Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

MAY 14, 2024

The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025. “We We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. More than 80% of recent buyers asked for at least one seller concession.

Real Estate Agent 442

Real Estate Agent Agents Real Estate Buyers 442

Lamacchia Realty

APRIL 8, 2024

has released its “Top Producing REALTORS®,” for March 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Laurie was featured on the 2024 Who’s Who List in Boston Agent Magazine.

Realtors 72

Realtors Realty Real Estate Agents 72

Housing Wire

MARCH 28, 2024

Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6% month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). annually in February 2024. NAR’s Pending Home Sales Index increased to 75.6 in February, up from 74.3 in January.

Inventory 450

Inventory Realtors Contracts Sellers 450

Housing Wire

DECEMBER 15, 2023

After two straight years of double-digit declines, home sales will pick up in 2024 thanks to lower mortgage rates. This is according to NAR Chief Economist Lawrence Yun, who shared a presentation of his 2024 forecast on Tuesday. Yun expects the first rate cut to come in the late spring of 2024.

Sellers 464

Sellers Buyers Mortgage Investing 464

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 65

Sellers Realtors Buyers Inventory 65

Housing Wire

MAY 7, 2024

Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions. Its mortgage revenue was $34 million, down 7% from a year ago. Market conditions recently got worse, but Redfin got better in the first quarter of 2024,” Glenn Kelman, CEO of Redfin, said in a statement.

Marketing 420

Marketing Brokerage Advertising Agents 420

Housing Wire

APRIL 16, 2024

Reverse mortgage volume dropped in February compared to the month prior, and new data compiled by Reverse Market Insight (RMI) shows that the primary culprit for the month was retail reverse mortgage originations. The reverse mortgage industry, he added, is adding its own brand of perseverance to the table.

Retail 400

Retail Mortgage Business Loan Officers 400

Housing Wire

DECEMBER 6, 2023

More home sellers on the East Coast are getting in on the commission lawsuit action. Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS.

Realty 424

Realty Realtors Brokerage Real Estate 424

Housing Wire

JANUARY 29, 2024

You’ll get 20+ “how to” videos to help you understand the fundamentals of the job, buyer and seller checklists, action plans and other helpful resources. Check out the Utah Division of Real Estate and the Utah Association of REALTORS for up-to-date information about getting licensed and joining a brokerage in Utah in 2024.

Real Estate 409

Real Estate Real Estate Agent Agents Law 409

Housing Wire

DECEMBER 20, 2023

million, according to the National Association of Realtors. The latest weakness in existing home sales still reflects the buyer bidding process in most of October when mortgage rates were at a two-decade high before the actual closings in November,” NAR Chief Economist Lawrence Yun said in a statement. “A Existing-home sales grew 0.8%

Inventory 423

Inventory Housing Market Realtors Buyers 423

Housing Wire

JANUARY 24, 2024

But there appears to be a light at the end of the tunnel as mortgage rates are expected to steadily decrease, allowing homeownership to be within reach for more Americans. Even as home prices began to decrease last year, mortgage rates remained high, leading both buyers and sellers to stay out of the housing market.

Insurance 433

Insurance Sellers Buyers Housing Market 433

Housing Wire

FEBRUARY 22, 2024

Existing-home sales picked up in January as buyers took advantage of the lowest mortgage rates seen in several months. from December to a seasonally adjusted annual rate of 4 million in January, according to a report from the National Association of Realtors (NAR). But not all consumers are put off by higher mortgage rates.

Inventory 424

Inventory Sellers Buyers Realtors 424

Housing Wire

NOVEMBER 8, 2023

The National Association of Realtors (NAR) on Wednesday unveiled its state flood disclosure tracker tool , aiming to offer clarity and access to survey existing state disclosure requirements for flood insurance. Leaders in Congress are debating another CR to keep the government funded into January 2024. America’s 1.5

Legal 405

Legal Law Insurance Real Estate 405

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 You can see why I have been on team higher mortgage rates for some time now because we don’t have any other way to get off this madness. However, a seller is also a natural homebuyer, unless they’re an investor.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

APRIL 1, 2024

In October 2023, the firm — which is known for its “buy before you sell” product that enables a mortgage lender to treat the client’s current home as sold while giving them the ability to sell their home on the open market for up to 90 days after buying their new property — launched a partner channel.

Loan Officers 413

Loan Officers Clients Mortgage Construction 413

Lamacchia Realty

JANUARY 3, 2024

Amy Wallick Discusses 2024 Housing Market on NBC News Boston Amy Wallick was recently featured on an NBC News Boston segment, where she discusses what we can expect in 2024 for the housing market.

Housing Market 58

Housing Market Marketing Realtors Realty 58

Housing Wire

DECEMBER 7, 2023

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 4.5 out of 5.

Real Estate 402

Real Estate Real Estate Agent Law Brokerage 402

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. However, that hasn’t been the case so far in 2024. from the previous year ($375,300). All four U.S. million in March.

Inventory 483

Inventory Housing Market New Listings Buyers 483

Housing Wire

MAY 1, 2024

In light of the jury verdict in the Sitzer/Burnett suit and the terms of the National Association of Realtor’s nationwide settlement agreement of the commission lawsuits , several prominent industry analysts believe Zillow will struggle with its financial performance. Barton also touched upon the terms of NAR’s settlement agreement.

Agents 424

Agents Real Estate Contracts Real Estate Agent 424

Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” Sellers want their listing broker to pay the buyer broker’s compensation because it will result in the most buyers being able to afford their house.” Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 393

Buyers Agents Loan Officers Real Estate 393

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. With the guidance of your trusted REALTOR®, you can be prepared to handle anything and bring your transaction to a smooth close. So, what do you, as a seller, do in this scenario?

Inspection 70

Inspection Sellers Buyers Agents 70

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. The first line of defense is hiring a REALTOR® who is experienced in handling the complexities of multiple offers in this adjusting market with higher rates.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Will Springer Realtor

JANUARY 2, 2024

We have turned the page and see signs of hope for an improved year for buyers and sellers – but, consumers may still take a cautious approach amid uncertainty about a possible recession, job security and other potential issues. There are glimmers of hope for 2024 mixed with potentially difficult circumstances.

Real Estate 65

Real Estate Sellers Housing Market Realtors 65

Housing Wire

FEBRUARY 15, 2024

According to the National Association of Realtors , 4.09 Schneider expressed his optimism about 2024 as mortgage rates have started to tick down, consumer sentiment around housing is improving and benchmark rate cuts are expected. Home sales transaction volume dropped 19% year over year.

Housing Market 403

Housing Market Marketing Brokerage Agents 403

Movoto

MAY 15, 2024

Select service members, veterans, and some surviving military spouses can take advantage of a specific lending scenario known as a veteran mortgage – more commonly referred to as VA loans. In the following, we’ll explain VA loans and how they differ from other lending options, as well as walkthrough the steps to secure VA mortgages.

Mortgage 36

Mortgage Real Estate Agent Lending Real Estate 36

Housing Wire

MAY 10, 2023

Lawrence Yun , the National Association of Realtors ’ chief economist, took a stronger stance during the “Residential Economic Issues and Trends Forum” at NAR’s ongoing Legislative Meeting. Yun also noted that he is forecasting mortgage rates to fall closer to 6.0% in 2023 before dropping below 6.0%

Housing Market 382

Housing Market Insurance Realtors Buyers 382

Housing Wire

AUGUST 23, 2023

. “For things like homeowner’s insurance , title insurance, and realtors, we’ve now just become a marketplace. According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. ” And what is Better.com best at? We aim for a similar mix.”

Realtors 370

Realtors Technology Insurance Mortgage 370

Clear Capital

DECEMBER 28, 2023

Martin for Bankrate We may be in the thick of winter, but many homebuyers and sellers are starting to have warm thoughts about the housing market. That’s because, looking ahead, market indicators suggest we’ll see increased activity thanks to lower mortgage rates. Homebuying and open house visits also ramp up starting in March.”

Inventory 36

Inventory Real Estate Open Houses Buyers 36

Housing Wire

JUNE 21, 2022

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened.

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. However, I knew the years 2020-2024 would see better demand from the bump in demographics. months to 3.3

Inventory 464

Inventory Marketing Housing Market New Listings 464

Housing Wire

FEBRUARY 8, 2024

In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals. Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City.

Real Estate Agent 404

Real Estate Agent Real Estate Agents Clients 404

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “We are well positioned for further solid performance in 2024 as we take the friction out of real estate.” Opendoor’s stock closed at $2.09

Marketing 414

Marketing Inventory Renovations Investors 414

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. Is this the first stage of a mortgage rate lockdown? from July to a seasonally adjusted annual rate of 4.80

Inventory 450

Inventory Housing Market New Listings Mortgage 450

Housing Wire

JULY 20, 2022

The National Association of Realtors reported that existing home sales fell last month while prices increased yearly. This means 4%+ mortgage rates. The more significant issue is that during 2020-2024, I thought the housing market would be healthy as long as price growth stayed at 23% or under for those five years.

Inventory 506

Inventory Housing Market Marketing Realtors 506

Housing Wire

APRIL 17, 2024

Expect 2024 to be mildly better than 2023 with mortgage rates falling in the second half of the year, housing experts opined in their forecasts at the end of the year. The pessimism is visible in mortgage rates. Freddie Mac ‘s weekly Primary Mortgage Market Survey is climbing back towards 7%.

Mortgage 464

Mortgage Brokerage Real Estate Tenants 464

Housing Wire

APRIL 25, 2024

In 2024, agents have two choices; learn how to run your entire business from the apps on your phone or tablet, or find a new career. To help, we reviewed hundreds of options to put together this list of the best real estate apps for 2024. Vetted by HousingWire | Our editors independently review the products we recommend.

Real Estate 426

Real Estate Agents Open Houses Tools 426