Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

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Housing Wire

SEPTEMBER 27, 2023

Industry workers didn’t pull back on investing in professional development, with the majority (51%) spending money to reach potential clients. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). About 37% of respondents were spending money in social media and 34.8%

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Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. Most of the agents said their website was provided by their firm (45%), but nearly a quarter said that they developed and maintain their website on their own.

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Housing Wire

JANUARY 9, 2024

What remains an unknown, however, is whether housing inventory, pricing and interest rates will settle into a goldilocks zone that allows home equity lending to flourish. While lower mortgage rates are welcome news, potential homebuyers are still dealing with the dual challenges of low inventory and high home prices that continue to rise.”

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Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Those savings will be used for additional technology improvements and produce specialized products to address “today’s housing market challenges,” he said.

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Housing Wire

MARCH 25, 2022

This week’s HW+ member spotlight features Arjun Dhingra, who serves as sales and business development at All Western Mortgage. Arjun Dhingra: Technology is not replacing us in the mortgage industry, it is enhancing and empowering us. Those that don’t evolve and adapt, will be pushed out because of technology.

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Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. I am humble enough to understand that the audience for this piece is far more capable than I am in developing ideas and creating value. The job is not easy, but the impact is enormous.

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Housing Wire

JUNE 3, 2022

This week’s HW+ member spotlight features Stuart Sim, head of industry development and brand ambassador at Chime Technologies. Prior to Chime, he has held a number of leadership roles, including roles at Realtor.com and NCL Sales & Strategy Consulting.

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Real Estate Technology Tools Realtors 341

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. and Austin.

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Housing Wire

NOVEMBER 3, 2020

It’s reflective of our commitment to invest in technology and continuously improve the Hubzu marketplace.”. In 2019, the land developer and homebuilder began offering buyers on-site, self-guided, interactive tours on demand through Empower in Washington, D.C. Since 2009, it has facilitated the more than 4.5 and Denver markets.

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Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. For buyers in today’s market, the severe lack of inventory adds another layer of frustration, FOMO (fear of missing out) and a sense of urgency. Why or why not?

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Housing Wire

AUGUST 30, 2022

With the recent downturn in volume of new originations, many lenders are using this time to take inventory of the available tools geared toward risk mitigation and workflow optimization. This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology.

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Housing Wire

MARCH 1, 2022

The company says it will use the funding to scale its operations, accelerate its research and development and expand construction into new markets. It also completed a 78-unit emergency housing development in San Jose in only 90 days. This Series D follows a period of rapid growth for the homebuilding company.

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Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Implement targeted marketing campaigns: Dig into your CRM and develop targeted marketing campaigns to reach out to your SOI effectively.

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Real Estate Agent Real Estate Agents Clients 347

Housing Wire

NOVEMBER 5, 2021

He has also served as as chief operating officer of Better Homes and Gardens Real Estate, as well as senior vice president of Membership Development for Better Homes and Gardens Real Estate. Rich DeNicola: Inventory is going to persist as a major issue for the foreseeable future.

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Housing Wire

FEBRUARY 8, 2022

This development did not occur overnight: Over the past 20 years, we have “underbuilt” housing by at least 5.5 Low housing inventory. On top of these efforts, there must be a national commitment to reform our land use and zoning practices that too often act as barriers to the development of affordable housing. million homes.

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Housing Wire

OCTOBER 31, 2023

HousingWire recently spoke to Sandra Madigan, EVP of product strategy – servicing technology at ICE Mortgage Technology , about improving the home buying and ownership experience with technology and how the industry can do so thoughtfully. What do you think the disconnect is there, and do you see this changing in the future?

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Housing Wire

DECEMBER 6, 2023

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. As with establishing effective communication expectations early on, developing a crisis management plan before you need it will allow you to effectively deal with unexpected problems.

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Housing Wire

APRIL 8, 2022

Prior to joining FormFree, Lapin served as first vice president of corporate development, national agency services, at Old Republic Title , and has also held leadership positions at Altisource , Black Knight , First American and Credit Suisse. Investment in technology. That’s what drew me to this role at FormFree, too. Blockchain.

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Housing Wire

JANUARY 29, 2024

How much will the inventory shortage contribute to the rise in home prices this year? One of the things that has undoubtedly changed is the advent of technology, centered around getting to the consumer faster. Connie Kim : Fannie Mae calls for mortgage rates to dip below 6% by the end of this year. labor force are not vigorous.

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Housing Wire

MARCH 30, 2023

Tech advancements in the broker space, which caught up to retail lenders ‘ levels, were another factor that helped him make the transition. “I think maybe if you look back a few years, the broker space from a technology perspective was lacking, but has really caught up to where retail was (…).

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Housing Wire

OCTOBER 5, 2023

Saluda Grade , a real estate advisory and asset-management firm specializing in alternative lending products in the nonbank sector, and its fintech partner, Unlock Technologies , this week priced the industry’s first rated securitization backed entirely by shared-equity contracts (which Unlock calls HEAs). There’s plenty of demand.,

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Housing Wire

APRIL 19, 2021

HousingWire: Last year you and your team took the lead on tackling complex issues like the lack of quality housing inventory and supporting individuals experiencing chronic and veteran homelessness. Which projects are you focusing on this year and where do you see the most need in 2021?

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Housing Wire

DECEMBER 1, 2020

Fortunately, leading-edge technology has your back. They have developed technologies that update the process to mirror the modern way you do your banking, shop, and do pretty much everything else: by using the internet. How to accelerate closings in 202 1. With the potential to give the millions of U.S.

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Housing Wire

OCTOBER 6, 2023

housing market continue to present challenges for the entire housing system: chronic inventory shortages and an alarming number of destructive natural disasters stemming from climate change. One year later at the South by Southwest conference in Austin, Texas, a company called Icon debuted its own home 3D printing technology.

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Housing Wire

MAY 11, 2021

How Opendoor could sell comparably fewer homes in Q1 amid historically high demand and low inventory was not addressed on a Tuesday earnings call. This included $224 million on general administrative expenses, $51 million on technology and development, and $69 million on sales and marketing.

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Housing Wire

FEBRUARY 4, 2022

The primary role of a leader is to develop future leaders and provide the opportunity for those we lead to achieve success. Gary Scott: Low inventory, rising interest rates and inflation will play a part in our business this coming year. HousingWire: When do you feel like a success at your job?

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Housing Wire

JUNE 7, 2023

Server farms for technology companies also suck far more groundwater than individual residents. The HBACA noted that development of industrial and commercial buildings can continue, but homebuilders are restricted unless they find alternate water sources. Should states or towns restrict development? year-over-year as of April?

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Housing Wire

JULY 25, 2023

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. If a property developer sees an opportunity where they want to sort of purchase a property this week, for example, we can provide them the cash to do that.

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Housing Wire

JUNE 1, 2022

With the current cost of origination, combined with higher interest rates and low housing inventory on the horizon, the MBA reports that 2022 is likely to see about a 30% decline in overall mortgage originations, as compared to 2021. MISMO e-Eligibility Exchange helps address this challenge.

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Insurance Real Estate Agents Technology 367

Housing Wire

APRIL 28, 2022

Despite this shift and other challenging market conditions such as decreasing housing affordability and low inventory, DeGiorgio remains confident that First American will be able to weather the storm. “We “The market is currently transitioning from record low interest rates to a more normalized environment.”.

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Housing Wire

FEBRUARY 23, 2024

Department of Housing and Urban Development (HUD) on Friday announced a series of funding opportunities totaling roughly $3.86 million, which will go toward organizations aiming to boost housing inventory and availability through methods including off-site construction and office-to-residential conversions. “As

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Housing Wire

NOVEMBER 17, 2021

HousingWire recently sat down with Eric Lee , the Senior Vice President of Product Development at DataVerify , to talk about what he sees as the challenges facing lenders today when it comes to figuring out the best way to implement automation solutions and get the best ROI possible. But the reality is they need it now more than ever.

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Tools Technology Training Design 391

Housing Wire

JUNE 23, 2021

With low housing inventory and rapid home-price growth, homeownership can seem less and less attainable for several groups of potential homebuyers. Record-high demand for homes coupled with historically low inventory has driven prices up precipitously. According to the Radian Home Price Index , home prices rose 9.2%

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Housing Wire

MARCH 20, 2024

Let’s delve into the potential negative consequences of diminishing or eliminating buyer representation, underscoring why this development matters more than ever in today’s real estate market. With the advancements in technology, finding homes online has become easy and straightforward.

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Housing Wire

APRIL 14, 2022

I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana. Tens of thousands of workers were hired, new technologies were piloted and operational processes implemented to capitalize on what was a historic moment for the industry. And the rates started to go the wrong way.

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Mortgage Marketing Retail Lending 519

Appraisal Buzz

DECEMBER 27, 2021

million units , and some experts say it could reach 8 million if there were more inventory. Thus, the FHFA will likely have to develop a set of best practices in the coming years to prevent these snags and protect you and lenders. Total year-end sales volume ended at 5.64 Therein lies the problem. Shifting Toward Modernization.

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