Housing Wire

JUNE 9, 2023

Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. They went all in during COVID-19 in 2020, doubled down in 2021 as the forbearance crash bros but really bet the farm on a massive home-price crash in 2023 after the most significant home sales crash ever in 2022.

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Inventory Housing Market New Listings Mortgage 546

Real Estate News

JUNE 9, 2023

Leading economist Dr. Paul Bishop and respected broker J. Philip Faranda were honored by the National Association of Real Estate Editors at their annual event.

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Real Estate 261

Housing Wire

JUNE 9, 2023

Five federal agencies, including the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve , the National Credit Union Administration (NCUA) and the Office of the Comptroller of the Currency (OCC), are collectively proposing new interagency guidance on the reconsiderations of value (ROVs) for residential real estate transactions.

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Real Estate Reconsideration of Value Valuation Law 384

Cleveland Appraisal Blog

JUNE 9, 2023

Hello! I hope you’re having a great summer! I am behind on my blogging for June. To get caught up, I have some returning guest bloggers who wrote some articles that I think you might enjoy. This week, I welcome back Ashley Rodriguez. In this article, she shares some pest control tips and tricks. I hope you find them useful! Photo by Pixabay on Pexels.com Pests continue to be a major concern for homeowners and business owners alike.

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Inspection Business Appraisal Investing 195

Housing Wire

JUNE 9, 2023

With mortgage rates still in the upper-mid 6% range, borrowers who received mortgages in May 2023 paid an average of $2,331 a month, up 20% 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 May 2023 received a loan worth about $364,094 at an average APR of 6.48%.

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Mortgage Technology Buyers Housing Market 384

Real Estate News

JUNE 9, 2023

Two of the state's top providers will no longer accept new applications, setting a grim precedent and adding another challenge for buyers.

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Insurance Buyers 253

Real Estate News

JUNE 9, 2023

Renters in many markets can no longer afford to make the leap to homeownership, but an increase in build-to-rent inventory could help ease pressure.

Inventory 197

Inventory Marketing 197

Inman

JUNE 9, 2023

In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects "some pain" and even consolidation, banks will weather the storm.

Real Estate 150

Real Estate Construction Lending Investing 150

Appraiserblogs

JUNE 9, 2023

On Friday morning, May 19, I was one of five expert witnesses (and the only as an appraiser) to testify on the topic of appraisal bias in front of the Appraisal Subcommittee (ASC). During the first hour of testimony, our fourth grandchild was born. My wife was in the audience and stepped out of the hearing (the nerve!) to take the call from my oldest son on the news of our new granddaughter.

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Appraisal Home Value 123

Inman

JUNE 9, 2023

When it comes to marketing trophy properties or getting past a plateau, Aaron Kirman and Damian Hall have a few secrets to success — and they are sharing their tips with Inman.

Real Estate Agent 150

Real Estate Agent Real Estate Agents Marketing 150

BiggerPockets

JUNE 9, 2023

Yes, it's still possible to find these types of investments. You just have to look for it. Here's what happened.

Investing 75

Investing Marketing Real Estate 75

Inman

JUNE 9, 2023

You need more than pretty pictures in your social media feed, luxury marketing expert Laura Stace writes. Make sure you are educating potential clients with your content as well.

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Clients Marketing Agents 147

Appraisal Today

JUNE 9, 2023

Quality Adjustment Research and Methodology: The Basics By McKissock Excerpt: Quality and condition are not the same. Quality refers to the quality of items, materials, and construction. When making appraisal adjustments, examine the quality of your data and remember that any quality ratings in your county records or MLS are not always reliable. Here are some basic things to consider regarding quality adjustment research and methodology.

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Appraisal Advertising Real Estate Contracts 52

Inman

JUNE 9, 2023

The U.S. needs to not just build more new homes, but build more new homes that are affordable to most people, according to a new report from the National Association of Realtors and Realtor.com.

Buyers 148

Buyers Realtors Agents Marketing 148

BiggerPockets

JUNE 9, 2023

Don’t have enough funds for real estate deals? Today, there’s no excuse.

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Real Estate Investing 69

Inman

JUNE 9, 2023

Amid rising gun violence, real estate agents are debating the continuation of door-knocking, a traditional practice. Opinions are split, as some advocate for caution, while others suggest it's time to halt the practice due to safety concerns.

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Real Estate Agent Real Estate Agents Marketing 146

Eppraisal

JUNE 9, 2023

As cities around the country experience rapid growth, one of the pressing issues they face is the availability of affordable and adequate housing. The influx of population, coupled with limited land resources, poses significant challenges for urban planners and policymakers. Let's delve into the housing challenges faced by growing cities and explore strategies that can be adopted for sustainable urban development.

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Transportation Development Architecture Government 36

Inman

JUNE 9, 2023

The multifaceted software, built by the Atlanta-based company REAI, is designed to automate for agents a range of tasks that can often occupy hours of a standard work week, the company said.

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Design Agents Technology Real Estate 145

Mortgagebroker News

JUNE 9, 2023

Is the economy beginning to soften?

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Inman

JUNE 9, 2023

Despite instability, the priciest and most unique properties are still moving, Christie's Co-CEO Thad Wong and President Chris Lim told Inman during the brokerage's annual conference.

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Brokerage Real Estate Agents 145

Housing Wire

JUNE 9, 2023

I referenced in my last opinion piece in Housing Wire that the Urban Institute publishes a “ monthly chart book ” that is packed full of relevant data. This recent publication paints a clear picture as to why any Realtor or homebuilder should always include a nonbank lender in their referrals. Before I open myself up to attacks here, I am using macro data from Urban Institute and there are certainly some banks who serve a broader swath of the market.

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Lending Government Finance Mortgage 369

Inman

JUNE 9, 2023

The luxury team spent 24 years with Coldwell Banker before realigning with Compass, Inman has exclusively learned. Last year, the team traded $80 million in real estate transactions.

Real Estate 144

Real Estate Technology Brokerage Agents 144

Eyes on Housing

JUNE 9, 2023

Obtaining lots to build on remains a challenge for many of NAHB’s builders, although the shortages are not quite as widespread as they were in 2021. Responding to special questions on the May 2023 survey for the NAHB/Wells Fargo Housing Market Index, 42 percent of single-family builders characterized the supply of lots simply as low, and another 25 percent said.

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Housing Market Marketing 179

Inman

JUNE 9, 2023

With the right products, your new luxury home can become a smart, convenient and energy-efficient living space, smart home expert Brandon Doyle writes.

Design 154

Design Construction Technology Agents 154

Housing Wire

JUNE 9, 2023

Residential real estate is the single largest physical asset class. In the U.S. alone, the aggregate value of houses exceeds $45 trillion. As such, this sector attracts investors and entrepreneurs alike and spurs a huge ecosystem. Yearly transactions are measured in the trillions, and with such staggering amounts at play, one is reminded of the apocryphal story of bank robber Willie Sutton.

Real Estate 382

Real Estate Investors Law Government 382

Inman

JUNE 9, 2023

Rapidly growing Latch, which will soon be led by Ring founder Jamie Siminoff, tapped AppFolio's wide-ranging property management software to streamline its enterprise access systems.

Property Management 137

Property Management Technology 137

Will Springer Realtor

JUNE 9, 2023

They’re back, by the tens of thousands! But where are we going to put them all?! No, I’m not talking about Bed, Bath & Beyond 20% off coupons in our mailboxes. Farewell, BB&B! I’m referring to people flocking to the Seattle metro area from across the country and around the world. Our region had a net gain of 17,750 people in the 12 months ending July 1, 2022.

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Buyers Transportation Housing Market Law 36

Inman

JUNE 9, 2023

With hundreds of comments on our coverage of Ralph Yarl's shooting, what does it say about door-knocking, and where do we go from here? Rachael Hite updates the story and looks at the sometimes heated reactions.

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Brokerage Agents 130

Inman

JUNE 9, 2023

With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy.

Buyers 147

Buyers Marketing Mortgage 147

Inman

JUNE 9, 2023

Ark7 is an app that lets all levels of investor buy into rental property using a consumer-facing browser and mobile UX.

Investors 142

Investors Investing Real Estate Technology 142

Inman

JUNE 9, 2023

Wondering what you missed this week? Find out with Inman's Top 5 stories for the week of June 2-8, 2023.

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Brokerage Agents 145

Inman

JUNE 9, 2023

UtahRealEstate.com's new skill leverages a form of artificial intelligence called computer vision from Restb.ai to scan images for rapid description creation, item tagging and room identification, the company said.

Technology 105

Technology 105

Inman

JUNE 9, 2023

This week: Home Depot rolls out its new tiny home. Can initiatives like this make an impact on the affordable housing crisis?

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Agents Marketing 109