Sat.Mar 11, 2023 - Fri.Mar 17, 2023

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Latest housing starts data is good for mortgage rates

Housing Wire

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 510
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What Buyer Activity Tells Us About the Housing Market

Keeping Current Matters

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

Marketing 219
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Summer Home-Selling Maintenance Checklist: 15 Expert Tips

HomeLight

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

Staging 109
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Frenzy Monitor

BubbleInfo

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
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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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There are now more households with pets than children

Real Trends

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.

As-is 105

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Coldwell Banker COO: ‘Traditional hard work’ is making a comeback

Inman

Coldwell Banker Chief Operating Officer Liz Gehringer told Inman a diversity push is helping grow the company even in a slower market. She also touted the return of international buyers as the pandemic winds down.

As-is 148
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Coldwell Banker Around the World: March 2023

Coldwell Banker

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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Is Now a Good Time to Buy a Home?

Realty Biz

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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Don’t Miss Out: 8 Must-Attend Real Estate Conferences in 2023!

Kyle Handy

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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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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FHFA delays implementation of LLPA DTI fees

Housing Wire

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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Balancing Your Wants and Needs as a Homebuyer This Spring

Keeping Current Matters

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.

Sales 221
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EXp Canada appoints veteran agent John Tsai as new president

Inman

EXp Canada has appointed veteran real estate agents John Tsai, Nadia Habib and Nathalie Goodyer to three C-suite positions, according to the company. Tsai joined the brokerage in 2017.

Agents 148
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Green with Envy: 5 Homes with Gloriously Green Spaces

Sotheby's International Real Estate

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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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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Big banks to rescue First Republic with $30B in deposits 

Housing Wire

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.

Banks 433
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Leverage Your Equity When You Sell Your House

Keeping Current Matters

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

Equity 219
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Think globally, act locally: How the right franchise partner helps businesses expand their network and net worth

Inman

Our successful owners routinely gather to share winning business strategies, discuss joint business ventures, and help make each other even stronger, displaying an unbeatable combination of know-how and camaraderie.

Agents 148
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Concrete Products Lead Building Materials Prices Higher

Eye on Housing

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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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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Former Guaranteed Rate SVP Ravi Patel and team join UMortgage

Housing Wire

Ravi Patel, a top loan officer and former senior vice president of mortgage lending at Guaranteed Rate , and his team, have moved to UMortgage, according to a statement issued on Monday. “Winners in this industry want to join our platform because we’re identifying the acute pain points of loan originators of different backgrounds—whether that be a retail shop or their own brokerage—and providing value-based solutions,” UMortgage President and CEO Anthony Casa.

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An Expert Gives You Clarity in Today’s Housing Market

Keeping Current Matters

The housing market has been going through shifts lately.

Marketing 203
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Top features of branded residences for the luxury buyer

Inman

Luxury buyers place a high value on acquiring the world’s most iconic brands, so it’s only natural they would appreciate an acclaimed name when making their next great real estate purchase.

Branding 148
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Explore 5 Mid-Century Modern Homes

Sotheby's International Real Estate

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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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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Housing Market Tracker: Mortgage rates fall after SVB failure

Housing Wire

Last week was wild, and not just for the housing market. We had a 21st-century bank run on Silicon Valley Bank and then the federal government took action over the weekend to stop the contagion. Mortgage rates fell even though the jobs report was stronger than anticipated. The bank failure spooked bond traders who were looking for higher yields and rates.

Mortgages 370
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NAHB 2023 “Priced Out” Estimates – State and Local Estimates

Eye on Housing

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 124
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WATCH: ChatGPT – Will it Replace Agents?

Inman

Is automating responses the best tactic in an industry that typically requires a deep level of personalization? In this episode, we will take a deeper dive into the benefits of these tools for entrepreneurs and the pitfalls of relying too heavily on technology.

Agents 148
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Luxury Real Estate Headlines: Third Week in March 2023

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Greenwich, Connecticut | Sotheby’s International Realty – Greenwich Brokerage This magnificent $18 million manor home, called Denbigh Farm, looks straight out of the English countryside. Stunning Homes for Sale with Their Own Idyllic Gardens, From Tuscany to East Hampton – Robb Report A 19th-Century New York Manse Where Bill Murray Briefly Lived Lists for $2 Million – Mansion Global

Brokerage 120
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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.