Housing Wire
JULY 30, 2021
In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. The problem is, rushing to buy property might force you to settle for a house that won’t reward you financially.
Keeping Current Matters
JULY 30, 2021
Some Highlights. If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on your buying power no matter your price point. Don’t assume waiting will save you money.
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Housing Wire
JULY 30, 2021
The issue of tight housing inventory is multifaceted but is there a political solution? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review. We’ve broken down some of the data below, but be sure to take a deeper dive into the report by clicking here. The post Is there a political fix to the housing shortage? appeared first on HousingWire.
GeekEstate
JULY 30, 2021
One key way to future-proof your property management business is to use the right technology. Spreadsheets, paper ledgers and even existing software can quickly become outdated in such a fast-paced environment, so it is likely that – at some point – your business will benefit from a system upgrade. As the industry continues to evolve, new software features and landlord benefits are constantly emerging.
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
Housing Wire
JULY 30, 2021
After a tumultuous year for lumber prices and the homebuilding industry, a light has finally emerged at the end of the tunnel. But builders aren’t out of the woods quite yet. Lumber prices, a source of builder and construction company angst for approximately 15 months, are officially falling, as the price that sawmills charge distributors for cut lumber is down for the eighth consecutive week.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JULY 30, 2021
The exit of major banking institutions like Wells Fargo and Bank of America from the reverse mortgage market in the past decade has made the importance of forging referral partnerships with financial planners all the more important to the proliferation of new reverse mortgage business, since proximity to a variety of clients can be key to the origination of reverse mortgages for new clients.
Eye on Housing
JULY 30, 2021
Of the 17% of American adults considering a future home purchase in the second quarter of 2021, 61% have moved beyond planning and are already actively trying to find one to buy. This share of active buyers has increased for six straight quarters, a trend that began after the final quarter of 2019 when it stood at 43%. In the.
Housing Wire
JULY 30, 2021
HousingWire recently sat down with Total Expert Director of Technology Alliances Josh Lehr to learn more about recent trends around direct-to-consumer lending. HousingWire: How have trends around direct-to-consumer lending changed over the past year? Josh Lehr: Pre-pandemic, online home buying existed, but over the last year, shopping online for mortgages became much more popular and convenient as meeting in person with a loan officer was not an option.
HomeLight
JULY 30, 2021
Imagine living in a rustic home that invites the outdoors in. One where you can enjoy the cool evening breezes gliding through your home and sip your morning coffee overlooking your back porch. That’s the lifestyle of the dogtrot house. The name dates back to some of the earliest residences in the country and references the heat of the day when it’s so hot, the dogs seek a shady spot for an afternoon nap.
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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.
Housing Wire
JULY 30, 2021
The post How to be a Savvy First-Time Homebuyer appeared first on HousingWire.
The Mortgage Report
JULY 30, 2021
You may be able to buy a home on $50,000 a year with today's low interest rates and special mortgage programs. Learn more here.
Housing Wire
JULY 30, 2021
It was August 2020 , six months into a global pandemic, when I laid out what I thought at the time was a compelling case against a wave of foreclosures similar to the one that the nation experienced during the Great Recession. A year later, and with the benefit of 20/20 hindsight, I’m more convinced than ever that when government borrower protections finally do expire, we’ll see a relatively soft landing when it comes to foreclosures.
HomeLight
JULY 30, 2021
So you’ve decided to sell your house. Great! You’re ready to clean up and mow the lawn, but what about paint? Do buyers expect to see freshly painted exteriors and interiors when they tour a potential new home? We interviewed top Rhode Island real estate agent Sam Alpern and collected return on investment data to help you determine if painting your home for sale is worth it.
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.
Better Dwelling
JULY 30, 2021
The Canadian economy is improving, excluding some minor hiccups like this morning’s GDP. An improved economy needs less stimulus, and that means higher mortgage rates. To see what Canada is in for, we modeled a forecast range for 5-year fixed-rate mortgages. If Canada doesn’t go into a double-dip recession, much higher mortgage rates are coming. […].
BubbleInfo
JULY 30, 2021
NEW YORK, July 29 (Reuters) – Beset by COVID-19 and its fallout, local landlords are offloading their properties to cash-rich institutional investors, and America’s real-estate market may never be the same. Before the pandemic, boyhood friends Michael Murano and Richard Tyson owned 96 rental units in their hometown of Rochester, New York. They offered accommodation […].
RIS Media
JULY 30, 2021
Real estate agent safety is an important topic that is often overlooked in many discussions. While no one plans to be in a dangerous situation, agents should be prepared for any possibility. In the most recent Secrets of Top Selling Agents webinar, “ Don’t Be A Statistic ,” Jay Thompson shares some of his best safety tips to help agents be more aware and create a safety plan.
HomeLight
JULY 30, 2021
Buildings account for 40% of all energy consumption in the U.S. annually , with the residential sector accounting for as much as 21% of that figure. For the eco-minded, this is concerning. But what if there was a way for our homes to create as much, if not more, energy than they used every year? This capability is no longer the stuff of science fiction: Net-zero homes are designed to produce as much energy as they consume.
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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.
BubbleInfo
JULY 30, 2021
It’s looking more normal every day, though by the time the last sale is recorded, this month’s total should be around 300 sales (though the median SP will say about the same at +29% YoY): NSDCC (La Jolla to Carlsbad) July Sales Year Number of Detached-Home Sales Median Sales Price Median DOM 2016 273 $1,100,000 […].
The Mortgage Report
JULY 30, 2021
Learn how to become a landlord in 7 steps; from buying a rental property to managing and maintaining your home(s). Here's all you need to know.
RIS Media
JULY 30, 2021
As a real estate professional or affiliate service provider, do you ever wonder, “How can I elevate my productivity?”. If the answer is yes, you’ll find value in this post. The latest numbers show there are roughly 2 million licensed real estate agents in the United States. That’s about one agent for every 52 households. About 65% of these agents (1.3 million) choose to be held to a higher standard and join the National Association of REALTORS®.
American Lifestyle
JULY 30, 2021
The post Designing Backyard Splendor appeared first on American Lifestyle Magazine.
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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.
Brownstoner
JULY 30, 2021
At a public hearing Thursday afternoon in front of the City Planning Commission, local residents, advocates and politicians testified in fervent opposition to a planned controversial development in southern Crown Heights. “The community has spoken, again and again. They have spoken, and have been loud and clear,” Assembly Member Phara… Read More > The post Community Fiercely Rejects Planned Crown Heights Development at City Planning Hearing appeared first on Brownstoner.
American Lifestyle
JULY 30, 2021
The post Will Housing Inventory Increase in 2021? appeared first on American Lifestyle Magazine.
HomeLight
JULY 30, 2021
Bedding trends come and go, so where do bed skirts stand? “Bed skirts are very much falling out of style. I haven’t seen one in ages,” says Amy Rio , an award-winning real estate agent with 34 years of experience selling homes in Connecticut. But even Rio, a proponent of ditching the bed skirt and embracing a modern look, agrees there are some exceptions homeowners should know before ditching their bed skirts.
RIS Media
JULY 30, 2021
The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). The data provide insights into borrowers’ experiences obtaining residential mortgages. Since 2014, FHFA and CFPB have sent surveys each quarter to borrowers who had recently obtained mortgages.
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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.
HomeLight
JULY 30, 2021
The Texas housing market is currently hotter than the state’s blazing summer sun, making now an ideal time to sell your Fort Worth home fast. The Dallas-Fort Worth area is experiencing a gold rush of sorts when it comes to real estate. In the spring of 2021, the three-month average for days on the market dropped from 102 days to 67 days — a new record.
The Mortgage Report
JULY 30, 2021
Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. We’ve been having these tiny ups and downs all week. And they really make very little difference. Early movements […].
HomeLight
JULY 30, 2021
You’re scrolling through your texts: Your friend asked you to meet for coffee, your sister sent a cute pic of her puppy, a complete stranger offered you cash for your house — wait, what? Your home isn’t for sale. If you’re fielding phone calls, text messages, and postcards from people who want to buy your home — for cash, nonetheless — you’re not alone.
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