Fri.Nov 18, 2022

Days on market grow despite low inventory for existing homes

Housing Wire

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months.

Townhouse Construction Market Share Rising

Eyes on Housing

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the third quarter of 2022 single-family attached starts totaled 38,000, which is 12% higher than the third quarter of 2021.

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Housing industry continues to shed employees in economic downturn

Housing Wire

Don’t be fooled by last week’s mortgage rate collapse. A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. The U.S.

7 tips to engage your real estate sphere of influence

Real Trends

Any agent working in today’s market knows, that despite the ongoing struggles, you still have to bring in new business somehow. For new agents who haven’t experienced a down market before, this can seem especially intimidating.

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

Even with falling rates, the housing market is shaping up to be bad in Q4

Housing Wire

The housing recession was in full swing in October. Existing home sales last month declined 5.9% from September to a seasonally adjusted annual rate of 4.43 million in October, and were down 28.4% year over year. That’s the largest year over year existing home sales decrease since 2007.

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Black Knight to sell TitlePoint back to Fidelity for $225M

Housing Wire

Black Knight agreed to sell its TitlePoint business unit to former parent company Fidelity National Financial for $225 million in cash. A sale of TitlePoint is expected ahead of Black Knight’s planned blockbuster acquisition by Intercontinental Exchange , Inc. .

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Luxury Presence launches new tools for agents

Real Trends

Real estate marketing company Luxury Presence launched a new suite of lead-generation tools this week aimed at helping real estate agents, teams and brokerages scale the online presence of their businesses. “We’ve

Proptech company Rhino acquires Desposify to transform deposit platform?

Housing Wire

Proptech firm Rhino will be buying the technology and assets of Deposify , a cash security deposit management technology platform, to launch an end-to-end deposit management and compliance platform.

Will home prices rise or fall in 2023?

The American Genius for Real Estate

The million dollar, golden ticket questions all home buyers are wanting to know: Will home prices go up, stay the same, or decline next year? Homeownership 2023 home prices homebuyers homeowners Real Estate News

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

It’s the ‘perfect storm:’ Average IMB lost $624 per loan in Q3

Housing Wire

The third quarter used to be historically the strongest of the year for independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks. At least until 2022.

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Pros and Cons of Investing in Real Estate

Realty Biz

Gaining sources of passive income is what lots of people are looking for. Without any doubt, purchasing real estate is one of the most reliable investment decisions. Just for reference, the real global state market is expected to show a Compound Annual Growth Rate (CAGR) of about 4.8%

Opinion: Two legal issues relevant to FHFA’s review of FHLB system

Housing Wire

On Aug. 31, 2022, the Federal Housing Finance Agency (FHFA) announced that it would conduct a comprehensive review of the Federal Home Loan Bank (FHLB) system.

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Should I Become A Real Estate Agent? (Quiz)

Lab Coat Agents

Whether you’re thinking about going into the real estate business or you’ve already started, it’s important to know exactly what you’re getting into.

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

10 data sources to inform your real estate strategy

Real Trends

The tech revolution has reshaped the real estate industry in a major way. Between artificial intelligence (AI) and machine learning, sophisticated technological advancements are pushing the real estate industry into a new era.

Luxury Real Estate Headlines: Third Week in November 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Park City, Utah | Summit Sotheby’s International Realty. The property sits at the top of the Crown Point ski lift and looks out over the Bald Eagle Mountain ski slopes.

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19 Real Estate Signs to Inspire Your Marketing & Branding

The Close

As we head into the holiday season, it’s the time to focus your attention on your branding and top of the funnel marketing. Branding will boost your visibility and keep you top of mind in the coming months.

The Friday Rant: Public Sentiment Has Turned

Toronto Realty Blog

TorontoRealtyBlog. Remember that guy back in high school that was super popular and always got the ladies? I’m asking the gents in here to remember because my follow-up question is this: did you hate him or did you respect him ?

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

Block Out the Noise: 10 Tips For a Soundproof Apartment

Redfin

One of the cons of living in Baltimore , renting an apartment in Los Angeles , or calling any other major city home, is the noise. From highways and construction sites to loud neighbors or boisterous roommates in another room, there’s no shortage of noise sources that can disrupt your daily life.

Park It: A Retro Trailer Resort in Arkansas Is the Week’s Most Popular Home

Realtor.com

Realtor.com Calling all happy campers! A newly constructed farmhouse with a fanciful trailer resort in Prairie Grove, AR, is this week’s most popular listing on Realtor.com®.

The Impact of Remote Work on Commute Times in the U.S.

Point2Homes

During the pandemic, the way we work went through a significant change. Jobs that had long been restricted to the office were suddenly being carried out in the comfort of the employee’s home in a move that would see more workers than ever before switching to remote work.

Branch Out! Tiny $1.2M Treehouse in Arkansas Provides a Playful Perch

Realtor.com

MLS via Realtor.com We all know good things come in small (though not necessarily cheap!) packages; and an elaborate treehouse in Bentonville, AR , is a magical reminder. A veritable leafy playground, this luxe treehouse is just 866 square feet of nonstop fun—and it’s available for $1,250,000.

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The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

Oakridge Closed

BubbleInfo

Our listing on Oakridge closed escrow today at 27% over the list price! We had 18 written offers, and only one of them was cash. There were 17 parties were willing to pay the list price or higher, even with mortgage rates around 7%! I did what was in effect a reverse offer and raised […].

Turn the Page! These 4 Book-Decor Trends Are Just Plain Silly

Realtor.com

Getty Images Once upon a time, long before podcasts or Feedly came along, people spent much of their free time devouring the wisdom found in books ! Today, many tomes serve purely as home decor.

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Initial View Count

BubbleInfo

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The new listing went active on the MLS at 4:30pm yesterday, and by this morning there have already been 1,700+ views – less than a week before Thanksgiving!

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5 Bargain Barndominiums—Look at What You Can Get for Less Than $500K

Realtor.com

Realtor.com The barndominium craze shows no signs of slowing down. Over 1,200 listings in Texas mention “barndominium” in their descriptions, but it’s not the lone star state of these rustic structures.

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!