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.

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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.

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Residential Banks 384

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.

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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 384

Mortgages Technology Loans Marketing 384

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 223

Marketing 223

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?

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 144

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 156

Commercial Banks Lending Loans 156

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?

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Sales Industrial Agents 135

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 164

New Construction Design Construction Technology 164

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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

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

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

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

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

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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.

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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

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

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 104

Brokerage Industrial Agents Marketing 104

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

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

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 104

Sales Residential Agents As-is 104

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

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

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Marketing Industrial Agents 104

Inman

JUNE 9, 2023

The luxury team spent 24 years with Coldwell Banker before realigning with Compass, Inman has exclusively learned. Last year, the team traded $80 million in real estate transactions.

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Brokerage Technology Agents 148

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

RIS Media

JUNE 9, 2023

As we move into the summer market, it’s time to take action to propel your business through the end of the year and into 2024. This special message from RISMedia CEO John Featherston offers an exclusive preview of just some of the hundreds of industry leaders that will be on hand to educate and network… The post Preparing Now for What’s Next in Real Estate: A Special Message from RISMedia CEO John Featherston appeared first on RISMedia.

Industrial 104

Industrial Marketing MLS Agents 104

Inman

JUNE 9, 2023

Rapidly growing Latch, which will soon be led by Ring founder Jamie Siminoff, tapped AppFolio's wide-ranging property management software to streamline its enterprise access systems.

Property Management 147

Property Management Technology Industrial 147

Brownstoner

JUNE 9, 2023

One-room schoolhouses are no longer the education norm that they were for some American children in the 19th century, but they can still be found scattered across the landscape of New York. Those converted into dwellings can often offer petite living spaces with a bit of charming character. Our… Read More > The post Stay in School With a Home in a One-Room Schoolhouse, Starting at $169,900 appeared first on Brownstoner.

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Inman

JUNE 9, 2023

With hundreds of comments on our coverage of Ralph Yarl's shooting, what does it say about door-knocking, and where do we go from here? Rachael Hite updates the story and looks at the sometimes heated reactions.

Brokerage 145

Brokerage Agents 145

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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

Brownstoner

JUNE 9, 2023

Our picks for open houses to check out this weekend are found in Boerum Hill, Carroll Gardens, Sunset Park, and Marine Park. They range in price from $769,000 to $2.595 million. 370 1/2 Pacific Street Price: $2.595 million Area: Boerum Hill Broker: Douglas Elliman (Nadia Bartolucci, Ian Murphy) Sunday June 11, 1-2:30 p.m. See it… Read More > The post A Carroll Gardens Italianate and Three Others to See, Starting at $769K appeared first on Brownstoner.

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Marketing 98

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 155

Investor Technology Agents 155

RIS Media

JUNE 9, 2023

Word of mouth and referrals, while valuable, can only take you so far in the real estate industry. Digital marketing is no longer new and uncharted territory in the space. It has become a necessary avenue to grow a business, so if you haven’t gotten on board already, you need to. If you want to… The post How Top Producers Leverage the Power of Digital Marketing appeared first on RISMedia.

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Marketing Industrial Development Agents 98

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.

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Marketing Mortgages 148

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