Housing Wire

DECEMBER 18, 2024

They say housing leads the economy in and out of a recession. Currently, housing starts are back at the levels seen during the COVID-19 recession in 2020. Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. Several factors have been keeping labor steady, such as working through a backlog of orders and long turnaround times to complete projects.

Construction 416

Construction Residential Sales Mortgages 416

Real Estate News

DECEMBER 18, 2024

Outdated rules have allowed solicitors to bombard borrowers with unwanted calls or texts. While lenders arent to blame, consumers may hold them responsible.

Industrial 198

Industrial Mortgages 198

Inman

DECEMBER 18, 2024

Being different is a commitment to authenticity, perseverance and purpose, broker-owner Nick Schlekeway writes.

Agents 143

Agents 143

Keeping Current Matters

DECEMBER 20, 2024

There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.

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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.

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Housing Wire

DECEMBER 19, 2024

Its late December so all the 2025 mortgage rate forecasts have been published. Unfortunately, all of them are already wrong. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. And yet with pesky inflation data not falling as quickly or as far as expected, Fed chair Jerome Powell suddenly changed his language in the Fed meeting on Dec. 19.

Mortgages 434

Mortgages Fixed-rate mortgage As-is Marketing 434

Real Estate News

DECEMBER 19, 2024

The option lets brokers access the MLS outside the traditional three-tier membership system. NAR says it is maintaining standards for the Realtor brand.

MLS 279

MLS Branding 279

Keeping Current Matters

DECEMBER 16, 2024

In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth.

Agents 168

Agents 168

Housing Wire

DECEMBER 18, 2024

The fallout from Fed day got out of hand very quickly. The market reacted badly to the FOMC statement and remarks by Federal Reserve Chairman Powell during the Q&A presser, sending the 10-year yield and mortgage rates higher. Also, the Dow was down over 1,000 points today. So what gives? Market players were already talking about how the Fed would dial back rate cuts in 2025, but Powell didnt sound sure of himself in that press event and left an opening to create tighter financial conditions.

Mortgages 412

Mortgages Marketing As-is 412

Real Estate News

DECEMBER 19, 2024

As other brokerages stumbled in 2024, Real saw enviable growth in agent count, transactions and share price with President Sharran Srivatsaa setting the tone.

Brokerage 264

Brokerage Agents 264

Inman

DECEMBER 19, 2024

NAR sent the cease-and-desist letter to Phoenix Realtors over its MLS Choice option, which gives brokers access to state-compliant forms and legal aid but may also violate its three-way agreement.

MLS 158

MLS Agents 158

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.

Industrial

Keeping Current Matters

DECEMBER 19, 2024

When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.

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151

Housing Wire

DECEMBER 19, 2024

The housing industry is getting an early Christmas gift. The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 million, a 4.8% increase over the revised October number and a 6.1% increase year over year. The annualized rate is the highest seen since the tally of 4.22 million in March 2024 , and its the highest year-over-year increase since a 23% gain in June 2021.

Sales 341

Sales Land Industrial Closing 341

Real Estate News

DECEMBER 14, 2024

Cities and states across the U.S. are making it easier to build ADUs. Leaders hope those reforms will lead to more supply and improve affordability.

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Inman

DECEMBER 18, 2024

Requests for purchase loans picked up last week during a short-lived drop in rates, MBA survey shows, helped by "gradually improving inventory conditions and a more positive outlook on the economy and job market.

Mortgages 158

Mortgages Loans Marketing 158

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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.

Agents

Keeping Current Matters

DECEMBER 18, 2024

Waiting for perfect market conditions often means missing out.

Marketing 139

Marketing 139

Housing Wire

DECEMBER 17, 2024

In this week’s episode of the RealTrending podcast , host Tracey Velt is joined by Tim Weisheyer, Florida Realtors ‘ 2025 president. The duo explore the concept of servant leadership for business success, relying on learning for long-term success, balancing technology usage with relationship building and the trade group’s top priorities for 2025.

Commercial 374

Commercial Technology Development Agents 374

Real Estate News

DECEMBER 19, 2024

Existing home sales rebounded in November, pushing annual sales past the 4 million mark. A big jump in mortgage rates may quash momentum, however.

Sales 205

Sales Mortgages 205

Inman

DECEMBER 18, 2024

In an era of increased industry consolidation, independence still matters, Steve Baird, president and CEO of Baird & Warner Real Estate, writes.

Industrial 157

Industrial Brokerage 157

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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.

Sales

Keeping Current Matters

DECEMBER 17, 2024

More entry-level homes – also known as starter homes – are popping up on the market.

Marketing 134

Marketing 134

Housing Wire

DECEMBER 19, 2024

The COVID-19 pandemic turned previously sleepy cities into boomtowns.Expanded or permanent work-from-home policies gave people more flexibility in where to live, and those in uber-expensive markets like San Francisco and Manhattan took advantage by moving to areas where they could get more space for less money. This created incredibly competitive housing markets in smaller cities that pushed sales and prices sky high.

Sales 369

Sales Marketing Mortgages As-is 369

Real Estate News

DECEMBER 14, 2024

For CoStar and Move, the battle for dominance escalated from civil competition to full-scale attacks. Zillow and other players, meanwhile, stayed out of it.

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228

Inman

DECEMBER 19, 2024

Existing-home sales rose 6.1 percent annually in November while three out of four U.S. regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors.

Sales 158

Sales Mortgages Marketing 158

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

BAM Media

DECEMBER 16, 2024

BAM Key Details: According to new research by Bright MLS, 26.8% of homeowners aged 30-39 and 28% aged 40-49 plan to sell in 2025, while only 12.1% of those 60-79 are considering selling. Nearly one-third of homeowners aged 30-49 planning to sell in 2025 have owned their homes for less than five years. According to a new nationwide survey conducted by Bright MLS , nearly one in five homeowners are gearing up to list their property in 2025.

MLS 98

MLS Equity Mortgages Marketing 98

Housing Wire

DECEMBER 17, 2024

The American dream is synonymous with two ideas. One is the idea that anyone in this country can find a path to economic success regardless of their circumstances at birth. The second idea is the symbolic encapsulation of the first idea: homeownership. Owning a home is the signifier of economic success, but over the last few years, that milestone has gotten farther out of reach for first-time homebuyers.

Marketing 333

Marketing Equity As-is Mortgages 333

Real Estate News

DECEMBER 17, 2024

One measure in the monthly index stood out, however, as builders responded with more optimism about where the market is headed in 2025.

As-is 205

As-is Marketing 205

Inman

DECEMBER 17, 2024

Ahead of his appearance at Inman Connect New York in January, eXp Realty CEO Leo Pareja told Inman that change is inevitable and that his "North Star" is improving the experience of his agents.

Agents 158

Agents Technology Brokerage 158

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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.

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Bigger Pockets

DECEMBER 18, 2024

In the first part of this series, we looked at the history of the infamously car-centric American suburb, and the second evaluated their desirability.

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103

Housing Wire

DECEMBER 20, 2024

A new bill introduced in the U.S. House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of home equity , aligning FHA policies with those of conventional loans. Introduced by Reps. Gregory W. Meeks (D-N.Y.) and Pete Sessions (R-Texas) on Thursday, the bipartisan bill allows borrowers to stop paying mortgage insurance once their loan-to-value (LTV) ratio reaches 78%, rather than paying it f

FHA loan 341

FHA loan Mortgages Equity Loans 341

Real Estate News

DECEMBER 18, 2024

The Real Estate Board of New York told a federal court that rules limiting how agents are paid will make it harder for renters to find apartments.

Agents 196

Agents 196

Inman

DECEMBER 20, 2024

Despite an array of significant stories throughout 2024, none could surpass the industry-shaking news of NAR agreeing to settlement terms in the wake of antitrust commission lawsuits that would forever reshape how agents and brokers do business.

Industrial 136

Industrial Agents Brokerage 136

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