Housing Wire
JULY 1, 2021
The average 30-year fixed-rate mortgage fell four basis points from the week prior to 2.98%, according to data released Thursday by Freddie Mac ‘s PMMS. Within the past almost three months, mortgage rates have only peaked above 3% one time. “Economic growth remains steady and is bolstering more segments of the economy,” said Sam Khater, Freddie Mac’s Chief Economist.
Keeping Current Matters
JULY 1, 2021
The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based on experience and expertise. Here are four expert opinions from professionals and organizations that have devoted their careers to giving great advice to the housing industry.
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Housing Wire
JULY 1, 2021
Black Americans continue to face greater financial and generational barriers to homeownership than white Americans, with a recent study finding that only 45.1% of Black Americans bought or own their home as of the first quarter of 2021 — against 73.8% of white Americans. Per Redfin , 23% of white homeowners made no financial sacrifices to buy their first home, versus 14% of Black homeowners.
Realtor.com
JULY 1, 2021
Getty Images The housing market may be taking one step forward—and two steps back. In a sign that the hot housing market is getting a little better for buyers, more homes hit the market in June, according to a recent Realtor.com® report. However, prices continued to soar, reaching a new all-time high. The number of new listings for sale increased 10.9% in June compared with a month earlier—and were up 5.5% annually.
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Housing Wire
JULY 1, 2021
We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. According to Buildfax, a housing data and analytics company, money spent on remodeling has increased over 40% from this time last year.
Realtor.com
JULY 1, 2021
Getty Images The COVID-19 pandemic saw many homebuyers prioritizing square footage and outdoor space like never before. Some folks left the tight confines of the city for wide-open floor plans, while others refused to even look at a house that didn’t have an expansive backyard. More space means more room to entertain, and if you’re a new homebuyer who’s spent months (or a year) dreaming about hosting a July Fourth shindig, now’s your time to shine.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
BubbleInfo
JULY 1, 2021
There is a collective mindset. For the last year, real estate has been hot around the world. When California gets cooking, so do all the neighboring states. And when America gets cooking, other markets around the world benefit too. There are varying degrees of hot, but we can say that real estate markets everywhere have […].
Housing Wire
JULY 1, 2021
The beauty and lore of Savannah, Georgia is familiar to most Americans — even if they don’t know it. Savannah, with its lush trees and at-home hospitality, was the principle filming location for the 1994 Academy Award-winning movie “Forrest Gump.” Going back even further, Burt Reynolds’ 1976 directorial debut, “Gator,” was also filmed in Savannah.
Realtor.com
JULY 1, 2021
Getty Images The horrifying collapse of a condo building just outside of Miami has left the nation grappling with how a tragedy of this magnitude could have occurred on U.S. soil. In the aftermath of the deadly disaster, questions will need to be answered on what caused the unprecedented collapse of Champlain Towers South last Thursday. Building and inspection codes will likely be revised.
Housing Wire
JULY 1, 2021
If there’s one common characteristic that HousingWire saw the brightest marketing leaders and minds in the housing industry wield last year , it was being agile. When the world shifted to work from home , marketers stepped in with new messaging and strategic campaigns to reach their target audience. When mortgage and acquisition activity picked up, marketers created new brand unity between companies.
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.
RIS Media
JULY 1, 2021
There’s clearly been a reliance on technology these last few years, as brokerages and real estate companies look to streamline efforts and survive in a rapidly changing environment. Technology, however, should not be used as a crutch; rather, it should support agents and staff to focus on the true underlying priority: relationships. Here, RISMedia interviews Jack Markham, senior vice president of Strategic Growth at Better Homes and Gardens® Real Estate , who shares how technology has impa
Housing Wire
JULY 1, 2021
With the forbearance moratorium expiring at the end of July and the CFPB’s new foreclosure rule taking effect in August, servicers have a lot to consider when working with borrowers on forbearance exits and loss mitigation strategies. HousingWire recently spoke with Travis Britsch, general manager of Hubzu , about post-forbearance strategies to benefit both servicers and borrowers.
RIS Media
JULY 1, 2021
The path to real estate leadership is never the same—and it is rarely straight. Some start out with their eye on the prize, growing up knowing they want to be a “CEO.” Not me. It wasn’t something I ever thought I would be. A hard worker, absolutely. Someone with drive to accomplish a goal, sure. But a leader? A CEO leading the world’s largest real estate franchise organization?
Realtor.com
JULY 1, 2021
HGTV Think fixing up an old farmhouse would be an idyllic way to spend your days? Then it’s high time for a crack-of-dawn wake-up call from the stars of a new reality show, “Farmhouse Facelift.” In this 10-part series (now available on Hulu), Billy Pearson and Carolyn Wilbrink renovate old farms in Canada, making them more modern and functional for families today.
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Coldwell Banker
JULY 1, 2021
Congratulations to our very own Chief Marketing Officer David Marine for being named to the 2021 class of HousingWire Marketing Leaders! The post David Marine Among HousingWire’s 2021 Marketing Leaders appeared first on Coldwell Banker Blue Matter.
Brownstoner
JULY 1, 2021
The long-planned medical facility on that’s part of the larger, controversial River Park development in Cobble Hill has started to rise on Atlantic Avenue, a visit to the site this week revealed. Located at 339 Hicks Street (with an alternate address of 70 Atlantic Avenue), the building, on the former Long… Read More > The post Medical Facility Starting to Rise on Former Long Island College Hospital Site in Cobble Hill appeared first on Brownstoner.
Point2Homes
JULY 1, 2021
Image: fizkes / Shutterstock.com. Renting out a property is a superb way to earn a little passive income. But how do you make the change from homeowner to landlord? In this guide, we’ll discuss the ten essential steps you need to make. Find an Investment Property. If you already have an unoccupied house or apartment, this first step is the easiest. But if you have to buy the property, there are a few differences between buying an investment property and a home for yourself.
RIS Media
JULY 1, 2021
(TNS)—You may have heard the stock market is up a lot, and the housing market too. Cryptocurrencies have been surging—at least until recently. The economy is booming back to life after a year of pandemic-induced lockdowns and most assets are booming right along with it. But you pay a high price for a positive outlook in investing, and value-minded buyers may be struggling to find bargains amid today’s high prices.
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.
Lighter Side of Real Estate
JULY 1, 2021
Real estate is a competitive industry. We spend hours on the phone, meeting clients at open houses, and going to showings, only to find out that someone else got the listing we really wanted. With so many frustrations in our day-to-day lives, it’s no wonder we have some bad stories from time to time. We polled our Lighter Side community of real estate professionals and got hundreds of crazy stories.
RIS Media
JULY 1, 2021
Video messaging is an extremely powerful tool for relationship building—and its influence continues to grow. A report from video-sharing service BombBomb showed that compared to traditional email, messages with video earned tremendous amounts of engagement. Of the professionals who included videos in their business communications, 81% noticed an increase in replies, 68% saw more lead conversions and 56% reported more referrals.
Waterfront Properties
JULY 1, 2021
Southeast Florida outdoor activity enthusiasts can enjoy a tax-free shopping week. Florida’s tax-free “Freedom Week” event is July 1 – July 7, 2021. Eligible outdoor recreation items and admission to eligible cultural and sporting events are exempt from Florida state sales tax. You will save at 6 percent on qualifying purchases. As the state reopens, residents are being encouraged in various ways to help kick Florida’s economy back into high gear.
RIS Media
JULY 1, 2021
Americana Holdings, one of the largest independently owned and operated Berkshire Hathaway HomeServices (BHHS) franchisees, joins the HomeServices ’ family of wholly-owned companies, marking the first major acquisition for the brand since the pandemic. The company operates across three states as Berkshire Hathaway HomeServices Arizona Properties, Berkshire Hathaway HomeServices California Properties and Berkshire Hathaway HomeServices Nevada Properties.
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.
Waterfront Properties
JULY 1, 2021
The Andrew Red Harris Foundation is pleased to announce that the 2021 artificial reef project has begun with the implementation of the initial of five 500-ton barge loads of huge 8 long concrete tunnels offshore of the Jupiter inlet This years project benefits from Forterras donation of 2500 culverts valued at $450,000 to the Andrew Red Harris Foundation.
Brownstoner
JULY 1, 2021
This 1890s brownstone at 615 MacDonough Street in Bed Stuy offers a classic floor plan with historic details and modern updates. Details include woodwork, original floors, pocket doors, a carved wood mantel with tile in the front parlor, and early 20th century electric light fixtures. A giant kitchen on the… Read More > The post No-Fee Bed Stuy Brownstone With Mantel, Woodwork, Big Kitchen Asks $6,500 a Month appeared first on Brownstoner.
REM Online
JULY 1, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Tony Ning’s rags to riches story. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Tony Ning's is a rags to riches story that started when he was a child and wanted to do something good.
Brownstoner
JULY 1, 2021
After the pandemic put a hold on 2020 celebrations, the Macy’s Fourth of July Fireworks are set to light up New York Harbor again this year — and Kings County has some of the best views. Billed as a celebration of the essential workers who kept the country running during the… Read More > The post Where to Watch Fourth of July Fireworks in Brooklyn (2021 Edition) appeared first on Brownstoner.
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The Mortgage Report
JULY 1, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. So July started as June finished: unexcitingly. Just remember: That old saying, “May you live in interesting times,” was […].
Brownstoner
JULY 1, 2021
In the News City Reaches Deal on Record $99 Billion Budget [NYT] City Council to Vote to Fund Two YMCA Locations in Brooklyn [BP] New IKEA Ferry Line to Launch This Weekend in Red Hook [BP] Farewell to Jack the Horse Tavern [BHB] Dirt Bike-Riding Assailants Attack Mailman on Greenpoint Street [amNY] In Crown Heights, a… Read More > The post Daily Links: City Agrees on $99 Billion Budget Aimed at Post-Pandemic Recovery appeared first on Brownstoner.
The Mortgage Report
JULY 1, 2021
A cash out refinance on a rental property is a great way to get money out of your investment. Especially with refinance rates near all-time lows.
Brownstoner
JULY 1, 2021
Since NYC Home Pros launched six months ago, homeowners in every borough can find and book contractors, architects, agents, lenders and other home services professionals — effectively, a one-stop shop. The concierge-hosted directory service also offers targeted exposure for businesses in the home purchase/finance/renovation/repair space. NYC Home Pros began a decade… Read More > The post NYC Home Pros, Where Homeowners and Service Pros Find Each Other appeared first on Brownstoner.
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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