Housing Wire
FEBRUARY 2, 2024
Redfin is back to offering refunds to homebuyers but this time under a new name. Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with a Redfin agent before their second home tour — and who purchase a property with that agent within 180 days of signing the agreement — a refund of 0.25% to 0.5% of the purchase price of the house.
Real Estate News
FEBRUARY 2, 2024
The new “Sign & Save” program offers buyers a rebate if they sign a buyer agreement with Redfin and go under contract on a home within six months.
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Housing Wire
FEBRUARY 2, 2024
Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates higher today. Now, we do have some quirky seasonality issues with this report, but as I have often stressed, don’t look at one to two positive or negative job reports; take the longer-term trend.
Real Estate News
FEBRUARY 2, 2024
“We’re trying to be an example of what an association can do,” says René Galvan, who will take over for Bob Hale as CEO in 2026.
Housing Wire
FEBRUARY 2, 2024
The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a current requirement for lenders to register the branch offices where they conduct FHA Title I or Title II mortgage loan originations. By removing these requirements, FHA hopes to involve more community-based entities in its Title I and II programs, including smaller loan originators and credit unions, the agency explained.
Real Estate News
FEBRUARY 2, 2024
Zillow unveils app for Apple's Vision Pro; Perchwell offers REBNY RESO-compliant data solution; CoreLogic launches security platform; Lofty adds AI assistant.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Real Estate News
FEBRUARY 2, 2024
Sellers are still seeing near-record-high profits, but this was the first year-over-year decline in 12 years.
Housing Wire
FEBRUARY 2, 2024
The U.S. economy added significantly more jobs than expected during the first month of the year. Jobs increased by 353,000 in January, up from a revised rate of 333,000 in December , according to data released by the Bureau of Labor Statis tics on Friday. January’s reading far exceeded the monthly average of 255,000 new jobs per month in 2023. Meanwhile, the national unemployment rate remained unchanged for the third month in a row at 3.7% while the number of unemployed Americans also showed lit
Inman
FEBRUARY 2, 2024
German search engine optimization (SEO) platform SISTRIX ranked portal Homes.com No. 43 on a list of fastest-growing domains in the U.S. The company has been ranking domains for 15 years.
Housing Wire
FEBRUARY 2, 2024
Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. (DKMC) are not transitioning to the company’s acquirer, New American Funding (NAF), according to multiple sources and available public data. During their departure, DKMC sales staff who are not joining NAF were informed by leadership that they will have to wait a few months before receiving all of their compensation tied to any loans closed before the M&A deal, per documents reviewed by HousingWire.
Inman
FEBRUARY 2, 2024
Zillow Immerse is the latest in a series of software releases from the home search leader as it moves toward an agent services model, collectively referred to as its “super app.
Housing Wire
FEBRUARY 2, 2024
In a high-rate environment, Pennymac Financial Services delivered profits in 2023, mainly due to the performance of its servicing portfolio. That’s despite a net loss in the last quarter of the year attributable to the resolution of a long-standing arbitration process with Black Knight regarding its servicing technology and losses in mortgage servicing rights (MSR) fair value. “2023 was one of the more challenging origination markets in recent history, with industry volumes down appr
Inman
FEBRUARY 2, 2024
Employers added 353,000 workers to their payrolls in January, a "head scratching" jobs report from the Labor Department that kills prospects for a March rate cut "stone dead," economist says
Housing Wire
FEBRUARY 2, 2024
Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We are thrilled about the prospects of our exciting new partnership with eXp Realty, anticipating a wealth of opportunities and collaborative success ahead,” Jeremy Webb, the president of Citrus Closing Group, said in a statement.
Inman
FEBRUARY 2, 2024
Strategic migration, low inventory and a demand for larger spaces have also contributed to rising luxury prices, agents told Inman, depending on the specific market.
Eyes on Housing
FEBRUARY 2, 2024
The U.S. economy entered the new year with a strong gain in payroll employment and an unchanged unemployment rate. Job gains in November and December were much stronger than initially estimated, according to revisions of the establishment survey data. January’s jobs report shows that the job market remains unexpectedly strong despite the impact of the highest interest rates in two.
Inman
FEBRUARY 2, 2024
Oppy is software that anyone can use to build an AI assistant to pick up the pieces of a busy workday, from scheduling meetings with integrated drive times to ensuring that last lead received the information they needed.
GoForrmz
FEBRUARY 2, 2024
In 2024, the need for faster and simpler work methods is more important than ever. And that’s where GoFormz comes in. We offer powerful digital forms that revolutionize traditional paperwork and empower you to focus on more important tasks. Learn how GoFormz can help you improve your work processes, save money, and create an agile work environment. Say Goodbye to Paper Costs Paper, ink, storage cabinets, you name it.
Inman
FEBRUARY 2, 2024
Trainer Bernice Ross talks to popular TikTok credit expert Alisa Glutz to find out how you and your clients can optimize the potential of a credit profile for lower interest rates and better scores.
BiggerPockets
FEBRUARY 2, 2024
Over the next four years, commercial debt bills will total a whopping $2.8 trillion many of which are balloon payments. It's led to the steepest drop in commercial asset valuations in recent history and created tremendous anxiety amongst investors. Where does the market go from here?
Inman
FEBRUARY 2, 2024
In his latest Snapshot profile, Brandon Doyle looks at Nathan Brennan's impact on the real estate industry through AI and computer vision and how technological innovation can revolutionize industries.
BiggerPockets
FEBRUARY 2, 2024
A recent poll showed 60% of Americans are scared of the word "budget," so they wind up doing nothing at all. You don't have to budget, but you do have to track. Here's how.
Inman
FEBRUARY 2, 2024
Sixty-five employees are slated to lose jobs when the Atlanta-based lender, licensed in 48 states, ceases operations on March 29, the company confirmed in a WARN Act filing with Georgia officials.
Mortgagebroker News
FEBRUARY 2, 2024
Inaugural bowling event shatters fundraising target, with plans already afoot for 2025
Inman
FEBRUARY 2, 2024
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Mortgagebroker News
FEBRUARY 2, 2024
Simple solution provides 'clear line of sight on expected outcome,' said president Derek Serra
Inman
FEBRUARY 2, 2024
Rosen's team includes seven additional real estate agents and one administrator, according to an announcement. Their move to SERHANT. comes as brokerages battle over top talent.
Mortgagebroker News
FEBRUARY 2, 2024
Consultant on the importance of cultivating relationships within the sector
Inman
FEBRUARY 2, 2024
A roofing technology company called Roofer has landed a $7.5 million seed investment to advance its computer vision-based roof analysis solution.
Housing Wire
FEBRUARY 2, 2024
With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. Both HECM endorsements and HECM-backed securities (HMBS) issuance saw modest declines in January, although four of the top 10 HECM lenders managed to post slight gains for the month.
Inman
FEBRUARY 2, 2024
Under the newly created agreement, all properties owned by Wood will see their management duties transferred to Greystar.
Mortgagebroker News
FEBRUARY 2, 2024
The end of the government's pandemic-era support has left small businesses bracing for the worst
Inman
FEBRUARY 2, 2024
The new "Sign and Save" program promises homebuyers a refund of 0.25 percent to 0.5 percent for signing a buyer agency agreement.
Mortgagebroker News
FEBRUARY 2, 2024
Organization suggests simplifying permitting processes
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