Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. I talked about having a 23% price-growth model for the housing market in the years 2020-2024 as a critical marker of balanced growth versus overheating, especially as inventory had been falling for years right into our critical demographic patch.

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Sales Mortgages Construction Marketing 540

Eye on Housing

JULY 13, 2022

Consumer prices reached a new 40-year high in June as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the fourth straight month for inflation above an 8% rate and was the largest year-over-year gain since November 1981. Both energy and shelter index recorded their largest annual gains since April 1980 and February.

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Realty Biz

JULY 12, 2022

Before listing a home on the market, staging the property is one of the first steps a seller should take. Effectively staging a home showcases its best features and helps potential buyers imagine themselves making the place their new home. But there’s more to staging your home than putting some of your personal belongings in storage and styling furniture.

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Staging Renovation Agents As-is 102

Keeping Current Matters

JULY 13, 2022

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait?

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Marketing 288

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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.

Development

Housing Wire

JULY 15, 2022

Wells Fargo ‘s second-quarter earnings reflect the broader challenges mortgage lenders face in such a turbulent market – in just six months, a rapid rise in mortgage rates has eroded consumer demand, shocked capital markets and forced mass industry layoffs. And those fundamental challenges are not going away anytime soon. The third-biggest U.S. mortgage lender by volume on Friday reported a decline in originations, a decrease in gain-on-sale margins and lower revenues from the re-securitiz

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Mortgages Lending Banks Brokerage 459

The Mortgage Report

JULY 11, 2022

Rising mortgage rates have put the squeeze on home buyers. Here are nine tips to afford more house at today's rates without saving more cash.

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Mortgages Closing costs Closing 132

Keeping Current Matters

JULY 15, 2022

Some Highlights. It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save.

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Equity 271

Housing Wire

JULY 15, 2022

Four new mortgage-servicing rights (MSR) offerings for agency loan portfolios valued at some $3.7 billion hit the market as the third quarter of the year kicked off. Alexandria, Virginia-based advisory and brokerage firm Prestwick Mortgage Group , along with its strategic partner, San Diego-based Mortgage Capital Trading (MCT), recently released bid documents for two separate MSR offerings involving loan portfolios valued at $1.85 billion in total.

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Marketing Loans Mortgages Brokerage 448

McKissock

JULY 10, 2022

How do you determine the investment value of a property? Well, it’s an art. It’s not like valuing a house in which you are going to live. That would be the homeowner value. When estimating a property’s investment value, there are a variety of real estate valuation methods you can use. In this article, we’ll walk through several techniques and discuss the advantages and disadvantages of each.

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Maximum Exposure Real Estate

JULY 14, 2022

What to Know About Selling Hoarder Houses Do you need to sell a hoarder’s house? The term “hoarding house” or “hoarders house” is foreign to many people. Some people learn about hoarding homes from television and others discover them because they find out a relative or friend has this affliction. Hoarding disorder is a mental […].

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As-is Marketing 130

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

Keeping Current Matters

JULY 14, 2022

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008.

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Marketing 262

Housing Wire

JULY 15, 2022

One statistic in the Mortgage Bankers Association ’s latest quarterly Mortgage Bankers Performance Report sticks out for all of the wrong reasons. In the first quarter of 2022, the average cost to originate a mortgage for an independent mortgage bank was more than $10,000 per loan, rising for the seventh consecutive quarter and breaking previous report records. .

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Technology Mortgages Loans Industrial 435

Realty Biz

JULY 14, 2022

Simply put, digital marketing for real estate is the process of promoting your real estate business online. The marketing activities involved can vary widely depending on your business type and target audience. There are hundreds of different online marketing channels available that real estate professionals can utilize in the digital age. This can make it seem like a challenging task to create a digital marketing strategy that will work for your real estate business.

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Marketing Branding Design Agents 128

Lighter Side of Real Estate

JULY 13, 2022

Many headlines would have you believe that bidding wars and houses selling for over the asking price are a thing of the distant past. But it was only a few weeks ago that buyers wouldn’t have dreamed of finding a house where that wasn’t the situation. There have certainly been signs of the market softening a bit in favor of buyers, but bidding wars are still a thing, as well as houses fetching offers over asking price—even if it isn’t happening on every listing.

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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

JULY 12, 2022

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home?

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Marketing 254

Housing Wire

JULY 13, 2022

High lumber prices are often blamed for high home prices. I recently saw a $60k home price reduction offered by a builder because “lumber prices have fallen…we are passing that savings to you.” That just doesn’t add up. In a blog post from January 4 , the National Association of Home Builders said that the 167% rise from last summer’s low lumber prices to over $1,000 per thousand board feet (mbf) added only about $18,600 to the cost of a home.

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Maximum Exposure Real Estate

JULY 13, 2022

If you are the owner of a condemned property, you may wonder what will happen to your house. Condemned houses often bring a certain amount of curiosity. You may have even driven by condemned houses with signs saying as much. There are likely no trespassing signs to keep people away from what could be a […]. The post What is a Condemned House and What Happens to The Owner appeared first on Maximum Real Estate Exposure.

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As-is Marketing 125

GeekEstate

JULY 12, 2022

[Editor’s Note: Geek Estate Offers are special offers for members of the GEM ]. Once again, CREtech is bringing together leaders in the commercial, residential, PropTech, and climate tech industries for two days of speaking engagements, networking opportunities, and industry insights in the incredible New York City. Register if you want to… Get off of zoom and back to in-person networking opportunities with other innovative-driven industry professionals.

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Staging Commercial Residential Technology 124

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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

JULY 11, 2022

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent.

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Mortgages Marketing 251

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. Sitting in traffic, Tomaszewski wished he could pay an Uber driver to take the photos instead. “When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Toma

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Inspection Technology Loans Mortgages 435

Brownstoner

JULY 11, 2022

“Why didn’t you come to us first?” and “How much would it take for you to walk away from this building?” The two questions, one for the owner of the Jacob Dangler mansion at 441 Willoughby Avenue in Bed Stuy and one for a developer planning to demolish it, were posed… Read More > The post How Much Would It Take to Walk Away? Locals Ask Developer, Owner of Bed Stuy’s Dangler Mansion appeared first on Brownstoner.

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Development 122

GeekEstate

JULY 14, 2022

[Editor’s note: originally published on GoPropTech.]. Everyone involved in real estate investment has witnessed the explosion in the rental market over the last few years. While real estate investment was a part-time, supplemental source of income for some investors, many have been able to take it full-time, with single-family and multifamily rental properties.

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Technology Investor Property Management Renovation 122

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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

Eye on Housing

JULY 12, 2022

Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows that the rising trend of single-story homes reversed in 2021. The share of single-story homes decreased in 2021 and the share of two or more stories homes started was greater than one story homes. This is in line with recent NAHB analysis of new.

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Construction 119

Housing Wire

JULY 15, 2022

In today’s fast-paced real estate market, results and creative problem solving are the name of the game, which are two keys areas that Nick Bailey, president and CEO of RE/MAX , is more than skilled at. This is why HousingWire is honored to include Bailey in the list of speakers for HW Annual 2022. Attendees can find Bailey on the stage Tuesday morning , October 4th.

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Coldwell Banker

JULY 11, 2022

Tips for a peaceful first night in your new home. The post What To Pack For Your First Night In Your New House appeared first on Coldwell Banker Blue Matter.

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GeekEstate

JULY 11, 2022

Over the past few years, the real estate industry has undergone tremendous transformations. This has led tenants and buyers to expect more from builders and agents. Also, we can’t overlook the fierce competition in the market where companies are putting their best foot forward to gain an edge over others. Thus, 3D architectural rendering has come to the rescue, helping businesses stand out from their peers and get the attention of their customers at once. 3D rendering has played a dominating rol

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Industrial Design Investor Technology 122

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

Eye on Housing

JULY 14, 2022

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2022 posted a reading of 77, declining 10 points from the second quarter of 2021. This is the largest year-over-year decrease since the survey was redesigned in Q1 2020. The RMI is based on a survey that asks remodelers to rate various aspects of the residential remodeling market.

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Marketing Residential 118

Housing Wire

JULY 15, 2022

This week’s HW+ member spotlight features Brian Gubernick, chief real estate officer at Homeward. He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive. Below, Gubernick answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why?

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Loan Officer Brokerage Investor Industrial 418

Sotheby's International Real Estate

JULY 9, 2022

During the long, sunny days of summer, few things are more enticing than a refreshing dip, swim, or float in a pool. In locales from California to Connecticut, these pools and spas allow for refreshing relaxation in sophisticated settings. Sonoma Stunner. Sonoma, California | Ginger Martin & Matthew Jospeh, Sotheby’s International Realty – St.

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Brokerage 114

App Folio

JULY 14, 2022

In a previous article, we pointed to data showing that despite leasing agents’ desire to grow their careers, many are.

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Agents 111

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