Thu.Dec 30, 2021

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What is Private Mortgage Insurance (PMI)?

Realty Biz

Private mortgage insurance (PMI) might sound like something that will protect you if you can’t make a mortgage payment. There is some limited truth to that but mostly PMI is something that you pay as a homebuyer, but is for the benefit of your lender. PMI is almost always required when you take out a conventional loan with a down payment that is less than 20% of the purchase price.

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The secondary market is primed to rise in 2022

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

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Why Selling Your House with a Real Estate Professional Is Essential

Keeping Current Matters

Selling your house is no simple task.

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The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes

Better Dwelling

The Canadian real estate boom has produced a gold rush, and now everyone is trying to sell you a home. It’s a country-wide phenomenon, as people see a low barrier of entry and large commissions. However, nowhere has taken to the trend like Toronto, which now has more Realtors than teachers. A lot more. Not […]. The post The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes appeared first on Better Dwelling.

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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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Many First-Time Home Buyers Are Overlooking a Competitive Edge in 2022

Lighter Side of Real Estate

Buying a house was challenging for many buyers in 2021, but especially for first-time buyers. Competition and prices were high, and inventory was low, and while some predictions suggest things will loosen up a bit in 2022, buyers will still need to have an aggressive strategy heading into the new year. According to this REALTOR Magazine article , first-time buyers are optimistic about their chances in 2022, and many are changing their strategies to increase their odds of success.

More Trending

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Spring 2022 Pantone Colors of the Year

Sotheby's International Real Estate

Color can set the tone for an entire room, whether you want to ramp up the energy for lively dinner conversation, or create a zen-like sanctuary for relaxation. Pantone, the world’s foremost authority on color trends, has released their predictions for the top shades for 2022. Their palette brings together comforting neutrals and delightful pops of bold colors in unexpected ways.

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Mortgage Rates Have Held Steady in the Face of the Omicron Variant—Here’s What’s Going On

Realtor.com

Getty Images Mortgage rates are closing out 2021 nearly half a percentage point higher than where they were at the end of 2020. But don’t blame the omicron variant for their recent movements. The 30-year fixed-rate mortgage averaged 3.11% for the week ending Dec. 30, Freddie Mac reported Thursday. While that’s up six basis points from the previous week, it’s only down one basis point from two weeks ago.

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How to Clean the Kitchen Faucet Cartridges in 9 Simple Steps

Rent, Buy & Sell

Have you detected a leaking kitchen faucet, or have the handles stopped turning properly? The underlying reason for this might be a buildup of sediment and hard water deposits in the faucet cartridge. While you might opt for a moen 1224 cartridge replacement , you can also consider cleaning the kitchen faucet cartridge. Things You Need. If you don’t want to call the plumber, you can do the cleaning yourself in the following easy steps: You will need a couple of tools for this job: an open-ended

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5 TikTok Content Ideas For Real Estate Agents

Lab Coat Agents

As we all know, TikTok is the social media platform of the moment. It allows you to create concise content that is easy to digest, like, and share with others. If used strategically, you will even create a community of followers ready to learn more about you and your services! The possibilities of content creation are endless, and real estate agents are using it more and more every day—not only to dance to the latest trends or learn how to make banana bread—but to sell homes as well!

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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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Utah First-Time Home Buyer: 2021 Programs and Grants

The Mortgage Report

Everything you should know as a first-time home buyer in Utah. Learn about mortgage loans and grant programs for first-time buyers.

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Home Ownership Increasingly Impossible for Most Americans, New Study Finds

Realty Biz

Becoming a homeowner is a cornerstone of the American Dream. Soaring housing prices, however, are making that increasingly difficult for most Americans to achieve. First-time buyers — particularly millennials — are more likely to struggle to make that dream a reality than earlier generations. Here’s a breakdown of an October 2021 study on the housing market, what it means for prospective buyers, and steps they can take to become homeowners.

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Top Posts of 2021: Material Shortages

Eye on Housing

With the end of 2021 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In May, Paul Emrath reported on data concerning supply shortages for builders. Shortages of materials are now more widespread than at any at any time since NAHB began tracking the issue on a regular basis in the.

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Can a Buyer Inspect a Home Without a Seller’s Permission?

Realtor.com

Getty Images Here’s the scenario: Your house is on the market and you have interested buyers, but they are concerned about the roof. Maybe your home has a bit of damage from the last storm, but it’s nothing major. Still, a potential buyer sends a roofer to check things out without your approval. Sending a professional to somehow inspect the condition of your home unannounced may seem a bit bold on the buyer’s part.

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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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Experts say property tax appeals less likely to succeed in 2022

Realty Biz

When property taxes rise by a significant amount, homeowners have recourse to appeal, and many do. But as we enter 2022, experts say those appeals are unlikely to be as successful as they have been in the past. Mortgage calculator. House, noney and document. 3d. As Motley Fool publication The Ascent explained , in order to be successful in a property tax appeal, the homeowners must find a way to prove the value of their home has been over-assessed.

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Mario Cristobal Selling $1.8M Oregon Home After Accepting Miami Job

Realtor.com

Getty Images / Realtor.com Recently named as the head coach of University of Miami’s football team, the Miami Hurricanes , the former Oregon Ducks coach Mario Cristobal has tossed his Eugene, OR, home on the market. Prepping to make the switch back to his home state, the two-time Pac 12 champion has moved on from the Pacific Northwest. He hopes to double his money should his home sell anywhere near the asking price.

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Brownstoner’s Top 15 Instagram Photos of 2021

Brownstoner

The picturesque streets of Brooklyn continued to lure photographers outside to capture beguiling carriage houses, snowy scenes and charming stoops in 2021, providing some calming views during another pandemic year. It was hard to beat Brooklyn Heights carriage house snaps this year, with five making the list, one of them… Read More > The post Brownstoner’s Top 15 Instagram Photos of 2021 appeared first on Brownstoner.

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Mortgage and refinance rates today, Dec. 30, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher again yesterday. So Tuesday’s modest fall wasn’t the start of a new direction of travel. In a statement this morning, […].

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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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Many First-Time Home Buyers Are Overlooking a Competitive Edge in 2022

Lighter Side of Real Estate

Buying a house was challenging for many buyers in 2021, but especially for first-time buyers. Competition and prices were high, and inventory was low, and while some predictions suggest things will loosen up a bit in 2022, buyers will still need to have an aggressive strategy heading into the new year. According to this REALTOR Magazine article , first-time buyers are optimistic about their chances in 2022, and many are changing their strategies to increase their odds of success.

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We Answered Your Top 12 Questions About First Time Home Buyer Loans (In Exquisite Detail)

HomeLight

There’s a lot to consider when buying a home. Determining where you should buy and what house you can afford are important early steps, but it’s all hypothetical until you sit down with a lender and start talking real numbers. Unless you’re paying cash for your new home, you’ll need a mortgage loan. And if you’re a first-time buyer, you’ll probably have more than a few questions about types of loans, how much down payment you’ll need, and how to qualify for the right loan for you.

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The Top 21 Most-Read Blogs of 2021

Tom Ferry

I’m bullish on 2022 and can’t wait to get started. But before we move forward, let’s take one last look back at the year that was 2021. Whether you’ve followed every word or only read the blog sporadically, I want to make sure you don’t miss these most-read blogs from throughout 2021. Let’s count it […]. The post The Top 21 Most-Read Blogs of 2021 appeared first on Tom Ferry.

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Your Homebuyer’s Guide to How to Pay Off a Mortgage Faster

HomeLight

When you signed on the dotted line for your 30-year mortgage , it probably felt equal parts daunting and surreal. On one hand, three decades is an awfully long financial commitment — but on the other, it’s not as though you’re absolutely locked in with no possible way out. You can always sell your home, or refinance using a loan with better terms, or perhaps you’ll stumble into a windfall of cash that will eliminate all your debts with a flourish.

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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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‘Fixer to Fabulous’ Reveals What’s Taking Over Farmhouse Decor, Fast

Realtor.com

HGTV On “Fixer to Fabulous,” Jenny and Dave Marrs know that the farmhouse style has been a go-to for homeowners for years. Still, it seems another style may be taking over. In the Season 3 episode “Rough Rancher Made Modern,” Dave and Jenny meet up with a friend and old client, Twilla Brooks. Dave explains that Brooks builds a new house and moves about every couple of years.

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

When thinking about buying a house, most of us can probably agree that wading through legal documents seems like the least exciting part of the process. This stack of paperwork is, however, essential. Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing.

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Red Deer’s Dale Devereaux holds 24th Annual Feed A Family Drive

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: Red Deer’s Dale Devereaux holds 24th Annual Feed A Family Drive. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Dale Devereaux, broker and owner of Century 21 Maximum in Red Deer, Alta., wrapped up his 24th annual Feed a Family campaign when 247 turkey and ham dinners, with a

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San Diego County Actives & Pendings

BubbleInfo

Tom asked on our Facebook page about getting the actives and pendings data for San Diego County. Here is the InfoSparks data from the SDAR Resources page on the MLS – they are interactive so scroll over the graph lines for the exact counts: The first graph charts the number of active listings on the […].

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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.