Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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Climate risk is rising. It calls for a rethinking of home insurance coverage

Housing Wire

Climate change is increasing the intensity and severity of natural disasters. It’s resulting in calls to reimagine the costs of homeowners insurance (Image generated by AI in Midjourney) As the planet warms and extreme weather intensifies, the rising cost of homeowners insurance is stopping real estate deals in their tracks. In just the past two months, two major hurricanes battered Florida, inflicting physical and financial damage that is projected to exceed $100 billion.

Design 482
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Real continues its rise, focused ‘on what we can control’

Real Estate News

The company says its innovative AI and financial products give it an edge as it increases revenue and agent count despite a difficult housing market.

Agents 300
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Renting vs. Buying: The Net Worth Gap You Need To See

Keeping Current Matters

Trying to decide between renting or buying a home?

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Opendoor lays off 300 workers after posting $78M Q3 loss

Inman

The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14 percent from Q2 and 26 percent from a year ago.

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The 2025 Real Estate Roadmap to Success

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.

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Arizona has become a top choice for those fleeing California

Housing Wire

In efforts to escape “sky-high real estate prices” and rising costs of living, California residents are favoring Arizona as a top relocation destination behind only Texas. That’s according to a report released Monday by StorageCafe , a national marketplace for storage space and an affiliate of real estate data provider Yardi. The report reviewed U.S.

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Search by beds, baths — and who your neighbors voted for

Real Estate News

Home listings on the Flyhomes search portal now show the breakdown of recent presidential and congressional voting trends in any given community.

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More Trending

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EXp punches back over criticism of ‘sweetheart’ commission deal

Inman

The virtual brokerage argued Tuesday that it's settlement wasn't too small, and asked a court to reject attempts to force it back to the negotiating table.

Brokerage 173
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Two years after fleeing to the suburbs, homebuyers have flocked back to cities

Housing Wire

The COVID-19 pandemic impacted the housing market like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse. That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends. When the pandemic began in the spring of 2020, wealthy residents of urban centers like New York City and San Francisco packed their bags for rural areas and small to

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The election is over — what does it mean for interest rates?

Real Estate News

In the short term, expect "rising and more unpredictable mortgage rates." But the Fed will likely stay the course and issue a modest rate cut this week.

Mortgages 272
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Why You Need an Agent To Set the Right Asking Price

Keeping Current Matters

The #1 task sellers struggle with is setting the right asking price for their house.

Agents 249
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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First-time homebuyers fell further behind this year, NAR says

Inman

The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report.

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Here’s what buyers and sellers want from their real estate agent

Housing Wire

The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. A new report from the National Association of Realtors (NAR) surveyed buyers and sellers on what they want from their real estate agents.

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Zillow sees big revenue boost as it continues to beat expectations

Real Estate News

Growth across all major divisions, which the company attributed to strong conversions and agent partnerships, produced double-digit gains in the third quarter.

Agents 268
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What To Look For From This Week’s Fed Meeting

Keeping Current Matters

You may be hearing a lot of talk about the Federal Reserve (the Fed) and how their actions will impact the housing market right now. Here’s why.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Zillow: No-commingling rule should be repealed, not Clear Cooperation

Inman

Zillow Chief Industry Development Officer Errol Samuelson discussed NAR's no-commingling rule and Clear Cooperation — and how the fight to save the latter is key to preserving consumer choice.

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Surging home prices lead more Americans to stay in the renter pool

Housing Wire

As the cost of buying a home has risen faster than the cost of renting for the past four quarters, it’s no surprise that renter households are witnessing more growth than their owner-occupied counterparts. The surge in renter households is outpacing the growth of homeowners in the U.S., as there are now a record 45.6 million renters. That was up 2.7% year over year, according to a new Redfin report.

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Federal housing leaders want to see 'bold action'

Real Estate News

HUD and FHFA executives spoke recently about ways the federal government should get more involved in issues like zoning, mortgages, insurance and appraisals.

Mortgages 255
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Expect the Unexpected: Anticipating Volatility in Today’s Housing Market

Keeping Current Matters

You’ve probably noticed one thing if you’re thinking about making a move: the housing market feels a bit unpredictable right now.

Marketing 224
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Gibson commission case sees 4 more settlements

Inman

NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5 million.

Brokerage 172
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MLSs seek to reinvent themselves

Housing Wire

Realtors are not the only ones gathering in Boston this week for the National Association of Realtors ‘ NXT conference. On Thursday, MLS leaders took center stage at several conference sessions, including discussions of the business practice changes driven by the NAR commission lawsuit settlement and how the role of the MLS — and the MLS-broker relationship — has evolved as a result.

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Today’s buyers look vastly different from a generation ago

Real Estate News

NAR’s annual profile of homebuyers, which includes several new records, illustrates just how hard of a market it’s been for would-be homeowners.

Marketing 250
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Wisconsin Housing Market: Trends and Forecast 2025-2026

Marco Santarelli

Thinking about buying or selling a home in Wisconsin in 2024? Let's dive into the current Wisconsin housing market trends and what they might mean for you. In short, the Wisconsin housing market in September 2024 showed a 6.2% year-over-year increase in home prices, but also a 7.2% decrease in the number of homes sold, indicating a potential shift in market dynamics.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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US home prices rose in 90% of metro areas in Q3, NAR says

Inman

Home affordability improved as mortgage rates dipped, bringing the monthly mortgage payment on a typical single-family home with a 20 percent down payment to $2,137 — a 5.5 percent decrease from Q2, though still up 2.4 percent year over year.

Mortgages 167
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Home sales are up over last year

Housing Wire

The hardest position to take in analyzing the housing market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising strength. That’s where we are right now. Home sales are significantly better than they were last year at this time. No one else is reporting it yet, because the traditional data takes so long to reach the headlines.

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A year after Sitzer/Burnett, are the biggest impacts yet to come?

Real Estate News

A lot has happened — leadership changes, settlements, new rules — but some say it's still too early to know how the landmark verdict will affect the industry.

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Stamp Duty-exempt stock could drop by 20% from April – research

Estate Agent Today

First-time buyers will face a stock shortage as well as potentially higher costs once Stamp Duty thresholds return to £300,000 in April, research suggests.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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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Porch shares soar 55% on $14M Q3 profit and restructuring plan

Inman

Regulators have signed off on plans to restructure insurance business into a company that's owned by policyholders and operated by Porch, insulating it from catastrophic weather events.

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MLS PIN, Restb.ai unite to bring gen AI solutions to real estate pros

Housing Wire

The trend of innovative software solutions and artificial intelligence (AI) tools continue as the real estate industry competes for speed and efficiency. New England -based MLS Property Information Network (MLS PIN) is following these footsteps with its latest partnership. MLS PIN announced a partnership with Restb.ai on Monday to bring advanced AI features to its web-based Pinergy MLS system.

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‘Unfiltered’: Buyers are ‘DIYing themselves down the funnel’

Real Estate News

Watch the conversation with Zillow CEO Jeremy Wacksman as he explains why savvy shoppers are better for agents, and why private listing networks are “just bad.

Agents 236
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Is the Housing Market on the Brink of Bubble Burst?

Marco Santarelli

As we approach the end of 2024, the question at the forefront of many minds is, “Is the housing market on the brink?” In simple terms, although economic pressures have led to a complex and sometimes cautious landscape, experts predict that a full-scale market crash remains unlikely. Let's explore emerging trends and expert predictions for the coming years.

Marketing 110
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.