Housing Wire
OCTOBER 9, 2023
Elevated mortgage rates continue to dampen already-pessimistic consumer housing sentiment and create affordability woes for both homebuyers and sellers. That feeling is underscored in Fannie Mae ’s latest Home Price Sentiment Index (HPSI), which decreased by 2.4 points in September to 64.5. The index tracks the housing market and consumer confidence to sell or buy a home.
Sacramento Appraisal Blog
OCTOBER 9, 2023
Are we finally starting to see more listings? Yes and no. Today I want to talk about a change we’re seeing with listings both nationally and locally. This is a really important topic, and some of it feels a bit technical because it’s about understanding new listings vs active listings. Anyway, let’s be on the […] The post Are we finally starting to see more listings?
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Housing Wire
OCTOBER 9, 2023
A coalition of housing trade groups — including the Mortgage Bankers Association (MBA), National Association of Realtors (NAR) and National Association of Home Builders (NAHB) — called on the Federal Reserve to provide market certainty about the Fed’s rate path and its plans for the mortgage-backed securities (MBS) portfolio. Ongoing market uncertainty about the Fed’s rate path has “exacerbated housing affordability and created additional disruptions for a real estate market that is already stra
Real Estate News
OCTOBER 9, 2023
NAR’s profile of brokerage businesses offers a look inside the makeup, operations and goals of firms, finding that many are still in growth mode.
Housing Wire
OCTOBER 9, 2023
A mortgage lender isn’t the first place most people would turn to for yoga, meditation or personal wellness. However, Guaranteed Rate hopes to change that with the launch of its new consumer-focused Rate App. The free app, which officially launches Tuesday, allows users to price out mortgages, personal loans and other finance products that Guaranteed Rate offers, but there’s a twist: users can also access financial, physical and mental health resources to help them “live their best lives.
Inman
OCTOBER 9, 2023
Owning multiple properties is relatively common with ultra-high-net-worth individuals. Agents should be well-versed in helping them identify and acquire secondary homes that fulfill their needs and goals.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
OCTOBER 9, 2023
In today’s competitive real estate market, high-quality and visually appealing media can make all the difference in attracting potential buyers. Unfortunately, one critical mistake with a home’s photography can come at the expense of sacrificing showings.
GoForrmz
OCTOBER 9, 2023
The GoFormz team is coming to OTEC 2023 Connect with our team in Columbus, Ohio at the Ohio Transportation Engineering Conference this October 17-18, 2023! Be sure to register for OTEC and stop by our booth #921 anytime to chat with the GoFormz team. What is OTEC? The Ohio Transportation Engineering Conference is one of the nation's largest transportation conferences.
Inman
OCTOBER 9, 2023
MBA, NAR and NAHB say uncertainty over the Federal Reserve's next moves is disrupting the housing sector and threatening to send the U.S.
BiggerPockets
OCTOBER 9, 2023
U.S. consumers are spending a lot and taking out a lot of debt. That debt is only getting more expensive. What does that mean for the economy?
Inman
OCTOBER 9, 2023
Nearly 60,000 home purchase contracts were canceled during August, according to Redfin. But real estate agents told Inman that buyer uncertainty and inexperienced new agents are to blame.
BiggerPockets
OCTOBER 9, 2023
It's perfectly fine to buy a property with existing tenants—as long as you do this. Save yourself from losing big time.
Inman
OCTOBER 9, 2023
Even as the housing market continues to cool in the face of low inventory, high interest rates and growing affordability concerns, some agents are finding ways to uncover opportunities and grow business. Others, however, are struggling to regain the momentum they had during the go-go days of recent years.
BiggerPockets
OCTOBER 9, 2023
These properties have been hammered all year long, but what's been the real driver of it? Here's what's really behind the slew of failures.
Inman
OCTOBER 9, 2023
The six-day event series is expected to bring in about 1,000 participants for events and discussions across Corcoran Sunshine's new development projects throughout New York City.
Housing Wire
OCTOBER 9, 2023
AI-generated image of two lawyers scrutinizing title insurance joint venture agreements. Image was created using MidJourney. In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. It was the genesis of a several things, Campbell said, but primarily that real estate brokers and lenders in Pennsylvania were looking for a more effective way to control the process of buying and selling homes.
Inman
OCTOBER 9, 2023
More than 8 in 10 Americans polled by Fannie Mae said it was a bad time to buy a home, and most weren't expecting mortgage rates to come down anytime soon.
BiggerPockets
OCTOBER 9, 2023
If you take these three steps, you’ll reach financial freedom. There are no gimmicks, courses to buy, or get-rich-quick schemes.
Inman
OCTOBER 9, 2023
NYC agent Nikki Beauchamp checks out advice from the "Harvard Business Review" to show that, sometimes, silence is your best option.
Listing Spark
OCTOBER 9, 2023
Are you considering selling your home without the assistance of a real estate agent? If so, you’re not alone. Many homeowners opt for the For Sale By Owner (FSBO) approach to cut costs and have more control over the sales process. In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property.
Housing Wire
OCTOBER 9, 2023
When mortgage rates blew past the 7% level earlier this year, the securitization market “froze up temporarily,” according to Doug Duncan , senior vice president and chief economist at the government-sponsored enterprise Fannie Mae. “Investors who would buy a mortgage-backed security [MBS] , which is backed by mortgages that have a 7% coupon, believe that when the Fed eases interest rates, the people with those 7% mortgages will refi,” Duncan said on Friday during the
Lamacchia Realty
OCTOBER 9, 2023
We are excited to announce that Heidi Matusik has received the Quarterly Production Award from the Mid-State Association of REALTORS®! This recognition is a result of a successful third quarter of 2023, as Heidi successfully closed over nine transactions. Heidi is the second REALTOR® to qualify for this type of distinction since Lamacchia Realty opened its first Connecticut office in Southington last December.
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