Housing Wire

FEBRUARY 22, 2022

homebuilder, housing starts, lumber, builders, builder confidence, construction. Nate Noel’s problem isn’t a lack of work. It’s everything else. “I used to be able to get guys no problem, but now I am bidding on guys and having to raise pay in order to keep the guys I already have, which is just continually raising my costs,” said Noel, the president of HNN Builders , a custom homebuilder in the Chicago area.

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Construction New Construction Industrial Residential 535

Eye on Housing

FEBRUARY 15, 2022

The prices of goods used in residential construction ex-energy climbed 3.6% in January (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index was led higher by a 25.4% jump in softwood lumber prices and 9.0% price increases for indoor and outdoor paint. Building materials prices increased 20.3%, year-over-year, and have.

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Construction Residential 134

Better Dwelling

FEBRUARY 1, 2022

Canadian real estate prices are some of the fastest growing in the world, and have been for some time. The US Federal Reserve (the Fed) updated its real home price index for Q3 2021. All G7 countries are seeing home price growth, but nowhere is quite like Canada. In Canada, real estate prices have grown […]. The post Canada’s Real Estate Bubble Has Grown Over 800% Faster Than US Home Prices appeared first on Better Dwelling.

Mortgages 145

Mortgages 145

Toronto Realty Blog

FEBRUARY 24, 2022

TorontoRealtyBlog. What’s the best film trilogy of all time? Many of you are going to say Lord of The Rings , and that’s fair, although I consider that to be the same movie divided into three. And that’s unfair of me to say, since I only saw the first film (and didn’t like it), and I also don’t support the “fantasy” genre.

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Closing costs Development Land Investor 142

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Sotheby's International Real Estate

FEBRUARY 3, 2022

Vancouver, British Columbia | Christa Frosch & Holly Calderwood, Sotheby’s International Realty Canada. Picture Iceland. Does it conjure images of azure fjords, steely volcanoes, aquamarine hot springs, rolling green hills, and crisp white glaciers? It’s an esteemed travel destination with enticing scenery—and with such a particular and recognizable color scheme, it’s no surprise that Iceland’s enchanting landscapes also inspire home decor. .

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Design 136

The American Genius for Real Estate

FEBRUARY 14, 2022

NAR CEO Bob Goldberg calls the racial homeownership gaps "the most consequential civil rights issue of our day" in this editorial. The post America’s racial homeownership gaps remain focus of the present and future appeared first on The American Genius Real Estate.

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Equity 134

Realty Biz

FEBRUARY 25, 2022

What is DOM? Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. After a particular moment in time, any of these products becomes stale.

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Days on market Marketing Sales Staging 134

Brownstoner

FEBRUARY 11, 2022

It has been years in the making, and this weekend as tours of Weeksville's historic Hunterfly houses resume, visitors will be able to get a glimpse of the completed 'In Pursuit of Freedom' exhibit. Set inside the only reproduction house amidst the row of original 19th century dwellings that are… Read More > The post Weeksville’s Long Awaited ‘In Pursuit of Freedom’ Exhibit Set to Open During Black History Month appeared first on Brownstoner.

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Eye on Housing

FEBRUARY 3, 2022

Most analyses of lumber price trends and levels fail to account for inflation because the price data for softwood lumber used in framing applications is generally quoted using the Random Lengths Framing Lumber Composite Price or lumber futures prices–neither of which is inflation-adjusted.

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Sotheby's International Real Estate

FEBRUARY 24, 2022

Lined with grand coastal getaways, Southampton’s Gin Lane dates to the days of America’s Gilded Age, when prominent families began building summer homes on Long Island in order to escape the city and enjoy the refreshing Atlantic waves. Widely considered the finest oceanfront estate in the area, this impressive property—whose history involves legendary architect Stanford White—recalls the refinement of a bygone era while exuding sophisticated modern seaside style.

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Brokerage 134

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

Fancy Pants Homes

FEBRUARY 28, 2022

Prolific property flipper Ellen DeGeneres just added another striking Montecito mansion to her real estate portfolio. According to Dirt.com , the talk show host spent a whopping $21 million to acquire Villa Tragara, a Moorish-style estate with Spanish and Italianate influences built by TV commercials director Kinka Usher. And if you think that’s a hefty price to pay, know that the villa was initially listed for $35 million.

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Commercial Design Brokerage Sales 126

Housing Wire

FEBRUARY 3, 2022

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. On Wednesday, the bank announced that it will consider applications for residential mortgage or home equity line of credit (HELOC) on the portal EZApply only until Feb. 11. The Spanish bank said it will continue to service current loans and honor pending borrowers’ applications.

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Banks Mortgages Fixed-rate mortgage Equity 433

Maximum Exposure Real Estate

FEBRUARY 11, 2022

Donate to Charity Are you in the process of selling your home? Do you need a donation pick-up? Maybe you are trying to eliminate the clutter that will make your property far more salable? Could you be trying to downsize, or perhaps try to clear out some room for things that fit your current lifestyle […]. The post 11 Charities and Organizations That Do Donation Pickups For Free appeared first on Massachusetts Real Estate Exposure.

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Marketing 126

Better Dwelling

FEBRUARY 4, 2022

Canada’s oldest bank sees today’s real estate markets having a lot in common with the late 1980s bubble. In a research note to its financial markets customers, the Bank of Montreal (BMO) highlights the similar trajectory homes have made. A similar event that slowed home price growth during that period is approaching — higher interest […].

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Banks Marketing Mortgages 126

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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.

Sales

Realty Biz

FEBRUARY 15, 2022

Interested in investing in real estate, but don’t have much cash or experience? Coughing up $50,000 as a down payment on a rental property is far from your only option to invest in real estate. As you explore your options, consider the following ways to invest in real estate. 1. Real Estate Stocks. Many industries intersect with real estate. For example, homebuilder stocks tie directly to the real estate market, as do home improvement retailers like Lowe’s and Home Depot.

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Renovation Loans Brokerage Investor 125

Sotheby's International Real Estate

FEBRUARY 8, 2022

Long one of San Francisco’s most coveted neighborhoods, prestigious Pacific Heights is celebrated for its verdant parks, the famed Lyon Street Stairs, and popular boutiques and cafés—but it is perhaps most widely admired for its historic, architecturally significant estates with manicured lawns and sweeping picturesque vistas of the bay. San Francisco, California | Gregg Lynn, Sotheby’s International Realty – San Francisco Brokerage.

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HomeLight

FEBRUARY 4, 2022

The pandemic cast our homes in a whole new light and subsequently shifted which renovations increase home value. Our abodes are now places to relax and recharge one moment, work without commuting to the office the next, and “vacation” without leaving town when needed. Kitchens and baths still matter to buyers, but now a home office and outdoor entertainment rival these spaces in importance.

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Renovation Agents As-is Design 123

Housing Wire

FEBRUARY 24, 2022

Zillow has been pilloried for diving headfirst into iBuying only to announce the money-losing enterprise’s demise in November. Meanwhile, Opendoor , the OG of an iBuying company with a national presence and patina of technological prowess, was upheld as doing things right. “If you read our SPAC filings,” Opendoor co-founder Keith Rabois, who is no longer part of company leadership, tweeted in November , “We explained how our algorithms actually work vs.

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Title Investor Finance Brokerage 424

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

The American Genius for Real Estate

FEBRUARY 28, 2022

(HOMEOWNERSHIP) You see the term in the MLS for fixer uppers, you hear it when Realtors are working with first time buyers. But the term "starter home" shouldn't be in anyone's vocabulary. Here's why. The post Why the phrase ‘starter home’ is overrated and overused appeared first on The American Genius Real Estate.

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MLS 122

Maximum Exposure Real Estate

FEBRUARY 20, 2022

Real Estate Terms You Need to Know Whether you are buying or selling, if you plan to make a real estate transaction, you will run into real estate terminology and definitions you are unfamiliar with. To make things a little easier, we’ve put together a list of standard real estate terms – and not-so-common words […]. The post Real Estate Terminology and Lingo You Should Know When Buying or Selling appeared first on Maximum Real Estate Exposure.

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Marketing 121

Realty Biz

FEBRUARY 21, 2022

Congratulations – you just passed the exam and you’re holding your freshly minted real estate license in your hand! So now it’s time to find a brokerage to work under. You didn’t study sales contracts, finance and real estate laws to sit around and do nothing, right? You want to put that knowledge to use and start earning an income as a real estate agent!

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Brokerage Agents Branding Technology 128

Sotheby's International Real Estate

FEBRUARY 15, 2022

In Japanese, the word amaya is written with characters that mean “heavenly valley.” Fittingly, the striking Japanese-inspired contemporary estate known as Amaya, occupies some 41 hillside acres in Northern California’s wine country. Dramatic vistas of deep verdant valleys, vineyard-speckled mountains, and a rare north-end view of the serene Lake Hennessey can be observed from nearly every pocket of the generous property.

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As-is 122

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

FEBRUARY 14, 2022

NAHB recently released its 2022 priced out estimates, showing how higher prices and interest rates affect housing affordability. The new estimates show that 87.5 million households (roughly 69 percent of all U.S. households) are not able to afford a new median priced new home in 2022, meaning their incomes are insufficient to qualify for a mortgage under standard underwriting criteria. .

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Mortgages 119

Housing Wire

FEBRUARY 22, 2022

The S&P CoreLogic Case-Shiller 20-city price index posted a 18.6% year-over-year gain in December, up marginally from 18.3% the previous month. The index increased 1.5% from November 2021. The national home price index showed similar helium, with an 18.8% growth rate between December 2021 and December 2020, basically in line with price growth in November.

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Finance Mortgages As-is Marketing 414

Brownstoner

FEBRUARY 7, 2022

North Brooklynites are trucking along in their mission to make “Banker’s Anchor,” a triangle of land at North 15th and Bank streets, into a public plaza. At just over 5,000 square feet, the spot doesn’t seem like much, but it became a popular gathering place for the neighborhood, especially during the… Read More > The post Locals Push City to Create Permanent Public Plaza at Greenpoint Intersection Near McCarren Park appeared first on Brownstoner.

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Land Banks 118

Maximum Exposure Real Estate

FEBRUARY 13, 2022

Tips on How to Deal With Bad Neighbors Do you want to know how to deal with toxic neighbors? Selling your home can be challenging, even in the best circumstances. There is just a lot of work involved in selling. So even if you do everything correctly and a buyer arrives on your doorstep the […]. The post How to Deal With Bad Neighbors When Selling a Home appeared first on Massachusetts Real Estate Exposure.

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Marketing 120

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Agents

The Mortgage Report

FEBRUARY 15, 2022

It's possible for two or more people to buy a home if all the buyers qualify for financing. Learn about buying a home with another person here.

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Finance Mortgages 132

Sotheby's International Real Estate

FEBRUARY 17, 2022

Aspen, Colorado | Matt Holstein, Aspen Snowmass Sotheby’s International Realty. The antidote to chilly winter weather? Slow activities like curling up indoors and staying warm by a fireplace, or taking a long, luxurious bath. There are also design elements that can help create cozy surroundings to provide maximum comfort when temperatures drop.

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Design 122

Eye on Housing

FEBRUARY 1, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in December after an increase of 0.7% in November 2021. Spending stood at a seasonally adjusted annual rate of $810.3 billion. Total private residential construction spending was 15.0% higher than a year ago. These monthly gains are attributed to the strong growth of spending.

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Residential Construction 118

Housing Wire

FEBRUARY 17, 2022

The average 30-year-fixed rate mortgage climbed to 3.92% for the week ending Feb. 17, up 23 basis points from the previous week. It’s the highest level since May 2019, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.81%. The PMMS report is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.

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Fixed-rate mortgage Mortgages Loans Industrial 414

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