Tue.Jun 01, 2021

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Should you buy a home in a super-hot housing market?

Housing Wire

The world has been dealing with a significant health crisis since the beginning of 2020. This has provided the American bear troll crowd numerous opportunities to pontificate about a likely long-lasting depression. If you bought into the theories being peddled by this crash-cult crowd (who, by the way, have been infecting the discourse of economics since the creation of social media and YouTube channels) then you would have believed that the second housing market bubble crash was imminent during

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6 Reasons to Celebrate National Homeownership Month

Keeping Current Matters

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point in 8 years. As National Homeownership Month kicks off this June, homeowners have every reason to celebrate.

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Biden tax credit to rehab homes is finally unveiled

Housing Wire

The Biden administration announced proposals to combat the racial wealth gap , including a tax credit to rehab homes for low and moderate-income homebuyers as part of the trillion dollar infrastructure package. The White House announced the measures ahead of a trip President Joe Biden made to Tulsa, Oklahoma to honor survivors of the Tulsa Race Massacre.

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Canada Now Dedicates More Investment Capital To Housing Than Business: BMO

Better Dwelling

Who needs businesses when your homes are making so much money? BMO chief economist Douglas Porter crunched residential investment data for Q1 2021. The bank found residential investment now represents a record share of Canada’s GDP. It’s now such a large share of GDP, more investment capital is going into housing than businesses. Canadian Housing […].

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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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Forbearance re-entries making life difficult for servicers

Housing Wire

Servicers’ forbearance portfolio volumes managed to drop one basis point last week to 4.18%, the 13th consecutive week of declines. However, some unfortunate trends are beginning to crystalize. Despite declines for nearly every investor type, last week’s positive numbers were offset by an 11 basis point jump in forbearance share for portfolio loans and private label securities, according to the latest data from the Mortgage Bankers Association.

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Canada Is Now 50% More Dependent On Housing Than The US At Peak Bubble

Better Dwelling

Canadian housing investment is swallowing the whole darn economy. Statistics Canada (Stat Can) data shows residential investment is at a record high in Q1 2021. The recent housing boom has allowed the segment to grow much faster than gross domestic product (GDP). Consequently, it now represents a much larger portion of the Canadian economy. The […].

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Going, Going, Gone! Homes Are Selling the Fastest in These Markets

Realtor.com

Searching for a house can feel like a full-time job these days—an adrenaline-fueled, palpitation-inducing job at that. In this blink-and-you-miss-it real estate market, homes in most places are coming on and off the market at a dizzying pace, as buyers (helped by record-low interest rates) are snatching up property at an unprecedented rate. It might seem like no matter where you look, homes are selling quicker than before the COVID-19 pandemic turned the market on its head.

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Meet Berkshire Hathaway HomeService’s new CEO

Housing Wire

Christy Budnick, Berkshire Hathaway HomeServices CEO. You may have never heard of Christy Budnick, but she is suddenly one of the most powerful people in residential real estate. Last week, Berkshire Hathaway HomeServices , a hulking network of franchisee brokerages, named Budnick its CEO. Budnick replaces Chris Stuart, who took a job as president of Place , a real estate technology platform for both brokers and agents.

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Facebook Advertising What Realtors Should Consider

Realty Biz

As of January 2021, Facebook was ranked as the top social media platform after surpassing 1 billion signed-in accounts. Currently, the online communication channel boasts of over 2.6 billion active monthly users. Besides taking the lead, Facebook boasts of owning WhatsApp, Instagram, and Facebook Messenger channels that enjoy over 1 billion users. With these vast numbers, you’ll be confident that whatever business you do, you’ll meet your target audience on Facebook no matter the industry.

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Foundation Title & Escrow expands into Georgia

Housing Wire

Tennessee-based Foundation Title & Escrow LLC announced another move in the Southeast, this time opening a branch in Georgia. The new branch will open in June and run by Kristie Parker, the company said in a release. “Foundation Title & Escrow is excited to serve a new state with our first office in Georgia,” said Chris Cantrell, CEO. “Our growth into this new region is a significant milestone for our company and comes as we look forward to further expansions of the company’s brand

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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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Scotiabank Cuts Worst-Case Scenario For Canadian Real Estate, Sees Higher Price Growth

Better Dwelling

One Canadian bank doesn’t see home prices coming down anytime soon. Scotiabank shared their latest risk forecast in their Q2 2021 earnings. As of April 30, 2021, the bank sees a better outlook than they did in January. Home price growth is forecast to accelerate in the base and best case scenarios. As for the […]. The post Scotiabank Cuts Worst-Case Scenario For Canadian Real Estate, Sees Higher Price Growth appeared first on Better Dwelling.

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Real Estate Q&A: Is HOA Responsible for Fixing Deck Damaged by Landscaper?

RIS Media

(TNS)— Q: Our homeowners association takes care of the landscaping for the entire neighborhood. Their vendor has damaged our deck twice. The first time they grudgingly fixed it, and now we are waiting over three months for the damage to be repaired. Now they are claiming it is not their responsibility. Do they have to fix our deck? — Margaret. A: The landscaper is responsible for the damage it caused.

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Ask Brian: What Can I Do About Adverse Possession?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Willis in NC: Hi Brian, We recently bought some acreage with a cabin in the country. It has a driveway shared with a neighbor behind us.

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10 Ways To Refresh Your House Without Spending A Lot

Agent Drive

Renovating homes is on the to-do lists of many people, but the thought of expenses holds them back. Since the cost of living is on the constant rise, people are compelled to think hard before splurging money. However, upgrading a home does not necessarily have to break your bank as people can renovate their spaces […]. The post 10 Ways To Refresh Your House Without Spending A Lot appeared first on AgentDrive.

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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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Leak Detection 101: How to Save Your Home from Water Damage

Rent, Buy & Sell

Water disaster is one of the major causes of damage in homes in London. It can also cost you billions of dollars. However, it is possible to protect your home from any water damages. London leak detection specialists are always available to handle any water damages. This article shares a few ways on how to evade water damage in your home. How to protect your house from water damage.

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The Ugly Truth: 4 Home Pricing Mistakes

McKissock

You know it all too well. When selling a home, your pricing strategy makes or breaks your chances for a quick sale. Pricing isn’t always a simple, straightforward process, and can often waste time and money and lead to frustration for both you and the seller. Here, top real estate agents and brokers share the most common home pricing mistakes they see and how to fix them: Mistake #1: Ending a price in 9.

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Lighthouse Sunset Tours On Wednesday Nights This June

Waterfront Properties

On Wednesday evenings, the Jupiter Inlet Lighthouse and Museum hosts their popular Lighthouse Sunset Tour for the public to get a chance to witness the incredible sunset over Jupiter. Climb the 105 steps to the top of the lighthouse tower and take in spectacular views. Those who attend the Sunset Tour will get a sneak peek inside the Lighthouse Watchroom to see how everything works and will get a chance to witness the light turn on for the night and illuminate the sky.

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How Much Are PO Boxes: Your PO Box Cost Guide

Maximum Exposure Real Estate

What Does a PO Box Cost? If you are considering using a PO box, you might have some questions. How much does a PO box cost? Is there a PO box near me? What size PO boxes are available? Can I get a refund if I don’t need it anymore? We’ll give you the answers […]. The post How Much Are PO Boxes: Your PO Box Cost Guide appeared first on Massachusetts Real Estate Exposure.

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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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Combatting Zoom Fatigue: Best Practices to Boost Engagement

RIS Media

It’s hard to imagine navigating the past year and continuing business operations without Zoom or other “pandemic technologies.” Tools like Zoom, however, are a double-edged sword for businesses. The surge in virtual meetings has resulted in widespread exhaustion, commonly known as “Zoom fatigue.” According to a Stanford study , this fatigue is real and can be a consequence of four main factors: excessive eye contact, increased time staring at yourself, reduced mobil

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Friday Night Summer Concert Series: Palm Beach Gardens

Waterfront Properties

This summer, Downtown Palm Beach Gardens is hosting a new Summer Concert Series every Friday night beginning in June through the end of August. The Summer Music Series will be held outdoors, and restaurants located within the Downtown will be participating in the event by offering special discounts and promotions. Every Friday night beginning at 7 pm the outdoor concert series will be taking place at the newly renovated Downtown Park.

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Canadian Mortgage Originations Jump 25%, While Every Other Debt Segment Falls

Better Dwelling

Canadians are more sparingly applying for credit… except when it comes to a new mortgage. TransUnion data shows credit originations generally fell in Q4 2020. Every segment saw an annual decline with the exception of mortgages. New mortgage originations jumped over 25%, as more people dive into the housing mania. Canadian Mortgage Originations Rise Over […].

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Anita Springate-Renaud’s winning formula sells city and cottage properties

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: Anita Springate-Renaud’s winning formula sells city and cottage properties. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. “That’s you!

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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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As an Asian American angel investor, I’m biased toward diversity, adversity

The American Genius for Real Estate

(EDITORIAL) In honor of AAPI Heritage Month, Max Diez offers his thoughts on how diversity can create a stronger business to invest in. The post As an Asian American angel investor, I’m biased toward diversity, adversity appeared first on The American Genius Real Estate.

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What Will Happen When the CDC Eviction Ban Ends?

Homes.com

When the CDC eviction ban expires — maybe as early as June 30 — up to 8 million tenants may face evictions. Then what? The post What Will Happen When the CDC Eviction Ban Ends? appeared first on Homes.com.

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President Biden Takes on Racist Home Appraisals That Hurt Black Homeowners

Realtor.com

Getty Images President Joe Biden took another step toward addressing the persistent discrimination in housing and business that has been holding generations of Black Americans back from building wealth that can be passed down to future generations. Biden’s administration announced on Tuesday it was launching an interagency effort to combat unfair appraisals for homeowners of color and fight inequality in the real estate sector.

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Is an ARM loan a good idea in 2021?

The Mortgage Report

Is an ARM loan a good idea right now? If you're thinking of getting one, you need to learn about the pros and cons of ARM loans in today's market.

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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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Erin and Ben Napier Tackle Their Biggest ‘Home Town Takeover’ Project Yet

Realtor.com

HGTV Erin and Ben Napier have finished some memorable renovations in Wetumpka, AL, on their new show, “Home Town Takeover,” but their latest project may be their most important. In the episode “A Spark Can Go a Long Way,” the Napiers make over the exteriors of the shops on Company Street—a downtown block filled with empty storefronts and memories of a bustling economy.

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Mortgage and refinance rates today, June 1, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched higher last Friday. But they begin this week a little lower than they did last week. Unfortunately, things are looking less […].

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6 Gardening Misconceptions To Nip in the Bud

Realtor.com

Getty Images For the past year and a half, it’s been hard to have a conversation or swipe through social media without hearing about a friend’s budding victory garden or newly discovered green thumb. Gardening was one of the most popular new hobbies during the COVID-19 pandemic, and there’s no signs of it slowing down. According to research from Garden Trends Report , t he pandemic picked up 16 million new gardeners, many of whom are under 35.

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Achieving the American Dream, One Transaction at a Time

RIS Media

How Rocket Mortgage Keeps the Lines of Communication Open and Honest. Phi Markendorf has always been someone who goes out and grabs opportunity. In fact, she started her own custom window coverings business after it piqued her interest, before jumping into real estate in 2013. “I’ve been self-employed pretty much my whole life, and I’ve treated real estate almost the same way I launched my home window coverings business,” says Markendorf. “I didn’t have a circ

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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.