Housing Wire

NOVEMBER 21, 2023

Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. Multiple offers, however, are still occurring, especially on starter and mid-priced homes, even as price concessions are happening in the upper end of the market.”

Inventory 410

Inventory Realtors New Listings Contracts 410

Housing Wire

DECEMBER 8, 2023

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

Real Estate 409

Real Estate Contracts Law Real Estate Agent 409

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85. They crested near 7.6%

Marketing 431

Marketing Mortgage Investors Sellers 431

Housing Wire

FEBRUARY 15, 2024

Opportunity in the current mortgage market may be challenging to find — and that could arguably be truer for those who offer reverse mortgage products for clients. Still, reverse mortgage professionals are always keeping their eyes peeled, and a group of them shared what they’re looking out for in 2024 for their businesses.

Mortgage 410

Mortgage Clients Business Law 410

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

Real Estate 410

Real Estate Buyers Tools Real Estate Agent 410

George Dell

JANUARY 24, 2024

Appraisal time adjustments are also labeled as “market conditions” adjustments. Or, more recently in Evidence Based Valuation, “Market Price Indexing (MPI)©”. The FHFA blog post of 1/16/2024 defines “underappraisals” as those loan appraisals which come in below the contract price. Unless they are needed.

Contracts 338

Contracts Valuation Appraisal Marketing 338

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. It sets up a domino effect [for market activity].”

Housing Market 421

Housing Market Marketing Contracts Finance 421

Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). 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.

Inventory 410

Inventory Contracts Housing Market Realtors 410

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 83

Marketing Contracts 83

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 421

Inventory Agents Real Estate Sellers 421

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 421

Legal Contracts Sellers Buyers 421

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. As such, it can offer expertise on the state’s requirements and markets. Students enjoy the convenience of simply hitting pause to stop the class, then picking up exactly where they left off, anytime.

Real Estate 421

Real Estate Real Estate Agent Design Law 421

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% from December’s annualized rate. Overall active inventory improved 7.9%

Contracts 432

Contracts Inventory Realtors New Listings 432

Housing Wire

DECEMBER 20, 2022

The housing market will continue to slow down in 2023 , even though mortgage rates have declined recently. So what does it mean for the housing market ? . However, the landscape seems better for 2024. According to Fannie Mae’s economists group, the real GDP will recover in 2024, expanding at a 2.2% in 2022 and drop 0.5%

Housing Market 370

Housing Market Marketing Contracts Mortgage 370

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 When an associate agent joins any KW market center, they have to name their sponsor. District Court for the Western District of Texas in San Antonio.

Brokerage 500

Brokerage Legal Agents Realty 500

Housing Wire

MAY 1, 2024

On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential. “In In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” he posited.

Agents 440

Agents Real Estate Contracts Real Estate Agent 440

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

APRIL 24, 2024

An industry favorite for its popular CRM, Top Producer can help you keep in touch with all your prospects with timely text messages, emails, and market reports delivered to their inbox.

Real Estate 431

Real Estate Clients Tools Contracts 431

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period.

Marketing 384

Marketing Investing Mortgage Investors 384

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 432

Housing Market Realtors Contracts Buyers 432

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% million in Q1 2024, compared to a net loss of $0.7

Agents 420

Agents Real Estate Training Buyers 420

Housing Wire

FEBRUARY 14, 2024

You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market. If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+?

Real Estate Agent 421

Real Estate Agent Real Estate Agents Luxury Properties 421

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

Legal 421

Legal Contracts Marketing Mortgage 421

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. Even though the rates are higher now, I think it’s a great market for a first-time homebuyer,” Saghafi said.

Loan Officers 421

Loan Officers Mortgage Buyers Inventory 421

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 441

Real Estate Real Estate Agent Agents Law 441

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 Sales of new homes are already matching 2019 pre-COVID activity and are expected to increase in 2023, largely due to plentiful inventory in this segment of the market.” to $390,000 in 2024.

Inventory 432

Inventory Realtors Contracts Construction 432

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 450

Brokerage Agents Legal Real Estate 450

Housing Wire

FEBRUARY 27, 2024

SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Then, it deploys marketing campaigns on your behalf.

Advertising 431

Advertising Tools Real Estate Sellers 431

Housing Wire

FEBRUARY 26, 2024

Real estate marketing isn’t just about posting a few property listings and hoping for the best. The most successful real estate agents aren’t always the ones with the most experience — but rather those who know how to leverage the best real estate marketing companies and digital tools for their success. per month plus $249.95

Real Estate 421

Real Estate Business Real Estate Agent Marketing 421

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 441

Legal Brokerage Agents Real Estate 441

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. next year, to $395,000. “Home prices will be influenced by how much inventory is brought to market. in 2024, to 820,000. million, or 5.4%, in 2024. in 2023, settling at 4.38

Construction 370

Construction Inventory Realtors Housing Market 370

Sacramento Appraisal Blog

JANUARY 17, 2024

The spring market is awake. UPCOMING (PUBLIC) SPEAKING GIGS: 01/31/24 Joel Wright & Mike Gobbi Event 9am (on Zoom here) 02/01/24 Gateway Event (private) 2/09/24 PCAR WCR Event […] The post The spring housing market is waking up & random stats first appeared on Sacramento Appraisal Blog.

Housing Market 305

Housing Market Marketing Appraisal New Listings 305

Housing Wire

DECEMBER 6, 2023

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. Analysts see mortgage companies issuing debt as a sign that market conditions may improve in 2024. The offer is subject to market conditions and other factors. times, lower than its target of 3.5 In total, $1.8

Contracts 410

Contracts Investing Mortgage Investors 410

Housing Wire

APRIL 22, 2024

Josh Team, Howard Tager, and Jonathan Lickstein at HousingWire’s The Gathering 2024. Photo Credit: AJ Canaria) In the real estate industry, the use of generative artificial intelligence has grown beyond just the composition of marketing copy, leading some to question other potential applications.

Real Estate 441

Real Estate Tools Brokerage Technology 441

Housing Wire

OCTOBER 16, 2023

Disinflation is under way, labor markets are coming into better balance, and economic activity continues to be resilient…By doing nothing, we are doing something. He told conference attendees that inflation is pegged to drop below 3% in 2024 and level at the 2% target thereafter. And I think we are doing quite a lot.”

Contracts 410

Contracts Marketing Mortgage Finance 410

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 428

Brokerage Legal Agents Contracts 428

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 431

Agents Realtors Clients Real Estate Agent 431