Housing Wire

MARCH 16, 2023

How is today’s housing starts data , which beat expectations, good for mortgage rates ? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation. The answer is simple: The best way to fight inflation long-term is to add more supply. Destroying demand is a short-term fix, but longer-term supply is the natural economic way.

Mortgages 509

Mortgages Construction Banks Sales 509

Keeping Current Matters

MARCH 16, 2023

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home.

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Marketing 242

HomeLight

MARCH 16, 2023

Yikes… it was a rough winter, and maybe the spring-cleaning memo got lost in your inbox. Now it’s time to put your home on the market , but if you leave it unmaintained and unkempt, you’ll never impress potential buyers. You need a summer home-selling maintenance checklist. So, where should you start? We interviewed some of the top real estate agents about what buyers look for when they’re shopping for homes and found out everything we could about how to whip your home back into shape this summe

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BubbleInfo

MARCH 16, 2023

The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Four areas have MORE pendings than active listings, which is a sign of a red-hot market, and all areas except Rancho Santa Fe are around the healthy 2:1 ratio.

Marketing 105

Marketing 105

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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.

Sales

Real Trends

MARCH 14, 2023

The U.S. now has more households with pets than with children, according to a recent analysis by the National Association with Realtors (NAR). According to the NAR, while the number of families with children in households declined in the last two decades, the number of pet owner households increased. The share of Americans with pets in their homes is up from 56% in 1988 to 70% in 2022, according to data analyzed by the NAR.

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As-is Agents Marketing 111

Windemere Buying

MARCH 15, 2023

Mansion vs Estate If there’s one thing that’s clear about a mansion or an estate, it’s that they’re not your average houses. But what differentiates the two? Are the two terms interchangeable? Mansions and estates actually each have separate characteristics that give them their special classification. Understanding a bit more about what makes them special can help inform your discussions with your real estate agent when looking for a luxury property of this class.

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Land Agents Lending Design 99

Coldwell Banker

MARCH 14, 2023

Grab a glass of carmenere and fire up the grill to make yourself “asado,” because this month we are visiting Coldwell Banker Nueva Las Condes, located in the bustling capital city of Santiago de Chile. The post Coldwell Banker Around the World: March 2023 appeared first on Coldwell Banker Blue Matter.

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Realty Biz

MARCH 15, 2023

With changes in the housing market, you might question whether it is a good time to buy a house. But a better question to ask is whether now is the right time in your life to buy a house. What happens in the housing market is important, but your financial situation and whether you are ready to buy a home should be more influential in your decision. Understanding how to buy a house and the steps in the process is also essential before making such a significant commitment.

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Mortgages Debt-to-income ratio Fixed-rate mortgage Loans 124

Kyle Handy

MARCH 13, 2023

Real estate conferences are a great way to learn more, network, and build your reputation. At a real estate conference, you get to interface one-on-one with experts in your field. You get to listen to the best of the best. From commercial real estate to real estate investing, you can find out what you need to know from other real estate professionals.

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Brokerage Agents Residential Commercial 70

Housing Wire

MARCH 16, 2023

After pulling back at the start of the year , homebuilders jumped back in during February as homebuyer demand and builder confidence trended upward. Homes were started at an estimated annual pace of 1.45 million in February, up 9.8% month over month, according to a report released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD).

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MLS Banks Construction Finance 445

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.

Agents

Keeping Current Matters

MARCH 15, 2023

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years.

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Sales 222

Inman

MARCH 17, 2023

The sudden change in the global banking landscape has left luxury real estate clients hanging out "in the parking lot," Kofi Nartey said, as they wait to see where the remaining chips will fall.

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Banks Marketing 153

Eye on Housing

MARCH 15, 2023

After four consecutive declines, the producer price index (PPI) for inputs to residential construction less energy (i.e., building materials) rose 0.3% in February 2023 (not seasonally adjusted) follow a 1.1% increase in January (revised), according to the latest PPI report. Price growth of goods inputs to residential construction, including energy, gained 0.4% over the month.

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Residential Construction 140

Housing Wire

MARCH 16, 2023

A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure. The rescue comes after Silvergate Bank , Silicon Valley Bank and Signature Bank collapsed amid a liquidity crisis caused by a deposit run. “Today, 11 banks announced $30 billion in deposits into First Republic Bank.

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Banks Loans Closing Sales 441

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.

Agents

Keeping Current Matters

MARCH 13, 2023

One of the benefits of being a homeowner is that you build equity over time.

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Equity 226

Inman

MARCH 17, 2023

Beagel aims to be a deeply integrated software partner leading with an in-browser open offer solution that allows buyers to bid on homes and agents to manage the process

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Agents Brokerage Technology 155

Sotheby's International Real Estate

MARCH 11, 2023

Green is a soothing, refreshing hue that brings to mind lush meadows, leafy groves, and idyllic forests. It fills spaces with cheer, optimism, and a welcome reminder of the long, warmer days ahead. Handsome Houston Haven Michelle Carpenter | Martha Turner Sotheby’s International Realty This stylish townhome is located in a beautifully landscaped enclave of serene Southside Place, one of Houston’s most desirable neighborhoods.

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Housing Wire

MARCH 17, 2023

Single-family home purchase demand by investors remained steady in the fourth quarter of 2022, despite a dip in iBuying and larger investor demand, according to a report released this month by CoreLogic. The share of investor purchases of single-family homes fell to 21% in June of 2022, but rebounded to 26% in September and has remained stable since that point, according to CoreLogic economist Thomas Malone.

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Investor Marketing As-is 417

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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.

Agents

Keeping Current Matters

MARCH 14, 2023

The housing market has been going through shifts lately.

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Marketing 203

Inman

MARCH 13, 2023

Transaction sides fell 18.2 percent year over year for a total of $472.9 billion in sales in 2022, a 12.5 percent decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage.

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Sotheby's International Real Estate

MARCH 13, 2023

Mid-century modern homes—famed for their clean lines, large windows and open spaces—are still coveted by those who appreciate simplicity and immersion in nature. In locations from Houston to Denver, explore five perennially stylish homes built circa 1950-1965. Saratoga, California Golden Gate Sotheby’s International Realty Ceilings of birch wood plank, expansive floor-to-ceiling windows, a handsome fireplace, and Mid-century details throughout create an unforgettable atmosphere in this ho

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Housing Wire

MARCH 15, 2023

Following a chorus of complaints from the mortgage industry, the Federal Housing Finance Agency (FHFA) on Wednesday announced that it would delay the implementation of a new and controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income ratios. The upfront pricing fee on DTI ratios of 40% or more – part of a larger series of changes to the Enterprises’ pricing grids – was slated to go into effect on May 1, 2023. “FHFA has decided to delay the effecti

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Debt-to-income ratio Mortgages Loans Investor 418

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.

Sales

Realty Biz

MARCH 16, 2023

Are you in the process of applying for your first mortgage ? Or perhaps you've discovered that an estate tax lien has been placed on your property. Whatever the case, as a property owner, it's important to understand as much as possible about real estate liens. A property lien is a legal claim placed on a property by a creditor as collateral for an outstanding debt or payment owed.

Mortgages 122

Mortgages Loans Renovation Construction 122

Inman

MARCH 16, 2023

Coldwell Banker agents subjected prospective homebuyers of color to different requirements than white homebuyers, according to the Office of the New York State Attorney General.

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Brokerage Agents 149

Eye on Housing

MARCH 17, 2023

NAHB recently released its 2023 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that 96.5 million households are already not able to afford a median priced new home in 2023 due to the fact that their incomes are insufficient to qualify for the required mortgage under standard underwriting criteria.

Mortgages 121

Mortgages 121

Housing Wire

MARCH 14, 2023

Despite affordability challenges, the Hispanic homeownership rate reached 48.6% in 2022, the eighth consecutive year of growth. Latinos added a net total of 349,000 homeowner households last year, which is one of the largest single year gains over the last decade, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2022 state of Hispanic homeownership report on Tuesday.

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Debt-to-income ratio Mortgages Closing costs Equity 412

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.

Sales

Propmodo

MARCH 15, 2023

The U.S. economy has been going through a rough patch, as economies are prone to do now and then. Last year, it met the informal threshold of a recession with two consecutive quarters of negative gross domestic product growth. But despite that, the National Bureau of Economic Research has not officially declared a recession yet. Typically, it takes them about a year to make that call as a recession is based on a broad range of economic factors.

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Commercial Industrial As-is Brokerage 121

Inman

MARCH 17, 2023

Marketing that repulses the intended audience is much worse than marketing with no redeeming qualities, writes Laura Viñalet. Your marketing should be strategic, purposeful and professional. Here are seven major marketing turnoffs that you should avoid.

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Agents Marketing Branding 148

Realty Biz

MARCH 16, 2023

Are you trying to decide the best mortgage options for buying your first home? If so, you have probably decided now is a good time to buy a house. If qualifying for a conventional loan is difficult, and you aren't eligible for VA or USDA loans, an FHA loan could be the answer. FHA loans allow you to pay 3.5% even if your credit isn't the best. But there are also downsides to FHA-insured loans.

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FHA loan Loans Mortgages Debt-to-income ratio 118

Housing Wire

MARCH 15, 2023

Fannie Mae announced on Wednesday that it has appointed Michael Seelig to its board of directors, where he will serve on the audit committee. Seelig’s mandate is to “help Fannie Mae fulfill its mission to facilitate equitable and sustainable access to homeownership and quality affordable rental housing across America,” according to a statement from the government-sponsored enterprise (GSE).

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Mortgages Residential Finance Title 399

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

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

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