Housing Wire
JANUARY 25, 2024
Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group , better known as The Hartford, announced Wednesday that it would no longer issue new homeowners insurance policies in California starting in February 2024. The firm noted that this change would also impact The Hartford’s joint homeowners insurance program with AARP.
Real Estate News
JANUARY 25, 2024
Ryan Schneider spoke to Real Estate News about his company’s decision to settle in the commissions cases and his thoughts on NAR and the year ahead.
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Housing Wire
JANUARY 25, 2024
Data from research organizations and aging advocacy groups is clear: More older Americans want to age in place in their own homes, as opposed to living in dedicated care facilities. To get a better grasp on this preference, Chicago-based National Public Radio (NPR) affiliate station WBEZ recently featured a dedicated aging-in-place segment. WBEZ spoke with experts and community members about why more older Americans are opting to remain in their homes as they grow older.
Real Estate News
JANUARY 25, 2024
CRMLS, Bright MLS and MRED have reached an agreement with ThePLS.com over Clear Cooperation rules, leaving NAR as the only remaining defendant.
Housing Wire
JANUARY 25, 2024
The PLS.com and three of the nation’s largest multiple listing services have reached a settlement agreement in their ongoing legal battle. According to court documents filed on Wednesday, The PLS.com (the “P” stands for property and not pocket), has reached a settlement agreement with Bright MLS , Midwest Real Estate Data and California Regional Multiple Listing Service.
Real Estate News
JANUARY 25, 2024
A continued increase in mortgage applications suggests that more buyers are entering the market, but low supply could suppress activity.
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Inman
JANUARY 25, 2024
Two real estate agents with experience trading real estate with cryptocurrency were able to explain to the Inman New York audience how tokenization could very well be the answer to funding extensive commercial renovations.
Housing Wire
JANUARY 25, 2024
Mortgage rates stabilized in the past week but remain close to the narrow range observed since the start of this month. The 30-year fixed-rate mortgage averaged 6.69% as of Jan. 25, an increase from last week’s figure of 6.60%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 5.96% this week, up from 5.76% during the prior week.
Inman
JANUARY 25, 2024
Leaders from Better, Point and EasyKnock said that consumers are becoming increasingly curious about alternative financing options — but they still need agents to help guide them.
Housing Wire
JANUARY 25, 2024
Jonathon Haddad, president of Next Door Lending , will replace Katie Sweeney as the chairman and CEO of the Association of Independent Mortgage Experts (AIME). Sweeney is stepping down to become the CEO of the affiliated lobbying group Broker Action Coalition (BAC). AIME tapped a relative newcomer to the broker channel to become its CEO. Haddad joined the channel in 2020 at Next Door Lending, where he transitioned from vice president to managing partner and president.
Inman
JANUARY 25, 2024
Luxury leaders from Sotheby's International Realty, Compass and Douglas Elliman shared how luxury clients are responding to changes in the market now and how their brokerages each uniquely support agents.
Housing Wire
JANUARY 25, 2024
Finance of America Companies (FOA) Chief Marketing Officer Chris Moschner found himself working for the lender in the wake of its acquisition of American Advisors Group (AAG), and Moschner previously told RMD about his journey to the position and the “intoxicating” opportunity he sees in the reverse mortgage space. But that space is also facing a series of challenges including lower origination volume, high interest rates and liquidity challenges.
Inman
JANUARY 25, 2024
Listing Toolkit, a new subscription-based solution from Realtor.com, helps agents stand out from the competition, quickly turn motivated sellers into clients and find the right buyer easily.
Housing Wire
JANUARY 25, 2024
California-headquartered LoanSnap was hit with a temporary order to cease and desist from Connecticut’s Department of Banking for “systemic” unlicensed mortgage loan origination activity. Connecticut Banking Commissioner Jorge Perez alleged that LoanSnap violated the Truth in Lending Act (TILA) and Fair Credit Reporting Act (FCRA). But the crux of the commissioner’s findings focuses on unlicensed origination activities.
Inman
JANUARY 25, 2024
The portal executive also declared that she didn't think the "Your Listing, Your Lead" approach of Homes.com serves either agents or consumers well.
Housing Wire
JANUARY 25, 2024
Nonqualified mortgage (non-QM) wholesale lender A&D Mortgage has obtained licenses to originate loans in Arkansas and Mississippi, the company announced on Thursday. “This expansion is not only about growing our business; it’s about wholeheartedly bringing A&D Mortgage’s unwavering commitment to top-notch service, highly competitive rates, and tailored loan solutions to more Americans,” Max Slyusarchuk, CEO of A&D Mortgage, said in a statement.
Inman
JANUARY 25, 2024
At ICNY, proptech leaders Eileen Romito, Derek Hooper and Catharine MacIntosh explained how cumbersome MLS rules led to the rule of real estate portals, and what can be done to take the power back.
Eyes on Housing
JANUARY 25, 2024
The U.S. economy grew at a surprisingly strong pace in the fourth quarter, mainly fueled by resilient consumer spending. However, the fourth quarter data from the GDP report suggests that inflation is cooling. The GDP price index rose 1.5% for the fourth quarter, down from a 3.3% increase in the third quarter. The Personal Consumption Expenditures (PCE) Price Index, which.
Inman
JANUARY 25, 2024
CRMLS, Bright MLS and MRED told the U.S. District Court of the Central District of California's Western Division they had reached a deal "in principle" with ThePLS.com.
Eyes on Housing
JANUARY 25, 2024
Housing’s share of the economy rose to 16.0% at the end of the fourth quarter of 2023. Overall GDP increased at a 3.3% annual rate, following a 4.9% increase in the third quarter of 2023, and a 2.1% increase in the second quarter of 2023. The annual GDP growth in 2023 was reported at 2.5%. Housing’s share of GDP on.
Inman
JANUARY 25, 2024
Glennda Baker was called out on Instagram for her “talking head” style video content by a person who said the new way to share your brand is artificial intelligence-generated animations.
Housing Wire
JANUARY 25, 2024
If you’re a new broker or team leader you might not realize just how competitive recruiting was in 2023. The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. Throw in the recent explosion of boutique brokerages, teams, and “teamerages” and a study that showed an astounding 70% of agents reported five or fewer sales, and even the best recruiters probably ended up with agents that brought in little
Inman
JANUARY 25, 2024
On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024 and revealed he takes public transit around New York.
BiggerPockets
JANUARY 25, 2024
If you want to start investing in real estate, you’ll need to know how to get a mortgage.
Inman
JANUARY 25, 2024
Frances Katzen and Courtney Poulos spoke with moderator Dana Cadena about the importance of buyer representation, challenges to professionalism in the industry and more during an ICNY panel on Thursday.
Mortgagebroker News
JANUARY 25, 2024
Continuing rate freeze indicates commitment to rein in economic volatility and sticky inflation levels, analysts say
Inman
JANUARY 25, 2024
While who's responsible for the absence of a true end-to-end remains up for debate, four real estate and proptech executives found common ground on the fact that AI is "what's next" for the industry at Inman Connect New York.
Mortgagebroker News
JANUARY 25, 2024
Central bank unlikely to start cutting rates before June or July, according to top economist
Inman
JANUARY 25, 2024
The platform will be rolled out to more than 85,000 real estate agents in the coming weeks through an integration with BeachesMLS, MLSListings and REcolorado, it was announced this week.
Mortgagebroker News
JANUARY 25, 2024
The market may still be slow – but there's plenty of ways to carve out business, says broker
Inman
JANUARY 25, 2024
Since 2013, the team has sold more than $800 million in transactions. They were drawn to Douglas Elliman for its company culture and opportunities in new development.
BiggerPockets
JANUARY 25, 2024
By the time you finish this episode, you’ll be ten thousand dollars richer.
Inman
JANUARY 25, 2024
Sarah Friar, speaking at ICNY 2024, shares her take on how agents can use the neighborhood-level social media platform to excel in business and community.
Mortgagebroker News
JANUARY 25, 2024
Urbanation president outlines the most significant current market challenge
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