Fri.Apr 26, 2024

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The best real estate podcasts for agents and brokers in 2024

Housing Wire

Who doesn’t have a podcast these days? Anyone with a microphone and a cup of coffee can wax poetic about the ebbs and flows of the industry. While there is plenty of noise out there, we dug for podcast gold to come up with a list of the best real estate podcasts that are worth your time. We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers.

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HomeServices makes $250 million deal to settle commissions lawsuits

Real Estate News

The last defendant standing in the Sitzer/Burnett case reaches a whopping settlement that will protect its 70,000 agents plus brands and franchises.

Agents 302
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HomeServices settles commission lawsuits for $250M

Housing Wire

HomeServices of America , the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case , has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation across America. The New York Times first reported the story. The deal comes just days after the federal judge overseeing the commission case in Missouri approved a preliminary settlement that will see the National Association of Realtors and multiple other residential brokerages

Brokerage 462
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NAR president to industry executives: ‘I’m sorry’

Real Estate News

“We fought as hard as we could,” said Kevin Sears this week when speaking about the settlement, its impact, and the need to change the media narrative.

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HUD walks back some proposed changes to HECM for Purchase program

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has been modified to bar the practice of premium pricing, and it will only allow interested party contributions (IPCs) on H4P closing costs from property sellers, builders, real estate agents and developers.

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Consumers question agents' value — the industry should push back

Real Estate News

A T3 Leadership Summit panel discussed the agent value prop, consumer interest in new compensation models, and how the industry can be more proactive.

Agents 253

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Homebuyer Affordability Declined in March as Rates, Home Prices Increased

Appraisal Buzz

Homebuyer affordability worsened in March, as the average mortgage payment applied for by purchase borrowers increased to $2,201, an increase of $17 compared with February and up $108 compared with March 2023, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI). The index measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).

Sellers 195
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Median payment on purchase mortgage applications rises to $2,201: MBA

Housing Wire

Homebuyer affordability declined in March as mortgage rates and home prices remained elevated. The national median monthly payment for purchase mortgage applicants rose to $2,201 in March, up from $2,184 in February. That’s according to the Mortgage Bankers Association ‘s (MBA) purchase applications payment index, which measures how new monthly mortgage payments vary across time relative to income.

Mortgage 417
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HomeServices of America agrees to pay $250M to settle lawsuits

Inman

HomeServices was potentially on the hook for the remaining $4.7 billion in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded plaintiffs $5.3 billion.

Brokerage 195
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Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects

Housing Wire

Following a significant drop in retirement savings confidence in 2023, overall levels of confidence have yet to recover. But optimism about future retirement prospects are high, according to the results of the 34th annual Retirement Confidence Survey (RCS) conducted by the Employee Benefit Research Institute (EBRI). “Overall, two-thirds of the workers and three-fourths of the retirees are very or somewhat confident about having enough money to live comfortably in retirement , which is unchanged

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‘Buyers are losing faith in the American Dream:’ Redfin CEO

Inman

Redfin CEO Glenn Kelman said rising rates and home prices are crushing consumer sentiment. However, rising inventory and a year-end interest rate cut will be key to restoring it.

Buyers 186
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Key housing markets are starting to buck national trends: Redfin

Housing Wire

Even as the median U.S. home sale price remains near record highs and supply stays constrained in many locales, two of the most populous states that have seen a surge in demand since the start of the COVID-19 pandemic are showing signs of a pullback. That’s according to a pair of reports released Thursday by Redfin. The national real estate brokerage found that the nationwide median sale price reached $420,357 in March 2024.

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A never-fail, step-by-step blueprint to consistently find listing leads

Inman

Change is coming, so it's time to make sure you're leaning into the potential of a listings-based business, Jimmy Burgess writes. Nothing helps do that better than geographic farming.

Business 180
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Acra CEO Keith Lind on staying the course amid choppy waters in non-QM

Housing Wire

HousingWire sat down with Acra Lending CEO Keith Lind to discuss effective ways to not only survive, but profit in the non-QM space while so many others are closing their doors. Lind also shares insights into the future of non-QM lending and the importance of emergent technologies in improving the origination process. Zebulon Lowe: Keith, thank you for speaking with us.

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How Rising Costs Affect Home Affordability

Eyes on Housing

NAHB recently updated its 2024 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that affordability is a serious problem even before any further price or interest rate increases. Already in 2024, 103.5 million households are not able to afford a median priced new home ($495,750[1]).

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In the wake of Matterport’s sale, digital twin options are plentiful

Inman

Matterport's sale to CoStar will ignite interest in the value of digital twins and tour marketing, and the options for creating them are many.

Marketing 181
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Personal Saving Rate Falls to 3.2% in March

Eyes on Housing

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.5% in March, up from a 0.3% increase in the prior month. Gains in personal income are largely driven by increases in wages and salaries. As spending outpaced personal income growth, the March personal savings rate dipped to.

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LA home sells $705K over asking: The moves behind this agent’s deal

Inman

A remodel, strategic pricing, choice photos, an offer deadline and strong agent relationships helped the O'Connor sisters sell a property that previously sat on the market for nearly one year.

Agents 155
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Join GoFormz at Field Service Palm Springs 2024!

GoForrmz

GoFormz is proud to spend the week at Field Service Palm Springs 2024! Will we see you at Field Service Palm Springs 2024? The GoFormz team is excited to join all members of the field service industry for the 21st year, hosted in Palm Springs, from May 5th to May 8th. This event is a fantastic conference for anyone in customer success, service, and support, bringing together industry leaders, cutting-edge tech solutions, and innovative speakers.

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Splitting up: Navigating the division of property for divorcing clients

Inman

Patience, collaboration and clear communication, Lindsey Harn writes, can help you help your divorcing clients navigate the rocky shoals of dividing their real estate holdings.

Clients 139
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Non-Arms Length Sales for Appraisers

Appraisal Today

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property.

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Top New Jersey loan mortgage originator charged with fraud

Inman

Mortgage fraud scheme allegedly listed investors as homeowners to secure lower interest rates, prosecutors allege in criminal complaint against "Team Gallo" leader and his assistant.

Mortgage 136
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Think Passive Real Estate Is Safe? Here Are 9 Hidden Risks That Could Cost You

BiggerPockets

You can’t eliminate all risk from investments. After all, the zombie apocalypse could strike tomorrow and probably wipe out your entire portfolio.

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Court movements, FAQ answers, ticking clocks: Inman Top 5

Inman

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 149
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Economic Surge, Housing Plunge: Why Economic Growth Is Wrecking Real Estate Opportunities

BiggerPockets

Mortgage rates recently rose above 7% for the first time this year, bringing an already glacial housing market to a standstill.

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Ryan Reynolds creates Zillow ad inspired by hit show ‘Bluey’

Inman

Hit children's TV show "Bluey" is the inspiration for Zillow's latest ad, which debuted Friday morning on NBC's Today show. The 30-second spot features a family in the final stages of moving while the narrator references a landmark episode of "Bluey," where the main character and her family struggle with the opportunity to move to a new city.

Marketing 139
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Could rate cuts revive the BC housing market in 2024?

Mortgagebroker News

Market could see boost in buyer confidence based on BoC's next move, says BCREA

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Gen Z Is Dominating Their Parents in Homeownership—According to New Report

BiggerPockets

When it comes to homeownership, Gen Z might be ahead of the curve.

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BoC wants inflation to ease further before lowering rates

Mortgagebroker News

Policy decision to hinge on forthcoming CPI reports, according to BMO

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The Best Luxury Close In Houston Neighborhoods Ranked

Houston Properties

Our experts ranked the top Houston neighborhoods that are close to the Inner Loop and whose median home sale prices are above $750k. Check them out below.

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Bridgewater Bank names new chief risk officer

Mortgagebroker News

He has a background in managing both financial and non-financial risks

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Home sellers saw their profits shrink in the first quarter: Attom

Housing Wire

U.S. home sellers reaped slimmer profit margins on median-priced single-family homes and condominiums during the first quarter of 2024. In fact, profit margins — the difference between the median purchase and resale prices — slumped to 55.3%, down from 57.1% in the fourth quarter of 2023, according to Attom ’s 2024 U.S. Home Sales Report. It was the smallest level of profit registered in more than two years.

Sellers 426
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Alternative homeownership models gain popularity in Canada's tough market

Mortgagebroker News

Canadians seek out creative solutions as housing costs continue to soar

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HUD, USDA reach accord on energy-efficiency standard for new construction

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. This fulfills a requirement laid out in a 2007 law that directs the departments to adopt the most recently published energy-efficiency standards following reviews by the U.S.