Housing Wire
JULY 17, 2023
With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. In such an environment, buyers may feel pressure to bypass steps in the transaction to make their bid more attractive to the seller, but they should be wary that taking shortcuts can expose them to fraud.
Real Estate News
JULY 17, 2023
The company's "right to list" agreements gained national attention in December, and civil and legislative actions are ongoing.
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Housing Wire
JULY 17, 2023
Angelo Robert Mozilo, the founder of Countrywide Financial , died from natural causes this weekend, his family announced. He was 84 years old. Mozilo was a pioneer of the mortgage industry, though a deeply controversial figure. “Independent of how people outside of the industry may perceive this man, insiders know what an incredible force he was,” his son Eric Mozilo wrote in a LinkedIn post. “Over his span of 50 years, he dedicated his life to delivering the American dream
Inman
JULY 17, 2023
Not all real estate is created equal, and specializing in new developments requires its very own skill set, distinct from the resale market. If you’re thinking about getting into new development sales, here are five key considerations.
Housing Wire
JULY 17, 2023
Looking for a book to push your mindset to positivity? Grow as a leader? Impact your business? Look no further. In the Q2 2023 BrokerPulse survey , RealTrends asked real estate leaders what books they’re reading for motivation, inspiration and leadership advice. You’ll see some familiar titles as well as some new ones to add to your shelf.
Inman
JULY 17, 2023
Undeterred by elevated mortgage rates, homebuyers battling over scant inventory pushed June's median sales price to the second-highest level in history, according to new data released Monday by Redfin.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Eyes on Housing
JULY 17, 2023
Over the first five months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 357,143. On a year-over-year (YoY) basis, this is 24.7% below the May 2022 level of 473,997. Year-to-date ending in May, single-family permits declined in all four regions. The Northeast posted the lowest decline of 14.7%, while the West region reported the steepest.
Housing Wire
JULY 17, 2023
The continuous development of loss mitigation tools and practices in the mortgage industry will play an essential part in preventing future foreclosures, but additional safety nets — particularly for those mortgage customers who belong to historically disadvantaged populations — will play a critical role in thinning the racial wealth gap. One such tool rests with mortgage reserve accounts (MRAs).
Inman
JULY 17, 2023
It’s no secret the real estate market in most places isn’t exactly on fire. While that can be demoralizing for agents, there are ways to keep motivation high and business streaming in.
Housing Wire
JULY 17, 2023
Having recently attended the RealTrends Gathering of Eagles and DealMakers conference in Austin, I can honestly say it’s some of the best money I have ever spent on a conference in 20+ years. Within three hours at DealMakers, I already learned enough information to more than justify the time and money invested. The world of real estate brokerage mergers and acquisitions has been turned on its head in the past 12 months.
Inman
JULY 17, 2023
Decades before accepting travel from real estate developer Harlan Crow, the Supreme Court justice received a Super Bowl ring from Dallas Cowboys owner Jerry Jones, according to reports.
Housing Wire
JULY 17, 2023
The United States Supreme Court released its calendar of oral arguments for its 2023-24 term late last week, and is wasting no time in hearing oral arguments in a case that could decide the fate of the Consumer Financial Protection Burau (CFPB). The Court will hear oral arguments for Consumer Financial Protection Bureau v. Community Financial Services Association on Oct. 3, the second day of its new session, according to the released calendar as first reported by USSC-dedicated news outlet SCOTU
Inman
JULY 17, 2023
Now, about four years after sales first launched, Related Companies is offering price cuts and to cover buyers' closing costs and taxes among other incentives, to try and move more units as sales lag behind expectations, according to a report.
Housing Wire
JULY 17, 2023
The share of mortgage loans in forbearance decreased by five basis points in June 2023 relative to May 2023 to 0.44% from 0.49%, according to the Mortgage Bankers Association ’s (MBA) monthly Loan Monitoring Survey. Since March 2020, mortgage servicers have provided forbearance to approximately 7.9 million borrowers and 220,000 homeowners are currently in forbearance plans.
Inman
JULY 17, 2023
In this Inman Access video, top agents Jordan Cohen and Santiago Arana discuss what it takes to win listings along with the tactics and strategies they recommend focusing on to see success.
Housing Wire
JULY 17, 2023
The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). With its captivating and immersive experiences, VR has captured the attention of industry stakeholders, unlocking vast untapped potential. While VR has transformed various industries, it is in real estate where its impact truly shines.
Inman
JULY 17, 2023
The founder of RH Consultants & Associates in Long Island, New York, oversaw projects on behalf of Target, Nike and others while allegedly carrying out a string of murders between 1996 and 2011.
Robinson Appraisal Group
JULY 17, 2023
Maryland is facing a serious housing shortage that is impacting the entire state, but especially the Baltimore Metropolitan area. The low inventory of available homes combined with high interest rates has made it difficult for potential buyers to find an affordable home in the area. This has caused a decrease in overall real estate sales, and an increase in rental prices.
Inman
JULY 17, 2023
Summer is in full swing, and the real estate market is heating up along with the weather. It's time to update your marketing for the season, Rainy Hake Austin writes.
GoForrmz
JULY 17, 2023
Maintenance and repair businesses improve their day-to-day processes with GoFormz Maintenance and repair businesses are facing unique challenges to keep up with today’s fast-paced world. Ordinary paper-based processes can be time-consuming, prone to errors, and unproductive. However, with the rise of digital transformation, these businesses are moving towards innovative solutions.
Inman
JULY 17, 2023
Ahead of Inman Connect Las Vegas in August, the Papasan Properties Group co-founder revealed how she leverages herself by hiring others and tapping her network to grow her businesses.
Lamacchia Realty
JULY 17, 2023
We are thrilled to announce that Joselin Malkhasian has officially qualified for the 2023 Lamacchia Realty President’s Club by surpassing $16,000,000 in sales volume so far this year! This is Joselin’s 7th year in a row qualifying for this distinction, having also made it previously in 2017 , 2018 , 2019 , 2020 , 2021 , and 2022. Additionally, she is also a member of the Lamacchia Realty President’s Club ELITE for 2020 , 2021 , and 2022.
Inman
JULY 17, 2023
So which outdoor amenities are particularly in-demand among luxury buyers in today's market? Here are six of the most frequently requested — and why they matter.
BiggerPockets
JULY 17, 2023
DSCR loans are a powerful way to build your portfolio, but you'll need important documentation to get approved. Here's what you need to know.
Inman
JULY 17, 2023
While veteran agents don't have a time machine, these are the things we'd tell ourselves if we could go back to Day One, Stephen Meadows writes.
BiggerPockets
JULY 17, 2023
With all of the latest news on STRs, it's important to stay on top of the latest trends to stay ahead of the game. What did these experts have to say?
Inman
JULY 17, 2023
Technology company Chime offers an array of marketing and agent sales support features centered around its CRM solution. To fill gaps along the way, or enhance an existing benefit, it’s linked up with an array of similarly aligned proptechs like BoxBrownie, the companies announced.
BiggerPockets
JULY 17, 2023
Buying a house with an LLC is a popular strategy for real estate investors. Here are a few pros and cons you need to know before closing the deal.
Mortgagebroker News
JULY 17, 2023
In this EngageBay review, we will look at how this CRM can help you attract prospective home buyers and retain current clients
Buys Brokers Only LLC
JULY 17, 2023
In highly competitive real estate markets, home buyers often contemplate waiving essential contingencies to make their offers more attractive to sellers.
Mortgagebroker News
JULY 17, 2023
More than three decades in the financial services industry have served Corina Murphy well
San Jose Real Estate
JULY 17, 2023
Why do real estate agents do a visual inspection of the properties they sell?
Mortgagebroker News
JULY 17, 2023
The central bank indicated in March that it might be done on rate increases
BiggerPockets
JULY 17, 2023
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