Housing Wire
OCTOBER 29, 2024
In the latest episode of the RealTrending podcast , Amy Stockberger — broker-owner of Amy Stockberger Real Estate — joins Tracey Velt for a tantalizing conversation that covers her teamerage’s unique “Lifetime Home Support” model and other ways that agents can provide value to home buyers and sellers. This interview has been lightly edited for length and clarity.
Inman
OCTOBER 29, 2024
The property has been acquired by Arizona real estate developer Anita Verma-Lallian, who completed the purchase through a trust. The transaction was facilitated by Brooke Elliott Laurinkus from Christie's International Real Estate Southern California.
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Housing Wire
OCTOBER 29, 2024
Is home-price growth finally cooling? That’s a question raised by the S&P CoreLogic Case-Shiller Index for August, which showed deceleration on a year-over-year basis and a slight dip relative to July. On a non-seasonally adjusted basis, the national home price index posted a 4.2% gain year over year, less than the 4.8% gain from July. The monthly index fell by 0.1%.
Real Estate News
OCTOBER 29, 2024
A law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.
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Housing Wire
OCTOBER 29, 2024
Editor’s note: This is the third in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. It is no secret that many first-time homebuyers are struggling. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 29, 2024
While we can’t share their names, we can share their stories. It’s the same one, over and over again. An individual, often for the first time, is engaging in one of the most important transactions of their lifetime: homeownership. Already intimidated by the multitude of financial requirements that come with securing a mortgage, the borrower becomes even more overwhelmed by the hundreds, sometimes thousands, of emails, calls and texts they receive from an unaffiliated third-party vendor after th
HomeLight
OCTOBER 29, 2024
If you’re about to close on your Alabama home sale, you’re likely wondering how much you’ll owe in closing costs. Nationally, sellers typically pay between 6% to 10% of the property’s sale price in closing costs. Since Alabama’s average sale price sits around $228,283 , sellers pay $13,697 to $22,828 in closing costs on average. To help you get a clearer picture of the closing costs for sellers in Alabama, HomeLight interviewed a leading Alabama real estate agent to put together this comprehensi
Housing Wire
OCTOBER 29, 2024
Employment data for October is set to be released Friday, and it will go a long way in determining the path for mortgage rates, which have surged upward in the past month. At HousingWire’s Mortgage Rates Center on Tuesday, the average rate for 30-year conforming loans was 6.72%. That’s up 10 basis points (bps) from one week ago and 41 bps higher than on Sept. 18, when the Federal Reserve lowered benchmark rates by half a percentage point.
Real Estate News
OCTOBER 29, 2024
Two new surveys point to increasing optimism despite mortgage rate and election uncertainty, a sign that post-settlement anxiety could be waning.
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Housing Wire
OCTOBER 29, 2024
Earlier this year, Lewisville, Texas-based property services company MCS announced that it acquired Five Brothers Asset Management Solutions , a deal that brought MCS into the reverse mortgage industry for the first time. Soon after, CEO Craig Torrance offered an early look at what he hoped to achieve with the move. Roughly six months later, Torrance and Chad Mosley, the company’s president of mortgage services, attended the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting an
Real Estate News
OCTOBER 29, 2024
The company is responding to “a critical time for agents,” said founder Glenn Sanford. New incentives will take effect Nov. 1.
Fancy Pants Homes
OCTOBER 29, 2024
If you’re looking to refresh your “dream home” material, we have just the thing: A newly listed home in Los Angeles’ family-friendly Encino neighborhood has recently landed on the market with an $8,995,000 price tag and some seriously gorgeous interiors. Set behind custom gates, the 6-bedroom home was meticulously designed by the designer/builder duo Shelly and Jeffrey Greenfield of Red Door Homes to incorporate organic materials and sophisticated finishes — with ju
Brownstoner
OCTOBER 29, 2024
An affordable housing lottery has opened for seniors on Prospect Lefferts Gardens’ Winthrop Street in a new eight-story development that has taken the place of an old wood frame house with a large yard. The complex at 250 Winthrop Street has a total of 49 units and 27 are included… Read More > The post Affordable Housing Lottery Opens for Seniors in Prospect Lefferts Gardens appeared first on Brownstoner.
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RIS Media
OCTOBER 29, 2024
DENVER, Colo.—The Federal Housing Finance Agency (FHFA) and the U.S. Department of Housing and Urban Development (HUD) announced Monday the expansion of public appraisal data to include Federal Housing Administration (FHA) loans. That’s according to Naa Awaa Tagoe, deputy director for the Division of Housing Mission and Goals at FHFA, who shared the news Monday… The post FHFA, HUD Add FHA Data to Appraisal Database to Reduce Home Appraisal Bias appeared first on RISMedia.
Brownstoner
OCTOBER 29, 2024
In the News Sheriff Closed NYC Shops Despite No Illegal Weed Sold: Court [NYP] Oscar Isaac Lists Boerum Hill Penthouse for $4.5 Million [NYP] Dogs Dazzle at Fort Greene’s Great PUPkin Costume Contest [BP] Brooklyn Leads Record-Breaking Early Voting Totals [BP] NuHart Superfund Site Enters Final Steps of Cleanup [Greenpointers] Brooklyn Brewery Launches $10K Grant Program… Read More > The post Daily Links: St.
RIS Media
OCTOBER 29, 2024
The S&P CoreLogic Case-Shiller Index, a key measure of U.S. home prices, recorded a 4.2% annual gain in August, a slight decrease from previous levels in 2024. The 10-City Composite saw an annual increase of 6%, down from a 6.8% annual increase in the previous month. The 20-City Composite posted a year-over-year increase of 5.2%,… The post Home Prices Hit Another High, but Pace of Growth Slowing appeared first on RISMedia.
Inman
OCTOBER 29, 2024
Appraisal waiver programs that rely on automated valuation models will be expanded next year to allow participation by homebuyers putting less than 20 percent down.
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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.
RIS Media
OCTOBER 29, 2024
The National Association of REALTORS® has announced Affiniti as a new partner with NAR REALTOR Benefits®, and together they have launched the NAR World Elite Business Mastercard. The card offers 5% cash back on marketing expenses, up to 2.1% cash back on all purchases and a $500 sign-on bonus*. “NAR is committed to providing our… The post NAR Partners with Affiniti to Introduce NAR World Elite Business Mastercard® appeared first on RISMedia.
Inman
OCTOBER 29, 2024
In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk.
RIS Media
OCTOBER 29, 2024
Weichert Real Estate Affiliates, Inc. has announced that nearly 200 franchise brokers, owners and managers from offices throughout the United States attended its national Leadership Retreat, held on October 14-17 at the Sonesta Resort on Hilton Head Island in South Carolina. According to a release, the event was focused on helping attendees navigate the current… The post Weichert® Holds National Leadership Event for Affiliated Brokers, Owners and Managers appeared first on RISMedia.
Inman
OCTOBER 29, 2024
Inman plans to invest further into Blueprint to continue its growth in advance of the next Blueprint Vegas, Sept. 16-18, 2025.
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HomeLight
OCTOBER 29, 2024
If you’re a homeowner in Birmingham and need to sell your house fast, you might be searching for guidance on the best place to start. Whether you’re selling your home fast due to a sudden job relocation, financial challenges, or another unexpected life change, the key to a successful home sale in Birmingham begins with a clear understanding of your options.
Inman
OCTOBER 29, 2024
CoreLogic Chief Economist Dr. Selma Hepp told Inman, “despite much-needed optimism, brought by a sharp decline in mortgage rates in August, the boost was short lived and not enough to renew homebuyers’ interest.
Marco Santarelli
OCTOBER 29, 2024
The Utah housing market forecast for the next two years anticipates moderate price growth, influenced by rising interest rates and varied regional demand. Urban areas may experience continued inventory shortages, keeping prices competitive, while statewide, a gradual transition to a more balanced market is expected. Utah Housing Market Forecast for Next 2 Years: 2025-2026 The Current State of the Utah Housing Market According to Zillow, the average home value in Utah sits at $517,550 , as of my
Inman
OCTOBER 29, 2024
Every challenge is an opportunity in disguise, Darryl Davis writes, pushing you to grow, adapt and, ultimately, succeed in real estate.
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