Housing Wire
JANUARY 2, 2025
Rising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays. Mortgage demand declined 21.9% from two weeks earlier during the week ending Dec. 27, the MBA reported.
Inman
JANUARY 2, 2025
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall.
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Housing Wire
JANUARY 2, 2025
Today, the jobless claims data again showed why mortgage rates continue to be elevated, confirming that the labor market isnt breaking. The labor market is getting softer but hasnt broken yet, as it has before every recession post World War II. Mortgage rates have remained mostly in a range over the past two years, fluctuating between 6% and 8%. In late 2022, global markets faced turmoil and economic indicators suggested a weakening economy, leading the 10-year yield to drop to around 3.37% befo
Inman
JANUARY 2, 2025
In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin's analysis.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling
Housing Wire
JANUARY 2, 2025
Home Equity Conversion Mortgage (HECM) endorsements saw a healthy increase in October 2024. They jumped by 11.3% to 2,392 loans for the month, according to data compiled by Reverse Market Insight (RMI). But after additional data about the month of October was released, one metric of reverse mortgage industry performance HECM case number assignments from the Federal Housing Administration (FHA) saw a surprising increase at that time.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
BAM Media
JANUARY 2, 2025
Youve heard it said countless times: real estate is a relationship-based business. But what does that really mean in practical terms? Essentially, it indicates that: To succeed in real estate, you need to build and nurture relationships. To build relationships, you need to get to know people. To know people, you need to have conversations with them.
RIS Media
JANUARY 2, 2025
As we bid adieu to the listless 2024 residential real estate market, will business boom for you in 2025? With a new presidential administration and improved economy, homeowners who have made impressive equity gains may finally decide to move for various reasons, easing inventory woes. As such, here are four new homebuyer trends for the… The post 4 New Homebuyer Trends Expected to Emerge in 2025 appeared first on RISMedia.
Keeping Current Matters
JANUARY 2, 2025
You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?
Marco Santarelli
JANUARY 2, 2025
Mortgage rates have risen today, January 2, 2025, making it essential for potential homebuyers to stay informed and make smart financial decisions. As per the latest data from Zillow , the average 30-year fixed mortgage rate has climbed to 6.70% , while the 15-year fixed rate has increased to 6.10%. The rising rates may present challenges, but understanding the trend can provide some clarity for those looking to navigate this complex market.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Real Estate News
JANUARY 2, 2025
Watch the conversation with The AI Guys as they talk philosophy and humanity and explain key ways agents can leverage AI to expand their business.
Fancy Pants Homes
JANUARY 2, 2025
In one of the most sought-after enclaves in Southwest Austin, the prestigious gated community of Spanish Oaks — famous for having one of the best private golf courses in all of Texas — a glam new listing is looking for its future owners. Freshly remodeled and priced at $8,995,000, the elegant home at 5009 Spanish Oaks Club Blvd is listed with Peyton Thompson of The Agency Austin and is jam-packed with amenities.
Real Estate News
JANUARY 2, 2025
Feel like you couldnt keep up with all the news last year? Take a moment to look back at some key stories that will continue to play an important role.
RIS Media
JANUARY 2, 2025
Above, Tony Ketterling As we continue to adapt to todays post-settlement environment, real estate professionals across the board are rising to the challenge as they double down on their commitment to communication, negotiation, marketing and professionalism. To keep their businesses thriving, agents and brokers alike are having to prove their worth to clients more so… The post Getting Ahead of Industry Curves appeared first on RISMedia.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Inman
JANUARY 2, 2025
Learn how this award-winning team got started, where they've been challenged, and what they'd suggest to other teams and team leads just starting out.
Real Estate News
JANUARY 2, 2025
While rates have risen by nearly a percentage point since late September, buyers appear to have recalibrated expectations and home sales have improved.
RIS Media
JANUARY 2, 2025
As the pace at which technology tools infiltrate the real estate industry continues to accelerate, agents and teams have struggled to get the most out of their technology investments. Applications are often too cumbersome and rigid for agents and brokers alike, and with too much time required to understand new technology and not enough results,… The post Are Traditional CRMs on the Brink of Extinction?
Propmodo
JANUARY 2, 2025
Gas stoves have taken a big reputation hit lately. Once viewed as a luxury feature, gas ranges have come under fire in recent years after studies showed that they contributed to unhealthy indoor air quality. These kinds of stoves have also been criticized for being less sustainable than electric stoves. The gas backlash garnered so much attention that it led to changes in the law in some places.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Brownstoner
JANUARY 2, 2025
The latest affordable housing lottery to open for a new development made possible by the Gowanus rezoning is for the still under-construction 499 President Street Apartments. The nine-story development, which wraps around the Royal Palms Shuffleboard building between Nevins and Union streets, comprises 350 apartments in total. Included in the lottery… Read More > The post Affordable Housing Lottery Opens in Gowanus With $784 Studios appeared first on Brownstoner.
RIS Media
JANUARY 2, 2025
An incredibly high rate of buyers start their search online. So, when it comes to attracting buyers to your listing, there are certain mistakes that you cant afford to make. Lets explore four red flags that will send potential buyers running from your listing. 1. There are no interior photos Many agents assume that omitting… The post 4 Online Listing Red Flags That Will Send Buyers Running appeared first on RISMedia.
Brownstoner
JANUARY 2, 2025
Boasting some attractive vintage features, this no-fee two-bedroom has come down a bit from when it was first listed for rent. The apartment sits on the fourth floor of 68 Middagh Street, a 10-unit, five-story walkup. With some rent regulated units, the apartment house last changed hands in 2021, public… Read More > The post No-Fee Heights Prewar With Two Bedrooms, Arches Asks $3,900 appeared first on Brownstoner.
RIS Media
JANUARY 2, 2025
While mortgage rates moved higher over the last weeks of 2024 and home purchase applications have declined, housing activity through the end of the year over the holidays saw its typical lull in both buying and refinancing activity. According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday, mortgage rates hit… The post Mortgage Rates Reach Highest Point Since July appeared first on RISMedia.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
BAM Media
JANUARY 2, 2025
BAM Key Details: Clever Real Estates latest survey reveals a $27,000 gap between buyers and sellers price expectations for 2025, with first-time buyers expecting to pay $82,000 less than sellers anticipate. While 74% of sellers say theyd pull their home off the market if they dont get their desired price, 35% of buyers wont pay asking or above. Plus, 72% of sellers expect to close in under four months, while 58% of buyers foresee a longer timeline.
Inman
JANUARY 2, 2025
2025 will be a year of major change if artificial intelligence is deployed to improve the consumer experience, construction and apartment living, Inman technology expert Craig Rowe writes.
Marco Santarelli
JANUARY 2, 2025
Ever felt like you're staring into the abyss when thinking about a 30-year mortgage? Youre not alone. Its a huge commitment, and while that monthly payment might seem manageable, the total cost of a mortgage over 30 years can be eye-watering. In simple terms, you usually end up paying significantly more than the original price of your house, thanks to the interest.
Inman
JANUARY 2, 2025
Five years after founding the LGBTQ+ Real Estate Alliance, Ryan Weyandt has stepped down from his leadership role with the group. The Alliance has named Mary Mancera as its interim chief executive officer.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Eye on Housing
JANUARY 2, 2025
Private residential construction spending edged up by 0.1% in November 2024, according to the latest U.S. Census Construction Spending data. Year-over-year, the November report showed a 3.1% increase. The monthly increase in total private construction spending was primarily driven by higher spending on single-family construction and residential improvements.
Inman
JANUARY 2, 2025
This year, Inman highlighted 19 dynamic teams in its recurring Teams Spotlight column. We've rounded them all up in one place. Here's a look back at 2024.
Calculated Risk Real Estate
JANUARY 2, 2025
Note: The Freddie Mac index is a repeat sales index using only loans purchased by Fannie and Freddie and includes appraisals. See FAQs here. Freddie has data for all states and many cities. For house prices, I’m currently following Case-Shiller, FHFA, CoreLogic, ICE, the NAR median prices, and this Freddie Mac index. Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.56% month-over-month on a seasonally adjusted (SA) basis in November.
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