Sat.Feb 17, 2024 - Fri.Feb 23, 2024

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Are mortgage rates about to break out higher again?

Housing Wire

Will mortgage rates break toward 8% again, making another 2024 data line that looks like a carbon copy of 2023? It’s not part of my 2024 forecast, but since the Federal Reserve likes playing with fire , let’s look at where we are with mortgage rates and their impact on weekly housing data. Mortgage rates and the 10-year yield The 10-year yield is the key for housing in 2024.

Mortgage 530
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Things I’ve learned after 15 years of blogging

Sacramento Appraisal Blog

Today my blog turns 15 years old. And blog years are sort of like dog years, so my blog is basically super old and wearing Depends now. Anyway, today I want to share some things I’ve learned along the way about content and life. And I know it sounds cheesy, but the best thing to […] The post Things I’ve learned after 15 years of blogging first appeared on Sacramento Appraisal Blog.

Appraisal 329
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What is Appraisal Modernization? Pt 13

George Dell

The word “modernization” has a meaning different from what I thought. It seems to depend on who is using the word. To me, it just meant “get with it!” To our GSEs (Fannie Mae and Freddie Mac), it means something special. The dictionary definitions and explanations focus on the social and even political aspects of […] The post What is Appraisal Modernization?

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Success in One Step

The Appraiser Coach

I’ve talked a lot about what I term the “principles of success.” I truly believe in them, and I think they are all important to achieving success. A lot of people ask me though what the one key to success is. In reality, there isn’t just one. There are many little things that need to be done in order to get where you want to be. However, there is one very important key to success that I’d like to talk about today: action.

Training 195
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Record number of 65-year-olds will reshape the age milestone: WSJ

Housing Wire

More Americans are reaching the milestone age of 65 , and these people are redefining what 65 looks like in comparison to prior generations — with a raft of implications for American society. This is according to a recent story published by the The Wall Street Journal. “Today’s 65-year-olds are redefining a milestone long associated with retirement parties and the end of productive years,” the article stated.

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Take the Inman Intel Index Survey for February

Inman

The Triple-I goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey.

More Trending

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932 More Banned Words and Why I Don’t Care

The Appraiser Coach

Fannie Continues to send out letters to appraisers warning them about banned words. Dustin explains why he doesn’t feel the same way many appraisers seem to feel about it. Check out this episode!

Appraisal 150
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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. The chronically distressed properties cycled in and out of foreclosure for an average of 475 days, resulting in a lost equity rate of more than $5,000 a year and nearly $450 a month.

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6 scripts agents need for a time such as this

Inman

Meeting the unique needs of buyers and sellers today means knowing just what to say to generate important dialogues. Jimmy Burgess offers scripts that resonate in our current market moment.

Agents 190
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It’s Just Responsible Journalism!

Appraiserblogs

Not reporting complete and accurate information is nothing more than irresponsible journalism! The local television station WWBT, NBC 12 in the Richmond market is airing a story on Thursday February 22 during the 6 pm News Broadcast, about racial bias in real estate appraisals. We know this is not a new topic and previous stories that have aired have been extremely one sided and not from the appraiser’s perspective.

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Credit for Builders Remains Tight, But Tightening is Less Widespread

Eyes on Housing

During the fourth quarter of 2023, credit for residential Land Acquisition, Development & Construction (AD&C) remained tight, according to both NAHB’s survey on AD&C Financing and the Federal Reserve’s. However, the tightening was not as widespread as it was in recent quarters. The net easing indices derived from both surveys were negative once again in the fourth quarter, indicating.

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Baird & Warner partners with data provider RealReports

Housing Wire

Illinois-based Baird & Warner , an independent real estate brokerage, partnered with proptech firm RealReports , the companies announced Tuesday. The news comes on the heels of the Keyes Company ’s partnership with RealReports in October 2023. The collaboration is designed to allow all of Baird & Warner’s 2,000-plus agents to benefit from RealReports’s wide-ranging property data.

Brokerage 423
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Landlord accounting tips for a smoother tax season

Inman

There are ways to simplify the tax preparation process and stay organized throughout the year, RentRedi CEO Ryan Barone writes, so that when tax time rolls around, it’s smooth.

Landlords 170
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4 Ways GoFormz Prioritizes Data Privacy

GoForrmz

Your data is secure with GoFormz In an era where data is often referred to as the new gold, businesses are becoming increasingly concerned about the safety and security of their sensitive information. Whether it's collecting crucial patient details through a medical intake form or safeguarding specific scopes of work from personnel without clearance, GoFormz provides multiple avenues to uphold data privacy.

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Happy Presidents’ Day!

Empire Appraisal Group

Celebrate Washington and Lincoln’s Birthday with an appraisal! Nothing says Presidents’ Day like getting your home appraised. Call us today, 561-441-9298 The post Happy Presidents’ Day! appeared first on Empire Appraisal Group.

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Ardley launches white-label automated underwriting engine

Housing Wire

Reston, Virginia-based Ardley Technologies announced on Tuesday the launching of its white-label automated underwriting engine called Autopilot, which the company states will enable lenders to create instant, conditional loan approvals for qualified borrowers. “The main thing about Autopilot is the speed with which we can offer a decision to a borrower,” Nate Den Herder, founder and CEO of Ardley, said in an interview. “Most technologies are not architected to do a million l

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WATCH: Robert Reffkin talks portals, agents, the NYC subway

Inman

In a recent appearance at Inman Connect New York, the Compass CEO discussed his company's ongoing industry dominance and came out in favor of Homes.com in the portal wars.

Agents 192
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How GoFormz Empowers Engineers

GoForrmz

Empowering engineers with the power of GoFormz mobile forms From building bridges to manufacturing technology , engineers play an important role in shaping our world. However, the demands of modern engineering require a lot more than technical expertise. They require effective and modern processes, which is where digital forms come into play. More and more engineering companies are making the switch from paper to digital, and it’s clear to see why.

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Divorce Dynamics: Fair Property Assessments With Professional Appraisals

Appraisal Partners Blog

The post <div class="hrt">Divorce Dynamics: Fair Property Assessments With Professional Appraisals</div> appeared first on Appraisal Partners.

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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. Legislation that is pending in Massachusetts , if enacted, would change at least one part of this equation for home inspectors in that state — and potentially in other states, if lawm

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Savvy tax strategies to see you through the 2023 tax season

Inman

As you gather your 1099s and W2s and reconcile your accounts, writes financial planner Jordan Curnutt, don’t sleep on these key tax planning strategies that can truly move the needle this tax season.

Brokerage 176
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party. You might ask yourself how they can collaborate given two different goals, however, I believe it can be done.

Agents 59
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The Million-Dollar Question: Is College Still Worth It in 2024?

BiggerPockets

Is college worth it? Many Americans are beginning to boldly state, “Nope!” But does the growing anti-higher education sentiment point to facts or fiction around the cost of college?

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Minority homeownership gains ground, but disparities persist: NAR

Housing Wire

The dream of homeownership is becoming more attainable for many Americans, with 10.5 million homeowners added between 2012 and 2022. Some racial minorities also witnessed a surge in their homeownership rates. According to a new report from the National Association of Realtors (NAR) titled “A Snapshot of Race and Home Buying in America,” Asian and Hispanic Americans achieved historic heights in homeownership rates in 2022 of 63.3% and 51.1%, respectively.

Buyers 407
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Nevada homeseller files yet another commission lawsuit

Inman

Angela Boykin is suing over a home sale from 2022. Her case is the second such recent lawsuit out of Nevada, and adds to the growing number of cases that have followed the Sitzer | Burnett verdict.

Realtors 167
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Paige Martin: Award- Winning Houston Real Estate Expert

Houston Properties

The Houston Properties Team is the #1 boutique real estate team in Houston, Texas. Learn more about the best realtor in Houston.

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Multifamily Is Likely To Start Recovering in 2024—Here’s Why

BiggerPockets

In his recent article, BiggerPockets CEO Scott Trench did a great job enumerating all the reasons why multifamily is in the difficult position it’s in.

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Opinion: The role of the LO will soon be very different

Housing Wire

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. The impact of the pandemic and an unprecedented refinance boom followed in short order by the highest interest rates seen in decades cannot be overstated. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

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4 common buyer objections and how to resolve them

Inman

When buyers express reluctance, they’re not necessarily telling you they don’t want to move forward, Luke Babich writes. Sometimes, they’re asking you to help them move forward.

Buyers 171
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Unlock Your Sales Success: Join Our Team as an Inside Sales Agent

Houston Properties

Become a key player in the journey to excellence with Houston's #1 Boutique Real Estate Team.

Agents 66
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Here’s How To Earn Modern and Traditional Passive Income in 2024

BiggerPockets

From stocks to real estate to crypto to advertising on your car, passive income is the core goal of any investor. So how can you make the most of your opportunities in 2024?

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Fairway makes new reverse mortgage investments, rejoins NRMLA

Housing Wire

Fairway Independent Mortgage Corporation announced on Tuesday a series of reverse mortgage maneuvers designed to increase the company’s investment in the space. The first initiative is the decision to rejoin the National Reverse Mortgage Lenders Association (NRMLA), which the company left at the end of 2021 under previous reverse division leadership.

Investing 403
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Many hoped a March rate cut would boost housing. Now, it’s not so clear

Inman

Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy.

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Federal government announces funding for senior housing in Ontario

Mortgagebroker News

Two projects to deliver over 50 senior housing units in Woolwich and Oxford