Thu.Dec 05, 2024

article thumbnail

Real estate Instagram accounts: 21 agents & influencers to follow right now

Housing Wire

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Are you looking to add a dose of inspiration, humor and expertise to your Instagram feed? From luxury property tours to laugh-out-loud real estate memes, these 21 agents and influencers bring the best of the industry right to your phone.

Agents 397
article thumbnail

Why Owning a Home Is Worth It in the Long Run

Keeping Current Matters

Today’s mortgage rates and home prices may have you second-guessing whether it's still a good idea to buy a home right now.

Mortgages 263
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Scaling your real estate team to 9 figures & beyond

Housing Wire

Why most teams struggle to scale Scaling a real estate team to $100 million in production is a daunting challenge, but the biggest roadblock isn’t market conditions or competition — it’s outdated strategies. Many team leaders fall into the trap of simply working harder, hoping that hustle alone will create results. Without systems and processes that support consistent growth, teams often hit a plateau, leaving leaders frustrated and burnt out.

article thumbnail

Homebuying activity picks up as mortgage rates fall

Real Estate News

Purchase applications and home tours are on the rise as rates drop to the lowest level in six weeks.

Mortgages 224
article thumbnail

The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

article thumbnail

Johns Hopkins: Long-term care must be expanded to support aging in place

Housing Wire

A recent study authored by researchers at Johns Hopkins Universitys Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes. By 2034, Americans ages 65 and older will outnumber those under the age of 18 for the first time in U.S. history.

article thumbnail

Take your video strategy from idea to influence

Inman

Tune into Inman Access to elevate your skills and refine your video marketing strategy to grow income, leads and credibility.

Marketing 172

More Trending

article thumbnail

Have agents become their own worst enemies?

Inman

New commission rules offer brand new opportunities for working with buyers. California broker Cindi Hagley offers ways to embrace change and prosper.

Agents 157
article thumbnail

Rocket sues HUD, saying it isn’t accountable for appraiser’s actions

Housing Wire

Rocket Mortgage , the third-largest U.S. mortgage lender, is suing the U.S. Department of Housing and Urban Development (HUD), alleging the agency is “unfairly” holding the company accountable for the actions of an independent appraiser in a 2021 case. The lawsuit was filed Wednesday in U.S District Court in Colorado. A HUD spokesperson did not immediately respond to HousingWire ’s request for comments.

Lending 397
article thumbnail

Patrick Dovigi sells Aspen mansion for $55M, turns a $6.25M profit

Inman

In the spring, he sold another Aspen mansion for $110 million, making a substantial profit after purchasing the property for $72.5 million in 2021. In September, he acquired Jack Nicholson's former estate for $59.75 million in an off-market deal.

Marketing 157
article thumbnail

How Emerging Technologies Are Shaping the Future of Mortgage and Real Estate

Housing Wire

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors Choice Awards. Nominations for HousingWires 2025 Tech100 Award are open now through December 16, 2024. Click here to nominate a tech organization. The mortgage and real estate industries are on the cusp of a technological revolution, with emerging innovations like artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA) poised to trans

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

article thumbnail

Rocket Mortgage sues HUD over alleged appraisal bias ‘tightrope’

Inman

As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination.

Mortgages 156
article thumbnail

Manufactured homes are appreciating faster than site-built homes

Housing Wire

An analysis of data from the U.S. Department of Housing and Urban Development (HUD) and U.S. Census Bureau over a five-year period shows that prices for manufactured homes have risen by nearly 60% as the nation continues to contend with a housing affordability crisis that stems in part from a shortage of sufficient inventory. The study from LendingTree found that the average price of a new manufactured home sold in the U.S. increased by 58.34% between 2018 and 2023.

article thumbnail

Aaron Kirman: ‘It’s business as usual’ after Compass acquisition

Inman

The day after Compass announced its acquisition of Christie's International Real Estate and @properties, Christie’s International Real Estate Southern California owner Aaron Kirman said his brand will be unchanged.

Branding 167
article thumbnail

Divya Aathresh on using AI to solve brokerage back office problems

Housing Wire

Editor in Chief Sarah Wheeler sat down with Divya Aathresh, founder and CEO of MaxHome.AI , to talk about the startup’s goals and how using artificial intelligence to solve real estate’s back-office problems will free up agents to do what they love best. Sarah Wheeler: You founded MaxHome.AI in January. What stage is the company in right now? Divya Aathresh: We are still very early, in the pre-seed stage.

Brokerage 369
article thumbnail

Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

article thumbnail

Realtor.com CEO Damian Eales sees a silver lining in portal wars

Inman

Ahead of his second Inman Connect New York appearance this January, Eales dished on Clear Cooperation, housing affordability and the bright side of Realtor.com's ongoing feud with CoStar.

140
140
article thumbnail

Highlands Residential Mortgage hires Daniel McCoy as regional construction loan manager

Housing Wire

Highlands Residential Mortgage announced that Daniel McCoy is joining the company as a regional construction loan manager for the Southeast. Daniel McCoy McCoy leads the construction-focused McCoy Mortgage Team , which has previously affiliated with companies like MVB Mortgage , Intercoastal Mortgage and Cardinal Financial. The lending executive’s reviews on Zillow reflect stellar performance in North Carolina. “They certainly EARNED my business and I wouldn’t consider working

article thumbnail

Teams Spotlight: The Doron Zwickel Team

Inman

Find out how this New York City team leader got his start in real estate and what he learned from his biggest client blunder.

137
137
article thumbnail

Referrals are out, online searches are in: What agents need to know

Housing Wire

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. For decades, referrals have been the backbone of a real estate agents business. But in an era where nearly everything begins with a Google search, the way buyers connect with agents has changed dramatically. According to the Zillow Consumer Housing Trends Report, released in October, a full 37% of buyers found their agent online compared to only 31% who c

Agents 370
article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

article thumbnail

Become a ‘knowledge broker’ as real estate turns the page

Inman

In the wake of NAR’s settlement and rule changes, now is the time to communicate confidently, get creative and position yourself as a knowledge broker, Buying Beverly Hills’ Jon Grauman writes.

As-is 136
article thumbnail

UWM to issue $500M in unsecured debt, aims to pay down MSR facilities

Housing Wire

UWM Holdings Corp. , the parent company of leading U.S. mortgage lender United Wholesale Mortgage (UMW), announced Thursday its plan to raise $500 million in debt through a private offering of senior notes that mature in 2030. The company intends to use the proceeds to pay down outstanding amounts on its mortgage servicing rights (MSR) facilities and for general corporate purposes, according to filings with the Securities and Exchange Commission (SEC).

Equity 397
article thumbnail

Weichert, following eXp again, suffers settlement setback

Inman

The company's request to pause one case while cutting a deal in another was just denied. The denial highlights a controversy over a settlement method known as a "reverse auction.

Brokerage 135
article thumbnail

Fewer Americans are moving, but these are the states they’re relocating to

Housing Wire

With high home prices and rising interest rates hitting the 2024 housing market, many homeowners chose to “lock in“ to their homes. But those who decided to move went to states you might not have guessed — and for reasons you might not expect. Leading national moving company Atlas Van Lines conducted two surveys to analyze interstate moving trends in 2024.

Sales 397
article thumbnail

The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

article thumbnail

Are you a DINK? This luxe Brooklyn building is NOT about the kids

Inman

655 Union Street is making an effort to appeal to younger dual-income, no-kids couples — colloquially known as "DINKs" — with an array of amenities for more mature residents.

As-is 135
article thumbnail

CoStar denies Move’s allegations that it stole trade secrets

Housing Wire

Move Inc. and CoStar are back at their battle stations as CoStar and James Kaminsky , the employee at the center of the companies’ legal fight, filed their replies to Move’s second amended complaint on Tuesday. Move’s lawsuit alleges that Kaminsky, a former employee of Move-backed Realtor.com who now works for CoStar’s Homes.com , stole trade secrets from Move in order to fuel the rapid growth of Homes.com.

Title 370
article thumbnail

Why your lead sources are setting you up for failure

Inman

The thing that's killing your real estate business, coach Ricky Carruth writes, is the way you've been programmed to think about leads.

Agents 131
article thumbnail

Trigger leads stripped out of defense bill, won’t pass this year

Housing Wire

A bill aimed at limiting the use of credit trigger leads was excluded from the Senate’s Fiscal Year 2025 National Defense Authorization Act (NDAA), the Broker Action Coalition informed its members on Wednesday. However, the group assured members that a backup strategy is already in place. “This bill, along with a slew of other provisions, were stripped out of the current version of the NDAA package,” which means that the “Trigger Lead Bill is unlikely to pass this year,” executives at the trade

Loans 334
article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

article thumbnail

Asking Rents Mostly Unchanged Year-over-year

Calculated Risk Real Estate

Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market. Slower household formation and increased supply (more multi-family completions) has kept asking rents under pressure. Apartment List: Asking Rent Growth -0.7% Year-over-year From ApartmentList.com: Apartment List National Rent Report Rents are down 0.8% month-over-month, down 0.6% year-over-year Welcome to the December 2024 Apartment List National Rent Report.

Principal 110
article thumbnail

Growth is the name of the game for Compass in 2025

Housing Wire

Compass created quite the buzz earlier this week when it announced its acquisition of Christies International Real Estate and @properties for a total of $444 million in cash and stocks. But executives say this move should not have come as a surprise. Robert [Reffkin] and Kalani [Reelitz] have shared on multiple earnings calls that M&A is going to be part of our strategy going forward, and one that we are really excited about, said Rory Golod, Compass president of growth and communications.

Title 370
article thumbnail

How to diversify your marketing as a luxury real estate brokerage 

Inman

Diversifying your marketing offering is not just about adopting new tactics, The Agency's Rainy Hake Austin writes. It's about staying flexible and open to meet (and exceed) the client’s changing expectations.

Brokerage 128
article thumbnail

HECM line of credit option continues to dominate with 90% share

Housing Wire

Home Equity Conversion Mortgage ( HECM ) endorsements continued to decline in the 2024 fiscal year from a recent peak observed in 2022, while the HECM line of credit continued its dominance as a payment option. Single women were the single largest cohort served by the HECM program. This is according to program data from the Federal Housing Administration (FHA) as detailed in the agencys Annual Report to Congress, released in November.

Principal 284
article thumbnail

Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.