Housing Wire
DECEMBER 23, 2022
This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
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Housing Wire
DECEMBER 23, 2022
New home sales, to the surprise of many, rose by 5.8% in November to a seasonally adjusted annual rate of 640,000 , according to data published by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. New home sales data last month was much stronger than had been anticipated; the market had expected a contraction of 4.7% in November.
Eye on Housing
DECEMBER 23, 2022
The most recent Home Building Geography Index (HBGI) shows that multifamily home building has continued to experience strong growth since the start of the pandemic. Due to the low single-family housing inventory and elevated unaffordability of single-family housing caused by high house prices and higher mortgage rates, demand for multifamily housing has remained solid over the past year.
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Housing Wire
DECEMBER 23, 2022
The Federal Housing Finance Agency (FHFA) isn’t doing all that it can to prevent appraisal bias, according to the agency’s Office of Inspector General. In a report issued on Wednesday, the watchdog said the regulator of Fannie Mae and Freddie Mac, which itself published a report that drew attention to racial bias claims in December 2021, should notify state regulators and licensing authorities when it finds cases of appraisal bias.
Coldwell Banker
DECEMBER 23, 2022
A quick guide to what & where to give this holiday season! The post Clear the Clutter & Make an Impact appeared first on Coldwell Banker Blue Matter.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
DECEMBER 23, 2022
While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs, and challenging affordability conditions. Sales of newly built, single-family homes in November increased 5.8% to a 640,000 seasonally adjusted annual rate, according to newly released data by the U.S.
Housing Wire
DECEMBER 23, 2022
With Fannie Mae and other organizations predicting a tough outlook for 2023’s housing market, loan officers should be looking to get their name out in front of as many potential borrowers as possible in order to secure business. Even if you think you have enough business right now, you need to start leveraging social media in order to stay relevant and top-of-mind, as well as maintain your volume. .
Better Dwelling
DECEMBER 23, 2022
Canadian mortgage debt is slowing, but it’s way past the point of becoming a problem. Bank of Canada (BoC) data shows outstanding mortgage credit slowed in October 2022. However, slow growth is still growth—households now owe the equivalent of the country’s economic output. At this level, debt will pile up much faster than GDP grows, […].
The American Genius for Real Estate
DECEMBER 23, 2022
Meta - fines - breaching antitrust - we have heard it all before, but this time it's almost $12 billion dollars due in the EU.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Real Trends
DECEMBER 23, 2022
“I think you shouldn’t be scared to take risks. People appreciate risks,” says social media content creator and real estate agent Matt Lionetti. Using social media to grow your sphere of influence and promote your business is a staple for most of today’s agents. Rarely will you connect with someone who doesn’t have a Facebook or Instagram account. However, there is a difference between having an account and using that platform to the best of your ability.
Realtor.com
DECEMBER 23, 2022
Photos by @sophphphphie / @lizmearns / @delightfulll While some design trends stick around much longer than they should (hello, all-gray kitchens and rose-gold hardware), others have well-earned staying power. As we move closer to the new year, we wanted to celebrate some of our favorite design trends of 2022 that are poised to stick around—with a focus on the space you’ll be spending a lot of time in these next few weeks: the dining room.
Brownstoner
DECEMBER 23, 2022
It is the Brooklyn neighborhood that glows during the holiday season and there is still time to gaze upon the brilliantly lit displays of Dyker Heights as the year draws to a close. As usual, residents started decking their houses in November with giant nutcrackers, animatronic Santas and dramatic light… Read More > The post The Spectacular Sparkle of the Dyker Heights Christmas Lights (Photos) appeared first on Brownstoner.
The Mortgage Report
DECEMBER 23, 2022
Today’s mortgage and refinance rates Average mortgage rates nudged modestly higher yesterday. But we should probably count ourselves lucky they didn’t climb further. Once again, mortgage rates today look likely […].
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Brownstoner
DECEMBER 23, 2022
In a building with a noteworthy architectural pedigree, this corner unit in Cobble Hill was renovated with an open plan living room and kitchen, beamed ceilings and built-in storage. It is on the fourth floor of 140 Warren Street and is part of the Cobble Hill Towers, the 1870s red-brick… Read More > The post Renovated Two-Bedroom in Alfred Tredway White’s Historic Cobble Hill Towers Asks $980K appeared first on Brownstoner.
Real Trends
DECEMBER 23, 2022
According to a recent Zillow report, the new generation of homeowners — those under the age of 40 — are having their say to the most important home features of 2023. In years past, listing agents have emphasized chef’s kitchens, walk-in closets and open-concept living spaces. These features used to be the hallmark of a desirable home. Now, there are new home features that buyers are looking for.
Brownstoner
DECEMBER 23, 2022
In the News NYC Has Lost 781 Chain Stores — Including Duane Reade — Since 2019 [NYP] MTA Set to Award $368 Million Contract to Modernize G Line Signals [amNY] Brooklyn Pols Call for Repeal of Prospect Park E-Bike Ban [amNY] McGolrick Park Is Back and Better Than Ever [Greenpointers] Lofty Goals: Greenery at Every… Read More > The post Daily Links: Prospect Park E-Bike Ban Unfairly Punishes Workers, Should Be Repealed, Pols Say appeared first on Brownstoner.
Real Trends
DECEMBER 23, 2022
At least 50% of proptech companies have messaging that calls for the disintermediation of the Real Estate Agent. The haloed “6%” (commission) is an economic goldmine that PropTech entrepreneurs have been looking to prospect for a decade at least. What has come to pass, broadly, is that all notions of removing the “agent” from the transaction have fallen flat.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Realtor.com
DECEMBER 23, 2022
Getty Images For generations, the vision of coming home for the holidays has been feasts with family and friends, garlands and mistletoe hanging overhead, and homes decked out in lights as it snows lightly outside. But some parts of the country get more into the holiday spirit than others. And while certain holiday decorations are perennially popular , others have fallen out of favor.
Bigger Pockets
DECEMBER 23, 2022
What makes a great real estate market? If you’re a new investor, you might think that high rents and cheap home prices are all that matter, but you couldn’t be […].
Realtor.com
DECEMBER 23, 2022
christinahaack/Instagram Christina Haack is yet again making waves, marrying for the third time to real estate agent Joshua Hall. The star of “Christina on the Coast” and co-star of “Flip or Flop” revealed this exciting news on Instagram while celebrating Hall’s birthday in Los Cabos, Mexico. The post shows the couple grinning from ear to ear as she casually displays a dazzling, giant diamond ring on her left hand.
Realty Biz
DECEMBER 23, 2022
Last December, 19% of homebuyers waived the home inspection contingency component of their real estate sales contract. Even though most realtors don't recommend not ordering a home inspection, in a tight market, waiving the contingency may improve a buyer's chances of a seller accepting their offer. If opting out of a pre-closing inspection sounds enticing, don't make a rash decision.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Realtor.com
DECEMBER 23, 2022
Realtor.com A Garrison Colonial built in 1725 in North Haven, CT , is the oldest property to hit the market this week on Realtor.com®. The 2,812-square-foot home boasts lots of history with many period details. The two-story structure features a second level that overhangs the front of the home, with an exterior chimney in classic Garrison design. Other gems on the market this week include a pre-Revolutionary War estate in South Carolina, an updated New England antique in Massachusetts, and a fa
Realty Biz
DECEMBER 23, 2022
More and more people are working from home now, particularly due to changes in workplaces since the global pandemic and the benefits of technology and more flexible company policies. If you’re new to working from home, though, or know that you need to create a better space to be more productive, you may be eyeing your garage. Using this part of your property as a workplace can give you the privacy and square footage you require to achieve more each week.
Realtor.com
DECEMBER 23, 2022
Getty Images Few home accents add ambiance to a room as instantly as candles. A single taper at dinner can make even Thai takeout feel romantic. One lit in the loo can turn your run-of-the-mill bath into a spa retreat. And no holiday setup is complete without a candle shaped like Frosty the Snowman. America’s adoration of these tiny flickering flames is so strong, in fact, that the candle industry was recently valued at $3.54 billion—projected to grow to $6.64 billion by 2027.
Sotheby's International Real Estate
DECEMBER 23, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Bedford, New York | Julia B. Fee Sotheby’s International Realty. The home comes completely furnished—and with a $300,000 boat. This $12 Million New York Manse, With a Rock Wall and Zip Line, Is Like a Luxury Summer Camp – Robb Report. An Experimental Home With a Shape-Shifting Interior Just Hit the Market for the First Time – Dwell.
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RISMedia
DECEMBER 23, 2022
By Rachelle Wilber When the summer months roll around, it's time to break out the cooling unit in your home. But if you're looking to upgrade your current model, there are a few things you'll need to consider before making a purchase. Here's a quick guide on how to pick the perfect cooling unit for […]. The post 5 Things to Consider If You Need a New Cooling Unit appeared first on RISMedia's Housecall.
BubbleInfo
DECEMBER 23, 2022
It’s bad enough that the Fed chairman doesn’t know how his actions will affect the markets. If you didn’t know, wouldn’t you be cautious? Apparently not for Powell, and it seems likely that the Fed will bump their Fed Funds rate another 3/4% in the first half of 2023 – and maybe do all of […].
The American Genius for Real Estate
DECEMBER 23, 2022
Coming out of the trenchs of Covid in China will not be an easy task. How do they plan to take on the feat of recovering?
Seattle Times Real Estate
DECEMBER 23, 2022
A grisly pre-Christmas killings of two young men and their uncle at an early 1900s house in Mexico City is putting attention on the dark side of the capital's booming property market.
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