Housing Wire

OCTOBER 23, 2023

While the mortgage delinquency rate remains low compared to pre-pandemic levels , the number of delinquent loans ticked up in September, according to the ICE Mortgage Monitor report. The national delinquency rate climbed to 3.29% in September, which is up 12 basis points from August and up 13 basis points from September 2022. This makes it the second and largest annual increase in the last 2.5 years, however, the delinquency rate remains 71 basis points below the pre-pandemic level of September

Mortgage 458

Mortgage Technology 458

Real Estate News

OCTOBER 23, 2023

A former NAR committee member called traditional compensation practices “the ultimate form of restraint of trade,” claiming that NAR looked the other way.

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Housing Wire

OCTOBER 23, 2023

While rent prices remain elevated compared to pre-pandemic levels, the median asking rent price fell $29 from the July 2022 peak, to $1,747, according to Realtor.com. “As rents ease and both home prices and mortgage rates continue to climb, it’s become more economical to rent than to buy in nearly all major markets,” Danielle Hale, chief economist at Realtor.com said in a statement.

Real Estate 441

Real Estate Marketing Mortgage Finance 441

Real Estate News

OCTOBER 23, 2023

Thad Fisher, former eXp, Anywhere and Zillow leader, joins KW's Livian platform; Christian Wallace named first chief of integrated home services at Real.

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Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law.

Law 432

Law Agents Realtors Contracts 432

Real Estate News

OCTOBER 23, 2023

Realtor.com's latest rental report found that rent prices across the U.S. dipped in September, continuing a five-month trend.

Buyers 235

Buyers 235

Inman

OCTOBER 23, 2023

For the past three years, luxury buyers have been on the move. Increased opportunities to work remotely — and, by extension, live remotely — have enabled them to embrace new lifestyles or seek a higher quality of life, whether that means exploring regions and markets with better weather, lower costs, or a more relaxed pace.

Clients 197

Clients Buyers Marketing 197

Housing Wire

OCTOBER 23, 2023

The first week of the much-anticipated Sitzer/Burn e tt class action buyer broker commission antitrust lawsuit concluded with the testimony of economic and legal experts. On Friday, Craig Schulman, an associate professor of economics at Texas A&M, took the stand again to be cross-examined by Ethan Glass, the defense attorney for the National Association of Realtors , according to reports from Inman News.

Legal 410

Legal Training Real Estate Realtors 410

Inman

OCTOBER 23, 2023

The house that once helped Joel complete his famous ode to the Empire State has hit the Upstate New York housing market for $2.5 million. In recent years, the property served as a bed-and-breakfast.

Housing Market 190

Housing Market Marketing Realty 190

Housing Wire

OCTOBER 23, 2023

Click n’ Close , a mortgage lender mostly active in the wholesale and correspondent channels, appointed Kara Lamphere to the role of chief operating officer (COO). “Kara is a powerhouse, and we are thrilled to have her back as part of our executive team to help guide our continued growth and success,” Click n’ Close Owner and CEO Jeff Bode said in a statement.

Lending 408

Lending Technology Mortgage Business 408

Inman

OCTOBER 23, 2023

Keyes agents will benefit from BHR’s nuanced data reports filtered by an artificial intelligence interface called Aiden, designed to give agents a competitive experience with at-the-ready tools for translating current market performance and emerging trends into buying and selling decisions.

Design 190

Design Tools Agents Marketing 190

Eyes on Housing

OCTOBER 23, 2023

Despite mortgage rates topping 7%, Americans persist in their desire to buy a home. According to the latest Housing Trends Report*, the share of adults with plans to purchase a home within a year edged up to 17% in the third quarter of 2023, up from 15% a quarter earlier. The share has fluctuated up and down without a clear.

Mortgage 154

Mortgage 154

Inman

OCTOBER 23, 2023

On the first morning of its annual conference held in San Diego, technology-driven real estate brokerage Real unveiled a new consumer-facing app with the promise of bettering the way homes change hands.

Brokerage 187

Brokerage Agents Technology Real Estate 187

Appraiserblogs

OCTOBER 23, 2023

It was my experience that the majority of reviewers, FNMA included, had very limited field experience. Which is painfully obvious when they request baseless revisions for “more or better comps”. I’m a Certified General Appraiser that started appraising in 1984, almost 40 years ago! Spent the majority of my career appraising both residential and commercial properties in a major metropolitan market.

Appraisal 141

Appraisal Clients Marketing 141

Inman

OCTOBER 23, 2023

Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri.

Realtors 184

Realtors Brokerage Agents 184

GoForrmz

OCTOBER 23, 2023

Why GoFormz digital forms are more secure than paperwork Security is a top priority for businesses of any size. Whether you’re collecting customer information or critical operational data, safeguarding your information is crucial. However, traditional paper-based methods are susceptible to security risks at every turn. From stolen and damaged paperwork to forever lost data, paper forms are not secure in the long run.

Design 78

Design Business 78

Inman

OCTOBER 23, 2023

The public is invited to join leaders from the American Bankers Association and mortgage giants Fannie Mae and Freddie Mac for a hearing on tackling appraisal bias.

Appraisal 193

Appraisal Mortgage Lending Valuation 193

BiggerPockets

OCTOBER 23, 2023

As the saying goes, don't put all of your eggs into one basket. We interviewed three pro real estate investors and asked how they diversify their portfolios. Here's what they said.

Real Estate 78

Real Estate Investors Investing 78

Inman

OCTOBER 23, 2023

Broker Pam Blair knows that you need your phone to keep in touch with clients and colleagues, but writes that setting appropriate and healthy boundaries around screen time can help to ensure better mental and emotional health.

Clients 184

Clients Technology Brokerage Agents 184

BiggerPockets

OCTOBER 23, 2023

Understanding how deeds work is vitally important for every real estate investor. There are several different kinds of deeds, and the type you get when you buy a property may affect whether you have recourse if there are any future claims. A clause in the deed may also limit what you can do with your property or require you to allow other property owners to cross your property to access theirs.

Real Estate 78

Real Estate Investors 78

Inman

OCTOBER 23, 2023

Today’s housing market is unlike any in decades. While existing home sales are increasingly in the news, new construction is proving to be an attractive and increasingly important segment for agents.

Construction 176

Construction Housing Market Agents Marketing 176

BiggerPockets

OCTOBER 23, 2023

New AI tools are coming out every week. Real estate is chief among industries set to benefit. Here's how this sector will be transformed.

Real Estate 83

Real Estate Tools Investing Technology 83

Inman

OCTOBER 23, 2023

The Big Apple ranks behind 18 other cities, including Boston, Seattle, and Boise, Idaho, when it comes to factors such as post-COVID urban recovery, commercial real estate, mass transit, crime, outmigration, and work-from-home trends, according to Michael Cemblast, chairman of market and investment strategy at JPMorgan.

Real Estate 176

Real Estate Investing Marketing 176

BiggerPockets

OCTOBER 23, 2023

Home sales have been declining month-over-month throughout the year, but this region is moving in the opposite direction. Here's what you need to know.

Housing Market 79

Housing Market Marketing 79

Inman

OCTOBER 23, 2023

Marketing expert Rachael Hite dives deep into the complex topic of sales training. With all eyes on how agents are trained to ask for their commissions, time may be up on dated sales practices that push past seller objections to get them to sign on the dotted line.

Training 175

Training Sellers Agents Marketing 175

Eppraisal

OCTOBER 23, 2023

Making an offer to buy a house can be both exciting and stressful. The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Inman

OCTOBER 23, 2023

Ahead of Q3 earnings, Inman took a dive into the top five real estate portals' traffic data. Zillow still leads the pack, but stiff competition has emerged from old — and new — industry entrants.

Real Estate 175

Real Estate Technology Agents 175

Mortgagebroker News

OCTOBER 23, 2023

A large share of Canadian mortgage holders say that their situations would need to change significantly if the central bank raises rates in the near future

Mortgage 67

Mortgage 67

Inman

OCTOBER 23, 2023

Dr. Lee Davenport draws on both historical context and current events to describe how the latest news can impact the application of fair housing laws and policies.

Law 180

Law Tenants Brokerage Agents 180

Housing Wire

OCTOBER 23, 2023

CEDAR CREEK, Texas — loanDepot is “fully committed” to return to profitability and “aggressively manage the cost structure” while investing in “automation and process improvement,” CEO Frank Martell said in an exclusive sit-down interview during HousingWire Annual earlier this month. “We want to be in a leadership position coming out of this cycle, which I don’t measure simply in terms of volume and size,” Martell said. “We’re sti

Technology 421

Technology Loan Officers Retail Marketing 421

Inman

OCTOBER 23, 2023

Time, the most precious commodity in a real estate agent's arsenal, has just received a major upgrade for agents affiliated with Coldwell Banker Realty.

Realty 184

Realty Real Estate Agent Real Estate Agents 184

Mortgagebroker News

OCTOBER 23, 2023

All indicators point to the Bank of Canada "hoping to be finished" with its rate-hike campaign, says Ratehub.

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Inman

OCTOBER 23, 2023

Rents for studio, one-bedroom and two-bedroom units fell 0.7 percent between August and September, according to data from Realtor.com.

Marketing 180

Marketing 180

Town & Country Residential Appraisals

OCTOBER 23, 2023

Appraisals do not expire. Every appraisal report is required to have an effective date which reflects the date the value opinion relates to. This date is important because it is the date that becomes the benchmark reflecting the research and analysis of the market trends that impacted the development of value. If at any time after that effective date the market trends change, then the value result could be impacted proportionately.

Appraisal 56

Appraisal Design Development Marketing 56