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.

Mortgages 506
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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 220
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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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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.

Mortgages 116
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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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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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Only 70,000 new homes available for sale

Housing Wire

In a country with more than 330 million people, there are only 70,000 new homes available for sale today in the U.S. housing market. And with total active house listings in America near all-time lows, that is all we have for completed units for sale. The number of new homes doesn’t ever get into the millions, but we are still working our way back to the pre-COVID levels of 80,000 to 100,000.

Sales 523
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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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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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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 144
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Fannie and Freddie address loan-repurchase complaints

Housing Wire

Fannie Mae and Freddie Mac executives recognize that the wave of loan-repurchase requests represents an added challenge for lenders who already have a stretched balance sheet. However, Fannie Mae’s position is that the loan-repurchase increases are an economic problem, not an underwriting process issue. Meanwhile, Freddie Mac said it’s in talks with lenders to address the problem through a more customer-focused approach.

Loans 488
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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 211
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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 167
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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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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 138
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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 441
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Secure Digital Assets that Are Easy to Share and Access

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Prisidio] A cloud-based vault to securely store, organize, and share all life’s essential documents and information, Prisidio provides cybersecurity and data protection solutions that protect users’ sensitive data and digital assets.

Finance 127
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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 158
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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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Mood Board | Elevated Equestrian Style

Sotheby's International Real Estate

Canning Properties Group – Sotheby’s International Realty – Carmel Brokerage Perhaps the purest expression of strength, freedom, and beauty is a horse galloping across an open pasture. This could be why so many make equestrian homes such a high aspiration: these properties embody grace, grandeur, and leisure—all the same attributes as horses themselves.

Brokerage 127
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Mortgage industry still in the middle of a storm

Housing Wire

Residential mortgage industry analysts and executives continue to see challenges ahead. For starters, the banking crisis is still unfolding, impacting the mortgage-backed securities (MBS) space, reducing jumbo loan offerings, and putting pressure on commercial real estate companies. Even if the U.S. debt limit impasse is solved, the U.S. can face a downgrade to its long-term debt, which would bring significant consequences to the overall economy.

Mortgages 460
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New Single-Family Home Size Trending Lower

Eye on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Home size correspondingly increased in 2021 as interest rates reached historic lows. However, as interest rates increased in 2022, and housing affordability worsened, the demand for home size has trended lower. According to first quarter 2023 data.

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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 195
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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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A BIG 2023 Economic Forecast from Harvard’s Jason Furman

Bigger Pockets

Rising interest rates, a new recession, high unemployment, and much more economic uncertainty could be on the way. But what can you expect after such a turbulent past few years?

Marketing 114
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HUD names Monocchio assistant secretary for Public and Indian Housing

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) announced on Monday the appointment of Richard J. Monocchio to serve as its new principal deputy assistant secretary (PDAS) for Public and Indian Housing (PIH). Monocchio most recently served as executive director of the Housing Authority of Cook County, a role he served in for 12 years. He began high-profile work in the housing sector as deputy housing commissioner for the city of Chicago under the administration of Mayor Richard M.

Principal 430
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Long-distance Movers: Why Did They Move and How?

NAR: Economic Outlook

Long-distance Movers: Why Did They Move and How? Why are homeowners moving, how did they search for their new homes, and how did they ultimately purchase their homes?

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No. 1 RE/MAX agent pulls back curtain on winning listing presentation

Inman

Jordan Cohen of RE/MAX One spent three decades rising through the ranks and becoming the go-to real estate agent for professional athletes and celebrities alike.

Agents 167
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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.

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Luxury Real Estate Headlines: Fourth Week in May 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Nice, France | Côte d’Azur Sotheby’s International Realty The French artist lived in this two-bedroom apartment for more than 10 years. Henri Matisse’s Former French Riviera Apartment Hits the Market for $2.7 Million – Robb Report In Santa Fe’s Priciest ZIP, Buyers Choose Between Gated Communities – The Wall Street Journal By Design: NYC Gilded Age Townhouse – CBS New York A 1920s L

Design 110
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Rocket rolls out conventional 1% down home loan program

Housing Wire

Rocket Mortgage introduced a new 1% down home loan program aiming to target more than 90 million borrowers. Rocket’s new product comes on the heels of rival United Wholesale Mortgage (UWM) rolling out a similar program. Dubbed ONE+, a buyer using this program who’s purchasing a single-family home, and whose income is equal to or less than 80% of their area median income (AMI), is only required to make a down payment of 1% of the purchase price.

Loans 417
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4 Steps to Recruiting Your Way to a 500% Revenue Increase

RIS Media

Would you like a 500% increase in your topline revenue? You can absolutely do it though a strategic and well-executed recruiting plan. It requires thoughtful leadership, well-designed plans and an absolute commitment to implementation. Recruiting, done right, is your ticket to building a more successful, profitable and growing brokerage. Let’s dig in further. … The post 4 Steps to Recruiting Your Way to a 500% Revenue Increase appeared first on RISMedia.

Brokerage 112
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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 167
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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

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.