Housing Wire

JANUARY 11, 2023

Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. . “I’ve had five people contact me in the last week or so to talk about buying a new home, which is much better than a month or two ago,” Rochelle Gano , a Vancouver, Washington-based loan officer at Movement Mortgage , told HousingWire. “It seems like, with every

Sellers 527

Sellers Mortgage Loan Officers Buyers 527

Sacramento Appraisal Blog

JANUARY 11, 2023

If you torture the stats long enough, they’ll confess to anything. Have you heard that before? Well, it’s true in real estate. If we’re not careful, we can make numbers say anything, whether for a glowing or doom narrative. Today, I want to talk about the danger of annual stats right now, and then I […]. The post Torturing housing stats to say what you want first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

Real Estate 248

Real Estate Appraisal Housing Market Marketing 248

Housing Wire

JANUARY 11, 2023

Michigan-based United Wholesale Mortgage (UWM) is taking another step to aggressively reduce its prices in order to gain market share in a shrinking mortgage market. . The company announced on Wednesday that it is giving up to 125 basis points to brokers to use on any loans they lock with the lender, with a maximum of 40 basis points per loan. According to a spokesperson for the company, LOs can apply their own pricing enhancement to their borrowers with these basis points. “Sometimes 10

Loan Officers 449

Loan Officers Retail Real Estate Agent Government 449

George Dell

JANUARY 11, 2023

Errors and mistakes can be “statistical.” They can be modeling Blunders. Or they can be of a third type: misjudging what the data is showing you. As we continue to grow the CAA (Community of Asset Analysts), we find that our body of useful algorithms and shared programs continues to deepen and widen. The accuracy […]. The post Errors Mistakes and Modeling Myths?

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Housing Wire

JANUARY 11, 2023

Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency. The company takes a “holistic approach” to evaluating a homebuyer’s entire asset portfolio, including cryptocurrency and bitcoin, Defy Mortgage said Tuesday in an announcement about the launch.

Lending 421

Lending Mortgage Marketing Technology 421

Inman

JANUARY 11, 2023

From the ability to control their own income and flexibility of work hours to making a positive impact in the lives of others — there are many reasons why real estate professionals do what they do.

Real Estate 176

Real Estate Agents Real Estate Agent 176

Inman

JANUARY 11, 2023

When markets get tough, and 2023 is certainly shaping up that way, it's the professionals who come out in the winner’s circle while the amateurs are left standing on the sidelines.

Agents 157

Agents Marketing 157

Housing Wire

JANUARY 11, 2023

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage , a subsidiary of HomeServices of America , promoted Justin Messer to president and CEO on January 1, 2023. Messer succeeds Tim Wilson, who has been in the position since 2014. Messer, who was the Prosperity COO for more than three years, will be responsible for leading the lender to its “next stage of growth and performance,” he said in a statement on Wednesday.

Mortgage 368

Mortgage Lending Finance Marketing 368

Inman

JANUARY 11, 2023

You've got 365 days to work with in 2023. Whatever your circumstances, writes Teresa Boardman, it all comes down to what you decide to do with them.

Agents 157

Agents Marketing 157

Housing Wire

JANUARY 11, 2023

Stewart Title is back on the acquisition wagon. The smallest of the Big Four title insurers announced Tuesday that it had acquired the Elite Family of Companies. The financial details of the acquisition were not disclosed. The Elite Family of Companies includes Elite Land Title, LLC , Aspen Land Title Agency, LLC , and Citizens Land Title Agency, LLC.

Insurance 356

Insurance Investing Marketing Mortgage 356

Inman

JANUARY 11, 2023

The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn.

Brokerage 148

Brokerage Real Estate Marketing Construction 148

Housing Wire

JANUARY 11, 2023

In its 3rd year, the HW Finance Leaders award is celebrating the industry’s top finance executives who have muscled through another unprecedented year in housing and helped their organizations come out on top. And this year’s list will be even more robust as the nomination categories have been separated into both mortgage and real estate to welcome a broader pool of nominees.

Finance 349

Finance Real Estate Clients Brokerage 349

Inman

JANUARY 11, 2023

Executives hope to reduce risk by reducing the size and narrowing the focus of bank's mortgage business to better serve retail customers and minority communities.

Business 157

Business Lending Mortgage Retail 157

Appraiserblogs

JANUARY 11, 2023

It’s theft of services to constantly think it’s okay to drain appraisers time and resources as if we’re advocates of the AMC; all our time and energy constantly available to AMCs so they can shop us to infinity on a per diem assignment pattern forever to increase their own profits. They condition appraisers to become advocates of the AMC or you don’t get anything.

Appraisal 115

Appraisal Finance 115

Inman

JANUARY 11, 2023

The company intends to make it easier for agents to generate useful, engaging content. "Humans have worked hard for a long time. It is time machines do the heavy lifting from here on," said CEO of planetRE Subrao Shenoy.

Agents 148

Agents Marketing Business Technology 148

Eyes on Housing

JANUARY 11, 2023

Per the Mortgage Bankers Association’s (MBA) survey through the week ending January 6th, total mortgage activity increased 1.2% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate fell sixteen basis points to 6.42%. The FRM rate has remained near 6.4% over the past month. The Market Composite Index, a measure of mortgage loan application volume, rose by.

Mortgage 110

Mortgage Marketing Lending Finance 110

Inman

JANUARY 11, 2023

The company launched its Variance Reduction System this week, a provision in the settlement Meta worked out with the U.S. Department of Justice.

Technology 148

Technology 148

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. © Panuwat Dangsungnoen – iStock/Getty Images Plus.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Inman

JANUARY 11, 2023

Requests to refinance accounted for 31 percent of all loan applications last week, well below the past decade’s average of 58 percent.

Mortgage 148

Mortgage Marketing 148

GoForrmz

JANUARY 11, 2023

7 business resolutions to consider for the new year It’s that time of year again. As the calendars flip to a new year, now is the perfect time to reevaluate business resolutions and goals for the upcoming year. Regardless of your industry or job function, the resolutions below can help shape your business and elevate your personal performance growth within your organization!

Business 78

Business Technology Tools Clients 78

Inman

JANUARY 11, 2023

Steve Luthman was picked to lead the Midwest, Southeast and Canada regions; and Syl Apps will head the South America region, the company announced on Wednesday.

Property Management 147

Property Management Investing 147

Lamacchia Realty

JANUARY 11, 2023

Lamacchia Realty achieved multiple Number One Rankings for Market Share in 2022 in Worcester County, Hudson, Woburn, & Leominster. Read the details of each ranking by clicking the corresponding image below! Click here to read the full press release. Click here to read the full press release. Click here to read the full press release. Click here to read the full press release.

Realty 73

Realty Marketing Realtors Brokerage 73

Inman

JANUARY 11, 2023

While the nation continues moving away from the pandemic-era lows, it's doing so very slowly and well below rates seen during the Great Recession.

Investing 148

Investing 148

Lamacchia Realty

JANUARY 11, 2023

During this past holiday season, Lamacchia Realty raised a total of $16,900 for Boston Children’s Hospital for their Virtual Toy Drive , making the company the Top Fundraising Team for the 2022 drive for the 3rd year in a row! The top fundraisers on Lamacchia Realty’s team included Cyndi Deshaies raising a total of $1,900, Matthew Czepiel raising a total of $1,750, and Bea Murphy raising a total of $1,400.

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Realty 72

Inman

JANUARY 11, 2023

The company also announced Second Century Ventures Managing Partner Tyler Thompson will join zavvie's board of directors.

Technology 148

Technology 148

Lamacchia Realty

JANUARY 11, 2023

We are thrilled to share that in 2022, no other real estate office in Worcester County sold more homes or had higher sales volume than Lamacchia Realty Worcester ’s office. Furthermore, Lamacchia Realty is #1 Independent Brokerage by sales volume and closed transactions in Worcester County as well as in the city of Worcester.* We are incredibly proud of each and every one of the over 100 REALTORS® in our Worcester Office who helped the office achieve this milestone.

Real Estate 68

Real Estate Realty Realtors Brokerage 68

Inman

JANUARY 11, 2023

With Pacaso Now, the company is offering a 5 percent-down payment option for a one-eighth share, thereby providing second home buyers 3 options after 12 months, according to an announcement.

Buyers 120

Buyers 120

BiggerPockets

JANUARY 11, 2023

Outside of the roller coaster ride the FTX and Terra coins took, I have rarely seen anything quite like the trajectory nationwide rents have taken over the previous year. Take […].

Housing Market 71

Housing Market Marketing 71

Inman

JANUARY 11, 2023

Following her departure from Berkshire Hathaway HomeServices, Pierson joined forces with Jerfita to build on Jerfita's existing team and create the Jerfita Pierson Team at Compass.

Agents 110

Agents 110

Lamacchia Realty

JANUARY 11, 2023

We are proud to announce that Lamacchia Realty was the #1 Independent Firm by Sales Volume and Closed Transactions in Hudson for 2022. This comes less than three years after Lamacchia Realty’s Hudson branch office first opened its doors. On top of Lamacchia Realty’s accomplishment as a brokerage, the Hudson branch office alone was ranked the #1 Independent Office in Hudson by Sales Volume and Closed Transactions. * This is the second year in a row that the brokerage and office have achieved #1 r

Realty 66

Realty Brokerage Realtors Tools 66

BiggerPockets

JANUARY 11, 2023

Chances are you’ve seen the movie Top Gun before. This exhilarating film showcased the almost unbelievably intense reality of being an elite pilot in the military. And behind many of […].

Real Estate 57

Real Estate 57

Lamacchia Realty

JANUARY 11, 2023

We are incredibly proud to share that Laurie Howe Bourgeois has ranked #1 in both Leominster and Fitchburg for s ales v olume an d c losed t ransactions. This is the second year in a row that Laurie has ranked #1 in Leominster ! Despite Laurie’s incredibly high transaction rate, she continues to treat each and every one of her clients as if they were her only one. .

Agents 66

Agents Realty Real Estate Clients 66

Mashvisor

JANUARY 11, 2023

Investing in real estate is a dream come true for many. But what are the best ways to invest in real estate that will give you a good return?

Real Estate 60

Real Estate Investing Investors Mortgage 60

Lamacchia Realty

JANUARY 11, 2023

Lamacchia Realty is proud to announce their ranking as #1 Brokerage overall in Leominster by closed transactions per MLSPIN Brokerage Market Share Report*. The Lamacchia Leominster branch location also ranked as the #1 office overall in Leominster by sales volume and closed transactions. Ever since the doors opened in May of 2019 , top ranking titles have been achieved due to the hard work of our highly skilled REALTORS®.

Realty 65

Realty Brokerage Realtors Training 65