Fri.Dec 02, 2022

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Is the market pivoting ahead of the Fed?

Housing Wire

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. The honey badger labor market is still going strong as we got another solid jobs report Friday, which pushed bond yields higher at first. However, the way the day ended showed that change is coming. We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look diffe

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Luxury Real Estate Headlines: First Week in December 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. San Francisco, California | Sotheby’s International Realty – San Franciasco Brokerage. The “grand-scaled” mansion is located on tree-lined street in Presidio Heights. 100-Year-Old San Francisco Home Lists for $11.35 Million – Mansion Global.

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Stronger than expected job growth raises specter of more Fed hikes

Housing Wire

Defying economists’ expectations, job growth remained strong in November. Total nonfarm payroll employment rose by 263,000 jobs from October , according to data released Friday by the Bureau of Labor Statistics. So far this year, monthly job growth has averaged 392,000, down from an average of 562,000 per month in 2021. Even as the number of jobs continued to rise in November, unemployment remained unchanged from a month prior, holding steady at 3.7%, with 6.0 million persons unemployed.

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A Sharp Global Real Estate Correction Is Approaching: Oxford Econ

Better Dwelling

Low rates led to a global real estate boom, now expected to correct as interest costs rise. This week, Oxford Economics warned a sharp global real estate correction is approaching. Rising rates, weak demand, and falling construction prices will take a lot of the froth out of the market. Global Real Estate Prices Expected To […]. The post A Sharp Global Real Estate Correction Is Approaching: Oxford Econ appeared first on Better Dwelling.

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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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HW+ Member Spotlight: Jeff Thompson

Housing Wire

This week’s HW+ member spotlight features Jeff Thompson, CEO at Windermere Group One. HW Media: What is your current favorite HW+ article and why? Jeff Thompson: I greatly appreciate the Daily Update that shows up everyday in my email. I am also excited about your partnership with RealTrends. I have been a fan of Steve Murray and his team for over 15 years.

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Tips on How to Get a Home Mortgage Loan

Maximum Exposure Real Estate

Preparation For Getting a Home Loan Are you looking at how to get a mortgage? If so, thinking about owning your first place is probably exciting. Buying a house is big deal. How to prepare to get a mortgage is something every buyer should think about well before making a home purchase! One of the […]. The post Tips on How to Get a Home Mortgage Loan appeared first on Maximum Real Estate Exposure.

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How To Use CRM Software and Marketing Automation for Your Real Estate Website

Realty Biz

As of 2022, only 25% of businesses are using marketing automation. This means that there are still 75% of businesses do their marketing manually, voluntarily booting themselves out of the competition with the top players in their market that are automating their marketing. Automating your business with CRM software will help companies bring in revenue and to reduce their operating costs.

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U.S. Added 263,000 Jobs in November

Eye on Housing

In November, job growth slowed slightly from the previous month but still showed strength despite tight monetary policy. The unemployment rate was unchanged at 3.7% in November as the number of persons in the labor force decreased for the third straight month. Total nonfarm payroll employment increased by 263,000 in November, following a gain of 284,000 in October, as reported.

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THE BETTER HOMES AND GARDENS REAL ESTATE BRAND WELCOMES START-UP BROKERAGE IN SOUTHWEST GEORGIA

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Historic based in Thomasville, Ga. The firm is owned and operated by Will Palmer, a native of Thomasville, Ga, who also oversees a real estate company in Santa Rosa Beach, Fla. Launching the brokerage with the Better Homes and Gardens ® Real Estate brand, Palmer can build a full-service firm where agents will have access to proprietary avenues for lead generation, technology resources

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Percy announces the top 10 real estate seller pages for 2022

Real Trends

Data intelligence and fintech marketing company Percy , in partnership with RealTrends, recently released a list of the 2022 RealTrends Best Seller Pages , which ranks the top 10 real estate companies’ data-driven seller pages. According to a press release, the companies featured on the list provide the best customer experience using seller pages that deliver best-in-class resources and online tools to help home sellers.

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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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ERA REAL ESTATE EXPANDS NEW ORLEANS PRESENCE WITH AFFILIATION OF ERA REALTY ALL OVER

Realty Biz

ERA Real Estate , a global franchising leader within the Anywhere SM portfolio of brands, announced today the affiliation of ERA Realty All Over in Harvey, La., a suburb of New Orleans located just south of the Mississippi River. . The firm is led by owner Brittny McKay. After a career in banking, Brittny earned her real estate license in 2013 and launched her firm, Brittny McKay Real Estate, in 2017.

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9 Functional & Fun Home Office Decor Ideas

Point2Homes

Home office spaces may be an extension of the working world, but that doesn’t mean they have to be boring or stuffy. There’s a whole world of fantastic office accessories, furniture and supplies allowing you to create a space that reflects your personality and work style. Here are some ideas for crafting the perfect home office decor that will help you stay focused, inspired and productive : Be Organized.

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5 Glamorous Bathroom Trends Making a Splash Right Now

Realtor.com

Photos by @_havensent_ / @makemyhomepretty / @ maddiegdesigns via Instagram More than any other room in the home, the bathroom is a place where homeowners can let their design imagination run wild. It’s a space to try out new trends, experiment with bold colors, and embrace unique architectural details. Guests appreciate a powder room adorned in a fashion-forward wallpaper or a statement tile.

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A Marine Park Tudor Revival With Garage and Three More to See, Starting at $839K

Brownstoner

Our picks for open houses to check out this weekend are found in Bed Stuy, Midwood, Williamsburg and Marine Park. They range in price from $839,000 to $2.795 million. In the Stuyvesant Heights Historic District, a Beaux-Arts confection overlooking Fulton Park has four units, exquisite details, updated wet rooms with a… Read More > The post A Marine Park Tudor Revival With Garage and Three More to See, Starting at $839K appeared first on Brownstoner.

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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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5 secrets to real estate success in any market

Real Trends

One of the highest-paying careers in the world is real estate sales. Yet despite this fact, one of the lowest-paying careers in the world is also real estate sales! Over the past three decades, I have had the opportunity to conduct nearly 1,000 seminars and workshops for real estate agents and brokers across the nation and abroad. During these events, I have the honor of watching people’s eyes light up, beliefs rise and motivations come to life.

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Save on Monthly Home Costs With These 7 Hacks

Realtor.com

Getty Images If you’re feeling the financial crunch right now, you’re not alone. Ever since inflation reached a record high of 9.1% this past summer (the highest it’s been in 40 years), life has started to feel pretty unaffordable. Add the double-whammy of increased energy prices and the oncoming holiday season, and it’s gearing up to be an expensive end to 2022.

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5 Ways to Fast-Track Your Appraisal Career

McKissock

There are many reasons people choose to launch a career in real estate appraisal—including the potential to earn a high income, opportunity to work flexible hours, and low start-up costs compared to other small businesses, to name a few. Are you interested in starting an appraisal career? Or perhaps you’re a licensed appraisal trainee eager to upgrade your license and advance your career as quickly as possible?

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Mark Wahlberg Slices Price on Beverly Hills Megamansion to $79.5M

Realtor.com

Getty Images / Realtor.com Mark Wahlberg ‘s 30,500-square-foot megamansion in Beverly Hills, CA , has returned to the market with a fresh $79,500,000 price tag. The Richard Landry –designed home initially went up for sale in April for the eye-watering price of $87,500,000. Now, Compass’ celebrity real estate agent Carl Gambino has joined the sales team and the price has been reduced by $8 million.

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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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Rookie Reply: How to Get a Better Price on That Off-Market Property

Bigger Pockets

Off-market real estate deals can give investors like you HUGE discounts on what would be expensive investment properties. Either due to the property condition or the state of the seller, […].

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5 of the Top We Buy Houses for Cash Companies in Gainesville, Florida

HomeLight

Disclaimer: This post is meant to be used for educational purposes only and does not constitute financial advice. Links and mentions of Gainesville, FL area “we buy houses” companies do not constitute an endorsement. Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more.

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Is it time to add a buyer representation agreement to your business practice?

Real Trends

Signing a contract when representing sellers and listing a property are second nature to all real estate professionals. An agent would never list a property without a contract, right? So, why do so few agents require a buyer representation agreement? It’s not standard practice because it can be a difficult conversation to have with buyers. In a November session at the National Association of Realtors NXT Conference in Orlando, Adorna Carroll, president of Dynamic Directions , who trains re

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5 Historic Houses Shimmering With Holiday Decor to Visit This Season

Brownstoner

If a relaxing holiday escape is in the cards, you can step back in time and get some seasonal inspiration at one of New York's many historic sites. We've rounded up five houses outside of Brooklyn that have festively decked their period rooms and are offering special tours and programs.… Read More > The post 5 Historic Houses Shimmering With Holiday Decor to Visit This Season appeared first on Brownstoner.

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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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Heating Mistakes You May Be Making in Your Home

RISMedia

By Kyla Stewart When winter arrives, people all over the country reach for their thermostats to turn on the heat. Your furnace will keep your home warm and comfortable all year long, and makes surviving those cold winter days a little bit easier. However, there is a chance you are making some mistakes when it […]. The post Heating Mistakes You May Be Making in Your Home appeared first on RISMedia's Housecall.

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Mary Kay Gallagher Remembered as ‘Queen’ of Prospect Park South, Protector of Victorian Homes

Brownstoner

A true force in preserving Brooklyn’s Victorian Flatbush, and the matriarch not just of her family but of a neighborhood, Mary Kay Gallagher passed away at her home in Prospect Park South on Thursday, November 24, just over a month shy of her 103rd birthday. Despite being a well-known name in… Read More > The post Mary Kay Gallagher Remembered as ‘Queen’ of Prospect Park South, Protector of Victorian Homes appeared first on Brownstoner.

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‘We’re Going Bigger Than Ever’: Tarek El Moussa and Christina Hall Come Together for a Final ‘Flip or Flop’

Realtor.com

HGTV For those of you who thought you’d seen the last of Tarek El Moussa and Christina Hall working together on “ Flip or Flop ,” surprise—they’re back! These two have returned for one more episode, titled “Flip or Flop: The Final Flip,” where they renovate a four-bedroom, three-bathroom, 2200-square-foot house in Sunset Beach, CA.

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Daily Links: Truly Affordable Development Opens in Brownsville With 160 Apartments

Brownstoner

In the News Bidding on a Brooklyn Brownstone With a Baby. Which Did They Buy? [NYT] New York Police Name a Chief Who Has Faced Internal Discipline [NYT] Inspired by Brooklyn, an Urban Painter’s Fantastic Floral Visions [NYT] Christmas Tree Vendor Alarms Businesses in Brooklyn Heights [Eagle] Subway Surfer in Brooklyn Killed After Falling Off… Read More > The post Daily Links: Truly Affordable Development Opens in Brownsville With 160 Apartments appeared first on Brownstoner.

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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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20 Best Gifts for New Homeowners in 2022

Zolo

Everyone loves a good housewarming gift. Here are 20 gifts for new homeowners from tools to customized home decor. The post 20 Best Gifts for New Homeowners in 2022 appeared first on Zolo.

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2023 Forecast #2

BubbleInfo

Let’s get used to reading more 2023 predictions that give vague reasons why the national stats will be negative, with an extra thumping on the west: [link].

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Investor Home Purchases Down 30% Year on Year

Mashvisor

Rising mortgage rates can significantly affect investor home purchases. As mortgage rates go up, investors are slowly dropping out of the market.

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Instant Reaction: Jobs, December 2, 2022

NAR: Economic Outlook

Instant Reaction: Jobs, December 2, 2022. Even with the increasing number of layoffs in some industries, the overall job market remains strong. By: . Lawrence Yun.

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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.