Sat.Dec 17, 2022 - Fri.Dec 23, 2022

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The Early 2023 Growth Checklist for Real Estate Agents

Tom Ferry

What would it take to completely change your life in 2023? Don’t say, “making more money.” And don’t say, “to get some help.” Let’s be a little more specific than that. Two weeks ago, we talked about figuring out what you really want out of life. If you took the time to write it down, […]. The post The Early 2023 Growth Checklist for Real Estate Agents appeared first on Tom Ferry.

Agents 87
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Nine Percent of New Homes Are Teardowns

Eye on Housing

In 2021, 9.1 percent of new single-family homes were built in an older neighborhood on a site where a previous structure had to be torn down and rebuilt, according to the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs. Another 18.5 percent were built on an infill lot in an older neighborhood. The BPS places new homes.

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4 tips for agents looking to stay sane and excel in 2023

Real Trends

Buying or selling a home is arguably the largest financial, stressful undertaking in a person’s life. Add in current market challenges , and the role of a real estate agent today compared to a year ago has radically shifted. Pause, take a deep breath in and exhale. Now let’s take a look at some tips for agents to stay sane and excel in 2023. 1. Slow down and listen to client expectations.

Agents 118
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Mortgage Rates Are Dropping. What Does That Mean for You?

Keeping Current Matters

Mortgage rates have been a hot topic in the housing market over the past 12 months.

Mortgages 285
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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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Understanding Sellers Disclosure When Selling Real Estate

Maximum Exposure Real Estate

Disclosure in Real Estate: What to Disclose When Selling a House You may not know about a seller’s disclosure when you have never sold a house before. Did you know that real estate disclosure laws vary from state to state? What a seller has to disclose in one state might be completely different than in […]. The post Understanding Sellers Disclosure When Selling Real Estate appeared first on Maximum Real Estate Exposure.

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Zillow Local Predictions

BubbleInfo

As the national leader of real estate, Zillow is attempting to guide people with data, thankfully. Their Home-Value Index has been decent, and I’ll take the -7% for San Diego… which means our premium areas haven’t felt much decline at all. Their comment on current conditions isn’t ground-breaking but at least it offers some hope: Activity […].

As-is 86

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Landmarked Duffield Street Houses Unexpectedly Sold as DoBro Development Site for $10 Million

Brownstoner

The landmarked quartet of early 19th century houses in Downtown Brooklyn known as the Duffield Street houses recently sold for $10 million, an Instagram story posted by the listing broker revealed. The marketing and sale of the property as a development site was unexpected because the houses are landmarked. The buyers,… Read More > The post Landmarked Duffield Street Houses Unexpectedly Sold as DoBro Development Site for $10 Million appeared first on Brownstoner.

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Top 10 Cities with Skyrocketing Rent

Realty Biz

65% of American citizens aged under 35 rent properties. Apartment rentals are much more common nowadays, as many people can't afford a mortgage to buy their own homes. There are some cities in America where rent is currently skyrocketing, and you should look out for these places if you're considering renting. Some rentals are very affordable. However, others are currently skyrocketing in price.

As-is 92
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Have we found the bottom in existing home sales?

Housing Wire

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! Confused by this? I hear you; let’s dive deeper into today’s report. From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NA

Sales 530
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What Makes a House a Home?

Keeping Current Matters

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy.

Marketing 236
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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.

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Canada Is In Recession & “Overvalued” Real Estate Will Be Hard Hit: Oxford Econ

Better Dwelling

Canada’s overstimulated economy is experiencing withdrawal from the end of low rates. Oxford Economics‘ warned investors the country is already in recession. It’s expected to spend most of 2023 in recession, and will be hit harder than its G7 peers. Highly indebted households and overpriced real estate shouldn’t expect much relief either.

Investor 144
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Buying a Condo vs. a House: Which is The Better Choice?

Maximum Exposure Real Estate

House vs. Condo: What Are The Differences There are so many decisions to be made when you decide to buy your own home. For many buyers, the first initial choice must be between the two primary residential real estate purchases: a house vs. a condo. Each has advantages and disadvantages, and the experience of living […]. The post Buying a Condo vs. a House: Which is The Better Choice?

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Mortgage rates are falling. How low can they go in 2023?

Housing Wire

Mortgage industry executives, analysts and economists have started to place their bets on where mortgage rates will settle in 2023 amid the Federal Reserve’s tightening monetary policy and the fears of an economic recession. Spoiler alert: don’t expect much, if any, relief for borrowers in the short term. It’s true that after doubling over the course of a year, the 30-year fixed mortgage rate is trending downward at the close of 2022.

Mortgages 468
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What To Expect from the Housing Market in 2023

Keeping Current Matters

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates.

Marketing 250
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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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Instant Reaction: Mortgage Rates, December 22, 2022

NAR: Economic Outlook

Instant Reaction: Mortgage Rates, December 22, 2022. The 30-year fixed mortgage rate decreased to 6.27% from 7.08% six weeks ago, making homeownership 10% more affordable than it was six weeks ago. By: . Nadia Evangelou. Mortgage Financing.

Mortgages 127
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Multifamily Construction Continues to Expand Outside Metro Core Areas

Eye on Housing

The most recent Home Building Geography Index (HBGI) shows that multifamily home building has continued to experience strong growth since the start of the pandemic. Due to the low single-family housing inventory and elevated unaffordability of single-family housing caused by high house prices and higher mortgage rates, demand for multifamily housing has remained solid over the past year.

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Figure’s plan to buy a mortgage bank via SPAC is dead

Housing Wire

Figure Acquisition Corp. I , a blank check company affiliated with fintech Figure Technologies that planned to merge with a mortgage bank, will be delisted from the New York Stock Exchange. Figure’s plan to go public through a SPAC has been scrapped with the NYSE’s decision. The NYSE notified Figure on December 19 that it is “determined to commence proceedings to delist the company’s warrants from the NYSE and that trading in the company’s warrants would be suspended immediately,” ac

Banks 478
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Homeowners Still Have Positive Equity Gains over the Past 12 Months

Keeping Current Matters

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices.

Equity 235
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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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4 success strategies from Century 21 agents heading into 2023

Real Trends

The real estate market is shaping up to be challenging, yet there are agents who are committed to going big next year by setting aggressive growth goals for the coming 12 months. What are these agents planning to do to fill the year with appointments, listings and showings? How will they have a major impact on the lives of their clients, communities, and the economy?

Agents 126
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5 Tips for a Healthy Work-From-Home Routine

Coldwell Banker

If you’re looking for ways to improve your 9-to-5 routine, try these five simple ideas. The post 5 Tips for a Healthy Work-From-Home Routine appeared first on Coldwell Banker Blue Matter.

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Completion data is positive news for housing market

Housing Wire

The best way to deal with inflation is always adding more supply: if you’re trying to defeat inflation by destroying demand, you’ve already lost the battle and will hurt future production. That’s why today’s housing completion data was excellent news. During a traditional recession, builders typically show lower starts, permits, and completion data.

Marketing 448
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November New Home Sales Up as Interest Rates Fall Back

Eye on Housing

While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs, and challenging affordability conditions. Sales of newly built, single-family homes in November increased 5.8% to a 640,000 seasonally adjusted annual rate, according to newly released data by the U.S.

Sales 122
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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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Lighten Up: 5 Homes with Striking Light Fixtures

Sotheby's International Real Estate

Whether they illuminate a traditional townhouse in Southampton or a chic contemporary residence in Southern California, distinctive light fixtures make each of these homes shine. Woolworth Tower Aerie. Stan Ponte, Joshua Judge | Sotheby’s International Realty – East Side Manhattan Brokerage. Towering above the city in the illustrious, amenity-rich Woolworth Building, this 2,548-square-foot condominium residence features sophisticated living and entertaining areas, two generous bedroom su

Brokerage 120
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Savvy Ways to Increase Your Home’s Value

Coldwell Banker

Here are a few of our favorite impactful and straightforward means of boosting your home’s value and appeal over the short or long term. The post Savvy Ways to Increase Your Home’s Value appeared first on Coldwell Banker Blue Matter.

Staging 120
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Lower mortgage rates, higher demand lead to optimism for late 2023

Housing Wire

Lower mortgage rates helped to increase borrowers’ demand for home loans last week, which in turn drummed up optimism for the mortgage industry at the end of 2022. Economists believe that if the trend continues, the market will be able to improve in the second half of 2023. . “The latest data on the housing market show that homebuilders are pulling back the pace of new construction in response to low levels of traffic, and we expect this weakness in demand will persist in 2023, as th

Mortgages 435
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Single-Family Production Continues to Decline, Multifamily Permits Weakening

Eye on Housing

Single-family housing starts continued to fall in November, with the pace of construction down 32% since February when mortgage rates began to rise. The housing market continues to weaken because stubbornly high construction costs and elevated interest rates are harming housing affordability. And with the count of multifamily units under construction reaching a near 50-year high, multifamily permit growth is.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Digital Marketing For Luxury Real Estate : The Google Ads & PPC Playbook

Easy Agent Pro

What are Google Ads and PPC? Google Ads (formerly Adwords) is the name for Google’s suite of advertising capabilities that range from ads on Google and span across their partner sites (ie:Youtube) and even apps. According to Google , their ad platform is “designed to help businesses and marketers connect with billions of people who are finding answers on Search, watching videos on YouTube, exploring new places on Google Maps, discovering apps on Google Play, browsing content across the web, and

Marketing 119
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Clear the Clutter & Make an Impact

Coldwell Banker

A quick guide to what & where to give this holiday season! The post Clear the Clutter & Make an Impact appeared first on Coldwell Banker Blue Matter.

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Forbearance rate remained flat in November

Housing Wire

The forbearance rate held steady in November, but there are signs of deterioration in the portfolios of servicers. . The Mortgage Bankers Association (MBA) reported Monday that the total number of loans in forbearance remained at 0.70% of the servicers’ total portfolio volume in November. There were 350,000 U.S. homeowners in forbearance plans as of November 30, up from 345,000 at the end of September. .

Loans 434
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Existing Home Sales Decline Further in November

Eye on Housing

As rapid rising mortgage rates continue to weaken housing demand, the volume of existing home sales has declined for ten consecutive months as of November, according to the National Association of Realtors (NAR). This is the longest run of declines since 1999. While mortgage rates have retreated in recent weeks due to recession concerns, they are likely to see another.

Sales 116
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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.