Housing Wire

FEBRUARY 13, 2023

The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Here is a quick rundown from last week : Purchase application data had a 3% week-to-week increase. The start of 2023 has been good, considering mortgage rates have stayed above 6% most of the time. Weekly housing inventory continues to decline, as we saw a decrease of 13,238 units, double the amount we had this time last year.

Mortgages 508

Mortgages Marketing As-is Sales 508

Keeping Current Matters

FEBRUARY 13, 2023

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.

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Closing costs Closing 240

Realty Biz

FEBRUARY 13, 2023

Social media has become an integral part of our daily lives and is proving to be a valuable tool for businesses to reach their target audience. To achieve that goal, a real estate agent must have a solid online presence and social media. Nowadays, real estate agents can easily get a lot of Instagram followers if they know how to use Instagram right and take advantage of platform features, such as instagram follower trial , to showcase their listings, engage with potential clients, and build thei

Agents 101

Agents Branding Industrial As-is 101

Eye on Housing

FEBRUARY 13, 2023

The price and availability of building materials again topped the list of problems builders faced last year, while interest rates (along with general inflation and negative media reports) moved considerably up the list. According to special questions on the January 2023 survey for the NAHB/Wells Fargo Housing Market Index, building material prices were a significant issue for 96% of builders.

Marketing 119

Marketing 119

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Agents

Inman

FEBRUARY 15, 2023

The portal giant brought in $435 million in revenue during the fourth quarter of last year and lost $72 million, according to 4Q22 earnings released Wednesday afternoon.

Technology 170

Technology Mortgages Agents Marketing 170

Inman

FEBRUARY 14, 2023

Netflix's "Buying Beverly Hills" centers around rookie agents and their high-profile team leaders and mentors at The Agency. From mispronouncing finishes to being ill-prepared for showings, these agents dish on learning the tough lessons while being filmed for reality TV.

Agents 184

Agents 184

The American Genius for Real Estate

FEBRUARY 13, 2023

Following a tumultuous few years in the housing market, families across multiple demographics are sticking together in multi-generational housing.

Marketing 137

Marketing 137

Broke Agent Media

FEBRUARY 13, 2023

BAM Key Details: Fannie Mae’s National Housing Survey shows homeowners are increasingly worried about the ability to save money and afford necessities, including mortgage payments. With inflation outpacing wage growth, many have had to resort to using their previously built-up savings while also taking on more consumer debt to cover expenses. Results from the Fannie Mae National Housing Survey show an escalation in homeowners’ financial concerns—which include their ability to save money and af

Debt-to-income ratio 98

Debt-to-income ratio Mortgages Finance Loans 98

Real Trends

FEBRUARY 14, 2023

RateMyAgent, a platform that allows users to share agent reviews and provides digital marketing tools, has integrated its platform with real estate listings website Realtor.com to allow agents to share their client reviews from RateMyAgent directly to the Realtor.com platform. “We’re thrilled to announce this relationship with RateMyAgent. We pride ourselves on ensuring home buyers and sellers have a positive experience throughout their real estate journey – and this new integration with RateMyA

Agents 91

Agents MLS Branding Development 91

Housing Wire

FEBRUARY 14, 2023

Given the hotter inflation reported in Tuesday’s CPI data , can mortgage rates go above the 2022 peak of 7.37%? Initially the 10-year yield fell after the report, then rose higher, only to fall back down again. For all the hype around today’s stock market close, it was a dud of a Valentine’s date if you ask me. A lot of times, on days when big economic reports are released, you can get wild intraday action but not have much happening by the end of the day.

Mortgages 485

Mortgages Marketing As-is Closing 485

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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.

Loans

Real Estate News

FEBRUARY 15, 2023

Anyone can benefit from coaching — even experienced pros — if you find the right fit. Veteran agent Jay Thompson offers tips on how to choose a great coach.

Agents 272

Agents 272

Keeping Current Matters

FEBRUARY 16, 2023

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.

Marketing 229

Marketing 229

Inman

FEBRUARY 15, 2023

The Canadian Real Estate Association, which owns and controls Canada's most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what's in store.

MLS 170

MLS Technology 170

Housing Wire

FEBRUARY 16, 2023

The overall national mortgage delinquency rate rose in the fourth quarter of 2022, due in part to a weaker economy and ongoing inflationary pressures. The delinquency rate for mortgage loans on one- to four-unit residential properties rose 51 basis points from the previous quarter to a seasonally adjusted rate of 3.96% of all loans outstanding in the fourth quarter of 2022, according to the Mortgage Bankers Association (MBA).

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Mortgages Equity VA loan FHA loan 421

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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.

Sales

Real Estate News

FEBRUARY 11, 2023

To find the right match, you need to know yourself first. Assess your strengths, determine what kind of agent you need, and always keep your eyes open.

Agents 268

Agents 268

Keeping Current Matters

FEBRUARY 15, 2023

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.

Sales 212

Sales New Construction Construction 212

Inman

FEBRUARY 14, 2023

The seven-bedroom Beverly Hills home was also occupied by John Legend and Chrissy Teigen from 2016 to 2021. After an initial unsuccessful offering of $19.25 million, the current owner is attempting to offload it at a loss.

Marketing 170

Marketing 170

Housing Wire

FEBRUARY 17, 2023

Mike Simonsen, president of Altos Research , will share his data-focused insights on the housing market at Gathering of Eagles 2023. Join Simonsen and other data-obsessed attendees for a “Power Lunch,” on Tuesday, June 20. There’s no need to eat lunch alone at Gathering of Eagles. During Simonsen’s presentation, not only will you break bread with fellow housing industry leaders, but attendees will also get the latest information on the housing market and learn how that data can transform their b

Staging 395

Staging Industrial Agents Marketing 395

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.

Agents

Real Estate News

FEBRUARY 16, 2023

Scott, chairman and CEO of John L. Scott Real Estate in the Pacific Northwest, said the market is poised to enter a new period of growth.

Marketing 279

Marketing 279

Eye on Housing

FEBRUARY 17, 2023

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that cash purchases made 11.2% of new home sales in the fourth quarter of 2022—the largest share since 1990. The share of cash purchases has climbed each of the past four quarters and six of the last seven. Although the median prices.

Sales 128

Sales Finance Marketing VA loan 128

Inman

FEBRUARY 17, 2023

In Inman's latest Access class, watch Clelia Peters and Liza Benson discuss the new opportunities artificial intelligence technologies will bring to the real estate industry.

Technology 170

Technology Industrial 170

Housing Wire

FEBRUARY 17, 2023

Rent-to-own startup Divvy Homes has reportedly conducted a new round of layoffs on Wednesday, which included cuts to a number of high-level positions. This is at least the second round of layoffs for the company in the last six months. Divvy has yet to confirm the layoffs, which were first reported by Inman. However, a number of former employees have posted to LinkedIn about the layoffs, and at least six employees were affected, including a software engineer and a senior project manager. “

As-is 384

As-is Agents Sales Marketing 384

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.

Agents

Real Estate News

FEBRUARY 11, 2023

Hall, whose organization serves 41,000 members in South Florida, believes a willingness to explore new ideas is key to thriving in a changing industry.

Industrial 264

Industrial 264

Coldwell Banker

FEBRUARY 11, 2023

Maybe your perfect house was “new” a few years ago and it’s time for a refresh, or perhaps you’re just ready to mix things up a bit. Whatever your motivation for a mini home makeover, it’s always smart to begin by focusing on the facade. Go beyond a fancy mailbox or a seasonal wreath and […] The post Curb Appeal: A Fresh Facade Makes a Statement appeared first on Coldwell Banker Blue Matter.

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120

Inman

FEBRUARY 15, 2023

Charlie Homet and John Brandon launched a boutique brokerage called Archpoint Advisory Partners in partnership with Side, focusing on properties in Brooklyn and downtown Manhattan.

Brokerage 164

Brokerage 164

Housing Wire

FEBRUARY 15, 2023

Expectations that high inflation may persist for longer than previously projected put pressure on mortgage rates last week. In turn, it affected borrowers’ appetite for home loans. The latest Mortgage Bankers Association (MBA) survey showed that mortgage loan application volume declined 7.7% for the week ending Feb. 10 from the previous week. Compared to the same week last year, mortgage apps are down 57%.

Mortgages 384

Mortgages Fixed-rate mortgage Loans MLS 384

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Agents

Real Estate News

FEBRUARY 16, 2023

The number of distressed properties remains well below pre-pandemic levels, thanks to a strong job market and federal moratoriums, but they're creeping up.

Marketing 255

Marketing 255

Eye on Housing

FEBRUARY 14, 2023

For 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 972,180. On a year-over-year (YoY) basis, this is 12.5% below the 2021 level of 1,111,414. Year-to-date ending in December, single-family permits declined in all four regions. The South posted a decline of 10.4%, while the Western region reported the steepest decline of 15.9%.

Construction 119

Construction Marketing 119

Inman

FEBRUARY 15, 2023

A rainbow escape awaits the buyer of a psychedelic home in Colorado Springs where the house's interior is a colorful array of faux fur, murals, funky light fixtures, art installations and more.

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164

Housing Wire

FEBRUARY 15, 2023

Altos Research Altos Research is the premier resource for real-time real estate data, providing weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S., helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions. Product Fast Facts #1 Altos tracks over 100M listings every week to deliver real-time market insights in beautifully designed, interactive market reports. #2 Altos Report emails have a 37% open ra

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Investor Design Industrial Marketing 383

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.

Sales