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
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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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
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.
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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
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?
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
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
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.
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
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.
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.
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
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
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
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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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.
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
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.
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
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.
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.
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.
BubbleInfo
MAY 30, 2023
Our YoY change is more negative this month because in early-2022 it was flying – the local Case-Shiller Index went up 11% between January and April last year!
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.
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.
Realty Biz
MAY 30, 2023
In the fast-paced and competitive realm of real estate, successful professionals require more than just traditional marketing strategies. To thrive in this industry, a tactical understanding of every tool in the digital marketing arsenal is needed. One such tool is remarketing. Over the last decade, real estate remarketing has evolved into an incredibly effective method of converting prospects into leads and, subsequently, clients.
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.
Realty Biz
MAY 30, 2023
The concept of smart homes has made tremendous strides since its inception, evolving from a futuristic concept into a mainstream reality for many households worldwide. The phrase "smart home" refers to a residence equipped with devices and systems that automate tasks normally handled by humans. These devices are controlled via internet-enabled devices like smartphones, smart speakers, or even AI-based virtual assistants.
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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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.
Realty Biz
MAY 30, 2023
Managing several commercial properties is not an easy feat. However, once you know a few tips and tricks, things get a lot easier. Therefore, today, we'll explore valuable tips and strategies that can help you streamline your property management process, keep tenants satisfied, and ultimately boost the performance of your investments. 1. Use Property Management Software When you manage multiple retail properties, office spaces, and/or industrial centers, things can get crowded and messy really f
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?
Realty Biz
MAY 30, 2023
The real estate market has been on a tear in recent years, with home prices rising at a record pace. However, there are signs that the market is starting to cool off. Interest rates are rising , and inventory is starting to increase. This is good news for buyers, especially those who are interested in fixer-uppers. This is because buying a fixer-upper house can be a good idea - under the right circumstances.
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.
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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