Housing Wire
MARCH 16, 2021
With lumber prices and other building material costs still at record-high levels, homebuilder confidence fell two points in March, per the latest report from the National Association of Home Builders. That drop in builder confidence is in spite of sky-high buyer demand, which hasn’t waned despite rising home prices and climbing mortgage rates – the latter up 30 basis points from February.
Keeping Current Matters
MARCH 16, 2021
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains : “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time.
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Housing Wire
MARCH 16, 2021
The housing industry has been keeping a keen eye on President Joe Biden’s proposed $15,000 homebuyer tax credit for first-time homebuyers. But just how many people would actually benefit from it? According to a report from Zillow, about 9.3 million renter households in the U.S. (27.4%) would spend less than a third of their income on the monthly payment for the median home sold in their metro in 2020 if they received the full tax credit.
Lighter Side of Real Estate
MARCH 16, 2021
The right accessories can transform a room from dull to decorative, cold to cozy, and even take it from meh to magnificent. Some pieces, like candles and vases, have universal appeal. But depending on which part of the country you call home, other items are more practical than others. For example, if you’re in the Florida Keys, the coat racks and sheepskin throws that are so popular in Michigan will look pretty out of place.
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Housing Wire
MARCH 16, 2021
For the past few years, low mortgage rates have fueled a housing market so hot that even a pandemic couldn’t derail purchase originations. Record-breaking lending volumes led many lenders to tighten up their processes across every stage of the mortgage cycle. Plaza Home Mortgage was no exception, as it sought to improve its property tax estimation process.
Point2Homes
MARCH 16, 2021
Image: Chuck Wagner / Shutterstock.com. When you’re preparing to move, you have a choice between hiring a professional moving company or renting a moving truck, which can be a great way to save money. Moving is expensive, and doing as much as you can yourself will help keep your costs down. Plus, a DIY move offers you more flexibility and gives you the freedom to do things at your own speed.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
MARCH 16, 2021
First-time buyers are said to be driving BC’s residential boom, but that’s not what data shows. BC Government property transfers do reveal more first-time buyers in January. The catch is they failed to grow as quickly as total home sales. First-time homebuyers now represent the smallest part of the market in years. First-Time Buyers Fail […].
Housing Wire
MARCH 16, 2021
Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction. Following a year where real estate and mortgage professionals had to adapt quickly to changing conditions , Lone Wolf is offering its new product to advance digitized real estate transactions.
Better Dwelling
MARCH 16, 2021
Canadian real estate is in a “melt up,” says one of the country’s largest banks. BMO senior economist Robert Kavcic sent a brief research note literally titled “Melt Up,” with his take on the latest real estate numbers. The term is typically used to describe rapid, and unsustainable price growth for an asset. It’s also […]. The post Canadian Real Estate In A “Melt Up,” and Little Chance of Stopping It By Spring: BMO appeared first on Better Dwelling.
Housing Wire
MARCH 16, 2021
Months after the departure of David Brickman , Freddie Mac has tapped Mark Grier to serve as CEO on an interim basis, the government sponsored entity said on Tuesday. Grier will be intimately aware of the challenges he faces as interim CEO: he is currently a member of the board of directors. “As a member of the board of directors, Mark Grier is already an invaluable asset to Freddie Mac, bringing more than four decades of experience in finance, risk, markets and capital management.
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RIS Media
MARCH 16, 2021
The sun doesn’t appear to be setting on the bustling housing market, even as mortgage rates continue to rise. The gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage applications may have initially worried some ahead of the spring home-selling market. Rates rose to over 3% in early March, breaking an almost year-long decline during the pandemic that resulted in record lows.
Housing Wire
MARCH 16, 2021
TransUnion’s latest financial hardship study, performed between Feb. 26 and March 1, showed that 22% of consumers surveyed still feel they are in financial “limbo,” or feel like their income has decreased and are doubtful as to when their finances will recover. In the year since the COVID-19 pandemic hit the U.S., TransUnion grouped consumers into three groups: stable, made up of consumers whose income has not decreased and finances are as planned; hopeful, where consumers have had i
Eye on Housing
MARCH 16, 2021
Continuing a long tradition to provide the most recent and accurate research on what home buyers want in their homes and communities, NAHB recently released What Home Buyers Really Want, 2021 Edition*. The study sheds light on the housing preferences of the typical home buyer, but also on how those preferences change over time, and how they may vary based.
Coldwell Banker
MARCH 16, 2021
Coldwell Banker-affiliated agents offer their best tips to first-time home sellers. The post It’s A Seller’s Market After All: Tips for First-Time Home Sellers Directly from the Experts appeared first on Coldwell Banker Blue Matter.
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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
MARCH 16, 2021
When it comes to lead generation, social media is vital for real estate agents looking to develop a successful marketing strategy. As you grow your presence on social media, engagement follows suit…but only if you use these platforms to connect—and stay connected—to your audience. Posting self-made videos , sharing educational information and promoting your listings are tried and true social media methods for generating more leads.
Realtor.com
MARCH 16, 2021
Kelly Frady This Victorian home in Plattsburgh, NY, is intriguing—and a bit creepy at the same time. Built in 1895, the 5,860-square-foot home, listed for $325,000, boasts many original vintage details. What’s more, there’s an area for embalming bodies in the basement. “It was actually a funeral home that closed in 2001,” explains the listing agent, Katie Perrone.
The Mortgage Report
MARCH 16, 2021
Today’s mortgage and refinance rates Average mortgage rates unexpectedly rose yesterday. But only by the smallest measurable amount so the damage was barely perceptible. Today could be even more unpredictable. […].
App Folio
MARCH 16, 2021
Employee retention. It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . So what can be leaders and managers do to improve retention? Identify what motivates. According to multifamily expert and performance coach Jackie Ramstedt: “You have to know what motivates people.
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.
The Mortgage Report
MARCH 16, 2021
A new rule from FHFA caused a sharp increase in investment property mortgage and second home mortgage fees. Here's what you need to know.
The American Genius for Real Estate
MARCH 16, 2021
(EDITORIAL) While the tools themselves tend to be user-friendly, preparing an online video presentation requires some extra steps you need to be aware of. The post A guide on how to nail your next video presentation appeared first on The American Genius Real Estate.
Realtor.com
MARCH 16, 2021
Chipper Hatter Photography/Houzz. Much as we might hate to admit it, the living room of 2020 was good to us. It was a space that became our office, our classroom, and comforted us during all the stay-at-home orders of the past months (and months). But as a result of all that time at home, the way we want to decorate, design and, well, live , in our living rooms has changed.
BubbleInfo
MARCH 16, 2021
A former Padres pitcher (who made over $12 million while in SD) just sold his house in Poway. The den was a baseballer’s dream, and the indoor/outdoor/backyard was incredible too. Here are 75 photos plus Matterport: [link] [link].
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.
Lighter Side of Real Estate
MARCH 16, 2021
The right accessories can transform a room from dull to decorative, cold to cozy, and even take it from meh to magnificent. Some pieces, like candles and vases, have universal appeal. But depending on which part of the country you call home, other items are more practical than others. For example, if you’re in the Florida Keys, the coat racks and sheepskin throws that are so popular in Michigan will look pretty out of place.
Realtor.com
MARCH 16, 2021
James Devaney/Getty Images Tom Cruise is on a mission: The A-lister wants to sell his massive Telluride ranch. The Colorado spread is back on the market for $39.5 million. Eric Lavey and Dan Dockray of LIV Sotheby’s International Realty hold the listing. The star of “Mission Impossible” had quietly shopped the property in 2014, at the much higher price point of $59 million.
First Team Real Estate
MARCH 16, 2021
LAGUNA BEACH, CA – Representing the buyer of 1019 Emerald Bay, First Team Real Estate agent Herbie Zadeh, Herbie The House Hunter, successfully helped his client find their dream home in the exclusive Emerald Bay beach community. An experienced luxury real estate agent in our First Team Dana Point Office , Herbie and his client closed sale on the ocean view property, beating out several other offers by expertly matching the needs of the seller.
Realty Biz
MARCH 16, 2021
The relaxation of lending and appraisal standards for loans backed by Fannie Mae and Freddie Mac has been extended for another month , the Federal Housing Finance Agency announced last week. The FHFA put its eased standards in place due to the COVID-19 pandemic to help lenders and appraisers keep loans on track amid social distancing measures and the subsequent delays in verifications they caused.
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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.
BubbleInfo
MARCH 16, 2021
The new NAR report on the characteristics of homebuyers was released today. Let’s note how many homes were bought to accommodate kids moving back home – or who never left. Past generations never had to worry about kids moving out when everybody could afford a home. As the prices go sky high, more kids will […].
Homes.com
MARCH 16, 2021
Feeling like your home needs a little TLC but strapped for cash? Here are our top three ideas to transform and breathe new life into your home this spring. The post 3 Budget-friendly Home Transformations for Spring appeared first on Homes.com.
Waterfront Properties
MARCH 16, 2021
Two local ballparks are home to four Major League Baseball Teams Spring Training games. The Roger Dean Chevrolet Stadium in Jupiter is home to the St. Louis Cardinals and the Miami Marlins Spring Training games. The FITTEAM Ballpark of the Palm Beach is home to the Houston Astros and the Washington Nationals. Spring Training Games Happening this Week: Roger Dean Stadium: Jupiter Wednesday, March 17th at 1 pm: New York Mets vs.
Realty Biz
MARCH 16, 2021
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 Cicely in FL: Hi Brian. I’m a fanatic for flowers but have never been able to grow my own garden until this year.
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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