Housing Wire

APRIL 30, 2024

Over the years, Zillow has made it clear that it wants to help consumers with all aspects of their homebuying journey. Through the terms of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement Zillow is now getting into buyer representation agreements. Under the terms of NAR’s settlement agreement, agents will have to have a written agreement with a client in order to work with them as a buyer broker.

Buyers 521

Buyers Agents Clients Realtors 521

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 497

Inventory Realtors Buyers Marketing 497

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 317

Agents Buyers 317

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 488

Buyers Open Houses Sellers Agents 488

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 290

Agents Real Estate 290

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.

290

290

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 455

Lending Finance Government Realtors 455

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 275

Brokerage 275

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 448

Loan Officers Technology Modernization Project Management 448

Real Estate News

APRIL 30, 2024

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

Marketing 252

Marketing Agents 252

Housing Wire

APRIL 30, 2024

After striking two M&A deals late last year, digital multichannel lender Lower plans to acquire at least one other business in 2024. If it finds “a good company,” the lender is willing to pay a premium to the owners, according to Dan Snyder, the fintech’s founder and investor. “I’d like to do another one [deal], but if we can find a good company — it’s hard to find — and we will pay the owner a premium,” Snyder said in an interview last week during T

Retail 448

Retail Loan Officers Lending Mortgage 448

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

Mortgage rates inched higher last week ahead of the Federal Reserve ’s Federal Open Markets Committee on Wednesday and the national jobs report on Friday. HousingWire ’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans at 7.57% on Tuesday, slightly below the rate on Monday, which was the highest level seen this year.

Mortgage 448

Mortgage New Listings Inventory Sellers 448

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

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 447

Realty Real Estate Realtors Brokerage 447

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 190

Brokerage Real Estate Agents 190

Housing Wire

APRIL 30, 2024

The Northern Nevada Regional MLS (NNRMLS) is teaming up with Lone Wolf Technologies to launch the HomeSpotter app, the companies announced on Tuesday. The 4,000 members of NNRMLS now have access to their own branded mobile MLS home search app, HomeSpotter, powered by Lone Wolf. “We’re thrilled to add this powerful mobile app to our members’ toolkits.

Agents 446

Agents Real Estate Clients Technology 446

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 190

Buyers Clients Realtors Brokerage 190

Housing Wire

APRIL 30, 2024

Despite the struggles of its independent mortgage bank counterparties, Fannie Mae delivered $4.3 billion in net income during the first quarter of the year, up from $3.9 billion in the prior quarter, the government-sponsored enterprise (GSE) reported Tuesday. The GSE’s net worth grew from $77.4 billion at the end of 2023 to $82 billion as of March 31.

Finance 443

Finance Government Mortgage Business 443

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 187

Tools Sellers Agents Real Estate 187

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 442

Mortgage Real Estate Agent Sellers Construction 442

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 183

Mortgage Marketing 183

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 441

Mortgage 441

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 180

Realtors Brokerage Agents 180

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 150

Marketing Real Estate Agent Renovations Buyers 150

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 179

Landlords Tools Agents Property Management 179

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

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 177

Clients Buyers Agents Marketing 177

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 92

Real Estate 92

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 174

Marketing 174

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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88

Inman

APRIL 30, 2024

Each Tuesday, the Inman editorial team guides Select subscribers through the new environment of making money and thriving in a post-settlement world.

Brokerage 173

Brokerage Agents 173

Mortgagebroker News

APRIL 30, 2024

A busy spring is underway for mortgage professionals in the city

Housing Market 87

Housing Market Marketing Business Mortgage 87