September, 2022

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What Experts Say Will Happen with Home Prices Next Year

Keeping Current Matters

Experts are starting to make their 2023 home price forecasts.

Marketing 322
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Federal judge rules in favor of FHFA on net worth sweeps

Housing Wire

The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac , has been granted summary judgment on the last remaining claim by investors in a lawsuit alleging the government overstepped its authority when it adjusted its stock-purchase agreements with the agencies and allowed net worth sweeps. The plaintiffs, Fairholme Funds Inc., et al., are private-sector investors in Fannie Mae and Freddie Mac, which have been in conservatorship under FHFA oversight since the 2008 fin

Mortgages 469
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The best week to buy a home is coming up

Real Trends

It is general knowledge that spring time is home selling season , but the best time to buy a house can change from year to year. According to a report from Realtor.com published Wednesday, in 2022, the best week to buy a house is from September 25 to October 1. Many in the industry view fall as “off season” for the housing market, which offers opportunistic buyers many favorable factors including more listing, less competition, and lower prices.

Mortgages 144
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The 29 Best Curb Appeal Ideas for Every Budget (Yes, Even Yours!)

The Close

Despite what you might think, improving a home’s curb appeal doesn’t have to cost a fortune. Check out these curb appeal ideas that successful real estate agents use to make their listings look great and sell faster on a budget. So rest assured: No matter what your budget is, there are ways to make your listing shine. To help you boost your listing’s curb appeal, we worked with top-producing listing agents from Douglas Elliman and Ryan Serhant’s new brokerage SERHANT. to come up with the 29 best

Agents 128
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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

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Be Your Own Builder: The Cheapest Way to Build a House

HomeLight

You’ve heard the stories about people who’ve bucked the system when it comes to homebuying, striking out and building their home themselves at a huge savings. Considering the ever-rising costs of existing homes and the lack of affordable housing in many areas, building new can seem very appealing. But you also have to wonder how sustainable the idea really is.

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NAR’s goal to leave the planet better than how we found it

The American Genius for Real Estate

NAR's Code of Ethics emphasizes that "Under All is the Land," and being good stewards of this land is now critical.

Land 116

More Trending

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Fed Hike and Mortgage Rates

BubbleInfo

The Fed raises their rate by 0.75%, and what happens? That’s right, the conforming 30-year fixed rate went down this afternoon. Chairman Powell said again that intends to cause a reset in the real estate market, but our rates really shouldn’t go up much the rest of the year because at least 1% is already […].

Mortgages 105
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Top tips for mortgage professionals using TikTok

Housing Wire

Social media app TikTok is expected to reach 1.8 billion users by the end of 2022 – will you be one of them? Many mortgage professionals are turning to the platform as a way to connect with prospective borrowers and educate them on mortgage, as well as market themselves. We spoke to UMortgage Branch Manager Arielle Best, known as the VA Loan Lady on TikTok, about the platform and how best to utilize it as a mortgage loan originator.

Mortgages 426
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If You’re Thinking of Selling Your House This Fall, Hire a Pro

Keeping Current Matters

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional.

Marketing 264
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Stop and Ask These 23 Questions When Buying New Home Construction

HomeLight

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. From the fresh paint to the shiny flooring, it’s a blank slate to make your own without dealing with any inherited problems or repairs… or so you hope. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home.

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The Only Business Plan You'll Ever Need in Real Estate

Overthinking your business plan? The old and tired process of building a 12-month business plan simply doesn’t make sense for the modern real estate business. Learn how to build one that will actually help you keep on track, stay nimble, and close more deals in 2022. Download now!

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5 Tips for a Successful Home Renovation

Realty Biz

If you’re in the process of planning a home renovation, you’re likely feeling both excited and anxious. Renovations can be a great way to update your home and add value to it, but they can also be tricky and expensive if not done correctly. Here are five tips to help ensure your renovation project goes smoothly and achieves the desired results.

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11 Awesome Halloween Real Estate Marketing Ideas for 2022 ? (+Templates)

The Close

We at The Close love Halloween! Not only is it the kickoff to the fall season with cooler weather and all things pumpkin spice, but it’s also that time of year to dress in costume, enjoy bite-sized candies, and stir up some screams with Halloween real estate marketing ideas. Fall is typically a great time to focus on a few marketing strategies to refill your pipeline after the busy summer rush.

Marketing 118
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Pending home sales down 24.2% from last August

The American Genius for Real Estate

Pending home sales are down slightly for the month but dramatically for the year, marking a needed cooldown in the market.

Sales 105
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With mortgage rate volatility, buyers can save by shopping around

Housing Wire

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. The survey also indicates a large dispersion in rates, meaning that homebuyers can save hundreds of dollars by shopping around with different lenders. A year ago at this time, rates averaged 3.01%.

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The #1 Reason Why Sales Coaching is Critical to Your 2022 Sales Success

Speaker: Tim Hughes, Co-Founder and CEO of Digital Leadership Associates

In this era of social media, traditional ways of selling are not as effective as they used to be. As prospects become more proficient on social media, many organizations struggle to keep up, not knowing how to navigate the new digital landscape. With most of the world’s population active on social media, it is imperative that teams improve their sales strategies by investing in sales coaching & training.

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Why You Should Consider Condos as Part of Your Home Search

Keeping Current Matters

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget.

Marketing 299
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The Role of a Probate Realtor® And When You Need One

HomeLight

When a homeowner dies intestate (without a will), it can trigger a lengthy legal process called probate. During this legal process, a court sorts through a deceased person’s property and determines which assets belong to whom. And if you’re on the buying or selling end of a probate home sale, it can be shocking to find out just how different the full process can be from a standard sale.

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New Homes Built with Private Wells and Individual Septic Systems in 2021

Eye on Housing

According to NAHB Economics analysis of the Survey of Construction (SOC) data, almost 9% of new single-family homes started in 2021 are served by individual wells and 16% have private septic systems. These shares, however, vary widely across the nine Census divisions with the corresponding shares reaching 36% and 44% in New England – the highest occurrence rates in the.

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7% Is Here

BubbleInfo

Hat tip to Garry and Rob Dawg who predicted that we’d hit 7% this year, for the first time in over 20 years! It was in April, 2002 that rates were over 7%, back when the NSDCC median sales price was $635,000. This month it’s $2,075,000! Rates have never doubled this quickly, and the increase […].

Sales 118
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Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

Successful real estate professionals know that the most powerful tool in their business (aside from their stellar personality, of course) is maintaining a robust database of past, current, and prospective clients. However, keeping your contacts in a spreadsheet, or worse, sitting in your iPhone, simply won’t cut it in today’s world. In this session, Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share.

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How to Invest in Rental Properties Out-of-State

Realty Biz

Owning real estate is a worthwhile investment, but what happens when available properties in your area are out of your budget? If you live in a place like San Francisco, you’re surrounded by some of the highest home prices in the country. Can you still own real estate as a way of investing? The answer is yes, but you have to think out of the box.

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FoA plans to sell retail division to Guaranteed Rate, close wholesale channel: sources

Housing Wire

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. . According to former top executives and business partners, FoA signed a letter of intent to sell its forward mortgage retail business to competitor Guaranteed Rate , but negotiations are still in progress and remain fluid.

Mortgages 459
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The True Strength of Homeowners Today

Keeping Current Matters

The real estate market is on just about everyone’s mind these days.

Marketing 311
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Real estate agents, stay safe and sell

Real Trends

Following the tragic 2014 murder of real estate professional Beverly Carter , it became apparent that additional safety support and resources were needed industry-wide. Beverly Carter was a real estate broker who was kidnapped and murdered after being perceived to be a wealthy broker who worked alone. According to the National Association of Realtors , 41% of Realtors reported feeling unsafe or fearful during a showing in 2021.

Agents 103
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The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

For real estate professionals, 2021 was an iconic year. And while the seller’s market continues to shape 2022, real estate experts predict significant changes in inventory, mortgage rates, home prices, and buyer’s checklists. It can be difficult to navigate these constant shifts. However, with the right strategy in place, there is no doubt that you can achieve success.

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New Home Sales Up in August: Will Decline Again with Higher Rates

Eye on Housing

A brief decline in mortgage rates helped to boost new home sales in August but sales are expected to move lower in the months ahead as rates have since moved higher and builder sentiment continues to fall due to declining housing affordability and ongoing supply chain bottlenecks. Sales of newly built, single-family homes in August increased 28.8% to a 685,000.

Sales 108
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Discounted New Homes in Arizona

BubbleInfo

In an effort to help readers find a replacement home, here are new homes near Tucson for sale! This development is out in the sticks but at least it’s on the north side and on the way to Phoenix. They have several homes available, and they start as low as $307,900: [link].

Sales 105
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How to create a real estate ecosystem?

Realty Biz

Are you wondering what a real estate ecosystem is and how to create one? In today’s article, you will learn How to create a real estate ecosystem to cross-market their diverse databases. However, real estate has been considered the most vital, and nobody could agree more. For your information, the global real estate market was estimated at $6883 billion in 2021.

Agents 112
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New home sales are up 28% — but don’t believe the hype

Housing Wire

New home sales came in as a massive beat of sales estimates, with a 28% month-to-month increase. And, out of the 461,000 new homes available for sale, only 49,000 have been completed and are available to be occupied. These are both crazy stats! Monthly supply data fell — in normal times this would be looked at as a bullish report for housing. However, in this environment, with falling year-over-year purchase application data, this report isn’t as bullish as it seems.

Sales 460
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#Trending: How to Leverage Instagram’s Algorithm to Build Your Pipeline

Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency

Social Media is one of the most efficient sales tools an agent can use! It has the potential to produce high-quality leads and foster client relationships when used effectively. As new social media tactics flood the market, agents are being inundated with the various apps and trends that could lead to their success. In this webinar, The Broke Agent and Matt Lionetti breakdown the strategies they utilized to grow their accounts to over 400,000 combined followers.

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Top Reasons Homeowners Are Selling Their Houses Right Now

Keeping Current Matters

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home.

Mortgages 278
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7 YouTube channels real estate agents should be watching

Real Trends

Making it big in the real estate industry today means taking advantage of every tool available and with millennials and Gen-Z driving demand in the housing market, social media can’t be forsaken. YouTube is one of the many platforms that Realtors can benefit big from, but how do you turn your viewing audience into actual business? The industry professionals below are not only doling out advice on marketing yourself as a Realtor, they’re leading by example with YouTube channels that leave viewers

Agents 124
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NAR & National Forest Foundation partner for tree planting initiative

The American Genius for Real Estate

The National Association of Realtors (NAR) is partnering up with the National Forest Foundation to plant 1.5 million trees - here's why.

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High-End Slump?

BubbleInfo

Here we go again with the click bait on the front page of the local birdcage liner. They also used a photo of the most prime real estate in the county, insinuating that a slump is underway there? Link here for the full article, and this is an excerpt: San Diego luxury home sales are […].

Sales 104
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How Sales Enablement is Supporting Social Selling in 2022

Speaker: Brynne Tillman CEO | LinkedIn Whisperer at Social Sales Link

In many organizations, Sales Enablement is owning both LinkedIn and Social Selling. LinkedIn, even the free version, is an essential sales tool that every sales professional should be using, while leadership is continuing to turn to Sales Enablement to ensure that the business development team has all the strategies and tactics they need to be successful.