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Real Estate

Midwest housing markets defy national days on market trends

Artificial Intelligence, Home Prices, Housing Market, HWmember, Indiana, Kansas, Milwaukee, Minneapolis, Minnesota, Missouri, Real Estate, Wisconsin /

Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the latest market data. Regional performance outpaces national metrics The national median DOM for single-family homes currently stands at 63 days, […]

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Tech Pulse: AI for real estate teams; Tech Trendsetter shares insights

Artificial Intelligence, DocMagic, HW Tech Trendsetters, Mortgage, PennyMac, Real Estate, Technology /

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Can AI help real estate teams stand out or make them all look the same? Artificial intelligence (AI) is transforming real estate marketing and workflows, but agents are

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Ohio property tax debate intensifies

Affordability, First-Time Homebuyers, Homebuyers, Homeownership, HWmember, Ohio, Politics, Property Tax, Real Estate, Regulatory /

Efforts to abolish or deeply reform property taxes are gaining momentum in multiple states — including Ohio — where impassioned debate has cited potential funding shortfalls for local services, seniors being prices out of homes and further effects on the housing market. Howard Fleeter, an economist with the Ohio Education Policy Institute who has worked

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Christie’s International Real Estate SC adds agent Jordana Leigh

Christie’s International Real Estate SC adds agent Jordana Leigh

Agent, Real Estate /

Jordana Leigh has joined Christie’s International Real Estate Southern California, the brokerage announced. Known for work in the region’s luxury and celebrity real estate market, Leigh has more than $5 billion in career sales and has represented clients including Orlando Bloom, Simon Cowell, Eve and the late Naya Rivera. “After many years of friendship and

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Investor home purchases hit lowest second-quarter level since 2020

Affordability, Housing Market, HWmember, Institutional investors, Interest rates, Investor, Investors, Mortgage Rates, Real Estate, Rental Properties, Single-Family Housing, Single-Family Rentals /

U.S. real estate investors bought about 52,000 homes in the second quarter, the lowest level for that period since 2020, according to a report from Redfin. Purchases were down 6% from a year earlier — the largest drop since late 2023. Redfin, which analyzed purchase records across 39 major metropolitan areas, defines an investor as

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Baltimore’s push against vacant housing shows positive results

Affordable housing, Baltimore, Homebuilders, HWmember, Real Estate, Urban Institute /

Recent efforts to cut down on vacant residential properties in Baltimore have proven to be effective, according to new Urban Institute data. By 2020, the city had more than 16,000 vacant buildings and a residential vacancy rate of 7.7%. In parts of east and west Baltimore, the rate was nearly one in three houses. “Vacancy

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Christie’s International Real Estate names SVP of strategic growth

Brokerage, People Movers, Real Estate /

Christie’s International Real Estate has appointed G. Scott Hurlock as senior vice president of strategic growth, a new role at the company. Hurlock will oversee network expansion for the luxury real estate brand by pursuing new partnerships and working with affiliates on organic growth, mergers and acquisitions. “Scott comes to us with an incredibly impressive

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Texas bill targets deed fraud, but expert points to online loopholes

Homebuying, HWmember, Real Estate, Real Estate Fraud, Texas, Title, Title insurance, Wire Fraud /

A bill on Texas Gov. Greg Abbott’s desk could give county clerks new tools to combat deed fraud, but one industry expert says the measure doesn’t go far enough to protect against scams carried out online. Senate Bill 15 — approved by the Texas Legislature in August — would require clerks to ask for identification

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Real estate pros: Explain the value of buyer rep without sounding like a script

Agent, Buyer Representation Agreement, Contributors, First-Time Homebuyers, Homebuyers, HWmember, NAR Lawsuit Settlement, Real Estate /

One of the most important parts of a real estate agent’s job is helping buyers understand why working with you matters, especially now that the new rules around representation and compensation have changed the conversation. Now, more than ever, it is important for buyers to understand the value your representation brings to the table. Since being an agent is ultimately about building relationships, your goal is to connect with your buyers

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Meme-darling Opendoor’s shares soar as founders rejoin board

Housing markets, Real Estate /

Opendoor Technologies Inc. shares surged by as much as 69% Thursday after announcing the return of its co-founders to the board and a new chief executive officer.  If the advance holds it will be the biggest one-day gain for the home-flipper turned meme stock on record — continuing its blistering 450% run up since mid-July

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