Mon.May 10, 2021

We’ve got rising home prices but no housing crash in sight

Housing Wire

The key to the U.S. getting back on track economically is for its citizens to freely walk the earth again without the existential threat of COVID-19. The U.S. is getting closer and closer to meeting that goal, while other countries are still trying to control the virus.

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3 Graphs Showing Why You Should Sell Your House Now

Keeping Current Matters

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so.

Sales 253
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Mortgage forbearance drops to 4.36%, exits pick up steam

Housing Wire

The downward trend of borrowers in forbearance picked up speed in the last week of April, falling 11 basis points to 4.36% of servicers’ portfolio volume, according to the Mortgage Bankers Association.

Bidding Wars Are Most Common Reason Active Buyers Can’t Make Purchase

Eyes on Housing

An earlier post revealed that 64% of buyers who were actively engaged in the process of finding a home in the first quarter of 2021 have spent upwards of 3 months searching for a home without success.

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How real estate agents can alleviate consumer pain points in a tight market

Housing Wire

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing.

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Downsizing Your Home? Don’t Make These 10 Mistakes

Redfin

Whether you’ve decided to eliminate debt from your life, or you’re first time empty nesters ready for a new chapter, now may be the time to downsize your home. But before you start, it’s important to understand that there are many potential missteps along the way.

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America’s hottest neighborhoods: North Winton Village in Rochester, New York

Inman

The older neighborhood has long been a more affordable alternative to other trendier parts of the city, but that may soon change as home prices and rents are rising as the area becomes more popular.

Sales 143

Finance of America now offers renovation loans

Housing Wire

Lending and services platform Finance of America Inc. announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans.

How to apply for a VA home loan: Process and requirements

The Mortgage Report

Learn how to apply for a VA home loan. Follow this step-by-step process to access your VA home loan benefits and buy or refinance a house at a low rate. First-Time Home Buyers VA Loans

Loans 98

UWM expects big margin decline in Q2

Housing Wire

The parent company of United Wholesale Mortgage (UWM) reported $860 million in net income during the first quarter of 2021, but there are clear signs that the going has already gotten tough. In total, UWM originated $49.1 billion in closed loan volume in the first quarter, down from the $54.7

Repeat success: How 2 top agents earned return clients

Inman

In the luxury space, white-glove service is not just appreciated, but expected — so what does it take to build the kind of genuine relationships that keep clients coming back? Two agents share their top five tips.

Agents 139

HG Holdings acquires National Consumer Title

Housing Wire

North Carolina-based HG Holdings Inc agreed last week to acquire 100% of the equity of Florida-based National Consumer Title Insurance Company — owned by Southern Fidelity — and 100% of the interest in National Consumer Title Group LLC. HG Holdings will pay Southern Fidelity $5.5

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Innovative technology that works for agents

Inman

Coldwell Banker Chief Marketing Officer David Marine shares how collaborating with a network of 100,000 agents has led to building industry-leading technology products. Coldwell Banker Sponsored Video cb tech coldwell banker david marine innovation week Innovative technology that works for agents

Low home prices in Harrisburg, PA drawing in buyers

Housing Wire

Chat with a few real estate agents based in Harrisburg, Pennsylvania — a city ninety minutes from Baltimore and two hours from Philadelphia — and a similar topic will undoubtedly emerge: the capital of the Keystone State has become one of the most popular places to move to in the entire country due to low home prices.

Proposed capital gains tax increase could lead to a rush of luxury sales

Inman

Although much around the capital gains tax remains up in the air, its potential effect on the country's wealthiest residents is leading to a slew of questions being thrown at luxury agents from "extremely motivated" sellers.

Sales 134

Boost Your Online Reputation With These 5 Tips

RIS Media

Your reputation as a real estate professional isn’t just built by word-of-mouth anymore. Potential clients are often checking you out online before they even get in touch with you. If you want to boost your online reputation, follow these five tips. Monitor your online presence.

End of mortgage payment relief looms for 2.2M homeowners

Inman

Many homeowners who were granted forbearance during the pandemic are scheduled to hit 18-month program eligibility limit at the end of September. Markets & Economy Mortgage forbearance Foreclosures Mike Fratantoni Mortgage Bankers Assocation

Commission claim dismissed – buyer representation agreement ruled unenforceable

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: Commission claim dismissed – buyer representation agreement ruled unenforceable.

NAR: Don’t work without a written listing agreement

Inman

Some agents may be tempted to advertise a property without a written and signed listing agreement in place to avoid having to enter the listing into their local multiple listing service. The National Association of Realtors has some advice: Don't do it.

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Revolving Credit Rises in the First Quarter

Eyes on Housing

In the first quarter of 2021, consumer credit increased at a seasonally adjusted annual rate by 5.1%, with revolving debt1 increasing by 2.4% and nonrevolving debt2 increasing by 5.9%. Consumer credit totaled $4.2

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Douglas Elliman launches new cloud-based tech suite for agents

Inman

The company's new single sign-on portal called "MyDouglas" is a customizable and mobile-compatible platform that will integrate all of the brokerage's agent resources into one place.

Agents 129

How to Leverage Your Online Presence

RIS Media

In today’s day and age, if you don’t have an online presence, you may not do very well in your chosen field because you lack visibility. The buyer’s online journey is not unique.

Wrapping up Innovation Week with Coldwell Banker

Inman

See how collaborative innovation and efficiency delivers on a single goal: helping Coldwell Banker agents live exceptional lives. Sponsored Wrapping up Innovation Week with Coldwell Banker

Agents 129

Mortgage and refinance rates today, May 10, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell appreciably last Friday. The drop was a result of that morning’s disappointing jobs report. And, first thing, market movements suggested that […]. Mortgage Rates Now

How to market a fixer-upper in a seller’s market

Inman

With a thoughtful strategy and solid plan you’ll find the right buyer who will appreciate the potential in a fixer-upper — and with these tips, your clients' home might sell faster than you think. Agent Listings Marketing Select as is listing fixer-upper marketing

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How to Price Your Home in an Extreme Market

Homes.com

Even in a seller's market, how you price your home can make or break your plans. These steps will help ensure you have an accurate list price! The post How to Price Your Home in an Extreme Market appeared first on Homes.com. Selling a Home appraisals home price listing selling

Fannie, Freddie must curb appetite as demand for second homes soars

Inman

Demand for second homes and investment properties continues to hold steady at more than double pre-pandemic levels, despite Fannie and Freddie being ordered to limit their appetite for loans backed by these types of properties.

Loans 126

Gareth Morris named Calgary Realtor of the Year

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: Gareth Morris named Calgary Realtor of the Year.

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Hybrid work, shifts to affordable cities likely to be long-term trends

Inman

As many as 60 percent of companies may consider a mix of remote and in-office work, which would have major implications for the housing market, panelists said during a session of the Urban Land Institute's virtual Spring Meeting conference.

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Would You Hire Yourself? The Power of Websites to Tell Your Story and Sell Your Brand

HomeLight

When was the last time you looked at your real estate website? Really looked at it, the way a buyer or seller would as they look for a real estate agent?

Growing your business during the moments that matter

Inman

Whether you're new to the business or on top of your game, Coldwell Banker's technology suite is by your side every step of the way. Our mission is to create products that support our agents in all of the moments that matter.

Achieving Balanced Social Media Content

RIS Media

Employ a Purposeful and Productive Strategy Through 4 Main Content Categories. No matter what social media platforms you engage in…and hopefully there are several…you likely face the same dilemma that most other teams face: What should you post, and how often should you do it?

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Ingenuity meets excellence

Inman

Learn how Coldwell Banker’s technology suite of products helps agents sell more homes, make more money and work more efficiently – so that they can live exceptional lives. Coldwell Banker Sponsored Video cb tech suite coldwell banker Ingenuity meets excellence innovation week

How to Utilize DISC Behavior Analysis to Strengthen Your Team

RIS Media

Have you ever experienced a moment where you said one thing, but the person you were speaking to heard something completely different? This happens often because everyone has a certain personality type that comes with its own communication style.