Housing Wire

JANUARY 28, 2022

home sellers made a pretty penny in 2021, with the nationwide realized profit growing by 45% year-over-year, according to a new analysis published by real estate data vendor ATTOM this week. For comparison sake, in 2019 a home seller’s realized profit averaged out to about $55,000, the report said. Presented by: Equifax.

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Sellers Investing Investors Housing Market 423

Housing Wire

JULY 17, 2023

Within three hours at DealMakers, I already learned enough information to more than justify the time and money invested. Buyers and sellers alike must learn to navigate these uncharted waters. Buyers aren’t willing to value companies at that level in this market, nor should they.

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Real Estate Buyers Sellers Brokerage 328

Housing Wire

OCTOBER 20, 2022

Despite this drop, investment returns for home sellers is still up from 48.8% ATTOM says these factors are raising homeownership costs for buyers, which it says “cuts into resources available for down payments on purchases” and impacts overall household budgets. Metro results for home sellers.

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Sellers Investing Housing Market Real Estate 373

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Launched in 2021, Splitero’s main focus is on home equity investments (HEI), which differs from home equity lines of credit (HELOC). Clients must retain a stake of at least 20% in their homes.

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Brokerage Real Estate Investing Sellers 354

Housing Wire

APRIL 1, 2024

Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments. The annual investment volume in the U.S.

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Finance Investing Real Estate Agent Real Estate 379

Housing Wire

NOVEMBER 16, 2022

But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Based on numerous interviews with mergers and acquisitions experts, we dove into the 2023 IMB buyer profile. trillion in loans, about half of 2021’s $4.4 trillion to $1.7

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Buyers Mortgage Sellers Investing 400

Housing Wire

MARCH 20, 2024

False: The NAR settlement will, for the first time, allow sellers to no longer pay compensation for an agent bringing the buyer. There has never been an obligation for a seller to pay buyer agent compensation , yet it is a practice that’s worked well.

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Sellers Real Estate Realtors Realty 450

Housing Wire

SEPTEMBER 7, 2023

But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. You’ve got current economic conditions that are not opportunistic for a homebuyer right now, inflation is still out there and it’s all constraining buyers’ ability to spend. “You’ve

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Buyers Agents Loan Officers Real Estate 378

Housing Wire

APRIL 3, 2024

The combined share of millennials, both younger (ages 25 to 33) and older (ages 34 to 43), made up a combined 38% of the home purchase market last year, up from 28% in 2022, according to the 2024 Home Buyers and Sellers Generational Trends report from the National Association of Realtors (NAR).

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Marketing Buyers Sellers Realtors 508

Appraisal Buzz

APRIL 11, 2022

It’s increasingly difficult for home appraisers to predict what will happen next, between seller booms and fluctuating mortgage rates. Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Affordability remains an issue for younger buyers who haven’t yet saved enough money.

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Buyers Renovations Supply Chain Housing Market 370

Housing Wire

JANUARY 29, 2024

When it comes to home staging, there are two homeowner camps: those who think it’s a waste of money and don’t want to pay more to make their home more attractive to buyers and those who realize the worth and are willing to make the investment needed. In fact, this year I’d argue we need to take it a step further.

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Realtors Buyers Agents Decorating 420

Housing Wire

FEBRUARY 21, 2024

“This collaboration reflects our dedication to equipping NAR members with innovative solutions that cater to the evolving needs of their clients, ensuring a smooth experience for sellers and buyers alike,” said Rhonny Barragan, NAR vice president of strategic alliances in an announcement of the deal.

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Home Improvement Realtors Real Estate Agent Inspection 378

Housing Wire

MARCH 20, 2024

NAR’s proposed settlement – which still needs court approval – includes several rule changes, including a new requirement that buyer agents to enter into a written buyer broker agreement with clients. That may be a slightly rosy framing of buyer agents’ impact on ZIllow’s revenues.

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Investors Agents Real Estate Buyers 395

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.

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Real Estate Agent Real Estate Agents Loan Officers 382

Housing Wire

APRIL 19, 2023

But the landscape is changing, and ADU buyers (and ADU builders and makers) are adapting to it. The interest in the smaller structures that were hot sellers during the pandemic has ceded ground to a surge in inquiries about ADUs with bathrooms, kitchenettes and the full suite of HVAC, plumbing, and electrical service.

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Buyers Real Estate Construction Finance 330

Housing Wire

MAY 29, 2024

With more than 16 years of real estate experience, Wood brings extensive expertise in sales, rentals and real estate investing. I am passionate about providing white-glove service to my buyers and sellers, and Coldwell Banker Realty will enable me to enhance that important aspect of my business,” Wood said.

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Realty Agents Luxury Properties Brokerage 276

Housing Wire

DECEMBER 15, 2023

While the past two years have been challenging to say the least for prospective homebuyers , homeowners have been reaping the fruits of their investments, as home prices steadily appreciated for the past three years. According to the 2023 NAR Profile of home buyers and sellers, the typical downpayment for first-time buyers was 8%.

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Sellers Buyers Mortgage Investing 456

Housing Wire

FEBRUARY 26, 2024

Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return. As a result, new condo listings are flooding the market in Florida as sellers try to unload their properties at a discount.

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HOA Law Insurance New Listings 464

Housing Wire

MARCH 13, 2024

The basis of the idea goes something like this: in today’s high-tech digital world, there exists abundant online resources whereby any buyer can review any property, compare any property value, draw an accurate opinion of any property value, and even reach out directly to sellers to negotiate a transaction. That’s a pretty big task.

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Real Estate Agent Real Estate Agents Sellers 432

Housing Wire

MAY 18, 2023

The marketplace, known as eMSR Exchange, connects buyers and sellers of co-issue flow offerings online and provides pricing 24/7. Buyers face the process of communicating with the sellers, creating pricing strategies and going through diligence and agreements. “It’s a very cumbersome process.

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Sellers Buyers Mortgage Real Estate 334

Housing Wire

MAY 4, 2023

On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. Buyer interest has increased over the past few months, but showing activity is still much lower than it would be in a typical spring market. Buyer disappointment. To register, go here.

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Housing Market Marketing Inventory Buyers 393

Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Don’t get too emotionally invested in any one available property, and remember there are always other homes.

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Real Estate Agent Real Estate Inspection Tools 404

Housing Wire

NOVEMBER 1, 2023

Zillow Group continues to invest in tech solutions to help agents deliver an increasingly seamless experience for our shared customers,” Susan Daimler, the president of Zillow, said in a statement. The acquisition purchase price includes $400 million of initial cash consideration and up to $100 million in potential cash earnout.

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Agents Clients Real Estate Investing 465

Housing Wire

MAY 14, 2024

So, it’s not surprising to see the administration and members of Congress announcing big ticket legislative initiatives to boost homeownership – like a 1 st time homebuyer tax credit and the Neighborhood Investment Act to fix up older homes. The Community Home Lenders of America (CHLA) applauds these initiatives.

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Sellers Realty Insurance Realtors 301

Housing Wire

SEPTEMBER 13, 2023

Following the investment, Wu and Rabius will join Roam’s board. It allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The platform advertises sellers listing to qualified buyers.

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Mortgage Government Advertising Buyers 395

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. homes sold in June found a buyer in less than a month. The market has, ahem , evolved in the four years since. on the Eastside.

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Sellers Buyers New Listings Inventory 60

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

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Finance Real Estate Agent Real Estate Insurance 425

Housing Wire

JANUARY 10, 2024

You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. It can net your seller thousands or tens of thousands more when you do this right! Make sure both places shine.

Sellers 353

Sellers Inspection Agents Clients 353

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. It never will be. I’ll explain later.)

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Agents Buyers Sellers Inventory 389

Housing Wire

JANUARY 24, 2024

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. With a wave of new home purchases and refinance transactions expected, as an industry, we’re expecting many new questions about how buyers and owners can best protect their property rights.

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Insurance Sellers Buyers Housing Market 427

Housing Wire

APRIL 8, 2024

In addition to the monetary award, Real has also agreed to implement business policy changes as part of the settlement, including “clarifications about the negotiability of commissions, prohibitions on claims that buyer agent services are free, and the inclusion of listing broker compensation offers in communications with clients.”

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Brokerage Real Estate Agent Real Estate Clients 352

Housing Wire

MAY 1, 2024

In a giant industry that has historically had very little R&D investment, digitally re-platforming and integrating a huge disparate local industry where transactions are relatively infrequent is an audacious undertaking. he posited. The simple answer is that Zillow is wholly focused on solving real consumer problems with software.

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Agents Real Estate Contracts Real Estate Agent 343

Housing Wire

APRIL 3, 2024

Zillow is mostly known for its practice of selling buyer agent leads through its Premier Agent program, while Homes.com has touted its “your listing, your lead” model, which focuses on seller agents. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

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Real Estate Agents Buyers Business 365

Housing Wire

MARCH 19, 2024

President Joe Biden will be in Las Vegas on Tuesday, where he will offer additional remarks about the policies and priorities of his administration’s push to address housing issues for renters and buyers alike. These investments, Brainard said, are estimated to total about $185 billion.

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Sellers Buyers Realtors Investing 308

Housing Wire

FEBRUARY 27, 2024

Despite this assertion, Reffkin was happy to field questions about the firm’s use of buyer agency agreements during the question and answer portion of the call. He noted that the company has implemented its “largest training program” ever, which saw 20,000 agents go through training on buyer representation agreements.

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Agents Brokerage Buyers Training 336

Housing Wire

MAY 5, 2022

You buy rental properties to invest in and then eventually sell and earn capital gains. It can be one of the smartest investments you make in your lifetime. Most buyers looking for a primary residence won’t consider a home with tenants in it. This keeps you involved in the investment, but you’re on your way out.

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Tenants Investing Buyers Bracketing 350

Housing Wire

AUGUST 4, 2023

Yes, you should certainly be able to post an impressive listing and understand the ins and outs of closing, but helping buyers and sellers means cultivating a diverse set of skills to navigate a complex and ever-changing real estate market. They won’t waste time on mismatched properties or investments beyond a client’s reach.

Real Estate Agent 347

Real Estate Agent Real Estate Agents Clients 347