Fri.Oct 16, 2020

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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. Join Jornaya ’s Head of Consumer Finance Mike Eshelman and Chief Marketing Officer Rich Smith as they discuss consumer shopping trends and the impacts on the housing industry.

Mortgages 545
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How to Prepare for a Bidding War [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home. Reach out to a trusted real estate professional today to be sure you have the guidance you need as the competition for homes heats up this season.

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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. The LGBTQ+ Real Estate Alliance, which officially launched on Oct. 1, is an inclusive member-based organization dedicated to enhancing the professional lives of its members while providing consumers with the proper resources to assist in buying and selling their home.

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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. South Dakota had the smallest stock, approximately 20,000 second.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

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

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Homes in high-risk wildfire areas are more affordable

Housing Wire

Wildfires continue to rip through the west coast, but that doesn’t mean homebuyers won’t purchase in high-risk areas. More than 4.5 million homes are located in areas at high risk of wildfire across the states of Washington, Oregon and California, with a total estimated home value of $3.3 trillion, a new Redfin report said. Since 2012, the median sale price of homes in ZIP codes with a low wildfire risk has increased 101% compared to an 88% increase for homes in high-risk ZIP codes,

Marketing 507

More Trending

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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. Oct. 9 marked the first week forbearances fell below 3 million since April, and despite last week’s uptick, that record held steady after a reported 2.99 million homeowners remained in COVID-19-related for

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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 . The low-slung house was immortalized by several important photographers including Slim Aarons, whose popular 1970 photograph “Poolside Gossip” features two fashionable women lounging by the pool in midriff-baring outfits, the house and the silhouette of the desert mountains providing the backdrop.

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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. In her new position, she is responsible for all investor-facing services and operations, and for growing assets under management for all Amherst strategies.

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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. Scherzer purchased the home in August 2015 for $5.2 million, shortly after signing a seven-year, $210 million contract with the Nationals.

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The 2025 Real Estate Roadmap to Success

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.

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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. According to an amended S-1 submitted to the Securities and Exchanges Commission on Thursday, Guild, through parent firm Guild Holdings, is expected to price its initial public offering between $17 and $19 per share as early as next week. The retail and correspondent lender plans to issue 8.5 million Class A shares (plus an option for the underwriters, Wells Fargo, BofA Securities and JPMorgan Chase, to

Mortgages 370
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ULI Report: COVID-19 Accelerates Change in Real Estate Industry

RIS Media

The Urban Land Institute (ULI) and PwC US recently released its “ Emerging Trends in Real Estate ® 2021 report,” which highlights proprietary data and insights from more than 1,600 leading real estate industry experts, explores how COVID-19 accelerated many existing trends like retail footprint reductions—while it spawned new ones such as an increased focus on social justice and health and wellness—and stopped others in their tracks like the appeal of big cities.

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

The Mortgage Report

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

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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. These predominantly first-time buyers are purchasing property mostly in the nation’s more affordable metropolitan areas that boast much more reasonable home prices than the high-priced coasts, according to a recent LendingTree study.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Most Teleworkers Expect to Continue At Home, Even After COVID Vaccine

Eye on Housing

About 3 out of every 10 American adults are currently working from home, on a full- or part-time basis. The finding comes from a recent poll of a representative sample of over 17,000 adults conducted for NAHB by Morning Consult. Gen Z’s made up 12% of respondents, Millennials and Gen X’ers were each 26%, and Boomers another 33%. In terms. Read More › The post Most Teleworkers Expect to Continue At Home, Even After COVID Vaccine first appeared on Eye On Housing.

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We’re Spellbound by These 5 Cozy Kitchen Design Ideas From Instagram

Realtor.com

YinYang/Getty Images Fall’s cooler weather means it’s time to get cozy at home, and there’s arguably no better spot to do that than in the kitchen. You know what we mean: Think lazy Saturday afternoons around the kitchen island, while a pot of hearty soup simmers on the stove and the aroma of baked goods fills the room. Now, shouldn’t your kitchen decor match that mood?

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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. The demand for home improvement is robust given the importance of home for Americans as the economy recovers and adapts from the impacts of COVID-19. “With refinancing activity surging, homeowners are investing in their homes,

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Robust Gains for August Single-Family Permits

Eye on Housing

Over the first eight months of 2020, total single-family permits issued year-to-date (YTD) nationwide reached 616,856. On a year-over-year (YoY) basis, this is an 6.9% increase over the August 2019 level of 576,798. Year-to-date ending in August, single-family permits across the four regions ranged from an increase of 9.8% in the South to a decline of 1.8% in the Northeast.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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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. 17 as an all-day virtual event co-presented by the National Association of REALTORS ®.

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Mortgage and refinance rates today, October 16, 2020

The Mortgage 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 […].

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A Laissez-Faire Mind For Design

American Lifestyle

The post A Laissez-Faire Mind For Design appeared first on American Lifestyle Magazine.

Design 111
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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. If you’re unsure what’s right for your home, read on to find out which style most reflects your personality.

Design 111
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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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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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. Here are several ways to make your home stand out after the sun goes down.

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Early Voting Begins Monday In Florida

Waterfront Properties

Registered voters in the State of Florida have the opportunity to vote a few weeks early ahead of the 2020 Election. Early voting in Florida opens Monday, October 19th through Sunday, November 1st. Hours and dates may vary based on where you live. Early voting is when a person casts a ballot prior to Election Day at a location designated by the Supervisor of Elections.

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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: . Halloween Treats – Spend more time than usual creating dinner and treats as a family. Decorate a pizza with toppings in the shape of a jack-o’-lantern.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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A Colonial Revival in Flatbush and Three More Open Houses to See, Starting at $899K

Brownstoner

Our open house picks this week offer appealing historic details alongside modern upgrades, and two have parking. At least three appear to be in move-in condition. Ranging in price from $899,000 to $1.925 million, they are found in Brownsville, Flatbush, Prospect Park South and Crown Heights. Keep in mind that… Read More > The post A Colonial Revival in Flatbush and Three More Open Houses to See, Starting at $899K appeared first on Brownstoner.

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4 Reasons You’ll Love Living in a Resort Community

RIS Media

We all know what it’s like to be on vacation and wish it would never end. Fortunately, there’s one foolproof way to make that come true: living in a resort community. Whether you’re looking for a place to retire or a second home where the whole family can go to spend time together, there are plenty of reasons why luxury homeowners choose to live in this type of location.

Design 101
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2021 Moving Survey

BubbleInfo

Let’s get some intel on how people feel about moving next year! Take this survey, and when completed, you can share it on social media. I’ll publish the results on Tuesday: The post 2021 Moving Survey appeared first on bubbleinfo.com.