Housing Wire
JANUARY 14, 2021
The Federal Housing Finance Agency (FHFA) announced on Thursday it has extended relaxed lending and appraisal standards put in place due to COVID-19 another month for both Fannie Mae and Freddie Mac. The flexibilities surrounding alternative verifications of employment and appraisals were originally set to expire on Jan. 31, 2021, however, the government entity is now pushing that back to at least Feb. 28, 2021.
Keeping Current Matters
JANUARY 14, 2021
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong.
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Housing Wire
JANUARY 14, 2021
The mortgage industry has not traditionally been the vanguard of digital adoption, particularly in data intelligence and applied machine learning. Investments in proper infrastructure, an innate fear of losing process control, and converting the workforce to a digitally savvy “knowledge force” have contributed to “digital apprehension” in the past.
Realtor.com
JANUARY 14, 2021
realtor.com A decommissioned missile silo in Ellenburg Center, NY, has blasted onto the market for $600,000. This property also features an above-ground Quonset hut, which was used for storage by the military and has since been turned into a residence. Built to house the Atlas F missile in the 1960s, it’s one of 12 silos tied to the nearby Plattsburgh Air Force Base, which shut down in 1994.
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Housing Wire
JANUARY 14, 2021
The average mortgage rate for a 30-year fixed loan rose from its previous record low by 14 basis points this week to 2.79%, according to Freddie Mac ’s Primary Mortgage Market Survey. This marks the first time mortgage rates have risen in almost two months. The 15-year fixed rate also rose slightly this week from 2.16% to 2.23%. Even with this week’s uptick, there have still been 23 consecutive weeks when average mortgage rates have been below 3%.
Realtor.com
JANUARY 14, 2021
JAR Home/Houzz As relieved as we were to close the book on 2020, the cold, hard truth is that we’re still in the middle of the Northern Hemisphere’s gloomiest season—where the days are short, the nights are long, and we’re stuck at home because of the global pandemic that continues to rage outside. We know it’s enough to make you lose your mind.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Point2Homes
JANUARY 14, 2021
Image: zimmytws / Shutterstock.com. Are you moving soon? If so, file your United States Postal Service (USPS) address change — either online or at a post office — in advance of your moving day. However, even the best-laid plans may change, and you may need to update your address change USPS request so your mail gets forwarded to where you need it to go in a timely fashion.
Housing Wire
JANUARY 14, 2021
A $12 million funding round will enable digital mortgage marketplace company Own Up to expand nationally, company officials said Wednesday. Own Up, which loosely resembles a mortgage brokerage, will expand to 15 new states in 2021, including California. Consumers already have access in Colorado, Connecticut, Florida, Georgia, Maine, Massachusetts, Michigan, New Hampshire, Pennsylvania, Rhode Island and Texas.
Realtor.com
JANUARY 14, 2021
carebott/Getty Images If your home has been on the market for a while and you haven’t been able to sell it, you’re bound to start checking your paperwork to see when your contract with your real estate agent is up. And you’re probably also wondering just what happens when your real estate agreement does, in fact, expire. Here’s the deal—and how to handle the situation once a real estate listing and contract have reached their end.
RIS Media
JANUARY 14, 2021
With everything going on, you may be ready to get serious about creating your own home office if you didn’t have one before. If you’re looking for ways to improve your workspace, check out some of these tips below. Get an Idea of Your Workspace. Like many, you may have started out with a make-shift workspace on your dining room table to keep business running as smoothly as possible.
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.
Waterfront Properties
JANUARY 14, 2021
The 2021 Honda Classic will take place at PGA National Resort amp; Spa on mArch 15-21. As of now, the tournament will host patrons but with a reenvisoned planned from what we are use to seeing at PGA National. Attendance will indeed be limited in 2021, but tournament officials are building a unique and first-class fan experience, provided in a safe and responsible setting while making make a significant charitable impact in South Florida.
RIS Media
JANUARY 14, 2021
Last year turned out to be one of the most challenging times our industry has seen in over a decade, yet we were able to adapt to our clients’ needs in a relatively short timeframe and keep business operations moving forward. Real estate proved to be one of the verticals that not only stayed afloat, but saw impressive gains in terms of buyer demand and rising sales prices.
Realtor.com
JANUARY 14, 2021
Discovery+ “Fixer Upper” fans will be in a tizzy to hear that Chip and Joanna Gaines have returned to TV—this time to help friends renovate their first house on the premiere episode of the new Discovery+ show “First-Time Fixer.” In the premiere episode “Salt Lake City Condo,” Chip and Jo head to Salt Lake City to give old-time pals Brittany Baker and Annie Hawkins tips on their first flip: a $305,000 midcentury condo.
RIS Media
JANUARY 14, 2021
Realty ONE Group recently announced it made the Franchise Business Review’s top ten ‘Fast & Serious’ list of the smartest growing brands. The UNBrokerage, as it’s known in the industry, was the only real estate franchise to make the list among popular franchisors like Orangetheory Fitness, CycleBar and Dogtopia. Despite a global pandemic, Realty ONE Group reports it has set new records signing 86 new franchises while opening 72 new offices, now with over 300 locatio
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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.
Realtor.com
JANUARY 14, 2021
John Lamparski/Getty Images The former NFL quarterback Tim Tebow has successfully sold one of his Jacksonville, FL, homes for $1.4 million. As it happens, the buyer has a tie to the sports world. The new owner, Robin Ann Eletto , is chief people officer at Fanatics, Inc., which sells officially licensed sports merchandise. After washing out on the gridiron, Tebow switched his career path to baseball.
Brownstoner
JANUARY 14, 2021
In the News At Brooklyn Restaurants, It’s the Season of the Yurt [NYT] Brighton Beach Divided Over Proposed Homeless Shelter [BP] Cat Cafe in Heights Receives $25K Grant From ASPCA [Eagle] W’burg Residents Demand City Issue Order To Stop NYCHA Construction [amNY] NYPD Pull-Out Experiment in Brownsville To Expand Elsewhere [The City] MTA Investigates Racial Profiling… Read More > The post Daily Links: Brighton Beach Residents Are Torn Over a Proposed Homeless Shelter appeared first on B
Homes.com
JANUARY 14, 2021
Obsessed with Netflix's hit show Bridgerton? Transform your space into 19th-century England with these Bridgerton-inspired home decor elements! . (Image: Facebook/Netflix). The post Bridgerton-Inspired Design Ideas to Transform Your Home appeared first on Homes.com.
RIS Media
JANUARY 14, 2021
It’s a false choice to say consumers want either technology or a good agent. They want the newest solutions. They want the latest innovations. Consumers appreciate cool technology, but they also want a great agent. Today, we are seeing the emergence of the modern agent. The modern agent knows how to bring all of the latest innovations and newest solutions to the table for clients because this agent understands what the consumer wants.
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
JANUARY 14, 2021
A rent-stabilized apartment on the top floor of a Clinton Avenue manse seems like an unusual find. It is a studio that isn't exactly overflowing with space, but the petite unit does offer a perch on the top floor of 415 Clinton Avenue, one of the grand 19th century houses… Read More > The post Petite Rent Stabilized Studio in Clinton Avenue Italianate Manse Asks $2,120 a Month appeared first on Brownstoner.
RIS Media
JANUARY 14, 2021
As a real estate professional, you’re likely already working irregular hours, so in order to capitalize on the free time you have, it’s crucial that you make the most of the time you set aside each day for your business. Most people, naturally, are more productive during certain hours of the day. By identifying and taking advantage of the times during the day when you’re most productive, you can enhance your work-life balance.
Brownstoner
JANUARY 14, 2021
The South Brooklyn Marine Terminal in Sunset Park will become an enormous new wind turbine assembly plant funded in part by New York State, Governor Andrew Cuomo announced on Wednesday morning. “This is our path forward in stimulating the economy post-pandemic, and leading the way on protecting the environment,” the governor… Read More > The post Cuomo Announces Wind Turbine Assembly Plant Headed to South Brooklyn Marine Terminal appeared first on Brownstoner.
Realty Biz
JANUARY 14, 2021
Depending on your locale, selling a home in a timely manner can be an uphill battle. Needless to say, this is less than ideal for homeowners looking to sell in a hurry. While there’s no across-the-board solution for finding a buyer in an expedient fashion, there are numerous steps you can take to make your home more appealing to prospective purchasers.
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.
The Mortgage Report
JANUARY 14, 2021
Buying a short sale home can get you a great deal. But the short sale process can be challenging. Here's what to expect when buying a short sale.
Waterfront Properties
JANUARY 14, 2021
Palm Beach County’s first tourists were the early settlers. These earliest visitors became the first residents of the area. The first permanent residents of Palm Beach County date back to 1872. They struggled to clear the dense marshland for building homes and growing crops. Farming was the way that most of the early homesteaders and pioneers made their living.
Brownstoner
JANUARY 14, 2021
A new limited-edition library card will be launching in celebration of Juneteenth 2021 and artists are being encouraged to submit their designs this month. The new Brooklyn Public Library card, the first in a planned 'Celebrating Heritage' series, will celebrate Black American culture and history. Artists must submit their proposed design… Read More > The post Submit Your Design for a New Brooklyn Public Library Card Celebrating Black Culture appeared first on Brownstoner.
The Mortgage Report
JANUARY 14, 2021
Buying a foreclosed home isn't as easy as it used to be. But good deals can still be found. Here's how to buy a foreclosed home with a mortgage.
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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.
Better Dwelling
JANUARY 14, 2021
Canadian real estate price forecasts are so volatile, even the same firms can’t decide. RBC‘s senior economist released their real estate forecast, showing big gains for 2021. The forecast is contrary to the numbers RBC execs stated to investors, just last month. It’s not uncommon to have forecasts with different outcomes. However, it’s rare to […].
BubbleInfo
JANUARY 14, 2021
Since 2017, there have been 15 RSF sales over $10,000,000, and this house accounts for three of them! It’s a remarkable record that is unlikely to be broken: April 2017: $10,600,000 December 2017: $10,850,000 January 2021: $10,850,000 It’s also a reminder that the frenzy and rapid price increases are limited to the Under-$2,000,000 market.
Waterfront Properties
JANUARY 14, 2021
Its that time of year again for the annual South Florida Fair. This year, the South Florida Fair is bringing everyone two fairs in 2021. The first fair which starts tomorrow January 15th through January 31st will be a mini fair and the full traditional fair will be held in May of this year. The mini–South Florida Fair rolls into West Palm Beach this January 15th through 31st.
RISMedia
JANUARY 14, 2021
2021 is finally here, and as we continue to conduct business in this ever-changing landscape, many agents and brokers alike are relying on remote tools. As technology advances and social distancing guidelines are still in effect, real estate professionals are utilizing virtual communication and digital marketing tools more than ever before. Thankfully, smartphones are also […].
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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