Housing Wire
DECEMBER 1, 2023
Mortgage originators will pay more to access consumer credit reports in 2024, reigniting complaints from mortgage lenders and trade associations. In 2024, Fair Isaac Corp. (FICO), the company that retains the rights to the market’s adopted methodology to measure consumer credit risk, will charge one price – higher than the current price – to all mortgage lenders, independent of their volumes.
Real Estate News
DECEMBER 1, 2023
Real Estate News has selected the top newsmakers in a year shaped by trials — of all kinds — and resilience in the face of epic challenges and opportunities.
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Housing Wire
DECEMBER 1, 2023
The U.S. Department of Housing and Urban Development (HUD) on Friday published a proposal that would require public housing agencies (PHA) to provide 30 days’ notice before filing an eviction notice in court for nonpayment of rent. PHAs with tenants in public housing and owners of properties participating in HUD multifamily project-based rental assistance programs would need to provide “written notification at least 30 days” before a court filing for an eviction due to rent nonpayment.
Real Estate News
DECEMBER 1, 2023
The DOJ wants to revisit an antitrust case originally settled in 2020, and if successful, could demand even more changes to commission practices.
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Housing Wire
DECEMBER 1, 2023
The latest baseline increase in conforming loan limits has enabled loan originator Dave Krichmar’s client to make a 5% down payment instead of 10%. The self-employed homebuyer found an $800,000 home in Texas, but with the conforming loan limit for 2023 being $726,200, the buyer needed a jumbo loan or a bank statement loan. Those loan types would require a larger down payment of at least 10% of the home’s value, or $80,000, which would stretch his budget too thin. “With the latest Federal H
Real Estate News
DECEMBER 1, 2023
More than 2,700 Redfin agents are eligible for compensation from the $3 million settlement payout.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
DECEMBER 1, 2023
The real estate agent and interior design pro said he was making the move because of The Agency's boutique culture. He has closed more than $300 million in sales volume during his career.
RIS Media
DECEMBER 1, 2023
With mortgage rates recently starting to retreat from their highs of close to 8%, homeowners may start to consider refinancing in order to save money on monthly payments or possibly change to a shorter term. But they need to be aware of some important considerations before proceeding. Refinancing could actually be a losing proposition, as… The post 4 Mortgage-Refinancing Mistakes Homeowners Must Avoid appeared first on RISMedia.
Inman
DECEMBER 1, 2023
The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months.
RIS Media
DECEMBER 1, 2023
Above: Standing (left to right): Peggy Pratt and Michelle Fermin, CENTURY 21 North East. Sitting (left to right): Oralia Herrera, CENTURY 21 T.K. Realty, Inc.; Eva Angelina Romero, CENTURY 21 Capital Properties; Nora Aguirre, CENTURY 21 Americana According to the National Association of Hispanic Real Estate Professionals®’ (NAHREP®) 2023 State of Hispanic Homeownership Report, Hispanic… The post December Cover Story: Change Agents appeared first on RISMedia.
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Inman
DECEMBER 1, 2023
Brad Inman has coined a real estate industry mantra for next Year: "Roar in 24." Find out what else he's thinking about and how you can move into the new year stronger and braver than ever before.
RIS Media
DECEMBER 1, 2023
In fact, 44% of Americans think the housing market is at risk of crashing in the next year, according to a new report from LendingTree. LendingTree’s new survey of over 2,000 U.S. consumers looked at their opinions surrounding the potential of a housing market crash in 2024. The report found that many non-homeowners believe that… The post How Do Americans Feel About a Potential Housing Market Crash appeared first on RISMedia.
Inman
DECEMBER 1, 2023
From backyard cottages to duplexes and more mixed-use buildings, a survey of over 5,000 people found them broadly supportive of widespread zoning changes
Eye on Housing
DECEMBER 1, 2023
NAHB analysis of Census Construction Spending data shows that private residential construction spending rose 1.2% in October, after a dip in September. It stood at a seasonally adjusted annual pace of $884 billion. Total private residential construction spending is 0.7% higher compared to a year ago. This was the first year-over-year increase since December 2022.
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Inman
DECEMBER 1, 2023
Darryl Davis shares some of the hard-won lessons of the world's most successful and resilient businesses. Put them to work in your professional life to meet the current moment.
Sotheby's International Real Estate
DECEMBER 1, 2023
London, England | United Kingdom Sotheby’s International Realty David Sullivan spent seven years and just under $63 million to renovate the centuries-old Marylebone house. West Ham Football Chair Asks $94.67M for London Home – The Wall Street Journal Hot property: five homes for sale in Costa Rica – Financial Times In Manhattan, A Brand-New $22.5M Townhouse Offers Dynamic Design and a Private Garage – Robb Report A Two-Year Reno Gave This Villa in France a New Life – Mansion Global Step In
Inman
DECEMBER 1, 2023
Does ill will have your holiday tinsel in a tangle? Grab some hot chocolate and realign your spirit with end-of-year insights to make this chilly season merry and bright.
RIS Media
DECEMBER 1, 2023
Today, a Washington, D.C., federal appeals court heard oral arguments from lawyers from the Department of Justice (DOJ) and the National Association of REALTORS® (NAR) regarding a shuttered antitrust investigation ahead of a decision that could potentially have larger implications than any of the ongoing class action lawsuits. Over the course of half an hour,… The post Appeals Court Leans Toward Allowing DOJ to Reopen NAR Antitrust Investigation appeared first on RISMedia.
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
Inman
DECEMBER 1, 2023
You loved last week's good news on mortgage rates, and this week brought even more smiles to real estate agents and brokers.
RIS Media
DECEMBER 1, 2023
According to research by realtor.com®, down payments on homes in the U.S. reached a new peak in Q3 2023. The average down payment is 14.7%, and the median down payment amount is $30,000. As the report notes, down payments have increased alongside high mortgage rates and low inventory. This means a challenging market for buyers… The post Down Payments Reach New Peak, Presenting Further Challenge for Buyers appeared first on RISMedia.
Inman
DECEMBER 1, 2023
Investors who fund most mortgages remain convinced the Fed will begin lowering rates in the spring to avoid strangling the economy.
RIS Media
DECEMBER 1, 2023
To outsiders, a real estate agent’s job seems pretty sweet. They’re almost always smiling, dressed well, driving nice cars and simply showing houses to people who want to buy one. What’s so hard about that? Stacy Cole admits she had that misguided mindset when she decided to become a REALTOR®. She was working as the… The post RISMedia’s 2023 Real Estate Rookie of the Year Stacy Cole: ‘No Such Thing as a Part-Time REALTOR®’ appeared first on RISMedia.
Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.
In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.
Inman
DECEMBER 1, 2023
The marketing executive spent eight years at Vogue before transitioning into real estate and was instrumental in the founding of Compass' luxury division.
RIS Media
DECEMBER 1, 2023
If there’s one thing Burnett vs. the National Association of REALTORS® (NAR) proved over and above the verdict, it’s that federal class action lawsuits move at a glacial pace, taking years and years to go from the original filing of a case to the appeals conclusion. Indeed, it’s almost certain that the recently concluded Burnett… The post Judge In Moehrl Case Refuses to Alter Schedule, Says Case Won’t Be ‘Influenced’ by Burnett appeared first on RISMedia.
Inman
DECEMBER 1, 2023
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
RIS Media
DECEMBER 1, 2023
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. As Freddie Mac notes, mortgage rates have continued to decline for five consecutive weeks. While the 30-year fixed-rate mortgage rates sit at 7.22% as of Nov. 30, 2023 (down from 7.29% the previous week), the 15-year… The post Mortgage Mix: Rates Fall, but Not Below 7% appeared first on RISMedia.
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Inman
DECEMBER 1, 2023
Understanding the current state of work culture could save stress and retention woes, writes Rachael Hite. Here are a few ideas on how brokers can make work more enjoyable in 2024.
Coldwell Banker
DECEMBER 1, 2023
When it comes to living a healthier lifestyle, the little things can add up and make a considerable impact! It’s not just about hitting the gym or eating right – it’s also about creating a healthier home environment and adopting habits that promote overall well-being. To help you on your journey, here are some tips […] The post 7 Tips for Creating a Healthier Home in the New Year appeared first on Coldwell Banker Blue Matter.
Brownstoner
DECEMBER 1, 2023
In the News NYC Paying $625K to Bus Migrant Kids From Mega Tent Shelter [NYP] These Two Brooklyn Landmarks Are NYC's Most Underrated Sites to Visit [Eagle] City Overhauls East New York Parks to Honor History [BP] E-Commerce Warehouses Have Spiked Emissions in Red Hook, Pols Say [BP] See Borough in Miniature at Center for… Read More > The post Daily Links: Upgrades at East New York’s Sankofa Park to Honor History as African Burial Ground appeared first on Brownstoner.
BubbleInfo
DECEMBER 1, 2023
Let’s look at the graphs that were updated with November’s data today: About 50,000 people live in Carmel Valley, 92130, and only seven houses sold there last month?
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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