Wed.Jan 12, 2022

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Two Ways Homebuyers Can Win in Today’s Market

Keeping Current Matters

If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market.

Marketing 290
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Housing inventory crisis continues in 2022

Housing Wire

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently.

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Four Canadian Banks Urge The BoC To Raise Rates, Another Is Warning Home Buyers

Better Dwelling

The kings of Bay Street aren’t happy with Canada’s central bank, and they’re no longer holding back criticism. Four of the “Big Six” banks have recently urged the Bank of Canada (BoC) to raise the overnight rate. Another bank hasn’t urged action, yet. However, they’ve warned consumers of the risk of buying a home at […]. The post Four Canadian Banks Urge The BoC To Raise Rates, Another Is Warning Home Buyers appeared first on Better Dwelling.

Banks 145
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Purchase loans drive mortgage applications higher

Housing Wire

Mortgage applications climbed 1.4% for the week ending Jan. 7, 2022, according to a survey published by the Mortgage Bankers Association this week. The growth was buoyed by a 2% increase in the trade group’s seasonally adjusted purchase index, the MBA said. Per the report, the unadjusted purchase index increased 51% compared to the previous week but was 17% lower than the same week one year ago.

Loans 451
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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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Get the Most Out of Your Educational Social Media Content

RIS Media

When it comes to leveraging social media to drum up business in the new year, providing content that educates your audience on real estate is a great way to promote and build trust in your brand. With access to market data and other valuable information, agents can build a winning digital marketing strategy to package and present their educational content on social media.

Agents 144

More Trending

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Video of the Week: The Soaring Cerulean Penthouse in Queensland, Australia

Sotheby's International Real Estate

Luxurious contemporary living where the sky meets the sea epitomises this 16th level single level penthouse, the only penthouse in the newly completed Main Beach boutique high-rise, Cerulean. ?. Queensland, Australia | Kim Sharpe, Queensland Sotheby’s International Realty . As the internal lift doors open to reveal magical indoor and outdoor living with vistas to the coastal landscape and seashore, it is clear the north-oriented penthouse is bespoke, well-considered and designed in harmony

Design 142
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Guaranteed Rate closes Stearns wholesale channel

Housing Wire

Chicago-based Guaranteed Rate will discontinue its third-party wholesale channel, Stearns Wholesale Lending , just one year after it acquired the multichannel lender. “Guaranteed Rate will continue to thrive and win market share by having a laser focus on leveraging our industry-leading purchase platform augmented by the best loan officers in the business,” Guaranteed Rate CEO Victor Ciardelli wrote in an email to brokers that HousingWire reviewed.

Closing 388
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Bank of Canada Will Raise Rates 500% This Year, To Start Within Weeks: National Bank

Better Dwelling

Canada’s central bank is about to take away the punch bowl real estate has been binging on for the past few years. The National Bank of Canada (National Bank) has forecast interest rates will rise over the next few weeks to combat inflation. Canada’s freshly lowered neutral rate means this will top out fairly fast, […]. The post Bank of Canada Will Raise Rates 500% This Year, To Start Within Weeks: National Bank appeared first on Better Dwelling.

Banks 136
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First American to acquire Mother Lode Holding Company

Housing Wire

First American Financial Corporation , the second largest of the “Big Four” title insurers, announced plans to acquire Mother Lode Holding Company and its subsidiaries on Wednesday. The financial terms of the deal were not disclosed, and the closing of the transaction is subject to regulatory approval. Mother Lode Holding is a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 92 offices in 11 states.

Title 384
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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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Inflation Hits 39-Year High

Eye on Housing

Led by higher prices for shelter and used vehicles, consumer prices soared by 7.0% in December from a year ago. It was the largest year-over-year gain since June 1982. However, energy prices fell in December, ending a long series of increases. Supply-chain constraints and strong consumer demand related to the pandemic and the reopening of the economy have contributed to.

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Democratizing Real Estate Investing

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Rhove.]. Rhove enables any consumer over the age of 18 to invest in real estate projects with as little as $1. Investable projects include co-living, co-working, and commercial real estate in new, existing, and repurposed developments.

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The Adamo Group Lists The Enclave Luxury Townhomes in Old Tappan

Coldwell Banker

The Adamo Group Lists The Enclave, A New Community Of 79 Boutique Townhomes In Old Tappan, N.J. The post The Adamo Group Lists The Enclave Luxury Townhomes in Old Tappan appeared first on Coldwell Banker Blue Matter.

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Be Smart About Paying Off Your Mortgage Early

Realty Biz

The second American Dream is owning your home free and clear. It comes right after buying a home in the first place. Millions of Americans take action to pay off their homes early instead of dragging it out for 30 years at an extra cost of tens of thousands of dollars. However, there is a right time and the right methods to go about this. For a primer on how to do it correctly, read the article: How to Pay Off Your Mortgage in a Few Short Years.

Mortgages 110
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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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How much will home prices slow down in 2022?

The Mortgage Report

The rate of home price growth surged to never-before-seen heights in 2021. That should drop in 2022 but by how much?

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Must-Have 2022 Furniture Pieces

RIS Media

Often, updating a piece or two in a space can give it a fresh look and feel. If you’re looking for a few strategic pieces to give your home a refresh for the new year, you can accomplish this without a complete redesign. Read on to find out the must-have furniture pieces for the year ahead and how to incorporate them into your home. Curved Furniture.

Lending 105
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How to get a mortgage: Explained by a loan officer (Podcast)

The Mortgage Report

Learn how to get a mortgage, choose a lender, and find the best deal on your home loan in this episode of The Mortgage Reports Podcast.

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Remote Ski Towns You Need to Visit

RIS Media

If exploring the road less traveled is your vacation style, leave the resort towns to the masses and plan a vacation to an undiscovered ski town this winter. You will benefit from shorter lines, fewer crowds and beautiful scenery, delicious restaurants and exploring uncharted territory. Read on to learn more about lesser-known resort towns and why you should book your next trip ASAP.

As-is 105
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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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December TRREB Stats: The Storm Before The Storm

Toronto Realty Blog

TorontoRealtyBlog. Are you a baseball fan? Probably not. There aren’t a lot left anymore. I’m what you might call a “purist” in that I don’t like change. I like the game the way it always was, and I hate the notion of making changes to the integrity of baseball in attempts to attract new (read: youn g ) fans. Baseball is a special sport.

Sales 105
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Small Ways to Make a New House Feel Like Home

RIS Media

Whether you move into a new, custom build or a 100-year old house, it simply doesn’t feel like home until you’ve added the touches that make your home uniquely you. Maybe your home was custom designed before you moved in, or perhaps you’re planning on slowly redesigning it over time. Whichever your scenario, there are a few easy ways to make the house feel like yours, even if you just moved in.

Design 105
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Rising Mortgage Rates

BubbleInfo

Mortgage rates have been rising steadily: 2022 has gotten off to a bad start for the bond market and consequently, mortgage rates. The pace has been on the aggressive side with the average lender seeing an increase of more than a quarter of a point in a week and 3/8ths of a point in 2 weeks. The most […].

Mortgages 105
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Transitioning From Holiday to Winter Decor

RIS Media

Just because the holidays are over doesn’t mean you need to let go of the cozy warm decor. After you put away the overtly seasonal decorations, you can still leave out your winter accents to maintain the inviting warmth of the holidays all winter long. Read on for tips on creating a cozy space this winter as you transition your home’s holiday decor to winter accents.

As-is 105
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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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Racing the Rates—Should You Sell Your House Now?

Lighter Side of Real Estate

Typically it’s buyers who are most concerned about rising mortgage interest rates, and for good reason. A small jump in rates will cost them a few more bucks per month for the same house than it would’ve if they hadn’t waited to make an offer and lock in a rate. Add a few of those rate hikes together before they buy, and the added cost can be really aggravating.

Mortgages 105
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Should you refinance before retirement?

The Mortgage Report

Refinancing your mortgage before retirement has its benefits, but it may not make sense for everyone. Learn if you should refinance before retirement.

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Get Some Tips on Decorating on a Budget With This 1942 Brooklyn Heights Apartment Makeover

Brownstoner

It might be a bit harder to decorate a Brooklyn apartment for less than $500 these days, but that is what one couple was able to do in 1942. With some careful budgeting, creative reuse of secondhand finds, a splash of color and "lots of elbow grease," the studio apartment… Read More > The post Get Some Tips on Decorating on a Budget With This 1942 Brooklyn Heights Apartment Makeover appeared first on Brownstoner.

Design 98
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Housing Experts Divided on Whether Sales Will Rise or Fall in 2022

RIS Media

An outside panel of economists and housing experts who participated in Zillow’s most recent Home Price Expectations Survey, were evenly split on whether sales will rise or fall in 2022, as concerns over worsening affordability collide with expectations for rising inventory. When asked whether sales will rise or fall in 2022 compared to 2021, 41% of participants said sales will grow, 41% predict a slowdown, and 18% believe sales will remain roughly the same. “In America’s frenzied pan

Sales 98
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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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With End of Eviction Moratorium Looming, Housing Activists Fight for Extension and Winter Ban

Brownstoner

Tenants and housing activists marched through Brooklyn and Manhattan on Saturday, calling for an extension to the eviction moratorium and a blanket end to cold-weather evictions in New York City. The moratorium was put in place in March 2020, as New Yorkers across the state had their working hours slashed, or… Read More > The post With End of Eviction Moratorium Looming, Housing Activists Fight for Extension and Winter Ban appeared first on Brownstoner.

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Mortgage Applications Increase in Latest MBA Weekly Survey

RIS Media

Mortgage applications increased 1.4 percent from one week earlier, for the week ending January 7, 2022. According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, the Market Composite Index, which measures the mortgage loan application volume, increased 1.4 percent on a seasonally adjusted basis from one week earlier.

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East Flatbush Row House With English Basement Studio, Clawfoot Tub, Central Air Asks $1.485 Million

Brownstoner

"Here's a bargain," the ads proclaimed for this house back in 1899 while touting its modern features like gas fixtures, wood trim, a built-in buffet and a furnace. The single-family row house at 23 Fairview Place in East Flatbush has lost some of those original details but is in move-in… Read More > The post East Flatbush Row House With English Basement Studio, Clawfoot Tub, Central Air Asks $1.485 Million appeared first on Brownstoner.