Housing Wire
OCTOBER 28, 2022
Pending home sales continued their downward spiral in September, recording a 10.2% month-over-month decline that resulted in an index reading of 79.5, according to data released Friday by the National Association of Realtors. This is the fourth consecutive month of declines. Pending home sales have now fallen in 10 of the last 11 months. Economists predicted that pending home sales would drop by 4.0% in September.
Keeping Current Matters
OCTOBER 28, 2022
Some Highlights. Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and connect with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different.
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Housing Wire
OCTOBER 28, 2022
More than 18 months after the planned merger was announced, Flagstar Bank and New York Community Bank on Friday received approval by the Office of the Comptroller of the Currency. The depository banks, which first announced plans 19 months ago, extended their agreement to merge from Oct. 31 to Dec. 31, but still require the approval of the Federal Reserve.
Eye on Housing
OCTOBER 28, 2022
NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that new home sales financed through FHA numbered 11,000 and accounted for 7.5% of the total in Q3 2022–the smallest share since the fourth quarter of 2007. The share has dropped by nearly two-thirds since the spring of 2020. In contrast, the share.
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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.
Housing Wire
OCTOBER 28, 2022
All Things Housing. HousingWire Annual is where the community from across the housing ecosystem comes together to share strategies, drive business, discover new technologies, discuss best practices, and meet industry leaders. During this year’s conference, content spoke to questions about the economy, how to build a winning team, and attract a community of loyal customers.
Eye on Housing
OCTOBER 28, 2022
For the second straight quarter, more prospective buyers expect housing availability to improve. In the third quarter of 2022, 37% of buyers expect the home search to get easier in the months ahead, up from 17% and 22% in the first and second quarters of the year, respectively. More for-sale inventory and less competition from buyers priced-out by higher mortgage.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
OCTOBER 28, 2022
The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.4% in September, the eighth consecutive monthly increase of this year. Gains in personal income are largely driven by increases in compensation of employees and personal income on assets. Real disposable income, income remaining after adjusted for taxes and inflation, stayed flat in.
Housing Wire
OCTOBER 28, 2022
Former employees at Finance of America Mortgage LLC (FAM) are transitioning to American Pacific Mortgage (APM), as the company will shut down by the end of the year, a source with knowledge of the process told HousingWire. . Specifically, California-based APM has hired former FAM staff members in Northern California offices, the source said. The same source explained that there’s no transfer of assets nor is there a merger and acquisition (M&A) transaction. . “As a matter of
The American Genius for Real Estate
OCTOBER 28, 2022
Will you read this article? According to the latest research, if you got as far as reading that question, the answer is more likely to be yes.
Housing Wire
OCTOBER 28, 2022
Mortgage lender Homestar Financial Corporation on Friday announced appointing Gurp Bhandal as executive vice president of national production. Bhandal’s professional career spans more than 20 years in financial services. Prior to HOMESTAR, he served as the executive vice president of retail production at AmeriSave Mortgage Corporation and area lending manager roles at Citi.
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.
Fancy Pants Homes
OCTOBER 28, 2022
As one of the most successful women in Hollywood, it seems like there’s nothing Gwyneth Paltrow can’t do. From starring in the biggest Marvel blockbusters to launching her wellness and lifestyle company, Goop, to landing a Netflix show centered around her company’s philosophy, the Iron Man actress is downright unstoppable — and raking in millions of dollars in the process.
Housing Wire
OCTOBER 28, 2022
One of the biggest benefits of social media for real estate agents and mortgage brokers is the ability to highlight your success stories to connect with clients. Buyers and sellers are spoiled for choice when it comes to finding an agent or lender, so the more you’re able to stay top of mind the more they will remember you when they need you. This panel will explore best practices to capitalize on the tremendous potential of having loyal followers including regulations you need to be aware
Coldwell Banker
OCTOBER 28, 2022
Extra, extra! Read the top 10 news items that ran in October from several major announcements at Coldwell Banker's Gen Blue Experience that took place October 24-26 in Phoenix, AZ. The post Top 10 Coldwell Banker Stories of Gen Blue 2022 appeared first on Coldwell Banker Blue Matter.
Housing Wire
OCTOBER 28, 2022
We’ll take a look back at 2022 and into 2023 from a marketing strategy standpoint. With rising rates, inflation, a complete switch to purchase and continued inventory constraints there will be a lot for our panel to talk about. Watch the full session below. To go back to the full HousingWire Annual 2022 on demand page, go here. Panelist: Rick Webster, Chief Marketing Officer, Lender Price Amy Moses, Vice President, Marketing & Communications, EscrowTab Sara Holtz, VP, Demand Marketing and Co
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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.
Sotheby's International Real Estate
OCTOBER 28, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Los Angeles, California | Sotheby’s International Realty – Pacific Palisades Brokerage. Comedian Carol Burnett used the 13th floor unit at the Wilshire as a pied-à-terre. Carol Burnett’s Longtime Los Angeles Home Lists for $4.2 Million – Wall Street Journal.
Housing Wire
OCTOBER 28, 2022
We’ve all see the stats around the power of having women in leadership. But where are the companies putting this into action? And what does it looks like to have an ally in the C-Suite? These executives share personal accounts on how they’ve taken those stats and put them into practice. Watch the full session below. To go back to the full HousingWire Annual 2022 on demand page, go here.
The American Genius for Real Estate
OCTOBER 28, 2022
Home sales are sliding after an overheated 2021, will this trend continue?
Housing Wire
OCTOBER 28, 2022
Mary Ann McGarry talks to Sarah Wheeler about the importance of confidence, creating value, and taking on challenges in this Fireside chat. McGarry also talks about the current market and the importance of optimism in the current market. Watch the full session below. To go back to the full HousingWire Annual 2022 on demand page, go here. Panelist: Sarah Wheeler, Editor in Chief, HW Media Mary Ann McGarry, Chief Executive Officer, Director, Guild Holdings Company.
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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.
Realty Biz
OCTOBER 28, 2022
The year is 2022, and if you haven’t put a good amount of thought into your digital footprint, it’s time to adapt. Technology has changed the way properties are bought, rented, and sold. The global pandemic has accelerated the rate at which that technology is being adopted in the housing industry. Now more than ever, your clients are using online tools to help them in the home-buying and home-renting process.
Housing Wire
OCTOBER 28, 2022
We’ve assembled a powerhouse panel of marketers who have walked the path many in the industry may find themselves on to share their experience of developing and executing a marketing strategy after a merger or acquisition. This is a discussion among marketers for marketers about the key things you should consider, will have to overcome and seek guidance on to successfully brand a newly combined company.
HomeLight
OCTOBER 28, 2022
Disclaimer: This post is meant to be used for educational purposes. Links and mentions of Florida flat fee MLS companies in this post do not constitute an endorsement. Individual program details can change — please visit a provider’s website for the most current information on rate packages, fees, service areas, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.
Housing Wire
OCTOBER 28, 2022
You may have noticed a problem with the age-old “problem/solution” formula for driving action from your messages and marketing: it doesn’t always work! That’s a big issue when your job, and maybe even your business, depends on your content converting customers and clients. Unfortunately, presenting only the audience’s problem and your solution misses an important fact about them: your audiences aren’t rational decision-makers, they’re rationaliZING decision-makers.
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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.
Toronto Realty Blog
OCTOBER 28, 2022
TorontoRealtyBlog. Oh man, have I got some weird ones for y’all today! Feel free to tell me that today represents “quantity over quality,” but sometimes the message is better conveyed by showing you a whole lot of crazy, rather than one example of insane. Where do we start? Well, it’s almost Halloween, so how about something spoooky?
Housing Wire
OCTOBER 28, 2022
The topic of work-life balance can be particularly challenging for women in the workplace as much of the responsibilities in the home sits on their shoulders in addition to the demands of a competitive career. Panelists will discuss the challenges of balancing work and life and share insights on how they have managed to build successful and growing careers while attempting to limit sacrifices made in their personal lives.
Bigger Pockets
OCTOBER 28, 2022
Is the 1% rule in real estate still relevant? Who shouldn’t be buying turnkey rentals? And why is an escrow account favorable for scaling real estate investors? All these questions […].
Keller Williams
OCTOBER 28, 2022
From freezes in Texas, to wildfires out west, to hurricanes in the east, and everything in between, it’s safe to say the weather is getting a little unpredictable these days. While meteorologists and Magic 8-Balls may not have all the answers, there are some steps your clients can take in order to prepare themselves and their property for various weather events.
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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.
Realty Biz
OCTOBER 28, 2022
Your home has been on the multiple listing service for much longer than you think it should be, it is costing you money, but you've not seen your agent do much more. They are late and ill-prepared for the open house. Maybe they show some sort of unprofessionalism. There are numerous reasons why you may want to hire a new realtor. Perhaps you feel like a transaction rather than a person.
Brownstoner
OCTOBER 28, 2022
On a walk by the usually popular and lively Cafe Tucum in Bed Stuy on Friday morning, we were sad to see a marshal’s notice posted to the door and a completely empty interior. The phone line for the cafe has been disconnected, and we didn’t have any luck trying to… Read More > The post Landlord Evicts Popular Brazilian Hangout, Cafe Tucum, From Bed Stuy Building appeared first on Brownstoner.
Realty Biz
OCTOBER 28, 2022
When it comes to technology and the real estate market, Proptech has been hailed as the latest, most disruptive force. Some of the most recent popular Proptech include Roofstock , a platform that makes single-family rental investing as simple and hassle-free as possible, as well as Nobul which offers a one-stop-shop tech-focused solution for both real estate agents and home buyers alike.
Real Trends
OCTOBER 28, 2022
If you’re a real estate professional in the south, it’s time to break out your CRM and start contacting everyone in your database. According to the National Association of Realtors Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, the South PHSI retracted 8.1% to 97.0, a drop of 30% from September 2001.
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