Housing Wire

SEPTEMBER 20, 2023

Housing markets in Western states like Idaho, Wyoming and Utah are stumbling on a year-to-year basis, while markets east of the Mississippi are heating up, according to CoreLogic data provided exclusively to HousingWire. As of Sept. 1, the top 10 states by year-to-year growth in the CoreLogic House Price Index are located exclusively in the Midwest or Northeast, with Vermont’s 8.52% gain leading the nation.

Real Estate 483

Real Estate Housing Market Inventory Marketing 483

Inman

SEPTEMBER 20, 2023

Pam O'Connor retired as CEO of Leading Real Estate Companies of the World and was named one of the top 25 thought leaders by the National Association of Realtors. In this op-ed, she shares her thoughts on the organization, its business model, and makes the case for what else needs to change.

Realtors 185

Realtors Real Estate Business Brokerage 185

Housing Wire

SEPTEMBER 20, 2023

The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. However, the door remains open for another increase as early as November. Most Fed officials last June had penciled in two more rate rises this year, one in July and one more in the fall. Most investors are already wondering what it would take for the central bank to lift rates again later this year.

Mortgage 442

Mortgage Housing Market Landlords Investors 442

Inman

SEPTEMBER 20, 2023

Treasury yields, a barometer for mortgage rates, barely budged Wednesday as bond market investors look ahead to next year when the Fed is expected to start bringing short-term rates back down.

Mortgage 179

Mortgage Investors Marketing 179

Housing Wire

SEPTEMBER 20, 2023

In the week leading up to the Federal Open Market Committee meeting, mortgage applications finally ticked up. For the week that ended Sept. 15, mortgage applications rose 5.4% from the prior week , according to data from the Mortgage Bankers Association. Last week, purchase applications increased for both conventional and FHA loans but remained 26% lower than the same week a year ago.

Mortgage 441

Mortgage Inventory Buyers Contracts 441

Inman

SEPTEMBER 20, 2023

Does size matter? It depends on your goals, says Livian's Erin McCormick Torres. Here are the pros and cons of small teams and mega teams, to help you wade through your options before making any big decisions.

Real Estate 176

Real Estate Agents 176

Inman

SEPTEMBER 20, 2023

The third annual Top Producers list honors 388 agents and team leaders who raked in $8.53 billion in 2023 alone, reflecting the growing influence of LGBTQ+ agents in the industry, the Alliance says.

Real Estate 173

Real Estate Agents Brokerage 173

Housing Wire

SEPTEMBER 20, 2023

When it comes to keeping in touch with your clients, consistency is key. You need a communication plan that keeps you top of mind with your sphere of influence so they’ll contact you when they need to buy or sell a home. At the same time, your touch points should be authentic and help you build and nurture client relationships beyond the transaction.

Real Estate 414

Real Estate Clients Client Relationships Agents 414

Inman

SEPTEMBER 20, 2023

Applications for FHA mortgages and conforming loans backed by Fannie and Freddie were up last week, even as rates crept back toward 2023 highs registered in August.

Mortgage 176

Mortgage Marketing 176

Housing Wire

SEPTEMBER 20, 2023

First impressions matter, especially in the luxury real estate market. And often your first impression as a brokerage or an agent is your online presence. A well-designed and captivating digital platform instantly conveys professionalism, credibility and exclusivity — and the opposite can turn customers away. From your website to your social media platforms, setting a high standard creates a lasting positive impression on potential clients.

Real Estate 404

Real Estate Brokerage Luxury Properties Agents 404

Inman

SEPTEMBER 20, 2023

The new affiliate is owned and operated by Jerry Mooty, Jr., with Romeo Manzanilla serving as COO and broker of record. The location builds upon Christie's existing presence in the Texas markets of Dallas and Houston.

Real Estate 167

Real Estate Marketing Brokerage 167

Housing Wire

SEPTEMBER 20, 2023

The same home insurance scenario being played out in states like Florida and California due to elevated risk of natural disasters is becoming more pronounced in the Pacific Northwest according to a new report from the Seattle Times. Dozens of state residents have appealed policy limitations, cancellations or site-unseen denials to the Washington Office of the Insurance Commissioner.

Insurance 404

Insurance Construction Law Government 404

Inman

SEPTEMBER 20, 2023

Christie's International Real Estate co-CEO Thad Wong and newly appointed co-President Natalie Hamrick revealed to Intel the strategic thinking behind its executive shakeup earlier this week.

Brokerage 167

Brokerage Real Estate Agents Marketing 167

Housing Wire

SEPTEMBER 20, 2023

Trading volume in the mortgage servicing rights (MSR) market this year is still on track to reach or slightly exceed 2022’s $1 trillion mark , with trading volume in the fourth quarter of this year projected to be robust as market players race to finish deals prior to year’s end. Still, there are challenges facing the MSR market related to the staying power of the huge volume of mortgage servicing rights now being traded that are pegged to legacy loans at low interest rates — in the 3% to 4% ran

Mortgage 404

Mortgage Buyers Investors Sellers 404

Inman

SEPTEMBER 20, 2023

The kitchen may look groovy, but none of the appliances in "The Brady Bunch" replica house are functional, new homeowner Tina Trahan learned shortly after acquiring the property. Fortunately, she couldn't care less.

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163

Housing Wire

SEPTEMBER 20, 2023

The Makinney Group, led by principal agent Tom Makinney, has joined Compass in Chicago , the company announced on Wednesday. Makinney made the leap with his two agents, Jill Giorno and Jen Goodale.The top team was previously at brokerage @properties. The Makinney Group, recognized for their community involvement and referral transactions, brings 35 years of combined experience in the Chicagoland real estate market to Compass.

Real Estate 404

Real Estate Brokerage Agents Marketing 404

Inman

SEPTEMBER 20, 2023

Interest rates, insurance premiums, tax concerns and more are keeping sellers from putting their homes on the market and forcing them to defer their dreams. Team leader Carl Medford believes it's up to real estate agents to communicate effectively and help sellers move forward.

Sellers 163

Sellers Real Estate Agent Real Estate Agents 163

Housing Wire

SEPTEMBER 20, 2023

Digital mortgage automation solution provider Floify launched verification of income (VOI) and verification of employment (VOE) waterfall technology that aims to save lenders and mortgage brokers time and reduce costs during the loan origination process. “The new VOI and VOE features in the Floify platform enable mortgage professionals to view the results of multiple verification reports from different providers, starting with the least expensive one, rather than having to run each one individua

Real Estate Agent 404

Real Estate Agent Technology Mortgage Loan Officers 404

Inman

SEPTEMBER 20, 2023

No one can predict the future of real estate, but you can prepare. Find out what to prepare for and pick up the tools you’ll need at the immersive Virtual Inman Connect online Nov. 1-2, 2023. And don’t miss Inman Connect New York on Jan. 23-25, 2024, where AI, capital and more will be center stage.

Real Estate 159

Real Estate Tools 159

Housing Wire

SEPTEMBER 20, 2023

Compass’ brokerage firm recruiting efforts continue. Deasy Penner Podley , or DPP Real Estate is the latest boutique brokerage to affiliate with the national firm, according to an announcement on Tuesday. Moving forward, the firm will be known as DPP @ Compass. Compass described the move as a “partnership,” but the financial terms of the deal were not disclosed.

Real Estate 404

Real Estate Brokerage Agents Architecture 404

Inman

SEPTEMBER 20, 2023

COO Erin MCormick Torres knows that there are many reasons you may be looking at a staff member's suitability for their role. Whether you're ready to cut ties or are just beginning to question their performance, this guide offers you the due diligence plan you need.

Brokerage 156

Brokerage Agents 156

Housing Wire

SEPTEMBER 20, 2023

In real estate brokerage, success is often measured in numbers — deals closed, properties sold, profits made. But beneath the surface of these metrics lies a vital force that drives a company’s true achievements: its culture. As I reflect on my journey in the real estate industry, I’ve come to realize that culture isn’t just a buzzword; it’s the heartbeat of an organization.

Real Estate 404

Real Estate Brokerage Realtors Real Estate Agent 404

Inman

SEPTEMBER 20, 2023

Open houses have been on the decline for decades, with the typical seller hosting only one open house event. However, data shows the current downturn could breathe new life into the practice.

Open Houses 155

Open Houses Sellers Brokerage Agents 155

Eyes on Housing

SEPTEMBER 20, 2023

The Federal Reserve’s monetary policy committee held the federal funds rate at a top target rate of 5.5% at the conclusion of its September meeting. The Fed will also continue to reduce its balance sheet holdings of Treasuries and mortgage-backed securities as part of quantitative tightening. These actions are intended to slow the economy and bring inflation back to 2%.

Mortgage 157

Mortgage 157

Inman

SEPTEMBER 20, 2023

Inman learned in a Sept. 19 press release that California Regional MLS will add the digital floor plan creation software to its list of preferred providers.

Technology 163

Technology Marketing 163

Appraiserblogs

SEPTEMBER 20, 2023

It’s a Great Time to Leave the Appraisal Profession. I can hear the chorus of my fellow appraisers rising up in disagreement with me. I envision many of them screaming, “But I love being an appraiser”! Yeah, I hear you. I loved being an appraiser too. Let’s not consider what we were but what they want us to become. First, ask yourself if you are still making a livable wage.

Appraisal 148

Appraisal Marketing Valuation 148

Inman

SEPTEMBER 20, 2023

It's always good to know that someone has your back, especially when you're building a business. That's why a team can be such a great idea.

Business 163

Business Agents 163

GoForrmz

SEPTEMBER 20, 2023

Capture better, thorough data with the enhanced Sketch field When filling out forms in the field that demand crucial information, such as hazards, weather conditions, incidents, and other pertinent details, depending solely on text can prove to be quite challenging in terms of clarity and comprehensibility. This challenge becomes even more problematic when relying on traditional paper forms for documentation, as they may not effectively capture or convey the necessary context.

Tools 78

Tools 78

Inman

SEPTEMBER 20, 2023

Builder sentiment for newly built single-family homes slid five points to a score of 45, the second straight month of steep decreases.

Mortgage 168

Mortgage Marketing 168

BiggerPockets

SEPTEMBER 20, 2023

The city is always under threat from natural disasters, yet it continues to grow every year and boasts one of the largest populations in the country. Is it a good place to invest, though?

Real Estate 81

Real Estate Investing Marketing Housing Market 81

Mortgagebroker News

SEPTEMBER 20, 2023

PM Trudeau recently said that GST will be removed from the costs of construction involving new rental apartments in Ottawa

Construction 88

Construction Marketing 88

BiggerPockets

SEPTEMBER 20, 2023

KB Homes provided some interesting data tracking cancellation rates, citing it as a good indicator of where the real estate market is heading. What did the data say?

Real Estate 80

Real Estate Marketing Housing Market 80

Lamacchia Realty

SEPTEMBER 20, 2023

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.

Realty 67

Realty Brokerage Real Estate Realtors 67

BiggerPockets

SEPTEMBER 20, 2023

Don't sit this one out. Now is the time for investors to buy up the properties they have their eyes on, and this is why.

Real Estate 89

Real Estate Investors 89