Housing Wire

NOVEMBER 11, 2024

Zillow is moving full speed ahead with an ambitious expansion of its mortgage business, leveraging its housing tech innovations to potentially reshape how modern homebuyers finance homes. In its third-quarter earnings report, Zillow Home Loans revealed an impressive data point: mortgage revenue increased 63% year over year in the third quarter to $39 million, which is primarily due to an 80% year-over-year increase in purchase loan origination volume to $812 million.

Mortgages 420

Mortgages Loan Officer Loans Agents 420

Keeping Current Matters

NOVEMBER 11, 2024

For over 79 years, Veterans Affairs (VA) home loans have helped countless Veterans achieve the dream of homeownership.

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VA loan Loans 258

Housing Wire

NOVEMBER 11, 2024

Inventory, new listings, sales, and prices all dipped this week. The autumn seasonal decline is upon us. The election took up a lot of peoples’ lives last week, and that obviously delayed some listing and sales activity, plus we’ve had spiking mortgage rates. It’s actually not uncommon for housing activity to dip for the first week of November and rebound a bit in the following week.

Marketing 383

Marketing Sales Mortgages As-is 383

Real Estate News

NOVEMBER 11, 2024

CEO Nykia Wright said she is also engaging a chief human resources officer, as well as a special advisor to help re-establish broker relationships.

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As-is 238

Speaker: Abdi Ali Sr., Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali Sr., 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 11, 2024

The national housing shortage, the benefits of increased density, an ongoing shift in consumer tastes toward smaller homes closer to where the urban action is, and other factors have pushed state legislators to make it easier to build accessory dwelling units. In 2024 alone, Colorado, Arizona, Massachusetts, and Hawaii passed major ADU legislation, and California added several laws to open the doors wider for ADU s.

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Development Land As-is Design 323

Inman

NOVEMBER 11, 2024

Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor's annual NAR NXT conference during a "Future of the MLS" session Friday.

MLS 183

MLS Brokerage Agents 183

Real Estate News

NOVEMBER 11, 2024

Cloze hires growth-focused exec to focus on partnerships, JobSnap offering agents a way to connect with service providers, Rechat partners with Pacific SIR.

Agents 150

Agents 150

Housing Wire

NOVEMBER 11, 2024

New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs. Better is now offering the well-known Interest Rate Reduction Refinance Loan (IRRRL) through the U.S. Department of Veterans Affairs (VA).

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Closing costs Loans Closing VA loan 226

Inman

NOVEMBER 11, 2024

Potential real estate clients are growing less responsive to mortgage-rate dips, one of several key takeaways from the results of the latest Inman-Dig Insights consumer survey.

Banks 178

Banks Brokerage Mortgages Agents 178

Housing Wire

NOVEMBER 11, 2024

The headlines might suggest that National Association of Realtors (NAR) members are struggling to find common ground on many issues. But any hint of division was nowhere to be seen during Monday morning’s NAR Board of Directors meeting. According to NAR president Kevin Sears , 886 directors attended the meeting at the NAR NXT annual conference in person, with another 100 directors attending virtually.

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As-is 248

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Brokerage

Inman

NOVEMBER 11, 2024

What’s in a brand? In real estate, a brand is essentially how someone feels about you or your product based on their feelings, associations and experiences.

Branding 158

Branding 158

Brownstoner

NOVEMBER 11, 2024

After a series of contentious public hearings on the controversial Arrow Linen rezoning, more than two dozen Park Slope, Windsor Terrace, and surrounding locals waited for hours on Wednesday at a City Planning Commission meeting to have their voices heard. The proposal calls for two mixed-income buildings at a minimum… Read More > The post City Planning Chair Asks About Affordable Housing, Height at Arrow Linen Hearing appeared first on Brownstoner.

Development 124

Development 124

Inman

NOVEMBER 11, 2024

Serving seniors starts with understanding their needs, desires and wants in real estate, and in terms of their lifestyle and goals, Engel & Völkers Americas' Stuart Siegel writes.

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Agents Marketing 158

Marco Santarelli

NOVEMBER 11, 2024

In a surprising twist, today's mortgage rates remain high even after the recent Fed rate cut on November 7, 2024. Despite the Federal Reserve's efforts to lower interest rates, the average 30-year fixed mortgage rate holds steady at 6.91%, and the 15-year fixed mortgage rate has seen a slight increase, now sitting at 6.19%. This situation leaves many homebuyers puzzled as they were anticipating relief from the soaring mortgage costs that have characterized the housing market.

Mortgages 75

Mortgages Investor Finance Lending 75

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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.

Agents

Inman

NOVEMBER 11, 2024

Fifth Wall led Fractional's funding, which brings its total funding to date to $20.55 million. The funds will be used to expand the product, hire and broaden its education initiatives.

Technology 107

Technology 107

Estate Agent Today

NOVEMBER 11, 2024

Mortgage rates may be dropping but product choice has also fallen for homebuyers. Data from comparison website Moneyfacts shows mortgage product choice has reduced by the largest amount in more than a year so far in November, with the average shelf-life of a mortgage also dropping from 21 to 17 days.

Mortgages 70

Mortgages 70

Inman

NOVEMBER 11, 2024

Data is the key to staying ahead in today's competitive real estate market. The ability to gather, organize and interpret information efficiently can make or break a brokerage's profitability.

Brokerage 146

Brokerage Marketing 146

Calculated Risk Real Estate

NOVEMBER 11, 2024

Both inventory and sales are well below pre-pandemic levels, and I think we need to keep an eye on months-of-supply to forecast price changes. Historically nominal prices declined when months-of-supply approached 6 months - and that is unlikely any time soon - however, as expected, months-of-supply is above 2019 levels. Months-of-supply was at 4.3 months in September compared to 4.0 months in September 2019.

Sales 67

Sales As-is 67

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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

Inman

NOVEMBER 11, 2024

With 1,526,631 members as of Oct. 31, the National Association of Realtors is on track to end 2024 with its fourth-highest membership numbers on record. Next year, however, is a different story.

As-is 128

As-is MLS Brokerage Agents 128

Coldwell Banker

NOVEMBER 11, 2024

Operations in Tanzania & Zanzibar and Opening Three Domestic Companies Were Highlights of an Impressive Q3 as Coldwell Banker Real Estate Cruises Into Final Quarter of 2024 The post Coldwell Banker Brand Celebrates Third Quarter Expansion appeared first on Coldwell Banker Blue Matter.

Branding 64

Branding 64

Inman

NOVEMBER 11, 2024

The California Association of Realtors has installed its 2025 team, including a new president, president-elect and treasurer. The leaders will work alongside CAR CEO Phil Hawkins for the next year.

MLS 97

MLS 97

Toronto Realty Blog

NOVEMBER 11, 2024

TorontoRealtyBlog The real estate agents reading this blog might relate to the following story, so here goes… The phone rings one day and there’s a voice on the other end of the line with an underlying tone or attitude that can be at opposite ends. Sometimes, it’s sheepish and nervous. Other times, it’s brimming with bravado and confidence.

Sales 62

Sales MLS Banks Mortgages 62

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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.

Sales

Inman

NOVEMBER 11, 2024

Described by Compass agent Josh Flagg as “one of the finest residences in the United States” in a statement obtained by the New York Post, the home certainly lives up to its reputation. It spans 40,000 square feet across 60 rooms, including 7 bedrooms and 20 bathrooms, and sits on an 8.4-acre lot at 10644 Bellagio Road.

Agents 134

Agents Marketing 134

Brownstoner

NOVEMBER 11, 2024

In the News Smoky Smell Engulfs NYC After Fires in Brooklyn, New Jersey [NYT] Brush Fire in Brooklyn’s Prospect Park Burns Two Acres [NYT] Men Charged in Plot to Kill Iranian Activist in Brooklyn [NYT] Proposed Cleanup of 960 Franklin Brownfield Site Approved [Eagle] Breaking Down Results of Presidential Election in Brooklyn [BP] Asase Yaa Opens… Read More > The post Daily Links: Weekend of Wildfire Smoke in Brooklyn Follows Prospect Park Fire appeared first on Brownstoner.

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Inman

NOVEMBER 11, 2024

Planning for the future and promoting accessible, inclusive infrastructure keeps senior adults connected to their communities, Rachael Hite writes.

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Agents Marketing 131

Estate Agent Today

NOVEMBER 11, 2024

The first All-Wales Agent Forum will be taking place on 20 November 2024 at 1pm. It comes after lobbying and engagement from Propertymark with the Welsh Government.

Agents 62

Agents 62

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Brokerage

Inman

NOVEMBER 11, 2024

As the new year approaches, bringing fresh resolutions, it also ushers in innovations poised to shape modern homes. In a recent report, Zillow shared data-driven predictions for trends that will blend technology with comfort, sustainability and climate resilience in 2025.

Technology 78

Technology Design 78

Brownstoner

NOVEMBER 11, 2024

Lush with woodwork, this Flatbush row house contains an extensive list of period details, not limited to mantels, wainscoting, stained glass, and an intact pass-through. At 28 Clarkson Avenue, just a short stroll from Prospect Park, it hasn't changed hands in decades. Recent updates include a new furnace. The bow-front… Read More > The post Flatbush Row House With Eight Mantels, Pass-Through Asks $2.295 Million appeared first on Brownstoner.

Marketing 70

Marketing 70

Inman

NOVEMBER 11, 2024

Ye's new mansion spans about 20,000 square feet and sits on about seven acres. The property last sold for $24.5 million in 2022.

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Bigger Pockets

NOVEMBER 11, 2024

The American Dream was once an everyday reality for most Americans. Now, it’s seemingly impossible for even high-income-earning households to achieve.

Marketing 66

Marketing 66

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents