Housing Wire
MAY 24, 2021
The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. Per the report, homes that sold had five offers on average , and nearly 50% of homes sold for more than their list price during the four weeks ending May 16. NAR expects home prices in the next three months to increase nearly 6% from one year ago and will increase almost 3% from last year’s sales level.
Keeping Current Matters
MAY 24, 2021
Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market , which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move. 1.
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Housing Wire
MAY 24, 2021
The total number of loans in forbearance managed to fall three basis points last week to 4.22% of servicers’ portfolio volume, according to a report from the Mortgage Bankers Association. A drop-off in the number of exits did mark a slower decline than in recent weeks, however, Monday’s data still marks three consecutive months of downward trend for forbearance volume.
Better Dwelling
MAY 24, 2021
Toronto and Vancouver condos are starting to attract foreign buyers again… at least the newer inventory is. Canada Mortgage and Housing Corporation (CMHC) data show a mixed movement in 2020. Toronto’s total rate of non-resident condo ownership declined, while Vancouver’s increased. Both cities are still seeing non-resident ownership of new supply climb though.
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Housing Wire
MAY 24, 2021
It’s the moment everyone fears: in the frenzy to close a house sale, commitment to fraud preventions falters. Busy professionals involved in the sale override their own cautions about fending off wire fraud by reverting to tried-and-true email addresses to convey the most sensitive financial information. Trying to keep with the drive to the finish line, the harried consumer let down their guard.
Realtor.com
MAY 24, 2021
Getty Images Moving is the perfect opportunity to declutter, jettisoning the dead weight of your unneeded stuff before you haul it into your new home. Yet while the very best time to cut your losses is before you pack your things, un packing is another prime opportunity to edit your belongings, too. It could easily come in handy, especially if you packed in a frenzy, without fully considering what to keep or toss, or if you hired movers to pack up everything for you.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
MAY 24, 2021
The Canadian real estate market has been very tight in terms of supply, but that’s beginning to change. The sales to new listings ratio (SNLR) made a sharp decline in April, according to data from the Canadian Real Estate Association (CREA). Declines were seen at both the national level, as well as the majority of […]. The post Canadian Real Estate Is Seeing Home Buyers Fall Faster Than Sellers appeared first on Better Dwelling.
Housing Wire
MAY 24, 2021
The ability to look past the now and develop strategies that poise an organization for future success is key to any leadership position in almost any business. It’s true for the mortgage industry and especially the long-term strategies we’ve developed to react to the current low-rate environment brought on by a global pandemic. One of the most fascinating factors that drove rates lower was the decoupling of duration and swap spreads for mortgage- backed securities, which, ironically, analysts ex
Maximum Exposure Real Estate
MAY 24, 2021
What You Need to Know About No Closing Cost Refinancing Did you know it’s possible to do a no closing costs refinance? Many people have no idea this is even possible. When you were buying a house, you probably didn’t give this much thought. If you have a higher interest rate right now than the […]. The post No Closing Cost Refinance: What to Know About Zero Costs Refinancing appeared first on Massachusetts Real Estate Exposure.
The Mortgage Report
MAY 24, 2021
Does refinancing hurt your credit? Done correctly, the effects of refinancing should be tiny. But you need to know how to protect your score.
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.
Realtor.com
MAY 24, 2021
realtor.com All positioned on pristine acreage, these 10 barndominiums for sale truly shine. Originally conceived as barns, they’ve been converted into smart, stylish, and yes, comfortable family homes. Each is outfitted with features to suit an array of buyers in search of a barndominium to call their very own. Some are alongside lakes, others straddle creeks.
Sotheby's International Real Estate
MAY 24, 2021
From the $51 million sale of an exquisite estate in Beverly Hills to the sale of an extraordinary waterfront home in Roatan and more, here are five Significant Sales from April 2021 represented by the Sotheby’s International Realty® global network. Beverly Hills, California. Sold for $51,000,000 | Richard Klug, Sotheby’s International Realty – Beverly Hills Brokerage .
Brownstoner
MAY 24, 2021
After a bit of a style tweak on the interior, this Brooklyn Heights wood frame is back on the market. The gray-shingled standalone at 13 Pineapple hosted the Brooklyn Heights Designer Showhouse in 2019 and some of the bold finishes were left in place, adding another layer to the long… Read More > The post Brooklyn Heights Standalone With Designer Showcase Touches, Parking Asks $7.6 Million appeared first on Brownstoner.
HomeLight
MAY 24, 2021
You ring the doorbell (or start the Zoom call) and the listing appointment is underway! But then what? This isn’t the time to “wing it.” It’s not the time to rely on your personality and ability to improvise your way through the seller’s questions. If you don’t know your scripts and objection handlers by heart, your chances of closing the deal go down.
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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.
RIS Media
MAY 24, 2021
The future of the real estate office is in for a change following the COVID-19 pandemic. As agents continue conducting business and interacting with colleagues virtually, broker/owners across the United States face a new challenge as they look to the future of their firms: How much office space do they need? “You don’t need to have [huge offices] because a lot of our sales professionals are not in the office, and most of the productive ones are out with customers and generating leads
Realtor.com
MAY 24, 2021
Hayden Outdoors Alaskans call the state’s most expensive home a cabin, but this not-so-rustic residence is anything but quaint or small. “The owner’s name is Joe, and it’s known as Joe’s Cabin. But it’s a step above a cabin—it has all the amenities of any luxury home,” explains listing agent John Herrity. “They really spared no expense on the finishes, so calling it a cabin is definitely an understatement.”.
Waterfront Properties
MAY 24, 2021
Good news for cruise travelers, Bahamas Paradise Cruise Line has announced that cruising will begin out of the Port of Palm Beach beginning this summer. The first cruise back into the Port will begin sailing to Freeport, Bahamas beginning July 2nd. The Grand Classica ship will be the first cruise back in the Port of Palm Beach. Normally the cruise line has two ships that leave out of Palm Beach County, The Grand Classica and the Grand Celebration.
Fancy Pants Homes
MAY 24, 2021
Two comets were rushing blindly against each other — one towards its inevitable doom, and the other soaring to heavens and beyond. It was fate that nonchalantly made them cross each other’s paths for a brief moment. But in that brief moment, magic happened! A Star Is Born is the story of those two magical comets, Jackson “Jack” Maine and Ally. *Spoiler alert though: this movie will break your heart!
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.
Brownstoner
MAY 24, 2021
There was actually a time before Brooklyn's iconic bridge towered over the shoreline. It's been 138 years since the Brooklyn Bridge opened to the public on May 24, 1883, after 14 years of construction. While it provided a necessary link between Manhattan and Brooklyn it also quickly became a symbol… Read More > The post Brooklyn’s Icon Celebrates a Birthday: The Brooklyn Bridge Turns 138 appeared first on Brownstoner.
Waterfront Properties
MAY 24, 2021
The public can now help marine life by adopting a sea turtle through the Loggerhead Marinelife Center’s Adopt a Sea Turtle program. This unique program helps to benefit further research, rehabilitation projects, and the continuous care for the injured, sick, and endangered sea turtles housed at the Loggerhead Marinelife Center. The Loggerhead Marinelife Center is a non-profit organization located in Juno Beach.
Fancy Pants Homes
MAY 24, 2021
The interior of your home can say a lot, but it’s the exterior of your home that makes a good or poor impression first. So what you decide to do in terms of color choices, sprucing up your garden, and improving your overall curb appeal can change how people perceive your home (and hint at the level of maintenance your home gets). Now, when you decide to invest in updating your home’s exterior appearance, you might find yourself at odds.
Brownstoner
MAY 24, 2021
In the News Man Charged in Arson at Borough Park Synagogue and Yeshiva [NYT] City Will Eliminate Remote Learning for the Fall [NYT] City Exterminates Proposal to Build Pesticide Facility in Canarsie [BP] 'Mexico in My Pocket' Opens on Court Street [PMFA] The BQE Is Still Falling Apart, No Real Plan To Fix It [Curbed] Man… Read More > The post Daily Links: DOT Says Announcement on Long-Awaited BQE Fix Coming Later This Month appeared first on Brownstoner.
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.
Realtor.com
MAY 24, 2021
HGTV On their new show, “Home Town Takeover,” Erin and Ben Napier have made a lot of progress in their mission to make over Wetumpka, AL—but they still have a way to go. In the episode “Say Yes to Wetumpka,” Erin and Ben fix up the Wetumpka Civic Center, turning it into a premier event venue for weddings and beyond. What’s more, they help renovate one family home that serves as a gathering place for kids after school.
RIS Media
MAY 24, 2021
A booming real estate market can present plenty of challenges to homebuyers, one of which is low inventory. When you find yourself in a highly competitive market that faces a shortage of listings, it’s important to work with an agent who has an in-depth understanding of how to navigate the situation. Following are several tips to help ensure you can achieve your goals, even when facing low inventory.
Brownstoner
MAY 24, 2021
An affordable housing lottery has opened for three apartments in a four-story building at 383 12th Street, between 6th and 7th Avenues in Park Slope. All three of the affordable apartments are one-bedrooms, with rent set at $2,241 a month. The lottery is set at an Area Median Income range… Read More > The post Affordable Housing Lottery Opens for Three Units in Park Slope, Starting at $2,241 a Month appeared first on Brownstoner.
RIS Media
MAY 24, 2021
You created your real estate team to increase your income while reducing your overall workload. So, wouldn’t it be advantageous to use the most relevant social media marketing tactics that will allow you and your team to reap the lead-increasing benefits for several years afterward? You can use social media to draw potential clients to your team from all walks of life, and generations, instead of paying for leads.
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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.
Notorious ROB
MAY 24, 2021
In this episode, I speak with my good friend and mentor, Phillip Cantrell. He is the CEO and founder of Benchmark Realty, the #1 brokerage by market share in the Nashville area. We discuss a sensitive and touchy topic — the NAR Speech Codes (10.5 and beyond) and how conservative REALTORS feel about the direction. Read more. The post The Notorious POD Ep 17: The NAR Speech Code with Phillip Cantrell appeared first on NotoriousROB.
RIS Media
MAY 24, 2021
New York real estate professionals zoned in on the region’s luxury housing market to analyze the wave of multimillion-dollar sales, and weigh in on pricing, buying trends and prized locations at a virtual panel May 13 hosted by the Hudson Gateway Association of REALTORS®, Inc. (HGAR) and OneKey MLS. “Getting the Deal Done: Homing in on New York’s Luxury Housing Market” featured Donna Olshan, president of Olshan Realty Inc. and Olshan Group LLC in New York City; Vicki V.
The Mortgage Report
MAY 24, 2021
Today’s mortgage and refinance rates Average mortgage rates barely moved last Friday. And rates ended the week slightly higher than they started it. So far this morning, it’s looking as […].
Realty Biz
MAY 24, 2021
Here is some bright news for buyers, according to Realtor.com, new MLS listings were up in early to mid-April by about 40% over last year. But that statistic needs to be kept in context. At this time last year, pandemic fears were in full swing. Listings dropped while people tried to figure out what was coming next. Then the residential market rebounded quickly.
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.
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