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 412
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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 256
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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 185
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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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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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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 185
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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.

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Happiest Cities

BubbleInfo

Don't you want to be happier? Maybe you need to move to a happier town! Hard to believe there are 23 happier towns in America (Plano, Texas?) but hey - find one that works for you! The post Happiest Cities first appeared on bubbleinfo.com.

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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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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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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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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