Housing Wire

JULY 11, 2023

Land sales volume continued to exceed the five-year average of $650 million in gross sales during the first six months of 2023, but gross sales are off from the record-setting pace of 2021 and 2022, according to Farmers National Company mid-year land values report , released Tuesday. During the first half of 2023, land sales volume came in at roughly $445 million, compared to an average of $735 million in both 2021 and 2022.

Real Estate 370

Real Estate Investors Buyers Marketing 370

The Appraiser Coach

JULY 11, 2023

The Covid-19 pandemic has changed a lot about our lives and the way we conduct our businesses. Some things may never again be the same again. As a result of the lockdowns, we had to turn to conducting our businesses remotely, and many of us have continued to do so even now. While working remotely has many potential benefits, it also presents many unique challenges.

Business 195

Business Appraisal Inspection Advertising 195

Housing Wire

JULY 11, 2023

Home prices are steady, if relatively high in terms of historical home prices, and homeowners are staying in their homes longer than ever before. The result? American homeowners currently have more tappable home equity than ever — a net $30 trillion in home equity that can be tapped right now, according to HousingWire lead analyst Logan Mohtashami. “That’s bigger than the total GDP of China,” Mohtashami said.

Lending 370

Lending Mortgage Technology Investing 370

Real Estate News

JULY 11, 2023

Morningstar has made a bold prediction about where mortgage rates and home prices are headed, but for now, prices are still rising.

Mortgage 238

Mortgage 238

Housing Wire

JULY 11, 2023

House Numbers , an AI-enabled home wealth management platform, announced on Tuesday that it has raised $3.75 million in pre-seed funding. Resolute Ventures led the round, with participation from Maven Ventures and Uncommon Capital. “The U.S. Census reports 62% of U.S. households have home equity, compared to just 25% of whom hold stocks and mutual funds.

Insurance 284

Insurance Technology Mortgage Marketing 284

The Appraiser Coach

JULY 11, 2023

The Covid-19 pandemic has changed a lot about our lives and the way we conduct our businesses. Some things may never again be the same again. As.

Business 150

Business Inspection Advertising Real Estate Agent 150

Inman

JULY 11, 2023

Builders are adding more supply than at any point in the past five decades, with another million units on the way in the coming few years, according to a new report from RealPage.

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Housing Wire

JULY 11, 2023

Candor Technology , a mortgage artificial intelligence (AI) technology firm, announced this week that it has unveiled its latest product feature, Candor Pre-Check. The tool aims to identify inconsistencies between loan applications and borrower-provided documents to data accuracy. “At Candor, we strive to create best-in-class technology to benefit the consumer, the lender, and the mortgage investor.

Technology 284

Technology Tools Investors Mortgage 284

Inman

JULY 11, 2023

The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors.

Investors 148

Investors Development Marketing Investing 148

Housing Wire

JULY 11, 2023

The Westchester County District Attorney announced on Friday that it has indicted a group of six individuals and a corporation for allegedly stealing property deeds from distressed homeowners, fraudulently accessing mortgage loans, and evading state taxes. The alleged perpetrators, including licensed realtors and an attorney, fraudulently obtained $2 million in loans and evaded nearly $200,000 in state taxes, according to the indictment.

Real Estate 284

Real Estate Realtors Mortgage Business 284

Inman

JULY 11, 2023

The Sitzer/Burnett antitrust case is set to begin Oct. 16 but could be moved to February. The court denied the franchisor's request to change the date because it conflicts with KW's Family Reunion.

Realtors 148

Realtors Brokerage Agents 148

Real Estate News

JULY 11, 2023

The state’s "Dream for All" down payment assistance program has received more funding after quickly running out of money earlier this year.

Buyers 143

Buyers 143

Inman

JULY 11, 2023

Yes, you can ignore Threads, and you will stay in business, Inman contributor Teresa Boardman writes of Meta's latest social media offering. "If you are on the fence, I am writing this for you.

Business 148

Business Agents Marketing 148

Eyes on Housing

JULY 11, 2023

Consumer credit outstanding growth slowed to a 30-month low of 1.8% in May 2023 (SAAR) according to the Federal Reserve’s latest G.19 Consumer Credit report, as revolving and nonrevolving debt grew at 8.2% and -0.4%, respectively. Credit growth for March and April—each of which were initially reported at 5.7%–were revised down to 4.8% and 5.0%, respectively.

Lending 79

Lending 79

Inman

JULY 11, 2023

Annual home price growth fell below 2 percent for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic.

Sellers 146

Sellers Buyers Mortgage Marketing 146

BiggerPockets

JULY 11, 2023

The easiest way to supercharge your real estate portfolio? Host your own real estate meetups to build your network! If that sounds intimidating, you’re not alone!

Real Estate 63

Real Estate Investors 63

Inman

JULY 11, 2023

Rick Guerrero says your transactions will be smoother if there's more collaboration with mortgage loan officers when providing financial information since a Zillow report revealed that agents are sought after and trusted with relevant questions. This will help battle misinformation and empower clients to make informed decisions.

Loan Officers 145

Loan Officers Mortgage Clients Agents 145

Buys Brokers Only LLC

JULY 11, 2023

Most prospective Massachusetts home buyers assume the tank near a home's heating system is a hot water heater, producing hot water for showers, washing clothes, or cleaning dishes. Most of the time, that's correct, but not always.

Buyers 51

Buyers Real Estate 51

Inman

JULY 11, 2023

Dash, which aims to improve how real estate agents access information about new construction projects, has released a beta test of its software in Miami, the company announced last week.

Construction 144

Construction Agents Real Estate Agent Real Estate 144

Lamacchia Realty

JULY 11, 2023

We are excited to announce that Heidi Weed has received the Quarterly Production Achievement from the NHMR Board of REALTORS®! This recognition is a result of a successful second quarter of 2023, as Heidi successfully closed 10 transactions. Heidi is the first REALTOR® to qualify for this distinction since Lamacchia Realty opened its first Connecticut office in Southington last December.

Realtors 45

Realtors Realty Clients Tools 45

Inman

JULY 11, 2023

Join us as we delve into the symbiotic relationship between mortgage brokers and real estate professionals and discover best practices around marketing strategies.

Mortgage 138

Mortgage Agents Real Estate Marketing 138

Mortgagebroker News

JULY 11, 2023

Nearly two in five Canadians say that their current incomes are not enough to cover their bills and debt payments

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Inman

JULY 11, 2023

When conditions aren’t favorable, investors should retrench, renew their discipline and remember the principles that made them successful.

Investors 143

Investors Investing Real Estate 143

Mortgagebroker News

JULY 11, 2023

Despite wage increases, more than half of Canadians say that their incomes are failing to keep up with inflation

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Inman

JULY 11, 2023

For two days only, July 11 and 12, you’ve got a chance to score great deals for yourself, your business and clients.

Clients 145

Clients Business Agents 145

Mortgagebroker News

JULY 11, 2023

The mortgage transaction will remain a human-to-human endeavour for the foreseeable future, executive says

Technology 51

Technology Mortgage 51

Inman

JULY 11, 2023

"We aim to make landlords and their tenants’ lives easier by giving them everything they need, and nothing they don’t," said RentRedi CEO and co-founder Ryan Barone.

Landlords 113

Landlords Tenants Property Management Technology 113

Mortgagebroker News

JULY 11, 2023

Construction costs, housing starts and inventory have all been affected

Housing Market 52

Housing Market Construction Inventory Marketing 52

Housing Wire

JULY 11, 2023

Annual U.S. single-family home price growth slowed for the 12th straight month in May, falling to a 1.4% increase year over year, according to CoreLogic ’s Home Price index. The last time the index saw annual growth fall to less than 2% was in early 2012. Even so, U.S. home appreciation still remained positive for the 136th straight month in May and overall gains since the pandemic are significant.

Housing Market 315

Housing Market Marketing Buyers Mortgage 315

Mortgagebroker News

JULY 11, 2023

Report suggests activity remains robust

Housing Market 50

Housing Market Marketing 50

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. Home prices continued to confound buyers by climbing toward record highs as summer began. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% from May to 3242 units – the highest monthly figure since last September.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Housing Wire

JULY 11, 2023

On Tuesday, a group of eight Democratic senators introduced a new bill, the “Stop Predatory Investing Act,” which aims to restrict tax breaks for corporations buying homes. The new rule would affect big investors, such as private equity firms and real estate investment trusts. If approved, the bill will prohibit investors acquiring 50 or more single-family rental homes from deducting interest or depreciation on those properties.

Investing 370

Investing Investors Landlords Finance 370