Housing Wire

NOVEMBER 22, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. The real estate market is constantly shifting, and today’s market calls for agents to return to the more tried-and-true marketing strategies. While the post-COVID market saw homes selling at record speeds, recent changes have shown us the importance of foundational tactics for success.

Open Houses 373

Open Houses Agents Real Estate Tools 373

Appraisal Buzz

NOVEMBER 22, 2024

According to the Q3 2024 Verisk Remodel Index , the cost of home repairs and remodeling in the third quarter of 2024 continued to increase, rising by 1.08% quarter-over-quarter, and just over 3.35% from the third quarter of. Costs set new highs for the past decade, rising over 69.5% from Q1 of 2013. “Repair and remodeling costs continue to increase across the country, but the rate of increase is returning to pre-pandemic levels,” said Greg Pyne, VP, Pricing for Verisk Property Estimating Solutio

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Appraisal Marketing 221

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Fix-and-flip lender Kiavi , in partnership with John Burns Research and Consulting , released its Q3 2024 fix-and-flip market report this week.

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Investors Mortgage Property Taxes Inventory 300

Appraisal Buzz

NOVEMBER 22, 2024

A new survey from Redfin found that slightly more than one in five (22%) U.S. renters said all of their regular income goes directly to paying their rent. In order to help make ends meet, working a second job was the most common way cited for renters to pay housing costs, with 20% of renters stating they held additional employment. Nearly the same share (19%) say they have worked a job they hated in order to afford rent.

Construction 221

Construction Appraisal Marketing 221

Housing Wire

NOVEMBER 22, 2024

Treating older patients with chronic health conditions can already be a challenge for medical professionals, but some of these challenges can bite harder if a patient endures preventable trauma, including a fall. That’s why it’s so important to ensure a living space is appropriately fashioned for aging in place. This is according to James Taylor, a physician and founder of DwellSafe , a company that assesses homes for risks of falling.

Insurance 269

Insurance Design 269

Appraisal Buzz

NOVEMBER 22, 2024

Demand for “have-it-all” properties and the “forever dream home” will shape this spring’s luxury housing market, according to the Coldwell Banker Global Luxury 2024 Mid-Year Trend Report , which forecasts growing optimism among affluent consumers and an influx of desirable inventory. The bi-annual report reveals a resilient luxury real estate market in the first six months of 2024 that is slightly outpacing performance from the equivalent period in 2023.

Buyers 221

Buyers Luxury Properties Marketing Inventory 221

Appraisal Buzz

NOVEMBER 22, 2024

Mortgage origination volume increased 1.9% during the third quarter, according to ATTOM’s U.S. Residential Property Mortgage Origination Report. About 1.67 million residential mortgages were issued during the quarter, according to the firm’s data. Driving the increase was a drop in mortgage rates that came in September. Still, volume is down by nearly two-thirds compared with the high point hit in 2021.

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Mortgage Lending Buyers Appraisal 195

Housing Wire

NOVEMBER 22, 2024

More than a year after a Missouri jury issued its landmark verdict in the Sitzer/Burnett commission lawsuit , the National Association of Realtors (NAR), HomeServices of America , and all of the MLSs and brokerages that chose to opt into a settlement are hoping to finally get some closure next week. On Tuesday, Nov. 26, Judge Stephen R. Bough will hold a final approval hearing for the aforementioned settlements.

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Realtors Sellers Brokerage Buyers 238

Appraisal Buzz

NOVEMBER 22, 2024

The U.S. Department of Housing & Urban Development (HUD) has released the results of the 2024 Federal Employee Viewpoint Survey (FEVS) , an annual survey of government employees tracking how federal employees view their current work environment, including workforce management, policies, and new initiatives. Results from this year’s report show HUD employees feel more protected in the workplace, are inspired to innovate and create new approaches to reach our goals, and are dedicated to meet t

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Government Development Appraisal 195

Housing Wire

NOVEMBER 22, 2024

As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024, representing a small change after four years of fluctuations.

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Real Estate Investors HOA Housing Market 198

Appraisal Buzz

NOVEMBER 22, 2024

The U.S. mortgage delinquency rate dropped slightly in October compared with September to reach 3.45% of all loans, according to ICE Mortgage Technology’s First Look report. Still, the delinquency rate was up 6% compared with October 2023. As of the end of the month there were about 1,869,000 properties in some stage of delinquency (30 days or more past due but not in foreclosure), down about 11,000 compared with September but up by about 135,000 compared with October 2023.

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Mortgage Inventory Appraisal 195

Housing Wire

NOVEMBER 22, 2024

White-label brokerage Side has accused Official Partners and the Alexander brothers of defaulting on a loan. The brothers say Side manufactured the default. In their first court filing in the case, Official, Oren Alexander and Tal Alexander claim that Side broke the terms on the loan by unilaterally dissociating their real estate licenses, which resulted in one of the alleged events of default.

Brokerage 198

Brokerage Real Estate Agent Real Estate Construction 198

Real Estate News

NOVEMBER 22, 2024

Chronic undersupply has led to an affordability crisis, but real estate professionals can help by supporting new development in their communities, experts say.

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Agents Real Estate Development 177

Housing Wire

NOVEMBER 22, 2024

Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent on Thursday filed an amended complaint in their antitrust suit against the National Association of Realtors (NAR) in the U.S. District Court for the Eastern District of Michigan. The plaintiffs take issue with what they claim is a requirement for agents and brokers — in Michigan and nationally — to be members of NAR, their state Realtor association and a local Realtor association in order to gain access to the MLS.

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Realtors Real Estate Real Estate Agent Agents 198

Real Estate News

NOVEMBER 22, 2024

“Volunteers” and execs enjoy large salaries and perks, while hard-working members are the ones who bear the burden.

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Inman

NOVEMBER 22, 2024

Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost.

Brokerage 123

Brokerage Agents Marketing 123

Real Estate News

NOVEMBER 22, 2024

Agents suing NAR over membership requirements say associations no longer offer any benefit, while eight defendants were dropped from a Georgia commissions case.

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Agents 147

Inman

NOVEMBER 22, 2024

EXp Realty's chief marketing officer also told Inman that the company's revenue share can be life changing for some agents, and expressed cautious optimism for the housing market in 2025.

Agents 126

Agents Realty Housing Market Marketing 126

Real Estate News

NOVEMBER 22, 2024

Team and franchise leader Shanan Steere named director of growth operations for KW; John Holley, CEO of Texas' largest MLS, retiring after 20 years.

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Inman

NOVEMBER 22, 2024

Broker-owner Butch Leiber offers tips for providing a higher level of service to clients and conveying a higher level of professionalism to the public.

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Clients Development Real Estate Agents 143

Appraiserblogs

NOVEMBER 22, 2024

Mark Calabria’s discussion with ARCC revealed the GSEs’ agenda to reduce “appraisal friction” by eliminating the role of professional appraisers and the appraisal process altogether. The recent discussion hosted by the Appraisal Regulation Compliance Council (ARCC) with Mark Calabria, the former Director of the Federal Housing Finance Agency (FHFA), offered a rare and illuminating glimpse into the inner workings and mindset of the nation’s housing finance regulators

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Appraisal Appraisal Process Finance Mortgage 121

Inman

NOVEMBER 22, 2024

Leverage past clients, drum up new business and show your value with these relationship-building strategies from luxury real estate agent Evan Roth.

Clients 141

Clients Real Estate Agent Real Estate Agents 141

Mortgagebroker News

NOVEMBER 22, 2024

Homebuying activity picked up in October, but affordability and supply challenges are leading a growing number of Vancouver residents to consider the growing trend

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Housing Market Marketing 45

Inman

NOVEMBER 22, 2024

Think of branding as a cumulative effort, broker Nick Schlekeway writes, where each post, interaction and marketing campaign adds another layer to the image you’re building.

Marketing 92

Marketing Agents 92

BiggerPockets

NOVEMBER 22, 2024

If you follow the almost unbelievable path of today’s guest, you, too, could achieve financial independence in your thirties. Would we recommend mimicking his strategy step-by-step? No!

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Inman

NOVEMBER 22, 2024

You know that mindful practices can change how you feel and how you work, but the truth is they're often boring and hard to implement. That's actually the whole point, Aaron Hendon writes.

Agents 117

Agents 117

Mortgagebroker News

NOVEMBER 22, 2024

Proposed changes aim to streamline hearings, improve technology, and reduce delays that hurt landlords and tenants

Tenants 48

Tenants Landlords Technology 48

Eppraisal

NOVEMBER 22, 2024

Water damage in homes can be a major problem for homeowners. Fortunately, new technologies are changing how experts deal with removing water and drying out homes. Today, they use special tools to find moisture hidden inside walls and floors. They also have advanced drying machines that remove water and dampness from homes much faster than before. Computerized systems help the experts plan and manage the whole water removal process.

Technology 36

Technology Tools Insurance Home Improvement 36

BiggerPockets

NOVEMBER 22, 2024

If you invest right, real estate can offer asymmetric returns: high potential returns with relatively low risk.

Real Estate 40

Real Estate Investing 40

Mortgagebroker News

NOVEMBER 22, 2024

New initiatives focus on unlocking housing options, improving LTB operations, and more

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BiggerPockets

NOVEMBER 22, 2024

Want to estimate your NOI (net operating income) BEFORE you buy a rental property?

Real Estate 44

Real Estate Investing 44

Mortgagebroker News

NOVEMBER 22, 2024

Broker network names new CIO, parts ways with CTO

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BiggerPockets

NOVEMBER 22, 2024

Much of the pandemic-era hotspots have cooled down, namely in Florida.

Housing Market 44

Housing Market Investors Marketing 44

Mortgagebroker News

NOVEMBER 22, 2024

Lender alleges millions in unpaid GST and withheld payments as it seeks receivership

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Development Mortgage 37