Housing Wire
SEPTEMBER 13, 2022
The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. This is something I’ve never believed in because we hadn’t had a period where mortgage rates moved up so quickly and then held higher for an extended period.
Real Trends
SEPTEMBER 14, 2022
It is general knowledge that spring time is home selling season , but the best time to buy a house can change from year to year. According to a report from Realtor.com published Wednesday, in 2022, the best week to buy a house is from September 25 to October 1. Many in the industry view fall as “off season” for the housing market, which offers opportunistic buyers many favorable factors including more listing, less competition, and lower prices.
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Tom Ferry
SEPTEMBER 15, 2022
Every agent wants to know how to generate more real estate leads, but if we could have our pick of any type of particular leads, what would they be? I bet the answer is listings, right? You want to generate more listing leads, win more listings, and close more listings. Because listings are the lifeblood […]. The post 5 Proven Ways to Generate More Real Estate Listing Leads appeared first on Tom Ferry.
Eye on Housing
SEPTEMBER 12, 2022
The number of women employed in the construction industry increased to over 1.24 million in 2021, as the construction industry was quickly recovering jobs lost earlier during the pandemic induced recession. Currently, women make up 11% of the construction workforce, up from 9.3% in 2002. As the construction skilled labor shortage remains a key challenge for housing, adding new workers.
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BubbleInfo
SEPTEMBER 13, 2022
The latest CPI number is out today, and the over-reaction will put more pressure on mortgage rates. They are probably going to be around the 6% range for the foreseeable future. Let’s predict the NSDCC monthly sales count for the rest of the year. Today, we have 411 active listings, and we are back to […].
Lab Coat Agents
SEPTEMBER 13, 2022
It may be tough to break free and get past your blues if you’ve been stuck in the same pattern for a long period. You may feel lazy, discouraged, annoyed, and furious with yourself for feeling this way and having to accomplish anything at all. You want to discover a way out of your rut, but you’re too tired to keep going. It’s important to remember that there’s nothing wrong with feeling trapped and exhausted.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
HomeLight
SEPTEMBER 12, 2022
?. Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. There’s been a lot of tension between you and appraisers over the past two years. Home prices skyrocketed at an unprecedented pace, and appraisers have struggled to find comparable sales that justify what your buyers and sellers have agreed to.
HomeLight
SEPTEMBER 15, 2022
The U.S. housing market is undergoing a rebalancing. Visit HomeLight’s 2022 Housing Trends Hub for information on how to navigate a shifting market — whether you’re a seller, buyer, or homeowner. Preparation and perspiration are great allies if the housing market shifts into a recession. Before facing the effects of inflation and a potential housing slowdown, now is the time to start planning a selling strategy to avoid costly mistakes if a recession occurs.
Housing Wire
SEPTEMBER 16, 2022
The U.S. House of Representatives this week passed a bill that streamlines the appraisal process for U.S. Department of Veterans Affairs mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether.
Keeping Current Matters
SEPTEMBER 12, 2022
In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house.
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Realty Biz
SEPTEMBER 14, 2022
Many are aware that the real estate industry boomed in 2021. While there are many reasons as to why that is, technology in real estate certainly played a major part. Real estate technology has come a long way in a short time. It wasn’t long ago that real estate professionals used fax machines and landlines to communicate with clients, and real estate transactions were handled with paper contracts.
Eye on Housing
SEPTEMBER 15, 2022
The prices of building materials rose 0.5% in August (not seasonally adjusted) even as softwood lumber prices decreased 5.2%, according to the latest Producer Price Index (PPI) report. Building materials prices have climbed 4.9% through the first eight months of 2022 and 14.3% over the past year. The PPI for goods inputs to residential construction, including energy, decreased 0.9% in.
Housing Wire
SEPTEMBER 16, 2022
Wells Fargo will pay $94 million to settle a class-action lawsuit that argued it sent more than 200,000 mortgage borrowers into forbearance during the pandemic unlawfully and without their consent. The plaintiffs argued that the San Francisco-based bank provided forbearances to customers who made inquiries about their mortgages or expressed hardship, but had not explicitly requested forbearance, Reuters reported this week.
Keeping Current Matters
SEPTEMBER 14, 2022
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market.
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Fancy Pants Homes
SEPTEMBER 13, 2022
When it comes to brilliant business ideas, the ‘sharks’ of Shark Tank know what it takes. And if it’s deemed worthy of investment, the sharks will take a bite. Premiering in 2009, the popular reality television series showcases entrepreneurs giving a product pitch to a panel of six investors (a.k.a. sharks) who decide if it’s worthwhile.
GeekEstate Agents & Brokers
SEPTEMBER 10, 2022
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Inspectify]. Many lenders won’t offer financing on a home without a satisfactory home inspection, so it’s important for real estate professionals and homeowners to find the right home inspector. . Enter Inspectify: A YC-backed managed marketplace streamlining the home inspection booking process for homeowners, real estate agents, brokerages, and investors by aggregating vet
Housing Wire
SEPTEMBER 10, 2022
Ben Slayton’s Legacy Home Loans , the largest Black-led mortgage banking firm in the country, has launched a special purpose credit program for prospective Black borrowers in six cities across the country. The SPCP, called “closing the gap,” permits a 1% down payment with a free appraisal, free home warranty program, free homebuying counseling and financial assistance with closing costs.
Keeping Current Matters
SEPTEMBER 13, 2022
It’s clear the 2022 housing market has been defined by rising mortgage rates.
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.
GeekEstate
SEPTEMBER 12, 2022
[Editor’s Note: Below is the full text of our 226th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on September 8th, 2022.]. In spite of new software innovations, the property management industry continues to focus on the number of units under management because it’s beholden to the property management overlords who made it so.
Realty Biz
SEPTEMBER 15, 2022
In today’s world, blogging is an essential tool for building organic traffic to your website. Still, there’s no reason to stop there. More than 7 in 10 Americans use social media daily, which is easy to integrate with your blog. Without a clear social media strategy, you’re missing out on a lot of potentials. Here’s what real estate bloggers need to know about using social media in their strategies!
Housing Wire
SEPTEMBER 16, 2022
Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. The podcasts below can be found across a variety of platforms, including Apple Podcasts, Google Play, Spotify and YouTube.
Fancy Pants Homes
SEPTEMBER 16, 2022
Abracadabra and bibbidi-bobbidi- boo, the Sanderson sisters are coming back to entertain me and you. Starring Kathy Najimy, Bette Midler and Sarah Jessica Parker , Hocus Pocus 2 is hitting Disney+ this fall, nearly three decades after the first one was released. The much-anticipated sequel to the popular 1993 film has us eagerly embracing our inner witch vibes.
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.
HomeLight
SEPTEMBER 14, 2022
When home prices and mortgage rates fluctuate it can make your head spin, especially if you need to sell a house in a down market. But that doesn’t necessarily mean you’ll lose money, especially if you know what actions to take to get the best price. To help you navigate a shifting housing market, we spoke with real estate agent Mari Slobounov, who is a business partner with the top-producing Lynn Holley Real Estate Group in Madison, Wisconsin.
Sotheby's International Real Estate
SEPTEMBER 16, 2022
For any form of design—architectural, industrial, interior, fashion—the word “timeless” should never be used thoughtlessly. A look can only be considered truly timeless if it continues to inspire, century after century, without passing into the passé. . Only a small selection of styles achieve this, so when choosing a property, or choosing how to present a property, it’s always wise to focus on those few that do.
Housing Wire
SEPTEMBER 16, 2022
The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage rose to an average of 6.02% this week ahead of the Federal Reserve ’s much-anticipated interest rate hike next week. Daily mortgage rate calculators are showing 30-year fixed rates at 6.30% and above. A year ago at this time, rates averaged 2.86%. . “Mortgage rates continued to rise alongside hotter-than-expected inflation numbers this week, exceeding six percent for the first time since late 2008,” said Sam Kh
Fancy Pants Homes
SEPTEMBER 13, 2022
Since its inception in 1923, Disney has always made us believe in all things magic. There may be a few skeptics and naysayers, but as it turns out some fairytales do come true. . Just take a look at this breathtaking cottage reminiscent of the one from Snow White and the Seven Dwarves and you will know what we mean. Located in the very stylish-yet-quaint Larchmont Village neighborhood of Los Angeles, this unique home belonged to Adriana Caselotti , the voice of the original Snow White in the fir
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Realty Biz
SEPTEMBER 14, 2022
If you’ve ever purchased a home, you’re probably familiar with the term “equity” and what it means. When it comes to buying a house, your down payment is the initial equity you have in the property. The rest is financed through your loan with a bank, which you slowly pay off over time. . Unfortunately, commercial real estate is rarely this simple. Because these types of properties cost tens or even hundreds of millions of dollars, they usually require many different forms of financing.
BubbleInfo
SEPTEMBER 16, 2022
Are you waiting to buy a home until you can get a sizable discount? Is it because you know a guy who will give you a deal on any home improvements needed; you’ve got your eye on some new appliances down at the scratch-and-dent outlet; and you were thinking about going through Redfin until you […].
Housing Wire
SEPTEMBER 16, 2022
Rocket Mortgage and its wholesale arm Rocket Pro TPO will reduce homebuyers’ monthly mortgage payments by one full percentage point for the first year of their loan. Dubbed the “Inflation Buster” program, Rocket aims to give borrowers a reprieve to combat high inflation and affordability challenges, the company said in a statement Friday.
Fancy Pants Homes
SEPTEMBER 14, 2022
Karen Haines, founder of the best-selling canned vodka cocktail brand, Spa Girl Cocktails, is parting ways with her party-ready home in Palm Springs. Haines, who turned her passion for entertaining guests in her unique Palm Springs home into a winning business idea, is also a celebrated designer and trendsetter — and her house is proof of that.
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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