Housing Wire
FEBRUARY 29, 2024
Mortgage rates continued to trend up this week and dampen homebuyer momentum. The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, an increase from last week ’s figure of 6.90%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 6.26% this week, down from 6.29% during the prior week.
Keeping Current Matters
FEBRUARY 29, 2024
If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows.
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Housing Wire
FEBRUARY 29, 2024
Real estate agents gathered at the Palladium Theater in New York City’s Times Square on Thursday to learn networking and lead generation strategies from some of the nation’s top luxury real estate agents at the Goldbar Live conference. While every real estate professional had their own nuggets of advice to share, one overarching theme was agents’ belief in manifesting their success.
Real Estate News
FEBRUARY 29, 2024
There are signs that inventory is building, which could take some pressure off the market and increase options for buyers who can stomach the elevated rates.
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Housing Wire
FEBRUARY 29, 2024
January pending home sales leveled off after December’s surge but remained steady. The softening in sales was primarily a factor of wintry weather rather than declining demand, according to Bright MLS chief economist Lisa Sturtevant. Pending home sales dropped 4.9% month over month in January, according to the newest data from the National Association of Realtors (NAR).
Real Estate News
FEBRUARY 29, 2024
While pending sales reversed course last month, experts blamed seasonality and less favorable borrowing rates for the lack of activity from buyers.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
FEBRUARY 29, 2024
Fannie and Freddie's federal regulator wants lenders to synchronize adoption of bi-merge credit reporting with more inclusive FICO Score 10T and VantageScore 4.0 scoring models.
Housing Wire
FEBRUARY 29, 2024
How do you know if you’re an introvert or an extrovert? The simple test is to ask yourself: when you’re around a lot of people (say at a party or a real estate event), do you go home after the party and feel like your battery has been charged or do you feel drained? If the answer is charged up, you’re an extrovert. If you’re drained, you’re an introvert.
Inman
FEBRUARY 29, 2024
The companies' integrated technology will streamline the process to make Opendoor cash offers available to eXp's tens of thousands of agents.
Housing Wire
FEBRUARY 29, 2024
The plaintiffs in the Nosalek commission lawsuit and defendant MLS Property Information Network (MLS PIN) have teamed up to ask Judge Patti B. Saris if they can file separate responses to the statement of interest from the Department of Justice (DOJ). The joint motion was filed on Wednesday by MLS PIN, Jennifer Nosalek, Randy Hirschorn and Tracy Hirschorn.
Advertiser: Trellis
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Inman
FEBRUARY 29, 2024
Want to stand out from the crowd of real estate professionals? Take a tip from Milena Monet and emulate some of the business world's biggest names.
Housing Wire
FEBRUARY 29, 2024
Sahil Chhabra is bringing his 21-agent team, the Chhabra Group , to eXp , as a so-called “mega team,” the brokerage announced on Thursday. Based in Calgary, Alberta, the Chhabra Group was previously affiliated with RE/MAX. Conversations with eXp top producers Justin Havre and Ibrahim Hussein informed Chhabra’s decision. Since joining the real estate industry in 2020 after a career in the hospitality sector, Chhabra has accumulated an aggregate sales volume exceeding $425 million, according to a
Inman
FEBRUARY 29, 2024
In 2010, the Berkshire Hathaway Inc. CEO said that fewer housing starts can help lay the foundation for a more balanced market down the line. His own company's recent investments in home builders show commitment to that principle.
Housing Wire
FEBRUARY 29, 2024
Liberty Reverse Mortgage , a top 10 reverse mortgage lender owned by Ocwen Financial Corp. and its subsidiary PHH Mortgage Corp., allegedly violated California labor laws by failing to provide employees with rest breaks, meal breaks and appropriate compensation for off-the-clock and overtime work, according to a newly filed class-action lawsuit. The suit, filed by former Liberty employee Michaela LaNere in Sacramento County Superior Court , seeks to recoup lost wages and other associated damages
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Inman
FEBRUARY 29, 2024
Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10 billion year, we’ve rounded up the top stories all in one place. Here’s what you might have missed.
Housing Wire
FEBRUARY 29, 2024
Economics professor Teresa Ghilarducci of The New School in New York recently painted a dire picture of the retirement situation in the U.S., calling on policymakers to enact what she calls a “Gray New Deal,” recalling the economic relief and stimulus efforts of President Franklin D. Roosevelt implemented during the Great Depression. Speaking in Washington, D.C., at a policy conference for the National Institute on Retirement Security , Ghilarducci laid out her proposal and a series of what she
Inman
FEBRUARY 29, 2024
How far do you have to drive in your state to receive quality maternal health care? To receive emergency services? These kitchen table issues are on your prospect's minds, Rachael Hite writes.
RIS Media
FEBRUARY 29, 2024
In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits. These credits can play a significant role in shaping a real estate deal’s final… The post What Are Seller Credits in Real Estate: The Assistance Buyers Need appeared first on RISMedia.
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
FEBRUARY 29, 2024
The Boston-headquartered franchise dubbed "Corcoran Property Advisors" is led by brokers-owners Brian Dougherty and Nick Robert who have backgrounds that span hospitality, sales, luxury and design. The firm also has an office in Cohasset.
RIS Media
FEBRUARY 29, 2024
A federal judge is allowing four women to move forward with civil claims that they were drugged and sexually assaulted by eXp recruiters at company events, ruling the alleged victims have “plausibly” contended that two high-profile influencers raped them—and that the company and CEO Glenn Sanford are culpable for failing to implement safeguards, as well… The post eXp Must Face Cover-Up Allegations in Sexual Assault Lawsuit, Judge Rules appeared first on RISMedia.
Inman
FEBRUARY 29, 2024
A key Fed inflation metric, the PCE price index, continues to drop toward the Fed's 2 percent inflation target, falling from 2.6 percent annual growth in December to 2.4 percent in January.
RIS Media
FEBRUARY 29, 2024
Above, Paul Boomsma, left with Diane Turton Leading Real Estate Companies of the World®’s (LeadingRE) 2024 Conference Week kicked off on Weds., Feb. 27 at the Wynn Hotel in Las Vegas with an inspiring general session—bringing together some of the brightest minds in the business to uncover the possibilities that exist in today’s challenging environment… The post Celebrating the Past and Preparing for the Future 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.
Inman
FEBRUARY 29, 2024
The technology platform is designed to improve marketing for listings. Now, Howard Hanna agents will get to exclusively offer the tool to their clients in Pittsburgh and Cleveland.
RIS Media
FEBRUARY 29, 2024
In these uncertain times, it is more important than ever for leaders in the real estate industry to step up and guide their teams through the challenges ahead. As President of Broward, Palm Beaches & St. Lucie REALTORS® and BeachesMLS, I have witnessed firsthand how issues facing our industry have collectively affected us. I want… The post Growing Leaders During Unprecedented Times in Real Estate appeared first on RISMedia.
Inman
FEBRUARY 29, 2024
In this week's Inman Access class, industry experts sit down to discuss personal branding, the importance of being authentic and proven strategies to level up your marketing game.
RIS Media
FEBRUARY 29, 2024
The March issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at REW’s new and top of the line CRM: REW Deals. In addition, RISMedia speaks with Dave Liniger about his new book, top female industry leaders share their thoughts for International… The post The March Issue of Real Estate Magazine Is Now Live appeared first on RISMedia.
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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.
Inman
FEBRUARY 29, 2024
Century 21 has expanded its presence in South Florida with Soflo Home Realty, a six-year-old woman-led brokerage in Delray Beach. Broker-owner Roberta Lucas and her 15-agent team serve buyers and sellers across Broward, Miami and Palm Beach counties.
RIS Media
FEBRUARY 29, 2024
No news appears to be good news as far as inflation data goes, with investors celebrating as the Federal Reserve’s preferred measure of price increases fell in line with expectations today, as some economists argue that fundamentals are actually better than the data shows. PCE inflation rose 0.3% from December to January, according to the… The post Inflation Data Raises Hope for Rate Cuts Despite ‘Wonky’ Blip appeared first on RISMedia.
Inman
FEBRUARY 29, 2024
Find out how luxury specialist Leonie ter Brugge brings her global perspective to serving clients who've fallen in love with Spain's Mediterranean coastline.
Seattle Times Real Estate
FEBRUARY 29, 2024
Mortgage rates and home prices remain high, throttling the housing market and making homeownership less affordable.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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