Wed.Oct 20, 2021

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State and Local Property Tax Revenues Eclipse $700 Billion

Eye on Housing

NAHB analysis of the Census Bureau’s quarterly tax data shows that $703.5 billion in taxes were paid by property owners in the four quarters ending Q2 2021.[1] Four-quarter property tax revenues have climbed 13.2% since decreasing 0.2% in Q2 2020 (the first decrease since 2012). Year-over-year growth of four-quarter property tax revenue has accelerated each of the past four quarters.

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Mortgage execs better prepare for redlining enforcement

Housing Wire

Since Rohit Chopra was confirmed as the new director of the Consumer Financial Protection Bureau (CFPB) in September, there’s been one particular word on the lips of mortgage executives. And it gives them chills: redlining. “We are going to see a lot of emphasis on redlining: when you’re actively, intentionally separating out areas that you choose not to do business,” Troy Garris, co-managing partner at Garris Horn LLP , said during a panel in the Mortgage Bankers Associa

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Looking To Move? It Could Be Time To Build Your Dream Home.

Keeping Current Matters

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. The latest Census data shows the inventory of new homes is increasing this year (see graph below) : With more new homes coming to the market, this means you’ll have more options to choose from i

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StoicLane has plans to create an appraisal giant

Housing Wire

Less than one month after launching operations , the private holding group StoicLane – the backers of Interfirst Mortgage – has acquired control of the appraisal management company Lender’s Valuation Services (LVS). The companies did not disclose the amount of the deal announced on Wednesday. Al Goldstein, a co-founder of StoicLane, said the holding group wants to support LVS’s objective to “grow into one of the largest appraisal management companies in the U.S.”.

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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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What a Home Appraisal Is Based On: House Appraisal Tips

Point2Homes

Image: Andrey_Popov / Shutterstock.com. Home appraisals are a vital part of most real estate transactions — and it doesn’t matter if you’re planning on selling your home or purchasing one first. Either way, you’re going to encounter a home appraisal contingency at some point. And, given the importance of the home appraisal process , you should know what to expect ahead of time.

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Canadian Inflation Hits An 18 Year High, and It’s Understated: National Bank

Better Dwelling

The cost of living in Canada is now surprising even the experts, with price growth surging. Statistics Canada (Stat Can) data shows Consumer Price Index (CPI) annual growth surged higher in September. The measure of inflation has been running hot recently, but now it’s hit the highest level in 18 years. One of the country’s […]. The post Canadian Inflation Hits An 18 Year High, and It’s Understated: National Bank appeared first on Better Dwelling.

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Video of the Week: Take a Virtual Tour of a Modern Masterpiece in Hillsborough, California

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??. Hillsborough, California | Jennifer Gilson & Sophia Waldman, Golden Gate Sotheby’s International Realty . This stunning new home places an emphasis on sleekness, featuring endless views and clean lines throughout. Six bedrooms, eight full bathrooms, two-half bathrooms, six-car garage parking, and situated on 1.25 acres of manicured grounds, a seamless transitio

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Zillow stops their home buying, but you shouldn’t get excited about it

The American Genius for Real Estate

(CORPORATE) Zillow has put the kibosh on their home buying program, and real estate practitioners are buzzing, but no one should get excited. The post Zillow stops their home buying, but you shouldn’t get excited about it appeared first on The American Genius Real Estate.

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Our New Listing in Encinitas Ranch!

BubbleInfo

Sometimes it’s easy for homeowners to make the decision to move, and for others it takes careful deliberation to come to the right conclusion – and it’s relative to how much they love their home, and if they can do better. It took months of discussion to decide to let this one go – it’s […].

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Brownstone Boys: How to Waterproof a Cellar

Brownstoner

Editor’s note: Welcome to the Brownstone Boys Reno, a reader renovation diary about renovating a brownstone in Bed Stuy. See the first one here. They also blog at www.thebrownstoneboys.com. The weather is changing and we’re coming into the rain and snow season. New York City recently had a record amount of… Read More > The post Brownstone Boys: How to Waterproof a Cellar appeared first on Brownstoner.

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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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San Diego Case-Shiller By Tiers

BubbleInfo

[link] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ With the supply and demand so out of balance on the lower-end, it’s incredible to see that the high-end is out-performing with faster appreciation. It looks like big money is throwing its weight around! Note this guy’s negativity in the second paragraph. I guarantee you that he is going to be wrong, wrong, […].

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Locals Fear Health Risks After Suspected Oil Spill During Construction of Coney Island Ferry Landing

Brownstoner

After Coney Islanders believe they spotted an oil sheen on the waters of Coney Island Creek, local residents and elected officials are once again asking various government agencies to look into the safety of the peninsula’s incoming ferry landing now that dredging has begun. “We are asking for a robust assessment… Read More > The post Locals Fear Health Risks After Suspected Oil Spill During Construction of Coney Island Ferry Landing appeared first on Brownstoner.

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10 Things to Expect Prior To Your Home Inspection

Agent Drive

I’m going to walk you through the top 10 things that you should expect before your home inspection. These will help you prepare and know what to do when it’s time for your inspection so that you can get a clear picture of how well-maintained your property is. 1. Confirm Your Appointment The first thing […]. The post 10 Things to Expect Prior To Your Home Inspection appeared first on AgentDrive.

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5 Benefits of Soapstone Kitchen Countertops

Realty Biz

According to remodeling experts, the average kitchen renovation/remodel will cost you approximately $150 per square foot. Therefore, it’s critical that you get the most out of that. You can do this by investing in durable, natural-looking countertops, such as soapstone. Functionality and aesthetics are very important, but oftentimes, it’s hard to find a good balance between these two.

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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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Fixed vs. adjustable-rate mortgage: What’s better in 2021?

The Mortgage Report

Learn about the differences between a fixed vs. adjustable rate mortgage, including interest rates, monthly payments, pros and cons for each loan type.

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Canadian Consumers Are Lowering Expectations For Home Price Growth: BoC

Better Dwelling

Canadian consumers are lowering their expectations for home price gains. The Bank of Canada (BoC) released its Q3 2021 Survey of Consumer Expectations. One key takeaway from the survey is the household forecast of home price growth. The latest survey shows consumers lowered their expectations for how much prices will rise over the next year. […].

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Bringing Even Greater Agent Support, Ralph Bane Named First Team Real Estate Encinitas and Carlsbad Manger

First Team Real Estate

We are proud to announce San Diego real estate expert and former United States Marine, Ralph Bane, will be stepping into the role of Branch Manager for our Frist Team Real Estate Encinitas and Carlsbad Office locations. With over 16 years of comprehensive industry experience, his passion for real estate and talent for problem-solving make him an attentive and effective leader.

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Daily Links: Bushwick Film Festival Returns With Hybrid Event

Brownstoner

In the News Rising Rents Are Fueling Inflation, Posing Trouble for the Fed [NYT] New York City Schools See Few Covid Cases, But Testing Questions Linger [NYT] Bushwick Film Festival Returns With a Hybrid Model and New Tech [BP]. This Subway Line Had One in Five Trips Canceled Last Month [BP] ‘Domingo a Las… Read More > The post Daily Links: Bushwick Film Festival Returns With Hybrid Event appeared first on Brownstoner.

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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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Trick-or-Treat Bash - Jupiter

Waterfront Properties

The Town of Jupiter is hosting a “Trick-or-Treat Bash” on Friday, October 22, 2021, between 5:30pm – 7:30pm. The festivities will take place at the Jupiter Community Center located at 200 Military Trail in Jupiter. Assemble your “boo crew” and come out for a monstrous good time at Town of Jupiter’s Trick-or-Treat Bash. Enjoy trick-or-treating, games, music, character visits from Spiderman and an actual fairy tale princess.

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Do I Have the Legal Right to Stop Smokers in My Rental Properties?

Realty Biz

A No-Smoking policy might seem clearer and more straightforward than it is. Smoking tobacco is legal under federal law. The federal government doesn’t restrict smoking in private rentals. And smoking does not fall under any Fair Housing Act protection. In fact, federal agencies do restrict (but don’t prohibit) smoking in public housing. So, what does this mean for private landlords?

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Federal Government Promises: A Surefire Way To Heat Up The Market!

Toronto Realty Blog

TorontoRealtyBlog. I’m a cynic. I’m a realist. And I understand economics. But those three things together and do you know what you get? The following rant… There’s no such thing as “free” when it comes to the services we, in Canada, receive. The simple reason? The concept of a zero-sum game. In theory, every dollar expended by the government must come from a dollar earned through revenue, ie. taxation.

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Homeowner’s Guide: A Few Essential Tips for Rental Property Owners in 2021

Realty Biz

If you’ve looked around the housing market recently, especially within the last year or so, you may have noticed that property values are much higher than in recent years. As such, the price of rent has also increased, and while this is a burden for many, if you own a rental property, you’re probably not complaining. The fact is, the housing market has been ramping up to be a seller’s market for some time.

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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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Thoughts on the Remine Acquisition

Notorious ROB

I’ve now been asked by more than a few people on my take on the acquisition of Remine, the MLS technology provider, by MLS Technology Holdings, LLC., a new company formed by four major MLSs: ACTRIS (Austin), Heartland (Kansas City), FMLS (Atlanta) and Miami (er… Miami). Disclosure: I have personal relationships with three of the. Read more.

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Watch Out! 5 Common Mistakes You Might Make Renovating Your House

Realtor.com

No one wants to spend the time and money on a home renovation only to be disappointed with the results. Here are five common renovation mistakes to avoid. The post Watch Out! 5 Common Mistakes You Might Make Renovating Your House appeared first on Real Estate News & Insights | realtor.com®.

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Loan Tracking: Staying Ahead of Today’s Real Estate Market

App Folio

The world around us has evolved digitally, but has your accounting software? More and more tasks are gaining efficiency from.

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Mortgage and refinance rates today, Oct. 20, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates eased lower yesterday. That was a relief after they touched their highest point in several months on Monday. But never forget that […].

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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.

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Amid Allegations, Marilyn Manson Selling L.A. Home for $1.75M

Realtor.com

Amid accusations of sexual assault, shock rocker Marilyn Manson has put his Los Angeles home on the market for $1.75 million. The post Amid Allegations, Marilyn Manson Selling L.A. Home for $1.75M appeared first on Real Estate News & Insights | realtor.com®.

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Redline properties joins Century 21 Heritage House in Brantford

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Redline properties joins Century 21 Heritage House in Brantford. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Redline Properties in Brantford, Ont. has joined Century 21 Heritage House.

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Mid-Century Modern Ranch in South Orange, New Jersey is Stunning, No Matter the Era

Coldwell Banker

Updated 1950s Masterpiece listed at $1,474,700 by Caroline Farnsworth of Coldwell Banker Realty. The post Mid-Century Modern Ranch in South Orange, New Jersey is Stunning, No Matter the Era appeared first on Coldwell Banker Blue Matter.

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4 Things Everyone Needs to Know Before Purchasing Real Estate

RISMedia

By Lizzie Weakley If you want to buy a house in today’s competitive market, it only makes sense to do your due diligence. There are so many moving parts that come into play when buying and selling real estate, that understanding all the tenets of each step is essential. Related: 5 Property Investments You Should […]. The post 4 Things Everyone Needs to Know Before Purchasing Real Estate appeared first on RISMedia's Housecall.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.