Heloc, Automation, Buy Before You Sell Tools; Trump Admin. And Disaster Monitoring; Guild Earnings

Here’s something that our Fed can’t do anything about, inflation-wise: coconut prices have doubled due to extreme weather events. (More on weather and climate below.) The Federal Reserve doesn’t control U.S. property taxes either, and they’ve jumped an average of 10.4 percent between 2021 and 2023, with wide variations across the 50 largest metro areas, from just $1,091 in Birmingham to nearly $10,000 in New York City, according to a new LendingTree analysis. Homeowners now pay a median of $2,969 annually, with the sharpest increases seen in Tampa, Indianapolis, and Dallas, while Pittsburgh, Philadelphia, and Milwaukee saw the smallest hikes. Conference admittance prices are also on the rise. “Rob, are you hearing that non-MBA groups are giving out comp passes to their events because of the expense and lack of interest?” No comment. You’re better asking the organizations yourself. But yes, in general, many are back in the cost-cutting mode again, and the first to go are non-MBA, regional, and state events. Choose wisely! (Today’s podcast can be found here and this week’s are sponsored by HomeEQ, the fully digital HELOC from Arc Home, which empowers brokers to quickly provide borrowers with easy access to their home equity. Brokers can benefit from competitive compensation, along with comprehensive training and a complete marketing plan designed to help them re-engage former clients and grow their business. Hear an interview with Jeremy Potter and Paul Gigliotti from the Mortgage Innovators Conference on AI’s ultimate use-case for the industry and what it will free people up to do.)