Tue.Oct 10, 2023

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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

We’ve all witnessed the housing market slowdown that has occurred over the last year. Across the country, homes are spending more days on the market as interest rates rise. Many sellers have returned to offering concessions and dropping prices to entice buyers. Additionally, competition for listings is on the rise as fewer homeowners are looking to sell.

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3 ways the pandemic shaped the housing market

Real Estate News

Government policies and the rise of remote work contributed to declining affordability, but real estate agents have an opportunity to show their value.

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A new solution improving accuracy in the appraisal review process

Housing Wire

CoreLogic ’s Image Analytics is an innovative solution in the appraisal review space. Image Analytics is a fully automated solution that evaluates the content of appraisal photos, highlighting errors and allowing lenders to reduce time, effort and costly manual mistakes within their operations. The CoreLogic team developed Image Analytics to drive innovation in the appraisal review process by reducing time and touch on appraisals, with the goal of helping the industry ease into the upcoming dema

Appraisal 431
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NOW YOU KNOW: WORK WHEN IT’S SLOW

The Appraiser Coach

How did you become an appraiser? Maybe you just stumbled upon it. Maybe it was your dream career ever since you knew what appraising was. No matter how you got there, at some point you said, yes this is for me. You decided, this is what I want to do for the rest of my life. What was your why behind that moment? Many people who decide to run their own small business do it in large part because of the flexibility that comes from creating their own schedule and running on their own time.

Business 195
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Coldwell Banker has a new head of franchise operations

Housing Wire

Coldwell Banker has appointed Jason Waugh as president of Coldwell Banker Affiliates, where he will lead the brand and be responsible for strategy, operations and sales for the Anywhere-owned company’s growing network of franchises. Waugh comes to Coldwell Banker following an 18-year stint at Berkshire Hathaway HomeServices and Berkshire Hathaway Home Services Real Estate Professionals.

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Homebuyers get creative as market sentiment sours

Real Estate News

Most consumers say it’s a bad time to buy, but for the determined, family members can help them overcome affordability hurdles.

Marketing 263

More Trending

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Tech Bytes: News from REcolorado, Earnnest, FBS, CoreLogic

Real Estate News

REcolorado adds listings to Alexa, partners with SkySlope; Global MLS integrates earnest money service; FBS adds Local Logic tech; CoreLogic app hits 1M users.

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G-Rate preemptively raises 2024 conforming loan limits

Housing Wire

Chicago-based Guaranteed Rate raised agency conforming loan limits to $750,000 on Monday, representing an increase of 3.2% compared to the current limit of $726,200. “We raised the conforming loan limits to $750,000 on our Fannie Mae and Freddie Mac 30-year fixed. This is in anticipation of the loan limit increase for 2024,” Kate Amor, senior vice president and head of enterprise products at G-Rate, said in an interview with HousingWire during the HW Annual conference held Oct. 10-12 i

Finance 410
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Freedom Mortgage faces new legal woes following recent fine

Real Estate News

The Consumer Financial Protection Bureau is suing the company over faulty loan data. In August, Freedom was fined by the CFPB for illegal kickbacks.

Legal 232
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Blend and MeridianLink partnership streamlines the digital lending experience 

Housing Wire

Blend Labs announced an integration with MeridianLink Inc. , a software platform for financial institutions and consumer reporting agencies. Lenders using MeridianLink Consumer loan origination software (LOS) will be able to leverage Blend’s unified platform and consumer banking origination software for a fast onboarding and application process for banking, credit card and loan products, Blend said in a news release on Tuesday.

Lending 409
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Coldwell Banker names Jason Waugh president of affiliates

Inman

Waugh was previously president and CEO of Berkshire Hathaway HomeServices Northwest Real Estate and Berkshire Hathaway HomeServices Real Estate Professionals. His new role will focus on brand strategy, affiliate operations and franchise sales.

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CFPB sues Freedom for providing false data

Housing Wire

The Consumer Financial Protection Bureau (CFPB) on Tuesday filed a lawsuit against Freedom Mortgage Corporation for allegedly violating the Home Mortgage Disclosure Act (HMDA) and a 2019 consent order by submitting legally required mortgage loan data that “was riddled with errors.” The suit comes two months after the CFPB issued orders against Freedom and Realty Connect USA Long Island for allegedly engaging in illegal kickbacks, the first 1974 Real Estate Settlement Procedure

Brokerage 397
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The real estate industry isn’t doing enough to keep agents safe

Inman

From physical safety to psychological and emotional safety, it's time to implement new practices and changed attitudes to the industry, writes safety expert Tracey Hawkins.

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HousingWire Annual: Logan Mohtashami covers what’s happening with bonds, mortgage rates

Housing Wire

CEDAR CREEK, Texas — At HousingWire Annual on Tuesday, HousingWire Lead Analyst Logan Mohtashami demystified “the madness” unfolding in the bonds market in front of an audience of more than 300 real estate and mortgage professionals. In his keynote session to kick off the event, Mohtashami highlighted how the Fed feels increasingly uncomfortable with the speed at which the bond market is rising.

Mortgage 332
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Hotels and Airbnb, Vrbo in heated battle as business travel ramps up

Inman

Both hotels and short-term rental companies are vying for customers seeking out extended stays through new offerings as business travel ramps up across the U.S. this fall.

Business 187
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Total Credit Outstanding Declines as Interest Rates Climb

Eyes on Housing

According to the Federal Reserve’s latest G.19 Consumer Credit report, total consumer credit outstanding totaled $4.97 trillion (seasonally adjusted annual rate) in August, a decrease of $15.6 billion over the month but $188.8 billion—or 3.9%–higher than August 2022. The monthly decline resulted from a 0.8% drop in nonrevolving credit outstanding that was partially offset by a 1.2% increase in revolving credit.

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8 ways to cultivate connections with builders and developers

Inman

Master the new construction niche, and grow your business by building relationships with builders and developers in your market.

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Residential Building Wage Growth Slowing

Eyes on Housing

After more than a year of strong gains, average hourly earnings for residential building workers* increased at a relatively slower pace in the past few months. Wage growth has retreated below 3%, from the peak rate of 8% in 2021. According to the Bureau of Labor Statistics (BLS) report, average hourly earnings (AHE) for residential building workers were $29.99 per.

Marketing 152
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WeWork downgraded again by Fitch as it skips interest payments

Inman

Fitch downgraded the commercial real estate firm from a CC to a C, meaning a default or "default-like" process has already begun.

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Improving Cybersecurity with GoFormz

GoForrmz

GoFormz security features can bolster your cybersecurity initiatives During Cybersecurity Awareness Month, and all year long, the importance of cybersecurity can’t be overstated. With the increasing reliance on digital platforms for data storage and communication, businesses and individuals alike are vulnerable to cyber threats. One often overlooked aspect of cybersecurity is the use of digital forms.

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Madeleine Albright’s former DC home hits the market for $4M

Inman

The late former U.S. Secretary of State had lived in the Federal-style house since 1968 and originally purchased it for $100,000.

Marketing 170
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All You Need to Know About Comparative Market Analysis

Mashvisor

If you’re in the process of selling your house, the term ‘comparative market analysis’ will definitely come up in your conversation with your real estate agent.

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What’s the worst advice you ever received? Pulse

Inman

Last week, we asked about the best advice you ever got from a mentor, coach or colleague. This week, we want to hear the worst.

Training 170
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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready. We put together a checklist of our top tips below.

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Easy Ways to Increase Your Home's Value

Eppraisal

Are you thinking about selling your home? Whether you plan to list it soon or want to boost its value for the future, there are several simple yet effective ways to maximize its value without emptying your wallet. Explore easy and practical ways to help you get the most out of your property sale. Creating a Welcoming Entrance You know what they say about first impressions?

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Leading real estate law firm and broker network partner for game-changing integration

Mortgagebroker News

Diamond & Diamond’s integration into DLC’s Velocity software is set to speed up mortgage closings significantly

Law 75
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Top Passive Real Estate Investing Strategies

Mashvisor

Passive real estate investing, depending on which real estate investor you ask, is either a reality or a myth. Let’s find out which is true.

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Broker talks importance of industry women 'owning their awesomeness'

Mortgagebroker News

Alberta Mortgage Brokers Association chair believes that women’s industry contributions are irreplaceable

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Microchips, Chinese Real Estate “Rot,” and a Global Economic Forecast

BiggerPockets

The Chinese real estate crisis could mean much more for the global economy than you think.

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Quebec City housing market posts robust September performance

Mortgagebroker News

The market continues to see strong momentum, in defiance of rising costs spurred by interest rate hikes

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Buying a Rental Property for $80 with This Loan

BiggerPockets

Buying a rental property for just eighty bucks? There’s no way that’s possible.

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TD faces class action lawsuit over mortgage specialist allegations

Mortgagebroker News

The suit alleges over 1,000 mobile mortgage specialists did not receive proper vacation and holiday pay

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Should You Join a Real Estate Investment Club?

Mashvisor

Whether you are an experienced or beginner real estate investor, joining a real estate investment club is a great way of growing your career or business.

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Interest rates to have outsized impact on 2024 home prices: brokerage president

Mortgagebroker News

Borrowing costs remain the main driver for both buyers and sellers, says John Pasalis of Realosophy Realty