Housing Wire
JUNE 3, 2022
Some Americans believed we entered a recession at the start of 2022; however, the jobs report for May came in at 390,000, dashing any hopes that this was the case and starting their weekend on a foul note. We did have some minor negative revisions to the prior reports, but the 10-year yield stayed firm after the announcement at 2.95%, with no real movement.
The Close
JUNE 3, 2022
One of the many marketing strategies that new listing agents struggle with, home staging is probably the most challenging. Hiring a professional stager is expensive, and DIY staging is something of a mystery for most new listing agents. In order to demystify the process, we worked with top-producing listing agents, including our friends at Ryan Serhant’s luxury brokerage SERHANT., to get the best home staging tips for 2022.
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Housing Wire
JUNE 3, 2022
After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Jobs Report released on Friday. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. Employment in the construction sector is 40,000 higher than its level in February 2020, while employment in residential building is 7.6% higher than its pre-pandemic level.
Sotheby's International Real Estate
JUNE 3, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Venice, Italy | Ann-Marie Doyle, Italy Sotheby’s International Realty . This six-bed apartment in a 16th-century palazzo has a long and storied history. Five of the best homes for sale in Venice – Financial Times. Betty White’s L.A. Home Fetches $10.678 Million After a Month – Wall Street Journal.
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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.
Housing Wire
JUNE 3, 2022
Top-10 residential lender and servicer Mr. Cooper has cut another 420 jobs, the second major layoff it has made this year. In a disclosure made public Thursday afternoon, the company said the cuts amounted to 5% of its employee base. Most of the job losses will hit the originations side of the business. About 16% of the staff losses will affect California staffers, and will take effect in July.
BubbleInfo
JUNE 3, 2022
Let’s revisit Encinitas Ranch for an example of how the zestimates will affect the post-frenzy era. Consider the ER comps since my $3,760,000 sale closed in November. This is where the algorithms should perform beautifully because there have been eight sales of similar tract houses built at the same time on similar sized lots and […].
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Fancy Pants Homes
JUNE 3, 2022
One of the most magnificent mansions in all of California, Hearst Castle has a rich history that captivates audiences just as much as its striking architecture. Built more than a quarter mile above the Pacific Ocean, the California castle that was formerly known as La Cuesta Encantada (Spanish for The Enchanted Hill), is a historic estate in San Simeon, Calif.
Housing Wire
JUNE 3, 2022
Lakeview Loan Servicing unveiled a rare private-label securities offering this past March involving a pool of mostly delinquent mortgages serviced by the company. The loans in the offering were all originated through the Federal Housing Administration (FHA) and later securitized through Ginnie Mae. At the time, it was only the fourth such private label securities (PLS) offering of its kind in more than a decade, according to a bond-rating report by Kroll Bond Rating Agency (KBRA).
The Mortgage Report
JUNE 3, 2022
Today’s mortgage and refinance rates Average mortgage rates fell modestly yesterday. That’s great. But the previous two days’ sharp rises mean the benefit of the most recent drop is limited. […].
Housing Wire
JUNE 3, 2022
This week’s HW+ member spotlight features Stuart Sim, head of industry development and brand ambassador at Chime Technologies. Prior to Chime, he has held a number of leadership roles, including roles at Realtor.com and NCL Sales & Strategy Consulting. Below, Sim answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why?
Advertiser: Trellis
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.
Realty Biz
JUNE 3, 2022
Real estate is an ever-changing business that is subject to frequent market fluctuations. Agents who can adapt their strategies in response to these changes can thrive, but those who fail to keep up risk being left behind. With the widespread adoption of video marketing and the availability of cheap or even free marketing tools like blog platforms, image-sharing websites, and video-sharing services such as YouTube, online marketers have more opportunities than ever before to connect directly w
The American Genius for Real Estate
JUNE 3, 2022
(BROKERAGE) Many businesses have had to pivot during the global pandemic but maybe yours isn’t one of them. Consider these questions first! The post 3 important things to consider before you pivot your business model appeared first on The American Genius Real Estate.
Realty Biz
JUNE 3, 2022
As online advertising options proliferate regularly, many believe that traditional OOH marketing methods have fallen by the wayside. But, this isn’t true for classics like billboard advertising, especially in the real estate industry. Billboard ads are an effective and trusted method of attracting new consumers who wish to purchase new listings or sell existing ones.
Brownstoner
JUNE 3, 2022
For newcomers to New York City, Greenpoint and Williamsburg are some of the most desirable neighborhoods in Brooklyn -- and perhaps some of the most sought-after real estate in the entire city. But it wasn’t always that way, and many people don’t know about the long history of environmental activism… Read More > The post New Exhibit Celebrates 50 Years of Environmental Activism in Greenpoint and Williamsburg appeared first on Brownstoner.
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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.
Realty Biz
JUNE 3, 2022
Lots of people want to buy property in Berlin or any other city in Germany, but as a foreigner, you might be unsure of the process and whether or not you are even eligible. Do not worry! This guide will tell you everything you need to know about purchasing property as a foreigner in Germany. Are Foreigners Restricted From Buying Property in Germany?
Brownstoner
JUNE 3, 2022
In the News They Fled Danger for New York. When Will Their New Lives Start? [NYT] New York’s Weed Rush Is Here. They Came to Cash In. [NYT] Exploring the Classic Co-ops of Brooklyn With Less Than $800,000 [NYT] New Film Focuses on Green-Wood Cemetery’s Artist-in-Residence [Eagle] Romantic Depot, Clinton Hill Reach Climactic Peace Treaty… Read More > The post Daily Links: Not Yet Licensed, Cannabis Boutiques Open in Brooklyn appeared first on Brownstoner.
Realty Biz
JUNE 3, 2022
When leasing out your commercial property to a business, you are taking on certain risks. These individuals may default on payments, damage your building, or cause other issues. If you want to get ahead of such problems and limit how much you may be liable for as well, here are the top guidelines to follow: Protect Yourself Against Liability. Yes, you can be held liable for various things when you rent out your building.
Brownstoner
JUNE 3, 2022
Our picks for open houses to check out this weekend are found in Park Slope, Prospect Heights, Crown Heights and Bay Ridge. They range in price from $1.1 million to $4.5 million. Located in Park Slope, this grand early 20th century brownstone was a House of the Day back in 2018… Read More > The post A Wood-Filled Park Slope Brownstone and Three Others to See This Weekend, Starting at $1.1 Million appeared first on Brownstoner.
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.
Realty Biz
JUNE 3, 2022
Inflation in the U.S. is running at a 40-year high and the rising prices its causing means many Americans are having to rethink their finances and future plans. With inflation currently at 8.3%, people are facing higher prices for food, housing, fuel and most other goods and services. Now, a new report from BMO Harris Bank has looked at the implications of those higher costs on the lives of Americans.
Eye on Housing
JUNE 3, 2022
In May, total nonfarm payroll employment increased by 390,000 and the unemployment rate was unchanged at 3.6%. Solid job gains continued in May, despite surging inflation, persistent supply-chain issues, and fears of a possible recession. Construction industry employment (both residential and non-residential) totaled 7.7 million and has exceeded its February 2020 level.
Realty Biz
JUNE 3, 2022
The LGBTQ+ Real Estate Alliance , one of the nation’s leading LGBTQ+ trade organizations with more than 2,300 members, has kicked off the annual June Pride Month celebration and will host more than 25 events for the real estate industry and consumers. “A lot of folks don’t realize that Pride Month, which is now celebrated around the world, was founded in June of 1970 when Manhattan’s Greenwich Village community returned to Stonewall, a well-known LGBTQ+ club, to honor the one-year anniversary of
Toronto Realty Blog
JUNE 3, 2022
TorontoRealtyBlog. I had a tough week for closings. Really tough… First, I visited a property the day before closing with clients, only to find the house was still full of junk. A rusted barbecue, broken planters, massive garden sculptures, a musty deep freezer, multiple bookshelves, broken closet organizers, and an oven full of rusted pots and pans – just to name a few items that were left behind, to our surprise.
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.
McKissock
JUNE 3, 2022
Ever since Fannie Mae and Freddie Mac (the GSEs) created the Uniform Appraisal Dataset (UAD) several years ago, real estate appraisers must rate building quality on a standardized scale from Q1 (best) to Q6 (worst). If you are performing appraisals for the intended use of secondary market mortgage lending, it’s essential to have a clear understanding of the UAD quality ratings, since you will be required to use them in your report forms.
BubbleInfo
JUNE 3, 2022
This is the only other sale located on the Encinitas Ranch golf course that might be considered a comparable sale, but it’s a completely different offering. The house has 5,200sf with pool on a half-acre lot – with no threat of golf balls hitting you while in the backyard. My buyers thought the price – […].
RISMedia
JUNE 3, 2022
By Kara Masterson Maybe there's a leak in your attic. Maybe you've noticed cracked or broken shingles. There are many reasons why you might need to replace your roof, but as with other home improvement projects, there are optimal and sub-optimal times to get it done. Here are just a few considerations when you're wondering […]. The post When Is the Best Time to Replace Your Roof?
Mashvisor
JUNE 3, 2022
Property management companies may assist with the day-to-day activities of your residential or business properties. Table of Contents What Does a Property Management Company Do?
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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.
Fancy Pants Homes
JUNE 3, 2022
A piece of New York theatre history is up for grabs. A pre-war condo in Hell’s Kitchen — complete with 12-foot ceilings, oversized windows, and a 400-square foot loft — was recently listed for sale. But despite the home’s many attribute, it’s the building’s storied past that caught our eye. The condo sits in a pre-war condo building at 414 West 51st Street that was once The Cubiculo Theater, which housed New York’s Shakespeare Theater.
Redfin
JUNE 3, 2022
Living in the Sunshine State, as Florida is nicknamed, is a popular choice among retirees and families. The state boasts year-round warm weather, beautiful beaches, and many opportunities for recreation and entertainment perfect for anyone. From the bustling city life of Miami to the laid-back atmosphere of the Gulf Coast, there’s something for everyone in Florida.
Mashvisor
JUNE 3, 2022
When will the housing market crash again? This has been a hot topic among real estate professionals and enthusiasts for quite some time now.
Redfin
JUNE 3, 2022
While Nashville is widely known as the “Music City” – music isn’t the only thing that makes Tennessee’s largest city famous. Nashville is also a foodie’s paradise – with everything from traditional Southern cuisine to upscale, fine dining. Whether you’re renting an apartment in Nashville , staying at an Airbnb for the week, or just passing through, you’ll want to check out the city’s best hidden food gems.
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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