Fri.Oct 07, 2022

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Why a good jobs report is bad news for the Fed

Housing Wire

On Friday the Bureau of Labor Statistics reported 263,000 new jobs were added in September. While that growth seems like good news in this economy, it runs directly counter to what the Federal Reserve wants to see. And the even worse news for the Fed was that the unemployment rate fell back to 3.5%. That low unemployment rate has to be driving the Fed nuts.

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Luxury Real Estate Headlines: First Week in October 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Linville, North Carolina | Premier Sotheby’s International Realty. The North Carolina house asking $29.75 million will be the state’s most expensive listing. A $29.75 Million Home With Mountain Views Looks to Break North Carolina’s Residential Record – Wall Street Journal.

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Rumors of Credit Suisse’s death are greatly exaggerated  

Housing Wire

Switzerland-based global lender Credit Suisse Group AG had a rough start this week after its stock was beaten down by 11%, the value of its riskiest debt fell more than 10% and the cost of purchasing derivatives insuring against the bank defaulting rose sharply. The bank’s stock eventually recovered most of the losses by the end of the day Monday, Oct. 3.

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How Much Home Can You Afford?

Coldwell Banker

One of the most important things first-time homebuyers should explore - how much home can they afford? The post How Much Home Can You Afford? appeared first on Coldwell Banker Blue Matter.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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After forward retail deal with G-Rate collapses, FoA announces wholesale exit 

Housing Wire

Guaranteed Rate this week walked away from negotiations to acquire Finance of America ’s forward mortgage retail channel, which may result in FoA closing the division, sources with direct knowledge of the negotiations told HousingWire. Meanwhile, FoA confirmed Friday that Finance of America Mortgage LLC (FAM), its forward mortgage company, will no longer fund and purchase loans through its wholesale and non-delegated correspondent channels. .

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Tips for the Perfect Home Color Palette

Coldwell Banker

Every creative venture requires inspiration – and that especially applies to choosing color palettes for the inside of your home. The post Tips for the Perfect Home Color Palette appeared first on Coldwell Banker Blue Matter.

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Windows that Wow

Coldwell Banker

What’s one of the fastest and easiest ways to update a room? You guessed it – window treatments. The post Windows that Wow appeared first on Coldwell Banker Blue Matter.

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This tool populates your calendar with much-needed blocks of time

The American Genius for Real Estate

Blocks of time on a calendar are like needles in a haystack. This tool makes it an automatic process to help with your productivity.

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Job Growth Slows in September

Eye on Housing

Job growth slowed in September as the Fed raises interest rates aggressively to fight inflation, but the overall labor market remains tight. The unemployment rate edged down to 3.5% as the number of persons in the labor force decreased by 57,000 in September. Total nonfarm payroll employment increased by 263,000 in September, following a gain of 315,000 in August, as.

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How to Sell a House Held in an Irrevocable Trust

HomeLight

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. If you need assistance navigating the legalities or tax implications of selling a house in an irrevocable trust, HomeLight always encourages you to reach out to your own advisor. You’re ready to sell your house, but there’s one small detail: It’s held in an irrevocable trust.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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These 20 Housing Markets Are Cooling the Fastest, According to Redfin

Bigger Pockets

According to the latest data from Redfin, the housing market is slowing down in several major U.S. metros. The report included the top 20 U.S. hotspots and ranked them according to […].

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Coldwell Banker Aids Colleagues in the Aftermath of Hurricane Ian

Coldwell Banker

The post Coldwell Banker Aids Colleagues in the Aftermath of Hurricane Ian appeared first on Coldwell Banker Blue Matter.

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Mortgage Questions & Answers!

Toronto Realty Blog

TorontoRealtyBlog. Are “confusion” and “uncertainty” two different things? I believe so. And yet both words are dominating the mortgage circles these days as buyers know less about what’s happening in the world of mortgages than ever before. Add in the fact that many people are trying to predict what’s going to happen in the future, and I don’t recall a time with this much perplexity.

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4 Unconventional Ways to Find a Supervisory Appraiser

McKissock

As part of our contributor series, Jacob Coleman of RealEstateCareerHQ.com shares his thoughts on how to find a supervisory appraiser. I have joined numerous online appraiser groups and forums in the past few years, and one of the common issues I heard a lot is that appraiser trainees cannot find a supervisor. According to the Appraiser Qualifications Board (AQB), trainees need to obtain a certain number of appraisal experience hours before becoming a licensed or certified appraiser.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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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Gardel’s Greene Garden Closing After More Than 20 Years in Fort Greene

Brownstoner

Gardel Prudent, the owner of Gardel’s Greene Garden at 97 South Portland Avenue, will be closing the beloved nursery by next July to build a long-planned six-unit apartment building on the site. Prudent and his wife opened the nursery on the empty lot near the corner of South Portland Avenue and… Read More > The post Gardel’s Greene Garden Closing After More Than 20 Years in Fort Greene appeared first on Brownstoner.

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JB On The Bubble

BubbleInfo

Housing Bubble Set to Pop By John Burns In 2013, fresh off the biggest housing downturn in their lifetimes, 73 housing industry executives compiled the Top 10 Signs of a Housing Market Bubble at our Summit Conference in Laguna Beach, CA. Assessing the criteria that we set almost a decade ago (10 quantitative and 10 […].

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Carol Blanchard joins Engel & Völkers as a Real Estate Advisor

Realty Biz

Engel & Völkers of East Greenwich announced today that Carol Blanchard has joined its brokerage as a real estate advisor, bringing more than a decade of paralegal and customer service expertise to this new role. . She joins Engel & Völkers from eXp Realty. Prior to a career in real estate, Carol was a corporate/commercial litigation paralegal for more than a decade.

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Webinar Recap: Lessons in Leadership with Dermot Buffini

RISMedia

By Devin Meenan During RISMedia’s final “Lessons in Leadership” Webinar of 2022, Dermot Buffini, CEO of Buffini & Co. quizzed fellow panelist Helen Hanna Casey, CEO of Howard Hanna Real Estate Services, about what she’s learned from leading other real estate professionals. After their one-on-one conversation, moderator John Featherston, founder and CEO of RISMedia, jumped […].

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Daily Links: Chicago’s Storied Second City to Open Theater, Training Center in Williamsburg

Brownstoner

In the News For New York’s Food Insecure, a Lifeline When It Matters Most [NYT] Second City to Open Its First New York Outpost in Williamsburg [NYT] Woman Rented Luxury Apartments for NYC Street Gangs, Prosecutors Say [NYT] Mayor’s Bishop Friend Is Slum Landlord Dogged by Legal Issues: Sources [NYP] Grace Rauh Named Executive Director… Read More > The post Daily Links: Chicago’s Storied Second City to Open Theater, Training Center in Williamsburg appeared first on Brownstoner.

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Things Get Awkward on ‘Selling the OC,’ and Jennifer Lawrence Wants $10.5M for Her NYC Loft

Realtor.com

Getty Images / Realtor.com / MLS / Netflix. “House Party” is the official Realtor.com® podcast about the overlapping worlds of home and pop culture, hosted by Rachel Stults and Natalie Way. Click the player above to hear our take on this week’s hot topics. This week we continue our recap of “Selling the OC.” On Episode 2, we see some major rifts forming: Kayla Cardona vs.

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How to Use Airbnb Predictive Analytics to Earn a High ROI

Mashvisor

In 2021, experts said that Airbnb predictive analytics would make a huge impact on the real estate industry in 2022. Were they on the right track?

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Housing Market Correction And What It Means For You [2022]

Marco Santarelli

The phrase “housing market correction” may seem like something out of a novel or news article about Wall Street analysts. However, for real estate investors and homeowners alike, it means that prices have dropped significantly since their peak—and will continue to do so until demand for properties rises again. In other words, this is not just a normal dip; it's the beginning of the end for some high-end properties.

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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 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.

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10 Pros and Cons of Living in Alabama

Redfin

From the 60 miles of shorelines and delicious BBQ to the state’s deep-rooted history, Alabama has a lot to offer its residents. Sit back and enjoy the southern charm of small towns like Opelika or cheer on the Crimson Tide in Tuscaloosa ; there’s something for everyone to enjoy. Despite the excellent pros of living in this state, it can also have its drawbacks.

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An East Flatbush Storybook House With Garage and Two More to See, Starting at $599K

Brownstoner

Our picks for open houses to check out this weekend are found in Bed Stuy, Bay Ridge and East Flatbush. They range in price from $599,000 to $1.35 million. In Bed Stuy, an estate-condition brick townhouse dating from the 1890s could use some polishing but has many original details, including woodwork,… Read More > The post An East Flatbush Storybook House With Garage and Two More to See, Starting at $599K appeared first on Brownstoner.

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Taking Care of a Flooded Apartment in 9 Steps

Redfin

If you live somewhere that experience severe storms, you may be at risk of a flooded apartment, especially on ground-floor levels. Flooding is the most expensive natural disaster, and not only does it cause damage to personal items, but it can also ruin the structure of your apartment building. Flooded apartments can also be caused by burst pipes, your neighbors, or the building itself.

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Dedicated Readers Braved the Weather for Final Day of Brooklyn Book Festival

Brownstoner

Nonstop rainy weather threw a wrench in the plans of many fall festivals planned for the first weekend in October. But the gray days were perfect for people who love to stay in with a good book, and the Brooklyn Book Festival managed to draw a huge crowd of attendees… Read More > The post Dedicated Readers Braved the Weather for Final Day of Brooklyn Book Festival appeared first on Brownstoner.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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7 Most Common Types of Apartment Parking Options

Redfin

One of the most important apartment amenities you’ll have to consider when you move to a new building is parking. Depending on where you move, you may have the option to choose between a few types of parking, especially for apartments. Most parking options either come at an additional cost or are included in your rent. And whether you’re moving to a city-center apartment in Seattle, WA , or a suburban apartment in Annapolis, MD , make sure to read your lease and look for the parking addend

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How to optimize deal flow in today’s housing market

Housing Wire

With mortgage rates on the rise, mortgage professionals have been dealing with their fair share of challenges this year. HousingWire recently spoke with Charles J. Williams IV, founder and CEO of Percy.ai, about what housing professionals can do to improve their deal flow despite the turbulence of the current housing market, and how investing in valuable data insights could be the key to success. .

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6 Creative Candle Scents That Don’t Exist but Would Be Great for Some Home Sellers

Lighter Side of Real Estate

Some people swear that the warm, inviting smell of freshly baked cookies is the secret scent to use when selling your home. Others say you can just burn a cookie scented candle if you don’t have the time to bake up a fresh batch. But sometimes a house needs more than the wafting scent of a couple dozen cookies to overcome things that’ll turn off a potential buyer.

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With job growth still strong, the Fed beatings will continue

Housing Wire

In late August, Gary Keller told the 11,300 Keller Williams agents, brokers and team leaders gathered in Austin, Texas for Keller Williams Mega Camp that this is the most confusing market he has ever seen. “It’s confusing, and it’s only confusing because you have mixed signals,” Keller told attendees. Among those mixed signals were the rising interest rates and continued job growth.

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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

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.