Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? We have had some conflicting data points recently. On the one hand, cancelation rates have been rising. On the other hand, mortgage rates have gone down more than 1% since Oct. 20, 2022. The builders’ stock prices have done well as mortgage rates have fallen , and this illustrates the simplicity of the homebuilders’ position: their story is really about mortgage rates and moving pr

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Mortgages Sales Construction Closing 545

Keeping Current Matters

JANUARY 27, 2023

Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.

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Housing Wire

JANUARY 27, 2023

Pending home sales ended 2022 on a positive note. After six consecutive months of declines, the Pending Home Sales Index rose 2.5% month over month in December to a reading of 76.9, according to data released Friday by the National Association of Realtors (NAR). “This recent low point in home sales activity is likely over,” Lawrence Yun, NAR’s chief economist, said in a statement. “ Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to st

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Sales Mortgages Marketing 448

Inman

JANUARY 27, 2023

It is possible to tell when your real estate business is going off-course before it’s too late. By keeping your fingers on the pulse of your business, you can evaluate often and adjust your course.

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Agents 167

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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.

Development

Housing Wire

JANUARY 27, 2023

As housing prices remain high across the nation, the Biden administration is taking action. The administration announced new actions earlier this week to protect access to housing and make rentals more affordable. According to the White House, roughly 35% of the U.S. population — or over 44 million households — live in rental housing, but there are no comprehensive federal laws to protect renters.

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Finance Development Inspection Mortgages 435

Inman

JANUARY 27, 2023

This is the market where opportunity abounds for the diligent, professional agent. Homeowners who have been unable to sell their homes need your expertise.

Marketing 167

Marketing Agents Brokerage 167

Inman

JANUARY 27, 2023

If you want to use the ChatGPT chatbot for marketing, you need to be aware of its limitations and potential drawbacks, writes broker Teresa Boardman. It may make more sense, in fact, to do your own writing.

Marketing 167

Marketing Technology Agents 167

Housing Wire

JANUARY 27, 2023

The rapidly cooling housing market in 2022 was not kind to Big Four title insurer Old Republic. While the century-old firm, which is celebrating its 100 th anniversary in 2023, did generate net income for both the fourth quarter of 2022 as well as for the year as a whole, it was down substantially last year. During the fourth quarter of 2022 , Old Republic recorded a net income of $512.1 million, down from $627.0 million in Q2 2021.

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Title Commercial Residential Investor 416

Inman

JANUARY 27, 2023

In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first time since May 2022, increasing 2.5 percent from November.

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Sales Industrial Mortgages Marketing 158

Housing Wire

JANUARY 27, 2023

Top-producing loan officer Dave Medina and his team at the Temecula, California-based branch have left ​​ Fairway Independent Mortgage to join Movement Mortgage. The move, which marks the start of Movement’s branch partnership strategy, comes four months after the South Carolina-based lender hired two top executives away from Fairway. “In the 20 years that I’ve been doing this business, I’ve only moved companies once, and that was when the company sold the mortgage divis

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Mortgages Loan Officer Loans Brokerage 397

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.

Industrial

Inman

JANUARY 27, 2023

Zillow, Keller Williams and Realtor.com shared their respective takes this week at Inman Connect New York on the trends expected to take hold in 2023.

Technology 158

Technology Marketing 158

Housing Wire

JANUARY 27, 2023

Today marks the last day to nominate someone for the 2023 HW Finance Leaders award. Don’t miss the chance to recognize the top finance executive at your organization! Eligible nominees must be corporate finance, capital markets, or accounting executives within mortgage origination or a real estate brokerage and will be selected based off of financial management, strategic thinking and contribution to their organization.

Finance 397

Finance Title Brokerage Mortgages 397

Inman

JANUARY 27, 2023

The 12-person John Stanaland Group, formerly of Villa Real Estate, closed more than $300 million in sales volume in 2022, according to an announcement Thursday from Douglas Elliman.

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Closing Sales Brokerage Agents 148

NAR: Economic Outlook

JANUARY 27, 2023

Where People Moved in 2022 After a historically low moving rate in 2021, data indicates that even fewer Americans moved across the country in 2022.

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Brokerage

Inman

JANUARY 27, 2023

This week, Byron Lazine and Nicole White are talking about cities that are making it harder to own short-term rentals, how inflation has impacted millennial homebuying plans and the weekly media review Left, Middle, Right.

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Brokerage Agents 148

Sotheby's International Real Estate

JANUARY 27, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Pacific Palisades, California | Sotheby’s International Realty – Santa Monica – Venice Brokerage A rustic house in Rustic Canyon, a west side neighborhood of Los Angeles, has come to the market for the first time since it was built in 1987.

Brokerage 131

Brokerage Marketing 131

Inman

JANUARY 27, 2023

As the brokerage prepares for a slower market, agent recruitment, finding a permanent RE/MAX Holdings CEO and franchise consolidation are among the issues RE/MAX will face in 2023.

Brokerage 148

Brokerage Agents Marketing Mortgages 148

Propmodo

JANUARY 27, 2023

The last few years have shown a boom in e-commerce and, with it, logistic warehouse construction. The 2020 pandemic lockdowns accelerated the growth of e-commerce, and sales increased by 43 percent between 2019 and 2020, according to The Annual Retail Trade Survey, a program of the US Census that produces industry-level estimates of cash flow for the retail sector in the U.S. each year.

Construction 24

Construction Commercial Industrial Sales 24

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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.

Agents

Inman

JANUARY 27, 2023

Powered by an advanced natural language technology, homebuyers can enter longer, detail-rich requests, as they would on Google, to unearth more accurate inventory matches.

Technology 148

Technology 148

Realtor.com

JANUARY 27, 2023

Getty Images Mortgage rates are down again this week, which means things are looking up for homebuyers. The average rate for a 30-year fixed-rate mortgage ticked down 2 basis points to 6.13%, according to Freddie Mac , continuing a pattern of rates seesawing lower since topping 7% in the fall. In fact, mortgage rates are at their lowest levels since mid-September 2022.

Mortgages 118

Mortgages Fixed-rate mortgage Days on market Marketing 118

Inman

JANUARY 27, 2023

Kenneth Haber, who had served as general counsel since 2004, will now shift to an advisory capacity at Douglas Elliman as a senior managing director, the brokerage told Inman on Friday.

Brokerage 148

Brokerage 148

HomeLight

JANUARY 27, 2023

Maybe you’ve just started to look for a house, or you’ve found a property that you love and are curious about what it’s worth. Or perhaps you’re thinking about listing your current home for sale. Because home values are constantly changing, how do you know what your property is really worth? Do property value lookup tools really help? Both buyers and sellers have good reason to get an objective view of a home’s value before signing on the dotted line.

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Purchase and sale agreement MLS Agents Staging 105

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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.

Agents

Inman

JANUARY 27, 2023

Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Jan. 20-26 2023.

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Industrial Agents 147

Real Trends

JANUARY 27, 2023

Are you experiencing the infamous highs and lows of what I call the “sales rollercoaster”? This thrill ride can bring a flurry of deals that take up almost every waking hour, followed by the sudden sound of crickets because all the deals are done and business seems dry. When I encounter real estate agents, both rookies and veterans alike, who are on a sales rollercoaster, I ask a few questions about their lead generation tactics to help them build or regain momentum in their business

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Agents Sales 99

Maximum Exposure Real Estate

JANUARY 27, 2023

Everything to Know About Paying Capital Gains Tax on a Second Home Sale Do you pay capital gains tax on a second home? Are you wondering how paying capital gains on a second home sale works? When you sell a vacation home, rental unit fix-and-flip investment property, or any other second property that is not […] The post Paying Capital Gains Taxes on a 2nd Home or Investment Property appeared first on Maximum Real Estate Exposure.

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Sales 98

Broke Agent Media

JANUARY 27, 2023

BAM Key Details: Buyers and renters on Zillow can now search for their ideal home the same way they would describe it to a friend, including features like location, layout, style, condition, lifestyle, etc. Zillow is the first real estate platform to adopt an AI natural-language search engine, which is currently available on Apple devices and coming soon to the Android app.

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Design Residential Technology Industrial 98

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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.

Sales

Maximum Exposure Real Estate

JANUARY 27, 2023

Benefits of Owning a Home For Taxes Do you know the tax benefits of owning a home? Over my three decades of selling real estate, many renters have asked me this question. It has long been understood that there are considerable financial benefits to owning a home. After all, you are paying money into an […] The post Tax Advantages of Owning a Home appeared first on Maximum Real Estate Exposure.

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Broke Agent Media

JANUARY 27, 2023

BAM Key Details: Redfin reports signs of a housing market recovery after a trough in the second week of November 2022. Economists say recovery has begun, with homebuyers returning to the market—but sellers have been slower to jump back in. It’s not every day Redfin reports signs of a housing market recovery. And while the report highlights the differences between today’s housing market and the low point it reached in the second week of November, it corroborates testimonies from agents in the

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Marketing Agents Mortgages As-is 98

Lighter Side of Real Estate

JANUARY 27, 2023

Oh no, the real estate market’s shifting! Is it a “bubble” about to pop? Will prices come crashing down? How much higher will mortgage rates go? Will they come down again? Is it a buyers’ market, or are sellers still in the driver seat? All of that may sound custom tailored to the current market, but those are concerns homeowners, buyers, and agents alike all ponder on a recurring basis.

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Agents Marketing As-is Mortgages 98

Toronto Realty Blog

JANUARY 27, 2023

TorontoRealtyBlog “SCE” Three letters that are wreaking havoc in the real estate industry right now. SCE What in the world is that? The letters “SC” on an MLS listing mean the property is “sold conditionally,” and agents not only know this, but are quite accustomed to seeing it on listings. When the market is hot, fewer properties are sold conditionally, but some still are.

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Purchase and sale agreement Sales MLS Closing 98

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