Keeping Current Matters

JUNE 19, 2024

There's no denying it's gotten more challenging to buy a home, especially with today's mortgage rates and home price appreciation.

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Mortgages 358

Real Estate News

JUNE 19, 2024

It’s all about housing, which has an outsized effect on the Consumer Price Index — and is contributing to the Fed’s lack of action on interest rates.

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Marketing 300

RIS Media

JUNE 19, 2024

REsides MLS has announced it chose not to opt in to the NAR settlement. Instead, the MLS has stated it will implement its own changes, beginning in late August. This decision is part of REsides’ ongoing commitment to being a strategic partner for brokers with expanded opportunities and support to manage their business into the… The post REsides has Opted Out of the NAR Settlement, Citing Commitment to Brokers appeared first on RISMedia.

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MLS Technology Industrial Agents 122

Real Estate News

JUNE 19, 2024

The companies have hired veteran financial executives to support growth efforts, with Chris Lown joining CoStar and Chris Black joining the proptech leader.

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Development

RIS Media

JUNE 19, 2024

Mortgage applications continued their upward trend and increased 0.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 14, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 0.9% on a seasonally adjusted basis from one… The post Mortgage Applications Continue to Rise This Week appeared first on RISMedia.

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Mortgages Loans Marketing Industrial 122

RIS Media

JUNE 19, 2024

Accessing affluent buyers in the luxury real estate market requires a strategic approach that takes into account their preferences, behaviors and expectations. By implementing a combination of the strategies outlined below you can effectively access this desirable market segment in the luxury real estate industry. Here are some top ways to access the affluent: Establish… The post Top Strategies to Access the Affluent appeared first on RISMedia.

Industrial 122

Industrial Marketing Agents 122

Brownstoner

JUNE 19, 2024

A big Danish mid-century furniture warehouse with a devoted following has traded its Jersey City store for one double the size on the waterfront in Red Hook next to Ikea. Lanoba Design is known for its sharp prices, high quality, and vast selection. Founders and married couple Lars Noah Balderskilde and… Read More > The post Huge Danish Mid-Century Modern Vintage Furniture Warehouse Opens in Red Hook appeared first on Brownstoner.

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Design 116

RIS Media

JUNE 19, 2024

In a potentially precedent-setting move, a federal judge recently dismissed an MLS that is not affiliated with the National Association of REALTORS® (NAR) from a class-action commission lawsuit, finding that certain rules involving offers of compensation are not as “unilateral” as alleged by plaintiffs. In one of the many Burnett copycat suits filed late last… The post NAR-Independent MLS Dismissed From Copycat Lawsuit appeared first on RISMedia.

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MLS As-is Industrial Agents 116

HomeLight

JUNE 19, 2024

Looking to fund your next real estate venture in Los Angeles? Whether you’re aiming to flip a historic Craftsman in Echo Park or invest in a rental property in Silver Lake, hard money lenders in Los Angeles offer the flexibility and speed needed to close the deal. These loans provide an alternative to traditional financing — perfect for those with tight timelines, limited initial capital, or credit challenges.

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Hard money loan Home sale contingency Loans Finance 116

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.

Industrial

RIS Media

JUNE 19, 2024

The words from CoStar CEO Andy Florance were delivered almost as an afterthought that day in February 2023 at the end of an upbeat but otherwise boilerplate quarterly earnings report. “While we typically do not comment on potential acquisition opportunities, we are confirming here that CoStar Group (corporate parent of Homes.com) is not acquiring Realtor.com,”… The post Homes.com, Realtor.com CEOs Clash for 2nd Place Supremacy, With Both Eying Zillow appeared first on RISMedia.

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As-is Industrial Agents 116

BAM Media

JUNE 19, 2024

BAM Key Details: Last week, Real Brokerage launched its Real Partners program, offering a curated selection of vendors, tools and services to its agents at discounted rates. The program debuts with ten inaugural partners, each vetted and selected to support agents at various career stages and business needs. Less than one month after launching Real Luxury Division , the fastest-growing traded real estate brokerage announced another program for its agents: Real Partners.

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Staging Brokerage Design Agents 111

RIS Media

JUNE 19, 2024

A woman suing mega-brokerage eXp and several high-profile recruiters just added a cascade of new accusations and allegations to her lawsuit, claiming that the company and its founder, Glenn Sanford, ignored extensive reporting on sexual assaults committed by two eXp agents—Michael Bjorkman and David Golden—despite public statements by Stanford that eXp had no knowledge of… The post eXp Aware of Sexual Assaults by ‘Alpha Agents’ for Years, Took No Action appeared first on RISMedia.

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Agents Brokerage Industrial 116

Eye on Housing

JUNE 19, 2024

Mortgage rates that continue to hover in the 7% range along with elevated construction financing costs continue to put a damper on builder sentiment. Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market.

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Mortgages Construction Finance Marketing 111

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Brokerage

RIS Media

JUNE 19, 2024

With mortgage rates remaining high, little change in inflation and the Fed still not making any decisions when it comes to a rate cut, homebuilder confidence remains troubled as it hit its lowest reading since December 2023, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing Market Index (HMI)… The post Homebuilder Confidence Hits Lowest Reading Since December 2023 appeared first on RISMedia.

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Mortgages Marketing Construction Industrial 116

HomeLight

JUNE 19, 2024

Are you looking to kickstart your real estate investment in Phoenix with a hard money loan ? Whether your goal is to flip a bungalow in the Roosevelt Historic District or purchase a rental property in Arcadia, hard money lenders in Phoenix provide the quick funding and flexible terms you need. These loans serve as an alternative to traditional financing — especially useful for projects requiring fast turnaround times or for those with less-than-perfect credit.

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Hard money loan Home sale contingency Loans Equity 111

RIS Media

JUNE 19, 2024

After weathering more than a year of turmoil and controversy at the National Association of REALTORS® (NAR), Katie Johnson is set to address an elite group of residential real estate thought leaders during RISMedia’s 36th Annual CEO & Leadership Exchange in Washington, D.C., this September. As NAR’s chief legal officer and chief member experience officer,… The post Katie Johnson Steps Forward to Address Industry Leaders appeared first on RISMedia.

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Industrial Residential As-is Agents 111

GeekEstate

JUNE 19, 2024

[Editor’s Note: Originally published on Wreno.io.] For the last few years, multifamily property managers have been pinched by surging interest rates, rising resident expectations, and falling revenue margins — trends that have left some industry leaders gloomy. In the latest 20for20 survey of multifamily leaders, only 3 in 10 said they expected 2024 to be better than 2023 for their companies.

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Property Management Renovation Technology Commercial 110

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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.

Agents

Brownstoner

JUNE 19, 2024

In the News Looking for Friends? How About 23 Housemates? [NYT] Could New York Ban Face Masks on the Subway? [NYT] Juneteenth Weekend in Brooklyn? It’s an Easy Call [NYT] A Night at Laylit: Arabic Music, Community Celebration, Grief [BK Mag] ‘Burg Venue Isola Opening in Old Knitting Factory Space [BK Vegan] After Long Battle, Park… Read More > The post Daily Links: Broadway Junction Plan With Retail Starts Environmental Review appeared first on Brownstoner.

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Marco Santarelli

JUNE 19, 2024

The Federal Reserve is the central bank of the United States. It plays a vital role in shaping the country's monetary policy. One of the tools at its disposal, which is considered vital, is the manipulation of interest rates. So, when Adriana Kugler, the Governor of the Federal Reserve, issued a press statement recently, it became the center of discussion and speculation by financiers.

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Banks Mortgages Closing As-is 105

Brownstoner

JUNE 19, 2024

While it has a Permastone facade, this single-family in Crown Heights still has some of its 1880s details intact on the interior as well as recent updates. The latter include a kitchen in a new location, opening up the back wall of the house, and a new deck. Mixed in… Read More > The post Renovated Crown Heights Row House With Wood Floors, Steel Deck Asks $2 Million appeared first on Brownstoner.

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Renovation Marketing 105

Marco Santarelli

JUNE 19, 2024

The US rental market is poised for significant changes in the coming decade, according to real estate mogul Grant Cardone. Known for his bold market predictions and strategic real estate investments, Cardone has recently forecasted that the average rent in the United States could nearly double within the next ten years. Cardone's prediction comes at a time when the American housing market is experiencing a unique set of circumstances.

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Marketing Investor As-is Mortgages 105

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Now more than ever, brokers need to provide agents with 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.

Agents

Fancy Pants Homes

JUNE 19, 2024

In Shonda Rhimes’ hit Netflix series, grand ballrooms, stately mansions, and picturesque gardens set the scene for romance and intrigue, making it easy for viewers to get lost in the visual delight that is Bridgerton. The houses featured in the series capture the grandeur and elegance of the Regency Era, with their distinctive architecture and lavish interiors playing a crucial role in setting the tone for the series.

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Design As-is Land Construction 98

Marco Santarelli

JUNE 19, 2024

The latest Single-Family Rent Index (SFRI) by CoreLogic®, a leading real estate data and analytics firm, paints a picture of stability in the single-family rental market for April 2024. Let's delve deeper into the report's findings to understand what this means for renters and potential investors. Nationally, rents are exhibiting a wait-and-see approach.

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New Construction Investor Construction Marketing 105

RIS Media

JUNE 19, 2024

The bustle of daily living can take its toll. With so many people reporting that stress and overwhelm are a regular part of their day, finding a way to destress and rejuvenate each day is paramount. With compelling evidence that mindfulness can help, there’s no doubt that taking some time to focus on relaxation and… The post Mindful Living Tips to Incorporate Relaxation Into Your Daily Routine appeared first on RISMedia.

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HomeLight

JUNE 19, 2024

Whether the deceased is your dearly departed loved one, or you’re simply a court-appointed personal representative , the weight of fulfilling someone’s final wishes during probate is a heavy load to carry. Add in the complexity of selling a house during the process and honoring those last requests can feel impossible. While the probate process varies from state to state , there are ways to simplify the process no matter where you live.

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Banks Agents Closing Sales 89

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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