Wed.Aug 19, 2020

article thumbnail

Mid-August rent payments tick up to near-normal levels

Housing Wire

The National Multifamily Housing Council ‘s Rent Payment Tracker reports that 86.9% of renting households had paid rent as of Aug. 13, a significant increase from Aug. 6, when just 79.3% had made rent payments. Year over year, this is just 2% less than rent payments collected Aug. 13, 2019. RealPage said that although the gradual increase in collections over the course of the month is normal, reduced unemployment benefits still leave renters unsure about where their next payment will come

As-is 544
article thumbnail

Just How Strong Is the Housing Recovery?

Keeping Current Matters

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of the real estate market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mortgage applications fall 3.3% as interest rates rise

Housing Wire

Mortgage applications fell 3.3% last week after interest rates rose to their highest level in two weeks , according to a report from the Mortgage Bankers Association. The refinance index also fell 5% from the previous week, however, it was 38% higher than the same week a year ago – marking its thirteenth-straight week of year-over-year gains. The refinance share of mortgage activity also fell to 64.6% of total applications from 65.6% the week prior when it hit its highest level since May.

article thumbnail

How are smart cities impacting the construction industry?

The American Genius for Real Estate

[OPINION EDITORIALS] The movement towards smart cities will change the construction industry for the best - creating more connected, collaborative, and efficient cities. The post How are smart cities impacting the construction industry? appeared first on The American Genius Real Estate.

article thumbnail

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.

article thumbnail

Zillow launches consumer-generated builder review feature

Housing Wire

Buyer-generated content, including consumer reviews of builders, is now available on Zillow and will be viewable on builder profiles, community pages and paid new construction listings. Builder Ratings and Reviews was launched Wednesday and surveys new homeowners at move-in asking them to rate their overall experience, quality of their home, builder responsiveness, the confidence they have in their builder and whether or not they would recommend that builder to other homebuyers.

article thumbnail

New Single-Family Home Size Leveling Off?

Eye on Housing

New single-family home size trended lower during the second quarter 2020 at the beginning of what we are forecasting will be a pivot to larger home size over the next two years. According to second quarter 2020 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area ticked down to.

Design 134

More Trending

article thumbnail

Former Sheriff’s House Complete With 9 Jail Cells Becomes a Viral Sensation

Realtor.com

realtor.com When it was built in 1875, this home in Fayette, MO, belonged to the local sheriff, and included a jail with nine cells out back. Now, after a renovation, the property is on the market for $350,000. Thanks to the accommodations for ne’er-do-wells, the otherwise modest Missouri home has rocketed around the web and became a bona fide viral sensation.

article thumbnail

Startup profile: LauraMac

Housing Wire

Taken from the August issue of HousingWire Magazine, LauraMac is looking to increase the technology available to mortgage loans after the closing table. Launched just this year, LauraMac provides a suite of configurable products to enable collaboration that will transform the way due diligence is performed in the mortgage industry. The rest of this content is for HW+ members.

article thumbnail

#271: Retirement Planning in 2020, with Dr. Wade Pfau

Afford Anything

Are you wondering how in the world you’re supposed to plan for retirement given the craziness of the year 2020? You’re not alone. That’s why we brought Dr. Wade Pfau on the show. Dr. Pfau is a Professor of Retirement Income for the American College of Financial Services, and he’s made a major name for himself within the field of retirement planning.

Banks 125
article thumbnail

Fannie Mae promotes Jeff Hayward to newly created C-suite role that includes diversity and inclusion

Housing Wire

Fannie Mae announced on Tuesday longtime multifamily veteran Jeffery Hayward is assuming a newly created C-suite role as chief administrative officer. Prior to overseeing the new role, Hayward served as Fannie Mae’s executive vice president of multifamily since 2012. In a letter titled “Changing of the guard at Fannie Mae Multifamily,” Hayward said his newest position has a broad scope, including human resources, enterprise workplace and diversity and inclusion.

Finance 324
article thumbnail

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.

article thumbnail

Patterned on the Alhambra, This Home in Minnesota Is a Moorish Delight

Realtor.com

realtor.com A jewel box of Moorish elegance is available in the unlikely locale of Stillwater, MN. What was once the private recreation hall of a local titan of industry on Fifth Street North is now an elaborate residence, on the market for $1.4 million. In 1901, a lumber baron named William Sauntry built this building next to his grand mansion at the height of the area’s lumber boom.

Design 124
article thumbnail

This Interior Designer Has 435k Instagram Followers, And It’s Easy To See Why

Lighter Side of Real Estate

Adding a few seasonal touches to your home can make it feel warm and festive. For some, that might mean sticking a wreath on the front door and calling it a day. But one Dallas, Texas interior designer has taken the notion of creating colorful, holiday-themed spaces to unbelievable levels. Jennifer Houghton is the owner of a sprawling estate, dubbed Turtle Creek Lane, that she transforms into a whimsical wonderland for just about every holiday you can imagine.

Design 122
article thumbnail

Park Slope Programmer Maps Brooklyn’s Historic 1940s Tax Photos

Brownstoner

A new website maps Depression-era tax photos of every building in the city, making it easier for researchers and history buffs to navigate several hundred thousand snapshots of buildings from 1940s New York City, according to the site’s Brooklyn creator. “It seemed so obvious. It’s such a great collection of photos,… Read More > The post Park Slope Programmer Maps Brooklyn’s Historic 1940s Tax Photos appeared first on Brownstoner.

119
119
article thumbnail

How to finance a pool: The 4 best methods

The Mortgage Report

In-ground pools cost over $50K on average. Luckily, pool financing makes this affordable for many. Learn about the 4 best ways to finance a pool here.

Finance 130
article thumbnail

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.

article thumbnail

More Places to Move

BubbleInfo

We’re sending people off to Oregon and to Prescott, Arizona this week, and in both cases it seemed like it will now take $400,000+ to buy a decent home. The new residents of Prescott said it’s filling up fast with Californians, and many long-time San Diego police and fire professionals have been heading that way […]. The post More Places to Move appeared first on bubbleinfo.com.

Marketing 116
article thumbnail

Why I’m Grown-Up and Employed, but Still Need Mom to Co-Sign on My Home

Realtor.com

Jillian Pretzel When I got my first apartment after college, I needed my mom to co-sign my lease. The landlord required proof that I made three times the rent, but since I wasn’t making nearly enough, I called Mom to sign on that second dotted line. Then, in my mid-20s, when I bought my first condo, I needed a co-signer again. Once again, my mom was there for me.

article thumbnail

Mortgage rates today, August 19, 2020, plus lock recommendations

The Mortgage Report

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Mortgages 111
article thumbnail

Affordable and Rustic, 9 Log Cabins Priced Below $350K

Realtor.com

realtor.com You don’t have to be a millionaire to fulfill the fantasy of a log cabin getaway. We scoured listings from coast to coast and found 10 log cabins on the market right now—all priced below the current U.S. median list price of $350,000. Though the prices are middle-of-the road, these choices are far from middling. This collection of log cabins offers it all: acreage, style, wildlife, ponds, and wraparound porches that’ll leave you yearning for a fresh-air escape.

article thumbnail

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.

article thumbnail

Staging Your Home Beautifully While on a Budget

Homes.com

If you're looking to sell during this summer peak, then you need to consider staging your home. And, if you're on a tight budget, no worries! We've got you covered. The post Staging Your Home Beautifully While on a Budget appeared first on Homes.com.

Staging 106
article thumbnail

3 Ways to Boost Your Recruiting

RIS Media

Use These Simple Approaches to Grow Your Agent Roster. Recruiting is a year-round effort and is always on the mind of successful brokers and managers. It takes planning and discipline, however, to be consistent and effective in attracting new and experienced agents to your company. Incorporate these three approaches into your recruiting strategy to build your team moving forward.

Agents 106
article thumbnail

This $33M Coastline Home is the Star of Its Own Music Video

Fancy Pants Homes

With a limited number of home buyers out there willing (and able) to spend $30+ million on a luxury property, brokerages and agents often have to find innovative ways to get their most fabulous listings to stand out. Some throw creative open houses, others plan star-studded parties , or host art galleries on location. But in COVID times, their options are far more narrow.

Title 105
article thumbnail

Three Upgrades The New Normal Homebuyer Will Want to See

Waterfront Properties

As we all navigate the “new normal”, future homeowners have started to navigate their own priority lists as they search for their new home. Here are three ways that sellers can attract the “new normal” homebuyer: Work From Home Spaces Home offices have always been on the list for some, but now, more than ever, a dedicated space is a must have for home searchers.

As-is 104
article thumbnail

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.

article thumbnail

6 ways to manage COVID-19 and your short term vacation rental

Zolo

Before COVID-19 hit, marketing out your space as a short term vacation rental was a great way to make some extra pocket change. Being an Airbnb host has dramatically changed in 2020. The biggest change for hosts was the significant decline in guests due to a multitude of travel restrictions. . Guests across the world began to cancel their reservations starting in early March, and hosts felt the financial crunch almost immediately.

As-is 103
article thumbnail

4 Ways to Make a Statement on an Empty Wall

RIS Media

Whether you’ve just moved into a new home or you’re finally ready to tackle an untouched space, empty walls can be intimidating. Too little artwork or a lack of design can completely upset the aesthetic of a room, especially if the rest of the home is well thought out and decorated. Make a statement by turning this empty canvas into a focal point or backdrop with these decor ideas.

Design 102
article thumbnail

Developer deals: Convey parkland to the city, or pay cash-in-lieu?

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: Developer deals: Convey parkland to the city, or pay cash-in-lieu? Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Can real estate developers demand they be given the option of paying cash-in-lieu rather than conveying away valuable land?

article thumbnail

4 Ideas for Repurposed Mason Jars

RIS Media

If you’re an avid DIY’er and happen to have a collection of old mason jars, there are many ways to recycle and repurpose them for future use. Whether they are store-bought jars or emptied of homemade jam, you can create a beautiful piece of utilitarian decor for your home in no time. Even get crafty with paint to add a hint of personality. Here are four ways you can repurpose your old mason jars. .

Closing 102
article thumbnail

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.

article thumbnail

Explore Palm Beach County Natural Areas

Waterfront Properties

The Palm Beaches are known for its tropical beaches, year-round sunshine, high-end shopping, great school districts, numerous things to do and great dining to name a few. Many do not know that Palm Beach County is home to more than 25 Natural Areas waiting for you to explore. These protected areas of Palm Beach County are home to a diversity of animals and plants and offer visitors a wide range of activities such as hiking, walking, kayaking, bird watching, environmental education and more.

As-is 99
article thumbnail

The Best Way to Safely Connect With Your Top Clients

RIS Media

Even during these uncertain times, the strongest real estate marketing strategies are always looking to prioritize connection with clients. Of course, the ways that we connect have definitely changed during the COVID-19 pandemic, but the reasons for wanting to strengthen client relationships are as solid as ever. Establishing a genuine connection with a relationship doesn’t just benefit your personal life—it also sets you up for success in your business.

Marketing 102
article thumbnail

Your Financial Future…Economics 101

Lab Coat Agents

Gold??? Stock Market??? Real Estate??? Ask Warren Buffett. He just made a huge bet on gold. I have been a student and teacher of the economy and economic principles since the late 1970s, when we were looking at what we believed were enormous deficits, coming inflation, and a great recession. Remember Howard Ruff and his book “How to Prosper During the Coming Bad Years?

Equity 98
article thumbnail

Home Decor: Starting From Scratch

RIS Media

A blank slate may be a designer’s dream, but for those who don’t have an eye for design, properly outfitting a new space can be intimidating. From color schemes and artwork to storage and utilitarian items, interior design is harder than it looks. So whether you just moved into a new home or you want to completely redesign your space, here are some home decor tips for starting from scratch. .

Design 101
article thumbnail

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.