Thu.Jul 15, 2021

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Mortgage credit drops to lowest level since September

Housing Wire

Mortgage credit availability dipped 8.5% in June to 118.8 — indicating that lending standards are tightening, per the Mortgage Bankers Association’s Mortgage Credit Availability Index. It’s the lowest MCAI level — which uses 100 as a benchmark — since September of 2020, and ends more than six months of increasing credit supply, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting. “Mortgage credit has not recovered since the sharp dow

Mortgages 446
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Diving Deep into Today’s Biggest Buyer Concerns

Keeping Current Matters

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad time to buy” hit 64%, up from 56% last month and 38% last July.

Mortgages 232
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Making the dream of homeownership a reality for underserved communities

Housing Wire

The journey to homeownership can be rewarding, but also challenging. For some aspiring homeowners in underserved communities, the process may be even harder to navigate. Residents in these communities may be less likely to possess generational wealth to put toward a down payment, or may not have a family history of homeownership. Oneka Davis always dreamed of owning her own home.

Lending 391
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Real Estate Capital Gains Taxes When Selling a Home Including Rates

Maximum Exposure Real Estate

Home Selling and Real Estate Capital Gains Taxes Do you know how real estate capital gains taxes work when selling a house? Selling your home can net you a significant return. But what does the tax man have to say about it? With property values across the country skyrocketing, now more than ever, it is […]. The post Real Estate Capital Gains Taxes When Selling a Home Including Rates appeared first on Massachusetts Real Estate Exposure.

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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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Canada’s Property Bubble Just Hit The Wall For Price Growth As Key Indicator Flips

Better Dwelling

Canadian real estate may have just peaked, according to official data this morning. Earlier this month we took a look at Toronto and Vancouver, and why the top for growth is here. Data from the Canadian Real Estate Association (CREA) confirms the same National trend. Home prices hit a new all-time high in June, and […]. The post Canada’s Property Bubble Just Hit The Wall For Price Growth As Key Indicator Flips appeared first on Better Dwelling.

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More Trending

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New Development Spotlight: The Landmark Whitefish in Montana

Sotheby's International Real Estate

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Landmark Whitefish. Whitefish, Montana | Debbie Maue, Glacier Sotheby’s International Realty . The Landmark Whitefish is a full-service and amenity ski lodge less than 30 feet from Chair 2.

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Rental Prices Continue To Skyrocket, Squeezing Renters Across the Country

Realtor.com

Getty Images High demand for a limited supply of rental housing has resulted in skyrocketing prices across the nation—and desperation from those seeking more affordable housing options. The median rental price hit a new high of $1,575 in June, up 8.1% compared with last year, according to a recent report from Realtor.com®. Forty-four of the 50 largest housing markets posted new highs, squeezing renters even tighter.

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Remodeling Industry Confidence Improves Year over Year

Eye on Housing

The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the second quarter, posting a reading of 87, up 14 points from the second quarter of 2020. The increase in the index is a sign of improving remodelers’ confidence in their markets, for projects of all sizes. The RMI is an average of two major component.

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CRMs: How to Organize and Optimize Your Real Estate Contacts

RIS Media

At Buffini & Company, our focus has always been on helping our clients live the good life, and we’ve developed the structures to support that commitment. We believe that strong businesses are built on relationships, and that an agent’s tech tools, such as CRMs should support this process—not replace it. When working with a real estate CRM, agents must prioritize an infrastructure that organizes leads and contacts while also strengthening relationships.

Agents 106
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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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Mortgage and refinance rates today, July 15, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. And they’re now appreciably lower than they have been on most days over the last month. Mortgage rates today […].

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Mortgage Applications Up as Refinances Rise

RIS Media

For the week ending July 9, 2021, mortgage applications increased 16.0% from one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. This week’s results include an adjustment for the Fourth of July holiday. The breakdown: – Seasonally Adjusted Market Composite Index: +16.0% WoW. – Unadjusted Market Composite Index: -7% WoW. – Refinance Index: +20% WoW. – Seasonally Adjusted Purchase Index: +8% WoW. – U

Mortgages 102
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Can I unlock a mortgage if interest rates drop? | 2 Strategies

The Mortgage Report

Can you unlock a mortgage if interest rates fall after locking in? Learn about your options for getting a lower rate after locking.

Mortgages 119
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How to Write Copy That Sells High-End Homes

RIS Media

Summarizing the best features of a property with real estate descriptions is just as important as great photography. Writing in a friendly-yet-professional tone is a challenge, let alone creating a hooky introduction that leaves the reader wanting to learn more about the property. Though writing real estate descriptions can be daunting, especially for high-end homes, there are ways to ensure that your copy is effective.

Title 102
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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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Jupiter Dog Beach

Waterfront Properties

Allow Fido run free at the dog beach The dog friendly beach is located at 2188 Marcinski Road, Jupiter . Pooches have free reign from boardwalk marker 25 to 60. This is a 2.5-mile stretch of coastline where your four-legged, furry family member can join the human family. The dog beach is a very prevalent location for locals as well as out of town visitors.

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Why You Should Periodically Review Your Retirement Investments

RIS Media

When you started saving for retirement, you chose investments based on your age and income at the time, your expected retirement date and the amount of risk you were comfortable with. Circumstances can change, though, which is why it’s important to review your retirement plan every year, plus any time your situation changes. You May Not Want to Assume the Same Level of Risk.

As-is 102
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Expected Appreciation Through 2025

BubbleInfo

The Zillow press release is dated June 10th, which is work done in May – we’ve had some signs of slowing since: With housing demand showing no signs of slowing from a pandemic-fueled boom in the second half of 2020, the expert panel has once again adjusted their home-price growth expectations upward. The panel’s average home value […].

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Real Estate Q&A: Can Delivery Driver Sue Me If He Tripped and Fell Near My Door?

RIS Media

(TNS)—Q: A parcel delivery driver tripped on his way to leave a package by my front door. I saw it happen later, reviewing the video from my doorbell. It was a bad fall, and he slowly limped back to his truck and left. I hope he is OK, but I am worried if he can sue me. Can he? — Walter. A: As a property owner, you owed the driver a duty of care. This means you are responsible for making sure no dangerous conditions could injure someone on your property.

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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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Loggerhead Marinelife Center Released Two Sea Turtles Back Into The Ocean

Waterfront Properties

Earlier this week, The Loggerhead Marinelife Center released two sea turtles back into the ocean. The double release was the first public sea turtle release since February of 2020. Hundreds of people gathered along the beach near the center to witness two sea turtles be released back into the ocean after spending months at the center for recovery and rehabilitation.

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How to Protect Your Kids From Sunburn

RIS Media

You and your family probably enjoy spending time outdoors in the summer. Visiting the beach, swimming in a pool and playing in the backyard can be fun opportunities for family bonding, but you need to protect your kids from the harmful effects of the sun. How the Sun Can Affect Your Children. The sun’s UVA and UVB rays can be harmful to anyone. Unprotected skin that’s exposed to the sun can become sunburned and the sun’s rays can also cause skin cancer and cataracts later in life. .

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Catch a Musical Tale of Park Slope’s Queer History at Old Stone House

Brownstoner

A series of outdoor musicals at Park Slope’s Old Stone House will showcase the lesser-known history of the neighborhood as a lesbian sanctuary once affectionately coined “Dyke Slope.” “Prospect Hill,” a musical written by Mark Galinovsky and Lily Ali-Oshatz and produced by Piper Theater Productions, focuses on a character named Dee… Read More > The post Catch a Musical Tale of Park Slope’s Queer History at Old Stone House appeared first on Brownstoner.

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TRREB promotes Von Palmer to COO

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: TRREB promotes Von Palmer to COO. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The Toronto Regional Real Estate Board has promoted Von Palmer to the position of chief operating officer, effective July 16.

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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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What to Do About Insects in Your Shed

RIS Media

If you open the door to your shed and find insects lurking inside, you may feel a sense of panic. Insects can cause serious damage, but there are ways to get rid of them and keep them from coming back. Eliminate Bugs From Your Shed. There are several types of products that you can use to get rid of insects. If you know what type of bugs are in your shed, look for a product that’s designed to deal with that species of insect. .

Design 102
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Home loans for teachers: 9 programs with big savings

The Mortgage Report

Teacher mortgage programs can offer savings on your down payment and closing costs. But are teacher home loans a better deal than 'standard' mortgages?

Loans 105
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Roomy Unit in Caton Park House With Porch, Laundry, Backyard Wants $4,100 a Month

Brownstoner

Close to the Parade Ground and Prospect Park South, this floor-through in an early 20th century Colonial Revival in Flatbush's Caton Park neighborhood feels a bit like a house. It's on the first floor of a freestanding early 20th century Colonial Revival with a porch, backyard and windows all around.… Read More > The post Roomy Unit in Caton Park House With Porch, Laundry, Backyard Wants $4,100 a Month appeared first on Brownstoner.

Closing 98
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Canadian New Vehicle Sales Print The Second Worst May In Over Two Decades

Better Dwelling

Canadians are suddenly pulling back on their new vehicle buying binge. Statistics Canada (Stat Can) data shows new vehicle sales grew on an annual basis in May. Sadly, it wasn’t because the market was experiencing robust growth. It was due entirely to the base effect of comparing sales to an early pandemic month. Zooming out, […]. The post Canadian New Vehicle Sales Print The Second Worst May In Over Two Decades appeared first on Better Dwelling.

Sales 95
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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.