Housing Wire

MARCH 13, 2024

A decline in interest rates buoyed mortgage demand for another week. Mortgage applications increased by 7.1% on a seasonally adjusted basis during the week ending March 8, according to the Mortgage Bankers Association ’s (MBA) weekly mortgage applications survey. It was the second increase in a row. “Mortgage rates dropped below 7% last week for most loan types because of incoming economic data showing a weaker service sector and a less robust job market, with an increase in the unemployment ra

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Mortgage Retail Government Marketing 450

Real Estate News

MARCH 13, 2024

A Coldwell Banker survey found a big increase in the number of sellers willing to move to another city or state as price considerations now outweigh location.

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Sellers 269

Housing Wire

MARCH 13, 2024

Amid escalating climate concerns , Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. Realtor.com is leveraging data from First Street , a climate technology company, and will offer three new risk factor scores — heat, wind and air — to complement existing fire and flood assessments.

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Tools Insurance Home Value Technology 441

George Dell

MARCH 13, 2024

Transaction costs are added to every property transaction. Is this add-on a fair addition to the fundamental, intrinsic value a buyer gets? Is it part of the value of the home? Or is it something else? Is this a public policy issue? Is it an appraisal issue? And, is it yet one more question about […] The post Creepy Transaction Creep? appeared first on George Dell, SRA, MAI, ASA, CRE.

Buyers 195

Buyers Appraisal Market Value Marketing 195

Housing Wire

MARCH 13, 2024

Luxury Realty Group , a subsidiary of Luxury Realty Group Holdings , launched the beta testing for its conversational AI services website vuHome.ai, the company announced on Tuesday. The product will be available across its brokerage operations in Las Vegas. Luxury Realty Group’s clients will be able to interact orally with an avatar, listing the criteria of their home of choice, with the platform subsequently generating tailored listings to match these preferences.

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Realty Brokerage Real Estate Clients 441

Real Estate News

MARCH 13, 2024

Buyers can see heat, wind and air quality ratings in addition to the existing flood and wildfire ratings, which can “help reduce surprise costs.

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Buyers 258

Real Estate News

MARCH 13, 2024

In a new compensation report, eXp said it paid agents and brokers nearly $198 million in revenue share and $34.7 million in EXPI shares.

Agents 221

Agents 221

Housing Wire

MARCH 13, 2024

Good news: The national economy is growing, unemployment is low and corporate revenues are up. For housing and mortgage professionals, however, these apparent boons spell trouble. They signal that economy is still running hot — or at least more than lukewarm — and that inflation may still need more cold water from the Federal Reserve to slow down. The cold water comes in the form of the Fed continuing its presently high federal funds rate, which indirectly produces higher mortgage rates.

Housing Market 441

Housing Market Real Estate Mortgage Government 441

Inman

MARCH 13, 2024

Brittany started out as an assistant at The Agency when it first opened its doors in 2011 and is now one of the firm's most rock-solid agents. She said her family's connections and her own work ethic have helped shape her career.

Real Estate 187

Real Estate Agents Open Houses Brokerage 187

Housing Wire

MARCH 13, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate is a vibrant, dynamic and competitive industry. From the thrill of a sale to the pursuit of new leads, it keeps you on your toes. That said, it can also be incredibly isolating, and it can be hard to stay motivated.

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Real Estate Real Estate Agent Agents Training 432

Inman

MARCH 13, 2024

The sheriff has been ordered to arrest a landlord twice named worst in New York City and bring him to Rikers Island for up to 60 days over hundreds of building violations.

Landlords 187

Landlords 187

Housing Wire

MARCH 13, 2024

The presiding judge in the bankruptcy case involving Reverse Mortgage Investment Trust (RMIT) — the parent company of former leading reverse mortgage lender Reverse Mortgage Funding (RMF) — has approved a request to transfer the company’s bankruptcy status to Chapter 7 from its current Chapter 11 status. This is according to court documents reviewed by RMD.

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Investing Business Mortgage 431

Inman

MARCH 13, 2024

The climate’s toddler-like, harder-than-ever-to-predict behavior is having a measurable impact on the housing market, a reality that led to Realtor.com partnering with First Street, a non-profit organization that provides data and critical resources on climate change.

Housing Market 184

Housing Market Marketing Technology 184

Housing Wire

MARCH 13, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads.

Real Estate Agent 421

Real Estate Agent Tools Real Estate Agents 421

Inman

MARCH 13, 2024

The high-profile luxury agent has worked with Douglas Elliman since 2021 and served as a longtime agent with Rodeo Realty before that. He will now align with Compass’s Beverly Hills office.

Realty 180

Realty Agents Brokerage 180

Housing Wire

MARCH 13, 2024

Guild Mortgage released its fourth-quarter and full year 2023 earnings report this week, showing that it narrowed its focus on purchase originations and increased its market share on the forward lending side, but it still sustained a loss. After its acquisition last year of Cherry Creek Mortgage , Guild increased its involvement in the reverse mortgage industry due to Cherry Creek’s well-developed reverse lending apparatus.

Mortgage 421

Mortgage Lending Retail Investing 421

Inman

MARCH 13, 2024

New Inman contributor Anita Legacy Blue, president of the 2024 LGBTQ+ Real Estate Alliance, writes that despite a move away from corporate DEI, real estate can't afford to move backward.

Real Estate 180

Real Estate Brokerage Agents 180

Eyes on Housing

MARCH 13, 2024

As examined in a previous post, homeownership plays an integral role in a household’s accumulation of wealth. This article further discusses the role of homeownership and examines the difference between homeowner and renter household balance sheets across assets, debt, and net worth. Households who own a primary residence (homeowners) build primary residence equity, while renters.

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Inman

MARCH 13, 2024

Purchase loan applications surged for the second week in a row last week, but now rates are headed back up as worrisome inflation data casts doubts on timing of Fed rate cuts.

Mortgage 176

Mortgage Marketing 176

Eyes on Housing

MARCH 13, 2024

According to the 2023 fourth quarter release of the Federal Reserve Z.1 Financial Accounts of the United States , the market value of household real estate assets fell from $45.21 trillion to $44.84 trillion in the fourth quarter of 2023. Over the year, household real estate assets were 5.28% higher. Between the third and fourth.

Market Value 78

Market Value Real Estate Marketing 78

Inman

MARCH 13, 2024

Real estate agents are optimistic their client pipelines will improve from last year's lows — but it may take longer than hoped, according to shifting sentiments in the latest Inman Intel Index.

Agents 175

Agents Real Estate Agent Buyers Real Estate 175

BiggerPockets

MARCH 13, 2024

U.S. News released its annual list of the hottest real estate markets for the year. Here's a look at what's included and our take on the rankings.

Real Estate 85

Real Estate Marketing Investing Housing Market 85

Inman

MARCH 13, 2024

A lack of focus, prioritization and patience can undermine your best ideas and keep them from coming to fruition, writes marketing expert Molly McKinley.

Marketing 180

Marketing Brokerage Agents 180

BiggerPockets

MARCH 13, 2024

The cost of living has been rising steadily over the last several decades, especially with inflationary pressures over the past couple of years. At this rate, is it easier to invest in U.S. real estate from overseas? The answer might surprise you.

Real Estate 78

Real Estate Investing Marketing 78

Inman

MARCH 13, 2024

The San Diego-based lender has completed five acquisitions in the past 18 months, unfazed by a 21 percent drop in mortgage originations and $39.1 million 2023 net loss.

Mortgage 164

Mortgage 164

Lamacchia Realty

MARCH 13, 2024

Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members who work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.

Realty 73

Realty Brokerage Agents Realtors 73

Inman

MARCH 13, 2024

Members of multiple listing service Midwest Real Estate Data (MRED) will have enhanced, collaborative functionality with clients and listings in the mobile environment because of a partnership with business app Zenlist.

Real Estate 169

Real Estate Clients Business Technology 169

BiggerPockets

MARCH 13, 2024

Warren Buffett's annual letter to investors has painted an interesting picture of the housing market: Utilities are down, but insurance is up. What does that mean for the market at large?

Insurance 70

Insurance Business Investors Housing Market 70

Inman

MARCH 13, 2024

A fiscal watchdog also released a report warning that Chicago leaders may not have studied the issue thoroughly before putting it on the March 19 ballot.

Realtors 164

Realtors Real Estate Marketing 164

BiggerPockets

MARCH 13, 2024

Welcome to the “redemption year” for real estate investing. We talk a lot on this show about the real estate deals being done all across the country.

Development 76

Development Real Estate Investing Marketing 76

Inman

MARCH 13, 2024

DivvyUp is a mobile-first software solution for helping aspiring homebuyers understand what goes into saving for a down payment.

Technology 175

Technology 175

BiggerPockets

MARCH 13, 2024

As inflation continues to eat away at buying power, have the standards for optimal savings changed? And how much do you need to save for emergencies?

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Mortgagebroker News

MARCH 13, 2024

Leading economist says latest statement underscores need for market patience

Marketing 77

Marketing 77

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. “Before, insurance was kind of an afterthought. It was just a box to check off,” said Paul Scalone, a San Diego-based Compass agent and the owner of Dignified Insurance Services.

Real Estate Agent 458

Real Estate Agent Insurance Real Estate Agents 458