Sat.Jan 20, 2024 - Fri.Jan 26, 2024

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Blooming Success: Essential Tips for Selling a Home in the Spring

RIS Media

Spring is a season of renewal and blossoming flowers and a prime time for the real estate market. As nature awakens, so does the housing market. It presents the best opportunities for those looking to sell their homes. We will explore expert spring home selling tips, taking advantage of the season’s vibrant energy and heightened… The post Blooming Success: Essential Tips for Selling a Home in the Spring appeared first on RISMedia.

Marketing 140
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Realtor.com’s Listing Toolkit: Changing the game

Inman

Listing Toolkit, a new subscription-based solution from Realtor.com, helps agents stand out from the competition, quickly turn motivated sellers into clients and find the right buyer easily.

Agents 180
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Are More Homeowners Selling as Mortgage Rates Come Down?

Keeping Current Matters

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability.

Mortgages 260
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Fannie Mae updates HomeReady, provides temporary $2,500 credit

Housing Wire

Fannie Mae has announced updates to its HomeReady product, including a temporary $2,500 credit for very low-income purchase borrowers to use for down payment and closing costs. Another step the government-sponsored enterprise took was to enhance the best efforts commitments on HomeReady loans. It allows lenders to lock in margins and reduce hedging costs.

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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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Flashback: 1995 in the Housing Market vs Today

NAR: Economic Outlook

Flashback: 1995 in the Housing Market vs Today At 4.09 million, the annual pace of 2023's existing-home sales was the lowest number recorded since 1995, when it was 3.85 million.

Marketing 126

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U.S. Population Growth Returns to Pre-Pandemic Levels

Eye on Housing

According to the U.S. Census Bureau’s latest estimates, the U.S. resident population grew by 1,643,484 to a total population of 334,914,895. The population growth rate reached its highest level since the pandemic at 0.49%. This is just above the 2019 growth rate (0.46%), while slightly below the 2018 growth rate (0.53%). The Census Bureau reports that the primary source for.

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NAR alternative moves up its launch

Real Estate News

AREA, an initiative spearheaded by Mauricio Umansky and Jason Haber, aims to create “something totally new” for agents and others dissatisfied with NAR.

Agents 110
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What Does ‘Active Offer No Bump’ Mean on a Home Listing?

HomeLight

In your search for the perfect home, you may come across listings tagged as “Active Offer No Bump.” But what does Active Offer No Bump mean? Can you still make an offer on a house with this status? If you do submit an offer, what can you expect in terms of the seller’s response and the overall buying process? In this post, we explain the bump clause in real estate and why some sellers may choose to label their property as “Active Offer No Bump.

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Mortgage rates, inventory and demand rise as price cuts fall

Housing Wire

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. Traditionally at this time of year purchase apps rise and the number of price cuts fall. However, at the current trend, we will break below the lows in the price cut percentage data that we saw in 2023 in the spring of this year. I will watch for rising mortgage rates to see if they change the weekly data.

Mortgages 540
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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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3 Must-Do’s When Selling Your House in 2024

Keeping Current Matters

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.

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Tale of 2 housing markets will linger into 2024, Zonda economist warns

Inman

With listings still in short supply, homebuyers are "dealing with an affordability shock" and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY.

Marketing 189
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Quick and Easy Marketing Tips For REALTORS®

RIS Media

In real estate, effective marketing is the key to success. As a REALTOR®, implementing savvy marketing strategies can significantly impact your ability to attract potential buyers, showcase properties, and ultimately close deals successfully. We will examine quick and easy marketing tips tailored for REALTORS®. You will see everything from creating a robust real estate marketing… The post Quick and Easy Marketing Tips For REALTORS® appeared first on RISMedia.

Marketing 139
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Many baby boomers live in “time capsules” that need renovations to age in place

Housing Wire

Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging. This is according to a new report from home improvement services company Leaf Home and market research firm Morning Consult , which enlisted responses from 1,001 baby boomer homeowners (aged 59–77) and 1,001 millennials (aged 27–42) in late Decemb

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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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Twenty Two Mistakes to Avoid as a First-Time Buyer

Maximum Exposure Real Estate

Do you know the most common first-time home buyer mistakes? You probably feel overwhelmed if this is your first time buying a house. There is a lot to learn, and it can feel like a bit of a juggling act—which can be hard to do when you’ve never juggled before. Fortunately, plenty of people have […] The post Twenty Two Mistakes to Avoid as a First-Time Buyer appeared first on Maximum Real Estate Exposure.

As-is 135
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Attorney lays out how real estate can survive the commission suits

Inman

At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements.

MLS 186
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Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon

RIS Media

The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to estimates released Jan. 26 by the Bureau of Economic Analysis (BEA). Excluding food and energy, the PCE price index increased 0.2%. Real DPI increased 0.1% in December, and real PCE increased 0.5%. Goods increased 1.1%,… The post Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon appeared first on RISMedia.

Mortgages 133
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Demand for mortgages picks up: MBA

Housing Wire

Mortgage demand continued to increase last week, as seen in an uptick in purchase activity. Mortgage applications rose by 3.7% in the week ending Jan. 19 compared to one week earlier on a seasonally adjusted basis, per the Mortgage Bankers Association ‘s (MBA) weekly mortgage applications survey. “Conventional and FHA purchase applications drove most of the increase last week as some buyers moved to act early this season,” Joel Kan , MBA’s vice president and deputy chief economist, said in a st

Mortgages 471
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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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Building Black futures in Seattle, with concrete, steel and glass

Seattle Times Real Estate

Africatown Community Land Trust is building affordable housing in Seattle's Central District, while intentionally supporting construction companies run by people of color.

Land 131
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Blame ‘Ziltorfin’: CoStar CEO says competitors souring industry rep

Inman

During his latest ICNY appearance CoStar Group CEO Andy Florance chastised Zillow, Redfin and Realtor.com for prioritizing their bottom line to the detriment of buyers and listing agents.

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MLS Giants Reach Settlement in Pocket Listing Lawsuit

RIS Media

Three of the largest MLSs in the country agreed to a settlement in one of the most expansive and highest-stakes lawsuits that specifically targets MLS rules and practices, according to a court filing yesterday. ThePLS.com v. National Association of REALTORS® et al was originally filed way back in 2020 by a pocket listing service startup,… The post MLS Giants Reach Settlement in Pocket Listing Lawsuit appeared first on RISMedia.

MLS 133
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Another homeowners’ insurance carrier leaves California

Housing Wire

Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group , better known as The Hartford, announced Wednesday that it would no longer issue new homeowners insurance policies in California starting in February 2024. The firm noted that this change would also impact The Hartford’s joint homeowners insurance program with AARP.

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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.

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The Benefits to Refinance a Home Loan and How to Do It

Maximum Exposure Real Estate

Get The Best Loan Terms If you are like most people, you will need to get a loan when you buy a home. Because you borrow money, you will naturally have to pay the mortgage lender’s loan terms. Sometimes, the loan terms on the mortgage you receive aren’t the best. Many home buyers do not […] The post The Benefits to Refinance a Home Loan and How to Do It appeared first on Maximum Real Estate Exposure.

Loans 124
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10 ways to provide concierge service, elevate your UVP

Inman

Attract buyers by taking your value proposition to the next level with advice from Chelsea Hamre from RE/MAX, Julia Boland from Corcoran, DJ Ten Hoeve from Keller Williams at Inman Connect New York.

Agents 189
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3 Things To Tell Your Clients Who Are Worried About Mortgages

RIS Media

Mortgage rates never fell below 6% in 2023 and you probably didn’t even have to follow the news to notice; you’d just have to observe how so many of your leads were hesitant to buy. Even as mortgage rates have declined from their more than 7% peak in Q4 2023, they still haven’t reached back… The post 3 Things To Tell Your Clients Who Are Worried About Mortgages appeared first on RISMedia.

Mortgages 132
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Pending home sales surged in December: NAR

Housing Wire

Pending home sales rose 8.3% month over month in December, according to the newest data from the National Association of Realtors (NAR). It was the largest monthly jump in pending home sales since 2020. NAR’s Pending Home Sales Index (PHSI) increased to 77.3 in December, up from 71.6 in November. On a year-over-year basis, pending sales were up 1.3%.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.