Real Estate Industry

“All the news that's fit to print,” or to click, as the case may be, can be found right here at your favorite real estate social networking site, ActiveRain. And here you thought it was merely a great place to chat with colleagues and slap up a blog post or two.


We know you're busy – whether it's trying to fill your pipeline or following up on what's already popped out of the bottom of it. Who has time to read? And, while real estate market news geared toward consumers is easy to round up on the Internet, news for brokers and Realtors is a bit harder to come by.


Your friends at ActiveRain understand how important each of those 168 hours in every week is so we've made it easy for you by consolidating everything you need to know to keep up-to-date with the real estate industry right here, in one place.


How are housing starts looking? Has the FHFA launched any new efforts? How's that Fannie and Freddie loan limit rollercoaster doing?


You've got the questions and your colleagues here at AR have the answers. It's at your fingertips – finally.

Recent blogs on Real Estate Industry
By Stephen Fells, Marketing, Technology, Fun and News!
(AgencyLogic)
Given the last few years is it any surprise that 'nurses retain [the] top ethics rating in U.S.'? According to a Gallup survey real estate agents rank above lawyers, journalists, politicians and car salespeople, but below accountants, police officers and teachers. Gallup first measured the honesty and ethics of professions in 1976 and has updated it annually since 1990. A small number of professions have been on the list every year, while others are included periodically.  When asked "How you would rate the honesty and ethical standards of people in these different fields -- very high, high, average, low or very low?" real estate agents scored as follows: Very High: 4% High: 20% Average: 55% Low: 15% Very Low: 4%Gallup add:"Real estate agents (55%) and bankers (54%) garner majority-leve...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
People were flocking to buy a house when it was possibly one of the most difficult times in history to do so. Sure, interest rates were super low, but that’s about the only thing buyers had in their favor.Competition was fierce, since there were so many buyers and not enough houses to satisfy demand, making it almost impossible to get your offer accepted. Prices were going higher and higher. And if you even wanted your offer to get a second glance, you pretty much had to give up your rights to typical inspections. Forget about asking for any concessions from a seller! Yet buyers were still lining up (literally) to buy houses.Then mortgage rates went up, and many buyers felt like it was an awful time to buy a house. Consumer confidence plummeted to a low of 16% back in October and Novemb...
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By Teri Isner, GRI, CRS, CIPS
(Keller Williams Realty at the Lakes)
Realtors know the ins and outs of comps — what they are, why they are important in every deal, and how they set the price and tone of the transaction overall.But how do comps compare to market statistics, and more importantly, when should you look to one over another? COMPS: This stat helps consumers who have already decided to buy something evaluate the different options on the market; helps a seller understand how their product stacks up compared to other products currently “on the shelf” MARKET STATS: These help professionals gauge the health of the marketplace overall and to set expectations throughout the transaction for both buyers and sellers. Helps them communicate how competitive the marketplace is, how pricing is trending, whether the marketplace favors buyers or sellers, how ...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Experts Increase Home Price Projections If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts (shown in green in the chart below): As the chart shows, most sources adjusted up, and now call for more appreciation in 2022 than they originally projected this January. But why are experts so confident the housing market will see ongoing appreciation? It’s because of supply and demand in most markets. As Bankrate says: “After all, supplies of homes for sale remain near record low...
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By Melissa Thompson, I'm a real estate agent helping buyers and sellers
(Thompson Real Estate)
Can I sell my house without a realtor? Yes, but it's not as easy as you may think. You may find yourself in a position that prompts you to sell your house without a realtor. Taking up this venture without the help of a realtor can be cheaper for you since all of the fees you would have paid for their services remain intact.However, it would be best if you remember that selling your house on your own without a realtor or real estate agent is far from an effortless task. You will invest a significant amount of your time, which is something that the realtor handles for you. The steps are tedious as it would require marketing, showing off the house to different clients, and even negotiating on prices with potentials. Nevertheless, selling your home on your own is not an impossible task.Cons...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences. In the latest Real Estate Forecast Summit, Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), drew the comparisons below between today’s housing market and the previous cycle: Looking at the facts, it’s clear: today is very different than the housing market of 15 years ago. There’s Opportunity in Real Estate Today And in today’s market, with inventory rising and less ...
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By Pierre Raymond, Quant investing and risk management
Real estate is one of the most effective means of turning capital into profit quickly. Whether you are buying houses to flip, or purchasing property to build new structures on, the real estate market is in full swing right now.Canada has exciting investment opportunities for real estate investing, and we have put together a list of cities that offer some of the best locations in the country.Vancouver could be the best location to invest your real estate money in this coming year. The area offers excellent opportunities for both investment and development that are almost unrivaled. The Conference Board of Canada (CBoC) is also projecting a healthy economic growth of more than 3%, which means more property buyers will be looking for homes.The demand for rental properties in the area is st...
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By Stephen Fells, Marketing, Technology, Fun and News!
(AgencyLogic)
Source: Statista While the Fed's decision to dial back the tempo of its latest rate hike to 50 basis points after four consecutive 75 basis point hikes was (mis)interpreted as a first step towards a less hawkish policy stance by some observers, the minutes of the December FOMC meeting, released on Wednesday, once again made clear that the chances of such a pivot are very slim. If anything, the meeting minutes confirmed that the Fed is going to keep interest rates elevated for the foreseeable future, as meeting participants explicitly warned against misinterpretation of the slowdown in its latest rate hike. "A number of participants emphasized that it would be important to clearly communicate that a slowing in the pace of rate increases was not an indication of any weakening of the Commi...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
People have a lot of preconceived ideas about what it means to buy a new construction home, and whether buying a new construction home is a good investment.But the problem is, many of those preconceived ideas simply aren’t true, and those myths are holding back buyers from exploring buying new construction, even if it might be the best move for their home purchase.So what, exactly, are those preconceived ideas—and why are they not true? A recent article from realtor.com debunked common myths about buying new-construction homes, including: New construction homes are more expensive. Will new construction homes have a higher price tag than previously owned homes? Most likely. But because everything in a new construction home is new (like the roof, appliances, HVAC equipment, and other majo...
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By Rhonda Gustitus, Real Estate's A Dream With Rhonda Gustitus Team!
(The Rhonda Gustitus Team)
OPEN HOUSE ALERT, Come see us this weekend                                             Friday, Jan 13th from 2-4 pm & Saturday, Jan 14th from 12-2 pm, Eric Gustitus will be hosting two open houses at 13375 Ballon Ave located in the beautiful community of “Gardens of Gulf Cove”. This amazing remodeled home comes with a new roof (Dec. 2022), newer A/C (2020) and newer water heater (2021)!     Saturday, Jan 14th from 1-3pm, Angelina Pitsul will show you around this incredible waterfront pool home with Gulf access, over 2,200 sqft, located in Punta Gorda Isles! 465 Sorrento Ct. You don't want to miss it! If you cannot make it, no worries, call or text us at 941-426-4394 and we can schedule a private tour!
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By Stephen Fells, Marketing, Technology, Fun and News!
(AgencyLogic)
Everyday AgencyLogic publishes real estate news and press releases from around the country.  Here are press releases for the week ending January 6th:Redfin Reports Homes Linger on the Market as Buyers Take Their TimeAnnual Home Price Growth Slows to Two-Year Low in November, CoreLogic ReportsRedfin Reports Luxury-Home Sales Sink 38%, the Biggest Decline on RecordPending Home Sales Slid 4.0% in NovemberRedfin Reports Typical Monthly Payment Is Nearly $300 Less Than October Peak, Bringing Some Homebuyers BackShare of Homes Bought With All Cash Hits Highest Level Since 2014Global Survey Shows Luxury Agents See Continuing Appeal In High-End Properties Despite Interest Rate Increases And Changes in Market DynamicsGlobal Luxury Real Estate Buyers Adapting to Uncertainty, Yet Bullish on Real E...
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By Melissa Thompson, I'm a real estate agent helping buyers and sellers
(Thompson Real Estate)
Setting up a new home's garage can be challenging, but an organizational plan can make the process easier. There are numerous organizational ideas that you can apply to get the most useful storage out of such a limited space. From overhead storage to racks and shelves, there are many ways to turn a messy garage into a functional area just waiting for whatever neatness magic you cast upon it. With seven simple organizational ideas as your guide, you will soon have a well-organized garage and plenty of extra space for your belongings.1. Sort by CategoryThe first step is to sort everything by category. Put all the tools in one area, all the holiday decorations in another, car accessories in their own area, and so on. This will make it easier to find what you're looking for when you need it...
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By RPDFW @ Salas Home Team, #1 Team in Real Estate Specialty Services
(Realty Preferred DFW)
Reason No. 1: Buyers and Sellers Are More MotivatedThe Advantage for Buyers: Homeowners who are selling during the winter season are often motivated to sell their homes quickly. That means they may be willing to negotiate on price, closing costs, closing date, and/or other terms of the deal.The Advantage for Sellers: Buyers who are willing to house hunt in the winter months, when there are fewer options, are typically more serious about buying. Reason No. 2: Less CompetitionThe Advantage for Buyers: There are usually fewer buyers in the market, which can help you avoid competition.The Advantage for Sellers: With fewer houses on the market, your house will have more attention. Reason No. 3: The Winter WeatherThe Advantage for Buyers: Seeing a house in cold, rainy, or snowy weather can gi...
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By Karen Schimpf, When Your Bank Says No, I CAN Get Your Deal CLOSE
(Commercial Capital Ltd.)
https://flic.kr/p/5PM21C One week is gone in this new year, and if you are like most people, you have already failed on 80% of your new year’s resolutions. BUT I WANT TO CHALLENGE YOU TO KEEP GOING, GET BACK ON THE HORSE. Start again this week, just taking one small step toward each goal. For GA fans, who will be up late tonight watching the Championship game, get started tomorrow-LOL.  The key is to remember it is just week 1 of a 50 week year. The battle is not won in week 1. The battle is won in week 39 when you have been nailing whatever goal it was and you are having victory out on the field of your life. So don’t get down, look at why you had a misstep last week and do better. Maybe you tried to do too much, scale it back, just do a little… I tell my staff all the time, “How do yo...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
The cost of owning a home is rising, in large part due to rising energy costs. For example, according to the U.S. Energy Information Administration, the cost of heating oil could increase up to 45 percent year-over-year, alongside projected 25 percent rises in the price of natural gas, and an 11 percent increase for electricity.With costs on the rise, it’s more important than ever for buyers to purchase energy-efficient homes.But how, exactly, do you do that?A recent article from realtor.com outlined the key features potential buyers should be looking for if they want their home purchase to be as energy efficient as possible, including: Close to work. A long commute will use a significant amount of gas, which is not only bad for your budget, but bad for the environment. If you work in a...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRES
(281-804-2291)
People might choose to live in Kingwood, Texas for many different reasons. Some of the most important ones are: Kingwood is just north of Houston, which makes it easy for people to get to everything the city has to offer while still having a more suburban feel. Kingwood has a lot of parks, greenbelts, and golf courses, like the Kingwood Cove Golf Club and the El Dorado Golf Course, which give residents a lot of chances to enjoy nature. Good schools: The Humble Independent School District, which serves Kingwood, is known for its high-quality schools and a strong commitment to education. Kingwood is close to a number of big employers, like the Johnson Space Center and the Port of Houston, which makes it a good place to live for people who work in these fields. Strong sense of community: K...
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By Ralph Williams, "The very best in sales & leadership training."
(Bottom Line University)
If you'd like to work with and learn from two of the world's most productive salespeople and leaders in history, The IMPACT Initiative might be for you. You don't reach the top by doing what everyone else is doing, or what everyone else is teaching. You get there by cutting a new path and defying the status quo. If that's what you'd really like to do... join The IMPACT Initiative and conquer a brave and bountiful new world.Ralph Williams and Doug Thompson know their business and they know how to help you break free of whatever's been holding you back. How does 271 listings in one year sound?  Or, how about ten consecutive years of closing more than 100 transactions per year?  Or, how about leading and directing companies to number one positions in listings taken, transactions closed and...
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By William Culler, Where there's a Will there's a way.
(Coldwell Banker Salute)
When it comes to real estate brokerage, there are two main options for how a company can operate: a traditional brick-and-mortar brokerage or a total cloud-based brokerage. While both options have their own pros and cons, there is a third option available: a hybrid cloud brokerage, which combines elements of both traditional and cloud-based models.A traditional brick-and-mortar brokerage operates with a physical office location and relies on in-person interactions with clients and colleagues. One of the main pros of this model is the ability to create a professional and welcoming atmosphere for clients, as well as the opportunity for face-to-face communication and collaboration with colleagues. Additionally, a physical office location can be a sign of stability and credibility for clien...
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By Hank Miller, SRA, Associate Broker & Certified Appraiser
(Ansley Real Estate/Christie's International)
Well who didn't know this was going to happen? Since no one is  is personally responsible for their actions, it's only right to find blame. Even better, sue for damages - including the emotional duress. Over 70% of home buyers have regrets about their purchases, but were they forced? Were they coerced? Or were they keeping up with their social media nonsense, FOMO to the point of stupidity.That said, the real estate sales industry will never be accused of impossibly high standards; if the check doesn't bounce the license is valid. But the buyer is the single decision maker and trying to sue anyone involved in their decision, is frivolous.Hopefully the courts see through this nonsense and tell these whiners where to go.   CLICK TO READ 
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By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty Evolution - Topsfield, MA)
It's a new year, so, we've been seeing a new set of predictions or expectations for 2023. My expectations for 2023 are simple and accurate. Expectation #1 - People will sell their homes and other real estate.Expectation #2 - People will purchase real estate.Expectation #3 = People will still need the services of Real Estate professionals.Now, others with far more data than I, have provided their thoughts for the housing market in 2023. I such organization's thoughts are below.What To Expect from the Housing Market in 2023   The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more ...
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