Inman
MARCH 1, 2023
With billions saved — and lost — Opendoor is living by the creed "go big or go home." Yet even after a dreary Q4, the iBuyer persists, which may be the biggest takeaway, Mike DelPrete writes exclusively for Intel.
Housing Wire
MARCH 30, 2023
With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? Many people predicted that the U.S. housing market would crash during the pandemic. One of the main reasons for that fear was that housing credit was about to get tight, meaning fewer people could buy homes with mortgages.
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Keeping Current Matters
MARCH 1, 2023
If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale.
Real Estate News
MARCH 29, 2023
A judge ruled that the Moehrl suit would now cover all sellers who paid commissions to named companies over a 5-year period, plus “current and future” sellers.
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.
The Close
MARCH 23, 2023
When I first became a real estate agent in 2010, I waltzed into the office with a swagger that would make Beyoncé blush. My local market was booming. New luxury high-rises were popping up like weeds, and open houses looked more like trendy nightclubs with lines of eager buyers spilling out onto the sidewalk. How could I not become a successful real estate agent in that market?
Propmodo
MARCH 15, 2023
The U.S. economy has been going through a rough patch, as economies are prone to do now and then. Last year, it met the informal threshold of a recession with two consecutive quarters of negative gross domestic product growth. But despite that, the National Bureau of Economic Research has not officially declared a recession yet. Typically, it takes them about a year to make that call as a recession is based on a broad range of economic factors.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MARCH 27, 2023
Agile , a Philadelphia-based fintech company focused on mortgage-backed securities (MBS), announced on Monday the execution of the mortgage industry’s first fully-automated Assignment of Trade (AOT) transaction. AOT transactions involve three counterparties — a mortgage originator, a mortgage investor, and a broker dealer — and are designed to transfer loan collateral and hedge positions to a mortgage investor.
Keeping Current Matters
MARCH 6, 2023
You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.
Real Estate News
MARCH 15, 2023
With the value of its residential real estate surpassing $3.6 trillion, Florida edged out New York but trails California among markets with the top home values.
Inman
MARCH 29, 2023
Amid an economic landscape in flux, homebuyers and sellers continue to want expert advice from real estate agents while looking to prepare for the future, and for Gen Z that means finding "green homes," according to RE/MAX.
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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.
Marco Santarelli
MARCH 19, 2023
Recently, a report posted on the Social Science Research Network found that 186 banks in the United States are at risk of failure due to rising interest rates and a high proportion of uninsured deposits. The report titled ‘Monetary Tightening and US Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs?' estimated the market value loss of individual banks' assets during the Federal Reserve's rate-increasing campaign.
Eye on Housing
MARCH 15, 2023
After four consecutive declines, the producer price index (PPI) for inputs to residential construction less energy (i.e., building materials) rose 0.3% in February 2023 (not seasonally adjusted) follow a 1.1% increase in January (revised), according to the latest PPI report. Price growth of goods inputs to residential construction, including energy, gained 0.4% over the month.
Housing Wire
MARCH 23, 2023
If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 million active listings, and these active listings would be direct competition for the builders. New homes are traditionally more expensive than existing homes, which don’t have all the bells and whistles.
Keeping Current Matters
MARCH 27, 2023
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.
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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.
Real Estate News
MARCH 18, 2023
Wes Foster, known for his integrity and "larger than life presence," said he was most proud of growing Long & Foster from humble beginnings into a major player.
Inman
MARCH 29, 2023
Demand for purchase loans picks up for the fourth straight week as mortgage rates continue to retreat from 2023 highs, according to the latest Mortgage Bankers Association survey released Wednesday.
Marco Santarelli
MARCH 20, 2023
In this blog post, we will be reviewing the list of failed banks in the United States. It's never good news when we hear about a bank failure , and unfortunately, there have been quite a few in the United States over the years. From Washington Mutual and IndyMac in 2008 to Guaranty Bank and First NBC Bank in 2017, these failures can have a big impact on customers, employees, and the economy as a whole.
Sotheby's International Real Estate
MARCH 3, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Valparaiso, Chile | Chile Sotheby’s International Realty This two-story home in Valparaiso, Chile, was built intentionally so the common spaces and bedrooms were exposed to the northwest views of the ocean, beaches and the city of Maitencillo.
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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.
Housing Wire
MARCH 30, 2023
Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Freddie Mac’s Primary Mortgage Market Survey showed on Thursday that the 30-year fixed-rate mortgage was 6.32% as of March 30, down 10 basis points from the previous week, mainly due to the economic uncertainty caused by bank collapses.
Keeping Current Matters
MARCH 29, 2023
Spring has arrived, and that means more and more people are getting their homes ready to sell.
Real Estate News
MARCH 23, 2023
A new report found that most portals lost traffic and market share over the past year, but a few companies improved or firmed up their positions.
Inman
MARCH 29, 2023
Although people have mixed feelings about social media, there's no denying that it's a valuable tool for marketing your business. Find out how agent Nikki Beauchamp puts it to work effectively.
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.
Eye on Housing
MARCH 17, 2023
NAHB recently released its 2023 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that 96.5 million households are already not able to afford a median priced new home in 2023 due to the fact that their incomes are insufficient to qualify for the required mortgage under standard underwriting criteria.
Sotheby's International Real Estate
MARCH 31, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Calonge, Spain | Barcelona & Costa Brava Sotheby’s International Realty The stone-clad Costa Brava home comes with plentiful patio space and a sparkling pool. This Summery Home in Spain Makes Us Want to Put Away Our Puffer Coats for Good – Dwell $12.2M Osterville Home Is the Most Expensive Sale on Cape Cod This Year – Boston Business Journal Golf is Helping Drive the Real Estate
Housing Wire
MARCH 16, 2023
How is today’s housing starts data , which beat expectations, good for mortgage rates ? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation. The answer is simple: The best way to fight inflation long-term is to add more supply. Destroying demand is a short-term fix, but longer-term supply is the natural economic way.
Keeping Current Matters
MARCH 23, 2023
If you’re thinking about buying a home, you want to know the decision will be a good one.
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.
Real Estate News
MARCH 30, 2023
In a tough year for real estate, many of the top companies and franchise brands held onto their rankings, but only a few were able to grow sales volume.
Inman
MARCH 24, 2023
The team closed the priciest sale in Orange County last year with a $55 million property in Crystal Cove and was named the No. 1 large team nationwide in the 2023 Ellie Awards. Terms of the contract were not disclosed.
NAR: Economic Outlook
MARCH 30, 2023
Pending Home Sales Rise for Third Consecutive Month February’s pending home sales pace rose modestly 0.8% last month but fell 21.1% from a year ago.
Sotheby's International Real Estate
MARCH 11, 2023
Green is a soothing, refreshing hue that brings to mind lush meadows, leafy groves, and idyllic forests. It fills spaces with cheer, optimism, and a welcome reminder of the long, warmer days ahead. Handsome Houston Haven Michelle Carpenter | Martha Turner Sotheby’s International Realty This stylish townhome is located in a beautifully landscaped enclave of serene Southside Place, one of Houston’s most desirable neighborhoods.
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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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