August, 2022

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3 Graphs To Show This Isn’t a Housing Bubble

Keeping Current Matters

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble.

Marketing 249
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What’s Actually Happening with Home Prices Today?

Keeping Current Matters

One of the biggest questions people are asking right now is: what’s happening with home prices?

Marketing 309
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Housing Affordability Falls to Lowest Level Since Great Recession

Eye on Housing

Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), just 42.8% of new and existing homes sold between the beginning of April and end.

Mortgages 140
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Early 2022 Was The Culprit

BubbleInfo

Yesterday’s Case-Shiller Index for San Diego was 425.26, which is 11% higher than it was in January. But check how the trend increased between January and now. Prices rose as fast as ever in early 2021 (yellow above). If they would have mellowed out along my red line, then we would have experienced slightly-increasing prices […].

As-is 102
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The 2025 Real Estate Roadmap to Success

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.

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Number of new listings drops but inventory is climbing

Real Trends

As homebuyer demand slows, potential sellers are becoming more hesitant about listing their homes. During the four-week period ending on August 7, the number of new listings fell 12% year over year, according to a report published by Redfin on Thursday. This is the steepest decline in new listings since June 2020. Observers attribute the decline in new listings to sellers’ awareness of diminishing housing demand, as well as their trepidation of obtaining a new mortgage in this rising mortgage ra

Mortgages 115
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Are we in the middle of a housing bubble?

The American Genius for Real Estate

The phrase "housing bubble" is beginning to percolate in some circles, so let's break that down. The post Are we in the middle of a housing bubble? appeared first on The American Genius Real Estate.

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What Sellers Need To Know in Today’s Housing Market

Keeping Current Matters

If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months.

Marketing 248
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How to Find and Pick Inspectors For Houses

Maximum Exposure Real Estate

What is a Home Inspector? Are you looking to find an outstanding home inspector? Choosing a home inspector is part of the home buying process, a decision that can significantly impact your satisfaction with your future home. A home inspector is a professional engaged in performing the service of assessing a property’s condition. It can […].

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Sixth recession red flag raised, despite strong jobs report

Housing Wire

What a crazy day for my economic model! On the same day, the Bureau of Labor Statistics (BLS) revealed that we’ve recovered all the jobs lost to COVID-19 and I am raising my sixth recession red flag. When I wrote the America is back recovery model on April 7, 2020, and then retired it on Dec. 9, 2020, I knew one data line would lag the most: jobs!

Staging 545
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Younger buyers drive homeownership rate in Q2 2022

Real Trends

Despite rising home prices , rents and mortgage rates , nationwide, the homeownership rate was up and the rental vacancy rate was down during the second quarter of 2022 compared to a year prior, according to data released Tuesday by the U.S. Census Bureau. During the second quarter, the homeownership rate rose to 65.8% from 65.4% a year prior, which the reports notes is not a statistically significant difference.

Principal 137
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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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Can I Sell My House Without Both Owners’ Signatures?

HomeLight

DISCLAIMER: This blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of selling a home without the signature of all the owners, HomeLight encourages you to reach out to your own advisor. Selling a home is a big decision that can significantly impact everyone involved. Because home ownership is complex, the process of selling a home requires multiple steps and signatures to make sure that the ownership is conveyed from se

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Housing Market Forecast 2024 & 2025

Marco Santarelli

Here's what some of the experts predict will happen in the housing market in the next five years. According to Zillow, the current typical value of homes in the United States is $354,165. This value is seasonally adjusted and only includes the middle price tier of homes. In June 2021, the typical value of homes was $295,000. Home values have gone up 19.8% over the past year.

Marketing 133
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Why You May Want To Start Your Home Search Today

Keeping Current Matters

If you’re thinking about buying a home, you likely have a lot of factors on your mind.

Marketing 301
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What Does a Real Estate Agent Do For Buyers and Sellers

Maximum Exposure Real Estate

What Does a Real Estate Agent Do All Day Anyway? Lots of people wonder what a real estate agent does on a daily basis. In the real estate business, a real estate agent’s day can be constantly different. Do they sit around all day waiting for the phone to ring? Do they really do anything […]. The post What Does a Real Estate Agent Do For Buyers and Sellers appeared first on Maximum Real Estate Exposure.

Agents 145
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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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Homebuilders are done until mortgage rates fall

Housing Wire

Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall. Housing completion data is still struggling to get some traction, but in the coming months, builders should be able to get more housing completions done while housing permits and starts for single-family homes are in decline.

Mortgages 533
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Builder Confidence Falls for Eighth Consecutive Month

Eye on Housing

Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges. In another sign that a declining housing market has failed to bottom out, builder confidence in the market for newly built single-family homes fell six points in August to 49, marking the.

Marketing 132
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When Will Mortgage Rates Go Down? It’s Hard to Say, But Housing Experts Weigh In

HomeLight

With mortgage interest rates in flux and trending upward after nearly two years of rock-bottom percentages, prospective homebuyers across the country are wondering when mortgage rates will go down again. While no one can predict these kinds of things with absolute certainty, understanding how mortgage rates work — including the factors that drive these numbers in the first place — can lend valuable context clues.

Mortgages 135
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Anticipating Cold Weather, Ticket Sales Launch for Return of Lightscape to Brooklyn Botanic Garden

Brownstoner

It is months away, but perhaps thinking about an illuminated cold-season walk through the crisp air at Brooklyn Botanic Garden will get you through the rest of the summer heat. The glimmering spectacle, which debuted in 2021, will light up the garden from November 16 through January 8, 2023, with some… Read More > The post Anticipating Cold Weather, Ticket Sales Launch for Return of Lightscape to Brooklyn Botanic Garden appeared first on Brownstoner.

Sales 127
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Selling Your House? Your Asking Price Matters More Now Than Ever

Keeping Current Matters

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years.

Marketing 297
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Best Tips For Estate Sellers

Maximum Exposure Real Estate

What is an Estate Sale? Are you a potential estate seller? The words “estate sale” can mean different things to different people. There are indeed multiple ways to interpret the definition of an estate sale. For example, most people who are not real estate agents think of an estate sale as an auction where furniture […]. The post Best Tips For Estate Sellers appeared first on Maximum Real Estate Exposure.

Sales 135
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Is housing inventory growth really slowing down?

Housing Wire

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. What does this mean? Some have said this is evidence of a soft landing for housing since we are in August and it doesn’t look like we are going to even get to the peak inventory levels we saw in 2019 this year, or even breach the lower levels of 2019 on the national data.

Land 526
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A Fee Free Rental Platform

GeekEstate Agents & Brokers

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Dwellsy] With rent prices getting higher than most tenants can keep up and an application process for good units that feels more like applying for a job than a place to live, renting these days is tough. Before even having to afford, apply, get approved for, and move into a new place tenants need to find it, preferably without pay-to-play search results.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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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Building Materials Prices Increase in July as Concrete Surges

Eye on Housing

The prices of building materials rose 0.4% in July (not seasonally adjusted) even as softwood lumber prices increased 2.3%, according to the latest Producer Price Index (PPI) report. Prices have surged 35.7% since January 2020, although 80% of the increase has occurred since January 2021. The PPI for goods inputs to residential construction, including energy, decreased 1.2% as the prices of.

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Modern Convenience for Tenants, Protection for Owners

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: SmartRent]. The idea of a Smart Home has been an awe-inspiring staple in portrayals of the future. Although we don’t have completely autonomous homes that can make a strawberry smoothie with a voice command as depicted in the movie Smart House , the technology is getting smarter and more accessible to homeowners every year.

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Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. Connect with a local real estate professional so you can make your best move this year.

Marketing 295
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Appraisal Myths Too Many Sellers Believe

Maximum Exposure Real Estate

Home Appraisal Myths You Need to Know The home appraisal process can be nerve-wracking for many sellers. You probably already listed your home, and even received an offer, and now someone is coming in to tell you what the house is worth? Someone who can quickly state a price that sinks your sale? It only […]. The post Appraisal Myths Too Many Sellers Believe appeared first on Maximum Real Estate Exposure.

Sales 132
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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This app lets homeowners generate floor plans of their homes for free

Housing Wire

In a recent survey by the National Association of Realtors , floor plans ranked as the third most desired listing feature for homebuyers, after photos and detailed listing information. But floor plans are a relative rarity on multiple listings services: only 10-15% home listings in the U.S. have floor plans. CubiCasa , a real estate software company based in Finland, launched a new product to enable homeowners to generate floor plans at no cost through their app.

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Buy a New Construction Home Using These 14 Tips from a Top Agent

HomeLight

Buying a new construction home can be intimidating. While the builder will have options to choose from, you still have to decide on a lot: Choose a floor plan, decide on upgrades, find financing, and make decisions that you may not expect to make. If decisions aren’t your thing, you might be able to buy a new construction home that is already built and ready for you to move in.

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Buyers’ Expectations of Housing Availability Improve

Eye on Housing

For the first time since 2020, prospective buyers expect housing availability to improve. After falling steadily for five quarters, the share expecting the home search to get easier in the months ahead grew from 17% to 22% between the first and second quarters of 2022. Less competition from buyers priced-out of the market by recent increases in mortgage rates is.

Mortgages 126
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Home Renovations That Offer the Best ROI for Resale

Coldwell Banker

Renovations That Add ROI. The post Home Renovations That Offer the Best ROI for Resale appeared first on Coldwell Banker Blue Matter.

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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.