Fri.Jun 18, 2021

House flipping hits lowest level since 2000

Housing Wire

Only 2.7% of all home sales in the first quarter of 2021 were flips — or one in 37 transactions, the lowest level since 2000. Per a report from ATTOM , a national property database, 32,526 single-family homes and condominiums in the U.S. were flipped in the first quarter.

Q1 2021 HBGI: Home Building and Commuting

Eyes on Housing

In addition to its analysis on areas with the longest commuting times, the Q1 2021 Home Building Geography Index (HBGI) features two other Commute-to-Work data series: counties with top shares of bicycle commuters (i.e., greater than or equal to 0.5

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Doug Duncan and the housing market’s supply conundrum

Housing Wire

The housing market is no stranger to supply constraints.

Common Homebuying and Selling Faux Pas to Avoid

American Lifestyle

The post Common Homebuying and Selling Faux Pas to Avoid appeared first on American Lifestyle Magazine. Buying & Selling Your First House Financial Home Buying Home Loan Investment Loan Mortgage Open House Real Estate Real Estate Agent Real Estate Questions Savings

Loans 87

Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.

Juneteenth holiday sparks chaos for lenders, LOs

Housing Wire

This article first appeared in the June 18th newsletter Lending Life. Sign up here to receive each weekday. On Thursday, President Joe Biden signed a bill into law, declaring June 19th, or Juneteenth, a federal holiday.

More Trending

Accurate property condition data is more important than ever – Here’s why

Housing Wire

The waning pandemic in the U.S. is opening substantial opportunities across many housing sub-markets. All of these markets benefit from an accurate understanding of valuation and property characteristics, but the data sources that power them leave out a crucial component: property condition.

Don't Miss the Unveiling of the 2021-22 Top Ten Issues Affecting Real Estate® 6-23

Miller Samuel

[click image for free registration]. I'm a Counselor of Real Estate (CRE) and wanted to share this. Join The Counselors of Real Estate on June 23 for the unveiling of the 2021-22 Top Ten Issues Affecting Real Estate ®.

With a reinvigorated CFPB, what’s next for the NYDFS?

Housing Wire

Through a stroke of lucky timing, the New York Department of Financial Services (NYDFS) had gained traction with a reorganized and strengthened consumer advocacy mission just before the COVID-19 pandemic erupted in early 2020.

5 of the Most Searched Outdoor Decor Trends of Summer 2021

Realtor.com

Living Spaces Even with the outside world opening back up, many of us have found new comfort in staying at home.

Design 109

The Canadian Property Bubble Reaches Contagion, Making A Financial Crisis Likely

Better Dwelling

Prices just outside of frothy Canadian real estate markets are growing much faster than in the city. That’s typical of a bubble, and it’s called “housing bubble contagion.”

Title 103

USDA eligibility and income limits: 2021 USDA mortgage

The Mortgage Report

Learn about current USDA eligibility requirements and income limits to qualify for a zero-down USDA mortgage. USDA Loans Housing Mortgage mortgage rates Real Estate USDA

What agents and their buyers need to know about escalation clauses

Inman

An escalation clause can help buyers gain a crucial edge in today's seller's market, but these offer addendums need to be handled with care.

Agents 101

Can You Buy a FSBO Home With a Real Estate Agent?

Realtor.com

Getty Images When you’re shopping for a home, you might encounter certain homes listed as FSBO. Short for “for sale by owner,” these are properties that homeowners are selling on their own, typically to save money that traditionally goes toward a real estate agent’s commission.

Real (Estate) Talk: What one realty firm is doing to boost Black homeownership

Inman

This year, the federal government has taken steps to recommit to fair housing, but what can be done locally? Here's what this Wisconsin firm is doing to help would-be homebuyers overcome barriers to homeownership.

First-time home buyer loans: Low or no money down (Podcast)

The Mortgage Report

This podcast covers low- and zero-down first-time home buyer loans. Get advice for home buying and paying closing costs with very little out of pocket. First-Time Home Buyers Mortgage Products Mortgage Strategy

Ahead of Juneteenth, Atlanta Realtors Association apologizes for history of discrimination

Inman

The Atlanta Realtors Association issued the first apology in its 111-year history to members and the communities they serve for its history of discriminatory practices while making a commitment to supporting an inclusive community in the future.

Mortgage and refinance rates today, June 18, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose again yesterday and by a surprisingly appreciable amount. By recent standards, those rates are now high. So don’t believe Freddie Mac’s […]. Mortgage Rates Now

The Real Word: Why are there discrepancies in appraisals?

Inman

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. In this edition of The Real Word, they'll invite Warren Sumner to discuss the appraisal process, plus Dave Ramsey vs. eXp, and a property website that was awarded a Webby honor.

What’s The Average Cost to Build a 1500 Square Foot House?

HomeLight

We know buying a house is a huge investment that requires careful consideration, planning, and saving. According to the United States Census Bureau , the average-sized home in 2019 was 2,509 square feet and the average cost was $383,900.

Land 60

More MLS Musings: Artwork Edition!

Toronto Realty Blog

TorontoRealtyBlog. Would you consider a statue of a dog to be “artwork?” ” My dad and my step-mom have this porcelain dalmatian that’s so life-like, my 16-month-old son tried to feed it a cracker last weekend. Is that statue considered “art?”

MLS 60

Real Living Launches Diversity Award, Announces First Recipient

RIS Media

Real Living Real Estate recently announced that Jordan Baris, REALTORS® Real Living has been named the first recipient of the Real Living Jordan Baris Award for Diversity and Inclusion, which recognizes significant achievements made by Real Living Real Estate franchisees toward developing a more diverse, equitable and inclusive organization.

A Prospect Park South Standalone With Garage and Three More to See, Starting at $2.495 Million

Brownstoner

Our picks for open houses to check out this weekend all happen to date from the turn of the last century. Found in Park Slope, Prospect Park South, Prospect Lefferts Gardens and Bed Stuy, they range in price from $2.495 million to $3.2 million.

Disruptor Roundup: Knocking Down the Seller Contingency Wall

RIS Media

Editor’s Note: The Disruptor Roundup analyzes companies implementing unconventional models. It’s safe to say that in today’s competitive real estate market, any added contingencies signal risk.

Loans 56

With a Cherry on Top!

The Living Room

My buyers just scored an adorable bungalow in Montavilla! This gem boasts a light and bright interior, open concept living, and a basement with loads of potential. The spacious, fenced back yard even sports a cherry tree! How sweet is that?! The post With a Cherry on Top!

56

Alternative Uses for Your Garage

RIS Media

The post Alternative Uses for Your Garage appeared first on RISMedia. social-share-videos

56

An Encore

The Living Room

After my client broke the highest sales record in Concordia just a month ago, we followed up that statistical win with the second of the two homes. Sitting right off Fernhill Park, 5908 NE 37th, with its detached ADU, didn’t disappoint.

Sales 56

Kid-Friendly Snack Ideas

RIS Media

The post Kid-Friendly Snack Ideas appeared first on RISMedia. social-share-videos

56

Success in NW!

The Living Room

Congratulations JJ and Val! We have known one another a long time and this sale takes the cake! 1,400,000, no repairs and a gracious rent back! I am so happy for you and so proud that your efforts in remodeling your home were rewarded with an offer $100,000 over asking!

Carlsbad Golf

BubbleInfo

It’s golf week! CARLSBAD, Calif. – It’s been dubbed the Silicon Valley of golf and compared to Detroit for the auto industry or to Akron, Ohio, the rubber capital of the world.