Mon.May 10, 2021

article thumbnail

We’ve got rising home prices but no housing crash in sight

Housing Wire

The key to the U.S. getting back on track economically is for its citizens to freely walk the earth again without the existential threat of COVID-19. The U.S. is getting closer and closer to meeting that goal, while other countries are still trying to control the virus. Before the successful vaccination program, I targeted Aug. 31, 2021, as the launching point for when we can fully achieve this, with the mindset that all jobs lost to COVID would be back online by September 2022 or earlier.

As-is 538
article thumbnail

3 Graphs Showing Why You Should Sell Your House Now

Keeping Current Matters

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your house.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top CFPB official “hates” QM rules, jeopardizing safe harbor

Housing Wire

In 2013, George Ralph Elliott applied to refinance his Ohio home ahead of a separation from his fourth wife, claiming both his monthly rental income and the spousal support he would soon receive. He didn’t know it at the time, but Elliott’s application would later test a relatively obscure banking law — the CFPB’s Ability To Repay rule — and strike fear into the hearts of mortgage industry executives across the country. .

Banks 404
article thumbnail

Achieving Balanced Social Media Content

RIS Media

Employ a Purposeful and Productive Strategy Through 4 Main Content Categories. No matter what social media platforms you engage in…and hopefully there are several…you likely face the same dilemma that most other teams face: What should you post, and how often should you do it? First, let’s acknowledge that this isn’t math, and there isn’t necessarily one right answer.

Agents 143
article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

article thumbnail

How real estate agents can alleviate consumer pain points in a tight market

Housing Wire

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing. HousingWire: What are some common consumer pain points in the home buying and selling process?

Agents 433

More Trending

article thumbnail

Mortgage forbearance drops to 4.36%, exits pick up steam

Housing Wire

The downward trend of borrowers in forbearance picked up speed in the last week of April, falling 11 basis points to 4.36% of servicers’ portfolio volume, according to the Mortgage Bankers Association. This 10th consecutive week of decreases reflects a faster rate of exits and a steady, low level of new requests. Given forbearance numbers typically decline towards the beginning and end of the month, nearly all investor types experienced some type of drop in forbearance as of May 2.

Mortgages 424
article thumbnail

Bidding Wars Are Most Common Reason Active Buyers Can’t Make Purchase

Eye on Housing

An earlier post revealed that 64% of buyers who were actively engaged in the process of finding a home in the first quarter of 2021 have spent upwards of 3 months searching for a home without success. For the second time in this series history, the most common reason long-time searchers haven’t pulled the trigger is not because they can’t.

124
124
article thumbnail

Finance of America now offers renovation loans

Housing Wire

Lending and services platform Finance of America Inc. announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Finance of America’s new division offers the “Benji” portal, which gives contractors tools to expand their business. Homeowners can also use it to access financing solutions through their contractor.

Finance 382
article thumbnail

Subdivision Houses: Pros and Cons of Buying a Home in a Subdivision

Maximum Exposure Real Estate

What Are The Advantages and Disadvantages of Subdivision Houses? Are you considering buying a house in a subdivision? Subdivision houses bring with them pros and cons. When buying a home, you want to make sure you’re choosing the best property for you. If you are buying a subdivision home, you need to consider and be […]. The post Subdivision Houses: Pros and Cons of Buying a Home in a Subdivision appeared first on Massachusetts Real Estate Exposure.

113
113
article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

article thumbnail

Low home prices in Harrisburg, PA drawing in buyers

Housing Wire

Chat with a few real estate agents based in Harrisburg, Pennsylvania — a city ninety minutes from Baltimore and two hours from Philadelphia — and a similar topic will undoubtedly emerge: the capital of the Keystone State has become one of the most popular places to move to in the entire country due to low home prices. So much so, in fact, that Harrisburg is ranked seventh on Realtor.com’ s list of housing markets positioned for the most growth in 2021 — ahead of Denver, Los Angeles, Las Ve

Agents 324
article thumbnail

Canadian Real Estate Prices Unlikely to See Drastic Price Growth From Here: Desjardins

Better Dwelling

Canadian home prices are going to have a difficult time moving higher from here. Desjardins, the country’s largest cooperative financial group, updated its affordability index for Q1 2021. At the national level, the index plunged to the worst level of affordability in over a decade. Their model indicates a substantial price increase would be difficult […].

116
116
article thumbnail

How to apply for a VA home loan: Process and requirements

The Mortgage Report

Learn how to apply for a VA home loan. Follow this step-by-step process to access your VA home loan benefits and buy or refinance a house at a low rate.

Loans 122
article thumbnail

Canadian Home Prices Grew Faster When Located Further From City Center

Better Dwelling

Canadian real estate markets are placing a big premium on living further from the city. Bank of Canada (BoC) found city centers showed the smallest annual price growth in Q4 2020. Home prices generally saw larger growth further from the city, as people flee the centers for more space. Greater Toronto Real Estate Prices Climbed […]. The post Canadian Home Prices Grew Faster When Located Further From City Center appeared first on Better Dwelling.

Banks 111
article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

article thumbnail

Wallpaper-Filled Park Slope Brownstone in Estate Condition With Marble Mantels Asks $2.35 Million

Brownstoner

Filled with some statement-making wallpaper, this 1870s Neo-Grec has some design flair on display in its estate-condition interior. There are also marble mantels, pocket doors, wood floors and a stair among the many original details. Located in the Park Slope Historic District, 35 Prospect Place is one of a row of… Read More > The post Wallpaper-Filled Park Slope Brownstone in Estate Condition With Marble Mantels Asks $2.35 Million appeared first on Brownstoner.

Design 105
article thumbnail

Pet-Friendly Flowers and Herbs To Safely Grow in Your Garden (and What To Avoid)

Realtor.com

Getty Images Selecting plants for your garden requires a certain amount of planning, but if you’re a dog or cat owner, you may have to dig a bit deeper. Since many four-legged friends are known to enjoy running freely through your outdoor space, digging around in gardens or sampling the plants, you’ll want to make sure your yard is filled with pet-friendly flowers, herbs, and other types of foliage.

As-is 103
article thumbnail

Pros and Cons: What Exactly Does a Buyer’s Agent Do, And Should I Hire One?

HomeLight

Let’s be honest: If you’re a first-time buyer or relatively new to the real estate game, the whole thing can feel totally confusing (no, it’s not just you!). For instance, an agent is an agent, right? Sort of. To further complicate the landscape, there are actually multiple terms for the type of agent who helps you through a transaction : a listing agent or seller’s agent is a real estate professional who works on the seller’s side, and a buyer’s agent works on your behalf as the buyer throughou

Agents 104
article thumbnail

Affordable Housing Lottery Opens for Nine Units in Flatbush, Starting at $1,950 a Month

Brownstoner

An affordable housing lottery has opened for nine units in a six-story building at 2337 Bedford Avenue, at the corner of Tilden Avenue, in Flatbush. The building is one block away from the famous King’s Theatre. Of the affordable apartments, there are six one-bedroom units and three two-bedrooms available. Monthly… Read More > The post Affordable Housing Lottery Opens for Nine Units in Flatbush, Starting at $1,950 a Month appeared first on Brownstoner.

Marketing 105
article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

article thumbnail

Stainless steel: everything you need to know

Realty Biz

Stainless steel is known for its excellent resistance to corrosion. It is used in many aspects of our day-to-day life such as heavy industry, architecture, real estate, automobile manufacturing, surgery and dentistry and the list goes on. But what exactly is stainless steel? It is a type of steel that is highly resistant to atmospheric corrosion. Its composition is created in such a way that when they are alloyed with other metals such as chromium and nickel, they are less reactive and achieve g

article thumbnail

Would You Hire Yourself? The Power of Websites to Tell Your Story and Sell Your Brand

HomeLight

When was the last time you looked at your real estate website? Really looked at it, the way a buyer or seller would as they look for a real estate agent? While some agents question if websites are even necessary today, the truth is they’re a powerful way to tell buyers and sellers why they should hire you. On this week’s Walkthrough, 1000watt’s Jessica Swesey shares how your website can expand your brand, tell your story, and help you stand out from other agents in your market.

Branding 104
article thumbnail

Which Famous Movie House Gets a Makeover in ‘Home Town Takeover’? Find Out Here

Realtor.com

HGTV After five seasons of renovations in Laurel, MS, “Home Town” hosts Erin and Ben Napier are in Wetumpka, AL, for their new show, “Home Town Takeover.”. In the second episode, “The Mayor Is Also the Barber,” Erin and Ben renovate a town treasure: a big, white house used in the 2003 Tim Burton film “Big Fish.” However, since this 1874 house was used (inside and out) as a movie set, it has a lot of unfinished features and needs more than the typical update.

article thumbnail

Kayak Tour This Week In Jupiter

Waterfront Properties

Jupiter’s River Center is hosting their Paddle with a Partner Public Kayak Tour this Thursday, May 13th. The tour will begin from Lainhart Dam and travel through the freshwater swamp for a chance to see wildlife. Bring your addle buddy and join in on the fun with your local neighbors. The cost is $20 dollars per person and registration is required due to limited space.

98
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

article thumbnail

Coney Island Steps Back in Time for the Filming of ‘Marvelous Mrs. Maisel’

Brownstoner

Coney Island was transported back in time this week as stars of “The Marvelous Mrs. Maisel” took to the historic Riegelmann Boardwalk to film scenes for the show’s upcoming fourth season. Set in the late 1950s and '60s, the Amazon smash hit centers around Miriam “Midge” Maisel (played by Rachel Brosnahan)… Read More > The post Coney Island Steps Back in Time for the Filming of ‘Marvelous Mrs.

98
article thumbnail

Lighthouse Sunset Tours This May

Waterfront Properties

The Jupiter Inlet Lighthouse and Museum is hosting three Lighthouse Sunset Tours this May. At Sunset, climb to the top of the iconic red lighthouse and take in the spectacular sunset views over Jupiter. During the Lighthouse Sunset Tour, guests will get a sneak peek inside the Lighthouse Watchroom to see how everything works. Guests will even be able to witness the light turn on and illuminate the sky during the tour.

98
article thumbnail

Commission claim dismissed – buyer representation agreement ruled unenforceable

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Commission claim dismissed – buyer representation agreement ruled unenforceable. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction.

article thumbnail

Boost Your Online Reputation With These 5 Tips

RIS Media

Your reputation as a real estate professional isn’t just built by word-of-mouth anymore. Potential clients are often checking you out online before they even get in touch with you. If you want to boost your online reputation, follow these five tips. 1. Monitor your online presence. A general Google search can be a decent way to keep tabs on your name and your business online, but it’s time-consuming and bypasses social media sites.

article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.