Sat.Dec 21, 2024

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Housing market data positive despite Powell’s Grinch act

Housing Wire

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Despite this, we had positive data on existing home sales , purchase applications, and our weekly pending contract figures. Total active listings are experiencing their traditional seasonal decline, but with less than two weeks left in the year, its evident that there are ready homebuyers in America.

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Brokerage Beat: News from KW, eXp, United, Real, RE/MAX, more

Real Estate News

Agents and teams are making late-year moves, and firms are expanding through M&As. Plus, Anywhere brand franchises announce 5 new offices or affiliations.

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Two charts that explain why Texas housing markets have stalled

Housing Wire

Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020. There werent many metro areas that rivaled the boom in Austin. The emerging technology sector brought wealth from the West Coast and pushed home prices sky high in a very short period of time.

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The Ten: NAR ready to reclaim narrative after bumpy year

Real Estate News

The association made a deal to end commissions cases while facing leadership shifts, intense attention from the DOJ and media and "rumblings" of discontent.

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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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Will anybody win the Clear Cooperation fight? The Download

Inman

Industry heavyweights continue to weigh in on the future of the Clear Cooperation Policy. What's your take?

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Top 5 Stories This Week: A Clinton Hill Reno, a Bed Stuy Housing Lottery

Brownstoner

Affordable Housing Lottery Opens for Bed Stuy Build With Gym, Rooftop Terrace An affordable housing lottery has opened for 27 apartments in a recently completed nine-story, 89-unit development that runs along Atlantic Avenue overlooking the J subway tracks and a McDonalds. The project, which replaced a Speedway gas station, is a… Read More > The post Top 5 Stories This Week: A Clinton Hill Reno, a Bed Stuy Housing Lottery appeared first on Brownstoner.

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Say Goodbye to Hidden Fees: The FTC’s New Rule Explained

BAM Media

BAM Key Details: The Federal Trade Commission’s new Junk Fees Rule targets deceptive pricing in short-term lodging and live-event ticketing. The FTC estimates their new rule will save consumers up to 53 million hours annually and $11 billion over a decade by ensuring total price transparency, requiring businesses to disclose all mandatory fees upfront.

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Today’s Mortgage Rates Trends – December 21, 2024 Update

Marco Santarelli

Here's the deal with today's mortgage rates. It's December 21st, 2024, and if you're thinking about buying a house, you should know that mortgage rates are hanging around 6.70% on average. That's kind of a jump-up recently. Why the bump? Well, the Federal Reserve that's the group in charge of keeping the economy on track just decided to lower the federal funds rate.

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Should I Refinance My Mortgage Now or Wait Until 2025?

Marco Santarelli

If you're asking yourself “Should I refinance my mortgage now or wait for 2025?”, the quick answer is: it really depends on your individual circumstances, but don't hold your breath waiting for a massive drop in rates. Mortgage rates are showing some instability right now, but major reductions are unlikely anytime soon. This means that if refinancing makes sense for you now based on your needs and goals, it might be better to act rather than waiting for the perfect moment which may n

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Top 10 Housing Market Hotspots for Buyers in 2025: NAR’s Forecast

Marco Santarelli

If you're dreaming of owning a home in 2025, you're in luck! The National Association of Realtors (NAR) has just released its list of 10 housing market hotspots poised to outshine the rest of the country in sales next year. These aren't just random locations; they've been carefully selected based on strong economic, demographic, and housing factors that signal future market strength.

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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.