Housing Wire

NOVEMBER 23, 2022

It’s a terrible time for homebuyers. Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. By taking advantage of the 2-1 temporary rate buydown, Davis was able to lower her 7.25% mortgage rate by 2% in the first year and by 1.5% in the second year.

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Keeping Current Matters

NOVEMBER 23, 2022

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.

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Housing Wire

NOVEMBER 23, 2022

Recent declines in mortgage rates, which are due to a slowdown in inflation growth, have been enough to convince some borrowers to apply for new home loans, according to recent data on mortgage applications. . However, there are still forces pushing many borrowers — mainly lower-income buyers — to stay on the sidelines, industry experts say. . The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage slowed its downward trajectory this week, declining three basis point

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Better Dwelling

NOVEMBER 23, 2022

The Canadian real estate bubble is bursting rapidly as rates rise, and peak buyers are in for a rough time. Canadian Real Estate Association (CREA) data shows the national market peaked in March 2022. We ran the numbers to see how much equity buyers from that month would have at this point. Most peak buyers […]. The post Most of Canada’s Peak Home Buyers With A Minimum Downpayment Are Underwater appeared first on Better Dwelling.

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Agents

Housing Wire

NOVEMBER 23, 2022

With mortgage rates down nearly 50 basis points from the recent peak about a month ago, borrower demand picked up again this week, according to the Mortgage Bankers Association (MBA). The market composite index, a measure of mortgage loan application volume, rose 2.2% for the week ending November 18 after registering a 2.7% increase in the previous week.

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As-is Mortgages Fixed-rate mortgage Loans 397

Realty Biz

NOVEMBER 23, 2022

You might have a job or a business to take care of. Your busy life might not allow visiting your rental property often and ensure its proper management. This can lead to several structural and cosmetic issues in your rental property like cracked ceilings and pest infestation - a big turn-off for potential tenants. This could translate to monetary losses in the long run and followed by frustration.

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Realty Biz

NOVEMBER 23, 2022

The last paper is signed, the keys are in your hand, and you’re finally moving into your new home. Your head is probably filled with visions of fresh paint, furniture arrangements, and other exciting flourishes that will make your new house feel like home. . But in the exciting flush of new homeownership, it’s important to keep economics in mind. Quality furniture and upgrades may only happen once every decade, but the place where expenses really add up?

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Closing Closing costs Finance As-is 109

Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. “While it is true that many nonbanks entered this downturn with a large war chest of cash and capital, this is more than offset by the impact of warehouse and investor covenants, which are causing lenders to move expeditiously to cut costs,” Jim Cameron, Stratmor Group ’s senior partner, wrote in a report published this week.

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Loan Officer Marketing Loans Mortgages 384

Realty Biz

NOVEMBER 23, 2022

Whether you're buying a home for the first time, downsizing from an empty nest, or looking for a spacious pad for your growing family, you'll want to begin the home buying process with proper planning. Experienced homebuyers already know the real estate market changes. Indeed, the market may look a lot different this time around. Housing demands may be high, leaving home buyers wary of finding the perfect house.

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BubbleInfo

NOVEMBER 23, 2022

Yesterday I was delivering pies throughout North County, and visiting with our great supporters – who were mostly past clients. Predictably, the conversation turns to real estate, and observations about what’s going on in the market, now and in the future. In case the subject comes up at your Thanksgiving, here are things we discussed: […].

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Marketing 98

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.

Loans

Sotheby's International Real Estate

NOVEMBER 23, 2022

Photo Credit:Alexander Serzhantov. Sotheby’s International Realty today announced the opening of Kazakhstan Sotheby’s International Realty, signifying the brand’s continued expansion to nearly 220 offices in the EMEIA region. Kazakhstan Sotheby’s International Realty is owned and operated by Andrei Manoukovski and will be led by CEO, Diana Alieva, who bring nearly 30 years of collective real estate experience to the company.

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Branding 97

Eye on Housing

NOVEMBER 23, 2022

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties. While townhouse construction has trended higher in recent quarters, the multifamily segment of the missing middle (apartments in 2 to 4 unit properties) has disappointed. For 2021, there were only 12,000 starts of such residences.

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The American Genius for Real Estate

NOVEMBER 23, 2022

What's up with West Coast housing prices? These 8 Western cities have such high prices, a 200k salary is necessary for a typical home.

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Jason Fox

NOVEMBER 23, 2022

3 Easy Marketing Tips To Grow Your Real Estate Business. Realtors are known to wear many hats in order to be successful in selling and listing homes. From negotiations, listings, staging, and closing, it can be hard for Realtors to find the time to market for new clients. While juggling so many different roles is difficult, Realtors to know what marketing is worth their time!

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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.

Sales

Real Trends

NOVEMBER 23, 2022

In this new video series, Rogers Healy, the owner and CEO of Texas-based Rogers Healy and Associates Real Estate , will offer his perspective of the state of the real estate market and how real estate agents can find opportunity and fine-tune their business and marketing plans. Here, he shares three ways to show buyers and seller gratitude this holiday season.

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Realtor.com

NOVEMBER 23, 2022

Getty Images Few areas of a home you hope to buy get more attention than the kitchen. This is where you may salivate over smart appliances, melt over waterfall countertops, imagine entertaining guests for your next dinner party… and given all the hopes and dreams pinned on this space, it’s no wonder that the kitchen can make or break a decision of whether to make an offer on a home.

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Design House Flipping Branding Closing 82

Bigger Pockets

NOVEMBER 23, 2022

This Black Friday, BiggerPockets is offering a steep discount on all books in our bookstore! Pick up some of the best books in real estate, business, and investing this holiday for […].

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Realtor.com

NOVEMBER 23, 2022

Realtor.com We all love a good Black Friday sale. And what could be better than a Black Friday sale on real estate? OK, so these cozy, little cottages, all priced below $100,000, are not specifically on sale for Black Friday, but they are true bargains that might be tempting to snap up. Some of them might be in somewhat remote locales, but there are certain advantages to getting away from it all.

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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.

Agents

Bigger Pockets

NOVEMBER 23, 2022

Financial freedom isn’t something that most Americans strive towards. For the most part, working at a job, getting a steady paycheck, and bringing home the bacon is enough. That is […].

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Brownstoner

NOVEMBER 23, 2022

Brooklyn will soon be glowing as the holiday lights are turned on and celebrations bring music, food and other activities across the borough. Santa and other holiday fun will be on hand with Christmas tree lighting ceremonies from the weekend after Thanksgiving through the middle of December. 5th Avenue Park Slope… Read More > The post Celebrate the Season With Brooklyn Christmas Tree Lighting Festivities appeared first on Brownstoner.

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Point2Homes

NOVEMBER 23, 2022

Despite many industry professionals believing that 2022 would be the year in which the office space sector would level out in a post-pandemic world, the predicted stabilization has yet to occur. Instead, a combination of factors has halted growth in many office markets across the U.S. From interest rate hikes to working from home becoming the norm and office footprints shrinking, several elements have come together to see vacancy rates continue to rise.

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Brownstoner

NOVEMBER 23, 2022

A housing lottery for 36 truly affordable apartments in Cypress Hills, including five that are rent free, is closing in two days. The East New York Cluster Apartments are spread across three under-construction new three-story buildings at 190 Essex Street, 221 Vermont Street and 581 Belmont Avenue and they include… Read More > The post Cypress Hills Affordable Housing Lottery With Rent-Free Apartments Closes in Two Days appeared first on Brownstoner.

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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.

Agents

Zolo

NOVEMBER 23, 2022

Rural growth has outpaced urban growth for the first time since 1966, here's where Canadians are moving. The post Why the Fastest Growing Cities in Canada Aren’t Cities appeared first on Zolo.

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Brownstoner

NOVEMBER 23, 2022

While the origins of this Brooklyn Heights row house are Greek Revival, the 26-foot wide manse has had some changes over the centuries that include the addition of a fourth floor, expanding its already generous amount of space. Steps from the Brooklyn Heights Promenade, the brick house at 20 Remsen… Read More > The post Massive Brooklyn Heights Row House With Literary History, Plasterwork, Roof Deck Asks $11.5 Million appeared first on Brownstoner.

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Marketing 75

Realtor.com

NOVEMBER 23, 2022

Getty Images / Realtor.com Scottish-born musician KT Tunstall is letting go of her Topanga, CA, abode, which is listed for $3 million. The singer-songwriter, who’s best known for her hit “Suddenly I See,” purchased the property just northeast of Los Angeles in 2018 for $1,587,500, according to Realtor.com®. Since then, the 2003 home’s midcentury look has received some chic upgrades that elevate the landscape, offering endless views from massive windows.

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As-is 64

RISMedia

NOVEMBER 23, 2022

By Brooke Chaplin Bathrooms serve many purposes for all members of the family. From daily grooming activities to nice relaxing showers, a newly remodeled bathroom is the perfect way to start and end your day. If you’re looking to remodel your bathroom, consider the best ideas to make this room more relaxing and enjoyable. Retile […]. The post 4 Additions For Your New Bathroom Remodel appeared first on RISMedia's Housecall.

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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.

Agents

Realtor.com

NOVEMBER 23, 2022

Getty Images The numbers: U.S. new home sales rose 7.5% to a seasonally-adjusted annual rate of 632,000 in October from a revised 588,000 in the prior month, the Commerce Department reported Wednesday. Analysts polled by The Wall Street Journal had forecast new-home sales to fall to a seasonally-adjusted annual rate of 570,000. The data are often volatile.

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The American Genius for Real Estate

NOVEMBER 23, 2022

Only 0.5% of Realtors® hold the NAR GREEN designation certification. You can stand out in the crowd when it comes to sustainability.

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Design 64

Realtor.com

NOVEMBER 23, 2022

HGTV On the HGTV show “ Good Bones ,” Mina Starsiak Hawk not only renovates houses around Indianapolis but often builds them from the ground up. Yet the project on the latest episode strikes some of her crew as a head-scratcher. In “Little but Luxurious,” project manager Cory Miller surveys a piece of land that Starsiak Hawk has purchased for only $10,000. “This lot looks like a driveway,” Miller declares. “It’s a baby lot,” Starsiak Hawk con

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Lab Coat Agents

NOVEMBER 23, 2022

Looking for new ways to generate motivated seller leads? It is important to develop a comprehensive marketing strategy so that you can effectively generate leads and convert them into clients. Find out how Chime’s omnichannel approach to lead generation can help you find potential sellers. Chime Takes A Multi-Channel Approach To Lead Generation.

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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.

Sales