Why This Housing Market Is Not a Bubble Ready To Pop
Keeping Current Matters
APRIL 21, 2022
Homeownership has become a major element in achieving the American Dream.
Keeping Current Matters
APRIL 21, 2022
Homeownership has become a major element in achieving the American Dream.
Eye on Housing
APRIL 13, 2022
According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 1.4% in March, following an upwardly revised increase of 2.2% in February and 4.1% in January. This adds up to an 8% jump in building materials prices since the start.
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Miller Samuel INC
APRIL 14, 2022
For each issue of Elliman Magazine produced by Douglas Elliman , the same company that publishes most of our U.S. market research , I write a brief column and create a graphic to illustrate an important issue facing the luxury housing market. Of course, the graphic I create is then supercharged by their very talented graphics staff. Listing inventory has essentially collapsed in most U.S. housing markets as unusually low rates against the backdrop of robust economic conditions have burned off su
Housing Wire
APRIL 20, 2022
A Department of Veterans Affairs lending program for Native American veterans has been severely underutilized, a government watchdog found. According to a report the Government Accountability Office published this week, the VA’s Native American Direct Loan program only resulted in 89 loans originated in the continental U.S. from 2012 to 2021. This represents less than 1% of the estimated potentially eligible population of 70,000 veterans, the watchdog agency said.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
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?
Lighter Side of Real Estate
APRIL 6, 2022
You’re probably well aware that mortgage rates are rising. At the same time, home prices don’t seem to be coming down, there’s still a ton of competition, and you’re probably no stranger to bidding wars when you make an offer on a house. So you might be searching for a way to maintain the buying power you had when rates were a little lower, or just a competitive edge so you can offer a little more for the houses you bid on.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
RIS Media
APRIL 8, 2022
Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers.
Sotheby's International Real Estate
APRIL 30, 2022
From a modernist masterpiece in Southern California to historic compound in the Hamptons, these homes are surrounded by lush green spaces that extend their interior luxury to the outdoors. Sophisticated San Francisco Victorian. San Francisco, California | Josh McAdam, Sotheby’s International Realty – San Francisco Brokerage. On a stately block in the quiet, convenient Jordan Park neighborhood, this impressive Victorian residence features five bedrooms, a wine cellar, and wonderfully scaled
Housing Wire
APRIL 5, 2022
The Metaverse is defined as the simulated digital world that mimics the real world through virtual reality and augmented reality in which users can interact. As the Metaverse expands, its offerings now include “virtual” real estate. But what does virtual real estate mean for real-world mortgage professionals? Defining virtual real estate. “Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land.
Maximum Exposure Real Estate
APRIL 9, 2022
Differences Between Real Estate Agents, Realtors, and Brokers One of the questions I often get is if there is a difference between a Realtor®, Real Estate agent, and a broker. The difference between a real estate agent and Realtor® is significant. Hiring someone to help you with a real estate transaction can sometimes be confusing […]. The post Real Estate Agents vs.
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.
Eye on Housing
APRIL 18, 2022
Rapidly rising interest rates combined with ongoing home price increases and higher construction costs continue to take a toll on builder confidence and housing affordability. Builder confidence in the market for newly built single-family homes moved two points lower to 77 in April, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Keeping Current Matters
APRIL 20, 2022
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%.
Coldwell Banker
APRIL 15, 2022
You may be ready to start an exciting adventure in a new home, but what about your pets? Some furry family members may find moving to an unfamiliar place stressful, but there are ways to ease them into it with a little advance planning. Pet-Friendly Properties Living harmoniously with pets is a top priority for […]. The post Smart Moving Tips for Homeowners With Pets appeared first on Coldwell Banker Blue Matter.
Sotheby's International Real Estate
APRIL 2, 2022
Carefully selecting interior design shades is an easy way to create a reliably stylish ambience in a home. These residences—from Fifth Avenue to California wine country—turn up the sophistication with swaths of calming neutral colors. Waterfront Oasis. Tiburon, California | Josh Burns, Sotheby’s International Realty – San Francisco Brokerage. This distinctive three-bedroom residence enjoys unobstructed views from its coveted waterfront lot.
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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.
Housing Wire
APRIL 14, 2022
Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of rea
Maximum Exposure Real Estate
APRIL 11, 2022
How to Make an Offer For a House Buying a house in today’s competitive market can be a real challenge. Potential buyers need to understand that making offers could become a routine before landing your dream house. It’s an extreme seller’s market where a bidding war is a norm and not the exception. It’s a […]. The post Making Offers on Houses: What You Need to Know appeared first on Maximum Real Estate Exposure.
HomeLight
APRIL 21, 2022
Even in a seller’s market, selling a house can be a lengthy ordeal. From catching up on those repairs you’ve put off for years, to staging, showings and longing to get competitive offers, the process can leave you wanting assistance. The commonality of the experience gave rise to a tradition that has become part of home-selling folklore — the act of burying a St.
Keeping Current Matters
APRIL 25, 2022
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted.
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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.
GeekEstate
APRIL 5, 2022
This week, we interviewed Stephen Baker from Zego. Let’s get to it! Who are you and what do you do? My name is Stephen Baker and I’m the President and General Manager of Zego, a property technology company that helps operators modernize the resident experience to boost retention and improve efficiency. In my role as President and General Manager, I manage Zego’s growing resident experience management business, utilized by 12M+ residential units, more than 6,000 property clients, and over 3
Sotheby's International Real Estate
APRIL 23, 2022
Whether classical or colorfully modern, a fountain brings the serene sounds of water to any estate. Each of these five homes—from the Connecticut to California—uses a fountain to turn an outdoor area into an oasis that is both eye-catching and calming. California Meets Bali. Shelton Wilder, Sotheby’s International Realty – Brentwood Brokerage.
Housing Wire
APRIL 13, 2022
Mortgage application volume dropped 1.3% for the week ending on April 8, from the previous week, as mortgage rates eclipsed the 5% mark. Refinance applications fell 5% from the prior week and 62% from the same week a year ago, according to the Mortgage Bankers Association ‘s weekly survey. “Mortgage rates have spiked more than 1.5 percentage points thus far in 2022,” Mike Fratantoni, MBA’s senior vice president and chief economist, said in a statement.
Maximum Exposure Real Estate
APRIL 26, 2022
Tips For Finding Out if Someone Died in a House Searching for your ideal home can take time. Even when you think you’ve discovered the right house, it can be hiding secrets. The older the home is, the more likely something has happened inside that could affect whether you want to buy or not. Many […]. The post How to Know if Someone Died in a House appeared first on Maximum Real Estate Exposure.
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.
HomeLight
APRIL 17, 2022
When selling a home, there’s a lot of work just to prep your house for sale. However, real estate agents say it’s not uncommon for clients to forget something when prepping. We’ve assembled this list of the top things you can take care of to help your home make a great impression, entice buyers, and attract great offers. Some of these items may seem like no-brainers, but we bet there are a few that you never thought of!
Keeping Current Matters
APRIL 5, 2022
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information.
Eye on Housing
APRIL 8, 2022
According to the latest May 2021 Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $49,070 and the top 25% make at least $75,820. In comparison, the U.S. median wage is $45,760, while the top quartile (top 25%) makes.
Sotheby's International Real Estate
APRIL 5, 2022
Combining the storybook style of English countryside cottages with the refinement and luxury of a contemporary American estate, this regal manor is tucked amid trees and a formal parterre in the bucolic Tall Timbers area of Houston’s prestigious River Oaks. The setting is peaceful and private, yet the amenities of downtown and the famed Galleria are minutes away.
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
APRIL 11, 2022
Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Wait, what? But we have a housing shortage, right? Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built
Coldwell Banker
APRIL 6, 2022
Extra, extra! Read the top news items that ran in March about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top Coldwell Banker Stories of the Month – March 2022 appeared first on Coldwell Banker Blue Matter.
HomeLight
APRIL 29, 2022
When it comes to getting your house ready to sell, Maryland real estate agent Bob Lucido likens it to putting yourself on a dating site. “We want people to fall in love with the house and that starts from the outside, every component,” says Lucido. “First impressions make a ton of impact to a potential buyer, so what we do is critique the exterior thoroughly but don’t overdo it.”.
Keeping Current Matters
APRIL 1, 2022
Some Highlights. Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.
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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.
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