Broke Agent Media
MAY 30, 2023
BAM Key Details: Women make up 54% of luxury homeowners under the age of 35, according to a report from Luxury Portfolio International. The study also suggests that the younger generation is purchasing luxury properties earlier in their lives when compared to previous generations. Women are once again setting the trend in homeownership —this time, in the luxury market.
Housing Wire
MAY 30, 2023
A duo of bipartisan U.S. House of Representatives lawmakers introduced a bill earlier this year that is designed to increase the supply of available homes on the market. And in order to bring more attention to the issue, the lawmakers recently made a public push about what the bill would do if passed. The “More Homes on the Market Act,” unveiled in March by Reps.
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Real Estate News
MAY 30, 2023
While sluggish year-over-year, appreciation picked up between February and March, especially in West Coast cities, according to the Case-Shiller Index.
Housing Wire
MAY 30, 2023
Low housing inventory and still-strong demand kept prices high in March, according to the latest according to the S&P CoreLogic Case-Shiller National Home Price Index , released Tuesday. The annual growth rate in March 2023 was up 0.7%. On a month-over-month basis, the index was up 1.3% before seasonal adjustment. This was the second month-over-month increase following seven consecutive month-over-month decreases.
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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.
Keeping Current Matters
MAY 30, 2023
Comparing real estate metrics from one year to another can be challenging in a normal housing market.
Housing Wire
MAY 30, 2023
Swiss bank UBS Group AG plans to wind down a business in its US mortgage unit that focuses on “to-be-announced” (TBA) trading, Bloomberg reported late last week. The decision is part of UBS’s strategy to focus more on financing mortgage originators , the outlet said, citing an anonymous source discussing non-public information who asked not to be identified.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 30, 2023
Artificial intelligence (AI) is a buzzword in virtually every industry right now. And, in the mortgage industry, AI will play an instrumental role in helping loan officers to be more efficient, according to Nima Ghamsari , Blend ‘s co-founder and CEO. “Some of these borrowers have hundreds of products that they can choose from. How is an LO supposed to keep that in their head?
Inman
MAY 30, 2023
Find a niche, start small and think local, writes Inman contributor Michael Zaransky, the founder and managing principal of MZ Capital Partners.
Housing Wire
MAY 30, 2023
The Federal Housing Finance Agency (FHFA) issued on Tuesday a request for input (RFI) regarding protections for tenants at multifamily housing properties backed by mortgages from Fannie Mae and Freddie Mac. In particular, the FHFA wants to “solicit public input on issues faced by tenants in multifamily properties, and on any opportunities and potential impacts associated with requiring or encouraging specific tenant protections at multifamily properties backed by [the GSEs],” the RFI states.
Inman
MAY 30, 2023
Ahead of her appearance at Inman Connect Las Vegas, media strategist Shannon McKinstrie shares how agents can tap into social media as a lead generator without falling into a time-suck.
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.
Bigger Pockets
MAY 30, 2023
Who knew living for free could be as simple as house hacking and renting rooms out to a few college friends?
Inman
MAY 30, 2023
U.S. home prices rose 0.7 percent in March, notching a second-straight month of upticks while suggesting declines that began in 2022 may be winding down, according to data from CoreLogic and the FHFA.
RIS Media
MAY 30, 2023
Despite ongoing affordability challenges and economic volatility, single-family home price tags continued to rise in March—albeit modestly—as limited for-sale inventory helped add some upward pressure. According to the latest S&P Case-Shiller Index, home prices increased 0.7% annually, down from 2.1% in the previous month. This marks the second month of increases in a row.
Inman
MAY 30, 2023
Secure payment processor Payload will deploy its APIs to facilitate faster, more secure payments for customers of Brokerage Engine, according to an announcement exclusively sent to Inman.
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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
MAY 30, 2023
After seven consecutive months of decline, home prices climbed for a second straight month in March as low inventory levels persist. Locally, five metro areas, reported by S&P Dow Jones Indices, experienced negative home price appreciation in March. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth.
Inman
MAY 30, 2023
Focusing exclusively on monthly payments can mean borrowers lose sight of the advantages, and drawbacks, of various loan products. Trainer Bernice Ross looks at some alternatives to the 30-year fixed rate mortgage.
Lighter Side of Real Estate
MAY 30, 2023
Technology has changed so much since the 80’s! While we may not have flying cars, or live on the Moon or Mars quite yet, a lot of our world would look and sound like a sci-fi novel to people just a few decades ago. They probably couldn’t have even imagined the basic things buyers, sellers, and agents see in the process of buying and selling real estate!
Inman
MAY 30, 2023
For investors who provide the funding for most U.S. mortgages, the debt ceiling crisis won't be over until Congress actually votes to approve the deal negotiated over the weekend.
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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.
Brownstoner
MAY 30, 2023
This week, a look back at four of our featured listings from six months ago focuses on homes in Windsor Terrace, Fort Greene, Flatbush, and Prospect Lefferts Gardens. How did they fare? With high ceilings and elegant moldings, this Windsor Terrace two-bedroom could be a head turner with a little sprucing.… Read More > The post Brooklyn Listings Six Months Later: One Sold, One in Contract, One Still Available, One off the Market appeared first on Brownstoner.
Inman
MAY 30, 2023
If the parties don't settle, expect a lengthy trial for the Moehrl homesellers' case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America.
Brownstoner
MAY 30, 2023
In the News More Teenagers Are Coming to School High, NYC Teachers Say [NYT] Brooklyn Banks, Famous Among Skaters, Reopened [NYT] NYPD Needs Help Identifying Cyclist Hit in Sheepshead Bay [News12] Teen Locked in Vault While Exploring Vacant Brooklyn Spice Factory [NBC] A Glimpse of (Bathroom) Hell in Prospect Park Heaven [Hell Gate] Sunset Park Landlord… Read More > The post Daily Links: Recent Supreme Court Decision Could Nix NYC’s Third Party Transfer Program appeared first on
Inman
MAY 30, 2023
Should you jump on the bandwagon or leave self-storage to institutional investors? Here's what to consider before investing in a storage facility, according to SparkRental co-founder G. Brian Davis.
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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.
Brownstoner
MAY 30, 2023
Employees at the Barnes & Noble bookstore in Park Slope are looking to unionize, making them the second New York City branch of the book emporium to organize, they announced Thursday. Roughly 30 workers at the 7th Avenue store near 6th Street have already signed authorization cards in order to join… Read More > The post Employees at Park Slope Barnes & Noble to Unionize appeared first on Brownstoner.
Inman
MAY 30, 2023
Now Streaming! Discover the transformative power of reframing your mindset with a new outlook, and gain the upper hand in conquering challenges with Bill Storm's Inman Access class.
RIS Media
MAY 30, 2023
Fathom Realty has announced its recruitment of five new District Directors across the U.S. as part of an overall brand expansion strategy. The company describes these District Directors as “valuable assets.” The new recruits are as follows: Cindy Malmquist District: Northern Indiana Malmquist is an Indiana native with over two decades of experience in the… The post Fathom Recruits Leaders in Five Regions appeared first on RISMedia.
Inman
MAY 30, 2023
In addition to Mosaik and Roomvu, Plunk is also providing actionable market data to DropOffer, Calque and SphereBuilder, according to a company announcement.
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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.
RIS Media
MAY 30, 2023
Buying a new home—especially for your first-time clients—is a roller coaster of emotions. The highs of touring houses and picturing their lives in their new home is followed by the white-knuckle ride to submit a winning offer. Then, the worst part—the anxiety that builds during the seemingly endless wait for loan approval. That’s why Guaranteed… The post Cracking the Competitive-Market Code: Guaranteed Rate’s ‘Same Day Mortgage’ Passes $2 Billion in Loans Within Months of Launching appeare
Mandrona Group
MAY 30, 2023
Have you been browsing homes online, dreaming about the day when you can finally have a place you can call.
Agent Fire
MAY 30, 2023
Luxury real estate marketing has its own unique challenges. These tips will give you the tools to attract affluent clients and sell impressive high-end properties.
Real Trends
MAY 30, 2023
While the Sun Belt has been the hottest target of the residential real estate community due to its rapid population growth during the pandemic, the dynamic is starting to shift to the Eastern Seaboard. According to the National Association of Realtors , more than half of the hottest markets in the U.S. are located on the East Coast – including the Northeast.
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