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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
On February 22, 2024, National Association of Home Builders (NAHB) reported Multifamily Production Index (MPI) down to 41 points in the 4th quarter of 2023, from the 3rd quarter of 2023; while, Multifamily Occupancy Index declined to 77 points in the 4th quarter of 2023 from the 3rd quarter of 2023.The market rate rental properties were at 26 points; component measuring low rent units were at 51 points; for sale units was at 43 points; and the subsidized units had 41 points in the 4th quarter of 2023.NAHB Chief Economist Robert Dietz, stated “NAHB projects that multifamily production will be down in 2024, as the number of apartments currently under construction is near its highest level since 1973.”For more complete detailed information about National Association of Home Builders’ Multi...
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By Eric Lawrence Frazier MBA, Founder and CEO of The Power Is Now Media, Inc.
(The Power Is Now Media, Inc. )
 🏡 Welcome to the Twin Cities Real Estate Show! 🌟Hello there, real estate enthusiasts! 🏡 Join Francine Marsolek, Broker/Owner, REALTOR® NextHome Metro Real Estate Services, as she showcases an extraordinary listing you won't want to miss!Watch All listing shorts on YouTube:Part 1: https://youtu.be/heGWJ8A_H7U?si=sxRzzPGJdGeDt6uKPart 2: https://youtu.be/EwSiAurFC1U?si=APrpXaaj6IhfI0J1Part 3: https://youtu.be/KLVW__dxLMw?si=aqKAIwYIyv2eXtQsPart 4: https://youtu.be/O6nS2iFeO1k?si=XlKYgl7kxKzJIkyqPart 5: https://youtu.be/vl2u9I_inBU?si=RT_2lpuI6pyD1j8rPart 6: https://youtu.be/A41fCqd5o0U?si=x249dN1H76BnEfnzPart 7: https://youtu.be/q1EONXt0Rj0?si=vhpxGzjAl4gQHBMYReady to make this your dream home? Call me today at 612-868-9344 | francine@nhmres.com to schedule a showing at 1030 Pathway Lane....
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By Hugh Grant, I help investors and consumers with real estate
(RealMax Realty)
The single most important part of enjoying a beer is the beer being good. The second, and most neglected part of enjoying a beer is having it in the right setting. Louisville is a city which is known for its quality food, events, and beer, but it’s also a city with a great environment. The authentic and diverse feel of the breweries here make them some of the best to visit. Listed here are just a few.First, for anyone looking for a brewery that offers more than just beer, Falls City Brewing Co. reigns supreme. It is the oldest brewery from Louisville that is still in operation, but still manages to be one of the most relevant. There are trivia nights, discos, karaoke, parties, chess nights, and countless other events constantly happening. The best part of it all, the craft beers and foo...
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By Michael Elliott, Burlington, New Jersey real estate sales
(Fathom Realty)
From my experience, a cloud based broker does not have any local, big, or numerous "bricks and mortar" locations in the market place.  They have a little more than a phone booth (office size)  to meet their state requirements.  I have never been to my office, and I never will.Cloud based brokers do not have:1. Salaried managers2. Expensive office overhead3. Salaried regional managers4. Salaried support staffIn my experience, these savings go to the agent in the form of "generous splits" so they now have more operating capital to buy what they need.At this stage of my career, I ABSOLUTELY LOVE working from home.  However, at 21 years old, this likely would have not worked for me.  It's not for everybody, but it makes so much sense if you want to focus and truly run it like a business.And...
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By Michael Elliott, Burlington, New Jersey real estate sales
(Fathom Realty)
 I have managed hundreds, perhaps thousand of real estate agents in (too) many real estate offices.   This is why they fail:1. Not nearly enough lead generation.  (This is BY FAR #1)2. Not enough proper mentoring and training.3. Not enough discipline.  Discipline separates the successful from the average. 4. They do not run it like it is a business.5. Not able to adapt to change.After nearly 40 years of selling real estate, I love that I am still learning and growing and adapting.   
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By Joyce Marsh, Joyce Marsh Homes
(Joyce Marsh Real Estate LLC)
What Real Estate jobs will robots be doing in the future? In the field of real estate, several tasks are susceptible to automation due to advancements in technology.  Here are some common and logical jobs that could be possibly be replaced by robots in the next five years: Administrative Tasks Jobs involving administrative tasks such as data entry, document management, and scheduling appointments could be automated using AI-powered software.  Virtual assistants and chatbots can handle inquiries, schedule appointments, and manage paperwork, reducing the need for administrative staff. Property Inspections Robots equipped with cameras and sensors can conduct property inspections more efficiently and accurately than humans.  Drones are already being used to inspect roofs and other areas bot...
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By Buzz Mackintosh, “Experience, reliable, leadership”
(Mackintosh REALTORS)
The spring market promises to be a strong one, with the dip in interest rates and overall economic strength, the climate is the brightest it has been in the past few years for those considering buying, selling, investing, or downsizing.  While the number of transactions is below seasonal levels, the low number of new resale listings coming on the market is creating a shortage of available properties in many price ranges in our market area. Pending and sold numbers are down and with the low supply of inventory and the buyer demand in the more affordable and mid-price ranges, home prices are heading higher making this an ideal time to sell. If you have been considering listing your property. I have guided valued clients through complex markets for over 38 years, delivering trusted experti...
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By Stephen Fells, Marketing, Technology, Fun and News!
(AgencyLogic)
Everyday AgencyLogic publishes real estate news and press releases from around the country.Here are this weeks press releases:Racial Minority Groups Increased Their Homeownership Rates While Still Facing Significant Homebuying ChallengesGap Between Black and White Renting Families Who Could Afford a Mortgage Narrowed Significantly During The PandemicExisting-Home Sales Rose 3.1% in JanuaryRealtor.com® January Rental Report: Mild Relief for Renters Continues As Rental Prices Decline to Start New YearUS Commercial Foreclosures Increase In January 2024Pennsylvania Monthly Home Listings Down Nearly 20% Compared to January 2023Americans Hold on to the Dream of HomeownershipFlorida's Housing Market: Median Prices, New Listings Increase in JanuaryMore Homes Hit the Market as Spring Approaches,...
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By Eric Lawrence Frazier MBA, Founder and CEO of The Power Is Now Media, Inc.
(The Power Is Now Media, Inc. )
Part V:  The Impact of the NAR Lawsuit: A Call for Realignment and PreparationThe recent NAR lawsuit has sparked heated debates and internal conflicts within real estate offices nationwide, with agents questioning each other’s roles and the value they bring to the transaction. Listing agents argue their superiority over buyer’s agents, while buyer’s agents assert their indispensability in representing the money. While humorous on the surface, these arguments underscore deeper issues within the industry that demand our attention and reflection. 🏠💼The Evolution of Technology and Its Implications:Technology is advancing unprecedentedly, reshaping industries and redefining traditional roles. Just as tellers have been replaced by ATMs, horses by automobiles, and phone booths by mobile device...
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By Eric Lawrence Frazier MBA, Founder and CEO of The Power Is Now Media, Inc.
(The Power Is Now Media, Inc. )
Embracing Change: How Millennials Are Pioneering the Next Phase of Market EvolutionAs we look deeper into the transformative landscape of the real estate industry, it becomes increasingly evident that traditional models and practices are no longer sufficient to meet the evolving needs of today’s consumers 🌍. In Part III of our series, we explored the challenges and opportunities facing real estate professionals, shedding light on the pressing need for innovation and adaptation 💡. As we embark on the next phase of our journey, we focus on a pivotal demographic driving change in the market: millennials 🚀.Millennials, the trailblazers of the digital age, are reshaping industries and redefining norms with their unprecedented access to information, substantial incomes, and robust educational...
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By Eric Lawrence Frazier MBA, Founder and CEO of The Power Is Now Media, Inc.
(The Power Is Now Media, Inc. )
Rethinking Real Estate: Simplifying Contracts for Clarity and ProtectionIn a recent thought-provoking discussion on LinkedIn, I was asked to weigh in on a pressing issue in the business world: “How do you create a sales contract that protects your business and keeps customers happy?” My thoughts about the question revolved around the compensation and role of real estate agents, a topic that has sparked considerable debate in light of the National Association of Realtors’ recent litigation.  I go into greater detail about the role of agents and compensation in my NAR series on LinkedIn.Simplification and Advisory: A Dual ApproachMy position is clear: the future of real estate lies in simplifying contracts and emphasizing the advisory role of agents. This streamlined approach not only pro...
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By Michael Elliott, Burlington, New Jersey real estate sales
(Fathom Realty)
Simply put, my idea is right there in the title.  All new homes should (minimally) come with the option to eliminate the mostly never-used Dining Room and spill all that dramatically unused space into the eat-in kitchen.  Now your kitchen is dramatically larger AND more functional.  Just think-- a center island, a huge pantry, more counter space and likely more cabinets!   Just eliminate it to make the home more functional for 95% of all people.  While we are at it, eliminate the seldom used living room and make it into a functional office with bookshelves and perhaps a small closet.   Or at least make it an option.  After 30 years in my house and having joined a cloud based broker (Fathom Realty), I just closed off the wall between my never used dining room and living room and added be...
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By Karina Gafford, Military PCS/ VA Home Buying & Selling Specialist
(Homefront United Realty Group)
Calling all real estate agents! We're thrilled to present a standout property that's sure to impress both you and your clients. Situated in the highly desirable Eckhert Crossing community, just moments away from the bustling Medical District in San Antonio, this home is a rare find indeed. Boasting a classic red brick façade, this residence exudes timeless appeal. With 4 bedrooms, 2.5 bathrooms, and a generous 2,660 square feet of living space, it offers ample room for families to grow and thrive. As you step inside, you'll be greeted by a versatile living room/flex area, perfect for accommodating a variety of lifestyles. Adjacent, a cozy den beckons, complete with a welcoming fireplace – the ideal spot to unwind after a long day. The heart of the home lies in the well-appointed kitchen...
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By Christopher Nelson, Montgomery County, PA - Realtor
(GenStone Realty)
Are you ready to take the plunge into homeownership? Before you sign on the dotted line and commit to that dream home, it's essential to understand that your "all-in" budget might not be as "all-in" as you think. While you've probably considered factors like closing costs and mortgage payments, there are several sneaky expenses lurking beneath the surface that could catch you off guard. So, let's break down these hidden fees and ensure you're fully prepared for the journey of homeownership.Hi there! I'm Chris Nelson, the team lead of the Nelson Home Group, dedicated to helping buyers and sellers achieve their real estate goals in the Greater Philadelphia area. Whether you're a seasoned homeowner or a first-time buyer, I'm here to guide you through the intricacies of homeownership.Broker...
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By Lori Mode, Real Estate Made Simple
(The Mode Real Estate Group)
How Do You Know How Much Equity You Have?   EQUITY = LEVERAGELeverage for what?Your next home or real estate investment.How do you know how much equity you have in your home?It’s simple:Current value of your homeMINUSCurrent loan balanceEQUALSHome equityAnd how do you know what your home is currently worth?Hint: online estimators that start with Zillow won’t give you a full picture.The best way to determine the current value of your home is to compare recent sales, current market trends and weigh the specifics of your home.Only a local real estate expert can advise you on the current value of your home and an effective pricing strategy that will get you the most for your home if you sell.If you’d like to better understand what your home may sell for — and what homes your current equity...
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By Sam Thomas, When it's important; hire a professional.
(Providence Group Realty)
When you've lived somewhere for many years, it can be tough to say goodbye. But if you (or a loved one) currently have a home that is bigger than necessary or is too high maintenance, it may be time to trade unused square footage for a smaller, more manageable space.Take it from the downsizers who’ve been there: Although living small might require some adjustments, it can also be liberating––especially if you're in a stage of life where past responsibilities have given way to new possibilities and adventures. In fact, many downsizers report feeling invigorated by the change, according to real estate journalist and author Sheri Koones. “It scares people to think of moving into a smaller space,” said Koones to the Associated Press. “But every single person I interviewed who has made the t...
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By Richard Weeks, REALTOR®, Broker
Here is the north Texas real estate market update for  March 1 2024.New properties for sale 846Back On Market 115Price Decrease 555Price increase 49Active kick out 11Active option contract 247Active contingent 58Pending listings 375Sold listings 629Expired listings 533Cancelled listings 108Withdrawn listings 7Temporary off market listings 43Coming soon listings 119
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On February 15, 2024, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes increased four points to 48 points in February of 2024.The HMI component charting buyer traffic rose four points to 33 points, the HMI present sales conditions gained four points to 52 points, and the HMI sales expectations index grew three points 60 points in February of 2024.The three-month moving averages for regional HMI scores, Northeast higher three points to 57 points, Midwest up two points to 36 points, South jumped five points to 46 points, the West increased three points to 38 points in February of 2024.NAHB Chief Economist Robert Dietz, stated “But as builders break ground on more homes, lot availability is expected to be a growing concern, al...
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On February 29, 2024, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales down 4.9% to an index of 74.3 in January of 2024 from December of 2023, and dropped 8.8% from January of 2023.Pending home sales index in the Northeast higher 0.8% to an index of 63.6 in January of 2024 from December 2023, but lower 5.5% from January of 2023.Pending home sales index in the Midwest fell 7.6% to an index of 73.7 in January of 2024 from December 2023, and decreased 11.6% from January of 2023.Pending home sales index in the South declined 7.3% to an index of 88.5 in January of 2024 from December 2023, and dropped 9.0% from January of 2023.Pending home sales index in the West increased 0.5% to an index of 61.1 in January of 2024 from December 2023, but do...
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By Hugh Grant, I help investors and consumers with real estate
(RealMax Realty)
As a new homeowner, you want to make sure your heating system keeps you cozy without emptying your wallet. But how can you achieve optimal warmth and energy efficiency in your new home? Is there a way to reduce heat loss and minimize energy consumption without sacrificing comfort? Let's explore some heating hacks that can help you achieve just that.When it comes to heating our new homes, energy-efficient solutions are key. From HVAC installations for new constructions to upgrading thermostats, several strategies can help you optimize your heating system and keep utility costs in check.Alt text: A cozy living room with a sleek programmable thermostat controlling a modern, energy-efficient heating systemKey Takeaways: Inefficient heating can lead to high energy consumption and hefty utili...
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