Thu.Jan 21, 2021

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Mortgage rates hold steady at 2.77%

Housing Wire

The average mortgage rate for a 30-year fixed loan fell two basis points last week to 2.77%, according to Freddie Mac ’s Primary Mortgage Market Survey. Now 12 basis points above the record low set Jan. 7 , rates more closely resemble those seen over two months ago. The 15-year fixed mortgage rate also shifted downward to 2.21 from 2.23 the week prior.

Mortgages 538
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What Experts Are Saying about the 2021 Job Market

Keeping Current Matters

Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at the Wall Street Journal (WSJ), explains : “The economy is probably not slipping back into recession.

Marketing 192
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Biden appoints new HUD chief of staff

Housing Wire

After his inauguration Wednesday, President Joe Biden swore in Jenn Jones as the new chief of staff for the U.S. Department of Housing and Urban Development. Jones will replace former HUD Chief of Staff Andrew Hughes. She was among several senior appointees who took part in a virtual swearing-in ceremony at the White House led by Biden after the presidential inauguration earlier in the day.

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6 Ridiculously Easy Organizing Resolutions You Can Actually Stick to This Year

Realtor.com

mmpile/Getty Images If your relationship with New Year’s resolutions is anything like ours, then things tend to fall by the wayside right about—well, now. Mid-January has been statistically proven to be the time when all those well-intentioned goals get left behind and replaced with well-worn habits of years past. So if getting organized was one of your resolutions in 2021, there’s a good chance you’ve thrown in the towel and are already starting to see the clutter pile up.

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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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Hispanic households to grow the most over next 20 years

Housing Wire

In a release on Thursday , the Urban Institute projected the future headship rate — the share of adults who are the heads of households — and the homeownership rate — the share of household heads who own their homes — through 2040. Per Laurie Goodman, Urban Institute vice president of housing finance policy, policymakers and thought leaders need to understand the trajectory of the homeownership rate — where it has been, where it is going, who it has benefitted, and who it has left behind.

Land 479
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What to Know About Inheriting A Property

Homes.com

You just inherited a property from a relative’s or friend’s estate – now what? While receiving a real estate gift may sound appealing, there are several things to know (and do!) if you find yourself heir to real estate property. The post What to Know About Inheriting A Property appeared first on Homes.com.

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Coldwell Banker Around the World: January 2021

Coldwell Banker

For our inaugural Coldwell Banker Around the World blog post, we are heading to the sunny climate of Cascais, Portugal. In addition to becoming a popular international travel destination for leisure over the years, Pedro Abecassis, the broker-owner of the office who we spoke with, notes the area is ripe for quality investments too. The post Coldwell Banker Around the World: January 2021 appeared first on Coldwell Banker Blue Matter.

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Startup profile: Propy

Housing Wire

Taken from the December/January issue of HousingWire Magazine, Propy is making its splash in the real estate transaction process. Back in 2019, the National Association of Realtors announced it was backing HousingWire 2020 Tech100 Real Estate winner Propy, a Silicon Valley startup whose real estate software aims to automate real estate transactions and allows properties to be bought and sold in an automated digital process that includes the use of cryptocurrency.

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The tables have turned: Zillow being sued for violating antitrust law

The American Genius for Real Estate

(REAL ESTATE CORPORATE) A Vermont real estate company is bringing a lawsuit against Zillow for violating antitrust laws. Will it be enough to slow the real estate giant? The post The tables have turned: Zillow being sued for violating antitrust law appeared first on The American Genius Real Estate.

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Real Estate Demo Day: Keeping Current Matters

Housing Wire

KCM Membership. Keeping Current Matters is the go-to source for real estate agents looking to simplify the market and maximize their marketing. Our robust suite of personalized content, powered by the latest housing data, helps you stand out as the market expert and saves you time to focus on what matters most: your clients. #1. Marketing Made Easy – stay connected and increase your sphere of influence with daily content that’s easy-to-share for social media and marketing campaigns. #2.

Branding 361
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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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New to Market: Matt Damon’s Zen Los Angeles Home Asks $21 Million

Fancy Pants Homes

As part of his plan of leaving Los Angeles and moving his family to the Big Apple, Matt Damon has now listed his Pacific Palisades home for sale. And he’s hoping to cash in big from the sale, asking $21 million for the Zen-inspired contemporary home set in one of LA’s most desirable neighborhoods. Recently listed with Eric Haskell , an agent with celebrity real estate brokerage The Agency , Matt Damon’s house is an architectural masterpiece with 7 bedrooms, 10 baths, tons of di

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Real Estate Demo Day: BoomTown

Housing Wire

BoomTown. BoomTown has all the tools, technology, and teams you need for real estate success. It’s the only solution that generates and manages your leads, with 300+ experts at your back. Our lead generation, consumer websites, CRM, lead qualification services, and more, come in flexible packages that scale with your success. #1. Founded in 2008. #2.

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Trying To Find a Renter? How To Show Your Apartment and Make a Great Impression

Realtor.com

Kosamtu/Getty Images If you’re a landlord who owns an investment property (bravo, by the way!) and are looking for a new tenant, you need to get your rental space up to snuff—and you need to know your facts. Luckily for you, we’re here to help! Here’s the lowdown. How much notice is required? What are the rules for showing an apartment if someone is currently living there?

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Real Estate Demo Day: Chime

Housing Wire

Chime Technologies’ AI Assistant. The AI Assistant is the industry’s first AI Chatbot built on Google’s machine learning technology. The AI Assistant is saving agents time and effort while simultaneously carrying on hundreds of conversations with leads. Agents using the AI Assistant are only handed leads who have been warmed up and ready to have a conversation. #1.

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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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Fully Covered: The Wallpaper’s Gone Wild in This Palm Springs Oasis

Realtor.com

One Point Media Group A desert home slathered with wallpaper is waiting for its next owner. The home’s exterior may be sedate, but the interior is quite a jolt. “The wallpaper is a combination of pink, blue, and some silver. That’s what stands out when you walk in. You open the front door, and first thing that just stands out is the wallpaper.

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Notarize taps Larry D’Angelo as president and chief commercial officer

Housing Wire

This article originally appeared in FinLedger , HousingWire’s sister-publication focused on Fintech. Notarize has tapped Larry D’Angelo as its first president and chief commercial officer, the company announced on Thursday. Boston-based Notarize is a remote online notarization business that helps companies digitize across the real estate, auto, financial services and other industries.

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Nevada real estate is a great investment

Realty Biz

According to Zillow, Nevada homes have gone up in value by 6.9% over the last year, and they’re expected to rise by 8.5% in 2021. With no capital gains tax and some of the lowest property taxes in the country, Nevada is a great place to invest in a home. The local tech career market is on the rise and more remote employees are moving from the coast every day, so the state is expected to get even hotter in the years to come.

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New Zillow Rental Policy Could Cost Industry ‘Tens of Millions of Dollars’

RIS Media

Last year, Zillow announced the launch of its own brokerage: Zillow Homes. Due to this, starting this year, rental listings syndicated through the MLS are no longer feeding directly to Zillow. Agents and brokers who would like their rental listing on Zillow, must now do so through Zillow’s Rental Manager, a contract-based service that starts at $9.99 weekly, per listing.

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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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Best programs for getting a mortgage with a disability in 2021

The Mortgage Report

Learn about grants and home loans for disabled individuals that can make it easier and more affordable to buy your own home.

Mortgages 134
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Tips for a Selling a Tenant-Occupied Property

Realty Biz

It’s certainly your house to sell. But tenant-occupied investment houses present unique challenges when landlords are ready to sell. You have two primary concerns that need to be dealt with. 1. The tenant has specific rights that you must comply with. Not complying can cause bitterness from the tenant and very possibly fines and/or fees if you violate their rights. 2.

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Women Leaders in Virtual Real Estate

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. Women make an incredible difference in the often male-dominated real estate industry. At MyOutDesk, we know this, and we celebrate women in the field. As the No. 1-rated virtual assistant company by TechRadar, I’d like to share the story and experiences of Chai Estrellanes, a virtual professional who has served thousands of real estate professionals over the

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City Planner Turned Developer Seeks Variance to Put Up 15-Story ‘Model Block’ in Red Hook

Brownstoner

A city planner turned developer who lives in Red Hook wants to erect a new 15-story mixed-use building at 145 Wolcott Street he says will bring a “Model Block” of apartments, offices, light manufacturing, restaurants and art spaces to the historic waterfront neighborhood. “We asked our neighbors: What do we need… Read More > The post City Planner Turned Developer Seeks Variance to Put Up 15-Story ‘Model Block’ in Red Hook appeared first on Brownstoner.

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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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Feng Shui Staging Tips

RIS Media

If you’re looking to spice up staging strategies for your listings, you might consider incorporating some Feng Shui techniques. According to Dictionary.com , Feng Shui is “the Chinese art or practice of creating harmonious surroundings that enhance the balance of yin and yang, as in arranging furniture or determining the siting of a house.” While you may not have the time or the resources to apply every Feng Shui principle to each listing, here are some that are relatively easy

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Canadians Collecting Unemployment Benefits Surges To A Record High

Better Dwelling

A record number of Canadians are collecting unemployment benefits. Statistics Canada (Stat Can) data shows claims for regular employment insurance (EI) benefits in November. Unadjusted claims for the month came in at a record high for the data set. While it’s a historic surge, it was largely expected due to changes in the qualifying criteria. […].

Mortgages 105
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Twisted Tuna Seafood Festival - Stuart

Waterfront Properties

The Twisted Tuna, 4290 Southeast Salerno Road Stuart presents “The Twisted Tuna Seafood and Pirate Festival 2021 This will be the very first annual Twisted Tuna Seafood festival ever. Be a part of a new tradition and history in the making. The outdoor festival offers 3 days of fresh seafood, cold drinks, live music amp; 40+ local vendors Best of all entree is FREE Come enjoy the best seafood in Stuart (or Florida for that matter) while browsing over 40 local vendors and listening to a great

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Fastest-Growing Communities as Canadians Leave Big Cities

Point2Homes

Image: shipfactory / Shutterstock.com. Canada’s smaller cities are experiencing a significant boom as people flock to communities outside of the country’s larger urban areas, according to recent information released by Statistics Canada. Based on data collected from July 1, 2019, to July 1, 2020, Oshawa, ON, was the fastest-growing community in Canada, boasting a population increase of 2.1%.

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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.

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Realty ONE Group a ‘Fastest-Growing Franchise’

RIS Media

Realty ONE Group recently announced they were once again named to Entrepreneur magazine’s 42nd Annual Franchise 500® , breaking into the top 100 fastest-growing franchises in the U.S. in this year’s ranking. The Las Vegas-based franchisor is also the only real estate company on the list to rank higher than last year, having surged up the list from its place below the 200 mark just two short years ago. “Our Franchise 500 ranking speaks volumes about our tenacity and persistenc

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Bank of Canada Index Shows Real Estate Is The Most Affordable In Years. It’s Wrong

Better Dwelling

Over the past few weeks, older homeowners have been pointing me to Canada’s Affordability Index. The index, created and maintained by the Bank of Canada (BoC) shows a big drop in Q3 2020. Further, it also spurred a few emails saying affordability was worse in the ’80s, Millennials are just complaining. Well, the issue is […]. The post Bank of Canada Index Shows Real Estate Is The Most Affordable In Years.

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Stimulus 2021: What You and Your Clients Need to Know

RIS Media

Finding a way to balance expenses, salaries and all the other costs associated with being a real estate agent during uncertain times can be difficult. Luckily, you may be able to take advantage of some of the benefits in the recent stimulus package that was approved by Congress. Understanding these benefits and how they affect your business can be challenging; that is why we invited Mark Kohler, a notable CPA and attorney, on our Secrets of Top Selling Agents webinar , to provide the best strate

Agents 104
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Mortgage and refinance rates today, January 21, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was a small drop but it inches them further toward the all-time low, though there’s still a way […].

Mortgages 101
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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.