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In a new episode of the Power House podcast, host Diego Sanchez chats with James Dwiggins, CEO and co-founder of NextHome and co-host of the “Real Estate Insiders Unfiltered” podcast. During this conversation, the duo explore NextHome’s “humans over houses” philosophy and its referral-focused growth efforts. They also explore the National Association of Realtors‘ (NAR) commission lawsuit settlement, agent training deficiencies and more. This interview has been edited for length and clarity. To start the conversation, Dwiggins explains what sets NextHome apart from other real estate franchises. Sanchez: James, how do you differentiate NextHome from other national franchises? Dwiggins: Since…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. If you’re not performing at your best, it may be time for a tune-up. Many agents face common pitfalls that drain their time, energy and profitability. If you’re ready to rid your business of costly business traps that are dragging it down, here’s what to do.  TAKE…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Your success as a real estate agent often hinges not just on market knowledge or negotiation skills but also on your ability to connect emotionally with clients. Emotional intelligence (EQ) is the secret weapon that enables agents to build trust, foster strong relationships and, ultimately, drive sales.…

The housing market had a tumultuous year marked by low inventory and high interest rates that pushed prices to record levels. Prospective first-time buyers are hoping it will turn around in 2025, and although there are some predictions that they could have an easier time getting into a home, much will depend upon the economic landscape and the policy priorities of a new Trump Administration and Congress. This is a crucial time for the real estate industry, and the title insurance industry in particular. Title companies play a critical role in the homebuying journey. Looking ahead to 2025, our focus…

Key observations from October • Continued decline in agent movement:   The seasonally adjusted AMI metric for October dropped to 86.2, marking another decrease in agent mobility and continuing the downward trend observed in recent months.  • Factors influencing decline  The Presidential election and the implementation of the National Association of Realtors (NAR) settlement appear to have significantly impacted agents’ propensity to move between brokerages.  • Slight upward adjustment:  September’s seasonally adjusted metric was revised slightly upward, but this adjustment did not reverse the overall declining trend in agent movement.  • Potential for future recovery:   With the election concluded and as the industry adapts to the NAR settlement,…

The rational case for repealing MLS Clear Cooperation rules. Does cc work? Do I benefit from it? Would I like it to stay in place? Yes.  Is it best for consumers, (who anti-trust laws are designed to protect?)  It depends. Are we comparing it to Compass’ gamesmanship ushering in a worst-case scenario where buyers need to go through 20 brokerage websites to see all that’s available? Or are we comparing it to a mature free market where actual competition compels the existing infrastructure to improve by simply opening the door to competition that could disintermediate it? MLS system offers transparency,…

The recent announcement of Donald Trump hiring Elon Musk to co-lead a government efficiency initiative has sparked widespread discussion about its potential impact on industries across the board, including real estate. Lawrence Yun, Chief Economist of the National Association of Realtors, has weighed in on Musk’s focus on reducing government spending and its possible influence on mortgage rates. Will Musk’s efficiency measures lower mortgage rates? According to Yun, reducing government spending could lower the federal deficit, potentially impacting mortgage rates. However, Shallis cautions that the reality may be more complex: “While reducing government spending is a promising initiative, economic stimulation…

The Federal Housing Administration (FHA) announced this week that the Home Equity Conversion Mortgage (HECM) limit for 2025 will be $1,209,750. But reverse mortgage industry analysts who regularly cover developments in the space are split on whether the increase will make a material difference in the trajectory of the business in the new year. The HECM limit is unique when compared to FHA limits that govern Title II forward mortgage lending programs. In the reverse space, there is a single, national limit, as opposed to regional limits in place on the forward side, which are more representative of local property…

This year was a particularly great year for books that seemed long overdue, including monographs on Alexander Girard, Rosario Candela, and Donald Judd — specifically one dedicated to his furniture design. Then there are the photo books for enthusiasts with more niche interests, from Las Vegas (an… More » Source link

New-home construction in the U.S. has focused on single-family and multifamily inventory growth to boost supply and affordability. But StorageCafe found that in 2023, most states overlooked one key solution to the affordability crisis: more inventory of “middle housing.” That revelation comes from a company report released earlier this week. The report used U.S. Census Bureau data to analyze housing inventory changes across 489 cities between 2005 and 2023. StorageCafe categorized inventory changes by housing type — including single-family, multifamily, middle housing, mobile homes, boats, RVs and vans. StorageCafe ranked the top cities for housing inventory expansion across single-family, multifamily…