Sat.Jun 15, 2024 - Fri.Jun 21, 2024

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What You Need To Know About Today’s Down Payment Programs

Keeping Current Matters

There's no denying it's gotten more challenging to buy a home, especially with today's mortgage rates and home price appreciation.

Mortgages 256
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3 regions top the list of markets most at risk for a slowdown

Real Estate News

ATTOM researchers found that counties around Chicago and NYC, as well as several in inland California, would be the most vulnerable in a housing downturn.

Marketing 266
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Top Strategies to Access the Affluent

RIS Media

Accessing affluent buyers in the luxury real estate market requires a strategic approach that takes into account their preferences, behaviors and expectations. By implementing a combination of the strategies outlined below you can effectively access this desirable market segment in the luxury real estate industry. Here are some top ways to access the affluent: Establish… The post Top Strategies to Access the Affluent appeared first on RISMedia.

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Boomers struggled more than millennials to buy their first homes: Realtor.com

Housing Wire

From rising home prices to rising mortgage rates and inflation , the millennial generation hasn’t had it easy when it comes to homeownership. But new data from Realtor.com shows that millennials aren’t overly burdened in comparison to previous generations. The analysis of historic home prices, income levels and mortgage rates found that baby boomers — Americans between the ages of 60 and 78 this year — “arguably faced the toughest housing market ever for first-time buyers.“ In 1980, when boomers

Mortgages 489
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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Why a Vacation Home Is the Ultimate Summer Upgrade

Keeping Current Matters

Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season.

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DOJ ‘formal inquiry’ delays release of C.A.R. forms

Real Estate News

The California Association of Realtors informed members that the DOJ expressed concern over new forms related to the NAR settlement and MLS practices.

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More Trending

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Mortgage rates continue their slide toward the 7% mark

Housing Wire

Mortgage rates continued to inch toward the 7% mark following last week’s meeting of Federal Reserve policymakers and new inflation data that showed further cooling of consumer prices. On Tuesday, HousingWire ‘s Mortgage Rates Center showed that the average 30-year rate for conforming loans was 7.08%. That was down 11 basis points from the same time last week and exactly 50 basis points below this year’s peak rate that was recorded in early May.

Mortgages 473
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Worried About Mortgage Rates? Control the Controllables

Keeping Current Matters

Chances are you’re hearing a lot about mortgage rates right now.

Mortgages 246
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Home prices soar even as sales, construction slow

Real Estate News

The median sale price for existing homes hit a record $419,300 in May, NAR reported, but home sales were lackluster and new construction has cooled.

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Artificial intelligence is the all-in-1 tool real estate desperately needs

Inman

Using artificial intelligence, the latest technology represents an opportunity for the real estate industry to rebrand itself at a time when solutions are sorely needed, writes Inman founder Brad Inman.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Michael Saleh leaves Rocket to launch brokerage firm Zoom Home Lending

Housing Wire

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. Saleh opened the Livonia, Michigan-based firm alongside Henri Houmani and Issa Al-Sheleh, who previously worked for Rocket and migrated to the wholesale channel two years ago.

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Condo Maintenance and Upkeep: A Comprehensive Guide

RIS Media

Maintaining a condo involves regular care and timely repairs. This ensures a comfortable, safe living environment and preserves property value. I will provide the following guidance: Practical tips for regular condo maintenance Solutions for common condo maintenance issues A seasonal checklist to keep your condo in top shape From being a condo owner in multiple… The post Condo Maintenance and Upkeep: A Comprehensive Guide appeared first on RISMedia.

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Buyers get a slight reprieve as rates fall, sellers cut prices

Real Estate News

There could be a window of opportunity for would-be buyers as mortgage rates continue to ease and homes sit on the market longer, prompting price cuts.

Mortgages 272
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Harness a modern pricing engine to maximize efficiency and ROI

Inman

CEO Dawar Alimi writes that choosing a modern and advanced pricing engine can unlock new opportunities for growth, profitability and success in an increasingly competitive landscape.

Banks 163
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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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Why are home prices at all-time highs with more inventory?

Housing Wire

Both existing housing inventory and home prices have been rising together year over year, which might seem odd at first glance since existing home sales are trending near all-time lows. However, I can clear up any confusion on this topic. Let’s keep it simple: total active listings are still below 2019 levels nationally, and the days on market are under 30 days today.

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Effective Repairs to Make Before Selling Your Home

RIS Media

Selling a home involves more than just listing it on the market. Strategic repairs and improvements can significantly increase your home’s value and appeal to potential buyers. It’s all part of preparing to sell. I will provide detailed guidance on minor cosmetic fixes, major structural repairs and insights into DIY versus professional maintenance.

Marketing 144
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People on the Move: New CFOs at CoStar, Inside Real Estate

Real Estate News

The companies have hired veteran financial executives to support growth efforts, with Chris Lown joining CoStar and Chris Black joining the proptech leader.

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Inside Real Estate folds kvCORE as part of major rebrand as BoldTrail

Inman

Parent company Inside Real Estate will carry the BoldTrail name in a range of iterations as they roll out this summer. The new moniker is meant in impart that real estate isn't for the faint of heart.

As-is 159
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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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‘Million Dollar Listing’ agents launch online marketplace for sellers and agents

Housing Wire

Redy , an online marketplace that rewards home sellers for selecting a real estate agent who best aligns with their sales goals, announced its launch in five markets on Tuesday. The Redy online platform is now available to home sellers in Atlanta , Dallas , Orlando , Phoenix and San Diego. Real estate agents Josh Altman and Matt Proman, who are also cast members of the Bravo TV show “Million Dollar Listing,” co-founded the firm.

Agents 459
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Mortgage Mix: Legal Troubles Batter Mega-Lenders; CoStar Nabs Freddie Mac Exec

RIS Media

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Guaranteed Rate is pushing back strongly against an expose published in the Chicago Tribune that claims the company cultivated a toxic workplace culture rife with sexual harassment and retaliation, calling the article “a hit piece.”… The post Mortgage Mix: Legal Troubles Batter Mega-Lenders; CoStar Nabs Freddie Mac Exec appeared first on RIS

Mortgages 128
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Housing Market Decoded: Why is inflation so sticky?

Real Estate News

It’s all about housing, which has an outsized effect on the Consumer Price Index — and is contributing to the Fed’s lack of action on interest rates.

Marketing 256
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Mark your calendars: DOJ set to weigh in on multiple antitrust cases

Inman

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mark your calendars: The U.S. Department of Justice will be weighing in on three real estate industry-related lawsuits on June 20 and 21.

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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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Inside Real Estate rebrands product portfolio as BoldTrail

Housing Wire

Real estate technology provider Inside Real Estate is rebranding its kvCORE platform to BoldTrail , according to an announcement on Thursday. Like kvCORE, BoldTrail is a branded portfolio that unites a collection of capabilities into one system, bringing Inside Real Estate products together in one place. But the company also said that this is about more than just a new name.

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4 Ways to Use Localized Demographic Data to Impress Buyers

RIS Media

Listing properties is often seen as a real estate agent’s most glamorous work, but buyers also need expert agents. If helping buyers find their perfect home is your specialty, use localized demographic data as your secret weapon to enhance your business. Let’s explore four ways to utilize it. What is demographic data? Demographic data encompasses… The post 4 Ways to Use Localized Demographic Data to Impress Buyers appeared first on RISMedia.

Agents 126
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DOJ says REX deserves a do-over in Zillow/NAR case

Real Estate News

Can NAR’s optional rules still add up to anticompetitive behavior? Yes, the Department of Justice says in a brief filed June 20 in the case of REX vs. Zillow.

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Your insights matter: Take the Inman Intel Index survey for June

Inman

The Inman Intel Index goes beyond sentiment and trends by tapping into the industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.

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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.

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RE/MAX retains title of No. 1 brand in The Thousand rankings

Housing Wire

Despite some initial confusion , RE/MAX came out as the No. 1 brand in the 2024 RealTrends Verified + Tom Ferry The Thousand. This marks the fifth year in a row — and the ninth time in 11 years — that RE/MAX has claimed the top spot. In late May, when RealTrends Verified released The Thousand rankings, it appeared that RE/MAX had lost its crown as the top brand to Keller Williams.

Branding 448
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Downtown Seattle home prices now cheaper than city as a whole

Seattle Times Real Estate

Ten years ago, the median home price in downtown Seattle was higher than the citywide median. Now downtown is cheaper than the city as a whole, writes FYI Guy.

As-is 130
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Brokerage Beat: News from ERA, E&V, Sotheby's Realty, C21

Real Estate News

Large East Coast indies join ERA; Super Bowl champ signs on with Engel & Völkers Austin; Sotheby's Realty expands in Michigan; Century 21 adds Montana firm.

Brokerage 248
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By-women, for-women: 3 resources to grow your wealth this summer

Inman

It's up to you to advocate for a fiscally fit future for yourself, senior housing advisor Rachael Hite writes. Here are three women-run resources to help guide you.

Agents 160
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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.