McKissock
MAY 18, 2022
The first thing anyone involved in the home selling process should think about is the curb appeal of a property. It’s what catches someone’s eye and invites them to tour the house, so it can make or break how long a home is on the market. Read on to learn about the importance of curb appeal in selling a house. 1. Landscaping Makes the First Impression.
Housing Wire
MAY 18, 2022
The U.S. Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. Housing starts came in at 1.724 million , and housing permits came in at 1.819 million — both are still very healthy numbers. However, the sting of higher mortgage rates is hitting the single-family construction data, and the real story is that the housing completion data, which has be
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Keeping Current Matters
MAY 18, 2022
If you're trying to decide whether to rent or buy a home, you're probably weighing a few different factors.
Housing Wire
MAY 18, 2022
With the cost of living on the rise, many older homeowners are looking for financial solutions that allow them to age in place. HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market.
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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.
Eye on Housing
MAY 18, 2022
The single-family built-for-rent sector continues to expand as housing affordability headwinds increase. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 13,000 single-family built-for-rent (SFBFR) starts during the first quarter of 2022. This is a 62.5% gain over the first quarter 2021 total.
Housing Wire
MAY 18, 2022
Blockchain-based real estate platform Parcl is betting people want a piece of the real estate pie so badly customers are willing to invest in an emerging, small slice of the market: a digital square foot of real estate. Not only are customers investing in Parcl’s product, but the company itself also recently secured funding of $7.5 million from new and existing investors, which will help Parcl expand its customer base while bolstering partnerships with software and real estate companies, i
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 18, 2022
Individuals across the country put the American dream of homeownership on standby for the week ending May 13, reducing mortgage application volume by 11% compared to the prior week, as measured by the Mortgage Bankers Association ‘s (MBA’s) Market Composite Index. “Mortgage applications decreased for the first time in three weeks, as mortgage rates — despite declining last week — remained over two percentage points higher than a year ago and close to the highest levels since 2009,” Joel Kan, ass
The Mortgage Report
MAY 18, 2022
How high will mortgage rates go? See mortgage rate predictions for mid- to late-2022 from eight industry-leading housing experts.
Housing Wire
MAY 18, 2022
The Consumer Financial Protection Bureau (CFPB) published a report this week looking at how servicers fared in the second half of 2021. The report said that on average, servicers improved their call metrics, but that some servicers continue to lag behind in assisting borrowers. According to the report , which examined data provided from 16 undisclosed servicers, call metrics, including the average time it took for servicers to answer and abandonment rates, varied greatly from servicer to service
Sotheby's International Real Estate
MAY 18, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ?. Queenstown, New Zealand | Gerard Bligh & Hadley van Schaik, New Zealand Sotheby’s International Realty . This single level, three bedroom, two bathroom home is set on an easy care elevated approximately 700-square-meter section within a peaceful enclave of Jack’s Point.
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
MAY 18, 2022
Nonbank mortgage lender and servicer Ocwen Financial Corp. announced on Wednesday that Sean O’Neil is joining the company as executive vice president and chief financial officer. O’Neil will start at Ocwen on June 13 to lead the firm’s global finance organization amid a challenging mortgage origination market. Before landing at Ocwen, the executive served as the CFO for Bayview Asset Management for six years.
The American Genius for Real Estate
MAY 18, 2022
Housing starts for April stagnated, marking the second consecutive months of declines, and more renters being left out of this shifting market. The post Housing starts stagnate, market conditions are rapidly shifting appeared first on The American Genius Real Estate.
The Mortgage Report
MAY 18, 2022
Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday. They’re still some way off their highs in the first week of this month. But they’re drifting away from […].
Toronto Realty Blog
MAY 18, 2022
TorontoRealtyBlog. Perhaps this could have been included in Monday’s blog as a third tenet, except that this isn’t “new legislation,” nor is it going to kill condominium development. But before we get to that , I first want expand a little bit on Monday’s blog, as I think it’s important to note that condominium developers didn’t get to where they are by doing stupid things.
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Fancy Pants Homes
MAY 18, 2022
Billionaire Ron Burkle seems to have changed his mind about his ambitions plans for Bob Hope’s estate in Toluca Lake. When the investor / architecture buff bought the property back in 2018, he was looking to restore it and build four to six other homes on the sprawling 5-acre property, Mansion Global reported at the time. And restore he did. But he decided to leave the rest of the plans in the hands of the estate’s future owners, listing the property for sale with a whopping $29 mill
The Close
MAY 18, 2022
Like it or not, social media is now a critical part of scaling any real estate business, so understanding which social media networks yield results is crucial. With so many to choose from, how do you decide where to invest your time, energy, and resources? To get you started on the right path, we’re recommending nine of the most impactful real estate social networks that you should include in your marketing strategy.
Brownstoner
MAY 18, 2022
For the right buyer with pockets deep enough for a major restoration, this Clinton Hill Anglo-Italianate has an intriguing level of detail intact despite its rough condition, although another buyer might see it more as a development opportunity. The estate condition row house at 237 St. James Place sits just… Read More > The post Estate Condition Clinton Hill Anglo-Italianate With Plasterwork, Mantels Asks $3.125 Million appeared first on Brownstoner.
Realty Biz
MAY 18, 2022
Identifying the best SEO platform for your real estate agency or brokerage business can be daunting. Sorting through different providers and going through multiple demos is no fun. Still, you have to be intentional about choosing an SEO platform to pick the right one. Follow these steps to pick the right tool. List down your essential needs and the features and functionalities the tool must-have.
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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.
Brownstoner
MAY 18, 2022
In the News You’ve Been to the Brooklyn Museum. But Have You Seen It Like This? [NYT] Police Impersonator Steals Car on the BQE [BK Paper] AG James Sues Brooklyn School Bus Operator for Idling [BK Paper] These Bed Stuy Residents Are on a Mission to Beautify Their Block [BK Reader] Residents Share Parking, Rat,… Read More > The post Daily Links: Celebration of Notorious B.I.G to Include MetroCards, Video at Barclays appeared first on Brownstoner.
Realty Biz
MAY 18, 2022
The United States is struggling with a shortage of up to 5.5 million homes, experts say. The housing gap is so large that it would take more than 10 years to reduce, even if builders accelerate new home construction right away, the National Association of Realtors believes. So President Joe Biden’s new plan that calls for administrative and legislative action to try and eliminate the housing shortfall within just five years is a most welcome announcement.
Brownstoner
MAY 18, 2022
In the last two years, outdoor space has been a savior for many Brooklyn families, a place to not only socialize but to work, exercise and school the kids. That's where Yardzen comes in. Yardzen is an online landscape design and build company that connects homeowners with talented designers and vetted… Read More > The post Reimagine Landscape Design Online With Yardzen and Realize Your Dream Outdoor Space appeared first on Brownstoner.
Real Trends
MAY 18, 2022
As a real estate agent, filing taxes is complicated as a self-employed business owner. However, the good news is that many of your expenses may be tax-deductible, reducing the amount of tax you owe. The IRS allows you to deduct “ordinary and necessary” costs for your business, so it’s critical to be understand and track them throughout the year.
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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.
Brownstoner
MAY 18, 2022
New Yorkers need to double their average income just to afford the escalating median rent in the five boroughs, a study from the city’s Department of Housing Preservation and Development (HPD) revealed. That was just one finding released Tuesday in the survey, which is conducted every three years to evaluate housing… Read More > The post HPD Study Finds New Yorkers Need to Double Their Income to Afford City’s Higher Median Rent appeared first on Brownstoner.
Realty Biz
MAY 18, 2022
Not all marketing techniques are successful, as we all know. Every real estate agent wants to bring more traffic to their websites and social media accounts, generate leads, and close sales but struggles to make it happen. Marketing is more than just coming up with marketing ideas, creating ads, and posting them online. It may be able to attract a few leads in the start but it’s not effective in the long run unless you learn how to implement marketing techniques that convert your prospects
Real Estate Investar
MAY 18, 2022
This month, the RBA has come out and raised the official cash rate for the first time in more than a decade.
Real Trends
MAY 18, 2022
Strong multifamily construction starts continued to bolster overall housing starts in April. According to a report released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development , in April, overall housing starts fell 0.2% month over month , to a seasonally annualized rate of 1.724 million units. Despite the slight decline from March, the rate is 14.6% higher than it was in April 2021.
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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.
BubbleInfo
MAY 18, 2022
The new market conditions will bear some resemblance to the past, but to believe that real estate sales will be ‘getting back to normal’ some day would be full of false hope. Rob Dawg said it long ago – we need to abandon all previous assumptions. Let’s start with the two things most likely to […].
Mashvisor
MAY 18, 2022
The US Census Bureau’s Housing Vacancies and Homeownership data give us access to information about homeownership and vacancy rates in the country.
CT Homes
MAY 18, 2022
When you’ve decided to sell your house, one of the most first questions you’ll ask is how to find buyers for your home. Depending on the location and property type, finding a buyer for a real estate transaction can range from fairly simple to downright challenging. Especially for those who have never sold a house before, locating a promising buyer might seem like an overwhelming task.
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