Housing Wire

JUNE 8, 2023

Homebuyers these days are facing much higher costs of ownership compared to a year ago, pushing most to the sidelines. Mortgage rates and home prices are high and inventory is paltry, resulting in a largely frozen housing market. Nearly two-thirds of Americans say they are waiting for mortgage rates to drop before entering the market, according to a survey released this week by BMO Financial Group , the eight-largest bank in North America.

Mortgages 366

Mortgages Land Loans Banks 366

Real Estate News

JUNE 8, 2023

Home equity dipped last quarter for the first time in a decade, but big gains in recent years have kept most homeowners squarely in the black.

Equity 278

Equity 278

Housing Wire

JUNE 8, 2023

In this tight market cycle, strategic operational decisions can be the difference between success and failure. An aligned team of operational leaders can transition your business into the future, but first, you need the tools to get there. How are you driving your LOs to up their game? At HousingWire Annual 2023, attendees will get the inside scoop on the strategies that operational leaders, like Sarah Gonzalez, rely on to grow their businesses in any market.

Staging 351

Staging New Construction Lending Mortgages 351

Real Estate News

JUNE 8, 2023

The 30-year fixed-rate mortgage averaged 6.71% this week, the first drop in nearly a month.

Fixed-rate mortgage 292

Fixed-rate mortgage Mortgages 292

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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.

Agents

Housing Wire

JUNE 8, 2023

Home equity levels have been on the decline over the last year, new data shows. Homeowners with mortgage loans saw their home equity levels decline by an average of 0.7% between the Q1 2022 and Q1 2023, the first decline recorded since early 2012, according to CoreLogic ’s Homeowner Equity Report (HER). Homes with mortgages account for roughly 63% of all U.S. properties.

Equity 344

Equity Mortgages Loans Closing 344

Real Estate News

JUNE 8, 2023

An enhanced, feature-rich Appointment Center offers several new efficiency-oriented tools for agent users.

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Agents 231

Keeping Current Matters

JUNE 8, 2023

When you look at the numbers today, the one thing that stands out is the strength of this housing market.

Marketing 218

Marketing 218

Inman

JUNE 8, 2023

This diverse group of successful real estate agents and brokers from across the U.S. and Canada will be sharing real-time knowledge from the best and brightest from the stage, dishing highlights, and relaying the action straight from the front row of sessions and masterminds.

Staging 148

Staging Agents Brokerage Technology 148

RIS Media

JUNE 8, 2023

Despite the fluctuating housing market this past year, confidence levels remain high with 44% of potential homebuyers, up 12% from the previous year, indicating they are confident they’ll be financially ready to purchase in the coming year, according to a new report from Chase. Chase’s First-Time Homebuyer Study is based on the responses of 1,900… The post First-Time Homebuyers Still View Homeownership as Important appeared first on RISMedia.

Marketing 132

Marketing As-is Lending Industrial 132

Inman

JUNE 8, 2023

Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform.

Agents 156

Agents Technology Mortgages Brokerage 156

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.

Loans

Brownstoner

JUNE 8, 2023

The Brooklyn calendar is full this year for a Juneteenth with a celebratory mix of events that offer summer enjoyment along with some food for thought. The Juneteenth holiday commemorates the day when news of Lincoln’s 1863 Emancipation Proclamation finally reached the enslaved people of Galveston, Texas, on June 19,… Read More > The post Celebrate a Brooklyn Juneteenth With Food, Music, and Events Around the Borough appeared first on Brownstoner.

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Inman

JUNE 8, 2023

No matter how many years of real estate experience you have, thoughtfully embracing and leveraging media coverage can be a highly impactful way to amplify your brand, expand your business and gain new clients.

Branding 140

Branding Brokerage Marketing Agents 140

GeekEstate

JUNE 8, 2023

In this week’s interview, we’re bringing you Ryan Letzeiser from the landlord-focused insuretech, Obie. Fresh off a $25 million Series B raise , Obie is working to change the way insurance is bought and sold by offering instantly bindable quotes through an embedded distribution strategy. Without further ado, here’s a short Q&A we conducted via email: What has Obie’s fundraising journey looked like, in terms of rounds, and how much you’ve raised?

Due diligence 117

Due diligence Investor As-is Industrial 117

Inman

JUNE 8, 2023

While Zillow remains centered on consumer search and lead generation, offspring ShowingTime+ is becoming the "super app" the industry giant promised, according to the company.

Marketing 139

Marketing Industrial Technology 139

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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.

Sales

Eye on Housing

JUNE 8, 2023

Solid nominal wage gains (unadjusted for inflation) combined with lower mortgage rates and home prices helped to boost housing affordability in the first quarter of 2023, but ongoing building material supply chain issues and expected cooling of wage growth signal ongoing concerns for affordability conditions in the year ahead. According to the NAHB/Wells Fargo Housing Opportunity Index (HOI), 45.6% of.

Mortgages 115

Mortgages 115

Inman

JUNE 8, 2023

Implemented in April on properties over $5 million, the ULA Tax was intended to bring in an average of $56 million in revenue per month to the city of L.A. During its first month, it brought in just $3.6 million.

Development 135

Development Agents 135

Brownstoner

JUNE 8, 2023

In the News Mayor Adams and the Brooklyn Apartment He Just Can’t Quit [NYT] Large Swaths of North America Are Shrouded Under Unhealthy Air [NYT] Roadblocks and Red Tape: New York’s Cannabis Effort at a Crossroads [NYT] East Flatbush Branch of Brooklyn Public Library Reopens [News12] Low Income Brooklyn Homeowners Deprived of Lawyers: Lawsuit [Gothamist] How… Read More > The post Daily Links: Courts Deny Lawyers to Low-Income Brooklyn Homeowners in Foreclosure, Suit Alleges appeared fir

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Inman

JUNE 8, 2023

Harnessing the power of AI in your marketing plan doesn't mean you're abdicating control, writes Chris Pollinger. Instead, it means you're arming yourself with a powerful ally that can help you navigate the complex world of real estate marketing with more clarity, precision, and insight.

Marketing 135

Marketing Technology Agents 135

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.

Agents

Bigger Pockets

JUNE 8, 2023

Home sales have been falling fast since interest rates rose last year. After a spree of house shopping and record-low mortgage rates, homeowners sit comfortably in 2023.

Sales 106

Sales Marketing Mortgages 106

Inman

JUNE 8, 2023

Does "full-service real estate" really mean anything, or is it just something brokerages say to charge higher fees? Teresa Boardman looks at the service-shortfalls of so-called full-service brokerages and teams.

Brokerage 127

Brokerage Agents 127

Brownstoner

JUNE 8, 2023

Got a project to propose for The Insider? Contact Cara at caramia447 [at] gmail [dot] com Amid banal, rundown older homes and newer McMansions in Flushing, Queens, this newly renovated early 20th century house stands out as an exemplar of clean-lined modernism. A retiree who had raised his family in the house was… Read More > The post The Insider: Vintage Queens House Gets Style and Function Upgrades in Gut Reno appeared first on Brownstoner.

Renovation 103

Renovation 103

Inman

JUNE 8, 2023

Happy Grasshopper, a content marketing solution, is adding gift-giving to its services thanks to a partnership with Maryland-based Marigold & Grey, a full-service artisan gifting company.

Closing 123

Closing Marketing Technology Agents 123

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.

Agents

RIS Media

JUNE 8, 2023

New research by industry tech strategist Mike DelPrete released this week reported that United Real Estate (United) pays its agents 96% of total gross commission earned—more than any other national residential brokerage. According to the company, the residential brokerage is able to do so while also delivering a full complement of agent productivity tools, lead-generation,… The post Independent Research Shows United Real Estate Pays More Than Any Other National Brokerage appeared first on

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Brokerage Residential Agents Industrial 103

Inman

JUNE 8, 2023

Mastering the art of delegation is a critical skill for leaders ascending the ranks in the real estate industry, writes The Agency's Rainy Hake Austin.

Industrial 130

Industrial Brokerage Agents 130

RIS Media

JUNE 8, 2023

Any tools that help real estate agents free up time to focus on client relationships is usually a win-win. Enter Artificial Intelligence, or AI, into the chat. With AI-powered tools like ChatGPT, agents can automate their email marketing, quickly write property listing descriptions, create housing market forecasts and much more. Although AI has long been… The post AI-Powered Real Estate Marketing Is Here to Stay.

Marketing 103

Marketing Agents MLS Technology 103

Inman

JUNE 8, 2023

Great agents do daily what good agents do occasionally. Let Jimmy Burgess walk you through 21 best marketing practices to grow your business.

Agents 132

Agents Marketing Brokerage 132

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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.

Agents

RIS Media

JUNE 8, 2023

After three weeks of hikes, mortgage rates did an about-face this week. According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, the 30-year fixed-rate mortgage (FRM) averaged 6.71% this week, down from 6.79% the previous week. This week’s numbers: 30-year fixed-rate mortgage averaged 6.71% as of June 8, 2023, down from last… The post Mortgage Rates Decline After a Three-Week Ascent appeared first on RISMedia.

Fixed-rate mortgage 102

Fixed-rate mortgage Mortgages Marketing Industrial 102

Inman

JUNE 8, 2023

Everything’s coming up roses in the design world, with many interior tastemakers leaning into corals, reds and berries to reflect their emphasis on bold colors inspired by nature.

Design 120

Design Agents Marketing 120

Brownstoner

JUNE 8, 2023

This Carroll Gardens brownstone on an extra large lot with three exposures is move-in ready — and it includes a generous rent roll. Located at 448 Clinton Street, the 22-foot-wide, five-story house contains an abundance of antique architectural detail. The owner's triplex includes a classic front parlor with wood-burning fireplace and… Read More > The post Carroll Gardens Brownstone With Marble Mantels, Horse Walk, Encaustic Tile Asks $5.95 Million appeared first on Brownstoner.

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Inman

JUNE 8, 2023

The typical U.S. homeowner with a mortgage lost about $5,400 in equity in the first quarter of 2023 compared to a year earlier, CoreLogic said.

Equity 125

Equity Mortgages 125

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.

Sales