Housing Wire
APRIL 16, 2023
The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Purchase application data rose again, with more positive than negative data in 2023. Mortgage rates didn’t move much last week, but the 10-year yield rose even though inflation data was tamer than expected, and we had a weaker retail sales report number.
Keeping Current Matters
APRIL 17, 2023
As the housing market continues to change, you may be wondering where it’ll go from here.
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Inman
APRIL 18, 2023
In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles.
Windemere Selling
APRIL 19, 2023
When it comes time to sell your home, first impressions are crucial. Improving your curb appeal helps to make the most of a buyer’s first glance and sets the stage for their interest in purchasing your home. Working with your agent to identify projects that boost your curb appeal will go a long way towards selling your home quickly and for the best price.
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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.
RIS Media
APRIL 18, 2023
A condo or townhouse might be better if a single-family home isn’t right for you. But it can be difficult to decide if you are weighing up the choice of condo vs. townhouse. We will examine the differences between condos and townhouses to make your choice easier. You may find that either housing choice works.… The post Comparing a Condo to a Townhouse: What You Need to Know appeared first on RISMedia.
Realty Biz
APRIL 19, 2023
Port St. Lucie, Florida, is the most unusual real estate market we’ve looked at concerning how the top agents convert sales. From a marketing expert’s perspective, the lack of marketing spend by professionals in this region is astonishing. Over the past year or more, I’ve developed a method for finding the best marketing experts in real estate by narrowing and comparing variables across the web spectrum.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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BubbleInfo
APRIL 18, 2023
The main cause of the ultra-low inventory is from homebuyers purchasing their forever home – whether they knew it at the time, or not. Between today’s higher rates and the difficulty of buying a better home, just about everybody is stuck in their current house. How can today’s buyers get a leg up?
Real Estate News
APRIL 18, 2023
The industry’s leading iBuyer continues its struggle against housing industry headwinds, cutting about 560 employees, mostly in operations.
Easy Agent Pro
APRIL 18, 2023
Geo Farming is a fantastic and effective strategy used by many real estate agents to establish a niche and generate high-quality leads for their businesses. By designating a region, area, or neighborhood as your focus, you can improve brand recognition and lead generation as well as earn referrals and gain listings. Ready to start applying this effective marketing strategy to your real estate business?
Housing Wire
APRIL 20, 2023
We only have 2.6 months’ worth of housing inventory in the U.S. after coming off the single biggest home-sales crash year in history. That is where we are today in America. As expected, existing home sales fell from February to March since the previous month’s report was intense. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 million.
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.
Keeping Current Matters
APRIL 20, 2023
If you're planning to buy a home, an inspection is an important step in the process.
Real Estate News
APRIL 20, 2023
DR Horton, seen as a “heat check” for the housing industry, blew past analyst expectations with its Q2 profits and offered an encouraging take on spring.
Inman
APRIL 21, 2023
Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.
Housing Wire
APRIL 18, 2023
What is the best news for mortgage rates long-term? It’s getting more supply of apartments! The best way to fight inflation is always by adding more supply; if your goal is to destroy inflation by killing demand, that is only a temporary fix. Housing inflation post-2020 was one for the record books, not only because home prices accelerated in such a short time, but more importantly for the inflation data, rents took off, something that didn’t happen during the housing bubble years.
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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.
Keeping Current Matters
APRIL 18, 2023
In the United States, there are over 72 million millennials.
Real Estate News
APRIL 19, 2023
Millennials hit a major homeownership milestone in 2022, but they’re more likely to own a home in the Midwest versus pricey cities on the coasts.
Inman
APRIL 21, 2023
There are only a few generational technologies that come along with the potential to revolutionize the efficiencies in our businesses. ChatGPT is one of these.
Housing Wire
APRIL 19, 2023
The National Association of Mortgage Brokers (NAMB), an association representing the interests of individual mortgage loan originators and small to midsize mortgage businesses, is welcoming the introduction of a bill that would end the sale of trigger leads. The bill, H.R. 2656, was introduced by Representative Richie Torres of New York on April 17, and would amend the Fair Credit Reporting Act to prohibit the creation and sale of trigger leads — which the association has been urging Congress to
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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.
Keeping Current Matters
APRIL 19, 2023
Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need.
Real Estate News
APRIL 15, 2023
High prices are nothing new in the Golden State, but an increasingly small fraction of residents can afford a home. Is a turnaround in sight?
Inman
APRIL 21, 2023
Millennials passed a significant milestone in 2022, with census data showing that 51.5 percent of millennials now own homes.
Housing Wire
APRIL 21, 2023
It’s been delayed, but that’s not enough for the mortgage industry. In a blog post published Thursday, Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit made the case that the Federal Housing Finance Agency ‘s (FHFA) loan level price adjustments (LLPA) related to a mortgage borrower’s debt-to-income (DTI) ratio is unworkable and should be scrapped entirely.
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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.
Keeping Current Matters
APRIL 21, 2023
Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home. Energy prices have increased over the last year, so look for energy-efficient features in your home search.
Real Estate News
APRIL 18, 2023
A recent NAR report found that while homeowners have generated significant wealth via appreciation, gains were uneven across income levels and ethnic groups.
Inman
APRIL 21, 2023
Stewart Valuation Intelligence (SVI) is the latest technology vendor to be approved by Fannie Mae to support the new value acceptance + property data valuation process.
Housing Wire
APRIL 17, 2023
Think an old dog can’t learn new tricks? Some say that the nearly 150-year-old title industry has a difficult time adapting and evolving. However, the title industry has proven these critics wrong over the past decade, and importantly, it has done so without leaving homeowners vulnerable to unnecessary risks. Title companies have embraced digitization, automation and artificial intelligence to better meet their customers’ needs, reduce costs and increase efficiency.
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.
Sotheby's International Real Estate
APRIL 15, 2023
Whether dramatic or demure, a water feature brings calming sounds and natural visual appeal to any home. Each of these four properties—from East Coast to West—uses water to turn an outdoor area into an oasis that can be both striking and serene. Lush Brentwood Beauty Janelle Friedman | Sotheby’s International Realty – Santa Monica – Venice Brokerage This serene sanctuary occupies two lush acres in the heart of Brentwood.
Real Estate News
APRIL 20, 2023
Home sales fell only slightly between February and March, but the year-over-year picture illustrates a more significant drop.
Inman
APRIL 21, 2023
Showami is software that facilitates the broadcast, acceptance and payment of showing needs between licensed agents, offering teams and brokerages a quick way to create a showing delegation system.
Housing Wire
APRIL 17, 2023
As the COVID-19 national emergency draws to a close, the forbearance rate has decreased month over month, according to a report from the Mortgage Bankers Association (MBA) on Monday. While the MBA still expects a recession this year, credit quality is generally good, and borrowers facing financial hardship can access enhanced loss mitigation options, the trade group noted.
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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