Housing Wire

MARCH 7, 2024

The White House announced that President Joe Biden will call on lawmakers in the House of Representatives and the Senate to address a series of housing issues in his State of the Union address, which will be delivered to a joint session of Congress and televised nationally on Thursday night. In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional home

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Construction Renovations Insurance Landlords 535

Real Estate News

MARCH 7, 2024

Fourth-quarter revenue was up a whopping 89%, though net losses rose along with operating expenses.

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Agents 299

Housing Wire

MARCH 7, 2024

Steve Harney, founder of Keeping Current Matters and a force in real estate for four decades, died suddenly on Sunday, March 4, at age 68. “As we mourn the loss of Steve, we hold tight to the incredible impact he had on agents, our industry, and the fact that his legacy will live on at Keeping Current Matters. Steve’s vision, his principles and his passion for people will always be our compass.

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Real Estate Agent Real Estate Agents Brokerage 105

Real Estate News

MARCH 7, 2024

Products that just scratch the surface of what AI can do are giving real estate “a bad rap,” but there are ways to go deeper (without getting in too deep).

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Real Estate 299

Housing Wire

MARCH 7, 2024

Buoyed by a rise in home prices , U.S. homeowners with mortgages saw their home equity increase by 8.6% year over year in fourth-quarter 2023. Homeowners saw an average increase of slightly more than $24,000 compared to Q4 2022, adding up to a collective gain of $1.3 trillion, according to CoreLogic ’s newest homeowner equity report. Net homeowner equity totaled more than $16.6 billion at the end of 2023.

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Mortgage Real Estate 501

Real Estate News

MARCH 7, 2024

Rates fell slightly this week, ending a four-week run of increases, and mortgage applications were up nearly 10%. Inventory and consumer sentiment are also up.

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Mortgage Inventory 299

Real Estate News

MARCH 7, 2024

Proposals announced by the Biden administration ahead of the State of the Union earmark billions in tax credits and grants to increase homeownership.

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Housing Wire

MARCH 7, 2024

Sotheby’s International Realty is expanding its footprint in the Golden State. On Thursday, the Anywhere brand announced that Northern California firm Vista Real Estate had joined the Sotheby’s network. The Redding, California-based firm will now operate as Shasta Sotheby’s International Realty. This marks Sotheby’s 111th office in California. “Homebuyers migrate to the Shasta County area to enjoy its world-class outdoor recreational pursuits and scenic views,” Philip White, president and CEO of

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Real Estate Realty Clients Tools 468

Real Estate News

MARCH 7, 2024

Redfin adds “Ask Redfin” to its iPhone app; eXp Opendoor integration launches; Knock unveils crowdfunding campaign; Zonda acquires BDX.

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Housing Wire

MARCH 7, 2024

Connecticut-headquartered mortgage servicer and lender Planet Home Lending has hired Doug Long as senior vice president and divisional sales manager. Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said.

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Retail Lending Renovations Construction 458

Real Estate News

MARCH 7, 2024

The Whaley case had been the only major copycat lawsuit to name the company as a defendant.

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Housing Wire

MARCH 7, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Paul Hurst , chief innovation officer at First American , to talk about the challenge of attracting and retaining tech talent and how to know if a project has a big enough vision. Sarah Wheeler: How do you think about buy versus build? Paul Hurst: Before I joined First American, I worked with a lot of companies to decide this exact question.

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Real Estate Investing Human Resources Technology 458

Inman

MARCH 7, 2024

The prestigious award honors the most creative, innovative and strategic-thinking marketers within the real estate industry for 2024.

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Marketing Real Estate 193

Housing Wire

MARCH 7, 2024

Home sellers looking to maximize their sale price may want to avoid the start of the busy spring buying season and list their properties closer to the midpoint of the year, according to a Zillow analysis released Thursday. In a study of 2023 home sales, the real estate analytics company found that homes listed in the first two weeks of June sold for 2.3% more than at other times of the year, equating to an additional $7,700 on the typical U.S. home.

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Sellers Buyers Real Estate Inventory 448

Inman

MARCH 7, 2024

Some Realtors and the attorney general in Washington, D.C., have come forward with criticism of Curbio. Executives say the complaints represent a tiny fraction of the thousands it has helped.

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Agents Realtors Technology Brokerage 188

Housing Wire

MARCH 7, 2024

The Federal Reserve and other regulators will be making significant changes to the so-called “Basel III endgame,” Fed Chair Jerome Powell said on Wednesday as he testified before Congress. Powell acknowledged the mounting opposition to Basel III from the banking sector, assuring lawmakers of forthcoming broad revisions to the regulatory framework that is aimed at recalibrating risk assessment methodologies and capital reserves.

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Lending Mortgage Finance Marketing 448

Eyes on Housing

MARCH 7, 2024

Per the Mortgage Bankers Association’s (MBA) survey through the week ending March 1st, total mortgage activity increased 9.7% from the previous week, and the average 30-year fixed-rate mortgage (FRM) rate fell two basis points to 7.02%. The 30-year FRM has risen 22 basis points over the past month as rates remain right around seven percent.

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Mortgage 187

Housing Wire

MARCH 7, 2024

Federal Reserve Chair Jerome Powell indicated in recent congressional testimony that interest rate hikes are now likely at the “ peak for the current tightening cycle ,” after signaling in November of last year that the Fed was close to the end of its war on inflation. For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market expert

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Investors Government Mortgage Investing 448

Inman

MARCH 7, 2024

California to use lottery system to allocate $220 million in "Dream for All" shared appreciation loans that cover down payments for first-time homebuyers.

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Tools Buyers Finance Mortgage 187

Housing Wire

MARCH 7, 2024

The way that the Social Security and Supplemental Security Income (SSI) programs interact is unfair to low-income workers and retirees , and changing the Social Security benefit applied to SSI would “allow low-income older adults to obtain additional income during retirement.” This is according to a new report published by the Brookings Institution.

Insurance 447

Insurance 447

Inman

MARCH 7, 2024

Celebrating a decade in operation this year, the cloud-based brokerage saw revenue skyrocket by 89 percent in the fourth quarter and its agent count soar by 66 percent, according to earnings data on Thursday.

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Brokerage Agents 183

Housing Wire

MARCH 7, 2024

Proptech company and iBuyer Opendoor is no longer facing the allegations of a copycat commission lawsuit. On Wednesday, Nathaniel Whaley, the sole plaintiff in the Whaley suit , filed a motion to voluntarily dismiss Opendoor without prejudice. The motion noted that the reason for the dismissal was that Opendoor had not yet served an answer or a motion for summary judgment.

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Realty Real Estate Realtors Brokerage 447

Inman

MARCH 7, 2024

Luxury consultant Chris Pollinger walks you through the steps to create a cohesive and integrated marketing strategy that leverages a variety of channels for more effective engagement.

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Marketing Brokerage Agents 183

Housing Wire

MARCH 7, 2024

Finance of America Companies (FOA), parent of leading reverse mortgage lender Finance of America Reverse (FAR), narrowed its quarterly loss to $20 million and posted an overall improvement in its earnings to $164.7 million in fourth-quarter 2023. The fourth-quarter loss was down from the $25 million in losses posted in Q3 2023, FOA reported during an earnings call on Wednesday.

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Marketing Mortgage Modernization Retail 445

Inman

MARCH 7, 2024

Learn how this Atlanta native became a real estate force to be reckoned with in the wide open spaces of Idaho and Wyoming.

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Real Estate Brokerage 182

Housing Wire

MARCH 7, 2024

Florida lawmakers approved a contentious bill to facilitate the demolition and redevelopment of aging coastal buildings , multiple media outlets reported on Wednesday. The measure, known as the Resiliency and Safe Structures Act (SB 1526), garnered strong support in both chambers of the Legislature, with the House voting 86-29 and the Senate 36-2 in favor.

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Insurance Construction 284

Inman

MARCH 7, 2024

Ready to get busy? Trainer and author Bernice Ross talks to Curaytor co-founder and CEO Jimmy Mackin about the marketing plays that are working right now.

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Marketing Business Agents 178

Appraiserblogs

MARCH 7, 2024

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals.

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Modernization Appraisal Valuation Appraisal Process 148

Inman

MARCH 7, 2024

It’s a transformative time in the industry, Mike DelPrete writes, and now is an opportunity to pause, step back, critically evaluate and use the moment to get smarter.

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Brokerage 178

BiggerPockets

MARCH 7, 2024

Should you invest for cash flow or appreciation?

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Investing Real Estate 92

Inman

MARCH 7, 2024

Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant.

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Sellers Buyers Realtors Brokerage 165

BiggerPockets

MARCH 7, 2024

Did you know that a certain shade of paint can help you sell your home for more?

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Buyers Real Estate 91

Inman

MARCH 7, 2024

If your client is frustrated by a lowball appraisal, even when they've done everything right to get ready for the market, there may be bias at work, Dr. Lee Davenport writes.

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Clients Appraisal Marketing Agents 143

GoForrmz

MARCH 7, 2024

Women continue to rise to the challenges of the construction industry This year, during Women in Construction Week, it’s the perfect time to celebrate the remarkable contributions of women in an industry historically dominated by men. While the industry demographics still skew predominantly male, women in construction now make up 10.8% of the workforce, a two percent increase since 2010.

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Construction Architecture Project Management Technology 78