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REALTORS® are donating more money, time to charity | Photo editing, framing help listings look their best | Mortgage rates essentially have doubled, MBA says

Created for [email protected] | Web Version

September 15, 2022

Top News

REALTORS® are donating more money, time to charity Real estate professionals are deepening their involvement in giving back to their communities, according to a new NAR report. Full Story: REALTOR® Magazine (9/15)

	Listing Presentation Checklist \| Listing Presentation PDF These Listing Presentation templates make you stand out from the competition. Give your prospects and clients a reason to place a premium on your expertise. Includes real listing presentation templates, scripts, and strategies. Click here to get the templates today: Download Now!

Best Practices in Sales & Marketing

Photo editing, framing help listings look their best While laws in some locations govern accuracy in real estate photos, professionals use many tricks to make listings appealing, including framing and color enhancements. Full Story: The Guardian (London) (9/10)

Real Estate Trends

Mortgage rates essentially have doubled, MBA says Average mortgage interest rates have reached 6%, a threshold last seen in 2008, according to the Mortgage Bankers Association. The rate is "essentially double what it was a year ago," MBA's Joel Kan says, adding that it has "contributed to more home buyers staying on the sidelines." Full Story: CBS News (9/14)

Changing market may be good news for renters A slowdown in home sales will put some single-family properties on the rental market and attract renters with lower prices. These factors are likely to bring down rent rates in multifamily buildings, according to a report by Integra Realty Resources. Full Story: GlobeSt (free registration) (9/14)

Technology & Innovations

The best video doorbells for your smart home The technology has improved, new models have come out and options have expanded. We've tested eight popular new video doorbells to provide you with the most up-to-date information so you can make the best decision for yourself and your clients. Full Story: REALTOR® Magazine (9/2)

Twitter touts platform as news source Roughly 94% of Twitter users are interested in current events, 75% visit the platform at least once a day for news and 55% rely on it as an information source over other social media, according to internal studies and collaborations with Pew Research Center, Sparkler and YouGov. Research also found more than 80% of young journalists rely on the platform to help them with their work. Full Story: Adweek (9/13)

Business Wellness

Pros should watch spending to weather slowing market The creation of an emergency fund, watching spending and delaying major purchases are recommended steps for real estate professionals amid the current market slowdown. Now is not the time to cease investment in marketing, writes wealth adviser Lisa Brown. Full Story: Kiplinger (9/15)

Fair & Equitable Housing

3 practical ways to make fair housing a reality Even with a renewed emphasis on housing equity, many states do not require continuing education on fair housing. And for those that do, are agents equipped with practical tools on how to make a meaningful, positive impact in the real estate industry? Full Story: REALTOR® Magazine/The Lounge (9/14)

Los Angeles considers ending eviction protections The Los Angeles City Council's Housing Committee is recommending that eviction protections end Feb. 1. Stopping pandemic-related protections for tenants will require City Council approval. Full Story: Los Angeles Times (tiered subscription model) (9/14), Los Angeles Daily News/City News Service (9/15)

Legislation & Regulation

Biden: More time needed to tame inflation President Joe Biden played down the August consumer price index, which showed a marginal monthly increase in headline inflation, telling reporters "we're talking about one-tenth of one percent" and noting that "more time and resolve" are needed to tame inflation. "The economy is still strong, unemployment is low, jobs are up, manufacturing is good," Biden said. "So I think we're gonna be fine." Full Story: BNN Bloomberg (Canada) (9/13), The New York Times (9/13), USA Today (9/13)

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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.

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