Housing Wire
FEBRUARY 29, 2024
Mortgage rates continued to trend up this week and dampen homebuyer momentum. The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, an increase from last week ’s figure of 6.90%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 6.26% this week, down from 6.29% during the prior week.
Sacramento Appraisal Blog
FEBRUARY 29, 2024
I’ve been asked this question twice this week. Is it a problem to remove the tubs from each bathroom? People planning a remodel asked if it was a big deal or not to only have a walk-in shower in each bathroom. Here are my thoughts, and I really want to hear from you too. Anything […] The post Is it a problem to remove all bathtubs in a house?
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Housing Wire
FEBRUARY 29, 2024
Real estate agents gathered at the Palladium Theater in New York City’s Times Square on Thursday to learn networking and lead generation strategies from some of the nation’s top luxury real estate agents at the Goldbar Live conference. While every real estate professional had their own nuggets of advice to share, one overarching theme was agents’ belief in manifesting their success.
Real Estate News
FEBRUARY 29, 2024
There are signs that inventory is building, which could take some pressure off the market and increase options for buyers who can stomach the elevated rates.
Housing Wire
FEBRUARY 29, 2024
January pending home sales leveled off after December’s surge but remained steady. The softening in sales was primarily a factor of wintry weather rather than declining demand, according to Bright MLS chief economist Lisa Sturtevant. Pending home sales dropped 4.9% month over month in January, according to the newest data from the National Association of Realtors (NAR).
Real Estate News
FEBRUARY 29, 2024
While pending sales reversed course last month, experts blamed seasonality and less favorable borrowing rates for the lack of activity from buyers.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
FEBRUARY 29, 2024
Fannie and Freddie's federal regulator wants lenders to synchronize adoption of bi-merge credit reporting with more inclusive FICO Score 10T and VantageScore 4.0 scoring models.
Housing Wire
FEBRUARY 29, 2024
How do you know if you’re an introvert or an extrovert? The simple test is to ask yourself: when you’re around a lot of people (say at a party or a real estate event), do you go home after the party and feel like your battery has been charged or do you feel drained? If the answer is charged up, you’re an extrovert. If you’re drained, you’re an introvert.
Inman
FEBRUARY 29, 2024
In 2010, the Berkshire Hathaway Inc. CEO said that fewer housing starts can help lay the foundation for a more balanced market down the line. His own company's recent investments in home builders show commitment to that principle.
Housing Wire
FEBRUARY 29, 2024
The plaintiffs in the Nosalek commission lawsuit and defendant MLS Property Information Network (MLS PIN) have teamed up to ask Judge Patti B. Saris if they can file separate responses to the statement of interest from the Department of Justice (DOJ). The joint motion was filed on Wednesday by MLS PIN, Jennifer Nosalek, Randy Hirschorn and Tracy Hirschorn.
Inman
FEBRUARY 29, 2024
Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10 billion year, we’ve rounded up the top stories all in one place. Here’s what you might have missed.
Housing Wire
FEBRUARY 29, 2024
Sahil Chhabra is bringing his 21-agent team, the Chhabra Group , to eXp , as a so-called “mega team,” the brokerage announced on Thursday. Based in Calgary, Alberta, the Chhabra Group was previously affiliated with RE/MAX. Conversations with eXp top producers Justin Havre and Ibrahim Hussein informed Chhabra’s decision. Since joining the real estate industry in 2020 after a career in the hospitality sector, Chhabra has accumulated an aggregate sales volume exceeding $425 million, according to a
Inman
FEBRUARY 29, 2024
A key Fed inflation metric, the PCE price index, continues to drop toward the Fed's 2 percent inflation target, falling from 2.6 percent annual growth in December to 2.4 percent in January.
Housing Wire
FEBRUARY 29, 2024
Liberty Reverse Mortgage , a top 10 reverse mortgage lender owned by Ocwen Financial Corp. and its subsidiary PHH Mortgage Corp., allegedly violated California labor laws by failing to provide employees with rest breaks, meal breaks and appropriate compensation for off-the-clock and overtime work, according to a newly filed class-action lawsuit. The suit, filed by former Liberty employee Michaela LaNere in Sacramento County Superior Court , seeks to recoup lost wages and other associated damages
Inman
FEBRUARY 29, 2024
How far do you have to drive in your state to receive quality maternal health care? To receive emergency services? These kitchen table issues are on your prospect's minds, Rachael Hite writes.
Housing Wire
FEBRUARY 29, 2024
Economics professor Teresa Ghilarducci of The New School in New York recently painted a dire picture of the retirement situation in the U.S., calling on policymakers to enact what she calls a “Gray New Deal,” recalling the economic relief and stimulus efforts of President Franklin D. Roosevelt implemented during the Great Depression. Speaking in Washington, D.C., at a policy conference for the National Institute on Retirement Security , Ghilarducci laid out her proposal and a series of what she
Inman
FEBRUARY 29, 2024
In this week's Inman Access class, industry experts sit down to discuss personal branding, the importance of being authentic and proven strategies to level up your marketing game.
Appraiserblogs
FEBRUARY 29, 2024
Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? In Mississippi, a bill has been introduced this week to require exactly that. The legislator behind the bill happens to be an appraiser. HB1663 would establish a license category for property data collectors under the jurisdiction of the Mississippi Real Estate Appraisal Board.
Inman
FEBRUARY 29, 2024
The technology platform is designed to improve marketing for listings. Now, Howard Hanna agents will get to exclusively offer the tool to their clients in Pittsburgh and Cleveland.
Boston Appraisal
FEBRUARY 29, 2024
The post Factors that affect your property value appeared first on Boston Appraisal Services.
Inman
FEBRUARY 29, 2024
The companies' integrated technology will streamline the process to make Opendoor cash offers available to eXp's tens of thousands of agents.
Genworth MI Blog
FEBRUARY 29, 2024
The mortgage process involves diligence and timeliness to ensure that borrowers can meet their closing date – that diligence is also required to master the appraisal review process. Ensuring you know the ins and outs of the appraisal review is imperative to help your borrowers meet that end goal on time. Yet, you may encounter discrepancies or concerns with property conditions or location… That’s why we’re sharing best practices to help you more effectively navigate property conditions and locat
Inman
FEBRUARY 29, 2024
Century 21 has expanded its presence in South Florida with Soflo Home Realty, a six-year-old woman-led brokerage in Delray Beach. Broker-owner Roberta Lucas and her 15-agent team serve buyers and sellers across Broward, Miami and Palm Beach counties.
Empire Appraisal Group
FEBRUARY 29, 2024
Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong. CHICAGO – Homeowners who decline to use a real estate agent to sell their property are twice as likely to say they weren’t satisfied with the selling experience, according to a new survey from Clever Real Estat
Inman
FEBRUARY 29, 2024
The Boston-headquartered franchise dubbed "Corcoran Property Advisors" is led by brokers-owners Brian Dougherty and Nick Robert who have backgrounds that span hospitality, sales, luxury and design. The firm also has an office in Cohasset.
BiggerPockets
FEBRUARY 29, 2024
There are plenty of hedge funds investing in real estate in 2024. As an investor, you can learn a lot about the real estate market—including where to invest—by closely following these hedge funds and their performance.
Inman
FEBRUARY 29, 2024
Want to stand out from the crowd of real estate professionals? Take a tip from Milena Monet and emulate some of the business world's biggest names.
BiggerPockets
FEBRUARY 29, 2024
There is no right or wrong way to invest in real estate. All that matters is that you’re comfortable with your strategy and positioned to generate a positive return on investment (ROI). However, it never hurts to compare all your options—and that means taking a closer look at short-term vs. long-term real estate investing.
Inman
FEBRUARY 29, 2024
Find out how luxury specialist Leonie ter Brugge brings her global perspective to serving clients who've fallen in love with Spain's Mediterranean coastline.
BiggerPockets
FEBRUARY 29, 2024
There are grants for real estate investors available. These grants are typically designed for specific purposes, but let’s discuss some of the most popular real estate investment grants available in 2024.
Inman
FEBRUARY 29, 2024
The new Podium program aims to give agents an easy way to sell their most difficult properties to investors.
Buys Brokers Only LLC
FEBRUARY 29, 2024
The median house price in Melrose, Massachusetts, continued upward in 2023 as inventory remained tight, but price growth slowed compared to the previous three years.
Inman
FEBRUARY 29, 2024
Pending home sales dropped off 4.9 percent between December and January, and were down 8.8 percent year over year.
BiggerPockets
FEBRUARY 29, 2024
If you're looking to break into real estate investing but need to figure out what it takes, consider house hacking. You might wonder, though: Is house hacking legal?
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