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.
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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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.
Keeping Current Matters
NOVEMBER 18, 2024
If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market.
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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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
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?
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
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.
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.
Propmodo
NOVEMBER 16, 2024
It’s hard to find any real estate area where artificial intelligence isn’t emerging as a transformational force. Just like property management or brokerage, more real estate legal teams are also considering using AI to streamline workflows. AI may soon reshape how commercial real estate companies manage legal tasks, from drafting contracts to analyzing complex documents.
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.
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.
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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.
BAM Media
NOVEMBER 18, 2024
The New York Times isn’t finished with its investigative reports on the National Association of Realtors (NAR). Last year, journalist Debra Kamin exposed allegations of sexual harassment and a toxic work environment within NAR, amplifying widespread scrutiny at a time when NAR was already dealing with multiple lawsuits and an investigation with the DOJ.
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.
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.
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RIS Media
NOVEMBER 22, 2024
Real estate data provider PropStream has announced an update to its interface, including new search filters, datasets and enhanced search capabilities. The company says its UX/UI update was designed with efficiency and ease of use in mind, redefining how PropStream users can search, save and study properties on PropStream. Plus, the platform has added several… The post PropStream Announces an Enhanced Interface and New, Highly Requested Search Filters appeared first on RISMedia.
Keeping Current Matters
NOVEMBER 19, 2024
Let’s be real – buying a home right now is tough.
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 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.
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RIS Media
NOVEMBER 22, 2024
The real estate software firm and data provider PropStream has announced its latest platform enhancement: PropStream Intelligence. Driven by machine learning and predictive analytics, PropStream Intelligence is designed to help real estate professionals find leads. The tool’s features include: Property Condition Analysis: Uncover a property’s condition at a glance using a strategic grading system, as… The post PropStream Unveils New Predictive AI Tool: PropStream Intelligence appeared fir
Brownstoner
NOVEMBER 21, 2024
An affordable housing lottery has launched for an under-construction nine-story, 214-unit building on Gowanus' 3rd Avenue, the latest lottery to go live for a development that benefits from the area’s rezoning. Taking up the whole block along 3rd Avenue between Union and Sackett, the Union Channel Apartments features a rooftop… Read More > The post Affordable Housing Lottery Opens in Gowanus With Units From $848 appeared first on Brownstoner.
Housing Wire
NOVEMBER 22, 2024
As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Fix-and-flip lender Kiavi , in partnership with John Burns Research and Consulting , released its Q3 2024 fix-and-flip market report this week.
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.
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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