Housing Wire

NOVEMBER 14, 2024

The Congressional Budget Office (CBO) this week published a report assessing the performance of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac in reaching their single-family housing goals. The CBO found that the GSEs “met or exceeded” nearly all goals over a four-year period from 2018 to 2022. The CBO analyzed data from the Federal Housing Finance Agency (FHFA) data in its report.

Loans 538

Loans Finance Mortgages Development 538

Real Estate News

NOVEMBER 9, 2024

Robert Reffkin said “it’s only a matter of time” before Zillow becomes a national MLS. Zillow, meanwhile, advocated for a strong MLS and equal access to data.

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MLS 326

Keeping Current Matters

NOVEMBER 12, 2024

Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home.

Mortgages 312

Mortgages 312

Inman

NOVEMBER 14, 2024

The antitrust lawsuit filed by broker John Diaz in U.S. District Court in Los Angeles claims the membership agreement creates "an anti-competitive monopoly over MLS services.

MLS 183

MLS Brokerage Agents 183

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Development

Housing Wire

NOVEMBER 15, 2024

Jerome Powell , the chair of the Federal Reserve , said on Thursday that the U.S. economy is “not sending any signals that we need to be in a hurry to lower rates.” The statement was enough to raise mortgage rates to an even higher level, a sharp departure from the optimism lenders experienced during the September rally, which now seems like a distant memory.

Mortgages 531

Mortgages Equity Sales Marketing 531

Brownstoner

NOVEMBER 13, 2024

Mayor Eric Adams on Tuesday raised concerns about City Council legislation that would relieve most renters from having to pay real estate broker fees, a day before the bill is expected to pass the chamber. During his weekly off-topic news conference on Nov. 12, Adams said that while he agrees with… Read More > The post Mayor Adams raises concerns over real estate broker fee bill set to get City Council vote Wednesday appeared first on Brownstoner.

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Inman

NOVEMBER 15, 2024

The 52-story hotel at 57 East 57th Street had been shuttered during the pandemic, with the property temporarily repurposed to house first responders, only to later have its staff furloughed. However, the reason for its extended closure remains undisclosed, though reports suggest ongoing disputes between Warner and the Four Seasons Hotels and Resorts Management company, which manages the properties.

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Housing Wire

NOVEMBER 13, 2024

The U.S. finds itself in a “troubling environment” for bolstering Black homeownership as evidenced by two key — and lagging — metrics. This is according to the 2024 State of Housing in Black America (SHIBA) report published this month by the National Association of Real Estate Brokers (NAREB). “The two best-performing demographics for African Americans — Black female-headed households and millennials — both declined in home sales in 2023,” the organization explained in an announcement of the rep

Pre-approval 418

Pre-approval Mortgages Loans Finance 418

Keeping Current Matters

NOVEMBER 13, 2024

There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy.

Marketing 315

Marketing 315

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.

Industrial

Real Estate News

NOVEMBER 14, 2024

With the election over and rates appearing to stabilize, more would-be buyers were looking at homes this past week.

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The Close

NOVEMBER 13, 2024

Creating high-quality, attention-grabbing real estate videos is necessary if you want your website and content to stand out. But with so many video editing software options, it’s hard to pinpoint the best one. Whether you want to assemble your listing’s video walkthrough or introduce your agent services, I’ll help you pick the right software. I evaluated dozens of real estate video editing software providers to select the five best picks based on pricing, features, user experience, and verified

Closing 98

Closing Agents Staging Branding 98

Housing Wire

NOVEMBER 13, 2024

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. According to real estate data provider Attom , homebuyers may face more challenges heading into 2025. Attom released its October 2024 U.S. Foreclosure Market Report on Tuesday. It showed that 30,784 properties had foreclosure filings last month.

Real-estate owned 448

Real-estate owned Mortgages Closing Banks 448

Keeping Current Matters

NOVEMBER 13, 2024

There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy.

Marketing 315

Marketing 315

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Agents

RIS Media

NOVEMBER 15, 2024

Despite pushback from brokers, the city council of New York City approved a significant change to how real estate brokers and agents are paid for rentals in the city’s unique real estate market, shifting the cost to landlords, which aligns with how nearly every other metro conducts transactions. With overwhelming support from the council but… The post NYC City Council Passes Bill Forcing Landlords to Pay Own Broker Fees appeared first on RISMedia.

Agents 115

Agents Marketing Industrial 115

Real Estate News

NOVEMBER 15, 2024

Broker and real estate influencer Anthony Lamacchia told agents at NAR NXT that it’s “ridiculous” what the DOJ has been “doing to our industry” in recent years.

Brokerage 307

Brokerage Industrial Agents 307

Housing Wire

NOVEMBER 14, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for real estate agents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox.

Agents 418

Agents Brokerage Industrial Branding 418

Keeping Current Matters

NOVEMBER 11, 2024

For over 79 years, Veterans Affairs (VA) home loans have helped countless Veterans achieve the dream of homeownership.

VA loan 316

VA loan Loans 316

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Sales

Marco Santarelli

NOVEMBER 14, 2024

Are you thinking about buying a home in 2025, or maybe you're looking to invest in real estate? If so, you're probably aware that the housing market has been going through a period of change. Some experts believe a housing market crash is looming in certain areas of the country. This article aims to help you navigate these uncertain times by providing you with information about the 5 riskiest markets that could potentially face a major drop in home prices in 2025.

Marketing 110

Marketing Pre-approval Mortgages New Construction 110

Real Estate News

NOVEMBER 14, 2024

President Susan Daimler is departing after 12 years at the company, while SVP Jun Choo moves into the C-suite.

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Housing Wire

NOVEMBER 12, 2024

As 2025 approaches, state-funded down payment assistance (DPA) programs are helping veterans , service members and surviving spouses achieve their dreams of homeownership. This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. The study analyzed DPA programs from more than 1,300 housing finance agencies, municipalities, nonprofits and other organizations.

Mortgages 397

Mortgages Finance Loans Design 397

Keeping Current Matters

NOVEMBER 15, 2024

If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.

Equity 305

Equity 305

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Brokerage

Marco Santarelli

NOVEMBER 11, 2024

In a surprising twist, today's mortgage rates remain high even after the recent Fed rate cut on November 7, 2024. Despite the Federal Reserve's efforts to lower interest rates, the average 30-year fixed mortgage rate holds steady at 6.91%, and the 15-year fixed mortgage rate has seen a slight increase, now sitting at 6.19%. This situation leaves many homebuyers puzzled as they were anticipating relief from the soaring mortgage costs that have characterized the housing market.

Mortgages 98

Mortgages Investor Finance Lending 98

Fancy Pants Homes

NOVEMBER 11, 2024

Casa Exumas, a modern tropical residence with direct access to Biscayne Bay is on the market in Miami’s prestigious Bay Point neighborhood — hailed as the only true gated community on Miami’s East side with no public access. The price tag? A cool $19,750,000. Baked into the price: a highly desirable waterfront location, bragging rights to living in one of Miami’s most exclusive gated communities, an endless list of high-end amenities, and the finest finishes and design touches

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Principal Renovation Design Residential 98

Housing Wire

NOVEMBER 15, 2024

Homebuyers who are part of Generation X — primarily born between the mid 1960s and the early 1980s — should keep accessibility features in mind as they approach retirement, since Americans are increasingly looking to age in place in their own homes once their time in the workforce is complete. This is according to a recent article at the Boston Globe that took a closer look at the kinds of homes that those currently in their mid-to-late 50s may want to prioritize as they look to the future.

Design 435

Design Renovation Branding Development 435

Keeping Current Matters

NOVEMBER 14, 2024

When you’re ready to move, figuring out what to do with your house is a big decision.

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293

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.

Agents