Housing Wire
MAY 14, 2024
With a 90-day average median list price of $4.3 million , Santa Monica, California doesn’t seem like a place where one would expect to find many first-time homebuyers. But local real estate professionals would beg to differ. “Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said.
Real Estate News
MAY 14, 2024
Damian Eales told Real Estate News that he loves competition but takes issue with Homes.com’s traffic claims and says they have “disparaged” buyer agents.
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Housing Wire
MAY 14, 2024
As the U.S. reaches its peak homebuying season, mortgage rates continue to ease week over week. HousingWire ’s Mortgage Rates Center showed the average 30-year fixed rate for conforming loans at 7.45% on Tuesday, below the rate of 7.51% one week ago. At the same time one year ago, the average rate was 6.54%.The 15-year conforming fixed rate averaged 6.75% on Tuesday, down from 6.77% one week earlier.
Keeping Current Matters
MAY 14, 2024
Selling your house is a big decision.
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Housing Wire
MAY 14, 2024
Despite persistently high interest rates , big four title firm Fidelity National Financial recorded a much stronger start to 2024 than it did a year ago. In first-quarter 2024 , Fidelity reported total revenue of $3.299 billion, up from $2.474 billion a year ago. Its net earnings were $248 million, compared to a $59 million net loss in Q1 2023. The firm attributed its stronger results to better performance from both its F&G segment and its title insurance segment.
Inman
MAY 14, 2024
The changing real estate landscape and media misinformation are creating confusion for homesellers. Mega-team leader Carl Medford lays out the facts so that you can educate your clients.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
MAY 14, 2024
Take into account the way you like to work, your level of expertise and your desire for collaboration when considering the brokerage model that works best for you and your business.
Housing Wire
MAY 14, 2024
Broker associate Marcus Skenderian is bringing his five-person Marcus Skenderian Real Estate Group back to Compass after spending three years at Coldwell Banker. As part of the move, Skenderian is also opening an office in Laguna Beach, California. The team serves coastal California communities such as Laguna Beach, Newport Beach, Corona Del Mar, Newport Coast, Crystal Cove, Dana Point and more.
Inman
MAY 14, 2024
Stop worrying that AI will replace you, MoxiWorks' York Baur writes. Start learning to use technology to your advantage by automating low ROI tasks.
Housing Wire
MAY 14, 2024
It’s an election year, and housing affordability appears to be a big concern for voters. So, it’s not surprising to see the administration and members of Congress announcing big ticket legislative initiatives to boost homeownership – like a 1 st time homebuyer tax credit and the Neighborhood Investment Act to fix up older homes. The Community Home Lenders of America (CHLA) applauds these initiatives.
Advertiser: Trellis
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Inman
MAY 14, 2024
It is crucial to put together the right team to keep growth going strong in today's real estate world. Here's how The Agency's Tara Scholl-Gettles did it.
Housing Wire
MAY 14, 2024
FinLocker , the St. Louis-based developer of a leading white-label financial fitness and homeownership platform, announced the closure of a $17 million Series B funding round on Tuesday. The investment from Radian Group and existing shareholders will enable FinLocker to introduce a suite of new features and tools designed to optimize the homebuying and homeownership experience.
RIS Media
MAY 14, 2024
Eighty years ago, Franklin Delano Roosevelt signed the Servicemen’s Readjustment Act (colloquially known as the G.I. Bill) into law. This law established programs that continue to serve veterans as they readjust to civilian life and reward them for their service to this country. Eight decades later, one of those programs continues to provide veterans with… The post Empowering Veteran Homebuyers appeared first on RISMedia.
Housing Wire
MAY 14, 2024
Atlas VMS , the appraisal and valuation company led by Erik Morin , announced this week the appointment of Joe Pravettone as chief appraiser. The company describes the hire as a “significant addition” to its leadership team. Pravettone began his valuation career roughly 25 years ago, starting as an independent fee appraiser and ultimately working for both national appraisal management companies (AMCs) and large financial institutions.
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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.
The Close
MAY 14, 2024
Throughout your real estate career, writing a property listing description is one thing you’ll do over and over again. Sometimes, your choice of words can make or break a listing, influencing buyers’ perceptions and sellers’ opportunities to sell their properties. Sure, it can get repetitive, but vividly describing homes is a powerful tool for selling quickly and effectively.
Calculated Risk Real Estate
MAY 14, 2024
On Friday, in Part 1: Current State of the Housing Market; Overview for mid-May 2024 I reviewed home inventory, housing starts and sales. In Part 2, I will look at house prices, mortgage rates, rents and more. House Prices The Case-Shiller National Index increased 6.4% year-over-year in February and will likely be about the same YoY in March (based on other data).
Eye on Housing
MAY 14, 2024
Inputs to residential construction, goods less food and energy, increased for the sixth consecutive month, according to the most recent producer price index (PPI) report published by the U.S. Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy, represents building materials used in residential construction.
Brownstoner
MAY 14, 2024
This week, a look back at four of our featured listings from six months ago focuses on homes in Marine Park, Crown Heights, Prospect Lefferts Gardens, and Park Slope. How did they fare? A Marine Park Tudor-style semi-detached house has a vintage rec room on the top floor with paneling, a… Read More > The post Brooklyn Real Estate Listings Six Months Later: One in Contract, Three Still Available appeared first on Brownstoner.
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
MAY 14, 2024
Guaranteed Rate has announced the next wave of expansion of its Community Engagement Initiative, designed to significantly improve funded volume in underserved communities nationwide. May 2024 marks the formal launch of phase two of this initiative, as the company has recorded rapid progress in its community work with diverse segments. The initiative’s first phase focused… The post Guaranteed Rate Expands Community Engagement Initiative appeared first on RISMedia.
Brownstoner
MAY 14, 2024
In the News Restoring a Chair Is Easier Than You Think. Ask Brownstone Boys [NYT] Organizational Heroes Save My Small Brooklyn Apartment [NYT] Two Greenpoint Stores Announce Closures [Greenpointers] Crown Heights Barbershop Operated as Speakeasy: Lawsuit [BP] Brooklynites Are Not Happy With City Life, Report Says [BK Reader] Outrage as Bushwick Nightclub Cancels Eurovision Party [Bushwick… Read More > The post Daily Links: Century-Old Houses on Lenox Road to Be Replaced by 16-Story Tow
Marco Santarelli
MAY 14, 2024
The Austin housing market , once a beacon of frenzied activity and skyrocketing prices, is now experiencing a notable shift. Prices dip, inventory rises – is it a buyer's market now? From the dizzying highs of the pandemic era to a more tempered landscape, let's explore into the dynamics shaping Austin's real estate market in 2024. Here are the latest trends in the Austin housing market.
Maximum Exposure Real Estate
MAY 14, 2024
Would you like to know how to prepare a condo for sale? Selling a condominium involves more than just posting a “For Sale” sign and listing in the MLS. When done correctly, it’s a strategic process that can significantly increase your property’s marketability and final sale price. I will provide the following advice to help […] The post Steps to Prepare a Condominium For Selling appeared first on Maximum Real Estate Exposure.
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.
HomeLight
MAY 14, 2024
Are you looking to sell your Greeley home quickly and without the hassle of a traditional homee sale? We Buy Houses companies in Greeley might be your solution. These companies offer all-cash bids, often for homes that could use a touch-up or two. For homeowners who may not have the time, money, or ability to deal with repairs, this can mean receiving a cash offer in a matter of days and moving on with their lives.
RIS Media
MAY 14, 2024
When you hear “farming,” you probably picture livestock, tractors and a big red barn. However, real estate farming refers to a tailored marketing strategy that agents utilize to get the best listing leads. If this term is new to you, let’s delve into what it is, why it’s beneficial and how to execute the strategy… The post Real Estate Farming 101: Getting Started, Why It Matters & How to Succeed appeared first on RISMedia.
HomeLight
MAY 14, 2024
Are you worried that your credit score might hold you back from owning a home? You’re not alone. More than 70% of renters in the U.S. report wanting to own a home, but only 45% say they can qualify to buy a house where they live. Many of these renters, like you, are looking for alternate paths to homeownership, even with less-than-ideal credit.
RIS Media
MAY 14, 2024
One of summer’s true joys is al fresco dining. Enjoying even the most basic meal outdoors can feel like an escape. Enhancing your outdoor dining space can transform this area from an ordinary backyard into your own oasis. From glimmery lights to beautiful servingware, elevating this space can make every meal, from your morning coffee… The post Outdoor Dining Inspiration appeared first on RISMedia.
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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.
BAM Media
MAY 14, 2024
If your email subscribers are deleting more of your emails than they read (let alone click through), your emails could be too general. It might sound backwards, but the more you try to appeal to as many subscribers as possible—by making your focus so broad it could apply to almost anyone—the more your open rate tends to sink into oblivion. Imagine throwing flyers from a helicopter.
RIS Media
MAY 14, 2024
Whether you live in the city or suburbs, having outdoor space can feel like the ultimate luxury when the weather allows. With outdoor space, size doesn’t matter; it’s how you use the space that counts. If your outdoor space consists of a balcony or terrace, there are many ways to maximize this outdoor space to… The post Outdoor Design Tips for Balconies and Terraces appeared first on RISMedia.
BubbleInfo
MAY 14, 2024
Everyone thinks that commissions will be negotiated with the offer. On the surface, it seems like a reasonable solution, but it will depend on whether the listing agent will stand up for their fellow agents getting paid, or wimp out and hide behind the seller. The conversations will go like this: Listing Agent: We finally […] The post Negotiating Commission With Offer first appeared on bubbleinfo.com.
RIS Media
MAY 14, 2024
Like the season itself, decorating for summer should be easy and breezy. A home decorated for the summer months means a laid-back elegance and an allover sense of ease. A few design tweaks can make your home feel like a summer retreat. Read on for some easy ways to have a house embodying summer’s feeling.… The post Transitioning from Spring to Summer appeared first on RISMedia.
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.
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