Sat.May 01, 2021 - Fri.May 07, 2021

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Navigating appraisal challenges in today’s housing market

Housing Wire

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. .

Marketing 545
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Why Waiting to Buy a Home Could Cost You a Small Fortune

Keeping Current Matters

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To determine if they should buy now or wait another year, they both need to ask two simple questions: Do I think home values will be higher a year from now?

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How to get your bathroom ready when selling a home

Imagine Your House

Selling a home in an expeditious manner will largely be dependent upon how well you prepare your home, before putting it on the market for sale. Lynn Pineda, Southeast Florida, eXp Realty Real Estate Agent. Simple ways to get your bathroom ready Second topic in Series 1 that’s all about getting your home ready to sell – All things Bathroom. Selling a home in an expeditious manner will largely be dependent upon how you prepare your home when selling.

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Canadian Households Now Need Up To 32 Years To Save For A Downpayment: NBC

Better Dwelling

Canada’s hottest real estate markets for young adults are far outside of the city. That’s because saving the down payment to be in some cities, would take the majority of their adult lives. National Bank of Canada (NBC) found a sharp deterioration of affordability in Q1 2021. The median household now needs to save up […]. The post Canadian Households Now Need Up To 32 Years To Save For A Downpayment: NBC appeared first on Better Dwelling.

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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.

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When will the Federal Reserve raise rates?

Housing Wire

I propose adding a new pastime to our gold standards of baseball, barbecues, and Thanksgiving dinner. This new pastime I call Fed-Watch or When Will the Fed Raise Rates? Since the financial crisis of 2008, this pastime has gained popularity to the point where this guessing game has become an obsession and started to drive some folks a little batty. Insanity and Gold Bugs go together like a horse and carriage, peanut butter and jelly and salt and pepper, or so I’ve been told. .

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Check Out a $6M Mansion Carved Into Salt Lake City’s Mount Olympus

Realtor.com

realtor.com It’s one thing to own a home on top of a mountain, but how about a home carved right into the side of a hill? That’s exactly what makes this 13,588-square-foot home in the exclusive Olympus Cove neighborhood of Salt Lake City, UT, so appealing. The mountainside mansion is now on the market for $6 million. Known as “Monte Olimpo,” it’s the only home that has been or ever will be allowed to be built on the 9,573-foot Mount Olympus, a popular day hike for locals.

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Canadian Home Prices Increased So Fast, It Wiped Out Savings From Lower Rates

Better Dwelling

Falling mortgage interest rates didn’t give much relief to Canadian real estate buyers. Canada Mortgage and Housing Corporation (CMHC) data shows the average monthly payment for new mortgages increased in Q4 2020. The size of the increase isn’t all that important, so much as the fact it increased at all. Mortgage rates were cut by […]. The post Canadian Home Prices Increased So Fast, It Wiped Out Savings From Lower Rates appeared first on Better Dwelling.

Mortgages 143
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More renters and homeowners are making payments

Housing Wire

Fewer than 5 million households failed to make their rent or mortgage payments in March 2021, an improvement from December 2020 and the lowest number since the onset of the COVID-19 pandemic, according to a first quarter 2021 report released by the Mortgage Bankers Association. The study, which surveyed over 8,000 households and was dubbed “Housing – Related Financial Distress During the Pandemic,” found that 7.7% of renters (2.56 million households) missed, delayed, or made a

Mortgages 460
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The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Keeping Current Matters

Some Highlights . Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war.

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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.

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5 Things Your Real Estate Website Should Have

RIS Media

When having a website, there are a few elements that you should have in place to generate leads. Not only should your SEO be on point, but your site should be easy to use and have the right content. Neighborhoods. Most buyers and sellers won’t have a problem finding a website to search for their next home or to find their home’s value, but they will likely need help finding information about particular neighborhoods.

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Banks Forecast The BoC Will End QE This Year, And Hike Rates As Early As Next

Better Dwelling

The Canadian economy is recovering faster than expected, and inflation is running hot. As a result, the Bank of Canada (BoC) is expected to hike rates and end QE more quickly than previously thought. Here’s the accelerated timeline two of Canada’s “Big Six” banks see. RBC Forecasts Rate Hikes By Next Year, QE Ending This […].

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What a dismal jobs report means for the housing market

Housing Wire

April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March , roughly 40% of the population had achieved vaccination, and key sectors of the economy planned large-scale reopenings. Instead, the U.S. Labor Department reported that a mere 266,000 new jobs were created in April, far below projections.

Marketing 460
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Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

Keeping Current Matters

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher value. Recently, two national surveys revealed the reasons homeownership is such an important part of life.

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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.

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Rent to Own: What You Need to Know About Renting to Own

Maximum Exposure Real Estate

Rent to Own Homes—The Basics Have you heard about the potential to rent to own? Lots of people wonder how rent-to-own purchases work. You have probably seen advertisements for rent-to-own properties at one time or another. While these own options are not common, they appear from time to time and may appeal to you if […]. The post Rent to Own: What You Need to Know About Renting to Own appeared first on Massachusetts Real Estate Exposure.

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5 Fabulous Closet Design Trends That Are Hot Right Now

Realtor.com

Getty Images; The Container Store Closets come in all shapes, sizes, and styles. And while we all wish we could have a magical closet a la “The Lion, the Witch, and the Wardrobe” to fit all of our stuff in, in the real world we have to work with what we have. Whether big or small, disorganized or tidy, your own closet could probably stand to be refreshed with one (or more) or the latest design trends.

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6 things you should do after moving into your new home

Housing Wire

You’re all moved into your new home – now what? Unfortunately, there’s still work to be done until you can sit back and relax. And no, we’re not talking about scrolling through Pinterest for decor inspiration. As a new homeowner , there are a few important things you should do now that you’ve moved in to ensure your home is safe and secure.

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Three Ways to Upgrade Your Home to Sell

Coldwell Banker

The Power to Transform Your Home: Real estate agents across the nation are leveraging RealVitalize to win listings and add value to their business. The post Three Ways to Upgrade Your Home to Sell appeared first on Coldwell Banker Blue Matter.

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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.

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First Right of Refusal: How Does a Real Estate Right of First Refusal Work

Maximum Exposure Real Estate

What to Know About a Right of First Refusal Clause in Real Estate Sales Do you have your home for sale, and a buyer has proposed a right of first refusal? Over my nearly thirty-four years in the business, numerous clients have asked me what is a right of first refusal and how do they […]. The post First Right of Refusal: How Does a Real Estate Right of First Refusal Work appeared first on Massachusetts Real Estate Exposure.

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New & Notable Luxury Homes For Sale Over $20 Million | May 2021

Sotheby's International Real Estate

From a transformative contemporary home in New York City to homes in Utah, Switzerland, and California, these are this month’s four featured notable properties for sale over $20 million. New York, New York. New York, New York | Juliette R. Janssens & Allison B. Koffman, Sotheby’s International Realty – East Side Manhattan Brokerage. Linked by a series of doors, the public spaces—a formal dining room, an expansive living room, and an inviting library—make a marvelous enfilade of s

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Mortgage complaints hit three-year-high, CFPB says

Housing Wire

In April, the Consumer Financial Protection Bureau warned the industry of its plans to keep a much closer eye on servicers as they transition borrowers out of forbearance. On Tuesday, a report from the government watchdog may have just kicked up the incentive. According to the report, in March 2021, consumers submitted more mortgage complaints to the CFPB than in any month since April 2018.

Mortgages 438
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Before making a 20% mortgage down payment, read this

The Mortgage Report

Making a large downpayment is not the conservative investment you believe it is. The risks of putting 20% down on a home are real. Know what you should do.

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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.

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Prospective Buyers Are Quickly Becoming Active Buyers

Eye on Housing

Of the 16% of American adults considering a future home purchase in the first quarter of 2021, 63% have moved beyond planning and are actively trying to find one to buy, up from the comparable 49% share a year earlier. This increase marks the fifth consecutive year-over-year gain in the share of prospective buyers who have become active buyers. Several.

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Luxury Real Estate Headlines: First Week in May 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Laguna Beach, California | John Cain, Pacific Sotheby’s International Realty . A beautiful beachfront property that was once the home of screen legend Bette Davis has gone on the market for $19.995 million. Inside Bette Davis’s former coastal home – a stunning French Normandy estate in Laguna Beach – Homes & Gardens.

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DIY projects to increase your home value

Housing Wire

In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. 58% of those individuals did the work themselves. With so many American’s spending time at home, this really shouldn’t come as a surprise.

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If You’re Not Worried About Inflation Burning You, “You’re Not Paying Attention”: BMO

Better Dwelling

Another Big Six Canadian bank is warning inflation will be worse than people think. Not one, but two inflation research notes were published by BMO this week. Yeah, it’s only Tuesday. Chief economist Douglas Porter says there are many signs inflation will run hot. The bank warned, “if you’re not just a bit worried about […]. The post If You’re Not Worried About Inflation Burning You, “You’re Not Paying Attention”: BMO appeared first on Better Dwelling.

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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.