Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I have also worked with hundreds of real estate agents, some of whom have a good understanding of the appraisal process and some who don’t. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 84

Real Estate Agent Real Estate Agents Reconsideration of Value 84

Housing Wire

JUNE 13, 2023

Inflation was running over 9% last year and the headline inflation growth rate has cooled off a lot recently. Does this mean the Federal Reserve will pivot soon to prevent a recession? I don’t believe they will, but the growth rate of headline inflation falling is good enough for them to pause rate hikes tomorrow. The core aspect of inflation is taking time to head lower, and this is the part of the inflation picture that the Fed cares most about.

Marketing 483

Marketing Mortgage Housing Market 483

Sacramento Appraisal Blog

JUNE 11, 2023

It’s been a stunning first half of the year for the housing market. Let’s talk about some of the bigger issues right now. Here are some things on my mind including weird stats, the anniversary of the market peak, Matt Rife tickets, and being ready for the second half of the year. I hope you […] The post A stunning first half of the year for the housing market first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

Housing Market 346

Housing Market Marketing Real Estate Appraisal 346

Real Estate News

JUNE 10, 2023

Most consumers think it's a bad time to buy, and many expect rates to rise — but nearly a fifth of adults still plan to buy a home in the next 12 months.

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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

George Dell

JUNE 14, 2023

Standards enforce appraisal review as well as development and reporting. Editor’s Note: This is Standards, part IIIc of George Dell’s series on How Do I Move to EBV? Links to the earlier posts are here. This is the third part topic of the larger topic of how standards may help or hinder the move into […] The post Move to EBV? Standards appeared first on George Dell, SRA, MAI, ASA, CRE.

Development 195

Development Appraisal Valuation 195

The Appraiser Coach

JUNE 13, 2023

I want to share a principle with you. And when you hear it, it won’t be some earth-shattering revelation. It’s probably something that you already know, something that already makes sense. The principle is this: replication increases productivity. Think about it. In your business right now, there are probably at least a few things that you do over and over again, day in and day out.

Appraisal 195

Appraisal Business Inspection Advertising 195

Real Estate News

JUNE 16, 2023

As several buyer agent compensation cases work their way through the court system, it’s time for brokers and agents to come up with a plan.

Agents 248

Agents Buyers 248

Eyes on Housing

JUNE 12, 2023

The first quarter of 2023 release of the Z.1 Financial Accounts of the United States shows for a third consecutive quarter the value of households’ real estate assets contracted. The combination of economic uncertainty and declining home prices has played a role over the past year in decreasing the value of households’ real estate assets. The level of households’ real.

Real Estate 184

Real Estate Contracts Market Value Marketing 184

Housing Wire

JUNE 13, 2023

Add Guild Mortgage to the list of lenders offering down payment assistance programs in order to court more buyers at a time when mortgage rates remain elevated. The California-based lender rolled out a 1% down payment advantage program this week that allows customers to buy a home with a minimum down payment of 1% of the purchase price. Guild will also cover 1% of the borrower’s interest rate for the first year with a lender-paid temporary buydown.

Buyers 412

Buyers Retail Mortgage Insurance 412

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

The Appraiser Coach

JUNE 13, 2023

I want to share a principle with you. And when you hear it, it won’t be some earth-shattering revelation. It’s probably something that you already know, something that already makes.

Inspection 195

Inspection Advertising Business Government 195

Real Estate News

JUNE 14, 2023

After 10 consecutive rate hikes, the Federal Reserve announced at today's meeting that it would hold rates steady.

Real Estate 235

Real Estate 235

Eyes on Housing

JUNE 16, 2023

Over the first four months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 268,205. On a year-over-year (YoY) basis, this is 29.0% below the April 2022 level of 377,713. Year-to-date ending in April, single-family permits declined in all four regions. The Northeast posted the lowest decline of 17.6%, while the West region reported the steepest.

Construction 183

Construction Marketing 183

Housing Wire

JUNE 15, 2023

After a slight decline this week, mortgage rates are expected to stay at their current elevated levels for a while in reaction to the Federal Reserve ‘s (Fed) decision to pause its tightening monetary policy in June. In turn, mortgage origination volumes will remain under pressure for the remainder of the year. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.69% as of

Mortgage 397

Mortgage Housing Market Buyers Lending 397

Inman

JUNE 16, 2023

Anywhere's Agent Engagement team will help Anywhere affiliated broker-owners and agents supercharge their businesses with personalized coaching and mentorship, the company said.

Agents 158

Agents Business Realty Real Estate 158

Real Estate News

JUNE 10, 2023

Jim Fite, president of the brokerage his father founded in 1937, has led his company through 7 recessions and shares advice on how to make it to the other side.

Brokerage 230

Brokerage 230

Eyes on Housing

JUNE 13, 2023

Consumer prices in May saw the smallest year-over-year gain since March 2021, mainly driven by lower energy prices. This marked the eleventh consecutive month of deceleration. While this measure aligned with expectations, core inflation remained persistent due to the increase in rent prices.

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Housing Wire

JUNE 14, 2023

The Federal Reserve (Fed) maintained the federal funds rate in the 5% to 5.25% range on Wednesday, following 10 consecutive hikes that brought rates to a level never seen since 2007. The Federal Open Markets Committee (FOMC) has decided to pause its rate hikes in June after data that pointed to cooling inflation and the need to assess how much banks have slowed down their lending due to the recent tumult in the sector.

Mortgage 383

Mortgage Real Estate Investors Marketing 383

Inman

JUNE 14, 2023

Sherry Chris, who recently retired, formerly led both brands. Now Ginger Wilcox will lead BHGRE while Alex Vidal leads ERA, according to an announcement Wednesday by Anywhere Real Estate.

Real Estate 158

Real Estate Brokerage Agents 158

Real Estate News

JUNE 13, 2023

Improvements to the CRM platform and app are intended to give agents a leg up with lead generation, marketing and workflow.

Agents 217

Agents Marketing 217

Eyes on Housing

JUNE 15, 2023

According to the latest Producer Price Index report, the prices of inputs to residential construction less energy (i.e., building materials) decreased 0.1% in May 2023 (not seasonally adjusted), following a 0.2% drop in April. The index has gained 0.3%, year-to-date, a stark contrast from the 10.2% and 4.9% YTD increases seen in 2021 and 2022, respectively.

Construction 164

Construction 164

Housing Wire

JUNE 14, 2023

About 60% of mortgage industry professionals in the U.S. are living paycheck to paycheck, an issue caused primarily by inflation, high interest rates and fewer deals, according to a study released this week by payroll technology company Everee. “The survey of 314 U.S.-based professionals in the mortgage industry with commission-based roles also found that over 31% plan to leave the industry within the next year, and another 15% are unsure where their future in the mortgage industry stands,” the

Loan Officers 380

Loan Officers Mortgage Technology Finance 380

Inman

JUNE 12, 2023

The best outdoor kitchens "work" just like their indoor counterparts. For decades, architects designed the ‘kitchen triangle’ — assuring an easy reach between sink, refrigerator, and range. Today, the best outdoor kitchens follow the same formula.

Design 158

Design Realty Real Estate Brokerage 158

Real Estate News

JUNE 13, 2023

Home values are up, and so are bidding wars, according to the latest Zillow market data.

Inventory 215

Inventory Home Value Marketing 215

Eyes on Housing

JUNE 14, 2023

The Federal Reserve’s monetary policy committee maintained the federal funds rate at a top target rate of 5.25% at the conclusion of its June meeting. The Fed will also continue to reduce its balance sheet holdings of Treasuries and mortgage-backed securities. Despite the June pause, the Fed’s projections indicated perhaps two more rate hikes are in store in the coming.

Mortgage 155

Mortgage 155

Housing Wire

JUNE 16, 2023

Below-median family income households are overcoming constraints related to increased borrowing costs and home prices and are finding ways to become homeowners, according to Freddie Mac ’s latest economic, housing and mortgage outlook. The below-median family income homeownership rate increased to 53% from 48% since 2016, Freddie Mac said, citing data from the Census Bureau ’s Housing Vacancy survey.

Housing Market 376

Housing Market Government Mortgage Marketing 376

Inman

JUNE 16, 2023

Las Vegas resident Wayan Garvey filed a complaint calling out Keller Williams' allegedly "relentless marketing practices" and accusing the franchisor and agent Britney Gaitan of violating federal law.

Agents 158

Agents Law Marketing Brokerage 158

Real Estate News

JUNE 14, 2023

Errol Samuelson, chief industry development officer for Zillow, discussed the company’s "housing super app," empowering agents, and consumer innovations.

Agents 213

Agents Development 213

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. In 2018, the GSEs changed policy to allow hosts of Airbnb, VRBO, Vacasa… etc. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision.

Appraisal 148

Appraisal Tenants Investors Business 148

Housing Wire

JUNE 13, 2023

Atlanta-based Equity Prime Mortgage (EPM) has decided to focus its investments on the wholesale channel amid the most challenging mortgage market in decades. This has resulted in the company closing branches and laying off loan officers on the retail side. “Wholesale is growing. It’s a shift that is happening in the market. And we’re just going along with the shift,” Eddy Perez, co-founder and CEO, said in an interview. “We still have retail, but we do believe that

Retail 362

Retail Loan Officers Landlords Lending 362

Inman

JUNE 12, 2023

We sat down with three CENTURY 21® retention leaders to better understand how to keep your affiliated agents satisfied and still affiliated with us. What follows are the 3 keys to making your retention rate shine.

Agents 157

Agents Brokerage 157

Real Estate News

JUNE 13, 2023

Joint ventures and continuing consolidation may help MLSs better serve both subscribers and consumers.

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Appraiserblogs

JUNE 14, 2023

Appraisers, on Thursday, before the Memorial Day holiday, I circulated across the US an email asking for response to a simple two question survey about how you “adjust” the GLA square footage between the Subject and Comparables. The questions: adjust 100% of the square foot difference, or adjust the difference after a ‘threshold’ square foot amount (meaning not the full 100% difference).

Appraisal 140

Appraisal 140