That’s a Wrap on 2024 🥂

Our most-read headlines & must-know moments

December 27, 2024

#67

WELCOME

In this special edition of Real Estate Roundup, we’re highlighting your favorite stories, standout resources, and the bold headlines that shaped the industry this year. 

From major market shifts to the moments that made us say, "Only in real estate 🙄" we’re recapping the headlines, trends, and insights that defined this year—and set the stage for an even bigger 2025.

Tap through the links below, then tell us: What do you want to see more of in 2025? 

What content do you want to see more of in Real Estate Roundup in 2025?

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MARKETS: 2024’s Most News-Worthy Headlines

  1. Hot, hot home prices. Despite higher mortgage rates, home prices experienced a year-over-year increase, with the national median home price reaching $406,100 in November. 

  2. Mortgage rates surge—then stabilize. Mortgage interest rates hovered just above 7% for the first half of 2024, putting pressure on buyers and slowing down sellers, before sinking to the upper 6% range after the Federal Reserve cut interest rates for the third consecutive time.  

  3. NAR settles. What was predicted to be “one of the most significant jolts in the U.S. housing market in 100 years” actually turned out to be… not that big of a deal. The NAR’s massive $418M mostly ended commissions litigation, but don’t expect the conversation to end here. 

  4. Inventory hit a 5-year high. In November 2024, the U.S. housing market saw active listings climb to their highest level since 2019, providing more options for buyers and signaling a shift towards a more balanced market.

  5. Momentum for affordable housing. Markets like Charlotte, Baltimore, and Rhode Island approved hundreds of millions in bonds to address the housing affordability crisis, although questions remain about implementation and regulatory barriers.

READY TO THRIVE IN 2025? Join Estate Elite!

If stepping into the luxury market is on your radar for 2025, Estate Elite is your blueprint for success. This exclusive membership connects you with the brightest minds in real estate—Josh Flagg, Tracy Tutor, James Harris, David Parnes, and Glennda Baker—sharing their insights, strategies, and stories to help you thrive.

Don’t miss this deal: If you join Estate Elite by the end of the year, you’ll save 25% on your membership—and you’ll get direct access to live workshops, Q&As, and private masterminds designed to elevate your game.

What’s coming up next in Estate Elite?

  • January 7th: Co-Listings and Commissions: How to Negotiate and When to Compromise, with Glennda Baker.

  • January 9th: How to Differentiate Yourself from Agents Offering Lower Commissions, with Josh Flagg.

  • January 14th: When to Adjust Your Rates and How to Find Supplemental Revenue Streams, with Tracy Tutor.

The luxury market isn’t slowing down, and neither should you. Make 2025 your best year yet!

RESOURCE ROUNDUP

Our Top 5 Fan-Favorite Reads and Recs

Check out the top five most-clicked, followed, and liked content from 2024. 

  1. Managing expectations. How to explain the market to your clients—without scaring them off.

  2. Netflix's Buying Beverly Hills' Ben Belack Spills On Glennda Baker. Ben Belack’s impressive real estate resume includes a decade of selling multi-million-dollar homes, seven years at The Agency in Beverly Hills, more high-end celebrity deals than he can count, and two seasons on Netflix’s Buying Beverly Hills. Watch the latest episode of Glennda’s Guru for Ben’s best advice on closing top-dollar deals, building trust, landing referrals, and creating a content-led personal brand.

  3. The daring duo is back. When Josh Flagg and Amanda McCants team up to co-list luxury, anything can happen (and probably will). ICYMI, check out Part 1 of How NOT to Show a House here—then tap the video below for more comedic comments and downright deal-killers. 

  4. The Breakdown busts viral real estate advice. Does TikTok’s best (and wildest) real estate advice actually work? Catch Ben Belack’s reaction to viral advice videos from Dave Ramsey, Glennda Baker, Robert Kiyosaki, and more in this tell-all episode of The Breakdown.

  5. Banish boring. Seven expert design tips for giving your space a stylish facelift. 

LUXURY LISTINGS

5 Luxury Listings We’re Still Dreaming About

  1. Welcome to Casa Encantada. Ask luxury agent Josh Flagg and he’ll tell you, priced at $195M, Casa Encantada is undoubtedly the most important (and finest, and iconic) estate in the US. This storybook property, formerly owned by Conrad Hilton of the Hilton Hotels, is perched on over eight acres of lush grounds and has been meticulously restored in the deco Hollywood style. Tour the property with Josh, and see the stunning scale for yourself. 

  2. ​​Oceanview Opulence at Jade Signature. This 20,000-square-foot penthouse with a 360° view of Miami from a stunning wrap-around balcony might just be the most indulgent luxury listing we’ve featured. Tap the video to tour every exquisitely designed room in this unbelievable two-story space with agent Chad Carroll—and gush over every elegant amenity. 

  3. Lavish Log Cabin. This rustic modern masterpiece in the aptly named town of Log Cabin, Texas, welcomes you home with over 8,000 square feet of elegant design, high-energy activities, and entertainment spaces. From the wall-to-wall windows that look towards Cedar Creek Lake, to the comfortable bunk rooms fit for a weekend away, this new construction is a listing not to be missed. 

  4. Palm Beach Elegance. In the heart of Palm Beach, today’s featured listing delivers high-tech living and spa-like relaxation, all with a modern Spanish touch. Click to see this new construction’s lush gardens and inviting spaces—all yours for under $25M. 

  5. Charleston Harbor Haven. Today's featured listing invites you into a historically rich 1781 cotton warehouse transformed into a luxurious residence. Located in Charleston's esteemed Charlestowne neighborhood, this home blends historic elegance with modern amenities, offering breathtaking harbor views, a serene private courtyard, and a prime location just minutes from local attractions. Perfect for those seeking a unique living experience where history meets luxury.

Before we go…

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