Homeowners Still Have Positive Equity Gains over the Past 12 Months
Keeping Current Matters
DECEMBER 20, 2022
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices.
Keeping Current Matters
DECEMBER 20, 2022
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices.
Housing Wire
DECEMBER 20, 2022
The best way to deal with inflation is always adding more supply: if you’re trying to defeat inflation by destroying demand, you’ve already lost the battle and will hurt future production. That’s why today’s housing completion data was excellent news. During a traditional recession, builders typically show lower starts, permits, and completion data.
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Better Dwelling
DECEMBER 20, 2022
Canadian real estate is in the largest bubble the county has ever experienced. RBC warns that housing affordability has eroded right across the country in November. In a research note to investors, the bank explains it’s now even harder to buy a home than during the 1980s bubble. A correction is now required to stabilize […]. The post Canada’s Real Estate Bubble Is Now The Largest Ever, Correction Needed: RBC appeared first on Better Dwelling.
Housing Wire
DECEMBER 20, 2022
The benefits of green building materials and practices have been discussed when creating our homes and workplaces for a while now. The COVID-19 pandemic required a light-speed adjustment in this direction, as our offices were locked down with stay at home orders and everyone worked away from office colleagues and technology support. Working remotely, although not a new concept, became our new normal, and hybrid and remote office environments will continue to be part of our future.
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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.
Maximum Exposure Real Estate
DECEMBER 20, 2022
House vs. Condo: What Are The Differences There are so many decisions to be made when you decide to buy your own home. For many buyers, the first initial choice must be between the two primary residential real estate purchases: a house vs. a condo. Each has advantages and disadvantages, and the experience of living […]. The post Buying a Condo vs. a House: Which is The Better Choice?
Housing Wire
DECEMBER 20, 2022
Lower mortgage rates helped to increase borrowers’ demand for home loans last week, which in turn drummed up optimism for the mortgage industry at the end of 2022. Economists believe that if the trend continues, the market will be able to improve in the second half of 2023. . “The latest data on the housing market show that homebuilders are pulling back the pace of new construction in response to low levels of traffic, and we expect this weakness in demand will persist in 2023, as th
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
DECEMBER 20, 2022
This article is part of our Housing 2022-23 forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
Easy Agent Pro
DECEMBER 20, 2022
What are Google Ads and PPC? Google Ads (formerly Adwords) is the name for Google’s suite of advertising capabilities that range from ads on Google and span across their partner sites (ie:Youtube) and even apps. According to Google , their ad platform is “designed to help businesses and marketers connect with billions of people who are finding answers on Search, watching videos on YouTube, exploring new places on Google Maps, discovering apps on Google Play, browsing content across the web, and
Housing Wire
DECEMBER 20, 2022
In March of 2020, every title company owner, leader and employee all wondered the same thing: “Will I have a job or a company in 90 days?” And then they got their answer. For more than 36 months title operations thrived, orders were at historical levels, staffs were stretched and profits were higher than likely ever before. Homes were on the market for hours and not days or weeks, and offers included “overvalue” cash inclusions of commonly hundreds of thousands of dollars.
Realtor.com
DECEMBER 20, 2022
Photo-Illustration by Realtor.com; Photos: Getty Images (2) / Realtor.com It’s like déjà vu in the housing market. Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Then, quite suddenly, the market seemed to seize up and prices and sales began falling.
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.
Housing Wire
DECEMBER 20, 2022
It’s fair to say that 2022 has been a depressing year for homebuilders. After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. All the while, builders continued to face supply chain issues , labor shortages and wild fluctuations in material costs.
Bigger Pockets
DECEMBER 20, 2022
Airbnb’s platform usually has two updates each year. One in the Summer and one in the Winter. This year’s Winter update came with a lot of cool features, like a […].
Housing Wire
DECEMBER 20, 2022
When the refi market dried up in 2022, business took a drastic turn for Thuan Nguyen, CEO of Loan Factory and the top loan originator on the Scotsman Guide for the last two years. Prior to the downturn, more than 90% of Nguyen’s business came from refinances. Nguyen says he has originated $467 million in origination volume this year, closing 1311 units by the end of November.
The Close
DECEMBER 20, 2022
Being a real estate agent is a complex career with lots of moving parts. It’s easy to get caught up in all the little details and not realize how you may appear to those around you. The last thing you want, though, is for your clients to see you in a negative light. We’ve put together a list of five things you are probably doing that your clients think are lazy and what you can do instead to make sure they see the value in what you’re doing for them.
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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.
Housing Wire
DECEMBER 20, 2022
Wells Fargo , the largest depository mortgage lender in America, has agreed to pay a civil penalty of $1.7 billion to settle multiple consent orders related to automobile lending, consumer deposit accounts and mortgage lending with the Consumer Financial Protection Bureau (CFPB). . According to the CFPB, the bank repeatedly misapplied loan payments, wrongfully foreclosed on homes, illegally repossessed vehicles and charged surprise overdraft fees, affecting 16 million customers’ account
Brownstoner
DECEMBER 20, 2022
The landmarked quartet of early 19th century houses in Downtown Brooklyn known as the Duffield Street houses recently sold for $10 million, an Instagram story posted by the listing broker revealed. The marketing and sale of the property as a development site was unexpected because the houses are landmarked. The buyers,… Read More > The post Landmarked Duffield Street Houses Unexpectedly Sold as DoBro Development Site for $10 Million appeared first on Brownstoner.
Housing Wire
DECEMBER 20, 2022
Single-family homebuilders are pulling back in a major way. The downward trend overall in new housing starts continued in November, dropping 0.5% from October to a seasonally adjusted annual rate of 1.427 million, according to a report released Tuesday by U.S. Census Bureau and the U.S. Department of Housing and Urban Development. November’s annual housing start rate was down 16.4% on a yearly basis, reflecting the continued decline in homebuilder confidence and middling sales activity.
Brownstoner
DECEMBER 20, 2022
In the News Brooklyn Pastor Arrested on Charges of Defrauding a Member of His Flock [NYT] Why Subway and Bus Fares Are Likely to Rise Next Year [NYT] Alleged Brooklyn Subway Shooter Faces 11-Count Federal Indictment [amNY] ATM Swiped From Greenpoint Cafe Follows Similar Thefts [News12] Tall Menorah Lights Up Skies in Brooklyn to Celebrate… Read More > The post Daily Links: As Emergency Housing Closes in Downtown Brooklyn, Residents Ask Where to Now?
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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.
Housing Wire
DECEMBER 20, 2022
The economy improved in the second quarter of 2022, but don’t fool yourself. The housing market will continue to slow down in 2023 , even though mortgage rates have declined recently. That’s the takeaway from a group of economists at Fannie Mae , who slashed their forecast for 2023 this week. . According to the Fannie Mae’s Economic and Strategic Research Group, the real gross domestic product (GDP) is expected to grow 0.4% in 2022 and drop 0.5% in 2023, a slight improvement from the previous fo
Sotheby's International Real Estate
DECEMBER 20, 2022
Life on Cape Cod affords seemingly endless activities and allures—from clam bakes and coastal bonfires to chasing bass and blues from private boats and piers. The distinctive homes of the area, designed to make the most of their enviable environs, are also attractions in their own right. This inspiring 4,210-square-foot residence perched on the verge of Popponesset Bay is a shining modern example of the local vernacular, with its timeless wood shingles, pitched rooflines, plentiful windows, cent
Coldwell Banker
DECEMBER 20, 2022
The 2022 real estate market was a wild ride, and the news media was excited to cover it! Here are the top 10 Coldwell Banker brand stories of the year. The post The Top Coldwell Banker Press Placements of 2022 appeared first on Coldwell Banker Blue Matter.
Realty Biz
DECEMBER 20, 2022
Technology has changed the way we live and go about our everyday duties. And that’s particularly obvious in our homes. Over the past decade, smart home technology has become more common and can now be spotted just about anywhere. These smart home devices can be appealing and make life a little easier. But there are also some drawbacks to having your home entangled in so much technology.
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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.
Coldwell Banker
DECEMBER 20, 2022
From Palm Desert’s most expensive home sale ever to a truly haunted house, these are the rarest Coldwell Banker gems of the year from coast to coast. Did your favorite make the list? The post 2022’s Top 10 News Stories for Coldwell Banker Listings appeared first on Coldwell Banker Blue Matter.
The Mortgage Report
DECEMBER 20, 2022
USDA loans have some special requirements for home buyers. Learn about income limits, eligible locations, and other USDA loan requirements.
Brownstoner
DECEMBER 20, 2022
The right buyer will need to have the vision and energy for a complete reno and have an income that fits the requirements for this Clinton Hill walk-up apartment. It is on the third floor of 116 Cambridge Place, an early 20th century flats building that is now an income-restricted… Read More > The post Prewar Clinton Hill Fixer-Upper With Wood Floors, Picture Rails Asks $400K appeared first on Brownstoner.
Point2Homes
DECEMBER 20, 2022
9 Low-Maintenance Indoor Plants - Point2 News. Houseplants add a splash of color and a beautiful touch of nature to any home. And even though not all of us are blessed with a green thumb , there are plenty of beginner-friendly options out there that anyone can enjoy. Here are nine of our favorite low-maintenance indoor plants. 1. Devil’s Ivy (Pothos).
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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.
Brownstoner
DECEMBER 20, 2022
This week, a look back at four of our featured listings from six months ago focuses on homes in Marine Park, Prospect Lefferts Gardens, Boerum Hill and Clinton Hill. How did they fare? For the buyer who sees the potential, this Marine Park single-family has period details, including a rumpus room,… Read More > The post Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract, One Still Available appeared first on Brownstoner.
Coldwell Banker
DECEMBER 20, 2022
Brokers Yvonne Taylor and Eulondia Reese-Turner Complete Sale of Landmark Church. The post Coldwell Banker Realty Facilitates Sale of Historic Temple Sanctuary in Newark appeared first on Coldwell Banker Blue Matter.
Lab Coat Agents
DECEMBER 20, 2022
Building a successful real estate career takes a lot of time and dedication. Throughout the years of doing business, smart agents realize how important it is to maintain a stellar reputation with their clients and preferred partners. It’s all about the consumer experience and the same applies when structuring a successful agent to agent referral business.
The Mortgage Report
DECEMBER 20, 2022
Falling home prices could seem like good news for buyers at face value. But is it risky to buy when the market is trending down?
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