Trending Articles

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VA extends foreclosure moratorium through 2024

Housing Wire

The U.S. Department of Veteran Affairs (VA) announced on Wednesday that it has called on mortgage servicers to extend the moratorium on foreclosures for VA-guaranteed loans through Dec. 31, 2024, while these companies implement a new program to help struggling veterans. The current moratorium, announced in November, was set to end on Friday. It was implemented amid complaints of veterans’ struggles because there was no program available to succeed a partial claim option offered during th

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HOA fees are standing out in a bad way

Sacramento Appraisal Blog

Affording today’s housing market isn’t always so simple, which is why HOA fees aren’t easy to digest for some buyers. Today, I thought it would be cool to graph a few decades of association fees. I’ve never actually done this before, and while I know it’s total chaos, I think it’s also interesting. What are […] The post HOA fees are standing out in a bad way first appeared on Sacramento Appraisal Blog.

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Unsold inventory is rising across the country

Housing Wire

It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. There are more homes on the market now than anytime since August 2020.

Inventory 515
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Quando casinos empresas crescem rápido demais

Appraisal Buzz

Jogue Caça Niqueis Online no Lalabet Cassino Na tabela abaixo, você pode ver quais foram os ganhos máximos a partir de o começo para 2023 para operating system slots mais buscados da KTO. Quando se trata de números e odds com jogos de caça níqueis, é preciso saber como é a gestão da banca. Os jogadores que optam por jogar em caça níqueis clássicos recentes de graça vão notar que a maioria deles tem alguns recursos adicionais.

Retail 369
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Northwest MLS will not join NAR settlement

Real Estate News

The organization is the first non-NAR MLS to announce its intentions, and it says keeping the compensation field provides more transparency for consumers.

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Show Your Work?

George Dell

“Ya gotta show your work,” my third-grade teacher said. “But I got the answer right!” said I. “Ya gotta support your adjustments,” they say. “But I’m credible!” say I. Incredible. Why are we harangued to “support” our adjustments? Why are we sold one form after another of magical adjustment calculators? Another enchanted $129 class to […] The post Show Your Work?

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A Conversation with ‘Miss MISMO’

Appraisal Buzz

This week, host Hal Humphreys sits down with Liz Green, Head of Digital Solutions for Candescent, and affectionally known around the industry as “Miss MISMO” Liz fills us in on her history in the industry and her involvement in MISMO (Mortgage Industry Standards Maintenance Organization). A lot will be changing with the UAD for both lenders and appraisers.

Appraisal 195
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NWMLS opts out of NAR deal in bid to continue commission offers

Inman

Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs' attorney Michael Ketchmark says "the fox is guarding the chicken house.

Realtors 172
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'Unfiltered' podcast: NAR is sending the wrong message

Real Estate News

Watch the conversation with marketing pro Brian Boero as he imagines how NAR and the industry could — and should — be communicating with agents and consumers.

Agents 234
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Understanding Divorce Appraisal Value: A Crucial Step in the Process

Appraisal Partners Blog

The post <div class="hrt">Understanding Divorce Appraisal Value: A Crucial Step in the Process</div> appeared first on Appraisal Partners.

Appraisal 148
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Multifamily Absorption Rates Fall to Decade Low as Completions Remain Elevated

Eyes on Housing

The Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA) estimates that 42% of 91,060 unsubsidized apartments completed in the fourth quarter of 2023 were absorbed (rented) within the first 3 months following completion. For condominiums, 56% of the estimated 4,915 units completed in the fourth quarter of 2023.

Marketing 132
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Bright MLS will allow sellers to offer concessions upon listing

Inman

In response to NAR's proposed settlement, the nation's second largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home.

Sellers 171
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Bright MLS to offer expanded concessions field

Real Estate News

Starting in June, the field will include an option for payment of buyer agent fees, and updates coming in August will give sellers more flexibility.

Sellers 240
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Unresolved Complaints Filed with HUD

Appraiserblogs

The “unresolved complaints” may not be as clear-cut cases of discrimination as they are being portrayed. The fact that HUD has not found grounds to pursue discrimination claims, suggests that proving appraisal discrimination is extremely difficult. All of the filed complaints have involved disputes over the property’s appraised value, with borrowers alleging discrimination because the appraised value was lower than what they expected or desired.

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EXIT Realty partners with earnest money collection platform

Housing Wire

EXIT Realty Corp. International and Earnnest , a digital app that handles earnest money collections, announced a partnership on Tuesday that is designed to create more seamless and secure real estate transactions. The Earnnest platform offers a user-friendly and fully digital fund transfer process for home purchase transactions. It is designed to enhance transparency for all stakeholders while “minimizing the risks associated with traditional methods like checks and wire transfers,“ the company

Realty 429
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Home Price Growth Slows in March

Eyes on Housing

The S&P CoreLogic Case-Shiller U.S. National Home Price Index (HPI) increased at a seasonally adjusted annual rate of 3.65% for March. This was following an adjusted 6.42% rate gain for February. On a year-over-year basis, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index posted a 6.49% annual gain in March, following a 6.53%.

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Nation’s largest MLS now allows listings to show seller concessions

Inman

The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees.

Sellers 166
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Glenn Sanford and eXp dismissed from misconduct case

Real Estate News

Recruiter Brent Gove has also been dismissed from the lawsuit involving allegations of sexual assault, while Michael Bjorkman’s motion to dismiss was denied.

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What’s going on in Florida and Texas?

Empire Appraisal Group

What’s going on in Florida and Texas? Housing inventory levels in Florida are up the most in the nation on a year-over-year basis (57%), but the bulk of the increase is really concentrated in sections of Southwest Florida. In particular, in markets like Cape Coral and Fort Myers, which were hard-hit by Hurricane Ian in September 2022. Hurricane Ian left behind thousands of damaged homes, and the subsequent need for renovations has resulted in a jump of available housing inventory.

HOA 78
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2024 inventory growth challenges mortgage rate lockdown

Housing Wire

The mortgage rate lockdown premise holds that very few people will list their homes when mortgage rates are this high, thus suppressing inventory. But 2024 has proven that theory wrong. 2024 has had healthy inventory growth despite mortgage rates above 7%. Also, for the third time this year, I have hit my target of weekly inventory growth between 11,000 -17,000, thus leading to more inventory than we saw in 2023.

Inventory 465
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Home Building Employment across States and Congressional Districts in 2022

Eyes on Housing

According to the latest 2022 ACS, 11.2 million people, including self-employed workers, worked in construction in 2022. NAHB estimates that out of this total, 4.7 million people worked in residential construction, accounting for 2.9% of the US employed civilian labor force. Home building in the Mountain Division, as well as in Florida, stand out as.

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Is NAR a positive force? 7 out of 10 real estate agents want to know

Inman

These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.

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People on the Move: Fathom, EXIT add to their C-suites

Real Estate News

Financial services exec Jon Gwin named COO of Fathom Holdings; longtime EXIT Realty SVP Susan Harrison promoted to CIO role.

Realty 231
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Data Management Strategies for Oil & Gas Companies

GoForrmz

Harnessing digital tools to optimize efficiency and drive innovation The oil and gas industry is undergoing a digital transformation that is revolutionizing the way companies manage data. Effective data management strategies are critical for improving operational efficiency, enhancing safety, and driving profitability. Here we’ll explore practical data management strategies tailored to oil and gas companies, focusing on Cloud-based solutions for data storage and collaboration, advanced analytics

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Coldwell Banker Realty welcomes new Boston team

Housing Wire

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. Led by Mike DelRose Sr., Mike DelRose Jr. and Bobby McShane, The DelRose McShane Team boasts eight agents. They formerly operated the RE/MAX Revolution franchise in Watertown, Massachusetts, one of New England’s first RE/MAX franchises.

Realty 391
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4 Common Misconceptions Hindering Your First Commercial Real Estate Investment

Appraisal Hub

Investing in commercial real estate can be a lucrative venture, but there are several misconceptions that can deter potential investors. Understanding these myths and the realities behind them is crucial for making informed decisions. Misconception 1: Commercial Real Estate is Too Complex Many first-time investors believe that commercial real estate is far more complicated than residential real estate.

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Pending home sales fell in April but expected rate cuts offer some hope

Inman

Contract signings fell 7.7 percent between March and April to a score of 72.3 on the Pending Home Sales Index last month, according to data released Thursday by the National Association of Realtors.

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Home prices continue to reach new highs

Real Estate News

The latest Case-Shiller index reported another record high, with U.S. home prices increasing 6.5% year-over-year in March.

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4 Form Automations to Streamline Your Small Business

GoForrmz

Elevate your small business with these easy-to-implement automation features with GoFormz Leveraging innovative tools like GoFormz digital forms can revolutionize how small businesses operate. GoFormz offers a comprehensive platform allowing businesses to digitally create, manage, and automate various forms and documents. With form automation capabilities, small businesses can streamline their operations significantly.

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Percentage of homes with price cuts reaches 18-month high: Redfin

Housing Wire

A report released Thursday by Redfin showed that 6.4% of U.S. home sellers cut their asking prices during the four-week period ending May 26. That is the highest percentage since November 2022 and a potential sign that sale prices will soften in the coming months. The national real estate brokerage reported that the median asking price in the past week was $416,623, a weekly decline of about $3,000 and the first pullback in six months.

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Memorial Day Remember and Honor

Empire Appraisal Group

Need an Appraisal? Call or text us today for a free quote (561) 441-9298. Serving Broward County for over 15 years. Specializing in residential appraisals for listings, divorces, estate & Probate, bankruptcy, IRS Gift Tax, and much more. Broward County’s Leader in Home Appraisals since 2005. Call us today at 561-441-9298.

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3 pillars of creating a sustainable and rewarding real estate business

Inman

You apply discipline to starting and growing your business, but how do you apply that same discipline to making it sustainable? Broker Pam Blair offers guidance for making your real estate business more meaningful and satisfying.

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Survey: Buyers are putting their home search on hold

Real Estate News

In a Bright MLS poll, most agents said they recently worked with a buyer who gave up on finding a home, but many still expect buyer activity to remain high.

Buyers 214
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How to Prepare Your Rental Property for Tenants

BiggerPockets

Rehabbing a home isn’t the same as preparing a home for rental, though. Not all homes require rehabbing, but all rental properties must be prepared for prospective renters.

Tenants 75