Eye on Housing
SEPTEMBER 12, 2022
Lot values for single-family detached housing starts in 2021 increased across the nation, with the national value and six out of nine Census division values setting new records. U.S. median lot price now stands at $55,000, according to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC) data.
Housing Wire
SEPTEMBER 12, 2022
As mortgage interest rates crept back up in August after retreating the previous month, rate lock volume dipped to a four-year low. . Total lock volumes were down 8.9% from July, led by a 13.9% decline in rate/term refinance locks, according to Black Knight ’s originations market monitor report. Rate/term refi locks dropped 94.5% year over year. . Cash-out refi locks fell by 8.9% from July and declined by 72.2% from the same period in 2021.
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Keeping Current Matters
SEPTEMBER 12, 2022
In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house.
Eye on Housing
SEPTEMBER 12, 2022
The number of women employed in the construction industry increased to over 1.24 million in 2021, as the construction industry was quickly recovering jobs lost earlier during the pandemic induced recession. Currently, women make up 11% of the construction workforce, up from 9.3% in 2002. As the construction skilled labor shortage remains a key challenge for housing, adding new workers.
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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.
Maximum Exposure Real Estate
SEPTEMBER 12, 2022
What Are Realtors? In real estate, there are many confusing terms and definitions. One such term is a Realtor®. The public often confuses a real estate agent and a Realtor®. These names are often used interchangeably even among agents. While similar, they are not the same thing. Have a look at the difference between a […]. The post What is a Realtor appeared first on Maximum Real Estate Exposure.
HomeLight
SEPTEMBER 12, 2022
?. Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. There’s been a lot of tension between you and appraisers over the past two years. Home prices skyrocketed at an unprecedented pace, and appraisers have struggled to find comparable sales that justify what your buyers and sellers have agreed to.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Bigger Pockets
SEPTEMBER 12, 2022
What do timing the market and a circle have in common? There’s no point, literally and figuratively. Some people would like to have you think they’ve cracked the code and there’s some secret […].
Realty Biz
SEPTEMBER 12, 2022
Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Hannah in AR: Hi Brian, Two months ago I inherited three rental houses from my brother’s estate. He was a landlord for almost 30 years, but I have no experience with it.
Bigger Pockets
SEPTEMBER 12, 2022
Home sales are starting to slump, days on market continue to climb, and price drops are becoming the new norm. Are we on the cusp of a 2008 housing market […].
Realty Biz
SEPTEMBER 12, 2022
Anyone who works in the real estate sector knows that without a good marketing funnel, you’re not going to be successful. Real estate agents of all types rely upon their ability to build client relationships, as poor client-building means not enough clients to sustain your business. Thus, marketing yourself, your professional services, and your overall brand, becomes one of your primary tasks.
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.
The American Genius for Real Estate
SEPTEMBER 12, 2022
Man, isn’t technology the best? Sure, except when it's not. Let's take a deep dive into the after-effects of being entrenched in tech.
Realty Biz
SEPTEMBER 12, 2022
As a real estate agent , you’re constantly looking for tools that can help you do your job better. Fortunately, we live in the age of technology, and there are constantly new tools popping up on the market. Wondering about the latest in real estate technology for real estate agents? Here are some of the best proptech products on the market today!
The American Genius for Real Estate
SEPTEMBER 12, 2022
How do you respond to people that complain they're working at all hours? Just welcome them to the Realtor way of life!
Mashvisor
SEPTEMBER 12, 2022
Are you tempted by the thought of potentially buying vacation rentals for sale Oregon Coast? Then, this article can be of great help.
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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.
Sotheby's International Real Estate
SEPTEMBER 12, 2022
Showcasing the height of new luxury construction in some of the world’s most sought-after locations, let’s explore an exclusive new development from our worldwide network. Santa Margarida da Serra, Portugal | Portugal Sotheby’s International Realty. Quintas da Aldeia is a new lifestyle concept that combines countryside and beach, with all the comfort and security of modern life.
Realty Biz
SEPTEMBER 12, 2022
Last week we reported on Redfin’s market slowdown report. What’s on everyone’s mind this week is how the surge in U.S. housing over the past two years has made a turnabout. Today, instead of bidding wars, agents are faced with uncertainty. Here’s a look at what this means for U.S. agents. The U.S. housing market, which took off during the pandemic, was boosted even more by record-low interest rates.
Redfin
SEPTEMBER 12, 2022
Colorado, also referred to as “The Centennial State,” is known for its stunning nature and access to outdoor activities. Each city offers a unique atmosphere and a number of activities like the Coors Brewing Tour in Golden, CO or skiing in Vail, CO. It’s no wonder that nearly 5.7 million people call this state home. If you are considering making the move to Colorado, but don’t know what cities to check out, we’ve got you covered.
BubbleInfo
SEPTEMBER 12, 2022
There were 31 and 38 new listings between La Jolla and Carlsbad in each of the last two weeks, which is incredible – the last time we had those numbers was in the beginning of January! As recently as 2019, the number of new listings in the middle of September were 100+ per week. The […].
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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.
Realty Biz
SEPTEMBER 12, 2022
Italy has a lucrative retail marketplace, making it an attractive destination for international entrepreneurs. The regulatory landscape is liberal, and tax laws are favorable, so you need not worry about launching a retail venture in the country. Another reason the country makes a dream place is its easy immigration. In fact, you can even obtain Italian citizenship without much hassle.
Windemere Buying
SEPTEMBER 12, 2022
Imagine the process of financing a home purchase as a relay race. From start to finish, the baton must be passed several times between interconnected transactions. The down payment plays an important role in the relay race and will help you cross the finish line, but how much money do you put down? And when do you make the down payment? Understanding its characteristics will help you see where it fits in the home buying process.
Realtors Property Resource
SEPTEMBER 12, 2022
The RPR app has been upgraded, including the Buyer Tour feature, which let’s agents set up property tours and follow up with a report. The post RPR now Boasts a Better Buyer Tour appeared first on Realtors Property Resource (RPR).
Lab Coat Agents
SEPTEMBER 12, 2022
Being a real estate agent is hard. There are many aspects of an agent’s day to day that technology tries to simplify but often leads to making it more complicated. With different technologies brings multiple learning curves and ultimately different places to go to if you need help. This creates a complex web of systems that do not always communicate with one another causing headaches and frustration for something as simple as remembering your login password!
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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.
Realty Biz
SEPTEMBER 12, 2022
Italy has a lucrative retail marketplace, making it an attractive destination for international entrepreneurs. The regulatory landscape is liberal, and tax laws are favorable, so you need not worry about launching a retail venture in the country. Another reason the country makes a dream place is its easy immigration. In fact, you can even obtain Italian citizenship without much hassle.
BubbleInfo
SEPTEMBER 12, 2022
We opened escrow today on my first contingent sale in 2+ years – where my buyer has to sell their home to purchase the subject property. There were two offers submitted – and BOTH were contingent upon selling another property! Thankfully, the house we’re going to sell is a single-level home in Aviara, which was […].
Marco Santarelli
SEPTEMBER 12, 2022
Minnesota Housing Market Trends. According to new data, days on the market decreased as the median price increased due to the scarcity of inventory. Housing demand continues to outstrip supply in the entire state. Minnesota Realtors released July 2022 data, stating that the state's median sales price increased by 7.9 percent to $339,900. Below is the latest report of the “Minnesota Housing Market” by Minnesota Realtors®.
Toronto Realty Blog
SEPTEMBER 12, 2022
TorontoRealtyBlog. Get out your tinfoil hat, folks, and place it firmly on your head! Close the curtains because the neighbours are all spies. Let’s talk about who killed JFK, who’s responsible for 9/11, and who put the caramel in the Caramilk bar. And while we’re at it, let me regale you with a little conspiracy theory I’ve got running… The monthly release of “TRREB Market Watch” isn’t quite as celebrated in Realtor-circles as, say, Christmas in
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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.
GeekEstate
SEPTEMBER 12, 2022
[Editor’s Note: Below is the full text of our 226th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on September 8th, 2022.]. In spite of new software innovations, the property management industry continues to focus on the number of units under management because it’s beholden to the property management overlords who made it so.
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