Wed.Nov 18, 2020

FHFA issues Final Capital Rule for Fannie Mae, Freddie Mac

Housing Wire

The Federal Housing Finance Agency (FHFA) released its Final Capital Rule Wednesday for mortgage giants Fannie Mae and Freddie Mac as it continues to work toward ending conservatorship.

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Chances of Another Foreclosure Crisis? “About Zero Percent.”

Keeping Current Matters

There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program.

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The Hawaii housing market heats up

Housing Wire

Real estate agents across the country have made it clear – low inventory and low mortgage rates have kept them busy throughout the pandemic, especially in typical vacation destinations. That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland.

What You Need to Know About Inventory in the 2021 Real Estate Market

RIS Media

If you’ve been checking up on the latest real estate news, you’ve probably seen quite a few reports saying that housing inventory is low at the moment.

Mortgage applications see slight decrease, despite purchase gain

Housing Wire

Mortgage applications decreased 0.3% last week, following a 0.5% drop from the beginning of November , according to a report from the Mortgage Bankers Association. . The refinance index dropped 2%, while the unadjusted purchase index fell 1% from the previous week.

Yun Addresses Current and Future Housing Market Trends at NAR’s Residential Economic Issues and Trends Forum

RIS Media

While much has been negatively affected due to the ongoing coronavirus pandemic, there’s one segment of the economy that has continued to thrive despite the surrounding challenges: the housing market.

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Barton Goldsmith: Tips for Making the Holiday Special During a Difficult Time in Our Lives

RIS Media

(TNS)—Thanksgiving is my favorite holiday, and right now gratitude has never been more important. I love everything about this holiday, and this year it’s going to be so different. We will all have to get creative to feel like we are having a celebration in the middle of a crisis.

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Title technology is critical for digital mortgage success

Housing Wire

At the Notarize Rewired event Wednesday on the panel, Home Buying After COVID, four experts talked about some of the largest pain points in the title industry.

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How to Stand Out from the Competition When Selling Luxury Realty

Jason Fox

How to Stand Out from the Competition When Selling Luxury Realty. There’s a lot that goes into selling property. And when those properties are worth millions, there’s even more to it.

Increase in housing starts has construction playing catch-up

Housing Wire

Single-family housing starts gained for the sixth consecutive month in October on an annualized pace not seen since April 2007, a Census Bureau report released Wednesday revealed. Housing starts overall rose 4.9% in October compared to September’s pace and to a seasonally adjusted annual pace of 1.53

When A Letter To The Seller/Landlord Works…And When It Doesn’t!

Toronto Realty Blog

TorontoRealtyBlog. We’ve all read that story in the newspaper about the lovely couple bought a house after they “won” a multiple offer situation, with an extremely inferior offer, all because they wrote a lovely, heartfelt letter, right?

The 10 most popular cities for out-of-town homebuyers

Housing Wire

Out-of-town moves are on the rise, and it’s largely thanks to the pandemic. Some homebuyers are looking to move closer to friends and family, while others are simply on the hunt for more space and a break from cramped urban cores. . There are also changing work arrangements to consider.

Century 21 Bravo Realty in Calgary grows with Gateway merger

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: Century 21 Bravo Realty in Calgary grows with Gateway merger.

Are borrower-assisted inspections here to stay?

Housing Wire

HousingWire recently spoke with CoreLogic’s Chief Appraiser Shawn Telford about re-examining traditional appraisal workflows in light of the changes brought on by COVID-19.

Video by Gémma Leggett reveals the glamorous life of a real estate agent

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: Video by Gémma Leggett reveals the glamorous life of a real estate agent.

2020 Mortgage lender rankings: What borrowers can learn

The Morgtage Report

Find out who took gold in JD Power's 2020 mortgage lender satisfaction study, and learn how to choose a mortgage lender that's right for you. About Mortgages Mortgage News

Weichert Real Estate Affiliates, Inc. Named a Top Franchise for Military Veteran

RIS Media

Weichert Real Estate Affiliates, Inc. has been named one of the top franchises in the country for military veterans for the third time in five years, according to the Franchise Business Review.

How Prop 19 Helps Californians Move Anywhere Within the State and Keep Their Low Tax Base

First Team Real Estate

California just passed Proposition 19, transforming tax breaks for thousands of homeowners across the state, hopefully unlocking opportunities for growth and much-needed change.

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CIBC: Canadians Have $90 Billion In Excess Cash, As Government Doubles Income Lost

Better Dwelling

Canadian households are sitting on a record amount of cash, waiting to be spent. CIBC Economics’ latest report shows tens of billions in cash just sitting in accounts in Q2 2020. The increase is due to a combination of government supports, lack of places to spend, and payment deferrals.

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Santa Claus Is Headed To Palm Beach County

Waterfront Properties

Starting this Saturday, the Center Court of The Gardens Mall will look a little like The North Pole. This weekend, Santa and his helper Elves are taking over the center of the mall to bring some holiday cheer. The annual visit with Santa Claus will look a little different this year.

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Housing Starts: Highest Pace in Single-Family Production Since Spring 2007

RIS Media

Housing starts increased by 4.9 percent in October to a seasonally adjusted rate of 1.53 million units, according to the latest report from the Commerce Department. Single-family starts increased 6.4 percent to a 1.18 million seasonally adjusted annual rate and are up 8.6 percent year-to-date.

Still Working From Home? 5 Lighting Mistakes To Fix Now for a Brighter Outlook

Realtor.com

borchee/Getty Images Most people don’t give much thought to lighting their home. Sure, you may purchase a trendy table lamp or tall torchiere to illuminate a space and that’s about it.

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Next Year Has Already Started

RIS Media

Next year’s sales and results are already in motion and have been for at least a month.

Single-Family Starts: Best Pace Since Spring of 2007

Eye on Housing

Single-family starts experienced continued gains in October, according to data from the U.S. Department of Housing and Urban Development and the Census Bureau. Single-family construction is up 8.6% year-to-date, with notable gains in 2020 for the Midwest and other lower-density markets.

A Surplus of Square Footage: The 10 Biggest Homes To Hit the Market This Week

Realtor.com

realtor.com While most of us live in homes with square footage hovering in the low four digits, there are a few homeowners who live much larger—in every sense of the word.

3 Ways to Create Mutually Beneficial Client Relationships to Grow Your Luxury Real Estate Practice

RIS Media

Are you creating mutually beneficial client relationships in your business? You’d be surprised at how many luxury real estate professionals don’t know they’re leaving opportunities on the table with their prospects and clients.

8 Hidden Problems in the Bedroom You Might Not Spot in a Home Video Tour

Realtor.com

Feverpitched Video tours have quickly become the norm in the COVID-19 era as a safe way to get a closer look at the house you want to see in person. And while no doubt the kitchen and living room are high on your list to check out, the bedroom deserves more than a passing glance.

NAR and AARP Announce Agreement to Educate Members on Community Livability

RIS Media

The National Association of REALTORS® (NAR) and AARP have teamed up to create a new relationship intended to better assist and engage older Americans.

Mortgage and refinance rates today, November 18, 2020

The Morgtage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower again yesterday. And conventional loans started out this morning at 3.0% (3.0% APR) for a 30-year, fixed-rate mortgage. These rates […]. Mortgage Rates Now

‘Are the schools good?’ Why agents’ answers need to change

Inman

Talking about schools with clients can lead to steering — both intentional and unintentional. You need to — you must — provide the same information on schools to every single client. Otherwise, you might very well be complicit. .