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 210
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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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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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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 410
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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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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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 394

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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.

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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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UWM’s Mat Ishbia is reportedly purchasing the Phoenix Suns

Housing Wire

Ownership of the Phoenix Suns basketball team will soon be switching hands. Billionaire mortgage executive Mat Ishbia is finalizing a purchase of the Phoenix Suns franchise in the near future, according to ESPN reporter Adrian Wojnarowski. Ishbia is chairman and CEO of Michigan-based mortgage lender United Wholesale Mortgage (UWM). He purchasing the franchise, which includes the Phoenix Suns and the Phoenix Mercury WNBA team, from Robert Sarver.

Mortgages 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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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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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

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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?

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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 368
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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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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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‘Harry & Meghan’ was filmed in this stunning $33.5 million Montecito house

Fancy Pants Homes

Prince Harry and Meghan Markle have once again taken the world by storm. The ex-royals’ newly released Netflix documentary Harry & Meghan — part of a multiyear production deal with the streaming giant which is estimated to be worth north of $100 million — is the talk of the town. In fact, it’s the talk of all towns around the world, and Netflix’s biggest documentary debut ever, according to The Guardian.

As-is 105
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2023 Forecasts

BubbleInfo

The 2023 real estate forecasts keep coming in. With the radical change in market conditions, the annual statistics are going to look dramatically different from the more recent activity – look at these differences in home sales between La Jolla and Carlsbad. NSDCC 2022 Annual Sales, and Sales Since Nov 1st: Data Point Jan 1-Dec […].

Sales 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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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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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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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).

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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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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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Avoid a Blizzard Blunder! Here’s How To Protect Your Home From a Snowstorm

Realtor.com

Getty Images Yes, it’s beginning to look a lot like winter. Frigid cold weather is making its way across the country, dropping heavy amounts of snow in the central and eastern states. Many homeowners are bracing for the impact that continuing inclement weather can have on their property. So, have you taken all the necessary precautions to protect your home from the perils of a snowstorm?

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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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 94
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Climate Risk Analysis: A New Tool for Real Estate Professionals to Use?

Realty Biz

In the real estate sector, there are dozens of different tools that real estate professionals use every day to help grow their businesses. These tools vary from those associated with marketing and advertising, climate relationship management , and ways to make MLS listings as effective as possible, such as the inclusion of virtual 3D imaging data for properties.

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$1.6M Cinderella-Style Castle in New York Is Out of a Fairy Tale—but It May Be Haunted

Realtor.com

Realtor.com If you’ve always dreamed of living in a fairy-tale castle, and aren’t afraid of a few friendly ghosts, then we have just the home for you. Priced at $1,649,000 (reflecting a $100,000 discount from when it came on the market in November) and located on a private, 2-acre lot in the Westchester County village of Irvington, NY , this five-bedroom, 3,500-square-foot castle comes with a one-of-a-kind story that begins in the Roaring ’20s.

Staging 85
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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 92
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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Purple Reign? Pantone’s 2023 Color of the Year Reveals a Royal Trend

Realtor.com

Photo courtesy of JASMIN REESE INTERIORS via Houzz / Getty Images / Pantone Pantone just announced its 2023 Color of the Year. And for the third time in seven years, the hue is something you could describe as a shade of purple. The new top color: Viva Magenta! While the shade is more pink-leaning than its purplish predecessors (including last year’s winner, Very Perri , and 2018’s Ultra Violet), it’s still a bold plum that pulls in both red and blue hues.

Design 78
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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.

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Escaping the “Grind” through Van Life and Cross-Country Investing

Bigger Pockets

How far can you go? What are your “limits” in life? For most people, it’s easy to get discouraged by everyday barriers, but for today’s guest, not letting limits define […].

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Whee! Call Dibs on This Texas Megamansion With a Hidden Waterslide for $20M

Realtor.com

Realtor.com A marvelous mansion in Southlake, TX , is so big and bountiful, it even caught the eye of Tracy Tutor from Bravo’s “Million Dollar Listing Los Angeles.”. She’s co-listing the 31,234-square-foot property , built in 2016 and located on the outskirts of Dallas , with Breah Brown. Both are with Douglas Elliman Realty. “My clients’ experience in construction really leads to the quality of the architecture and the actual build-out for this house,” Tutor says of the homeowners.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.