Housing Wire
MARCH 30, 2023
With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? Many people predicted that the U.S. housing market would crash during the pandemic. One of the main reasons for that fear was that housing credit was about to get tight, meaning fewer people could buy homes with mortgages.
Real Estate News
MARCH 30, 2023
In a tough year for real estate, many of the top companies and franchise brands held onto their rankings, but only a few were able to grow sales volume.
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Housing Wire
MARCH 30, 2023
Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Freddie Mac’s Primary Mortgage Market Survey showed on Thursday that the 30-year fixed-rate mortgage was 6.32% as of March 30, down 10 basis points from the previous week, mainly due to the economic uncertainty caused by bank collapses.
Keeping Current Matters
MARCH 30, 2023
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market.
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Housing Wire
MARCH 30, 2023
New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage loan officers, final “docs” associates, desktop support professionals and business solutions architects, among others.
Real Estate News
MARCH 30, 2023
Agents surveyed for NAR's Profile of Home Staging reported that staged homes can sell faster and for more money, even in a sellers market.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
MARCH 30, 2023
Since peaking in November, rates have been up and down — and up and down. Economists say it's hard to predict what's next, but buyers may want to act now.
Housing Wire
MARCH 30, 2023
The Federal Housing Finance Agency (FHFA)’s Office of the Inspector General (OIG) has determined that the FHFA has followed guidance related to conservatorship of the government-sponsored enterprises (GSEs). However, staff turnover and pervasive record keeping issues have caused a loss of critical documentation, according to a new FHFA OIG report. As a result, new document retention practices should be implemented, the OIG said.
Inman
MARCH 30, 2023
How did we get here, and what should we be focusing on as agents? These are the questions Jimmy Burgess posed to Keeping Current Matters' George Ratiu, chief economist, and David Childers, president.
NAR: Economic Outlook
MARCH 30, 2023
Pending Home Sales Rise for Third Consecutive Month February’s pending home sales pace rose modestly 0.8% last month but fell 21.1% from a year ago.
Advertiser: Trellis
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.
Inman
MARCH 30, 2023
The quintessential GenXer, who took the helm of the the largest franchisor of residential real estate brands in the world in 2017, is a steady, inclusive, decisive leader, Brad Inman writes.
Realty Biz
MARCH 30, 2023
Homes in the United States now cost over $350,000. For many people, rising home prices have served to be an obstacle. For others, they have proven to be a great investment opportunity. Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know.
Inman
MARCH 30, 2023
Watch the new Inman Access classes with Jeff Lobb and Philip Hordijk to learn how and when you should be using ChatGPT and the importance of marketing and finding a niche for your business.
Realty Biz
MARCH 30, 2023
JPAR® - Corona Luxe Realty, a new residential and commercial real estate office in Corona, is set to open its doors in April. This new addition to the city's business landscape is owned and operated by Lynette Andrea. A real estate practitioner with two decades of experience. JPAR® - Corona Luxe will offer a full range of real estate services to clients looking to buy, sell, or lease property in the Corona area.
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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.
Inman
MARCH 30, 2023
Pitt began shopping for a buyer at a $40 million asking price in January, according to reports. The home, he purchased from actress Cassandra Peterson "Elvira," was never publicly listed.
Broke Agent Media
MARCH 30, 2023
Whether you’re a brand new agent or you’ve been at this a while, if you’re struggling with lead generation in today’s market, you need to read this. Sometimes, you just have to take a step back and start from the beginning to see what you’re missing and what’s really hurting your engagement on social media—including your ability to get leads. If you’ve noticed your Instagram presence is doing very little (or nothing) to generate leads, start by working through this guide.
Inman
MARCH 30, 2023
Find out how these Boca Raton natives use social media and the power of networking to create leverage and sell homes.
Broke Agent Media
MARCH 30, 2023
BAM Key Details: According to the National Association of REALTORS, pending home sales for February 2023 are up for the third consecutive month, rising 0.8% to 83.2% Three regions of the U.S. posted monthly gains, while the West declined. An index of 100 is equal to the level of sales contract activity in 2001, when NAR began tracking the data. The National Association of REALTORS® (NAR) announced a third monthly increase in its report on February pending sales , raising the Pending Home Sales
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.
Inman
MARCH 30, 2023
Agents are more open to conversations when the market gets tough because they are looking for solutions that will help them get out of pain and help them thrive for months and years to come.
Broke Agent Media
MARCH 30, 2023
BAM Key Details: T3 released its Tech 200 for 2023—the industry’s best-in-class tech products designed to help real estate professionals streamline their businesses. This year’s Tech 200 features 199 products from 78 companies. Tech tools for real estate professionals are endless—tools that can help you streamline your business from initial contact with a new lead to closing day (and everything in between).
Inman
MARCH 30, 2023
The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million.
Maximum Exposure Real Estate
MARCH 30, 2023
How to Deal With Your Homeowners Association Many folks want to know if you can refuse to join a homeowners association or if a homeowners association can kick you out. These questions are often asked because of an unpleasant experience with an HOA. Knowing how to deal with a homeowners association is probably something most […] The post Can A Homeowners Association Kick You Out?
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.
Inman
MARCH 30, 2023
The work doesn't end once you have a lead. Here's how to turn that possibility into profitability with a month-by-month conversion plan.
Maximum Exposure Real Estate
MARCH 30, 2023
Renting a Moving Truck From U-Haul Are you going to need to rent a moving truck? Are you interested in renting a U-Haul truck? If you are moving from one home to another without using one of the best professional moving companies, a U-Haul rental should be near the top of your list. They are […] The post Renting a U-Haul Truck: What You Need to Know appeared first on Maximum Real Estate Exposure.
Inman
MARCH 30, 2023
Realtor.com's latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity.
Broke Agent Media
MARCH 30, 2023
BAM Key Details: On Wednesday, a federal judge granted class action status to home sellers accusing NAR, Anywhere, HomeServices of America, RE/MAX and Keller Williams of inflating seller costs. This is the second commissions lawsuit to turn into a class action—and has the potential to change how real estate agents are paid. Nearly a year after the Sitzer/Burnett commissions lawsuit turned into a class action, the larger Moehrl lawsuit was granted class-action status by U.S.
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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.
Inman
MARCH 30, 2023
The concept of ‘home renovation’ is undergoing a transformation right now. Things that used to stop sellers in their tracks — bloated quotes, timelines without deadlines, and blind trust — are things of the past. Curbio is disrupting the industry with transparency, technology, and results.
Eye on Housing
MARCH 30, 2023
According to the 2021 American Community Survey (ACS), 23% (or close to 2.5 million) of workers employed in construction are self-employed. This is a whole percentage point higher than the share of self employed in construction in 2019, before the pandemic rattled the labor market. Even though the Covid-19 pandemic boosted self-employment across all industries, construction self-employment rates remain significantly.
Coldwell Banker
MARCH 30, 2023
Coldwell Banker Paraguay is the latest South American company to join the powerful Coldwell Banker global network The post Coldwell Banker Taps into Paraguay’s Booming Real Estate Market appeared first on Coldwell Banker Blue Matter.
Realtors Property Resource
MARCH 30, 2023
The most important guest who attends your open house… is your phone! That’s right, the RPR app is your secret, on-site open house weapon. The post The RPR Mobile™ app: Turn your Next Open House Into a Closed Deal appeared first on Realtors Property Resource (RPR).
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.
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