Expert Quotes on the 2024 Housing Market Forecast
Keeping Current Matters
DECEMBER 19, 2023
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024.
Keeping Current Matters
DECEMBER 19, 2023
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024.
Housing Wire
DECEMBER 19, 2023
Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest downturn in 2024. The group projects a return to growth in 2025. “Last week’s comments by Chairman Powell, as well as the Federal Reserve’s updated Summary of Economic Projections, suggest increased Fed confidence that a soft landing has been achieved and inflation is headed sustainably to 2%,” Doug Duncan, Fannie Mae’s senior vice president and chief
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Real Estate News
DECEMBER 19, 2023
Art Carter and Brian Donnellan, CEOs of the nation’s largest MLSs, are pals as well as colleagues, walking the talk of collaboration in challenging times.
Housing Wire
DECEMBER 19, 2023
Big Four title firm Fidelity National Financial and its subsidiary mortgage subservicer Loancare are facing a class action lawsuit alleging that they were negligent with customer data and that they breached their contract, after the firm was the victim of a cyber security attack in late-November. The suit was filed last Tuesday by Teneika Tillis, a Loancare servicing client, in U.S.
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Real Estate News
DECEMBER 19, 2023
The Department of Justice has inserted itself — again — in the Nosalek buyer-broker commissions case ahead of final settlement approval.
Housing Wire
DECEMBER 19, 2023
The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. In a letter filed on Monday, the DOJ told Judge Patti Saris that it had concerns about the second amended settlement agreement.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
DECEMBER 19, 2023
High-profile government actions against some of the nation’s largest financial firms for alleged violations of fair lending laws and loan servicing principles have sent a sobering message to industry CEOs and their boards: the buck stops at the top. We have entered a new regulatory era, one filled with expectations that a firm’s compliance with the letter and spirit of the law has the full attention of the C-suite and boardroom — not relegated to back-office compliance department functions.
Real Estate News
DECEMBER 19, 2023
Small cities in New Hampshire and Connecticut dominated the search portal's most popular markets for 2023.
Inman
DECEMBER 19, 2023
The good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking ready to come down significantly next year.
Brownstoner
DECEMBER 19, 2023
Under emergency contracts relating to the migrant crisis, and with little public oversight, warehouses in Gowanus and Clinton Hill are being converted into large homeless shelters that could potentially operate for years. A long-vacant former brewery building at 130 3rd Street in Gowanus is being converted into a 400-bed homeless… Read More > The post Former Gowanus Brewery, Clinton Hill Warehouse Slated to Become Migrant Shelters appeared first on Brownstoner.
Advertiser: Trellis
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Inman
DECEMBER 19, 2023
According to research, writes Nikki Beauchamp, by aligning yourself with those who complement your skill set and creating a systematic approach to networking, you can add targeted leverage to your real estate business.
RIS Media
DECEMBER 19, 2023
Editor’s Note: Real Talk is an ongoing video series featuring Joe Skousen, founder and CEO of Inside Real Estate, who interviews industry leaders regarding the outcome of the recent Burnett vs. NAR trial, along with other pressing issues affecting residential real estate. Episode #1 Nick Bailey President & CEO RE/MAX LLC Nick Bailey discusses the… The post Real Talk with Joe Skousen: Episode 1 – Nick Bailey appeared first on RISMedia.
Inman
DECEMBER 19, 2023
In the most recent edition of his Snapshot series, Brandon Doyle talks to Saul Klein about being at the forefront of technology and internet adoption in the residential real estate industry.
RIS Media
DECEMBER 19, 2023
The median U.S. asking rent fell $12 to $1,717 in November, the seventh consecutive month of year-over-year declines, according to a new report from Realtor.com. Realtor.com’s November Rental Report found that the median rent price was down $59 from the peak seen in July 2022, but still $313 (22.3%) higher than the same time in… The post Rent Prices Continue Seven Month Fall appeared first on RISMedia.
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Inman
DECEMBER 19, 2023
If you can let go of some of the control, writes Luke Babich, you can take advantage of exceptional upside potential when you invest through real estate syndications.
NAR: Economic Outlook
DECEMBER 19, 2023
Location and Demographics of "Returning" Buyers The key determinant impacting housing demand in these areas is the influx of additional buyers resulting from the decline in mortgage rates next year.
Inman
DECEMBER 19, 2023
Investing in real estate doesn't have to bring a big tax bill. In fact, there are plenty of ways to minimize your taxes while making healthy returns. Here are the top seven.
RIS Media
DECEMBER 19, 2023
Mortgage servicer Mr. Cooper, which suffered a significant cyber attack in late October, disclosed yesterday that malicious actors were able to access sensitive personal information belonging to “substantially all of our current and former customers.” According to a filing with the Maine Attorney General’s office, more than 14 million people were affected by the breach.… The post Mortgage Servicer Mr.
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
DECEMBER 19, 2023
Ahead of Inman Connect New York in January, the Brown Harris Stevens CEO shared with Inman her tips for navigating challenging economic terrain and what she's looking forward to at ICNY.
RIS Media
DECEMBER 19, 2023
Freddie Mac has released its 2024 Multifamily Outlook, which projects that the year ahead will bring positive growth despite continued headwinds for the multifamily industry, and that the long-term forecast for the asset class remains positive. The outlook indicates an elevated multifamily supply pipeline, with peak completions predicted in 2024, will moderate potential rent gains,… The post Freddie Mac Multifamily Outlook Forecasts Tempered Growth in 2024 appeared first on RISMedia.
Inman
DECEMBER 19, 2023
Seattle-based brokerage and mortgage lender Flyhomes announced another round of layoffs on Friday. The company had layoffs in July and November 2022, with one round impacting 20 percent of its workforce.
HomeLight
DECEMBER 19, 2023
A house can hold a lot of history. As a homebuyer, you probably want to know everything there is to know about the property you’re about to purchase. You might not know where to begin if you’ve never searched public records. Here’s how to search property records and navigate the online and offline documentation — including what you might want to investigate.
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
DECEMBER 19, 2023
Housing starts jumped 14.8 percent between October and November to a seasonally adjusted annual rate of 1.56 million. That's 9.3 percent higher than they were in December 2022.
RIS Media
DECEMBER 19, 2023
South Carolina affiliate CENTURY 21 803 Realty has merged with the neighboring office EXCEL Real Estate. The brokerage will do business as CENTURY 21 Excel in tandem with its new partner; their combined operation will maintain six offices and 200 agents across South Carolina. EXCEL Real Estate founders, husband and wife team Candice and Kenny… The post South Carolina Century 21 Affiliate Leads Partnership appeared first on RISMedia.
Inman
DECEMBER 19, 2023
Entrepreneurship requires fundamental changes, no matter what your previous occupation may have been. Broker Nick Schlekeway outlines the seven lessons you'll need to learn to be successful.
RIS Media
DECEMBER 19, 2023
Housing starts continued their three-month rise, following a 7% gain in September and a 1.9% gain in October, according to a new report from the National Association of Home Builders (NAHB) using data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Housing starts rose 14.8% in November, as NAHB… The post Housing Starts See Large Gains in November appeared first on RISMedia.
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Inman
DECEMBER 19, 2023
Landing is now partnering with personal identity verification company CLEAR to shrink the time needed for its tenants to move from place to place.
RIS Media
DECEMBER 19, 2023
Above: Tracy Kasper In her most detailed comments regarding the state of the residential real estate industry since the Burnett vs. NAR federal class action lawsuit, National Association of REALTORS® (NAR) President Tracy Kasper stressed that buyer agents are still as vital to the home-buying process as ever, and cautioned that any deemphasizing of them… The post NAR President: Regardless of Burnett Verdict, Buyer Agent Still a Must for Most appeared first on RISMedia.
Inman
DECEMBER 19, 2023
Once valued at $47 billion, WeWork attorneys argue that releasing the names of its 600,000 clients would allow office landlords to poach customers.
RIS Media
DECEMBER 19, 2023
‘Tis the season to connect and celebrate! Strengthen your client relationships effortlessly this holiday season with quick, personalized social media posts through the NAR + Photofy app. Explore our newly released social templates, featuring holiday themes and assets from the “That’s Who We R” campaign. Download the app! A tactical guide for buyers’ agents Do… The post Use Quick, Personalized Posts to Connect With Prospective Clients appeared first on RISMedia.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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