Housing Wire

DECEMBER 26, 2023

Kyle Joseph, a specialty finance equity research analyst at Jefferies , believes that the worst of the current mortgage cycle may be behind us, a sentiment shared by most analysts covering this industry. “Barring any sort of unforeseen consequences, I’d like to think so , ” Joseph said in an interview. “Obviously, this cycle was fast and furious – for lack of a better term – in terms of how quickly rates went up, and volumes basically got cut into a third of what they wer

Mortgage 508

Mortgage Inventory Marketing Finance 508

Real Estate News

DECEMBER 27, 2023

Zillow Group alleges that the MLSs and the MLS Aligned network are participating in anticompetitive practices by limiting member access to ShowingTime.

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Miller Samuel

DECEMBER 27, 2023

I joined my friend Barry Ritholtz for the second time on his new podcast, At The Money (or cleverly, ATM). Masters in Business is still going strong, but he had a new idea – create a really good personal finance-focused show. ATM is still in the MIB feed but will have its own podcast feed in the new year. Talking Head's Burning Down The House ‘ as the intro music!

Finance 195

Finance Real Estate Business Appraisal 195

George Dell

DECEMBER 27, 2023

Resolved: I am going to do better this year. Done! Each new year, most of us give some thought to how the next year might be better or different from last year. We set some intentions. We call these “Resolutions.” Or not. What’s wrong with this pledge to self? Lets look. You have to ask […] The post Resolved Resolutions? appeared first on George Dell, SRA, MAI, ASA, CRE.

Technology 195

Technology 195

Housing Wire

DECEMBER 26, 2023

Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. Real estate experts say the performance reflects limited inventory in the country, a problem expected to continue in 2024. The data released on Tuesday shows that home prices in all nine U.S. census divisions posted a 4.8% annual gain in October, up from a 4% gain in the previous month.

Inventory 500

Inventory Real Estate Mortgage Marketing 500

Real Estate News

DECEMBER 26, 2023

Despite 8% interest rates in October, annual home price growth continued to increase in most markets, the latest Case-Shiller report shows.

Marketing 300

Marketing 300

The Appraiser Coach

DECEMBER 26, 2023

I’ve used a number of communication tools over the years. I started with Heytell, and loved the walkie-talkie feature. I used that program for several years before moving to Voxer, which had a similar feature. Most recently, I was using WhatsApp, which can do talk, text, video, and still has the walkie-talkie feature (I really like that one, can you tell?).

Tools 150

Tools Appraisal Inspection Advertising 150

Housing Wire

DECEMBER 27, 2023

Zillow Group and ShowingTime are taking two multiple listing services (MLSs) to court, due to their allegedly anticompetitive behavior. On Friday, Zillow Group and ShowingTime filed a lawsuit in U.S. District Court in Arizona against Arizona Regional MLS and Wisconsin -based Metro MLS. The lawsuit also names MLS Aligned , the parent company of showing platform Aligned Showings.

Real Estate 496

Real Estate Agents Real Estate Agent Sellers 496

Real Estate News

DECEMBER 27, 2023

Mikaela Arroyo of John Burns Research says homebuyers will prioritize affordability over 'bells and whistles' and accept smaller homes that meet their needs.

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Inman

DECEMBER 27, 2023

The listings portal filed a complaint in U.S. District Court for the District of Arizona against Arizona Regional MLS and MLS Inc. for what it asserts are violations of federal antitrust law.

Law 197

Law Technology Brokerage 197

Eyes on Housing

DECEMBER 29, 2023

With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. At the end of 2022, Natalia Siniavskaia provided a new estimate for the current size of the U.S.

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Housing Wire

DECEMBER 27, 2023

The nation’s second largest title insurer , First American , as well as some of its subsidiaries, remain offline as of Wednesday morning in the wake of the title firm’s Dec. 20 cybersecurity incident. The systems outage has derailed closings across the country over the holidays for homebuyers and sellers using the company’s title services in more than 2,000 locations.

Sellers 496

Sellers Insurance Valuation Clients 496

Real Estate News

DECEMBER 28, 2023

Perhaps the last copycat case to be filed this year, the complaint targets NAR and 13 major brokerages in a class action suit with nationwide reach.

Brokerage 275

Brokerage 275

Inman

DECEMBER 26, 2023

A year after ChatGPT burst onto the scene, real estate professionals told Inman that AI and AI-backed companies are on the way to becoming a baked-in part of the modern real estate business.

Modernization 195

Modernization Real Estate Business Technology 195

Eyes on Housing

DECEMBER 25, 2023

With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Two such posts focused on home prices and construction costs. In November, Natalia Siniavskaia examined 2022 Census data to report regional differences for pricing of different kinds of home construction: Square Foot Prices More than Double Inflation.

Construction 166

Construction 166

Housing Wire

DECEMBER 28, 2023

As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent. The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, a slight decrease from the 6.67% rate recorded on Dec. 21 according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixed-rate mortgage averaged 5.93% this week, down from 6.95% one week ago.

Mortgage 491

Mortgage Finance Housing Market Marketing 491

Real Estate News

DECEMBER 26, 2023

Home search sites have become an integral part of the real estate industry, for agents and consumers alike. Where do they stand, and what’s next for portals?

Real Estate 248

Real Estate Agents 248

Inman

DECEMBER 29, 2023

Land expert and new Inman Contributor Poujan Sadri offers insights to help you understand the world of land use and development for residential, commercial or industrial projects.

Investing 190

Investing Development Agents Marketing 190

Eyes on Housing

DECEMBER 26, 2023

With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. Trends concerning building material pricing were examined monthly by David Logan. In May, David reported on a pivot for aggregate building material price growth. Building Materials Prices Fall for Second Month Straight This December post details.

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Housing Wire

DECEMBER 26, 2023

Mortgage subservicer Loancare informed authorities that the data of about 1.3 million customers was compromised following a cyberattack in November on its parent company, the big four title firm Fidelity National Financial (FNF). This data includes customers’ social security numbers. The company informed officials in Maine and California that 1,316,938 customers had information accessed by hackers during the incident.

Law 491

Law Contracts Insurance Clients 491

Real Estate News

DECEMBER 27, 2023

The New York Times — which has put an uncomfortable spotlight on NAR this year — suggests that member dissatisfaction could give rise to other options.

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247

Inman

DECEMBER 26, 2023

Las Vegas Realtor and new Inman contributor John Sullivan says lasting success in real estate comes less from transactions and more from connections that are nurtured for the long term.

Business 192

Business Realtors Real Estate Agents 192

Eyes on Housing

DECEMBER 28, 2023

With the end of 2023 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year.

Buyers 167

Buyers 167

Housing Wire

DECEMBER 29, 2023

More than a week after it shut down systems to combat a cybersecurity incident , title insurance giant First American Financial says it has restored some key systems and “contained the threat.” Though details about the hack — which has delayed closings across the country — remain sparse, a filing was made with the Securities and Exchange Commission on Friday for the first time disclosing data theft. “As of the date of this filing, the Company believes it has contained the incid

Insurance 473

Insurance Valuation Technology Buyers 473

Real Estate News

DECEMBER 28, 2023

Attorneys for NAR have requested a stay in the Gibson case until after post-trial motions are resolved in Sitzer/Burnett.

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274

Inman

DECEMBER 26, 2023

Perisphere uses an onboard computer vision solution and 0 percent commission model to help consumers self-direct transactions. And it's using current consumer sentiment against agents to promote the tool.

Agents 189

Agents Clients Tools Valuation 189

Empire Appraisal Group

DECEMBER 28, 2023

Owners Keep Remodeling – but Smaller Projects Sales at Home Depot were lower but beat expectations. While remodeling boomed during the pandemic, many owners are still making smaller upgrades. NEW YORK – Home Depot sales continue to slide as Americans wrestle with persistent inflation and the company narrowed its outlook for the year. But the nation’s biggest home improvement retailer still topped expectations for the quarter.

Home Improvement 78

Home Improvement Renovations Retail Real Estate 78

Housing Wire

DECEMBER 26, 2023

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. But in 2024, industry analysts believe mortgage rates will be the primary focus for many firms. “I don’t think the lawsuit storyline is very relevant from the perspective of volumes and home shopping behavior,” Ryan Tomasello of KBW said.

Brokerage 450

Brokerage Mortgage Agents Bracketing 450

Real Estate News

DECEMBER 23, 2023

The massive trade organization showed cracks in the foundation as it confronted harassment allegations from the inside and legal threats from the outside.

Legal 238

Legal 238

Inman

DECEMBER 29, 2023

You may not want to hear the truth, writes Jimmy Burgess, but you need to hear it if you want to make big improvements in your performance. Here are the five things you need to get real about.

Agents 187

Agents Brokerage Marketing 187

GoForrmz

DECEMBER 28, 2023

See how easy it is to add data automation to your job sites According to a Kabbage survey, 52% of construction companies are looking to ways to embrace digital solutions, in an effort to reduce paperwork, overcome labor shortages, and make the most of their business data. Is your construction team on board? In this webinar we’ll be walking through how easy, and cost effective, digital solutions can be within your construction business.

Construction 78

Construction Design Business Development 78

Housing Wire

DECEMBER 29, 2023

The decline in mortgage rates in November helped financially strained homebuyers, according to ICE Mortgage Technology ‘s latest Home Price Index data. It took $279 less per month to purchase the median-priced home in November compared to October, according to ICE Vice President of Enterprise Research Andy Walden. As a result, mortgage demand ticked up as well last month.

Technology 441

Technology Mortgage Buyers Housing Market 441

Real Estate News

DECEMBER 28, 2023

Following last week’s substantial drop, rates leveled off but still declined modestly, while pending home sales were flat.

Mortgage 265

Mortgage 265

Inman

DECEMBER 29, 2023

From warm neutrals and wood slat walls to personal pickleball courts and a renewed interest in furniture with curves, designers revealed their favorite home design trends for the new year.

Design 186

Design Architecture Decorating 186