Keeping Current Matters
MAY 21, 2024
If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes.
Inman
MAY 21, 2024
Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved.
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Real Estate News
MAY 23, 2024
Buyers may be able to take advantage of lower rates and increasing inventory, but many are still priced out, dampening sales.
Housing Wire
MAY 21, 2024
The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. Michelle Corridon, deputy policy director at the VA, announced at the Mortgage Bankers Association ‘s Secondary & Capital Markets Conference in New York that the circular would be issued between now and June 12.
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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.
Keeping Current Matters
MAY 20, 2024
If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates.
Inman
MAY 24, 2024
The luxury market is back. That was Compass co-founder and CEO Robert Reffkin's primary message during his latest appearance on CNBC's "Squawk on the Street," where he talked about home price trends, mortgage rates, and stock market ebbs and flows.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 23, 2024
The median U.S. home sale price reached a record $387,600 in the four weeks ending May 19, marking a 4% year-over-year increase, according to data released Thursday by Redfin. The pricing surge comes despite a marginal dip in weekly average mortgage rates , which fell from a five-month high of 7.22% to 7.02% at the beginning of May, according to Freddie Mac.
Keeping Current Matters
MAY 23, 2024
There’s no denying mortgage rates are having a big impact on today’s housing market.
Inman
MAY 24, 2024
The red brick Georgian mansion, known by children all over the world as Kevin McCallister's home, is back on the market after 12 years and comes with a large Kevin Lego figure for the home theater.
Real Estate News
MAY 20, 2024
With many owners of existing homes hesitant to give up their low mortgage rates, new homes continue to account for an outsize share of the market.
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Housing Wire
MAY 18, 2024
New listings data has been moving lower over the last few weeks. I usually wouldn’t care too much about this as its a data line that can be volatile week to week but now it’s been three weeks. The moves haven’t been significant and our weekly pending contracts data picked up this week. But, we need to see more growth in new listings data just to grow from 2023 levels. 2023 new listings data was the lowest ever on record, so it’s already a low bar.
RIS Media
MAY 20, 2024
In a real estate transaction, a Use and Occupancy Agreement (U&O) presents a unique solution for buyers and sellers under certain circumstances. This agreement allows a buyer to use and occupy the property before closing the sale. Conversely, it can enable a seller to continue occupying the property post-sale. I will examine the benefits and… The post Benefits and Risks of Use and Occupancy Agreements appeared first on RISMedia.
Inman
MAY 22, 2024
Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process.
Real Estate News
MAY 21, 2024
An appeals court ruled that the government could reopen its investigation. NAR says that decision involved “far-reaching and exceptionally important” errors.
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Housing Wire
MAY 20, 2024
Fraud and forgery claims represented more than one-fifth of the total dollars spent by title insurers on claims expenses and losses over the past decade, according to a study conducted by Milliman and commissioned by the American Land Title Association (ALTA). Between 2013 and 2022, title insurers recorded 203,181 claims for policies written during that time, and they paid out $4.4 billion in claims related to losses and loss expenses.
RIS Media
MAY 21, 2024
Antitrust regulators at the Department of Justice (DOJ) appear unsatisfied with the agreement struck between the National Association of REALTORS® (NAR) and plaintiffs in commission lawsuit class-actions, with a DOJ lawyer saying explicitly that they do not want any offers of compensation made by seller agents to buyer agents At a court hearing today in… The post DOJ Lawyer Says No Offers of Compensation ‘Anywhere’ appeared first on RISMedia.
Inman
MAY 23, 2024
Newly built homes available on the market rose to 480,000, representing a supply of 9.1 months at the current sales rate, up from an 8.5 month supply in March, according to U.S. Census Bureau data.
Real Estate News
MAY 22, 2024
Comments made by a Department of Veterans Affairs official Tuesday “ensures veterans have the same opportunity as others to compete in a tight housing market.
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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.
Housing Wire
MAY 21, 2024
For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information.
Maximum Exposure Real Estate
MAY 21, 2024
Purchasing a house as-is can be an attractive option for many buyers. However, it involves unique processes and considerations. I will provide you with the following information so you can make the best decision. How to financially plan and explore mortgage options for an as-is home purchase. Understanding mortgage options. What steps should be taken […] The post Should You Buy a Home As Is?
Inman
MAY 23, 2024
Equity Angels was launched in early 2024 by 2018 Inman Person of the Year Kenya Burrell-VanWormer, chief growth officer at NEO, and Katherine Winston, founding member and head of marketing at Plunk.
Real Estate News
MAY 24, 2024
David Mele, the longtime leader of CoStar’s home search site, confirmed to Real Estate News that he has left his position as president of Homes.com.
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.
Housing Wire
MAY 24, 2024
The U.S. Department of Housing and Urban Development (HUD) on Friday announced the availability of $26 million in funding to be distributed to state and local housing agencies to enforce fair housing practices and to combat discrimination. The money will be distributed via noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the nation under the Fair Housing Assistance Program (FHAP), which is described as “an intergovernmental partnership between the federal
Realty Biz
MAY 19, 2024
Are you wondering how to stage a home that needs an overhaul due to its condition? Selling a house in need of repairs can be challenging. However, you can enhance its appeal with strategic staging and attract potential buyers without completing all the repairs. I will provide tips and advice on how you can accomplish your goal of selling fast without investing a ton of money: How to highlight the home's potential and minimize flaws.
Inman
MAY 20, 2024
AI is reshaping the landscape of property transactions, revolutionizing traditional processes and boosting overall efficiency.
Real Estate News
MAY 20, 2024
Minnesota’s largest multiple listing service embraces its “broker-centric, tech-forward focus” as it works through rules changes and pursues collaboration.
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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.
Housing Wire
MAY 23, 2024
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pretax net loss of $645 on each loan they originated in the first quarter of 2024 — a decrease from the average loss of $2,109 per loan in Q4 2023, according to the Mortgage Bankers Association ’s (MBA) newest quarterly performance report. “While the first quarter of 2024 marks the eighth consecutive quarter of net production losses, these losses were less severe than the previous two quarters,” Marina Wals
RIS Media
MAY 23, 2024
Special assessment and property taxes are crucial to a city or town’s revenue system. They fund local services and infrastructure improvements. My comparative analysis will clarify their differences and guide property owners on their impact. In this article, you will learn the following: What special assessment taxes and property taxes ar How these taxes differ… The post Special Assessment Taxes vs.
Inman
MAY 21, 2024
James Dwiggins spoke at the inaugural Inman Connect Miami on Tuesday, arguing that clinging to the current status quo when it comes to commissions is a recipe for disaster.
Real Estate News
MAY 24, 2024
CEO John Berkowitz says the home search company offers agents and consumers “a better chance of succeeding” than its deep-pocketed competitors.
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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