Trending Articles

Supply of new homes shows a stabilizing housing market

Housing Wire

Today the Census Bureau ‘s new home sales report came in as a beat of estimates at 740,000, but the most important aspect is that revisions came in positive for the prior months, which shows a more stable market as revisions are always key with new home sales and housing starts.

If You’re a Buyer, Is Offering Asking Price Enough?

Keeping Current Matters

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home.

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Existing home sales pop the 2021 housing bubble boys

Housing Wire

The National Association of Realtors reported existing home sales for August came in at a very tiny beat of estimates at 5,880,000.

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Two Reasons Why Waiting a Year To Buy Could Cost You

Keeping Current Matters

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home.

Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Join Paul Moya, CEO of Millennial Labs and the Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World, as he shares insights and information about the importance of understanding a buyer and how their needs change with each generation.

Builder Confidence Steadies as Material and Labor Challenges Persist

Eyes on Housing

Builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building material supply chain issues and labor challenges.

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Report warns mortgage industry is unprepared for climate change

Realty Biz

A report has raised concerns that stakeholders in the U.S. mortgage market, including lenders, investors and insurers, are woefully unprepared for accelerating climate change and the risk it brings.

Is a 20% Down Payment Really Necessary To Purchase a Home?

Keeping Current Matters

There’s a common misconception that, as a homebuyer , you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home.

Existing Home Sales Fall in August

Eyes on Housing

As tight inventory continued to push up prices, existing home sales fell in August but remain above pre-pandemic levels, according to the National Association of Realtors (NAR).

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How to use Zillow to grow your business in 2021

Inman

Find out how this real estate behemoth has been enhancing its services for agents over the past year, especially in its paid platform, Premier Agent. Then, determine whether Zillow is the right fit for your budget.

Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.

COVID Protections Continue, FHFA Extends Multifamily Forbearance Deadline

RIS Media

Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, according to the Federal Housing Finance Agency (FHFA). However, this will be subject to the continued tenant protections FHFA has imposed during the pandemic.

Dems propose 20-year mortgage for first-gen homebuyers

Housing Wire

The raft of legislation designed to spur first-time homeownership in America seems to grow by the minute. Another bill joined the fray, and its sponsors propose creating a new 20-year-fixed-rate mortgage program through Ginnie Mae.

August Housing Starts Lifted by Multifamily Development

Eyes on Housing

Total housing starts increased 3.9% in August, due to strength for multifamily development. According to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, single-family starts were down 2.8% for the month, while overall multifamily starts was up 21% in August.

Tap into the red-hot second home market

Inman

Today’s second home buyers are passing on condos, meaning competition and prices for single-family vacation homes in hot markets are way up. Buyers also want to spend more time in their second homes and aren’t interested in renting them out.

Bay Area Buyers

BubbleInfo

Lots of local real estate stories included here: [link] We’ve all heard about how home prices in San Diego have never been higher, and that demand is so great that homes for sale typically get multiple bids and wind up selling for more than the list price — in some cases, significantly more.

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Housing permits hold the key for economic expansion

Housing Wire

On Tuesday, the U.S. Census Bureau reported that housing starts hit 1,615,000 for August and housing permits came in nicely at 1,728,000. These data lines beat expectations, and we had slight positive revisions to the previous months — overall, a good report on all fronts.

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Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

Keeping Current Matters

A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home.

Real Estate Market Values Spike in the Second Quarter

Eyes on Housing

The latest Federal Reserve Z.1 Financial Accounts of the United States, i.e., the “Flow of Funds”, show that in the second quarter of 2021 the aggregate market value of all owner-occupied real estate in the United States registered the largest quarterly increase in the last 21 years of data.

How agents can navigate the stress of an unpredictable market

Inman

Between the challenge of acquiring listings, the rollercoaster of closing deals and the difficulty of securing an accurate appraisal when the data is changing on a daily basis, we certainly have our work cut out for us.

Mortgage Rates: Little Movement Amid Slowdown in Global Economic Growth

RIS Media

Freddie Mac’s Primary Mortgage Market Survey (PMMS) was recently released, reporting that the 30-year fixed mortgage rate (FRM) averaged 2.88®. Mortgage details: – 30-year fixed-rate mortgage averaged 2.88% with an average 0.7 point for the week ending Sept.

August housing starts better than expected

Housing Wire

homebuilders started construction on 1.615 million homes in August, up 3.9% from July 2021 and 17.4% higher than a year ago, according to a new report by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Is It Time To Move on to a New Home?

Keeping Current Matters

If you’ve been in your home for longer than five years, you’re not alone.

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Two-Story Foyer Sees an Opposite Trend in 2020

Eyes on Housing

Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows the share of new homes with a two-story foyer increased in regions where we saw a decline in 2019.

Sell real estate better with AI and fully automated marketing

Inman

Your real estate business will be much better equipped to perform well throughout any type of cycle or market condition with a proactive digital marketing strategy in place. Brokerage Sponsored Sell real estate better with AI and fully automated marketing

Just Listed! Home Sweet West Hills Oasis

The Living Room

4025 SW Westdale Dr. Portland, OR 97221. Grand SW traditional tucked back from the main roads in sought after Montmore! Spacious, open rooms, hardwood floors, ample storage space, and tons of custom built-ins throughout.

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Mortgage rates continue to idle at 2.88%

Housing Wire

The average 30-year-fixed mortgage rose, ever so slightly, to 2.88% for the week ending Sept. 23, according to Freddie Mac ‘s latest PMMS survey. Mortgage rates have been roughly flat for months now. The slowdown in economic growth around the world has caused a flight to the quality of the U.S.

How to refinance without an appraisal: 3 Strategies

The Mortgage Report

It may be possible to refinance without an appraisal, but only if you meet certain requirements. Learn about appraisal waivers and no-appraisal refinancing. Mortgage Strategy Refinance

HBGI: Small Outlying Counties Have Greatest Share of Most Affordable Markets

Eyes on Housing

Housing affordability has been a key driver of the suburban shift of home building activity over the last year and a half.

Take a 3D tour of the real-life ‘Conjuring’ haunted house

Inman

Take a virtual tour of the 285-year-old Rhode Island estate made famous by the 2013 horror flick "The Conjuring.". Agent Listings haunted home luxury home rhode island Sotheby's International Realty the conjuring

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How Houlihan Lawrence President and CEO Created a Brokerage Guided by Values

RIS Media

Elizabeth D. Nunan. President and CEO, Houlihan Lawrence, a member of Leading Real Estate Companies of the World®. Rye Brook, New York. www.houlihanlawrence.com. Region served: Markets North of New York City, as well as Fairfield County, Connecticut. Years in real estate: 30. Number of offices: 30.