Keller Williams (KW) has appointed Wendi Harrelson as president of KWRI-owned regions and John Clidy as vice president of growth, the company announced on Wednesday. The appointments were effective as of Dec. 12. “Well-known across our ecosystem as servant leaders, Wendi and John will act as growth partners for our regional operating principals and regional […]
The three remaining defendants in the Moehrl commission lawsuit filed a joint motion for summary judgement on Tuesday. The National Association of Realtors, Keller Williams and HomeServices of America, have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. “After […]
Mortgage demand fell for the first time since November as mortgage rates reached their lowest level since June 2023. Total home loan applications decreased by 1.5% for the week ending Dec. 15 compared to the previous week, according to data from the Mortgage Bankers Association (MBA). Mortgage rates for the 30-year fixed loan averaged 6.83%, […]
Sales of existing-homes inched up in November, breaking a streak of five consecutive monthly declines. While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably. Existing-home sales grew 0.8% in November from the prior month, reaching a seasonally adjusted annual rate of 3.82 million, according to the […]
Title premium volume continued to drop during the third quarter of 2023, as limited housing supply and high interest rates took their toll on home sales. During the third quarter of 2023, the title industry generated $4.1 billion in title insurance premiums, down 24% year over year, according to the American Land Title Association’s Market […]
Last week’s DataDigest offered readers a host of housing forecasts from industry experts at banks, trade associations and more, the thrust of which was housing professionals should expect a modestly better year of sales thanks to retreating mortgage rates in the year to come. A day after publication, Federal Reserve officials made several of their […]
CoreLogic’s AutomatIQ Borrower Income Analysis solution is now integrated with Fannie Mae’s Income Calculator, the company announced last week. With this integration, mortgage lenders will be able to calculate borrowers’ income according to the standards described in Fannie Mae’s Selling Guide. Lenders will be able to automate, streamline and standardize their income verification processes while […]
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 your […]
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 seeing less and less recruitment for nearly 30 […]
