Tue.Dec 20, 2022

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Homeowners Still Have Positive Equity Gains over the Past 12 Months

Keeping Current Matters

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices.

Equity 246
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Completion data is positive news for housing market

Housing Wire

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.

Marketing 448
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Canada’s Real Estate Bubble Is Now The Largest Ever, Correction Needed: RBC

Better Dwelling

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.

Banks 144
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Opinion: Covid helps green the building industry

Housing Wire

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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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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Buying a Condo vs. a House: Which is The Better Choice?

Maximum Exposure Real Estate

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?

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Lower mortgage rates, higher demand lead to optimism for late 2023

Housing Wire

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

Mortgages 435

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Too Hot, Too Cold or Just “Tight”

Housing Wire

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.

Mortgages 417
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Digital Marketing For Luxury Real Estate : The Google Ads & PPC Playbook

Easy Agent Pro

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

Marketing 119
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5 keys to having a profitable title operation in 2023

Housing Wire

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.

Title 397
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Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession

Realtor.com

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.

Marketing 113
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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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What to expect from homebuilders in 2023

Housing Wire

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.

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Airbnb Is Partnering With Apartment Complexes—Here’s What That Means

Bigger Pockets

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 […].

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How top LO Thuan Nguyen plans to grow his business in 2023

Housing Wire

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.

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5 Things Agents Do That Clients Think Are Lazy (+ What to Do Instead)

The Close

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.

Agents 105
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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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Wells Fargo to pay $3.7B for alleged customer abuses, including unjust foreclosures

Housing Wire

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

Banks 370
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Landmarked Duffield Street Houses Unexpectedly Sold as DoBro Development Site for $10 Million

Brownstoner

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.

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Homebuilders are leaving the cupboard bare for tomorrow

Housing Wire

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.

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Daily Links: As Emergency Housing Closes in Downtown Brooklyn, Residents Ask Where to Now?

Brownstoner

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?

Closing 105
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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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Housing market will continue to slow in 2023 despite lower rates: Fannie Mae

Housing Wire

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

Marketing 370
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Inside a Cape Cod Coastal Retreat

Sotheby's International Real Estate

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

Design 105
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The Top Coldwell Banker Press Placements of 2022

Coldwell Banker

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.

Branding 104
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10 Pros and Cons of Investing in Smart Home Technologies

Realty Biz

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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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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2022’s Top 10 News Stories for Coldwell Banker Listings

Coldwell Banker

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.

Sales 103
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USDA loan requirements: Guide for first-time home buyers

The Mortgage Report

USDA loans have some special requirements for home buyers. Learn about income limits, eligible locations, and other USDA loan requirements.

Loans 98
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Prewar Clinton Hill Fixer-Upper With Wood Floors, Picture Rails Asks $400K

Brownstoner

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.

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9 Low-Maintenance Indoor Plants

Point2Homes

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).

As-is 98
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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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Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract, One Still Available

Brownstoner

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.

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Coldwell Banker Realty Facilitates Sale of Historic Temple Sanctuary in Newark

Coldwell Banker

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.

Sales 98
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Agent to Agent Referrals: Top Four Things To Consider When Referring Your Business

Lab Coat Agents

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.

Agents 98
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Do falling home prices make it a risky time to buy?

The Mortgage Report

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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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.