Housing Wire

JUNE 9, 2023

Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. They went all in during COVID-19 in 2020, doubled down in 2021 as the forbearance crash bros but really bet the farm on a massive home-price crash in 2023 after the most significant home sales crash ever in 2022.

Inventory 545

Inventory Housing Market New Listings Mortgage 545

The Appraiser Coach

JUNE 27, 2023

I’ve recently been posting about what I call the “Principles of Prosperity.” I’ve been hoping to give you a brief introduction that will pique your.

Inspection 366

Inspection Advertising Real Estate Agent Government 366

Real Estate News

JUNE 27, 2023

New home sales are up 20% year-over-year, according to the U.S. Census Bureau, and lower median prices could help first-time buyers.

Buyers 319

Buyers 319

Inman

JUNE 1, 2023

Doctorow oversaw the company as its revenues and site traffic rose to record highs, the company said. But as with the rest of the industry, Move has shown signs of a slowdown.

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Eyes on Housing

JUNE 28, 2023

NAHB analysis of county level permit data and demographic data indicates that single-family home building in the first quarter of 2023 is occurring mostly in counties where baby boomers make up a majority of the population. The Census Bureau provides county level population age estimates in 5 years intervals. For example: 0-4, 5-9, 10-14 through 85+.

Marketing 190

Marketing 190

GoForrmz

JUNE 29, 2023

Embracing digital solutions can help improve your job site safety As National Safety Month comes to a close, the focus is on the future—literally, the immediate future of your job sites. Hazard recognition is the theme of the week, and while it’s important to have ways to identify, track, and mitigate risks across all industries, energy and oil sectors often face unique risks.

Tools 148

Tools Project Management Inspection Business 148

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. In 2018, the GSEs changed policy to allow hosts of Airbnb, VRBO, Vacasa… etc. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision.

Appraisal 148

Appraisal Tenants Investors Business 148

Real Estate News

JUNE 30, 2023

MLS PIN has agreed to pay $3 million and stop requiring sellers to offer buyer-broker compensation, a practice at the core of two other major lawsuits.

Sellers 293

Sellers Buyers 293

Inman

JUNE 22, 2023

Erin Morrison, 2022 National President Elect of the LGBTQ+ Real Estate Alliance and proud Texas Realtor, is afraid. And so are some of your clients. Here’s what you need to know.

Real Estate 151

Real Estate Realtors Clients Brokerage 151

Eyes on Housing

JUNE 12, 2023

The first quarter of 2023 release of the Z.1 Financial Accounts of the United States shows for a third consecutive quarter the value of households’ real estate assets contracted. The combination of economic uncertainty and declining home prices has played a role over the past year in decreasing the value of households’ real estate assets. The level of households’ real.

Real Estate 186

Real Estate Contracts Market Value Marketing 186

GoForrmz

JUNE 22, 2023

Heat-related illnesses are preventable, but still on the rise Heat-related illness, injury, and death may seem like a blatant risk factor for jobs in agriculture, construction, or even manufacturing. Still, it affects workers year-round in different parts of the world. While farm and ag workers are 35 times more likely to die from heat-related illness than workers in other industries, it’s not limited to just that space.

Training 147

Training Construction Technology Tools 147

Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Just when I thought I was out, they pull me back in. What do I mean by savagely unhealthy? One of the critical data lines I track is the days on market, and when that breaks under 30 days it’s a dangerous sign, but when we get into the teenager level or lower, it’s a red alert.

Housing Market 510

Housing Market Marketing Inventory Law 510

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process. By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Real Estate News

JUNE 19, 2023

In light of ongoing lawsuits, brokers need to prepare their buyer agents to communicate their value and respond to objections around agreements and fees.

Buyers 291

Buyers Brokerage Agents 291

Inman

JUNE 16, 2023

Anywhere's Agent Engagement team will help Anywhere affiliated broker-owners and agents supercharge their businesses with personalized coaching and mentorship, the company said.

Agents 152

Agents Business Realty Real Estate 152

Eyes on Housing

JUNE 26, 2023

The failure of several banks in 2023 and the ensuing stress in U.S. financial markets has had an effect that some builders and developers are beginning to notice, according to two recent NAHB surveys. In one of the surveys, roughly three-in-five builders and developers reported that loans for land acquisition, land development and speculative single-family construction have become more difficult.

Development 184

Development Construction Marketing Lending 184

DataMaster

JUNE 2, 2023

There’s nothing quite like confidently walking away from what you think is a job well done, only to be met with a different sentiment from others. Yes, we’re talking about reconsideration of value (ROVs) and revision requests. These don’t always leave us with a great feeling, but there are ways to prepare for them and things to keep in mind that will soften the blow.

Reconsideration of Value 145

Reconsideration of Value Valuation Clients Legal 145

Housing Wire

JUNE 20, 2023

The U.S. single-family rental market is still strong, but the pace of rent increases has cooled significantly over the past year. The market is looking more like 2019 than the price spikes witnessed during the pandemic. U.S. single-family rent increases in May registered a 3.7% gain, compared to the 14.2% growth observed in the same month in 2022, according to Corelogic ’s Single-Family Rent Index (SFRI).

Tenants 498

Tenants Marketing Housing Market Real Estate 498

BiggerPockets

JUNE 20, 2023

A house hack that covers all living expenses and allows you to travel the world!? Many people dream of making passive income from real estate, but only some take action.

Real Estate 79

Real Estate 79

Real Estate News

JUNE 27, 2023

Glenn Sanford’s “State of the Union” hints at strategic partnerships, an exclusive lead-gen strategy and investments in attracting teams.

Investing 293

Investing 293

Inman

JUNE 21, 2023

The regional brokerage has purchased HK Lane, a 75-agent firm in the Coachella Valley, and welcomed back about 50 agents that were part of a team that left for rival eXp Realty in April.

Agents 152

Agents Realty Brokerage 152

Eyes on Housing

JUNE 16, 2023

Over the first four months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 268,205. On a year-over-year (YoY) basis, this is 29.0% below the April 2022 level of 377,713. Year-to-date ending in April, single-family permits declined in all four regions. The Northeast posted the lowest decline of 17.6%, while the West region reported the steepest.

Construction 180

Construction Marketing 180

Lamacchia Realty

JUNE 15, 2023

Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full-service, value-based brokerage prides itself on.

Realty 74

Realty Brokerage Agents Real Estate 74

Housing Wire

JUNE 27, 2023

New home sales are up 20% year over year, and existing home sales are down 20% year over year; this is something we don’t see very often. One group has the advantage here while the other doesn’t: The new home sales market is minuscule versus the existing one, and the builders sell their homes like a commodity. Last year a theme of mine was that new home sales are historically low, and the builders know how to move products when needed.

Construction 486

Construction Inventory Marketing Buyers 486

BiggerPockets

JUNE 28, 2023

Miami has become the new Austin, and movers in the country's most notoriously expensive markets are taking notice. While the tax-free city seems financially sound on paper, what's the catch?

Marketing 76

Marketing Real Estate 76

Real Estate News

JUNE 28, 2023

A former employee has filed a lawsuit alleging she was unfairly fired after ending a relationship with National Association of Realtors President Kenny Parcell.

Realtors 267

Realtors 267

Inman

JUNE 26, 2023

Stacey Soleil, head of community and industry relations at Follow Up Boss, is a force to be reckoned with in the real estate industry, cultivating a community-first approach, fostering an environment of inclusion, equity and diversity.

Real Estate 151

Real Estate Agents Marketing 151

Eyes on Housing

JUNE 19, 2023

Solid demand, a lack of existing inventory and improving supply chain efficiency helped shift builder confidence into positive territory for the first time in 11 months. Builder confidence in the market for newly built single-family homes in June rose five points to 55, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Supply Chain 180

Supply Chain Inventory Housing Market Marketing 180

Lamacchia Realty

JUNE 2, 2023

A key player in the opening of Lamacchia Realty’s first Connecticut Office , Beth Allen-Byrd is officially the Connecticut Regional Manager! With nearly a decade of real estate experience in Connecticut under her belt, Beth excitedly took on this new role to promote the growth of Lamacchia Realty throughout the region. A leadership role isn’t new to Beth, who worked among a leadership team for a number of years at her previous brokerage.

Realty 73

Realty Brokerage Realtors Agents 73

Housing Wire

JUNE 11, 2023

After seeing disappointing inventory growth two weeks ago , which I chalked up to the Memorial Day holiday, I was hoping for a big push in active listings last week, but that didn’t happen. And, the recent uptick in mortgage rates to almost 7% slowed purchase application data again. Here’s a quick rundown of the last week: Active inventory grew 6,722 weekly.

Inventory 484

Inventory Housing Market Marketing New Listings 484

BiggerPockets

JUNE 19, 2023

Navigating the closing process on a house is a daunting task. Learn how long it takes to close on a house, along with the information you need for the process.

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Real Estate News

JUNE 6, 2023

Gene Millman, the leader of Colorado's largest MLS, believes MLSs "have a bad habit of forming silos" — but by working together, they can be stronger.

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Inman

JUNE 14, 2023

Sherry Chris, who recently retired, formerly led both brands. Now Ginger Wilcox will lead BHGRE while Alex Vidal leads ERA, according to an announcement Wednesday by Anywhere Real Estate.

Real Estate 152

Real Estate Brokerage Agents 152

Eyes on Housing

JUNE 20, 2023

Limited existing inventory combined with solid demand and improving supply chains helped push single-family starts to an 11-month high in May. This occurred despite elevated interest rates and ongoing challenges for housing affordability. Overall housing starts in May increased 21.7% to a seasonally adjusted annual rate of 1.63 million units, according to a report from the U.S.

Supply Chain 176

Supply Chain Inventory 176