Wed.Dec 22, 2021

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Mortgage apps fall as higher-end market takes off

Housing Wire

Mortgage applications fell 0.6% for the week ending Dec. 17, with fewer borrowers looking for purchases in the lower end of the market, according to the Mortgage Bankers Association (MBA) survey published on Wednesday. The decrease was driven by the purchases index falling 3.3% from the previous week on a seasonally adjusted basis. Concurrently, the refi index increased 2.2% from the week prior.

Mortgages 397
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The Perks of Putting 20% Down on a Home

Keeping Current Matters

If you’re thinking of buying a home, you’re probably wondering what you need to save for your down payment.

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Homeowners gain $9.1 trillion in housing value in 2021

Housing Wire

U.S. homeowners gained a whopping $9.1 trillion of housing value over the last year, according to a report published by Redfin this week. The report noted that home-price growth and a severe shortage of inventory worked in tandem to push housing values to record highs in 2021. As a result, the value of U.S. homes grew by 31.4% from last year to a total of $38.3 trillion in November, beating a 9.7% annual increase seen in November 2020.

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Canada’s Gap Between Real Estate Prices and Incomes Looks Ridiculous Beside US Data

Better Dwelling

Canadian and American real estate prices are both at frothy valuations, but look nothing alike. US Federal Reserve (The Fed) data shows home prices grew faster than incomes in Q2 2021 for both countries. The difference is, this has been a long-term trend for Canada since 2005. Meanwhile in the US, home prices have only […]. The post Canada’s Gap Between Real Estate Prices and Incomes Looks Ridiculous Beside US Data appeared first on Better Dwelling.

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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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Stewart Title buys largest title company in Illinois

Housing Wire

Just days after announcing its acquisition of Michigan-based Devon Title Agency , Stewart Title is back at it, announcing its acquisition of Greater Illinois Title Co. and subsidiaries on Tuesday. Chicago-based GITC is the largest title company in Illinois. Its subsidiaries include Greater Indiana Title , GIT Michigan , Greater Wisconsin Title , Greater Missouri Title and GIT Florida Title Services.

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Video of the Week: Take a Virtual Tour of a Modern Waterfront Villa in French Polynesia

Sotheby's International Real Estate

This prestigious two-level villa in Tahiti was designed by a renowned architect and recently completed. It offers panoramic view on Moorea, from the heights of Miri. ??. Tahiti, French Polynesia | Natacha Vongue & Claire Zidou, French Polynesia Sotheby’s International Realty. On the first floor, there are two large bright bedrooms with en-suite shower rooms, one terrace, one entrance hall and one covered garage for two cars.

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Canadian Real Estate Data Is More Opaque Than Tax Havens: Anti-Corruption Org

Better Dwelling

Canada is known around the world as a place with solid institutions and low levels of corruption. Apparently that claim is made with little data, since few people have ever seen it. The Organized Crime and Corruption Reporting Project (OCCRP) outlined their recent experience in a blog post. They were hoping BC’s money laundering reports […].

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How to Streamline Your Real Estate Social Media Content Creation

Jason Fox

How to Streamline Your Real Estate Social Media Content Creation. Looking to sell property, generate leads, or build trust in your community? Social media is crucial to getting your message out. Social networks are an important social and cultural institution of the modern world. Their rapid growth in popularity and usefulness since the early 2000s has made them part of our everyday experience.

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Why You Should Take a First-Time Homebuyer Workshop (and Graduate to Homebuyer)

Realtor.com

Getty Images. Buying your first home is an exciting milestone, and a complicated one. Never made an offer, shopped for a mortgage, read a contract, or negotiated contingencies? You may find yourself overwhelmed. Luckily, first-time homebuyer workshops taught by seasoned real estate professionals abound. Think of these classes as primers to help you understand the homebuying process, step by step.

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Mortgage and refinance rates today, Dec. 22, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose yesterday. And they went higher than I was expecting. Still, they remain well below the high for the last 30 days. […].

Mortgages 115
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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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How advertising can make people unhappy and what to do about it

The American Genius for Real Estate

(REAL ESTATE MARKETING) Ads might be fun, but are they also reducing our overall happiness? Advertising is about adding to customers' lives, not taking away. The post How advertising can make people unhappy and what to do about it appeared first on The American Genius Real Estate.

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This Winter Is an Ideal Time to Sell Your Home

Coldwell Banker

The market remains hot, but it’s still important to make sure your property appeals to buyers before listing. Check out a few easy steps you can take to help your home stand out and sell quickly. The post This Winter Is an Ideal Time to Sell Your Home appeared first on Coldwell Banker Blue Matter.

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Zillow Local Forecasts

BubbleInfo

The Zillow 1-Year Forecasted Values are down 1-2 points from their previous guesses last month, but still very strong. This is their third consecutive month with similar forecasts: NW Carlsbad, 92008: SE Carlsbad, 92009: NE Carlsbad, 92010: SW Carlsbad, 92011: Carmel Valley, 92130: Del Mar, 92014: Encinitas, 92024: Rancho Santa Fe, 92067: For those who […].

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Refresh Your Interior Design for the New Year

Coldwell Banker

Switch it up in 2022 with little effort or cost: It’s fast, easy and satisfying. The post Refresh Your Interior Design for the New Year appeared first on Coldwell Banker Blue Matter.

Design 110
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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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U.S. Existing Home Sales Rise in November to Highest Level in Ten Months

Realtor.com

Getty Images The numbers: U.S. existing-home sales rose 1.9% to a seasonally adjusted annual rate of 6.46 million in November, the National Association of Realtors said Wednesday. That is the third straight monthly gain and the highest level since January. Compared with November 2020, home sales were down 2%. Economists polled by The Wall Street Journal had expected an increase to 6.5 million units.

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Is It Time to Rightsize Your Home?

Coldwell Banker

Whether you’re an empty nester with unused rooms or need more space to raise your growing family, finding a home that fits your current lifestyle may be the best option. The post Is It Time to Rightsize Your Home? appeared first on Coldwell Banker Blue Matter.

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2022 Guide to Real Estate Marketing

Realty Biz

The New Year is soon to be upon us, and real estate professionals need to be prepared for what’s to come. 2022 is likely to remain a strong seller’s market as the prior year has been as buyer demand – and sales prices – show no signs of leveling off anytime soon. There are several factors at play here, most notably property shortages combined with highly affordable mortgage rates, and with predictions for rampant home price increases on the way now is the time to ensure you’re ready for the next

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Bay Ridge Limestone on Doctor’s Row With Wainscoting, Passthrough Asks $1.48 Million

Brownstoner

In Bay Ridge's lone historic district, this early 20th century limestone still has the feature that defined the houses on this stretch of Bay Ridge Parkway: a doctor's office in the English basement. In the residence above, 459 Bay Ridge Parkway also has some original details on display, including wood… Read More > The post Bay Ridge Limestone on Doctor’s Row With Wainscoting, Passthrough Asks $1.48 Million appeared first on Brownstoner.

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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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Exclusive: Erin and Ben Napier Share Baby News, Their Secret Getaway, and What’s Behind the Scenes on ‘Home Town’

Realtor.com

Discovery+ Erin and Ben Napier have quickly become HGTV’s Southern sweethearts. With heartwarming renovations on “Home Town” and their spin-off “Home Town Takeover,” the Laurel, MS, couple fill their shows with heart, warm design styles, and a deep appreciation for not-so-sleepy small-town life. And now, Ben and Erin are busier than ever, with a second baby girl, named Mae , and a new show, “Home Town Kickstart” (coming in spring 2022).

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Daily Links: Pandemic Surge Leads to Cancellation of Adams Inauguration at Kings Theatre

Brownstoner

In the News How to Find a Coronavirus Test in New York City [NYT] NYC Architects Are the Latest White-Collar Workers Drawn to Unions [NYT] Inside Radhika Jones’ New $6.25 Million Cobble Hill Home [NYP] Over 200,000 Brooklynites Got Tested for Covid in Seven Days [BP] Brooklyn Lab Gets Warning From AG Over Covid Test… Read More > The post Daily Links: Pandemic Surge Leads to Cancellation of Adams Inauguration at Kings Theatre appeared first on Brownstoner.

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Mortgage Purchasing Activity Strengthens

Eye on Housing

The latest Mortgage Bankers Association’s (MBA) weekly application surveys shows a decline for refinancing and an increase for mortgage purchase loans. The 30-year fixed-rate mortgage rate increased, averaging close to 3.3 percent for the month and was 3.27 percent for the week ending December 17.

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This Ugly House: We Level Floors, Reinforce Brick Nogging in Bed Stuy Wood Frame

Brownstoner

Editor’s note: Welcome to the second installment of This Ugly House, a reader renovation diary. We’re excited to publish this tale of a hands-on renovation of a wood-frame house in Bed Stuy. See the first one here. The author also blogs at www.thisuglyhousenyc.com. The most noticeable flaw of our recently purchased… Read More > The post This Ugly House: We Level Floors, Reinforce Brick Nogging in Bed Stuy Wood Frame appeared first on Brownstoner.

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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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Best reasons to use a mortgage co-borrower

The Mortgage Report

Should you work with a co-borrower on your mortgage? With the right person, you could be a homeowner much sooner.

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Tenants Protest Lack of Accessibility at Crown Heights Building

Brownstoner

For months, Crown Heights tenants have demanded that the building’s management company build a ramp to provide accessibility for neighbors with mobility difficulties. All they have gotten in return is a two-line letter saying the company will consider it, sent in April. Residents of 283 Albany Avenue gathered at the front… Read More > The post Tenants Protest Lack of Accessibility at Crown Heights Building appeared first on Brownstoner.

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Terrific Old-School Tudor in Jacksonville Is Bursting With Character

Realtor.com

Realtor.com Known as “Arbor Abbey,” a brick Tudor manor with an opulent interior is on the market for the first time in over four decades. Bulit in 1932, the home in Jacksonville, FL, is now available for $2.45 million. The stately, three-bedroom residence is gorgeous from the outside. Inside, the home will leave a visitor with a case of sensory overload.

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Selling a House without a Realtor

CT Homes

Can California homeowners and investors sell their homes without using a real estate agent? More importantly, if they can, should they? Property owners and investors make these decisions every day. While there are certainly advantages to neglecting the assistance of a real estate agent, those trying to save money will find that it could end up costing them a lot more than they anticipated.

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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.

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Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board raise more than $134,000 for B.C. disaster relief

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: Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board raise more than $134,000 for B.C. disaster relief. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction.

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Pandemic Effect: Google Search Terms Reveal Changing Housing Preferences [3-Year Analysis]

Point2Homes

As the world’s ultimate data and information repository, Google has answers and tips for all the queries out there. In fact, it’s the go-to place for all of the renters who want a bigger apartment as well as the first stop for home-seekers looking for their ideal home. As such, Google Trends is the best source for gauging the short-term influence and long-term effects of an event as life-changing as the Covid-19 pandemic.

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Mike Singletary Hopes To Tackle a Buyer for His $1.7M Dallas Home

Realtor.com

Getty Images / Realtor.com The Pro Football Hall of Famer Mike Singletary is tackling the sale of his Dallas home. The former 49ers head coach is asking $1,699,000 for his custom residence. In 2020, he left his most recent gig at Trinity Christian Academy in Addison, TX, a high school he had been coaching from 2018. Now the Texas native has also vacated his home.

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Jason Yochim named EO of Vancouver Island Real Estate Board

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: Jason Yochim named EO of Vancouver Island Real Estate Board. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The Vancouver Island Real Estate Board has appointed Jason Yochim as the new executive officer for the organization.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.