Beginning in February, The Hartford has made the decision to discontinue the issuance of new homeowners’ insurance policies in California, a move that mirrors the actions previously taken by State Farm and Allstate.
Mortgage rates have seen a semblance of stability in the previous week, however, they continue to hover around the tight spectrum that’s been consistent since the month’s beginning.
As a novice broker or team head, you might not be fully aware of the intense rivalry that marked recruitment in 2023. The statistics speak for themselves: the Agent Movement Index, which tracks the shifting of seasoned Realtors between brokerages each month, hit a low unseen since 2016. The situation was further complicated by a recent surge in niche brokerages, teams, and mixed ‘teamerages’ and so forth.
With leadership roles in a technology firm, a mortgage enterprise, and an advocacy group, Matt Van Fossen offers a distinctive perspective on the integration of technology. This unique viewpoint stems from his simultaneous involvement in these diverse sectors.
Haddad, who is part of AIME, will concentrate on engaging retail loan officers for the brokerage sector.
In a surprising turn of events, the sale of brand new single-family residences in December surpassed anticipated consensus estimates of 649,000.
In the legal conflict over pocket listings, PLS.com has decided to resolve its disagreements with Bright MLS, MRED, and CRMLS. Consequently, only NAR remains as the lone party still facing the lawsuit.
As we approach the next wave of growth in the real estate market, it’s essential to prioritize staff engagement. This involves assembling a dedicated, unified team, encouraging their ongoing learning, and ensuring their retention. Start contemplating the type of environment you’d want to instil in order to draw in the skilled individuals required for restoring your agency’s peak performance.
The Government Sponsored Enterprises (GSEs) have unveiled an overhauled “Mission Index”. This innovative tool aims to modernize and broaden their framework for single-family social bonds.
The continuous and consistent rise in house prices over the past few months doesn’t seem to be coming to a halt anytime soon. In fact, certain markets are experiencing unprecedented momentum, making them the standout regions to monitor this year. Here are the essential details you should keep in mind. No external sources, such as Realtor.com, were used in compiling this summary.
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