Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. This comes even as the business practice changes outlined in the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement have been implemented across the country. Real conducted its survey between Aug. 30 and Sept. 15, recording the responses of roughly 300 agents across North America.

Sellers 414

Sellers Agents Buyers Brokerage 414

Appraisal Buzz

SEPTEMBER 27, 2024

For some American families, a house in a tiny bucolic burgh might prove a less expensive option than putting down roots in a large city. But this widespread concept of idyllic and inexpensive “town and country” life is, in general, a myth, say experts, who published a new study to back that up. Researchers for LendingTree found home values in the country’s priciest micro politan areas (“towns” for the purposes of their report) rival those in the nation’s largest metros.

Home Value 358

Home Value Real Estate Buyers Construction 358

Appraisal Buzz

SEPTEMBER 25, 2024

The Federal Housing Finance Agency (FHFA) has announced that it will revisit its proposal to amend the Suspended Counterparty Program (SCP). The SCP regulation requires a regulated entity to report to FHFA if an individual or institution that it does business with has committed certain types of misconduct within the prior three years. It also authorizes FHFA to order its regulated entities to cease doing business or refrain from entering into new business with certain counterparties.

Finance 433

Finance Business Real Property Development 433

Sacramento Appraisal Blog

SEPTEMBER 25, 2024

It’s a mess out there right now since the NAR lawsuit went into effect. Well, sort of. It feels messy that concessions information is no longer in MLS, there’s some confusion about how appraisers are handling some of this, and we have a new question to ask. Let’s talk about it. UPCOMING SPEAKING GIGS: 10/18/24 […] The post The hot mess of concessions in real estate first appeared on Sacramento Appraisal Blog.

Real Estate 323

Real Estate Appraisal Appraisal Tips Real Estate Agent 323

Real Estate News

SEPTEMBER 27, 2024

The new law, which takes effect Jan. 1, allows agreements to be extended — but not automatically. It was created in response to the NAR settlement.

Buyers 240

Buyers Law Agents 240

Inman

SEPTEMBER 27, 2024

Douglas Elliman real estate agent and reality TV star Kendra Wilkinson has announced her return to real estate after taking a brief mental health break, "People" Magazine reported on Friday.

Real Estate 163

Real Estate Real Estate Agent Agents Brokerage 163

Appraisal Partners Blog

SEPTEMBER 23, 2024

Get an accurate home value with a Comparative Market Analysis (CMA). Appraisal Partners compares recent sales, active listings, and market trends to help you set a competitive price. Request your CMA online today for a quick and affordable property evaluation.

Home Value 148

Home Value Marketing Appraisal 148

Real Estate News

SEPTEMBER 26, 2024

The new guide from the National Association of Realtors also explains how concessions (which can be used to pay an agent) differ from offers of compensation.

Sellers 241

Sellers Realtors Agents 241

Inman

SEPTEMBER 24, 2024

Most homebuyers will continue to use an agent and most homesellers will continue to cover buyer agent commissions, writes broker-owner Eric Bramlett of Austin-based Bramlett Residential.

Agents 180

Agents Buyers Marketing 180

Housing Wire

SEPTEMBER 22, 2024

Have we seen the bottom in mortgage rates for 2024 after a crazy roller coaster ride so far this year? My 2024 forecast had a mortgage rate range of 7.25%-5.75%. To get to the lower end of this range, we needed to see two things: the labor market getting softer and the mortgage spreads improving. This is the double-whammy impact, and that’s what has happened.

Mortgage 474

Mortgage Inventory New Listings Contracts 474

Appraisal Buzz

SEPTEMBER 26, 2024

The 21 st Five Star Conference marked its final day on Thursday with the tradition of the Women in Housing Leadership Awards, an annual presentation recognizing the remarkable accomplishments of women executives working within the mortgage and housing industries. Following brief welcome remarks from Ali Haralson, President of Auction.com (which was Lead Sponsor of the luncheon), the ceremony was emceed by Jodi Gaines, CEO of Claims Recovery Financial Services.

Human Resources 370

Human Resources Government Mortgage Investors 370

Eyes on Housing

SEPTEMBER 27, 2024

State & local tax revenue from property taxes paid reached $780.9 billion in the four quarters ending in the second quarter of 2024 (seasonally adjusted), according to the Census Bureau’s estimates. This is a 1.7% increase from the revised $767.7 billion in the four quarters ending in the first quarter of 2024. Year-to-date, total state.

Property Taxes 78

Property Taxes Finance 78

Real Estate News

SEPTEMBER 24, 2024

Agent count is growing, teams are expanding and its new compensation plan — Redfin Next — is going national faster than expected, according to a top exec.

Agents 256

Agents 256

Inman

SEPTEMBER 27, 2024

Ready to improve your knowledge and take on some new ideas? Marketing tech expert Stacie Kimberlain offers a list of essential books just right for the current market.

Real Estate 151

Real Estate Business Marketing Agents 151

Housing Wire

SEPTEMBER 26, 2024

The question from the housing industry after the Federal Reserve ’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? A new report from Redfin suggests that it is already happening. The company analyzed mortgage rate-lock data from Optimal Blue and found that locks have risen 68% this week compared to one month earlier.

Real Estate Agent 409

Real Estate Agent Housing Market Agents Buyers 409

Appraisal Buzz

SEPTEMBER 23, 2024

Millennials and Gen Z account for 41% of today’s homebuyers, and last year, made up the largest share of veteran and military home buyers. Veterans United Home Loans, one of the nation’s largest VA lenders, examined the housing markets that were determined best for these young and/or first-time buyers in its “ Best Cities for Millennial and Gen Z Veteran Homebuyers.

Buyers 404

Buyers Finance Housing Market Mortgage 404

Eyes on Housing

SEPTEMBER 24, 2024

Consumer confidence fell to a 3-month low in September due to growing concerns about the job market, despite the labor market remaining healthy. Recent job growth revisions showed fewer jobs were added in 2023 than initially reported. However, the unemployment rate remained at a relatively low level and wage growth continued to outpace inflation. This.

Marketing 87

Marketing 87

Real Estate News

SEPTEMBER 21, 2024

Watch the conversation with Steve Brobeck — whose work has influenced commissions cases and DOJ investigations — as he shares concerns about industry practices.

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Inman

SEPTEMBER 27, 2024

Powerhouse luxury and celebrity real estate authority Kofi Nartey offers tips from upscale brands like Louis Vuitton and the Ritz-Carlton on how luxury real estate agents can deliver exceptional client experiences.

Real Estate Agent 144

Real Estate Agent Real Estate Clients Agents 144

Housing Wire

SEPTEMBER 23, 2024

There’s a new brokerage on the block. The recently launched Realty of America (ROA) is a fully virtual brokerage co-founded by CEO Eddie Garcia, President Mark Dimas, chief culture officer Erinn Nobel and chief operating officer Peter Nobel. The firm is launching in 23 markets across the country and has more than 2,000 agents already signed on.

Brokerage 441

Brokerage Real Estate Realty Technology 441

Appraisal Buzz

SEPTEMBER 23, 2024

With the 2024 Five Star Conference officially kicking off Tuesday at the Omni Hotel in Dallas , attendees got a jump-start on the festivities Monday by taking advantage of an array of educational opportunities presented by the Five Star Institut e. The all-day Broker Master Class got things underway, providing information needed to thrive as a broker in today’s market.

Legal 397

Legal Realty Project Management Real Estate 397

BiggerPockets

SEPTEMBER 25, 2024

Last year, Jussi Askola explained why he believes REITs are better investment vehicles than rental properties. This year, he explains why nothing has changed.

Investing 82

Investing 82

Real Estate News

SEPTEMBER 26, 2024

While touring is up, mortgage purchase applications and pending sales are subdued. Inventory shows some promise but “extra stale” listings have increased.

Buyers 215

Buyers Inventory Mortgage 215

Inman

SEPTEMBER 23, 2024

California District Judge George H. Wu declined Move's preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of "imminent, irreparable harm.

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Housing Wire

SEPTEMBER 24, 2024

Home prices have reached yet another all-time high, but the pace of growth is slowing. That’s according to the S&P CoreLogic Case-Shiller Index for July, which shows U.S. home prices rising 5% year over year. Growth in major U.S. cities was even higher, as the 10-city composite index was up 6.8% year over year and the 20-city composite index was up 5.9%.

Housing Market 421

Housing Market Realtors Marketing Mortgage 421

Appraisal Buzz

SEPTEMBER 25, 2024

Many real estate agents encounter a variety of challenges throughout their career. This workshop is meant for those who are seeking strategies to boost their earnings. Discover how to invest in the proper chances to develop your real estate portfolio and learn how to leverage your existing abilities to tap into alternative cash streams. Experts who attend will have the opportunity to participate in conversations at round tables, discussing important issues and headwinds agents face.

Real Estate 370

Real Estate Agents Investing Realty 370

Appraisal Today

SEPTEMBER 27, 2024

Newz: Rate Drops and Appraisers, UAD Overhaul, Avoiding Court September, 30 2024 What’s in This Newsletter (In Order, Scroll Down) Avoiding Court: A Common Sentiment Among Appraisers (LIA ad below) Making Waves: Appraising Waterfront Property $850K Nantucket ‘Shack’ That Looks Set To Plunge Into the Sea New UAD Overhaul: What Appraisers Can Expect in 2025 & Beyond Sticky Prices The Fed is finally lowering interest rates.

Property Appraisal 58

Property Appraisal Appraisal Training Contracts 58

Real Estate News

SEPTEMBER 24, 2024

The brokerage platform also asked a judge to dismiss a copycat commissions lawsuit, saying it fails to prove Side conspired with anyone over agent compensation.

Brokerage 224

Brokerage Agents 224

Inman

SEPTEMBER 25, 2024

In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales.

Marketing 162

Marketing Mortgage 162

Housing Wire

SEPTEMBER 26, 2024

Homebuyers will soon have access to climate risk data on Zillow , according to an announcement on Thursday. Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood , wildfire , wind, heat and air quality through risk scores, interactive maps and insights into insurance requirements. “Climate risks are now a critical factor in home-buying decisions,” Zillow chief economist Skylar Olsen said in a statement. “Healthy markets are ones where

Insurance 380

Insurance New Listings Buyers Tools 380

Appraisal Buzz

SEPTEMBER 24, 2024

S&P Dow Jones Indices has released the July 2024 results for the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reporting a 5% annual gain for July, down from a 5.5% annual gain the previous month. The 10-City Composite saw an annual increase of 6.8%, down from a 7.4% annual increase in the previous month.

Home Value 356

Home Value Marketing Mortgage Housing Market 356

BiggerPockets

SEPTEMBER 27, 2024

Tenant turnover is a huge issue. That's why it's just as important as anything else to get right. Here's how.

Tenants 78

Tenants Property Management Landlords 78

Real Estate News

SEPTEMBER 27, 2024

New owner aims to make Colorado’s largest MLS more subscriber-centric and simplify transactions as associations pledge “to create exciting new opportunities.

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Inman

SEPTEMBER 26, 2024

Whether you characterize them as "reasons" or "explanations," excuses undermine your credibility and weaken your intentions, trainer Bernice Ross writes. Find out how to stop making excuses so you can maximize your professional performance.

Real Estate 149

Real Estate Development Agents 149