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.

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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.

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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.

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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.

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Housing Wire

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. are white, while 8% are Hispanic, 3% are Black and 2% are Asian. The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%.

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Equity Finance As-is Marketing 364

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.

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Marketing 112

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.

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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.

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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?

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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&#

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Loans

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.

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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 […].

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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.

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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.

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Sales

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.

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Industrial 99

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 […].

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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.

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Marketing 74

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 […].

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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.

Agents

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.

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As-is 73

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.

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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.

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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.

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Brokerage 69

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.

Agents

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.

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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 […].

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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.

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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.

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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.

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.

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As-is 55

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.

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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.

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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.

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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.

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