Housing Wire
JANUARY 20, 2023
The Federal Housing Finance Agency this week made a series of significant changes to loan level pricing adjustment (LLPA) fees charged by Fannie Mae and Freddie Mac on conventional/conforming mortgages. It’s generating concern among mortgage and real estate trade groups, who fear the tweaks will hurt qualified borrowers amid an existing affordability crisis.
Inman
JANUARY 20, 2023
Inflation and rising interest rates tilted the housing market off its axis in 2022. Here's the story of one woman who joined the ranks of real estate agents last year — and thrived amid the chaos.
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Housing Wire
JANUARY 20, 2023
On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. And existing home sales crashed in 2022 from a peak of around 6.5 million in January down to about 4 million in December, We now have total inventory levels near all-time lows again. In one of the most historical years in the U.S. housing market , we just experienced an event that most people never thought could happen.
Inman
JANUARY 20, 2023
In advance of his appearance at Inman Connect New York on Jan. 24-26, the founder of PropTech Consulting busts myths about this burgeoning area of the real estate industry.
Housing Wire
JANUARY 20, 2023
An industry downturn is when leaders find out the real capabilities of the companies they have built. It’s easy to show a profit when sales are high, but when the tide rolls out the dangerous rocks appear. In the title industry , like the rest of the home finance industry, the real dangers are high operating costs that come from inefficiency. As the market contracts, experienced title agency executives can feel the shift and know exactly what it means.
Inman
JANUARY 20, 2023
In what could be described as the most significant proptech acquisition since Zillow purchased ShowingTime, the resulting company will boast 700 employees and a massive range of customers.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
JANUARY 20, 2023
Looking to enlarge your perspective and consume content that’s not real estate related? These channels will help you broaden your knowledge base and build your brainpower, while having fun in the process.
Housing Wire
JANUARY 20, 2023
The phrase “in like a lion, out like a lamb” is typically used to describe the month of March, but it is also applicable to existing home sales trends in 2022. After posting a 6.5% month-over-month increase in January , existing home sales trended downward throughout the rest of the year. In December, the seasonally adjusted sales pace for existing homes dropped 1.5% from November to a pace of 4.02 million, according to a report from the National Association of Realtors (NAR) released Friday.
Inman
JANUARY 20, 2023
Four teams previously affiliated with Coldwell Banker Hubell BriarWood in Lansing, Michigan, have moved to RE/MAX Real Estate Professionals Okemos since December representing about 20 real estate agents and staff and nearly $150 million in average annual sales volume.
Housing Wire
JANUARY 20, 2023
Big Four title insurer Old Republic is on the lookout for a new CEO after Mark Bilbrey announced on Thursday that he would be retiring at the end of January. Bilbrey has served as the firm’s CEO since 2019. An industry veteran, Billbrey began working part-time in the title industry over 50 years ago. In a statement shared with the American Land Title Association , Bilbrey said the profession “became my life, my family, my passion and my purpose.
Inman
JANUARY 20, 2023
Existing-home sales fell 1.5 percent nationally between November and December while plunging 34 percent from December 2021, according to data released Friday by the National Association of Realtors.
Eyes on Housing
JANUARY 20, 2023
As elevated mortgage rates and tight inventory continue to weaken housing demand, the volume of existing home sales declined for an eleventh consecutive month as of December, according to the National Association of Realtors (NAR). This is the longest run of declines since 1999. While mortgage rates have retreated in recent weeks due to recession concerns, they are likely to.
Inman
JANUARY 20, 2023
Tal and Oren Alexander are expanding to Los Angeles, and they've recruited top agent Tyrone McKillen to lead their office, according to an announcement Thursday on Instagram.
GoForrmz
JANUARY 20, 2023
Keep finances at your fingertips with digital forms Digital forms have modernized the way accounting businesses work. They provide a convenient and efficient alternative to traditional paper-based forms. From collecting client information to tracking expenses, digital forms have made the accounting process faster, more accurate, and more secure. However, GoFormz customers know not all digital forms are created equal.
Inman
JANUARY 20, 2023
Kramer has been with the luxury boutique firm since 2005 and is one of Hilton & Hyland's top producers. He succeeds the late Jeff Hyland, who died of cancer nearly a year ago.
Lamacchia Realty
JANUARY 20, 2023
The REALTOR ® with the Highest Sales Volume in the Chelmsford Office for 2022 is Angela Harkins! Angela closed out 2022 with over $19,500,000 in sales volume! This is Angela’s 5 th year achieving the #1 spot. Angela is a consistent top performer in the Chelmsford office and the company overall. In addition, Angela ended the year by ranking as the #16 REALTOR ® in the company – that’s out of nearly 500 REALTORS ® !
Inman
JANUARY 20, 2023
Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman. This week, Lazine and White are talking about the Keller Williams cold-call settlement, the increase in home price cuts, and the weekly media review Left, Middle, Right.
Lamacchia Realty
JANUARY 20, 2023
Kate Perrine closed out 2022 as the REALTOR ® with the Most Transactions in the Chelmsford Office! This is the second year in a row that Kate has achieved this ranking. By the end of 2022, Kate closed an impressive 36 homes! In addition, Kate rounded out the year by ranking as the #14 REALTOR® in the company – that’s out of nearly 500 REALTORS ® ! On her third year with the company, Kate has certainly settled into her role as a top producing REALTOR ® in the company overall.
Inman
JANUARY 20, 2023
MAX/Tech powered by kvCORE is a new nationwide marketing and business technology solution for RE/MAX offices, teams and agents, the company announced Thursday.
Lamacchia Realty
JANUARY 20, 2023
AJ Bruce has been awarded for ha ving the Most Transactions and the Highest Sales Volume in the Northborough office in 2022. Since moving to the new Lamacchia Northborough branch in April , AJ has closed 43 transactions and over $18,620,000 in volume. In addition, AJ ended the year by ranking as the # 6 REALTOR ® in the company – that’s out of nearly 500 REALTORS ® !
Inman
JANUARY 20, 2023
Mortgage giants' federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases.
Lamacchia Realty
JANUARY 20, 2023
Kyle Denlinger has been awarded for the M ost T ransactions in the Fort Lauderdale office in 2022! He had a very successful first full year with Lamacchia Realty , having closed on 26 homes in total! In addition, Kyle rounded out the year by ranking as the # 37 REALTOR ® in the company – that’s out of nearly 500 REALTORS ® ! Kyle is wildly dedicated to his business and loves helping his clients reach their real estate goals.
Inman
JANUARY 20, 2023
Blockchain Home Registry, built by the team behind Torri Homes, aims to offer consumers incentives for supplying real estate data.
Lamacchia Realty
JANUARY 20, 2023
We are so happy to announce that Kerryann Murphy has been named the #1 Agent by Transactions and Highest Sales Volume in the Hudson Office for 202 2 ! This is her second year in a row winning this prestigious achievement! This year , Kerryann had an impressive 3 3 sales and over $ 11 Million in sales volume. In addition, Kerryann ended the year by ranking as the # 22 REALTOR ® in the company – that’s out of nearly 500 REALTORS ® !
Inman
JANUARY 20, 2023
The move follows layoffs by parent company Anywhere, which said the company would be looking for more ways to cut costs, including office space.
Lamacchia Realty
JANUARY 20, 2023
Deanna Fauc her h as won the award for highest sales volume in the Worcester office in 2022. This year, Deanna sold an impressive $18,263,200 in sales volume. In addition, Deanna ended the year by ranking as the #17 REALTOR ® in the company – that’s out of nearly 500 REALTORS ® ! Deanna has seen major success this year, her most recent accomplishment qualifying for the 2022 Lamacchia Realty President’s Club.
Inman
JANUARY 20, 2023
With a recession looking increasingly likely, Fannie Mae economists expect national home prices to fall 6.7 percent over the next two years.
Lamacchia Realty
JANUARY 20, 2023
Laurie Howe Bourgeois has officially been named the REALTOR® with the Most Transactions and Highest Sales Volume in the Leominster Office for 2022! This is Laurie’s fourth year in a row achieving this accomplishment. On top of that, Laurie was the #1 REALTOR in the cities of Leominster and Fitchburg for sales volume and closed transactions! Laurie rounded out the year by ranking as the #2 REALTOR ® in the company – that’s out of nearly 500 REALTORS ® !
Inman
JANUARY 20, 2023
Production for the next season of the real estate reality TV show is reportedly scheduled to begin sometime this winter.
Lamacchia Realty
JANUARY 20, 2023
For an impressive fifth year in a row, Eileen Doherty has won the award for Most Transactions and Highest Sales Volume for the Woburn office in 2022. Eileen closed out the year with over $53,000,000 in sales volume and 75 closed transactions. No matter the market, Eileen is able to dominate her local market and guide each and every one of her clients to success.
Inman
JANUARY 20, 2023
Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Jan. 13-19, 2023.
Lamacchia Realty
JANUARY 20, 2023
Bea Murphy has won the award for Most Transactions and Highest Sales Volume in the Braintree office! For the fourth year in a row, Bea has taken home this prestigious award, having won in 2019 and 2020 for the Norwood office , and again in 2021 once she moved to the new Braintree office. Despite the changing nature of the market this year, Bea closed on 52 homes , totaling in over $28.4 million in sales volume!
National Association of Realtors
JANUARY 20, 2023
NAR sent a letter to the Veterans Affairs (VA) secretary recommending a slower, thoughtful approach to VA's appraisal modernization while keeping protections for the Loan Guarantee Program.
Lamacchia Realty
JANUARY 20, 2023
The #1 REALTOR ® in the Lamacchia Realty Beverly office for 2022 is Lisa Hayford! Lisa achieved the Most Transactions and the Highest Sales Volume in the Beverly office. She closed 47 homes and surpassed $24,300,000 in sales volume, beating her own records from last year! Additionally, Lisa rounded out the year by ranking as the #9 REALTOR® in the company – that’s out of nearly 500 REALTORS ® !
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