Housing Wire

OCTOBER 29, 2020

Today the National Association of Realtors reported pending home sales are up 20.5% year over year — and that is the only headline that you should care about. This is one more data point showing that housing data has gone wild to the upside, so we should expect some downward moderation in the month-to-month data. Similarly, the recent Census/ HUD report on new home sales showed they were up 32.1% year over year, whereas the monthly numbers showed a decline of 3.5% from August to September.

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Keeping Current Matters

OCTOBER 29, 2020

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors ( NAR ): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s available for sale, it’s a great time for homeowners to sell their house.

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Housing Wire

OCTOBER 29, 2020

The average U.S. mortgage rate for a 30-year fixed loan remained steady this week, gaining one basis point to 2.81%, Freddie Mac said in a report on Thursday. The average fixed rate for a 15-year mortgage was 2.32%, falling from last week’s 2.33%. After this week’s dip, there have now been 14 consecutive weeks when average mortgage rates have been below 3%.

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RIS Media

OCTOBER 29, 2020

When taking on any new project, the more you know and understand, the better things are likely to go. The same is true when buying a home for the first time. With our first-time buyer tips, you should be able to avoid many of the problems that can prevent your purchase from going well. Let’s take a look at some of the key things to consider before you jump into the real estate market and buy your first house.

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Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. HousingWire: What sets Trelix apart from other mortgage fulfillment services? Brian Simon: Trelix offers exceptional products and teams of professionals that help clients increase mortgage fulfillment performance, meet compliance and lower investment costs through tailored capacity

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Afford Anything

OCTOBER 29, 2020

Has the economic uncertainty of 2020 made you think about creating your own stream of income? Has the turmoil of 2020 also caused you to feel so overwhelmed that you bought a plot of sand in which you bury your head on a daily basis? We get it. It’s normal to feel paralyzed by everything you need to do before you get your side hustle off the ground.

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App Folio

OCTOBER 29, 2020

People are a driving force in property management, and hiring, onboarding and staffing are some of the most important tasks for a property manager. Of course, finding talented associates and getting them up to speed quickly has never been easy. But now as many property management businesses have gone remote, the hiring and onboarding process is happening at home — challenging leaders to adapt their management styles to a remote environment.

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Housing Wire

OCTOBER 29, 2020

Zillow Offers , the iBuying arm of Zillow Group , has cut approximately 80 jobs in a realignment, the company confirmed to HousingWire. The affected employees were informed earlier this month. The cuts included mostly field positions and a few back-end control positions. The field positions included those who evaluated homes, maintained homes and managed renovation work for homes in Zillow’s inventory. “Zillow Offers has grown tremendously over the last 2 1/2 years, and our commitment to d

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RIS Media

OCTOBER 29, 2020

Do you have your real estate business set up for long-term success or do you find yourself going from transaction to transaction? You may also find clients who are ready to buy or sell immediately. Many of the leads you’ll receive may be three months, six months, or even a year or two away from transacting. But, if you plan to still be in real estate when their time comes, those leads are still incredibly valuable.

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Housing Wire

OCTOBER 29, 2020

On the day that the Dow Jones Industrial Average dropped 943 points, Caliber Home Loans made the decision to delay its initial public offering (IPO). And AmeriHome has reportedly done the same. “Caliber will continue to evaluate the timing for the proposed offering as market conditions develop,” the company said in a statement on Wednesday evening.

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Advertiser: Trellis

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.

Loans

Point2Homes

OCTOBER 29, 2020

Image: Anna Nahabed / Shutterstock.com. The balcony is a great place to enjoy the great outdoors from the comfort of your home, but sometimes it can feel as if the whole world is watching you. Rather than put up plastic screens, why not use plants? Natural, beautiful, and environmentally friendly, the following choices will provide plenty of privacy, as well as a relaxing atmosphere.

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Realtor.com

OCTOBER 29, 2020

Imoto It’s apropos that the unofficial city motto of New Orleans is “Let the good times roll.” Because it didn’t take long for offers to roll in for a rare midcentury modern masterpiece in the Big Easy. Built in 1963, the home on Marquette Place landed on the market for $1,850,000 less than two weeks ago—and received multiple offers within days.

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RIS Media

OCTOBER 29, 2020

Attaining success isn’t simply a matter of luck—it’s a matter of taking the time to learn real estate inside and out, applying your knowledge and sticking with it. Being successful is never a “one-and-done” situation. You have to form habits that will, in turn, foster your continued success. These 10 habits can make the difference between having the occasional successful month and being at the top of your market month after month. 1.

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Sotheby's International Real Estate

OCTOBER 29, 2020

. As the seasons shift in the Northern Hemisphere, it can be tempting to chase the sun south. But rather than buying a vacation home and being tasked with all the responsibilities that come with ownership, the option of renting a luxury property in a warmer climate—even in locations close to home—can be an ideal solution. With increased time spent indoors, it can be a challenge to safely travel for some much-needed time away.

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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.

Sales

RIS Media

OCTOBER 29, 2020

(TNS)—All seasons affect your home, but perhaps no other season impacts it more than winter. The cold temperatures, wind, snow and freezing rain combine to make it a season not to be ignored. To ensure you do not have any unnecessary repair costs this winter, follow these seven simple steps while preparing for winter. They are short and sweet—and can save you money in the long run.

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Waterfront Properties

OCTOBER 29, 2020

In the spirit of Halloween, heres a Jupiter ghost story on the Loxahatchee River. The tale of the haunted spirit of Trapper Nelson reportedly haunts the tranquil inland waterways of the Loxahatchee River running through Jupiter and Tequesta. Years ago, in the early 1930’s until the late 1960’s, a strapping casanova known as Trapper Nelson made quite an impact on the area and the local area socialites He was nicknamed the “Wildman of Loxahatchee”.

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Better Dwelling

OCTOBER 29, 2020

Canadian real estate sales have been impacted by the pandemic in an unexpected way. RBC Economics recently unpacked a trend of rising condo apartment listings. Dense cities filled with condo apartments, are seeing sellers flood the market. Meanwhile, mostly detached suburban markets are seeing inventory heading in the opposite direction. Toronto Condo Listings Rise 134% […].

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Eye on Housing

OCTOBER 29, 2020

After reaching a record high last month, pending home sales cooled in September, ending four straight months of gains. 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 fell 2.2% from 132.9 in August to 130.0 in September, the second highest level on record.

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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.

Agents

Realtor.com

OCTOBER 29, 2020

JGI/Tom Grill The numbers: The index of pending home sales dropped 2.2% in September compared with the previous month, breaking a four-month streak of increases, the National Association of Realtors reported Thursday. The index measures real-estate transactions where a contract was signed for a previously-owned homes but the sale had not yet closed, benchmarked to contract-signing activity in 2001.

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Brownstoner

OCTOBER 29, 2020

In a letter sent to the Department of City Planning on October 27, an official from the Environmental Protection Agency asked for more awareness around potential impacts on the cleanup of the Gowanus Canal involved in the city’s planned rezoning of the neighborhood. Peter D. Lopez, the EPA’s Regional Administrator,… Read More > The post EPA Concerned About How Gowanus Rezoning Could Negatively Affect Canal Cleanup appeared first on Brownstoner.

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Development 96

Realtor.com

OCTOBER 29, 2020

Anthony Boue/ AB3 Visuals You can now own an award-winning HGTV home for $1,985,000. This fully restored 4,000-square-foot house on Bay Street NE in St. Petersburg, FL, snagged the title in the Homes With History category of HGTV’s nationwide Ultimate House Hunt 2020. “It’s Craftsman style, and it is absolutely stunning. It has been restored over the years pretty much down to the studs and redone,” says listing agent Tracy Reyes.

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REM Online

OCTOBER 29, 2020

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Teams return to Century 21 In Town Realty in Vancouver. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Two real estate teams that were formerly with Century 21 In Town Realty in Vancouver have recently returned to the company.

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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.

Agents

Realtor.com

OCTOBER 29, 2020

HGTV Drew and Jonathan Scott know that owning a home often comes with some expensive surprises. And in the latest episode of their HGTV show “Property Brothers: Forever Home,” they face a doozy: A huge storm topples a tree right onto the house, in the middle of the pandemic no less! In this episode, “When Tragedy Strikes,” homeowners Chris and Charlotte are hoping the Scott brothers can bring some retro midcentury style to their Toronto home.

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REM Online

OCTOBER 29, 2020

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Are ghosts about to haunt your real estate deal? Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. I am what some of you would call a surrealtor.

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RISMedia

OCTOBER 29, 2020

The property that was featured prominently in the 1991 thriller Silence of the Lambs has been listed for sale just in time for Halloween! Listed by Eileen Allan and Shannon Assad of Berkshire Hathaway HomeServices The Preferred Realty, the three-story Queen Anne Victorian is currently on the market for $298,500. Sitting on 1.76 acres along […].

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RIS Media

OCTOBER 29, 2020

Realogy Holdings Corp. recently reported financial results for the third quarter ended Sept. 30, 2020. “I am incredibly proud of Realogy’s third quarter. We generated $309 million of Operating EBITDA, grew closed transaction volume 28 percent, gained market share and materially reduced our debt,” said Ryan Schneider, Realogy’s chief executive officer and president. “Our strategic progress, agent and brand power, and technology initiatives, amplified by the very stro

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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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Waterfront Properties

OCTOBER 29, 2020

In early 2020, the Martin County Golf Course began renovations to the course and a name change. The new course is now called “Sailfish Sands” and the new course is going to be bolder, innovative, and more unique, nothing like any other course in Martin County. Earlier this week, the Martin County Parks and Recreation Director announced that he went before the County Commission to update them on the progress of the massive project and to ask for additional funding.

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The American Genius for Real Estate

OCTOBER 29, 2020

(TECH NEWS) Moleskine isn't just the fancy notebook on your desk. Their latest digital notebook has made remote collaboration even easier. The post Up your digital creative game with Moleskine’s Flow notebook appeared first on The American Genius Real Estate.

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Easy Agent Pro

OCTOBER 29, 2020

Did your city make the list? On October 20, the folks at wallethub.com released their study of “… more than 1,200 U.S. cities with populations between 25,000 and 100,000.”. They compared these small cities using what they feel indicates. livability.” Stuff like restaurants per capita, housing costs, crime rate and more. Depending on where your real estate market falls on the list is either brilliant marketing fodder or something to ignore.

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RIS Media

OCTOBER 29, 2020

Pending home sales slid 2.2 percent in September, a minor decline after posting four consecutive months of growth, according to the National Association of REALTORS®. All four major U.S. regions recorded notable YoY increases, but only the Northeast posted month-over-month gains in pending home sales transactions. According to the realtor.com® Housing Market Recover Index, the following markets showed the greatest recovery as of Oct. 10: Seattle-Tacoma-Bellevue, Wash.; Boston-Cambridge-Newton, M

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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.

Sales