Housing Wire
SEPTEMBER 2, 2020
The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. “The buyers are coming in because of the low interest rates – that’s the No. 1 reason,” said Lawrence Yun, chief economist of the National Association of Realtors said in an interview with HousingWire.
Keeping Current Matters
SEPTEMBER 3, 2020
Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming weeks might just be the timing you’ve been waiting for.
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Eye on Housing
SEPTEMBER 4, 2020
Using the 2018 Rental Housing Finance Survey (RHFS) published by the US Census Bureau, this post examines the characteristics of rental housing in the United States. The RHFS provides measures of financial, mortgage, and property characteristics of rental properties in the US on a current and continuous basis.[1] General Characteristics The 2018 RHFS survey shows that there are 19,955,000 rental.
Realtor.com
SEPTEMBER 3, 2020
SolStock/Getty Images You’re no Bob Vila , but part of being a homeowner or renter is knowing how to tackle common home repair projects on your own. We’re talking about tasks that fall somewhere between changing a lightbulb and hardwiring a light fixture. These projects aren’t exactly no-brainers, but they also won’t put you at risk of electrocution.
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Housing Wire
AUGUST 31, 2020
According to Census data, approximately 21% of renter households are behind on rent payment, and it’s estimated that up to 40 million renters could face eviction over the next few months after federal eviction moratoriums expired in late July. Now, states and localities are deciding if and when to end or extend eviction moratoriums. Today, eviction moratoriums are expiring in Atlanta and Pennsylvania.
Keeping Current Matters
AUGUST 31, 2020
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy a home this season. Javier Vivas, Director of Economic Research at realtor.com, explains : “COVID-19 has accelerated earlier trends, bringing even more buyers than the mark
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
SEPTEMBER 1, 2020
Liam Norris / Getty Images With the coronavirus still going strong, this fall season is likely to unfold quite differently from the past. With many offices still closed—and schools open intermittently or not at all—you may be wondering: What will you and your family do with all your time stuck at home? The solution may be a simple and fun home upgrade you can all enjoy: a crafting area.
Housing Wire
AUGUST 31, 2020
Black Knight has acquired DocVerify to boost its e-notarization capabilities. Black Knight announced the purchase of the privately held company on Thursday, without disclosing the terms of the transaction. “The acquisition helps accelerate Black Knight’s goal of digitizing the entirety of the real estate and mortgage continuum as DocVerify’s trusted and proven digital document verification capabilities are already seamlessly integrated with Expedite Close, Black Knight’s digital closing platform
Keeping Current Matters
SEPTEMBER 1, 2020
When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and here’s why.
Eye on Housing
AUGUST 31, 2020
As record-low mortgage rates continue to fuel housing demand, pending home sales increased for a third straight month in July. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI rose 5.9% from 115.3 in June to 122.1 in July. On a year-over-year basis, sales were.
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Realtor.com
SEPTEMBER 2, 2020
realtor.com A spacious Staten Island, NY, house is a pink time capsule ready for a new owner to crack open its blush-colored charms. “Everything is in very good condition,” says listing agent Richard Nichilo. “It may not be updated, but it’s in very good condition.”. Built in 1970, the home on Fingerboard Road is on the market for $829,000.
Housing Wire
SEPTEMBER 1, 2020
The Consumer Financial Protection Bureau issued a consent order against two companies on Tuesday following recent investigations of mortgage companies that use deceptive mailers to advertise loans guaranteed by the United States Department of Veterans Affairs. Those investigations have resulted in actions against six companies this summer. The most recent cases were those against Service 1st Mortgage, Inc. , and Hypotec Inc., which found the companies had sent consumers numerous mailers for VA-g
Keeping Current Matters
SEPTEMBER 4, 2020
Some Highlights. The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible. From more outdoor space to virtual classrooms for their children, buyers have a growing list of what they’d like to see in their homes. Reach out to a local real estate professional today if your needs have changed and your wish list is expanding too.
Eye on Housing
SEPTEMBER 1, 2020
National home prices increased modestly in June. While Las Vegas, San Francisco, New York, Chicago, Seattle, Boston and Cleveland experienced price declines, Charlotte posted the strongest annual growth rate among the 19 metro areas in June. 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 growth rate of.
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Homes.com
SEPTEMBER 2, 2020
The acronyms of real estate can be overwhelming. Here’s a list of the ones you're likely to run into when buying or selling a house. The post Acronyms of Real Estate: What Homebuyers Need to Know appeared first on Homes.com.
Housing Wire
SEPTEMBER 2, 2020
Mortgage applications fell 2% last week, according to a report from the Mortgage Bankers Association, marking the third week of declines. The refinance index also fell 3% last week, however remained 40% higher than the same week one year ago. Despite 30-year fixed and 15-year fixed mortgage rates declining to near historical lows, both conventional and government refinancing activity fell last week, said Joel Kan, MBA’s associate vice president of economic and industry forecasting.
Afford Anything
AUGUST 31, 2020
Has the pandemic caused you to feel less-than at any point? Do you find your painstakingly-formed money habits harder to stick with? Are you worried about losing your job or figuring out how to make ends meet? Many of us have faced one or all of these pressures since March. And we’re wearing thin, if we haven’t already crumbled. Today’s guest, Dr. Dan Ariely, best-selling author and famed behavioral economist, has a simple message for us: “My responsibility ends at me doing the best job I can.”.
Eye on Housing
SEPTEMBER 3, 2020
Both weekly initial jobless claims and continuing claims, which lag initial jobless claims by one week, declined, mainly reflecting a change in the methodology from the Labor Department. Starting in September 3, 2020, instead of multiplying the unadjusted number by the seasonal factor, the Bureau of Labor Statistics (BLS) has decided to use the additive method to seasonally adjust the.
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.
The Close
SEPTEMBER 2, 2020
It is widely known that email is an effective form of marketing. However, you may not be seeing the results from your email campaign that you feel you should. The problem is likely that your customers are receiving the “marketing” but not the “message.”. After coaching agents for the past 11 years, I’ve noticed two common beliefs that agents have that cause ineffective marketing: The first is they want to provide value to their entire database, and second is they don’t want to come across too “s
Housing Wire
SEPTEMBER 3, 2020
WEST , a Williston Financial Group company, announced this week that its cybersecurity service WESTprotect.com , created to aid title and real estate agents as well as lenders from potential online risks and email fraud, is now available on an on-demand and self-serve basis. The site offers free sign-up for fraud alert warnings, risk reports, and the company’s cybersecurity help desk, WESTprotect 411 – an email-analysis subscription service that analyzes suspicious emails and reports back within
Realtor.com
SEPTEMBER 3, 2020
Christoph Lambio / EyeEm / Getty Images When was the last time you smiled with pride upon opening a cleaned-up junk drawer or closet? If you can’t recall ever having this feeling, it’s time to hit these hot spots. In fact, it’s smart to tackle organization projects now , since you’re likely to be spending tons of time at home anyway, because COVID-19 is lingering on.
Eye on Housing
SEPTEMBER 4, 2020
In August, total payroll employment rose by 1.4 million and the unemployment rate fell to 8.4%. The U.S. labor market continues to recover from the COVID-19 crisis. Residential construction employment rose by 27,700 in August to 2.9 million. Total construction industry (both residential and nonresidential) employment rebounded to 7.2 million in August.
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
AUGUST 31, 2020
Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.
Housing Wire
SEPTEMBER 4, 2020
realtor.com named Bob Evans vice president of industry relations, where he will lead the company’s long-standing efforts to engage and support its industry partners. This includes Realtor associations, MLSs, agents, brokers, lenders and title companies. Bringing 35 years of industry experience to his new positions, Evans said that he is “thrilled to move into this role at such a pivotal time in our industry and for the company.”.
Realtor.com
AUGUST 31, 2020
ronstik/Getty Images When the mercury is rising, it should be an easy decision: Do you run the air conditioning or open the windows? In reality, the choice isn’t always so obvious. You may think open windows are the more economical choice, but constantly starting and stopping your central AC or window unit can be inefficient and costly. And if you have environmental allergies, do you really need to run the AC even on mild days?
Eye on Housing
SEPTEMBER 1, 2020
NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $546.6 billion in July. It was up 2.0% this month after four consecutive monthly decreases. Total private residential construction spending was 0.5% higher than a year ago. The monthly gain is largely attributed to the steady growth.
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The American Genius for Real Estate
AUGUST 31, 2020
[MARKETING] Your website copy may be too dense, unreadable, and turning away sales. Here’s some tech to help you out. The post Your website copy may be too hard to read; these services help appeared first on The American Genius Real Estate.
Housing Wire
SEPTEMBER 1, 2020
RE/MAX Holdings and its mortgage franchise Motto Mortgage announced Tuesday the acquisition of wemlo , a mortgage processing startup, for an undisclosed amount. Dustin Morton, vice president of product and strategy at Motto Mortgage, recognized wemlo’s potential right away. “Our network has grown so fast, and we’re always kind of hungry for more solutions when it comes to processing,” Morton told HousingWire.
Realtor.com
SEPTEMBER 3, 2020
realtor.com Pasadena sits about 10 miles north of downtown Los Angeles and boasts its fair share of grand estates. Many date to the early 20th century, when moguls made their home in the area. However, a more modern home rivals the old-money mansions—both in size and price. It’s on the market for $39.8 million, and you can now become the lord or lady of the priciest home in Pasadena.
Eye on Housing
SEPTEMBER 3, 2020
Like much of the nation, the top single-family home building metros are facing elevated jobless rates. Reported below are the top 10 metro areas by number of single-family permits authorized over the first six months of 2020. Combined, these top building markets issued 30.6% of all single-family permits through June. Metropolitan Statistical Area Single-family Permits: June (Units #YTD, NSA) Houston-The.
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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