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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 October 3, 2024, Realtor.com reported that nationwide median list price of a home was $425,000 in September of 2024, down from $429,500 in August of 2024, and lower 1.0% from September of 2023.There were 940,980 listed inventory of homes in September of 2024, jumped 34.0% homes listed in the market from September of 2023.Houses stayed 55 days in the market in September of 2024, up 2 days more from 53 days in August 0f 2024, and rose seven more days from 48 days in September of 2023.New listed homes declined 0.9% in September of 2024 from August of 2024, but increased 11.6% from September of 2023. according to Realtor on October 3, 2024For complete more detailed information about Realtor.com’s real estate trends for September of 2024, please click HERE
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By The Chris Fritch Team ~ eXp Realty, chrisfritchteam.com 763-746-3997
(Chris Fritch Team eXp Realty)
NEW CONSTRUCTION FOR JUST $359,900! Gorgeous newly built home in the highly sought after Waters Edge neighborhood in St. Cloud! This stunning, newly built home by local builder Heartland Homes, offers three finished levels of luxurious living space! You will love the open main level with vaulted ceilings and plenty of natural light! The modern kitchen features stainless steel appliances, ample counter and cabinet space, and a large center island and is open to the informal dining space! Enjoy 3 beds on the upper level with a shared full bath and private ¾ bath! The finished lower level provides the perfect space for relaxation complete with a family room and ½ bath! Plenty of storage space in the 3 stall garage! Enjoy miles of trails throughout the neighborhood and a neighborhood park j...
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By Peter Mohylsky, Beach Broker, Call me at 850-517-7098
(PMI. Destin)
As you gourd-geously decorate for fall, let me help you carve out the perfect space to call home! I have already had my first pumpkin pie.  It was good and I think it had a few positive items to consider,  if you disregard that it had a LOT of sugar in the recipe.    🎃Whether it's a cozy upgrade or a brand-new address, I’m here to guide you through every step. Ready to squash those home-buying worries?Let’s chat! 🏡🍁#thehelpfulagent #home #houseexpert #house #listreports #homeowner #itsfallyall #realestate #a100424 #investment #happyhome #realestate #realtor #realestateagent
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On October 1, 2023, the U.S. Census Bureau reported nationwide construction spending lower 0.1% to $2,131.9 billion in August of 2024 from $2,133.9 billion July of 2024, but rose 4.1% from $2,047.4 billion in August of 2023.Nationwide private construction down 0.2% to $1,642.2 billion in August of 2024 from $1,645.8 billion in July of 2024.Residential construction decreased 0.3% of $899.9 billion in August of 2024 from $903.0 billion July of 2024.Non residential construction declined 0.1% to $742.2 billion in August of 2024 from $742.8 billion in July of 2024.The public construction higher 0.3% to $489.8 billion in August of 2024 from $482.2 billion in July of 2024.The educational construction up 0.0% to $102.4 billion in August of 2024 from $102.3 billion in July of 2024.The highway co...
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By The Chris Fritch Team ~ eXp Realty, chrisfritchteam.com 763-746-3997
(Chris Fritch Team eXp Realty)
This end-unit townhome offers true one-level living with no interior or exterior stairs and features a vaulted open layout! The spacious kitchen offers ample cabinet and counter space, stainless steel appliances, a breakfast bar, and a window that fills the space with plenty of natural light. Enjoy the informal dining area that is nice and open to the kitchen. Enjoy 2 spacious bedrooms with a walk-through full bath! Relax and unwind in the sunroom with large windows and a sliding glass door that opens to a semi-private patio and a generous sized backyard! Updated LPV flooring throughout! The laundry room provides extra storage with cabinets! This home is conveniently located just 0.2 miles from School Knoll Park, which offers a playground, basketball court, tennis court, BBQ grills, and...
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By The Chris Fritch Team ~ eXp Realty, chrisfritchteam.com 763-746-3997
(Chris Fritch Team eXp Realty)
Price Improvement:  $265,000 $260,000Welcome to effortless one-level living in Brooklyn Park, offering 2 bedrooms and 2 bathrooms. Step inside to a vaulted open layout that creates a bright and spacious feel throughout. The kitchen provides ample cabinet and counter space, perfect for cooking and entertaining, while abundant natural light fills every room, making the home warm and inviting. The primary suite features a private full bath and walk-in closet, offering plenty of space and comfort. Main-level living is made even more convenient with a large laundry room, complete with a sink and cabinets for extra storage. Enjoy peaceful moments on either the front or back patio, where the tree-lined yard provides plenty of green space for relaxation. Located in the quiet Garden Villas of Ed...
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On September 17, 2024, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes increased two points to 41 points in September of 2024 from 39 points in August of 2024.The HMI component charting buyer traffic higher two points to 27 points, the HMI present sales conditions up one point to 45 points, and the HMI sales expectations index rose four points to 53 points in September of 2024.The three-month moving averages for regional HMI scores, Northeast lower three points to 49 points, Midwest grew one point to 40 points, South down one point to 41 points, the West gained two points to 39 points in September of 2024.NAHB Chief Economist Robert Dietz, stated “Lowering the cost of construction is critical to confront persistent challen...
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By The Chris Fritch Team ~ eXp Realty, chrisfritchteam.com 763-746-3997
(Chris Fritch Team eXp Realty)
Well maintained 3 bed, 2 bath home in Ramsey nestled on a spacious .74 acre lot! Located just minutes from Titterud & Elmcrest Park and Alpine Dog Park, this home offers easy access to Hwy 10 and the light rail. You'll also enjoy close proximity to clinics, grocery stores, shopping, and more! This home features a bright and airy interior with vaulted wood ceilings and an abundance of natural light! The upper level offers 2 nice sized bedrooms, a full bath and an office space - great for working at home! Enjoy another nice sized bedroom downstairs, with a bonus room that could be used as a 4th bedroom! Relax or entertain on the large deck or patio while enjoying views of the large lot surrounded by mature trees, offering plenty of privacy. The detached 2.5 car garage is insulated, heated...
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By Bob "RealMan" Timm, Owner of Ward Co Notary Services retired RE Broker
(Ward County Notary Services)
We have no policy in our home. Timmothy is always shoeless, Carol and I are slipper people. We are dog (pet) people and I would NOT dream of requiring anyone to take their shoes off at the door.That being said, as a Realtor, I always required people to remove their shoes in the model (new construction) homes I represented. If anyone refused I'd breakout the shoe covers.On rare occasion a stiff necked fellow (always a fellow) would refuse both choices. I would ask them to leave.The worst was when I was slow to greet men right off of the oil field and and they would just walk right in, boots and all.I think that happened three or 4 times in my career. Lucky for me I was always able to clean up the mess. I was glad that the builders I worked with rarely used carpet. It always took a lot of...
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By Jared Hill, ERA Brokers have locations all over the west.
(ERA Brokers)
The real estate industry is undergoing a significant transformation, driven by advancements in artificial intelligence (AI) and automation. Home selling, once a highly manual and time-consuming process, is becoming more streamlined, efficient, and personalized through these technologies. In Springfield, MA, this trend is rapidly gaining traction, reshaping how homes are marketed, listed, and sold. Sellers and agents alike are leveraging AI-powered tools to optimize pricing strategies, enhance buyer experiences, and speed up transactions. The future of home selling is not only more convenient but also more accessible, enabling homeowners to achieve their goals faster and with less effort.Revolutionizing Property ValuationOne of the most crucial steps in selling a home is determining its ...
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By Jared Hill, ERA Brokers have locations all over the west.
(ERA Brokers)
The Great Migration, a period of mass movement of African Americans from the rural South to the urban North, transformed the social and economic landscape of the United States. Beginning in the early 20th century and continuing until the 1970s, this migration saw over six million African Americans relocate to northern cities in search of better job opportunities, improved living conditions, and freedom from the oppressive racial laws of the South. Alabama, deeply rooted in the Jim Crow South, experienced a significant loss of its Black population during this time. For many, leaving behind Alabama’s agricultural economy for factory jobs in places like Chicago, Detroit, and New York promised not only better wages but also a chance at homeownership—something that was difficult to achieve i...
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By Peter Mohylsky, Beach Broker, Call me at 850-517-7098
(PMI. Destin)
Saving for a home down payment is a key step towards achieving your dream of homeownership!The down payment should not stop you from purchasing a house. A house purchase makes sense in a variety of different ways. If you rent, you are paying a mortgage, It is just not your mortgage.  🏡✨With consistent savings, you're closer than you think.Ready to find your perfect home?Contact me today to get started! #thehelpfulagent #home #houseexpert #house #listreports #homeonwer #finances #a092724 #realestate #investment #realestateagent #realtor #dreamhome
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On September 26, 2024, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales higher 0.6% to an index of 70.6 in August of 2024 from July of 2024, but fell 3.0% from August of 2023.Pending home sales index in the Northeast lower 4.6% to an index of 61.6 in August of 2024 from July of 2024, and declined 2.2% from August of 2023.Pending home sales index in the Midwest rose 3.2% to an index of 70.0 in August of 2024 from July of 2024, and decreased 3.6% from August of 2023.Pending home sales index in the South up 0.1%to an index of 83.6 in August of 2024 from July of 2024, but dropped 5.3% from August of 2023.Pending home sales index in the West gained 3.2% to an index of 58.0 in August of 2024 from July of 2024, and grew 2.7% from August of 202...
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On September 25, 2024, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales declined 4.7% to an annual rate of 716,000 homes in August of 2024 from 751,000 homes in July of 2024, but increased 9.8% from in August of 2023 an annual rate of 652,000 homes.The median new home sold value was $420,600, while the average sales price was $492,700 in August of 2024.There were estimated 467,000 new houses for sale, and 7.8 months supplies of available inventory at the end of August of 2024.For complete more detailed information about HUD and U.S. Census Bureau report of new home sales August of 2024, please click HERE
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
Every fall, I make it a point to attend the Austin PT50 Symposium—it's a 15 x 30 educational powerhouse where top agents share their expertise in quick, 7.5-minute presentations. One of the standout speakers this year was Heather Powell from Bramlett Residential Realty. Her presentation, titled "Keeping Austin Authentic: A Native's Insight on Historic Homes," was nothing short of a delight. Heather's humor and charm instantly captured the room, and her deep knowledge of Austin’s historic homes opened my eyes to how many gems this city truly has! I’ve lived here for years and had no idea we had such a vast array of historic properties. What made Heather’s talk particularly memorable was the way she connected her expertise to Austin’s unique culture, making it clear that preserving the au...
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By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
For approximately half of my 40-year career in the real estate industry, I have been an office manager.  Approximately 8 years have passed since my last management position, giving me time to reflect on many things, including what I miss and do not miss.  Here we go:What I Do Not Miss1.  Regional or company wide management meetings where 99.999% of the time, they gave us nothing to be better equipped to help our offices.  A complete time and money suck.  One company I worked for had these useless meeting a 3+ hour car drive away.  It was mind boggling, actually.2.  Having a regional manager who never sold real estate or had not sold a home since the Nixon administration.   They could not relate in most cases to today's needs, market, agents or managers.  Clueless.3.  Chasing agents down...
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By The Chris Fritch Team ~ eXp Realty, chrisfritchteam.com 763-746-3997
(Chris Fritch Team eXp Realty)
Discover this beautifully crafted 3-bedroom, 2-bath walkout rambler, built in 2021 and located in the sought-after Preserve at Parkwood development. The open concept floor plan showcases LVP flooring, abundant recessed lighting, and a seamless flow throughout. The upgraded kitchen offers stainless steel appliances, quartz countertops, center island with sink, and a corner pantry! Relax by the corner gas fireplace accented by shiplap, or unwind on the charming front porch. The vaulted primary suite is a tranquil retreat, offers a gorgeous private bath with a double-sink vanity, granite counters, walk-in tile shower with glass shower doors, and walk-in closet. The main level features 2 more spacious bedrooms on the main level accompanied by another stunning ¾ bath with a walk-in shower! T...
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By The Chris Fritch Team ~ eXp Realty, chrisfritchteam.com 763-746-3997
(Chris Fritch Team eXp Realty)
OPEN HOUSE ALERT! Saturday 9/28 from 12pm-3pm and Saturday 9/28 4pm-6pmSpacious end-unit townhome located on a low-traffic street in Maple Grove with 2 beds and 2 baths! The main level features a welcoming living room with a cozy gas fireplace, a convenient half bath, and a well-appointed kitchen with plenty of cabinet & counter space, tile backsplash, and abundant natural light. The dining area opens to a peaceful patio, perfect for outdoor relaxation, and the generous lawn space offers ample room for games and outdoor enjoyment. Upstairs, enjoy a versatile loft, a vaulted owner’s suite with a walk-in closet, a walk-through full bath, and another spacious bedroom! Conveniently located near shopping, dining, and easy access to I-94. Schedule your showing today!Presented by Brian Ingle, ...
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In real estate development, the construction phase is often the most hazardous. From heavy machinery to working at heights, construction sites present various risks that can lead to accidents, injuries, and even fatalities. For developers, ensuring the safety of construction crews isn't just an ethical responsibility but a legal one. Workers’ compensation plays a crucial role in protecting workers and safeguarding developers from potential financial and legal repercussions.This blog will explore why workers’ compensation is essential in real estate development and how developers can take proactive steps to protect their construction crews.Understanding Workers' Compensation in Real Estate DevelopmentAs mentioned by the workers' compensation lawyers in Denver at Eley Law Firm, workers’ c...
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By Jared Hill, ERA Brokers have locations all over the west.
(ERA Brokers)
The real estate market in 2024 is witnessing significant growth, driven by multiple factors that have reshaped how we buy, sell, and invest in properties. With emerging technologies, economic shifts, and changing lifestyles, the real estate sector has become a hotbed of opportunities for investors and entrepreneurs alike. Below are eight key reasons why the real estate business is expanding in 2024, with a special mention of how Delta 9 gummies play an unexpected role in this dynamic market.1. Technological Advancements in Property ManagementReal estate is embracing technology like never before. Virtual tours, blockchain for secure transactions, and AI-powered analytics have transformed how buyers and sellers engage with the market. With platforms that offer 3D walk-throughs and smart p...
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