Housing Wire
DECEMBER 21, 2022
Existing home sales slid for the 10th consecutive month in November, as homebuyer demand continued to cool. The seasonally adjusted sales rate for existing homes fell 7.7% month over month in November to a rate of 4.09 million , according to a report from the National Association of Realtors (NAR) released Wednesday. On a yearly basis, existing home sales are down 35.4%.
Keeping Current Matters
DECEMBER 21, 2022
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates.
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Housing Wire
DECEMBER 21, 2022
On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! Confused by this? I hear you; let’s dive deeper into today’s report. From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NA
Better Dwelling
DECEMBER 21, 2022
Canadians are still dumping expensive provinces for, well, less expensive ones. Statistics Canada (Stat Can) released its latest interprovincial migration estimates for Q3 2022. The biggest losers of residents to other provinces were BC and Ontario, the former printing its first net outflows in nearly a decade. The biggest winners were Alberta and Nova Scotia, […].
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Housing Wire
DECEMBER 21, 2022
loanDepot registered a partial win against CrossCountry in a trade secret and employment-separation dispute. . The California-based mortgage lender sued its rival in April 2022 claiming that six former employees — Steve Schneider, Cindy Smolin, Samantha Siegel, Fernanda Baske, Bob Bowman, and John Noyes — left the company to join CrossCountry after accessing, downloading and taking confidential client information and breaching their employments agreements and fiduciary duties. .
Coldwell Banker
DECEMBER 21, 2022
If you’re looking for ways to improve your 9-to-5 routine, try these five simple ideas. The post 5 Tips for a Healthy Work-From-Home Routine appeared first on Coldwell Banker Blue Matter.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Coldwell Banker
DECEMBER 21, 2022
Here are a few of our favorite impactful and straightforward means of boosting your home’s value and appeal over the short or long term. The post Savvy Ways to Increase Your Home’s Value appeared first on Coldwell Banker Blue Matter.
Housing Wire
DECEMBER 21, 2022
United Wholesale Mortgage (UWM) has expanded temporary buydown options for jumbo loans at a time when mortgage rates are still high and borrowers have increased negotiating power. UWM is one of many lenders to roll out temporary buydowns in recent months in a bid to drum up more business. The Detroit, Michigan-headquartered lender will offer borrowers of prime jumbo loans an option to reduce their mortgage rates by 2% during the first year of the loan and by 1% in the second year with a 2-1 buyd
Coldwell Banker
DECEMBER 21, 2022
Elevated Escapes and Outlandish Elements. The post Home Design Trends for 2023 appeared first on Coldwell Banker Blue Matter.
Easy Agent Pro
DECEMBER 21, 2022
While social media, email marketing campaigns, and advertisements have their place in attracting website visitors, writing blogs and content for your real estate website is incredibly important for your website performance. Proper real estate blog SEO can have a huge impact on the amount of traffic that visits your site. Luckily, with blog and content writing you can easily incorporate SEO elements to boost your website’s performance to increase site visitors and generate more leads. .
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.
Eye on Housing
DECEMBER 21, 2022
As rapid rising mortgage rates continue to weaken housing demand, the volume of existing home sales has declined for ten consecutive months as of November, according to the National Association of Realtors (NAR). This is the longest run of declines since 1999. While mortgage rates have retreated in recent weeks due to recession concerns, they are likely to see another.
The American Genius for Real Estate
DECEMBER 21, 2022
Banning crypto is something we didn't think we would hear about in this lifetime, but yes, the popular currency is in question.
Real Trends
DECEMBER 21, 2022
Going into 2023, many agents are curious about what the market will look like. Although demand has slowed down and available inventory has seen an increase, luxury real estate remains an outlier. When it comes to high-end housing, inventory hasn’t caught up with current demand. . With 2023 rapidly approaching, a serious demand for luxury listings and too few builders are expected to keep prices from seeing any dramatic declines.
Lighter Side of Real Estate
DECEMBER 21, 2022
Many members of the Millennial and Gen Z generations would love to buy a house of their own. But according to this CNBC article , they simply can’t afford to do so. Not only can they not afford to buy a house, many are moving back in with their parents, as Forbes recently reported , due to inflation, low-paying jobs, college debt, high rents, and the general monthly costs of living on your own.
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Brownstoner
DECEMBER 21, 2022
Offering a spacious layout with a large foyer, two bedrooms and a dining alcove, this Windsor Terrace apartment also has a location near Prospect Park. On the first floor of the six-story 202 Seeley Street, there are parquet floors, five closets and all white finishes throughout the unit. Plans for the… Read More > The post Windsor Terrace Post War Two-Bedroom With Parquet Floors, Five Closets Asks $895K appeared first on Brownstoner.
Mandrona Group
DECEMBER 21, 2022
INCLINE VILLAGE | WOOD CREEK$663,000 • 1/8 OWNERSHIP (Learn More About Fractional Ownership)3.95% financing until 12/31SECOND HOME OPPORTUNITY INCLINE VILLAGE WOOD. Read More.
Brownstoner
DECEMBER 21, 2022
In the News Secret Society Tied to Underground Railroad Fights to Save Bed Stuy Home [NYT] A Little Boy’s Hanukkah Wish Grew Into a Light Show in Midwood [NYP] NY Advocates, Lawmakers Renew Push for ‘Good Cause’ Eviction [NYDN] Legal Aid Society Wants Clarity After Evidence Destroyed in Red Hook Fire [BP] Work Begins on… Read More > The post Daily Links: Construction Starts on Mega East New York Affordable Housing Development appeared first on Brownstoner.
Realty Biz
DECEMBER 21, 2022
A realtor’s career implies a genuine journey jazzed up by brand-new challenges, adrenaline-fuelled missions, and (last-minute, but ultimately) glorious closings. In the meantime, your people skills get sharpened as you meet the most intriguing clients. And would you believe it? All of them require special treatment. . Don’t succumb to excessive aggrandizement!
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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
DECEMBER 21, 2022
The creatives behind I am Caribeing, a hub for Caribbean and Latin American culture, art and film, are inviting Brooklynites of all walks of life to the sixth edition of their Caribbean Holiday Market Experience, on display at the Plaza at 300 Ashland through December 30. This year’s marketplace features up… Read More > The post There is Still Time to Find Some Gifts at the Caribbean Holiday Market appeared first on Brownstoner.
Realty Biz
DECEMBER 21, 2022
There’s a reason why 2.5 million homeowners — and counting — have already installed solar on their homes: it’s a great investment! Solar panel systems last for 25 years or more, offsetting most or all your electricity bill every month, and in many places, you can even make money by selling power back to your power company. Today, homeowners as far north as Connecticut and Pennsylvania are installing solar roofs because it makes good financial sense as well providing energy security.
Realtor.com
DECEMBER 21, 2022
Realtor.com Are the beaches of the Caribbean calling your name, or more specifically, the magical coastline of Puerto Rico? Then you might just be interested in this luxurious five-bedroom Spanish Colonial located in the heart of Old San Juan. Minutes from Condado Beach and the Miramar Arts District, this home was built in the 1800s and boasts an exceptional location in one of the Caribbean’s most vibrant cities.
Agent Fire
DECEMBER 21, 2022
Learn about real estate PPC advertising, including helpful tips and tricks to kick off a successful paid marketing campaign! The Definitive Real Estate PPC Guide is just one of many great real estate strategies on The Spark.
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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.
Bigger Pockets
DECEMBER 21, 2022
Land flipping is an unusual real estate investment. Unlike all the rest, there are no utilities, renovations, or tenants to take care of. It’s really as simple as buying a […].
BubbleInfo
DECEMBER 21, 2022
As the national leader of real estate, Zillow is attempting to guide people with data, thankfully. Their Home-Value Index has been decent, and I’ll take the -7% for San Diego… which means our premium areas haven’t felt much decline at all. Their comment on current conditions isn’t ground-breaking but at least it offers some hope: Activity […].
Realtor.com
DECEMBER 21, 2022
Getty Images If you’ve ever found yourself standing ankle-deep in water wondering how on Earth your bathroom turned into a kiddie pool, you’re not alone. In fact, water damage is one of the most common reasons why homeowners file insurance claims. Most homeowners insurance policies cover sudden and accidental water damage. That includes any damage done to your home’s structure, personal belongings, and other structures on the property.
Bigger Pockets
DECEMBER 21, 2022
This article is presented by Aloha Capital. Read our editorial guidelines for more information. More and more real estate investors are exploring what it might look like to be on the other […].
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Real Trends
DECEMBER 21, 2022
RealTrends + Tom Ferry The Thousand- ranked real estate agent Griffin Riddle recently joined The Agency Denver. Griffin is ranked No. 168 in the individuals by sales volume. Riddle will continue to hold a real estate license in both Colorado and California, because he is an agent at boutique luxury global brokerage The Agency in Los Angeles as well.
Realtor.com
DECEMBER 21, 2022
Realtor.com A striking midcentury modern home in Wayne, IL , that was nearly designed by Frank Lloyd Wright is on the market for $1,250,000. The residence appears to have found a buyer after just a month, and proceeds from the sale are generously being donated to charity. “The sellers have owned the property since 1971, but this is the first time that it has publicly been on the market,” says listing agent Lou Zucaro , of Baird & Warner Barrington.
Sotheby's International Real Estate
DECEMBER 21, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. . Chicago, Illinois | Andorra Sotheby’s International Realty. Located in the charming village of Ordino, the first destination in the Principality of Andorra to be named a Biosphere Reserve, this property is part of a new development that is remarkable for its privileged location as well as its luxurious design, conceived by the prestigious
Notorious ROB
DECEMBER 21, 2022
About a week ago, the judge in the Burnett v. NAR case (formerly Sitzer v. NAR) handed down his ruling in the motion for summary judgment. It did not go well for the defendants. The Inman story by Andrea Brambila does a good job of covering the highlights, so read that in full. The result is, of course, something I fully expected after reading Judge Bough’s opinion denying the motion to dismiss.
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