October, 2022

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The case for mortgage rates to fall in 2023

Housing Wire

On Thursday, the gross domestic product data for the third quarter showed the U.S. economy grew at a rate of 2.6%, breaking the negative GDP streak we had in the past two quarters. Does this mean the Federal Reserve needs to hike rates even more to get the recession they’re looking for, or is there a case for mortgage rates to go below 6% over the next six months?

Mortgages 543
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Advice for Buyers & Sellers in Today’s Market

RRT Submitted Articles

The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish.

Marketing 257
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How To Prep Your House for Sale This Fall

Keeping Current Matters

Today’s housing market is different than it was just a few months ago.

Sales 301
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The 18-year Property Cycle and What it Means

RRT Submitted Articles

Many believe that the property market is driven by an 18 year property cycle. This post explains what the 18 year cycle is.

Marketing 232
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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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The Difference Between a Real Estate Agent, REALTOR®, and Broker

RRT Submitted Articles

Not sure how agents, brokers, and Realtors® differ? Click here to learn more about each of these job titles as well as what the jobs entail.

Agents 188
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Checklist of What's Covered at a Home Inspection

Realty Biz

Buying or selling a home isn't easy, with potential problems before you close. The home inspection is part of the process that can lead to problems, but what does a home inspector do? The home inspection is the buyer's opportunity to get a professional opinion on the home's condition. If you are unsure about what does a home inspection cover, we take a look so that you are better informed.

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Well Inspectors Provide Inspections When Buying Homes With Wells

Maximum Exposure Real Estate

Things To Consider When Buying A Home With A Well Well inspections are critical when buying a home with a well as the primary water source. Buyers considering homes in rural settings will often encounter houses for sale that get their water from wells. With homes drawing on municipal sources, there is an assumption that […]. The post Well Inspectors Provide Inspections When Buying Homes With Wells appeared first on Maximum Real Estate Exposure.

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11 Real Estate Memes You Need to See If You’re Addicted to HGTV

Lighter Side of Real Estate

Home and Garden Television, better known as HGTV, is a great way to get your real estate fix without leaving the comfort of your own home. You can vicariously sell a house, buy a house, flip another, and go look for a vacation home in the matter of a couple of hours. It can almost make you feel like a real estate expert if you’re not careful! The next thing you know, you’ll be getting up off the couch and becoming a real estate agent.

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Why Content Marketing Is Important in Real Estate

Realty Biz

Content marketing for real estate agents is a simple concept but incredibly important for any business in the real estate industry. The basic concept of content marketing is creating valuable, relevant content for a targeted audience. If done with an effective content marketing strategy , you can attract and engage with your ideal clients. Megaphone with Great content speech bubble banner.

Marketing 107
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Why a good jobs report is bad news for the Fed

Housing Wire

On Friday the Bureau of Labor Statistics reported 263,000 new jobs were added in September. While that growth seems like good news in this economy, it runs directly counter to what the Federal Reserve wants to see. And the even worse news for the Fed was that the unemployment rate fell back to 3.5%. That low unemployment rate has to be driving the Fed nuts.

As-is 539
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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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Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and connect with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different.

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Type of Parking Facility of New Single-Family Houses Completed: 2021 Data

Eye on Housing

A majority of new homes that completed construction in 2021 included two-car garages (67%), according to NAHB analysis of 2021 Census Bureau Survey of Construction data. There is clear uniformity for parking options in new homes completed across the Census divisions: the 2-car garage was the most popular parking option for completed homes in all divisions.

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What to Know About A Shared Driveway

Maximum Exposure Real Estate

The Ultimate Guide to Shared Driveways If during your home shopping, you come across a property with a shared driveway, there is a good chance you will have some questions before you decide to purchase. The automatic question from most buyers is, “how do shared driveways work”? The other question I often hear as a […]. The post What to Know About A Shared Driveway appeared first on Maximum Real Estate Exposure.

As-is 136
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Looking for a Sign That It’s Time To Sell Your Home? Look No Further Than These 11 Memes

Lighter Side of Real Estate

It doesn’t matter what the real estate market is like, homeowners often wonder if it’s the right time to sell. If only there were a clear sign that it’s the perfect time for you…. Well, maybe there is! See if any of these 11 memes hit home enough for you to realize that it’s the right time for you to sell your home! 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Marketing 127
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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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Spreading Rentals Far and Wide While Keeping Leads All in One Place

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: TurboTenant]. The ever-evolving rental world can be daunting for the DIY landlord. From marketing properties online to automating rental payments to screening tenants and more, TurboTenant centralizes tools to simplify finding and retaining tenants for independent landlords, real estate investors, and property managers.

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Housing completions key to lower mortgage rates

Housing Wire

In June of this year, I raised the fifth recession red flag , putting the housing market in a traditional recession where sales, incomes, jobs, and production would be falling, which is happening now. And unfortunately, one of those productions items is housing completions data — which looks terrible in the latest report. As someone concerned about the housing inflation story since inventory channels broke to all-time lows in 2020, I am frustrated by this housing completion data.

Mortgages 533
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The Latest on Supply and Demand in Housing

Keeping Current Matters

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights.

Sales 303
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Single-Family Production Continues to Weaken in September

Eye on Housing

Single-family housing starts declined further in September as high mortgage rates, ongoing building material production disruptions and flagging demand stemming from rising affordability challenges continue to put a damper on new home production. Overall housing starts decreased 8.1% to a seasonally adjusted annual rate of 1.44 million units in September, according to a report from the U.S.

Mortgages 133
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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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Home Inspection Contingency: Examples, Clauses, and Addendums Explained

Maximum Exposure Real Estate

Buying a home might be the most significant financial commitment you ever make. So it isn’t surprising that you want to avoid extra expenses when purchasing. House inspections are another expense during the home-buying process that you could choose to eliminate. However, choosing not to have a home inspection isn’t an expense you should avoid. […].

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How Much Home Can You Afford?

Coldwell Banker

One of the most important things first-time homebuyers should explore - how much home can they afford? The post How Much Home Can You Afford? appeared first on Coldwell Banker Blue Matter.

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Meet The Real Estate Tech Entrepreneur: Melinda Witmer from Foiye

GeekEstate

In this week’s founder interview, we’re bringing you Melinda Witmer from Foiye. Without further ado…. Who are you and what do you do? My name is Melinda Witmer and I’m the founder & CEO of Foiye, a new social entertainment platform for the home, design, and real estate enthusiast. Before founding Foiye, I spent 25 years in senior leadership roles at Time Warner Cable (now Spectrum) and HBO.

Design 124
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Home prices are dropping like it’s 2009

Housing Wire

Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season.

Mortgages 529
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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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What’s Ahead for Home Prices?

Keeping Current Matters

As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well.

Mortgages 302
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Builder Confidence Down 10 Straight Months as Market Continues to Weaken

Eye on Housing

In a further signal that rising interest rates, building material bottlenecks and elevated home prices continue to weaken the housing market, builder sentiment fell for the 10th straight month in October and traffic of prospective buyers fell to its lowest level since 2012, with the exception of two months during the Spring of 2020. Builder confidence in the market for.

Marketing 133
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Home Showing: Best House Viewing Tips For Selling a House

Maximum Exposure Real Estate

How a Home Viewing Can Make or Break House Sales Do you know how a home showing works? House viewings start a buyer becoming interested enough to make an offer on your place. Showing a house is one of the primary functions of a buyer’s agent. It would help if you strived to make the […]. The post Home Showing: Best House Viewing Tips For Selling a House appeared first on Maximum Real Estate Exposure.

Agents 129
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5 Amazing Freebies You Need To Provide Your Guests

Bigger Pockets

As a vacation rental host, you want to do everything you can to make your guests feel at home. One way to do that is by providing them with freebies […].

As-is 124
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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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Boxer Sugar Ray Leonard’s house is back on the market asking $45M

Fancy Pants Homes

World-champion boxer Sugar Ray Leonard is once again floating his spectacular Pacific Palisades compound on the market, this time asking $45 million for the 1.7-acre property. The former professional boxer, who had a legendary 20-year career during which he won world titles in five weight classes, made history as the first in his sport to earn more than $100 million in prize money.

Marketing 124
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Pending home sales are down 31% from last year

Housing Wire

Pending home sales continued their downward spiral in September, recording a 10.2% month-over-month decline that resulted in an index reading of 79.5, according to data released Friday by the National Association of Realtors. This is the fourth consecutive month of declines. Pending home sales have now fallen in 10 of the last 11 months. Economists predicted that pending home sales would drop by 4.0% in September.

Sales 528
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Should You Still Buy a Home with the Latest News About Inflation?

Keeping Current Matters

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%.

Marketing 301
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Building Materials Prices Decline in September

Eye on Housing

The prices of building materials decreased 0.3% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) report. The PPI for goods inputs to residential construction, including energy, declined for the third consecutive month in September (-0.1%). Prices have fallen 2.3% since June, the largest three-month drop since April 2020.

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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.