• 6 strategies to get more from your MLS searches

    6 strategies to get more from your MLS searches,Tim and Julie Harris

    Real estate agents and brokers, are you relying solely on that buyer drip you set up for your motivated and qualified clients? Has the drip run dry? It’s time to get more creative, aggressive and profitable with your MLS searches. Today we’ll show you how to deploy 6 creative ways to get more from y

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  • 2024 will be a better year for real estate recruiting: Relitix

    2024 will be a better year for real estate recruiting: Relitix,Rob Keefe

    After a multi-year decline in agent movement between brokerages, Relitix’s Agent Movement Index suggests that this trend may be reversing. The index shows that, measured on a trailing 12-month basis, the amount of agent recruitment bottomed out in October of 2023 and has begun to increase.“After see

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  • Housing starts flexes single-family muscle

    Housing starts flexes single-family muscle,Logan Mohtashami

    Boom! Housing starts had an epic beat Tuesday, which usually means the data will get revised lower at some point, but one thing is for sure: the housing starts and new home sales sector came to throw shade at the 2023 recession crowd. Many say housing leads the economy into a recession, which has be

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  • Fannie Mae continues to forecast modest downturn in 2024

    Fannie Mae continues to forecast modest downturn in 2024,Sarah Marx

    Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest downturn in 2024. The group projects a return to growth in 2025.“Last week’s comments by Chairman Powell, as well as the Federal Reserve’s updated Summar

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  • Fidelity facing class action suit after cybersecurity attack

    Fidelity facing class action suit after cybersecurity attack,Brooklee Han

    Big Four title firm Fidelity National Financial and its subsidiary mortgage subservicer Loancare are facing a class action lawsuit alleging that they were negligent with customer data and that they breached their contract, after the firm was the victim of a cyber security attack in late-November.The

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  • Housing starts rise on falling mortgage rates

    Housing starts rise on falling mortgage rates,Sarah Marx

    Housing starts rose in November, significantly beating expectations.New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s 14.8% above the revised October estimate of 1,359,000 and 9

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  • Are home sellers finally coming back to the market?

    Are home sellers finally coming back to the market?,Mike Simonsen

    The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. That’s one reason total sales volume has been so low, but it looks now like that’s starting to change.In this week’s Altos Research video, I look at how home sellers and sales are up

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  • Amended settlement agreement in Nosalek suit not enough to appease the DOJ

    Amended settlement agreement in Nosalek suit not enough to appease the DOJ,Brooklee Han

    The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough.In a letter filed on Monday, the DOJ told Judge Patti Saris th

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  • 5 trends that will reshape the real estate market in 2024

    5 trends that will reshape the real estate market in 2024,Michael Lucarelli

    The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving consumer behaviors. 1. Technology 2024: Proptech challenges and profitability pursuitThe proptech sector, a technological corner

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  • Opinion: Today’s regulatory compliance starts at the top

    Opinion: Today’s regulatory compliance starts at the top,Brian Montgomery

    High-profile government actions against some of the nation’s largest financial firms for alleged violations of fair lending laws and loan servicing principles have sent a sobering message to industry CEOs and their boards: the buck stops at the top.We have entered a new regulatory era, one filled wi

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  • Small Northeast towns reign supreme as Zillow's 2023 most popular markets

    Small Northeast towns reign supreme as Zillow's 2023 most popular markets,
  • How new FCC rules closing the ‘lead gen loophole’ could impact mortgage professionals

    How new FCC rules closing the ‘lead gen loophole’ could impact mortgage professionals,Chris Clow

    The Federal Communications Commission (FCC) last week released a new order amending its “express consent” rules for the Telephone Consumer Protection Act (TCPA), which closes the “lead generator loophole” used by mortgage professionals to connect with potential business leads.The loophole allowed th

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  • Housing groups jointly sign letter urging full funding for FHA, Ginnie Mae

    Housing groups jointly sign letter urging full funding for FHA, Ginnie Mae,Chris Clow

    A coalition of seven housing interest groups including the Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), the National Association of Realtors (NAR) and the National Reverse Mortgage Lenders Association (NRMLA) have co-signed a letter urging the full funding of bot

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  • Builders cheer up as mortgage rates fall

    Builders cheer up as mortgage rates fall,Sarah Marx

    A decline in mortgage rates since November helped end four months of declines in builder confidence. Recent economic readings suggest improving housing conditions in 2024. Builder confidence gained three points to 37 in December, the first monthly increase since July, according to the National Assoc

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  • NAR president vows to continue to fight commission lawsuits

    NAR president vows to continue to fight commission lawsuits,Brooklee Han

    In her first national interview since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, National Association of Realtors (NAR) president Tracy Kasper said the trade group would continue to advocate for what it feels is best for

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  • The Federal Reserve delivers lower rates for Christmas

    The Federal Reserve delivers lower rates for Christmas,Logan Mohtashami

    The Federal Reserve played the good grinch for Christmas this year and delivered the best gift for homebuyers nationwide, leading to lower mortgage rates. The 10-year yield and mortgage rates fell together after the Fed meetings, which gave us mortgage rates under 7% last week.Mortgage rates and the

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  • DocuSign explores leveraged buyout

    DocuSign explores leveraged buyout,Sarah Marx

    E-signature company DocuSign is exploring a potential leveraged buyout with the help of advisers, people familiar with the matter told The Wall Street Journal on Friday. However, there is no certainty that a deal will be reached. As of Friday, DocuSign’s market capitalization was $11.5 billion. Pote

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  • Movement accuses Summit founder Todd Scrima of corporate espionage

    Movement accuses Summit founder Todd Scrima of corporate espionage,Flávia Furlan Nunes

    South Carolina-based retail lender Movement Mortgage filed a lawsuit this week against Todd Scrima, founder and president at its competitor Summit Funding, accusing him of gaining illegal access to Movement’s confidential financial files and also scheming to divert Movement’s customers toward Summit

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  • Job growth will fuel the housing demand in the long term: NAR’s Lawrence Yun

    Job growth will fuel the housing demand in the long term: NAR’s Lawrence Yun,Sarah Marx

    After two straight years of double-digit declines, home sales will pick up in 2024 thanks to lower mortgage rates. This is according to NAR Chief Economist Lawrence Yun, who shared a presentation of his 2024 forecast on Tuesday.While the past two years have been challenging to say the least for pros

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  • NYT article alleges ‘yearslong pattern of predatory behavior’ by two eXp agents

    NYT article alleges ‘yearslong pattern of predatory behavior’ by two eXp agents,Brooklee Han

    In recent months, the New York Times has worked to expose what is has termed a “culture of fear” in the real estate industry, first setting its sights on the National Association of Realtors. The publication continued these efforts on Friday, publishing an article examining sexual assault allegation

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