Sat.Aug 31, 2024 - Fri.Sep 06, 2024

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Why the market is primed for a mini-rally this fall

Real Estate News

More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.

Marketing 306
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Housing inventory falls as mortgage rates drop

Housing Wire

Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer, so if the economy gets softer and rates fall, we have many more homes to work with than we had in 2020-2023. I have consistently written that with mortgage rates above 7%, inventory should grow between 11,000-17,000 and this year it has happened six times perfectly in the channel.

Mortgages 538
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How the Federal Reserve’s Next Move Could Impact the Housing Market

Keeping Current Matters

Now that it’s September, all eyes are on the Federal Reserve (the Fed).

Marketing 345
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Real estate agents lament dud of a summer: Client Pipeline Tracker

Inman

Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they've been all year heading into the NAR settlement era, according to Intel's Client Pipeline Tracker.

Agents 201
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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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NAR to consumers: Agents must put client interests first

Real Estate News

With new industry rules now in effect, the association has released additional resources for buyers and sellers that focus on ethics and steering.

Agents 306
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Is the Fed behind the curve with this labor market?

Housing Wire

In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This means that the Fed will need to create such a slowdown in the labor market that nobody will question their action when they pivot. This is what I call the “cover cuts” policy. After today’s jobs report and the negative revision to this report and the previous ones, it is safe to say nobody outside of crazy people who want to see America go into a recession will question the Fed rate cut that will happen th

Marketing 514

More Trending

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Compass recruits Douglas Elliman agent, industry vet to Palm Beach

Inman

At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Avenue.

Agents 200
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More Realtors expect an uptick in buyers this fall

Real Estate News

NAR’s latest confidence survey also suggests that buyers gained some leverage this summer, but overall sales were down.

Sales 306
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Lower mortgage rates are bringing more borrowers out of the woodwork

Housing Wire

With the calendar shifting to September and the next meeting of Federal Reserve policymakers only two weeks out, mortgage rates continue to recede and evidence suggests that borrowers are reacting to more favorable housing market conditions. At HousingWire ‘s Mortgage Rates Center on Tuesday, the 30-year rate for conforming loans averaged 6.60%, down from 6.64% one week ago.

Mortgages 501
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Should You Sell Now? The Lifestyle Factors That Could Tip the Scale

Keeping Current Matters

Are you on the fence about whether to sell your house now or hold off?

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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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Properly position homebuyers with this winning 5-part offer strategy

Inman

Jimmy Burgess and Andrew Undem share strategies for writing a compelling offer on behalf of buyers, closing more deals and building lifelong client relationships.

Closing 198
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How low will the Fed go?

Real Estate News

A mixed August jobs report has economists speculating about how deep of an interest rate cut the Federal Reserve might make on Sept. 18.

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299
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Mortgage rates falling to 5% would get a swath of buyers back in the market

Housing Wire

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market. An additional 27% said they’re targeting a 4% rate, while 20% say it’s 6%.

Mortgages 493
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The Latest on the Luxury Home Market

Keeping Current Matters

Luxury living is about more than just stunning views and cutting-edge smart home technology—it's about elevating your lifestyle.

Marketing 323
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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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Are you coachable? 6 questions to ask yourself before taking the leap

Inman

Getting ready to be coached isn't just about wanting to change, coaches Melanie Klein and Emily Bossert write. It's about being prepared to do the work it will take to change.

Agents 197
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Florida brokerage the latest to settle in commissions case

Real Estate News

The Keyes Company has reached an agreement in the Gibson lawsuit as the settlement fund nears $1 billion.

Brokerage 297
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UWM debuts new 75-bps incentive on refis

Housing Wire

United Wholesale Mortgage (UWM) is rolling out a new 75 basis-point incentive program for conforming conventional and government-backed rate-and-term refinances. The program, dubbed “Refi75,” effectively replaces and expands on “Govy 125,” a 125-bps incentive that ended Tuesday for Interest Rate Reduction Refinance Loans (IRRRLs) through the U.S.

Loans 488
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Could a 55+ Community Be Right for You?

Keeping Current Matters

If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you.

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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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Better pay and more time off: What agents really want this Labor Day

Inman

Do we still want to work like it's 1999? No, that's why agents need to ask themselves what they really want their work, life and compensation to look like moving forward, Rachael Hite writes.

Agents 198
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Brokerage Beat: News from Corcoran, @properties, E&V, more

Real Estate News

Corcoran Icon adds Silicon Valley office; @properties IND grows; E&V expands in Costa Rica; CB nabs $1B team; C21 adds two firms; Realty ONE hits milestone.

Brokerage 298
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Mortgage rates haven’t budged after the jobs report 

Housing Wire

Mortgage rates remained flat following a jobs report on Friday that continued to show a cooling labor market. Mortgage rate pricing for homebuyers hasn’t changed significantly as lenders have already priced in a Federal Reserve rate cut of 25 basis points (bps) that is expected later this month, loan originators told HousingWire. Kevin Leibowitz, president of Grayton Mortgage , said he was quoting 6.125% for a 30-year conventional mortgage of $400,000 on Friday with no discount points.

Mortgages 476
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A Look at How Much Evictions Really Cost You as a Landlord

Bigger Pockets

We know evictions can be costly for both landlords and tenants (both financially and sometimes emotionally). But recently, I heard two investors discussing who actually loses more during the process.

Investor 133
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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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Navigating economic turbulence to elevate your real estate career

Inman

Amid the current economic turmoil, including fears of a potential recession and recent significant stock market declines, real estate professionals must remain vigilant and adaptable, Victoria Kennedy writes.

Marketing 196
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NYC and Chicago remain most vulnerable markets

Real Estate News

A new report from ATTOM indicates that select counties in California, New Jersey and Illinois are most at risk of a housing market downturn.

Marketing 290
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The yo-yo ride for reverse mortgage volume continued in August

Housing Wire

The reverse mortgage industry is pressing ahead with a chance at lower interest rates later this month. While there were signs of weakness in performance metrics in August, there are also commensurate signs of encouragement, according to industry experts. Home Equity Conversion Mortgage (HECM) endorsements fell by 3.3% from July to August, with the total of 2,200 falling reasonably in line with Federal Housing Administration (FHA) HECM case numbers that posted their own gains in July.

Mortgages 475
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Pocket Listing Lawsuit Sets Trial Date, with Clear Cooperation in the Spotlight

RIS Media

Top Agent Network, Inc. vs. the National Association of REALTORS® has officially set a trial schedule and date for 2025. TAN vs. NAR is a little different from the many other antitrust cases currently circling the real estate sphere. The non-commission based case alleges that defendants NAR and San Francisco Association of REALTORS® specifically blacklisted… The post Pocket Listing Lawsuit Sets Trial Date, with Clear Cooperation in the Spotlight appeared first on RISMedia.

Agents 132
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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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Tether RE ties agents to safety measures: Tech Review

Inman

Tether RE is a mobile app for helping real estate agents stay safe conducting showings, open houses and other activities with strangers.

Agents 195
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How about a 0.3% mortgage? A world of difference in Japan

Real Estate News

The “free” ride may not last as officials seek solutions for a deflationary economy and a glut of homes — the mirror image of what the U.S. is dealing with.

Mortgages 290
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Investing in tomorrow: Steven Katz is bullish on the build-to-rent market

Housing Wire

In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. Katz discusses the contributing factors leading to higher occupancy rates in BTR properties, the advantages of BTR financing solutions for investors, and their long-term growth potential.

Marketing 476
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Recession Indicators Go Off, Is the Housing Market Safe?

Bigger Pockets

Recession fears are increasing. The stock market has taken substantial hits, housing inventory is climbing, and bank account balances are starting to fall.

Marketing 132
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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.