Housing Wire

OCTOBER 10, 2024

I started doing weekly interviews with tech executives over a year ago to find out where technology was making a real difference in housing and to keep a pulse on trends — especially artificial intelligence (AI). Open AI launched the first version of ChatGPT on Nov. 30, 2022. Mortgage and real estate firms began developing use cases in 2023. But what has happened in the past year — and especially in the last six months — is incredible.

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Real Estate News

OCTOBER 10, 2024

The trade organization filed an official request with the high court today, asking for a review of an antitrust case that was ostensibly closed in 2021.

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Housing Wire

OCTOBER 10, 2024

If there was any doubt that the Federal Reserve’s half-point interest rate cut was the right move, those doubts are fading, and there’s reason to support another cut in the coming months. That’s because the U.S. Bureau of Labor Statistics’s Consumer Price Index (CPI) for September fell by 0.1 percentage points compared to August and sits at a measured 2.4% year-over-year.

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Keeping Current Matters

OCTOBER 10, 2024

If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost.

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Brokerage

Housing Wire

OCTOBER 10, 2024

Compass has a new head of investor relations. On Wednesday, the brokerage firm announced that it has appointed Soham Bohnsle to lead its investor relations division. Bohnsle has more than a decade of experience covering the housing sector, most recently as a senior analyst at BTIG. He also held roles at Morgan Stanley and Susquehanna International Group , where he began his career in housing as a research assistant. “We sought someone who could deliver an immediate impact, and Soham’

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Housing Wire

OCTOBER 10, 2024

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced $3 million in new grants for North Carolina residents impacted by Hurricane Helene. But independent reporting has also detailed that the Federal Emergency Management Agency (FEMA) has nearly exhausted funding for the next year in just the past eight days. The $3 million in new funding from HUD comes from its Rapid Unsheltered Survivor Housing (RUSH) program.

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Inman

OCTOBER 10, 2024

Learn how this problem solver, communicator and strategic thinker is bringing his style of decisive leadership to Christie's International Real Estate Group New Jersey.

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Housing Wire

OCTOBER 10, 2024

Real estate data provider CoreLogic is unveiling a new artificial intelligence -powered property and location intelligence platform. The California-based company is launching the Araya platform, according to an announcement on Tuesday. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

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Inman

OCTOBER 10, 2024

Baffled by a home that's languishing on the market? Mega-team leader Carl Medford offers a step-by-step plan for evaluating your listing and getting it sold.

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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

Housing Wire

OCTOBER 10, 2024

Similar to past experiences, Hurricane Helene may lead to 5% of mortgage borrowers in affected areas becoming delinquent but eventually self-curing over the next 12 months, according to a Bank of America (BofA) analysis. The hurricane, which made landfall in Florida in late September, also impacted parts of North Carolina, South Carolina, Virginia and Georgia.

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Brownstoner

OCTOBER 10, 2024

An art exhibition that celebrates dreams and gives the public a place to contemplate them through sculpture and interactive features has opened in The Plaza at 300 Ashland in Fort Greene. Cosmologyscape, commissioned by Creative Time for its 50th anniversary, was created by artists Alisha B. Wormsley and Kite, who were… Read More > The post Public Art Exhibit Celebrating Dreams Opens at 300 Ashland in Fort Greene appeared first on Brownstoner.

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Housing Wire

OCTOBER 10, 2024

Prominent housing finance attorney Gina Hough and her associate Trevor Cardo have joined Ballard Spahr ‘s housing finance practice, the firm announced this week. Hogh, a former vice president and deputy general counsel at Fannie Mae , will join as senior associate, said housing finance practice chair Peter Michaud. She’ll work out of the Washington, D.C. office while Cardo will be based out of New York.

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RIS Media

OCTOBER 10, 2024

Move Concierge, a service that connects utilities and home services for new homebuyers, has announced a key partnership with Side, a real estate brokerage platform that helps agents create and grow their own boutique companies. Through this partnership, real estate agents who work with Side will have access to Move Concierge services through Side Marketplace,… The post Move Concierge Announces Partnership with Side appeared first on RISMedia.

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Agents

Housing Wire

OCTOBER 10, 2024

While the homebuyer commission lawsuits continue to be a thorn in the side of the real estate industry, three corporate brokerages have at least for now recorded a small win. On Wednesday, Chicago-based U.S. District Court Judge LaShonda Hunt, who is overseeing both Batton suits after Judge Andrea Wood recused herself in early September, granted RE/MAX , Keller Williams and Anywhere’s joint motion to stay the case during a status hearing.

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Brownstoner

OCTOBER 10, 2024

In the News New Adams Administration Inquiry Focuses on City Leases [NYT] In New York, Honoring the Dead and Calling for an End to War [NYT] MTA Operator ‘Fighting for His Life’ After Stabbing [NYP] Private Canine Club Coming to ‘Burg, Could Cost $1,400 a Year [NYP] East New York’s Breukelen Playground Gets Vibrant Makeover… Read More > The post Daily Links: Members-Only Rooftop Dog Park in ‘Burg to Have DJ Sets, Cocktails appeared first on Brownstoner.

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Eye on Housing

OCTOBER 10, 2024

Inflation continued to ease in September and remained at a 3-year low as shelter costs continued to moderate. Shelter costs, the main driver of inflation since early 2023, saw their annual growth rate fall below 5% for the first time since February 2022. With the Fed beginning its easing cycle with a half-point cut last.

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Brownstoner

OCTOBER 10, 2024

Got a project to propose for The Insider? Contact Cara at caramia447 [at] gmail [dot] com The 1,600-square-foot space was what architectural designer Adam Robinson called "a very traditional one-bedroom loft with good bones," referring to the exposed timber ceiling beams and wood floors from the vintage building's commercial origins. "Otherwise, it was… Read More > The post The Insider: Wood and Glass Dividing Wall Reshapes Brooklyn Heights Loft appeared first on Brownstoner.

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Loans

Eye on Housing

OCTOBER 10, 2024

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2024 posted a reading of 63, down two points compared to the previous quarter. Remodelers remain optimistic about the market even though the overall RMI edged down for the third consecutive quarter. Some have potential customers citing the upcoming election as a reason.

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Marketing 59

RIS Media

OCTOBER 10, 2024

What’s the best bet for investors in real estate in 2024? Realtor.com® data suggests that homes in neighborhoods with good affordability and high listing viewership may be a starting point. In fact, the top 10 markets for investing drew nearly twice the viewership on listings than the national average, according to Realtor.com’s data. For investors… The post Realtor.com® Data Details Best Markets for Investing in 2024 appeared first on RISMedia.

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Calculated Risk Real Estate

OCTOBER 10, 2024

One of the metrics we'd like to follow is a ratio of house prices to incomes. Unfortunately, most income data is released with a significantly lag, and there are always questions about which income data to use (the average total income is skewed by the income of a few people). And for key measures of house prices - like Case-Shiller - we have indexes, not actually prices.

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RIS Media

OCTOBER 10, 2024

Above, from left, Jillian Young, Donny Samson, Drayton Saunders, Kate Rossi and Cindy Ariosa As the industry reconciles with new realities in the post-National Association of REALTORS® (NAR)-settlement era, agent attrition has been acknowledged as one of the expected consequences. Some top real estate minds recently gathered to discuss solutions—not only for how to prevent… The post Leaders Offer Solutions for Preventing Agent Attrition in a Post-Settlement Landscape appeared first on RISM

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Brokerage

The Close

OCTOBER 10, 2024

American Home Inspectors Training (AHIT) is a one-stop shop for home inspection education. Seasoned and aspiring home inspectors can rely on AHIT for prelicensing and professional development courses. Is it worth it? I’ll help you find out! I spent hours researching and evaluating AHIT. My AHIT review will provide a deep understanding of the school’s essential features, pricing, pros and cons, and AHIT reviews from current students.

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RIS Media

OCTOBER 10, 2024

The National Association of REALTORS® (NAR) today filed its petition to the Supreme Court in a long-running, contentious dispute with the Department of Justice (DOJ) over an ostensibly shuttered investigation into various NAR policies, asking the highest court in the land to step in in and block the inquiry, which currently threatens to force even… The post NAR Files Supreme Court Petition to Block DOJ Investigation appeared first on RISMedia.

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Toronto Realty Blog

OCTOBER 10, 2024

TorontoRealtyBlog Are you familiar with the stories that begin with, “This guy that I know… ”? Depending on the tone, and of course, whether the storyteller pauses and clears his throat before checking himself and offering, “…this guy I know…,” this story could be about the storyteller him or herself. But sometimes, it’s just easier to say, “Mom, Dad, I swear, I’m holding those drugs for a friend …” Anyways, this guy I kno

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BAM Media

OCTOBER 10, 2024

VIP tickets to BAM Mania are sold out! For a limited time, snag one of the remaining general admission tickets at our final discount— Get your tickets here. Handling objections is part of the job of a real estate agent. A concern for some sellers is about financing—whether their property will attract the right buyers or if they’ll face financing challenges during the sale.

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Sales

Propmodo

OCTOBER 10, 2024

Affordable housing has become a central theme of this year’s presidential election. With home prices hitting a record high earlier this year, Americans named housing their family’s second top financial concern in a recent Gallup poll. Inflation was the only area to rank higher, and housing ranked higher than ever since Gallup started asking the open-ended question in 2005.

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BAM Media

OCTOBER 10, 2024

VIP tickets to BAM Mania are sold out! For a limited time, snag one of the remaining general admission tickets at our final discount— Get your tickets here. Today, the National Association of Realtors (NAR) filed a writ of certiorari with the U.S. Supreme Court challenging the U.S. Department of Justice’s (DOJ) attempt to reopen a closed antitrust investigation.

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RIS Media

OCTOBER 10, 2024

As real estate professionals, we often get caught up in the rush of transactions, leads and appointments. Yet, to truly grow in 2025, it’s critical to pause, reflect and analyze how our behaviors and strategies from the past year affected our business. Setting aside time for a structured reflection workshop can reveal the best pathways… The post Stuck in 2024?

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