Tue.Oct 11, 2022

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What Are Experts Saying About the Fall Housing Market?

Keeping Current Matters

The housing market is rapidly changing from the peak frenzy it saw over the past two years.

Marketing 265
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The standoff between homebuyers and sellers

Housing Wire

There’s a showdown at the housing market corral between homebuyers and sellers. (Image by Brandon Johnson/HW Media.). When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

Mortgages 514
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Residential Building Wage Growth Slowing

Eye on Housing

Average hourly earnings for residential building workers* continue to rise in August but at a slower pace. Wage growth has retreated from the highest rate of 2021. The recent housing slowdown indicates that, while labor demand is still high, employers are cautious about hiring amid a slowing economy and rising interest rates. According to the Bureau of Labor Statistics (BLS).

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Mortgage Coach integrates with Insellerate

Housing Wire

Mortgage Coach , a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform. The integration streamlines the sales process by enabling loan officers to generate and customize total cost analysis loan presentations with contact data directly from the Insellerate customer relationship management and lead management dashboard, Mortgage Coach said.

Mortgages 418
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The 2025 Real Estate Roadmap to Success

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.

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Centralize Video Marketing Using Your Domain as a Hub

GeekEstate Agents & Brokers

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: WellcomeMat]. Video marketing has become a key part of agents, brokers, and real estate companies’ strategies to reach consumers. While virtual showings, floorplans, and 3d models haven’t replaced in-person showings, it has helped consumers realize they don’t need to tour every home.

Marketing 120
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Lenders One opens first branch inside a Walmart

Housing Wire

The first Walmart -based in-store branch from retail mortgage cooperative Lenders One opened this week in Newton, New Jersey. And two additional mortgage branches are expected to open in Walmarts in New Jersey and Florida within the next 30 days. Family First Funding , a Toms River, New Jersey-based retail lender, opened a branch in the Walmart in Newton on Monday, Lenders One said in a statement.

Banks 397

More Trending

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Crypto outfit Moon Mortgage raises $3.5M seed round

Housing Wire

Moon Mortgage, a crypto-backed mortgage provider, on Tuesday announced raising a $3.5 million seed round, led primarily by Cadenza Ventures and CoinFund. The funds will be utilized to finance its lending product, CryptoMortgage. Moon Mortgage’s CryptoMortgages will allow investors to take out loans against their digital assets. The product also takes the investors’ digital assets as collateral and gives 100% financing for investment properties.

Mortgages 397
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The Watcher house is real, but it’s not the one you see in the Netflix series

Fancy Pants Homes

Ryan Murphy is at it again. The man that brought us spine-chilling series like American Horror Story: Murder House , American Horror Story: Coven , and Scream Queens is back with a new terrifying tale. But this one takes him back to his journalistic roots. For those less familiar with the director’s past achievements, Murphy began his career as a journalist for several major newspapers, penning articles for high-profile local publications like The Miami Herald, Los Angeles Times, New York

As-is 111
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Yikes! Rate lock volume is down 60%, and it’s getting worse

Housing Wire

As mortgage rates rose more than 90 basis points to finish September at 6.72%, overall rate lock volumes predictably fell sharply – down 10% from August and almost 60% off levels from 2021. Falling rate lock dollar volume was driven by a 26.2% drop in cash-out refinance locks in September from the previous month, which is now down 78% from the same period in 2021, according to Black Knight ’s originations market monitor report.

Lending 397
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What In The World Is A “Final Offer?”

Toronto Realty Blog

TorontoRealtyBlog. Raise your hand if you remember the first person who won the million-dollar grand prize on “Who Wants To Be A Millionaire?” I sort of do. It was a man. Middle-aged, white, nerdy, cocky, and certainly with a flair for the dramatics. I believe the question was about which United States president appeared on a comedy show from the 70’s or 80’s.

Agents 111
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Reinventing lead generation with the Qualified Borrower program

Housing Wire

The mortgage industry needs to face the facts: today’s approach to lead generation is broken. For decades, mortgage lenders have relied on purchased lead lists to ferry in loan revenue. Unfortunately, purchased leads are expensive, and their lofty price tag does not guarantee they will convert to closed loans. Lenders can shell out lots of cash just to get a list of “tire kickers” who are not actually primed to buy a home.

Staging 397
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How solid wood floors help cultivate a luxury vibe in your home

Fancy Pants Homes

Do you want your home to feel luxurious and stylish from the second you walk in? If this is your type of vibe, you will need to style your home so that everyone else can feel this too. We are talking about having powerful and grand décor, as well as lavish furnishings. In particular, you will need to pay attention to the flooring you have. This is something that will dominate the room, and with the right choice, you can really create a luxurious vibe.

Design 110
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AEGIS Land Title acquires Capital Title of Washington

Housing Wire

AEGIS Land Title Group last week announced the acquisition of Capital Title of Washington , a boutique independent title and escrow provider operating in the greater Seattle area. Terms of the deal between AEGIS, which is owned and operated by Paul and Julie Hofmann, and Capital Title, a subsidiary of Shaddock National Holdings , were not disclosed.

Title 370
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How to Sell a House By Owner in Michigan: A Great Lakes State FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in Michigan are eager to take over the reins of their home sale and figure out how to sell a house by owner. A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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YouTube finally launches handles, introduces @username format 

The American Genius for Real Estate

Following suit of many other platforms, YouTube launches the @username format with YouTube handles - rejoice, rejoice!

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Answering sellers, ‘My neighbor sold over asking in one day, so I should too’

Real Trends

To real estate agents, it feels like the market shifted overnight, so imagine what prospective sellers are thinking! They saw neighbors received 10 offers on their house in one day, and a sale for $50,000 over asking price. Naturally, they want the same, right? So, how do you handle these situations at the listing presentation? RealTrends spoke with some experts to discuss what they’re doing to set seller expectations. “The biggest challenge right now is helping sellers understand th

MLS 104
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How To Think Like A Successful Real Estate Investor

Bigger Pockets

When I first started investing in real estate, I thought I knew what I was doing. I had not heard of BiggerPockets at the time, but I’m pretty handy with […].

Investor 101
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20 Gorgeous Instagram Bio Examples for Real Estate Agents That Inspire (+ Template & Tips)

The Close

It’s no secret that Instagram (IG) has grown in popularity with real estate agents over the past few years. Some agents are crushing it with amazing videos and carousel posts and driving more business from IG than ever. But it all starts with an Instagram bio that can grab attention. Want to snatch some of that action? We’ve scoured the Insta-verse to find fantastic real estate Instagram bios that are helping agents capitalize on their unique posts, build networks of followers for their sphere,

Agents 98
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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JPAR® MAGNOLIA GROUP RECOGNIZED AS TOP HIGH-GROWTH COMPANY ?IN SOUTH CAROLINA

Realty Biz

Real Estate, America’s #1 fastest-growing, 100% commission brokerage, is pleased to announce JPAR® Magnolia Group recognized as a top growth company by the South Carolina Business News Roaring Twenties program. This award is based on three years of business data and qualifying companies are recognized for continuous growth. The award is open to all industries across the state.

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4 ways to ease seniors’ housing transition

Real Trends

Working with seniors who are downsizing requires empathy and clear communication. If you’re a real estate professional who has a special interest in serving seniors, you get that. When working with seniors, it’s vital that you support your customers through the downsizing process. It’s what differentiates you from those who focus mainly on the sale.

Agents 90
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Tiny Homes, Huge Profits: $6,000 a Month from 1 Property!

Bigger Pockets

Life is unpredictable, and there’s no way to get around that. Instead, you have to learn to pivot and accept where you are, so you can get to where you’re […].

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Price Falls Begin to Ease Off Across the Country

Real Estate Investar

Property price declines are starting to ease off across the country, led by Sydney, Melbourne and Brisbane which all saw a decreased rate of decline last month.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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2 Ways to Minimize the Risks of Property Damage (and What to Do if It Occurs)

Realty Biz

It can be accidental or deliberate, but property damage can really mess with your business and can bring a lot of trouble if you aren’t prepared to handle it. If you are a business owner and want to ensure that your business is safe from property damage and the risks that can come from it, then here’s what you need to do. Additionally, if you find that property damage has occurred on your business and you don’t know what to do, this article will also let you know what to do if your property gets

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How Will CMLS’s White Paper Argue Against RINRA?

Notorious ROB

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh. Monthly Subscription. $ 20. Monthly. Subscribe Now. Annual Subscription. $ 200. Annually (Save $40). Subscribe Now. The post How Will CMLS’s White Paper Argue Against RINRA? appeared first on NotoriousROB.

MLS 83
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How Mortgage Rates and Lack of Supply are Hitting the Real Estate Industry

Realty Biz

Like any industry, the real estate market goes through countless ups and downs. Many of these changes are cyclical and are tied to the time of year; others, however, are more situational, such as the ones we’re experiencing right now. More exactly, changes to mortgage rate affordability and scarcity of homes for sale are having a major impact on the real estate industry.

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NSDCC September Sales

BubbleInfo

The number of NSDCC detached-home sales in September is up to 133 today, which is pretty good. There are only 138 pendings currently, but 34 sales have already closed in October so there is a decent chance that we’ll have 100+ sales this month too! The drastically-lower YoY sales will give participants the idea that […].

Sales 80
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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What are the Top Real Estate Technology Trends for 2022

Realty Biz

New real estate technology developments are constantly pushing the envelope of what it means to be a real estate professional. Smart real estate agents know that leveraging the latest technologies makes them more successful. They also know that it’s important to keep on top of the latest technology trends in their market. Here are some of the latest real estate technology trends that have been helping agents and investors so far this year. 3D Virtual Property Tours and Showings.

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4 Common Roofing Problems and How to Spot Them

RISMedia

By Lizzie Weakley The roof is one of the most crucial parts of your home, and it's important to keep it in good shape. Unfortunately, roofs can be susceptible to a variety of problems, which is why it's important to know how to spot them. Here are four common roofing problems and how to spot […]. The post 4 Common Roofing Problems and How to Spot Them appeared first on RISMedia's Housecall.

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HIGH PERFORMING TEAM IN PUGET SOUND AFFILIATES WITH BETTER HOMES AND GARDENS REAL ESTATE LLC

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate McKenzie Realty, based in Oak Harbor, WA. The newly formed brokerage serves the residents of Whidbey Island in North Puget Sound and on the mainland in Skagit, Whatcom and Snohomish counties. The firm is owned and operated by Craig McKenzie.

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Prewar With Marble Mantel, Shutters, Vintage Tile in Brooklyn Heights Brownstone Asks $729K

Brownstoner

A tidy one-bedroom on the penultimate story of a Brooklyn Heights brownstone mixes original details with fun updates, including a minimalist kitchen with white cupboards and a blue counter. It's located at 21 Monroe Place, an eight-unit co-op in an imposing five-story walkup likely built sometime around the 1870s. Originally a… Read More > The post Prewar With Marble Mantel, Shutters, Vintage Tile in Brooklyn Heights Brownstone Asks $729K appeared first on Brownstoner.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.