Sat.Dec 25, 2021 - Fri.Dec 31, 2021

article thumbnail

The 2021 housing market recap by Logan Mohtashami

Housing Wire

A bullish housing market. What a year 2021 has been. We started the year with many pundits saying that the U.S. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. However, not only did the U.S. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades.

Marketing 533
article thumbnail

6 Ways to Prevent A Remodeling Nightmare

Realty Biz

Unmet expectations, incomplete jobs, failed DIY projects — these cautionary tales plague homeowners and investors as they contemplate their home improvement projects. If a neglected home is deteriorating, it may be better to sell “as is” to a company that buys houses fast for cash — no repairs needed. But if you have the time and money, renovations can increase your resale value.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Private Mortgage Insurance (PMI)?

Realty Biz

Private mortgage insurance (PMI) might sound like something that will protect you if you can’t make a mortgage payment. There is some limited truth to that but mostly PMI is something that you pay as a homebuyer, but is for the benefit of your lender. PMI is almost always required when you take out a conventional loan with a down payment that is less than 20% of the purchase price.

FHA loan 109
article thumbnail

Key Things To Avoid After Applying for a Mortgage

Keeping Current Matters

Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close.

Mortgages 263
article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

article thumbnail

The secondary market is primed to rise in 2022

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Marketing 450
article thumbnail

The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes

Better Dwelling

The Canadian real estate boom has produced a gold rush, and now everyone is trying to sell you a home. It’s a country-wide phenomenon, as people see a low barrier of entry and large commissions. However, nowhere has taken to the trend like Toronto, which now has more Realtors than teachers. A lot more. Not […]. The post The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes appeared first on Better Dwelling.

As-is 145

More Trending

article thumbnail

5 Tips for Making Your Best Offer on a Home

Keeping Current Matters

As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place.

Marketing 254
article thumbnail

What’s next after a historic housing boom?

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

article thumbnail

Canada’s Real Estate Bubble Has Buyers Paying 2x The Mortgage of Existing Owners

Better Dwelling

Canadian homeowners often say affordability isn’t that bad, new buyers just need to stretch further. That’s because they’re most likely unaware they’re paying half of what it takes to buy a home now. Equifax data shows an average homeowner pays half as much on a mortgage compared to buyers in Q3 2021. This trend has […].

Mortgages 142
article thumbnail

Step Inside Bing Crosby’s Estate — That Once Welcomed JFK and Marilyn Monroe

Fancy Pants Homes

Bing Crosby’s midcentury modern home in Rancho Mirage, Calif. is back on the market Asking $4.5 million, the property has been listed for sale a few times before, with no takers The home is most famous for hosting illustrious guests, and rumored to be the place where JFK and Marilyn Monroe spent time together. The Palm Springs area was a crazy popular celeb destination in the 1950s and ’60s.

Design 131
article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

article thumbnail

Expert Insights on the 2022 Housing Market

Keeping Current Matters

As we move into 2022, both buyers and sellers are wondering, what’s next?

Marketing 251
article thumbnail

Aurora stays course on Better.com merger

Housing Wire

Blank check company Aurora Acquisition Corp. said on Monday that Vishal Garg is still Better.com ‘s CEO, and that it will keep the proposed merger with the digital mortgage lender. The communication comes after Garg took leave early this month in response to an onslaught of negative media coverage because he laid off 900 employees via Zoom. Garg is on leave to “reflect and refocus” but will remain the company’s CEO, the SPAC said in a document filed with the Securities an

Finance 431
article thumbnail

Canada Sees New Mortgage Payments Rise 12% As Low Rates Turn Toxic

Better Dwelling

Canadian households have much bigger mortgage payments, even with cheap debt. Or maybe because of cheap debt? The average mortgage payment in Q3 2021 showed a big jump, according to TransUnion data. Instead of lowering payments, low rates have fueled record home sales and refinancing. The increased demand has driven home prices higher leading to […].

Mortgages 137
article thumbnail

Inside a Rejuvenated Historic Townhouse in New York

Sotheby's International Real Estate

Known for its Greek Revival homes and Manhattan’s largest concentration of Federal-style row houses, the Charlton-King-Vandam Historic District was carved from the grounds of the Richmond Hill estate, built in 1767 and known for years as one of the most beautiful mansions in the city. After serving as George Washington’s headquarters during the Revolutionary War and the official mansion for Vice President John Adams, the property was purchased by Aaron Burr, who divided the acreage into lots and

129
129
article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

article thumbnail

Why Selling Your House with a Real Estate Professional Is Essential

Keeping Current Matters

Selling your house is no simple task.

242
242
article thumbnail

Servicers prepare to handle forbearance exits

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Mortgages 414
article thumbnail

How To Survive a Neighbor’s Construction Project (and Remain Neighborly)

Realtor.com

Realtor.com / Getty Images Most of us have neighbors who like to tackle projects around their houses. And you’ve likely learned to live with the occasional clacking and banging from their smaller DIY undertakings. First, there was the birdhouse construction, then the installation of the backyard playset, and finally the racket that produced a grill gazebo.

article thumbnail

Canadian Subprime Real Estate Buyers Surged Higher Last Quarter

Better Dwelling

After taking a break at the start of the pandemic, Canadian real estate has seen subprime borrowers return. Equifax data shows an abrupt uptick in the share of new mortgages going to subprime borrowers in Q3 2021. It’s still a relatively small share, especially in contrast to historic levels. However, this is the first time […]. The post Canadian Subprime Real Estate Buyers Surged Higher Last Quarter appeared first on Better Dwelling.

Mortgages 127
article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

article thumbnail

Holiday Hosting Starts With the Perfect Sip

Sotheby's International Real Estate

Photo courtesy of Ekaterina Kondratova / Shutterstock Inc. ‘Tis the season for good cheer—and that requires a great beverage for saying ‘cheers!’ with friends and family. Everyone has their own holiday traditions that involve special food and drink recipes, including Global Real Estate Advisor for Sotheby’s International Realty, Donna Burns, who has a fondness for hot apple cider.

As-is 123
article thumbnail

HW+ Member Spotlight: Sarah DeCiantis

Housing Wire

This week’s HW+ member spotlight features Sarah DeCiantis, chief marketing officer at United Wholesale Mortgage. As a 2019 Vanguard and Women of Influence , DeCiantis is the catalyst behind United Wholesale Mortgage’s strategic approach to marketing, which has helped the company become the No. 1 wholesale lender. DeCiantis oversees advertising, public relations, social media, creative and customer relationship management that has established the company as the gold standard of the wholesale mort

article thumbnail

The Price Is Wrong: Many Underestimate These Home Improvement Costs

Realtor.com

Getty Images First-time homebuyers may assume that once they purchase their home—an expensive feat these days—they are done bleeding money. However, they may not be properly budgeting for common home improvement projects, which can be substantial. Many Americans are underestimating the price of many popular home improvement and maintenance projects, such as installing new windows, doing the landscaping, and painting the interiors, according to a recent HomeAdvisor, powered by Angi, survey.

As-is 125
article thumbnail

Home insurance premiums rising faster than inflation

Realty Biz

If your home insurance policy is up for renewal, prepare to be shocked. That’s because rates are rising rapidly in many parts of the country due to what insurers say is increased risk from climate change. While homeowners’ insurance premiums are up by 4% on average, they have in fact increased by 11.4% since 2017, rising faster than inflation has during that time, the Washington Post reported.

As-is 121
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

article thumbnail

Many First-Time Home Buyers Are Overlooking a Competitive Edge in 2022

Lighter Side of Real Estate

Buying a house was challenging for many buyers in 2021, but especially for first-time buyers. Competition and prices were high, and inventory was low, and while some predictions suggest things will loosen up a bit in 2022, buyers will still need to have an aggressive strategy heading into the new year. According to this REALTOR Magazine article , first-time buyers are optimistic about their chances in 2022, and many are changing their strategies to increase their odds of success.

article thumbnail

Have you clearly defined your brokerage’s value proposition?

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Brokerage 397
article thumbnail

Do You Dare Peek at the 9 Wildest Real Estate Photos of 2021?

Realtor.com

Here at Realtor.com®, we see a lot of real estate listings. And when you scroll through homes all day, every day, you know that it takes something special to stand out from the crowd. Luckily for us—and you—we can safely say that 2021 delivered when it came to truly offbeat homes—with outlandish photos to match. We’ve rounded up our nine favorite photos of the year and would love for you to join us on a pictorial journey.

Land 122
article thumbnail

Tips to prevent winter property damage

Realty Biz

Homeowners need to take extra steps to protect their homes during the colder months, as the ice, wind and rain can wreak havoc at winter time. icicles hanging dangerously down from the roof covered with snow. Leaf Home, a home solutions provider, recently offered the following winter checklist for homeowners to protect their properties against seasonal damage.

As-is 120
article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

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.

article thumbnail

Canadian HELOC Payments Rise 6% As Dependence On High Real Estate Prices Deepens

Better Dwelling

Canadians are tapping their home equity with payments that rival rent costs just a few years ago. TransUnion credit data shows monthly home equity line of credit (HELOC) payments have surged in Q3 2021. Making the increase more impressive is this occurred with falling interest costs. Canadians are betting high home prices are here to […]. The post Canadian HELOC Payments Rise 6% As Dependence On High Real Estate Prices Deepens appeared first on Better Dwelling.

Equity 118
article thumbnail

The “Big Four” take on the upstarts in title insurance

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

Title 388
article thumbnail

Buying a Home in Today’s Market Can Lead to the 5 Stages of Grief—Here’s How To Survive Them

Realtor.com

Realtor.com / Getty Images Matthew Libassi and his husband had been looking for a home for months when they found what they thought would be The One. The recently renovated three-bedroom Cape Cod would be less than a 5-minute walk to restaurants, coffee shops, and his gym on one of the main drags of St. James, NY, a cute town on the North Shore of Long Island.

Staging 120
article thumbnail

The Top Coldwell Banker Press Placements of 2021

Coldwell Banker

Extra, extra! Read the top 10 news items that ran from January through December of 2021 about Coldwell Banker and its stellar agents. This is just a sampling of the 14,000+ press placements that occurred throughout the year. The post The Top Coldwell Banker Press Placements of 2021 appeared first on Coldwell Banker Blue Matter.

Agents 116
article thumbnail

How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.