Sat.Jul 13, 2024 - Fri.Jul 19, 2024

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Housing Market Decoded: Why are home prices still rising?

Real Estate News

High mortgage rates, which increase the cost of buying, should push prices down — right? But the relationship between rates and home prices isn’t that simple.

Marketing 287
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International buyers purchase fewest existing homes on record: NAR

Housing Wire

International homebuyers purchased the fewest number of existing homes for any year since the National Association of Realtors (NAR) began tracking the data in 2009. On Wednesday, the trade group reported in its 2024 International Transaction in U.S. Residential Real Estate Report that the number of existing homes purchased by international buyers had fallen 36% year over year to 54,300 homes during the year ending in March 2024.

Sales 516
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How To Determine if You’re Ready To Buy a Home

Keeping Current Matters

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind.

Agents 357
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Ed Zorn: Why mandatory buyer contracts are a ‘big consumer win’

Inman

California Regional MLS's general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas.

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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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Mortgage rates tumble; time for buyers to ‘get serious’

Real Estate News

Despite falling rates, homebuyer demand remains weak. Now could be a chance to make offers before inventory tightens and prices rise further, one expert says.

Mortgages 310

More Trending

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Unlocking Homebuyer Opportunities in 2024

Keeping Current Matters

There’s no arguing this past year has been difficult for homebuyers.

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Housing inventory is climbing back. So why are leads still lagging?

Inman

Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey.

Agents 195
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Consumer watchdog shares its recipe for buyer agreements

Real Estate News

After criticizing many agreements as “unfair,” The Consumer Federation of America has compiled a list of best practices for the industry.

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Will mortgage rates drop in time to help single-family construction? 

Housing Wire

Higher mortgage rates have increased recession risk by targeting the one sector that always falls before every recession: residential construction workers. And higher rates are also impacting the future supply of homes, as housing permits have been in a downtrend for a while. Single-family permits fell again in today’s housing starts report. Of course, the one solution that can change the tide for this concerning downtrend is lower mortgage rates.

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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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Why Fixing Up Your House Can Help It Sell Faster

Keeping Current Matters

If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices.

Agents 357
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You can’t ‘fake it ’til you make it’ when it comes to gratitude

Inman

Authenticity and genuine gratitude offer profound benefits for personal and professional relationships and well-being, broker and coach Aaron Hendon writes.

Brokerage 196
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Will a fall rate cut kick-start home sales?

Real Estate News

The Fed is expected to cut rates in September, which may spur buyer activity — but after Canada’s central bank cut rates for the first time in June, sales fell.

Sales 310
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Coldwell Banker adds generative AI to Listing Concierge

Housing Wire

Artificial intelligence has taken the real estate industry by storm over the past two years and Coldwell Banker is no exception. On Thursday, the Anywhere Real Estate brand announced that it had equipped its exclusive marketing platform tool Listing Concierge with generative AI capabilities. Through this update, the firm says the platform will now allow agents and concierge coordinators to automate the generation of listing descriptions, captions of images and property attributes.

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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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Why Working with a Real Estate Professional Is Crucial Right Now

Keeping Current Matters

Navigating the housing market can be tricky, especially these days.

Marketing 357
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Yes, you can talk politics on social media. Here’s how

Inman

Is it still impolite to talk about politics? Maybe not, and social media expert Jessi Healey says talking about it might gain you more followers than you think.

Marketing 194
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Agents Decoded: Finding opportunities in change

Real Estate News

The industry has weathered many storms, and through it all, has grown and thrived. So can agents. Jay Thompson shares 4 ways to leverage the changes ahead.

Agents 304
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What happens to the housing market when mortgage rates finally come down?

Housing Wire

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in last week, the bond market rallied and mortgage rates took a notable dip below 7% for the first time in months.

Mortgages 497
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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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The Biggest Mistakes Homebuyers Are Making Right Now

Keeping Current Matters

Want to know the biggest mistakes homebuyers are making today?

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Elevated mortgage rates drive homebuilder confidence downward

Inman

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today.

Mortgages 192
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Foreign purchases of U.S. homes falls to the lowest level on record

Real Estate News

A new report shows major drops in international purchases of U.S. real estate, at a time when legal efforts to restrict buyers from certain countries ramped up.

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Consumer watchdog releases criteria for evaluating buyer agency agreements

Housing Wire

After slamming the California Association of Realtors (CAR) for a draft of its buyer representation agreement, the Consumer Federation of America (CFA) on Tuesday released its proposed criteria for evaluating buyer representation agreements. The CFA said the proposed criteria was created after the group received requests from several unnamed real estate companies.

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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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Court Allows Partition Sale of Bed Stuy Home in Family for 75 Years

Brownstoner

Ayisha Doyle, like her mother and her children, was raised in the grand brownstone on Jefferson Avenue in Bed Stuy. She still calls the house home, one of five generations of her family who have done so since her great-grandparents purchased the 1880s single-family house in the 1940s. With her mother,… Read More > The post Court Allows Partition Sale of Bed Stuy Home in Family for 75 Years appeared first on Brownstoner.

Sales 145
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FCC ready to crack down on AI-generated robocalls

Inman

The FCC announced on Tuesday a plan to help consumers identify and block AI-generated robocalls. The plan, if passed, could impact a key part of real estate agents' lead generation methods.

Agents 190
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Dancing with Mauricio: On NAR, commissions and what scares him

Real Estate News

The TV star and founder of The Agency says running an association is “a pain” but sees opportunities to improve the agent experience and “fragmented” MLS space.

MLS 296
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Opinion: Brokers should consider a new model for post-Burnett world

Housing Wire

There is no escaping the reality that the recent NAR/Sitzer/Burnett settlements is already changing the real estate world as we know it. Amongst the most substantial terms of that agreement is a blanket ban on the requirement that agents subscribe to MLSs to offer or accept compensation for their work. There has been quite a bit of discussion already about how this will impact the traditional residential purchase.

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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.