Inman
DECEMBER 11, 2023
When it comes to marketing high-end homes, it pays to think like an ad firm. That means knowing your target audience, using themes they’ll understand, and finding ways to creatively defy convention.
Housing Wire
DECEMBER 30, 2023
Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow. Those reading the tracker would have understood why the housing market dynamics shifted on Nov. 9, 2022, and they’ll be ready for what’s coming next.
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RIS Media
DECEMBER 28, 2023
The decision to buy a second property brings a host of considerations, and one of the most crucial among them is whether to sell or rent your existing home. This dilemma requires careful evaluation of financial, emotional, and strategic factors to ensure that the choice aligns with your goals and circumstances. We will explore renting… The post What to Do With Your Home if You Buy a Second Property appeared first on RISMedia.
Seattle Times Real Estate
DECEMBER 29, 2023
The case is the latest challenge to established real estate players, after a federal jury decision dealt a blow to long-standing industry commission practices.
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Calculated Risk Real Estate
DECEMBER 27, 2023
Single-family serious delinquencies were mostly unchanged in November, however, multi-family serious delinquencies increased. Freddie Mac reported that the Single-Family serious delinquency rate in November was 0.54%, unchanged from 0.54% October. Freddie's rate is down year-over-year from 0.66% in November 2022. This is below the pre-pandemic lows.
Real Estate News
DECEMBER 15, 2023
Five women told the Times that it took a lawsuit to get action on predatory behavior. A second lawsuit has been filed. eXp says it let “bad actors” go.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
DECEMBER 7, 2023
Since the 2008 housing crisis , there have been significant changes that prompted the Treasury to place Fannie Mae and Freddie Mac under conservatorship. While the conservatorship has allowed for the mortgage market to be restored to its pre-crisis state and strengthened these two government-sponsored entities (GSEs), there are significant downsides to maintaining the status quo indefinitely.
Inman
DECEMBER 6, 2023
Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is, in fact, losing steam.
RIS Media
DECEMBER 11, 2023
Building a luxury home is a dream for many, but the path to turning that dream into reality involves careful planning and a thorough understanding of the costs involved. Whether you envision a sprawling mansion with breathtaking views or a modern oasis with cutting-edge amenities, the cost of building a luxury home can vary significantly.… The post How Much Does It Cost to Build a Luxury Home appeared first on RISMedia.
Brownstoner
DECEMBER 15, 2023
Locals fighting a rezoning plan to put up two 13-story residential buildings on Windsor Terrace’s Arrow Linen site aren’t against housing, members of the group told a community meeting on Wednesday night. They said they would be happy to see the site return to residential provided the new development fits… Read More > The post ‘Housing Not High Rises:’ Group Opposing 13-Story Arrow Linen Project Says Local Context Missing appeared first on Brownstoner.
Advertiser: Trellis
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.
Real Estate News
DECEMBER 27, 2023
Zillow Group alleges that the MLSs and the MLS Aligned network are participating in anticompetitive practices by limiting member access to ShowingTime.
Calculated Risk Real Estate
DECEMBER 26, 2023
S&P/Case-Shiller released the monthly Home Price Indices for October ("October" is a 3-month average of August, September and October closing prices). October closing prices include some contracts signed in June, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).
Housing Wire
DECEMBER 2, 2023
What a week! Mortgage rates almost fell below 7%, the 10-year yield is below 4.25% again, and people are seriously talking about Fed rate cuts in 2024. Times can change quickly, which is why we created the weekly tracker so you have the information you need in real-time. Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it has created four straight weeks of positive purchase application data.
Inman
DECEMBER 4, 2023
When luxury real estate agents need to foster their referral networks and forge new professional relationships, industry events are fundamental. But what about when you want to connect with prospective clients?
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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.
RIS Media
DECEMBER 7, 2023
Embarking on a real estate career can be exciting and rewarding, allowing individuals to thrive in a dynamic and ever-evolving industry. Whether you are considering a switch in careers or entering the workforce for the first time, understanding the intricacies of starting a career in real estate is crucial. In this comprehensive guide, we will… The post What to Know About Starting a Career in Real Estate appeared first on RISMedia.
Brownstoner
DECEMBER 19, 2023
Under emergency contracts relating to the migrant crisis, and with little public oversight, warehouses in Gowanus and Clinton Hill are being converted into large homeless shelters that could potentially operate for years. A long-vacant former brewery building at 130 3rd Street in Gowanus is being converted into a 400-bed homeless… Read More > The post Former Gowanus Brewery, Clinton Hill Warehouse Slated to Become Migrant Shelters appeared first on Brownstoner.
Real Estate News
DECEMBER 5, 2023
West Penn MLS and multiple brokerage companies are defendants in the latest buyer-broker commission suit filed Monday by home sellers in Western Pennsylvania.
Bigger Pockets
DECEMBER 23, 2023
A good ROI on rental property typically ranges from 6% to 10%, although this can vary with location, property type, and market conditions. In some areas, ROIs over 12% are possible, while in expensive urban locations, a 4% to 6% ROI may still be favorable.
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.
Housing Wire
DECEMBER 16, 2023
The Federal Reserve played the good grinch for Christmas this year and delivered the best gift for homebuyers nationwide, leading to lower mortgage rates. The 10-year yield and mortgage rates fell together after the Fed meetings, which gave us mortgage rates under 7% last week. Mortgage rates and the 10-year yield What a crazy week! Not too long ago, on jobs Friday, I was on the HousingWire Daily podcast saying it’s time to declare war on the Federal Reserve for being too restrictive; you can li
Inman
DECEMBER 12, 2023
Public nominations are now open in four awards categories for 2024, including a slate of new honors designed to spotlight achievements in artificial intelligence and recognize real estate's emerging leaders.
RIS Media
DECEMBER 20, 2023
Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one, and what it entails.… The post Reasons For a Property Survey appeared first on RISMedia.
1000Watt
DECEMBER 8, 2023
We were outraged. And maybe, if we were honest, not exactly surprised. Newsday had laid it all bare out on Long Island — the steering, the winking and nodding, the nasty reheated racism of people with no business practicing real estate. The Newsday investigative report on discrimination by real estate agents hit in 2019. It prompted outcry, hearings in Albany, and not nearly enough agent license revocations.
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.
Real Estate News
DECEMBER 26, 2023
Despite 8% interest rates in October, annual home price growth continued to increase in most markets, the latest Case-Shiller report shows.
Eye on Housing
DECEMBER 21, 2023
NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $129 billion in taxes were paid by property owners in the third quarter of 2023 (not seasonally adjusted).[1] In the four quarters ending Q3 2023, state and local governments collected $757 billion of property tax revenue—an 11.6% increase over Q3 2022. The year-over-year growth rate of property tax revenue.
Housing Wire
DECEMBER 9, 2023
The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Weekly housing inventory data We will start with the price cut data percentage because it deserves a detailed explanation. 2022 was a historic year for housing as we had the most significant home sales crash ever, and mortgage r
Inman
DECEMBER 26, 2023
This year's top how-tos run the gamut from commission conversations to content creation. Ranked by highest readership, here are the top how-tos from Inman contributors this year.
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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.
RIS Media
DECEMBER 20, 2023
In the realm of real estate transactions, one crucial aspect that both sellers and real estate agents must carefully consider is the type of listing contract they enter into. The Exclusive Agency and exclusive right-to-sell agreements are two common types of listing contracts. These contracts define the relationship between the seller and the real estate… The post Exclusive Agency vs.
Seattle Times Real Estate
DECEMBER 18, 2023
Molbak’s Garden + Home is working out details of its closure after 67 years, according to its CEO, who says "there are no financially viable options" to move forward.
Real Estate News
DECEMBER 12, 2023
Economists were optimistic about the year ahead, but noted that inflation and mortgage rates will be key factors.
Propmodo
DECEMBER 11, 2023
One of the biggest technological advancements of 2023 has been the commercialization of Artificial Intelligence. Much of the AI being used currently is generative AI, which refers to artificial intelligence that can not only interpret existing data but also generate new information based on the data it was trained on. For real estate, this type of technology has already had a significant impact on how properties are being marketed and will have an even greater impact in the coming years.
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.
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