Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. Together, the two may suggest that there really is nowhere to go but up in 2024,” she said. “In

Inventory 378

Inventory New Listings Realtors Contracts 378

Appraisal Buzz

OCTOBER 30, 2024

The National Association of REALTORS (NAR) reports that pending home sales increased in September. increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8,

Contracts 419

Contracts Buyers Inventory Mortgage 419

Housing Wire

JULY 3, 2024

But while home sales are trending at the lowest levels ever when adjusting to the workforce, we have some very positive housing data lines in 2024 compared to the stressed housing markets of past years. In 2024, that number has plummeted to 1.8% , the lowest level ever. Chart below represents Q1 2024 data. Why choose 2011?

Housing Market 325

Housing Market Marketing New Listings Contracts 325

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. The more authentic, the better. Think of your social media audience as like the waiting room for your owned audience.

Real Estate 415

Real Estate Tools Marketing Real Estate Agent 415

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

Buyers 467

Buyers Contracts Real Estate Agents 467

Housing Wire

MARCH 28, 2024

month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. annually in February 2024. Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6%

Inventory 422

Inventory Realtors Contracts Sellers 422

Housing Wire

OCTOBER 28, 2024

After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. 26, 2024. In a document filed on Monday in U.S.

Business 411

Business Sellers Realtors Buyers 411

Housing Wire

SEPTEMBER 18, 2024

For example, here is a real estate referral form provided by the California Association of Realtors. Additionally, the National Association of REALTORS offers a standard referral contract form. Some agents choose to work with an attorney to create custom language.

Real Estate 386

Real Estate Real Estate Agent Agents Brokerage 386

Housing Wire

NOVEMBER 3, 2023

Thanks to provisions in both Anywhere’s and RE/MAX’s settlement agreements , as well as Redfin’s announcement that it would be requiring agents to cancel their National Association of Realtors membership, much of the speculation has focused on what will become of NAR’s 1.5 million members. Certainly there are a lot of places in the U.S.

Realtors 402

Realtors Agents Contracts Brokerage 402

Housing Wire

FEBRUARY 29, 2024

month over month in January, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. ” Lower mortgage rates buoyed buyer demand in early 2024, but rates started to inch back up toward 7% in February.

Contracts 373

Contracts Inventory New Listings Realtors 373

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. in 2024, and housing starts will fall 7.3% annual in 2024 to 1.54 annual increase in 2024, bringing existing home sales back up to 5.26

Inventory 389

Inventory Realtors Contracts Construction 389

Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years,” Lawrence Yun, NAR chief economist said in a statement.

Inventory 353

Inventory Contracts Housing Market Realtors 353

Housing Wire

NOVEMBER 30, 2023

Illinois REALTORS Best Illinois real estate school for accommodating different learning styles Overall Rating: 4.2 Unlike other real estate schools, Illinois REALTORS is also the only advocate for private property rights at the state capitol in Springfield, Illinois, and in communities across the state. out of 5 stars Rating: 4.5

Real Estate 384

Real Estate Real Estate Agent Realtors Law 384

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual jump in 2024. year over year to $391,800 in 2024.

Housing Market 396

Housing Market Realtors Contracts Buyers 396

Housing Wire

NOVEMBER 21, 2024

Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast , which predicted 2.33% home-price growth for 2024. From the National Association of Realtors : Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – expanded 3.4%

Mortgage 385

Mortgage Housing Market Inventory Contracts 385

Appraisal Buzz

SEPTEMBER 26, 2024

According to the National Association of Realtors (NAR) , pending home sales in August 2024 rose 0.6%, with the Midwest, South, and West posting monthly gains in transactions, and the Northeast recording a loss. A PHSI reading of 100 is equal to the level of contract activity in 2001. “A The Midwest index intensified 3.2%

Contracts 359

Contracts Buyers Mortgage Realtors 359

Housing Wire

JANUARY 29, 2024

Last week, the National Association of Realtors released their December pending sales data. Homes in contract rises There are more homes in contract now than last year at this time. Sales growth is not guaranteed This week there were 56,000 contracts started for single-family home purchases. That’s already in the bag.

Contracts 393

Contracts Inventory Housing Market Mortgage 393

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts. Guess what?

Real Estate 400

Real Estate Marketing Tools Contracts 400

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. The suit obtained class certification in March 2023.

Real Estate Agent 336

Real Estate Agent Realtors Real Estate Sellers 336

Housing Wire

DECEMBER 26, 2023

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Topics include basic real estate practices & principles, real estate law, financing, brokerage, contracts, closings + more Required 30 hrs of post-licensing coursework. Includes The Adventure Guide book.

Real Estate 357

Real Estate Real Estate Agent Design Law 357

Housing Wire

NOVEMBER 1, 2024

PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways. To be a Realtor, an agent must be a member of the National Association of Realtors® (NAR). This course covers real estate law, contracts, finance and ethics.

Real Estate 422

Real Estate Real Estate Agent Agents Brokerage 422

Housing Wire

DECEMBER 28, 2023

according to the latest data from the National Association of Realtors (NAR). “With mortgage rates falling further in December – leading to savings of around $300 per month from the recent cyclical peak in rates – home sales will improve in 2024,” Yun added. in November, from 71.4 one month ago.

Realtors 394

Realtors Contracts Mortgage Marketing 394

Housing Wire

APRIL 22, 2024

He said his company is focused on buyer-side agents, whose activity is expected by some to be impacted by the National Association of Realtors’ (NAR) $418 million nationwide settlement of the commission lawsuits. The change would go into effect in mid-July 2024 if the settlement is approved by a judge.

Brokerage 330

Brokerage Real Estate Realtors Real Estate Agent 330

Housing Wire

AUGUST 24, 2023

“In order to achieve a soft landing, economic growth will have to slow to a rate that is below trend for some time in order for the unemployment rate to rise sufficiently to cause wage growth to slow consistent with a 2% inflation target over the long term, but not so slow that the economy falls into a contraction,” the ESR group said.

Construction 251

Construction Retail Mortgage Contracts 251

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 364

Inventory Agents Real Estate Sellers 364

Housing Wire

MAY 10, 2024

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. million for the first time since May 2021.

Realtors 296

Realtors Finance Agents Legal 296

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. I was already using buyer broker contracts, but now use them 100% of the time. Always will too,” one wrote.

Agents 336

Agents Realtors Clients Real Estate 336

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Ideal for realtors looking for functionality without a big price tag.

Real Estate 361

Real Estate Marketing Real Estate Agent Tools 361

Housing Wire

NOVEMBER 13, 2023

Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. Includes Pathway to Professionalism Presentation and In-depth review of the REALTOR® Code of Ethics Package Features Premium: Coursework.

Real Estate 383

Real Estate Real Estate Agent Agents Law 383

Housing Wire

DECEMBER 19, 2024

Not only has sales data improved, but home prices have firmed up so much that months ago, I believed my forecast for national home price growth of 2.33% for 2024 would come in too low. Our tracker data reflects these two trends and when you connect the dots, you can see that the pending contract data has been improving since October.

Mortgage 387

Mortgage Contracts Housing Market Inventory 387

Housing Wire

JULY 24, 2024

CoStar Group , the parent company of Homes.com and Apartments.com , among other sites, continued its revenue growth streak in second-quarter 2024. million in Q2 2024. million in Q2 2024. The company reported revenue of $678 million from April through June, up 12% compared to the same period a year ago. million in Q2 2023 to $26.2

Tools 349

Tools Agents Realtors Buyers 349

Housing Wire

DECEMBER 30, 2024

Despite rising mortgage rates through much of 2024, recent indications show growing boldness among homebuyers heading into the new year. A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. The report found that pending home sales jumped 2.2%

Inventory 320

Inventory Buyers Housing Market Mortgage 320

Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is a positive for housing in 2024 as most sellers are buyers.

Housing Market 407

Housing Market Inventory Contracts Marketing 407

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. in 2024, according to NAR’s forecast. million in 2024.

Construction 325

Construction Inventory Realtors Housing Market 325

Housing Wire

MARCH 27, 2024

HomeServices of America first filed its motion to decertify the class in early January 2024. At the time, the defendants in the suit, which included HomeServices, as well as the National Association of Realtors , Keller Williams , Anywhere , and RE/MAX , requested that the Eighth Circuit court of appeal review the class certification order.

Law 347

Law Sellers Realtors Contracts 347

Housing Wire

FEBRUARY 16, 2024

The settlement agreements reached by Anywhere and RE/MAX with the Nosalek, Sitzer/Burnett and Moehrl plaintiffs have been preliminarily approved by Judge Stephen Bough, who oversaw the Sitzer/Burnett trial, and are awaiting their final approval hearing , which is set for May 2024.

Sellers 435

Sellers Buyers Real Estate Contracts 435

Inman

JUNE 21, 2023

Bob Goldberg's contract will expire Dec. 31, and the executive plans to retire after three decades at NAR and four decades in real estate, according to the National Association of Realtors.

Contracts 172

Contracts Realtors Real Estate Agents 172