Housing Wire
NOVEMBER 22, 2024
As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024, representing a small change after four years of fluctuations.
Keeping Current Matters
NOVEMBER 22, 2024
If you’re planning to list your house in 2025, it’s already time to start working on any repairs. But where do you start?
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Housing Wire
NOVEMBER 22, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. The real estate market is constantly shifting, and today’s market calls for agents to return to the more tried-and-true marketing strategies. While the post-COVID market saw homes selling at record speeds, recent changes have shown us the importance of foundational tactics for success.
Calculated Risk Real Estate
NOVEMBER 22, 2024
Towards the end of each year, I collect some housing forecasts for the following year - and also provide my own outlook. Several more forecast will be available in early December. It is early, but for comparison, new home sales in 2024 will probably be around 705 thousand, up from 666 thousand in 2023. Total housing starts will be around 1.35 million in 2024, down from 1.42 million in 2023.
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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.
Housing Wire
NOVEMBER 22, 2024
As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Fix-and-flip lender Kiavi , in partnership with John Burns Research and Consulting , released its Q3 2024 fix-and-flip market report this week.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
NOVEMBER 22, 2024
In recent years, renting has become increasingly expensive , particularly since the onset of the COVID-19 pandemic. While national rent growth has cooled compared to the double-digit surges of recent years, it remains consistent with pre-pandemic levels. In November 2023, CoreLogic reported a 2.7% annualized increase in U.S. single-family rents. But the narrative is more complex in niche markets like the Texas capital of Austin.
RIS Media
NOVEMBER 22, 2024
Real estate data provider PropStream has announced an update to its interface, including new search filters, datasets and enhanced search capabilities. The company says its UX/UI update was designed with efficiency and ease of use in mind, redefining how PropStream users can search, save and study properties on PropStream. Plus, the platform has added several… The post PropStream Announces an Enhanced Interface and New, Highly Requested Search Filters appeared first on RISMedia.
Housing Wire
NOVEMBER 22, 2024
Treating older patients with chronic health conditions can already be a challenge for medical professionals, but some of these challenges can bite harder if a patient endures preventable trauma, including a fall. That’s why it’s so important to ensure a living space is appropriately fashioned for aging in place. This is according to James Taylor, a physician and founder of DwellSafe , a company that assesses homes for risks of falling.
RIS Media
NOVEMBER 22, 2024
The real estate software firm and data provider PropStream has announced its latest platform enhancement: PropStream Intelligence. Driven by machine learning and predictive analytics, PropStream Intelligence is designed to help real estate professionals find leads. The tool’s features include: Property Condition Analysis: Uncover a property’s condition at a glance using a strategic grading system, as… The post PropStream Unveils New Predictive AI Tool: PropStream Intelligence appeared fir
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.
Housing Wire
NOVEMBER 22, 2024
Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent on Thursday filed an amended complaint in their antitrust suit against the National Association of Realtors (NAR) in the U.S. District Court for the Eastern District of Michigan. The plaintiffs take issue with what they claim is a requirement for agents and brokers — in Michigan and nationally — to be members of NAR, their state Realtor association and a local Realtor association in order to gain access to the MLS.
RIS Media
NOVEMBER 22, 2024
With so many twists and turns over the past few years in what has likely been the most impactful residential real estate trial of all time, it’s not surprising that even the accepted name of the class-action lawsuit hasn’t been uniformly agreed upon. It started simply as Sitzer, named for Joshua Sitzer, one of the… The post The Burnett Trial Timeline: Looking and Linking Back to How It Happened appeared first on RISMedia.
Real Estate News
NOVEMBER 22, 2024
“Volunteers” and execs enjoy large salaries and perks, while hard-working members are the ones who bear the burden.
Brownstoner
NOVEMBER 22, 2024
The ambitious Brooklyn Yards development plan, an engineering feat that will build housing over an active rail line, was approved by the City Council on Thursday. The rezoning calls for a 14-building mixed-use mid-rise complex with 267 residences poised on a narrow platform spanning two blocks above a curved section… Read More > The post City Council Greenlights Housing Over Borough Park Rail Line appeared first on Brownstoner.
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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.
Real Estate News
NOVEMBER 22, 2024
Agents suing NAR over membership requirements say associations no longer offer any benefit, while eight defendants were dropped from a Georgia commissions case.
RIS Media
NOVEMBER 22, 2024
Revive Real Estate has announced that in tribute to its 5th anniversary, the presale renovation firm is raising funds and collecting toys to benefit Children’s Hospital of Orange County (CHOC), a renowned pediatric health system dedicated to the well-being of children and families. Based in Irvine, Revive has set up a dedicated giving page, inviting… The post Revive Real Estate Marks 5th Anniversary with Holiday Fundraiser appeared first on RISMedia.
Real Estate News
NOVEMBER 22, 2024
Team and franchise leader Shanan Steere named director of growth operations for KW; John Holley, CEO of Texas' largest MLS, retiring after 20 years.
Brownstoner
NOVEMBER 22, 2024
It isn't too early to start planning historic house tours and events, and for those curious about exploring outside of the five boroughs, Newburgh’s Annual Candlelight Tour provides a prime seasonal celebration. A tradition for more than 40 years, the self-guided tour offers a chance to step inside spaces both… Read More > The post Step Inside Some of Newburgh’s Historic Homes With the Annual Candlelight Tour appeared first on Brownstoner.
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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.
BAM Media
NOVEMBER 22, 2024
It’s nearing the end of 2024, which means it’s prediction time for the new year. Thankfully, this isn’t a housing market prediction because every time I post one of those to our @nowbam Instagram, people go completely insane and tell me how useless they are since they never turn out to be true… but hey, they make great content. These social media predictions from Gary Vee , however, might be a little more accurate.
HomeLight
NOVEMBER 22, 2024
Whether you’re heading full-speed toward a new adventure or facing unforeseen circumstances, selling your Deerfield Beach home quickly can be a vital step toward your next chapter in life. As a homeowner in the Sunshine State, you may be looking for a swift, seamless home sale but are unsure of the right place to start. In this guide, we’ll explore your best options for a fast home sale in Deerfield Beach.
Brownstoner
NOVEMBER 22, 2024
Our picks for open houses to check out this weekend are found in Carroll Gardens, Windsor Terrace, Midwood Park, and Homecrest. They range in price from $4.675 million to $2.2 million. 82 3rd Place Price: $4.675 million Area: Carroll Gardens Broker: Daniel Gale Sotheby's (Gail M. Donnarumma) Sunday November 24, 1-2:30 p.m. See it here -> 125… Read More > The post A Midwood Park Standalone With a Garage and More to See, Starting at $2.2 Million appeared first on Brownstoner.
Inman
NOVEMBER 22, 2024
Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost.
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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.
HomeLight
NOVEMBER 22, 2024
Selling your home quickly can feel like a daunting task, particularly if you are facing an unexpected life change or an impending financial deadline. If you’re a homeowner in The Garden City grappling with the question, “How can I sell my Augusta house fast?” you’ve arrived at the right place. This guide aims to walk you through the fastest-selling options at your disposal, helping you hone in on the best path for your unique priorities and needs.
Inman
NOVEMBER 22, 2024
As a Project 2025 author, Carson called for raising FHA premiums and a “reset” of HUD to reverse "corrosive progressive ideologies across the department’s programs.
HomeLight
NOVEMBER 22, 2024
Some homeowners in Oklahoma choose to sell their property without a realtor to keep more cash in their pockets. They prefer handling things on their own rather than paying a commission fee. Others are motivated by the desire for more control over the entire process, from setting the price to negotiating directly with buyers. While the “ For Sale By Owner ” or FSBO (pronounced “fizz-bo”) route offers money savings and lets you call the shots, it’s not all smooth sailing.
Inman
NOVEMBER 22, 2024
Broker-owner Butch Leiber offers tips for providing a higher level of service to clients and conveying a higher level of professionalism to the public.
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