Sat.Nov 23, 2024

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How are mortgage rates affecting housing demand?

Housing Wire

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. I figured those increases would produce the same weakness in purchase apps that we saw earlier in the year. However, surprisingly, demand has held up better than I anticipated.

Mortgages 514
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NAR, HomeServices prepare to close the chapter on litigation

Real Estate News

Barring any surprises, the two largest settlements in the Sitzer/Burnett commissions case — totaling nearly $700 million — will be finalized in just a few days.

Closing 235
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How ‘secret’ home warranties cost 1 brokerage millions: The Download

Inman

Minnesota's AG asserts that recommending a home warranty without disclosing a financial interest is a violation of fiduciary duty.

Brokerage 174
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Brokerage Beat: News from RE/MAX, Coldwell Banker, ERA, C21, more

Real Estate News

RE/MAX adds firms in Arizona, Indiana; merger brings CB Premier agent count to 300; ERA expands in NE Florida with merger; C21 gains Milwaukee affiliate; more.

Brokerage 196
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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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7 ways to increase your happiness this Thanksgiving

Inman

Happiness is rooted in gratitude, which makes Thanksgiving a particularly appropriate time to focus on how to cultivate it, trainer Bernice Ross writes.

Agents 153
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Top 5 Stories on Brownstoner This Week: A Housing Lottery Launches in Gowanus

Brownstoner

Affordable Housing Lottery Opens in Gowanus With Units From $848 An affordable housing lottery has launched for an under-construction nine-story, 214-unit building on Gowanus’ 3rd Avenue, the latest lottery to go live for a development that benefits from the area’s rezoning. Taking up the whole block along 3rd Avenue between Union… Read More > The post Top 5 Stories on Brownstoner This Week: A Housing Lottery Launches in Gowanus appeared first on Brownstoner.

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Top 10 Places to Retire in 2025

BAM Media

BAM Key Details: U.S. News & World Report reveals the 2025 Best Places to Retire, ranking 150 U.S. cities based on happiness, affordability, health care, desirability, retiree taxes, and job market. Naples, Florida, claims the top spot, with Virginia Beach, Boise, and Sarasota also in the top 10. Naples, Florida, is the number one place to retire in 2025.

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Better’s Chad Smith explores mortgage hiring trends, tech tools for 2025

Housing Wire

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down with Chad Smith , president and chief operating officer at Better. The duo discuss Smith’s decision to join Better, the company’s new platform and AI loan assistant , and its growth strategies going into 2025. This interview has been edited for length and clarity.

Mortgages 370
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US Economy in 2025: Critical Factors That Could Shape the Future

Marco Santarelli

US economy is like a big, complicated puzzle with lots of moving parts, influenced by things happening both here at home and around the world. Looking ahead to 2025, a few important things could really change how the economy works, bringing both good chances and tough times. These things include the lasting effects of government help during tough times, the growing gap between how much people have and how much they earn, the possible impact of countries trying to protect their own businesses, ch