RIS Media
JUNE 25, 2023
For REALTORS®, selling a house should be the start of a relationship with a client, not the end. As you keep in touch with buyers, providing expertise will enhance your standing. Owners want to improve their properties with any number of projects. But what’s appealing to some can be appalling to others. They should understand… The post 4 Best (and Worst) Projects for a Home’s Resale Value appeared first on RISMedia.
Housing Wire
JUNE 9, 2023
Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. They went all in during COVID-19 in 2020, doubled down in 2021 as the forbearance crash bros but really bet the farm on a massive home-price crash in 2023 after the most significant home sales crash ever in 2022.
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Inman
JUNE 1, 2023
Doctorow oversaw the company as its revenues and site traffic rose to record highs, the company said. But as with the rest of the industry, Move has shown signs of a slowdown.
Sotheby's International Real Estate
JUNE 30, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Brisbane, Queensland, Australia | Queensland Sotheby’s International Realty The mansion, owned by a JLL executive, is hitting the market for A$20 million. A Brisbane Equestrian Compound Is on Sale for $13.2 Million – Bloomberg The Gallery-Like Home of Collector Chara Schreyer, Who Championed ‘Strange’ Art, Has Come to Market in San Francisco – artnet Bulgaria’s Most Expensive Home Lists fo
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.
HomeLight
JUNE 9, 2023
You’ve been browsing for a home when suddenly a particular listing catches your eye. It’s a lovely four-bedroom Colonial, beautifully presented in the heart of a mature neighborhood. But as your eyes scan the details of the listing, you come across a term that makes you pause: “Contingent.” So, what does contingent mean in real estate?
Eye on Housing
JUNE 26, 2023
The failure of several banks in 2023 and the ensuing stress in U.S. financial markets has had an effect that some builders and developers are beginning to notice, according to two recent NAHB surveys. In one of the surveys, roughly three-in-five builders and developers reported that loans for land acquisition, land development and speculative single-family construction have become more difficult.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Redfin
JUNE 2, 2023
We’re officially welcoming the month of June, which means it’s time for Pride! The first Pride march dates back to June 28, 1970, one year after the Stonewall Uprising. Thousands took to Los Angeles, Chicago, and New York streets to commemorate the event and display their support for equal rights. Today, millions of attendees worldwide march through cities to celebrate the fight won and reinforce their support for the work ahead.
Bigger Pockets
JUNE 21, 2023
Rent growth has been on a downward trajectory for a while now, but it finally crossed the negative line. What does this mean for investors?
Housing Wire
JUNE 7, 2023
After the recent extraordinary show of force defending changes to LLPAs by federal regulators and their friends, the forest through the trees risk remains in focus to me. One of the great concerns I have, as both a former regulator and the former head of a major industry trade association, is the downside risk of keeping the GSEs in conservatorship any longer.
Real Estate News
JUNE 27, 2023
New home sales are up 20% year-over-year, according to the U.S. Census Bureau, and lower median prices could help first-time buyers.
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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.
Inman
JUNE 21, 2023
Bob Goldberg's contract will expire Dec. 31, and the executive plans to retire after three decades at NAR and four decades in real estate, according to the National Association of Realtors.
Brownstoner
JUNE 20, 2023
The historic secret aid society run by Black women that has a headquarters in the magnificent but dilapidated building at 87 MacDonough Street was granted a tax exemption today, according to New York City Council Member Justin Brannan. Brannan, chairman of the committee on finance, said in an email that the… Read More > The post Breaking: Secret Order of Tents Society Granted Tax Exemption, Protecting Historic Bed Stuy HQ appeared first on Brownstoner.
RIS Media
JUNE 27, 2023
When you move into a house in a homeowners association (HOA) neighborhood, you might want the fees they charge to be as low as possible. Buying a home is a significant expense, and you might want to reduce costs where you can. But are low HOA fees a good idea? You might assume smaller bills… The post What Are the Advantages and Disadvantages of Low HOA Fees?
Sotheby's International Real Estate
JUNE 24, 2023
Whether a restyled former synagogue or a transfigured community theater, these four properties have been painstakingly, fashionably modified, respecting each one’s provenance while introducing architectural and aesthetic innovations. Sonoma’s Ruby Stone Building Ginger Martin | Sotheby’s International Realty – St. Helena Brokerage History meets modern luxury in this distinctive 6,743-square-foot property just a block from the Sonoma Plaza.
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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
JUNE 22, 2023
The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Just when I thought I was out, they pull me back in. What do I mean by savagely unhealthy? One of the critical data lines I track is the days on market, and when that breaks under 30 days it’s a dangerous sign, but when we get into the teenager level or lower, it’s a red alert.
Real Estate News
JUNE 19, 2023
In light of ongoing lawsuits, brokers need to prepare their buyer agents to communicate their value and respond to objections around agreements and fees.
Inman
JUNE 30, 2023
The National Association of Realtors tapped an independent law firm to investigate sexual and racial harassment allegations, ultimately choosing to "reject" claims made by a former employee.
HomeLight
JUNE 14, 2023
Most home renovation shows would have you believe that gutting and remodeling your house is as simple as a 30-minute programming block. Draft up some pretty designs, get crazy with a sledgehammer, lay some tile, and bam — your dream house is complete. The reality is a little more complicated, not to mention pricey. According to HomeAdvisor, a full home renovation costs $150,000 on the high end, and that doesn’t account for unexpected bumps along the way.
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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.
RIS Media
JUNE 20, 2023
In the world of real estate, competition can be fierce. Multiple buyers are not uncommon to be interested in the same property. When another offer has been accepted on a house you set your heart on, there is still hope in the form of a backup offer. A backup offer allows you to position yourself… The post The Pros and Cons of a Backup Offer on a House appeared first on RISMedia.
Sotheby's International Real Estate
JUNE 3, 2023
Choosing bold paint shades is an effortless way to transform an interior space from commonplace to compelling. These spirited residences succeed with vivid, eye-catching doses of color in a variety of spaces. Fifth Avenue Aerie Elizabeth L. Sample, Brenda S. Powers | Sotheby’s International Realty – East Side Manhattan Brokerage High above Fifth Avenue in East Harlem, this dramatic 3,045-square-foot condominium residence is a sophisticated aerie with magnificent views and floods of natural
Housing Wire
JUNE 20, 2023
The U.S. single-family rental market is still strong, but the pace of rent increases has cooled significantly over the past year. The market is looking more like 2019 than the price spikes witnessed during the pandemic. U.S. single-family rent increases in May registered a 3.7% gain, compared to the 14.2% growth observed in the same month in 2022, according to Corelogic ’s Single-Family Rent Index (SFRI).
Real Estate News
JUNE 30, 2023
MLS PIN has agreed to pay $3 million and stop requiring sellers to offer buyer-broker compensation, a practice at the core of two other major lawsuits.
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.
Inman
JUNE 2, 2023
While AI has the potential to automate and certainly enhance many aspects of the real estate industry, writes California Realtor Ken Sisson, it is unlikely to replace human agents completely anytime soon.
Calculated Risk Real Estate
JUNE 23, 2023
Each month I track closed sales, new listings and active inventory in a sample of local markets around the country (over 40 local housing markets) in the US to get an early sense of changes in the housing market. In addition, we can look for regional differences. For example, listings in Texas and Florida are up more than in most other areas , and sales are down less year-over-year.
RIS Media
JUNE 20, 2023
Despite significant doom and gloom in other macroeconomic areas, data on housing starts is providing a positive counterpoint, underscoring increased confidence around the near future of housing as buildings and developers push construction of new units to a 13-month high. A massive 21.7% increase from the previous month put new starts at a seasonally adjusted… The post Huge Surge in Housing Starts Defies Predictions appeared first on RISMedia.
Sotheby's International Real Estate
JUNE 17, 2023
Cookbook author Claudia Roden’s assertion that “everything tastes better outdoors” is certainly true at these four distinctive homes with alfresco dining spaces. Every meal is accompanied by views of verdant vineyards, majestic mountains, and other idyllic settings. Modern Elegance in Houston Cortney Cole-Hall | Martha Turner Sotheby’s International Realty Inspired in design, this modern six-bedroom home in Houston’s Bellaire community is ideal for peaceful day-to-day living and festive e
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
JUNE 27, 2023
New home sales are up 20% year over year, and existing home sales are down 20% year over year; this is something we don’t see very often. One group has the advantage here while the other doesn’t: The new home sales market is minuscule versus the existing one, and the builders sell their homes like a commodity. Last year a theme of mine was that new home sales are historically low, and the builders know how to move products when needed.
Real Estate News
JUNE 28, 2023
A former employee has filed a lawsuit alleging she was unfairly fired after ending a relationship with National Association of Realtors President Kenny Parcell.
Inman
JUNE 22, 2023
Erin Morrison, 2022 National President Elect of the LGBTQ+ Real Estate Alliance and proud Texas Realtor, is afraid. And so are some of your clients. Here’s what you need to know.
Calculated Risk Real Estate
JUNE 30, 2023
Note: This is a repeat sales index using only loans purchased by Fannie and Freddie and includes appraisals. See FAQs here. Freddie has data for all states and many cities. For house prices, I’m currently following Case-Shiller, FHFA , CoreLogic , Black Knight , the NAR median price s, and this Freddie Mac index. Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.5% month-over-month on a seasonally adjusted (SA) basis in May, putting the National FMHP
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
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