Sun.Mar 19, 2023

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Housing Market Tracker: Banking crisis is a new variable

Housing Wire

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Here’s a quick rundown of the last week: The 10-year yield had a roller-coaster week, and so did mortgage rates, but the 10-year yield held its critical line, and mortgage rates ended at 6.55%.

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Housing gaps remain in Asian communities

Real Estate News

A new report from AREAA says Asian homeownership rates trail those of non-Hispanic whites and are comparable to equal-earning Black and Hispanic communities.

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Which Banks Are in Danger of Failing or Collapse?

Marco Santarelli

Recently, a report posted on the Social Science Research Network found that 186 banks in the United States are at risk of failure due to rising interest rates and a high proportion of uninsured deposits. The report titled ‘Monetary Tightening and US Bank Fragility in 2023: Mark-to-Market Losses and Uninsured Depositor Runs?' estimated the market value loss of individual banks' assets during the Federal Reserve's rate-increasing campaign.

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Considerations When You Sell a Home With Solar Panels

Realty Biz

Fitting solar panels is an eco-friendly option if you want to save on your energy bills. A 30% tax credit is available to homeowners to make this easier. As well as these advantages, a solar power system has the potential to increase the value of your home and can make the home more attractive to buyers. Whether solar panels add value to a house depends on a few factors.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Worst of the Week: Bad Real Estate Pics for March 13th-19th, 2023

Broke Agent Media

text Welcome to this week’s selection of bad real estate pics straight from Instagram. #5 made me queasy… More of an optimist? Check out our Best of the Week blog. #1— Bra House I can’t imagine the atrocities that went on in this place. Why are the bras hung like that? View this post on Instagram A post shared by Always visually antagonize when possible (@whatthecrazyhouse) #2—Barbie Dream House I feel entirely overstimulated looking at these photos.

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How Effective Will the New Bing AI ChatGPT Be for Real Estate Agents

Realty Biz

Technological advances currently feel like a blink-and-you'll-miss-it scenario. It was merely weeks ago when Microsoft released Bing Chat-GPT, and it's already become a hot talking point. Real estate agents are forever discovering new and better ways to increase their client leads. Engaging with potential buyers and sellers is a surefire way to boost sales.

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Off-Market Properties: What Are They And How Do You Find Them?

Bigger Pockets

Real estate properties listed as “off-market” are not publicly listed for sale. However, that does not mean that you cannot buy off-market properties.

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What Are Contingencies in Real Estate?

Maximum Exposure Real Estate

What Does Contingency in Real Estate Mean Many buyers and sellers have asked what a contingency in real estate means. The definition of a contingency is an action or condition that needs to be met for a real estate contract to become legal and binding. The real estate contingency definition is something that all buyers, […] The post What Are Contingencies in Real Estate?

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Entering a “New Era” of Higher Prices, Interest Rates, and Employment

Bigger Pockets

Unemployment was supposed to be much higher by now. With the Federal Reserve increasing its rate hikes over 2022 and into 2023, the labor market should have cracked already.

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CityBldr Local Free for 30 Days

GeekEstate Agents & Brokers

CityBldr’s Local product that we mentioned a few weeks back , is now FREE for a month in 150+ US cities. Since COVID, housing insecurity and homelessness have risen. Housing exists at the base level of Maslow’s hierarchy of needs…people and communities need housing to survive, much less thrive. There is one thing every community in the US has in common: they’re built on land.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Ask the Money Experts: Backdoor Roths, Bad Debt, & When to Fire Your Financial Advisor

Bigger Pockets

Starting a business. If you’re just beginning your personal finance journey, this can all seem a bit complicated. Where do you invest first? What should you do with extra cash?

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The Complete Guide to Furnace Repair and Maintenance for Homeowners

RISMedia

By Brooke Chaplan As the weather starts to cool down, now is the perfect time to make sure your furnace is in good working order. After all, you don't want to be left in the cold this winter! In this guide, we'll cover everything you need to know about furnace repair and maintenance, from troubleshooting […] The post The Complete Guide to Furnace Repair and Maintenance for Homeowners appeared first on RISMedia's Housecall.

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Top 5 Recession-Proof Housing Markets In 2023

Bigger Pockets

This article is presented by Rent To Retirement. Read our editorial guidelines for more information.