Housing Wire
AUGUST 22, 2023
Atlanta-based Christie’s International Real Estate franchise affiliate Ansley Christie’s International Real Estate poached Georgia’s top performing agent Shirley Gary and 25 of her agents, the company announced in a press release on Thursday. Gary and her agents are coming from an Engel & Völkers franchise she previously owned which had offices in Buckhead and north Fulton County, Georgia.
Real Estate News
AUGUST 22, 2023
Starting next July, former KW agents who compete against the company will see their profit share distribution reduced from 100% to 5%.
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Housing Wire
AUGUST 22, 2023
Prospective homebuyers face an obstacle course of challenges – from financing to logistics – once they make the decision to purchase a home. This process can be even more difficult to navigate for those with limited financial resources, first-time homebuyers , and minority borrowers, especially in today’s competitive real estate environment in which prices are high, homes sell fast, and supply is at an all-time low.
Real Estate News
AUGUST 22, 2023
Researchers from Zillow, Freddie Mac, and Goldman Sachs all issued revised, rising 2023 home value and price forecasts in the past week.
Housing Wire
AUGUST 22, 2023
The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). On June 1 , six federal agencies requested comments from the public on a rule designed to ensure the credibility and integrity of models used in real estate valuations.
The Appraiser Coach
AUGUST 22, 2023
My inbox is my to-do list. If I talk to someone and they need something done, I tell them, “Send me an email.” If.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Real Estate News
AUGUST 22, 2023
Rapattoni is gradually restoring service following a cyberattack that shut down the MLS service provider on Aug. 9.
Housing Wire
AUGUST 22, 2023
The total number of loans now in forbearance decreased by 5 basis points to 0.39% of servicers’ portfolio volume in July from 0.44% May, according to the Mortgage Bankers Association ’s (MBA) monthly loan monitoring survey. The MBA estimates about 195,000 homeowners are in forbearance plans. Mortgage servicers have provided forbearance to about 7.9 million borrowers since March 2020.
Real Estate News
AUGUST 22, 2023
NAR reported a 2.2% national decline in sales in July, but the West bucked the trend, and more first-time buyers entered the market.
Housing Wire
AUGUST 22, 2023
The housing market continues to cool amid high mortgage rates , low inventory and rising property insurance rates. The National Association of Realtors (NAR) suggested a 2.2% month-over-month drop from June, a seasonally adjusted annual rate of 4.07 million, according to its latest report. Despite a sharp drop in home sales compared to the year-earlier period, the median existing-home sales price rose 1.9% from one year ago to $406,700.
Inman
AUGUST 22, 2023
Part web-design agency, all proptech, Luxury Presence has capitalized on a concept by Dawn McKenna that weaves in agents' decisions with a sharp, Apple-inspired user experience.
Housing Wire
AUGUST 22, 2023
Ginger Wilcox’s intricate knowledge of the housing market is almost unparalleled. Her industry experience is vast and includes leadership roles across the housing landscape. Wilcox has a unique skillet and is laser-focused on how to best serve the end consumer. A look at her list of accomplishments includes serving as the head of industry marketing and relations for Trulia , co-CEO and chief revenue officer at RealSure and chief experience officer at Homepoint.
Inman
AUGUST 22, 2023
As the luxury brokerage continues to expand its Midwestern presence, it has strategically moved into Kentucky with Managing Partner Jason Farabee leading the new office, according to the company.
Eyes on Housing
AUGUST 22, 2023
According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts remained elevated during the second quarter of 2023. For the second quarter, 138,000 multifamily residences started construction. Of this total, 135,000 were built-for-rent. The market share of rental units of multifamily construction starts reached an all-time high of almost 98% for the second quarter as.
Inman
AUGUST 22, 2023
Real estate-related companies are frequent targets for cybercrime because of their decentralized structure and high-dollar-value services, writes broker Leslie Guiley. Here's how to protect yourself and your business.
East Coast Appraisal
AUGUST 22, 2023
If you plan to sell, buy, or refinance a commercial property, you will need to get an appraisal done by a qualified appraiser. An appraisal is an unbiased opinion of the value of a property based on its physical characteristics, location, market conditions, and income potential. An appraisal can help you determine the fair market value of your property, negotiate a better deal, or secure a favorable loan.
Inman
AUGUST 22, 2023
The refreshed campaign features a "Move Meter Match-Up" extension that will encourage NFL game viewers on streaming services to compare cities of the different teams from a real estate angle.
National Association of Realtors
AUGUST 22, 2023
Check out NAR's response to the joint banking and finance regulators on their proposed joint rule to implement the statute on automated valuation models (AVMs) regulation.
Inman
AUGUST 22, 2023
NYC's Independent Budget Office's latest study found 13,362 rent-stabilized units have been empty for at least two years. They said it's "impossible" to know if landlords are justifiably keeping them unrented.
Mortgagebroker News
AUGUST 22, 2023
The market has been disproportionately affected by the remote-work upheaval seen during the pandemic
Inman
AUGUST 22, 2023
California-based agent Janet Roberson told Inman she was dismissed from Compass after her testimony at a school board meeting caught the attention of her team leader earlier this month.
BiggerPockets
AUGUST 22, 2023
Going from house poor to earning HUGE cash flow and building a real estate empire?
Inman
AUGUST 22, 2023
Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07 million — or 16.6 percent lower than a year earlier, according to data from the National Association of Realtors.
Mortgagebroker News
AUGUST 22, 2023
Central bank will closely weigh up a further increase, economist says
Inman
AUGUST 22, 2023
Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is "confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow.
Mortgagebroker News
AUGUST 22, 2023
Tech-focused brokerage highlights its guiding philosophy for this year
Inman
AUGUST 22, 2023
Trainer and marketing expert Rachael Hite shares a few tips and tricks that you can add to your weekly routine to help you create a solid plan B for reference if the MLS happens to crash.
Clear Capital
AUGUST 22, 2023
This is the second post in our blog series about appraisal waivers and covers Freddie Mac’s ACE+ PDR and the bACE API. In 2022, Freddie Mac launched ACE+ PDR , an appraisal waiver with a property data report (PDR) and Freddie Mac has now launched the Beyond ACE application programing interface (bACE API). Among other things, this new API provides an efficient way to deliver PDR-related data and documentation to Freddie Mac and provides feedback messaging to aid users in assessing PDRs and determ
Inman
AUGUST 22, 2023
Plunk's repair and renovation analysis tools will serve investors who frequent Xome, which also markets nontraditional listings, such as auctions, foreclosures and other investor-minded assets.
Eppraisal
AUGUST 22, 2023
The world of real estate has undergone a technological transformation over the past 10 to 20 years, with Automated Valuation Models (AVMs) emerging as powerful tools for property valuation. From their utilization in the residential market for individual buyers and sellers to their integration within the operations of banks, insurance and real estate companies, AVMs have revolutionized the way property values are assessed.
Inman
AUGUST 22, 2023
Experts expect U.S. companies to adjust remote work policies in the coming 6-12 months as the office market suffers. "Our cultures are different around work-life balance," said CBRE's Julie Whelan.
Will Springer Realtor
AUGUST 22, 2023
You’re thinking about buying a home – probably this is the first, right? – and you don’t know where to begin. To get that house, you’ve got to first have your own financial house in order. I wrote that same message in one of my first blog posts in 2018. (Some things never change!) And it’s true. Before searching online for homes or contacting friends or associates for a few names of lenders, start with your finances.
Inman
AUGUST 22, 2023
The essence of garnering rave reviews and inspiring trust in your clients is taking responsibility, even when things don't go according to plan, trainer Bernice Ross writes.
Mortgagebroker News
AUGUST 22, 2023
Living costs have soared over the past year
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