Sat.Nov 11, 2023

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Housing inventory growth slows to a halt

Housing Wire

Total housing inventory growth has been slow in 2023, but with rising mortgage rates over the last few months, inventory has grown a bit faster than average. The question now is: Have we hit the seasonal peak in inventory for 2023? The housing inventory growth rate has decelerated for three weeks, and we were barely positive last week, with an increase of only 59 homes.

Mortgages 484
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Realtor.com CEO: World without buyer agency a ‘dangerous scenario’

Real Estate News

Damian Eales talked to Real Estate News about why the industry “should be careful what some people are wishing for” and his perspective on NAR.

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Mauricio Umansky’s 5 ways hobbies can grow your network

Inman

Whether it's vegetable gardening or ballroom dancing, according to The Agency's CEO Mauricio Umansky, it's easy to make authentic connections through your hobbies and interests.

Brokerage 177
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Brokerage Beat: News from eXp, Century 21, @properties, The Agency

Real Estate News

eXp begins search for new CFO; Century 21 strengthens Georgia presence; @properties Christie's International promotes key execs; The Agency opens Toronto office

Brokerage 264
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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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The commission suit tsunami is upon us: The Download

Inman

Catch up with the "mother of all lawsuits" and all of the other so-called copycats that have followed in the wake of Sitzer | Burnett.

MLS 172
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"The deal of the Century."

Calculated Risk Real Estate

Note: I originally wrote this on Veterans Day in 2021. I’d like to repeat this with one edit - my dad is now 101. After retiring from the military, my dad worked in the real estate industry. He once told me: “The deal of the century comes along every year.” It sounded like a Yogi-ism (à la Yogi Berra). My dad meant it sarcastically since he was always hearing that this or that deal was the ‘deal of the century’ But it always stuck with me.

Land 112

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Top 5 Stories on Brownstoner This Week: Woman Battles Investors for East New York House

Brownstoner

Woman Who Claimed Abandoned East New York House Fights Investors for Possession Ten years ago Sybil Green, who goes by the name Tami, was biking down a stretch of Jackie Robinson Parkway’s residential frontage road, which connects Vermont Street in East New York with Highland Park, when she noticed a house… Read More > The post Top 5 Stories on Brownstoner This Week: Woman Battles Investors for East New York House appeared first on Brownstoner.

Investor 109
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Pensacola Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

In 2023, the Pensacola housing market is poised to maintain its good performance, characterized by sustained home price appreciation and persistently low inventory levels. Key Trends in Pensacola Housing Market 2023: Continued Home Price Appreciation: Home prices are anticipated to see a steady rise. Low Inventory Impact: Limited housing inventory is a driving force behind escalating home prices.

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In Switzerland, most people rent for life. Is that really by choice?

Seattle Times Real Estate

At a time when many young people in places like New York and London can’t see a path to buying a home, Switzerland offers a glimpse of a post-ownership society.

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Seeing Greene: I Don’t Make Enough to Invest, What Do I Do?

Bigger Pockets

You want to invest in real estate, but you lack the cash or the income.

Land 117
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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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Mastering Real Estate Analysis: Essential Insights for Savvy Investors

Mashvisor

Diligent, accurate, and detailed real estate analysis is at the core of making profitable rental property investment decisions.

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Veterans Day

BubbleInfo

Today is Veterans Day (originally Armistice Day) honoring military veterans of the United States Armed Forces marking the anniversary of the end of World War I.

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Houston’s Homes Sales Show Resilience with Minor Dip in October 2023

Marco Santarelli

Despite facing its 19th consecutive month of year-over-year declines in home sales, Houston's housing market exhibited resilience in October 2023, marking the smallest dip of the year. The Houston Association of Realtors reported that single-family home sales, totaling 6,377, experienced a modest 3.4% decrease from the previous October , surpassing the year's earlier record drop in August.

Sales 101
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Palm Bay Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

Palm Bay Housing Market Report – September 2023 Mid-Market Condo Sales Surge in Palm Beach County The Palm Beach County mid-market condo segment, priced between $400,000 to $600,000 , experienced a notable rise of 9% year-over-year in September 2023 , reaching 145 transactions. This surge is revealed in the statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

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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.