Trending Articles

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FOA’s Resch on the evolution of reverse mortgages for financial planning

Housing Wire

Financial planners are an important referral source for reverse mortgage professionals, and Finance of America (FOA) vice president of retirement strategies Steve Resch has been at the head of the company’s conversations with planners to help them understand how much utility a reverse mortgage could have for improving a client’s retirement. In this second part of a recent discussion , Resch explains how financial planner conversations about reverse mortgages have evolved in recent years, a

Mortgages 366
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Keller Williams cancels plan to cut profit share for ex-agents

Real Estate News

President and CEO Mark Willis called the move “unprecedented," and said the vote by the company’s agent-led IALC passed by an “overwhelming majority.

Agents 263
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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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The Number of Homes for Sale Is Increasing

Keeping Current Matters

There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around.

Sales 239
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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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7 reasons great real estate agents will always be needed

Inman

Now is the time to expand your skill set, broaden your knowledge and provide value at a higher level than you’ve ever provided, Jimmy Burgess writes, so that you won't just survive, you'll thrive.

Agents 155
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WA homebuilding is slowing down, unlikely to keep up with growing need

Seattle Times Real Estate

State officials project Washington will need more than 1 million new homes in the next two decades. While overall housing production has soared, construction of affordable housing has not kept pace with the need.

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Builder confidence takes a hit as rates, costs remain high

Real Estate News

Sentiment drops for the first time since November, with persistent inflation and concerns about new federal rules dampening builders’ outlook.

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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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Mortgage rates headed under 7% on encouraging inflation data

Inman

Homebuyers have yet to respond in force to drop in rates, which have been in retreat from 2024 highs for three consecutive weeks following Fed easing and soft jobs and CPI reports.

Mortgages 168
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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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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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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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CoStar CEO says competitors are ‘going to adopt our model’

Real Estate News

Will Homes.com sell buyer agent leads? “Never,” says Andy Florance, who believes all the portals will eventually move to “your listing, your lead.

Agents 232
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Thinking of Selling? You Want an Agent with These Skills

Keeping Current Matters

Selling your house is a big decision.

Agents 254
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A missed opportunity at NAR midyear

Inman

On the heels of the National Association of Realtors’ midyear meeting, broker-owner Teresa Boardman wonders why NAR doesn’t livestream (and engage) more members.

Brokerage 177
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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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RE/MAX Publishes April 2024 Housing Report

RIS Media

RE/MAX has published its latest monthly report tracking updates to the national housing market (based on survey results of 50 metro areas). The report goes up to April 2024, which a press release noted is often the beginning of a summer pick-up for home sales. RE/MAX’s findings indicate this April won’t be any different. RE/MAX… The post RE/MAX Publishes April 2024 Housing Report appeared first on RISMedia.

Sales 113
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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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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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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.

Marketing 177
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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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Escrow Holdbacks vs. Repair Escrows: What’s the Difference?

RIS Media

Escrow holdbacks and repair escrows are common tools in real estate transactions, used to facilitate smooth property transfers under certain conditions. These financial arrangements help manage and mitigate risks associated with property conditions at closing. I will clarify the distinctions and similarities between escrow holdbacks for repairs and other types of escrow accounts.

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Mortgage advisory firms Stratmor Group, Teraverde merge

Housing Wire

Mortgage advisory firm Stratmor Group has merged with Teraverde , a mortgage advisory firm and technology solutions provider, in a deal that the companies say will allow them to expand the markets they serve and the depth of services provided. The terms of the deal were not disclosed. Both firms will operate under the Stratmor brand , the companies said in a statement on Friday.

Mortgages 373
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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?

Mortgages 244
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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.

As-is 126
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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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What should I tell clients? Question leads to free-for-all at NAR midyear

Inman

May 6 remarks from Anthony Lamacchia spurred at least one NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR's senior counsel to intervene.

MLS 150
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United Real Estate Announces New Vice President of Operations

RIS Media

United® Real Estate has announced its promotion of Leigh Ann Bogran to the position of vice president of operations. Bogran joined the team two years ago as director, strategic project management. In her previous role, she spearheaded operational and enterprise-level programs and services for United’s agents and brokerages. Bogran has 15 years of experience in… The post United Real Estate Announces New Vice President of Operations appeared first on RISMedia.

Brokerage 114
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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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‘More wiggle room’ for buyers as rates, supply show promise

Real Estate News

Squint and you can see a bright side as housing starts bounce back and mortgage rates drop a bit (but stubbornly stay above 7%).

Mortgages 236
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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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43% of Recent Home Buyers Struggle with Mortgage Payments

BAM Media

BAM Key Details: New research from Clever Real Estate, a St. Louis-based real estate company, shows more than two in five recent homebuyers struggle to make their mortgage payments, and 82% have at least one regret about their home purchase. 78% of upcoming buyers plan to work with a real estate agent, and 71% of those who bought a home in 2023 or 2024 used an agent.

Mortgages 111
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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.

Design 165
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Housing Starts Rebound in April, Rising 5.7% 

RIS Media

With the U.S. still experiencing a housing shortage due to construction halts from the COVID-19 pandemic, housing completions, and starts, should continue to push positive, as each showed true in April—and the need for housing remains everlasting. According to data released by the U.S. Census Bureau, housing starts reached a seasonally adjusted rate of 1.360… The post Housing Starts Rebound in April, Rising 5.7% appeared first on RISMedia.

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Chase Home Lending increases its closing guarantee

Housing Wire

Chase Home Lending , the consumer and commercial banking arm of JPMorgan Chase & Co. , has raised its closing guarantee from $5,000 to $20,000 until July 27, 2024, the bank announced on Thursday. The guarantee means that the bank promises an on-time closing on or before the contract closing date, or it will pay the homebuyer $20,000. This grant can be used to discount underwriting fees paid at closing, or to reduce the interest rate and down payment.

Lending 338
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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.