Sat.May 13, 2023 - Fri.May 19, 2023

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These Are The Top 20 Up-And-Coming Real Estate Markets This Spring

Bigger Pockets

The latest data from the Emerging Housing Markets Index is out. Here are the markets that made the top 20 list.

Marketing 132
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Real estate content marketing trends for 2023

Inman

Implementing robust content marketing solutions will allow agents to prove the value of their efforts, writes content marketing expert Joe Hyrkin, while also enabling them to evaluate and plan new outreach strategies guaranteed to drive engagement and conversions.

Marketing 147
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When Is Someone Able to Terminate a Real Estate Contract?

RIS Media

When you sign the purchase agreement for your dream home, you are locked into a legal contract with the seller. But what happens if you need to back out? Many ask if a seller can back out of a real estate contract but what about home buyers? Perhaps something about the home isn’t as expected,… The post When Is Someone Able to Terminate a Real Estate Contract?

As-is 139
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Homebuilders are feeling pretty good right now

Housing Wire

Homebuilder confidence is continuing to trend upward this spring, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. In May, home builder confidence in the market for newly built single-family homes rose to an index value of 50, an increase of five points from the April reading.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Homeowners Have Incredible Equity To Leverage Right Now

Keeping Current Matters

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity.

Equity 230
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How to Use ChatGPT to Build Your Real Estate Brand

Broke Agent Media

Stuck in the weeds of creating your own real estate brand? I’ve got a fix for that. If you haven’t yet explored ChatGPT ’s potential for saving you hours and hours of time on creating brand messaging, you need this right now. Plenty of agents struggle with this. And the good news is that even if you outgrow the branding you start with, you can always rebrand down the line when you get more clarity on your core values and brand messaging.

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The particular (and sometimes peculiar) needs of pet-owning buyers

Real Estate News

For some homebuyers, their "fur babies" come first. Agents who know how to best serve clients with pets can land more business, and maybe a few nose nuzzles.

Land 276
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How To Unlock the Power of Digital Marketing for Real Estate Agents: Strategies, Platforms, and Metrics to Boost Your Online Presence

Realty Biz

In today's digital age, effective marketing is crucial for real estate agents looking to reach a wider audience and generate more leads. Digital marketing offers a range of powerful tools and strategies to help real estate professionals enhance their online presence, engage with potential buyers and sellers, and drive business growth. In this article, we will delve into the world of digital marketing for real estate agents , exploring key strategies, tactics, and platforms that can elevate your

Agents 97
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Is the savagely unhealthy housing market back?

Housing Wire

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. Why is this so important to me? If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. I would say it’s savagely unhealthy to have that level and even though we’re not there yet, we are dangerously close.

Marketing 539
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Sisu claims transaction revolution is underway with portal 2.0 update

Inman

Sisu, a proptech that combines sales cycle and workflow automation with performance tracking technology, said Client Portal 2.0 aims to refine how agent teams interact with critical vendors.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Homes.com could become No. 2 search portal in 12 months, says CEO

Real Estate News

In an exclusive interview, CoStar CEO Andy Florance shared his ambitious road map for Homes.com’s growth and a critique of the site's competitors.

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NAHB Index Shows Builder Confidence Increase in May

RIS Media

Builder confidence rose in May due to limited inventory creating a stronger need for new construction, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the fifth straight month of increases. “New home construction is taking on an increased role in the marketplace because many homeowners with… The post NAHB Index Shows Builder Confidence Increase in May appeared first on RISMedia.

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Existing home sales fell 23% in April

Housing Wire

Existing home sales declined yet again in April, according to a report from the National Association of Realtors (NAR), released Thursday. After posting a surprise 14.5% monthly increase in February , existing home sales were back down again in March , a trend that continued into April, with existing home sales posting a 3.4% monthly decline to a seasonally adjusted annual rate of 4.28 million.

Sales 396
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Offices are in trouble. Can turning them into housing save downtown?

Inman

Office-to-residential conversions are on the upswing as remote work destabilizes commercial real estate nationwide. "Everything is on the table," affordable housing advocate Janan New told Inman.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Butterflies, the “Easy Bus” and a plan for tough times

Real Estate News

HomeServices of America CEO Gino Blefari knows what agents are facing — and what they’re capable of. His advice? Keep going. Winning is possible.

Agents 276
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A U.S. Default Could Be Catastrophic For Real Estate Investors—Here’s What You Need To Know

Bigger Pockets

The looming debt ceiling is worrisome, as the economic implications that follow a possible default are unprecedented and could be catastrophic for all sectors, including real estate. Here's what you need to know.

Investor 125
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The average IMB lost $1,972 per loan in Q1 

Housing Wire

Despite a marked improvement from the fourth quarter of 2022, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks still lost a mountain of money in the first quarter. On average, IMBs reported a net loss of $1,972 on each loan originated from January to March, a 35% improvement from the reported loss of $2,812 per loan in the fourth quarter of 2022, according to the Mortgage Bankers Association (MBA).

Loans 395
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San Diego Homes & Estates pivots into 200-agent mega-team at eXp

Inman

Founded in 2004 and averaging $1.5 billion in sales, the former Windermere Homes & Estates franchisee is hanging a shingle with eXp Realty, broker-owner Rich Johnson announced on Monday.

Agents 164
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Why slowing rent growth is a good sign for the economy, future buyers

Real Estate News

Rent growth was up just 0.3% YoY in April and is falling below inflation and wage growth, which "suggests better times ahead for the U.S. economy.

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4 Luxury Home-Staging Trends for 2023

RIS Media

Anyone associated with the real estate market knows well that trends ebb and flow based on a variety of outside factors, from the seasons to the state of the economy. Design preferences tend to fluctuate rapidly and luxury real estate professionals must stay attuned to emerging styles. Individuality is key—long gone are the days of… The post 4 Luxury Home-Staging Trends for 2023 appeared first on RISMedia.

Staging 122
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The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust 

Housing Wire

Ann Arbor, Michigan-based Home Point Capital did not experience the traditional ceremony to ring the Nasdaq Stock Market bell when the company went public in early 2021. Open and closed ceremonies usually occur at the Nasdaq MarketSite Studio in Times Square, but that changed in the wake of the COVID-19 pandemic. Instead, Home Point had a virtual ceremony, with pictures of smiling employees and a message from CEO and founder Willie Newman transmitted onto an enormous screen in Times Square. 

Mortgages 392
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Movin’ out to the country: Billy Joel lists $49M Long Island mansion

Inman

The Piano Man has decided to trade out his 26-acre Oyster Bay estate, complete with two outdoor pools and a helipad, in favor of spending more time in Florida with his family.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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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Builders growing more confident heading into the summer months

Real Estate News

After a year of declining confidence in 2022, homebuilder optimism is on the rise, driven by buyer demand that is outpacing the supply of existing homes.

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Cooling for Single-Family Built-for-Rent Construction

Eye on Housing

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 14,000 single-family built-for-rent (SFBFR) starts during the first quarter of 2023. This is almost 7% lower than the first quarter of 2022.

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Guaranteed Rate deploys Gateless’ Smart Underwrite solution

Housing Wire

Chicago-based technology company Gateless announced this week that Guaranteed Rate , a Chicago-based leading mortgage lender, has implemented its Smart Underwrite solution, a groundbreaking technology that aims to transform the borrower experience. In a fast-paced real estate market, many potential homebuyers miss out on their dream homes due to the lengthy mortgage approval process.

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Florida bans Chinese citizens from buying real estate over 2 acres

Inman

On May 8, Gov. Ron DeSantis signed Senate Bill 264. The new law restricts real estate purchases in the state by citizens of China, Russia, Iran, North Korea, Cuba, Venezuela and Syria.

Brokerage 159
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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

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Agents Decoded: How to avoid falling victim to scams

Real Estate News

Shady lenders and vendors make big promises that are often too good to be true. Learn how to vet them, and how to spot red flags.

Agents 277
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REITs vs. Stocks: Is There Any Diversification Benefit At All?

Bigger Pockets

If you're exploring diversification options, it's crucial to note that this investment might not be as sensible as initially thought. Here's the truth about this trendy investment.

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Opinion: A 21st-century response to affordable housing challenges

Housing Wire

America is strongest when her people are strong. Therefore, when considering policy to improve our nation, we should always incentivize striving with an emphasis on equality of opportunity, understanding that a rising tide lifts all boats. In my role as president of the Jack Kemp Foundation , I moderated an “Innovations in Affordable Housing” webinar.

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9 ways to get new clients without having to door-knock

Inman

Door-knocking can feel invasive, and some agents might even find it a little intimidating. Coach and trainer Darryl Davis offers a variety of great alternatives with solid ROI.

Agents 156
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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.