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Pending home sales shock 2021 housing crash bears

Housing Wire

in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. As we can see below, housing moderated, found a base and moved higher toward the second half of 2021. So far, 2020 and 2021 have come in as a noticeable beat in my eyes.

Inventory 530
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Consumer education at the center of wire fraud mitigation efforts

Housing Wire

home buyers and sellers it survey were targeted with suspicious or potentially fraudulent activities, while 10% were targeted for real estate fraud and 5% suffered losses during their real estate transaction due to fraudster. Even as the housing market slowed in 2022 and 2023, the fraudulent activity of bad actors did not let up.

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Q&A: Roam’s Raunaq Singh looks to capitalize on the potential of assumable mortgages

Housing Wire

An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. We help listing agents generate significantly more buyers for their home sales.

Mortgage 431
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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. She also said that HomeService’s guidelines state that listing brokers need to compensate buyer brokers only when the property is in the MLS.

Law 429
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Buyside helps real estate brokers stand out from the competition by providing them with real-time data

Housing Wire

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. Many real estate professionals discount the seller lead. But real estate seller leads are important because they represent commodities for brokers. By using this data, Buyside helps brokers generate and capture seller leads.

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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

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Knock expands its Home Swap solution in Texas

Housing Wire

“The most exciting part of our partnership with Knock is the ability for agents to make non-contingent offers in this incredibly aggressive seller’s market,” Jack Hawthorne, team leader at Keller Williams Heritage said in a statement. We’re so excited to bring the Knock Home Swap to Austin and San Antonio homeowners.