Housing Wire

APRIL 30, 2024

As the July deadline for the implementation of the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement approaches, the trade organization is looking to iron out some details about buyer broker agreements. Under the terms of the settlement agreement , agents will have to have a written agreement with a client in order to work with them as a buyer’s agent.

Buyers 449

Buyers Open Houses Sellers Agents 449

Real Estate News

APRIL 30, 2024

The NAR settlement does not address home search portals, but Zillow wants to make it easier for buyers to try out an agent in a way that aligns with new rules.

Agents 310

Agents Buyers 310

Housing Wire

APRIL 30, 2024

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024. Click here to nominate someone. In the midst of a higher-for-longer mortgage rate environment that is reshaping the landscape of the mortgage industry, the role of a chief marketing officer (CMO) becomes increasingly pivotal as mortgage compa

Loan Officers 412

Loan Officers Technology Modernization Project Management 412

Appraisal Buzz

APRIL 30, 2024

The post Too Much Time appeared first on Appraisal Buzz.

Appraisal 397

Appraisal 397

Housing Wire

APRIL 30, 2024

Home prices were near an all-time high in February. The S&P CoreLogic Case-Shiller U.S. National Home Price Index posted a 6.4% annual gain in February, up from a 6% gain in January, according to the newest report released Tuesday. It was the largest annualized increase recorded since November 2022. On an annual basis, the 10-city composite index grew by 8%, up from 7.4% the previous month.

Inventory 397

Inventory Realtors Buyers Marketing 397

Real Estate News

APRIL 30, 2024

Mark Willis returned to Keller Williams after a 7-year hiatus, and he’s ready to lead in a new way. “It’s not about proving myself. It’s about impact.

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Real Estate News

APRIL 30, 2024

Ben Caballero isn’t slowing down. After landing in the Guinness book three times in his 62-year real estate career, he has achieved a new record.

Agents 281

Agents Real Estate 281

Housing Wire

APRIL 30, 2024

New York-based asset manager Rithm Capital delivered a profit in the first quarter of 2024, with a positive performance from multichannel lender Newrez in the servicing and origination segments. Top executives at Rithm said they continue to evaluate taking the mortgage business public. On Tuesday, Rithm announced a $261.6 million in GAAP net income from January to March, compared to $87.5 million loss in the prior quarter, per Securities and Exchange Commission (SEC) filings.

Mortgage 352

Mortgage Retail Business Investing 352

Appraisal Buzz

APRIL 30, 2024

U.S. home prices continued their upward march in February, rising 0.4% compared with January and up 6.4% compared with February 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The index’s 20-city and the 10-city composites both reported month-over-month increases of 0.6%. Year-over-year, the 10-city composite showed an increase of 8.0%, while the 20-city composite posted an increase of 7.3%.

Buyers 195

Buyers Mortgage Appraisal 195

Housing Wire

APRIL 30, 2024

A day after announcing major changes to its executive team, eXp Realty is once again shaking up its leadership. On Tuesday, the nation’s largest brokerage by transaction side count announced that it had named Kendall Bonner as its new vice president of industry relations. According to a company news release, Bonner “will focus on guiding eXp Realty agents through the significant shifts currently shaping the real estate industry, particularly in light of the recent National Association of Realtor

Realty 328

Realty Real Estate Realtors Brokerage 328

Appraisal Buzz

APRIL 30, 2024

Mortgage lenders lost an average of $1,056 on each loan they originated in 2023, compared to an average loss of $301 per loan in 2022, according to the Mortgage Bankers Association’s (MBA) Annual Performance Report. Average annual production volume was $1.9 billion (6,021 loans) per company, down from $2.6 billion (8,371 loans) per company in 2022. On a repeater company basis, average production volume was $2 billion (6,436 loans), down from $2.7 billion (8,605 loans) from 2022.

Mortgage 195

Mortgage Valuation Inventory Appraisal 195

Housing Wire

APRIL 30, 2024

The Federal Housing Finance Agency (FHFA) this week released its fair lending final rule, following up on a proposal made last year in alignment with plans first laid out in 2022 by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The rule “addresses barriers to sustainable housing opportunities for underserved communities by codifying existing FHFA practices in regulation and adding new requirements related to fair lending, fair housing, unfair or deceptive acts or practi

Lending 325

Lending Finance Government Realtors 325

Real Estate News

APRIL 30, 2024

Firms that settled in the Gibson/Umpa case in March and April will have until later this year to finalize the agreements, but more than 20 defendants remain.

Brokerage 202

Brokerage 202

Housing Wire

APRIL 30, 2024

After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program late last year, the reverse mortgage industry expressed a lot of excitement. In the newly proposed rules handed down in October, the H4P program would, in certain circumstances, allow for inclusion of an interested party contribution of up to 6% of a home’s sale price.

Mortgage 308

Mortgage Real Estate Agent Sellers Construction 308

Appraisal Buzz

APRIL 30, 2024

In today’s mortgage landscape, mortgage loan originators (MLOs) must find their way to success through an increasingly complex and difficult market. With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

APRIL 30, 2024

Approximately 15 million Americans continue to grapple with medical debt on their credit reports, despite reforms implemented by Equifax , Experian and TransUnion in March 2022, the Consumer Financial Protection Bureau (CFPB) revealed in a study published Monday. As of June 2023, about 5% of Americans had unpaid medical bills on their credit reports, down from 14% in March 2022.

Mortgage 307

Mortgage 307

Inman

APRIL 30, 2024

Keller Williams president and CEO Mark Willis sat with Real Estate News to talk about his return to the Texas franchiser and how commission lawsuits could spark a new wave of brokerage and agent consolidation.

Brokerage 171

Brokerage Real Estate Agents 171

Real Estate News

APRIL 30, 2024

eXp elevates seven executives to support growth and agent success; Coldwell Banker brings on luxury marketing pro.

Marketing 172

Marketing Agents 172

Inman

APRIL 30, 2024

Expressing your value to clients begins with knowing yourself, writes mega-team leader Carl Medford. You cannot articulate what you have never taken the time to determine on your own.

Buyers 170

Buyers Clients Realtors Brokerage 170

GoForrmz

APRIL 30, 2024

Originally published on 05/02/2017 An introductory breakdown of Database fields and DataSources Did you know that leveraging powerful features like Database fields and DataSources on your digital forms can take your data management to the next level? The features paired together can not only streamline form completion processing times but also eliminate opportunities for human error.

Design 148

Design 148

Inman

APRIL 30, 2024

San Diego, Los Angeles, Washington DC and New York posted annual price increases for the third-straight month, with each of the cities S&P CoreLogic Case-Shiller tracks hitting record highs.

Mortgage 167

Mortgage Marketing 167

Eyes on Housing

APRIL 30, 2024

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate declined to 65.6% in the first quarter of 2024. This is 0.1 percentage points lower from the prior quarter reading (65.7%) and is the lowest rate in the last two years. The homeownership rate remains below the 25-year average rate of 66.4%, a.

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Inman

APRIL 30, 2024

Seller predictive analytics company Realeflow has announced its latest product, Leadflow AI Agent, a lead-generation solution to help residential agents be the first to know when someone wants to list a home.

Tools 164

Tools Sellers Agents Real Estate 164

BiggerPockets

APRIL 30, 2024

Why are rock stars turning to real estate side hustles to pay their bills? During the lockdowns, many musicians, gig workers, and creatives saw their income streams dwindle.

Real Estate 82

Real Estate 82

Inman

APRIL 30, 2024

Eighteen of the 50 largest U.S. metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly.

Marketing 155

Marketing 155

Eppraisal

APRIL 30, 2024

As you embark on the journey of purchasing your first home, the decision-making process can feel overwhelming. From location to budget and everything in between, there are numerous factors to weigh. Understanding the pivotal elements that influence your choice can simplify this process significantly. Here, we delve into the five key factors crucial in determining which house to buy as you venture into homeownership.

Transportation 69

Transportation Property Taxes Development Investing 69

Inman

APRIL 30, 2024

The artificial intelligence-fueled tool allows leasing agents and landlords to generate new leads more efficiently, providing speed without the need for additional personnel, among other benefits.

Landlords 153

Landlords Tools Agents Property Management 153

Will Springer Realtor

APRIL 30, 2024

Preparing a home for sale can be arduous and comes with a price. There’s the fresh coat of paint, new kitchen appliances and maybe a roof – common improvements homeowners often consider before selling. There is another enhancement that many sellers may not consider: the addition of smart-home technology. The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030.

Technology 62

Technology Sellers Construction Buyers 62

Inman

APRIL 30, 2024

A year after moving from RE/MAX to eXp Realty, Kendall Bonner has been chosen to lead the brokerage's industry relations efforts. Bonner is also the leader of The Kendall Bonner Team in Tampa.

Realty 146

Realty Brokerage 146

Mortgagebroker News

APRIL 30, 2024

Guidance aims to strengthen principal broker role and consumer protection

Mortgage 82

Mortgage 82

Inman

APRIL 30, 2024

After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows.

Realtors 144

Realtors Brokerage Agents 144

Mortgagebroker News

APRIL 30, 2024

A busy spring is underway for mortgage professionals in the city

Housing Market 86

Housing Market Marketing Business Mortgage 86

Inman

APRIL 30, 2024

If you're having trouble conveying your value to clients, it may be because you don't believe in it yourself. Coach Darryl Davis provides the pep talk you need to take center stage as a client coach and advocate.

Clients 144

Clients Buyers Agents Marketing 144

Mortgagebroker News

APRIL 30, 2024

CEO steps down after overseeing restructuring and profitability gains

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