Lighter Side of Real Estate

DECEMBER 27, 2022

While there’s a lot of chatter about real estate prices coming down, according to this Forbes article , home prices are still 6% higher than they were last year, when prices were considered historically high. However, it also speculates that a drop in prices could happen depending upon what happens with mortgage rates moving forward.

Banks 109

Banks Marketing Mortgages As-is 109

Realty Biz

MAY 22, 2022

Despite 30-year mortgages being firmly above a 5% interest rate, mortgage applications for home purchases increased 5% in mid-May. What is different this year is that buyers are turning to adjustable rate mortgages in higher numbers than at any time in the past 14 years. The demand for homes remains robust.

Short sale 90

Short sale Loans Mortgages Equity 90

First Team Real Estate

JULY 28, 2020

Showcasing his skill and tact, Bruce negotiated the lease income to be guaranteed by the seller and property management to not drop below the same income reported in 2019. RELATED ARTICLES: 4 Reasons Why Now Is the Ideal Time To Sell Your Southern California Home.

Commercial 98

Commercial Closing Sales Residential 98

The Close

JUNE 22, 2023

Related Articles 7 Critical Parts of Every Real Estate Investment Business Plan How Smart Investors Decipher & Respond to Real Estate Market Cycles 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year Is Right Now Really a Good Time to Invest in Real Estate? It’s a fair question! and prices are down 1.7%

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

Toronto Realty Blog

JUNE 20, 2022

That was the headline of the article. The previous regime of the US Federal Reserve was trying to combat both recessionary pressures and inflation simultaneously, with interest rates being lowered and raised like a yo-yo, making a mess of the financial markets, consumer expectations and understanding, and the price of goods and services.

Principal 97

Principal Fixed-rate mortgage Pre-approval Mortgages 97

Toronto Realty Blog

SEPTEMBER 6, 2022

Let me drop my daughter off at school at 8:25am, arrive at the office at 8:40am, crack the lid on my Tim Horton’s coffee, and get to work ! I was off to a great start but mangled my ankle in early-April and was only starting up again in August when I hurt my back. We all know what followed with interest rates: March 2nd: +0.25%.

Marketing 82

Marketing Banks Sales As-is 82

The Close

AUGUST 17, 2022

After the emails, we’ll give you eight expert tips for boosting your email and response rates. My schedule fills up quickly these days, so click below to reserve a time on my calendar below. Click below to schedule a call later this week. Click below to schedule an appointment. copy to clipboard. copy to clipboard.

Title 98

Title Marketing Agents As-is 98

Toronto Realty Blog

JULY 4, 2022

But while we can use numbers to say anything we want after the fact, by looking at price, sales, active listings, new listings, days on market, absorption rate, month-over-month, year-over-year, et al, today, I want to look at May specifcally to see if June follows suit. I have to think we see a drop to $1,190,000 or thereabouts.

Sales 83

Sales As-is Banks Marketing 83

The Close

SEPTEMBER 2, 2020

In this article, I will give you tips on how to write emails that will generate consistent referrals and repeat business. 3 What fees do I have to pay to sell my home? 14 What is mortgage insurance? 32 Are all mortgage company interest rates the same? 33 Should I do a 15- or 30-year mortgage?

Purchase and sale agreement 124

Purchase and sale agreement Renovation VA loan Pre-approval 124

The Close

AUGUST 18, 2022

And since almost every other demographic is sick of online ads, prospecting letters tend to have an excellent response rate. For this article, we pulled together 19 of the best real estate prospecting letters to help you connect with buyers, FSBOs, newly divorced homeowners, expired listings, and more. Related Article.

Purchase and sale agreement 98

Purchase and sale agreement Title Closing Short sale 98

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In fact, it was the skills I developed selling loans that helped develop my ability to influence policy leaders and others in industry during my time as Federal Housing Commissioner and as CEO of the Mortgage Bankers Association.

Marketing 517

Marketing Loans Mortgages Industrial 517

The Close

MAY 15, 2023

Not even the wild ’70s inflation, the astronomical interest rates of the ’80s, or the housing crash of the aughts have prepared us for the current market. In fact, inventory has dropped 25% since July 2022 and continues to hover at the bottom of that cliff it fell off, as demonstrated by the chart below: Existing home sales are down 2.4%

Marketing 105

Marketing Agents Mortgages Loans 105

Marco Santarelli

SEPTEMBER 6, 2020

We are not suggesting using crowdfunding instead of applying for a mortgage. You get a higher interest rate than you would if it sat in a money market account. You can choose the loan duration, whether they’re using crowdfunding to save money on hard money loans or in place of a mortgage. Real Estate Crowdfunding.

Lending 135

Lending Loans Investor Branding 135

HomeLight

MARCH 30, 2023

Everything from stubborn inflation and increasing mortgage rates to potential home price declines could cause potential buyers to rethink a new home investment. Prices are inching lower As high mortgage rates tamp down housing demand, prices are peeling back in some areas of the country. 2022) Portland -1.9% Las Vegas -1.8%

Mortgages 92

Mortgages Agents Marketing As-is 92

Notorious ROB

JUNE 11, 2022

The linked article is a longtime mortgage broker Louis Barnes sounding the alarm : During the last forty-four years, my days have begun and ended with the mortgage market. Mortgages are covered poorly in financial press, as stocks and such are much more entertaining. Rates are likely headed higher. CPI print.).

Fixed-rate mortgage 126

Fixed-rate mortgage Investor Mortgages Banks 126

The Close

SEPTEMBER 8, 2022

Statistics in this article: Real Estate Agent Statistics. There are currently more than 3 million active real estate licensees in the United States. Those numbers may be leveling off, marking a return to a normal expansion rate. Related Article. Related Article. Related Article. Looking for a Realtor?

Equity 139

Equity Agents Brokerage Closing 139

Notorious ROB

JULY 14, 2022

I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. And this article from yesterday titled “ With home sales down, why are home prices still up? This is a public call for help. I’m not ashamed to admit it.

Marketing 77

Marketing Investor Mortgages Construction 77

Toronto Realty Blog

JULY 18, 2022

Well, it appeared that within this 15-20 minute window, the Bank of Canada announced that they would raise the benchmark lending rate by 100 basis points, or a full 1.00%. One from a client: David, we just heard about the interest rate hike! What was going on? A hundred points! Ah, now the first message was in context.

Banks 95

Banks Lending Land As-is 95

Real Trends

DECEMBER 16, 2022

When we started 2022, everything was crazy — bidding wars, immediate sales, overbidding on homes, mortgage rates under 3% — what a year it’s been. This article will focus on what we can see for 2023. We’re going to start with mortgages. Mortgage rates are key. on the 30-year mortgage rate.

Marketing 86

Marketing Mortgages Sales As-is 86

Notorious ROB

JUNE 12, 2022

But, thanks to rising inflation that no amount of book-cooking can cover up, the Fed has been forced to “take action” by which we mean raise rates a tiny bit, then jawbone a whole lot about how tough they’re going to be on inflation. A recession is two quarters of negative GPD growth (contraction) in a row.

Investor 86

Investor Banks Bankruptcy Equity 86

The Close

SEPTEMBER 30, 2022

In this article, we’ll outline eight fantastic jobs you can do with your real estate license, including typical salary and the first steps to get started on each career path. You’ll also connect homebuyers with the necessary area professionals (like mortgage brokers, inspectors, appraisers, and more) to get them across the finish line.

Property Management 82

Property Management Development Investor Residential 82

Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. Their “Housing Market Recovery Index” reached 103.7

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

Marco Santarelli

AUGUST 10, 2020

to 22,744 new listings; active listings dropped 19.2% The complete “AUSTIN HOUSING MARKET REPORT” is given below. . The Austin real estate appreciation rate in the last quarter was around 0.83%, which amounts to an annual rate of 3.36%. months across the MSA due to drops in both new and active listings.

Marketing 141

Marketing Residential Investor Sales 141

Marco Santarelli

MARCH 24, 2021

Low mortgage interest rates, high demand and a shortage of homes continue to fuel the Charlotte real estate market and drive prices higher. of new listings and closes sales which dropped in the month of April. In April, the year-over-year sales in the Charlotte MSA dropped by a whopping 22.2% It mainly affected the no.

Marketing 119

Marketing Purchase and sale agreement Investor Sales 119

Toronto Realty Blog

JUNE 14, 2021

“That article.” “Did you read that article from yesterday?” He then realized the error of his ways – asking an extremely vague question which could refer to a thousand different articles, and he attempted to further explain, “…sorry, I mean the one with.” TorontoRealtyBlog.

Pre-approval 56

Pre-approval Pre-qualification As-is Mortgages 56

Marco Santarelli

JULY 30, 2020

Home sales dropped over the past couple of months but prices remain high. The inventory still remains tight, and with the surge in the Covid-19 cases, sellers may back out again to further decrease the listings. The latest “LOS ANGELES HOUSING MARKET REPORT” is given below. In June, we saw a rebound in home sales.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

JULY 24, 2020

This article has been updated to reflect recent changes in the housing market of San Francisco due to the coronavirus pandemic. In June, eight of the San Francisco Bay Area’s nine counties still experienced a year-over-year drop in active listings. The latest “SAN FRANCISCO HOUSING MARKET REPORT” is given below.

Marketing 144

Marketing Investor Sales As-is 144

Marco Santarelli

JULY 29, 2020

The latest “PORTLAND HOUSING MARKET REPORT” is given below. In the latest quarter, the real estate appreciation rate in Portland has been around 1.20%, which equates to an annual appreciation rate of 4.87%. The year-over-year median home sale price dropped in January 2020 for the first time since February 2012 in metro Portland.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 26, 2020

Even with the market virtually shutting down, there isn't a great drop in the open house attendance or sales activity. months of inventory—still well below what is required to meet the volume of buyers right now. By late 2019, Seattle home prices had begun once again to rise. from a year ago).

Marketing 141

Marketing Investor Sales As-is 141

Marco Santarelli

JULY 27, 2020

This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. The latest “SACRAMENTO HOUSING MARKET REPORT” is given below. In the latest quarter, the real estate appreciation rate in Sacramento has been around 0.76%, which equates to an annual appreciation rate of 3.07%.

Marketing 124

Marketing Investor Land Sales 124

The Close

SEPTEMBER 1, 2020

There is no set commission, but typically, that rate is about 3% for a buyer’s agent and 3% for a seller’s agent. How much you will make depends on a number of factors, but we’ve built a handy calculator into this article for you to use to figure out exactly what you can expect from your efforts as a part-time real estate agent.

Agents 124

Agents MLS Brokerage Branding 124

Marco Santarelli

SEPTEMBER 11, 2020

while new listing dropped by – 9.6% The local economy is strong and mortgage rates remain low. Colorado Springs real estate appreciation rate in the latest quarter was around 1.5%. Looking at the positive forecast, the annual appreciation rate is predicted to be between 6% to 17%. year over year.

Marketing 105

Marketing Investor Sales As-is 105

Marco Santarelli

AUGUST 4, 2020

Whether home sales would continue to climb up or plunge again in the third quarter of 2020 is not certain. The complete “HOUSTON HOUSING MARKET REPORT” is given below. . The forecast by Zillow also points in the same direction—a drop of 1.5% But its rate of appreciation continues to be slightly above the national rate.

Marketing 141

Marketing Investor Sales As-is 141

Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. July's real estate data by Realtor.com also shows that the Las Vegas housing market is heating up again. The new businesses are propping up at a much faster rate than the national average. year-over-year.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 22, 2020

They could sell homes for 98.63% of the asking price— 1.37% below asking price on average. In 2018, the Chicago real estate appreciation rate was running at about half the national rate; at a 3 percent range when the nation was at 6 percent. drop since last April. The home prices grew by a mere 1.5

Marketing 140

Marketing Sales Investor As-is 140

Marco Santarelli

JULY 9, 2021

This article has been updated to reflect recent changes in the Minneapolis real estate market due to the coronavirus pandemic. With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. percent from 2020, but dropped by 19.9 New construction sales dropped 5.5 Short sales fell 63.6

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

Marco Santarelli

SEPTEMBER 7, 2020

On average, they could sell homes for 98.58% of the listing price–just 1.42% below asking price. Orlando has once again proved to be one of the best places to invest in real estate in Florida. Even small changes in the appreciation rate can change the long-term value of buying considerably. below June 2019. Orange: 18.5%

Marketing 126

Marketing Investor Sales Fixed-rate mortgage 126