Housing Wire
AUGUST 10, 2024
Have lower mortgage rates positively impacted the housing demand data yet? Some people have been very disappointed with the data so far, so I wanted to take an in-depth look with this week’s tracker to see what lower rates have done to these key data lines. Let’s look at two of those data lines today to see if we can spot a positive trend.
Inman
AUGUST 12, 2024
The plaintiffs protest "compulsory" Realtor membership to access the MLS after the removal of "the guaranteed broker commission" from the MLS.
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Real Estate News
AUGUST 15, 2024
In a webinar for agents, Real’s president discussed rule changes and best practices, noting that more than a third of agents don’t even know about the lawsuits.
Keeping Current Matters
AUGUST 15, 2024
When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle.
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Housing Wire
AUGUST 16, 2024
One key data line that is flagging a path to recession is the loss of residential construction workers. The number of workers who build single-family and multifamily homes and do remodeling work tend to decline before every recession as higher interest rates dispositionally impact the economy through housing. While the unemployment rate has increased recently , jobless claims have yet to rise to a level that warrants a job-loss recession.
Inman
AUGUST 13, 2024
With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
AUGUST 13, 2024
Over the past couple of years, a lot of people have had a hard time buying a home.
Housing Wire
AUGUST 12, 2024
There are just five days to go until the business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement , but the trade association is not out of the lawsuit woods just yet. In a lawsuit filed on Monday by Douglas Hardy, Glenn Champion and Dylan Tent in U.S. District Court for the Eastern District of Michigan , the plaintiffs claim the requirement that all Realtors and brokers in Michigan be member of NAR, their state Realtor
Inman
AUGUST 12, 2024
Here’s how you can effectively guide your clients to the right financing options for their dream vacation home.
Real Estate News
AUGUST 13, 2024
The Keller-Williams co-founder told a crowd of the faithful that he sees a soft landing for the economy and success for agents who are ‘ready to jump’ in 2025.
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.
Keeping Current Matters
AUGUST 16, 2024
The housing market is in a transition. And that gives you 3 key opportunities going into the fall.
Housing Wire
AUGUST 14, 2024
Mortgage rates continued to recede during the past week, with the market anticipating a Federal Reserve rate cut next month and the U.S. economy showing signs of weakening. At HousingWire ‘s Mortgage Rates Center , the 30-year conforming loan rate averaged 6.66% on Wednesday. That was 11 basis points (bps) lower than a week ago and 35 bps lower than two weeks ago.
Inman
AUGUST 15, 2024
The association aims to offer an alternative to NAR and is launching its membership program when there is a "lot of dissatisfaction with the status quo," according to one co-founder.
Real Estate News
AUGUST 15, 2024
On the Real Estate Insiders Unfiltered podcast, Nykia Wright pleaded with real estate pros to keep complaints in the family while pledging to earn their trust.
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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.
Keeping Current Matters
AUGUST 12, 2024
One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year.
Housing Wire
AUGUST 13, 2024
Refinance activity last week hit its highest level since August 2022, when mortgage rates were closer to 5%. But it’s far too early to celebrate. Refinance activity received a major boost last week as mortgage rates declined on the back of expectations that the Federal Reserve will cut interest rates and a possible recession looms. The dollar volume of refinance applications increased 32.8% for the week ending Aug. 9 from the previous week, according to Fannie Mae ’s Refinance Application-
Inman
AUGUST 10, 2024
The Consumer Federation of America raised eyebrows and hackles with its advice to pay only the equivalent of a 2 percent commission for both real estate purchases and sales.
Real Estate News
AUGUST 14, 2024
Ryan Schneider tells Real Estate News that being the “first mover and the fastest learner” helped the brokerage prepare its agents for the changes ahead.
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Keeping Current Matters
AUGUST 14, 2024
In recent years, there’s been a significant shift in how wealth is distributed among generations.
Housing Wire
AUGUST 16, 2024
In my work, I talk with many seniors. Many are reluctant to leave their homes even when those homes are no longer suitable for their needs. Sometimes, the concern is emotional, but more often than not, it’s financial. What happens if they sell their current home but can’t cover the costs of a new place, especially in a market characterized by record-high home prices?
Inman
AUGUST 16, 2024
A record 8.5 percent of all U.S. homes are worth $1 million or more, up from 7.6 percent last year and 4 percent before the pandemic, according to a new Redfin analysis. California is adding them faster than other states.
Real Estate News
AUGUST 10, 2024
For some agents, going above and beyond is just part of the territory — and can be the key to closing the deal.
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RIS Media
AUGUST 12, 2024
Interest rates are critical in the real estate market, especially in selling condominiums. Understanding this impact can help buyers, sellers and investors make informed decisions. Introduction to interest rates and condo sales Interest rates are the cost of borrowing money, typically expressed as an annual percentage of the loan amount. They influence the affordability of… The post The Impact of Interest Rates on Condo Sales appeared first on RISMedia.
Housing Wire
AUGUST 16, 2024
Housing completions were yet again the only bright spot in housing starts data released Friday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). In July, privately owned housing starts were at a seasonally adjusted annual rate of 1.238 million units, down 6.8% from June and down 16% compared to a year ago.
Inman
AUGUST 15, 2024
Olympic gold medalist Simone Biles isn't sitting back and relaxing after a successful run at the 2024 Paris Olympic Games. Now that the gymnast is back in Texas, she is returning to the ongoing construction of her dream mansion.
Real Estate News
AUGUST 16, 2024
Consolidation has slowed, and data sharing is on the rise. Some members fear more competition for listings, but for MLSs, it’s “an expansion-based opportunity.
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.
RIS Media
AUGUST 15, 2024
Selling a condo involves unique challenges and considerations. My guide will explore navigating HOA rules, understanding special assessments and necessary disclosures. I will also provide insights on how long it takes to sell a condo and the best times based on location and seasonality. From my thirty-eight years of experience, you will also get specific… The post Common Challenges in Selling a Condo: A Comprehensive Guide appeared first on RISMedia.
Housing Wire
AUGUST 14, 2024
Wednesday’s Consumer Price Index (CPI) inflation report for July came in as expected — and it gives a clear pathway for the Federal Reserve to cut benchmark rates for the first time since starting its aggressive rate-hike cycle in early 2022. The history of global pandemics shows inflation rising at first, as supply chains don’t operate well in this environment, but disinflation happens after that.
Inman
AUGUST 10, 2024
The wisest thing you can do is learn from the mistakes of others, especially when it comes to long-term career decisions that are hard to reverse, Mainframe founder and CEO Sean Frank writes.
Real Estate News
AUGUST 15, 2024
Mortgage rates were relatively flat this week, remaining just under 6.5%, but buyers appear to be biding their time and waiting to see if rates fall further.
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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