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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Mortgages Fixed-rate mortgage MLS Loans 475

Eye on Housing

NOVEMBER 23, 2022

New home sales rebounded in October despite higher mortgage rates, likely due to low existing home inventory and builders using incentives to attract buyers to the new home market. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau estimated sales of newly built, single-family homes in October at a 632,000 seasonally adjusted annual pace, which is.

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Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. What is going on here? My job is always to be the detective, not the troll so let’s take a look at today’s data, as there is a constant theme here that I have talked about for some time. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs.

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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 403

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 131

Housing Wire

NOVEMBER 23, 2022

Mortgage rates are changing every day – and those changes can have big effects on borrowers. Over the last year, it seems that most of those changes have taken an upward trajectory, but there are times that monitoring mortgage rates means good news, such as the rate drop from 7.37% on Nov. 9 to 6.67% on Nov. 10. So how – and how often – should you be communicating rate changes to your borrowers?

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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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Development

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 388

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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Housing Wire

NOVEMBER 23, 2022

Homebuilders must be feeling some whiplash, as new single-family home sales continued to yo-yo in October. After rebounding in August from a drop in July only to fall again in September , new home sales were back up in October, according to data released Wednesday by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.

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HomeLight

NOVEMBER 23, 2022

When the time comes to move, some tenacious homeowners in West Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment.

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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.

Industrial

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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Marketing Staging Closing 103

HomeLight

NOVEMBER 23, 2022

Disclaimer: This post is meant to be used for educational purposes. Links and mentions of Arizona flat fee MLS companies in this story do not constitute an endorsement. Individual program details can change — please visit a provider’s website for the most current information on rate packages, fees, service areas, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

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MLS Agents Sales As-is 102

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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Property Management As-is Marketing 99

HomeLight

NOVEMBER 23, 2022

Disclaimer: This post is meant to be used for educational purposes. Links and mentions of flat fee MLS NJ companies in this post do not constitute an endorsement. Individual program details can change — please visit a provider’s website for the most current information on rate packages, fees, service areas, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

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MLS Inspection Agents Sales 101

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Brokerage

The Close

NOVEMBER 23, 2022

The holiday season is upon us and it’s time to dust off those decorations and get ready to flex those seasonal marketing muscles. We know things have been weird in real estate these past few months, but fear not. You know you can count on the gang here at The Close to help you through it all. We scoured the internet for the best holiday memes (and created some of our own) to get you in the spirit of the festive season.

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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

Realty Biz

NOVEMBER 23, 2022

It should be no wonder that there are more and more eCommerce websites, given that there are 2.2 billion digital consumers globally. People may buy everything they want online without worrying about transportation, parking, crowds, or poor weather. . Thus, establishing an eCommerce company is great if you want to earn money online. Fortunately, opening an eCommerce shop to sell products or services is now simpler than ever.

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Branding Development Sales As-is 92

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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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.

Agents

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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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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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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Realtor.com

NOVEMBER 23, 2022

Getty Images While mortgage rates are rarely great conversation fodder over Thanksgiving dinner, this Thanksgiving is a whole different story. If there’s a homebuyer or seller at your table, you can bet your good gravy the topic will pop up. After all, mortgage rates have more than doubled throughout 2022, blasting past the 7% threshold and hitting a 20-year high in late October.

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Mortgages Fixed-rate mortgage As-is Marketing 84

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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.

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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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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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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