Housing Wire

DECEMBER 26, 2023

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. With mortgage rates trending downward in recent weeks and economists expecting them to further recede in 2024, analysts are feeling guardedly optimistic about how the publicly traded brokerages will perform in 2024. “I

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Brokerage Mortgage Agents Bracketing 409

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The market is just insane,” she said. “I

Housing Market 367

Housing Market Marketing Real Estate Agent Real Estate 367

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.” ” Where is the housing market heading?

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Housing Market Marketing Mortgage Buyers 368

Housing Wire

MARCH 9, 2022

the M&A-hungry parent of cloud-based real estate brokerage Fathom Realty , achieved supercharged growth in 2021. Leaders optimistic about future of brokerage. The brokerage’s agent count also grew 48% year over year to 8,100 agents. No matter what the market holds, we believe our model is positioned to win.”.

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Inventory Brokerage Realty Real Estate 317

Housing Wire

JANUARY 8, 2024

The battle among big brokerages for top agents continues in Texas, where eXp Realty added two top teams last week. However, they retained their licenses with their namesake brokerage. Brokerages are always incentivized to hire high-performing teams and individuals to offset the general dwindling of transactions.

Realty 375

Realty Brokerage Real Estate Agents 375

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). In 2023, new-home sales are up 5% year to date, Yun said.

Real Estate 450

Real Estate Inventory Sellers Realtors 450

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. According to the brokerage, 6.5% In some markets, more than 50% of active listings have experienced a price cut, according to Altos Research.

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Sellers Buyers Inventory Real Estate Agent 495

Housing Wire

APRIL 1, 2024

“By welcoming the New Hampshire Association of Realtors, we’re continuing to stand by our vision to break down silos and give industry leaders the full picture through proprietary housing data and research.” Because housing is too important for narrow perspectives and missed connections.

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Realtors Brokerage Tools Inventory 363

Housing Wire

OCTOBER 3, 2023

1 brokerage by transaction side count announced the launch of eXp Exclusives , which will be open to eXp agents and their clients in the U.S. Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app. “Our and Canada.

Realty 398

Realty Clients Agents Tenants 398

Housing Wire

AUGUST 31, 2023

Adam Wiener, Redfin ’s president of real estate services, is leaving the brokerage after nearly 16 years of service, CEO Glenn Kelman announced in an email sent to employees on Tuesday. He then went on to run the partner program, analytics, marketing and a variety of new businesses. His last day at the company will be Friday, Sept.

Real Estate 363

Real Estate Brokerage Insurance Tools 363

Inman

JANUARY 26, 2024

With listings still in short supply, homebuyers are "dealing with an affordability shock" and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY.

Housing Market 160

Housing Market Marketing Construction Inventory 160

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. The report attributes this decrease to the normal seasonal slowdown, causing the shortage of inventory to slow as well. million and 1.92

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Buyers Inventory Real Estate Agent Agents 426

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. s quarter one earnings just as the stock markets opened early Thursday morning. At the same time, Realogy’s CEO noted that the housing market is still pretty good – at least if you’re not a consumer trying to buy a home.

Mortgage 335

Mortgage Brokerage Agents Real Estate Agent 335

Housing Wire

MAY 17, 2023

They’re actually disincentivized given that they’d face a housing market where home prices are 36% higher than they were pre-pandemic and the cost of financing is up significantly. It seems increasingly likely that the COVID refi boom will prove to be the most consequential event in housing in modern American history.

Inventory 355

Inventory Sellers Modernization Mortgage 355

Housing Wire

OCTOBER 25, 2021

For the fifth consecutive month the number of bidding wars on home sales declined, according to a new report from brokerage Redfin. Although this is a clear sign of a slowing market, housing economists say the changes are along the lines of typical seasonal slowdowns. In September, 58.9% A month prior , 60.8%

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Renovations Inventory Agents Housing Market 404

Inman

DECEMBER 5, 2023

Windermere Real Estate Chief Economist Matthew Gardner offers his 2024 forecast for interest rates, home values and the potential for a housing market recovery.

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Inventory Home Value Real Estate Housing Market 123

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

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Housing Market Marketing Real Estate New Listings 78

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. It’s a two-story housing market in Southern California,” Cohen said.

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Marketing Mortgage Inventory Loan Officers 315

Housing Wire

FEBRUARY 28, 2021

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. And with this housing boom will come even more questions from homeowners who want to know their housing options. Many real estate professionals discount the seller lead. Ashley Terrell, EVP, Partnerships.

Real Estate 405

Real Estate Brokerage Valuation Clients 405

Housing Wire

MARCH 31, 2023

As the housing market continues to face volatility, the role of CFO has become increasingly critical. These execs have been faced with navigating a complex and rapidly-changing landscape that includes the rollercoaster ride of low inventory, rising mortgage rates and shifting regulations.

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Finance Realty Property Management Real Estate 317

Housing Wire

MAY 29, 2024

Details of the latest membership count comes as the trade group works to implement a series of major rule changes stipulated by the Sitzer/Burnett commission lawsuit settlement agreement, as well as fewer market opportunities for members due to historically low levels of existing-home sales inventory.

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Realtors Agents Inventory Modernization 306

Housing Wire

JULY 20, 2023

New builds are a bright spot in a bleak housing market as buyers seek new builds due to the lack of resale inventory. In April, On Q Financial and HomeCo Partners formed a joint venture named Partners United Mortgage – a consortium of real estate brokerages and a builder, HousingWire previously reported.

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Loan Officers Brokerage Real Estate Lending 235

Housing Wire

NOVEMBER 5, 2021

Rich DeNicola: My favorite HW+ article is the Real Trends Brokerage Compensation Report. It is a phenomenal resource for any brokerage owner. HousingWire: What do you think will be the big themes for the housing market in 2022? . Rich DeNicola: Inventory is going to persist as a major issue for the foreseeable future.

Real Estate 353

Real Estate Brokerage Construction Business 353

Housing Wire

OCTOBER 4, 2021

With 30% of brokerage business coming from referrals and repeat customers, it is critical for agents to build and maintain relationships with their clients. In response to this widespread use of social media for business, many firms and brokerages have set up social media guidelines.

Realtors 459

Realtors Agents Technology Brokerage 459

Housing Wire

AUGUST 15, 2023

Keller kicked off the first day of the two-day gathering by offering his take on the housing market and economic conditions. Despite persistent inflation challenges, a volatile mortgage market and limited inventory, Keller said it was still a good time to buy a house. “It

Agents 349

Agents Marketing Real Estate Housing Market 349

Housing Wire

FEBRUARY 25, 2022

It’s a topic I always talk about at length with people in the brokerage space, and it’s never been more important than in 2022. HousingWire: What do you think will be the big themes for the housing market in 2022? But In the back half of the year, I think we’ll actually start to see demand wane, inventory rise and prices soften.

Real Estate 381

Real Estate Inventory Brokerage Agents 381

Housing Wire

AUGUST 4, 2023

Bailey also noted that the firm has also seen a fair share of boomerang agents in recent months, who have returned to the firm from a variety of other brokerages. agent count losses slowed quarter over quarter — which is encouraging, given the market conditions.” RE/MAX is also pleased with its international agent count growth.

Agents 325

Agents Real Estate Brokerage Mortgage 325

Housing Wire

MARCH 15, 2024

Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market. He shows up for open houses and teaches courses at real estate brokerage firms, which allowed him to build relationships with agents throughout his career.

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Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

DECEMBER 22, 2021

trillion of housing value over the last year, according to a report published by Redfin this week. The report noted that home-price growth and a severe shortage of inventory worked in tandem to push housing values to record highs in 2021. housing market,” Redfin said. homeowners gained a whopping $9.1

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Home Value Real Estate Housing Market Brokerage 396

Housing Wire

JUNE 8, 2022

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood.

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Inventory Housing Market Clients Marketing 313

Housing Wire

FEBRUARY 14, 2023

His brokerage was recognized by RealTrends as one of the top one-year movers by transaction sides and was one of the top 20 BHGRE companies for units sold in 2021. We reached out to McGrath to learn more about his career trajectory, the current market in his area and what he’s doing to stay ahead of the curve.

Marketing 326

Marketing Real Estate Agents Training 326

Housing Wire

DECEMBER 28, 2021

We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman. What we’re starting to see is more of a cooling or a plateauing than a market correction.”. on pace for 6.29

Real Estate 440

Real Estate Realty Brokerage Realtors 440

Housing Wire

MAY 29, 2024

In 2020, real estate industry veteran Rainy Hake Austin took her decades of experience to The Agency , where she currently serves as president of the Beverly Hills, California-based brokerage firm. This adds a lot of stress and competitiveness inside of an already challenging market that has a lot of uncertainty in it as well.

Agents 303

Agents Real Estate Agent Real Estate Clients 303

Housing Wire

MARCH 2, 2022

The shopping spree, in a historically wild housing market, led to Zillow’s implosion and a lot of red ink on Opendoor’s books. The iBuying industry’s share of the housing market as a whole also dipped during the fourth quarter, dropping to 1.7% during the previous quarter. set during the first quarter of 2021.

Housing Market 361

Housing Market Inventory Construction Marketing 361

Housing Wire

FEBRUARY 4, 2022

With more than 30 years of experience in the real estate industry, Scott has held positions with multiple brokerage firms across the East Coast, which includes B. Gary Scott Realtors , Prudential Preferred Properties and most recently Long and Foster Real Estate , where he served as president of General Brokerage.

Real Estate 369

Real Estate Realtors Brokerage Business 369

Housing Wire

NOVEMBER 1, 2023

“We believe the pay-to-play marketplace is a step backwards for consumers and the industry as a whole and we very much like our position and growth plan in a market structure the continually evolves towards our principles of access, independence and transparency,” he said.

Real Estate 425

Real Estate Advertising Agents Realtors 425