Appraisal Buzz

DECEMBER 6, 2024

A recent analysis of Federal Housing Finance Agency (FHFA) data by the Urban Institute dispels the myth that manufactured homes do not appreciate as much as site-built homes. The report , which includes government-sponsored enterprise (GSE) mortgage data for manufactured homes, reveals that between 2000 and 2024, manufactured homes appreciated at nearly identical rates to site-built homes, growing approximately 5% annually.

Law 397

Law Valuation Home Value Government 397

Housing Wire

DECEMBER 6, 2024

Real estate agents are no strangers to going out of their way to help their local communities. According to the National Association of Realtors (NAR) Community Aid and Real Estate (CARE) Report published in May, nearly 70% of all NAR members reported that they volunteered at least eight hours a month in 2023. Leigh Brown , the broker-owner of North Carolina -based One Community Real Estate , is one such Realtor with a penchant for volunteering.

Realtors 369

Realtors Real Estate Real Estate Agent Agents 369

Appraisal Buzz

DECEMBER 6, 2024

According to the Q4 2024 Fannie Mae Home Price Expectations Survey (HPES) , following an average expectation for national home price growth of 5.2% in 2024, a panel of more than 100 housing experts forecasts home price growth to decelerate to 3.8% in 2025 and 3.6% in 2026. The panels estimates of national home price growth represent an upward revision from last quarters expectations of 4.7% for 2024, 3.1% for 2025, and 3.3% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).

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Inventory Home Value Design Mortgage 397

Housing Wire

DECEMBER 6, 2024

Mortgage rates fell this week and they are now far from the levels widely discussed after the election. With the final jobs report for 2024, mortgage rates made a nice move lower today, and its been a positive story this week. We discussed this possibility in last weeks Housing Market Tracker : Will there be a Santa Claus rally in mortgage rates? Economic data has played a significant role in the market, unlike speculative theories.

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Mortgage Housing Market Retail Marketing 434

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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

Appraisal Buzz

DECEMBER 6, 2024

The nations housing deficit has long been thought to be alleviated by a silver tsunamian anticipated influx of properties from elderly owners who will downsize or otherwise move on. However, recent Zillow research indicates that these properties are probably positioned far from the areas where they are most needed. Even if we did see a silver tsunami, a look at the map tells me it wouldnt really move the needle in terms of solving our housing affordability crunch, said Orphe Divounguy, Senior Ec

Construction 369

Construction Marketing Appraisal 369

Appraisal Buzz

DECEMBER 6, 2024

The Homeowner Equity Report (HER) for Q3 of 2024 was recently published by CoreLogic. According to the research, home equity for U.S. homeowners with mortgageswho own about 62% of all propertiesrose by $425 billion since the third quarter of 2023, representing a 2.5% annual gain. As a result, the total net homeowner equity reached over $17.5 trillion in the third quarter of 2024.

Insurance 195

Insurance Mortgage Appraisal 195

Housing Wire

DECEMBER 6, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spel

Real Estate 328

Real Estate Clients Tools Sellers 328

Appraisal Buzz

DECEMBER 6, 2024

Rocket Mortgage reports that it has filed a suit in Federal District Court against the U.S. Department of Housing and Urban Development (HUD) to correct conflicts between the governments regulations requiring appraiser independence and its enforcement actions seeking to hold lenders liable for the conduct of independent licensed appraisers. Rocket Mortgage has also filed a motion to dismiss the claim the DOJ brought against the company based on the same regulatory conflicts and misapplication of

Appraisal 195

Appraisal Mortgage Law Contracts 195

Housing Wire

DECEMBER 6, 2024

Brokerage giant eXp Realty is adding a superstar agent to its ranks. The company announced the recruitment of Phoenix -based agent Joshua Smith, a high producer who closed 297 transactions in 2023. Smith is the latest addition to eXp Realty’s expanding global agent network. According to the brokerage, Smith has been a standout in the real estate business for 20 years.

Realty 319

Realty Agents Real Estate Brokerage 319

Advertiser: Trellis

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Real Estate

Appraisal Buzz

DECEMBER 6, 2024

The ideal candidate leverages strong relationships in target customer segments, deeply understands real estate technology, excels in enterprise sales, and navigates complex sales cycles effectively. Job Summary: We are seeking an experienced and results-driven Senior B2B Sales Executive to join our growing team. This individual will play a pivotal role in driving revenue growth by leveraging their established relationships within our target customer segments.

Real Estate 195

Real Estate Contracts Technology Investing 195

Housing Wire

DECEMBER 6, 2024

Anywhere brand Century 21 is growing its presence in Massachusetts. On Thursday, the Century 21 Custom Home Realty affiliate announced its acquisition of Mansfield, Massachusetts-based Monarch Realty Group. The financial terms of the deal were not disclosed. Through this acquisition, the firm now boasts 60 real estate agents and four offices. Bringing Monarch Realty Group into the CENTURY 21 Custom Home Realty family will provide its affiliated agents with advanced systems and tools and empower

Realty 315

Realty Real Estate Agent Real Estate Clients 315

Appraisal Buzz

DECEMBER 6, 2024

Roughly 227,000 jobs were added to the U.S. economy in November, above expectations, while the unemployment rate was flat at 4.2%, according to the U.S. Bureau of Labor Statistics. Sectors that saw significant increases in job growth included health care, leisure and hospitality, government, and social assistance, while the retail sector lost jobs. About 7.1 million Americans were unemployed as of the end of the month.

Retail 195

Retail Government Appraisal Marketing 195

Housing Wire

DECEMBER 6, 2024

The Masiello copycat commission lawsuit plaintiff and Realty ONE Group Arizona have filed a joint motion to dismiss the brokerage defendant from the suit with prejudice. The motion was filed on Thursday in U.S. District Court in Phoenix. According to the motion, the desire to dismiss the suit comes from Realty ONE Groups settlement in the Gibson suit , which was granted final approval in late October.

Realty 315

Realty Brokerage Realtors Real Estate 315

Inman

DECEMBER 6, 2024

Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut downabout two weeks after being sued by Connecticut's Attorney General.

Tools 144

Tools Buyers Technology Marketing 144

Housing Wire

DECEMBER 6, 2024

UWM Holdings Corp., the parent company of leading U.S. mortgage lender United Wholesale Mortgage (UWM), has raised $800 million through an unsecured debt offering, a 60% increase from its initial plan. The offering, targeted at qualified investors, priced at 6.625% with senior notes due in 2030. These notes are guaranteed on a senior unsecured basis by UWM and share equal payment priority with the companys existing senior unsecured notes.

Investors 279

Investors Mortgage 279

Inman

DECEMBER 6, 2024

Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work the unemployment rate is back up to 4.2 percent.

Mortgage 144

Mortgage Marketing 144

Housing Wire

DECEMBER 6, 2024

The New York City Council this week narrowly passed a housing plan backed by Mayor Eric Adams (D) known as City of Yes, which calls for the construction of 82,000 new homes over the next 15 years in the Big Apple. The passage of the plan has been characterized as some of the citys most significant strides in decades to address its housing crisis. But the plan backed by a mayor who is currently embroiled in a high-profile legal case in which the U.S.

Construction 292

Construction Legal Government Development 292

Inman

DECEMBER 6, 2024

We already have Mormon moms to thank for the resurgence of Stanley cups, and now they're putting another trend on the map the Costco door. The Costco door is a 3-by-3-foot ground-level door that connects the garage and pantry.

Design 132

Design 132

Housing Wire

DECEMBER 6, 2024

Tim Nelson, reverse department manager at VIP Mortgage , is a 35-year veteran of the mortgage business, and he has been solely focused on reverse mortgages for the past 15 years. Nelson recently sat down with HousingWire s Reverse Mortgage Daily (RMD) to share perspectives on what it was like to move from being a reverse mortgage industry professional to a customer.

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Insurance Mortgage Government Business 285

Inman

DECEMBER 6, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 129

Brokerage Agents 129

Appraisal Today

DECEMBER 6, 2024

Newz: GSE New Market Conditions Policy, State Board Complaints, Waivers December 6, 2024 Whats in This Newsletter (In Order, Scroll Down) LIA ad– Navigating Value Revisions in Appraisals Market Trends and Market Conditions Adjustments. A Ferrari Inspired Masterpiece With 20K square Feet of Luxury Resort Amenities Listed at 55 Million in Delray Beach FL November 2024 Real Estate Market Update By Kevin Hecht 5 Tips to Handle Appraisal Board Complaints Correcting the Record: Accurate Groups C

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Appraisal Marketing Real Estate Buyers 70

Inman

DECEMBER 6, 2024

Rick Guerrero interviews mortgage pro and social media expert Kayla Kallender about the impact social media marketing can have in growing a business.

Business 125

Business Marketing Mortgage Agents 125

BiggerPockets

DECEMBER 6, 2024

Unfortunately, scams are becoming increasingly sophisticated, and property owners are often targeted by fraudulent contractors, fake insurance policies, and deceptive property transactions.

Real Estate 78

Real Estate Insurance Business 78

Inman

DECEMBER 6, 2024

Focusing on absorption rates, tier pricing and specific neighborhood trends allows you to price your listings more accurately, trainer Bernice Ross writes.

Agents 120

Agents Marketing 120

BiggerPockets

DECEMBER 6, 2024

After the roller-coaster ride of the last few years, listings and data analytics site Zillow have painted a generally optimistic outlook for residential real estate in 2025, with more inventory […]

Housing Market 73

Housing Market Real Estate Inventory Marketing 73

Inman

DECEMBER 6, 2024

In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the "star of a reality television show" but stopped short of naming Oppenheim.

Law 146

Law Brokerage Agents 146

BiggerPockets

DECEMBER 6, 2024

Another year, another list.

Marketing 71

Marketing Housing Market 71

Inman

DECEMBER 6, 2024

Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding, and market strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.

Real Estate 118

Real Estate Technology Business Marketing 118

BiggerPockets

DECEMBER 6, 2024

The 2024 housing market was nothing short of “wild,” to put it lightly. We came from years of unprecedented growth, rock-bottom mortgage rates, and fiery homebuyer demand.

Housing Market 69

Housing Market Marketing Mortgage Real Estate 69

Inman

DECEMBER 6, 2024

Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding, and market strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.

Real Estate 113

Real Estate Technology Business Marketing 113

Lamacchia Realty

DECEMBER 6, 2024

John Millen and Patrick Kennedy Inducted as 2025 RACM Vice President and Treasurer On December 5th, 2024, The REALTOR Association of Central Massachusetts (RACM) held its annual Installation ceremony in Worcester. At the ceremony, John Millen, Lamacchia Realty Director of Business Development , was inducted as RACM’s 2025 Vice President, and Patrick Kennedy, Lamacchia Realty REALTOR was inducted as RACM’s 2025 Treasurer!

Realty 63

Realty Realtors Government Development 63

PennyMac

DECEMBER 6, 2024

Youve made the big decision: Youre ready to buy a home! Whats next? A great first step is to receive a mortgage pre-approval. What is a pre-approval, what are its benefits and how can you get one? Read on to learn all about this important piece of the home purchasing and financing process. Understanding Mortgage Pre-Approval If youre like most homebuyers, you will be looking to finance your new home.

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Mortgage Finance Contracts Buyers 62