Sat.Jan 11, 2025

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Brokerage Beat: Real nabs 3 teams + more brokerage news

Real Estate News

Real Brokerage tops 24,000 agents with its latest additions, including a 550-agent California firm; plus news from Exit, The Agency, Elliman, C21 and more.

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Track the week’s C-Suite shuffles: The Download

Inman

Some of the real estate industry's biggest names made major moves over the past few days. Here's who's in and who's out.

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Impact of Wildfires on the Los Angeles Housing Market in 2025

Marco Santarelli

Wildfires have devastating effects not only on the environment but also on local economies, particularly the housing market. In Los Angeles, the ongoing wildfires are shaping a turbulent landscape for property owners and renters alike. The impact of wildfires in the Los Angeles housing market involves increased rental prices, housing shortages, and heightened insurance costs, all of which pose serious challenges for residents.

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Let the real estate show go on with lessons from ‘Gypsy’

Inman

Whether youre navigating a challenging market or reaching for your next big goal, coach Darryl Davis writes, the lessons of "Gypsy" can guide you toward a standing ovation in your career.

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The 2025 Real Estate Roadmap to Success

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.

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9 Lessons I’ve Learned After Passively Investing In Over 3,000 Units

Bigger Pockets

In less than three years, Ive invested passively in around 3,000 units, spread all over the U.S. No, Im not rich.

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Top 5 Stories on Brownstoner This Week: A Housing Lottery for Bed Stuy Co-ops

Brownstoner

Affordable Housing Lottery Opens in Gowanus With $784 Studios The latest affordable housing lottery to open for a new development made possible by the Gowanus rezoning is for the still under-construction 499 President Street Apartments. The nine-story development, which wraps around the Royal Palms Shuffleboard building between Nevins and Union streets,… Read More > The post Top 5 Stories on Brownstoner This Week: A Housing Lottery for Bed Stuy Co-ops appeared first on Brownstoner.

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Agents Nationwide Feel the Pain for Those Who Lost Homes in L.A. Fires

RIS Media

As tragic and horrifying as the fires consuming homes and other buildings in various areas of greater Los Angeles have been for everyone across the country and around the world to behold, theres perhaps an even deeper poignancy for those in the real estate industry. Agents and brokers whose careers are built around helping to… The post Agents Nationwide Feel the Pain for Those Who Lost Homes in L.A.

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Why Are Mortgage Rates So High and Predictions for 2025

Marco Santarelli

Mortgage rates remain stubbornly high due to persistent inflation concerns and economic factors, and 2025 may not offer much relief for homebuyers. As we transition into a new year, many potential buyers are left wondering why mortgage costs are still elevated and what the future holds for these rates. Unfortunately, data suggests that while rates may hover below current levels, they are unlikely to experience a drastic decrease.

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How Long Should It Take to Reach 6 Figures as an Agent? Redditors Sound Off

BAM Media

Real estate agents often find themselves at a crossroads: go all-in on real estate and aim for financial freedomor take a salaried position with a regular paycheck. Reddit user negativeabsorption69 posted a question on Saturday, January 4ththe first weekend of the new yearto get some much-needed perspective on his current situation as a real estate agent: How long did it take you guys to get over $100K yearly?

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Agents Nationwide Feel the Pain for Those Who Lost Homes in L.A. Fires

RIS Media

As tragic and horrifying as the fires consuming homes and other buildings in various areas of greater Los Angeles have been for everyone across the country and around the world to behold, theres perhaps an even deeper poignancy for those in the real estate industry. Agents and brokers whose careers are built around helping to… The post Agents Nationwide Feel the Pain for Those Who Lost Homes in L.A.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Housing demand positive, but at risk from higher mortgage rates

Housing Wire

Our weekly pending contract data is still positive year over year, but only by 1%, as demand growth has slowed amid higher mortgage rates. What does this mean for the spring housing market? Let’s take a look at the data and see what we can expect. Weekly pending sales The latest weekly pending contract data from Altos Research offers critical insights into real-time trends in housing demand.

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Today’s Mortgage Rates Increase: January 11, 2025 Trends

Marco Santarelli

Today's mortgage rates are crucial for anyone considering buying or refinancing a home as they navigate the financial landscape. As of January 11, 2025, mortgage rates have increased due to strong economic indicators, particularly a robust jobs report that was released yesterday. According to data from Zillow, the average 30-year fixed mortgage rate is now 6.78% , while the average 15-year fixed mortgage rate stands at 6.07%.

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Real estate investors face a daunting winter storm

Housing Wire

It’s mostly doom and gloom for real estate investors heading into 2025, according to a quarterly survey released this week by RCN Capital and CJ Patrick Co. Their Winter 2024 Investor Sentiment Survey showed that only 35% percent of investors consider the market to be “better” or “much better” than a year prior and not many more think things will improve soon.

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