Sat.Apr 27, 2024

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Spring housing market gets more inventory

Housing Wire

Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data should grow between 11,000-17,000 per week. Last year, we never hit that target. We have now seen it for two weeks as inventory grew by 13,247. Weekly housing inventory data We’ve now had back-to-back weeks of healthy housing inventory growth and spring 2024 is much healthier than spring 2023

Inventory 511
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CoStar, Realtor.com CEOs on traffic, ads and fierce competition

Real Estate News

Andy Florance and Damian Eales took to the stage separately during the T3 Leadership Summit to address contentious traffic claims and highlight growth goals.

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As settlements move forward, get back in the saddle: The Download

Inman

With preliminary approval of NAR's deal and a new settlement proposal from HomeServices of America, can we finally all get back to business?

Business 174
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Brokerage Beat: News from E&V, BHGRE, @properties, Christie's, EXIT

Real Estate News

E&V opens in Philly; BHGRE adds N. Dakota indie, secures renewal from top firm; @properties grows in Texas; Christie's enters Albania; EXIT adds 7 markets.

Brokerage 224
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10 things to think about when thanking your referral partners

Inman

Want to work smarter, not harder? Nurture your referral pipeline with these tips from coach Darryl Davis for a steady flow of new leads.

Clients 172