RIS Media

SEPTEMBER 21, 2023

The Leading Economic Index (LEI) fell 0.4% in August to 105.4, continuing the recent downward trend, according to the latest release from The Conference Board. August’s LEI is down 3.8% over the six-month period between February and August 2023—little changed from its 3.9% contraction over the previous six months (August 2022 to February 2023). “With… The post Leading Economic Indicators Continue to Trend Down appeared first on RISMedia.

Industrial 114

Industrial Marketing 114

Housing Wire

SEPTEMBER 21, 2023

Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible? NAR ‘s existing home sales report on Thursday gives us insight into the why factor. The median existing-home price for all housing types in August was $407,100, an increase of 3.9% from August 2022 ($391,700). All four U.S. regions posted price increases.

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Mortgages Sales Loans As-is 517

Real Estate News

SEPTEMBER 21, 2023

Sales dipped in August but have been relatively stable on average — though well below last year's levels, reflecting high prices and limited supply.

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Sales 249

Housing Wire

SEPTEMBER 21, 2023

The housing market continues to cool amid high mortgage rates , affordability challenges and still-low inventory. In August, existing-home sales fell 0.7% from July to a seasonally adjusted annual rate of 4.04 million, according to a new report from the National Association of Realtors (NAR). Existing-home sales were down 15.3% compared to a year ago.

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Sales Fixed-rate mortgage MLS Mortgages 432

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Agents

Real Estate News

SEPTEMBER 21, 2023

Rates inched up this week, and with Fed signals that interest rates will remain “higher for longer,” buyers may continue to face tough options.

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Mortgages 258

Housing Wire

SEPTEMBER 21, 2023

Mortgage rates remained well above 7% on Thursday as markets digested Wednesday’s Fed meeting. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.19% as of Sept. 21, up one basis point from last week ’s 7.18%. By contrast, the 30-year fixed-rate mortgage was at 6.29% a year ago at this time.

Mortgages 427

Mortgages Fixed-rate mortgage Loans Construction 427

Housing Wire

SEPTEMBER 21, 2023

Recruiting and keeping the best talent is critical in today’s real estate market. It’s also becoming more challenging as production takes a hit from lower home sales. On a national basis, year-over-year MLS production reports show the average real estate agent’s income is down 28%. Broker-owners’ operations teams are receiving more and more “non-payment” of MLS dues notices.

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Keeping Current Matters

SEPTEMBER 21, 2023

Buying and owning your own home can have a big impact on your life.

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Housing Wire

SEPTEMBER 21, 2023

Guaranteed Rate ’s PowerVP mobile app aims to enhance loan originators’ ability to keep in constant contact with customers anywhere, at any given time — 24/7. The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release.

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Pre-approval Loans Finance Mortgages 408

Inman

SEPTEMBER 21, 2023

Data from artificial intelligence-powered valuation company Plunk will be used to enrich the products of two real estate industry firms that specialize in marketing technology and services.

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Marketing Technology Industrial Renovation 175

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Housing Wire

SEPTEMBER 21, 2023

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Terms of the deal were not disclosed. In a statement on Thursday, QC Ally said the acquisition would allow the company to further its mission of helping financial services firms achieve “true enterprise quality” throughout the lifecycle of the loan, from origination to servicing and deeper into secondary markets.

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Due diligence Equity Loans Residential 377

Inman

SEPTEMBER 21, 2023

Drop in unemployment claims on the heels of hawkish Fed warnings sends 10-year Treasury yields soaring to a 15-year high, with mortgage rates likely to follow.

Mortgages 183

Mortgages Marketing 183

Housing Wire

SEPTEMBER 21, 2023

Intercontinental Exchange, Inc. (ICE) and investment research firm Delta Terra Capital announced a partnership to offer climate-adjusted credit risk analytics for residential and commercial mortgage-backed securities (MBS). The credit risk analytics will combine ICE’s physical climate risk data and DeltaTerra’s climate analytics, financial risk models, and market data to deliver risk impact estimates for investors in the residential and commercial mortgage-backed securities markets.

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Investor Commercial Residential Finance 234

Inman

SEPTEMBER 21, 2023

Knowing and acting on what you need to hear, Jimmy Burgess writes, instead of what you want to hear, is key to growing and optimizing your professional performance.

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Agents 180

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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

RIS Media

SEPTEMBER 21, 2023

Green home improvements have taken center stage in an era marked by growing environmental concerns and a desire to reduce carbon footprints. Homeowners increasingly recognize the importance of adopting Eco-friendly home improvement practices for the planet’s well-being and the long-term benefits they bring to their lives. From solar panels to energy-efficient appliances, an array of… The post Embracing Sustainability: The Top Eco-Friendly Home Improvements appeared first on RISMedia.

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Staging Industrial 139

Inman

SEPTEMBER 21, 2023

Sales of existing homes slid 0.7 percent between July and August to a seasonally adjusted annual rate of 4.04 million but held steady in the Northeast and rose in the Midwest.

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Sales Marketing 171

RIS Media

SEPTEMBER 21, 2023

The real estate industry is one of continuous evolution. From online listings to virtual tours, technological advancements have significantly impacted how homes are bought and sold. One innovation that’s been steadily gaining traction is virtual staging. Virtual staging is the art of digitally furnishing an empty home to give buyers a better sense of what… The post Why Virtual Staging AI is Transforming the Home-Staging Industry appeared first on RISMedia.

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Staging Industrial Technology 124

Inman

SEPTEMBER 21, 2023

Learn how a former pro golfer and a lifelong real estate developer joined forces to share their love of Park City's lifestyle and culture with clients.

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Development Brokerage 179

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

RIS Media

SEPTEMBER 21, 2023

A total of 33,952 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in August, up 7% from a month ago but down 2% from a year ago, according to a new report from ATTOM. ATTOM’s Foreclosure Market Report for August found that nationwide one in every 4,113 housing units had a foreclosure filing in… The post Foreclosure Activity Rises in August appeared first on RISMedia.

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Banks Marketing Industrial Mortgages 120

Inman

SEPTEMBER 21, 2023

In today’s economy, every dime matters. Here are a few budget-friendly expenditures that author and coach Darryl Davis recommends for your next client appreciation event.

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Branding Agents Marketing 163

RIS Media

SEPTEMBER 21, 2023

Since partnering with Real Estate Webmasters 12 years ago, Michael Perna—team leader of The Perna Team at eXp Realty—has greatly benefited from the website provider’s extensive SEO capabilities. Today, the recognition for his brand continues to grow exponentially. “When my agents meet somebody that comes through our site, the most common reaction is, ‘Oh my… The post The Power of a Strong Digital Presence appeared first on RISMedia.

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Branding Agents Development Industrial 117

Inman

SEPTEMBER 21, 2023

The National Flood Insurance Program is up against another deadline for renewal while a lawsuit from 10 states takes aim at its proposed pricing change.

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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

RIS Media

SEPTEMBER 21, 2023

Continuing in its downward trend, sales of existing homes moved lower last month, down 0.7% in August to a seasonally adjusted annual rate of 4.04 million, according to the latest existing-home sales report from the National Association of REALTORS®. Year-over-year, sales dropped 15.3%, according to the report. This follows July’s downturn of 2.2% and June’s… The post Existing-Home Sales Decreased 0.7% in August appeared first on RISMedia.

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Sales MLS Industrial Marketing 117

Tom Ferry

SEPTEMBER 21, 2023

You don’t need to be Hemingway to write the best listing descriptions. You just need better ChatGPT prompts. You’ve heard me preach over and over again that the mind is more powerful than matter, and believe it or not, this is even true when it comes to marketing your listings. The best listing descriptions are […] The post ChatGPT Prompts for Writing the Best Listing Descriptions appeared first on Tom Ferry.

Marketing 113

Marketing 113

RIS Media

SEPTEMBER 21, 2023

Leading Real Estate Companies of the World® welcomes LiveEasy to its Solutions Group program. LiveEasy’s diverse tools help simplify the moving and home ownership process. By introducing these services, LeadingRE’s network of 550 market-leading real estate firms can further support clients during the move process and stay connected afterward. LiveEasy is a consumer engagement platform… The post LeadingRE Welcomes New Business Solution appeared first on RISMedia.

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Marketing Technology Industrial 112

Realty Biz

SEPTEMBER 21, 2023

qbiq, a platform that utilizes generative AI and visualization for real estate space planning , has announced that it secured $10M in seed funding from various strategic investors, including JLL Spark Global Ventures, 10D, Ocean Azul, Randomforest, and M-FUND. This funding will support qbiq's growth and expand its presence in the US market. The real estate industry relies on space planning decisions based on fit, cost, and ROI optimization.

Technology 107

Technology Design Industrial Investor 107

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Agents

RIS Media

SEPTEMBER 21, 2023

Berkshire Hathaway HomeServices has announced its further expansion in Italy with the launch of Berkshire Hathaway HomeServices Como Lake Palazzo Estate, Berkshire Hathaway HomeServices Tuscany Coast, and Berkshire Hathaway HomeServices Milano. All three offices will be led by industry leader, Marina Rizzotto Yakovleva. “We are thrilled Marina Rizzotto Yakovleva and her team are now part… The post Berkshire Hathaway HomeServices Expands in Italy appeared first on RISMedia.

Industrial 113

Industrial 113

HomeLight

SEPTEMBER 21, 2023

So, you’ve accepted an offer on your home sale. Maybe you’ve made it through the settlement and you’re still awaiting closing day , or perhaps you’re still negotiating with your buyer. Either way, you probably have one very important question on your mind: when does a seller get paid after closing on a home sale? Ultimately, the time it takes to get those funds into your account will depend on a few different factors.

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RIS Media

SEPTEMBER 21, 2023

The 30-year fixed-rate mortgage (FRM) remained relatively flat, increasing minorly from last week’s average of 7.18% to an average of 7.19% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 7.19% as of September 21, 2023, up from last week when… The post Mortgage Rates Remain Relatively Flat This Week appeared first on RISMedia.

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Fixed-rate mortgage Mortgages Marketing Industrial 111

Realty Biz

SEPTEMBER 21, 2023

Integration of Devices : With IoT , different home devices and systems can communicate and work together. This means that your air conditioner can work in tandem with your blinds and lights to maintain an optimal temperature and lighting condition in your home. Remote Control and Monitoring : Homeowners can control and monitor their home appliances, lighting, and even security systems remotely using smartphones or computers.

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Technology As-is Development Marketing 105

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales