Keeping Current Matters

AUGUST 22, 2023

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then.

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Mortgages 246

Housing Wire

AUGUST 22, 2023

Prospective homebuyers face an obstacle course of challenges – from financing to logistics – once they make the decision to purchase a home. This process can be even more difficult to navigate for those with limited financial resources, first-time homebuyers , and minority borrowers, especially in today’s competitive real estate environment in which prices are high, homes sell fast, and supply is at an all-time low.

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Title Land Industrial Loans 370

Real Estate News

AUGUST 22, 2023

Starting next July, former KW agents who compete against the company will see their profit share distribution reduced from 100% to 5%.

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Agents 246

Housing Wire

AUGUST 22, 2023

“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. Obviously, people don’t sell a home to be homeless. So, when home prices and mortgage rates rise so quickly, some sellers won’t list , which means they’re not buying either. That’s reflected in today’s existing home sales report by the National Association of Realtors (NAR), where they fell again.

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Sales Marketing Mortgages Investor 370

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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

Real Estate News

AUGUST 22, 2023

Researchers from Zillow, Freddie Mac, and Goldman Sachs all issued revised, rising 2023 home value and price forecasts in the past week.

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246

Housing Wire

AUGUST 22, 2023

Atlanta-based Christie’s International Real Estate franchise affiliate Ansley Christie’s International Real Estate poached Georgia’s top performing agent Shirley Gary and 25 of her agents, the company announced in a press release on Thursday. Gary and her agents are coming from an Engel & Völkers franchise she previously owned which had offices in Buckhead and north Fulton County, Georgia.

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Agents Closing Sales 370

Housing Wire

AUGUST 22, 2023

Foreclosure inventory hit a 15-month low in July representing the continued strength of mortgage performance. Loans in active foreclosure fell to 220,000 – the fewest since just after the end of federal foreclosure moratoria – and were down 63,000 or 22% from February 2020, prior to the pandemic, according to Black Knight ’s mortgage performance statistics.

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Staging Loans Mortgages Closing 370

Real Estate News

AUGUST 22, 2023

NAR reported a 2.2% national decline in sales in July, but the West bucked the trend, and more first-time buyers entered the market.

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Sales Marketing 245

Housing Wire

AUGUST 22, 2023

The total number of loans now in forbearance decreased by 5 basis points to 0.39% of servicers’ portfolio volume in July from 0.44% May, according to the Mortgage Bankers Association ’s (MBA) monthly loan monitoring survey. The MBA estimates about 195,000 homeowners are in forbearance plans. Mortgage servicers have provided forbearance to about 7.9 million borrowers since March 2020.

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Mortgages Staging Loans Investor 368

Inman

AUGUST 22, 2023

As the luxury brokerage continues to expand its Midwestern presence, it has strategically moved into Kentucky with Managing Partner Jason Farabee leading the new office, according to the company.

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Brokerage 148

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

Housing Wire

AUGUST 22, 2023

The housing market continues to cool amid high mortgage rates , low inventory and rising property insurance rates. The National Association of Realtors (NAR) suggested a 2.2% month-over-month drop from June, a seasonally adjusted annual rate of 4.07 million, according to its latest report. Despite a sharp drop in home sales compared to the year-earlier period, the median existing-home sales price rose 1.9% from one year ago to $406,700.

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Sales MLS Mortgages Marketing 363

Inman

AUGUST 22, 2023

Real estate-related companies are frequent targets for cybercrime because of their decentralized structure and high-dollar-value services, writes broker Leslie Guiley. Here's how to protect yourself and your business.

Technology 148

Technology Brokerage Agents 148

Housing Wire

AUGUST 22, 2023

Ginger Wilcox’s intricate knowledge of the housing market is almost unparalleled. Her industry experience is vast and includes leadership roles across the housing landscape. Wilcox has a unique skillet and is laser-focused on how to best serve the end consumer. A look at her list of accomplishments includes serving as the head of industry marketing and relations for Trulia , co-CEO and chief revenue officer at RealSure and chief experience officer at Homepoint.

Staging 360

Staging Branding Industrial Technology 360

Inman

AUGUST 22, 2023

The refreshed campaign features a "Move Meter Match-Up" extension that will encourage NFL game viewers on streaming services to compare cities of the different teams from a real estate angle.

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Brokerage Marketing 148

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The American Genius for Real Estate

AUGUST 22, 2023

The latest data is in, and new trends on vacant homes are now available - which states are on the top, and which are on the bottom?

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Inman

AUGUST 22, 2023

NYC's Independent Budget Office's latest study found 13,362 rent-stabilized units have been empty for at least two years. They said it's "impossible" to know if landlords are justifiably keeping them unrented.

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Marketing 148

RIS Media

AUGUST 22, 2023

As the needs of today’s agents and consumers continue to evolve, brokers must adapt their operations to meet the demands of changing times. An eclectic group of progressive brokers will share how they’ve shaped their business models for modern times during the panel discussion, “Shaking Up Your Business Model: How to Stay Current as the… The post CEO Exchange Preview – Shaking Up Your Business Model: How to Stay Current as the Industry Evolves appeared first on RISMedia.

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Industrial Agents Marketing 98

Inman

AUGUST 22, 2023

California-based agent Janet Roberson told Inman she was dismissed from Compass after her testimony at a school board meeting caught the attention of her team leader earlier this month.

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Agents Brokerage 148

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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

Maximum Exposure Real Estate

AUGUST 22, 2023

How Much Does It Cost to Build a House? The cost of building a house can vary depending on several factors. Factors such as location, house size, quality of materials, architectural design, and labor costs can all affect the overall cost. We will explore these factors and provide a breakdown of the costs of building […] The post Cost of Building a House: Expert Guidance appeared first on Maximum Real Estate Exposure.

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Design 98

Inman

AUGUST 22, 2023

Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07 million — or 16.6 percent lower than a year earlier, according to data from the National Association of Realtors.

Sales 148

Sales Mortgages Marketing 148

RIS Media

AUGUST 22, 2023

July marked the first month-over-month decline in home sales since April, signaling that perhaps the peak of summer buying is beginning to taper, according to RE/MAX’s latest national housing report. Growth in the inventory of homes for sale inched up alongside modest increases in interest rates despite strong consumer demand. RE/MAX’s report stated that July… The post Report Finds Sales Are Down, but Sellers Are Still Getting Asking Price appeared first on RISMedia.

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Sales Industrial Marketing 98

Inman

AUGUST 22, 2023

Happy tenants increase the chances they'll renew their leases while keeping investment properties occupied and cash flowing. Here's how to do it.

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Investor 148

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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

RIS Media

AUGUST 22, 2023

Rent prices continued to decrease year-over-year for the third straight month, according to a new report from Realtor.com. Realtor.com’s rental report for July found that the median asking rent in the 50 largest metros increased $15 to $1,759, but remains down $18 from the peak 12 months ago. The July data also marks the first… The post Rising Number of Rentals Drives Down Rent Prices appeared first on RISMedia.

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Industrial Marketing 98

Inman

AUGUST 22, 2023

Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is "confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow.

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Brokerage Industrial 148

RIS Media

AUGUST 22, 2023

Existing-home sales took another hit last month as mortgage rates and a lagging inventory have continued to plague buyers bold enough to enter the market in the current conditions. That showed in the National Association of REALTORS®’ (NAR) latest report on existing-home sales. Sales of previously-owned homes slid by 2.2% in July to a seasonally… The post Existing-Home Sales Activity Falls Further in July Amid Rate and Supply Hurdles appeared first on RISMedia.

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Sales Mortgages Marketing MLS 98

Inman

AUGUST 22, 2023

Trainer and marketing expert Rachael Hite shares a few tips and tricks that you can add to your weekly routine to help you create a solid plan B for reference if the MLS happens to crash.

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MLS Marketing Brokerage Agents 148

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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

Brownstoner

AUGUST 22, 2023

This week, a look back at four of our featured listings from six months ago focuses on homes in Bed Stuy, Dyker Heights, Prospect Heights, and Brooklyn Heights. How did they fare? This unit in an 1890s Bed Stuy flats building has a spacious layout and windows in every room, but… Read More > The post Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract, One off the Market appeared first on Brownstoner.

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Marketing 98

Inman

AUGUST 22, 2023

The essence of garnering rave reviews and inspiring trust in your clients is taking responsibility, even when things don't go according to plan, trainer Bernice Ross writes.

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Agents 148

Calculated Risk Real Estate

AUGUST 22, 2023

From the NAR: Existing-Home Sales Slipped 2.2% in July Existing-home sales receded in July, according to the National Association of Realtors® Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – waned 2.2% from June to a seasonally adjusted annual r

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Sales Closing Mortgages Marketing 98

Inman

AUGUST 22, 2023

Plunk's repair and renovation analysis tools will serve investors who frequent Xome, which also markets nontraditional listings, such as auctions, foreclosures and other investor-minded assets.

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Investor Renovation Marketing Technology 147

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