Housing Wire

MARCH 10, 2023

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Fannie Mae last Wednesday updated its Selling Guide to include more options for property valuations, saying that the GSE is “moving away from implying that an appraisal is a default requirement.

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Valuation Inspection Training Appraisal 383

Real Estate News

MARCH 10, 2023

For most of its 50 years, Corcoran was a regional player. But in 2020, its affiliate network took off, and “it’s just the beginning of the story.

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Housing Wire

MARCH 10, 2023

What a week this has been for the housing market , from the fireworks of Fed Chair Jay Powell’s Congressional testimony to an attempt to break over a critical line on the 10-year yield. Then Friday we got solid jobs and labor force growth data and the surprising failure of Silicon Valley Bank. Let’s look at each of these, one at a time. Fed Chair talk First, Federal Reserve Chairman Jerome Powell did not have his best week as he looked unsure of himself, like most Fed members have recently

Mortgage 378

Mortgage Housing Market Transportation Marketing 378

Real Estate News

MARCH 10, 2023

Listing Media Services in 6 new markets, MoxiWorks partners with Milestones, Revive partners with NextHome, CubiCasa adds MLS partners, Mosaik launches.

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Marketing 200

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. Along with the solid base of home equity that now exists — a byproduct of the rapid home-price appreciation in recent years — there also has been an increase in demand by borrowers to tap that equity.

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Housing Market Marketing Contracts Lending 362

Real Estate News

MARCH 10, 2023

The luxury brand reported steep quarterly and full-year losses, but said annual transaction volume outperformed the industry.

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Eyes on Housing

MARCH 10, 2023

The most recent release of the Z.1 Financial Accounts of the United States shows a decrease in the value of households’ real estate assets over the fourth quarter of 2022. As home prices begin to decrease from pandemic highs, households’ real estate asset value fell for the first time since the first quarter of 2012. The level of households’ real.

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Real Estate Market Value Marketing Mortgage 153

Housing Wire

MARCH 10, 2023

California-based lender Guild Mortgage posted a higher profit in 2022 thanks to its increased purchase mortgage market share — and now has its eyes set on acquiring other lenders. Guild, the purchase-focused lender with a distributed retail model, posted a net income of $328 million in 2022 despite posting a loss of $15 million in the fourth quarter of the year.

Business 349

Business Mortgage Loan Officers Retail 349

Inman

MARCH 10, 2023

In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO.

Real Estate 148

Real Estate Clients Insurance Lending 148

Housing Wire

MARCH 10, 2023

This week, the Community Home Lenders of America (CHLA) released a special report entitled “The Ubiquity of IMB Regulation.” This report is important to independent mortgage banks (like Atlantic Bay Mortgage ) that are increasingly dominating mortgage markets and leading the market in serving minority and underserved borrowers. Unfortunately, the growth of IMBs over the last decade has opened IMBs up to increasingly strident attacks.

Mortgage 343

Mortgage Business Insurance Marketing 343

Inman

MARCH 10, 2023

Coldwell Banker Seacoast Advantage allegedly pocketed commission fees it told its agents were going to the franchisor. The brokerage says the allegations are "a complete fabrication.

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Agents Brokerage Contracts 147

Housing Wire

MARCH 10, 2023

Despite the housing market cool down , homeowners with mortgages , which accounts for roughly 63% of all properties, gained $1 trillion in equity between the fourth quarter of 2021 and the fourth quarter of 2022, according to a report released Thursday by CoreLogic. On average, U.S. homeowners with mortgages gained $14,300 in equity , a jump of 7.3%, from Q4 2021 to Q4 2022.

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Contracts Housing Market Mortgage Marketing 342

Inman

MARCH 10, 2023

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say.

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Buyers Investing Inventory 134

Housing Wire

MARCH 10, 2023

Job growth continued in February, but at a slower pace, suggesting that the Federal Reserve interest rate hikes are having at least a mild impact on the labor market. However, the continued job market resilience could equate to even tighter monetary policy , spelling hard times ahead for the housing market. Total nonfarm payroll employment rose last month by 311,000 jobs compared to January , according to data released Friday by the Bureau of Labor Statistics.

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Construction Real Estate Housing Market Retail 314

Inman

MARCH 10, 2023

The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up 29 percent from last year.

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Mortgage 131

Eyes on Housing

MARCH 10, 2023

Job growth continued in February. After a revised 504,000 job gain in January, total nonfarm payroll employment increased by 311,000 in February, and the unemployment rate edged up to 3.6% from 3.4% in January. Wage growth increased to a 4.6% year-over-year gain from 4.4% last month, but down compared to February 2022. Today’s job report indicates that, overall, the labor.

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Construction 107

Inman

MARCH 10, 2023

People will remember your profile sometimes more often than they will remember your name if you do it right. Marketing expert Michelle Berman shows us how color can impact your brand and your audience engagement.

Marketing 126

Marketing Agents 126

GoForrmz

MARCH 10, 2023

Read our eBook all about upgrading your accounting business with the latest technology. Technology has quickly become one of the best ways to future-proof your business, and especially for accountants, is becoming a prerequisite for establishing trust with your clients. New technologies have the power to streamline processes, improve efficiency, and increase the overall profitability of your company.

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Technology Business Tools Clients 78

Inman

MARCH 10, 2023

Symba is fintech-light layered over a deal tracker, spliced with back-office accounting. It’s a superb tool for anyone new or growing in the business and a solid accessory solution for those already comfortable managing their numbers.

Finance 123

Finance Agents Tools Business 123

McKissock

MARCH 10, 2023

When it comes to growing your retirement savings, you may be wondering: What types of investment accounts should I use? And where should I locate them in order to utilize tax savings as much as possible? The real estate mantra “location, location, location” applies to retirement savings as well. Whether you’re a self-employed real estate appraiser or you work for a large company, here are some basic tips and guidelines on how to maximize your retirement savings.

Investing 86

Investing Bracketing Real Estate Appraisal 86

Inman

MARCH 10, 2023

The company logged revenue of $207.3 million in the fourth quarter of 2022 compared to $334.2 million a year earlier, according to an call Friday morning to discuss Q4 and 2022 earnings.

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Eppraisal

MARCH 10, 2023

If you own a home and are looking to upsize, downsize or purchase a home in another area, you may or may not need to sell your current house before hand to do so. Here are a couple of the most common options for doing so: Pay Cash If you have enough money in savings or investments to purchase the second house without selling your current house first, this might be the way to go.

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Sellers Home Value Real Estate Real Estate Agent 68

Inman

MARCH 10, 2023

Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales volume.

Brokerage 119

Brokerage Real Estate Agents 119

BiggerPockets

MARCH 10, 2023

Does seller financing apply to down payments? What happens when you buy a rental with squatters who refuse to leave? And is getting your real estate license even worth it?

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Sellers Finance Agents Real Estate 58

Inman

MARCH 10, 2023

Color can make a difference in everything from how you feel to how you’re perceived. Find out how to use it more effectively in your branding and marketing.

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Brokerage Marketing Agents 113

Mortgagebroker News

MARCH 10, 2023

Carolyn Rogers noted that productivity "isn't trending in the right direction so far"

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Inman

MARCH 10, 2023

The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics.

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Real Estate Mortgage Construction Brokerage 122

Mortgagebroker News

MARCH 10, 2023

Could an end to rate hikes bring some certainty back to the market?

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Marketing 67

Inman

MARCH 10, 2023

The Federal Trade Commission alleges the deal would put an end to intense competition between the companies and drive up costs for lenders and homebuyers.

Technology 106

Technology Mortgage 106

Mortgagebroker News

MARCH 10, 2023

More modest jobs growth returns after January's blockbuster report

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Inman

MARCH 10, 2023

Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for March 3-9, 2023.

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Mortgagebroker News

MARCH 10, 2023

Further hikes in 2023 can't be ruled out, says chief economist

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Will Springer Realtor

MARCH 10, 2023

What else is happening in and around your Seattle? Kid-Focused Learning, anytime Seattle offers a variety of museums with young people at their center. The Seattle Children’s Museum inside the Armory Building (305 Harrison St.) is perfect for kids ages 10 and under and includes a special exhibit – Neighborhood Paws – that helps young ones understand the workings of a veterinary office.

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Transportation Development 36

Mortgagebroker News

MARCH 10, 2023

TD Economics breaks down the factors that could trigger a slowdown

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