Housing Wire
JULY 12, 2021
This is the first time I am writing about mortgage backed securities (MBS) because I hardly ever consider this aspect of the housing ecosystem in my work. But since now even Federal Reserve members are discussing the pros and cons of MBS, this is a good time to give you my take. The 10-year yield has been in a downtrend since 1981, and so have mortgage rates, so the MBS market hasn’t eve been a focus of mine.
Keeping Current Matters
JULY 12, 2021
While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your House Will Likely Sell Quickly. According to the most recent Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly.
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Housing Wire
JULY 12, 2021
Hispanic homeowners are more likely to have adult relatives currently living with them — and are more likely to have lived with relatives themselves, prior to buying their home. Per a recent Redfin study of 1,500 homeowners, 52% of current Hispanic homeowners have at some point lived with family or friends without paying rent to save money for future housing costs — against only 39% of Black homeowners and 38% of white homeowners.
Better Dwelling
JULY 12, 2021
Lumber prices are still crashing, marking the ninth consecutive week of declines. The cost of the commodity has seen more than a quarter of its value fall in the past month. Since the peak price reached just over two months ago, prices are now down by more than half. As much as they’ve fallen, experts […]. The post Lumber Is Still Crashing, and Has Now Wiped Out Almost All of 2021 Gains appeared first on Better Dwelling.
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Housing Wire
JULY 12, 2021
Venture capital-backed mortgage lender Better.com is going international. The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.
Brownstoner
JULY 12, 2021
An affordable housing lottery has opened for 127 units in a 39-story building at 41 Blue Slip in Greenpoint. The building, called Two Blue Slip, is part of the larger Greenpoint Landing development. It stands next to One Blue Slip, a 30-story residential tower that’s part of the same development, and… Read More > The post Affordable Housing Lottery Opens for 127 Units in Greenpoint, Starting at $2,370 a Month appeared first on Brownstoner.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Sotheby's International Real Estate
JULY 12, 2021
Is there any greater pleasure than having a perfect outdoor space at home? A patio for enjoying fresh air and unencumbered views is a true essential for luxury living—and the best outdoor spaces are complemented by convenient amenities. Whether lounging in the shade or entertaining over dinner, you’ll find plenty of summer design inspiration in these five remarkable patios.
BubbleInfo
JULY 12, 2021
Random thoughts: Having 130 NSDCC homes in June sell for $100,000+ over list price should be an all-time record. If we had half that many, it would be astonishing! But those were decisions made in April and May. It feels like the market is in the deceleration stage, where fewer homes are worthy of a bidding […].
The Mortgage Report
JULY 12, 2021
Should you buy a home right now? That depends on your budget, location, and financial plans. Learn about the pros and cons of buying a house right now.
RIS Media
JULY 12, 2021
Sharon Tay is pivoting to a real estate career, bringing her passion for architecture to the Beverly Hills office of Berkshire Hathaway HomeServices California Properties. “My transition into real estate comes from a need to satisfy a longtime love of homes and design while continuing to be of service to the public,” said Tay, who was a prime-time news anchor on CBS/KCAL for 13 years. “I’m a big believer that a home, no matter how big or small, serves as our sanctuary and
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.
Toronto Realty Blog
JULY 12, 2021
TorontoRealtyBlog. Don’t worry, I’m not going to start this blog with lyrics from “Changes” by David Bowie. I just like saying “ch-ch-ch-changes.” I still get goosebumps when I hear Bowie sing it. It reminds me of my childhood. Instead, I’m going to give you a different folksy intro today that better explains the topic at hand… Last week, my wife sent me a text message and said, “OMG I got a speeding ticket!
Realty Biz
JULY 12, 2021
Oregon has just made it illegal to include a so-called “buyer love letter” when submitting an offer on a home. The bill was signed into law by Oregon Governor Kate Brown last week. It states that seller’s agents must now reject any communications from home buyers to sellers that contain any information outside of the actual offer they are making. Oregon is the first U.S. state to ban buyer love letters in a real estate transaction.
RIS Media
JULY 12, 2021
(TNS)—Mortgage rates plumbed new depths in December and January, setting all-time lows south of 3%. Rates have mostly climbed since then, and their trajectory for the rest of 2021 depends on a factor that hasn’t played a prominent role in the mortgage market for decades—inflation. That’s according to Greg McBride, CFA, Bankrate chief financial analyst.
Brownstoner
JULY 12, 2021
The Center for Brooklyn History is gathering photographers to share their experiences and insights after a year of documenting the movement for racial justice. David Gonzalez, New York Times Lens Blog coeditor and Metro columnist, joins photographers Bob Gore, Madison Swart and Terrence Jennings, who all took up their cameras and… Read More > The post Join Photographers for a Conversation on Documenting Racial Justice Protests in Brooklyn appeared first on Brownstoner.
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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
JULY 12, 2021
You don’t necessarily have to possess a certain personality type, come from a particular background, or even have the same goals as the people around you to find success in real estate. It’s a profession in which many different kinds of people have found success. But despite their differences, successful real estate agents have often mastered similar skill sets that give them an advantage over their competitors.
BubbleInfo
JULY 12, 2021
As long as there are more pendings than actives, the market is doing just fine. Oh well – that was last week’s thought. As you can imagine, it’s the high-end market that is loaded with actives. This week an agent commented on what a delightful experience he had showing higher-end homes in Rancho Santa Fe, […].
RIS Media
JULY 12, 2021
If you feel marketing yourself isn’t your strongest skill set, don’t worry—you are not alone. If it makes you feel better, marketing isn’t the core of your job anyway; however, it is something you need to do to promote yourself, your business and your properties. Working with brokers and agents every day on this very topic, we at Amarki are always asked the same question: “Where do I start if I want to up my marketing game?
The Mortgage Report
JULY 12, 2021
Today’s mortgage and refinance rates Average mortgage rates inched higher last Friday. But that was the first rise in a week. And these rates remain exceptionally low by recent and […].
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
JULY 12, 2021
The Palm Beach Water Taxi is a great way to “sea the Palm Beaches from the water. The Singer Island sightseeing cruise is a narrated private charter. Palm Beach Water Taxi can be used as a shuttle as well. Take the taxi to great destinations located on the water around Palm Beach. The shade covered boat can accommodate up to 20 passengers and Corinthian Catamarans can accommodate up to 49 passengers on their catamarans to visit historic and beautiful Palm Beach.
First Team Real Estate
JULY 12, 2021
First Team/Christie’s International Real Estate Has Announced That Jeremy Lehman Will Join the Company As Its Newport Beach Office Manager. Previously recognized as one of Inman’s 100 Most Influential People in Real Estate , we are proud to announce Jeremy Lehman just joined our leadership team as the Branch Office Manager of our First Team/Christie’s International Newport Beach location.
Brownstoner
JULY 12, 2021
Brooklyn’s storied Giglio Feast made its triumphant return this week and on Sunday, July 11, locals took to the streets to celebrate the first “dancing of the Giglio.” The 12-day feast, officially known as the Feast of Our Lady of Mount Carmel after the eponymous church in Williamsburg, began on July… Read More > The post Revelers Dance in Streets for Return of Williamsburg’s Giglio Feast appeared first on Brownstoner.
First Team Real Estate
JULY 12, 2021
JoAn Hawley-Verstraete has been a part of the First Team family for 38 years, consistently ranking as a top agent within the company and our Huntington Beach – South Office. Combining forces with her daughter Kristina 7 years ago, the two make an unstoppable team. Trustworthy, hardworking, and 100% client-focused, this mother-daughter team has built a family business that stands the test of time.
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.
RIS Media
JULY 12, 2021
Flipping houses has become popular in recent years, thanks to TV shows highlighting dramatic transformations and large profits. Whether it is a handyman’s hobby or a contractor’s livelihood, there are many opportunities to make money through this process. However, while it’s definitely possible to earn some extra cash by buying a house, renovating it and selling it, it’s also possible to lose a bundle.
Brownstoner
JULY 12, 2021
In the News CDC Issues New School Guidance, With Emphasis on Full Reopening [NYT] Why the New York Subway Has a Water Problem [NYT] City Halts Plan to Move Homeless People From Hotels After Legal Filing [NYT] Street Redesign Brings Suit by Sunset Park Opponents [NYDN] The Surfside Condo Collapse and the BQE [NYDN] Brooklyn Italians… Read More > The post Daily Links: Renderings Show Affordable Housing Plans for East Flatbush Psychiatric Campus appeared first on Brownstoner.
RIS Media
JULY 12, 2021
Technology increasingly impacts life on most every level—especially for REALTORS® and their businesses. Even before 2020, proptech was seeing accelerated growth, and now, spurred by the pandemic, new and innovative tech tools are helping REALTORS® expand their businesses more effectively and efficiently. According to the National Association of REALTORS® (NAR), REALTORS® are connected on multiple technology platforms to perform their jobs.
REM Online
JULY 12, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Fear of multiple offers syndrome. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. How often have you heard this? “My clients like the property, but they don’t want to participate in multiple offers.
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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.
RIS Media
JULY 12, 2021
Propertybase Levels the Playing Field in a Competitive Market. On a mission to transcend the barriers between real estate and mortgage, Propertybase —a global real estate and mortgage software company—is working to bridge the gap among the various players involved in a real estate transaction in order to provide everyone involved, but especially consumers, a more streamlined experience.
Realtor.com
JULY 12, 2021
Mackenzie Collier Interiors/Houzz Getting organized isn’t just a spring-cleaning activity. In fact, the dead heat of summer is the perfect time to reevaluate the sporting and outdoor gear that’s clogging up your garage. Forging ahead in our “ Decluttering for Dummies ” series, we’re bringing you all the best advice from professional organizers around the country.
RIS Media
JULY 12, 2021
Sibcy Cline, an independent real estate broker in Greater Cincinnati and Dayton, Ohio, Northern Kentucky and Southeastern Indiana, is launching Sibcy Solutions, powered by zavvie. Sellers can compare and choose between an instant cash offer from an iBuyer, a modern bridge option or list their home on the open market to maximize their sales price and net proceeds.
REM Online
JULY 12, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Opinion: The real issues with housing affordability for seniors. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. According to Canada Mortgage and Housing Corp., one in four Canadians will be over the age of 55 within five years and many of them won’t have enough money to see t
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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