Tue.Apr 25, 2023

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Annual home-price growth cooled further in February

Housing Wire

Home price growth cooled further in February, falling to an annual growth rate of 2.0%, according to the S&P CoreLogic Case-Shiller National Home Price Index , released Tuesday. The annual growth rate in January was 3.7%. The national index came in at a reading of 293.17 in February. On a month-over-month basis, the index was up 0.2% before seasonal adjustment.

Inventory 397
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Leaving California. Some fresh migration stats.

Sacramento Appraisal Blog

Leaving California. That’s a buzzworthy topic. Let’s talk about migration today. I have lots of visuals and a few resources to share in case you’re in a different state and looking for data. I’d love to hear your take in the comments. UPCOMING (PUBLIC) SPEAKING GIGS: 5/4/23 Housing Market Q&A 12-2pm 5/10/23 Empire Home Loans event TBA […] The post Leaving California.

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What do economic trends mean for housing in 2023?

Housing Wire

This article is part of our ongoing 2023 Housing Market Forecast series. After this series wraps, join us on May 30 for the next Housing Market Update Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Inventory 384
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Newer brokerages take top spots in Mega 1000 rankings

Real Estate News

Several of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass.

Brokerage 324
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Tavant adds automated asset analysis product to its lending platform

Housing Wire

Tavant , a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform, Touchless Lending. The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 383
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Where Are You Spending Your Time?

The Appraiser Coach

If you’ve ever read about the 5 Love Languages by Gary Chapman, you know that, for must of us, there are particular things that make each of us feel loved.

More Trending

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New home sales gaining momentum

Real Estate News

The latest U.S. Census numbers on new home sales illustrate an improving market for homebuilders, especially in the South.

Marketing 247
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CFPB, DOJ warn AI advances are not an excuse to break laws

Housing Wire

Representatives of federal enforcement and regulatory agencies, including the Consumer Financial Protection Bureau (CFPB), Department of Justice (DOJ), Federal Trade Commission (FTC) and the Equal Employment Opportunity Commission (EEOC) are warning that the emergence of artificial intelligence (AI) technology do not give license to break existing laws pertaining to civil rights, fair competition, consumer protection and equal opportunity.

Law 368
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CoStar beats expectations, increases revenue by 13%

Real Estate News

The company cited increased traffic to its portal websites, including Homes.com, as one reason for its growth.

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Pam Liebman: Corcoran’s 50th year, taking the high road and more

Inman

In advance of the brokerage's second annual BeCorcoran event, the president and CEO spoke with Inman about her thoughts on Corcoran's past, present and future and how the brokerage is meeting a shifting market head-on.

Brokerage 155
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Southeast continues to buck national price-growth trends

Real Estate News

The Case-Shiller data for March showed continuing annual declines in home prices, with stark regional differences.

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Meet the boomerang agents returning to their old brokerages

Inman

As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold.

Agents 155
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Certified Appraisers vs. Unlicensed Data Collectors

Appraiserblogs

Here’s a great take on the difference between Certified Appraisers vs. Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Fannie Mae has been working hard to get rid of appraisers for years. Their latest twist is to re-categorize many appraisers as “Unlicensed Data Collectors.” Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home c

Appraisal 128
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New-home sales soar to 1-year high in March as purchases leap 9.6%

Inman

The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new landscape of higher mortgage rates.

Buyers 155
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Making $1,200/Month from ONE Rental After Bouncing Back from a BAD Deal

BiggerPockets

How do you bounce back after waiving inspections, finding out your $100K rehab costs are actually $360K, losing your earnest money deposit, and ultimately having to walk away from your […]

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Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects

Inman

The housing sector's resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie's latest monthly forecast.

Inventory 155
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What Is The FHA Rule For Handrails?

Birmingham Appraisal

Handrails: Are They Needed or Not? If you’re looking to purchase a home and you’re financing it with an FHA loan, the property will need to meet certain requirements to be approved for the loan. These requirements pertain to the handrails and porch railings of the property. In this blog post, we’ll discuss the FHA requirements for handrails and porch railings for an FHA appraisal.

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CoStar Group bucks sluggish market as revenue jumps 13% in Q1

Inman

The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023.

Marketing 154
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Will Investors With High Credit Scores Pay More Now? What The New Mortgage Rules Actually Mean

BiggerPockets

New mortgage rules set by the FHFA sent the investing community into panic. But what do these new rules actually mean?

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Plunk partnership delivers dynamic market data to SentriLock users

Inman

SentriLock, the home access technology company used by Realtors nationwide, has selected property real estate analytics company Plunk to provide users with dynamic market reports on homes scheduled for showing.

Marketing 154
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Find High-Income Properties in the Best Investment Locations

Mashvisor

Finding property investments high income locations is much more straightforward when you can access accurate data and investment tools. To invest—or not to invest? That is the question.

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These are the highest-grossing short-term rental markets of 2023

Inman

Using Airbnb's search categories and data around average daily rates, AirDNA has compiled a report showing the highest potential earning markets for short-term rental investors.

Marketing 154
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Almaden Hills Estates

San Jose Real Estate

The Almaden Hills Estates neighborhood in San Jose is tucked away by itself, nestled into the northern tip of the Santa Teresa foothills. If it weren’t for the sign at the intersection of Almaden Expressway and Winfield Boulevard, most of us might not know that this beautiful community existed at all.

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Redfin calls employees back to the office part-time: ‘No exceptions’

Inman

"Some people will quit over this decision," Redfin CEO Glenn Kelman told employees on Monday in an internal memo. "No one can say we haven’t made it deliberately.

Brokerage 155
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50 Most Expensive Towns in South Florida

Lamacchia Realty

50 MOST EXPENSIVE TOWNS IN SOUTH FLORIDA As we saw in our 2022 Year in Review Housing Report , home prices continue to rise across South Florida. The average selling price for a home hit $682,174 by year’s end, an increase of 7.5% compared to 2021. Here is a list of the most expensive towns in South Florida in 2022: 1. Golden Beach Coming in at number one is the town of Golden Beach with an average home selling price of $9,571,000.

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Glennda Baker’s recipe to shine on social media with short-form video

Inman

Watch TikTok mastermind Glennda Baker as she shares her video journey and how her passion to inspire, inform and impact agents has led to more than 1 million followers in less than three years.

Agents 148
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Slash Your Food Budget by $150+ Per Week with EASY, Healthy, and Tasty Meals

BiggerPockets

Healthy meals that taste great AND save you money? Surely, you can’t have all three! Today’s guest would beg to differ.

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How does a good return on real estate compare with other assets?

Inman

SparkRental co-founder G. Brian Davis offers his guidance on real estate investing, compared to riskier investments in stocks, bonds and crypto: Do it right and you can earn enormous returns.

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New CREA policy aims to ensure thorough and transparent home listings

Mortgagebroker News

Approach will help industry professionals get the most up-to-date property information for clients

Clients 68
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‘Know yourself’ and other top agent tips from BeCorcoran 2023

Inman

From developing a strategy based on one's strengths to merging digital and in-person connections, here are some of the top tips Corcoran agents and execs shared on Tuesday.

Agents 148
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Bank of Mom and Dad: Are Canadians still seeking downpayment assistance?

Mortgagebroker News

Home prices surged in recent years, but have fallen over the last 12 months

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BridgeMLS’s connection with Restb.ai to enhance listing input

Inman

BridgeMLS, known for forging a number of technology partnerships to better how its members do business, is now working with Restb.ai to use its computer vision-based artificial intelligence to streamline how agents input listing data.

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How is technology changing the role of mortgage professionals?

Mortgagebroker News

Lender highlights how agents and brokers can benefit from the use of tech

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How well do you know real estate? Take our trivia quiz to find out

Inman

Challenge yourself and your colleagues to see who knows the most, and discover new and interesting facts about the industry that you might not have known before.