Housing Wire

SEPTEMBER 6, 2024

In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This means that the Fed will need to create such a slowdown in the labor market that nobody will question their action when they pivot. This is what I call the “cover cuts” policy. After today’s jobs report and the negative revision to this report and the previous ones, it is safe to say nobody outside of crazy people who want to see America go into a recession will question the Fed rate cut that will happen th

Marketing 423

Marketing Construction Residential Mortgages 423

Real Estate News

SEPTEMBER 7, 2024

Agents in four states — Tennessee, Georgia and the Carolinas — can now access 1.9 million shared listings, while REcolorado and IRES re-up their partnership.

Agents 211

Agents 211

Real Estate News

SEPTEMBER 5, 2024

More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.

Marketing 259

Marketing Mortgages 259

Keeping Current Matters

SEPTEMBER 5, 2024

Luxury living is about more than just stunning views and cutting-edge smart home technology—it's about elevating your lifestyle.

Marketing 227

Marketing Technology 227

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Agents

Inman

SEPTEMBER 3, 2024

Anthony Lamacchia said threats of severe penalties for commission violations leveled by plaintiffs lawyer Michael Ketchmark and Consumer Advocates in American Real Estate are "unnecessary.

Agents 186

Agents MLS Brokerage 186

Housing Wire

SEPTEMBER 1, 2024

Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer, so if the economy gets softer and rates fall, we have many more homes to work with than we had in 2020-2023. I have consistently written that with mortgage rates above 7%, inventory should grow between 11,000-17,000 and this year it has happened six times perfectly in the channel.

Mortgages 496

Mortgages Banks As-is Sales 496

Real Estate News

SEPTEMBER 3, 2024

The policy, which was designed to discourage the sharing of listings via private networks outside the MLS, is being called into question.

MLS 272

MLS Design 272

Keeping Current Matters

SEPTEMBER 2, 2024

If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you.

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Inman

SEPTEMBER 2, 2024

Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they've been all year heading into the NAR settlement era, according to Intel's Client Pipeline Tracker.

Agents 188

Agents Mortgages Brokerage Marketing 188

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Agents

Seattle Times Real Estate

SEPTEMBER 1, 2024

Costs of assisted living can swallow life savings or deplete assets, and many run out of money eventually. For those without resources, there is little help.

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Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market. An additional 27% said they’re targeting a 4% rate, while 20% say it’s 6%.

Mortgages 385

Mortgages Marketing Construction Sales 385

Keeping Current Matters

SEPTEMBER 4, 2024

Now that it’s September, all eyes are on the Federal Reserve (the Fed).

Marketing 255

Marketing Mortgages Agents 255

Inman

SEPTEMBER 6, 2024

Keeping clients fully informed and helping them to think ahead about the logistics and financial implications of a second-home purchase can create more positive feelings and better outcomes, Jonathan Pressman writes.

Agents 162

Agents Marketing 162

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Loans

HomeLight

SEPTEMBER 6, 2024

Buying and selling a home isn’t as straightforward as, say, buying your groceries or shopping on Amazon. Part of the complexity of real estate transactions is that they can involve contingencies — conditions that parties add to an agreement that have to be met before the deal can be finalized. In particular, you may be wondering: what is an appraisal contingency, and why is it important?

Inspection contingency 106

Inspection contingency VA loan Finance Inspection 106

Housing Wire

SEPTEMBER 6, 2024

The reverse mortgage industry is pressing ahead with a chance at lower interest rates later this month. While there were signs of weakness in performance metrics in August, there are also commensurate signs of encouragement, according to industry experts. Home Equity Conversion Mortgage (HECM) endorsements fell by 3.3% from July to August, with the total of 2,200 falling reasonably in line with Federal Housing Administration (FHA) HECM case numbers that posted their own gains in July.

Mortgages 354

Mortgages Industrial Loans Finance 354

Real Estate News

SEPTEMBER 4, 2024

With new industry rules now in effect, the association has released additional resources for buyers and sellers that focus on ethics and steering.

Agents 240

Agents Industrial 240

Keeping Current Matters

SEPTEMBER 3, 2024

Are you on the fence about whether to sell your house now or hold off?

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241

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Sales

Inman

SEPTEMBER 6, 2024

Amid the current economic turmoil, including fears of a potential recession and recent significant stock market declines, real estate professionals must remain vigilant and adaptable, Victoria Kennedy writes.

Marketing 161

Marketing Brokerage Agents 161

Eye on Housing

SEPTEMBER 5, 2024

House price appreciation was recorded in all 50 states and the District of Columbia. Limited resale inventory and strong growth in demand continued to put upward pressure on house prices. Nationally, house prices grew at a relatively slower pace, compared to double-digit annual growth during the COVID-19 pandemic. According to the quarterly all-transactions House Price.

Sales 109

Sales 109

Housing Wire

SEPTEMBER 6, 2024

Millennials and members of Generation Z now make up the majority of military veteran and active-duty homebuyers, but not all cities offer good situations for them. To that end, Veterans United Home Loans conducted a study to find which housing markets are best for current and former military members in these two generations. It concluded that the most favorable markets are on the East Coast and in the Midwest.

Marketing 344

Marketing Loans Mortgages Closing 344

Real Estate News

AUGUST 31, 2024

The president of Better Homes and Gardens Real Estate is focused on moving forward. "You can spend your energy fighting what’s happening, or lean into it.

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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.

Agents

Estate Agent Today

SEPTEMBER 5, 2024

Welcome to this week’s Agents Do Charity, our chance to salute those who do so much to help others. If your agency is doing something charitable that we should bring to the attention of the industry, please email press@estateagenttoday.co.uk – and we’ll do the rest! iamproperty: Proptech firm improperlyhas raised £2,700 through charity initiatives this summer.

Agents 109

Agents Industrial 109

Inman

SEPTEMBER 7, 2024

They've been fighting since 2020, and now NAR plans to take the Department of Justice to the nation's highest court to enforce a previous settlement.

MLS 158

MLS Brokerage Agents 158

Bigger Pockets

SEPTEMBER 4, 2024

News that the Federal Reserve is about to start cutting interest rates has electrified the real estate industry, with homeowners and investors eagerly waiting to see how low rates will […]

Investor 112

Investor Mortgages Industrial 112

Housing Wire

SEPTEMBER 3, 2024

With elevated mortgage rates having persisted over the past two years, Federal Reserve Chair Jerome Powell indicated recently that a cut to the federal funds rate at this month’s meeting of the Federal Open Market Committee (FOMC) is on the table, which would likely have the effect of driving mortgage rates lower. Elevated interest rates have been part of the reality for the forward and reverse mortgage channels since the waning days of the COVID-19 pandemic.

Mortgages 376

Mortgages Equity Finance Lending 376

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Brokerage

Real Estate News

SEPTEMBER 6, 2024

A mixed August jobs report has economists speculating about how deep of an interest rate cut the Federal Reserve might make on Sept. 18.

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RIS Media

SEPTEMBER 6, 2024

Leading Real Estate Companies of the World® announced the addition of Move Concierge to its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. Move Concierge connects home services like TV, internet, phone, home automation, and security, LeadingRE stated. The company’s white-glove service is free for brokerages… The post LeadingRE Adds Move Concierge to Solutions Group Program appeared first on RISMedia.

Brokerage 103

Brokerage Marketing Technology Industrial 103

Inman

SEPTEMBER 5, 2024

Getting ready to be coached isn't just about wanting to change, coaches Melanie Klein and Emily Bossert write. It's about being prepared to do the work it will take to change.

Agents 164

Agents 164