Sat.Dec 23, 2023

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The Ten: NAR determined to ‘rebuild trust’ in 2024 after a year of upheaval

Real Estate News

The massive trade organization showed cracks in the foundation as it confronted harassment allegations from the inside and legal threats from the outside.

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The biggest story of the year (according to you): The Download

Inman

The biggest story of the year was our liveblog coverage of the Sitzer | Burnett commission trial. Get caught up with a special end-of-year edition of The Download.

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Brokerage Beat: News from Century 21, eXp, Real, Christie’s

Real Estate News

Century 21 adds suburban Atlanta and Orlando brokerages; eXp teams merger “a game-changer” for Arizona; Carolina Sky joins Real; Turks & Caicos firm rebrands.

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What Is a Good ROI on Rental Property?

Bigger Pockets

A good ROI on rental property typically ranges from 6% to 10%, although this can vary with location, property type, and market conditions. In some areas, ROIs over 12% are possible, while in expensive urban locations, a 4% to 6% ROI may still be favorable.

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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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Heating It Up: 4 Homes with Cozy Fireplaces

Sotheby's International Real Estate

Whether centuries old and Southwestern in style or part of a sleek contemporary Southern California milieu, these fireplaces contribute both warmth and aesthetic panache to their surroundings. Southern California Sophistication Adrian Avila, Neyshia Go | Sotheby’s International Realty – Beverly Hills Brokerage Designed for the quintessential California lifestyle, this chic four-bedroom residence features sophisticated spaces with soaring ceilings, reclaimed beams, wide-plank wood floors,

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Are We Experiencing “Transitory Mortgage Rates”? What Does That Mean For Rates?

Bigger Pockets

In March 2021, Federal Reserve Chairman Jerome Powell said, “[T]hese one-time increases in prices are likely to have only transient effects on inflation.

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Smart Investing: The Advantages of Purchasing Before Selling

Realty Biz

Navigating the real estate market requires strategic thinking and, often, the courage to deviate from conventional wisdom. Among the myriad strategies available to homebuyers, one that stands out for its unique approach is purchasing a new home before selling the existing one. This method, though unconventional, can be a game-changer under the right circumstances.

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Kissimmee Housing Market Forecast 2024: Will it Crash?

Marco Santarelli

How is the Kissimmee housing market doing currently? Let us talk about the Kissimmee housing market , exploring its trends, and forecast for 2024. Median Sale Price on the Rise One of the most notable aspects of the Kissimmee housing market is the steady increase in the median sale price despite rising mortgage rates in 2023. According to Redfin, the median sale price for a home in Kissimmee was $336,000 , a 1.7% increase from the previous year.

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Top 5 Stories on Brownstoner This Week: Former Gowanus Brewery to Become Migrant Shelter

Brownstoner

An East Flatbush Row House With a Garage and Three More to See, Starting at $630K Our picks for open houses to check out this weekend are found in Clinton Hill, Bed Stuy, Midwood, and East Flatbush. They range in price from $630,000 to $1.799 million. -- Former Gowanus Brewery, Clinton Hill Warehouse… Read More > The post Top 5 Stories on Brownstoner This Week: Former Gowanus Brewery to Become Migrant Shelter appeared first on Brownstoner.

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The Best Holiday Gifts for Real Estate Clients and Colleagues

Agent Fire

This curated list of thoughtful and memorable gift ideas will help you strengthen relationships with your real estate colleagues and clients.

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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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Most and Least Expensive

BubbleInfo

Here are the 50 Largest U.S. Cities Household Spend, which breaks down comparative household bill costs across the fifty largest cities in the country. If you wanted to save money, where would you move?

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The 2023 housing market bent, but didn’t break

Housing Wire

As we approach Christmas day, we can only hope that the Federal Reserve now realizes their fear of 1970s-style inflation created a rate-hike cycle that disproportionately impacted the U.S. housing market and that they need to be pro-housing again. Even with all the drama we have dealt with in 2022-2023, the housing market stayed intact and never broke.

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Harrisburg Housing Market Forecast 2024: Will it Crash?

Marco Santarelli

How is the Harrisburg housing market doing currently? The Harrisburg housing market is one of the hottest in the country, with a median sale price of $189,000 in November 2023, up 27.3% from last year. According to Redfin , homes are selling quickly, with an average of just 8 days on the market. This is due to a number of factors, including a strong local economy, low unemployment, and a growing population.

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Fannie Mae’s Housing Market Forecast for 2024 and 2025

Marco Santarelli

Fannie Mae, a key player in the mortgage industry, has recently released its comprehensive housing market forecasts, offering insights into the trajectory of home sales and price growth through the years 2024 and 2025. Let's delve into the details of Fannie Mae's projections and the factors influencing the housing market. Overview of Fannie Mae's Forecasts Fannie Mae anticipates that lower borrowing costs will provide a boost to housing market activity.

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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.