Housing Wire
MARCH 31, 2022
Mortgage rates keep climbing amid rising inflation , war in Ukraine, and disruptions to the supply chain, and there’s no sign that they’ll fall anytime soon. The latest weekly Freddie Mac PMMS mortgage survey, released Thursday, showed that the average purchase mortgage rate touched 4.67%, up 25 basis points from the week prior. That was the highest reading since December 2018, according to Freddie Mac.
Keeping Current Matters
MARCH 29, 2022
Are you thinking about selling your house?
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RIS Media
MARCH 31, 2022
As a real estate broker or brokerage leader, it’s important to focus on and review what you’re offering to help your agents succeed. What tools or processes are you implementing to make sure your team is not just surviving, but thriving? What feedback have your agents been giving you, and what do they feel could help them boost their business?
Maximum Exposure Real Estate
APRIL 1, 2022
What are the pros and cons of selling a home as-is? You may have thought about this question if you’re planning on selling a home. Sometimes when you are selling a house that has some issues, selling it “as is” may seem like the most straightforward course of action. Most homeowners assume that selling a […]. The post Selling a House As Is: What Are The Pros and Cons?
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Housing Wire
MARCH 31, 2022
Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. I disagree with this conclusion. That’s not to say that the data points the Fed used are incorrect — in fact, we are in a savagely unhealthy housing market , but it’s not a bubble.
Keeping Current Matters
MARCH 30, 2022
Based on the Primary Mortgage Market Survey from Freddie Mac , the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
HomeLight
MARCH 31, 2022
Amna Shamim contributed research and writing to the most recent version of this story. You fell head-over-heels the moment you laid eyes on the perfectly landscaped house of your dreams. It’s for sale — and you just so happen to be in the market to buy. However, you’ve heard rumors about the house’s past. Maybe something bad happened there once?
Housing Wire
APRIL 1, 2022
Today, the Bureau of Labor Statistics reported that the United States Of America created 431,000 jobs in March. We also had 95,000 positive revisions, and although this was a slight miss of estimates, it continues the solid trend of good job reports in 2022. On another note, I raised my third recession red flag, since the inverted yield curve happened this week.
Keeping Current Matters
MARCH 31, 2022
If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.
Sotheby's International Real Estate
MARCH 26, 2022
Augmenting homes from Cape Cod to California, these enviable decks encourage lingering outdoors and appreciating the longer, warmer days of spring and summer. Peaceful Living in Pacific Heights. San Francisco, California | Tania Toubba, Sotheby’s International Realty – San Francisco Brokerage. On one of the most desirable blocks in Pacific Heights, this timeless four-level home has been impeccably updated while maintaining respect for its classic details.
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Eye on Housing
MARCH 29, 2022
The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs remained steady at 381,000 unfilled positions in February. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019.
Housing Wire
MARCH 29, 2022
Keller Williams and RE/MAX lead the list of the top 50 one-year movers by percentage transaction sides, with Keller Williams — Cunningham Group , based in Santa Monica, California, seeing a 136% increase in sides between 2020 and 2021. Data for the 2022 RealTrends 500 rankings is based on 2021 sales. Top movers is a ranking of the 50 firms in the RealTrends 500 that had the largest percentage increase in closed sides or largest percentage in sales volume between 2020 to 2021.
Keeping Current Matters
MARCH 28, 2022
The link between financial security and homeownership is especially important today as inflation rises.
Maximum Exposure Real Estate
MARCH 28, 2022
What Websites to Use to Find a Home to Rent Are you wondering what is the best website for finding rental homes? When looking for a rental house for your next move, it can be challenging to know where to start. While there seem to be countless options to help people find rental apartments, houses […]. The post 13 Best Rental Home Sites: How to Find a House to Rent appeared first on Maximum Real Estate Exposure.
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
BubbleInfo
MARCH 29, 2022
The prognosticators said prices would soften in 2022, but instead they have ‘reaccelerated’ Now the guessers are expecting the higher mortgage rates to slow down the runaway train – see below. San Diego Non-Seasonally-Adjusted CSI changes Observation Month SD CSI M-o-M chg Y-o-Y chg Jan ’20 264.04 +0.2% +5.1% Feb 265.34 +0.5% +4.6% Mar 269.63 […].
Housing Wire
APRIL 1, 2022
Maybe things are getting better? Coming off a month of strong growth in February , the U.S. jobs report released Friday again showed a solid increase in non-farm payroll jobs. A total of 431,000 non-farm payroll jobs were added in March, and employment in the construction industry is now above its pre-pandemic level, after the industry added 19,000 jobs.
Realty Biz
MARCH 27, 2022
Do you want to increase your odds of getting an offer accepted on a home? If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. With more competition from buyers, the seller has more options, and you will need to do more to get the house you want. Getting a house under contract is challenging, with bidding wars becoming the norm and not the exception.
Eye on Housing
APRIL 1, 2022
Total nonfarm payroll employment increased by 431,000 in March, and the unemployment rate fell to 3.6% from 3.8%. The labor market recovery is continuing, as employment in some sectors, such as professional and business services, financial activities, and retail sectors, is now above pre-pandemic levels. Construction industry employment (both residential and non-residential) totaled 7.6 million and has returned to its.
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
Lighter Side of Real Estate
MARCH 30, 2022
When the real estate market’s hot, there are always buyers who want to wait for prices to come down before buying a house. But as Kim Holderness illustrates in a hilarious video — where she stars as both a homebuyer and an agent — the market hasn’t shown signs of letting up anytime soon. As they say, laughter is the best medicine…. So whether you’re an agent or a buyer in this crazy market, watch this video for your daily dose to help ease the pain: ?.
Housing Wire
MARCH 29, 2022
Figure Technologies co-founder and CEO Mike Cagney. Mike Cagney didn’t expect to be releasing a cryptocurrency-backed 30-year fixed-rate mortgage product so soon. The plan was for Figure Technologies to launch such a product only after completing the merger with multichannel mortgage lender Homebridge Financial Services. But Cagney can’t wait: regulatory approval on the Homebridge deal hasn’t occurred yet, and frankly, demand for crypto mortgages is too strong.
Sotheby's International Real Estate
MARCH 30, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. Pagosa Springs, Colorado | Katie Sturm, Zach Morse, & Melissa Mayer, Legacy Properties West Sotheby’s International Realty . Tucked in among towering Ponderosa pines in the exclusive gated community of Hidden Valley Ranch, with expansive views of the Colorado Rocky Mountains and Hidden Valley Lake, sits 601 Piney Place.
Eye on Housing
MARCH 29, 2022
After dropping to a one-year low last month, consumer confidence rebounded slightly in March as strong job growth offset consumer’s concerns about the Ukraine crisis and decades-high inflation. The Consumer Confidence Index, reported by the Conference Board, rose 1.5 points from 105.7 to 107.2 in March. The Present Situation Index increased 10.0 points from 143.0 to 153.0, while the Expectation.
Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.
In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.
Fancy Pants Homes
MARCH 27, 2022
As the world tuned in to watch Netflix’s immensely popular Bridgerton series, the hit show from creator Shonda Rhimes (the TV producer behind long-running series like Grey’s Anatomy , Scandal, and How to Get Away with Murder ) there’s one thing that caught everyone’s eye beyond the storyline: the incredible homes of the show’s leading characters.
Housing Wire
MARCH 29, 2022
Origination volume for FHA -insured loans increased by 3% in 2021, growing from $324 billion in 2020 to $332.24 billion, an analysis of Home Mortgage Disclosure Act (HMDA) data by Polygon Research application HMDAVision found. Of the origination volume, retail lenders originated $276.4 billion worth of FHA loans, while wholesale lenders originated $57.64 billion.
Sotheby's International Real Estate
MARCH 29, 2022
During the period now known as the Gilded Age, the United States and the rest of the world were on the brink of a new modern era of enormous economic growth, immense personal wealth, and revolutionary social mores and systems. These years represented a time of remarkable transition in New York, and its influence on the city’s expansion is still evident along upper Fifth Avenue and its verdant side streets.
Eye on Housing
MARCH 28, 2022
Nonfarm payroll employment increased in 48 states and the District of Columbia in February compared to the previous month while Arkansas and Alaska lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 678,000 in February, following a gain of 481,000 jobs in January.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Easy Agent Pro
MARCH 31, 2022
As with all industries, real estate has pivoted into a digital business for most agents and consumers. In fact, in a recent NAR research group , 97% of all homebuyers reported using the internet to search for their next home. While traditional methods (cold calling, post cards, etc.) will always have their place in a real estate agent’s toolkit, it’s become rather obvious that real estate is a digital marketing game.
Housing Wire
MARCH 30, 2022
As rents escalate across the country, housing advocates are right to be concerned about the growing challenge of low-income families finding an affordable place to live. But our national housing policy cannot just be about housing units. Ultimately, it must be about the residents themselves. That is why we believe that the recent introduction by Rep.
Brownstoner
MARCH 29, 2022
The mayor’s new plan to remove homeless encampments throughout the city took effect Monday afternoon as city agencies removed several unhoused people and their belongings from their longtime home under the Brooklyn-Queens Expressway in Williamsburg. The Department of Sanitation, the New York City Police Department, and a homeless outreach team carried… Read More > The post In ‘Burg, Police, Sanitation Toss Beds, Tents in Trash as Homeless Say Group Shelters Are Unsafe appeared fi
Eye on Housing
MARCH 31, 2022
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in 2021 as the economy continued recover from the COVID-19 crisis. According to the U.S. Bureau of Economic Analysis (BEA), the percent change increase in real GDP ranged from 8.6 percent in Tennessee to 0.3 percent in Alaska. Nationwide, growth in real GDP, measured on a.
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.
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