Housing Wire

NOVEMBER 14, 2024

The Congressional Budget Office (CBO) this week published a report assessing the performance of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac in reaching their single-family housing goals. The CBO found that the GSEs “met or exceeded” nearly all goals over a four-year period from 2018 to 2022. The CBO analyzed data from the Federal Housing Finance Agency (FHFA) data in its report.

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Loans Finance Mortgages Development 514

Real Estate News

NOVEMBER 18, 2024

Leaders spent thousands on Hamilton tickets and other luxuries with corporate credit cards, as former execs stayed on the payroll, The New York Times reported.

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Keeping Current Matters

JULY 2, 2024

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting.

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Title Mortgages 345

Inman

OCTOBER 30, 2024

Tanya Monestier says the settlement "reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it" as attorneys walk away with $333 million in cash.

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MLS 195

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

Brownstoner

NOVEMBER 13, 2024

Mayor Eric Adams on Tuesday raised concerns about City Council legislation that would relieve most renters from having to pay real estate broker fees, a day before the bill is expected to pass the chamber. During his weekly off-topic news conference on Nov. 12, Adams said that while he agrees with… Read More > The post Mayor Adams raises concerns over real estate broker fee bill set to get City Council vote Wednesday appeared first on Brownstoner.

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BAM Media

NOVEMBER 18, 2024

The New York Times isn’t finished with its investigative reports on the National Association of Realtors (NAR). Last year, journalist Debra Kamin exposed allegations of sexual harassment and a toxic work environment within NAR, amplifying widespread scrutiny at a time when NAR was already dealing with multiple lawsuits and an investigation with the DOJ.

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Eye on Housing

SEPTEMBER 11, 2024

In 2023, the majority of homes started featured laundry connections on the first floor (72%), according to the Census’s Survey of Construction. Laundry located on the second floor or higher was the second most prevalent at 26%. The basement, garage, and other locations all had a 1% or lower share. In NAHB’s What Home Buyer’s.

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Construction 137

Bigger Pockets

OCTOBER 21, 2024

Proposition 33—a measure on this year’s California election ballot that would increase rent control laws by limiting the amount landlords can charge for rent, regardless of an apartment’s rental history, […]

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RIS Media

AUGUST 26, 2024

Probate in real estate refers to the legal process of transferring property after a homeowner’s death. This process involves validating the deceased’s will, settling debts and distributing assets to heirs. Understanding probate is crucial for buyers, sellers and inheritors of real estate. Understanding estate planning for the family should never be overlooked.

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Industrial 142

Calculated Risk Real Estate

FEBRUARY 28, 2024

This is no surprise, but still a very large monthly increase in the delinquency rate. The multifamily rate increased recently as rent growth has slowed (and rents are falling in some areas), vacancy rates have increased, and borrowing rates have increased sharply. Freddie Mac reports that the multi-family serious delinquency rate increased sharply in January to 0.44% from 0.28% in December, and up from 0.12% in January 2023.

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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.

Brokerage

Housing Wire

NOVEMBER 15, 2024

Jerome Powell , the chair of the Federal Reserve , said on Thursday that the U.S. economy is “not sending any signals that we need to be in a hurry to lower rates.” The statement was enough to raise mortgage rates to an even higher level, a sharp departure from the optimism lenders experienced during the September rally, which now seems like a distant memory.

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Mortgages Equity Sales Marketing 523

Real Estate News

NOVEMBER 19, 2024

The new, lower-cost program also includes access to legal forms and training, and is being rolled out as NAR’s three-way agreement faces greater scrutiny.

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Keeping Current Matters

SEPTEMBER 19, 2024

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.

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Mortgages Agents 339

Inman

NOVEMBER 11, 2024

Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor's annual NAR NXT conference during a "Future of the MLS" session Friday.

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MLS Brokerage Agents 183

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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

Brownstoner

JULY 18, 2024

Ayisha Doyle, like her mother and her children, was raised in the grand brownstone on Jefferson Avenue in Bed Stuy. She still calls the house home, one of five generations of her family who have done so since her great-grandparents purchased the 1880s single-family house in the 1940s. With her mother,… Read More > The post Court Allows Partition Sale of Bed Stuy Home in Family for 75 Years appeared first on Brownstoner.

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Sales 145

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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Seattle Times Real Estate

SEPTEMBER 22, 2024

Pierce County is planning construction of a community for formerly homeless people that brings up questions of the best way to serve people with the most needs.

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Construction 135

Eye on Housing

APRIL 17, 2024

According to the latest What Home Buyers Really Want Study*, the vast majority of home buyers are looking for a home with at least one home office (or space dedicated to work/study). More specifically, 66% would prefer to buy a home with exactly one home office, 13% want at least two offices, and 20% want.

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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

Bigger Pockets

OCTOBER 30, 2024

Recently, we shared “8 Reasons Why REITs Are More Rewarding Than Rentals.” In short, studies show that REITs earn 2% to 4% higher annual returns than private real estate.

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RIS Media

JUNE 17, 2024

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.

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Marketing Industrial Agents 144

Estate Agent Today

OCTOBER 6, 2024

Buying a property is becoming a ‘challenging prospect’ for many despite recently falling mortgage rates, Propertymark claims, as two separate pieces of research highlight the difficulties facing buyers.

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Housing Wire

NOVEMBER 15, 2024

The housing bubble crash theory has failed once again as we approach the end of 2024, but it’s always important to know why something didn’t happen. This week, we got the updated New York Fed credit data report and it shows the strong position of homeowners — especially in comparison to the years before the Great Financial Crisis. This is the kind of information you need as we get close to Thanksgiving and share the dinner table with Uncle Dave who says (for the 13th year) that we’re seein

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Loans Mortgages Lending As-is 504

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

Real Estate News

NOVEMBER 9, 2024

Robert Reffkin said “it’s only a matter of time” before Zillow becomes a national MLS. Zillow, meanwhile, advocated for a strong MLS and equal access to data.

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MLS 317

Keeping Current Matters

AUGUST 7, 2024

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.

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Mortgages Marketing 352

Inman

OCTOBER 31, 2024

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer's agent commissions have seen little impact.

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Agents 183

Brownstoner

SEPTEMBER 10, 2024

It was standing room only, and barely any of that, at a heated two and a half hour public hearing on the Arrow Linen rezoning application in South Slope held by Community Board 7 last night, where 29 residents had the chance to speak to the crowd and many others… Read More > The post Locals Clash Over Arrow Linen Site’s Future at Raucous Community Hearing appeared first on Brownstoner.

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Development 140

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

Redfin

NOVEMBER 11, 2024

As the holiday season approaches, there’s no better way to set the mood for Thanksgiving than with scents that evoke the warmth, comfort, and joy of the season. From the comforting aroma of freshly baked pies to the earthy richness of fall spices, the right fragrances can instantly transform your home into a festive haven. Whether you’re hosting a large family gathering in your apartment in Allentown, PA , or enjoying a quiet meal in your home in Lakewood, NJ , these 20 Thanksgiving

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As-is Branding Marketing 76

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.

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Eye on Housing

OCTOBER 23, 2024

While the lack of affordable housing dominates the headlines across the nation, congressional districts with higher shares of renter households are disproportionately affected by the current affordability crisis. Geographically, the districts with the largest housing cost burdens are heavily concentrated in California, Florida, and the coastal Northeast.

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Equity Marketing 130

Bigger Pockets

OCTOBER 9, 2024

The BRRRR strategy (buy, rehab, rent, refinance, repeat) is based on finding discounted properties, fixing them up, renting them out, refinancing, and socking away the cash flow with a long-term tenant, and repeating the process until you have amassed a sizable monthly cash flow. In 2024, I largely believe that it's unrealistic.

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Agents