Housing Wire

DECEMBER 6, 2024

RealEstateNews.com Tech trends, real estate news, brokerage and agent trends and news, and a data and research resource. Here are some recommendations for sources we trust: Latest news and market trends HousingWire.com Timely real estate industry news, market trends, weekly market reports, agent advice, and more.

Pre-approval 391

Pre-approval Design Industrial Agents 391

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. In much of suburban New Jersey, where new construction is rarer than cheap Bruce Springsteen tickets, the pandemic-era conditions never left.

Loan Officer 395

Loan Officer Pre-approval Marketing New Construction 395

Housing Wire

JULY 26, 2021

They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers. And they paid a 1% fee to their solicitor for their purchase. Solicitors are legally required when purchasing a home in Ireland.). All in all, my parents paid 4.5% And that home rental between closings?

MLS 397

MLS Purchase and sale agreement Brokerage Closing 397

Housing Wire

APRIL 9, 2024

Last week, we wrote a Letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t. All these homebuyer charges add up. We need to rein them in. Three yards and a cloud of dust.

FHA loan 476

FHA loan Loans Title Mortgages 476

Housing Wire

MAY 14, 2024

Last week, we wrote a letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t. All these homebuyer charges add up. We need to rein them in. Three yards and a cloud of dust.

FHA loan 400

FHA loan Loans Title Banks 400

Housing Wire

MARCH 1, 2022

This isn’t a new story in mortgage lending or real estate brokerage. Homeowners deserve it. In addition, brokerage companies are building their own suite of technology tools to serve both agents and consumers rather than piecing together a platform of products and services from multiple vendors. Brokerage tech solutions.

Technology 392

Technology Brokerage Lending Mortgages 392

Inman

SEPTEMBER 25, 2023

The 2023 real estate market has been a bit of a conundrum for agents and brokerages. Construction of new homes is largely stalled or at least not meeting the high demand, and many homeowners who locked in record-low interest rates during the pandemic simply aren’t willing to leave their homes and sell.

Construction 197

Construction Brokerage Mortgages Agents 197

Housing Wire

MARCH 2, 2022

Homeowners in Atlanta sold the most homes using an iBuyer, followed by Phoenix, Dallas-Fort Worth, Charlotte and Houston, according to the Zillow report. Experts attribute this increase to the typical seasonal slowdown seen in during the winter, as well as the ongoing labor and material shortages causing construction and repair backlogs.

Sales 370

Sales Construction Investor Closing 370

Housing Wire

JANUARY 13, 2023

National real estate brokerage platform Redfin reports that investor home purchases dropped more than 30% year over year in the third-quarter of 2022, which is “the largest decline since the Great Recession, aside from the second quarter of 2020,” at the height of the pandemic. We estimate that the national median rent fell by 0.8

Marketing 448

Marketing Investor Due diligence Loans 448

Real Trends

MARCH 7, 2023

The company employs designers, planners and construction workers to supervise the contractors’ work. area based presale renovation company HomePrep last month and partnered with Florida-based brokerage The Keyes Company last December. The company claims that listed renovated homes sell faster than those that are not.

Renovation 85

Renovation Brokerage Sales Construction 85

GeekEstate

OCTOBER 29, 2021

are up 16% year-over-year, interest rates remain near historic lows and housing construction starts are up meaningfully for the first time in more than a decade (for more detail on this, see my recent housing market update ). Novel real estate agent and brokerage models. More tools for homeowners to manage their largest asset.

Technology 136

Technology Marketing Purchase and sale agreement Equity 136

Sotheby's International Real Estate

AUGUST 10, 2023

Anthony Paradise and Sophia Germano – Sotheby’s International Realty – Beverly Hills Brokerage Smaller homes are trending up for luxury homebuyers, especially near city centres where a more modest footprint can offer greater access to desired locations and amenities.

Construction 63

Construction Brokerage Design 63

Realty Biz

NOVEMBER 10, 2021

Zhitov, serving as the new shop’s managing broker, brings years of experience across the globe in commercial and residential real estate, developments and luxury housing construction. Each brokerage is independently owned and operated. For more information, visit evrealestate.com.

Commercial 93

Commercial Residential Construction Brokerage 93

Inman

OCTOBER 25, 2023

First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior.

Mortgages 198

Mortgages New Construction Construction Sales 198

Marco Santarelli

APRIL 25, 2024

Many homeowners, locked in with historically low mortgage rates, are reluctant to sell. A recent report by Redfin, a real estate brokerage, reveals a surge in housing supply in several Florida metros. This trend is attributed to a combination of factors: increased construction and shifting affordability dynamics. 48% Tampa, Fla.

Marketing 94

Marketing Construction Sales Closing 94

BAM Media

MARCH 20, 2025

Brooklyn isnt far behind with a $3,600 median rent and an even crazier 35% of new leases getting bid up (data according to brokerage firm Douglas Elliman). Across the country, a wave of new rental construction is pushing prices downbut thats not happening in NYC, where new builds remain limited. One major factor: supply.

Days on market 59

Days on market Investor Marketing Construction 59

The Close

SEPTEMBER 8, 2022

We’ve researched multiple sources to bring you 111 of the most compelling real estate stats from across the industry—covering everything from market performance, agent demographics, marketing, teams, brokerages, and more. Real Estate Brokerage Statistics. Real Estate Brokerage Statistics. Looking for a Realtor? Who is Selling?

Equity 139

Equity Agents Brokerage Closing 139

Housing Wire

MARCH 3, 2022

Whether it’s information about the transaction or the appraisal, or the homeowners insurance, numbers, that stuff should all be able to be gathered in one place so that the customer always knows what’s going on. We should be able to free flow, we should be able to share data when it’s beneficial for the customer, right?

Mortgages 358

Mortgages Technology Loans As-is 358

Realtor.com

JUNE 18, 2021

Short for “for sale by owner,” these are properties that homeowners are selling on their own, typically to save money that traditionally goes toward a real estate agent’s commission. Getty Images When you’re shopping for a home, you might encounter certain homes listed as FSBO. They are still saving the listing agent fee.

Purchase and sale agreement 122

Purchase and sale agreement Agents Sales Construction 122

Realtor.com

APRIL 29, 2021

All-cash bids and multiple offers way above asking are pricing many would-be homeowners right out of the market, or leaving them feeling hopeless. Before the 2008 housing crash, Miami Beach was one of the hottest markets for new construction. so builders ramped up construction to keep up with demand. Lots and lots of condos.

Construction 140

Construction Renovation As-is Marketing 140

First Team Real Estate

AUGUST 31, 2021

It’s definitely a tough market to sell land currently as construction costs and materials are at all-time highs, so I knew I had to work non-stop to get this lot sold. Previously listed for over 500 days without a single offer, Brian worked quickly and efficiently to market the land and reach as many prospective buyers as possible.

Land 98

Land MLS Agents Construction 98

Realty Biz

JANUARY 6, 2022

Homeowners saw average home prices skyrocket nearly 20% which was the largest annual home price increase in the history of the House Price Index. We were always the top boutique luxury brokerage in the market but in recent years, I found we were getting squeezed and losing deals to other newer and larger companies.

Brokerage 89

Brokerage Agents Branding Construction 89

RIS Media

JUNE 22, 2021

That quite concisely sums up the motivation behind REALTOR® David Silvas’ decision to team up with Curbio—the all-in-one home improvement company for real estate agents—to craft a concierge experience for his clients in order to give his boutique brokerage (Private Office Real Estate in Century City, California) a distinct competitive edge.

Staging 88

Staging Brokerage Inspection Closing 88

Realty Biz

NOVEMBER 6, 2022

Talking over the noise of construction, the Broker/Owner explained that she had been through enough disasters over the years to know there is going to be tremendous opportunity ahead. Agents and teams are shifting to new brokerages in droves and in a down market, you can’t cut your way to profitability, you have to double down on recruiting.

Marketing 87

Marketing Brokerage Agents MLS 87

RIS Media

SEPTEMBER 2, 2021

Brokerages have shown some indication that they will lead by example, making their own practices more sustainable. Aman Daro is the chief operating officer at Red Oak Realty, an independent brokerage in the San Francisco Bay Area, boasting about 150 agents. What Is ‘Green?’

Design 98

Design Technology Construction Brokerage 98

RIS Media

JUNE 2, 2021

“Portals like Zillow, and tech brokerages like Redfin, can deliver a great digital consumer experience for real estate, but ultimately lack the local market expertise and personalized service that experienced agents provide,” says Gray. – Making it easy for consumers to get educated, collaborate and take action.

Technology 98

Technology Agents Development Brokerage 98

Realty Biz

JULY 12, 2022

Overseeing the day-to-day operations of Engel & Völkers Kamas are broker Aly George, an operations and management expert with more than 30 years of experience in real estate, and shop manager Austin Smoot, a Utah native and active real estate professional for 17 years with a special expertise in construction and development.

Branding 84

Branding Construction New Construction Development 84

HomeLight

APRIL 14, 2023

Title search fee $250 Property taxes (May need to pay back buyer) Varies Wire transfer fees $30 Outstanding amounts (utility bills, HOA fees) Varies Compliance fee (paid to seller’s brokerage) $375 Typical seller closing cost total (7%-8%) $15,176-$17,344 *Example estimate based on a $216,800 median-priced Michigan home.

Closing costs 102

Closing costs Closing FHA loan Inspection 102

Real Trends

NOVEMBER 3, 2022

This niche encompasses a diverse population of hopeful homeowners looking for everything from single-family homes to unique, custom properties. Green buyers often want sustainable construction practices. Working for a brokerage specializing in these properties is often the best way to get your footing.

Short sale 111

Short sale Real-estate owned Construction Brokerage 111

The Residential Specialist

MAY 3, 2022

“Builders that received federal incentives for new construction could pass those savings onto buyers. Homeowners can see the cost savings of upgrades and receive rebates from utility companies.”. Brokerage in Aurora, Ontario in Canada.

Marketing 98

Marketing MLS Agents Design 98

Toronto Realty Blog

OCTOBER 17, 2024

Booking a showing with a conventional brokerage is very easy. Around the time I got into the industry, a new company called BrokerBay became the booking system of choice for nearly every brokerage. The listing brokerage cannot release these funds under any circumstances. That’s where things got very interesting.

Purchase and sale agreement 106

Purchase and sale agreement Brokerage Agents Inspection 106

Toronto Realty Blog

MARCH 2, 2022

Last week, an agent in our brokerage had an “offer night” on one of his listings and multiple offers resulted. That buyer produced a deposit cheque in the form of a bank draft, and that bank draft was handed over to our brokerage and deposited in our brokerage’s trust account. That leaves homeowners at risk.

Banks 105

Banks Brokerage Agents As-is 105

Marco Santarelli

OCTOBER 22, 2023

Redfin, a leading real estate brokerage, has estimated that there will be only around 4.1 Furthermore, during the four weeks ending on October 15, the housing market saw a nearly 14% decrease in available homes, as homeowners opted to hold onto their lower borrowing rates. year over year last month.

Sales 52

Sales New Construction Marketing Construction 52

The Residential Specialist

FEBRUARY 26, 2021

Sanders and her husband established their brokerage, The Neil & Julie Sanders Team, in 2007, just two years after Hurricane Rita ravaged the area in 2005. It seems like there’s just constant construction here because of disaster relief.”. It’s a lot for one region to take. Like residents, the real estate market is resilient.

Natural hazards disclosure 93

Natural hazards disclosure Seller disclosure Construction As-is 93

Sotheby's International Real Estate

AUGUST 20, 2020

Today we’re highlighting two homes designed by female-led teams—one vision created by a designer with an established firm and another conceptualized by an inspired homeowner. Glasser , Sotheby’s International Realty – East Side Manhattan Brokerage. A New York Penthouse Designed by Emma Donnersberg Interiors.

Design 79

Design Construction Brokerage As-is 79

Real Trends

NOVEMBER 18, 2022

The company’s Homeowner Equity Report , for instance, provides a quarterly overview of the distribution of equity across all US single-family properties with a mortgage. The report includes details for every state and 10 of the major US metros. HousingWire. City-Data.com.

Industrial 92

Industrial Equity Construction Mortgages 92

Toronto Realty Blog

DECEMBER 19, 2023

So without further adieu, here are the “Top Five Real Estate Stories Of 2023” as I see them: #5: Condos, Development, & Pre-Construction This “theme” or story has far-reaching implications; at least more so than what you might conclude simply from the title. Pre-Construction. Development.

Pre-approval 98

Pre-approval Construction Development Agents 98