Sat.Feb 05, 2022 - Fri.Feb 11, 2022

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Mortgage rates jump to 3.69% as economy normalizes

Housing Wire

The average 30-year-fixed rate mortgage climbed to 3.69% for the week ending Feb. 3, up eight basis points from the previous week. It’s the highest level since the start of the pandemic, according to the latest Freddie Mac PMMS Mortgage Survey. Before the uptick, the rates remained flat at 3.55% for three weeks, reflecting the impact of the Omicron variant in the economy.

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Want Top Dollar for Your House? Now’s the Time To List It.

Keeping Current Matters

When you’re selling any item, you usually want to sell it for the greatest profit possible.

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Inflation Reaches 40-Year High in January

Eye on Housing

Consumer prices continued to accelerate in January due to higher food, electricity and housing costs. This was the largest year-over-year gain since February 1982. This higher-than-expected inflation may push the Federal Reserve to become more aggressive and raise the federal funds rate at a faster pace. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose.

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Weeksville’s Long Awaited ‘In Pursuit of Freedom’ Exhibit Set to Open During Black History Month

Brownstoner

It has been years in the making, and this weekend as tours of Weeksville's historic Hunterfly houses resume, visitors will be able to get a glimpse of the completed 'In Pursuit of Freedom' exhibit. Set inside the only reproduction house amidst the row of original 19th century dwellings that are… Read More > The post Weeksville’s Long Awaited ‘In Pursuit of Freedom’ Exhibit Set to Open During Black History Month appeared first on Brownstoner.

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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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As the market shifts to purchase, LOs get creative

Housing Wire

Maryland has over a dozen Eastern European stores that sell products like caviar, pumpernickel bread and salo, a Ukrainian-style bacon. Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area.

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Consumers Agree: It’s a Good Time To Sell

Keeping Current Matters

In today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house.

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More Trending

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Inside a Pacific Heights Penthouse

Sotheby's International Real Estate

Long one of San Francisco’s most coveted neighborhoods, prestigious Pacific Heights is celebrated for its verdant parks, the famed Lyon Street Stairs, and popular boutiques and cafés—but it is perhaps most widely admired for its historic, architecturally significant estates with manicured lawns and sweeping picturesque vistas of the bay. San Francisco, California | Gregg Lynn, Sotheby’s International Realty – San Francisco Brokerage.

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Licking its wounds, Zillow bets on a ‘housing super app’

Housing Wire

Zillow CEO Rich Barton. When Zillow stunned the housing world last November by announcing a wind down of its iBuying program – and beginning the process of laying off a quarter of its workforce – the question became what’s next. Suspense built as Zillow has kept a low profile since. On Thursday, we got an answer – A super app. “We are focused on building the ‘housing super app’ – an integrated digital experience in which Zillow connects all the fragmented pieces of the moving process and brings

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Don’t Let Student Loans Delay Your Homeownership Dreams

Keeping Current Matters

If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans.

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Locals Push City to Create Permanent Public Plaza at Greenpoint Intersection Near McCarren Park

Brownstoner

North Brooklynites are trucking along in their mission to make “Banker’s Anchor,” a triangle of land at North 15th and Bank streets, into a public plaza. At just over 5,000 square feet, the spot doesn’t seem like much, but it became a popular gathering place for the neighborhood, especially during the… Read More > The post Locals Push City to Create Permanent Public Plaza at Greenpoint Intersection Near McCarren Park appeared first on Brownstoner.

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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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Simple Ways to Save Energy and Money

Coldwell Banker

Going green is a great way to minimize waste, help the environment, reduce your energy bills and just live healthier. The post Simple Ways to Save Energy and Money appeared first on Coldwell Banker Blue Matter.

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Why is our industry still transferring money with paper checks?

Housing Wire

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” This is especially true on the financial services side when it comes to transferring money for real estate. There’s really no experience quite like buying a home.

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Soaring Construction Costs Drop Housing Affordability to Lowest Level in a Decade

Eye on Housing

Supply-chain bottlenecks that put upward pressure on home prices along with rising interest rates contributed to housing affordability falling to a 10-year low. The likelihood of higher interest rates in the months ahead (as the Federal Reserve moves to tighten interest rates) along with ongoing production challenges threaten to drive housing affordability even lower in 2022.

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Using remote work as an excuse to spy on employees is pathetic

The American Genius for Real Estate

(REAL ESTATE TECHNOLOGY) Remote work is bringing with it some surveillance. With the new blend of work and home, employees privacy is paramount. The post Using remote work as an excuse to spy on employees is pathetic appeared first on The American Genius Real Estate.

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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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Create The Perfect Home Gym

Coldwell Banker

Jumpstart your fitness goals and work up a sweat in the comfort of your own home. The post Create The Perfect Home Gym appeared first on Coldwell Banker Blue Matter.

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HW+ Virtual 2022 Forecast Event

Housing Wire

Forecasts take on a new meaning this year as we enter our second year of economic forecasting in a COVID-19 world. This 2022 forecast event brought together some of the top economists and researchers in the housing space, equipping attendees with the insights and data they need to navigate the year ahead. The following on-demand event is an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business and the biggest questions and

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Real Estate Marketing On TikTok

Easy Agent Pro

If you think that TikTok is just for teenagers think again. It’s true that younger users are the largest demographic using this video app. But, there are also significant numbers of Gen X, Gen Z, and Millennial users on TikTok also. And smart real estate agents on jumping on the TikTok marketing for real estate trend to reach new buyers. What Is TikTok?

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Upward Trends: Sky-High Luxury in 4 U.S. Venture Capital Hubs

Sotheby's International Real Estate

The prevalence and prestige of venture capital is growing globally, yet the opportunity in the U.S. is still unique. Investment reached a record high in 2020, with $166.6 billion across 12,173 deals nationwide—but that record was utterly shattered just one year later, with 17,054 deals worth $329.6 billion. According to analysts, these upward trends could continue for some time.

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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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6 Landscaping Trends That Can Help Increase the Value of Your Home

Coldwell Banker

Sure, location is important, but the three Ls in real estate are landscaping, landscaping, and landscaping. The post 6 Landscaping Trends That Can Help Increase the Value of Your Home appeared first on Coldwell Banker Blue Matter.

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Stewart says business is getting back to normal

Housing Wire

It is no secret that 2021 posed a variety of challenges for the title insurance industry. High demand for housing coupled with low mortgage rates led to an increase in both purchase and refinance transactions, pushing many firms to expand their capacity. Stewart Information Services Corporation was no exception. “2020 and 2021 were two of the best, as well as most challenging years in the title industry as a whole given tremendous changes in the market historically low rates and an ongoing impac

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Minimum Credit Score to Buy a House

Maximum Exposure Real Estate

What Credit Score Do I Need to Buy a Home? Are you interested in knowing the minimum credit score needed to buy a house? It is one of the most common mortgage questions among first-time home buyers. As you’ve probably guessed, your credit score is one of the essential factors in purchasing a house. Buying […]. The post Minimum Credit Score to Buy a House appeared first on Massachusetts Real Estate Exposure.

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5 Focus Areas for a Fantastic First Quarter

RIS Media

If you’re like most people, February is the time when New Year’s resolutions fade away and we settle back into our usual ways of doing business. Here’s an effective way to combat this backslide: instead of setting general goals, consider focusing on one or more of these industry-related areas and commit to taking an immediate action that will help you start the year off strong.

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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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San Diego is #1

BubbleInfo

San Francisco is no longer the nation’s least affordable metro area, being surpassed by San Diego, it’s neighborhood to the south. The latest OJO Labs unaffordability report saw San Diego bypass both San Francisco and Los Angeles to become the nation’s least affordable metro by comparing median home price to local incomes. The median home […].

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First American reports record breaking year?

Housing Wire

Just like other “Big Four” member Old Republic last week , First American Financial announced record breaking earnings during its fourth quarter earnings call on Thursday. The company’s total revenue for 2021 was up 30% from 2020 to a record of $9.2 billion, with $2.4 billion earned during the fourth quarter. However, the firm’s net income dropped to $260 million during Q4 compared to $280 million a year ago, which can be attributed to an uptick in operating costs.

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Former Downtown Brooklyn Woolworth’s Gets New Look, New Discount Store

Brownstoner

The remake of the former Fulton Street F.W. Woolworth store is complete and the building, which once had a streamlined Art Deco limestone facade, is now wrapped in gray and bright blue panels and a new discount retailer has taken over the upper floor. The new look resembles the Gap… Read More > The post Former Downtown Brooklyn Woolworth’s Gets New Look, New Discount Store appeared first on Brownstoner.

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Realogy Named by Forbes as One of America’s Best Large Employers 2022

RIS Media

Realogy Holdings Corp. was recognized by Forbes magazine as one of America’s Best Large Employers 2022. The award, presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider, selects America’s Best Large Employers through an independent survey distributed to approximately 60,000 American employees.

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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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Wire Fraud

BubbleInfo

Written by Richard Hopen from COMPASS Short Hills NJ: When my wife and I sold our house in 2017, our $239,000 mortgage payoff was stolen. The money was never recovered. We were victims of real estate wire fraud. I’m not only a victim, I’m also a real estate agent and lawyer. And shame on me […].

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Latest Better exit? It’s the head of real estate

Housing Wire

Back in August, Christian Wallace spoke effusively about her future at Better.com. The digital lender generated so much money through mortgage refinancing that it bankrolled a formidable real estate division. And Wallace, a former Sotheby’s agent and Opendoor manager, was charged with ensuring the division blossomed. But on Thursday, Wallace said that she gave Better her three-weeks notice of resignation.

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Don’t commit this texting sin with your clients, period

The American Genius for Real Estate

(EDITORIAL) Clear communication with clients is beyond important. This study found one error that separated sincere texting from insincere. The post Don’t commit this texting sin with your clients, period appeared first on The American Genius Real Estate.

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iBuying Wind-Down helps Zillow Record Q4 Revenue Surge

RIS Media

Despite the critique and skepticism that followed Zillow’s decision to bow out of iBuying late last year, the real estate tech giant has come out on the other side better for it, reporting significant revenue growth thanks mainly to Zillow Offers. Related: Zillow Looking to Ease the Homebuyer Journey Post-iBuying. According to its latest earnings report , the Seattle-based company earned $3.9 billion in Q4 of 2021—a 392% jump from the $789 million during the same period in 2020.

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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.