Sun.Oct 22, 2023

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How to get a real estate license in Texas

Housing Wire

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. That’s a longer program than in most states. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State. In this article, we’ll take you through the Texas real estate licensing process step-by-step, sharing the costs, time commitment and all the details you’ll need to launc

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New Mortgage Report: Originations Plummet, Buying Power Wiped Out

Bigger Pockets

Mortgage demand has fallen off a cliff, according to Black Knight’s recent Mortgage Monitor Report.

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Seattle voters to decide on $970M levy to fund affordable housing

Seattle Times Real Estate

Supporters say the levy marks a "critical investment" in the city's housing stock, while a sole prominent skeptic argues for other strategies to address the housing shortage.

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How to Pull Yourself Out of Car, Student, or Credit Card Debt

Bigger Pockets

You want to retire, but you’ve got credit debt, auto loans, and student loans.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Top 10 Brooklyn Real Estate Listings: A Bed Stuy Brownstone, a Fort Greene Row House

Brownstoner

The most popular listings on Brownstoner this week include a Bushwick rental, a Park Slope co-op, and a Prospect Lefferts Gardens row house. Popular listings were dotted around the borough this week. The least expensive property on the list is a pricey Bushwick rental at $15,000 a month and the most… Read More > The post Top 10 Brooklyn Real Estate Listings: A Bed Stuy Brownstone, a Fort Greene Row House appeared first on Brownstoner.

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Fannie Mae’s 5% Down Payment Loan for Multi-Family Homes

Marco Santarelli

What is Fannie Mae's 5% down payment loan for multi-family homes? In a groundbreaking move, Fannie Mae has announced a new policy that is set to revolutionize the multi-family housing market. Starting from November 18, 2023, Fannie Mae will reduce the down payment requirement for owner-occupied 2-, 3-, and 4-unit homes to just 5%. This is a significant departure from the previous norm, which demanded down payments of 15-25% for duplexes, triplexes, and four-plexes.

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Tax Planning Strategies for Real Estate Investors

Realty Biz

The smart individuals who put their capital into real estate can profit from rental income from their properties, as well as from the resale of the said properties. But, that is not all. There are also many neat ways to reduce taxes. In this piece today, we will show you many a splendid tax saving solution so that you can easily adapt to the changing market.

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Moving Etiquette: How Much to Tip Movers 2024

Maximum Exposure Real Estate

Navigating the complex world of moving etiquette can be as tricky as assembling that IKEA KALLAX shelf – without instructions! When your living room is brimming with boxes, and movers are expertly winding their way around an obstacle course strewn with last-minute packing chaos, it’s easy to overlook one simple but essential question: How much […] The post Moving Etiquette: How Much to Tip Movers 2024 appeared first on Maximum Real Estate Exposure.

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How to Measure the ROI of Real Estate Content Marketing

Realty Biz

Measuring the return on investment (ROI) allows you to track the effectiveness of your campaigns and determine if they are worth the investment. Consider all the factors that contribute to your investment: the cost of the content, advertising spending, software, etc. Benchmarking your performance helps you understand how your real estate content marketing efforts stack up against industry standards.

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What is Risk Factor?

Realtors Property Resource

Learn about our partnership with Risk Factor. The post What is Risk Factor? appeared first on Realtors Property Resource (RPR).

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Listing-Agent Review of Seller Disclosures

BubbleInfo

This topic came up in my 45 hours of continuing education, and Donna agreed that rarely do listing agents comment on their seller’s disclosures – do they even read them?

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What is Rental Beast?

Realtors Property Resource

Learn about our integration with Rental Beast. The post What is Rental Beast? appeared first on Realtors Property Resource (RPR).

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Federal Reserve To Extend Interest-Rate Pause: Jerome Powell

Marco Santarelli

The Federal Reserve, led by Chair Jerome Powell, has sent a clear signal that they could maintain current interest rates at the upcoming policy meeting. The pause in hikes of interest rates can be extended. However, Powell also cautioned that inflation remains persistently high, leaving the door open for potential interest rate increases if the economy remains robust.

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How to Start an Airbnb Business With No Money

Mashvisor

If you cannot allocate $100,000 to buy a short term rental, you should not get discouraged. There are ways to get into the Airbnb rental business with no money down.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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What Would Cause Housing Market to Crash?

Marco Santarelli

The housing market is one of the most important sectors of the economy, affecting millions of people's wealth, income, and well-being. However, it is also prone to cycles of boom and bust, as we have seen in the past. The last major housing market crash occurred in 2008, triggered by the subprime mortgage crisis and the global financial crisis. It took years for the market to recover, and some areas are still struggling to regain their pre-crisis levels.

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2023 Housing Market Predicted to Have Fewest Sales Since 2008

Marco Santarelli

The housing market is experiencing a significant slowdown , with economists predicting that 2023 will be the slowest year for home sales since the 2008 housing bubble burst. According to a recent report by Fox Business , the housing market is facing several challenges, including persistently high mortgage rates and low inventory, which are discouraging potential buyers.

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How 8% Mortgage Rates are Impacting the US Housing Market in 2023

Marco Santarelli

The housing market in 2023 is facing a perfect storm of challenges that is sending shockwaves throughout the industry. Housing prices have been soaring, supply is painfully tight, and to add to the chaos, the 30-year fixed mortgage rate has surged to a staggering 8%. According to a report by CNBC, this rate is the highest in decades, and it's causing distress among both buyers and sellers.

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Mortgage Rates Reach Historic Highs: 8% Marks a 23-Year Record

Marco Santarelli

Americans seeking to secure mortgages for their homes are now grappling with the highest mortgage rates in over two decades. The average interest rate for a standard 30-year fixed-rate home loan has surged to 8% for the first time since 2000. This data comes from Mortgage News Daily , a trusted source for tracking mortgage rates. The Mortgage News Daily Rate Index has officially hit 8.0% , marking the highest mortgage rates in 23 years.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.