As we approach the end of 2024, many in the real estate sector are reflecting on a year that did not meet expectations regarding Federal Reserve (Fed) interest rate cuts and the anticipated impact on mortgage rates. A potential shift in monetary policy was highly anticipated by real estate professionals, homeowners, and buyers alike, but […]
The culmination of 2024 has brought about a multitude of surprises in the housing market, particularly regarding two major trends that are poised to influence the landscape as we advance into 2025: affordability and the participation of sellers in the market. As we delve deeper into these trends, understanding their implications will be essential for
The real estate market continues to show signs of resilience and growth as we close out 2024. According to the latest report from the National Association of Realtors (NAR), pending home sales saw a significant increase of 2.2% month over month and 6.9% year over year in November. This upward trend reflects a robust demand
The current U.S. mortgage landscape presents unique challenges, particularly for homeowners considering refinancing their existing loans. CoreLogic data indicates that approximately 80% of current mortgage holders are locked into rates below 5%. This statistic highlights the limited potential for refinancing activity in the coming months and sheds light on some key insights regarding the real
The evolution of the real estate sector is significantly influenced by strategic partnerships, particularly in the fast-growing proptech space. As we transition into 2025, the demand for leadership roles that concentrate on fostering these relationships is more vital than ever. The recent job opening for the Head of Partnerships at Lula Smarter Property Maintenance Inc.
In the aftermath of the Global Financial Crisis (GFC), which peaked in 2008, the structured products industry has undergone remarkable changes, presenting new opportunities for both established players and newcomers alike. The landscape has shifted from a market primarily controlled by large banks to a more diversified sector where various market participants can thrive. This
As 2024 draws to a close, real estate professionals and developers alike find themselves reflecting on the year’s most notable trends in the housing market. One of the most significant developments has been the increase in active housing inventory. This surge not only marks a critical shift in market dynamics but also holds immense implications
In the dynamic world of real estate, success is rarely achieved by an individual working alone. Instead, it is often the result of a cohesive team effort. Understanding how real estate teams function, the various roles they encompass, and the intricacies of commission splits and benefits is crucial for both aspiring professionals and experienced players
As a real estate professional, continuously expanding your knowledge and skills is essential for sustaining and growing your business in an evolving market. With the New Year upon us, now is the perfect time to invest in some valuable literature that can inspire and guide you through the next 12 months. This comprehensive list features
Choosing the right transaction management software is crucial for real estate professionals to streamline operations, enhance client communication, and facilitate efficient transactions. With the increasing complexity of real estate transactions, having a robust software tool that fits your business needs can significantly boost productivity and customer satisfaction. In this blog post, we’ll explore some of