Housing Wire

AUGUST 1, 2024

The average 30-year fixed-rate mortgage dropped to 6.62% on Thursday, a new low for 2024 that appears to be tied to the expectation that the Federal Reserve could move to cut interest rates at its next meeting in September. This is according to data reported by Mortgage News Daily. On Wednesday, Fed Chair Jerome Powell indicated that a rate cut is a possibility after the September meeting if economic data continues to trend in the right direction.

Mortgages 512

Mortgages Fixed-rate mortgage Banks As-is 512

Real Estate News

AUGUST 1, 2024

The company said its contract — which will be available in 24 states — was designed to “help agents navigate new requirements” related to the NAR settlement.

Design 288

Design Agents 288

RIS Media

AUGUST 1, 2024

Selling a house during slow months can be challenging. However, with the right strategies, it’s entirely possible to close a deal quickly. I have put significant effort into providing the best advice to achieve home sale success at the least ideal time. You will find information in these crucial aspects: Practical tips and strategies for… The post Tips For Selling a House Quickly in Slow Months appeared first on RISMedia.

Closing 137

Closing Sales Industrial Agents 137

Keeping Current Matters

JULY 29, 2024

Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening.

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Agents

Housing Wire

AUGUST 2, 2024

Job creation continued to slow in July as unemployment spiked, which economists say is good news for the Federal Reserve and the housing industry. Data from the U.S. Bureau of Labor Statistics released on Friday shows that total nonfarm payroll rose by 114,000 jobs in July, below analysts’ expectations, and well below the average of monthly gain for the past 12 months of 215,000 jobs.

Mortgages 473

Mortgages Marketing Construction Residential 473

Inman

AUGUST 2, 2024

Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds.

Fixed-rate mortgage 198

Fixed-rate mortgage Mortgages Investor Marketing 198

Keeping Current Matters

JULY 31, 2024

Figuring out what to do with your house when you're ready to move can be a big decision.

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Housing Wire

JULY 27, 2024

One of my critical forecasts for 2024 was the growth of new listings data and active inventory, even with higher mortgage rates. However, the new listings data has slightly disappointed me. Many of my CNBC interviews , starting from late last year and just last week , have been on this theme, and new listings have grown in 2024. But, I set targets with a minimum 80,000 new listings for at least one week at the seasonal peak and that didn’t happen; the peak so far was 72,329, and now we are enter

Mortgages 512

Mortgages Sales As-is Marketing 512

Real Estate News

AUGUST 2, 2024

Redfin reports that the typical commission for buyer agents slipped to 2.55% ahead of the August 17 deadline for rule changes related to the NAR settlement.

Agents 298

Agents 298

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Agents

Inman

AUGUST 1, 2024

Inman honored 12 individuals and companies at its 26th annual Innovator Awards on Thursday, including awards for company, brokerage and innovator of the year. See the full list of winners.

Brokerage 189

Brokerage Technology 189

Keeping Current Matters

JULY 30, 2024

The housing market is going through a transition.

Marketing 273

Marketing 273

Housing Wire

AUGUST 1, 2024

HousingWire is proud to announce the 2024 list of Insiders, recognizing 70 exceptional operational leaders who are instrumental in driving the success of their companies and the broader housing industry. Now in its 9th year, the HousingWire Insiders award honors the operations professionals whose dedication, innovation, and expertise have a profound impact on their organizations.

Due diligence 473

Due diligence Principal Lending Technology 473

Real Estate News

JULY 29, 2024

South Florida’s Broward, Palm Beaches & St. Lucie Realtors is taking a two-pronged approach, using ads to educate consumers while helping members stay informed.

Industrial 276

Industrial 276

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Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Inman

AUGUST 1, 2024

The Kennedy family scion and presidential contender also argued Thursday at Inman Connect Las Vegas that democracy depends on people maintaining "a posture of fierce skepticism.

Industrial 189

Industrial 189

Keeping Current Matters

AUGUST 1, 2024

Are you a part of the Sandwich Generation?

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247

Housing Wire

AUGUST 1, 2024

Homebuyers often adjust their plans for the uncertainty that an election year can bring. With less than 100 days until the 2024 election, a majority of buyers are taking note. That’s according to survey results released Thursday by Veterans United Home Loans, which show that 60% of prospective buyers are taking the election into account. Even more dramatic is that 38% of homebuyers are pausing their search until after Election Day.

VA loan 496

VA loan Loans Finance Mortgages 496

Real Estate News

JULY 27, 2024

To align with the NAR settlement, eXp has issued a new listing form that explicitly states that there is no commission sharing with a buyer's agent.

Industrial 288

Industrial Agents 288

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Sales

Inman

JULY 31, 2024

Robert Reffkin on Wednesday said clear cooperation attaches "negative insights" to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed.

MLS 192

MLS Marketing 192

BAM Media

AUGUST 2, 2024

Leo Pareja, CEO of eXp, just contacted BAM to share the news: its agent toolkit for sellers is officially live. If you watched the BAM breaking livestream , in which Pareja set the record straight on his company’s position on commission sharing, you know by now that this is very good news for agents and their seller clients. With less than three weeks before NAR’s settlement agreement practice changes go into effect, many are still waiting for finalized forms and guidance from their brokerage

Agents 119

Agents Brokerage Land Industrial 119

Housing Wire

AUGUST 1, 2024

Rapidly rising home prices are bad news for prospective buyers, but they’re proving quite beneficial for homeowner equity. That’s according to a new report from ATTOM Data Solutions that found that in the second quarter of 2024, 49.2% of mortgaged homes were “equity-rich,” defined as having a loan balance of less than half of the estimated market value of those homes.

Equity 458

Equity Mortgages Loans Marketing 458

Real Estate News

AUGUST 2, 2024

Move Inc. lawyers said that a former employee who went to work for CoStar accessed Realtor.com’s proprietary calendar containing future plans for articles.

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268

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Brokerage

Inman

JULY 31, 2024

A new draft seller contract that eXp Realty is distributing to its brokers and agents is largely consistent with a newly issued set of criteria from the Consumer Federation of America, the watchdog group said this week.

Agents 182

Agents MLS Brokerage Industrial 182

Maximum Exposure Real Estate

JULY 27, 2024

For many people, summer holds an enduring appeal. It could be the memories of the end of the school year, taking in a baseball game with your dad, or even making your first few dollars from the lemonade stand you set up in your front yard. Whatever the case, summertime has some great memories associated […] The post Tips For Selling Your Home in The Summer appeared first on Maximum Real Estate Exposure.

Marketing 122

Marketing 122

Housing Wire

JULY 30, 2024

Rate has hired a new head coach. The Chicago -based mortgage lender announced Tuesday that it’s bringing on Daniel Manginelli to lead its sales coaching program, which is designed to help mortgage professionals implement best practices and improve performance. According to the company, the coaching program for salespeople makes Rate one of only 10 mortgage companies with in-house coaching. “We hold back nothing in providing our professionals with world-class training and ensuring that our

Sales 421

Sales Mortgages Loans Finance 421

Real Estate News

JULY 31, 2024

As expected, the Fed held steady on rates today, but signaled the possibility of cuts in September. That might not mean big drops in mortgage rates, however.

Mortgages 267

Mortgages 267

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

Inman

JULY 30, 2024

At the new Homes.com, we always present the listing agent and only the listing agent on any home for sale on our site. Our philosophy is that the leads on an agent’s listings are theirs alone and not anyone else’s to pilfer and sell.

Agents 186

Agents Sales 186

Seattle Times Real Estate

JULY 29, 2024

The Seattle area's office market is a shell of its former self. But lately it's seen a surge in tech companies leasing more than they have in four years.

Marketing 129

Marketing Technology 129

Housing Wire

JULY 30, 2024

Mr. Cooper Group has priced the issuance of $750 million in debt to refinance outstanding mortgage servicing rights (MSR) facilities, an announcement that comes only four days after making public its billion-dollar acquisition of Flagstar Bank ‘s servicing assets. On Monday, the mortgage lender and servicer said that its debt offering to qualified investors through subsidiary Nationstar Mortgage Holdings will bear an annual interest rate of 6.5% that is payable semiannually.

Principal 458

Principal Investor Banks Mortgages 458