Housing Wire
OCTOBER 11, 2022
There’s a showdown at the housing market corral between homebuyers and sellers. (Image by Brandon Johnson/HW Media.). When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.
RRT Submitted Articles
OCTOBER 10, 2022
Many believe that the property market is driven by an 18 year property cycle. This post explains what the 18 year cycle is.
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Realty Biz
OCTOBER 12, 2022
If you’re looking for a “secret weapon” as a real estate professional that will give you an edge over your competition, you’ve come to the right place. Here are some of the most real estate software tools that you should be using as an agent in today’s marketplace. Zillow Premier Agent. Let’s begin with the elephant in the room. Whether or not you like Zillow as a platform, it’s ubiquitous because of how robust its feature set is.
Keeping Current Matters
OCTOBER 13, 2022
Does the latest news about the housing market have you questioning your plans to sell your house?
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.
Eye on Housing
OCTOBER 14, 2022
Of the roughly 1.1 million single-family homes started in 2021, 63.4 percent came with porches, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development). This marks the first time the share of single-family homes with porches has dipped below 64 percent since 2015. .
The American Genius for Real Estate
OCTOBER 10, 2022
While houses are selling quickly right now, there are some things that will almost definitely turn a home buyer off.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Lighter Side of Real Estate
OCTOBER 12, 2022
Selling your house without an agent can sound appealing and pretty easy to do. Some people think they’ll save a ton of money on commission if they just stick a “for sale” sign on the lawn and hold a couple of open houses. To be fair, some people do successfully sell their house on their own. But it’s not as easy as it looks, and the majority of people who try to sell “for sale by owner” (FSBO) just aren’t able to.
Tom Ferry
OCTOBER 13, 2022
What are the Best Real Estate Scripts for Buyers in This Market? Everyone always asks, “What are best real estate scripts for buyers in this market?” The answer to that question is always, “Well, what is this market?” Because it really just depends. For most people, right now can seem like a scary time to […]. The post Today’s Best Real Estate Scripts for Buyers: Question You Need to Ask appeared first on Tom Ferry.
Housing Wire
OCTOBER 14, 2022
Twitter has become somewhat ubiquitous in today’s social media landscape, with more than 200 million users worldwide. The timeline moves about as quickly as the news does, which is why it can be such a valuable resource for those trying to keep up with current events. Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-
Keeping Current Matters
OCTOBER 14, 2022
Some Highlights. If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall. Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and expand your search radius. Your first home is out there. Work with a trusted real estate professional to explore your options and what other first-time buyers are doing to find their homes.
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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.
RRT Submitted Articles
OCTOBER 10, 2022
The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish.
Maximum Exposure Real Estate
OCTOBER 12, 2022
Things To Consider When Buying A Home With A Well Well inspections are critical when buying a home with a well as the primary water source. Buyers considering homes in rural settings will often encounter houses for sale that get their water from wells. With homes drawing on municipal sources, there is an assumption that […]. The post Well Inspectors Provide Inspections When Buying Homes With Wells appeared first on Maximum Real Estate Exposure.
Housing Wire
OCTOBER 13, 2022
On Thursday, the Bureau of Labor Statistics (BLS) reported that Consumer Price Index (CPI) inflation came in hotter than expected, and people are scared that the Federal Reserve will now be more aggressive with their rate hikes. Personally, I believe the Fed knows that rental inflation data can lag so at this point of the rate hike cycle, they won’t act in a more aggressive fashion.
Keeping Current Matters
OCTOBER 12, 2022
If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan.
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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.
RRT Submitted Articles
OCTOBER 10, 2022
Are interest rates going up or down? This post covers recent mortgage rate trends and the future forecasts of industry leading experts.
Eye on Housing
OCTOBER 12, 2022
The prices of building materials decreased 0.3% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) report. The PPI for goods inputs to residential construction, including energy, declined for the third consecutive month in September (-0.1%). Prices have fallen 2.3% since June, the largest three-month drop since April 2020.
Housing Wire
OCTOBER 14, 2022
Equifax will be providing telecommunications and subscription television credit data to the mortgage industry to “streamline the mortgage underwriting process and support loans within the secondary mortgage market,” the credit bureau said Friday. Providing utility payments to mortgage companies alongside traditional credit reports could improve homeownership prospects for more than 190 million consumers, 80% of whom have traditional credit files but may benefit from additional insigh
Keeping Current Matters
OCTOBER 10, 2022
As you set out to buy a home, saving for a down payment is likely top of mind.
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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.
RRT Submitted Articles
OCTOBER 10, 2022
The short-term rental market continues to grow! Let's go over the pros and cons along with how to analyze short-term rental markets.
Eye on Housing
OCTOBER 11, 2022
Average hourly earnings for residential building workers* continue to rise in August but at a slower pace. Wage growth has retreated from the highest rate of 2021. The recent housing slowdown indicates that, while labor demand is still high, employers are cautious about hiring amid a slowing economy and rising interest rates. According to the Bureau of Labor Statistics (BLS).
Housing Wire
OCTOBER 12, 2022
The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. Fannie Mae ‘s Economic and Strategic Research (ESR) Group now forecasts total single-family home sales to decline 18.1% to 5.64 million units this year from 2021, a further downward revision from September’s projected 17.2% drop.
Keeping Current Matters
OCTOBER 11, 2022
The housing market is rapidly changing from the peak frenzy it saw over the past two years.
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.
RRT Submitted Articles
OCTOBER 10, 2022
Homeownership is still the American dream for many! Check out this home buying guide for tenants ready to make the leap from renter to owner.
Lighter Side of Real Estate
OCTOBER 13, 2022
It doesn’t matter what the real estate market is like, homeowners often wonder if it’s the right time to sell. If only there were a clear sign that it’s the perfect time for you…. Well, maybe there is! See if any of these 11 memes hit home enough for you to realize that it’s the right time for you to sell your home! 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Housing Wire
OCTOBER 14, 2022
JPMorgan Chase and Wells Fargo & Co., two of the nation’s largest banks, each faced a double-digit decline in their mortgage origination volumes in the third quarter of 2022. And the coming days don’t look any kinder: the banks’ top executives said on Friday the landscape remains challenging due to macroeconomic and geopolitical issues.
Eye on Housing
OCTOBER 13, 2022
Consumer prices eased in September for the third-straight month as declines in energy prices partly offset increases in food and shelter indexes. Despite this slight improvement, inflation remains above an 8% year-over-year rate for the seven straight month. The food and shelter indexes continued to rise at an accelerated pace, with the owners’ equivalent rent index seeing the largest monthly.
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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.
RRT Submitted Articles
OCTOBER 10, 2022
Not sure how agents, brokers, and Realtors® differ? Click here to learn more about each of these job titles as well as what the jobs entail.
Maximum Exposure Real Estate
OCTOBER 10, 2022
What is a Realtor® Commission? A Realtor’s commission is how most real estate agents make a living. It is highly unusual for an agent in real estate to be paid a salary. Real Estate is a commission-based business. Yearly commission for Realtors can be highly erratic. One of the most popular questions among consumers is […]. The post What is a Realtors Commission and How Do The Fees Work appeared first on Maximum Real Estate Exposure.
Housing Wire
OCTOBER 12, 2022
Black Knight announced the integration of its digital servicing platform and its Surefire CRM, which it says will enhance customer engagement and retention. Servicing Digital , offered as an app or responsive web design, allows customers to easily access their loan- and home-related information, as well as perform self-service capabilities. Surefire is a mortgage-specific marketing automation and content solution that helps mortgage professionals reach new customers and earn repeat business. .
GeekEstate
OCTOBER 10, 2022
In this week’s founder interview, we’re bringing you Scott Patterson from Tumble. Without further ado…. Who are you and what do you do? I’m Scott Patterson and I founded Tumble in 2019 with a mission to modernize the laundry industry. After serving 11 years in the United States Marine Corps, I was trained to be diligent about my own laundry as well as my fellow Marines.
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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