BREAKING: Is Homes.com using YOUR NAME to steal YOUR LEADS?
Is Homes.com selling your own leads back to you? Ray Ellen shares what’s happening with Homes.com ads on YouTube.
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Category: RE News
RE NEWS
Black Knight Approved by Fannie Mae to Support New Home Valuation Option
Black Knight is one of only six vendors approved by Fannie Mae to support their new home valuation option: value acceptance plus property data.
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Seeing Is No Longer Believing: The Increase of Real Estate Deepfake Scams
HomeEquity Bank just released a new educational video series on deepfake scams in response to a 40% year-over-year increase in fraud and cybercrime reports. Unmask the Scam shows how easy it is for real estate deepfake scams to target buyers.
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What the 2023 Remodeling Impact Report Reveals about Outdoor Features
The 2023 Remodeling Impact Report: Outdoor Features by NAR/NALP revealed the contrast between REALTOR® recommendations for improving a home’s curb appeal and homeowners’ assessment of the emotional impact of each project.
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Here’s What You Missed This Week in Real Estate: Hot Sheet Recap March 13th-17th
There’s an immense amount of real estate news and data to sift through every week—not to mention the trends that are happening in your local market. Here’s the BAM Hot Sheet recap for March 13th-17th.
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Homebuilder Sentiment Improves for the Third Straight Month
The NAHB/Wells Fargo Housing Market Index (HMI) rose two points to 44, marking the third consecutive monthly increase in homebuilder sentiment levels.
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Largest 3D Printed Home In AMERICA & Mistakes Agents Must Avoid
What’s working and what isn’t on social media for real estate agents, the largest 3D printed home, seven agent mistakes, and the best time to sell are today’s topics as Taya DiCarlo, Charles Weinrab, and Andrew Undem join Captain Dan Oneil.
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OpenAI GPT-4 Arriving this Month — and It’s Multimodal
OpenAI GPT-4, the newest iteration of OpenAI’s Large Language Model, is arriving this month. And it’s multimodal, presenting yet another challenge to one of its most publicized rivals, Google’s Bard.
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T3 Top 5 Rankings: Real Estate Enterprises, Brokerages, Franchise Brands & Franchisees
Yesterday, the T3 Top 5 rankings were released, showcasing the largest real estate enterprises, brokerages, franchise brands and franchisees.
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What the SVB Collapse Means for Real Estate
On Friday, March 10, SVB Financial Group became the largest bank to fail since the 2008 financial crisis. Here’s what the SVB collapse means for real estate.
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Plunk Partners with 3 Tech Startups to Shake Up the Real Estate Industry
Plunk uses AI, machine learning, and image analysis to provide comprehensive real-time property valuations. Now, it’s partnering with three AI startups to revolutionize mortgage lending, inventory, and influencer marketing.
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Housing Sentiment Falls, Nearing All-Time Low & Breaking a 3-Month Upward Trend
With month-over-month drops in four HPSI components, the Fannie Mae Home Purchase Sentiment Index, dropped 3.6 points to 58.0 in February, breaking its three-month streak of improvements in housing sentiment and pulling the index closer to its all-time low.
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21% of Home Listings were Affordable in 2022
A new Redfin report shows only 21% of home listings were affordable for the typical U.S. household in 2022, down from 40% in 2021. Only 9% of homes for sale were affordable for the typical Black household, compared to 28% for the typical white household.
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Expert Panel Predicts Where Home Prices Are Going in 2023 (and Beyond)
An expert panel of housing economists surveyed by Zillow predict home prices will bottom out in 2023, falling by 1.6%, and then grow by an average 3.5% from 2024 to 2027; 63% expect the 30-year mortgage rate to reach its zenith for the year in Q1 before falling.
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Biggest Regrets of First-Time Sellers
According to a new Zillow survey, 84% of first-time sellers in the United States have regrets about selling in the past two years.
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10 Most Popular Metros for Relocation
A new Redfin report shows a record share of home buyers on Redfin.com looking to relocate as high housing costs drive 24.9% of them to more affordable metros.
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Fannie Mae Announces Alternatives to the Traditional Appraisal
On March 1, Fannie Mae updated its Selling Guide, announcing it is “transitioning to a range of options to establish a property’s market value,” and will be offering alternatives to the traditional appraisal.
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Case-Shiller Indices Show Continued Decline in Home Prices for December 2022
The latest results for the S&P CoreLogic Case-Shiller Indices, a leading measure of U.S. home prices, show a continued decline in home price appreciation for December 2022, largely due to rising mortgage rates and cooling buyer demand.
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12 Months After Its Peak, Rent Growth Continues To Slow
The Realtor.com January 2023 Rental Report shows single-digit rent growth for the sixth consecutive month after 12 months of slowing from a peak of 16.2% growth.
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Record Appreciation for Black-Owned Homes: A New Report from Zillow
A new Zillow report shows record appreciation for Black-owned homes, shrinking the gap between Black-owned home values and typical home values to its smallest in over two decades.
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February’s BAM Good News: Earthquake Relief, Reduced Mortgage Premiums & Students Surprise School Janitor
February’s BAM Good News includes earthquake relief in Turkey and Syria, reduced mortgage premiums and students surprising their school janitor.
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Lawsuits Against Real Estate Professionals are on the Rise
Between 2021 and 2022, there was a 9% increase in lawsuits against real estate professionals.
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Meta Verified & the Contagion Spreading Through the Real Estate Industry
A contagion in the real estate industry, 2023 social media trends, Meta Verified, and Inman influencers are today’s topics as Shannon Gillette and Shane Burgman join Dan Oneil and The Broke Agent.
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Rising Mortgage Rates Decrease Home Values as Buyers Flock to Affordable Areas
A new Redfin report reveals a $2.3 trillion loss in home values since the June 2022 peak, largely due to rising mortgage rates, with the Bay Area losing the most home value and homes with high climate risk faring as well or better than homes with low risk.
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Strong Start, Weak Finish? Fannie Mae’s Revised Forecast for the 2023 Housing Market
The Fannie Mae ESR Group reports a strong start in 2023 for the economy and housing market, but recent data points to more aggressive action by the Federal Reserve and a modest recession likely in the second quarter.
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