Wednesday, November 6, 2024

Our 19-point house-hunting checklist for agents & their clients

1. Discuss how agents get paid and hire a great agent. The elephant in the room needs to be discussed: the lawsuits. Buyers have heard horror stories...

The Real Brokerage, The Agency top list of RealTrends Verified movers by sides/volume

In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning...

Retail reverse mortgage production took a hit in January

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale...

Equifax’s Work Number is too expensive and regulators should look into it: CHLA

Equifax’s Work Number product is too expensive for consumers and the Federal Housing Administration (FHA) and Federal Housing Finance Agency (FHFA) should potentially do something about...

Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024

One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that officials still expect interest rates to come down three times...

Realty ONE promotes five women to executive positions

Realty ONE Group International, a global real estate franchise, recently promoted five women to drive the company’s global growth.  Cory Vasquez was promoted to the position of...

NAR addresses ‘incorrect claims’ in Biden’s housing proposal speech

Although the National Association of Realtors (NAR) is grateful for the White House’s focus on the nation’s affordable housing crisis, the trade group was not thrilled...

HomeServices faces possible damages of $4.7B in Sitzer/Burnett suit

As the final defendant left in the Sitzer/Burnett commission lawsuit, it appears that HomeServices of America may be left holding the bag for the vast majority...

Apartment permits are back to recession lows. Will mortgage rates follow?

From Census: Building Permits: Privately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,518,000. This is 1.9 percent...

HUD counselors offer new guidance on reverse mortgage programs

The U.S. Department of Housing and Urban Development (HUD) Office of Housing Counseling (OHC) has made a series of updates to its Housing Counseling Program Handbook,...