Housing Wire
FEBRUARY 20, 2024
Are last year’s surprising home price gains evaporating? As interest rates climb again, some of the price signals are softening. Inventory is climbing vs. last year, and home prices have stayed flat for three weeks now. The price reductions data has turned less bullish for future sales also. Mortgage rates are back over 7%. We can see the impact on homebuyer demand across several of our stats.
Sacramento Appraisal Blog
FEBRUARY 20, 2024
Today my blog turns 15 years old. And blog years are sort of like dog years, so my blog is basically super old and wearing Depends now. Anyway, today I want to share some things I’ve learned along the way about content and life. And I know it sounds cheesy, but the best thing to […] The post Things I’ve learned after 15 years of blogging first appeared on Sacramento Appraisal Blog.
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Housing Wire
FEBRUARY 20, 2024
More Americans are reaching the milestone age of 65 , and these people are redefining what 65 looks like in comparison to prior generations — with a raft of implications for American society. This is according to a recent story published by the The Wall Street Journal. “Today’s 65-year-olds are redefining a milestone long associated with retirement parties and the end of productive years,” the article stated.
Real Estate News
FEBRUARY 20, 2024
As extra dwelling units become more mainstream, agents can market them as both a revenue source and a lifestyle.
Housing Wire
FEBRUARY 20, 2024
The dream of homeownership is becoming more attainable for many Americans, with 10.5 million homeowners added between 2012 and 2022. Some racial minorities also witnessed a surge in their homeownership rates. According to a new report from the National Association of Realtors (NAR) titled “A Snapshot of Race and Home Buying in America,” Asian and Hispanic Americans achieved historic heights in homeownership rates in 2022 of 63.3% and 51.1%, respectively.
Real Estate News
FEBRUARY 20, 2024
The Batton 1 lawsuit was brought by buyers, not sellers, and will move forward against NAR, Anywhere, RE/MAX and Keller Williams with fewer claims.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Real Estate News
FEBRUARY 20, 2024
CEO Greg Schwartz says Tomo will stand out by offering “negotiation insights,” which includes personal information about home sellers.
Housing Wire
FEBRUARY 20, 2024
Fairway Independent Mortgage Corporation announced on Tuesday a series of reverse mortgage maneuvers designed to increase the company’s investment in the space. The first initiative is the decision to rejoin the National Reverse Mortgage Lenders Association (NRMLA), which the company left at the end of 2021 under previous reverse division leadership.
Real Estate News
FEBRUARY 20, 2024
CEO Andy Florance said Homes.com sold $4.5 million worth of new subscriptions to residential real estate agents in the first week after the Super Bowl.
Housing Wire
FEBRUARY 20, 2024
Illinois-based Baird & Warner , an independent real estate brokerage, partnered with proptech firm RealReports , the companies announced Tuesday. The news comes on the heels of the Keyes Company ’s partnership with RealReports in October 2023. The collaboration is designed to allow all of Baird & Warner’s 2,000-plus agents to benefit from RealReports’s wide-ranging property data.
Real Estate News
FEBRUARY 20, 2024
United boosted agent count in 2023, but not with rev share or stock incentives. CEO Dan Duffy shared his thoughts on why the flat-fee model is a win for agents.
Housing Wire
FEBRUARY 20, 2024
Infamous ransomware gang AlphV/BlackCat claimed it was behind the January cyberattack at top 15 U.S. mortgage lender loanDepot. loanDepot, which originated about $17 billion in mortgages in the first three quarters of 2023, had reported that a cyberattack brought down the company’s systems earlier this year. The ransomware gang claimed it offered loanDepot $6 million for the data and decryptor, but the lender tried to buy time by offering a bigger ransomware payment to AlphV/BlackCat.
The Appraiser Coach
FEBRUARY 20, 2024
I’ve talked a lot about what I term the “principles of success.” I truly believe in them, and I think they are all important to achieving success. A lot of people ask me though what the one key to success is. In reality, there isn’t just one. There are many little things that need to be done in order to get where you want to be. However, there is one very important key to success that I’d like to talk about today: action.
Housing Wire
FEBRUARY 20, 2024
C oStar Group ’s annual revenue increased by 12% during the fourth quarter of 2023, marking its 51st straight quarter of double-digit revenue growth. The company reported revenue of $640 million and net income of $96 million for the quarter. Meanwhile, the company reported revenue of $2.46 billion for the year ending Dec. 31, 2023, up 13% from $2.18 billion for the full year 2022.
Inman
FEBRUARY 20, 2024
The Real Brokerage added 30 more agents to its rapidly growing organization with the addition of Mission Brokerage in Richmond, Virginia.
Housing Wire
FEBRUARY 20, 2024
Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. The impact of the pandemic and an unprecedented refinance boom followed in short order by the highest interest rates seen in decades cannot be overstated. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.
Inman
FEBRUARY 20, 2024
Former Zillow executives Greg Schwartz and Carey Armstrong have launched an artificial intelligence-powered home search portal under their company, Tomo. The portal is available to homebuyers in 21 states.
Housing Wire
FEBRUARY 20, 2024
Reston, Virginia-based Ardley Technologies announced on Tuesday the launching of its white-label automated underwriting engine called Autopilot, which the company states will enable lenders to create instant, conditional loan approvals for qualified borrowers. “The main thing about Autopilot is the speed with which we can offer a decision to a borrower,” Nate Den Herder, founder and CEO of Ardley, said in an interview. “Most technologies are not architected to do a million l
Inman
FEBRUARY 20, 2024
Realtor.com CEO Damian Eales addresses the rivalry with Homes.com and shares why competition is good for agents and consumers.
Housing Wire
FEBRUARY 20, 2024
In today’s rapidly changing technology landscape, businesses in the title insurance , mortgage and real estate industries must prioritize cybersecurity response planning and business continuity. The second in our “ Reducing Risk ” series, this month’s article provides practical strategies for safeguarding your enterprise to ensure its resilience against cyber threats.
Inman
FEBRUARY 20, 2024
Ahead of his first Fuel conference as president, Alex Vidal shares what makes ERA special, the inspiration behind his coaching sessions and how the brand plans to be "louder" in 2024.
Eyes on Housing
FEBRUARY 20, 2024
During the fourth quarter of 2023, credit for residential Land Acquisition, Development & Construction (AD&C) remained tight, according to both NAHB’s survey on AD&C Financing and the Federal Reserve’s. However, the tightening was not as widespread as it was in recent quarters. The net easing indices derived from both surveys were negative once again in the fourth quarter, indicating.
Inman
FEBRUARY 20, 2024
Angela Boykin is suing over a home sale from 2022. Her case is the second such recent lawsuit out of Nevada, and adds to the growing number of cases that have followed the Sitzer | Burnett verdict.
Eyes on Housing
FEBRUARY 20, 2024
NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates a slowing market for custom home building after a recent gain in market share. There were 44,000 total custom building starts during the fourth quarter of 2023. This marks a more than 2% decline compared to the fourth quarter of 2022, consistent with weakness experienced.
Inman
FEBRUARY 20, 2024
There are ways to simplify the tax preparation process and stay organized throughout the year, RentRedi CEO Ryan Barone writes, so that when tax time rolls around, it’s smooth.
BiggerPockets
FEBRUARY 20, 2024
Now that the new year buzz has settled and the reality of persistently high mortgage rates has set in, how should investors react?
Inman
FEBRUARY 20, 2024
More lenders can access Truv's income and employment verification services following recent integrations with Dark Matter Technologies, Freddie Mac and nCino.
Birmingham Appraisal
FEBRUARY 20, 2024
Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party. You might ask yourself how they can collaborate given two different goals, however, I believe it can be done.
Inman
FEBRUARY 20, 2024
CEO Andy Florance touted his company's residential portal Homes.com as the "fastest growing residential property site in the United States" in a new earnings report released Tuesday.
Mortgagebroker News
FEBRUARY 20, 2024
Many believe that the short-term pain will be worth the long-term gain
Inman
FEBRUARY 20, 2024
Building costs will rise between 3 percent and 6 percent throughout 2024, depending on the market, according to data released Tuesday by cost management firm Currie and Brown.
Mortgagebroker News
FEBRUARY 20, 2024
New report shines light on effect of surging cost of living
Inman
FEBRUARY 20, 2024
Integration of Jungo's CRM solution with Homebot lets mortgage loan officers share real-time data and insights into market trends, interest rates and property values with prospective clients.
GoForrmz
FEBRUARY 20, 2024
Your data is secure with GoFormz In an era where data is often referred to as the new gold, businesses are becoming increasingly concerned about the safety and security of their sensitive information. Whether it's collecting crucial patient details through a medical intake form or safeguarding specific scopes of work from personnel without clearance, GoFormz provides multiple avenues to uphold data privacy.
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