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

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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. Here's a look at how AI is impacting the real estate industry and what agents need to do to stay ahead of the curve. What is AI? Artificial intelligence sounds futuristic, no doubt influenced by popular culture.

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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. And unfortunately, one of those productions items is housing completions data — which looks terrible in the latest report. As someone concerned about the housing inflation story since inventory channels broke to all-time lows in 2020, I am frustrated by this housing completion data.

Mortgages 531
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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.

Sales 312
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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. Why it matters: 2022 is constantly being compared to 2021, which was anything but normal, […].

Marketing 105
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Welcome to the Future of Hospitality: Smart Rooms Start Here

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

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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. But before you dismiss an agent who doesn’t budge, and sign on the dotted line with one who does, there are a few things you might not be aware of that you should consider.

Agents 116

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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. California has complex disclosure requirements for home sellers.

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5 Passive Real Estate Investing Tips to Help You Make Money

Marco Santarelli

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. Passive real estate investing is when you hire or contract a real estate company to help you in finding and manage investment properties for you.

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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. The organization says this move is intended to increase homeownership opportunities, and will be available to mortgage lenders through its automated underwriting system Loan Product Advisor (LPA), beginning on Nov. 6.

Banks 458
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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.

Mortgages 310
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The 2025 Real Estate Roadmap to Success

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.

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Luxury Real Estate Headlines: Third Week in October 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Petosky, Michigan | Harbor Sotheby’s International Realty. The superlatively priced Walloon Lake home has a golf simulator, a full-size bar and a boathouse. Lavish Lake House Selling for $18 Million, Tying for Michigan’s Most Expensive Listing – Mansion Global.

Design 134
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Single-Family Production Continues to Weaken in September

Eye 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% to a seasonally adjusted annual rate of 1.44 million units in September, according to a report from the U.S.

Mortgages 133
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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. Department of Housing and Urban Development. On a year over year basis, September’s annual housing start rate was down 7.7%.

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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%.

Marketing 309
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Designing with Domotics | Innovations in Smart Home Technology

Sotheby's International Real Estate

Visionaries have always understood the need to reserve mental space for the tasks that will have the greatest impact. This concept of “decision fatigue” is why innovators in the tech space often wear the same thing every day. Domotics, otherwise known as smart home technology, can introduce subtly incorporated technological touches to provide an unparalleled elegance and minimalism to a home, taking care of small tasks and decisions in a way that enables great thinkers to optimize their schedule

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Builder Confidence Down 10 Straight Months as Market Continues to Weaken

Eye 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. Builder confidence in the market for.

Marketing 133
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Debt purchasers set to benefit from consumer delinquencies: Fitch

Housing Wire

U.S. 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. This increase in delinquencies is attributed as a byproduct of mounting recessionary pressures, with higher interest rates and inflation raising the risk of portfolio write-downs, which the firm says reinforces the importance of strong capitalization, pricing discipline and cost effici

Staging 441
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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.

Mortgages 301
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Inside an Enduring Oceanside Home in East Hampton

Sotheby's International Real Estate

Literature classes have familiarized readers worldwide with the aesthetics and mystique of The Great Gatsby, F. Scott Fitzgerald’s tale of 1920s life among the young jet set of Long Island’s Gold Coast. In many ways, the modern-day Hamptons represent what that character’s stomping grounds represented in its time—ease, prestige, luxury, enduring style, and proximity to the hypnotic, diverting waters of the sea.

Brokerage 130
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Single-Family Permits Decline in August 2022

Eye 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. The South posted a modest decline of 3.9%, while the Midwest region reported the steepest.

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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. Foreclosure auction buyers started bidding more conservatively in the second quarter of 2022, as measured by proprietary data from the Auction.com marketplace.

Marketing 432
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3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next home? Connect with a trusted real estate professional so you can get answers to these questions and learn about the opportunities you still have in today’s housing market.

Sales 250
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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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Reaching New Heights: 5 Homes with Vaulted Ceilings

Sotheby's International Real Estate

From an Easthampton estate with an enviable artistic pedigree to hideaway above Ojai, these homes feature lofty vaulted ceilings that conjure volume, light, and drama. Hillside Haven in Napa. Hillary Ryan | Sotheby’s International Realty – St. Helena Brokerage. In a secluded picturesque location, this 11.5-acre estate comprises a four-bedroom home, a two-bedroom guesthouse, two swimming pools, a new sports court, multiple outdoor entertaining areas, and its own vineyard.

Brokerage 129
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Spreading Rentals Far and Wide While Keeping Leads All in One Place

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: TurboTenant]. The ever-evolving rental world can be daunting for the DIY landlord. From marketing properties online to automating rental payments to screening tenants and more, TurboTenant centralizes tools to simplify finding and retaining tenants for independent landlords, real estate investors, and property managers.

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How lenders can leverage credit to help make homeownership more affordable

Housing Wire

With interest rates now at 14-year highs, the cost of homeownership is becoming an issue for most prospective home buyers. HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about how mortgage lenders can leverage credit to help make homeownership more affordable. HousingWire: With interest rates at 14-year highs, what kind of pressure does that put-on housing affordability?

Loans 432
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How Much Does a Home Inspection Cost?

Maximum Exposure Real Estate

The Cost For a Home Inspector Do you know the cost of a home inspection and whether it is worth it? Even though no one wants to spend more fees than they need to, saving money by not having your new home inspected isn’t recommended. The home inspection report will reveal the property’s condition and […]. The post How Much Does a Home Inspection Cost?

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Boxer Sugar Ray Leonard’s house is back on the market asking $45M

Fancy Pants Homes

World-champion boxer Sugar Ray Leonard is once again floating his spectacular Pacific Palisades compound on the market, this time asking $45 million for the 1.7-acre property. The former professional boxer, who had a legendary 20-year career during which he won world titles in five weight classes, made history as the first in his sport to earn more than $100 million in prize money.

Marketing 124
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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. If you are unsure about what does a home inspection cover, we take a look so that you are better informed.

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Nations Direct Mortgage appoints new national sales director

Housing Wire

Nations Direct Mortgage, a residential lender in both the retail and wholesale channels, on Wednesday announced appointing Jack O’Brien as its senior vice president and national sales director. Prior to joining Nations Direct, O’Brien held leadership positions at LoanDepot , was Northeast regional sales manager at Fifth Third Bank; principal at J.H.

Sales 429