Housing Wire

MAY 3, 2023

The Federal Reserve affirmed on Wednesday that its next key federal funds rate hikes will depend on incoming data. In turn, economists and housing industry experts have now turned their attention toward the June meeting, as that decision will dictate the future movement of mortgage rates. The Fed’s move on Wednesday was well anticipated and should not cause a major shift in mortgage and other interest rates, experts noted.

Mortgage 417

Mortgage Buyers Marketing Inventory 417

Real Estate News

MAY 3, 2023

In a panel discussion, leaders of four fast-growing brokerages shared their thoughts on agent attrition, the commissions lawsuits and other hot topics.

Brokerage 263

Brokerage Agents 263

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. “Congratulations!” she said. “You just sold your house.” The agent wished me well and said that she would appreciate a review on her website. And that was that! A little backstory: The four-bed, 1.5 bath house in the Poconos showed well and I priced it very competitively – at $269,000.

Agents 407

Agents Real Estate Agent Brokerage Real Estate 407

Real Estate News

MAY 3, 2023

Frank Major is remembered as a “smart and kind” leader who served on the board of RESO and Byte Back, an organization working to close the digital divide.

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Housing Wire

MAY 3, 2023

30-year fixed mortgage rates declined slightly last week, the first rate drop in three weeks, but it wasn’t enough to boost mortgage demand. Mortgage applications fell last week by 1.2% on a seasonally adjusted basis compared to one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The 30-year fixed rate decreased five basis points to 6.5% last week, which is still 114 basis points higher than a year ago, Joel Kan , MBA’s vice pr

Mortgage 395

Mortgage Lending 395

George Dell

MAY 3, 2023

Around 1986, licensing and education efforts started – in order to “help prevent another crisis” like the Savings and Loan meltdown of those mid-1980’s. Effectively, the standards of the professional appraisal organizations were adopted in a joint effort of those groups. Then the “congressionally authorized” non-profit Appraisal Foundation took over licensing as well as standards […] The post Regulation Education?

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Appraisal 195

Real Estate News

MAY 3, 2023

The Seattle-based company beat analyst expectations for the first quarter and is entering a crucial period as it unveils new products.

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Housing Wire

MAY 3, 2023

As proptech evolves, so does the ability to automate processes within the real estate industry. Automation can lead to some serious ROI for property managers and operators, but it’s important to automate the right processes — otherwise, it may feel like you’re throwing money and technology at a problem without solving anything. According to Rently , a smart home and self-guided touring solutions provider, automation is key to ROI for property managers and operators, particularly leasing automati

Property Management 383

Property Management Technology Tools Business 383

Real Estate News

MAY 3, 2023

The company missed analyst expectations by $0.48 per share but achieved cost savings of $50 million while legal headwinds put pressure on the bottom line.

Legal 225

Legal 225

Inman

MAY 3, 2023

The plugins will allow users to employ conversational language to ask the chatbot details about specific listings and the kinds of homes they seek to fine-tune their search results.

Technology 164

Technology 164

Real Estate News

MAY 3, 2023

As many analysts had predicted, the Federal Reserve raised the benchmark interest rate for the 11th consecutive time since March.

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Inman

MAY 3, 2023

Following an emotional hearing disrupted by protestors, a preliminary vote Tuesday by the Rent Guidelines Board set the stage for increases of up to 5 percent for one-year leases, and 7 percent for two-year leases.

Tenants 162

Tenants Landlords Investing Marketing 162

Real Estate News

MAY 3, 2023

Members of UtahRealEstate.com and New Mexico MLS will be able to see listings across the coverage areas in both states.

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Inman

MAY 3, 2023

The founder of PropTech Consulting said artificial intelligence can revolutionize the industry, but stakeholders will need to tackle data quality, bias and privacy concerns, among other issues.

Real Estate 160

Real Estate Technology 160

Real Estate News

MAY 3, 2023

The company managed to cut losses by half in Q1, and CEO Brian Bair said Offerpad has a "realistic and achievable plan" to meet its goals.

Inventory 217

Inventory 217

Inman

MAY 3, 2023

Bringing on Dr. Clare Losey will allow ABoR to produce ongoing reports on all aspects of the Central Texas economy for its 20,000-plus members, their clients, and local policymakers.

Realtors 160

Realtors Clients Real Estate Marketing 160

Eyes on Housing

MAY 3, 2023

The Federal Reserve’s monetary policy committee raised the federal funds target rate by 25 basis points at the conclusion of its May meeting. Although the communication from the Fed did not explicitly indicate that they are done tightening, language used in their statement signals the Fed is moving toward a more data-dependent posture, albeit one that retains a hawkish bias.

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Inman

MAY 3, 2023

From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry.

Supply Chain 159

Supply Chain Real Estate Marketing Inventory 159

Eyes on Housing

MAY 3, 2023

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 66% in the first quarter of 2023, amid persistently tight housing supply. The homeownership rate remained statistically unchanged from the fourth quarter reading (65.9%). It is 0.6 percentage points higher than the rate in the first quarter of 2022. Compared to the peak of 69.

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Inman

MAY 3, 2023

Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales.

Technology 154

Technology Agents Marketing 154

Appraiserblogs

MAY 3, 2023

USPAP has introduced the terms DISPARATE TREATMENT AND IMPACT in its 5th exposure draft. Disparate treatment and impact are bad for appraisers because they can damage the reputation of the profession, lead to legal and regulatory action, and negatively impact the success and viability of individual appraisers and their businesses. Disparate treatment occurs when an appraiser treats individuals or groups differently based on their race, ethnicity, gender, religion, or other protected characterist

Legal 110

Legal Appraisal Real Estate Business 110

Inman

MAY 3, 2023

Following a dramatic Q4 in which the iBuyer posted losses of $121.1 million, Offerpad improved its net loss by 51 percent to $59.4 million in Q1 as it struggles to adapt to a shifting market.

Marketing 154

Marketing Technology 154

Valuation Review

MAY 3, 2023

ASA strategic partnership officer addresses Fannie Mae's search for a more automated future.

Appraisal 143

Appraisal 143

Inman

MAY 3, 2023

Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next.

Inventory 148

Inventory Real Estate Realty Brokerage 148

BiggerPockets

MAY 3, 2023

With all of the various strategies in real estate, how do you pick the best one for you? These seven ways you get started in real estate are great ways to get started.

Real Estate 78

Real Estate Investing 78

Inman

MAY 3, 2023

Down payment assistance programs can help more people make their dreams of homeownership come true, including up to one-third of all borrowers who fail to qualify without DPA.

Tools 148

Tools Lending Buyers Finance 148

BiggerPockets

MAY 3, 2023

Housing prices have been on the decline for seven straight months, but in March, the trend shifted gears. These markets are leading the charge.

Housing Market 75

Housing Market Marketing 75

Inman

MAY 3, 2023

Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next.

Inventory 148

Inventory Real Estate Realty Brokerage 148

Premier Home Appraisal Blog

MAY 3, 2023

Consider using us if you are looking for a house appraisal in Virginia! Get our best Home Appraisal Checklist. When we receive an appraisal order online for a home appraisal in Virginia, the purchaser gets the following home appraisal checklist as part of the Thank You confirmation page and email. We thought it would also make for a helpful and informative blog post for readers interested in a home appraisal but unsure of how the appraisal inspection will unfold.

Appraisal 52

Appraisal Appraisal Tips Inspection HOA 52

Inman

MAY 3, 2023

Approval in one day and closing within ten? It’s not a myth. It’s a service that the team at Guaranteed Rate has developed, and we wanted to learn more.

Mortgage 159

Mortgage Buyers Development Agents 159

Valuation Review

MAY 3, 2023

Intrinsic LLC launches fixed asset valuation practice. #Intrinsic #fixedassetvaluationneeds #externalproviders.

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Valuation 60

Inman

MAY 3, 2023

Since the accelerator launched a decade ago, 80 companies have graduated from the program, according to an Intel analysis. More than 75 percent are still in business and approximately 20 percent have been acquired.

Business 143

Business Design Realtors Technology 143

BiggerPockets

MAY 3, 2023

How do you go from absolute poverty to passive income in a short amount of time?

Real Estate 75

Real Estate 75

Inman

MAY 3, 2023

The independently owned Islandia Real Estate is now Islandia St. John Christie's International Real Estate, led by Managing Director Keleigh Rees.

Real Estate 159

Real Estate Brokerage 159