Housing Wire
DECEMBER 23, 2021
Andy Florance, CEO and founder of CoStar. “ Zillow is no longer a relevant player,” said Andy Florance, the CEO and founder of CoStar. “We have done a million dollars of market research in the last couple of months. And we have found that Zillow is not the leader in the space. Zillow is actually not used by many homebuyers.”. Zillow’s 226 million unique monthly visitors ?
Keeping Current Matters
DECEMBER 23, 2021
It’s clear that owning a home makes financial sense.
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Housing Wire
DECEMBER 23, 2021
The average 30-year-fixed rate mortgage dropped to 3.05% during the week ending Dec. 23, after achieving 3.12% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.66%. The 15-year-fixed-rate mortgage averaged 2.30% last week, declining from 2.34% the week prior. A year ago at this time, it averaged 2.19%.
Better Dwelling
DECEMBER 23, 2021
Canada quietly put real estate investors on notice, right before the holidays — probably hoping it slips under the radar. A newly re-elected Liberal Party of Canada (LPC) distributed mandate letters. These letters contain orders for the Minister to execute and are usually pretty dry. A big exception is the Minister of Housing’s mandate letter, […].
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Housing Wire
DECEMBER 23, 2021
The delinquency landscape continues to improve on a monthly basis, with the total delinquency rate in the nation falling to 3.59% in November, according to Black Knight ’s November mortgage monitor published this week. In October, the analytics vendor clocked the national delinquency rate at 3.74%. The 15-basis point improvement continues to point to the effectiveness of initiatives taken by policy makers and industry participants over the pandemic period to help borrowers stay in their homes.
Sotheby's International Real Estate
DECEMBER 23, 2021
Malibu, California | Shen Schulz, Sotheby’s International Realty – Malibu Brokerage. A home is meant for hosting, and whether curating an intimate party or planning a larger affair, having your own bar is a luxury that elevates the art of entertaining. And with bars as elegant as the ones found in these superb five residences, why go out when you could stay in and celebrate by sipping from the comfort of home?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
DECEMBER 23, 2021
Canadian real estate prices show no sign of slowing down, even going into the winter. According to the Canadian Real Estate Association (CREA), prices jumped by tens of thousands in November. Not in one or two extraordinary markets either, but right across the country. Home prices have increased well over six figures since last year. […]. The post Canada’s Top 3 Real Estate Markets For Price Growth Each Climbed Over $250k appeared first on Better Dwelling.
Point2Homes
DECEMBER 23, 2021
Image: VGstockstudio / Shutterstock.com. When buying a home, you’ll undoubtedly encounter the term “ escrow ” a few times. And, if you’re a first-time buyer, it might be confusing as there are different types of escrow required when buying the home. So, below, we’ll take a look at the main types of escrow you’ll have to deal with when purchasing a property.
HomeLight
DECEMBER 23, 2021
It’s time to sell! You’re looking forward to finding your new home, but likely worried about getting top dollar for your current home. A lot can go wrong — will it close on time? What will the home inspection find? What if you miss out on your dream home while you wait for a buyer? But if you are selling an older home, you may have another worry — asbestos.
Realtor.com
DECEMBER 23, 2021
Photos via Instagram by josedzine / 67brea / carolcammero Some of us wait patiently all year to put together a tasteful holiday tableau out on the lawn, planning a cute little Rudolph here and a winding garland there. Other folks go right ahead and give outdoor Christmas decor a bad name. Oddball, creepy, over the top—you name it, and you can find it on every social channel and probably down the street in your own neighborhood.
Advertiser: Trellis
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Brownstoner
DECEMBER 23, 2021
The iconic businesses that line Coney Island’s famed boardwalk are breathing a sigh of relief, as they’ve been granted a 10-year lease extension, as well as additional rental assistance through 2029. “The amendment will help small businesses on Coney Island’s historic boardwalk. The resulting lease and sublease extensions will afford them… Read More > The post Lease Extensions, Rental Assistance Granted to Coney Island Boardwalk Businesses appeared first on Brownstoner.
Properties Online
DECEMBER 23, 2021
Brick-and-mortar businesses understand the need to be ADA compliant, but did you realize your real estate website must meet ADA compliance requirements as well? Title III of the ADA prohibits discrimination against individuals in any place of public accommodation. And the U.S. Department of Justice (DOJ) has made it clear this includes websites. Do You […].
Brownstoner
DECEMBER 23, 2021
Roommates or a large family could stretch out comfortably in this three-bedroom rental, on the top floor of an early 20th century house in Midwood. It also has a sunroom, living room and dining room -- although only one bathroom. Located at 820 East 12th Street, the house was built… Read More > The post No-Fee Midwood Pad With Three Bedrooms, Dining Room, Sunroom Wants $3K appeared first on Brownstoner.
The Mortgage Report
DECEMBER 23, 2021
Refinancing can equal big returns on your rental or investment property, if you can navigate the roadblocks. Get refinance investment property rates today.
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Brownstoner
DECEMBER 23, 2021
In the News Is New York Still a ‘Tale of Two Cities’? [NYT] Downtown Brooklyn: A Neighborhood ‘in the Middle of Everything’ [NYT] Some CityMD Clinics in NYC to Temporarily Close Over Staffing Concerns [NYP] Brooklyn Public Library Awards Nearly $90K for Programming [BP] Santa Claus Makes Stops in Southern Brooklyn Before Christmas [BP] Betty's… Read More > The post Daily Links: City Council Passes Emergency Rent Aid Bill Before Eviction Ban Expires appeared first on Brownstoner.
Realty Biz
DECEMBER 23, 2021
The San Francisco Bay area’s housing market remains ultra-competitive even as sales show signs of slowing down in other parts of the country. Recently, a four-bedroom, 2,400 square-foot and newly remodeled home sold for $3.5 million, more than 40% above its initial asking price of $2.5 million. The home was on the market for just three days and in that time it fetched three offers – and all three were at least $500,000 above the asking price, Compass listing agents Richard Woo and Holly Phan sai
Point2Homes
DECEMBER 23, 2021
Image: Viktor Gladkov / Shutterstock.com. In the current climate, it’s not quite as easy as it once was to visit friends and family for the holidays. As such, many of us are staying home over the Christmas season. While it’s easy to think about what you’re missing out on, it’s worth practicing a little mindfulness this time of the year. With that in mind, the following self-care ideas can help you appreciate the good times.
The Mortgage Report
DECEMBER 23, 2021
Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday — yet again. But take a step back and the bigger picture shows that nobody’s lost or gained much […].
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.
Waterfront Properties
DECEMBER 23, 2021
Prezzo is an Italian trattoria located in Boca Raton, with a new location in Palm Beach Gardens. Prezzo is known for its expressive measures and creative versions of classic Italian dishes. Indulge in signature pizzas along with expressive Italian dishes reimagined. Treat yourself to spaghetti squash Pomodoro and cavatappi vegetariana or a personalized wood-fired pizza.
Realty Biz
DECEMBER 23, 2021
Most people find logic in the idea that water is the best way to defeat a fire. This is often true in the case of Class A fires, and purchasing a water mist extinguisher for situations where such fires are a risk is often a good idea. Water fire extinguishers provide either a steady stream of water or a mist that helps put out fires. They function similarly to fire hoses and are extremely useful as long as you know the type of flame danger you face.
Notorious ROB
DECEMBER 23, 2021
I have had one of the more interesting and exciting things in a while happen on my recent post, The Metaverse is the Future: The Office is Dead. Long Live the Office. A couple of readers left lengthy comments disagreeing with my take, and criticizing it besides. I love it. It isn’t through polite agreement. Read more. The post On the Metaverse: Counterpoints and Arguments appeared first on NotoriousROB.
The Mortgage Report
DECEMBER 23, 2021
Yes, you can invest in real estate with little or no money down. Here’s how to buy rental property at any experience level.
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.
Realty Biz
DECEMBER 23, 2021
The Justice Department and the Consumer Financial Protection Bureau have teamed up to warn mortgage servicers and housing providers that they’re unable to lawfully evict military and veteran families without a court order. The warnings come at a time when many are leaving pandemic-related forbearance plans or moratoriums. Service members and veterans both enjoy extra protections against eviction under the Servicemembers Civil Relief Act, which safeguards the mortgages of qualifying service membe
Realtor.com
DECEMBER 23, 2021
Realtor.com For the first time in almost three decades, the Samuel and Bertha Skolnik residence , designed by the renowned architect Rudolph Schindler , is on the market for $4 million in Los Angeles. It’s been exquisitely maintained since its inception in the early 1950s, and was last sold in 1994 for $525,000. Completed in 1952, the midcentury modern masterpiece was one of the last of over 500 homes that the prolific Schindler completed.
The Mortgage Report
DECEMBER 23, 2021
The USDA mortgage does not require a down payment, but closing costs can add up. USDA closing costs plus ways to pay for them.
Realtor.com
DECEMBER 23, 2021
Getty Images / Realtor.com A San Francisco mansion once owned by the star of “National Treasure,” Nicolas Cage , has found a buyer. The home had last been listed for $9.95 million, and is now in “pending sale” status, The Real Deal reported. The buyer also has an option to purchase an adjoining lot for an additional $3 million—which could push the final price upward.
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REM Online
DECEMBER 23, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Real estate as seen by youngsters in Royal LePage video. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Royal LePage’s Quebec region has produced a video in which children within its network were interviewed about their perception of the real estate industry – and Santa Claus
BubbleInfo
DECEMBER 23, 2021
Momentum going into 2022 is strong, given that the Over List percentage has gone up the last two months: NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% April: 55% May: 54% June: 59% July: 64% August: 55% September: 41% October: 45% November: 48% The higher-end market had some bounce-back too: Percentage Of Sales Over List Price by Price Range […].
Realtor.com
DECEMBER 23, 2021
Getty Images The numbers: U.S. new home sales jumped 12.4% to a seasonally-adjusted annual rate of 744,000 in November from a revised 662,000 in the prior month, the government reported Thursday. The revised October sales was the lowest since the worst period of the pandemic in April 2020. Despite the jump, the pace of sales was below expectations because of the sharp downward revision.
1000Watt
DECEMBER 23, 2021
No amount of targeted marketing or laser-focused advertising can ever control who responds, inquires or decides to work with any of us. In the end, people seem to come together in ways that may appear random, but are anything but. This is what I’ve been reflecting on as we close out the year. Business and life were especially full in 2021. At our last company standup of the year, we reminisced about projects, people and the things we were fortunate to create together. .
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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