Housing Wire
SEPTEMBER 20, 2024
The Homebuyers Privacy Protection Act of 2024, a U.S. Senate bill introduced this past December that targets mortgage trigger leads, has been incorporated into the fiscal year 2025 National Defense Authorization Act (NDAA). This is a bill that Congress must pass each year, since it refers to laws that specify the annual budget for the U.S. Department of Defense (DOD).
Real Estate News
SEPTEMBER 20, 2024
A new guide explains the types of compensation allowed (not an “open-ended amount or a range”), how buyers can ask sellers to pay and when it’s OK to walk away.
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Housing Wire
SEPTEMBER 20, 2024
In a new episode of the HousingWire Daily podcast , Editor in Chief and host Sarah Wheeler sits down with eXp Realty CEO Leo Pareja to discuss the National Association of Realtors ‘ (NAR) commission lawsuit, the new rules that agents are facing, and how eXp is helping agents navigate these challenges to thrive in the marketplace. Pareja took over as CEO at eXp in April 2024 and became the first Hispanic CEO of a major real estate brokerage in U.S. history.
Real Estate News
SEPTEMBER 20, 2024
Place/Livian deal ‘a significant step’; Lone Wolf and Seeking Agents respond to lawsuit-driven industry changes; Stellar adds access to MLS Match referral tool.
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Housing Wire
SEPTEMBER 20, 2024
The National Reverse Mortgage Lenders Association (NRMLA), the reverse mortgage industry’s leading trade association, is preparing to host its 2024 Annual Meeting and Expo on Sept. 24-26 in San Diego. The event is typically the largest, most expansive meeting for a wide variety of reverse mortgage professionals. It also typically features federal housing officials to offer updates on the Home Equity Conversion Mortgage ( HECM ) program.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
SEPTEMBER 20, 2024
A top luxury agent in New York City has left Official Partners. Compass announced the hiring of Jared Schwadron this week, poaching him from the troubled brokerage founded by Tal and Oren Alexander. Schwadron has more than $1 billion in sales over a 15-year career that includes stops in New York City, Miami and the Hamptons. In addition to Official Partners, he’s previously worked with Douglas Elliman and The Corcoran Group. “This move is about taking my resources and tenure in the industr
Inman
SEPTEMBER 20, 2024
The Department of Housing and Urban Development has partnered with Zillow for "Let's Make Home the Goal," a campaign aimed at connecting minority communities with HUD pre-housing counseling services.
Housing Wire
SEPTEMBER 20, 2024
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 20 24 Tech Trendsetters award are open now through Monday, Sept. 30. Click here to nominate someone. If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience.
Inman
SEPTEMBER 20, 2024
In challenging the National Association of Realtors' Clear Cooperation Policy, Robert Reffkin writes, Realtors are upholding their highest moral, ethical and legal duties to serve clients.
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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
SEPTEMBER 20, 2024
The Federal Reserve did something this week it hadn’t done in more than four years when it lowered the federal funds rate by half a percentage point. But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will this be the start of better days? Mortgage experts say that while the 50 basis-point (bps) cut is a welcome sign, it won’t do much on its own to move the needle for a housing market that remains stuck in neutr
Inman
SEPTEMBER 20, 2024
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The Fed's latest rate cut.
Housing Wire
SEPTEMBER 20, 2024
Federal Housing Administration (FHA) Commissioner Julia Gordon thinks that more U.S. Department of Housing and Urban Development (HUD)-approved housing counselors should be trained to work with Home Equity Conversion Mortgage ( HECM ) borrowers, according to perspectives she shared this week during an online housing conference hosted by HUD. The news, first reported by Inside Mortgage Finance , stems from an expectation that HECM borrowers could seek to extract more equity out of their homes now
Inman
SEPTEMBER 20, 2024
Falling mortgage rates should help boost home sales by nearly 10 percent next year, but in the meantime, inventory shortages and affordability challenges are keeping a lid on sales in many markets.
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Housing Wire
SEPTEMBER 20, 2024
California is the latest state to take a stand against the right-to-list agreement business plan of now bankrupt brokerage MV Realty. On Tuesday, the office of California Attorney General Rob Bonta announced that it was granted a preliminary injunction against Florida-based MV Realty after filing a lawsuit in December 2023. The AG’s office took issue with MV Realty’s Homeowner Benefit Agreement.
Inman
SEPTEMBER 20, 2024
Not all consumers need a buyer's agent; Shay is an AI-driven homebuying solution with a number of industry-bred benefits.
Bigger Pockets
SEPTEMBER 20, 2024
The challenging aspect of any renovation is determining what to renovate and selecting appropriate finishes. There’s no one-size-fits-all rule for renovations and finishes guaranteeing the highest ROI.
Inman
SEPTEMBER 20, 2024
Carolwood's managing broker Nick Segal, alongside agents Shaun Alan-Lee and Jane Dorian, recently founded the white-glove service team, which operates in markets in Southern California and New York City.
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HomeLight
SEPTEMBER 20, 2024
If you’re on active duty, a military veteran, or the surviving spouse of someone who has served in the military, buying a home could be more affordable than you realize, thanks to the home loan offered by the Department of Veterans Affairs (VA). Although many have taken advantage of this financing option, others still ask, what is a VA loan, and will I qualify for one?
Inman
SEPTEMBER 20, 2024
A new preliminary injunction orders the Florida-based brokerage to stop issuing liens in California, and to stop enforcing its 40-year "homeowner benefit agreements.
Brownstoner
SEPTEMBER 20, 2024
Our picks for open houses to check out this weekend are found in Windsor Terrace, Flatbush, Bushwick, and Dyker Heights. They range in price from $1.188 million to $1.999 million. 99 East 2nd Street Price: $1.999 million Area: Windsor Terrace Broker: Compass (Carolyn Cedar, Maxine Resnick, Alyssa Morris, Yara Ghossein) Sunday September 22, 12-1:30 p.m.… Read More > The post A Bushwick Wood Frame and More to See, Starting at $1.188 Million appeared first on Brownstoner.
Inman
SEPTEMBER 20, 2024
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.
RIS Media
SEPTEMBER 20, 2024
Forbes Global Properties has announced the real estate firm, Doerfert Immobilien has joined the global brokerage in the markets of Hamburg and the greater north-western area of Germany. This announcement marks an important step in the expansion of Doerfert Immobilien and underscores the company’s position throughout Germany, a release noted. Founded in 2018 by Dane… The post Forbes Global Properties Welcomes German Real Estate Firm Doerfert Immobilien appeared first on RISMedia.
Inman
SEPTEMBER 20, 2024
Inman's Power Wheels bracket contest is down to the four best real estate agent automobiles, as determined by your votes.
RIS Media
SEPTEMBER 20, 2024
NAR’s 2024 International Transactions in U.S. Residential Real Estate report surveyed members on their transactions with international clients who purchased and sold U.S. residential property from April 2023 through March 2024. Foreign buyers who resided in the U.S. as recent immigrants or were holding visas that allowed them to live in the U.S. purchased $22.6… The post Foreign Investment in U.S.
Brownstoner
SEPTEMBER 20, 2024
For architecture buffs looking to increase their knowledge and share a love of the built environment, Archtober Newburg brings workshops, walking tours, scavenger hunts, and more in October. The month-long Archtober celebration, organized by the Center for Architecture, has a busy calendar within the five boroughs, but for the second… Read More > The post Celebrate Architecture and Design With Archtober Newburgh appeared first on Brownstoner.
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RIS Media
SEPTEMBER 20, 2024
The National Association of REALTORS® (NAR) has announced a new series of consumer resources designed to help REALTORS® empower home buyers and sellers following recent practice changes. To date, NAR stated it has published six installments in the series and will continue to release new resources in the weeks ahead. “At the heart of what… The post NAR Announces New “Consumer Guide” Series appeared first on RISMedia.
Bigger Pockets
SEPTEMBER 20, 2024
Two house flippers buy similar deals—but one’s profit is double the other.
RIS Media
SEPTEMBER 20, 2024
A lack of building coupled with rising prices and interest rates that are falling at a tapered pace are the main drivers of the persisting housing affordability crisis, according to researcher Daniel T. McCue, who carried out the analysis for a recent Harvard University study. When new units were built, which was infrequently, they tended… The post How Did We Get Here?
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