From scrambling to systematic: A better open house plan

Grow your database and grow your real estate business with Jen Berbas’ systematic plan for goal-setting, open house hosting and buyer follow-up. Continue reading

Homebuilders’ rate buydowns are leaving buyers underwater: WSJ

The American Enterprise Institute estimates that 64 percent of homes sold by the largest homebuilders provide permanent mortgage rate buydowns, which often don’t count as seller concessions. Continue reading

‘Not a shift, a transition,’ 2 reports say of homebuying market

Is it a buyers’ market or not? In separate market reports published on Thursday, Redfin and Realtor.com aimed to answer the question by looking at home price, home sales and inventory trends, which signal that homebuyers are gaining the upper hand — bu… Continue reading

Here are the markets where homebuyers have the upper hand

Realtor.com’s August market report revealed the emergence of a balanced market, with pockets of dominance for buyers in the Southeast and West. However, economic headwinds are suppressing sales, with contract signings and delistings rising annually dur… Continue reading

Will home sales rebound? Closely watched forecasts say, ‘Yes’

Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading

3 secret AI prompt strategies that supercharge your business

By using master, meta- and mega-prompts together, Bernice Ross writes, you can take the guesswork out of AI, and start building repeatable systems that make your business run smoother. Continue reading

Here’s why builders are slamming the brakes on new apartments

According to a new Redfin report, building permits for multifamily units have plunged 27.1 percent from their pandemic-era highs, with new rentals now hitting the market at the slowest pace on record. Continue reading

Agents tell hoarder horror stories: ‘The sheriff couldn’t even go in’

From towering garbage to high-level stench, agents told Inman their most traumatic tales from clutter-inclined clients following the discovery of a home filled with “millions” in old comic books. Continue reading

Hybrid work, shifts to affordable cities likely to be long-term trends

As many as 60 percent of companies may consider a mix of remote and in-office work, which would have major implications for the housing market, panelists said during a session of the Urban Land Institute’s virtual Spring Meeting conference. Continue reading

Opendoor and MoxiWorks are teaming up to provide cash offers

Agents that use MoxiWorks’ technology platform will soon be able to include a cash offer from the well-funded iBuyer startup Opendoor in their listing presentation. Continue reading