Housing Wire

SEPTEMBER 23, 2021

Homeowners with mortgages gained $2.9 trillion in equity in the second quarter of 2021, a 29.3% year-over-year increase, according to a new report by CoreLogic released Wednesday. This marks an average gain of $51,500(!) per borrower since the second quarter of 2020. The amount of equity for a property is determined by comparting the estimated current value of the property against the mortgage debt outstanding (MDO).

Equity 545

Equity Residential Mortgages As-is 545

Keeping Current Matters

SEPTEMBER 23, 2021

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself two simple questions: What will home prices be like in 2022?

Principal 279

Principal Mortgages Equity Loans 279

Eye on Housing

SEPTEMBER 15, 2021

The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month. The 30-year fixed-rate mortgage rate hovered 3 basis points above 3 percent, consistently, for the last three weeks.

Fixed-rate mortgage 145

Fixed-rate mortgage Mortgages 145

Lighter Side of Real Estate

SEPTEMBER 30, 2021

Buying a home together is a major step for any couple. And while it’s an exciting step, it can also be a stressful one—particularly if there are things you and your partner just don’t agree on. But what, exactly, might you disagree on as you search for your dream home? A recent survey from LendingHome asked American couples about what they disagreed on while looking for a home—and a few key disagreements emerged, including: The price of the home (53 percent).

As-is 145

As-is 145

Advertisement

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.

Agents

Better Dwelling

SEPTEMBER 27, 2021

Canadian households are now so indebted, it exceeds the annual output of the economy. Statistics Canada (Stat Can) data shows the gross domestic product (GDP) printed modest quarterly growth in Q2 2021. The growth was dwarfed by household debt, which now exceeds the size of the country’s GDP. Economies with such large household debt loads […].

145

145

Realty Biz

SEPTEMBER 14, 2021

What is Active Under Contract? In some places, active under contract indicates that a contract has been signed but is contingent on certain conditions being met before the sale is finalized. In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). You need to know some things when you are considering a property that is active under contract, and we will clarify them here.

Backup offer 145

Backup offer Purchase and sale agreement Inspection Sales 145

Keeping Current Matters

SEPTEMBER 29, 2021

If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO). But the truth is, a real estate professional can save you time and money by managing every step of the process, from pricing your home to reviewing documents and handling negotiations.

Agents 273

Agents Sales Inspection As-is 273

Realtor.com

SEPTEMBER 29, 2021

It's a seller's market, but not everything you hear about buying a home today is true. We asked real estate agents to weigh in on some homebuying myths. The post 6 Things People Say About Buying a Home Today That Actually Aren’t True appeared first on Real Estate News & Insights | realtor.com®.

Agents 144

Agents Marketing Inspection 144

Sotheby's International Real Estate

SEPTEMBER 18, 2021

Nothing compares to the experience of relaxing with a good book. From light-filled and contemporary to formal and wood-clad, these five libraries are ideal for displaying and enjoying a collection of favored volumes. Luxurious Light-Filled Loft. Manhattan, New York | Roberta Golubock, Sotheby’s International Realty – East Side Manhattan Brokerage .

Brokerage 143

Brokerage Design 143

Better Dwelling

SEPTEMBER 13, 2021

Canadian real estate has long been frothy, but how does it look compared to other countries? According to the US Federal Reserve (the Fed) exuberance index in Q1 2021, pretty bad. Only two G7 countries are considered exuberant markets (a.k.a. bubbles) — Canada and Germany. Those two countries are also the longest-running bubbles of any […]. The post Canada’s Real Estate Bubble Is The Second Longest In The World: US Federal Reserve appeared first on Better Dwelling.

Marketing 145

Marketing 145

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

Realty Biz

SEPTEMBER 1, 2021

Branding products are a great way to show appreciation and spread brand awareness with customers, at special events and during promotional moments. Everyone has that pen from their dentist that they carry around all the time or the cup from the sporting event that they regularly reuse. However, there are so many more options for branding products that aren’t typically seen. .

Branding 138

Branding Design As-is Industrial 138

Housing Wire

SEPTEMBER 13, 2021

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. 5. Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021.

Marketing 536

Marketing Sales Residential Brokerage 536

Keeping Current Matters

SEPTEMBER 24, 2021

Some Highlights. Due to low supply and high demand , today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values , and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.

Marketing 268

Marketing Agents Sales 268

The Mortgage Report

SEPTEMBER 14, 2021

Here are 7 things you should never do before buying a house. Follow these best practices to give yourself the best shot at mortgage approval and a low rate.

Mortgages 144

Mortgages 144

Advertisement

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

Sotheby's International Real Estate

SEPTEMBER 16, 2021

There’s a keen satisfaction that comes from tending to one’s own garden or orchard, and with an increased interest in self-sustainability as of late, it’s no wonder homeowners are turning to their own garden plots for dining inspiration. From vegetable gardens to orchards and olive groves, there’s little else quite like harvesting a bounty from your own property. .

143

143

Better Dwelling

SEPTEMBER 10, 2021

Either the Canadian real estate bubble is now a bubble on a bubble, or old enough it should be in school. The US Federal Reserve (the Fed) released its quarterly exuberance index for Q1 2021. The index, used to determine country-level housing bubbles, shows Canada is well into one. The unusual circumstances make it unclear […]. The post Canadian Real Estate Is Now A Bubble On Top of A Bubble: US Federal Reserve appeared first on Better Dwelling.

143

143

Lighter Side of Real Estate

SEPTEMBER 8, 2021

You need a new car. You need a new home. But will buying the former impact your ability to buy the latter? A recent article from realtor.com outlined the ways taking out a car loan could impact your ability to get a mortgage (and to get the best rate on that mortgage), including: Changing your credit score. When you apply for a car loan, it’ll show up as a hard inquiry on your credit report.

Debt-to-income ratio 134

Debt-to-income ratio Loans Finance Mortgages 134

Housing Wire

SEPTEMBER 29, 2021

Today’s pending home sales came in at a big beat of estimates, running at 8.1% for this report. More importantly, this data line looks just right. One of my main goals for sharing housing sales data in 2021 is to give people a sales trend range to work off this year to know if home sales are doing well. Last year we had an abnormal burst of housing demand that was just make-up demand from the COVID-19 pause in the second half of 2020.

Sales 520

Sales Development As-is Marketing 520

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

Keeping Current Matters

SEPTEMBER 16, 2021

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with the bidding wars over the homes that are available.

Sales 264

Sales New Construction Construction Equity 264

Realty Biz

SEPTEMBER 18, 2021

There are many ways to successfully invest in real estate. Hard money lending isn’t heard about as much these days but still has a valuable place in the investing world. Hard money lenders generally don’t value real estate in the same ways as most investors and other real estate professionals. Hard money loans can be easier to get, but they can be expensive.

Hard money loan 134

Hard money loan Finance Loans Investor 134

Sotheby's International Real Estate

SEPTEMBER 25, 2021

In sought-after locations from Southampton to San Francisco, these irreplaceable homes afford the opportunity to own a personal piece of history. Serene Southampton Compound. Dawn Petrillo & Pat Petrillo, Sotheby’s International Realty – Southampton Brokerage. Dating to 1893 and conscientiously renovated in 2014, this estate is nestled an idyllic gated setting.

Renovation 142

Renovation Brokerage 142

Better Dwelling

SEPTEMBER 6, 2021

The Canadian economy defied odds, and became more dependent on real estate investment. Statistics Canada (Stat Can) residential investment data shows a surge in current dollars for Q2 2021. The most recent quarter showed a massive climb — much bigger than GDP in general. This pushed residential investment’s share of the economy to a new […]. The post Canada’s Economy Hits A New Record For Dependency On Real Estate Investment appeared first on Better Dwelling.

Residential 143

Residential Mortgages 143

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

Eye on Housing

SEPTEMBER 14, 2021

In August, consumer prices increased at its slowest pace since February 2021. Prices for several travel-related categories declined in August, as the delta variant spreads. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in August on a seasonally adjusted basis, following an increase of 0.5% in July. Excluding the volatile food and.

131

131

Housing Wire

SEPTEMBER 17, 2021

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. The report analyzes MLS data from 51 U.S. metropolitan areas and includes all residential properties.

Marketing 493

Marketing MLS Title Sales 493

Fancy Pants Homes

SEPTEMBER 10, 2021

Home Alone, the cult classic comedy which turned Macaulay Culkin into one of the most recognizable child actors ever, is as present on our TV screens now as it was when it was first released in November 1990. The story of eight-year-old Kevin McCallister — who, accidentally left behind by his family during the holidays, is forced to defend his home from two dimwit burglars — is arguably the best Christmas movie of all time.

As-is 130

As-is Land Sales Design 130

Realty Biz

SEPTEMBER 30, 2021

Whether you are a seller, buyer, or investor, the Comparative Market Analysis (CMA) is an essential real estate pricing tool to understand. The basic purpose is to determine the current value of the property that constantly varies based on local market activity. Many factors are taken into consideration with local market values having the greatest effect, but other influences do strongly impact the current value of a property.

Marketing 132

Marketing Investor Sales As-is 132

Advertisement

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.

Agents

Sotheby's International Real Estate

SEPTEMBER 21, 2021

Records from the New York State Historical Association recount that the first American flag featuring white stars in a blue field was designed not by Betsy Ross but by members of a Third New York Regiment company led by John Hulbert, then a captain and later a colonel in the colonial armed forces. In the lush front yard of this timeless home on Captains Row—one of two built by Hulbert in Sag Harbor in the late 1700s—a plaque at the base of a flagpole proclaims that legacy, declaring that Hulbert

Brokerage 140

Brokerage Design 140

Better Dwelling

SEPTEMBER 30, 2021

High inflation might seem like a global phenomenon these days, but that appears to be a media bias. The August Consumer Price Index (CPI) for G7 countries shows not all have elevated levels of inflation. Canada and the US are showing significantly higher headline inflation than their peers. Initially it was sold as transitory, but […]. The post Canada And The United States Have The Highest Inflation In The G7 appeared first on Better Dwelling.

142

142

Eye on Housing

SEPTEMBER 9, 2021

According to the most recent release of the Bureau of Labor Statistics Producer Price Index (PPI), the prices of goods used as inputs to residential construction including and excluding energy have risen 19.0% and 12.0%, respectively, year-to-date (YTD). In contrast, the index for final demand goods has climbed 7.2% and that for final demand goods less food and energy is.

Construction 127

Construction Residential As-is 127

Housing Wire

SEPTEMBER 30, 2021

The average 30-year-fixed mortgage rate rose 13 basis points to 3.01% for the week ending Sept. 30, according to Freddie Mac’s latest PMMS survey. Mortgage rates had been roughly flat for seven weeks, and this is the first time it rose above 3% since June. Sam Khater, Freddie Mac’s chief economist, said in a statement that rates rose across all loan types, in conjunction with the 10-year U.S.

Fixed-rate mortgage 483

Fixed-rate mortgage Mortgages Banks Loans 483

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.

Sales