Housing Wire
MARCH 4, 2024
At HousingWire , we have a debate about whether home sellers will freeze up again this year as mortgage rates stay stubbornly high. We’ve had seller growth for 18 weeks in a row. I’ve previously been confident that trend will continue. A couple months ago, when rates were in the 6s still, I suggested that we could see 15% home sales growth this year.
Keeping Current Matters
MARCH 4, 2024
If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage.
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Housing Wire
MARCH 4, 2024
The mayor of Miami-Dade County wants to leverage the bond market to create a fund that will finance affordable housing projects, according to a Bloomberg report published Monday. Mayor Daniella Levine Cava will propose a new property tax-backed debt package later this year that would raise $2.5 billion to cope with the local housing crisis. Out of the $2.5 billion, $800 million would be allocated to affordable housing projects, while the rest would be used to improve area parks, sewage systems a
Real Estate News
MARCH 4, 2024
In an amended complaint, plaintiffs in a sexual assault case describe the defendants’ roles in the misconduct and ask for a new trial date.
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
MARCH 4, 2024
Rithm Capital , a New York-based asset manager with a focus on real estate — and the parent of multichannel lender Newrez — is the latest company in the mortgage space to issue debt. Rithm is joining a list that includes competitors Mr. Cooper Group , Freedom Mortgage , PennyMac Mortgage Investment Trust and Pennymac Financial Services , each of which have issued debt since September 2023.
Real Estate News
MARCH 4, 2024
Buffett’s Berkshire Hathaway Energy — parent of HomeServices of America — added as a defendant in the Gibson case as filing calls out the billionaire’s actions.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
MARCH 4, 2024
The real estate conference season is heating up, as multiple real estate brands descend on Las Vegas to rally agents and brokers for what will undoubtedly be another challenging year. Century 21 is the latest brokerage to roll the dice in Sin City, with its annual One 21 Experience taking place in the Fontainebleau from Mar. 4 to 7.
Housing Wire
MARCH 4, 2024
We millennials (at over 40, I’m an elder millennial or Xennial) are a vocal bunch for sure, having been the designers and original influencers of social media (Think: Mark Zuckerberg and Kim Kardashian!)! Assuredly, social media is like our personal journals, for better or worse. As a result, unlike past generations, where often it was only prominent commentators and news reporters whose voices would reach thousands or more, saying the quiet things out loud, we are the first generation to come o
Inman
MARCH 4, 2024
Recent luxury forecasts from Coldwell Banker and Christie's International Real Estate show optimism in the market, and plenty of demand for new technology. Intel examines their findings.
Housing Wire
MARCH 4, 2024
In our dedication to providing the full picture to housing professionals across the U.S. housing market, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market. Illinois Realtors is one of the largest trade associations in the country and is dedicated to advocacy, education and ethics for real estate practitioners.
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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.
Inman
MARCH 4, 2024
Twenty participants in the new program will not have to pay Doss' normal $15,000 franchise fee, though they will have to commit to growing their businesses.
Housing Wire
MARCH 4, 2024
The legendary billionaire CEO of Berkshire Hathaway , Warren Buffett , has found himself at the center of one of the nation’s largest real estate commission lawsuits. In an amended complaint filed on Monday, the plaintiffs in the Gibson commission lawsuit , which was filed in early November in Missouri by Michael Ketchmark, the attorney for the plaintiffs in the Sitzer/Burnett suit , added Berkshire Hathaway Energy Company to the list of defendants.
Inman
MARCH 4, 2024
Amended complaint alleges Warren Buffett's company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy.
Housing Wire
MARCH 4, 2024
Add mortgage tech firm Guideline Buddy to the list of companies with an artificial intelligence -powered chat tool. Guideline Buddy’s chatbot leverages generative AI technology to simplify the loan qualification process by providing swift and accurate information, freeing professionals from the time-consuming burden of sifting through extensive documentation, the firm said.
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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.
Inman
MARCH 4, 2024
Cities within the path of totality for the eclipse on April 8 are experiencing a 1,000 percent increase in searches for the short term rentals.
Housing Wire
MARCH 4, 2024
Three Bayview Asset Management -owned mortgage servicers are seeking to halt a plaintiff’s filing in a data breach lawsuit, citing an overabundance of confidential information shared about the incident, National Mortgage News first reported. The objection, filed on Feb. 28 in federal court, represents the latest development in an ongoing lawsuit involving a data breach.
Bigger Pockets
MARCH 4, 2024
Another bill is targeting real estate investors—this time, with a goal to “help Main Street compete with Wall Street.” What's in the bill? And what are the consequences for investors if passed?
Housing Wire
MARCH 4, 2024
The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was not the same between the retail and wholesale channels of the business. The pullback in retail was not as severe as the one in wholesale. HECM endorsements in the retail channel dropped by 43.4% in 2023, while the wholesale channel saw a steeper decline of 55% compared to 2022, according to recent data f
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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.
Bigger Pockets
MARCH 4, 2024
Investors must switch up strategies now that easy money policies are a thing of the past. Low-cost properties have become a bigger slice of the pie, and it's likely to stay that way, even when mortgage rates inevitably fall.
Housing Wire
MARCH 4, 2024
In many respects, 2023 was the year of the homebuilder. The persistent scarcity of existing homes drove buyers toward newly built properties, allowing builders to maintain double-digit margins. New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. This surge in new construction activity sparked a wave of consolidation within the industry, with public and private homebuilders engaging in 12 merger and acquisition (M
Bigger Pockets
MARCH 4, 2024
Renting by the room is still a sound strategy for those looking to invest in 2024, especially prospective house hackers looking to get into real estate investing. Here's how you can do it today.
Calculated Risk Real Estate
MARCH 4, 2024
Press Release: ICE Mortgage Monitor: First-Time Homebuyers Make Up Record 47% of GSE Purchase Loans, 39% of All 2023 GSE Securitizations in 2023 Though originations hit a 30-year low in 2023 , ICE eMBS data shows first-time homebuyers (FTHB) made up the highest share of agency purchase security issuance in at least 10 years In 2023’s 80%+ purchase-driven market, FTHBs account for an exceptionally high share (44%) of overall agency securities issuance, raising the specter of performance ris
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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.
Bigger Pockets
MARCH 4, 2024
Where’d all the cash flow go? More than ever, rental property owners are waking up to find less and less mailbox money coming in every month.
Calculated Risk Real Estate
MARCH 4, 2024
This is a technical note from housing economist Tom Lawler and will likely have an impact on mortgage rates. Some Thoughts on Quantitative Easing and Quantitative Tightening It has now been well over a year since the Federal Reserve began its “quantitative tightening.” The overall size of the Fed’s balance sheet is down by about $1.4 trillion from its peak, with the bulk of that decline coming from 3/22/23 to 2/28/23 ($1.167 trillion).
Brownstoner
MARCH 4, 2024
For a sense of Brooklyn charm it is hard to beat the petite mews houses of Warren Place. Commissioned by philanthropist Alfred Tredway White in 1878, the stretch of Gothic Revival workers’ houses are tucked behind a fence with a shared garden and pedestrian-only access in the Cobble Hill Historic… Read More > The post Charming Warren Place Mews House With Large Garden, Parking Asks $2.75 Million appeared first on Brownstoner.
RIS Media
MARCH 4, 2024
Century 21 Real Estate LLC has announced the affiliation of female-led Florida-based brokerage, Soflo Home Realty Corp. Located north of downtown Miami in Delray Beach, the six-year-old multilingual firm assists affluent clients in markets from luxury pre-construction and new construction homes. As of January 2024, the firm will be led by 19-year industry veteran and… The post Century 21 Expands Further in Florida appeared first on RISMedia.
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Maximum Exposure Real Estate
MARCH 4, 2024
First-Time Buyer Home Insurance Explained Are you looking for home insurance for your first home purchase? For first-time home buyers, navigating the homeowner’s insurance landscape can feel overwhelming, but protecting your new investment is crucial. As a first-time home buyer, you will be presented with the option of buying home insurance to protect your investment. […] The post Home Insurance For First Time Buyers: What You Need to Know appeared first on Maximum Real Estate Exposu
RIS Media
MARCH 4, 2024
Minority homeownership—specifically the state of Black homeownership—has been an ever-present topic of conversation in the real estate sphere for years. Beyond the current common challenges of homebuying, Black homebuyers are faced with hurdles created from systemic issues within the housing market and other facets of the U.S. While there has been definite improvement over the… The post Experts Share Insights on the State of Black Homeownership appeared first on RISMedia.
Maximum Exposure Real Estate
MARCH 4, 2024
How to Make Your Home More Energy-Efficient One of the questions people often ask is how can I make my home more energy efficient. This is undoubtedly the case with an older home. Buying an older home allows you to live in a property with history and charm. However, it also brings its share of […] The post Improving Energy Efficiency in An Older Home: Best Upgrades Explained appeared first on Maximum Real Estate Exposure.
RIS Media
MARCH 4, 2024
Professionals interested in forming a team will likely take into account that the team, properly developed, will become one of the main assets they have. In 1965, Dr. Bruce Tuckman, who studied group dynamics and educational psychology, published a theory titled, “Tuckman’s stages of group development.” The theory listed four phases in building a team:… The post Want to Help Establish a Successful Real Estate Team?
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.
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