Housing Wire
DECEMBER 30, 2022
This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
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Housing Wire
DECEMBER 30, 2022
“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank b
Realtor.com
DECEMBER 30, 2022
Realtor.com If you missed out on the first two missile silos that recently came on the market in Nebraska, you’re in luck. There’s now a third missile silo up for sale in the state. And someone interested in Cold War history should nab it. Listing agents Polly and Mike Figeuroa , both with BancWise Realty, have found an unlikely niche in Atlas-F missile silo sales.
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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.
Housing Wire
DECEMBER 30, 2022
This week’s HW+ member spotlight features Chris Mozilo, divisional vice president, West Division at Newrez Wholesale. Below, Mozilo answers questions about the housing industry: HW Media: What is your current, favorite HW+ article and why? Chris Mozilo: I enjoy anything written by Logan Mohtashami. His use of clear explanations combined with charts makes this crazy market comfortably understandable.
Eye on Housing
DECEMBER 30, 2022
With the end of 2022 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In December, David Logan reported the most recent data on building material prices. These monthly building material updates were among the top viewed posts in 2022. The prices of building materials decreased 0.3% in November (not.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The American Genius for Real Estate
DECEMBER 30, 2022
Responding to emails all day everyday can really cut your productive down. This browser extension can help with that!
Realtor.com
DECEMBER 30, 2022
Photos by @kelseyleighdesignco / @home_decor_daily / @heidicaillierdesign With the new year comes the promise of improvement. For many of us, that means improving one of your most used, high-traffic rooms: the kitchen. Whether the near future holds a light revamp or a gut remodel, there’s nothing more fun than gazing at impeccably designed kitchens to help you get inspired.
Better Dwelling
DECEMBER 30, 2022
Overstimulated Canadian real estate buyers are no longer opting for variable rate mortgages. Bank of Canada (BoC) data shows mortgage borrowers preferred fixed rates in October. Most new borrowers had been opting for variable terms at the start of the year. That trend is rapidly shifting as rates normalize and fixed rates become cheaper. Canadian […].
Real Trends
DECEMBER 30, 2022
Real estate brokers work in a challenging and dynamic industry where short-term success only sometimes translates into a life-long and consistent career. Headwinds that both rookie and veteran brokers will inevitably face include changing interest rates , changes in the economy and unpredictable government policies. Building a referral network is a keystone of every successful real estate agent’s business.
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.
Brownstoner
DECEMBER 30, 2022
While it might be too late to snap up some of these historic properties outside of Brooklyn, you can still read up on tales of menageries, a time-capsule bar and, of course, rumors of a George Washington visit. The most popular Upstate listings story for 2022 concerned a house… Read More > The post Most Popular Upstate Listings of 2022: From an 18th Century Cottage to a Mid-Century Usonian appeared first on Brownstoner.
Lab Coat Agents
DECEMBER 30, 2022
The struggle is real. If you’re in real estate full time and actually do a decent amount of business then you’ve probably faced challenges at some point in your career when referring your customers to agents outside of your marketplace. Agent to agent referral exchange isn’t something you’re taught in real estate school and there isn’t necessarily a handbook on this subject for best practices.
The Mortgage Report
DECEMBER 30, 2022
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. That was welcome. But it was only the second fall in the last eight working days. Unfortunately, markets this […].
HomeLight
DECEMBER 30, 2022
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Delray Beach area “we buy houses” companies do not constitute an endorsement. Individual program details can also 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.
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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.
Realty Biz
DECEMBER 30, 2022
Charleston’s leading boutique real estate firm, The Cassina Group, hires three REALTORS® to join its award-winning team. Austin Garland, Ashley Greenwell, and Lora Jenkins Smith will become part of Team Spartina at The Cassina Group, a group of seven accomplished REALTORS® that work with buyer and seller clients throughout the Lowcountry. Team Spartina is a nationally recognized team, having been honored on Real Trend’s 2022 America’s Best Real Estate Professionals list.
HomeLight
DECEMBER 30, 2022
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Phoenix 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.
Bigger Pockets
DECEMBER 30, 2022
Do you need an LLC for rental property investing? Ask some investors, and they’ll hit back with a resounding “of course!” But ask another group of investors, and they’ll tell […].
Seattle Times Real Estate
DECEMBER 30, 2022
According to an analysis of U.S. metro areas, this Central Washington city has risen fastest in the rankings of America’s costliest places to live since 2010, FYI Guy writes.
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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.
Realty Biz
DECEMBER 30, 2022
As a real estate professional, it’s imperative that you spend time and resources on growing your business. This means you need to find smart, cost-effective marketing methods that deliver consistent results over time. There are perhaps dozens of different marketing strategies you can employ to increase the footprint of your real estate business, depending on what type of client you’re looking to specialize in.
Propmodo
DECEMBER 30, 2022
Florida has always been a complex market for property insurance. That’s the case for residential homeowners and commercial landlords alike. It’s evident to anyone who takes even a passing glance at the news these days that the rising risk of hurricanes, fueled by climate change, threatens states like Florida. The fallout happening in the property insurance industry in the state is creating issues for real estate owners and developers.
Realty Biz
DECEMBER 30, 2022
Investing in real estate might seem impossible if you have never done it before. Most people believe that they have to be expert investors with tons of money to spend to start investing. However, investing in real estate doesn’t require hundreds of thousands of dollars. Anyone can become an investor. The first step for becoming a successful real estate investor is assessing your financial situation and seeing if you qualify for a loan.
Realtor.com
DECEMBER 30, 2022
Getty Images How about a brand-new home to go with the brand-new year? The good news is that 2023 is already full of great opportunities for buyers. We zeroed in on the markets predicted to be red-hot in 2023 and found a surprising number of excellent homes with clean slates—they’re all shiny and new and have never been lived in. And get this: These five primo properties we picked are all priced below $500,000.
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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.
Realty Biz
DECEMBER 30, 2022
About one-third of the people who purchase homes these days pay for them outright with cash. If you're in a position to do this the next time you go to buy a home, you're more than welcome to do it. But not everyone has enough money stashed away in the bank to make an all-cash offer on a home. If you fall into this category, you'll need to learn how mortgages work.
Realtor.com
DECEMBER 30, 2022
Getty Images / Realtor.com Vogue global editor at large Hamish Bowles is parting with his longtime Manhattan apartment after injecting it with his stylish spin. “The apartment was completely renovated,” says listing agent Chris Poore , of Sotheby’s International Realty–Downtown Manhattan Brokerage. The two-bedroom, two-bath unit is available for $2,900,000.
RISMedia
DECEMBER 30, 2022
By Meghan Belnap Considering a few major renovations to add value if you're looking to sell your home soon. While it's always a bonus when you can do the work yourself and save money, there are some renovations you should consider hiring a professional. Here are some suggestions that can increase your home's value. Kitchen […]. The post Renovations That Can Add Significant Value to Your Home appeared first on RISMedia's Housecall.
Sotheby's International Real Estate
DECEMBER 30, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Beverly Hills, California | Sotheby’s International Realty – Beverly Hills Brokerage. In sunny L.A., Hollywood power couple Sofía Vergara and Joe Manganiello put their remodeled, almost 11,400-square-foot L.A. manse on the market this year. 6 Major Celebrity Listings of 2022 That Are Still Up for Grabs – Cottages & Gardens.
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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.
Realtor.com
DECEMBER 30, 2022
HGTV HGTV stars Jonathan and Drew Scott are always eager to please their clients when renovating a house, yet the people they meet on the latest “ Property Brothers: Forever Home ” throw them for a loop. In the episode “Bright Future Ahead,” Chris and Melody in Burbank, CA, tell the brothers, with straight faces, that they want a design style they call “alien eclectic.” You can almost hear a record scratch. “Did you say alien eclectic?
The American Genius for Real Estate
DECEMBER 30, 2022
The positives of Airbnb are worth noting, but so is the negatives, including how it has affected small town America.
BubbleInfo
DECEMBER 30, 2022
This was my favorite song in the Wednesday Rock Blogging category this year, so when I had a chance to go she her at the legendary Whisky-A-Go-Go on the Sunset Strip, I jumped at it – and took Natalie with me! She said she’s not used to seeing her bands up close at venues like […].
The Close
DECEMBER 30, 2022
Founded by Tristan Ahumada and Nick Baldwin, Lab Coat Agents (LCA) Marketing Center promises to be a one-stop shop for all your marketing needs. A quick scroll through their website seems to back this up. They have templates for pretty much anything you’d want to create to market your business on social media or in print. But is LCA Marketing Center worth your hard-earned time and money?
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