Fri.Sep 03, 2021

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Judge lets NAR, Zillow lawsuit proceed

Housing Wire

A lawsuit that alleges the powerful National Association of Realtors and home listings giant Zillow illegally conspire to snuff out competition has survived NAR and Zillow’s motion to dismiss the case. Federal judge Thomas Zilly issued a written order Thursday that found the complaint by real estate brokerage REX plausibly claims, “brokerages, agents, and even customers have no choice but to comply with NAR’s so-called optional rules.”.

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Your Agent Is Key When Pricing Your House [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Pricing your house right takes market experience and expertise. To find the best list price , your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition. If you’re ready to sell, don’t guess on the price. Reach out to your local real estate advisor today to price your house to attract multiple offers and maximize your return on investment.

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Housing analyst Logan Mohtashami to speak at HW Annual

Housing Wire

The past 18 months have been full of twists and turns for the housing economy. From record low interest rates to inventory shortages and soaring home prices, the pandemic has been keeping the industry on its toes. That’s why HousingWire asked Lead Analyst Logan Mohtashami to speak on the economics of housing at HW Annual, where he will share his forecast of what to expect next. .

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Luxury Real Estate Headlines: First Week in September 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Newport, Rhode Island | Kylie McCollough, Mott & Chace Sotheby’s International Realty . Located near the iconic Cliff Walk and town, the idyllic hotel is known as The Architect’s Inn. Cue storytime. The structure itself is called The George Champlin Mason House after George C.

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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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How mortgage servicers can increase visibility into their portfolios

Housing Wire

Whether you’re a tax assessor, collector, title company, originator or loan servicer, there is no unified source of truth pertaining to ever-changing collateral characteristics and risks. There needs to be better visibility and insight into those changes across the ecosystem. CoreLogic’s DigitalTax Portfolio Monitoring is powered by the company’s data, which is backed by a set of people who are dedicated in partnering with various types of government entities to procure more robust data sets, mo

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August jobs numbers are bad, but there’s a silver lining

Housing Wire

The U.S. economy produced just 235,000 new jobs in August, far below economists’ expectations of 725,000 jobs. It was the slowest month of growth since January 2021. Roughly one million jobs were produced in the months of both June and July. “There’s no question that the Delta variant is why today’s job report isn’t stronger,” President Joe Biden said Friday.

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Toronto Real Estate Prices Make The Biggest Monthly Drop In Nearly A Year

Better Dwelling

Greater Toronto real estate has been slowing down, but the city seems to be slowing much faster. Toronto Regional Real Estate Board (TRREB) data shows mixed home price moves in August. Toronto’s suburbs, aka the 905, continued to print gains, while prices in the City fell. Both regions showed a second month of deceleration for […]. The post Toronto Real Estate Prices Make The Biggest Monthly Drop In Nearly A Year appeared first on Better Dwelling.

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Job Gains Slow in August Amid Delta Variant Surge

Eye on Housing

Total payroll employment rose by 235,000 in August, marking a significant slowdown from the previous month. Meanwhile, the unemployment rate dropped to 5.2% in August, the lowest point during the pandemic. In August, residential construction employment rose by 17,400, while non-residential construction lost 20,300 positions, reflecting declines in builders (-2,800), nonresidential specialty trade contractors (-9,200) and heavy and civil engineering.

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Delta Variant Dangers: 3 Tips for Safely Selling Your Home

Realty Biz

During the height of the COVID-19 pandemic, the housing market made a surprise move by continuing its hot streak. Now that the housing supply is even lower due to a year-long gap in housing construction, the U.S. housing market is set to get even hotter. Unfortunately, that doesn’t mean the COVID-19 pandemic is over. With the Delta variant making its rounds across the country and posing a major risk to those who are unvaccinated, it’s important for home sellers to keep their safety a

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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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Conventional Loans: Greatest Share of New Sales Since 2008

Eye on Housing

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed 76.3% of new home sales in the second quarter of 2021—the largest share since the beginning of the Great Recession in 2008. The share of sales backed by conventional loans in Q2 2021 increased 5.1 percentage points (quarter-over-quarter) from.

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Mortgage and refinance rates today, Sept. 3, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched higher yesterday. But the increase was so small that many lenders won’t have changed their rates, and will instead have increased […].

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iBuyer Offerpad Debuts as Publicly Traded Company Following Merger With Acquisition Company

RIS Media

iBuyer Offerpad debuted as a publicly traded company this week after completing a deal with special purpose acquisition company Supernova Partners to take the company public.The newly formed company, “Offerpad Solutions,” began trading Thursday on the NYSE under the symbol OPAD, and expects to use proceeds of approximately $284 million from the transaction to accelerate market expansion, to invest in technology and product development, to pay transaction expenses and for other general corporate

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Pandemic Halts J’Ouvert and West Indian Day Parade for Another Year

Brownstoner

The J’Ouvert parade has been canceled for the second year, and the West Indian American Day Carnival will happen in a smaller version with a virtual component, due to renewed concerns about the spread of COVID-19, organizers behind the two major Caribbean-American celebrations said Monday. “As keepers of this beautiful culture… Read More > The post Pandemic Halts J’Ouvert and West Indian Day Parade for Another Year appeared first on Brownstoner.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Courts Keep REX Lawsuit Against NAR and Zillow Alive

RIS Media

Zillow and the National Association of REALTORS® (NAR) legal battle with REX has resurfaced after a U.S. District Court judge denied calls to dismiss the latter’s antitrust lawsuit case. In a September 3 ruling, Judge Thomas Zilly denied NAR and Zillow’s motions to dismiss REX’s lawsuit alleging that the online marketplace gives preferential treatment to NAR broker listings. “Although NAR argues [unsuccessfully] that Plaintiff lacks constitutional standing, and suggests t

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A Ditmas Park Colonial Revival With Garage and Three Others to See This Labor Day Weekend

Brownstoner

Unusually for a Labor Day weekend, brokers are holding open houses -- by appointment, as per usual these days. Found in Ditmas Park, Windsor Terrace, Bay Ridge and Dyker Heights, they range in price from $1.09 million to $2.875 million. In the Ditmas Park Historic District, a circa 1906 Colonial Revival… Read More > The post A Ditmas Park Colonial Revival With Garage and Three Others to See This Labor Day Weekend appeared first on Brownstoner.

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‘The Happiness Cluster’: How to Attract Success

RIS Media

When I was growing up, my mother used to tell me, “Show me who your friends are, and you show me who you are.” It was her way of telling me to be careful who I hung out with. The Happiness Cluster. I wrote a book a while ago about designing a life worth smiling about , and it was based on scientific research behind the neurology of smiling.

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$25K Iowa Home With ‘Creepy Feel’ Goes Viral Thanks to Honest Listing

Realtor.com

This forlorn three-bedroom house in Iowa was sitting on the market with no one looking at it. A brutally honest listing description changed that in a hurry. The post $25K Iowa Home With ‘Creepy Feel’ Goes Viral Thanks to Honest Listing appeared first on Real Estate News & Insights | realtor.com®.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Daily Links: Effects of Hurricane Ida Floods Continue to Reverberate Throughout Brooklyn

Brownstoner

In the News Storm Deaths Highlight a Shadow World of Basement Apartments [NYT] In Cypress Hills, Neighbors Tried to Save Neighbors [NYT] New York Passes Bill Extending Eviction Moratorium to January [NYT] Could Gowanus Canal’s ‘Black Mayonnaise’ Problem Sink Rezoning? [Guardian] Brooklyn Small Businesses Face Another Devastating Blow From Floods [BP] Dead Body Found Floating in… Read More > The post Daily Links: Effects of Hurricane Ida Floods Continue to Reverberate Throughout Brookly

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Homeownership Tenure Shifting: ERA Analyzes Broker Response

RIS Media

ERA® Real Estate released a new thought leadership report examining how homeownership tenure affects the industry. The “ Homeownership Tenure and the Impact on the Real Estate Industry ” report draws on observations and insights from ERA-affiliated brokers across the country about how increasing homeownership tenure has impacted their business in the past, how they have responded and their views on what may follow in 2021 and beyond.

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5 Sounds Your HVAC System Should Never Make

RISMedia

By Anita Ginsburg You probably recognize the typical low, blowing sounds your HVAC system makes. However, sometimes, it can make irregular sounds. When it makes a sound you haven't heard before or that doesn't seem quite right, you may choose to ignore it, perhaps thinking it will eventually go away. But this could be a […]. The post 5 Sounds Your HVAC System Should Never Make appeared first on RISMedia's Housecall.

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5 Tips to Effectively Stage Your Home This Fall

American Lifestyle

The post 5 Tips to Effectively Stage Your Home This Fall appeared first on American Lifestyle Magazine.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Zillow debuts children’s book to help kids deal with moving

Realty Biz

As more families move to homes that better suit their evolving needs, Zillow has created a children’s e-book to help parents make the transition easier for their families. The Girl Who Didn’t Want to Move chronicles a move by a fictional young girl named Iris, her parents and her special friends, Jupitus and Annika. Made in partnership with creative agency FIG, the e-book tackles what it means to move to a new home, what to expect, and the complicated mix of emotions that comes with

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When Should You Hire a Surveyor?

RIS Media

A surveyor is a professional who determines the exact location of a property line. Many homeowners don’t know the boundaries of their yards and operate under erroneous assumptions. That can lead to disputes between neighbors that are stressful, costly and preventable. . You Need to Know the Location of the Property Line Before You Build. If you’re thinking about building an addition or constructing a fence, you need to know exactly where the property line is so that you don’t accidentally encroa

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Carlsbad Low-Income Housing

BubbleInfo

Let’s also mention Carlsbad’s efforts to meet state requirements for low-income housing: [link] CARLSBAD — Affordable housing is a challenge for many cities as the housing crisis rages statewide. But the Carlsbad City Council chipped away at its state-mandated affordable housing requirements by approving 70 units for very-low to low-income households during its Aug. 31 […].

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Berkshire Hathaway HomeServices Adds Affiliate in Bahamas

RIS Media

LX Bahamas Luxury Realty Group is now part of the Berkshire Hathaway HomeServices global brokerage network and will operate as Berkshire Hathaway HomeServices Bahamas Real Estate. The company will add one office and 19 agents and will service the islands of New Providence, Paradise Island, Eleuthera and Exuma. “We have assembled an elite team of experienced, top tier real estate agents and support staff to ensure unparalleled service and world-class results that represent the Berkshire Hathaway

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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.