Housing Wire
DECEMBER 23, 2024
New home sales grew over last month in the latest Census report , but homebuilders are now facing a supply issue their inventory is building up. This is the reason why housing starts are at recession levels today. Monthly new home sales have been stagnant for the past two years. When mortgage rates decline, sales improve, but it becomes more challenging for builders and buyers when rates rise.
Real Estate News
DECEMBER 24, 2024
In an email to leaders, the association said PARs refusal to stop offering its MLS Choice option leaves NAR no choice but to defend its trademark and model.
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Housing Wire
DECEMBER 19, 2024
Its late December so all the 2025 mortgage rate forecasts have been published. Unfortunately, all of them are already wrong. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. And yet with pesky inflation data not falling as quickly or as far as expected, Fed chair Jerome Powell suddenly changed his language in the Fed meeting on Dec. 19.
Keeping Current Matters
DECEMBER 24, 2024
Have you ever thought about packing up and moving to be closer to the people who mean the most to you?
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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.
Inman
DECEMBER 19, 2024
Find out how this young, first-generation Filipino-American entrepreneur worked her way up from receptionist to broker-owner.
Brownstoner
DECEMBER 21, 2024
Affordable Housing Lottery Opens for Bed Stuy Build With Gym, Rooftop Terrace An affordable housing lottery has opened for 27 apartments in a recently completed nine-story, 89-unit development that runs along Atlantic Avenue overlooking the J subway tracks and a McDonalds. The project, which replaced a Speedway gas station, is a… Read More > The post Top 5 Stories This Week: A Clinton Hill Reno, a Bed Stuy Housing Lottery appeared first on Brownstoner.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
DECEMBER 23, 2024
Building equity in your house is one of the biggest financial advantages of homeownership.
Inman
DECEMBER 19, 2024
NAR sent the cease-and-desist letter to Phoenix Realtors over its MLS Choice option, which gives brokers access to state-compliant forms and legal aid but may also violate its three-way agreement.
HomeLight
DECEMBER 19, 2024
As a homeowner in Cambridge, Massachusetts, you may find yourself in an unforeseen situation where you need to sell your house fast. Whether its a sudden life event or a thoughtfully planned move with an impending deadline, knowing how to navigate the citys real estate market efficiently can seem like a daunting task, especially without the proper tools and guidance.
Housing Wire
DECEMBER 19, 2024
Ellington Financial , the parent company of major reverse mortgage lender and servicer Longbridge Financial , announced this week that it has issued a $243 million proprietary reverse mortgage securitization backed entirely by Longbridges Platinum product line. The loans will also continue to be serviced by Longbridge, according to the announcement of the securitization.
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.
Real Estate News
DECEMBER 23, 2024
The National Association of Realtors says MLS Choice allows non-Realtors to join the Phoenix association. PAR says NAR threats will chill innovation.
Keeping Current Matters
DECEMBER 20, 2024
There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
Inman
DECEMBER 19, 2024
Existing-home sales rose 6.1 percent annually in November while three out of four U.S. regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors.
Estate Agent Today
DECEMBER 19, 2024
Welcome to this weeks Agents Do Charity, our chance to salute those who do so much to help others.
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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.
Housing Wire
DECEMBER 19, 2024
The housing industry is getting an early Christmas gift. The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 million, a 4.8% increase over the revised October number and a 6.1% increase year over year. The annualized rate is the highest seen since the tally of 4.22 million in March 2024 , and its the highest year-over-year increase since a 23% gain in June 2021.
Real Estate News
DECEMBER 19, 2024
As other brokerages stumbled in 2024, Real saw enviable growth in agent count, transactions and share price with President Sharran Srivatsaa setting the tone.
Keeping Current Matters
DECEMBER 19, 2024
When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.
Inman
DECEMBER 24, 2024
Founder Brad Inman looks back at the scandals and struggles of 2024 and ahead to greater transparency and accountability in 2025.
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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.
Estate Agent Today
DECEMBER 19, 2024
Almost one million price reductions have been recorded throughout 2024 - the largest number on record, research shows.
Housing Wire
DECEMBER 23, 2024
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit Monday accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies, Rocket Mortgage and Amrock. The Jason Mitchell Group is also implicated in the alleged violations of the Real Estate Settlement Procedures Act (RESPA). According to the CFPB, between 2019 and 2024, real-estate brokerage firm Rocket Homes purportedly incentivized real estate brokers and agents with referrals and priority for fu
Real Estate News
DECEMBER 21, 2024
Agents and teams are making late-year moves, and firms are expanding through M&As. Plus, Anywhere brand franchises announce 5 new offices or affiliations.
Keeping Current Matters
DECEMBER 25, 2024
There’s no doubt that owning a home comes with significant financial benefits.
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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.
Inman
DECEMBER 24, 2024
With the right mindset, clear goals and a commitment to excellence, CEO Craig Tann writes, you can turn any challenge into a success story.
Fancy Pants Homes
DECEMBER 19, 2024
Another year flew by, and here we are again, counting down the days until Christmas. Its been a year filled with ups and downs, but were not here to force you to revisit them. Instead, we want to spread some much-needed holiday cheer and try to ease you into the Christmas mood and forget everything else thats going on. Easier said than done, right? Well, lets give it a try.
Housing Wire
DECEMBER 19, 2024
After initially entering the mortgage business in 2003 following a career change from accounting, Rick Rodriguez was reading a book about mortgages that included a chapter on the reverse mortgage product. He remembered thinking the chapter was intriguing and flagged it in his mind so he could look into the product further. After asking his colleagues if it was a product they offered, he was told that they doubted hed ever be in a position to sell reverse mortgages.
Real Estate News
DECEMBER 23, 2024
These evaluations have the potential to make or break a transaction, and many buyers will have questions about whats involved and whats at stake.
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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.
Keeping Current Matters
DECEMBER 26, 2024
Planning to buy a home soon? Why not go for something brand-new?
Inman
DECEMBER 24, 2024
Zillow stayed the course as it continued to develop its super app while real estate brokerages raced to adapt artificial intelligence and property managers benefitted from new rental software.
RIS Media
DECEMBER 23, 2024
2024 is closing out with a dip in consumer confidence, according to the latest monthly report from the Conference Board. In particular, the reports Expectations Index (tracking consumers short-term outlook on income, business and the labor market) dropped by 12.6 points, signaling increased economic pessimism. Moreover, purchasing plans for homes were down slightly in December,… The post Consumer Confidence Drops in December After Previous Monthly Increases appeared first on RISMedia.
Housing Wire
DECEMBER 19, 2024
The COVID-19 pandemic turned previously sleepy cities into boomtowns.Expanded or permanent work-from-home policies gave people more flexibility in where to live, and those in uber-expensive markets like San Francisco and Manhattan took advantage by moving to areas where they could get more space for less money. This created incredibly competitive housing markets in smaller cities that pushed sales and prices sky high.
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