Housing Wire

JANUARY 12, 2023

Today’s inflation data has shown that the peak growth rate of inflation is behind us. This should also mean mortgage rates hit their highs. The key phrase I have stressed since I wrote about the case for mortgage rates to go lower on Oct. 27 is thinking 12 months out. The trend is your friend, and the month-to-month data has cooled off noticeably. That cooling happened even with the biggest inflation component — shelter inflation — still rising in the lagged modeled CPI data.

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Mortgages Staging Land As-is 530

Keeping Current Matters

JANUARY 12, 2023

During the pandemic, second homes became popular because of the rise in work-from-home flexibility.

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Marketing 192

Housing Wire

JANUARY 12, 2023

Mortgage industry watchers have started 2023 with optimism regarding the possibility of mortgage rates returning to the 5% range this year – but not without a dose of volatility on the way. “The mortgage market began 2023 on a positive note, with a decline in mortgage rates leading to an uptick in refinance applications. Purchase activity was down again on a weekly and annual basis,” Bob Broeksmit, Mortgage Bankers Association (MBA) president and CEO, said in a statement.

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Industrial Mortgages Fixed-rate mortgage Investor 487

Inman

JANUARY 12, 2023

The founder and CEO of Tom Ford International bought the property after agreeing to sell his fashion label to Estée Lauder back in November, according to new reports.

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Housing Wire

JANUARY 12, 2023

The refi boom is in our rearview mirrors and the road ahead looks promising for home equity volume. Who knows how high that volume could go, considering tappable equity is at a historic high of $11 trillion and total home equity at a record $27.8 trillion. Black Knight’s report of a $1.2 trillion spike in tappable home equity in the first quarter of 2022 was a stunner, especially as it topped off a 12-month period that saw a 34% collective gain among mortgage holders.

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Equity Title Technology Inspection 375

Inman

JANUARY 12, 2023

Zillow named this North Carolina city as its hottest market of the year, continuing the trend of cities with relatively warm climates taking the top spot, following Tampa in 2022 and Austin in 2021.

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Marketing 146

Inman

JANUARY 12, 2023

The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and their financing, according to new data from the U.S. Bureau of Labor Statistics.

Finance 145

Finance Marketing 145

Housing Wire

JANUARY 12, 2023

Everyone in the mortgage and real estate industry is well aware of the shift in the market we experienced in 2022. Most, if not all, would describe the first half of 2022 and the last half of 2022 being two vastly different markets. . In the first half, there was record low inventory and high buyer demand due to low interest rates. This was quickly followed by hikes in the interest rates and a slowdown in the market in the last half.

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Marketing Industrial Mortgages Closing 336

Inman

JANUARY 12, 2023

While the 4.8 percent growth was still above historical norms, it’s the smallest increase since June 2021. Median asking rent in the nation’s 50 largest markets climbed to $1,979 last month.

Marketing 143

Marketing 143

Housing Wire

JANUARY 12, 2023

Consumer prices continued to climb, but at a slower pace in December, marking the sixth straight month of cooling inflation numbers. A slowdown in the pace of inflation is welcome news after the Federal Reserve raised interest rates to the highest level in over a decade. The Consumer Price Index (CPI) rose by 6.5% in December compared to one year ago.

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MLS Land Mortgages As-is 336

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

Inman

JANUARY 12, 2023

Real estate leaders are pessimistic about the state of the economy, but nevertheless upbeat about their ability to take share in a chaotic market, according to a new survey from Delta Media Group.

Brokerage 142

Brokerage Marketing Mortgages Agents 142

Housing Wire

JANUARY 12, 2023

Get ready for Gathering of Eagles 2023. It is a new year filled with new opportunities and that is why the theme of this year’s conference is ‘Forging Opportunities.’. You and your teams have worked tirelessly through 2022 and into the new year. Even in a down market, you are finding opportunities for success and development as a housing industry professional.

Industrial 317

Industrial Development As-is Marketing 317

Inman

JANUARY 12, 2023

The new feature, prepared through a partnership between the brokerage and Wattbuy, will display an estimate of the homes' monthly electricity bills and seasonal changes in pricing.

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Brokerage 139

Housing Wire

JANUARY 12, 2023

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Dubbed the Developer Portal, clients can use Black Knight’s APIs to rapidly embed additional functionality within their applications, the company said in an announcement about the rollout.

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Mortgages Technology Loans Development 310

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Inman

JANUARY 12, 2023

With its inaugural Power Players list, Inman recognized more than 120 industry leaders for their influence and ingenuity as it kicks off a year of expanded awards.

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Industrial MLS Brokerage Technology 148

NAR: Economic Outlook

JANUARY 12, 2023

Instant Reaction: Inflation, January 12, 2023. The latest consumer price inflation of 6.45% in December is in the sixth consecutive month of deceleration after peak inflation of 9.1% in June 2022. By: . Lawrence Yun.

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Inman

JANUARY 12, 2023

The culture at your brokerage is key to retaining your team during this downturn. Livian CEO Adam Hergenrother says leadership needs to focus on production tools, not snacks and outings.

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Brokerage Agents Marketing 141

NAR: Economic Outlook

JANUARY 12, 2023

Instant Reaction: Mortgage Rates, January 12, 2023. The average rate on a 30-year fixed mortgage fell to 6.33% from 6.48% the previous week. By: . Nadia Evangelou. Mortgage Financing.

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Mortgages Finance 136

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

Inman

JANUARY 12, 2023

A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching.

Technology 151

Technology Marketing 151

Better Dwelling

JANUARY 12, 2023

Canada’s real estate market got a big boost from overleveraged borrowers, according to its bank regulator. OSFI data shows the share of mortgage borrowers that are overleveraged remains high. Overleveraged borrowers, those with a loan to income ratio of 450% or higher, have begun to taper with higher rates, but still represented 1 in 3 […]. The post Nearly 1 in 3 Canadian Mortgages Are Still Going To Overleveraged Borrowers appeared first on Better Dwelling.

Mortgages 122

Mortgages Banks Loans Marketing 122

Inman

JANUARY 12, 2023

For years, real estate professionals have looked to millennials to push the housing market forward as previous generations slow their homebuying and homeselling activities. However, several obstacles — overwhelming student loan debt, stagnant wage growth and skyrocketing home prices — have stifled millennials' homeownership dreams and turned them into what Redfin CEO Glenn Kelman calls "the roommate generation.".

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Loans Marketing Mortgages 132

Sotheby's International Real Estate

JANUARY 12, 2023

List Sotheby’s International Realty, Japan. A massage on a white sand beach beneath a luminous afternoon sun. A yoga class overlooking a jungle on a misty morning, as the sun rises. A meditation session surrounded by warm, aromatic candles amid the silence of a moonlit mountain. The demand and desire for such restorative, rejuvenating retreats has reached an all-time high, and it is quickly driving the nearly trillion-dollar wellness tourism industry.

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Industrial As-is 111

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

Inman

JANUARY 12, 2023

This week, Byron Lazine and Nicole White are talking about the lagging growth at eXp, rising consumer confidence and the weekly media review Left, Middle, Right.

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Marketing Brokerage Agents 138

Eye on Housing

JANUARY 12, 2023

Consumer prices in December saw the largest month-over-month decrease since April 2020. While still elevated, inflation experienced the third month below an 8% annual growth rate since February 2022. Moreover, this was the sixth consecutive month of a deceleration. However, the shelter index (housing inflation) continued to rise at an accelerated pace and was the largest contributor to the total.

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Inman

JANUARY 12, 2023

Barry Jenkins, Better Homes and Gardens Native American Group chief marketing officer, sat down with Inman ahead of his appearance at Inman Connect New York.

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Agents Marketing 135

Realtor.com

JANUARY 12, 2023

Photos by @dennisvonnazareth/ @bessadesign / @kroniki via Instagram In this season of new beginnings, there’s nothing quite as refreshing as a decor makeover. And what better room to focus on than the living room? It’s one of the few spaces in your home that can be renewed by subbing in a few stylish products for those worn-out accessories you’re tired of staring at.

Design 100

Design As-is Marketing 100

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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

Inman

JANUARY 12, 2023

Carter Jonas, a firm founded in 1855 with 34 offices throughout the country, will now become Christie's exclusive affiliate in the United Kingdom.

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Brokerage 130

Realtor.com

JANUARY 12, 2023

Gladiathor/iStock This repeating V or W pattern, often used for tiles on walls and floors, is inspired by the bone structure of the herring fish (hence its name). It’s also a popular decor trend today that can be traced back to Roman and Egyptian architecture. “[It’s] the way ancient Romans set stones for paving thoroughfares, and the way they set stones for buildings and roof lines,” explains interior designer Debra Funt of Debra Funt Interiors in Scarsdale, NY. “I

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Design As-is Industrial Closing 98

Inman

JANUARY 12, 2023

When your clients are seeing doom-and-gloom headlines, it's important to be able to crunch the numbers and give them the facts.

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Marketing Agents 137

Realtor.com

JANUARY 12, 2023

pupess/iStock Maybe you’ve been inspired by those “Sold” signs in your neighborhood; maybe you’re just ready for a change of scenery. Whatever the case, a great way to get an idea of how much your home is worth is to look at the recent sale prices of other homes in your neighborhood. Comps can help you figure it out. By identifying the sale prices of similar properties in your area, known as “comparables” (or comps ), you can come up with a realistic asking p

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Sales Agents Marketing As-is 98

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