Housing Wire
SEPTEMBER 29, 2022
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. The Pending Home Sales Index has declined for nine out of the past 10 months.
Keeping Current Matters
SEPTEMBER 29, 2022
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 29, 2022
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. . According to former top executives and business partners, FoA signed a letter of intent to sell its forward mortgage retail business to competitor Guaranteed Rate , but negotiations are still in progress and remain fluid.
The Close
SEPTEMBER 29, 2022
We at The Close love Halloween! Not only is it the kickoff to the fall season with cooler weather and all things pumpkin spice, but it’s also that time of year to dress in costume, enjoy bite-sized candies, and stir up some screams with Halloween real estate marketing ideas. Fall is typically a great time to focus on a few marketing strategies to refill your pipeline after the busy summer rush.
Advertisement
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.
Housing Wire
SEPTEMBER 29, 2022
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. The company issued pink slips to 75 employees last week, about 20% of its workforce, citing the “current economic environment that has challenged the entire mortgage market.” “The reduction was done to ensure that the company maintains the proper staffing level required to meet current and anticipated non-QM demand,”
Realty Biz
SEPTEMBER 29, 2022
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. Here are five tips to help ensure your renovation project goes smoothly and achieves the desired results.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
SEPTEMBER 29, 2022
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. Beginning in March, we have now had five interest rate increases with three of them being three-quarter-point hikes. Interest rates have not risen this fast and this high since the 1980s.
Housing Wire
SEPTEMBER 29, 2022
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. It was also down 66% compared to the same week in 2021. The refinance index fell 11% from the previous week and was down 84% from the same week in 2021.
Real Trends
SEPTEMBER 29, 2022
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. With a deficit of 4 million available homes, during a low-interest mortgage period, and with a pandemic sending families on a search for more space to work from home and home school their children, h
CT Homes
SEPTEMBER 29, 2022
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. A home or residential property appraisal helps establish a home’s market value, or the likely sales price that the property would fetch if offered in a competitive real estate market. There is value in arranging for a home appraisal as both the buyer and seller – understanding the home’s value can tremendously influence the selling price one way or a
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.
Tom Ferry
SEPTEMBER 29, 2022
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. NOW is the time […]. The post My End-of-2022 Challenge to Prepare Yourself for Your #BestYearEver in 2023 appeared first on Tom Ferry.
The American Genius for Real Estate
SEPTEMBER 29, 2022
Pending home sales are down slightly for the month but dramatically for the year, marking a needed cooldown in the market.
Lighter Side of Real Estate
SEPTEMBER 29, 2022
No matter what the market is like, it’s always important to price your home appropriately. Even over the past few years, when houses were all seemingly selling over asking price within hours of hitting the market, you couldn’t sell your house for more than buyers were willing (or able) to pay for it. But there was a little more room for error when listing a little too high.
Brownstoner
SEPTEMBER 29, 2022
A new seven-story apartment building will rise at 625 New York Avenue in East Flatbush, the site of the longstanding, family-run Kings County Nurseries, building department records show. The beloved nursery and landscaping business was opened by the Merola brothers in 1955 and has since been run by generations of the… Read More > The post Kings County Nurseries and Parking Lot to Be Replaced by Two Seven-Story Apartment Buildings appeared first on Brownstoner.
Advertisement
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.
Real Trends
SEPTEMBER 29, 2022
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. That’s the most volatile three-month period since 1987, when mortgage rates swung wildly after surging to a record high of nearly 19% earlier in the decade while the Fed worked to quell severe inflation
The American Genius for Real Estate
SEPTEMBER 29, 2022
One unanimous vote for a horrible Instagram feature would be the pesky long, broken-up stories - now, there's a fix for that.
Bigger Pockets
SEPTEMBER 29, 2022
Reaching financial freedom doesn’t mean grinding away for decades to finally retire. It may only take a couple of deals for you to create enough traction to quit your W2 […].
Sotheby's International Real Estate
SEPTEMBER 29, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. . Koh Samui, Thailand | List Sotheby’s International Realty. This villa is the jewel in the crown of Koh Samui. Perched at the very top of the estate and commanding complete 360-degree views, this architectural marvel is one of the most spectacular homes on the island.
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.
Bigger Pockets
SEPTEMBER 29, 2022
Over the last 4-5 months, there has been a shift in short-term rental bookings. Some are attributing the dip in bookings to Airbnb’s redesign of its website. Others are blaming […].
Brownstoner
SEPTEMBER 29, 2022
This massive circa 1870s Carrol Gardens brownstone certainly catches the eye with some impressive original interior details, five apartments, parking and one of the deep front gardens that are a hallmark of the neighborhood. It also boasts an equally eye-popping asking price of $13.995 million. Since it sits on a… Read More > The post Grand Carroll Gardens Brownstone Asking $13.995 Million Could Be Razed for Apartments appeared first on Brownstoner.
BubbleInfo
SEPTEMBER 29, 2022
I am running short on videos – there are fewer homes for sale, and the list of homes worthy of a video is even shorter. We saw this one a couple of months ago, and it just closed on September 16th for $3,600,000, which was $100,000 over list. Knowing that, the video might be more […].
Brownstoner
SEPTEMBER 29, 2022
In the News The Collaborative Brooklyn Studio Reimagining Lighting Design [NYT] At Burg’s Laser Wolf, Skewers, Dips and Vibes Are on the Menu [NYT] NYC Recruits Rachael Ray to Create Plant-Based School Lunch Recipes [NYP] Huge City Role in Crown Heights to Modernize the Children's Museum [Eagle] Great Irish Fair Holds 41st Annual Celebration in… Read More > The post Daily Links: Jail for Landlord After Fatal Fire in Illegally Subdivided, Unheated Flatbush Building appeared first on Bro
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.
BubbleInfo
SEPTEMBER 29, 2022
If mortgage rates around 7% weren’t bad enough, today we are experiencing another major setback to the San Diego real estate market. Florida has been one of the main destination points for those moving away from here. How many people who were planning to leave San Diego next year are second-guessing their plans now. Would […].
Brownstoner
SEPTEMBER 29, 2022
You will be able to drool over the details of some Bed Stuy architectural details in the privacy of your own home again as the annual Brownstoners of Bedford-Stuyvesant house tour returns for its 44th year with another virtual event. The tour, which once again this year has a theme of… Read More > The post Bed Stuy House Tour Stays Virtual for the 44th Annual Event in October appeared first on Brownstoner.
Real Trends
SEPTEMBER 29, 2022
Now’s your chance to have the coolest real estate Avatar in the metaverse. Propy launched the first NFT (non-fungible token) Avatars designed specifically for real estate and Metaverse fans. The limited-edition “MetaAgents X Shredders” NFTs were created by artist Dan Weinstein. The project’s advisors include real estate influencers and industry forward-thinkers Tom Ferry , Tony Giordano, Alvaro Nunes, Tony Edward, ThinkingCrypto, Zach Aaron, MetaProp, among others. . “If you love cry
Lab Coat Agents
SEPTEMBER 29, 2022
Are you brokerage looking to see the high level activity of what your agents are doing when it comes to buying and selling real estate? Data driven insights combined with predictive analytics is the future and this is how you can best utilize Brokerage Suite to help you and your agents business grow. What Is Brokerage Suite? Brokerage Suite is a set of tools that enable brokers to better see what their agents are doing and provide insights for their agents to make better decisions.
Advertisement
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.
Louisville Homes
SEPTEMBER 29, 2022
Having an RV toilet that’s functional, well-built, and works flawlessly will make every trip more enjoyable and relaxing. There are a lot of choices out there, and many even seem identical to one another. Let’s take a closer look at options to know which RV toilets are really the best and worth investing in. General Types of RV Toilets. Hope this list of general toilet types with pros and cons will make your choice easier. 1.
Enertiv
SEPTEMBER 29, 2022
Last week, we explored how integrating maintenance data into the capital planning process can lead to better outcomes in terms of deferring expenditures in a more systematic way. With interest rates rising, that is becoming increasingly important. But equipment will have to be replaced at some point. It can no longer be about getting the system that’s going to last the longest, or that the chief engineer is most familiar with.
Lab Coat Agents
SEPTEMBER 29, 2022
iBuyers (or instant buyers) and Power Buyers are changing the traditional real estate game, but are they friend or foe? As reported by Realtor.com , according to a recent survey from Clever Real Estate, while 65% of homeowners are open to selling their home with an iBuyer, 72% of would still prefer to work with a real estate agent when requesting offers from iBuyers.
Mashvisor
SEPTEMBER 29, 2022
Wondering about Orlando housing market predictions for next year? Let’s look at some facts in this article and see what we can expect.
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.
Expert insights. Personalized for you.
351 
Let's personalize your content