Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. RE/MAX Foxfire has 165 agents , who collectively closed nearly $400 million in sales volume in 2022, according to the brokerage.

Brokerage 358

Brokerage Technology Agents Training 358

Housing Wire

AUGUST 31, 2023

During his tenure, Wiener first served as a product manager for agent tools. In a housing market with elevated mortgage rates and low inventory , Redfin’s second quarter revenue was $275.6 million, a decrease of 21% compared to the second quarter of 2022. His last day at the company will be Friday, Sept.

Real Estate 371

Real Estate Brokerage Insurance Tools 371

Housing Wire

NOVEMBER 10, 2023

While the current climate may be causing existing-home sales and inventory to fall, it’s driving renewed interest in home equity options. Home equity line of credit (HELOC) and home equity loan originations increased 50% in 2022 compared to two years earlier, according to the Mortgage Bankers Association ’s Home Equity Lending Study.

Lending 369

Lending Tools Inventory Renovations 369

Housing Wire

MARCH 17, 2022

While home purchase demand has moderated, it remains competitive due to low existing inventory, suggesting high house price pressures will continue during the spring homebuying season.”. Zillow reported late last week that inventory dropped to 729,000 home listings in February, a 25% drop year-over-year and a 48% fall since February 2020.

Mortgage 411

Mortgage Inventory Technology Tools 411

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? Arjun Dhingra: I think for housing it will still be all about inventory and interest rates.

Inventory 340

Inventory Technology Real Estate Agent Tools 340

Housing Wire

NOVEMBER 2, 2023

The Detroit-headquartered lender’s GAAP net income in Q3 was $115 million, lower than the $139 million in Q2 2023 but better than the $96 million in the same period of 2022. The third-quarter production represents a 13% drop compared to the same period in 2022. Rocket generated $22.2 billion in Q2 2023.

Technology 405

Technology Tools Business Mortgage 405

Housing Wire

DECEMBER 3, 2021

HousingWire: What do you think will be t he big themes for the housing market in 2022? Reina Ramos: I think the theme for 2022 will be housing starts and affordability. We know refinance volumes will dry up due to rising rates, borrowers not exiting their homes due to the reduced inventories.

Inventory 382

Inventory Loan Officers Clients Mortgage 382

Housing Wire

JUNE 17, 2022

HousingWire: What is your most useful tech tool? I wish I could offer something more exciting, but it is just the most versatile, handy tool in my arsenal! HousingWire: What do you think will be the big themes for the housing market in 2022? Amanda Hill: My cell phone!

Modernization 305

Modernization Inventory Tools Lending 305

Housing Wire

AUGUST 16, 2022

These two sessions include expert panelists who will tap into the year’s of experience they have navigating shifting markets to present you with the tools and roadmap you need to move forward in 2022 and beyond.

Real Estate 342

Real Estate Technology Housing Market Realty 342

Housing Wire

JUNE 13, 2022

Now, with inventory levels at historic lows and median home prices at historic highs, the purchase climate has become a Thunderdome. Inventory constraints and rising prices are making it more difficult than ever for buyer’s agents to help homeshoppers move into homes they love. Buying a home is stressful in any market.

Real Estate 351

Real Estate Finance Tools Inventory 351

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. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers.

Housing Market 412

Housing Market Realtors Buyers Inventory 412

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. Cliffco Mortgage Bankers is among the rare independent mortgage banks doing more business than last year.

Loan Officers 373

Loan Officers Agents Retail Technology 373

Housing Wire

NOVEMBER 17, 2021

Some of the largest challenges that come to mind are borrower expectations, higher potential for exposure to risk, lack of housing inventory and higher building material cost, not to mention pandemic regulations that seem to be shifting frequently. HW: What advice would you give lenders as they start strategizing for 2022?

Tools 392

Tools Technology Training Design 392

Housing Wire

AUGUST 17, 2023

In my previous article about renegotiating your vendor contracts , I talked about taking an inventory of your systems, providers and contracts so you can work with your vendors to get better pricing. Further, you’ll find that it’s the most valuable tool that brokers provide to their agents. If you’re like most brokers, probably not.

Real Estate 267

Real Estate Contracts Tools Training 267

Housing Wire

JULY 28, 2023

million in Q2 2022, and the firm’s net income of $15.8 Other focuses include improving the firm’s technology tool and retaining talent, in an industry notorious for having a talent problem. “We To be precise, Stewart reported total revenue for the quarter of $549.2 million, down from $844.1 million was down from $61.7

Tools 296

Tools Inventory Marketing Real Estate 296

Housing Wire

JULY 12, 2023

Peak rent inflation was between May 2022 and February 2023, but has declined in subsequent months and is expected to continue to do so. An index tracking the rent of primary residences slowed to a 0.46% change in June, the weakest increase since March 2022. In June, the index for shelter accounted for 70% of the increase in the CPI.

Insurance 283

Insurance Construction Tools Realtors 283

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. in 2022, the weakest showing since 2014. and 74.5%, respectively. “We

Marketing 404

Marketing Government Mortgage Sellers 404

Housing Wire

APRIL 20, 2021

More recently, the buzz surrounds bidding wars due to extremely low inventory, purchase over refinance and the fluctuation of mortgage rates. Once again, Google grabbed headlines in March 2021 when they emphasized that the code would cease to exist across its platforms by 2022. Needless to say, the digital world took notice.

Real Estate 404

Real Estate Mortgage Loan Officers Advertising 404

Housing Wire

DECEMBER 22, 2021

HousingWire: What has been the most useful tech tool for you? Shant Banosian: There are a few tools my team and I use to make our days more efficient. HousingWire: What do you think will be the big themes for the housing market in 2022? Inventory is low and demand is high. Additionally, rents are on the rise.

Clients 318

Clients Technology Tools Business 318

Housing Wire

DECEMBER 10, 2021

HousingWire: What has been the most useful tech tool for you? Josh Mettle: (1) Housing will continue to appreciate (albeit at a slower pace) until the supply of housing reaches balanced inventory levels. HousingWire: What do you think will be the big themes for the housing market in 2022?

Loan Officers 347

Loan Officers Housing Market Mortgage Tools 347

Housing Wire

OCTOBER 1, 2022

Another issue with appraiser competency could be appraisers’ apparent lack of familiarity with valuation tools. For non-appraisers, the greatest challenge was lack of inventory , with 66% of respondents selecting this response.

Appraisal 373

Appraisal Real Estate Agent Valuation Training 373

Housing Wire

JUNE 6, 2022

Smith said in the first quarter of 2022, 9.58% of FHA’s borrowers were in some stage of delinquency and this new tool will “help these borrowers sustain homeownership or help ease their transition.”. Join us and our distinguished panelists for a lively discussion on this topic! Presented by: Stavvy.

Insurance 414

Insurance Mortgage Realtors Housing Market 414

Lamacchia Realty

MARCH 17, 2022

ARE YOU A "WANT-TO-BE" SELLER IN 2022? A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates.

Sellers 67

Sellers Realtors Buyers Inventory 67

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. Consider Waiving Inspection. . Additional Resources. Read More ».

Sellers 72

Sellers Buyers Inspection Bracketing 72

Housing Wire

FEBRUARY 7, 2022

Despite low home inventory, many lenders are still maintaining a healthy mix of purchase loan business. trillion for 2022. By equipping your teams with tools and data sources that instantly give them the data needed to perform their work, your organization can increase efficiency and compliance at the same time.

Agents 316

Agents Real Estate Agent Technology Tools 316

Housing Wire

MAY 6, 2022

Lenders can’t significantly impact the historically low inventory. HW: While non-QM loans have historically only accounted for a small portion of the mortgage market, industry experts expect to see significant growth in non-QM lending in 2022 and beyond. So instead, they must find a way to win a greater share of borrowers.

Marketing 330

Marketing Lending Loan Officers Training 330

Housing Wire

APRIL 22, 2024

Many of us are in sellers’ markets with very low inventory. It even integrates with commonly used tools like Salesforce , Follow Up Boss and Hubspot so you can easily target your existing contact lists. Inventory is extremely low, and the competition is fierce. What a great way to receive referrals for life! plus postage.

Real Estate 346

Real Estate Open Houses Brokerage Real Estate Agent 346

DW Slater Company

DECEMBER 30, 2022

Homes are staying on the market slightly longer and inventory is edging up. 2022 Update: Intended Use & Intended User -LIA. – The Appraisal Update Podcast. CubiCasa: Your Mobile Floor Plan Tool – Appraisal Buzz. Here are the numbers for November: Median Sales Price. Days on Market. Months of Supply. What to Do….

Appraisal 112

Appraisal Tools Inventory Housing Market 112

Empire Appraisal Group

JUNE 22, 2022

Florida Realtors economist : In 1Q 2022, half of new Fla. ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market. In the first quarter (1Q) of 2022, the median time to contract for all property types in Florida was down to just 12 days.

Marketing 78

Marketing Contracts Realtors Tools 78

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Birmingham Appraisal

JANUARY 24, 2024

In this blog series, we’re on a mission to make housing stats less of a head-scratcher and more of a go-to tool in your kit. From average home prices to how long a property hangs out on the market, inventory levels, and beyond—each stat packs a punch of info ready for you to cash in on. This is considered a seller’s market.

Real Estate Agent 63

Real Estate Agent Real Estate Inventory Buyers 63

Hank Miller Team

JULY 7, 2022

The great Atlanta real estate market adjustment of 2022 is upon us. Probably not a bad question as the changes in quarter 2 of 2022 were dramatic, As the Fed fights rampant inflation, buyers are faced with dramatic rate increases and sellers with a comparative lack of activity. Expect that to change.,

Appraisal 52

Appraisal Real Estate Agent Contracts Real Estate 52

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Housing Wire

JANUARY 30, 2024

Market observers say if rates do stay higher for longer, that will continue to build pressure for many nonbanks to use MSRs as a liquidity tool in managing their balance sheets — which will promote healthy MSR trading volume. Redfin reports that nearly 79% of homeowners now have rates under 5%. Carnes agrees with Piercy’s assessment.

Marketing 338

Marketing Mortgage Sellers Buyers 338

Listing Spark

JUNE 16, 2023

months supply of inventory doesn’t feel like we’re in a seller’s market, but technically, by definition, we still are.” However, a decrease in new listings is helping to stave off even higher inventory. months of inventory available. Velocity of home sales is slowing down, inventory is going up.”

Real Estate 36

Real Estate Marketing Inventory Sellers 36

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.

Real Estate 387

Real Estate Brokerage Agents Real Estate Agent 387

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market.

Buyers 70

Buyers Inspection Sellers Real Estate 70