Housing Wire
SEPTEMBER 21, 2023
Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible? NAR ‘s existing home sales report on Thursday gives us insight into the why factor. The median existing-home price for all housing types in August was $407,100, an increase of 3.9% from August 2022 ($391,700). All four U.S. regions posted price increases.
Keeping Current Matters
SEPTEMBER 25, 2023
If you’re looking to buy a home this fall, there are a few things you need to know.
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Inman
SEPTEMBER 18, 2023
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including "no longer forcing homesellers to pay buyer’s agents.
RIS Media
SEPTEMBER 21, 2023
Green home improvements have taken center stage in an era marked by growing environmental concerns and a desire to reduce carbon footprints. Homeowners increasingly recognize the importance of adopting Eco-friendly home improvement practices for the planet’s well-being and the long-term benefits they bring to their lives. From solar panels to energy-efficient appliances, an array of… The post Embracing Sustainability: The Top Eco-Friendly Home Improvements appeared first on RISMedia.
Advertiser: Trellis
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.
Eye on Housing
SEPTEMBER 15, 2023
Over the first seven months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 527,158. On a year-over-year (YoY) basis, this is 18.4% below the July 2022 level of 645,877. Year-to-date ending in July, single-family permits declined in all four regions. The Northeast posted the lowest decline of 12.1%, while the West region reported the steepest.
NAR: Economic Outlook
SEPTEMBER 20, 2023
Instant Reaction: Fed Announcement, September 20, 2023 The Fed needs to wait and not raise rates. Possible interest rate cuts then need to be considered once inflation is fully under control.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
National Association of Realtors: Culture Scan
SEPTEMBER 13, 2023
A Hit TV Show Can Make—and Break—Local Housing Markets Learn from the cases of “Fixer Upper” and “Yellowstone” what you may be dealing with if your area suddenly gains stardom.
Inman
SEPTEMBER 8, 2023
A July letter from Polsinelli, the outside counsel tapped to investigate misconduct at NAR's behest, found evidence of "creepy" and "disrespectful" behavior that, until now, had not been made public.
RIS Media
SEPTEMBER 11, 2023
How do you find your septic tank? Great question, right? Septic tanks are crucial components of properties not connected to municipal sewage systems. Proper maintenance and regular inspections of septic systems are essential for their functionality and longevity. One of the first steps in septic system maintenance is to know the location of your septic… The post How to Find and Service Your Septic Tank: A Comprehensive Guide appeared first on RISMedia.
Seattle Times Real Estate
SEPTEMBER 23, 2023
A research paper identified over 90 buildings across the region that would make good candidates for conversion to apartments, but such projects may be unlikely.
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Redfin
SEPTEMBER 11, 2023
Explore 17 beautiful places in New York City - stunning nature, culture, parks, and more all in one wonderful city.
Housing Wire
SEPTEMBER 26, 2023
After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% compared to July , reaching a seasonally adjusted annual rate of 675,000. On a year-over-year basis, new home sales were up 5.8%.
Sotheby's International Real Estate
SEPTEMBER 22, 2023
Highlights from this week’s top news stories on luxury and global real estate, and home. Atlanta, Georgia | Atlanta Fine Homes Sotheby’s International Realty Now that his farewell tour is wrapped, the ‘Rocket Man’ singer is saying goodbye to the roughly 13,500-square-foot apartment. Inside Elton John’s Atlanta Condo for $4.995M – The Wall Street Journal With A $35M Price, L.A.
Inman
SEPTEMBER 20, 2023
Pam O'Connor retired as CEO of Leading Real Estate Companies of the World and was named one of the top 25 thought leaders by the National Association of Realtors. In this op-ed, she shares her thoughts on the organization, its business model, and makes the case for what else needs to change.
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.
RIS Media
SEPTEMBER 14, 2023
Before you buy a home, unless you have the cash to purchase outright, you’ll need to get pre-approved. Understanding how mortgage pre-approvals work is essential. This means finding a lender that offers the type of mortgage you want and then going through the pre-approval process. They will then give you a pre-approval letter that you… The post Does a Mortgage Pre-Approval Expire?
Realty Biz
SEPTEMBER 20, 2023
Real estate transactions involve complex legal and financial processes that require the involvement of professionals who act on behalf of clients. Real Estate agents play a crucial role in facilitating the buying and selling of properties. Understanding the various types of agency relationships in real estate is essential for buyers and sellers to navigate the intricacies of the market effectively.
Bigger Pockets
SEPTEMBER 18, 2023
Nationwide, cities continue to impose new regulations on short-term rentals, effectively putting Airbnb hosts out of business in some areas. How can investors protect themselves?
Housing Wire
SEPTEMBER 26, 2023
After three consecutive months of annual price declines, home prices in July were up 0.98%, according to the S&P CoreLogic Case-Shiller Home Price Index. Month-over-month, the U.S. National Index posted an increase of 0.6%, while the 10-City posted a 0.8% increase and 20-City Composite a 0.9% increase. “U.S. home prices continued to rally in July 2023,” Craig Lazzara, managing director at S&P DJI , said.
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.
Brownstoner
SEPTEMBER 6, 2023
In a surprise twist, after a failed Crown Heights rezoning whose resulting 39-story towers and their shadows would have threatened the nearby Brooklyn Botanic Garden, the same developer is back and, unexpectedly, is now seeking a new rezoning to build 14 stories on the property. At the same time, a… Read More > The post End Nears for Crown Heights Spice Factory as Developers Seek Demo Permit and New Rezoning appeared first on Brownstoner.
Inman
SEPTEMBER 25, 2023
Across the real estate sector, multigenerational living has emerged as a beneficial solution for many families. As the older generation ages, they’re cared for by loved ones. Younger generations are supported by their parents in sharing the costs and responsibilities of homeownership, and grandparents are available to help raise grandchildren.
RIS Media
SEPTEMBER 7, 2023
When you are preparing to sell your home, there are many improvements you can make. While you’ll get many suggestions for things you can do to make your home easier to sell, people rarely suggest things you don’t need to fix. Fixing up your home can be costly, and you might not get the return… The post Home Enhancements Owners Should Avoid Before Selling appeared first on RISMedia.
Realty Biz
SEPTEMBER 11, 2023
Real estate transactions involve multiple stages, with "under contract" being a critical phase. It's a pivotal point where the homebuyer and seller have agreed on price and terms, but the deal has not yet closed. However, not all homes under contract successfully transition to a successful sale. We will explore why under-contract homes may fall apart and clarify the difference between "under contract" and "pending" status in real estate.
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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.
Calculated Risk Real Estate
SEPTEMBER 25, 2023
Each month I track closed sales, new listings and active inventory in a sample of local markets around the country (over 40 local housing markets) in the US to get an early sense of changes in the housing market. In addition, we can look for regional differences. After the National Association of Realtors® (NAR) releases the monthly existing home sales report, I pick up additional local market data that is reported after the NAR (and I’m adding more markets ).
Housing Wire
SEPTEMBER 26, 2023
Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable.
Bigger Pockets
SEPTEMBER 20, 2023
The city is always under threat from natural disasters, yet it continues to grow every year and boasts one of the largest populations in the country. Is it a good place to invest, though?
Inman
SEPTEMBER 11, 2023
The luxury sector has always led the real estate industry in terms of innovation. High-end homes frequently include cutting-edge features, and high-end clients raise the bar with aspirational ideas and ambitious expectations. So it’s only natural that high-end agents also try to push the boundaries of what’s possible.
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.
RIS Media
SEPTEMBER 25, 2023
There is good news to be celebrated in the new-home sector. All measures, from new-home sales to housing starts to building permits and housing completions, are up year-over-year. Given the dearth of housing inventory in the existing-home sales sector, this is cause for celebration. Current homeowners are unlikely to ditch their golden handcuffs of low-interest-rate… The post Why Built-for-Rent Is a Growing Market Segment appeared first on RISMedia.
Realty Biz
SEPTEMBER 20, 2023
In recent years, the global energy landscape has been shifting towards sustainability and renewable sources. Homeowners and businesses alike are increasingly turning to solar power as a clean and efficient means of generating electricity. Solar panels, also known as photovoltaic (PV) panels, have become a symbol of the green energy revolution. They capture sunlight and convert it into electricity, reducing reliance on fossil fuels and lowering electricity bills.
HomeLight
SEPTEMBER 22, 2023
Presenting your home in its best light can make all the difference when it comes time to sell. According to the National Association of Realtors , 81% of buyer’s agents report that home staging makes buyers more likely to picture themselves moving in. Effective staging not only captures the attention of prospective buyers but allows them to visualize themselves living in the space — evoking emotions that make your property unforgettable.
Housing Wire
SEPTEMBER 18, 2023
Yet another national real estate brokerage firm has reached a settlement agreement in two of the major class action antitrust lawsuits facing the real estate industry. According to court documents filed on Monday, RE/MAX and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits.
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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