Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. According to data from Statista , there were roughly 5.95 million homes bought and sold in the U.S. last year.

Loan Officers 397

Loan Officers Real Estate Agent Real Estate Finance 397

Real Estate News

MAY 25, 2023

The value prop of MLSs as data aggregation organizations could be industry-changing. But like in "Moneyball," they'll need to play the game differently.

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Housing Wire

MAY 25, 2023

Texas-based Colonial Savings, F.A. has decided to exit the origination business amid one of the most challenging cycles in decades, provoked by the Federal Reserve ‘s tightening monetary policy and a banking crisis. The company will focus on full-servicing banking and mortgage servicing businesses, it announced on Thursday. The origination activity will cease effective July 31, 2023, but all outstanding mortgage loans will continue to be serviced in accordance with the terms and condit

Business 384

Business Mortgage Loan Officers Inventory 384

Real Estate News

MAY 25, 2023

Low inventory combined with a lack of affordability continues to stifle spring sales nationally, though numbers were up in some regions.

Inventory 259

Inventory 259

Housing Wire

MAY 25, 2023

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). Year over year, pending home sales were down 20.3%, an improvement on the 23.3% annual drop recorded in March. “The housing market looks different than it does during a typical spring, when the market is usually in full gear,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

Inventory 382

Inventory Housing Market Contracts Government 382

Real Estate News

MAY 25, 2023

The 30-year fixed-rate mortgage rose to 6.57%, according to Freddie Mac’s weekly survey, while a daily survey put rates above 7%.

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Mortgage 245

Real Estate News

MAY 25, 2023

NAR was unsuccessful in its attempt to overturn the class action status of the $13 billion Moehrl suit.

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Inman

MAY 25, 2023

A federal appeals court on Wednesday denied a request from NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America to overturn class certification in the Moehrl lawsuit.

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Realtors Brokerage 156

Riverfront Appraisals

MAY 25, 2023

I feel like we all need a laugh. How about you? It seems like everywhere you turn all you read about or hear about is negative. Or heavy. Or sad. So with this post, I’m switching gears and I’m answering the question I get a ton from various friends. It usually comes up at a […] The post FAQ #19: What Are Some Of The Craziest Things You’ve Heard As An Appraiser?

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Appraisal 109

Inman

MAY 25, 2023

Watch the new Inman Access classes to better understand how to shift your mindset for business growth and discover the keys to inspire agent success and productivity in today's market.

Agents 143

Agents Business Marketing Brokerage 143

Eyes on Housing

MAY 25, 2023

Data from the Census Bureau’s latest Survey of Market Absorptions of New Multifamily Units (SOMA) indicates that multifamily market demand has softened as the percentage of apartments absorbed within the first 3 months of completion fell to 59.0% after six consecutive quarters of above 60.0% percent absorption. The absorption rate of unfurnished, unsubsidized apartments (the share rented out in the.

Marketing 97

Marketing 97

Inman

MAY 25, 2023

Davis's attempt to overturn a ruling sending the case to arbitration failed after a three-judge panel granted a motion to dismiss filed by Keller, Keller Williams and former KW President Josh Team.

Brokerage 139

Brokerage 139

Empire Appraisal Group

MAY 25, 2023

NEWS & MEDIA Andrea Antonetti / EyeEm / Getty Images Source: FHFA: Fla. has 6 of Top 10 Price-Increase Metros | Florida Realtors FHFA: Fla. has 6 of Top 10 Price-Increase Metros By Kerry Smith The FHFA House Price Index in 4Q 2022 found an 8.4% year-to-year rise – but 20.1% in top-ranking Bradenton. Of 100 metros, none in Fla. was lower than 31.

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Realtors Inventory Finance Housing Market 78

Inman

MAY 25, 2023

Although buyers provide a payday, listings give you the opportunity to grow your business and raise your profile in the local market. Jimmy Burgess and Curaytor's Jimmy Mackin discuss a strategy for maximizing the value potential of your next listing.

Buyers 142

Buyers Business Marketing Agents 142

GoForrmz

MAY 25, 2023

“ you go from 60 cents up to a $1.97 for a stamp to only needing 20 cents to use a public form link for all the necessary paperwork. ” — Corey Bland, Development Manager, CCDC About CCDC CCDC, which was founded in 2002 in Central Illinois and has been serving Christian County for over 20 years, operates in the affordable housing sector.

Inspection 78

Inspection Development Housing Market Marketing 78

Inman

MAY 25, 2023

A well-designed email with meaningful content helps to build your brand while you generate and nurture leads, writes broker Eric Bramlett. It's an incredibly effective, efficient and affordable way to reach your SOI and local market.

Design 139

Design Marketing Agents 139

Buys Brokers Only LLC

MAY 25, 2023

Over the last decade, median home prices in Greater Boston and Massachusetts have steadily climbed, accelerating during the COVID-19 Pandemic due to increased demand and short supply.

Real Estate 55

Real Estate Marketing Realtors 55

Inman

MAY 25, 2023

Stay, go or go back? When you’re not content with your real estate brokerage, it can be tough to make the choice. Here, The Agency’s Farah Levi gives guidance on things to consider before making a major move.

Agents 133

Agents Brokerage Real Estate 133

BiggerPockets

MAY 25, 2023

Real estate professionals use the 1% rule to determine whether a property is a good investment.

Real Estate 74

Real Estate Investing 74

Inman

MAY 25, 2023

Being the leader of a real estate agency requires a deep commitment to supporting your agents in every way possible to ensure their success and well-being, writes Seattle broker Adriano Tori.

Real Estate 129

Real Estate Agents Development Brokerage 129

Mortgagebroker News

MAY 25, 2023

Survey says majority of mortgage holders haven’t been advised on how it fits into long-term financial strategy

Mortgage 69

Mortgage 69

Inman

MAY 25, 2023

NAR numbers show that, while most regions of the country saw month-over-month gains, pending home sales in the Northeast pulled down the national average.

Marketing 133

Marketing 133

BiggerPockets

MAY 25, 2023

Retirement is always some far-off goal. When you’re older and much more wealthy, you can live the golden years of your life without a care in the world. The problem?

Finance 55

Finance 55

Inman

MAY 25, 2023

The portal's co-founder and former CEO also said that Zillow's impact includes creating tens of thousands of new "super agents.

Agents 142

Agents Technology 142

BiggerPockets

MAY 25, 2023

The US real estate market is a bit complex. In the South, homes are still quickly getting under contract as those from the North and West move to warmer climates.

Investors 55

Investors Marketing Contracts Real Estate 55

Inman

MAY 25, 2023

Being named to Entrepreneur magazine's 2023 Franchise 500 list puts some wind in the sails of the company's long-term goals.

Mortgage 128

Mortgage Business Finance Brokerage 128

Mortgagebroker News

MAY 25, 2023

Two of the Big Six banks posted lower-than-anticipated earnings during the second quarter

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Inman

MAY 25, 2023

Find out how Pennsylvania independent broker Erica Ramus got her start and what advice she'd offer to brokers and agents.

Realty 126

Realty Agents Brokerage 126

Mortgagebroker News

MAY 25, 2023

Nearly one in three first-time buyers has benefited from the Bank of Mom and Dad

Buyers 69

Buyers 69

Inman

MAY 25, 2023

Doss 2.0 has been released, and it’s been enhanced with a deep integration of ChatGPT-4, the newest iteration of OpenAI’s artificial intelligence content generator.

Technology 106

Technology 106

Mortgagebroker News

MAY 25, 2023

The region continues to labour under sustained pressure from market demand

Marketing 69

Marketing 69

Clear Capital

MAY 25, 2023

Story by Kenon Chen for HousingWire These days I start every conversation with, “Yes, I have used ChatGPT,” just to get that out of the way for the sake of efficiency. The speed of discourse about Generative AI in all aspects of life from personal to business topics has been astounding. And while the use cases for generative AI as a consumer, such as internet searching, customer service and random poem writing for hours (who, me?

Training 36

Training Mortgage Business 36

Mortgagebroker News

MAY 25, 2023

Greater knowledge is the window to establishing a wider range of options

Clients 69

Clients 69

Clear Capital

MAY 25, 2023

Story by Kenon Chen for HousingWire These days I start every conversation with, “Yes, I have used ChatGPT ,” just to get that out of the way for the sake of efficiency. The speed of discourse about Generative AI in all aspects of life from personal to business topics has been astounding. And while the use cases for generative AI as a consumer, such as internet searching, customer service and random poem writing for hours (who, me?

Training 36

Training Mortgage Business 36