Housing Wire
MAY 26, 2022
It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%.
Realty Biz
MAY 15, 2022
When you are looking to sell your home, it is essential to have a fair and accurate price. Overpricing leads to failure. Under pricing leads to money left on the table. On the other hand, when you’re buying a home, the last thing you want to do is overpay. This is where “comps” come into play. Real Estate comps are comparable properties that have recently sold in your general area.
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Sotheby's International Real Estate
MAY 28, 2022
In desirable locales from East Hampton to San Francisco, these five homes are perfect for the long, lovely days of summer, blending spaces for enjoying the outdoors with easy access to interior comforts and conveniences. Sleek Modern Style in Sagaponack. Beate V. Moore, Sotheby’s International Realty – Bridgehampton Brokerage. Designed by esteemed architect Steven Harris, this thoroughly modern farmhouse sits on 1.3 emerald acres just a block from the beach.
Eye on Housing
MAY 20, 2022
NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building posted a year-over-years gain for the first quarter of 2022. There were 46,000 total custom building starts during the first quarter of the year. This marks a 28% increase from the first quarter of 2021. Over the last four quarters, custom housing.
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.
Lighter Side of Real Estate
MAY 4, 2022
Do you have a neighbor that annoys you? The chances are, you do! According to this REALTOR Magazine article , a recent survey done by Lending Tree revealed that 75% of Americans don’t like their neighbor. What bugs people about their neighbors the most? Take your pick: They give off a “weird vibe” (28%). They’re too loud (27%). They’re rude (27%). Disruptive pets (17%).
HomeLight
MAY 31, 2022
Of all of the fundamental features that can affect the value and perception of a home, flooring is often the most overlooked. If you’re planning to sell your home and want to understand where to invest your time, energy, and money in remodeling projects that will increase value , you need to take a hard look at your flooring. “Besides the basics like your roof and mechanical things, flooring is the next most important factor that influences how buyers feel about your home.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
MAY 1, 2022
Tips For Beating Cash Offers. If you are looking to buy a home in a hot seller’s market, there is a strong likelihood you’ll be up against buyers who will be making a cash offer. If you’ve lost out already to cash buyers, you’re probably wondering what you can do to potentially level the playing field. A cash offer on a house is undoubtedly hard to beat.
Sotheby's International Real Estate
MAY 31, 2022
Taking its name from the Italian city known as the birthplace of the Renaissance—with iconic art and architectural landmarks serving as reminders of that illustrious history—this majestic estate on 9.85 acres in Los Angeles lives up to its namesake with its eye-catching style, abundant Old World elements, and a dedication to luxury and refinement. The compound encompasses a magnificent main palazzo, a grand motor court with manicured hedges and a classical fountain, multiple expanses of lush eme
Eye on Housing
MAY 17, 2022
In a sign that the housing market is now slowing, builder confidence took a steep drop in May as growing affordability challenges in the form of rapidly rising interest rates, double-digit price increases for material costs and ongoing home price appreciation are taking a toll on buyer demand. Builder confidence in the market for newly built single-family homes fell eight.
Fancy Pants Homes
MAY 13, 2022
The ultra-luxurious Villa Firenze in Beverly Hills, which once held the title of most expensive home in the U.S. , is once again trying to bank a $100+ million sale. Just one year after it sold at auction — banking a somewhat modest $51 million — the sprawling estate re-surfaced on the market with a $120 million asking price. The price point makes it the sixth-most-expensive residential listing in the Los Angeles area, Dirt reports.
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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.
Marco Santarelli
MAY 30, 2022
Check out the latest housing trends if you're unsure whether it is a good time to buy a house. The average 30-year fixed mortgage rate surpassed 5% in April, a few percentage points higher than the historically low levels of 2021. As a buyer, you do not want to hear this because lower interest rates make home loans more affordable. According to the Mortgage Bankers Association, mortgage credit availability was 30 percent lower in March of this year than prior to the coronavirus pandemic.
Housing Wire
MAY 19, 2022
The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. However, this year has seen one big game-changer: the 10-year yield finally cracked over 1.94%, which drove mortgage rates over 4%. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up.
Realty Biz
MAY 4, 2022
Nowadays, it seems like everybody is looking for ways to make their homes more unique and beautiful. But sometimes, it’s tough to find the motivation to make big improvements. This is where small, simple, and inexpensive home improvement projects come in handy. If you’re looking to add some instant value to your home and don’t have the time or money to spend on huge renovations, try these 8 easy home improvement projects that will transform your home and give you a boost of mot
Sotheby's International Real Estate
MAY 24, 2022
Haute couture icon Gianni Versace was renowned for his use of vivid colors, bold prints, and a general reverence for luxurious classicism. In the 1980s, he expanded his empire to include housewares, furnishings, and textiles and eventually applied his talents to stage designs for operas, ballets, and other productions. Versace employed his skills from all these arenas in the curation of his own home, this grand six-level Baroque Italian palazzo one block from Central Park, which he purchased in
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.
Eye on Housing
MAY 12, 2022
According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 0.5% in April, following upwardly revised increases of 1.9% and 2.4% in March and February, respectively. This adds up to an 4.9% increase in building materials prices since the start.
Fancy Pants Homes
MAY 11, 2022
In the picturesque, tree-lined Rustic Canyon neighborhood of Pacific Palisades , Los Angeles sits an architectural gem that makes the most out of its ideal location. Dubbed ‘the Modern Tree House’, the midcentury modern abode comes with light-filled interiors, mesmerizing views of its lush surroundings, and a distinctive design. Envisioned by lauded architect David Hyun — best known for designing the Japanese Village Plaza, which transformed Little Tokyo in Los Angeles from an
The American Genius for Real Estate
MAY 11, 2022
After two rounds of layoffs, a restructure to join MLSs, and swirling rumors regarding leadership, staffers tell us the company has crumbled. The post Has REX Homes finally ceased operations? appeared first on The American Genius Real Estate.
Housing Wire
MAY 24, 2022
A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in. Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process.
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
MAY 11, 2022
An interesting listing description is likely to get more attention from a buyer than one that is not. When you’re selling a home, the description of your property is very important. In fact, the description is of equal importance to the listing photos. You want to make sure that people see what they’re looking for and that you’re portrayed in the best light possible.
Sotheby's International Real Estate
MAY 9, 2022
Harald Grant & Bruce Grant – Sotheby’s International Realty – Southampton Brokerage. Nautical aesthetics permit you to pamper yourself with an oceanside retreat and not even have to pack a bag — or live near the ocean, for that matter. You can bring coastal inspiration to any space and recreate the tranquility of the salt-scented wind and open water at home through design. .
Eye on Housing
MAY 19, 2022
According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the first quarter of 2022 single-family attached starts totaled 36,000, which is 16% higher than the first quarter of 2021. Over the last four quarters, townhouse construction starts totaled 152,000 units, 25% higher than the prior four quarter total (122,000).
GeekEstate
MAY 10, 2022
This week, we interviewed Jay Reno from Feather. Let’s get to it! Who are you and what do you do? I’m the founder and CEO of Feather, a company that is redefining furniture rental for the modern generation. In 2017, I launched Feather as an accessible, design-forward and quality alternative to the growing problem of fast furniture. As someone who moved nine times in ten years, I saw the need to provide greater freedom and flexibility to a new generation of renters who are moving frequently
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Brownstoner
MAY 3, 2022
Descendants of five 19th century Black women abolitionists, alongside local activists and community members, are urging the City to create a cultural destination in Downtown Brooklyn that honors the area’s rich abolitionist history with a statue and heritage center celebrating the historically significant women and many others who fought against… Read More > The post After Abolitionist Landmark Win, Activists Fight to Create Brooklyn Civil Rights Destination appeared first on Brownston
Housing Wire
MAY 18, 2022
The U.S. Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. Housing starts came in at 1.724 million , and housing permits came in at 1.819 million — both are still very healthy numbers. However, the sting of higher mortgage rates is hitting the single-family construction data, and the real story is that the housing completion data, which has be
Realty Biz
MAY 22, 2022
Time marches on, and so does the sophistication of the technologies we use in our everyday lives like AI. Whether they’re for personal use or those we leverage in our professional endeavors, new software technologies like artificial intelligence are getting smarter, stronger, and more ubiquitous every day. . The real estate industry is no exception, either – the use of AI has grown by leaps and bounds over the past few years, and this trend shows no signs of slowing down.
Sotheby's International Real Estate
MAY 17, 2022
The award-winning firm of VanderHorn Architects in Greenwich, Connecticut, prides itself on designing homes inspired by the rich stylistic traditions of the past. That creative vision is crystal clear at this French Norman–style manor set near the banks of the far reaches of Greenwich Cove in Riverside. With its grand proportions, steep hipped rooflines, and ivy-draped stone walls, it would be equally at home in the countryside of France.
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.
Eye on Housing
MAY 25, 2022
An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. According to first quarter 2022 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area inched down to 2,310 square feet. Average (mean) square footage for new.
Lighter Side of Real Estate
MAY 11, 2022
If you’ve been considering buying a house — or if you’re actually in the process — you’ve probably heard two things quite a bit lately: Interest rates are on the rise. They’re still historically low. Yes, they are still historically low, but that doesn’t change the fact that they’re higher than if you’d just bought a house a little while ago. Kind of painful to hear, huh?
HomeLight
MAY 31, 2022
In recent years, we’ve experienced a seller’s market – and many homeowners have been eager to take advantage of the situation. During the pandemic years, plunging interest rates were counter-balanced by rising home sales. That balance is shifting. According to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6% from March 2022 to April 2022, a nearly 27% drop from a year ago.
Housing Wire
MAY 19, 2022
Purchase mortgage rates this week averaged 5.25%, down five basis points from a week ago , as some individuals put the American homeownership dream on standby due to higher rates and surging home prices, according to the latest Freddie Mac PMMS. This time a year ago, the 30-year fixed-rate purchase rates were at 3%, the report shows. The government-sponsored enterprise (GSE) index accounts for just purchase mortgages reported by lenders during the past three days.
Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School
As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.
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