Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey. In a similar vein, “getting listings” was the third-largest hurdle cited by agents.

Agents 369

Agents MLS Sales Branding 369

Housing Wire

MAY 10, 2023

I believe the mega-bearish housing camp was counting on the 10-year yield getting toward 5.25%, and with bad spreads, that would get mortgage rates to 8%-10%. If we had regular spreads today, mortgage rates would be roughly around 5.25% Can you all imagine the housing market if mortgage rates were at 5.25% today?

Mortgages 533

Mortgages Banks As-is Marketing 533

Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. Borrowers have called me from seeing my advertising in the stores and a couple of Realtors, too.”. I have my own booth at the festival,” said Naumovych.

Marketing 384

Marketing Loan Officer Pre-approval Mortgages 384

Housing Wire

AUGUST 5, 2022

I have talked about how job openings would move toward 10 million and that we should get all the jobs we lost to COVID-19 back by September 2022. million , and the recent peak was near 11.9 Allow me to present my case. New home sales, housing starts, and permits fall into a recession. It recently went from 11.3

Staging 539

Staging Development Sales As-is 539

Housing Wire

APRIL 7, 2023

Since 2022 — as the labor market has been getting hotter with massive job gains and high job openings — the year-over-year wage growth data has been falling. For those who did not follow me during the COVID-19 recovery period, I had a few critical talking points about the labor market: The COVID-19 recovery model was written on April 7, 2020.

Mortgages 472

Mortgages Banks Marketing As-is 472

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. I’ve been building my social media presence consistently for about three years now and am finally at the point where people recognize me in my neighborhood, at open houses, and at Realtor® events.

Agents 368

Agents Land As-is Marketing 368

Housing Wire

JUNE 23, 2023

Nominations for HousingWire’s 2023 HW Insiders are open until the end of today, June 23, 2023. This new role has challenged me to learn another side of mortgage retail originations. The lifecycle of a mortgage process evolves very fast and you must continuously be open to learning and adapting to new methodologies and technologies.

Lending 310

Lending Technology Mortgages Industrial 310

Housing Wire

JUNE 5, 2023

N ominations for HousingWire’s Insiders award are open now through Friday, June 23, 2023. “There have been several moments that have shaped my personal and professional development and led to me being captivated by this industry.” And, what KPIs are you focused on in the near future?

Technology 256

Technology Title Industrial Closing 256

Housing Wire

JUNE 23, 2023

Nominations for HousingWire’s 2023 HW Insiders are open until the end of today, June 23, 2023. This new role has challenged me to learn another side of mortgage retail originations. The lifecycle of a mortgage process evolves very fast and you must continuously be open to learning and adapting to new methodologies and technologies.

Lending 299

Lending Technology Mortgages Industrial 299

Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. What a year 2021 has been.

Marketing 524

Marketing Equity Construction Bankruptcy 524

Housing Wire

DECEMBER 20, 2023

Last week’s DataDigest offered readers a host of housing forecasts from industry experts at banks, trade associations and more, the thrust of which was housing professionals should expect a modestly better year of sales thanks to retreating mortgage rates in the year to come. percentage points, implying three cuts of 0.25

Mortgages 395

Mortgages Banks Sales Land 395

Housing Wire

DECEMBER 6, 2022

So, about two weeks before the closing was scheduled to take place, the builder reaches out to me and was like, ‘The loan officer on your client’s file got laid off and we are assigning a new one to it.’ But some of those partnerships are getting turned on their head as the mortgage industry reckons with the housing market slowdown.

Loan Officer 353

Loan Officer Pre-approval Loans Agents 353

Housing Wire

MARCH 25, 2024

Using trending videos, educational content and humor to reveal all the secrets about buying a house, Betley, known as @thatmortgageguy , has reached 870,000 followers and garnered 15.5 “It does not cost me anything [to be on TikTok]. “I’ve million ‘likes’ on TikTok. TikTok is probably 40% to 45% of my business.”

Loan Officer 350

Loan Officer Loans Lending Mortgages 350

Housing Wire

OCTOBER 7, 2022

Since all six of my recession flags are up, the only two data lines that I am focused on now with the economic expansion going into recession are the job openings data and the jobless claims data. Job openings reached nearly 12 million in this recovery and have fallen to 10 million. Rates fall to get the housing sector back in line.

As-is 502

As-is Mortgages Marketing Closing 502

Maximum Exposure Real Estate

FEBRUARY 19, 2023

The Problems With Real Estate Open Houses Are you considering having an open house? Open houses are a common marketing activity for many real estate agents. Since so many agents do them, many sellers think they should too.

Agents 98

Agents Marketing 98

Housing Wire

FEBRUARY 1, 2024

Stifled The Fair Housing Center of Metropolitan Detroit shared that loan denial rates in Detroit, due to the appraised value of a home (a.k.a. That is anathema to the spirit of fair housing (and lending). I hope you will join me. But you go to the outskirts of the Detroit area and it looks like a damn desert town.”

Lending 370

Lending Equity Development Loans 370

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. The show-me part of the housing market starts with this bounce from an extreme bottom. Weekly inventory change (Jan.

Marketing 440

Marketing Mortgages Sales As-is 440

Housing Wire

DECEMBER 7, 2023

million house. The property owner shows up a year later and files a lawsuit, saying tear the house — I never sold this. And candidly, we as an industry don’t talk about the movement of money near enough. Let me tell you: they absolutely will. SW: How widespread is this? People think, that’s not my risk.

Title 418

Title Technology Industrial Banks 418

Housing Wire

DECEMBER 3, 2021

However, be mindful of positive revisions and remember that we have over 10 million job openings and jobless claims recently had a print that we haven’t seen since 1969. and near the levels we saw right before COVID-19 hit us. I had tweeted the phrase #JOLTS 10,000,000 well before the job openings data took off in that direction.

Marketing 430

Marketing Staging Construction As-is 430

Housing Wire

NOVEMBER 26, 2021

Those who follow me on social know of my take on the first Fed rate hike and what needs to happen for this conversation to really take place. For me personally, I wouldn’t put any weight on the first Fed rate hike until we can clearly get above 0.56% and stay above there with duration. With over 10 million ob openings!

Mortgages 529

Mortgages As-is Equity Sales 529

Housing Wire

AUGUST 31, 2020

Fortunately, in the midst of uncertainty, many in the housing industry are stepping up and continuing to push forward to help their communities despite the hurdles they may face at home and in the home office. Rogers quote circulating the internet, encouraging us to “Look for the helpers.”

Industrial 250

Industrial Mortgages As-is Development 250

Housing Wire

JUNE 25, 2023

Summer is here, and housing inventory is finally growing! The spring housing inventory was like a zombie rising from the grave, very slow, but the summer is showing some promise and let’s hope it continues. Mortgage rates were again in a small range, hanging near 7%. Purchase apps had a small week-to-week gain.

Marketing 406

Marketing Mortgages Days on market Sales 406

Housing Wire

SEPTEMBER 27, 2022

When Federal Reserve Chairman Jerome Powell talked about a housing reset in June , it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting , held last week, Powell finally clarified what he meant by that term and what a housing reset means to the Fed. What a housing reset means.

Banks 469

Banks Construction As-is Marketing 469

Housing Wire

JUNE 30, 2021

Referring to her go-to lender, Mindy said, “I could text him at 7:00 in the morning, and he’s texting me back before 7:30. While good communication might seem intuitive, there are a few specific actions lenders can take to differentiate themselves from their peers: Provide open lines of communication. That’s what, $20 a month?

Agents 407

Agents Lending Loans Closing 407

1000Watt

JANUARY 21, 2022

Now there is a button that makes a person open a door so you can walk around a home for sale. . And my many agent friends here are telling me that these stressed souls are increasingly using licensed but often inexperienced Redfin agents as nothing more than door openers. Let me be clear: Redfin is a company I admire.

Brokerage 94

Brokerage Agents As-is Mortgages 94

HomeLight

OCTOBER 31, 2023

A report from the Joint Center for Housing Studies of Harvard University predicted a nearly 14% decrease in home renovation spending from 2022 to 2023. You’re adding more heated square footage,” explains top Atlanta real estate agent Leighann Russell , bumping your house into another price bracket. by the end of 2023.

Renovation 113

Renovation Design Agents As-is 113

Real Trends

SEPTEMBER 25, 2023

Terrence Murphy From the end zone to luxury open houses, Terrence Murphy is proof that an entrepreneurial spirit is the key to success in nearly everything. It was really important to me, and my mom, to not just go to school to score touchdowns but to do really well in the classroom as well. 5000 several times.

Brokerage 85

Brokerage Investor As-is Agents 85

The Close

AUGUST 17, 2022

When it comes to writing great open house follow-up emails, most new agents don’t have a clue. The secret to writing open house follow-up emails that convert is to give leads something they want and make it easy for them to get it from you. Download All 9 Open House Follow-Up Emails. copy to clipboard.

Title 98

Title Marketing Agents As-is 98

Toronto Realty Blog

OCTOBER 2, 2023

It was a great year at the onset of an even greater decade, although the class ahead of me always felt that being born in 1979 was a whole lot better… My parents brought me home to a cute little 3-bedroom, detached house on Airdrie Road in South Leaside, where I lived until I was about two-years-old. What did I know?

Development 92

Development Land Residential As-is 92

Toronto Realty Blog

APRIL 1, 2022

Would you buy a house if somebody randomly scattered shopping bags from The Mink Mile in the walk-in closet? – First, tell me that condos are shrinking, and tell me what we’re making do with less space. 5) Soap scum near floor drain. – “Our house doesn’t require any staging!

MLS 94

MLS Branding Staging Agents 94

The Close

MARCH 4, 2022

To get you thinking outside the box about lead generation, we curated the best real estate open house ideas from 27 top-producing listing agents from brokerages that include Douglas Elliman, Compass, and more. When it comes to open houses, many agents have already given up. Run a Facebook Livestream at Your Open House.

Branding 105

Branding Agents Staging As-is 105

Toronto Realty Blog

APRIL 1, 2024

Repeated attempts to “fix” the housing market have either provided zero results, or worse – backfired. He opened by pandering to young people, which he needs to do, in order to keep the party alive. Ask your father what he paid for his first house in 1988. After all, these are our elected officials!

Banks 86

Banks As-is Mortgages Marketing 86

Toronto Realty Blog

SEPTEMBER 15, 2023

” There were lessons to learn here for sure, and when Bram and Mary told me that they wanted to make yet another conditional offer, I said, “Can we talk about this?” We sat in the living room of the house, discussing the terms of our offer. She was being sincere and thankful while already bargaining with me.

Inspection 85

Inspection Purchase and sale agreement Agents As-is 85

The Close

SEPTEMBER 27, 2022

One of the most common myths Realtors still cling to in 2022 is that open houses are a waste of time. While a poorly planned and run open house can indeed be a waste of time, a well-planned one that follows the steps in our open house checklist can help you double or even triple the number of leads you get.

Agents 96

Agents As-is Design Closing 96

Toronto Realty Blog

MAY 15, 2023

So in addition to having an “open door,” literally and figuratively, whereby some 23-year-old rookie who can’t make eye contact can come ask for help, I’m always doing panels and Q&A’s with the company when asked. I mean, I’m an open book and people know that. I met a buyer at an open house.

Brokerage 76

Brokerage Agents Development As-is 76

Easy Agent Pro

NOVEMBER 29, 2021

Work those open houses. It’s highly unlikely that no event in your career will expose you, at one time, to as many potential clients as the open house. Yet so many listing agents dread them, pawn them off on other agents or talk their clients out of wanting to hold their homes open. and “The Nosy Neighbor.”.

Branding 103

Branding Agents As-is Marketing 103

Fancy Pants Homes

APRIL 20, 2023

Photo credit: Daniel Dahler | Sotheby’s International Realty He described how ‘ every night, the owls sang me lullabies and every morning I sipped my cup of joe with the hawks and hummingbirds, under a giant grandfather pine.’ Jim Carrey first purchased the house on Tigertail Road in L.A.’s That’s nowhere near the $26.5

Land 98

Land As-is Sales Marketing 98