Tue.Nov 03, 2020

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Home prices jump 6.7% in September, but are expected to moderate

Housing Wire

Despite home prices rising 6.7% year over year in September, CoreLogic’s Home Price Index Forecast (HPI) estimates home prices will moderate next year, increasing 0.2% nationally by September 2021 as higher prices erode affordability. Home purchase demand managed to maintain pace through the summer, and now through the fall, as record low mortgage rates continued to encourage new borrowers to enter the market.

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Rent vs. Buy: How to Decide What’s Best for You

Keeping Current Matters

According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates , there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me to buy?

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Speed up the closing process with industry-leading solutions

Housing Wire

The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic. Lenders have seen it all this year: high volumes, volatility, market uncertainty… the list goes on and on. Amid evolving market conditions, today’s mortgage lenders continue to seek new and innovative ways to leverage advanced automation—the great accelerator.

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Let It Shine

Coldwell Banker

Here are a few ways to think creatively about indoor lighting to liven up your home during the long winter ahead. The post Let It Shine appeared first on Coldwell Banker Blue Matter.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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How the National Flood Insurance Program’s recent extension provides stability for the housing market

Housing Wire

The National Flood Insurance Program’s authority to issue policies was recently extended for a full year, until September 30, 2021. This is the 16th short-term extension of the NFIP since Congress reauthorized the program in 2012 and extended it in 2017, and the one-year extension is the longest of those extensions. The NFIP provides stability for the housing market.

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Greater Vancouver Detached Home Prices Jump, While Condos Stall

Better Dwelling

Greater Vancouver’s real estate market is on fire… or ice cold, depending on what you’re selling. Real Estate Board of Greater Vancouver (REBGV) data shows composite prices pushed higher in October. Further inspection shows two very different markets. Detached homes are scarce for the level of activity, while condo sellers are flooding the market.

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New Simulation Course Aims to Show the Impact of Housing Bias

RIS Media

REALTOR® Sandra A. Butler has watched the national discourse on race in recent months spark positive discussions among her peers about the role they can play in protecting consumers from fair housing violations. “With everything that has happened in this country, it seems like it’s taken a totally different focus since George Floyd was killed,” Butler says, referencing Floyd’s death in Minneapolis. “It’s more apparent and more urgent since all of the racial un

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Should you offer above asking price on a house? How much is reasonable?

The Mortgage Report

In today's market, it's common for buyers to offer above the asking price on a home. But how much over asking price is too much? Find out here.

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Leave Open Enrollment Stress Behind

RIS Media

NAR PULSE—Enrolling In a 2021 ACA qualified major medical plan is easy with the personal assistance available to all National Association of REALTORS® (NAR) members through REALTORS® Insurance Place , offering insurance and coverage solutions under the REALTOR Benefits® Program. Realty Executives Partners With RPR® to Expand Local Market Knowledge Across the U.S.

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Too Early for Christmas? No Way! 4 Tasteful Ways To Decorate Your Front Door Right Now

Realtor.com

Kristen Prahl/Getty Images How early is too early to decorate for the holidays? In any other year, Christmas decor tends to go up right around the end of Thanksgiving. But this is 2020, and we’ve all been looking for ways to bring some happiness to our lives amid the coronavirus pandemic and a contentious political season. So for some people, this means decking the halls early—like, way early.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Mortgage and refinance rates today, November 3, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. In recent months, that’s been the most common sentence beginning these updates. And conventional loans today start at 3.188% […].

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Brooklyn Election Day Polls Mostly Orderly, Lines Short, Despite Threats in South Slope

Brownstoner

Election Day has finally arrived and Brooklynites are heading to the polls to do their civic duty. In an unprecedented election year due to the COVID-19 outbreak, voters cast their ballots en masse via mail-in or early vote in the days and weeks leading up to Tuesday, with more votes cast… Read More > The post Brooklyn Election Day Polls Mostly Orderly, Lines Short, Despite Threats in South Slope appeared first on Brownstoner.

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Light-Filled Hobbit Home in Tennessee Offers Plenty of Privacy and Security

Realtor.com

Tony Alcott II Despite the dirt overhead, an underground home in Tennessee still offers plenty of light. For a buyer in search of something different, it’s on the market for $425,000. “I remember when I pulled into the driveway there, and I was like, ‘What in the world?’” says the listing agent, Tony Alcott II. “It turned out, it’s a really nice house.

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Clean Sale, Clean Slate: 5 Things Cleaning Services Do To Help You Sell

Realty Biz

Image source. One of the things that a buyer considers in buying a house is the cleanliness of the house. When looking at the home, the buyer is already making a mental list of comments regarding the house’s status or condition. And the first thing that turns the buyer on in purchasing a house is not mainly the appliances or its interior design; it is its perfect cleanliness.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Inside a Wine Country Equestrian Estate

Sotheby's International Real Estate

Sonoma may be best known for its production of exceptional wine and its array of superior restaurants, but its architecture and singular style—which marry indoor-outdoor living, rustic materials, soothing palettes, relaxed but chic furnishings, and plentiful light—are equally loved and emulated. The residence at the heart of Sutton Place Farm, a 9.15-acre wine country idyll located on one of Sonoma’s premier thoroughfares, is a paradigm of that distinctive and desirable aesthetic.

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Public Guided Tours Everyday At The Loggerhead Marinelife Center

Waterfront Properties

The Loggerhead Marinelife Center in Juno Beach hosts their popular Public Guided Tours everyday for visitors to get an up-close look at the sea turtle rehabilitation and research center. Visitors will learn about each sea turtle patient housed there during the tours and the Loggerhead Marinelife Staff will be there to answer all of your questions about sea turtles, the ocean, the center itself, and marine life.

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‘Love It or List It’ Reveals One Renovation Rule To Never, Ever Ignore

Realtor.com

HGTV Hilary Farr and David Visentin of “Love It or List It” help homeowners at a classic crossroads: Should they stay in their current home, or sell and move on? In either case, renovations can be a smart idea since they make a home more comfortable and more valuable. Still, in the latest episode, Farr must work hard to get her homeowners to respect a cardinal renovation rule: Always renovate with the next buyer in mind.

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15 Questions to Ask Your Listing Agent to Optimize Your Home’s Market Value

First Team Real Estate

Before you hire your next real estate agent to sell your home, asking the right questions is critical. The real estate market is constantly changing , so if you are going to get top-dollar for your home in any market, you need a professional who is ready to tackle these tough questions and provide some quality answers. A great real estate professional who will earn their commission and get you more money on your next home sale can be very hard to find, so we suggest using these hardball question

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Covid-19 Sales Predictions

BubbleInfo

In April, I thought we would see a big cooldown in October fueled by uncertainty leading into Election Day. Instead, we had the most NSDCC closings as we’ve had in any month this year (374 so far), and we have almost as many pending listings as active (541/470)! The post-election relief should add to the […]. The post Covid-19 Sales Predictions appeared first on bubbleinfo.com.

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7 Questions to Ask Yourself Before Refinancing Your Mortgage

Point2Homes

Image: Rawpixel.com / Shutterstock.com. Many homeowners are talking about refinancing their mortgages at the moment. With interest rates at a historical low, and many feeling the financial pinch, that’s understandable. But, before you jump into refinancing your mortgage, it’s important to know what it involves and what the potential consequences are.

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Clinton Hill Co-op With Two Bedrooms, Sleek Bath, Five Closets Asks $695K

Brownstoner

Located in a World War II-era housing complex designed to solve a housing shortage for Navy officers and enlisted men, this Clinton Hill co-op has gotten some updates for modern living since construction. This includes creating a second bedroom in what was once a dining nook and renovating the kitchen… Read More > The post Clinton Hill Co-op With Two Bedrooms, Sleek Bath, Five Closets Asks $695K appeared first on Brownstoner.

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Canadian Households With Budget Shortfalls Have 8 Weeks of Funds Left: TransUnion

Better Dwelling

Canadian consumers are running out of cash, according to a Big Three credit agency. TransUnion’s latest household survey on October 4th, shows a rise in consumers who are seeing the shortfall to cover bills. The gap between what they can pay and payment obligations, is now surging higher. Despite the bad news, consumers now have […]. The post Canadian Households With Budget Shortfalls Have 8 Weeks of Funds Left: TransUnion appeared first on Better Dwelling.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Brooklyn Real Estate Six Months Later: One Sold, One in Contract, One Still Available, One Off Market

Brownstoner

On this election day, we’re back to take a look at four of our featured listings from six months ago, featuring homes in Cobble Hill, Prospect Heights, Park Slope and Brooklyn Heights. How did they fare? First, we have this one-bedroom apartment in the Cobble Hill Towers, the 1870s red-brick buildings… Read More > The post Brooklyn Real Estate Six Months Later: One Sold, One in Contract, One Still Available, One Off Market appeared first on Brownstoner.

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How To Be Successful In The Real Estate Industry

Real Trends

Investing in the real estate industry can bring many benefits. This endeavor can provide steady income, long-term financial stability, and even tax benefits. Diving into this industry can also become your ticket to becoming your own boss as you can turn your properties into a business.

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Kyle Korver Shoots for a Sale of His $4M Modern Home in Santa Barbara

Realtor.com

realtor.com, Jason Miller/Getty Images Milwaukee Bucks forward Kyle Korver is looking to pass his Santa Barbara, CA, home to a new owner for $3,995,000. The SoCal native purchased the retreat in 2012 for $1.5 million. The “incredibly renovated” hillside home has four bedrooms, 3.5 bathrooms, and 3,960 square feet of living space. The contemporary home features muted tones of gray and beige.

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Connecting With Clients in Innovative Ways

RIS Media

Homes.com helps North Carolina broker expand his business. An Army veteran and current broker at Wilkinson ERA in Charlotte, N.C., Blake Smith has carved out a career for himself by supporting his local community and seeking innovative ways to connect with potential clients. Smith first heard about Homes.com’s extensive suite of product offerings just last year.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Juno Beachs Seminole Ranked Among Best Courses in the World | Golf Digest

Waterfront Properties

The distinguished Top 100 Courses list, released annually by Golf Digest, recently revealed that Juno Beachs Seminole was ranked as the 34th best golf course in the world. The world was able to see the unqiue beauty and distinct dynamic of Seminole this past summer during a Covid-19 relief match featuring Palm Beach County residents Rory McIlroy, Rickie Fowler and Dustin Johnson.

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Modern Real Estate Team’s Pumpkins for Shelter raises $4,000 in Victoria

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Modern Real Estate Team’s Pumpkins for Shelter raises $4,000 in Victoria. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The Modern Real Estate Team with Royal LePage Coast Capital Realty in Victoria recently raised $4,021 for the Royal LePage Shelter Foundation.

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Dayton’s Eugene Pridgett Affiliates With CENTURY 21 Real Estate

RIS Media

Eugene Pridgett recently announced that after 10 years of helping Greater Dayton area homebuyers, home sellers and investors as The Gene Group, he has chosen to affiliate with CENTURY 21 and do business as CENTURY 21 The Gene Group. “The client-centric approach we’ve taken over the last decade aligns perfectly with the culture at Century 21 Real Estate and its mission to elevate every touchpoint along the real estate journey for its affiliated network of brokers and agents and their

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3 Foolproof Team Models for 2020: Hiring, Splits, Lead Gen + More

The Close

Dawn McKenna Group, Naples, Florida. In my 26-year real estate career, I have built two million-dollar real estate teams and I have coached a few of the most successful teams in the nation. So I am a firm believer in the value of teams for building long-term success and wealth. The only problem is figuring out which real estate team structure will maximize your chances of thriving—or even surviving—in 2020.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.