Fri.Oct 08, 2021

Construction a bright spot in weak September jobs report

Housing Wire

Total non-farm employment added a disappointing 194,000 jobs in the month of September, bringing the unemployment rate down to 4.8%, according to the U.S. jobs report released on Friday.

Job Gains Slow Sharply in September

Eyes on Housing

Job gains slowed for the second straight month amid the resurgence of COVID-19 cases. Total payroll employment rose by 194,000 in September and the unemployment rate dropped to 4.8%. For the coming months, job gains are expected to accelerate as COVID-19 cases began to subside.

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Top markets for affordable renovated housing inventory

Housing Wire

Skyrocketing U.S. home prices are quickly shifting the affordability calculus for prospective homebuyers in 2021 — even though mortgage rates have remained near record lows. The median home price nationwide in August increased 14.9%

7 ways to wow past clients and build lifelong relationships

Inman

Here are seven memorable ways to deepen your relationships with past clients, create raving fans and generate more referrals.

Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Join Paul Moya, CEO of Millennial Labs and the Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World, as he shares insights and information about the importance of understanding a buyer and how their needs change with each generation.

CFPB settles with reverse lender over “deceptive” home estimates

Housing Wire

The Consumer Financial Protection Bureau (CFPB) today settled a lawsuit against the nation’s largest reverse mortgage lender for allegedly sending consumers inflated home valuations. In a lawsuit filed today in the U.S.

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J.P. Morgan, the 800-pound gorilla in the private label space

Housing Wire

The private-label residential mortgage-backed securities market has been resurrected from its near-death following the global financial crisis a decade and a half ago.

Pros and Cons of Coming Soon Real Estate Marketing

Maximum Exposure Real Estate

Over the past year, a few of my clients have asked me what is coming soon real estate marketing and how it works. If you have paid much attention to the real estate market lately, you have probably noticed “Coming Soon” on the occasional yard sign or certain Zillow listings.

HW+ Member Spotlight: Jeff Walker

Housing Wire

This week’s HW+ member spotlight features Jeff Walker, CEO and co-founder at CredEvolv.

Why NAR is on the right side of the agent commission debate

Inman

Anthony Lamacchia generally agrees with Homie CEO Johnny Hanna’s take that change is good for the industry. However, he doesn’t see the agent commission “reckoning” as better for consumers as many are painting it. Here’s why.

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Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.

SOPHISTICATED PORTLAND IN LAIR HILL

The Living Room

SOPHISTICATED PORTLAND IN LAIR HILL. 124 SW Meade Street, Portland, OR 97201. Offered at $722,000. 3 BEDROOM | 2 BATH | 2,904 SQ FT. MLS #21083774 | TAXES: $7,921. Step into this elegant Victorian home with modern amenities and upgrades throughout.

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4 Home Staging Tips for Fall 2021

RIS Media

It’s that time of year again. Pumpkin spice everything is on the menu, and the holiday season is on the horizon. For agents, it’s also time for you to get some end-of-the-year contracts signed as demand persists and the market frenzy and competition cools down a bit.

REX Homes has second round of layoffs, closes NY and CHI markets, plans to join MLSs

The American Genius for Real Estate

(CORPORATE) REX Homes has just concluded a second round of layoffs and has indicated they will be joining MLSs as part of their restructure. The post REX Homes has second round of layoffs, closes NY and CHI markets, plans to join MLSs appeared first on The American Genius Real Estate.

16 luxury buying and selling trends you can’t ignore

Inman

The way we live, work and play has significantly changed over the past year or so, and these shifts will continue to drive luxury consumer behavior as far as how and where they choose to live. Here are a few trends you need to be ready for.

NAR Advisory Board Approves Motion to Alter MLS

RIS Media

The National Association of REALTORS® (NAR) is proposing a series of changes to its multiple listing services (MLS) in the new year, according to recent reports.

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62nd Annual Fort Lauderdale International Boat Show – Southeast Florida

Waterfront Properties

The 62nd Annual Fort Lauderdale International Boat Show is taking place October 27 through October 31, 2021, at the Bahia Mar Yachting Center. Fort Lauderdale is known as the “Yachting Capital of the World” and is hosting the infamous boat show.

Water Damage: How to Lessen the Threat

RIS Media

Water damage is caused by storms, flooding, roof leaks, damaged pipes, leaking washing machines and more. If not addressed, water damage can eventually cause structural damage, which can mean significant costs to repair and can negatively affect a home’s value.

Fabulous Dining In Palm Beach County

Waterfront Properties

Hungry for a delicious steak? Or maybe you are just looking for the perfect place for a wonderful evening with friends or a romantic dinner for two. Three of our favorite restaurants in Palm Beach County are sure to appease. 1000 North, 1000 U.S. Highway 1 is on the Jupiter Inlet.

Court rules that an email can create a legally binding contract

Realty Biz

Real estate agents might want to be more careful about when they hit that ‘send’ button, as whatever they say in an email could be legally binding, according to a July ruling by a New York State appellate court. The advice is especially prudent when conducting negotiations over email, experts say.

Overall Job Growth Disappoints in September, But Construction Is on the Rise

RIS Media

Jobs are on the rise, but September growth was slow—a follow-up to a slow August. According to the latest report from the Labor Departmen t, employers added 194,000 jobs for the month, and unemployment decreased by 0.4 percentage points to 4.8%.

5 habits of agents who effectively prospect the affluent (Part 1)

Inman

In this weekly series, David Friedman shares the five keystone habits for effectively prospecting the affluent, distilled from over a decade of advising global leaders in luxury. This week, learn how to shift from the reactive 'hope marketing' to proactive, referral-boosting strategies.

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Friday Headlines!

Toronto Realty Blog

TorontoRealtyBlog. One of the agents on my team just asked what I was writing about for tomorrow’s blog, and I told him. “Oh, so then it’s ‘mail-it-in Friday’ then?” ” he replied. Tsk Tsk. I take a lot of crap in here, you know.

With launch of YourHomeHub, MooveGuru offers agents franchise opportunities

Inman

Moving technology company MooveGuru is now selling franchise model to the real estate industry, allowing agents to invest in and own regional markets.

4 Ways to Prepare to Put Your House on the Market

Realty Biz

There is a lot more to selling your home than just putting up an ad or a for-sale sign. You will have to take the time to prepare your home. You need to do the following things to prepare your home to be put on the market. Make All of the Necessary Repairs.

Does your brokerage need to be a one-stop shop?

Inman

With brokerages rolling out new product offerings like mortgage and insurance, how can you be sure you’re hanging your license with the right brokerage for the long haul?

U.S. Households Spend 27% of Income on Rent

RIS Media

The National Apartment Association (NAA) recently released new research analyzing rent-to-income percentages, which are based on professionally managed residential lease applications screened by TransUnion’s ResidentScreening platform.

Blimp drives deal communication, compensates for data: Tech review

Inman

Imagine if Facebook compensated users for every like, image post or ad campaign they started. That's the idea behind Blimp's approach to bettering the industry.

Realogy Forms Joint Venture With Centerbridge Partners

RIS Media

Realogy Holdings Corp. recently announced an agreement to form a Title Insurance Underwriter joint venture with an investment from funds affiliated with Centerbridge Partners, L.P., a private investment management firm.

NAR highlights top tech tools used by real estate agents

Realty Biz

Most people begin their real estate search online so it’s not surprising that the vast majority of agents are adopting technology tools that can help with marketing their listings and closing transactions.

Mortgage and refinance rates today, Oct. 8, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. That means we haven’t seen a fall since Monday. Still, these rates remain extraordinarily low by historical standards. This […]. Mortgage Rates Now