Housing Wire

NOVEMBER 21, 2023

Has the epic crash in existing home sales finally found a workable bottom to rise from? The 10-year yield will be our guide, as I discussed on CNBC very early in 2023. Where the 10-year yield goes, so goes housing! I say this because of the slow dance between the 10-year yield and 30-year mortgage rates since 1971. Last year, the 10-year yield fell from 4.25% to 3.37%, pushing mortgage rates lower from 7.37% to 5.99%.

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Inventory Mortgage Marketing Investors 491

Real Estate News

NOVEMBER 21, 2023

Fidelity National Financial, parent company of Chicago Title and more, is blocking access to title and escrow services while it investigates a security breach.

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Housing Wire

NOVEMBER 21, 2023

Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year, however, is shaping up to be better, according to Morgan Stanley. Analysts at the firm say that in 2024 the U.S. will avoid a recession, mortgage rates will fall, incomes will continue to rise and an uptick in listings will spur more housing activity.

Inventory 488

Inventory Housing Market Mortgage Marketing 488

Sacramento Appraisal Blog

NOVEMBER 21, 2023

It’s time to run toward the housing market. Today, I have some quick thoughts of encouragement for the real estate community as we look to 2024. I know it’s a holiday week, but I really want to share this message. And I have some cool stats too. Scroll quickly or digest slowly. UPCOMING (PUBLIC) SPEAKING […] The post Run toward the housing market in 2024 first appeared on Sacramento Appraisal Blog.

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Housing Market Marketing Real Estate Appraisal 344

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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

Housing Wire

NOVEMBER 21, 2023

You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your secret sauce to becoming the ultimate authority in the real estate world. In this article, we’re going to dive into the incredible ways AI can skyrocket your authority and set you apart from the competition.

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Real Estate Agent Real Estate Agents Clients 482

Housing Wire

NOVEMBER 21, 2023

California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their tenants the option to have their rental payments reported to credit bureaus. For the past two years since the law went into effect, residents of these housing developments have had the opportunity to opt into rent reporting annually.

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Tenants Law Landlords Development 468

Real Estate News

NOVEMBER 21, 2023

October home sales slid 4.1%, representing the steepest single-month decline in 2023 so far.

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Housing Wire

NOVEMBER 21, 2023

Rocket Pro TPO , the wholesale arm of Rocket Mortgage , announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes. The announcement, made via social media by Mike Fawaz, executive vice president at Rocket Pro TPO, states that for new locks as of Nov. 20, brokers will see a credit of 25 basis points for non-owner-occupied agency loans.

Finance 448

Finance Investing Clients Mortgage 448

Inman

NOVEMBER 21, 2023

After exceeding 8 percent in October, rising mortgage rates overtook "lack of housing inventory" as the top concern for real estate agents, according to the results of the latest monthly Inman Intel Index.

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Inventory Agents Real Estate Agent Mortgage 195

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

Housing Wire

NOVEMBER 21, 2023

Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three years. That’s according to CoreLogic ’s Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. “ Single-family rent growth eased again in September and is now back to the rate recorded before the pandemic,” Molly Boesel, principal economist for CoreLogic, said in a statement.

Housing Market 448

Housing Market Marketing 448

Inman

NOVEMBER 21, 2023

Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands.

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Insurance Mortgage 193

Housing Wire

NOVEMBER 21, 2023

California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England. That’s not the first addition to CMG this year. In March, the company struck a deal to acquire Homebridge Financial Services ‘s retail division to grow its retail lending business footprint.

Loan Officers 448

Loan Officers Retail Lending Renovations 448

Inman

NOVEMBER 21, 2023

Existing sales fell 4.1 percent in October to an annual rate of 3.79 million, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said.

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Buyers Agents Marketing 190

Housing Wire

NOVEMBER 21, 2023

The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The final rule is primarily related to guarantees on commingled securities, multifamily mortgage exposures secured by properties with government subsidies and derivatives and cleared transactions.

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Government Contracts Tools Mortgage 441

Inman

NOVEMBER 21, 2023

RentRedi CEO Ryan Barone writes that from smart home enhancements to mobile-friendly tech service that streamlines the rental process, technology is the key to helping college-town landlords thrive in today's market.

Landlords 188

Landlords Technology Marketing Investing 188

Housing Wire

NOVEMBER 21, 2023

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. Existing-home sales dropped 4.1% in October from the prior month , reaching a seasonally adjusted annual rate of 3.79 million, according to the N ational Association of Realtors. Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 million.

Inventory 435

Inventory Realtors New Listings Contracts 435

Inman

NOVEMBER 21, 2023

Thirty percent of real estate agents and 55 percent of mortgage and real estate broker-owners agree that culture is the factor that sets a company apart from the rest, according to the October 2023 Inman Intel Index results.

Agents 187

Agents Real Estate Agent Technology Real Estate 187

Housing Wire

NOVEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler and Brena Nath, director of HW+ and events at HousingWire. On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. Having referred to this phrase for over 10 years, the explanation we’ve used is as adaptable and forward thinking as the saying is supposed to be.

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Housing Market Marketing Real Estate Mortgage 435

Inman

NOVEMBER 21, 2023

Under pressure to add more housing supply, officials say they're looking at ways to decrease the number of short-term rentals in the country.

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Investing Marketing 187

Housing Wire

NOVEMBER 21, 2023

Attom Data Solutions has appointed Ned Stringham to the role of chairman of the board. His addition expands the board to six members. The property data provider also promoted Ana Flor and Kara Taylor to the positions of chief people officer and chief marketing officer, respectively. Before the promotions, Flor was the executive vice president of people and Taylor served as executive vice president of marketing.

Technology 434

Technology Clients Investing Marketing 434

Inman

NOVEMBER 21, 2023

Curbio "strongly" denied claims on Monday by Washington, D.C.'s attorney general that the pre-sale renovation startup violated consumer protection laws through "deception, intimidation and fraud.

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Renovations Law Agents 183

Housing Wire

NOVEMBER 21, 2023

Jessica Davis, content editor, HousingWire Content Studio. Perhaps the only predictable thing about the mortgage industry is its unpredictability. We all know the market is cyclical, but no one enjoys seeing the downside, and this year has been a difficult one. Rates have been high, inventory has been low and purchase applications have been down. As a result, the market has been slower, with continued layoffs and some lenders exiting the game.

Design 433

Design Tools Inventory Mortgage 433

Inman

NOVEMBER 21, 2023

Property management software enhances operations and saves time and money for agents, property owners and short-term rental guests. Victoria Kennedy, CEO of Atman Real Estate, shares strategies for assessing your tech.

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Property Management Real Estate Agents Investing 183

Eyes on Housing

NOVEMBER 21, 2023

Existing home sales in October fell to the lowest level since August 2010, as limited inventory and higher mortgage rates continued to weigh on homebuyers, according to the National Association of Realtors (NAR). Low resale inventory and strong demand continued to drive up existing home prices, marking the fourth consecutive month of year-over-year median sales price increase.

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Inventory Mortgage Realtors 173

Inman

NOVEMBER 21, 2023

The spartan, amenity rich AI assistant is currently available to the 3-year-old brokerage's 400 agents with plans to offer the tool to outsiders before the end of 2023, executives told Inman.

Brokerage 183

Brokerage Tools Agents Technology 183

Eyes on Housing

NOVEMBER 21, 2023

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates a slowing market for custom home building after a recent gain in market share. There were 50,000 total custom building starts during the third quarter of the year. This marks an almost 17% decline compared to the third quarter of 2022, consistent with weakness experienced.

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Design Marketing 151

Inman

NOVEMBER 21, 2023

Post-pandemic real estate isn’t easy, according to Florida team leader Marcus Larrea. Here’s how to make sure you’re capturing as much business as possible.

Real Estate 179

Real Estate Business Agents Marketing 179

The Appraiser Coach

NOVEMBER 21, 2023

As human beings, we often think of the cost of things. It is my opinion that we think about the cost too much. It keeps us from achieving something truly great. For instance, we may consider starting to get up and exercise every morning, but decide against it when we consider the 30 minutes of sleep we’re going to lose by getting up early to exercise.

Investing 150

Investing Appraisal Inspection Advertising 150

GoForrmz

NOVEMBER 21, 2023

Originally published on 03/12/2018 Ready to build your first digital form Template ? Congratulations on taking the first significant step towards creating your digital form Template by partnering with GoFormz to digitally transform your paper forms. To get started, follow these simple steps: Begin by uploading your desired form to the GoFormz Template Builder.

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Legal Law Design Tools 148

BiggerPockets

NOVEMBER 21, 2023

With mortgage rates climbing, creative financing has become an alternative method of investing in real estate. Here's one of the best ones to utilize.

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Finance Real Estate Investing Marketing 92

Mortgagebroker News

NOVEMBER 21, 2023

Committee members will provide expert advice on credit market and mortgage industry challenges

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Mortgage Marketing 87

BiggerPockets

NOVEMBER 21, 2023

Yes, there are STILL rental property mortgages with low interest rates AND low money down, even in 2023.

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Real Estate Investors Investing Mortgage 91