Housing Wire

FEBRUARY 26, 2024

The homebuilders only have 80,000 completed new homes for sale — in a country of over 336 million people with more than 157 million people working. Why so low? Well, builders are in business to make money, they’re not a charity. It’s not the safest business model either because builders take a contract to buy a home and then, from start to finish, hope that mortgage rates don’t jump on the buyer by the time the home is ready.

Construction 527

Construction Business Contracts Marketing 527

Sacramento Appraisal Blog

FEBRUARY 29, 2024

I’ve been asked this question twice this week. Is it a problem to remove the tubs from each bathroom? People planning a remodel asked if it was a big deal or not to only have a walk-in shower in each bathroom. Here are my thoughts, and I really want to hear from you too. Anything […] The post Is it a problem to remove all bathtubs in a house?

Appraisal 426

Appraisal Market Value Real Estate Marketing 426

Real Estate News

FEBRUARY 27, 2024

Keller Williams’ charismatic co-founder kicked off the Family Reunion event with his hot takes on the housing market “winter” and how to get through it.

Buyers 343

Buyers Agents Housing Market Marketing 343

Inman

FEBRUARY 24, 2024

The beauty of events is that your options are endless for creating an inspiring, authentic and meaningful way to connect, broker Pam Blair writes.

Clients 198

Clients Real Estate Brokerage Agents 198

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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

FEBRUARY 28, 2024

Rocket Companies will soon shut down Rocket Pro Originate , a mortgage origination platform for real estate agents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages. According to a copy of an email sent to affected originators this week and reviewed by HousingWire, the Rocket Pro Originate platform — part of the company’s third-party origination channel — is to be sunset by the end of June.

Real Estate 516

Real Estate Insurance Agents Real Estate Agent 516

Real Estate News

FEBRUARY 26, 2024

Sales of new homes rose in January and inventory remained robust. Median prices were up even as some builders continue to offer buyer incentives.

Inventory 288

Inventory Buyers 288

The Appraiser Coach

FEBRUARY 27, 2024

I’ve already shared with you what I believe the most important key to success is: taking action. Without action, your ideas will never come to fruition. Period. Here, I’m going to tell you about the second most important key to success. When paired together, these two keys to success become a true powerhouse. The second key to success is confidence; confidence in your ideas and confidence in yourself.

Development 195

Development Appraisal Inspection Business 195

Housing Wire

FEBRUARY 29, 2024

The Federal Housing Finance Agency (FHFA) announced on Thursday that the transition to new credit score requirements is expected to occur in the fourth quarter of 2025, a decision commended by the mortgage industry. That’s when the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will acquire single-family loans based on the FICO 10T and VantageScore 4.0 credit models, replacing the Classic FICO score that has been in place for decades.

Government 493

Government Lending Mortgage Finance 493

Inman

FEBRUARY 27, 2024

Aaron Hendon shares some strategies to keep negative thoughts away and visualize good things for our businesses, especially when things are difficult.

Business 194

Business Agents 194

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

Real Estate News

FEBRUARY 28, 2024

A new Realtor.com report found that the housing supply gap has grown considerably over the past decade as household formation has outpaced home construction.

Housing Market 265

Housing Market Construction Marketing 265

Eyes on Housing

MARCH 1, 2024

Over the past decade, use of the term “barndominium” (indicating a structure that is, in some sense, a combination barn and condominium) has become increasingly widespread in real estate media outlets. In fact, the term has become popular enough for NAHB to include a question about it in its survey for the February 2024 NAHB/Wells Fargo Housing Market Index.

Real Estate 179

Real Estate Housing Market Marketing 179

Housing Wire

FEBRUARY 26, 2024

The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties. The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. The average cost of a policy increased 40% in 2023 alone, according to a report by Redfin.

HOA 482

HOA Law Insurance New Listings 482

Inman

FEBRUARY 29, 2024

The companies' integrated technology will streamline the process to make Opendoor cash offers available to eXp's tens of thousands of agents.

Technology 190

Technology Agents Realty 190

Real Estate News

MARCH 1, 2024

C21 President and CEO Mike Miedler says growth is more than numbers, it’s creating opportunities for the future — and being “ready, willing and able to grow.

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264

Eyes on Housing

MARCH 1, 2024

NAHB analysis of Census data shows that private residential construction spending rose 0.2% in January 2024, the second month of gains in a row. It stood at a seasonally adjusted annual pace of $900.8 billion. The monthly increase in total construction spending is attributed to more single-family construction. Spending on single-family construction rose 0.6% in December.

Construction 170

Construction 170

Housing Wire

FEBRUARY 24, 2024

Mortgage rates have risen recently but they could be much worse than they are today. As someone who doesn’t believe the Federal Reserve has pivoted and that the Fed enacted a COVID-19 housing policy to keep existing home sales depressed, It’s not shocking to me that rates are still this high, even though we had lower rates with a higher growth rate of inflation data.

Mortgage 466

Mortgage Inventory New Listings Housing Market 466

Inman

FEBRUARY 27, 2024

Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows.

Marketing 190

Marketing 190

Real Estate News

FEBRUARY 27, 2024

The plaintiff, who paid a 2% commission, argues in the filing that “a truly competitive rate for buyers’ agents would in fact be 0%.

Buyers 256

Buyers Agents 256

Eyes on Housing

FEBRUARY 26, 2024

Stable mortgage rates at the beginning of 2024 helped new home sales to increase in January. Sales of newly built, single-family homes in January increased 1.5% to a 661,000 seasonally adjusted annual rate from a downwardly revised reading in December, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S.

Development 149

Development Mortgage Construction 149

Housing Wire

FEBRUARY 29, 2024

Mortgage rates continued to trend up this week and dampen homebuyer momentum. The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, an increase from last week ’s figure of 6.90%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 6.26% this week, down from 6.29% during the prior week.

Mortgage 459

Mortgage Construction Buyers Inventory 459

Inman

FEBRUARY 28, 2024

The Consumer Federation of America, a watchdog group, examined 43 contracts from 37 states, most from state or local Realtor associations, and found practices it believes worthy of scrutiny.

Contracts 190

Contracts Buyers Realtors Brokerage 190

Real Estate News

FEBRUARY 27, 2024

Despite market challenges, the Case-Shiller Index was up 5.5% annually in December, exceeding national averages over the past three decades.

Marketing 246

Marketing 246

Boston Appraisal

FEBRUARY 29, 2024

The post Factors that affect your property value appeared first on Boston Appraisal Services.

Appraisal 148

Appraisal 148

Housing Wire

MARCH 1, 2024

By and large, homeowners who are 60 and older love where they live and have a preference to age in place. They may also see the equity in their homes as a “financial reserve” and are generally confident in their retirement plans, but they are far less interested in employing their home equity in retirement. This is according to Doug Duncan, chief economist at Fannie Mae , in a new blog post that explores the homeownership patterns of older Americans.

Government 455

Government Mortgage 455

Inman

FEBRUARY 26, 2024

Above-average prices, buyer demand, a fast market pace and lower competition make April the perfect blend for a springtime boom.

Buyers 189

Buyers Marketing 189

Real Estate News

FEBRUARY 28, 2024

Zillow’s Listing Showcase product will be available only to Hanna agents in the Cleveland and Pittsburgh metros.

Tools 243

Tools Agents 243

Eyes on Housing

FEBRUARY 28, 2024

An earlier post published last month shows that young adults ages 25-34 continued the post-pandemic trend of moving out of parental homes with the share of those living with parents or parents-in-law dropping to 19.1% in 2022. Geospatial analysis of the 2022 ACS data reveals substantial differences across states, with the Southern and Northeastern states registering some of the highest.

Law 144

Law 144

Housing Wire

FEBRUARY 27, 2024

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) this week announced the awarding of more than $14.5 million that will be distributed by public housing agencies (PHAs) across the country in an effort to house veterans. The funds will be distributed by the PHAs through more than 1,400 HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers.

Tools 453

Tools Development 453

Inman

FEBRUARY 26, 2024

Learn how to boost your marketing by understanding today's home buyers and sellers, their motivations and desired home features.

Sellers 187

Sellers Buyers Marketing 187

Real Estate News

FEBRUARY 29, 2024

While pending sales reversed course last month, experts blamed seasonality and less favorable borrowing rates for the lack of activity from buyers.

Buyers 232

Buyers 232

GoForrmz

FEBRUARY 27, 2024

Originally published on 02/02/2016 Record employee progress and measure performance with the digital employee evaluation form As companies evolve, the integration of technology into various aspects of business operations becomes imperative. One noteworthy stride in this digital transformation is the adoption of digital forms for performance reviews.

Human Resources 138

Human Resources Modernization Design Technology 138

Housing Wire

MARCH 1, 2024

Mortgage trade groups have commended the moves taken by the Federal Housing Finance Agency (FHFA) and the government-sponsored enterprises (GSEs) to address a spike in loan buybacks — the latest being a new electronic notification made available by Fannie Mae. But advocates also say more is needed to improve the loan repurchase process. On Feb. 24, Fannie Mae announced the addition of a “notice of potential defect” functionality to the latest version of its system Loan Quality Connect.

Construction 445

Construction Government Finance Mortgage 445