Housing Wire

NOVEMBER 12, 2024

As 2025 approaches, state-funded down payment assistance (DPA) programs are helping veterans , service members and surviving spouses achieve their dreams of homeownership. This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. The study analyzed DPA programs from more than 1,300 housing finance agencies, municipalities, nonprofits and other organizations.

Mortgages 397

Mortgages Finance Loans Design 397

Keeping Current Matters

NOVEMBER 12, 2024

Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home.

Mortgages 312

Mortgages 312

Housing Wire

NOVEMBER 12, 2024

Home Depot raised its fiscal outlook after strong third-quarter 2024 sales, driven by demand for seasonal goods and hurricane preparation in the Southeast. The world’s largest home improvement retailer and fourth-largest U.S. retailer by market capitalization reported $40.2 billion in sales for the quarter ending Oct. 27. That exceeded analysts’ projections of $39.31 billion.

Marketing 435

Marketing Sales 435

Real Estate News

NOVEMBER 12, 2024

Inexperienced buyers have a lot of questions — about financing, buyer agreements, resources for first-timers and more — and agents need to have the answers.

Finance 284

Finance Agents 284

Advertisement

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.

Development

Housing Wire

NOVEMBER 12, 2024

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. While the reverse industry has faced unique headwinds over the past couple of years, the company is seeking to build on the momentum provided by its HomeSafe Second proprietary product.

Mortgages 370

Mortgages Equity Lending Design 370

Housing Wire

NOVEMBER 12, 2024

Cornerstone Financing , a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura. The funding will go to support the company’s specialty home equity-tapping product known as the Cornerstone Home Equity Insurance/Investment Funding Solutions (CHEIFS).

Equity 369

Equity Finance Mortgages Bankruptcy 369

Real Estate News

NOVEMBER 12, 2024

Hitt had been with the Germany-based luxury franchisor since 2010. Chief Strategy Officer Stuart Siegel will serve as interim CEO.

262

262

Housing Wire

NOVEMBER 12, 2024

For Nykia Wright , CEO of the National Association of Realtors , 2025 is going to be all about turning NAR into a trade association for the future while rebuilding relationships with members. “NAR is really focused on rebuilding the association for today and tomorrow,” Wright told NAR members gathered in Boston Monday for the trade group’s board of directors’ meeting at the conclusion of the NAR NXT conference.

Commercial 370

Commercial Residential Brokerage Industrial 370

RIS Media

NOVEMBER 12, 2024

Century 21 Real Estate LLC has announced it is growing its network along the Pacific Coast with its latest affiliation of Pacific Realty, based in Long Beach, Washington. The boutique firm has served communities along the coast for roughly 50 years, most recently under the leadership of Leslie Brophy. Under Brophy’s leadership, the firm and… The post Century 21 Expands into Washington State’s Pacific County appeared first on RISMedia.

Industrial 107

Industrial Agents 107

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

NOVEMBER 12, 2024

Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market platforms. Bill Decker, MAXEX president and co-founder, highlighted Wallace’s expertise in mortgage technology as a valuable asset for the company. “Dan Wallace is exceptionally well qualifie

Technology 370

Technology Finance Mortgages Lending 370

Brownstoner

NOVEMBER 12, 2024

This week, a look back at four of our featured listings from six months ago focuses on homes in Carroll Gardens, Fort Greene, Sunset Park, and Sea Gate. How did they fare? An Italianate in Carroll Gardens is set up as a two-family with a triplex above a garden rental. The… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

As-is 105

As-is 105

Housing Wire

NOVEMBER 12, 2024

Anthony Hitt is stepping down as the president and CEO of Engel & Völkers Americas. The brokerage firm announced Tuesday that Hitt will be stepping down from his leadership roles at the end of 2024 in order to “focus on personal endeavors.” Hitt began his career at Engel & Völkers Americas in 2010 and has served as the firm’s CEO and president since 2013.

Brokerage 284

Brokerage Branding Development Industrial 284

Fancy Pants Homes

NOVEMBER 12, 2024

A charming 2-bedroom home in San Francisco with a unique historic background is on the market in the quaint and family-friendly Bernal Heights neighborhood. It’s one of the few surviving “earthquake shacks,” which were built to house over 16,000 residents following damage to the city after the devastating San Francisco earthquake of 1906, when over 80% of the city was destroyed.

Renovation 98

Renovation Design Brokerage As-is 98

Advertisement

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

Housing Wire

NOVEMBER 12, 2024

It appears that Howard Hanna Real Estate Services ‘ reprieve from the Moratis commission lawsuit — formerly known as the Spring Way suit — will be short-lived. Last week, the plaintiffs in the suit filed a notice of appeal of a lower court’s decision to dismiss both Howard Hanna and West Penn MLS from the suit with prejudice. The appeal was filed with the Third Circuit Court of Appeals.

MLS 370

MLS As-is Marketing Brokerage 370

The Close

NOVEMBER 12, 2024

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale.

Land 98

Land Investor Finance Development 98

HomeLight

NOVEMBER 12, 2024

Climate change is increasing the frequency and intensity of extreme weather events like hurricanes, wildfires, heat waves, and floods. These events can damage power lines , transformers, and substations, leaving entire areas without power. As homeowners face a growing number of these events, many are asking, Does a generator increase home value? Installing a generator can provide you with peace of mind now and be a valuable selling point in the future.

Industrial 97

Industrial As-is 97

RIS Media

NOVEMBER 12, 2024

Corcoran Group® LLC has announced its first Mexican franchise with the launch of Corcoran The Baja Real Estate Co. Owned and led by Blake Harrington, the brokerage will serve clients throughout the greater Cabo San Lucas area. The announcement, made by Pamela Liebman, president and CEO of The Corcoran Group®, illustrates the company’s ongoing expansion… The post Corcoran Welcomes First Franchise in Mexico appeared first on RISMedia.

Brokerage 110

Brokerage Industrial 110

Advertisement

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

HomeLight

NOVEMBER 12, 2024

It’s a common term in the real estate industry, buyer beware or caveat emptor. But what does it mean to home sellers? Is this a legal safety net that protects you against all liabilities in a home sale? The answer depends on the location and condition of your house. How the principle is applied can impact what you need to disclose to buyers about your property.

Sales 98

Sales Due diligence Inspection As-is 98

RIS Media

NOVEMBER 12, 2024

Corcoran CA Christie Bahamas, a franchisee of Corcoran Group, LLC, has announced the opening of its newest office location on Harbour Island in the Bahamas. Led by Corcoran CA Christie Bahamas Broker/Owner Gavin Christie, the new office will cater to the brokerage’s existing agents who serve the Harbour Island area, and any newly recruited agents,… The post Corcoran Franchisee Expands in the Bahamas appeared first on RISMedia.

Agents 111

Agents Industrial 111

Inman

NOVEMBER 12, 2024

Contracts law professor Tanya Monestier, an objector in the NAR settlement, described Judge Stephen Bough's order compelling objectors to appear in person as a "glaring appellate issue.

MLS 183

MLS Brokerage Agents 183

RIS Media

NOVEMBER 12, 2024

The nation’s largest freshwater island under single ownership in the western U.S. is on the market, listed by Hall and Hall of Missoula, Montana, with marketing support from Land id. The 348-acre Cromwell Island is as rich in natural wonder as it is history, already adorned with a partially constructed primary residence that upon completion… The post Montana’s Cromwell Island Hits Market With Land id Marketing Support appeared first on RISMedia.

Land 98

Land Marketing Construction As-is 98

Advertisement

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

NOVEMBER 12, 2024

NAR's board of directors and Executive Committee voted on a slew of proposals at NXT on Monday. But it was one involving NAR's counterpart to the north that drew the most discussion.

MLS 166

MLS Agents 166

Marco Santarelli

NOVEMBER 12, 2024

Are you thinking about buying a home in 2025, or maybe you're looking to invest in real estate? If so, you're probably aware that the housing market has been going through a period of change. Some experts believe a housing market crash is looming in certain areas of the country. This article aims to help you navigate these uncertain times by providing you with information about the 5 riskiest markets that could potentially face a major drop in home prices in 2025.

Marketing 52

Marketing Pre-approval Mortgages New Construction 52

Inman

NOVEMBER 12, 2024

Sitting an open house for a listing agent is a "golden opportunity" to generate leads and practice your home-showing skills with potential buyers, Realtor Jonathan Pressman writes.

Agents 158

Agents 158

HomeLight

NOVEMBER 12, 2024

If you’re a homeowner in Virginia looking to sell quickly and avoid the usual listing hurdles, a cash home buyer could be a god option. Virginia’s housing market is cooling, with homes taking longer to sell. This could be a good time to consider a cash home buyer, especially if you value speed and convenience. In this guide, we’ll explain how to find and sell to Virginia cash home buyers and walk you through the entire cash sale process, step-by-step.

Proof of funds 59

Proof of funds Sales Due diligence Investor 59

Advertisement

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