January, 2024

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Blooming Success: Essential Tips for Selling a Home in the Spring

RIS Media

Spring is a season of renewal and blossoming flowers and a prime time for the real estate market. As nature awakens, so does the housing market. It presents the best opportunities for those looking to sell their homes. We will explore expert spring home selling tips, taking advantage of the season’s vibrant energy and heightened… The post Blooming Success: Essential Tips for Selling a Home in the Spring appeared first on RISMedia.

Marketing 140
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Housing demand rises as inventory falls

Housing Wire

Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the lowest bar ever with demand, so let’s add historical context to the data. But, even with mortgage rates higher this year than last year, demand is rising. Purchase application data As we get closer to the end of the first month of 2024, forward-looking purchase application data looks good.

Mortgages 516
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Twenty Two Mistakes to Avoid as a First-Time Buyer

Maximum Exposure Real Estate

Do you know the most common first-time home buyer mistakes? You probably feel overwhelmed if this is your first time buying a house. There is a lot to learn, and it can feel like a bit of a juggling act—which can be hard to do when you’ve never juggled before. Fortunately, plenty of people have […] The post Twenty Two Mistakes to Avoid as a First-Time Buyer appeared first on Maximum Real Estate Exposure.

As-is 135
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NAR President Tracy Kasper resigns, alleges blackmail

Inman

The National Association of Realtors' leader said she recently received a "threat to disclose a past personal, non-financial matter unless she compromised her position at NAR.

MLS 201
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Kenmore’s canceled affordable housing project draws sharp criticism

Seattle Times Real Estate

Plymouth Housing — which operates permanent supportive housing for nearly 1,200 people — said it’s never come so far on a project to have it end so suddenly.

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Top Home Selling Mistakes to Avoid

RIS Media

Selling a home can be complex and challenging. Avoiding the common pitfalls is essential for successful sales. There are many things prospective sellers should know before listing their homes. Maximum Real Estate Exposure provides numerous insights based on years of experience. We will cover the top home-selling mistakes that sellers often make and provide valuable… The post Top Home Selling Mistakes to Avoid appeared first on RISMedia.

Sales 143
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Mortgage rates, inventory and demand rise as price cuts fall

Housing Wire

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. Traditionally at this time of year purchase apps rise and the number of price cuts fall. However, at the current trend, we will break below the lows in the price cut percentage data that we saw in 2023 in the spring of this year. I will watch for rising mortgage rates to see if they change the weekly data.

Mortgages 540
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11 Things Sellers Need To Know Before Listing For Sale

Maximum Exposure Real Estate

Before listing a home for sale, there are many things a prospective seller should know. Knowledge is power when it comes to real estate. The more educated you are on the process, the better off you will be. Selling a house is all about being prepared to hit the market. An educated home seller stands […] The post 11 Things Sellers Need To Know Before Listing For Sale appeared first on Maximum Real Estate Exposure.

Sales 132
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10 powerfully effective ChatGPT prompts for 2024

Inman

Jimmy Burgess shares 10 specific prompts designed for real estate agents that will help you generate leads, grow your business and serve your clients at the highest level possible.

Design 189
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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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Building Black futures in Seattle, with concrete, steel and glass

Seattle Times Real Estate

Africatown Community Land Trust is building affordable housing in Seattle's Central District, while intentionally supporting construction companies run by people of color.

Land 131
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Why Buyers Are Turning to Homes with Dopamine-Inducing Decor

Sotheby's International Real Estate

Jason Friedman and Ruby Friedman – Daniel Gale Sotheby’s International Realty Dopamine increases your happiness, alertness, concentration, and motivation. The best part? With the right stimulus, your brain manufactures it for you. That’s why dopamine decor has become such a popular and powerful aesthetic when furnishing the home. Following the trend of “dopamine dressing” in fashion—where colors and textures can help activate the “feel-good neurotransmitter” in the brain—dopamine dec

Design 128
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How to Find The Best Listing Agent When Selling a House

RIS Media

Selling a home is a significant undertaking. Choosing the right listing agent can make a world of difference in the success of your real estate venture. It becomes exceptionally crucial for a first-time seller to know the importance. Finding the best listing agent involves careful consideration, research, and a thoughtful interview. You will learn strategies… The post How to Find The Best Listing Agent When Selling a House appeared first on RISMedia.

Agents 137
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Fewer homes will take a price cut in spring 2024

Housing Wire

Will the number of homes that take a price cut this year drop below 2023 levels? Yes! If the current trends continue into the strong seasonal pricing period, we will see fewer homes that are discounted before selling. I believe this was the most overlooked housing story of the last year because even as mortgage rates rose all the way to 8% , the home price cut percentage data was always about 4% lower year over year.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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How to Move With Pets With This Animal Friendly Guide

Maximum Exposure Real Estate

After figuring out how to sell a home with pets, your next mission will be to figure out how to move with them. As exciting as it is to go to a new home, a fair amount of stress is always involved. The best way to move with pets is undoubtedly something you’ll want to […] The post How to Move With Pets With This Animal Friendly Guide appeared first on Maximum Real Estate Exposure.

As-is 131
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Equity Angels launches to diversify proptech innovation

Inman

Kenya Burrell-VanWormer, chief growth officer at NEO, and Katherine Winston, founding member and head of marketing at Plunk, have teamed up to build a program that will provide professional mentorship for minority entrepreneurs in proptech.

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Affordable Housing Lottery Opens for Fort Greene Apartments Starting at $910 a Month

Brownstoner

An affordable housing lottery has launched for 87 apartments in a new development on Fort Greene’s South Portland Avenue. The site formerly belonged to an orphanage and is now among a row of church-owned properties. The 13-story Hanson Place Community Plaza development at 142 South Portland Avenue has 104 units total.… Read More > The post Affordable Housing Lottery Opens for Fort Greene Apartments Starting at $910 a Month appeared first on Brownstoner.

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Update: The Housing Bubble and Mortgage Debt as a Percent of GDP

Calculated Risk Real Estate

A year ago, I wrote The Housing Bubble and Mortgage Debt as a Percent of GDP. Here is an update to a couple of graphs. The bottom line remains the same: There will not be cascading price declines in this cycle due to distressed sales. In a 2005 post , I included a graph of household mortgage debt as a percent of GDP. Several readers asked if I could update the graph.

Mortgages 126
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Quick and Easy Marketing Tips For REALTORS®

RIS Media

In real estate, effective marketing is the key to success. As a REALTOR®, implementing savvy marketing strategies can significantly impact your ability to attract potential buyers, showcase properties, and ultimately close deals successfully. We will examine quick and easy marketing tips tailored for REALTORS®. You will see everything from creating a robust real estate marketing… The post Quick and Easy Marketing Tips For REALTORS® appeared first on RISMedia.

Marketing 139
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Mortgage rates dip to 6.6% to mark the lowest level since May 2023

Housing Wire

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% as of Jan. 11, a decrease from last week’s 6.66%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

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How to Know if a House is Overpriced: 10 Ways to Tell

Maximum Exposure Real Estate

If you’re selling your home, you must understand that pricing your home correctly from the beginning is critical. The most common reason a home doesn’t sell is that it is overpriced. But how do you know if you have an overpriced house? There will be signs that will be screaming for you to notice. Without […] The post How to Know if a House is Overpriced: 10 Ways to Tell appeared first on Maximum Real Estate Exposure.

Marketing 124
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Prioritizing the needs of young renters in multifamily housing

Inman

Millennials began reshaping multifamily housing in compelling ways, writes Michael Zaransky, and Gen Z promises to accelerate that change. Property managers must be ready.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Love at First Listing: Navigating the Sweetheart Housing Market This Valentine's Day

NAR: Economic Outlook

Navigating the Housing Market This Valentine's Day Data from the 2023 Profile of Home Buyers and Sellers shows the makeup of households and the role of relationships in shaping homebuying decisions.

Marketing 122
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Top 5 Stories on Brownstoner This Week: MTA to Start Work on Interborough Express Train

Brownstoner

MTA to Start Work This Year on Interborough Express Train Connecting Brooklyn and Queens The proposed Interborough Express light rail, which would connect Bay Ridge and Jackson Heights without entering Manhattan, is inching forward, Governor Kathy Hochul announced on Tuesday. -- Bay Ridge Prewar Two-Bedroom With Dining Room, Herringbone, Views Asks $599K While it’s… Read More > The post Top 5 Stories on Brownstoner This Week: MTA to Start Work on Interborough Express Train appeared fir

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Frequently Asked Questions About Home Appraisals

RIS Media

One of the most essential steps when buying a house or refinancing your existing home is the appraisal. Appraisals can make or break a real estate transaction. Appraisers have significant power in the role they perform for a mortgage lender. After all, their word is gospel. Given their importance, they must be accurate with their… The post Frequently Asked Questions About Home Appraisals appeared first on RISMedia.

Mortgages 141
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Number of price cuts drops as housing inventory rises

Housing Wire

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is housing inventory grow at the level it typically does in January or February instead of being delayed until March or April. Last year at this time, inventory rose week to week and I was hopeful for a typical spring inventory year, but the seasonal bottom didn’t actually happen until April 14.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.