Housing Wire

OCTOBER 18, 2023

One in five Americans now shares their homes with adult children, parents or grandparents. In the face of soaring housing costs nationwide, multigenerational living has gained traction as a path to make living expenses more manageable and to maintain closer family bonds. While many multigenerational families are living together under one roof, potentially leading to feelings of overcrowding, accessory dwelling units (ADUs) have emerged as a practical solution for affordable housing that allows f

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Construction Modernization Real Estate Mortgage 545

Sacramento Appraisal Blog

OCTOBER 18, 2023

It feels like a gut-punch to housing demand to have 8% rates. So many predictions said we’d be at 6% or below by now, yet here we are. I think it’s really important to stay grounded and realistic, so let’s talk about this. I also have some market recap visuals (and a few insane graphs). […] The post A Gut Punch to Housing Demand (8% Rates) first appeared on Sacramento Appraisal Blog.

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Appraisal Marketing Real Estate Mortgage 332

Housing Wire

OCTOBER 18, 2023

For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. Well, it’s certainly been a down market. How has the broker channel fared in the wake of the Fed rate hikes ? I asked the good folks at mortgage data technology firm InGenius to run the numbers. Take a look. “From the first six months of 2022 to first six months of 2023, brokers have increased their percentage from 23% to 28% while retail has decreased by that same percen

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Retail Loan Officers Brokerage Mortgage 515

Real Estate News

OCTOBER 18, 2023

Materials painted 6% commissions as the goal, plaintiffs’ attorneys argued, while witnesses defended it as just a number, and negotiable.

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Training 266

Housing Wire

OCTOBER 18, 2023

As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995. Last Monday , in an attempt to calm the markets, a coalition of housing trade groups — including the Mortgage Bankers Association (MBA), National Association of Realtors (NAR) and National Association of Home Builders (NAHB) demanded that the Federal Reserve to provide clarity on the Fed’s rate path and its plans for the mortgage-backed secur

Mortgage 458

Mortgage Realtors Inventory Marketing 458

Inman

OCTOBER 18, 2023

The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers' agents received less attention and took longer to sell.

Buyers 195

Buyers Agents Realtors 195

Inman

OCTOBER 18, 2023

On Day 2 of witness testimony Wednesday, attorney Michael Ketchmark narrowed in on training materials and presentation slides he alleged violated antitrust policies held by the defendants.

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Training Agents Realtors Brokerage 192

Housing Wire

OCTOBER 18, 2023

The Federal Housing Administration (FHA) is working to offer a new partial claim option before the end of 2023, according to the federal housing commissioner at the U.S. Department of Housing and Urban Development (HUD), Julia Gordon. The commissioner also discussed the rise in mortgage loan assumptions. On May 31, the FHA submitted for public comment a proposal to create the Payment Supplement Partial Claim , which has the support of trade groups, servicers and industry experts.

Mortgage 431

Mortgage Government Insurance Tools 431

Inman

OCTOBER 18, 2023

Trainer and marketing expert Rachael Hite shares why its important to create separation between your personal political and religious beliefs on your social media profiles in order to make sure that you are creating a neutral presences online to help all consumers feel comfortable working with you

Marketing 184

Marketing Agents 184

Housing Wire

OCTOBER 18, 2023

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expects that servicing rulemaking will be issued in the coming months modeled on the lessons learned through the COVID-19 pandemic. “I do anticipate that in 2024 we will propose some amendments to the mortgage servicing rules that are reflective of what we learned through the pandemic,” Chopra said on Monday morning to an audience of mortgage professionals.

Mortgage 420

Mortgage Legal Insurance Finance 420

George Dell

OCTOBER 18, 2023

Appraisal modernization has been touted in different ways. It depends on the touter. “Modernization” is a good word for marketing. But what is “modernization” selling? Is it selling modern technology? The partitioning of appraisal workflow (initiator, AMC manager-selector, data collector-researcher, inspector, analyst, reporter, reviewer, decisioner)?

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Modernization Technology Appraisal Marketing 150

Housing Wire

OCTOBER 18, 2023

Top-20 U.S. mortgage lender Bank of America (BofA) reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous quarter. And more declines are yet to come if regulators’ proposed capital rules are applied to banks, according to BofA’s executives. On July 27, the Federal Reserve , Federal Depository Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) released the proposed changes for the Basel III rule (

Mortgage 419

Mortgage Insurance Lending Business 419

Inman

OCTOBER 18, 2023

The Agency CEO was proclaimed "matadorable" by one of the "Dancing With the Stars" judges after showing off Mickey Mouse-style magical fingers while keeping a majestic frame to his routine.

Agents 176

Agents 176

Appraiserblogs

OCTOBER 18, 2023

An appraiser shared the following with us which was posted on one of the appraisers’ groups. Fannie Mae filed a complaint against me with my state appraisal board. Here’s what happened. The Report In June of 2021, I completed an appraisal for a conventional purchase. The appraisal was ordered by an AMC on behalf of a lender. At that time, the real estate market was still being wildly affected by the COVID pandemic.

Appraisal 139

Appraisal Real Estate Marketing Market Value 139

Inman

OCTOBER 18, 2023

The inaugural Triple-I survey went out to the Inman community last month, and the results are here. Dig into 126 pages of deep, exclusive findings, only for Intel subscribers.

Real Estate 174

Real Estate Sellers Buyers Brokerage 174

GoForrmz

OCTOBER 18, 2023

Get started with GoFormz by building a customized digital form Template Whether you’re just starting to explore GoFormz in your free trial period or are looking to brush up on your digital form-building skills, this video recap is the perfect place to start. Join Alicia Bryan, Director of Customer Success, and Implementation Lead, Emily Switzer, as they walk you through every step of the process to build out a Template for your own digital forms.

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Inman

OCTOBER 18, 2023

Inman Director of Research Chris LeBarton is tracking industry sentiment at a major inflection point. He shared what he's learned from results of the inaugural Intel survey — and what's to come.

Sellers 167

Sellers Buyers Brokerage Technology 167

BiggerPockets

OCTOBER 18, 2023

As a real estate investor, eminent domain is something you should know about. If you own property in an area that the government needs for a road expansion, fire station, railway, or something else that benefits the public, it may be legally taken from you, whether you want to sell or not.

Legal 83

Legal Real Estate Government Investors 83

Inman

OCTOBER 18, 2023

According to new Inman contributor Mariel Pamintuan-Esguerra, understanding the needs of younger clients and how they correspond to features in your local market's housing stock will help you serve buyers more effectively.

Buyers 167

Buyers Clients Marketing Agents 167

BiggerPockets

OCTOBER 18, 2023

Warren Buffett made the switch to this strategy in 2008 when the economy was falling apart. If you can get access to the same assets now, you're in for a great return.

Real Estate 78

Real Estate 78

Inman

OCTOBER 18, 2023

Mortgage rates continued their relentless rise this week to levels not seen in two decades, fueled by a bear market for bonds that fund government borrowing and most home loans.

Mortgage 161

Mortgage Government Marketing 161

BiggerPockets

OCTOBER 18, 2023

Pillars of Wealth by David Greene attempts to reel in the instant gratification mindset and reset the approach to real estate back to its original form: long-term investing for long-term wealth. Here's a sneak peak.

Real Estate 74

Real Estate Investing Finance 74

Inman

OCTOBER 18, 2023

Tech CEO Sheila Reddy teaches you how to get the most out of your SaaS tech stack so that you can run your business more efficiently and effectively.

Business 172

Business Technology Brokerage Agents 172

BiggerPockets

OCTOBER 18, 2023

There are plenty of ways to lower your tax bill, but STRs have a secret sauce that you can take advantage of. Here's what you need to know.

Investing 80

Investing 80

Inman

OCTOBER 18, 2023

New housing starts increased 7 percent in September to a seasonally adjusted rate of 1.36 million, or 7.2 percent below the levels seen in September 2022, according to Census data released Wednesday.

Mortgage 132

Mortgage Marketing 132

BiggerPockets

OCTOBER 18, 2023

Luke Carl’s real estate “gateway drug” took him from one home to three hundred rental units in record time—and it can do the same for you.

Real Estate 68

Real Estate 68

Mortgagebroker News

OCTOBER 18, 2023

The overnight rate could settle around 3%, according to leading economist

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Buys Brokers Only LLC

OCTOBER 18, 2023

Rising mortgage rates and home prices in Massachusetts make homeownership challenging. Learn about affordability challenges and how to navigate the market.

Mortgage 64

Mortgage Marketing Realtors Real Estate 64

Mortgagebroker News

OCTOBER 18, 2023

The banking giant expects to take a sizeable hit on its Q4 earnings as a result

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BiggerPockets

OCTOBER 18, 2023

Purchasing property is exciting, but it’s a legal process, too. A major part of buying a property is taking title to the property.

Legal 48

Legal Real Estate 48

Mortgagebroker News

OCTOBER 18, 2023

Borrowers contending with higher renewal rates remain keen to weigh up options

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San Jose Real Estate

OCTOBER 18, 2023

The Portos-Harleigh neighborhood is a highly sought after community in Saratoga. Suburban yet centrally located, walkable, and easy access for commuters.

Real Estate 36

Real Estate 36

Mortgagebroker News

OCTOBER 18, 2023

The new legislation tackles a chronic issue in the province's housing market

Housing Market 69

Housing Market Marketing 69

Housing Wire

OCTOBER 18, 2023

Housing starts climbed to a seasonally adjusted annual rate of 1,358,000 in September, according to U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s a 7% gain from the revised August estimate of 1,269,000 and 7.2% below the September 2022 rate of 1,463,000. However, permits for future construction recorded a 4.4% decline from August.

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Construction Development Inventory Mortgage 441