Housing Wire
SEPTEMBER 21, 2022
Housing construction in the U.S. during the brief COVID-19 recession, to that recovery, and now in the new housing recession, is going to go down in history as one of those crazy data lines we lived through. Just to give you some perspective here, at the peak of 2005, we had about 2.24 million housing completions in the monthly report. Today, even with over a decade of building growth, we are at 1.342 million.
The Close
SEPTEMBER 23, 2022
Real estate ads should do more than just make your phone ring. If you put in the time and effort to really connect with your local community, your ads can actually help build your personal brand to make you the go-to real estate expert in your farm area. They are that powerful! To help inspire you to create ads that make your phone ring and help build your brand, we put together this freshly updated list of 27 examples of clever real estate ads for 2022.
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Eye on Housing
SEPTEMBER 22, 2022
Continuing its tightening of financial conditions to bring the rate of inflation lower, the Federal Reserve’s monetary policy committee raised the federal funds target rate by 75 basis points, increasing that target to an upper bound of 3.25%. This marks the third consecutive meeting with an increase of 75 basis points. These supersized hikes are intended to move monetary policy.
Keeping Current Matters
SEPTEMBER 22, 2022
Experts are starting to make their 2023 home price forecasts.
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.
Lighter Side of Real Estate
SEPTEMBER 22, 2022
Running late for an appointment can happen to even the most timely person. For instance, who hasn’t gotten stuck in traffic at some point in their life?! Something like that is a legitimate excuse that you can’t predict or avoid, unless you always leave ridiculously early just to make sure you don’t! Which is why real estate agents totally understand if you’re running a few minutes behind to meet them.
The Close
SEPTEMBER 22, 2022
When it comes to sending real estate thank-you notes to clients, there are two schools of thought: Some agents never send them with the view that clients should be thanking THEM. Smarter agents ALWAYS send thank-you notes to buyers and sellers. Why? They understand that making a personal connection after closing a deal is crucial to establishing enduring client relationships.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The American Genius for Real Estate
SEPTEMBER 19, 2022
As kids head back to school and people enter their post-summer work mode, homebuying is at its peak with low prices and high inventory.
BubbleInfo
SEPTEMBER 22, 2022
No surprise that our new listing found a buyer already. The one-story homes with all the extras are probably the most attractive buys in the marketplace, and anyone can sell these – it’s just a matter of who can get what price. I had 200+ people attend the open houses last weekend – and at […].
Real Trends
SEPTEMBER 20, 2022
Gainesville, Ga., led communities with 100,000 to 250,000 in population with nearly 15,000 projected listings. Port St. Lucie, Fla. (23,800), Durham-Chapel Hill, N.C. (44,850), North Port-Sarasota-Bradenton, Fla. (40,141), Nashville-Davidson-Murfreesboro-Franklin, Tenn. (82,050), Phoenix-Mesa-Chandler, Ariz. (136,394) and New York-Newark-Jersey City, N.Y.
Housing Wire
SEPTEMBER 21, 2022
Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. Today, as affordability wanes and housing supply ticks up, house price growth is decelerating and will likely continue to trend towards its historical average.
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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.
Keeping Current Matters
SEPTEMBER 23, 2022
Some Highlights. When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. Connect with a trusted real estate professional for advice on what you may want to do to get your house ready to sell this season.
GeekEstate
SEPTEMBER 22, 2022
[Editor’s note: Originally published in the GEM as a Weekly Radar entry.]. SYMBiHOM is a company in the Bay area that designs prefabricated garage to ADU conversionprefab kits that take less than 4 weeks to install. Based on the garage dimensions, ADUs can be a studio, 1-bedroom, or 2-bedroom living unit with a full bathroom and kitchen. The solution increases workforce housing, homeowner income, multifamily living and aging in place with income.
Eye on Housing
SEPTEMBER 19, 2022
In another sign that the slowdown in the housing market continues, builder sentiment fell for the ninth straight month in September as the combination of elevated interest rates, persistent building material supply chain disruptions and high home prices continue to take a toll on affordability. Builder confidence in the market for newly built single-family homes fell three points in September.
Housing Wire
SEPTEMBER 22, 2022
Today the National Association of Realtors reported that existing home sales fell once again to 4.80 million. Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. .
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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.
Keeping Current Matters
SEPTEMBER 21, 2022
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home.
GeekEstate
SEPTEMBER 21, 2022
They say time is money, which means time is our most valuable resource as landlords. In addition to being a real estate investor and landlord myself, I’m a CEO, an entrepreneur, a husband and a father. I am always, always, always looking for tools and technology that can help me streamline my workflow and give me more time to focus on the bigger picture. .
The Close
SEPTEMBER 23, 2022
Despite what you might think, improving a home’s curb appeal doesn’t have to cost a fortune. Check out these curb appeal ideas that successful real estate agents use to make their listings look great and sell faster on a budget. So rest assured: No matter what your budget is, there are ways to make your listing shine. To help you boost your listing’s curb appeal, we worked with top-producing listing agents from Douglas Elliman and Ryan Serhant’s new brokerage SERHANT. to come up with the 29 best
Housing Wire
SEPTEMBER 22, 2022
Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. Mortgage rates have nearly doubled to around 6.5% from the beginning of this year, but they may have not peaked, putting pressure on affordability challenges for most prospective buyers as the Federal Reserve vows to tame inflation.
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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.
Keeping Current Matters
SEPTEMBER 19, 2022
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know.
Eye on Housing
SEPTEMBER 22, 2022
The latest results from the Federal Reserve’s Z.1 Financial Accounts of the United States, i.e., the Flow of Funds, show that in the second quarter of 2022, growth of the market value of all owner-occupied real estate in the United States slowed after showed the largest year-over-year percentage gain since 2001 the prior quarter. The market value of owner-occupied real.
GeekEstate
SEPTEMBER 22, 2022
In this week’s founder interview, we’re bringing you Dalip Jaggi from Revive. Without further ado…. Who are you and what do you do? Hey, I’m Dalip! I’m the co-founder of Revive Real Estate – a real estate solutions company that is focused on ways to help homeowners maximize the value of their home equity. This is really just a fancy way of saying, I like to help homeowners be smart in their real estate decisions so that they can build better futures for themselves and the
Housing Wire
SEPTEMBER 22, 2022
Economists at Fannie Mae say the Federal Reserve ‘s fiscal policy is having its desired effect on the housing market – home price growth began to slow in the summer, and the GSE says the housing slowdown will continue through 2023. The agency’s Economic and Strategic Research (ESR) Group forecasts the total home sales to decline 17.2% to 5.71 million units this year from 2021, a further downward revision from August’s projected 16.2% drop. .
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.
Keeping Current Matters
SEPTEMBER 20, 2022
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time.
Maximum Exposure Real Estate
SEPTEMBER 19, 2022
How much space is there in a home? You might want to know this for your own house or one you are looking to buy. Surprisingly, no national standards exist for how square footage is calculated in residential properties. Since there aren’t any national standards, many different methods for how to measure in sq ft […]. The post How is Sq Ft Calculated in a Home appeared first on Maximum Real Estate Exposure.
GeekEstate
SEPTEMBER 20, 2022
The industry will convene in Los Angeles for iOi , the two-day conference on September 28th and 29th (next week!!), at the JW Marriot L.A. Live. NAR’s venture capital arm, Second Century Ventures , will present the Pitch Battle competition. Each entrant will conduct a live, 4-minute pitch on their product or service, followed by a 4-minute rapid-fire question-and-answer session from a panel of judges.
Housing Wire
SEPTEMBER 20, 2022
No serious observer of today’s economy doubts that it is harder and harder for everyday folks to buy a home. This is especially true for first-time homebuyers across the country, in exurbs, Sunbelt suburbs, and neighborhoods in cities large and small. This escalating unaffordability affects the long-term opportunities of virtually everyone who doesn’t own a home, and the children of those who do.
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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.
Eye on Housing
SEPTEMBER 21, 2022
In August, housing starts rebounded but housing permits declined for the second straight month. The August drop in building permits indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. Overall housing starts rose 12.2% to a seasonally adjusted annual rate.
Sotheby's International Real Estate
SEPTEMBER 18, 2022
Few things can transform a bath like a dazzling display of tile. Featuring striking details and vibrant hues, the tile in these four unique baths—in homes from the Northeast to the Southwest—are sure to make a splash. Lincoln Park Luxury. Serena Boardman | Sotheby’s International Realty – East Side Manhattan Brokerage. High above Manhattan, this chic condominium home in one of the city’s most sought-after residential buildings has been renovated with impeccable attention to detail.
HomeLight
SEPTEMBER 19, 2022
Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. You’ve worked with dozens, or maybe hundreds, of appraisers in your real estate career. But how well do you REALLY know what an appraiser does? This week on The Walkthrough , veteran appraiser Jamie Owen is back to talk about what he looks for when he visits and appraises a home.
Housing Wire
SEPTEMBER 21, 2022
Atlanta-based non-QM lender Angel Oak Cos. , through its mortgage-backed securities conduit Angel Mortgage Trust , has unveiled its sixth private-label securities (PLS) offering of 2022, even as fast-rising interest rates have jumped far ahead of the lower-rate legacy loans securing the deal. The average coupon is 5% for the pool of 795 non-qualified (non-QM) mortgages backing the current offering — dubbed AOMT 2022-6, valued at $389.3 million, according to a bond-presale report by Fitch Ratings
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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