Housing Wire
MARCH 30, 2023
With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? Many people predicted that the U.S. housing market would crash during the pandemic. One of the main reasons for that fear was that housing credit was about to get tight, meaning fewer people could buy homes with mortgages.
Real Estate News
MARCH 30, 2023
In a tough year for real estate, many of the top companies and franchise brands held onto their rankings, but only a few were able to grow sales volume.
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Housing Wire
MARCH 30, 2023
Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Freddie Mac’s Primary Mortgage Market Survey showed on Thursday that the 30-year fixed-rate mortgage was 6.32% as of March 30, down 10 basis points from the previous week, mainly due to the economic uncertainty caused by bank collapses.
Real Estate News
MARCH 30, 2023
Since peaking in November, rates have been up and down — and up and down. Economists say it's hard to predict what's next, but buyers may want to act now.
Housing Wire
MARCH 30, 2023
New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage loan officers, final “docs” associates, desktop support professionals and business solutions architects, among others.
Real Estate News
MARCH 30, 2023
Agents surveyed for NAR's Profile of Home Staging reported that staged homes can sell faster and for more money, even in a sellers market.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
MARCH 30, 2023
Watch the new Inman Access classes with Jeff Lobb and Philip Hordijk to learn how and when you should be using ChatGPT and the importance of marketing and finding a niche for your business.
Housing Wire
MARCH 30, 2023
The Federal Housing Finance Agency (FHFA)’s Office of the Inspector General (OIG) has determined that the FHFA has followed guidance related to conservatorship of the government-sponsored enterprises (GSEs). However, staff turnover and pervasive record keeping issues have caused a loss of critical documentation, according to a new FHFA OIG report. As a result, new document retention practices should be implemented, the OIG said.
Inman
MARCH 30, 2023
Agents are more open to conversations when the market gets tough because they are looking for solutions that will help them get out of pain and help them thrive for months and years to come.
Eyes on Housing
MARCH 30, 2023
According to the 2021 American Community Survey (ACS), 23% (or close to 2.5 million) of workers employed in construction are self-employed. This is a whole percentage point higher than the share of self employed in construction in 2019, before the pandemic rattled the labor market. Even though the Covid-19 pandemic boosted self-employment across all industries, construction self-employment rates remain significantly.
Inman
MARCH 30, 2023
How did we get here, and what should we be focusing on as agents? These are the questions Jimmy Burgess posed to Keeping Current Matters' George Ratiu, chief economist, and David Childers, president.
Riverfront Appraisals
MARCH 30, 2023
In their March 2023 Update to their Selling Guide, Fannie Mae shook up the real estate industry in the name of ‘modernization’. In case you missed it, or just have no idea what’s going on in the appraisal world right now, I’ll attempt to share some of the news, along with my perspectives on it, […] The post FAQ #13: What in the World is Going on With Fannie Mae?
Inman
MARCH 30, 2023
The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes.
Eyes on Housing
MARCH 30, 2023
According to NAHB analysis of Federal Deposit Insurance Corporation (FDIC) data, large banks (assets greater than $10 billion) have increased their share of the residential construction loan market above pre-Great Recession levels in recent years. A 1-4 family residential construction loan is used for residential 1-4 family construction and land development.
Inman
MARCH 30, 2023
Pitt began shopping for a buyer at a $40 million asking price in January, according to reports. The home, he purchased from actress Cassandra Peterson "Elvira," was never publicly listed.
Empire Appraisal Group
MARCH 30, 2023
NEWS & MEDIA z_wei, iStock, Getty Images Source: Fed Wants Home Prices to Fall – It’s Not a Side Effect | Florida Realtors Fed Wants Home Prices to Fall – It’s Not a Side Effect By Meghan McCarty Carino From the Federal Reserve’s perspective, they’re starting to win the fight against inflation if home prices are going down. NEW YORK – The housing market has slowed way down, as expected, in response to rising interest rates.
Inman
MARCH 30, 2023
The concept of ‘home renovation’ is undergoing a transformation right now. Things that used to stop sellers in their tracks — bloated quotes, timelines without deadlines, and blind trust — are things of the past. Curbio is disrupting the industry with transparency, technology, and results.
Lamacchia Realty
MARCH 30, 2023
The NCAA March Madness Men’s Basketball Tournament is heating up as the Final Four are preparing to face off this coming Saturday. Players, coaches, and fans alike are feeling the pressure, hoping to see their team reign as champions. Alongside these jitters, fans and residents are feeling an immense amount of pride for their home cities, especially since this is the first time for most of these teams to make it to the Final Four!
Inman
MARCH 30, 2023
Realtor.com's latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity.
Premier Home Appraisal Blog
MARCH 30, 2023
Consider us when looking for a Real Estate Appraiser in Virginia! Our six (6) Pro Tips to boost your home’s value in Virginia. Ways to increase your home appraisal. Are you looking to sell your home soon or preparing for a refinance? House appraisals are a vital part of the process, and if you want to get the most value for your home, it's essential to make sure that it appraises for as much as possible.
Inman
MARCH 30, 2023
The work doesn't end once you have a lead. Here's how to turn that possibility into profitability with a month-by-month conversion plan.
Premier Home Appraisal Blog
MARCH 30, 2023
Consider us when looking for a Real Estate Appraiser in Virginia! Our six (6) Pro Tips to boost your home’s value in Virginia. Are you looking to sell your home soon or preparing for a refinance? Appraisals are a vital part of the process, and if you want to get the most value for your home, it's essential to make sure that it appraises for as much as possible.
Inman
MARCH 30, 2023
The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million.
National Association of Realtors
MARCH 30, 2023
Allegations of appraisal bias have been widespread in the news in recent years, but few cases have resulted in legal clarity.
Inman
MARCH 30, 2023
Find out how these Boca Raton natives use social media and the power of networking to create leverage and sell homes.
BiggerPockets
MARCH 30, 2023
Financial freedom allows you to do what you want, when you want, and with who you want. But it’s not just for lounging in hammocks or jet-setting around the world.
Inman
MARCH 30, 2023
Make sure you aren’t rushing into growth simply for growth’s sake when building your team, Mauricio Umansky writes. Take your time planning the structure of your company and figuring out what your ideal hire looks like.
Mortgagebroker News
MARCH 30, 2023
The lay of the land is becoming clearer with some stability returning to the market
Mashvisor
MARCH 30, 2023
AllTheRooms is one of the most popular online sources of short term rental data and analytics. But should you consider AllTheRooms alternatives?
Mortgagebroker News
MARCH 30, 2023
Regulator set to heighten expectations for detection and prevention of fraud
BiggerPockets
MARCH 30, 2023
Last week, the Federal Reserve both surprisingly and unsurprisingly raised rates.
Mortgagebroker News
MARCH 30, 2023
The changes came in response to widespread concerns over housing affordability
Housing Wire
MARCH 30, 2023
The Independent Community Bankers of America (ICBA) and 42 affiliated state banking associations are calling on the Consumer Financial Protection Bureau (CFPB) to approve language that allows community banks to test out different consumer construction and construction-to-permanent loan disclosures, which the group describes as “a core offering of community banks in many local communities.
Mortgagebroker News
MARCH 30, 2023
Experts weigh in on possible impact of new government proposals
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