Housing Wire
MAY 18, 2023
Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. Why is this so important to me? If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. I would say it’s savagely unhealthy to have that level and even though we’re not there yet, we are dangerously close.
Real Estate News
MAY 18, 2023
eXp snags 200-person team; E&V expands to D.C. and Sarasota; The Agency opens in Indianapolis; Christie's launches in Puerto Rico; Real gains VA and FL teams.
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Housing Wire
MAY 18, 2023
Despite a marked improvement from the fourth quarter of 2022, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks still lost a mountain of money in the first quarter. On average, IMBs reported a net loss of $1,972 on each loan originated from January to March, a 35% improvement from the reported loss of $2,812 per loan in the fourth quarter of 2022, according to the Mortgage Bankers Association (MBA).
Real Estate News
MAY 18, 2023
The 30-year fixed-rate mortgage has teetered between about 6.3-6.4% in recent weeks, a possible sign that rates are leveling out.
Housing Wire
MAY 18, 2023
Existing home sales declined yet again in April, according to a report from the National Association of Realtors (NAR), released Thursday. After posting a surprise 14.5% monthly increase in February , existing home sales were back down again in March , a trend that continued into April, with existing home sales posting a 3.4% monthly decline to a seasonally adjusted annual rate of 4.28 million.
Real Estate News
MAY 18, 2023
Home sales surged in February after a year of declines, but the momentum didn't last long. After dropping in March, sales dipped further in April.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
MAY 18, 2023
Sisu, a proptech that combines sales cycle and workflow automation with performance tracking technology, said Client Portal 2.0 aims to refine how agent teams interact with critical vendors.
Housing Wire
MAY 18, 2023
America is strongest when her people are strong. Therefore, when considering policy to improve our nation, we should always incentivize striving with an emphasis on equality of opportunity, understanding that a rising tide lifts all boats. In my role as president of the Jack Kemp Foundation , I moderated an “Innovations in Affordable Housing” webinar.
Inman
MAY 18, 2023
Using automated outreach and qualification workflows, Humaniz removes the manual, repetitive tasks to shrink the process and allow business managers to merely decide from a system-delivered list of sound candidates, the company said.
Housing Wire
MAY 18, 2023
Did you know Logan Mohtashami — the chart guy — got his professional start working as a pizza boy? From serving delicious food to serving career-changing mortgage data like no one else can, Mohtashami is a force to be reckoned with. Twitter trolls beware. Mohtashami, lead analyst at HousingWire, will share his chart-powered wisdom at HousingWire Annual 2023 through his keynote, “Making Sense of Wild Housing Data for 2023.
Inman
MAY 18, 2023
On May 8, Gov. Ron DeSantis signed Senate Bill 264. The new law restricts real estate purchases in the state by citizens of China, Russia, Iran, North Korea, Cuba, Venezuela and Syria.
Housing Wire
MAY 18, 2023
The Association of Independent Mortgage Experts (AIME) called on the NMLS policy committee to make it a requirement for every state to adopt a broker-specific license option amid the committee seeking feedback on a proposal to adopt a standardized approach for the mortgage industry licensing. The NMLS does not require mortgage brokers to provide audited financials to the agency every year, but there are 18 states that don’t have broker-specific licenses.
Inman
MAY 18, 2023
You might know Bre Tiesi from headlines about her son with Nick Cannon or her ex, Johnny Manziel, but right now she's focused on shaking up the Selling Sunset cast. Get the Real Tea on Bre Tiesi and her first season at The Oppenheim Group.
Housing Wire
MAY 18, 2023
FormFree , a leading provider of mortgage lending technology , announced on Wednesday that it has appointed Jonathan Nahil as its new chief technology officer (CTO). Nahil brings to the role over 20 years of experience as a software architect and leader of development teams in renowned technology organizations. “I’ve helped organizations break the status quo with innovative technologies, and I look forward to helping FormFree do just that with products that enable lenders to support
Inman
MAY 18, 2023
From voting to raise membership dues to requiring fair housing training to learning best practices for artificial intelligence, Realtors are steering their own fate in the industry.
Housing Wire
MAY 18, 2023
Denver, Colorado-based Incenter Mortgage Advisors (IMA) on Thursday announced the launch of a new digital mortgage servicing rights exchange. The marketplace, known as eMSR Exchange, connects buyers and sellers of co-issue flow offerings online and provides pricing 24/7. Co-issue loan sales, also known as flow-based mortgage servicing rights sales , are three-way transactions involving the sale of loans to one of the agencies, with a simultaneous sale of the MSRs to a separate third party.
Inman
MAY 18, 2023
The company set the standard for easy digital advertising campaigns for real estate agents and brokerages, using retargeting and fast onboarding to place agents across the internet.
Appraiserblogs
MAY 18, 2023
The idea of unlicensed individuals being hired off the streets and paid a pittance to video and photograph the interiors of borrowers’ homes, which would include the exact location of valuables and children’s bedrooms, has been unsettling to some. An astute real estate broker recognized the name of a Michigan man awaiting sentencing in an armored-car robbery.
Inman
MAY 18, 2023
The National Asian American Coalition said only a small percentage of the counseling sessions it billed California $12 million for was actually provided.
Riverfront Appraisals
MAY 18, 2023
So this may be a slight break from the norm, as it’s not an actual FAQ that we get, but the spirit is there. I get asked questions or hear statements like the ones we’ll cover today, all the time. And it got me thinking recently: homeowners are applying what they think is human logic […] The post FAQ # 18: Why Don’t Appraisals Follow Common Sense?
Inman
MAY 18, 2023
A sense of team spirit between staff and agents boosts morale and makes clients feel like they have more resources at their disposal, according to The Agency's Rainy Hake Austin.
Empire Appraisal Group
MAY 18, 2023
City Wants to Boot 6 Emotional Support Chickens NEWS & MEDIA Credit: U.S. Dept. of Agriculture Source: City Wants to Boot 6 Emotional Support Chickens | Florida Realtors City Wants to Boot 6 Emotional Support Chickens A Michigan city claims six chickens can’t qualify as emotional-support animals, but a federal judge said “maybe” – and that only a jury can decide.
Inman
MAY 18, 2023
Whether you're reaching out to current or past clients or cultivating new leads, authenticity and human connection are essential, writes The Agency's Mauricio Umansky.
Lamacchia Realty
MAY 18, 2023
The Boston Business Journal has again named Lamacchia Realty to its exclusive Fast 50 list, representing the 50 fastest-growing private companies in Massachusetts. Every year, the Fast 50 companies are selected and ranked based on revenue growth from the past four years; this year was 2019-2022. Boston Business Journal’s research department then analyzes those numbers methodically.
Inman
MAY 18, 2023
Video is the most impactful place for you to spend your marketing dollars. Jimmy Burgess helps you ensure you're doing it right with five types of video designed to get you noticed.
BiggerPockets
MAY 18, 2023
Applying for a loan? These 10 terms will be useful to know when you start your negotiations.
Inman
MAY 18, 2023
Check out the earnings-related news to see how your brokerage or favorite real estate-related investment fared in the first three months of 2023.
BiggerPockets
MAY 18, 2023
Early retirement is possible for almost anyone, no matter where you start or how much you make.
Inman
MAY 18, 2023
The founder and chairman of Equity Residential had interests spanning real estate, manufacturing, healthcare and media, among other sectors.
Mortgagebroker News
MAY 18, 2023
'Nearly all' mortgages will see payments increase by 2026 – but most households should cope
Inman
MAY 18, 2023
Watch the new Inman Access classes and learn the essentials for breaking into the luxury market and the importance of creating community.
Mortgagebroker News
MAY 18, 2023
The province has established procedures on seizing properties connected to suspected crime
Inman
MAY 18, 2023
To drive growth and profitability, writes Eric Bramlett, it's important to keep your eye on the bottom line, and these numbers will help you do just that.
Mortgagebroker News
MAY 18, 2023
The housing market has "seen a floor" in terms of prices, Alta West Capital exec says
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