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As vacant foreclosures increase, so does buyer interest

Housing Wire

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. In 2008, 2009, it was triage. Rising demand for vacant distress.

Buyers 333
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Chris Rochon Joins Business Development Team

Lamacchia Realty

After spending over a year as a REALTOR with Lamacchia Realty, Chris Rochon has made the exciting jump to the Business Development team. Chris served buyers and sellers in the Greater Merrimack Valley area during his time as a REALTOR. He always loved working with people, getting to know the other REALTORS just as well as his clients.

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Opinion: Why real estate agents shouldn’t worry about commission changes

Housing Wire

And before getting my real estate license in 2009, I had the same opinion, too. The National Association of Realtors has provided these facts: 86% of buyers purchased their home through a real estate agent or broker. Buyer representation agreements shouldn’t scare anyone. The commission is the commission.

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Reverse purchase financing: The financing option no one is talking about

Housing Wire

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! Yet staggeringly few are aware of its existence.

Finance 441
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Real estate tech roundup: Hubzu and Brookfield Residential

Housing Wire

Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. The app offers potential buyers tools to find, research and bid on homes via a competitive auction format. Since 2009, it has facilitated the more than 4.5 million bids and the sale of more than 225,000 homes.

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Rechat CEO Shayan Hamidi on keeping up with the furious pace of AI

Housing Wire

This is from 2009 — I opened up a high-tech real estate brokerage with actual agents, working through transactions day in day out and really understanding what processes look like. For us, it’s all about creating one streamlined experience for whatever that agent is doing with buyers or sellers.

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RON is here to stay – Here’s what you need to know

Housing Wire

This person should immerse themselves in the constant developments of RON in the industry. This will likely be a new experience for most buyers so providing as much information as possible at the beginning of the closing process will be key. According to a Global Workplace Analytics study , remote work has grown 159% since 2009.

Law 366