz

SEPTEMBER 5, 2024

With the total number of homes on the market at its greatest point since May 2020 and interest rates about to start declining, buyers will have more options this autumn. The Realtor.com August Housing Trends Report shows that the number of homes actively for sale increased by 35.8% in August, marking the tenth consecutive month of growth in this number of properties.

Sellers 397

Sellers Housing Market Buyers Marketing 397

Housing Wire

SEPTEMBER 5, 2024

Data released Thursday by Realtor.com and Redfin shows that even as more homes are being listed for sale and mortgage payments are becoming more affordable, fewer transactions are occurring. According to a housing trends report from Realtor.com, active listings were up nearly 36% year over year in August. It was the 10th straight month of annualized growth and for-sale inventory is now at its highest level since May 2020.

Inventory 421

Inventory Buyers Sellers Mortgage 421

Appraisal Buzz

SEPTEMBER 5, 2024

The results of a poll conducted among 1,818 U.S. adults nationwide show that nearly half of prospective homebuyers are having difficulty paying for basic housing expenses and that the affordability of home insurance is a key consideration in their decision to relocate. The survey was conducted by Mphasis Digital Risk. The trajectory of interest rates and what Americans refer to as their “magic number”—the mortgage rate that would compel them to buy a home—have them feeling more optimistic than t

Buyers 370

Buyers Insurance Bracketing Mortgage 370

Housing Wire

SEPTEMBER 5, 2024

In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. Katz discusses the contributing factors leading to higher occupancy rates in BTR properties, the advantages of BTR financing solutions for investors, and their long-term growth potential.

Tenants 410

Tenants Investing Marketing Construction 410

Housing Wire

SEPTEMBER 5, 2024

Housing markets across the country have stalled due to elevated mortgage rates and limited for-sale inventory , but some counties are at risk of a more dramatic downturn. That’s according to a report released Thursday by Attom , which concluded that areas around New York City, Chicago and inland California are most at risk of a housing downturn, while areas in the South and Midwest are less vulnerable.

Property Taxes 405

Property Taxes Housing Market Insurance Inventory 405

Appraisal Buzz

SEPTEMBER 5, 2024

Despite home equity lending volume remaining relatively flat in 2023 compared to 2022, outstanding home equity debt increased, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending Study. Speaking about analysts’ findings, MBA’s VP of Industry Analysis Marina B. Walsh, CMB said that the number of home equity originations did not increase by much, despite reasons to believe they might.

Lending 221

Lending Inspection Valuation Renovations 221

Housing Wire

SEPTEMBER 5, 2024

Retirement in America comes with a lot of concerns related to finances and health, with both of these issues often being intertwined. Long-term care is emerging as a key concern for older Americans, especially since its costs will most likely need to be covered from a fixed income. This is one reason why home equity can be a notable difference-maker and should be part of the conversation.

Finance 404

Finance Insurance Government Mortgage 404

Real Estate News

SEPTEMBER 5, 2024

More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.

Marketing 288

Marketing Buyers Mortgage 288

Housing Wire

SEPTEMBER 5, 2024

The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets. Buyers using FHA loans often face stigmas and cannot use many of the competitive strategies commonly utilized by conventional borrowers and cash buyers, according to a recent report from the CFA. “As first-time homebuyers and homebuyers of color disproportionately rely on FHA, the

Buyers 400

Buyers Real Estate Agent Real Estate Inspection 400

Real Estate News

SEPTEMBER 5, 2024

A new report from ATTOM indicates that select counties in California, New Jersey and Illinois are most at risk of a housing market downturn.

Marketing 254

Marketing Housing Market 254

Housing Wire

SEPTEMBER 5, 2024

Dan Snyder rarely steps into the spotlight, but his name, strategic moves and execution are talked about frequently in mortgage banking circles. This changes on Oct. 1, 2024, when Snyder, the CEO of Lower , steps on to the main stage at the George W. Bush Presidential Library in Dallas for the HousingWire IMB Summit. A HousingWire Vanguard winner , Snyder has built a world-class executive team that includes Selene Kellam , Randall Gillespie , Craig Montgomery and Amir Syed.

Lending 385

Lending Mortgage Real Estate Finance 385

Inman

SEPTEMBER 5, 2024

Katherine Bell and Maddy Petrini are bringing their Bell and Petrini team to Coldwell Banker's Back Bay office. The team has done $47 million in sales this year, according to the brokerage.

Brokerage 169

Brokerage Agents 169

Housing Wire

SEPTEMBER 5, 2024

U.S. home-price growth is predicted to finish this year at 4.7% before slowing to 3.1% in 2025, according to a quarterly survey of housing experts conducted by government-sponsored enterprise (GSE) Fannie Mae. The third-quarter 2024 survey polled more than 100 mortgage, real estate and academic experts to determine its predictions in partnership with data analytics firm Pulsenomics LLC.

Construction 384

Construction Design Government Real Estate 384

Inman

SEPTEMBER 5, 2024

Getting ready to be coached isn't just about wanting to change, coaches Melanie Klein and Emily Bossert write. It's about being prepared to do the work it will take to change.

Real Estate 161

Real Estate Agents 161

Housing Wire

SEPTEMBER 5, 2024

The mood in the real estate industry has been gloomy since it was rocked by the $418 million settlement of antitrust lawsuits by the National Association of Realtors (NAR) in March, but brokerages are pulling out all the stops to change that. The latest is The Agency, which will launch a “live coaching network” designed to equip agents with best practices and positive vibes during a time of intense uncertainty.

Brokerage 361

Brokerage Real Estate Agent Real Estate Agents 361

Inman

SEPTEMBER 5, 2024

After the cast viewed screeners of the new season earlier this week, some took to social media in protest of so-called "lies" making the final cut. O Group founder Jason Oppenheim said the group's dynamic keeps viewers returning for more.

Real Estate 153

Real Estate Brokerage Agents 153

Housing Wire

SEPTEMBER 5, 2024

Mortgage lender and servicer OCMBC has acquired HomeStar Financial Corp. , marking a significant expansion across the country. The acquisition formally closed on Aug. 29, OCMBC announced Thursday. The terms of the deal were not disclosed. “Their extensive experience in servicing and their commitment to providing outstanding customer service align perfectly with our values at OCMBC,” Serene Vernon, president of OCMBC, said in a statement.

Retail 333

Retail Government Mortgage Business 333

Eyes on Housing

SEPTEMBER 5, 2024

House price appreciation was recorded in all 50 states and the District of Columbia. Limited resale inventory and strong growth in demand continued to put upward pressure on house prices. Nationally, house prices grew at a relatively slower pace, compared to double-digit annual growth during the COVID-19 pandemic. According to the quarterly all-transactions House Price.

Inventory 152

Inventory 152

Housing Wire

SEPTEMBER 5, 2024

How do some firms grow regardless of the housing market dynamics? HousingWire Research looked at key performance metrics and interviewed owners and operators of the RealTrends Verified GameChangers to find out the strategies that led to their growth. Access your growth playbook From the pandemic-fueled frenzy to the sobering reality of a post-pandemic slowdown,, real estate brokerages were locked in a relentless quest for growth—eager to expand market share while trimming operational fat.

Real Estate 328

Real Estate Brokerage Agents Inventory 328

Inman

SEPTEMBER 5, 2024

The Royal Bank of Canada subsidiary is now offering grants of up to $50,000 in majority-Black or Hispanic census tracts in the metro Los Angeles market as part of a larger initiative to boost lending in underserved communities.

Lending 145

Lending Mortgage Marketing Tools 145

Eyes on Housing

SEPTEMBER 5, 2024

The Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers Association’s (MBA) weekly survey, saw a month-over-month increase of 10.7% on a seasonally adjusted (SA) basis. Compared to last August, the index increased by 20.8%. While the Purchase Index declined by 2.9%, month-over-month, the Refinance Index jumped 30.8% as borrowers.

Mortgage 100

Mortgage Marketing Finance 100

Inman

SEPTEMBER 5, 2024

Coach Verl Workman outlines lessons shared at Inman Connect Las Vegas this summer to examine the future of teams and how they'll fit into a changing real estate industry.

Real Estate 147

Real Estate Agents 147

Empire Appraisal Group

SEPTEMBER 5, 2024

Florida – Where Americans Really Want to Live Source: [link] By Franklin Schneider Americans value sunshine, safety and affordability, a new study shows. Of course, Florida tops the list of most desirable states to live. NEW YORK – Many Americans seem to have contradictory and confused feelings about the places they call home. Although 73% of Americans say they like where they live, 59% of Americans still get frustrated with their home city or state and 43% are embarrassed by their state, accor

Home Value 78

Home Value Real Estate Appraisal 78

Inman

SEPTEMBER 5, 2024

CoStar filed a motion on Wednesday asking the court to deny Move's amended preliminary injunction due to forensic data that allegedly proves a former Realtor.com editor never shared Move-owned files with the company.

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Lamacchia Realty

SEPTEMBER 5, 2024

THE NEW HOME BUYERS’ HOME INSURANCE CHECKLIST Buying your first home can be both an exciting and a daunting experience. On the one hand, you’ll be securing arguably the most important asset of your adult life, while on the other you may be opening yourself up to a new range of liabilities and costs. As with most big purchases, choosing to work with an insurance company can protect you from financial hardship, but how do you choose the right coverage?

Insurance 61

Insurance Buyers Housing Inspector Realty 61

Inman

SEPTEMBER 5, 2024

Discover the key principles of business ethics in real estate for 2024 with Chris Pollinger. Learn how integrity, transparency and ethical decision-making can elevate your career and build lasting client relationships.

Business 138

Business Client Relationships Real Estate Clients 138

BiggerPockets

SEPTEMBER 5, 2024

One startup is aiming to end traditional real estate commissions for good.

Real Estate 79

Real Estate Marketing 79

Inman

SEPTEMBER 5, 2024

Kathleen Lappe, the founder and CEO of a multi-lingual AI property marketing solution, has been named Innovator of the Year at the National Association of Realtors’ 2024 Innovation, Opportunity & Investment (iOi) Summit.

Realtors 134

Realtors Investing Marketing Real Estate 134

BiggerPockets

SEPTEMBER 5, 2024

Everything you need to make the most out of your trip to BPCON!

Development 81

Development 81

Inman

SEPTEMBER 5, 2024

Living in New York City remains undeniably expensive, with sale prices in some neighborhoods reaching $7.5 million, yet out-of-state buyers are still drawn to the city, according to "The New York Times.

Buyers 130

Buyers Marketing 130

Mortgagebroker News

SEPTEMBER 5, 2024

'Carrot-and-stick' approach may obstruct federal efforts to ease Canada's housing shortage, says CMI Financial president

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Inman

SEPTEMBER 5, 2024

The East Asian island country has experienced decades of near-0 percent interest rates and an abundance of inventory, but the government has started to increase rates as wages have seen a boost.

Inventory 128

Inventory Government Mortgage Marketing 128