Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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The Latest 2024 Housing Market Forecast

Keeping Current Matters

The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.

Marketing 353
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The Unintended Consequences of Burnett vs. NAR

RIS Media

The recent ruling in the Burnett vs. NAR trial has sent shockwaves through the real estate industry, however its repercussions reach far beyond the courtroom. While in the public eye the verdict may be celebrated as a victory for home sellers and a step towards addressing the contentious issue of agent commissions, there is an… The post The Unintended Consequences of Burnett vs.

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Mortgage rates post biggest 1-day drop since onset of the pandemic

Inman

Tuesday's big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Fed is done hiking rates and may reverse course in the spring.

Mortgages 193
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People Are Still Moving, Even with Today’s Affordability Challenges

Keeping Current Matters

If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising.

Mortgages 319
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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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Artificial Intelligence Integration: Lendesk Unveils New Lender Spotlight AI Assistant

Realty Biz

Artificial intelligence (AI) is quickly becoming an integral part of the real estate technology industry. AI-powered tools and platforms are helping to streamline processes, automate tasks, and provide insights that were previously unavailable, and now a new example of AI integration has hit the news. Lendesk Ups the Ante Lendesk made major waves recently when it announced its most recent development: the new Lender Spotlight AI assistant.

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Texas commissions lawsuit targets teams, associations

Real Estate News

Texas Realtor associations and 20+ brokerages and teams are being sued by a home builder and magazine publisher who call NAR the “creator of the conspiracy.

Brokerage 315

More Trending

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Why Compass

BubbleInfo

Yesterday, 2,400 Compass agents came to the Rady Shell to hear CEO Robert Reffkin discuss the accomplishments of his clients, the agents. Here are this year’s facts to plug into our presentations: Compass #1 in sales volume nationwide last two years. Compass agents sell 2.5x the average agent.

Agents 93
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Commercial Properties in These Cities Are at the Highest Risk of Crashing

Bigger Pockets

After a whirlwind of struggles throughout the year, some of these high-value commercial properties are facing huge risks that could reshape their markets. See the full list here.

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3rd Look at Local Housing Markets in October

Calculated Risk Real Estate

NOTE: Starting next month, I’ll add some comparisons to 2019 data (pre-pandemic)! This is the third look at several early reporting local markets in October. I’m tracking about 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I’ll update these tables throughout the month as additional data is released.

Marketing 115
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Mr. Cooper hit with consumer class-action lawsuits over cyberattack 

Housing Wire

Mr. Cooper Group became the target of at least four consumer class-action lawsuits after disclosing a cyberattack at the end of October when customer information was compromised and the company shut down certain systems. On Oct. 31, the Dallas-based servicer and lender said it had experienced a cybersecurity incident with an unauthorized third party accessing certain portions of its technology systems and customer data.

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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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2024 Housing Market Forecast [INFOGRAPHIC]

Keeping Current Matters

Thinking of buying or selling a house and wondering what the new year holds for the housing market?

Marketing 338
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Mark Willis returns to CEO role at KW

Real Estate News

Willis previously held the top leadership position at Keller Williams Realty from 2005-2015 and had recently rejoined the company in a consulting capacity.

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Leaders in luxury: Delroy Gill

Inman

Delroy Gill doesn’t just sell homes — he builds relationships. Born and raised in London, England, he understands complex transactions and international relocation and brings world-class service and out-of-the-box thinking to every detail of real estate transactions.

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The homebuilders’ war for market share fueling the economy

Housing Wire

When market players say housing leads us into a recession, it traditionally means the Federal Reserve raised rates too much, housing slowed down as a result and a job-loss recession isn’t too far off. But a funny thing happened this year for the U.S. economy: single-family permits kept rising as new home sales were showing year-over-year growth. How did this happen when mortgage rates rose from the lows earlier in the year?

Marketing 514
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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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Life-Changing Events That Move the Housing Market

Keeping Current Matters

Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest.

Marketing 322
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Dear Coach: How to find your mojo and juggle tasks

Real Estate News

Tom Ferry offers advice on "choosing your hard" and building in time to work on your business.

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The role of the buyer’s agent isn’t ending. It’s evolving

Inman

Former arbitrage trader, current team leader and new Inman contributor Jen Berbas speaks to the vital due diligence role real estate professionals play for consumers, even after Sitzer et al.

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14 real estate trends Gen Z buyers are looking for

Housing Wire

Baby boomers and millennials have dominated the home-buying conversation in recent decades, but a new generation of homeowners is browsing online listings, heading to open houses and planning their home-buying budget. Gen Z — born between 1997 and 2012 — is making waves in the market with their approach to homebuying. Here are 14 real estate trends Gen Z buyers won’t pass up. 1.

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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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These Top Cities Show Home Prices Are Still Climbing

Keeping Current Matters

If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today.

Marketing 318
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Realtor.com CEO: World without buyer agency a ‘dangerous scenario’

Real Estate News

Damian Eales talked to Real Estate News about why the industry “should be careful what some people are wishing for” and his perspective on NAR.

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NAR won’t use lobbying chops for ‘legislative fix’ to commission suits

Inman

At a forum for reps of 50 large brokerage firms, The Realty Alliance CEO Craig Cheatham asked why the nearly 1.6 million-member trade group can't use its political influence for an "existential threat.

Brokerage 195
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Housing inventory growth slows to a halt

Housing Wire

Total housing inventory growth has been slow in 2023, but with rising mortgage rates over the last few months, inventory has grown a bit faster than average. The question now is: Have we hit the seasonal peak in inventory for 2023? The housing inventory growth rate has decelerated for three weeks, and we were barely positive last week, with an increase of only 59 homes.

Mortgages 505
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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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Who Pays Real Estate Transfer Taxes at Closing?

RIS Media

Real estate transactions involve many costs and fees, many of which are due at closing. One such expense that often raises questions among buyers and sellers is real estate transfer taxes. Understanding who pays these taxes and how they work is essential for anyone involved in a real estate deal. We will delve into transfer… The post Who Pays Real Estate Transfer Taxes at Closing?

Closing 139
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2024 could usher in a surge of home sales

Real Estate News

NAR economist expects to see a double-digit rise in both existing and new home sales next year.

Sales 258
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5 things the NYC Marathon taught me about achieving excellence

Inman

On Nov. 5, Phil Lang joined 50,000+ others in running the New York City Marathon and finished in 2:43, a two-minute personal best from seven years prior. Here he shares five things that he learned in getting to the top 0.5 percent of finishers.

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Freddie Mac to roll out fee-based repurchase pilot program in 2024

Housing Wire

Freddie Mac will launch a new fee-based repurchase alternative pilot program for performing loans in 2024, designed to improve the quality of performing loans through a potential replacement of its current repurchase policy for defective performing loans. “The pilot will use a fee-based structure that is more efficient, transparent and rewards lenders that deliver high-quality loans,” the GSE said.

Loans 488
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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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Lawler: New Census Long-Term Population Projections Are MASSIVELY Lower Than Previous Projections

Calculated Risk Real Estate

From housing economist Tom Lawler: Last Friday Census released new long-term projections of the US resident population, this time going out to 2100. The last time Census released long-term population projections was in 2017 (going out to 2060), and the 2023 projections for the “middle” scenario are massively lower than the 2017 projections.

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Commissions case won't be finalized until 2024

Real Estate News

Although the jury reached a verdict in the Sitzer/Burnett lawsuit on Oct. 31, post-trial motions will keep any judgment on hold until spring.

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Real estate CEOs: Big changes from bombshell suits ‘improbable’

Inman

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions.

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Homebuilders slash prices to clear inventory as confidence sinks again in November

Housing Wire

Elevated mortgage rates sank builder confidence again in November, but recent economic data suggests housing conditions will pick up in the coming months. Builder confidence dropped six points to 34 in November, the fourth consecutive monthly drop, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The data collected for the survey was submitted ahead of Tuesday’s release of the October Consumer Price Index (CPI) report from the U.S.

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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.