Housing Wire

APRIL 28, 2023

Mortgage tech company Blend incurred a whopping $769 million loss in 2022, leading some mortgage tech analysts to question the company’s runway and survivability. Nima Ghamsari, CEO and co-founder of Blend, acknowledged that the company was focused on “too many things” a year ago. But Blend is now focused on cutting costs, growing its mortgage business and its Blend Builder platform – which Ghamsari noted will be the future platform of mortgages and consumer banking products.

Mortgage 383

Mortgage Investing Business Marketing 383

Real Estate News

APRIL 28, 2023

A new trends survey found that while most buyers still have trouble finding homes that fit their budget, more are optimistic about their chances.

Buyers 243

Buyers 243

Housing Wire

APRIL 28, 2023

Like its other Big Four counterparts , the first quarter of 2023 did not produce great financial results for Old Republic. “As we started adjusting to the normal seasonal real estate markets , or which the first quarter has traditionally been the slowest, the continual rapid rise of interest rates couple with tight inventory certainly contributed to the softer market,” Carolyn Monroe, the president of the firm’s title segment, told investors and analyst’s during Old Republics first-quarter earni

Insurance 376

Insurance Real Estate Inventory Investors 376

Real Estate News

APRIL 28, 2023

Expanding homeownership remains a crucial task, says Dr. Lisa Sturtevant, as the White-Black homeownership gap is even wider now than it was in 1970.

Housing Market 193

Housing Market Marketing 193

Housing Wire

APRIL 28, 2023

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. The new digital documents are accessible to visually impaired users and others with disabilities, unlocking opportunities for these consumers into the broader mortgage market. “Much of modern lending technology is designed to give consumers the convenience to access loan documents in the ways that work best for them.

Design 371

Design Lending Technology Modernization 371

Inman

APRIL 28, 2023

Although median home price growth has slowed from its once-maniacal pace, purchasing a home is still an expensive feat as existing-home prices reached $375,700 in March. Inflation and elevated mortgage rates have created additional financial pressure and placed homebuyers on precarious hunts for affordable homes — even if they have to switch their area codes.

Brokerage 161

Brokerage Mortgage Marketing 161

Inman

APRIL 28, 2023

As uncomfortable as New York City's rent hikes feel to many tenants now, they don't compare to the soaring prices of Singapore's prime rental market, The Wall Street Journal reported.

Tenants 161

Tenants Marketing Real Estate 161

Eyes on Housing

APRIL 28, 2023

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.3% in March. The pace of personal income growth slowed after reaching a 0.8% monthly gain in October. Gains in personal income are largely driven by increases in compensation, personal income receipts on assets, and rental income. Real disposable income, income remaining after.

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124

Inman

APRIL 28, 2023

Judge Thomas Zilly denied Zillow's motion for a protective order, saying CEO Rich Barton must complete three hours of questioning from REX's counsel about the company's "Project Bookshelf.

Real Estate 161

Real Estate Brokerage 161

McKissock

APRIL 28, 2023

As part of our contributor series, Steven W. Vehmeier, Appraisal Educator Emeritus, shares an easy-to-understand appraisal reconciliation technique called Weighted Mean. In my experience reviewing appraisal reports, it has been common to see a brief, obviously canned, reconciliation, such as: “ The sales comparison approach yields the strongest indication of the subject property’s value because it best replicates the actions of buyers and sellers in the market area.

Appraisal 69

Appraisal Development Training Construction 69

Inman

APRIL 28, 2023

Billings, Montana, real estate agent Alyssa Webb was taking a cellphone video of the vacant home during a tour with clients when she turned a corner and came face to face with the vagrant.

Agents 161

Agents Real Estate Agent Real Estate Clients 161

BiggerPockets

APRIL 28, 2023

How important is the real estate market you’re investing in? You could be searching for deals for months, not finding anything worth buying, and may want to call it quits.

Marketing 70

Marketing Real Estate Investing 70

Inman

APRIL 28, 2023

The event, which took place at The Wynn in Las Vegas, facilitated networking, relationship-building and education across about 3,000 of the brand's agents, brokers and staff.

Agents 161

Agents Realty Brokerage 161

Mashvisor

APRIL 28, 2023

You’ve heard it all before. Real estate investing is all about location. This blog will show you the top places for rental properties in the USA.

Real Estate 62

Real Estate Investing Investors Marketing 62

Inman

APRIL 28, 2023

Adana Leonard and Tommy Kanarellis — who's returning to Compass after a stint at Douglas Elliman — focus on luxury listings and join the brokerage amid fierce competition for top agents.

Agents 155

Agents Brokerage Realty 155

Mortgagebroker News

APRIL 28, 2023

The national housing agency has significantly downgraded its forecast for 2023 home construction

Construction 69

Construction 69

Inman

APRIL 28, 2023

While homeowners are staying put out of reluctance to lock in higher mortgage rates, the few homes on the market are drawing competition, according to a report released Friday by Redfin.

Inventory 155

Inventory Marketing Mortgage 155

Mortgagebroker News

APRIL 28, 2023

CIBC's Tal weighs in on the outlook for yearly price growth

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Inman

APRIL 28, 2023

The "State of Real Estate Marketing" report released on Friday by Luxury Presence and Sell It Like Serhant surveyed over 1,000 luxury real estate agents to gain insights into agents' plans for marketing in 2023 and best practices.

Real Estate Agent 155

Real Estate Agent Marketing Real Estate Agents 155

Eppraisal

APRIL 28, 2023

The COVID-19 pandemic responses gave many workers a taste for doing their jobs at home. Without commutes and confrontations, the workday became much more civilized and much less stressful. Of course, many workers did not have the luxury of this transition. Self-employed people -- working outside of the home -- had to adjust to a customer base that was more reticent about going out at all.

Retail 36

Retail Business Design Home Value 36

Inman

APRIL 28, 2023

To launder the funds, the U.S. Attorney's Office says Rendon enrolled with a payroll processor to issue fraudulent checks to herself, friends and family. The agent faces up to 20 years in prison if convicted, though the government is reportedly recommending her sentence be reduced.

Agents 155

Agents Government 155

Mortgagebroker News

APRIL 28, 2023

Liquidity crisis seems to be limited to US banks at present

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62

Inman

APRIL 28, 2023

Burnett purchased the 2,800-square-foot 13th-floor unit for $1.26 million in 2002, and renovated it with husband Brian Miller in 2011. The property sold five days before her birthday, according to Zillow.

Renovations 155

Renovations Realty Real Estate 155

Mortgagebroker News

APRIL 28, 2023

New report suggests a sizeable percentage of office buildings could be converted

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51

Inman

APRIL 28, 2023

Inman asked chatbots and image generators to mimic human-made content, much of it from Inman's news coverage earlier this week. How many readers can see the difference?

Technology 155

Technology 155

Mortgagebroker News

APRIL 28, 2023

This cohort is the main driver of cottage activity in as much as 91% of markets across the country

Buyers 36

Buyers Marketing 36

Inman

APRIL 28, 2023

Environment is everything when it comes to productivity and optimal outcomes, writes team leader Carl Medford. Here's how to create one that's conducive to success.

Agents 155

Agents 155

Mortgagebroker News

APRIL 28, 2023

High debt costs and ongoing changes in workplace arrangements were the main drivers of volatility

Marketing 36

Marketing 36

Inman

APRIL 28, 2023

The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity.

Brokerage 155

Brokerage Real Estate Agents Technology 155

Housing Wire

APRIL 28, 2023

Wells Fargo and T.D. Jakes Group announced a 10-year partnership aimed at “revitalizing neighborhoods” and creating long-term change in communities most in need. The announcement comes a year after Bloomberg reported that only 47% of Black homeowners who completed a refinance application with Wells Fargo in 2020 were approved, compared with 72% of white homeowners.

Lending 427

Lending Retail Development Investing 427

Inman

APRIL 28, 2023

Discover the path to becoming a successful real estate broker, including essential qualifications, responsibilities and earning potential.

Real Estate 155

Real Estate Real Estate Agent Brokerage Agents 155

Appraisal Today

APRIL 28, 2023

Appraising Solar Panels By Mark Buhler Excerpts: You drive up to the property. There they are, on the roof: those shiny black rectangles that are just about to turn a simple assignment into a headache. What to do? Put the car in reverse and slowly back away? Call the client and have them re-assign the order? Those are certainly options. But in today’s tight market, with orders as scarce as hens’ teeth, let’s explore some other approaches to solving this problem.

Appraisal 52

Appraisal Real Estate Business Contracts 52

Inman

APRIL 28, 2023

Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.

Brokerage 154

Brokerage Agents 154

Appraiserblogs

APRIL 28, 2023

Politicized boards and commissions with little accountability to the electorate want to deplatform these truth-tellers at every turn. This month, the U.S. Supreme Court dealt a blow to the Regulatory State. Financial analysts, fiduciaries, auditors and appraisers should take heart. Those targeted by a growing number of independent agencies, boards and commissions may now immediately challenge an agency’s constitutionality in federal court without having to submit to a drawn-out administrative p

Appraisal 110

Appraisal Development 110