Housing Wire

SEPTEMBER 25, 2024

Mortgage applications are now at their highest level in more than two years after an 11% jump during the week ending Sept. 20, according to the newest weekly applications survey from the Mortgage Bankers Association (MBA). The 11% increase in the MBA’s overall applications index — boosting the index to its highest point since July 2022 — was fueled primarily by refinances , which rose 20% from the prior week and are now 175% higher compared to the same week in 2023.

FHA loan 447

FHA loan Mortgages VA loan Fixed-rate mortgage 447

Real Estate News

SEPTEMBER 25, 2024

The Federal Trade Commission said the Dallas-based single-family home rental company “preyed on tenants through a variety of unfair and deceptive tactics.

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Housing Wire

SEPTEMBER 25, 2024

A judge in Arizona granted Mat Grella, the former president of NEXA Mortgage , a motion to dismiss a lawsuit filed by the company. NEXA has accused Grella of causing the failure of a $24 million hangar-office property purchase and the brokerage firm is preparing to file an amended complaint. The saga began in March when Grella was terminated from NEXA amid buyout negotiations.

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Mortgages Due diligence Brokerage Loan Officer 433

Real Estate News

SEPTEMBER 25, 2024

Florida, North Carolina and Texas dominate a new report sizing up the top 10 markets for real estate investment.

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Investor Marketing 274

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

SEPTEMBER 25, 2024

Michigan -based ERA Prime Real Estate Group is continuing its acquisition spree. On Tuesday, the firm announced its acquisition of Southgate, Michigan-based GAP Realty Group. ERA Prime Real Estate Group, which also has offices in Farmington and Grand Blanc, said that the acquisition would increase the firm’s services area and market share in Southeast Michigan.

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Title Brokerage Development Mortgages 418

Keeping Current Matters

SEPTEMBER 25, 2024

Should you buy a home now or should you wait? That’s a question a lot of people have these days.

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Equity 289

Real Estate News

SEPTEMBER 25, 2024

August numbers were down nearly 5% from July, but came in better than a year ago and are still expected to outperform existing home sales in the coming months.

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Sales 211

Housing Wire

SEPTEMBER 25, 2024

Just when you think you can anticipate the next trend in real estate, get ready for a new twist. Home prices increased 5.4% nationally in June when compared with the previous year, according to the S&P CoreLogic Case-Shiller index. Though this is a decrease from the 5.9% pace recorded the previous month , this rate is still very high. Current home price data shows that affordability remains one of the biggest challenges for buyers today, particularly when coupled with persistently high inter

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Investor New Construction Construction Residential 438

Inman

SEPTEMBER 25, 2024

While many homeowners rushed to refinance, affordability is keeping a damper on sales. Now mortgage rates are climbing again, with investors having already priced in last week's Fed rate cut.

Mortgages 179

Mortgages Investor Sales Marketing 179

Housing Wire

SEPTEMBER 25, 2024

The Alabama Association of Realtors is calling out for change in national membership models. (Image created by AI in Midjourney.) The Alabama Association of Realtors (AAR) turned heads last week when it sent a letter to the National Association of Realtors (NAR) and asked for greater flexibility in allowing members to decide which levels of Realtor associations they would like to join.

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Agents Industrial As-is Brokerage 437

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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.

Brokerage

Inman

SEPTEMBER 25, 2024

If you have listings left over from the slow spring and summer selling season, today's lower interest rates may offer a boost. Carl Medford shares strategies to help get those homes sold as autumn arrives.

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Brokerage Agents Marketing 178

Housing Wire

SEPTEMBER 25, 2024

The Real Brokerage has scored a 13-for-1 deal. With the affiliation of the RealD2D Team, Real is adding 40 agents to its footprint in 13 different states, providing the company with the relatively rare opportunity to expand in more than one metropolitan area. RealD2D is led by agent and coach Duane Richins, who brought a unique background to his real estate career that began in 2016.

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Brokerage Agents Sales 397

Inman

SEPTEMBER 25, 2024

The Colorado Division of Real Estate announced the move Monday, days after the beleaguered brokerage suffered a legal blow in California over 40-year contracts described as "predatory.

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Brokerage Industrial 172

Housing Wire

SEPTEMBER 25, 2024

For years, the U.S. housing market boomed. Economic growth, cash flowing through the economy, and cheap mortgages all drove massive homebuyer demand for more than a decade. People have told me, “ Home prices have raced higher, it’s unsustainable, homes are unaffordable; therefore, home prices must fall. Things have to get back in line. Don’t they?” Prices went up a ton, they’ve got to correct back down, right?

Sales 435

Sales Investor Marketing Mortgages 435

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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 25, 2024

Small real estate investors have a role to play in improving affordability and inventory, trainer Bernice Ross writes, and can be a key part of growing your real estate business.

Investor 173

Investor House Flipping Agents Marketing 173

Housing Wire

SEPTEMBER 25, 2024

The first day of this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego wound down with an announcement that marks the end of an era. The association honored two of its most prominent past and present members with distinguished service awards. These were given to Peter Bell, NRMLA’s current CEO and former president, and Scott Norman, its former co-chair and current CEO of the Texas Mortgage Bankers Association (TMBA).

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Equity Industrial Mortgages Development 409

Inman

SEPTEMBER 25, 2024

In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales.

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Marketing Days on market Sales Mortgages 179

Housing Wire

SEPTEMBER 25, 2024

Negative depictions of Americans ages 50 and older have lessened over a five-year period, with negative sentiment in online media and marketing images dropping from 28% in 2018 to 10% in 2023, according to research published this week by senior advocacy organization AARP. “The 50-plus population is pictured as more active and independent, less fearful, and more likely to use technology, reflecting a growing recognition of older adults’ active lifestyles and valuable engagement in society,”

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Technology Branding As-is Industrial 398

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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 25, 2024

More than 100 homes have already been razed to make room for shipping warehouses. But a judge last week ruled that the county violated environmental regulations when it approved the project.

Marketing 157

Marketing 157

Housing Wire

SEPTEMBER 25, 2024

The Federal Housing Finance Agency (FHFA) announced on Wednesday it has changed its proposal to amend the Suspended Counterparty Program (SCP), offering a less severe version after several trade groups raised concerns about its impacts on the mortgage market. The SCP, established in June 2012 during the Obama administration, requires that entities report to FHFA if an individual or institution they do business with has committed certain types of misconduct within the prior three years.

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Industrial Finance Mortgages Development 395

Inman

SEPTEMBER 25, 2024

The residence, known as the Newberry or Shaw House, is a local landmark dating back to the 1890s, built during the height of Aspen’s booming mining era, according to the National Register of Historic Places.

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As-is 151

Housing Wire

SEPTEMBER 25, 2024

After blasting off in July , new-home sales returned to earth in August. Sales dropped by 4.7% month over month, according to data published Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development ( HUD ). In August, new-home sales posted a seasonally adjusted annual rate of 716,000. This was down from the rate of 751,000 in July, which was revised upward.

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Sales MLS Lending Mortgages 382

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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 25, 2024

Forget trying to compete with the big national names. Focus on local, community-specific SEO to stand out in online searches, David Marden writes.

Brokerage 165

Brokerage Agents Marketing 165

Brownstoner

SEPTEMBER 25, 2024

The New York City Planning Commission voted Wednesday to approve Mayor Eric Adams' "City of Yes" zoning overhaul aimed at boosting housing supply across the Big Apple — but the controversial plan must still pass the City Council, where it likely will face strong political opposition. The scheme, known as the… Read More > The post NYC Planning panel greenlights ‘City of Yes’ housing plan — but it still faces tough road in City Council appeared first on Brownstoner.

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Inman

SEPTEMBER 25, 2024

Christa Huffstickler, the EZ Referral Network at Keller Williams Citywide and PorchLight Realty Group have topped the Alliance's LGBTQ+ Real Estate Top Producers list for sales volume and transaction sides completed in 2023.

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Sales Agents 148

Bigger Pockets

SEPTEMBER 25, 2024

Last year, Jussi Askola explained why he believes REITs are better investment vehicles than rental properties. This year, he explains why nothing has changed.

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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

SEPTEMBER 25, 2024

New-home sales rose 9.8 percent year over year to a seasonally adjusted annual rate of 716,000 in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall.

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Sales Marketing Development Mortgages 145

RIS Media

SEPTEMBER 25, 2024

As NextHome celebrates 10 years in franchising, the company is accelerating its commitment to leading the way forward through the latest industry changes, without losing sight of the humans who buy and sell houses. At the core of the company is the Humans Over Houses® movement. This idea emphasizes that real estate should revolve around… The post Leading the Way in Real Estate Innovation and Empowerment appeared first on RISMedia.

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Industrial As-is Development Agents 116

Inman

SEPTEMBER 25, 2024

From legal challenges to callouts in the media, it seems that everyone is talking about Clear Cooperation and whether it's time to put the controversial policy on ice.

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Agents 149

HomeLight

SEPTEMBER 25, 2024

Accepting an offer on a home you’re selling is an exciting milestone. It may feel like the job is done, and it’s time to celebrate. But don’t pop the champagne before you’ve crossed off all the items on this closing checklist. Closing on a home sale can be more work than one might expect. This final phase represents the legal transfer of your property’s title and includes negotiating final terms, tying up loose ends, and executing the financial transaction.

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Closing Title Agents Loans 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.

Agents