Fri.Apr 01, 2022

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A good jobs report, but also another recession red flag

Housing Wire

Today, the Bureau of Labor Statistics reported that the United States Of America created 431,000 jobs in March. We also had 95,000 positive revisions, and although this was a slight miss of estimates, it continues the solid trend of good job reports in 2022. On another note, I raised my third recession red flag, since the inverted yield curve happened this week.

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Selling a House As Is: What Are The Pros and Cons?

Maximum Exposure Real Estate

What are the pros and cons of selling a home as-is? You may have thought about this question if you’re planning on selling a home. Sometimes when you are selling a house that has some issues, selling it “as is” may seem like the most straightforward course of action. Most homeowners assume that selling a […]. The post Selling a House As Is: What Are The Pros and Cons?

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Latest jobs report a good sign for bonkers housing market

Housing Wire

Maybe things are getting better? Coming off a month of strong growth in February , the U.S. jobs report released Friday again showed a solid increase in non-farm payroll jobs. A total of 431,000 non-farm payroll jobs were added in March, and employment in the construction industry is now above its pre-pandemic level, after the industry added 19,000 jobs.

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NSDCC 1Q Listings

BubbleInfo

The 2022 inventory is off to a slow start – and I don’t expect it to improve much, in spite of record pricing: Year # of 1Q Listings Median List Price 2018 1,230 $1,592,500 2019 1,277 $1,575,000 2020 1,082 $1,712,500 2021 985 $1,899,000 2022 682 $2,575,000 The 682 listings this year was 31% lower than […].

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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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Finance of America’s Patti Cook reflects on 45 years in the industry

Housing Wire

Finance of America CEO Patti Cook. In February, Finance of America CEO Patti Cook announced her retirement after a successful career in finance that spanned 45 years. HousingWire sat down with this Woman of Influence winner to find out some of the important lessons she learned along the way. HousingWire: One of your first jobs in the industry was at Salomon Brothers , starting in 1979.

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A Bay Ridge Tudor With Garage and Three More to See, Starting at $1.15 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Carroll Gardens, Park Slope, Cobble Hill and Bay Ridge. They range in price from $1.15 million to $5.2 million. In Carroll Gardens, this 1880s Neo-Grec brownstone mixes recent updates with original details, a sometimes elusive combo among houses… Read More > The post A Bay Ridge Tudor With Garage and Three More to See, Starting at $1.15 Million appeared first on Brownstoner.

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Unemployment Rate Nears Pre-Pandemic Levels After Sustained Job Growth in March

RIS Media

The robust post-pandemic recovery in U.S. job growth had another strong showing last month, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). Based on Friday’s report, the U.S. economy added 431,000 jobs in March, dropping the national unemployment rate to 3.6%—down from 3.8% in February. The latest data marks 11 consecutive months of job growth.

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More MLS Musings!

Toronto Realty Blog

TorontoRealtyBlog. I’m not really sure what the theme is today. Perhaps a little bit of everything? Odds and ends? Mish-mash? This-‘n-that? Odds-n’-sods? Bits-‘n’bobs? Knick-knackery? Bric-a-brac? Flotsam and jetsam? Wait……… what ? Yes, apparently “flotsam and jetsam” is a synonym for “this and that,” or “bits and pieces.” The term comes from the sea world where “flotsam” is the debris in the water th

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Headliners Week of 3/27 – 4/2

RIS Media

Catch Up on This Week's Biggest Stories. [link]. RISMedia Managing Editor Paige Tepping delivers this week's Headliners, a video recap of the week's top stories in real estate. Share on Facebook Share on Twitter. Read This Week's Top Stories. Introducing RISMedia Premier: Best-In-Class Real Estate News and Information. By RISMedia Staff April 1, 2022.

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Luxury Real Estate Headlines: Final Week of March 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Carmel, California | Truszkowski Freedman & Associates, Sotheby’s International Realty – Carmel Brokerage. Designed by architect Richard Hicks, the three-story mid-century masterpiece, which measures 3,621 square feet, displays panoramic ocean views of the Point Lobos Nature Reserve, Ribera Beach, and Monastery Beach from nearly every room.

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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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Q2 Trends: Sinking Inventory, Return of Cities, Millennials on the Move and More

RIS Media

The prime property market is ablaze as agents worldwide continue to experience record levels of activity. But increasingly, concern is mounting around inventory, which remains at an all-time low—even at prime price points. This trend is the most palpable in the United States, where bidding wars on select properties are still prevalent and aspirational buyers continue getting priced out of lower-tier luxury properties.

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Daily Links: Report Says Landlord Profits on Rent Stabilized Housing Took Largest Dip in 17 Years

Brownstoner

In the News Will Ending a Lucrative Tax Break Ease or Fuel the NYC Housing Crisis? [NYT] Can Home Prices and Interest Rates Soar at the Same Time? [NYT] Bushwick Bar, Farewell Brooklyn, Robbed in Broad Daylight [BP]. After Pandemic Shutdown, Bushwick Cafe Picks up the Pieces [BK Reader] New Bike Club Launching… Read More > The post Daily Links: Report Says Landlord Profits on Rent Stabilized Housing Took Largest Dip in 17 Years appeared first on Brownstoner.

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Enhance Your Platforms and Community with ADA-Compliant Technology

RIS Media

Are the tools your organization offers accessible to your entire membership base? By that, we don’t simply mean are those tools easy to access via computer, but rather are they accessible to everyone—including those agents and brokers who have visual impairments or speak a language other than English? Inclusively designed technology means that more of your membership base can benefit from the tools you provide.

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Mortgage and refinance rates today, April 1, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday, continuing this week’s run of good news. However, they were still higher yesterday evening than they had been seven […].

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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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Job Growth Continued in March

Eye on Housing

Total nonfarm payroll employment increased by 431,000 in March, and the unemployment rate fell to 3.6% from 3.8%. The labor market recovery is continuing, as employment in some sectors, such as professional and business services, financial activities, and retail sectors, is now above pre-pandemic levels. Construction industry employment (both residential and non-residential) totaled 7.6 million and has returned to its.

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Better Homes and Gardens Real Estate Launches ‘Be Better’ Podcast

RIS Media

Better Homes and Gardens Real Estate LLC has launched its first podcast, “Be Better.” The weekly program is available on Apple Podcasts, Spotify, Amazon Music, Stitcher and Google, as well as the brand’s Be Better blog. Content from the broadcast is also posted on the brand’s TikTok, Facebook and Instagram channels. The podcast is co-hosted by Kim Haynie, business consultant and generational marketing specialist, and Donald Kelly, sales advisor and motivational speaker, and features intimate con

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How Time Can Be On Your Side if You’re a First-Time Home Buyer in This Market

Lighter Side of Real Estate

If you’re in the market to buy your first home in this market, it’s probably felt like an uphill battle. There aren’t a lot of houses to choose from, and the minute a house gets listed there are a ton of offers to compete against. Adding to the stress, now you’re probably worrying about the news that interest rates are going up, and hoping to scoop up a house before rates go up too high and make buying a house more affordable.

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RISMedia Reveals Top 1,000 Power Brokers

RIS Media

Amassing more than $2.4T in collective sales volume for 2021, RISMedia’s Top 1,000 Power Brokers reflect the outcome of one of the hottest real estate markets in decades. The detailed results are now available in RISMedia’s 2022 Power Broker Report , ranking real estate firms by both sales volume and transactions in 2021. . See RISMedia’s 2022 Power Broker Directory.

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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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What Appraisal Software Tools Are You Most Interested in Learning?

McKissock

As a real estate appraiser, you strive for efficiency in your process and in your business. There are many technology tools available to make your workflow faster and smoother. However, they won’t save you as much time if you don’t learn how to maximize their capabilities. To better understand what sort of technology training and webinars would be the most useful to you, we asked appraisers, “On what appraisal software tools would you like additional training?

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Raven Hall Affordable Housing Development Opens Near Coney Island Boardwalk

Brownstoner

Hundreds of new affordable apartments are officially online just a block from the beach in Coney Island, on the former Ravenhall Baths site, Governor Kathy Hochul announced Wednesday. Raven Hall, named in honor of the legendary Ravenhall Baths — which operated at the site from 1867 until being destroyed in a… Read More > The post Raven Hall Affordable Housing Development Opens Near Coney Island Boardwalk appeared first on Brownstoner.

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5 New York Castles That Will Make You Feel Like You’ve Traveled to Europe

Fancy Pants Homes

Who amongst us hasn’t wondered at some point what it would be like to live in a castle? Whenever we visit a castle , we think of what it must have been like to live there, and imagine ourselves as king (or queen) of our domain. Then we unfortunately snap back to reality and go about our lives, always dreaming of that old stone castle perched atop a cliff overlooking a quaint English village…Right, back to our story here.

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The Best Real Estate App of 2022 for Investors

Mashvisor

Artificial intelligence is altering the real estate market. So if you want to succeed, you should use the best real estate app available. Table of contents What Exactly Is Mashvisor?

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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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10X More Qualified Real Estate Leads With No Increased Cost

Lab Coat Agents

Ylopo is once again changing the game of real estate digital marketing with a new tool built to generate high-quality buyer and seller leads. These opportunities are “intelligently captured” with dynamically changing lead registration questions which in turn provide agents with a lot more information about the leads including who needs to sell before they buy.

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How to Make Your Airbnb Pet Friendly

Mashvisor

Bearing in mind that some of your guests may want to bring the family pet along with them on vacation—how can you make your Airbnb pet friendly?

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Solana Beach With Ocean View

BubbleInfo

A tasteful beach house for sale with big ocean view!

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What Is Roofstock One? How Does It Help Real Estate Investors?

Mashvisor

Roofstock One offers an entirely new way to diversify your real estate investment portfolio—but is the platform all it’s cracked up to be?

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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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Wall Street Sinks Its Teeth Into Housing

RIS Media

Often seen as existential threats to the industry—or even to the whole current model of home buying and selling—Big Tech and Wall Street are now involved more than ever in residential real estate, from algorithmic-based iBuyers to venture capital-backed brokerage firms. Even as the influx of money and huge leaps forward in technology have created efficiencies and new opportunities, the dissociative, far-reaching power of these tools also have frightening implications.

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Real Estate SEO: The Ultimate Guide for 2022 (9 Steps to Better Ranking)

The Close

One of the most common questions agents ask after building their websites is if real estate search engine optimization (SEO) is still an effective lead generation strategy. The answer may surprise you. While ranking your content on search engines is harder than it used to be, you can easily outrank your competition by investing some time and effort, using basic SEO strategies that most Realtors either don’t know or don’t bother with.

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For more renters, ADUs are becoming a viable option

Realty Biz

As the shortage of housing stock continues unabated, the profile of so-called accessory dwelling units, which are small homes that share a plot of land with larger, single-family homes. Sometimes called “granny flats”, ADUs are generally around 1,200 square-feet or less and provide a viable, low-cost alternative living accommodation for both renters who cannot afford more expensive homes.

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It’s Still a Sellers’ Market [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.

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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.