Housing Wire
DECEMBER 20, 2024
Home sales in 2024 have been well below historic norms. Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Real estate investors tend to be more insulated from these dynamics, particularly from mortgage rates, as they are more likely to buy properties with cash. But even investors have purchased fewer homes this year.
Keeping Current Matters
DECEMBER 20, 2024
There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
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Housing Wire
DECEMBER 20, 2024
The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft. They are designed to support equitable housing access for low-income families and families in low-income areas, according to an announcement.
Real Estate News
DECEMBER 20, 2024
But there is still competition for homes, especially at lower price points, where first-time buyers cross paths with buyers on the investment side.
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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
DECEMBER 20, 2024
A new bill introduced in the U.S. House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of home equity , aligning FHA policies with those of conventional loans. Introduced by Reps. Gregory W. Meeks (D-N.Y.) and Pete Sessions (R-Texas) on Thursday, the bipartisan bill allows borrowers to stop paying mortgage insurance once their loan-to-value (LTV) ratio reaches 78%, rather than paying it f
Real Estate News
DECEMBER 20, 2024
Two recent surveys of agent sentiment conveyed a general sense of optimism heading into the new year, though mortgage rate expectations may not match reality.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 20, 2024
Watch the conversation with Erik Carlson on taking the helm during a time of chaos, why culture is key, and how RE/MAX is like the Dallas Cowboys?
Housing Wire
DECEMBER 20, 2024
Despite 2025 housing market predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors and upcoming speaker at the Housing Economic Summit, sat down with HousingWires Senior Director of Events Brena Nath to answer a few questions on what she thinks is to come for real estate in 2025.
Inman
DECEMBER 20, 2024
Make each property listing memorable when you create events that are designed to get your listing seen and sold, Coldwell Banker Warburg's Kevelyn Guzman writes.
Housing Wire
DECEMBER 20, 2024
After filing several different motions, including a motion to intervene, University of Buffalo law professor Tanya Monestier has filed an appeal of several rulings made by Judge Stephen R. Bough including his final approval of the National Association of Realtors (NAR) commission lawsuit settlement agreement. In a notice filed on Thursday, Monestier informed the Eighth Circuit Court of Appeals that she was appealing Boughs ruling on her motion for reconsideration, her motion to intervene and
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.
Inman
DECEMBER 20, 2024
Forget gadgets and swag. According to team leader Carl Medford, what Realtors really want right now are well-behaved children at open houses, punctual contractors and, well, an end to 2024.
Housing Wire
DECEMBER 20, 2024
The combination of the 2024 presidential election , anticipated future rate cuts, mortgage rate volatility and housing affordability challenges have led more potential homebuyers to stay on the sidelines. But a new report from Zonda says that after the election, consumers have started to regain their confidence in home shopping. The New Home Market Update from Zonda, a construction data provider, was released Friday.
Inman
DECEMBER 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.
Housing Wire
DECEMBER 20, 2024
At the beginning of 2024, mortgage technology company LoanPASS was announced as a technology partner for reverse mortgage lender Smartfi Home Loans. The lender chose LoanPASS to provide its software-as-a-service (SaaS) product and pricing engine in its reverse lending operations. This partnership has become a fruitful one, according to Bill Mitchell, chief revenue officer at LoanPASS.
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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
DECEMBER 20, 2024
If you're looking to take on leadership opportunities and move up to a higher level professionally, Radius' Jamie Crain writes, here are the mindset and prractice shifts you need.
Housing Wire
DECEMBER 20, 2024
Austin -headquartered Keller Williams has expanded its presence in Wisconsin. The brokerage announced this week that it has added the Milwaukee -based Houseworks Collective real estate team. The deal brings 15 agents and more than $60 million in annual sales volume to Keller Williams. Houseworks will join Keller Williams MKE , a market center located in Whitefish Bay, Wisconsin.
Inman
DECEMBER 20, 2024
Despite an array of significant stories throughout 2024, none could surpass the industry-shaking news of NAR agreeing to settlement terms in the wake of antitrust commission lawsuits that would forever reshape how agents and brokers do business.
Housing Wire
DECEMBER 20, 2024
After more than five years of back and forth, Anywhere and the plaintiffs in the Bumpus Telephone Consumer Protection Act (TCPA) suit have finally reached a proposed settlement. According to a notice filed last week and entered into the court docket on Thursday, the parties have reached a class-wide settlement in principle and are working to finalize a fully integrated settlement agreement.
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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.
Bigger Pockets
DECEMBER 20, 2024
Housing prices have increased more in the last four years than in the previous three decades, surging 47% since 2020, according to a Case-Schiller National Home Price Index report.
Housing Wire
DECEMBER 20, 2024
The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? This is especially evident in the mortgage industry, where leadership is a term often thrown around but rarely understood in its full capacity.
Inman
DECEMBER 20, 2024
The right data and a winning marketing plan can set you up for 2025 success when you pursue expired listings, Jimmy Burgess writes.
Housing Wire
DECEMBER 20, 2024
In a recent episode of the HousingWire Daily podcast, Editor in Chief Sarah Wheeler sits down with Bill Emerson, president of Rocket Companies , to discuss its recent lawsuit against the U.S. Department of Housing and Urban Development (HUD) and the principle of appraisal independence for lenders. This conversation has been edited for length and clarity.
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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
DECEMBER 20, 2024
The Federal Reserve has cut rates by 0.25%, and the message emanating from chairman Jerome Powell appears to be, “Enjoy it while it lasts.
Housing Wire
DECEMBER 20, 2024
The U.S. is about to face a reckoning when it comes to its 65-and-older population outnumbering children for the first time. But other nations including Japan are facing an even steeper ratio of older people to younger counterparts. Since there is already a shortfall in home-care workers , encouraging people to enter the home care workforce or finding an alternate solution will be important.
Inman
DECEMBER 20, 2024
Fifth Wall Ventures, a venture-capital firm, plans to raise an impressive $500 million for a new fund, the Fifth Wall REACT Fund, according to a new regulatory filing on Wednesday.
Housing Wire
DECEMBER 20, 2024
Leslie Meaux Pordzik, who serves as senior vice president for the Office of Issuer and Portfolio Management at Ginnie Mae , will retire from the government-owned corporation on Dec. 27, marking the conclusion of a 36-year career in the mortgage finance industry. Pordzik has spent the past 13 years at Ginnie Mae, having overseen more than 400 mortgage-backed securities (MBS) issuers while aiming to modernize compliance and monitoring profiles.
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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.
Inman
DECEMBER 20, 2024
Aleem, Redfin's chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money.
Marco Santarelli
DECEMBER 20, 2024
The looming insurance crisis in the United States could potentially trigger a housing market crash worse than the one experienced in 2008. A recent report from the Senate Budget Committee warns that the increasing frequency and severity of extreme weather events, largely attributed to climate change, are jeopardizing the stability of homeowners' insurance markets ( Newsweek ).
Inman
DECEMBER 20, 2024
Tune in to Inman Access, and learn how to tap into the power of probability with industry analyst Mike DelPrete.
Bigger Pockets
DECEMBER 20, 2024
As 2024 winds down, landlords have a golden opportunity to optimize their tax situation before ringing in the new year.
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