3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008
Keeping Current Matters
OCTOBER 26, 2022
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble.
Keeping Current Matters
OCTOBER 26, 2022
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble.
Housing Wire
OCTOBER 26, 2022
Nonbank mortgage lender and servicer Pennymac Financial Services imposed a new round of layoffs to its employees this week, ahead of its third-quarter earnings report on Thursday. . The California-based company had several rounds of layoffs this year, including a workforce reduction of 236 employees in March, another 207 staff members in May and additional 32 jobs in July. .
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Fancy Pants Homes
OCTOBER 26, 2022
Originally a 19th-century book bindery factory, the building at 443 Greenwich Street in New York City is now one of the most luxurious apartment buildings in town. This boutique condo in Manhattan’s sought-after Tribeca neighborhood is dubbed the “paparazzi proof” building, a unique trait that appealed to a long list of celebrities including Justin Timberlake and Jessica Biel, Ryan Reynolds and Blake Lively, and Jennifer Lawrence, to name just a few.
Housing Wire
OCTOBER 26, 2022
Alpha. BeSmartee’s Alpha is made specifically for third-party originators and wholesale lenders. Specifically to BeSmartee’s Alpha, this offering goes beyond an online 1003 and includes PPE, fee aggregation, AUS, initial disclosures and reporting; everything that is needed for brokers to originate. Furthermore, brokers receive the ability to make loan submissions to one or more wholesale lenders.
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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.
BubbleInfo
OCTOBER 26, 2022
If you are on the fence about how to sell your house, and you don’t really need to sell anyway, here’s one reason to go all in and sell on the first try. You sure don’t want to fail, and be an expired listing. You remember our sellers who decided to rent their house, rather […].
Housing Wire
OCTOBER 26, 2022
Mortgage rates have been on an upward trend for more than two months, and would-be homebuyers are increasingly hitting the brakes on their home purchase plans. . The Mortgage Bankers Association (MBA) survey shows that the mortgage composite index for the week ending Oct. 21 fell 1.7% from the prior week when it reached its 25-year low. Mortgage loan application volume plummeted 69% compared to the same period in 2021.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 26, 2022
CreditXpert. CreditXpert, the predictive credit score insight platform, helps mortgage lenders leverage credit to extend better, more compelling financing options to every applicant. With its enterprise-ready SaaS platform, CreditXpert helps lenders identify an applicant’s near-term credit score potential, generate detailed improvement plans and boost efficiency with A.I.
Realty Biz
OCTOBER 26, 2022
Most people who think about Milwaukie think about professional sports teams, cheese, or beer brewing (see Pabst, Schlitz, and Miller). Few outsiders realize the cultural diversity, natural attractions, and legendary midwestern hospitality the city is also famous for. Considered one of the best places to live and retire in the U.S., Milwaukie is also among the most economical.
Housing Wire
OCTOBER 26, 2022
Mortgage Verification Service (MVS). Through its Mortgage Verification Service (MVS) product, Mastercard’s open banking platform leverages high-value consumer-permissioned data directly from financial institutions and payroll processors to provide accurate, real-time insights for a GSE-accepted verification of assets, income and employment in a simple 1-touch experience.
Agent Fire
OCTOBER 26, 2022
Are you looking for ways to increase your real estate business? Here are some creative pop-by ideas that will help you make the most of your pop-by visit. Pop-By Ideas for Realtors | The Joy and Benefits of Giving is just one of many great real estate strategies on The Spark.
Advertiser: Trellis
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.
Housing Wire
OCTOBER 26, 2022
Connect. Qualia Connect enables lenders to standardize the way you work with title and settlement companies. Automate your operations with any title company in order to deliver secure, on-time, and error-free closings. Product Fast Facts. #1. Automated Order Placement & Information Exchange: Automatically place orders and trigger information requests directly from your LOS. #2.
Real Estate Investar
OCTOBER 26, 2022
In recent years, investors have been looking at different strategies to try and maximise the returns they're receiving on their rental properties.
Bigger Pockets
OCTOBER 26, 2022
You’ve probably heard here on BiggerPockets that house hacking is one of the best ways to jumpstart your real estate investment journey, and that is certainly true! I would argue that it […].
Realty Biz
OCTOBER 26, 2022
There are thousands of homes that are abandoned across the United States. Unfortunately, these abandoned homes can also be a magnet for crime. These types of homes can be the perfect properties for both real estate investors and contractors to locate and purchase. That's why it's important to know how to find abandoned houses. In some cases, these properties are in deplorable condition, and in other circumstances, they are not.
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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.
Bigger Pockets
OCTOBER 26, 2022
Most people stumble into short-term rental investing. At some point, they realize a long-term rental, mother-in-law suite, or family cabin could become a revenue-generating, passive income machine. So what do […].
BubbleInfo
OCTOBER 26, 2022
When it comes to selling your home, there are a few strategies to consider – and the most important point is to select one, any one! There is the old traditional PPP plan – Put it in the MLS, Put a sign in the yard, and Pray. My favorite is to spruce it up, price […].
Coldwell Banker
OCTOBER 26, 2022
The Leadership Awards recognize Coldwell Banker-affiliated real estate professionals who exemplify the core values of the organization. The post Coldwell Banker Real Estate Announces 2022 Leadership Award Winners appeared first on Coldwell Banker Blue Matter.
Lighter Side of Real Estate
OCTOBER 26, 2022
If you’re a renter, you’re probably well aware that rents have been increasing a lot recently. But what you might not know is that your landlord may be using a tool that helps them do it. According to a recent article published by The Real Deal , some landlords have been using software with an algorithm designed to help them set rents. At face value, that’s not a bad thing.
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.
Brownstoner
OCTOBER 26, 2022
Packed with details, this 1890s Sunset Park brownstone appears surprisingly intact, with multiple mantels, fretwork, moldings and built-ins. A kitchen renovation took a cue from the period style, with cabinetry mimicking original built-ins and the inclusion of a vintage stove. The two-family at 465 54th Street sits in the Sunset… Read More > The post Sunset Park Brownstone With Five Mantels, Built-ins, Renovated Kitchen Asks $1.695 Million appeared first on Brownstoner.
Sotheby's International Real Estate
OCTOBER 26, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??????????????. Rancho Santa Fe, California | Linda Sansone, Pacific Sotheby’s International Realty. Escape to a private, gated and fenced oasis, where one can enjoy the beauty found at this prime Rancho Santa Fe Covenant location.
Real Trends
OCTOBER 26, 2022
Unicorn real estate technology company HomeLight has raised referral fees on agents’ gross commissions to 33%. The change went into effect on Tuesday, Oct. 25. Prior to the hike, the company’s referral fee was 25% of agent commissions for deals under $4 million and 30% on transactions over $4 million. In an email sent to agents, HomeLight said it was the first time it has raised its referral commission, according to Inman, which first reported the news.
Brownstoner
OCTOBER 26, 2022
Behind every architecturally entrancing building in Brooklyn, there are equally compelling tales of the lives of those who once called it home. Those stories often take more than a bit of digging to unearth, particularly when trying to give names to the women of a household, who were so frequently… Read More > The post A Lost Daughter and the Women of a Brooklyn Heights Greek Revival Showpiece appeared first on Brownstoner.
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.
RISMedia
OCTOBER 26, 2022
By Anica Oaks If you're interested in making your home have more curb appeal, there are a few things you can do. Along with making some improvements to the exterior of your home, landscaping your yard can be a good way to boost curb appeal, too. If you're new to landscaping and want to make […]. The post 5 Tips for Boosting Curb Appeal With Landscaping appeared first on RISMedia's Housecall.
Brownstoner
OCTOBER 26, 2022
The Renaissance Revival-style house at 484 14th Street contains much more than its historical finishes and period details: It houses the history “of a mostly unseen community of women who contributed to America's cultural, political and social history,” and it should be landmarked because of that, the Landmarks Preservation Commission… Read More > The post A ‘Birthright for Lesbians’: Park Slope’s Lesbian Herstory Archives Could Be Landmarked appeared first on Brownstoner.
Mashvisor
OCTOBER 26, 2022
The Boston real estate market is experiencing some sort of relief as housing prices cool down. What can investors expect over the next few months? A recent report from Axios.
Brownstoner
OCTOBER 26, 2022
The free Brownstoner webinar "Tips on Home Buying in NYC" on Thursday, October 20 featured a wide-ranging conversation about the current housing market, interest rates, and how viewers can get started on the New York City real estate ladder. Watch it here: [link]. The webinar, part of the Brownstoner Home Event Series, features… Read More > The post Watch This Free Brownstoner Webinar Video for NYC Home Buying Tips Amid Rising Rates appeared first on Brownstoner.
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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.
BubbleInfo
OCTOBER 26, 2022
How bad was it back in the day? Will it ever get this bad again? This was my first REO listing in 2008. For comparison, the home next door sold for $482,000 about a year ago.
Brownstoner
OCTOBER 26, 2022
In the News On Car-Free Streets, Many New York Restaurants Thrived [NYT] NY Parents Rip Schools After Test Scores Show Historic Covid Setbacks [NYP] Politicians Demand Fixes at Bushwick NYCHA Complex [NYDN] Surging Rents Push More Americans to Live With Roommates, Parents [WSJ] American Institute of Architects Brooklyn Chooses Design Award Jurors [Eagle] Warbasse Houses Residents… Read More > The post Daily Links: Open Streets Boosted Vanderbilt Avenue Restaurant Revenue, Report Shows
Real Trends
OCTOBER 26, 2022
In a challenging market, real estate data giant CoStar is experiencing a jump in revenue and profits over last year — and it sees a big opportunity ahead in the residential space as the property market slows. The company said on Tuesday that it in made $577 million in revenue in the third quarter , up from $499 million a year ago. The company made $72 million in profit during Q3 2022, up from $64 million in the third quarter of 2021.
The Close
OCTOBER 26, 2022
If you’re looking for an exciting new career, you might consider pursuing a Georgia real estate license. As the eighth-most populous state in the country with a growing population, it’s easy to see why Georgia is a great place to dive into real estate. The potential to make a high income and be your own boss has its perks too. If you’re over 18 and have a high school diploma, you already qualify to get your Georgia real estate license.
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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