Sat.Oct 30, 2021 - Fri.Nov 05, 2021

Waiting for a big drop in home prices? It could be a while

Housing Wire

With mortgage rates falling during the COVID-19 crisis, many households were able to refinance to lower payments.

Why a Wave of Foreclosures Is Not on the Way

Keeping Current Matters

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time.

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Private Residential Spending Dips in September

Eyes on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending decreased 0.4% in September to a seasonally adjusted annual rate of $773.5 billion. Total private residential construction spending was 19.3% higher than a year ago.

Unexpected fall in pending home sales in September

Realty Biz

Pending home sales, a key measure of signed contracts to buy existing homes, unexpectedly dropped by 2.3% in September compared to a month ago. The National Association of Realtors said sales may have dropped due to higher mortgage rates.

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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 help you keep on track, stay nimble, and close more deals in 2022.

Construction worker shortage has reached “crisis” levels

Housing Wire

For career switchers looking for a new path that doesn’t necessarily require a college degree, they could do worse than the building trades.

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Bidding Wars Jump as Top Reason Buyers Can’t Make Purchase

Eyes on Housing

An earlier post revealed that 66% of buyers who were actively engaged in the process of finding a home in the third quarter of 2021 have spent 3+ months searching for a home without success.

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Second Mortgage | 5 Important Facts to Know About

Realty Biz

If you find you need a source of extra income, the equity you have in your home could be the solution. A second mortgage will release some of the money you’ve put into your home when you need it the most, but there are some negatives to consider.

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Rising home prices are fueling the private-label market

Housing Wire

Morgan , through its private label conduit , J.P. Morgan Mortgage Trust , so far this year has sponsored 13 private-label securitization offerings backed by jumbo loans valued at $13.8 billion.

Sellers Have Incredible Leverage in Today’s Market

Keeping Current Matters

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year.

What Agents Should Be Doing Every Day to Succeed With Leads

Top agents do this every day to succeed.do you? It’s all about the follow-up. Top agents shared their perfected processes, and we compiled it into a super easy visual to-do list for Real Estate lead follow up that wins. Get the list now!

Home Prices Starting to Discourage a Segment of Home Buyers

Eyes on Housing

After growing steadily for six straight quarters, and peaking at 61% in the second quarter of 2021, the share of prospective buyers actively trying to find a home to buy declined to 57% in the third quarter.

Finding Out Who Owns a Property You Want to Purchase

Realty Biz

Tips For Finding Who Owns a Specific Property. Are you in the process of looking for a home in a tight real estate market? You are not alone, as the inventory of homes around the country has been low for quite a while.

How Zillow’s model crushed its iBuying business

Housing Wire

On Tuesday Zillow announced it will be shutting down its Offers business, which wasn’t too much of a shock considering how their stock had been performing for some time. The news was that they had been overpaying for homes and their losses on those purchases were getting larger and larger.

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Renters Missed Out on $51,500 This Past Year

Keeping Current Matters

Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent.

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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

Join Tim Hughes, Author of Social Selling – Influencing Buyers and Changemakers and Co-Founder/CEO of Digital Leadership Associates, as he details how investing in sales coaching will teach your team how to navigate social media and therefore create greater sales success.

Job Gains Accelerate in October

Eyes on Housing

Job gains picked up in October after two consecutive months of a slowdown. Total payroll employment rose by 531,000 and the unemployment rate dropped to 4.6% in October. Construction industry employment (both residential and non-residential) totaled 7.5

Realtors: Must-know Facts About Twitter Spaces for Real Estate

Realty Biz

Are you familiar with Twitter Spaces and plan to use it for your real estate business? Is this new in-app feature helpful for real estate agents? Does it make sense to tap into its potential to drive more real estate leads? What Are Twitter Spaces?

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Federal Reserve tapers asset purchases

Housing Wire

It’s official. The Federal Reserve announced Wednesday that it will soon begin to taper its monthly asset purchases.

Top 10 Features to Remodel Before Selling Your Home – See Expert Insights

HomeLight

As you prepare to list your home on the market you’re likely facing two of the most problematic questions home sellers ask — can I get more money for my house if I remodel? And if so, how do I decide what to remodel before selling?

How Sales Enablement is Supporting Social Selling in 2022

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

In this 1-hour session, Brynne Tillman from Social Sales Link will teach you why Sales Enablement teams should own Social Selling

Federal Reserve: Taper Begins

Eyes on Housing

The Federal Reserve has supported the housing market during the virus crisis, the 2020 recession, and the subsequent, ongoing recovery via asset-backed purchases (among other tools), including $40 billion a month of mortgage-backed security (MBS) purchases.

Real Estate TikTok Ads: A How-to Guide

Realty Biz

Do real estate TikTok ads work? How do you advertise on this popular social platform to drive leads and potential sales? Let’s take a look at some of the particularities that differentiate TikTok from other social media networks. TikTok Demographics.

Freddie Mac spurs landlords to report on-time rent payments

Housing Wire

Freddie Mac wants to encourage multifamily landlords to report positive rental payments to the credit bureaus to give renters a better shot at qualifying for a mortgage.

Things are changing on the social media front. What does it mean for agents?

Easy Agent Pro

The folks at EAP like to keep you updated on the social media scene and, a lot has happened since our last update. Social media tends to evolve slowly over time, but recently the evolution has quickened.

The Secret to Building Successful Digital Sales Programs in 2022 and Beyond

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

In this session Prof. Jordi Gili with the Geneva Business School will share key learnings from digital sales programs and will hint at the Key Performance Indicators that Digital Sales programs should aspire to in 2023.

Third Quarter of 2021 Homeownership Rate at 65.4%

Eyes on Housing

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate was flat at 65.4% in the third quarter of 2021. Compared to prior reports, the data was affected less significantly by the pandemic, since in-person interviews were back in 99.5% of the sample.

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Zombie properties to become a more common sight again

Realty Biz

So-called “zombie properties”, or homes that sit vacant due to foreclosure, have become difficult to find in the last few years as the economy recovered from the Great Recession of the late 2000s.

5 takeaways from Zillow’s nightmare

Housing Wire

Zillow CEO Rich Barton. Look, similar to other technology companies that have gone before us, we strongly believe in taking big swings and failing fast. We have learned from our experience in Zillow Offers in Q3 and are applying those learnings as we look ahead.”.

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5 Smart Upgrades that Increase Your Home’s Appeal

American Lifestyle

The post 5 Smart Upgrades that Increase Your Home’s Appeal appeared first on American Lifestyle Magazine. Buying & Selling Home Advice Home Improvement Home Selling Home Value Smart Home Smart Tech Technology

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