Housing Wire
NOVEMBER 19, 2024
We heard a lot about the need for millions of new homes during the run-up to the election, so I can imagine how shocked some people are to see today’s report on housing starts and permits at recession levels. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate (mortgage rates) should be higher.
Real Estate News
NOVEMBER 18, 2024
Leaders spent thousands on Hamilton tickets and other luxuries with corporate credit cards, as former execs stayed on the payroll, The New York Times reported.
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Keeping Current Matters
NOVEMBER 22, 2024
If you’re planning to list your house in 2025, it’s already time to start working on any repairs. But where do you start?
Inman
NOVEMBER 18, 2024
Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat.
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Housing Wire
NOVEMBER 18, 2024
What will the housing market look like in 2025? We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Last week, there were 9% more newly pending home sales than the same week a year ago and home sales are ticking down for the season.
Real Estate News
NOVEMBER 19, 2024
The new, lower-cost program also includes access to legal forms and training, and is being rolled out as NAR’s three-way agreement faces greater scrutiny.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
NOVEMBER 21, 2024
Annual existing-home sales increased for the first time in more than three years in October, according to the National Association of Realtors. "The worst of the downturn in home sales could be over.
Housing Wire
NOVEMBER 22, 2024
As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024, representing a small change after four years of fluctuations.
Real Estate News
NOVEMBER 22, 2024
Chronic undersupply has led to an affordability crisis, but real estate professionals can help by supporting new development in their communities, experts say.
Keeping Current Matters
NOVEMBER 20, 2024
If you’ve been keeping an eye on mortgage rates lately, you might feel like you’re on a roller coaster ride.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
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Inman
NOVEMBER 21, 2024
Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year.
Housing Wire
NOVEMBER 20, 2024
Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. As real estate agents adjust to sweeping changes brought by the commission lawsuit settlement, a new report from discount brokerage Clever Real Estate reveals one thing hasn’t shifted: Americans still overwhelmingly trust full-service agents to sell their homes.
Real Estate News
NOVEMBER 21, 2024
The turnaround for existing sales came at a time when mortgage rates were closer to 6%. With rates on the rise, economists are dialing back sales forecasts.
Keeping Current Matters
NOVEMBER 21, 2024
With rising home prices and volatile mortgage rates, it’s important you know about every resource that could help make buying a home possible.
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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.
Inman
NOVEMBER 21, 2024
Over 491,000 homesellers have filed claims for a portion of the $700 million raised by real estate settlements in Sitzer, with more to come before May 2025 deadline.
Housing Wire
NOVEMBER 21, 2024
Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast , which predicted 2.33% home-price growth for 2024. However, that didn’t happen. The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of tim
Real Estate News
NOVEMBER 20, 2024
The reversal follows 14 years of larger gains for homes in high-risk areas, suggesting that buyers may be less willing to move to disaster-prone regions.
Keeping Current Matters
NOVEMBER 19, 2024
Let’s be real – buying a home right now is tough.
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Inman
NOVEMBER 19, 2024
Zillow releases a new “BuyAbility” tool it says helps consumers find homes they can actually afford to buy after accounting for more variables.
Housing Wire
NOVEMBER 22, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. The real estate market is constantly shifting, and today’s market calls for agents to return to the more tried-and-true marketing strategies. While the post-COVID market saw homes selling at record speeds, recent changes have shown us the importance of foundational tactics for success.
Real Estate News
NOVEMBER 19, 2024
The National Association of Hispanic Real Estate Professionals says the much-debated policy “helps ensure all buyers have equal access to available properties.
Calculated Risk Real Estate
NOVEMBER 22, 2024
Towards the end of each year, I collect some housing forecasts for the following year - and also provide my own outlook. Several more forecast will be available in early December. It is early, but for comparison, new home sales in 2024 will probably be around 705 thousand, up from 666 thousand in 2023. Total housing starts will be around 1.35 million in 2024, down from 1.42 million in 2023.
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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.
Inman
NOVEMBER 18, 2024
In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy.
Housing Wire
NOVEMBER 21, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. When it comes to selling real estate, communication and timing can make or break your success.
Real Estate News
NOVEMBER 18, 2024
The construction industry expects the new administration to loosen regulations, which could boost sales, though other challenges remain.
Estate Agent Today
NOVEMBER 21, 2024
Stamp Duty changes will hold back house price growth next year, Zoopla claims.
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.
Inman
NOVEMBER 22, 2024
Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost.
Housing Wire
NOVEMBER 19, 2024
The Bipartisan Congressional Real Estate Caucus is calling on the Federal Housing Finance Agency (FHFA) to cease its pilot program for title insurance waivers until the program is vetted and the agency seeks public input on it. The caucus expressed this view in a letter written by Reps. Lou Correa (D-Calif.), Mark Alford (R-Mo.), Tracey Mann (R-Kan.) and Brittany Pettersen (D-Colo.) and sent to FHFA Director Sandra Thompson on Monday.
Real Estate News
NOVEMBER 21, 2024
For clients, getting an offer accepted might seem like the end of the homebuying process. A new guide from NAR helps explain all the steps that follow.
Estate Agent Today
NOVEMBER 20, 2024
The Government doesn’t have annual housebuilding targets but is confident that it will provide 1.5m new homes over the next five years, the Housing Minister has revealed.
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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