Housing Wire

OCTOBER 13, 2021

Home prices are currently up 20% year-over-year, but according to a new Goldman Sachs market forecast, they may not have reached their peak yet. Not even close. Goldman Sachs economists predict that home prices will grow another 16% by the end of 2022. The rapid increase in home prices over the past year is due to a number of colliding factors, including low interest rates, tight housing inventory, pandemic-induced migration patterns and an increase in millennials entering the home buying market

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Keeping Current Matters

OCTOBER 13, 2021

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space. 69% of respondents want a home office (48% wanted multiple offices). 46% of respondents want a multi-function room/flexible space. 42% of respondents want an au pair/in-law suite. 39% of respondents want an exercise room/yoga space

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Housing Wire

OCTOBER 13, 2021

Mortgage application activity was largely flat for the week ending Oct. 8, despite mortgage rates reaching their highest level since June. That’s according to the latest mortgage application survey from the Mortgage Bankers Association , which said applications overall increased just 0.2% from the prior week. “An increase in home purchase applications offset a slight decline in refinances,” said Joel Kan, the MBA’s vice president of economic and industry forecasting. R

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Better Dwelling

OCTOBER 13, 2021

Hong Kong, New York City, and Paris? They have nothing on Canada’s biggest real estate bubbles. UBS released its annual Global Real Estate Bubble Index today. Two Canadian cities managed to rank near the top of the charts — Toronto and Vancouver. Toronto home prices now rank as the second biggest bubble in the world. […]. The post A Global Swiss Bank Named Toronto The 2nd Biggest Real Estate Bubble In The World appeared first on Better Dwelling.

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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

Technology

Housing Wire

OCTOBER 13, 2021

Manchester, New Hampshire, the state’s biggest city and economic hub, seldom makes national headlines. The Granite State itself typically only garners nationwide attention every four years when it kicks off the presidential nomination process with its early March primary. But over the past few months Manchester has been making a name as one of the nation’s hottest real estate markets.

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Housing Wire

OCTOBER 13, 2021

Chicago-based mortgage originator Interfirst Mortgage Co. has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Principals of the private holding company StoicLane led the round, the firms said on Wednesday. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said.

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Sotheby's International Real Estate

OCTOBER 13, 2021

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??. Concord, Massachusetts | Barrett Sotheby’s International Realty . In a stunning marriage of function and form, this striking home masterfully elevates the essence of today’s lifestyle. Its completion spanned three years due to a laser focused collaboration of extensive thought, high level of detail, and amazing woodwork; the final result is a phenomenal archi

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Housing Wire

OCTOBER 13, 2021

JPMorgan Chase originated $46.1 billion worth of mortgages from July to September, up 5% from the previous quarter and up 43% year-over-year, the bank announced on Wednesday. Jeremy Barnum, chief financial officer at Chase, said during the company’s third quarter earnings call that the increase reflects “record purchase volume and share gains in the refi market.”.

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RIS Media

OCTOBER 13, 2021

Mortgage applications increased 0.2% for the week ending Oct. 8, 2021. According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, the Market Composite Index, a measure of mortgage loan application volume, increased 0.2% on a seasonally adjusted basis from the previous week. Unadjusted, the Index increased 0.4% compared to the previous week.

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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.

Development

Housing Wire

OCTOBER 13, 2021

The average closing costs for a single-family home increased 12.3% during the first six months of 2021, according to a report published this week by analytics vendor ClosingCorp. And significantly higher home prices were the culprit. According to ClosingCorp, the average closing costs nationally came in at $6,837 including taxes and $3,836 excluding taxes.

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Closing costs Closing Mortgages Industrial 321

Coldwell Banker

OCTOBER 13, 2021

Extra, extra! Read the top 10 news items that ran in September about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – September 2021 appeared first on Coldwell Banker Blue Matter.

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Agents 111

Eye on Housing

OCTOBER 13, 2021

Inflation accelerated in September, as prices for food and shelter showed notable gains. Federal Reserve officials described the current inflation run as “transitory”, and attributed recent increases largely to supply-chain constraints and a surge in consumer demand as the economy reopened. And they expected “inflation pressures to ease as the effect of these transitory factors dissipated.

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HomeLight

OCTOBER 13, 2021

Congratulations! You’ve made it through the most challenging part of the homebuying process , and closing day is finally approaching. As you count down the days until you’re sitting across that big table with a pen in your hand, ready to sign all of those closing documents for buyers, you might want to reel in your excitement. You’re going to be busy on closing day, and it’s always helpful to know what’s to come — because there are a lot of documents to sign!

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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.

Industrial

Realty Biz

OCTOBER 13, 2021

As competition for limited housing inventory intensifies, buyers are bidding up home prices. But many have found that the tactic of making an aggressive bid to beat out other offers backfires, as the appraised value of the home falls well below the agreed price. The National Association of Realtors’ latest Confidence Index Survey , based on a poll of real estate professionals’ transactions, found that 23% of all sales were delayed due to appraisal issues and that 12% of the proposed deals ultima

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The Mortgage Report

OCTOBER 13, 2021

Today’s mortgage and refinance rates Average mortgage rates edged higher again yesterday. But that may have been lenders catching up with rises that they failed to implement last Friday. This […].

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Mortgages 105

Agent Drive

OCTOBER 13, 2021

Laundromats, whether coin-operated or washed by laundry experts, have been considered a recession-resistant business. Investors assure business-minded people seeking new business ideas that laundromat stays highly profitable even in economic downturns, even in this pandemic. It is a great business when you will build your business in a surrounding community.

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Investor Marketing 105

The Mortgage Report

OCTOBER 13, 2021

Michigan first-time home buyers have plenty of options, from low-down-payment loans to home buyer grants and other assistance.

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Loans Mortgages 105

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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.

Brokerage

BubbleInfo

OCTOBER 13, 2021

Rob Dawg suggested that the total volume of the frenzy must be remarkable. Both sales and pricing are higher, and the higher-end markets have never had it so good. NSDCC Total Sales Volume, First Three Quarters of the Year Year # of Sales Under $2M Dollar Volume # of Sales Over $2M Dollar Volume 2017 […].

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Sotheby's International Real Estate

OCTOBER 13, 2021

Sotheby’s International Realty today announced that Iris Estates has joined the network and will now operate as Bulgaria Sotheby’s International Realty. The addition marks the brand’s continued growth in Europe and marks nearly 200 affiliated offices in the EMEIA region. Bulgaria Sotheby’s International Realty is owned and operated by Hristo Angelkov in partnership with Andrei Manoukovski.

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Brownstoner

OCTOBER 13, 2021

When this Renaissance Revival single-family was completed at the turn of the 20th century, developer Charles G. Reynolds pitched it and its neighbors in the row as "a grand opportunity" to live in the "garden spot of Brooklyn" in a house with up-to-date features and innovations. Located a short stroll… Read More > The post Crown Heights Renaissance Revival House With Five Mantels, Stained Glass Asks $2.485 Million appeared first on Brownstoner.

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Development Marketing 98

RIS Media

OCTOBER 13, 2021

Josh Naughton. Broker/Owner. RE/MAX Innovative Properties. Londonderry, New Hampshire. www.remax.com/real-estate-agents/joshua-naughton-londonderry-nh/101915141. Region served: Southern New Hampshire and Northern Massachusetts. Years in real estate: 19. Number of offices: 6. Number of agents: 102. Jordan Grice: You previously operated your brokerage as an independent firm.

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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.

Agents

Point2Homes

OCTOBER 13, 2021

Image: Zivica Kerkez / Shutterstock.com. TV shows make house flipping look like a sure-fire way to make a lump of easy cash. However, the reality is often quite different, and there are several things worth considering before getting started. It’s always best to go in with your eyes open, so with that in mind, here are seven things to think about. Your Job.

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American Lifestyle

OCTOBER 13, 2021

The post Spiced Baked Apples appeared first on American Lifestyle Magazine.

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RIS Media

OCTOBER 13, 2021

Halloween is right around the corner, and there’s no better time than now to incorporate this spooky holiday into your social media marketing strategy. Whether you’re looking to draw attention to a new listing, generate new leads or bump up the engagement on your posts, having a little fun can go a long way…and Halloween is known for being among the most fun holidays of the year!

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As-is Marketing Agents Sales 98

Brownstoner

OCTOBER 13, 2021

Sometimes the right things come to you at the perfect time. For the artist Samantha Bittman, it was weaving, which she first discovered as a freshman undergraduate student at the Rhode Island School of Design. A friendly teaching assistant was a textiles major and used to share her projects. Bittman… Read More > The post Artist Samantha Bittman Combines Her Love of Weaving With Paint appeared first on Brownstoner.

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Design 98

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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.

Agents

RIS Media

OCTOBER 13, 2021

Headlines have been dominated by iBuyers for years, but there’s a much bigger story in the real estate market today: More sellers are using the services offered by a group of innovators and disruptors known as “Power Buyers.” They all share one common denominator: they dramatically increase the consumer’s home-buying power. Unlike iBuyers, Power Buyers are already operating nationwide, empowering cash-strapped buyers with all-cash offer options, helping sellers become buy

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Brownstoner

OCTOBER 13, 2021

In the News Six Spooky Halloween Events for Brooklynites to Enjoy [BP] Borough Park Has the Lowest Vaccination Rates, Highest Virus Rates [amNY] Greenpoint Ferry Service to Resume June 2022 [Greenpointers] Clinton Hill NYCHA Garden Must Be Cut Back Due to Rats, City Says [BK Reader] Brownsville to Get $120M Girls’ Empowerment Center [BK… Read More > The post Daily Links: Greenpoint Ferry Service to Return in June appeared first on Brownstoner.

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First Team Real Estate

OCTOBER 13, 2021

HUNTINGTON BEACH, CA – Former pro surfer and luxury marketing specialist Josh Mohr of First Team Real Estate recently sold The Courtyard House for $4,800,000, closing in just two short months and breaking the record for the highest sale in the Huntington Seacliff neighborhood. The newly constructed custom property located at 6691 Country Circle wasn’t even finished when Josh first began helping the owner plan the sale, but with a clear and coordinated completion strategy and marketing plan, he m

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