Housing Wire
JULY 28, 2021
The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance. We examine the need for complete vendor-provided software solutions vs. building in-house. We watch as consolidation transpires all-around.
Better Dwelling
JULY 26, 2021
Canada used to be known for its conservative mortgage lending, but that’s no longer the case. The Bank of Canada (BoC) warned mortgage quality has “deteriorated” in 2020. The central bank found highly indebted households, those with a loan-to-income ratio higher than 450%, now represent a record share of new mortgage debt. Highly indebted households […].
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Eye on Housing
JULY 21, 2021
Seventeen percent of American adults are considering the purchase of a home within a year, according to NAHB’s Housing Trends Report for the second quarter of 2021. The share (now seasonally-adjusted) has increased for five consecutive quarters, after hitting a series low of 10% in the first quarter of 2020. The upward trend is clear evidence of Americans’ growing desire.
Realty Biz
JULY 19, 2021
If you are asking yourself, “should I refinance?” there are many things to consider. Homes are normally the largest expense people ever commit to and one that can have far-reaching consequences on their financial future. Looking at refinance mortgage options should provide you a way to deal with unexpected expenses, better plan your retirement, or pay for improvements to your home.
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RIS Media
JULY 19, 2021
Cloudstar, a company that operates five data centers and provides support to title professionals throughout the U.S., is the latest victim of a “highly sophisticated ransomware attack.” The company released a statement on Sun., July 18 announcing the cyber attack. The details: – Cloudstar’s systems are currently down, except for its Office 365 mail services, email encryption offering and some support services. – The company has hired third-party forensics experts Te
Lighter Side of Real Estate
JULY 29, 2021
When you buy a home, you want to make sure you’re ready and prepared. And the best way to do that? Asking yourself the right questions. A recent video from realtor.com outlined key questions potential buyers should consider before purchasing a home, including: Will I qualify for a mortgage? The last thing you want is to find your dream home—only to find out you don’t qualify for the mortgage you need to buy that home.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
JULY 8, 2021
The Canadian real estate market will change really fast over the next few months. Home prices in the key markets of Toronto and Vancouver saw price growth climb in June. Looking at the most recent data annualized though, a slowdown is just around the corner. Without a sudden boom in prices, the annual trend is […]. The post The Canadian Property Bubble Can Start Deflating As Early As This Month appeared first on Better Dwelling.
Brownstoner
JULY 12, 2021
An affordable housing lottery has opened for 127 units in a 39-story building at 41 Blue Slip in Greenpoint. The building, called Two Blue Slip, is part of the larger Greenpoint Landing development. It stands next to One Blue Slip, a 30-story residential tower that’s part of the same development, and… Read More > The post Affordable Housing Lottery Opens for 127 Units in Greenpoint, Starting at $2,370 a Month appeared first on Brownstoner.
Sotheby's International Real Estate
JULY 13, 2021
During the Italian renaissance, palazzi—palaces—were built for royalty by such architectural luminaries as Michelozzi and Palladio. With its iconic symmetrical design, neat rows of windows, and sturdy prominent cornices, this 9,638-square-foot three-story residence would look perfectly at home among the palazzi in Rome, Florence, and Venice. Instead, it enjoys a prime position on a coveted block in the exclusive leafy environs of Houston’s Tanglewood and is the work of award-winning area archite
Realtor.com
JULY 14, 2021
California Eco Design, Inc./Houzz With intense heat waves and over 75% of the American West experiencing severe drought this summer, you might be wondering how you can do your part to conserve water—to help the environment and to reduce your utility bills. But how are you supposed to cut back on your water usage and keep up that lush landscaping that makes the neighbors jealous?
Advertiser: Trellis
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Maximum Exposure Real Estate
JULY 16, 2021
What is Dual Agency and How Does it Work? Are you wondering what dual agency is and how it works? One of my duties as a real estate agent is to explain how agency law works in Massachusetts. I am required by law to present agency law at my first meeting with a prospective […]. The post Having a Dual Agent: Why Buyers & Sellers Should Avoid it appeared first on Massachusetts Real Estate Exposure.
Housing Wire
JULY 16, 2021
Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. The national median home-sale price hit a record high of $386,888, up 25% year over year, but a slight decline from the record of 26% in May. The number of homes for sale fell 28% year over year from 2020, and the typical home sold in just 14 days — a record low and, down from 39 days in June 2020.
Better Dwelling
JULY 13, 2021
The Canadian property bubble is at the point where it’s about to produce brain drain. At least in Ontario. Abacus Data conducted a survey on housing perceptions recently. The survey, commissioned by OREA, produced dozens of insights showing a public frustrated by a property bubble. Buried amongst those insights though was a big standout — […].
GeekEstate
JULY 30, 2021
One key way to future-proof your property management business is to use the right technology. Spreadsheets, paper ledgers and even existing software can quickly become outdated in such a fast-paced environment, so it is likely that – at some point – your business will benefit from a system upgrade. As the industry continues to evolve, new software features and landlord benefits are constantly emerging.
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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.
Sotheby's International Real Estate
JULY 24, 2021
Fine examples of one of history’s most popular architectural styles, these four homes feature clean simplicity, open floor plans, gentle organic and geometric forms, and walls of glass encouraging an integration with nature. Masterfully Renovated Midcentury Classic. Pasadena, California | Richard Yohon, Sotheby’s International Realty – Los Feliz Brokerage.
Point2Homes
JULY 29, 2021
Image: Friends Stock / Shutterstock.com. As you plan to purchase your first home, you might find that there are a few stressful aspects of the homebuying process that can make or break your purchase: One is when you first apply for a mortgage and another is when you close on a house. However, following some simple guidance from your real estate team — including your real estate agent and mortgage lender — will help ensure a smooth transaction.
Realtor.com
JULY 19, 2021
Getty Images When our bathrooms are out of order, it’s as if our lives are out of order. Whether you have one bathroom or five, uninterrupted function and cleanliness are crucial. That’s why it’s important to know exactly when the elements in your bathroom can conk out and need to be replaced. “Homeowners should be thinking about replacing and performing the proper upkeep with things in the bathroom because it’s the second most used room in the house, next to the kitchen,
Housing Wire
JULY 12, 2021
This is the first time I am writing about mortgage backed securities (MBS) because I hardly ever consider this aspect of the housing ecosystem in my work. But since now even Federal Reserve members are discussing the pros and cons of MBS, this is a good time to give you my take. The 10-year yield has been in a downtrend since 1981, and so have mortgage rates, so the MBS market hasn’t eve been a focus of mine.
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.
Better Dwelling
JULY 14, 2021
New Zealand may be the first advanced economy to hike interest rates. The Reserve Bank of New Zealand (RBNZ) abruptly announced a halt to the Large Scale Asset Purchase (LSAP) program. Along with the announcement was the release of the Monetary Policy Committee notes. The Committee said the risk of deflation has now passed, and […]. The post New Zealand’s Central Bank Calls Home Price Growth “Unsustainable,” Halts QE appeared first on Better Dwelling.
Realty Biz
JULY 12, 2021
As with the rest of the countries in the world, the United Kingdom’s property market is one of the main drivers of the economy. This, despite the slight dip in the country’s gross domestic product (GDP), contracting at 1.6% in the first quarter (Q1) of 2021, per Office for National Statistics. . . Overall, the UK property market is projected to be stable in 2021, especially with the continuing COVID-19 vaccinations towards the third (Q3) and fourth (Q4) quarters of 2021.
Brownstoner
JULY 27, 2021
This three-bedroom condo in a former factory in the Columbia Waterfront District has an authentic loft vibe and deeded parking space. Historic features include 11-foot-high ceilings, wood ceilings and original thick wood columns. Converted to residences in the late 1990s, 29 Tiffany Place is on the site of what was,… Read More > The post Columbia Waterfront District Condo With Three Bedrooms, Deeded Parking Asks $1.395 Million appeared first on Brownstoner.
Sotheby's International Real Estate
JULY 31, 2021
A rousing game of bocce—on a private court just steps from a home filled with sophisticated spaces and luxurious amenities—is the perfect way to pass some time alfresco during the last warm weeks of summer. Wine Country Compound. Kenwood, California | Tina Shone, Sotheby’s International Realty – Wine Country – East Napa Street Brokerage. Home to five acres of Cabernet Sauvignon vines, olive and fruit trees, and gardens, this delightful 10-acre compound in Kenwood features a charming five-b
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.
Realtor.com
JULY 19, 2021
Getty Images The kitchen may be the heart of the home, but the living room is the hub. It’s where everyone convenes to relax and enjoy quality time with each other (or with the TV). If you’re preparing to list your house, you need to go the extra mile to help prospective new owners see your living room’s full potential. Today’s buyers expect spaces that are equal parts inviting and updated.
Housing Wire
JULY 29, 2021
The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. He also addresses how he foresees the Delta variant impacting the housing market.
Better Dwelling
JULY 12, 2021
Lumber prices are still crashing, marking the ninth consecutive week of declines. The cost of the commodity has seen more than a quarter of its value fall in the past month. Since the peak price reached just over two months ago, prices are now down by more than half. As much as they’ve fallen, experts […]. The post Lumber Is Still Crashing, and Has Now Wiped Out Almost All of 2021 Gains appeared first on Better Dwelling.
Maximum Exposure Real Estate
JULY 15, 2021
Home Selling and Real Estate Capital Gains Taxes Do you know how real estate capital gains taxes work when selling a house? Selling your home can net you a significant return. But what does the tax man have to say about it? With property values across the country skyrocketing, now more than ever, it is […]. The post Real Estate Capital Gains Taxes When Selling a Home Including Rates appeared first on Massachusetts Real Estate Exposure.
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Eye on Housing
JULY 6, 2021
Lumber futures prices have decreased by 52 percent (on a front-month basis) over the past seven weeks as mill prices have fallen 48 percent over the same period.[1] In contrast, prices paid by builders since late May have declined by a fraction of that impact. The disconnect—which has always existed—is inherent to the lumber supply chain and choices that must.
Sotheby's International Real Estate
JULY 12, 2021
Is there any greater pleasure than having a perfect outdoor space at home? A patio for enjoying fresh air and unencumbered views is a true essential for luxury living—and the best outdoor spaces are complemented by convenient amenities. Whether lounging in the shade or entertaining over dinner, you’ll find plenty of summer design inspiration in these five remarkable patios.
Realtor.com
JULY 14, 2021
HGTV Craving a little sun and sand along with some smart home design advice? Then the new HGTV show “Battle on the Beach” is the perfect summer binge. In this series, the network’s stars Ty Pennington , Alison Victoria , and Taniya Nayak mentor teams of design newbies as they compete to fix up three houses on Alabama’s Gulf Coast. And in the series premiere, “Battling the Kitchens,” the three teams renovate their kitchens in hopes they’ll impress celebrity judges Mina Starsiak
Housing Wire
JULY 26, 2021
In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. According to the recent Census report, the three-month average is now at 5.53 months , which puts inventory right back into the range we had in the previous expansion.
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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