Sat.Oct 15, 2022 - Fri.Oct 21, 2022

What is the Impact of Artificial Intelligence on the Real Estate Industry

Realty Biz

The real estate industry is one of the many industries being disrupted by artificial intelligence (AI). From chatbots to predictive analytics, AI is changing the way real estate agents do business.

Housing completions key to lower mortgage rates

Housing Wire

In June of this year, I raised the fifth recession red flag , putting the housing market in a traditional recession where sales, incomes, jobs, and production would be falling, which is happening now.

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The Latest on Supply and Demand in Housing

Keeping Current Matters

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. First Time Home Buyers For Buyers For Sellers Housing Market Updates Move-Up Buyers Content Hub

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2021 Is An Outlier

BubbleInfo

Thanks to Mike for pointing out that comparing 2022 data to last year isn’t really fair: The pandemic years, especially 2021, were a strange aberration where everyone moved, house prices skyrocketed, and nearly every real estate business posted record revenues.

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 this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

8 Memes You Need to See Before Asking Your Real Estate Agent to Lower Their Commission

Lighter Side of Real Estate

By law, real estate commissions are negotiable. So you certainly have the right to ask a real estate agent if they’re willing to agree to a lower fee than they’re asking you to pay. Just know that some agents may be willing to accept a lower commission, while others won’t budge.

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What Must Be Disclosed When Selling a House in California?

HomeLight

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of what to include on a home seller disclosure form in California, HomeLight always encourages you to reach out to your own advisor.

What Is a Short Sale? The Benefits for Buyers and Sellers

Realtor.com

Gary Alvis/iStock; Andy Dean Photography/iStock Say you’re selling your home; however, the offer you get is so low, it won’t cover the total amount you owe your lender on your mortgage balance. But you need to unload it, so you’ll take it.

5 Passive Real Estate Investing Tips to Help You Make Money

Norada Real Estate

What is Passive Real Estate Investing? Passive real estate investing is a way to invest in real estate to augment income considerably well without having to necessarily stress out one’s self. You are not actively involved in generating profits or income from real estate; you are a passive investor.

Starter Homes & Where to Find Them: The Once-Ubiquitous Entry-Level House Is Becoming the Stuff of Myths

Point2Homes

Based on the latest renter income figures, starter home prices and mortgage rates, in October, renters in Los Angeles and New York only earned 30% and 34% , respectively, of the income they would need to buy a starter home. In 13 more of the 50 largest U.S.

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

Freddie Mac to include bank account data as part of underwriting

Housing Wire

Freddie Mac today announced it will include a review of borrowers’ bank account data to identify a history of positive monthly cash-flow activity as part of its loan purchase eligibility assessments, according to a release shared with HousingWire.

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Should You Still Buy a Home with the Latest News About Inflation?

Keeping Current Matters

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. First Time Home Buyers For Buyers Housing Market Updates Move-Up Buyers Rent vs. Buy Content Hub

Single-Family Production Continues to Weaken in September

Eyes on Housing

Single-family housing starts declined further in September as high mortgage rates, ongoing building material production disruptions and flagging demand stemming from rising affordability challenges continue to put a damper on new home production. Overall housing starts decreased 8.1%

Checklist of What's Covered at a Home Inspection

Realty Biz

Buying or selling a home isn't easy, with potential problems before you close. The home inspection is part of the process that can lead to problems, but what does a home inspector do? The home inspection is the buyer's opportunity to get a professional opinion on the home's condition.

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

Housing starts slide, but there are reasons for optimism

Housing Wire

As mortgage rates rose to nearly 7% and builder sentiment dipped to painfully low levels in September, housing starts also declined, dropping 8.1% from August , to a seasonally adjusted annual rate of 1.564 million, according to a report released Wednesday by U.S. Census Bureau and the U.S.

The Emotional and Non-financial Benefits of Homeownership

Keeping Current Matters

With higher mortgage rates, you might be wondering if now's the best time to buy a home. First Time Home Buyers For Buyers Move-Up Buyers Rent vs. Buy

Builder Confidence Down 10 Straight Months as Market Continues to Weaken

Eyes on Housing

In a further signal that rising interest rates, building material bottlenecks and elevated home prices continue to weaken the housing market, builder sentiment fell for the 10th straight month in October and traffic of prospective buyers fell to its lowest level since 2012, with the exception of two months during the Spring of 2020.

8 to-dos for real estate agents to thrive in 2023

Real Trends

Most agents are not prepared for the upcoming market cycle, that’s because more than half of all active real estate agents have never worked in a market when prices were decreasing.

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

Debt purchasers set to benefit from consumer delinquencies: Fitch

Housing Wire

debt purchasers are positioned to benefit from rising delinquencies due to improvement in portfolio supply from an increase in non-performing loan (NPL) sales, according to a recent report from Fitch Ratings.

What’s Ahead for Home Prices?

Keeping Current Matters

As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. For Buyers For Sellers Housing Market Updates Pricing Content Hub

Single-Family Permits Decline in August 2022

Eyes on Housing

Over the first eight months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 728,866. On a year-over-year (YoY) basis, this is 6.0% below the August 2021 level of 775,772. Year-to-date ending in August, single-family permits declined in all four regions.

Preventing Title Theft

BubbleInfo

Those who don’t have a mortgage are particularly susceptible to fraudulent acts. Check out this free service being offered by the county to alert you! Hat tip just some guy! Is title lock insurance a good investment? Such insurance usually costs from $12 to $20 a month.

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The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

These housing markets are most likely to correct based on foreclosure buyer behavior

Housing Wire

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months.

Decluttering and Downsizing: A Guide for Seniors and Their Loved Ones

Redfin

Throughout our lifetime, it’s easy to accumulate belongings that we may no longer use. Whether it’s a gift you didn’t want in the first place, an expensive kitchen appliance you haven’t used in years, or a wardrobe that no longer suits you, it can be hard to part ways without feeling guilty.

Spec Square Foot Prices Skyrocket in 2021

Eyes on Housing

Median square foot prices (excluding record-high improved lot values) for new for-sale single-family detached (SFD) homes started in 2021 increased 19%, according to NAHB’s analysis of the latest Survey of Construction data.

8 reasons we won’t have housing inventory armageddon any time soon

Real Trends

Are we on the all-new crazy train, destined to crash off the cliff in a pile of short sales and foreclosures? Are distressed sales headed to your market? Is the bubble bursting? Do you feel confused and stressed yet? Us too.

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!