Housing Wire

SEPTEMBER 1, 2023

Jobs week cleared up the skies for the Federal Reserve members, who are smiling — big time — after a series of data lines gave them what they wanted: a softer labor market! While the labor market isn’t breaking , it has become more pliant in the data lines the Fed focuses on. After Friday’s jobs report , which had some one-time variables, we can say that the economy is heading into an area where the Fed will feel much more comfortable, and we should not have any more rate hikes.

Transportation 473

Transportation Marketing Construction Housing Market 473

Real Estate News

SEPTEMBER 1, 2023

Spencer Rascoff said home search portals may need to pivot in a world where buyers agents are no longer paid via the listing agent’s commission.

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Agents Buyers 313

Housing Wire

SEPTEMBER 1, 2023

In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations. Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. This year 75 honorees were honored as HW Insiders.

Technology 450

Technology Development Real Estate Realty 450

Real Estate News

SEPTEMBER 1, 2023

A case filed by the Top Agent Network targeting NAR's Clear Cooperation policy was reinstated after previously being dismissed in 2021.

Agents 313

Agents 313

Housing Wire

SEPTEMBER 1, 2023

Thousands of New York City Airbnb listings are vanishing from the market as the city introduces some of the strictest regulations in the U.S. for short-term rentals. Starting on Sept. 5, hosts of short-term rentals will need to register with the city, The Wall Street Journal reported. Airbnb hosts will have to meet several new requirements, including not renting out an entire apartment or home; and being present during guests’ short-term stays.

Legal 397

Legal Law Government Marketing 397

Real Estate News

SEPTEMBER 1, 2023

Following an FTC settlement in which Black Knight agreed to sell off a portion of its company, the deal is set to close on Sept. 5.

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Real Estate News

SEPTEMBER 1, 2023

Adam Wiener, Redfin’s president of real estate services and "moral compass," is leaving after more than 15 years with the company.

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Real Estate 218

Housing Wire

SEPTEMBER 1, 2023

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ , the companies announced on Friday. The terms of the deal were not disclosed. The transaction will allow Cerberus executives to realize new opportunities as demand for home equity solutions in the U.S. accelerates.

Loan Officers 397

Loan Officers Investing Technology Mortgage 397

Inman

SEPTEMBER 1, 2023

Support for the embattled CEO, who many expected to announce his early retirement as a result of a fast-moving harassment scandal, came late Thursday with a statement from new president Tracy Kasper.

Realtors 203

Realtors 203

Housing Wire

SEPTEMBER 1, 2023

The pace of hiring continued to cool in August, with job gains of 187,000, which is lower than both the 204,000 monthly average for the previous six months and the 399,000 average of 2022, said Realtor.com Chief Economist Danielle Hale. Total nonfarm payroll employment increased by 187,000 jobs, just like in July , according to data released by the Bureau of Labor Statistics.

Construction 397

Construction Housing Market Marketing Mortgage 397

Inman

SEPTEMBER 1, 2023

The Realty Alliance CEO Craig Cheatham illuminates the frequently byzantine path many Realtors follow on their journey up the National Association of Realtors's formidable org chart.

Realtors 192

Realtors Realty Brokerage Agents 192

Housing Wire

SEPTEMBER 1, 2023

In the wake of the New York Times exposé , which revealed sexual harassment allegations and a “culture of fear” at the National Association of Realtors , the trade organization is throwing its support behind longtime CEO Bob Goldberg. In a statement confirming that a rumored emergency executive committee meeting had occurred on Thursday, newly appointed NAR president Tracy Kasper, who took the helm on Monday after Kenny Parcell’s resignation , said the executive committee was looking into polici

Realty 397

Realty Design Business Realtors 397

Inman

SEPTEMBER 1, 2023

Victoria Kennedy, CEO of Atman Real Estate, outlines the ways that AI is already reshaping the real estate industry. If you've been holding off on putting AI to work for your real estate business, the time has come to get off the sidelines.

Real Estate 191

Real Estate Business Property Management Investing 191

Housing Wire

SEPTEMBER 1, 2023

Pennymac Loan Services and RoundPoint Mortgage Servicing reported this week their customers were exposed to a data breach through the Sovos Compliance software , per filings with the Attorney General in California. Sovos, which provides services to financial companies, said that its vendor Progress Software had a vulnerability in its MOVEit Transfer application on May 31, 2023.

Law 396

Law Investing Finance Mortgage 396

Inman

SEPTEMBER 1, 2023

The enhanced property marketing service from the industry’s most popular portal is offered under the company’s ShowingTime+ division, limited to select agents in each market, according to the company.

Marketing 190

Marketing Agents Technology 190

Eyes on Housing

SEPTEMBER 1, 2023

NAHB analysis of Census Construction Spending data shows that private residential construction spending rose 1.4% in July after an increase of 1.5% in June and 3.5% in May. Spending stood at a seasonally adjusted annual pace of $879 billion. However, total private residential construction spending is still 5.5% lower compared to a year ago. The total construction monthly increase is.

Construction 173

Construction 173

Inman

SEPTEMBER 1, 2023

Real estate agents recently revealed to Inman the most unexpected reasons they've lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui.

Real Estate Agent 187

Real Estate Agent Real Estate Agents Realty 187

Eyes on Housing

SEPTEMBER 1, 2023

The recent employment data indicates that the labor market is cooling gradually due to rising interest rates. Total employment increased by 187,000 and the unemployment rate rose to 3.8% from 3.5%. Wage growth slowed. In August, wages grew at a 4.3% year-over-year growth rate, down 1.1 percentage points from a 5.4% gain in August 2022. The Bureau of Labor Statistics.

Marketing 103

Marketing Construction 103

Inman

SEPTEMBER 1, 2023

Joseph Wihbey, Productive.ai's COO and head of product, took a different approach than everyone else in his pitch: he simulated a phone call with a potential client to show what the tool can do.

Tools 181

Tools Clients Realtors Technology 181

BiggerPockets

SEPTEMBER 1, 2023

No "Airbnbust" this year. The short-term rental market had a great summer, and demand doesn't look like it's going anywhere anytime soon. These markets had the best jumps this summer.

Investors 86

Investors Marketing Investing Real Estate 86

Inman

SEPTEMBER 1, 2023

Mixed payroll and unemployment report sends long-term interest rates surging, but some analysts say the latest numbers reduce the odds of a September Fed rate hike.

Mortgage 183

Mortgage Marketing 183

BiggerPockets

SEPTEMBER 1, 2023

Don’t have the capital OR credit to invest? Seller financing is a powerful tool that could allow you to score multiple real estate deals without ever going through a bank.

Tools 80

Tools Finance Real Estate Sellers 80

Inman

SEPTEMBER 1, 2023

As summer turns to fall, Inman checked in with Maverick Design’s Trend Report to see the latest in home interiors. From statement stones to daring details, bold looks are drawing attention in 2023.

Design 172

Design Agents Marketing 172

BiggerPockets

SEPTEMBER 1, 2023

The housing market is in an interesting spot and there is still a lot of economic uncertainty. With that said, here's what you can do to produce success.

Real Estate 80

Real Estate Investors Marketing Housing Market 80

Inman

SEPTEMBER 1, 2023

Leslie Clarke and Jeannette Floto's team specializes in the upscale Westport and Fairfield County markets, according to an announcement. In 2022, the two-agent team closed $124.33 million in sales.

Agents 164

Agents Marketing Technology Brokerage 164

Lamacchia Realty

SEPTEMBER 1, 2023

We’re extending a HUGE congratulations to Mark Balestracci , who has officially qualified for the 2023 Lamacchia Realty President’s Club! Mark and his team reached this milestone by closing on 55 sales as a group this year so far. This is Mark’s second year in a row qualifying, having made it in 2022 AND reaching President’s Club ELITE in 2022 as well!

Realty 73

Realty Clients Real Estate Marketing 73

Inman

SEPTEMBER 1, 2023

Mortgage giants Fannie Mae and Freddie Mac outline relief for victims, including forbearance suspending mortgage payments for up to 12 months.

Insurance 173

Insurance Mortgage 173

Kairos Appraisal Services

SEPTEMBER 1, 2023

Green and energy-efficient homes offer a ton of value to homeowners and homebuyers, thanks to their energy savings and safety, health, and comfort benefits. But how do we figure this value into home appraisals? Green home appraisals are a hot topic as green and energy-efficient properties continue to gain in popularity. Read on to learn… The post The Challenges of Green Home Appraisals appeared first on Kairos.

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Appraisal Appraisal Process Sellers Buyers 52

Inman

SEPTEMBER 1, 2023

Real estate didn't shed an unusual number of workers in August. But there are fewer jobs than it once seemed. Inman explains the paradox.

Real Estate 164

Real Estate Construction Brokerage Marketing 164

Mortgagebroker News

SEPTEMBER 1, 2023

This is despite a projected slight drop in the BoC’s policy rate by the end of 2024 or early 2025

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Inman

SEPTEMBER 1, 2023

With Inman Top 5, you'll find the most essential stories of the past week, as chosen by our Inman readers.

Agents 179

Agents 179

Mashvisor

SEPTEMBER 1, 2023

How to buy Airbnb properties for maximum return is one of the most important questions that every investor in short term rentals faces.

Investing 62

Investing Investors Real Estate Marketing 62

Inman

SEPTEMBER 1, 2023

This has been an action-packed week in real estate. As always, The Download is here to help you catch up on the latest NAR developments.

Real Estate 140

Real Estate Development Realtors Brokerage 140

Mortgagebroker News

SEPTEMBER 1, 2023

The region's industrial availability rate has grown for the third straight quarter, says Avison Young

Marketing 67

Marketing 67