Housing Wire

MAY 15, 2024

Mortgage rates have been slowly dropping recently, which has caught some people off guard. With inflation data that is still higher than the Federal Reserve ‘s target, the recent decrease has left many intrigued. Was it the recent inflation reports or the last batch of labor data that played a significant role in this shift? The Fed’s recent hawkish stance, refraining from rate cuts and advocating for extended higher rate language, adds to the mystery.

Mortgage 502

Mortgage Marketing Housing Market 502

Real Estate News

MAY 4, 2024

Andy Florance discusses the “transformative technology” and his plans to rapidly expand the company while rolling out generative AI features later this year.

Technology 304

Technology 304

Eyes on Housing

MAY 13, 2024

As described in a previous post, NAHB recently released its 2024 Priced-Out Estimates showing 103.5 million households are not able to afford a median priced new home and an additional 106,031 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how.

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Inman

MAY 13, 2024

Ready to transform the way you communicate your value to clients? Marketing expert Marci James helps you reshape the agent-client relationship by prioritizing clear communication and exceptional results.

Client Relationships 179

Client Relationships Marketing Clients Agents 179

Yolo Solano Appraisal Blog

MAY 15, 2024

My goal is to regularly produce local real estate market trend analysis on a monthly basis, focused on my primary markets of Yolo County and Northern Solano County. I’ll have Solano County analysis next week. I’ll also mix in relevant news and articles of interest.

Marketing 146

Marketing Realtors Real Estate Sellers 146

GoForrmz

MAY 14, 2024

Originally published on 03/17/2017 Elevate your small business operations with these top form fields and features Operating a small business isn't easy; owners juggle numerous roles and duties typically assigned to a larger team. This perpetual multitasking entails striving to match established competitors and industry giants — a challenging endeavor, particularly when bogged down by manual administrative tasks.

Business 148

Business Modernization Transportation Tools 148

Real Estate News

MAY 9, 2024

Despite a last-minute motion to delay the hearing, the proceedings went on as scheduled, ending buyer agent commissions litigation for the three brokerages.

Brokerage 267

Brokerage Agents Buyers 267

Eyes on Housing

MAY 13, 2024

High mortgage rates and double-digit growth in home prices since COVID-19 have brought housing affordability to its lowest level in more than a decade. Given this reality, a recent NAHB study on housing preferences* asked home buyers about which specific compromises they would be willing to make to achieve homeownership. For 39% of buyers, accepting.

Buyers 167

Buyers Mortgage 167

Inman

MAY 13, 2024

The lawsuit filed last week alleges that the city of LA took part in "backroom machinations" in order to landmark a house that does not meet criteria for status as a historic cultural monument to "arrange the desired outcome.

Design 176

Design 176

Mashvisor

MAY 15, 2024

Imagine opening the doors to your cherished vacation home, only to find a scene of unexpected chaos: your stylish sectional sofa now sports unsightly tears, the walls are defaced with…

Insurance 73

Insurance 73

BiggerPockets

MAY 6, 2024

If, like me, you check mortgage interest rates like an expectant parent checks their wife’s contractions, you doubtless will have analyzed every type of loan product in an attempt to inch the […]

Contracts 80

Contracts Mortgage 80

Housing Wire

MAY 15, 2024

The most anticipated economic report of the month showed that inflation cooled down a little in April, bringing relief to investors and housing industry professionals. Consumer prices in April were up 3.4% from a year earlier, down from 3.5% in March , according to data released by the Bureau of Labor Statistics on Wednesday. The reading, which came on the heels of the past three stronger-than-expected CPI releases, aligned with economists’ forecasts.

Construction 438

Construction Investors Marketing Mortgage 438

Real Estate News

MAY 6, 2024

The Berkshire Hathaway CEO, along with Vice Chair Greg Abel, spoke about the HomeServices settlement and more during the company's annual shareholder meeting.

Real Estate 266

Real Estate 266

Eyes on Housing

MAY 8, 2024

Per the Mortgage Bankers Association’s (MBA) survey through the week ending May 3rd, total mortgage activity increased 2.6% from the previous week, and the average 30-year fixed-rate mortgage (FRM) rate fell 11 basis points to 7.18%. The 30-year FRM has risen 17 basis points over the past month as rates remained at around seven percent.

Mortgage 157

Mortgage 157

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.

Real Estate 192

Real Estate 192

Lamacchia Realty

MAY 9, 2024

Olivia O’Toole has joined Lamacchia Realty as an office manager in the Worcester County region. Olivia brings with her a strong foundation in real estate, having started her career in 2010 managing tasks and administrative processes for agents. She then co-founded and became the COO of a well-respected real estate company in Worcester County, helping to drive the company’s growth from 2013 to 2022 after which she ventured into consulting with her own firm, Synergy Coaching & Consulting

Realty 73

Realty Brokerage Real Estate Realtors 73

Mashvisor

MAY 10, 2024

Imagine checking in on your property to find that your couch has been ripped, your walls vandalized with graffiti, and your prized antique vase shattered on the floor.

Insurance 73

Insurance 73

Housing Wire

MAY 6, 2024

Legendary investor Warren Buffett and Greg Abel, the CEO of Berkshire Hathaway Energy , addressed the commission lawsuits and HomeServices of America’s recently announced settlement of the suits, during Berkshire Hathaway’s annual shareholder meeting on Saturday. “There is no question that the industry will go through some transitions because of the settlements — ours and every other major player in the industry settled, the National Association of Realtors settled for more than $400 million ,”

Real Estate Agent 483

Real Estate Agent Real Estate Agents Realtors 483

Real Estate News

MAY 14, 2024

The latest data points to some easing, but payments could hit a new peak later in the year. Regionally, payments are down in areas with rising inventory.

Inventory 246

Inventory 246

Eyes on Housing

MAY 8, 2024

According to the latest press release from Freddie Mac, the average rate on a 30-year fixed-rate mortgage has now risen to approximately 7.25%. As the data posted on NAHB’s priced-out web page shows, at this rate only about 27.5 million (out of a total of 134.7 million) U.S. households could afford to buy a median-priced.

Mortgage 157

Mortgage 157

Inman

MAY 15, 2024

Homebuyers have yet to respond in force to drop in rates, which have been in retreat from 2024 highs for three consecutive weeks following Fed easing and soft jobs and CPI reports.

Mortgage 164

Mortgage Marketing 164

Eppraisal

MAY 7, 2024

As the world pivots towards sustainable living, the residential real estate market stands at the forefront of this transformative shift, with solar energy emerging as a pivotal component in shaping the homes of tomorrow. For individuals navigating the dynamic landscape of home buying, selling, financing, or investing, understanding the multifaceted implications of integrating solar power into residential properties is essential.

Investing 74

Investing Real Estate Finance Law 74

Mashvisor

MAY 6, 2024

Running a full-time, short-term rental business isn’t for the weak. With constant check-ins and availability updates, hosting a vacation rental can easily become a full-time job.

Investing 73

Investing Business 73

Housing Wire

MAY 14, 2024

A report released this week by St. Louis-based Clever Real Estate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025.

Real Estate Agent 442

Real Estate Agent Agents Real Estate Buyers 442

Real Estate News

MAY 16, 2024

Will Homes.com sell buyer agent leads? “Never,” says Andy Florance, who believes all the portals will eventually move to “your listing, your lead.

Agents 233

Agents Buyers 233

BiggerPockets

MAY 6, 2024

A mayor in handcuffs, a bankrupt city mired in poverty, unemployment, and soaring crime: 10 years ago that was Detroit’s legacy. Today, it is a real estate success story.

Investors 76

Investors Real Estate 76

Inman

MAY 8, 2024

At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules.

Real Estate Agent 183

Real Estate Agent Realtors Real Estate Agents 183

Mortgagebroker News

MAY 13, 2024

Executive on how women building each other up can help ensure a more equitable and fair space

Mortgage 76

Mortgage 76

Mashvisor

MAY 9, 2024

Jumping into the world of short-term rental hosting can be intimidating. There are seemingly endless things to consider and rules to follow.

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Housing Wire

MAY 14, 2024

Despite persistently high interest rates , big four title firm Fidelity National Financial recorded a much stronger start to 2024 than it did a year ago. In first-quarter 2024 , Fidelity reported total revenue of $3.299 billion, up from $2.474 billion a year ago. Its net earnings were $248 million, compared to a $59 million net loss in Q1 2023. The firm attributed its stronger results to better performance from both its F&G segment and its title insurance segment.

Insurance 441

Insurance Real Estate Sellers Housing Market 441

Real Estate News

MAY 7, 2024

The company remains on a rapid-growth trajectory, but net losses also increased this quarter, largely due to a recent commissions lawsuit settlement.

Brokerage 264

Brokerage Agents 264

BiggerPockets

MAY 10, 2024

The Sunshine State offers the exact combination of factors that make this investment option attractive. Learn if rent-to-own investing is right for you.

Investing 78

Investing Marketing Housing Market 78

Inman

MAY 8, 2024

The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements.

Buyers 184

Buyers Realtors Brokerage 184

Mortgagebroker News

MAY 6, 2024

Limited-time variable rate offers substantial savings and payment flexibility

Mortgage 83

Mortgage 83