Latest Updates Around The World
In addition to home sales remaining flat month over month, pending home sales fell 0.9% year over year in September. Despite these results, about 20% of NAR members surveyed expect to see an increase in buyer or seller traffic over the next three months, according to the Realtors’ Confidence Index. While some real estate agents […]
A mortgage is more than an interest rate and a closing date. It’s family planning for what happens after the keys are in hand. That’s why insurance is not optional and is part of a loan officer’s core toolkit, along with pricing, product suitability and closing costs. It’s necessary for the loan, and it also […]
‘We have to market ourselves’ Gillespie started his real estate career in 2017 and quickly discovered how his background as a musician and marketer fit into the real estate world. “In 2004, we used automation and AI for my band,” he says. “We programmed bots in MySpace that would automatically post my band’s music to […]
Since its initial launch at Real, The Pozek Group has explored various business models, including launching its own independent brokerage. But Real’s value proposition for agents, including revenue sharing, stock awards, collaboration tools and coaching opportunities, brought Pozek and his team back to Real. “We have a unique opportunity to build something meaningful with Real,” […]
Many of us have heard of, or will soon find out about, the now infamous Baltimore story. One borrower bought multiple houses on the same block, renovated one unit and copied its photos to make the others look renovated on paper. He changed appraisal terms statements, submitted identical photos to multiple lenders and navigated a […]
The refinancing experience is only as fast as the slowest step, and securing title has traditionally been one of the least understood steps in the process – and therefore seen as one of the most unpredictable. But the right technologies make it possible to make immediate title decisions for qualified files, reducing cycle times, operational […]
The report shows that in metro areas such as Atlanta, Denver and Houston, luxury homes priced between $1 million and $2 million often offer more than 4,000 square feet – roughly 50% larger than the national average of 2,994 square feet. Coastal markets, including Honolulu, San Jose and San Francisco, remain limited, with typical listings […]
Last month, members of Congress were treated to a hands-on look at manufactured housing – the sector of the housing industry that holds the greatest promise for meeting our nation’s affordable homeownership and rental housing challenges. The U.S. Department of Housing and Urban Development’s (HUD) “Innovative Housing Showcase” on the National Mall in early September […]
Benjamin Franklin famously said: Nothing in life is certain except death and taxes. When I read a recent article by Robert Bork Jr. saw claims that the affordability crisis is due to some kind of “Realtor® tax,” I paused. The only Realtor® tax I am aware of is the 15% self-employment tax that I am […]
We need to take these factors into account when looking at last week’s data. Pending home sales did recover last week, but not to the exact levels the data seems to show. The same goes for our new advertising data and inventory data. Let’s see. Weekly ongoing sales Last week’s existing home sales report showed […]
