Sat.Dec 16, 2023 - Fri.Dec 22, 2023

article thumbnail

First American is the latest cybersecurity attack victim

Housing Wire

First American is the latest real estate firm to suffer a cybersecurity incident. Sources told HousingWire the incident occurred Wednesday afternoon, with First American confirming the incident Thursday morning. In a statement on the title company’s website it notes that First American has “taken certain systems offline” and that it is working to resume normal business operations as soon as possible.

Title 528
article thumbnail

Why Mortgage Rates Could Continue To Decline

Keeping Current Matters

When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed).

Mortgages 333
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 ways commissions lawsuits will change the industry

Real Estate News

Lending changes, outside-the-box compensation options and some amount of agent attrition are likely outcomes, say T3 Sixty executives.

article thumbnail

23 marketing ideas that make the most of the holiday season

Inman

Marketing and PR expert Molly McKinley offers ways that you can give back to clients and colleagues this holiday season and stay connected to those who matter most in your business.

Marketing 174
article thumbnail

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.

article thumbnail

Exclusive Agency vs. Exclusive Right in Real Estate Contracts

RIS Media

In the realm of real estate transactions, one crucial aspect that both sellers and real estate agents must carefully consider is the type of listing contract they enter into. The Exclusive Agency and exclusive right-to-sell agreements are two common types of listing contracts. These contracts define the relationship between the seller and the real estate… The post Exclusive Agency vs.

Agents 137
article thumbnail

Don’t Let These 15 Home Inspection Questions Trip Up Your Home Sale

HomeLight

Undergoing the home inspection process can be daunting for any home sale. As a homeowner ready to sell, you may feel confident about your home’s condition, but the scrutiny of a professional home inspection can bring about unexpected surprises. HomeLight spoke to Toni Vander Heyden , a top-selling agent in Rockford, Illinois , and Frank Lesh , executive director of the American Society of Home Inspectors, to answer all your burning home inspection questions upfront.

More Trending

article thumbnail

What Is CPI in Real Estate?

Bigger Pockets

Understanding the Consumer Price Index (CPI) in real estate is vital if you are a landlord or real estate investor. The CPI reflects how housing expenses—rent and utilities—impact inflation and property values. Additionally, the CPI can affect mortgage rates, making borrowing money cheaper or more expensive.

Investor 128
article thumbnail

Seattle continues to defy gravity, at least up in the sky

Seattle Times Real Estate

It turns out downtown Seattle is booming, if you know where to look, which is up. Life at street level is still ailing; Seattle's action lately is all in the sky.

108
108
article thumbnail

Brooklyn Heights One-Bedroom With Mantels, Terrace, Built-ins Asks $1.15 Million

Brownstoner

It certainly is pricey, but this one-bedroom in a lavish 1880s Brooklyn Heights dwelling has some appealing details like high ceilings, mantels, built-ins, and a private terrace. Within the Brooklyn Heights Historic District, the 25-foot-wide brick manse was home to Alfred Tredway White and Annie J. White and their descendants… Read More > The post Brooklyn Heights One-Bedroom With Mantels, Terrace, Built-ins Asks $1.15 Million appeared first on Brownstoner.

Marketing 109
article thumbnail

The Federal Reserve delivers lower rates for Christmas

Housing Wire

The Federal Reserve played the good grinch for Christmas this year and delivered the best gift for homebuyers nationwide, leading to lower mortgage rates. The 10-year yield and mortgage rates fell together after the Fed meetings, which gave us mortgage rates under 7% last week. Mortgage rates and the 10-year yield What a crazy week! Not too long ago, on jobs Friday, I was on the HousingWire Daily podcast saying it’s time to declare war on the Federal Reserve for being too restrictive; you can li

Mortgages 536
article thumbnail

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.

article thumbnail

Expert Quotes on the 2024 Housing Market Forecast

Keeping Current Matters

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024.

Marketing 340
article thumbnail

MLS leaders bond over industry shifts — and Sammy Hagar?

Real Estate News

Art Carter and Brian Donnellan, CEOs of the nation’s largest MLSs, are pals as well as colleagues, walking the talk of collaboration in challenging times.

MLS 282
article thumbnail

Leaders in luxury: Mayi and Daniel de la Vega

Inman

How one family turned their brokerage into a beacon of innovation and excellence. Mother-son team Mayi and Daniel de la Vega have led ONE Sotheby’s International Realty to emerge as the definitive luxury leader representing Florida’s East Coast.

Brokerage 200
article thumbnail

New home sales market welcomes lower mortgage rates

Housing Wire

New home sales missed sales estimates , but the builders’ stocks have been roaring higher. What gives? There are two key things to remember before I go into the report’s details. Mortgage rates rising to 8% in October impacted the data line, which I spoke about on CNBC recently. Also, new home sales are notorious for big positive and negative prints that tend to get revised.

Sales 529
article thumbnail

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.

article thumbnail

Sell Smarter: Why Working with a Real Estate Agent May Beat Going Solo

Keeping Current Matters

If you're thinking about selling your house on your own, called “For Sale by Owner” or FSBO, there are some important things to consider.

Agents 337
article thumbnail

DOJ still not satisfied with proposed MLS PIN settlement

Real Estate News

The Department of Justice has inserted itself — again — in the Nosalek buyer-broker commissions case ahead of final settlement approval.

MLS 279
article thumbnail

Loan subservicer Dovenmuehle Mortgage laying off 212 workers

Inman

Illinois-based Dovenmuehle Mortgage, which collects monthly payments from homeowners in all 50 states on behalf of lenders and investors, says it's cutting HQ staff but not closing down.

Mortgages 194
article thumbnail

Housing starts flexes single-family muscle

Housing Wire

Boom! Housing starts had an epic beat Tuesday, which usually means the data will get revised lower at some point, but one thing is for sure: the housing starts and new home sales sector came to throw shade at the 2023 recession crowd. Many say housing leads the economy into a recession, which has been the case for decades since higher rates tend to put the U.S. economy into a recession.

article thumbnail

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.

article thumbnail

Why Now Is Still a Great Time To Sell Your House

Keeping Current Matters

If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there.

Mortgages 334
article thumbnail

What happens with mortgages if there’s a recession?

Real Estate News

Even if the hoped-for economic “soft landing” isn’t so soft, don’t expect to see a wave of short sales and foreclosures next year.

article thumbnail

Top 11 reasons homeowners should sell during the holidays

Inman

Don't let sellers put off listing until 2024. Coach Darryl Davis says it's time to share the good news about hitting the market during the holiday season.

Marketing 193
article thumbnail

Mortgage rates continue trending down before Christmas

Housing Wire

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This week’s dip is the largest weekly drop since November 2022. The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down from last week’s 6.95% and up from 6.27% the same week a year ago.

Mortgages 511
article thumbnail

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.

article thumbnail

Get Your House Ready To Sell This Winter [INFOGRAPHIC]

Keeping Current Matters

As you get ready to sell your house, there are a few things you should add to your to-do list to make it inviting and boost curb appeal.

311
311
article thumbnail

Cyberattack hits major title insurance firm

Real Estate News

First American Financial is the latest real estate service provider to be targeted by hackers.

Title 255
article thumbnail

Zillow unveils top 10 markets where people dreamed of moving in 2023

Inman

The real estate portal pulled user search data and other metrics to find the top markets where people looked to move to in 2023.

Marketing 190
article thumbnail

Builders cheer up as mortgage rates fall

Housing Wire

A decline in mortgage rates since November helped end four months of declines in builder confidence. Recent economic readings suggest improving housing conditions in 2024. Builder confidence gained three points to 37 in December, the first monthly increase since July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Mortgages 497
article thumbnail

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.

article thumbnail

Reasons For a Property Survey

RIS Media

Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one, and what it entails.… The post Reasons For a Property Survey appeared first on RISMedia.

Land 138
article thumbnail

Jason Gesing steps away from eXp board, sells stock

Real Estate News

The former eXp CEO is resigning from the company’s board and reported selling 60,000 shares of company stock last week.

254
254
article thumbnail

First American Financial warns clients to watch out for fake emails

Inman

Two days after being hit by a cyberattack, the title insurance giant says it's still trying to restore operations and warns clients that it's taken its email system offline.

Title 190
article thumbnail

5 trends that will reshape the real estate market in 2024

Housing Wire

The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving consumer behaviors. 1. Technology 2024: Proptech challenges and profitability pursuit The proptech sector, a technological cornerstone of the real estate space heavily reliant on venture capital, has encountered formidable challenges in the past year.

Marketing 493
article thumbnail

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.