Tue.Mar 21, 2023

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Keeping Current Matters hires George Ratiu as chief economist

Housing Wire

Keeping Current Matters (KCM) announced Tuesday that George Ratiu, formerly the manager of economic research at Realtor.com , has joined the company as chief economist. Ratiu has more than 15 years’ experience tracking the U.S. economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. before joining Realtor.com in 2021 where he led a team covering broader economic trends, housing activity and consumer issues.

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The housing market is a mixed bag

Sacramento Appraisal Blog

The housing market is a mixed bag. It’s not always easy to understand what the market is doing right now. Today I have some thoughts about prices, Zestimates, and cash buyers. Scroll by topic or digest slowly. UPCOMING (PUBLIC) SPEAKING GIGS: 3/24/23 How to Think Like an Appraiser (at SAR) 3/28/23 Downtown Regional MLS meeting 4/1/23 NAA […] The post The housing market is a mixed bag first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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Existing home sales rise for the first time in a year

Housing Wire

After 12 months of declines , existing home sales rebounded in February, climbing 14.5% month over month to a seasonally adjusted annual rate of 4.58 million homes, according to a report from the National Association of Realtors (NAR) released Tuesday. February’s month-over-month increase is the largest monthly percentage increase recorded since the 22.4% monthly gain reported in July 2020.

Inventory 357
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Creating Value vs Making Money

The Appraiser Coach

Today I’d like to share a principle with you that has changed my perspective. The principle is this: money is a tool. You could just stop reading right there. After.

Tools 195
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Daily AI mortgage CRM company rebrands to Aidium

Housing Wire

Mortgage CRM company Daily AI has rebranded to Aidium Mortgage CRM and launched a new CRM product , the company announced on Monday. The company’s research and analysis suggested that a rebranding, which includes updates to core products, the company’s website, marketing and communications, will represent its goals and solutions for the mortgage industry, according to a statement from the company. “We understand the challenges that mortgage lenders face, and we’re committed to

Mortgage 310
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Home sales way up in February, but spring numbers could dip

Real Estate News

NAR reported a big jump in existing home sales from January to February, though sales and prices are down compared to a year ago.

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Tech 200: Moving closer to real estate’s 'holy grail'

Real Estate News

T3 Sixty’s assessment of who's leading in real estate tech includes 241 products from 78 companies.

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Existing Home Sales Surged in February

Eyes on Housing

A brief drop in mortgage rates and a pullback in home prices boosted existing home sales in February, according to the National Association of Realtors (NAR). The 30-year mortgage rates averaged less than 6.3% in February per Freddie Mac and the median sales price in February posted the first decline since February 2012. The monthly increase in sales ended a.

Realtors 184
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RentSpree adds realMLS to its growing list of partners

Inman

Technology company RentSpree has partnered with Jacksonville, Florida's, realMLS to empower agents in the rental business, the company exclusively told Inman.

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What’s New in Appraisal Membership: March 2023

McKissock

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant info to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership?

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Falling existing-home sales reverse as record-streak of price hikes end

Inman

Existing-home sales surged 14.5 percent in February, reversing a yearlong trend of falling transactions from one month to the next, according to data released Tuesday by the National Association of Realtors.

Realtors 140
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What is the Role of Market Trends in a Real Estate Appraisal?

Birmingham Appraisal

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. Real estate appraisers are tasked with determining the market value of a property, and they need to be aware of the current market trends to provide reliable market value opinions.

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Flipping houses is dead. Today’s hot new strategy is ‘house hacking’

Inman

"America’s #1 Money Mentor" and HGTV’s Chris Naugle sits down with Bernice Ross in this video interview to give the inside scoop on the hottest investment strategy for today's market.

Investing 136
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Latest Innovations and Trends in Home Building

Eppraisal

What is the American Dream if not a house and a yard at which to raise a family and enjoy the fruits of one's hard work? News outlets and policy makers talk much of how to make that dream more affordable for people. Meanwhile, realtors take pains to stage houses so that each one represents the dream. Lost in the shuffle, though, are those who erect the houses through the optimal combination of materials and labor.

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E&V CRM launch empowers Engel & Völkers Americas

Inman

Real estate brokerage Engel & Völkers is rolling out a significant technology effort for its Americas operation offices and agents with the help of software company Chime, Engel & Völkers exclusively told Inman.

Brokerage 126
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Mortgage fraud in Canada – how it's evolving

Mortgagebroker News

Title insurance president, Toronto police detective discuss big changes in types of real estate crime

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17 must-follow real estate experts on Twitter who’ll help you level up

Inman

These powerhouse real estate experts share their knowledge freely on Twitter, taking on real estate topics as well as marketing, operations and other business topics, which you can learn from and implement in your own business.

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Canada inflation rate hits 13-month low

Mortgagebroker News

Annual price growth is now at its lowest level since January 2022

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Creative financing rules as investors head into spring with fewer options

Inman

Real estate investors are heading into spring facing the same inventory and interest rate woes that are dampening all of real estate. But sometimes necessity is the mother of invention.

Investors 119
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Analysis: Canadian banks are relatively insulated from global crisis in confidence

Mortgagebroker News

Funding levels in the Big Six remain robust, according to a new report

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Software vendors gear up to support appraisal-free mortgages

Inman

Starting April 15, Fannie Mae says more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property.

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BMO: Economic slowdown appears unavoidable

Mortgagebroker News

A "mild downturn" is in the cards for 2023, banking giant says

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KW franchisees accuse Gary Keller of ‘illicit tactics’ in new lawsuit

Inman

Market center owners Colleen and Bart Basinski claim Keller Williams CEO Gary Keller and others targeted them after they resisted market cap policies and supported ex-CEO John Davis.

Marketing 115
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How should a mortgage professional approach building relationships with lenders?

Mortgagebroker News

"Know that we need them just as much as they need us for our business"

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How do you write a killer real estate bio? Start here

Inman

Marketing yourself and your business starts with your bio. Part 2 of this 5-part series shares what to write and how to ensure you look your best.

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Fannie Mae approves six vendors for appraisal alternative

Clear Capital

Written by Brad Finkelstein Fannie Mae has approved six service providers for its Value Acceptance + Property Data appraisal alternative announced at the start of March. The six are: Accurate Group; Black Knight subsidiary Collateral Analytics ; Class Valuation; Clear Capital; Mueller Services; and Solidifi. Each had participated in Fannie Mae’s pilot program and offer field services, a handheld scanning map, application programming interface integration and/or hybrid appraisals.

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How to overcome your emotional insecurity about Instagram

Inman

Find out how to get over your fears and show up as your authentic self on social media so that you can make more connections.

Marketing 117
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New Wire Fraud Scheme Exploits Virtual Meetings

Will Springer Realtor

I have written nearly 400 blog posts and dozens of monthly newsletters on residential real estate, and no topic is higher in priority than the one that covers the risks of losing money to criminals. Since this blog began in 2018, I have published five stories on real estate-related fraud and because of an increase in criminal activity, this is now No. 6.

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SFARMLS launches listing management app for 4,000+ agents

Inman

The San Francisco Association of Realtors and Zenlist have partnered to build a mobile listing management app for agent members.

Agents 99
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2023 budget – How much will it focus on housing?

Mortgagebroker News

Finance Minister has offered early hints

Finance 65
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3 Best Property Investment Opportunities in 2023

Mashvisor

Real estate is one of the lucrative ways to invest in 2023. But what are the best property investment opportunities for the best returns?

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Lower mortgage rates fueling existing home sales

Housing Wire

Existing home sales had a huge beat of estimates on Tuesday. This wasn’t shocking for people who follow how I track housing data. To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from 7.37% to 5.99%. During November, December and January, purchase application data trended positive, meaning we had many weeks of better-looking data.

Mortgage 484
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$900K in Real Estate at Age 17 by Doing What 99% of Teenagers Won’t

BiggerPockets

$900K in real estate at age 17!? That can’t be possible!

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HUD highlights support for expanding high-speed internet access

Housing Wire

The U.S. Department of Housing and Urban Development ( HUD ) on Monday released a new guidebook that highlights support for the expansion of high-speed broadband internet service to public housing authorities, multifamily owners and operators, and Native American tribal communities in urban and rural areas. The guidebook outlines the funding program mechanics and how these areas can ensure that they receive funding for the creation of high-speed internet service.

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