Keeping Current Matters

NOVEMBER 30, 2023

Everyone has their own idea of the American Dream, and it's different for each person.

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Marketing 343

Housing Wire

NOVEMBER 30, 2023

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down significantly from last week ’s 7.29% and up from 6.49% the same week a year ago.

Mortgages 518

Mortgages MLS Investor Development 518

Real Estate News

NOVEMBER 30, 2023

A year ago, many economists forecast that rates would fall within the 5-6% range by the end of 2023, but the economy didn’t behave as expected.

Mortgages 308

Mortgages Marketing 308

Housing Wire

NOVEMBER 30, 2023

Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As a result, NAR’s Pending Home Sales Index fell to a reading of 71.4, down from 72.6 in September.

Sales 496

Sales New Construction Construction Mortgages 496

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

Real Estate News

NOVEMBER 30, 2023

Rates edged closer to the 7% mark this week, improving affordability. Coupled with a small bump in listings, that could mean more year-end sales.

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Sales 268

Housing Wire

NOVEMBER 30, 2023

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and more existing-home inventory. Home sales are expected to rise, as homebuyers will have more options to choose from.

MLS 491

MLS Closing costs Sales Mortgages 491

Housing Wire

NOVEMBER 30, 2023

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. Sarah Wheeler: What are some of the biggest challenges right now? Kenon Chen: The challenge that’s in front of everyone continues to be the market itself, and then housing affordability.

Loans 459

Loans Technology Days on market As-is 459

Real Estate News

NOVEMBER 30, 2023

Nationally, pending sales slid 1.5% in October as mortgage rates spiked and buyers retreated.

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Sales Mortgages 227

Housing Wire

NOVEMBER 30, 2023

Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program. The updates include increases in the maximum rehabilitation costs for the program’s limited version, an extension of the allowable period for more complex projects and changes in consultant fees, among others.

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Inspection Finance Renovation Loans 474

Inman

NOVEMBER 30, 2023

Matterport and Vacasa will be traveling a lot together in the near future. The vacation home company hired the digital twin creator in a multi-year contract to help market its global portfolio of vacation homes under management.

Marketing 187

Marketing Technology 187

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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.

Brokerage

Housing Wire

NOVEMBER 30, 2023

If you are waiting on another commission lawsuit trial, it looks like you will be waiting a while. Judge Andrea R. Wood of the U.S. District Court in Chicago indicated this past spring that the trial in the Moehrl commission lawsuit would take place during the first half of 2024. But those plans seem to be in flux after a telephonic status hearing for the case on Wednesday.

MLS 447

MLS Brokerage As-is Agents 447

Inman

NOVEMBER 30, 2023

You've heard of the Pareto Principle. Take it to the next level with the Law of Three, writes luxury consultant Chris Pollinger, a strategy designed to make your leadership more impactful.

Design 180

Design Brokerage Agents 180

Housing Wire

NOVEMBER 30, 2023

After about a week of chaos at Fidelity National Financial (FNF) due to a cybersecurity attack , the firm said the incident was contained on Sunday, November 26. In an updated filing with the Securities and Exchange Commission on Thursday, Fidelity disclosed the company became aware of a cybersecurity incident that impacted some of its systems on Sunday Nov. 19.

Title 447

Title Technology Mortgages Industrial 447

Inman

NOVEMBER 30, 2023

Pending sales fell 1.5 percent month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001.

Sales 177

Sales Agents Marketing 177

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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

Housing Wire

NOVEMBER 30, 2023

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers.

HR 447

HR Pre-approval Design As-is 447

Inman

NOVEMBER 30, 2023

In his latest Snapshot profile, Brandon Doyle interviews Warren Dow, general manager of the real estate division at SavvyCard, about his pivot to real estate technology.

Technology 176

Technology Agents 176

Housing Wire

NOVEMBER 30, 2023

The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining affordability prospects will limit what the Bureau can accomplish. This is according to CFPB Director Rohit Chopra , who offered a semi-annual report on the CFPB in front of the U.S.

Mortgages 433

Mortgages Lending Loans Equity 433

Inman

NOVEMBER 30, 2023

Building the real estate business of your dreams is a journey that requires vision, hard work and perseverance. Jimmy Burgess and brokerage founder Price Rainer share steps to harness your commitment and achieve your most audacious goals.

Brokerage 176

Brokerage Design Agents 176

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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

Housing Wire

NOVEMBER 30, 2023

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio.

Brokerage 449

Brokerage Pre-approval Agents As-is 449

Inman

NOVEMBER 30, 2023

Tune in to this week's latest Inman Access class and hear from three industry experts on what real estate professionals should be prioritizing to see success in today's market and in 2024.

Industrial 173

Industrial Marketing Brokerage Agents 173

Housing Wire

NOVEMBER 30, 2023

A typical 20% down payment on a home in a U.S. metropolitan area costs $80,250, based on the median price of a single-family home of $402,600 in the second quarter of 2023. However, for many first-time homebuyers , the hurdle of making a substantial down payment can seem insurmountable and many can only put down 3-5%, or $12,078 – $20,130. This is where down payment assistance programs can come into play, offering a lifeline to those aspiring to become homeowners.

FHA loan 439

FHA loan Loans Equity Mortgages 439

Inman

NOVEMBER 30, 2023

The Threads app has exploded with posts of Women Supporting Women, an effort for growing community and connecting with other like-minded women. Jessi Healey explains and advises real estate agents on how to participate.

Agents 172

Agents Marketing 172

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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

Housing Wire

NOVEMBER 30, 2023

The Conference of State Bank Supervisors ’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and chief executive officer (CEO). Milhorn will assume the new role on Dec. 4, succeeding James Cooper. Cooper retires after serving in the position since June 2022 following the sudden passing of longtime CSBS CEO John Ryan.

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Banks Loans Mortgages 404

Inman

NOVEMBER 30, 2023

Don't let fear keep LGBTQ+ and minority clients from realizing the benefits of homeownership. Zak Shellhammer offers ideas for becoming an advocate and adviser for all of your buyers.

Agents 170

Agents Marketing 170

RIS Media

NOVEMBER 30, 2023

The process of going through a divorce is undeniably challenging, with numerous emotional, legal and financial considerations. Amidst the upheaval, whether to buy a home can add another layer of complexity to an already intricate situation. You will see the factors to consider when contemplating the purchase of a home during or after a divorce.… The post Should You Buy a Home When Getting Separated?

Industrial 131

Industrial Mortgages Agents 131

Inman

NOVEMBER 30, 2023

The nation's largest title insurer won't say whether it was the target of a ransomware attack, sparking speculation that it paid a ransom to hackers exploiting Citrix Bleed software vulnerability.

Title 166

Title Technology Mortgages 166

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Brokerage

RIS Media

NOVEMBER 30, 2023

RISMedia is excited to announce that Ken Baris, CEO of Jordan Baris Real Estate, will be heading up an industry-leading panel of real estate experts at the 2024 Real Estate’s Rocking in the New Year, the company’s fourth-annual all-virtual conference to be broadcast live on Jan. 11, 2024. Click here to register! Baris’s panel, “Lead… The post Ken Baris to Lead Panel on Lead Generation at RISMedia’s 2024 Rocking in the New Year appeared first on RISMedia.

Industrial 124

Industrial Agents 124

Inman

NOVEMBER 30, 2023

Homebuyers will have slightly more homes to choose from at slightly more agreeable prices in the new year, according to the portal's 2024 forecast.

Agents 174

Agents Marketing 174

RIS Media

NOVEMBER 30, 2023

The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations in them month to month. It is also the Federal Reserve’s preferred measure of inflation. If you want a sense of what the Fed’s board might do before their last meeting of 2023 in December,… The post Falling Inflation Could Lead to Fed Cutting Rates appeared first on RISMedia.

Industrial 128

Industrial 128

Inman

NOVEMBER 30, 2023

There were 7.5 percent more homesellers listing their homes in November 2023 than in November 2022, according to Realtor.com.

Agents 180

Agents Marketing 180

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.

Agents