Sat.Apr 20, 2024 - Fri.Apr 26, 2024

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Foreclosure Numbers Are Nothing Like the 2008 Crash

Keeping Current Matters

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

Marketing 313
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Zillow CEO: ‘Keep your head down and deliver for your customers’

Real Estate News

At the T3 Leadership Summit, Rich Barton discussed what’s in store for Zillow and the industry — and encouraged the audience to “resist the urge to chaos.

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6 ways AI and blockchain will bring more deals to real estate agents

Inman

As the real estate industry continues to evolve, embracing the transformative potential of AI and blockchain technology to gain a competitive edge.

Agents 212
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DOJ charges one of America’s top LOs in alleged mortgage fraud scheme

Housing Wire

Two former New Jersey -based mortgage loan originators have been charged with conspiracy to commit bank fraud by the U.S. Attorney’s Office, District of New Jersey according to an announcement by the U.S. Department of Justice (DOJ) and U.S. Attorney Philip Sellinger. Christopher Gallo has been noted as a top-producing loan originator, at one point being Scotsman Guide ‘s fourth-ranked LO in the country.

Mortgages 543
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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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What You Really Need To Know About Home Prices

Keeping Current Matters

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down.

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NAR deal ‘could be detrimental’ to Black agents, buyers

Real Estate News

In a conversation with Real Estate News, Dr. Courtney Johnson Rose of NAREB discussed the pros and cons of the recent settlement and upcoming rule changes.

Agents 279

More Trending

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Prices for pending home sales reach record high

Housing Wire

After a couple weeks of big jumps for mortgage rates , we’re still seeing relatively surprising strength in the housing market. In fact, some measures of home prices are now at their all-time highs, having surpassed the previous peak of two years ago. We’re watching a few key factors to see if homebuyers are backing off in the face of increased mortgage rates.

Sales 525
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Is a Multi-Generational Home Right for You?

Keeping Current Matters

Ever thought about living in the same house with your grandparents, parents, or other loved ones?

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332
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Glenn Sanford: ‘Our real goals are not domestic’

Real Estate News

During the T3 Leadership Summit, the eXp founder discussed some of his early challenges, the need for internal disruption, and his international ambitions.

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Sign a buyer brokerage agreement to see a property? No way!

Inman

Buyers and sellers are confused about the new rules of the road. Trainer Bernice Ross and Jeff Lobb discuss how agents can change up the conversation and add clarity and confidence.

Brokerage 195
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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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Finally, some healthy housing inventory growth

Housing Wire

Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25% , something I couldn’t get all last year. Of course, what is different this year versus last year is that new listing data is growing yearly instead of trending at the lowest levels recorded in history. This is something I talked about last week on Yahoo Finance.

Mortgages 512
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The Best Way To Keep Track of Mortgage Rate Trends

Keeping Current Matters

If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.

Mortgages 323
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Judge grants preliminary approval of NAR settlement

Real Estate News

A hearing for final approval is scheduled for Nov. 26. The court filing also included information about who is covered in the nationwide class action.

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CoStar to acquire 3D scanning company Matterport for $1.6B

Inman

Matterport's board of directors unanimously approved the deal, which will be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting a value of $1.6 billion.

Brokerage 195
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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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New home sales still growing from 2022 lows 

Housing Wire

New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to grow since then. This is one reason why the homebuilder stocks have done so well since November of 2022. The mistake some people made here was that in 2021 and 2022, some people believed housing was overbuilt and lacked the demographic demand to get sales to rise from such low levels in 2022.

Sales 512
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Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]

Keeping Current Matters

Did you know the equity you have in your current house can help make your move possible?

Equity 317
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What’s new and what’s next, post-NAR commissions deal?

Real Estate News

The Supreme Court passes on a chance to weigh in, objections pile up, and Fannie and Freddie say it’s all right to exclude commissions from seller concessions.

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‘Buyers are losing faith in the American Dream:’ Redfin CEO

Inman

Redfin CEO Glenn Kelman said rising rates and home prices are crushing consumer sentiment. However, rising inventory and a year-end interest rate cut will be key to restoring it.

Mortgages 189
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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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California Association of Realtors CEO resigns

Housing Wire

California Association of Realtors CEO John Sebree has departed the trade organization. In an announcement on Saturday, CAR said that Sebree was resigning to “pursue other opportunities. “On behalf of CAR’s leadership team and the Board of Directors, I’d like to thank John for his contributions and service as CEO and State Secretary for our organization.

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The Impact of Liens on Real Estate Sales

RIS Media

A property lien is not just a term but a significant factor that can influence the outcome of home sales. Essentially, a lien is a legal claim or right against a property instituted by a creditor to secure debts or obligations owed by the homeowner. Its presence is a critical aspect that both buyers and… The post The Impact of Liens on Real Estate Sales appeared first on RISMedia.

Sales 141
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HomeServices makes $250 million deal to settle commissions lawsuits

Real Estate News

The last defendant standing in the Sitzer/Burnett case reaches a whopping settlement that will protect its 70,000 agents plus brands and franchises.

Branding 269
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60-day clock begins for brokerages seeking to opt into $418M NAR deal

Inman

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered.

Brokerage 192
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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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Judge grants preliminary approval of NAR commission lawsuit settlement 

Housing Wire

The National Association of Realtors (NAR) can breathe a small sigh of relief. The trade group’s nationwide settlement of the commission lawsuits has passed its first hurdle as Judge Stephen R. Bough, who oversaw the Sitzer/Burnett lawsuit , granted preliminary approval to NAR’s settlement on Tuesday. While the agreement still must receive final approval from the court, the industry is now one step closer to operating under the new rules outlined in the settlement agreement.

MLS 497
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Why Seattle becoming the next Detroit might not be the worst thing

Seattle Times Real Estate

The challenges confronting Martin Selig, Seattle's most prolific downtown developer, are a sign of how far the city must go in recovering from the pandemic.

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NAR president to industry executives: ‘I’m sorry’

Real Estate News

“We fought as hard as we could,” said Kevin Sears this week when speaking about the settlement, its impact, and the need to change the media narrative.

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Sitzer judge grants preliminary approval for NAR settlement

Inman

Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were "fair, reasonable and adequate" and set a final approval hearing for November.

Brokerage 205
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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HUD, USDA reach accord on energy-efficiency standard for new construction

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. This fulfills a requirement laid out in a 2007 law that directs the departments to adopt the most recently published energy-efficiency standards following reviews by the U.S.

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Should You Invest for Cash Flow or Appreciation? Let’s Reevaluate in an Era of High Interest Rates

Bigger Pockets

For real estate investors, the question of cash flow versus appreciation is as old as time. However, in an era of high interest rates, buying properties for cash flow isn’t easy.

Investor 132
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Tech Bytes: T3 Sixty announces Fusion Website Award finalists

Real Estate News

Awards recognize residential real estate brokerage sites for excellence in website design, functionality and performance.

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Flat-fee brokerage Homie makes remarkable pivot amid upheaval

Inman

The Utah-based disruptor "moved our real estate agents from W2 to 1099" while other "non-Homie" agents were laid off last week due to "role redundancy," a Homie spokesperson confirmed to Inman.

Brokerage 191
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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.