Sat.Jul 01, 2023 - Fri.Jul 07, 2023

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Covering New Ground: 4 Outside-the-Box Places to Find Leads

RIS Media

You might already have a good grip on the best or cheapest leads for your business. But very few agents (or likely, zero) would say, “I have plenty of good sources for leads, I don’t need anymore.” Even if you are happy paying Zillow, or get lots of leads through your sphere of influence or… The post Covering New Ground: 4 Outside-the-Box Places to Find Leads appeared first on RISMedia.

Agents 105
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With low inventory, house hunters are in full safari mode

Housing Wire

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales.

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Today’s Housing Inventory Is a Sweet Spot for Sellers

Keeping Current Matters

One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.

Sales 246
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The stories and trends that defined a whirlwind first half of 2023

Inman

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023.

Brokerage 142
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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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Rates On The Rise

BubbleInfo

Mortgage rates will be surging after the jobs report today, and you might wonder about the impact. The Fed doesn’t meet again until the last week of July, and, by then, it will be certain that they will bump another quarter or half-percent.

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Harnessing the Power of Google in the Real Estate Industry

Realty Biz

Google is an ever-present force in our modern, digitally connected world. Beyond being just a search engine, it has evolved into an essential suite of tools used across a multitude of industries. The real estate industry, reliant as it is on the constant exchange of information and the constant need for visibility, can particularly benefit from Google's varied offerings.

More Trending

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Why AI Is About to Make Real Estate Investing EVEN Easier

Bigger Pockets

Artificial intelligence (AI) like ChatGPT might not be great at writing podcast intros, but when it comes to building a rental property or real estate portfolio, these platforms produce far […]

Marketing 120
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66% Of Young People Are Peeping on Their Pals’ Property Prices… and It’s Stressing Them Out

Lighter Side of Real Estate

According to a recent survey done by Mphasis , 66% of people under the age of forty-six check out how much their friends’ houses are worth by looking on home valuation websites. Hey, it’s public record and readily available, so what’s the big deal, right? Well, the survey also revealed that 79% of those who do end up feeling stressed, concerned or upset.

Equity 84
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Housing Market Tracker: Inventory is negative YOY

Housing Wire

Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data.

Marketing 482
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Steve Baird: Brokerage owners ‘need to focus on what we can control’

Real Estate News

The Baird & Warner CEO shares how his family business has thrived in a cyclical, sometimes “regressive” industry, and discusses the future of buyer agency.

Brokerage 260
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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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The Benefits of Downsizing for Homeowners [INFOGRAPHIC]

Keeping Current Matters

Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.

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Is this really who we ‘R’? 

Inman

In the face of new harassment allegations at the highest levels of leadership, where is the outrage? asks speaker and writer Valerie Garcia. Is this who we are as Realtors?

As-is 167
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Will labor data send mortgage rates to 8%?

Housing Wire

The 10-year yield and mortgage rates have been rising close to the 2023 high as some labor data shows that the honey badger labor market is still growing. To make things even more complicated, the spreads between the 30-year mortgage rate and the 10-year yield keep getting wider. The question is: will the labor data push mortgage rates to 8%? In my 2023 forecast , I wrote that if the economy stays firm, the 10-year yield range should be between 3.21% and 4.25% , equating to mortgage rates betwee

Mortgages 446
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Buyers will pay a premium for walkable communities

Real Estate News

Younger generations are especially motivated by walkability, even if it means paying more, giving up yard space or living in a multifamily dwelling.

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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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Two Questions To Ask Yourself if You’re Considering Buying a Home

Keeping Current Matters

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.

Marketing 241
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Woman withdraws case accusing NAR, Kenny Parcell of harassment

Inman

Janelle Brevard initially sued the National Association of Realtors, claiming her firing was a form of harassment and retaliation. The case ended Thursday, though many questions still remain.

MLS 166
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DataDigest: Inventory and the purported ‘Airbnb crash’

Housing Wire

There was a viral tweet going around from YouTube housing influencer Nick Gerli. You’ve probably seen it. Gerli cites data from a company called AllTheRooms to make the case that the Airbnb /short-term rental market is “crashing” and it will have a big impact on inventory. Indeed, the chart he shared is alarming. A nearly 50% drop in revenue in some markets!

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Brokers in Focus: Choosing to merge and retire a brand

Real Estate News

Facing a contraction of his brokerage business, J. Philip Faranda made a previously "unthinkable" decision. Now he wishes he had done it sooner.

Branding 258
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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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Evaluating Your Wants and Needs as a Homebuyer Matters More Today

Keeping Current Matters

When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic.

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US home prices projected to grow ‘convincingly’ in 2024: Economist

Inman

Existing-home sales are expected to tumble to a 12-year low by the end of 2023, but they won't stay that way for long, Realtor.com Chief Economist Danielle Hale predicted on Wednesday.

Sales 170
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Mortgage rates reach their 2023 peak

Housing Wire

Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%. By contrast, the 30-year was at 5.30% a year ago at this time.

Mortgages 397
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'Threads' is taking off — here's why you should try this Twitter alternative

Real Estate News

Yes, there's a new social media app in town. It might be a fad — or the next big thing — but getting on board now could reap dividends for your business.

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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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Americans Still View Homeownership as the American Dream

Keeping Current Matters

Everyone’s interpretation of the American Dream is unique and personal.

Marketing 245
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Americans resigned to high home prices, mortgage rates: Fannie Mae

Inman

Consumer confidence in the housing market "appears to have plateaued at a relatively low level," said Fannie Mae Chief Economist Doug Duncan in a new homeowner survey released on Friday.

Mortgages 162
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Consumers may be coming to terms with elevated rates and high home prices: Fannie Mae

Housing Wire

Consumer confidence in housing may have plateaued, according to the latest home purchase sentiment index (HPSI) by Fannie Mae. The HPSI — which tracks the housing market and consumer confidence to sell or buy a home — rose a mere 0.4 points to 66 as difficult supply and affordability conditions continue to weigh on the housing market, according to Fannie Mae.

Sales 413
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NAR accuser withdraws racial, sexual discrimination suit

Real Estate News

A former employee has withdrawn a lawsuit alleging she was unfairly fired after ending a relationship with the National Association of Realtors president.

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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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Luxury Real Estate Headlines, First Week in July 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Sonoma, California | Sotheby’s International Realty – Sonoma Brokerage The renovated residence overlooks Mt. Diablo, the San Pablo Bay and the San Francisco skyline. Decorist Founder Selling California Wine Country Home for $12.5 Million – Mansion Global In Beverly Hills, Even the Cheapest Homes Cost Millions – The Wall Street Journal Asheville Was Already Cool—Now It’s Luxe – Barron’

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A first-time buyer in WW2, client becomes homeowner again at 100

Inman

The North Carolina centenarian, who bought her first home in the 1940s, is settling in at the "lovely house" where she'll live with her son, news station WSOC-TV reported.

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D.R. Horton acquires homebuilding assets from Truland Homes

Housing Wire

In a bid to strengthen its position in the Gulf Coast market, has acquired Truland Homes , the largest private homebuilder along the Gulf Coast, according to an announcement issued Thursday. The purchase deal includes Truland’s homebuilding assets, which consist of approximately 263 lots, 155 homes in inventory, and 55 homes in the sales order backlog. “We are excited for the Truland team to join the D.R.

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Brokers in Focus: Rethinking a brokerage exit strategy

Real Estate News

J. Philip Faranda grew a thriving brokerage business over 18 years. He never considered selling — but then the market shifted. Here's his story.

Brokerage 231
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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.