Sat.Jul 09, 2022 - Fri.Jul 15, 2022

With home sales down, why are home prices still up?

Housing Wire

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows.

Sales 424

June Inflation Reading the Highest since 1981

Eyes on Housing

Consumer prices reached a new 40-year high in June as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the fourth straight month for inflation above an 8% rate and was the largest year-over-year gain since November 1981.

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6 Common Home Staging Mistakes

Realty Biz

Before listing a home on the market, staging the property is one of the first steps a seller should take. Effectively staging a home showcases its best features and helps potential buyers imagine themselves making the place their new home.

Should I Buy a Home Right Now?

Keeping Current Matters

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? First Time Home Buyers For Buyers Housing Market Updates Move-Up Buyers Pricing Content Hub

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 this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

The hybrid appraisal is here. Who benefits?

Housing Wire

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. Sitting in traffic, Tomaszewski wished he could pay an Uber driver to take the photos instead.

More Trending

Should You Avoid Contingencies in a Seller’s Market?

Homes.com

Should you sacrifice contingencies in order to get your offer accepted? In a seller's market, some buyers may choose to, but there's risk involved. The post Should You Avoid Contingencies in a Seller’s Market? appeared first on Homes.com.

Housing Experts Say This Isn’t a Bubble

Keeping Current Matters

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. For Buyers For Sellers Housing Market Updates Content Hub

MSR market picks up in Q3 where Q2 left off: Hot

Housing Wire

Four new mortgage-servicing rights (MSR) offerings for agency loan portfolios valued at some $3.7 billion hit the market as the third quarter of the year kicked off.

Loans 334

Remodeling Market Declines Year-over-Year

Eyes on Housing

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2022 posted a reading of 77, declining 10 points from the second quarter of 2021. This is the largest year-over-year decrease since the survey was redesigned in Q1 2020.

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

What Is Digital Marketing for Real Estate?

Realty Biz

Simply put, digital marketing for real estate is the process of promoting your real estate business online. The marketing activities involved can vary widely depending on your business type and target audience.

The Drop in Mortgage Rates Brings Good News for Homebuyers

Keeping Current Matters

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers Content Hub

Wells Fargo: Our mortgage business will “naturally” decline

Housing Wire

Wells Fargo ‘s second-quarter earnings reflect the broader challenges mortgage lenders face in such a turbulent market – in just six months, a rapid rise in mortgage rates has eroded consumer demand, shocked capital markets and forced mass industry layoffs.

Slowdown in Single-Family Permits in May 2022

Eyes on Housing

Over the first five months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 473,997. On a year-over-year (YoY) basis, this is a 2.0% decline over the May 2021 level of 483,878.

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

5 Valuation Methods for Investment in Real Estate

McKissock

How do you determine the investment value of a property? Well, it’s an art. It’s not like valuing a house in which you are going to live. That would be the homeowner value. When estimating a property’s investment value, there are a variety of real estate valuation methods you can use.

Expert Housing Market Forecasts for the Second Half of the Year

Keeping Current Matters

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? For Buyers For Sellers Housing Market Updates Interest Rates Pricing Content Hub

Mortgage application volume dips 1.7% led by decline in purchase mortgages

Housing Wire

Demand for mortgages declined for the second consecutive week, led by a dip in purchase mortgage applications — despite rates on a downward trend. The market composite index, a measure of mortgage loan application volume, decreased 1.7%

Since Pandemic Onset, Lumber Products Have Added $14K to House Price, $51 to Rent

Eyes on Housing

Since the relatively low point at the onset of the pandemic on April 17, 2020, lumber prices have been volatile, with record setting spikes interspersed with periods of substantial declines.

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

Nine ways to afford more house without more cash

The Mortgage Report

Rising mortgage rates have put the squeeze on home buyers. Here are nine tips to afford more house at today's rates without saving more cash.

The Gap Is Back

BubbleInfo

Today, there are 160 pending listings between La Jolla and Carlsbad, and 36 sales have closed this month so far – and currently, there are 470 active listings with a median list price of $2,997,000.

Sales 94

Manufactured housing’s trek toward acceptance

Housing Wire

In policymakers’ hunt for a scalable, quick solution to the affordability crisis, one model has attracted more attention of late: manufactured housing.

Residential Building Worker Wages Continue to Rise Amid Uncertainty

Eyes on Housing

Average hourly earnings for residential building workers* continue to rise in May as the construction labor market remains tight, meanwhile the growth rate is trending down given tightening financial conditions and increased economic uncertainty.

The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

What is a Condemned House and What Happens to The Owner

Maximum Exposure Real Estate

If you are the owner of a condemned property, you may wonder what will happen to your house. Condemned houses often bring a certain amount of curiosity. You may have even driven by condemned houses with signs saying as much.

Inventory Watch

BubbleInfo

The Big Standoff continued this week. Sellers are confident about their pricing, and refuse to budge much – and buyers are being very patient. There were 55 new NSDCC listings in the last week, and NONE of them have been marked pending yet!

Opinion: Trusting your data is key to taming origination costs

Housing Wire

One statistic in the Mortgage Bankers Association ’s latest quarterly Mortgage Bankers Performance Report sticks out for all of the wrong reasons.

Loans 311

The iconic Beverly House: where Jackie O & JFK honeymooned, ‘The Bodyguard’ was filmed, and where Beyonce shot ‘Black is King’

Fancy Pants Homes

What do JFK, Jackie O., William Randolph Hearst , Beyonce, Francis Ford Coppola, and Whitney Houston have in common, besides incredible fame and fortune? They’re all tied, in one way or another, to the house at 1011 N. Beverly Drive in California.

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!