Housing Wire
SEPTEMBER 13, 2021
Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. 5. Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021.
Keeping Current Matters
SEPTEMBER 13, 2021
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay.
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Housing Wire
SEPTEMBER 13, 2021
As we come to the end of 2021, we also approach the end of another year living with COVID-19. The year 2020 was one of the most chaotic times in recent history. Although 2021 seems normal in comparison, it is perhaps even stranger because as a country, we have learned to normalize the consumption of goods and services with an active virus infecting and killing Americans each day.
Better Dwelling
SEPTEMBER 13, 2021
Canadian real estate has long been frothy, but how does it look compared to other countries? According to the US Federal Reserve (the Fed) exuberance index in Q1 2021, pretty bad. Only two G7 countries are considered exuberant markets (a.k.a. bubbles) — Canada and Germany. Those two countries are also the longest-running bubbles of any […]. The post Canada’s Real Estate Bubble Is The Second Longest In The World: US Federal Reserve appeared first on Better Dwelling.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling
Housing Wire
SEPTEMBER 13, 2021
Alanna McCargo, senior advisor at the Department of Housing and Urban Development , has been picked by the Biden administration to head Ginnie Mae. The position of GNMA president has notably sat vacant for close to five years, with Ted Tozer, the last permanent president, resigning in 2017. Since then, the industry has been waiting with bated breath for someone to fill the role.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
SEPTEMBER 13, 2021
After a slight lull , forbearance numbers across the board have started to lurch downwards, with the total number of loans dropping by 15 basis points to 3.08% as of Sept. 5, according to the Mortgage Bankers Association ‘s latest survey. The portfolio loans and private-label securities (PLS) category, which has remained stubbornly high, saw the most notable decline last week, dipping by 25 bps to 7.27%, the report said.
Maximum Exposure Real Estate
SEPTEMBER 13, 2021
The Methods of Storing Your Belongings When Moving Reviewed Are you wondering what the storage options are for an upcoming move? There is lots to do when it comes to moving, from changing your address to hiring movers to renting storage space. If you are planning a move that will require storing some of your […]. The post 3 Types of Storage Rentals to Consider When Moving appeared first on Massachusetts Real Estate Exposure.
Housing Wire
SEPTEMBER 13, 2021
Today’s RealTrending features an interview with with Mike Golden and Thad Wong, co-founders of @properties. A powerhouse in the Chicagoland area, the brokerage firm is now expanding to to other areas. Wong and Golden discuss their franchising strategy, their technology platform and their strategic plan for the coming year. Here is a small preview of today’s interview with @properties co-founders Thad Wong and Mike Golden.
The Mortgage Report
SEPTEMBER 13, 2021
Learn all you need to know about jumbo vs. conventional loans. Explore interest rates, requirements, and who should use which loan type.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Housing Wire
SEPTEMBER 13, 2021
Title insurance giant Old Republic International will pay $1 million to settle charges that it entered into “no-poach” agreements to stifle labor competition, the New York Attorney General’s Office said late last week. “For years, Old Republic stifled competition in the labor market, but this agreement ends the company’s illegal conduct, while putting all businesses on notice that no-poach agreements will not be tolerated in New York State,” New York Attorney
Eye on Housing
SEPTEMBER 13, 2021
The number of women employed in the construction industry grew slightly in 2020, rising to around 1.17 million, while the construction industry lost 587,000 jobs in 2020 when the pandemic hit the economy. Currently, women make up a growing share of the construction employment, up to 10.9% in 2020 from 10.3% in 2019. As the construction skilled labor shortage remains.
Easy Agent Pro
SEPTEMBER 13, 2021
If ever there was a time that homebuyers required hand-holding, it is right now, in this market. While the market is described by the media as “white hot,” “booming” and “skyrocketing,” homebuyers who face bidding wars and inventory shortages aren’t exactly happy campers. Which, as you know, is a pity. Buying a home should be a joyous occasion, not a battle.
Realty Biz
SEPTEMBER 13, 2021
A blind real estate investment might end up making no profit as per your expectations, but it’s all in vain. Whether you are buying a property to earn rental money through it or for living purposes, you surely have to take care of the indicators that play a vital role in the real estate economy. Let’s get to know the indicators that would help you to optimize your real estate investments. 1- Keep an Active Eye on the Life Amenities Offered.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
The Mortgage Report
SEPTEMBER 13, 2021
Today’s mortgage and refinance rates Average mortgage rates inched lower again last Friday. But, with rises almost canceling out falls, the week ended very close to where it started. Still, […].
Eye on Housing
SEPTEMBER 13, 2021
The Census Bureau’s latest Survey of Construction (SOC) shows changes in the shares of the number of bathrooms and half-bathrooms of single-family homes started in the United States in 2020. The latest data show that 3% of new single-family homes started had one bathroom or fewer, 65% had 2 bathrooms, 25% had 3 bathrooms, and 7% had 4 bathrooms or.
HomeLight
SEPTEMBER 13, 2021
The search for a Realtor® used to be much less transparent. The options were essentially to attend open houses, ask your friend for a recommendation, or call up a brokerage office. Even in the early days of the internet, it was hard to find reliable data on a real estate agent’s abilities and whether past clients were happy with their services. But as the 2000s progressed, real estate agent rating sites and online reviews started to crop up and become available.
Eye on Housing
SEPTEMBER 13, 2021
Prices paid for goods used in residential construction ex-energy decreased 0.7% in August (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The decrease was largely driven by a decline in lumber and wood products prices and was the first monthly decline since the start of the last recession.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
RIS Media
SEPTEMBER 13, 2021
It may be time for real estate professionals to brace for the industry’s future as the Federal Reserve figures out how to address inflation in the United States. Amid the uncertainty surrounding the long-term impact on the housing market, experts claim further increases in the cost of homeownership could be on the horizon, potentially pricing more buyers out.
BubbleInfo
SEPTEMBER 13, 2021
There were 48 new listings between La Jolla and Carlsbad this week, and 48 new pendings! The pendings are evenly divided too: NSDCC Pending Listings: 0 – $1,000,000: 7 $1.0M – $1.5M: 78 $1.5M – $2.0M: 77 $2.0M – $3.0M: 78 Over-$3,000,000: 77 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC (La Jolla to Carlsbad) Under $1,000,000 Market Date NSDCC Active […].
RIS Media
SEPTEMBER 13, 2021
Did you know that nearly one in four REALTORS® reported that they have feared for their personal safety while on the job? An even higher number, nearly one in three, reported feeling fearful when hosting open houses or conducting showings. In fact, according to the 2020 Member Safety Report, 4% of REALTORS®, or about 60,000 members, said they’ve been victims of a violent crime, including assault, sexual abuse, rape, robbery and murder.
The American Genius for Real Estate
SEPTEMBER 13, 2021
(REAL ESTATE) After coming to a settlement with the DOJ, the National Association of Realtors is petitioning the court to keep the DOJ from reneging. The post NAR pushes back on DOJ’s reneging on antitrust settlement appeared first on The American Genius Real Estate.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
RIS Media
SEPTEMBER 13, 2021
The National Association of REALTORS® (NAR) will host its inaugural C5 Summit—the association’s commercial real estate and economic development event—in New York City from Sept. 27-29, 2021. C5 (Commercial. Connect. Commerce. Capital. Community.) will provide direct access to commercial investors and influential industry leaders, including commercial brokers and developers, state and local REALTOR® associations, economic development corporations, government officials, REITs, and domestic a
BubbleInfo
SEPTEMBER 13, 2021
Hat tip to GW and AK who sent me an article by Fortune, that references this article: [link] An excerpt: With expiration of a broad federal foreclosure moratorium on July 31, hundreds of thousands of U.S. homeowners are expected to exit forbearance in coming months. A significant share of these homeowners will likely end up […].
RIS Media
SEPTEMBER 13, 2021
The National Association of REALTORS® (NAR) is fighting the Department of Justice’s (DOJ) attempts to back out of their antitrust lawsuit settlement. NAR filed a petition on Sept. 13 to revoke the Justice Department’s request to withdraw from its November 2020 settlement agreement, claiming the DOJ action should be void based on legal precedent. “By its action, the DOJ thinks it should be free to reconsider the terms of an agreement at any time, for any reason—or no reason at all,” said Charlie
Realtor.com
SEPTEMBER 13, 2021
East Sister Rock Island just off Marathon, FL, in the Lower Keys is available for $11.7 million. For a buyer in search of true isolation, there's nothing like it. The post Sunny Delight: This $11.7M Private Island in Florida Keys Is Pure Heaven appeared first on Real Estate News & Insights | realtor.com®.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
HomeLight
SEPTEMBER 13, 2021
Unless you’ve been living under a rock, you’ve seen news reports touting record-breaking, rock-bottom mortgage interest rates. According to the Federal Reserve Bank of Saint Louis, the average 30-year mortgage interest rate plummeted by 33% from January 2018 to January 2021, from 3.95% to 2.65%. While your book club pals have been swapping the names of mortgage brokers, you’re wondering whether you should jump on the refinancing bandwagon.
Better Dwelling
SEPTEMBER 13, 2021
Canadian building investment is falling, and it’s due to a lack of housing investment. Statistics Canada (Stat Can) data shows total building investment fell in July. Taking a dive into the data, we can see this is due entirely to falling residential investment. While it dropped, no need to worry about an inventory squeeze. The […]. The post Canadian Building Investment Drops For The Third Month Due To Housing appeared first on Better Dwelling.
Realtor.com
SEPTEMBER 13, 2021
From a better-educated workforce to more exposure to arts and culture, college towns can be great places to buy a home at any stage of life. The post Here Are America’s Best College Towns for Homebuyers—at Any Age appeared first on Real Estate News & Insights | realtor.com®.
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