Mon.Aug 03, 2020

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Experts Weigh-In on the Remarkable Strength of the Housing Market

Keeping Current Matters

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential real estate market continues to show great resilience.

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How to Make an Offer Stand Out in a Seller’s Market

Homes.com

With a rapidly changing market and low inventory, homes are selling faster than ever. If you're looking to buy, you have to come prepared with an offer that will stand out. . The post How to Make an Offer Stand Out in a Seller’s Market appeared first on Homes.com.

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These Affordable, Small-Space Swaps Will Help You Maximize Every Inch of Your Home

Realtor.com

Furnishing a new small space or trying to maximize every square inch of your current one is, ironically, no small task. It means getting creative with multifunctional pieces, planning ahead to maximize storage, and, of course, finding furniture that’s small and stylish enough to make it all happen. Walmart’s huge collection of furniture, appliances, and home accessories includes an impressive number of items that are perfect for small spaces—and a surprising number of them are under $100.

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Is Now the Time To Buy? Homebuyer’s Mortgage Watch – August 2, 2020

First Team Real Estate

To find out if now is the time to buy, check out this week’s mortgage highlights: Mortgage rates remain anchored in record territory as the world battles the pandemic. As noted by the Fed’s statement, “the path of the economy will depend significantly on the course of the virus.”. The Fed pledged again to do all within its power to help return the US to full employment.

Mortgages 116
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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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Comeback Kids: These Housing Markets Have Recovered the Most Since the Start of the Pandemic

Realtor.com

ivanastar/Getty Images. There’s no point in sugarcoating it: The U.S. economy is a hot mess. The continuing coronavirus pandemic has led to scores of business closures, the worst unemployment since the Great Depression, and the steepest economic contraction on record. . Yet, despite it all, the U.S. housing market has come back—and then some. After monthslong pauses in many parts of the country, bidding wars and offers over asking price have returned.

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Buyers are sweetening the deal by waiving contingencies

Realty Biz

With home buyers facing tougher competition this year amid ongoing housing shortages, some are trying to gain an edge by waiving contingencies to make their offers look more enticing. Redfin said this week that almost 20% of successful offers submitted by its agents in June in select U.S. markets waived the inspection contingency , compared to just 13.2% who did so in June 2019.

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New Construction and Developments Heat Up in South Florida

Coldwell Banker

South Florida’s real estate market continues to see a slow but steady recovery during the current coronavirus pandemic that changed the way day-to-day real estate business nationwide is conducted, from showing properties to prospective buyers, to the closing process and more. Even in the midst of the pandemic, Coldwell Banker agents continue to pivot and […].

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$6.6M Fallingwater Knockoff in Wisconsin Seeks a Wright-Loving Buyer

Realtor.com

realtor.com Frank Lloyd Wright ‘s design philosophies have had a—pardon the pun—ripple effect on home designs all over the country. None more so than this fantastic facsimile of Wright’s Fallingwater. Built in 1991, this dream property for any Wright fan is tucked into the tony resort town of Lake Geneva, WI. It’s the first time that the home has come on the market in two decades.

Design 111
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Coronavirus has “die-hard urbanites” moving to the ‘burbs

The Mortgage Report

Tons of people are moving during coronavirus. Home buying numbers are up 21% from last year. Considering a move? Here's what to know.

Mortgages 124
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Jon Bon Jovi Buys and Sells Melodious Mansions in Palm Beach

Realtor.com

realtor.com, Max Mumby/Indigo/Getty Images Jon Bon Jovi was once “livin’ on a prayer.” Nowadays, he’s living in some pretty sweet real estate. The rock star recently sold an oceanfront home he renovated in Palm Beach, FL, for almost $20 million. That was just a prelude to the chart-topping rocker’s other deal. He reportedly also bought a home a couple of miles down the road for $43 million on the same day, according to the Real Deal.

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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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Private Residential Construction Spending Declined in June

Eye on Housing

NAHB analysis of the Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $534.2 billion in June. It was down 1.5% in June, after a 3.6% decline in May and a 4.4% decrease in April, due to the economic consequences of the COVID-19 lockdowns. On a year-over-year basis, total.

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Exclusive: ‘Build Me Up’ Host Orlando Soria Reveals the Hidden Powers of Home Design

Realtor.com

HGTV Ever notice how making changes around your home can give you a fresh outlook on life? That’s the premise behind a new HGTV show, “ Build Me Up ,” starring interior designer Orlando Soria. In the series, Soria (whom you may recognize from his previous gigs on “Unspouse My House” and “Secrets From a Stylist”) helps homeowners who’ve undergone a big life change such as divorce or death in the family.

Design 106
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10 Luxury Kitchens We Love

Waterfront Properties

They say that the kitchen is the heart of the home. While kitchens were built for preparing meals, since the entire family revolves around it, many have been designed as a welcoming space for conversations, entertaining, and family fun.

Design 105
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New & Notable Luxury Properties for Sale Over $19 Million

Sotheby's International Real Estate

From a private waterfront compound in Martha’s Vineyard, to a modern District One mansion in Dubai, these are this month’s four featured notable properties for sale over $19 million. Edgartown, Massachusetts. Edgartown, Massachusetts | Thomas Wallace , Wallace & Co. Sotheby’s International Realty . This incredibly private waterfront compound, uniquely located just minutes from historic Downtown Edgartown, is being offered for the first time in more than 30 years.

Sales 104
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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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5 ways to prep your home to maximize virtual tours

Zolo

Given the impacts of COVID-19 on the property market, many estate agents are now using virtual tours to ensure house viewings — and subsequent offers and sales — can still go ahead. . So, how can you ensure that your house is picture-perfect for a virtual viewing? By following the simple steps we have listed below, we can help you make sure your virtual showing displays your property’s best features. . #1.

Design 104
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How to Buy a House With Low Income

Maximum Exposure Real Estate

Buying a Home With Lower Income Do you have low income but would love to purchase your first home? It can sometimes seem like an uphill struggle to buy a house if you have a low income. For starters, there is the down payment to save for when you may already have problems paying the […]. The post How to Buy a House With Low Income appeared first on Massachusetts Real Estate Exposure.

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Explore Hobe Sound

Waterfront Properties

Hobe Sound, the small unincorporated area located just north of Tequesta and Jupiter in Martin County. The small area has a small-town feel and is centrally located on Florida’s Atlantic coastline. Hobe Sound is home to some of the most beautiful beaches, championship golf courses, nature spots, parks, schools, shops, and restaurants. Hobe Sound is home to many recreational parks and the Jonathan Dickinson State Park.

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The way oil prices affect real estate

Realty Biz

This year has so far been one of the worst, yet extremely unique for the global economy. We are witnessing unprecedented, never seen before circumstances. The COVID-19 pandemic truly has been a key factor in the present-day global economic crisis. This was the primary reason why the US crude oil prices broke below the historical minimum of 0 USD. Yes, oil prices went below the positive line and were cheaper than free.

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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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New Homes are Rare in Cali’s Marin County, Which Is Why This $5.5M House Is a True Gem

Fancy Pants Homes

Marin County lies just north of San Francisco across the Golden Gate bridge, and over 80% of it is preserved open space. New constructions are rare in this area — and usually no more than 10 new homes are built here each year. This is why the property we’re about to tour is such a unique gem, and maybe even a once-in-a-lifetime opportunity. The newly-built, resort-style farmhouse estate at 61 Gold Hill Grade in San Rafael is offered exclusively by Thomas Henthorne, a top agent with Golden

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Listing prices hit record high in July

Realty Biz

The ongoing coronavirus pandemic has done little to stem interest in the housing market. Home prices across the U.S. continue to accelerate, and last month they moved into uncharted territory as the national median listing price reached $349,000 in July – a record high. That’s according to Realtor.com’s latest Monthly Housing Trends report, which noted that homes are selling at an increasingly rapid rate too.

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Twilight Yoga At The Lighthouse This August

Waterfront Properties

The Jupiter Inlet Lighthouse and Museum is open and ready for visitors. Every Monday throughout the month of August, the Lighthouse is hosting their Twilight Yoga at the Light series. Twilight Yoga at the Light is an outdoor yoga class held at the Lighthouse Deck at sunset every Monday night. All levels of Yoga are welcomed, and all are encouraged to attend.

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Nebraska’s Most Expensive Home Ready To Generate Its Own Income

Realtor.com

realtor.com A mansion with a ton of space and plenty of future earning potential is available in Lincoln, NE, for $3.5 million. At the current price, it’s the Cornhusker State’s most expensive home. The 16,089-square-foot estate on Holdrege Street sits on a whopping 78 acres, some of which will soon be generating income. “The home itself is built on the top [of a hill] for all the wonderful views, but then, behind it, is an additional agricultural space that will soon become a beauti

Land 97
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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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Inventory Watch

BubbleInfo

In the last week, we had 104 new NSDCC listings, and 101 pendings! The hot action is trickling up. We’ve had more pendings than actives in the $1.0M – $1.5M range since July 6th, and now the $1.5M – $2.0M range is feeling it too, with a ratio of nearly 1:1 today: Price Range # […]. The post Inventory Watch appeared first on bubbleinfo.com.

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Tips To Help Get Your Property Ready To Go On The Market

Agent Drive

You’ve finally finished all your refurbishments for your ‘fixer-upper’ project and you’re ready to turn a profit on your investment. Phew! If you’re at the point where you’re ready to place your property on the market, then it’s always wise to take a look at what you could be doing around the property to increase […]. The post Tips To Help Get Your Property Ready To Go On The Market appeared first on AgentDrive.

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How To Conduct And Manage Your Business Virtually

Lab Coat Agents

Running a real estate business virtually can feel especially daunting for an industry that has built itself on the success of in-person interactions. But in these evolving times, getting comfortable with virtual is vital! Our latest webinar with Lab Coat Agents highlights all the ways Chime can help agents and brokers conduct business virtually. From virtual open houses to interactive landing pages to incorporating live streams from Zoom, Tristian talked with Chime’s Andrew Wardle and Randy Carr

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Facebook Ads for Every Stage of the Real Estate Client Journey

HomeLight

The key to getting leads and converting clients with Facebook Ads is knowing what to say to buyers and sellers at each stage of the client journey — from awareness to consideration to conversion. Facebook offers almost a dozen different ways to do that. Do you want traffic? Engagement? Reach? Something else? And what about Lead Ads? Conversions?

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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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Mortgage rates today, August 3, 2020, plus lock recommendations

The Mortgage Report

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

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Coldwell Banker Welcomes Affiliates Under Inclusive Ownership Program

Coldwell Banker

New Program Supports Broker Owners from Diverse and Underrepresented Backgrounds. The post Coldwell Banker Welcomes Affiliates Under Inclusive Ownership Program appeared first on Coldwell Banker Blue Matter.

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Top-Producing Luxury Real Estate Agent Meital Taub Closes Sale On $7.25 Million Beachfront Home

First Team Real Estate

LAGUNA BEACH, CA – Providing her seller with the signature quality service that has made her an industry leader , Meital Taub successfully closed the sale of 112 S La Senda Drive in Laguna Beach for $7,255,000. Listed for sale earlier this year, the buyer fell out of escrow due to concerns of COVID-19 in March, but ultimately came back to purchase their dream home amid an additional three competing offers in June.

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Not Your Mother’s Real Estate Tech Stack

Boom Town

The post Not Your Mother’s Real Estate Tech Stack appeared first on BoomTown!

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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.