Sat.Dec 02, 2023

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Mortgage rates should drop below 7% as housing demand picks up

Housing Wire

What a week! Mortgage rates almost fell below 7%, the 10-year yield is below 4.25% again, and people are seriously talking about Fed rate cuts in 2024. Times can change quickly, which is why we created the weekly tracker so you have the information you need in real-time. Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it has created four straight weeks of positive purchase application data.

Mortgages 543
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A guide to the real estate commissions cases

Real Estate News

Trying to keep up with all of the recent lawsuits? Here’s a cheat sheet.

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11 ways to say no (without actually having to say no)

Inman

Setting boundaries and saying no doesn't have to be so difficult with help from best-selling author Jay Papasan. He offers a range of options from delicate to direct to help you guard your time and energy.

Brokerage 182
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Will Mortgage Rates Ever Be 3% Again?

Marco Santarelli

Many people who are looking to buy a home in the US are wondering if they will ever see mortgage rates as low as 3% again. After all, just a year ago, the average 30-year fixed-rate mortgage was around 3.1% , according to Freddie Mac. That was a historic low that made homeownership more affordable for millions of Americans. But since then, mortgage rates have been steadily rising.

Mortgages 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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Abandoning NAR won’t help us reclaim our legacy and lead change

Inman

Agents industrywide are tempted to give NAR the cold shoulder, but coach Darryl Davis says that is not the solution to fix the major problems at hand.

Agents 139
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SAS Predicts 12 AI Realities and Myths for 2024

Realty Biz

AI's impact on the job market and society is a topic of much debate. However, its potential to assist businesses in making informed decisions is undeniable. Artificial intelligence (AI) has permeated various aspects of our lives, sparking discussions about its possibilities and challenges. Will we witness the realization of AI's capabilities in the upcoming year?

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The Technological Revolution: Transforming the Landscape of the Real Estate Industry

Realty Biz

The real estate industry is a dynamic one that changes regularly. Keeping up with it means embracing new technology as it shapes the way we manage property searches, buying, selling, and just about every aspect of our daily business. Business, Technology, Internet and network concept. In this article, [link] discusses the game-changing impact of technology in the modern real estate industry.

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Build Oceanview Dream Homes

BubbleInfo

I just listed this Terramar property for sale that allows for 60% FAR coverage, which should mean that two 3,600sf oceanview homes with ADUs for could be built on this R-2 lot and it’s only $2,000,000! The two homes should be worth around $4 to $5 million each when done.

Sales 52
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Will Interest Rates Go Down in 2025?

Marco Santarelli

Interest rates play a pivotal role in shaping the economic landscape, influencing factors such as inflation and financial markets. The Federal Reserve , commonly known as the Fed , serves as the central bank of the US, determining the target for the federal-funds rate. This rate signifies the interest that banks charge each other for overnight loans.

Banks 52
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Encinitas 1980s Spanish

BubbleInfo

Compass agent Nikol has this new listing in Ranchview Estates, which has some of the best easterly views of Olivenhain and Rancho Santa Fe:

Agents 52
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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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20 Most Affordable Places to Live in Georgia (2023)

Marco Santarelli

Are you looking for affordable places to live in Georgia? Georgia is a state with a rich history, diverse culture, and stunning natural beauty. One of the best things about Georgia is its affordability. Many communities offer a low cost of living, making it easy to make ends meet. Whether you're looking for a small town with a laid-back atmosphere or a larger city with plenty of amenities, Georgia has something to offer everyone.

Banks 52
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Where to Move

BubbleInfo

This week’s articles on where to move: [link] [link] [link]

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Santa Cruz Housing Market Forecast: Will it Crash in 2023 or 2024?

Marco Santarelli

The Santa Cruz housing market is a dynamic and competitive landscape that reflects the unique characteristics of this coastal city. Let's delve into the current house prices and trends in Santa Cruz. Current Santa Cruz Market Trends According to Redfin, in October 2023, Santa Cruz home prices remained relatively stable, showing a marginal change of 0.05% compared to the previous year.

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How Much Is Condo Insurance for Real Estate Investors?

Mashvisor

Investing in a condo comes with its own challenges compared to other rental property types.

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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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High-End Hospitality: 5 Welcoming Guesthouses

Sotheby's International Real Estate

Whether in California’s wine country or on the rolling plains outside historic Santa Fe, these estates offer guesthouses that allow visitors to unwind in seclusion and consummate style. Quintessential Wine Country Retreat Holly Bennett | Sotheby’s International Realty – Sonoma Brokerage This 5.96-acre Kenwood retreat was designed for quintessential wine country living.

Brokerage 115