Tue.Apr 11, 2023

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FTC wants a temporary pause on ICE’s acquisition of Black Knight 

Housing Wire

The Federal Trade Commission (FTC) has opened a new front in the fight against Intercontinental Exchange ‘s (ICE’s) planned acquisition of Black Knight. The agency petitioned a California federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) that prevents ICE from going forward with the deal to buy Black Knight.

Valuation 393
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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? With a few quick online searches, in most areas, you can find the parcel number, legal description, and even some potentially comparable sales. Isn’t that all that appraisers do? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?

Appraisal 354
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Misinformation about FHA mortgage modification spreads on TikTok

Housing Wire

Misinformation is spreading on TikTok about the Federal Housing Administration ‘s (FHA) recent increase to the maximum mortgage modification term, causing confusion for homebuyers. The FHA announced a final rule last month that allows mortgagees to increase the maximum FHA-insured mortgage loan modification term from 360 months to 480 months following a default.

Mortgage 383
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Who Are You Surrounding Yourself With?

The Appraiser Coach

When I was on my quest to learn what I call the “principles of prosperity,” there was one in particular that helped me progress by leaps and bounds when I.

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Opinion: What you need to know for a successful real estate transaction

Housing Wire

Real estate transactions can be complicated, especially when it comes to titles and escrow. The home-buying process involves numerous steps, documents and parties that you have to work with. As a professional in the industry with over twenty years of experience, I know that two of the most crucial aspects of any real estate transaction are title and escrow.

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Real estate dreams & getting ridiculous under $500K

Sacramento Appraisal Blog

The housing market feels like a reality TV show. New sensational drama every week, juicy gossip, strong opinions, emotions, and big cliffhangers that might affect the future. Anyway, today I want to dig into Dream For All and some of the bigger themes right now (monthly recap stats at the bottom). Scroll by topic or […] The post Real estate dreams & getting ridiculous under $500K first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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Zillow tool helps buyers find affordable mortgage

Real Estate News

The portal's new search filter lets buyers search by total monthly payment — which takes interest rates and other costs into account — not just the list price.

Buyers 205
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How to clean a rental property: 5 ways landlords can ensure tidiness

Inman

From walk-throughs to pre-move cleanups, American West Realty and Management owner Nathan Gesner shares how landlords and property managers can guarantee damage-free apartments.

Landlords 154
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My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. It’s been said that choosing the right comps is ninety percent of the battle when pricing a home and I agree. If you choose the wrong comps the home can stay on the market for an extended period of time.

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Christie’s heads to bourbon country with affiliate in Lexington

Inman

Led by Rusty and Rachel Underwood, the new affiliate known as Christie's International Real Estate Bluegrass will service parts of the state known for bourbon distilleries and thoroughbred racetracks, the company exclusively told Inman.

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1st Quarter of 2023: Lowest Number of Homes Listed in Recorded History

Lamacchia Realty

Those following the real estate market have been witnessing historic behavior in real-time since the onset of the Pandemic in March 2020. The first quarter of 2023 was no exception. This week we ran a “Homes Listed” Report in MLSPIN which is the Multiple Listing Service in Massachusetts and what we suspected was true. There has never been a first quarter of the year (January, February, March) since at least 1995 that fewer homes have been listed for sale than this year.

Sellers 71
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Lake Homes Realty relocates headquarters amid exec shuffle

Inman

Joe Gaeta, formerly of Zillow Group, and Kiki Wanshura, formerly of Pacaso, have joined the lake markets-focused brokerage. Heather Glass, who joined the company in 2020 has also been promoted.

Realty 155
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5 Tips for Finding High-Yield Property Investments

Mashvisor

How do you find high-yield property investments in the US? Follow this guide to learn the top five tips and make a lot of profit from real estate.

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‘Survive till 2025’: New supply, low demand signal rental ‘sh#tstorm’

Inman

Markets across the country are now facing a possibility of rent falling year over year amid a negative outlook for apartments and commercial real estate broadly, experts told Inman.

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Leaks, Surprise Rehabs, and the Reality of Buying Your First Rental Property

BiggerPockets

You don’t need to look very far to find a real estate success story, but it’s not every day that you hear from someone who is currently in the trenches […]

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8 big reveals from Mauricio Umansky’s book ‘The Dealmaker’

Inman

From helping to launch the Mexican Olympic ski team to fresh insights into his split with Hilton & Hyland, the book is full of interesting anecdotes about Umansky's life paired with the lessons that came out of those experiences.

Agents 141
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Analysts: Canada's housing policy and immigration plans are in conflict

Mortgagebroker News

The market's appetite for housing and the volume of existing supply are at a severe mismatch, analysts say

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Economic anxiety accelerated Q1 multifamily rent growth slump

Inman

Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5 percent annually, according to a new CoStar analysis.

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Analyst: BoC is currently 'between a rock and a hard place'

Mortgagebroker News

US volatility will likely influence the BoC's April 12 decision, says market analyst

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Reel in clients: Catch attention on Instagram with video content

Inman

Join Inman Access and watch as social media strategist Katie Lance explains how to freshen up your feed, increase engagement and reach a wider audience using Instagram's Reels feature.

Clients 137
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Canada housing market: Is activity about to tick upwards?

Mortgagebroker News

Market trends point to an accelerated clip for the rest of the year, economist says

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Gen Z’s priorities lie with pets not partners in home searches: Survey

Inman

Many Gen Zers would put their pets' needs ahead of their children's or partners' needs if they were to buy a home, according to a survey from Zillow.

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Mortgage policy should take into account current market realities, says exec

Mortgagebroker News

"I think that there are opportunities where we could maybe ease some restrictions"

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The ultimate listing launch plan for 2023

Inman

Want to make sure you’ve got your listing ready to go before launch day? Use this handy checklist to ensure nothing falls through the cracks.

Agents 153
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The Top 10 Best Housing Markets Forecasted For Strong Demand This Decade

BiggerPockets

Strong demographics have fueled the U.S. demand for housing over the last several years.

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The problem with appraisals (and what we can do about it)

Inman

It is no secret that appraisals can make or break deals in the real estate industry. That's why their accuracy matters so much.

Appraisal 151
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Making Your Home Greener & Eco-Friendlier

Eppraisal

In today's day and age, taking care of the earth is more important than ever before. There are simple and cost-effective ways to make your home greener and eco-friendlier. There are also larger projects that cost a bit more but may be worth it in the long run. Making your home greener and more eco-friendly can also help increase your home value.

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Compass nabs upstate New York team from Keller Williams

Inman

Upstate Curious includes 15 agents, operates across 11 counties and is known for its successful Instagram presence.

Agents 161
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Variable rate mortgage borrowers – how are they faring in the current climate?

Mortgagebroker News

Monthly payments have skyrocketed in many cases

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Fifth Wall leads $9M Series B for Vero’s ‘new generation of leasing’

Inman

Vero, a RentTech company offering a platform for landlords and tenants, closed on a series B round of funding worth $9 million led by Fifth Wall, according to an announcement shared exclusively with Inman.

Landlords 109
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Reverse mortgage in action

Mortgagebroker News

A cushion against the rising cost-of-living

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FTC goes to court to stop ICE’s $11.7B Black Knight acquisition

Inman

Federal antitrust regulators are seeking a preliminary injunction to stop Intercontinental Exchange's planned $11.7 billion acquisition of mortgage tech provider Black Knight from closing on April 28 — before an administrative hearing to determine its legality has even begun.

Legal 103
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Nonrevolving Debt Increases as Auto Loan Rates Surge

Eyes on Housing

According to the Federal Reserve’s latest G.19 Consumer Credit report, total consumer credit outstanding totaled $4.78 trillion in February, a decrease of $12 billion over the month but $300 billion higher than February 2022. Nonevolving credit outstanding increased $1.0 billion while the level of revolving debt—primarily credit card debt—fell $13.0 billion over the month.

Lending 26
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3 ways NAR’s latest staging data can help sell your listing

Inman

Although home staging can be a valuable tool in your marketing arsenal, it can’t do everything. Here’s the latest from NAR’s 2023 staging survey.

Tools 113