Housing Wire

JANUARY 27, 2025

The founders also cited the National Association of Realtors ‘ antitrust lawsuits as a key motivator behind Indigo’s launch. Indigo is a search platform that allows buyers to bid on agent-approved listings. The Home Checkout feature validates buyer offers before the transaction continues.

Real Estate 369

Real Estate Real Estate Agent Agents Brokerage 369

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. In addition to all of these challenges, economic factors outside of housing are making it harder for potential buyers to acquire qualifying mortgage loans. How are real estate investors responding?

Mortgage 338

Mortgage Training Construction Investors 338

Housing Wire

FEBRUARY 21, 2024

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. The company also lists Comcast Ventures , Revolution and Camber Creek as investors. Founded in 2017, Curbio is based in Potomac, Md.

Home Improvement 435

Home Improvement Realtors Real Estate Agent Inspection 435

Housing Wire

NOVEMBER 21, 2024

million, according to data released Thursday by the National Association of Realtors (NAR). The share of first-time buyers rose slightly to 27% in October, up from 26% a month before, but down from 28% in October 2023. Individual investors purchased 17% of homes sold in October, up from 16% a month ago and 15% a year ago.

Inventory 370

Inventory Home Improvement Realtors Real Estate 370

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. That revenue concentration seems to be what had investors heading for the exits on Friday.

Investors 482

Investors Agents Real Estate Buyers 482

Housing Wire

APRIL 25, 2024

Buyers are really struggling.” Cincinnati is a great place to live,” said Julie Back , the executive sales vice president of Sibcy Cline Realtors. I think a lot of it has to do with there are just fewer houses available,” said Mark Meinhardt, a senior vice president at Sibcy Cline Realtors. Baby boomers are not moving.

Buyers 459

Buyers Marketing Inventory Investors 459

Housing Wire

MARCH 3, 2025

The debate surrounding the National Association of Realtors (NAR) Clear Cooperation Policy is raging on. In a 2023 consumer survey , Zillow found that 91% of buyers believe they should be able to see all of their housing options for free and without barriers in a single location. Pareja isnt the only executive who feels this way.

Legal 380

Legal Sellers Realtors Agents 380

Housing Wire

JANUARY 30, 2025

If a broker is working with an investor that happens to dabble in non-QM, then they’re not going to get all the best practices we’ve aggregated over the last 12 years. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors.

Construction 332

Construction Marketing Investors Renovations 332

Housing Wire

NOVEMBER 11, 2024

As a panel of real estate leaders gathered to discuss the future of the MLS at the National Association of Realtors ‘ NXT conference in Boston, Errol Samuelson , Zillow ‘s chief industry development officer, found himself and his company in a bit different standing than usual with the audience of several hundred agents and brokers.

Sellers 370

Sellers Brokerage Agents Buyers 370

Housing Wire

OCTOBER 1, 2022

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. All cash buyers now stand at 24%. Historically 2.5

Realtors 418

Realtors Housing Market Marketing Buyers 418

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. This data shows early signs of a slowdown in the retail housing market in June that was anticipated by real estate investors buying properties at foreclosure auction in March.

Housing Market 435

Housing Market Buyers Marketing Retail 435

Housing Wire

AUGUST 30, 2024

The proposed settlement between the National Association of REALTORS ( NAR ) and class-action litigants has prompted much discussion about a series of practice changes affecting compensation for real estate professionals. For reasons both practical and legal, buyer-agent commissions are not today explicitly financeable with a mortgage.

Finance 448

Finance Buyers Agents Insurance 448

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. million, respectively.

Buyers 482

Buyers Brokerage Agents Realtors 482

Housing Wire

MARCH 8, 2024

At the height of the pandemic there were bidding wars and all that, but it didn’t seem impossible, but now it seems impossible to get our buyers into homes,” said Heather Corrigan , a RE/MAX Signature Homes agent based in Closter, a borough that is 24 miles north of Manhattan and renown for its schools.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

MARCH 31, 2021

The Bay City Realtor Association reported that 222 homes have already been sold in 2021 – a 7.9% “People come here and they see our prices, and their eyes become saucers,” said Barb Appold, a realtor for Berkshire Hathaway Home Services MI Real Estate. Other agents mentioned that investors are swarming, as well.

Buyers 418

Buyers Investors Realtors Agents 418

Appraisal Buzz

MARCH 20, 2025

million, according to the National Association of Realtors (NAR). Home buyers are slowly entering the market, says Lawrence Yun, chief economist for NAR, in a statement. Individual investors or second-home buyers, The post NAR: Existing-Home Sales Jumped 4.2 Existing-home sales increased 4.2% in the South, and up 13.3%

Home Value 195

Home Value Inventory Buyers Realtors 195

Housing Wire

AUGUST 1, 2024

As brokerage firms fine tune how to handle the business practice changes outlined in the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement , which are set to go into effect on August 17 , many are focusing on how their agents will handle compensation on both the buy-side and the sell-side.

Sellers 448

Sellers Buyers Agents Law 448

Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. You can also create messaging for your investor clients to inform them of possible investment opportunities. Here are some of the ways you can segment your contacts.

Real Estate 397

Real Estate Clients Tools Sellers 397

Housing Wire

JULY 18, 2024

launched on Wednesday to serve international investors in U.S. ” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. .” Miami -based startup Waltz Inc. A digital U.S.

Finance 448

Finance Real Estate Investors Legal 448

Housing Wire

APRIL 14, 2023

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 459

Realtors Buyers Inventory Investors 459

Housing Wire

FEBRUARY 1, 2023

While mortgage rates have been trending lower, rates are still higher than 12 months ago, but some experts anticipate that the downward pressure on rates will provide opportunities for buyers. Investors are betting that the economic slowdown and the Fed’s eventual victory over inflation will result in lower rates over time,” Fratantoni said.

Buyers 418

Buyers Mortgage Landlords Law 418

Appraisal Buzz

DECEMBER 19, 2024

compared with November 2023, according to the National Association of Realtors (NAR). More buyers have entered the market as the economy continues to add jobs, housing inventory grows compared to a year ago, and consumers get used to a new normal of mortgage rates between 6 percent and 7 percent. Existing-home sales increased 4.8%

Buyers 195

Buyers Realtors Inventory Investors 195

Housing Wire

DECEMBER 16, 2022

In the first few months of 2022, primary-residence buyers and second-home buyers (investors and vacation buyers) flocked to the market at a frenzied pace under the correct assumption that mortgage rates would rise. The housing affordability crisis has pushed potential buyers to the sidelines.

Buyers 497

Buyers Realtors Inventory Sellers 497

Housing Wire

APRIL 25, 2024

in March compared to February despite rising mortgage rates , according to data released Thursday by the National Association of Realtors (NAR). The number of buyers who are bringing all cash to the transactions has been on the rise. Luxury buyers have also been resilient, Sturtevant added. Pending home sales increased by 3.4%

Inventory 482

Inventory Buyers Realtors Investors 482

Housing Wire

OCTOBER 1, 2024

The role and value of real estate agents has come under scrutiny since the National Association of Realtors (NAR) settled a bevy of antitrust lawsuits related to offers of agent compensation on Realtor-owned multiple listing services (MLSs). But Rayse claims that buyer agents spend roughly 87 hours on a single transaction.

Agents 448

Agents Real Estate Agent Real Estate Brokerage 448

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Modernization 468

Housing Wire

MAY 10, 2021

Low home prices, large lots, and an up-and-coming downtown area, said Toni Reinhart, a realtor for Iron Valley Real Estate in Harrisburg. Harrisburg was really stagnant for a long time, but a bunch of investors have focused on upgrading the city.” What, then, is driving people to this central Pennsylvania city?

Buyers 322

Buyers Real Estate Agent Real Estate Inventory 322

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 However, a seller is also a natural homebuyer, unless they’re an investor. As you can see from this NAR report, cash buyers as a percent of sales is slightly lower now than levels in 2016. million and 6.16

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Inman

AUGUST 21, 2024

How to build client roster by helping them invest in homes via the mid-term rental strategy Help buyers complete transactions by using mid-term rentals to bridge gaps in housing How realtors can make extra money by managing and co-hosting homes in the mid-term rental space (and also a way to find buyers via tenants) How […]

Realtors 166

Realtors Tenants Investors Clients 166

Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 Then when you add move-up, move-down, cash, and investor buyers together, we should be able to always have total home sales — both new and existing — at 6.2 This number is above my trend sales peak of 6.2

Inventory 539

Inventory Investors Housing Market Buyers 539

Housing Wire

JUNE 21, 2024

According to the May 2024 existing-home sales report from the National Association of Realtors (NAR), sales volume fell 2.8% First-time buyers made up 31% of sales, down from 33% in April but up from 28% one year ago. Individual investors and second-home buyers accounted for 16% of sales, up from 15% a year ago.

Inventory 435

Inventory Realtors Housing Market Buyers 435

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new.

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

JULY 15, 2022

He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive. As a novice real estate investor at the time, the market downturn completely wiped me out.

Real Estate 418

Real Estate Realtors Brokerage Business 418

Housing Wire

MAY 24, 2024

Prior to CoStar’s acquisition, Homes.com sold buyer leads to agents but ceased this practice after the deal. In its first-quarter 2024 investor presentation, CoStar Group announced that Homes.com had surpassed 110 million monthly unique visitors, based on data from Google Analytics. We wish him the best of luck in his future endeavors.“

Real Estate 464

Real Estate Agents Realtors Investors 464

Housing Wire

SEPTEMBER 26, 2024

As of May 2024, the median price of a single-family home in the state reached $904,210, while the median household income stands at $91,551 (California Association of Realtors, U.S. Investor activity : Institutional investors purchasing single-family homes for rentals have reduced inventory for individual buyers.

Mortgage 488

Mortgage Supply Chain Real Estate Investors 488

Housing Wire

JANUARY 8, 2024

To the buyer of an $800,000 home putting down 20%, the mortgage savings would be roughly $500. If buyers try to time their home purchase to the return of record-low rates and the historically low rates don’t return, their wait could prove costly. The 10-year Treasury closed 2023 below 4% (3.87%) from more than 5% just a month earlier.

Lending 458

Lending Development Investors Finance 458