National Association of Realtors: Culture Scan
SEPTEMBER 13, 2023
A Hit TV Show Can Make—and Break—Local Housing Markets Learn from the cases of “Fixer Upper” and “Yellowstone” what you may be dealing with if your area suddenly gains stardom.
Housing Wire
SEPTEMBER 27, 2023
After experiencing a temporary hiccup between July 2022 to January 2023, the U.S. housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Over the past year, the value of the U.S. housing market has surged by more than $2.6 trillion.
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Inman
SEPTEMBER 25, 2023
Across the real estate sector, multigenerational living has emerged as a beneficial solution for many families. As the older generation ages, they’re cared for by loved ones. Younger generations are supported by their parents in sharing the costs and responsibilities of homeownership, and grandparents are available to help raise grandchildren.
Eye on Housing
SEPTEMBER 15, 2023
Over the first seven months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 527,158. On a year-over-year (YoY) basis, this is 18.4% below the July 2022 level of 645,877. Year-to-date ending in July, single-family permits declined in all four regions. The Northeast posted the lowest decline of 12.1%, while the West region reported the steepest.
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RIS Media
SEPTEMBER 14, 2023
Before you buy a home, unless you have the cash to purchase outright, you’ll need to get pre-approved. Understanding how mortgage pre-approvals work is essential. This means finding a lender that offers the type of mortgage you want and then going through the pre-approval process. They will then give you a pre-approval letter that you… The post Does a Mortgage Pre-Approval Expire?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Seattle Times Real Estate
SEPTEMBER 23, 2023
A research paper identified over 90 buildings across the region that would make good candidates for conversion to apartments, but such projects may be unlikely.
Housing Wire
SEPTEMBER 19, 2023
Have we finally hit the limits of the massive boom in 5-unit apartment construction that has been a positive driver of jobs and the fight against inflation since January of 2021? Tuesday’s housing starts report was a mixed bag: housing starts and completions fell with a big hit to 5-unit housing starts. However, housing permits continued to slowly increase, as we’ve seen over the last several months.
Inman
SEPTEMBER 18, 2023
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including "no longer forcing homesellers to pay buyer’s agents.
Brownstoner
SEPTEMBER 6, 2023
In a surprise twist, after a failed Crown Heights rezoning whose resulting 39-story towers and their shadows would have threatened the nearby Brooklyn Botanic Garden, the same developer is back and, unexpectedly, is now seeking a new rezoning to build 14 stories on the property. At the same time, a… Read More > The post End Nears for Crown Heights Spice Factory as Developers Seek Demo Permit and New Rezoning appeared first on Brownstoner.
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RIS Media
SEPTEMBER 21, 2023
Green home improvements have taken center stage in an era marked by growing environmental concerns and a desire to reduce carbon footprints. Homeowners increasingly recognize the importance of adopting Eco-friendly home improvement practices for the planet’s well-being and the long-term benefits they bring to their lives. From solar panels to energy-efficient appliances, an array of… The post Embracing Sustainability: The Top Eco-Friendly Home Improvements appeared first on RISMedia.
Keeping Current Matters
SEPTEMBER 14, 2023
One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy?
NAR: Economic Outlook
SEPTEMBER 20, 2023
Instant Reaction: Fed Announcement, September 20, 2023 The Fed needs to wait and not raise rates. Possible interest rate cuts then need to be considered once inflation is fully under control.
Housing Wire
SEPTEMBER 21, 2023
Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible? NAR ‘s existing home sales report on Thursday gives us insight into the why factor. The median existing-home price for all housing types in August was $407,100, an increase of 3.9% from August 2022 ($391,700). All four U.S. regions posted price increases.
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.
Inman
SEPTEMBER 8, 2023
A July letter from Polsinelli, the outside counsel tapped to investigate misconduct at NAR's behest, found evidence of "creepy" and "disrespectful" behavior that, until now, had not been made public.
Bigger Pockets
SEPTEMBER 30, 2023
According to the latest reports, cities in these regions are under a lot of stress. In turn, costs are rising and cutting into real estate profits. Here's what you need to know.
RIS Media
SEPTEMBER 7, 2023
When you are preparing to sell your home, there are many improvements you can make. While you’ll get many suggestions for things you can do to make your home easier to sell, people rarely suggest things you don’t need to fix. Fixing up your home can be costly, and you might not get the return… The post Home Enhancements Owners Should Avoid Before Selling appeared first on RISMedia.
Keeping Current Matters
SEPTEMBER 7, 2023
Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options?
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.
Realty Biz
SEPTEMBER 7, 2023
Are you considering buying a larger home but unsure if it's the right decision? Your home is more than just a place to live; it's your sanctuary, haven, and, often, your most significant financial investment. As life evolves and families grow, the need for a bigger house may become evident. Maximum Real Estate Exposure is an excellent resource for deciding whether it may be time to upgrade.
Housing Wire
SEPTEMBER 30, 2023
Why are mortgage rates rising? This is a question many people are asking — even some of the Federal Reserve members. We have had back-to-back weeks of the bond market getting wild since the key 10-year yield level of 4.34% broke higher. It didn’t help that the Fed was hawkish after the Fed meeting , as their forward outlook surprised some market players.
Inman
SEPTEMBER 1, 2023
Support for the embattled CEO, who many expected to announce his early retirement as a result of a fast-moving harassment scandal, came late Thursday with a statement from new president Tracy Kasper.
Bigger Pockets
SEPTEMBER 18, 2023
Nationwide, cities continue to impose new regulations on short-term rentals, effectively putting Airbnb hosts out of business in some areas. How can investors protect themselves?
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RIS Media
SEPTEMBER 25, 2023
There is good news to be celebrated in the new-home sector. All measures, from new-home sales to housing starts to building permits and housing completions, are up year-over-year. Given the dearth of housing inventory in the existing-home sales sector, this is cause for celebration. Current homeowners are unlikely to ditch their golden handcuffs of low-interest-rate… The post Why Built-for-Rent Is a Growing Market Segment appeared first on RISMedia.
Keeping Current Matters
SEPTEMBER 27, 2023
You might remember the housing crash in 2008, even if you didn't own a home at the time.
Propmodo
SEPTEMBER 20, 2023
Global temperatures are on the rise and the scientific consensus attributes a significant portion of this warming to man-made climate change. The years between 2015 and 2022 have witnessed eight of the warmest years ever recorded on a global scale according to the United Nations’ World Meteorological Organization. On top of that, widely echoed news stories recently warned us that July 2023 was the hottest month in a staggering 120,000 years.
Housing Wire
SEPTEMBER 29, 2023
Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% of U.S. homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% the month prior. In some markets, more than 50% of active listings have experienced a price cut, according to Altos Research.
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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