Sun.Jan 08, 2023

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Purchase lock counts drop to 9-year low as Fed signals more rate hikes

Housing Wire

The Federal Reserve ‘s signals indicating further rate hikes for 2023 appear to have scared buyers away from the market in December. Last month tallied the fewest purchase lock counts in a single month since early 2014 as interest rates and affordability pressures challenged the market. . Mortgage origination activity dropped 19.4% from November to December, marking nine consecutive months of declines.

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Collecting All Real Estate Data in One Search

Propmodo

Most real estate firms today find themselves dealing with massive amounts of data. Between tenant leases, property management records, historical building data, and local economic and demographic information, firms have more capability to produce actionable insights with their data than ever before. Unfortunately, most firms also find that it is difficult (if not impossible) to use the data they have because of the way it is stored.

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How To Clean Your House Like A Pro Before Selling

Realty Biz

Are you getting ready to deep clean your home to prepare it for sale and help restore order in your home? If so, this post is for you! Here, you'll find a list of 9 steps that will help you get a thorough deep clean. From tackling the toughest messes to organizing your space, deep cleaning can help you create a more enjoyable environment for yourself, your family, and potential home buyers.

Sales 107
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How Long Does a Furnace Last, and the Warning Signs That It Needs to Be Replaced

Realtor.com

Design Pics/Getty Images The furnace is one of the most important appliances in your home, as it keeps you and your loved ones comfortable during times when the weather isn’t the most hospitable. “A furnace is a heating appliance used to heat and circulate air,” says Ron Natoli , a mechanical engineer and building systems expert for Robson Forensics in Pittsburgh.

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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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Data Science’s Influence on Commercial Real Estate

Propmodo

All science is based on statistics. Science relies on data, whether it is used to prove a hypothesis or to create a mathematical prediction. Statistics even became its own subset of mathematics. Once computers became the primary tool for scientists to collect and analyze large amounts of data, a new subset of computer science was proposed. The idea behind “data science” was to create new and better ways to prepare, present, and model data and push the boundaries of statistics beyond theory and p

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What Is Boho Home Decor? 5 Effortless Ways to Achieve Eclectic Design

Realtor.com

KatarzynaBialasiewicz/iStock If you’re partial to mixing prints and colors in new, exciting ways, it’s a trend you might want to take for a spin. Boho decor, which draws its name from bohemianism, is an open-minded approach to interior design. It’s all about embracing an eclectic and informal mishmash of patterns and textures. Below, our design experts share the quintessential elements of boho home decor and how simple it is to master this popular look in your home.

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Top 10 Brooklyn Real Estate Listings: A Cobble Hill Co-op, a West Midwood Standalone

Brownstoner

The most popular listings on Brownstoner this week include a Park Slope rental, a Flatbush single-family and a Clinton Hill row house. Popular listings were scattered all over the borough this week, from Bay Ridge to Cobble Hill. The least expensive on the list is a Ditmas Park rental at $2,450… Read More > The post Top 10 Brooklyn Real Estate Listings: A Cobble Hill Co-op, a West Midwood Standalone appeared first on Brownstoner.

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Tips For Selling a House Fast

Maximum Exposure Real Estate

How to Sell a House Quickly Do you need to sell a house fast? It’s a question many folks turn to Google for a solid answer. Maybe you are here because of that? One of the most stressful things you can do in life is to go through the process of selling your home. This […]. The post Tips For Selling a House Fast appeared first on Maximum Real Estate Exposure.

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How to Remove Scratches From Hardwood Floors (With a Walnut)

Realtor.com

blackred/iStock This is a question that plagues just about all owners of these sought-after floors at some point. Moving furniture, fierce stilettos, dirty soccer cleats, and plenty more can mar this surface, and make your whole house look more than a little worn out and run-down. Still, one of the best things about scratches in hardwood floors is that they’re easy to repair, especially compared with vinyl flooring or carpeting, says Brett Miller , vice president of education and certifica

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Real Estate Technology Trends Poised to Dominate 2023

Realty Biz

The New Year is well underway. As time marches on, the real estate industry - as always - continues to adapt and change to new paradigms. As ever, real estate markets will continue to be driven by new and emergent technology trends as today’s experimental approaches become tomorrow’s common tools. Here’s what’s on the horizon for 2023 when it comes to the real estate technology trends that are expected to be big news in the coming year.

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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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Bitcoin: Investing Fad or Final Bullet to Fiat Currency?

Bigger Pockets

Asking for Bitcoin explained is like asking how a rocket works; it’s a little complex. A digital currency is valued at a certain amount of dollars (or euros, yen, etc.) […].

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The Battle of Housing Costs: Cities Where Renters & Owners Have it Better

Point2Homes

The Battle of Housing Costs: Cities Where Renters & Owners Have it Better - Point2 News. Canadian homeowners spend 24% (or almost $300) more than renters on monthly shelter costs. Major Ontario cities boast the most expensive housing costs: Homeowners in 9 cities (including Toronto, Brampton and Markham) pay more than $2,000 a month. Oakville, Vaughan and Milton, ON, are the only cities where all residents (renters, as well as owners) spend more than $2,000 on shelter costs.

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Can the Fed Dodge a Recession in 2023?

Bigger Pockets

The Federal Reserve is a misunderstood arm of the government. Is it public? Is it private? Does congress have any control over it? Most Americans don’t know. Because of this […].

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This Week’s Top Stories: The World’s Largest Real Estate Bubble Is Crashing, & BoC To Hike Further

Better Dwelling

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Clear For Another Hike After Employment Boom: BMO Canada’s employment data is still coming in hot, with the economy adding 104k jobs in December. This drove the unemployment rate down to just 5.0%, only 0.1 points above the 50-year […]. The post This Week’s Top Stories: The World’s Largest Real Estate Bubble Is Crashing, & BoC To Hike Further appeared first on Better Dwelling.

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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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The Expanding Universe of Real Estate Data

Propmodo

Data has made its way into almost every aspect of our lives, and real estate has not gone untouched. Whether it’s negotiating a lease or evaluating a ground-up development, the data used by real estate firms has become a crucial driver of their business decisions. However, real estate data is no longer limited to lease comparables or historical building information.

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The Sexy Tortoise

GeekEstate

[Editor’s Note: Below is the full text of Part I of our 238th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on January 4th, 2023.]. It’s 2023, and founders need to be ready to answer a question seemingly nobody has cared about since 2009: “How quickly can your company become profitable?” From 2009 to 2022, the world was awash with historically cheap capital searching for yield due to the zero interest rate policy (ZIRP) the Fed imple

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Making Real Estate Data Actionable

Propmodo

At this point, the real estate industry has been hearing about the importance of data for so long that it is starting to lose its impact. Besides, even the least technological broker or landlord knows well the value of data. They may not call it “data” but every career or portfolio is built on top of market knowledge. Past success, of course, doesn’t mean that there isn’t room for improvement.

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First Weekend Report

BubbleInfo

Even though I’ve had a record amount of inquiries already, I don’t think there will be many sales early on. The inventory of quality homes is excruciatingly low, the prices are filled with early-season exuberance, the market uncertainty is off the charts, plus come on – it’s only January 8th! Sales in the first quarter […].

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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.

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In Real Estate, Whose Data Is It Anyway?

Propmodo

One look at the list of the largest companies in the world tells you all you need to know about the value of data. The top three, Microsoft, Alphabet, and Amazon, are also the biggest data aggregators in the world. Commercial real estate is one of the industries that rely heavily on data in order to make what can be incredibly profitable or devastatingly costly decisions.

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How To Get Subscribers on YouTube FAST & EASY For Real Estate Agents

Kyle Handy

As a real estate agent, having a strong online presence is crucial to attracting and retaining clients. And with over 2 billion users, YouTube is a powerful platform for connecting with potential buyers and sellers. But with so much competition out there, how can you make sure your channel stands out and gets noticed? In this blog post, we’ll be sharing some simple yet effective strategies for getting subscribers on YouTube, fast and easily.

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How to Prune Roses—and Why You Should Right Now Before It’s Too Late

Realtor.com

iStock These flowers are a gorgeous addition to any yard, but they do require the right care—at the right time. “To maintain strong, great-looking roses, proper pruning is essential,” says Jeff McManus , director of landscape services at the University of Mississippi and author of “ Growing Weeders Into Leaders.” “It is the key that keeps your roses healthy and vigorous while producing beautiful flowers,” McManus explains.

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