Housing Wire
NOVEMBER 30, 2023
Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down significantly from last week ’s 7.29% and up from 6.49% the same week a year ago.
RIS Media
NOVEMBER 27, 2023
Building a new home is a significant milestone in anyone’s life, and the process can be both exhilarating and challenging. Whether considering existing new construction or contemplating creating a custom home, careful planning and informed decision-making are essential for a seamless home-buying experience. This comprehensive guide will explore critical tips to ensure you have the… The post 11 Tips to Have The Best Home Building Experience appeared first on RISMedia.
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Inman
NOVEMBER 28, 2023
Financial site LendingTree's latest consumer survey revealed 35 percent of Americans hope the market will crash in the next 12 months. Why? They believe an economic downturn will lower mortgage rates and home prices.
Seattle Times Real Estate
NOVEMBER 28, 2023
Molbak's, the 67-year-old Woodinville garden center, says it's been suddenly cut out of a massive redevelopment project in the Seattle suburb's downtown.
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Bigger Pockets
NOVEMBER 29, 2023
Airbnb has faced a lot of criticism as of late, with many cities going as far as banning them. New findings show that the long-term effect is just as impactful to investors.
Calculated Risk Real Estate
NOVEMBER 29, 2023
Single-family serious delinquencies continued to decline in October, however, multi-family serious delinquencies increased. Freddie Mac reported that the Single-Family serious delinquency rate in October was 0.54%, down from 0.55% September. Freddie's rate is down year-over-year from 0.66% in October 2022. This is below the pre-pandemic lows. Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble and peaked at 3.17% in August 2020 during the pandemic.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Maximum Exposure Real Estate
NOVEMBER 28, 2023
Are you wondering about the VA loan inspection requirements? There are appraisal and inspection guidelines that VA inspectors must follow. Did you know that the homes you’re looking at might not be acceptable to some lenders? It’s true. Special loan programs like the Federal Housing Administration (FHA) and Veterans Administration (VA) loans are outstanding for […] The post Requirements For VA Inspectors For Inspections and Appraisals appeared first on Maximum Real Estate Expos
Real Estate News
NOVEMBER 27, 2023
The case takes aim at NAR and local as well as national brokerages, while calling out the current system as a way to protect ineffective agents.
Housing Wire
NOVEMBER 25, 2023
Lower mortgage rates tend to take housing supply off the market and demand has been picking up lately as rates have fallen. However, the recent drop in housing inventory has more to do with seasonality factors than lower mortgage rates. Higher mortgage rates did push inventory higher during the seasonal period when it would normally be declining. However, seasonality tends to rule the day eventually.
Keeping Current Matters
NOVEMBER 30, 2023
Everyone has their own idea of the American Dream, and it's different for each person.
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Inman
NOVEMBER 27, 2023
Fidelity National Financial acknowledges that a "cybersecurity incident" disrupted the provision of title and escrow services and other technology and mortgage services.
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.
Housing Wire
NOVEMBER 28, 2023
The baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2024 will be $766,550, up 5.5% compared to the current limit of $726,200 , the Federal Housing Finance Agency (FHFA) announced Tuesday. Conforming loan limits are increasing at a slower pace, mirroring home prices, overall. That’s because the FHFA’s conforming loan limit increase is based on a formula related to home-price data in the third quarter of each year.
Seattle Times Real Estate
NOVEMBER 29, 2023
Under new the new codes adopted Tuesday, builders would need to match the energy efficiency of heat pumps in order to install gas in new buildings.
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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.
Inman
NOVEMBER 27, 2023
Estate planning is of prime importance for homeowners and their heirs. Properties are among the largest and most complex assets to be distributed — particularly when they’re luxury homes worth millions of dollars.
Real Estate News
NOVEMBER 28, 2023
Fidelity National Financial, the nation’s largest title company, coming back “office by office” as real estate agents and loan officers find low-tech solutions.
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.
RIS Media
NOVEMBER 30, 2023
The process of going through a divorce is undeniably challenging, with numerous emotional, legal and financial considerations. Amidst the upheaval, whether to buy a home can add another layer of complexity to an already intricate situation. You will see the factors to consider when contemplating the purchase of a home during or after a divorce.… The post Should You Buy a Home When Getting Separated?
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
NOVEMBER 29, 2023
Mesnick and his business partner Chris Dalto have left Compass and brought their Seattle-based luxury team, MDG Residential, to Real. Within its first year, the team closed more than $100 million in sales volume.
Real Estate News
NOVEMBER 30, 2023
A year ago, many economists forecast that rates would fall within the 5-6% range by the end of 2023, but the economy didn’t behave as expected.
Housing Wire
NOVEMBER 27, 2023
Nearly three months after filing an initial complaint accusing Gary Keller and Keller Williams of inflating key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers, John Davis has made tweaks to his lawsuit. In his initial filing, in addition to Keller and Keller Williams, Davis also names former KW president Josh Team, Business MAPS Ltd. and Business MAPS Management LLC as defendants.
RIS Media
NOVEMBER 29, 2023
Buyer agents in the post-Burnett world must be more precise in their conversations with clients, while also being able to provide updated information on what’s happening in the legal realm regarding residential real estate sales. And getting contracts with new buyer clients that spell out how much they will be compensated is also crucial. Those… The post Buyer-Agent ‘Musts’ in the New Normal: Get Contracts and Get Educated 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
NOVEMBER 27, 2023
More than a third of all home sales featured a concession in the past 3 months, according to new data and agents who told Inman that they're beginning to see signs of a buyer's market unfold.
Real Estate News
NOVEMBER 30, 2023
Rates edged closer to the 7% mark this week, improving affordability. Coupled with a small bump in listings, that could mean more year-end sales.
Housing Wire
NOVEMBER 30, 2023
Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As a result, NAR’s Pending Home Sales Index fell to a reading of 71.4, down from 72.6 in September.
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.
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Inman
NOVEMBER 29, 2023
Annual home price appreciation of 5.5 percent pushes FHA loan limits up to a minimum of $498,257 in affordable markets, and to a ceiling of up to $1.72 million in high-cost states like Alaska and Hawaii.
Real Estate News
NOVEMBER 29, 2023
With Homes.com in investment mode, Realtor.com and Redfin are reshaping themselves in pursuit of the top spot among home search portals, T3 Sixty experts say.
Housing Wire
NOVEMBER 30, 2023
Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and more existing-home inventory. Home sales are expected to rise, as homebuyers will have more options to choose from.
RIS Media
NOVEMBER 28, 2023
A lawsuit filed by former Keller Williams CEO John Davis against the company appears to be escalating, as Davis last week added new accusations and named more names as he claims Co-Founder Gary Keller used franchise fees and self-dealing to fraudulently enrich himself at the expense of agents and franchise owners. The updated complaint, filed… The post Court Filing: ‘Paranoid’ Gary Keller Obsessed With eXp, Bullies Franchise Owners appeared first on RISMedia.
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.
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