Sat.Sep 17, 2022 - Fri.Sep 23, 2022

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Housing completion data is now savagely unhealthy

Housing Wire

Housing construction in the U.S. during the brief COVID-19 recession, to that recovery, and now in the new housing recession, is going to go down in history as one of those crazy data lines we lived through. Just to give you some perspective here, at the peak of 2005, we had about 2.24 million housing completions in the monthly report. Today, even with over a decade of building growth, we are at 1.342 million.

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23 Clever Real Estate Ads for 2022: Real Examples (+ Why They Work)

The Close

Real estate ads should do more than just make your phone ring. If you put in the time and effort to really connect with your local community, your ads can actually help build your personal brand to make you the go-to real estate expert in your farm area. They are that powerful! To help inspire you to create ads that make your phone ring and help build your brand, we put together this freshly updated list of 27 examples of clever real estate ads for 2022.

Branding 105
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Fed Raises by 75 Basis Points, Again

Eye on Housing

Continuing its tightening of financial conditions to bring the rate of inflation lower, the Federal Reserve’s monetary policy committee raised the federal funds target rate by 75 basis points, increasing that target to an upper bound of 3.25%. This marks the third consecutive meeting with an increase of 75 basis points. These supersized hikes are intended to move monetary policy.

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What Experts Say Will Happen with Home Prices Next Year

Keeping Current Matters

Experts are starting to make their 2023 home price forecasts.

Marketing 239
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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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Reasons It’s OK to Be Late for an Appointment with Your Real Estate Agent, Ranked on a Scale of 1-10

Lighter Side of Real Estate

Running late for an appointment can happen to even the most timely person. For instance, who hasn’t gotten stuck in traffic at some point in their life?! Something like that is a legitimate excuse that you can’t predict or avoid, unless you always leave ridiculously early just to make sure you don’t! Which is why real estate agents totally understand if you’re running a few minutes behind to meet them.

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9 Real Estate Thank-you Notes That Create Clients for Life (Templates)

The Close

When it comes to sending real estate thank-you notes to clients, there are two schools of thought: Some agents never send them with the view that clients should be thanking THEM. Smarter agents ALWAYS send thank-you notes to buyers and sellers. Why? They understand that making a personal connection after closing a deal is crucial to establishing enduring client relationships.

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More Trending

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Tell your clients that the best season for homebuying is coming up!

The American Genius for Real Estate

As kids head back to school and people enter their post-summer work mode, homebuying is at its peak with low prices and high inventory.

As-is 100
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Headscratcher Of The Day

BubbleInfo

No surprise that our new listing found a buyer already. The one-story homes with all the extras are probably the most attractive buys in the marketplace, and anyone can sell these – it’s just a matter of who can get what price. I had 200+ people attend the open houses last weekend – and at […].

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Housing inventory projected to increase in these markets, says study

Real Trends

Gainesville, Ga., led communities with 100,000 to 250,000 in population with nearly 15,000 projected listings. Port St. Lucie, Fla. (23,800), Durham-Chapel Hill, N.C. (44,850), North Port-Sarasota-Bradenton, Fla. (40,141), Nashville-Davidson-Murfreesboro-Franklin, Tenn. (82,050), Phoenix-Mesa-Chandler, Ariz. (136,394) and New York-Newark-Jersey City, N.Y.

Marketing 140
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Existing home sales data shows extent of housing inflation

Housing Wire

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 million. Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. .

Sales 454
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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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Top Reasons Homeowners Are Selling Their Houses Right Now

Keeping Current Matters

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home.

Mortgages 228
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Converting the Garage

GeekEstate

[Editor’s note: Originally published in the GEM as a Weekly Radar entry.]. SYMBiHOM is a company in the Bay area that designs prefabricated garage to ADU conversionprefab kits that take less than 4 weeks to install. Based on the garage dimensions, ADUs can be a studio, 1-bedroom, or 2-bedroom living unit with a full bathroom and kitchen. The solution increases workforce housing, homeowner income, multifamily living and aging in place with income.

Design 145
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The 29 Best Curb Appeal Ideas for Every Budget (Yes, Even Yours!)

The Close

Despite what you might think, improving a home’s curb appeal doesn’t have to cost a fortune. Check out these curb appeal ideas that successful real estate agents use to make their listings look great and sell faster on a budget. So rest assured: No matter what your budget is, there are ways to make your listing shine. To help you boost your listing’s curb appeal, we worked with top-producing listing agents from Douglas Elliman and Ryan Serhant’s new brokerage SERHANT. to come up with the 29 best

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What does the new normal for first-time homebuyers look like?

Housing Wire

Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. Today, as affordability wanes and housing supply ticks up, house price growth is decelerating and will likely continue to trend towards its historical average.

Equity 454
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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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Will My House Still Sell in Today’s Market?

Keeping Current Matters

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know.

Marketing 234
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Meet The Real Estate Tech Entrepreneur: Dalip Jaggi from Revive

GeekEstate

In this week’s founder interview, we’re bringing you Dalip Jaggi from Revive. Without further ado…. Who are you and what do you do? Hey, I’m Dalip! I’m the co-founder of Revive Real Estate – a real estate solutions company that is focused on ways to help homeowners maximize the value of their home equity. This is really just a fancy way of saying, I like to help homeowners be smart in their real estate decisions so that they can build better futures for themselves and the

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Tile Trends: 4 Homes with Unique Tilework

Sotheby's International Real Estate

Few things can transform a bath like a dazzling display of tile. Featuring striking details and vibrant hues, the tile in these four unique baths—in homes from the Northeast to the Southwest—are sure to make a splash. Lincoln Park Luxury. Serena Boardman | Sotheby’s International Realty – East Side Manhattan Brokerage. High above Manhattan, this chic condominium home in one of the city’s most sought-after residential buildings has been renovated with impeccable attention to detail.

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Mortgage rates might soar even higher

Housing Wire

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. Mortgage rates have nearly doubled to around 6.5% from the beginning of this year, but they may have not peaked, putting pressure on affordability challenges for most prospective buyers as the Federal Reserve vows to tame inflation.

Mortgages 417
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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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Watching the Stock Market? Check the Value of Your Home for Good News.

Keeping Current Matters

While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time.

Marketing 206
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iOi Pitch Battle Participants Announced

GeekEstate

The industry will convene in Los Angeles for iOi , the two-day conference on September 28th and 29th (next week!!), at the JW Marriot L.A. Live. NAR’s venture capital arm, Second Century Ventures , will present the Pitch Battle competition. Each entrant will conduct a live, 4-minute pitch on their product or service, followed by a 4-minute rapid-fire question-and-answer session from a panel of judges.

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Architect Scott Johnson is parting ways with his lauded ‘Wall House’ in Ojai Valley

Fancy Pants Homes

Celebrated architect Scott Johnson is bidding adieu to his meticulously crafted modern country home in Ojai Valley, Calif. Johnson is best known as the founding partner of Johnson Fain – the firm behind landmark buildings such as Fox Plaza (famous for its appearance as Nakatomi Plaza in the film series Die Hard ), Opus One Winery, and CAA’s current and forthcoming Century City Headquarters.

Design 111
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The housing market slowdown has only just begun: Fannie Mae

Housing Wire

Economists at Fannie Mae say the Federal Reserve ‘s fiscal policy is having its desired effect on the housing market – home price growth began to slow in the summer, and the GSE says the housing slowdown will continue through 2023. The agency’s Economic and Strategic Research (ESR) Group forecasts the total home sales to decline 17.2% to 5.71 million units this year from 2021, a further downward revision from August’s projected 16.2% drop. .

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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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Growth of Household Real Estate Market Value Slows in Q2

Eye on Housing

The latest results from the Federal Reserve’s Z.1 Financial Accounts of the United States, i.e., the Flow of Funds, show that in the second quarter of 2022, growth of the market value of all owner-occupied real estate in the United States slowed after showed the largest year-over-year percentage gain since 2001 the prior quarter. The market value of owner-occupied real.

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Inside a Chic Waterfront Escape on Cape Cod

Sotheby's International Real Estate

For those in the know, the timeless coastal village of Osterville has long been a destination for living the quintessential Cape Cod life. Denizens of its shady, breezy lanes and enduring shingled homes enjoy a charming Main Street, fashionable shops, intriguing galleries, fine restaurants, and the amenities of two country clubs. This timeless 5,400-square-foot residence on the shore of North Bay is a luxurious “home base” for reveling in all that the area offers—including the waters of Nantucke

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Over List, August

BubbleInfo

The over-bidding is winding down to more manageable levels as just 24% of August buyers were willing to pay over the list price. As usual, the $1,000,000 to $2,000,000 range was the most active, where inventory is low and the number of quality homes for sale even lower: The number of sales in August were […].

Sales 105
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Nominations for the 2022 HousingWire Tech Trendsetters award close tomorrow!

Housing Wire

In its fourth year, HousingWire’s Tech Trendsetters is honoring the people behind our prestigious TECH100 award. These are the tech leaders who are driving innovation and modernization for their mortgage and real estate clients. Take a look through some of our past honorees to see their list of accomplishments and don’t forget to nominate a 2022 Tech Trendsetter before it’s too late!

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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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3 Best Real Geeks Alternatives (In-Depth Look)

Easy Agent Pro

3 Best Real Geeks Alternatives (In-Depth Look). Lead generation is the crux of any real estate investment process. This process benefits from tools that make maintaining customer relationships easy. Real Geeks is a straightforward real estate and marketing site that provides much-needed solutions to real estate professionals. The platform helps agents and investors generate leads, boost inbound traffic, and track and convert relationships.

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How to Buy a Second Home and Rent the First

HomeLight

According to the National Association of Realtors, as of 2018, the median US homeowner owns their home for about 13 years. Many people, therefore, can expect to purchase more than one home in their lifetime. If you’re getting ready for your next move but are curious about hanging on to your current home to generate rental income, here’s how to buy a second home and rent the first.

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Fed Hike and Mortgage Rates

BubbleInfo

The Fed raises their rate by 0.75%, and what happens? That’s right, the conforming 30-year fixed rate went down this afternoon. Chairman Powell said again that intends to cause a reset in the real estate market, but our rates really shouldn’t go up much the rest of the year because at least 1% is already […].

Mortgages 105
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Mortgage applications rise ahead of Fed’s meeting

Housing Wire

Demand for mortgage loans increased for the first time in six weeks, ahead of the Federal Reserve ’s meeting on Wednesday, when observers expect at least another 75 basis points hike to the federal funds rate. According to the Mortgage Bankers Association (MBA), the market composite index , a measure of mortgage loan application volume, increased 3.8% for the week ending Sep. 16, compared to the previous week.

Mortgages 395
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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.