Housing Wire
FEBRUARY 16, 2022
Mortgage applications decreased 5.4% for the week ending Feb. 11, reflecting what the mortgage market looks like when rates eclipse 4% for the first time since 2019. The Mortgage Bankers Association ‘s seasonally adjusted refi index fell 8.9% from the previous week, bringing its share of total applications to the lowest level in 19 months. Meanwhile, the purchase index dropped a mere 1.2%.
Keeping Current Matters
FEBRUARY 14, 2022
Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes.
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RIS Media
FEBRUARY 16, 2022
A strong job market is helping to boost renter confidence as we enter the third year of the pandemic, according to a new survey released Tuesday by Avail, a part of realtor.com ®. According to the survey, 82% of renters said they have not missed a rent payment over the past 12 months, up significantly from 57% in Sept. 2021. Looking forward, more than three-quarters of renters (77%) don’t expect to miss a rent payment in the next three months—more than double the 38% who said this in the Sept.
Maximum Exposure Real Estate
FEBRUARY 18, 2022
How Do Closing Cost Credits Work In real estate, there are specific terms you should understand well. Two such terms are closing costs and closing cost credits. If you are selling a home, there is a good chance that you will encounter a buyer that requests you to pay part of their closing costs. It’s […]. The post Closing Costs and Closing Cost Credits Explained appeared first on Maximum Real Estate Exposure.
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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.
Keeping Current Matters
FEBRUARY 15, 2022
If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
Housing Wire
FEBRUARY 18, 2022
Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% from the prior month to a seasonally adjusted annual rate of 6.5 million. January sales fell 2.3% from a year earlier, though the median existing-home price rose 15.4% annually to $350,000, according to the Friday report from the National Association of Realtors.
Keeping Current Matters
FEBRUARY 16, 2022
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting.
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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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. .
Housing Wire
FEBRUARY 18, 2022
You can’t please all the people all of the time, but Redfin is a unique real estate brokerage , an instant homebuyer, a popular listings website, a platform for renters, a mortgage company, a title company, a concierge service, and a research service on the U.S. housing market. What does that all add up to? A company that posted a $110 million dollar loss in 2021, a sextuple leap from the $19 million lost in 2020.
Keeping Current Matters
FEBRUARY 17, 2022
A recent survey revealed that many consumers believe there’s a housing bubble beginning to form.
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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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.
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.
Housing Wire
FEBRUARY 18, 2022
Realogy CEO Ryan Schneider. The record climb in home sales and staggering increase in home price has not necessarily translated into success for the biggest U.S. residential real estate companies. Zillow , Compass , and Redfin each posted nine-figure losses in 2021. However, at least one significant player did capitalize on housing’s banner year. Brokerage and franchise conglomerate Realogy reported its yearly financials Thursday, and the Madison, New Jersey-headquartered company tallied $343 mi
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.
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.
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.
Maximum Exposure Real Estate
FEBRUARY 14, 2022
What is DOM in Real Estate? During the home buying or selling process, you might encounter new terms and abbreviations you don’t understand. One such abbreviation might be DOM, which means Days on Market. The DOM meaning is the number of days that the home has been listed in the MLS. It starts from when […]. The post How Does Days on Market Impact Home Sales: DOM Explained appeared first on Massachusetts Real Estate Exposure.
Housing Wire
FEBRUARY 16, 2022
In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. The problem with private money lenders is that good ones are hard to come by. Let’s look at what private money lenders do and how they operate, as well as the potential benefits of using private or hard money loans and how to locate and select a reputable private money le
Brownstoner
FEBRUARY 18, 2022
Three generations of the Robinson-Torain family have called a brownstone in Crown Heights their home for more than 70 years. They may not be there much longer. The family is enduring a third forced eviction attempt from the real estate company that now owns the brownstone, Mandy Management. The family had… Read More > The post Crown Heights Family Fights Eviction From Their Brownstone Home of Over 70 Years appeared first on Brownstoner.
Eye on Housing
FEBRUARY 17, 2022
The number of single-family built-for-rent (SFBFR) construction starts increased almost 16% in 2021, after a record-breaking third quarter for production. The SFBFR market is a way to add inventory amid concerns over housing affordability and downpayment requirements in the for-sale market, particularly during a period when a growing number of people want more space and a single-family structure.
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.
The Mortgage Report
FEBRUARY 16, 2022
Home buyers are feeling the squeeze of low inventory and heavy competition. Here's how to fight home buyer burnout and stay motivated in this market.
Housing Wire
FEBRUARY 18, 2022
Fannie Mae recently announced that it will begin to “include a desktop appraisal option in Desktop Underwriter beginning March 19, 2022. According to Fannie Mae, “Desktop appraisals are disclosed as “Appraisal” as the property value is obtained through an appraisal that was completed by a licensed or certified appraiser. Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform des
The American Genius for Real Estate
FEBRUARY 15, 2022
(TECHNOLOGY) Keeping your website and mobile up to date is the first step. Check out these UX and UI design trends that will dominate the future of tech. The post 5 UX and 5 UI design trends leading the way for 2022 and beyond appeared first on The American Genius Real Estate.
Eye on Housing
FEBRUARY 18, 2022
Despite record-low inventory and higher prices, existing home sales jumped in January as buyers expected further rate increases and locked in current low rates, according to the National Association of Realtors (NAR). However, investors with all-cash offers were squeezing out first-time and young homebuyers. More supply especially at lower-end market is needed in order to improve housing affordability.
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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.
Lighter Side of Real Estate
FEBRUARY 17, 2022
The pain of finding out that friends or family bought or sold a house with another agent rarely goes away — no matter how long you’re in the business. You may get better at coping with it over time, but it still stings. Maybe it’s an honest mistake. People may not know how the business works, and that agents only make money when (and if) they sell a house.
Housing Wire
FEBRUARY 16, 2022
The mortgage servicing rights market took off like a rocket in January and it has continued to accelerate into the stratosphere in February, according to industry experts who follow the MSR market closely. About $180 billion in residential bulk MSR assets were brought to market just in the month of January, “and February will be another huge month as well,” according to Michael Carnes, managing director of the MSR valuation group for New York-based Mortgage Industry Advisory Corporation (MIAC).
Brownstoner
FEBRUARY 17, 2022
A visit to an unusual new building going up in Red Hook shows the event space, art gallery and bar envisioned by its owner and Tribeca Pediatrics founder Michel Cohen is coming along nicely. The exterior of 202 Conover Street, aka Project Genesis, appears finished -- and a fair amount… Read More > The post Red Hook Art Gallery Nears Finish Line as Owner Expands Tribeca Ped to Brownsville and Beyond appeared first on Brownstoner.
The American Genius for Real Estate
FEBRUARY 18, 2022
(REAL ESTATE) Home sales are looking good, but let's not pop the champagne quite yet - 2022 is still going to be a rough ride. The post Home sales swell 6.7% in January but troubles linger appeared first on The American Genius Real Estate.
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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