Housing Wire
MARCH 31, 2022
Mortgage rates keep climbing amid rising inflation , war in Ukraine, and disruptions to the supply chain, and there’s no sign that they’ll fall anytime soon. The latest weekly Freddie Mac PMMS mortgage survey, released Thursday, showed that the average purchase mortgage rate touched 4.67%, up 25 basis points from the week prior. That was the highest reading since December 2018, according to Freddie Mac.
Keeping Current Matters
MARCH 29, 2022
Are you thinking about selling your house?
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RIS Media
MARCH 31, 2022
As a real estate broker or brokerage leader, it’s important to focus on and review what you’re offering to help your agents succeed. What tools or processes are you implementing to make sure your team is not just surviving, but thriving? What feedback have your agents been giving you, and what do they feel could help them boost their business?
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?
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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.
Housing Wire
MARCH 31, 2022
Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. I disagree with this conclusion. That’s not to say that the data points the Fed used are incorrect — in fact, we are in a savagely unhealthy housing market , but it’s not a bubble.
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
MARCH 30, 2022
Among first-time buyers, both a shower stall and tub in the primary bath ranked as the most popular of the 18 bathroom features listed in the NAHB study, What Home Buyers Really Want, 2021 Edition. The study asked first-time, as well as repeat, home buyers to rate the kitchen features on the following, four-tier scale (which emphasizes how a feature.
Housing Wire
MARCH 29, 2022
Keller Williams and RE/MAX lead the list of the top 50 one-year movers by percentage transaction sides, with Keller Williams — Cunningham Group , based in Santa Monica, California, seeing a 136% increase in sides between 2020 and 2021. Data for the 2022 RealTrends 500 rankings is based on 2021 sales. Top movers is a ranking of the 50 firms in the RealTrends 500 that had the largest percentage increase in closed sides or largest percentage in sales volume between 2020 to 2021.
Keeping Current Matters
MARCH 28, 2022
The link between financial security and homeownership is especially important today as inflation rises.
HomeLight
MARCH 31, 2022
Amna Shamim contributed research and writing to the most recent version of this story. You fell head-over-heels the moment you laid eyes on the perfectly landscaped house of your dreams. It’s for sale — and you just so happen to be in the market to buy. However, you’ve heard rumors about the house’s past. Maybe something bad happened there once?
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.
Sotheby's International Real Estate
MARCH 26, 2022
Augmenting homes from Cape Cod to California, these enviable decks encourage lingering outdoors and appreciating the longer, warmer days of spring and summer. Peaceful Living in Pacific Heights. San Francisco, California | Tania Toubba, Sotheby’s International Realty – San Francisco Brokerage. On one of the most desirable blocks in Pacific Heights, this timeless four-level home has been impeccably updated while maintaining respect for its classic details.
Housing Wire
APRIL 1, 2022
Today, the Bureau of Labor Statistics reported that the United States Of America created 431,000 jobs in March. We also had 95,000 positive revisions, and although this was a slight miss of estimates, it continues the solid trend of good job reports in 2022. On another note, I raised my third recession red flag, since the inverted yield curve happened this week.
Keeping Current Matters
MARCH 30, 2022
Based on the Primary Mortgage Market Survey from Freddie Mac , the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.
The Mortgage Report
MARCH 28, 2022
Some home buyers wonder if they should wait for prices to drop. But experts say that won't happen in 2022. Here's why.
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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.
Maximum Exposure Real Estate
MARCH 28, 2022
What Websites to Use to Find a Home to Rent Are you wondering what is the best website for finding rental homes? When looking for a rental house for your next move, it can be challenging to know where to start. While there seem to be countless options to help people find rental apartments, houses […]. The post 13 Best Rental Home Sites: How to Find a House to Rent appeared first on Maximum Real Estate Exposure.
Housing Wire
MARCH 31, 2022
Congress hopes to supplant the appraisal governing body at the center of the industry’s self-regulated framework and make public the trove of appraisal data held by the government-sponsored enterprises. A draft discussion bill circulated this week, sponsored by House Financial Services Chairperson Maxine Waters (D-CA), would strike the Appraisal Foundation , and replace it with an independent federal agency.
Keeping Current Matters
MARCH 31, 2022
If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.
HomeLight
MARCH 31, 2022
If you want to sell your home, but it has large issues you don’t have the time, money or desire to fix, you may consider listing your house for sale “as is.”. Selling a home “as is” can be a good strategy if you need to sell the home quickly, can’t afford the repairs, or want to attract a cash offer. But it also comes with a set of drawbacks that you should weigh carefully before you make your decision.
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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.
Eye on Housing
MARCH 29, 2022
The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs remained steady at 381,000 unfilled positions in February. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019.
Housing Wire
APRIL 1, 2022
Maybe things are getting better? Coming off a month of strong growth in February , the U.S. jobs report released Friday again showed a solid increase in non-farm payroll jobs. A total of 431,000 non-farm payroll jobs were added in March, and employment in the construction industry is now above its pre-pandemic level, after the industry added 19,000 jobs.
Lighter Side of Real Estate
MARCH 30, 2022
When the real estate market’s hot, there are always buyers who want to wait for prices to come down before buying a house. But as Kim Holderness illustrates in a hilarious video — where she stars as both a homebuyer and an agent — the market hasn’t shown signs of letting up anytime soon. As they say, laughter is the best medicine…. So whether you’re an agent or a buyer in this crazy market, watch this video for your daily dose to help ease the pain: ?.
HomeLight
MARCH 31, 2022
Selling a house often goes something like this: You’re halfway through sorting a random box of clutter when your real estate agent calls and reminds you that she needs a copy of your property survey. Where on earth is it? Meanwhile the doorbell rings and it’s the painting crew who has arrived to freshen up your front entryway. Later, you come across a family photo album and are hit with a flood of emotions and memories made in the very house you’re about to leave forever.
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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.
The Close
APRIL 1, 2022
One of the most common questions agents ask after building their websites is if real estate search engine optimization (SEO) is still an effective lead generation strategy. The answer may surprise you. While ranking your content on search engines is harder than it used to be, you can easily outrank your competition by investing some time and effort, using basic SEO strategies that most Realtors either don’t know or don’t bother with.
Housing Wire
MARCH 29, 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
Realty Biz
MARCH 27, 2022
Do you want to increase your odds of getting an offer accepted on a home? If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. With more competition from buyers, the seller has more options, and you will need to do more to get the house you want. Getting a house under contract is challenging, with bidding wars becoming the norm and not the exception.
HomeLight
MARCH 28, 2022
As the Great Resignation causes many Americans to reassess their work situations, career exploration is on the rise and that sometimes means relocating within the country or seeking out global options. A dream job with Netflix in Paris or Microsoft in Seattle could be enticing enough to sell your house and seize the opportunity of an amazing career move.
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.
Coldwell Banker
MARCH 29, 2022
Coldwell Banker survey reveals that consumers view social media as a key to a good agent. The post Gen Z and Millennials Are Planning to Sell! How Social Media Can Help appeared first on Coldwell Banker Blue Matter.
Housing Wire
MARCH 31, 2022
Oregon State Rep. Mark Meek. Mark Meek doesn’t know what comes next. “Right now, we are working in a really strong seller’s market and say a seller gets four offers that are identical, but they all include love letters, then the seller ends up picking on personal preference,” said Meek, the Oregon state representative and practicing real estate broker, adding that, “We have implicit biases weighing in on the decision-making process.”.
Easy Agent Pro
MARCH 31, 2022
As with all industries, real estate has pivoted into a digital business for most agents and consumers. In fact, in a recent NAR research group , 97% of all homebuyers reported using the internet to search for their next home. While traditional methods (cold calling, post cards, etc.) will always have their place in a real estate agent’s toolkit, it’s become rather obvious that real estate is a digital marketing game.
HomeLight
MARCH 30, 2022
Selling a house is rarely easy — but it certainly helps if you’re physically nearby to coordinate repairs, approve paint colors, or pop by during your lunch break to check on things. People selling a home from out of state don’t have that luxury. However, they can get the job done in essentially one of two ways. A skilled real estate agent can guide you through how to sell a house from out of state, providing an elevated level of service.
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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