Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. This comes even as the business practice changes outlined in the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement have been implemented across the country. Real conducted its survey between Aug. 30 and Sept. 15, recording the responses of roughly 300 agents across North America.

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Sellers Agents Buyers Brokerage 508

Appraisal Buzz

SEPTEMBER 25, 2024

The Federal Housing Finance Agency (FHFA) has announced that it will revisit its proposal to amend the Suspended Counterparty Program (SCP). The SCP regulation requires a regulated entity to report to FHFA if an individual or institution that it does business with has committed certain types of misconduct within the prior three years. It also authorizes FHFA to order its regulated entities to cease doing business or refrain from entering into new business with certain counterparties.

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Finance Business Real Property Development 433

Sacramento Appraisal Blog

SEPTEMBER 25, 2024

It’s a mess out there right now since the NAR lawsuit went into effect. Well, sort of. It feels messy that concessions information is no longer in MLS, there’s some confusion about how appraisers are handling some of this, and we have a new question to ask. Let’s talk about it. UPCOMING SPEAKING GIGS: 10/18/24 […] The post The hot mess of concessions in real estate first appeared on Sacramento Appraisal Blog.

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Real Estate Appraisal Appraisal Tips Real Estate Agent 384

Real Estate News

SEPTEMBER 27, 2024

The new law, which takes effect Jan. 1, allows agreements to be extended — but not automatically. It was created in response to the NAR settlement.

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Buyers Law Agents 273

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Construction

Housing Wire

SEPTEMBER 23, 2024

Seller repurchases of Freddie Mac mortgages rose by $430 million in the second quarter of 2024, a 29.1% increase from the first quarter, according to an analysis of public filings by Inside Mortgage Finance. By contrast, sellers of loans through fellow government-sponsored enterprise (GSE) Fannie Mae repurchased $268.5 million in noncompliant loans during the same period, a 27.7% decline from Q1 2024.

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Sellers Government Finance Mortgage 512

George Dell

SEPTEMBER 25, 2024

Appraisers are taught that there are three “approaches” to value. Follow the path, and you are safe. Standards, regulations, users, and peers all expect the “process” to be followed. Follow it, and you are safe. Appraisers are also harangued to be ethical and unbiased. Just be “impartial, independent, and objective.” No problem. Problem. Appraisers are […] The post Is Thinking Necessary?

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Appraisal Valuation 195

Real Estate News

SEPTEMBER 25, 2024

Florida, North Carolina and Texas dominate a new report sizing up the top 10 markets for real estate investment.

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Investors Real Estate Investing Marketing 265

Housing Wire

SEPTEMBER 22, 2024

Have we seen the bottom in mortgage rates for 2024 after a crazy roller coaster ride so far this year? My 2024 forecast had a mortgage rate range of 7.25%-5.75%. To get to the lower end of this range, we needed to see two things: the labor market getting softer and the mortgage spreads improving. This is the double-whammy impact, and that’s what has happened.

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Mortgage Inventory New Listings Contracts 497

Appraisal Buzz

SEPTEMBER 23, 2024

With the 2024 Five Star Conference officially kicking off Tuesday at the Omni Hotel in Dallas , attendees got a jump-start on the festivities Monday by taking advantage of an array of educational opportunities presented by the Five Star Institut e. The all-day Broker Master Class got things underway, providing information needed to thrive as a broker in today’s market.

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Legal Realty Project Management Real Estate 397

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Real Estate

Inman

SEPTEMBER 24, 2024

Most homebuyers will continue to use an agent and most homesellers will continue to cover buyer agent commissions, writes broker-owner Eric Bramlett of Austin-based Bramlett Residential.

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Agents Buyers Marketing 188

Real Estate News

SEPTEMBER 24, 2024

Agent count is growing, teams are expanding and its new compensation plan — Redfin Next — is going national faster than expected, according to a top exec.

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Agents 246

Housing Wire

SEPTEMBER 26, 2024

Elevated mortgage rates have strained housing affordability for more than two years. With rates now falling — and more downward movement expected after the Federal Reserve ‘s recent interest rate cut — two new reports suggest that affordability is getting better too. The third-quarter 2024 housing affordability report from Attom says that falling mortgage rates, rising wages and slower home-price growth has made the expenses of buying and owning a home slightly more affordable.

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Housing Market Mortgage Inventory Buyers 474

Appraisal Buzz

SEPTEMBER 25, 2024

BLOG VIEW: The Federal Open Market Committee (FOMC) on Sept. 18 announced its decision to cut the Fed Funds rate by half a percentage point. It was the first rate cut since the early days of the pandemic. In fact, the last time the FOMC cut rates by half a point was during the 2008 global financial crisis. Federal Reserve Chair Jerome Powell finally provided the housing industry much needed relief by slashing rates for the first time in more than four years.

Mortgage 393

Mortgage Loan Officers Technology Contracts 393

Inman

SEPTEMBER 23, 2024

California District Judge George H. Wu declined Move's preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of "imminent, irreparable harm.

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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 243

Housing Wire

SEPTEMBER 26, 2024

The question from the housing industry after the Federal Reserve ’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? A new report from Redfin suggests that it is already happening. The company analyzed mortgage rate-lock data from Optimal Blue and found that locks have risen 68% this week compared to one month earlier.

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Real Estate Agent Housing Market Agents Buyers 473

Appraisal Buzz

SEPTEMBER 23, 2024

This article is written by Brent Bowen – author, CE instructor, and Chief Appraiser at Texas Valuation Professionals, Inc. His training webinar on Market Indexing for Appraisers: How to Master Market Condition Adjustments is coming up next Thursday, October 3rd. Click here to register. At breakfast this morning I noticed two things: 1) peanut butter is delicious, and 2) it can be a sticky mess.

Sellers 395

Sellers Appraisal Marketing Buyers 395

Inman

SEPTEMBER 21, 2024

With this week's half-percent rate cut from the Federal Reserve, agents are hoping sellers will finally get off the fence and loosen up some inventory to get the market moving.

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Marketing Inventory Sellers Agents 188

Real Estate News

SEPTEMBER 21, 2024

Watch the conversation with Steve Brobeck — whose work has influenced commissions cases and DOJ investigations — as he shares concerns about industry practices.

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Housing Wire

SEPTEMBER 23, 2024

There’s a new brokerage on the block. The recently launched Realty of America (ROA) is a fully virtual brokerage co-founded by CEO Eddie Garcia, President Mark Dimas, chief culture officer Erinn Nobel and chief operating officer Peter Nobel. The firm is launching in 23 markets across the country and has more than 2,000 agents already signed on.

Brokerage 468

Brokerage Real Estate Realty Technology 468

Appraisal Buzz

SEPTEMBER 27, 2024

For some American families, a house in a tiny bucolic burgh might prove a less expensive option than putting down roots in a large city. But this widespread concept of idyllic and inexpensive “town and country” life is, in general, a myth, say experts, who published a new study to back that up. Researchers for LendingTree found home values in the country’s priciest micro politan areas (“towns” for the purposes of their report) rival those in the nation’s largest metros.

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Home Value Real Estate Buyers Construction 370

Inman

SEPTEMBER 27, 2024

Ready to improve your knowledge and take on some new ideas? Marketing tech expert Stacie Kimberlain offers a list of essential books just right for the current market.

Real Estate 185

Real Estate Business Marketing Agents 185

Real Estate News

SEPTEMBER 25, 2024

The Federal Trade Commission said the Dallas-based single-family home rental company “preyed on tenants through a variety of unfair and deceptive tactics.

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Tenants 235

Housing Wire

SEPTEMBER 24, 2024

Home prices have reached yet another all-time high, but the pace of growth is slowing. That’s according to the S&P CoreLogic Case-Shiller Index for July, which shows U.S. home prices rising 5% year over year. Growth in major U.S. cities was even higher, as the 10-city composite index was up 6.8% year over year and the 20-city composite index was up 5.9%.

Housing Market 458

Housing Market Realtors Marketing Mortgage 458

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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Human Resources Government Mortgage Investors 370

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.

Agents 184

Agents Brokerage Realtors Technology 184

Real Estate News

SEPTEMBER 23, 2024

A U.S. District Court judge has denied Move’s request for a preliminary injunction and questioned claims of “irreparable harm” to Realtor.com.

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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 446

Appraisal Buzz

SEPTEMBER 27, 2024

In the DEI Table Talks that took place at the 2024 Five Star Conference & Expo, leaders in the industry were given a chance to engage in meaningful dialogues with experts committed to promoting diversity, equity, and inclusion (DEI) in their companies and the mortgage sector. DEI organizational structures are designed to encourage the equitable treatment and full participation of all persons, particularly those who have traditionally been underrepresented or susceptible to discrimination bas

Design 369

Design Tools Business Finance 369

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.

Agents 184

Agents Real Estate Real Estate Agent Marketing 184

Real Estate News

SEPTEMBER 27, 2024

Zillow adds information about flooding, wildfire and other climate risks to its listings; MetroList teams up with StreetWire to offer Home Value Lock.

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Home Value 226

Housing Wire

SEPTEMBER 24, 2024

Invitation Homes , the largest owner of U.S. single-family rental homes , has agreed to pay $48 million to consumers and change some of its practices, according to a proposed settlement with the Federal Trade Commission (FTC) that was announced Tuesday. According to the FTC, Invitation Homes advertised monthly rent prices without including mandatory “junk fees.

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Advertising Landlords Tenants Inspection 448