Housing Wire
DECEMBER 19, 2023
Boom! Housing starts had an epic beat Tuesday, which usually means the data will get revised lower at some point, but one thing is for sure: the housing starts and new home sales sector came to throw shade at the 2023 recession crowd. Many say housing leads the economy into a recession, which has been the case for decades since higher rates tend to put the U.S. economy into a recession.
Real Estate News
DECEMBER 19, 2023
The Department of Justice has inserted itself — again — in the Nosalek buyer-broker commissions case ahead of final settlement approval.
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Housing Wire
DECEMBER 19, 2023
The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving consumer behaviors. 1. Technology 2024: Proptech challenges and profitability pursuit The proptech sector, a technological cornerstone of the real estate space heavily reliant on venture capital, has encountered formidable challenges in the past year.
Real Estate News
DECEMBER 19, 2023
Art Carter and Brian Donnellan, CEOs of the nation’s largest MLSs, are pals as well as colleagues, walking the talk of collaboration in challenging times.
Housing Wire
DECEMBER 19, 2023
The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. That’s one reason total sales volume has been so low, but it looks now like that’s starting to change. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024.
Real Estate News
DECEMBER 19, 2023
The latest NAHB survey shows improving builder confidence, and even Fannie Mae’s more bearish economists see a recovery ahead.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 19, 2023
Small cities in New Hampshire and Connecticut dominated the search portal's most popular markets for 2023.
Housing Wire
DECEMBER 19, 2023
Housing starts rose in November, significantly beating expectations. New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s 14.8% above the revised October estimate of 1,359,000 and 9.3% above the November 2022 rate of 1,427,000. Single-family building activity drove November residential construction activity.
Inman
DECEMBER 19, 2023
The good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking ready to come down significantly next year.
Housing Wire
DECEMBER 19, 2023
Big Four title firm Fidelity National Financial and its subsidiary mortgage subservicer Loancare are facing a class action lawsuit alleging that they were negligent with customer data and that they breached their contract, after the firm was the victim of a cyber security attack in late-November. The suit was filed last Tuesday by Teneika Tillis, a Loancare servicing client, in U.S.
Inman
DECEMBER 19, 2023
Landing is now partnering with personal identity verification company CLEAR to shrink the time needed for its tenants to move from place to place.
Housing Wire
DECEMBER 19, 2023
The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. In a letter filed on Monday, the DOJ told Judge Patti Saris that it had concerns about the second amended settlement agreement.
Inman
DECEMBER 19, 2023
If you can let go of some of the control, writes Luke Babich, you can take advantage of exceptional upside potential when you invest through real estate syndications.
Housing Wire
DECEMBER 19, 2023
High-profile government actions against some of the nation’s largest financial firms for alleged violations of fair lending laws and loan servicing principles have sent a sobering message to industry CEOs and their boards: the buck stops at the top. We have entered a new regulatory era, one filled with expectations that a firm’s compliance with the letter and spirit of the law has the full attention of the C-suite and boardroom — not relegated to back-office compliance department functions.
Inman
DECEMBER 19, 2023
Once valued at $47 billion, WeWork attorneys argue that releasing the names of its 600,000 clients would allow office landlords to poach customers.
Eyes on Housing
DECEMBER 19, 2023
Single-family construction surged in November as lower mortgage rates helped to assuage affordability concerns and unleash pent-up demand for housing. Overall housing starts increased 14.8% in November to a seasonally adjusted annual rate of 1.56 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S.
Inman
DECEMBER 19, 2023
According to research, writes Nikki Beauchamp, by aligning yourself with those who complement your skill set and creating a systematic approach to networking, you can add targeted leverage to your real estate business.
The Appraiser Coach
DECEMBER 19, 2023
I’ve started getting into investing over the last couple of years, and I had an experience related to that that I want to share with you. I started looking at getting into short-term rentals. I’m smart enough to know what I don’t know, and I started looking for someone who could teach me how to make this work. I found a group that sounded really promising.
Inman
DECEMBER 19, 2023
Investing in real estate doesn't have to bring a big tax bill. In fact, there are plenty of ways to minimize your taxes while making healthy returns. Here are the top seven.
BiggerPockets
DECEMBER 19, 2023
Do you want to make $50,000 in six weeks? Even in this housing market, it’s more than possible.
Inman
DECEMBER 19, 2023
The antitrust enforcer says it "continues to have concerns" about a proposed deal between homesellers and broker-owned multiple listing service MLS PIN.
Mortgagebroker News
DECEMBER 19, 2023
Average income needed surges
Inman
DECEMBER 19, 2023
In the most recent edition of his Snapshot series, Brandon Doyle talks to Saul Klein about being at the forefront of technology and internet adoption in the residential real estate industry.
Birmingham Appraisal
DECEMBER 19, 2023
Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. There was a popular post that many agents were sharing on Facebook recently that listed all of the hats that an agent must wear. While I cannot speak to most of those duties, or how to do them, I do have something that I would like to share regarding the pricing and appraisal part of their job.
Inman
DECEMBER 19, 2023
As we leave 2023 behind, how are you going to move forward with confidence and take advantage of the opportunity to build momentum for 2024?
Mortgagebroker News
DECEMBER 19, 2023
It will build over 3,000 housing units over the next three years
Inman
DECEMBER 19, 2023
Seattle-based brokerage and mortgage lender Flyhomes announced another round of layoffs on Friday. The company had layoffs in July and November 2022, with one round impacting 20 percent of its workforce.
Mortgagebroker News
DECEMBER 19, 2023
Headline inflation is expected to reach lowest level since March 2021
Inman
DECEMBER 19, 2023
Housing starts jumped 14.8 percent between October and November to a seasonally adjusted annual rate of 1.56 million. That's 9.3 percent higher than they were in December 2022.
Will Springer Realtor
DECEMBER 19, 2023
The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. Buyers and sellers tiptoed through caution. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Welcome to our sixth annual look back at the year that was and to predictions and projections for the coming 12 months in real estate for Seattle/King County and beyond.
Inman
DECEMBER 19, 2023
Entrepreneurship requires fundamental changes, no matter what your previous occupation may have been. Broker Nick Schlekeway outlines the seven lessons you'll need to learn to be successful.
Lamacchia Realty
DECEMBER 19, 2023
NOVEMBER 2023 massachusetts housing report MASSACHUSETTS Home Sales Down, Average Prices Up Home sales are down 11.2% year over year, with November 2023 at 5,397 compared to 6,078 last November. Sales are down across all categories. Single families: 3,813 (2022) | 3,447 (2023) Condominiums: 1,662 (2022) | 1,487 (2023) Multi-families: 603 (2022) | 463 (2023) Average sales price increased 4.5% year-over-year, now at $669,783 compared to $640,766 in November 2022.
Inman
DECEMBER 19, 2023
Find out how Seattle real estate broker Val Burmester started her business by making exceptional connections from Day One.
Lamacchia Realty
DECEMBER 19, 2023
NOVEMBER 2023 connecticut housing report CONNECTICUT Home Sales Down, Average Prices Up Home sales are down 12.9% year over year, with November 2023 at 2,732 compared to 3,138 last November. Sales are down across all categories. Single families: 2,402 (2022) | 2,109 (2023) Condominiums: 736 (2022) | 623 (2023) Average sales price has increased by 8.2% compared to last year, now at $501,833 from $463,602.
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