Sun.Jan 28, 2024

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Housing demand rises as inventory falls

Housing Wire

Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the lowest bar ever with demand, so let’s add historical context to the data. But, even with mortgage rates higher this year than last year, demand is rising. Purchase application data As we get closer to the end of the first month of 2024, forward-looking purchase application data looks good.

Mortgages 525
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In Focus: How AI is transforming lead generation

Real Estate News

Keeping up with technology can feel overwhelming, but it doesn't have to be that way, says Lofty CEO Joe Chen, who discussed how AI can add value for agents.

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10 powerfully effective ChatGPT prompts for 2024

Inman

Jimmy Burgess shares 10 specific prompts designed for real estate agents that will help you generate leads, grow your business and serve your clients at the highest level possible.

Design 193
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Fannie Mae’s Mortgage Rate “Range” to Expect in 2024 and 2025

Bigger Pockets

Home prices will rise, home sales will jump, and mortgage rates will fall to a familiar range, according to Fannie Mae’s Doug Duncan.

Mortgages 123
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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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Are We in a Recession or Inflation in 2024?

Marco Santarelli

This is a question that many people are asking as we enter a new year with uncertainty and volatility in the global economy. The answer is not straightforward, as different indicators and forecasts suggest different scenarios. In this blog post, we will look at some of the factors that could influence the US economy in 2024, and what they mean for consumers, businesses, and investors.

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How to Use Home Equity, 401(k)s, or IRAs to Invest in Real Estate

Bigger Pockets

Got home equity? Great, because today we’re showing you how to use home equity to invest in real estate, even if you’re low on cash.

Equity 119

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Top 10 Brooklyn Real Estate Listings: A Limestone in Crown Heights, a Co-op in Prospect Heights

Brownstoner

The most popular listings on Brownstoner this week include a co-op in Park Slope, a row house in Midwood, and a semi-detached Tudor in Marine Park. Popular listings were scattered across the borough again this week. The least expensive property on the list is a Park Slope co-op at $750,000… Read More > The post Top 10 Brooklyn Real Estate Listings: A Limestone in Crown Heights, a Co-op in Prospect Heights appeared first on Brownstoner.

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How to Convert Bonus Space in Investment Property

Ideal REI

Converting Bonus space in a property is one of the best ways to create value for you and a tenant. This could include attics, basements, garages, or even large closets. In the context of investment properties, these spaces often represent untapped opportunities that, when effectively converted, can significantly enhance the property’s value and appeal.

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Open House Report, January

BubbleInfo

One house doesn’t speak for the whole market but it sure felt like it was already peak selling season this weekend.

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Best Landlord Books

Ideal REI

So, you’ve decided you want to be a landlord. Welcome to the club! Being a landlord is requires you to: It is a 24/7 job and everyone’s problems become your problems…because if you ignore them, then you may not get paid. But, it’s not all bad. Being a landlord means you have a steady stream […] The post Best Landlord Books appeared first on Real Estate Investing.org.

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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.