Housing Wire
FEBRUARY 5, 2025
Recent natural disasters such as the LA wildfires show that climate change risks can shift the real estate and mortgage industries on a dime. And these changes could be extremely costly. According to a new study, climate-induced shifts could significantly lower property values over time. But this could have a double-edged effect, depending on the market.
Real Estate News
FEBRUARY 5, 2025
Two recent studies found that real estate agent commission rates fell after industry practice changes took effect, but they have largely recovered.
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Housing Wire
FEBRUARY 5, 2025
Today, the Census Bureau reported the homeownership rate at 65.7%. Are we becoming a renter nation like many people are saying? Lets look at the data. Household formation Let’s first talk about household formation. I have a simple model (even more appropriate before Valentines Day). My American housing demographic model shows that Americans: Rent Date Mate Get married 3.5 years after marriage, we have kids and dual-income households buy bigger homes to live in.
Keeping Current Matters
FEBRUARY 5, 2025
If you want to sell your house, having the right strategies and expectations is key.
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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.
Housing Wire
FEBRUARY 5, 2025
Mortgage applications increased 2.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Association s (MBA) weekly mortgage applications survey for the week ending January 31, 2025. On an unadjusted basis, the index measuring applications increased 19% compared with the previous week. The refinance index increased 12% from the previous week and was 17% higher compared to the same week one year ago.
Real Estate News
FEBRUARY 5, 2025
The brokerage denied using a reverse auction strategy to reach its $34 million settlement, arguing that the amount is comparable to what other firms paid.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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Inman
FEBRUARY 5, 2025
"Better Forever" incentive is not offered on HELOCs, nor to borrowers who apply through third-party platforms like LendingTree, CreditKarma, Bankrate or Nerdwallet.
Housing Wire
FEBRUARY 5, 2025
For the first time, the Austin Board of Realtors (ABoR) is opening up access to its Unlock MLS platform to non-Realtors. Starting June 1, real estate agents who are not certified Realtors will be able to subscribe to Unlock MLS without joining the 20,000-member ABoR. Non-Realtor members will pay the same MLS access fee as Realtors of $47.97 a month, or $575.64 a year.
Inman
FEBRUARY 5, 2025
The Real Brokerage has added 57 agents in Edmonton, Alberta, by bringing on board YEGPro Realty, one of the province's most productive.
Housing Wire
FEBRUARY 5, 2025
The formula for success in real estate couldnt be more straightforward. Do simple things every day and do them 10% better than the average agent. Fancy fails. Simple scales. Why only 10% better and not 60% better? Let’s not sugarcoat reality. Seventy percent of Realtors in your market are terrible at their jobs. They get shiny object syndrome and burn time, money and precious energy chasing glamorous marketing strategies that dont increase their income.
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.
Inman
FEBRUARY 5, 2025
With careful planning and strategic execution, you can achieve your financial objectives and lead your real estate team to long-term success, Verl Workman writes.
Housing Wire
FEBRUARY 5, 2025
Digital mortgage lender Better on Wednesday announced the launch of a loyalty program dubbed “Better Forever.” The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019, are automatically enrolled in the program.
Inman
FEBRUARY 5, 2025
Requests to refinance were up 12 percent week over week and 17 percent from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in six weeks.
RIS Media
FEBRUARY 5, 2025
Artificial Intelligence (AI) may seem like a complex, futuristic concept to some real estate professionals, but it is rapidly becoming a transformative tool in the industry. Just as technology revolutionized marketing through email and social media, AI is now reshaping how agents generate leads, create content and streamline their daily tasks. By embracing these advancements,… The post WATCH: Harnessing AI to Boost Productivity and Lead Generation in Real Estate appeared first on RISMedia.
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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.
Bigger Pockets
FEBRUARY 5, 2025
Another housing crisis could be imminent. According to a new study from Deeds.
Estate Agent Today
FEBRUARY 5, 2025
Conveyancers and the wider property industry have been praised for how they responded to the Barclays outage last week.
Eye on Housing
FEBRUARY 5, 2025
The homeownership rate for those under the age of 35 dropped to 36.3% in the last quarter of 2024, reaching the lowest level since the third quarter of 2019, according to the Censuss Housing Vacancy Survey (HVS). Amidst elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low. The youngest.
RIS Media
FEBRUARY 5, 2025
While mortgage rates are still hovering just under 7%, the average fixed rate hit a six-week low this past week, leading the path to a bump in mortgage applications as February gets underway. In the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Associations (MBA), mortgage applications increased 2.2% from the previous weeks 2.0%… The post Mortgage Applications Increase This Week Following 6-Week Low in Rates 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.
Estate Agent Today
FEBRUARY 5, 2025
Agents are being invited to a series of market-focused roadshows run by Zoopla at iconic cricket grounds across the country.
RIS Media
FEBRUARY 5, 2025
An ongoing shakeup at Douglas Elliman may have swept up another long-time company executive. Stephen Kotler, who serves as CEO of Elliman’s western region, is facing a possible ouster, according to Bloomberg News. Citing unnamed sources, the outlet said Kotler could remain with Elliman in some capacity. Representatives for Douglas Elliman did not immediately respond… The post Another Elliman CEO Could Leave Company as Shakeup Continues appeared first on RISMedia.
Estate Agent Today
FEBRUARY 5, 2025
Gwyn Gittins has returned to Spicerhaart to play a role in its upcoming expansion.
Bigger Pockets
FEBRUARY 5, 2025
Whats the point of earning a high incomeor running a successful businessif your hard work doesnt lead to freedom? For many of us, financial independence feels like an uphill climb.
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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.
HomeLight
FEBRUARY 5, 2025
As a homeowner in Gainesville, Georgia, you may find yourself in a situation where you need to sell your house faster than anticipated. Whether due to a job transfer, unexpected financial circumstances, or simply the desire for a lifestyle change, navigating the local real estate market for a quick and efficient sale can often seem like an impossible task.
Inman
FEBRUARY 5, 2025
With listings scarce and refinancings sluggish, the strategy of partnering with homebuilders to form joint ventures like Onx X+ Mortgage is to grow loanDepot's purchase loan business.
RIS Media
FEBRUARY 5, 2025
Above, Alicia Cervera Lamadrid Alicia Cervera Lamadrid Managing Partner Cervera Real Estate, a member of Leading Real Estate Companies of the World Miami, Florida [link] Region served: Southeastern Florida Years in real estate: 45 Number of offices: 10 Number of agents: 350 Favorite part of your job: Working with the people, both agents and clients.… The post Broker Spotlight: LeadingRE Affiliate Managing Partner Alicia Cervera Lamadrid appeared first on RISMedia.
Inman
FEBRUARY 5, 2025
Kotler has been with Douglas Elliman for more than 30 years, and will now return to work in sales alongside his brother and son on the Kotler Team in New York City following a tumultuous period for western operations.
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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.
Brownstoner
FEBRUARY 5, 2025
In the News Brooklyn Celebrates Black History Month With Events [BP] New Restaurant Nerina Brings Greek Hospitality to Greenpoint [amNY] Residents Rally Against High-Rises in Park Slope [BK Reader] NYC Could See L.A.-Level Housing Loss in Floods: Report [The City] Nobodys in the Streets Now in Brooklyns Little Haiti [The City] Brooklyn Diocese Priests Allegedly Abused… Read More > The post Daily Links: Business Drops in Little Haiti as Even Legal Immigrants Fear Raids appeared first on
Inman
FEBRUARY 5, 2025
Luxury real estate powerhouse Holly Parker is making a big move after 25 years with Douglas Elliman, she's taking her team to Compass in New York, the brokerage announced Wednesday.
RIS Media
FEBRUARY 5, 2025
The National Association of REALTORS has announced the evolution of its Innovation, Opportunity & Investment (iOi) initiative, shifting from an annual summit into a continuous engagement platform designed to empower real estate professionals with tools, insights and networking opportunities. Instead of a once-a-year event, iOi is now a year-round collective for real estate technology and… The post NARs iOi Evolves Into a Year-Round Collective for Real Estate Innovation appeared first o
Eye on Housing
FEBRUARY 5, 2025
The Market Composite Index, a measure of mortgage loan application volume from the Mortgage Bankers Association’s (MBA) weekly survey, increased by 3.1% month-over-month on a seasonally adjusted (SA) basis, primarily driven by purchasing activity. Compared to January last year, the index is higher by 3.4%. The Market Composite Index which includes the Purchase and Refinance.
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