Sat.Jul 20, 2024

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Housing market angst won’t swing the election (probably)

Real Estate News

Renters and buyers are frustrated by high housing costs, but homeowners — the largest share of likely voters — are focused on other issues.

Marketing 221
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Dot your i’s and cross your t’s. The paper chase is here: The Download

Inman

Ed Zorn, Anthony Lamacchia and others weigh in on buyer agreements, commission sharing and everything you need to know about the new forms.

Brokerage 181
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Brokerage Beat: News from Compass, E&V, Coldwell Banker, C21

Real Estate News

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.

Brokerage 195
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20 phone etiquette rules every real estate agent should follow

Inman

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.

Agents 150
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Ready for the Post-NAR Lawsuit Landscape? Get the Broker Action Plan

Now more than ever, agents need the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Top 5 Stories on Brownstoner This Week: A Partition Sale May Oust a Bed Stuy Family

Brownstoner

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.

Sales 117

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Ten Best Housing Markets

BubbleInfo

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.

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Mixed Signals in US Economy: New Forecast Predicts Slower Growth

Marco Santarelli

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.

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Zillow Price Changes

BubbleInfo

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.

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Don’t Panic Sell! Homeowners Hold Strong in Housing Market (Morgan Stanley)

Marco Santarelli

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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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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How to Know When to Call an HVAC Pro

Louisville Homes

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.

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Do You Know What Percentage of Homeowners Have No Mortgage?

Marco Santarelli

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?

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Propy and Parcl Join Forces to Exceed $50 Billion in On-Chain Real Estate by the End of 2024

BAM Media

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).

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What Percentage of Americans Own Homes in 2024?

Marco Santarelli

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.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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Housing inventory up almost 40% over last year

Housing Wire

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.

Mortgages 511
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Finally! New Forecast Predicts Mortgage Rates Under 6.5% by 2025

Marco Santarelli

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

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Freddie Mac Predicts Sluggish Housing Market in July 2024 Outlook

Marco Santarelli

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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Trump Claims Explosive Housing Crisis Under Biden: Is It Exaggeration?

Marco Santarelli

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.

Finance 52
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.