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As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates, investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024, representing a small change after four years of fluctuations. The report is based on an analysis of home purchase records from 39 of the most populous metro areas since 2000. According to Redfin, an investor is “any institution or business that purchases residential real estate,” which includes both institutional and…

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. I don’t know about you, but when I don’t meditate, it’s because it’s boring. It’s slow. It’s hard. Being distracted, on the other hand, is easy. Checking my phone after it buzzes? That is easy. And even if it’s just another spam text from someone looking for…

In recent years, renting has become increasingly expensive, particularly since the onset of the COVID-19 pandemic. While national rent growth has cooled compared to the double-digit surges of recent years, it remains consistent with pre-pandemic levels. In November 2023, CoreLogic reported a 2.7% annualized increase in U.S. single-family rents. But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Nick Gerli, CEO of Reventure App, claims the city’s median apartment rent has dropped 15% over the past two years. He cites high…

Broker-owner Butch Leiber offers tips for providing a higher level of service to clients and conveying a higher level of professionalism to the public. 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. I often hear real estate agents complain about the lack of respect our industry gets. We’ve finally moved past attorneys, according to a Gallup…

Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent on Thursday filed an amended complaint in their antitrust suit against the National Association of Realtors (NAR) in the U.S. District Court for the Eastern District of Michigan. The plaintiffs take issue with what they claim is a requirement for agents and brokers — in Michigan and nationally — to be members of NAR, their state Realtor association and a local Realtor association in order to gain access to the MLS. The three plaintiffs are real estate professionals. Hardy is the owner of Snyder Kinney Bennett and Keating LLC, which does business in southeast…

Photo-Illustration: Curbed; Photos: Getty, Google Earth My delusions of homeownership in Rockaway began, in earnest, with a 100-year-old Victorian. I had seen the “For Sale” sign zip-tied to its chain-link fence while on a walk with my dog one afternoon. The fig tree out front was fruiting, and the house was a block and a half from the ocean. It was my Under the Tuscan Sun dream, except in better shape and in Queens. A few weeks later, a broker was walking me through the home’s three stories of original parquet floors and stained-glass detailing, using words like entertainer’s kitchen and…

The National Association of Hispanic Real Estate Professionals is putting its muscle behind maintaining Clear Cooperation, a policy that requires brokers to submit a listing to their multiple listing services within one business day of marketing a property to the public. 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. The National Association of Hispanic Real Estate Professionals is putting…

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Fix-and-flip lender Kiavi, in partnership with John Burns Research and Consulting, released its Q3 2024 fix-and-flip market report this week. The report — which included a survey of 700 home flippers — showed a decrease in the sentiment index as 17% of home flippers reported “poor sales relative to seasonal norms” from July through September. The index score declined from 63 in the second quarter to 62…

The new membership option will give agents who aren’t members of local, state or national Realtor associations access to state-compliant forms as alternative to NAR’s “three-way agreement.” 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. Beginning Jan. 1, 11,000 agents in Phoenix will have a new membership option in the local Realtor organization that will…

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. When it comes to selling real estate, communication and timing can make or break your success. As a real estate brokerage leader with decades of experience, I know firsthand that every connection counts, so having the right words at your fingertips is essential. That’s where text…