Mon.Jul 25, 2022

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What’s Causing Ongoing Home Price Appreciation?

Keeping Current Matters

If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year.

Marketing 231
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Texana Bank to trim workforce in California

Housing Wire

Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. Lauren Witherspoon, director of human resources, wrote: “Circumstances will force Texana Bank to conduct layoffs,” taking place Sept. 5, according to the document reviewed by HousingWire.

Banks 370
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A Library for All: The Story of Brooklyn’s Central Library, Decades in the Making

Brownstoner

It would be hard to imagine growing up without a public library. No matter if you are in a large city or a small town, the public library has always been a place to discover new worlds. Within the library walls can be found the world we know as well… Read More > The post A Library for All: The Story of Brooklyn’s Central Library, Decades in the Making appeared first on Brownstoner.

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Even super hot housing markets like LA are cooling off

Housing Wire

Our local market feature spotlights five different areas across the country for each HousingWire Magazine. Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Rapid City, South Dakota. Rapid City, South Dakota. Coming in at Realtor.com’s No. 1 housing market for spring 2022, there is no doubt that the housing market in Rapid City is one to watch.

Marketing 369
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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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Real Estate Tech Awards – Applications Due August 1st

GeekEstate

Calling all?startups?and?scale-ups?reimagining the?built world: Colliers is partnering with?CREtech to host this year’s Real Estate Tech Awards, an opportunity for innovative companies that are advancing technology across the CRE industry to be recognized. Get your applications in now and meet us on the global innovation stage October 12 – 13 at?

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More Trending

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Housing Demand Flattens as 1st-Time Buyers Retreat

Eye on Housing

The share of adults planning a home purchase within a year stood at 13% in the second quarter of 2022, unchanged from the previous quarter, but lower than a year earlier (17%). The leveled reading suggests that, after shrinking for the past three quarters, the pool of potential home buyers may have stabilized. Part of the reason housing demand has.

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What is a Buyer’s Market in Real Estate

Maximum Exposure Real Estate

The Definition of a Buyer’s Market In real estate sales, there are essentially three types of markets. There is a buyer’s market, a seller’s market, and a balanced market. The differences between buyers’ and sellers’ markets are like night and day. Real Estate markets go through cycles. The real estate market never stays the same […].

Marketing 110
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How agents transition successfully from residential to commercial real estate

The American Genius for Real Estate

NAR's Spire membership program was birthed out of efforts to diversify the real estate field and a commitment to mentorship. The post How agents transition successfully from residential to commercial real estate appeared first on The American Genius Real Estate.

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Dallas Cowboys fullback and Engel & Völkers agent on his real estate game plan

Real Trends

Nick Ralston, Engel & Völkers Frisco, Texas. Dallas Cowboys fullback Nick Ralston finishes his workout in the Cowboys’ weight room, showers and dresses in the locker room. He walks three minutes to The Formation, a professional workspace in The Star, the Cowboys’ world headquarters. He sits at a desk in the Engel & Völkers Frisco office in The Formation, tending to his other role: real estate agent.

Agents 107
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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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A $4.2M Florida home with cool ’80s vibes and Miami Vice credits hits the market

Fancy Pants Homes

When you think back to the 1980s — the look, the sound, the feel — you likely conjure up thoughts and vibes from one of the most influential TV shows of the decade: Miami Vice. But if you happen to be too young to remember, we’ll happily bring you up to speed. The series, which ran for five seasons on NBC from 1984 to 1989, followed two Metro-Dade Police Department detectives working undercover in Miami.

Marketing 105
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Homebuyers taking a leap of faith and relocating to dream destinations

Real Trends

Sellers are moving further from their original homes this summer, according to a recent Coldwell Banker Real Estate Move Meter report. Based on traffic to the company’s website, the average search covered 1,015 miles, about the distance of New York to Miami. In addition, the report highlighted search interests on a state-by-state basis — important information for brokers and agents marketing their listings.

Agents 105
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Inventory Watch

BubbleInfo

Here’s a look at the difference between the average price per square foot of the active and pending listings. Of those priced under $3,000,000, it shows how the more-expensive superior properties are the ones going into escrow – and the inferior properties aren’t, even when priced less. Apparently, the gap between them isn’t big enough […].

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What Are the Most Effective Ways For Real Estate Agents to Build a Social Media Brand

Realty Biz

As a real estate agent, it’s essential to build your social media brand. However, getting started can be a daunting task. Many agents want to grow an online following overnight, but quickly become discouraged. Instead, find out how you can increase your leads and revenue by taking measured steps and setting attainable goals. Choose the Right Platform For Your Real Estate Niche.

Branding 101
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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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Employment Situation in June: State-Level Analysis

Eye on Housing

Nonfarm payroll employment increased in 38 states in June compared to the previous month while 11 states and the District of Columbia lost jobs. Rhode Island reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 372,000 in June, following a gain of 384,000 jobs in May. On a month-over-month basis, employment data.

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Significant Sales: June 2022 Highlights

Sotheby's International Real Estate

From a USD $62M sale in Naples, Florida to an AUD $4.8M sale in Queensland, Australia, here are June 2022’s five highlighted sales represented by the Sotheby’s International Realty® global network. Naples, Florida. Paul Arpin | Premier Sotheby’s International Realty, $62,000,000. Playa Del Carmen, Mexico. Alejandra Aguilar | Riviera Maya Sotheby’s International Realty, Price Undisclosed.

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Monday Morning Quarterback: Now THIS Is The Tipping Point!

Toronto Realty Blog

TorontoRealtyBlog. Trust me folks, I did not want to write about this. I mean it. But I knew I had to. I just kept putting it off, like at 10:15pm on Wednesday night when you know you have to take the garbage out, but you’re too tired to get off the couch, and the longer you wait, the more likely you are to forget, or convince yourself you can do it in the morning.

Land 93
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5 Emerging Trends in Community Association Management

App Folio

It can be hard to keep up with the prevailing winds of the community association management industry. So much has.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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What Are Prepaid Costs When Buying a Home, And How Do You Calculate Them?

HomeLight

At first, buying a house might seem pretty straightforward. You look through listings, drive around your favorite neighborhood, or maybe search for a haunted house , find one in your price range that you love, make an offer, and you have a house! But once your offer is accepted and you get into the homebuying process, the costs just seem to keep racking up.

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How to Make the Most of Your Real Estate Website Data with Google Analytics

Realty Biz

Real estate is constantly evolving and so are the trends in technology. Today, when it comes to real estate, one of the biggest opportunities exists online. There’s one platform that can give you all the insights you need to keep your real estate business running effectively: Google Analytics. Google Analytics is a powerful web analytics platform run by Google.

As-is 85
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Home Appraiser vs. Home Inspector: What’s the Difference When Selling a Home?

HomeLight

Caveat emptor. Let the buyer beware. One of the world’s oldest sales maxims remains especially relevant in real estate transactions. While a home is usually a family’s largest purchase, it’s also a complex configuration of materials, technology as well as structural and mechanical engineering. And, even a home built with quality construction can fall into disrepair over decades or within an instant after a catastrophic weather event or other event tests or compromises its integrity.

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Daily Links: Brooklyn Families Yet to See Justice in Cases Involving Alleged Serial Deed Fraudster

Brownstoner

In the News He Runs a New York Real Estate Empire. Did He Steal It? [NYT] Heat Waves Sweep the Northeast Over Sweltering Weekend [NYT] What Cooling Off Looks and Feels Like in New York [NYT] Brooklyn Bishop Robbed in Jewelry Heist During Livestreamed Service [NYP] The Singing Reverend Who Switched Seminary for Brooklyn’s Bars… Read More > The post Daily Links: Brooklyn Families Yet to See Justice in Cases Involving Alleged Serial Deed Fraudster appeared first on Brownstoner.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Home price appreciation slows in June

Real Trends

The pace of home price appreciation has started to slow. The national average year-over-year home price appreciation was 15% in June, down from 16.2% in May and 15.6% a year prior, according to the American Enterprise Institute’s Home Price Appreciation Index report , released Thursday. Home price appreciation started to slow after hitting a peak of 17.3% in March 2022, according to AEI.

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What are the Pros and Cons of Flat Fee Real Estate Brokers?

HomeLight

When you bought your house, you probably didn’t pay much attention to commissions. After all, commissions are typically the seller’s responsibility. But when it comes time to sell, that 5%-6% commission can be hard to swallow. You’re wondering if there’s any way to save money on your sale, perhaps by using a flat fee broker. What is a flat fee broker?

MLS 109
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What are the Smart Home Technology Tools that’ll make your home sales sizzle?

Realty Biz

The smart home technology market is no longer a thing of the future. Today, there are touch-screen doorbells, thermostat control via mobile phones, and more, and that’s just the tip of the iceberg when it comes to this growing realm of smart home tech. With that said, it pays to know what today’s hottest smart home technology tools are — not only so real estate agents can tell buyers about them but also so they can pitch smart home technology tools to the sellers of the listings.

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Special Announcement: The Madrona Group has Acquired the John L. Scott Westwood Office

Mandrona Group

The Madrona Group has acquired it’s 2nd John L. Scott office. Along with our Ballard location we have added the. Read More.

Agents 96
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5 Data Proven Ways Agents Can Do 18% More Business

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.