Sat.Nov 23, 2024 - Fri.Nov 29, 2024

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DOJ comes out against NAR commission lawsuit settlement

Housing Wire

There’s nothing quite like an 11th-hour twist. On Sunday evening, less than 48 hours before the National Association of Realtors ’ (NAR) commission lawsuit settlement agreement is set to head for final approval, the Department of Justice (DOJ) filed its long-awaited statement of interest in the Sitzer/Burnett suit. DOJ notes in the filing that it did not participate in the litigation or in the negotiation of the proposed settlement.

Brokerage 481
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Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash

Keeping Current Matters

One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today.

Equity 249
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10 ways to create marketing buzz for your real estate business

Inman

From direct mail to elevated service standards, these strategies from trainer Bernice Ross are guaranteed to get people talking about you for all the right reasons.

Marketing 125
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DOJ’s Sunday filing raises issues with NAR deal

Real Estate News

The agency takes no position on the settlement’s approval but says it’s not an antitrust shield — and expresses concern over buyer agent agreements.

Agents 352
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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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Top 10 Brooklyn Real Estate Listings: A PLG Row House, a Bay Ridge Rental

Brownstoner

This week, the most popular real estate listings on Brownstoner include a semi-detached house in Midwood, a townhouse in Park Slope, and a standalone in Ditmas Park West. Prospect Lefferts Gardens was popular this week, with other listings scattered around the borough. The least expensive property on the list is… Read More > The post Top 10 Brooklyn Real Estate Listings: A PLG Row House, a Bay Ridge Rental appeared first on Brownstoner.

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Bored at Your Open House? Do this.

BAM Media

Wait…are you sitting an open house today?! On the weekend before Thanksgiving?! If you are it must be SLOW AF, so here are five things you can do to pass the time and improve your life. FIRST, sign up for The BAMMYs right now. It’s our live real estate content award show that takes place on December 11th. We are having the legend, Neel Dhingra, speak in the middle to go over Content To Clients: The 2025 Social Media Playbook.

More Trending

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Annual Home Price Appreciation Lowest Since August 2023

RIS Media

While home prices have been steadily increasing for more than a year, the November S&P CoreLogic Case-Shiller national home-price index (HPI) showed that price gains are not stopping—but they are slowing. The latest HPI data released Tuesday tracks prices for the month of September 2024 (the index runs two months behind). During September, home prices… The post Annual Home Price Appreciation Lowest Since August 2023 appeared first on RISMedia.

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Expert Investor Shares How He Made $100K with Just One Property

Bigger Pockets

Would you spend thirty hours finding a deal if it could make you over $100,000? Of course you would!

Investor 101
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How to Buy a Multifamily Property in 10 Steps

The Close

Looking for your next big investment? You’re on the right page! Buying multifamily real estate is a smart way to build cash flow and a solid investment portfolio in a single transaction. In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability.

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How are mortgage rates affecting housing demand?

Housing Wire

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. I figured those increases would produce the same weakness in purchase apps that we saw earlier in the year. However, surprisingly, demand has held up better than I anticipated.

Mortgages 465
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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 buyers are gravitating toward smaller homes

Real Estate News

As household composition shifts, builders look to the starter homes of yesteryear to deliver more practical, affordable single-family homes for today’s buyers.

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Control the Controllables If You’re Worried About Mortgage Rates

Keeping Current Matters

Chances are you’re hearing a lot about mortgage rates right now, and all you really want to hear is that they’re coming back down.

Mortgages 260
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Court grants final approval to NAR’s landmark settlement deal

Inman

Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon.

MLS 185
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CoreLogic: Single-family rent growth drops to four-year low

Housing Wire

U.S. single-family rental properties posted rent-price growth of 2% during the year ending in September 2024, according to a recent CoreLogic report. That’s down from annual growth of 2.4% in August. The property data and solutions company reported that the year-over-year gain was well below the pre-pandemic single-family rental (SFR) growth rate of 3.5%.

Principal 403
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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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Reffkin ‘mischaracterizes’ Clear Cooperation study

Real Estate News

Do more than a third of consumers really prefer private listings? The answer is not so simple, says the CEO of 1000watt, which produced the report.

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How Co-Buying a Home Helps with Affordability Today

Keeping Current Matters

Buying a home in today’s market can feel like an uphill battle – especially with home prices and mortgage rates putting pressure on your budget.

Mortgages 258
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Buyer-broker agreement may limit how brokers compete, DOJ warns

Inman

Ahead of a final Nov. 26 approval hearing on NAR's proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours.

Agents 183
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FHFA conforming loan limits increase to $806,500 in 2025

Housing Wire

The Federal Housing Finance Agency (FHFA) has set a new baseline conforming loan limit of $806,500 for one-unit properties in 2025, authorizing Fannie Mae and Freddie Mac to purchase mortgages up to this amount. The new limit reflects a 5.2% increase over the current $766,550 cap for 2024, aligning with home price trends. The adjustment indicates a weaker housing market this year, driven by still-elevated mortgage rates.

Loans 409
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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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Judge approves $700 million in deals with NAR, HomeServices

Real Estate News

A last-minute filing by the DOJ and a handful of objections failed to derail the settlements, which cap more than five years of litigation in Sitzer/Burnett.

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Make Your House the Top Thing on Every Buyer’s Wish List This Season

Keeping Current Matters

With the holidays right around the corner, homeowners planning to move have a decision to make: sell now or wait?

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Homebuyer interest surges on slight pullback in mortgage rates

Inman

Applications for purchase loans jumped 12 percent week over week and 52 percent from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association.

Mortgages 167
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Look out below! New-home sales fall off a cliff

Housing Wire

After a year of strong results, sales of newly built homes took a major step back last month. Data released Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD) shows new-home sales in October clocking in at a seasonally adjusted annual rate of 610,000 — a 17.3% decline compared to September and a 9.4% decline year over year.

Sales 354
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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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NAR’s next president: This industry is ‘worth fighting for’

Real Estate News

Kevin Brown, who will lead NAR in 2026, says he’s seen “the transformative power of homeownership” to move people out of poverty. “That’s why I do this.

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Investors Are Not Buying Up All the Homes

Keeping Current Matters

There’s a misconception Wall Street is buying all the homes on the market. But data proves that isn’t true.

Investor 223
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Fannie, Freddie loan limits upped to $806,500 in most markets

Inman

Mortgage giants will be allowed to back loans of up to $1.2 million in high-cost markets, providing ammo to critics who say goverment backing for mortgages adds to affordability woes.

Loans 163
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Empathy in the face of foreclosure

Housing Wire

When I began working on this piece, I was told that the mortgage community as a whole—and loss mitigation professionals in particular—would be resistant to the message. But I don’t think that’s true. Because not only are we an industry that values the bottom line, we serve the spirit behind the American Dream of homeownership. If there is any segment of our economy that understands aspiration, it’s us.

Equity 340
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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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Texas broker piles on to mandatory membership challenges

Real Estate News

A new complaint, like others filed in Michigan and Pennsylvania, claims that requiring association membership as a precondition for MLS access is monopolistic.

MLS 255
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How to Find Cash Home Buyers in Stockton for a Hassle-Free Home Sale

HomeLight

If you’re a homeowner in Stockton looking to sell your property quickly and without the challenges of traditional listings, working with cash home buyers is a good alternative to the traditional market. In this guide, we’ll explain how to find cash home buyers in Stockton, explore who’s driving the local cash buyer market, and help you determine if selling your home for cash aligns with your needs.

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How ‘secret’ home warranties cost 1 brokerage millions: The Download

Inman

Minnesota's AG asserts that recommending a home warranty without disclosing a financial interest is a violation of fiduciary duty.

Brokerage 159
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To achieve homeownership, Americans need stability

Housing Wire

The current start-stop cycle facing American homebuyers and sellers shows no sign of relenting. The cycle continued in May, as inflation eased more than expected, dropping to 3.3% from the 3.4% annual increases seen in March and April. These positive signs were followed by a long-awaited dip in mortgage rates, which fell for four consecutive weeks through the end of June.

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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.