Sat.Dec 02, 2023

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Mortgage rates should drop below 7% as housing demand picks up

Housing Wire

What a week! Mortgage rates almost fell below 7%, the 10-year yield is below 4.25% again, and people are seriously talking about Fed rate cuts in 2024. Times can change quickly, which is why we created the weekly tracker so you have the information you need in real-time. Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it has created four straight weeks of positive purchase application data.

Mortgages 543
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A guide to the real estate commissions cases

Real Estate News

Trying to keep up with all of the recent lawsuits? Here’s a cheat sheet.

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11 ways to say no (without actually having to say no)

Inman

Setting boundaries and saying no doesn't have to be so difficult with help from best-selling author Jay Papasan. He offers a range of options from delicate to direct to help you guard your time and energy.

Brokerage 186
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High-End Hospitality: 5 Welcoming Guesthouses

Sotheby's International Real Estate

Whether in California’s wine country or on the rolling plains outside historic Santa Fe, these estates offer guesthouses that allow visitors to unwind in seclusion and consummate style. Quintessential Wine Country Retreat Holly Bennett | Sotheby’s International Realty – Sonoma Brokerage This 5.96-acre Kenwood retreat was designed for quintessential wine country living.

Brokerage 115
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Abandoning NAR won’t help us reclaim our legacy and lead change

Inman

Agents industrywide are tempted to give NAR the cold shoulder, but coach Darryl Davis says that is not the solution to fix the major problems at hand.

Agents 142
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Will Mortgage Rates Ever Be 3% Again?

Marco Santarelli

Many people who are looking to buy a home in the US are wondering if they will ever see mortgage rates as low as 3% again. After all, just a year ago, the average 30-year fixed-rate mortgage was around 3.1% , according to Freddie Mac. That was a historic low that made homeownership more affordable for millions of Americans. But since then, mortgage rates have been steadily rising.

Mortgages 105

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The Technological Revolution: Transforming the Landscape of the Real Estate Industry

Realty Biz

The real estate industry is a dynamic one that changes regularly. Keeping up with it means embracing new technology as it shapes the way we manage property searches, buying, selling, and just about every aspect of our daily business. Business, Technology, Internet and network concept. In this article, [link] discusses the game-changing impact of technology in the modern real estate industry.

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Build Oceanview Dream Homes

BubbleInfo

I just listed this Terramar property for sale that allows for 60% FAR coverage, which should mean that two 3,600sf oceanview homes with ADUs for could be built on this R-2 lot and it’s only $2,000,000! The two homes should be worth around $4 to $5 million each when done.

Sales 52
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Will Interest Rates Go Down in 2025?

Marco Santarelli

Interest rates play a pivotal role in shaping the economic landscape, influencing factors such as inflation and financial markets. The Federal Reserve , commonly known as the Fed , serves as the central bank of the US, determining the target for the federal-funds rate. This rate signifies the interest that banks charge each other for overnight loans.

Banks 52
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Encinitas 1980s Spanish

BubbleInfo

Compass agent Nikol has this new listing in Ranchview Estates, which has some of the best easterly views of Olivenhain and Rancho Santa Fe:

Agents 52
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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20 Most Affordable Places to Live in Georgia (2023)

Marco Santarelli

Are you looking for affordable places to live in Georgia? Georgia is a state with a rich history, diverse culture, and stunning natural beauty. One of the best things about Georgia is its affordability. Many communities offer a low cost of living, making it easy to make ends meet. Whether you're looking for a small town with a laid-back atmosphere or a larger city with plenty of amenities, Georgia has something to offer everyone.

Banks 52
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Where to Move

BubbleInfo

This week’s articles on where to move: [link] [link] [link]

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Santa Cruz Housing Market Forecast: Will it Crash in 2023 or 2024?

Marco Santarelli

The Santa Cruz housing market is a dynamic and competitive landscape that reflects the unique characteristics of this coastal city. Let's delve into the current house prices and trends in Santa Cruz. Current Santa Cruz Market Trends According to Redfin, in October 2023, Santa Cruz home prices remained relatively stable, showing a marginal change of 0.05% compared to the previous year.

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How Much Is Condo Insurance for Real Estate Investors?

Mashvisor

Investing in a condo comes with its own challenges compared to other rental property types.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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SAS Predicts 12 AI Realities and Myths for 2024

Realty Biz

AI's impact on the job market and society is a topic of much debate. However, its potential to assist businesses in making informed decisions is undeniable. Artificial intelligence (AI) has permeated various aspects of our lives, sparking discussions about its possibilities and challenges. Will we witness the realization of AI's capabilities in the upcoming year?