Housing Wire
OCTOBER 17, 2024
The U.S. economy appears to be on firmer footing than previously thought, mortgage rates are forecast to end 2024 at 6% and home-price growth is also on the move. These are conclusions drawn by economists at Fannie Mae ‘s Economic and Strategic Research (ESR) Group. They’re now projecting gross domestic product (GDP) growth to fall from 3.2% in 2023 to 2.3% in 2024 and 2% in 2025.
Real Estate News
OCTOBER 17, 2024
The DANGER Report took a “frank and sometimes searing” look at the risks facing agents, brokers, associations, MLSs and the National Association of Realtors.
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Inman
OCTOBER 17, 2024
The mobile-forward fintech company that marries real estate investment search and analysis with streamlined financing has raised a $184 million through two private credit funds, one a $30M of equity, the other is asset-backed financing of $154 million.
Marco Santarelli
OCTOBER 13, 2024
Ever dreamed of building a serious real estate portfolio? Finding the 10 best real estate markets for investors is the first step to making that dream a reality. It's not just about luck; it's about smart choices, solid research, and knowing where the opportunities are hiding. This guide dives deep into ten markets currently showing impressive growth potential for investors, but remember: real estate investment involves risk.
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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.
Housing Wire
OCTOBER 14, 2024
The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
OCTOBER 12, 2024
If you’re looking to get more eyes (of newt!) on your listings, bewitch the neighborhood and cast a spell on the right buyer, try these spooktacular Halloween listing marketing ideas from Darryl Davis.
Keeping Current Matters
OCTOBER 18, 2024
You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.
Housing Wire
OCTOBER 15, 2024
The Federal Communications Commission (FCC) — the regulatory body that oversees communications across a wide variety of media including radio, telephone and the internet — announced that new rules related to the Telephone Consumer Protection Act (TCPA) will go into effect in April 2025. The new guidelines are designed to make it easier for consumers to revoke consent for unwanted robocalls and texts.
Real Estate News
OCTOBER 16, 2024
A range of competing factors are driving volatility in rates, making it harder to forecast their direction — but they're likely to decline further this year.
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.
RIS Media
OCTOBER 15, 2024
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Halloween presents a fantastic opportunity to inject fun and creativity in your real estate marketing efforts. Whether through spooky virtual tours, in-person Halloween-themed open houses or trick-or-treat events… The post Social Skills: Adding a Spooky Twist to Your Property Showings appeared first on RISMedia.
Keeping Current Matters
OCTOBER 15, 2024
For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes.
Housing Wire
OCTOBER 15, 2024
Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama , metro area. The agreement, which was submitted for court approval, requires the Madison, Wisconsin-based mortgage lender to pay a $1.9 million civil penalty.
Real Estate News
OCTOBER 15, 2024
“People are buying” — and living in — these futuristic homes, with dozens sold at a community in Texas, and more widespread adoption expected in five years
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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.
Marco Santarelli
OCTOBER 13, 2024
When talking about real estate , certain cities emerge as benchmarks of opulence and exclusivity. The most expensive real estate markets in the world not only highlight exorbitant property prices but also embody a lifestyle that draws the elite to their doors. According to the 2024 Knight Frank Wealth Report , Monaco stands out as the premier location, where $1 million yields a mere 172 square feet of property.
Keeping Current Matters
OCTOBER 16, 2024
Did you know? Homeowners are often able to put more money down when they buy their next home.
Housing Wire
OCTOBER 18, 2024
California-based Provident Funding Associates LLC is getting out of the Florida condo lending business , it told broker partners on Friday. In an email sent Friday morning, Provident said that it would “no longer be accepting new applications for condominiums ” effective that day. Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m.
Real Estate News
OCTOBER 15, 2024
A new statement from the agency suggests that when information is shared only among competitors — like trade group members — it sets off antitrust alarm bells.
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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.
RIS Media
OCTOBER 14, 2024
Over the past few months, Tanya Monestier, a University at Buffalo law professor who also describes herself as a consumer advocate, has written some scathing commentaries and critiques of industry practices—specifically focused on new buyer agreements that have been crafted or updated to satisfy the National Association of REALTORS®’ (NAR) settlement mandate.
Keeping Current Matters
OCTOBER 17, 2024
Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall.
Housing Wire
OCTOBER 18, 2024
As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. With higher rates, lower transaction volumes usually plague the industry, translating to fewer appraisals as homeowners hunker down with their lower rates.
Real Estate News
OCTOBER 16, 2024
A panel of industry veterans debated the policy and discussed various scenarios for residential real estate should the CCP be repealed.
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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.
RIS Media
OCTOBER 18, 2024
On the heels of two consecutive months of homebuilder confidence increases that broke a four-month streak of drops, the latest data on single-family housing starts and permits from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development bears that sentiment out. According to the bureau’s September Monthly New Residential Construction report,… The post Positive Signs: Single-Family New Construction, Permits Rise in September appeared first on RISMedia.
Keeping Current Matters
OCTOBER 14, 2024
If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome.
Housing Wire
OCTOBER 15, 2024
Fannie Mae on Tuesday announced enhancements to its Expanded Housing Choice (EHC) initiative, opening it up to all jurisdictions without source-of-income protections. The government-sponsored enterprise (GSE) said the Housing Choice Voucher program, which launched in 2022, assists very low-income families, seniors and people with disabilities in being able to afford stable and quality housing in the private market.
Real Estate News
OCTOBER 15, 2024
Nearly a quarter of first-time buyers may wait even longer, to see if down payment help or other candidate promises materialize in 2025, a Redfin survey found.
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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