What Experts Are Saying About the 2023 Housing Market
Keeping Current Matters
JANUARY 9, 2023
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.
Keeping Current Matters
JANUARY 9, 2023
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.
Housing Wire
JANUARY 9, 2023
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.
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Inman
JANUARY 9, 2023
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.
Housing Wire
JANUARY 9, 2023
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.
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Inman
JANUARY 9, 2023
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Housing Wire
JANUARY 9, 2023
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 9, 2023
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.
Inman
JANUARY 9, 2023
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.
Housing Wire
JANUARY 9, 2023
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
Inman
JANUARY 9, 2023
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.
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Sotheby's International Real Estate
JANUARY 9, 2023
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
Inman
JANUARY 9, 2023
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.
The Close
JANUARY 9, 2023
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.
Inman
JANUARY 9, 2023
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.
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Eye on Housing
JANUARY 9, 2023
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.
Inman
JANUARY 9, 2023
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.
Realtor.com
JANUARY 9, 2023
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.
Inman
JANUARY 9, 2023
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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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.
Bigger Pockets
JANUARY 9, 2023
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 […].
Inman
JANUARY 9, 2023
Smart home products are great, but how do you decide what stays and what goes when you're selling a home with these upgrades?
HomeLight
JANUARY 9, 2023
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.
The Mortgage Report
JANUARY 9, 2023
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.
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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.
Real Trends
JANUARY 9, 2023
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.
Maximum Exposure Real Estate
JANUARY 9, 2023
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.
Brownstoner
JANUARY 9, 2023
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.
Broke Agent Media
JANUARY 9, 2023
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. .
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Brownstoner
JANUARY 9, 2023
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.
Broke Agent Media
JANUARY 9, 2023
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.
Brownstoner
JANUARY 9, 2023
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.
Fancy Pants Homes
JANUARY 9, 2023
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
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