Housing Wire
JULY 20, 2024
We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates , we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A. Low inventory has plagued the housing market since the pandemic, plummeting to all-time lows in March of 2022 when we only had 240,000 single-family homes available for sale.
Real Estate News
JULY 20, 2024
Renters and buyers are frustrated by high housing costs, but homeowners — the largest share of likely voters — are focused on other issues.
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Inman
JULY 20, 2024
Ed Zorn, Anthony Lamacchia and others weigh in on buyer agreements, commission sharing and everything you need to know about the new forms.
Real Estate News
JULY 20, 2024
Compass gains teams in New Jersey and Florida; E&V opens in Portland; CB Warburg adds agents; Century 21 marks third year of global giving initiative.
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.
Inman
JULY 20, 2024
Christy Murdock shares essential phone etiquette tips to enhance client relationships and close more deals. Learn the do’s and don’ts, preparation strategies and follow-up techniques in her comprehensive guide.
Brownstoner
JULY 20, 2024
Court Allows Partition Sale of Bed Stuy Home in Family for 75 Years Ayisha Doyle, like her mother and her children, was raised in the grand brownstone on Jefferson Avenue in Bed Stuy. She still calls the house home, one of five generations of her family who have done so since… Read More > The post Top 5 Stories on Brownstoner This Week: A Partition Sale May Oust a Bed Stuy Family appeared first on Brownstoner.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
BubbleInfo
JULY 20, 2024
San Diego did not make their top ten, so consider moving to Florida, South Carolina, or Arizona (top 3)? [link] The post Ten Best Housing Markets first appeared on bubbleinfo.com.
Marco Santarelli
JULY 20, 2024
As we navigate through the second half of 2024, a recent report paints by Freddie Mac a complex picture of the U.S. economy. The Bureau of Economic Analysis (BEA) has revealed pivotal insights regarding economic growth, labor market conditions, and inflation. Here, we delve into these developments and offer a forecast for the economy ahead. U.S. Economic Outlook & Forecast: Current Trends and Future Projections Recent Developments in U.S.
BubbleInfo
JULY 20, 2024
San Diego’s YoY gain of 9.4% is third highest behind San Jose and Hartford, and our +55.4% since March, 2020 is #1 among the higher-end markets! The post Zillow Price Changes first appeared on bubbleinfo.com.
Marco Santarelli
JULY 20, 2024
The U.S. housing market is a mixed bag. There are some positive signs, but overall, caution is warranted due to ongoing economic challenges. While some signs of improvement exist, the overarching narrative remains one of caution amid significant economic challenges. In this Freddie Mac report, we delve into the latest trends and forecasts. Let's explore the July 2024 U.S. housing market outlook: declining home sales, rising prices, and challenges ahead amid shifting mortgage rates.
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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.
Louisville Homes
JULY 20, 2024
Homeowners often face the challenge of deciding when to call an HVAC pro and when to handle minor issues on their own. Understanding the difference between a serious HVAC problem and a minor issue that can be resolved without professional help is crucial. This guide will help you determine when to seek HVAC services when […] The post How to Know When to Call an HVAC Pro appeared first on Real Estate Expert Tre Pryor.
Marco Santarelli
JULY 20, 2024
The U.S. housing and mortgage market has faced several challenges recently, primarily influenced by high mortgage rates. Freddie Mac provides a detailed analysis of the current state and future predictions for the market, shedding light on key trends and figures that homebuyers, homeowners, and investors should know. Latest Mortgage Rate Forecast by Freddie Mac Current Housing Market Conditions The housing market has been sluggish, reflecting a significant impact from elevated mortgage rates
BAM Media
JULY 20, 2024
Announcing a new strategic partnership between Propy , a real estate tokenization platform, and Parcl , a DeFi (decentralized finance) protocol. (According to Investopedia , DeFi uses emerging tech to remove centralized institutions and third parties from financial transactions, allowing people to transact financially with each other without a middleman).
Marco Santarelli
JULY 20, 2024
The current housing market landscape in the U.S. has been the subject of extensive discussion and scrutiny. Morgan Stanley analysts have voiced a compelling argument that U.S. homeowners are showcasing remarkable resilience, referring to them as the “strong hands” within this market cycle. Understanding the reasoning behind this assertion is pivotal , as it sheds light on the stability and dynamics of the housing market.
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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.
Marco Santarelli
JULY 20, 2024
Curious about homeownership rates in the US? We reveal the percentage of Americans who own homes in 2024. The concept of homeownership has long been intertwined with the American Dream. For decades, owning a home has symbolized financial stability, personal achievement, and a sense of belonging within a community. However, the percentage of Americans who own homes has fluctuated over time, influenced by various economic, social, and political factors.
Marco Santarelli
JULY 20, 2024
Understanding the dynamics of mortgage-free homeownership is crucial for grasping the overall health of the housing market. A record number of homeowners in the U.S. now have no mortgage, which has significant implications for both the housing market and the broader economy. Let’s dive into the specifics. What Percentage of Homeowners Have No Mortgage?
Marco Santarelli
JULY 20, 2024
In a lengthy speech at the Republican National Convention (RNC), former President Donald Trump highlighted the US housing crisis but exaggerated several statistics. He aimed to spotlight incumbent President Joe Biden's alleged failings, linking rising housing costs directly to inflation. Realtor.com® senior economist Ralph McLaughlin expressed appreciation for including housing in political discussions, but the accuracy of Trump's statements leaves much to be scrutinized.
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