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.

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Mortgage Marketing Housing Market 452

Appraisal Buzz

MAY 13, 2024

I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the pages of each book. By the time I got the new book, the sales were already a bit dated, and since they were only closed sales – they had actually sold a few weeks to months prior. Each month there was a new book, but every 6 months, there was a combined book with the last 6 months of sales in one bound and printed book.

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Sacramento Appraisal Blog

MAY 14, 2024

Has the spring market peaked? There is a good chance it has. Let’s talk about that today. This post is designed to skim by topic or digest slowly. UPCOMING SPEAKING GIGS: 5/15/24 KW Roseville Event (open to real estate pros) 6/5/24 Marketing Mastermind (register here) 6/6/24 Golden 1 Credit Union (details TBA) 6/11/24 Elk Grove […] The post Has the housing market peaked for the spring?

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Housing Market Marketing Design Real Estate 255

George Dell

MAY 15, 2024

It is easy to be critical. Harder to be “right.” In order to be really right, it is important to know how to be very critical! Critical thinking is a professional must. Rule #1: Remember that imposing your belief comes first. Rule #2: How you got to your starting position doesn’t really matter. Rule #3: […] The post Get Critical? appeared first on George Dell, SRA, MAI, ASA, CRE.

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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.

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Appraisal Buzz

MAY 15, 2024

Machines à Sous Casino Gratuit Or, le résultat n’est souvent pas à la hauteur des attentes. Pour immerger les joueurs dans le thème casino vous pouvez agrémenter votre salle ou table de réception de décoration avec des jetons, cartes ou faux dollars. De plus, les retraits sont extrêmement rapides et mettent seulement quelques minutes à arriver en fonction de l’état du réseau.

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Inman

MAY 15, 2024

The lender boosted mortgage volume 25 percent from Q4 but suffered a $51 million loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future "lies in Uberizing the loan officer.

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Housing Wire

MAY 15, 2024

From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. But as time dragged on and state lawmakers seemed unwilling to seriously entertain the proposal, the ravages of the COVID-19 coronavirus pandemic helped to change the dynamics of the situation.

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Logistics Mortgage Law Business 392

Appraisal Buzz

MAY 15, 2024

Mortgage application volume increased 0.5% during the week ended May 10, as the average rate for a 30-year, fixed-rate mortgage dropped to 7.08%, down from 7.18% one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. Applications for refinances increased 5% compared with the previous week and were up 7% compared with the same week one year ago.

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Real Estate News

MAY 14, 2024

Damian Eales told Real Estate News that he loves competition but takes issue with Homes.com’s traffic claims and says they have “disparaged” buyer agents.

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Real Estate Agents Buyers 229

Inman

MAY 15, 2024

On the heels of the National Association of Realtors’ midyear meeting, broker-owner Teresa Boardman wonders why NAR doesn’t livestream (and engage) more members.

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Realtors Brokerage Agents 178

Housing Wire

MAY 14, 2024

Dark Matter Technologies , formerly Black Knight Origination Technologies , named Vikas Rao as its deputy chief product officer, the company announced on Tuesday. In his new capacity, Rao will directly report to chief product officer Stephanie Durflinger. His responsibilities will include overseeing enhancements to the Empower loan origination system (LOS) and establishing Dark Matter’s developer community.

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Technology Development Mortgage 404

Appraisal Buzz

MAY 15, 2024

Today on the Appraisal Buzz, host Hal Humphreys interviews Craig Capilla, Partner of Franklin, Greenswag, Channon & Capilla and one of the leading lawyers representing appraisers for the real estate appraisal industry. Craig tells us a bit about his history in the industry and how he ended up as a lawyer working with real estate appraisers. We also discuss some of the takeaways appraisers can glean from Capilla’s “Mock Trial” session at the ACTS conference this year.

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Real Estate Appraisal 195

Real Estate News

MAY 15, 2024

Sentiment drops for the first time since November, with persistent inflation and concerns about new federal rules dampening builders’ outlook.

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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.

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Design 186

Housing Wire

MAY 14, 2024

Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America , knows a lot about the intersection between the interests of financial planning professionals and reverse mortgage industry members. Financial planners have been, and remain, one of the most sought-after referral partnerships for reverse mortgage professionals to establish ties with.

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Finance Insurance Business Investing 403

Appraisal Buzz

MAY 14, 2024

Demand for vacation-home mortgages fell 40% in 2023 as the average U.S. home price surged to a record high, Redfin reports. Austin and the Bay Area saw the biggest declines in mortgages for second homes in 2023, according to the firm. In total, U.S. homebuyers took out 90,772 mortgages for second homes in 2023, Redfin’s data shows. That’s down 65% from the height of the pandemic housing boom in 2021.

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Real Estate News

MAY 13, 2024

Membership numbers defied expectations, while member dues and leadership announcements paint a picture of an association focused on stability.

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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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Housing Wire

MAY 15, 2024

Many prospective U.S. homebuyers fear missing out on the perks of owning a home. According to the newest Bank of America Homebuyer Insights Report , 72% of respondents worry about potential rent hikes impacting their finances. The report also reveals growing uncertainty about whether to rent or buy, with 57% of survey respondents unsure if now is a good time to purchase a home, compared to 48% last year.

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Buyers Lending Finance Marketing 379

Appraisal Buzz

MAY 14, 2024

Vikas Rao has joined Dark Matter Technologies as deputy chief product officer. Rao has over 15 years of experience in software engineering, product management and technology leadership spanning public and private companies within the mortgage industry and in Silicon Valley’s startup scene. He previously served as vice president of product management for mortgage origination technology provider Ellie Mae.

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Technology Development Mortgage Appraisal 195

Real Estate News

MAY 15, 2024

Rates have gone up considerably in the past few years, but is the fear of losing a low-rate mortgage really keeping homeowners from selling?

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Housing Market Mortgage Marketing 198

Inman

MAY 14, 2024

Take into account the way you like to work, your level of expertise and your desire for collaboration when considering the brokerage model that works best for you and your business.

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Brokerage Business 166

Housing Wire

MAY 14, 2024

Better Home & Finance Holding Co. , the parent of digital lender Better , strongly improved its mortgage production and revenues in the first three months of 2024. But expenses continued to increase and the company remained unprofitable during the period. Better posted a net loss of $51.5 million from January to March, up from a loss of $50.8 million in the previous quarter and down from a loss of $87.6 million in the same period last year, according to filings with the Securities and Exchan

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Loan Officers Business Finance Mortgage 395

Appraisal Buzz

MAY 14, 2024

Mitch Bledsoe has been promoted to chief technology officer for LERETA , which provides real estate tax and flood services for mortgage servicers. Bledsoe, who joined LERETA in 2022, was previously senior vice president of enterprise technology. Bledsoe has more than 20 years of experience in technology management including leading numerous domestic and international teams through successful large-scale product development efforts, legacy modernizations, and the buildout and maintenance of suppo

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Technology Modernization Development Design 195

Real Estate News

MAY 11, 2024

Largest Fort Worth independent chooses Real; New England's Portside Real Estate acquires boutique Maine firm; KW celebrates annual RED Day.

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Brokerage Real Estate 224

Inman

MAY 14, 2024

The changing real estate landscape and media misinformation are creating confusion for homesellers. Mega-team leader Carl Medford lays out the facts so that you can educate your clients.

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Sellers Real Estate Clients Brokerage 150

Housing Wire

MAY 14, 2024

Financial services company LERETA appointed Mitch Bledsoe to the position of chief technology officer, the company announced on Tuesday. Bledsoe joined LERETA in 2022 to serve as the senior vice president of enterprise technology. In his new role, Bledsoe will be responsible for the company’s technology innovation, design, infrastructure, application management and data service offerings.

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Technology Design Real Estate Development 389

Appraisal Buzz

MAY 13, 2024

Mortgage rate lock volume increased 8.7% in April compared with March and was up 5% compared with April 2022, according to Optimal Blue’s Originations Market Monitor. It was the first annual gain since the Fed rate hikes began two years ago, in March 2022. The jump in April was mainly driven by an 11.0% month-over-month increase in purchase lock volume.

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Mortgage Marketing Appraisal 195

Real Estate News

MAY 14, 2024

The acquisition of Parks Real Estate and its 1,500 agents now makes Compass the biggest brokerage in the state.

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Brokerage Real Estate Agents 227

Inman

MAY 14, 2024

Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent "substantial benefits" for sellers.

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Sellers Realtors Brokerage Agents 144

Housing Wire

MAY 15, 2024

In the contemporary digital landscape , one of the principal threats to an organization’s cybersecurity infrastructure stems from sophisticated email phishing attacks. The increasing complexity of these tactics necessitates a strategic approach to arm employees with essential skills and knowledge, thereby enhancing their ability to recognize and neutralize such threats.

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Training Tools Technology 368

Appraisal Buzz

MAY 13, 2024

Jason Mapes has joined Floify , which offers a point-of-sale (POS) solution for mortgage lenders, as head of sales. Mapes has 23 years of experience in the mortgage industry. He previously served as director of sales for nCino’s Mortgage Suite. He has also held roles with Ellie Mae (now ICE Mortgage Technology), Unify and Lenders One. His deep understanding of the mortgage technology ecosystem and relationships with mortgage industry professionals will be instrumental in expanding Floify’s marke

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Real Estate News

MAY 11, 2024

In a 40-page filing, Judge Bough lays out his reasons for rejecting arguments from the May 9 hearing, and said lawyers can collect a third of settlement funds.

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