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Inman News
Biggest mortgage rate drop since pandemic sparks agent optimism
A big drop in mortgage rates has resulted in holiday rejoicing for agents and hopeful buyers. Make sure you're ready to work with them.
Economists agree rates have peaked. But will they come down?
Two closely watched forecasts agree that mortgage rates have probably peaked, but diverge sharply on how quickly they'll come down over the next two years.
Mr. Cooper faces slew of class action lawsuits after cyberattack
The servicer is facing five separate federal lawsuits over an Oct. 31 cyberattack that knocked out services for days and prevented borrowers from accessing their accounts or paying home loans.
Homebuyers perk up as mortgage rates hit lowest level in 2 months
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.
Homebuyers demand school data. Portals are grappling with the risks
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.
Like a boyfriend, the perfect lender is experienced, well-funded: Triple-I
Neither brand recognition nor the promise of lower rates were as valuable to agents as a mortgage lender's ability to reliably obtain funding, according to results from the latest Inman Intel Index.
Century 21 CEO Mike Miedler on his ‘relentless’ pursuit of NYC in 2024
The Century 21 president and CEO spoke to Intel about his 25th anniversary with the brokerage, deploying AI to recruit agents and his plan to grow marketshare across New York City in 2024.
Strategize for success: Your 2024 social media playbook
Join Katie Lance and learn how to create a social media calendar that will drive engagement and boost your business in 2024.
How did you give back in 2023?
It's the season for giving, so we're asking you: How did you share with others this year?
Here’s how to find the perfect fit when shopping for a CRM
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.
How millennial and Gen-Z Realtors are reshaping real estate
CEO Troy Reierson offers insights gleaned from young professionals and the way they add their unique perspectives to the practice of real estate.
Mortgage groups urge FHA to ditch ‘life of loan’ premium payments
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.
Canadian officials looking for ways to decrease the number of Airbnbs
Under pressure to add more housing supply, officials say they're looking at ways to decrease the number of short-term rentals in the country.
Agents choose lively culture over cutting edge technology: Triple-I
Thirty percent of real estate agents and 55 percent of mortgage and real estate broker-owners agree that culture is the factor that sets a company apart from the rest, according to the October 2023 Inman Intel Index results.
Toronto listing that offers to share a queen-size bed raises eyebrows
A listing posted to Facebook seeks an "easy going female" roommate and advertises half of a queen-size bed in a Toronto condo for $900 CAD per month.
Curbio accused of targeting elderly homeowners in new fraud suit
Curbio "strongly" denied claims on Monday by Washington, D.C.'s attorney general that the pre-sale renovation startup violated consumer protection laws through "deception, intimidation and fraud."
Avenue 8 unveils Sidekick, an AI assistant built with speed in mind
The spartan, amenity rich AI assistant is currently available to the 3-year-old brokerage's 400 agents with plans to offer the tool to outsiders before the end of 2023, executives told Inman.
Existing-home sales fall to 13-year low despite strong buyer demand
Existing sales fell 4.1 percent in October to an annual rate of 3.79 million, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said.
Mortgage rates overtake inventory as biggest worry for agents: Triple-I
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.
Playing the long game with effective lead nurturing
Post-pandemic real estate isn’t easy, according to Florida team leader Marcus Larrea. Here’s how to make sure you’re capturing as much business as possible.