Housing Wire
DECEMBER 1, 2023
Mortgage originators will pay more to access consumer credit reports in 2024, reigniting complaints from mortgage lenders and trade associations. In 2024, Fair Isaac Corp. (FICO), the company that retains the rights to the market’s adopted methodology to measure consumer credit risk, will charge one price – higher than the current price – to all mortgage lenders, independent of their volumes.
Real Estate News
DECEMBER 1, 2023
Real Estate News has selected the top newsmakers in a year shaped by trials — of all kinds — and resilience in the face of epic challenges and opportunities.
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Housing Wire
DECEMBER 1, 2023
The U.S. Department of Housing and Urban Development (HUD) on Friday published a proposal that would require public housing agencies (PHA) to provide 30 days’ notice before filing an eviction notice in court for nonpayment of rent. PHAs with tenants in public housing and owners of properties participating in HUD multifamily project-based rental assistance programs would need to provide “written notification at least 30 days” before a court filing for an eviction due to rent nonpayment.
Keeping Current Matters
DECEMBER 1, 2023
Here are a few reasons you may not want to hold off until the new year to sell your house.
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.
Housing Wire
DECEMBER 1, 2023
The latest baseline increase in conforming loan limits has enabled loan originator Dave Krichmar’s client to make a 5% down payment instead of 10%. The self-employed homebuyer found an $800,000 home in Texas, but with the conforming loan limit for 2023 being $726,200, the buyer needed a jumbo loan or a bank statement loan. Those loan types would require a larger down payment of at least 10% of the home’s value, or $80,000, which would stretch his budget too thin. “With the latest Federal H
Real Estate News
DECEMBER 1, 2023
The DOJ wants to revisit an antitrust case originally settled in 2020, and if successful, could demand even more changes to commission practices.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 1, 2023
More than 2,700 Redfin agents are eligible for compensation from the $3 million settlement payout.
Housing Wire
DECEMBER 1, 2023
In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.” Originally filed in early November, the commission lawsuit known as the March suit , after its lead plaintiff, takes aim at a REBNY Listing Service rule called the Buyer Broker Commission Rule, which states that the brokers “shall each be paid an equal share of
Inman
DECEMBER 1, 2023
The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months.
Housing Wire
DECEMBER 1, 2023
Ready to find the best online real estate schools in Texas? Completing the required 180 hours of prelicensing coursework is your first step to getting licensed. In this article, we’ll explore the best Texas real estate schools to equip you with the knowledge and skills necessary to thrive in this competitive industry — and pass the Texas real estate exam.
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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.
Inman
DECEMBER 1, 2023
The real estate agent and interior design pro said he was making the move because of The Agency's boutique culture. He has closed more than $300 million in sales volume during his career.
RIS Media
DECEMBER 1, 2023
With mortgage rates recently starting to retreat from their highs of close to 8%, homeowners may start to consider refinancing in order to save money on monthly payments or possibly change to a shorter term. But they need to be aware of some important considerations before proceeding. Refinancing could actually be a losing proposition, as… The post 4 Mortgage-Refinancing Mistakes Homeowners Must Avoid appeared first on RISMedia.
Inman
DECEMBER 1, 2023
Brad Inman has coined a real estate industry mantra for next Year: "Roar in 24." Find out what else he's thinking about and how you can move into the new year stronger and braver than ever before.
RIS Media
DECEMBER 1, 2023
Above: Standing (left to right): Peggy Pratt and Michelle Fermin, CENTURY 21 North East. Sitting (left to right): Oralia Herrera, CENTURY 21 T.K. Realty, Inc.; Eva Angelina Romero, CENTURY 21 Capital Properties; Nora Aguirre, CENTURY 21 Americana According to the National Association of Hispanic Real Estate Professionals®’ (NAHREP®) 2023 State of Hispanic Homeownership Report, Hispanic… The post December Cover Story: Change Agents appeared first on RISMedia.
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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.
Inman
DECEMBER 1, 2023
You loved last week's good news on mortgage rates, and this week brought even more smiles to real estate agents and brokers.
Eye on Housing
DECEMBER 1, 2023
NAHB analysis of Census Construction Spending data shows that private residential construction spending rose 1.2% in October, after a dip in September. It stood at a seasonally adjusted annual pace of $884 billion. Total private residential construction spending is 0.7% higher compared to a year ago. This was the first year-over-year increase since December 2022.
Inman
DECEMBER 1, 2023
From backyard cottages to duplexes and more mixed-use buildings, a survey of over 5,000 people found them broadly supportive of widespread zoning changes
Sotheby's International Real Estate
DECEMBER 1, 2023
London, England | United Kingdom Sotheby’s International Realty David Sullivan spent seven years and just under $63 million to renovate the centuries-old Marylebone house. West Ham Football Chair Asks $94.67M for London Home – The Wall Street Journal Hot property: five homes for sale in Costa Rica – Financial Times In Manhattan, A Brand-New $22.5M Townhouse Offers Dynamic Design and a Private Garage – Robb Report A Two-Year Reno Gave This Villa in France a New Life – Mansion Global Step In
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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.
Inman
DECEMBER 1, 2023
Investors who fund most mortgages remain convinced the Fed will begin lowering rates in the spring to avoid strangling the economy.
Coldwell Banker
DECEMBER 1, 2023
When it comes to living a healthier lifestyle, the little things can add up and make a considerable impact! It’s not just about hitting the gym or eating right – it’s also about creating a healthier home environment and adopting habits that promote overall well-being. To help you on your journey, here are some tips […] The post 7 Tips for Creating a Healthier Home in the New Year appeared first on Coldwell Banker Blue Matter.
Inman
DECEMBER 1, 2023
Does ill will have your holiday tinsel in a tangle? Grab some hot chocolate and realign your spirit with end-of-year insights to make this chilly season merry and bright.
RIS Media
DECEMBER 1, 2023
In fact, 44% of Americans think the housing market is at risk of crashing in the next year, according to a new report from LendingTree. LendingTree’s new survey of over 2,000 U.S. consumers looked at their opinions surrounding the potential of a housing market crash in 2024. The report found that many non-homeowners believe that… The post How Do Americans Feel About a Potential Housing Market Crash appeared first on RISMedia.
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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.
Inman
DECEMBER 1, 2023
Darryl Davis shares some of the hard-won lessons of the world's most successful and resilient businesses. Put them to work in your professional life to meet the current moment.
RIS Media
DECEMBER 1, 2023
Today, a Washington, D.C., federal appeals court heard oral arguments from lawyers from the Department of Justice (DOJ) and the National Association of REALTORS® (NAR) regarding a shuttered antitrust investigation ahead of a decision that could potentially have larger implications than any of the ongoing class action lawsuits. Over the course of half an hour,… The post Appeals Court Leans Toward Allowing DOJ to Reopen NAR Antitrust Investigation appeared first on RISMedia.
Inman
DECEMBER 1, 2023
The marketing executive spent eight years at Vogue before transitioning into real estate and was instrumental in the founding of Compass' luxury division.
RIS Media
DECEMBER 1, 2023
To outsiders, a real estate agent’s job seems pretty sweet. They’re almost always smiling, dressed well, driving nice cars and simply showing houses to people who want to buy one. What’s so hard about that? Stacy Cole admits she had that misguided mindset when she decided to become a REALTOR®. She was working as the… The post RISMedia’s 2023 Real Estate Rookie of the Year Stacy Cole: ‘No Such Thing as a Part-Time REALTOR®’ appeared first on RISMedia.
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Inman
DECEMBER 1, 2023
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
RIS Media
DECEMBER 1, 2023
According to research by realtor.com®, down payments on homes in the U.S. reached a new peak in Q3 2023. The average down payment is 14.7%, and the median down payment amount is $30,000. As the report notes, down payments have increased alongside high mortgage rates and low inventory. This means a challenging market for buyers… The post Down Payments Reach New Peak, Presenting Further Challenge for Buyers appeared first on RISMedia.
Inman
DECEMBER 1, 2023
Understanding the current state of work culture could save stress and retention woes, writes Rachael Hite. Here are a few ideas on how brokers can make work more enjoyable in 2024.
Bigger Pockets
DECEMBER 1, 2023
These five short-term rental markets are not the destinations you'd expect, but are certainly the ones you should own in.
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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