Housing Wire

JUNE 29, 2021

With the July 4th weekend nearly upon us, it’s time to reflect all that we have been through in the past year and how, as a country, we have overcome so many daunting obstacles, including what we have been through in the housing market. The first thing that pops into my shriveled brain is how the housing market looked in February of 2020. Data from that month showed that housing was breaking out — but because we received this data in March of 2020, we were all too busy trying to survive to take

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Keeping Current Matters

JULY 1, 2021

The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based on experience and expertise. Here are four expert opinions from professionals and organizations that have devoted their careers to giving great advice to the housing industry.

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Eye on Housing

JUNE 30, 2021

Previous posts reported on home buyer preferences for kitchen and bath features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition. The same study also asked the panel of 3,247 recent and prospective home buyers to rate a dozen different window types and materials on the following four tier scale: The general window characteristic that home buyers value more.

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Better Dwelling

JUNE 30, 2021

Remember that time the head of Canada’s central bank said the housing bubble was good for the economy? Soak it up, because that may be the last time it ever happens. The Bank of Canada (BoC) finished its technical report on the Terms-of-Trade Economic Model (ToTEM). The model, which is used by the BoC as […]. The post Bank of Canada Is Quietly Updating Forecast Models To Include Debt and Real Estate appeared first on Better Dwelling.

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Housing Wire

JUNE 30, 2021

The Broadmoor Hotel in Colorado Springs, Colorado. Brokerage executives are elated to see each other in person again. So long as it’s temporary. “It’s a tremendous opportunity to reconnect with everyone,” said Susan Yannaccone , chief executive of Realogy’s franchise network since last November. “The intangible connection you can make with people face-to-face or over a cup of coffee.

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Keeping Current Matters

JUNE 29, 2021

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic , elaborates : “The frequency of buyers being willing to pay more than the market data supports is increasing.”.

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Sotheby's International Real Estate

JUNE 26, 2021

Choosing classic paint shades is an effortless way to create a reliably stylish ambience in a home, but these plucky residences turn the sophistication up a notch with vivid, often unexpected doses of color. Consummate San Francisco Style. San Francisco, California | Gael Bruno, Sotheby’s International Realty – San Francisco Brokerage. On the top floor of a stately Edwardian building in San Francisco’s fabled Ashbury Heights neighborhood, this charming remodeled two-bedroom condomini

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Housing Wire

JULY 1, 2021

The average 30-year fixed-rate mortgage fell four basis points from the week prior to 2.98%, according to data released Thursday by Freddie Mac ‘s PMMS. Within the past almost three months, mortgage rates have only peaked above 3% one time. “Economic growth remains steady and is bolstering more segments of the economy,” said Sam Khater, Freddie Mac’s Chief Economist.

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Keeping Current Matters

JUNE 28, 2021

Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That’s one of the reasons why the percentage of people selling their own house has declined from 19% to 8% ( S ee graph below ): To help you understand just how much time a

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Realtor.com

JUNE 29, 2021

Getty Images If you’re selling your home right now—or thinking about doing it soon—you should know that today’s housing market is unlike anything we’ve seen or experienced lately, maybe ever. In the past, home sellers might have waited weeks or months to get an offer that might not be as high as they’d hoped. Buyers may have lowballed, or driven a hard bargain asking sellers to make certain repairs or other concessions before closing the deal.

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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

RIS Media

JUNE 29, 2021

Video walk-throughs of for-sale properties are a must for today’s real estate agents looking to gain new leads and sell homes fast. If this feature is not already part of your current marketing plan, it’s time to whip out your camera or smartphone and get shooting. Remember, you don’t need to be a film buff to create successful video tours of your properties.

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Housing Wire

JULY 1, 2021

Black Americans continue to face greater financial and generational barriers to homeownership than white Americans, with a recent study finding that only 45.1% of Black Americans bought or own their home as of the first quarter of 2021 — against 73.8% of white Americans. Per Redfin , 23% of white homeowners made no financial sacrifices to buy their first home, versus 14% of Black homeowners.

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Eye on Housing

JUNE 29, 2021

Consumer confidence continued its upward trend and approached to pre-pandemic level in May, as consumers became more upbeat about the current and future economic conditions and job market. Though short-term inflation expectations increased, it had little impact on consumer confidence or spending intentions. The share of consumers planning to buy homes, cars, and major appliances all increased, suggesting consumers will.

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Realtor.com

JULY 1, 2021

Getty Images The housing market may be taking one step forward—and two steps back. In a sign that the hot housing market is getting a little better for buyers, more homes hit the market in June, according to a recent Realtor.com® report. However, prices continued to soar, reaching a new all-time high. The number of new listings for sale increased 10.9% in June compared with a month earlier—and were up 5.5% annually.

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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.

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Toronto Realty Blog

JUNE 30, 2021

TorontoRealtyBlog. So you’re looking for a steal , eh? Or just a deal ? Maybe not a deal, but just a “feel-good” purchase? Perhaps you just want to buy a house or condo and not feel like you got beat up, right? I understand the psychology of buying properties in Toronto and I’m fully aware of the emotional roller-coaster that buyers ride through the process.

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Housing Wire

JUNE 29, 2021

Home prices in April saw an annual gain of 14.6% in April — up from a 13.3% increase in March, per the latest S&P CoreLogic Case-Shiller National Home Price Index. Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Index, called April’s gain “truly extraordinary,” as home price gains have been expanding for the last 11 months. “The 14.6% home price gain in the National Composite is literally the highest reading in more t

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BubbleInfo

JUNE 30, 2021

I have suspected that consumers rely on their zestimate more than we’d like to admit. It’s been around for ten years, so it’s familiar and easy. Because there isn’t any other internet tool like it, homeowners follow their zestimate and fantasize about their equity position – and start believing. Zillow sends regular reminders which reinforce […].

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Sotheby's International Real Estate

JULY 2, 2021

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Yamanashi, Japan | List Sotheby’s International Realty . Mountainous views and pine-scented soaks in an onsen provide a restorative antidote to lockdown — along with the occasional cocktail. Fantasy home: hot-spring tranquility in a traditional Japanese guesthouse – Financial Times.

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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

Realtor.com

JULY 1, 2021

Getty Images The COVID-19 pandemic saw many homebuyers prioritizing square footage and outdoor space like never before. Some folks left the tight confines of the city for wide-open floor plans, while others refused to even look at a house that didn’t have an expansive backyard. More space means more room to entertain, and if you’re a new homebuyer who’s spent months (or a year) dreaming about hosting a July Fourth shindig, now’s your time to shine.

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Housing Wire

JUNE 29, 2021

The Federal Housing Finance Agency (FHFA) found that house prices across the nation rose 16% from April 2020 to April 2021. From March to April, house prices across the nation rose 1.8%, surpassing the previous month’s 1.6% increase. Three regions — the Pacific coast, the western states and New England — saw more pronounced year over year increases.

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BubbleInfo

JULY 1, 2021

There is a collective mindset. For the last year, real estate has been hot around the world. When California gets cooking, so do all the neighboring states. And when America gets cooking, other markets around the world benefit too. There are varying degrees of hot, but we can say that real estate markets everywhere have […].

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Afford Anything

JULY 2, 2021

Okay, so everyone and their dog is talking about Bitcoin — but what exactly is it? And what’s Ethereum? There’s a famous adage that you should never invest in something that you don’t understand. Today’s episode is intended to help you understand WTF is going on. Here’s what we cover: We explain the history and purpose of blockchain, which is the technology underlying cryptocurrencies such as Bitcoin.

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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

Better Dwelling

JULY 2, 2021

Canada’s real estate boom is starting to slow down, with fewer new projects taking the first step. Statistics Canada (Stat Can) data shows the dollar value of building permits fell in May. After coming off of record highs, a decline should have been expected for the most part. The size of the fall was definitely […]. The post Canadian Building Permits Make Historic Drop, As Real Estate Slowdown Spreads appeared first on Better Dwelling.

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Housing Wire

JULY 1, 2021

“The thing we need in real estate is more buzzwords about tech,” deadpanned Craig McClelland, vice-president and chief operating officer of BHGRE Metro Brokers in Atlanta. So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference in Colorado Springs – “Intersection of tech and brokerage.”. Any real estate talk about technology can degenerate into to just saying the word “technology.

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Realty Biz

JULY 2, 2021

Black Americans are still finding it more difficult to become homeowners than their white counterparts, In many cases, they have to make more financial sacrifices and take on extra jobs in many cases to be able to afford their first home. That’s according to a new survey by Redfin , which said that only 45.1% of Black Americans owned their homes at the end of the first quarter of 2021.

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Realtor.com

JUNE 28, 2021

Getty Images There’s no denying it: Summer is the season of pests. Flies, mosquitoes, and rodents are all way more active during long, hot days—in search of food, moisture, and respite from the sun. The bad news for you? They’re likely to take their search inside your home. And although you can never fully guarantee your house is 100% pest-free, there are two main tactics you can take to control pests: prevent bugs from getting inside your home and deal with them when they arrive.

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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

Maximum Exposure Real Estate

JUNE 30, 2021

What You Need to Know About Donating Furniture and Clothes Are you looking to find where to donate furniture or clothing? Did you know some companies do furniture donation pick-ups? Well, it’s true. There are nonprofit organizations that offer free pickup of your charitable donations. Furniture donations are commonplace for quite a few people.

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Housing Wire

JULY 1, 2021

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. According to Buildfax, a housing data and analytics company, money spent on remodeling has increased over 40% from this time last year.

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Realty Biz

JUNE 29, 2021

When it comes to generating B2B leads via social media, most businesses use LinkedIn, Facebook, Twitter, or niche networks. However, Instagram could be successfully employed for B2B lead generation, even by realtors. . According to statistics , more than 90% of Instagram users follow at least one business, and 2 out of 3 agree that Instagram facilitates interaction with brands.

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Realtor.com

JULY 1, 2021

Getty Images The horrifying collapse of a condo building just outside of Miami has left the nation grappling with how a tragedy of this magnitude could have occurred on U.S. soil. In the aftermath of the deadly disaster, questions will need to be answered on what caused the unprecedented collapse of Champlain Towers South last Thursday. Building and inspection codes will likely be revised.

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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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