Housing Wire

JUNE 22, 2024

Are we seeing the start of a market shift in mortgage demand? Notably, mortgage rates have been gradually declining, and we’ve observed back-to-back positive weeks in purchase application data for the first time since mid-March. While I typically prefer to see a sustained growth of 12-14 weeks before concluding there’s been a sea change, the low bar in purchase application data suggests that even a slight change could push demand higher if mortgage rates keep falling.

Mortgages 482

Mortgages Sales Banks As-is 482

Real Estate News

JUNE 22, 2024

New York is one of only two cities where landlords can hire brokers and require renters to pay them. This may be changing — but not if the industry has its way.

Industrial 304

Industrial 304

Inman

JUNE 22, 2024

Virtual staging is becoming an increasingly easy and affordable way to market a stale listing. Here are a number of software companies that excel in making empty homes meet market expectations.

Staging 126

Staging Marketing Technology Agents 126

Real Estate News

JUNE 22, 2024

Chicago-area team joins Keller Williams Infinity; team leader joins Detroit RE/MAX franchise as broker/owner; The Agency opens fourth Texas office.

Brokerage 236

Brokerage 236

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Brokerage

Brownstoner

JUNE 22, 2024

Affordable Housing Lottery Opens in East New York With $750 Units An affordable housing lottery has launched for 13 apartments in a new development on the corner of Atlantic and Miller avenues in East New York, one of a number of new developments rising on the rezoned thoroughfare. -- Huge Danish Mid-Century Modern… Read More > The post Top 5 Stories on Brownstoner This Week: An East New York Housing Lottery appeared first on Brownstoner.

Development 103

Development 103

Marco Santarelli

JUNE 22, 2024

The housing market is a complex ecosystem constantly in flux. Accurately predicting its trajectory requires careful consideration of various economic indicators, buyer behavior, and local trends. Recently, Zillow & Moody's forecasts paint a contrasting picture of the housing market. Let's find out the nuances of these predictions. Dissecting the Downturn in Zillow's Forecast Zillow's downward projection of a -1.2% decrease in national home prices from May 2024 to May 2025 suggests a potentia

Marketing 103

Marketing New Construction Construction Investor 103

Marco Santarelli

JUNE 22, 2024

The Texas housing market , once a shining example of affordability, is experiencing a period of adjustment. While the state continues to attract homebuyers seeking a lower cost of living, rising interest rates and a shift in market dynamics are causing some to wonder – which areas might see price dips? We've analyzed data from Zillow to identify 10 Texas metropolitan areas where home prices are predicted to fall the most over the next twelve months (Ending May 2025).

Industrial 98

Industrial Marketing As-is Agents 98

BubbleInfo

JUNE 22, 2024

On Monday I talked about the big brokerages coming together to sue NAR for the terrible job they did in looking out for our best interests. Nothing else happened this week, but the CAR must have heard something: “Every June, C.A.R. issues new and modified standard forms. This year, of the 67 new and revised […] The post C.A.R. On the Hot Seat first appeared on bubbleinfo.com.

Brokerage 52

Brokerage 52

Marco Santarelli

JUNE 22, 2024

The McAllen housing market in 2024 is presenting a mixed picture for potential buyers and sellers. While home values continue to rise steadily, the market has transitioned from a seller's frenzy to a more balanced state. Let's delve into the key trends shaping McAllen's real estate landscape this year. McAllen, TX Housing Market Trends 2024 Price Trends: A Moderate Rise Data from various sources like Zillow and Redfin suggests that McAllen's home values have experienced a moderate increase in 20

Marketing 95

Marketing Development Sales Days on market 95

BAM Media

JUNE 22, 2024

While most agents are headed toward beach towels and piña coladas, summer is your prime time to hone in on your business and set yourself up for dominating the second half of the year. Join us for BAM BBQ , our FREE virtual event on July 17 to do just that! Sign up here. BAM Key Details: According to a survey commissioned by Redfin, double vanities ranked at the top of the list of must-have bathroom/kitchen features for luxury homebuyers, outranking luxe countertops and a walk-in pantry.

Design 52

Design Renovation Agents Technology 52

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Loans

Marco Santarelli

JUNE 22, 2024

The Florida housing market , once a scene of breakneck price appreciation and bidding wars, is undergoing a dramatic transformation. This shift presents a unique set of challenges for both current residents seeking to sell and aspiring homeowners eager to establish roots in the Sunshine State. Experts are calling it a “double whammy,” characterized by two key trends: a surge in available properties and a simultaneous dampening of buyer enthusiasm.

Marketing 98

Marketing Sales Mortgages As-is 98