Mon.Dec 28, 2020

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What to expect from the 2021 housing market

Housing Wire

Although I had pockets of joy in 2020, these moments were subsumed in a haze of stress, uncertainty and fear for our country. And, at times, I have found it difficult to keep these emotions from clouding my economic thinking. But despite all the sorrow and frustrations of this year, I have found solace in the immortal world of math, facts and data. From this stronghold I have been able to see past the chaos and view the economy and the future of the housing market through the lens of my core eco

Marketing 545
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Why It’s Important to Price Your House Right Today

Keeping Current Matters

Even in today’s sellers’ market , setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year.

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How COVID-19 is driving AI in the mortgage industry

Housing Wire

The shift to AI-powered technology is rapidly taking over the mortgage industry with leaders turning to machine learning to increase efficiency amid COVID-19. With the move toward a remote workforce and the real estate market booming, this technology is an important way to create a competitive advantage. Artificial intelligence can elevate your customer experience, reduce reliance on labor-centric solutions and streamline decision making.

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Toronto and Vancouver See Mortgage Delinquencies Rise To Highest Level Since 2016

Better Dwelling

Canada’s mortgage delinquencies are flat, but that story is much more interesting by region. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies are flat in Q3 2020. It’s a little different looking at the biggest real estate markets though. In Toronto and Vancouver, delinquencies are still rising to multi-year highs.

Mortgages 143
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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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Low mortgage rates impact on the housing market

Housing Wire

Frank Nothaft Executive and Chief Economist at CoreLogic. This is the third installment of our economist Q&A series of the top housing market forecasts for 2021 that focus on everything from home sales to mortgage rates. To help provide as much guidance as possible on what to expect in 2021, HousingWire interviewed a top economist every Tuesday in December in the HW+ Slack channel.

Mortgages 487
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Maryland’s Most Expensive Home Is a Massive $40M Riverfront Compound

Realtor.com

Oleksandr Yaroshynskyi Maryland’s most expensive home is a historic riverfront compound on the market for $40 million. For wealthy buyers in search of the ultimate getaway, this sumptuous spread near Chesapeake Bay has its own private nine-hole golf course. Known as Fairview Estate , the compound in Easton, MD, includes two main homes, several smaller guesthouses, and a number of other outbuildings.

Land 134

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Who Gets the Real Estate in a Divorce?

Realty Biz

Emotions and divorce are never a good combination. It requires a logical and trained mind to split the property fairly and as agreed. There are several different legal ways that a property might have to be split. There might be a prenuptial agreement, you might be in a community property state, or an equitable distribution state. These are circumstances that will affect how real estate is divided in your situation.

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What’s Cooler Than Living in a Lightkeeper’s House on the Ocean in Maine?

Realtor.com

The Knowles Company An idyllic setting on a small island 5 miles from the mainland of Maine is now available for $1,975,000. “I forget how beautiful it is out there, especially on a blue sky day. It’s one of the most beautiful properties I’ve ever seen in my life,” says the listing agent, Jamie O’Keefe. “What’s cooler than living in a lightkeeper’s house on the ocean in Maine?”.

Land 117
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Mortgage and refinance rates today, December 28, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower again on Christmas Eve, meaning the daily figures ended the week where they started it. Will we see a similarly […].

Mortgages 114
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These Aren’t Your Granny’s Stencils! Modern Stenciling Ideas You’ll Adore

Realtor.com

Steve Gorton / Getty Images When you think of wall stencils, do you picture curlicue flowers in delicate, dusty shades, decorating the walls of a quaint bed-and-breakfast, or maybe your great aunt’s hallway? Despite their old-fashioned rap, stencils are making a comeback, thanks to more modern designs and the fact that stenciling is a budget-friendly room refresh that anyone can do. “Stencils appeal to many people now because folks are eager to make their home their own, but sometime

Design 116
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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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Can I get a mortgage on a house I already own free-and-clear?

The Mortgage Report

There are lots of options for getting a mortgage on a house you already own. The right one depends on your goals. Here's what you should know.

Mortgages 128
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TRD Quick Question: Jonathan Miller "What's Happening in the NYC Real Estate Market?"

Miller Samuel INC

I recently completed a quick interview with Stuart Elliott , Editor In Chief & CEO at The Real Deal who asked me questions with a uniquely mellow intensity. The Real Deal is required reading for anyone in the real estate profession or interested in real estate. Fun. The post TRD Quick Question: Jonathan Miller "What's Happening in the NYC Real Estate Market?

Marketing 103
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10 New Year’s Resolutions That Will Boost Your Home’s Value

American Lifestyle

The post 10 New Year’s Resolutions That Will Boost Your Home’s Value appeared first on American Lifestyle Magazine.

Finance 122
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Sellers Expect You to Have Buyers, Not a Plan to Find Them

RIS Media

Home sellers are facing new challenges navigating the uncharted waters of the pandemic. Work from home, school at home, proximity to family, community safety concerns and low interest rates are composing new requirements on where people live. Moreover, they are driving new expectations of their real estate professional—namely that they expect you to stay in touch, know their home’s value and have buyers ready to transact now.

Staging 102
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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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Waltz Away With a Cool Buy! Czech Dance Hall in Omaha Transformed Into a Residence

Realtor.com

Joe Braun Photography A place where people used to dance the polka all night long is available for purchase. Accordion not included. The property on 13th Street in Omaha, NE, is on the market for $999,900, and offers an array of opportunities for an enterprising buyer. “Originally, it was a Czechoslovakian dance hall, and then it was converted into a bar,” explains the listing agent, Drew Halvorson.

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Our New (Virtual) Reality: How to Succeed in the Age of COVID

RIS Media

In March of this year, the world took a pause as we were told of a new virus that was taking the world by storm. Businesses were told to close down—to stop producing and stop serving the public, all of which put the business owners at risk for financial disaster. Among the industries that were told to stop production was the real estate sector, but only for a short time—moving into a home is a human need that we luckily continue to provide for the public.

Agents 102
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Industry Leaders Weigh In: How Virtual Leasing Tools Ushered in a New Era of Efficiency & Success

App Folio

Before the pandemic, multifamily businesses were debating the priority and pace of rolling out virtual and self-guided tours. However, when the country suddenly shut down in March due to COVID-19, these same businesses realized virtual tours were no longer a ‘nice to have’, but an absolute necessity for maintaining their leasing operations. In other words, the pandemic essentially accelerated what was already in motion and forced the industry as a whole to adopt technology.

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Are You Getting Top Results From Your CRM?

RIS Media

Is your database like a bottle of fine wine saved only for a special occasion? Or maybe your database is more like a trophy sitting on a shelf, rather than being cultivated like the powerful tool that it is. Every smart businessperson knows they need their contacts in a database for easy access and segmentation. While that’s a great first step, the real power is to leverage this group to get a high return on investment (ROI), through nurturing and growing your sphere of influence.

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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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Best Real Estate Blogs

BubbleInfo

Bubbleinfo.com made the list of best real estate blogs in the country, as determined by Hooquest.com: [link] Thanks Brian for including us! He is right – I don’t give much thought to SEO, which is probably why we had the lowest number of estimated monthly visits (by far) of the nine blogs included. He mentioned […].

As-is 98
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Events This Week At The Loggerhead Marinelife Center

Waterfront Properties

With visitors still in town for the holidays, the Loggerhead Marinelife Center is hosting their popular events this week to end the year. The Loggerhead Marinelife Center is dedicated to helping protect the ocean, marine life and injured and endangered sea turtles through their rehabilitation center and research programs. Loggerhead Marinelife Center Events this week Public Guided Tours Public Guided Tours are offered twice a day at 12 pm and then again at 2 pm.

Closing 98
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Social Media Strategies for Successful Agents in 2021

RIS Media

2020 has brought us on a wild ride. With the COVID-19 pandemic completely changing the way we live and work, we head into the new year with a unique set of guidelines and tools. But for real estate agents looking for success in the upcoming year, learning new guidelines and understanding how to best utilize these tools are just the starting point. As we prepare for the new year, it is vital for agents, brokers and real estate professionals alike to develop a new and improved social media strateg

Agents 98
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Make Some (Virtual) New Year’s Eve Plans in Brooklyn

Brownstoner

New Year’s Eve will be different this year in Brooklyn. Most things are canceled. No fireworks, no parties, crowds or celebratory drinks -- those are unfortunately off the table. Most people will be spending the night at home, keeping warm, quietly counting the minutes until the new year begins. With… Read More > The post Make Some (Virtual) New Year’s Eve Plans in Brooklyn 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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Bringing Peace of Mind to the Real Estate Transaction for Buyers and Sellers Alike

RIS Media

Cinch Home Services proves to be a good partner for Illinois real estate professional. With 30 years of experience in the industry, Frank Wehrstein—designated managing broker and president at Dickerson & Nieman in Illinois’ Rock River Valley—knows what it takes to succeed. That’s why when he noticed that the service of the home warranty company he was using had begun to diminish, and he couldn’t get a resolution when he tried to communicate with them, he took it upon himsel

Agents 98
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Northwest Brooklyn Community Board’s Robert Perris Resigns After 17 Years at Helm

Brownstoner

Community Board 2’s District Manager Robert Perris resigned from his position on December 26, saying he wants to focus on his family after 17 years at the helm of the Downtown Brooklyn civic panel. “Seventeen years is a long time,” Perris told Brooklyn Paper. “It’s partly [because of] family obligations, I’ve… Read More > The post Northwest Brooklyn Community Board’s Robert Perris Resigns After 17 Years at Helm appeared first on Brownstoner.

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FHFA Extends COVID-19 Multifamily Forbearance through March 31, 2021

RIS Media

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through March 31, 2021. The programs were set to expire Dec. 31, 2020. Property owners with enterprise-backed multifamily mortgages can enter a new or, if qualified, modified forbearance if they experience a financial hardship due to the COVID-19 emergency.

Finance 98
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Events at the Jupiter Inlet Lighthouse This Week

Waterfront Properties

The Jupiter Inlet Lighthouse and Museum is hosting a list of calendar events for the whole family to enjoy. Head to the iconic lighthouse this week and join in on the final events of the year. Events at the Lighthouse this week. Twilight Yoga at the Light Tonight, Monday December 28th, head to the lighthouse and experience the peace and serenity of Yoga with instructor Mary Veal.

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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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Where Does Your Ethical and Moral Compass Lead You?

RIS Media

Agents: Have you reflected on how your business is performing when it comes to ethical conduct? For decades now, I’ve held the power of granting homeownership. Like many of you, I give it my all to find solutions when there are roadblocks. Are you noticing the same patterns that I have? To this day, I find great pride in helping all families fulfill their dream of homeownership, yet I noticed a huge problem in our industry very early on in my career.

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Daily Links: New York Mulls ‘Strongest’ Eviction, Foreclosure Protection in Nation

Brownstoner

In the News The Evictions Are Coming. Housing Activists Are Ready [NYT] The Real Estate Collapse of 2020 [NYT] Police Officer Is Shot in Crown Heights, But Vest Stops the Bullet [NYT] Some of Jackie O.’s Favorite Fabrics, Designed in Bed Stuy, Are Back [NYT] NY Lawmakers Set Special Session to Extend Eviction Ban… Read More > The post Daily Links: New York Mulls ‘Strongest’ Eviction, Foreclosure Protection in Nation appeared first on Brownstoner.

Design 98
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How to Find Better Home Insurance Deals for Your First Home Purchase

RISMedia

By Meghan Belnap When you buy a new home, you might be surprised to find how quickly all of the various fees associated with the home purchase add up. One of the biggest fees you'll face is paying for a new homeowner's insurance policy so that you can be approved for a mortgage. The good […]. The post How to Find Better Home Insurance Deals for Your First Home Purchase appeared first on RISMedia's Housecall.

Mortgages 130
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The Largest Homes for Sale With Sotheby’s International Realty

Sotheby's International Real Estate

Crete, Greece | Savvas Savvaidis , Greece Sotheby’s International Realty. Many of the best luxuries in life come in small packages: a perfect bottle of wine, a vintage watch, a bespoke handbag. But occasionally, the old adage that “bigger is better” rings true. When it comes to real estate, larger square footage or acreage means more room for living.

Sales 93
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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.