RIS Media
SEPTEMBER 27, 2023
Many potential buyers are struggling in the current housing market, but even with the market teetering in sellers’ favor, not every house is flying off the market. Buyers don’t want fixer-uppers In a recent podcast, J.R. Whalen of the Wall Street Journal noted, “Traditionally, fixer-upper homes have given buyers an opportunity to save some money… The post Why Fixer-Uppers Have Fallen Out of Favor appeared first on RISMedia.
Inman
SEPTEMBER 23, 2023
As a new agent, it can be hard to separate fact from fiction, coach and author Darryl Davis writes. Find out what's no longer true so that you can chart a course for your career.
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Inman
SEPTEMBER 25, 2023
Across the real estate sector, multigenerational living has emerged as a beneficial solution for many families. As the older generation ages, they’re cared for by loved ones. Younger generations are supported by their parents in sharing the costs and responsibilities of homeownership, and grandparents are available to help raise grandchildren.
Housing Wire
SEPTEMBER 27, 2023
After experiencing a temporary hiccup between July 2022 to January 2023, the U.S. housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Over the past year, the value of the U.S. housing market has surged by more than $2.6 trillion.
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Realty Biz
SEPTEMBER 27, 2023
Buying a home is one of the most exciting and challenging times in a person's life. But when you get the keys to your first house, there’s something you need to understand before you start picking out your new furniture: that home you just bought isn’t technically yours. It belongs to the bank until you pay off the mortgage, which happens more slowly than you might like.
HomeLight
SEPTEMBER 28, 2023
Editor’s Note: As a friendly reminder, this post is intended for educational purposes, not legal advice. If you need assistance completing California’s Natural Hazard Disclosure (NHD) Statement and Disclosure Report, HomeLight encourages you to reach out to a professional advisor. A cliffside Spanish villa with spectacular views of vineyard-dotted valleys, a historic Greek Revival mansion built on the banks of a picturesque river, a retro Art Deco beach bungalow overlooking the ocean: What do al
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Trends
SEPTEMBER 26, 2023
Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable.
Real Estate News
SEPTEMBER 26, 2023
Industry heavyweights — and former rivals — Spencer Rascoff and Glenn Kelman addressed some of the toughest issues facing real estate in a lively discussion.
Housing Wire
SEPTEMBER 29, 2023
Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% of U.S. homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% the month prior. In some markets, more than 50% of active listings have experienced a price cut, according to Altos Research.
Keeping Current Matters
SEPTEMBER 27, 2023
You might remember the housing crash in 2008, even if you didn't own a home at the time.
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Inman
SEPTEMBER 29, 2023
It takes a highly qualified real estate agent to perform at the level that some of the world's wealthiest celebrities demand. Here are the top ones serving Hollywood, according to "The Hollywood Reporter.
Real Estate News
SEPTEMBER 26, 2023
Prices in July topped last year’s high, but slowing demand due to elevated mortgage rates is expected to bring price declines and soften new home sales.
Housing Wire
SEPTEMBER 26, 2023
After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% compared to July , reaching a seasonally adjusted annual rate of 675,000. On a year-over-year basis, new home sales were up 5.8%.
Keeping Current Matters
SEPTEMBER 25, 2023
If you’re looking to buy a home this fall, there are a few things you need to know.
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Inman
SEPTEMBER 25, 2023
The 2023 real estate market has been a bit of a conundrum for agents and brokerages. Mortgage rates are high, listing prices are elevated, and housing inventory is limited. Construction of new homes is largely stalled or at least not meeting the high demand, and many homeowners who locked in record-low interest rates during the pandemic simply aren’t willing to leave their homes and sell.
Real Estate News
SEPTEMBER 24, 2023
The latest installment of Zillow's annual trends report offers insights into prospective buyers' needs and motivations, and how agents can add value.
Housing Wire
SEPTEMBER 24, 2023
Mortgage rates shot up last week after a hawkish Federal Reserve meeting, even though they didn’t raise rates. In addition, jobless claims data had another solid print, showing that the labor market hasn’t broken yet, which led to more selling of the 10-year yield. Mortgage rates did find some relief on Friday as bond yields headed lower. On housing inventory , new listings data saw a small decline last week, but active listings grew at a healthy clip.
RIS Media
SEPTEMBER 25, 2023
In the world of rental real estate, the roles of various professionals are often delineated based on their specialization. When it comes to the realm of rentals, rental agents and rental REALTORS® play a pivotal role in facilitating the process of finding the perfect rental property. We will provide a comprehensive overview of their responsibilities,… The post Exploring Roles and Responsibilities of Real Estate Agents for Renters appeared first on RISMedia.
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.
Inman
SEPTEMBER 28, 2023
Artificial intelligence tools like ChatGPT provide unprecedented leverage when you know how to use them effectively. Jimmy Burgess and Andy Beal offer strategies to help you make the most of this game-changing tech.
Real Estate News
SEPTEMBER 29, 2023
A jury decided that Zillow did not harm The Real Estate Exchange, known as REX, by moving its listings to a secondary tab with less traffic.
Housing Wire
SEPTEMBER 28, 2023
Mirroring the trend for new home sales , pending home sales fell 7.1% in August, according to data released Thursday by the National Association of Realtors (NAR). All four regions of the U.S. posted month-over-month and year-over-year declines in transactions. Year over year, pending home sales were down 18.7%, an even greater decrease than the 14% annual drop recorded in July.
RIS Media
SEPTEMBER 28, 2023
The real estate world is dynamic and filled with exciting opportunities and intricate challenges. Whether stepping into the market as a buyer, seller, or someone dealing with property-related complexities, having the right real estate attorney by your side is like having a compass in uncharted territory. But how do you find that ideal legal partner… The post How to Find a Real Estate Attorney Near You appeared first on RISMedia.
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.
Inman
SEPTEMBER 25, 2023
The luxury magazine with a distribution of about 35,000 will now be accessible to ultra-high-net-worth clients flying through select private airports in the U.S., the brokerage told Inman exclusively.
Real Estate News
SEPTEMBER 29, 2023
Chief Growth Officer Michael Valdes says eXp doesn’t “recruit” agents in a transactional sense, but seeks to “attract” for long-term growth and success.
Housing Wire
SEPTEMBER 28, 2023
Real estate media just got funnier as Actually Agents will join The Broke Agent within BAM , a real estate media company. While continuing to operate independently, Luca Alboretti of Actually Agents and Eric Simon of The Broke Agent will “collaborate to produce funny and engaging content that both entertains and educates real estate professionals,” BAM announced in a press release Thursday.
Seattle Times Real Estate
SEPTEMBER 23, 2023
A research paper identified over 90 buildings across the region that would make good candidates for conversion to apartments, but such projects may be unlikely.
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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.
Inman
SEPTEMBER 29, 2023
A judge struck down claims that defendants conspired to "fix," "maintain" and "increase" prices for buyer brokerage services, but allowed claims they sought to "control" prices to proceed.
Real Estate News
SEPTEMBER 28, 2023
Even as interest rates climb, home prices aren't budging, a combo which may "put the brakes on the housing market.
Housing Wire
SEPTEMBER 28, 2023
Mortgage rates climbed again this week as investors braced themselves for ‘higher-for-longer’ conditions following last week’s Fed meeting. Additionally, the yield on 10-year treasuries shot up to 4.6% on September 27 from 4.3% a week prior. Just before noon on Thursday, they were Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.31% as of Sept. 28, up 12 basis point from last week ’s
RIS Media
SEPTEMBER 25, 2023
There is good news to be celebrated in the new-home sector. All measures, from new-home sales to housing starts to building permits and housing completions, are up year-over-year. Given the dearth of housing inventory in the existing-home sales sector, this is cause for celebration. Current homeowners are unlikely to ditch their golden handcuffs of low-interest-rate… The post Why Built-for-Rent Is a Growing Market Segment appeared first on RISMedia.
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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