Housing Wire

NOVEMBER 18, 2023

Did the recent move lower in mortgage rates turn the housing market positive? With mortgage rates moving almost 75 basis points lower from the highs, does the data show that demand has improved? Let’s take a dive in the weekly tracker to see. Purchase application data Last year, when mortgage rates fell from 7.37% to 5.99% , we got three good months of positive purchase application data until the first week of February before mortgage rates started to run higher from 6%-8%.

Mortgage 491

Mortgage Inventory New Listings Housing Market 491

George Dell

NOVEMBER 20, 2023

Editor’s Note: This original Gratitude post written by George Dell appeared in The Analogue Blog on November 21, 2018. A lot has transpired in five years. (The understatement of the Century!) But our gratitude is stronger than ever after all these years. Editor’s Note: Check out the later post from November 26th, 2019 here: Does […] The post Gratitude: a Redux appeared first on George Dell, SRA, MAI, ASA, CRE.

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Sacramento Appraisal Blog

NOVEMBER 21, 2023

It’s time to run toward the housing market. Today, I have some quick thoughts of encouragement for the real estate community as we look to 2024. I know it’s a holiday week, but I really want to share this message. And I have some cool stats too. Scroll quickly or digest slowly. UPCOMING (PUBLIC) SPEAKING […] The post Run toward the housing market in 2024 first appeared on Sacramento Appraisal Blog.

Housing Market 307

Housing Market Marketing Real Estate Appraisal 307

Real Estate News

NOVEMBER 21, 2023

Fidelity National Financial, parent company of Chicago Title and more, is blocking access to title and escrow services while it investigates a security breach.

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Housing Wire

NOVEMBER 22, 2023

Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a savagely unhealthy housing market out there, and these economists unpack what that means for you. Register for the virtual event on Dec. 11 here. In a typical year, there are about 5.2 million sales of existing homes nationally and home prices rise by about 4%.

Housing Market 485

Housing Market Marketing Inventory Sellers 485

Inman

NOVEMBER 20, 2023

The Inman Intel Index goes beyond sentiment and trends by tapping into the most engaged community in real estate to understand what the industry is thinking today, and tomorrow.

Real Estate 197

Real Estate Technology Brokerage Agents 197

Real Estate News

NOVEMBER 21, 2023

Dave Mele, president of Homes.com, previewed his company’s monetization plans and responded to criticisms and allegations from competitors.

Buyers 315

Buyers 315

Housing Wire

NOVEMBER 22, 2023

Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week. Total home loan applications increased 3% for the week ending Nov. 17 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). Mortgage rates for the 30-year fixed loan averaged 7.44%, falling 6 basis points in one week, according to Freddie Mac ‘s Primary Mortgage Market Survey.

Mortgage 466

Mortgage Government Marketing Finance 466

Inman

NOVEMBER 22, 2023

Gone are the days of collecting business cards and cramming them into an overstuffed Rolodex. These days, customer relationship management (CRM) software is the tool that makes keeping client information safe and accessible.

Tools 195

Tools Clients Business Real Estate 195

Eyes on Housing

NOVEMBER 21, 2023

Existing home sales in October fell to the lowest level since August 2010, as limited inventory and higher mortgage rates continued to weigh on homebuyers, according to the National Association of Realtors (NAR). Low resale inventory and strong demand continued to drive up existing home prices, marking the fourth consecutive month of year-over-year median sales price increase.

Inventory 174

Inventory Mortgage Realtors 174

Real Estate News

NOVEMBER 18, 2023

Real estate agents hate change — but lawsuit outcomes like buyer agreements and greater transparency are nothing to fear, says industry veteran Phil Faranda.

Agents 271

Agents Real Estate Agent Real Estate Buyers 271

Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. The pessimistic streak is especially notable given that the fall months have recently been lucrative for builders. The index fell to 34 in November, well below the 50 mark that divides bullish and bearish sentiments.

Inventory 466

Inventory Home Value Housing Market Buyers 466

Inman

NOVEMBER 21, 2023

After exceeding 8 percent in October, rising mortgage rates overtook "lack of housing inventory" as the top concern for real estate agents, according to the results of the latest monthly Inman Intel Index.

Inventory 193

Inventory Agents Real Estate Agent Mortgage 193

Eyes on Housing

NOVEMBER 20, 2023

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions, leading to flat construction conditions after recent gains. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 17,000 single-family built-for-rent (SFBFR) starts during the third quarter of 2023.

Construction 174

Construction Design Investors 174

Real Estate News

NOVEMBER 19, 2023

When Melissa Savenko told a pair of buyer clients about the recent verdict, they balked at the idea of paying commissions. She thinks it's just the beginning.

Clients 252

Clients Buyers 252

Housing Wire

NOVEMBER 22, 2023

Fidelity National Financial (FNF) was attacked by a “cybersecurity incident” that led the system to shut down some of its network, the company said. FNF blocked access to certain systems, which resulted in disruptions to title insurance, escrow and other title-related services, as well as mortgage transactions and technology for the real estate and mortgage industries, according to a filing with the U.S.

Insurance 458

Insurance Law Technology Real Estate 458

Inman

NOVEMBER 24, 2023

From Inman Connect New York tickets to personalized training from Ryan Serhant himself, these are the best all-around Black Friday deals for agents looking to thrive in spite of the headwinds.

Agents 190

Agents Training 190

Eyes on Housing

NOVEMBER 20, 2023

Nonfarm payroll employment increased in 25 states in September compared to the previous month, while 22 states lost jobs. The District of Columbia, North Dakota, New Mexico, and Virginia reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 150,000 in October, following a gain of 297,000 jobs in September.

Construction 173

Construction Marketing 173

Real Estate News

NOVEMBER 20, 2023

After taking on the role of president a few months early, Tracy Kasper joined other officers for their gala moment at the association’s conference.

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Housing Wire

NOVEMBER 21, 2023

You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your secret sauce to becoming the ultimate authority in the real estate world. In this article, we’re going to dive into the incredible ways AI can skyrocket your authority and set you apart from the competition.

Real Estate Agent 458

Real Estate Agent Real Estate Agents Clients 458

Inman

NOVEMBER 22, 2023

Requests for purchase loans were up 4 percent last week compared to the week before, but down 20 percent from the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association.

Mortgage 190

Mortgage Marketing 190

GoForrmz

NOVEMBER 21, 2023

Originally published on 03/12/2018 Ready to build your first digital form Template ? Congratulations on taking the first significant step towards creating your digital form Template by partnering with GoFormz to digitally transform your paper forms. To get started, follow these simple steps: Begin by uploading your desired form to the GoFormz Template Builder.

Legal 148

Legal Law Design Tools 148

Real Estate News

NOVEMBER 20, 2023

The agreements, which cover multiple buyer-broker commissions lawsuits, were deemed “fair, reasonable and adequate” by the judge.

Buyers 245

Buyers 245

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. The Sitzer/Burnett trial out of Kansas City found the National Association of Realtors (NAR) guilty of conspiring to inflate agent commissions — sparking a debate over agent commission fees and the longstanding role of buyer agents in real estate transactions.

Agents 458

Agents Buyers Real Estate Agent Loan Officers 458

Inman

NOVEMBER 21, 2023

Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands.

Insurance 190

Insurance Mortgage 190

Appraiserblogs

NOVEMBER 20, 2023

To lighten the load somewhat from discussions about current highly restrictive language use in appraisal reports that tends to circumvent actual reality and truth – which can positively or adversely impact property market value, replaced with only generic, non-offensive words, I present this cartoon. It’s another word to avoid using: Obfuscation of real and accurate market data using correct written descriptions, replaced with wokeism to foster an unworkable ideological agenda, is one reason why

Market Value 129

Market Value Lending Appraisal Clients 129

Real Estate News

NOVEMBER 22, 2023

Applications increased as 30-year fixed-rate mortgages declined for a fourth straight week.

Buyers 284

Buyers Mortgage 284

Housing Wire

NOVEMBER 22, 2023

Mortgage rates dropped significantly in the last few weeks, but the cost of borrowing remains high prompting many homebuyers to wait for even lower rates. The 30-year, fixed mortgage rate averaged 7.29% for the week ending Nov. 22, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down significantly from last week ’s 7.44% and up from 6.58% the same week a year ago.

Mortgage 450

Mortgage Construction Inventory Marketing 450

Inman

NOVEMBER 22, 2023

Home-listing portals all rely on the same source for school ratings, which are treated as essential by many homebuyers. If used improperly, critics fear the data could lead to Fair Housing violations.

Buyers 190

Buyers Technology Brokerage Agents 190

Empire Appraisal Group

NOVEMBER 23, 2023

Happy Thanksgiving ! We are thankful for all our clients who relied on our appraisal services this year! Need a property appraised? Call us today for What its Worth… Empire Appraisal Group 561-441-9298 The post Happy Thanksgiving appeared first on Empire Appraisal Group.

Property Appraisal 78

Property Appraisal Clients Appraisal 78

Real Estate News

NOVEMBER 18, 2023

The Agency opens 100th office; longtime Bermuda firm re-ups with Coldwell Banker; Century 21 adds affiliate in Mass.; Sotheby's grows in Upstate NY.

Brokerage 218

Brokerage 218

Housing Wire

NOVEMBER 21, 2023

California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their tenants the option to have their rental payments reported to credit bureaus. For the past two years since the law went into effect, residents of these housing developments have had the opportunity to opt into rent reporting annually.

Tenants 441

Tenants Law Landlords Development 441

Inman

NOVEMBER 20, 2023

A judge has granted preliminary approval of the franchisers' multimillion dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year.

Realtors 190

Realtors Brokerage Agents 190

Empire Appraisal Group

NOVEMBER 22, 2023

Pompano Beach and Deerfield Beach Market Update Q3 2023 Since 2005, Empire Appraisal Group, Inc. has been assisting clients in making well-informed decisions related to real estate. They are the top residential appraisal company in Broward and Palm Beach County, providing reliable and accurate appraisals alongside exceptional customer service. At Empire Appraisal Group, professionalism and integrity are highly valued, resulting in a well-established reputation for delivering an exceptional appra

Marketing 78

Marketing Real Estate Clients Realtors 78