Housing Wire
DECEMBER 8, 2023
After today’s jobs report , which showed unemployment at 3.7%, it’s now clear that the Federal Reserve does not need to create a job-loss recession to bring down the growth rate of inflation. The Fed has much to answer for after their massive rate hikes and quantitative tightening policy. These were created to bring down inflation by impacting the labor market but they disproportionally affected housing in a negative way.
Real Estate News
DECEMBER 8, 2023
Coaching expert Tom Ferry talks about what to expect from a coaching session and why more agents should embrace video.
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Housing Wire
DECEMBER 8, 2023
An amended complaint in the Phillips copycat commission lawsuit filed on Wednesday in northern Georgia names a slew of additional defendants, as well as three new plaintiffs. Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. Central to the complaint is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer brokers in order to list a pro
Real Estate News
DECEMBER 8, 2023
The bill, which would give large-scale corporate investors 10 years to unload the homes they own or face massive penalties, faces long odds.
Housing Wire
DECEMBER 8, 2023
How do you articulate the value you bring when representing a homebuyer in a real estate transaction? You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients.
Inman
DECEMBER 8, 2023
Coldwell Banker Global Luxury transformed a recent home trends survey of 200 luxury agents into a shoppable "Best of the Best" guide of luxury home products. The result shows luxury homeowners crave serenity now more than ever.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
DECEMBER 8, 2023
With words of wisdom from Charlie Munger, Simon Sinek and even Friedrich Nietzsche, team leader Carl Medford looks at 12 reasons to quit a job and 12 ways to fight that impulse.
Housing Wire
DECEMBER 8, 2023
Employers picked up the hiring pace in November, shaking investors’ confidence in the Federal Reserve ’s likelihood of cutting interest rates in 2024. November job gains grew faster than expected, posting an increase of 199,000 jobs in November, up from 150,000 in October, according to data released by the Bureau of Labor Statistics. Employment growth stayed below the average monthly gain of 240,000 over the previous 12 months but aligned with job growth in recent months.
Inman
DECEMBER 8, 2023
Employers added 199,000 workers to their payrolls in November, a sign that the economy may achieve a soft landing but making Fed spring rate cuts less likely.
Housing Wire
DECEMBER 8, 2023
The U.S. Department of Housing and Urban Development (HUD) believes housing has a role to play in combating the opioid overdose epidemic. On Friday, HUD issued a joint letter co-written with the U.S. Department of Health and Human Services (HHS) and the White House Office of National Drug Control Policy (ONDCP), urging public health departments and health care systems to “partner with housing providers, community development organizations, and other housing agencies to help expand access to nalo
Inman
DECEMBER 8, 2023
In partnership with Roomvo, the brokerage and search portal's new Redfin Redesign tool grants homebuyers the ability to alter room finishes while alerting agents to a buyer's growing interest.
Housing Wire
DECEMBER 8, 2023
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school.
Inman
DECEMBER 8, 2023
According to DEI expert Nora Crosthwaite, we have more questions than answers when it comes to the future of homeownership options for underserved communities, and that's unfair to consumers.
Housing Wire
DECEMBER 8, 2023
A former mortgage consultant who worked for Wells Fargo and ultimately brought a case against the company in a Southern California court over allegedly being fired for complaining about discriminatory lending practices has settled with the company, according to reporting from Los Angeles-based radio outlet KNX News. Attorneys for both parties jointly filed papers in the Los Angeles County Superior Court on Sept. 14, explaining a settlement agreement “in principle” was reached.
Inman
DECEMBER 8, 2023
According to land investment specialist Curtis Williams, real estate professionals with their fingers on the pulse of the latest developments in this domain are poised to have a critical advantage over colleagues less expert in AI.
Eyes on Housing
DECEMBER 8, 2023
In November, total nonfarm payroll employment increased by 199,000 and the unemployment rate declined to 3.7%, from 3.9% in October. The labor market continues to moderate. The Fed held interest rates steady for the second meeting in a row at the conclusion of its November meeting. This month’s employment data will be one of the key components in determining whether.
Inman
DECEMBER 8, 2023
Consultant Diana Zaya writes that establishing a structured recruitment process, utilizing diverse sources for finding potential agents, and effectively communicating your brokerage's value proposition, you can attract agents who are ready for change and set them on a path to success.
BiggerPockets
DECEMBER 8, 2023
Taylor Swift's Eras Tour brought in millions of dollars for Airbnb hosts, according to a new report. Read more to see which markets did best and how you can cash in on the next big tour.
Inman
DECEMBER 8, 2023
In addition to launching in Australia and New Zealand, the virtual brokerage also expanded its luxury program into South Africa and the United Kingdom.
Appraisal Today
DECEMBER 8, 2023
OK to average adjusted comps on appraisal? To Mean, or Not to Mean, That is the Question By Brent Bowen Excerpts: There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to arrive at an indicated value of the subject from the Sales Comparison Approach. Fannie Mae is referenced as the source of this prohibition, although no such prohibition explicitly exists according to Fannie Mae’s Selling Guide.
Inman
DECEMBER 8, 2023
The Nobel Prize-winning musician has sold his 16-bedroom Scottish Highlands retreat, Aultmore House, to whiskey manufacturer Angus Dundee Distillers.
BiggerPockets
DECEMBER 8, 2023
In this article, expert contractor Bruce Woodruff delves into the crucial decision-making process in every construction project: Who should buy the materials?
Inman
DECEMBER 8, 2023
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
BiggerPockets
DECEMBER 8, 2023
Zillow's 2024 housing outlook is just one of many predictions to come out this month that suggests more homes will hit the market. But that also means they're calling for a slight decrease in prices. Read the details here.
Mortgagebroker News
DECEMBER 8, 2023
Central bank is maintaining a somewhat hawkish tone, 'even if no-one believes them,' says BMO chief economist Porter
Eppraisal
DECEMBER 8, 2023
Are you considering taking the plunge into homeownership within the next year? Congratulations! Purchasing your first home is an exciting and rewarding milestone. However, to ensure a seamless transition into homeownership, there are crucial steps and preparations to undertake. In this guide, we'll walk you through the essential actions you should start now, setting you on the right path to make informed decisions and secure your dream home. 1.
Mortgagebroker News
DECEMBER 8, 2023
The central bank held rates steady for a third consecutive announcement
Mortgagebroker News
DECEMBER 8, 2023
Fixed rates have ticked downwards in recent weeks
Mortgagebroker News
DECEMBER 8, 2023
TD Economics report shines light on borrower behaviour in turbulent environment
Mortgagebroker News
DECEMBER 8, 2023
Meeting descended into loud crosstalk and shouting
Mortgagebroker News
DECEMBER 8, 2023
It will be taking a restructuring charge
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