Sat.May 20, 2023 - Fri.May 26, 2023

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Fastest Growing City in the United States 2023

Marco Santarelli

In the latest Vintage 2022 Population Estimates released by the U.S. Census Bureau, Texas emerges as the frontrunner with the highest number of fastest-growing cities in the country. The South, in particular, boasts nine out of the 15 cities experiencing rapid growth. This article explores notable cities and trends, shedding light on the population changes and housing unit growth in various regions.

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Mike DelPrete: Zillow and Redfin’s AI tools aren’t that big a deal — yet

Inman

In an interview with Intel, real estate tech strategist Mike DelPrete laid out how artificial intelligence might change the industry, including real estate search portals, and why we're not there yet.

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Housing Market Tracker: A wild week for rates

Housing Wire

It was a wild ride for the housing market last week! The 10-year yield rose noticeably, sending mortgage rates near 7% right in the heart of the spring selling season. New listings data fell, however, active inventory grew. And purchase apps had a weekly negative print, continuing the 2023 theme of higher rates impacting the data. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows.

Marketing 490
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Why Buyers Need an Expert Agent by Their Side

Keeping Current Matters

The process of buying a home can feel a bit intimidating, even under normal circumstances.

Agents 228
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Rocket Mortgage Offers New 1% Down Home-Loan Program

RIS Media

Rocket Mortgage recently introduced ONE+, a new 1% down home loan program that will dramatically increase access to homeownership for millions of low-to-moderate-income earning Americans, the company has announced. With ONE+, Rocket Mortgage stated that a homebuyer is only required to make a down payment of 1% of the purchase price and they will cover… The post Rocket Mortgage Offers New 1% Down Home-Loan Program appeared first on RISMedia.

Loans 111
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Video of the Week: A Palatial Private Island in Huntersville, North Carolina

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week.  Huntersville, North Carolina | Premier Sotheby’s International Realty Merancas Island, envisioned by the renowned architect Harry Schrader, unveils a resort-like lifestyle that is truly unparalleled. A gated driveway winds its way past a charming two-bedroom guest house that is perfect for hosting loved ones or accommodating staff.

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More Trending

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Turnkey vs. Fixer-Upper: Pros and Cons

Windemere Buying

The beauty of real estate is that different properties satisfy different needs. Although single-family homes are great for putting down roots, that may not be your motivation for purchasing your next home. If you’re looking to buy a property with the intent of renting it, both turnkey and fixer-upper listings will cross your path during your home search.

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Fewer Sales To Continue

BubbleInfo

There will be more headlines about home sales being down – way down – and people might wonder if it means anything. Not really – it’s because there are fewer homes for sale. It looks like it will continue too.

Sales 98
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Is the spring housing market about to rebound?

Housing Wire

In my last market outlook for HousingWire, published in January , I offered two predictions for the early 2023 retail housing market based on forward-looking Auction.com bidding behavior from the fourth quarter of 2022: A home price correction nationwide and in the majority of major markets Home sales volume bottoming out While both predictions have played out in large part (more on that below), bidder behavior on Auction.com in the first quarter turned a sharp corner, indicating a robust reboun

Marketing 418
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CEO of fast-growing platform pitches ‘brokerage as a service’

Real Estate News

Pinnacle Realty Advisors CEO Sam Sawyer discusses his company’s model, growth trajectory and the traps they’re trying to avoid along the way.

Brokerage 267
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Owning a Home Helps Protect Against Inflation

Keeping Current Matters

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more.

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Here’s the story: Iconic ‘Brady Bunch’ home hits market for $5.5M

Inman

The home in Studio City was renovated by HGTV in 2019 and has since been used in a number of the network's specials and series. Now one lucky buyer will be able to keep a piece of television history.

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How Reverse for Purchase can help baby boomer borrowers

Housing Wire

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. According to data from Statista , there were roughly 5.95 million homes bought and sold in the U.S. last year.

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Newly built homes a hot commodity for spring buyers

Real Estate News

As existing home listings have fallen, the inventory of new homes has increased — and prices have dropped — making them an attractive option.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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The Benefits of Selling Now, According to Experts

Keeping Current Matters

If you’re trying to decide if now’s the time to sell your house, here’s what you should know.

Marketing 219
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How to realize your vision with a home stager

Inman

Does this sound familiar? You have a beautiful listing that would be a fantastic investment for a buyer — yet it has dated paint colors, worn furniture, and too many accessories that will ultimately detract from the results you know you could achieve for your seller.

Staging 160
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Mortgage apps decline as rates hit the 7% mark

Housing Wire

Last week, the U.S. debt ceiling impasse and the resilient economy led mortgage rates to climb to the highest level in two months. Some indexes show the 30-year fixed rate has reached the 7% mark, which has reduced borrowers’ appetite for home loans. The latest MBA data published on Wednesday morning shows that mortgage loan applications decreased 4.6% for the week ending May 19 compared to one week earlier.

Mortgages 382
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KW president on what eXp, Zillow — and Gary Keller — have wrought

Real Estate News

Marc King explains why Keller Williams needs to be the tech company of choice and why the industry needs agents who value service over shortcuts.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Why Buying a Vacation Home Beats Renting One This Summer

Keeping Current Matters

For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful.

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Bombshell commission suit 1 step closer to trial after appeal rejected

Inman

A federal appeals court on Wednesday denied a request from NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America to overturn class certification in the Moehrl lawsuit.

MLS 154
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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams. In January, a report from wire fraud prevention firm CertifID in conjunction with the U.S. Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud.

Title 368
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CoStar CEO's 'super simple business concept': Support agents

Real Estate News

“You do not want to think you're smarter than your customers,” Florance said on CoStar’s strategy of building Homes.com as a platform for agents and consumers.

Agents 235
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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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What to Know About Building Permits When Buying or Selling

RIS Media

Owning a home brings many opportunities to improve and add your personal touches. However, before making significant improvements, you need to get permission from the local authorities. To do so, you need a building permit. Understanding what a building permit is and how it works is essential. Local government agencies issue building permits as approval… The post What to Know About Building Permits When Buying or Selling appeared first on RISMedia.

As-is 142
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Mosaik is peak client experience, the ideal agent productivity solution: Tech Review

Inman

Mosaik is an operating system for the client experience, handling listings, tasks, transactions and relationships for real estate agents and teams.

Agents 172
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Colonial Savings to exit mortgage origination business

Housing Wire

Texas-based Colonial Savings, F.A. has decided to exit the origination business amid one of the most challenging cycles in decades, provoked by the Federal Reserve ‘s tightening monetary policy and a banking crisis. The company will focus on full-servicing banking and mortgage servicing businesses, it announced on Thursday. The origination activity will cease effective July 31, 2023, but all outstanding mortgage loans will continue to be serviced in accordance with the terms and condit

Mortgages 366
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Lorne Wallace, founder of Lone Wolf Technologies, has died

Real Estate News

Wallace, who grew up in a real estate family, was proud to be involved in an industry that had such a profound impact on people's lives.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Spring-Summer 2023 Pantone Colors of the Year

Sotheby's International Real Estate

Brady Bingham and Janet Suisted – New Zealand Sotheby’s International Realty Whether it accessorizes a person or accents a place, color carries so much meaning. That’s why interior designers, decorators, and architects pay attention when the Pantone Color Institute publishes its forecast trends for the fashion industry. As the leading authority on the palettes to watch for in the New York Fashion Week Spring-Summer 2023 collections, Pantone knows that hues make a huge impact, whether

Design 128
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Anthony Marguleas: LA ‘Mansion Tax’ is ‘devastating’ the market

Inman

Inman recently caught up with Marguleas to discuss his company's new venture in Dallas, the effects of the LA 'Mansion Tax' and what he's looking forward to at this year's ICLV event.

Marketing 154
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Blend launches soft credit pull function for lenders

Housing Wire

Mortgage tech company Blend has launched a soft credit inquiry function for lenders at a time when the industry is facing higher credit report fees. Credit bureaus and Fair Isaac Corp. (FICO) upped the cost of pulling a hard credit file starting in 2023. In some cases, the costs have increased by four to five times what they were previously. “With Blend’s soft credit functionality, lenders can expect to save about $50 per file for borrowers at this high-attrition stage of the process,” the comp

Finance 362
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Industry Decoded: Why MLSs should think differently about data

Real Estate News

The value prop of MLSs as data aggregation organizations could be industry-changing. But like in "Moneyball," they'll need to play the game differently.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.