Housing Wire
OCTOBER 27, 2022
On Thursday, the gross domestic product data for the third quarter showed the U.S. economy grew at a rate of 2.6%, breaking the negative GDP streak we had in the past two quarters. Does this mean the Federal Reserve needs to hike rates even more to get the recession they’re looking for, or is there a case for mortgage rates to go below 6% over the next six months?
RRT Submitted Articles
OCTOBER 10, 2022
The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish.
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Keeping Current Matters
OCTOBER 3, 2022
Today’s housing market is different than it was just a few months ago.
RRT Submitted Articles
OCTOBER 10, 2022
Many believe that the property market is driven by an 18 year property cycle. This post explains what the 18 year cycle is.
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.
RRT Submitted Articles
OCTOBER 10, 2022
Not sure how agents, brokers, and Realtors® differ? Click here to learn more about each of these job titles as well as what the jobs entail.
Realty Biz
OCTOBER 19, 2022
Buying or selling a home isn't easy, with potential problems before you close. The home inspection is part of the process that can lead to problems, but what does a home inspector do? The home inspection is the buyer's opportunity to get a professional opinion on the home's condition. If you are unsure about what does a home inspection cover, we take a look so that you are better informed.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Maximum Exposure Real Estate
OCTOBER 12, 2022
Things To Consider When Buying A Home With A Well Well inspections are critical when buying a home with a well as the primary water source. Buyers considering homes in rural settings will often encounter houses for sale that get their water from wells. With homes drawing on municipal sources, there is an assumption that […]. The post Well Inspectors Provide Inspections When Buying Homes With Wells appeared first on Maximum Real Estate Exposure.
Lighter Side of Real Estate
OCTOBER 27, 2022
Home and Garden Television, better known as HGTV, is a great way to get your real estate fix without leaving the comfort of your own home. You can vicariously sell a house, buy a house, flip another, and go look for a vacation home in the matter of a couple of hours. It can almost make you feel like a real estate expert if you’re not careful! The next thing you know, you’ll be getting up off the couch and becoming a real estate agent.
Realty Biz
OCTOBER 31, 2022
Content marketing for real estate agents is a simple concept but incredibly important for any business in the real estate industry. The basic concept of content marketing is creating valuable, relevant content for a targeted audience. If done with an effective content marketing strategy , you can attract and engage with your ideal clients. Megaphone with Great content speech bubble banner.
Housing Wire
OCTOBER 31, 2022
Mortgage fintechs Sales Boomerang and Mortgage Coach reduced employee headcount by at least 20 this month as the industry struggles to stay afloat amid mortgage lenders rightsizing during one of the most challenging times. Workforce reduction came on October 20, and eliminated positions include director of marketing, two enterprise account managers, one enterprise sales manager, content marketing manager, senior enterprise sales manager, head of talent acquisition, product designer, project mana
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Keeping Current Matters
OCTOBER 31, 2022
If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first.
HomeLight
OCTOBER 29, 2022
Getting the news that you’ve been hired for that long-awaited promotion or new job in an office across the country is incredibly exciting – congratulations! While interstate moves have slowed down in recent years, 2022 saw increased relocation activity and significant moves from higher-cost states on the coasts, such as California , to booming lower-cost states including Florida and Texas.
BubbleInfo
OCTOBER 31, 2022
Last week, the NAR reported that their Pending Home Sales Index for the west was down 11.7% month-over-month, but we are beating the odds. Today there are 144 NSDCC pendings, which is the same number as there were in the first week of September! It’s likely that the local market will mellow down easy now […].
App Folio
OCTOBER 31, 2022
In 2019, ProfitCoach — a property management coaching and consulting organization — completed the industry’s first comprehensive Property Management Financial.
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.
Eye on Housing
OCTOBER 31, 2022
Prospective buyers in the third quarter of 2022 are more likely to have higher levels of income and education than earlier in the year. This helps explain why affordability expectations have improved. In the third quarter of 2022, 69% of buyers could only afford a minority of homes for sale in their markets, a much lower share than in the.
Housing Wire
OCTOBER 31, 2022
The Federal Reserve will hold another meeting this week, where everyone assumes we will get another 75 bps rate hike. The question is: how many more rate hikes are left? And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good? Over the weekend, The Wall Street Journal brought up this point — that the Fed is mindful that household balance sheets are much better now due to the excess savings built up during the COVID recovery and t
Keeping Current Matters
OCTOBER 26, 2022
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble.
HomeLight
OCTOBER 30, 2022
If you’ve recently bought or sold your house thanks to the help of a professional real estate agent, you know how much help they were throughout this major event in your life. Maybe they sold your home quicker than you thought would be possible or were able to get you a higher price in the challenging market of late-2022. For buyers facing rising interest rates, your agent may have helped you explore great options to best meet you and your family’s needs.
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.
The American Genius for Real Estate
OCTOBER 31, 2022
Realtor safety is of upmost importance to those in the field, especially to those at NAR. Here's how they're helping to save lives.
BubbleInfo
OCTOBER 29, 2022
Our good friends Gary and Cindy sold their house in Carlsbad and moved to Scottsdale in 2020. The house they bought in Estancia at Troon North was a super-custom 6,580sf ‘elegant-rustic’ that was painstakingly-built over five years. Somehow, the visionary original owner wasn’t that good with finances and he got foreclosed. Our friends bought it […].
Eye on Housing
OCTOBER 28, 2022
NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that new home sales financed through FHA numbered 11,000 and accounted for 7.5% of the total in Q3 2022–the smallest share since the fourth quarter of 2007. The share has dropped by nearly two-thirds since the spring of 2020. In contrast, the share.
Housing Wire
OCTOBER 28, 2022
Pending home sales continued their downward spiral in September, recording a 10.2% month-over-month decline that resulted in an index reading of 79.5, according to data released Friday by the National Association of Realtors. This is the fourth consecutive month of declines. Pending home sales have now fallen in 10 of the last 11 months. Economists predicted that pending home sales would drop by 4.0% in September.
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.
Keeping Current Matters
OCTOBER 20, 2022
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well.
The Residential Specialist
OCTOBER 24, 2022
As the real estate market shifts, expert agents share what the industry will look like heading into 2023. By Caroline Heller. 2022 marked the beginning of the end for what was an unprecedented seller’s market. Mortgage interest rates climbed from around 3% to above 5%, and by June 2022 inflation had reached its highest annual rate since November 1981.
The American Genius for Real Estate
OCTOBER 28, 2022
Home sales are sliding after an overheated 2021, will this trend continue?
BubbleInfo
OCTOBER 27, 2022
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC Average and Median Prices by Month Month # of Sales Avg. LP Avg. SP Median LP Median SP Feb 224 $2,298,797 $2,257,334 $1,719,500 $1,758,000 March 252 $2,295,629 $2,260,524 $1,800,000 $1,825,000 April 357 $2,396,667 $2,403,962 $1,799,900 $1,828,000 May 300 $2,596,992 $2,581,715 $1,900,000 $1,994,500 June 348 $2,509,175 $2,537,953 $1,900,000 $1,967,500 July 311 $2,421,326 $2,442,738 $1,795,000 […].
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.
Eye on Housing
OCTOBER 28, 2022
For the second straight quarter, more prospective buyers expect housing availability to improve. In the third quarter of 2022, 37% of buyers expect the home search to get easier in the months ahead, up from 17% and 22% in the first and second quarters of the year, respectively. More for-sale inventory and less competition from buyers priced-out by higher mortgage.
Housing Wire
OCTOBER 27, 2022
Independent mortgage brokers are beginning to have the products and tech tools needed to compete with banks and large retail lenders, and customers are reaping the benefits of this growing channel. HousingWire recently spoke with Desmond P. Smith , chief growth officer for United Wholesale Mortgage, about the transition from retail to wholesale for brokers and what the future of the independent broker channel holds. .
Keeping Current Matters
OCTOBER 19, 2022
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%.
Realty Biz
OCTOBER 27, 2022
If you're looking for a new business or investment vehicle, real estate is one that is foundational to wealth-building. New home constructions have a combined value of more than $514 billion. When you'd like to stay up-to-date with changes in the housing market so that your efforts pay off, you need to understand how technology is playing a role. Perhaps more than any other industry, technology will dictate the way we move forward with real estate.
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.
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