Housing Wire
NOVEMBER 15, 2024
Jerome Powell , the chair of the Federal Reserve , said on Thursday that the U.S. economy is “not sending any signals that we need to be in a hurry to lower rates.” The statement was enough to raise mortgage rates to an even higher level, a sharp departure from the optimism lenders experienced during the September rally, which now seems like a distant memory.
Real Estate News
NOVEMBER 15, 2024
Broker and real estate influencer Anthony Lamacchia told agents at NAR NXT that it’s “ridiculous” what the DOJ has been “doing to our industry” in recent years.
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Housing Wire
NOVEMBER 15, 2024
The housing bubble crash theory has failed once again as we approach the end of 2024, but it’s always important to know why something didn’t happen. This week, we got the updated New York Fed credit data report and it shows the strong position of homeowners — especially in comparison to the years before the Great Financial Crisis. This is the kind of information you need as we get close to Thanksgiving and share the dinner table with Uncle Dave who says (for the 13th year) that we’re seein
Keeping Current Matters
NOVEMBER 15, 2024
If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
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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
NOVEMBER 15, 2024
Homebuyers who are part of Generation X — primarily born between the mid 1960s and the early 1980s — should keep accessibility features in mind as they approach retirement, since Americans are increasingly looking to age in place in their own homes once their time in the workforce is complete. This is according to a recent article at the Boston Globe that took a closer look at the kinds of homes that those currently in their mid-to-late 50s may want to prioritize as they look to the future.
Real Estate News
NOVEMBER 15, 2024
Fathom Holdings names its first chief revenue officer, promotes Realty COO to president; Inside Real Estate adds C-suite leaders.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
NOVEMBER 15, 2024
It’s not about avoiding challenges, Ojo's Chris Heller writes. It’s about embracing them as opportunities to grow, improve and lead.
Housing Wire
NOVEMBER 15, 2024
While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. That’s right, there are Black Friday home sales! The Ohio-based builder is offering discounts of up to $20,000 on select homes in Greater Houston , along with no-cost 2/1 rate buydowns , and slashing prices by as much as $93,850 in other markets like Chicago.
Inman
NOVEMBER 15, 2024
Realtor.com selected Rental Beast to power an online rental application, lease processing and applicant experience initiative, making a strong statement about the impact of renters on the current market.
Housing Wire
NOVEMBER 15, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. You’re probably aware that each state has its own real estate license requirements, unique laws and regulations around real estate licensure. So, should you want or need to move to another state, does this doom you to a life of re-taking exams?
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
NOVEMBER 15, 2024
While a systems reset might seem like a big undertaking, coach Darryl Davis writes, it’s also one of the most empowering moves you can make.
Housing Wire
NOVEMBER 15, 2024
Rocket Companies ’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and an expanding servicing portfolio. When mortgage rates dropped into the low 6% range in early September, most lenders struggled to truly capitalize on the two-week window.
Inman
NOVEMBER 15, 2024
As NAR's members and leaders met up, the industry's biggest question marks took center stage amid a mix of opinions and perspectives.
Housing Wire
NOVEMBER 15, 2024
The leadership changes at Zillow are continuing. On Thursday the firm announced that Zillow Group President Susan Daimler is stepping down. Daimler joined Zillow through its acquisition of Buyfolio in 2012. Since joining Zillow Group she has served as senior vice president and general manager of StreetEasy , and senior vice president over the Premier Agent program.
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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.
RIS Media
NOVEMBER 15, 2024
Despite pushback from brokers, the city council of New York City approved a significant change to how real estate brokers and agents are paid for rentals in the city’s unique real estate market, shifting the cost to landlords, which aligns with how nearly every other metro conducts transactions. With overwhelming support from the council but… The post NYC City Council Passes Bill Forcing Landlords to Pay Own Broker Fees appeared first on RISMedia.
Housing Wire
NOVEMBER 15, 2024
Should the goal of marketing technology be to make it so that a loan officer never needs to log in? Or, should LOs be encouraged to engage with marketing tools as much as possible in order to help them build their own brand and connections? I started in the mortgage industry in 2015, working for large banks that were heavily invested in using technology to simplify the loan process for everyone involved.
Inman
NOVEMBER 15, 2024
The 52-story hotel at 57 East 57th Street had been shuttered during the pandemic, with the property temporarily repurposed to house first responders, only to later have its staff furloughed. However, the reason for its extended closure remains undisclosed, though reports suggest ongoing disputes between Warner and the Four Seasons Hotels and Resorts Management company, which manages the properties.
Housing Wire
NOVEMBER 15, 2024
The reverse mortgage portion of the Federal Housing Administration ’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio for the fourth year in a row on the overall government-backed portfolio. This is according to the FHA’s Annual Report to Congress , released Friday morning. In 2023, the HECM capital reserve declined slightly due to weaker levels of home price appreciation.
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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
NOVEMBER 15, 2024
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.
Housing Wire
NOVEMBER 15, 2024
Chrissi Callaghan Rhea, co-founder of Mortgage Investors Group and member of the Mortgage Bankers Association (MBA) board of directors, died on Nov. 8, at the age of 73. “Chrissi was a pioneer in the industry, co-founding MIG in the late 1980s and leading the company until just a few months ago,” MBA president and CEO Bob Broeksmit said in a statement.
Inman
NOVEMBER 15, 2024
As "Yellowstone" sunsets this year, Inman took a look at some of the factors that have contributed to the "luxurification" of Western resort towns and asked agents about finding market balance for the haves and have-nots.
RIS Media
NOVEMBER 15, 2024
Weichert Real Estate Affiliates, Inc. has announced the company recently recognized the longest-tenured companies in its national franchise system by presenting them the Icon and Legacy Awards at last month’s national Leadership Retreat held on Hilton Head Island in South Carolina. According to the release, five affiliates were honored with the Icon Award, which recognizes… The post Weichert Honors Longest-Tenured Franchisees appeared first on RISMedia.
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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.
Bigger Pockets
NOVEMBER 15, 2024
If you’re diving into the world of real estate investing or flipping, you know it’s not just about buying low and selling high.
RIS Media
NOVEMBER 15, 2024
Above, Jon Acuff “A crisis will filter out people who are casual and encourage true professionals to rise to the challenge. The excellent are going to rise and build during this moment and come out of this even stronger.” If there was ever a more accurate word to describe what the real estate industry has… The post Best-Selling Author Offers Masterclass in Leadership in New Buffini Certification Program appeared first on RISMedia.
Bigger Pockets
NOVEMBER 15, 2024
There’s a new word to describe the U.S. real estate market: stuck. Real estate transactions haven’t picked up as expected, even after conscious cuts to interest rates.
RIS Media
NOVEMBER 15, 2024
Susan Daimler, president of Zillow since 2021, is ending her long tenure at the company “effective immediately,” according to a regulatory filing by the company, as the portal behemoth simultaneously elevates Jun Choo, who previously held a senior software development role, to chief operating officer. In a separate release, Zillow also announced that Daimler’s husband,… The post Zillow President Daimler Departs With Husband; Choo Named COO 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.
Bigger Pockets
NOVEMBER 15, 2024
What makes a “good” real estate deal in 2025 and beyond? How much of a return should your investment property be producing?
RIS Media
NOVEMBER 15, 2024
UCO—a subsidiary of Stellar MLS—has entered into a landmark agreement with the National Association of REALTORS® India as an advisor to successfully launch an MLS across India. Founded in 2008, NAR India is a nonprofit organization that facilitates the professional development of its members and promotes the highest standards and accreditation in the national real… The post UCO Signs Agreement with NAR India As Advisor to Develop a National MLS appeared first on RISMedia.
HomeLight
NOVEMBER 15, 2024
Maintaining a beautiful yard takes a lot of work. This is why it’s no surprise that one in four Americans are not confident in their ability to take care of their lawns. As America’s largest irrigated crop , grass is like the sensitive child of the family who needs lots of affirmation and help to grow and thrive. Give it too much sun, too much shade, or even too much water, and all of a sudden you have a problem.
Brownstoner
NOVEMBER 15, 2024
Two new townhouses in differing styles will likely rise on the same never-developed Clinton Hill corner site after the Landmarks Preservation Commission approved their design at an October meeting, with commissioners unanimously backing the plans. The LPC signaled its support for the buildings at 50 Clifton Place and 302 Grand… Read More > The post Landmarks Greenlights Design for Two Houses on Empty Lot in Clinton Hill appeared first on Brownstoner.
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