Housing Wire

SEPTEMBER 28, 2024

Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently. It will likely take mortgage rates to go under 6% and stay there for an extended period to get real sustained demand growth from record-low sales levels. However, considering the affordability challenges with the housing market , it’s good to see a flip in the housing data without rates getting under 6%.

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Mortgage Inventory New Listings Contracts 506

Appraisal Buzz

OCTOBER 2, 2024

The CoreLogic Home Price Index (HPI) and HPI Forecast for August 2024 have been released by CoreLogic , revealing that although gains are expected to drop to less than 1% by next spring, home price growth picked up to about 4% year-over-year in August. Mortgage rates fell to their lowest point in over two years during the final week of September, as reported by Freddie Mac.

Home Value 435

Home Value Business Mortgage Marketing 435

Real Estate News

OCTOBER 3, 2024

In its latest consumer guide, the association offers general education about MLSs while alluding to the ongoing debate over its Clear Cooperation Policy.

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Sellers 303

Sacramento Appraisal Blog

OCTOBER 2, 2024

The 1990s are back in style. Big pants, Nirvana t-shirts, and Doc Martens. And even the housing market feels a bit like the ’90s. Let’s talk about it. UPCOMING SPEAKING GIGS: 10/18/24 Prime Real Estate (private) 10/22/24 Culbertson and Gray Group (private (I think)) 10/23/24 SAFE Credit Union (details TBA) 10/29/24 Orangevale MLS Meeting 11/7/2024 […] The post The housing market has ’90s vibes first appeared on Sacramento Appraisal Blog.

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Housing Market Marketing Real Estate Appraisal 299

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Construction

Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. Now, with agent commissions starting to decline, agents naturally want to convey the value of their services to buyers and sellers. New research from the Federal Reserve Bank of Atlanta attempts to answer one question — can my agent get a better sale price on my home than a competing agent?

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Agents Real Estate Agent Real Estate Sellers 473

Real Estate News

OCTOBER 1, 2024

Johnson oversaw historic — and very public — legal cases for the organization, including the buyer agent commission lawsuits and sexual harassment litigation.

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Legal Agents Buyers 271

George Dell

OCTOBER 2, 2024

Around every corner, someone wants appraiser’s to buy their technology. We get techhype – buy our wonderful. “Prove your adjustments.” “Bulletproof your reports.” Technology of computers and especially software. “Buy our most clever delivery product.” We started with electric typewriters and adding machines. Then calculators (like the hp12c) and fast dot-matrix printers. […] The post Technology: Buy or Sell?

Technology 195

Technology Appraisal Valuation 195

Housing Wire

OCTOBER 4, 2024

A stronger than expected September jobs report is not great news for the Federal Reserve or the housing industry, which was hoping for a swift decline in interest rates. Data from the U.S. Bureau of Labor Statistics released on Friday shows that 254,000 non-farm payroll jobs were added in September. This is higher than the average monthly gain of 203,000 jobs over the past 12 months.

Construction 458

Construction Housing Market Government Real Estate 458

Appraisal Buzz

OCTOBER 3, 2024

Following the Federal Reserve ‘s 50 basis point reduction in the jumbo rate in September, mortgage rates significant fell to a 24-month low, prompting sellers to move. The Realtor.com 2024 September Housing Report states that actively listed properties increased by 34.0%, while newly listed homes increased by 11.6% over the previous September. This represents a major reversal from the 0.9% fall in August 2024.

Marketing 418

Marketing New Listings Sellers Advertising 418

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Real Estate

Real Estate News

SEPTEMBER 30, 2024

Home Price Index went up 4.1%, while starter homes are more affordable than they’ve been in four years — in part due to a shift in perspective.

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Inman

OCTOBER 1, 2024

After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving.

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Legal Realtors Brokerage 186

Housing Wire

OCTOBER 2, 2024

In a recent episode of the “ New Home Insights Podcast, “ John Burns, the founder and CEO of John Burns Research & Consulting , sits down with Don Mullen, founder and CEO of Pretium Partners , for a fireside chat at the Rental Communities Summit. Prior to founding Pretium, Mullen was the head of global credit and mortgages at Goldman Sachs. Pretium is a real estate investment firm that focuses on single-family rental (SFR), build-to-rent (BTR) and fix-and-flip properties.

Real Estate 459

Real Estate Investing Landlords Tenants 459

Appraisal Buzz

OCTOBER 1, 2024

With Hurricane Helene, the eighth named storm of the season, having made landfall as a Category 4 hurricane in Florida’s Big Bend region last Friday , cleanup from this devastating storm is underway, as people piece their lives back together after Mother Nature wreaked havoc throughout the Southeastern U.S. The death toll currently stands at 140-plus from Hurricane Helene, and CoreLogic announced initial residential and commercial storm surge and wind loss estimates for Hurricane Helene for insu

Home Improvement 418

Home Improvement Insurance Home Value Sellers 418

Real Estate News

OCTOBER 3, 2024

Mortgage rates remain relatively low, and buyer activity, including home tours and mortgage purchase applications, are up.

Buyers 254

Buyers Mortgage 254

Inman

SEPTEMBER 30, 2024

Entrepreneurs aligned with a major network, like RE/MAX, can leverage a brand consumers know and trust.

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Real Estate Agent Real Estate Business Agents 183

Housing Wire

OCTOBER 4, 2024

Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower, which it has. However, it works both ways. Recently, I’ve written that mortgage rates may have bottomed for 2024 because they got toward the low-end range of my 2024 forecast , and unless the labor market gets much weaker, this is it.

Mortgage 449

Mortgage Construction Retail Government 449

Appraisal Buzz

OCTOBER 1, 2024

Realtor.com has found that , amid rising home prices and mortgage rates, real estate investors are still finding hidden gems in affordable metros across the country, with Dayton, Ohio, standing out as the top destination for property investment in 2024. “For buyers interested in investing in rental properties or other real estate, it’s key to know which areas are both affordable and in high demand to be able to capitalize on any investment opportunities, especially with today’s higher prices and

Real Estate 416

Real Estate Investors Investing Buyers 416

Real Estate News

SEPTEMBER 30, 2024

Plaintiffs in the Sitzer/Burnett commissions case are seeking preliminary approval for deals with 15 non-Realtor MLSs and 13 real estate brokerages.

Brokerage 248

Brokerage Realtors Real Estate 248

Inman

SEPTEMBER 30, 2024

University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.

Contracts 182

Contracts Law Buyers Realtors 182

Housing Wire

OCTOBER 2, 2024

Three Texas-based multiple listings services (MLSs) are teaming up. The Houston Association of Realtors (HAR) , San Antonio Board of Realtors (SABOR) and Austin-based Unlock MLS are entering into a data sharing agreement that will give Realtors access to each other’s listings, with the deal set to be finalized by the end of the year. “Comparative market intelligence empowers agents to think differently about their own marketplace and deliver more robust and tailored market expertise to their cli

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Realtors Real Estate Agents Clients 448

Appraisal Buzz

SEPTEMBER 30, 2024

This piece originally appeared in the September 2024 edition of MortgagePoint magazine, online now. As the mortgage industry adjusts to changes in regulatory compliance, rising interest rates, declining purchase volume, and overall economic uncertainty, servicing becomes more important to both mortgage holders and their homeowners. Homeowners are increasingly interested in a seamless and digital, user-friendly experience throughout the mortgage journey, from application to closing and on to t

Technology 406

Technology Tools Investing Mortgage 406

Real Estate News

OCTOBER 4, 2024

While higher levels of employment is good news for real estate in the long term, rising rates may put a damper on home sales this fall.

Real Estate 237

Real Estate Mortgage 237

Inman

SEPTEMBER 28, 2024

It seems everyone's talking about Clear Cooperation these days. Is the policy a power grab from NAR and the MLSs or a sincere effort to level the playing field for buyers?

Buyers 181

Buyers Brokerage Agents 181

Housing Wire

SEPTEMBER 30, 2024

Starter homes are more affordable to the average American than they were a year ago, but they have become significantly less affordable over the past decade. That’s the conclusion Redfin reached in a data report released Monday. The national real estate brokerage analyzed household income levels and monthly housing payments to calculate its affordability metric.

Buyers 447

Buyers Real Estate Mortgage Brokerage 447

Appraisal Buzz

OCTOBER 4, 2024

It might go without saying that a junk-cluttered yard does a home seller no favors—in fact, six in 10 real estate agents estimate that an unkempt front yard decreases a property’s value by 20% or more. But what constitutes junk? Trash or discarded building materials? Sure. What about a boat, RV, or children’s toys? What if a neighbor is the clutter-collecting culprit—could the adjacent property take a home-value hit?

Home Value 397

Home Value Real Estate Agent Sellers Real Estate 397

Real Estate News

SEPTEMBER 28, 2024

Agents are slowly warming up to the new reality in real estate sales, though most still believe the NAR settlement will have a negative effect on the industry.

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Agents Real Estate 237

Inman

OCTOBER 4, 2024

The Agency Panama's Victoria Levitam offers insight into the investment potential of Panama, a hidden gem offering exceptional opportunity and quality of life.

Investing 178

Investing Real Estate Brokerage Marketing 178

Housing Wire

OCTOBER 3, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. It’s almost that time of year! The leaves are starting to turn, kids are back in school, and the fall real estate market is in full swing. We have only three months until the end of the year, so if you’re looking to close a few more deals and fill your pipeline for the spring, the time to put in the work is now.

Real Estate 444

Real Estate Decorating Marketing Real Estate Agent 444

Appraisal Buzz

OCTOBER 3, 2024

According to a new Redfin analysis, in the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed hands, representing the lowest turnover rate in decades. Further data found that some 31% fewer homes were sold this year than in the final pre-pandemic year of 2019 (36 of every 1,000), and 37.5% fewer homes were sold this year than during the peak of the pandemic buying frenzy in 2021 (40 of every 1,000).

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HOA Property Taxes Advertising Real Estate Agent 397

Real Estate News

SEPTEMBER 29, 2024

Home prices also will increase, with the median at more than $900,000, C.A.R. predicts. But the recent drop in mortgage rates may help with affordability.

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Mortgage 236

Inman

OCTOBER 1, 2024

Compliance expert Summer Goralik tackles why the commission-splitting debate remains unresolved and whether listing agreements should still include buyer agent compensation fields.

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Agents Buyers Realtors Brokerage 177

Housing Wire

OCTOBER 1, 2024

Katie Johnson is stepping down from her role as chief legal officer for the National Association of Realtors. CEO Nykia Wright informed NAR members of the news in an email sent Tuesday and obtained by HousingWire. Johnson, who has spent 17 years at the trade association, has also been serving as NAR’s chief membership experience officer. Her last day will be Oct. 4.

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