Sat.Mar 11, 2023 - Fri.Mar 17, 2023

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Latest housing starts data is good for mortgage rates

Housing Wire

How is today’s housing starts data , which beat expectations, good for mortgage rates ? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation. The answer is simple: The best way to fight inflation long-term is to add more supply. Destroying demand is a short-term fix, but longer-term supply is the natural economic way.

Mortgages 513
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What Buyer Activity Tells Us About the Housing Market

Keeping Current Matters

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home.

Marketing 224
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Summer Home-Selling Maintenance Checklist: 15 Expert Tips

HomeLight

Yikes… it was a rough winter, and maybe the spring-cleaning memo got lost in your inbox. Now it’s time to put your home on the market , but if you leave it unmaintained and unkempt, you’ll never impress potential buyers. You need a summer home-selling maintenance checklist. So, where should you start? We interviewed some of the top real estate agents about what buyers look for when they’re shopping for homes and found out everything we could about how to whip your home back into shape this summe

Staging 109
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Frenzy Monitor

BubbleInfo

The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Four areas have MORE pendings than active listings, which is a sign of a red-hot market, and all areas except Rancho Santa Fe are around the healthy 2:1 ratio.

Marketing 105
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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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There are now more households with pets than children

Real Trends

The U.S. now has more households with pets than with children, according to a recent analysis by the National Association with Realtors (NAR). According to the NAR, while the number of families with children in households declined in the last two decades, the number of pet owner households increased. The share of Americans with pets in their homes is up from 56% in 1988 to 70% in 2022, according to data analyzed by the NAR.

As-is 105
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Mansion vs Estate: Features of Luxury Properties

Windemere Buying

Mansion vs Estate If there’s one thing that’s clear about a mansion or an estate, it’s that they’re not your average houses. But what differentiates the two? Are the two terms interchangeable? Mansions and estates actually each have separate characteristics that give them their special classification. Understanding a bit more about what makes them special can help inform your discussions with your real estate agent when looking for a luxury property of this class.

Land 80

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Coldwell Banker Around the World: March 2023

Coldwell Banker

Grab a glass of carmenere and fire up the grill to make yourself “asado,” because this month we are visiting Coldwell Banker Nueva Las Condes, located in the bustling capital city of Santiago de Chile. The post Coldwell Banker Around the World: March 2023 appeared first on Coldwell Banker Blue Matter.

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Is Now a Good Time to Buy a Home?

Realty Biz

With changes in the housing market, you might question whether it is a good time to buy a house. But a better question to ask is whether now is the right time in your life to buy a house. What happens in the housing market is important, but your financial situation and whether you are ready to buy a home should be more influential in your decision. Understanding how to buy a house and the steps in the process is also essential before making such a significant commitment.

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Don’t Miss Out: 8 Must-Attend Real Estate Conferences in 2023!

Kyle Handy

Real estate conferences are a great way to learn more, network, and build your reputation. At a real estate conference, you get to interface one-on-one with experts in your field. You get to listen to the best of the best. From commercial real estate to real estate investing, you can find out what you need to know from other real estate professionals.

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Big banks to rescue First Republic with $30B in deposits 

Housing Wire

A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure. The rescue comes after Silvergate Bank , Silicon Valley Bank and Signature Bank collapsed amid a liquidity crisis caused by a deposit run. “Today, 11 banks announced $30 billion in deposits into First Republic Bank.

Banks 435
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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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Florida a rising MVP with the #2 most valuable housing market

Real Estate News

With the value of its residential real estate surpassing $3.6 trillion, Florida edged out New York but trails California among markets with the top home values.

Marketing 310
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Balancing Your Wants and Needs as a Homebuyer This Spring

Keeping Current Matters

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years.

Sales 226
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‘All strapped in’: Luxury clients face whiplash as banking fallout unfolds

Inman

The sudden change in the global banking landscape has left luxury real estate clients hanging out "in the parking lot," Kofi Nartey said, as they wait to see where the remaining chips will fall.

Banks 151
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FHFA delays implementation of LLPA DTI fees

Housing Wire

Following a chorus of complaints from the mortgage industry, the Federal Housing Finance Agency (FHFA) on Wednesday announced that it would delay the implementation of a new and controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income ratios. The upfront pricing fee on DTI ratios of 40% or more – part of a larger series of changes to the Enterprises’ pricing grids – was slated to go into effect on May 1, 2023. “FHFA has decided to delay the effecti

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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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Making sense of the Silicon Valley Bank collapse

Real Estate News

The government took over SVB on Friday, while proptech leaders offered their support for the bank and expressed concern about the impact of its failure.

Banks 278
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Leverage Your Equity When You Sell Your House

Keeping Current Matters

One of the benefits of being a homeowner is that you build equity over time.

Equity 224
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Beagel’s custom offer management is more than it promises: Tech Review

Inman

Beagel aims to be a deeply integrated software partner leading with an in-browser open offer solution that allows buyers to bid on homes and agents to manage the process

Agents 153
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Fannie Mae appoints Michael Seelig to its board of directors

Housing Wire

Fannie Mae announced on Wednesday that it has appointed Michael Seelig to its board of directors, where he will serve on the audit committee. Seelig’s mandate is to “help Fannie Mae fulfill its mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America,” according to a statement from the government-sponsored enterprise (GSE).

Title 394
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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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More Latinos are becoming homeowners

Real Estate News

A new report from NAHREP found that Latinos formed more new households than any other demographic group in 2022 while also increasing their homeownership rate.

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An Expert Gives You Clarity in Today’s Housing Market

Keeping Current Matters

The housing market has been going through shifts lately.

Marketing 208
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Keller Williams’ sales dip in US as agent count takes big leap overseas

Inman

Transaction sides fell 18.2 percent year over year for a total of $472.9 billion in sales in 2022, a 12.5 percent decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage.

Sales 152
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Average IMB lost $2,812 per origination in Q4 

Housing Wire

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks spilled red ink in the fourth quarter of 2022 amid a jump in mortgage rates. These companies reported a net loss of $2,812 on each loan originated from October to December, an increase of more than four times the average per-loan loss of $624 in the third quarter, according to the Mortgage Bankers Association (MBA). “For the third consecutive quarter, the average pre-tax net production income was in the red, rea

Loans 384
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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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Who’s No. 1? See which companies held on despite the downturn

Real Estate News

T3 Sixty’s ranking of the top brokerage companies includes Compass, Keller Williams, Anywhere and other repeat leaders — plus a few surprises.

Brokerage 278
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Concrete Products Lead Building Materials Prices Higher

Eye on Housing

After four consecutive declines, the producer price index (PPI) for inputs to residential construction less energy (i.e., building materials) rose 0.3% in February 2023 (not seasonally adjusted) follow a 1.1% increase in January (revised), according to the latest PPI report. Price growth of goods inputs to residential construction, including energy, gained 0.4% over the month.

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Coldwell Banker latest brokerage to settle in wake of ‘Newsday’ exposé

Inman

Coldwell Banker agents subjected prospective homebuyers of color to different requirements than white homebuyers, according to the Office of the New York State Attorney General.

Brokerage 146
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Mortgage rates declined amid banks failures. What’s next?

Housing Wire

After increasing steadily for over a month, mortgage rates fell last week following a deposit run that provoked a liquidity crisis in regional U.S. financial institutions — and resulted in the failures of Silicon Valley Bank and Signature Bank. But what is there to expect ahead for the housing market? Industry observers said that, at least in the short term, mortgage rate declines will support home prices but lead to a better outlook for the spring season.

Banks 384
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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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Brokerage Beat: Growth in Canada, Cyprus, Caymans, Caribbean and more

Real Estate News

The Agency adds third Toronto office, Realty ONE opens in Cyprus and Caymans, Christie's expands to St. Croix, Great Life joins Real, Mainframe RE touts tech.

Brokerage 261
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Green with Envy: 5 Homes with Gloriously Green Spaces

Sotheby's International Real Estate

Green is a soothing, refreshing hue that brings to mind lush meadows, leafy groves, and idyllic forests. It fills spaces with cheer, optimism, and a welcome reminder of the long, warmer days ahead. Handsome Houston Haven Michelle Carpenter | Martha Turner Sotheby’s International Realty This stylish townhome is located in a beautifully landscaped enclave of serene Southside Place, one of Houston’s most desirable neighborhoods.

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EXp Canada appoints veteran agent John Tsai as new president

Inman

EXp Canada has appointed veteran real estate agents John Tsai, Nadia Habib and Nathalie Goodyer to three C-suite positions, according to the company. Tsai joined the brokerage in 2017.

Agents 148
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The mortgage industry doesn’t want the DTI LLPA fee delayed. They want it killed

Housing Wire

The Federal Housing Finance Agency ’s (FHFA’s) decision to delay implementing the controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income (DTI) ratios gave mortgage lenders a breather. The agency postponed the implementation of the fee to August 1, and it also said lenders will not be subject to post-purchase price adjustments on any loans acquired Fannie Mae and Freddie Mac this year.

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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.