Think Home Prices Are Going To Fall? Think Again
Keeping Current Matters
JULY 21, 2022
Over the last two years, the rate of home prices appreciated at a dramatic pace.
Keeping Current Matters
JULY 21, 2022
Over the last two years, the rate of home prices appreciated at a dramatic pace.
Real Trends
JULY 21, 2022
The cooling housing market is offering some much needed relief to frustrated homebuyers. In June, 49.9% of offers written by Redfin agents faced competition on a seasonally-adjusted basis, down from 57.3% in May and 65% a year ago, according to a new report from the brokerage. This was the fifth consecutive month of declines in the bidding war rate.
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The American Genius for Real Estate
JULY 19, 2022
TikTok has been dominating the social media sector since the pandemic, and studies show it officially beat out YouTube for total time spent. The post Ignore TikTok to your own peril – new data says your next clients are there appeared first on The American Genius Real Estate.
Housing Wire
JULY 19, 2022
real estate investors and affordable homes. The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. Knowing that the housing cycle was at risk back in March of this year when the 10-year yield broke above 1.94%, I was mindful of when I was going to raise the fifth recession red flag.
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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.
Keeping Current Matters
JULY 19, 2022
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
JULY 18, 2022
Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic. In a further sign of a weakening housing market, builder confidence in the market for newly built single-family homes posted its seventh straight monthly decline in July, falling 12 points to 55, according to the National Association.
Housing Wire
JULY 20, 2022
The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot — inventory is rising. We still have the unhealthy dynamics of noticeable sales declines, but prices are still growing year over year. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. history.
Keeping Current Matters
JULY 18, 2022
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.
Lighter Side of Real Estate
JULY 20, 2022
There’s a never-ending loop of real estate shows you can watch on TV nowadays. It doesn’t matter what time of day it is, you’re bound to find one on. But be careful: the minute you get sucked into one , you may find yourself sucked into the next the way they phase out of one episode into the next! You can go from watching one agent helping a couple buy their first home on a shoe-string budget, to another helping a family who just won the lottery buying a home bigger than they ever hoped for in t
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.
Maximum Exposure Real Estate
JULY 17, 2022
Listing Agent vs. Selling Agent In real estate sales, there are many terms that can confuse consumers. The jargon used in the industry almost seems endless. Unfortunately, many real estate agents forget that buyers and sellers don’t always know our terminology. Most don’t know there is a difference between a Realtor and a real estate […].
Housing Wire
JULY 18, 2022
new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Origination volume is down about 50% from last year, thousands of layoffs are reported each week, and gloomy prognosticators say recession will make for a long winter. Some mortgage companies will merge to stay afloat, and many others will go under.
Keeping Current Matters
JULY 20, 2022
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.
Realty Biz
JULY 17, 2022
Kick-Out Clause vs. Home Sale Contingency. Depending on the type of real estate market you are likely to see different clauses added to a real estate contract. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. The way the real estate market has performed over the last few years, sellers have been presented with multiple offers on a significant percentage of prope
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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.
Sotheby's International Real Estate
JULY 21, 2022
Being close to nature is both a pleasure and a privilege. At a time when environmental protection, ecological stewardship, and sustainable living are top-of-mind for so many, perhaps the most covetable lifestyle of all is one that embraces the earth and its wonders. It’s this type of lifestyle that sets the affluent, radiant Crystal Cove village apart from the rest of Newport Beach on the coast of California.
Housing Wire
JULY 18, 2022
The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. HUD officials earlier this year said cuts to borrower fees depended on the number of borrowers behind on their payments. But during a Thursday press briefing, HUD officials said they are weighing “budgetary implications, tradeoffs within appropriations process and FHA’s role in the broader housing system,” when considering cuts to mor
Keeping Current Matters
JULY 22, 2022
Some Highlights. Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams. Connect with a local real estate advisor so you have the latest information on available homes in your area.
Brownstoner
JULY 21, 2022
The clock has run out on efforts to save Bed Stuy’s Jacob Dangler mansion: The New York City Department of Buildings issued a permit for full demolition of the building Tuesday. Video posted on Instagram by neighbors Wednesday shows demolition of the 1890s structure has started. Just over a week… Read More > The post Workers Tear Into Bed Stuy’s Beloved Dangler Mansion After Landmarks Fails to Act appeared first on Brownstoner.
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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.
Realty Biz
JULY 20, 2022
Saving for a down payment was always difficult for first-time buyers, but the recent increase in home prices has made things much more challenging. Finding a sizable down payment on a house of 10% or 20% can be daunting, but there are other options. Buyers do have a low down payment choice from federal programs, and there are assistance programs too.
Housing Wire
JULY 22, 2022
Women are not only dominating in the mortgage and real estate industry, but also they are making room at the table for a new generation of women to do the same. To help fuel this growth for future and current women, HousingWire is thrilled to have Marcia Davies, a HousingWire Women of Influence and the founder of mPower — an organization that helps women in the real estate finance industry expand their reach — at the Women of Influence Forum.
Lighter Side of Real Estate
JULY 20, 2022
If you’ve been thinking about selling your house, you’ve probably heard that the market’s cooling off, or “resetting” (as Federal Reserve Chairman, Jerome Powell, recently put it.) So you might be wondering if that means you won’t be able to get as much money for your house as your neighbors did a few weeks back. On the other hand, there are still reports that house prices are still rising, like in this realtor.com article , which makes you wonder if you could actually get more money than they d
Brownstoner
JULY 20, 2022
The stoops and sidewalks of Bed Stuy will once again be art-filled with the return of the annual STooPS Art Crawl, which brings locals out to share their skills and connect with neighbors. Begun in 2013, the one-day event encourages the hosting of performances and display of art in yards,… Read More > The post Enjoy Creativity and Community With the Return of the Annual Bed Stuy STooPS Art Crawl appeared first on Brownstoner.
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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.
Eye on Housing
JULY 22, 2022
Lumber prices have been on a roller-coaster ride over the past two years and reached to an all-time high price of $1,515 per thousand board feed in the week ending May 21, 2021, as reported by Random Lengths. However, despite higher lumber prices and ongoing supply-chain issues, wood framing remains the most dominant construction method for single-family homes in the.
Housing Wire
JULY 19, 2022
Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday. The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. Through the crypto-lending program, Milo allows borrowers to pledge cryptocurrency through regulated custodians — crypto platforms such as Coinbase or Gemini — and thereby finance as much as 100 percent
GeekEstate
JULY 20, 2022
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the Geek Estate Mastermind. Today’s showcase: Collabra]. A provider of digital marketing technology and services, Collabra offers a suite of products to help agents automate marketing materials and reach more buyers for each and every listing. Marketing assets in multiple media formats is particularly difficult for agents and teams handling multiple listings at a time so enlisting a marketing automation to
Fancy Pants Homes
JULY 20, 2022
Since Robert Kiyosaki’s book, Rich Dad, Poor Dad was first released in 1997, it has become a financial bible to people worldwide. Readers claim that the #1 New York Times bestseller has transformed their vision of money, changed their perception of wealth, and helped them realize their dreams of achieving financial freedom. For the uninitiated, the book is all about the importance of financial literacy, building wealth through assets, starting businesses, and investing in real estate.
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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