Housing Wire

OCTOBER 13, 2021

Home prices are currently up 20% year-over-year, but according to a new Goldman Sachs market forecast, they may not have reached their peak yet. Not even close. Goldman Sachs economists predict that home prices will grow another 16% by the end of 2022. The rapid increase in home prices over the past year is due to a number of colliding factors, including low interest rates, tight housing inventory, pandemic-induced migration patterns and an increase in millennials entering the home buying market

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Construction Investor Marketing Industrial 533

Keeping Current Matters

OCTOBER 13, 2021

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space. 69% of respondents want a home office (48% wanted multiple offices). 46% of respondents want a multi-function room/flexible space. 42% of respondents want an au pair/in-law suite. 39% of respondents want an exercise room/yoga space

Renovation 272

Renovation Equity Mortgages Design 272

Housing Wire

OCTOBER 13, 2021

Mortgage application activity was largely flat for the week ending Oct. 8, despite mortgage rates reaching their highest level since June. That’s according to the latest mortgage application survey from the Mortgage Bankers Association , which said applications overall increased just 0.2% from the prior week. “An increase in home purchase applications offset a slight decline in refinances,” said Joel Kan, the MBA’s vice president of economic and industry forecasting. R

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Mortgages Fixed-rate mortgage Loans Industrial 415

Better Dwelling

OCTOBER 13, 2021

Hong Kong, New York City, and Paris? They have nothing on Canada’s biggest real estate bubbles. UBS released its annual Global Real Estate Bubble Index today. Two Canadian cities managed to rank near the top of the charts — Toronto and Vancouver. Toronto home prices now rank as the second biggest bubble in the world. […]. The post A Global Swiss Bank Named Toronto The 2nd Biggest Real Estate Bubble In The World appeared first on Better Dwelling.

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Banks 145

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Agents

Housing Wire

OCTOBER 13, 2021

Chicago-based mortgage originator Interfirst Mortgage Co. has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Principals of the private holding company StoicLane led the round, the firms said on Wednesday. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said.

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Mortgages Investor Loan Officer Principal 299

Better Dwelling

OCTOBER 13, 2021

Global real estate prices have uncharacteristically surged during the recession. It didn’t come without consequence, warned the International Monetary Fund (IMF), this week. The agency’s regular Financial Stability Report said global home prices are now stretched. Stimulus policies backstopped the market, creating moral hazards. Buyers now have a “can’t lose” feeling, pushing them to pay […].

Marketing 135

Marketing 135

Realty Biz

OCTOBER 13, 2021

As competition for limited housing inventory intensifies, buyers are bidding up home prices. But many have found that the tactic of making an aggressive bid to beat out other offers backfires, as the appraised value of the home falls well below the agreed price. The National Association of Realtors’ latest Confidence Index Survey , based on a poll of real estate professionals’ transactions, found that 23% of all sales were delayed due to appraisal issues and that 12% of the proposed deals ultima

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Sales Finance Lending Mortgages 117

RIS Media

OCTOBER 13, 2021

Mortgage applications increased 0.2% for the week ending Oct. 8, 2021. According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, the Market Composite Index, a measure of mortgage loan application volume, increased 0.2% on a seasonally adjusted basis from the previous week. Unadjusted, the Index increased 0.4% compared to the previous week.

Mortgages 102

Mortgages Loans Industrial Marketing 102

Sotheby's International Real Estate

OCTOBER 13, 2021

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??. Concord, Massachusetts | Barrett Sotheby’s International Realty . In a stunning marriage of function and form, this striking home masterfully elevates the essence of today’s lifestyle. Its completion spanned three years due to a laser focused collaboration of extensive thought, high level of detail, and amazing woodwork; the final result is a phenomenal archi

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Agent Drive

OCTOBER 13, 2021

Laundromats, whether coin-operated or washed by laundry experts, have been considered a recession-resistant business. Investors assure business-minded people seeking new business ideas that laundromat stays highly profitable even in economic downturns, even in this pandemic. It is a great business when you will build your business in a surrounding community.

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Investor Marketing 105

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

BubbleInfo

OCTOBER 13, 2021

Rob Dawg suggested that the total volume of the frenzy must be remarkable. Both sales and pricing are higher, and the higher-end markets have never had it so good. NSDCC Total Sales Volume, First Three Quarters of the Year Year # of Sales Under $2M Dollar Volume # of Sales Over $2M Dollar Volume 2017 […].

Sales 104

Sales Marketing 104

Point2Homes

OCTOBER 13, 2021

Image: Zivica Kerkez / Shutterstock.com. TV shows make house flipping look like a sure-fire way to make a lump of easy cash. However, the reality is often quite different, and there are several things worth considering before getting started. It’s always best to go in with your eyes open, so with that in mind, here are seven things to think about. Your Job.

House Flipping 98

House Flipping Renovation Equity Loans 98

RIS Media

OCTOBER 13, 2021

Halloween is right around the corner, and there’s no better time than now to incorporate this spooky holiday into your social media marketing strategy. Whether you’re looking to draw attention to a new listing, generate new leads or bump up the engagement on your posts, having a little fun can go a long way…and Halloween is known for being among the most fun holidays of the year!

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As-is Marketing Agents Sales 97

First Team Real Estate

OCTOBER 13, 2021

Whether you’re a regular at a Farmers Market already or just hoping to get in the groove of buying local and buying fresh, it’s time to start exploring Orange County’s selection of homemade goods and fresh produce. Grab your reusable tote and let’s get some organic, glutten-free, vegan treats! Irvine Farmers Market. 5001 Newport Coast Dr Irvine, CA 92603 Saturdays 8AM-Noon orange.cfbf.com.

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Marketing As-is Closing 98

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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.

Sales

RIS Media

OCTOBER 13, 2021

Headlines have been dominated by iBuyers for years, but there’s a much bigger story in the real estate market today: More sellers are using the services offered by a group of innovators and disruptors known as “Power Buyers.” They all share one common denominator: they dramatically increase the consumer’s home-buying power. Unlike iBuyers, Power Buyers are already operating nationwide, empowering cash-strapped buyers with all-cash offer options, helping sellers become buy

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Brokerage Finance Sales Technology 95

The Mortgage Report

OCTOBER 13, 2021

Today’s mortgage and refinance rates Average mortgage rates edged higher again yesterday. But that may have been lenders catching up with rises that they failed to implement last Friday. This […].

Mortgages 98

Mortgages 98

Waterfront Properties

OCTOBER 13, 2021

Join the Loxahatchee River Center of Jupiter every Saturday from 2pm for a free public tour of the aquariums. Not only do you and the kids get to learn all about local Southeast Florida wildlife, but you’ll have the opportunity to see the fish in action during feeding time River Center staff provide information on each of the exhibits. Guests have the chance to see the fish being feed during feeding time.

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Eye on Housing

OCTOBER 13, 2021

Inflation accelerated in September, as prices for food and shelter showed notable gains. Federal Reserve officials described the current inflation run as “transitory”, and attributed recent increases largely to supply-chain constraints and a surge in consumer demand as the economy reopened. And they expected “inflation pressures to ease as the effect of these transitory factors dissipated.

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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

RIS Media

OCTOBER 13, 2021

The total number of loans now in forbearance decreased by 27 basis points from 2.89% of servicers’ portfolio volume last week to 2.62% as of Oct. 3, 2021. According to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey , 1.3 million homeowners are currently in forbearance plans. The findings: – Fannie Mae and Freddie Mac loans in forbearance decreased 17 basis points to 1.21%. – Ginnie Mae loans in forbearance decreased 41 basis points to 2

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Loans Banks Mortgages Marketing 78

Realtor.com

OCTOBER 13, 2021

Here are some things to consider before making an offer on a house that could save you a whole lot of time, money, and potential headaches down the road. The post Found The One? 10 Things To Do Before Making an Offer on a House appeared first on Real Estate News & Insights | realtor.com®.

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Coldwell Banker

OCTOBER 13, 2021

Extra, extra! Read the top 10 news items that ran in September about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – September 2021 appeared first on Coldwell Banker Blue Matter.

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Agents 90

Brownstoner

OCTOBER 13, 2021

Sometimes the right things come to you at the perfect time. For the artist Samantha Bittman, it was weaving, which she first discovered as a freshman undergraduate student at the Rhode Island School of Design. A friendly teaching assistant was a textiles major and used to share her projects. Bittman… Read More > The post Artist Samantha Bittman Combines Her Love of Weaving With Paint appeared first on Brownstoner.

Design 87

Design 87

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

Notorious ROB

OCTOBER 13, 2021

Let us continue with the hope-mongering, looking at the bright side of armageddon (for the real estate industry). This entire series assumes that some combination of civil anti-trust lawsuits and the federal government results in the end of cooperating compensation. There’s already quite a bit of handwringing going on about that prospect, with authors and.

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Industrial MLS 83

Brownstoner

OCTOBER 13, 2021

In the News Six Spooky Halloween Events for Brooklynites to Enjoy [BP] Borough Park Has the Lowest Vaccination Rates, Highest Virus Rates [amNY] Greenpoint Ferry Service to Resume June 2022 [Greenpointers] Clinton Hill NYCHA Garden Must Be Cut Back Due to Rats, City Says [BK Reader] Brownsville to Get $120M Girls’ Empowerment Center [BK… Read More > The post Daily Links: Greenpoint Ferry Service to Return in June appeared first on Brownstoner.

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Realtor.com

OCTOBER 13, 2021

Kitchen renovations can cost you big time, but when it comes to home improvements, this is the sort of project that has a lot of pay off. The post 6 Kitchen Renovations That Really Pay Off appeared first on Real Estate News & Insights | realtor.com®.

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Renovation 89

RIS Media

OCTOBER 13, 2021

NAR PULSE—REALTORS® can claim their exclusive RPR® (Realtors Property Resource®)?digital download today ! A complete guide to prospecting/farming for new clients, it includes step-by-step directions, how-tos, agent success stories and more. Help Your Agents Shine Online! Social media makes a difference! Your REALTOR® Store has the products your agents need to build their online presence and take their business to the next level by translating clicks and likes into tangible new business.

Agents 71

Agents 71

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Agents

The Mortgage Report

OCTOBER 13, 2021

Michigan first-time home buyers have plenty of options, from low-down-payment loans to home buyer grants and other assistance.

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Loans Mortgages 97

Sotheby's International Real Estate

OCTOBER 13, 2021

Sotheby’s International Realty today announced that Iris Estates has joined the network and will now operate as Bulgaria Sotheby’s International Realty. The addition marks the brand’s continued growth in Europe and marks nearly 200 affiliated offices in the EMEIA region. Bulgaria Sotheby’s International Realty is owned and operated by Hristo Angelkov in partnership with Andrei Manoukovski.

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Branding As-is 77

REM Online

OCTOBER 13, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: The affordable housing paradox. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. One of the least understood and arguably the most abused affordable housing misperceptions is what I call The Affordable Housing Paradox: the higher the property tax, the lower the property value o

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Residential 74

BubbleInfo

OCTOBER 13, 2021

The San Diego housing market is a popular choice for those who are leaving the Bay Area (population of 6,404,512 in the five counties). It’s looks like more are coming – a report from sfgate: Joint Venture Silicon Valley, in partnership with the Bay Area News Group, polled 1,610 registered voters across five Bay Area […].

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Marketing 105

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