Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. The trade organization projects a 13% increase in existing home sales between 2023 and 2024 for an annualized pace of 4.62

Contracts 458

Contracts Housing Market Construction Inventory 458

Housing Wire

NOVEMBER 29, 2023

More tools to help agents get more real estate buyer leads in 2024 Use this tool: Coffee & Contracts Coffee & Contracts is like a social media toolkit for real estate agents. Your approach to connecting with buyers should be as diverse and dynamic as the market itself, adapting to changes and embracing new technologies.

Real Estate 408

Real Estate Buyers Tools Real Estate Agent 408

Housing Wire

DECEMBER 26, 2023

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Topics include basic real estate practices & principles, real estate law, financing, brokerage, contracts, closings + more Required 30 hrs of post-licensing coursework. Includes The Adventure Guide book.

Real Estate 416

Real Estate Real Estate Agent Design Law 416

George Dell

JANUARY 24, 2024

The FHFA blog post of 1/16/2024 defines “underappraisals” as those loan appraisals which come in below the contract price. Appraisal time adjustments are also labeled as “market conditions” adjustments. Or, more recently in Evidence Based Valuation, “Market Price Indexing (MPI)©”. appeared first on George Dell, SRA, MAI, ASA, CRE.

Contracts 338

Contracts Valuation Appraisal Marketing 338

Housing Wire

MARCH 27, 2024

At that time, outgoing president Dave Bunton informed the foundation that he would be retiring at the end of his current contract. Bunton’s contract with the organization expires on Dec. .” The selection of Davids as president serves as the culmination of a search for a new leader that began in 2022, according to the foundation.

Appraisal 420

Appraisal Contracts Real Estate Valuation 420

Housing Wire

FEBRUARY 29, 2024

In its statement, the DOJ advocated for the prohibition of cooperative compensation, meaning that “sellers would be responsible for determining only the compensation of their own broker in the listing contract … [and] buyers would be responsible for determining the compensation of their own broker in a buyer-broker representation contract.”

Legal 415

Legal Contracts Sellers Buyers 415

Housing Wire

OCTOBER 26, 2023

Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years,” Lawrence Yun, NAR chief economist said in a statement. in 2024, hitting 800,000 new homes. in 2024, to $445,800. In 2024, they should rise by 13.5% In 2024, it will rise to 1.48

Inventory 407

Inventory Contracts Housing Market Realtors 407

Housing Wire

NOVEMBER 1, 2023

The newly-updated Fannie Mae November Selling Guide now bars job offers or contracts for future employment from family members or interested parties involved in a transaction. “We 1, 2024. It also clarifies what portion of shared appreciation proceeds must be applied against the first mortgage loan,” the update states.

Contracts 431

Contracts Sellers Training Mortgage 431

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 414

Inventory Agents Real Estate Sellers 414

Inman

JANUARY 25, 2024

Frances Katzen and Courtney Poulos spoke with moderator Dana Cadena about the importance of buyer representation, challenges to professionalism in the industry and more during an ICNY panel on Thursday.

Contracts 179

Contracts Agents Buyers Real Estate 179

Real Estate News

JUNE 21, 2023

Bob Goldberg announced that he will leave the role when his current contract ends.

Contracts 279

Contracts 279

Housing Wire

JANUARY 26, 2024

The past three years in the mortgage industry were cutthroat, with origination volume shrinking, and while things are looking better for 2024 , lenders are still in a position where they must make bold moves to stem losses on the production side of the business, according to a report from Stratmor Group , a mortgage advisory firm.

Mortgage 463

Mortgage Contracts Business 463

Inman

APRIL 10, 2024

On the "Real Estate Insiders Unfiltered" podcast Tuesday, Sears said interim CEO Nykia Wright has agreed to extend her contract through the end of 2024 as NAR executives focus on the road ahead.

Contracts 165

Contracts Real Estate Realtors Agents 165

Housing Wire

NOVEMBER 13, 2023

Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. The CE Shop pricing Education Type Prelicensing Exam Prep Post-License CE Broker Prelicensing Starting at $104.25 $101.25 $115 $221.25

Real Estate 438

Real Estate Real Estate Agent Agents Law 438

Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% NAR’s Pending Home Sales Index (PHSI) decreased to 74.3 in January, down from 77.3 in December.

Contracts 428

Contracts Inventory Realtors New Listings 428

Housing Wire

MARCH 28, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. annually in February 2024. NAR’s Pending Home Sales Index increased to 75.6 in February, up from 74.3 in January. On a year-over-year basis, pending sales were down 7%.

Inventory 458

Inventory Realtors Contracts Sellers 458

Housing Wire

MARCH 26, 2024

Allegations include breach of contract and unjust enrichment, with damages sought at $250 million. The new policy is supposed to be implemented on or before July 1, 2024. “On On March 22, Moulder, who worked with Keller Williams from 2002 to 2011, filed a complaint aiming for class-action status in the U.S.

Brokerage 500

Brokerage Legal Agents Realty 500

Housing Wire

MARCH 22, 2024

1, 2024 , Washington state’s agency law requires agents to have a written agreement with buyers (as well as sellers) to spell out the exact scope of the services provided by the agent, as well as the compensation the client has agreed to pay them in return. As of Jan.

Buyers 479

Buyers Contracts Real Estate Agents 479

Housing Wire

NOVEMBER 30, 2023

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced.

Real Estate 420

Real Estate Realtors Real Estate Agent Law 420

Eyes on Housing

MARCH 7, 2024

However, AD&C loan conditions will improve in 2024 as the Fed begins easing monetary policy. The volume of total outstanding acquisition, development and construction (AD&C) loans posted a decline during the fourth quarter of 2023 as interest rates increased and financial conditions tightened.

Contracts 60

Contracts Loan Conditions Construction Insurance 60

Housing Wire

APRIL 9, 2024

Their complaint challenges adjustments made to Keller Williams’ profit-sharing program and includes charges of breach of contract, declaratory judgment and unjust enrichment. The new policy is supposed to be implemented on or before July 1, 2024. In February 2020 , KW introduced a more restrictive policy to its profit-sharing program.

Brokerage 448

Brokerage Agents Legal Real Estate 448

BiggerPockets

DECEMBER 4, 2023

The rental market came back to Earth this year, with growth decelerating and prices contracting in many markets. What will happen in 2024?

Marketing 84

Marketing Contracts 84

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices.

Real Estate Agent 410

Real Estate Agent Realtors Real Estate Sellers 410

Housing Wire

APRIL 27, 2023

An index of 100 is equal to the level of contract activity in 2001. in 2024, and housing starts will fall 7.3% annual in 2024 to 1.54 annual increase in 2024, bringing existing home sales back up to 5.26 to $390,000 in 2024. For the first time since November 2022, pending home sales fell in March, posting a 5.2%

Inventory 430

Inventory Realtors Contracts Construction 430

Housing Wire

MARCH 12, 2024

loanDepot greatly reduced its costs in 2023 while revenues were in free fall amid a contracting market. Operationally, loanDepot entered 2024 by dealing with a cyberattack that brought its systems down and a forecast for market conditions to improve. Company executives project first-quarter 2024 volume of $3.5 Through Feb.

Legal 405

Legal Contracts Marketing Mortgage 405

Housing Wire

FEBRUARY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. NAR expects the economy to continue adding jobs throughout 2023 and 2024, and the 30-year fixed rate mortgage to steadily drop to an average of 6.1% in 2024 Despite these conditions, Yun still expects annual existing home sales to drop 11.1% annual jump in 2024.

Housing Market 431

Housing Market Realtors Contracts Buyers 431

Housing Wire

APRIL 1, 2024

Allegations against KW include breach of contract, declaratory judgment and unjust enrichment. The new policy is supposed to be implemented on or before July 1, 2024. On March 29, Edward Fordyce, who worked on and off with Keller Williams from 2019 to 2022, filed a complaint aiming for class-action status in the U.S.

Legal 439

Legal Brokerage Agents Real Estate 439

Housing Wire

DECEMBER 7, 2023

24, 2023, Qualia informed Stewart that in an effort to “modernize” the “old legacy contracts” Adeptive had entered, it would be terminating the ResWare licensing agreement Stewart had entered with Adeptive on Jan. After discussion, Qualia decided to extend the termination timeline to July 24, 2024.

Modernization 403

Modernization Business Contracts Design 403

Housing Wire

APRIL 4, 2024

Alper’s complaint challenges adjustments made to Keller Williams’ profit-sharing program and includes charges of breach of contract, declaratory judgment and unjust enrichment. The new policy is supposed to be implemented on or before July 1, 2024. District Court for the Southern District of New York in New York City.

Brokerage 391

Brokerage Legal Agents Contracts 391

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Clark’s team of 73 loan originators who cover the East Coast funded $81 million in loans in January 2024, up 35% from January 2023.

Loan Officers 420

Loan Officers Mortgage Buyers Inventory 420

Housing Wire

DECEMBER 7, 2023

out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5.

Real Estate 397

Real Estate Real Estate Agent Law Brokerage 397

Housing Wire

JULY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. in 2024, according to NAR’s forecast. million in 2024. in 2024, to 820,000. million, or 5.4%, in 2024. The NAR’s Pending Home Sales Index climbed to a reading of 76.8 Homebuilders are ramping up production and hiring workers.” and West (57.7)

Construction 369

Construction Inventory Realtors Housing Market 369

Housing Wire

FEBRUARY 14, 2024

Use this tool: Coffee & Contracts Thoughtfully designed by former real estate agent Haley Ingram, Coffee & Contracts offers a suite of upscale social media templates for every social platform. Visit Coffee & Contracts 2. Don’t try to do everything or be everything to everyone!

Real Estate Agent 419

Real Estate Agent Real Estate Agents Luxury Properties 419

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. I was already using buyer broker contracts, but now use them 100% of the time.

Agents 410

Agents Realtors Clients Real Estate Agent 410

Inman

JUNE 21, 2023

Bob Goldberg's contract will expire Dec. 31, and the executive plans to retire after three decades at NAR and four decades in real estate, according to the National Association of Realtors.

Contracts 176

Contracts Realtors Real Estate Agents 176

Housing Wire

MARCH 27, 2024

HomeServices of America first filed its motion to decertify the class in early January 2024. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. In a filing, Judge Stephen Bough, who oversaw the Sitzer/Burnett trial in Oct.

Law 418

Law Sellers Realtors Contracts 418

Housing Wire

DECEMBER 6, 2023

Analysts see mortgage companies issuing debt as a sign that market conditions may improve in 2024. million to Black Knight in damages related to a breach of contract claim. The company also has $650 million at 4.250% due in 2029 and $500 million at 5.750% due in 2031.

Contracts 403

Contracts Investing Mortgage Investors 403