Housing Wire
NOVEMBER 5, 2024
loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity. As a result, loanDepot is retiring its Vision 2025 strategic plan, which began in July 2022 to help the company reduce its non-volume expenses by more than $730 million.
Real Estate News
NOVEMBER 5, 2024
Watch the conversation with Zillow CEO Jeremy Wacksman as he explains why savvy shoppers are better for agents, and why private listing networks are “just bad.
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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.
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.
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Keeping Current Matters
NOVEMBER 5, 2024
You’ve probably noticed one thing if you’re thinking about making a move: the housing market feels a bit unpredictable right now.
Inman
NOVEMBER 5, 2024
The latest iteration of REDX's ad builder introduces customizable ad templates and an easier, more direct connection to Facebook accounts so campaigns can be created and launched in less time.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
NOVEMBER 1, 2024
Today’s jobs report showed the lowest job-growth data for the year at 12,000. You would think this would cause the 10-year yield and mortgage rates to go lower. At first, this did happen, but after more digestion of the data, not only did the bond market give up all the early morning gains, but it headed higher for the day, which confused many. So, I will give you my best explanation, but I need to show all the data that came out this week.
Real Estate News
NOVEMBER 4, 2024
In a lengthy filing, Judge Bough outlined his reasons for approving nine brokerage settlements last week, which he said got plaintiffs “the best deal possible.
Keeping Current Matters
OCTOBER 30, 2024
No one likes making mistakes, especially when they happen in what’s likely the biggest transaction of your life – buying a home.
Inman
NOVEMBER 4, 2024
Brokerages have been plagued by falling sales and tapering price growth, rendering broker fees stagnant at a time when most sectors are enjoying robust gains, according to a new Intel analysis.
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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.
Seattle Times Real Estate
NOVEMBER 4, 2024
Amazon will move out of the Met Park North office building in Seattle's Denny Triangle this month and shift 800 workers to other offices in the region.
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 ?
Real Estate News
OCTOBER 30, 2024
With less than a month until the deals are finalized, objectors are making claims of insufficient damages, harm to minorities, lack of accountability and more.
Keeping Current Matters
NOVEMBER 1, 2024
Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market.
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Inman
OCTOBER 30, 2024
Tanya Monestier says the settlement "reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it" as attorneys walk away with $333 million in cash.
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.
Housing Wire
OCTOBER 31, 2024
Interior property data company CubiCasa announced the launch of an interactive touring product for listing agents. The new CubiCasa Tour product will create interactive, virtual property tours within minutes. The new product uses similar software to CubiCasa’s Floor Plans, another virtual listing tool that builds floor plans in five minutes or less.
Keeping Current Matters
NOVEMBER 4, 2024
Looking to buy a home but feeling like almost everything is out of reach?
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
OCTOBER 31, 2024
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation.
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.
Real Estate News
NOVEMBER 1, 2024
10 questions every listing agent had better be able to answer, from whether to list on the MLS or offer buy-side compensation to what goes into pricing a home.
Keeping Current Matters
OCTOBER 31, 2024
Feeling a bit unsure, or even afraid, to move with everything going on right now?
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
NOVEMBER 4, 2024
Weekends are packed with potential buyers and sellers, from open houses to whole-family showings. Agents are expected to work weekends, and childcare on the weekends can be expensive.
Calculated Risk Real Estate
NOVEMBER 5, 2024
Along with the monthly housing starts report for September released last month, the Census Bureau also released Housing Units Started by Purpose and Design through Q2 2024. The first graph shows the number of single family and multi-family units started with the intent to rent. This data is quarterly and Not Seasonally Adjusted (NSA). Although the majority of units built-for-rent’ are still multi-family (blue), there has been a significant pickup in single family units started built-for-re
Housing Wire
OCTOBER 30, 2024
Lower mortgage rates in September had a measurable impact on home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% compared to August and 2.6% year over year. NAR’s index reading of 75.8 is the highest number since March. An index reading of 100 equates to sales activity in 2001.
Real Estate News
NOVEMBER 2, 2024
Twin Cities and Houston-area independents embrace the Anywhere family of brands; NFL'er joins Douglas Elliman's luxury division; Christie's expands in the Alps.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Seattle Times Real Estate
NOVEMBER 1, 2024
While real estate professionals call the rental market “cool” and “balanced,” many renters use words like “brutal” and “absolute hell” to describe their search.
Inman
NOVEMBER 4, 2024
Amerivest Realty owner Joe Ballarino has brought a slew of agents based out of Florida, Colorado, Minnesota and Wisconsin to the cloud-based brokerage, according to an announcement Monday.
RIS Media
NOVEMBER 5, 2024
Above: Jamie Mertz and Steve Wagner It’s been an industrywide challenge to achieve company growth within the residential real estate realm the last few years, but someone forgot to tell Virtual Properties Realty (VPR) that. The Atlanta, Georgia-based brokerage recently hit a significant milestone, crossing over the 5,000-agent mark to 5,177 active agents, posting an… The post Stunning Growth as United Wins Georgia appeared first on RISMedia.
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.
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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.
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