Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. This comes even as the business practice changes outlined in the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement have been implemented across the country. Real conducted its survey between Aug. 30 and Sept. 15, recording the responses of roughly 300 agents across North America.

Sellers 511

Sellers Agents Buyers Brokerage 511

Appraisal Buzz

SEPTEMBER 27, 2024

The Federal Housing Finance Agency (FHFA) has announced the release of a new data visualization dashboard , an interactive tool for tracking data on multifamily mortgages that enables users to review details about loans and properties at both the state and national levels. Powered by the Public Use Database (PUDB) of mortgage acquisitions by Fannie Mae and Freddie Mac (the GSEs), the dashboard is a more accessible way to view and understand data on multifamily mortgages.

Mortgage 397

Mortgage Tools Finance Appraisal 397

Housing Wire

SEPTEMBER 27, 2024

A majority of U.S. veterans are not aware of the fact they can qualify for grants from the U.S. Department of Veterans Affairs (VA) to allow them to age in place, according to survey data from senior advocacy group AARP. Sixty percent of veterans who are 45 and older “are unaware that VA provides grant funding for home modifications , and almost a quarter of veterans say they need financial assistance to modify their homes to continue living there,” according to an article published by the VA.

Design 476

Design Renovations Finance 476

Appraisal Buzz

SEPTEMBER 27, 2024

For some American families, a house in a tiny bucolic burgh might prove a less expensive option than putting down roots in a large city. But this widespread concept of idyllic and inexpensive “town and country” life is, in general, a myth, say experts, who published a new study to back that up. Researchers for LendingTree found home values in the country’s priciest micro politan areas (“towns” for the purposes of their report) rival those in the nation’s largest metros.

Home Value 370

Home Value Real Estate Buyers Construction 370

Housing Wire

SEPTEMBER 27, 2024

An explosive period for Denver’s multiple listing service (MLS) has come to an end, but an even more controversial one might be beginning. REcolorado announced on Friday that its sale to the Joseph Burks-owned entity MAZL has been finalized, three months after the two Realtor associations that previously owned the MLS fired the board of directors over an alleged breach of a confidentiality agreement.

Agents 471

Agents Real Estate Realtors Real Estate Agent 471

Appraisal Buzz

SEPTEMBER 27, 2024

In the DEI Table Talks that took place at the 2024 Five Star Conference & Expo, leaders in the industry were given a chance to engage in meaningful dialogues with experts committed to promoting diversity, equity, and inclusion (DEI) in their companies and the mortgage sector. DEI organizational structures are designed to encourage the equitable treatment and full participation of all persons, particularly those who have traditionally been underrepresented or susceptible to discrimination bas

Design 369

Design Tools Business Finance 369

Real Estate News

SEPTEMBER 27, 2024

The new law, which takes effect Jan. 1, allows agreements to be extended — but not automatically. It was created in response to the NAR settlement.

Buyers 306

Buyers Law Agents 306

Housing Wire

SEPTEMBER 27, 2024

In a recent episode of “The Loan Officer Podcast,” host Dustin Owen and guest John Coleman explore key tips that all aspiring real estate agents should know when navigating mortgage financing for a potential client. Owen emphasizes the importance of understanding these principles whether an agent is new or experienced, allowing them to focus on helping the buyer.

Finance 440

Finance Agents Mortgage Loan Officers 440

Appraisal Buzz

SEPTEMBER 27, 2024

The second quarter saw a 6.2% decrease in asking rents for newly built units to $1,746—the lowest amount in over two years. This is supported by a recent analysis from Redfin. Only this year’s first quarter had a greater reduction in rents—by 7.5%—than the second consecutive quarter in which newly constructed apartment rentals showed an annual decline, and the second-deepest decline in the previous five years.

Construction 284

Construction Tenants Finance Appraisal 284

Housing Wire

SEPTEMBER 27, 2024

Editor in Chief Sarah Wheeler sat down with Manish Garg, senior vice president of product and technology at EarnUp , an autonomous financial wellness platform, to talk about how his company is using gen AI to deliver a personalized experience for customers at scale. Garg has a deep background in building enterprise software and has spent the last decade working with fintechs in the mortgage lending space.

Loan Officers 435

Loan Officers Technology Business Development 435

Real Estate News

SEPTEMBER 27, 2024

Zillow adds information about flooding, wildfire and other climate risks to its listings; MetroList teams up with StreetWire to offer Home Value Lock.

Home Value 279

Home Value 279

Housing Wire

SEPTEMBER 27, 2024

Hurricane season has arrived, and residents of Florida and other Southeast states are beginning to deal with the damage wrought after Hurricane Helene made landfall on Thursday. Helene was a Category 4 storm with winds speeds of up to 140 mph when it hit the Big Bend area of Florida’s panhandle, near Tallahassee, on Thursday night. But it quickly weakened and was downgraded to a tropical storm.

Real Estate 434

Real Estate Insurance Housing Market Finance 434

Real Estate News

SEPTEMBER 27, 2024

New owner aims to make Colorado’s largest MLS more subscriber-centric and simplify transactions as associations pledge “to create exciting new opportunities.

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Housing Wire

SEPTEMBER 27, 2024

Title Resources Group (TRG) has closed its acquisition of Doma Holdings , the parent company of Doma Title , according to an announcement on Friday. The sale was first announced in late March 2024. In the all-cash transaction, Doma was valued at nearly $88 million. As a result of the sale, Doma’s underwriting division (DTI) is now a wholly owned subsidiary of TRG. “Combining DTI with TRG’s existing underwriter, we have become the fifth largest independent underwriter in the United S

Technology 434

Technology Investing Real Estate Investors 434

Appraisal Buzz

SEPTEMBER 27, 2024

This piece originally appeared in the September 2024 edition of MortgagePoint magazine, online now. Founded last year, in the fall of 2023, the Five Star Institute’s Mortgage Servicing Executive Alliance (MSEA) , is an industry membership group focused on elevating the next generation of mortgage leaders to transform the industry in an inspiring and innovative way, as well as serving as a guiding force, cultivating talent, and fostering collaboration among mortgage professionals to build a bri

Mortgage 221

Mortgage Technology Insurance Investors 221

Housing Wire

SEPTEMBER 27, 2024

A successful brokerage that operates across much of the country is taking its talents to eXp Realty. CanZell Realty has joined eXp, allowing the brokerage to expand in 20 states with a single addition. CanZell is led by Chantel Ray, who cited her personal friendship with eXp CEO Leo Pareja as one reason for making the move. The two struck up a friendship during the 2008 financial crisis.

Realty 432

Realty Brokerage Real Estate Agents 432

Appraisal Buzz

SEPTEMBER 27, 2024

Brimma Tech , specializing in AI-driven solutions for the mortgage industry, has released the latest version of Vallia AUS Sandbox, a tool designed to streamline the mortgage underwriting process. Vallia AUS Sandbox offers simultaneous risk and eligibility assessment capabilities with both Fannie Mae’s Desktop Underwriter (DU) and Freddie Mac’s Loan Product Advisor (LPA).

Design 195

Design Loan Officers Tools Technology 195

Housing Wire

SEPTEMBER 27, 2024

The LGBTQ+ Real Estate Alliance has released its fourth annual list of top-performing agents and teams, and it includes a highly productive bunch. The 314 agents and teams on the list produced $5.95 billion in volume across 10,776 transactions in 2023. Collectively, the list would have finished 29th among brokerages for sales volume and 36th for transactions sides on the 2024 RealTrends Verified Top 500 rankings.

Agents 432

Agents Real Estate Realty Brokerage 432

Appraisal Buzz

SEPTEMBER 27, 2024

The national median mortgage payment applied for by borrowers was $2,057 in August —down $83 from July and down $113, or 5.2%, from August 2023, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures home affordability using multiple economic factors including mortgage rates, home prices and income.

Inventory 195

Inventory Housing Market Mortgage Buyers 195

Housing Wire

SEPTEMBER 27, 2024

The latest release data as of August 2024 indicates a significant decline in agent mobility, with the seasonally adjusted AMI metric hitting a new record low. This trend suggests that agents are increasingly less likely to consider switching brokerages as we head into the fall season. Key observations from August 2024: Agent mobility hits record low : The seasonally adjusted AMI metric has reached its lowest point since the index was established excluding the COVID month of April 2020 , indicati

Agents 427

Agents Brokerage Training Buyers 427

Appraisal Buzz

SEPTEMBER 27, 2024

Technology firm Sonar has introduced the first-ever mortgage experience platform built by industry insiders. The solution combines the point-of-sale (POS) and loan origination system (LOS) into a single, AI-enhanced, streamlined platform, the firm says in a release. The team behind the award-winning mortgage marketplace Simplist used their firsthand insights from solving the consumer-facing part of the puzzle to uncover and tackle the biggest challenges facing the back-end used by industry pr

Mortgage 195

Mortgage Modernization Tools Technology 195

Housing Wire

SEPTEMBER 27, 2024

The Federal Housing Administration (FHA) announced on Friday that it has updated the Electronic Appraisal Delivery (EAD) module of its Catalyst software platform, following initial agency efforts to require appraisal submissions on the platform before it walked them back. “This past weekend, [FHA] completed the implementation of new functionality in the FHA Catalyst: [EAD] module that eliminates the U.S.

Appraisal 419

Appraisal Modernization Appraisal Process Development 419

Inman

SEPTEMBER 27, 2024

Ready to improve your knowledge and take on some new ideas? Marketing tech expert Stacie Kimberlain offers a list of essential books just right for the current market.

Real Estate 190

Real Estate Business Marketing Agents 190

BiggerPockets

SEPTEMBER 27, 2024

Tenant turnover is a huge issue. That's why it's just as important as anything else to get right. Here's how.

Tenants 94

Tenants Property Management Landlords 94

Inman

SEPTEMBER 27, 2024

Joseph Burks bought the nation’s 16th-largest MLS on Friday, buying shares from Denver Metro Association of Realtors and South Metro Denver Realtors Association.

Realtors 190

Realtors Buyers Brokerage Agents 190

BiggerPockets

SEPTEMBER 27, 2024

There's a lot of opposition to real estate investing, and it centers around three key objections. Do they have a point? Or is there a better way to address the issue?

Real Estate 90

Real Estate Investing 90

Inman

SEPTEMBER 27, 2024

You've narrowed down the field from the sweet 16. Now it's time to decide which vehicle reigns supreme in our agent auto showdown.

Agents 187

Agents Bracketing Marketing 187

BiggerPockets

SEPTEMBER 27, 2024

Commercial real estate has felt like a slow-motion car crash over the last two years, but as you continue (or start) investing passively, consider this framework for evaluating risk.

Investing 90

Investing Real Estate Marketing 90

Inman

SEPTEMBER 27, 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 186

Brokerage Agents 186

Mortgagebroker News

SEPTEMBER 27, 2024

Overall expectations remain muted

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Inman

SEPTEMBER 27, 2024

With inflation continuing to inch closer to the Fed's 2 percent goal in August, bond market investors are getting more confident that the central bank will continue to cut rates aggressively in November.

Investors 183

Investors Mortgage Marketing 183

BiggerPockets

SEPTEMBER 27, 2024

As short-term rental (STR) hosts, we balance a million things at once—guest communications, bookings, cleanings, and, occasionally, reminding guests that “no, your pet llama can’t stay.

Tools 85

Tools Business 85

Inman

SEPTEMBER 27, 2024

Don't discourage your sellers from talking to FHA, VA, USDA or DPA buyers, fair housing advocate Dr. Lee Davenport writes. Help facilitate both a timely sale and greater affordability.

Sellers 183

Sellers Buyers Agents Marketing 183

Mortgagebroker News

SEPTEMBER 27, 2024

Calgary, Edmonton, and Montreal saw noteworthy gains

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