Inman
JANUARY 2, 2024
In the latest profile in his Snapshot series, Brandon Doyle talks to RealScout co-founder Andrew Flachner about how tech can transform the way agents and clients interact.
Housing Wire
JANUARY 2, 2024
The last week of data for the year U.S. real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. Inventory is slowly but steadily increasing over last year, which means slightly more options for buyers this spring. Sales rates are climbing. We have more homes going into contract each week now than we did a year ago — supply and demand are climbing together.
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Keeping Current Matters
JANUARY 2, 2024
If your listing has expired and your house didn’t sell, it's completely normal to feel a mix of frustration and disappointment.
Housing Wire
JANUARY 2, 2024
The “ silver tsunami ” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on the housing market this year, according to analyst Meredith Whitney in a conversation with Yahoo Finance. “[T]he other major demographic trend you see is the aging of America,” Whitney said.
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.
Real Estate News
JANUARY 2, 2024
MoxiWorks predicts home sales will increase 8% year-over-year in January, which could bolster economist predictions of a rebound in 2024.
Housing Wire
JANUARY 2, 2024
U.S. single-family rent growth softened year-over-year in October, but remained above pre-pandemic levels. Rental prices were up by 2.5% annually in October, cooling from 2.6% annual growth in September. It was the largest drop between September and October in more than a decade. Rent growth was also the lowest since the summer of 2020. That’s according to CoreLogic ’s Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 2, 2024
New York-based nonbank mortgage lender RealFi (formally known as Residential Home Funding Corp. ) laid off employees in December and did not issue their last paychecks or provide a severance package, former workers told HousingWire. The company’s executives held a conference call with employees on Dec. 15, notifying them about the job cuts because of a “lack of work” and “warehouse lines of credit,” a former underwriter told HousingWire anonymously for fear of retaliation.
Real Estate News
JANUARY 2, 2024
Robert Reffkin got a hefty cash bonus and a raise for 2024, but he had to give up a stock plan worth upwards of $25 million.
Housing Wire
JANUARY 2, 2024
Some people still think of social media platforms as places where your grandma’s dance moves go viral and your dog has more followers than you. While that may be accurate, as digital platforms continue to evolve at an exceptional rate, it has become nearly impossible for businesses to thrive without a social presence. In 2023, we saw a lot of changes and movement among some of the most influential players in social media.
Inman
JANUARY 2, 2024
Fourteen of the real estate industry's biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new year.
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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.
Housing Wire
JANUARY 2, 2024
For many real estate professionals, 2023 was the year of the commission lawsuit , and the year could not end without one last copycat suit. Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions.
Inman
JANUARY 2, 2024
An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000.
Housing Wire
JANUARY 2, 2024
When will the mortgage industry know it has reached the tipping point where innovation is no longer a competitive advantage but an existential need? Maybe when it consistently fails to attract viable, aspirational customers (in part because it is cycling through last year’s leads and legacy customers instead of innovating new pathways to reach underserved , high-propensity homebuyer communities).
Inman
JANUARY 2, 2024
As Shant Banosian gears up to speak at Inman Connect New York in January, he sat down with Inman to discuss the landscape for mortgage lenders heading into 2024.
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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.
Housing Wire
JANUARY 2, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. From Bethesda and Towson to Havre de Grace and Silver Spring, it’s now easier than ever to complete the required 60 hours of real estate prelicensing classes from the comfort of your own home in Maryland. Let our expert guide help you pinpoint the best Maryland real estate school and program to fit your goals, budget, and learning style.
Inman
JANUARY 2, 2024
The rental market is entering the new year with a major boost in inventory and cooling rental growth — two factors that are expected to yield a mixed bag of results for landlords and tenants alike.
Housing Wire
JANUARY 2, 2024
2023 is in the rearview mirror — a year of tumult, reduced volume and a wave of industry exits and consolidations. While most have their eyes on the horizon, HousingWire’s dedicated reverse-centric publication, Reverse Mortgage Daily (RMD), will look back one more time at a year of challenge. Here, RMD takes stock of three of the biggest reverse mortgage industry stories of the year and how they helped change the face of the business as we head further into 2024.
Inman
JANUARY 2, 2024
The share of U.S. homebuyers looking to move to a different city declined for the third straight month in November, according to a new report from Redfin.
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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.
Housing Wire
JANUARY 2, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Ready to get your real estate license in Pennsylvania? You’ll want to enroll in one of the best Pennsylvania real estate schools to gain the skills and knowledge you’ll need to ace the state exam and succeed in your new career.
Inman
JANUARY 2, 2024
Rent began to reverse, office vacancy remained near record highs, banks failed and lending got tricky in 2023. Where are we headed next?
RIS Media
JANUARY 2, 2024
Have you been trying to buy a home for months without any luck? Do you find yourself constantly losing out to other buyers? Have you made several offers on houses? Over the last several years, potential buyers have faced an extremely challenging environment. Few houses and high demand lead to a significant percentage of bidding… The post Is an Escalation Clause a Good Idea When Buying a House?
Inman
JANUARY 2, 2024
New Inman contributor Bobbie Wasserman writes that in the 50 years since passage of the Equal Credit Opportunity Act, a combination of the Sheconomy and the Great Wealth Transfer is transforming women into an intergenerational economic powerhouse.
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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.
Brownstoner
JANUARY 2, 2024
An affordable housing lottery has launched for 87 apartments in a new development on Fort Greene’s South Portland Avenue. The site formerly belonged to an orphanage and is now among a row of church-owned properties. The 13-story Hanson Place Community Plaza development at 142 South Portland Avenue has 104 units total.… Read More > The post Affordable Housing Lottery Opens for Fort Greene Apartments Starting at $910 a Month appeared first on Brownstoner.
RIS Media
JANUARY 2, 2024
Better Homes and Gardens Real Estate has published a list of 10 topics that homebuyers and sellers must consider in 2024. The list is as follows: Understand that owning a home helps your overall financial picture. “Homeownership is the fastest and most reliable way to stabilize your housing expense and build wealth at the same… The post Top 10 Topics Homebuyers and Sellers Are Focused on in 2024 appeared first on RISMedia.
Calculated Risk Real Estate
JANUARY 2, 2024
Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2024. Some of these questions concern real estate ( inventory, house prices, housing starts, new home sales ), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on my blog). I'm adding some thoughts, and maybe some predictions for each question.
Bigger Pockets
JANUARY 2, 2024
Inflation broadly impacts the overall economy, causing the prices of goods and services to rise. This can have rippling effects across various sectors, including the real estate market.
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RIS Media
JANUARY 2, 2024
The January issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at how Realty Alliance has grown their resource network to provide all 50 companies it’s comprised of with the best tools for success. In addition, we look at Colibri’s approach to… The post The January Issue of Real Estate Magazine Is Now Live appeared first on RISMedia.
Eye on Housing
JANUARY 2, 2024
NAHB analysis of Census data shows that private residential construction spending rose 1.1% in November, after an increase of 2% in October. It stood at a seasonally adjusted annual pace of $897 billion. Total private residential construction spending is 3.7% higher compared to a year ago. The monthly increase for total construction spending is attributed to more co single-family and.
Brownstoner
JANUARY 2, 2024
By Adam Daly Green-Wood Cemetery, Brooklyn’s largest burial ground, is officially on the hunt for its newest in-house artist, with applications for the 2024-2025 Artist-in-Residence Program open through January 31, 2024. Once the deadline has passed, the cemetery’s education and public programs department will select one visual or performance artist who,… Read More > The post Historic Green-Wood Cemetery Seeks Its Next Artist-in-Residence appeared first on Brownstoner.
RIS Media
JANUARY 2, 2024
I am a real estate agent with over a decade of experience working in Southern California. Many lawsuits have recently been ruled on or filed regarding the state of real estate agent commissions. Although I cannot speak as a legal professional, I can speak as the elected President of the largest Asian American, Native Hawaiian,… The post An Open Letter to Judge Stephen Bough and the U.S.
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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