The American Genius for Real Estate
JUNE 27, 2022
(HOMEOWNERSHIP) Every June, America celebrates National Homeownership Month. It’s a time to celebrate ownership opportunities, and see where to improve. The post National Homeownership Month: Tales of triumph, yet challenges linger appeared first on The American Genius Real Estate.
HomeLight
JUNE 29, 2022
Once upon a time, the only place you could find property data was the MLS (multiple listing service) , a series of private databases real estate professionals use to share listing information among one another and broker deals. Before contacting a real estate agent, you had no idea how much your house was worth , or how much you could make in a home sale.
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Redfin
JUNE 28, 2022
Selling your home can be stressful, especially if you’re on a time limit or have financial constraints. Whether moving quickly for a new job or personal reasons, you’ll need to get creative with your plans to increase your chances of selling your house fast. The main concern is that having a home on the market longer than a few weeks can indicate to other homebuyers that there may be a problem with the house.
Housing Wire
JUNE 30, 2022
Less than a week after laying off hundreds of workers and refusing new mortgage applications, First Guaranty Mortgage Corp. (FGMC) and its affiliate Maverick II Holdings filed for Chapter 11 bankruptcy protection late Wednesday. . “While we have made considerable efforts to address our ongoing financial challenges related to the state of the mortgage market, we ultimately must do what is best for our borrowers and consumers,” Aaron Samples, chief executive officer of FGMC, said in a
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Keeping Current Matters
JUNE 28, 2022
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years.
Eye on Housing
JUNE 29, 2022
The top 10 builders captured 34.2% of new single-family home closings in 2021, the highest percentage on record based on data released by BUILDER Magazine. This share represents 264,426 closings out of the 774,000 new single-family home sales reported by the U.S. Census in 2021. Nevertheless, these closings only represent 23.5% of single-family starts, a broader measure of home building.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 27, 2022
The national mortgage delinquency dropped to an all-time low in May, continuing two consecutive months of a decline since March. The overall delinquency rate slightly dropped five basis points from April to 2.75% in May, according to Black Knight. The delinquency rate is 42% lower than the same period a year ago. A total of 1.46 million properties were in early-stage delinquencies, defined as borrowers who missed a single mortgage payment, which is a slight increase of 0.2% from April due to typ
Keeping Current Matters
JUNE 29, 2022
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey.
Sotheby's International Real Estate
JUNE 28, 2022
With its vibrant woodlands and meadows, picturesque roads, Long Island Sound coastline, and captivating homes—from charming cottages to grand manors in nearly every architectural style—Greenwich exemplifies the natural and manmade beauty of New England. This refined residence makes the most of its location, enjoying an enviable spot on four secluded acres near a reserve, a preserve, and an alluring lake.
Eye on Housing
JUNE 27, 2022
Recently, the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC) undertook a joint research effort to find out how much government regulation adds to the cost of building new multifamily housing via a survey distributed to multifamily developers. The research finds that an average of 40.6 percent of total development costs can now be attributed.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Housing Wire
JUNE 28, 2022
The S&P CoreLogic Case-Shiller Home Price Index just recorded 20.4% year-over-year growth nationally and a record 21.2% growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. From S&P : The S&P CoreLogic Case-Shiller U.S.
Keeping Current Matters
JUNE 27, 2022
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story.
GeekEstate
JUNE 26, 2022
In this week’s founder interview, we interviewed Cyril Berdugo from Landis. Without further ado…. Who are you and what do you do? I’m the co-founder and CEO at Landis, a social impact-driven company with a mission to guide renters on their unique path to homeownership. We want to make the journey to owning a home more accessible, transparent and empowering.
Eye on Housing
JUNE 28, 2022
Consumer confidence dropped again in June as inflation stayed at decades high and continued to temper consumers’ economic outlook, which tumbled to the lowest level in nearly a decade. Though spending intentions for homes, cars, and major appliances held relatively steady, consumer spending will continue to face headwinds from further inflation and rate hikes.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Housing Wire
JULY 1, 2022
The Fed eral Housing Finance Agency (FHFA) will review the enterprise regulatory capital framework in the “near term,” officials said — after getting an earful from industry players since unveiling a new securities fee. For now, however, the new 50 basis point fee charged on securities backed by one enterprise and later secured by the other, is here to stay.
Keeping Current Matters
JULY 1, 2022
Some Highlights. Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable and secure asset that can grow in value over time. If you’re ready to buy a home and invest in your future, reach out to a local real estate advisor.
Maximum Exposure Real Estate
JUNE 27, 2022
Buyer’s Market vs. Seller’s Market One of the questions real estate agents get asked is whether it is a buyer’s or seller’s market. A buyer’s market is characterized by high inventory and lower demand for housing. A seller’s market is just the opposite. There is low inventory and high demand. Over the last few years, […].
GeekEstate
JUNE 27, 2022
Applications are open for the 2022 iOi Pitch Battle ! The champion will be awarded a prize package that includes $15k, a booth at the 2022 National Association of REALTORS® NXT Event this November, a feature in RISMedia , and the opportunity to meet with the executive team at Second Century Ventures. Each entrant in the Pitch Battle will conduct a live, 4-minute pitch on their product or service, followed by a 4-minute rapid-fire question-and-answer session from a panel of judges.
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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.
Housing Wire
JUNE 27, 2022
The last two years have been good to Christian Dicker. Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. It didn’t matter where he was — getting dinner with his family at a fancy restaurant or out on the lake on a boat, Dicker always had his phone on his hands to make sure he didn’t miss any of his clients’ emails or calls.
Keeping Current Matters
JUNE 30, 2022
It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own.
Toronto Realty Blog
JUNE 27, 2022
TorontoRealtyBlog. Happy Monday, folks! There’s nothing quite like discussing the misfortune of others to get our week off to a great start! An agent in my brokerage, who shall remain nameless, came by my office last week and said, “What’s with all the doom-and-gloom on your blog, man?” First of all, thanks for reading my blog.
Eye on Housing
JULY 1, 2022
NAHB analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $938.2 billion in May. It was 0.2% up over the upwardly revised April estimates of $935.9 billion. On a year-over-year basis, total private construction spending was 19% higher. These monthly gains are largely attributed to the growth.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Housing Wire
JUNE 29, 2022
Millennials and Gen Zs make up the largest cohort of potential homebuyers today, the majority of which are first-time buyers bullish to get a foot on the property ladder. As market volume dips and pent-up demand builds, 61% of millennials and Gen Zs who intend to buy a home plan to apply for a mortgage this year. For years, the dominant market narrative defining these generations has been digital-first experiences and poor financial habits.
Coldwell Banker
JUNE 30, 2022
Have an extra room that’s just taking up space? Lucky you! Put your creativity to work and transform it into the “play” place you’ve always wanted. Here are just a few suggestions for using that unused area. Rock Out Let the rock-n-roll in you rip loose in a room designed to be your very own […]. The post Out-of-the-Box Spare Room Ideas appeared first on Coldwell Banker Blue Matter.
The Mortgage Report
JUNE 25, 2022
Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday. However, that followed a couple of days of sharp fall. And the week as a whole ended much better […].
Eye on Housing
JUNE 30, 2022
Real gross domestic product (GDP) decreased in 46 states and the District of Columbia in the first quarter of 2022. New Hampshire, Vermont, Massachusetts, and Michigan saw modest GDP growth. According to the U.S. Bureau of Economic Analysis (BEA), the percent change in real GDP ranged from 1.2 percent increase in New Hampshire to 9.7 percent decline in Wyoming.
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.
Housing Wire
JUNE 29, 2022
The real estate market is cooling down. Reports released this week by several respected market observers point to less good and increased bad and ugly ahead for the housing market. For some of the good, a U.S. Census Bureau report released late last week spurred a bout of optimism when it revealed that new-home sales jumped by nearly 11% month-over-month in May on a seasonally adjusted basis, after declining by 12% in April.
GeekEstate
JUNE 29, 2022
[Editor’s Note: Below is the full text of our 216th Weekly Transmission, originally delivered direct to the inbox of more than 500 GEM members on June 15th, 2022.]. The 30-year fixed mortgage rate is approaching 6% , no doubt catching the immediate attention of both the millions of US homeowners with mortgages and aspiring homeowners alike. They’re now facing borrowing costs not seen in over a decade.
The Mortgage Report
JULY 1, 2022
Today’s mortgage and refinance rates Average mortgage rates ended June by falling significantly. It was far from that month’s biggest daily change. But we’re now a long way from 6% […].
HomeLight
JUNE 29, 2022
When it comes to selling a house, many homeowners hope for a quick, easy sale. But sometimes a situation pops up that creates even more urgency — such as a job offer in another state or a family emergency. If this is where you’re currently finding yourself, there’s something important you should keep in mind: pricing your home to sell quickly doesn’t have to result in a lower offer than you deserve.
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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