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Real Estate Industry

“All the news that's fit to print,” or to click, as the case may be, can be found right here at your favorite real estate social networking site, ActiveRain. And here you thought it was merely a great place to chat with colleagues and slap up a blog post or two.


We know you're busy – whether it's trying to fill your pipeline or following up on what's already popped out of the bottom of it. Who has time to read? And, while real estate market news geared toward consumers is easy to round up on the Internet, news for brokers and Realtors is a bit harder to come by.


Your friends at ActiveRain understand how important each of those 168 hours in every week is so we've made it easy for you by consolidating everything you need to know to keep up-to-date with the real estate industry right here, in one place.


How are housing starts looking? Has the FHFA launched any new efforts? How's that Fannie and Freddie loan limit rollercoaster doing?


You've got the questions and your colleagues here at AR have the answers. It's at your fingertips – finally.

Recent blogs on Real Estate Industry
By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
While the real estate industry has never favored the weak, meek, and mild,  the new changes to our industry will ratchet that up or notch, maybe two.   Hesitation while explaining the new laws, rules and forms will only result in more clients seeking stronger agents,  and agents who are average or poor at communication are sure to suffer at the hands of those who are responsive,  accessible and resilient.Mark it down.I have a very good grasp on all of the changes and I am happy to explain them.  Please find me at (609) 864-8164.Let's meet for coffee! https://michaelelliott.fathomrealty.com/  
Comments 15
By Dick Betts, REALTOR® The Villages, Florida
(TOUCHSTONE REAL ESTATE)
I am very excited to welcome our 7th member to The Betts Team, Kevin Sexton.  We have big plans for Kevin and once you read his bio you will understand why.  The Betts Team will now be in the position to offer Buyer Representation on new construction in The Villages, Florida, considering moving to The Villages and can’t decide between preowned or new?  Look no further The Betts Team is your one stop place for homes in The Villages, Florida.  About Kevin:With 35 years in New Construction, and Real Estate, I am Kevin, your FL & SC Real Estate Broker living in The Villages, FL.  A seasoned professional, I excel in closing deals and delivering top-notch client service. My expertise spans all facets of Real Estate, ensuring a comprehensive approach to meeting your needs. I am dedicated to he...
Comments 5
By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
While this topic has been beaten to near death, I am beyond words, beyond perplexed as to why a real estate agent would not return calls and communicate properly in a transaction.Here are some possible reasons:1.  They don't care, or have given up.2.  They are rude, or ignorant, or both.3.  They retired and forgot to tell anyone.4.  They threw their phone in the river and never replaced it. 5.  They have a major major medical condition.6.  They have zero respect for others. Keep in mind, I am not talking about calling back the next day.  I am talking about them NEVER calling you back,  not even after your transaction dies, somewhat because of them. This continues to happen with a transaction which my team is involved with.   I am not happy.  But we move on.  PS--  In this scenario which...
Comments 17
By Bill Salvatore - East Valley, Realtor - 602-999-0952 / em: golfArizona@cox.net
(Arizona Elite Properties )
Been waiting a long time for this. Bill  Mortgage rates have dropped significantly, making now the perfect time to buy!  They might drop slightly later this year but the fact to consider is that prices will continue to rise and the net will be more out of pocket costs overall.   🏡 This is your chance to secure a lower payment and get into your dream home before the rates increase. Don’t wait—reach out today, and let’s make it happen! 📞 #thehelpfulagent #home #houseexpert #house #listreports #househunting #dontwait #a081424 #realestate #realestateagent #realtor #investment #dreamhome  Peter A. Mohylsky       Your Bucket List Broker    Broker, Business Manager      PMI - Destin  Free Home Value Estimate   Office: 36150 Emerald Coast Parkway, Suite 103 Destin, Florida   Cell: 850.517.7098 ...
Comments 2
By Peter Mohylsky, Beach Broker, Call me at 850-517-7098
(PMI. Destin)
Mortgage rates have dropped significantly, making now the perfect time to buy!  They might drop slightly later this year but the fact to consider is that prices will continue to rise and the net will be more out of pocket costs overall.  🏡This is your chance to secure a lower payment and get into your dream home before the rates increase.Don’t wait—reach out today, and let’s make it happen!📞 #thehelpfulagent #home #houseexpert #house #listreports #househunting #dontwait #a081424 #realestate #realestateagent #realtor #investment #dreamhome
Comments 4
By Steve Depoe, Taking the stress out of Buying and Selling
(The Rose Realty Team)
In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer.Historically, the transfer of wealth from one generation to the next was a more gradual process, often limited to smaller amounts of inheritance or family savings. But today, the scale has increased in a big way. As a recent article from Bankrate says: “The biggest wave of wealth in history is about to pass from Baby Boomers over the next 20 years, and it’s going to have major impacts on many facets of life. Called The Great Wealth Transfer, $84 trillion is poised to move from older Americans to Gen X and millennials. If it’s managed smartly, Americans will be able to grow their wealth and ensure their financial security.” Basically, as more Baby Boomer...
Comments 2
By Lori Mode, Real Estate Made Simple
(The Mode Real Estate Group)
Found Your Dream Home? Here’s What to Do Next ↴01 – Get Pre-ApprovedEnsure your finances are in order and show sellers you’re serious.02 – Hire a Real Estate Agent (aka me 😉)Get expert guidance through the entire process.03 – Make an OfferCraft a competitive offer with your agent’s help.04 – Complete a Home InspectionUncover any hidden issues before committing.05 – Negotiate Any RepairsAfter repairs are agreed upon, you’ll sign a removal of contingencies (ROC) form.06 – Finalize FinancingComplete your mortgage application and any necessary paperwork07 – Final WalkthroughEnsure the home is in the agreed-upon condition before closing.08 – Close the Deal 🎉Sign the paperwork, pay closing costs, and get your keys! 🔑Are you ready to make your dream home a reality?💬 Comment “READY” and I’ll me...
Comments 1
By Lori Mode, Real Estate Made Simple
(The Mode Real Estate Group)
CREATE DEMAND ⬇️If you want to quickly sell your home for the highest amount…You need to create demand.While it may sound counter intuitive, pricing your home slightly below what you believe is market value will help to create the demand.When buyers perceive a potential “deal”, THATS when they act fast and aggressively.THATS when they are willing to escalate and offer more. They are willing to overlook imperfections or factors that they don’t love.What happens when you price your home too high?Dead in the water. You miss that initial momentum. You make a terrible first impression. Your home sits on the market, making buyers inevitably wonder what might be wrong with it.Determining the right price requires the expertise of an experienced real estate agent with vast (local) market knowled...
Comments 7
By John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852
(Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)
IPCs and Realtor Compensation "Typical fees and/or closing costs paid by a seller in accordance with local custom, known as common & customary fees or costs, are not subject to the IPC limits..." That little slice of verbiage, part of the Fannie Mae selling guide, offers some clarity on a point of confusion that's all to prevalent in the industry for both real estate agents and lenders considering changes to MLS-seller-advertised-Realtor-compensation changes are now here. Realtor compensation, whether buyer or seller paid, has historically been seller paid - it is customarily paid by the seller, and in my opinion going forward based on market metrics, will continue to be paid by the seller.  While it's TBD on how things will change on a micro level, on a macro level, sellers will contin...
Comments 6
By Steve Depoe, Taking the stress out of Buying and Selling
(The Rose Realty Team)
Is Affordability Starting To Improve?Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it's getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:“Housing affordability is improving ever so modestly, but it is moving in the right direction.”Here’s a look at the latest data on the three biggest factors affecting home affordability: mortgage rates, home prices, and wages. 1. Mortgage RatesMortgage rates have been volatile this year, bouncing around from the mid-6% to low 7% range. But there's some good news. Data from Freddie Mac shows rates have been trending down overall since May (see graph...
Comments 3
By Chris Colgan, Real Estate Expert Advisor
Winchester, Virginia, is not just a city with a rich history; it's also one of the fastest-growing areas in the DMV (D.C., Maryland, Virginia) region. As a real estate enthusiast, I constantly scout for emerging markets, and Winchester has caught my attention for several compelling reasons. In this article, we'll explore the housing market, local amenities, and the unique charm of Winchester that make it a prime candidate for growth.The Appeal of Winchester's Real Estate One of the primary reasons Winchester is poised for growth is its affordability compared to other parts of Northern Virginia and the broader DMV area. For instance, while average sales prices in areas like Fairfax can soar to around $800,000 to $1 million, Winchester offers a more accessible average sales price of about...
Comments 2
By Peter Mohylsky, Beach Broker, Call me at 850-517-7098
(PMI. Destin)
This is just an idea if you are planning on staying in your house for a longer time.  It is actually a forced savings plan for your future.  It might not seem like a lot but everything adds up over time and you really won't miss the difference. Want a simple way to build home equity faster? Try rounding up your monthly mortgage payment!Even a small extra amount can make a big difference over time.Reach out to learn more tips on maximizing your investment!#thehelpfulagent #home #houseexpert #house #listreports #homeowner #finances #investment #realestate #a081124 #realestateagent #realtor #hometips #smartmoney
Comments 3
By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
IT is always nice to have very happy clients!------------------------------------------------------------------------------------------------------This is my second real estate deal with Mike. Each time has been a real pleasure. Mike makes you feel at ease with his knowledge and his demeanor.For this real estate deal I was selling my house. I knew I was going to use Mike because when I bought the house, the transaction was so simple mainly because of him. Mike also referred a great team of people to help the transaction go very smoothly.This transaction was no different. Mike came over. Took a look at the house. We decided on a price and listed the house. Within the first few days, we received an offer which I accepted. Unfortunately, the people who made the offer backed out that follow...
Comments 11
By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Investing in Apple Valley Lake isn't just about buying property; it's about investing in a vibrant community and a fulfilling lifestyle. From scenic beauty and abundant recreational opportunities, Apple Valley Lake, Ohio, beckons homebuyers seeking a retreat from the ordinary and where the real estate market is as vibrant as the shimmering waters that grace its shores. With high demand, reasonable prices, and unique amenities, this area offers endless opportunities for homeownership and rental properties.Is Apple Valley, OH Right for You?Imagine stepping onto your private dock, the gentle waves serenading you as you enjoy your morning coffee. With numerous lakefront homes for sale in Apple Valley Lake, OH, this dream can become your reality. Experience waterfront living at its finest, w...
Comments 2
By Kathy Schowe, La Quinta, California 760-333-8886
(California Lifestyle Realty)
NEW RULES FOR BUYING AND SELLING REAL ESTATE AFTER NAR SETTLEMENT NAR SETTLEMENTIn March 2024, the National Association of Realtors (NAR) agreed to settlement terms that will significantly modify home buying and selling practices for many consumers nationwide, including in the Greater Palm Springs Area. This post summarizes the two key changes as a result of the settlement that will go into effect starting August 17, 2024.How Realtors Traditionally Get Paid: Most Realtors work on a commission basis, with the commission being a percentage of the final sale price. In California real estate commissions have always been negotiable. The listing agent negotiates a total commission to be paid at the close of escrow. Of that total commission, the listing agent agrees to share either a percentag...
Comments 8
By Bill Salvatore - East Valley, Realtor - 602-999-0952 / em: golfArizona@cox.net
(Arizona Elite Properties )
Totally agree. Bill  I have a very nice client  whose house (seller) I closed on yesterday.  He is planning on buying in a market North of what I service, so I have been trying to find him a capable and quality agent who can help him.  He is currently in a temporary rental, which I (luckily) was able to locate for him.  A couple of days ago, a candidate appeared, courtesy of another fellow agent I know and have successfully referred business to. I called the "new" possible agent for my client, and seemed to be put through the paces, question wise, as if he were not interested. So say no.  No is fine.  Unprofessional is not fine, especially for my very nice client. I will be happy to find someone else more appreciative ! NEXT! https://michaelelliott.fathomrealty.com/   Michael Elliott NO...
Comments 7
By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
I have a very nice client  whose house (seller) I closed on yesterday.  He is planning on buying in a market North of what I service, so I have been trying to find him a capable and quality agent who can help him.  He is currently in a temporary rental, which I (luckily) was able to locate for him. A couple of days ago, a candidate appeared, courtesy of another fellow agent I know and have successfully referred business to.I called the "new" possible agent for my client, and seemed to be put through the paces, question wise, as if he were not interested.So say no.  No is fine.  Unprofessional is not fine, especially for my very nice client.I will be happy to find someone else more appreciative !NEXT!https://michaelelliott.fathomrealty.com/ 
Comments 16
By The Chris Fritch Team ~ eXp Realty, chrisfritchteam.com 763-746-3997
(Chris Fritch Team eXp Realty)
Join us at one of our open houses this weekend at this stunning custom built home in Cambridge on 20 acres!OPEN HOUSE Saturday Aug 10th 12pm-2pmOPEN HOUSE Sunday Aug 11th 3pm-5pmProperty Details:📍 Address: 35902 Verdin St NW, Cambridge, MN 55008🏞️ County: Isanti County🛌 Bedrooms: 3🛁 Bathrooms: 3📐 Square Feet: 2902🌳 Acres: 20🚘 Garage: Space for 3+ cars🧱 Basement: Unfinished - Create Your Dream Space🔥 Fireplaces: 1 surrounded in stone🏠 Stories: 2Can't make it to our open houses this weekend? Don't worry, you can schedule a private tour by giving us a call 763-746-3997
Comments 3
By Jared Hill, ERA Brokers have locations all over the west.
(ERA Brokers)
 In short, the answer is, "No." However, having a good roof is one of a few important selling points on a home. Read on to find out more.First ImpressionsWhen you approach a home, you can't help but notice the roof. Sure, you notice the windows, the landscaping, and the driveway, but the roof is right there too. If the shingles are peeling or missing, or the soffits and fascia are drooping, then your first impression isn't going to be good even if there is no actual structural damage. Curb appeal is a big factor when you're going to sell you home, and the roof is an important part of that.Perceived Value vs. Actual ValueTake two cars. The first is mechanically sound, has four new tires, and only a few thousand miles. It was also in a dust storm, and the pain is faded and chipped. The se...
Comments 3
By Christopher Nelson, Montgomery County, PA - Realtor
(GenStone Realty)
Mastering Real Estate Investment Strategies for Beginners Key Highlights Discover beginner-friendly real estate investment strategies and how to get started. Learn about various strategies including buy and hold, fix and flip, house hacking, and more. Understand the basics of real estate investment and why it is a popular choice. Explore essential resources, tools, and step-by-step guidance for making your first investment. Gain insights into legal and tax considerations, risk management, and insurance options.  Investing in real estate can be a fun way to build wealth and earn passive income. If you learn about the different strategies for real estate investing, especially if you are just starting out, you can find great chances to make your money work better for you. This guide will g...
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