Housing Wire

JANUARY 11, 2024

Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data , increasing a few basis points early. It’s now at 3.98% , a far cry from 5.04% as we saw last year. This, while jobless claims data is still historically low. As I have stressed time and time again, when the market believes the Federal Reserve is done hiking rates, the markets make a big move lower with the 10-year yield and mortgage r

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Supply Chain Marketing Mortgage 504

Sacramento Appraisal Blog

JANUARY 11, 2024

Last year was a strange time in housing. On paper, it looked like home prices should have tanked in 2023 since we had some of the worst sales volume ever. Yet, prices didn’t dip that much. Today, let’s talk about what happened in a big recap. I hope you get something out of this. Any […] The post It was a weird housing market in 2023 first appeared on Sacramento Appraisal Blog.

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Housing Market Marketing Appraisal 310

Housing Wire

JANUARY 11, 2024

In the lead up to the Sitzer/Burnett real estate commission trial , the National Association of Realtors expected to prevail. “I am feeling cautiously optimistic and that is because I think that we will, in terms of the litigation, be able to convince a panel of jurors who are consumers that the way that the transaction has typically taken place in America, for 100 years, is the way it is because it makes the best sense for the buyers and sellers alike,” Katie Johnson, NAR’s chief legal counsel,

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Real Estate Agent Real Estate Buyers Agents 441

Real Estate News

JANUARY 11, 2024

Realtor.com ranked the top spots for younger buyers and found that smaller towns scattered across the Northeast and Midwest hold the most potential.

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Buyers 293

Housing Wire

JANUARY 11, 2024

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue. One potential stream that quickly comes to mind is the potential of capturing title and closing business.

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Real Estate News

JANUARY 11, 2024

Claim forms will be sent to eligible class members soon, but it's not clear how much money individual sellers will receive.

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Sellers 273

Real Estate News

JANUARY 11, 2024

Mortgage applications jumped nearly 10% as rates hold fairly steady, but higher-than-expected inflation numbers could spoil the party.

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Mortgage 229

Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. Like the March suit , filed in early November, just days after a Missouri jury found the National Association of Realtors , Keller Williams , and HomeServices of America liable for colluding to artificially inflate real estate agent commissions, the Friedman suit, named after its lead plaintiff, takes aim at REBNY and several local and national brokerage firms.

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Real Estate News

JANUARY 11, 2024

Kevin Sears stepped into the leadership role earlier this week, and in his first public message, shared his priorities for the association.

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Business 222

Housing Wire

JANUARY 11, 2024

Mortgage rates ticked up this week as the 10-year Treasury yield made its way back above 4%. The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, a slight increase from last week’s 6.62%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixed-rate mortgage averaged 5.87% this week, down from 5.89% the prior week.

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Real Estate News

JANUARY 11, 2024

REcolorado has signed agreements with regional MLSs in Georgia, Florida, California and Kansas, increasing listings access for agents.

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Agents 218

Housing Wire

JANUARY 11, 2024

After a long period of silence and extensions granted by the U.S. District Court for the Northern District of Texas , Ginnie Mae has filed its response to a lawsuit brought against it by Texas Capital Bank (TCB) saying the warehouse lender lacks standing and discounts the authority the government has to extinguish a lender from its reverse mortgage-backed securities program.

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Lending Government Legal Law 431

Inman

JANUARY 11, 2024

Futures markets still hold out hope for a March rate cut, even as annual inflation increased to 3.4 percent in December, moving away from the Fed's 2 percent goal for the first time since September.

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Mortgage Marketing 193

Housing Wire

JANUARY 11, 2024

Just over 60% of U.S. seniors at or over the age of 50 have not sought out professional retirement planning advice, despite data indicating a general lack of retirement preparedness among the older population according to a survey published this month by AARP and conducted by the National Opinion Research Center (NORC) at the University of Chicago. Using a sample size of about 1,000 U.S. adults, the survey found that roughly 621 respondents have never “used a financial professional to help plan

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Development 429

Inman

JANUARY 11, 2024

Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers.

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Sellers Buyers Brokerage 176

Housing Wire

JANUARY 11, 2024

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. The saga of NAR’s revolving door of presidents began in late August 2023 when the New York Times published an exposé revealing what it called a “culture of fear” and widespread sexual harassment at the trade group.

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Realtors Real Estate Legal Law 421

Inman

JANUARY 11, 2024

The mortgage lock-in effect that plunged the 2023 housing market into a deep freeze has finally started to thaw, according to a new Redfin market report published on Thursday.

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Marketing Mortgage Housing Market Sellers 176

Housing Wire

JANUARY 11, 2024

CoreLogic has debuted a new security solution for multiple listing services designed to reduce the risk of cybersecurity threats. Called Clareity Assure, the new, upgraded security platform is available to any MLS concerned about vulnerabilities in its listing data. Clareity Assure is powered by artificial intelligence and its functionalities feature adaptive authentication processes.

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Design Insurance Mortgage Finance 427

Inman

JANUARY 11, 2024

According to coach Darryl Davis, the opinion of eight people doesn't prove anything about the reality of our industry. By staying positive, keeping perspective and being proactive, real estate agents can continue to demonstrate their worth.

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Agents Real Estate Agent Real Estate 174

Housing Wire

JANUARY 11, 2024

Inflation edged up by 30 basis points between November and December, highlighting the difficulty of bringing consumer prices down to the target goal. Inflation is one of the key economic metrics that the Federal Reserve is monitoring as it plans for interest rate cuts later this year. Consumer prices were up 3.4% in December from a year earlier, up from 3.1% in November, according to data released by the Bureau of Labor Statistics on Thursday.

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Sellers Housing Market Marketing Mortgage 430

Eyes on Housing

JANUARY 11, 2024

Consumer prices rose again in December, driven by higher energy prices and sticky housing costs. Despite the increase, overall inflation has moderated by nearly half, declining from 6.5% in 2022 to 3.4% by the end of 2023. However, even after peaking in March 2023, shelter costs continue to put upward pressure on inflation, accounting for over two-thirds of the total.

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Housing Wire

JANUARY 11, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Getting your real estate license in California can take as little as 7.5 weeks. We’ll show you how to get a real estate agent in California, taking you through the process step-by-step. We’ll provide all the information and prerequisites you’ll need to get started.

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Real Estate Real Estate Agent Agents Law 419

Inman

JANUARY 11, 2024

Join the conversation on Inman Access this week as we dive into the art of forging authentic connections within your community and lasting relationships that go beyond transactions.

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Agents 171

Appraiserblogs

JANUARY 11, 2024

What were the results? Most had foreclosures. They bought a house worth much less than they paid for it and never planned or budgeted to make a mortgage payment in the first place. About 2 years before the crash of ‘08, I ran across a company out of DC called “Metro Grapevine” and “Metro Dream Homes.” It was a Ponzi scheme marketed by a black to blacks only.

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Home Value Valuation Appraisal Mortgage 120

Inman

JANUARY 11, 2024

Combating false urgency is a strategic imperative, writes Nikki Beauchamp. By prioritizing ruthlessly and leaning into the things that really matter, you'll save time and avoid burnout.

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Real Estate Agent Business Real Estate Agents 170

Empire Appraisal Group

JANUARY 11, 2024

Market Update – Coral Springs – Nov 2023 and Q3 2023 For over 20 years we have been providing real estate valuation services to Coral Springs and the rest of Broward County. We specialize in setting an accurate listing price for your home whether you are selling for sale by owner or using an agent, we value the marital home for divorce / dissolution of marriage, for estates we can provide the properties value as of the date of death, for immigration purposes as part of an affidavit

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Marketing Valuation Real Estate Agents 78

Inman

JANUARY 11, 2024

The 1958-built property designed by architect Hugh Kaptur and later renovated by architect Albert Frey is hitting the market for the first time since its completion at $8.75 million.

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Modernization Renovations Marketing Design 166

GoForrmz

JANUARY 11, 2024

A step-by-step guide to evaluating potential SaaS providers Now more than ever, choosing the right Software as a Service (SaaS) platform is pivotal to your business success. Whether you’re a startup or a well-established corporation, the decision to opt for a SaaS solution demands a thorough evaluation process. The following best practices for evaluating a SaS platform can help ensure a seamless partnership for your organization that aligns with your business needs and goals.

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Business Contracts Investing Technology 78

Inman

JANUARY 11, 2024

A new report from StreetEasy suggests that the World's Borough will be crowned the hottest borough in New York City after a stellar 2023.

Marketing 183

Marketing 183

Lamacchia Realty

JANUARY 11, 2024

Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.

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Realty Brokerage Agents Training 67

Inman

JANUARY 11, 2024

Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com.

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Brokerage Real Estate Technology 169

Lamacchia Realty

JANUARY 11, 2024

Lamacchia Realty, Inc. has released their “Top Producing REALTORS®,” for all of 2023! This program recognizes the Top 10 REALTORS® out of the over 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! 2023 Winners of the Top 10 for the Company are: Eileen Doherty grew up in Woburn and resides in the area to this day.

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Realtors Realty Real Estate Agents 66

Inman

JANUARY 11, 2024

In his latest Snapshot, Brandon Doyle talks to Canadian coach Richard Robbins about personal transformation and meaningful mindset shifts.

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Real Estate Brokerage Agents 172

Mortgagebroker News

JANUARY 11, 2024

It's the mortgage professional's responsibility to be a reliable bastion of knowledge for their clients, says Ontario-based agent

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Clients Agents Mortgage 71