Housing Wire

NOVEMBER 21, 2024

Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast , which predicted 2.33% home-price growth for 2024. However, that didn’t happen. The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of tim

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Keeping Current Matters

NOVEMBER 21, 2024

With rising home prices and volatile mortgage rates, it’s important you know about every resource that could help make buying a home possible.

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Housing Wire

NOVEMBER 21, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. When it comes to selling real estate, communication and timing can make or break your success.

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Real Estate News

NOVEMBER 21, 2024

The turnaround for existing sales came at a time when mortgage rates were closer to 6%. With rates on the rise, economists are dialing back sales forecasts.

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Housing Wire

NOVEMBER 21, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. First impressions matter, especially when it comes to your listing’s exterior. Curb appeal sets the tone for potential buyers before they even step inside, shaping how welcoming and well-maintained a property feels.

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Housing Wire

NOVEMBER 21, 2024

After tumbling over the past few months, existing-home sales are giving real estate and mortgage professionals a reason to smile. The seasonally adjusted annual rate of existing-home sales rose 3.4% month over month in October to 3.96 million, according to data released Thursday by the National Association of Realtors (NAR). This also was a 2.9% year-over-year improvement, marking the first annualized increase since July 2021.

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Brownstoner

NOVEMBER 21, 2024

An affordable housing lottery has launched for an under-construction nine-story, 214-unit building on Gowanus' 3rd Avenue, the latest lottery to go live for a development that benefits from the area’s rezoning. Taking up the whole block along 3rd Avenue between Union and Sackett, the Union Channel Apartments features a rooftop… Read More > The post Affordable Housing Lottery Opens in Gowanus With Units From $848 appeared first on Brownstoner.

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Construction Development 122

Housing Wire

NOVEMBER 21, 2024

Tim Nelson, a longtime reverse mortgage industry professional and reverse department manager at VIP Mortgage in Scottsdale, Arizona , spent 20 years in the home lending arena before shifting his focus entirely to reverse. With that focus came attention and appreciation for the reverse mortgage product, which led him to see an opportunity for him and his family.

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Real Estate News

NOVEMBER 21, 2024

HUD leader explains the benefits of housing counseling and the “critical role” of agents, says the agency has no “official position” on the NAR settlement.

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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 21, 2024

In the newest episode of the “Real Estate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Robert Morris, a real estate broker, trainer and veteran agent at Keller Williams Capital Properties. Held live from the National Association of Realtors ‘ (NAR) NXT Conference in Boston, the conversation covers broker leadership tips, the value of designations and certifications, and educational resources for real estate agents.

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Fancy Pants Homes

NOVEMBER 21, 2024

Behind the gates of Bella Montagna, a landmark Austin community known for its estate-sized lots and elegant homes with manicured lawns, a palatial new build is up for grabs — and it’s far from your ordinary mansion. The majestic 6-bedroom home was newly completed in 2024, but its chateau-style design harks back to stately European castles.

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Housing Wire

NOVEMBER 21, 2024

Industries like retail, banking, transportation and food service have undergone massive digital transformation in recent years by leveraging new technologies to enhance consumer experience. As a result, today’s consumers now expect the same seamless digital experiences in all areas of their lives, including rental management. Gen Z renters in particular expect digital-first experiences, and have emerged as a powerful consumer base within the rental market.

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Eye on Housing

NOVEMBER 21, 2024

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates relatively flat conditions for custom home builders after a period slight softening of market share due to declining mortgage interest rates. However, post-election stock market gains should support custom building at the end of 2024 and going into 2025.

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Housing Wire

NOVEMBER 21, 2024

After two of its claims against CoStar Group were dismissed in late October, the parent company of Realtor.com is back at it. On Tuesday, Move Inc. filed a second amended complaint in its ongoing battle with the Homes.com parent company. Like the first amended complaint, the second one contains six claims against CoStar. In the latest filing, Move seeks to address the holes in the two claims that were dismissed by Judge George H.

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Eye on Housing

NOVEMBER 21, 2024

Existing home sales in October rebounded from a 14-year low and posted the first annual increase in more than three years, as buyers took advantage when mortgage rates briefly reached a 2-year low in late September, according to the National Association of Realtors (NAR). While elevated home prices persist due to the lock-in effect, we.

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Housing Wire

NOVEMBER 21, 2024

Keller Williams wants to give its team leaders a boost. The real estate franchise has hired Shanan Steere to be its director of growth operations. In the role, Steere will be charged with “reimagining core market center leadership training,” with the hope of recruiting future leaders to the company. “As we continue to invest deeply into providing our KW-affiliated brokerages support for the development of their team leaders and operating principals, we are excited to welcome Shanan, who will spe

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Brownstoner

NOVEMBER 21, 2024

In a two-family brick house, this Bay Ridge rental offers wood floors, three bedrooms, a spacious kitchen, and in-unit laundry. The duplex unit is on the first and basement levels of 89 73rd Street, part of a row of charming Tudor Revival-style houses. Plans for the stretch were filed in 1930… Read More > The post No-Fee Bay Ridge Duplex With Three Bedrooms, in-Unit Laundry Asks $4,300 appeared first on Brownstoner.

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Marketing 105

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Agents

Housing Wire

NOVEMBER 21, 2024

UBS analyst Douglas Harter recently made waves after he took a closer look at the stock of reverse mortgage industry leader Finance of America (FOA). Harter downgraded the company’s stock rating on from “buy” to “neutral” even after it reported strong earnings results in the third quarter of 2024. In a note published this week that was reviewed by HousingWire ’s Reverse Mortgage Daily (RMD) — and previously reported by the The Wall Street Journal and Seeking Alpha — Harter offered his reasoning

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RIS Media

NOVEMBER 21, 2024

Above, Martha Mosier, fifth from left, at a dinner honoring top BHHS California Properties agents at Sales Convention in 2024 Vitals: Berkshire Hathaway HomeServices California Properties Years in business: 39 Size: 46 offices, approximately 2,800 agents Regions Served: Primarily coastal Southern California, including Coronado, La Jolla, Rancho Bernardo, Rancho Santa Fe, Montecito, Newport Beach, Beverly… The post Power Broker Insights: Leading With Heart appeared first on RISMedia.

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Housing Wire

NOVEMBER 21, 2024

Home insurance premiums continue to rise, but the severity of the increases have cooled in recent months, which suggests that a semblance of stability is returning to the market. But this doesn’t negate the reality of other turbulent risk factors — including extreme weather events stemming from climate change or potential regulatory challenges. This comes from an analysis conducted by Matic that was sourced through data from more than 36 million requests for quotes, according to the company.

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Inman

NOVEMBER 21, 2024

Annual existing-home sales increased for the first time in more than three years in October, according to the National Association of Realtors. "The worst of the downturn in home sales could be over.

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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

Housing Wire

NOVEMBER 21, 2024

The Hooper (formerly Phillips ) copycat commission lawsuit is down a few defendants. In a ruling on Thursday, Judge Mark H. Cohen of the U.S. District Court in Atlanta granted the plaintiffs’ consent motion to drop certain defendants from the suit with prejudice. The defendants now free from the suit are Christie’s International Real Estate, Engel & Völkers Americas, Engel & Völkers Atlanta, Redfin , HomeSmart Holdings, Solid Source Realty, Palmerhouse Properties and Ansley Atlanta Real

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Inman

NOVEMBER 21, 2024

Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year.

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Redfin

NOVEMBER 21, 2024

You might be weighing the option of settling down in an apartment in Seattle or relocating to a new house in Denver , as both cities boast thriving job markets, outdoor adventures, and a laid-back lifestyle. Seattle offers a tech-driven economy and iconic views of Mount Rainier, while Denver attracts nature lovers with its proximity to the Rockies and a more affordable cost of living.

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Inman

NOVEMBER 21, 2024

Over 491,000 homesellers have filed claims for a portion of the $700 million raised by real estate settlements in Sitzer, with more to come before May 2025 deadline.

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