Housing Wire

DECEMBER 18, 2024

They say housing leads the economy in and out of a recession. Currently, housing starts are back at the levels seen during the COVID-19 recession in 2020. Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. Several factors have been keeping labor steady, such as working through a backlog of orders and long turnaround times to complete projects.

Construction 511

Construction Residential Sales Mortgages 511

Inman

DECEMBER 18, 2024

The Los Angeles mansion where late actress Brittany Murphy and her husband Simon Monjack died has long been the source of fascination and speculation. Now, the property is back on the market for $18 million, according to a Realtor.com report.

Marketing 158

Marketing Renovation 158

Housing Wire

DECEMBER 18, 2024

The fallout from Fed day got out of hand very quickly. The market reacted badly to the FOMC statement and remarks by Federal Reserve Chairman Powell during the Q&A presser, sending the 10-year yield and mortgage rates higher. Also, the Dow was down over 1,000 points today. So what gives? Market players were already talking about how the Fed would dial back rate cuts in 2025, but Powell didnt sound sure of himself in that press event and left an opening to create tighter financial conditions.

Mortgages 448

Mortgages Marketing As-is 448

The Close

DECEMBER 18, 2024

Have you noticed how real estate investing always gets more challenging with new laws, rules, and regulations? So, education is crucial for your success before you drop money down on properties. Have no fear; online courses allow you to conveniently access valuable resources and information to help you achieve your investing goals. Ive poured over a ridiculous amount of courses to bring you the best real estate investing classes online that are cost-effective and flexible enough to fit your busy

Commercial 98

Commercial Property Management Investor Development 98

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

DECEMBER 18, 2024

Mortgage applications declined 0.7% on a seasonally adjusted basis during the week ending Dec. 13, driven by slight decline in refinance activity, according to data released Wednesday by the Mortgage Bankers Association (MBA). The decline in applications broke a five-week streak of increases in mortgage demand. Rising mortgage rates last week were a likely factor that deterred potential borrowers from refinancing.

VA loan 395

VA loan Mortgages FHA loan Loans 395

Housing Wire

DECEMBER 18, 2024

After pushing back against an antitrust lawsuit filed against it in Michigan , the National Association of Realtors (NAR) has shifted its focus to a similar suit filed against the trade group in Pennsylvania. On Monday, NAR joined with fellow defendants Pennsylvania Association of Realtors , Greater Lehigh Valley Realtors , Allyson Lysaght and Justin Porembo to file a motion to dismiss the Muhammad suit due to a failure to state a claim.

397

397

Real Estate News

DECEMBER 18, 2024

The platform will connect advertisers with RE/MAX consumers at key moments, providing a new revenue stream as the brand works to improve its bottom line.

Branding 278

Branding 278

Housing Wire

DECEMBER 18, 2024

Dallas -based brokerage United Real Estate is expanding its footprint in the Midwest with a new merger. This week, Kansas City -based United affiliate partner Platinum Realty will merge its operations with SunWest Real Estate Advisors. The financial terms of the merger were not disclosed. Platinum brings a 2,500-agent team with a presence in markets across Kansas, Oklahoma, Iowa and Missouri.

Brokerage 397

Brokerage Principal Branding Agents 397

Real Estate News

DECEMBER 18, 2024

Look for just two cuts next year half the number previously forecast as the Federal Reserve predicts inflation will remain high.

274

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

DECEMBER 18, 2024

On Wednesdy Citi launched mortgage.com, a new platform that creates a brand-endorsed, consumer-focused channel to leverage Citi’s brand authority and encourage mortgage or refinance applications for the bank. The company has an aggressive marketing goal to reach the No. 1 spot in organic home-buying search within six months, which is why Citi used its partnership with Razorfish , a Publicis Group company, to amplify its search engine optimization efforts, scalability and reachability.

Marketing 418

Marketing Lending Branding Banks 418

Real Estate News

DECEMBER 18, 2024

Outdated rules have allowed solicitors to bombard borrowers with unwanted calls or texts. While lenders arent to blame, consumers may hold them responsible.

Industrial 272

Industrial Mortgages 272

Housing Wire

DECEMBER 18, 2024

CreditXpert , a leading mortgage technology company, announced on Wednesday the launch date for its new credit optimization platform. The company will replace its What-if Simulator and Wayfinder tools with the new platform on Dec. 31. CreditXpert seeks to take a different approach when addressing homebuyer credit profiles. Instead of focusing on credit repair, the company takes it a step further with credit optimization, which benefits more applicants on a shorter timeline with improved predicta

Loan Officer 397

Loan Officer Loans Mortgages Technology 397

Keeping Current Matters

DECEMBER 18, 2024

Waiting for perfect market conditions often means missing out.

Marketing 260

Marketing 260

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

DECEMBER 18, 2024

In a widely anticipated move, the Federal Reserve on Wednesday lowered its benchmark interest rate by 25 basis points (bps), bringing the target range to 4.25% to 4.5%. This marks the third consecutive reduction by the Fed following a 50-bps cut in September and a 25-bps cut in November , cumulatively reducing rates by 100 bps this year. Going forward, however, a slower path for rate cuts is expected when compared to previous forecasts from Fed policymakers. “Recent indicators suggest that

Commercial 397

Commercial Mortgages Banks Closing 397

Real Estate News

DECEMBER 18, 2024

The Real Estate Board of New York told a federal court that rules limiting how agents are paid will make it harder for renters to find apartments.

Agents 260

Agents 260

Housing Wire

DECEMBER 18, 2024

The Senate on Tuesday approved the trigger leads bill, which limits the use of abusive digital marketing tools to reach potential borrowers. Mortgage trade groups commended the passage of the bipartisan legislation known as the Homebuyers Privacy Protection Act (S. 3502). The bill has been sent to the House of Representatives , which has two days to approve the legislation before its winter recess.

Banks 397

Banks Mortgages Loans As-is 397

Brownstoner

DECEMBER 18, 2024

In the News Real Estate Leaders Sue to Stop NYCs Overhaul of Broker Fees [NYT] Gravesend Landlord Conned Migrants in Rental Scam: Prosecutors [Eagle] Governor Hochul Vetoes LICH Act Hospital Closure Bill [Eagle] Iron Chef to Debut Hand Roll Concept at Brooklyn Market [BP] Luxury Gowanus Apartments to Open in 2025 [BP] Bushwick Artist Hosts Toy… Read More > The post Daily Links: Real Estate Lobby Group Files Lawsuit to Stop NYC Broker Fee Bill appeared first on Brownstoner.

Marketing 105

Marketing 105

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

Housing Wire

DECEMBER 18, 2024

A new real estate platform launching this month is offering homebuyers a glimpse into neighborhoods beyond the standard Zillow listing. Oyssey , a tech startup founded in 2022, is leveraging social data including age, education and income demographics as a means of understanding homebuyers beyond their standard housing preferences. The platform is soft launching this month in New York and Florida for real estate agents, teams, brokerages and MLSs to peek into potential neighborhoods and explor

Brokerage 397

Brokerage Commercial Agents Industrial 397

Brownstoner

DECEMBER 18, 2024

The longtime home of Williamsburgs iconic Crest Hardware store and nearby associated properties have sold for $22 million, and a new apartment building will take the former hardware store's place. Brokerage firm TerraCRG announced the sale in late November and the buyer, Green Street, was made public in city records… Read More > The post Burgs Crest Hardware to Be Replaced by Apartment Tower Following Sale appeared first on Brownstoner.

Sales 105

Sales Brokerage 105

Housing Wire

DECEMBER 18, 2024

Want to learn how to get a real estate license in New York? In this article, well cover the five simple steps you’ll need to follow and recommend the best courses to complete the 77-hour course that New York State requires. Discover the steps, tips, and essential information youll need to get your real estate license in New York, including how to qualify and apply for the licensing exam and how much time and money you can expect to invest to launch your new career in the Empire State.

Brokerage 397

Brokerage Agents As-is Commercial 397

Brownstoner

DECEMBER 18, 2024

Mixing quirky charm with recent updates, a co-op in a 1920s building overlooking the Brooklyn Promenade seems to offer a decent amount of space for the price. The two-bedroom is located on the first floor a 12-story, 21-unit apartment house at of 2 Montague Terrace in the Brooklyn Heights historic… Read More > The post Brooklyn Heights Prewar With Blue Penny Tile Near Promenade Asks $1.35 Million appeared first on Brownstoner.

Marketing 105

Marketing 105

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

Housing Wire

DECEMBER 18, 2024

Intercontinental Exchange Inc. will spend at least $173 million to locate the headquarters of its mortgage technology division in Jacksonville, Florida. The company and Jacksonville economic development officials announced the expansion on Tuesday. It was confirmed by the City of Jacksonville on LinkedIn the same day. The post explained that ICE is “starting off with 1,500 jobs and will grow by another 500 jobs from multiple divisions over the next seven years along with a capital investm

Technology 397

Technology Mortgages Development Industrial 397

RIS Media

DECEMBER 18, 2024

Above, Darryl Davis When it comes to growing your real estate business, its not just about who you knowits about what you say. And thats where your Call to Action (CTA) takes center stage. Done right, your CTA isnt just a line of textits your digital handshake, the moment that makes people click, call, or… The post 10 Call-to-Action Tactics Every Real Estate Pro Needs to Nail appeared first on RISMedia.

Staging 109

Staging Branding Development Industrial 109

Housing Wire

DECEMBER 18, 2024

Great leadership isnt about being the smartest person in the room or having all the answers its about creating an environment where people feel valued, inspired, and empowered to do their best work. Gratitude is one of the most powerful tools a leader can use to build that environment. It costs nothing but has the potential to transform your team, your culture, and your results.

Loan Officer 397

Loan Officer Loans As-is Development 397

Inman

DECEMBER 18, 2024

Bond market investors are focused on the latest "dot plot," indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025.

Mortgages 167

Mortgages Investor Marketing 167

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