Housing Wire
JANUARY 18, 2024
Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% as of Jan. 11, a decrease from last week’s 6.66%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.
Inman
JANUARY 18, 2024
As many as 80 percent of agents are using AI to do things like write listing descriptions, but real estate leaders also have concerns about "guardrails" for the tech.
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Real Estate News
JANUARY 17, 2024
New York Times journalist Debra Kamin talked to Real Estate News about the response to her investigations, why her eXp story “hit differently,” and what’s next.
Keeping Current Matters
JANUARY 17, 2024
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you.
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RIS Media
JANUARY 16, 2024
In a speech sponsored by the think tank Brookings Institution, Federal Reserve Governor Chris Waller said he feels more confident and optimistic about the path of the economy than he has in the last three years, and painted a mostly rosy picture of the economy and the path for rate cuts in 2024. Waller is… The post Fed Governor Offers Optimistic View of Rate Cuts, Economy in 2024 appeared first on RISMedia.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Maximum Exposure Real Estate
JANUARY 14, 2024
There are so many things that go into buying a new home. While many people are familiar with checking out potential areas like schools and crime, not everyone remembers some of the finer details of choosing a neighborhood. Neighborhood safety and crime rates should be part of your due diligence when buying real estate. These […] The post Check Neighborhood Safety Ratings and Crime Rates When Buying a House appeared first on Maximum Real Estate Exposure.
Bigger Pockets
JANUARY 17, 2024
Rates have been falling for the past few months, and signs of the market warming up are already here. These five markets have the highest gains in activity since last year.
BubbleInfo
JANUARY 16, 2024
Dear Liz: My husband died in November 2022. I was told that if I sell the house within two years of his death, I can benefit from two capital gains exclusions, his and mine, each for $250,000. The house was appraised at $912,000 based on his date of death.
Realty Biz
JANUARY 18, 2024
PredictAP, a machine-learning-enabled solution for invoice ingestion and coding in real estate accounts payable (AP), has recently announced the successful closing of its $8-million series A financing round. The round was spearheaded by RET Ventures, a prominent venture capital firm specializing in real estate technology, with additional investment from Wise Ventures.
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.
Housing Wire
JANUARY 19, 2024
Fannie Mae has a rosy outlook for mortgage rates. The government sponsored enterprise is projecting that rates will drop below 6% by the end of 2024, which in turn will boost refi volumes and help thaw the existing home sales market. Following years of volatility in mortgage rates, the housing market will begin its gradual return to a more normal balance in 2024.
Keeping Current Matters
JANUARY 15, 2024
Buying a home is a powerful decision, and it remains at the heart of the American Dream.
Real Estate News
JANUARY 17, 2024
Home builder sentiment is up significantly in January as lower mortgage rates bring more buyers back to the market.
Inman
JANUARY 15, 2024
Kenya Burrell-VanWormer, chief growth officer at NEO, and Katherine Winston, founding member and head of marketing at Plunk, have teamed up to build a program that will provide professional mentorship for minority entrepreneurs in proptech.
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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.
Housing Wire
JANUARY 18, 2024
Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles. The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. It was filed on Wednesday in U.S. District Court in Los Angeles. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit.
Keeping Current Matters
JANUARY 18, 2024
Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten.
Real Estate News
JANUARY 19, 2024
According to the latest NAR data, just 4.09 million existing home sales were reported in 2023, the lowest number in nearly three decades.
Inman
JANUARY 18, 2024
Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent.
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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.
Housing Wire
JANUARY 13, 2024
Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is housing inventory grow at the level it typically does in January or February instead of being delayed until March or April. Last year at this time, inventory rose week to week and I was hopeful for a typical spring inventory year, but the seasonal bottom didn’t actually happen until April 14.
Keeping Current Matters
JANUARY 16, 2024
Are you putting off your plans to sell because you’re worried you won’t be able to find a home you like when you move?
Real Estate News
JANUARY 18, 2024
Lower rates are good news for buyers, but increased demand could further erode limited inventory.
Inman
JANUARY 18, 2024
With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards.
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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.
Housing Wire
JANUARY 19, 2024
In the ever-changing American housing landscapes, agents are well advised to stay attuned to shifts in affordability and flexibility trends, as these factors drive the growth and evolution of rental demand and can have a substantial impact on those servicing the real estate segment. For agents, staying informed about these developments is essential for strategic decision-making and client guidance in the coming year and beyond.
Keeping Current Matters
JANUARY 19, 2024
Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process.
Real Estate News
JANUARY 16, 2024
Baby boomer households without children own nearly 3 in 10 homes with 3+ bedrooms — millennials with children own half that amount.
Inman
JANUARY 16, 2024
Ahead of Inman Connect New York 2024, Mosaik founder and CEO Sheila Reddy talks about the future of artificial intelligence and how it can revolutionize the agent experience.
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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