Housing Wire

JANUARY 12, 2023

Today’s inflation data has shown that the peak growth rate of inflation is behind us. This should also mean mortgage rates hit their highs. The key phrase I have stressed since I wrote about the case for mortgage rates to go lower on Oct. 27 is thinking 12 months out. The trend is your friend, and the month-to-month data has cooled off noticeably. That cooling happened even with the biggest inflation component — shelter inflation — still rising in the lagged modeled CPI data.

Mortgages 531

Mortgages Staging As-is Land 531

Inman

JANUARY 9, 2023

The metaverse is quickly becoming a platform, or a collection of several platforms, where you can advertise, socialize, build, and explore. It’s no wonder we’ve started to imagine how to bring real estate to this realm.

Development 193

Development Agents 193

Realtors Property Resource

JANUARY 11, 2023

Start the New Year in high gear! These five tips from RPR will get agents on track and off to a great fresh start for 2023. The post 5 Ways to Start 2023 Strong appeared first on Realtors Property Resource (RPR).

Agents 98

Agents Marketing 98

The Close

JANUARY 9, 2023

When I started The Broke Agent in 2015, real estate Instagram was an unbearable place to scroll. The #realtor hashtag was flooded with carbon copies of suited-and-booted “top producers” who were all magically in the top 1% (or so they claimed). I remember thinking, “ Is everyone in real estate killing it besides me? ” So I started to call out these fake “sales gurus” on @thebrokeagent and quickly realized I was not alone.

Agents 128

Agents Branding Closing Marketing 128

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Keeping Current Matters

JANUARY 10, 2023

Home equity has been a hot topic in real estate news lately.

Equity 282

Equity Marketing 282

The American Genius for Real Estate

JANUARY 11, 2023

It is fascinating to learn how much more a Millennial needs to feel secure than a Baby Boomer or GenXer, but Gen Z needs even more.

Finance 111

Finance 111

Broke Agent Media

JANUARY 12, 2023

BAM Key Details: . New Western released their latest report, showing investors remain confident in residential real estate investment for 2023. The report also revealed an increase in younger investors as Gen Z is expected to represent 30% of the U.S. labor market in 2023. New Western, the largest private marketplace in the U.S. for fix-and-flip residential investment properties, released their latest report: “ The Flip Side: An Outlook for Residential Real Estate Investing in 2023.”

Residential 98

Residential Investor Renovation Mortgages 98

BubbleInfo

JANUARY 9, 2023

There are only 88 pending listings today, which means we are unlikely to get up to 100 sales between La Jolla and Carlsbad this month. How radically different is that? Here’s how this month will compare to the previous Januarys of interest: NSDCC Detached-Home January Sales & Listings January Year Number of Sales Number of […].

Sales 105

Sales 105

Realty Biz

JANUARY 10, 2023

Selling a house as-is means selling the property without making any repairs or improvements. With all its flaws, the buyer takes the property and is responsible for any repairs or upgrades needed. The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. You can sell a house as-is to an individual buyer or companies like Vancouver Redevelopment , which specializes in buying houses as-is.

As-is 93

As-is Purchase and sale agreement Renovation Sales 93

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers.

Marketing 545

Marketing Construction Development Investor 545

Keeping Current Matters

JANUARY 13, 2023

Some Highlights. Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process. Work with a trusted real estate professional who can answer any questions as they come up.

As-is 318

As-is Marketing 318

Inman

JANUARY 11, 2023

From the ability to control their own income and flexibility of work hours to making a positive impact in the lives of others — there are many reasons why real estate professionals do what they do.

Agents 179

Agents 179

Better Dwelling

JANUARY 11, 2023

Greater Toronto experienced a massive population boom, but that may be peaking soon. Statistics Canada (Stat Can) data shows Toronto CMA’s population was booming in 2022. Drilling down into the numbers reveals the growth was just immigration. The artificial growth trend obfuscates the record outflow of residents from the region. The headline data looks great, […].

Mortgages 145

Mortgages 145

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. That’s a big one-week change. Does that mean we are heading back to all-time lows in inventory again for 2023? Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer.

Marketing 541

Marketing Mortgages As-is Sales 541

Keeping Current Matters

JANUARY 11, 2023

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years.

Marketing 315

Marketing 315

Inman

JANUARY 13, 2023

If you’re looking for a way to keep your upfront costs down but still have a steady flow of leads coming into your business, Jimmy Burgess recommends these companies.

Agents 174

Agents 174

Better Dwelling

JANUARY 12, 2023

Canada’s real estate market got a big boost from overleveraged borrowers, according to its bank regulator. OSFI data shows the share of mortgage borrowers that are overleveraged remains high. Overleveraged borrowers, those with a loan to income ratio of 450% or higher, have begun to taper with higher rates, but still represented 1 in 3 […]. The post Nearly 1 in 3 Canadian Mortgages Are Still Going To Overleveraged Borrowers appeared first on Better Dwelling.

Mortgages 144

Mortgages Banks Loans Marketing 144

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Housing Wire

JANUARY 12, 2023

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% compared to the year prior, according to Realtor.com’s December Housing Report. Despite this sizable yearly increase, active housing inventory was down 33.4% compared to December 2019 and 38.2% compared to the December 2017-2019 average.

Mortgages 533

Mortgages Marketing Days on market Closing 533

Keeping Current Matters

JANUARY 9, 2023

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year.

Marketing 275

Marketing 275

Inman

JANUARY 12, 2023

A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching.

Technology 174

Technology Marketing 174

Better Dwelling

JANUARY 13, 2023

Canadian homebuyers might face stronger regulations around mortgage borrowing soon. Office of the Superintendent of Financial Institutions (OSFI), Canada’s bank regulator, is soliciting feedback on a series of new rules to reduce leverage and mitigate risk. Now that risk tools like the stress test have proved why they’re important, they’re seeking to address any gaps […].

Banks 138

Banks Mortgages 138

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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

Housing Wire

JANUARY 11, 2023

Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. . “I’ve had five people contact me in the last week or so to talk about buying a new home, which is much better than a month or two ago,” Rochelle Gano , a Vancouver, Washington-based loan officer at Movement Mortgage , told HousingWire. “It seems like, with every

Seller concession 527

Seller concession Mortgages Loan Officer Loans 527

Keeping Current Matters

JANUARY 12, 2023

During the pandemic, second homes became popular because of the rise in work-from-home flexibility.

Marketing 253

Marketing 253

Inman

JANUARY 13, 2023

National Association of Realtors' membership edged ever closer to 1.6 million in 2022, but the real estate trade group expects a drop this year, according to data provided to Inman.

MLS 167

MLS 167

Sotheby's International Real Estate

JANUARY 9, 2023

From a mountaintop home in Bachelor Gulch, Colorado, to an elegant apartment in Dubai, United Arab Emirates, these are this month’s four featured notable properties for sale over $10 million. Dubai, United Arab Emirates. Honey Deylami | LUXHABITAT Sotheby’s International Realty. The home is expertly designed and is positioned in one of the city’s most revered mixed-use developments with five-star hospitality, cutting-edge commercial, retail and leisure venues. and world-class ameniti

Sales 135

Sales Commercial Development Design 135

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Housing Wire

JANUARY 8, 2023

The Federal Reserve ‘s signals indicating further rate hikes for 2023 appear to have scared buyers away from the market in December. Last month tallied the fewest purchase lock counts in a single month since early 2014 as interest rates and affordability pressures challenged the market. . Mortgage origination activity dropped 19.4% from November to December, marking nine consecutive months of declines.

Fixed-rate mortgage 508

Fixed-rate mortgage Mortgages Banks Marketing 508

Better Dwelling

JANUARY 10, 2023

Canadian mortgage borrowers are getting squeezed by higher rates—that’s the narrative. Credit bureau data tends to disagree, implying surging home prices did most of the damage. Equifax data shows the average monthly mortgage payment surged higher in Q3 2022. Expected with higher interest rates, except new mortgages are rising much faster. The trend also began […].

Mortgages 134

Mortgages Banks 134

Inman

JANUARY 13, 2023

As part of the deal, the real estate franchisor also agreed to create a task force to 'enhance compliance' with the Telephone Consumer Protection Act.

Brokerage 167

Brokerage Agents 167