Fri.Oct 16, 2020

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The Pandemic’s Impact on Consumer Shopping Behavior in Mortgage & Real Estate

Housing Wire

Our job as mortgage professionals is to help consumers when and how they need us. This is especially important in the current crisis as the behaviors of both consumers and those in the housing industry are changing. Join Jornaya ’s Head of Consumer Finance Mike Eshelman and Chief Marketing Officer Rich Smith as they discuss consumer shopping trends and the impacts on the housing industry.

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How to Prepare for a Bidding War [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home. Reach out to a trusted real estate professional today to be sure you have the guidance you need as the competition for homes heats up this season.

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National Fair Housing Alliance partners with LGBTQ+ Real Estate Alliance

Housing Wire

The LGBTQ+ Real Estate Alliance organization announced that it is partnering with the National Fair Housing Alliance (NFHA) and has landed its first corporate sponsor, Engel & V?lkers. The LGBTQ+ Real Estate Alliance, which officially launched on Oct. 1, is an inclusive member-based organization dedicated to enhancing the professional lives of its members while providing consumers with the proper resources to assist in buying and selling their home.

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Nation’s Stock of Second Homes

Eye on Housing

According to NAHB estimates, the total count of second homes was 7.5 million, accounting for 5.5% of the total housing stock in 2018, the most recent data available. As of 2018, the state with the largest stock of second homes was Florida (1.1 million), accounting for 14.5% of all second homes. South Dakota had the smallest stock, approximately 20,000 second.

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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.

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Homes in high-risk wildfire areas are more affordable

Housing Wire

Wildfires continue to rip through the west coast, but that doesn’t mean homebuyers won’t purchase in high-risk areas. More than 4.5 million homes are located in areas at high risk of wildfire across the states of Washington, Oregon and California, with a total estimated home value of $3.3 trillion, a new Redfin report said. Since 2012, the median sale price of homes in ZIP codes with a low wildfire risk has increased 101% compared to an 88% increase for homes in high-risk ZIP codes,

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Bank of Canada Ending Pandemic Program That Helped Real Estate Prices Surge

Better Dwelling

On the day Canadian home sales and prices hit record highs, the central bank announces an end to the program partially responsible for the surge. The Bank of Canada (BoC) flooded the market with cheap mortgage credit in March. Yesterday, as market data showed a fever pitch had been reached during the “worst” recession in […]. The post Bank of Canada Ending Pandemic Program That Helped Real Estate Prices Surge appeared first on Better Dwelling.

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More Trending

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Washington Nationals Star Max Scherzer Selling $15M Virginia Mansion

Realtor.com

realtor.com, Kevin C. Cox/Getty Image After buying a Florida mansion a few months ago, the Washington Nationals ace Max Scherzer is now ready to part with his gorgeous Virginia home. His modern mansion with Potomac River views in McLean, VA, is now on the market for $15 million. Scherzer purchased the home in August 2015 for $5.2 million, shortly after signing a seven-year, $210 million contract with the Nationals.

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After record fall of 18%, forbearances rose slightly last week

Housing Wire

After plummeting 18% the week prior, the number of mortgages in active forbearance rose by 19,000 last week, according to a new report by Black Knight on Friday. Though the raw number increased, the number of all mortgages in active forbearance remained at 5.6% , unchanged from the week prior. Oct. 9 marked the first week forbearances fell below 3 million since April, and despite last week’s uptick, that record held steady after a reported 2.99 million homeowners remained in COVID-19-related for

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Kids These Days! Gen Z Is Buying Up Homes in These 10 Cities

Realtor.com

DenisTangneyJr/Getty Images While millennials are seeking out starter homes and baby boomers are hoping to downsize, Generation Z is trying to elbow its way into the frenzied housing market marked by record-low mortgage rates and all-time-high home prices. These predominantly first-time buyers are purchasing property mostly in the nation’s more affordable metropolitan areas that boast much more reasonable home prices than the high-priced coasts, according to a recent LendingTree study.

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People movers: Amherst, Notarize, Zillow Group

Housing Wire

The Amherst Group , a real estate investment, development and operating firm, announced another executive-level appointment, hiring Gillian Sutton Cho as chief operating officer of investment management. In her new position, she is responsible for all investor-facing services and operations, and for growing assets under management for all Amherst strategies.

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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.

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Luxury Real Estate Headlines: Second Week in October 2020

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Palm Springs, California | Gerard Bisignano , Vista Sotheby’s International Realty . The low-slung house was immortalized by several important photographers including Slim Aarons, whose popular 1970 photograph “Poolside Gossip” features two fashionable women lounging by the pool in midriff-baring outfits, the house and the silhouette of the desert mountains providing the backdrop.

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Guild Mortgage is going public – Let’s look at the numbers

Housing Wire

Add lender-servicer Guild Mortgage to the ranks of the nonbank mortgage lenders going public. According to an amended S-1 submitted to the Securities and Exchanges Commission on Thursday, Guild, through parent firm Guild Holdings, is expected to price its initial public offering between $17 and $19 per share as early as next week. The retail and correspondent lender plans to issue 8.5 million Class A shares (plus an option for the underwriters, Wells Fargo, BofA Securities and JPMorgan Chase, to

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We’re Spellbound by These 5 Cozy Kitchen Design Ideas From Instagram

Realtor.com

YinYang/Getty Images Fall’s cooler weather means it’s time to get cozy at home, and there’s arguably no better spot to do that than in the kitchen. You know what we mean: Think lazy Saturday afternoons around the kitchen island, while a pot of hearty soup simmers on the stove and the aroma of baked goods fills the room. Now, shouldn’t your kitchen decor match that mood?

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NAHB: Remodeling Industry Confidence Surges in Third Quarter

RIS Media

The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) in the third quarter of 2020, posting a reading of 82. The finding is a signal of residential remodelers’ strong confidence in their markets, for projects of all sizes. The demand for home improvement is robust given the importance of home for Americans as the economy recovers and adapts from the impacts of COVID-19. “With refinancing activity surging, homeowners are investing in their homes,

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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.

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Most Teleworkers Expect to Continue At Home, Even After COVID Vaccine

Eye on Housing

About 3 out of every 10 American adults are currently working from home, on a full- or part-time basis. The finding comes from a recent poll of a representative sample of over 17,000 adults conducted for NAHB by Morning Consult. Gen Z’s made up 12% of respondents, Millennials and Gen X’ers were each 26%, and Boomers another 33%. In terms. Read More › The post Most Teleworkers Expect to Continue At Home, Even After COVID Vaccine first appeared on Eye On Housing.

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CEO Exchange: ‘Technology Shouldn’t Be a Band-Aid for the Short-Term’

RIS Media

Technology. It’s a hot topic in any industry in today’s COVID world as businesses have had to pivot to stay productive while maintaining safe, social distancing protocols. The topic was recently discussed at RISMedia’s Real Estate CEO Exchange, held this year on Sept. 17 as an all-day virtual event co-presented by the National Association of REALTORS ®.

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Fresh NAR report reveals the housing and lifestyle trends of COVID-19

The American Genius for Real Estate

(REAL ESTATE ASSOCIATIONS) This latest NAR report on housing and lifestyle shows some interesting trends based on COVID-19 and overall cultural changes. The post Fresh NAR report reveals the housing and lifestyle trends of COVID-19 appeared first on The American Genius Real Estate.

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Minimalism vs. Maximalism: Which Style Is Right for Your Home?

RIS Media

Many homeowners want their interior design to be a reflection of their personal style. For some, that might be chic and metropolitan, while others prefer a casual, rustic look. As it turns out, two of today’s most popular design styles are on opposite ends of the spectrum: minimalism and maximalism. If you’re unsure what’s right for your home, read on to find out which style most reflects your personality.

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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.

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Early Voting Begins Monday In Florida

Waterfront Properties

Registered voters in the State of Florida have the opportunity to vote a few weeks early ahead of the 2020 Election. Early voting in Florida opens Monday, October 19th through Sunday, November 1st. Hours and dates may vary based on where you live. Early voting is when a person casts a ballot prior to Election Day at a location designated by the Supervisor of Elections.

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5 Tips for More Dramatic Lighting in Your Home

RIS Media

Though often overlooked, lighting is one of the most complex elements of interior design. It can set the mood, illuminate a workspace or put the spotlight on your favorite work of art. So, if you want to add a touch of visual drama to your home, the lights are always a good place to start. Here are several ways to make your home stand out after the sun goes down.

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First-time home buyers guide: 23 first-time buyer questions answered

The Mortgage Report

Considering making the jump from renter to homeowner? This first time home buyer guide tells you what you need to know.

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Halloween 2020: Making it Fun and Safe

RIS Media

This Halloween, health experts suggest that finding safe ways to celebrate can make the day playful and exciting. While some activities like dressing up and decorating pumpkins hardly need to change at all, others may need a bit of a twist: . Halloween Treats – Spend more time than usual creating dinner and treats as a family. Decorate a pizza with toppings in the shape of a jack-o’-lantern.

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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.

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2021 Moving Survey

BubbleInfo

Let’s get some intel on how people feel about moving next year! Take this survey, and when completed, you can share it on social media. I’ll publish the results on Tuesday: The post 2021 Moving Survey appeared first on bubbleinfo.com.

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Digital Drivers License Coming To Florida

Waterfront Properties

Important news for Florida drivers, you will soon be able to access your driver’s license on your mobile device. Earlier this week, the Florida Department of Highway Safety and Motor Vehicles announced that Floridians will be able to access their drivers licenses digitally. The new system will allow someone to verify your age, identity, and driving privileges through a mobile app, making digital licenses harder to counterfeit.

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4 Antimicrobial Materials to Use in Your Home

RIS Media

Everyone wants to keep a clean home. Regularly washing, vacuuming and wiping surfaces around the house is certainly essential, but you can give yourself extra peace of mind by using materials that have proven antimicrobial powers. From countertops to doorknobs, these surfaces are perfect for designing a stylish home that naturally combats germs. Copper Alloy.

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ENGEL & V?LKERS IS FIRST BRAND TO BECOME CORPORATE PARTNER OF LGBTQ+ REAL ESTATE ALLIANCE

Realty Biz

Engel & V?lkers has become the first corporate partner of the new LGBTQ+ Real Estate Alliance. Today’s announcement comes just days after the Alliance officially launched on October 1. Engel & V?lkers is a global luxury real estate brand with a presence in more than 30 countries and is led in the Americas by president & CEO, Engel & V?

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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.

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How to Fix Temperature Variations In Your Home and Save Energy

Point2Homes

Image: Olivier Le Moal / Shutterstock.com. High energy bills can hint at various problems around the home that are causing temperature variations and putting a strain on HVAC systems. Fortunately, many such issues are fairly easy to identify, and pretty easy and affordable to fix. Here’s what you need to know. Seal Any Cracks and Gaps. One of the most common causes of temperature fluctuations is poorly insulated windows and doors.

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How to Supercharge Your Lead Nurturing

Boom Town

Drop everything and save your spot for this can’t-miss webinar! Jason Pantana is a Coach, Trainer, and Speaker for Tom Ferry International, meaning he’s worked with some of the most successful agents in the world. And he is sharing his no-fluff, expert strategies for supercharging your lead nurture plan. Because lead generation is important, but lead nurture is everything.

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REAL Trending Special Edition: Technology Trends

Real Trends

Eric Stegemann, CEO of Tribus. With the Pandemic came faster technology innovation and more adoption. Stegemann talks about some of those trends and more in this informative discussion on real estate technology trends.

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Real Trends Top 25 Real Estate Agents Websites RANKED

The Close

Have you ever wondered how your personal real estate agent website stacks against the top 25 agents on the Real Trends 500? Well, wonder no more. To see how the masters of the real estate universe roll online, we decided to take a deep dive into their websites and kick the tires a bit. Using a mixture of objective measurements (Domain Authority and Google PageSpeed Insights) combined with subjective measurements (typography, design, and layout), we came up with The Close Score, which is our shin

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.