Fri.Oct 16, 2020

The Pandemic’s Impact on Consumer Shopping Behavior in Mortgage & Real Estate

Housing Wire

Our job as mortgage professionals is to help consumers when and how they need us. This is especially important in the current crisis as the behaviors of both consumers and those in the housing industry are changing.

Bank of Canada Ending Pandemic Program That Helped Real Estate Prices Surge

Better Dwelling

On the day Canadian home sales and prices hit record highs, the central bank announces an end to the program partially responsible for the surge. The Bank of Canada (BoC) flooded the market with cheap mortgage credit in March.

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Appraisal coalition pledges to combat bias and discrimination

Housing Wire

The Appraisal Institute , American Society of Appraisers , American Society of Farm Managers and Rural Appraisers , and the Massachusetts Board of Real Estate Appraisers announced a concerted effort to combat unconscious bias and discrimination in a release on Friday.

ULI Report: COVID-19 Accelerates Change in Real Estate Industry

RIS Media

National Fair Housing Alliance partners with LGBTQ+ Real Estate Alliance

Housing Wire

The LGBTQ+ Real Estate Alliance organization announced that it is partnering with the National Fair Housing Alliance (NFHA) and has landed its first corporate sponsor, Engel & V?lkers. lkers. The LGBTQ+ Real Estate Alliance, which officially launched on Oct.

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First-time home buyers guide: 23 first-time buyer questions answered

The Morgtage Report

Considering making the jump from renter to homeowner? This first time home buyer guide tells you what you need to know. Buying a home

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More Trending

Luxury Real Estate Headlines: Second Week in October 2020

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Palm Springs, California | Gerard Bisignano , Vista Sotheby’s International Realty .

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After record fall of 18%, forbearances rose slightly last week

Housing Wire

After plummeting 18% the week prior, the number of mortgages in active forbearance rose by 19,000 last week, according to a new report by Black Knight on Friday. Though the raw number increased, the number of all mortgages in active forbearance remained at 5.6% , unchanged from the week prior.

What Hurts a Home Appraisal? And 7 Things You Can Do to Fix Them

Redfin

The current housing market has many people considering buying or selling a home right now. Maybe you’ve checked to see how much you can afford , and you believe now might be a good time to list your house and upsize to a new one.

Guild Mortgage is going public – Let’s look at the numbers

Housing Wire

Add lender-servicer Guild Mortgage to the ranks of the nonbank mortgage lenders going public.

Perseverance in the ‘Burbs

The Living Room

Congratulations to my lovely clients Lynda and Morris — it’s closing day, you made it, you did it! Here’s to you and your happiness in your new home — I am so excited for you! As most folks know by now, real estate in the time of Covid is anything but slow or on hold.

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Some notaries are saying no to RON

Housing Wire

California has distinguished itself as the state that may never accept remote online notarization (RON). The state has no legislation permitting RON, and has even gone so far as to write to Congress opposing proposed bills that would make RON legal in all 50 states.

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Pandemic Sped Up U.S. Housing Changes Already Underway

Point2Homes

Image: Sundry Photography / Shutterstock.com. Since March, more and more Americans have found themselves working from home and no longer tied to daily commutes to their offices in city centers.

People movers: Amherst, Notarize, Zillow Group

Housing Wire

The Amherst Group , a real estate investment, development and operating firm, announced another executive-level appointment, hiring Gillian Sutton Cho as chief operating officer of investment management.

How to Fix Temperature Variations In Your Home and Save Energy

Point2Homes

Image: Olivier Le Moal / Shutterstock.com. High energy bills can hint at various problems around the home that are causing temperature variations and putting a strain on HVAC systems. Fortunately, many such issues are fairly easy to identify, and pretty easy and affordable to fix.

Real Trends Top 25 Real Estate Agents Websites RANKED

The Close

Have you ever wondered how your personal real estate agent website stacks against the top 25 agents on the Real Trends 500? Well, wonder no more. To see how the masters of the real estate universe roll online, we decided to take a deep dive into their websites and kick the tires a bit.

Nation’s Stock of Second Homes

Eye on Housing

According to NAHB estimates, the total count of second homes was 7.5 million, accounting for 5.5% of the total housing stock in 2018, the most recent data available. As of 2018, the state with the largest stock of second homes was Florida (1.1 million), accounting for 14.5% of all second homes.

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REAL Trending Special Edition: Technology Trends

Real Trends

Eric Stegemann, CEO of Tribus. With the Pandemic came faster technology innovation and more adoption. Stegemann talks about some of those trends and more in this informative discussion on real estate technology trends. podcast Podcasts Real Trending

CEO Exchange: ‘Technology Shouldn’t Be a Band-Aid for the Short-Term’

RIS Media

Technology. It’s a hot topic in any industry in today’s COVID world as businesses have had to pivot to stay productive while maintaining safe, social distancing protocols. The topic was recently discussed at RISMedia’s Real Estate CEO Exchange, held this year on Sept.

Fresh NAR report reveals the housing and lifestyle trends of COVID-19

The American Genius for Real Estate

(REAL ESTATE ASSOCIATIONS) This latest NAR report on housing and lifestyle shows some interesting trends based on COVID-19 and overall cultural changes. The post Fresh NAR report reveals the housing and lifestyle trends of COVID-19 appeared first on The American Genius Real Estate.

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NAHB: Remodeling Industry Confidence Surges in Third Quarter

RIS Media

The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) in the third quarter of 2020, posting a reading of 82. The finding is a signal of residential remodelers’ strong confidence in their markets, for projects of all sizes.

Kids These Days! Gen Z Is Buying Up Homes in These 10 Cities

Realtor.com

DenisTangneyJr/Getty Images While millennials are seeking out starter homes and baby boomers are hoping to downsize, Generation Z is trying to elbow its way into the frenzied housing market marked by record-low mortgage rates and all-time-high home prices.

Halloween 2020: Making it Fun and Safe

RIS Media

This Halloween, health experts suggest that finding safe ways to celebrate can make the day playful and exciting. While some activities like dressing up and decorating pumpkins hardly need to change at all, others may need a bit of a twist: .

Mortgage and refinance rates today, October 16, 2020

The Morgtage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower again yesterday. And conventional loans today start at 3.125% (3.125% APR) for a 30-year, fixed-rate mortgage. Yesterday’s suggestion from Freddie […]. Mortgage Rates Now

5 Tips for More Dramatic Lighting in Your Home

RIS Media

Though often overlooked, lighting is one of the most complex elements of interior design. It can set the mood, illuminate a workspace or put the spotlight on your favorite work of art. So, if you want to add a touch of visual drama to your home, the lights are always a good place to start.

Digital Drivers License Coming To Florida

Waterfront Properties

Important news for Florida drivers, you will soon be able to access your driver’s license on your mobile device. Earlier this week, the Florida Department of Highway Safety and Motor Vehicles announced that Floridians will be able to access their drivers licenses digitally.

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New LGBT group partners with Engel & Völkers, National Fair Housing Alliance

Inman

Launched this month, the LGBTQ+ Real Estate Alliance will work to fight housing discrimination based on sexual orientation and gender identity.

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Service Before Opportunity: The Ultimate Guide to Business Building

RIS Media

What : To be a successful agent, there needs to be a mindset shift from transactions and profits to service. Don’t go searching out opportunities to increase your sales; instead, focus on providing the best service to your clients, and from there, the opportunities will come.

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Washington Nationals Star Max Scherzer Selling $15M Virginia Mansion

Realtor.com

realtor.com, Kevin C. Cox/Getty Image After buying a Florida mansion a few months ago, the Washington Nationals ace Max Scherzer is now ready to part with his gorgeous Virginia home. His modern mansion with Potomac River views in McLean, VA, is now on the market for $15 million.

Minimalism vs. Maximalism: Which Style Is Right for Your Home?

RIS Media

Many homeowners want their interior design to be a reflection of their personal style. For some, that might be chic and metropolitan, while others prefer a casual, rustic look. As it turns out, two of today’s most popular design styles are on opposite ends of the spectrum: minimalism and maximalism.