Keeping Current Matters

JULY 21, 2022

Over the last two years, the rate of home prices appreciated at a dramatic pace.

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Marketing 351

Real Trends

JULY 21, 2022

The cooling housing market is offering some much needed relief to frustrated homebuyers. In June, 49.9% of offers written by Redfin agents faced competition on a seasonally-adjusted basis, down from 57.3% in May and 65% a year ago, according to a new report from the brokerage. This was the fifth consecutive month of declines in the bidding war rate.

Mortgages 114

Mortgages Agents Brokerage Marketing 114

The American Genius for Real Estate

JULY 19, 2022

TikTok has been dominating the social media sector since the pandemic, and studies show it officially beat out YouTube for total time spent. The post Ignore TikTok to your own peril – new data says your next clients are there appeared first on The American Genius Real Estate.

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Marketing 119

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot — inventory is rising. We still have the unhealthy dynamics of noticeable sales declines, but prices are still growing year over year. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. history.

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Sales Mortgages Marketing Loans 518

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Sales

Keeping Current Matters

JULY 19, 2022

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.

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Pre-approval 343

Brownstoner

JULY 21, 2022

Well, that was fast. After pausing for a Department of Buildings inspection this morning, workers got the go-ahead to reenter the site and resume demolition at 1 p.m. [link]. By 4 p.m., the excavator was back at work chomping on the brick. Demolition often takes two or three days. Not this… Read More > The post Bed Stuy’s Beloved Dangler Mansion Is Gone (Video) appeared first on Brownstoner.

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Inspection Development 145

Housing Wire

JULY 19, 2022

real estate investors and affordable homes. The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. Knowing that the housing cycle was at risk back in March of this year when the 10-year yield broke above 1.94%, I was mindful of when I was going to raise the fifth recession red flag.

Marketing 518

Marketing Mortgages Construction Sales 518

Keeping Current Matters

JULY 18, 2022

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.

Marketing 275

Marketing New Construction Construction 275

Lighter Side of Real Estate

JULY 20, 2022

There’s a never-ending loop of real estate shows you can watch on TV nowadays. It doesn’t matter what time of day it is, you’re bound to find one on. But be careful: the minute you get sucked into one , you may find yourself sucked into the next the way they phase out of one episode into the next! You can go from watching one agent helping a couple buy their first home on a shoe-string budget, to another helping a family who just won the lottery buying a home bigger than they ever hoped for in t

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Agents Pre-approval Renovation Mortgages 139

Realty Biz

JULY 17, 2022

Kick-Out Clause vs. Home Sale Contingency. Depending on the type of real estate market you are likely to see different clauses added to a real estate contract. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. The way the real estate market has performed over the last few years, sellers have been presented with multiple offers on a significant percentage of prope

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 136

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

Housing Wire

JULY 20, 2022

Late this month – July 30 – marks the 14-year anniversary of President George W. Bush, a Republican President, signing into law the HERA legislation , developed under a Democratic-controlled Congress. HERA established a process for conservatorship of Fannie Mae and Freddie Mac , created FHFA as a first-class regulator, and codified GSE mission provisions like the Housing Trust Fund, Duty to Serve , and Housing Goals.

Mortgages 500

Mortgages Loans Marketing Investor 500

Keeping Current Matters

JULY 20, 2022

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.

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Brownstoner

JULY 21, 2022

The clock has run out on efforts to save Bed Stuy’s Jacob Dangler mansion: The New York City Department of Buildings issued a permit for full demolition of the building Tuesday. Video posted on Instagram by neighbors Wednesday shows demolition of the 1890s structure has started. Just over a week… Read More > The post Workers Tear Into Bed Stuy’s Beloved Dangler Mansion After Landmarks Fails to Act appeared first on Brownstoner.

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Development 131

Eye on Housing

JULY 18, 2022

Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic. In a further sign of a weakening housing market, builder confidence in the market for newly built single-family homes posted its seventh straight monthly decline in July, falling 12 points to 55, according to the National Association.

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Sales Marketing 130

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

Housing Wire

JULY 18, 2022

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Origination volume is down about 50% from last year, thousands of layoffs are reported each week, and gloomy prognosticators say recession will make for a long winter. Some mortgage companies will merge to stay afloat, and many others will go under.

Mortgages 475

Mortgages Brokerage Loans Banks 475

Lighter Side of Real Estate

JULY 20, 2022

If you’ve been thinking about selling your house, you’ve probably heard that the market’s cooling off, or “resetting” (as Federal Reserve Chairman, Jerome Powell, recently put it.) So you might be wondering if that means you won’t be able to get as much money for your house as your neighbors did a few weeks back. On the other hand, there are still reports that house prices are still rising, like in this realtor.com article , which makes you wonder if you could actually get more money than they d

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Marketing Sales Closing As-is 125

Brownstoner

JULY 20, 2022

The stoops and sidewalks of Bed Stuy will once again be art-filled with the return of the annual STooPS Art Crawl, which brings locals out to share their skills and connect with neighbors. Begun in 2013, the one-day event encourages the hosting of performances and display of art in yards,… Read More > The post Enjoy Creativity and Community With the Return of the Annual Bed Stuy STooPS Art Crawl appeared first on Brownstoner.

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GeekEstate

JULY 20, 2022

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the Geek Estate Mastermind. Today’s showcase: Collabra]. A provider of digital marketing technology and services, Collabra offers a suite of products to help agents automate marketing materials and reach more buyers for each and every listing. Marketing assets in multiple media formats is particularly difficult for agents and teams handling multiple listings at a time so enlisting a marketing automation to

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Marketing MLS Agents Industrial 122

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Agents

Housing Wire

JULY 18, 2022

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. HUD officials earlier this year said cuts to borrower fees depended on the number of borrowers behind on their payments. But during a Thursday press briefing, HUD officials said they are weighing “budgetary implications, tradeoffs within appropriations process and FHA’s role in the broader housing system,” when considering cuts to mor

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Mortgages Industrial Loans Finance 461

Realty Biz

JULY 21, 2022

Builders fear that demand for new homes could be on the wane. As a result, they’re taking their foot off the gas in terms of production, wary that too many prospective buyers have been priced out of the market by rising costs. In June, single-family home construction fell to its lowest level since April 2020, when the pandemic was just getting started, the Census Bureau reported this week.

Mortgages 122

Mortgages Construction New Construction Finance 122

Sotheby's International Real Estate

JULY 21, 2022

Being close to nature is both a pleasure and a privilege. At a time when environmental protection, ecological stewardship, and sustainable living are top-of-mind for so many, perhaps the most covetable lifestyle of all is one that embraces the earth and its wonders. It’s this type of lifestyle that sets the affluent, radiant Crystal Cove village apart from the rest of Newport Beach on the coast of California.

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Closing Design 119

Fancy Pants Homes

JULY 20, 2022

Since Robert Kiyosaki’s book, Rich Dad, Poor Dad was first released in 1997, it has become a financial bible to people worldwide. Readers claim that the #1 New York Times bestseller has transformed their vision of money, changed their perception of wealth, and helped them realize their dreams of achieving financial freedom. For the uninitiated, the book is all about the importance of financial literacy, building wealth through assets, starting businesses, and investing in real estate.

Marketing 119

Marketing 119

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

Housing Wire

JULY 19, 2022

Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday. The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. Through the crypto-lending program, Milo allows borrowers to pledge cryptocurrency through regulated custodians — crypto platforms such as Coinbase or Gemini — and thereby finance as much as 100 percent

Mortgages 444

Mortgages Loans Lending Investor 444

Eye on Housing

JULY 20, 2022

As rising mortgage rates and higher home prices weighed on housing affordability, existing home sales declined for five consecutive months, according to the National Association of Realtors (NAR). The trend in home price appreciation continued albeit at a slower rate as supply finally showed sign of improvement. The median existing home prices in June continued to surpass $400,000, the highest.

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Sales Mortgages 118

Brownstoner

JULY 22, 2022

There were tears on Willoughby Avenue Thursday night as a crowd gathered to watch the demolition of Bed Stuy’s beloved Jacob Dangler mansion. "I'm sad, I'm hurt," longtime Willoughby Avenue resident Michael Williams told Brownstoner. Williams wasn't alone; others described the day as gut wrenching, demoralizing, deflating -- and many were… Read More > The post Bed Stuy’s Jacob Dangler Mansion Demolished in Hours.

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Development 116

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. However, ATTOM (real estate data) released comprehensive foreclosure data for the first quarter of 2022 showing a total of 78,271 U.S. properties with a foreclosure filing. The trend is up 39% from the previous quarter and up 132% from a year ago.

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Purchase and sale agreement Short sale Loans Mortgages 111

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.

Sales

Housing Wire

JULY 22, 2022

Women are not only dominating in the mortgage and real estate industry, but also they are making room at the table for a new generation of women to do the same. To help fuel this growth for future and current women, HousingWire is thrilled to have Marcia Davies, a HousingWire Women of Influence and the founder of mPower — an organization that helps women in the real estate finance industry expand their reach — at the Women of Influence Forum.

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Mortgages Lending Finance Industrial 427

Eye on Housing

JULY 19, 2022

Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family housing market. For the first time since June 2020, both single-family starts and permits fell below a one million annual pace. Overall housing starts fell 2.0% to a seasonally adjusted annual rate of 1.56 million units in June from an.

Construction 116

Construction Marketing 116

Real Trends

JULY 20, 2022

Millennials now make up 43% of home buyers, which is the most of any generation, and an increase from 37% last year. Even as they delay marriage, kids, and reject their parents’ version of adulting, Millennials still desperately want a place to call their own. In fact, over half of millennials say their urgency to own a home has increased in the past year, driven by wanting to raise a family, hope for better living conditions, and —understandably — being tired of paying rent to a landlord.

Agents 111

Agents Finance Loans Staging 111

Realty Biz

JULY 20, 2022

Real estate industry investment platform Fundrise has announced a new, $1 billion fund as part of its bid to expand into the technology space. The new “innovation fund” , as it’s called, aims to make real estate technology investments easier and more affordable for all U.S. residents. Anyone who lives in the U.S. can invest in the fund, Fundrise said, at the cost of a 1.85% flat management fee.

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Technology Equity Investor Staging 111

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.

Sales