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%.
Keeping Current Matters
SEPTEMBER 26, 2023
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices?
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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 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.
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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.
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.
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
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.
Realty Biz
SEPTEMBER 26, 2023
Four of the major diversity organizations within the real estate industry have joined forces to launch Stop Hate in Real Estate, a multi-pronged effort to allow real estate professionals the opportunity to stand for positive change in the face of increased division, discrimination and hatred currently seen across the nation. Leaders of the LGBTQ+ Real Estate Alliance, Asian Real Estate Association of America (AREAA), National Association of Hispanic Real Estate Professionals (NAHREP), and WomanU
Inman
SEPTEMBER 25, 2023
The 2023 real estate market has been a bit of a conundrum for agents and brokerages. Mortgage rates are high, listing prices are elevated, and housing inventory is limited. Construction of new homes is largely stalled or at least not meeting the high demand, and many homeowners who locked in record-low interest rates during the pandemic simply aren’t willing to leave their homes and sell.
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RIS Media
SEPTEMBER 25, 2023
It’s the fourth quarter. You are in the red zone when someone fumbles the football. All that work for someone to drop the ball. In real estate, this is similar to losing the sale last minute and unfortunately, it happens all too often. So maybe selling a house isn’t the same as winning a football… The post Don’t Lose Deals to These Preventable Issues appeared first on RISMedia.
Housing Wire
SEPTEMBER 26, 2023
Keller Williams New Orleans is getting a major boost. The city’s top agent by both sales volume and transaction sides in 2022 is joining the firm, according to an announcement on Tuesday. Chris Smith, a 20-year industry veteran, is leaving Latter & Blum for Keller Williams New Orleans. Latter & Blum is an independent brokerage based in New Orleans, which serves clients throughout the Gulf Coast, including those in Louisiana , Texas and Mississippi.
Real Trends
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.
Inman
SEPTEMBER 23, 2023
As a new agent, it can be hard to separate fact from fiction, coach and author Darryl Davis writes. Find out what's no longer true so that you can chart a course for your career.
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 25, 2023
The regional closed median sale price in New York was $635,000 in August, a 0.8% increase as compared to the $630,000 in July, and closed regional sales transactions increased from 4,383 to 5,243 in August, a month-over-month increase of 19.6%, according to a new report from OneKey MLS. OneKey MLS’s monthly report on home sales… The post New York Median Home Sale Price and Transactions Tick Up in August appeared first on RISMedia.
Housing Wire
SEPTEMBER 24, 2023
Mortgage rates shot up last week after a hawkish Federal Reserve meeting, even though they didn’t raise rates. In addition, jobless claims data had another solid print, showing that the labor market hasn’t broken yet, which led to more selling of the 10-year yield. Mortgage rates did find some relief on Friday as bond yields headed lower. On housing inventory , new listings data saw a small decline last week, but active listings grew at a healthy clip.
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 ).
Inman
SEPTEMBER 26, 2023
As Re-convene returns to Santa Monica this week, investors nationwide will be following along on Twitter, where an enthusiastic community of investors has leaned into social media in a big way.
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.
RIS Media
SEPTEMBER 26, 2023
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, today reported a 1% annual change in July, up from a 0% change in June. The 10-City Composite showed an increase of 0.9%, which improves from a -0.5% loss in the previous month. The 20-City Composite posted a year-over-year… The post Report: Home Prices Continued Upward Trend in July appeared first on RISMedia.
Housing Wire
SEPTEMBER 26, 2023
Ocrolus , an AI-driven financial document automation platform, has launched an enhanced dashboard for mortgage lenders, the company announced on Tuesday. Among other features, the new solution will allow lenders to automate income calculations for both traditional and self-employed borrowers using automated, transparent and flexible worksheets, the statement said.
Realty Biz
SEPTEMBER 24, 2023
If you are here, let's talk about something that's totally shaking up the real estate scene – proptech solutions from Otakoyi and other real estate software development companies. It's this blend of property and technology that's turning the whole industry upside down, from the way we buy and sell to how we find the perfect place to rent. It's like a tech storm that's making us all wonder: where's real estate headed next?
Inman
SEPTEMBER 25, 2023
Early-stage delinquencies have increased for three months in a row, suggesting that delinquency rates may be nearing a bottom, according to first look at Black Knight Mortgage Monitor report.
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RIS Media
SEPTEMBER 26, 2023
Due to rising mortgage rates and a lack of inventory, new-home sales saw a drastic 8.7% dip in August, according to a new report from the National Association of Home Builders (NAHB). NAHB reported, using data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, that sales of newly built,… The post New-Home Sales See Big Fall in August appeared first on RISMedia.
Housing Wire
SEPTEMBER 25, 2023
The National Association of Hispanic Real Estate Professionals is launching a new trade organization to support Latino construction businesses and workers in building capacity, access to capital and creating business opportunities for its members. The National Hispanic Construction Alliance (NHCA) will be led by veteran construction industry executive George Carrillo as CEO.
Realty Biz
SEPTEMBER 25, 2023
Outdoor security cameras are essential for keeping your home and property safe. Whether you want to monitor package deliveries, keep an eye on unwanted visitors, safeguard your children, observe your pets, or have peace of mind, a reliable outdoor camera is a must-have. Outdoor security cameras provide many features, such as motion detection, night vision, two-way audio, and more.
Inman
SEPTEMBER 26, 2023
The luxury network's new office in the state of Utah will help provide crucial referrals to clients in feeder markets where Christie's has an existing presence, Inman has learned exclusively.
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
In the world of rental real estate, the roles of various professionals are often delineated based on their specialization. When it comes to the realm of rentals, rental agents and rental REALTORS® play a pivotal role in facilitating the process of finding the perfect rental property. We will provide a comprehensive overview of their responsibilities,… The post Exploring Roles and Responsibilities of Real Estate Agents for Renters appeared first on RISMedia.
Housing Wire
SEPTEMBER 26, 2023
Real estate agents are moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, Relitix’s inaugural Agent Movement Index shows. The index shows the relative degree of movement between real estate brokerages by experienced agents and is indexed to the level of mobility in January 2016. The graph shows that, on a trailing twelve month’s basis, mobility hit its 10-year high in June of 2021 at an index value of 109.4.
Bigger Pockets
SEPTEMBER 25, 2023
This type of housing has been a top performer in their markets since before the 2008 recession. They continue to surge today. Should you be investing in them?
Inman
SEPTEMBER 25, 2023
The year-long program includes one-on-one consultations with team members to assess campaign tactics, review metrics and generate ideas to increase response rates and lead generation results.
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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