Lone Wolf enhances deal making with digital forms overhaul: Tech Review

Lone Wolf's new forms editor for its zipForms edition of Transactions is a sleek, modernized method for quickly authoring and executing all the documents required to keep a deal moving from contract to close.

Fannie Mae’s latest forecast is a shocker: The Real Word

This week, Byron Lazine and Nicole White discuss Fannie Mae's new prediction for existing-home sales, summer marketing and the Marketeer.

Uncertainty in real estate is inevitable. Use these tips to keep pushing ahead

Drown out the noise, and remain focused on service and networking, advises Christine Carr. If you do, periods of uncertainty can become less of a roadblock and more of an opportunity.

Orchard lays off nearly 100 employees — but is still hiring

Power Buyer confirms that it intends to fill about 50 job openings in its mortgage, real estate brokerage, marketing and finance departments.

Discrimination stops 40% of trans buyers from buying dream home

Although the LGBTQ community has experienced several federal victories over the past two years, Realtor.com's latest survey with the LGBTQ Real Estate Alliance reveals LGBTQ consumers — especially transgender buyers and renters — are still on the outskirts of the market.

Owning becomes more expensive than renting as rates, prices surge

Homeownership is 31 percent more expensive than renting, nationally. With demand shifting and the market for home purchases cooling, homebuilders now court investors, a report notes.

Tomo’s new Lock and Shop: lock a rate now without a property address

Tomo's Lock and Shop service fee is $750, which homebuyers can recoup when they work with Tomo Brokerage partner agents. Homebuyers can choose either a 90- or 120-day rate lock.

Shut the front door! This 1 design choice can net sellers $6,500 more

Homebuyers love bold neutrals on front doors, while they eschew unorthodox shades like pink and cement grey, according to survey results released Thursday by Zillow.

Brown Harris Stevens appoints property management director

The New York City-based brokerage has named Richard Horovitz as its residential property management division's senior vice president and director of residential property management.

Experts share how building community can build your business

Helping to create community can help build the business pipeline, experts said at Inman Connect Now. But real estate professionals should approach it from a place of genuine generosity.

Marketing can be tough in a shift. These experts show how to nail it

Industry experts said at Inman Connect Now that real estate agents need to focus on the basics, education and their communities, as market winds change direction.

Proptech investor Paul Hurst sees a ton of opportunity in market shift

The problems that proptechs are trying to solve — inefficiencies in real estate transactions — remain, said Parker89 Managing Director Paul Hurst, while speaking at Connect Now.

Agents: Beware the pessimists predicting crash as market shifts

Real estate agents can keep clients informed about a changing market without buying into doomsday proclamations, three top brokers argued on Thursday at Inman Connect Now.

3 CEOs share their tips on tackling affordability: ‘It’s a time to fight’

Homeward CEO Tim Heyl, Divvy CEO Adena Hefets and Flyhomes CEO Tushar Garg dished on how the market shift has impacted Power Buyers at Inman Connect Now on Thursday.

Broker Spotlight: Sarah Ellis, Corcoran Classic Living

This week the Spotlight shines on Sarah Ellis, an Athens, Georgia real estate broker focused on service and sincerity.

Homes for Sale in Westchester and Connecticut

This week’s available properties are a five-bedroom house in Ossining, N.Y., and a four-bedroom in Westport, Conn.

Homes for Sale in New York City

This week’s available properties are on the Upper East Side, in Kensington and in Forest Hills.

How the Federal Reserve is Helping the Housing Market

At first glance, it might seem intuitive that rising interest rates will have a negative effect on the housing market. However, with a little more thought, the opposite is more likely to be true. Interest rates rising today and for the next several months is probably good for the housing market. Specifically for home buyers and real estate agents in need of more inventory on the market and at more stable prices. Is the Federal Reserve the answer?

In his remarks to reporters on June 13, Federal Reserve Chairman Jerome Powell said…

“Obviously, we are watching that quite carefully [prices and mortgage rates]. … It’s a very tight market. … So, it’s a complicated situation and we watch it very carefully. … We need to get back to a place where supply and demand are back together and where inflation is down low again, and mortgage rates are low again.”

Realistic Mortgage Rates Return

Historically low interest rates for the past couple of years have enabled housing prices to soar at an astonishing rate. Desperate buyers bid up prices to unaffordable levels in a race to get a purchase locked in before prices went even higher. At the same time, potential sellers delayed listing houses on the market in hopes that prices would go higher. That is all ending now with higher and still rising interest rates, which when combined with peak prices have drawn an unaffordability line in the sand that many potential buyers cannot cross.

That means fewer buyers in the market – which also means lower demand. At the same time, prices are close to the peak in this market cycle. For sellers that want top dollar, now is the time to sell. That means more inventory is entering the market. With rising interest rates, we can expect supply and demand to move towards a more balanced market.

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What these eerie parallels to the past 4 real estate market crashes may foreshadow

Looking at the history of the last four market downturns indicates turbulent times may be ahead, according to coach and author Bernice Ross. The best agents and brokers will start preparing now.

Systems, support and opportunity: What your agents need from you

When you're providing leadership, nothing says more than your actions, according to The Agency's Mauricio Umansky. Your goal as a leader is to give your team what they need to thrive, succeed and feel supported every step of the way.

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