RIS Media
JULY 2, 2023
You might already have a good grip on the best or cheapest leads for your business. But very few agents (or likely, zero) would say, “I have plenty of good sources for leads, I don’t need anymore.” Even if you are happy paying Zillow, or get lots of leads through your sphere of influence or… The post Covering New Ground: 4 Outside-the-Box Places to Find Leads appeared first on RISMedia.
Housing Wire
JULY 6, 2023
The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales.
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Keeping Current Matters
JULY 6, 2023
One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.
Inman
JULY 5, 2023
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023.
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BubbleInfo
JULY 6, 2023
Mortgage rates will be surging after the jobs report today, and you might wonder about the impact. The Fed doesn’t meet again until the last week of July, and, by then, it will be certain that they will bump another quarter or half-percent.
Realty Biz
JULY 6, 2023
Google is an ever-present force in our modern, digitally connected world. Beyond being just a search engine, it has evolved into an essential suite of tools used across a multitude of industries. The real estate industry, reliant as it is on the constant exchange of information and the constant need for visibility, can particularly benefit from Google's varied offerings.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Bigger Pockets
JULY 2, 2023
Artificial intelligence (AI) like ChatGPT might not be great at writing podcast intros, but when it comes to building a rental property or real estate portfolio, these platforms produce far […]
Lighter Side of Real Estate
JULY 5, 2023
According to a recent survey done by Mphasis , 66% of people under the age of forty-six check out how much their friends’ houses are worth by looking on home valuation websites. Hey, it’s public record and readily available, so what’s the big deal, right? Well, the survey also revealed that 79% of those who do end up feeling stressed, concerned or upset.
Housing Wire
JULY 2, 2023
Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data.
Real Estate News
JULY 5, 2023
Younger generations are especially motivated by walkability, even if it means paying more, giving up yard space or living in a multifamily dwelling.
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Keeping Current Matters
JULY 5, 2023
If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.
Inman
JULY 6, 2023
Existing-home sales are expected to tumble to a 12-year low by the end of 2023, but they won't stay that way for long, Realtor.com Chief Economist Danielle Hale predicted on Wednesday.
Housing Wire
JULY 7, 2023
The 10-year yield and mortgage rates have been rising close to the 2023 high as some labor data shows that the honey badger labor market is still growing. To make things even more complicated, the spreads between the 30-year mortgage rate and the 10-year yield keep getting wider. The question is: will the labor data push mortgage rates to 8%? In my 2023 forecast , I wrote that if the economy stays firm, the 10-year yield range should be between 3.21% and 4.25% , equating to mortgage rates betwee
Real Estate News
JULY 6, 2023
The Baird & Warner CEO shares how his family business has thrived in a cyclical, sometimes “regressive” industry, and discusses the future of buyer agency.
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Keeping Current Matters
JULY 3, 2023
When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic.
Inman
JULY 6, 2023
Janelle Brevard initially sued the National Association of Realtors, claiming her firing was a form of harassment and retaliation. The case ended Thursday, though many questions still remain.
Housing Wire
JULY 5, 2023
There was a viral tweet going around from YouTube housing influencer Nick Gerli. You’ve probably seen it. Gerli cites data from a company called AllTheRooms to make the case that the Airbnb /short-term rental market is “crashing” and it will have a big impact on inventory. Indeed, the chart he shared is alarming. A nearly 50% drop in revenue in some markets!
Real Estate News
JULY 7, 2023
Yes, there's a new social media app in town. It might be a fad — or the next big thing — but getting on board now could reap dividends for your business.
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.
Keeping Current Matters
JULY 4, 2023
Everyone’s interpretation of the American Dream is unique and personal.
Inman
JULY 7, 2023
In the face of new harassment allegations at the highest levels of leadership, where is the outrage? asks speaker and writer Valerie Garcia. Is this who we are as Realtors?
Housing Wire
JULY 7, 2023
Consumer confidence in housing may have plateaued, according to the latest home purchase sentiment index (HPSI) by Fannie Mae. The HPSI — which tracks the housing market and consumer confidence to sell or buy a home — rose a mere 0.4 points to 66 as difficult supply and affordability conditions continue to weigh on the housing market, according to Fannie Mae.
Real Estate News
JULY 2, 2023
Facing a contraction of his brokerage business, J. Philip Faranda made a previously "unthinkable" decision. Now he wishes he had done it sooner.
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.
Sotheby's International Real Estate
JULY 7, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Sonoma, California | Sotheby’s International Realty – Sonoma Brokerage The renovated residence overlooks Mt. Diablo, the San Pablo Bay and the San Francisco skyline. Decorist Founder Selling California Wine Country Home for $12.5 Million – Mansion Global In Beverly Hills, Even the Cheapest Homes Cost Millions – The Wall Street Journal Asheville Was Already Cool—Now It’s Luxe – Barron’
Inman
JULY 7, 2023
Consumer confidence in the housing market "appears to have plateaued at a relatively low level," said Fannie Mae Chief Economist Doug Duncan in a new homeowner survey released on Friday.
Housing Wire
JULY 6, 2023
Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. The 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 6.81% as of July 6, up significantly from last week ’s 6.71%. By contrast, the 30-year was at 5.30% a year ago at this time.
Real Estate News
JULY 6, 2023
A former employee has withdrawn a lawsuit alleging she was unfairly fired after ending a relationship with the National Association of Realtors president.
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Eye on Housing
JULY 5, 2023
Consumer confidence in June rose to its highest level in 17 months as recession concerns eased. However, spending plans were mixed. Vacation intentions continued to improve, while the intention to buy homes and big-ticket appliances cooled further due to elevated mortgage rates. This shift in consumer preference from goods to services is likely to continue this year.
Inman
JULY 3, 2023
The North Carolina centenarian, who bought her first home in the 1940s, is settling in at the "lovely house" where she'll live with her son, news station WSOC-TV reported.
Housing Wire
JULY 7, 2023
Nationwide Property and Appraisal Services LLC (NPAS), led by Sri Velamati and one of the largest appraisal management companies in the U.S., announced that it has acquired Integrity Appraisal Management (Integrity), a regional AMC based in Houston, TX. The acquisition of Integrity will help NPAS strengthen its ability to expand market reach and enhance product and service offerings, the company said in a statement.
Real Estate News
JULY 1, 2023
J. Philip Faranda grew a thriving brokerage business over 18 years. He never considered selling — but then the market shifted. Here's his story.
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.
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