Housing Wire
DECEMBER 21, 2023
First American is the latest real estate firm to suffer a cybersecurity incident. Sources told HousingWire the incident occurred Wednesday afternoon, with First American confirming the incident Thursday morning. In a statement on the title company’s website it notes that First American has “taken certain systems offline” and that it is working to resume normal business operations as soon as possible.
Real Estate News
DECEMBER 21, 2023
On stages large and small, NAR President Tracy Kasper is making a compelling push to retake the Realtor narrative and highlight efforts to expand homeownership.
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Housing Wire
DECEMBER 21, 2023
Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This week’s dip is the largest weekly drop since November 2022. The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down from last week’s 6.95% and up from 6.27% the same week a year ago.
Real Estate News
DECEMBER 21, 2023
Following a review, Top Agent Network's lawsuit challenging NAR's Clear Cooperation policy — which had been dismissed in 2021 — will be able to proceed.
Housing Wire
DECEMBER 21, 2023
There’s no higher honor than serving in the United States Military , which I deeply understand as a former Army sergeant. And, like many of my fellow service members, I’ve experienced firsthand the sense of missing out on a significant benefit we’ve rightfully earned protecting our freedoms — the VA mortgage loan — which stands as one of the most powerful tools that our nation’s veterans and active-duty military personnel can use to purchase a home and build long-term financial
Real Estate News
DECEMBER 21, 2023
First American Financial is the latest real estate service provider to be targeted by hackers.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Eyes on Housing
DECEMBER 21, 2023
NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $129 billion in taxes were paid by property owners in the third quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q3 2023, state and local governments collected $757 billion of property tax revenue—an 11.6% increase over Q3 2022. The year-over-year growth rate of property tax revenue.
Housing Wire
DECEMBER 21, 2023
While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said. The national delinquency rate climbed to 3.39% in November, which is up 13 basis points from October and down 10 basis points from November 2022.
Real Estate News
DECEMBER 21, 2023
For those who can find a home to buy, falling rates will provide significant relief.
Housing Wire
DECEMBER 21, 2023
Dovenmuehle Mortgage , a mortgage sub-servicing company, has informed authorities in Illinois that it will impose a layoff affecting hundreds of employees next year. The company has decided to cut 212 jobs in its Lake Zurich site starting on Feb. 16, 2024, per a Worker Adjustment and Retraining Notification Act (WARN) filed with the Illinois Department of Commerce and Economic Opportunity. “This action is a partial reduction in the company’s workforce at the site above; the compa
Inman
DECEMBER 21, 2023
The $10 million lawsuit alleges two former Nest Seekers managers stole the firm's commissions, clients, intellectual and other confidential property as Ryan Serhant used "unfair and deceptive trade practices" to launch SERHANT. in Connecticut.
Eyes on Housing
DECEMBER 21, 2023
Consumer confidence jumped to a five-month high as consumers were more optimistic about inflation and the economic outlook. This optimism was primarily driven by slowing inflation, expectations of lower interest rates, and fading fears of recession. The Consumer Confidence Index, reported by the Conference Board, rose 9.7 points from 101.0 to 110.7 in December, the highest level since August 2023.
Inman
DECEMBER 21, 2023
The nation's second biggest title insurer issues terse statement saying it's taken some systems offline. A ransomware group known as Blackcat, ALPHV or Noberus has infiltrated the computer networks of more than 1,000 victims.
Empire Appraisal Group
DECEMBER 21, 2023
Fraudster Steals Fla. Mansion, Threatens Actual Owners By Kerry Smith A Tampa court sentenced a man to 17 years for faking a charity that faked a Fla. mansion purchase – and then threatening to kill the real owners to keep them quiet. TAMPA, Fla. – According to court documents, Alexander Leszczynski, created a fake charity and then used that charity to create a fake warranty deed for a transfer of property in Redington Shores, Florida, in October 2020.
Inman
DECEMBER 21, 2023
West has abandoned a remodeling job on the Tadao Ando-designed property after getting sued by a live-in contractor and caretaker in September for allegedly forcing him to work 16 hours per day and sleep on the floor near open insulation.
BiggerPockets
DECEMBER 21, 2023
Many people dream of investing in real estate, but most never take the first step. If you want to get started in real estate investing, there are six actionable steps you can take today.
Inman
DECEMBER 21, 2023
Sotheby's agent Nikki Beauchamp offers insights gleaned from "Harvard Business Review" to help you bring out the best in your team, brokerage or professional organization.
BiggerPockets
DECEMBER 21, 2023
Remy was looking for rental properties in one of America’s hottest housing markets. He knew picking up one rental property, let alone a multifamily, wouldn’t be cheap.
Inman
DECEMBER 21, 2023
Colleen’s suite of products address a range of communications and apartment community needs for managers in the multifamily space, including lease renewal engagement, rent submission and other lease term milestones.
BiggerPockets
DECEMBER 21, 2023
At twenty-nine years old, Andy Johnson had achieved lean FIRE. He had enough to survive but not enough to make his future family comfortably financially free.
Inman
DECEMBER 21, 2023
Marketing and PR expert Molly McKinley offers ways that you can give back to clients and colleagues this holiday season and stay connected to those who matter most in your business.
BiggerPockets
DECEMBER 21, 2023
If you’ve thought about allocating some money into real estate, you’ve probably come across two attractive real estate investing options: Both options are very popular, and they each have their […]
Inman
DECEMBER 21, 2023
The mansion was the home of Fanny and Charles Dascal, a prominent Miami couple who came to the United States from Cuba and founded Continental National Bank.
BiggerPockets
DECEMBER 21, 2023
When it comes to investment predictions, everyone has their own crystal ball about which markets are sure to win and which are sure to lose.
Inman
DECEMBER 21, 2023
HomeScout, a real estate technology company for agents and mortgage professionals, acquired Trinity Oak Partners, a lead generation service.
BiggerPockets
DECEMBER 21, 2023
Pandemic and post-pandemic behaviors had a pronounced impact on commercial real estate, and that’s set up 2024 to be a year of normalization.
Inman
DECEMBER 21, 2023
In his latest Snapshot, Brandon Doyle looks at how Rebecca Donatelli is moving the industry forward through leadership, mentoring and education.
Mortgagebroker News
DECEMBER 21, 2023
The central bank is expecting weakness in consumption and business investment to continue for the foreseeable future
Inman
DECEMBER 21, 2023
Find out how this Miami broker-owner turned a personal connection to homeownership into a passion for brokerage leadership.
Mortgagebroker News
DECEMBER 21, 2023
The province has posted substantial population gains brought about by interprovincial migration over the last few quarters
Inman
DECEMBER 21, 2023
Find out how South Florida team leader Vincent Kessel learned to lead by example to achieve truly extraordinary results.
BiggerPockets
DECEMBER 21, 2023
The holidays are here! The egg nog is flowing along with the cash, and you’d like to keep it that way.
Inman
DECEMBER 21, 2023
Texas-based franchisor Keller Williams has tapped longtime mega agents and team leaders Wendi Harrelson and John Clidy to join its executive suite as the new vice president of growth and the new president of KWRI-Owned Regions, according to an announcement Wednesday.
Mortgagebroker News
DECEMBER 21, 2023
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