Eye on Housing
DECEMBER 13, 2022
Consumer prices in November saw the smallest year-over-year gain since December 2021.While still elevated, inflation experienced the second month below an 8% annual growth rate since February 2022. However, the shelter index continued to rise at an accelerated pace and was more than offsetting decreases in energy indexes. Shelter inflation will primarily be cooled in the future via additional housing.
Housing Wire
DECEMBER 13, 2022
Inflation slowed more rapidly than expected in November, increasing the likelihood of the Federal Reserve slowing down the pace of interest rate hikes. It is very good news for the housing market, which has suffered greatly from the affects of rate hikes over the last nine months. The Consumer Price Index rose 0.1% in November from October and 7.1% year over year, according to the Bureau of Labor Statistics.
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Keeping Current Matters
DECEMBER 13, 2022
At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market.
Housing Wire
DECEMBER 13, 2022
As brokers and LOs close out a challenging year and set their sights on 2023, it could be tempting to take a pessimistic view. However, there are actionable steps and strategies they can take to ensure 2023 is as profitable as possible. HousingWire sat down with Mike Fawaz, senior vice president at Rocket Pro TPO, as he discussed how mortgage professionals should approach the upcoming year.
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Maximum Exposure Real Estate
DECEMBER 13, 2022
Is the price per square foot important? This is a question that lots of buyers and sellers want to know. In real estate, as with many things in life, the easiest solutions to a problem are not always the best solutions. Take calculating the value of a home for sale. Realtors, sellers, and buyers want […]. The post Price Per Square Foot Should Be Avoided When Calculating Market Value appeared first on Maximum Real Estate Exposure.
Better Dwelling
DECEMBER 13, 2022
Canada’s highly indebted households are in a pickle after an epic debt binge. Statistics Canada (Stat Can) data shows the household debt to income ratio (DTI) climbed sharply in Q3 2022. Canada already had some of the most highly indebted households in the world. As the ratio climbs even further, they become more vulnerable to […]. The post Canadian Household Debt Is Rising Much Faster Than Income, Approaches New Record appeared first on Better Dwelling.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
DECEMBER 13, 2022
The market giveth, the market taketh—especially during an interest rate-driven economic cycle. Statistics Canada (Stat Can) data shows household net worth made a sharp drop in Q3 2022. The quarterly decline was so sharp, it wiped out a year of headline-making growth. It was the first time annual growth turned negative since the Great Recession. […].
The Close
DECEMBER 13, 2022
Newer agents are almost always surprised when I tell them agents and brokers with killer marketing are not more talented or harder-working than they are. They aren’t luckier either. So why do some consistently crush their marketing goals while others fail? Simple. Smart Realtors create a real estate marketing plan designed for long-term growth early in their careers.
Brownstoner
DECEMBER 13, 2022
Montague Street staple Happy Days Diner closed its doors for the final time in November, ending a run of 22 years on the Brooklyn Heights block. On a walk by Monday afternoon, Brownstoner noticed that while signage for the diner is still up, the venue is definitely closed and a marshal’s… Read More > The post Happy Days Diner on Montague Street Closes After More Than 20 Years in the Neighborhood appeared first on Brownstoner.
Lighter Side of Real Estate
DECEMBER 13, 2022
If you can’t start (or get through) a day of real estate without coffee, and you like jokes as much as your cup of Joe, then you’re in for a treat! Whether you’re a fan of Starbucks, Dunkin’ Donuts, Tim Hortons, a local coffee shop, or grinding your own beans at home, we’ve compiled 10 memes you’re gonna love scrolling through…. …so grab yourself a java, and enjoy!
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.
Brownstoner
DECEMBER 13, 2022
Prospect Lefferts Gardens has a new historic district, with the Landmarks Preservation Commission voting unanimously Tuesday to designate two rows of 38 “remarkably cohesive and intact” townhouses on Parkside Avenue. The support came despite trepidation from some homeowners, with eight local residents emailing the agency in opposition to landmarking and… Read More > The post PLG’s Melrose Parkside Designated Historic District, But Some Residents Have Concerns appeared first on Br
Realtor.com
DECEMBER 13, 2022
struvictory/iStock You may be wondering how dust gets into your home after wiping a fine layer off the coffee table you swear you just cleaned the day before. It doesn’t matter if you live in the city or the burbs, dust will find its way into your home—and it’s not going away anytime soon. What to know about dust. Dust is a combination of very fine, dry particles of matter found in the local environment.
Brownstoner
DECEMBER 13, 2022
This week, a look back at four of our featured listings from six months ago focuses on homes in Sunset Park, Prospect Lefferts Garden and Park Slope. How did they fare? While not huge, this Sunset Park co-op with an efficient layout is well proportioned and boasts an entry foyer for… Read More > The post Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract, One off the Market appeared first on Brownstoner.
Realtor.com
DECEMBER 13, 2022
Getty Images Moving into a new home is supposed to be joyful. Before moving day, you may have pictured yourself spending the next several weeks painting walls , decorating, and breathing a sigh of relief after a grueling buying process. The t’s are crossed, the i’s are dotted, and you can finally chill. Congrats—you’re a homeowner!
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Brownstoner
DECEMBER 13, 2022
With its large rooms, central foyer and curved doorways, this Park Slope two-bedroom reflects design sensibilities of the early '40s. It's on the fourth floor of 44 Prospect Park West, a six-story, 55-unit building across from Prospect Park and just outside the historic district. The brown brick building has a broad… Read More > The post Park Slope Two-Bedroom With Breakfast Nook, Large Foyer, Parquet Asks $1.175 Million appeared first on Brownstoner.
Bigger Pockets
DECEMBER 13, 2022
Here are some weird but important facts. My friend and marketing expert, Perry Marshall, pointed this out: What do these buildings share in common? They’ve all been the world’s tallest […].
Brownstoner
DECEMBER 13, 2022
In the News A Brooklyn Hospital Network Battles a Cyberattack [NYT] New Yorkers Urged to Wear Masks Indoors as Covid, Flu Cases Rise [NYT] After-School Program Takes on Black Homeownership Decline [NYDN] New Graffiti Art Show Brings 25 Well-Known Artists to Downtown Brooklyn [BP] Zamperla Family Remembers Late Patriarch for Kindness, Creativity [BP] Underground Wrestling Scene… Read More > The post Daily Links: Co-op Sues View-Blocking Coney Island Development for Alleged Overbuilding
Realty Biz
DECEMBER 13, 2022
Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Foothills based in Hickory, N.C. The brokerage serves the residents of the Foothills region of western North Carolina, including Hickory, Newton, Conover, Granite Falls, Taylorsville, Maiden, Sherrills Ford, Hudson, Lenoir, Morganton, Valdese and Drexel.
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.
Sotheby's International Real Estate
DECEMBER 13, 2022
The list of accolades for Monika Haefelfinger and Scott Utterstrom’s firm XTEN Architecture runs into the dozens. The acclaimed international company based in Los Angeles and Switzerland specializes in custom contemporary constructions that combine the notorious precision of the Swiss with California’s progressive, experimental spirit. Soaring above the city of Los Angeles with the majestic Pacific Ocean in the distance, this striking residence is among XTEN’s award winners—a standing that, with
The American Genius for Real Estate
DECEMBER 13, 2022
Of all people to get in the coffee train trend (all aboard!), Tom Hanks takes it the farthest by changing lives, one sip at a time.
Realty Biz
DECEMBER 13, 2022
The need for temporary storage can increase dramatically when buying or selling a home. One of the considerations you'll need to consider is whether your belongings need climate-controlled storage. Climate controls allow your storage unit to be kept at a specific temperature. When you have climate flexibility, it helps prevent damage caused by hot and cold temperatures.
Realtor.com
DECEMBER 13, 2022
Getty Images As we grow older in our homes, things that we once loved can become a challenge. That second floor might be hard to get to (all those stairs!), the soaking tub may seem unnaturally slippery and even threatening. When a current home starts to present challenges to seniors, they often find their spaces need to be upgraded to suit their changing lifestyle.
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
DECEMBER 13, 2022
It’s tempting to believe that it just takes longer to sell now. It’s brought on by the common thought among most home sellers; “Heck, I’m in no rush, I don’t need to sell, and I’m not giving it away!” This is especially true for the higher-end homes. I’ll never forget the RSF agent a few […].
Mandrona Group
DECEMBER 13, 2022
Owning a home is an exciting time in your life, but also comes with added responsibilities and expenses. If you’re. Read More.
Bigger Pockets
DECEMBER 13, 2022
Building a short-term rental business is surprisingly simple. You buy a property, furnish it, then throw up some pictures of it onto booking sites like Airbnb and VRBO. After a […].
Realtor.com
DECEMBER 13, 2022
Realtor.com An expansive two-home property previously owned by top newspaper publisher William McClatchy has hit the market in Rancho Mirage, CA, for $3.5 million. The homes sit on an unheard-of 3 parcels totaling 1.5 acres. “The undeveloped lot could be purchased separately, but the other two have to be purchased together,” says listing agent Michael Bernal , of Berkshire Hathaway HomeServices California Properties. “There are two residences on the lot that were built in 198
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RISMedia
DECEMBER 13, 2022
By Emma Sturgis Moving into an older home can be both exciting and nerve-wracking. On the one hand, you get to give a new life to a building with some history. On the other, you never know what you’re going to find or have to fix once you actually move in. Here are some areas […]. The post Home Improvements to Make Shortly After Moving Into an Old Home appeared first on RISMedia's Housecall.
Realtor.com
DECEMBER 13, 2022
Realtor.com An odd and quirky abode in Omaha, NE, has had an artistic renovation. It’s hoping to inspire a buyer for $425,000. The 1,162-square-foot house dates to the early 1900s, when it was a carriage house for a nearby home. Local artist Eddith Buis reimagined it in 2008, when she took it down to the studs with the help of architect and artist Eddy Santamaria.
GeekEstate
DECEMBER 13, 2022
The PropTech Power List is a recently released top 50 ranking of the most influential people in property technology, published by Proptech Angel Group. To be included on the list, individuals must sell, use, or discuss technology for building owners. Influence is quantified using LinkedIn and Twitter followers. The list will be published quarterly or twice per year depending on how much movement there is in the list, and highlight movements and news about its members.
Realtor.com
DECEMBER 13, 2022
Realtor.com If you’ve always wanted to own a family compound, this could be the one. A trio of waterfront estates has splashed onto the market in Brick, NJ , for a cool $25 million—the state’s most expensive listing. The adjacent megamansions are situated on a stunning 2-acre lot, at the edge of the Metedeconk River. “The properties are each being maintained by the same housekeepers and gardeners,” says listing agent Robert Cecchini , of Keller Williams Shore Properties. R
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.
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