Mon.Feb 22, 2021

Rocket Homes could be real estate’s sleeping giant

Housing Wire

During breaks in nearly every televised basketball game, it’s there: Tracy Morgan imploring pensive homebuyers “pretty sure” is not enough, and that they can only be certain about their giant life choice with Rocket Mortgage.

Where Have All the Houses Gone?

Keeping Current Matters

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale.

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Forbearances fall for third week in a row, to 5.22%

Housing Wire

The total number of mortgages in forbearance declined seven basis points to 5.22% in the week ending Feb. 14, according to the latest estimate from the Mortgage Bankers Association. The trade group said 2.6 million homeowners are currently in forbearance plans.

Top Challenges for Builders: Building Materials Prices in 2020 & 2021

Eye on Housing

Building materials prices topped the list of problems builders faced in 2020 and is expected to return to the number one spot in 2021, according to special questions on the December 2020 survey for the NAHB/Wells Fargo Housing Market Index.

Josh Team out as Keller Williams president

Housing Wire

Josh Team is out as president of Keller Williams , a few months after what appeared to be a promotion. Team wrote on his personal Facebook page Monday that, “I’ve decided to move on to my next opportunity from Keller Williams.

Rebound for Townhouse Construction

Eye on Housing

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction expanded to a 2.5 year high during the final quarter of 2020.

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NLP in Real Estate: The Art of Persuasion Through Better Communication

HomeLight

Communication is at the heart of real estate success. Marketing, sales, negotiation — it all relies on great communication skills.

SitusAMC acquires Street Resource Group

Housing Wire

SitusAMC , the New York-based real estate services and technology company that’s been on an acquisitions tear over the last year, has another feather in its cap: it has acquired warehouse loan software provider Street Resource Group.

Canadian Mortgage Rates Most Likely To Climb, Despite Low Overnight Rate

Better Dwelling

Canadian home buyers may be looking at higher mortgage rates sooner than expected. At least if they want to lock in their mortgage interest rate. The 5-year Government of Canada (GoC) benchmark bond yields in February, are almost double last year’s lows.

First American’s Odeta Kushi to speak at Spring Summit

Housing Wire

First American Financial Corporation’ s Deputy Chief Economist Odeta Kushi will discuss the economic forecast for the rest of this year at HousingWire’s Spring Summit on March 4.

Bully Bedlam!

Toronto Realty Blog

TorontoRealtyBlog. Have you ever called somebody, and upon them answering the phone, you start talking and just go, go, go, until suddenly, they interject and say, “Sorry, I”m on the other line, can I call you back?” ” How embarrassing! Right?

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How lenders will benefit from Proctor Financial’s acquisition of Loan Protector

Housing Wire

As a result of Loan Protector’s recent acquisition by Proctor Financia l, Proctor Loan Protector is now the largest managing general agency (MGA) in the market, meaning it is neither owned by nor confined to a single insurance carrier. This benefits the company’s clients in multiple ways. Proctor Loan Protector is able to shop rates among its carrier partners to find the best rates for clients and their borrowers.

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Realtor safety: When a stranger calls

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Realtor safety: When a stranger calls.

A Decade in Housing Unaffordability: Mortgage Burden Worsens in 51 of 100 Largest U.S. Cities

Point2Homes

Despite mortgage rates reaching historic lows, mortgage affordability continues to erode in the country’s largest and most in-demand cities. In a year as volatile and uncertain as 2020, the effect of lower mortgage rates was muted by soaring home prices , increasing demand and tight supply.

What was the real estate industry like 30 years ago?

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: What was the real estate industry like 30 years ago?

Events This Week At The Lighthouse

Waterfront Properties

During the week, the Jupiter Inlet Lighthouse and Museum hosts events and tours. The iconic lighthouse and the lighthouse grounds is one of Jupiter’s favorite spots to visit for locals and visitors. This week, the lighthouse is hosting two reoccurring and popular events.

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Engel & Völkers Toronto Central merges with Collingwood Muskoka

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Engel & Völkers Toronto Central merges with Collingwood Muskoka.

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The 8 best USDA lenders for 2021

The Mortgage Report

Compare the best USDA lenders to get a great deal on your home loan. USDA loans require zero down payment and have below-market interest rates.

How Much Is Capital Gains Tax on Real Estate? Plus: How To Avoid It

Realtor.com

alexsl / Getty Images Capital gains tax is the income tax you pay on gains from selling capital assets—including real estate. So if you have sold or are selling a house, what does this mean for you? If you sell your home for more than what you paid for it, that’s good news.

Setting a Foundation for Your Success as a New Agent

RIS Media

Real estate is the greatest business in the world, but it’s not always easy. It can be tough to get started. There’s a high turnover rate and it takes an enormous amount of commitment to succeed.

5 Ways to Win a Real Estate Bidding War without the Highest Bid

Redfin

You may shortly find yourself in a real estate bidding war if you’re one of the many first-time homebuyers looking to buy in competitive markets like Austin, TX or Denver, CO. You may also think the only way to win the house is by putting in the highest offer.

Using Videos to Be Memorable and Gain More Clients

RIS Media

Three Aspects of Video Communication to Achieve Maximum Impact. Have you ever noticed that people quote movies a lot more than they quote books? The reason is simple: Adding a face and a voice to a message makes it exponentially more impactful than relying on words alone.

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Diversity, equity and inclusion: A multifaceted approach

Inman

Efforts to right the racist wrongs of the past, to diffuse racial tension and to increase diversity in our communities and our company are important to every member of the John L. Scott Real Estate family.

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How to Decide on the Ideal Home Size for Your Family

RIS Media

Making the choice to purchase a new home is a major decision for anyone. Once you’ve settled on the idea that you do want to buy a home, there are many more options you’ll have to face; one of the most important is the ideal size of a home to best fit your family and lifestyle.

Zoom Zen Meditation Group - Jupiter

Waterfront Properties

Experience an hour of mindful mental silence and seek inner calmness. The Zoom guided meditation is presented tonight, February 22, 2021 at 7:00 PM – 8:00 PM. The leader is from the Palm Beach/Martin County Meditation Group and is an experienced practitioner of Sahaja Meditation.

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Product Showcase: Success Habits for Teams

RIS Media

Learn how to implement success habits into your daily and weekly routines to ensure that everything you do has a measurable, dollar-producing impact on your business. Cut out the fake work, stop making excuses, and start doing !

Canadian HELOC Balances Made The Biggest December Drop Since 1992

Better Dwelling

Canadians made an unexpected move to deleverage a little of their HELOC debt. Bank of Canada (BoC) data shows HELOC debt fell in December. The decline was unusually strong for the month, at a rate not seen in decades.

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Operational Excellence Key to Building a Successful Team

RIS Media

Consumer demand and public reviews have forced better service over the last 10 years, and many real estate agents have discovered that a properly configured team is the best way to deliver the service consumers expect.

If your focus isn’t on helping consumers buy and sell, it’s time to reprioritize

Inman

If your focus right now isn’t on growing your business by increasing productivity and expanding your sphere, maybe it’s time to reprioritize how you operate and reassess what you hope to achieve in the coming months.

Everything You Need to Know About Closing Costs

Redfin

If you’re a first-time homebuyer , it’s easy to get caught up in the excitement of making plans for your new space.