Housing Wire

JUNE 8, 2024

Given last week’s surprising jobs report, how much longer will we have to deal with higher mortgage rates ? The labor data will be the key to answering that question. It’s essential to track the labor data along with inflation because the key to getting lower mortgage rates for longer lies with the labor data more than inflation. That makes this week another one to watch since we will have CPI inflation and the Federal Reserve meeting results on Wednesday.

Mortgages 463

Mortgages As-is Banks Marketing 463

Keeping Current Matters

JUNE 10, 2024

If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress.

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Agents Sales 222

Real Estate News

JUNE 6, 2024

Watch the conversation with industry news leader Mitch Robinson as he offers advice for working with local news outlets to “tell your story in a proactive way.

Industrial 254

Industrial 254

Inman

JUNE 7, 2024

Four days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site.

Sales 177

Sales Technology Agents 177

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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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RIS Media

JUNE 6, 2024

Are you wondering how to set an accurate price for a home in rough shape? Selling a house in poor condition presents unique challenges, primarily in setting a price that reflects its current state and potential market value. I will provide tips for effective pricing strategies for such properties, unpack the factors influencing their valuation… The post Pricing Strategies for Houses in Poor Condition appeared first on RISMedia.

Marketing 136

Marketing Renovation Industrial Agents 136

Housing Wire

JUNE 5, 2024

The U.S. Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA). The Manufactured Home Community loan product will “will help entities to preserve, stabilize, and revitalize these vital sources of affordable housing,” the department explained.

Loans 507

Loans Finance Renovation Equity 507

Real Estate News

JUNE 8, 2024

New additions to the National Association of Realtors’ settlement FAQ page reinforce the idea that the client comes first, not the commission.

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Inman

JUNE 4, 2024

Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as "double ending.

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Agents Brokerage 178

Brownstoner

JUNE 7, 2024

On a recent Saturday, a crowd of around 50 people gathered outside 212 Jefferson Avenue in Bed Stuy to hold a mock trial against property speculator brothers Joseph and Elliot Ambalo, and others who target elderly or vulnerable homeowners in predominantly Black and brown neighborhoods. The mock trial, which included… Read More > The post Neighbors Organize Against Deed Theft, Call Out Investors Who Target Heirs appeared first on Brownstoner.

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Investor Land 122

Housing Wire

JUNE 7, 2024

Following a few days of declining bond yields and mortgage rates this week, the trajectory took a significant turn on Friday with the release of favorable labor data , sparking a notable increase in the 10-year yield, a key indicator for those in housing. The BLS jobs report shows the honey badger labor market woke up and once again chose violence this morning.

Mortgages 437

Mortgages Closing Land Construction 437

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Loans

Keeping Current Matters

JUNE 4, 2024

June is a busy month in the housing market because a lot of people buy and sell this time of year.

Marketing 264

Marketing 264

Real Estate News

JUNE 7, 2024

Industry leaders began sounding the alarm last week after seeing unlicensed data on a portal-like section of Microsoft’s search engine.

MLS 253

MLS Industrial 253

Inman

JUNE 4, 2024

Industry watchers are sounding the alarm about Microsoft's Bing Real Estate, a site that for several months has been reposting listings from Zillow, Realtor.com and Redfin without explanation.

Industrial 172

Industrial Technology Brokerage Agents 172

RIS Media

JUNE 7, 2024

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. As reported by Freddie Mac, mortgage rates have “pulled back.” After being above 7% the final week of May, the first week of June saw the 30-year rate slip down to 6.99%, while the 15-year… The post Mortgage Mix: Rates Slightly Down, Memorial Weekend Saw Application Adjustment appeared first on RISMedia.

Mortgages 120

Mortgages Industrial As-is Technology 120

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Housing Wire

JUNE 7, 2024

Home equity continued to rise in the first quarter of 2024 as residential properties with mortgages collectively gained $1.5 trillion in equity over the past year, according to a CoreLogic report released Friday. The average U.S. homeowner with a mortgage added $28,000 in equity during the year ending in March 2024 — the highest year-over-year increase since late 2022.

Equity 434

Equity Residential Mortgages Closing 434

Keeping Current Matters

JUNE 6, 2024

Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now.

Equity 231

Equity 231

Real Estate News

JUNE 6, 2024

Several commissions-related milestones are coming up, starting with the NAR settlement opt-in deadline in less than two weeks.

Industrial 249

Industrial 249

Inman

JUNE 7, 2024

Employers added 272,000 jobs in May, far exceeding the consensus view among economists that payrolls would rise by 180,000 and the average of 232,000 over the past year.

Mortgages 159

Mortgages Marketing 159

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.

Agents

Bigger Pockets

JUNE 7, 2024

After several years of escalating home prices amid tight inventory, as well as high interest rates that slammed the brakes on homebuying and investing, the first few dominoes appear to […]

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115

Housing Wire

JUNE 5, 2024

A report released Wednesday by Realtor.com shows that a key measurement of U.S. home values is growing faster that the more commonly viewed metric of listing price. The analysis revealed that, across the 50 largest U.S. metro areas, price per square foot rose by 52.7% during the five-year period ending in May 2024. By comparison, the national median list price for a home jumped 37.5% during the same period to its current level of $442,500.

Agents 455

Agents As-is Marketing 455

RIS Media

JUNE 6, 2024

Of course you would like seller clients to have their homes professionally staged if you think it needs it. But sometimes homeowners will not want to spend the money or agree to make drastic changes to rooms, especially if they are living there. Creative agents can at least make suggestions that cost little, but either… The post 4 Easy Ways Sellers Can Stage Their Houses Themselves at Little Cost appeared first on RISMedia.

Staging 118

Staging Agents Industrial 118

Real Estate News

JUNE 7, 2024

According to a new CoreLogic report, the typical homeowner saw their home equity increase by $28,000 over the past year.

Equity 246

Equity 246

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.

Agents

Inman

JUNE 4, 2024

"The Offer Mobile" is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor's instant offers to consumers' front doors.

Technology 165

Technology Marketing 165

Marco Santarelli

JUNE 9, 2024

The FDIC Problem Bank List is a confidential list maintained by the Federal Deposit Insurance Corporation (FDIC) in the US. It identifies banks that are considered to be at risk of failing financially. Here's a breakdown of what it is and how it works: Confidentiality: The list itself is not publicly available, which allows the FDIC to work with troubled banks discreetly to help them improve their condition.

Banks 105

Banks Land As-is Residential 105

Housing Wire

JUNE 7, 2024

Consumer attitudes toward the purchase of a home fell “markedly” in May, while the percentage of consumers who said it was a “bad” time to buy a home grew month over month from 79% to 86%, according to new survey data from government-sponsored enterprise (GSE) Fannie Mae. The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.5 points in May to 69.4, marking an all-time low in the measurement of consumer sentiment toward homebuying.

Mortgages 415

Mortgages Sales As-is Marketing 415

RIS Media

JUNE 4, 2024

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Summer is here, and it’s well known for its housing market boom that will bring everyone some new, much-needed business. While the boom affects everyone, marketing is always… The post Social Skills: How to Heat up Your Marketing This Summer appeared first on RISMedia.

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Marketing Agents Development Industrial 124

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Agents

Real Estate News

JUNE 4, 2024

The Austin-based MLS will roll out mandatory changes a few days early to help its members “own the moment” in August and beyond.

MLS 256

MLS 256

Inman

JUNE 7, 2024

RealReports goes beyond beds, baths and budget with an AI-backed solution for helping real estate agents better understand how what's around and in a home impacts its value.

Agents 145

Agents Sales Technology Marketing 145

BAM Media

JUNE 7, 2024

A lot of people ask me, “Eric, how do you stay up to date on all the changes that occur on social? How do you know so much about the Instagram algorithm, and how are you so jacked?” JK, nobody asks me that. But, I do imagine people wonder… So, in this blog I’m going to give you seven resources I use to stay up to date on all things social media: #1—Social Media Today SMT is a website/blog that fires out helpful updates like this all day every day: Source: Social Media Today If there’s an update

Agents 111

Agents Marketing As-is Industrial 111

Housing Wire

JUNE 6, 2024

Mortgage lending in the U.S. dropped by 6.7% in the first quarter of 2024 to 1.28 million mortgages secured by residential property, the 11th drop recorded in the past 12 quarters and the lowest level since the year 2000, according to the newest U.S. Residential Property Mortgage Origination Report compiled by data provider Attom. This decline contributed to a 4.8% reduction in residential lending activity compared to first-quarter 2023 and a 69.3% reduction since reaching a high point in 2021,

Lending 414

Lending Mortgages Residential Loans 414

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