Housing Wire
APRIL 7, 2023
Given Friday’s job report , those who have been concerned with entrenched 1970s inflation — which would lead to double-digit mortgage rates — can put their disco shoes back in the closet. I have tried to explain that the 1970s inflation isn’t a reality , and Friday’s report should ease the fear that wage growth is spiraling out of control.
Real Estate News
APRIL 7, 2023
There’s money out there for people who need help getting into their first home — especially if they’re part of an underserved community.
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Housing Wire
APRIL 7, 2023
Shrinking wholesale lender Homepoint is closing its mortgage origination business and will sell its origination-focused assets to competitor The Loan Store , the company announced on Friday. Michigan-based Homepoint is “winding down” its tenure as a direct participant in the mortgage origination business and becoming an investor in the market, as the company will hold an equity interest in The Loan Store.
Real Estate News
APRIL 7, 2023
New England's NEREN, with coverage in seven states, is now PrimeMLS.
Housing Wire
APRIL 7, 2023
Signs of a slowdown in the labor market have emerged, sparking hope that the Federal Reserve may stop its ongoing tightening monetary policy, which has spurred increasing mortgage rates. But industry observers say it’s prudent to wait for inflation figures in order to bet that the Fed’s rate hikes are over. The slowdown in the labor market has been very gradual, according to them.
Inman
APRIL 7, 2023
Enes Yilmazer is a content creator and real estate influencer who rose to fame through his real estate channel on YouTube. After posting his first real estate video in 2019, he quickly realized the platform's potential and prioritized it.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
APRIL 7, 2023
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data.
Housing Wire
APRIL 7, 2023
The spring homebuying season is here, but a large majority of consumers are pessimistic about making the purchase, citing unfavorable mortgage rates and rate lock-in effects as the cause, according to Fannie Mae. The government-sponsored enterprise’s Home Purchase Sentiment Index (HPSI), which tracks the housing market and consumer confidence to sell or buy a home, rose 3.3 points to 61.3 in March from February — but remains only slightly above the all-time low set late last year.
Inman
APRIL 7, 2023
New listings plunged 21.8 percent from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin.
Housing Wire
APRIL 7, 2023
Rate lock volume activity in the residential mortgage industry increased across the board in March after dipping in February, according to data compiled by the Mortgage Capital Trading, Inc. (MCT) MCTlive! Lock Volume Indices report. In March, purchase lock activity increased 23% compared to February, according to the report, while rate/term refinance volume grew by 39%.
Inman
APRIL 7, 2023
Following a brand "refinement," Engel & Völkers will continue rolling out additional technology updates to better arm agents to serve the clients of tomorrow, all while sticking to its core values, Hitt told Inman.
Eyes on Housing
APRIL 7, 2023
Job growth slowed in March, along with higher interest rates and increased economic uncertainty. After a revised 326,000 job gain in February, total nonfarm payroll employment increased by 236,000 in March, and the unemployment rate declined to 3.5% from 3.6% in February. Average hourly earnings have increased by 4.2% on a year-over-year basis. It marks the lowest wage gain since.
Inman
APRIL 7, 2023
Three years after entering into an agreement with @properties, Nest Realty's partners have regained ownership of the brokerage, which is now fully independent, Inman reports exclusively.
Empire Appraisal Group
APRIL 7, 2023
30-Year Mortgages Dip Again, Hit 6.28% NEWS & MEDIA Winslow Productions / Getty Images Source: 30-Year Mortgages Dip Again, Hit 6.28% | Florida Realtors 30-Year Mortgages Dip Again, Hit 6.28% By Matt Ott It’s the fourth week of declines. This week’s average 6.28% for a 30-year, fixed-rate mortgage dropped from last week’s 6.32%, says Freddie Mac.
Inman
APRIL 7, 2023
Prior to this expansion, Nest Seekers had European locations across the U.K. and Spain, as well as other international offices in Korea and Mexico. The new offices will be headquartered in Milan and Lisbon.
McKissock
APRIL 7, 2023
No two real estate appraisal assignments are alike. Some of the more unusual cases will require a more “thinking outside the box” approach. In this episode of our podcast, Beyond the Numbers with McKissock Appraisal, Jason Ormiston, owner of Todd Appraisal, Inc. and a Certified FHA Approved Appraiser for over 15 years in the Kansas and Missouri markets, provides expert advice on how to tackle unusual appraisal problems.
Inman
APRIL 7, 2023
Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by the end of the second quarter.
Lamacchia Realty
APRIL 7, 2023
Nineteen REALTORS ® from Lamacchia Realty have been included in Boston Agent Magazine’s Who’s Who for 2023! Boston Agent Magazine states its annual list “highlights those agents, brokers, and affiliates who provide that higher level of service and offer a depth of knowledge and solutions to provide a stress-free transaction.” True to its mission statement, Lamacchia Realty prides itself on its REALTORS ®, who go above and beyond to guide their clients to their success.
Inman
APRIL 7, 2023
Fannie Mae and Freddie Mac's federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation's capital July 10-13.
Valcre
APRIL 7, 2023
Valcre’s Client Success team held a two-day customer success (CS) team meetup in Portland, Oregon. The two-day event was focused on optimizing the onboarding process for new customers. The main goal was to ensure that new users feel confident with the platform and can easily navigate it. This is a critical part of any software company, and Valcre is no exception.
Inman
APRIL 7, 2023
Formations helps real estate agents smartly manage their annual tax commitments and monitor long-term financial performance.
Lamacchia Realty
APRIL 7, 2023
Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for March 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! March 2023 Winners of the Top 10 for the Company are: Laurie Howe Bourgeois has been a licensed REALTOR® since 2000 and in the customer service industry for 34 years.
Inman
APRIL 7, 2023
Should you continue marketing your real estate business on Twitter? The algorithm's open-source code reveals that it may not be as useful a platform as it once was, and it could be time for agents to focus their social media marketing elsewhere.
Mashvisor
APRIL 7, 2023
Over time, real estate investors have created a great income stream with Airbnb properties. Find out how an Airbnb cash flow will work for you.
Inman
APRIL 7, 2023
Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.
Appraisal Today
APRIL 7, 2023
The Mailbox is Full and Cannot Accept Any Messages at this Time. Goodbye. How to Manage Your Emails By Paul Ryll Excerpts: My mother told me today that she called last night and was greeted with, ‘The mailbox is full and cannot accept any messages at this time. Goodbye.’ I get a few telemarketers’ messages. Rarely is there a message from a friend or family member.
Buys Brokers Only LLC
APRIL 7, 2023
The cost of homeowners insurance in Massachusetts varies depending on several factors, including the value of your home, the coverage, the deductible, and the insurance company you choose. The average cost of homeowners insurance in Massachusetts is $1,320 per year, according to NerdWallet. That's 27 percent less than the national average of $1,820.
BiggerPockets
APRIL 7, 2023
This article is presented by New Western. Read our editorial guidelines for more information. Let’s face it.
Listing Spark
APRIL 7, 2023
Episode Summary How will the current state of the banking industry impact the commercial real estate market? Silicon Valley Bank’s recent failure had a significant effect on the startup community that relied on the bank for funding, while the commercial real estate market is facing a crisis as local banks hold over $2.3 trillion in commercial real estate debt.
BiggerPockets
APRIL 7, 2023
Learning how to get into commercial real estate investing seems like a challenging task.
The Robert Weiler Company
APRIL 7, 2023
Over half a century ago, the United States inaugurated a special day, April 22, as Earth Day. As we commemorate the global phenomenon, The Robert Weiler Company is excited to announce that the green movement is alive and well in the commercial real estate industry. What began in 1970 as a localized, American movement, is now celebrated by 192 countries.
Eppraisal
APRIL 7, 2023
Selling your home can be an emotional experience. Having to sell your home due to a divorce can be overwhelming. Knowing the options available to you regarding your home during a divorce is critical to a successful separation. Balancing Emotions Keeping your emotions in check during a divorce can be easier said than done. It is wise to think about what the most effective business decision will be in regard to your marital home.
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