Housing Wire
SEPTEMBER 21, 2022
Are you on TikTok yet? Your future borrowers could be – the social media app is expected to reach 1.8 billion users by the end of 2022, with many users falling under the Millennial and Gen Z umbrellas. As more of these younger borrowers begin to show interest in buying a home, it’s a great idea to use TikTok not only as a way to connect with prospective borrowers, but to educate them on mortgage as well.
Keeping Current Matters
SEPTEMBER 21, 2022
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home.
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Housing Wire
SEPTEMBER 21, 2022
Housing construction in the U.S. during the brief COVID-19 recession, to that recovery, and now in the new housing recession, is going to go down in history as one of those crazy data lines we lived through. Just to give you some perspective here, at the peak of 2005, we had about 2.24 million housing completions in the monthly report. Today, even with over a decade of building growth, we are at 1.342 million.
GeekEstate
SEPTEMBER 21, 2022
They say time is money, which means time is our most valuable resource as landlords. In addition to being a real estate investor and landlord myself, I’m a CEO, an entrepreneur, a husband and a father. I am always, always, always looking for tools and technology that can help me streamline my workflow and give me more time to focus on the bigger picture. .
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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.
Housing Wire
SEPTEMBER 21, 2022
Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. Today, as affordability wanes and housing supply ticks up, house price growth is decelerating and will likely continue to trend towards its historical average.
Eye on Housing
SEPTEMBER 21, 2022
In August, housing starts rebounded but housing permits declined for the second straight month. The August drop in building permits indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. Overall housing starts rose 12.2% to a seasonally adjusted annual rate.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Sotheby's International Real Estate
SEPTEMBER 21, 2022
For those in the know, the timeless coastal village of Osterville has long been a destination for living the quintessential Cape Cod life. Denizens of its shady, breezy lanes and enduring shingled homes enjoy a charming Main Street, fashionable shops, intriguing galleries, fine restaurants, and the amenities of two country clubs. This timeless 5,400-square-foot residence on the shore of North Bay is a luxurious “home base” for reveling in all that the area offers—including the waters of Nantucke
Housing Wire
SEPTEMBER 21, 2022
Demand for mortgage loans increased for the first time in six weeks, ahead of the Federal Reserve ’s meeting on Wednesday, when observers expect at least another 75 basis points hike to the federal funds rate. According to the Mortgage Bankers Association (MBA), the market composite index , a measure of mortgage loan application volume, increased 3.8% for the week ending Sep. 16, compared to the previous week.
HomeLight
SEPTEMBER 21, 2022
According to the National Association of Realtors, as of 2018, the median US homeowner owns their home for about 13 years. Many people, therefore, can expect to purchase more than one home in their lifetime. If you’re getting ready for your next move but are curious about hanging on to your current home to generate rental income, here’s how to buy a second home and rent the first.
Housing Wire
SEPTEMBER 21, 2022
Cincinnati-based Fifth Third Bank NA, part of Fifth Third Bancorp, a regional lender with some $207 billion in assets, has launched a new warehouse-financing arm that will serve independent mortgage bankers. The lender ’s new warehouse financing arm will be led by Donnie Martin, who has more than 25 years of mortgage industry experience. Martin, Firth Third’s group head of mortgage warehouse finance, along with a team of warehouse lending professionals, will be based in Dallas.
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.
HomeLight
SEPTEMBER 21, 2022
Need to sell your house fast in the Lone Star state? Perhaps you’re leaving the city of Dallas for a relaxing retirement in Galveston Island or plan to relocate to scenic California. As you eye the next destination, Texas all-cash home buyers may view your current property as a safe investment in light of the state’s growing popularity. The Census Bureau estimates that between July 2020 and July 2021, Texas added 382,436 , claiming a bigger population increase than any other state.
Housing Wire
SEPTEMBER 21, 2022
Existing home sales continued to fall in August, as homebuyer demand cooled further as a result of the Federal Reserve’s inflation-busting policy. The seasonally adjusted sales rate for existing homes fell 0.4% month over month in August to a rate of 4.80 million, according to a report from the National Association of Realtors (NAR) released Wednesday.
Bigger Pockets
SEPTEMBER 21, 2022
A new trend in home buying shows women are ditching the traditional custom that marriage should precede homeownership. According to the National Association of Realtors, in 2021, single women made […].
Housing Wire
SEPTEMBER 21, 2022
Ann Arbor, Michigan-based mortgage lender Homepoint has raised conforming loan limits ahead of the Federal Housing Finance Agency ’s (FHFA) decision expected to November. The decision follows that of competitors Rocket Mortgage , United Wholesale Mortgage , Pennymac and Finance of America. The company on Wednesday accepted a $715,000 conventional conforming limit for one-unit properties, up 10.5% from the current $647,200 level.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Bigger Pockets
SEPTEMBER 21, 2022
A successful investor finds their “why” where other people find excuses. Real estate investing isn’t without its challenges, but as you overcome more challenges, you become a better investor. Today’s […].
Realty Biz
SEPTEMBER 21, 2022
You may plan on investing in a second home for personal or financial reasons. You probably want to use it as a holiday retreat, a rental for extra income, or a getaway spot for weekends. However, there may come a time when you find it necessary or smart to sell that second home. While you can profit from the sale of your house , especially if its value has improved over time, you’ll probably also have to pay capital gains tax.
Brownstoner
SEPTEMBER 21, 2022
A lottery has launched for 129 truly affordable apartments in an under-construction development that will incorporate cutting-edge green technology at 573 Emerald Street in East New York. The apartments will be in Linden Terrace II, one of three buildings that make up the 548-unit Linden Terrace development. The eight-story Linden Terrace… Read More > The post Lottery Opens for More Than 100 Affordable Units With Solar, A/C, Geothermal in East New York appeared first on Brownstoner.
Realty Biz
SEPTEMBER 21, 2022
The real estate market is in the midst of an unprecedented transformation because of artificial intelligence (AI) and machine learning. The adoption rate for this technology has been steadily growing since its introduction. Here are ways in which artificial intelligence will influence the real estate market : Home Buyers. Real estate agents can use AI to give customers access to more data about real estate.
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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.
BubbleInfo
SEPTEMBER 21, 2022
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. We’ve considered a 2:1 ratio of actives-to-pendings to be a healthy market. While other areas in America are reporting a surge of inventory, it’s not happening here, at least not […].
The American Genius for Real Estate
SEPTEMBER 21, 2022
DuckDuckGo is a search engine that doesn't listen to home recordings, sell you stuff, or track your every movement. They just give results.
Brownstoner
SEPTEMBER 21, 2022
In the News New York City Ends Private Employer Vaccine Mandate, Pushes Boosters [NYT] MTA to Install Security Cameras in Train Cars [NYT] NYC Reaches $1 Million Secured Against Owners of Zombie Properties [Eagle] F Train Suspended Most Weekends Through 2023, Starting Friday [BP] Scenes From BagelFest (Brooklyn’s Best Bagel Is From Connecticut) [BK Mag] New… Read More > The post Daily Links: Following Brooklyn Subway Shooting, MTA Will Install Two Cameras in Each Car Citywide appeared
Real Estate Investar
SEPTEMBER 21, 2022
Land tax changes in Queensland could soon make it more expensive to own property in the sunshine state if you also own property in other parts of the country.
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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.
The American Genius for Real Estate
SEPTEMBER 21, 2022
Everyone has an idea how much they feel like they should paid while working, but what about when not working - in your free time?
Mashvisor
SEPTEMBER 21, 2022
Just when you think it couldn’t get any worse, it did. Housing and rent are now the new gas, with rent inflation hitting consumers really hard.
Real Trends
SEPTEMBER 21, 2022
As a broker-owner, I act as a CEO, coach, therapist, cheerleader and shoulder-to-cry-on for a few hundred professionals. I get to celebrate closings, successes and goals achieved, but also be there when deals are crashing, agents are threatened with litigation or are fired by their customers, and when their exclusive agreements are blatantly violated.
The American Genius for Real Estate
SEPTEMBER 21, 2022
There are those who enjoy "being in leadership” and then, there are those that are more interested in actually leading. Let's break it down.
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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.
Realty Biz
SEPTEMBER 21, 2022
As the founder of Vacation Property Partners, I encourage careful thought, analysis, and prudence before taking that big step to buy a vacation home,” states Ed Kushins , vacation property visionary, and entrepreneur. “Here are some things you can consider to mitigate some of the possible mistakes noted in the Yahoo Finance article.” Making an Emotional Investment.
The American Genius for Real Estate
SEPTEMBER 21, 2022
With the overload of online ordering since the pandemic, Starbucks has found itself overwhelmed, and is looking to make changes.
BubbleInfo
SEPTEMBER 21, 2022
Here’s more click bait on the front page of the local paper, and most people won’t read any further – it’s too easy to decide to do nothing, which is fine. Wait as long as you want, and we will see where it goes. It’s a great plan if you’re a buyer and don’t care […].
The American Genius for Real Estate
SEPTEMBER 21, 2022
Walmart is not the first commerce company to adopt AI strategies into the shopping experience, but this one takes it a whole new level.
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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.
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