Housing Wire
DECEMBER 13, 2022
On Tuesday, the Consumer Price Index (CPI) data came in cooler than expected , and the bond market loved it, driving mortgage rates lower. Where do we go from here? Headline inflation is still very elevated historically, but the trend can be our friend over the next 12 months. I say this because the most significant component of Core CPI is shelter inflation.
RRT Submitted Articles
OCTOBER 10, 2022
The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish.
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Housing Wire
DECEMBER 1, 2022
Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. “Smart home technology, whether it be keyless entry locks, smart thermostats or leak sensors, these are all things that, five or six years ago, were still pretty new to the marketplace,” said Andre Sanchez, COO of Rently, a smart home and self-guided touring solutions provider.
Housing Wire
DECEMBER 7, 2022
Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of us, we can say they have stabilized the market. Purchase application data came out on Wednesday and the week-to-week data was down 3%, breaking the streak of four straight weeks of growth.
Advertiser: Trellis
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Sotheby's International Real Estate
DECEMBER 31, 2022
In elegant estates from East Coast to West, these distinctive, expertly appointed bars prove that the best spot for a festive nightcap is often home sweet home. California Contemporary. Robin Walpert | Sotheby’s International Realty – Santa Monica – Venice Brokerage. This new solar-powered five-bedroom contemporary residence was designed for sophisticated entertaining and luxurious environmentally friendly living.
Better Dwelling
DECEMBER 20, 2022
Canadian real estate is in the largest bubble the county has ever experienced. RBC warns that housing affordability has eroded right across the country in November. In a research note to investors, the bank explains it’s now even harder to buy a home than during the 1980s bubble. A correction is now required to stabilize […]. The post Canada’s Real Estate Bubble Is Now The Largest Ever, Correction Needed: RBC appeared first on Better Dwelling.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
GeekEstate
SEPTEMBER 22, 2022
[Editor’s note: Originally published in the GEM as a Weekly Radar entry.]. SYMBiHOM is a company in the Bay area that designs prefabricated garage to ADU conversionprefab kits that take less than 4 weeks to install. Based on the garage dimensions, ADUs can be a studio, 1-bedroom, or 2-bedroom living unit with a full bathroom and kitchen. The solution increases workforce housing, homeowner income, multifamily living and aging in place with income.
Real Trends
SEPTEMBER 6, 2022
Since the onset of the COVID-19 pandemic, homebuilders have shifted from high-density, high-cost areas to lower density and lower cost areas, according to the National Association of Home Builders second quarter 2022 Home Building Geography Index (HBGI) report released Tuesday. The index shows that the market share for single-family home building in large metro core areas and inner suburbs has fallen from 44.5% in the fourth quarter of 2019 to 41.6% in the second quarter of 2022.
Brownstoner
JULY 21, 2022
Well, that was fast. After pausing for a Department of Buildings inspection this morning, workers got the go-ahead to reenter the site and resume demolition at 1 p.m. [link]. By 4 p.m., the excavator was back at work chomping on the brick. Demolition often takes two or three days. Not this… Read More > The post Bed Stuy’s Beloved Dangler Mansion Is Gone (Video) appeared first on Brownstoner.
Lighter Side of Real Estate
JUNE 15, 2022
Most people don’t buy their “forever house” right out of the gate. It’s hard to afford a home that has the size and amenities you want on your first (or even second) purchase. So most people start out with something a little smaller, needing some work, or not in their ideal location. The plan is usually to spend a few years in it, then sell it to buy a bigger, better home in your ideal neighborhood once you’ve built up some equity.
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Eye on Housing
JUNE 13, 2022
NAHB analysis of Consumer Expenditure Survey (CES) data from the Bureau of Labor Statistics shows that during the first year after closing on a home sale, home buyers tend to spend considerably more money on furnishings, appliances and remodeling compared to non-moving owners. Buyers of new homes spend most, spending four times as much as non-moving owners and twice as.
RRT Submitted Articles
OCTOBER 10, 2022
Many believe that the property market is driven by an 18 year property cycle. This post explains what the 18 year cycle is.
HomeLight
SEPTEMBER 26, 2022
You’ve heard the stories about people who’ve bucked the system when it comes to homebuying, striking out and building their home themselves at a huge savings. Considering the ever-rising costs of existing homes and the lack of affordable housing in many areas, building new can seem very appealing. But you also have to wonder how sustainable the idea really is.
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.
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.
Sotheby's International Real Estate
DECEMBER 2, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. San Francisco, California | Sotheby’s International Realty – San Franciasco Brokerage. The “grand-scaled” mansion is located on tree-lined street in Presidio Heights. 100-Year-Old San Francisco Home Lists for $11.35 Million – Mansion Global.
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.
Realty Biz
DECEMBER 8, 2022
Most people need to get help from a lender to buy a home, and applying for a loan can be difficult at times. Getting a mortgage in the current conditions, where interest rates have risen quickly, hasn't made the situation any easier. While it might be more difficult to get a mortgage, it is, of course, still possible, but you might need to prepare more carefully.
GeekEstate
SEPTEMBER 21, 2022
They say time is money, which means time is our most valuable resource as landlords. In addition to being a real estate investor and landlord myself, I’m a CEO, an entrepreneur, a husband and a father. I am always, always, always looking for tools and technology that can help me streamline my workflow and give me more time to focus on the bigger picture. .
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.
Real Trends
SEPTEMBER 1, 2022
It looks like inventory is about to get a boost. An analysis of Google search data reveals that searches for ‘sell my house’ exploded 147% in the United States as of July 2022 — the highest level in internet history for America, according to luxury real estate platform RubyHome. This comes as Americans face rising property and rent costs, with fears of a recession looming.
RIS Media
APRIL 8, 2022
Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers.
Lighter Side of Real Estate
MARCH 22, 2022
When you’re on the hunt for a house, you’re glued to the Internet, scrolling every listing site you can to make sure you aren’t missing anything. The Internet has certainly made it easier than it used to be to make sure you weren’t missing out on the house of your dreams. But you probably also keep your eyes peeled and ears perked for any word of a listing that may not have been listed on the MLS or any real estate site you browse.
Eye on Housing
OCTOBER 6, 2022
A majority of new homes that completed construction in 2021 included two-car garages (67%), according to NAHB analysis of 2021 Census Bureau Survey of Construction data. There is clear uniformity for parking options in new homes completed across the Census divisions: the 2-car garage was the most popular parking option for completed homes in all divisions.
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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.
RRT Submitted Articles
OCTOBER 10, 2022
Are interest rates going up or down? This post covers recent mortgage rate trends and the future forecasts of industry leading experts.
HomeLight
MARCH 2, 2022
You’ve done the work to get your home ready to sell — repainted rooms a neutral color and taken care of minor repairs, hired a great real estate agent , staged it to perfection , kept it clean for open houses and home tours — and now you’ve accepted an offer. Up next: The home inspection. Once the buyer orders a home inspection, your home is in the hot seat.
Housing Wire
NOVEMBER 17, 2022
The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke. In previous expansions, builders’ housing completion data would move in line with housing starts and permits. However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts.
Sotheby's International Real Estate
MAY 28, 2022
In desirable locales from East Hampton to San Francisco, these five homes are perfect for the long, lovely days of summer, blending spaces for enjoying the outdoors with easy access to interior comforts and conveniences. Sleek Modern Style in Sagaponack. Beate V. Moore, Sotheby’s International Realty – Bridgehampton Brokerage. Designed by esteemed architect Steven Harris, this thoroughly modern farmhouse sits on 1.3 emerald acres just a block from the beach.
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.
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.
Realty Biz
DECEMBER 15, 2022
Buying a house is a complicated process, so it’s refreshing when one simple concept covers more than one aspect of it. Escrow is just such a concept. This is the practice of enlisting a third party to hold both the deed to a property and the money used to buy it until both buyer and seller are satisfied with the terms. When this idea originated around the turn of the 20th century , selling property was much more simple.
GeekEstate
DECEMBER 27, 2022
In this week’s founder interview, we’re bringing you Jeff Glass from Hometap. Without further ado…. Who are you and what do you do? My name is Jeffrey Glass. I am the CEO and cofounder of Hometap Equity Partners. My job has five main requirements. My number one role is to ensure that we are capitalized to accomplish our mission of making homeownership less stressful and more accessible, as we have ambitious operating and deployment goals that can’t be accomplished unless we have the
Real Trends
SEPTEMBER 14, 2022
It is general knowledge that spring time is home selling season , but the best time to buy a house can change from year to year. According to a report from Realtor.com published Wednesday, in 2022, the best week to buy a house is from September 25 to October 1. Many in the industry view fall as “off season” for the housing market, which offers opportunistic buyers many favorable factors including more listing, less competition, and lower prices.
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.
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