Think Home Prices Are Going To Fall? Think Again
Keeping Current Matters
JULY 21, 2022
Over the last two years, the rate of home prices appreciated at a dramatic pace.
Keeping Current Matters
JULY 21, 2022
Over the last two years, the rate of home prices appreciated at a dramatic pace.
Real Trends
JULY 21, 2022
The cooling housing market is offering some much needed relief to frustrated homebuyers. In June, 49.9% of offers written by Redfin agents faced competition on a seasonally-adjusted basis, down from 57.3% in May and 65% a year ago, according to a new report from the brokerage. This was the fifth consecutive month of declines in the bidding war rate.
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The American Genius for Real Estate
JULY 19, 2022
TikTok has been dominating the social media sector since the pandemic, and studies show it officially beat out YouTube for total time spent. The post Ignore TikTok to your own peril – new data says your next clients are there appeared first on The American Genius Real Estate.
Housing Wire
JULY 20, 2022
The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot — inventory is rising. We still have the unhealthy dynamics of noticeable sales declines, but prices are still growing year over year. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. history.
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Keeping Current Matters
JULY 19, 2022
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.
Brownstoner
JULY 21, 2022
Well, that was fast. After pausing for a Department of Buildings inspection this morning, workers got the go-ahead to reenter the site and resume demolition at 1 p.m. [link]. By 4 p.m., the excavator was back at work chomping on the brick. Demolition often takes two or three days. Not this… Read More > The post Bed Stuy’s Beloved Dangler Mansion Is Gone (Video) appeared first on Brownstoner.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JULY 18, 2022
The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. HUD officials earlier this year said cuts to borrower fees depended on the number of borrowers behind on their payments. But during a Thursday press briefing, HUD officials said they are weighing “budgetary implications, tradeoffs within appropriations process and FHA’s role in the broader housing system,” when considering cuts to mor
Keeping Current Matters
JULY 18, 2022
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.
Realty Biz
JULY 17, 2022
Kick-Out Clause vs. Home Sale Contingency. Depending on the type of real estate market you are likely to see different clauses added to a real estate contract. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. The way the real estate market has performed over the last few years, sellers have been presented with multiple offers on a significant percentage of prope
Sotheby's International Real Estate
JULY 21, 2022
Being close to nature is both a pleasure and a privilege. At a time when environmental protection, ecological stewardship, and sustainable living are top-of-mind for so many, perhaps the most covetable lifestyle of all is one that embraces the earth and its wonders. It’s this type of lifestyle that sets the affluent, radiant Crystal Cove village apart from the rest of Newport Beach on the coast of California.
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.
Housing Wire
JULY 19, 2022
Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday. The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. Through the crypto-lending program, Milo allows borrowers to pledge cryptocurrency through regulated custodians — crypto platforms such as Coinbase or Gemini — and thereby finance as much as 100 percent
Keeping Current Matters
JULY 20, 2022
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.
Brownstoner
JULY 21, 2022
The clock has run out on efforts to save Bed Stuy’s Jacob Dangler mansion: The New York City Department of Buildings issued a permit for full demolition of the building Tuesday. Video posted on Instagram by neighbors Wednesday shows demolition of the 1890s structure has started. Just over a week… Read More > The post Workers Tear Into Bed Stuy’s Beloved Dangler Mansion After Landmarks Fails to Act appeared first on Brownstoner.
Realty Biz
JULY 20, 2022
Saving for a down payment was always difficult for first-time buyers, but the recent increase in home prices has made things much more challenging. Finding a sizable down payment on a house of 10% or 20% can be daunting, but there are other options. Buyers do have a low down payment choice from federal programs, and there are assistance programs too.
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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.
Housing Wire
JULY 22, 2022
Women are not only dominating in the mortgage and real estate industry, but also they are making room at the table for a new generation of women to do the same. To help fuel this growth for future and current women, HousingWire is thrilled to have Marcia Davies, a HousingWire Women of Influence and the founder of mPower — an organization that helps women in the real estate finance industry expand their reach — at the Women of Influence Forum.
Eye on Housing
JULY 20, 2022
As rising mortgage rates and higher home prices weighed on housing affordability, existing home sales declined for five consecutive months, according to the National Association of Realtors (NAR). The trend in home price appreciation continued albeit at a slower rate as supply finally showed sign of improvement. The median existing home prices in June continued to surpass $400,000, the highest.
Brownstoner
JULY 20, 2022
The stoops and sidewalks of Bed Stuy will once again be art-filled with the return of the annual STooPS Art Crawl, which brings locals out to share their skills and connect with neighbors. Begun in 2013, the one-day event encourages the hosting of performances and display of art in yards,… Read More > The post Enjoy Creativity and Community With the Return of the Annual Bed Stuy STooPS Art Crawl appeared first on Brownstoner.
GeekEstate
JULY 20, 2022
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the Geek Estate Mastermind. Today’s showcase: Collabra]. A provider of digital marketing technology and services, Collabra offers a suite of products to help agents automate marketing materials and reach more buyers for each and every listing. Marketing assets in multiple media formats is particularly difficult for agents and teams handling multiple listings at a time so enlisting a marketing automation to
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.
Housing Wire
JULY 19, 2022
Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. However, the lenders and loan officers who will be most successful in the second half of 2022 will be those who pivot quickly, understanding both the nuances of the market and the best strategies to help solve problems for today’s homeowners, homebuyers, homesellers, Realtors and financial advisors.
Lighter Side of Real Estate
JULY 20, 2022
If you’ve been thinking about selling your house, you’ve probably heard that the market’s cooling off, or “resetting” (as Federal Reserve Chairman, Jerome Powell, recently put it.) So you might be wondering if that means you won’t be able to get as much money for your house as your neighbors did a few weeks back. On the other hand, there are still reports that house prices are still rising, like in this realtor.com article , which makes you wonder if you could actually get more money than they d
Maximum Exposure Real Estate
JULY 17, 2022
Listing Agent vs. Selling Agent In real estate sales, there are many terms that can confuse consumers. The jargon used in the industry almost seems endless. Unfortunately, many real estate agents forget that buyers and sellers don’t always know our terminology. Most don’t know there is a difference between a Realtor and a real estate […].
Fancy Pants Homes
JULY 20, 2022
Since Robert Kiyosaki’s book, Rich Dad, Poor Dad was first released in 1997, it has become a financial bible to people worldwide. Readers claim that the #1 New York Times bestseller has transformed their vision of money, changed their perception of wealth, and helped them realize their dreams of achieving financial freedom. For the uninitiated, the book is all about the importance of financial literacy, building wealth through assets, starting businesses, and investing in real estate.
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.
Housing Wire
JULY 21, 2022
Purchase mortgage rates increased for the second consecutive week but at a slower pace as the market chewed on the latest U.S. inflation data, the expectation of a tightening Federal Reserve ’s monetary policy, and its economic impacts. . After jumping 20 basis points last week to 5.50% , purchase mortgage rates increased this week to 5.54%, according to the latest PMMS survey from Freddie Mac.
Brownstoner
JULY 22, 2022
There were tears on Willoughby Avenue Thursday night as a crowd gathered to watch the demolition of Bed Stuy’s beloved Jacob Dangler mansion. "I'm sad, I'm hurt," longtime Willoughby Avenue resident Michael Williams told Brownstoner. Williams wasn't alone; others described the day as gut wrenching, demoralizing, deflating -- and many were… Read More > The post Bed Stuy’s Jacob Dangler Mansion Demolished in Hours.
Eye on Housing
JULY 18, 2022
The prices of goods used in residential construction climbed 1.5% in June (not seasonally adjusted) even as softwood lumber prices fell 23%, according to the latest Producer Price Index (PPI) report. Prices have surged 41.7% since January 2020. Building materials (i.e., goods inputs to residential construction, less energy) prices have increased 4.8%, year-to-date, and are 12.2% higher than they were.
Sotheby's International Real Estate
JULY 18, 2022
For any avid traveler, the ultimate question is “where to next?” The opportunity to venture to unfamiliar locales never gets old, and should never be taken for granted. Any time you pack a bag and set out for a change of place, pace, and scenery is a chance to broaden your horizons and nourish your being. When you realize you could happily live somewhere, or visit and vacation there regularly—then perhaps it’s worth considering acquiring a property.
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Housing Wire
JULY 21, 2022
Home listings grew, credit scores improved and tappable home equity increased in the second quarter of 2022 from the first quarter. Those the three areas represent an opportunity for lenders grappling with a deeply challenging mortgage market, Sales Boomerang said in its second quarter mortgage opportunities report. Sales Boomerang reviewed data from more than 170 residential mortgage lenders that use its platform to monitor millions of customer and prospect records.
Brownstoner
JULY 22, 2022
There's no pretending that this historic Tompkins County property is anything other than a major project, but the Federal stone house offers an amazing level of period detail, a protected landscape and a location near a state park with miles of hiking trails. The seller for the house on the market… Read More > The post Old-House Addict Wanted for an Evocatively Crumbling Finger Lakes Federal, Asking $275K appeared first on Brownstoner.
Maximum Exposure Real Estate
JULY 20, 2022
Tips For Buying a Home in The Suburbs One of the questions many buyers will ask themselves is should I buy a house in the suburbs or remain in the city. A Real Estate agent will also be questioned about the housing market and home prices in the suburbs vs. the city. It is not […]. The post Should You Buy a House in The Suburbs: Pros and Cons Explained appeared first on Maximum Real Estate Exposure.
Sotheby's International Real Estate
JULY 19, 2022
Named for a legendary Medieval Spanish knight, West Palm Beach’s El Cid enclave lives up to its bold moniker. El Cid is peppered with homes featuring 1920s Moorish-influenced architecture—including barrel-tiled roofs and ironwork railings—and streets with names like Granada and Valencia that radiate elegantly from Flagler Drive, which winds along the broad Intracoastal Waterway.
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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