Housing Wire

JUNE 5, 2024

A report released Wednesday by Realtor.com shows that a key measurement of U.S. home values is growing faster that the more commonly viewed metric of listing price. The analysis revealed that, across the 50 largest U.S. metro areas, price per square foot rose by 52.7% during the five-year period ending in May 2024. By comparison, the national median list price for a home jumped 37.5% during the same period to its current level of $442,500.

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Agents As-is Marketing 521

Real Estate News

JUNE 6, 2024

Watch the conversation with industry news leader Mitch Robinson as he offers advice for working with local news outlets to “tell your story in a proactive way.

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Industrial 272

Keeping Current Matters

JUNE 5, 2024

If you’ve been looking for a home at the high-end of your market, but haven’t found the right one, you may have put your search on hold.

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Marketing 280

Inman

JUNE 4, 2024

Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as "double ending.

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Agents Brokerage 193

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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.

Brokerage

Housing Wire

JUNE 5, 2024

The U.S. Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA). The Manufactured Home Community loan product will “will help entities to preserve, stabilize, and revitalize these vital sources of affordable housing,” the department explained.

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Loans Finance Renovation Equity 528

Keeping Current Matters

JUNE 3, 2024

With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home.

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Inman

JUNE 7, 2024

Four days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site.

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Sales Technology Agents 191

Housing Wire

JUNE 7, 2024

Home equity continued to rise in the first quarter of 2024 as residential properties with mortgages collectively gained $1.5 trillion in equity over the past year, according to a CoreLogic report released Friday. The average U.S. homeowner with a mortgage added $28,000 in equity during the year ending in March 2024 — the highest year-over-year increase since late 2022.

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Equity Residential Mortgages Closing 516

Real Estate News

JUNE 3, 2024

MLSs will no longer display offers of compensation, but some online startups say they have workarounds that comply with new rules. The DOJ may disagree.

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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.

Agents

Keeping Current Matters

JUNE 4, 2024

June is a busy month in the housing market because a lot of people buy and sell this time of year.

Marketing 320

Marketing 320

Inman

JUNE 4, 2024

Industry watchers are sounding the alarm about Microsoft's Bing Real Estate, a site that for several months has been reposting listings from Zillow, Realtor.com and Redfin without explanation.

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Industrial Technology Brokerage Agents 191

Housing Wire

JUNE 7, 2024

Job creation that exceeded expectations in May has reinforced the perception that the Federal Reserve will maintain the same benchmark interest rates at its June meeting and may delay any rate cuts that were planned for this year. This means that mortgage rates are likely to be higher for even longer than previously expected. The U.S. economy added 272,000 jobs in May, above the market consensus estimate of 180,000.

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Mortgages Loans As-is Marketing 498

Real Estate News

JUNE 7, 2024

Industry leaders began sounding the alarm last week after seeing unlicensed data on a portal-like section of Microsoft’s search engine.

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MLS Industrial 283

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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.

Loans

Keeping Current Matters

JUNE 6, 2024

Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now.

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Equity 293

Inman

JUNE 3, 2024

Inventory shortages challenge buyers, but new construction, boosting sales by nearly 14 percent, offers opportunities for professionals. Learn how to confidently compete and seize these opportunities.

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New Construction Construction Sales 182

Housing Wire

JUNE 7, 2024

Consumer attitudes toward the purchase of a home fell “markedly” in May, while the percentage of consumers who said it was a “bad” time to buy a home grew month over month from 79% to 86%, according to new survey data from government-sponsored enterprise (GSE) Fannie Mae. The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.5 points in May to 69.4, marking an all-time low in the measurement of consumer sentiment toward homebuying.

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Mortgages Sales As-is Marketing 502

Real Estate News

JUNE 6, 2024

Several commissions-related milestones are coming up, starting with the NAR settlement opt-in deadline in less than two weeks.

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Industrial 281

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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.

Sales

RIS Media

JUNE 6, 2024

Are you wondering how to set an accurate price for a home in rough shape? Selling a house in poor condition presents unique challenges, primarily in setting a price that reflects its current state and potential market value. I will provide tips for effective pricing strategies for such properties, unpack the factors influencing their valuation… The post Pricing Strategies for Houses in Poor Condition appeared first on RISMedia.

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Marketing Renovation Industrial Agents 141

Inman

JUNE 4, 2024

"The Offer Mobile" is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor's instant offers to consumers' front doors.

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Technology Marketing 182

Housing Wire

JUNE 3, 2024

Keller Williams Realty has launched a real estate assistant that is powered by generative artificial intelligence (AI) and is trained on the company’s proprietary models, systems, books and training resources. “We are thrilled to bring this AI-powered tool to agents and look forward to its transformative impact on their work,” Chris Cox, KW’s chief technology and digital officer, said in a prepared statement.

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Technology Agents Brokerage Closing 468

Real Estate News

JUNE 7, 2024

According to a new CoreLogic report, the typical homeowner saw their home equity increase by $28,000 over the past year.

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Equity 288

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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.

Agents

RIS Media

JUNE 3, 2024

Buying a home involves multiple steps, including providing an earnest money deposit. This deposit is a sign of good faith between the buyer and seller. It indicates the buyer’s commitment to purchasing the property. However, losing this deposit can be a significant financial setback. I will guide you with the following information so you don’t… The post How to Avoid Losing Earnest Money Deposit When Buying a Home appeared first on RISMedia.

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Earnest money deposit Inspection Finance Industrial 144

Inman

JUNE 4, 2024

Real estate compliance expert Summer Goralik looks at the projected prevelance of dual agency and offers a prescription for determining whether it's the best option for agents and their clients.

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Agents MLS Brokerage 185

Housing Wire

JUNE 3, 2024

HousingWire’s 2024 Marketing Leaders award recognizes the most creative and influential marketing minds in the housing economy. This year’s winners have demonstrated exceptional creativity, strategic thinking, and the ability to adapt in a rapidly-evolving landscape. Their innovative campaigns have captivated audiences, elevated brand visibility, and ultimately driven measurable results.

Marketing 468

Marketing Branding Mortgages MLS 468

Real Estate News

JUNE 7, 2024

Fannie Mae’s sentiment index hit a new low in May, with only 14% saying now is a good time to buy a home, but sales activity is expected to increase.

Sales 254

Sales 254

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.

Agents

RIS Media

JUNE 6, 2024

Of course you would like seller clients to have their homes professionally staged if you think it needs it. But sometimes homeowners will not want to spend the money or agree to make drastic changes to rooms, especially if they are living there. Creative agents can at least make suggestions that cost little, but either… The post 4 Easy Ways Sellers Can Stage Their Houses Themselves at Little Cost appeared first on RISMedia.

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Staging Agents Industrial 131

Inman

JUNE 7, 2024

Employers added 272,000 jobs in May, far exceeding the consensus view among economists that payrolls would rise by 180,000 and the average of 232,000 over the past year.

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Mortgages Marketing 185

Housing Wire

JUNE 7, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers.

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Purchase and sale agreement Agents As-is Inspection 451