Tue.Apr 25, 2023

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New home sales proving Wall Street was wrong 

Housing Wire

Why are the homebuilder stocks up so much? Don’t they know the new home sales apocalypse is here? You know, the one that says we have too much inventory and millions of vacant homes in the U.S.? According to this theory, we have more homes under construction than any time in history. The truth is, it’s not 2008 all over again. I understand the lure of the housing 2008 story.

Sales 501
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Newer brokerages take top spots in Mega 1000 rankings

Real Estate News

Several of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass.

Brokerage 336
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New home sales rose by 9.6% in March

Housing Wire

New home sales posted yet another increase in March, rising 9.6% from February to a seasonally adjusted annual pace of 683,000 homes, according to data published on Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). This is the fourth straight month of new home sales increases. On a year-over -year basis, however, new home sales are still down 3.4%.

Sales 435
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New home sales gaining momentum

Real Estate News

The latest U.S. Census numbers on new home sales illustrate an improving market for homebuilders, especially in the South.

Sales 264
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The 2025 Real Estate Roadmap to Success

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.

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Annual home-price growth cooled further in February

Housing Wire

Home price growth cooled further in February, falling to an annual growth rate of 2.0%, according to the S&P CoreLogic Case-Shiller National Home Price Index , released Tuesday. The annual growth rate in January was 3.7%. The national index came in at a reading of 293.17 in February. On a month-over-month basis, the index was up 0.2% before seasonal adjustment.

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CoStar beats expectations, increases revenue by 13%

Real Estate News

The company cited increased traffic to its portal websites, including Homes.com, as one reason for its growth.

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More Trending

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Southeast continues to buck national price-growth trends

Real Estate News

The Case-Shiller data for March showed continuing annual declines in home prices, with stark regional differences.

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Tavant adds automated asset analysis product to its lending platform

Housing Wire

Tavant , a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform, Touchless Lending. The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 386
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What Are the Experts Saying About the Spring Housing Market?

Keeping Current Matters

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring.

Marketing 259
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Rocket’s Karan Kaul plans to prioritize affordability for low-income buyers

Housing Wire

Rocket Central ‘s new vice president of public policy, Karan Kaul, plans to prioritize homeownership opportunities for first-time homebuyers , households of color, low- and moderate-income households that have historically found it difficult to access mortgage credit. As such, Rocket will continue to offer its special purpose credit programs , which allow first-time homebuyers to receive funds toward their down payment and help improve affordability, Kaul said in an interview with HousingW

Finance 368
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Pam Liebman: Corcoran’s 50th year, taking the high road and more

Inman

In advance of the brokerage's second annual BeCorcoran event, the president and CEO spoke with Inman about her thoughts on Corcoran's past, present and future and how the brokerage is meeting a shifting market head-on.

Brokerage 158
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CFPB, DOJ warn AI advances are not an excuse to break laws

Housing Wire

Representatives of federal enforcement and regulatory agencies, including the Consumer Financial Protection Bureau (CFPB), Department of Justice (DOJ), Federal Trade Commission (FTC) and the Equal Employment Opportunity Commission (EEOC) are warning that the emergence of artificial intelligence (AI) technology do not give license to break existing laws pertaining to civil rights, fair competition, consumer protection and equal opportunity.

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New-home sales soar to 1-year high in March as purchases leap 9.6%

Inman

The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new landscape of higher mortgage rates.

Sales 158
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Will Investors With High Credit Scores Pay More Now? What The New Mortgage Rules Actually Mean

Bigger Pockets

New mortgage rules set by the FHFA sent the investing community into panic. But what do these new rules actually mean?

Investor 136
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Redfin calls employees back to the office part-time: ‘No exceptions’

Inman

"Some people will quit over this decision," Redfin CEO Glenn Kelman told employees on Monday in an internal memo. "No one can say we haven’t made it deliberately.

Brokerage 158
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Making $1,200/Month from ONE Rental After Bouncing Back from a BAD Deal

Bigger Pockets

How do you bounce back after waiving inspections, finding out your $100K rehab costs are actually $360K, losing your earnest money deposit, and ultimately having to walk away from your […]

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Don’t knock door-knocking. The benefits still outweigh the risk

Inman

How unsafe is too unsafe? Is it time to forget about door-knocking or can real estate agents still make it work effectively?

Agents 158
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Slash Your Food Budget by $150+ Per Week with EASY, Healthy, and Tasty Meals

Bigger Pockets

Healthy meals that taste great AND save you money? Surely, you can’t have all three! Today’s guest would beg to differ.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Meet the boomerang agents returning to their old brokerages

Inman

As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold.

Agents 158
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March New Home Sales Jump on Lower Rates and Tight Existing Home Supply

Eye on Housing

Lower mortgage rates and limited existing inventory helped to push new home sales up in March, even as builders continue to grapple with increased construction costs and material supply disruptions. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau estimated sales of newly built, single-family homes in March at a 683,000 seasonally adjusted annual pace, which.

Sales 119
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Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects

Inman

The housing sector's resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie's latest monthly forecast.

Sales 158
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Inside an Oceanfront Oasis in Malibu

Sotheby's International Real Estate

Of all the cities and towns along the Southern California coast, Malibu has gained near-legendary status for its sunny beaches, board-friendly surf, cinematic sunsets, and covetable estates. Near the base of a bluff in the exclusive gated community of Sea Level Drive, this distinctive three-level contemporary residence feels perfectly at home here, created with unparalleled views from nearly every vantage point and easy access to the beach, all the better to make the most of its celebrated locat

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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The agent’s guide to learning a real estate market

Inman

Whether you’re a brand new agent or moving into a new area, here’s how to hit the ground running so that you can position yourself as the market expert.

Marketing 158
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U.S. Home-Price Gains Show ‘Modest’ Improvement Despite Track Record

RIS Media

The acceleration of price gains for single-family homes held firm in February, but there were some positive signs of a modest bounce-back in some areas of the latest S&P Case-Shiller Index. The February index posted a 2% annual price gain for single-family homes, down from 3.7% in the previous month. However, the index also showed… The post U.S.

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Home prices have stopped falling. But is it a reversal or a blip?

Inman

Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains.

Finance 158
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New Home Sales Jump for Sixth Consecutive Month

RIS Media

Sales of new single‐family houses in March 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). This is 9.6% above the revised February rate of 623,000, but is 3.4% below the March 2022 estimate… The post New Home Sales Jump for Sixth Consecutive Month appeared first on RISMedia.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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How well do you know real estate? Take our trivia quiz to find out

Inman

Challenge yourself and your colleagues to see who knows the most, and discover new and interesting facts about the industry that you might not have known before.

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7 Ways to Take Your Real Estate Business To The Next Level

Realty Biz

With a number of brokers and businesses battling for clients and seeking to close agreements, real estate is a cutthroat industry. It's crucial to consistently research new techniques and strategies that can advance your real estate firm if you want to stay competitive and expand. We'll go through seven easy ways to improve your property firm in this article.

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CoStar Group bucks sluggish market as revenue jumps 13% in Q1

Inman

The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023.

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24 Hour Showing Notice Will Make Your Home Harder to Sell

Maximum Exposure Real Estate

Advance Showing Notice What does 24-hour showing notice mean? Does requiring 24-hour notice on showings make your home difficult to sell? Good questions, right? When selling a home you occupy, it can be challenging to accommodate real estate showings. Some sellers require a 24-hour notice before any home showing to make things easier. Unfortunately, there […] The post 24 Hour Showing Notice Will Make Your Home Harder to Sell appeared first on Maximum Real Estate Exposure.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.