Real Trends

SEPTEMBER 29, 2022

The typical house hunter who started searching in July and closed the deal on their new home in September saw their potential mortgage rate fluctuate by roughly half of a percentage point every four weeks, according to a new report from Redfin , the technology-powered real estate brokerage. That’s the most volatile three-month period since 1987, when mortgage rates swung wildly after surging to a record high of nearly 19% earlier in the decade while the Fed worked to quell severe inflation

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McKissock Real Estate

SEPTEMBER 28, 2022

For even the most veteran real estate professionals, managing time can be a struggle. That’s why it’s time to take advantage of a resource that you may be underutilizing: the weekend. Sure, you’re likely taking care of some real estate tasks on the weekend, as very few in the industry get to enjoy the standard 9-5 workweek; however, there are some things you can take care of over the course of Saturdays and Sundays during lulls that don’t take too much brainpower and will

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HomeLight

SEPTEMBER 26, 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 probably heard that open houses are a waste of time. They’re old-fashioned and out of style. But our guest this week would say what’s REALLY old-fashioned is doing open houses that don’t work.

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Eye on Housing

SEPTEMBER 28, 2022

A brief decline in mortgage rates helped to boost new home sales in August but sales are expected to move lower in the months ahead as rates have since moved higher and builder sentiment continues to fall due to declining housing affordability and ongoing supply chain bottlenecks. Sales of newly built, single-family homes in August increased 28.8% to a 685,000.

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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.

Industrial

Housing Wire

SEPTEMBER 30, 2022

Social media app TikTok is expected to reach 1.8 billion users by the end of 2022 – will you be one of them? Many mortgage professionals are turning to the platform as a way to connect with prospective borrowers and educate them on mortgage, as well as market themselves. We spoke to UMortgage Branch Manager Arielle Best, known as the VA Loan Lady on TikTok, about the platform and how best to utilize it as a mortgage loan originator.

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Keeping Current Matters

SEPTEMBER 26, 2022

The real estate market is on just about everyone’s mind these days.

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Marketing 281

HomeLight

SEPTEMBER 28, 2022

You’ve debated whether to put your house up for sale or rent it out. You’ve analyzed the market, done your research, and, after lengthy consideration, you’ve finally decided to hold on to your house and generate rental income. But at this point you’re wondering: “How much can I rent my house for?”. Landing on a fair-market value for your rental can be a big challenge, especially if you haven’t rented a house before.

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App Folio

SEPTEMBER 28, 2022

Property inspections can be cumbersome and costly, but they’re vital for protecting the bottom line. Rather than seeing inspections as.

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Inspection 105

Maximum Exposure Real Estate

SEPTEMBER 26, 2022

If you find out your new home has an easement during the closing process, it can be confusing. Easements on property allow a third-party access to your land, and understandably, you might not like the sound of this. While most property sales are not adversely affected by easements, problems can happen. To better understand your […]. The post What Are Easements: Easement Definition Explained appeared first on Maximum Real Estate Exposure.

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Housing Wire

SEPTEMBER 27, 2022

The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac , has been granted summary judgment on the last remaining claim by investors in a lawsuit alleging the government overstepped its authority when it adjusted its stock-purchase agreements with the agencies and allowed net worth sweeps. The plaintiffs, Fairholme Funds Inc., et al., are private-sector investors in Fannie Mae and Freddie Mac, which have been in conservatorship under FHFA oversight since the 2008 fin

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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.

Brokerage

Keeping Current Matters

SEPTEMBER 29, 2022

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget.

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Marketing 272

HomeLight

SEPTEMBER 26, 2022

You’ve heard the stories about people who’ve bucked the system when it comes to homebuying, striking out and building their home themselves at a huge savings. Considering the ever-rising costs of existing homes and the lack of affordable housing in many areas, building new can seem very appealing. But you also have to wonder how sustainable the idea really is.

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Construction New Construction Land Inspection 145

The Close

SEPTEMBER 29, 2022

We at The Close love Halloween! Not only is it the kickoff to the fall season with cooler weather and all things pumpkin spice, but it’s also that time of year to dress in costume, enjoy bite-sized candies, and stir up some screams with Halloween real estate marketing ideas. Fall is typically a great time to focus on a few marketing strategies to refill your pipeline after the busy summer rush.

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Housing Wire

SEPTEMBER 27, 2022

When Federal Reserve Chairman Jerome Powell talked about a housing reset in June , it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting , held last week, Powell finally clarified what he meant by that term and what a housing reset means to the Fed. However, a housing reset isn’t the only pressing issue — we now also have to think about a worldwide global recession.

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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.

Agents

Keeping Current Matters

SEPTEMBER 28, 2022

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates.

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Mortgages Marketing 242

Real Trends

SEPTEMBER 24, 2022

Making it big in the real estate industry today means taking advantage of every tool available and with millennials and Gen-Z driving demand in the housing market, social media can’t be forsaken. YouTube is one of the many platforms that Realtors can benefit big from, but how do you turn your viewing audience into actual business? The industry professionals below are not only doling out advice on marketing yourself as a Realtor, they’re leading by example with YouTube channels that leave viewers

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HomeLight

SEPTEMBER 29, 2022

When a homeowner dies intestate (without a will), it can trigger a lengthy legal process called probate. During this legal process, a court sorts through a deceased person’s property and determines which assets belong to whom. And if you’re on the buying or selling end of a probate home sale, it can be shocking to find out just how different the full process can be from a standard sale.

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Housing Wire

SEPTEMBER 28, 2022

New home sales came in as a massive beat of sales estimates, with a 28% month-to-month increase. And, out of the 461,000 new homes available for sale, only 49,000 have been completed and are available to be occupied. These are both crazy stats! Monthly supply data fell — in normal times this would be looked at as a bullish report for housing. However, in this environment, with falling year-over-year purchase application data, this report isn’t as bullish as it seems.

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Sales Construction As-is Mortgages 503

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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.

Sales

Keeping Current Matters

SEPTEMBER 30, 2022

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional.

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Marketing 250

Eye on Housing

SEPTEMBER 29, 2022

According to NAHB Economics analysis of the Survey of Construction (SOC) data, almost 9% of new single-family homes started in 2021 are served by individual wells and 16% have private septic systems. These shares, however, vary widely across the nine Census divisions with the corresponding shares reaching 36% and 44% in New England – the highest occurrence rates in the.

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Construction 116

Sotheby's International Real Estate

SEPTEMBER 26, 2022

From a US $33M sale in Beverly Hills, California, to a US $25M sale in Golden Beach, Florida, here are August 2022’s five highlighted sales represented by the Sotheby’s International Realty® global network. Beverly Hills, California . Victoria Risko | Sotheby’s International Realty – Beverly Hills Brokerage, US $33,200,000. Golden Beach, Florida.

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Housing Wire

SEPTEMBER 30, 2022

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. The survey also indicates a large dispersion in rates, meaning that homebuyers can save hundreds of dollars by shopping around with different lenders. A year ago at this time, rates averaged 3.01%.

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Mortgages Fixed-rate mortgage Loans Loan Officer 482

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.

Agents

HomeLight

SEPTEMBER 30, 2022

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. From the fresh paint to the shiny flooring, it’s a blank slate to make your own without dealing with any inherited problems or repairs… or so you hope. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home.

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Eye on Housing

SEPTEMBER 28, 2022

Consumer confidence increased for the second straight month to the highest level since April, as solid job gains, declining gas prices and easing inflation contributed to more optimistic views of economy. However, spending plans were mixed. The purchasing intention to buy cars and major appliances increased, while the intention to buy homes fell due to the rising mortgage rates.

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Mortgages 116

Coldwell Banker

SEPTEMBER 30, 2022

With a mixture of the Argentinean, Andean and Bolivian cultures, cuisine influence and traditions, Salta offers the perks of a large city while keeping the pace and comfort of a small town. Mountains and rivers, impressive museums, candlelit cafes, and vibrant peñas (folk-music clubs), Salta has something for everyone. The post Coldwell Banker Around the World: September 2022 appeared first on Coldwell Banker Blue Matter.

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Housing Wire

SEPTEMBER 29, 2022

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. . According to former top executives and business partners, FoA signed a letter of intent to sell its forward mortgage retail business to competitor Guaranteed Rate , but negotiations are still in progress and remain fluid.

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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.

Agents

HomeLight

SEPTEMBER 24, 2022

Idaho is one of the most popular states for older Americans making a move to retire or downsizing as they prepare for retirement. With its lower cost of living, Idaho attracts seniors from other states who want their retirement income to go further, according to Becky Schiebout, a top-performing Boise area real estate agent and senior partner with Barbara Dopp.

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Land lease Agents Land Development 110

Eye on Housing

SEPTEMBER 26, 2022

The share of homes built with patios hit a record high in 2021. Of the roughly 1.1 million single-family homes started in 2021, 63 percent came with patios. This number comes from NAHB tabulation of data from the Survey of Construction (conducted by the U.S. Census Bureau with partial finding from the Department of Housing and Urban Development). Patios on.

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GeekEstate Agents & Brokers

SEPTEMBER 27, 2022

The Sitzer v. NAR antitrust lawsuit has the potential to turn an industry-accepted compensation construct on its head. At stake in this case is whether four commission-sharing rules within the National Association of REALTORS® Handbook and Code of Ethics subscribed to by all REALTORS® amount to price-fixing. While I won’t get into all of the details of the case (you can read about it here if you are so inclined), anyone whose business relies, in some shape or form, on agents earning cooperative

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Agents MLS Industrial As-is 104

Housing Wire

SEPTEMBER 24, 2022

Caliber Home Loans , owned by publicly-traded Rithm Capital , issued pink slips to at least 300 employees earlier this week as soaring mortgage rates thin out already-declining origination volume. The lender has made at least four rounds of layoffs this year, multiple sources told HousingWire. An internal document viewed by HousingWire details which jobs were eliminated as part of the reduction in force on Tuesday.

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Loan Officer Loans Residential Mortgages 435

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.

Agents