April, 2022

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Why This Housing Market Is Not a Bubble Ready To Pop

Keeping Current Matters

Homeownership has become a major element in achieving the American Dream.

Marketing 263
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Building Materials Prices Rise Further

Eye on Housing

According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 1.4% in March, following an upwardly revised increase of 2.2% in February and 4.1% in January. This adds up to an 8% jump in building materials prices since the start.

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Elliman Magazine Column - A Symptom of Chronic Inventory Lows: Bidding Wars Are Everywhere

Miller Samuel INC

For each issue of Elliman Magazine produced by Douglas Elliman , the same company that publishes most of our U.S. market research , I write a brief column and create a graphic to illustrate an important issue facing the luxury housing market. Of course, the graphic I create is then supercharged by their very talented graphics staff. Listing inventory has essentially collapsed in most U.S. housing markets as unusually low rates against the backdrop of robust economic conditions have burned off su

Sales 110
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Some lenders won’t survive the purchase mortgage market of 2022

Housing Wire

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of rea

Mortgages 519
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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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Can You Put an Offer on a House That’s Contingent?

RIS Media

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.

More Trending

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The Lush Life: Homes Surrounded by Beautiful Greenery

Sotheby's International Real Estate

From a modernist masterpiece in Southern California to historic compound in the Hamptons, these homes are surrounded by lush green spaces that extend their interior luxury to the outdoors. Sophisticated San Francisco Victorian. San Francisco, California | Josh McAdam, Sotheby’s International Realty – San Francisco Brokerage. On a stately block in the quiet, convenient Jordan Park neighborhood, this impressive Victorian residence features five bedrooms, a wine cellar, and wonderfully scaled

Brokerage 140
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Selling a House As Is: What Are The Pros and Cons?

Maximum Exposure Real Estate

What are the pros and cons of selling a home as-is? You may have thought about this question if you’re planning on selling a home. Sometimes when you are selling a house that has some issues, selling it “as is” may seem like the most straightforward course of action. Most homeowners assume that selling a […]. The post Selling a House As Is: What Are The Pros and Cons?

As-is 130
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Burying a St. Joseph Statue to Help Sell Your Home: History and Instructions

HomeLight

Even in a seller’s market, selling a house can be a lengthy ordeal. From catching up on those repairs you’ve put off for years, to staging, showings and longing to get competitive offers, the process can leave you wanting assistance. The commonality of the experience gave rise to a tradition that has become part of home-selling folklore — the act of burying a St.

Staging 131
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The VA’s little-known program for Native American veterans

Housing Wire

A Department of Veterans Affairs lending program for Native American veterans has been severely underutilized, a government watchdog found. According to a report the Government Accountability Office published this week, the VA’s Native American Direct Loan program only resulted in 89 loans originated in the continental U.S. from 2012 to 2021. This represents less than 1% of the estimated potentially eligible population of 70,000 veterans, the watchdog agency said.

Lending 541
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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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Meet The Real Estate Tech Exectuive: Stephen Baker from Zego

GeekEstate

This week, we interviewed Stephen Baker from Zego. Let’s get to it! Who are you and what do you do? My name is Stephen Baker and I’m the President and General Manager of Zego, a property technology company that helps operators modernize the resident experience to boost retention and improve efficiency. In my role as President and General Manager, I manage Zego’s growing resident experience management business, utilized by 12M+ residential units, more than 6,000 property clients, and over 3

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Smart Moving Tips for Homeowners With Pets

Coldwell Banker

You may be ready to start an exciting adventure in a new home, but what about your pets? Some furry family members may find moving to an unfamiliar place stressful, but there are ways to ease them into it with a little advance planning. Pet-Friendly Properties Living harmoniously with pets is a top priority for […]. The post Smart Moving Tips for Homeowners With Pets appeared first on Coldwell Banker Blue Matter.

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Subtle Sophistication: 5 Homes with Soothing Neutral Interior Tones

Sotheby's International Real Estate

Carefully selecting interior design shades is an easy way to create a reliably stylish ambience in a home. These residences—from Fifth Avenue to California wine country—turn up the sophistication with swaths of calming neutral colors. Waterfront Oasis. Tiburon, California | Josh Burns, Sotheby’s International Realty – San Francisco Brokerage. This distinctive three-bedroom residence enjoys unobstructed views from its coveted waterfront lot.

Staging 139
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Highest Paid Occupations in Construction in 2021

Eye on Housing

According to the latest May 2021 Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $49,070 and the top 25% make at least $75,820. In comparison, the U.S. median wage is $45,760, while the top quartile (top 25%) makes.

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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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5 Killer Tips to Get Your Home Sold Fast

Realty Biz

How to Make Your House Ready to Be Listed For Sale. When you list your home for sale, you’ll want to put your best foot forward. Many things go into a successful home sale, including setting the right price and hiring an outstanding real estate agent. Your property’s presentation will be very important, from the curb appeal to the home itself.

Staging 122
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FHA adds 40-year loan term to COVID-19 arsenal

Housing Wire

The Federal Housing Administration told mortgage servicers that they can now offer a 40-year loan term as a COVID-19 recovery option. Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest update to FHA’s mortgage lending policies. For now, only borrowers financially impacted by the pandemic can opt for the loss mitigation option, and it may only be used in combination with a partial claim option.

Loans 488
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31 Spring Marketing Ideas For Real Estate: Social Media, Direct Mail & More

Easy Agent Pro

Spring has officially sprung! People nationwide are getting outside and doing much-needed spring cleaning. You may be tempted to frolic in the flowers yourself. But if you’re in the real estate industry, this season can set the tone for the rest of your year—and your sales. Spring is your annual springboard! So today, we’re sharing our top 5 spring marketing ideas for real estate.

Marketing 124
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Real Estate Agents vs. Realtors vs. Brokers: What’s The Difference

Maximum Exposure Real Estate

Differences Between Real Estate Agents, Realtors, and Brokers One of the questions I often get is if there is a difference between a Realtor®, Real Estate agent, and a broker. The difference between a real estate agent and Realtor® is significant. Hiring someone to help you with a real estate transaction can sometimes be confusing […]. The post Real Estate Agents vs.

Agents 120
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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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Making a Splash: 5 Homes with Soothing Water Features

Sotheby's International Real Estate

Whether classical or colorfully modern, a fountain brings the serene sounds of water to any estate. Each of these five homes—from the Connecticut to California—uses a fountain to turn an outdoor area into an oasis that is both eye-catching and calming. California Meets Bali. Shelton Wilder, Sotheby’s International Realty – Brentwood Brokerage.

Brokerage 136
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Inflation cuts homebuyer budgets by $40,000

Real Trends

Home buyers looking for a home in 2022 will have to look for properties that are roughly $40,000 cheaper, according to a report released by the National Association of Realtors on Wednesday. According to NAR, rising inflation is to blame for the smaller home buying budgets. In March, inflation accelerated to 8.5% , the strongest pace of inflation in 40 years.

Mortgages 122
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An AI To Find Your Tribe

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: LandOnEarth.]. Location, Location, Location. We hear it all the time in the real estate industry. Where a home is located is the most important factor in its value–both now and in the future. Each person’s personal value of a particular location is dependent on a variety of factors, such as age, interests and profession.

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Mortgage applications continue fall amid 5% rate

Housing Wire

Mortgage application volume dropped 1.3% for the week ending on April 8, from the previous week, as mortgage rates eclipsed the 5% mark. Refinance applications fell 5% from the prior week and 62% from the same week a year ago, according to the Mortgage Bankers Association ‘s weekly survey. “Mortgage rates have spiked more than 1.5 percentage points thus far in 2022,” Mike Fratantoni, MBA’s senior vice president and chief economist, said in a statement.

Mortgages 502
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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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Understanding a CMA in Real Estate is Crucial

Realty Biz

When buying or selling a home, having a clear understanding of its worth is very important. You’ll want to make sure you don’t pay too much when buying, but want the seller to accept your offer. Pricing your home when you are selling it is also tricky, making the price attractive to buyers but not selling it for too little. While you might have ideas about what a home is worth, your real estate agent has the tools and experience to find the right price point.

Agents 119
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A Handy Seller’s Guide To Staging a House While Living In It

HomeLight

Most home sellers face the common conundrum of trying to sell their home while still living in it. A quick search of online listings will reveal the range of those showcasing uninhabited houses, obviously staged ones, and then even more obviously lived-in homes. The goal for selling a house you’re still living in, is to stage it so that it appears that you’ve already moved out and the cleaning fairies have moved in.

Staging 123
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Inside an English-Inspired Manor in Houston

Sotheby's International Real Estate

Combining the storybook style of English countryside cottages with the refinement and luxury of a contemporary American estate, this regal manor is tucked amid trees and a formal parterre in the bucolic Tall Timbers area of Houston’s prestigious River Oaks. The setting is peaceful and private, yet the amenities of downtown and the famed Galleria are minutes away.

As-is 130
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Get Ready to Snap Up Some Books With the Return of the Brooklyn Bookstore Crawl

Brownstoner

Spend a week exploring and supporting the independent bookstores of the borough with the return of the Brooklyn Bookstore Crawl. On hiatus during the pandemic, the event is back as a lead-up to the annual Independent Bookstore Day. More than 20 bookstores are participating in the event, which runs from April… Read More > The post Get Ready to Snap Up Some Books With the Return of the Brooklyn Bookstore Crawl appeared first on Brownstoner.

As-is 119
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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.