Created for newsletter@newslettercollector.com |  Web Version
May 11, 2023
LinkedInFacebookTwitterInstagramYoutube
Powered by REALTOR® MagazineSIGN UP ⋅   SHARE
Top News
The Federal Housing Finance Agency rescinded a proposed fee that would have been based on a borrower's debt-to-income ratio. NAR counts it as an advocacy win.
Full Story: REALTOR® Magazine (5/10) 
LinkedIn Twitter Facebook Email
The Listing Presentation Templates & Scripts You Need in 2023
Sellers are anxious about listing in this new market. Make sure you can handle their concerns and ensure you walk away with a signed listing agreement with these must-have listing presentation templates and scripts!
Click here to get the new templates & scripts today: Download Now!
ADVERTISEMENT:
Best Practices in Sales & Marketing
You have access to exclusive market research that brokers can use to train their team and agents can use to prepare clients for the buying and selling process.
Full Story: REALTOR® Magazine (5/11) 
LinkedIn Twitter Facebook Email
Stay ahead of the curve by watching these important dynamics.
Full Story: REALTOR® Magazine (5/11) 
LinkedIn Twitter Facebook Email
Stop faking it and start failing toward success
(sompong_tom/Getty Images)
Acting like you have command of a situation can backfire if it prevents you from learning how to handle it properly, author and executive coach Laura Gassner Otting writes. A beginner's mindset of learning new things and continuing to grow ultimately can cement you as a stronger communicator and businessperson.
Full Story: SmartBrief/Leadership (5/9) 
LinkedIn Twitter Facebook Email
Don't act cold when employees say they're burned out
(Ирина Мещерякова/Getty Images)
Many managers never learned the drill for helping employees with burnout, but "stop, drop and roll" isn't too far from the emergent response they need from you, Noemie Le Pertel, CEO Institute for Global Flourishing, writes. Take the problem seriously, discover the root of their burnout, work with them on solutions and follow up, Le Pertel advises.
Full Story: Harvard Business Review (tiered subscription model) (5/10) 
LinkedIn Twitter Facebook Email
Real Estate Trends
Housing economists: Fed policy now hurting real estate
NAR Chief Economist Lawrence Yun discusses the Federal Reserve’s most recent interest rate hike at the Residential Economic & Trends Forum. (National Association of REALTORS®)
The Federal Reserve's continual interest rate hikes are freezing lending activity, which undermines efforts to build homes and relieve inventory, says NAR's Lawrence Yun and NAHB's Robert Dietz.
Full Story: REALTOR® Magazine (5/11) 
LinkedIn Twitter Facebook Email
Despite extensive damage and having been abandoned for more than a year, this Miami Shores, Fla., property attracted multiple offers after listing for $650,000. "Due to where it is located, I'm not surprised [it received offers]. It's a beautiful neighborhood, it's highly desirable, has great schools and in is a great location, so I wasn't so shocked," says listing agent Tamika Moses.
Full Story: CBS News (5/10) 
LinkedIn Twitter Facebook Email
Manhattan holds the priciest residential listings in all of New York, with buyers attracted to the locations with proximity to the waterfront, shops and green spaces. Median list price for the area is $4.55 million.
Full Story: The Wall Street Journal (5/10) 
LinkedIn Twitter Facebook Email
Fair & Equitable Housing
The first-ever deposit-free mortgage launches in the U.K.
(Future PLC)
A new first-time buyer mortgage in the U.K. lets buyers finance 100% of the home's value as a way to help people break the cycle of renting. Some say these five-year loans also bring the risk of negative equity for buyers if home values decline.
Full Story: Ideal Home (5/10) 
LinkedIn Twitter Facebook Email
Legislation & Regulation
The Federal Reserve's latest report on financial stability and its survey of bank loan officers have indicated banks are tightening their credit conditions, but the Fed has played down the likelihood of an impending crisis. Fed Governor Philip Jefferson commented this week: "Data showing that banks have started to raise lending standards ... is typical for where we are in the economic cycle. The economy has started to slow in an orderly fashion."
Full Story: Reuters (5/10) 
LinkedIn Twitter Facebook Email
The consumer price index increased 4.9% year over year in April, with core inflation at 5.5%. The readings show that, while inflation remains stubbornly elevated, price pressure has not worsened. This could provide Federal Reserve policymakers with substantial evidence that a pause in interest-rate increases might be warranted.
Full Story: The Wall Street Journal (5/10),  Bloomberg (5/10) 
LinkedIn Twitter Facebook Email
Sharing Navigate With NAR Powered by REALTOR® Magazine with your network keeps the quality of content high and these newsletters free.
Help Spread the Word
SHARE
Or copy and share your personalized link:
smartbrief.com/nar/?referrerId=niiEhFArgr
LEARN MORE:
nar.realtor  |    magazine.realtor  |    Contact NAR  |    Advertise With NAR
About The National Association of REALTORS®
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
SmartBrief Publishes More Than 200 Free Industry Newsletters - Browse Our Portfolio
Sign Up Through SmartBrief  |    Update SmartBrief Profile  |   
Unsubscribe  |    Privacy Policy
CONTACT SMARTBRIEF: FEEDBACK  |    ADVERTISE
SmartBrief, a division of Future US LLC ©
Full 7th Floor, 130 West 42nd Street, New York, NY, 10036