Wed.Dec 09, 2020

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HW Media acquires REAL Trends to combine two of real estate’s most powerful media outlets

Housing Wire

HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms. REAL Trends will continue to publish the REAL Trends 500, The Thousand, and Website Rankings reports on an annual basis, as well as produce the Gathering of Eagles and DealMAKERS events.

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Home Seller Closing Costs in Texas

Listing Spark

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees). This could easily differ from state to state, but we find most markets in Texas tend to be similar.

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Why 28% of mortgage applicants never close the loan

Housing Wire

Lonnie Glessner isn’t normally one to turn down business. But with origination volume expected to exceed $3.4 trillion this year, stretching the capacity limits of lenders and everyone else in the housing ecosystem, some mortgage applicants simply haven’t been worth his while. “I have a refinance client in California and they own a geodesic dome home,” said Glessner, a senior loan officer at Draper & Kramer Mortgage in Englewood, Colorado. “They are nearly impossible to finance, thus n

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10 Easy Ways to Cozy Up Your Home

REX Real Estate

It’s official – we could all use an extra dose of “cozy” this winter.

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2021 housing market forecast: What will fuel home sales?

Housing Wire

Even as the pandemic nears its end, its impact on the way we work and live will in many ways be permanent, and Americans will migrate to homes that fit their new lifestyles. We already saw much of this movement in 2020, as home sales surged over 20% this fall, but many homeowners were nervous about listing during the pandemic and will be ready to sell in droves next year.

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By: Mark Zabilowicz

Housecall

Great Tips! Every little bit that seller can do to help in the valuation is extremely important!

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Supreme Court hears arguments on FHFA structure

Housing Wire

The Supreme Court heard arguments Wednesday over whether it should find the structure of the Federal Housing Finance Agency unconstitutional and void an agreement it struck with the Treasury Department over revenue from the companies it oversees, Fannie Mae and Freddie Mac. The plaintiffs in the case, Collins v. Mnuchin , have raised a $124 billion claim against the federal government, essentially arguing that the FHFA, which was created in the wake of the 2008 housing crash, acted illegally whe

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Real Estate Tech Demo Day: Keller Williams

Housing Wire

Command. Command is a smart CRM-plus suite of apps hosted on the Keller Cloud. Command was developed in partnership with real estate agents within KW Labs, the innovation hub of Keller Williams, the world’s largest real estate technology franchise by agent count. Command has 143,104 active users, as of September 30. #1. Command, a smart CRM-plus suite of apps hosted on the Keller Cloud, now has 143,104 active users, as of September 30. #2.

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CFPB issues consent order against Washington Federal for HMDA reporting violations

Housing Wire

The Consumer Financial Protection Bureau issued a consent order against Washington Federal Bank in October for Regulation C and Home Mortgage Disclosure Act violations. The bank will pay a $200,000 fine for reporting inaccurate HMDA data in 2016 and 2017 — with error rates up to 40% in some cases, according to the CFPB. The settlement also orders Washington Federal to “develop and implement an effective compliance-management system to prevent future violations,” per the CFPB. “

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How one lender is putting the focus back on people and relationships

Housing Wire

HousingWire recently chatted with Homepoint Chief Experience Officer Ginger Wilcox about the company’s rebrand and hiring surge in the middle of a global pandemic. Wilcox explains how Homepoint is redefining the home buying and homeownership experience moving forward. HousingWire: Ginger, it’s quite the turnaround to join a company and architect a massive company rebrand within your first 10 months on the job.

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Knock launches new sale-leaseback solution, Knock Nest

Housing Wire

Real estate technology company Knock has announced the launch of Knock Nest, a standalone sale-leaseback solution that allows homeowners to access the cash they’ve built up in their home while continuing to live in it. Via Knock Nest, homeowners can request a no-obligation cash offer for their home, allowing them to pay off their mortgage and access equity in about two weeks if they qualify.

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Real Estate Tech Demo Day: Zigzy

Housing Wire

Townify. Townify?provides?Real?Estate?Agents the perfect tools to manage and market their prospects and listings, all in one centralized solution. It offers open house sign-ins that automatically convert into a prospect, easily shareable listings for social media, virtual open house capability, personalized marketing materials and so much more! #1. User Focused – We’ve listened to Real Estate Agents in the field and created a platform based on your needs. #2.

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Real estate tech roundup: House X, CoHome and BoomTown

Housing Wire

Residential real estate online marketplace House X has announced the launch of its smart home marketplace and pilot program called The New American Dream Showcase of New Homes. The program is available in California, Florida, Georgia and Texas with additional states launching in 2021. House X showcases over 30,000 new energy-efficient smart homes with over 10,000 available for quick move-in as well as comprehensive neighborhood reports with over 250 data points.