Housing Wire

APRIL 22, 2024

The article also notes that reverse mortgages are a potentially valuable tool for seniors in the current housing environment. According to data from Harvard University ’s Joint Center for Housing Studies (JCHS), the share of older adults carrying mortgage debt rose significantly between 1989 and 2022, going from 24% to 41%.

Tenants 387

Tenants Mortgage Insurance Tools 387

Appraisal Today

MAY 17, 2024

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” Popular tools include Synapse by Spark, Solomon Adjustment Calculator, and Redstone by Bradford Technologies.

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Tools Appraisal Renovations Design 64

Housing Wire

APRIL 8, 2024

In addition to the monetary award, Real has also agreed to implement business policy changes as part of the settlement, including “clarifications about the negotiability of commissions, prohibitions on claims that buyer agent services are free, and the inclusion of listing broker compensation offers in communications with clients.”

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Brokerage Real Estate Agent Real Estate Clients 345

Housing Wire

FEBRUARY 9, 2023

Its Loan Acquisition System (LAS) provides an end-to-end solution for buyers and sellers of loans. In 2022, LauraMac was used to perform diligence for more than 35,000 loans with more than 1000 users. LoanLogics provides lenders technology to automate the mortgage process.

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Technology Tools Buyers Sellers 256

Housing Wire

SEPTEMBER 28, 2023

Our market is popular with out-of-state buyers and agents relocating from other states. We were completely blown away by the tools and technology and the culture of RE/MAX,” Owen Boone, RE/MAX Foxfire’s vice president and director of operations, said in a statement.

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Brokerage Technology Agents Training 347

Housing Wire

JANUARY 26, 2023

It is also training machine learning models to get better at responding to users’ queries in “human-like sentences.” “Beyond easy-to-filter criteria like bedrooms and bathrooms, buyers are considering many other specific features that match their unique lifestyle,” Jenny Arden, Zillow’s chief design officer, said in a statement.

Open Houses 355

Open Houses Tools Real Estate Modernization 355

Housing Wire

NOVEMBER 8, 2023

The National Association of Realtors (NAR) on Wednesday unveiled its state flood disclosure tracker tool , aiming to offer clarity and access to survey existing state disclosure requirements for flood insurance. Department of Homeland Security ’s Assistant Secretary for Legislative Affairs Alice Lugo to Vice President Kamala Harris.

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Legal Law Insurance Real Estate 316

Housing Wire

JUNE 6, 2023

One resource unveiled by Chase is Lock and Shop, which enables buyers to lock in their mortgage rate for 90 days without an upfront fee when using Chase Homebuyer Advantage. We’re excited for consumers to explore our updated offerings and engage with tools that can help them achieve homeownership.”

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Lending Buyers Tools Design 309

Housing Wire

FEBRUARY 11, 2022

The VA loan is an important financing tool for VA-eligible borrowers to achieve their homeownership dream. And since 2017, VA purchase loans helped roughly 200,000-230,000 VA-eligible first-time home buyers per year become homeowners. . So, what will 2022 look like for the VA FTHB borrowers? Source: Polygon Research.

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Buyers Lending Finance Tools 380

Housing Wire

JANUARY 17, 2024

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade.

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Finance Real Estate Agent Real Estate Insurance 419

Housing Wire

MAY 24, 2023

For many buyers, closing day represents the beginning of the next chapter in their lives – having a new place to celebrate important milestones and create new memories. Unfortunately, as buyers are preparing for this momentous day, wire fraud – a scam in which cybercriminals attempt to steal buyers’ hard-earned money – poses a serious threat.

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Real Estate Buyers Real Estate Agent Sellers 356

Housing Wire

MARCH 1, 2023

The goal of the expansion is to provide homeowners and buyers, along with real estate, legal, and tax professionals, the option to order an appraisal directly through Opteon’s services, according to a statement from the company. managing director of Opteon, said in the statement.

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Appraisal Valuation Technology Real Estate 319

Housing Wire

MAY 29, 2024

million in October 2022 before gradually declining. The numbers indicate that members continue to recognize the value of the advocacy, resources and tools available through NAR.“ Economists and analysts say the “decoupling” of buyer and seller commissions will convince a significant number of Realtors to abandon the field.

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Realtors Agents Inventory Modernization 302

Housing Wire

SEPTEMBER 21, 2023

It’s now entirely possible for us to qualify buyers for their dream home by the time they leave the open house. Production volume in the first half of this year was down about 47% from the same period in 2022. Agents submitting an offer at 8:30pm? The lender originated $10.6 As of June 2023, Guaranteed Rate had a 2.5%

Open Houses 383

Open Houses Contracts Finance Tools 383

Housing Wire

APRIL 3, 2024

Zillow is mostly known for its practice of selling buyer agent leads through its Premier Agent program, while Homes.com has touted its “your listing, your lead” model, which focuses on seller agents. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

Real Estate 358

Real Estate Agents Buyers Business 358

Listing Spark

APRIL 17, 2024

By regularly assessing the digital (and analog) processes you use and considering the benefits new tools have to offer, you can strengthen your operations and remove costly inefficiencies. Even adding instant messaging tools can help you quickly reach out to your preferred specialists and get inspections or services scheduled immediately.

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Tools Modernization Real Estate Real Estate Agent 36

Housing Wire

AUGUST 25, 2022

The company says that the new platform, known as PRISM , combines automation and marketing tools, allowing First American policy-issuing title agents to offer products and services directly to their customers via any computer or mobile device at any time.

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Agents Real Estate Agent Real Estate Sellers 336

Housing Wire

SEPTEMBER 11, 2023

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. Michael Chew: First, consider the first half of 2022; some areas were still dealing with or just coming out of pandemic -related foreclosure moratoriums and restrictions.

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Inventory Technology Design Tools 370

Housing Wire

SEPTEMBER 11, 2023

The New York-based independent bank exceeded its 2022 production volume of $400 million in August, but the end goal is far more ambitious: The company is aiming to produce between $3 billion to $5 billion in origination volume annually. Target buyers for Cliffco include non-traditional buyers seeking investor loans.

Loan Officers 365

Loan Officers Agents Retail Technology 365

Appraisal Buzz

AUGUST 22, 2022

In this case, buyers expected interest rate increases to continue. This expectation creates an incentive for some potential buyers (who could still afford the higher payments) to purchase now. June 2022 was considered the benchmark, as the most recent time period for which data was available.

Marketing 394

Marketing Tools Appraisal Buyers 394

Housing Wire

SEPTEMBER 22, 2022

A Spanish website and mortgage applications tool to help Hispanics overcome language barriers went live this week by CrossCountry Mortgage. The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes. Presented by: Mortgage Coach.

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Marketing Tools Loan Officers Finance 340

Housing Wire

JANUARY 9, 2023

Rocket Pro TPO’s executive vice president Mike Fawaz said in an interview with HousingWire that the Fee Freedom initiative rolled out on Monday morning and aims to give the broker community “tools” to drum up business. Rocket recently rolled out a Purchase Plus product that provides up to $7,500 in credit for first time buyers.

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Mortgage Clients Retail Buyers 433

Housing Wire

SEPTEMBER 11, 2023

Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home. “Its This deal strengthens our offerings and gives us more tools to serve more customers looking for a better way to buy and sell a home.”

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Contracts Real Estate Agent Tenants Retail 330

Housing Wire

MARCH 1, 2023

The move gives Stewart additional tools to drive insights into a customer’s financial profile across multiple channels. The company said it will streamline the loan underwriting process, more efficiently qualify buyers, improve closing ratios and expand access to mortgage credit. Terms of the deal were not disclosed.

Business 316

Business Insurance Tools Lending 316

Lamacchia Realty

JANUARY 11, 2023

Lamacchia Realty achieved multiple Number One Rankings for Market Share in 2022 in Worcester County, Hudson, Woburn, & Leominster. In addition to the company’s tools for Realtors , Lamacchia offers unique programs for buyers and sellers, including their Offer Now program along with aggressive marketing strategies.

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Realty Marketing Realtors Brokerage 73

Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process.

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Housing Market Realtors Buyers Inventory 402

Housing Wire

AUGUST 18, 2023

based firms on percentage revenue growth from 2019 to 2022. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. 436 in 2022 to No. The brokerage also recorded 50,565 transaction sides in 2022, for a total of $20.887 billion in sales volume, helping United Real Estate take the No. They must be U.S.-based,

Brokerage 365

Brokerage Real Estate Realty Real Estate Agent 365

Housing Wire

JANUARY 12, 2023

Everyone in the mortgage and real estate industry is well aware of the shift in the market we experienced in 2022. Most, if not all, would describe the first half of 2022 and the last half of 2022 being two vastly different markets. .

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Marketing Inventory Real Estate Clients 307

Housing Wire

FEBRUARY 19, 2024

Conversely, slowing home price appreciation can help accelerate the rate of lost equity as it did in 2022, when distressed homeowners lost an average of $1,453 a month. And when home price appreciation slows or goes negative, as it did for a few months in 2022, the home equity hole is dug faster. Of more than 8.7

Real Estate 384

Real Estate Property Taxes Insurance Government 384

Housing Wire

JUNE 5, 2023

Stoy’s expertise has been recognized as he was named a UWM Top 1% Broker and a Top-100 Purchase LO with UWM in 2022. ” With the addition of MC Mortgage Group, UMortgage will gain a team of 10 loan originators who will continue to provide exceptional homebuying experiences to buyers across North and South Carolina. .

Mortgage 329

Mortgage Brokerage Retail Tools 329

Housing Wire

MARCH 25, 2022

HousingWire: What is your most useful tech tool? Arjun Dhingra: My most useful tech tool is my social media (all of it). HousingWire: What do you think will be the big themes for the housing market in 2022? To learn more about HW Annual 2022, click here.

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Inventory Technology Real Estate Agent Tools 329

Appraisal Today

JULY 14, 2023

What tool do you prefer to use when measuring a house? In May of this year, the typical buyer spent just under a third of their household income, about 32.8%, on housing. As uncomfortable as that might be, it’s not even close to how much buyers plunked down in the early 1980s. Phone app. – The jumbo rate also increased to 7.04

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Tools Appraisal Insurance Contracts 77

Housing Wire

NOVEMBER 18, 2022

This week, American Financing Corporation reduced employee headcount by almost two thirds and power buyer Homeward slashed 25% of its workforce as the companies faced headwinds. The company’s volumes declined from more than $500 million in March 2022 to less than $100 million in October, Modex’s data shows. Presented by: ServiceLink.

Loan Officers 389

Loan Officers Modernization Finance Housing Market 389

Housing Wire

AUGUST 21, 2023

based firms on percentage revenue growth from 2019 to 2022. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. million in a Series A funding round in 2022. Interestingly, none of the top three companies on the 2023 list made the cut in 2022. The self-reported list ranks U.S. They must be U.S.-based,

Real Estate 350

Real Estate Real Estate Agent Technology Investors 350

Lamacchia Realty

JANUARY 11, 2023

The Lamacchia Realty market share county-wide is very strong. Laurie Howe Bourgeois ranked as the number one REALTOR® in both Leominster and Fitchburg for 2022. Lamacchia Realty has been serving buyers and sellers since 2006.  Jan 1st – Dec 31st, 2022 . Her sales had a big impact on the office’s number one ranking.

Realty 65

Realty Brokerage Realtors Training 65

Housing Wire

MARCH 1, 2023

That interest-rate tool is coupled with another lever known as tapering, which involves the Fed orchestrating a major retreat from the agency MBS market by allowing assets to run off its $2.6 And there’s still subdued demand from the traditional buyers of MBS. to 4.75% range, up from 0.25% a year ago.

Marketing 352

Marketing Investing Mortgage Investors 352

Housing Wire

JANUARY 26, 2024

They will try to woo you with promises of free marketing materials, high commission splits, and fancy tech tools. Marketing and Technology: The marketing strategies and technology tools provided for agents. Additionally, they have budgeted nearly $1B in the next 10 years to continue improving tools and support for their agents.

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Real Estate Brokerage Agents Real Estate Agent 378