Sat.Oct 07, 2023 - Fri.Oct 13, 2023

article thumbnail

Consumers point to mortgage rates, not home prices, as key barrier to affordability 

Housing Wire

Elevated mortgage rates continue to dampen already-pessimistic consumer housing sentiment and create affordability woes for both homebuyers and sellers. That feeling is underscored in Fannie Mae ’s latest Home Price Sentiment Index (HPSI), which decreased by 2.4 points in September to 64.5. The index tracks the housing market and consumer confidence to sell or buy a home.

Mortgages 518
article thumbnail

10 coaching secrets that’ll revolutionize a real estate business

Inman

From mediocre manager to legendary leader, these strategies from luxury real estate consultant Chris Pollinger will help you take your real estate business to the next level.

Brokerage 186
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Latest Expert Forecasts for Home Prices in 2023

Keeping Current Matters

Are you thinking about making a move?

357
357
article thumbnail

Common Myths About Selling Houses

RIS Media

Selling a house can be complex and daunting, often filled with anxiety and uncertainty. Unfortunately, several myths and misconceptions surrounding home sales can further complicate matters for homeowners looking to sell their properties. We will delve into the common myths about selling houses and debunk them, providing clarity and valuable insights for anyone embarking on… The post Common Myths About Selling Houses appeared first on RISMedia.

Sales 143
article thumbnail

The 2025 Real Estate Roadmap to Success

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.

article thumbnail

‘HENRYs’: Why Do They Matter to Luxury Real Estate?

RIS Media

The luxury real estate market is ever-changing—and the most successful real estate professionals are the ones who can stay one step ahead of new developments. If you’re looking to grow your own sphere of influence in the luxury market, you should be aware of an emerging segment of buyers known as HENRYs. By understanding this… The post ‘HENRYs’: Why Do They Matter to Luxury Real Estate?

article thumbnail

From Drab To Fab- How to Stage A Bedroom

Realty Biz

Selling a home isn't just about the property; it’s about selling a potential lifestyle. The bedroom, is often a homeowner's sanctuary or retreat, is a vital part of the function of a home for many buyers. Here's a more in-depth look at making your bedroom a buyer's dream. Find some quick tips on staging a bedroom. Understanding the Heart of a Home Every homeowner knows that a bedroom is more than just a sleeping space.

Staging 123

More Trending

article thumbnail

Instant Reaction: Mortgage Rates, October 12, 2023

NAR: Economic Outlook

Instant Reaction: Mortgage Rates, October 12, 2023 This week, mortgage interest rates inched upwards and closer to the 52-year average (7.74% since 1971) by hitting 7.57%.

article thumbnail

Understanding Landlord Insurance Coverage: What Does Landlord Insurance Cover?

Mashvisor

Investing in rental properties can be a great way to make money in both the short term and the long run. However, it comes with multiple risks.

41
article thumbnail

25 Best Real Estate YouTube Channels (Coaching, Humor & More)

The Close

Over the last few years, I’ve noticed the quantity and quality of free training for Realtors on YouTube has exploded. If you know where to look, you can find experts doing deep dives on everything from social media marketing to creating listing presentations. The trick is knowing which real estate YouTube channels offer the best content. To help you get started, I’ve put together this list of the best real estate YouTube channels online today.

Agents 104
article thumbnail

Inventory growth slows even with higher rates

Housing Wire

Mortgage rates were scarier than Freddy Krueger last week, rising to a 23-year high as some of the labor data surprised to the upside. Unfortunately, those higher mortgage rates didn’t spur inventory growth this week, so we didn’t even get the benefit we would usually see when rates rise. And higher mortgage rates pushed purchase application data down 6% week to week.

Mortgages 508
article thumbnail

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.

article thumbnail

The Difference Between Renting and Buying a Home [INFOGRAPHIC]

Keeping Current Matters

When deciding between buying a home or renting, think about these three important factors.

344
344
article thumbnail

3 ways the pandemic shaped the housing market

Real Estate News

Government policies and the rise of remote work contributed to declining affordability, but real estate agents have an opportunity to show their value.

Marketing 284
article thumbnail

Why high-net-worth individuals are purchasing secondary homes

Inman

Owning multiple properties is relatively common with ultra-high-net-worth individuals. Agents should be well-versed in helping them identify and acquire secondary homes that fulfill their needs and goals.

Agents 210
article thumbnail

HousingWire Annual: FHFA’s Sandra Thompson addresses loan buyback issue

Housing Wire

The Federal Housing Finance Agency (FHFA) Director Sandra Thompson said Wednesday that the agency is working to provide more clarity on its framework and use alternatives amid a spike in Fannie Mae and Freddie Mac ‘s loan buybacks. The GSEs’ loan buybacks have been one of the top complaints among mortgage lenders in a near 8% mortgage rate environment.

Loans 505
article thumbnail

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.

article thumbnail

Are Grandparents Moving To Be Closer to Their Grandkids?

Keeping Current Matters

During the pandemic, many people distanced themselves from their loved ones for health reasons.

67
article thumbnail

NAR doubles down on commission practices ahead of trial

Real Estate News

An attorney for the organization said a loss would be “bad news for consumers” and force the industry “back into the 19th century.

article thumbnail

Housing groups urge Federal Reserve to stop hiking rates

Inman

MBA, NAR and NAHB say uncertainty over the Federal Reserve's next moves is disrupting the housing sector and threatening to send the U.S.

Mortgages 205
article thumbnail

5 steps to succeed as a real estate agent in a down market 

Housing Wire

It’s a weird time to be a real estate agent , and I see it all around me here in the Denver metro. Brokers who rode the proverbial wave of real estate during the pandemic and have now had to reroute or pivot to figure out how to navigate a market that was once boasting the lowest rates in decades are disoriented. For those of us who have spent most of our careers in real estate, we know what it’s like to be part of a feast or famine industry.

Agents 497
article thumbnail

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.

article thumbnail

Growing Your Net Worth with Homeownership

Keeping Current Matters

Take a moment to imagine where you want to be in a few years.

326
326
article thumbnail

Mortgage rates now three times higher than in 2021

Real Estate News

Economic signals appear to be keeping rates elevated as they climb for a fifth straight week.

Mortgages 257
article thumbnail

Real humans are better than artificial intelligence

Inman

Although technology has its place, it simply can't compare with the human touch when it comes to marketing and running a real estate business. Broker Teresa Boardman differentiates the skills AI is good at from those that you can do better.

article thumbnail

CrossCountry in talks to acquire Fairway: sources

Housing Wire

Two top-20 mortgage lenders in the United States may combine forces amid the most challenging market in decades. CrossCountry Mortgage is in talks to acquire Fairway Independent Mortgage Corp. , nine industry sources told HousingWire. The talks remain ongoing and are not believed to be in the late stages, sources said. If the deal is completed, it will catapult CrossCountry to becoming the fourth-largest mortgage lender in the country, behind United Wholesale Mortgage (UWM), Pennymac Financial a

article thumbnail

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.

article thumbnail

Key Skills You Need Your Listing Agent To Have

Keeping Current Matters

Selling your house is a big decision.

Agents 315
article thumbnail

Mortgage exec: Lower rates, ‘big refi move’ coming in 1-2 years

Real Estate News

Greg Schwartz, CEO of online lender Tomo and former head of Zillow’s Premier Agent business, sees some relief ahead for consumers — and a reckoning for agents.

Mortgages 256
article thumbnail

Real adds 56 real estate ‘Legends’ in Northern California

Inman

Real Brokerage has added 56 agents through the acquisition of Legends Real Estate in Sacramento led by John Pope, a 45-year veteran of the industry.

Brokerage 201
article thumbnail

HousingWire Annual: NewRez’s Silverstein explains Computershare acquisition strategy

Housing Wire

CEDAR CREEK, Texas — Real estate investment trust Rithm Capital Corp.’s $720 million acquisition of Computershare Mortgage Services Inc. allows the company to improve its fee-based income as the deal includes the purchase of Specialized Loan Servicing LLC (SLS). “The SLS platform for us is very much the focus as to how we think about fee-based income and third-party business,” Baron Silverstein, president at NewRez , a subsidiary of Rithm, said on Wednesday afternoon during the HousingWire

Principal 493
article thumbnail

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.

article thumbnail

Airbnb CEO Says Platform is Fundamentally Broken—His Solutions Might Scare Investors

Bigger Pockets

Recently, CEO Brian Chesky admitted Airbnb had its faults but illuminated a path forward that might not be as favorable to investors. Here's what you need to know.

Investor 134
article thumbnail

Homebuyers get creative as market sentiment sours

Real Estate News

Most consumers say it’s a bad time to buy, but for the determined, family members can help them overcome affordability hurdles.

Marketing 246
article thumbnail

How to turn your Google Business Profile into a lead gen machine

Inman

If you want to raise your profile on the world's most prominent digital platform, a Google Business Profile is the way to go. Jimmy Burgess offers the secrets to optimizing your online presence with this underutilized marketing tool.

Marketing 200
article thumbnail

Introducing the 2023 HW Vanguards

Housing Wire

In its 9th year, the HousingWire Vanguards award offers a definitive list of the top leaders in housing who are shaping the housing economy for the better. The forward-thinkers and trailblazers who are shaping the industry through their unwavering commitment, transformative ideas and steadfast dedication to driving growth and positive change. This year, 100 honorees were selected for their outstanding leadership in the midst of market volatility.

Lending 488
article thumbnail

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.