Sat.Oct 01, 2022 - Fri.Oct 07, 2022

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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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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 299
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What’s the Best Real Estate Company to Work for in 2022?

The Close

According to the National Association of Realtors (NAR) research, the median agent tenure at a brokerage is five years (even less in the COVID era), so it’s likely that at some point in your career, you’ll consider making a switch. But how do you decide which company is best for you? Through research and interviews, we evaluated dozens of real estate companies based on the criteria that matter most to you.

Branding 131
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August Private Residential Spending Falls for Third Straight Month

Eye on Housing

Private residential construction spending declined 0.9% in August, as single-family construction spending slid amid surging mortgage rates. Private residential construction spending declined for the third consecutive month, standing at an annual pace of $921.9 billion, according to NAHB’s analysis of the Census Construction Spending data. However, this spending category was 12.5% higher year-over-year.

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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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Real Estate Copywriting Rules to Outsell the Competition

Agent Fire

In today's market, great real estate copywriting can outsell your competition. Discover how to turn your listings and landing pages into conversion machines with this advice. Real Estate Copywriting Rules to Outsell the Competition is just one of many great real estate strategies on The Spark.

Land 106
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Webinar Recap: Lessons in Leadership with Dermot Buffini

RISMedia

By Devin Meenan During RISMedia’s final “Lessons in Leadership” Webinar of 2022, Dermot Buffini, CEO of Buffini & Co. quizzed fellow panelist Helen Hanna Casey, CEO of Howard Hanna Real Estate Services, about what she’s learned from leading other real estate professionals. After their one-on-one conversation, moderator John Featherston, founder and CEO of RISMedia, jumped […].

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The Ultimate Real Estate Website Branding Guide

Easy Agent Pro

Real Estate Website Branding Guide . Once you have your slogan picked out and logo design, it’s time to set up your website. There are many things to consider when it comes to both the technical aspects and the overall aesthetics of your website. With technical aspects, you have to consider SEO , content , contact forms , and landing pages. We cover all of these topics in more detail in our blog.

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You Have an Adjustable Rate Mortgage. What’s Next?

CT Homes

When buying a home, the question of what type of mortgage you’d like to select is bound to come up if you’re not planning on purchasing the home with cash. This is when an adjustable-rate mortgage (commonly known as an ARM) or a fixed-rate mortgage comes in. Which type of mortgage is the right one for you? It’s always smart to go into any real estate transaction with a clear idea of what you’re signing up for, and by knowing what an adjustable-rate mortgage is, you can choose the best mortgage f

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The Definitive Real Estate TikTok Guide

Agent Fire

Learn how to market real estate on TikTok and generate valuable leads with this comprehensive guide, complete with tips and examples. The Definitive Real Estate TikTok Guide is just one of many great real estate strategies on The Spark.

Marketing 110
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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.

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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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Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.

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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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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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Home price growth to slow drastically next year

Housing Wire

Even as home prices continued to post strong year-over-year growth in August, rising 13.5% for the 127th consecutive month of annual gains, CoreLogic is predicting much smaller yearly home price growth moving forward. August’s double-digit yearly increase is the lowest year-over-year appreciation since April 2021 and it marks the fourth straight month of slowing price growth , according to the data and analytics firm’s Home Price Insights report published on Tuesday.

Mortgages 468
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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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The Long-Term Benefit of Homeownership

Keeping Current Matters

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year?

Mortgages 264
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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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Last chance to get 20% off CREtech NYC October 12th-13th

GeekEstate

[Editor’s Note: Geek Estate Offers are special offers for members of the GEM ]. Once again, CREtech is bringing together leaders in the commercial, residential, PropTech, and climate tech industries for two days of speaking engagements, networking opportunities, and industry insights in the incredible New York City. Register if you want to… Get off of zoom and back to in-person networking opportunities with other innovative-driven industry professionals.

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Guild Mortgage has an appetite for acquisitions

Housing Wire

The shift from a refinance boom to a purchase market will leave some mortgage lenders and loan officers with only two options: “Consolidate or exit the business,” according to ​​Mary Ann McGarry, Guild Mortgage’s chief executive officer. Meanwhile, McGarry said Guild is well positioned to acquire these assets but will be very patient in closing a deal. “Think of 2020 and 2021.

Mortgages 435
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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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The Journey To Buy a Home [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. When you head out to buy a home, there are a number of key milestones you’ll encounter along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. Your journey starts here. Partner with a real estate professional so you have expert guidance each step of the way.

Finance 246
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Tips for the Perfect Home Color Palette

Coldwell Banker

Every creative venture requires inspiration – and that especially applies to choosing color palettes for the inside of your home. The post Tips for the Perfect Home Color Palette appeared first on Coldwell Banker Blue Matter.

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Market Map: 275+ Real Estate Technology Companies Transforming Today’s Housing Market

GeekEstate

[Editor’s note: Originally published on the Thomvest Ventures blog.]. I’m excited to release Thomvest’s 2022 real estate technology market map, which includes more than 275 companies operating within the residential real estate segment. This is the fourth update to the market map and includes over 70 new companies this year — a testament to the pace of entrepreneurship in this category.

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LodeStar integrates with Stewart

Housing Wire

Closing fee-related compliance tool provider LodeStar is integrating with title insurance provider Stewart , the companies said Monday. The Philadelphia-based firm said that the integration will allow all users of LodeStar’s closing fee calculator to access the title and settlement fees of any Stewart -related company, including those of independent title agencies issuing Stewart policies.

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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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Two Questions Every Homebuyer Should Ask Themselves Right Now

Keeping Current Matters

Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year.

Mortgages 248
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New Single-Family Homes Foundations in 2021

Eye on Housing

NAHB analysis of the Survey of Construction (SOC) shows that 67% of all new single-family homes started in 2021 were built on slab foundations, followed by 21% of homes built with a full/partial basement and 11% of homes built with a crawl space. As home building shifts towards the southern divisions, the slab adoption rates are growing larger. The share.

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Apply for REACH UK 2023!

GeekEstate

REACH UK is run by Second Century Ventures, the strategic investment branch of the National Association of Realtors. The program aims to increase the use of promising new technology in the real estate industry and its accompanying sectors like financing, banking, and insurance. Selected applicants will receive… Access to mentors from real estate, venture capital, and technology sectors.

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Here are the 2022 HousingWire Vanguards!

Housing Wire

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. But these industry veterans didn’t fall into these roles overnight. The vast majority of them have carved unique paths for themselves, picking up invaluable knowledge along the way to help them better strategize and lead their organizations.

Lending 434
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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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The Cost of Waiting for Mortgage Rates To Go Down

Keeping Current Matters

Mortgage rates have increased significantly in recent weeks.

Mortgages 251
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Windows that Wow

Coldwell Banker

What’s one of the fastest and easiest ways to update a room? You guessed it – window treatments. The post Windows that Wow appeared first on Coldwell Banker Blue Matter.

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Luxury Real Estate Headlines: First Week in October 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Linville, North Carolina | Premier Sotheby’s International Realty. The North Carolina house asking $29.75 million will be the state’s most expensive listing. A $29.75 Million Home With Mountain Views Looks to Break North Carolina’s Residential Record – Wall Street Journal.

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FHA plans to revamp its 203k renovation program

Housing Wire

The Federal Housing Administration (FHA) expects to issue in the next 90 days a request for information from the public to update its 203K program , a step to address the current affordability crisis by boosting the supply of homes. “We’re looking at revamping the 203k program,” Julienne Joseph, deputy assistant secretary in the Office of Single-Family Housing for FHA at the U.S.

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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.