Housing Wire
DECEMBER 29, 2022
As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. There are similarities and significant differences between the housing recession we’ve seen this year versus 2008, and looking at specific factors in both timeframes gives us an idea of what to expect in 2023.
Eye on Housing
DECEMBER 27, 2022
With the end of 2022 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In May, Na Zhao reported on concerning the size of the second home housing stock. According to NAHB estimates, the total count of second homes was 7.15 million in 2020, accounting for 5.11% of the total.
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Realty Biz
DECEMBER 26, 2022
With inventory shrinking by almost 27% and homes selling almost 11 days faster than before, it's apparent that the housing market is incredibly competitive right now. Smart realtors need to do everything they can to stand out from the crowd when it comes to finding new clients and listings. Although you might have found billboards or benches with realtors' faces on them in the past, today everything happens online.
App Folio
DECEMBER 29, 2022
The property management industry is a service industry, and its success is very much dependent on offering their residents a.
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Maximum Exposure Real Estate
DECEMBER 26, 2022
What to Know About Property Lien Searches Do you want to do a property lien search? Are you interested in how to find out if there is a lien on a home? Knowing how to check for liens on a property is essential. If you want to buy a new property, you need to be […]. The post How to Search For Liens on a Property: Lien Searches Explained appeared first on Maximum Real Estate Exposure.
Real Trends
DECEMBER 27, 2022
OK, friends. Here we are, the end of December 2022, how are you doing? I hope that you’re taking some time to relax and reset, and maybe even enjoying a longer-than-normal break from “real Estating” because of the way that the holidays are falling this year (two weekends off!). But, as you’re cleaning up the wrapping paper and ribbons, reaching the end of the holiday movie queue on Netflix, and coming out of your eggnog-induced sleep, now is the perfect time to tackle a f
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Lab Coat Agents
DECEMBER 27, 2022
No one knows what the market will hold in 2023. You can’t control the market but you can control what you do about it. Whether you’ve been in the business for a while or just getting started in the industry, there are six simple tips you can use to help you stay ahead of the competition and make the most of the ever-changing real estate market.
Mandrona Group
DECEMBER 28, 2022
When we were still kids, chances are we sketched our dream home as a square building with a rectangular door, Read More.
Housing Wire
DECEMBER 27, 2022
Marty Green thinks of the housing market in 2022 as two very different movies. The first half of the year, with mortgage rates in the 3s and 4s, was like “Fast and Furious.” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) over asking price. High octane stuff.
Keeping Current Matters
DECEMBER 28, 2022
While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close.
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Better Dwelling
DECEMBER 29, 2022
Canadian real estate markets went from boom to crash in less than a year. Canadian Real Estate Association (CREA) data shows every major composite index was down from its peak in November. Over a dozen of Canada’s real estate markets have even “crashed” as a sharp mix of reality and higher interest rates sink in. […]. The post Canadian Real Estate Prices Have Officially Crashed In 18 Markets appeared first on Better Dwelling.
Sotheby's International Real Estate
DECEMBER 26, 2022
Arthur Goodrich – Sotheby’s International Realty – St. Helena Brokerage. In the heart of the Calistoga Hills, set amid verdant vineyards yielding some of Napa Valley’s most coveted cabernets, you’ll find a sommelier’s dream home. This 46-acre property previously served as a boutique school for boys, so its grounds play host to all sorts of useful amenities—common rooms and workspaces, studios and a gym, courtyards and sporting greens—that have been thoughtfully remodeled as a resort-
Housing Wire
DECEMBER 28, 2022
This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
Keeping Current Matters
DECEMBER 27, 2022
If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply and more.
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Better Dwelling
DECEMBER 28, 2022
Canadian real estate has never exactly been cheap, but it’s rarely this unaffordable. The Bank of Canada (BoC) Housing Affordability Index (HAI) hit a 32-year high in Q3 2022. That means it’s nearly impossible for an average household to buy a home right across the country. The cost of housing has breached an unsustainable level […]. The post Canadian Housing Affordability Hits Unsustainable Level: BoC Index appeared first on Better Dwelling.
Maximum Exposure Real Estate
DECEMBER 28, 2022
Fourteen Ways to Get Your Mortgage Denied Did you know that a loan can be denied after funding? Unfortunately, you can lose your mortgage approval if you’re not careful. Getting pre-approved for a mortgage is an exciting experience. You now have the go-ahead to shop around and find the perfect home. But with all the […]. The post How Can a Loan Be Denied After Funding: See 14 Ways!
Housing Wire
DECEMBER 27, 2022
FHA Commissioner Julia Gordon. The fate of Federal Housing Administration (FHA)-backed mortgages in the ongoing downcycle housing market is being compared with a canary in the coal mine by several industry experts who track the sector and are seeing early warning signs of distress. In recent months, the canary has been chirping with far less exuberance as inflation (now above 7% annualized ), rising mortg a ge rates , declining home values and the potential of faster-rising unemployment spur
Keeping Current Matters
DECEMBER 29, 2022
With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today.
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.
Better Dwelling
DECEMBER 27, 2022
Canada’s real estate downturn will continue next year, warns a credit rating giant. Fitch Ratings released its 2023 forecast calling even lower home prices next year. After 3-decades of strong price growth without correction, affordability has never been worse. When combined with high rates, weak demand is expected in the near-term as home prices adjust. […].
Realty Biz
DECEMBER 28, 2022
Research says mobile phone users close websites that take longer than 3 seconds to load. This is a strong case for all companies to develop web apps that are quick and efficient. For brokers and agents, having an IDX website is essential. It helps to provide accurate property searches and listings to their clients. But having an IDX website by itself isn't enough - you need web apps that can help enhance and optimize your IDX website's performance.
Housing Wire
DECEMBER 30, 2022
“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank b
Keeping Current Matters
DECEMBER 26, 2022
Are you prepping to buy your first home?
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.
Realtor.com
DECEMBER 30, 2022
Realtor.com If you missed out on the first two missile silos that recently came on the market in Nebraska, you’re in luck. There’s now a third missile silo up for sale in the state. And someone interested in Cold War history should nab it. Listing agents Polly and Mike Figeuroa , both with BancWise Realty, have found an unlikely niche in Atlas-F missile silo sales.
Realty Biz
DECEMBER 28, 2022
If you're a real estate professional, you know how important it is to maintain an attractive real estate website. A good real estate blog, for example, helps establish you as a trusted authority and provides support for your marketing efforts in attracting new clients. In the end, the better content you have available on your website, the better chances you'll have of seeing your real estate business grow.
Housing Wire
DECEMBER 26, 2022
It is not surprising that the mortgage industry can be one of the more challenging industries to work in. With constantly changing trends, increased rates and an affordability crisis currently facing many homeowners, it’s understandable that we might ask ourselves, “When will things get better?” . In order to maintain and even prosper during these tough times, it is important to follow some tips outlined in this article.
Maximum Exposure Real Estate
DECEMBER 25, 2022
Why is Dual Agency Illegal in Some States? Did you know that dual agency is illegal in some states? There is one perfect reason why dual agency has been made illegal in some places – it sucks for consumers! Do you want your Realtor to represent your best interests? How about getting the lowest price […]. The post Why Dual Agency is Illegal in Some States appeared first on Maximum Real Estate Exposure.
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Sotheby's International Real Estate
DECEMBER 24, 2022
Each of these four eye-catching fireplaces—one an ornate mantel carved from stone, another a sleek contemporary piece clad in dazzling black tile—contribute warmth and style to their singular settings. Classic, Comfortable Manhattan Haven. Diana Devendorf Rice | Sotheby’s International Realty – East Side Manhattan Brokerage. Overlooking the East River and the terraces of the iconic River House, this renovated Art Deco cooperative residence is a classically elegant aerie on one of Manhattan
Realty Biz
DECEMBER 29, 2022
Bias in real estate appraisals is an unfortunate reality that many marginalized communities and people of color continue to deal with to this day. Despite being outlawed, the lingering effects of property prices being linked to race have resulted in a seemingly unconscious bias in the minds of appraisers, having long-term implications on the financial well-being of working-class families.
Housing Wire
DECEMBER 30, 2022
This week’s HW+ member spotlight features Chris Mozilo, divisional vice president, West Division at Newrez Wholesale. Below, Mozilo answers questions about the housing industry: HW Media: What is your current, favorite HW+ article and why? Chris Mozilo: I enjoy anything written by Logan Mohtashami. His use of clear explanations combined with charts makes this crazy market comfortably understandable.
Maximum Exposure Real Estate
DECEMBER 25, 2022
Purchasing a Home Post Divorce Buying a house alone after a divorce can be frightening. If you have recently gone through a divorce and are considering buying a home, there are some things that you need to consider before you start scanning real estate listings. Divorce is emotionally and financially challenging and can leave you […]. The post Buying a House After a Divorce is Finalized appeared first on Maximum Real Estate Exposure.
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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