Sat.Jan 25, 2025 - Fri.Jan 31, 2025

article thumbnail

3 Reasons To Buy a Home Before Spring

Keeping Current Matters

Let’s face it — buying a home can feel like a challenge with today’s mortgage rates.

Mortgages 326
article thumbnail

Sellers want max exposure for their listings, survey finds

Real Estate News

Most sellers dont know much about MLSs or private listing networks but they want an agent who can get their listing in front of the largest pool of buyers.

Agents 317
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New-home sales hit highest level since 2021

Housing Wire

New home sales continue to be a bright spot in a dismal housing market. The December report from the U.S. Census Bureau and Department of Housing and Urban Development shows new-home sales registering at a seasonally adjusted annual rate of 698,000, good for a 6.7% rise year over year and 3.6% higher than November. Even better, new home sales for the calendar year 2024 are estimated at 683,000, which is 2.5% more than 2023 and the highest sales have been since 2021.

Sales 450
article thumbnail

Agents embrace private listing networks. Consumers? Not yet

Inman

Sixty-nine percent of agents since 2020 have recommended their sellers list on a private listing network. However, sellers still favor listing on the multiple listing service, a Zillow survey said.

Agents 171
article thumbnail

Welcome to the Future of Hospitality: Smart Rooms Start Here

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

article thumbnail

The Rise and Fall of Downtown Brooklyn’s Dazzling Emporiums

Brownstoner

Downtown Brooklyn's Fulton Street has long been a shopping mecca, home to large department stores and specialty retailers alike. An early 20th century shopper could stroll along the street and find everything from furs to furniture. The retail corridor has certainly seen change over the centuries, and the recent… Read More > The post The Rise and Fall of Downtown Brooklyn’s Dazzling Emporiums appeared first on Brownstoner.

122
122

More Trending

article thumbnail

Why new home sales are disappointing, despite beating estimates

Housing Wire

Todays new home sales report beat market expectations, just like last weeks existing home sales report. However, a detailed analysis of the data explains why housing permits continue to remain at recession-level figures. Builders are struggling to get clarity on how many homes they can sell in this rate environment in the future. Without more clarity on mortgage rates , substantial growth in housing permits is unlikely.

Sales 457
article thumbnail

Pending home sales decline 5.5% following months of growth

Inman

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors.

Sales 173
article thumbnail

A strong finish for new home sales in December

Real Estate News

Sales were up at the end of 2024, and for the full year, increased by 2.5% over 2023 in contrast to existing home sales, which fell short of 2023 numbers.

Sales 278
article thumbnail

Two Resources That Can Help You Buy a Home Right Now

Keeping Current Matters

A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable.

292
292
article thumbnail

The 2025 Real Estate Roadmap to Success

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.

article thumbnail

Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?

Housing Wire

Nationstar Mortgage currently doing business as Mr. Cooper has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure. Attorneys general and mortgage regulators in 50 states, as well the District of Columbia, agreed to a settlement that requires Mr. Cooper to provide $5.8 million in payments to eligible borrowers.

article thumbnail

Broker alleges NAR rules ‘forced’ her to pay for inactive agents

Inman

In an updated antitrust complaint, a broker takes aim at NAR's three-way agreement and other membership rules.

Agents 166
article thumbnail

Final judgment puts a bow on NAR commissions deal

Real Estate News

Court documents lay out the details of the landmark Sitzer/Burnett settlement, including whos in (covered parties and opt-ins) and sellers who opted out.

268
268
article thumbnail

The Secret To Selling? Using an Agent To Get Your House Noticed

Keeping Current Matters

In a recent survey, the National Association of Realtors (NAR) asked sellers what they want most from a real estate agent.

Agents 289
article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

article thumbnail

Pending home sales limped to the end of 2024

Housing Wire

Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). Compared to a month prior, contract signings fell 5.5% in December, with the Pending Home Sales Index coming in at a reading of 74.4. An index reading of 100 is equal to the level of contract signings in 2001. Annually, pending home sales were down 5.0% compared to a year prior in December.

Sales 397
article thumbnail

Typical days on market reaches slowest pace in 5 years: Redfin

Inman

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month the slowest pace since 2020.

article thumbnail

Exhibition at History Center Traces the Story of Slavery in Brooklyn

Brownstoner

A new exhibition at the Center for Brooklyn History grapples with the history of slavery in the borough, sharing new research, raising thought-provoking questions, and allowing viewers to gaze upon some 18th and 19th century documents not frequently on view. "Trace/s: Family History Research and the Legacy of Slavery in… Read More > The post Exhibition at History Center Traces the Story of Slavery in Brooklyn appeared first on Brownstoner.

109
109
article thumbnail

How Home Equity Can Help Fuel Your Retirement

Keeping Current Matters

If retirement is on the horizon, now’s the time to start thinking about your next chapter.

Equity 274
article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

article thumbnail

Why real estate professionals must return to old-school thinking in 2025

Housing Wire

Have a seat and buckle in. The real estate industry is already in a whirlwind and the year has barely kicked off. To put it simply, the industry appears to be in its rapid evolution era. What does this look like? Firstly, real estate professionals are facing an unyielding storm of new challenges. For example, changing agent commission guidelines and emerging lead contact regulations are keeping professionals up at night.

article thumbnail

High-profile real estate companies take aim at Gibson commission suit

Inman

Berkshire Hathaway Energy, Windermere, Hanna Holdings, EXIT Realty, William Raveis and Crye-Leike all denied antitrust allegations against them in new court filings submitted Monday.

MLS 165
article thumbnail

More agents are using AI — and fewer brokerages are worried

Real Estate News

Real estate leaders are getting more comfortable with artificial intelligence and expect it to redefine operational efficiency in 2025, a new survey found.

Brokerage 265
article thumbnail

Fed’s Preferred Inflation Gauge Rose Again at the End of 2024

RIS Media

The Federal Reserve declined to cut interest rates any further at its latest meetingand the Feds preferred inflation metric now shows that the goal of 2% annual inflation remains elusive. In the latest monthly Personal Consumption Expenditures (PCE) report compiled by the Bureau of Economic Analysis, monthly inflation in the PCE price index (tracking costs… The post Fed’s Preferred Inflation Gauge Rose Again at the End of 2024 appeared first on RISMedia.

article thumbnail

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.

article thumbnail

Will we see home prices decline in 2025?

Housing Wire

Recently, weve shared that the inventory of unsold homes is growing. In recent weeks, home sales also faltered in the face of 7% mortgage rates. Now were noticing some signals in the data that national home prices could turn negative this spring, showing year-over-year home-price declines for the first time since early 2023. There are already plenty of markets nationwide where the inventory of unsold homes has built up over the past few years and home prices have ticked down.

Sales 381
article thumbnail

After a strong year, luxury is poised for strategic shifts in 2025

Inman

In 2024, Manhattan was the top destination for buyers of properties priced at $10 million and up, according to a report from Compass. Reports from Sotheby's and Christie's Real Estate show big shifts across borders, generations and more in the year ahead.

Brokerage 160
article thumbnail

New telemarketing rules on hold after appeals court ruling

Real Estate News

Less stringent requirements for consumer contact will stay in place for a year, FCC says, as it delays TCPA changes that wouldve required one-to-one consent.

264
264
article thumbnail

Canopy MLS Plans to Launch AI-Powered Assistant Ardi

RIS Media

Canopy MLS has announced its plans to implement Ardi, an AI-powered assistant designed to provide subscribers with quick and easy access to critical information anytime, anywhere. This AI will streamline support, save time and improve overall efficiency. Were excited to bring Ardi to Canopy MLS to better support our subscribers. This AI-powered assistant will make… The post Canopy MLS Plans to Launch AI-Powered Assistant Ardi appeared first on RISMedia.

MLS 111
article thumbnail

Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

article thumbnail

Cash-out refi customers largely used proceeds to pay down debt

Housing Wire

Consumers who chose to take out a cash-out refinance largely used the loans proceeds for paying down existing debts, with notable impacts on credit card and auto loan balances as well as credit utilization rates. Cash-out borrowers also saw increases in their credit scores on average, while scores for non-cash-out borrowers decreased. This is according to a recent report published by the Consumer Financial Protection Bureau (CFPB), which is based on data from the National Mortgage Database (NMDB

Loans 364
article thumbnail

‘If you’re a Realtor, you can’t be a NIMBY’: Joe Rand on affordability

Inman

Joe Rand, of Howard Hanna | Rand Realty, and Sean Roberts, CEO of Villa, advocated for the acceptance of smaller homes built off-site as a solution to the inventory crisis.

Land 166
article thumbnail

Today’s Mortgage Rates January 27, 2025: Rates Drop Across the Board

Marco Santarelli

On January 27, 2025, today's mortgage rates have seen a notable drop across various loan types, making it a potentially cost-effective time for homebuyers and those looking to refinance. The average rates for a 30-year fixed mortgage now sit at 7.04% , marking a significant decrease. This decline can provide substantial savings for borrowers compared to last weeks rates.

Mortgages 100