Mon.Feb 26, 2024

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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties. The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. The average cost of a policy increased 40% in 2023 alone, according to a report by Redfin.

HOA 485
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A strong start to the year for new home sales

Real Estate News

Sales of new homes rose in January and inventory remained robust. Median prices were up even as some builders continue to offer buyer incentives.

Inventory 303
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Taking a closer look at the reasons seniors ‘unretire’

Housing Wire

More U.S. seniors are working today than ever before, a trend marked either by older Americans choosing not to retire, or choosing to actually rejoin the workforce after an initial retirement. This year is also set to see the U.S. population grow older at a faster rate. The trend was the subject of a recent book, “Unretired: How Highly Effective People Live Happily Ever After,” written by journalist and management consultant Mark Peabody.

Finance 441
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Meet a program unlike any other: Agents to list Offerpad homes

Inman

Discover Offerpad, founded by a former agent with firsthand experience, providing innovative and customized solutions for sellers and buyers nationwide for fast, convenient real estate transactions.

Agents 190
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HUD engages with other federal agencies to limit lead exposure

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) on Monday announced new agreements between HUD, the Environmental Protection Agency (EPA), the U.S. Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) to manage dangerous exposures to lead. One of the memorandums of understanding (MOUs) “expands, updates, and reaffirms” a previous 1997 agreement between the EPA and HUD to coordinate enforcement efforts related to lead-based paint hazard

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‘Do Less, More’: Mark Willis shares KW’s bare-bones growth strategy

Inman

Ahead of his first Family Reunion since returning to Keller Williams as CEO, Mark Willis shared his excitement with Inman — and his call for a return to the basics amid a housing market in flux.

More Trending

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With $15M goal, Knock turns to ‘everyday’ investors

Inman

Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It's using Wefunder to reach $15 million total.

Investors 187
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4 Success strategies for mortgage originators to thrive in 2024

Housing Wire

Mortgage originators who seek success in 2024 need to move with confidence and adaptability. To reach strategic goals for the year ahead — and avoid being left behind — here are four strategies for originators to consider. 1. Identify potential market impact The mortgage market is feast or famine, with origination volumes varying between high and low extremes.

Mortgage 431
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Offerpad narrows Q4 loss, expects to be back in black later this year

Inman

The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245 million to $285 million in revenue and achieve positive adjusted earnings later this year.

Agents 184
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RE team rev increased, net operating percentages decreased in 2023: Streamlined

Housing Wire

Upon examining the financial performance across various gross revenue categories, 2023 reveals a distinctive pattern in net operating percentages as they relate to increasing revenue levels, according to the Streamlined Quarterly Team Benchmarking Report , which looked at the financial performance of more than 200 teams across the nation. This report covers the Q4 2023 and the year at a glance.

Business 430
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Brokerages, lenders anticipate big recruitment push in 2024: Triple-I

Inman

Approximately 28 percent of brokerage leaders believe "recruiting and retaining talent" will be their most challenging responsibility one year from now, according to results from the Inman Intel Index survey.

Brokerage 184
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Newrez sues former employee for soliciting senior executives to join competing lender 

Housing Wire

Top 10 mortgage lender and servicer Newrez sued one of its former executives over multiple allegations, including breach of contract, disclosure of confidential information and unfair competition tied to soliciting several Newrez executives to join a competing lender. OneTrust Home Loans , a direct competitor of Newrez’s retail mortgage business, conspired with James Hecht, former Newrez executive vice president for national retail lending, to orchestrate the termination of several Newrez execut

Retail 421
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Leaders in luxury: In conversation with Daniel Heider

Inman

Under Daniel Heider's leadership, the HEIDER team boasts a global audience of more than 3.9 million across their various channels, making them the most-followed real estate practice group on social media.

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CoreLogic promotes industry veteran to lead real estate business

Housing Wire

CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday. In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene will report to Devi Mateti, president of the enterprise digital solutions team.

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Star broker Jaime Richichi moves to Sotheby’s International Realty

Inman

NYC Compass broker Jaime Richichi is taking her talents to Sotheby's International Realty. Richichi's home base will be SIR's East Side Manhattan brokerage; however, she's also licensed to serve clients at the brokerage's East Hampton and William Pitt offices.

Realty 180
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[Video] Customer Story: Boland

GoForrmz

“ We took a 40-minute process and cut it down to less than 10 minutes. ” — Aileen Klippel, IT Project Manager, Boland About Boland Boland is the leading commercial provider of HVAC systems, services, and building energy solutions in the Washington DC metro area. Operating for over 60 years, Boland has been at the forefront of delivering sustainable and energy-efficient solutions for commercial, institutional, and industrial buildings.

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5 tips for shepherding clients through mortgage challenges

Inman

Buyer demand is still robust, but affordability challenges can make it harder for clients to qualify for financing, Luke Babich writes. Here's how to help.

Clients 187
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What I Learned From National Retailers to Decide What and Where to Invest—And How You Can Do It Too

BiggerPockets

In 2005, I decided to start an investor services business. I reviewed all the popular investing literature. What I found were self-professed experts offering opinions and no processes.

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Extroverts beware: AI is giving real estate introverts the advantage

Inman

Luxury consultant Chris Pollinger helps you discover how AI is revolutionizing real estate marketing, empowering introverts to shine and reshaping professional dynamics.

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Dave Ramsey Is Wrong—Doing This Won’t Make You Wealthy, But There Is Another Way

BiggerPockets

Dave Ramsey is famous for his personal finance tips, most of which revolve around cutting expenses and adopting more frugal habits. That's great and sound advice, but it won't make you "rich." This is what you should do instead.

Finance 79
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3 key steps to prepare for the peak selling season

Inman

Above-average prices, buyer demand, a fast market pace and lower competition make April the perfect blend for a springtime boom.

Buyers 195
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Why Has the Housing Market Not Crashed in Over 15 Years?

BiggerPockets

Before I begin, I am not an economist. I don’t study the jobs report, watch the Dow, or follow economic TikTok accounts.

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What today’s buyers and sellers want in 2024

Inman

Learn how to boost your marketing by understanding today's home buyers and sellers, their motivations and desired home features.

Sellers 190
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Understanding the Tax Appeal Process in Westmoreland County, PA

Town & Country Residential Appraisals

In Westmoreland County, PA, a significant number of homeowners find themselves grappling with property tax assessments that seem higher than they ought to be. In some cases, property owners don’t even know what their assessed value is or how it relates to their property tax consequence. This is a crucial issue because with the common level ratio set at 10, an over-assessment means you're likely paying more in property taxes than you should be.

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Institutional investors are scooping up Kiavi’s ‘fix and flip’ bridge loans

Inman

Kiavi upsizes its 16th securitization to $350 million and says largest deal since November 2021 brings total issuance since 2019 to $4 billion.

Investors 180
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Unexpected rise in home sales shakes up Canadian economy

Mortgagebroker News

Surging sales ahead of interest rate cuts pose unexpected hurdles

84
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Should you leave your brokerage? 5 questions to ask yourself first

Inman

Should you tough it out at your current brokerage or risk the unknown by leaving? Milena Monet shares questions to ask yourself to decide.

Brokerage 180
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8 best real estate marketing companies to boost your business in 2024

Housing Wire

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate marketing isn’t just about posting a few property listings and hoping for the best. It’s a multifaceted strategy that encompasses branding, lead generation, social media management, content creation and more.

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Rate strategist questions BoC's inflation timeline

Mortgagebroker News

National Bank analyst sees a clear path to the 2% target within months

77
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How to Use Your Money “Archetype” to Address Your Biggest Financial Burdens

BiggerPockets

After tremendous research, the “MoneyType” quiz was finally released.

71
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Canada office market: Is the fog clearing?

Mortgagebroker News

Executive sees some room for optimism in outlook

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Mastering Vacation Rental Pricing Strategy for Hosts and Property Manager to Maximize Revenue

Mashvisor

Buying a property with a strong potential to generate competitive income is the first step towards starting a profitable short term rental business.

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Canada skirts recession but faces per-capita decline in Q4

Mortgagebroker News

Per-capita GDP decline continues for the sixth consecutive quarter

69
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Seeing Greene: Investing WITHOUT Burning Out and What We’d Do With $1M

BiggerPockets

Want to build a real estate business?