RIS Media
JANUARY 8, 2024
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.
Maximum Exposure Real Estate
JANUARY 11, 2024
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.
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Real Estate News
JANUARY 8, 2024
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.
Housing Wire
JANUARY 8, 2024
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.
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.
Keeping Current Matters
JANUARY 11, 2024
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.
Brownstoner
JANUARY 9, 2024
The historic St. Lucy-St. Patrick Roman Catholic Church, which has dominated a block of Bed Stuy’s Willoughby Avenue since 1856, was being torn down in clouds of dust Monday and today to make way for housing. The demolition of the red-brick Gothic Revival church building at 920 Kent Avenue (also… Read More > The post Pre-Civil War Gothic Revival Church on Bed Stuy’s Willoughby Avenue Demolished as Locals Look On appeared first on Brownstoner.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
JANUARY 8, 2024
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.
Realty Biz
JANUARY 10, 2024
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.
Housing Wire
JANUARY 6, 2024
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.
Keeping Current Matters
JANUARY 9, 2024
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.
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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.
Real Estate News
JANUARY 9, 2024
Anywhere’s Ryan Schneider has been named the most powerful person in this year’s rankings of residential real estate’s movers and shakers.
Inman
JANUARY 8, 2024
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.
Housing Wire
JANUARY 9, 2024
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.
Keeping Current Matters
JANUARY 12, 2024
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.
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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.
Real Estate News
JANUARY 10, 2024
The brokerage’s new Private Label initiative gives teams access to Real’s platform and revenue sharing model while maintaining their independent brand.
Inman
JANUARY 10, 2024
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.
Housing Wire
JANUARY 8, 2024
Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. Home prices will be up this year by a few percentage points, also. These are very clear trends as we start the new year. 2022 started insanely strong and weakened rapidly in the second quarter. 2023 started with recovery, but slowed down in Q3 as mortgage rates hit 8%.
Keeping Current Matters
JANUARY 10, 2024
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.
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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.
Real Estate News
JANUARY 11, 2024
Realtor.com ranked the top spots for younger buyers and found that smaller towns scattered across the Northeast and Midwest hold the most potential.
Inman
JANUARY 9, 2024
A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a "significant shift" in expectations that could free homeowners from the so-called "lock-in effect.
Housing Wire
JANUARY 11, 2024
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
Keeping Current Matters
JANUARY 8, 2024
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.
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.
Real Estate News
JANUARY 6, 2024
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.
Inman
JANUARY 9, 2024
Ahead of Inman Connect New York this month, the NextHome CEO said NAR serves an important function, but needs a major fix to deal with challenges related to leadership and commission suits.
Housing Wire
JANUARY 8, 2024
National Association of Realtors President Tracy Kasper has resigned following a threat made against her, the trade group said Monday. “Kasper informed NAR’s Leadership Team that she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR,” NAR said in a written statement. “She refused to do so and instead reported the threat to law enforcement.
Calculated Risk Real Estate
JANUARY 8, 2024
From Moody’s Analytics Economists Thomas LaSalvia, Lu Chen and Nick Luettke: Apartment and Industrial Changed Course, Office Entered Uncharted Territory, and Retail in Holding Pattern Construction has been a hot topic for multifamily sector, especially after a sluggish few years due to supply chain constraints and labor shortages. As Moody’s Analytics CRE tallies Q3 completion number Multifamily performance changed course in the fourth quarter with net absorption plummeted from an av
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Real Estate News
JANUARY 10, 2024
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.
Inman
JANUARY 11, 2024
Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers.
Housing Wire
JANUARY 12, 2024
Despite the still-challenging rate environment, some homeowners might opt to bite the bullet and give up their low rate to move, according to a Redfin study. Nationwide, the share of homeowners with relatively low rates has fallen modestly from a record high of 92.8% in mid-2022. In the third quarter of 2023, 88.5% of U.S. homeowners with mortgages had an interest rate below 6%.
Bigger Pockets
JANUARY 12, 2024
In November, the 5% down Fannie Mae loan for multifamily properties was released to thunderous applause. We analyze a deal under the new program to see just how beneficial it is for investors.
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.
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