Sat.Jan 25, 2025 - Fri.Jan 31, 2025

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3 Reasons To Buy a Home Before Spring

Keeping Current Matters

Let’s face it — buying a home can feel like a challenge with today’s mortgage rates.

Mortgages 324
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Sellers want max exposure for their listings, survey finds

Real Estate News

Most sellers dont know much about MLSs or private listing networks but they want an agent who can get their listing in front of the largest pool of buyers.

Agents 310
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New-home sales hit highest level since 2021

Housing Wire

New home sales continue to be a bright spot in a dismal housing market. The December report from the U.S. Census Bureau and Department of Housing and Urban Development shows new-home sales registering at a seasonally adjusted annual rate of 698,000, good for a 6.7% rise year over year and 3.6% higher than November. Even better, new home sales for the calendar year 2024 are estimated at 683,000, which is 2.5% more than 2023 and the highest sales have been since 2021.

Sales 476
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Agents embrace private listing networks. Consumers? Not yet

Inman

Sixty-nine percent of agents since 2020 have recommended their sellers list on a private listing network. However, sellers still favor listing on the multiple listing service, a Zillow survey said.

Agents 172
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The 2025 Real Estate Roadmap to Success

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.

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The Rise and Fall of Downtown Brooklyn’s Dazzling Emporiums

Brownstoner

Downtown Brooklyn's Fulton Street has long been a shopping mecca, home to large department stores and specialty retailers alike. An early 20th century shopper could stroll along the street and find everything from furs to furniture. The retail corridor has certainly seen change over the centuries, and the recent… Read More > The post The Rise and Fall of Downtown Brooklyn’s Dazzling Emporiums appeared first on Brownstoner.

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Time in the Market Beats Trying To Time the Market

Keeping Current Matters

Are you torn between whether to buy a home now or wait? Consider this.

Marketing 299

More Trending

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Pending home sales decline 5.5% following months of growth

Inman

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors.

Sales 173
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Exhibition at History Center Traces the Story of Slavery in Brooklyn

Brownstoner

A new exhibition at the Center for Brooklyn History grapples with the history of slavery in the borough, sharing new research, raising thought-provoking questions, and allowing viewers to gaze upon some 18th and 19th century documents not frequently on view. "Trace/s: Family History Research and the Legacy of Slavery in… Read More > The post Exhibition at History Center Traces the Story of Slavery in Brooklyn appeared first on Brownstoner.

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Two Resources That Can Help You Buy a Home Right Now

Keeping Current Matters

A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable.

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Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?

Housing Wire

Nationstar Mortgage currently doing business as Mr. Cooper has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure. Attorneys general and mortgage regulators in 50 states, as well the District of Columbia, agreed to a settlement that requires Mr. Cooper to provide $5.8 million in payments to eligible borrowers.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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High-profile real estate companies take aim at Gibson commission suit

Inman

Berkshire Hathaway Energy, Windermere, Hanna Holdings, EXIT Realty, William Raveis and Crye-Leike all denied antitrust allegations against them in new court filings submitted Monday.

MLS 168
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Affordable Housing Lottery Opens in Gowanus With $961 One-Bedrooms

Brownstoner

A new 17-story apartment tower that has risen on Gowanus 4th Avenue and was made possible by the areas rezoning has launched an affordable housing lottery. The Douglass Street Apartments building, which replaces a BP gas station, will have a total of 188 apartments and climbs to 175 feet, according… Read More > The post Affordable Housing Lottery Opens in Gowanus With $961 One-Bedrooms appeared first on Brownstoner.

Marketing 104
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The Secret To Selling? Using an Agent To Get Your House Noticed

Keeping Current Matters

In a recent survey, the National Association of Realtors (NAR) asked sellers what they want most from a real estate agent.

Agents 287
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Pending home sales limped to the end of 2024

Housing Wire

Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). Compared to a month prior, contract signings fell 5.5% in December, with the Pending Home Sales Index coming in at a reading of 74.4. An index reading of 100 is equal to the level of contract signings in 2001. Annually, pending home sales were down 5.0% compared to a year prior in December.

Sales 435
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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After a strong year, luxury is poised for strategic shifts in 2025

Inman

In 2024, Manhattan was the top destination for buyers of properties priced at $10 million and up, according to a report from Compass. Reports from Sotheby's and Christie's Real Estate show big shifts across borders, generations and more in the year ahead.

Brokerage 162
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Fed’s Preferred Inflation Gauge Rose Again at the End of 2024

RIS Media

The Federal Reserve declined to cut interest rates any further at its latest meetingand the Feds preferred inflation metric now shows that the goal of 2% annual inflation remains elusive. In the latest monthly Personal Consumption Expenditures (PCE) report compiled by the Bureau of Economic Analysis, monthly inflation in the PCE price index (tracking costs… The post Fed’s Preferred Inflation Gauge Rose Again at the End of 2024 appeared first on RISMedia.

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How Home Equity Can Help Fuel Your Retirement

Keeping Current Matters

If retirement is on the horizon, now’s the time to start thinking about your next chapter.

Equity 273
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Why real estate professionals must return to old-school thinking in 2025

Housing Wire

Have a seat and buckle in. The real estate industry is already in a whirlwind and the year has barely kicked off. To put it simply, the industry appears to be in its rapid evolution era. What does this look like? Firstly, real estate professionals are facing an unyielding storm of new challenges. For example, changing agent commission guidelines and emerging lead contact regulations are keeping professionals up at night.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Typical days on market reaches slowest pace in 5 years: Redfin

Inman

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month the slowest pace since 2020.

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Canopy MLS Plans to Launch AI-Powered Assistant Ardi

RIS Media

Canopy MLS has announced its plans to implement Ardi, an AI-powered assistant designed to provide subscribers with quick and easy access to critical information anytime, anywhere. This AI will streamline support, save time and improve overall efficiency. Were excited to bring Ardi to Canopy MLS to better support our subscribers. This AI-powered assistant will make… The post Canopy MLS Plans to Launch AI-Powered Assistant Ardi appeared first on RISMedia.

MLS 110
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Daily Links: Williamsburg Pharmacy Goes Up in Flames in Four-Alarm Fire

Brownstoner

In the News Congestion Pricing Results Mixed, Some Commutes Improve [NYT] Rare Plant Smells Horrible, but People Cant Wait for a Whiff [NYT] Vandals Hit Park Slope Israeli Eatery, Owner Pledges to Leave It [NYP] Burg Business Burned in Large Overnight Fire [NBC] Exhibition Brings Gowanus Industrial Heritage to New Development [BP] Plans for IBX Train… Read More > The post Daily Links: Williamsburg Pharmacy Goes Up in Flames in Four-Alarm Fire appeared first on Brownstoner.

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Will we see home prices decline in 2025?

Housing Wire

Recently, weve shared that the inventory of unsold homes is growing. In recent weeks, home sales also faltered in the face of 7% mortgage rates. Now were noticing some signals in the data that national home prices could turn negative this spring, showing year-over-year home-price declines for the first time since early 2023. There are already plenty of markets nationwide where the inventory of unsold homes has built up over the past few years and home prices have ticked down.

Sales 396
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Trending: Taking a deep dive into AI and algorithms

Inman

AI disruptors, evolving social media algorithms and new content formats are changing real estate marketing. Jessi Healey breaks down the latest trends and how agents can adapt to stay ahead.

Agents 165
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Today’s Mortgage Rates January 27, 2025: Rates Drop Across the Board

Marco Santarelli

On January 27, 2025, today's mortgage rates have seen a notable drop across various loan types, making it a potentially cost-effective time for homebuyers and those looking to refinance. The average rates for a 30-year fixed mortgage now sit at 7.04% , marking a significant decrease. This decline can provide substantial savings for borrowers compared to last weeks rates.

Mortgages 100
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Final Look at Local Housing Markets in December and a Look Ahead to January Sales

Calculated Risk Real Estate

After the National Association of Realtors® (NAR) releases the monthly existing home sales report , I pick up additional local market data that is reported after the NAR. This is the final look at local markets in December. The big story for December was that existing home sales increased year-over-year (YoY) for the third consecutive month following year-over-year declines every month since July 2021.

Sales 99
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Why title insurance is essential to the U.S. system of property rights

Housing Wire

The U.S. system for the transfer of real estate is unique in the world. We transfer ownership by private contract between parties; no advance government approval is required. By contrast, many European countries have a centralized, government-managed land registration system, which requires government review before property transfers are effective. Among the many benefits of the U.S. system are the speed of the transfer, which in our system depends only on the parties being ready to close.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Mauricio Umansky on building a brand-centric brokerage culture

Inman

Whether you're struggling to keep your existing brand fresh or trying to build a new brand that works, The Agency's Mauricio Umansky offers insights from his own brand-building experience.

Branding 155
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U.S. Economy Ends 2024 With Solid Growth

Eye on Housing

Real GDP growth slowed in the fourth quarter of 2024, but the economy finished the year at a solid rate. While consumer spending continued to drive growth, gross private domestic investment detracted over a full percentage point mainly due to a decline in private inventories. According to the advance estimatereleased by the Bureau of Economic.

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CRMLS CEO Hones in on ‘Mandatory Submission’ Amid Clear Cooperation Pressure

RIS Media

As the Clear Cooperation Policy became a nexus of controversy and debate last year, with a plethora of brokers, CEOs and everyday agents across the country weighing in, maybe more notable than any of the folks who spoke out in favor (or against) the policy were those who didnt say anything at all. One notable… The post CRMLS CEO Hones in on Mandatory Submission Amid Clear Cooperation Pressure appeared first on RISMedia.

Agents 105
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Cash-out refi customers largely used proceeds to pay down debt

Housing Wire

Consumers who chose to take out a cash-out refinance largely used the loans proceeds for paying down existing debts, with notable impacts on credit card and auto loan balances as well as credit utilization rates. Cash-out borrowers also saw increases in their credit scores on average, while scores for non-cash-out borrowers decreased. This is according to a recent report published by the Consumer Financial Protection Bureau (CFPB), which is based on data from the National Mortgage Database (NMDB

Loans 368
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.