This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
More households led by older Americans who are either in or near retirement are carrying higher levels of debt. This has major implications for the nation’s retirement readiness posture, according to an issue brief published last week by the Employee Benefit Research Institute (EBRI). “While improving in many respects in the most recent years, the overall trends in debt are troubling in terms of retirement preparedness, in that American families just reaching retirement or those newly retired ar
A coalition of six industry and consumer trade groups have united to issue a new brief with recommendations on how to help combat the rise in deed fraud. According to the Federal Trade Commission (FTC) , fraud losses in 2023 cost U.S. consumers more than $10 billion, of which, $2.7 billion is attributed to imposter scams. Groups contributing to the “ What Is Deed Fraud?
Refinance applications picked up as mortgage rates fell last week, but purchase loan activity had only a small gain, according to data released Wednesday by the Mortgage Bankers Association (MBA). The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. — found that the seasonally adjusted refinance index increased 16% for the week ending Aug. 2 compared to the previous week.
Tampa has emerged as the most desirable city in the United States, with Florida being the most sought-after state, according to a recent survey by Clever Real Estate. The St. Louis-based real estate company surveyed 1,000 Americans to determine the best and worst places to live in the country. Nearly a quarter of the respondents (23%) listed Tampa among their top five cities to live in.
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.
The Real Brokerage isn’t tapping the brakes on its rapid expansion. During its second-quarter 2024 earnings call on Wednesday, the company said it added almost 3,000 agents from April through June, a 70% year-over-year rise and a 250% increase compared to Q2 2022. The ballooning agent count pushed brokerage revenue to $340 million, an 84% year-over-year improvement.
Today on the Buzzcast, we welcome back Jeff Hogan, SRA, AI-RRS, Senior Vice President of Valuations and Chief Appraiser for Valligent. It’s been almost two years since Jeff last joined us, and a lot has changed since then. In this episode, we explore how advancements in technology are impacting the appraisal field. Jeff provides insights into how the role of appraisers might evolve, and discusses innovations on the horizon that could further blend human expertise with machine efficiency.
Today on the Buzzcast, we welcome back Jeff Hogan, SRA, AI-RRS, Senior Vice President of Valuations and Chief Appraiser for Valligent. It’s been almost two years since Jeff last joined us, and a lot has changed since then. In this episode, we explore how advancements in technology are impacting the appraisal field. Jeff provides insights into how the role of appraisers might evolve, and discusses innovations on the horizon that could further blend human expertise with machine efficiency.
Zillow ’s second-quarter 2024 earnings call with investors Wednesday evening marked a pivotal moment for the firm. It was the first since company co-founder Rich Barton announced he was stepping down as CEO. Less than an hour before the call, Zillow Group announced that it had promoted Jeremy Wacksman, the firm’s chief operations officer, to CEO. Barton will remain on Zillow’s board of directors and has been named as co-executive chair of the board alongside Zillow co-founder and current executi
Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. That’s the conclusion from a survey of 235 single-family landlords in late June and early July. The data was released this week by media and research company ResiClub in conjunction with Florida-based private lender LendingOne.
Revenue was up 13% in Q2, and the company — now with a new CEO — said it's in a strong position: “We have the most customers, we work with the best partners.
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.
A little over a month after the Batton 2 commission lawsuit defendants filed motions to dismiss the suit brought by homebuyers in Illinois, the plaintiffs have shot back. In responses filed on Monday, the plaintiffs argue that the court should not grant the defendants’ motions. The motions filed by Compass , eXp World Holdings , Redfin , Weichert Realtors and United Real Estate claim that the homebuyer plaintiffs are simply trying “to parrot the allegations they made in an amended complaint,
The general lack of affordability is still holding down consumer sentiment toward the housing market, as evidenced by the July decline of 1.1 points in the Fannie Mae Home Purchase Sentiment Index (HPSI) to 71.5. This month, just 17% of consumers said they thought it was a good time to buy a house, down from 19% in June, and 66% said they thought it was a good time to sell.
Industry-leading reverse mortgage lender Finance of America (FOA) recorded another loss in the second quarter of 2024, but it managed to move closer to profitability while also expanding its dollar volume of loans through other business metrics that show improvement. This is according to the company’s Q2 2024 financial results, as well as statements given to analysts, during a Q&A portion of its earnings call this week.
The company reported strong Q2 numbers, noting that its rev share model and tech will continue to give it an edge, while “traditional models may struggle.
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.
Zillow Group has promoted Jeremy Wacksman from chief operating officer to CEO, according to an announcement on Wednesday. The firm made the announcement less than an hour before its second-quarter 2024 earnings call with investors and analysts. In addition to being named as the firm’s CEO, Wacksman has also joined the company’s board of directors. Wacksman is replacing Zillow co-founder Rich Barton as CEO.
After five years back at the helm, Zillow Group co-founder Rich Barton steps down as CEO. Former COO Jeremy Wacksman takes the reins as the company charges past what Barton calls the "Portal 1.0" experience.
Watch the conversation with NAR’s top lobbyist as she discusses what advocacy really means for members and some of the big wins the association has achieved.
Mortgage application volume jumped 6.9% during the week ended August 2 as the average rate for a 30-year based on closings decreased to 6.55%, down from 6.82% the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. Applications for refinances increased 16% compared with the previous week and were up 59% compared with the same week one year ago.
It’s easier to get paid if your service provides a real value. Old expectations, or new client expectations? Are you an “old way” appraiser? — or a “new way” appraiser? To see yourself, it may be good to observe what real value our appraisal customers want. The Old Way: Appraisal meant the customer had to […] The post Get Paid?
The number of renter households in the United States increased by 1.9% year-over-year in the second quarter, reaching a record 45.2 million, according to a new report from Redfin. This growth rate is more than three times that of homeowner households, which grew by only 0.6% to a record 86.3 million. The data, sourced from a Redfin analysis of U.S.
Choose not to be offended. Have conflict resolution strategies in place. Stay calm, acknowledge the difference in opinions, and move on to other topics, Keller Williams’ Julia Lashay Israel writes.
Over the past few decades, houses in the United States have grown considerably in size. A newly constructed home’s median size in 1973 was 1,525 square feet. That median was 2,233 square feet by 2023. Even with this additional area, not everyone has an abundance of space. There are still issues with overcrowding in various areas of the nation. According to LendingTree’s most recent study of data from the American Community Survey conducted by the US Census Bureau, approximately 3 million houses
Fannie Mae survey shows would-be homebuyers grew even more frustrated with elevated home prices and mortgage rates in July, but 7 in 10 didn't think mortgage rates would come down.
Nearly one in five house hunters (17.3%) are willing to sacrifice their physical safety to find a home they can afford within the next year, according to a survey conducted for Redfin. Nearly one in four (23.7%) Gen Z respondents say they are willing to live somewhere less safe for the right price, compared to 18.1% of millennials and 17.5% of Gen Xers.
The seven startups that are part of REACH Commercial's latest class each promise to advance the way commercial brokerages service the industry, ranging from a green building resource solution to a pro-small business engine to help entrepreneurs own their real estate.
Consumer confidence in the housing market decreased slightly in July compared with June but was up 4.7 points compared with July 2023, as per Fannie Mae’s Home Purchase Sentiment Index (HPSI), a national monthly consumer survey. The percentage of survey respondents who say it is a good time to buy a home decreased from 19% to 17%, while the percentage who say it is a bad time to buy increased from 81% to 82%.
The big drop in mortgage rates did more to spur refinancing than homebuying, according to a weekly survey of lenders by the Mortgage Bankers Association, and now rates are rising again.
Jeremy Wacksman is the new CEO of Zillow Group. Wacksman had been serving as chief operating officer. He has also been appointed to the company’s board of directors. Wacksman succeeds co-founder Rich Barton, who remains on the board of directors and becomes co-executive chair alongside co-founder and current executive chairman, Lloyd Frink. Wacksman joined Zillow from Microsoft in 2009 and has earned multiple promotions since, including as a product leader, chief marketing officer and, for the p
Parent company of Howard Hanna Real Estate Services argues plaintiff agreed to a mediation clause and, as a buyer, doesn't have standing to sue under federal and state antitrust laws.
Mortgage lenders – including banks, savings associations, credit unions, and mortgage companies – made progress in terms of boosting the share of loans to Black, Hispanic and Asian borrowers in 2023, according to data collected in the Home Mortgage Disclosure Act (HMDA) database. In terms of borrower race and ethnicity, the share of closed-end home purchase loans for first lien, one- to four-family, site-built, owner-occupied properties made to Black or African American borrowers rose slightly f
The share of new single-family homes built in the 1,600-3,000 square-foot range closely matches the share of buyers who want homes of that size, according to recent surveys from NAHB and the U.S. Census Bureau. The surveys show that 21% of buyers want homes with 1,600 to 1,999 square feet, and 22% of new single-family.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
482 
Let's personalize your content