Housing Wire
DECEMBER 2, 2020
There is no place like home. The nature of the crisis this year and headed into 2021 because of the ongoing COVID-19 pandemic has emphasized that fact. Even though we love our family members, we all need our space. Housing demand continues to remain quite strong for those fortunate enough to work in industries that are currently shielded from job loss, while also being more amenable to remote work.
Keeping Current Matters
DECEMBER 2, 2020
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply constraints in most markets has contributed to slight moderation in seasonally-adjusted and year-over-year new pending contract growth for two consecutive months (albeit still growing strongly), the underlying
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Housing Wire
DECEMBER 2, 2020
As 2020 comes to an end, realtor.com ’s economists believe that the housing inventory shortage won’t be as dire in 2021. However, it all depends on the course the COVID-19 pandemic takes. Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said.
Better Dwelling
DECEMBER 2, 2020
Canadian real estate agents must be looking forward to a very jolly Christmas. Statistics Canada (Stat Can) data shows ownership transfer costs, which are primarily sales commissions, reached a record high in Q3 2020. The rate of growth for the segment is now growing 11x faster than GDP. About The Data Today we’re looking at […]. The post Canadian Realtor Commissions Are Growing Over 11x Faster Than The Economy appeared first on Better Dwelling.
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Housing Wire
DECEMBER 2, 2020
Ahead of its initial public offering slated for mid-December, United Wholesale Mortgage is offering mortgage rates below 2% on FHA loans through its Conquest Program. UWM, the second-largest lender in the country, is offering rates between 1.99% and 2.5% on FHA loans, the company announced in a statement on Wednesday. The rates will be available on FHA purchase mortgages, FHA rate and term refinances, and FHA streamline refinances.
Realtor.com
DECEMBER 2, 2020
HGTV Modern farmhouse design has been popular for years, but if you’re tired of barn doors and shiplap, the latest episode of “Fixer to Fabulous” shows off a cooler alternative: modern industrial. In “Old Dojo to Modern Mojo,” Jenny and Dave Marrs help Jennifer and Philip Cristofaros reimagine an old karate studio in Arkansas.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The Mortgage Report
DECEMBER 2, 2020
Waiving a home inspection could make your offer more competitive. But experts say waiving a home inspection isn't a good idea. Here's why.
Housing Wire
DECEMBER 2, 2020
Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. If you wanted to do business with millennials, the emerging core of the home buying customer base, at a bare minimum engaging the consumer in a mobile-friendly, online experience was required just to get a seat at the table.
Toronto Realty Blog
DECEMBER 2, 2020
TorontoRealtyBlog. Raise your hand if you didn’t like my video from Monday? Oh, sorry, that was meant to be facetious. Put your damn hand down! Yeah, so I set out to discuss “redevelopment in Leaside” and after I started filming, I realized there was no way I could get through a video without vomiting my life story and childhood memories onto the script, or lack thereof… As I said in Monday’s video, I just can’t believe that this plaza is going to be razed.
Housing Wire
DECEMBER 2, 2020
The Mortgage Bankers Association reported that applications dropped 0.6% during the week ending Nov. 27 in its latest weekly survey. The refinance index decreased as well, down 5% from the previous week but up 102% over last year’s totals from the same week. The seasonally adjusted purchase index did increase – up 9% from one week earlier – while the unadjusted purchase index decreased 28% compared with the previous week.
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Realtor.com
DECEMBER 2, 2020
Jared Sauliner/ Seacoast Photography A relatively new house designed to look old is the most expensive home in all of New Hampshire. The Granite State’s priciest place is available for $19.5 million. “It was designed to look like it had been here for hundreds of years, and it’s designed to last for hundreds of years,” says listing agent Jamieson Duston.
Housing Wire
DECEMBER 2, 2020
Blackstone Group -controlled Finance of America posted record margins and originations in the third quarter , ahead of its public offering via a blank check company in 2021. Finance of America , which operates through retail, wholesale and correspondent channels, reported $242 million in income during the third quarter, a 66% increase from the second quarter.
RIS Media
DECEMBER 2, 2020
How to Create Opportunities Instead of Just Hoping That They Happen. The most successful recruiting managers and brokers have one thing in common: they make recruiting opportunities happen purposely instead of waiting for them to pop up randomly. Incorporating this mindset into your business will almost certainly lead to increased recruiting success.
App Folio
DECEMBER 2, 2020
There’s no question that pandemic-related challenges have made business growth difficult for many community association management companies this year. However, don’t rule out growth altogether — many savvy managers have been able to adapt their business strategy to bring on new associations during these challenging times, acquire other companies to better serve their associations, and use technology to gain a competitive advantage.
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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.
Eye on Housing
DECEMBER 2, 2020
In September, national home price appreciation accelerated, while all 19 major markets reported home price gains. 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 September, faster than a 17.0% increase in August. It marks the highest annual growth rate since March 2013.
RIS Media
DECEMBER 2, 2020
Latter & Blum Acquires Gardner REALTORS® to Form Gulf South’s Largest Brokerage Firm. Latter & Blum , the largest independently owned residential real estate company in the Gulf South, announced it has successfully completed the acquisition of Gardner REALTORS® , a leading real estate firm in Southern Louisiana and South Mississippi. The companies shared the news via a banner ad on their respective websites that leads to an announcement micro-site— www.always-building.com —and acco
Realtor.com
DECEMBER 2, 2020
Pier Marco Tacca/Getty Images SEOUL—The roughly $500 billion home-appliance industry is making a hard pivot toward hygiene as the coronavirus pandemic shows no sign of moderating. LG Electronics Inc.’s refrigerators have been retrofitted with sterilizing ultraviolet lights previously used in its water purifiers, while Whirlpool Corp. has touted washing machines with built-in heating that removes germs and allergens from clothes.
The American Genius for Real Estate
DECEMBER 2, 2020
(REAL ESTATE MARKETING) Outdated branding can be a big red flag to anyone viewing your website or social media - check these logo trends to improve yours for 2021! The post 6 logo design trends for 2021 to boost your branding appeared first on The American Genius Real Estate.
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.
Brownstoner
DECEMBER 2, 2020
Brooklyn continues to defy conventional wisdom about the residential real estate market during the COVID-19 pandemic. Well-priced townhouses in move-in condition are selling in record time -- even sparking bidding wars -- and the number of signed contracts for all types of properties was up sharply in November compared to… Read More > The post Townhouses Close in Head-Spinning Time, Signed Contracts Up Over Last Year appeared first on Brownstoner.
RIS Media
DECEMBER 2, 2020
(TNS)—The holiday season can be a tricky time to maintain physical health, and with COVID-19 keeping many people indoors and isolated, there are even more barriers to wellness. “When we spend more time isolated and indoors, our physical health can become an afterthought,” says Madhan Prabhakaran, M.D., family medicine physician, Mayo Clinic Health System in Fairmont. “We have to stay vigilant not only about COVID-19, but also about maintaining our overall health and wellness.&#
Brownstoner
DECEMBER 2, 2020
Bushwick locals took to the streets Tuesday afternoon to protest the planned demolition of a local landmark. Around 15 neighborhood residents gathered outside the former Charles Lindemann House, a Queen Anne home located at 1001 Bushwick Avenue, which is currently wrapped in green construction fencing. They were joined by representatives… Read More > The post Residents, Pols Rally for Preservation of Bushwick Avenue Landmarks Ahead of Demolition appeared first on Brownstoner.
RIS Media
DECEMBER 2, 2020
zavvie recently released a “ Seller Preferences Report ,” the first quarterly review of its kind for all the selling solutions available to homeowners throughout the U.S., according to the company. The new report looks specifically at the relaunch of national iBuyers in all their pre-COVID markets and the increasing influence of bridge solutions in the marketplace. “As more homeowners think about selling their homes within the next year, many won’t because they are nervou
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.
The Mortgage Report
DECEMBER 2, 2020
Today’s mortgage and refinance rates Average mortgage rates inched lower again yesterday. And conventional loans started out this morning at 2.625% (2.625% APR) for a 30-year, fixed-rate mortgage. Yesterday’s fall […].
BubbleInfo
DECEMBER 2, 2020
There are 2,000 people per year who pay $200 for a tour, and the plaintiff’s business model was that 91,250 people would pay $400 every year just to access and stand on the property. Yes, that AREA 51. London Moeder Advisors were retained as experts to conduct market research and financial analysis […]. The post Appraising for Alien Tourism appeared first on bubbleinfo.com.
Realtor.com
DECEMBER 2, 2020
OlegAlbinsky/iStock The benefits of incorporating a Roth IRA into your retirement strategy are often praised by financial advisers, citing the ability for money to grow tax-free for decades and provide tax-free income in retirement. While a Roth IRA conversion is one way to take advantage of this savings tool, the tax implications of converting investments from a traditional retirement account to a Roth IRA typically deter most people.
Brownstoner
DECEMBER 2, 2020
City Planning is proposing a suite of new zoning measures in southern Brooklyn’s coastal neighborhoods that could help property owners protect their homes in flood-prone areas, while curbing the influx of newcomers to the low-lying zones. The “Zoning for Coastal Flood Resiliency” plan aims “to help people living and working in… Read More > The post Rezoning Proposed for Southern Brooklyn’s Flood-Prone Coastal Neighborhoods appeared first on Brownstoner.
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Eye on Housing
DECEMBER 2, 2020
The Mortgage Bankers Association’s (MBA) latest Weekly Application Survey shows that, for the week ending November 27, 2020, mortgage application activity decreased by 0.6% from the prior week on a seasonally adjusted basis, as indicated by its Market Composite Index. One of its two constituent indexes, the Purchasing Index, increased by 9% from the previous week while the other, the.
RIS Media
DECEMBER 2, 2020
The phrase “listing presentation” may bring to mind images of practicing scripts in front of the mirror and presenting a 10-page PowerPoint to clients while they sit quietly and listen. While you absolutely should practice how you present yourself to prospective clients to earn their listings, putting them through a one-sided presentation likely won’t get to you to the results you’re hoping for.
Waterfront Properties
DECEMBER 2, 2020
The City of West Palm Beach is getting ready to light Sandi The Christmas Tree this week. For the past several weeks, the waterfront has been transforming into the ultimate Holiday in Paradise filled with lights and holiday decorations. The 35-foot, 700-ton tree made entirely of sand has been named Sandi by the city years ago and Sandi makes a debut with a different theme every year as part of their holiday tradition.
GeekEstate
DECEMBER 2, 2020
[Editor’s note: Originally published on Vertical.]. In 2017, I had a quick day trip to San Francisco. I was visiting family just south of the Bay Area in Carmel-by-the-Sea and needed a place to stay for the night after some meetings. I plugged into AirBnB and found a private room with Mimi and Mosh right in Presidio Heights (where I could run in the morning) for $193 per night.
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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