Keeping Current Matters
MAY 11, 2022
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs.
Eye on Housing
MAY 11, 2022
Consumer prices increased at a somewhat slower pace in April, the smallest monthly increase since August 2021, though inflation remains near a 40-year high. The food at home and shelter index rose at their fastest pace since November 1980 and April 1991. Though gas prices have fallen from their March highs, the pace of inflation will likely stay high in.
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RIS Media
MAY 12, 2022
As a luxury real estate professional, you know that even the most incredible homes don’t sell themselves. Many components go into the listing, marketing, and selling of a property in the luxury market, such as furniture staging, adequate lighting, and high-quality photos and videos. Yet, all these components will not shine without a carefully crafted listing description to promote the property.
Housing Wire
MAY 9, 2022
Home prices in the U.S. have been skyrocketing since 2020, however, I often like to remind people that no matter how crazy home-price growth is in America, at least we aren’t Canada. When it comes to home prices — and especially home prices compared to income — our neighbors up north are like Godzilla to our gecko. Over the weekend, I tweeted several charts, showing people the big divergence between home price growth and real disposable income in the two countries.
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Keeping Current Matters
MAY 9, 2022
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power.
Sotheby's International Real Estate
MAY 7, 2022
From a Cape Cod cottage to a villa with a view of the Pacific, these six properties prove that a retreating to a summer rental can be as luxurious and stylish as staying home. Idyllic Amagansett Escape. Beth Felsen | Sotheby’s International Realty – East Hampton Brokerage. Amid 1.7 acres of greenery, this Amagansett home is a dreamy getaway near local farm stands and beaches.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 12, 2022
Soaring home prices continue to serve existing homeowners, with nearly 45% of all property owners now considered equity rich, a year-over-year jump that boosted 13% more homeowners into the prime position. A homeowner is considered equity rich when they have at least 50% equity in their home, a feat more easily accomplished when skyrocketing home price appreciation widens the gap between what someone owes on their mortgage and the value of their house.
Keeping Current Matters
MAY 12, 2022
While you may have seen recent stories about the volume of foreclosures today, context is important.
Sotheby's International Real Estate
MAY 9, 2022
Harald Grant & Bruce Grant – Sotheby’s International Realty – Southampton Brokerage. Nautical aesthetics permit you to pamper yourself with an oceanside retreat and not even have to pack a bag — or live near the ocean, for that matter. You can bring coastal inspiration to any space and recreate the tranquility of the salt-scented wind and open water at home through design. .
Realty Biz
MAY 11, 2022
An interesting listing description is likely to get more attention from a buyer than one that is not. When you’re selling a home, the description of your property is very important. In fact, the description is of equal importance to the listing photos. You want to make sure that people see what they’re looking for and that you’re portrayed in the best light possible.
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Housing Wire
MAY 10, 2022
This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Bringing together some of the top economists and researchers in housing, this event will provide an in-depth look at their latest insights on the housing market, along with a roundtable discussion on how this information applies to your business.
Keeping Current Matters
MAY 10, 2022
Many people are wondering: will home prices fall this year?
Fancy Pants Homes
MAY 13, 2022
The ultra-luxurious Villa Firenze in Beverly Hills, which once held the title of most expensive home in the U.S. , is once again trying to bank a $100+ million sale. Just one year after it sold at auction — banking a somewhat modest $51 million — the sprawling estate re-surfaced on the market with a $120 million asking price. The price point makes it the sixth-most-expensive residential listing in the Los Angeles area, Dirt reports.
Realty Biz
MAY 11, 2022
Smart home technologies are revolutionizing real estate. According to a recent study, about 69% of U.S. households have a smart home device. Out of the 83 million households with smart devices, 22 million homes have more than one smart home gadget. Homeowners are not the only people benefiting from smart home technologies. Realtors are also trying to capitalize on the emergence and development of this technology.
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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
MAY 11, 2022
Prospective homebuyers aren’t deterred by the skyrocketing mortgage rates amid a slow start to the spring home-buying season this year. The Market Composite Index, a measure of loan application volume, rose 2 percent on a seasonally adjusted basis for the week ending May 6, from the previous week, according to the Mortgage Bankers Association. Conventional, Federal Housing Administration (FHA) and Veterans Affairs (VA) purchase loan application volume led the gain in mortgage application volume
The American Genius for Real Estate
MAY 11, 2022
After two rounds of layoffs, a restructure to join MLSs, and swirling rumors regarding leadership, staffers tell us the company has crumbled. The post Has REX Homes finally ceased operations? appeared first on The American Genius Real Estate.
Fancy Pants Homes
MAY 11, 2022
In the picturesque, tree-lined Rustic Canyon neighborhood of Pacific Palisades , Los Angeles sits an architectural gem that makes the most out of its ideal location. Dubbed ‘the Modern Tree House’, the midcentury modern abode comes with light-filled interiors, mesmerizing views of its lush surroundings, and a distinctive design. Envisioned by lauded architect David Hyun — best known for designing the Japanese Village Plaza, which transformed Little Tokyo in Los Angeles from an
GeekEstate
MAY 10, 2022
This week, we interviewed Jay Reno from Feather. Let’s get to it! Who are you and what do you do? I’m the founder and CEO of Feather, a company that is redefining furniture rental for the modern generation. In 2017, I launched Feather as an accessible, design-forward and quality alternative to the growing problem of fast furniture. As someone who moved nine times in ten years, I saw the need to provide greater freedom and flexibility to a new generation of renters who are moving frequently
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
MAY 12, 2022
Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio. Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on your goal to add real estate investments to your portfolio.
Lighter Side of Real Estate
MAY 11, 2022
If you’ve been considering buying a house — or if you’re actually in the process — you’ve probably heard two things quite a bit lately: Interest rates are on the rise. They’re still historically low. Yes, they are still historically low, but that doesn’t change the fact that they’re higher than if you’d just bought a house a little while ago. Kind of painful to hear, huh?
Fancy Pants Homes
MAY 9, 2022
True Blood alum Alexander Skarsgård is ready to part ways with his historic East Village co-op. The actor — who’s currently entertaining movie goers as the avenging Viking prince Amleth in the action-filled epic The Northman , now playing in cinemas — is looking to fetch $2,599,000 for his New York City home. According to our sources, Skarsgård bought the apartment approximately 5 years ago, then embarked on an extensive renovation process that modernized the unit without alter
GeekEstate
MAY 9, 2022
[Editor’s Note: Below is the full text of our 209th Weekly Transmission, originally delivered direct to the inbox of more than 500 GEM members on April 7th, 2022. Some links included below are to members-only articles.]. Many are drawn to the real estate agent profession ( most common Google employment search during the pandemic ) for the perceived flexibility and theoretically uncapped earning potential.
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.
Housing Wire
MAY 10, 2022
Nonbank heavyweight loanDepot reported an unprofitable quarter largely due to a steep decline in origination volume and expense reductions that did not keep up with the rapidly changing environment. The firm said it doesn’t expect to have a profitable fiscal year, citing pressures on margins and lower market volume. . The California-based company reported a net loss of $91.3 million in the first quarter, compared to a net income of $14.7 million from the previous quarter.
Easy Agent Pro
MAY 13, 2022
As a real estate agent, you have to be in a constant state of growth. Truthfully, this is one of the best things about being a realtor! Having a career that’s different every day is just one of many benefits. Staying on top of your game doesn’t have to be exhausting. With the right tips, you can easily harness the full potential of every new trend. Right now, realtors who effectively use TikTok are skyrocketing to success.
Brownstoner
MAY 13, 2022
If you are looking to command your own castle but want to stay within the five boroughs, this Bronx domicile is a quirky bit of architecture that includes a tower and terraces for loftily gazing down upon the neighborhood. In Kingsbridge Heights, it lacks a moat, dungeon or stable but… Read More > The post Gaze Down Upon The Bronx From a Quirky Castle With a Movie Past, Yours for $1.5 Million appeared first on Brownstoner.
Fancy Pants Homes
MAY 10, 2022
Britney Spears’ name might be etched into our collective memory as the Princess of Pop that ruled the late 90s and early 2000s with hits like Baby One More Time , Oops!… I Did it Again , and Toxic. But due to her decades-long struggles with an overbearing conservatorship and tabloid bullying , the iconic singer’s legacy has grown into a telling tale on the pitfalls of stardom.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Housing Wire
MAY 10, 2022
This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Bringing together some of the top economists and researchers in housing, this event will provide an in-depth look at their latest insights on the housing market, along with a roundtable discussion on how this information applies to your business.
Realty Biz
MAY 12, 2022
Real estate agents have no end of tools they can use to help manage their business. One of them is your database, but how powerful a tool is it, really? The truth may surprise you. Here’s why maintaining a real estate database is so crucial to the success of your real estate career. What Real Estate Databases Are. A simple explanation of what a real estate database is would be a list of everyone you have come into contact with in the course of your career as a real estate agent.
Eye on Housing
MAY 10, 2022
In the first quarter of 2022, the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices showed a significant net share of banks reporting more relaxed lending standards and weaker demand for most categories of residential real estate (RRE) loans. “Significant” net shares of banks reported weaker demand for all RRE loan categories other than subprime.
Brownstoner
MAY 12, 2022
It’s a drama that plays out time and again in Brooklyn: An application for a demolition permit is filed for an historic building, spurring the community to rally around it and push for its designation as a landmark. By that time, it's usually far too late. But not always. Recent examples of… Read More > The post Landmarking vs. Demolition: What Work Can Be Done While Permits Are Processed?
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.
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