Are There Actually More Homes for Sale Right Now?
Keeping Current Matters
NOVEMBER 21, 2023
If you’re looking to make a move, you want to be sure you have the latest information on the housing market.
Keeping Current Matters
NOVEMBER 21, 2023
If you’re looking to make a move, you want to be sure you have the latest information on the housing market.
Housing Wire
NOVEMBER 21, 2023
You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your secret sauce to becoming the ultimate authority in the real estate world. In this article, we’re going to dive into the incredible ways AI can skyrocket your authority and set you apart from the competition.
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Real Estate News
NOVEMBER 21, 2023
Fidelity National Financial, parent company of Chicago Title and more, is blocking access to title and escrow services while it investigates a security breach.
Housing Wire
NOVEMBER 21, 2023
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year, however, is shaping up to be better, according to Morgan Stanley. Analysts at the firm say that in 2024 the U.S. will avoid a recession, mortgage rates will fall, incomes will continue to rise and an uptick in listings will spur more housing activity.
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Real Estate News
NOVEMBER 21, 2023
Dave Mele, president of Homes.com, previewed his company’s monetization plans and responded to criticisms and allegations from competitors.
Housing Wire
NOVEMBER 21, 2023
California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their tenants the option to have their rental payments reported to credit bureaus. For the past two years since the law went into effect, residents of these housing developments have had the opportunity to opt into rent reporting annually.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
NOVEMBER 21, 2023
Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. Existing-home sales dropped 4.1% in October from the prior month , reaching a seasonally adjusted annual rate of 3.79 million, according to the N ational Association of Realtors. Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 million.
Inman
NOVEMBER 21, 2023
Existing sales fell 4.1 percent in October to an annual rate of 3.79 million, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said.
Housing Wire
NOVEMBER 21, 2023
Has the epic crash in existing home sales finally found a workable bottom to rise from? The 10-year yield will be our guide, as I discussed on CNBC very early in 2023. Where the 10-year yield goes, so goes housing! I say this because of the slow dance between the 10-year yield and 30-year mortgage rates since 1971. Last year, the 10-year yield fell from 4.25% to 3.37%, pushing mortgage rates lower from 7.37% to 5.99%.
Inman
NOVEMBER 21, 2023
After exceeding 8 percent in October, rising mortgage rates overtook "lack of housing inventory" as the top concern for real estate agents, according to the results of the latest monthly Inman Intel Index.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
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Housing Wire
NOVEMBER 21, 2023
Rocket Pro TPO , the wholesale arm of Rocket Mortgage , announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes. The announcement, made via social media by Mike Fawaz, executive vice president at Rocket Pro TPO, states that for new locks as of Nov. 20, brokers will see a credit of 25 basis points for non-owner-occupied agency loans.
Inman
NOVEMBER 21, 2023
Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands.
Housing Wire
NOVEMBER 21, 2023
Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three years. That’s according to CoreLogic ’s Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. “ Single-family rent growth eased again in September and is now back to the rate recorded before the pandemic,” Molly Boesel, principal economist for CoreLogic, said in a statement.
Inman
NOVEMBER 21, 2023
Thirty percent of real estate agents and 55 percent of mortgage and real estate broker-owners agree that culture is the factor that sets a company apart from the rest, according to the October 2023 Inman Intel Index results.
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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.
Housing Wire
NOVEMBER 21, 2023
HousingWire Editor in Chief Sarah Wheeler and Brena Nath, director of HW+ and events at HousingWire. On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. Having referred to this phrase for over 10 years, the explanation we’ve used is as adaptable and forward thinking as the saying is supposed to be.
Inman
NOVEMBER 21, 2023
Under pressure to add more housing supply, officials say they're looking at ways to decrease the number of short-term rentals in the country.
Housing Wire
NOVEMBER 21, 2023
California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England. That’s not the first addition to CMG this year. In March, the company struck a deal to acquire Homebridge Financial Services ‘s retail division to grow its retail lending business footprint.
Inman
NOVEMBER 21, 2023
Curbio "strongly" denied claims on Monday by Washington, D.C.'s attorney general that the pre-sale renovation startup violated consumer protection laws through "deception, intimidation and fraud.
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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.
Housing Wire
NOVEMBER 21, 2023
Attom Data Solutions has appointed Ned Stringham to the role of chairman of the board. His addition expands the board to six members. The property data provider also promoted Ana Flor and Kara Taylor to the positions of chief people officer and chief marketing officer, respectively. Before the promotions, Flor was the executive vice president of people and Taylor served as executive vice president of marketing.
Inman
NOVEMBER 21, 2023
Property management software enhances operations and saves time and money for agents, property owners and short-term rental guests. Victoria Kennedy, CEO of Atman Real Estate, shares strategies for assessing your tech.
Housing Wire
NOVEMBER 21, 2023
Jessica Davis, content editor, HousingWire Content Studio. Perhaps the only predictable thing about the mortgage industry is its unpredictability. We all know the market is cyclical, but no one enjoys seeing the downside, and this year has been a difficult one. Rates have been high, inventory has been low and purchase applications have been down. As a result, the market has been slower, with continued layoffs and some lenders exiting the game.
Inman
NOVEMBER 21, 2023
The spartan, amenity rich AI assistant is currently available to the 3-year-old brokerage's 400 agents with plans to offer the tool to outsiders before the end of 2023, executives told Inman.
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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.
Housing Wire
NOVEMBER 21, 2023
The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The final rule is primarily related to guarantees on commingled securities, multifamily mortgage exposures secured by properties with government subsidies and derivatives and cleared transactions.
Inman
NOVEMBER 21, 2023
RentRedi CEO Ryan Barone writes that from smart home enhancements to mobile-friendly tech service that streamlines the rental process, technology is the key to helping college-town landlords thrive in today's market.
Bigger Pockets
NOVEMBER 21, 2023
With mortgage rates climbing, creative financing has become an alternative method of investing in real estate. Here's one of the best ones to utilize.
Inman
NOVEMBER 21, 2023
Post-pandemic real estate isn’t easy, according to Florida team leader Marcus Larrea. Here’s how to make sure you’re capturing as much business as possible.
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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.
Bigger Pockets
NOVEMBER 21, 2023
Yes, there are STILL rental property mortgages with low interest rates AND low money down, even in 2023.
Coldwell Banker
NOVEMBER 21, 2023
This week's Top 10 press placements showcase the power of the blue brand in headlines across the globe. The post Top 10 Coldwell Banker Brand Press Placements – Week of Nov. 13, 2023 appeared first on Coldwell Banker Blue Matter.
HomeLight
NOVEMBER 21, 2023
So you’ve made the decision to sell your home. Now you need to choose your selling path: FSBO vs. Realtor®. Do you take the traditional route , relying on your agent to do the heavy lifting? Or, do you list your home “ for sale by owner ” and dedicate your time to save on commission ? Each route comes with unique advantages and challenges — you’ll want to know what lies ahead before you embark on the home sale journey.
Eye on Housing
NOVEMBER 21, 2023
Existing home sales in October fell to the lowest level since August 2010, as limited inventory and higher mortgage rates continued to weigh on homebuyers, according to the National Association of Realtors (NAR). Low resale inventory and strong demand continued to drive up existing home prices, marking the fourth consecutive month of year-over-year median sales price increase.
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