Housing Wire
FEBRUARY 4, 2024
How will mortgage rates impact seasonal inventory in 2024? Is the seasonal bottom going to happen later than I want? Maybe. It’s not what I wanted to see in 2024, but I have to be realistic since we are already in February. In the last four years, we have had abnormal seasonal inventory data, meaning that the spring inventory bottom happens later in the year.
Realty Biz
FEBRUARY 4, 2024
In the digital age, Zillow has become a go-to platform for individuals looking to buy, sell, or assess the value of real estate. At the heart of Zillow's appeal is its incredible database of valuable real estate information. Unfortunately, one aspect of the site falls short. Their 'Zestimate' is an estimated market value for a home. Zillow provides an easy-to-use interface and immediate property value estimates.
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RIS Media
FEBRUARY 8, 2024
Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one and what it entails.… The post When and Why Should You Get a Property Survey appeared first on RISMedia.
Keeping Current Matters
FEBRUARY 7, 2024
On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around.
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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.
Inman
FEBRUARY 8, 2024
The company plans to advertise during the Super Bowl and other major cultural events in what it describes as the "biggest marketing campaign in real estate history.
HomeLight
FEBRUARY 8, 2024
In the world of home buying, prefab homes are becoming a popular choice for those looking to step onto the property ladder. What is a prefab home, and why are more and more home shoppers considering them? Whether it’s the allure of a quicker construction time or the possibility of cost savings, prefab homes offer a unique set of advantages that traditional homes can’t always match.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Brownstoner
FEBRUARY 7, 2024
In addition to an impressive brick and limestone facade, this Park Slope townhouse has some fine period details and updates that are sympathetic to the home's original character. At 615 3rd Street, it sits within the Park Slope Historic District a half block from Prospect Park. Constructed by Brooklyn-born architect and… Read More > The post Neo-Georgian Park Slope Townhouse With Working Fireplaces, Central Air Asks $6.995 Million appeared first on Brownstoner.
Calculated Risk Real Estate
FEBRUARY 5, 2024
From housing economist Tom Lawler: For the second consecutive year 2023 saw high levels of volatility in the US fixed-income markets in general and the mortgage/MBS markets in particular. Unlike in 2022, however, key Treasury rates and mortgage/MBS yields ended 2023 close to where they began. 30-Yr CCMBS: Yield on “notional par” MBS derived from price for coupon closest to but below par and price for coupon closest to but above par. 30-Yr FRM: Optimal Blue 30-year index for borrowers
The Close
FEBRUARY 7, 2024
Nobody wants to believe their clients are lying to them. And often, they aren’t. However, people lie for various reasons. You shouldn’t pry into the why but stay focused on the client and the transaction. You may not be able to figure out the motivation behind the lie, but sharpening your skills to detect a lie is a must-have for any real estate professional’s toolbox.
Housing Wire
FEBRUARY 5, 2024
Freddie Mac will offer a $2,500 credit for very low-income purchase borrowers to help with down payment and closing costs amid elevated interest rates and low housing supply. Effective March 1, the credit will be available for homebuyers earning 50% of area median income (AMI) or less through Freddie Mac’s Home Possible and Housing Finance Agency (HFA) Advantage mortgage products.
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
FEBRUARY 6, 2024
Have you been thinking about selling your house?
Real Estate News
FEBRUARY 7, 2024
Homes.com will run four new ads during the big event while Opendoor will livestream a real homeowner doing a virtual walkthrough during halftime.
Inman
FEBRUARY 9, 2024
Whether looking for advice as a new agent, as a real estate investor, or as a seasoned agent, these seven new releases by established industry names can offer a lending hand when it comes to pushing your business to the next level.
Housing Wire
FEBRUARY 7, 2024
Consumer sentiment toward housing reached its highest level since March 2022, fueled by increased confidence in job security and a higher share of people who expect mortgage rates to decrease. Fannie Mae ’s home purchase sentiment index ( HPSI ) — which tracks the U.S. housing market and consumer confidence to sell or buy a home — rose 3.5 points in January to 70.7.
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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
FEBRUARY 5, 2024
Finding the right home is one of the biggest challenges for potential buyers today.
Real Estate News
FEBRUARY 6, 2024
Freddie Mac and Chase have made recent changes to their down payment assistance programs which could help more low-income buyers enter the market.
Inman
FEBRUARY 3, 2024
In the wake of the $70 million settlement by Keller Williams, NAR and HomeServices of America appear to be the ones left holding the bag. What happens next?
Housing Wire
FEBRUARY 4, 2024
There was rampant speculation after the Federal Open Market Committee (FOMC) meeting last week about the timing and number of interest rate cuts this year. In a follow-up interview on 60 Minutes on Sunday, Federal Reserve Chairman Jerome Powell did not sound like someone who has pivoted. In fact, Powell believes the Fed can wait until it sees more labor damage before cutting the Federal Funds Rate aggressively or moving toward a neutral policy stance, saying again that a March rate cut is “
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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.
Keeping Current Matters
FEBRUARY 8, 2024
Are you on the fence about selling your house?
Real Estate News
FEBRUARY 7, 2024
After six years on the island, broker Chris Speicher says the real estate business remains paralyzed, prompting his “heart-wrenching” decision to leave.
Inman
FEBRUARY 9, 2024
As the Belisario Cruz Reyn Team, the group was fourth overall on the list of New York’s real estate teams with over 20 agents, with $155 million in sales volume.
Housing Wire
FEBRUARY 8, 2024
Mortgages rates reached their highest level since 2000 , construction costs rose and building regulations remained burdensome, leaving U.S. housing affordability near a 10-year low point at the end of last year, according to the National Association of Home Builders (NAHB). According to the fourth-quarter 2023 iteration of the NAHB/Wells Fargo Housing Opportunity Index (HOI), only 37.7% of new and existing homes sold during the final three months of last year were considered affordable to househ
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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.
Keeping Current Matters
FEBRUARY 9, 2024
In today's housing market, you can still come out on top if you have the right team and plan.
Real Estate News
FEBRUARY 9, 2024
A survey of leaders found greater optimism compared to a year ago, but many are concerned about recruiting, profits and commission lawsuits in the year ahead.
Inman
FEBRUARY 5, 2024
The company is appealing a recent ruling that rejected its request for a new trial. REX has been feuding with Zillow for years now.
Housing Wire
FEBRUARY 8, 2024
People have been screaming about a housing bubble crash on social media sites for over 12 years. The truth is, U.S. housing credit looks very different than in 2005, 2006, 2007 or 2008. Homeowners have actually never looked better and the data from the Federal Reserve ‘s Quarterly Report on Household Debt and Credit shows why. Homeowners are not the people we need to be concerned about this time.
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
FEBRUARY 5, 2024
Buying a house is one of the most significant financial decisions ever. Finding the right real estate agent to guide you through the process is crucial. There are many excellent reasons to have a buyer’s agent. Whether you’re a first-time homebuyer or a seasoned investor, interviewing a REALTOR® effectively can make all the difference in… The post Questions to Ask a Real Estate Agent When Buying a House: A Comprehensive Guide appeared first on RISMedia.
Real Estate News
FEBRUARY 7, 2024
RealReports, which provides property information for all U.S. homes, says it can give agents a competitive edge.
Inman
FEBRUARY 6, 2024
In three star-studded advertisements for Homes.com that appeared on YouTube over the weekend, the CoStar Group teases a "revolutionized" shopping experience ahead of Super Bowl Sunday.
Housing Wire
FEBRUARY 6, 2024
Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. There’s some optimism, however. With the central bank expected to cut interest rates this year, banks reported that loan demand should strengthen across residential loan categories in 2024, according to the Fed’s quarterly senior loan officer opinion survey (SLOOS) released on Monday.
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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