Housing Wire
SEPTEMBER 5, 2024
Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market. An additional 27% said they’re targeting a 4% rate, while 20% say it’s 6%.
Real Estate News
SEPTEMBER 5, 2024
More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.
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Housing Wire
SEPTEMBER 5, 2024
Data released Thursday by Realtor.com and Redfin shows that even as more homes are being listed for sale and mortgage payments are becoming more affordable, fewer transactions are occurring. According to a housing trends report from Realtor.com, active listings were up nearly 36% year over year in August. It was the 10th straight month of annualized growth and for-sale inventory is now at its highest level since May 2020.
Real Estate News
SEPTEMBER 5, 2024
A new report from ATTOM indicates that select counties in California, New Jersey and Illinois are most at risk of a housing market downturn.
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Housing Wire
SEPTEMBER 5, 2024
In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. Katz discusses the contributing factors leading to higher occupancy rates in BTR properties, the advantages of BTR financing solutions for investors, and their long-term growth potential.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
SEPTEMBER 5, 2024
Housing markets across the country have stalled due to elevated mortgage rates and limited for-sale inventory , but some counties are at risk of a more dramatic downturn. That’s according to a report released Thursday by Attom , which concluded that areas around New York City, Chicago and inland California are most at risk of a housing downturn, while areas in the South and Midwest are less vulnerable.
Inman
SEPTEMBER 5, 2024
Katherine Bell and Maddy Petrini are bringing their Bell and Petrini team to Coldwell Banker's Back Bay office. The team has done $47 million in sales this year, according to the brokerage.
Housing Wire
SEPTEMBER 5, 2024
Retirement in America comes with a lot of concerns related to finances and health, with both of these issues often being intertwined. Long-term care is emerging as a key concern for older Americans, especially since its costs will most likely need to be covered from a fixed income. This is one reason why home equity can be a notable difference-maker and should be part of the conversation.
Inman
SEPTEMBER 5, 2024
Getting ready to be coached isn't just about wanting to change, coaches Melanie Klein and Emily Bossert write. It's about being prepared to do the work it will take to change.
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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.
Housing Wire
SEPTEMBER 5, 2024
The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets. Buyers using FHA loans often face stigmas and cannot use many of the competitive strategies commonly utilized by conventional borrowers and cash buyers, according to a recent report from the CFA. “As first-time homebuyers and homebuyers of color disproportionately rely on FHA, the
Inman
SEPTEMBER 5, 2024
After the cast viewed screeners of the new season earlier this week, some took to social media in protest of so-called "lies" making the final cut. O Group founder Jason Oppenheim said the group's dynamic keeps viewers returning for more.
Housing Wire
SEPTEMBER 5, 2024
Dan Snyder rarely steps into the spotlight, but his name, strategic moves and execution are talked about frequently in mortgage banking circles. This changes on Oct. 1, 2024, when Snyder, the CEO of Lower , steps on to the main stage at the George W. Bush Presidential Library in Dallas for the HousingWire IMB Summit. A HousingWire Vanguard winner , Snyder has built a world-class executive team that includes Selene Kellam , Randall Gillespie , Craig Montgomery and Amir Syed.
Inman
SEPTEMBER 5, 2024
The Royal Bank of Canada subsidiary is now offering grants of up to $50,000 in majority-Black or Hispanic census tracts in the metro Los Angeles market as part of a larger initiative to boost lending in underserved communities.
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Housing Wire
SEPTEMBER 5, 2024
U.S. home-price growth is predicted to finish this year at 4.7% before slowing to 3.1% in 2025, according to a quarterly survey of housing experts conducted by government-sponsored enterprise (GSE) Fannie Mae. The third-quarter 2024 survey polled more than 100 mortgage, real estate and academic experts to determine its predictions in partnership with data analytics firm Pulsenomics LLC.
Inman
SEPTEMBER 5, 2024
Coach Verl Workman outlines lessons shared at Inman Connect Las Vegas this summer to examine the future of teams and how they'll fit into a changing real estate industry.
Housing Wire
SEPTEMBER 5, 2024
The mood in the real estate industry has been gloomy since it was rocked by the $418 million settlement of antitrust lawsuits by the National Association of Realtors (NAR) in March, but brokerages are pulling out all the stops to change that. The latest is The Agency, which will launch a “live coaching network” designed to equip agents with best practices and positive vibes during a time of intense uncertainty.
Inman
SEPTEMBER 5, 2024
CoStar filed a motion on Wednesday asking the court to deny Move's amended preliminary injunction due to forensic data that allegedly proves a former Realtor.com editor never shared Move-owned files with the company.
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Housing Wire
SEPTEMBER 5, 2024
Mortgage lender and servicer OCMBC has acquired HomeStar Financial Corp. , marking a significant expansion across the country. The acquisition formally closed on Aug. 29, OCMBC announced Thursday. The terms of the deal were not disclosed. “Their extensive experience in servicing and their commitment to providing outstanding customer service align perfectly with our values at OCMBC,” Serene Vernon, president of OCMBC, said in a statement.
Inman
SEPTEMBER 5, 2024
Discover the key principles of business ethics in real estate for 2024 with Chris Pollinger. Learn how integrity, transparency and ethical decision-making can elevate your career and build lasting client relationships.
Housing Wire
SEPTEMBER 5, 2024
How do some firms grow regardless of the housing market dynamics? HousingWire Research looked at key performance metrics and interviewed owners and operators of the RealTrends Verified GameChangers to find out the strategies that led to their growth. Access your growth playbook From the pandemic-fueled frenzy to the sobering reality of a post-pandemic slowdown,, real estate brokerages were locked in a relentless quest for growth—eager to expand market share while trimming operational fat.
Inman
SEPTEMBER 5, 2024
Kathleen Lappe, the founder and CEO of a multi-lingual AI property marketing solution, has been named Innovator of the Year at the National Association of Realtors’ 2024 Innovation, Opportunity & Investment (iOi) Summit.
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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.
RIS Media
SEPTEMBER 5, 2024
Thought leaders came together Thursday evening to celebrate RISMedia’s more than 300 2024 Newsmakers and induct a select group of industry icons into the 2024 Newsmakers Hall of Fame at RISMedia’s annual Real Estate Newsmakers Reception & Dinner. The event was held at the historic Mayflower Hotel in Washington, D.C., during RISMedia’s 36th Annual CEO… The post RISMedia Celebrates Accomplished Professionals and Inducts Real Estate Icons at RISMedia’s Newsmakers Dinner in Washington, D.C
Inman
SEPTEMBER 5, 2024
Living in New York City remains undeniably expensive, with sale prices in some neighborhoods reaching $7.5 million, yet out-of-state buyers are still drawn to the city, according to "The New York Times.
RIS Media
SEPTEMBER 5, 2024
WASHINGTON D.C.—The economy right now is “weird.” It also might be on the verge of some big changes. In contrasting, high-profile addresses delivered at RISMedia’s CEO & Leadership Exchange Sept. 5, two of real estate’s most prominent economists gave an audience of top brokers, executives and MLS leaders a break from hearing about the National… The post A ‘Weird’ Economy and ‘Ugly’ Rate-Locks: Experts Say 2024’s Market Still an Enigma appeared first on RISMedia.
Inman
SEPTEMBER 5, 2024
The East Asian island country has experienced decades of near-0 percent interest rates and an abundance of inventory, but the government has started to increase rates as wages have seen a boost.
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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.
HomeLight
SEPTEMBER 5, 2024
If you’re a real estate investor in Rochester, you know the local market can move quickly, and having access to flexible financing is essential. Whether you’re looking to flip homes in the South Wedge or purchase rental properties near Park Avenue, hard money lenders could offer the short-term funding you need to secure a deal fast. Hard money loans differ from traditional financing in that they prioritize the property’s value over the borrower’s credit.
Inman
SEPTEMBER 5, 2024
Keller Williams Las Vegas agent Albie Vas acted quickly on Tuesday when he spied a burglary in progress at one of his listings. "I was like, ‘I’ve got bad news. Your house is actively getting robbed.
HomeLight
SEPTEMBER 5, 2024
If you’re looking to sell your Lancaster home fast, you may be considering a We Buy Houses company. These companies offer all-cash deals, which can be a great option if your home needs repairs or if you want to avoid the delays of the traditional market. Whether you’re short on time, cash, or the energy to make updates, a quick cash sale could help you move forward with your plans.
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