Housing Wire

JANUARY 3, 2024

Second, the residential housing market is highly seasonal, highly cyclical and as we are all keenly aware, highly volatile. Second, the residential housing market is highly seasonal, highly cyclical and as we are all keenly aware, highly volatile. approach to value. Like selling a home, comps are heavily considered.

Valuation 378

Valuation Brokerage Housing Market Agents 378

Housing Wire

APRIL 23, 2024

The firm describes TomAI as a “version of ChatGPT trained on 20+ years proven-effective real estate strategy from hundreds of the industry’s leading coaches and thousands of market-dominating agents.” It’s truly like having a convo with a coach who knows exactly what I need to hear and how to guide me, whether it’s at 8 a.m.

Tools 307

Tools Real Estate Training Real Estate Agent 307

Housing Wire

APRIL 12, 2024

These sentiments echo what Simmons shared with RMD at the beginning of this year when asked about how business is progressing after the general tumult observed in 2023. It] depends on an individual’s capacity to borrow, the reasons for borrowing and what they’re going to use the money for,” McClary told AARP.

Mortgage 364

Mortgage Business Lending Marketing 364

Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. In return, they share a predetermined portion of their home’s future value. That explains how HEIs have evolved from a niche idea to a budding market.

Investors 373

Investors Investing Real Estate Finance 373

Housing Wire

JANUARY 24, 2024

What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? By definition, a lowball offer is an offer that is significantly below market value. Let’s talk about lowball offers.

Buyers 427

Buyers Sellers Agents Counter Offer 427

Housing Wire

MAY 2, 2024

Knowing what they need, what they want and what they fear is fundamental for success. The housing market has shifted. To understand your boomer customer is to know what they fear most. Baby boomers value relationships with those providers, that customize solutions to fit their needs and wants to retire.

Realtors 375

Realtors Training Real Estate Design 375

Housing Wire

JANUARY 16, 2024

Agents will begin moving more between brokerages in 2024 as the market begins to normalize. Agents will begin moving more between brokerages in 2024 as the market begins to normalize. The monthly AMI value finished at 70.4 for December with a seasonally adjusted value of 92.2. respectively. respectively.

Real Estate Agent 413

Real Estate Agent Real Estate Agents Brokerage 413

Housing Wire

APRIL 24, 2024

I think what we are definitely going to see is a fall-off of the old way of doing things,” Saunders told attendees at HousingWire ’s The Gathering. “I I think what we are definitely going to see is a fall-off of the old way of doing things,” Saunders told attendees at HousingWire ’s The Gathering.

Brokerage 385

Brokerage Legal Fees Real Estate Agents 385

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85. They crested near 7.6%

Marketing 355

Marketing Mortgage Investors Sellers 355

Housing Wire

APRIL 10, 2024

Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage and real estate. She is always strategizing for the future to stay one step ahead of current market trends.

Marketing 336

Marketing Loan Officers Real Estate Training 336

Housing Wire

NOVEMBER 7, 2023

And homes in many communities have shot up in value in recent years, leading to tax increases through reassessments. But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. “I

Property Taxes 541

Property Taxes Home Value Government Buyers 541

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I There is also some pent-up desire to sell being released by a steadier interest rate environment and an overall slower market.

Insurance 382

Insurance Inventory Marketing Real Estate 382

Housing Wire

APRIL 1, 2024

Today’s unique market requires flexibility and a pricing engine that empowers lenders and their loan officers to put the right loan products in front of borrowers. What’s the importance of having the right PPE in this environment? From an LO’s perspective, what really differentiates Polly’s technology?

Loan Officers 369

Loan Officers Technology Tools Marketing 369

Housing Wire

MARCH 8, 2024

Hometap, as an investor, provides cash in exchange for a share of their home’s future value. In return, Hometap receives an agreed-up percentage of the sale price or current appraised value. “We One is through the market that we’ve approached. Based on the notion that far too many U.S.

Investing 334

Investing Real Estate Agent Marketing Real Estate 334

Housing Wire

NOVEMBER 16, 2023

It’s not an easy market, but I also know this market is your greatest opportunity disguised as a challenge. In down markets, the best agents gain market share and there will be thousands of agents this year that have their best year ever,” Reffkin said. Good times, like 2021, create bad habits. This is nothing new.

Real Estate 423

Real Estate Agents Buyers Clients 423

Housing Wire

APRIL 25, 2024

Anywhere Real Estate felt the brunt of the challenging housing market again in the first quarter of 2024 as the company reported a loss of $101 million during the three-month period. This is the seasonally slow part of the year and we are in a very difficult housing market with a record-low level of unit sales.” It generated $1.1

Housing Market 350

Housing Market Realty Brokerage Technology 350

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? Are they relocating?

Clients 402

Clients Real Estate Inspection Buyers 402

Housing Wire

APRIL 29, 2024

Rising mortgage rates and a slower housing market than anticipated contributed to the weaker financial performance of the title segments of some of the nation’s largest title firms during the first quarter of 2024. Market conditions in the real estate and mortgage industries continued to be a challenge in the seasonally weak first quarter.

Insurance 363

Insurance Investors Housing Market Government 363

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

Marketing 391

Marketing Real Estate Agent Clients Tools 391

Housing Wire

MARCH 20, 2024

The settlement in no way establishes a standard or limitation on Realtors for what they may charge, nor services they elect to deliver. In every housing market , there is a wide variety of fees just as there are levels of marketing, service and competence. Values in real estate are determined by supply and demand.

Sellers 458

Sellers Real Estate Realtors Realty 458

Housing Wire

APRIL 11, 2024

Sarah Wheeler: What differentiates your tech? Scott Smith: I think a differentiator is our position in the market. I think we have the most comprehensive end-to-end capital market platform. I think we have the most comprehensive end-to-end capital market platform. SW: What’s your approach on building versus buying?

Investing 385

Investing Clients Business Technology 385

Housing Wire

APRIL 26, 2024

In Texas and Florida , however, key market signals show diverging trends. Major markets such as Tampa, Orlando and Dallas also posted supply growth of 20% to 30% during this period. Even as the median U.S. That’s according to a pair of reports released Thursday by Redfin. Redfin reported that among the 10 U.S.

Housing Market 364

Housing Market Marketing Insurance Sellers 364

Housing Wire

OCTOBER 20, 2023

Another known fact is that at least one firm, Redfin , which gets over 50 million unique visitors on its website each month and offers discounted listing and lower-cost buy-side commissions, is available in most of the metropolitan markets in the United States. Despite that, it has less than 1% market share of all transactions.

Real Estate Agent 426

Real Estate Agent Real Estate Brokerage Agents 426

Housing Wire

MARCH 26, 2024

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. It’s going to be a few more quarters before that happens.”

Investors 444

Investors Marketing Inventory Real Estate 444

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S. economy remains hot.

Loan Officers 395

Loan Officers Mortgage Buyers Inventory 395

Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period.

Finance 391

Finance Investing Real Estate Agent Real Estate 391

Housing Wire

SEPTEMBER 26, 2023

The graph shows that, on a trailing twelve month’s basis, mobility hit its 10-year high in June of 2021 at an index value of 109.4. The graph shows that, on a trailing twelve month’s basis, mobility hit its 10-year high in June of 2021 at an index value of 109.4. The most recent trailing twelve months value shows a new low of 89.3

Real Estate Agent 344

Real Estate Agent Real Estate Agents Brokerage 344

Housing Wire

APRIL 23, 2024

Anthony Lamacchia, Linda O’Koniewski, James Dwiggins at HousingWire’s The Gathering 2024. The other side wants to make it sounds like it is to make themselves feel good and catch news headlines.” “The other side wants to make it sounds like it is to make themselves feel good and catch news headlines.”

Brokerage 308

Brokerage Sellers Buyers Agents 308

Housing Wire

MARCH 20, 2024

At the root of many of these predictions is the notion that the settlement agreement will result in a higher level of agent attrition than analysts would anticipate solely based on the housing market slowdown experienced over the past two years. Fewer agents? If agent headcount declines materially, could that impact a model like that?

Brokerage 433

Brokerage Agents Realtors Real Estate 433

Housing Wire

OCTOBER 12, 2023

When we go through the brokerage valuation process, the product is Fair Market Value (FMV). FMV is based on what we consider neutral terms, where the risk is equally shared between the buyer and the seller. Neutral terms are, however, dynamic depending on what’s going on in the market.

Sellers 385

Sellers Buyers Brokerage Agents 385

Housing Wire

APRIL 22, 2024

Photo Credit: AJ Canaria) In the real estate industry, the use of generative artificial intelligence has grown beyond just the composition of marketing copy, leading some to question other potential applications. Josh Team, Howard Tager, and Jonathan Lickstein at HousingWire’s The Gathering 2024.

Real Estate 369

Real Estate Tools Brokerage Technology 369

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.

Real Estate Agent 441

Real Estate Agent Real Estate Agents Sellers 441

Housing Wire

SEPTEMBER 21, 2023

Recruiting and keeping the best talent is critical in today’s real estate market. And because of the inconsistency in agents’ monthly production, this movement is creating confusing information in your market data reports. What does this mean, and what do we do about it?

Agents 388

Agents Real Estate Real Estate Agent Business 388

Housing Wire

APRIL 5, 2024

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. Altos considers anything above a Market Action Index of 30 to be a seller’s market.

Housing Market 395

Housing Market Marketing Inventory Agents 395

Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Real Estate Agent 423

Real Estate Agent Real Estate Buyers Agents 423

Cleveland Appraisal Blog

JULY 20, 2022

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? It states that the buyer will still purchase the home at the contract price, even if the appraised value is lower than the contract price by a certain amount. But not always. Okay, maybe not.

Appraisal 397

Appraisal Market Value Contracts Buyers 397

Housing Wire

MAY 2, 2024

While revenue rose at eXp World Holdings during the first quarter of 2024, the firm was still unable to turn a profit due to the challenging housing market. In Q1 2024, the company reported a $15.6 million loss compared to a net gain of $1.5 million in Q1 2023. Agent count at eXp kept declining in Q1 2024.

Realty 338

Realty Brokerage Agents Real Estate 338