Housing Wire

FEBRUARY 4, 2021

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. If buying a home is on your radar for 2021, there are still ways to do it. More for Real Estate Enthusiasts.

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We In 2021, Florida was responsible for 12.8% of total land sales in the U.S.,

Sellers 384

Sellers Real Estate Realtors Real Estate Agent 384

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I Jackie Merchant, Realtor at Coldwell Banker Realty in Sacramento-Sierra Oaks, said she doesn’t think her market will be slowing down anytime soon.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

FEBRUARY 9, 2024

When it came time to select talent for the ads, Florance said Levy and Gardner, who starred and co-wrote in Saturday Night Live’s Zillow skit in February 2021, were no-brainers. Dan Levy and Heidi Gardner are two incredible talents, and they are clearly in tune with the way America looks at real estate online,” Florance said.

Marketing 449

Marketing Advertising Real Estate Real Estate Agent 449

Housing Wire

JANUARY 12, 2024

Home buyers and sellers rely on the expertise and guidance of real estate agents, especially when making a long-distance move,” Gene Millman, the president and CEO of REcolorado, said in a statement. “We It is quite simple – sharing data helps the market function more efficiently.”

Real Estate Agent 439

Real Estate Agent Real Estate Realtors Agents 439

Housing Wire

FEBRUARY 6, 2024

Even as the housing market slowed in 2022 and 2023, the fraudulent activity of bad actors did not let up. 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.

Real Estate Agent 428

Real Estate Agent Real Estate Sellers Buyers 428

Housing Wire

JANUARY 11, 2024

District Court in New York by Robert Friedman, a resident of Brooklyn who sold a property in Park Slope in May 2021 with the help of a Douglas Elliman agent. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves. The suit was filed in late December in U.S.

Real Estate 429

Real Estate Sellers Real Estate Agent Agents 429

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. billion market capitalization, but its Wall Street value quickly sunk below $1 billion.

Agents 409

Agents Real Estate Agent Real Estate Sellers 409

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? By September, a full-fledged housing market recession had set in. The 2002 housing market has been a tale of two halves,” said Green. A mortgage rate lockdown freezes the housing market.

Housing Market 526

Housing Market Marketing Real Estate Agent Real Estate 526

Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona.

Mortgage 340

Mortgage Real Estate Agent Real Estate Renovations 340

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.”

Realty 466

Realty Realtors Real Estate Real Estate Agent 466

Housing Wire

JANUARY 8, 2021

For many of us, the start of a new year is usually synonymous with a renewed sense of professional self, focusing on new goals, new prospects for the year and, of course, the excitement for the upcoming spring real estate market. 2020 proved that we all need to work to find new ways to generate business.

Lending 450

Lending Mortgage Inventory Business 450

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often. “I

Agents 410

Agents Real Estate Agent Brokerage Real Estate 410

Housing Wire

JUNE 14, 2022

With mortgage rates now north of 6% and the stock market officially in bear territory, two of America’s most prominent real estate brokerages instituted large-scale layoffs and halted expansion efforts. in April 2021, to $4.51 How can brokers get ahead in a tight market? On Tuesday, the other shoe dropped.

Marketing 370

Marketing Real Estate Real Estate Agent Brokerage 370

Housing Wire

NOVEMBER 4, 2022

The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%. million in 2021, up from 50.5 The age of a first-time homebuyer increased to an all-time high of 36 years as compared to 33 years in 2021. million in 2010.

Buyers 394

Buyers Sellers Real Estate Agent Real Estate 394

Housing Wire

MARCH 16, 2022

Latinos are twice as likely to use Federal Housing Administration financing than non-Hispanic white borrowers, but most of the real estate agents the National Association of Hispanic Real Estate Professionals surveyed felt FHA borrowers were at a competitive disadvantage. last year, respectively.

Real Estate Agent 384

Real Estate Agent Real Estate Agents Sellers 384

Housing Wire

DECEMBER 27, 2023

Zillow Group acquired ShowingTime in 2021. The complaint alleges that the defendants are “unlawfully attempting to monopolize the market for real estate showing management services in the geographic regions they control and from unlawfully conspiring to exclude or severely limit ShowingTime, their competitor in those markets.”

Real Estate 496

Real Estate Agents Real Estate Agent Sellers 496

Housing Wire

APRIL 1, 2024

The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market. The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. The annual investment volume in the U.S.

Finance 436

Finance Investing Real Estate Agent Real Estate 436

Housing Wire

APRIL 14, 2022

Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market. ” In fall of 2021, Chicago-based Interfirst laid off hundreds of employees.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. Another indicator of a slowing market cited by Redfin is the percentage of homes that sold above list price. In August, 58.8%

Buyers 441

Buyers Inventory Real Estate Agent Agents 441

Housing Wire

MARCH 21, 2023

economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. before joining Realtor.com in 2021 where he led a team covering broader economic trends, housing activity and consumer issues. This housing market is responding to changes in the bigger monetary landscape,” Ratiu said.

Real Estate 384

Real Estate Real Estate Agent Housing Market Agents 384

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 432

Clients Agents Buyers Sellers 432

Housing Wire

OCTOBER 1, 2021

But for the past 12 months, the metro’s housing market has been in complete chaos. “It It is hot, hot, hot here,” Clay Winder, a real estate agent for Keller Williams Westfield , said. On average, in August 2021, homes in the area sold for about 2.5%

Housing Market 421

Housing Market Marketing Agents Real Estate 421

Housing Wire

SEPTEMBER 15, 2023

They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada. A lot of sellers are also willing to let buyers slip away because they don’t want to concede to repair requests,” Morre said. year over year, the largest annual decline since June 2021. The median U.S.

Buyers 421

Buyers Mortgage New Listings Real Estate Agent 421

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. million, according to the NAR’s 2021 member profile report. It can be really aspirational.”.

Agents 384

Agents Real Estate Agent Real Estate Clients 384

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

JULY 13, 2021

Competition between would-be homebuyers is still high, but an increase in homes hitting the market in June brought some relief from bidding wars. Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% in May and a peak of 74.1% That’s still higher than the 56.8%

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

Housing Wire

SEPTEMBER 23, 2020

On Wednesday, Zillow announced that its Zillow Offers customers will be offered “a more simple, integrated transaction experience through added services, managed in house,” starting in January 2021 with Zillow Homes. The Zillow Homes solution will expand into more markets throughout 2021.

Real Estate 384

Real Estate Real Estate Agent Brokerage Sellers 384

Housing Wire

DECEMBER 6, 2023

More home sellers on the East Coast are getting in on the commission lawsuit action. Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. 4, 2019 and the present.

Realty 432

Realty Realtors Brokerage Real Estate 432

Housing Wire

NOVEMBER 7, 2023

The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. Compass agents are more likely to work in upper-echelon markets where buyers and sellers would work with agents, he said.

Agents 400

Agents Real Estate Agent Realtors Brokerage 400

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 446

Brokerage Realty Real Estate Inventory 446

Empire Appraisal Group

NOVEMBER 4, 2021

Many Overly-Confident Sellers Price Their Home Too High. Now they’re becoming sellers and think they can overprice their property, but the market is seeing more price reductions – 9.4% Now they’re becoming sellers and think they can overprice their property, but the market is seeing more price reductions – 9.4%

Sellers 78

Sellers Real Estate Agent Real Estate Realty 78

Housing Wire

MARCH 5, 2024

trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. Raunaq Singh wanted to capitalize on that opportunity and founded Roam , a platform that helps buyers and sellers with the assumption process. How do you help real estate agents? Raunaq Singh About $8.5

Mortgage 440

Mortgage Buyers Agents Real Estate Agent 440

Housing Wire

FEBRUARY 6, 2024

Assumable mortgages remain a niche market compared to new mortgage issuance. An assumable mortgage enables qualified buyers to take over the seller’s mortgage terms, including the existing balance and interest rate. Fannie Mae and Freddie Mac loans, which represent nearly two-thirds of the mortgage market, cannot be assumed.

Mortgage 442

Mortgage Sellers Advertising Buyers 442

Housing Wire

MAY 11, 2022

In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. To do that it relies on the two words sellers increasingly want to hear: “All cash.” Presented by: Finance of America.

Lending 384

Lending Real Estate Agent Investors Finance 384

Housing Wire

DECEMBER 28, 2021

By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. The managing partner of ACCEL Realty Partners in Boise, Steve Caporale, said that the video gave him pause, especially since, “The market has been softening a bit.”. on pace for 6.29 on pace for 6.29

Real Estate 450

Real Estate Realty Brokerage Realtors 450