Housing Wire

OCTOBER 15, 2020

A Q3 2020 rise in vacant foreclosures signals a possible re-escalation in a hard-fought battle against neighborhood blight in which many cities have just recently gained the upper hand. “We When we began a decade ago there was much more blight. There were more than 5,000 vacant properties. nationwide in the second quarter.

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Buyers Development Renovations Retail 339

Housing Wire

JANUARY 28, 2021

Today, both sellers and buyers expect to handle a majority of the process online. The Department of Housing and Urban Development attempted to crack down on landlord discrimination back in 2018. Roberts said that of those 303 counties, 44% saw market-rate rents rise more than voucher values from 2015 to 2020.

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Landlords Tenants Law Legal 466

Housing Wire

FEBRUARY 9, 2024

CoStar, which has long been known as a commercial real estate listing giant, began making a play for a slice of the residential listing pie when it acquired Homesnap and Homes.com in 2020 and 2021, respectively. We are confident that we have built the best site possible for both the agents, and the home buyers and seller,” Florance said.

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Marketing Advertising Real Estate Real Estate Agent 450

Housing Wire

APRIL 7, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and home sellers while also playing an expanding role as personal advisors. markets; by December 2020, prices were already up 23.6% Presented by: Propertybase.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

DECEMBER 19, 2023

The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. Both MLS PIN and the DOJ declined to comment on this latest development in the lawsuit.

Real Estate Agent 421

Real Estate Agent Real Estate Buyers Realtors 421

Housing Wire

JUNE 28, 2022

Since the summer of 2020, I have talked about how to cool down home sales: we need the 10-year yield to break over 1.94%. The reality is that home sellers and builders had too much pricing power. Also, certain investors felt no fear post-2020. To sum it up, this is not how I wanted 2020-2024 to turn out.

Housing Market 458

Housing Market Marketing Inventory Investors 458

Housing Wire

MAY 11, 2021

The San Francisco-based instant homebuyer announced a net income loss of $270 million on Tuesday, a 421 percent jump compared to the first quarter of 2020’s $62 million deficit. The Q1 2021 loss approached Opendoor’s $280 million net income loss for all of 2020. And by some secondary measurements, Opendoor is growing.

Real Estate Agent 370

Real Estate Agent Real Estate Brokerage Inventory 370

Housing Wire

FEBRUARY 15, 2024

The suit was first filed in 2020 in U.S. These settlements are largely not new developments and Plaintiffs make no showing of hardship or inequity if they were required to go forward with their case against the HomeServices Defendants.” District Court in Boston.

Brokerage 421

Brokerage Real Estate Agent Buyers Real Estate 421

Housing Wire

MAY 10, 2021

David Doctorow : We feel for home buyers and sellers. If you needed a doctor or a lawyer, you’d expect those professionals to be knowledgeable about the latest developments in treatment options or how changes in the law might affect your case. Instead, embrace change, and make it work for you. .

Real Estate Agent 441

Real Estate Agent Real Estate Agents Marketing 441

Housing Wire

MARCH 23, 2021

The full extent of fraud in the mortgage industry may be impossible to fully quantify, but the 2020 True Cost of Fraud study by LexisNexis Risk Solutions estimated that the cost of fraud has risen 7.3% across U.S. retailers and e-commerce merchants, and every $1 of fraud now costs $3.36, up from $3.13

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Lending Mortgage Sellers Technology 450

Housing Wire

JANUARY 14, 2022

Founded in 2000, Scottsdale, Arizona-based HomeSmart is the seventh largest brokerage in the country by transaction sides, or how many times a HomeSmart agent represented the buyer or seller in a deal, according to RealTrends. HomeSmart’s revenue soared 74% from the first nine months of 2020, when the company reported $275 million generated.

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Brokerage Agents Real Estate Loan Officers 421

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Eric Levin is EVP of Client Development at Model Match.

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Mortgage Inventory Real Estate Technology 512

Housing Wire

OCTOBER 19, 2022

The Mortgage Bankers Association (MBA) forecasts that if the mortgage industry experiences a 65% drop in origination volume between the fourth quarter of 2020 and the first quarter of 2023, production employment will likely need to be scaled back by 24 to 31%. Department of Housing and Urban Development (HUD).

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Mortgage Contracts Design Government 410

Housing Wire

MAY 13, 2021

“While still strong, this sales pace remains below the 877,000-sales pace seen in the second half of 2020.”. of homes sold in the fourth quarter of 2020 that were affordable to households earning the median income of $78,500. of loan applications, followed by just 15.8% of FHA loans, 10.3%

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Construction Government Inventory Mortgage 466

Housing Wire

APRIL 8, 2021

Those high prices are being felt locally, as only 31 homes were sold in March this year as opposed to 44 sold in March 2020. Homes in Logan are only staying on the market for an average of eight days; in 2020, homes were staying on the market for an average of 25 days. “And it was a cash offer,” she said.

Housing Market 421

Housing Market Marketing Sellers Buyers 421

Housing Wire

JUNE 24, 2021

Buyside has more product development underway with additional features launching in Q3 such as predictive intelligence to identify who is going to transact next, based upon their behaviors and similar journeys others have taken in the past. For more information, visit getbuyside.com or email sales@getbuyside.com.

Valuation 394

Valuation Real Estate Agent Real Estate Clients 394

Appraisal Buzz

DECEMBER 27, 2021

Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. Five months later, the frequency increased to 19%, leaving homebuyers to either pay more out of pocket or request the seller to lower their asking price. Pump-and-dump property financing could also become an issue.

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Appraisal Valuation Modernization Contracts 397

Housing Wire

MAY 23, 2023

This new development is being propelled by an alleged Fannie Mae “request” that, according to industry sources, was made recently of several lenders active as buyers in M&A deals. The seller continues to have an obligation to manage their company that they still own after an asset deal,” one industry source explained.

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Buyers Sellers Finance Contracts 397

Housing Wire

AUGUST 9, 2023

Maintaining a consistent pipeline of potential buyers and sellers ensures the business’s sustainability and growth, but it requires an immense amount of work and marketing expertise, which is often outside an agent’s core competencies. Since 2020, Addressable has facilitated nearly $2 Billion in home sales across 44 states.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. When asked how relevant this business will be, Garg refers to Amazon , a company that drives two-thirds of its sales from third-party sellers. “We ” And what is Better.com best at? We aim for a similar mix.”

Realtors 370

Realtors Technology Insurance Mortgage 370

Lamacchia Realty

JANUARY 20, 2023

Deanna has qualified for President’s Club every year since the program’s inception, also making it in  2017 ,  2018 ,  2019 ,  2020 , and  2021. She joined Lamacchia Realty in early 2016 and always strives to make her buyers and sellers her top priority. She is an exceptional REALTOR® and always puts her clients' needs first.

Realty 69

Realty Realtors Real Estate Sellers 69

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. percentage points of the loan amount,” Nunziata said.

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

AUGUST 25, 2022

The company also launched temporary rate buydowns, which allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment. It comes at a time in which the housing market favors buyers and seller concessions become more frequent. ” Tapping that equity.

Mortgage 397

Mortgage Loan Officers Finance Investors 397

Appraisal Buzz

MAY 2, 2022

The infrastructure bill enables this expansion in renewable energy usage by building thousands of miles of transmission lines and investing in research and development into initiatives like carbon capture and electricity distribution technologies. Sellers will also have an easier time finding buyers because people can spend more freely.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Lamacchia Realty

FEBRUARY 1, 2022

When sellers hear that they often say : “But what if I can’t find the home I want? They become what we call Worried Sellers. The correct steps to selling and buying a home go like this: Find an EXPERT Realtor and develop a plan. Sellers always have the option to not accept any offers if they don’t meet their needs.

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Sellers Buyers Real Estate Real Estate Agent 74

Lamacchia Realty

JANUARY 6, 2023

In 2022, these were the 10 most popular articles on our blog, covering a range of topics including market analysis, new developments, and homebuying tips. We can now connect sellers who have low-rate assumable mortgages with active buyers! After a crazy 2020 and 2021, we all began to wonder - when this market change? Click Here.

Realty 55

Realty Law Sellers Real Estate 55

Lamacchia Realty

MAY 25, 2021

The growth in agent count has been exponential since May of 2019 when Lamacchia announced that it had surpassed 200 agents and, most recently in September of 2020, 300 agents. The amount of agents we have is a big contributor to how many home buyers and sellers we serve. Vice President of Business Development. Anthony Lamacchia.

Realty 69

Realty Agents Brokerage Real Estate 69

Housing Wire

SEPTEMBER 7, 2022

a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via the U.S. IPO to continue developing its business operations in Japan, to expand a startup online listing network and for general corporate purposes. stock market. stock exchange.

Development 384

Development Real Estate Luxury Properties Construction 384

Lamacchia Realty

FEBRUARY 9, 2022

In 2020, Kate won the A ward for Most Takens , meaning she signed up the most buyers or sellers in the company. Vice President of Business Development. She finished off the year with an impressive 52 transactions. This is a huge accomplishment for Kate, who joined Lamacchia Realty only two years ago. Congratulations, Kate!

Realty 68

Realty Clients Business Realtors 68

Lamacchia Realty

JANUARY 3, 2024

Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020, 2021, and 2022 President’s Club , and the 2020 , 2021, 2022 President’s Club ELITE. She was awarded Most Transactions and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office.

Realtors 73

Realtors Realty Real Estate Clients 73

Lamacchia Realty

DECEMBER 23, 2021

Jason’s high level of knowledge of the industry and 14 years of experience working with hundreds of buyers and sellers have allowed him to be an excellent resource for his clients and fellow REALTORS®. that it is anticipated that 2019 and 2020 (postponed due to pandemic) members will be vacationing at the same resort in Winter 2022.

Realty 71

Realty Clients Realtors Sellers 71

Lamacchia Realty

OCTOBER 25, 2023

Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. Fewer sellers need to adjust their price because, again, it’s a seller’s market. It means they’re down.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Housing Wire

NOVEMBER 9, 2020

During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly. Earlier this year, Fannie Mae and Freddie Mac modified their Seller Guides and provided guidance on several policy areas to support mortgage originations.

Law 441

Law Legal Technology Real Estate 441

Lamacchia Realty

APRIL 8, 2024

A consistent NCMAR Top Producer since 2000, Laurie has earned President’s Club honors five times, including 2019 , 2020 , 2021 , 2022 , and 2023 , and achieved President’s Club ELITE status in 2021 , 2022 , and 2023 ! Anthony is a member of the 2020 , 2021 , 2022 , and 2023 President’s Club.

Realtors 71

Realtors Realty Real Estate Agents 71

Lamacchia Realty

JULY 7, 2023

Kevin came in hot and, in 2020, he was announced as the 2020 Rookie of the Year with 9 sales in his first 6 months at Lamacchia Realty! Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

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Housing Market Bracketing Marketing Sellers 65