Mon.Jan 09, 2023

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What Experts Are Saying About the 2023 Housing Market

Keeping Current Matters

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year.

Marketing 273
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Build-for-rent is a bet on the ‘new normal’ housing market

Housing Wire

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers.

Marketing 545
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How luxury real estate is developing in the metaverse

Inman

The metaverse is quickly becoming a platform, or a collection of several platforms, where you can advertise, socialize, build, and explore. It’s no wonder we’ve started to imagine how to bring real estate to this realm.

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Housing Market Tracker: A notable drop in inventory

Housing Wire

The housing market saw inventory fall 4% last week from the week before. That’s a big one-week change. Does that mean we are heading back to all-time lows in inventory again for 2023? Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer.

Marketing 542
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Inman launches immersive new video platform, Inman Access, for real estate professionals

Inman

The game-changing new offering launches today with hundreds of hours of original video content as well as content from Inman's vast video library. Subscribers get it all — anytime, anywhere.

Brokerage 167
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Daren Blomquist’s 2023 housing outlook

Housing Wire

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

More Trending

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Rocket Mortgage affiliate restructures marketing team, imposes layoffs 

Housing Wire

With a challenging year ahead, the professional services company affiliated with Rocket Mortgage has decided to restructure the marketing team in the first week of 2023, resulting in about 20 jobs cut, according to former employees. . “After nearly 13 years with Rocket Mortgage, I was relieved of my duties on Friday as part of restructuring during these tough market conditions,” Tony Saia, former director of marketing channel strategy, wrote on social media on Monday morning.

Mortgages 497
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Homebuyer sentiment ticks up again on signs of market top

Inman

More consumers are coming around to economists' views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae.

Marketing 148
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Rocket rolls out new initiative with $0 credit report fees for brokers

Housing Wire

Rocket Pro TPO , a wholesale arm of Rocket Mortgage , will be providing credit reports at no cost for brokers when closing loans through the Detroit lender. The strategy is expected to court more brokers in an industry facing higher credit report fees. Rocket Pro TPO’s executive vice president Mike Fawaz said in an interview with HousingWire that the Fee Freedom initiative rolled out on Monday morning and aims to give the broker community “tools” to drum up business. “The marke

Loans 468
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Year of the off-market deal? DropOffer sees potential in 2023

Inman

Proptech DropOffer, a company that developed an app to help agents assist buyers in off-market transactions, predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023.

Marketing 148
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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New and Notable Luxury Homes for Sale Over $10 Million | January 2023

Sotheby's International Real Estate

From a mountaintop home in Bachelor Gulch, Colorado, to an elegant apartment in Dubai, United Arab Emirates, these are this month’s four featured notable properties for sale over $10 million. Dubai, United Arab Emirates. Honey Deylami | LUXHABITAT Sotheby’s International Realty. The home is expertly designed and is positioned in one of the city’s most revered mixed-use developments with five-star hospitality, cutting-edge commercial, retail and leisure venues. and world-class ameniti

Sales 135
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EXp founder Glenn Sanford speaks out on ‘lull’ in agent count growth

Inman

EXp World Holdings founder Glenn Sanford said the tumultuous housing market was a factor in him stepping back into the role of CEO at eXp Realty, and the firm's sluggish agent count growth.

Agents 148
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11 Must-follow Real Estate Instagram Accounts for 2023 (+ 5 Growth Hacks)

The Close

When I started The Broke Agent in 2015, real estate Instagram was an unbearable place to scroll. The #realtor hashtag was flooded with carbon copies of suited-and-booted “top producers” who were all magically in the top 1% (or so they claimed). I remember thinking, “ Is everyone in real estate killing it besides me? ” So I started to call out these fake “sales gurus” on @thebrokeagent and quickly realized I was not alone.

Agents 128
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7 must-do tasks to prep your listing for the market  

Inman

Luxury marketing expert Laura Stace shares her best practices to get listings buyer-ready. These seven "must-do" tasks are her essentials to make sure every property is ready for a timely sale process.

Marketing 148
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Residential Building Worker Wage Growth Slowed

Eye on Housing

Average hourly earnings for residential building workers* rose at a slower pace in November. After reaching the highest rate (8%) of 2021 in October, the pace of wage growth has retreated and remained below 4% for the past five consecutive months. The recent slowdown in wage growth will ease inflation pressures.

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5 myths (you may believe) about affordable housing

Inman

Think you know the facts about affordable housing? Think again. Missy Yost debunks five common misconceptions around affordable housing and shares ideas to help you get involved in your local community.

Sales 147
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Rents Have Finally Begun To Fall—So Where Are They Dropping the Most?

Realtor.com

Realtor.com / Getty Images The rental market appears to have hit an inflection point—and not a moment too soon for many Americans who have been squeezed tight by record-setting price increases over the past few years. Finally, the steady drumbeat of steep and often untenable increases in leases across the U.S. is slowing, and rents have even begun falling in many of the nation’s hottest real estate markets.

Investor 120
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Doorstead raises $21M Series B round, acquires Knox Financial

Inman

The Series B round, which brings Doorstead to $37 million in total funding since its 2019 seed round, includes investments from Avanta Ventures and MetaProp, according to an announcement.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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#Airbnbust: Why It May Be Time to Rethink Short-Term Rentals

Bigger Pockets

It’s a story that’s echoed across social media platforms from rental property owners across the nation: Vacation rentals are no longer generating the steady revenue investors grew to expect during […].

Investor 111
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What happens when it’s time to sell a smart home?

Inman

Smart home products are great, but how do you decide what stays and what goes when you're selling a home with these upgrades?

Design 113
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How to Avoid (Or Reduce) Your Taxes When Selling a House

HomeLight

DISCLAIMER: Information in this blog post is meant to be used for educational purposes only, not legal or tax advice. If you need help determining the taxes on your home sale, please consult a skilled tax professional. Working. Shopping. Eating out. Getting gas. You pay taxes on so many things, it makes sense to want a break on paying taxes when selling your biggest asset: your home.

Investor 105
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How climate change could impact home buying plans in 2023

The Mortgage Report

With the impacts of climate change escalating, the way we buy and build houses needs to shift as well. Here's what buyers should know.

Mortgages 105
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Get ready for Gathering of Eagles 2023

Real Trends

Get ready for Gathering of Eagles 2023. It is a new year filled with new opportunities and that is why the theme of this year’s conference is ‘Forging Opportunities.’. You and your teams have worked tirelessly through 2022 and into the new year. Even in a down market, you are finding opportunities for success and development as a housing industry professional.

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Get Ready to Sell a House With This Checklist

Maximum Exposure Real Estate

Preparing Your Home For Sale Checklist Do you need a checklist for getting your house ready to sell? Over the years, many clients have asked me what to do before selling their houses. Who wouldn’t want to be prepared for their home sale? Right? The hard work begins now that you have decided to sell […]. The post Get Ready to Sell a House With This Checklist appeared first on Maximum Real Estate Exposure.

Sales 98
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First Brooklyn Smart Compost Bins Appear on Bed Stuy Streets

Brownstoner

On a walk down Patchen Avenue late last week, we noticed a welcome addition to some street corners: the city’s bright orange Smart Compost bins for composting. According to the map on the NYC Compost mobile app, Bed Stuy is the first Brooklyn neighborhood to get the public composting bins, which… Read More > The post First Brooklyn Smart Compost Bins Appear on Bed Stuy Streets appeared first on Brownstoner.

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11 Prospecting Tips for Real Estate Agents

Broke Agent Media

BAM Key Details: . With 2023 here, BAM reviews 11 key prospecting tips for real estate agents. Each tip is proven effective by experienced and successful agents and team leaders. We are officially in the first quarter of 2023. This year brings another chance at a fresh start—as much for your real estate business as for any personal goals you have in mind. .

Agents 98
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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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Mortgage Interest Rates Can Vary — Here’s When to Lock Yours In

Brownstoner

In this series of articles, mortgage pro Barry Koven, originating branch manager at CrossCountry Mortgage in Brooklyn, explains some basic facts about mortgages and demystifies the process of getting one. Here, he details how and why mortgage rates can vary, and when to lock one in. Mortgage interest rates can vary… Read More > The post Mortgage Interest Rates Can Vary — Here’s When to Lock Yours In appeared first on Brownstoner.

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New Conforming Loan Limits Make Over 2 Million Homes More Attainable

Broke Agent Media

BAM Key Details: . According to a new analysis by Zillow Home Loans, recent updates to conforming loan limits mean over 2 million U.S. homes no longer require a jumbo loan. . The Federal Housing Finance Agency (FHFA) increased conforming loan limits to $1,089,300 in some high-cost markets, making them more accessible to buyers. According to a new analysis by Zillow Home Loans , recent updates to conforming loan limits mean over two million U.S. homes no longer require a jumbo loan for financing.

Loans 98
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Bed Stuy Residents Want Brownstone Blocks Landmarked in Aftermath of Dangler Demo

Brownstoner

In an effort to stop any further demolition on their historic Bed Stuy blocks, Willoughby Avenue and Hart Street residents have come together to call on the Landmarks Preservation Commission to designate a historic district in their neighborhood. The Willoughby Nostrand Marcy Block Association and Justice for 441 Willoughby (a group… Read More > The post Bed Stuy Residents Want Brownstone Blocks Landmarked in Aftermath of Dangler Demo appeared first on Brownstoner.

Design 98
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Shaquille O’Neal’s house in Orlando — with the Superman Bed

Fancy Pants Homes

NBA superstar Shaquille O’Neal is known to have long owned of the craziest celebrity homes of all time: a sprawling, 31,000-square-foot megamansion he picked up in 1993 when he was a rookie with the Orlando Magic. The mansion, which served as Shaq’s home for close to 30 years, is truly one of a kind. Not just because Mr. O’Neal has very particular tastes — which are nonetheless showcased throughout the property — but because the home was never a financial investment

As-is 98
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.