Housing Wire

JUNE 13, 2023

Inflation was running over 9% last year and the headline inflation growth rate has cooled off a lot recently. Does this mean the Federal Reserve will pivot soon to prevent a recession? I don’t believe they will, but the growth rate of headline inflation falling is good enough for them to pause rate hikes tomorrow. The core aspect of inflation is taking time to head lower, and this is the part of the inflation picture that the Fed cares most about.

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Marketing Mortgage Housing Market 496

The Appraiser Coach

JUNE 13, 2023

I want to share a principle with you. And when you hear it, it won’t be some earth-shattering revelation. It’s probably something that you already know, something that already makes sense. The principle is this: replication increases productivity. Think about it. In your business right now, there are probably at least a few things that you do over and over again, day in and day out.

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Appraisal Business Inspection Advertising 195

Housing Wire

JUNE 13, 2023

Atlanta-based Equity Prime Mortgage (EPM) has decided to focus its investments on the wholesale channel amid the most challenging mortgage market in decades. This has resulted in the company closing branches and laying off loan officers on the retail side. “Wholesale is growing. It’s a shift that is happening in the market. And we’re just going along with the shift,” Eddy Perez, co-founder and CEO, said in an interview. “We still have retail, but we do believe that

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The Appraiser Coach

JUNE 13, 2023

I want to share a principle with you. And when you hear it, it won’t be some earth-shattering revelation. It’s probably something that you already know, something that already makes.

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Inspection Advertising Real Estate Agent Government 195

Housing Wire

JUNE 13, 2023

With the Federal Reserve meeting on Wednesday to discuss the federal funds rate, all eyes have been on May’s Consumer Price Index inflation data. After recording a 4.9% annual increase in April, the CPI rose just 4.0% year over year in May, before seasonal adjustment, according to data released Tuesday by the Bureau of Labor Statistics (BLS). This is the smallest 12-month increase since the year ending March 2021 and the 11 th consecutive month of inflation declines.

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Housing Market Insurance Realtors Marketing 370

Real Estate News

JUNE 13, 2023

Improvements to the CRM platform and app are intended to give agents a leg up with lead generation, marketing and workflow.

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Agents Marketing 232

Real Estate News

JUNE 13, 2023

Inflation rose only slightly in May to an annual rate of 4%, down significantly from its peak of more than 9% last summer.

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Eyes on Housing

JUNE 13, 2023

Consumer prices in May saw the smallest year-over-year gain since March 2021, mainly driven by lower energy prices. This marked the eleventh consecutive month of deceleration. While this measure aligned with expectations, core inflation remained persistent due to the increase in rent prices.

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Real Estate News

JUNE 13, 2023

Joint ventures and continuing consolidation may help MLSs better serve both subscribers and consumers.

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Inman

JUNE 13, 2023

The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates, economists said. But there are still warning signs.

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Marketing 155

Real Estate News

JUNE 13, 2023

Home values are up, and so are bidding wars, according to the latest Zillow market data.

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Inventory Home Value Marketing 232

Inman

JUNE 13, 2023

The new features will allow agents to automate more of their work and better manage their deals, according to an announcement Tuesday. The goal is to help agents amid a challenging market.

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Agents Marketing Technology Brokerage 148

GoForrmz

JUNE 13, 2023

“ The customer service is excellent! I ask a lot of questions, and GoFormz has had no problem getting back to me within the hour to assist our needs. ” — Shelly Perez, Chief Administrator and Head of HR, Cal Coast Commodities, LLC About Cal Coast Commodities Cal Coast Commodities, located in Crows Landing, California, provides an array of services within the agriculture industry, specifically for almonds and dry beans.

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Logistics 78

Inman

JUNE 13, 2023

By backing its membership and ignoring bad actors, the National Association of Realtors has set itself up for government oversight and intervention, writes Revaluate co-founder Chris Drayer.

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Realtors Government Lending Brokerage 147

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I have also worked with hundreds of real estate agents, some of whom have a good understanding of the appraisal process and some who don’t. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

Inman

JUNE 13, 2023

The Array Apartments in Austin, Texas, has announced a "mandatory" curfew between 10 p.m. and 5 a.m. each night. But legal experts are skeptical such a rule can be enforced.

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Legal 148

San Jose Real Estate

JUNE 13, 2023

The Monta Vista neighborhood in Cupertino is well known for its top rated schools, close in commute, and huge percentage of well educated, high tech residents. It boasts incredibly scenic open space, parkland, and recreation opportunities. The Monta Vista neighborhood is probably the most sought after part of the Cupertino real estate market.

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Real Estate Marketing 57

Inman

JUNE 13, 2023

One of the more robust proptech-partner networks in the industry is now slightly more geographically minded as MoxiWorks welcomes market-intelligence firm Local Logic to its MoxiCloud.

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Marketing Technology 147

Mortgagebroker News

JUNE 13, 2023

The Bank of Canada has essentially been left on its own in the "dirty work" of bringing down inflation levels

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Government 67

Inman

JUNE 13, 2023

Founded in 2020 by Blend veterans Mike Yu and Devon Yang in San Francisco, the loan origination system has rolled out a series of product upgrades since $30 million Series A.

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Technology Mortgage 146

Lamacchia Realty

JUNE 13, 2023

FUN THINGS TO DO IN SOUTH FLORIDA THIS SUMMER Residents and tourists alike believe that South Florida is one of the best places to be. Those who live here are fortunate enough to experience a warm and tropical climate almost all year. However, there is an undeniable charm and excitement that accompanies the arrival of summer in this area. Floridians eagerly look forward to this time of year when the sun shines brightly, and they can engage in various enjoyable activities.

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Realty 53

Inman

JUNE 13, 2023

Judge says agent Kouri Richins presents a "substantial danger" to the public after she was charged with lacing her husband's drink with fentanyl after an argument over $2 million mansion purchase.

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Realtors Agents 145

Buys Brokers Only LLC

JUNE 13, 2023

As more homeowners look for ways to protect the environment and save money on energy costs, more prospective home buyers in Massachusetts will consider buying a house with solar panels installed.

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Buyers Real Estate 51

Inman

JUNE 13, 2023

Transitioning from employee to entrepreneur is challenging, writes broker-owner Elisha Lopez. It pushes you out of your comfort zone and into a better version of yourself.

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Brokerage Agents 146

Mortgagebroker News

JUNE 13, 2023

Such conversions will play a significant role in improving affordable housing supply, according to developers

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Development 66

BiggerPockets

JUNE 13, 2023

A $100K “exotic plant” side hustle to over $2 million in real estate?

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Real Estate 74

Mortgagebroker News

JUNE 13, 2023

Transparency helps avert the usual stumbling blocks that lead to delays, says exec

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Lending 67

Eppraisal

JUNE 13, 2023

The dream of homeownership has long been a cornerstone of the American Dream. However, with soaring home prices across the United States, millennials are faced with significant challenges in their quest to purchase a home. Despite these obstacles, resourceful millennials are discovering innovative strategies to turn their dreams into reality. These innovative strategies include: Embracing Co-Ownership One increasingly popular solution among millennials is co-ownership.

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Government Technology Real Estate Finance 36

Mortgagebroker News

JUNE 13, 2023

"It's getting closer and closer to 2025.

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Marketing Mortgage 69

Housing Wire

JUNE 13, 2023

Add Guild Mortgage to the list of lenders offering down payment assistance programs in order to court more buyers at a time when mortgage rates remain elevated. The California-based lender rolled out a 1% down payment advantage program this week that allows customers to buy a home with a minimum down payment of 1% of the purchase price. Guild will also cover 1% of the borrower’s interest rate for the first year with a lender-paid temporary buydown.

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Buyers Retail Mortgage Insurance 421

Mortgagebroker News

JUNE 13, 2023

A downturn is still in the cards, new analysis says

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Housing Wire

JUNE 13, 2023

As with the rest of the nation, the state of Massachusetts is looking for solutions to temper inventory shortages and high housing costs. While state lawmakers are currently debating rent control legislation as one potential answer to the issue, the Massachusetts Association of Realtors (MAR) is advocating to increase housing construction instead, according to reporting by the Massachusetts’ State House News Service.

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Construction Agents Government Law 384

Inman

JUNE 13, 2023

Watch the new Inman Access class featuring Julia Lashay Israel to learn the importance of buyer consultations and how to build trust and rapport as a foundation for smooth transactions.

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Clients Buyers Tools Agents 132

Housing Wire

JUNE 13, 2023

Mortgage credit availability dropped in May, a consequence of a tougher mortgage landscape that has resulted in lender consolidation as well as high rates and limited inventory that has stretched consumer budgets. The monthly Mortgage Credit Availability Index fell by 3.1% to 96.5 last month, according to the Mortgage Bankers Association. A decline of the index, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase suggests loosening credit.

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Mortgage Government Lending Contracts 370