Housing Wire
FEBRUARY 19, 2024
California looms large in any discussion of housing affordability. The largest state by population, one out of every eight Americans lives in the Golden State, but the homeownership rate is dismal. According to Ben Metcalf, managing director of the Terner Center for Housing Innovation at UC Berkeley, the homeownership rate for California is 50 percentage points lower than the rest of the nation at only 44% in 2021.
Keeping Current Matters
FEBRUARY 19, 2024
If you're thinking of selling your house this spring, now is the perfect time to start getting it ready.
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Housing Wire
FEBRUARY 19, 2024
Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. The chronically distressed properties cycled in and out of foreclosure for an average of 475 days, resulting in a lost equity rate of more than $5,000 a year and nearly $450 a month.
Real Estate News
FEBRUARY 19, 2024
UtahRealEstate.com CEO Brad Bjelke believes the wealth of data provided by MLSs makes them “more important today than at any point in time.
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.
Inman
FEBRUARY 19, 2024
The Triple-I goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey.
Real Estate News
FEBRUARY 19, 2024
New messages from Interim CEO Nykia Wright and President Kevin Sears lay out changes to “presidential initiatives,” NAR’s Leadership Team and culture work.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
FEBRUARY 19, 2024
Buying land represents a pivotal investment in one's future. Unlike purchasing a ready-made home, it offers the flexibility to design and build according to personal or business needs. However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives.
Inman
FEBRUARY 19, 2024
When buyers express reluctance, they’re not necessarily telling you they don’t want to move forward, Luke Babich writes. Sometimes, they’re asking you to help them move forward.
Bigger Pockets
FEBRUARY 19, 2024
From stocks to real estate to crypto to advertising on your car, passive income is the core goal of any investor. So how can you make the most of your opportunities in 2024?
Inman
FEBRUARY 19, 2024
Becoming a landlord can be a promising avenue for generating passive income and building wealth — but it's not without challenges.
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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.
Eye on Housing
FEBRUARY 19, 2024
Single-family built-for-rent construction accelerated at the end of 2023, as builders sought to add additional rental housing in a market facing elevated mortgage interest rates. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 22,000 single-family built-for-rent (SFBFR) starts during the fourth quarter of 2023.
Inman
FEBRUARY 19, 2024
Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy.
Bigger Pockets
FEBRUARY 19, 2024
In his recent article, BiggerPockets CEO Scott Trench did a great job enumerating all the reasons why multifamily is in the difficult position it’s in.
Inman
FEBRUARY 19, 2024
As a result of the delivery of 540,000 new apartments during 2024, Yardi is predicting weak rental price growth in some markets.
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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.
Propmodo
FEBRUARY 19, 2024
Cushman & Wakefield hasn’t been the leader in commercial real estate when it comes to deploying cutting-edge new tech like AI. CBRE has already deployed its AI building management tech on 1 billion square feet of space they are managing. JLL isn’t far behind. They have invested in numerous tech companies via their venture arm Spark, acquired AI startup Skyline AI in 2021, and hired a CTO to focus on developing and deploying new tech.
Inman
FEBRUARY 19, 2024
From client screening to cybersecurity and more, it's essential for you to take care of yourself and stay safe in today's world. Security expert Tracey Hawkins offers a range of strategies to improve your odds.
Seattle Times Real Estate
FEBRUARY 19, 2024
The Eastside city gets a fully funded affordable-housing project that will serve mostly people leaving homelessness. Redmond is winning praise for the decision.
Inman
FEBRUARY 19, 2024
A founding member of the company's go-to-market team, Goldberg outlines what it takes to make ChatGPT and other AI-based platforms work for you and your real estate business.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Maximum Exposure Real Estate
FEBRUARY 19, 2024
Realtors Over Inflating Market Value Do real estate agents mislead sellers about the value of their homes? You bet they do, and it happens all the time! While a real estate agent telling a seller an unrealistic value for their home is as old as the whole business of selling real estate, it becomes more […] The post Don’t Be Mislead About The Market Value of Your Home appeared first on Maximum Real Estate Exposure.
Bigger Pockets
FEBRUARY 19, 2024
Rental properties have been one of the largest real estate industry sectors to be hit by the increase in interest rates.
Brownstoner
FEBRUARY 19, 2024
By Kirstyn Brendlen, Brooklyn Paper As the Metropolitan Transportation Authority prepares to release its final draft plan for the Brooklyn Bus Network Redesign, residents in parts of western and central Brooklyn want to revive a long-dead bus line. The B71, which used to run from Van Brunt and Union streets in the… Read More > The post Brooklynites Ask MTA to Revive B71 in Brooklyn Bus Redesign appeared first on Brownstoner.
Lab Coat Agents
FEBRUARY 19, 2024
Artificial Intelligence has transformed the real estate industry, forever changing the day-to-day work habits of agents, brokers, mortgage lenders and developers — not to mention homeowners! AI-powered platforms can generate property recommendations tailored to each client’s personal tastes, and bots can sift through new leads to match the ideal consumer with the right real estate professional.
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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.
Marco Santarelli
FEBRUARY 19, 2024
Housing affordability is a major concern for many Americans, especially renters who face rising rents, stagnant incomes, and a limited supply of low-cost units. Housing affordability is not expected to see a major improvement in 2024 due to tight rental markets and high property prices. According to a recent report by the Joint Center for Housing Studies of Harvard University , half of all US renters were cost-burdened in 2022, meaning they spent more than 30 percent of their income on rent and
Brownstoner
FEBRUARY 19, 2024
A spacious one-bedroom in a late '30s elevator building comes with original details, modern updates, and good storage. It's on the third floor of 40 Ocean Parkway in Windsor Terrace. The six-story, 67-unit red brick building was designed by the Cohn Brothers and built in 1939. Neo-Colonial details include pilasters, quoins,… Read More > The post Windsor Terrace Co-op With Built-ins, Penny Tile, Walk-in Closets Asks $599K appeared first on Brownstoner.
Windemere Selling
FEBRUARY 19, 2024
After years of collecting furniture, plants, and memories, the thought of preparing your home to sell and moving to a new one can be daunting and stir up a lot of emotions. But selling your home doesn’t have to be stressful; here are a few tips to help make it easier. Involve your agent early The earlier you involve your Windermere Real Estate agent, the better they can set you up for success.
Maximum Exposure Real Estate
FEBRUARY 19, 2024
Understanding Massachusetts Title V Approval Is it possible when buying a Massachusetts home, the Title V inspection report you receive as evidence that it has passed is invalid? YES, it is! When selling a home in Massachusetts, one of the requirements of every homeowner is to perform what is known as a Title 5 septic […] The post Your Massachusetts Title V Might Have Failed appeared first on Maximum Real Estate Exposure.
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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.
Bigger Pockets
FEBRUARY 19, 2024
If you want to reach early retirement, especially in your thirties, you’ll need to take some big risks.
BubbleInfo
FEBRUARY 19, 2024
In the last week, the number of NSDCC active listings shot up by 12%, and the number of pendings dropped 10%, which at first glance looked like a bunch of escrows blew up. But it was more due to the number of closings. There were 35 escrows that closed last week, bringing the February total […] The post Inventory Watch first appeared on bubbleinfo.com.
Bigger Pockets
FEBRUARY 19, 2024
Want to know how to set your kids up for LIFE? The answer is pretty simple: rental properties.
Sotheby's International Real Estate
FEBRUARY 19, 2024
Prestigious car events have long been synonymous with style and luxury. The recipe for success? Cars. Design. Style. Elegance. RM Sotheby’s has joined with Sotheby’s and Moda Events in building ModaMiami, a new destination for car enthusiasts encompassing the rare, prestigious, and eclectic, combined with other luxury entertainments. Over the multi-day affair, enthusiasts can enjoy what they love most: rare, unique, and awe-inspiring vehicles, from the auction preview on Thursday, February 29, t
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.
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