Trending Articles

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Consumers fear the long-term consequences of renting on their financial future

Housing Wire

Many prospective U.S. homebuyers fear missing out on the perks of owning a home. According to the newest Bank of America Homebuyer Insights Report , 72% of respondents worry about potential rent hikes impacting their finances. The report also reveals growing uncertainty about whether to rent or buy, with 57% of survey respondents unsure if now is a good time to purchase a home, compared to 48% last year.

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Down payments have doubled in the past 4 years

Real Estate News

The latest data points to some easing, but payments could hit a new peak later in the year. Regionally, payments are down in areas with rising inventory.

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Fidelity CEO says federal government’s title insurance proposals are ’misguided’

Housing Wire

Despite persistently high interest rates , big four title firm Fidelity National Financial recorded a much stronger start to 2024 than it did a year ago. In first-quarter 2024 , Fidelity reported total revenue of $3.299 billion, up from $2.474 billion a year ago. Its net earnings were $248 million, compared to a $59 million net loss in Q1 2023. The firm attributed its stronger results to better performance from both its F&G segment and its title insurance segment.

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The Top 2 Reasons To Consider a Newly Built Home

Keeping Current Matters

When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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Your essential marketing toolkit for a post-NAR settlement landscape

Inman

Ready to transform the way you communicate your value to clients? Marketing expert Marci James helps you reshape the agent-client relationship by prioritizing clear communication and exceptional results.

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Understanding Mold in Homes: What it is, Common Causes and Why It’s a Concern

RIS Media

Mold is a fungus that thrives in damp environments, often becoming a concern in homes. It produces spores that travel through the air and can settle on moist surfaces, leading to rapid growth. Mold’s presence in homes can pose significant health risks and cause structural damage, making it essential for homeowners and buyers to understand.… The post Understanding Mold in Homes: What it is, Common Causes and Why It’s a Concern appeared first on RISMedia.

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Why a Condo May Be a Great Option for Your First Home

Keeping Current Matters

Having a hard time finding a first home that's right for you and your wallet?

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Owners of Marilyn Monroe house sue LA over demolition

Inman

The lawsuit filed last week alleges that the city of LA took part in "backroom machinations" in order to landmark a house that does not meet criteria for status as a historic cultural monument to "arrange the desired outcome.

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Affordability Pyramid Shows 64.8 Million Households Cannot Buy a $250,000 Home

Eye on Housing

As described in a previous post, NAHB recently released its 2024 Priced-Out Estimates showing 103.5 million households are not able to afford a median priced new home and an additional 106,031 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how.

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Why jobs data is more important than inflation for lower mortgage rates

Housing Wire

Mortgage rates have been slowly dropping recently, which has caught some people off guard. With inflation data that is still higher than the Federal Reserve ‘s target, the recent decrease has left many intrigued. Was it the recent inflation reports or the last batch of labor data that played a significant role in this shift? The Fed’s recent hawkish stance, refraining from rate cuts and advocating for extended higher rate language, adds to the mystery.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Realtor.com CEO takes aim at ‘deceptive’ claims

Real Estate News

Damian Eales told Real Estate News that he loves competition but takes issue with Homes.com’s traffic claims and says they have “disparaged” buyer agents.

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Thinking of Selling? You Want an Agent with These Skills

Keeping Current Matters

Selling your house is a big decision.

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2024 will be the year of the automated agent

Inman

Stop worrying that AI will replace you, MoxiWorks' York Baur writes. Start learning to use technology to your advantage by automating low ROI tasks.

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Empowering Veteran Homebuyers

RIS Media

Eighty years ago, Franklin Delano Roosevelt signed the Servicemen’s Readjustment Act (colloquially known as the G.I. Bill) into law. This law established programs that continue to serve veterans as they readjust to civilian life and reward them for their service to this country. Eight decades later, one of those programs continues to provide veterans with… The post Empowering Veteran Homebuyers appeared first on RISMedia.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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The long road to remote reverse mortgage counseling in Massachusetts

Housing Wire

From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. But as time dragged on and state lawmakers seemed unwilling to seriously entertain the proposal, the ravages of the COVID-19 coronavirus pandemic helped to change the dynamics of the situation.

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3 top takeaways from NAR’s legislative meetings

Real Estate News

Membership numbers defied expectations, while member dues and leadership announcements paint a picture of an association focused on stability.

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21 Tasks For Spring Home Maintenance: Tips You’ll Love

Maximum Exposure Real Estate

Your Spring Home Maintenance Checklist Would you like a spring home maintenance checklist to ensure things around your property are handled? As a homeowner, you always have plenty to do to care for your home. But there are better tasks during certain times of the year, and Spring is no exception. Some maintenance tasks should […] The post 21 Tasks For Spring Home Maintenance: Tips You’ll Love appeared first on Maximum Real Estate Exposure.

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Judge approves Keller Williams, Anywhere, RE/MAX settlements

Inman

The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won't quash other existing suits from buyers.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition

RIS Media

The National Association of REALTORS® today opened applications for the “Pitch Battle” competition taking place at the 2024 Innovation, Opportunity & Investment (iOi) Summit, the premier event for real estate technology. The sixth annual iOi Summit will take place Aug. 28-29 in Chicago, Illinois. The Pitch Battle competition, presented by NAR’s venture capital arm Second… The post NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition appeared first on RISMe

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Majority of recent homebuyers have regrets: survey

Housing Wire

A report released this week by St. Louis-based Clever Real Estate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025.

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Housing Market Decoded: The mortgage rate 'lock-in' effect

Real Estate News

Rates have gone up considerably in the past few years, but is the fear of losing a low-rate mortgage really keeping homeowners from selling?

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WA older adults fight isolation by rethinking senior housing

Seattle Times Real Estate

Intergenerational housing is a growing trend in the Seattle area. Its goal: Create opportunities for residents of all ages to socialize and support each other.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Virtual to brick-and-mortar: 5 brokerage models made for 2024

Inman

Take into account the way you like to work, your level of expertise and your desire for collaboration when considering the brokerage model that works best for you and your business.

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Bright MLS Releases Latest Mid-Atlantic Housing Update

RIS Media

Bright MLS, which covers the mid-Atlantic regions of the eastern United States, has published its latest report chronicling changes (and continuity) in the region’s housing markets. The report suggests that despite new listings, rising mortgage rates and prices continue to exclude potential buyers–affordability is defined as the central concern for the real estate market. “More… The post Bright MLS Releases Latest Mid-Atlantic Housing Update appeared first on RISMedia.

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Steve Resch talks about financial planner relationships for reverse lenders

Housing Wire

Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America , knows a lot about the intersection between the interests of financial planning professionals and reverse mortgage industry members. Financial planners have been, and remain, one of the most sought-after referral partnerships for reverse mortgage professionals to establish ties with.

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Mortgage rates ease, but buyers still aren't getting a break

Real Estate News

After five weeks of increases, rates pulled back slightly, but rising home prices and record-high mortgage payments continue to hamper affordability.

Mortgages 230
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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Where are Seattle’s first-time homebuyers? Some are leaving town

Seattle Times Real Estate

What the trinity of heavy demand, flagging supply and sharp interest rate hikes means for first-time homebuyers and the future of the city.

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Meet a high-touch underdog taking on the search portal Goliaths

Inman

Movoto may be a familiar name, but under OJO's ownership the brand is quietly embarking on a David-and-Goliath struggle for a place in the portal pantheon.

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FBS Welcomes 4 New Customers to the Flexmls® Platform

RIS Media

FBS, leading provider of MLS technology, announces the addition of Northwest Indiana Realtor Association (NIRA), Great Smoky Mountains Association of Realtors (GSMAR), Mexican Association of Real Estate Professionals (AMPI), and Ulster County Board of Realtors (UCBR) to the Flexmls® platform, signaling a strong start to the year on the heels of an impactful 2023.

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FSOC recommends more regulation and liquidity for nonbank servicers

Housing Wire

A recently published report by the Financial Stability Oversight Council (FSOC) identified vulnerabilities at nonbank mortgage servicers that pose risks to financial stability. It recommended increased regulation and initiatives to improve these companies’ liquidity during moments of stress, but mortgage trade groups have different reactions to the proposals.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.