Housing Wire
NOVEMBER 19, 2024
We heard a lot about the need for millions of new homes during the run-up to the election, so I can imagine how shocked some people are to see today’s report on housing starts and permits at recession levels. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate (mortgage rates) should be higher.
Real Estate News
NOVEMBER 18, 2024
Leaders spent thousands on Hamilton tickets and other luxuries with corporate credit cards, as former execs stayed on the payroll, The New York Times reported.
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Keeping Current Matters
NOVEMBER 18, 2024
If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market.
Inman
NOVEMBER 21, 2024
Annual existing-home sales increased for the first time in more than three years in October, according to the National Association of Realtors. "The worst of the downturn in home sales could be over.
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Housing Wire
NOVEMBER 22, 2024
As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024, representing a small change after four years of fluctuations.
Real Estate News
NOVEMBER 19, 2024
The new, lower-cost program also includes access to legal forms and training, and is being rolled out as NAR’s three-way agreement faces greater scrutiny.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
NOVEMBER 22, 2024
Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost.
Housing Wire
NOVEMBER 21, 2024
Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast , which predicted 2.33% home-price growth for 2024. However, that didn’t happen. The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of tim
Real Estate News
NOVEMBER 22, 2024
Chronic undersupply has led to an affordability crisis, but real estate professionals can help by supporting new development in their communities, experts say.
Keeping Current Matters
NOVEMBER 22, 2024
If you’re planning to list your house in 2025, it’s already time to start working on any repairs. But where do you start?
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.
Inman
NOVEMBER 21, 2024
Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year.
Housing Wire
NOVEMBER 20, 2024
Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. As real estate agents adjust to sweeping changes brought by the commission lawsuit settlement, a new report from discount brokerage Clever Real Estate reveals one thing hasn’t shifted: Americans still overwhelmingly trust full-service agents to sell their homes.
Real Estate News
NOVEMBER 21, 2024
The turnaround for existing sales came at a time when mortgage rates were closer to 6%. With rates on the rise, economists are dialing back sales forecasts.
Keeping Current Matters
NOVEMBER 20, 2024
If you’ve been keeping an eye on mortgage rates lately, you might feel like you’re on a roller coaster ride.
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Inman
NOVEMBER 18, 2024
Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat.
Housing Wire
NOVEMBER 18, 2024
The Federal Housing Finance Agency (FHFA) on Monday announced that it will raise the 2025 multifamily loan caps for purchases by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $73 billion each. This represents a total of $146 billion in multifamily market support for next year, an increase of more than 4% from 2024 levels.
Real Estate News
NOVEMBER 22, 2024
“Volunteers” and execs enjoy large salaries and perks, while hard-working members are the ones who bear the burden.
Estate Agent Today
NOVEMBER 20, 2024
The Government doesn’t have annual housebuilding targets but is confident that it will provide 1.5m new homes over the next five years, the Housing Minister has revealed.
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Inman
NOVEMBER 19, 2024
The deal will refund buyers and sellers after the brokerage allegedly failed to disclose to its clients that it had received payments from Home Security of America to advertise HSA's home warranties.
Housing Wire
NOVEMBER 22, 2024
As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Fix-and-flip lender Kiavi , in partnership with John Burns Research and Consulting , released its Q3 2024 fix-and-flip market report this week.
RIS Media
NOVEMBER 22, 2024
The real estate software firm and data provider PropStream has announced its latest platform enhancement: PropStream Intelligence. Driven by machine learning and predictive analytics, PropStream Intelligence is designed to help real estate professionals find leads. The tool’s features include: Property Condition Analysis: Uncover a property’s condition at a glance using a strategic grading system, as… The post PropStream Unveils New Predictive AI Tool: PropStream Intelligence appeared fir
Estate Agent Today
NOVEMBER 20, 2024
The hike to the additional rate of Stamp Duty in the Autumn Budget is having an immediate impact on the market, research suggests. Analysis by GetAgent has found that more than one in five agents experienced a fallout as a result of the increase from 3% to 5% for landlords and second homeowners.
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Inman
NOVEMBER 21, 2024
Over 491,000 homesellers have filed claims for a portion of the $700 million raised by real estate settlements in Sitzer, with more to come before May 2025 deadline.
Housing Wire
NOVEMBER 18, 2024
What will the housing market look like in 2025? We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Last week, there were 9% more newly pending home sales than the same week a year ago and home sales are ticking down for the season.
RIS Media
NOVEMBER 20, 2024
Destinations by LeadingRE, the new development marketing program powered by Leading Real Estate Companies of the World®, recently welcomed Porto Montenegro to its curated collection of prime new developments around the world. Here, learn what makes the development so extraordinary. Katie Smirnina Head of Sales UK, North America and Middle East Porto Montenegro Please describe… The post Global Spotlight: Montenegro Offers the Perfect Balance of Nautical and Luxury Living appeared first on
Calculated Risk Real Estate
NOVEMBER 21, 2024
As expected, existing home sales were up year-over-year for the first time since 2021. This was a combination of weak sales in October last year and lower mortgage rates in August and September when contracts were signed (Existing home sales are reported at closing). From the NAR: Existing-Home Sales Grew 3.4% in October; First Year-Over-Year Gain Since July 2021 Existing-home sales rose in October, according to the National Association of REALTORS® Sales improved in all four major U.S. reg
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.
Inman
NOVEMBER 18, 2024
In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy.
Housing Wire
NOVEMBER 20, 2024
Executives at mortgage lenders anticipate a minimum 20% increase in credit reporting costs in 2025 compared to 2024. And the soaring costs will hit as lenders try to dig out from multiple years of financial losses and mass layoffs. In early November, Fair Isaac Corp. (FICO), the company behind the widely used consumer credit-risk assessment methodology, announced an increase in its wholesale royalty for mortgage originations from $3.50 to $4.95 per score.
BAM Media
NOVEMBER 18, 2024
The New York Times isn’t finished with its investigative reports on the National Association of Realtors (NAR). Last year, journalist Debra Kamin exposed allegations of sexual harassment and a toxic work environment within NAR, amplifying widespread scrutiny at a time when NAR was already dealing with multiple lawsuits and an investigation with the DOJ.
RIS Media
NOVEMBER 21, 2024
Above, Martha Mosier, fifth from left, at a dinner honoring top BHHS California Properties agents at Sales Convention in 2024 Vitals: Berkshire Hathaway HomeServices California Properties Years in business: 39 Size: 46 offices, approximately 2,800 agents Regions Served: Primarily coastal Southern California, including Coronado, La Jolla, Rancho Bernardo, Rancho Santa Fe, Montecito, Newport Beach, Beverly… The post Power Broker Insights: Leading With Heart appeared first on RISMedia.
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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