Housing Wire
NOVEMBER 15, 2024
Jerome Powell , the chair of the Federal Reserve , said on Thursday that the U.S. economy is “not sending any signals that we need to be in a hurry to lower rates.” The statement was enough to raise mortgage rates to an even higher level, a sharp departure from the optimism lenders experienced during the September rally, which now seems like a distant memory.
Inman
NOVEMBER 15, 2024
The 52-story hotel at 57 East 57th Street had been shuttered during the pandemic, with the property temporarily repurposed to house first responders, only to later have its staff furloughed. However, the reason for its extended closure remains undisclosed, though reports suggest ongoing disputes between Warner and the Four Seasons Hotels and Resorts Management company, which manages the properties.
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Housing Wire
NOVEMBER 15, 2024
The housing bubble crash theory has failed once again as we approach the end of 2024, but it’s always important to know why something didn’t happen. This week, we got the updated New York Fed credit data report and it shows the strong position of homeowners — especially in comparison to the years before the Great Financial Crisis. This is the kind of information you need as we get close to Thanksgiving and share the dinner table with Uncle Dave who says (for the 13th year) that we’re seein
Real Estate News
NOVEMBER 15, 2024
Broker and real estate influencer Anthony Lamacchia told agents at NAR NXT that it’s “ridiculous” what the DOJ has been “doing to our industry” in recent years.
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
NOVEMBER 15, 2024
Homebuyers who are part of Generation X — primarily born between the mid 1960s and the early 1980s — should keep accessibility features in mind as they approach retirement, since Americans are increasingly looking to age in place in their own homes once their time in the workforce is complete. This is according to a recent article at the Boston Globe that took a closer look at the kinds of homes that those currently in their mid-to-late 50s may want to prioritize as they look to the future.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
NOVEMBER 15, 2024
MLSs are using AI technology to catch agents who attempt to circumvent the commission lawsuit settlement terms. Before the commission lawsuit settlements, “three” used to be the magic number for agents posting on multiple listings services (MLSs). But now it’s a dirty word. New business rules imposed by the proposed National Association of Realtors (NAR) antitrust settlement ban blanket offers of compensation to buyer agents on MLSs, which are sometimes 3% (but often lower).
RIS Media
NOVEMBER 15, 2024
Despite pushback from brokers, the city council of New York City approved a significant change to how real estate brokers and agents are paid for rentals in the city’s unique real estate market, shifting the cost to landlords, which aligns with how nearly every other metro conducts transactions. With overwhelming support from the council but… The post NYC City Council Passes Bill Forcing Landlords to Pay Own Broker Fees appeared first on RISMedia.
Housing Wire
NOVEMBER 15, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. You’re probably aware that each state has its own real estate license requirements, unique laws and regulations around real estate licensure. So, should you want or need to move to another state, does this doom you to a life of re-taking exams?
RIS Media
NOVEMBER 15, 2024
Weichert Real Estate Affiliates, Inc. has announced the company recently recognized the longest-tenured companies in its national franchise system by presenting them the Icon and Legacy Awards at last month’s national Leadership Retreat held on Hilton Head Island in South Carolina. According to the release, five affiliates were honored with the Icon Award, which recognizes… The post Weichert Honors Longest-Tenured Franchisees appeared first on RISMedia.
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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.
Housing Wire
NOVEMBER 15, 2024
While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. That’s right, there are Black Friday home sales! The Ohio-based builder is offering discounts of up to $20,000 on select homes in Greater Houston , along with no-cost 2/1 rate buydowns , and slashing prices by as much as $93,850 in other markets like Chicago.
RIS Media
NOVEMBER 15, 2024
Above, Jon Acuff “A crisis will filter out people who are casual and encourage true professionals to rise to the challenge. The excellent are going to rise and build during this moment and come out of this even stronger.” If there was ever a more accurate word to describe what the real estate industry has… The post Best-Selling Author Offers Masterclass in Leadership in New Buffini Certification Program appeared first on RISMedia.
Housing Wire
NOVEMBER 15, 2024
Rocket Companies ’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and an expanding servicing portfolio. When mortgage rates dropped into the low 6% range in early September, most lenders struggled to truly capitalize on the two-week window.
RIS Media
NOVEMBER 15, 2024
UCO—a subsidiary of Stellar MLS—has entered into a landmark agreement with the National Association of REALTORS® India as an advisor to successfully launch an MLS across India. Founded in 2008, NAR India is a nonprofit organization that facilitates the professional development of its members and promotes the highest standards and accreditation in the national real… The post UCO Signs Agreement with NAR India As Advisor to Develop a National MLS 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.
Housing Wire
NOVEMBER 15, 2024
The leadership changes at Zillow are continuing. On Thursday the firm announced that Zillow Group President Susan Daimler is stepping down. Daimler joined Zillow through its acquisition of Buyfolio in 2012. Since joining Zillow Group she has served as senior vice president and general manager of StreetEasy , and senior vice president over the Premier Agent program.
Brownstoner
NOVEMBER 15, 2024
Two new townhouses in differing styles will likely rise on the same never-developed Clinton Hill corner site after the Landmarks Preservation Commission approved their design at an October meeting, with commissioners unanimously backing the plans. The LPC signaled its support for the buildings at 50 Clifton Place and 302 Grand… Read More > The post Landmarks Greenlights Design for Two Houses on Empty Lot in Clinton Hill appeared first on Brownstoner.
Housing Wire
NOVEMBER 15, 2024
The reverse mortgage portion of the Federal Housing Administration ’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio for the fourth year in a row on the overall government-backed portfolio. This is according to the FHA’s Annual Report to Congress , released Friday morning. In 2023, the HECM capital reserve declined slightly due to weaker levels of home price appreciation.
Fancy Pants Homes
NOVEMBER 15, 2024
A stellar midcentury modern home — built by one of the style’s master architects, A. Quincy Jones — was just listed for sale. Asking a modest (by Los Angeles standards) $1,850,000, the 1940s home played a pivotal role in the evolution of midcentury modern architecture in Los Angeles, paving the way for future designs that would define the city’s architectural identity.
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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.
Housing Wire
NOVEMBER 15, 2024
Should the goal of marketing technology be to make it so that a loan officer never needs to log in? Or, should LOs be encouraged to engage with marketing tools as much as possible in order to help them build their own brand and connections? I started in the mortgage industry in 2015, working for large banks that were heavily invested in using technology to simplify the loan process for everyone involved.
HomeLight
NOVEMBER 15, 2024
Maintaining a beautiful yard takes a lot of work. This is why it’s no surprise that one in four Americans are not confident in their ability to take care of their lawns. As America’s largest irrigated crop , grass is like the sensitive child of the family who needs lots of affirmation and help to grow and thrive. Give it too much sun, too much shade, or even too much water, and all of a sudden you have a problem.
Real Estate News
NOVEMBER 15, 2024
Fathom Holdings names its first chief revenue officer, promotes Realty COO to president; Inside Real Estate adds C-suite leaders.
HomeLight
NOVEMBER 15, 2024
Rent-to-own agreements offer a unique path to homeownership, appealing to buyers who aren’t quite ready for a traditional mortgage. This arrangement allows tenants to rent a property for a set period with the option to buy it later. If you’re considering this strategy, you’ll want to carefully weigh the rent-to-own homes pros and cons. To build our easy-scan pro and con lists, we talked with Maureen Connolly , an agent with 22 years of experience in New York, and Brad Korb , a top-ranked agent i
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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.
Jason Fox
NOVEMBER 15, 2024
The Formula For Making a Good-Looking Real Estate Blog Post Creating a professional and visually appealing real estate blog post doesn’t have to be overwhelming. With a clear structure, engaging content, and the right tools like Canva and ChatGPT, you can craft posts that captivate readers and generate high-quality leads for your business.
RIS Media
NOVEMBER 15, 2024
“Will the Fed cut interest rates?” That’s a question on everyone’s mind whenever Federal Reserve Chair Jerome Powell speaks publicly—including his November 14 speech before the Dallas Regional Chamber and World Affairs Council of Dallas. The event, which included both prepared remarks from Powell and a moderated Q&A session, offered insights into his current economic… The post Fed Chair Jerome Powell Is Optimistic About the Economy, Unsure of Third Rate Cut This Year appeared first on
Eye on Housing
NOVEMBER 15, 2024
Over the first nine months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 763,990. On a year-over-year (YoY) basis, this is an increase of 10.1% over the September 2023 level of 693,908. Year-to-date ending in September, single-family permits were up in all four regions. The range of permit increases spanned.
Brownstoner
NOVEMBER 15, 2024
Our picks for open houses to check out this weekend are found in Park Slope, Prospect Heights, Crown Heights, and Midwood. They range in price from $799,000 to $4.6 million. 579 5th Street Price: $4.6 million Area: Park Slope Broker: Compass (Jeff Montana, Karl Montana) Sunday November 17, 11-12:30 p.m. See it here -> 626 Bergen… Read More > The post A Crown Heights Limestone and More to See, Starting at $799K appeared first on Brownstoner.
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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.
Redfin
NOVEMBER 15, 2024
If you’re considering a move to Florida, you might be weighing buying a home on Tampa’s coast against renting an apartment in Miami’s bustling city life. Both cities offer warm weather, beautiful beaches, and diverse cultural experiences, but each has its unique character. Tampa provides a slower pace with friendly communities and affordable living, while Miami is famous for its vibrant nightlife, international influence, and cosmopolitan lifestyle.
HomeLight
NOVEMBER 15, 2024
Are you a homeowner in Aurora, Colorado looking to sell your house fast? Whether you’re facing a sudden job transfer, unexpected financial challenges, or are simply eager to embark on a new chapter in life, the need for a speedy home sale can become an overwhelming concern. In this guide, we’ll explore two effective options tailored to Aurora home sellers: requesting a cash offer for your home and hiring a top-performing real estate agent.
Inman
NOVEMBER 15, 2024
It’s not about avoiding challenges, Ojo's Chris Heller writes. It’s about embracing them as opportunities to grow, improve and lead.
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