Sat.Oct 01, 2022 - Fri.Oct 07, 2022

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Home prices are dropping like it’s 2009

Housing Wire

Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season.

Mortgages 523
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How To Prep Your House for Sale This Fall

Keeping Current Matters

Today’s housing market is different than it was just a few months ago.

Sales 255
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What’s the Best Real Estate Company to Work for in 2022?

The Close

According to the National Association of Realtors (NAR) research, the median agent tenure at a brokerage is five years (even less in the COVID era), so it’s likely that at some point in your career, you’ll consider making a switch. But how do you decide which company is best for you? Through research and interviews, we evaluated dozens of real estate companies based on the criteria that matter most to you.

Branding 131
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August Private Residential Spending Falls for Third Straight Month

Eye on Housing

Private residential construction spending declined 0.9% in August, as single-family construction spending slid amid surging mortgage rates. Private residential construction spending declined for the third consecutive month, standing at an annual pace of $921.9 billion, according to NAHB’s analysis of the Census Construction Spending data. However, this spending category was 12.5% higher year-over-year.

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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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Real Estate Copywriting Rules to Outsell the Competition

Agent Fire

In today's market, great real estate copywriting can outsell your competition. Discover how to turn your listings and landing pages into conversion machines with this advice. Real Estate Copywriting Rules to Outsell the Competition is just one of many great real estate strategies on The Spark.

Land 98

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Housing Market Correction And What It Means For You [2022]

Marco Santarelli

The phrase “housing market correction” may seem like something out of a novel or news article about Wall Street analysts. However, for real estate investors and homeowners alike, it means that prices have dropped significantly since their peak—and will continue to do so until demand for properties rises again. In other words, this is not just a normal dip; it's the beginning of the end for some high-end properties.

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The Ultimate Real Estate Website Branding Guide

Easy Agent Pro

Real Estate Website Branding Guide . Once you have your slogan picked out and logo design, it’s time to set up your website. There are many things to consider when it comes to both the technical aspects and the overall aesthetics of your website. With technical aspects, you have to consider SEO , content , contact forms , and landing pages. We cover all of these topics in more detail in our blog.

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You Have an Adjustable Rate Mortgage. What’s Next?

CT Homes

When buying a home, the question of what type of mortgage you’d like to select is bound to come up if you’re not planning on purchasing the home with cash. This is when an adjustable-rate mortgage (commonly known as an ARM) or a fixed-rate mortgage comes in. Which type of mortgage is the right one for you? It’s always smart to go into any real estate transaction with a clear idea of what you’re signing up for, and by knowing what an adjustable-rate mortgage is, you can choose the best mortgage f

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The Definitive Real Estate TikTok Guide

Agent Fire

Learn how to market real estate on TikTok and generate valuable leads with this comprehensive guide, complete with tips and examples. The Definitive Real Estate TikTok Guide is just one of many great real estate strategies on The Spark.

Marketing 101
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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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Why a good jobs report is bad news for the Fed

Housing Wire

On Friday the Bureau of Labor Statistics reported 263,000 new jobs were added in September. While that growth seems like good news in this economy, it runs directly counter to what the Federal Reserve wants to see. And the even worse news for the Fed was that the unemployment rate fell back to 3.5%. That low unemployment rate has to be driving the Fed nuts.

As-is 537
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The Long-Term Benefit of Homeownership

Keeping Current Matters

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year?

Mortgages 237
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Home Showing: Best House Viewing Tips For Selling a House

Maximum Exposure Real Estate

How a Home Viewing Can Make or Break House Sales Do you know how a home showing works? House viewings start a buyer becoming interested enough to make an offer on your place. Showing a house is one of the primary functions of a buyer’s agent. It would help if you strived to make the […]. The post Home Showing: Best House Viewing Tips For Selling a House appeared first on Maximum Real Estate Exposure.

Agents 139
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Last chance to get 20% off CREtech NYC October 12th-13th

GeekEstate

[Editor’s Note: Geek Estate Offers are special offers for members of the GEM ]. Once again, CREtech is bringing together leaders in the commercial, residential, PropTech, and climate tech industries for two days of speaking engagements, networking opportunities, and industry insights in the incredible New York City. Register if you want to… Get off of zoom and back to in-person networking opportunities with other innovative-driven industry professionals.

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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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Home price growth to slow drastically next year

Housing Wire

Even as home prices continued to post strong year-over-year growth in August, rising 13.5% for the 127th consecutive month of annual gains, CoreLogic is predicting much smaller yearly home price growth moving forward. August’s double-digit yearly increase is the lowest year-over-year appreciation since April 2021 and it marks the fourth straight month of slowing price growth , according to the data and analytics firm’s Home Price Insights report published on Tuesday.

Mortgages 433
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Two Questions Every Homebuyer Should Ask Themselves Right Now

Keeping Current Matters

Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year.

Mortgages 218
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Prices Dropped 22% In One Month?

BubbleInfo

Last month, the 92009 median sales price declined 14.8% YoY, and was -22% MONTH-OVER-MONTH. Keyboard warriors everywhere will be jumping all over news like this. What really happened? The facts: Last month, there were 52% fewer sales than in September, 2021. The homes that sold last month were 13% smaller than in August. The average […].

Sales 119
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How Much Home Can You Afford?

Coldwell Banker

One of the most important things first-time homebuyers should explore - how much home can they afford? The post How Much Home Can You Afford? appeared first on Coldwell Banker Blue Matter.

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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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Guild Mortgage has an appetite for acquisitions

Housing Wire

The shift from a refinance boom to a purchase market will leave some mortgage lenders and loan officers with only two options: “Consolidate or exit the business,” according to ​​Mary Ann McGarry, Guild Mortgage’s chief executive officer. Meanwhile, McGarry said Guild is well positioned to acquire these assets but will be very patient in closing a deal. “Think of 2020 and 2021.

Mortgages 404
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The Cost of Waiting for Mortgage Rates To Go Down

Keeping Current Matters

Mortgage rates have increased significantly in recent weeks.

Mortgages 238
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Luxury Real Estate Headlines: First Week in October 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Linville, North Carolina | Premier Sotheby’s International Realty. The North Carolina house asking $29.75 million will be the state’s most expensive listing. A $29.75 Million Home With Mountain Views Looks to Break North Carolina’s Residential Record – Wall Street Journal.

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Apply for REACH UK 2023!

GeekEstate

REACH UK is run by Second Century Ventures, the strategic investment branch of the National Association of Realtors. The program aims to increase the use of promising new technology in the real estate industry and its accompanying sectors like financing, banking, and insurance. Selected applicants will receive… Access to mentors from real estate, venture capital, and technology sectors.

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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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A struggling, shrinking loanDepot hands raises to executives

Housing Wire

Due to heavy financial losses and shrinking production, loanDepot has reduced its funding capacity by $1 billion, laid off thousands of workers and exited the wholesale lending business. But that hasn’t stopped the nonbank lender from issuing pay raises to its top executives. In a filing submitted to the Securities and Exchange Commission last week, loanDepot revealed that it agreed to pay chief revenue officer and senior executive vice president Jeff Walsh a base salary of $750,000, above

Lending 393
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Sandra Bullock is selling her 91-acre compound with organic avocado, citrus orchards

Fancy Pants Homes

Almost 30 years after her breakthrough role as Keanu Reeves ‘ co-star in the action thriller Speed , Sandra Bullock is one of the biggest names in Hollywood. With her body of work spanning from cult classics like Demolition Man to raunchy comedies ( The Heat) , rom-coms ( The Proposal, While You Were Sleeping), dramas (2019’s The Blind Side earned her an Academy Award for Best Actress), all the way to science fiction thrillers ( Gravity ) and horrors ( Bird Box ), it feels like there

Land 116
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Tips for the Perfect Home Color Palette

Coldwell Banker

Every creative venture requires inspiration – and that especially applies to choosing color palettes for the inside of your home. The post Tips for the Perfect Home Color Palette appeared first on Coldwell Banker Blue Matter.

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Luxury Real Estate Headlines: Final Week in September 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Palos Verdes Estates, California | Vista Sotheby’s International Realty. The home is majestically perched in one of the most exclusive neighborhoods in Palos Verdes Estates. Cliffside Contemporary Home Frames Los Angeles and the Coastline From Wall-to-Wall Windows – Mansion Global.

Sales 110
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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.