Housing Wire

SEPTEMBER 6, 2024

In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This means that the Fed will need to create such a slowdown in the labor market that nobody will question their action when they pivot. This is what I call the “cover cuts” policy. After today’s jobs report and the negative revision to this report and the previous ones, it is safe to say nobody outside of crazy people who want to see America go into a recession will question the Fed rate cut that will happen th

Marketing 492

Marketing Construction Residential Mortgages 492

Real Estate News

SEPTEMBER 6, 2024

A mixed August jobs report has economists speculating about how deep of an interest rate cut the Federal Reserve might make on Sept. 18.

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Housing Wire

SEPTEMBER 6, 2024

Mortgage rates remained flat following a jobs report on Friday that continued to show a cooling labor market. Mortgage rate pricing for homebuyers hasn’t changed significantly as lenders have already priced in a Federal Reserve rate cut of 25 basis points (bps) that is expected later this month, loan originators told HousingWire. Kevin Leibowitz, president of Grayton Mortgage , said he was quoting 6.125% for a 30-year conventional mortgage of $400,000 on Friday with no discount points.

Mortgages 434

Mortgages VA loan FHA loan Fixed-rate mortgage 434

Real Estate News

SEPTEMBER 6, 2024

Zillow upgrades AI search; Revive's valuation tool now free; Long & Foster enhances chatbot; LeadingRE adds Move Concierge; Calque expands financing products.

Finance 218

Finance 218

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Agents

Housing Wire

SEPTEMBER 6, 2024

The reverse mortgage industry is pressing ahead with a chance at lower interest rates later this month. While there were signs of weakness in performance metrics in August, there are also commensurate signs of encouragement, according to industry experts. Home Equity Conversion Mortgage (HECM) endorsements fell by 3.3% from July to August, with the total of 2,200 falling reasonably in line with Federal Housing Administration (FHA) HECM case numbers that posted their own gains in July.

Mortgages 400

Mortgages Industrial Loans Finance 400

Housing Wire

SEPTEMBER 6, 2024

Millennials and members of Generation Z now make up the majority of military veteran and active-duty homebuyers, but not all cities offer good situations for them. To that end, Veterans United Home Loans conducted a study to find which housing markets are best for current and former military members in these two generations. It concluded that the most favorable markets are on the East Coast and in the Midwest.

Marketing 399

Marketing Loans Mortgages Closing 399

Real Estate News

SEPTEMBER 6, 2024

Watch the conversation with eXp CEO Leo Pareja as he discusses the company’s decision to do away with cooperative compensation and lead the way on forms.

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Housing Wire

SEPTEMBER 6, 2024

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey. This is the seventh edition of the private investment bank’s quarterly survey.

Agents 378

Agents Brokerage MLS Industrial 378

Inman

SEPTEMBER 6, 2024

Jimmy Burgess and Andrew Undem share strategies for writing a compelling offer on behalf of buyers, closing more deals and building lifelong client relationships.

Closing 172

Closing Agents 172

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Agents

Housing Wire

SEPTEMBER 6, 2024

Aging in place continues to be the preference for the vast majority of older Americans. But the financial and emotional ramifications of staying in one’s current home, rather than moving to a nursing home or assisted-living facility, can be a heavy burden. The Wall Street Journal highlighted aging-in-place issues this week by interviewing several families across the country about their “crushing“ struggles to care for aging relatives.

Equity 376

Equity Finance Development Banks 376

Inman

SEPTEMBER 6, 2024

The real estate vet co-founded the Manhattan division of Sotheby's International Realty in the mid-1970s and co-founded Halstead Property with Diane Ramirez in the mid-1980s.

Brokerage 164

Brokerage Industrial Agents 164

Housing Wire

SEPTEMBER 6, 2024

Compass’s loss is Coldwell Banker Realty’s gain. The Boston -based Bell Petrini Group has affiliated with Coldwell Banker’s Back Bay office. The group is led by Katherine Bell and Maddy Petrini, who are bringing three team members with them. The group was previously affiliated with Compass. The Bell Petrini Group has more than 20 years of experience and has closed $47 million in volume so far this year.

Brokerage 375

Brokerage Branding Agents Development 375

Inman

SEPTEMBER 6, 2024

Keeping clients fully informed and helping them to think ahead about the logistics and financial implications of a second-home purchase can create more positive feelings and better outcomes, Jonathan Pressman writes.

Agents 158

Agents Marketing 158

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Brokerage

Housing Wire

SEPTEMBER 6, 2024

August’s gain of just 142,000 total nonfarm payroll jobs confirms that the job market is cooling, which all in all is good news for the Federal Reserve , which meets in a little under two weeks to discuss interest rates. But is it enough to justify a half-point cut? Data from the U.S. Bureau of Labor Statistics released on Friday also showed that the June jobs report was revised downward to 118,000 jobs (from 179,000) and July down to 89,000 jobs (from 114,000).

Construction 363

Construction Residential Mortgages As-is 363

Inman

SEPTEMBER 6, 2024

Amid the current economic turmoil, including fears of a potential recession and recent significant stock market declines, real estate professionals must remain vigilant and adaptable, Victoria Kennedy writes.

Marketing 155

Marketing Brokerage Agents 155

Housing Wire

SEPTEMBER 6, 2024

For more than two years, a storm has been brewing in the title insurance industry. Last week, the first raindrops began to fall when the Office of the Attorney General for the District of Columbia (OAG) announced settlements with four title firms over alleged kickback schemes. As a result of the settlements, Allied Title & Escrow LLC , KVS Title LLC , Modern Settlements LLC and Union Settlements will collectively pay more than $3.2 million.

Title 341

Title Industrial Agents Closing costs 341

Inman

SEPTEMBER 6, 2024

August payroll report includes "huge downward revisions" to previous estimates of June and July job growth, renewing recession worries and prospects for aggressive Fed rate cuts.

Mortgages 148

Mortgages Marketing 148

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Loans

Housing Wire

SEPTEMBER 6, 2024

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403

Inman

SEPTEMBER 6, 2024

Tether RE is a mobile app for helping real estate agents stay safe conducting showings, open houses and other activities with strangers.

Agents 170

Agents Technology 170

Bigger Pockets

SEPTEMBER 6, 2024

We know evictions can be costly for both landlords and tenants (both financially and sometimes emotionally). But recently, I heard two investors discussing who actually loses more during the process.

Investor 120

Investor Property Management 120

Inman

SEPTEMBER 6, 2024

As new models roll off the assembly line this fall, Inman is kicking off its first-ever Power Wheels car contest to determine once and for all the best ride for real estate agents on the go.

Agents 146

Agents As-is 146

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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.

Agents

RIS Media

SEPTEMBER 6, 2024

Top Agent Network, Inc. vs. the National Association of REALTORS® has officially set a trial schedule and date for 2025. TAN vs. NAR is a little different from the many other antitrust cases currently circling the real estate sphere. The non-commission based case alleges that defendants NAR and San Francisco Association of REALTORS® specifically blacklisted… The post Pocket Listing Lawsuit Sets Trial Date, with Clear Cooperation in the Spotlight appeared first on RISMedia.

Agents 130

Agents Industrial 130

Inman

SEPTEMBER 6, 2024

Bernice Ross talks with Patrick Stone, chairman and founder of Williston Financial, about interest rates, new construction and the 2024 election.

Industrial 160

Industrial New Construction Construction MLS 160

RIS Media

SEPTEMBER 6, 2024

Joe Skousen, founder and CEO of Inside Real Estate, says BoldTrail is not just born from the company’s expertise as a longstanding technology partner to many of the largest brands and fastest-growing brokerages and teams in real estate, but from the values, insights and relationships built from its very earliest days. “My first year or… The post The Bold Standard: Inside Real Estate Sets the Pace for Tech Information with Bold Trail appeared first on RISMedia.

Brokerage 122

Brokerage Branding Technology As-is 122

Inman

SEPTEMBER 6, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 150

Brokerage Agents 150

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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.

Sales

HomeLight

SEPTEMBER 6, 2024

Perhaps you’ve heard that there are no stupid questions, but there are still some that you probably feel you should know the answer to by now, and you might not feel that comfortable asking someone. Well, what is the internet for if not to answer exactly those questions? If you’ve been wondering what a mortgage is and you aren’t sure who you can ask, we’re going to walk you through the basics.

Finance 119

Finance Mortgages Loans Residential 119

Inman

SEPTEMBER 6, 2024

The addition of both The Bryce Hansen Team and The Maryland and Delaware Group follows eXp Realty’s acquisition of other top-performing teams this year, including Toronto-based Polsinello Team, which switched from RE/MAX in August, bringing 25 agents to the brokerage.

Brokerage 125

Brokerage Agents Marketing 125

1000Watt

SEPTEMBER 6, 2024

NAR’s Clear Cooperation Policy was instituted five very long years ago. It has been challenged in court, reviled, defended, and become the subject of focus by our Federal Government, which, having overseen the removal of compensation from the MLS, now seems to believe that cooperation must also go. I think they are wrong there (more on that below), but that’s not what I want to address first.

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MLS Brokerage Closing Industrial 116