Real Estate News and Auction
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November 6, 2023 9:17 AM
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Here's How You Can Elevate Your Space With The Help Of Artificial Intelligence

Here's How You Can Elevate Your Space With The Help Of Artificial Intelligence | Real Estate News and Auction | Scoop.it
Learn about the different AI tools to make it easier to design any room. These apps use artificial intelligence to help you design and envision your space.
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November 6, 2023 6:18 AM
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what is a subject to real estate deal how to negotiate



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November 5, 2023 6:21 PM
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Mortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers

Mortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers | Real Estate News and Auction | Scoop.it
To all the homebuyers dreading the toxic mix of low inventory and 8% mortgage rates, how does a cooling economy and a 7.4% rate sound?
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November 5, 2023 6:18 PM
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How the Real Estate Broker Business Could Change - The New York Times

How the Real Estate Broker Business Could Change - The New York Times | Real Estate News and Auction | Scoop.it
Industry experts say a federal jury ruling this week against the National Association of Realtors and large brokerages makes the current commission model likely to change.
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November 5, 2023 11:28 AM
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‘The situation is dire’: Nearly two-thirds of potential homebuyers would welcome a recession if it meant lower mortgage rates — but here’s what they’re missing

‘The situation is dire’: Nearly two-thirds of potential homebuyers would welcome a recession if it meant lower mortgage rates — but here’s what they’re missing | Real Estate News and Auction | Scoop.it
Would-be buyers facing “unprecedented” affordability crisis will need to get creative.
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November 4, 2023 7:20 PM
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We've seen the most home price cuts since 2015, says Redfin CEO Glenn Kelman

Glenn Kelman, Redfin CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, the U.S. housing market, cost cutting measures and more.
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November 4, 2023 7:36 AM
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Jobs report, Treasury yields and mortgage rates dropping: How Wall Street eased the housing market

Jobs report, Treasury yields and mortgage rates dropping: How Wall Street eased the housing market | Real Estate News and Auction | Scoop.it
To all the homebuyers dreading the toxic mix of low inventory and 8% mortgage rates, how does a cooling economy and a 7.4% rate sound?
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November 4, 2023 7:32 AM
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Real Estate Stocks Soar as Fed Rate Hold Sparks Relief Rally

Real Estate Stocks Soar as Fed Rate Hold Sparks Relief Rally | Real Estate News and Auction | Scoop.it
(Bloomberg) -- Real estate stocks were the second best-performing sector in the S&P 500 Index on Thursday after the Federal Reserve’s decision to hold rates steady sparked optimism that the central bank could be nearing the end of its tightening cycle.Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App Mint,
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November 2, 2023 5:28 PM
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The Housing Recession Is Back On

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November 1, 2023 8:32 PM
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Zillow acquires CRM platform Follow Up Boss

Zillow acquires CRM platform Follow Up Boss | Real Estate News and Auction | Scoop.it
Zillow Group is acquiring CRM system Follow Up Boss for potentially $500 million, according to an annoucement Wednesday.
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November 1, 2023 2:45 PM
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Home prices could spike nearly 5% in 2024: Zillow

Home prices could spike nearly 5% in 2024: Zillow | Real Estate News and Auction | Scoop.it
Despite elevated mortgage rates, consumers may find some relief with new property listings in a tight housing market, according to a Zillow forecast. Here's what you need to know.
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November 1, 2023 10:21 AM
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Dave Stevens on the "long winter ahead" for mortgage lenders

Dave Stevens on the "long winter ahead" for mortgage lenders | Real Estate News and Auction | Scoop.it
"It's this tough market that's going to build the greatest leaders of our industry, which we will see come forward over the years to come," said the FHA's former commissioner.
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November 1, 2023 7:44 AM
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House Flipping 101: Beginner (Step by Step Guide)

On this video learn house flipping 101 for beginners. Jerry breaks down step by step what you need to do to flip your first house.

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#FlippingHouses #WholesalingHouses #FlippingGenius
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November 6, 2023 6:19 AM
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Commission to drop 30%

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November 5, 2023 6:22 PM
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More evictions filed during October in Maricopa County than any month this century

This year also is on track to have the highest number of eviction cases filed since 2008, according to data from the Maricopa County Justice Courts.
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November 5, 2023 6:20 PM
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Watch Ex-UBS Chairman Weber: Fed Likely to Hike Rates in December - Bloomberg

Watch Ex-UBS Chairman Weber: Fed Likely to Hike Rates in December - Bloomberg | Real Estate News and Auction | Scoop.it
Axel Weber, former chairman of UBS who was also president of the German Bundesbank, discusses the policies of the Federal Reserve and the European Central Bank, geopolitical risks, and the implications for financial markets. He also talks about UBS Group AG's takeover of rival Credit Suisse. He speaks on the sidelines of the Barclays Asia Forum in Singapore with Haslinda Amin on “Bloomberg Markets: Asia.” (Source: Bloomberg)
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November 5, 2023 12:22 PM
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After a $1.8 billion verdict, the clock is ticking on the 6% real estate commission | CNN Business

After a $1.8 billion verdict, the clock is ticking on the 6% real estate commission | CNN Business | Real Estate News and Auction | Scoop.it
Real estate commissions are not going away following the $1.8 billion verdict on Tuesday in a federal jury trial brought by homesellers that found the National Association of Realtors and two brokerage firms conspired to keep commissions artificially high.
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November 4, 2023 7:21 PM
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Redfin Reports Luxury Home Prices Are Outperforming as Affluent Buyers Dodge High Mortgage Rates

Redfin Reports Luxury Home Prices Are Outperforming as Affluent Buyers Dodge High Mortgage Rates | Real Estate News and Auction | Scoop.it
SEATTLE, November 03, 2023--(NASDAQ: RDFN) — The median sale price of luxury U.S. homes rose 9% year over year to $1.1 million in the third quarter, while the median sale price of non luxury homes climbed 3.3% to $340,000. Both were at the highest level of any third quarter on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
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November 4, 2023 7:44 AM
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Why Redfin Stock Catapulted Higher Today

Why Redfin Stock Catapulted Higher Today | Real Estate News and Auction | Scoop.it
Shares of the online real estate brokerage gained on some promising signs in its earnings report.
AZ Mountain Lake Realty's insight:

if commission sharing is illegal Redfin stock will go through the roof

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November 4, 2023 7:34 AM
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Eviction filings in Arizona’s fast-growing Maricopa County surge amid housing supply crisis | Arizona Capitol Times

Eviction filings in Arizona’s fast-growing Maricopa County surge amid housing supply crisis | Arizona Capitol Times | Real Estate News and Auction | Scoop.it
Arizona's most populous county and one of America's fastest-growing regions saw more eviction filings in October than in any month since the beginning of this century, court officials said Thursday.
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November 3, 2023 4:53 PM
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Brokerage Heads Defend Buyer’s Agents After Antitrust Ruling

Brokerage Heads Defend Buyer’s Agents After Antitrust Ruling | Real Estate News and Auction | Scoop.it
Some brokerage executives spoke up for buyer’s agents following the plaintiff’s landmark victory in the Sitzer/Burnett case.
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November 2, 2023 4:44 PM
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NAR looking to win in higher court





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November 1, 2023 2:46 PM
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Fed meeting today: Live updates on November Fed rate decision

Fed meeting today: Live updates on November Fed rate decision | Real Estate News and Auction | Scoop.it
The central bank held steady on interest rates at the end of its November meeting, maintaining the federal funds target rate at 5.25% to 5.5%.
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November 1, 2023 12:37 PM
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NAR Lawsuit Makes National Headlines | Hot Sheet 11/01/23

On today’s Hot Sheet, Byron Lazine discusses the Sitzer/Burnett verdict, a Lance Lambert Tweet on falling real estate stocks, reasons homeowners are staying in their current homes, and the fastest (and slowest) real estate markets.




#housingmarket #SitzerBurnett #homeprices

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November 1, 2023 7:46 AM
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House Flip #237 Finished and Ready to Sell With Before and After!

This was an easy flip or at least that is what we always thing before we get started! Sometimes they stay easy and sometimes they do not! I go over what we did on this flip and why we did it plus the cost sales prices, and repair estimate.

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