Housing Wire

JANUARY 29, 2024

After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that if there isn’t significant supply growth and buyer demographics remain strong, home prices will rise once again.

Housing Market 458

Housing Market Marketing Mortgage Investors 458

Real Estate News

JANUARY 29, 2024

The largest firms are claiming an increasing number of sales, driven in part by fast-growing companies like Compass and eXp.

Brokerage 283

Brokerage 283

Housing Wire

JANUARY 29, 2024

Despite looking a bit different at the end of 2023, there were a lot of similarities in the full-year Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) issuance tables when compared to recent years. One thing that is much different compared to 2022, however, is total issuance. Here are the top 10 HMBS issuers in 2023 as tabulated by New View Advisors , based on publicly available Ginnie Mae data and private sources the firm has access to.

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Mortgage Finance Home Value Design 458

Real Estate News

JANUARY 29, 2024

The iBuyer has introduced two new tiers in its agent partnership program, which provide up to 4% in referral fees and access to more sell-side deals.

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Agents Clients 235

Housing Wire

JANUARY 29, 2024

Three years into its controversial ultimatum , United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp. UWM on Thursday when filed a lawsuit in a U.S. district court in Michigan against Atlantic Trust Mortgage Corporation, a Florida-based broker shop with 18 loan officers, per the Nationwide Multistate Licensing System (NMLS).

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Contracts Loan Officers Lending Retail 441

Real Estate News

JANUARY 29, 2024

The lawsuit known as Spring Way also has gained new plaintiffs and a new name: Kay. Spring Way LLC, which had used Coldwell Banker, is no longer involved.

Brokerage 223

Brokerage 223

Inman

JANUARY 29, 2024

A buyer with a monthly budget of $3,000 can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8 percent, according to Redfin.

Buyers 184

Buyers Mortgage Marketing 184

Housing Wire

JANUARY 29, 2024

When it comes to home staging, there are two homeowner camps: those who think it’s a waste of money and don’t want to pay more to make their home more attractive to buyers and those who realize the worth and are willing to make the investment needed. While most Realtors will die on the hill that staging should never be cut out of the home selling strategy, this year it’s even more important.

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Realtors Buyers Agents Decorating 432

Inman

JANUARY 29, 2024

Real estate professionals and financial advisers can help individuals make informed decisions, writes investment expert Michael Conticelli, whether buying a home, pursuing alternative investments or building a real estate portfolio.

Clients 183

Clients Real Estate Investing Marketing 183

Housing Wire

JANUARY 29, 2024

Two days after The PLS.com and three of the nation’s largest multiple listing services notified the court they had reached a settlement in their ongoing legal battle, the listing site filed a motion to dismiss the only remaining defendant, the National Association of Realtors , without prejudice. The filing came after a court status hearing last Friday during which Judge John W.

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Legal Real Estate Agents Realtors 421

Inman

JANUARY 29, 2024

Trainer Bernice Ross talk with Kenya Burrell Van Wormer and Katherine Winston about their new initiative to transform the real estate and proptech industry by supporting “underrepresented, underestimated and underutilized” entrepreneurs.

Real Estate 175

Real Estate Technology Agents 175

Housing Wire

JANUARY 29, 2024

The National Reverse Mortgage Lenders Association (NRMLA) announced that it will return to the Western U.S. for its 2024 annual meeting, which will take place slightly earlier in the year than usual, according to a member alert. The 2024 NRMLA Annual Meeting and Expo will be held Sept. 24-26 at the Hard Rock Hotel in San Diego. The 2018 edition of the event was the last one to take place in San Diego, which was also the last edition of the event held on the West Coast.

Mortgage 421

Mortgage Development Business 421

Inman

JANUARY 29, 2024

A real estate team shouldn’t be made up of individuals just doing a bunch of separate jobs, writes development specialist Hana Cha. It should be an ace crew ready to tackle any challenge, any client, in any market.

Real Estate 171

Real Estate Clients Development Marketing 171

Housing Wire

JANUARY 29, 2024

Ready to launch your real estate career in Utah? You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. We’ve researched the top Utah real estate schools to find the best online programs for your prelicensing education, with various options to fit every learning style and budget. Choosing right school and program will help you ace the Utah real estate exam and provide the foundation for success in your new career.

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Real Estate Real Estate Agent Agents Law 420

Inman

JANUARY 29, 2024

In his latest Snapshot profile, Brandon Doyle finds out how Michael Alladawi is continuously redefining the real estate industry with innovative concepts and solutions.

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Real Estate Agents 173

Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.

Real Estate 410

Real Estate Clients Real Estate Agent Agents 410

Inman

JANUARY 29, 2024

The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data.

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Business Housing Market Brokerage Agents 192

Housing Wire

JANUARY 29, 2024

The U.S. Department of Housing and Urban Development (HUD) announced on Monday that it will distribute $3.16 billion in homelessness aid to communities across the country through its Continuum of Care program, which is designed to provide housing assistance and/or support services to people experiencing homelessness. HUD Secretary Marcia Fudge announced the award totals during a Monday appearance in Savannah, Georgia , with the Chatham-Savannah Interagency Council on Homelessness , an organizati

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Design Government Development 410

Inman

JANUARY 29, 2024

2024 will be all about listings. So, how will the winners rise to the top? The not-so-secret to success is automating the heavy lifting that needs to happen for agents to continually find and win listings.

Agents 164

Agents Brokerage 164

Housing Wire

JANUARY 29, 2024

Homebuyers are getting some relief in 2024 as mortgage rates recede from their 20-year high point of last October. A homebuyer with a $3,000 monthly budget has gained nearly $40,000 in purchasing power since October, according to a new Redfin report. Indeed, with a 6.7% mortgage rate, the prospective buyer with a $3,000 budget can afford a $453,000 home.

Buyers 410

Buyers Mortgage Agents Investors 410

Inman

JANUARY 29, 2024

The former Keller Williams president took a roughly three-year sabbatical from the industry while going all-in on being a dad. Team wasn't sure he'd ever return to real estate — until he got to know Ryan Serhant.

Real Estate 161

Real Estate Brokerage Agents 161

Housing Wire

JANUARY 29, 2024

The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff. In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Kays join John and Nancy Moratis in the suit that was originally filed in early December 2023 in the U.S.

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Brokerage Realty Real Estate Real Estate Agent 408

Inman

JANUARY 29, 2024

Mitchelson will work with the Corcoran Affiliate Network's sales team to lead strategic growth through the addition of new Corcoran affiliates.

Development 171

Development Brokerage 171

Appraiserblogs

JANUARY 29, 2024

It turns out they were actually rejecting your proposals and not your bids! It’s time to grab your popcorn and settle in for another round of AMC shenanigans. Last week, Class Valuation, the esteemed AMC known for their impeccable reputation, sent out an email to appraisers claiming that they do not “bid for the cheapest and fastest appraisal.” Instead, they send out a request for proposal, because apparently, they are now a Fortune 500 company looking for fancy proposals from appraisers.

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Valuation Appraisal 135

Inman

JANUARY 29, 2024

The developer was once considered too big to fail, but it over-borrowed and was hurt by China's weakening property market.

Development 184

Development Marketing Investing Real Estate 184

GoForrmz

JANUARY 29, 2024

“ GoFormz plays a huge role in our company culture. ” — Brandon Tupper, Owner, Knights Spraying About Knights Spraying Knights Spraying is the leading provider of vegetation control services in Vermillion, Alberta. Their expertise extends to working with organizations in diverse sectors such as the oil and gas industry, utility companies, industrial plants, pipelines, right-of-ways (ROWs), municipalities, commercial businesses, highway contractors, and more.

Tools 78

Tools Business 78

Inman

JANUARY 29, 2024

OpenAI's Adam Goldberg argued at Inman Connect New York that the most important skill for using AI effectively is "clarity of thought.

Technology 169

Technology 169

BiggerPockets

JANUARY 29, 2024

New data from ATTOM shows that the average ROI on home sales dropped last year, albeit slightly. Is this a new trend? Or just a ripple? And where should investors put their money now?

Investors 80

Investors Real Estate 80

Inman

JANUARY 29, 2024

From markets to mindset to commissions, trainer Bernice Ross breaks down the top insights from the power-packed CEO Connect stage.

Marketing 146

Marketing Brokerage Agents 146

Lamacchia Realty

JANUARY 29, 2024

Every year, Lamacchia Realty presents the award for Most Growth to the agent who increased their units sold by the highest number from the previous calendar year. This year, the award goes to the agent who achieved an astounding 333% growth in 2023… Dianna Larocque! “Congratulations Dianna! The growth is your business is incredible, and you’ve grown this year more than anyone else in the company.

Realty 69

Realty Clients Training Agents 69

BiggerPockets

JANUARY 29, 2024

A few years ago, everyone was wondering how to start investing in real estate, but now the question has switched to “Is it too late?

Investing 76

Investing Real Estate 76

Lamacchia Realty

JANUARY 29, 2024

We are excited to announce that the 2023 Rookie of the Year is Lindsey Bazigian! Lindsey joined Lamacchia Realty in April 2023, and she didn’t waste any time getting to work. She quickly became a rising star in our Waltham Office, even making appearances on the branch’s list of monthly top producers, most recently in December. “Congratulations, Lindsey!

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Realty Realtors Clients Agents 67

BiggerPockets

JANUARY 29, 2024

Real estate investing is a popular path to financial freedom, but if you’re not careful, bad debt can get in the way.

Real Estate 79

Real Estate Investing 79

Mortgagebroker News

JANUARY 29, 2024

Central bank notes initiative will help alleviate pressures on housing market

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Housing Market Marketing 83