Housing Wire

NOVEMBER 2, 2024

Home prices have remained firm over the last two months, even with higher mortgage rates and inventory data. Our weekly tracker data is created to look ahead of the traditional monthly reports such as Case Shiller and the NAR existing home sales report, and what I have seen over the past few weeks has shocked me. I want to show you how the data changed with mortgage rates heading toward 6% so the next time this happens, we have a better idea of what to expect in the housing market.

Mortgages 516

Mortgages Sales As-is Marketing 516

Real Estate News

NOVEMBER 7, 2024

The company says its innovative AI and financial products give it an edge as it increases revenue and agent count despite a difficult housing market.

Agents 296

Agents Marketing 296

Keeping Current Matters

NOVEMBER 8, 2024

The #1 task sellers struggle with is setting the right asking price for their house.

Agents 247

Agents 247

Inman

NOVEMBER 2, 2024

As the Nov. 26 hearing for final approval of the National Association of Realtors commission lawsuit settlement approaches, voices from all sides are questioning its wisdom.

Closing 183

Closing MLS Brokerage Agents 183

Advertisement

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.

Development

Housing Wire

NOVEMBER 7, 2024

Climate change is increasing the intensity and severity of natural disasters. It’s resulting in calls to reimagine the costs of homeowners insurance (Image generated by AI in Midjourney) As the planet warms and extreme weather intensifies, the rising cost of homeowners insurance is stopping real estate deals in their tracks. In just the past two months, two major hurricanes battered Florida, inflicting physical and financial damage that is projected to exceed $100 billion.

Design 483

Design Mortgages Lending As-is 483

Real Estate News

NOVEMBER 6, 2024

Home listings on the Flyhomes search portal now show the breakdown of recent presidential and congressional voting trends in any given community.

289

289

Inman

NOVEMBER 7, 2024

The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14 percent from Q2 and 26 percent from a year ago.

Industrial 174

Industrial 174

Housing Wire

NOVEMBER 5, 2024

The COVID-19 pandemic impacted the housing market like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse. That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends. When the pandemic began in the spring of 2020, wealthy residents of urban centers like New York City and San Francisco packed their bags for rural areas and small to

Construction 469

Construction Marketing As-is Finance 469

Real Estate News

NOVEMBER 6, 2024

Growth across all major divisions, which the company attributed to strong conversions and agent partnerships, produced double-digit gains in the third quarter.

Agents 256

Agents 256

Keeping Current Matters

NOVEMBER 7, 2024

Trying to decide between renting or buying a home?

268

268

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.

Industrial

Inman

NOVEMBER 4, 2024

Zillow Chief Industry Development Officer Errol Samuelson discussed NAR's no-commingling rule and Clear Cooperation — and how the fight to save the latter is key to preserving consumer choice.

Development 174

Development Industrial 174

Housing Wire

NOVEMBER 5, 2024

The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. A new report from the National Association of Realtors (NAR) surveyed buyers and sellers on what they want from their real estate agents.

Purchase and sale agreement 436

Purchase and sale agreement Agents MLS Sales 436

Real Estate News

NOVEMBER 6, 2024

In the short term, expect "rising and more unpredictable mortgage rates." But the Fed will likely stay the course and issue a modest rate cut this week.

Mortgages 251

Mortgages 251

RIS Media

NOVEMBER 8, 2024

In a panel discussion at RISMedia’s CEO & Leadership Exchange this past September, key industry executives came together to tackle the pressing topic of creating and maintaining strong company cultures in real estate. With the focus on culture, collaboration and leadership, Kuba Jewgieniew, founder and CEO of Realty ONE Group, shared insights into the principles… The post Real Estate Leaders Remain Focused on Growth and Innovation appeared first on RISMedia.

Industrial 124

Industrial Development Agents 124

Advertisement

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

Inman

NOVEMBER 8, 2024

The temporary restraining order alleges that Tal and Oren Alexander moved the underlying collateral on a loan that the firm extended to Official Partners two years ago in a potential attempt at "dissipating the assets.

Loans 167

Loans Brokerage Agents 167

Housing Wire

NOVEMBER 4, 2024

Editor’s note: This is the fifth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. What does a real estate reporter do to mark the one-year anniversary of the Sitzer/Burnett jury verdict ?

Purchase and sale agreement 436

Purchase and sale agreement Inspection contingency Inspection Title 436

Real Estate News

NOVEMBER 2, 2024

A lot has happened — leadership changes, settlements, new rules — but some say it's still too early to know how the landmark verdict will affect the industry.

Industrial 234

Industrial 234

RIS Media

NOVEMBER 8, 2024

NextHome CEO James Dwiggins—a third-generation real estate leader—has made it his mission to position his company’s strategies and training opportunities to guide, educate and protect his agents and consumers as well as the industry at large. Rescoping the company to navigate the post-August 17 landscape, Dwiggins is pushing his agents to educate buyers and sellers… The post Bringing Tangible Value to the Table appeared first on RISMedia.

Industrial 118

Industrial Agents As-is 118

Advertisement

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

Inman

NOVEMBER 8, 2024

Regulators have signed off on plans to restructure insurance business into a company that's owned by policyholders and operated by Porch, insulating it from catastrophic weather events.

Inspection 167

Inspection Technology Mortgages 167

Housing Wire

NOVEMBER 8, 2024

Realtors are not the only ones gathering in Boston this week for the National Association of Realtors ‘ NXT conference. On Thursday, MLS leaders took center stage at several conference sessions, including discussions of the business practice changes driven by the NAR commission lawsuit settlement and how the role of the MLS — and the MLS-broker relationship — has evolved as a result.

MLS 419

MLS Staging Technology Agents 419

Real Estate News

NOVEMBER 6, 2024

HUD and FHFA executives spoke recently about ways the federal government should get more involved in issues like zoning, mortgages, insurance and appraisals.

Mortgages 243

Mortgages 243

RIS Media

NOVEMBER 6, 2024

The first-time homebuyer marketshare decreased to a historic low of 24% (down from 32% last year), while homebuyers’ ages hit all-time highs of 56 overall (49 last year), 38 for first-time buyers (35 last year) and 61 for repeat buyers (58 last year), according to the National Association of REALTORS®’ (NAR) 2024 Profile of Home… The post First-Time Homebuyers at Historic Low, While Buyer Age Hits Record High appeared first on RISMedia.

Sales 119

Sales Industrial Agents 119

Advertisement

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

Inman

NOVEMBER 8, 2024

The National Advertising Division on Friday denied CoStar's challenge to Realtor.com's "No. 1 site real estate professionals trust" tagline. CoStar said it's based on outdated data. NAD disagreed.

Agents 167

Agents 167

Housing Wire

NOVEMBER 7, 2024

Home prices continue to rise, but they’re rising in slightly fewer areas of the country. Data released Thursday by the National Association of Realtors (NAR) shows that during the third quarter of 2024, home prices grew in 87% of the 226 metropolitan areas analyzed. That share is down from 89% in the second quarter. In addition, 7% of metro areas analyzed experienced double-digit home-price growth, which is down from 13% in Q2 2024.

Sales 420

Sales Mortgages Marketing As-is 420

Real Estate News

NOVEMBER 4, 2024

NAR’s annual profile of homebuyers, which includes several new records, illustrates just how hard of a market it’s been for would-be homeowners.

Marketing 244

Marketing 244

Estate Agent Today

NOVEMBER 3, 2024

The property market appears to have turned cautious in the build-up to the Autumn Budget with house price growth slowing to 2.4% annually during October, Nationwide figures show.

Marketing 117

Marketing 117

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

Inman

NOVEMBER 7, 2024

The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million.

Brokerage 167

Brokerage Agents 167

Housing Wire

NOVEMBER 6, 2024

Fair Isaac Corp. (FICO), the company that retains the rights to the market’s widely adopted consumer credit-risk assessment methodology, announced on Wednesday that it has increased its wholesale royalty from $3.50 to $4.95 per score for mortgage originations. The mortgage industry is now bracing for additional hikes from the credit reporting bureaus and other companies downstream of FICO.

Closing costs 420

Closing costs Mortgages Industrial Lending 420

RIS Media

NOVEMBER 4, 2024

Above, Leo Pareja In the aftermath of recent lawsuits, the next major legal battleground in real estate is going to be steering. It’s not a matter of if, but when. During the litigation over cooperative compensation in MLSs, one of the central claims by plaintiffs’ attorneys was that real estate agents were steering buyers toward… The post Op-Ed: The Next Wave of Lawsuits Will Be About Steering—Mark My Words appeared first on RISMedia.

Agents 119

Agents Industrial 119

Estate Agent Today

NOVEMBER 4, 2024

First-time buyers will face a stock shortage as well as potentially higher costs once Stamp Duty thresholds return to £300,000 in April, research suggests.

126

126

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.

Agents