Sat.Jun 29, 2024

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New listings data is growing and prices still aren’t crashing

Housing Wire

Housing inventory is growing, but national home prices aren’t dropping dramatically, as the recent S&P CoreLogic Case Shiller index clearly showed. Why? The rules of supply and demand economics always end up winning and weekly new listing data is key. New listing data is growing year over year, but it will be the second-lowest new listing data ever recorded in history.

Mortgages 382
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Zillow and Redfin accused of violating user privacy

Real Estate News

A California lawsuit alleges that the home search portals used tracking technology to gather and share data without consent.

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Interest rate waiting game: Should buyers purchase now or wait it out?

Inman

Is it better to buy now or wait it out in today's housing market? RE/MAX President Amy Lessinger lays out the factors that can help you help buyer clients decide.

Marketing 176
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Brokerage Beat: News from KW, Christie's, BHGRE, The Agency, RE/MAX

Real Estate News

KW gains Austin indie; Christie's Sereno expands in Wine Country; BHGRE grows in Colorado; The Agency opens in White Rock; RE/MAX nabs large Canadian firm.

Brokerage 194
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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Buyer (agent) beware before opting for a workaround: The Download

Inman

What do you make of commission-sharing workarounds, and how are you planning to change up your communication strategy?

Agents 189
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3 top takeaways from NAR’s meeting with the DOJ

Real Estate News

The Department of Justice is keeping a sharp eye on the industry as the August 17 deadline for settlement-mandated practice changes draws closer.

More Trending

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Top 5 Stories on Brownstoner This Week: Bed Stuy Gains a New Historic District

Brownstoner

A Prospect Park Standalone and More to See, Starting at $748K Our picks for open houses to check out last weekend were found in Cobble Hill, Prospect Park South, Bay Ridge, and Sheepshead Bay. They range in price from $748,000 to $4.95 million. -- Affordable Housing Lottery Opens for Wavy East 'Burg Building… Read More > The post Top 5 Stories on Brownstoner This Week: Bed Stuy Gains a New Historic District appeared first on Brownstoner.

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How to Host the Ultimate Backyard Labor Day Party

Coldwell Banker

Savor the waning days of summer by hosting one last hurrah during Labor Day weekend. Turn your backyard into a welcoming space to celebrate America’s “work hard, play hard spirit” and pay homage to the many achievements of workers nationwide. Here’s how to throw the ultimate Labor Day get together for your family and friends. […] The post How to Host the Ultimate Backyard Labor Day Party appeared first on Coldwell Banker Blue Matter.

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Understanding Cap Rate in Real Estate Investments

Louisville Homes

If you’re new to real estate finance, it’s important to understand the capitalization rate, often called the cap rate. What is a cap rate? The cap rate in real estate investments is a key metric that helps real estate investors and industry professionals assess the potential return on investment (ROI) and the relative risk of […] The post Understanding Cap Rate in Real Estate Investments appeared first on Real Estate Expert Tre Pryor.

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The 10 Best—and Worst—Cities for Real Estate Agents in 2024

BAM Media

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: A recent study by Clever Real Estate reveals the top 10 cities for real estate agents in 2024.

Agents 52
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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My Mortgage is Too High: What Can I Do?

Marco Santarelli

Many homeowners face the reality of a mortgage payment that strains their budget. Whether it's due to rising interest rates, unexpected expenses, or simply a house that stretched your finances a bit thin, a high mortgage payment can feel like a heavy weight. But before you panic, take a deep breath! There are steps you can take to get back on solid ground.

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Silver Spring Housing Market Trends and Predictions 2024

Marco Santarelli

How is the Silver Spring, MD Housing Market Doing in 2024? Current Housing Trends in Silver Spring Home Prices Median Sales Price: $435K , a 16.4% increase from last year. (Source: Redfin) Median List Price: $475K , a 13.3% increase from last year. (Source: Zillow) Home Sales In the past month, 125 homes were sold, a 10% decrease from the same month last year.

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Will HELOC Rates Go Down in 2024: New Forecast Predicts This

Marco Santarelli

Home equity lines of credit (HELOCs) are a popular way to borrow money against the equity in your home. They offer a low-interest rate and flexible repayment terms, making them a good option for a variety of borrowing needs. However, HELOC rates are variable, which means they can change over time. This can make it difficult to budget for your HELOC payments, especially if rates rise.

Equity 40