Housing Wire

JULY 9, 2023

The slow zombie crawl of housing inventory went lower last week as inventory was negative week to week. In addition, mortgage rates rose to a yearly high as labor data stayed firm and purchase apps had their first negative week after three straight weeks of positive growth. Weekly Active listings fell by 866 homes Mortgage rates rose to a year-to-date high of 7.22% Purchase apps were down 5% week to week Weekly housing inventory We had a hat trick in housing last week: weekly active listings wer

Mortgages 479

Mortgages Marketing Banks As-is 479

Inman

JULY 7, 2023

In the face of new harassment allegations at the highest levels of leadership, where is the outrage? asks speaker and writer Valerie Garcia. Is this who we are as Realtors?

As-is 155

As-is MLS Brokerage Agents 155

HomeLight

JULY 11, 2023

Whether the cause is unpaid taxes, unpaid alimony, or unpaid contractor bills, selling a house with a lien against it adds one more wrinkle to the already complex task of a home sale. But don’t fret. “Nine times out of 10 the lien can be paid off through the sale,” says Richie Helali, Mortgage Sales Lead at HomeLight Home Loans. “This way the seller doesn’t need to come up with [the debt] out-of-pocket earlier.

Mortgages 109

Mortgages Title Equity Loans 109

Sotheby's International Real Estate

JULY 7, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Sonoma, California | Sotheby’s International Realty – Sonoma Brokerage The renovated residence overlooks Mt. Diablo, the San Pablo Bay and the San Francisco skyline. Decorist Founder Selling California Wine Country Home for $12.5 Million – Mansion Global In Beverly Hills, Even the Cheapest Homes Cost Millions – The Wall Street Journal Asheville Was Already Cool—Now It’s Luxe – Barron’

Brokerage 128

Brokerage Renovation 128

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.

Loans

NAR: Economic Outlook

JULY 5, 2023

Pending Home Sales Weakened in May May's pending home sales pace declined 2.7% from last month and fell 22.2% from a year ago.

Sales 133

Sales 133

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales.

Mortgages 465

Mortgages Renovation Sales Investor 465

Inman

JULY 6, 2023

Existing-home sales are expected to tumble to a 12-year low by the end of 2023, but they won't stay that way for long, Realtor.com Chief Economist Danielle Hale predicted on Wednesday.

Sales 152

Sales Agents Marketing 152

HomeLight

JULY 19, 2023

Planning how to sell a house full of stuff, whether it’s inherited or your own, is a tough task often complicated by emotions. With the death of a loved one , making funeral arrangements, dealing with grief, and managing an estate are hard enough and harder still when you have to sell a house filled with memories and belongings. If the home is yours, and you’ve decided to downsize to a smaller house, letting go of personal items you’ve collected through the years — and grown attached to but will

Homeowner’s association 120

Homeowner’s association Mortgages Agents Sales 120

Eye on Housing

JULY 10, 2023

Data obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, show that the rising trend of two or more stories homes continued in 2022. Although the overall share remained virtually unchanged, the share of two or more stories homes started construction was greater than one story homes in 2022. Nationwide, the share of new homes.

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Construction 107

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Bigger Pockets

JULY 2, 2023

Artificial intelligence (AI) like ChatGPT might not be great at writing podcast intros, but when it comes to building a rental property or real estate portfolio, these platforms produce far […]

Marketing 106

Marketing 106

Brownstoner

JULY 6, 2023

A lottery has opened for 341 apartments in the 100 percent affordable Atlantic Chestnut development under construction in Cypress Hills on the site of a former food processing plant that burned down in 2012. The Atlantic Chestnut phase one lottery is for the first 14-story building in the three-building, 1,294,400-square-foot development… Read More > The post Affordable Housing Lottery Opens in Cypress Hills for $419 Studios and $722 Three-Bedrooms appeared first on Brownstoner.

Construction 105

Construction Development Marketing 105

Housing Wire

JULY 2, 2023

Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data.

Mortgages 458

Mortgages Marketing Sales As-is 458

Inman

JULY 6, 2023

Janelle Brevard initially sued the National Association of Realtors, claiming her firing was a form of harassment and retaliation. The case ended Thursday, though many questions still remain.

MLS 154

MLS Brokerage Agents Industrial 154

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.

Agents

Real Trends

JULY 3, 2023

With 30 years of real estate experience, Jon Salvador, a Burlington, Iowa-based Century 21 Property Professionals agent, is without a doubt and industry veteran. Over the decades, Salvador has honed his business approach and leaned into his people skills to build his book of business. In 2022, Salvador’s approach led him to close 129 transaction sides, totaling over $19.7 million in sales volume, good enough for the No.

Agents 103

Agents Real-estate owned Brokerage Sales 103

RIS Media

JULY 10, 2023

When looking for your next home, you have many decisions to make. One of those important choices is choosing the neighborhood you want to live in. Living in a subdivision neighborhood is popular, but is it right for you and your family? We look at what to know about living in a neighborhood so you… The post The Pros and Cons of Living in a Subdivision Neighborhood appeared first on RISMedia.

Agents 107

Agents Industrial 107

Bigger Pockets

JULY 2, 2023

Have you ever wondered whether or not real estate is a good investment? Explore why real estate is a great investment and how it can help you achieve your financial goals.

Finance 106

Finance 106

Eye on Housing

JULY 5, 2023

Consumer confidence in June rose to its highest level in 17 months as recession concerns eased. However, spending plans were mixed. Vacation intentions continued to improve, while the intention to buy homes and big-ticket appliances cooled further due to elevated mortgage rates. This shift in consumer preference from goods to services is likely to continue this year.

Mortgages 101

Mortgages As-is 101

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.

Agents

Housing Wire

JULY 7, 2023

The 10-year yield and mortgage rates have been rising close to the 2023 high as some labor data shows that the honey badger labor market is still growing. To make things even more complicated, the spreads between the 30-year mortgage rate and the 10-year yield keep getting wider. The question is: will the labor data push mortgage rates to 8%? In my 2023 forecast , I wrote that if the economy stays firm, the 10-year yield range should be between 3.21% and 4.25% , equating to mortgage rates betwee

Mortgages 408

Mortgages Marketing Land Construction 408

Inman

JULY 7, 2023

Consumer confidence in the housing market "appears to have plateaued at a relatively low level," said Fannie Mae Chief Economist Doug Duncan in a new homeowner survey released on Friday.

Mortgages 147

Mortgages Marketing 147

The Residential Specialist

JULY 31, 2023

Cyndee Haydon, CRS, reveals how ChatGPT helps strengthen her client relationships Before there was real estate, Cyndee Haydon, CRS, began her career in technology. She and her husband moved to Madeira Beach, Florida in 1991 for their joint careers at IBM. The pair left their roles at IBM to pursue full-time careers in real estate in 2005. “We thought, what can we do that interest us with technology backgrounds?

Agents 98

Agents Technology As-is Development 98

RIS Media

JULY 7, 2023

Real estate agents play a significant role in ensuring that every American has equal access to safe and affordable housing. For REALTORS®, upholding the Code of Ethics means treating all clients equally regardless of their race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity. Research, government enforcement and private litigation… The post Fair Housing as a Personal and Professional Priority appeared first on RISMedia.

Agents 100

Agents Industrial 100

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Agents

Bigger Pockets

JULY 7, 2023

100% financing for ALL of your real estate deals? Without thousands of dollars saved up, many people assume there’s no way for them to invest in real estate.

Finance 108

Finance 108

Brownstoner

JULY 31, 2023

While the march of urban development hit Bay Ridge in earnest in the 20th century, nestled amidst the Art Deco apartment buildings and rows of houses there are still some remnants of the 19th century village that once existed. On 99th Street, near Fort Hamilton, one small house, likely dating… Read More > The post Bay Ridge Greek Revival, a Rare Survivor, Could Be Razed for Apartments appeared first on Brownstoner.

Development 98

Development Marketing 98

Housing Wire

JULY 10, 2023

As the spring homebuying season comes to an end, there are distinct signs of the housing market reheating from a home price perspective. The lack of inventory drove home prices up, challenging potential buyers, Black Knight pointed out in its monthly mortgage monitor report. The reheating is widespread with more than half of the 50 largest U.S. markets seeing prices at or above 2022 peaks.

Mortgages 393

Mortgages Residential Principal New Construction 393

Inman

JULY 3, 2023

The North Carolina centenarian, who bought her first home in the 1940s, is settling in at the "lovely house" where she'll live with her son, news station WSOC-TV reported.

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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.

Sales