Five years after introducing the Rocket Mortgage brand for digital lending, Rocket Companies will finally retire the legacy Quicken name on July 31. “More than 20 years ago, Dan Gilbert, our founder and chairman, had a vision of putting the entire
Seattle tops list of best metros for real estate agents
A recent WalletHub study of 179 U.S. cities determined that Seattle is the top market for real estate agents to currently work in, and Corpus Christi, Texas, was deemed the worst. In studying the cities, two factors were considered —
South poised to see $1 trillion in home sales in 2021
Even with historically low levels of inventory, rising mortgage rates and uneven job growth, experts still believe 2021 will be a record year for home sales. How much will be spent on homes? Officials are predicting sale numbers to easily
Compass’s next battle: trade secret lawsuits
Compass CEO Robert Reffkin On her website bio, Pittsburgh real estate agent Jen Crouse describes why she finds meaning in her work. “At the end of the day,” Crouse states. “We all want to love where we live and who
Opportunities to improve the home-building process
Some things in life are so complicated that it’s easier to say, “Screw it — I’m not going to do this at all.” That’s what building a new home is like for most people. The process is so fraught with
Why VA mortgage loans go to the bottom of the stack
It’s been rejection after rejection for Isabel Williams’ client, a military veteran in Port St. Lucie, Florida. Since the client began the search for her dream home earlier this year, her Veterans Affairs mortgage loan offers have been rejected over
Bruno Baldini 1980’s- C21 Making it’s Mark
A second-generation real estate agent, Bruno Baldini of CENTURY 21 Baldini Realty in Belmont, California joined the ranks under his father, who had his own brokerage in 1972. His dad started, in the business, in 1968, and made his way
Downsizing Your Home? Don’t Make These 10 Mistakes
Whether you’ve decided to eliminate debt from your life, or you’re first time empty nesters ready for a new chapter, now may be the time to downsize your home. But before you start, it’s important to understand that there are
Doing a Shower Remodel? Consider These Ideas to Breathe Life Into Your Shower Renovation
A shower should be a sanctuary, a stress-reducing environment, somewhere you can easily relax and free yourself of a hard day’s work. But if your shower is beginning to feel outdated or is showing signs of wear, a shower renovation
Amid expansion, Opendoor lost $270M in Q1
Opendoor wants to give residential real estate brokerages a run for their money, but its first quarter earnings suggest the company is not quite there yet. The San Francisco-based instant homebuyer announced a net income loss of $270 million
Mortgage applications jump as rates fall to 2.96%
After weeks of decreases, mortgage applications rose 2.1% for the week ending May 7, 2021, according to the most recent report from the Mortgage Bankers Association. Aiding the jump in mortgage applications was another sub-3% week of mortgage rates, which
New Technology Promises to Revolutionize the Construction
There’s no question that technology is making an impact on the construction industry – even though construction is an industry that’s been historically slow to embrace innovation. The reluctance to change and evolve is due to fragmentation in the industry.
6 things you should do after moving into your new home
You’re all moved into your new home – now what? Unfortunately, there’s still work to be done until you can sit back and relax. And no, we’re not talking about scrolling through Pinterest for decor inspiration. As a new homeowner,
DIY projects to increase your home value
In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. 58% of those individuals did the
What a dismal jobs report means for the housing market
April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March, roughly 40% of the population had achieved vaccination, and key sectors of
Navigating appraisal challenges in today’s housing market
The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting
Opendoor, Atlanta, and the future of iBuying
After a review of Atlanta area property records, it would appear Kim Klir is the most successful real estate agent in world history. Between April 2020 and the end of March this year, Opendoor, an iBuyer but also a residential
Regulatory costs add nearly $94K to new home prices
A recent study by the National Association of Home Builders found that regulations imposed by all levels of government on new homes account for $93,870, or 23.8%, of the current average sales price ($397,300). Of that $93,870, $41,330 is attributable
Mortgage Tech Demo Day: ACES Quality Management
ACES CONNECT By providing secure access to reporting, audits, defects, and supporting documentation, ACES CONNECT streamlines collaboration between the quality control department and internal stakeholders or external business partners. Get access to key reporting data, self-remediate audit findings and create/manage corrective action
Mortgage Tech Demo Day: ICE Mortgage Technology
Encompass Investor Connect Encompass Investor Connect is a built-in, no additional cost feature within the Encompass Loan Origination System which enables lenders to seamlessly deliver loans to investors from Encompass – resulting in 40% fewer conditions, 1 day faster purchases
Mortgage Tech Demo Day: Qualia
Qualia Post Qualia Post pairs automation and a dedicated service team for mortgage lenders to take the hassle out of document fulfillment from real estate partners. Qualia Post automatically collects documents from your title company partners and stores them in
14 Most Popular Home Styles Across the U.S.
No matter where you live, you’ll likely encounter a wide variety of architectural home styles just by driving through your neighborhood. From extravagant to quaint, homes across the U.S. hold their own unique beauty and characteristics just like the people
Mortgage Tech Demo Day: Xome
Logix by Xome® Logix by Xome® is a new portfolio management platform that integrates servicing data from across the entire property lifecycle into a single location, making it easier to scale and streamline servicing operations. With Logix, it’s easy to
6 Options to Consider When Selling and Buying a Home in a Seller’s Market
Homeowners in a seller’s market face a conundrum. On one hand, their home is worth more than it has ever been. But on the other hand, if they decide to sell it and buy a new one, they’re going to
