Housing Wire

MAY 24, 2024

The U.S. Department of Housing and Urban Development (HUD) on Friday announced the availability of $26 million in funding to be distributed to state and local housing agencies to enforce fair housing practices and to combat discrimination. The money will be distributed via noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the nation under the Fair Housing Assistance Program (FHAP), which is described as “an intergovernmental partnership between the federal

Law 474

Law Government Development 474

Appraisal Buzz

MAY 24, 2024

Mortgage bankers continued to lose on originations in the first quarter, as the average pre-tax net loss per loan was $645, according to the Mortgage Bankers Association’s (MBA) Quarterly Mortgage Bankers Performance Report. That’s a decrease from the reported loss of $2,109 per loan in the fourth quarter of 2023. “While the first quarter of 2024 marks the eighth consecutive quarter of net production losses, these losses were less severe than the previous two quarters,” says Marina Walsh, vice p

Mortgage 396

Mortgage Business Appraisal 396

Housing Wire

MAY 24, 2024

Most Americans still view homeownership as a key to building wealth, but for many, that piece of the American dream is on hold or out of reach thanks to the heavy burden of student debt. In fact, according to a recent study, millennials currently struggle with so much debt that 25% worry they won’t qualify for a mortgage. Nearly 1 in 5 millennials (19%) think their credit card debt will be a stumbling block when applying for a mortgage, while 1 in 7 (14%) think the same about their student loan

Mortgage 468

Mortgage Insurance Contracts Design 468

Real Estate News

MAY 24, 2024

David Mele, the longtime leader of CoStar’s home search site, confirmed to Real Estate News that he has left his position as president of Homes.com.

Real Estate 325

Real Estate 325

Housing Wire

MAY 24, 2024

Dave Mele, president of Homes.com since 2014, has left CoStar Group to pursue “an opportunity outside of the real estate industry,” he confirmed to Real Estate News on Friday. During his tenure, Mele guided Homes.com through its acquisition by CoStar in 2021 and its emergence as a significant player in the home search market. “We are grateful to David Mele for his contributions to Homes.com over the past year,” Andy Florance, CoStar Group founder and CEO, said in a statement provided to HousingW

Real Estate 461

Real Estate Agents Realtors Investors 461

Real Estate News

MAY 24, 2024

CEO John Berkowitz says the home search company offers agents and consumers “a better chance of succeeding” than its deep-pocketed competitors.

Agents 279

Agents 279

Real Estate News

MAY 24, 2024

Pending NAR approval, the newly formed organization will be a Florida powerhouse and the sixth-largest Realtor association in the nation.

Realtors 276

Realtors 276

Housing Wire

MAY 24, 2024

U.S. Bank appointed John Hummel to lead its East market for retail home lending. Hummel, who previously led the correspondent and Housing Finance Agency (HFA) business at U.S. Bank, will now oversee a team of 750 sales managers and mortgage loan officers responsible for generating $7 billion in originations, according to a news release. John Hummel Prior to joining U.S.

Retail 455

Retail Lending Loan Officers Finance 455

Real Estate News

MAY 24, 2024

Watch the conversation with analyst John Campbell as he offers his take on top real estate companies. Who has momentum — and who’s come to a “screeching halt”?

Real Estate 264

Real Estate 264

Housing Wire

MAY 24, 2024

Connecticut Gov. Ned Lamont signed a bill into law on Tuesday that aims to improve the prospects for seniors who seek to age in place in their current homes. The law, which was supported by senior advocacy organization AARP , creates a state registry of home care providers to promote awareness and accessibility for home-based care. It also requires home health care and aide agencies, hospice agencies and homemaker-companion agencies to submit information about their employees to the registry, an

Law 448

Law Training Investing Finance 448

Inman

MAY 24, 2024

The red brick Georgian mansion, known by children all over the world as Kevin McCallister's home, is back on the market after 12 years and comes with a large Kevin Lego figure for the home theater.

Marketing 201

Marketing 201

Housing Wire

MAY 24, 2024

When Ginger Wilcox stepped into the role of brand president of Better Homes and Gardens Real Estate last June, many in the industry knew that the next 12 months would be challenging for the industry. But no one anticipated just how tumultuous things would get. HousingWire recently caught up with Wilcox to hear how her first year at BHGRE went and to get her take on the myriad of challenges currently facing the industry.

Agents 448

Agents Real Estate Training Tools 448

Inman

MAY 24, 2024

The luxury market is back. That was Compass co-founder and CEO Robert Reffkin's primary message during his latest appearance on CNBC's "Squawk on the Street," where he talked about home price trends, mortgage rates, and stock market ebbs and flows.

Marketing 200

Marketing Mortgage Brokerage 200

Housing Wire

MAY 24, 2024

Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. In his new role, Thompson will also be responsible for driving growth and expanding the company’s market presence while fostering relationships with real estate partners. ”Movement is the only lender that gives nearly 50% of its profits, manufactures

Mortgage 447

Mortgage Renovations Loan Officers Retail 447

Inman

MAY 24, 2024

Christine Quinn and a number of other stars are set to make an appearance on "Trixie Motel: Drag Me Home," a new HGTV series that premieres on Max on June 1.

Real Estate 194

Real Estate Design 194

Housing Wire

MAY 24, 2024

Just about a year ago, Chicago-based multichannel mortgage lender Guaranteed Rate announced its plans to expand its reverse mortgage division — including around the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) product. Roughly five months after that announcement, the company named Ryan Ogata as the division’s new executive vice president.

Loan Officers 443

Loan Officers Mortgage Business Marketing 443

Inman

MAY 24, 2024

Homeowners can't sell a primary residence through Xome's seller portal without a listing agent, but can hire an agent on their own or ask Xome to match them with one.

Agents 193

Agents Investors Sellers Tools 193

Eyes on Housing

MAY 24, 2024

The desirability of new homes continues to grow. Faced with the alternative of choosing between an existing home and a newly built home, 61% of home buyers in a recent NAHB study* indicated a new home is their first preference. That marks the highest share of buyers leaning toward a new home since 2007, when.

Buyers 148

Buyers 148

Inman

MAY 24, 2024

After 10 years, Homes.com President Dave Mele has left the company to pursue other opportunities. Mele was instrumental in CoStar Group's acquisition of the company in 2021 for $156 million.

Real Estate 190

Real Estate Technology 190

BiggerPockets

MAY 24, 2024

The sudden increase in interest rates has left many experienced commercial real estate owners gasping for air.

Landlords 92

Landlords Retail Investors Real Estate 92

Inman

MAY 24, 2024

Need to create a more pulled-together look for your brand while working with a limited budget? Rachael Hite shares tips to put tech to work for a cohesive design.

Design 188

Design Technology Agents Marketing 188

Mortgagebroker News

MAY 24, 2024

Experts say Canadian regulators need to take a tougher stance on banks involved in illicit activities

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91

Inman

MAY 24, 2024

The "List My Home for Rent" tool is available in 13 US markets and is tailored to property owners with fewer than 10 rentals. The listings will be syndicated to the Rent.com marketplace later this year.

Tools 188

Tools Marketing Investing Technology 188

Mortgagebroker News

MAY 24, 2024

Broker earned $56k commission while unregistered

Mortgage 81

Mortgage 81

Inman

MAY 24, 2024

Pinellas Realtor Organization / Central Pasco Realtor Organization approved their merger with Greater Tampa Realtors, forming a new group called Tampa Bay Realtors.

Realtors 188

Realtors Marketing 188

Mortgagebroker News

MAY 24, 2024

Registry would 'add protection' for homeowners, crack down on shady operators

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80

Inman

MAY 24, 2024

Proptech columnist Craig Rowe reviews virtual staging solution HomeKynd, an app that empowers users to integrate its tools with listing pages, among other benefits.

Tools 185

Tools Marketing Design Technology 185

Eyes on Housing

MAY 24, 2024

Mortgage rates have increased on a monthly basis, according to data from Freddie Mac. As of end of April 2024, the 30-year FRM – Commitment rate, increased by 17 basis points (bps) to 6.99 percent from 6.82 percent in March. This was a 35 bps increase from the beginning of the year (6.64 percent), and.

Mortgage 78

Mortgage 78

Inman

MAY 24, 2024

Peter Knag joins the company in the middle of a rough real estate market, and when iBuying specifically appears to have lost some of its buzz.

Real Estate 182

Real Estate Marketing Technology 182

Mashvisor

MAY 24, 2024

If you’re a real estate professional, one of the best ways to increase your industry value is to know how to find expired real estate listings.

Real Estate 76

Real Estate Investing Agents Marketing 76

Walitt Solutions

MAY 24, 2024

Along with many of you, I am a member of multiple online appraiser discussion groups. While I try to comment less and less frequently (it gets very mean-spirited, doesn’t it?), I find in those discussion groups a lot of the same types of questions my firm discovers when we provides assistance to appraisers, whether that is part of coaching or part of support around a state complaint filed against the appraiser.

Contracts 74

Contracts Appraisal Clients Market Value 74

Buys Brokers Only LLC

MAY 24, 2024

Single-family home sales in Methuen, Massachusetts, outpaced sales in Haverhill, Massachusetts, in April 2024, while the median price in both cities increased, according to data compiled by the Massachusetts Association of Realtors.

Real Estate 65

Real Estate Realtors Marketing 65

BiggerPockets

MAY 24, 2024

A very “good” problem many investors have is whether they should sell or rent their primary residence when it comes time to move out.

Investors 59

Investors 59

Eppraisal

MAY 24, 2024

Buying a home is among the most exciting milestones in most people's lives. However, first-time homebuyers and experienced nomads must proceed with caution. Some listings are not how they appear, bringing down home values and turning your dream into a money pit. Here are eight red flags to be mindful of when viewing houses. 1.   Foundation Problems All foundations undergo hairline cracks over time as they settle.

Real Estate Agent 36

Real Estate Agent Home Value Sellers Buyers 36