Housing Wire
JANUARY 26, 2021
Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., as prices in November rose 9.5% nationally over the same time last year, according to the S&P CoreLogic Case-Shiller index. November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% gains seen in October.
Keeping Current Matters
JANUARY 26, 2021
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection , which assesses the condition of the home before you finalize the transaction.
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Housing Wire
JANUARY 26, 2021
Early COVID housing policy helped servicers care for homeowners in these first nine months of the pandemic with fast forbearances and smart deferrals. Now let’s preview how this will play out for servicers, homeowners and the housing economy in 2021. We’ll begin with the top three ways homeowners are exiting forbearance so far. Top three ways homeowners are exiting forbearance.
Homes.com
JANUARY 26, 2021
Short sales can save homebuyers money, but are often complex processes requiring patience and expert guidance. Follow these insights to get started! The post The Basics of Short Sales for Buyers and Sellers appeared first on Homes.com.
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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.
Housing Wire
JANUARY 26, 2021
PennyMac Mortgage Investment Trust announced that company founder and Non-Executive Chairman Stanford Kurland died at age 68 due to complications from COVID-19. Kurland had also been battling brain cancer. The company and industry leaders alike mourned his passing, calling him an “esteemed industry leader, visionary and friend.”. “I am deeply saddened to share the news of Stan’s passing,” PMT President and CEO David Spector said.
Better Dwelling
JANUARY 26, 2021
One of Canada’s Big Six banks thinks it cracked the real estate price situation. BMO’s chief economist, Douglas Porter, wrote a recent analysis on the gap between Canadian and US home prices. As recently as 2017, he maintained many markets were in a bubble. However, he’s come to embrace the lack of affordability. The noted […].
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
JANUARY 26, 2021
According to NAHB’s latest Housing Trends Report (HTR), the share of Americans who are considering the purchase of a home in the next 12 months was 15% in the fourth quarter of 2020, four percentage points higher than a year earlier and the largest year-over-year gain in the 3+year history of this series. The gain shows the COVID-19 pandemic continues.
Realtor.com
JANUARY 26, 2021
Albina Gavrilovic / Getty Images During winter, when temperatures drop, we all want to keep our homes feeling (and looking) as cozy and comfortable as can be—and that’s easily done if you layer in the right fabrics like mohair, boucle, and chenille. “Soft textiles like these are obviously cozy, but they also provide a luxurious look that makes spaces feel timeless,” says Barbara Karpf , founder of DecoratorsBest.
Eye on Housing
JANUARY 26, 2021
In November, national home prices continued to rise at a fast pace, fueled by strong demand and low inventory. All 19 major markets saw double-digit growths in home prices. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 18.3% in November, following a 21.9% increase.
Waterfront Properties
JANUARY 26, 2021
The dining industry is continuing to grow in Palm Beach County. Everyday, several new restaurants, cafes, and bars are opening to the public for business. Here is a glimpse of restaurants that have recently opened or are planning to open in the upcoming weeks. Northern Palm Beach County Andalucia Tapas Bar: Now open in Tequesta Duke’s Tacos and Margs: Now open in Jupiter’s Downtown Abacoa Charlie and Joe’s at Love Street: Planning to open mid-February in the Jupiter Inlet District Portofino Bist
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.
Realtor.com
JANUARY 26, 2021
Isa Foltin/WireImage The actress Sandra Bullock has sold two beach houses on Georgia’s Tybee Island. The combined purchase price of the properties totaled $4,175,000. Rachel Umbreit and Ruthie Lynah-Whitlow of Celia Dunn Sotheby’s International Realty represented the seller. She purchased the island compound in 2001, for just under $1.5 million. Her investment had already paid off.
RIS Media
JANUARY 26, 2021
(TNS)—If this week is when you get a real dose of the white stuff and have to navigate slick spots on the road and the pavement, here’s a refresher on how to make sure you and your loved ones get through it unscathed by weather-related injuries while shoveling and walking on ice. Dr. Sandra Hunter, a professor of exercise science and director of the Athletic and Human Performance Research Center at Marquette University in Milwaukee, offered tips on how to reduce the possibility of hurting
Waterfront Properties
JANUARY 26, 2021
Florida is known to be the “Golf Capital” of the world with over 1,400 beautiful and prestigious golf courses and growing in the state. Palm Beach County is known to have the most golf courses in the state of Florida. The county is home to over 160 golf courses both public and private and is home to some of the most famous golf courses in the world.
RIS Media
JANUARY 26, 2021
This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. While many careers force women to choose between working in a caring capacity and creating a solid financial future, real estate is broad enough that you can find roles encompassing both goals. There are specific ways these elements work together to make real estate one of the best careers for women who prioritize meaning and well-being in their jobs. 1.
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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.
Brownstoner
JANUARY 26, 2021
Though there’s some faint optimism as COVID-19 cases begin flattening out in New York City following a post-holiday surge, the virus continues to kill dozens of New Yorkers each day — particularly in Brooklyn and Queens, which make up a disproportionate share of COVID deaths in the five boroughs. Over… Read More > The post In One Week, Brooklyn and Queens Had Two-Thirds of City’s COVID Deaths appeared first on Brownstoner.
The American Genius for Real Estate
JANUARY 26, 2021
(OPINION / EDITORIAL) Big companies are throwing their cash behind the home gym long game. It’s the right idea, if you look at the big picture of the future. The post If you haven’t yet, it’s time to hunker down with your home gym appeared first on The American Genius Real Estate.
RIS Media
JANUARY 26, 2021
This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. HSA SM Home Warranty connects the needs of customers and changing marketplace expectations. Engel. As president and COO of Howard Hanna Insurance Services, Inc., and chief legal officer of Hanna Holdings, Inc., Annie Hanna Engel is part of her family’s long-time real estate business. “I’m a lawyer, but I had a broker’s license before I took
Realty Biz
JANUARY 26, 2021
Big cities have seen an exodus over the last year as people flee their cramped urban apartments in search of bigger suburban and rural dwellings due to the COVID-19 pandemic. That has led to a decline in rental prices in most major urban areas, and now experts say the cheaper prices could sway some people to return to the city. Realtor.com last week reported that major urban markets such as San Francisco and New York City are posting double-digit declines in rents for one-bedroom and two-bedroom
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.
GeekEstate
JANUARY 26, 2021
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: RentZap.]. A lister of rental homes in the Phoenix area, RentZap enables home seekers to view professionally verified homes with on-demand showings available 7:30am to 6:30pm, any day of the week, accessed by answering a few questions and sending a photo ID.
RIS Media
JANUARY 26, 2021
For the sixth consecutive year, Weichert Real Estate Affiliates, Inc. has been named one of the top franchises in the country by Franchise Business Review in its “2021 Top 200 Best Franchises” list. The annual list is based on franchise owners’ satisfaction with their franchisor. Franchise Business Review selected this year’s list of award winners based on surveys results from over 28,000 franchise owners across more than 300 brands.
Realtor.com
JANUARY 26, 2021
dszc / iStock The numbers: Home prices rocketed at a fast pace yet again in November, according to two separate indices released Tuesday, making it increasingly more difficult for buyers to navigate the housing market as many states began reopening businesses from shutdowns related to the coronavirus pandemic. Recent data suggest price appreciation should gain steam in the latter half of the year.
Sotheby's International Real Estate
JANUARY 26, 2021
After spending some 16 years with the inimitable Parish-Hadley design firm, David Kleinberg branched out to establish his own company, now recognized internationally for superior architectural renovation and interior design. Kleinberg brought his sense of sophistication and discernment to the custom-curated and carefully rejuvenated interiors of this magnificent residence, soaring 10 floors above Park Avenue in a building designed by one of the city’s preeminent Prewar architects.
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
JANUARY 26, 2021
NAR PULSE—Promote fairness, equal opportunity and integrity in real estate when you utilize Fairhaven, the National Association of REALTORS® fair housing training simulation for REALTORS® that uses the power of storytelling to help members identify, prevent and address discriminatory practices in real estate. Visit Fairhaven.realtor and share with your team!
Lab Coat Agents
JANUARY 26, 2021
Thomas Edison said, “Good fortune is what happens when opportunity meets with planning, ”Louis Pasteur said, “Chance favors the prepared mind” and Zig Ziglar said “Unless you have a. definite, precise, clearly set of goals, you are not going to realize the maximum potential that. lies within you.”. My team and I have been doing business planning for years and my husband, family and I. have been doing life planning even longer.
RIS Media
JANUARY 26, 2021
As part of its ongoing commitment to supporting the altruistic efforts of America’s 1.4 million REALTORS®, the National Association of REALTORS® (NAR) recently announced that it has begun accepting applications for the 2021 Good Neighbor Awards. The program was created to recognize REALTORS® who have made an extraordinary impact in their communities through volunteer service.
Brownstoner
JANUARY 26, 2021
In the News A Monument Honoring Brooklyn Abolitionists Stalls Under Scrutiny [NYT] Man Busted for Storing 900 Propane Tanks in Gowanus Warehouse [NYP] New Coney Island Mural Brings Mermaid to the Boardwalk [BP] State Opens COVID Vaccine Hub at Crown Heights Public Housing [BP] Heights Cafe on Montague Street to Close Temporarily [BHB] Street Food Vendor… Read More > The post Daily Links: Brooklyn Vaccine Hub Debuts at Crown Heights NYCHA Complex appeared first on Brownstoner.
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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
JANUARY 26, 2021
In November, home prices increased 9.5 percent YoY, up from October’s 8.4 percent increase, according to the most recent S&P CoreLogic /Case-Shiller Indices. Year-over-year, the 10-City Composite increased 8.8 percent, while the 20-City Composite increased 9.1 percent. The following cities experienced the highest YoY gains: Phoenix (+13.8 percent), Seattle (+12.7 percent) and San Diego (+12.3 percent).
Brownstoner
JANUARY 26, 2021
This nicely proportioned one-bedroom across the street from Sunset Park has some prewar touches and a renovated kitchen and bath. Its location at 574 44th Street puts it in the Sunset Park North Historic District, one of the four historic districts in the neighborhood designated in 2019. The apartment is on… Read More > The post Finnish Co-op Opposite Sunset Park With Wood Floors, Renovated Kitchen Asks $595K appeared first on Brownstoner.
RIS Media
JANUARY 26, 2021
Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor. First-Time Buyer is all about the REALTOR® difference! See how members like you and your agents help clients navigate the home-buying process and fulfill their homeownership dreams.
BubbleInfo
JANUARY 26, 2021
It was in June, 2011 that Ben Bernanke said at a live press conference: We have told the banks to handle their REOs….long pause……….in an economy-supportive way. Oops. What he was GOING to say was “we have told the banks not to flood the market with REOs.” Since then, foreclosures dried up, mortgage rates came […].
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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