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Integrity in Real Estate
Updated: 1 hour 3 min ago

Unveiling the Future: AI-Driven Strategies for Real Estate Success

Thu, 02/15/2024 - 11:49

In today’s ultra-competitive real estate market, staying ahead of the curve is not just an advantage; it’s a necessity. Artificial Intelligence is not a buzzword anymore; it’s a powerful tool reshaping how real estate agents operate, connect, and succeed. At Homes for Heroes, we have identified several AI strategies that can significantly enhance your real…

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Lone Wolf Launches New Analytic Tool

Thu, 02/15/2024 - 11:40

Lone Wolf Technologies has introduced a new tool–Market Dynamics–within their BrokerMetrics software kit. “Throughout the industry, we are starting to see a rising sense of optimism and positive market indicators,” said Jimmy Kelly, CEO of Lone Wolf. “It has always been our mission to support real estate professionals in the face of every shift in…

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The Comprehensive Guide to the Pros and Cons of Buying Used Appliances

Thu, 02/15/2024 - 11:35

In today’s consumer-driven society, purchasing new or used appliances is a common dilemma. While brand-new appliances come with the allure of the latest technology and warranties, buying used appliances has advantages and disadvantages. We will examine the pros and cons of buying used appliances. Our guidance will help you decide based on your unique needs…

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Women in Real Estate: Teeing It Up for Success

Thu, 02/15/2024 - 09:49

“Find something you love and mold your opportunities around it. When your work aligns with your passions, it transforms each day into a fulfilling pursuit.” -Morgan Pankow, REALTOR®, Coldwell Banker Realty Finding the perfect “hole-in-one” property might be a fairway to heaven for any homebuyer, but for the lucky clients who get to work with…

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Mortgage Rates Rise This Week

Thu, 02/15/2024 - 09:36

The 30-year-fixed-rate mortgage average 6.77% this week, up from last week’s average of 6.64%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac.  This week’s numbers: The 30-year FRM averaged 6.77% as of February 15, 2024, up from last week when it averaged 6.64%. A year ago at this time, the 30-year…

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Multifamily Construction Decreases, but Completions Rise This Year

Thu, 02/15/2024 - 09:13

A Yardi Matrix Multifamily Supply Forecast update predicts that the company’s Q4 2023 report is still on course: new construction has eased, the under-construction pipeline is vigorous and elevated deliveries are expected for the remainder of 2024 and 2025. Multifamily markets tracked by Yardi in Q1 indicated 1.25 million units under construction, with 483,207 currently…

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Builder Confidence Rises for Third Consecutive Month

Thu, 02/15/2024 - 09:09

Continuous rate pauses from the Fed coupled with cooling mortgage rates have homebuilders feeling more and more positive, according to new data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI) found that builder confidence grew four points to 48 in February, following the seven point jump seen in…

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Anywhere Q4 and Overall 2023 Results: More Losses in ‘Incredibly Difficult Year’

Thu, 02/15/2024 - 09:08

In a combined Q4 and full-year 2023 earnings call Feb. 15, Anywhere Real Estate reported falling revenue of $1.250 billion in Q4, down 6% from Q4 2022, when it was $1.323 billion. For 2023 in full, the net loss overall was $97 million, which while not good, was at least much better than 2022’s $287…

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Economists Weigh in on the Future of First-Time Buyers

Thu, 02/15/2024 - 08:48

Although we’re in the midst of a market correction, the future of the housing market is still up in the air—with many questions centering around first-time homebuyers.  While there are still individuals embarking on the journey of first-time homeownership, it’s less than what we’ve seen in the past. Recent data from the National Association of…

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4 Ways To Practice Safety at Open Houses

Thu, 02/15/2024 - 07:35

Hosting open houses is a great way to show off your listings, chase buyer leads and meet new clients. That said, there’s always a risk with meeting unfamiliar people, and home security is an industry all unto itself. It is an agent’s job to connect with people, but safety should always be a priority. Here…

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The Playbook: Embracing AI to Save Time, Perfect Materials and Maximize Commissions

Thu, 02/15/2024 - 06:32

Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every other Thursday for another addition to the series.  In a recent…

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Paving the Way for a Successful Real Estate Experience

Wed, 02/14/2024 - 12:23

As a regional president of Coldwell Banker Realty, Rob Norman leads a region with over 60 offices and approximately 7,000 agents operating from the top of Westchester County, New York, down through the Manhattan metro area, southward into New Jersey and Delaware, and west to Greater Philadelphia and Central Pennsylvania.  Regardless of the market, or…

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Realty ONE Group Announces Expansion in Canada

Wed, 02/14/2024 - 12:01

Realty ONE Group, the self-titled ‘UNBrokerage,’ has announced the growth of its franchising across Canada, with four offices opened in the last year and more coming soon.  The company’s expansion into Canada began with the expansion into Eastern Canada in 2022, and the momentum carried the brand from coast to coast with a presence in…

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Thoughts on Leadership: The Transformative Power of Conferences

Wed, 02/14/2024 - 11:55

This week my travels find me at home in northern California. As I sit in my office this week, reflecting on the past conferences I’ve attended throughout my career and the upcoming Berkshire Hathaway HomeServices Sales Convention in March, I’m struck by the profound impact that conferences have had on my professional journey. These gatherings,…

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Foreclosure Activity Up in January

Wed, 02/14/2024 - 11:14

In January 2024, there were 33,270 properties with foreclosure filings, default notices and scheduled auctions or bank repossessions, according to ATTOM’s latest U.S. Foreclosure Market Report. This is an increase of 5% from January 2023, and 10% from this past December. The report also noted that  foreclosure starts grew nationwide month-over-month and year-over-year. Lenders began…

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CoStar Group Selects Arlington, Virginia for Global Headquarters

Wed, 02/14/2024 - 09:56

CoStar Group has selected Arlington County, Virginia for its global headquarters. The real estate giant will relocate to Central Place Tower, a 560,000-square-foot office building in Arlington, Virginia in late 2024. CoStar Group will occupy 175,000 square feet of commercial office space and employ 650 workers at the facility, located at 1201 Wilson Boulevard. “Virginia’s…

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Mortgage Applications Decrease This Week

Wed, 02/14/2024 - 09:55

Mortgage applications reversed course this week, decreasing 2.3% from last week’s increase of 3.7%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending February 9, 2024. Here are this week’s numbers:  The Market Composite Index, a measure of mortgage loan application volume, decreased 2.3% on a…

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Nykia Wright Speaks Out

Wed, 02/14/2024 - 09:10

While her career path and accomplishments are impressive by any measure, perhaps the most important thing to know about National Association of REALTORS® (NAR) interim CEO Nykia Wright—right now, in this moment—is that she is no stranger to handling adversity. Having served as a media CEO during a challenging period of upheaval, Wright is comfortable…

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Zillow Revenue Up Again in Q4 2023, but Annual Net Loss Persists

Wed, 02/14/2024 - 07:08

In a fourth quarter and full-year 2023 earnings call Feb. 13, Zillow Group basically sang the same song as it did for its Q3 report: solid quarterly revenue of $474 million, 9% higher than a year earlier, but a net loss of $73 million, about the same negative number from Q4 2022.  Regarding the full-year…

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PropStream Among Attendees at Upcoming MLS Workshop

Tue, 02/13/2024 - 13:21

PropStream, a leading lead generation platform, has announced the company will be attending CoreLogic’s Clareity24 Workshop for MLS executives upcoming in Scottsdale, Arizona, from February 26-28, 2024.  Related: Propstream Announces New Mortgage Feature PropStream’s CEO, Brian Tepfer and Monica Pena, Head of Industry Relations, will be in attendance to discuss PropStream’s role in streamlining lead…

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