Housing Wire
DECEMBER 30, 2020
While the United States may not have been prepared to combat a deadly virus, a quick and robust response from the Federal Reserve , along with changing consumer preferences, created a perfect storm that resulted in a record year for the housing and mortgage industries. Mortgage rates would fall to record lows 16 times throughout 2020, with origination volume expected to eclipse $4 trillion.
Better Dwelling
DECEMBER 28, 2020
Canada’s mortgage delinquencies are flat, but that story is much more interesting by region. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies are flat in Q3 2020. It’s a little different looking at the biggest real estate markets though. In Toronto and Vancouver, delinquencies are still rising to multi-year highs.
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The Mortgage Report
DECEMBER 23, 2020
Sellers: learn what home inspectors look for so you can prepare for your home inspection. Buyers: learn how to interpret the home inspection report.
Realtor.com
DECEMBER 31, 2020
Drazen Zigic / Getty Images 2020 was a tough year, but there was a silver lining: With so much time spent inside, people had a chance to really focus on their homes and make them as functional, comfortable, and beautiful as can be. So it’s a good thing we have so many great real estate reality shows on HGTV, Netflix, Bravo, and beyond to keep us not only entertained, but also inspired with tips to take our living spaces to the next level.
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Realty Biz
DECEMBER 31, 2020
How to Prepare For a Home Inspection. Even when you have a buyer and are happy with the offer they’ve made, your home isn’t sold yet. Before you can prepare for your move, you need to get ready for the home inspections. Preparing for a home inspection will make sure your home sale proceeds as smoothly as possible. Lots of home sellers ask real estate agents how they can prepare for the home inspection.
Lighter Side of Real Estate
DECEMBER 31, 2020
There’s a lot of 2020 we all want to put behind us and forget. Being a real estate agent isn’t easy in a normal year, but being one during a pandemic? Well, that takes someone who can change and go with the flow in the blink of an eye. But one thing that didn’t change is the need to laugh. If anything, laughter is even more important in a year like 2020!
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Waterfront Properties
DECEMBER 29, 2020
Also known as an “ocean potato” or “sea cow”, the beloved Florida manatee is a gentle giant you’ll see calmly cruising throughout Jupiter Intracoastal waters. Manatees have a very friendly disposition, and while it may be tempting to feed or give them fresh water from your dock, it is illegal as they are a protected species. Manatees are protected by the Marine Mammal Protection Act of 1972, the Endangered Species Act of 1973, and the Florida Manatee Sanctuary Act of 1978.
Point2Homes
DECEMBER 8, 2020
Image: Doubletree Studio / Shutterstock.com. When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer. However, before the sale can go to closing, certain contingencies must be met.
Realtor.com
DECEMBER 29, 2020
AndreyPopov/Getty Images When my husband and I were house hunting, properties that had plastic taped over the windows or draft catchers below the exterior doors gave us pause: Did that mean the house wasn’t energy-efficient or warm enough in colder months? Newly retouched areas on the ceiling made us wonder if the sellers were covering up water damage from a leaky roof that had been patched but not replaced.
Realty Biz
DECEMBER 13, 2020
What to Know About Renting a POD. Are you considering making your move with a POD? The popularity of using PODS storage containers for moving has affected the whole industry. This has led to other companies using the term “PODS” when referring to their moving containers, with legal action following. Choosing PODS rental containers is more than just a popular choice; it can offer a lot when moving from home to home.
Advertiser: Trellis
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Lighter Side of Real Estate
DECEMBER 22, 2020
With the arrival of each new year, it’s fun to freshen up your home and make it look and feel contemporary. Especially as we usher out 2020—a year we’ve spent far too much time looking at the same interiors—you’re probably eager to create a different vibe with the help of some new decor. What’s going to be in style for 2021? Designers agree it’s all about comfort and color!
Housing Wire
DECEMBER 28, 2020
Although I had pockets of joy in 2020, these moments were subsumed in a haze of stress, uncertainty and fear for our country. And, at times, I have found it difficult to keep these emotions from clouding my economic thinking. But despite all the sorrow and frustrations of this year, I have found solace in the immortal world of math, facts and data. From this stronghold I have been able to see past the chaos and view the economy and the future of the housing market through the lens of my core eco
Eye on Housing
DECEMBER 16, 2020
The Mortgage Bankers Association’s (MBA) latest Weekly Application Survey shows that, for the week ending December 11, 2020, mortgage application activity decreased by 1.1% from the prior week on a seasonally adjusted basis, as indicated by its Market Composite Index. One of its two constituent indexes, the Purchasing Index, increased by 1.8% from the previous week while the other, the.
Better Dwelling
DECEMBER 2, 2020
Canadian real estate agents must be looking forward to a very jolly Christmas. Statistics Canada (Stat Can) data shows ownership transfer costs, which are primarily sales commissions, reached a record high in Q3 2020. The rate of growth for the segment is now growing 11x faster than GDP. About The Data Today we’re looking at […]. The post Canadian Realtor Commissions Are Growing Over 11x Faster Than The Economy appeared first on Better Dwelling.
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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.
Realtor.com
DECEMBER 22, 2020
lookslike/Getty Images As the new year brings new resolutions, many of us have put home renovations high on our list. Maybe you’re pledging to fix up your home in preparation for selling it in 2021. Or perhaps you’re looking to enliven the place in which you’ve spent many, many hours of the day while sheltering in place in 2020. No matter your motivation, updating your flooring may be a good place to start. “Homeowners are seeking tranquility and peace from all the noise
Realty Biz
DECEMBER 3, 2020
Checklist When Getting a Home Inspection. Are you going to be purchasing your first home soon? When you are buying a home, the home inspection can be an exciting time. It’s the first time you have the opportunity to walk around the home since you made an offer on it, and you get to find out all the problems the property may or may not have. Home inspections can help you confirm you’ve made a good home buying decision or give you a list of issues to raise with the seller.
Lighter Side of Real Estate
DECEMBER 10, 2020
It’s not unusual for homebuyers to admire a seller’s belongings. Chances are they may share similar taste—they bought the same house, after all! But some go as far as to ask that certain items remain with the home as part of the deal. It’s easy to imagine clients wanting to include mirrors, window treatments, and maybe even chandeliers—but some take it a step farther and make really bold requests.
Housing Wire
DECEMBER 17, 2020
The average U.S. mortgage rate for a 30-year fixed loan fell four basis point this week to 2.67% – the lowest rate in the Freddie Mac ’s Primary Mortgage Market Survey’s near 50-year history. This week’s mortgage rate broke the previous record set on Dec. 3 and is the first time the survey has witnessed it fall below 2.7%. “The housing market continues to surge higher and support an otherwise stagnant economy that has lost momentum in the last couple of months,” said Sam Khater, Fred
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.
Brownstoner
DECEMBER 14, 2020
While this 1850s Fort Greene row house has a charming period facade it's the 20th century history behind the house that should spark some interest. For decades 135 Fort Greene Place was the home of renowned avant-garde jazz pianist Cecil Taylor. The acclaimed artist was already in residence when he purchased… Read More > The post Jazz Great Cecil Taylor’s Fort Greene Row House on the Market for $2.499 Million appeared first on Brownstoner.
HomeLight
DECEMBER 22, 2020
Social distancing and work-from-home opportunities caused many urbanites to rethink their housing situation when the coronavirus pandemic hit in 2020. A late 2020 Harris poll showed that as many as 39% of city dwellers at least considered moving to a less-populated area due to the COVID-19 pandemic. Add in historically low interest rates and a generally cheaper price-per-square-foot, and suburban homeownership has never looked more attractive.
Realtor.com
DECEMBER 17, 2020
brizmaker/Getty Images The coronavirus pandemic has brought about a new appreciation of backyards and other outdoor spaces. With many of us spending hours and hours at home, we’re all looking for places to relax other than the living room sofa and kitchen. If you have a yard with ample space for you and your family, consider yourself blessed. But in 2021, outdoor space owners might want to consider taking it up a notch with one of the most sought-after features: an outdoor kitchen.
Realty Biz
DECEMBER 8, 2020
How Are Townhouses Different From Condos? One of the big choices you have to make when home buying is what type of property you want to live in. An increasingly popular choice for buyers is between condos and townhouses. They offer many advantages to buyers with benefits over traditional family homes. These types of property have many things in common, but important differences as well.
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.
Better Dwelling
DECEMBER 11, 2020
Canada’s largest bank is prepared for price drops most would find unthinkable. Royal Bank of Canada (RBC) filings show possible risk scenario forecasts. Over the next year, the base forecast shows virtually flat growth. In a best case scenario, growth would hit levels similar to previous years. In a worst case, they forecast prices can […]. The post RBC’s “Worst Case” For Canadian Real Estate Is A Price Drop of Nearly 30% appeared first on Better Dwelling.
Housing Wire
DECEMBER 17, 2020
2020 has been a remarkably strong year for the housing market. Sales volume has remained elevated compared to last year since about mid-June, home values are growing more quickly than they have in 15 years and homes are typically selling a full three weeks faster than a year ago. Incredibly, next year’s housing market outlook is poised to be much stronger.
Coldwell Banker
DECEMBER 21, 2020
After a most unique year, it only makes sense that we would launch into 2021 with an unexpected color of the year choice. In fact, Pantone has gone with not one, but two, hues in its annual proclamation. In a news release, Pantone called them “two independent colors that come together to create an aspirational color pairing, conjoining deeper feelings of thoughtfulness with the optimistic promise of a sunshine filled day.”.
Brownstoner
DECEMBER 18, 2020
Developers of a proposed four-story residential building in Vinegar Hill have pulled their rezoning application after city planners denied the builders’ plans to shrink its size to appease concerned neighbors — meaning the property at 265 Front St. will remain a parking lot for trucks, rather than offer new homes.… Read More > The post City Planning Rejects Developer’s Plan for Low-Scale Vinegar Hill Housing appeared first on Brownstoner.
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Realtor.com
DECEMBER 15, 2020
Sisoje/Getty Images; Julie Migliacci; erhui1979/Getty Images; photoman/Getty Images In some ways, buying a home got a lot easier in 2020, and in a lot of ways, it didn’t. Welcome to the mixed-up, unpredictable, unprecedented pandemic world we’ve all been living through. It’s truly been a year like no other. But no matter which way the pendulum was swinging, realtor.com was here to help you make the best of it.
Realty Biz
DECEMBER 15, 2020
Wealthier Americans are upsizing their homes even though the economy struggles amid a never-ending COVID-19 pandemic. A report in Bloomberg last week revealed that demand for multi-million dollar homes is soaring, with prices rising faster than other segments of the real estate market. Applications for mortgages larger than $766,000 were up 59% year over year in September, the largest uptick among all price segments, the Mortgage Bankers Association reported.
Better Dwelling
DECEMBER 31, 2020
Canada’s markets have been flooded with cheap money, causing a buying frenzy across the country. Canadian Real Estate Association (CREA) data shows record real estate sales in November. Unlike previous boom-time periods, the rise in home sales wasn’t confined to a few hot markets. All but two major cities across the country are seeing double […].
Housing Wire
DECEMBER 14, 2020
What a crazy year we have all been through. Last year, I visited Japan, London, Puerto Rico, Oregon and Las Vegas twice. This year I had fewer visits than that to my local barber and I was ecstatic to be there. This was the year we relearned to appreciate small things. Adventure and excitement were out, and safety was in. On the economic front, COVID-19 was the mother of all exogenous shocks.
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.
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