Housing Wire

JUNE 9, 2023

Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. They went all in during COVID-19 in 2020, doubled down in 2021 as the forbearance crash bros but really bet the farm on a massive home-price crash in 2023 after the most significant home sales crash ever in 2022.

Mortgages 546

Mortgages Staging Sales Marketing 546

Real Estate News

JUNE 9, 2023

Leading economist Dr. Paul Bishop and respected broker J. Philip Faranda were honored by the National Association of Real Estate Editors at their annual event.

Industrial 264

Industrial 264

Housing Wire

JUNE 9, 2023

Five federal agencies, including the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve , the National Credit Union Administration (NCUA) and the Office of the Comptroller of the Currency (OCC), are collectively proposing new interagency guidance on the reconsiderations of value (ROVs) for residential real estate transactions.

Residential 396

Residential Banks 396

Real Estate News

JUNE 9, 2023

Two of the state's top providers will no longer accept new applications, setting a grim precedent and adding another challenge for buyers.

264

264

Advertisement

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.

Development

Housing Wire

JUNE 9, 2023

With mortgage rates still in the upper-mid 6% range, borrowers who received mortgages in May 2023 paid an average of $2,331 a month, up 20% from a year prior. That’s according to the latest origination data from mortgage tech firm Candor Technology. Per data from Candor’s underwriting engine, the average buyer in May 2023 received a loan worth about $364,094 at an average APR of 6.48%.

Mortgages 396

Mortgages Technology Loans Marketing 396

Real Estate News

JUNE 9, 2023

Renters in many markets can no longer afford to make the leap to homeownership, but an increase in build-to-rent inventory could help ease pressure.

Marketing 260

Marketing 260

Keeping Current Matters

JUNE 9, 2023

Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were 'unicorn' years.

Marketing 248

Marketing 248

Housing Wire

JUNE 9, 2023

I referenced in my last opinion piece in Housing Wire that the Urban Institute publishes a “ monthly chart book ” that is packed full of relevant data. This recent publication paints a clear picture as to why any Realtor or homebuilder should always include a nonbank lender in their referrals. Before I open myself up to attacks here, I am using macro data from Urban Institute and there are certainly some banks who serve a broader swath of the market.

Banks 367

Banks Debt-to-income ratio Lending Loans 367

Inman

JUNE 9, 2023

With the right products, your new luxury home can become a smart, convenient and energy-efficient living space, smart home expert Brandon Doyle writes.

New Construction 166

New Construction Design Construction Technology 166

HomeLight

JUNE 9, 2023

You’ve been browsing for a home when suddenly a particular listing catches your eye. It’s a lovely four-bedroom Colonial, beautifully presented in the heart of a mature neighborhood. But as your eyes scan the details of the listing, you come across a term that makes you pause: “Contingent.” So, what does contingent mean in real estate?

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

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.

Industrial

Inman

JUNE 9, 2023

In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects "some pain" and even consolidation, banks will weather the storm.

Commercial 158

Commercial Banks Lending Loans 158

RIS Media

JUNE 9, 2023

When searching the property listings for your next home, you might find some “coming soon” properties. If you are interested in a listing like this, what do you need to know about coming soon homes for sale? We look at the things you need to be aware of with coming soon real estate listings when… The post What Does ‘Coming Soon’ Mean in Real Estate?

Sales 135

Sales Industrial Agents 135

Inman

JUNE 9, 2023

When it comes to marketing trophy properties or getting past a plateau, Aaron Kirman and Damian Hall have a few secrets to success — and they are sharing their tips with Inman.

Agents 158

Agents Marketing 158

Bigger Pockets

JUNE 9, 2023

Yes, it's still possible to find these types of investments. You just have to look for it. Here's what happened.

Marketing 130

Marketing Commercial 130

Advertisement

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.

Brokerage

Inman

JUNE 9, 2023

Ark7 is an app that lets all levels of investor buy into rental property using a consumer-facing browser and mobile UX.

Investor 157

Investor Technology Agents 157

Bigger Pockets

JUNE 9, 2023

Don’t have enough funds for real estate deals? Today, there’s no excuse.

124

124

Inman

JUNE 9, 2023

The U.S. needs to not just build more new homes, but build more new homes that are affordable to most people, according to a new report from the National Association of Realtors and Realtor.com.

Agents 148

Agents Marketing 148

Eye on Housing

JUNE 9, 2023

Obtaining lots to build on remains a challenge for many of NAHB’s builders, although the shortages are not quite as widespread as they were in 2021. Responding to special questions on the May 2023 survey for the NAHB/Wells Fargo Housing Market Index, 42 percent of single-family builders characterized the supply of lots simply as low, and another 25 percent said.

Marketing 119

Marketing 119

Advertisement

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.

Agents

Inman

JUNE 9, 2023

You need more than pretty pictures in your social media feed, luxury marketing expert Laura Stace writes. Make sure you are educating potential clients with your content as well.

Marketing 148

Marketing Agents 148

Eye on Housing

JUNE 9, 2023

Consumer credit outstanding grew at a seasonal adjusted annual rate of 5.7% in April 2023 per the Federal Reserve’s latest G.19 Consumer Credit report, as revolving and nonrevolving debt grew at 13.1% and 3.2%, respectively (SAAR). Total consumer credit outstanding stands at $4.8 trillion (not seasonally adjusted), with $1.2 trillion in revolving debt and $3.6 trillion in non-revolving debt (NSA).

Lending 119

Lending Loans 119

Inman

JUNE 9, 2023

With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy.

Marketing 148

Marketing Mortgages 148

Sotheby's International Real Estate

JUNE 9, 2023

Sotheby’s International Realty is pleased to announce that for another consecutive year, it is the most represented real estate brand on the 2023 RealTrends’ The Thousand Individuals by Sales Volume list. Once again, Sotheby’s International Realty agents represented the majority of the Individuals by Sales Volume category, proving that more luxury agents choose to affiliate with the brand than any other competitor.

Sales 109

Sales Branding Agents 109

Advertisement

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.

Agents

Inman

JUNE 9, 2023

Amid rising gun violence, real estate agents are debating the continuation of door-knocking, a traditional practice. Opinions are split, as some advocate for caution, while others suggest it's time to halt the practice due to safety concerns.

Agents 148

Agents Marketing 148

Sotheby's International Real Estate

JUNE 9, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Austin, Texas | Kuper Sotheby’s International Realty If the lakefront home fetched its asking price, it would set a record for the state. A $50 Million Lake Austin Compound Could Become the Priciest Home in Texas – The Wall Street Journal André Leon Talley’s ‘Sanctuary’ in White Plains, N.Y., Is for Sale – The New York Times 7 Modern Farmhouses on the Market Right Now – Architectural Dige

Design 108

Design Sales Marketing 108

Inman

JUNE 9, 2023

The multifaceted software, built by the Atlanta-based company REAI, is designed to automate for agents a range of tasks that can often occupy hours of a standard work week, the company said.

Design 148

Design Agents Technology Marketing 148

RIS Media

JUNE 9, 2023

The state of luxury real estate has shifted in recent years to be more focused in the female and the well-educated demographics, according to a new report from Luxury Portfolio, a network of independently-run luxury real estate brokerages. Luxury Portfolio’s report is part of findings from their ongoing State of Luxury Real Estate research, which… The post Luxury Real Estate Dominated by Women and the Well-Educated appeared first on RISMedia.

Brokerage 106

Brokerage Industrial Agents Marketing 106

Advertisement

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.

Sales

Inman

JUNE 9, 2023

Despite instability, the priciest and most unique properties are still moving, Christie's Co-CEO Thad Wong and President Chris Lim told Inman during the brokerage's annual conference.

Brokerage 148

Brokerage Agents 148

RIS Media

JUNE 9, 2023

For REALTORS®, the business of residential real estate is almost always upbeat. It’s positive vibes only when guiding people who are buying or selling homes. Smiling is mandatory during interactions, as all agents want to make the journey result in a happy ending, with satisfied clients who will hopefully have long memories. For buyers and… The post Sale or No Sale: Nightmare Scenarios REALTORS® Must Avoid appeared first on RISMedia.

Sales 106

Sales Residential Agents As-is 106

Inman

JUNE 9, 2023

Wondering what you missed this week? Find out with Inman's Top 5 stories for the week of June 2-8, 2023.

Brokerage 148

Brokerage Industrial Agents 148

RIS Media

JUNE 9, 2023

Editor’s Note: RISMedia recently released its 2023 Top 1,000 Power Brokers, exclusively for RISMedia Premier Members. In this special interview series, we talk to some of our top-ranking brokers to garner their insights and strategies for sustaining their firms’ success. For more information, click here. For Samson Properties based in Chantilly, Virginia and covering markets… The post The Power Broker Interview: Donny Samson Shares How a Focus on Learning and Recruiting Supported Su

Marketing 106

Marketing Industrial Agents 106

Advertisement

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

Brokerage