Sat.Jul 23, 2022 - Fri.Jul 29, 2022

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New home sales make it clear: Housing is in a recession

Housing Wire

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.

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What Are the Top Housing Markets to Live In 2022

Realty Biz

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.

Marketing 109
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A Real Estate Professional Helps You Separate Fact from Fiction

Keeping Current Matters

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.

Marketing 229
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A Library for All: The Story of Brooklyn’s Central Library, Decades in the Making

Brownstoner

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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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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U.S. House passes remote online notarization bill

Housing Wire

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.

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Meet The Real Estate Tech Entrepreneur: Michael Lucarelli from RentSpree

GeekEstate

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.

More Trending

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How to know when to stop or start a conversation, according to Harvard

The American Genius for Real Estate

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.

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Housing inventory nationwide rises for the first time in years

Housing Wire

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.

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Real Estate Tech Awards – Applications Due August 1st

GeekEstate

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?

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What’s Causing Ongoing Home Price Appreciation?

Keeping Current Matters

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.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Bed Stuy’s Secret Tents Society Launches Fundraiser to Restore Its Grand But Crumbling HQ

Brownstoner

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.

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The Fed admits the economy is slowing

Housing Wire

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.

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Equity Crowdfunding: Risk, Reward, & Regulation

GeekEstate

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.

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Want To Buy a Home? Now May Be the Time.

Keeping Current Matters

There are more homes for sale today than at any time last year.

Sales 254
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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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Pier Pressure: Five Homes with Boat Docks

Sotheby's International Real Estate

Refreshing water-oriented diversions are minutes away at these homes with private docks, which offer access to ocean coves, harbors, sounds, and bays and the Intracoastal Waterway. Mediterranean Reprieve on Hypoluxo Island. Keith Vanderlaan & Michael Massraf | Sotheby’s International Realty – Palm Beach Brokerage. This majestic Mediterranean residence on Hypoluxo Island features a “grand room” with water views, a club room, a library loft, a fitness room, a chef’s kitchen, a wine

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Opinion: The end of seller speculation in US housing market

Housing Wire

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.

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Free Demo Account Access to the View Labs Platform

GeekEstate

[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

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Housing Demand Flattens as 1st-Time Buyers Retreat

Eye on Housing

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.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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9 Proven Strategies to Find Hidden Listing Inventory in 2022

The Close

In my 27 years as an agent and coach, I have never seen inventory this low. Many agents who work predominantly with buyers grumble that they have too many buyers and not enough listings to show them. Listing agents are not meeting their goals, and some are struggling to make ends meet. Low inventory is a lose-lose for real estate agents and buyers. Imagine if you could tap into a pool of hidden listing inventory that nobody else knows about.

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How insurance offerings can improve the borrower experience

Housing Wire

Over the past few years, lenders have put a microscope to their processes to see where they can improve the borrower journey. But there may be one area they’re still overlooking. HousingWire sat down with Kara Shipulski, vice president of strategic partnerships at Liberty Mutual, and Sean Larney, ??vertical manager of strategic partnerships at Liberty Mutual, to discuss how partnering with a nationally recognized insurance company improve borrower engagement for lenders.

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Mortgage Interest Rates Forecast 2022: How High Will Rates Go?

Marco Santarelli

Forecast: How High Will Mortgage Rates Go in 2022. Mortgage rates have risen since the start of 2022, reflecting investors' concerns that the economy is heating up and that the Fed will cool it down and reign in inflation. U.S. Treasury bond rates, which mortgage rates follow, encountered two tough patches this year: in late February, when Russia invaded Ukraine, and in mid-May when investors worried about poor consumer spending.

Mortgages 111
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How agents transition successfully from residential to commercial real estate

The American Genius for Real Estate

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.

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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 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.

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What Are the Most Effective Ways For Real Estate Agents to Build a Social Media Brand

Realty Biz

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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More than ever, lender profitability requires maintaining pace with innovation

Housing Wire

Lenders continue to face tightening profit margins as interest rates stay substantially higher than they were last year. In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. HousingWire: As businesses of all types begin to rely more heavily on automation, is the mortgage industry doing enough to keep pace?

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What is a Buyer’s Market in Real Estate

Maximum Exposure Real Estate

The Definition of a Buyer’s Market In real estate sales, there are essentially three types of markets. There is a buyer’s market, a seller’s market, and a balanced market. The differences between buyers’ and sellers’ markets are like night and day. Real Estate markets go through cycles. The real estate market never stays the same […].

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Dr. Lautz identifies four opportunities for Realtors in 2022

The American Genius for Real Estate

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.

Marketing 110
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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Dallas Cowboys fullback and Engel & Völkers agent on his real estate game plan

Real Trends

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.

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What is in the way of modernizing title and appraisal?

Housing Wire

“Turn to automation when profit margins are tight.” It’s a message the industry is hearing loud and clear as rates stay high and lenders can no longer depend on a steady flow of refis. In light of this, HousingWire CEO Clayton Collins recently sat down with Paul Doman, CEO at Accurate Group, to discuss mortgage lender profitability, as well as the modernization of title and appraisal processes and where there is opportunity for automation. .

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These celebrity-favorite astrology candles will add a unique personal touch to any space

Fancy Pants Homes

*Please note that this article contains affiliate links and we will get a small commission from any purchase you make by clicking on one of these links. Embracing your ‘Big 3’ has never been so mainstream. And by Big 3, we’re referring to your Sun, Moon, and Rising signs. Lost in the lingo? Now worries woo woo warriors, we got you.

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How Much Does a Realtor Make

Maximum Exposure Real Estate

How much does a Real Estate agent make? It’s a question that gets asked a lot. Not only do potential agents thinking about entering the industry ask it, but consumers as well. There is no secret that real estate is a highly lucrative industry. However, what many people don’t realize it is the upper echelon […]. The post How Much Does a Realtor Make appeared first on Maximum Real Estate Exposure.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.