Mon.Dec 19, 2022

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Mortgage Rates Are Dropping. What Does That Mean for You?

Keeping Current Matters

Mortgage rates have been a hot topic in the housing market over the past 12 months.

Mortgages 230
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Canada Is In Recession & “Overvalued” Real Estate Will Be Hard Hit: Oxford Econ

Better Dwelling

Canada’s overstimulated economy is experiencing withdrawal from the end of low rates. Oxford Economics‘ warned investors the country is already in recession. It’s expected to spend most of 2023 in recession, and will be hit harder than its G7 peers. Highly indebted households and overpriced real estate shouldn’t expect much relief either.

Investor 144
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Understanding Sellers Disclosure When Selling Real Estate

Maximum Exposure Real Estate

Disclosure in Real Estate: What to Disclose When Selling a House You may not know about a seller’s disclosure when you have never sold a house before. Did you know that real estate disclosure laws vary from state to state? What a seller has to disclose in one state might be completely different than in […]. The post Understanding Sellers Disclosure When Selling Real Estate appeared first on Maximum Real Estate Exposure.

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4 success strategies from Century 21 agents heading into 2023

Real Trends

The real estate market is shaping up to be challenging, yet there are agents who are committed to going big next year by setting aggressive growth goals for the coming 12 months. What are these agents planning to do to fill the year with appointments, listings and showings? How will they have a major impact on the lives of their clients, communities, and the economy?

Agents 126
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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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Buyers: Here’s 5 Ways To Choose a Home That Will Help You Save Energy

Realtor.com

Getty Images We’ve all read the headlines: Fuel and electricity costs are on the rise, and they’re only going to get more expensive as temperatures continue to drop. In some cases, the energy crisis has become so extreme that people are having to choose between buying groceries and heating their homes —a reality that’s hard to comprehend in our modern age.

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Take Advantage of Mortgage Rates While You Can

Realty Biz

This week, mortgage rates dropped for the fifth week in a row. Sure, they are still high at an average of about 6.31% for a 30-year fixed-rate mortgage. And that is only for the best-qualified borrowers with a 20% down payment. But that is what experienced investors tend to be. Here are the reasons why you should be looking at right now as one of the better investment opportunities over the next 9 to 18 months….

Mortgages 108

More Trending

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Inventory Watch

BubbleInfo

THIS TIME LAST YEAR: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ THIS YEAR: We had 155 new listings and 105 new pendings in the last six weeks. There has been ONE detached-home listing between La Jolla and Carlsbad since July 1st. 54% of the detached-homes for sale are priced over $3,000,000. The NSDCC median list price of the 315 active listings […].

Sales 105
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When Will The Fed Lower Rates Again? There Might Be An Answer

Bigger Pockets

Last week, the Fed raised its benchmark interest rate by half a percentage point, a slowdown from previous sprints. Still, the federal funds rate is at its highest since 2007. While […].

Marketing 109
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10 US towns that grew to be the most expensive of the last decade

The American Genius for Real Estate

Due to the pandemic, geographical changes has varied widely across the US. With remote workers and retirees, these towns came out on top.

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14 Great—and Lesser Known—Ski Towns in America Where You Can Still Afford a Home

Realtor.com

Getty Images (4) Some people enjoy hitting the slopes on vacations or weekend trips. But for others, it’s a way of life. Ski towns attract a certain kind of homeowner—those who thrive on the crisp mountain air, the easy-access snow sports, the chill lifestyle, and the tight-knit camaraderie that townies share. But this seductive way of life doesn’t come cheap.

As-is 98
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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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6 New Year’s Resolutions Your Real Estate Agent Might Be Making

Lighter Side of Real Estate

Whether you stick with them or not, the new year is a great time to make some resolutions that’ll improve your life, and maybe even the lives of those around you! Most people make some pretty common resolutions, like: Eat healthier food. Exercise more. Quit drinking or smoking. Travel more. Spend more time with family and friends. Get a better job. Save more money.

Agents 98
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Fort Greene Grocery Store Greene Grape Provisions Reopens After Vacate Order

Brownstoner

Longtime Fort Greene grocery staple Greene Grape Provisions reopened Thursday, December 1, prompting congratulations and sighs of relief on Instagram. The boutique grocer had unexpectedly closed in August after uncovering a structural issue with the building at 767 Fulton Street that prompted the Department of Buildings to issue a vacate… Read More > The post Fort Greene Grocery Store Greene Grape Provisions Reopens After Vacate Order appeared first on Brownstoner.

Closing 97
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5 Signs Your Rental Applicant Will Make a Great Tenant 

Realty Biz

One of the most valuable assets a landlord can have is a great tenant. . To get the tenants you want, you must perform in-depth tenant screening. By using property management software , you get access to the tools you need to manage rental applications, collect documents from tenants, and run credit reports and background checks. Ultimately, it’s up to you to make the determination of whether a tenant meets your standards or not.

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The Mythology of the Coffin Corner

Brownstoner

It is perhaps understandable that the term coffin corner has persisted as a bit of old house lore. “Stair niche” doesn't quite have the same zing. A recess found at the turn of a tight staircase in houses of the mid 19th century, the decorative detail has a much less… Read More > The post The Mythology of the Coffin Corner appeared first on Brownstoner.

As-is 95
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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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Commercial Real Estate Making Waves as Investors Look for Calmer Waters

Realty Biz

The commercial real estate market has begun to show some signs of wavering due to the current economic landscape. While some commercial sectors like healthcare and industrial properties are still performing well, some investors in retail and office spaces are beginning to show some evidence of skittishness by attempting to reduce their exposure to commercial properties.

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New York City Council Unveils New Land Use and Housing Guidelines

Brownstoner

A week after Mayor Eric Adams unveiled his plan to boost housing production across the five boroughs centered around cutting red tape, the City Council released guidelines for getting the most community benefits out of the land use application process and its own housing agenda focused on building more affordable… Read More > The post New York City Council Unveils New Land Use and Housing Guidelines appeared first on Brownstoner.

Land 93
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Side’s Guy Gal on trends in the team business model

Real Trends

Today’s RealTrending features Side Real Estate co-founder Guy Gal. Side is expanding quickly despite the market headwinds. Gal discusses the future of teams, how team business models are changing, the trends he’s seeing with boutique models and what his company is doing to move the industry forward. Here is a small preview of today’s interview with Guy.

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Brooklyn Heights Wood Frame Charmer With Wood Burning Fireplaces, Central Air Asks $9.95 Million

Brownstoner

One of the picturesque wood frames of Brooklyn Heights is on the market for the first time in decades and in addition to its exterior charm it has a location on one of the area's fruit streets and counts Plymouth Church as a neighbor. Within the Brooklyn Heights Historic District,… Read More > The post Brooklyn Heights Wood Frame Charmer With Wood Burning Fireplaces, Central Air Asks $9.95 Million appeared first on Brownstoner.

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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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Pacaso and Realm announce partnership

Real Trends

Second-home co-ownership company Pacaso has launched a joint effort with Realm to match luxury properties with Realm’s membership network of luxury real estate professionals. Pacaso’s listings are being integrated with Realm’s listing network, which currently operates in 42 states in the U.S. and 14 countries, representing approximately 400,000 high net worth individuals who are clients of its members.

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Tired of Turkey? 12 Christmas Dishes to Try

Point2Homes

Tired of Turkey? 12 Christmas Dishes to Try - Point2 News. If you just can’t get excited at the thought of serving turkey at your celebration dinner, there’s still time for a last-minute change of plan that will surprise and delight your guests! To help you banish the boredom of serving the same old bird, our Point2 team put together a list of twelve great alternatives.

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Daily Links: Brooklyn Pols Say BQE Rebuild Must Have Only Two Lanes of Traffic

Brownstoner

In the News They Dispense Street Justice, One Defaced License Plate at a Time [NYT] FreshDirect, But Make It Fashion [NYT] A New Lifeline for Homeless CUNY College Students [NYT] Squatters Booted From Brownsville Homes [NYP] ‘The Mari Lwyd,’ an Immersive Theatrical Bar Crawl, Debuts at Industry City [BP] Brooklyn Pols Cry Foul Over Adams’ BQE… Read More > The post Daily Links: Brooklyn Pols Say BQE Rebuild Must Have Only Two Lanes of Traffic appeared first on Brownstoner.

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Is Real Estate TikTok Legit? The Good, the Bad, and How To Tell the Difference

Realtor.com

Getty Images When TikTok launched in 2017, it was known as a platform for viral dance videos. Since then, its roughly 1 billion users turn to the social media app for videos on an array of topics, from comedy to cooking to something called #RushTok—an oddly intriguing look at the sorority and fraternity recruitment process on various college campuses.

Agents 81
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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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Mortgage and refinance rates today, Dec. 19, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged higher last Friday. But they’ve fallen satisfyingly over the last seven days. Unfortunately, it’s looking this morning as if mortgage rates […].

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Lavish Lake House Cannonballs Onto the Market as Michigan’s Priciest Listing at $18M

Realtor.com

Realtor.com A magnificent 14,636-square-foot lakefront retreat in Petoskey, MI , has cannonballed onto the market for $18 million, making it the state’s most expensive listing. The sellers, who built the home on the banks of Walloon Lake in 2018, used the place as their primary residence. “They didn’t build the house thinking they were going to ever sell it,” explains listing agent Brad Rellinger , with Harbor Sotheby’s International Realty. “They put a lot of ext

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Coldwell Banker Real Estate Group Announces Acquisition of Greater Chicagoland Independent Brokerage D’Aprile Properties

Coldwell Banker

With strategic acquisition, industry leader Coldwell Banker Real Estate Group Expands Footprint in the Midwest. The post Coldwell Banker Real Estate Group Announces Acquisition of Greater Chicagoland Independent Brokerage D’Aprile Properties appeared first on Coldwell Banker Blue Matter.

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The 6-Step Guide to Buying Your FIRST Rental Property

Bigger Pockets

Don’t think you know how to buy a rental property? Give us just one hour of your time, and you’ll be able to score your first investment property in the […].

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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.

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Tennessee’s Camp Cargo Is an Artistic Retreat Constructed From Shipping Containers

Realtor.com

Realtor.com Welcome to Camp Cargo on 5 acres of forest land in the mountains near Sewanee, TN. It’s a one-of-a-kind offering that was difficult to price properly. “As a real estate agent, you have to look for comps to price things and when you find zero comps in the area, you know you have something unique,” says Keith Killebrew with Parks Realty.

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Life of Luxury | Home for the Holidays in Amsterdam

Sotheby's International Real Estate

Amsterdam Sotheby’s International Realty. To be in Amsterdam during the holidays is a special gift. It embodies the nostalgia of picture-perfect towns sculpted inside of a snow globe, with its gabled houses and cobbled roads, decorated lamp posts, romantic bridges, warmly-glowing windows and scents of fresh-baked goods floating on the air. From this stunning heritage home, built in 1930 and fully renovated in 2021, you can settle within the city’s holiday charm and strike out for an exciti

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Mortgage Buydowns Are Making a Comeback

Realtor.com

GETTY IMAGES Carley Chase found her dream home in Chandler, Ariz., this summer: a three-bedroom ranch, close to work, with a pool and a backyard lined with palm trees. Soaring interest rates threatened to put it out of reach. Her lender suggested a temporary buydown that would lower her mortgage payment for the first three years. “I don’t think I would have been able to afford it without the buydown,” Ms.

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Housing market predictions for 2023: Rates, prices, and inventory

The Mortgage Report

Will the housing market get better in 2023? Will rates go down? Will home prices fall — or crash? Experts answer these questions and more.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.