Eye on Housing
FEBRUARY 24, 2023
Declining mortgage rates and home prices in January, coupled with home builders use of sales incentives, helped boost new home sales last month. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau estimated sales of newly built, single-family homes in January at a 670,000 seasonally adjusted annual pace, which is a 7.2% increase over upwardly revised.
Housing Wire
FEBRUARY 24, 2023
New home sales started off 2023 on a positive note, rising 7.2% from December to a seasonally adjusted annual pace of 670,000 homes, according to data published by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. This marks the second consecutive month of increases and the strongest sales pace since March 2022.
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Real Estate News
FEBRUARY 24, 2023
The residential real estate industry has seen epic growth from the days when home computing was new, and the top brokerage did $2.2 billion in annual sales.
Housing Wire
FEBRUARY 24, 2023
Mortgage delinquencies were down across the board in January, with the overall national delinquency rate declining to 3.38%, a drop of 10 basis points from December, according to Black Knight ’s month-end mortgage performance statistics. National delinquency in January declined 15.1% compared to the same period last year. The number of borrowers 30-days late decreased by 46,000, or 4.8%, from the previous month, while serious delinquencies – which refer to 90-plus days past due – improved again,
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Real Estate News
FEBRUARY 24, 2023
A new Redfin report found the total value of U.S. homes has dropped $2.3 trillion since June 2022, with the biggest declines in the San Francisco Bay Area.
Housing Wire
FEBRUARY 24, 2023
The Federal Housing Finance Agency (FHFA) has delayed implementing a rule that would have required Fannie Mae and Freddie Mac to obtain approval from the regulator before implementing new products or services. The rule, issued on Dec. 20, was previously slated to go into effect on Monday, Feb. 27, but has been postponed to April 28, the FHFA said Friday morning.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 24, 2023
It is crunch time in the housing industry. Sadly, for some organizations, that means there have been job losses and cutbacks that leave some former employees wondering, “What’s next?” Whether you’ve been affected by industry layoffs or you’re future-proofing your career, applying for new positions and interviewing can be daunting. Certain careers, like underwriting , come with a very niche set of skills that — on the surface — don’t translate to many other positions.
Real Estate News
FEBRUARY 24, 2023
Volunteering Works and the Good Neighbor Awards recognize real estate agents who donate their time and skills to community organizations.
Housing Wire
FEBRUARY 24, 2023
Housing sector leaders acknowledge that some borrowers are still struggling to pay their mortgages after being hit by layoffs and other issues caused by the Covid-19 pandemic. In addition, many borrowers’ financials have since been further impacted by events such as natural disasters, rising inflation or job loss. That’s why industry leaders are working on new solutions to the loss mitigation toolkit, including successors for the Covid-19 partial claim options.
Inman
FEBRUARY 24, 2023
Unchecked and unregulated AI has the potential to blur the lines of authorship and ownership, at the very least. Perhaps the less obvious reason to proceed with caution is ownership of your voice and not abdicating your unique expertise and value to a bot.
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.
Housing Wire
FEBRUARY 24, 2023
Have you heard this phrase before — “perfect is the enemy of good”? Or “perfect is the enemy of done”? I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. The recent Appraisal Subcommittee (ASC) hearing and the premiere of “Our America: Lowballed” hosted by the Brookings Institution delved deep into the numerous concer
Inman
FEBRUARY 24, 2023
ChatGPT is poised to become a truly disruptive technology — if you know how to use it. As she wraps up this three-part series, Bernice Ross talks with Jeff Lobb about specific content marketing use cases for ChatGPT.
Housing Wire
FEBRUARY 24, 2023
10 years ago, HousingWire kicked off the first ever Rising Stars award and since then, the program has been showcasing massive talent in housing year after year. The award recognizes leaders and young talent who are moving markets forward through a variety of roles in the housing economy. And this year, HW Rising Stars is combining forces with the RT Emerging Leaders award to recognize leaders 40 years and under in all categories of house — including real estate.
Inman
FEBRUARY 24, 2023
A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau.
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Sotheby's International Real Estate
FEBRUARY 24, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. London, England | United Kingdom Sotheby’s International Realty Aria House offers arguably one of London’s finest views. Hot property: five riverside homes for sale in London – Financial Times Once Asking $120 Million, Los Angeles Estate Sells for $52 Million – The Wall Street Journal These 7 Epic Home Spas Let You Relax in Your Own Private Sanctuary – Robb Report This Utah Fam
Inman
FEBRUARY 24, 2023
No matter what the market's doing, the way you show up is the biggest factor in determining your outcomes. Jimmy Burgess talks with Gino Blefari, CEO, HomeServices of America and Chairman, Berkshire Hathaway HomeServices, about where we've been, where we are and where we're going next as individuals and as an industry.
Realtors Property Resource
FEBRUARY 24, 2023
REALTORS® often ask: “What can RPR do for me”? Here’s a list of fifty ways RPR can help you elevate your skills and your business. The post 50 Ways REALTORS® are Using RPR in Their Real Estate Business appeared first on Realtors Property Resource (RPR).
Inman
FEBRUARY 24, 2023
Murdoch, the News Corp founder and business magnate, has signed a contract to buy the entire 27th floor of the Hampshire House in Manhattan. It's only his latest purchase in recent years.
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.
BubbleInfo
FEBRUARY 24, 2023
We have an unusual obsession with home pricing – I say unusual because nobody cares that our measuring devices are deeply flawed and regularly give the wrong impression. With the stakes being so high, you’d think homebuyers would investigate thoroughly – but everyone just wants to grab and go!
Inman
FEBRUARY 24, 2023
Trying to figure out how to use AI without creating generic-sounding content? Social media expert Michelle Berman-Mikel shares three ways that you can use ChatGPT for Instagram without automating yourself out of personal connections.
Maximum Exposure Real Estate
FEBRUARY 24, 2023
How to Sell a House For Cash? Do you want to sell a house for cash? Are you looking for a real estate investor to buy your home for cash? Many homeowners in a challenging financial position will search online for how to find a buyer who’ll pay cash. They will head to Google and […] The post Selling My House For Cash: What to Know appeared first on Maximum Real Estate Exposure.
Inman
FEBRUARY 24, 2023
The campaign's core message this year is "here for it all" with the aim of showing how the nation's more than 1.5 million Realtors work to make the dream of property ownership a reality.
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.
Maximum Exposure Real Estate
FEBRUARY 24, 2023
The Guide to A PO Box With USPS Are you looking to find out how to get a PO box? Do you want to know how much a PO box costs? There are many reasons why you might need a USPS PO box. It will give you a consistent address through your home moving process […] The post Steps For Getting a PO Box With USPS appeared first on Maximum Real Estate Exposure.
Inman
FEBRUARY 24, 2023
The bank says it has racked up $353 million in severance expenses as it closes branches and pursues a "more focused home lending business.
Broke Agent Media
FEBRUARY 24, 2023
BAM Key Details: Between 2021 and 2022, there was a 9% increase in lawsuits filed against real estate professionals, according to Zach Vollmer, senior vice president of real estate at Victor Insurance Managers Inc. Vollmer believes more lawsuits are coming in 2023 due to decreasing home prices leaving buyers and sellers unhappy about their transactions.
Inman
FEBRUARY 24, 2023
The branding campaign intends to provide RE/MAX's wide network with a fresh, new look. It will gradually roll out through 2023, according to the company.
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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
FEBRUARY 24, 2023
Painting your interior walls is a great way to freshen up your living space, whether you're preparing to buy or sell, rent a space out , or simply looking to change up your home's style. If you're planning on painting your walls, there are a few tips that can help you achieve a professional-looking finish without spending your hard-earned money on professional painters.
Inman
FEBRUARY 24, 2023
The real estate brokerage CEO and his wife, Core Chief Operating Officer Brittley Wise, have bought a former working farm that dates back to 1893 for $3.
The Close
FEBRUARY 24, 2023
Ah, the home inspection. That part of the homebuying process that causes sleepless nights for buyer’s agents. Why? Because the home inspection can make or break a real estate transaction. If you’ve ever lost a deal thanks to a home inspection, you know the heartbreak. As we all get ready for real estate’s busiest season, it’s a great time to make sure you understand all the parts of the home inspection process so that you’re better prepared to help educate your buyers and sellers.
Inman
FEBRUARY 24, 2023
OJO founder and CEO John Berkowitz shares what a Chinese translation of "crisis" means for his company and what impact artificial intelligence might have on real estate.
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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