Housing Wire

SEPTEMBER 18, 2024

The Federal Reserve lowered its benchmark interest rate on Wednesday by 50 basis points (bps) to a range of 4.75% to 5%, turning an important corner in the central bank’s fight against inflation. The cut is the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. With both inflation and the labor market cooling, economists and housing professionals alike had expected the Fed to cut borrowing costs in September, with the

Banks 501

Banks Mortgages Finance Sales 501

Real Estate News

SEPTEMBER 18, 2024

The board took an aggressive approach with its 50-basis point cut, and signaled that two more cuts are coming this year.

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Housing Wire

SEPTEMBER 18, 2024

After falling in July, housing starts were back up again in August, according to data released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). In August, housing starts rose to a seasonally adjusted annual rate of 1.356 million, up 2.9% month over month and up 3.9% compared to a year ago. The single-family sector was the sole source of thus increase, as multifamily starts were down 6.7% monthly and 6.2% annually to a rate of 333,000 start

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Marketing Construction New Construction MLS 488

Keeping Current Matters

SEPTEMBER 18, 2024

Even though affordability is improving, buying a home can still feel tough right now.

New Construction 317

New Construction Construction 317

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Housing Wire

SEPTEMBER 18, 2024

Dawn Pfaff is a free-market evangelist, and that informs how she runs MyState MLS. The privately owned multiple listing service has taken a laissez faire approach since its launch in 2009, as it promises no fees and fewer rules than MLSs owned by Realtor associations. This manifesto has helped MyState develop a national footprint with listings for all types of properties, including single-family homes, manufactured homes, newly built homes, foreclosures and even land.

MLS 482

MLS Brokerage Seller concession Agents 482

Real Estate News

SEPTEMBER 18, 2024

A recent survey from Century 21 found that buyers rank community higher than the home itself, and they rely on their agents to provide local insights.

Agents 290

Agents 290

Real Estate News

SEPTEMBER 18, 2024

Housing starts and completions rose year-over-year, and builders expressed more confidence this month — but a significant housing shortfall remains.

Construction 264

Construction 264

Housing Wire

SEPTEMBER 18, 2024

Elder financial exploitation (EFE) is a common form of elder abuse that impacts as much as 10% of older Americans each year. But to better combat its growing commonality, more information is needed — particularly for vulnerable communities — according to senior advocacy organization AARP. “While financial exploitation can occur in any community, gaps in data exist in understanding the impact on older adults within certain communities that historically have been discriminated against,” the organi

As-is 467

As-is Finance 467

Inman

SEPTEMBER 18, 2024

Clelia Warburg Peters, Era Ventures' founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation.

Staging 195

Staging 195

Housing Wire

SEPTEMBER 18, 2024

For those of us in the mortgage world, the spring and summer market may be showing some signs of slowing down, and what a ride this market has been. If the past few years have taught us anything, even the veterans must find ways to adapt, and anything can happen in our industry. You deserve a pat on the back if you are still standing because it has been a wild ride.

Industrial 459

Industrial Mortgages Loan Officer Loans 459

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

Inman

SEPTEMBER 18, 2024

Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may already be priced in to mortgage rates.

Banks 195

Banks Mortgages Marketing 195

Housing Wire

SEPTEMBER 18, 2024

Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. In a document filed with the Securities and Exchange Commission on Monday, Fathom notified shareholders of its decision to settle the antitrust claims related to the Siter/Burnett suit. The agreement settles all related claims nationwide and Fathom noted that the settlement is not an admission of liability or an acknowledgment of the validity of any of the suit’s

Brokerage 446

Brokerage Agents As-is Finance 446

Inman

SEPTEMBER 18, 2024

There are now more than two dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits.

Brokerage 189

Brokerage 189

Housing Wire

SEPTEMBER 18, 2024

CMG Home Loans , the retail lending division of CMG Financial , has its eyes on growing its dedicated reverse mortgage segment. In addition to recently making a key operations hire in an effort to expand its capacity to originate and fund loans, market conditions — including an expanding Home Equity Conversion Mortgage (HECM) for Purchase market — present a unique opportunity for the company.

Loans 444

Loans New Construction Mortgages Lending 444

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Brokerage

Inman

SEPTEMBER 18, 2024

With prices rising, it's becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA's official announcement.

Loans 189

Loans Mortgages 189

Housing Wire

SEPTEMBER 18, 2024

After Hanna Holdings , the parent company of Howard Hanna Real Estate Services, filed a motion to dismiss , the Davis commission lawsuit plaintiff could have either filed a reply brief or an amended complaint. On Monday, the court got its answer, with the plaintiff’s counsel filing its first amended complaint. The suit still takes aim at the National Association of Realtors’ Participation Rule, which required listing brokers to make a blanket offer of compensation to buyer brokers in order to li

MLS 424

MLS Residential Agents As-is 424

Inman

SEPTEMBER 18, 2024

Even before the commission crunch, real estate agents have struggled to make ends meet. Through brokerage partnerships, Upfront aims to ease access to credit for working agents.

Land 188

Land Agents Brokerage Equity 188

Housing Wire

SEPTEMBER 18, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Virtual open houses are a unique way to help you stand out from other agents as a tech-savvy marketer and can help get your listings in front of hundreds (possibly thousands) of potential buyers online. They’re also much less intrusive for homeowners — perfect for sellers who don’t want tons of people walking through their homes on a Sunday afternoon.

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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

SEPTEMBER 18, 2024

Former Keller Williams agents had filed suit in recent months over the company's now-abandoned plans to slash profit sharing for agents who jumped ship for rival brokerages before April 2020.

Brokerage 183

Brokerage Agents 183

RIS Media

SEPTEMBER 18, 2024

The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of the pandemic. Against the backdrop of a cooling job market and cooling inflation, all Fed officials opted to lower the federal funds rates by half a percentage point—50 basis points—to 4.75% to 5%, making a… The post Fed Makes Aggressive Interest Rate Cut appeared first on RISMedia.

Marketing 135

Marketing Industrial 135

Inman

SEPTEMBER 18, 2024

A month into the NAR settlement era, the Inman Intel Index is tracking the impact on buyers, sellers, agents and brokerages. Add your voice to real estate's most ambitious monthly survey today.

Brokerage 183

Brokerage Agents MLS Technology 183

Bigger Pockets

SEPTEMBER 18, 2024

It finally happened: Federal Reserve Chairman Jerome Powell announced that the Fed will, in fact, cut rates, ending months of speculation.

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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

SEPTEMBER 18, 2024

Are your clients considering a Veterans Affairs home loan? Let Clever Real Estate’s Luke Babich walk you through the most common pain points to help ease the process for your buyers.

VA loan 181

VA loan Loans Agents Mortgages 181

RIS Media

SEPTEMBER 18, 2024

Housing starts experienced an eye-catching increase in August, per the latest findings from the U.S. Census Bureau, 9.6% higher overall compared to last month, with single-family constructions up a sharp 15.8%. Privately-owned housing starts were at an annualized rate of 1.36 million during the month, while units authorized by building permits were at 1.48 million. … The post Housing Starts Jump, Single-Family Construction Surges in the Northeast appeared first on RISMedia.

Construction 122

Construction Industrial 122

Inman

SEPTEMBER 18, 2024

Since launching an initiative to combat redlining in 2021, federal prosecutors have reached settlements with 13 mortgage lenders totaling more than $137 million.

Banks 175

Banks Mortgages Lending 175

RIS Media

SEPTEMBER 18, 2024

Stellar MLS has partnered with leading global real estate technology supplier Immobel to offer MLS Match—a direct referral network/marketplace to Stellar MLS customers. MLS Match is a specialized, private referral network and platform designed to connect real estate agents and offices across different market areas to exchange leads and referrals, Stellar MLS stated.

MLS 122

MLS Technology Design 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

SEPTEMBER 18, 2024

Let us know what's keeping you up at night and what's helping you move forward during a time of unprecedented change.

Brokerage 173

Brokerage Agents Marketing 173

RIS Media

SEPTEMBER 18, 2024

Lone Wolf Technologies announced that it continues to demonstrate its agent support with the launch of its Buyer’s Agent Club. This initiative comes as a direct response to the recent industry shift regarding agent compensation. The Buyer’s Agent Club is designed to empower agents with the tools, resources, and knowledge needed to navigate the evolving… The post Lone Wolf Offers More Agent Support With New Buyer’s Agent Club appeared first on RISMedia.

Agents 122

Agents Technology Design Industrial 122

Inman

SEPTEMBER 18, 2024

If you want to be a better negotiator, pace yourself, come prepared with examples in hand, and collaborate to arrive at the best possible decision for your clients, trainer Bernice Ross writes.

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Closing Agents 172

Estate Agent Today

SEPTEMBER 18, 2024

The pace of annual house price growth slowed in July to 2.2%, coinciding with the build up to the General Election, Land Registry figures show.

Land 120

Land Marketing 120

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