Housing Wire

NOVEMBER 20, 2024

Momentum Builder has acquired Sales Mastery , the companies announced Wednesday. The merger of two industry leaders in sales training and coaching will result in a “unified super brand” that will be known as Sales Mastery Powered by Momentum Builder, the companies said in a press release. “The launch of Sales Mastery Powered by Momentum Builder marks a transformative moment in the housing industry, signaling a seismic shift in how sales professionals will approach success,” said Todd Dunca

Training 370

Training Tools Mortgage Marketing 370

Appraisal Buzz

NOVEMBER 20, 2024

Applications for mortgages for new home purchases increased 3% in October compared with September and were up 8.2% compared with September 2023, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS). “New home purchase activity picked up in October even as stronger economic data and election uncertainty pushed mortgage rates higher over the course of the month,” says Joel Kan, vice president and deputy chief economist for the MBA, in a statement.

Construction 195

Construction Buyers Inventory Mortgage 195

Housing Wire

NOVEMBER 20, 2024

In today’s economy, mortgage rates and housing expenses have consistently risen. As a result, older citizens are tapping into their retirement savings to cover costs—if they have it. However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market.

Finance 357

Finance Marketing Lending Mortgage 357

Appraisal Buzz

NOVEMBER 20, 2024

In this episode, we sit down with Brijaye Brackett from Accurate Group to dive into her launch into the appraisal industry. From her first introduction to the world of appraising to becoming one of the early success stories of the Appraisal Diversity Initiative (ADI) scholarship program, Brijaye shares her unique perspective and experiences. We explore the skills and insights she gained, the challenges and triumphs she’s faced, and what excites her most about her work.

Appraisal 195

Appraisal Modernization Valuation Real Estate 195

Housing Wire

NOVEMBER 20, 2024

The current mortgage market starkly contrasts with the booming years of 2020 and 2021. Both borrowers and loan officers face a changed—and changing—landscape. However, success remains within reach for those committed to adapting. The winners in every market know how to take advantage of opportunities, and below I’ve outlined some actionable advice on how to approach this market with that winning mindset.

Marketing 346

Marketing Loan Officers Realtors Business 346

George Dell

NOVEMBER 20, 2024

Recent GSE (Fannie Mae and Freddie Mac) guidelines for appraisers and lenders make some assumptions. In particular we can use, for example, the requirements for market analysis and time adjustments. USPAP (Uniform Standards of Professional Practice) Rule 1-4 states that an appraiser must “collect, verify, and analyze all information…and must analyze such comparable sales data […] The post A GSE Versus USPAP Conflict?

Appraisal 195

Appraisal Marketing 195

Real Estate News

NOVEMBER 20, 2024

The reversal follows 14 years of larger gains for homes in high-risk areas, suggesting that buyers may be less willing to move to disaster-prone regions.

Home Value 169

Home Value Buyers 169

Housing Wire

NOVEMBER 20, 2024

HSBC has agreed to direct $25 million over the next four years to support underserved communities in an agreement with the National Community Reinvestment Coalition (NCRC) following allegations of redlining , the parties announced on Wednesday. In August 2023 , the bank disclosed it was under investigation by the Department of Housing and Urban Development (HUD) after the nonprofit organization filed a complaint alleging violations of the U.S.

Loan Officers 275

Loan Officers Lending Development Mortgage 275

Real Estate News

NOVEMBER 20, 2024

The luxury-focused firm announced its first franchise in the D.C. metro, which will boost its total agent count and number of offices by nearly 10% each.

Agents 147

Agents 147

Housing Wire

NOVEMBER 20, 2024

The National Association of Realtors (NAR) is getting a temporary reprieve from the latest antitrust suit it’s fighting regarding “three-way membership agreements” for MLS access. On Monday, the complaint filed earlier this month in U.S. District Court in Los Angeles by John Diaz was dismissed by Judge Dolly Gee. According to the judge’s ruling, the complaint was dismissed as it did not comply with a local court rule which requires that all documents, except declarations, to be

Realtors 268

Realtors Real Estate Agents Business 268

Eyes on Housing

NOVEMBER 20, 2024

Reflecting the sharp increase in net immigration of recent years, the number of new immigrants joining the construction industry rose substantially in 2022. According to the latest American Community Survey (ACS), the industry managed to attract close to 130,000 new workers coming from outside the U.S. to help with persistent labor shortages. For comparison, this.

Construction 158

Construction Marketing 158

Housing Wire

NOVEMBER 20, 2024

The 2024 housing market is shaping out to be one of the slowest in recent memory, but what can the industry expect in 2025? HousingWire Lead Analyst Logan Mohtashami and Altos Research Founder Mike Simonsen have compiled a comprehensive forecast for the 2025 housing market. The report offers hope that next year will be better than the last, but only to an extent.

Marketing 298

Marketing Inventory Housing Market Realtors 298

Inman

NOVEMBER 20, 2024

The nation's real gross domestic product grew at an annual rate of 2.8 percent in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out.

Real Estate 120

Real Estate Agents Investing Brokerage 120

Housing Wire

NOVEMBER 20, 2024

Executives at mortgage lenders anticipate a minimum 20% increase in credit reporting costs in 2025 compared to 2024. And the soaring costs will hit as lenders try to dig out from multiple years of financial losses and mass layoffs. In early November, Fair Isaac Corp. (FICO), the company behind the widely used consumer credit-risk assessment methodology, announced an increase in its wholesale royalty for mortgage originations from $3.50 to $4.95 per score.

Mortgage 246

Mortgage Loan Officers Investing Marketing 246

Inman

NOVEMBER 20, 2024

Rick Guerrero talks to coach Katherine Loucaidou about making the leap from a steady full-time job to running your own real estate business.

Real Estate 129

Real Estate Business Real Estate Agent Agents 129

Housing Wire

NOVEMBER 20, 2024

While many older homeowners own their properties free and clear of a mortgage payment, this is not a feasible reality for many seniors. In fact, more than 10.5 million Americans at or over the age of 65 still pay into a forward mortgage loan, according to a study conducted by LendingTree. To get a better grasp of the dynamics involved with older homeowners maintaining their existing mortgages, LendingTree took a closer look at data from the U.S.

Mortgage 195

Mortgage Property Taxes 195

Inman

NOVEMBER 20, 2024

It's time for a vibe check as we gear up for Thanksgiving, so let us know what you're most grateful for this holiday season.

Agents 115

Agents 115

Housing Wire

NOVEMBER 20, 2024

White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners. According to an amended complaint filed this week, Side alleges that Official Partners and its founders Tal and Oren Alexander committed multiple events of default on a $4.6 million promissory note Side extended in April. Side claims the current balance owed is $4.2 million, and the note continues to accrue interest.

Legal Fees 195

Legal Fees Real Estate Agent Brokerage Legal 195

Inman

NOVEMBER 20, 2024

Find out how New York City real estate agent Andrea Wernick became a seller specialist and why she believes in the power of staging.

Real Estate Agent 112

Real Estate Agent Real Estate Sellers Agents 112

Housing Wire

NOVEMBER 20, 2024

Chicago-based multichannel mortgage lender Rate , formerly known as Guaranteed Rate , has announced a shakeup in its reverse mortgage division’s leadership by appointing two longtime industry veterans to lead the company’s efforts with older borrowers. Jesse Allen, most recently of OneTrust Home Loans and formerly of American Advisors Group (AAG), has been appointed to the role of president for the division.

Mortgage 195

Mortgage Lending Loan Officers Marketing 195

Inman

NOVEMBER 20, 2024

The acquisition of the Massachusetts-based brokerage marks Lamacchia Realty's 10th acquisition in the state over the past 16 months, adding offices in Newburyport and Amesbury.

Realty 88

Realty Brokerage Agents 88

Housing Wire

NOVEMBER 20, 2024

NAR’s volunteer leaders receive financial benefits that no other nonprofit in the housing space comes close to matching, 990 filings reveal. Earlier this week the National Association of Realtors (NAR) made headlines for the extravagant perks and compensation its executives and volunteer leaders receive. A New York Times investigation detailed the lavish perks enjoyed by trade group executives, particularly former CEO Bob Goldberg, who had three memberships to exclusive country clubs, paid

Legal 150

Legal Law Business Government 150

Eyes on Housing

NOVEMBER 20, 2024

Single-family built-for-rent construction posted year-over-year gains for the third quarter of 2024, as builders sought to add additional rental housing in a market facing ongoing, elevated mortgage interest rates. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 24,000 single-family built-for-rent (SFBFR) starts during.

Construction 88

Construction Design Mortgage Marketing 88

Housing Wire

NOVEMBER 20, 2024

Fannie Mae on Wednesday announced that its next version of the Desktop Underwriter (DU) software platform will be available for users on Jan. 11. The platform will feature “enhanced” risk assessment by incorporating new data points, including updated market conditions and loan performance data in its assessment functionality. Fannie Mae said that DU version 12.0 represents “a major update to DU’s credit risk assessment and opens new opportunities for homeownership ,” while claiming it will also

Development 150

Development Mortgage Marketing 150

Birmingham Appraisal

NOVEMBER 20, 2024

It’s been several weeks now since I’ve blogged and to be honest I’ve missed it. Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am. Much has changed in the appraisal world from when I first started writing but one thing remains the same and that is the need to put out accurate information about how and

Real Estate 73

Real Estate Appraisal Inspection Contracts 73

Mortgagebroker News

NOVEMBER 20, 2024

Investors targeting stable income and attractive yields are finding success in the market

Investors 64

Investors Marketing 64

BiggerPockets

NOVEMBER 20, 2024

After a mammoth $418 million National Association of Realtors (NAR) settlement threatened to decimate real estate agent commissions, AccountTECH, an accounting software firm, has crunched the numbers to see how […]

Real Estate Agent 44

Real Estate Agent Real Estate Realtors Agents 44

Lamacchia Realty

NOVEMBER 20, 2024

Homes For Sale With Basement in Boxborough MA Price Beds Baths Save Search New Listing - 2 weeks on site 1 / 4 $1,940,000 Single Family Residence For Sale Active 4 BEDS 3 TOTAL BATHS 4,000 SQFT 79 Meadow Lane Boxborough, MA 01719 Yes Subdivision New Listing - 3 weeks on site 1 / 19 $549,000 Single Family Residence For Sale Pending 3 BEDS 1 TOTAL BATH 960 SQFT 869 Burroughs Rd Boxborough, MA 01719 New Listing - 4 weeks on site 1 / 42 $699,900 Single Family Residence For Sale Pending 3 BEDS 2 TO

Real Estate 36

Real Estate New Listings Real Estate Agent Open Houses 36

BiggerPockets

NOVEMBER 20, 2024

The Raleigh and Charlotte, North Carolina, metros grew tremendously over the past five years, with a population growth of 11.53% and 8.81%, respectively (the U.S. average was 2.94%).

Housing Market 44

Housing Market Marketing 44

Lamacchia Realty

NOVEMBER 20, 2024

Boxborough MA Homes For Sale Under $200k Price Beds Baths Save Search No Results Found. See All Results Find a Real Estate Agent in Boxborough MA Visit our agents page REal Estate for sale by state Massachusetts Real Estate New Hampshire Real Estate Rhode Island Real Estate Main Real Estate Connecticut Real Estate Florida Real Estate Menu Massachusetts Real Estate New Hampshire Real Estate Rhode Island Real Estate Main Real Estate Connecticut Real Estate Florida Real Estate MA REal Estate for sa

Real Estate Agent 36

Real Estate Agent Real Estate Realty Agents 36

BiggerPockets

NOVEMBER 20, 2024

Every landlord has some wild tenant stories. We’re sharing the ones you probably won’t believe in this episode.

Tenants 52

Tenants Landlords Real Estate 52

Lamacchia Realty

NOVEMBER 20, 2024

Amy Wallick Quoted in Article from Boston Agent Magazine November 18, 2024 – Amy Wallick , 2024 President of the Massachusetts Association of REALTORS® and an agent out of the Lamacchia Realty Beverly Office , was recently quoted in a new article from Boston Agent Magazine. The article discusses how single-family and condominium sales increased in the month of October 2024.

Agents 36

Agents Realty Realtors 36

Mortgagebroker News

NOVEMBER 20, 2024

Seasoned OSFI executive to helm BC's financial services authority starting January 2025

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Housing Wire

NOVEMBER 20, 2024

The Federal Housing Administration (FHA) on Wednesday posted a proposed Mortgagee Letter (ML) that would add flexibility for people receiving rental income from “boarders” who pay for space in an existing dwelling when considering them for an FHA-insured mortgage. Borrowers receiving rental income from “boarders,” a term referring to “individuals who rent space in borrowers’ homes” according to the Single Family Housing 4000.1 Handbook, would have less stringent underwriting requirements for doc

Insurance 211

Insurance Development Mortgage 211