Housing Wire

JUNE 27, 2024

The median monthly payment for purchase mortgage applicants decreased to $2,219 in May, down 1.6% from the prior month , according to data released Thursday by the Mortgage Bankers Association (MBA). ”Homebuyer affordability conditions improved in May as slightly lower mortgage rates and an uptick in housing inventory slightly eased the recent rise in application payment amounts,” Edward Seiler, MBA’s associate vice president of housing economics, said in a statement.

FHA loan 369

FHA loan Mortgages Loans As-is 369

Real Estate News

JUNE 24, 2024

The associations that own the 16th-largest MLS surprised its leaders with a deal that “scared the absolute hell out of us,” REcolorado’s vice chair said.

Equity 359

Equity MLS 359

Keeping Current Matters

JUNE 24, 2024

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.

Marketing 242

Marketing Mortgages Sales 242

Inman

JUNE 28, 2024

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks.

MLS 171

MLS As-is Industrial 171

Advertisement

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.

Brokerage

Housing Wire

JUNE 27, 2024

After rising in March , pending home sales continued to slide in May, with the Pending Home Sales Index (PHSI) posting its second consecutive month of declines to reach a record low, according to data released Thursday by the National Association of Realtors (NAR). The PHSI fell 2.1% from April to a reading of 70.8 in May, which was down 6.6% on a yearly basis.

Sales 487

Sales Mortgages Industrial Marketing 487

Real Estate News

JUNE 22, 2024

New York is one of only two cities where landlords can hire brokers and require renters to pay them. This may be changing — but not if the industry has its way.

Industrial 362

Industrial 362

Inman

JUNE 24, 2024

Fannie Mae on Friday slashed its 2024 forecast as a result of weak spring home sales, but listings are returning to the market and mortgage rates look poised to drop, according to new projections.

Sales 173

Sales Mortgages Marketing Agents 173

Housing Wire

JUNE 28, 2024

The primary shareholders of REcolorado — the Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA) — have fired the current board and announced the name of the company they are selling their shares to: MAZL, LLC., headed by J. Burks. According to a statement released Friday from DMAR and SMDRA, their board members have “signed and submitted a joint, unanimous resolution removing all REcolorado board members from their position and duties,

MLS 337

MLS Due diligence Brokerage Equity 337

Real Estate News

JUNE 25, 2024

Association owners of REcolorado say now is “the right time to sell” and that decoupling MLSs and associations can provide protections and improve operations.

MLS 306

MLS 306

Seattle Times Real Estate

JUNE 28, 2024

New data puts the sharp home-price surge into perspective. Take a region-by-region look at how incomes stack up against home prices, and what it takes to afford a one-bedroom apartment.

140

140

Advertiser: Trellis

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.

Loans

Inman

JUNE 28, 2024

The Federal Reserve's preferred inflation gauge fell to 2.56 percent in May, getting closer to the Fed's 2 percent target for the 2nd month in a row. Core inflation reading is lowest since March 2021.

Mortgages 156

Mortgages Agents Marketing 156

Housing Wire

JUNE 26, 2024

Homebuilders with unsold inventory are feeling the pinch of high mortgage rates — and it’s showing up in new-home sales data. The U.S. Census Bureau ’s new-home sales report for May shows that transactions took a nosedive to a seasonally adjusted annual sales volume of 619,000. Despite May being part of the prime homebuying season, that number represented a 16.5% year-over-year drop and was 11.3% below the revised rate in April.

Sales 423

Sales MLS Closing costs Equity 423

Real Estate News

JUNE 28, 2024

The California association said the Consumer Federation of America’s assessment was “misguided” and that its forms will be fully compliant.

278

278

RIS Media

JUNE 24, 2024

Pricing a condo correctly is essential for a successful sale. I will guide you through detailed, actionable steps to ensure your condo is priced right. You will learn the following information which will help you price your condominium appropriately based on the current real estate market: How to conduct a comprehensive market analysis. The importance… The post How to Price a Condo Correctly appeared first on RISMedia.

Sales 139

Sales Marketing Industrial 139

Advertisement

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.

Sales

Inman

JUNE 28, 2024

The Netflix series focuses on Serhant's agents and lifts the stakes on real estate-focused reality TV thanks to high production values and sophisticated plotting, reporter Lillian Dickerson writes.

Agents 149

Agents Brokerage 149

Housing Wire

JUNE 22, 2024

Are we seeing the start of a market shift in mortgage demand? Notably, mortgage rates have been gradually declining, and we’ve observed back-to-back positive weeks in purchase application data for the first time since mid-March. While I typically prefer to see a sustained growth of 12-14 weeks before concluding there’s been a sea change, the low bar in purchase application data suggests that even a slight change could push demand higher if mortgage rates keep falling.

Mortgages 421

Mortgages Sales Banks As-is 421

Real Estate News

JUNE 27, 2024

While interest rates continue to edge down, sales have not picked up heading into summer: “This will take many years to work itself out.

Marketing 286

Marketing Sales 286

Brownstoner

JUNE 25, 2024

Almost two years after Willoughby Avenue’s historic Jacob Dangler mansion was torn down during a landmarking review process, sending many neighbors into mourning, Willoughby Avenue and Hart Street locals were jubilant today after the city’s Landmarks Preservation Commission voted unanimously to preserve their blocks of predominantly late 19th century Neo-Grec… Read More > The post Locals Celebrate Creation of Bed Stuy’s Willoughby-Hart Historic District appeared first on Brownsto

127

127

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.

Agents

Inman

JUNE 27, 2024

Keeping Current Matters' David Childers and Jimmy Burgess crunch the numbers and lay out the reasons real estate agents and brokers could see a post-presidential election sales surge in 2025.

Sales 153

Sales Agents Brokerage Marketing 153

Housing Wire

JUNE 25, 2024

If real estate brokerages fail to make changes to their operations, 79% of them will be unprofitable if the terms of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement lead to typical agent commissions dropping to 2%. This is according to a study published Tuesday by AccountTECH. The study analyzed the operations of 100 randomly selected brokerages with agent counts ranging between five and 5,000.

Brokerage 441

Brokerage Agents Industrial Sales 441

Real Estate News

JUNE 26, 2024

May sales were well below April numbers and down 16.5% year-over-year, a sign that builder incentives may not be enough to overcome high rates and prices.

Sales 267

Sales 267

Bigger Pockets

JUNE 28, 2024

HomeRise, a nonprofit housing developer that has received more than $200 million in grants and loans from the city of San Francisco, declares on its website

Development 121

Development Loans 121

Advertisement

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.

Agents

Inman

JUNE 24, 2024

The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis.

MLS 163

MLS 163

Housing Wire

JUNE 28, 2024

The mortgage origination industry has long made use of an operational strategy that relies on “staffing up” during cycles of high volume and then making staff reductions, sometimes en masse, when origination volume declines. While this was once a necessary business strategy, the technology now exists to implement a much more efficient approach. In order to achieve this, lenders need to take a thoughtful approach to the implementation of technology, and the very highest decision makers need to pu

Lending 313

Lending Mortgages Technology Loans 313

Real Estate News

JUNE 27, 2024

A statement from REcolorado says its potential sale to a private equity firm is not the best way to separate MLSs from Realtor association ownership.

MLS 259

MLS Sales Equity 259

HomeLight

JUNE 28, 2024

There are times when the universe splits the path of your life. For homeowners, a new road may require selling your house fast. If you’re rerouting because of a sudden job change, health issue, financial hardship, divorce, or a death in the family, you may be considering a swift cash sale to an ‘ibuy houses’ company. While a house-buying company can be fast and convenient, is it the right choice for you?

Equity 113

Equity Investor Renovation Sales 113

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.

Agents

Inman

JUNE 27, 2024

Elevated mortgage rates continued to curb homebuyer activity in May, NAR reported. As inventory increases in upcoming months, slower home price growth will follow, and likely more buyers hitting the market.

Sales 151

Sales Mortgages Marketing 151

Housing Wire

JUNE 27, 2024

In a statement released Wednesday night, REcolorado warned Denver-area Realtors that outside ownership of the local MLS could bring added uncertainty during an already uncertain time and suggested that their data could be compromised. The company’s statement says it supports the effort to decouple the local MLS from the two local Realtor associations that own it — Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA).

MLS 390

MLS Equity Brokerage Sales 390

Real Estate News

JUNE 28, 2024

The Realtor association owners of the MLS said the decision was made “in the best interests of our collective membership” following confidentiality violations.

As-is 241

As-is MLS 241

Seattle Times Real Estate

JUNE 24, 2024

As he completes his nature-centric compound in Kamakura, Japan, Brian Heywood is spearheading a fight to roll back climate change laws in his home state of Washington.

As-is 127

As-is 127

Advertisement

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.

Agents