Eye on Housing
DECEMBER 22, 2022
In 2021, 9.1 percent of new single-family homes were built in an older neighborhood on a site where a previous structure had to be torn down and rebuilt, according to the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs. Another 18.5 percent were built on an infill lot in an older neighborhood. The BPS places new homes.
Housing Wire
DECEMBER 22, 2022
Mortgage industry executives, analysts and economists have started to place their bets on where mortgage rates will settle in 2023 amid the Federal Reserve’s tightening monetary policy and the fears of an economic recession. Spoiler alert: don’t expect much, if any, relief for borrowers in the short term. It’s true that after doubling over the course of a year, the 30-year fixed mortgage rate is trending downward at the close of 2022.
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Keeping Current Matters
DECEMBER 22, 2022
There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy.
Housing Wire
DECEMBER 22, 2022
Houston, Texas-based title firm Stewart , the smallest of the Big Four title insurance companies, has come under fire from New York Attorney General Letitia James for business practices that “hurt worker and limit their earning potential,” according to an announcement on Thursday. An investigation by James’s office found that Stewart has entered into illegal no-poaching agreements with several of its competitors, thwarting labor competition.
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NAR: Economic Outlook
DECEMBER 22, 2022
Instant Reaction: Mortgage Rates, December 22, 2022. The 30-year fixed mortgage rate decreased to 6.27% from 7.08% six weeks ago, making homeownership 10% more affordable than it was six weeks ago. By: . Nadia Evangelou. Mortgage Financing.
BubbleInfo
DECEMBER 22, 2022
As you may know, there are multiple lawsuits pending that accuse realtors of price fixing, and it ain’t looking good for us. Here is evidence provided in court – thanks Rob: The Franchisor Defendants provided training to brokers which directed them to offer a 6% commission rate, to be split equally among the Seller-Broker and […].
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
DECEMBER 22, 2022
65% of American citizens aged under 35 rent properties. Apartment rentals are much more common nowadays, as many people can't afford a mortgage to buy their own homes. There are some cities in America where rent is currently skyrocketing, and you should look out for these places if you're considering renting. Some rentals are very affordable. However, others are currently skyrocketing in price.
Brownstoner
DECEMBER 22, 2022
In a Ditmas Park co-op building, this one-bedroom rental has the generous foyer, arched openings and closet space expected from its 1940 construction date. It is on the top floor of the six-story 385 East 18th Street which was designed by architect Oscar I. Silverstone and completed by the summer of… Read More > The post Ditmas Park One-Bedroom With Wood Floors, Renovated Kitchen Asks $2,450 a Month appeared first on Brownstoner.
Real Trends
DECEMBER 22, 2022
Top-producing agent and team leader Cindy Cole is joining Corcoran Group franchise affiliate Corcoran Reverie , according to an announcement on Thursday. Based in Destin, Florida, Cole and her team (Cindy Cole Fine Homes) ranked at No. 38 in Florida in the 2022 RealTrends America’s Best rankings after recording $135.98 million in sales volume in 2021.
Brownstoner
DECEMBER 22, 2022
In the News Frank James to Plead Guilty to Terror Counts in Brooklyn Subway Shooting [NYT] NYC Moves to Let Giant Lithium Ion Batteries Be Installed on Rooftops [NYP] Brooklyn Bridge Park Completes $115 Million Pier Preservation Project [Eagle] ‘Worst Landlord Watchlist’ Includes Nearly 300 Brooklyn Buildings [BP] What to Do on New Year’s Eve… Read More > The post Daily Links: ‘Burg Residents Fear for Safety With Planned Rooftop Storage of Lithium Ion Batteries appeared first on
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Realtor.com
DECEMBER 22, 2022
Realtor.com ‘Tis the perfect holiday season to celebrate the beloved gingerbread house style. The unique design has been around since the 1800s, when it was introduced to add a bit more verve to the traditional Victorian. In the 1900s, the “gingerbread” moniker gained fame and has since become a delightful, stand-alone style. With lacy trim gables, classic Victorian charm, decorative woodworking, and candy colors, these five gingerbread houses look like they could be straight o
Point2Homes
DECEMBER 22, 2022
Home Decor Gifts for the Holidays - Point2 News. Many people spend extra time at home during the holidays , gathering with family, hosting parties or just relaxing. Our homes are where we can express ourselves through decor and be surrounded by the things we love. That’s why home decor gifts are an excellent option for offering something both practical and beautiful.
Better Dwelling
DECEMBER 22, 2022
Canada’s vast choice of unfilled jobs is quickly disappearing as the economy begins to tighten. Statistics Canada (Stat Can) data shows the number of job vacancies made a sharp decline in October 2022. That’s good news for moderating inflation as economic slack is absorbed, but also indicates we’re past peak growth and heading towards recession. […].
Tom Ferry
DECEMBER 22, 2022
What would it take to completely change your life in 2023? Don’t say, “making more money.” And don’t say, “to get some help.” Let’s be a little more specific than that. Two weeks ago, we talked about figuring out what you really want out of life. If you took the time to write it down, […]. The post The Early 2023 Growth Checklist for Real Estate Agents appeared first on Tom Ferry.
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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.
Bigger Pockets
DECEMBER 22, 2022
Don’t know how to become a millionaire? There’s a pretty simple formula for seven-figure wealth that the average American doesn’t know about. It isn’t complicated, but it does take a […].
The American Genius for Real Estate
DECEMBER 22, 2022
Digital hoarding is making your home and work life harder. Do you really need to save every email ever sent?
Bigger Pockets
DECEMBER 22, 2022
This article is presented by Kay Properties & Investments. Read our editorial guidelines for more information. It doesn’t seem that long ago when the winds surrounding the commercial real estate industry were […].
Realtor.com
DECEMBER 22, 2022
GETTY IMAGES The numbers: Mortgage rates continued to inch downwards, providing some relief to prospective homeowners. The 30-year fixed-rate mortgage averaged 6.27% as of December 22, according to data released by Freddie Mac on Thursday. That’s down 4 basis points from the previous week—one basis point is equal to one-hundredth of a percentage point.
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.
Sotheby's International Real Estate
DECEMBER 22, 2022
No matter how you celebrate the season, decorating makes the winter unlike any other time of year. Festive decor welcomes loved ones, as friends and families gather together. Here are some ideas about how this year’s leading holiday trends can be thoughtfully integrated throughout the home. Foyer: Add Color to Wintery White with Candy Cane Red. Tiffany Fraenkel-Burrus – Cardis Immobilier Sotheby’s International Realty.
Realtor.com
DECEMBER 22, 2022
Getty Images Plenty of us are looking to cut costs these days. The problem: Home upgrades that seem like wallet-friendly DIY projects often turn into money pits that require professional intervention. Take painting your home, for example: At face value, it seems like a great plan. Experts say painting a room yourself costs about half of what hiring a pro will set you back—that is, unless you screw it up.
HomeLight
DECEMBER 22, 2022
The real estate industry landscape has changed dramatically in the last few years, with lots of hills and valleys to navigate. In order to successfully traverse the potentially tough terrain of 2023 given the heavy decrease in buyer activity, certain things need to be included in your plan. If you’re like most agents, you’ve already begun to strategize for the upcoming year.
Realtor.com
DECEMBER 22, 2022
HGTV HGTV stars Jonathan and Drew Scott always pour their all into every client’s renovation, but on the latest “ Property Brothers: Forever Home ,” they even borrow an idea straight out of Drew’s own kitchen. In the episode “It Takes a Village,” the Scott brothers meet Jessica , a mother of two who’s trying to move on after the loss of her husband, Joe , an avid skateboarder.
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.
Bigger Pockets
DECEMBER 22, 2022
There are few things more critical to a real estate investor than home prices, mortgage rates, and rent. Thankfully, those are three subjects that Redfin decided to tackle in their […].
RISMedia
DECEMBER 22, 2022
By Kara Masterson So, you're thinking of buying a house? Congratulations! This is a huge milestone in your life. But before you start touring homes and picking out paint colors, there are a few things you need to take care of first. Here are four things you might not realize you need when buying a […]. The post 4 Things You Might Not Realize You Need When Buying a Home appeared first on RISMedia's Housecall.
National Association of Realtors: Culture Scan
DECEMBER 22, 2022
Putting the Client First, Not the Property, Even on TV Joey Ben-Zvi, star of Netflix’s “Buying Beverly Hills,” is known for being fearless and competitive. But what he loves most is building relationships.
Realtor.com
DECEMBER 22, 2022
Getty Images / Realtor.com Bye-bye, beachfront! Fox News host Jesse Watters has listed his cute abode on the Jersey Shore for $1,849,000. Fittingly located in the seaside town of Beach Haven, NJ , the beach home comes with four bedrooms, 2.5 baths, and 2,000 square feet of living space. The price was recently reduced by $50,000. Featuring an open floor plan, the interiors are spacious and bright.
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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.
Seattle Times Real Estate
DECEMBER 22, 2022
The average long-term U.S. mortgage rate declined for the sixth straight week, giving potential homebuyers a tiny amount of relief after rates topped out over 7% last month.
Realtor.com
DECEMBER 22, 2022
Getty Images Every tony neighborhood seems to have its own reality TV show these days—think “ Million Dollar Listing Los Angeles ,” “ Selling Sunset ,” and “ Selling the OC ,” among others. So it’s high time that the most famous ZIP code of all has finally joined the club. We’re talking, of course, about 90210, which is the subject of the new series “Buying Beverly Hills.” Now airing on Netflix, this show features the behemoth real esta
Louisville Homes
DECEMBER 22, 2022
If you have a property or a business and you have to pay back property tax there are loan companies that will offer commercial property tax loans at favorable rates. In this article, we explore whether a property tax loan is really a good solution. And we’ll also look at the different circumstances in which you might consider taking out such a loan.
Brownstoner
DECEMBER 22, 2022
As dusk fell on Sunday evening, thousands of Brooklynites celebrated the first night of Hanukkah, gathering together to light community menorahs from Grand Army Plaza to Coney Island. The celebrations were jubilant — attendees danced and sang with their friends and neighbors as the first candles were lit on the… Read More > The post Menorahs Are Lit Across the Borough as Brooklyn Celebrates Hanukkah (Photos) appeared first on Brownstoner.
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.
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