Eye on Housing
FEBRUARY 22, 2022
An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market continues to occur. According to fourth quarter 2021 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area increased.
RIS Media
FEBRUARY 25, 2022
The 30-year fixed-rate mortgage (FRM) averaged 3.89% this week, according to Freddie Mac’s most recent Primary Mortgage Market Survey (PMMS) released Thursday. Key findings: 30-year fixed-rate mortgage averaged 3.89% with an average 0.8 point for the week ending February 24, 2022, down from last week when it averaged 3.9%. A year ago at this time, the 30-year FRM averaged 2.9%. 15-year fixed-rate mortgage averaged 3.14% with an average 0.7 point, down slightly from last week when it averaged 3.1
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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.
Housing Wire
FEBRUARY 24, 2022
Stocks fell Thursday as Russian troops launched a full-scale attack in Ukraine, and at least in the short-term, the turmoil could lower mortgage rates in the U.S. During large-scale disruptions, investors often flee to safer options, such as U.S. Treasury notes, bonds and mortgage-backed securities. All things being equal, that dynamic tends to put downward pressure on mortgage rates.
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Keeping Current Matters
FEBRUARY 23, 2022
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses.
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
Keeping Current Matters
FEBRUARY 21, 2022
In an annual Gallup poll, Americans chose real estate as the best long-term investment.
Maximum Exposure Real Estate
FEBRUARY 23, 2022
Some Listings on Zillow Are Not For Sale And Never Will Be Have you ever heard the term “pre-foreclosure listings?” If you’re a first-timer, you’re likely to find a pre-foreclosure listing. When you perform a search on Zillow for homes for sale, the results you get may include some houses that are not actually for […]. The post Zillow Pre-Foreclosure Listings Are Not For Sale appeared first on Maximum Real Estate Exposure.
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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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.
Keeping Current Matters
FEBRUARY 22, 2022
Many things have changed over the past couple of years, and real estate is no exception.
Eye on Housing
FEBRUARY 24, 2022
Confidence in the market for new multifamily housing improved in the fourth quarter of 2021, according to the latest results from NAHB’s Multifamily Market Survey (MMS). The MMS produces two main indices. In the fourth quarter, the Multifamily Production Index (MPI) increased one point to 54 from the previous quarter while Multifamily Occupancy Index (MOI) decreased six points to 69.
GeekEstate
FEBRUARY 25, 2022
Our “GEMbreaker” networking series continues…a round of (virtual) 1-on-1 conversations to meet a handful of amazing innovators. We’ve done more than 15 of these rapid-fire networking sessions previously, but this is the first time we’re focusing the marketing/audience/ connections on one specific topic by making it an Affordability Innovations event.
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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.
Housing Wire
FEBRUARY 22, 2022
The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Explosive supply and labor costs are forcing long delays and leaving builders out of pocket, as the United States’ property fervor drives insatiable demand. . Many people are referring to this time as a ‘profitless boom’ for the building industry.
Keeping Current Matters
FEBRUARY 24, 2022
Almost every industry is currently struggling with supply chain disruptions.
Eye on Housing
FEBRUARY 22, 2022
National home prices grew at an unsustainable pace in December, supported by strong demand and record-low inventory. Home price appreciation is expected to slow in the coming quarters as rising mortgage rates price some homebuyers out of the market. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual.
Sotheby's International Real Estate
FEBRUARY 23, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ?. Kihei, Hawaii | Ryan MacLaughlin & Alex Cortez, Island Sotheby’s International Realty . Featuring breathtaking ocean views overlooking the coastline of Wailea and Makena, with unobstructed multi-island view corridors, the thoughtfully designed luxury estate offers nearly 7,000 square-feet of interior living area and over 3,000 square-feet of covered lanai, for s
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.
Housing Wire
FEBRUARY 22, 2022
Servicers’ forbearance portfolio volume continued to drop in January, but some borrowers exiting plans are still facing financial challenges. The total number of loans in forbearance decreased by 11 basis points, from 1.41% in December to 1.30% in January, according to the Mortgage Bankers Association (MBA). In total, about 650,000 homeowners were in forbearance plans as of January 31.
Maximum Exposure Real Estate
FEBRUARY 21, 2022
What Does Under Contract Mean? When you think you’ve found your perfect property listing, you might start imagining yourself living in the home. But before you start picturing where you’re going to position your furniture, have you checked the listing status? If the listing says “under contract” or “pending,” your hopes of owning the home […].
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!
Easy Agent Pro
FEBRUARY 22, 2022
The media love to tell us that housing is unaffordable to the average Joe or Mary. Two groups of Americans know this first-hand: Real estate buyers’ agents and Millennials. A recent Clever Real Estate report takes stock of the state of the housing market for the latter and found that “Millennials are willing to make rash decisions to afford a home in a competitive market, including buying a home sight unseen (90%), purchasing a fixer-upper that needs major repairs (82%), and offering over asking
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.
Housing Wire
FEBRUARY 25, 2022
With refinance volumes anticipated to decrease by 62% this year and many originators experiencing layoffs, lenders are looking for a way to diversify their offerings with non-QM products and gain new business in order to maintain profits. “I think non-QM could be another money-making product for all of these originators,” said Keith Lind, executive chairman and president at Acra Lending.
Eye on Housing
FEBRUARY 25, 2022
The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties. While townhouse construction has trended higher in recent quarters, the multifamily segment of the missing middle (apartments in 2 to 4 unit properties) has disappointed. For 2021, there were only 12,000 starts of such residences.
BubbleInfo
FEBRUARY 25, 2022
This week, the Wall Street Journal ran a story entitled, ‘How Should Realtors Get Paid’ The author is a general freelance writer who describes herself as ‘a versatile writer with experience covering a wide range of topics. As a freelancer I contribute regularly to the Wall Street Journal, writing about personal finance, healthcare, aging and […].
The American Genius for Real Estate
FEBRUARY 24, 2022
(MARKETING) Getting in touch with potential clients is the difference between sinking or swimming, so how does one get around the Do Not Call list!? The post How real estate agents are getting around the Do Not Call list appeared first on The American Genius Real Estate.
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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.
Housing Wire
FEBRUARY 23, 2022
Mortgage applications decreased 13.1% for the week ending Feb. 18 to the lowest level since December 2019, as mortgage rates eclipsed the 4% mark. The Mortgage Bankers Association ‘s seasonally adjusted refi index fell 15.6% from the previous week, bringing its share of total applications to almost equal the purchases share at 50%. Meanwhile, the purchase index dropped 10.1%, falling again for the third straight week.
Sotheby's International Real Estate
FEBRUARY 21, 2022
Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Dumbo, New York | Karen Heyman, Alan Heyman, & Casey Heyman, Sotheby’s International Realty – Downtown Manhattan Brokerage. The Building: The buildings main entrance is located on the Plymouth Street, a picturesque cobblestone street with a west facing vistas of the Brooklyn and Manhattan Bridges.
BubbleInfo
FEBRUARY 24, 2022
Will the Ukraine war have an impact the real estate frenzy? It’s likely to have the same effect as rising mortgage rates – it will make buyers want to hurry up and buy something so they can hunker down. But the less-motivated buyers have to be getting to the point where they are looking for […].
Brownstoner
FEBRUARY 22, 2022
Construction workers are preparing to begin work tearing down the Brooklyn Detention Complex in Boerum Hill, which comes as the latest step in the the long-term plan to close Rikers Island. North Star, the demolition company contracted to tear down the jail and build an interim secure entry point known as… Read More > The post Workers Will Remove Asbestos Before Demo of Brookyn Detention Complex in Boerum Hill appeared first on Brownstoner.
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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