Housing Wire

MAY 1, 2024

Less than a week after HomeServices of America settled the home seller commission lawsuits for $250 million , the firm again finds itself in the crosshairs of antitrust litigation. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S. district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions.

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Appraisal Buzz

MAY 1, 2024

In this week’s episode, host Hal Humphreys talks with Kevin Hecht, Appraisal Training and Development Manager and Real Estate Economist for McKissock. It seems like the market is starting to pick up for the spring across the nation, but we haven’t seen any significant interest rate changes. What can appraisers expect from the market in the near future?

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Real Estate Marketing Training Valuation 221

Housing Wire

MAY 1, 2024

As more housing and mortgage authorities seek to expand the scope of homeownership to those who have never purchased a home before, the government-sponsored enterprises (GSEs) and the Federal Housing Finance Agency (FHFA) are taking a step to more narrowly define the term “first-generation homebuyer mortgage,” according to a bulletin released on Wednesday by Freddie Mac.

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Appraisal Buzz

MAY 1, 2024

In the ever-evolving landscape of mortgage finance, the year 2024 presents both challenges and opportunities that demand astute navigation. Following a period of rising interest rates in 2023, the Federal Reserve’s recent signals hint at a potential shift towards a more accommodative monetary policy later in 2024. This could translate to lower interest rates, impacting borrower affordability and overall loan demand.

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Mortgage Housing Market Buyers Finance 195

Housing Wire

MAY 1, 2024

Corcoran expanded its talent pool this week and welcomed three new faces — two in Nashville and one in New Jersey. Former National Football League stars Andy Levitre and Marc Mariani have joined Corcoran Reverie , an affiliate of The Corcoran Group, in Nashville. The duo will be part of the Your Nashville Agent team under the leadership of Aaron Joyce.

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Real Estate Brokerage Agents Clients 246

George Dell

MAY 1, 2024

Will there be a need for traditional “appraisal” in 5 years? We think not. Some 25 years ago, I was education chair for my Appraisal Institute Chapter. Our ‘custom’ seminar considered the topic of technology replacing appraisers. The conclusion was, especially for residential appraisal, that AVMs would take a great market share. Worse yet, because […] The post No Need for Appraisers?

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Real Estate News

MAY 1, 2024

The filing comes just days after the company settled similar cases brought by sellers. The firm maintains its practices were “lawful and procompetitive.

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Law Sellers 158

Inman

MAY 1, 2024

The local intelligence company's latest tool automatically surfaces locations for homebuyers based on the homes they're already scrolled, offering an alternative to traditional search tactics.

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Tools Technology Marketing 105

Eyes on Housing

MAY 1, 2024

Due to tightened monetary policy, the count of total job openings for the entire economy has trended lower over the last year. This is consistent with a somewhat cooler economy that is a positive sign for future inflation readings. However, the number of open jobs for the aggregate economy was relatively unchanged in March per.

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Construction 97

Inman

MAY 1, 2024

In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms.

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Contracts Buyers Agents Realtors 105

BiggerPockets

MAY 1, 2024

What’s easier to find, a unicorn or a rock star contractor? If you asked most value-add real estate investors, the answer would be obvious: “Unicorns, of course.

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Real Estate Investors 48

Inman

MAY 1, 2024

The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023.

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Brokerage Agents 100

BiggerPockets

MAY 1, 2024

Juggling 0% interest business credit cards is like juggling torches in a hay-covered barn. Drop one, and the whole place goes up in flames.

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Real Estate Business Finance 47

Inman

MAY 1, 2024

Staying in touch with past clients and "orphans" long after closing could be the key to a lifetime of repeat and referral opportunities. Coach Darryl Davis offers a strategy to help you reconnect.

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Clients Brokerage Agents Marketing 78

Mortgagebroker News

MAY 1, 2024

Experts question the practicality of new housing goals amid skilled labour shortages

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Mortgage 47

Inman

MAY 1, 2024

No longer is finding the dream home the only consideration when looking for real estate. You must find a community fit for your buyers too, new Inman contributor Charles Banfield writes.

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Buyers Real Estate Brokerage Agents 78

Mortgagebroker News

MAY 1, 2024

Working arrangement delivers 'significant environmental benefits,' according to report

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Inman

MAY 1, 2024

The NAR settlement shook the industry, but agents overwhelmingly told the Inman Intel Index they believe their brokerage has been an effective ally. It's a big win for brokerage training efforts.

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Brokerage Agents Training 78

Mortgagebroker News

MAY 1, 2024

Sluggish condo sales could spell trouble for Toronto's housing supply in the future

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Inman

MAY 1, 2024

The class of 45 honorees represents the real estate industry's brightest achievers under the age of 40. Future Leaders is the latest addition to Inman’s growing industry-leading awards program.

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Real Estate 78

Mortgagebroker News

MAY 1, 2024

High-interest rates and affordability concerns fail to shake the strong hold on cottage markets

Investing 36

Investing Marketing 36

Inman

MAY 1, 2024

After dozens of members of the Inman community commented on a recent Facebook post, we wanted to find out what you think about the recently signed TikTok ban.

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Technology Agents Marketing 78

BiggerPockets

MAY 1, 2024

There’s a critical lack of affordable housing.

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Investors 47

Inman

MAY 1, 2024

With an A-list lineup of speakers and applicable tools to stay competitive, you won't want to miss this HOT event taking place May 21-22.

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Tools Marketing 78

Mortgagebroker News

MAY 1, 2024

Executive on the space's evolution during 40-year stint

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Housing Wire

MAY 1, 2024

More than 556,000 single-family homes were available for sale nationwide as of last Friday, according to the latest data from HousingWire sister company Altos Research. That puts the national inventory up 31.9% year-over-year, extending a 24-week streak of year-over-year increases. So are agents and brokers flush with home listings? Likely not, as listings are still a fraction of their pre-Covid levels despite the strong year-over-year growth.

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Inventory Agents Marketing Mortgage 270

Mortgagebroker News

MAY 1, 2024

In-house rebrand reflects continued growth, according to company

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Brokerage 36

Housing Wire

MAY 1, 2024

In an update to its selling guide , Freddie Mac announced Wednesday that it is expanding the use of attorney opinion letters (AOLs) in lieu of title insurance. Under the new selling guidelines, Freddie Mac said it would allow AOLs to be used on “loans secured by a unit in a condo project,” on “loans secured by a property subject to restrictive agreements or restrictive covenants,” and on “loans secured by a property located in all U.S. jurisdictions, unless prohibited by law or identified as an

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Insurance Finance Law Mortgage 246

Eyes on Housing

MAY 1, 2024

NAHB analysis of Census data shows that private residential construction spending was down 0.7% in March, after increasing 0.7% in February. It stood at a seasonally adjusted annual pace of $884.3 billion. Spending on single-family construction dropped 0.2% in March. This is the first monthly decline after ten straight months of gains, as elevated mortgage.

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Construction Mortgage 97

Housing Wire

MAY 1, 2024

Lawmakers in the U.S. House of Representatives and U.S. Senate are seeking to address the rising costs of living for U.S. seniors, primarily those living on fixed incomes, which would be accomplished by increasing monthly benefits and requiring the Social Security Administration (SSA) to use a different inflation-calculation formula. The bill, known as the Boosting Benefits and COLAs for Seniors Act, is being spearheaded in the Senate by Bob Casey (D-Pa.), chairman of the Special Committee on Ag

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Finance 260