HousingWire @HousingWire
HousingWire provides unique data and research, respected business journalism and must-attend events for housing leaders. housingwire.com United States Joined November 2008-
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The best real estate podcasts for agents and brokers in 2024: The best real estate podcasts to motivate, inspire, entertain and enlighten you this year. dlvr.it/T643KJ
Home sellers saw their profits shrink in the first quarter: Attom: The average return on investment of 55.3% was the smallest quarterly figure in more than two years dlvr.it/T642xx
If reelected, Trump could seek greater control over Federal Reserve: The Wall Street Journal reported that allies of former President Donald Trump are looking to make the Federal Reserve less independent. dlvr.it/T641nj
Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects: Some of this confidence is tied to new data that shows wage growth is outpacing inflation, the Employee Benefit Research Institute said. dlvr.it/T641nG
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM: "It wasn't pretty, I'm not gonna lie to you, but we got through it, and we ended up being profitable in 2022 and 2023." dlvr.it/T63xY9
HUD walks back some proposed changes to HECM for Purchase program: Certain changes announced for the H4P program last year will not be implemented after public comments raised concerns, HUD and FHA said. dlvr.it/T63rZB
Key housing markets are starting to buck national trends: Redfin: Some markets in Texas and Florida that have experienced outsized growth in demand are now showing signs of a pullback. dlvr.it/T63knv
Median payment on purchase mortgage applications rises to $2,201: MBA: Homebuyer affordability declined in March as mortgage rates and home prices remained elevated, the Mortgage Bankers Association report dlvr.it/T63k6v
HUD, USDA reach accord on energy-efficiency standard for new construction: The new initiatives aim to lower energy costs on a wide array of newly-constructed homes, according to HUD, USDA and FHA. dlvr.it/T63dKj
U.S. mortgage delinquency rates remain near historic lows: CoreLogic : The share of mortgages that were six months or more past due fell to its lowest level in 15 years in February dlvr.it/T63QXP
HomeServices settles commission lawsuits for $250M: HomeServices of America, the last remaining defendant in the landmark Sitzer/Burnett commission case, has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation. dlvr.it/T63KXF
Kristen Sieffert leads the reverse mortgage presence at The Gathering: FOA's president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona. dlvr.it/T61Z3P
Industry vet launches new mortgage CE company, MLO Force: Nathan Knottingham announced the launch of a new mortgage CE provider, MLO Force, from the stage at HousingWire's The Gathering this week. dlvr.it/T61YZd
GAO highlights reverse mortgage counseling in new report: Older adults need more information about financial programs, with GAO citing the HECM counseling program as an age-targeted example. dlvr.it/T61Wvf
Survey shows that discrimination in housing persists: Zillow: The majority of respondents to a recent Zillow survey said they have experienced discrimination in housing. dlvr.it/T61WSM
Financial results worsened for IMBs in 2023: MBA : Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $1,056 on each loan they originated in 2023. dlvr.it/T61W4y
reAlpha launches AI-powered buyers’ agent chatbot: Launched in South Florida, Claire can assist with booking property tours, submitting offers and negotiations dlvr.it/T61RzY
CHLA president addresses various consumer protection measures: A late-breaking CFPB announcement quickly expanded the scope of a session with CHLA's Taylor Stork at The Gathering. dlvr.it/T61RTy
Best real estate apps for agents in 2024: Download these top real estate apps to manage your business on the road. dlvr.it/T61LnC
Former Keller Williams agents continue their legal actions : The brokerage is now facing more than 10 lawsuits tied to its profit-sharing program dlvr.it/T61KrJ
Logan Mohtashami @LoganMohtashami
37K Followers 206 Following 🇺🇸💪🏽📈🔥😤🫡 Lead Analyst @HousingWire Financial Truth On Housing Economics. All American Bears have failed since 1790. Press inquiries: [email protected]Tom Ferry @tomferry
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37K Followers 206 Following 🇺🇸💪🏽📈🔥😤🫡 Lead Analyst @HousingWire Financial Truth On Housing Economics. All American Bears have failed since 1790. Press inquiries: [email protected]Tom Ferry @tomferry
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🚨 ICYMI: Dustin Brohm - @MassiveAgent joins Real “Real operates as one big company. That openness is just incredible. Agents become collaborators versus competitors.” bit.ly/4a9Sb2d - via @HousingWire
Very much looking forward to @HousingWire’s April 21-24 conf #TheGatheringHW, esp the analytics segments … here’s a special shout to @LoganMohtashami @mikesimonsen @FairweatherPhD @odetakushi 💪💪💪💪 thebasispoint.com/4-reasons-the-…
This chart from @LoganMohtashami & @HousingWire is something i will forever keep on hand when i have friends and family tell me: "things are just like they were in the 2005 housing market!"
when you're trying to leave the office early but end up getting a 4:30pm meeting invite x.com/sportsguy83930…
I guess @gregrobertson is going to be buying @robhahn a “fabulous” steak dinner in San Diego after this revelation from HousingWire 👇
DataDigest: Yes, buyer agents steer clients, new study claims: Using a first-of-its-kind dataset, researchers believe they've amassed "the first systematic, nationwide evidence that buyer agents do in fact steer clients away from properties that offer… dlvr.it/SyFWFh
Smarter people than me - @mikesimonsen and @robhahn - discuss this more here: x.com/mikesimonsen/s…
@fuhnancecap (I'm not an expert in the law, the case, etc., so I'm just resharing other's views) I'll reiterate @robhahn's take on the risk. Per the discussion we just had here: youtube.com/live/Pa1sB4KKN… The MLSs are named as co-conspirators in the lawsuit - the primary enforcement mechanism…
I used to think Redfin or another startup would disrupt real estate commissions. I never imagined a single court ruling nearly 20 years after Redfin started would disrupt the whole industry.
Losers: MLSes: they become a tiny vestige of what they were. Brokerages: The pie is smaller, meaning their share is smaller too. Zillow (if they're slow): Zillow's business is largely built on selling leads to buyer's agents. They have to pivot overnight.
Winners: Home sellers: They'll probably save 2+% on the transaction. The US economy: $30 billion will be freed up. Zillow: Zillow could become the de facto MLS. Startups: this discontinuity will open real estate up to disruption. Costar: Costar is ready to pounce on this.
The verdict on the Sitzer/Burnett buyer broker commission case is coming in just a few minutes, per @swheelerHW
@marxsterbcow @HousingWire Was not expecting such a quick decision in an incredibly complex case. Shocking.
@HousingWire $1.78 Billion in damages before post-judgment interest. Less than 2 hours to arrive at a guilty verdict and 20 minutes to calculate those damages? Ouch!
One group doesn’t believe active inventory is low but in reality they do know it is
@LoganMohtashami It’s wild that most housing doomsday tweeps disregard either supply or demand in their economic prognostications
You'll want to click "play" on this podcast episode ⬇ Our very own CEO and Founder @patk sat down with @HousingWire's Editor in Chief @swheelerHW to share more intel on the CA RON bill and how we're rising to the challenges of today's market 🎥 housingwire.com/podcast/proofs…
3 more labor reports left and then the Cowboys on Sunday Night #GoNiners
With new home sales coming in at their lowest levels since March, @HousingWire analyst Logan Mohtashami says the builders are limited by higher rates. He joins @carlquintanilla, @SaraEisen & @davidfaber to discuss. $XHB
Higher rates are never a good thing for the housing market, says Housing... youtu.be/dkbONdzani8?si… via @YouTube
Jobless claims over housing data always
Powell saying mortgage rate lock-in effect/low levels of housing transactions won’t have an impact in how they’re thinking about future rate cuts.
@HousingWire @LeighBrown @mikesimonsen Love the analogy🎯😄