Thu.Dec 31, 2020

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The 2021 housing market will be stronger than 2020

Housing Wire

Jeff Tucker Zillow Senior Economist. This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. In this installment, HousingWire interviewed Jeff Tucker, senior economist at Zillow , on his forecast for next year.

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15 New Reality TV Shows That’ll Inspire Your Real Estate Dreams in 2021

Realtor.com

Drazen Zigic / Getty Images 2020 was a tough year, but there was a silver lining: With so much time spent inside, people had a chance to really focus on their homes and make them as functional, comfortable, and beautiful as can be. So it’s a good thing we have so many great real estate reality shows on HGTV, Netflix, Bravo, and beyond to keep us not only entertained, but also inspired with tips to take our living spaces to the next level.

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Mortgage rates remain at record-low levels

Housing Wire

After falling to the lowest rate in Freddie Mac’s Primary Mortgage Market Survey’s near 50-year-history last week, the average U.S. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this week. Last week’s announcement of a 2.67% rate broke the previous record set on Dec. 3, and was the first time the survey reported rates below 2.7%.

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Getting Ready For a Buyer’s Home Inspection is Smart

Realty Biz

How to Prepare For a Home Inspection. Even when you have a buyer and are happy with the offer they’ve made, your home isn’t sold yet. Before you can prepare for your move, you need to get ready for the home inspections. Preparing for a home inspection will make sure your home sale proceeds as smoothly as possible. Lots of home sellers ask real estate agents how they can prepare for the home inspection.

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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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The Best 37 Real Estate Memes of 2020

Lighter Side of Real Estate

There’s a lot of 2020 we all want to put behind us and forget. Being a real estate agent isn’t easy in a normal year, but being one during a pandemic? Well, that takes someone who can change and go with the flow in the blink of an eye. But one thing that didn’t change is the need to laugh. If anything, laughter is even more important in a year like 2020!

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Real Estate Sales Soar In Every City, As Bank of Canada Juices The Market

Better Dwelling

Canada’s markets have been flooded with cheap money, causing a buying frenzy across the country. Canadian Real Estate Association (CREA) data shows record real estate sales in November. Unlike previous boom-time periods, the rise in home sales wasn’t confined to a few hot markets. All but two major cities across the country are seeing double […].

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PSA Thursday: Kickoff 2021 with a 31-Day Challenge

Afford Anything

Welcome back to PSA Thursday, a weekly- ish segment in which we talk about how to handle money, work, and life in the year that is 2020. Today, we’re looking toward the future with a focus on kicking off 2021 with fresh energy and inspiration. This episode contains a sneak peek of our 31-day challenge, and if you sign up here , you’ll receive a daily email that contains: One key lesson or takeaway from a book that we love in the areas of psychology, finance, entrepreneurship, or prod

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Ask Brian: Will 2021 be a Good Time to Buy a House?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Bethanny in WA: Hello Brian, the 2020 housing market has been afflicted with low inventory, rising home prices, endless bidding wars, and of course the coronavirus.

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5 Ways to Get a Real Estate Price Estimate for Your House

HomeLight

Chances are the value of your home has changed since you purchased it. Its price will fluctuate year over year due to changes in your local market, natural appreciation, developments in your neighborhood, and any home improvements you’ve made. Whether you’re planning on selling or staying put, it’s good practice to keep tabs on your real estate investment, and there are a few commonly used approaches that can help you gauge your property’s current market value.

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Mortgage and refinance rates today, December 31, 2020

The Mortgage Report

Today’s mortgage and refinance rates Happy New Year! Yesterday, average mortgage rates remained stuck to the all-time low like a honeymooning couple. They’ve remained close throughout the last couple of […].

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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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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. Now, you’ve entered the “sale pending” phase. What does “sale pending” mean?

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6 Mistakes First-Time Home Buyers Make in the Mortgage Process

Realty Biz

As first-time homebuyers begin the tedious, complicated journey into homeownership, many find themselves overwhelmed and defeated by long to-do lists. Finding a home within a limited budget, scrounging for down payment funds, and desperately attempting credit score revival are all familiar stressors for first-time buyers. Many newbies flock to mortgage loan companies for assistance in combating unattainable real estate prices and down-payment charges only to find their sub-par credit score exemp

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8 Money-Saving Tips for Improving Your Bathroom’s Design

Fancy Pants Homes

I don’t know about you, but for me, a bathroom goes well beyond its practical uses; within the past years, I’ve come to think about it as a sanctuary of sorts, that room of the house that’s dedicated to pampering, relaxing, and deconnecting — a place where I can enjoy some alone time and use that alone time to take care of my skin, hair, body, and mind.

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Real Estate Leads: 24 FREE Lead Gen Ideas for 2021

Lab Coat Agents

Originally Featured On The Follow Up Boss Blog. Ask your average Realtor what the best source of free leads is and you’ll probably hear one of two replies: Cold calling. Door knocking. But let’s be real. In this day and age, those aren’t the only methods to choose from. (And honestly, they may not even work as well as they once did.).

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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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Your Home Maintenance Checklist Organized by Months of the Year

HomeLight

This home maintenance checklist, organized by months of the year, can help you stay ahead of problems that will otherwise snowball into those code-red issues, like a roof leak or basement flood. Rather than try to cram everything into the spring or fall, you can spread out the work evenly and tackle issues most urgent for the season. For every month, we’ve surveyed a pool of experts including inspection professionals and experienced real estate agents across the country to give you one meaty pro

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Brooklyn Gains a New Individual Landmark and a Historic District in 2020

Brownstoner

With 2020 almost at an end, we take our annual look back at the Brooklyn buildings and neighborhoods considered significant enough to merit designation by the Landmarks Preservation Commission during the year. During this unusual year of virtual hearings, Brooklyn gained just one individual landmark and one historic district. One potential… Read More > The post Brooklyn Gains a New Individual Landmark and a Historic District in 2020 appeared first on Brownstoner.

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7 Key Ways to Save on the Average Cost of a Basement Remodel

HomeLight

Time for a basement facelift! Maybe you hope to turn your dank, dark storage space into a home office, add a bedroom, or revamp your fully finished entertainment space. Goodbye wood paneling and shag carpeting — you won’t be missed. Now, it’s just a matter of budgeting. The average cost of a basement remodel can run you anywhere from $5,000 to $70,000.

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Bidding Wars

The Residential Specialist

The pandemic has caused a surge in the housing market, and agents must guide clients through the stress of buying and selling homes. By Megan Kramer. COVID-19 has changed the way all Americans work, live and connect with one another. Many of these changes will be long-term rather than short-lived. For this reason, and because interest rates are low across the country, real estate markets everywhere are seeing a big shift.

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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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Hello 2021 Frenzy!

BubbleInfo

When will we know more about the 2021 frenzy? We already know it’s going to be hot – look at the sales count for this month, plus we have 285 pendings: NSDCC December Sales Year December Sales The Following January Sales % Drop-off 2012 181 128 29% 2013 223 184 17% 2014 255 172 33% […].

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Indoor Botanical Boost

The Residential Specialist

Due to social distancing recommendations, people across the country have had to find new hobbies. One activity that is growing in popularity is horticulture and gardening. According to the U.S. Census Bureau’s Advance Monthly Retail Trade Survey, more consumers are shopping at building material stores, gardening stores and nurseries, with this industry seeing a sales increase of 19.1% from September 2019 to September 2020.

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The Best 37 Real Estate Memes of 2020

Lighter Side of Real Estate

There’s a lot of 2020 we all want to put behind us and forget. Being a real estate agent isn’t easy in a normal year, but being one during a pandemic? Well, that takes someone who can change and go with the flow in the blink of an eye. But one thing that didn’t change is the need to laugh. If anything, laughter is even more important in a year like 2020!

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7 Things You Didn’t Know Real Estate Attorneys Do For Sellers

HomeLight

A Georgia home seller had fallen on hard times and missed a few mortgage payments. Although she caught up, there was a breakdown in communication that looked like the bank owned her house once she was ready to sell. “That’s something the attorney caught and has worked diligently with an attorney in Atlanta to get resolved,” says Teresa Cowart , a top real estate agent serving the Richmond Hill and Savannah areas of Georgia.

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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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Brooklyn Gained a New Individual Landmark and a Historic District in 2020

Brownstoner

With 2020 almost at an end, we take our annual look back at the Brooklyn buildings and neighborhoods considered significant enough to merit designation by the Landmarks Preservation Commission during the year. During this unusual year of virtual hearings, Brooklyn gained just one individual landmark and one historic district. One potential… Read More > The post Brooklyn Gained a New Individual Landmark and a Historic District in 2020 appeared first on Brownstoner.

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Adding a Whole New Bathroom to Your House? Here’s What it’ll Cost

HomeLight

When you have a full house, getting uninterrupted access to the bathroom can feel like snagging dinner reservations to the most exclusive restaurant in town. On days when your one bathroom home just doesn’t cut it, many of us dream of the elusive bathroom addition with privacy for everyone. The only challenge? Adding a new bathroom is pricey. But in the right home, the addition will not only improve your quality of life — it will also make the property appeal to a whole different pool of buyers

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Pending Home Sales Dip 2.6% in November

RIS Media

Contract signings up 16.4% from one year ago and reach a record high for November . Pending home sales dipped in November, according to the latest report from the National Association of REALTORS®. Month-over-month contract activity fell in each of the four major U.S. regions. However, compared to a year ago, all four areas achieved gains in pending home sales transactions.

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Here Are the Brooklyn Photos Captured by Brownstoner in 2020

Brownstoner

A very long year is almost at an end. During a normal year, Brownstoner hops across the borough documenting construction, architecture, history and life in Brooklyn. While travel was a bit more restrained in 2020, Brownstoner captured images of the borough during a time of loss, conflict and change. Here… Read More > The post Here Are the Brooklyn Photos Captured by Brownstoner in 2020 appeared first on Brownstoner.

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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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How to Handle a Burst Pipe and Minimize Damage

RISMedia

By Brentnie Daggett Frozen or burst pipes during the cold weather months can be one of the most costly maintenance issues you'll face as a property owner. A burst pipe suddenly flooding your kitchen can quickly become an out-of-hand emergency that could cost you thousands of dollars in damage. A quick and accurate response is […]. The post How to Handle a Burst Pipe and Minimize Damage appeared first on RISMedia's Housecall.

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Award-Winning Midcentury Modern Restoration in Rancho Mirage, CA, Is Listed for $1.3M

Realtor.com

realtor.com Authentic midcentury modern time capsules like this beauty in Rancho Mirage, CA , don’t land on the market often. And when they do, they wind up selling in a flash. Such is the case with this snazzy ranch house built in 1958 and listed on Christmas Eve at $1,299,000. The Atomic Age beauty went under contract within three days. But if you truly dig the vibe, there may be a slim chance—the sellers are accepting backup offers.

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What are mortgage discount points and how do they work?

The Mortgage Report

Mortgage points let you 'buy down' your interest rate. Learn how mortgage discount points work and when you should pay for them.

Mortgages 105
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Learn the Best Home Improvements for Resale Based on Your Home’s Age

HomeLight

From historical homes to McMansions, we researched the best home improvements for resale for homes built in every decade.

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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.