Housing Wire
JULY 29, 2024
The rising supply of homes for sale has yet to put a serious dent in affordability concerns, but it might be starting to. That’s according to First American ’s monthly Real House Price Index, which shows a national price decline of 1.3% from May to June. The index measures nominal home prices and adjusts them to account for changes in household income and interest rates.
Real Estate News
JULY 29, 2024
South Florida’s Broward, Palm Beaches & St. Lucie Realtors is taking a two-pronged approach, using ads to educate consumers while helping members stay informed.
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Housing Wire
JULY 29, 2024
Officials in Montana continue to promote the specialized Reverse Annuity Mortgage (RAM) program for the state’s seniors, with one official saying that it could be a big difference-maker for those in Montana looking to age in place while gaining access to additional cash. The program was passed by the Montana Legislature in 1989 and offers a state-subsidized reverse mortgage that is limited to residents ages 68 and older.
Keeping Current Matters
JULY 29, 2024
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening.
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.
Housing Wire
JULY 29, 2024
Home equity lending in 2023 grew by only 1.5% compared to the prior year, while outstanding debt increased by 8.3% in the same time period, according to a study released Monday by the Mortgage Bankers Association (MBA). The data includes total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans. Marina Walsh, MBA’s vice president of industry analytics, explained that the low-level increase was due to a slowdown between application and closing.
Real Estate News
JULY 29, 2024
Since the beginning of the year, fewer investors appear to be jumping into the market, and many report dissatisfaction with managing tenants and properties.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
JULY 29, 2024
Affordability has remained a problem in much of the country, even as supply has increased. But a few areas, led by Tampa, are becoming more accessible.
Housing Wire
JULY 29, 2024
Warmer summer weather has brought cooler housing market conditions to Montana. “The market right now just feels like it’s a bit lukewarm,” said Brian Huskey , a Billings, Montana-based ERA American Real Estate agent. “There is still moderated demand from buyers, but there are a lot of people just sitting on the sidelines right now because housing affordability and rates are playing a big role in people’s decisions.
Inman
JULY 29, 2024
A surprising share of homebuyers are seeking to "move up" in home. And the next wave of clients may have different priorities in mind, according to the Inman-Dig Insights consumer survey.
Housing Wire
JULY 29, 2024
The mortgage world is fast-paced and constantly evolving, driven by shifts in laws and economic conditions. Both lenders and borrowers need to grasp these changes to skillfully move through the maze of mortgage regulations. This guide will walk you through the need-to-knows, helping you thrive in today’s mortgage scene without getting bogged down in legalese.
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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.
Inman
JULY 29, 2024
EXp's Russ Laggan offers tips for identifying your personal and professional style and putting it to work for you as a memorable differentiator with clients and colleagues.
Housing Wire
JULY 29, 2024
Mortgage lenders loanDepot and Movement Mortgage have agreed to end a one-year dispute over the poaching of employees, according to a document filed Friday in a district court in Delaware. In June 2023 , California-based loanDepot accused its competitor of damaging its business by hiring more than 25 of its employees in a three-month period. According to loanDepot, Movement’s actions in late 2021 and early 2022 resulted in “effectively crippling” several “now-depleted” branches.
Inman
JULY 29, 2024
There's plenty that's still not clear as the Aug. 17 implementation deadline approaches, broker Cara Ameer writes. Here's how to make sure your seatbelts are fastened low and tight as you brace for potential impact.
Housing Wire
JULY 29, 2024
There are plenty of challenges for renters and homebuyers this year, especially when it comes to affordability. But technology — particularly leveraging generative AI — can help solve these challenges in new ways. At least, that was the premise of the FHFA’s 2024 TechSprint last week, which focused on innovative housing use cases for gen AI. The sprint culminated with a demo day on Thursday where 12 teams presented their solutions to a panel of technology, regulation and housing experts.
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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.
Inman
JULY 29, 2024
Find out how this third-generation Realtor puts his background and love of the land to work for clients ranging from farmers to hunters to developers of therapy and religious retreats.
HomeLight
JULY 29, 2024
The increase in housing prices in recent years has prompted many homeowners to wonder about the value of their own, especially as they compare house prices in their local area. At the end of the year 2023, 50% of top agents surveyed by HomeLight said we were in a seller’s market, while 28% said we have a balanced market. Only 13% said it’s a buyer’s market.
Inman
JULY 29, 2024
Luxury homebuyers are used to paying big bucks for quality service. That's partly why several Luxury Connect panelists in Las Vegas think the NAR settlement won't make a huge splash in the higher price points.
HomeLight
JULY 29, 2024
Securing the right financing is important when considering a real estate venture in Memphis. Whether you’re a seasoned investor or a homeowner looking to leverage property equity, knowing how hard money loans work can make all the difference. Hard money loans offer a quick and flexible solution, especially beneficial in the vibrant and competitive Memphis market.
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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.
Inman
JULY 29, 2024
The 17,500-square-foot triplex that once asked $250 million was heavily featured in Serhant's new Netflix series, "Owning Manhattan." It is unclear who will now rep the listing.
HomeLight
JULY 29, 2024
If you’re looking to invest in properties or flip homes in Richmond, understanding the role of hard money lenders is important. Hard money loans offer a quick and flexible financing solution for real estate investors, allowing them to capitalize on opportunities that traditional loans might not support. Hard money loans can be a game-changer for investors in Richmond.
Inman
JULY 29, 2024
Remodeling marketplace Fixr's 2024 home design survey revealed homebuyers are prioritizing organization and energy-saving features, alongside open and hybrid floor plans.
HomeLight
JULY 29, 2024
Have you inherited a property with back taxes attached as a lien ? Or accumulated unpaid property taxes due to recent financial struggles? Perhaps you’re dealing with an investment property facing tax debt, or a second home with overdue taxes. Regardless of the situation, you might be asking: Can I sell a house with back taxes owed? Connect with a Top Agent to Help Maximize Value Even rockstar agents can’t make your tax liability disappear, but HomeLight data shows that the top 5% of agen
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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.
Inman
JULY 29, 2024
Homebuyers and sellers need a professional they can trust. Check out a few ideas for showcasing this quality to current and future customers.
HomeLight
JULY 29, 2024
When you’re looking to make a quick move in El Paso’s real estate market, traditional loans might not always be the best fit. Whether you’re eyeing a fix-and-flip project in Sunset Heights or trying to secure a commercial property in downtown El Paso, a hard money loan can be a valuable resource. These loans provide faster access to funds compared to conventional financing, making them a popular choice for real estate investors.
Inman
JULY 29, 2024
The multi-talented "Married to Real Estate" star teased the fourth season of her wildly popular HGTV reality show ahead of her appearance TODAY at Inman Luxury Connect in Las Vegas.
Seattle Times Real Estate
JULY 29, 2024
The Seattle area's office market is a shell of its former self. But lately it's seen a surge in tech companies leasing more than they have in four years.
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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.
Inman
JULY 29, 2024
Release of historical credit scores on tens of millions of loans will help lenders prepare for transition to VantageScore 4.0 next year. Release of FICO Score 10 T data next on deck.
HomeLight
JULY 29, 2024
Wondering about the current value of your home in ATX? Whether you’re considering selling, want to cancel PMI , or are just curious about home values in Austin, having up-to-date information is essential for making smart decisions. In this article, we’ll cover the latest home price trends in Austin, detail how to get an accurate home value estimate , and offer simple strategies to boost your home’s value.
Inman
JULY 29, 2024
Portfolios of foreclosed and seized office buildings, apartments and other commercial buildings hit $20.5 billion during the second quarter of 2024, the highest quarterly figure posted since 2015, according to MSCI.
HomeLight
JULY 29, 2024
Wondering how much your home is worth in today’s market? Whether you’re thinking about selling, trying to cancel PMI , or just curious about current home values in Philadelphia, PA, having this knowledge can guide your financial future. In this article, we’ll explore home price trends in the City of Brotherly Love, dole out advice on getting an accurate home value estimate , and share actionable tips to increase your property’s worth.
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
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