Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. They must be U.S.-based,

Brokerage 369

Brokerage Real Estate Realty Real Estate Agent 369

Housing Wire

SEPTEMBER 15, 2023

Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades. That rate is up from 14.3% That rate is up from 14.3% The median U.S.

Buyers 411

Buyers Mortgage New Listings Real Estate Agent 411

Housing Wire

NOVEMBER 13, 2023

I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. by 1% to 2% just by cutting the commission paid to buyer’s agents.” Sales prices don’t go up or down based on closing costs.

Real Estate 352

Real Estate Realtors Agents Buyers 352

Housing Wire

JANUARY 10, 2024

The National Retail Federation found that during the 2022 holiday season, retailers saw 17.9% In the world of real estate , transactions are not merely about properties but also the people behind them. Did your buyer ask you where the best wine shop in the neighborhood is located?

Real Estate 354

Real Estate Clients Retail Client Relationships 354

Housing Wire

JULY 26, 2023

Dubbed “Investors Flex,” the non-QM product for real estate investors, offered purchase and refinance loans up to $2 million that could be used to finance up to 20 properties by using each property’s monthly rental income to qualify. billion in mortgage loans in the first quarter of 2022, a 29.7% UWM originated $38.8

Real Estate 370

Real Estate Investors Design Buyers 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. home sale price rose 3% year over year, reaching $420,846 in August, the largest annual increase since October 2022. According to the brokerage, 6.5%

Sellers 504

Sellers Buyers Inventory Real Estate Agent 504

Housing Wire

NOVEMBER 3, 2023

I actually started out as a buyer’s agent myself… and I see buyer’s agency as being a very valuable tool for buyers,” Sanford said during the Q&A session. I’m concerned, quite frankly, about what this might mean to buyers who may not be able to afford representation if things change up too much.” million to $14.90

Buyers 373

Buyers Realty Real Estate Realtors 373

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. How long does it take to get a real estate license in Ohio?

Real Estate 393

Real Estate Real Estate Agent Brokerage Agents 393

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 396

Real Estate Agent Real Estate Agents Brokerage 396

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months.

Buyers 422

Buyers Housing Market Marketing Investors 422

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. ” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) But the housing market in the second half of 2022? over asking price. High octane stuff. High octane stuff.

Housing Market 513

Housing Market Marketing Real Estate Agent Real Estate 513

Housing Wire

JULY 25, 2023

The uptick in home sales during the second quarter of 2023 helped Anywhere Real Estate get back in the black. After posting a net loss of $138 million in Q1 2023 , the real estate conglomerate rebounded to report $19 million in net income for the second quarter.

Real Estate 303

Real Estate Brokerage Investors Buyers 303

Housing Wire

MARCH 2, 2023

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. But in 2020 through 2022, buyers came out quickly after the new year and inventory didn’t hit bottom until much later in the spring.”

Real Estate Agent 386

Real Estate Agent Inventory Real Estate Agents 386

Housing Wire

DECEMBER 6, 2022

Any time my buyers are the ones bringing a lender to the table who I am not familiar with, I am going to have some questions for that lender. Amy Breach, Real Estate broker on the Hill Team in Seattle for Keller Williams. Looking back, Summers is glad she encouraged her buyers to swap lenders.

Real Estate 366

Real Estate Real Estate Agent Clients Agents 366

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 378

Buyers Contracts Agents Realtors 378

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Anywhere Real Estate just settled two of the cases for a total of $83.5

Agents 390

Agents Buyers Loan Officers Real Estate 390

Appraisal Buzz

MAY 2, 2022

These are a few ways it will affect real estate in the coming months. After months of paperwork and organizing teams, many experts believe the allocated funding will start positively affecting the real estate market. Secondary Real Estate Markets On the Rise. What does this have to do with real estate?

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? One of the researchers, Will Fried, had a hunch.

Clients 427

Clients Agents Buyers Sellers 427

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies?

Brokerage 395

Brokerage Real Estate Lending Mortgage 395

Housing Wire

MARCH 12, 2024

million Hispanic households own their home, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2023 State of Hispanic Homeownership Report released on Tuesday. In 2022, we were urging them to go conventional to get their offer accepted because you had to stand out in 2022.”

Real Estate Agent 452

Real Estate Agent Real Estate Buyers Realty 452

Housing Wire

SEPTEMBER 13, 2023

It is important to note that every one of the major national networks, those listed above, along with RE/MAX , Anywhere , United Real Estate and HomeSmart , are still active with local combinations among both their company-owned operations and their affiliated firms.

Real Estate 331

Real Estate Valuation Brokerage Property Management 331

Housing Wire

MARCH 27, 2024

Listings jumped at both the state and city levels in 2021 and 2022. Herron Real Estate exploded from two listings in 2019 to 417 in 2023; Momentum Realty grew from 12 listings to 612 over the same period. DR Horton, the country’s largest homebuilder, stayed in the top 10 every year – ranking 4th in 2021 and 2022.

Brokerage 415

Brokerage Realty Real Estate Inventory 415

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 402

Real Estate Agent Real Estate Sellers Buyers 402

Housing Wire

JANUARY 25, 2023

As mortgage rates continue to decline, Chad Earnest’s mantra with his referral partners in 2023 is “no buyer left behind.” The Montgomery, Texas-based area manager, who moved from AmeriSave Mortgage Corporation to Cardinal Financial Company in November, launched in mid-2022 a platform to help their referral partners succeed.

Buyers 475

Buyers Mortgage Real Estate Agent Contracts 475

Housing Wire

MARCH 12, 2024

First piloted in a handful of markets in September 2023 and formally launched in early February, the Sign & Save program provides buyers who sign up to work with a Redfin agent before their second home tour — and who purchase a property with that agent within 180 days of signing the agreement — a refund of 0.25% to 0.5%

Real Estate 368

Real Estate Brokerage Agents Clients 368

Housing Wire

FEBRUARY 2, 2024

Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with a Redfin agent before their second home tour — and who purchase a property with that agent within 180 days of signing the agreement — a refund of 0.25% to 0.5% The buyer will receive the refund at closing.

Agents 467

Agents Real Estate Buyers Advertising 467

Housing Wire

JULY 28, 2023

from June 2022, according to Realtor.com economic researcher Hannah Jones. asking rent is just $24 shy of the $2,053 peak hit in 2022. Austin buyers must earn $92,000, down 3.3% year over year, and Phoenix buyers must earn $86,100, down about 1%. It dropped 17% year over year in June. Meanwhile, average U.S.

Buyers 370

Buyers Housing Market Investors Real Estate 370

Housing Wire

APRIL 19, 2023

But the landscape is changing, and ADU buyers (and ADU builders and makers) are adapting to it. In early 2022, people were locking into 3% and 4% interest rates. Homelight surveyed real estate agents who found ADU ROIs to be neutral to negative, depending on the location. So, what’s happening with ADUs now?

Buyers 352

Buyers Real Estate Construction Finance 352

Appraisal Buzz

JANUARY 17, 2022

What is on the horizon in 2022? Things may be taking a turn for the better in 2022, though. Many buyers hope the housing market will cool down in 2022, and while experts don’t think it will be as competitive, this is unlikely to be a dramatic shift — at least not one that turns the market away from being seller-friendly.

Construction 468

Construction Supply Chain Housing Market Technology 468

Housing Wire

JANUARY 20, 2023

The phrase “in like a lion, out like a lamb” is typically used to describe the month of March, but it is also applicable to existing home sales trends in 2022. The housing market may have started 2022 out with a bang, but it exited the year with a whimper,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement.

Inventory 365

Inventory Housing Market Realtors Buyers 365

Housing Wire

APRIL 26, 2024

Other defendants in the Sitzer/Burnett case, Anywhere Real Estate, RE/MAX and Keller Williams, settled for a combined $209 million. “This resolution allows us to concentrate on our primary goal: delivering unparalleled value in the real estate market and serving home buyers and sellers with the highest standards of service.”

Brokerage 386

Brokerage Agents Real Estate Buyers 386

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

Housing Market 533

Housing Market Buyers Marketing Real Estate Agent 533

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

Real Estate Agent 402

Real Estate Agent Real Estate Agents Loan Officers 402

Real Estate News

MARCH 28, 2023

Millennials dominated the market in 2021, but as affordability pushed younger buyers to the sidelines, boomers took over as the top group of buyers 2022.

Buyers 272

Buyers Marketing 272

Housing Wire

APRIL 20, 2021

In the past year, among the many challenges and difficulties brought on by the COVID-19 pandemic, the real estate and mortgage industries enjoyed a wave of success with low interest rates, refinance opportunities and etc. But if you’ve gotten this far I want to ask this question: how good is your real estate or mortgage CRM software?

Real Estate 407

Real Estate Mortgage Loan Officers Advertising 407

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a buyer broker commission.

Realtors 430

Realtors Real Estate Agent Real Estate Sellers 430

Housing Wire

APRIL 20, 2023

That’s why HousingWire reached out to Kara Taylor , executive vice president of Marketing at ATTOM , and 2022 HW Marketing Leader, to gain some industry wisdom and hear more about what advice she would give others in the industry. HousingWire: What is the secret to a successful marketing strategy in today’s housing market?

Marketing 362

Marketing Real Estate Technology Housing Market 362