Sat.Apr 20, 2024 - Fri.Apr 26, 2024

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Pending home sales post a modest gain in March:  NAR

Housing Wire

in March compared to February despite rising mortgage rates , according to data released Thursday by the National Association of Realtors (NAR). Meaningful gains will only occur with declining mortgage rates and rising inventory.” Pending home sales increased by 3.4% Sales were essentially flat compared to one year ago.

Sales 405
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Special report: The brokerages gaining or losing market share in Dallas

Housing Wire

Despite the population growth, Dallas has still had to contend with the realities of high mortgage rates and tight housing inventory — factors that have mortgage lenders , brokerages and other real estate professionals fighting for their share of shrinking pies. of the MLS listings held by these brokerages in 2019 to 7.2%

Brokerage 354
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Brokerage executives double down on their lead generation strategies

Housing Wire

Djon spoke on Sunday during a session on lead generation at The Gathering, HousingWire ’s real estate and mortgage conference, held in Scottsdale, Arizona. NAR agreed to abolish its “Participation Rule“ that required sell-side agents to offer compensation to buyer brokers in order to list properties on a Realtor association-affiliated MLS.

Brokerage 355
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New-home sales fared well in March

Housing Wire

“The new home market has been an outsized share of the housing inventory, so homebuilders have been able to attract prospective homebuyers who are seeing very limited supply in the existing home market,” Bright MLS chief economist Lisa Sturtevant said in a statement. According to the March data, however, builders are not slashing prices.”

Sales 339
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What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024

RIS Media

It wasn’t long ago when mortgage refinancing was king, generating record-breaking profits and driving lenders with more business than they could handle. During the height of the COVID-19 pandemic in 2020 and 2021, average 30-year mortgage rates in the 2% to 3% range were a boon for business. Mortgage lenders originated $2.57

Mortgages 116
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Best real estate apps for agents in 2024

Housing Wire

While the quality might not be as high as what you’ll get from a professional Matterport camera, Zillow 3D Home is free, easy to use, and lets you post scroll-stopping virtual tours directly to your MLS, social media and Zillow. Think of it as another concierge service to offer your buyers to help you stand out.

Agents 365