Sat.Oct 22, 2022 - Fri.Oct 28, 2022

FHFA to replace Classic FICO with more inclusive credit model 

Housing Wire

The Federal Housing Finance Agency (FHFA) on Monday announced that it is replacing the Classic FICO credit model, which Fannie Mae and Freddie Mac have relied on for nearly 20 years, for the FICO 10T and VantageScore 4.0.

Pre-Approval Is a Critical First Step on Your Homebuying Journey

Keeping Current Matters

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. First Time Home Buyers For Buyers Move-Up Buyers

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5 Cyber Security Tips for Real Estate Agents

Realty Biz

The US real estate market is worth an estimated $226.8 billion in 2022 , making it a prime target for cybercriminals looking to make a quick buck by hacking into databases and stealing information on properties that are up for sale or rent.

More Buyers Taking a Look at New Construction

Eyes on Housing

After bottoming out at 19% in the first quarter of 2022, the popularity of new homes continues to rebound, as the share of buyers looking for new construction rose to 21% and 27% in the second and third quarters of the year, respectively.

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.

What It Costs to Remodel a Kitchen: Here’s the Typical Price Tag

HomeLight

A stunning, well-appointed kitchen makes cooking and entertaining a breeze. Plus, upgrading the heart of the home attracts buyers and helps raise home value. But before you can host your next dinner party in your dream kitchen, you’ll have to drum up the cash for upgrades.

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More Trending

17 FUN Real Estate Door Hanger Ideas to Inspire You

The Close

Real estate door hangers are an amazing way to reach your target market with little expense. And they typically have a huge return on investment. There are so many great real estate door hanger ideas out there you can use to reach prospects and stay top of mind in your market.

Most Brokerages Have Zero Counter-Cyclical Hedge

Notorious ROB

This will be a quick one. Just had lunch with a friend and client who has been a broker for decades. We got to talking about what we both think is headed our way in the next several quarters.

Prospect of Higher Rates Leads Some to Consider Buying a Home

Eyes on Housing

The share of adults planning a home purchase within a year rose to 15% in the third quarter of 2022, up from 13% in the first half of the year. The marginal increase suggests that the prospect of higher mortgage rates in the near term may be leading a small segment of consumers to consider the purchase of a home. Read More › Economics Housing Trends housing economics housing trends report

It’s time to double down on marketing and technology

Real Trends

“Autumn shows us how beautiful it is to let things go.” ” As we dive deep into the fourth and final quarter of yet another strange and unpredictable real estate year, this is a great time to pause and reflect. Then, buckle up, and finish strong with a solid pipeline going into 2023!

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.

The case for mortgage rates to fall in 2023

Housing Wire

On Thursday, the gross domestic product data for the third quarter showed the U.S. economy grew at a rate of 2.6%, breaking the negative GDP streak we had in the past two quarters.

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

Keeping Current Matters

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. For Buyers For Sellers Foreclosures Housing Market Updates Pricing Content Hub

All-Cash New Home Sales Outnumber FHA-Backed for the First Time Since 2007

Eyes on Housing

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that new home sales financed through FHA numbered 11,000 and accounted for 7.5% of the total in Q3 2022–the smallest share since the fourth quarter of 2007.

Sales 143

Over List, September

BubbleInfo

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC Average and Median Prices by Month Month # of Sales Avg. LP Avg.

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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!

Pending home sales are down 31% from last year

Housing Wire

Pending home sales continued their downward spiral in September, recording a 10.2% month-over-month decline that resulted in an index reading of 79.5, according to data released Friday by the National Association of Realtors. This is the fourth consecutive month of declines.

Sales 417

Millennials Are Still a Driving Force of Today’s Buyer Demand

Keeping Current Matters

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. Demographics For Sellers Housing Market Updates Millennials

Buyers’ Expectations of Housing Availability Continue to Improve

Eyes on Housing

For the second straight quarter, more prospective buyers expect housing availability to improve. In the third quarter of 2022, 37% of buyers expect the home search to get easier in the months ahead, up from 17% and 22% in the first and second quarters of the year, respectively.

What to Know About A Shared Driveway

Maximum Exposure Real Estate

The Ultimate Guide to Shared Driveways If during your home shopping, you come across a property with a shared driveway, there is a good chance you will have some questions before you decide to purchase. The automatic question from most buyers is, “how do shared driveways work”?

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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!

Where’s the bottom for new home sales?

Housing Wire

September new home sales beat expectations, but don’t get too excited. While monthly supply rose in this report, the previous reports were all revised lower and sale levels are still historically low.

Sales 390

What Happens to Housing when There’s a Recession?

Keeping Current Matters

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. For Buyers For Sellers Housing Market Updates Interest Rates Content Hub

Economic Growth and Signs of Cooling Inflation in Third Quarter

Eyes on Housing

Real GDP grew in the third quarter, after shrinking for the first two straight quarters of 2022. This quarter’s growth was mostly fueled by a decline in the trade deficit. More important, the data from the GDP report suggests that inflation is cooling. The GDP price index, rose 4.1%

11 Real Estate Memes You Need to See If You’re Addicted to HGTV

Lighter Side of Real Estate

Home and Garden Television, better known as HGTV, is a great way to get your real estate fix without leaving the comfort of your own home. You can vicariously sell a house, buy a house, flip another, and go look for a vacation home in the matter of a couple of hours.

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!

Sluggish Flagstar, NYCB merger deal clears major hurdle

Housing Wire

More than 18 months after the planned merger was announced, Flagstar Bank and New York Community Bank on Friday received approval by the Office of the Comptroller of the Currency. The depository banks, which first announced plans 19 months ago, extended their agreement to merge from Oct. 31 to Dec.

How Real Estate Technology Will Dominate the Housing Market

Realty Biz

If you're looking for a new business or investment vehicle, real estate is one that is foundational to wealth-building. New home constructions have a combined value of more than $514 billion.

Inflation Brings Savings Rate Down In September

Eyes on Housing

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.4% in September, the eighth consecutive monthly increase of this year. Gains in personal income are largely driven by increases in compensation of employees and personal income on assets.

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Pending home sales plummet 10% monthly, 31% annually

The American Genius for Real Estate

Home sales are sliding after an overheated 2021, will this trend continue? Real Estate Big Data home sales pending home sales Real Estate News

Sales 87

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!