Housing Wire

OCTOBER 8, 2021

Skyrocketing U.S. home prices are quickly shifting the affordability calculus for prospective homebuyers in 2021 — even though mortgage rates have remained near record lows. The median home price nationwide in August increased 14.9% from a year ago to $356,700, according to the National Association of Realtors. August marked the sixth consecutive month where median home prices increased by double-digit percentages from a year ago.

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Renovation Marketing Fixed-rate mortgage Mortgages 542

Keeping Current Matters

OCTOBER 8, 2021

Some Highlights. Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply. If you’re thinking of selling, work with a trusted agent to understand your local area and how you can take advantage of today’s housing market.

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Marketing Construction Agents Mortgages 203

Housing Wire

OCTOBER 8, 2021

Total non-farm employment added a disappointing 194,000 jobs in the month of September, bringing the unemployment rate down to 4.8%, according to the U.S. jobs report released on Friday. This is the ninth consecutive month of net payroll gains, however employment has yet to return to pre-pandemic levels. After losing 3,000 jobs in August , the construction sector added 22,000 jobs in September.

Construction 420

Construction Residential Development Mortgages 420

Maximum Exposure Real Estate

OCTOBER 8, 2021

Over the past year, a few of my clients have asked me what is coming soon real estate marketing and how it works. If you have paid much attention to the real estate market lately, you have probably noticed “Coming Soon” on the occasional yard sign or certain Zillow listings. The coming soon real estate […]. The post Pros and Cons of Coming Soon Real Estate Marketing appeared first on Massachusetts Real Estate Exposure.

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Marketing 138

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Housing Wire

OCTOBER 8, 2021

The Consumer Financial Protection Bureau (CFPB) today settled a lawsuit against the nation’s largest reverse mortgage lender for allegedly sending consumers inflated home valuations. In a lawsuit filed today in the U.S. District Court of California’s Central District, the CFPB alleged that Irvine, California-based American Advisors Group (AAG) sent borrowers deceptive and inflated home estimates in direct mailers to convince consumers to take out a reverse mortgage.

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Realty Biz

OCTOBER 8, 2021

If you’ve never owned rentals before, you must understand four basic principles if you want to be successful: It’s not your dream house. Numbers matter. Financing can be complicated. You will make mistakes. That’s OK. These quick tips will get you started and help you decide if you’re ready to make money with investment property. 1. Don’t Be Emotional.

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Finance Property Management Investor Residential 117

Realty Biz

OCTOBER 8, 2021

Most people begin their real estate search online so it’s not surprising that the vast majority of agents are adopting technology tools that can help with marketing their listings and closing transactions. According to the 2021 Real Estate in a Digital Age report by the National Association of Realtors, 41% of more than 6,000 executives and senior managers say one of the biggest headaches they will face in the next two years is keeping up with all of the new technology that has become essential

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Housing Wire

OCTOBER 8, 2021

The private-label residential mortgage-backed securities market has been resurrected from its near-death following the global financial crisis a decade and a half ago. This year it is on track to securitize loan volume approaching or even exceeding $100 billion, and driving a healthy share of that secondary market business is J.P. Morgan , the investment bank side of New York-based banking holding company J.P.

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Principal Banks Residential Loans 282

Realty Biz

OCTOBER 8, 2021

Real estate agents might want to be more careful about when they hit that ‘send’ button, as whatever they say in an email could be legally binding, according to a July ruling by a New York State appellate court. The advice is especially prudent when conducting negotiations over email, experts say. The case in question was in regard to settlement negotiations that took place via an exchange of emails between two attorneys.

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As-is Agents 113

Better Dwelling

OCTOBER 8, 2021

Canada’s largest bank observed the fastest deterioration of home prices in decades. RBC economists crunched the numbers on housing affordability for Q2 2021. The bank found the share of income needed to carry ownership costs on the purchase of a home has surged. Even with negative mortgage rates (or because of?), affordably made the biggest […].

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Banks Mortgages 109

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Realty Biz

OCTOBER 8, 2021

New technology is constantly developing, replacing older technology with items that are faster and more efficient. Most home technologies are created to save people time and make their lives easier. Although some of these technologies are trends that do not ever become prevalent in households, many are here to stay as their manufacturers make continuous improvements.

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Technology Branding Development As-is 113

Easy Agent Pro

OCTOBER 8, 2021

Nearly 4 million Americans walked away from their jobs in July, 2021, a phenomenon labeled “The Great Resignation.”. The reasons for the mass exodus are varied, according to Carmen Reinicke at CNBC.com. Some of them include: The desire for more flexibility in their working conditions, especially the ability to work remotely. This is high on list of several of the surveys we viewed.

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Property Management Loan Officer Loans Agents 109

Realty Biz

OCTOBER 8, 2021

There is a lot more to selling your home than just putting up an ad or a for-sale sign. You will have to take the time to prepare your home. You need to do the following things to prepare your home to be put on the market. Make All of the Necessary Repairs. Even if you have taken good care of your home, it is subjected to normal wear and tear. Minor issues, such as a squeaking door and a window that sticks, are things that a potential buyer will pay attention to.

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Marketing Inspection Agents Sales 109

The American Genius for Real Estate

OCTOBER 8, 2021

(CORPORATE) REX Homes has just concluded a second round of layoffs and has indicated they will be joining MLSs as part of their restructure. The post REX Homes has second round of layoffs, closes NY and CHI markets, plans to join MLSs appeared first on The American Genius Real Estate.

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Closing Marketing 105

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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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Fancy Pants Homes

OCTOBER 8, 2021

While the South African comedian/late night host is no longer filming his show inside his New York City apartment, that doesn’t mean we’re any less curious about where Trevor Noah lives. In fact, his time as host of The Daily Social Distancing Show — a new format he switched to during the first year of the pandemic, when he and other late night hosts like Jimmy Kimmel, Stephen Colbert , or Jimmy Fallon, all started recording segments from inside their homes — only made fa

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Design Development As-is Industrial 105

RIS Media

OCTOBER 8, 2021

It’s that time of year again. Pumpkin spice everything is on the menu, and the holiday season is on the horizon. For agents, it’s also time for you to get some end-of-the-year contracts signed as demand persists and the market frenzy and competition cools down a bit. With summer in your rearview mirror, it’s an excellent time to revamp your home staging strategies to set the autumn vibe.

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Staging Agents As-is Marketing 103

Eye on Housing

OCTOBER 8, 2021

Job gains slowed for the second straight month amid the resurgence of COVID-19 cases. Total payroll employment rose by 194,000 in September and the unemployment rate dropped to 4.8%. For the coming months, job gains are expected to accelerate as COVID-19 cases began to subside. Despite the slowdown in total nonfarm payroll employment, aggregate construction industry (both residential and non-residential).

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Residential Construction Industrial 100

RIS Media

OCTOBER 8, 2021

The National Association of REALTORS® (NAR) is proposing a series of changes to its multiple listing services (MLS) in the new year, according to recent reports. NAR’s MLS Technology and Emerging Issues Advisory Board passed a bundle of motions focused on sprucing up the transparency and functionality of its association-operated MLS for participants and subscribers.

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MLS Technology Brokerage Equity 99

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

First Team Real Estate

OCTOBER 8, 2021

LAGUNA BEACH, CA – Synonymous with coastal luxury real estate across Orange County, expert Meital Taub – principal of the Meital Taub Luxury Group – recently represented both the buyer and seller of 465 Hilledge Dr. in Laguna Beach, closing sale for $4,425,000. As one of the industry’s most sought-after luxury real estate experts, this sale is one of many impressive transactions for Meital Taub Luxury Group, having closed over $172 million year to date.

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Principal Agents Closing Finance 98

Waterfront Properties

OCTOBER 8, 2021

The 62nd Annual Fort Lauderdale International Boat Show is taking place October 27 through October 31, 2021, at the Bahia Mar Yachting Center. Fort Lauderdale is known as the “Yachting Capital of the World” and is hosting the infamous boat show. The boat show, known as the greatest boat show on the seven seas, will bring the ultimate in luxury yachts and cutting-edge marine technology to Southeast Florida.

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Staging Technology Design As-is 98

RIS Media

OCTOBER 8, 2021

Water damage is caused by storms, flooding, roof leaks, damaged pipes, leaking washing machines and more. If not addressed, water damage can eventually cause structural damage, which can mean significant costs to repair and can negatively affect a home’s value. Prevention is the first line of defense against water damage in the home. Here are some basics on preventing water damage and its effects: 1.

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Inspection As-is Agents 98

Waterfront Properties

OCTOBER 8, 2021

Hungry for a delicious steak? Or maybe you are just looking for the perfect place for a wonderful evening with friends or a romantic dinner for two. Three of our favorite restaurants in Palm Beach County are sure to appease. 1000 North, 1000 U.S. Highway 1 is on the Jupiter Inlet. Patrons can relax and watch a tranquil sunset at this remarkable restaurant.

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As-is Marketing 96

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

RIS Media

OCTOBER 8, 2021

Jobs are on the rise, but September growth was slow—a follow-up to a slow August. According to the latest report from the Labor Departmen t, employers added 194,000 jobs for the month, and unemployment decreased by 0.4 percentage points to 4.8%. Most job gains occurred in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing.

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Construction Industrial Residential Mortgages 95

The Mortgage Report

OCTOBER 8, 2021

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. That means we haven’t seen a fall since Monday. Still, these rates remain extraordinarily low by historical standards. This […].

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Mortgages 96

RIS Media

OCTOBER 8, 2021

MooveGuru has announced YourHomeHub , which will be the first consumer portal that is “Everything Home,” according to the company. The platform, which will launch in mid-November, will allow homeowners to manage both the financial details and physical elements of their home. The consumer can monitor extensive information about their home and local market conditions, store important documents, generate estimates for home repairs and find a local contractor for over 1,000 different ho

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MLS Title Branding Brokerage 86

Toronto Realty Blog

OCTOBER 8, 2021

TorontoRealtyBlog. One of the agents on my team just asked what I was writing about for tomorrow’s blog, and I told him. “Oh, so then it’s ‘mail-it-in Friday’ then?” he replied. Tsk Tsk. I take a lot of crap in here, you know. I might be the team lead but man-oh-man, am I the brunt of more than my fair share of jokes.

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Finance Closing Marketing Investor 84

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Agents

RIS Media

OCTOBER 8, 2021

Realogy Holdings Corp. recently announced an agreement to form a Title Insurance Underwriter joint venture with an investment from funds affiliated with Centerbridge Partners, L.P., a private investment management firm. As part of the agreement, Centerbridge funds will purchase a controlling 70% interest in Title Resources Guaranty Company, Realogy’s insurance underwriter, for $210 million in cash, subject to closing adjustments, valuing the asset at $300 million.

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Title Equity Brokerage Closing 84

Realtor.com

OCTOBER 8, 2021

Bathrooms can level up from pure function to posh with one small change. Here are our five favorites from Instagram this week—and how to steal the looks. The post 5 Tres Chic Bathroom Decor Looks We Love on Instagram This Week appeared first on Real Estate News & Insights | realtor.com®.

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Brownstoner

OCTOBER 8, 2021

While events are not back in full swing in Brooklyn, this year does see the return of more fall festivals to get you into the spirit of the season. There are hands-on activities for all ages, food, music and, of course, pumpkins to be found at shindigs scattered across the… Read More > The post 4 Fall-Themed Brooklyn Events to Get You Ready for the Season appeared first on Brownstoner.

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Point2Homes

OCTOBER 8, 2021

This gorgeous Cape Code rental is the perfect place to get away from the hustle and bustle of daily life. Located in the Harwich Point resort area, it features a private beach, fantastic outdoor lounge spaces, a pool, a tennis court, and plenty of space indoors and outdoors for entertaining or relaxing. The ocean views are picture-perfect, and the home itself has been beautifully decorated.

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As-is 82

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales