Housing Wire
JULY 26, 2022
Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. What I have always tried to do with my economic work is to connect the dots or show a pathway to why something could happen.
Realty Biz
JULY 26, 2022
Research shows that the U.S. housing markets are cooling, with more than 25% of sellers slashing their prices this year. Rising interest rates are the main driver behind this downturn. Despite this, some housing markets remain as hot as ever, with home buyers clamoring for real estate in these growing cities. California has vanished from most lists of places to invest in real estate, while the easterly sunbelt states continue to draw the crowds.
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Keeping Current Matters
JULY 28, 2022
If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture.
Brownstoner
JULY 25, 2022
It would be hard to imagine growing up without a public library. No matter if you are in a large city or a small town, the public library has always been a place to discover new worlds. Within the library walls can be found the world we know as well… Read More > The post A Library for All: The Story of Brooklyn’s Central Library, Decades in the Making appeared first on Brownstoner.
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Housing Wire
JULY 28, 2022
The U.S. House of Representatives passed a bill late Wednesday creating federal minimum standards, which would allow notaries nationwide to perform remote online notarizations. The legislation passed the House with a vote of 336-90. A key to advancing the universal adoption of fully electronic mortgages is the creation of remote online notarization (RON) standards across all 50 states.
GeekEstate
JULY 24, 2022
In this week’s founder interview, we’re bringing you Michael Lucarelli from RentSpree. Without further ado…. Who are you and what do you do? I am the CEO and Co-Founder of RentSpree. My goal is to deliver technology to the underserved long-tail landlord segment of the residential rental market. Though most technology has been geared toward institutional property management companies, around 50% of all rental units are owned by individual investors or ’mom & pop’ landlords.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
HomeLight
JULY 29, 2022
Outdoor spaces, such as patios, have become increasingly attractive to buyers, thanks in part to the rise of more flexible and remote work. In fact, in a Fall 2021 HomeLight survey , agents reported that outdoor space was the third-most-prioritized feature for homebuyers. Moreover, in HomeLight’s Top Agents Insights Report in late 2020 , only 2% of agents interviewed said that patios would see fleeting popularity, showing that in most cases, the answer to the question “Does a patio increase home
Housing Wire
JULY 29, 2022
Fast-rising home prices and interest rates coupled with a slipping economy helped to cool the nation’s housing market in June leading to a nearly 2% increase in the number of homes on the market. That marks the first month since July 2019 (pre-pandemic) that housing inventory increased year over year. The home-inventory bump dovetails with other data indicating the nation’s housing market lost some steam this past month, according to a June housing-market report from Seattle-based Redfin.
The American Genius for Real Estate
JULY 24, 2022
A Harvard study shows that 98% of conversations leave at least one person dissatisfied - here's how you can improve your conversation skills. The post How to know when to stop or start a conversation, according to Harvard appeared first on The American Genius Real Estate.
Keeping Current Matters
JULY 26, 2022
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market.
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.
Realty Biz
JULY 25, 2022
When you are buying a home there are three types of properties that need more research and due diligence. These kinds of properties include condemned houses, hoarder homes, and short sales. It is easy to make mistakes when you don’t do your homework. Home buying mistakes could cost you ten’s of thousands of dollars and possibly more. Buying a property is a big investment.
Housing Wire
JULY 27, 2022
The Federal Reserve hiked rates 0.75% on Wednesday, which was mostly expected by market participants before the announcement. The question is, will the Fed keep aggressively hiking rates if the economic data worsens? I say this because I’ve raised all but one of my six recession red flags. I need to wait for one more report to officially raise the last flag, but it is certain to happen in August.
HomeLight
JULY 27, 2022
You’ve decluttered , reorganized, and maybe even rearranged some furniture, but there’s no getting around the fact that you’ve outgrown your single-story home. Maybe your family has expanded, or perhaps you’re now working permanently from home. Whatever the situation, you need more space — and you’d rather not go through the hassle or sacrifice of selling a house you otherwise love.
Keeping Current Matters
JULY 25, 2022
If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year.
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.
GeekEstate
JULY 25, 2022
Calling all?startups?and?scale-ups?reimagining the?built world: Colliers is partnering with?CREtech to host this year’s Real Estate Tech Awards, an opportunity for innovative companies that are advancing technology across the CRE industry to be recognized. Get your applications in now and meet us on the global innovation stage October 12 – 13 at?
Housing Wire
JULY 29, 2022
A few months ago, the United States housing market failed Econ 101. Table 1, below, reports the 10 hottest U.S. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.
Brownstoner
JULY 28, 2022
The Bed Stuy chapter of the historic secret aid society run by Black women, United Order of Tents, has pulled back the curtain to ask the community for help restoring its magnificent but dilapidated headquarters at 87 MacDonough Street. In a GoFundMe that kicked off July 21, United Order of Tents… Read More > The post Bed Stuy’s Secret Tents Society Launches Fundraiser to Restore Its Grand But Crumbling HQ appeared first on Brownstoner.
Realty Biz
JULY 25, 2022
As a real estate agent, it’s essential to build your social media brand. However, getting started can be a daunting task. Many agents want to grow an online following overnight, but quickly become discouraged. Instead, find out how you can increase your leads and revenue by taking measured steps and setting attainable goals. Choose the Right Platform For Your Real Estate Niche.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Eye on Housing
JULY 25, 2022
The share of adults planning a home purchase within a year stood at 13% in the second quarter of 2022, unchanged from the previous quarter, but lower than a year earlier (17%). The leveled reading suggests that, after shrinking for the past three quarters, the pool of potential home buyers may have stabilized. Part of the reason housing demand has.
Housing Wire
JULY 27, 2022
The Department of Justice and the Consumer Financial Protection Bureau are taking the fight to non-bank mortgage lenders for redlining. The two agencies revealed their new strategy to rein in mortgage discrimination on Wednesday, with a $24.4 million consent order, stemming from a referral the CFPB made in November 2020. It’s the DOJ’s second- largest mortgage redlining settlement ever, and its first against a non-bank mortgage lender.
GeekEstate
JULY 27, 2022
Equity crowdfunding is one of the capital options that startup founders consider. Make sure you understand the topic. Motivo Media recently put out a documentary with experts breaking down equity crowdfunding and debating how regulators can most effectively foster innovation while preserving investor safety in the space. I thought some of the audience here might be interested… Director – Tim Hedberg.
HomeLight
JULY 25, 2022
If you’re still using window units or fans to keep your home comfortable, you might feel left out in the cold. While at least 90% of homes nationwide use some type of air-conditioning , government statistics show that 66% o f them use central air. Researchers predict this market will grow more than 5% by 2026 , thanks to higher temperatures and humidity worldwide and the changing view of AC as a utility rather than a luxury.
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.
The American Genius for Real Estate
JULY 29, 2022
As trends shift, most people fail to see the new opportunities in each one - Dr. Lautz identifies ways Realtors can win business today. The post Dr. Lautz identifies four opportunities for Realtors in 2022 appeared first on The American Genius Real Estate.
Housing Wire
JULY 27, 2022
The Federal Reserve (Fed) on Wednesday raised the federal funds rate by another 75 basis points, to 2.25%-2.50%, delivering what was expected by most investors and economists in recent weeks. Designed to control persistent inflation, the decision could increase the cost of mortgage borrowing and further slow home sales, as the housing sector is particularly interest-rate sensitive. . “Recent indicators of spending and production have softened.
GeekEstate
JULY 27, 2022
[Editor’s Note: Geek Estate Offers are special offers for members of the GEM ]. 360 Meet and The Lab are ready for public use and View Labs is giving Geek Estate Blog readers access with a free demo account. 360 Meet offers a seamless teleconferencing experience by preventing latency and quality degradation when streaming videos. Within The Lab, you can upload a variety of content types into your library, share such items during your conference calls, and allow for collaboration from meeting me
HomeLight
JULY 29, 2022
Timing is critical in all things, but it can be especially challenging when it comes to real estate. Deciding whether to sell your home before buying a new one is a difficult decision. It could land you in temporary housing if you haven’t found a house to buy. That means two moves, which is nobody’s idea of a good time. Or, you could wind up paying two mortgages for a while if you go ahead and buy that dream house before you’ve sold yours.
Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School
As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.
Realty Biz
JULY 27, 2022
Investors are constantly flooded with advice about how to invest in real estate. The vast amount of that advice is about what you should be doing. Very little is about what not to do. A good businessperson understands both the good and the bad about their business. New investors need to understand both the upside and the potential downside of their real estate investing opportunities.
Housing Wire
JULY 25, 2022
Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Several leading housing-market economists also are projecting the deceleration in home prices will continue in near the future as homebuyer demand ebbs — with one economist even predicting that prices will decline in some particularly hot markets
The American Genius for Real Estate
JULY 25, 2022
NAR's Spire membership program was birthed out of efforts to diversify the real estate field and a commitment to mentorship. The post How agents transition successfully from residential to commercial real estate appeared first on The American Genius Real Estate.
Real Trends
JULY 25, 2022
Nick Ralston, Engel & Völkers Frisco, Texas. Dallas Cowboys fullback Nick Ralston finishes his workout in the Cowboys’ weight room, showers and dresses in the locker room. He walks three minutes to The Formation, a professional workspace in The Star, the Cowboys’ world headquarters. He sits at a desk in the Engel & Völkers Frisco office in The Formation, tending to his other role: real estate agent.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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