Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. First, here is a quick housing market rundown from last week : Purchase application data was negative 10% week to week — but still positive for the year Housing inventory decreased by 8,664 units, a more extensive inventory decline than we saw in the prior week The 10-year yield had a wild week, and mortgage rates d

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Housing Market Inventory Mortgage Marketing 467

Eyes on Housing

FEBRUARY 6, 2023

The median age of owner-occupied homes is 40 years, according to the latest data from the 2021 American Community Survey[1]. The U.S. owner-occupied housing stock is aging rapidly especially after the Great Recession, as the residential construction continues to fall behind in the number of new homes built. With a lack of sufficient supply of new construction, the aging housing.

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Construction 187

Housing Wire

FEBRUARY 6, 2023

Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front. In the third week of January, 57% of all borrowers who locked in rates paid at least a half-point, 44% paid at least a full point and nearly a quarter lowered their mortgage rates with buydowns of two points or more, according to Bl

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Mortgage Inventory Buyers Lending 388

Inman

FEBRUARY 6, 2023

It’s no surprise that for today’s eco-conscious buyers, LEED-certified residences represent a prize like no other. However, for now, such homes are a rarity. Here’s a closer look at why that’s the case, and why it could be changing.

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Buyers Agents 152

Housing Wire

FEBRUARY 6, 2023

Michigan-based United Wholesale Mortgage (UWM) has named Andrew Hubacker as its chief financial officer, the company announced on Monday. Hubacker joined the mortgage lender in October 2020 as chief accounting officer. He became an interim principal financial officer in July 2022 following the death of Timothy Forrester. Forrester served as UWM’s CFO for 10 years.

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Mortgage Valuation Finance Construction 382

Inman

FEBRUARY 6, 2023

TikTok user Nicole Rose posted a video of herself staring in stunned silence at the Kansas City apartment's pet policy, which requires a $200 one-time fee for pets, along with a $15 monthly fee.

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Inman

FEBRUARY 6, 2023

Tiny-homebuilding startup Boxabl has received $140 million in funding since its founding in 2017 and now has a waiting list of 160,000 tiny-home orders. How long will investors wait for homes to be delivered?

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Investors Development 144

Housing Wire

FEBRUARY 6, 2023

America’s $13.3 trillion mortgage servicing sector shouldn’t be “disrupted” by financial technology, it should be reimagined with fintech. Most new-to-mortgage fintech folks who overuse the word “disruptor” will start by asking, “What are your requirements?” but that’s the wrong question. The right questions — asked by the right servicing fintech experts — clarify how to improve operational, customer service and compliance models.

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Mortgage Investors Technology Home Value 322

Inman

FEBRUARY 6, 2023

Whether you are on the hiring side or on the candidate side of the table, here are a few things to keep in mind when looking to partner with an agent or team.

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Agents 145

Housing Wire

FEBRUARY 6, 2023

Home lender PrimeLending has promoted Kim Dybvad to lead its Mid-America division, months after the workforce quit en masse and joined a competitor. Dybvad, who joined the company in 2013 and is now a vice president, will be responsible for loan origination production in the Ohio, Indiana, Illinois, Michigan, Wisconsin and Kentucky markets. “Kim exhibits the very best attributes of a PrimeLending servant leader – passion, drive, tremendous industry knowledge and empathy,” said Karen Blakeslee, e

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Mortgage Lending Buyers Legal 317

Inman

FEBRUARY 6, 2023

Good talent is out there. By taking a different approach to agent and staff recruitment, you can find amazing additions to your team or brokerage.

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Brokerage Agents 147

Housing Wire

FEBRUARY 6, 2023

Rocket Pro TPO , the wholesale arm of Rocket Mortgage , wants to court brokers from its competitor United Wholesale Mortgage even if it means covering legal costs to bring them over. “Starting today, we stand behind brokers who want to use Rocket or Fairway [Independent Mortgage Corporation] , but fear Mat Ishbia’s lawyers ,” Mike Fawaz, EVP of Rocket Pro TPO said at the lender’s Ignite Live sales event with brokers on Monday.

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Mortgage Loan Officers Finance Legal 311

Inman

FEBRUARY 6, 2023

Our partners are a critical part of those experiences, and value the opportunity to reach these power-players. We asked them for their impressions and takeaways from the event.

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Agents 134

Appraiserblogs

FEBRUARY 6, 2023

The person who espouses this super valuable ‘advice’ does not have an appraiser’s license… Appraisers, if you think I’m serious about the message subject line, please reconsider! It’s time to actually call out an AMC who’s encouraging appraisers to ‘lower their fee’: Valuation Connect This outfit sent out a ‘newsletter’ to appraisers, part of which says this: “My advice would be to make adjustments based on the market.

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Appraisal Valuation Marketing 108

Inman

FEBRUARY 6, 2023

These strategies work, whether you are establishing, growing or maintaining your real estate agent referral network.

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Agents Real Estate Agent Real Estate 146

GoForrmz

FEBRUARY 6, 2023

Energy sector productivity improvements with GoFormz digital forms The energy sector is no stranger to challenges, especially over the last two decades. Between overwhelming policy changes, new technologies and resources, and a growing international interest and demand, there are endless opportunities for difficulties. But those energy firms that have found ways to leverage technology have seen improvements and growth in an industry filled with potential setbacks.

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Inspection Supply Chain Project Management Technology 78

Inman

FEBRUARY 6, 2023

Building a culture that no one wants to leave isn’t easy, writes DEI expert Julia Lashay Israel. Here she shares the core pillars of an inclusive culture and how you can leverage them as components to take your brokerage to the top.

Brokerage 112

Brokerage Agents 112

Clear Capital

FEBRUARY 6, 2023

Follow ClearCast on LinkedIn , Twitter , Facebook , and Instagram. EPISODE SUMMARY In ClearCast episode 34, Kenon and Jeff discuss some good news in the form of increasing buyer sentiment and less required jumbo loans per new conforming limits. Then, they sit down with Adam Chaudhary , President of FundingShield , to discuss the company’s mission, API-driven solutions, and more.

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Buyers 68

Inman

FEBRUARY 6, 2023

Homebuyers can put as little as 5 percent down when taking out a new construction loan, with one closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage.

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Construction Mortgage Buyers Tools 109

Lamacchia Realty

FEBRUARY 6, 2023

The winner of the 2022 Employee Referral Award Winner is Michelle Wesson ! This is the second year in a row that Michelle has taken home the award for referring the most buyers and sellers into the company who then get referred out to our REALTORS. Michelle is a Success Guide at Lamacchia Realty, focusing on helping agents grow their business! With years of experience in the industry under her belt, Michelle has a vast knowledge of the market and what it takes to achieve success in the business.

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Realtors Realty Agents Sellers 66

Inman

FEBRUARY 6, 2023

Brokers Robyn Kimura Hsu and Rachel Schindler have rejoined Realogics Sotheby's International Realty. The four-person Robyn + Rachel Group has a lifetime sales volume of $1.3 billion.

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Realty Real Estate Brokerage 108

Valuation Review

FEBRUARY 6, 2023

#2023appraisalinstitutepresident #craigsteinley #moreappraisertopics

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Mashvisor

FEBRUARY 6, 2023

Trustworthy single family rental data is key to making an investment that returns a profit. This guide will explain the latest data insights.

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Investing Marketing Real Estate Investors 69

Town & Country Residential Appraisals

FEBRUARY 6, 2023

One of the foundations that determines the value of a property is the well known mantra- location, location, location. But what does that really mean? Simply put, the value of a property is in direct relation to where it is located- both its neighborhood and the market area it is located within. Two things that we analyze to determine the factors that influence a property location is the neighborhood and the market area.

Marketing 53

Marketing Real Estate Appraisal Buyers 53

Valuation Review

FEBRUARY 6, 2023

#USDepartmentofHousingandUrbanDevelopment #TexasPACEAuthority #energyandwatersavingfinancingtool

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Finance 60

BiggerPockets

FEBRUARY 6, 2023

You need to know how to scale your real estate portfolio. You’ve been stuck at the same number of units, dealing with the same problems for far too long.

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Real Estate 55

Valuation Review

FEBRUARY 6, 2023

#FannieMae #deliverablebasedcontracts #SustainableCommunitiesInnovationsChallenge

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Mortgagebroker News

FEBRUARY 6, 2023

The event is billed as a day of education and networking for brokers and agents involved in the alternative and private spaces

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Agents 50

Valuation Review

FEBRUARY 6, 2023

#RCLCO #masterplannedcommunities #declininghomesales #MortgageBankersAssociation

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Mortgagebroker News

FEBRUARY 6, 2023

Kelowna-based broker highlights how effective tutelage builds a professional for the future

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Valuation Review

FEBRUARY 6, 2023

#FreddieMac #SingleFamilyandMultifamilyCreditRiskTransfer #Aonplc #Protecdiv

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Mortgagebroker News

FEBRUARY 6, 2023

'The talent pool has never been more selective about what they want from an employer'

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Valuation Review

FEBRUARY 6, 2023

#appraisalmodernization #OPTEON #advancedalternativemethods #appraisers

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Appraisal Modernization 78

Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. He covers topics such as cash payments, mud, WCID and PID notices, Section 7D of the TREC contracts, HOA transfer fees, special provisions and third party financing addendums.

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Real Estate Sellers Buyers Contracts 36