Housing Wire

AUGUST 26, 2022

California real estate startup Reali is shutting down, with plans to lay off most of its employees on Sept. 9. The firm is the latest to fall victim to rising mortgage rates and a drop in home sales. . The San Mateo, California startup cited “the challenging real estate and financial market conditions and unfavorable capital-raising environment” as reasons for shuttering its business that was founded in 2015 by Ami Avrahami and Amit Heller. “Active real estate transactions will

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Brokerage Title Lending Loans 418

Keeping Current Matters

AUGUST 26, 2022

Some Highlights. If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about buying or selling a home in today’s market, reach out to a trusted real estate professional.

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Marketing Mortgages 246

Housing Wire

AUGUST 26, 2022

Restoring price stability will cause some pain now, but will forestall the greater pain of higher inflation, Federal Reserve Chairman Jerome Powell said in a speech on Friday. Powell, speaking at an economic policy symposium in Jackson Hole, Wyoming, made it clear that the Federal Open Market Committee (FOMC) would continue to be tightly focused on bringing inflation back down to its 2% goal.

Mortgages 370

Mortgages As-is Marketing 370

Keeping Current Matters

AUGUST 26, 2022

Some Highlights. If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about buying or selling a home in today’s market, reach out to a trusted real estate professional.

Marketing 244

Marketing Mortgages 244

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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.

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Housing Wire

AUGUST 26, 2022

Amid a shrinking mortgage market and delays in its plan to go public, digital mortgage lender Better.com made another round of layoffs on Friday. That’s the fourth workforce reduction since December 2021, when the company’s Chief Executive Officer Vishal Garg gained infamy for laying off 900 employees in a Zoom meeting. On March 8, Better cut 3,000 jobs , roughly 35% of its staff in the United States and India.

Mortgages 370

Mortgages Industrial Marketing 370

Toronto Realty Blog

AUGUST 26, 2022

TorontoRealtyBlog. Do y’all play fantasy football? I do. I have for more than half of my life… Having downloaded songs on Napster in November of 1998, and having joined eBay in May of 1999, I like to tell stories about my early adopting of technology that make me sound a lot older than I actually am, specifically, to groups of people who don’t care.

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Design Land Technology As-is 124

Eye on Housing

AUGUST 26, 2022

NAHB analysis of the 2021 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing for new home sales accounted for 28.8% of the market, while conventional financing dominated the market at 71.2%. In 2020, share of non-conventional financing was 34.4% of the market while conventional financing accounted for 65.6% of the market share.

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Finance Construction Sales Marketing 119

Housing Wire

AUGUST 26, 2022

The mortgage industry is changing rapidly and originators are focused on adapting to a shifting market in order to stay competitive. HousingWire recently spoke with Lee Smith and John Gibson at Flagstar Bank about what originators can do to align their mortgage products and services with the ebb and flow of the housing market and what Flagstar is doing to help clients remain at the top of their game during this turbulent time.

Mortgages 370

Mortgages VA loan Loans Technology 370

The American Genius for Real Estate

AUGUST 26, 2022

A predator can use the same sales methods as you do, both effectively luring you in through a funnel system of questions. Fascinating.

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Agents Sales Brokerage 111

Fancy Pants Homes

AUGUST 26, 2022

Nestled in the hills above Sunset Strip, an impressive new construction has just hit the market in Los Angeles. Close to the Hollywood Hills , this stunning gated home offers panoramic city and canyon views along with the utmost privacy. Priced at a cool $24.995 million, the plush property offers all the bells and whistles you’d expect in an ultra-luxurious L.A. listing.

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New Construction Construction Closing Agents 111

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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Realty Biz

AUGUST 26, 2022

Many people remember the financial and housing crises of 2007 and 2008. That’s when the overheated housing market didn’t just slow down but instead went into a tailspin with millions of home prices dropping below the amount of the mortgage. These are known as ‘underwater’ mortgages. It also became known as the Great Recession when foreclosures became the icon of the era.

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Lending Equity Loans Banks 103

Coldwell Banker

AUGUST 26, 2022

Coldwell Banker Realty and Guaranteed Rate Affinity make the perfect team for anyone looking to buy and own their own home. The post Coldwell Banker Realty and Guaranteed Rate Affinity Work Together to Help Siblings Fulfill Their Dream of Homeownership. appeared first on Coldwell Banker Blue Matter.

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Mandrona Group

AUGUST 26, 2022

The Fair on 44th – Lynnwood’s Health & Safety Community Block Party will be held on 44th Ave W, between. Read More.

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Notorious ROB

AUGUST 26, 2022

Last couple of days, I’ve given presentations and sat on a panel discussion talking about the class action lawsuits against NAR over the issue of commissions. I thought most people knew about these all-important cases that are making their way through the federal courts. Apparently, only about half of the REALTORS had even heard about them, and those half had not really paid a lot of attention to these cases.

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MLS Bankruptcy Brokerage Sales 96

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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.

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Realty Biz

AUGUST 26, 2022

Home buying is getting harder, with mortgage rates on the rise again this week. This Thursday, they hit an average of 5.55%, according to data from Freddie Mac. Mortgage rates are now almost double what they were one year ago, and the latest data highlights the impact the increases are having on the cost of borrowing. Freddie Mac clocked the average 30-year, fixed-rate mortgage at 5.55% this week, up from 5.13% one week earlier and just 2.87% a year ago.

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Fixed-rate mortgage Mortgages Sales As-is 90

RISMedia

AUGUST 26, 2022

By Devin Meenan During RISMedia’s latest Webinar–“How to Handle Tech Overload and Choose What Will Work For Your Agents” – moderator Joe Rand, chief creative officer of Howard Hanna | Rand Realty, quizzed his panelists on how they’ve most effectively used technology in their businesses. Panelists were Gretchen Pearson, president/owner at Berkshire Hathaway HomeServices Drysdale […].

Agents 81

Agents Technology 81

Brownstoner

AUGUST 26, 2022

In the News Brooklyn-Style Tennis: No Celebs, Plenty of Drama, Nothing Like U.S. Open [NYT] Why Aren’t Subway Stations Air-Conditioned? [NYT] Wait Goes On for NYC Housing Vouchers Despite ‘Immediate’ Fix Pledge [NYP] See It: Marsha P. Johnson Park’s New Design for Entrance [Eagle] Broadway in the Boros to Return After Two-Year Hiatus in September… Read More > The post Daily Links: At Lincoln Terrace Park, Culture and Community Keep the Tennis Scene Thriving appeared first on Brownstone

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Design 76

The Close

AUGUST 26, 2022

Real estate text message scripts can increase your ability to convert your leads. Why? Because many of your prospects may prefer text as their primary method of communication. And honestly, it may be yours too. Having an arsenal of great text message scripts saved in your phone and in your customer relationship manager (CRM) can boost your results and increase your response time for your leads.

Agents 76

Agents Brokerage As-is Marketing 76

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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.

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Brownstoner

AUGUST 26, 2022

On the third floor of a 1930s building, this Kensington one-bedroom has details of the era like arched openings, a breakfast nook and a foyer with a niche along with a renovated kitchen with a dishwasher. The Colonial-Revival style six-story building was completed in 1939, according to its certificate of occupancy.… Read More > The post Kensington One-Bedroom Co-op With Wood Floors, Renovated Kitchen, Closets Asks $485K appeared first on Brownstoner.

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Renovation 76

McKissock

AUGUST 26, 2022

While a small number of real estate appraisers (e.g., review appraisers) may spend their entire workday in an office sitting at a computer, most split their time between the office and the field. Are you a new or prospective appraiser curious about what your workday might look like? Are you a current appraiser wondering how others divide and manage their time?

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Inspection Residential Lending Banks 74

Brownstoner

AUGUST 26, 2022

Rocky construction complications have yet again delayed the reopening of the NYC Ferry stop in Greenpoint by two months, frustrating politicians in the northern Brooklyn nabe as the jetty has remained out of action for more than a year. The landing was supposed to once again serve waterborne commuters this month,… Read More > The post Return of Greenpoint Ferry Service Delayed Again appeared first on Brownstoner.

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Land Construction 74

Mashvisor

AUGUST 26, 2022

Rental property investing is a lucrative venture for investors. But how do you find the most profitable rental investment properties for sale? Table of Contents How Profitable Are Rental Properties?

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Sales Investor 66

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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.

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The American Genius for Real Estate

AUGUST 26, 2022

Will your family business be able to carry on your legacy, or fade away into a manipulated version of the original mission? The answer has everything to do with ethics.

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Redfin

AUGUST 26, 2022

The “Big Peach,” Atlanta, GA , is widely known for its vibrant music scene, Southern cuisine, Coca-Cola, and of course, peaches. Home to top colleges like Georgia Institute of Technology and Spelman College, and iconic sports teams like the Atlanta Falcons, there’s something for everyone living in Atlanta. While Atlanta has so much to offer, even the most loved cities have drawbacks.

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Sales Technology Banks As-is 59

BubbleInfo

AUGUST 26, 2022

From cnbc – an excerpt: Some local markets are seeing even steeper declines over the last few months. San Jose, California, saw the largest, with home prices now down 10% in recent months, followed by Seattle (-7.7%), San Francisco (-7.4%), San Diego (-5.6%), Los Angeles (-4.3%) and Denver (-4.2%). Home prices were still 14.3% higher […].

Marketing 59

Marketing 59

Redfin

AUGUST 26, 2022

The “Queen City,” Charlotte, NC , is the largest city in the state. Home to a number of major corporations, sports teams, cultural attractions, warm summers, and mild winters, there’s no shortage of reasons Charlotte is an awesome city. Certainly, Charlotte is a great place for many to live, but it may not be your top choice. So even if your job is in the city, you don’t have to live in Charlotte.

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Sales As-is 59

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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.

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The American Genius for Real Estate

AUGUST 26, 2022

Cybercrimes can cause some serious problems for you and your clients, but there are easy quick ways to insure the safety of any information.

Technology 59

Technology 59

Redfin

AUGUST 26, 2022

Chicago, IL , known for its skyline, culture, food scene, and stunning architecture, is unsurprisingly home to 3 million residents. From iconic sports teams like the Chicago Cubs, the Chicago White Sox, the Chicago Bears, and the Chicago Bulls, universities like the University of Chicago and Northwestern University, and its beautiful views of Lake Michigan, Chicago is truly a one-of-a-kind city.

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Sales As-is Development 59

Real Trends

AUGUST 26, 2022

As home-price growth continues to slow and buyer demand wanes , fewer potential sellers are listing their homes. The number of new listings fell 15% in the four weeks ending Aug. 21, according to a new report from Redfin , released Thursday. This is the largest year-over-year decline since May 2020 at the start of the pandemic. Overall, the total number of homes for sale fell 0.6% from the previous four-week period , the second consecutive week of decline and the second time the total housing in

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Days on market Sales Mortgages As-is 57

Redfin

AUGUST 26, 2022

San Francisco, CA , home of the Golden Gate Bridge, Alcatraz Island, and Fisherman’s Wharf, is a one-of-a-kind city in Northern California that has drawn people to move to the area for centuries. Whether you have a job at one of the major tech companies, have lived there your whole life, or are a fan of the San Francisco Giants or the San Francisco 49ers, there are countless reasons why you may want to live in the city by the bay.

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Sales As-is Industrial Closing 59

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