Sun.Apr 21, 2024

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California Association of Realtors CEO resigns

Housing Wire

California Association of Realtors CEO John Sebree has departed the trade organization. In an announcement on Saturday, CAR said that Sebree was resigning to “pursue other opportunities. “On behalf of CAR’s leadership team and the Board of Directors, I’d like to thank John for his contributions and service as CEO and State Secretary for our organization.

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U.S. housing market paralyzed by lock-in effect | Analysis

Seattle Times Real Estate

For homeowners not looking to move anytime soon, the low rates they secured will benefit them for years to come. But for many others, those rates have become a complication.

Marketing 110
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Will Miami’s Housing Market Crash Due to Rising Mortgage Rates

Marco Santarelli

The recent surge in mortgage rates has sent shockwaves through the U.S. housing market , marking a pivotal moment for homeowners and prospective buyers alike. According to Freddie Mac , rates surpassed 7% for the first time in 2024, posing concerns for the already strained market. This development comes on the heels of a challenging period, with existing-home sales plummeting to a near-30-year low in 2023 due to escalating costs.

Mortgages 105
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Top 10 Brooklyn Listings: A Flatbush Co-op, a Williamsburg Row House

Brownstoner

The most popular real estate listings on Brownstoner this week include a Sunset Park row house, a Clinton Hill brownstone, and a Brooklyn Heights carriage house. Brooklyn Heights was popular this week with other listings scattered from Williamsburg to Sunset Park. The least expensive property on the list is a Flatbush… Read More > The post Top 10 Brooklyn Listings: A Flatbush Co-op, a Williamsburg Row House appeared first on Brownstoner.

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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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Is Texas a Good Place to Live: Explore the Cost, Jobs & Lifestyle

Marco Santarelli

The Lone Star State , with its vast landscapes, vibrant cities, and rich cultural tapestry, has long been a destination for those seeking new opportunities and a distinct way of life. But is Texas truly a good place to live ? This question is subjective, and the answer depends on individual preferences and priorities. However, by examining various factors such as the cost of living , quality of education , economic opportunities , and cultural experiences , here's an overview of what life in Tex

As-is 98
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5 Real Estate Deals Using Other People’s Money

Bigger Pockets

You want to invest in real estate, but you don’t have the money. Are you out of luck? Good news—money is NOT a dealbreaker.

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Why More Investors Are Building Wealth with “Walkable” Properties w/Jeff Speck

Bigger Pockets

Over the past few years, you’ve probably heard the term “walkability” thrown out.

Investor 101
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Rent-to-Own Homes in NYC: A Pathway to Homeownership

Marco Santarelli

New York City , a bustling metropolis that is home to over 8 million people , offers a diverse range of housing options. Among these, rent-to-own homes present a unique opportunity for potential homeowners. This alternative path to homeownership allows individuals to rent a property with the option to buy it after a certain period, providing time to build credit, save for a down payment, or simply decide if the house and neighborhood are the right fit.

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Crucial Questions to Ask an Agent and How to Negotiate Commissions

Bigger Pockets

Everyone knows how to find a real estate agent.

Agents 103
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Long Island’s Housing Crisis: Can New York Fix This Market

Marco Santarelli

Long Island , renowned for its scenic beauty and vibrant communities, faces an insidious challenge – a housing crisis that imperils its economic vitality. The region's ability to attract and retain vital workers is compromised as affordable housing options dwindle. Even high-earning professionals like cardiologists , with salaries exceeding $350,000, find themselves priced out of the market, as highlighted by Paul Connor, chief administrative officer at Stony Brook Eastern Long Island Hospital.

Marketing 111
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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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Are Fixed Rate Mortgages Crippling the Housing Market in 2024?

Marco Santarelli

Over the past couple of years, a peculiar phenomenon has gripped the US housing market , creating a state of stagnation unseen in decades. What's causing this standstill? According to the New York Times report , it's the lock-in effect fueled by fixed-rate mortgages , where homeowners find themselves in financial limbo, unable to take advantage of the current market conditions.