Real Trends
MARCH 14, 2023
Being a successful real estate agent requires a healthy mix of self-motivation and discipline. It can be difficult to manage your time and effort — especially when you’re just starting out. There is a lot of competition in the marketplace in 2023 , but with determination and devotion, you can begin to set yourself apart from the other real estate agents in your area.
Housing Wire
MARCH 14, 2023
Despite affordability challenges, the Hispanic homeownership rate reached 48.6% in 2022, the eighth consecutive year of growth. Latinos added a net total of 349,000 homeowner households last year, which is one of the largest single year gains over the last decade, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2022 state of Hispanic homeownership report on Tuesday.
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Real Estate News
MARCH 14, 2023
A new report from NAHREP found that Latinos formed more new households than any other demographic group in 2022 while also increasing their homeownership rate.
Housing Wire
MARCH 14, 2023
On Tuesday, we got more confirmation that the Federal Reserve ‘s biggest fear — inflation blowing up to 1970s levels — isn’t happening, according to the CPI data. Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it’s been hard to accelerate the core data. However, with the current banking stress news and the emergency action taken by the Fed to secure the banking sector, the question now is what will drive mortgage rates : infla
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Real Estate News
MARCH 14, 2023
Bank failures may lead the Fed to tap the brakes on raising interest rates, which means now is a good time for homebuyers to keep calm and make their move.
Housing Wire
MARCH 14, 2023
In a margin-compressing environment, California mortgage tech firm Blend Labs is betting that its newly launched composable origination tech will help the firm recover from its financial losses. Available in its Blend Builder Platform, users can build their own origination products, leverage integrations, and use modular blocks to resolve the complexity of an existing technology infrastructure, the company said in an announcement about the launch on Tuesday.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MARCH 14, 2023
Ravi Patel, a top loan officer and former senior vice president of mortgage lending at Guaranteed Rate , and his team, have moved to UMortgage, according to a statement issued on Monday. “Winners in this industry want to join our platform because we’re identifying the acute pain points of loan originators of different backgrounds—whether that be a retail shop or their own brokerage—and providing value-based solutions,” UMortgage President and CEO Anthony Casa.
Inman
MARCH 14, 2023
EXp Canada has appointed veteran real estate agents John Tsai, Nadia Habib and Nathalie Goodyer to three C-suite positions, according to the company. Tsai joined the brokerage in 2017.
Housing Wire
MARCH 14, 2023
Consumer prices climbed at a slower pace in February, keeping alive the hope that the Federal Reserve may pause the federal funds rate hikes in its meeting next week following the Silicon Valley Bank and Signature Bank failures. The Consumer Price Index (CPI) rose by 6% in February before seasonal adjustment compared to one year ago, lower than the 6.4% increase recorded in the 12 months ending in January, according to data released Tuesday by the Bureau of Labor Statistics (BLS).
Inman
MARCH 14, 2023
The acquisition of Colorado-based Cherry Creek Mortgage expands Guild's retail branch network by 68 offices in 45 states.
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Housing Wire
MARCH 14, 2023
The U.S. House of Representatives Subcommittee on Financial Institutions and Monetary Policy held a hearing last week on whether the Consumer Financial Protection Bureau (CFPB) should be reformed in regard to its mission. Subcommittee Chairman Rep. Andy Barr (R-KY) used the opening remarks to note that the agency is lacking oversight that’s consistent with other federal agencies while taking aim at CFPB Director Rohit Chopra for the enforcement actions pursued since Chopra entered office.
Inman
MARCH 14, 2023
Investing in rental properties is one of the most dependable methods of building wealth. You give yourself the best chance of success when you know exactly what you’re getting into.
Housing Wire
MARCH 14, 2023
Wisconsin-based Waterstone Mortgage Corp. has promoted Jennifer George to vice president of investor relations and credit policy, the company said in a statement issued Tuesday. “Her industry knowledge, leadership capabilities, and positive attitude make her an ideal fit for her new role,” said Waterstone Mortgage COO Rich Tucker. “Combining her love of research, knowledge of underwriting, and focus on solutions for our sales teams, she finds ways to drive clarity in our underwriting guidelines
Inman
MARCH 14, 2023
U.S. District Judge Reed O'Connor on Monday granted a motion to compel arbitration in Davis’s case filed in February by Keller Williams, Gary Keller and former KW President Josh Team.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Eye on Housing
MARCH 14, 2023
Consumer prices in February saw the smallest year-over-year gain since September 2021 with an eighth consecutive month of a deceleration. However, the shelter index (housing inflation) continued to rise at an accelerated pace and was the largest contributor to the total increase, accounting for over 70% of the increase. Shelter inflation is a lagging indicator and will primarily be cooled.
Inman
MARCH 14, 2023
Addressable is partnering with Open AI’s ChatGPT software to make it even easier for agents to execute personalized marketing efforts. The product is called SmartCopy.
Coldwell Banker
MARCH 14, 2023
Grab a glass of carmenere and fire up the grill to make yourself “asado,” because this month we are visiting Coldwell Banker Nueva Las Condes, located in the bustling capital city of Santiago de Chile. The post Coldwell Banker Around the World: March 2023 appeared first on Coldwell Banker Blue Matter.
Inman
MARCH 14, 2023
Unlike most other types of investments, it turns out that "infinite returns" are possible in real estate investing. Here's how it's done.
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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.
Eye on Housing
MARCH 14, 2023
Over the first month of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 53,062. On a year-over-year (YoY) basis, this is 36.4% below the January 2022 level of 83,404. Year-to-date ending in January, single-family permits declined in all four regions. The Northeast posted a decline of 20.3%, while the West region reported the steepest decline of.
Inman
MARCH 14, 2023
In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors' pocket listing policy.
Propmodo
MARCH 14, 2023
The conversation surrounding which amenities are a must-have for multifamily properties has a funny way of changing as the market cycles. From a landlord’s perspective, offering unique or highly desirable amenities can give a property the extra oomph it needs to stand out in the marketplace. With a recession around the corner and the Fed gearing up to raise interest rates yet again, nearly everyone is bracing for the impending economic downturn.
Inman
MARCH 14, 2023
The number of U.S. cities where the typical home value was $1 million or more has dropped from a high of 522 in July 2022 to 464 as of January 2023.
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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.
Real Trends
MARCH 14, 2023
The U.S. now has more households with pets than with children, according to a recent analysis by the National Association with Realtors (NAR). According to the NAR, while the number of families with children in households declined in the last two decades, the number of pet owner households increased. The share of Americans with pets in their homes is up from 56% in 1988 to 70% in 2022, according to data analyzed by the NAR.
Inman
MARCH 14, 2023
While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday.
The Close
MARCH 14, 2023
Have you looked at your 2023 calendar recently? Easter is super early this year, which means it’s already time to bust out your “Happy real estate season!” smile and get those spring promotions rolled out. What’s that? You haven’t already put together your marketing plan for the busiest time of the real estate year? Well, have no fear! I’m here with some sweet spring and Easter promotions to help your business bloom.
Inman
MARCH 14, 2023
A short-term fix by the federal government helped thousands of property managers keep the lights on after the collapse of Signature and Silicon Valley Bank. But lending will be tougher now, experts told Inman.
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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.
Real Trends
MARCH 14, 2023
Tracing its etymology back to a 1932 issue of “Atlantic Monthly” magazine in a quote from U.S. Senator James E Watson, the idiom, ‘If you can’t beat ’ em, join ’ em ,” is one of Phoenix-based real estate agent Kenny Klaus’ guiding business principles. In late 2014, Klaus noticed that he was losing some of his seller leads to a new proptech company that was offering home sellers the ability to receive instant cash offers on their homes without the hassle of preparing the homes for sale or hosting
Inman
MARCH 14, 2023
Want to do more than write a sonnet with the latest AI tools? Here’s how to put them to work on your content, and the platforms you need now.
Broke Agent Media
MARCH 14, 2023
In this week’s episode of The Real Word , Byron Lazine and Nicole White start with an Inman article on the importance of Silicon Valley Bank (SVB) , which made the news when some high-risk moves led it to its recent takeover by California regulators—and the second largest bank collapse in U.S. history. Next up was a BAM article on the Plunk app , which could shake things up for Zillow and the entire real estate industry, especially since Plunk has recently partnered up with three tech startups t
Inman
MARCH 14, 2023
SkySlope’s workflow benefits will enhance rental application and tenant screening actions, tools that help smooth out friction-prone, manual processes, RentSpree executives said Tuesday.
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