Housing Wire
MAY 8, 2023
Mortgage lender and servicer NewRez on Monday launched a special purpose credit program through Freddie Mac that will provide $3,000 or more in closing cost assistance to qualifying first-time homebuyers. Freddie Mac’s BorrowSmart Access program will be available to NewRez borrowers through Caliber Home Loans ‘ national network of branches.
Real Estate News
MAY 8, 2023
If approved Thursday, NAR’s proposal would increase dues based on the inflation rate. This would increase 2024 dues to $156 (from $150).
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MAY 8, 2023
With mortgage rates still in the mid 6% range, borrowers who received mortgages in April 2023 paid an average of $2,343 a month, up 28% from a year prior. That’s according to the latest origination data from mortgage tech firm Candor Technology. Per data from Candor’s underwriting engine, the average buyer in April 2023 received a loan worth about $366,000 at an average APR of 6.5%.
Real Estate News
MAY 8, 2023
Agents need to be prepared for anything, from spills to smells, all while keeping their clients happy and hydrated.
Housing Wire
MAY 8, 2023
In the first quarter of 2023, California-based lender Guild Mortgage , which announced a leadership transition in March, continued to face pressures from high mortgage rates and low inventory levels – just like its peers. Ultimately, the company’s revenues declined more than its expenses in the period, leading to another quarterly loss. “While these results reflect a challenging backdrop of rising rates and limited inventories, we continue to gain market share as we execute on our
Real Estate News
MAY 8, 2023
The team, led by a retired Navy Senior Chief and an active duty Navy Lieutenant Commander, will help service members navigate the VA loan process.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
MAY 8, 2023
It can be hard to know which type of photographer will show up at your property. Here are some best practices to ensure your listing (and your client) are set up for success.
Housing Wire
MAY 8, 2023
For those in the mortgage space, there are a myriad of technology solutions claiming to help streamline lending operations and improve efficiency. These workflows help title and settlement companies track how data and decisions flow from initiation to outcome. Yet, somewhere along the steady stream of tasks, we’ve lost the personalized touch. When investing in a technology that someone else designed to automate workflows, it’s important to ask — how do I make this workflow work for me?
Inman
MAY 8, 2023
The sale-leaseback platform plans to launch a marketplace later this year designed to serve homesellers and buyers, both individuals and investors, EasyKnock revealed to Inman exclusively.
Housing Wire
MAY 8, 2023
Flagstar Bank , a top-25 U.S. mortgage lender, recently participated in two M&A deals. In December 2022 , the bank concluded the merger with New York Community Bancorp after waiting for regulatory approvals for over a year. In March 2023, Flagstar surprised the market amid the banking crisis by acquiring some assets, liabilities and deposits of Signature Bank from the Federal Deposit Insurance Corporation ( FDIC ).
Inman
MAY 8, 2023
To cover an expected budget deficit, the National Association of Realtors' Finance Committee has proposed aligning dues with the Consumer Price Index, increasing the likelihood of annual hikes.
GoForrmz
MAY 8, 2023
Digital forms for your small business In today’s tech space, small businesses are going digital, and it’s clear why. This mass digital transformation kicked off in 2020. Covid lockdowns had forced businesses and customers across the globe to go online. More small businesses than ever were going digital to survive. Mike Katz, executive Vice President of T-Mobile for Business wrote , “Before Covid-19, one small business in three had never made a digital sale.
Inman
MAY 8, 2023
You may not consider yourself a specialist in a particular lifestyle segment, but think about it this way: your market, by its very nature, is a specialty
Eyes on Housing
MAY 8, 2023
According to the Federal Reserve’s latest G.19 Consumer Credit report, the growth of total consumer credit outstanding slowed from 7.4% to 5.4% (seasonally adjusted annual rate) in the first quarter of 2023. Nonrevolving (excluding real estate debt) and revolving debt grew 3.1% and 12.3%, respectively, over the quarter. On an unadjusted basis, the level of nonevolving credit outstanding at the end.
Inman
MAY 8, 2023
The Local Logic tool will provide members of the California Regional Multiple Listing Service with critical demographic and economic intelligence on real estate markets around the country.
Robinson Appraisal Group
MAY 8, 2023
Maryland inheritance tax is a tax imposed on the privilege of receiving property. The federal government does not have an inheritance tax, and only six states collect this tax. Maryland is one of those 6 states and Maryland also has an estate tax which is a tax imposed on the privilege of transferring property. Not exactly a perk for being a Marylander!
Inman
MAY 8, 2023
A struggling Hilton hotel, near John F. Kennedy International Airport, will be converted to nearly 300 affordable housing units, according to a plan unveiled last week by developer Slate Property group that was first reported by The New York Times.
Yolo Solano Appraisal Blog
MAY 8, 2023
This update is based on a presentation at the Northern Solano County Association of Realtors on April 25. I pulled the data on April 24 from Metrolist/BAREIS. The key story in residential real estate over the past 18 months has been the rapid rise in interest rates in early 2023.
Inman
MAY 8, 2023
Charlie Lee, the National Association of Realtors' senior counsel, spoke on legal issues impacting agents at the MLS Association Executives Session at the Realtors Legislative Meetings on Sunday.
National Association of Realtors
MAY 8, 2023
Proper documentation can help appraisers evaluate high-performance home features. From the 2023 REALTORS® Legislative Meetings in Washington, D.C.
Inman
MAY 8, 2023
Watch this week's featured Inman Access class to discover the secrets to building trust, credibility, and differentiation to succeed in a challenging and saturated marketplace.
Lamacchia Realty
MAY 8, 2023
CAN A SHED INCREASE PROPERTY VALUE? Outdoor sheds can serve many different purposes. It can be a place to store lawn supplies and gardening tools, or it can be made into a room for a workshop, or art studio. The possibilities are endless, but no matter what it ends up being used for, having a shed can increase the value of your home. Some potential buyers are even more attracted to a home because it has a shed!
Inman
MAY 8, 2023
Solid communication, attention to detail and a willingness to go the extra mile are all necessary to create a well-thought-out contract package.
BiggerPockets
MAY 8, 2023
The national housing market is every bit as indeterminable right now as possible. Here's what an analysis of 295 markets tells us.
Inman
MAY 8, 2023
WellcomeMat helps agents organize, publish and analyze video content performance. California Regional MLS welcomed the marketing add-on as a proptech partner.
Mashvisor
MAY 8, 2023
Do you want to integrate the most reliable short term rental data into your app or website? Read on to learn more about Mashvisor’s Airbnb API.
Inman
MAY 8, 2023
Ishbia, majority owner of the Phoenix Suns, was knocked over by Nuggets' star Nikola Jokic in a play that headed his way, for which he was given a technical foul.
Valuation Review
MAY 8, 2023
Appraisal Institute responds to Fannie Mae's program.
Inman
MAY 8, 2023
It's time to question unfounded legal warnings and negative scenarios that don't make sense so that we can put this tool to use for buyers, the CEO of Darryl Davis Seminars writes.
Town & Country Residential Appraisals
MAY 8, 2023
When it comes to appraising a property, appraisers must take into account all agreements of sale. According to Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP), we are required to analyze any contracts for sale. That's why it's important for the appraiser to receive a copy of the sales contract. By viewing the contract, the appraiser may be able to identify irregularities and comment on them.
Inman
MAY 8, 2023
If your bio is all about you, (how awesome you are, how many awards you've won, how many houses you've sold, etc.), then you're bio is boring. Find out what should (and shouldn't) make the cut.
Valuation Review
MAY 8, 2023
The Portal for Appraisal Licensing Act was reintroduced in the U.S. House of Representatives.
Lamacchia Realty
MAY 8, 2023
Boston25 News spoke with Lamacchia Realty, Chief Operating Officer, Jackie Louh about current mortgage rates and their impact on the real estate market. Watch the full clip below! Play Video Jackie Louh Featured on Boston25 News Discussing Mortgage Rates May 8, 2023 No Comments Read More » Can a Shed Increase Property Value? May 8, 2023 No Comments Read More » Lamacchia Realty Announces Top Producing REALTORS® for April 2023 May 5, 2023 No Comments Read More » The post Jackie Louh Featured on B
Valuation Review
MAY 8, 2023
MBA data reveals decline in active forbearance mortgages.
Expert insights. Personalized for you.
402 
Let's personalize your content