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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 Stephen Fells, Marketing, Technology, Fun and News!
(AgencyLogic)
In today's Real Estate Podcast, from The Real World, Byron Lazine and Nicole White discuss the new national association for real estate agents co-founded by Jason Haber and Mauricio Umansky—the American Real Estate Association or A.R.E.A.—the challenge of creating a new national listing service, and one leader both Haber and Umansky should be talking to as they iron out the details for NAR’s first national competitor.AgencyLogic shares the best real estate podcasts daily. Click here for more great podcasts! 
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By Matt Helganz
(Meridian Capital Real Estate)
 Calling all California real estate enthusiasts! Are you ready to stay ahead of the game in 2024? With the ever-changing landscape of laws and regulations, it's crucial to stay informed about the latest updates shaping the real estate market here in the Golden State. From new laws to rule changes, here's what you need to know to navigate the California real estate scene this year.First up, let's talk about the Housing Crisis Act of 2024. This groundbreaking legislation aims to address the ongoing housing affordability crisis by streamlining the development process for new housing units. With provisions for expedited approvals and streamlined environmental reviews, the Housing Crisis Act aims to incentivize the construction of more affordable housing options across the state.In addition...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn't as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal.The graph below uses data from Realtor.com to tell the story of median days on the market for every January from 2017 all the way through the latest numbers available. For Realtor.com, days on the market means from the time a house is listed for sale until its closing date or the date it’s taken off the market. This metric can help give you an idea of just how quickly homes are selling compared to more normal years:  When you look at the most recent data (shown in green), it's clear homes are selling faster than they usually would (shown in blue)....
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you.But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation throughout your homebuying journey. As Realtor.com says: “Keep in mind that the on-site agent you meet at a new-construction office works for the builder. So, as the homebuyer, it’s a smart idea...
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By Chris Colgan, Real Estate Expert Advisor
Ashburn, Virginia is a popular place to live, but is it worth it? In this article, we will explore the pros and cons of living in Ashburn, Virginia. As a realtor specializing in the Ashburn area, I have firsthand knowledge of the benefits and drawbacks of this location. Whether you're considering a move to Ashburn or already live in the area, this article will provide valuable insights. If you have any questions or need real estate assistance, feel free to reach out to me. Let's dive in! AdvantagesOne of the biggest advantages of living in Ashburn is its prime location. Situated in Loudoun County, Ashburn is part of Northern Virginia and is conveniently located near Washington, D.C. This proximity to the nation's capital makes Ashburn an attractive place to live. With easy access to maj...
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By Leanne Smith, The Grit and Gratitude Agent
(Dirt Road Real Estate)
Yesterday I received an award from the AZ Association of REALTORS®. This award is given annually to those REALTORS® who achieve 36 hours of continuing education each year. Since the inception of this award, I have earned it every year.Yes, attending continuing education classes are an investment of time and dollars.Yes there is knowledge given.What some fail to realize the amount of worth within those classes.  The worth is not just knowledge, but also connecting with other agents throughout the state.From that worth, a real estate agent realizes the value of that worth respective to the fees they charge and/or receive.Let me share my most recent story which explains why time and knowledge equal worth equal fees. Here in Golden Valley, AZ there are considerable off grid vacant land prop...
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By BethAnn Long, Realtor, CRS, e-PRO, CLHMS Spokane Wa Real Estate
(RE/MAX of Spokane)
The Spokane, Washington real estate stats are out for this month! They refelct the changes year over year- Jan. 2024 VS Jan. 2023. The median home price is 384,000 , average days on market prior to getting an offer is at 19. Inventory (number of listings ) is UP which is great.For nearly 20 years, I have been a Realtor in Spokane, Washington and I have seen numerous market conditions. I feel that 2024 will pretty healthy, and have advantages for both buyers and sellers. If you have any questions about the Spokane real estate, I am always happy to chat! #bethanninspokane #spokanerealestatemarket #spokanehousingmarket #spokanehomes #topspokanerealtor #remaxhustle
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By Hugh Grant, I help investors and consumers with real estate
(RealMax Realty)
value depend on?The size of the potential investment is the first question any aspiring investor faces. It is necessary to understand whether the existing budget will be enough, what kind of profit can be expected potentially and whether it is worth it. Several important factors influence how much real estate in Georgia for sale costs. By knowing them, you can plan your real estate selection and choose the best options for the price.Location: cities, neighborhoodsThis is a key and obvious factor that is the main factor in the formation of the price. A beautiful property with excellent renovation somewhere on the outskirts of Tbilisi will cost less than a property that needs renovation but in the center of the city.What increases the cost: proximity to business centers; location near a t...
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By Stephen Fells, Marketing, Technology, Fun and News!
(AgencyLogic)
In the following brief video, from the National Association of REALTORS YouTube channel, interim CEO Nykia Wright shares NAR's position on commissions and recent news about the industry. More information can be found here:nar.realtor/competition-in-real-estate 
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By Frank Worrell, Turning BPOs Into Six-Figure Incomes
(BPOS FOR LIFE LLC)
In the dynamic landscape of the real estate industry, professionals are witnessing a significant shake-up due to legal challenges facing the National Association of Realtors (NAR) and major brokerages over commission structures. Recent lawsuits allege that the current system may unfairly inflate commissions, with one case resulting in a $1.8 billion verdict and another seeking over $200 billion in damages. Amidst this turmoil, NAR defends the existing practices, highlighting their benefits for both buyers and sellers.This evolving scenario presents a prime opportunity for real estate professionals to explore alternative avenues, such as Broker Price Opinions (BPOs). BPOs stand out as a strategic pivot, offering a stable, demand-driven service unaffected by the ongoing disputes over comm...
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On February 1, 2023, the U.S. Census Bureau reported nationwide construction spending grew 0.9% to $2,096.0 billion in December of 2023 from $2,078.3 billion November of 2023, and rose 13.9% from $1,840.9 billion in December of 2022.Nationwide private construction up 0.7% to $1,619.7 billion in December of 2023 from $1,608.0 billion in November of 2023.Residential construction increased 1.4% of $911.7 billion in December of 2023 from $898.8 billion November of 2023.Non residential construction down 0.2% to $708.0 billion in December of 2023 from $709.2 billion in November of 2023.The public construction gained 1.3% to $476.3 billion in December of 2023 from $470.3 billion in November of 2023.The educational construction lower 0.1% to $100.3 billion in December of 2023 from $100.4 billio...
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By Nick Marr, Promoting real estate internationally
(HOMESGOFAST)
As you venture into the world of waterfront homes in St. Petersburg, you'll discover where luxury meets the waves and the sunsets are a daily spectacle. If you're considering selling your waterfront property in this vibrant city, you're in for an exciting journey. St. Petersburg boasts a bustling market with unique charm, presenting both opportunities and challenges for sellers. In this article, we'll explore the best strategies to make your waterfront property stand out and ensure a successful sale. Emphasize Water Views and Modern Coastal AmbianceFirstly, let's talk about the aesthetics. As recommended by The Salamone Group, emphasizing water views should be your top priority. Arrange your decor and furniture to frame the stunning waterfront scenery like a live painting. Additionally,...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
 Some Highlights Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry. If you look at the latest numbers, they’re still below pre-pandemic norms and way below what happened during the crash. If you're worried about a flood of foreclosures, the data shows a foreclosure crisis is not where the market is today and is not where it’s headed.
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By Connor Kobilarcsik, Think of me when you think of Real Estate
(Russell Real Estate Services)
While many real estate markets in the United States are cooling down, the Cleveland real estate is getting hotter. The reality is, a lot of people choose to move to this neighborhood from different parts of the country. Home prices are lower and the cost of life is cheaper in Cleveland compared to the other parts of the United States.   Why the Cleveland Real Estate Market is Getting HotterOnce people start living in Cleveland, they find it a great place to live in. As a result, they make a decision to buy a house in the area and that’s the reason why the demand for homes in Cleveland is constantly growing.  What people like most about living in Cleveland is affordability. It’s worth noting that the costs of living in the region is much lower compared to the costs of living in such citi...
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By Hugh Grant, I help investors and consumers with real estate
(RealMax Realty)
As 2024 unfolds, Dubai's real estate market is witnessing an unprecedented evolution, especially in the luxury segment. The previous year saw historic breakthroughs in sales and prices, with record-shattering transactions in ultra-luxury residences. These achievements have not only solidified Dubai's position as a hub of unparalleled opulence but also paved the way for an even more promising year. This article explores the burgeoning world of Dubai's luxury real estate market in 2024, offering insights into the most anticipated developments, architectural marvels, and the investment potential of these properties. With property in Dubai prices in 2024 expected to continue their upward trend, we delve into what makes these investments so lucrative and the lifestyle they promise. Join us a...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.The Mortgage Rate Lock-In EffectOver the past year, one factor that’s really limited the options for your move is how few homes were on the market. That’s because many homeowners chose to delay their plans to sell once mortgage rates went up.These homeowners decided to stay put and keep their current lower mortgage rate, rather than move and take on a higher one on their next home.Early Signs Show Those Homeowners Are Ready To Move AgainAccording to the latest data from Realtor.com, there were more homeowners putting their houses up for sale, known in the i...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to see if a home like this may be right for you too.Why Buyers Are Opting for Multi-Generational LivingAccording to the National Association of Realtors (NAR), two of the top reasons buyers are opting for multi-generational homes today have to do with affordability (see graph below): First-time buyers are focused most on cost savings – with 28% saying this was a key reason for them. By pooling their resources with others, they can share financial responsibilities like mortgage payments, utilities, and more to make homeownersh...
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On January 17, 2024, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes gained seven points to 44 points in January of 2024 from 31 points in December of 2023.The HMI component charting present sales conditions rose seven points at 48 points, the HMI buyer traffic higher five points to 29 points, and the HMI sales expectations index increased twelve points at 57 points in January of 2024.The three-month moving averages for regional HMI scores, Northeast grew four point at 55 points, the West up one point at 32 points, South up two points to 41 points, Midwest unchanged zero point at 34 points in January of 2024.NAHB Chief Economist Robert Dietz, stated “As home building expands in 2024, the market will see growing supply-side...
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By Connor Kobilarcsik, Think of me when you think of Real Estate
(Russell Real Estate Services)
The real estate market in Cleveland is very competitive these days and it takes the 2-nd place in the list of the top housing markets in the United States. Now, we are going to compare the house prices in Cleveland for the last two years and analyze the local real estate market in terms of affordability carefully.   Home Prices in Cleveland On the one hand, a lot of people are looking to buy a home in the area. On the other hand, a lot of houses are available for sale in the local housing market. It’s worth noting that the prices around Cleveland neighborhood have decreased by 4 – 5 % compared to the last year.  Nowadays, 348 homes are sold in the neighborhood per month. This number has decreased because 360 homes were sold per months the last year. It’s worth noting that different type...
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On January 30, 2024, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price higher 0.3% in November of 2023 from October of 2023, and up 6.6% from November of 2022 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.Nationwide, among nine census Mountain Division was highest with an increase of 0.7%, and New England Division was lowest with a loss of 0.2% in November of 2023 from October 0f 2023; while New England Division was the highest with jump of 9.8%, and West South Central Division was the lowest with an gain of 3.1% in November of 2023, from November of 2022.For complete more detailed information about the FHFA’s home price index for November of 2023, please click HERE
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