Housing Wire

JANUARY 22, 2025

Online real estate marketplace Auction.com announced Wednesday that it is launching SmartSale, a technology-powered option to foreclosure that lets distressed homeowners list and sell their property. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

Real Estate Agent 369

Real Estate Agent Real Estate Sellers Buyers 369

Appraisal Buzz

MARCH 10, 2025

Drive purchase mortgage growth: The transaction will generate significant revenue synergies across search, real estate brokerage, mortgage origination, title and servicing. Rocket will match homebuyers with the best real estate agents and the best loan officers across the combined companies.

Real Estate Agent 386

Real Estate Agent Brokerage Real Estate Agents 386

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. As we get into 2024, if interest rates touch the 5% mark, we can assume a market that heavily favors sellers.

Real Estate Agent 475

Real Estate Agent Real Estate Buyers Agents 475

Housing Wire

NOVEMBER 13, 2023

Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers.

Real Estate Agent 434

Real Estate Agent Real Estate Agents Sellers 434

Housing Wire

MARCH 5, 2025

Among those with mortgages, 47% reported having locked in an interest rate below 4%. Economic uncertainty also plays a role in sellers’ hesitation, with 29% saying they would delay selling in the event of a major downturn. And 30% of this group expressed concerns about losing their current rate if they sell their home.

Property Taxes 476

Property Taxes Housing Market Real Estate Agent Real Estate 476

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. But with RateReduce Sell, sellers will be able secure a lower rate by buying down points permanently.

Sellers 459

Sellers Real Estate Agent Loan Officers Mortgage 459

Housing Wire

APRIL 7, 2021

Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic. Real estate agents and LOs: the great collaboration.

Sellers 518

Sellers Real Estate Real Estate Agent Loan Officers 518

Housing Wire

OCTOBER 7, 2020

August’s HPSI survey revealed both a confident seller’s and buyer’s market, however, Fannie Mae reported September buyers showing more hesitancy. Despite real estate agents reporting record numbers, buyer morale fell 5% with 54% of respondents saying it is a good time to buy a home. Presented by: NAMB. Presented by: NAMB.

Sellers 538

Sellers Real Estate Agent Buyers Design 538

Housing Wire

JANUARY 22, 2025

Rocket Companies today announced the launch of Rocket.com, officially putting Rocket Mortgage and Rocket Homes on the same platform. Rocket.com is designed for serious buyers and sellers, offering a streamlined path to homeownership, said Jamie Belsky, chief product and design officer at Rocket.

Real Estate Agent 370

Real Estate Agent Design Real Estate Clients 370

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. And because mortgage rates have been above 7% for about two months consecutively, the cost of financing is extreme. According to the brokerage, 6.5%

Sellers 516

Sellers Buyers Inventory Real Estate Agent 516

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Clients 459

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. Despite two interest rate cuts by the Federal Reserve, mortgage rates rose again and remain stubbornly high. Its a symptom of a market thats transitioning away from sellers.

Housing Market 370

Housing Market Marketing New Listings Sellers 370

Appraisal Buzz

NOVEMBER 4, 2024

First-time buyers face high home prices, high mortgage interest rates and limited inventory, making them a decade older with significantly higher incomes than previous generations of buyers. The most helpful source of information during the house hunt was the agents themselves. A record 26 percent of homebuyers made cash payments.

Real Estate Agent 370

Real Estate Agent Buyers Sellers Real Estate 370

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

JANUARY 9, 2025

Despite the frequency of departures, real estate agents in the state say the housing market remains strong. We are still experiencing the multiple-offer phenomenon, although it is not quite as prevalent as it was a year ago, said Linda Feinstein , a Hinsdale, Illlinois-based agent for Compass. as of Jan. a year ago.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Housing Wire

JANUARY 10, 2023

of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales. When the 30-year mortgage rate was around 3%, there was a higher demand for homes and such deals were not as popular.

Sellers 482

Sellers Real Estate Agent Buyers Mortgage 482

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

NOVEMBER 4, 2024

Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older. Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008.

Real Estate Agent 345

Real Estate Agent Buyers Sellers Realtors 345

Housing Wire

DECEMBER 11, 2023

When affordability meets fair housing Recently, during a coaching session with an agent, that agent shared how a recent seller, Bob, sold his home of 20 years and made so much money on the sale that he was able to purchase a retirement home in Savannah, Georgia, and have plenty of money left over for a nice retirement nest egg.

Real Estate Agent 476

Real Estate Agent Real Estate Agents Lending 476

Appraisal Buzz

NOVEMBER 1, 2024

The lock-in effect has begun to lessen, in part because people are sick of waiting for mortgage rates to drop before selling their house and looking for a new one. year-over-year, in part because to builders’ efforts to attract buyers with incentives including cash toward closing costs and mortgage-rate buydowns. of mortgaged U.S.

Construction 370

Construction Inventory Real Estate Agent Agents 370

Appraisal Buzz

DECEMBER 16, 2024

For the study, Redfin analyzed climate risk scores from First Street, and Home Mortgage Disclosure Act (HMDA) data covering mortgage originations for primary homes. Retirees understand the risks of moving to Florida, but many believe the pros still outweigh the cons, said Rafael Corrales, a Redfin Premier Real Estate Agent in Miami.

HOA 392

HOA Insurance Buyers Property Taxes 392

Housing Wire

FEBRUARY 28, 2025

Economic uncertainty : Concerns about tariffs , layoffs, and federal policy changes are making buyers and sometimes sellers hesitate. High mortgage rates and Home Prices : The average 30-year fixed mortgage rate hit 6.96% in January, an eight-month high. home-sale price rising 4.1% year-over-year. 5.9%), Nassau County, N.Y.

HOA 317

HOA Inspection Buyers Real Estate Agent 317

Housing Wire

SEPTEMBER 30, 2020

Stern said that his team remains busy not only due to pent-up demand but also because of Utah’s low unemployment rate and low mortgage rates driving migration to Salt Lake City. The post No seasonal slowdown this year as real estate agents report a busier-than-usual fall appeared first on HousingWire.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. In life, we sometimes find ourselves plunging headfirst in t o the unknown.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Clients 459

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. This diversity allows for a comprehensive understanding of the market dynamics.

Real Estate 459

Real Estate Housing Market Real Estate Agent Marketing 459

Appraisal Buzz

FEBRUARY 13, 2025

Redfin cited a number of reasons for this increase in the nations housing inventory, including: The mortgage rate lock-in effect is fading: A number of homeowners who scored low mortgage rates during the pandemic have been staying put because moving would mean taking on a higher rate. month-over-month, and 4.7% year-over-year.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

APRIL 1, 2024

The recent settlement involving the National Association of Realtors and major real estate firms revolves around the practice of “broker cooperation,” where agents representing sellers share commissions with agents representing buyers. The DOJ believes that by eliminating it, affordability will improve for all.

Sellers 493

Sellers Real Estate Agents Buyers 493

Housing Wire

MARCH 2, 2023

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

Real Estate Agent 418

Real Estate Agent Inventory Real Estate Agents 418

Housing Wire

JULY 17, 2023

In such an environment, buyers may feel pressure to bypass steps in the transaction to make their bid more attractive to the seller, but they should be wary that taking shortcuts can expose them to fraud. Secret Service reported a steep rise in seller impersonation in an advisory it issued this year.

Sellers 370

Sellers Real Estate Agent Real Estate Insurance 370

Housing Wire

JANUARY 13, 2025

” Chris Marshall Marshall brings 20-plus years of experience in mortgage operations and financial leadership. “The Xome team has built an innovative, state-of-the-art real estate platform and fostered strong relationships with leading industry players,” Marshall said in a statement.

Real Estate 361

Real Estate Real Estate Agent Valuation Technology 361

Housing Wire

APRIL 15, 2024

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. ” The American Real Estate Association (AREA), a startup trade organization, also was pleased by Monday’s announcement.

Buyers 532

Buyers Agents Real Estate Agent Sellers 532

Housing Wire

OCTOBER 17, 2024

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). Why is now the right time to expand into mortgages? The buyers are giving sellers money for that property.

Real Estate 459

Real Estate Brokerage Agents Real Estate Agent 459

Housing Wire

JULY 18, 2024

We all know that sellers hear what they want to hear and believe what they want to believe when it comes to how market conditions will impact the sale of their home. The agent , of course! It is still a sellers’ market, just not the frenzy that it has been. Well, Mr. and Mrs. Seller, I can appreciate that.

Sellers 431

Sellers Realtors Counter Offer Tenants 431

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. Lower mortgage rates are having a positive impact on application levels, with the Mortgage Bankers Association (MBA) reporting last week that applications were up 3.9%

Mortgage 511

Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

JUNE 10, 2021

While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. 5 reasons to refinance your mortgage right now. Real Estate Commission.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546