Housing optimism up ‘substantially’ compared to a year ago
Consumer sentiment has continued to trend upward, reaching 73.1 in December — "substantially above year-ago levels," said Mark Palim, Fannie Mae SVP and chief economist.
Quotable moments from a year of notable change
Instead, United, which operates on a flat fee model, offers other benefits — such as health care and financial planning — which Duffy believes are more valuable to agents and their primary business of selling real estate, not being a recruiter.
HUD: Housing programs crucial as homelessness reaches new highs
In an interview on PBS NewsHour last week, Shaun Donovan, CEO and president of Enterprise Community Partners and a former HUD chief, said the improvement in the veteran population illustrates a "really a hopeful sign we do know how to solve homelessness" and could help serve as a blueprint as policymakers work to address the crisis more broadly.
MLS, association execs expect membership declines in 2025
A recent T3 Sixty survey of real estate association and MLS executives found that more than 70% are budgeting for a projected decrease in membership, citing a combination of external and internal factors.
The Ten: How mortgage rate head fakes foiled a real estate recovery
The bond market's response to economic and political conditions — in particular, concerns about deficit spending and inflation stemming from Trump administration proposals — is also having an effect, said Selma Hepp, chief economist at CoreLogic.
Why renters — and listings — aren’t budging
During that time, monthly mortgage payments have nearly tripled, said Redfin Senior Economist Sheharyar Bokhari — and while rents spiked during the pandemic, a recent apartment construction boom has kept rents "relatively flat over the past two years as home prices and mortgage rates continued to climb," Bokhari noted.
The most expensive streets in the UK
Amanda Bryden, Head of Mortgages, Lloyds said: “London’s dominance in the list of priciest streets underscores the city's continued appeal and the resulting competitiveness at the very top end of the property market.
How to help buyers understand appraisals and inspections
The consumer guides, published on NAR's "facts" page, cover a variety of subjects aimed at educating buyers and sellers, including settlement-related topics, questions to ask agents and transaction details.
The Ten: The portal wars, and how the gloves came off in 2024
While it's too early to know who will be victorious — or even declare a stalemate or truce — in the ongoing battle between CoStar and Move, the legal wrangling between the fierce home search rivals is poised to spill over into the new year.
The mortgage industry has an age problem
Ashley Yarabinec, Director of Member Relations at the Mortgage Bankers Association (MBA), noted that her generation knows how to use technology effectively, "but if the industry doesn't embrace that and bring in younger professionals, they'll fall behind.
Uncertainty in 2025 clouds housing market forecasts
"We're presenting an unusually wide sales range this year because while high housing costs may price out some would-be buyers, there's a fair amount of pent-up demand in the market," they said in their forecast.
Brokerage Beat: News from KW, LPT Realty, BHGRE and more
LPT Realty has named Jeff Whiteside as its new chief financial officer, a key move, the company said, as the cloud-based brokerage gears up for further expansion and its upcoming initial public offering.
NAR holds onto more than 1.5M members despite turbulent year
It's been a tough year for the National Association of Realtors, from its landmark settlement in the commissions suits to ongoing DOJ scrutiny and an industry-wide battle over Clear Cooperation — but NAR is ending 2024 on a strong note when it comes to its overall membership count.
Invest in Grainger: a landlord with growth potential
These forecasts are based on management’s growth projections, which have Epra earnings (a measure of operational performance and net income) rising 50%, even after accounting for higher interest rates on the firm’s debt.
Texas broker piles on to mandatory membership challenges
"These practices disproportionately affect minority professionals and have resulted in inequitable enforcement of rules and exclusion from fair competition in the real estate industry," the filing states.
Brokerage Beat: News from RE/MAX, Coldwell Banker, ERA, C21, more
Debuting this campaign in Times Square during the holiday season perfectly captures this sentiment and serves as an invitation for everyone to reflect on the pride, warmth, and connection that comes with owning a home."
Tech Bytes: Zillow launches new tool to help homebuyers
"This award is yet another sign that the industry is ready for a technology-first brokerage platform that boosts agent productivity through automation," said Tamir Poleg, chairman and CEO of Real.