Tue.Sep 29, 2020

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Home-price index gains the most since 2018

Housing Wire

The S&P CoreLogic Case-Shiller index of home prices in 20 U.S. cities gained 3.9% in July from a year ago, the biggest advance since 2018, as rock-bottom mortgage rates made it possible for people to bid higher for properties. The increase was bigger than the 3.5% advance in the prior month, and it was the largest annual gain since December 2018.

Mortgages 542
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Where Are Home Values Headed Over the Next 12 Months?

Keeping Current Matters

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate ?

Finance 267
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Consumer confidence posts biggest surge in 17 years

Housing Wire

Consumer confidence, a key measure in gauging whether people are willing to make big-ticket purchases like homes , surged the most in more than 17 years during September, surpassing the expectations of economists. The gauge rose to 101.8, the highest level since the start of the pandemic, from August’s upwardly revised 86.3, the Conference Board said on Tuesday.

Marketing 533
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9 Reasons To Buy A Home In The Fall

Realty Biz

Reasons To Buy A Home In The Fall. The fall season is usually full of major changes. Many young people return to school, football season begins in full swing and the overall climate makes a change with cooler temperatures and vibrant colors. Over the last few years, the fall season has also become a popular time to sell a home. While spring still remains the most popular season for selling a home, there are plenty of reasons to try and buy a property in the Autumn of the year.

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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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Refi Sugar High: How to balance your lending diet

Housing Wire

As the Fed pulls out all the stops to stimulate economic activity, mortgage rates have reached record lows. In light of rampant uncertainty and economic hardship, homeowners are leaping at the opportunity to save thousands in annual payments , and the refi market is booming. This sounds like great news for lenders, for whom millions of newly refi-eligible mortgages means a lot of new business coming in.

Lending 427
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Canadian Mortgage Debt Passes 80% of GDP For The First Time

Better Dwelling

Canadians love mortgage debt, and most households consider it low risk. However, they might love it a little too much. Mortgage debt has seen astronomical growth over the past couple of decades. This is often attributed to large economic growth, however the mortgage debt to GDP ratio shows that might be a fib. Canadian mortgage […]. The post Canadian Mortgage Debt Passes 80% of GDP For The First Time appeared first on Better Dwelling.

Mortgages 144

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So You Want to Buy a Fixer-Upper: Here’s What You Need to Know

Homes.com

Stephen and David St. Russell, self-taught renovation and fixer-upper experts, are sharing their advice for homebuyers who are looking to explore buying a home that needs some extra TLC. The post So You Want to Buy a Fixer-Upper: Here’s What You Need to Know appeared first on Homes.com.

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Jornaya’s Mike Eshelman to speak at HousingWire Annual Oct. 8

Housing Wire

Consumer attitudes have changed significantly since the onset of the pandemic, and companies that are dealing with outdated perspectives — anything before March — are going to find it hard to connect. That’s why we’ve invited Mike Eshelman, head of consumer finance at Jornaya , to speak at our HousingWire Annual event on Oct. 8. By understanding consumers’ most critical behaviors, mortgage professionals can strategize when and how consumers need them – not just in an era of volatility, b

Finance 380
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Home Price Appreciation Continues in July

Eye on Housing

National home prices continued to increase at a modest pace in July. While Los Angeles posted the strongest annual growth rate among the 19 metro areas, New York experienced a home price decline. 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 4.7% in July, Read More › The post Home Price Appreciation Continues in July first appeared on Eye On Housing.

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Startup profile: Arturo

Housing Wire

Taken from the September issue of HousingWire Magazine, Arturo is an artificial intelligence property analytics company looking to improve decision making. The company launched in 2018 and has already expanded to the U.S., Canada, Australia and New Zealand, with expansion plans in progress for the U.K. The post Startup profile: Arturo appeared first on HousingWire.

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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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Christopher Alexander: A decline in real estate prices is unlikely

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: Christopher Alexander: A decline in real estate prices is unlikely. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The strength of the Canadian real estate market has continued to prove itself time and time again during the pandemic.

Mortgages 124
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#278: The Loopholes That Destroy Our Ability to Form Habits, with Gretchen Rubin

Afford Anything

It’s September! I’m on round two of what I’ve dubbed my September Sabbatical, otherwise known as my yearly time to take a one-month recess from podcast production. Throughout September, we’re airing some of the most insightful, inspiring interviews from the archives. You’ll hear from experts discussing topics like habits, happiness, focus, digital minimalism, classic financial lessons and easy-to-make financial mistakes.

HR 123
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No commutes lead to different housing priorities

Realty Biz

The best thing about remote work is that we no longer have to deal with stressful commutes to and from the office, according to a new survey of 8,500 workers carried out by FlexJobs, which provides remote working resources. Traffic jams are far less common. The survey authors say that the stress of commuting to and from work was a big deal for around 20% of respondents, who faced traveling for up to three hours each day.

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Would You Burrow by the Beach in This Underground ‘Dune House’?

Realtor.com

realtor.com It’s difficult to know the “dune house” even exists if you’re not looking for it. But that’s what makes it so enticing. From the street, all you see are two staircases, two concealed doors, and grass. “It’s kind of built like the natural shape of an oceanfront dune,” says listing agent Jan Shields. The two units on Beach Avenue in Atlantic Beach, FL, must have the same owner, but they can be independently occupied, Shields explains.

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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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Mortgage and refinance rates today, September 29, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. That was the fifth business day running on which rates have fallen — albeit minutely. And conventional loans today […].

Mortgages 117
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5 Clients Showing Ways to Win in our COVID-19 era

GeekEstate

[ Originally published on Medium ]. Tech savvy Real Estate agents have leveraged existing technologies that have been around for years, sometimes for decades, to elevate their clients showing success even before our COVID-19 era. The COVID-19 pandemic has urged agents to pivot and adjust. Finding the most productive ways to deliver outstanding client success in Real Estate by excelling at virtual showings is no longer a must-have business skill reserved only to the top-producing 1% of all agents

Brokerage 116
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The Decaying Splendor of a Fort Greene Manse

Brownstoner

It has been slowly crumbling for years. With broken windows, a boarded-up front door at the top of a once-grand stoop, and a trash-strewn yard, the 1860s Italianate across from Fort Greene Park gives up few clues as to whether any tantalizing remnants linger on the interior. Walking gingerly through… Read More > The post The Decaying Splendor of a Fort Greene Manse appeared first on Brownstoner.

Design 116
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Consumer Confidence Rebounds Strongly in September

Eye on Housing

After hitting a 6-year low last month, consumer confidence bounced back in September, as consumers were more upbeat on outlook for economy and the job market. The Consumer Confidence Index, reported by the Conference Board, rose 15.5 points from 86.3 to 101.8 in September, the highest level since March 2020 and the largest monthly gain since April 2003.

Marketing 115
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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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Voters Across Brooklyn Get Absentee Ballot Return Envelopes With Wrong Name and Address

Brownstoner

This story was originally published on September 29 by THE CITY. Sign up here to get the latest stories from THE CITY delivered to you each morning. By Greg B. Smith. The city Board of Elections sent absentee ballots to some Brooklyn voters with return envelopes bearing strangers’ names and addresses,… Read More > The post Voters Across Brooklyn Get Absentee Ballot Return Envelopes With Wrong Name and Address appeared first on Brownstoner.

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How to buy a house with a 600 credit score

The Mortgage Report

It's possible to buy a house with a 600 credit score, as long as you meet other mortgage requirements. Learn about 600 credit score home loans here.

Loans 124
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Case-Shiller: July Saw 4.8 Percent Annual Home Price Increase

RIS Media

In July, home prices increased 4.8 percent YoY, up from 4.3 percent in the previous month, according to the most recent S&P CoreLogic /Case-Shiller Indices. Year-over-year, the 10-City Composite increased 3.3 percent, up from 2.8 percent in the previous month. The 20-City Composite increased 3.9 percent YoY, up from the previous month’s 3.5 percent gain.

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CAI President Ursula Burgess on Community Associations & Effective Leadership

App Folio

From managing dispersed teams and overseeing day-to-day operations, to keeping homeowners and board members happy , being a community association management executive comes with a lot of responsibilities. But what does it take to be a truly effective leader? What can you do to help others in your business rise the ranks? How can you continue to evolve and grow yourself?

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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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Safety Is No Accident

RIS Media

NAR PULSE—The best way for your agents to stay safe is to be ready for anything. Tell your agents about the SentriKey® Real Estate app with its unique Agent Safety Feature that provides an automatic way to alert select contacts in case of an unexpected or potentially dangerous situation. Members Can Now Enroll in NAR Academy. NAR Academy is an exclusive partnership between the National Association of REALTORS® (NAR) and Columbia College.

Agents 114
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Vegan Eatery The Broccoli Bar to Open on Fulton Street in Fort Greene

Brownstoner

A new vegan eatery has landed in Fort Greene. The Broccoli Bar, which started as a Vermont-based food truck, has taken over the corner space at 690 Fulton Street. "It is our mission to change the world by sharing plant-based foods that are more delicious, nourishing and sustainable, while showcasing… Read More > The post Vegan Eatery The Broccoli Bar to Open on Fulton Street in Fort Greene appeared first on Brownstoner.

Land 111
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Interior Design Secrets to Elevate Your Style

Point2Homes

Image: Africa Studio / Shutterstock.com. Most people believe that the size of their house, its location and the floorplan are the most important factors of their house, but this isn’t actually true. Rather, a home’s style is of utmost importance. In fact, if you’re living in a home that has been decorated in the wrong style or, worse, has no style at all, nothing else matters.

Design 111
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Worth it to Refinance? Current Low Rates Create Possible Savings Opportunity

RIS Media

The coronavirus pandemic has caused buyers to flood the markets. Mortgage interest rates are at historic lows, driving increased activity and a shortage of inventory nationwide. But what about mortgage refinancing to take advantage of low rates? According to a new report from Zillow, homeowners who haven’t refinanced “could be tossing thousands of dollars out the window.” Zillow provides the following scenario: A typical monthly mortgage payment in the U.S. is $951 before taxes

Principal 111
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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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Get in the Spirit! The Best Halloween Decor You Can Buy Online Right Now

Realtor.com

Lowe's Halloween is going to look quite a bit different this year. The coronavirus pandemic has put the kibosh on costume parades and door-to-door candy hunts in many communities across the nation. In fact, according to the latest research from Morning Consult, 47% of families will be canceling their usual holiday parties altogether this season, and that includes Halloween celebrations.

Design 108
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The New Bridge Solution: How to Turn Homeowners Into Sellers

RIS Media

The biggest problem for home sales today remains a lack of inventory. So, how do we keep the bounce-back from COVID-19 going into Q4? We need more listings! To create more listings, we need to get homeowners off the sidelines. The problem is that homeowners are nervous to make a move for the same reason everyone else is: a lack of inventory. It’s a catch-22, but there’s a new, innovative bridge solution for brokerages available through zavvie that’s designed to help agents get

Brokerage 107
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Celebrate National Coffee Day Today

Waterfront Properties

Today, Tuesday, September 29th is National Coffee Day and is the perfect time to try all the new seasonal coffees showing up on coffee shops menu’s around the area. In honor of National Coffee Day, here are some coffee specials and deals going on today to celebrate. Dunkin’: Free medium hot or iced coffee with any purchase Starbucks: Use the Starbucks app and order a beverage (grande or larger) and your account will be gifted a free drink.

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How to Make Your Offer More Competitive!

CT Homes

Losing out on a home you’ve offered on SUCKS. Walking the property, imagining the move, picturing the space as your own…… all to have another buyer swoop in and submit a better offer. No more! Landing your dream home is now about timing, contract structure and submitting the strongest offer possible as soon as you can. With inventory at record lows, competition is as intense as ever and it is CRITICAL that that your offer stands out from the crowd.

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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.