Seattle Times Real Estate
JUNE 20, 2023
Developers of affordable housing have been stymied since the pandemic by additional challenges, including higher costs for materials and labor, and stricter lending practices.
Housing Wire
JUNE 20, 2023
The U.S. single-family rental market is still strong, but the pace of rent increases has cooled significantly over the past year. The market is looking more like 2019 than the price spikes witnessed during the pandemic. U.S. single-family rent increases in May registered a 3.7% gain, compared to the 14.2% growth observed in the same month in 2022, according to Corelogic ’s Single-Family Rent Index (SFRI).
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Real Estate News
JUNE 20, 2023
Single-family housing starts hit an annualized rate of 997,000 in May, up significantly from earlier this spring but still down year-over-year.
Housing Wire
JUNE 20, 2023
Housing starts are surging today and the builder’s confidence data is now in expansion territory. Does this mean the housing recession is over? As I have said many times over the last few months, the builders are efficient sellers and they’re taking advantage of an existing home sales market that is suffering from low inventory and higher mortgage rates.
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Real Estate News
JUNE 20, 2023
The latest paint color analysis from Zillow finds that buyers are willing to pay more for a home with dark gray and earth-tone walls.
Housing Wire
JUNE 20, 2023
June is National Homeownership Month. It is a month when we celebrate the American Dream of homeownership and reflect on the current challenges that homeowners are facing today. The purchase of a home is one of life’s largest and most important investments, and it is critical that homeowners remain vigilant to protect this investment. During this National Homeownership Month in particular, homeowners should be wary of a new business practice preying upon vulnerable homeowners — non-title record
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 20, 2023
Homebuilders are responding to an increase in new home sales and an extremely low level of existing home inventory by getting a jump start on new projects. Privately-owned housing starts in May 2023 checked in at a seasonally adjusted annual rate of 1.63 million, about 22% above the revised April 2023 estimate of 1.34 million, according to the U.S. Census Bureau.
Inman
JUNE 20, 2023
Self-storage and real estate investments provide returns and benefits that traditional investments may not offer, making them an attractive option for investors looking to diversify their portfolio and generate steady income.
Housing Wire
JUNE 20, 2023
The U.S. single-family rental market is still strong, but the pace of rent increases has cooled significantly over the past year. The market is looking more like 2019 than the price spikes witnessed during the pandemic. U.S. single-family rent increases in May registered a 3.7% gain, compared to the 14.2% growth observed in the same month in 2022, according to Corelogic ’s Single-Family Rent Index (SFRI).
Inman
JUNE 20, 2023
Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data.
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.
Housing Wire
JUNE 20, 2023
North Carolina-based Truist Financial Corporation announced on Tuesday that seasoned mortgage executive David Smith will be the head of Truist Mortgage effective July 31. Smith will replace the soon-to-be-retired Todd Chamberlain, who will assist with the transition. Smith, whose experience includes leadership roles at companies such as Keller Williams and CitiMortgage , will oversee the strategy and execution of originations, fulfillment, servicing and warehouse lending.
Inman
JUNE 20, 2023
Home prices stayed roughly the same, but rents climbed higher. Researchers say the Dutch experiment undercut supply, though it's unclear exactly how it would play out in the U.S.
Housing Wire
JUNE 20, 2023
Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. New wholesale partners of Figure can leverage the company’s HELOC technology to broker loans directly, the company said announcing the launch on Tuesday. “With Figure’s built-in digital origination process, originators have a faster time to market with less upfront hassle, enabling them to ser
Inman
JUNE 20, 2023
Agents who use the new system can rapidly generate social media content, marketing visuals, property descriptions and other assets to boost market attention.
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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.
Housing Wire
JUNE 20, 2023
The U.S. Department of Housing and Urban Development (HUD) has over 50 proposed rules in the pipeline in its section of the federal government’s 2023 spring regulatory agenda, released last week by the White House. Most of the 51 entries dedicated to HUD are in the “proposed rule stage,” the second of five stages involved in the process prior to full implementation and actual regulatory authority.
Inman
JUNE 20, 2023
Unlock this featured Inman Access class to hear from Michelle Berman as she shares strategies to utilize Instagram to power up your engagement, create new connections and convert new leads
Brownstoner
JUNE 20, 2023
The historic secret aid society run by Black women that has a headquarters in the magnificent but dilapidated building at 87 MacDonough Street was granted a tax exemption today, according to New York City Council Member Justin Brannan. Brannan, chairman of the committee on finance, said in an email that the… Read More > The post Breaking: Secret Order of Tents Society Granted Tax Exemption, Protecting Historic Bed Stuy HQ appeared first on Brownstoner.
Inman
JUNE 20, 2023
New artificial intelligence technology can recommend real estate listings based on neighborhoods' ethnic makeup. Experts are worried about the tech's potential for discrimination.
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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.
Calculated Risk Real Estate
JUNE 20, 2023
Housing Starts Increased Sharply to 1.631 million Annual Rate in May From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,631,000. This is 21.7 percent above the revised April estimate of 1,340,000 and is 5.7 percent above the May 2022 rate of 1,543,000.
Inman
JUNE 20, 2023
David Smith will oversee Truist's direct, correspondent and warehouse mortgage channels as well as servicing for more than 1.2 million homeowners.
RIS Media
JUNE 20, 2023
In the world of real estate, competition can be fierce. Multiple buyers are not uncommon to be interested in the same property. When another offer has been accepted on a house you set your heart on, there is still hope in the form of a backup offer. A backup offer allows you to position yourself… The post The Pros and Cons of a Backup Offer on a House appeared first on RISMedia.
Inman
JUNE 20, 2023
Retirement may seem like a distant dream, but, according to CFP Jordan Curnutt, understanding the key age milestones can make all the difference.
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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.
RIS Media
JUNE 20, 2023
Despite significant doom and gloom in other macroeconomic areas, data on housing starts is providing a positive counterpoint, underscoring increased confidence around the near future of housing as buildings and developers push construction of new units to a 13-month high. A massive 21.7% increase from the previous month put new starts at a seasonally adjusted… The post Huge Surge in Housing Starts Defies Predictions appeared first on RISMedia.
Inman
JUNE 20, 2023
Moving technology and concierge company MoveEasy has rebranded as LiveEasy to accommodate new tools, better connectivity and its introduction to the rental market.
Bigger Pockets
JUNE 20, 2023
A house hack that covers all living expenses and allows you to travel the world!? Many people dream of making passive income from real estate, but only some take action.
Inman
JUNE 20, 2023
Consistently creating and posting your video content on social media helps you stand out and make an impact in your market.
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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.
Sotheby's International Real Estate
JUNE 20, 2023
According to local wine country lore, when Samuele Sebastiani immigrated to California from Tuscany, he set about creating a foundation for himself in the area—almost literally, given that his first trade was mining stone used to pave the streets of the fast-growing city of San Francisco. Within a decade, Samuele had purchased land in the rolling hills and valleys to the north, in Sonoma, and began making wine that he sold to area restaurants.
Bigger Pockets
JUNE 20, 2023
Commercial real estate has been teetering on the edge of crash territory for months now.
Eye on Housing
JUNE 20, 2023
Limited existing inventory combined with solid demand and improving supply chains helped push single-family starts to an 11-month high in May. This occurred despite elevated interest rates and ongoing challenges for housing affordability. Overall housing starts in May increased 21.7% to a seasonally adjusted annual rate of 1.63 million units, according to a report from the U.S.
Bigger Pockets
JUNE 20, 2023
Buying tax lien properties is a great strategy for real estate investors looking to diversity. We'll explain the ins and outs of tax lien investing.
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