Sat.Jan 06, 2024 - Fri.Jan 12, 2024

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Frequently Asked Questions About Home Appraisals

RIS Media

One of the most essential steps when buying a house or refinancing your existing home is the appraisal. Appraisals can make or break a real estate transaction. Appraisers have significant power in the role they perform for a mortgage lender. After all, their word is gospel. Given their importance, they must be accurate with their… The post Frequently Asked Questions About Home Appraisals appeared first on RISMedia.

Mortgages 141
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Real Estate Red Flags That Could Be Hidden When Buying a House

Maximum Exposure Real Estate

Knowing things about your home that will send potential buyers running is essential as a seller. These red flags may prevent you from selling your house, leaving your property on the market for far too long and possibly resulting in a substantial loss of money if a sale occurs. Many of these Real Estate issues […] The post Real Estate Red Flags That Could Be Hidden When Buying a House appeared first on Maximum Real Estate Exposure.

Sales 123
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NAR President Tracy Kasper, facing blackmail threat, steps down

Real Estate News

Kasper had been in the role for just over four months following the resignation of former president Kenny Parcell. Kevin Sears is taking over as president.

As-is 332
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Cyberattack at loanDepot brings systems down

Housing Wire

Top-15 U.S. mortgage lender loanDepot confirmed Monday morning that it is the industry’s latest cyberattack victim. The incident has brought loanDepot’s systems down. The California-based lender, which originated roughly $17 billion in mortgage loans from January to September 2023, said it has launched an investigation with the support of cybersecurity experts.

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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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The Dramatic Impact of Homeownership on Net Worth

Keeping Current Matters

If you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to make your decision.

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10 words to enhance your real estate communication game

Inman

Words are very powerful, writes broker Joseph Santini, so choose them carefully. You'll enjoy the rewards of great communication and more success in your business and your life.

Agents 179
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But At What Sales Price?

BubbleInfo

Over the last few years, the real estate disrupters have figured that the high-tech environment should produce an easier/cheaper way to buy and sell homes. No matter how it’s presented though, the message is clear. We’re hoping to beat the agents out of their commission.

Sales 84
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Residential Building Wages Continue to Increase

Eye on Housing

The year-over-year (YOY) growth rate for residential building worker wages decelerated to 0.6% in June 2023. Over the past five months, wage growth accelerated moderately and reached 4.0% in November. Overall, average hourly earnings for residential building workers* increased at a relatively slower pace in the past year, compared to the peak rate of 8% in October 2021.

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8 Powerful Questions From First-Time Home Sellers That Lead to Success!

Realty Biz

Selling a home for the first time is a significant learning experience. Real Estate isn't something that homeowners can master in one transaction. They must rely on professionals for guidance and expertise. Unfortunately, if the wrong real estate agent is chosen, it can lead to getting poor advice. Nobody wants that, but it's a reality. From three decades of experience as a Realtor, many home sellers make aweful choices when it comes to their real estate agent.

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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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Fewer homes will take a price cut in spring 2024

Housing Wire

Will the number of homes that take a price cut this year drop below 2023 levels? Yes! If the current trends continue into the strong seasonal pricing period, we will see fewer homes that are discounted before selling. I believe this was the most overlooked housing story of the last year because even as mortgage rates rose all the way to 8% , the home price cut percentage data was always about 4% lower year over year.

Mortgages 542
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Avoid These Common Mistakes After Applying for a Mortgage

Keeping Current Matters

If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own.

Mortgages 360
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SP 200: Real estate’s top leader, and a demographic shift

Real Estate News

Anywhere’s Ryan Schneider has been named the most powerful person in this year’s rankings of residential real estate’s movers and shakers.

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NAR President Tracy Kasper resigns, alleges blackmail

Inman

The National Association of Realtors' leader said she recently received a "threat to disclose a past personal, non-financial matter unless she compromised her position at NAR.

MLS 205
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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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Reverse mortgages could be a long-term care option: Kiplinger

Housing Wire

Among the numerous issues that retirement preparation can present to those near the end of their careers, long-term care (LTC) provides an increasingly common discussion point. One potential product that could assist in paying for LTC and its insurance could be a reverse mortgage, according to personal finance publication Kiplinger. LTC is already an expensive prospect and is projected to become a more common necessity as the U.S. population grows older in the coming years.

Mortgages 518
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What Lower Mortgage Rates Mean for Your Purchasing Power

Keeping Current Matters

If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month.

Mortgages 360
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Most agents barely making it in this ‘part-time industry’

Real Estate News

In its latest report, the CFA continues to cast a critical lens on what it sees as a bloated industry where too few agents can succeed.

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NAR, KW and HomeServices seek new trial in Sitzer | Burnett suit

Inman

The defendants point to "legal errors at trial" they say justify setting aside the jury's historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court.

MLS 202
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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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Inflation data still pointing toward rate cuts in 2024

Housing Wire

Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data , increasing a few basis points early. It’s now at 3.98% , a far cry from 5.04% as we saw last year. This, while jobless claims data is still historically low. As I have stressed time and time again, when the market believes the Federal Reserve is done hiking rates, the markets make a big move lower with the 10-year yield and mortgage r

Land 514
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Ways Your Home Equity Can Help You Reach Your Goals

Keeping Current Matters

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity.

Equity 358
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Small Town, USA best for first-time buyers

Real Estate News

Realtor.com ranked the top spots for younger buyers and found that smaller towns scattered across the Northeast and Midwest hold the most potential.

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LoanDepot is latest real estate company to be targeted by hackers

Inman

Mortgage lender says an unauthorized party accessed its systems and encrypted some of its data, a tactic employed by ransomware groups to target more than 1,000 companies and organizations.

Mortgages 200
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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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Mortgage demand picks up again: MBA

Housing Wire

Despite an uptick in mortgage rates at the beginning of 2024, mortgage demand surged after adjusting for the holiday. Mortgage applications increased 9.9% for the week ending Jan. 5 compared to one week earlier, according to data from the Mortgage Bankers Association (MBA). The 30-year fixed mortgage rate averaged 6.62% as of Jan. 4, according to Freddie Mac ’s Primary Mortgage Market Survey.

Mortgages 511
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Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Keeping Current Matters

If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.

Marketing 357
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More women than ever earn spots in real estate power ranking

Real Estate News

For the second year in a row, the Swanepoel Power 200 designated Sue Yannaccone, Anywhere Brands president and CEO, as the most powerful female leader.

Branding 301
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Jump in key inflation gauge may delay mortgage rate relief

Inman

Futures markets still hold out hope for a March rate cut, even as annual inflation increased to 3.4 percent in December, moving away from the Fed's 2 percent goal for the first time since September.

Mortgages 198
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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.