Housing Wire

SEPTEMBER 26, 2024

Homebuyers will soon have access to climate risk data on Zillow , according to an announcement on Thursday. Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood , wildfire , wind, heat and air quality through risk scores, interactive maps and insights into insurance requirements. “Climate risks are now a critical factor in home-buying decisions,” Zillow chief economist Skylar Olsen said in a statement. “Healthy markets are ones where

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Insurance New Listings Buyers Tools 450

Appraisal Buzz

SEPTEMBER 26, 2024

The 21 st Five Star Conference marked its final day on Thursday with the tradition of the Women in Housing Leadership Awards, an annual presentation recognizing the remarkable accomplishments of women executives working within the mortgage and housing industries. Following brief welcome remarks from Ali Haralson, President of Auction.com (which was Lead Sponsor of the luncheon), the ceremony was emceed by Jodi Gaines, CEO of Claims Recovery Financial Services.

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Housing Wire

SEPTEMBER 26, 2024

Multiple listing services (MLSs) have a wealth of data, and one technology company thinks it has found an innovative way to use it. Real estate data company StreetWire has partnered with Northern California MLS MetroList to produce an insurance product called Home Value Lock. It’s designed to protect homeowners from declining home values. The coverage is good for three years after the closing date on a home purchase, and the insurance covers up to 10% of the original purchase price.

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Home Value Insurance Real Estate Design 415

Appraisal Buzz

SEPTEMBER 26, 2024

loanDepot National Director of Military Growth and Strategy Bryan Bergjans loanDepot Inc. has bolstered its strength in the Veterans Administration (VA) lending department with the appointment of U.S. Navy Veteran and VA lending expert Bryan Bergjans as National Director of Military Growth and Strategy. Bergjans, a highly respected national advocate for the military community, has nearly two decades of military experience and a passion to serve the active-duty military and veteran community.

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Lending Design Realtors Real Estate 243

Housing Wire

SEPTEMBER 26, 2024

The Compass team in Austin is welcoming back one of its own. Luxury agent Mike Mogavero is returning to the brokerage after a stint with The Agency. Mogavero is also bringing Christen Lowe, his partner in the MOLO Group , with him. The pair topped $38.8 million in sales volume in 2023, with Mogavero accounting for $33.2 million of the total, according to RealTrends Verified.

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Appraisal Buzz

SEPTEMBER 26, 2024

One of the highlights Wednesday afternoon of the Five Star Conference at the Omni Hotel in Dallas was the Mortgage Servicing Forum , an event that brought together top mortgage servicing executives and government representatives to discuss the challenges facing the industry, while determining the best paths forward. From loss mitigation to navigating compliance concerns and the potential industry impact in an uncertain election year, this year’s Mortgage Servicing Forum was presented by Forum Pa

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Appraisal Buzz

SEPTEMBER 26, 2024

Pending home sales inched up 0.6% in August compared with July but were down 3% compared with August 2023, according to the National Association of Realtors (NAR). “A slight upward turn reflects a modest improvement in housing affordability, primarily because mortgage rates descended to 6.5 percent in August,” says Lawrence Yun, chief economist for NAR, in a statement.

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Housing Wire

SEPTEMBER 26, 2024

In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by real estate technology firm Clever Real Estate. Clever surveyed 516 real estate agents in late August and early September, after the changes were implemented on Aug. 17.

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Real Estate Agent Real Estate Agents Buyers 402

Appraisal Buzz

SEPTEMBER 26, 2024

Mortgage rates decreased to the lowest levels in two years this week, as the average rate for a 30-year, fixed-rate mortgage fell to 6.08%, down from 6.09% last week, according to Freddie Mac’s Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 7.31%. “Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years,” says Sam Khater, chief economist for Freddie Mac, in a statement.

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Mortgage Appraisal Marketing 195

Housing Wire

SEPTEMBER 26, 2024

After hitting the second-lowest level on record in July , pending home sales rose slightly in August, according to data released Thursday by the National Association of Realtors (NAR). The Pending Home Sales Index rose 0.6% month over month in August to a reading of 70.6. A reading of 100 is equal to the level of contract activity in 2001. Despite the monthly increase, last month’s reading was still down 3% year over year.

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Contracts Realtors Housing Market Mortgage 388

Appraisal Buzz

SEPTEMBER 26, 2024

According to the National Association of Realtors (NAR) , pending home sales in August 2024 rose 0.6%, with the Midwest, South, and West posting monthly gains in transactions, and the Northeast recording a loss. Year-over-year, the West registered growth, but the Northeast, Midwest, and South declined. NAR’s Pending Home Sales Index (PHSI) is a forward-looking indicator of home sales based on contract signings, ad increased to 70.6 in August.

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Real Estate News

SEPTEMBER 26, 2024

While touring is up, mortgage purchase applications and pending sales are subdued. Inventory shows some promise but “extra stale” listings have increased.

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Buyers Inventory Mortgage 218

Appraisal Buzz

SEPTEMBER 26, 2024

The U.S. mortgage delinquency rate fell to 3.34% in August, dropping 0.9% compared with July but up 5.1% compared with August 2023, according to ICE Mortgage Technology’s First Look report. As of the end of the month, there were about 1.8 million properties 30 days or more past due but not in foreclosure – down about 11,000 compared with the previous month but up about 117,000 compared with a year ago.

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Real Estate News

SEPTEMBER 26, 2024

The Rocky Mountain State revokes troubled brokerage’s license over 40-year right-to-list agreements as Minnesota joins 10 other states in filing suit.

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Realty 180

Inman

SEPTEMBER 26, 2024

An environment where the fed funds rate is being cut instead of raised has historically been better for the real estate industry. Now is the time for agents to become the resource for information and professionalism.

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Agents Real Estate Real Estate Agent Marketing 176

Real Estate News

SEPTEMBER 26, 2024

The new guide from the National Association of Realtors also explains how concessions (which can be used to pay an agent) differ from offers of compensation.

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Sellers Realtors Agents 173

Inman

SEPTEMBER 26, 2024

Whether you characterize them as "reasons" or "explanations," excuses undermine your credibility and weaken your intentions, trainer Bernice Ross writes. Find out how to stop making excuses so you can maximize your professional performance.

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Real Estate Development Agents 172

Empire Appraisal Group

SEPTEMBER 26, 2024

Source: [link] The 15 markets with the highest correction risk, according to Parcl Labs : Crestview-Fort Walton Beach-Destin, FL Daphne-Fairhope-Foley, AL Deltona-Daytona Beach-Ormond Beach, FL Gainesville, FL Homosassa Springs, FL Lakeland-Winter Haven, FL Miami-Fort Lauderdale-Pompano Beach, FL Myrtle Beach-Conway-North Myrtle Beach, SC Naples-Marco Island, FL Ocala, FL Orlando-Kissimmee-Sanford, FL Palm Bay-Melbourne-Titusville, FL Port St.

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Housing Market Marketing Insurance Inventory 78

Inman

SEPTEMBER 26, 2024

Learn more about this Indiana broker-owner, and find out about the "disastrous" experience that pushed her to get her real estate license and become a true residential expert.

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Real Estate Brokerage 167

BiggerPockets

SEPTEMBER 26, 2024

The Fed’s recent rate cut signaled something clear about the US economy, but what are they trying to say?

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Marketing 78

Inman

SEPTEMBER 26, 2024

When you're on the go, and using public Wi-Fi, you can open yourself up to security breaches. Security expert Robert Siciliano offers best practices for protecting yourself and your information.

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Clients Real Estate Agents 153

Mortgagebroker News

SEPTEMBER 26, 2024

Acute housing crisis remains despite new mortgage rule changes

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Mortgage 74

Inman

SEPTEMBER 26, 2024

Rayse, which the company has positioned as a way of "pushing back against the settlements," is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins.

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Agents Brokerage Realtors Technology 106

Mortgagebroker News

SEPTEMBER 26, 2024

Homebuilders push officials to lower development charges and speed up permits

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Government Development 67

Inman

SEPTEMBER 26, 2024

Business has largely continued as usual with 63 percent of agents reporting that sellers are "frequently" covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents.

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Buyers Brokerage Agents Sellers 101

Lamacchia Realty

SEPTEMBER 26, 2024

Lindsay Favazza and Anthony Castellano quoted in recent Boston Globe Article A recent Boston Globe article highlights Lindsay Favazza , VP of Marketing, and Anthony Castellano , Lamacchia REALTOR®, on the increasing importance of social media in real estate. Lindsay emphasizes that while social media helps agents build a community of trust, it takes time and consistency to generate sales.

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Realty Realtors Real Estate Agents 41

Inman

SEPTEMBER 26, 2024

"NAR is about to get a wake up call," the Moreland Properties agent told Inman in an interview that touched on Austin's growing pains and NAR's future ahead of his talk at Connect Austin in October.

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Realtors Agents Brokerage 91

Mortgagebroker News

SEPTEMBER 26, 2024

Federal government offers more details on its latest mortgage reform plan

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Mortgage Government 64

Inman

SEPTEMBER 26, 2024

Consumer goods magnate Anand Khubani has bought three parcels on La Gorce Island from the trust of the late Dr. M. Lee Pearce, marking the priciest deal in Miami-Dade County so far this year.

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Mortgagebroker News

SEPTEMBER 26, 2024

New supervision plan focuses on protecting consumers in private mortgage market

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Mortgage Marketing 51

Inman

SEPTEMBER 26, 2024

Pending home sales edged up 0.6 percent in August, as declining mortgage rates made home purchases more affordable, according to data released Thursday by the National Association of Realtors.

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Mortgage Realtors Marketing 85

Mortgagebroker News

SEPTEMBER 26, 2024

Flippers continue to dominate the housing market, with resales just shy of new highs

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Real Estate Investors Marketing Housing Market 47

Inman

SEPTEMBER 26, 2024

Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding and marketing strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.

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Real Estate Technology Business Marketing 78

Mortgagebroker News

SEPTEMBER 26, 2024

Find out which leading mortgage lenders are the best in Canada

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Mortgage 47