Eye on Housing
AUGUST 3, 2022
The share of prospective home buyers who are actively engaged in the process to buy a home rose to 49% in the second quarter of 2022, after declining for three straight quarters. The pivot is likely driven by less competition from buyers who have exited the market, which has encouraged many of those remaining to become active buyers. Except for.
The American Genius for Real Estate
AUGUST 2, 2022
When your day is stacked with client meetings, one late appearance can throw everything off - here's how to stay on track. The post How to deal with clients who are consistently late appeared first on The American Genius Real Estate.
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Keeping Current Matters
AUGUST 2, 2022
With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble.
Housing Wire
AUGUST 5, 2022
What a crazy day for my economic model! On the same day, the Bureau of Labor Statistics (BLS) revealed that we’ve recovered all the jobs lost to COVID-19 and I am raising my sixth recession red flag. When I wrote the America is back recovery model on April 7, 2020, and then retired it on Dec. 9, 2020, I knew one data line would lag the most: jobs!
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Real Trends
AUGUST 2, 2022
Despite rising home prices , rents and mortgage rates , nationwide, the homeownership rate was up and the rental vacancy rate was down during the second quarter of 2022 compared to a year prior, according to data released Tuesday by the U.S. Census Bureau. During the second quarter, the homeownership rate rose to 65.8% from 65.4% a year prior, which the reports notes is not a statistically significant difference.
Brownstoner
AUGUST 1, 2022
It is months away, but perhaps thinking about an illuminated cold-season walk through the crisp air at Brooklyn Botanic Garden will get you through the rest of the summer heat. The glimmering spectacle, which debuted in 2021, will light up the garden from November 16 through January 8, 2023, with some… Read More > The post Anticipating Cold Weather, Ticket Sales Launch for Return of Lightscape to Brooklyn Botanic Garden appeared first on Brownstoner.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
AUGUST 3, 2022
To say that mortgage rates have been on a wild Mr. Toad’s ride in 2022 is an understatement. In less than a year, we went from 2.78% on the 30-year fixed to as high as 6.28% , then recently got as low as 5% — only to have another move higher this week to 5.30%. People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% to 4.5%.
Eye on Housing
AUGUST 1, 2022
For the first time since 2020, prospective buyers expect housing availability to improve. After falling steadily for five quarters, the share expecting the home search to get easier in the months ahead grew from 17% to 22% between the first and second quarters of 2022. Less competition from buyers priced-out of the market by recent increases in mortgage rates is.
Maximum Exposure Real Estate
AUGUST 2, 2022
Home Appraisal Myths You Need to Know The home appraisal process can be nerve-wracking for many sellers. You probably already listed your home, and even received an offer, and now someone is coming in to tell you what the house is worth? Someone who can quickly state a price that sinks your sale? It only […]. The post Appraisal Myths Too Many Sellers Believe appeared first on Maximum Real Estate Exposure.
Keeping Current Matters
AUGUST 3, 2022
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this.
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Housing Wire
AUGUST 4, 2022
Fannie Mae will now buy mortgage loans with lender-funded grants, including down payment assistance, closing costs or financial reserves. The change could give nonbank lenders a way to guard against redlining accusations. The government-sponsored enterprise will start accepting such loans immediately. According to Fannie Mae’s guidance , “The lender must have a documented program that provides grants for low- to moderate-income borrowers, community development, equitable housing initiative
The American Genius for Real Estate
AUGUST 2, 2022
Opendoor has been fined millions for their claims of "more accurate offers and lower costs." The FTC says the opposite is true. The post FTC nails Opendoor with $62M fine for misleading consumers appeared first on The American Genius Real Estate.
GeekEstate
JULY 31, 2022
In this week’s founder interview, we’re bringing you Will Dunn from Gravy. Without further ado…. Who are you and what do you do? I am the co-founder and Chief Growth Officer at Gravy, a mobile app that helps renters save money and buy their first home sooner. I focus on our strategic roadmap and identifying new ways that we can help aspiring homeowners succeed.
Keeping Current Matters
AUGUST 1, 2022
Buying a home is a major life decision.
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Housing Wire
AUGUST 3, 2022
Distressed mortgages dating back to the height of the pandemic are expected to fuel a jump in foreclosure activity over the next 12 months, although the foreclosure rate is still expected to remain below the pre-pandemic historical average, a new report from Auction.com contends. The prediction by one of the nation’s leading marketplaces for distressed assets, is based on a survey of some 50 Auction.com clients, including private-sector mortgage servicers and government-sponsored enterprises (GS
Sotheby's International Real Estate
AUGUST 5, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Rye, New York | Christy Murphy, Julia B. Fee Sotheby’s International Realty . The historic home where Audrey Hepburn’s Sabrina lived most of her life dreaming up a whole new world with the Larrabees’ is now on sale for $11 million. Mansion where iconic Audrey Hepburn played ‘Sabrina’ lists for $11M – New York Post.
GeekEstate
AUGUST 4, 2022
Members of the GEM (“Geek Estate Mastermind”) have access to original strategic analysis, a weekly digest to stay in the proptech know, private highly curated events, and a private forum complete with over 220 long-form essays in the archives. Below is a wrap-up for the month of July with the most interesting analysis & commentary from the GEM.
The American Genius for Real Estate
AUGUST 3, 2022
This app allows users to upload photos, videos, music and create a snappy-looking product in minutes - and they have templates for real estate. The post Stuck trying to create videos for social media? Try these templates appeared first on The American Genius Real Estate.
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.
Housing Wire
AUGUST 5, 2022
Amid fears and talk of a recession , job growth in the U.S. remained strong in July, with nonfarm payroll employment rising by 528,000 jobs from the month prior , according to data released Friday by the Bureau of Labor Statistics. After this latest job gain, the unemployment rate fell to 3.5%. Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic level.
Sotheby's International Real Estate
AUGUST 2, 2022
Although known primarily for her Emmy-winning turn on American television, Colombian-born superstar Sofia Vergara has also brought her natural beauty and grace to her work as a producer, spokesperson, and philanthropist. This seven-bedroom Beverly Hills estate, which Vergara shares with her husband and fellow Hollywood luminary, Joe Manganiello, was built in 2006.
Realty Biz
AUGUST 5, 2022
Congratulations on moving into your newly built home and I hope you enjoy many happy years living there. Everything is sparkling clean from the floors, to the walls, to the ceilings, and the brand-new appliances. However, enjoying life there brings wear-and-tear and that requires maintenance to keep everything in the most attractive shape and to prevent small problems from becoming big headaches.
HomeLight
JULY 31, 2022
A bathroom remodel in 2022 can increase a home’s value by as much as 53%-58% of what is spent on the renovation. Some remodels might even recoup up to 71% of your costs upon resale. Bathrooms are deal breakers (or makers) in a home sale , and buyers will place a hard minimum on their number of desired baths. But how does a bathroom remodel increase home value?
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.
Housing Wire
AUGUST 5, 2022
Stakeholders on all sides of the issues sounded off on the proposed changes to the federal redlining statute in comments to the banking agencies marshaling the changes. Some of the nearly 360 comments came in late on Thursday, a day before the deadline imposed by the Office of the Comptroller of the Currency , the Federal Reserve and the Federal Deposit Insurance Corporation.
Lighter Side of Real Estate
AUGUST 3, 2022
When you’re selling your house, you want to make as much money as you can, as quickly as possible, and with the least amount of interruption to your life. So when you come across an “iBuyer” company that offers to buy your house for fair market value, without having to put it on the market, and not having to pay real estate commissions, it can sound super appealing.
Toronto Realty Blog
AUGUST 2, 2022
TorontoRealtyBlog. Did you know that Arnold Schwarzenegger was my hero when I was younger? True story. I was one of the very fortunate few who got to experience this thing called a “laser-disc player” in 1992. What in the world is a laser-disc? Well, if you consider that when it comes to music and audio technology, we first had cassettes , and then benefited from the improved technology that compact discs offered, it was the exact same thing for video!
BubbleInfo
AUGUST 3, 2022
There will be a few more late-reporters, but it looks like this year’s July sales will be about half of what they were last year: NSDCC (La Jolla to Carlsbad) July Sales Year Number of Detached-Home Sales Median Sales Price Median DOM 2016 273 $1,100,000 45 2017 260 $1,243,250 19 2018 271 $1,280,000 27 2019 […].
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Housing Wire
AUGUST 5, 2022
In recent months, interest rates have risen to their highest level in years as the Federal Reserve has embarked on an aggressive tightening campaign in an effort to fight inflation. Despite rising rates, demand for home equity lines of credit (HELOCs) continues to surge with 2022 origination levels up more than 40% from a year ago, according to data from Citizens.
Realty Biz
AUGUST 1, 2022
The internet is a ubiquitous tool that we all use every day, sometimes several times a day. We use it for entertainment, to get our news, to communicate with friends and family members, and to do all sorts of business. From buying things on Amazon to selling things on eBay and everything in between, the internet makes the world go ‘round – and that’s not changing anytime soon.
Marco Santarelli
AUGUST 3, 2022
Recent projections for the Arizona housing market indicate that home prices may continue to rise steadily through 2022 and into 2023. The AZ housing market has experienced two consecutive years of record-breaking price rises. Home prices continue to rise as a result of a lack of available properties and high buyer demand. Arizona's real estate market experienced a historic price increase last year.
BubbleInfo
AUGUST 1, 2022
Even if there was a concerted effort to inform the public that mortgage rates are in the 4s (with jumbos in the mid-4s!), it is probably too late in the season to revive much enthusiasm with home buyers. But there are still people in the hunt. Last week’s count of new pendings was 20, and […].
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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