Thu.Sep 29, 2022

Pending home sales down nearly 25% from 2021 in August

Housing Wire

Pending home sales continued to drop in August, recording a 1.0% month-over-month decline that resulted in an index reading of 88.4, according to data released Wednesday by the National Association of Realtors. In July , the index fell 1.0% after recording an 8% drop in June.

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Why You Should Consider Condos as Part of Your Home Search

Keeping Current Matters

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. First Time Home Buyers For Buyers Housing Market Updates

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FoA plans to sell retail division to Guaranteed Rate, close wholesale channel: sources

Housing Wire

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. .

New Homes Built with Private Wells and Individual Septic Systems in 2021

Eyes on Housing

According to NAHB Economics analysis of the Survey of Construction (SOC) data, almost 9% of new single-family homes started in 2021 are served by individual wells and 16% have private septic systems.

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

Don’t miss these 4 breakout sessions at HW Annual Oct. 3-5

Housing Wire

The entire agenda at HousingWire Annual is jam-packed with informative speakers and invigorating panels. Included in this agenda are also four, breakout sessions that cover different key parts of the housing sector.

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 MAXEX seeks to capitalize on expanding non-QM market

Housing Wire

MAXEX , a major mortgage trading and aggregating platform, has unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market.

The Role of a Probate Realtor® And When You Need One

HomeLight

When a homeowner dies intestate (without a will), it can trigger a lengthy legal process called probate. During this legal process, a court sorts through a deceased person’s property and determines which assets belong to whom.

HW+ Member Spotlight: Tammy Richards

Housing Wire

This week’s HW+ member spotlight features Tammy Richards, CEO at LendArch. She has held leadership positions at Bank of America and Caliber Home Loans , and most recently served as chief operating officer at loanDepot.

5 Tips for a Successful Home Renovation

Realty Biz

If you’re in the process of planning a home renovation, you’re likely feeling both excited and anxious. Renovations can be a great way to update your home and add value to it, but they can also be tricky and expensive if not done correctly.

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff

Housing Wire

Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility.

Pending home sales down 24.2% from last August

The American Genius for Real Estate

Pending home sales are down slightly for the month but dramatically for the year, marking a needed cooldown in the market. Real Estate Big Data NAR pending home sales Real Estate News

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Mortgage demand falters as rates inch past 7%

Housing Wire

Demand for mortgage loans dropped following the Fed’s decision to raise interest rates by an additional 75 basis points last week. The market composite index, a measure of mortgage loan application volume, declined 3.7% for the week ending September 23, compared to the previous week.

The latest Instagram stories update has us all overjoyed

The American Genius for Real Estate

One unanimous vote for a horrible Instagram feature would be the pesky long, broken-up stories - now, there's a fix for that. Real Estate Marketing Social Media instagram Real Estate News Stories

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff?

Housing Wire

Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility.

16 Living Room Remodel Tips to Design Your Perfect Space

Redfin

A living room remodel can take many forms, from a simple refresh to a complete gut job.

Mortgage demand falters as rates inch past 7%

Housing Wire

Demand for mortgage loans dropped following the Fed’s decision to raise interest rates by an additional 75 basis points last week. The market composite index, a measure of mortgage loan application volume, declined 3.7% for the week ending September 23, compared to the previous week.

How Interest Rates are Impacting Buyers and Sellers

Realty Biz

Home sales are a part of the economy that is affected fast and significantly when the Federal Reserve raises interest rates. Buyers are directly and immediately impacted but sellers are also seeing the fallout.

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

Why your homebuyers should never skip the home inspection

Real Trends

The wild ride that caused a home buying and selling spree became a bit of a noticeable issue in the home inspection industry around the third quarter of 2021. It became more apparent in the fourth quarter of that year and by the first and second quarter of 2022, it was a full-blown dilemma of sorts.

6 Different Types of Home Inspections to Consider When Buying a House

Realty Biz

When you’re buying a house, it’s important to have it inspected to ensure that there are no major problems that could end up costing you in the future. There are different types of inspections that you can choose from, and each has its own advantages and disadvantages.

Real estate experts speak out about volatility of mortgage rates

Real Trends

The typical house hunter who started searching in July and closed the deal on their new home in September saw their potential mortgage rate fluctuate by roughly half of a percentage point every four weeks, according to a new report from Redfin , the technology-powered real estate brokerage.

What is a Home Appraisal? Everything to Know Before Buying or Selling a Home

CT Homes

When selling or buying a home, the topic of whether or not a home appraisal should be completed is bound to come up at some point or another.

The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

Canada’s New Homes Are 80% More Likely To Be Landlord Owned Since 2001

Better Dwelling

Canadian real estate owners are doubling down on their windfall and becoming landlords. Statistics Canada (Stat Can) Census 2021 data reveals a boom in new homes used as rentals. Low rates have helped investors outcompete first-time homebuyers, as institutions have warned.

My End-of-2022 Challenge to Prepare Yourself for Your #BestYearEver in 2023

Tom Ferry

Let’s Make 2023 the #BestYearEver for Real Estate Agents! Want to finish 2022 strong and set yourself up for big things in 2023? As we cross into Q4 in a couple days, I hope you realize that most of the actions you’re taking today won’t be reflected in your 2022 ledger.

Rolling in Too Many Homes? Adele Lists One of Her Beverly Hills Mansions for $12M

Realtor.com

MLS via Realtor.com / Getty Images Adele Laurie Blue Adkins , who is known more simply as Adele , will be rolling with less real estate once she sells her chic Hidden Valley Estates home in Beverly Hills, CA. The singer and songwriter recently listed the place for $12 million.

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The Murdoch family’s lavish homes and vast real estate empire

Fancy Pants Homes

As one of the richest people alive, one would expect Rupert Murdoch to have a lavish real estate empire. And being the 31st richest person in the United States and the 71st richest in the world, he most certainly does. With a net worth of $21.7

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Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!