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Home sales are up over last year

Housing Wire

Home sales are significantly better than they were last year at this time. These are homes that will generally close in November and December. Another tricky part of communicating this news is that home sales aren’t suddenly great. Another tricky part of communicating this news is that home sales aren’t suddenly great.

Sales 396
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Compass in negotiations to buy HomeServices of America

Housing Wire

The deal involves two of the nations top-four brokerages by sales volume in 2024, according to data from RealTrends Verified. billion across more than 177,000 home sales. billion across nearly 236,000 sales. That deal is expected to close in the second or third quarter of 2025. Compass ranked No. 1 last year with $184.5

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How a new agent closed $17 million in his second year using this simple strategy

Housing Wire

Tom closed over $17 million in volume in his second year in real estate. Tom Brennan: By the numbers Market: Charlotte, North Carolina Niche: Luxury homes Year one sales volume: $1.9 The local competition in Charlotte was fierce, and with only a handful of closed deals, he knew he couldnt compete with experienced agents.

Closing 370
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Black Friday deals on a new home? Here you go

Housing Wire

That’s right, there are Black Friday home sales! The promotion applies to select homes in various housing developments across multiple cities. Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year.

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Here’s why we won’t build millions of new homes

Housing Wire

Since a Fed president makes this claim, it’s worth examining the data closely as he and his staff should be able to see the same housing data we are all looking at. We should note that existing home sales are in the third consecutive year of the lowest sales on record when you adjust to the workforce size.

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Lower mortgage rates are spurring housing demand

Housing Wire

Despite the crazy negative headlines, existing home sales aren’t crashing based on the data we are seeing now. Weekly total pending sales The latest weekly total pending contract data from Altos offers valuable insights into current trends in housing demand. As we can see, the outlook for 2025 appears to be different.

Mortgages 533
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The leadership deficiency in the mortgage industry: How we got here and how we can fix it  

Housing Wire

The reasoning seems simple: if someone excels at closing deals, building relationships with realestate agents , and generating revenue, they must also have the ability to inspire and manage others. Skills such as coaching, conflict resolution, and teammotivation are rarely developed through sales roles alone. Heres how: 1.