Sat.Nov 18, 2023

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Have lower mortgage rates already boosted housing demand?

Housing Wire

Did the recent move lower in mortgage rates turn the housing market positive? With mortgage rates moving almost 75 basis points lower from the highs, does the data show that demand has improved? Let’s take a dive in the weekly tracker to see. Purchase application data Last year, when mortgage rates fell from 7.37% to 5.99% , we got three good months of positive purchase application data until the first week of February before mortgage rates started to run higher from 6%-8%.

Mortgage 491
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Agents Decoded: Commissions lawsuits won’t doom agents

Real Estate News

Real estate agents hate change — but lawsuit outcomes like buyer agreements and greater transparency are nothing to fear, says industry veteran Phil Faranda.

Agents 271
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9 reasons real estate agents can be thankful this season

Inman

Coach and author Darryl Davis offers a Thanksgiving prescription for agents and brokers who are feeling overwhelmed by challenges in the industry. Even in the midst of change and upheaval, there are always reasons to be thankful and to embrace a positive attitude.

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Brokerage Beat: News from The Agency, Coldwell Banker, C21, Sotheby's

Real Estate News

The Agency opens 100th office; longtime Bermuda firm re-ups with Coldwell Banker; Century 21 adds affiliate in Mass.; Sotheby's grows in Upstate NY.

Brokerage 218
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Lesson Learned: Watch your mouth — and your face

Inman

Find out how Las Vegas Realtor Camila Lincowski brings her winning personality to her work and why her mom says she's "the best Realtor.

Realtors 192
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Fannie Mae Rolls Out 5% Down Payment Program for Multifamily Properties—Here’s What You Need to Know

BiggerPockets

Effective November 18, Fannie Mae will begin accepting lower down payments on multifamily housing. Read all of the details here.

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Transgender Day of Remembrance is a time for authenticity

Inman

For transgender real estate professional Jamie Zapata, leading with authenticity in both life and business is the only way to thrive.

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Here’s how to talk to buyers now: The Download

Inman

We get into the nitty-gritty of how to talk to buyers post-Sitzer and ensure you're communicating your value.

Buyers 172