Sun.Jul 21, 2024

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What to keep in mind as NAR’s ‘remarkable deal’ becomes reality

Real Estate News

A leading MLS lawyer breaks down the settlement that removes offers of compensation from MLSs and requires more robust buyer agreements starting August 17.

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International Real Estate Investments: Make More by Buying Abroad?

Bigger Pockets

Love traveling? Want to make more money? Looking for real estate with lower price points and higher returns? International real estate investments may be for you.

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Top 10 Brooklyn Real Estate Listings: A Brooklyn Heights Co-op, an East Flatbush Row House

Brownstoner

The most popular real estate listings on Brownstoner this week include a row house in Bay Ridge, a semi-detached in Farragut, and a townhouse in Brooklyn Heights. Brooklyn Heights, Bay Ridge, and Prospect Park South were popular this week. The least and most expensive properties on the list are… Read More > The post Top 10 Brooklyn Real Estate Listings: A Brooklyn Heights Co-op, an East Flatbush Row House appeared first on Brownstoner.

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When to Expect the First Interest Rate Cut by Fed This Year?

Marco Santarelli

As the global economy continually evolves, the Federal Reserve's interest rate policy remains a critical topic for investors, policymakers, and consumers. Understanding when the Fed will cut rates, especially in 2024, is vital as it can influence everything from borrowing costs to stock market performance. So, let’s delve into the current expectations regarding interest rate cuts and the factors driving these predictions.

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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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Will Home Renovation Costs Go Down in 2024 as Demand Begins to Dip? w/WSJ’s Ryan Dezember

Bigger Pockets

For the past four years, everyone, and we mean everyone, has been doing some form of home improvement.

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Home Prices Are Set to Drop in Pandemic Boom Towns

Marco Santarelli

As we move deeper into 2024, the housing market is undergoing a significant transformation, especially in regions that flourished during the pandemic. According to analysts, a noteworthy shift is on the horizon, particularly in certain boom towns that transitioned into real estate hotspots over the past few years. Let's find out where home prices are expected to see declines in the future.

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Mortgage Rates Drop: See What $3,000 EMI Can Get You Today

Marco Santarelli

Mortgage rates have dropped to their lowest level since February following a cooler-than-expected inflation report. This development brings some relief to homebuyers. Mortgage Rates Drop: See What $3,000 EMI Can Get You Today According to Redfin's report , homebuyers with a $3,000 monthly budget can now afford a $450,000 home at a 6.8% mortgage rate, gaining about $25,000 in purchasing power since April when rates peaked at 7.5%.

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How Swing State Housing Affordability Has Changed Since the 2020 Election

BAM Media

BAM Key Details : A new Redfin analysis shows the median monthly housing payments in swing states have surged 92% since the 2020 election, reaching $2,161, driven by rising home prices and mortgage rates. Housing affordability has significantly worsened, with the median-priced home in swing states now unaffordable for the average family, requiring 32.8% of their income, up from 21.8% in 2020.

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Today’s Mortgage Rates (Jul. 20) & Next Week’s Predictions

Marco Santarelli

As home buyers and owners keep a keen eye on the fluctuating landscape of mortgage rates, understanding the current rates and their movement forecasts can be crucial for making informed decisions. With the potential to shape one of the most significant financial commitments in a person's life, mortgage rates represent a pivotal aspect of the real estate market.

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How Much Are Closing Costs in Pennsylvania 2024?

Redfin

Congratulations! You’re almost finished with the homebuying process. But before you can officially get the keys to your new home, one of the last steps is to pay closing costs. Closing costs are the fees and expenses associated with finalizing a real estate transaction and transferring ownership of a property from the seller to the buyer. If you’re feeling unprepared or overwhelmed, don’t worry.

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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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How WA voters want the next governor to tackle key issues

Seattle Times Real Estate

In this year's race, Democrats Bob Ferguson and Mark Mullet are competing against Republicans Dave Reichert and Semi Bird for the state's top job.

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President Joe Biden ends 2024 reelection bid, endorses Harris

Housing Wire

President Joe Biden announced Sunday that he is stepping out of the race for reelection. This follows a disastrous debate performance three weeks ago that spurred high-level calls from his own party to step aside. In a letter posted on X on Sunday, Biden put an end to rumors and speculation that have been swirling since the debate on June 27. He also endorsed Vice President Kamala Harris. “It has been the greatest honor of my life to serve as your President.

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