Housing Wire

JULY 10, 2023

The decline in mortgage volume and increasing interest rates mean that mortgage businesses are working to preserve their bottom lines, often by cutting costs. For many, this has meant layoffs and job cuts — in fact, almost every major mortgage lender cut a portion of their staff last year. As time goes on and uncertainty about the rest of the year remains, more mortgage professionals may find themselves updating their LinkedIn status to “Open to Work” and determining their strategy for the job h

Mortgage 370

Mortgage Business Retail Marketing 370

Real Estate News

JULY 10, 2023

Every agent knows there's more to the job than pulling comps and showing homes. But sometimes closing a deal takes an exceptional level of service.

Agents 225

Agents Clients 225

Housing Wire

JULY 10, 2023

Mortgage rate volume climbed 31% in June, according to the latest report from Mortgage Capital Trading. That figure, which is based on actual locked loans, came after a 15% drop in May’s total lock production. Mortgage rates in June were generally in the 6.7% range. “We saw originations towards the end of May slow down, so this is likely a summertime pickup in originations,” said Andrew Rhodes, senior director and head of trading at MCT. “Rates, housing supply, and afford

Mortgage 295

Mortgage Housing Market Marketing Business 295

Eyes on Housing

JULY 10, 2023

Data obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, show that the rising trend of two or more stories homes continued in 2022. Although the overall share remained virtually unchanged, the share of two or more stories homes started construction was greater than one story homes in 2022. Nationwide, the share of new homes.

Construction 179

Construction 179

Housing Wire

JULY 10, 2023

A divesture of Black Knight ‘s product and pricing engine unit Optimal Blue is a feasible path to guarantee the merger deal with Intercontinental Exchange Inc. (ICE), Keefe, Bruyette & Woods (KBW) said in a note issued ahead of the federal preliminary injunction ruling expected later this month. “While we recognize that Optimal Blue is a high-quality asset, we do not believe it is a necessary component of the deal, particularly when considering ICE’s potential ability to bu

Valuation 284

Valuation Mortgage Buyers Marketing 284

Inman

JULY 10, 2023

As a luxury real estate agent and global real estate adviser, the nomads that Laura McCarthy is most interested in, and who she encounter most commonly, are ultra-high net-worth individuals whose expansive portfolios include multiple properties.

Real Estate 120

Real Estate Real Estate Agent Agents 120

Inman

JULY 10, 2023

Ahead of Inman Connect Las Vegas, Align Real Estate founder Tiffany Pantozzi told Inman she concealed her pregnancy last year out of fear clients would discount her ability to juggle the work.

Real Estate 120

Real Estate Clients Real Estate Agent Agents 120

GoForrmz

JULY 10, 2023

“ There’s no way we could have done this all on pen and paper. We would have had to hire so much admin staff, it would have taken a lot of bodies to cover the same amount of workload. ” — Andrew Balavage, North Idaho Construction Services Manager, Budinger & Associates About Budinger & Associates Operating since 1976, Budinger & Associates specializes in geotechnical engineering, environmental engineering, exploratory drilling, laboratory analysis, construction materi

Construction 78

Construction Inspection Design Business 78

Inman

JULY 10, 2023

Agents with five or fewer sales a year took in an estimated 25-30 percent of all commission income in three disparate markets, according to an analysis of MLS data by the Consumer Federation of America.

Agents 114

Agents Marketing Realtors Brokerage 114

Lamacchia Realty

JULY 10, 2023

WHAT TO DO IF THE HOME YOU'RE BUYING HAS DEFECTIVE DRYWALL If you’re in the process of buying a new home , it is crucial to familiarize yourself with the potential of toxic drywall within the property, and the next steps to take. The presence of this harmful construction material can lead to a range of issues from the quality of the property to the health of its inhabitants.

Inspection 68

Inspection Realty Agents Sellers 68

Inman

JULY 10, 2023

The federal government is investigating Flannery Associates, an entity that has scooped up more than 80 square miles of land near Travis Air Force Base in California without disclosing who owns it.

Government 114

Government Buyers Investing Investors 114

Mashvisor

JULY 10, 2023

NOI and cap rate are used to analyze the profitability of real estate investment. Read to learn how NOI/cap rate work and how to calculate them.

Real Estate 68

Real Estate Investing Tools Investors 68

Inman

JULY 10, 2023

“Social media is the modern billboard for any business. It presents unique opportunities for real estate professionals to promote their knowledge and services, while showcasing their personality to stand out among others,” says Abby Lee, RE/MAX Vice President of Marketing and Communications.

Modernization 114

Modernization Real Estate Business Marketing 114

Mortgagebroker News

JULY 10, 2023

Additional requirements for Ontario agents dealing in private mortgages came into effect this year. Are more on the way?

Agents 65

Agents Mortgage 65

Inman

JULY 10, 2023

Even though there are different opinions on how to use hashtags, one thing is certain: When used properly, hashtags can greatly increase your social media engagement and visibility, writes marketing expert Laura Viñalet.

Marketing 113

Marketing Agents 113

Mortgagebroker News

JULY 10, 2023

The future of the mortgage industry in Canada is looking bright, due to these CMP Rising Stars 2023.

Mortgage 66

Mortgage 66

Inman

JULY 10, 2023

Seventy-four percent of sellers want to sell as quickly as possible, while 58 percent say receiving a cash offer is important. Opendoor is the missing link in that equation—creating simple and certain cash transactions for agents and your clients.

Agents 113

Agents Sellers Clients 113

BiggerPockets

JULY 10, 2023

Want a zero percent interest rate and a paid-off seven-figure property? What about a quick fix and flip that’ll net you six figures in profits?

Real Estate 57

Real Estate 57

Inman

JULY 10, 2023

We often see familiar faces on the stages and pages of the real estate industry. How did they get there? How do these leaders shape their culture, their products, and their vision for the future? Jon Krabbe, CoFounder of Agent Image, shares his experience and approach to shaping a successful company.

Agents 113

Agents Real Estate 113

Mortgagebroker News

JULY 10, 2023

GoMax Mortgage Broker CRM simplifies workflows by using automated marketing features.

Mortgage 68

Mortgage Marketing 68

Inman

JULY 10, 2023

The $41 million transaction is merely the most recent in a string of deals by philanthropist Julia Koch, who also purchased a pair of Upper East Side apartments last year from the estate of Paul Allen.

113

113

Mortgagebroker News

JULY 10, 2023

The company's annual interest expense is being reduced by over $1 million

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63

Inman

JULY 10, 2023

How important are hashtags on Instagram? How do you use hashtags on Instagram? Let Sue "Pinky" Benson guide you on how to teach Instagram where your content should be going.

Agents 113

Agents Marketing 113

Mortgagebroker News

JULY 10, 2023

That's despite the unemployment rate rising for the second straight month

Marketing 63

Marketing 63

Inman

JULY 10, 2023

Forget the jargon and hype, and use these terms to get to next-level marketing prowess, writes broker-owner Eric Bramlett. Here are the metrics that truly move the needle.

Agents 113

Agents Marketing Brokerage 113

Mortgagebroker News

JULY 10, 2023

The company's annual interest expense is being reduced by over $1 million

62

62

Inman

JULY 10, 2023

Rentec Direct, a property management software firm, uses OpenAI's ChatGPT to help clients quickly draft marketing content for available rentals, according to the company.

Property Management 113

Property Management Marketing Clients Real Estate 113

Mortgagebroker News

JULY 10, 2023

The central bank is scheduled to reveal its next decision on Wednesday

Housing Market 61

Housing Market Marketing 61

Inman

JULY 10, 2023

Have you heard about the new app Threads? Jessi Healey explains why you should think about joining now while it's still the hot new thing in social media.

Real Estate Agent 113

Real Estate Agent Real Estate Agents Technology 113

BiggerPockets

JULY 10, 2023

These 5 counties saw the highest year-over-year gains in price. You might be surprised by what number one is.

Housing Market 58

Housing Market Marketing 58

Lamacchia Realty

JULY 10, 2023

THE BEST HOME SIDING OPTIONS IN FLORIDA Home Siding and Exterior Maintenance While you may have some familiarity with the common types of Florida home styles , you might still have some uncertainties about the different types of siding options, and which ones are better. Choosing the right siding for your property is a crucial decision, as it not only improves the overall curb appeal but also provides protection against this region’s varying weather conditions.

Modernization 41

Modernization Realty Design Realtors 41

Houston Properties

JULY 10, 2023

Turning an old home into a marketable property needs careful thought. This guide provides insights for your first venture in a Houston Fixer Upper.

Marketing 36

Marketing 36

Housing Wire

JULY 10, 2023

As the spring homebuying season comes to an end, there are distinct signs of the housing market reheating from a home price perspective. The lack of inventory drove home prices up, challenging potential buyers, Black Knight pointed out in its monthly mortgage monitor report. The reheating is widespread with more than half of the 50 largest U.S. markets seeing prices at or above 2022 peaks.

Inventory 397

Inventory Housing Market Sellers Marketing 397

PennyMac

JULY 10, 2023

There are many incremental tasks to complete as you prepare to sell your home, but a successful transaction starts with looking at the big picture. Before you take a single interior photo or begin painting your trim, it’s crucial you take a moment and assess your situation properly. Are you emotionally ready to sell your home? Will you use a real estate agent?

Real Estate Agent 36

Real Estate Agent Real Estate Agents Buyers 36