Housing Wire

OCTOBER 14, 2024

The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact.

Real Estate 485

Real Estate Tools Clients Buyers 485

Appraisal Buzz

OCTOBER 14, 2024

Zillow has found that Hispanic homeowners are making great strides in narrowing the home value gap with white homeowners over the past two years—regaining ground lost during the pandemic. The gap is now the narrowest ever observed. Hispanic-owned homes are currently worth 11.9% less than homes owned by non-Hispanic white households, down from 12.1% last year and a recent high of 12.4% in December 2021.

Home Value 394

Home Value Construction Buyers Mortgage 394

Real Estate News

OCTOBER 14, 2024

More than half of recent sellers say they negotiated with their agent to lower the commission, according to new survey data from Zillow.

Sellers 299

Sellers Agents 299

Appraisal Buzz

OCTOBER 14, 2024

The largest percentage for any August since 2019 is found in nearly half (48%) of all listings that have been active for at least 60 days. For the seventh consecutive month, the percentage of residences left unoccupied for at least 60 days increased annually—whereas it was 43.2% last month. For the fifth consecutive month, the percentage of homes listed for 60 days increased, according to recent Redfin data.

Marketing 370

Marketing HOA Buyers Contracts 370

Real Estate News

OCTOBER 14, 2024

Everyone involved in a transaction must steer clear of discriminatory practices, says NAR, warning sellers not to direct their agents to avoid certain buyers.

Sellers 289

Sellers Agents Buyers 289

Appraisal Buzz

OCTOBER 14, 2024

As of October, a new Credit Insurance Risk Transfer (CIRT) transaction has been completed, according to a new release from Fannie Mae. Mortgage credit risk worth $160.9 million was transferred to private insurers and reinsurers by CIRT 2024-H3. An estimated 19,000 single-family mortgage loans with an outstanding unpaid principle balance (UPB) of about $6.4 billion make up the covered loan pool for CIRT 2024-H3.

Insurance 396

Insurance Mortgage Business Appraisal 396

Appraisal Buzz

OCTOBER 14, 2024

As all lenders have “skin in the game” on every loan, rigorous quality control across the lending lifecycle is imperative. However, manual reviews of appraisals, property condition, renovation estimates, and more do not scale efficiently. Meanwhile, incomplete or inaccurate information can lead to faulty lending decisions that put lenders and their AMCs at risk.

Valuation 368

Valuation Renovations Technology Appraisal 368

Inman

OCTOBER 14, 2024

The firm has brought on four new high-earning teams in New York, New Jersey and South Carolina in recent weeks as it continues to expand along the East Coast.

Brokerage 183

Brokerage Agents 183

Appraisal Buzz

OCTOBER 14, 2024

This piece originally appeared in the October 2024 edition of MortgagePoint magazine, online now. On July 10, 2024, the Consumer Financial Protection Bureau (CFPB) introduced a proposed regulatory amendment aimed at intensifying the obligations of mortgage servicers to assist borrowers prior to initiating foreclosure proceedings. This proposal represents a substantial modification of existing regulations mandating that servicers exhaust all potential loss mitigation options before commencing f

Mortgage 390

Mortgage Inspection Real Estate Investors 390

Inman

OCTOBER 14, 2024

By integrating with Restb.ai’s proven AI, Lundy’s application should quickly enhance its overall accuracy in search returns, including being more specific about home characteristics specific to the needs of visually impaired buyers.

Buyers 183

Buyers Technology 183

Appraisal Buzz

OCTOBER 14, 2024

Have you tuned in? Industry experts break down the latest and most pressing topics in real estate on Market Moves with Mark and Jeff. HOUSTON, TX (Oct. 14, 2024) – Accurity Consolidated Chief Executive Officer (CEO) Mark Verrett and Chief Knowledge Officer (CKO) Jeff Morley have teamed up to launch a dynamic new podcast, Market Moves with Mark and Jeff.

Real Estate 361

Real Estate Valuation Appraisal Marketing 361

Inman

OCTOBER 14, 2024

Zillow President Susan Daimler spoke to Inman about supporting Clear Cooperation and what an industry without the rule could look like for real estate agents, consumers and portals.

Agents 183

Agents Real Estate Agent Real Estate Sellers 183

Appraisal Buzz

OCTOBER 14, 2024

Downtowns were hit pretty hard during the pandemic: the “Great Reshuffle,” remote and hybrid work, and rising cost of living all contributed to a loss of economic activity. But a new study by Square shows that local economies are starting to thrive, fueled by neighborhoods and suburbs outside the city center. Square analyzed food and beverage transactions in Q1 2020 versus Q1 2024 in New York, San Francisco, and Washington, D.C. to uncover where consumers have shifted their spending across these

Development 195

Development Construction Real Estate Business 195

Inman

OCTOBER 14, 2024

Preparing for the roller coaster ride of a real estate career? Rachael Hite offers new agents the advice she wishes she'd gotten when she was just starting out.

Agents 178

Agents Real Estate 178

Appraisal Buzz

OCTOBER 14, 2024

Matt Collins has joined Westcor Land Title Insurance Company as underwriting counsel, as part of the Southwest regional team. Collins’ diverse career includes over 35 years practicing law with extensive experience in real estate transactions, title disputes, recoupment, and creditor bankruptcy representation, Westcor says in a release. He has served as a dedicated legal professional in various roles, including underwriter/in-house counsel with a national title underwriter and associate attorney

Insurance 195

Insurance Law Real Estate Legal 195

Inman

OCTOBER 14, 2024

This new legislation, introduced by council members Tiffany Cabán and Shaun Abreu, aims to address the risks posed by older buildings that were not covered by Local Law 15 and prevent bird collisions, which account for the death of approximately 250,000 birds in NYC annually.

Law 178

Law Design Real Estate Marketing 178

Appraisal Buzz

OCTOBER 14, 2024

First American Title Insurance Company is expanding its AgentNet platform with new products and services, including AgentNet Marketing, featuring access to a full library of ready-to-go online and printed materials, and AgentNet Finance, offering technology-forward financial products developed specifically for title and escrow agents, including banking relationships and trust accounting services that protect business operations and help meet compliance requirements.

Tools 195

Tools Agents Training Design 195

Inman

OCTOBER 14, 2024

Unlock your potential in the latest Inman Access class, featuring insights from Zillow trendspotter Amanda Pendleton.

Sellers 174

Sellers Buyers Agents Technology 174

Appraiserblogs

OCTOBER 14, 2024

Fannie and Freddie have been toiling at the coalface of “synthetic appraisals” – “black box valuations.” In the 1960s, technocrats at the Pentagon used the latest IBM mainframe computers to analyze complex data related to the Vietnam War. Planners fed punch cards into the machines and ran endless simulations, hoping to determine strategies for winning the war.

Finance 119

Finance Valuation Appraisal 119

Inman

OCTOBER 14, 2024

Nestled in Hesperia, a city in California's San Bernardino County boasting around 100,000 residents, the development known as Silverwood isn’t merely adding 15,000 houses to the dry terrain — it aims to bring life and kindness to the desert,

Development 172

Development Marketing 172

BiggerPockets

OCTOBER 14, 2024

Knowing how to price your rental property has been an issue since the dawn of time (or whenever the first rental was).

Modernization 92

Modernization Investors Technology Property Management 92

Inman

OCTOBER 14, 2024

The repeal of Clear Cooperation, eXp Realty CEO Leo Pareja writes, could cause incalculable financial damage to the industry and erode the public’s trust in real estate professionals.

Legal 179

Legal Realty Real Estate Realtors 179

BiggerPockets

OCTOBER 14, 2024

Think of public housing, and a familiar picture comes to mind: hulking, run-down brick tenement buildings, graffiti-strewn malfunctioning elevators, crime, drugs, and all the social ills that go with it.

92

92

Mashvisor

OCTOBER 14, 2024

Investors have several great investment opportunities to choose from. All you need to know is where to find the best investment property for you.

Investing 78

Investing Real Estate Investors 78

BiggerPockets

OCTOBER 14, 2024

What’s the best way to build wealth in 2024? For many, it’s “value-add” real estate investing.

Real Estate 92

Real Estate Investing 92

GoForrmz

OCTOBER 14, 2024

The GoFormz team is going abroad this October for Field Service Europe 2024 Connect with our team in Amsterdam at Field Service Europe 2024 this October 28-30! We’ll be at booth #202 showcasing how GoFormz mobile forms can transform your manual processes and modernize your business. Stop by to say hello to the team, watch a demo, and enter for a chance to win a set of Apple AirPods!

Modernization 78

Modernization Business Design Tools 78

BiggerPockets

OCTOBER 14, 2024

Learn how building a successful real estate investing team is like assembling an NFL team, with the right mix of talent, clear goals, and strong communication.

Real Estate 90

Real Estate Investing 90

Lamacchia Realty

OCTOBER 14, 2024

FALL FUN IN THE BERKSHIRES It’s no secret that the leaves have begun to change! As the air turns crisp, the Berkshires come alive with a vibrant array of fall activities that celebrate the season’s beauty. This picturesque region of Western Massachusetts is not just about stunning foliage; it’s a playground for autumn enthusiasts seeking adventure, relaxation, and a taste of local charm.

Decorating 65

Decorating Realty Realtors Sellers 65

BiggerPockets

OCTOBER 14, 2024

I wrote an article explaining why I am investing in real estate investment trusts (REITs) instead of rental properties.

Investing 89

Investing Real Estate 89

Appraiserblogs

OCTOBER 14, 2024

Fannie and Freddie have been toiling at the coalface of “synthetic appraisals” – “black box valuations.” In the 1960s, technocrats at the Pentagon used the latest IBM mainframe computers to analyze complex data related to the Vietnam War. Planners fed punch cards into the machines and ran endless simulations, hoping to determine strategies for winning the war.

Finance 60

Finance Valuation Appraisal 60

BiggerPockets

OCTOBER 14, 2024

America is experiencing a strange housing supply problem.

Marketing 78

Marketing 78

Hank Miller Team

OCTOBER 14, 2024

HGTV home flips are not the real world, so why do so many "investor wanna bees" swallow that hook? In just 22 minutes, you see homes transformed from disasters to diamonds, complete with upbeat hosts exchanging forced banter and crews magically working under budget. Sure, it’s entertaining, but many gullible viewers buy into the fantasy of “getting rich by flipping homes,” only to have it end badly.

Investors 52

Investors Clients Sellers Agents 52

BiggerPockets

OCTOBER 14, 2024

Do you want to buy your first rental property but can’t find affordable real estate in your area? You’re not alone!

Real Estate 62

Real Estate 62

Appraisal Buzz

OCTOBER 14, 2024

Pending home sales increased 2% on an annual basis during the four weeks ended October 6, the biggest increase in three years, according to Redfin. However, the firm notes that the impact of Hurricane Helene and Hurricane Milton will likely put a dent in home sales in the months to come. In addition, mortgage rates have gone back on the rise, which will also slow home sales.

Buyers 195

Buyers New Listings Mortgage Agents 195