Tue.Dec 27, 2022

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Confused About What’s Going on in the Housing Market? Lean on a Professional.

Keeping Current Matters

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply and more.

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The 2022 housing market: A tale of two halves

Housing Wire

Marty Green thinks of the housing market in 2022 as two very different movies. The first half of the year, with mortgage rates in the 3s and 4s, was like “Fast and Furious.” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) over asking price. High octane stuff.

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Canadian Real Estate Prices To See Double-Digit Drop, Delinquencies Climb: Fitch Ratings

Better Dwelling

Canada’s real estate downturn will continue next year, warns a credit rating giant. Fitch Ratings released its 2023 forecast calling even lower home prices next year. After 3-decades of strong price growth without correction, affordability has never been worse. When combined with high rates, weak demand is expected in the near-term as home prices adjust. […].

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FHA borrowers hit first, hardest by sinking economy

Housing Wire

FHA Commissioner Julia Gordon. The fate of Federal Housing Administration (FHA)-backed mortgages in the ongoing downcycle housing market is being compared with a canary in the coal mine by several industry experts who track the sector and are seeing early warning signs of distress. In recent months, the canary has been chirping with far less exuberance as inflation (now above 7% annualized ), rising mortg a ge rates , declining home values and the potential of faster-rising unemployment spur

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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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Are you using LinkedIn’s ‘Services Provided’ section yet?

The American Genius for Real Estate

(SOCIAL MEDIA) LinkedIn is often little more than a static resume, but for service providers like you, their new test feature could make it a tool that is actually used for better lead generation.

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8 Reasons You Should Seriously Consider Listing Your House in January 2023

Lighter Side of Real Estate

If you’ve been thinking about selling soon, you’re probably leaning toward doing so when the spring market rolls around, since it’s often considered the best time of year to sell a house. However, you might want to reconsider what constitutes the “best” time for you to sell your house. It’s hard to qualify any specific time of year as the best time to sell, but spring probably gets ranked highest more so because it’s when more people tend to list their homes, and more buyers tend to look for a h

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Top 10 Real Estate Software for Home Buyers

Realty Biz

How can real estate software make buying a home easier? This is the question we'll answer for you today. Buying a home can be an exciting and safe venture, but it does come with some risks. Real estate software helps to make the process of finding and purchasing a home easier. From researching different neighborhoods and open houses to financing options and paperwork, there’s a lot involved in the home-buying experience.

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12 New Year’s Resolutions Every Real Estate Agent Should Make for 2023

Jason Fox

12 New Year’s Resolutions Every Real Estate Agent Should Make for 2023. As a real estate agent, you know that success in the industry can be hard-earned. You work hard to provide your clients with advice, guidance, and support throughout the home buying or selling process. As the new year approaches, you need to reflect on your goals and make resolutions to help you reach your full.

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How to get around the unreliable nature of sentiment analysis

The American Genius for Real Estate

(MARKETING) Gathering sentiment analysis on your brand is a standard marketing practice, but new studies reveal the data is increasingly unreliable - here's how to combat this trend.

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A real estate pro’s daily success schedule

Real Trends

Most of us got into real estate so we could have a sense of freedom. We dropped the boss, lost the schedule, and gained freedom, but along with that comes the necessity of self-discipline. That’s the hard part. Do you ever feel like you’re wandering around in the wilds of real estate, not knowing what to do next, which activities are most productive, and which are just busy work?

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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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6 Tips for Consistent Listings No Matter the Market Conditions in 2023

Lab Coat Agents

No one knows what the market will hold in 2023. You can’t control the market but you can control what you do about it. Whether you’ve been in the business for a while or just getting started in the industry, there are six simple tips you can use to help you stay ahead of the competition and make the most of the ever-changing real estate market.

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San Diego Case-Shiller Index, October

BubbleInfo

The local index peaked in May, so today’s local Case-Shiller reading for October is the fourth in a row that reflects the much-higher mortgage rates: San Diego Non-Seasonally-Adjusted CSI changes Observation Month SD CSI M-o-M chg Y-o-Y chg Jan ’21 301.72 +1.4% +14.3% Feb 310.62 +2.9% +17.1% Mar 320.81 +3.3% +19.1% Apr 331.47 +3.3% +21.6% […].

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How Virtual Tour Software Can Sell Your Home Faster

Realty Biz

House tours are no fun for real estate agents. They take precious hours of your time and require adapting to another person's schedule, all with no guarantee of a sale. But with virtual tour software, all of that is a thing of the past. Virtual tours serve as an excellent stand-in for a house tour. Even as a digital representation, they can help potential home buyers understand what they're dealing with.

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Why People-First Property Management Strategies Always Win

App Folio

Over nearly three seasons of The Top Floor podcast, we’ve heard incredible insights and invaluable advice from leaders in real.

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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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Brooklyn Real Estate Listings Six Months Later: All Four Sold

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Fort Greene, Bed Stuy, Caton Park and Park Slope. How did they fare? While its compact footprint could challenge a small family of committed minimalists, nonetheless this two-bedroom, one-bathroom co-op on the… Read More > The post Brooklyn Real Estate Listings Six Months Later: All Four Sold appeared first on Brownstoner.

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5 Snow Removal Missteps Most People Make Each Winter

Realtor.com

Getty Images When a winter storm hits, many homeowners anticipate snow removal will mean quickly shoveling walkways and driveways. But plenty of folks delay the cleanup, or do it incorrectly. And unfortunately, the ramifications of this can be fairly severe. Not handling snow and ice removal correctly can result in major issues, including roof damage and clogged gutters.

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Top Posts of 2022: The Nation’s Stock of Second Homes

Eye on Housing

With the end of 2022 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In May, Na Zhao reported on concerning the size of the second home housing stock. According to NAHB estimates, the total count of second homes was 7.15 million in 2020, accounting for 5.11% of the total.

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Feds allege two men hacked Ring cameras to livestream swattings

The American Genius for Real Estate

Ring cameras are common on homes today, so much so that folks are finding ways to view them and cause mayhem. The Feds have taken note.

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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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Who Goes There: Louisiana Castle for Sale for $1.1M Comes With Drawbridge Door

Realtor.com

Realtor.com A father wanted his son to grow up in a castle, so he built one. Now the 5,000-square-foot castle in Covington, LA, is for sale for $1,150,000. “The owner built it with his own two hands. He’s a construction guy, and it’s a legitimate castle with lots of features that are medieval in nature, but it’s a newer construction property,” says listing agent Will Frederick , with Keller Williams Realty Services.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

I bought my first investment property at 21 years old, before I really understood the potential impact of real estate market cycles. Of course, I knew the adage to “buy low and sell high.” But it took time and experience to figure out the particular moments in a real estate market cycle that are better for different types of investing. While tracking market cycles is widely accepted in the stock market, it has been strangely ignored in real estate investing.

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Seattle home prices falling twice as fast as rest of U.S.

Seattle Times Real Estate

Even as prices fall on a monthly basis (a full 1% in the Seattle area), they're still higher than they were a year ago. The rate of gains has slowed, though.

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McNair Group rejoins Coldwell Banker from Compass

Real Trends

McNair Group, a residential real estate team formerly affiliated with Compass for four years, rejoined Coldwell Banker Realty’s Northern California unit. The five-member team, led by Billy McNair, focuses on Menlo Park, Woodside, Portola Valley, Palo Alto, Los Altos, Redwood City and Atherton. The group has been featured in RealTrends + Tom Ferry The Thousand and America’s Best rankings for several years.

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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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Will High Inflation and Recession Fears Lead to a Drop in Remodeling?

Realtor.com

Getty Images During the height of COVID-19, it seemed like everyone knew someone who had bought a home and then remodeled the kitchen, created a home office or gym, or turned the scraggly backyard into an outdoor oasis. But as the pandemic enters its fourth year, most folks are no longer trapped in their homes obsessing over every flaw. The homebuying frenzy that typically spurs remodeling work has died down.

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How To Win Big As A Buyer In These Market Conditions

Bigger Pockets

I bet you’ve heard people say, “I’m going to wait to buy when housing prices start going down” more than once over the last couple of years. Well, guess what? […].

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Casino Mogul Steve Wynn Lists His Manhattan Penthouse for a Mind-Blowing $90M

Realtor.com

Getty Images / Realtor.com Is Steve Wynn cleaning house? The legendary casino and hotel developer has listed properties in Sun Valley, ID ; Palm Beach, FL ; and New York City , according to recent reports. The Big Apple property is a penthouse with a jaw-dropping price tag of $90 million. Wynn reportedly paid $70 million for the three-bedroom, 4.5-bath duplex condo apartment in 2012.

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From $40K in Debt to 4 Properties and How to Snag a Low Mortgage Rate in 2023

Bigger Pockets

Low mortgage rates, sneaky homebuying strategies, and getting into (and out of) debt, Lindsey Iskierka‘s story has it all. As the lead real estate agent on the SoCal David Greene […].

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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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Live Like William Randolph Hearst in This Grand-Scale L.A. Rental for $25K a Month

Realtor.com

Realtor.com Looking for a glam spot to host parties and events? Consider this over-the-top party pad used by William Randolph Hearst during the 1920s and 1930s. The 3,000-square-foot townhome in Los Angeles is available to rent for $25,000 a month. The unit in the Los Altos apartment complex on Wilshire Boulevard is being represented by Ari Wintraub of Sotheby’s International Realty–Brentwood Brokerage.

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5 Tips for When It’s Time to Remodel

RISMedia

By Hannah Whittenly If you're considering a remodel but need to know where to start, the first step is determining what needs fixing. This can be tricky when you need to become an expert. But before you call in an expensive contractor, take a realistic look at your situation and the pros and cons of […]. The post 5 Tips for When It’s Time to Remodel appeared first on RISMedia's Housecall.

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4 signs a pending home sale will fall through

Real Trends

One minute you’re on top of the world, the next you’re facing uncertainty. It’s an old adage that’s made varied appearances in popular media from Mad Men and Daughtry songs to an unreleased scene in Matt Reeve’s rendition of Batman. Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal.

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A Sneak Peek of Christina Hall’s New Forever Home—and the Design Detail She Keeps Repeating

Realtor.com

HGTV On the latest “ Christina on the Coast ,” Christina Hall gives us a good look at her recently purchased forever home—or at least where she hopes to stay for quite some time. In the episode “Another Dime in the Jukebox,” we learn that the designer and her husband, Joshua Hall , have been living in Dana Point, CA. But given her office and kids’ school are located in Newport Beach, she’s been spending a lot of time commuting.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.