Housing Wire

AUGUST 23, 2024

Federal Reserve Chair Jerome Powell said on Friday that “the time has come for policy to adjust,” signaling a cut in the federal funds rate at the September meeting of the Federal Open Market Committee (FOMC) as expected by monetary policy watchers. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks,” Powell said during a speech at the Kansas City Fed’s annual conference in Jackson Hole, Wyoming.

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Mortgages Loans Marketing As-is 493

Keeping Current Matters

AUGUST 23, 2024

While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.

Sales 304

Sales 304

Housing Wire

AUGUST 23, 2024

The new home sales report had such a big beat today that many people had to double-check the numbers — and I get it. The estimates were for 623,000 but the sales came in at 739,000. This isn’t my first rodeo with new home sales data and I believe these numbers will be revised lower, but a beat is a beat. There are other sources we can check to get clues on this report ahead of time.

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Sales Mortgages Development As-is 483

Real Estate News

AUGUST 23, 2024

Watch the conversation with analyst John Campbell on the winners — and “not winners” — among public real estate firms, plus a bold guess about agent attrition.

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Agents 282

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

Housing Wire

AUGUST 23, 2024

The Department of Justice (DOJ) continues to take aim at alleged antitrust violations in the real estate industry. The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially inflate rents through the sharing of private information.

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Commercial MLS Industrial Brokerage 433

Real Estate News

AUGUST 23, 2024

Two new surveys provide a snapshot of what agents are seeing in the market, and while they’re slightly less optimistic, they remain “net positive.

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Agents Marketing 233

Real Estate News

AUGUST 23, 2024

New home sales jumped 10.6% in July as builders took advantage of lower mortgage rates and used incentives to close deals.

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Marketing Closing Mortgages Sales 243

Housing Wire

AUGUST 23, 2024

Aging in place is seen as a leading “social barrier“ to healthy aging in America in 2024, according to a new survey conducted by Alignment Health. The survey was first reported by McKnights Senior Living. “As more seniors choose to live independently and longer in their own homes, aging in place brings its own set of challenges: nearly seven out of 10 consider aging in place a top social barrier to their health and well-being,” the organization said of its survey findings.

Technology 435

Technology As-is Finance 435

Real Estate News

AUGUST 23, 2024

The federal agency claims that the rental software company’s product is keeping rents high and stifling competition.

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Housing Wire

AUGUST 23, 2024

Jaro is the only end-to-end appraisal platform on the market that is painstakingly designed for lender and AMC workflows to serve every party in the valuation process. Whether managing an appraisal desk or working as an independent appraiser, Jaro’s comprehensive suite of products, including JaroDesk and JaroInspect, offers pioneering solutions that enhance the customer and user experience.

Industrial 433

Industrial Technology Design As-is 433

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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.

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Inman

AUGUST 23, 2024

"Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law," Attorney General Merrick Garland said on Friday.

Technology 192

Technology Agents 192

Housing Wire

AUGUST 23, 2024

The Federal Housing Finance Agency (FHFA) this week published a final rule in the Federal Register that outlines housing goals for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and seeks to establish yearly standards to meet the goals. The proposed goals for 2025 through 2027 are designed to ensure that the GSEs purchase mortgages that “responsibly promote equitable access to affordable housing that reaches low- and moderate-income families, minority communities, and oth

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Mortgages Finance Design As-is 427

Inman

AUGUST 23, 2024

Active homebuyers are motivated by numerous factors — including a desire to find a larger or nicer home in this high-rate environment — according to the latest Inman-Dig Insights consumer survey.

Brokerage 187

Brokerage Agents Marketing 187

Housing Wire

AUGUST 23, 2024

The latest data reflected in the Agent Movement Index (AMI) for July 2024 indicates a notable shift in the real estate agent landscape, highlighting a cooling trend in agent movement and an emerging caution in the market. Key observations from July 2024 AMI: Halting of agent growth: The recent trend of increasing active agents , which we’ve observed over several months, appears to have stopped.

Agents 415

Agents Marketing Brokerage Industrial 415

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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

Inman

AUGUST 23, 2024

Some key factors agents will keep an eye on as the year continues include dream homebuying trends, elections, the economy, and growing and emerging markets, according to new midyear luxury reports from Compass, Coldwell Banker and Sotheby's International Realty.

Agents 172

Agents Marketing Mortgages 172

Housing Wire

AUGUST 23, 2024

Three days before the new business practice changes mandated by the settlement of the National Association of Realtors ‘ commission lawsuit went into effect, HousingWire caught up with top real estate coach Skye Michiels to talk about how his agents are handling the big changes. Michiels , the former head of coaching at Compass who now runs his own real estate agent coaching firm, With Heart Coaching , said the first six months are going to determine how agents adjust to the many variables

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FHA loan Agents Brokerage Staging 399

Inman

AUGUST 23, 2024

Blockchains founder Jeffrey Berns is the seller. The home is one of the priciest to sell on Lake Tahoe and features 150 feet of lake frontage as well as a boat lift and shared deep water pier.

Sales 174

Sales As-is 174

Housing Wire

AUGUST 23, 2024

Montana ’s unique Reverse Annuity Mortgage (RAM) program is a state-sponsored reverse mortgage, with lower interest rates and proceeds along with a higher minimum qualifying age that distinguishes it from the Home Equity Conversion Mortgage (HECM) program through the Federal Housing Administration (FHA). Cheryl Cohen, division administrator for the housing division at the Montana Department of Commerce and executive director of the Montana Board of Housing , recently sat down with HousingWire ’s

Industrial 387

Industrial Mortgages Loans Title 387

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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

Inman

AUGUST 23, 2024

Zillow is continuing its leadership shuffle, with the Seattle-based residential portal announcing a new senior vice president of agent sales on Friday. Former PayPal executive Soumya Tulloss will lead Zillow's agent sales, the segment that includes flagship products Zillow Showcase and Zillow Premier Agent.

Sales 172

Sales Agents Residential Technology 172

Seattle Times Real Estate

AUGUST 23, 2024

Washington Attorney General Bob Ferguson’s office estimates that landlords have used the software to set rents for 800,000 Washington leases since 2017.

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Inman

AUGUST 23, 2024

Women's real estate advocate Bobbie Wasserman shares strategies for overcoming hurdles and obstacles that sometimes block women from optimizing the financial potential of real estate ownership.

Marketing 170

Marketing Brokerage Agents 170

RIS Media

AUGUST 23, 2024

On Monday, August 19, HomeServices of America and Douglas Elliman—the two brokerage defendants in the ongoing Lutz v. HomeServices of America, Inc. suit—filed a joint complaint to have the homebuyer commission lawsuit dismissed. Settlement agreements for commission lawsuits have been reached by the National Association of REALTORS® (NAR), with the association’s agreed-upon rule changes going… The post HomeServices and Douglas Elliman Seek Dismissal of Commission Lawsuit appeared first on

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Brokerage Industrial Agents 122

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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

Inman

AUGUST 23, 2024

Picture this: It's January 2025. A new president has just taken office, and the real estate industry is buzzing with potential. A new chapter begins.

Industrial 174

Industrial Brokerage Agents 174

RIS Media

AUGUST 23, 2024

Above, Jerome Powell The possibility of a September interest rate cut just became a much more imminent promise, according to a speech given by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, today. At the Central Bank’s annual Wyoming retreat, Powell reflected back on the fight against inflation since the pandemic, and gave a… The post Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September appeared first on RISMedia.

Banks 122

Banks Industrial Agents 122

Inman

AUGUST 23, 2024

Establishing yourself as a luxury real estate agent doesn't have to cost more, broker Tara Meier writes. It's about a simplified aesthetic and a strong sense of your value proposition.

Agents 161

Agents Banks Marketing 161

HomeLight

AUGUST 23, 2024

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. The national median price of an apartment in March 2024 stood at $1,987. This is $355 more than the median price five years ago and $15 more than March last year.

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Investor As-is Agents Sales 116

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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.

Brokerage

Inman

AUGUST 23, 2024

Compass agents have united to launch BDG Partners, a full-service team based in Nashville, Tennessee, with the addition of real estate veteran Grant Hammond, the firm announced.

Agents 156

Agents Brokerage 156

HomeLight

AUGUST 23, 2024

DISCLAIMER: This article is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. HomeLight always encourages you to reach out to an advisor regarding your own situation. The first time you buy a home , you’re going to take out a mortgage. There’s usually no getting around it. Trouble is, mortgage loans come with a slew of complicated vocabulary and documents.

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Mortgages Banks Loans Closing 116

Inman

AUGUST 23, 2024

Whereas HomeStack comes with home search functionality, a CRM, on-board communications with two-way activity notifications, lead routing, tour scheduling and other tools, APInation helps send information from one major product to another, and vice versa, like Zapier.

Technology 149

Technology 149

Eye on Housing

AUGUST 23, 2024

Sales of new homes rose unexpectedly in July, following significant revisions in the previous months data. Sales of newly built, single-family homes in July rose 10.6% to a 739,000 seasonally adjusted annual rate from significant upward revisions in June, according to newly released data from the U.S. Department of Housing and Urban Development and the.

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Sales Development 111

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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