Housing Wire
JUNE 18, 2021
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. That number is down from 4.8%, or one in every 21 home sales in the nation during the fourth quarter of 2020.
Keeping Current Matters
JUNE 18, 2021
Some Highlights. When you rent , you build your landlord’s wealth, your monthly payment depends on ever-rising rents , and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth , your monthly payment is locked in , and you benefit directly from home price appreciation. If you’re feeling the challenges of a competitive market , remember that homeownership is a long-term game.
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Housing Wire
JUNE 18, 2021
The housing market is no stranger to supply constraints. A toxic combination of wildly inflated lumber prices , a lack of new and existing homes , and the sheer number of borrowers willing to pay tens of thousands of dollars over ask on homes they’ve never seen in person, has created a pandemic-driven problem that the industry can’t quite shake.
Better Dwelling
JUNE 18, 2021
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.” In a paper titled Housing Bubble Contagion From City Centre To Suburbs, three Taiwan-based researchers argue bubbles spread outwards. Bubbles force investors and developers to look for […].
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling
Housing Wire
JUNE 18, 2021
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. HousingWire recently spoke with Raj Dosaj, head of real estate at CAPE Analytics, about how CAPE Analytics is providing this data and working with investors to grow their business.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 18, 2021
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. Homeowners, renters, borrowers, lenders and mortgage servicers had one less thing to worry about as they absorbed the implications of pandemic-sparked forbearance rules and other regulatory shelters: realigned NYDFS operations were already in synch with the servicers that
Sotheby's International Real Estate
JUNE 18, 2021
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Otago, New Zealand | Matt Finnigan, New Zealand Sotheby’s International Realty . The Otago region in South Island has always been popular with tourists for its viniculture—but the region’s resort towns such as Queenstown and Wanaka have recently seen a growth increase of 58.8 per cent in its property market as well, says Fahmi.
Realtor.com
JUNE 18, 2021
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. But what happens if you, the buyer, are working with a real estate agent—does that mean FSBO homes are off limits?
HomeLight
JUNE 18, 2021
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. That means that in order to buy an average size house, you’d have to save $76,780 for a 20% down payment. That’s a lot of money!
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
The Mortgage Report
JUNE 18, 2021
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 […].
Toronto Realty Blog
JUNE 18, 2021
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?” My daughter wants to know. One thing I’ve learned over the years is that artwork is very, very personal.
The Mortgage Report
JUNE 18, 2021
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.
Miller Samuel INC
JUNE 18, 2021
[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 ®. Now in its 10th year, this signature thought leadership initiative identifies the current and emerging issues expected to have the most significant impact on all sectors of real estate.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
BubbleInfo
JUNE 18, 2021
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. Over the last 30 years, Carlsbad, this sleepy little beach town and agricultural community located 35 miles north of San Diego, has exploded […].
HomeLight
JUNE 18, 2021
During the excitement of searching for a home and getting preapproved for a loan , closing costs may get overlooked. Many buyers tend to budget for their monthly mortgage payment and their down payment , but closing costs need to be considered in the equation as well. Can you still afford the home of your dreams when you account for closing costs? We’re going to find out.
American Lifestyle
JUNE 18, 2021
The post Common Homebuying and Selling Faux Pas to Avoid appeared first on American Lifestyle Magazine.
Miller Samuel INC
JUNE 18, 2021
I had a fun conversation with Faith Jessie, journalist and anchor at Newsday, Maura McDermott, the real estate writer at Newsday, and Monica Balsan at Daniel Gale Sotheby's International Realty. My housing data came from our Elliman Report: Long Island Sales series I author for Douglas Elliman. The interview was placed on Newsday's home page, which was pretty cool.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
RIS Media
JUNE 18, 2021
The post Alternative Uses for Your Garage appeared first on RISMedia.
Waterfront Properties
JUNE 18, 2021
Bring out to outdoor yard games, pool toys, and stock up on your cookout supplies because the official start of summer is just a few days away. Thought the weather around the country have been seems to already break into the summer temperatures for a few weeks now, the official start of the summer season is this Sunday, June 20th. The first day of summer is determined by the tilt of the earth’s axis as it rotates around the sun. on this day, the North Pole is the closest to the sun and the nort
The Mortgage Report
JUNE 18, 2021
Learn about current USDA eligibility requirements and income limits to qualify for a zero-down USDA mortgage.
Brownstoner
JUNE 18, 2021
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. In South Slope, this late 19th… Read More > The post A Prospect Park South Standalone With Garage and Three More to See, Starting at $2.495 Million appeared first on Brownstoner.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
First Team Real Estate
JUNE 18, 2021
California – and the entire nation – is in the midst of a housing crisis, putting a strain on potential homebuyers as they fight for limited inventory on the real estate market. According to data from Trendgraphix, inventory across Southern California dropped 72.8% year-over-year in May 2021, with only 0.8 months of inventory. For reference, in a neutral or balanced real estate market, there is usually 3 – 6 months of inventory.
American Lifestyle
JUNE 18, 2021
The post Sweet Potato Sponge Cake appeared first on American Lifestyle Magazine.
Brownstoner
JUNE 18, 2021
A tree-sheltered walkway in Prospect Park with benches newly emblazoned with the colors of the Pan-African flag was officially unveiled on Friday as "Juneteenth Way" in a celebration of the national holiday. The unveiling celebration by the Prospect Park Alliance also marked the start of a long-planned restoration of the… Read More > The post ‘Juneteenth Way’ Unveiled in Prospect Park as Restoration of Lefferts Historic House Kicks-Off appeared first on Brownstoner.
Waterfront Properties
JUNE 18, 2021
A Jupiter based nonprofit dedicated to supporting and improving the lives of people with cystic fibrosis Piper’s Angels Foundation for Cystic Fibrosis will host its signature event, The Crossing for Cystic Fibrosis, on Sunday, June 27, 2021. The foundation hopes to bring awareness, knowledge, understanding and funds for research. This will be the fifth annual fundraiser with over 150 paddlers expected to paddle 80 miles from Bimini, Bahamas to Lake Worth Beach.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Brownstoner
JUNE 18, 2021
The city will begin work on the hotly anticipated Brooklyn Bridge bike lane next week, with construction closing the left lane of the Manhattan-bound roadway -- and the cycling path is slated for completion next fall. “When that lane opens up it will be brand new, it will be for… Read More > The post City Will Start Construction on New Brooklyn Bridge Bike Monday, June 21 appeared first on Brownstoner.
Waterfront Properties
JUNE 18, 2021
As a part of the most recent installment of the Art in Public Places initiative sculptures by renowned Wellington artist Colbert C. Collins will soon be on display in various locations in the Village of Wellington. Collins’ bronzes reflect an inner vision that life is “a discovery of the inherent design and relationship between all things.” His pieces illustrate a fascination with movement and the significant bonds between people.
RIS Media
JUNE 18, 2021
The post Kid-Friendly Snack Ideas appeared first on RISMedia.
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