What To Know About Closing Costs
Keeping Current Matters
SEPTEMBER 12, 2024
Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process.
Sat.Sep 07, 2024 - Fri.Sep 13, 2024
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Mortgage rates drop to another new low for 2024
Housing Wire
SEPTEMBER 11, 2024
On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. How low? Mortgage News Daily came out with a shocking print of 6.11% mortgage rates for their top-tier borrowers, while HousingWire’s Mortgage Rates Center , which tracks actual loan lock data from Polly , is also at a year-to-date low of 6.44%.
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Trending Sources
Mortgage rates flirt with 6% — your move, Fed
Real Estate News
SEPTEMBER 12, 2024
The downward trend hasn’t fired up buyers (yet), but predictions of more cuts this year could move rates closer to 5% and amp up the market next spring.
Investors’ expectations for big Fed rate cut rise on new data releases
Inman
SEPTEMBER 13, 2024
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week's "dot plot" says about expectations for the pace of future cuts.
The Broker Action Plan for the Post-NAR Lawsuit Landscape
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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.
Why Pre-Approval Should Be at the Top of Your Homebuying To-Do List
Keeping Current Matters
SEPTEMBER 10, 2024
Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market.
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More Trending
Curbio to pay $7.5 million to settle lawsuit
Real Estate News
SEPTEMBER 13, 2024
The pre-sale renovation company, which got early support from NAR, also will change its marketing and be more transparent about its deals with agents.
California MLS MetroList debuts AI-based voice search
Inman
SEPTEMBER 12, 2024
The search platform is already live on the multiple listing service's website and comes amid a growing interest in using artificial intelligence to improve consumer home searches
The Real Story Behind What’s Happening with Home Prices
Keeping Current Matters
SEPTEMBER 11, 2024
If you’re wondering what’s going on with home prices lately, you’re definitely not the only one.
The average homeowner just gained another $25K in equity
Housing Wire
SEPTEMBER 12, 2024
Home equity continued to rise in the second quarter of 2024 as residential properties with mortgages collectively gained $1.3 trillion in equity over the past year. But growth began to slow during these three months, according to the CoreLogic Homeowner Equity Insights report published on Thursday. The aggregate equity gain was 8% year over year, bringing total equity on mortgaged properties to more than $17.6 trillion at the end of Q2 2024.
Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth
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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.
Record share of consumers expect mortgage rates to fall
Real Estate News
SEPTEMBER 9, 2024
A Fannie Mae survey found that despite sour attitudes about homebuying, there’s hope that rates and prices will decline — and a geographic divide over selling.
Meet Emmy-nominated reality TV star and agent Mercedes Javid
Inman
SEPTEMBER 13, 2024
The Emmys were Sunday night, and "The Traitors" was nominated. Get to know cast member, former star of Bravo’s "Shahs of Sunset" and 20-year real estate veteran Mercedes "MJ" Javid.
The Surprising Amount of Home Equity You’ve Gained over the Years
Keeping Current Matters
SEPTEMBER 9, 2024
There are a number of reasons you may be thinking about selling your house.
The fall housing market could see hotter competition, Zillow says
Housing Wire
SEPTEMBER 12, 2024
Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season. That’s according to a Zillow report released Thursday in which the Seattle -based real estate company said that “lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year.“ Zillow noted that the U.S. median monthly mortgage payment in August had declined by mo
Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Data shares expand in the Southeast, renew in Colorado
Real Estate News
SEPTEMBER 7, 2024
Agents in four states — Tennessee, Georgia and the Carolinas — can now access 1.9 million shared listings, while REcolorado and IRES re-up their partnership.
Rate has now taken 10K loan applications en Español
Inman
SEPTEMBER 12, 2024
DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals (NAHREP)
Locals Clash Over Arrow Linen Site’s Future at Raucous Community Hearing
Brownstoner
SEPTEMBER 10, 2024
It was standing room only, and barely any of that, at a heated two and a half hour public hearing on the Arrow Linen rezoning application in South Slope held by Community Board 7 last night, where 29 residents had the chance to speak to the crowd and many others… Read More > The post Locals Clash Over Arrow Linen Site’s Future at Raucous Community Hearing appeared first on Brownstoner.
Logan Mohtashami talks recession concerns, home affordability with the ’Real Estate Insiders’
Housing Wire
SEPTEMBER 12, 2024
In a recent episode of the “Real Estate Insiders Unfiltered” podcast, co-hosts James Dwiggins and Keith Robinson chat with HousingWire Lead Analyst Logan Mohtashami to discuss a variety of issues — including pending concerns of a recession , mortgage rates and housing affordability issues that persist across the country. Mohtashami has worked in the mortgage and real estate industries since 1996, and he takes pride in his ability to quickly decipher data, form opinions and deliver actionable ins
Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys
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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.
Exclusive listings on the MLS? Here’s how Bright is doing it
Real Estate News
SEPTEMBER 13, 2024
The nation’s second-largest multiple listing service has been making it easier to enter the data (and keep it private). Is this the wave of the future?
Clear Cooperation takes center stage, faces pressure to change
Inman
SEPTEMBER 10, 2024
Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry's most polarizing rules.
Where are Laundry Rooms Located?
Eye on Housing
SEPTEMBER 11, 2024
In 2023, the majority of homes started featured laundry connections on the first floor (72%), according to the Census’s Survey of Construction. Laundry located on the second floor or higher was the second most prevalent at 26%. The basement, garage, and other locations all had a 1% or lower share. In NAHB’s What Home Buyer’s.
Refinance demand is up, but most borrowers lack incentive
Housing Wire
SEPTEMBER 11, 2024
Mortgage rates have declined for six straight weeks, pushing loan application volume up 1.4% during the week ending Sept. 6, according to the Mortgage Bankers Association (MBA). The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. — found that the seasonally adjusted refinance index increased 1% from the previous week and was 106% higher than the same week a year ago.
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.
Clear Cooperation: ‘Imperative’ or legal risk?
Real Estate News
SEPTEMBER 11, 2024
The future of private listings and MLS integrity is at stake as a key NAR committee meets this week to hear arguments about keeping — or scrapping — the policy.
The code of the west: Why ranchers excel as real estate pros
Inman
SEPTEMBER 9, 2024
Ranchers turned real estate advisors offer unmatched expertise in land and ranch sales, expertly navigating complex transactions with deep knowledge of regulations, natural resources and property nuances.
Buyer Agent Playbook: 3 Reasons Clients Must Buy Now Instead of Waiting
RIS Media
SEPTEMBER 12, 2024
As Tom Petty sang, “The waiting is the hardest part.” Was he referring to homebuyer hopefuls? Not sure, but either way, it’s almost go-time for those who’ve waited patiently for mortgage rates to finally begin a downward trajectory after years of staying in the high sixes, sevens and even briefly the eights. Inflation has cooled,… The post Buyer Agent Playbook: 3 Reasons Clients Must Buy Now Instead of Waiting appeared first on RISMedia.
Berkshire Hathaway leader talks brokerage growth plans, NAR policy changes
Housing Wire
SEPTEMBER 11, 2024
On a recent episode of the RealTrending podcast , host Tracey Velt has a tantalizing conversation with Luis Carrion, CEO and chairman of Berkshire Hathaway HomeServices California Properties. Carrion was recently chosen as a 2024 RealTrends GameChanger based on his company’s five-year growth rate in transaction sides. Carrion also leads the firm’s office sales and investment advisory group.
Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You
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Revise or remove Clear Cooperation, most industry pros say
Real Estate News
SEPTEMBER 10, 2024
According to a recent WAV Group poll of real estate professionals, only 28% want to keep the policy as-is, with many citing concerns over litigation.
Agents say business as usual since Aug. 17 — but signs of strain ahead
Inman
SEPTEMBER 9, 2024
While most reported normal activity in the weeks after the commission rules took effect, some saw an uptick in listing clients refusing to pay buyers' fees, new Inman Intel Index results show.
2024’s Best Time to Buy Fast Approaches, Realtor.com® Reports
RIS Media
SEPTEMBER 13, 2024
For agents still looking for a boom in their business in 2024, fear not! This year’s best time to buy looks to be the first week of October, according to a new report from Realtor.com®. Realtor.com’s 6th annual Best Time to Buy report predicts that Sept. 29 – Oct. 5 is going to be 2024’s… The post 2024’s Best Time to Buy Fast Approaches, Realtor.com® Reports appeared first on RISMedia.
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