Why the market is primed for a mini-rally this fall
Real Estate News
SEPTEMBER 5, 2024
More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.
Real Estate News
SEPTEMBER 5, 2024
More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.
Housing Wire
SEPTEMBER 1, 2024
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.
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Keeping Current Matters
SEPTEMBER 4, 2024
Now that it’s September, all eyes are on the Federal Reserve (the Fed).
Inman
SEPTEMBER 2, 2024
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.
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Real Estate News
SEPTEMBER 4, 2024
With new industry rules now in effect, the association has released additional resources for buyers and sellers that focus on ethics and steering.
Housing Wire
SEPTEMBER 6, 2024
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
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
SEPTEMBER 3, 2024
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.
Real Estate News
SEPTEMBER 3, 2024
NAR’s latest confidence survey also suggests that buyers gained some leverage this summer, but overall sales were down.
Housing Wire
SEPTEMBER 3, 2024
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.
Keeping Current Matters
SEPTEMBER 3, 2024
Are you on the fence about whether to sell your house now or hold off?
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.
Inman
SEPTEMBER 6, 2024
Jimmy Burgess and Andrew Undem share strategies for writing a compelling offer on behalf of buyers, closing more deals and building lifelong client relationships.
Real Estate News
SEPTEMBER 6, 2024
A mixed August jobs report has economists speculating about how deep of an interest rate cut the Federal Reserve might make on Sept. 18.
Housing Wire
SEPTEMBER 5, 2024
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%.
Keeping Current Matters
SEPTEMBER 5, 2024
Luxury living is about more than just stunning views and cutting-edge smart home technology—it's about elevating your lifestyle.
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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.
Inman
SEPTEMBER 5, 2024
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.
Real Estate News
SEPTEMBER 3, 2024
The Keyes Company has reached an agreement in the Gibson lawsuit as the settlement fund nears $1 billion.
Housing Wire
SEPTEMBER 4, 2024
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.
Keeping Current Matters
SEPTEMBER 2, 2024
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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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.
Inman
AUGUST 31, 2024
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.
Real Estate News
AUGUST 31, 2024
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.
Housing Wire
SEPTEMBER 6, 2024
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.
Bigger Pockets
SEPTEMBER 6, 2024
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.
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Inman
SEPTEMBER 6, 2024
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.
Real Estate News
SEPTEMBER 5, 2024
A new report from ATTOM indicates that select counties in California, New Jersey and Illinois are most at risk of a housing market downturn.
Housing Wire
SEPTEMBER 6, 2024
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.
RIS Media
SEPTEMBER 6, 2024
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.
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.
Inman
SEPTEMBER 6, 2024
Tether RE is a mobile app for helping real estate agents stay safe conducting showings, open houses and other activities with strangers.
Real Estate News
SEPTEMBER 4, 2024
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.
Housing Wire
SEPTEMBER 5, 2024
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.
Bigger Pockets
SEPTEMBER 2, 2024
Recession fears are increasing. The stock market has taken substantial hits, housing inventory is climbing, and bank account balances are starting to fall.
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.
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