UWM’s best year for purchase loans also produces $69.8M loss

By | | Uncategorized
Comments Off on UWM’s best year for purchase loans also produces $69.8M loss

The nation’s biggest mortgage lender posts its first annual loss since going public in 2020, largely driven by $854.1 million in write-downs of mortgage servicing rights. Continue reading →

US housing market posted record-setting value growth in 2023

By | | Uncategorized
Comments Off on US housing market posted record-setting value growth in 2023

Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin’s latest housing report. The total value of 90 million U.S. homes rose from $45.1 trillion in December 2022 to $47.5 trillion in… Continue reading →

Cloze, marketing platform MAXA Designs announce integration

By | | Uncategorized
Comments Off on Cloze, marketing platform MAXA Designs announce integration

Cloze, a provider of artificial intelligence driven solutions for business development and growth, has formed an agreement with marketing technology company MAXA Designs. Continue reading →

Homebuyer mortgage demand down for 5th consecutive week

By | | Uncategorized
Comments Off on Homebuyer mortgage demand down for 5th consecutive week

With mortgage rates hovering above 7 percent, requests for purchase loans were down by a seasonally adjusted 5 percent week over week and 2 percent lower than a year ago. Continue reading →

Beverly Hills spec mansion nets $30.1M in discounted sale

By | | Uncategorized
Comments Off on Beverly Hills spec mansion nets $30.1M in discounted sale

The property, sold by developer Adnan Sen, first hit the market for $39.9 million in 2020. It includes a nine-bedroom main house, one-bedroom guesthouse, a pool and a 10-car gallery garage. Continue reading →

Buyer agency contracts riddled with ‘unfair’ terms, CFA declares

By | | Uncategorized
Comments Off on Buyer agency contracts riddled with ‘unfair’ terms, CFA declares

The Consumer Federation of America, a watchdog group, examined 43 contracts from 37 states, most from state or local Realtor associations, and found practices it believes worthy of scrutiny. Continue reading →

Energized by AI, brokerage leaders eye big tech spend in 2024: Triple-I

By | | Uncategorized
Comments Off on Energized by AI, brokerage leaders eye big tech spend in 2024: Triple-I

Nearly 70 percent of brokerage leaders who responded to the latest Inman Intel Index earlier this month expect to invest in technology in 2024, with many now saying artificial intelligence is top of mind. Continue reading →

9 powerful leadership phrases that will transform your team

By | | Uncategorized
Comments Off on 9 powerful leadership phrases that will transform your team

These nine pivotal phrases, when articulated daily, can significantly enhance your leadership impact, consultant Chris Pollinger writes. Continue reading →

The Agency Seattle’s No. 1 broker realigns with Engel & Völkers

By | | Uncategorized
Comments Off on The Agency Seattle’s No. 1 broker realigns with Engel & Völkers

Alee Heidar is a rising star and was The Agency Seattle’s No. 1 broker for the last two years. Now he and his brother, Yama Heidar, have joined Engel & Völkers Kirkland. Continue reading →