Keeping Current Matters
FEBRUARY 17, 2023
Some Highlights The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market.
Housing Wire
FEBRUARY 17, 2023
Mike Simonsen, president of Altos Research , will share his data-focused insights on the housing market at Gathering of Eagles 2023. Join Simonsen and other data-obsessed attendees for a “Power Lunch,” on Tuesday, June 20. There’s no need to eat lunch alone at Gathering of Eagles. During Simonsen’s presentation, not only will you break bread with fellow housing industry leaders, but attendees will also get the latest information on the housing market and learn how that data can transform their b
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Real Estate News
FEBRUARY 17, 2023
The software company zavvie has introduced its cash offer and buy-before-you-sell products to brokerages in 11 states, with plans to expand later this year.
Housing Wire
FEBRUARY 17, 2023
Rent-to-own startup Divvy Homes has reportedly conducted a new round of layoffs on Wednesday, which included cuts to a number of high-level positions. This is at least the second round of layoffs for the company in the last six months. Divvy has yet to confirm the layoffs, which were first reported by Inman. However, a number of former employees have posted to LinkedIn about the layoffs, and at least six employees were affected, including a software engineer and a senior project manager. “
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Real Estate News
FEBRUARY 17, 2023
A family business joins BHGRE, KW opens in Germany, Howard Hanna launches community-based mortgage company, SIR grows in Texas, and more brokerage news.
Housing Wire
FEBRUARY 17, 2023
Americans’ debt balances continued to compound in 2022 as inflation put pressure on budgets and the cost of borrowing increased. Aggregate household debt, which includes all outstanding credit market debt held by consumers, increased by $394 billion in the fourth quarter of 2022 alone, according to the Federal Reserve Bank of New York ‘s Q4 Household Debt and Credit report — and mortgage balances were no small part of the equation.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 17, 2023
Servicers know all about the regulatory complexity — whether the rules are coming from the state or federal level or the Consumer Financial Protection Bureau (CFPB) – that often leaves them in a constant state of audit and exam. With so much at risk, servicers must find ways to be preventative and proactive to ensure compliance and longevity. “When you think about the current mortgage servicing landscape, it’s complex,” said Kristin Broadley, Chief Innovation Officer at QC Ally.
Inman
FEBRUARY 17, 2023
The agents who utilize this technology will become more efficient and productive, freeing up time for building the relationships needed to grow their businesses.
Housing Wire
FEBRUARY 17, 2023
Fintech Figure Technologies will partner with NovaWulf Digital Management to provide blockchain technology solutions for a proposed reorganization of troubled crypto lender Celsius. The partnership was made public by Figure on Thursday and comes a day after an announcement from Celsius — which filed for bankruptcy in July 2022 — that it will be acquired by NovaWulf.
Inman
FEBRUARY 17, 2023
The ebb and flow of the real estate business can be affected by the seasons, the economy and more. Luxury agent Amie Quirarte shares ways to weather the slow times while building your business.
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.
Eye on Housing
FEBRUARY 17, 2023
NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that cash purchases made 11.2% of new home sales in the fourth quarter of 2022—the largest share since 1990. The share of cash purchases has climbed each of the past four quarters and six of the last seven. Although the median prices.
Inman
FEBRUARY 17, 2023
Redfin Premier services will now be available to homebuyers across 28 markets. The brokerage also announced new designs for its Redfin Premier Agent profiles and listings.
Sotheby's International Real Estate
FEBRUARY 17, 2023
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Pinecrest, Florida | ONE Sotheby’s International Realty David Ortiz, the former Boston Red Sox slugger, purchased the property for $1.5 million and built a roughly 10,200-square-foot home with five bedrooms. David ‘Big Papi’ Ortiz Asks $12.5 Million for Miami-Area Mansion – The Wall Street Journal 1930s Key West, Florida, Cottage Lists for $3.775 Million – Mansion Global Five of the
Inman
FEBRUARY 17, 2023
"Realistically in this market, this is what it's worth – it's priced to sell," said Shawn Elliott of Nest Seekers, one of the agents who listed the property last week.
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Broke Agent Media
FEBRUARY 17, 2023
On this week’s episode of the Knowledge Brokers Podcast , Byron Lazine and Tom Toole start with rising mortgage rates, which reached 6.75% yesterday and are inching closer to 7%. They discuss their expectations for the first quarter of 2023, given the continued decline in housing inventory , along with the 7.7% drop in mortgage demand. The conversation turned to a CNBC video with Redfin CEO Glenn Kelman saying, “ We’re still at half the housing inventory of 2016–2019 ,” with both Byron and Tom
Inman
FEBRUARY 17, 2023
In Inman's latest Access class, watch Clelia Peters and Liza Benson discuss the new opportunities artificial intelligence technologies will bring to the real estate industry.
Maximum Exposure Real Estate
FEBRUARY 17, 2023
Affordable Home Staging Tips Are you wondering how to stage a house for sale inexpensively? Many potential sellers are wise to look for cheap staging tips. When trying to sell your home, you know that it is crucial to give an excellent first impression to buyers – and part of that good impression requires staging […] The post Staging a House on a Budget With These Tips appeared first on Maximum Real Estate Exposure.
Inman
FEBRUARY 17, 2023
Plunk envisions its data API assisting users in the same way a stock ticker does Wall Street investors, by helping them make critical decisions with the most prompt business information.
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.
Maximum Exposure Real Estate
FEBRUARY 17, 2023
How Long Will It Take to Close Once an Offer is Accepted? Are you wondering how long it takes to close on a house? The time to close can be a mystery to many buyers who have never purchased. One of the questions I get asked from home sellers is what they can expect the […] The post Average Time to Close on a House? appeared first on Maximum Real Estate Exposure.
Inman
FEBRUARY 17, 2023
Brent Thomson has been hired as a strategic adviser for Berkshire Hathaway HomeServices Drysdale Properties as the company looks to expand its presence in California and Nevada.
BubbleInfo
FEBRUARY 17, 2023
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats.
Inman
FEBRUARY 17, 2023
Integration of Wolters Kluwer's eNote and eVault capabilities into Black Knight's digital closing solution, Expedite Close, eliminates the need for multiple vendors.
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.
Realtors Property Resource
FEBRUARY 17, 2023
RPR improves its Property Details pages once again with a handful of various updates, including larger property photos, color-coded pricing tool cards and much more. The post RPR Pushes for Perfection With its new Property Details additions appeared first on Realtors Property Resource (RPR).
Inman
FEBRUARY 17, 2023
Money, glamour and excitement are part of a career in real estate, as are hard work, long hours and responsibility. Find out if you have what it takes to create and maintain a successful real estate practice.
Toronto Realty Blog
FEBRUARY 17, 2023
TorontoRealtyBlog The fact that I don’t have an actual photo of my own family to post today, instead of a stock image, speaks volumes about how I run my family-unit. Perhaps that’s why I feel a getaway for the clan is in order. You get to a certain point in your life when you do more think about your kids than you do yourself. You also get to a certain point in your life when you sound a lot like those people that were older than you, when you were younger, who talked about “t
Inman
FEBRUARY 17, 2023
Knowledge is power, so it's essential to know all there is to know about listings. Here's how to avoid the top mistakes listing agents make.
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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.
HomeLight
FEBRUARY 17, 2023
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Tampa Bay area “we buy houses” companies should not be considered an endorsement. Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more.
Inman
FEBRUARY 17, 2023
Luxury home sales slowed faster than lower-priced homes. Crypto, tech stocks and proptech values plummeted. Is the slowdown impacting wealthy buyers more?
Housing Wire
FEBRUARY 17, 2023
Brady Torgerson, former president of First Security Bank-West , was sentenced to two years in prison for two counts of bank fraud he conducted between 2019 and 2021 when working for the North Dakota-based bank and Union Bank as a loan officer. Three others were also sentenced in connection to the fraud. When Torgerson was president of First Security Bank-West, he funded loans without obtaining necessary financial information, security interest documents or promissory notes, the U.S.
Inman
FEBRUARY 17, 2023
Double-digit growth in open offices was a bright spot for parent company RE/MAX Holdings, which reported a $2.6 million fourth-quarter net loss.
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.
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