Housing Wire
NOVEMBER 6, 2024
The trend of innovative software solutions and artificial intelligence (AI) tools continue as the real estate industry competes for speed and efficiency. New England -based MLS Property Information Network (MLS PIN) is following these footsteps with its latest partnership. MLS PIN announced a partnership with Restb.ai on Monday to bring advanced AI features to its web-based Pinergy MLS system.
Inman
NOVEMBER 6, 2024
Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis.
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Housing Wire
NOVEMBER 6, 2024
Fathom Holdings , the parent company to Fathom Realty , announced a new promotion in its executive leadership team. On Wednesday, the firm hired former senior vice president of finance Joanne Zach as chief financial officer. After starting with Fathom in 2021, the new CFO worked directly alongside CEO Marco Fregenal for three years, collaborating on strategic planning and key financial decisions.
Real Estate News
NOVEMBER 6, 2024
Home listings on the Flyhomes search portal now show the breakdown of recent presidential and congressional voting trends in any given community.
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Housing Wire
NOVEMBER 6, 2024
Guild Holdings Co. , the parent company of Guild Mortgage , sustained a $66.9 million loss in the third quarter of 2024 after delivering a profit of $37 million in the prior quarter. Meanwhile, its origination volume increased to $6.9 billion, up 6% from the second quarter and 49% higher than the same period in 2023. This led its originations segment to “profitable” results, according to CEO Terry Schmidt.
Inman
NOVEMBER 6, 2024
Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal's mortgage business hit $39 million, a 63 percent increase from 2023.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
NOVEMBER 6, 2024
You may be hearing a lot of talk about the Federal Reserve (the Fed) and how their actions will impact the housing market right now. Here’s why.
Real Estate News
NOVEMBER 6, 2024
In the short term, expect "rising and more unpredictable mortgage rates." But the Fed will likely stay the course and issue a modest rate cut this week.
RIS Media
NOVEMBER 6, 2024
The first-time homebuyer marketshare decreased to a historic low of 24% (down from 32% last year), while homebuyers’ ages hit all-time highs of 56 overall (49 last year), 38 for first-time buyers (35 last year) and 61 for repeat buyers (58 last year), according to the National Association of REALTORS®’ (NAR) 2024 Profile of Home… The post First-Time Homebuyers at Historic Low, While Buyer Age Hits Record High appeared first on RISMedia.
Real Estate News
NOVEMBER 6, 2024
HUD and FHFA executives spoke recently about ways the federal government should get more involved in issues like zoning, mortgages, insurance and appraisals.
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.
HomeLight
NOVEMBER 6, 2024
Buying a home is exciting, but securing a good mortgage rate can be challenging, especially when the housing market feels unsettled or unpredictable. But when you’re shopping for a home, what is a good mortgage rate? In this guide, we’ll explain what influences mortgage rates and what might qualify as a “good” rate based on historical trends and your goals as a homebuyer.
RIS Media
NOVEMBER 6, 2024
Mortgage applications continued their rapid decline for the fifth straight week, with pressure from rising mortgage rates continuing to plague homebuyers and keep them out of the market. Applications decreased 10.8% from one week earlier, according to the MBA’s Weekly Applications Survey for the week ending Nov. 1, 2024. Joel Kan, MBA’s vice president and… The post MBA Reports Fifth Straight Week of Decline in Mortgage Applications appeared first on RISMedia.
Brownstoner
NOVEMBER 6, 2024
A two-bedroom in a 1920s Finnish co-op sports high ceilings, parquet, and intact details along with a recently updated kitchen and bath. In move-in condition, the walkup is on the 3rd floor of 848 43rd Street, a four-story, 36-unit complex just outside the historic district. Built by the Advance Homes… Read More > The post Sunset Park Finnish Co-op With Parquet, Seven Closets Asks $499K appeared first on Brownstoner.
RIS Media
NOVEMBER 6, 2024
Mike Fabbri just likes to make people happy. If he can get them into a home as their buyer agent or guide them to a closing as their seller agent, it’s win-win. But it’s his self-professed hobby as a matchmaker that gives him a unique identity. And on the occasion when he doubles up, helping… The post Meet the Matchmaking Agent Who Helps People Find Homes, Love or Both appeared first on RISMedia.
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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.
Marco Santarelli
NOVEMBER 6, 2024
As we approach 2025, the 5 hottest real estate markets for buyers and investors are garnering significant attention due to their unique characteristics and promising growth potential. Cities like Dallas, Miami, Houston, Tampa-St. Petersburg, and Nashville are leading the charge, thanks to factors such as a surge in population growth, economic stability, and affordable housing options.
RIS Media
NOVEMBER 6, 2024
Above, Shauna Fanning Shauna Fanning REALTOR® Lamacchia Realty, Inc. Braintree, Massachusetts [link] Region served: Boston’s South Shore area Years in real estate: 8 Favorite part of your job: The stories, and working with clients who are full of gratitude when they achieve their real estate dreams. What is the most significant trend affecting your business… The post A Strategic Approach to Achieving the American Dream appeared first on RISMedia.
Inman
NOVEMBER 6, 2024
With these AI-driven strategies at your fingertips, coach Darryl Davis writes, the path to becoming a more successful and efficient real estate agent is clearer than ever.
Eye on Housing
NOVEMBER 6, 2024
In October, mortgage rates reversed their recent downward trajectory, returning to levels two months earlier. According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage increased 25 basis points (bps) from September to 6.18%. The 15-year fixed-rate mortgage saw an even steeper increase of 34 bps to land at 5.60%. These increases coincided.
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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.
Inman
NOVEMBER 6, 2024
Regularly practicing detachment by honing healthy practices, broker Pam Blair writes, doesn’t necessarily change the outward outcome of events but can dramatically alter our internal experience.
BAM Media
NOVEMBER 6, 2024
BAM Key Details : The National Association of Realtors’ Q3 2024 report highlights how persistently low housing supply is driving affordability challenges, with median home prices rising 3% in September for the 15th straight month of year-over-year gains. In nearly 80% of major metro areas, housing supply fell short of demand, creating significant shortages in regions like New York, Honolulu, and Connecticut.
Inman
NOVEMBER 6, 2024
While metrics and KPIs reflect your company's performance, Leah McDonough writes, it's feeling valued and appreciated that defines company culture.
HomeLight
NOVEMBER 6, 2024
If you’re looking to sell your Arizona home, one of the best tools you can add to your arsenal is partnering with a trusted local real estate agent. The real estate market in Arizona is competitive, and selling a home is a complex process. A trusted local agent with a top real estate brokerage in Arizona can help you demystify the process and get you the best value for your property when it hits the open market.
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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.
Inman
NOVEMBER 6, 2024
In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce.
Estate Agent Today
NOVEMBER 6, 2024
A third of homes for sale on Zoopla are currently chain-free as investors and second homeowners have looked to sell amidst expected changes to the way second homes are taxed, the portal suggests.
Inman
NOVEMBER 6, 2024
Now that a year has passed, what's your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall?
RIS Media
NOVEMBER 6, 2024
One in 77 homes is vacant, for a total of 1.4 million residential “zombie” foreclosures nationwide, according to a new report from ATTOM Data. This figure has remained constant over the previous 11 quarters, according to the report. “Zombie” properties are those that are in the foreclosure process and have also been abandoned by the… The post Zombie Properties Remain at Historic Low Point in Resilient Market appeared first on RISMedia.
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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.
Bigger Pockets
NOVEMBER 6, 2024
Real estate investing could help you achieve your financial goals, whether it’s to make enough cash flow to replace your W2 income or build wealth for an early retirement.
RIS Media
NOVEMBER 6, 2024
As brokers establish new priorities and look for opportunities, it’s clear the old ways are fading. While some have left the past behind in a book of outdated practices, brokers are embracing challenges and searching for solutions to gain an advantage and win in this new age of real estate. Specifically, brokers are analyzing their… The post MLS as a Broker’s Strategic Partner appeared first on RISMedia.
Coldwell Banker
NOVEMBER 6, 2024
Platinum Award Winner in the Strategic Communications and Public Relations Research/Study Category The post Coldwell Banker Winner of 2024 MarCom Award appeared first on Coldwell Banker Blue Matter.
RIS Media
NOVEMBER 6, 2024
Well known for his prowess as a real estate executive, many also know Gino Blefari for his power to inspire and motivate, readily sharing his personal strategies for staying physically and mentally strong in the face of any challenge. During RISMedia’s 36th Annual CEO & Leadership Exchange in Washington, D.C., in September, where more than… The post The Exponential Power of Small Wins appeared first on RISMedia.
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