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Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for real estate agents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox.
The Consumer Financial Protection Bureau (CFPB) has finalized the Personal Financial Data Rights Rule (PFDRR) that will give consumers greater rights, privacy, and security over their personal financial data. The rule requires financial institutions, credit card issuers, and other financial providers to unlock an individual’s personal financial data and transfer it to another provider at the consumer’s request—for free—allowing consumers to more easily switch to providers with superior rates and
With the election behind us, the industry is refocused on building momentum and driving growth in 2025. Next year, real estate brokers and team leaders can adapt, innovate and truly thrive in the new market. With these unique strategies, brokers can achieve sustainable success while staying ahead in a competitive market. Here’s four strategies for leaders looking to maximize growth and position their brokerages and teams for success. 1.
ATTOM has released its annual analysis highlighting the best days of the year to purchase a home , revealing that while November offers a 7.3% premium, it remains the lowest premium for buyers. Additionally, December 4 stands out as the single best day to buy a home. According to ATTOM’s latest analysis of more than 52 million single-family home and condo sales over the past 11 years, buyers who close on December 4 are seeing the lowest premium above the automated valuation model (AVM).
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Real estate marketing startup Realoq is launching a new data solution for brokers and agents. The new “360-degree product experience” will help brokerages and real estate professionals access data, manage listings and ensure accuracy. Rexdat — a technology firm offering a subscription-based, cloud-powered, software-as-a-service (SaaS) platform—powers the new tool.
Most consumers agree when asked in surveys if they support the idea of creating houses to assist cut rents or generate more affordable buying choices. To the best of Fannie Mae knowledge, no well-known studies have inquired about consumer support for the building of additional homes in their local communities, which are defined as being a few blocks or streets away from their home address.
Most consumers agree when asked in surveys if they support the idea of creating houses to assist cut rents or generate more affordable buying choices. To the best of Fannie Mae knowledge, no well-known studies have inquired about consumer support for the building of additional homes in their local communities, which are defined as being a few blocks or streets away from their home address.
The state of South Carolina is experiencing an influx of retired baby boomers , which could test the capacity of its infrastructure in areas such as health care and transportation services, as well as resources for dealing with isolation and the job market, according to reporting by Charleston-based newspaper The Post and Courier. In the realm of housing, the term “ silver tsunami ” often refers to the idea that older homeowners will aim to downsize and sell their homes, theoretically flooding t
What happens to the housing market after a presidential election year? Does the market really heat up like people say? What can we expect? Let’s take a look at some stats and kick around ideas. I’d love to hear your take in the comments. UPCOMING SPEAKING GIGS: 11/19/24 Downtown Regional MLS Meeting Q&A 9am 11/20/24 […] The post The housing market after a presidential election first appeared on Sacramento Appraisal Blog.
In the newest episode of the RealTrending podcast , host Tracey Velt chats with Stephanie Anton, president of Corcoran Affiliates , the worldwide affiliate network for The Corcoran Group. In this conversation, Anton teaches listeners how to find their value proposition and leverage these skills into servant leadership. This interview has been edited for length and clarity.
Fannie Mae Board Member Scott D. Stowell Fannie Mae has named Scott D. Stowell to its Board of Directors, bringing nearly 40 years of experience in the U.S. homebuilding industry to the Board. Members of Fannie Mae’s Board of Directors guide the company’s efforts to responsibly expand access to mortgage credit and finance quality, affordable housing.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
After two years of growth and expansion, real estate technology provider and software company Inside Real Estate is beefing up its executive team. On Tuesday, the firm announced the creation of two new leadership roles, which the company said will help to further enhance its tech offerings. The two new roles are chief product officer and chief revenue officer, which will be filled by Julia Laurin and Josh Johnsen, respectively.
There were 30,784 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in October, an increase of 4% compared with September but down 11% from October 2023, according to ATTOM. “Foreclosure activity remains challenging for U.S. homeowners, with starts and completed foreclosures up in October,” says Rob Barber, CEO of ATTOM, in a statement.
With several top 10 reverse mortgage lenders now active in some form within the U.S. stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. In the case of FOA — the current industry leader — the earnings results were robust.
The antitrust lawsuit filed by broker John Diaz in U.S. District Court in Los Angeles claims the membership agreement creates "an anti-competitive monopoly over MLS services.
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.
CrossCountry Mortgage , a top-10 U.S. mortgage lender, has hired a team of former Pennymac Financial Services executives to lead its capital markets and investment-related activities. On Wednesday, CCM announced Vandad Fartaj as the chief investment officer, William Chang as chief capital markets officer, and Tom Rettinger as chief portfolio risk officer.
Fast-growing brokerage SERHANT. continues to enter new markets. Led by Ryan Serhant, the company announced the addition of the Atlas Group in Atlanta , growing its presence in Georgia as it already has agents in Savannah. Atlas Group is coming over from Compass. According to 2023 production data from RealTrends Verified , Atlas ranked No. 3 in transactions in Atlanta with 132 and No. 5 in sales volume at $62.6 million.
New Orleans -based United Real Estate Partners is continuing to expand. On Thursday, the firm announced a merger with Real Estate Resource Group. According to the announcement, the merger will further strengthen United’s foothold in the Greater New Orleans area. Earlier this year, the firm announced another merger with Team Geaux Realty. “The accelerating growth now happening in the Greater New Orleans market is gratifying and will continue in the months ahead.
If home price growth continues at the current pace, “America will be completely divided,” said Chief Economist Lawrence Yun. The solution? “More supply.
HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO of Polly , to talk about his thought process for solving customer problems and why cutting costs for mortgage lenders is paramount. This interview has been edited for length and clarity. Sarah Wheeler: What differentiates Polly’s technology? Adam Carmel: The technology is only as good as the people building it, and their propensity to really push the envelope and think through all of the pain points that have e
An analysis of more than 17,000 transactions initiated within 60 days of Aug. 17 showed only minor shifts in percentages, though transactions were down overall.
iLLiePhotography, Getty Images Source: [link] Florida Cities Lead in All-Cash Purchases By Amy Connolly Redfin reports over one-third of U.S. home purchases in February were all cash – close to the record high. Florida saw big increases in year-over-year all-cash purchases. SEATTLE – Six Florida metro areas lead the nation in all-cash home purchases, possibly highlighting the impact investors are having on the state’s housing market.
Judge Stephen Bough said discovery could continue into whether deals reached by eXp and Weichert with the Hooper plaintiffs constituted a "reverse auction.
Mortgage lenders saw a pre-tax net profit of $701 on each loan they originated in the third quarter, up from $693 per loan in the second quarter, according to the Mortgage Bankers Association’s (MBA) newly released Quarterly Mortgage Bankers Performance Report. The average pre-tax production profit was 18 basis points (bps), up from the reported 17 bps in the second quarter, according to the report, which uses data provided by independent mortgage banks (IMBs) and mortgage subsidiaries of charte
Boost efficiency and safety on construction projects with digital forms Effective collaboration between contractors and subcontractors is essential for the success of any construction project, whether it’s a small residential build or a large commercial development. However, traditional paper-based processes can often lead to communication breakdowns, miscommunication, and delays.
Despite the outcome of the Presidential Election and last week’s Fed rate cut , the average rate for a 30-year fixed-rate mortgage remained flat this week at 6.78% Still, rates are down significantly from a year ago, when the average rate for a 30-year was 7.44%, according to Freddie Mac’s Primary Mortgage Market Survey. “After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers,” says Sam Khater, chief economist for Freddie Mac,
Cristina Coppola Qualifies for the 2024 Lamacchia Realty President’s Club Congratulations to Cristina Coppola for officially qualifying for the 2024 Lamacchia Realty President’s Club! She hit this impressive achievement by surpassing $16,000,000 in sales volume so far this year! This is Cristina’s second year in a row qualifying, as she was a member of the 2023 President’s Club.
Commissions haven't changed much since the NAR settlement terms went into effect, but early signs show where things may be heading, dueling surveys by AccountTECH and Inman Intel show.
Prices for inputs to new residential construction—excluding capital investment, labor, and imports—decreased 0.2% in October according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. Compared to a year ago, this index is up 0.3% in October after a decline of 0.1% in September. The inputs to.
A judge has denied the brokerage's request for a stay in the Gibson case, saying a tactic the company is accused of using to settle a different suit involves a "collusive element.
Flat fee full service real estate offers a modern alternative to the costly traditional real estate model. Homeowners pay a set fee for a complete suite of services, rather than handing over a portion of their sale proceeds. This approach presents several benefits: Cost savings : Significantly reduces commission fees compared to traditional real estate transactions.
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