Sat.Oct 21, 2023

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New listings data unfazed by 8% mortgage rates

Housing Wire

The haunted house ride with the bond market and mortgage rates continued this week, but one housing data line hasn’t been spooked. New listing data appears unafraid of the mortgage rate ghost story over the last few months. Unlike last year, when new listings data had a noticeable move lower once mortgage rates reached 6%, 8% mortgage rates haven’t had any noticeable impact on the latest new listings data.

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NAR might have more paths to victory in commissions cases

Real Estate News

Defendants presented opening arguments during week one of the Sitzer/Burnett trial. An industry lawyer sees two additional ways they might prevail in court.

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Seeing Greene: Inherited Houses, HELOC Risks, and Our Favorite 2-Star Review

Bigger Pockets

About to take out a HELOC to buy an investment property? This could be a move you regret for years, ESPECIALLY if you’re doing this in 2023.

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Brokerage Beat: News from United, KW, Engel & Völkers, eXp

Real Estate News

United DFW merges with Insight Realty; Keller Williams expands to Curaçao; E&V adds a third shop in coastal Massachusetts; eXp gains Missouri team.

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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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Glamorous Glass: 3 Homes with Eye-Catching Stained-Glass Windows

Sotheby's International Real Estate

Whether it accents a home’s façade or provides a splash of unexpected color in a tucked-away interior space, stained glass transforms light into vivid, glowing hues, creating details that are visually striking and vibrant. Timeless Elegance in Russian Hill Carol Goldberg | Sotheby’s International Realty – San Francisco Brokerage Meticulously restored, this 1915 Russian Hill residence is an ideal setting for sophisticated living and entertaining with iconic views of the Golden Gate Bridge

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Things Builders Should Know About Spec Home Loans

Realty Biz

First-time Spec house builders need to understand the nuances of financing to ensure successful projects. From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Builders must also consider budgeting, obtaining licenses, and working with lenders and intermediaries. Development financing for larger new construction projects and alternative financing approaches should also be considered.

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More Trending

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13 Best Rental Home Sites: How to Find a House to Rent

Maximum Exposure Real Estate

What Websites to Use to Find a House to Rent Are you looking for the best site to search for rental homes? You’re probably looking for houses to rent nearby. When looking for a rental house for your next move, it can be challenging to know where to start. While there seem to be countless […] The post 13 Best Rental Home Sites: How to Find a House to Rent appeared first on Maximum Real Estate Exposure.

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Waco Housing Market: Home Prices, Sales, Forecast 2023

Marco Santarelli

Waco Housing Market: Home Prices, Sales, Forecast The Waco housing market is experiencing changes in 2023, with decreases in sales volume and home prices. The increase in months of inventory suggests a shift towards a more balanced market. Job growth in Waco has been positive, but the rise in the unemployment rate is a point of concern. Waco Housing Market Report Let's dive into the latest housing data for Waco, Texas, sourced from Texas REALTOR and analyzed by the Texas Real Estate Research Ce

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An ancient Japanese home was rebuilt in L.A. Now’s your chance to look inside

Seattle Times Real Estate

The $10 million job of moving a centuries-old shoya house from Japan to the U.S. was far more complicated than just taking apart a puzzle and putting it back together.

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Clarksville Housing Market: Prices, Sales, Forecast 2023

Marco Santarelli

In recent years, the Clarksville housing market has been a subject of growing interest for both homebuyers and real estate investors. This dynamic market offers a range of opportunities, from affordable homes to potential investment properties. In this post, we'll delve into the key trends, statistics, and forecasts for the Clarksville, TN housing market as of September 2023.

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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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California Exodus

BubbleInfo

The number of former Californians who became Texans dropped slightly last year, but some of that slack was picked up by Arizona and Florida, which saw their tallies of ex-Californians grow, according to new state-to-state migration figures released Thursday. The flow of Californians to Texas has marked the largest state-to-state movement in the U.S.

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Ogden Housing Market: Prices, Sales, Forecast 2023

Marco Santarelli

The latest data shows that the Ogden housing market is showing promise with its competitive nature and steady growth in home prices. It remains an affordable option compared to the national average, attracting both local and out-of-state homebuyers. With favorable migration trends and good transportation options, Ogden's real estate market seems poised for a bright future.

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Rate Buydowns

BubbleInfo

People might think that 8% mortgage rates will kill the real estate market, but they are one more thing that can be fixed with money. Two popular strategies to lower the mortgage rate: 30-year fixed rate buydown: Paying one point, or 1% of the loan amount will lower the rate by 1/4%.

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Top 5 Stories on Brownstoner This Week: Construction Will Surround Gage & Tollner

Brownstoner

Gage & Tollner Will Likely Be Surrounded by Construction for Years, Then Skyscrapers Fulton Street’s iconic Gage & Tollner restaurant will likely be the last standing historic building on its Downtown Brooklyn block. Applications for demolition permits have been filed for the entire southern stretch of Fulton Street between Red Hook… Read More > The post Top 5 Stories on Brownstoner This Week: Construction Will Surround Gage & Tollner appeared first on Brownstoner.

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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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Fall 2023 State of the Multifamily Market – Time for Optimism

A Student of the Real Estate Game

Although it’s only been a few months since my last state of the multifamily market update , I feel like it’s time to write another one. That post is not dated by any means but needs to be expanded upon. The world is changing rapidly, pessimism has crept in, rates being higher for longer is becoming consensus, and ‘survive until 25’ is the new motto.

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Morgan Stanley Predicts That Home Prices Will Drop Up to 5% in 2024

Marco Santarelli

In a recent analysis, Morgan Stanley has revealed that home prices could experience a significant drop of up to 5% in the coming year if mortgage rates remain at their current 8% level. The bank's strategists pointed to the recent surge in mortgage rates, with the average 30-year fixed rate reaching a two-decade high. This rise in rates has led to concerns about the impact on the housing market and affordability.

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