Housing Wire

MARCH 11, 2024

In early January, Proof , formerly known as Notarize , announced that it had helped sellers and buyers close $374 billion worth of real estate transactions since its founding in 2015, and that it had its sights set on California. NotaryCam is not the only RON platform looking at expansion in California.

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Law Real Estate Sellers Investors 421

Housing Wire

APRIL 27, 2024

This isn’t saying too much since 2023 had the lowest recorded level of new listings ever, but it’s still a plus in my book.

Inventory 504

Inventory Housing Market Marketing New Listings 504

Housing Wire

SEPTEMBER 17, 2021

from July’s total, which is slightly larger than the 2015-2019 July-to-August drop of 2.1%, the report found. Although this decrease is in line with the 2015 through 2019 average July-to-August drop of 1%, it still marks a 13.2% The report analyzes MLS data from 51 U.S. metropolitan areas and includes all residential properties.

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Housing Market Marketing Inventory Buyers 500

Housing Wire

AUGUST 11, 2020

This is the sixth Florida market where the company is now live since it began iBuying in Florida in 2015, operating in Citrus Ridge, Fort Pierce, Port St. Homebuyers and sellers are also able to take advantage of Offerpad’s Extended Stay program, allowing the seller to remain in the home five days past the close of escrow.

Real Estate 394

Real Estate Sellers Construction Marketing 394

Housing Wire

MARCH 23, 2024

We’re not seeing seller stress in the inventory data but just a typical increase in inventory when rates are higher, which looks perfectly normal. Weekly housing inventory data The best housing story for 2024 so far is that inventory is growing yearly. The growth isn’t just in active inventory but also new listings.

Mortgage 515

Mortgage Inventory New Listings Housing Market 515

Housing Wire

NOVEMBER 17, 2020

iBuying platform zavvie has launched zavvie Pro , with the goal of helping real estate agents turn homeowners into home sellers. “Webuilt zavvie Pro to help the modern agent generate more seller leads, win more listings, and always earn a commission.”. According to the company, it’s the No. According to the company, it’s the No.

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Real Estate Modernization Real Estate Agent Sellers 375

Housing Wire

APRIL 1, 2024

Since its founding in 2015, Richards said the majority of feedback from consumers about Flyhomes and its products has been positive, but the firm has struggled to increase its brand and value awareness among consumers. “It “This assessment is crucial to transition from the bridge loan to refinance after the sale of the departing residence.”

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Loan Officers Clients Mortgage Construction 420

Housing Wire

MAY 3, 2023

Relatedly, discount brokerages have promised big savings to sellers for decades. The plaintiffs essentially argue that sellers are subsidizing buy-side agents and it’s an anti-competitive practice that lacks transparency. It wasn’t so long ago that experts said the internet would drastically bring down agent commissions.

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Agents Real Estate Agent Brokerage Real Estate 410

Housing Wire

FEBRUARY 9, 2024

In 2015, CoStar spent $100 million in consumer marketing to promote the revamped Apartments.com site. “I We are confident that we have built the best site possible for both the agents, and the home buyers and seller,” Florance said. as well as nearly 100,000 high schools, elementary schools and middle schools. We’ve climbed from No.

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Marketing Advertising Real Estate Real Estate Agent 450

Housing Wire

OCTOBER 12, 2022

The integration also aims to tackle the payment procedure during a real estate closing, in which several parties receive payments through sources like broker/agent commissions, underwriter fees, title search fees, taxes, payoffs and seller proceeds. According to the Federal Trade Commission (FTC), check fraud has increased by 65% since 2015.

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Architecture Real Estate Training Design 397

Housing Wire

JANUARY 13, 2024

So let’s hope for more home sellers in 2024. 6-13): Inventory rose from 471,349 to 473,406 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 931,002 I don’t want to jinx this because active inventory rose last year at this time. 2022 21.7%

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Inventory New Listings Retail Mortgage 533

Housing Wire

OCTOBER 26, 2023

During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022. They were not set commissions,” Wilson said.

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Law Agents Brokerage Buyers 409

Housing Wire

MAY 5, 2022

Through Notarize, homebuyers and sellers completing their signings through SoftPro will now have access to notary services 24 hours a day, seven days a week from any device, the press release said. million through nine funding rounds since its founding in May 2015. Notarize has now raised $213.3

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Real Estate Sellers Business Investing 370

Housing Wire

OCTOBER 27, 2023

Since 2015, ALTA has provided education through Home Closing 101, a consumer-focused website that provides information about the closing process, how they can protect their property rights, how to file a claim, and how to find a title company. The seller normally pays on the West Coast. Where should homebuyers start?

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Insurance Real Estate Buyers Real Estate Agent 500

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. With mortgage rates higher, will this stop inventory from growing year over year?

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Inventory Mortgage New Listings Housing Market 534

Housing Wire

DECEMBER 2, 2023

18): Inventory fell from 564,571 to 550,302 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,081,712 The one positive inventory story in 2023 is that we formed a bottom in the new listings data! Weekly inventory change (Nov.

Mortgage 543

Mortgage Inventory New Listings Sellers 543

Housing Wire

NOVEMBER 25, 2023

18): Inventory fell from 569,571 to 564,571 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,104,514 New listings data fell weekly but showed positive year-over-year growth. Weekly inventory change (Nov.

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Inventory Mortgage New Listings Buyers 536

Housing Wire

SEPTEMBER 2, 2021

It also allows sellers access to a network of pre-approved buyers to expedite the process. “We’ve proven that technology can help transform the transaction experience, and we couldn’t be more excited to bring that technology to top agents, homebuyers, and sellers everywhere.”.

Real Estate 381

Real Estate Buyers Sellers Investors 381

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. And the seller net proceeds continue to be a target.

Real Estate 450

Real Estate Sellers Technology Real Estate Agent 450

Housing Wire

NOVEMBER 11, 2023

That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov. 10) : Inventory rose from 566,882 to 566,941 Same week last year (Nov. We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings.

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Inventory New Listings Mortgage Retail 491

Housing Wire

OCTOBER 26, 2021

The company, founded in 2015, uses artificial intelligence to streamline and accelerate the mortgage process for community lenders and their borrowers. In September, Maxwell launched a trading platform to provide community lenders access to the secondary market, connecting these loan sellers to buyers. million in the last 16 months.

Mortgage 384

Mortgage Investors Technology Business 384

Housing Wire

MAY 16, 2023

That is Maxwell’s first M&A deal since its inception in 2015, and the company has an appetite for more. John Paasonen , Maxwell’s CEO and co-founder, said conversations between the company and the sellers started last fall. “They are bringing to us the scale and the relationship of their business.”

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Mortgage Technology Investing Business 396

Housing Wire

APRIL 30, 2023

We have to remember that a conventional seller is usually also a traditional buyer, so new listings growing toward their seasonal peak throws cold water on the idea that no one will list their homes because they already have a low mortgage rate (the mortgage rate lockdown theory).

Inventory 520

Inventory Housing Market Marketing New Listings 520

Housing Wire

DECEMBER 16, 2023

Weekly inventory change : (Dec. 8-15) : Inventory fell from 546,424 to 538,767 Same week last year (Dec. Because we saw stability in 2023, I was looking for some flat to positive year-over-year growth in the data during the second half of the year.

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Inventory New Listings Mortgage Law 535

Housing Wire

APRIL 26, 2022

The pro-competitive, pro-consumer local broker marketplaces serve the best interests of buyers and sellers. Local broker marketplaces ensure equity, transparency, and market-driven pricing options for the benefit of home buyers and sellers.

Brokerage 369

Brokerage Real Estate Agents Realtors 369

Housing Wire

DECEMBER 30, 2023

Since I believe most home sellers are also homebuyers, once new listings created a new low level after mortgage rates reached over 6% in 2022, it added another layer of home demand falling off a cliff. Weekly inventory change (Dec. 22-29) : Inventory fell from 528,601 to 513,240 Same week last year (Dec.

Inventory 515

Inventory New Listings Housing Market Mortgage 515

Housing Wire

JANUARY 20, 2024

13-20): Inventory fell from 473,406 to 472,852 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 933,746 Yes, the inventory growth rate slowed weekly, but I will take it! Most sellers are buyers, and new listing data decreased after rates increased in 2022.

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Inventory Mortgage New Listings Sellers 541

Housing Wire

FEBRUARY 4, 2024

Never forget most sellers are buyers of homes as well, especially if the economy isn’t in a job loss recession. Here is a look at last week: Weekly inventory change (Jan. 19-26) : Inventory fell from 503,233 to 497,389 Same week last year (Jan. Here is a look at last week: Weekly inventory change (Jan. But at least it’s positive!

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Inventory Mortgage New Listings Housing Market 517

Housing Wire

JANUARY 6, 2024

I believe we should get more sellers in 2024 than in 2023, but that doesn’t necessarily mean home prices will fall. While the percentage of price cuts is still much higher than 2021 levels, this explains why prices were stable in the second half of 2023 versus the second half of 2022.

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Inventory New Listings Housing Market Mortgage 542

Housing Wire

APRIL 6, 2024

This variable can change when we experience a recession or job loss.

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Inventory New Listings Mortgage Housing Market 473

Housing Wire

AUGUST 20, 2023

The last thing we want to see is more sellers calling it quits faster than the current trend. Will higher rates extend the inventory season, or are we going into the traditional seasonal decline? This data line is very seasonal, and we’ve already started the seasonal decline.

Inventory 370

Inventory Mortgage New Listings Sellers 370

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015.

Marketing 421

Marketing Inventory Renovations Investors 421

Housing Wire

JANUARY 28, 2021

Today, both sellers and buyers expect to handle a majority of the process online. Roberts said that of those 303 counties, 44% saw market-rate rents rise more than voucher values from 2015 to 2020. Still, federal law does not prevent landlords from rejecting all housing vouchers. Presented by: 1 Percent Lists.

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Landlords Tenants Law Legal 466

Housing Wire

APRIL 29, 2022

If I believe Twitter and the charts and graphs that show 2015 trends or 2020 trends or 1982 trends, I can’t help but to ask, what if these are not an indicator of today, but the beginning of a new normal? FHA, VA and USDA aren’t accepted by sellers. Any given year or decade, we see the same trends. If not, what does that mean?

Mortgage 370

Mortgage Real Estate Agent Technology Inventory 370

Housing Wire

JANUARY 30, 2024

And they’ve also been huge sellers of servicing over the last three years [often to each other].” The volume of MSR trading over the past three years has hovered around $1 trillion per year, nearly twice the volume of trading from 2015 to 2020, when the average was around $535 billion each year, Smith points out. “The

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Marketing Mortgage Sellers Buyers 408

Hank Miller Team

MARCH 21, 2022

BUYERS & SELLERS The overall "buyer's" or "seller's" market question is best answered visually. Balance was in place from about mid 2012 through mid 2015; at that point the market slowly settled to slightly favor sellers. There's so much more to know - ask us.

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Real Estate Marketing Sellers Inventory 98

Housing Wire

OCTOBER 19, 2023

Ketchmark also highlighted Figgs’ notes from a May 2015 Keller Williams meeting, in which she wrote that “ Gary [Keller] believes strongly in collusion theory for why commissions are stable. ‘Co-opetition.’” In her deposition, Figgs said that since sending the email to Gonzalez, she had “largely dismissed” the study. Co-opetition.’”

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Training Agents Real Estate Brokerage 410