Housing Wire

JUNE 13, 2023

Inflation was running over 9% last year and the headline inflation growth rate has cooled off a lot recently. Does this mean the Federal Reserve will pivot soon to prevent a recession? I don’t believe they will, but the growth rate of headline inflation falling is good enough for them to pause rate hikes tomorrow. The core aspect of inflation is taking time to head lower, and this is the part of the inflation picture that the Fed cares most about.

Banks 508

Banks Mortgages As-is Marketing 508

Real Estate News

JUNE 13, 2023

Joint ventures and continuing consolidation may help MLSs better serve both subscribers and consumers.

MLS 278

MLS 278

Housing Wire

JUNE 13, 2023

Add Guild Mortgage to the list of lenders offering down payment assistance programs in order to court more buyers at a time when mortgage rates remain elevated. The California-based lender rolled out a 1% down payment advantage program this week that allows customers to buy a home with a minimum down payment of 1% of the purchase price. Guild will also cover 1% of the borrower’s interest rate for the first year with a lender-paid temporary buydown.

Loans 448

Loans Mortgages Closing Marketing 448

Real Estate News

JUNE 13, 2023

Home values are up, and so are bidding wars, according to the latest Zillow market data.

Marketing 264

Marketing 264

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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.

Development

Housing Wire

JUNE 13, 2023

As with the rest of the nation, the state of Massachusetts is looking for solutions to temper inventory shortages and high housing costs. While state lawmakers are currently debating rent control legislation as one potential answer to the issue, the Massachusetts Association of Realtors (MAR) is advocating to increase housing construction instead, according to reporting by the Massachusetts’ State House News Service.

Construction 394

Construction New Construction Agents Design 394

Real Estate News

JUNE 13, 2023

Inflation rose only slightly in May to an annual rate of 4%, down significantly from its peak of more than 9% last summer.

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Keeping Current Matters

JUNE 13, 2023

If you’re thinking about selling your house right now, chances are it’s because something in your life has changed.

Mortgages 257

Mortgages 257

Housing Wire

JUNE 13, 2023

Mortgage credit availability dropped in May, a consequence of a tougher mortgage landscape that has resulted in lender consolidation as well as high rates and limited inventory that has stretched consumer budgets. The monthly Mortgage Credit Availability Index fell by 3.1% to 96.5 last month, according to the Mortgage Bankers Association. A decline of the index, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase suggests loosening credit.

Mortgages 370

Mortgages Lending Loans Banks 370

Real Estate News

JUNE 13, 2023

Improvements to the CRM platform and app are intended to give agents a leg up with lead generation, marketing and workflow.

Agents 246

Agents Marketing 246

Housing Wire

JUNE 13, 2023

With the Federal Reserve meeting on Wednesday to discuss the federal funds rate, all eyes have been on May’s Consumer Price Index inflation data. After recording a 4.9% annual increase in April, the CPI rose just 4.0% year over year in May, before seasonal adjustment, according to data released Tuesday by the Bureau of Labor Statistics (BLS). This is the smallest 12-month increase since the year ending March 2021 and the 11 th consecutive month of inflation declines.

MLS 369

MLS As-is Industrial Closing 369

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

Inman

JUNE 13, 2023

The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates, economists said. But there are still warning signs.

MLS 158

MLS Marketing 158

Housing Wire

JUNE 13, 2023

The first quarter of 2023 proved a tough market for everyone in the housing industry, including institutional buyers of single-family rental (SFR) properties, but there are signs the second quarter of this year has been far more buoyant for these so-called “Wall Street” players. One clue to that resurgence is a $1.5 billion deal inked recently by Pretium Partners to acquire more than 4,000 single-family homes from homebuilder D.R.

Marketing 367

Marketing Investor Residential Sales 367

Inman

JUNE 13, 2023

The Array Apartments in Austin, Texas, has announced a "mandatory" curfew between 10 p.m. and 5 a.m. each night. But legal experts are skeptical such a rule can be enforced.

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Housing Wire

JUNE 13, 2023

Dallas-based Comerica Bank has decided to “organically exit” the mortgage banker finance business following the tumult in the banking industry that threatened the nation’s top warehouse lenders. The process of exiting the space, which is expected to be largely complete by year-end, is a “strategic action” to enhance Comerica’s core business focus, according to a bank’s presentation during a Morgan Stanley conference on Tuesday.

Banks 364

Banks Lending Finance Investor 364

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Brokerage

Inman

JUNE 13, 2023

The new features will allow agents to automate more of their work and better manage their deals, according to an announcement Tuesday. The goal is to help agents amid a challenging market.

Agents 148

Agents Marketing Technology Brokerage 148

Bigger Pockets

JUNE 13, 2023

A $100K “exotic plant” side hustle to over $2 million in real estate?

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126

Inman

JUNE 13, 2023

By backing its membership and ignoring bad actors, the National Association of Realtors has set itself up for government oversight and intervention, writes Revaluate co-founder Chris Drayer.

Banks 148

Banks Lending MLS Brokerage 148

Sotheby's International Real Estate

JUNE 13, 2023

Few communities so thoroughly exemplify the timeless charm of Cape Cod as Centerville, a quiet village replete with picturesque New England sights. The peaceful residential neighborhoods are dotted with iconic church steeples, delightful early-20th-century shops, docks, and yacht clubs. Steps from grassy dunes, sandy beach, and the rolling waves of Centerville Harbor and Nantucket Sound, this classic multilevel oceanfront residence displays all the hallmarks of regional style—a shingled pitched

Residential 116

Residential 116

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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.

Agents

Inman

JUNE 13, 2023

One of the more robust proptech-partner networks in the industry is now slightly more geographically minded as MoxiWorks welcomes market-intelligence firm Local Logic to its MoxiCloud.

Industrial 148

Industrial Marketing As-is Technology 148

Eye on Housing

JUNE 13, 2023

Consumer prices in May saw the smallest year-over-year gain since March 2021, mainly driven by lower energy prices. This marked the eleventh consecutive month of deceleration. While this measure aligned with expectations, core inflation remained persistent due to the increase in rent prices.

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Inman

JUNE 13, 2023

Transitioning from employee to entrepreneur is challenging, writes broker-owner Elisha Lopez. It pushes you out of your comfort zone and into a better version of yourself.

Brokerage 148

Brokerage Agents 148

Realty Biz

JUNE 13, 2023

As we sit in the heart of the 21st century, we find ourselves witness to a moment of profound transformation fueled by technology, which is leaving no stone unturned. One such technology, Artificial Intelligence (AI), has penetrated various sectors, from healthcare to education, retail to real estate. Today, let's delve into the profound impact AI is having on the real estate market, revolutionizing how the industry operates and evolves. 1.

Marketing 107

Marketing Property Management Technology Industrial 107

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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.

Agents

Inman

JUNE 13, 2023

Founded in 2020 by Blend veterans Mike Yu and Devon Yang in San Francisco, the loan origination system has rolled out a series of product upgrades since $30 million Series A.

Loans 148

Loans Technology Mortgages 148

RIS Media

JUNE 13, 2023

Above: CoStar CEO Andy Florance The discussion surrounding the real estate portals and their evolving services is growing, and CoStar Founder and CEO Andy Florance doesn’t want his company to be overlooked in the conversation, which was evident in a recent Richmond Times-Dispatch report where he unpacked plans for an ongoing expansion of CoStar’s biggest… The post In the News: CEO Exchange Presenter Andy Florance Hints at CoStar Expansion appeared first on RISMedia.

Technology 106

Technology Industrial Agents Marketing 106

Inman

JUNE 13, 2023

Judge says agent Kouri Richins presents a "substantial danger" to the public after she was charged with lacing her husband's drink with fentanyl after an argument over $2 million mansion purchase.

Agents 148

Agents 148

Brownstoner

JUNE 13, 2023

In the News Booze Tickets Surge Under Adams to 10,000 in the Past Year [NYDN] NYC Hidden Dining Gems: Bay Ridge's Ubani Georgian Restaurant [NYDN] BQE Redesign Should Save Promenade, Cover, Reduce Lanes: Survey [Eagle] Central Brooklyn Says No Thanks to 5G Towers [Patch] The B-Boys and B-Girls of Brooklyn Go for Olympic Gold [New… Read More > The post Daily Links: Heights, Dumbo Residents Want BQE Redesign to Cover Highway, Improve Air Quality appeared first on Brownstoner.

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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.

Sales

Inman

JUNE 13, 2023

Watch the new Inman Access class featuring Julia Lashay Israel to learn the importance of buyer consultations and how to build trust and rapport as a foundation for smooth transactions.

Agents 145

Agents 145

Lighter Side of Real Estate

JUNE 13, 2023

One of the biggest misconceptions about real estate agents is that they’re all rolling in dough. The truth is, no matter how successful an agent is, they all go through periods of time where they have to scrimp and save between closings. Agents only get paid when (and if!) they sell a house, and sometimes they can go months without making a cent. Once they do get paid, they obviously have to use a good chunk of it to pay their bills, and set some money aside for taxes and business expenses that’

Agents 104

Agents Closing Branding As-is 104

Realtors Property Resource

JUNE 13, 2023

RPR’s Market Trends ScriptWriter quickly generates market-specific messages. Learn how to use the copy creator as a starting point, and add your own voice to make it uniquely yours. The post How to add Your Brand Voice to RPR’s Market Trends ScriptWriter appeared first on Realtors Property Resource (RPR).

Branding 98

Branding Marketing 98

RIS Media

JUNE 13, 2023

The latest Consumer Price Index (CPI) released this morning showed inflation hitting its lowest level in over two years at 4%, providing powerful evidence that the economy is on the right track just as the Federal Reserve meets to make its next rate hike decision. Coming in lower than many expected, the CPI reading for… The post Inflation Dips to New Low Ahead of Key Fed Decision appeared first on RISMedia.

As-is 98

As-is MLS Industrial Agents 98

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