Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 423

Sellers Buyers Real Estate Contracts 423

Lamacchia Realty

MARCH 11, 2024

Buyers hoping to purchase condos have been under more stringent lending regulations over the past three years, initially under temporary guidelines that were later made permanent. Buyers and buyer agents alike needed to be keenly aware of how the new regulations would impact the purchase of a condo in any building over 5 units.

Buyers 66

Buyers Lending Insurance Mortgage 66

Housing Wire

JANUARY 8, 2024

HousingWire: How do you view the lending landscape for 2024? To the buyer of an $800,000 home putting down 20%, the mortgage savings would be roughly $500. If buyers try to time their home purchase to the return of record-low rates and the historically low rates don’t return, their wait could prove costly. 1 non-QM lender?

Lending 346

Lending Development Investors Finance 346

Appraisal Buzz

MAY 22, 2024

Technology firm Finaya has launched an AI-based homeownership marketplace super-app that integrates home buying and selling, mortgage, insurance, title, closing and other related services supported by a marketplace of on-demand realtors, loan brokers, lenders and service providers.

Insurance 195

Insurance Real Estate Agent Mortgage Real Estate 195

Housing Wire

MAY 2, 2024

The expensive and limited housing inventory today has created a scarcity mentality, that has Realtors struggling to provide appropriate housing for an aging population. Accommodate the trifecta Those Realtors, builders and originators who choose to serve this massive market shift, will need to accommodate the Retirement Trifecta.

Realtors 374

Realtors Training Real Estate Design 374

Housing Wire

NOVEMBER 7, 2023

Mortgage professionals voiced their concerns of the potential ripple effects that might have on those cash-strapped buyers, depending on the results of the commission lawsuits. “It Potter added: “Government lending would come to a halt. “But agent commissions have never been a closing cost from a buyer perspective.

Agents 445

Agents Sellers Buyers Finance 445

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! Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.

Realtors 72

Realtors Realty Real Estate Agents 72

Housing Wire

MARCH 6, 2024

Should mortgage rates fall, demand for residential real estate would increase, encouraging buyers who had been waiting on the sideline to move forward with home purchases,” according to the Beige Book. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased.

Mortgage 365

Mortgage Real Estate Inventory Construction 365

Housing Wire

APRIL 8, 2021

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. This is a bit of a gamble since the buyer won’t know for sure if they have to use the money until after the appraisal.

Inspection 433

Inspection Sellers Buyers Tools 433

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Housing Wire

APRIL 12, 2023

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% Incentives in the Market In a higher-rate environment, temporary rate buydowns funded by sellers, lenders or builders were widely offered as an incentive for buyers.

Mortgage 319

Mortgage Marketing Loan Officers Real Estate Agent 319

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. It never will be. I’ll explain later.)

Agents 394

Agents Buyers Sellers Inventory 394

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. Appraisals can be performed for other reasons besides lending, however, for purposes of our discussion here we’re going to be discussing an appraisal that is done in order to obtain a mortgage loan.

Realtors 80

Realtors Appraisal Market Value Real Estate Agent 80

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 302

Real Estate Brokerage Buyers Property Management 302

Housing Wire

JULY 9, 2021

Since day one of my mortgage career, my main role was to help Hispanic borrowers with responsible lending. I interact daily with first-time buyers and buyers of diverse backgrounds and continue to help them achieve the dream of homeownership. Minority mortgage-ready millennials. New York City, Atlanta, Washington D.C.

Lending 384

Lending Buyers Realtors Real Estate 384

Housing Wire

MAY 18, 2023

“This truly represents a historic milestone in the future of mortgage lending,” Rick Lang , president of Gateless, said. Realtors also benefit from representing clients who possess full approval and can compete with cash buyers.

Real Estate Agent 382

Real Estate Agent Technology Real Estate Realtors 382

Lamacchia Realty

MARCH 7, 2022

has released their “Top Producing REALTORS®,” for February 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 month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

FEBRUARY 10, 2023

Buyers seem like they can’t get a break,” Kechian said. “I I really think they had about three months last year where it was a buyers market in the fourth quarter. We’re in an area that’s 90% condo [business], so it’s harder for lenders that don’t know this market to lend here.

Marketing 360

Marketing Inventory Loan Officers Buyers 360

Housing Wire

JULY 28, 2022

While interest rates do not dictate mortgage rates, higher rates make a range of lending more expensive. in mid-June, said Lawrence Yun, chief economist for the National Association of Realtors. Weakening economic outlook, high inflation and affordability challenges have taken a toll on buyer demand. Census Bureau.

Mortgage 382

Mortgage Realtors Lending Development 382

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers.

Loan Officers 377

Loan Officers Agents Retail Technology 377

Housing Wire

JULY 28, 2022

As the Federal Reserve announced yet another 75 basis point interest rate hike Wednesday, loan officers and lending executives — already well aware of the news — were looking ahead, questioning whether mortgage rates will spike or dip in the aftermath. in June from May and dropped 20% from June 2021, the National Association of Realtors said.

Housing Market 302

Housing Market Marketing Loan Officers Buyers 302

Housing Wire

JUNE 9, 2023

This recent publication paints a clear picture as to why any Realtor or homebuilder should always include a nonbank lender in their referrals. Unlike banks, they don’t do auto loans, credit cards, student loans, business lending, lines of credit and more. Banks don’t need to expand their mortgage lending businesses.

Lending 319

Lending Government Finance Mortgage 319

Housing Wire

NOVEMBER 10, 2022

With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . Some of his would-be buyers are renting apartments until mortgage rates markedly improve. It could be a while.

Construction 423

Construction Supply Chain Buyers Development 423

Housing Wire

SEPTEMBER 8, 2022

Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5

Inventory 543

Inventory Law Housing Market Design 543

Housing Wire

SEPTEMBER 21, 2022

The following five accounts showcase how lenders and loan officers can use TikTok to brand themselves as well as entertain and educate home buyers. . Scott Betley is a loan officer for NFM Lending with more than 10 years of experience helping first-time home buyers and move-up buyers. Scott Betley ( @thatmortgageguy ).

Loan Officers 370

Loan Officers Buyers Mortgage Realtors 370

Housing Wire

OCTOBER 20, 2023

According to a 2022 tech survey conducted by the National Association of Realtors ® (NAR), a growing number of real estate agents attest to social media’s positive impact on their business. We’ve compiled this list of savvy real estate social media post ideas to inspire your social strategy and keep your Instagram feed fresh and fun.

Real Estate 361

Real Estate Agents Real Estate Agent Clients 361

Housing Wire

MARCH 22, 2023

The Federal Reserve ‘s decision to raise the federal funds rate by 25 basis points on Wednesday signaled that officials are still focused on bringing down inflation to 2% while monitoring how much recent bank failures slow lending in the economy and cool demand. What does it mean for buyers, sellers?

Mortgage 375

Mortgage Sellers Buyers Housing Market 375

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 519

Mortgage Marketing Retail Lending 519

Appraisal Buzz

SEPTEMBER 20, 2021

The country’s largest lending institutions, real estate corporations, and appraisal management companies (AMCs) are each aligned this year in their projections that the housing bubble and prime seller’s market we’re currently experiencing is headed for a substantial correction. Buyers and sellers? Realtors and Property Appraisers?

Valuation 195

Valuation Property Appraisal Real Estate Sellers 195

Housing Wire

MAY 6, 2024

That question would be answered succinctly when the Dodd Frank Act retooled the entire consumer regulatory structure, redrafting lending and closing documents, stiffening enforcement of laws long on the books and creating new ones, and sending participants in the real estate process into a panic trying to figure out to make it all work.

Real Estate Agent 310

Real Estate Agent Real Estate Project Management Agents 310

Housing Wire

JULY 1, 2021

The fact that Black buyers report earning more money and making more financial sacrifices to enter the homeowner class is one example of how difficult it is for Black people in this country to achieve the American dream.” “Homeownership is closely tied to the American ideal of freedom, and specifically financial freedom.

Loan Officers 477

Loan Officers Realtors Open Houses Law 477

Housing Wire

APRIL 4, 2022

million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. Cracking the code on marketing to the realtor channel. Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8

Mortgage 368

Mortgage Real Estate Agent Loan Officers Agents 368

Housing Wire

DECEMBER 22, 2022

The challenges buyers face today are significant: higher interest rates, higher home prices, historically low inventory, increasing costs for labor and materials and supply chain challenges. Per the National Association of Realtors, the current average first-time homebuyer age is 33 years old. Who are First-time Homebuyers.

Housing Market 384

Housing Market Marketing Insurance Supply Chain 384

Housing Wire

NOVEMBER 8, 2021

“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases.

Clients 386

Clients Agents Buyers Sellers 386

Housing Wire

DECEMBER 5, 2022

It boxed out many first-time homebuyers who found themselves unable to compete against buyers willing to place a non-contingent offer above full price. Buying now means being able to negotiate as a buyer. The psychology of our industry — of loan originators and Realtors — can be so emotional when things are not working perfectly.

Housing Market 513

Housing Market Marketing Supply Chain Mortgage 513

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Housing Wire

JUNE 14, 2023

Non-QM loans allow originators to serve a largely untapped market and expand their offerings to realtors and borrowers. Ongoing volatility in the market will continue to reshape the needs and demands of buyers, resulting in a call for mortgage professionals to rise to new challenges and deliver better service.

Technology 327

Technology Clients Business Mortgage 327