Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Here’s what that buyer behavior in the second half of 2022 is telling us about two key retail market trends in 2023: 1. Cincinnati and Miami.

Retail 491

Retail Sellers Buyers Market Value 491

Housing Wire

NOVEMBER 13, 2023

Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. Meanwhile, in September, one-third of U.S.

Real Estate Agent 410

Real Estate Agent Real Estate Agents Sellers 410

Housing Wire

DECEMBER 30, 2022

“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. LOs are aligning their strategies to target the purchase market, as rates are not expected to drop in a meaningful way in 2023.

Renovations 410

Renovations Realtors Construction Mortgage 410

Housing Wire

NOVEMBER 11, 2022

While elevated mortgage rates, sluggish home sales and high inflation have taken a significant toll on the housing industry, it’s unlikely that these issues will cause home prices to drop next year, at least according to National Association of Realtors (NAR) Chief Economist Lawrence Yun.

Inventory 496

Inventory Housing Market Realtors Mortgage 496

Lamacchia Realty

JANUARY 3, 2024

has released its “Top Producing REALTORS®,” for December 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Additionally, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

JANUARY 11, 2024

has released their “Top Producing REALTORS®,” for all of 2023! This program recognizes the Top 10 REALTORS® out of the over 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Lamacchia Realty, Inc.

Realtors 70

Realtors Realty Real Estate Agents 70

Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. After record 2020 and 2021 years, the 2023 RealTrends 500 brokerage rankings again show that the largest firms are gaining share at rates not seen before 2020. of all Realtors. transactions per agent last year.

Brokerage 441

Brokerage Real Estate Realty Agents 441

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The suit obtained class certification in March 2023. District Court Northern District of Illinois Eastern Division before Judge Andrea R. Damages in the suit could reach $13.7

Real Estate Agent 431

Real Estate Agent Realtors Real Estate Sellers 431

Lamacchia Realty

DECEMBER 5, 2023

has released its “Top Producing REALTORS®,” for November 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realty 74

Realty Realtors Real Estate Agents 74

Housing Wire

AUGUST 14, 2023

The Detroit-based lender plans to recruit up to 500 LOs by the end of 2023, more than triple the current local LO pool. The feature , published earlier this month, noted that Rocket embarked on a local LO hiring spree in 2023 to capture purchase market business from real estate agent connections. The Detroit-based lender generated $22.3

Loan Officers 370

Loan Officers Mortgage Real Estate Agent Real Estate 370

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

Realty 466

Realty Real Estate Technology Lending 466

Lamacchia Realty

NOVEMBER 3, 2023

has released its “Top Producing REALTORS®,” for October 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! In fact, Carolyn qualified for Lamacchia Realty’s Top Producer Circle in 2021 , 2022 , and recently 2023!

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

FEBRUARY 16, 2024

Before joining Path & Post, Smith was a Realtor , broker and partner at LOCAL Realty North ATL for three years. Additionally, Smith is serving as the 2024-25 Region 1 director for the Georgia Association of Realtors ; in 2023 she served as the president of the Cherokee Association of Realtors. “We

Brokerage 421

Brokerage Realtors Realty Real Estate 421

Housing Wire

APRIL 24, 2024

National Association of Realtors , et al., The Gibson suit was filed in late October 2023 by Michael Ketchmark, just after a Missouri jury ruled in favor of his clients in the Sitzer/Burnett suit that found real estate industry players liable for colluding to artificially inflate agent commissions.

Realtors 246

Realtors Real Estate Brokerage Law 246

Housing Wire

APRIL 8, 2024

The National Association of Realtors (NAR) unveiled a new partnership with SoFi on Monday. In October 2023 , NAR offered its members access to self-directed individual retirement accounts (IRAs) and solo 401(k) accounts through a partnership with IRAR Trust Company (IRAR).

Realtors 450

Realtors Clients Insurance Mortgage 450

Housing Wire

NOVEMBER 1, 2023

In the last FOMC meeting, most officials estimated that one additional rate hike would be warranted in 2023, however, the recent surge in Treasury yields prompted some members to change their minds. During today’s press conference, investors will try to gauge the Fed’s next steps in December.

Finance 431

Finance Mortgage Realtors Investors 431

Lamacchia Realty

SEPTEMBER 7, 2023

has released its “Top Producing REALTORS®,” for August 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realty 74

Realty Realtors Real Estate Clients 74

Lamacchia Realty

APRIL 8, 2024

has released its “Top Producing REALTORS®,” for March 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Earlier last year, Shauna was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list.

Realtors 73

Realtors Realty Real Estate Agents 73

Housing Wire

JANUARY 17, 2023

plans to invest in tech, reduce vendor costs and focus on realtor partners in 2023. About 70% of Prosperity’s production comes from affiliate realtors. Pensive and optimistic are how Messer described outlooks for 2023. Prosperity, a full-service mortgage banker operating in 49 jurisdictions in the U.S.,

Mortgage 397

Mortgage Real Estate Real Estate Agent Realtors 397

Housing Wire

FEBRUARY 21, 2023

Existing home sales started 2023 right where they left off at the end of 2022, dropping for the 12 th consecutive month. million, according to a report from the National Association of Realtors (NAR) released Tuesday. Home sales will remain below the historic average of 5 million throughout 2023. from December to a pace of 4.00

Inventory 370

Inventory Buyers Housing Market Contracts 370

Lamacchia Realty

JULY 7, 2023

has released its “Top Producing REALTORS®,” for June 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Kevin was ranked on the 2023 Real Trends America’s Best Real Estate Professionals list.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

JUNE 6, 2023

has released its “Top Producing REALTORS®,” for May 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Horton’s VIP Realtor distinction, placing him in the top 5% of REALTORS® in Broward County.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

APRIL 12, 2023

Industry players are largely pessimistic about the economic climate and expect interest rates to trend up in the near term future, according to the HousingWire Q2 2023 LenderPulse survey. expected sales to go down more than 5% In the latest report from the National Association of Realtors (NAR), existing home sales rose 14.5%

Mortgage 397

Mortgage Marketing Loan Officers Real Estate Agent 397

Housing Wire

JUNE 27, 2023

According to HousingWire ‘s Q3 2023 LenderPulse survey, industry workers said they would cut down on marketing spend and tools, as well as reduce additional headcount, if they had to further contain costs. Roughly 44% are neutral about the economic climate in the third quarter of 2023 while about 43.4% are pessimistic and 12.6%

Mortgage 370

Mortgage Marketing Tools Open Houses 370

Housing Wire

JANUARY 11, 2024

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. In addition to serving his local and state Realtor organizations, Sears has served NAR in multiple roles over the years.

Realtors 421

Realtors Real Estate Legal Law 421

Lamacchia Realty

JULY 27, 2023

has released their “Top Producing REALTORS®,” for the Mid-Year 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the first 6 months of the year! Lamacchia Realty, Inc.

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

APRIL 19, 2024

from February to March, according to a report released Friday by the Pennsylvania Association of Realtors (PAR). Data released Thursday by the National Association of Realtors (NAR) revealed a 4.3% Both figures, however, were down compared to March 2023. one of the most populous states saw increased activity. decline in U.S.

Realtors 413

Realtors Inventory Real Estate Sellers 413

Housing Wire

DECEMBER 14, 2022

Growing concerns of a recession, led by the Federal Reserve ’s continued interest rate hikes next year, will prompt mortgage rates to trend lower in 2023, according to numerous experts. by the end of 2023, according to fresh projections, up from an estimate of 3.9% by the end of 2023, dropping slightly from the projected 7.5%

Mortgage 421

Mortgage Housing Market Buyers Sellers 421

Lamacchia Realty

MAY 5, 2023

has released its “Top Producing REALTORS®,” for April 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Horton’s VIP Realtor distinction, placing him in the top 5% of REALTORS® in Broward County.

Realtors 74

Realtors Realty Clients Real Estate 74

Housing Wire

APRIL 12, 2024

Caldwell also noted the National Association of Realtors ’ settlement agreement , writing that “given the broad contours of this new settlement agreement and the changing landscape of the parties’ positions on centralization, we think it wise to deny centralization at this time. 31, 2023, and Dec.

Real Estate 429

Real Estate Real Estate Agent Realtors Realty 429

Housing Wire

APRIL 11, 2024

It also operates seven joint venture companies with builder and Realtor partners. CMG was the 16th-largest mortgage lender in the country in 2023, with volume of $20.16 In March 2023, the company struck a deal to acquire Homebridge Financial Services ‘ retail division and grow its footprint in the channel.

Retail 421

Retail Loan Officers Realtors Mortgage 421

Lamacchia Realty

AUGUST 9, 2023

has released its “Top Producing REALTORS®,” for July 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Shauna was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list.

Realtors 66

Realtors Realty Real Estate Clients 66

Lamacchia Realty

APRIL 7, 2023

Nineteen REALTORS ® from Lamacchia Realty have been included in Boston Agent Magazine’s Who’s Who for 2023! ” True to its mission statement, Lamacchia Realty prides itself on its REALTORS ®, who go above and beyond to guide their clients to their success. .” See the entire 2023 Who's Who list here!

Realty 77

Realty Realtors Agents Training 77

Housing Wire

JANUARY 9, 2024

Like the other commission lawsuits, the Masiello suit takes aim at the National Association of Realtors’ Participation Rule, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a Realtor-affiliated MLS. 5, 2020, and the present.

Realty 466

Realty Realtors Real Estate Real Estate Agent 466

Eyes on Housing

JANUARY 19, 2024

Existing home sales slipped in December, ending 2023 at the lowest level since 1995, according to the National Association of Realtors (NAR). In 2023, the decline was largely attributed to worsening housing affordability and persistently low supply, exacerbated by higher interest rates.

Realtors 134

Realtors Inventory 134

Housing Wire

NOVEMBER 20, 2023

The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim, California, last week. She is a former president of the Idaho Association of Realtors. NAR also officially appointed Kevin Sears as its 2024 president-elect.

Realtors 421

Realtors Realty Real Estate Government 421

Appraisal Buzz

MARCH 21, 2024

compared with February 2023, according to the National Association of Realtors (NAR). It was the largest monthly increase since February 2023. compared with February 2023. Properties typically remained on the market for 38 days in February, up from 36 days in January and 34 days in February 2023. That’s about a 2.9-month

Inventory 394

Inventory Realtors Investors Buyers 394