Fri.Jan 29, 2021

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Experts optimistic about home sales in 2021

Housing Wire

U.S. pending home sales dipped to the tune of 0.3% in December following a 2.6% drop in November , according to a report from the National Association of Realtors. It’s the fourth consecutive decline, but many housing industry observers see big potential for the year ahead. However, contract signings rose 21.4% from December 2019, with all regions (Northeast, Midwest, South, West) reaching double-digit year-over-year increases.

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Is Right Now the Right Time to Sell? [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition. With buyer demand rising and historically low inventory for sale, if you’re in a position to move, your house may really stand out from the crowd. Reach out to a local real estate professional today to get your listing process underway.

Sales 261
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Is 2021 a good time to sell your house?

Housing Wire

Last year, buyer demand increased due to record low mortgage rates. That said, because of those low mortgage rates, and fewer houses on the market, home prices went up. To put it simply, the last half of 2020 was a seller’s market. But will 2021 be the same? If you’re wondering whether it’s a good time to sell your house, keep reading. Here we break down the reasons why you should or shouldn’t sell in 2021: Should sell your house: Interest rates are low.

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6 Essential Tips for Homeowners From Angie’s List Co-Founder Angie Hicks

Realtor.com

Daisy-Daisy/Getty Images Thirty years ago, if you wanted to remodel your bathroom and you weren’t plugged in to your local network of contractors, well—you were stuck. Angie Hicks started her hugely popular ratings and review platform, Angie’s List, in 1995 after hearing about her co-founder’s frustrations with trying to find reliable contractors in suburban Columbus, OH.

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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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MERS eNotes increase 261% in December

Housing Wire

The use of eNotes registered on the Mortgage Electronic Registration Systems increased a full 261% year over year in December 2020. The MERS eNote eRegistry is managed by the Mortgage Industry Standards Maintenance Organization , a subsidiary of the Mortgage Bankers Association. It is used by lenders and market participants to track the control and ownership eNotes.

Lending 411

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Loan officers made insane money in Q4 2020

Housing Wire

Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years. Total funded loan volume by loan officers in Q4 2020 increased 106% from the fourth quarter of 2019, a data analysis by the software firm found.

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It’s Finally 2021, Make Your Home Feel New Again

Coldwell Banker

Tips to Create a Functional Space for Your Evolving Stay-At-Home Needs. The post It’s Finally 2021, Make Your Home Feel New Again appeared first on Coldwell Banker Blue Matter.

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Homepoint’s Maria Fregosi talks IPO

Housing Wire

Home Point Financial, the parent company of wholesale lender Homepoint , joined the growing ranks of nonbank mortgage lenders listed on the public markets. As HousingWire first reported Thursday night , the company plans to raise $94.25 million on the NASDAQ Stock Exchange in its debut. The IPO is a secondary offering, meaning the company itself isn’t selling shares and will not receive proceeds.

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Move in Next to Californication’s Hank Moody in This Industrial-Style Loft in Venice, CA

Fancy Pants Homes

If you’re a die-hard Californication fan with a sizable real estate budget, here’s one opportunity you won’t want to let go to waste: a loft has recently come to market right next to Hank Moody’s fictional home in the popular Showcase series. The modern loft with panoramic ocean views is set at 25 Brooks Ave in Venice, neighboring Hank Moody’s crib from the popular 7-season series (26 Brooks Ave served as filming location for the troubled novelist’s Los Angele

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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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HousingWire launches Spring Summit on March 4

Housing Wire

The volume of homes sold or refinanced in 2020 was incredible, with total origination volume expected to top $4 trillion for the year once all the numbers are in. Wanting to take advantage of record low mortgage rates to gain more space in a pandemic, consumers didn’t follow traditional seasonal buying patterns , fueling a non-stop race to find and buy a house.

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Navigating The Market As A First-Time Home Buyer 2021

Realty Biz

2021 has continued to be frustrating for first time home buyer in Massachusetts as well as many of the metro markets throughout the country. While some areas are shoeing signs of the market weakening popular metro areas are continuing along the same vein as 2020. So how do you navigate the real estate market as a first-time home buyer in 2021? What Is Driving The Market in 2021?

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Finance leader at Guaranteed Rate says “don’t fade the fed”

Housing Wire

Over the past six months, mergers and acquisitions, huge financing rounds and public offerings have dominated headlines across the real estate and housing finance sector. This level of action is keeping finance executives like Jeremy Collett , Executive Director, Capital Markets at Guaranteed Rate busier than ever. “This is such an interesting topic right now,” said Collett.

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This Time Capsule Home in Queens Has Been Royally Popular With Buyers

Realtor.com

Steven Sunshine This split-level home on 53rd Avenue in the Bayside area of Queens, NY, has only had one owner since it was built in 1953. Now pending sale after intense interest, it’s a throwback to a different era. The home, which landed on the market in mid-January for $1,098,888, is a colorful, well-preserved time capsule in an area in the midst of housing flux.

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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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HomeBridge’s Brian White on inclusivity in mortgage lending

Housing Wire

This HousingWire Daily interview features a crossover episode from HousingWire’s Housing News podcast , a show that highlights a new mortgage or real estate executive each week to add perspective to the top stories crossing HousingWire’s news desk. In this episode, HomeBridge Chief Diversity & Inclusion Officer Brian “Woody” White discusses what increasing diversity within the housing finance industry looks like on a practical level.

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Do I Need a Realtor to Sell My Home, Or Can I Handle It Alone?

HomeLight

In a world of self-starters and do-it-yourselfers , you may be curious about adopting a similar approach for your home, wondering: do I need a Realtor® to sell my house? . With a national average commission rate of 5.8%, the desire to cut out the middleman and march confidently towards the FSBO sale of your dreams is understandable. But the decision could also leave you stressed and frustrated, with pangs of regret that you’re underselling your home.

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Pending Home Sales Fall on the Month, but the Midwest Is Hit the Hardest

Realtor.com

Thomas De Wever/iStock The numbers: The index of pending home sales dropped 0.3% in December, marking the fourth consecutive month of declines, the National Association of Realtors said Friday. The index measures real-estate transactions in which a contract is signed, but the sale had not yet closed. Compared to 2019, pending sales were still up 21%, a sign of how strong the market is right now despite the recent weakness.

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Kakeibo: The Japanese art of spending wisely and mindfully

The American Genius for Real Estate

(EDITORIAL) If regardless of how much money you make, it seems like you're always short a buck, take a hard look at how you are spending. It could save you a lot. The post Kakeibo: The Japanese art of spending wisely and mindfully appeared first on The American Genius Real Estate.

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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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Luxury Real Estate Headlines: Final Week in January 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Boyne City, Michigan | Chris Etienne, Harbor Sotheby’s International Realty. This property on Lake Charlevoix was featured on an episode of ‘Epic Log Cabins’ on the Discovery Channel. It is listed for $4.97 million. A Lakeside Log Home in Michigan – The Wall Street Journal.

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Inherited a House and Want to Sell it? Follow These 10 Steps

HomeLight

The thought of inheriting a house always seemed like an exciting prospect — until this hypothetical became your reality. Maybe the house you inherited stirs unpleasant memories. Or perhaps you love the house, but you can’t afford to pay the outstanding mortgage. Whatever the reason, you want to sell that house you inherited ASAP. The process of selling an inherited home is complex, including an array of financial, legal, and market ramifications.

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Proptech: An Investment that Pays Dividends in Any Environment

App Folio

The way we live and work has dramatically changed within the past year, resulting in a host of new requirements for real estate operators that range from supporting work-from-home to implementing new marketing strategies. . Property management software has emerged as an invaluable resource that for many, has ensured both the continuation and optimization of property management operations.

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Direct Mail vs. Email: The Right Real Estate Marketing Tool for Local Campaigns

Agent Drive

Modern tech-savvy agents are always on the lookout for better ways to spend their marketing budgets. One of the areas that foster lots of discussion is which real estate marketing tool is better: email or direct mail? Both of them are a classic example of how digital and traditional marketing intertwine to work as part of […]. The post Direct Mail vs.

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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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Pending Home Sales Continue to Fall Amid Low Inventory and Higher Prices

Eye on Housing

After reaching a record high in August, pending home sales slid for the fourth consecutive month, as surging home prices and low inventory started to impede the housing market. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI fell 0.3% from 125.9 in November to.

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Will There Be a Wave of Foreclosures In 2021 for Southern California?

First Team Real Estate

Many people are wondering if 2021 will bring a wave of foreclosures in Southern California after the economic downturn caused by the Coronavirus. Currently, under the CARES (Coronavirus Relief and Economic Security) Act, homeowners have been provided foreclosure and eviction protections in 2020, which was extended through March 31st, 2021. Put in place back in March, direct mortgage servicers are required to halt all new foreclosures and suspend any that are in progress for FHA properties.

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Max Frenzy Conditions

BubbleInfo

Showings are already 20.2% higher than they were during the first week of January, which is double what they were last year. But the NSDCC listings in January are going to be at least 20% fewer, year-over-year. Last January we had 354 NSDCC listings, and today we have 239, month-to-date. We going to end up […].

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Judge OKs Release of Gowanus Rezoning Details But Public Review Still on Hold

Brownstoner

A Brooklyn Supreme Court judge partially lifted a temporary restraining order on the Gowanus rezoning Thursday, allowing the city to release the application and full details of the project — although the city is still temporarily barred from starting the clock on the plan’s lengthy Uniform Land Use Review Procedure.… Read More > The post Judge OKs Release of Gowanus Rezoning Details But Public Review Still on Hold appeared first on Brownstoner.

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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.