Housing Wire

NOVEMBER 4, 2022

On Friday, the Bureau of Labor Statistics reported that 261,000 jobs were created and we had 29,000 positive revisions to prior reports. This means the honey badger labor market will keep the Federal Reserve from pivoting anytime soon. . This has been a theme of mine lately. Since all my six recession red flags are up, the only data lines that I am focusing on regarding the cylce of economic expansion to recession are job openings and jobless claims data.

Marketing 514

Marketing Construction Land Mortgages 514

Keeping Current Matters

NOVEMBER 4, 2022

Some Highlights. If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2% since 1991. Homeownership wins in the long run. If you’re ready to buy a home, reach out to a local real estate professional today.

Equity 309

Equity Marketing 309

Housing Wire

NOVEMBER 4, 2022

United Wholesale Mortgage (UWM) is now the biggest mortgage lender in America, thanks in large part to a cut-rate pricing strategy that has put extreme pressure on competitors. UWM originated $33.5 billion in the third quarter, toppling its arch rival Rocket Mortgage ‘s $25.6 billion in production. Purchase loans accounted for 82.7% of UWM’s mix in the third quarter.

Principal 87

Principal Loan Officer Loans Mortgages 87

Real Trends

NOVEMBER 4, 2022

The real estate market is always full of uncertainty, but lately, there have been more significant concerns. After seeing exceptionally low interest rates at the beginning of 2022, they are now more than double. Even though rates are still historically low, they have many would-be buyers and sellers thinking the worst. And despite no conclusive evidence that a crash is imminent, rumors of a crash are circulating nonetheless.

Marketing 128

Marketing Industrial Agents As-is 128

Advertisement

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.

Development

Housing Wire

NOVEMBER 4, 2022

Job growth continued in October, but at a slower pace as the Federal Reserve continues to raise interest rates. Total nonfarm payroll employment rose by 261,000 jobs from September , according to d a ta released Friday by the Bureau of Labor Statistics. So far this year, monthly job growth has averaged 407,000, down from an average of 562,000 per month in 2021.

Construction 418

Construction Residential Industrial Land 418

Eye on Housing

NOVEMBER 4, 2022

Job growth slowed in October as the Fed continues its tightening of financial conditions to fight inflation, but the overall labor market remains tight. The unemployment rate increased by 0.2 percentage points to 3.7% in October as the number of persons in the labor force decreased for the second straight month.

Marketing 124

Marketing Construction Residential 124

Eye on Housing

NOVEMBER 4, 2022

Spurred by elevated savings early in the pandemic and encouraged by lower interest rates, rising numbers of young adults left parental homes in 2021. As a result, the share of young adults ages 25-34 living with parents or parents-in-law declined and now stands at 20.2%, according to NAHB’s analysis of the 2021 American Community Survey (ACS) Public Use Microdata Sample.

119

119

Sotheby's International Real Estate

NOVEMBER 4, 2022

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Rockville Centre, New York | Daniel Gale Sotheby’s International Realty. This vintage Tudor home features a decorative boxwood hedge maze in the style of a formal garden. A tennis court and a boxwood maze surround this $2.7M 1913 Tudor home on Long Island – 6sqft.

Marketing 112

Marketing 112

Toronto Realty Blog

NOVEMBER 4, 2022

TorontoRealtyBlog. Do you want to play a game? Sounds ominous, I know. But seriously, it’s a great way to introduce today’s topic. Let’s play a classic from our childhood years. Let’s think back to Sesame Street and play, “One of these things just doesn’t belong.” Whether it’s Grover, Telly, or Cookie Monster, I’m pretty sure everybody (including your less-than-bright cousin who watched Sesame Street with you and was always a step behind&#

Construction 111

Construction Pre-approval Development Investor 111

The American Genius for Real Estate

NOVEMBER 4, 2022

Cultivating the connection and chemistry needed to sustain a mentor/mentee relationship takes time, or it can come naturally.

105

105

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.

Industrial

The Close

NOVEMBER 4, 2022

We at The Close can already feel the holidays quickly approaching! And we are gearing up for some exciting Thanksgiving season real estate ideas to market our business as we head toward 2023. Fall is the perfect time to focus on a few marketing strategies to refill your pipeline after the busy summer rush. And who doesn’t love getting out and meeting new people as the holiday season kicks off?

Brokerage 98

Brokerage Marketing As-is Commercial 98

1000Watt

NOVEMBER 4, 2022

Note: This may hit you as very inside baseball, and a bit of a ramble. I guess it is. But sometimes you need to go deep into the game to think about things that may lead, ultimately, to a win or a loss. Or whatever. There’s just so much swirling around right now, so many cross-currents… maybe I’m just thinking out loud. … I’ve heard a lot of people say something like this over the past few months: Listing agents had it so good for so long… a lot of ‘em are going to have to lear

MLS 98

MLS Agents Branding Investor 98

Bigger Pockets

NOVEMBER 4, 2022

Medium-term rentals are not new to real estate investing, but most investors have hardly heard of them. For years, corporate travelers would rent a room, apartment, or small property for […].

Investor 97

Investor Marketing 97

Realty Biz

NOVEMBER 4, 2022

Real estate can be a very lucrative industry to get into. However, it's not as easy as just filling out an application. You need to do a few things to increase your chances of being accepted into this field. This blog post will discuss those things and how you can get into real estate. Understand Your State's Requirements. Each state has different requirements , so you will need to do some research to find out what yours are.

Industrial 84

Industrial As-is Marketing 84

Advertisement

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.

Brokerage

Bigger Pockets

NOVEMBER 4, 2022

It can take a long time to save enough money to buy a home or raise your credit score high enough to get desirable rates. In the meantime, you wind […].

92

92

Brownstoner

NOVEMBER 4, 2022

This is isn't exactly a modest country cottage. Massively scaled and with a classic Second Empire exterior, this Plattsburgh, N.Y., manse has some intriguing period details inside and out. When it was completed, its splendor earned it a bit of local press that revealed the architect behind the grandeur. Located… Read More > The post The Picturesque Second Empire Style Hartwell Manse in Plattsburgh, Yours for $895K appeared first on Brownstoner.

81

81

RISMedia

NOVEMBER 4, 2022

By Anica Oaks Some features can have you on the fence when shopping for a home. If you're looking at a home with a yard but aren't quite sure you want one, there are a few extra things you'll want to keep in mind before making your decision. Here are three things to ponder before […]. The post Should You Get a Home With a Yard? Consider These 3 Things First… appeared first on RISMedia's Housecall.

Industrial 77

Industrial 77

Brownstoner

NOVEMBER 4, 2022

In the News NYC Buildings Chief Resigns as Prosecutors Examine Gambling Ties [NYT] NYC Is Using More Green Energy. But It Has a Storage Problem. [NYT] The Best Places to Watch the New York City Marathon [NYT] $3.5 Million for Green Space at NYCHA Properties in Brooklyn, Bronx [Eagle] Brooklyn Botanic Gardens Holiday Lightscape Returns… Read More > The post Daily Links: NYC Buildings Czar Resigns as Prosecutors Investigate Gambling Ties appeared first on Brownstoner.

As-is 76

As-is 76

Advertisement

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.

Agents

The American Genius for Real Estate

NOVEMBER 4, 2022

Customer service is paramount for every business, but this one mistake handicaps so many and can be fixed so easily.

Brokerage 69

Brokerage 69

Brownstoner

NOVEMBER 4, 2022

Our picks for open houses to check out this weekend are found in Clinton Hill, Bed Stuy and Bay Ridge. They range in price from $1.649 million to $2.995 million. In Clinton Hill, this 1870s Neo-Grec brownstone hasn't been on the market in decades. While work is probably needed, the… Read More > The post A Clinton Hill Neo-Grec Brownstone and Two More to See, Starting at $1.649 Million appeared first on Brownstoner.

Marketing 76

Marketing 76

Redfin

NOVEMBER 4, 2022

If your living room is cluttered and chaotic, it can be tough to relax and spend time with your family or entertain guests. Your living room can become even more challenging to use if you have a large family or an abundance of belongings. But by taking a few simple steps to organize your space, you can turn your living room into a haven of peace and relaxation.

Design 63

Design As-is Banks 63

Brownstoner

NOVEMBER 4, 2022

Locals unveiled the signage for the Bay Ridge Parkway Doctors' Row Historic District on Friday, October 28, a reader let us know. Props to the block association for pushing to landmark Bay Ridge's first historic district. The two intact rows of bay-fronted limestone houses on Bay Ridge Parkway between 4th… Read More > The post Locals Celebrate Signage for Bay Ridge Parkway Doctors’ Row Historic District appeared first on Brownstoner.

75

75

Advertisement

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.

Agents

Redfin

NOVEMBER 4, 2022

If you’re looking for the best coffee shops in Los Angeles , you’ve come to the right place. Whether you’re looking for a great cup of coffee within walking distance from your Los Angeles apartment , a cozy place to work or study, or a place to people-watch, we got you covered. . Our local guide to coffee shops and cafes will help you find the perfect spot.

As-is 63

As-is 63

BubbleInfo

NOVEMBER 4, 2022

Our one-story listing in Aviara closed escrow today. We had listed for an attractive $1,800,000 in mid-September, and had about 2,600 views on Zillow in the first five days. We received three offers, and accepted the highest at $2,100,000 cash. Previously I told the story of how the home inspector’s lack of bedside manner put […].

Marketing 59

Marketing Closing 59

Realtor.com

NOVEMBER 4, 2022

Realtor.com / Getty Images / Netflix / MLS via Realtor.com ?. “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. Over the years, we’ve seen plenty of celebrities buy and sell second homes in the same city as their primary residence.

Sales 58

Sales MLS Title As-is 58

Real Trends

NOVEMBER 4, 2022

Did you know that first-time buyers made up 26% of homebuyers this year? Real estate professionals today rely on data to understand client needs and expectations. The more insightful data available, the more agents can cater to their clients, find new ones and educate buyers and sellers in the area. . The NAR 2022 Profile of Home Buyers and Sellers provides some of the most up-to-date data on the behaviors of potential real estate customers.

Agents 52

Agents Finance Sales As-is 52

Advertisement

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.

Sales

BubbleInfo

NOVEMBER 4, 2022

Did you know that a garden gnome is a sign that the homeowners are swingers? They do say no one knows what goes on behind closed doors – but is your neighbor giving out secret clues that they’re a swinger? Yesterday we told how sales of garden pampas grass have plummeted because it’s believed to […].

Closing 45

Closing Sales 45

Hank Miller Team

NOVEMBER 4, 2022

Well add this to the list of “No chit Sherlock” observations coming out of the last two years. Seems that just over 70 of recent homebuyers have buyer’s remorse. In Feb '21 we noted that 44 of homebuyers had buyer's remorse, these new stats are bonkers. This number is a bit of a surprise and the reasons have to do with price but also with just about every other aspect of the buyer's transactions.

Due diligence 40

Due diligence Agents MLS Inspection 40

Mashvisor

NOVEMBER 4, 2022

As we stand less than two months away from 2023, many real estate investors are wondering how to find rental properties for sale near me.

Sales 36

Sales Investor 36

Housing Wire

NOVEMBER 4, 2022

There has been a flurry of recent articles prognosticating a decrease to Federal Housing Administration (FHA) insurance premiums. Several trade groups including the Mortgage Bankers Association have corresponded with the HUD Secretary in support of cuts. One news article suggested a possible presidential announcement of FHA premium reductions prior to the November elections.

FHA loan 447

FHA loan Loans Equity Mortgages 447

Advertisement

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

Brokerage