Housing Wire

JANUARY 12, 2023

Today’s inflation data has shown that the peak growth rate of inflation is behind us. This should also mean mortgage rates hit their highs. The key phrase I have stressed since I wrote about the case for mortgage rates to go lower on Oct. 27 is thinking 12 months out. The trend is your friend, and the month-to-month data has cooled off noticeably. That cooling happened even with the biggest inflation component — shelter inflation — still rising in the lagged modeled CPI data.

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Mortgages Staging As-is Land 533

Inman

JANUARY 9, 2023

The metaverse is quickly becoming a platform, or a collection of several platforms, where you can advertise, socialize, build, and explore. It’s no wonder we’ve started to imagine how to bring real estate to this realm.

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Development Agents 193

Realtors Property Resource

JANUARY 11, 2023

Start the New Year in high gear! These five tips from RPR will get agents on track and off to a great fresh start for 2023. The post 5 Ways to Start 2023 Strong appeared first on Realtors Property Resource (RPR).

Agents 98

Agents Marketing 98

The Close

JANUARY 9, 2023

When I started The Broke Agent in 2015, real estate Instagram was an unbearable place to scroll. The #realtor hashtag was flooded with carbon copies of suited-and-booted “top producers” who were all magically in the top 1% (or so they claimed). I remember thinking, “ Is everyone in real estate killing it besides me? ” So I started to call out these fake “sales gurus” on @thebrokeagent and quickly realized I was not alone.

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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

Keeping Current Matters

JANUARY 10, 2023

Home equity has been a hot topic in real estate news lately.

Equity 246

Equity Marketing 246

Eye on Housing

JANUARY 9, 2023

Average hourly earnings for residential building workers* rose at a slower pace in November. After reaching the highest rate (8%) of 2021 in October, the pace of wage growth has retreated and remained below 4% for the past five consecutive months. The recent slowdown in wage growth will ease inflation pressures.

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Residential Construction Marketing 107

Broke Agent Media

JANUARY 12, 2023

BAM Key Details: . New Western released their latest report, showing investors remain confident in residential real estate investment for 2023. The report also revealed an increase in younger investors as Gen Z is expected to represent 30% of the U.S. labor market in 2023. New Western, the largest private marketplace in the U.S. for fix-and-flip residential investment properties, released their latest report: “ The Flip Side: An Outlook for Residential Real Estate Investing in 2023.”

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Residential Investor Renovation Mortgages 98

BubbleInfo

JANUARY 9, 2023

There are only 88 pending listings today, which means we are unlikely to get up to 100 sales between La Jolla and Carlsbad this month. How radically different is that? Here’s how this month will compare to the previous Januarys of interest: NSDCC Detached-Home January Sales & Listings January Year Number of Sales Number of […].

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Sales 86

Realty Biz

JANUARY 10, 2023

Selling a house as-is means selling the property without making any repairs or improvements. With all its flaws, the buyer takes the property and is responsible for any repairs or upgrades needed. The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. You can sell a house as-is to an individual buyer or companies like Vancouver Redevelopment , which specializes in buying houses as-is.

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As-is Purchase and sale agreement Renovation Sales 93

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers.

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Marketing Construction Development Investor 545

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

JANUARY 11, 2023

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years.

Marketing 305

Marketing 305

Inman

JANUARY 13, 2023

If you’re looking for a way to keep your upfront costs down but still have a steady flow of leads coming into your business, Jimmy Burgess recommends these companies.

Agents 173

Agents 173

Sotheby's International Real Estate

JANUARY 9, 2023

From a mountaintop home in Bachelor Gulch, Colorado, to an elegant apartment in Dubai, United Arab Emirates, these are this month’s four featured notable properties for sale over $10 million. Dubai, United Arab Emirates. Honey Deylami | LUXHABITAT Sotheby’s International Realty. The home is expertly designed and is positioned in one of the city’s most revered mixed-use developments with five-star hospitality, cutting-edge commercial, retail and leisure venues. and world-class ameniti

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Sales Commercial Development Design 135

Housing Wire

JANUARY 12, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Investor Construction Loans Commercial 541

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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

JANUARY 13, 2023

Some Highlights. Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process. Work with a trusted real estate professional who can answer any questions as they come up.

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As-is Marketing 303

Inman

JANUARY 11, 2023

From the ability to control their own income and flexibility of work hours to making a positive impact in the lives of others — there are many reasons why real estate professionals do what they do.

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Agents 169

NAR: Economic Outlook

JANUARY 12, 2023

Instant Reaction: Mortgage Rates, January 12, 2023. The average rate on a 30-year fixed mortgage fell to 6.33% from 6.48% the previous week. By: . Nadia Evangelou. Mortgage Financing.

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Mortgages Finance 131

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. That’s a big one-week change. Does that mean we are heading back to all-time lows in inventory again for 2023? Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer.

Marketing 542

Marketing Mortgages As-is Sales 542

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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

JANUARY 9, 2023

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year.

Marketing 269

Marketing 269

Inman

JANUARY 13, 2023

As part of the deal, the real estate franchisor also agreed to create a task force to 'enhance compliance' with the Telephone Consumer Protection Act.

Brokerage 167

Brokerage Agents 167

Coldwell Banker

JANUARY 10, 2023

With so much at stake in the selling of a home, here's our case for why you should work with a professional agent to stage, list and sell your home. The post Why You Should Use a Real Estate Agent to Sell Your Home appeared first on Coldwell Banker Blue Matter.

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Agents Staging 131

Housing Wire

JANUARY 12, 2023

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% compared to the year prior, according to Realtor.com’s December Housing Report. Despite this sizable yearly increase, active housing inventory was down 33.4% compared to December 2019 and 38.2% compared to the December 2017-2019 average.

Mortgages 534

Mortgages Marketing Days on market Closing 534

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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

JANUARY 12, 2023

During the pandemic, second homes became popular because of the rise in work-from-home flexibility.

Marketing 226

Marketing 226

Inman

JANUARY 13, 2023

National Association of Realtors' membership edged ever closer to 1.6 million in 2022, but the real estate trade group expects a drop this year, according to data provided to Inman.

MLS 167

MLS 167

NAR: Economic Outlook

JANUARY 12, 2023

Instant Reaction: Inflation, January 12, 2023. The latest consumer price inflation of 6.45% in December is in the sixth consecutive month of deceleration after peak inflation of 9.1% in June 2022. By: . Lawrence Yun.

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Housing Wire

JANUARY 11, 2023

Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. . “I’ve had five people contact me in the last week or so to talk about buying a new home, which is much better than a month or two ago,” Rochelle Gano , a Vancouver, Washington-based loan officer at Movement Mortgage , told HousingWire. “It seems like, with every

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Seller concession Mortgages Loan Officer Loans 529

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

JANUARY 13, 2023

In May of last year, Eye on Housing reported on historically widespread shortages of building materials. Since then, most of the shortages have eased; the major exceptions being shortages of HVAC equipment and certain categories of ceramic materials (ceramic tiles, clay bricks and cement-based building materials), which have gotten slightly worse. NAHB has been tracking shortages of building materials and.

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Inman

JANUARY 9, 2023

The game-changing new offering launches today with hundreds of hours of original video content as well as content from Inman's vast video library. Subscribers get it all — anytime, anywhere.

Brokerage 167

Brokerage Agents 167

Coldwell Banker

JANUARY 10, 2023

Before listing your property, consider that proper staging is one of the most important factors in enhancing your home’s appeal and most flattering features. The post Staging Tips to Sell Your Home This Spring appeared first on Coldwell Banker Blue Matter.

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Staging 130

Housing Wire

JANUARY 8, 2023

The Federal Reserve ‘s signals indicating further rate hikes for 2023 appear to have scared buyers away from the market in December. Last month tallied the fewest purchase lock counts in a single month since early 2014 as interest rates and affordability pressures challenged the market. . Mortgage origination activity dropped 19.4% from November to December, marking nine consecutive months of declines.

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Fixed-rate mortgage Mortgages Banks Marketing 516

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