Housing Wire
MARCH 7, 2024
Buoyed by a rise in home prices , U.S. homeowners with mortgages saw their home equity increase by 8.6% year over year in fourth-quarter 2023. Homeowners saw an average increase of slightly more than $24,000 compared to Q4 2022, adding up to a collective gain of $1.3 trillion, according to CoreLogic ’s newest homeowner equity report. Net homeowner equity totaled more than $16.6 billion at the end of 2023.
Real Estate News
MARCH 7, 2024
Rates fell slightly this week, ending a four-week run of increases, and mortgage applications were up nearly 10%. Inventory and consumer sentiment are also up.
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Housing Wire
MARCH 7, 2024
The migration surge that characterized the early years of the COVID-19 pandemic has come to an end, according to an analysis from John Burns Research & Consulting. Against a backdrop of constrained housing supply , the pace of migration has slowed compared to 2020 and 2021. But where movement does occur, it tends to be over shorter distances. The allure of affordable cities near major, higher-priced metro areas has gained traction, marking a shift from the suburban exodus observed during the
Real Estate News
MARCH 7, 2024
Products that just scratch the surface of what AI can do are giving real estate “a bad rap,” but there are ways to go deeper (without getting in too deep).
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Housing Wire
MARCH 7, 2024
Sotheby’s International Realty is expanding its footprint in the Golden State. On Thursday, the Anywhere brand announced that Northern California firm Vista Real Estate had joined the Sotheby’s network. The Redding, California-based firm will now operate as Shasta Sotheby’s International Realty. This marks Sotheby’s 111th office in California. “Homebuyers migrate to the Shasta County area to enjoy its world-class outdoor recreational pursuits and scenic views,” Philip White, president and CEO of
Keeping Current Matters
MARCH 7, 2024
If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
MARCH 7, 2024
Proposals announced by the Biden administration ahead of the State of the Union earmark billions in tax credits and grants to increase homeownership.
Housing Wire
MARCH 7, 2024
HousingWire Editor in Chief Sarah Wheeler sat down with Paul Hurst , chief innovation officer at First American , to talk about the challenge of attracting and retaining tech talent and how to know if a project has a big enough vision. Sarah Wheeler: How do you think about buy versus build? Paul Hurst: Before I joined First American, I worked with a lot of companies to decide this exact question.
Real Estate News
MARCH 7, 2024
Fourth-quarter revenue was up a whopping 89%, though net losses rose along with operating expenses.
Housing Wire
MARCH 7, 2024
Home sellers looking to maximize their sale price may want to avoid the start of the busy spring buying season and list their properties closer to the midpoint of the year, according to a Zillow analysis released Thursday. In a study of 2023 home sales, the real estate analytics company found that homes listed in the first two weeks of June sold for 2.3% more than at other times of the year, equating to an additional $7,700 on the typical U.S. home.
Advertiser: Trellis
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Real Estate News
MARCH 7, 2024
Redfin adds “Ask Redfin” to its iPhone app; eXp Opendoor integration launches; Knock unveils crowdfunding campaign; Zonda acquires BDX.
Housing Wire
MARCH 7, 2024
The Federal Reserve and other regulators will be making significant changes to the so-called “Basel III endgame,” Fed Chair Jerome Powell said on Wednesday as he testified before Congress. Powell acknowledged the mounting opposition to Basel III from the banking sector, assuring lawmakers of forthcoming broad revisions to the regulatory framework that is aimed at recalibrating risk assessment methodologies and capital reserves.
Inman
MARCH 7, 2024
Luxury consultant Chris Pollinger walks you through the steps to create a cohesive and integrated marketing strategy that leverages a variety of channels for more effective engagement.
Housing Wire
MARCH 7, 2024
Federal Reserve Chair Jerome Powell indicated in recent congressional testimony that interest rate hikes are now likely at the “ peak for the current tightening cycle ,” after signaling in November of last year that the Fed was close to the end of its war on inflation. For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market expert
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Real Estate News
MARCH 7, 2024
The Whaley case had been the only major copycat lawsuit to name the company as a defendant.
Housing Wire
MARCH 7, 2024
The way that the Social Security and Supplemental Security Income (SSI) programs interact is unfair to low-income workers and retirees , and changing the Social Security benefit applied to SSI would “allow low-income older adults to obtain additional income during retirement.” This is according to a new report published by the Brookings Institution.
Inman
MARCH 7, 2024
Celebrating a decade in operation this year, the cloud-based brokerage saw revenue skyrocket by 89 percent in the fourth quarter and its agent count soar by 66 percent, according to earnings data on Thursday.
Housing Wire
MARCH 7, 2024
Proptech company and iBuyer Opendoor is no longer facing the allegations of a copycat commission lawsuit. On Wednesday, Nathaniel Whaley, the sole plaintiff in the Whaley suit , filed a motion to voluntarily dismiss Opendoor without prejudice. The motion noted that the reason for the dismissal was that Opendoor had not yet served an answer or a motion for summary judgment.
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
MARCH 7, 2024
California to use lottery system to allocate $220 million in "Dream for All" shared appreciation loans that cover down payments for first-time homebuyers.
Brownstoner
MARCH 7, 2024
Spaced elbow to elbow in Hoyt Street’s City Life Church Monday night, Gowanus locals aired their concerns at a community meeting on a migrant shelter for 400 men slated to open in a former factory building on 3rd Street. A vocal group dominated the meeting, heckling speakers and yelling snipes… Read More > The post Overflow Crowd Packs Gowanus Church for Rowdy Meeting Over Migrant Shelter appeared first on Brownstoner.
Inman
MARCH 7, 2024
It’s a transformative time in the industry, Mike DelPrete writes, and now is an opportunity to pause, step back, critically evaluate and use the moment to get smarter.
Eye on Housing
MARCH 7, 2024
Per the Mortgage Bankers Association’s (MBA) survey through the week ending March 1st, total mortgage activity increased 9.7% from the previous week, and the average 30-year fixed-rate mortgage (FRM) rate fell two basis points to 7.02%. The 30-year FRM has risen 22 basis points over the past month as rates remain right around seven percent.
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
MARCH 7, 2024
Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant.
RIS Media
MARCH 7, 2024
Women are a dominant force in the U.S. real estate industry, comprising 62% of REALTORS®. Moreover, single women are the second-largest group of buyers after married couples. Therefore, it’s fitting that we celebrate how women impact the real estate market during Women’s History Month. According to the 2023 National Association of REALTORS®’ Profile of Homebuyers… The post Single Women Homebuyers Redefining Market Norms and Trends appeared first on RISMedia.
Inman
MARCH 7, 2024
The prestigious award honors the most creative, innovative and strategic-thinking marketers within the real estate industry for 2024.
RIS Media
MARCH 7, 2024
Although the legal battle over commissions and anti-trust in real estate is far from over, lawyers representing plaintiffs in the two oldest commission suits are hoping their payday comes sooner rather than later, as last week they filed their official request for “reasonable attorney fees” to be drawn from settlements. Just under $70 million of… The post Plaintiffs’ Lawyers Request $82 Million From Burnett, Moehrl Settlements appeared first on RISMedia.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Inman
MARCH 7, 2024
Ready to get busy? Trainer and author Bernice Ross talks to Curaytor co-founder and CEO Jimmy Mackin about the marketing plays that are working right now.
RIS Media
MARCH 7, 2024
Often considered the holy grail of real estate success, effective lead generation is essential for generating a successful and sustainable real estate business—a topic discussed during RISMedia’s Real Estate’s Rocking in the New Year virtual event on January 11. Led by Ken Baris, CEO of Berkshire Hathaway HomeServices Jordan Baris Realty in New Jersey, the… The post Top Earners Share Their Proven Lead-Generating Strategies appeared first on RISMedia.
Inman
MARCH 7, 2024
Learn how this Atlanta native became a real estate force to be reckoned with in the wide open spaces of Idaho and Wyoming.
RIS Media
MARCH 7, 2024
Price per square foot emerges as a foundational metric within real estate, offering a rudimentary gauge for assessing property values. By dividing a property’s price by its total square footage, PPSF yields a figure that ostensibly facilitates direct comparisons across diverse properties. Its appeal lies in its simplicity, allowing a quick snapshot of value to… The post Challenges and Limitations of Price Per Square Foot in Real Estate Valuation appeared first on RISMedia.
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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