Housing Wire
AUGUST 20, 2020
For the first time since March, the total percentage of accounts in “financial hardship” for auto, credit card, mortgage and personal loans fell across the board in July, according to a consumer credit snapshot by TransUnion. In particular, the percentage of accounts with mortgage loans in financial hardship declined from 6.79% in June to 6.15% in the month of July.
Keeping Current Matters
AUGUST 20, 2020
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely.
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Housing Wire
AUGUST 20, 2020
A new report from the National Association of Home Builders shows confidence in the market for new multifamily housing increased in the second quarter but still remains weak. The Multifamily Production Index rose 10 points to 37, which is still below the break even point of 50, indicating that more builders and developers viewed conditions as weaker than stronger, NAHB said.
Lighter Side of Real Estate
AUGUST 20, 2020
Most homeowners and real estate agents will agree that decor from the 1980s and ‘90s can make a room feel dated, and perhaps even unappealing. But one iconic brand from that era is leaning hard into the nostalgia aesthetic and generating plenty of interest. The last standing Blockbuster video store, located in Bend, Oregon, is offering movie buffs the chance to visit the past and spend the night inside the film emporium in September.
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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.
Housing Wire
AUGUST 20, 2020
High-end luxury home prices are staying strong after the rollercoaster ride the housing market has been on this year. The median sale price for luxury homes in the U.S. rose 1.2% year over year, to $825,000 in the three months ending July 31, according to Redfin. In the spring, when the pandemic set in, luxury home prices declined 1.7% as the U.S. dealt with COVID-19.
Realtor.com
AUGUST 20, 2020
photoman/Getty Images DIY home improvements can be great feel-good projects. You get to learn a new skill, use your hands, and take pride in something you create yourself. But let’s face it: Your DIY project doesn’t make sense if it won’t make cents. In other words, it needs to pay off when it comes time to sell your home. “The key to winning the ROI game with home improvement is to take a less-is-more approach,” says Dan DiClerico , home expert at HomeAdvisor.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
AUGUST 20, 2020
Canadians have a metric buttload of debt, and a lot of it’s not being paid, according to a big three credit bureau. TransUnion data shows the balance of accounts on payment deferrals is now over a quarter trillion at the end of Q2 2020. A significant share of the debt on payment deferrals is subprime, […]. The post Canadian Households Have Deferred Payments On Debt Worth $247 Billion appeared first on Better Dwelling.
Housing Wire
AUGUST 20, 2020
Real estate startup Knock has announced the expansion of its Home Swap solution into San Antonio and Austin, Texas. Home Swap, a proclaimed reimagined version of the company’s Home Trade-In solution, was first launched in July in Atlanta, Dallas-Fort Worth and Phoenix, and expanded to Denver earlier this month. In San Antonio Knock is partnering with Keller Williams Heritage and Berkshire Hathaway HomeServices Don Johnson Realtors, and in Austin Knock is partnering with Berkshire Hathaway
The Mortgage Report
AUGUST 20, 2020
FHA loans are easier to qualify for than many other mortgages. FHA rates are low, but come with mortgage insurance. See current FHA rates and requirements.
Housing Wire
AUGUST 20, 2020
Mary Ann Azevedo has been named the Managing Editor of FinLedger , HW Media’s newly launched fintech media brand. Working with HW Media CEO Clayton Collins, Azevedo will direct news and content strategy of FinLedger and build a team of fintech journalists to support FinLedger’s audience of financial services professionals. . Azevedo initially joined HW Media in June 2020 as Fintech Editor for HousingWire, and was quickly identified as the right talent to lead the launch of FinLedger as managing
Advertiser: Trellis
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.
RIS Media
AUGUST 20, 2020
Homeowners across the country have been inspired to roll up their sleeves and jump into home improvement projects that could pay off when it comes time to sell. After all, Zillow research finds 81 percent of people say they’re spending more time at home compared to last year. If you are getting your home ready to hit the market, you will want to make that time and effort count.
The Close
AUGUST 20, 2020
If you’re like most real estate agents, all your marketing efforts share the same long-term goal: more real estate agent leads. Which means you’ve probably considered finding a place to buy real estate leads. But how can you be sure you’re not just throwing money down the drain? Not all lead sources are created equal, so it’s important you know your options and decide on a source that’s credible and worth your money.
Eye on Housing
AUGUST 20, 2020
Amid widespread job losses and other economic hardship resulting from the COVID-19 pandemic, all the U.S. states, Puerto Rico, and the District of Columbia experienced quarterly percentage increases in home loans past due, according to the seasonally adjusted Q2 2020 results of the Mortgage Bankers Association’s (MBA) Q2 2020 National Delinquency Survey.
The American Genius for Real Estate
AUGUST 20, 2020
[REAL ESTATE ASSOCIATIONS] NAR offers annual Leadership Academy to help participants enrich their leadership skills. Applications for the 2022 academy opens December 2, 2020. The post NAR Announces 2021 Leadership Academy Class appeared first on The American Genius Real Estate.
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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.
RIS Media
AUGUST 20, 2020
Digital real estate is defined in many ways, but generally it refers to your virtual presence on the internet, including social media accounts, website domains, email messages, and other digital mediums to which you contribute, control or that have your identity represented. When you’re working remotely and having less face-to-face interaction with clients, digital platforms can help you bridge the social distancing gap by relating to clients on a more personal level.
Realtor.com
AUGUST 20, 2020
Michael Kovac / Contributor / Getty Images On “Good Bones,” Mina Starsiak and her mother, Karen Laine , have shown themselves to be pros at making small spaces feel open and airy. In their newest Indianapolis renovation, they show how to creatively transform a grungy, run-down house into a bright and inspiring artists’ cottage. In the episode “Cottage Becomes Artistic Oasis,” Starsiak and Laine are tasked with renovating a house that a local arts nonprofit has bought for a mere $6,000.
Eye on Housing
AUGUST 20, 2020
Weekly initial jobless claims jumped back to above 1 million in the week ending August 15. Continuing claims, which lags initial jobless claims by one week, has declined for three weeks in a row. This week’s data indicate that the road to economic recovery may not be smooth, but bumpy. The U.S. Department of Labor released the Unemployment Insurance Weekly.
RIS Media
AUGUST 20, 2020
Finding work-life balance as a real estate agent has never been easy, but now, with many agents working from home, it’s even harder to draw a line between work and relaxation. Whether you find yourself working all the time or struggling to get started, here are some tactics you can try to help you create a better balance. Make Your Day Have a Hard Stop.
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.
Realtor.com
AUGUST 20, 2020
realtor.com, Roy Rochlin/WireImage Talk show host Wendy Williams has finally sold her home, according to the New York Post. . The upscale property in Livingston, NJ, was listed a year ago for $1.9 million. It was reduced to $1.7 million in 2020. This past spring, the price went down to $1,575,000, and the house was recently sold for $1,475,000. Williams and her husband, Kevin Hunter , purchased the property in 2009 for $2.1 million.
RIS Media
AUGUST 20, 2020
The current global pandemic has put stress on nearly nine in 10 Americans’ personal finances, according to a new survey by the National Endowment for Financial Education (NEFE). More than half of Americans who participated in the survey reported that they are worried about not having enough money saved, while nearly half—48 percent—stated that they are concerned about being able to pay their bills.
Realtor.com
AUGUST 20, 2020
Kanawa_Studio / Getty Images Night after night during the coronavirus pandemic, I trudged into the kitchen to cook dinner, dragging my feet the whole way. Sure, I ordered takeout occasionally, but for the most part, I was rifling through the fridge and pantry in the hopes that some magical dinner inspiration would strike. One afternoon, I got a craving for barbecue.
RIS Media
AUGUST 20, 2020
Nuckolls. In this exclusive interview, Quicken Loans®’ Regional Vice President of Mortgage Banking Tony Nuckolls discusses tried-and-true techniques for real estate professionals who want to up their referral game and build a pipeline of future buyers. Paige Tepping: Please provide a brief overview of your history in the industry and how you ended up where you are today at Quicken Loans.
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.
Brownstoner
AUGUST 20, 2020
A building that had collapsed on a busy stretch of Bedford Avenue during tropical storm Isaias was demolished last week, as nearby residents whose homes had been vacated by the fire department in the aftermath were allowed to return. One local who has lived close to 204 Bedford Avenue for more… Read More > The post RedSky Demolishes Collapsed Building on Bedford as Displaced Neighbors Return to ‘Burg Block appeared first on Brownstoner.
Waterfront Properties
AUGUST 20, 2020
Let’s face it – working from home is the new normal for a lot of people right now. While it may be tempting to bring your laptop to bed or sit at the kitchen counter with the TV filling background noise, you will be much more productive if you designate a home office that is completely separate from the rest of the house. That being said, there’s no reason why you can’t have a relaxing view or use a stand-up desk to keep your blood pumping.
Realtor.com
AUGUST 20, 2020
realtor.com Floating 1,100 feet in the air and accompanied by an eye-watering price tag of $90 million, this week’s most expensive new listing is a full-floor, New York City penthouse on the 82nd floor. Located in the 96-story tower at 432 Park, this sky-high unit offers panoramic views of New York City and the surrounding area. Completed in 2015, the building was designed by Rafael Viñoly and overlooks Central Park.
RIS Media
AUGUST 20, 2020
Two-Day Online Event Featured Memorable Speakers, Valuable Lessons and the Launch of New Tools, Training and Technology for its Global Network of Entrepreneurs. Nearly 2,000 RE/MAX leaders from 45 countries came together virtually to attend the global real estate franchisor’s 2020 RE/MAX Broker Owner Conference (BOC) held completely online this week, August 17-18, 2020.
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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.
Lighter Side of Real Estate
AUGUST 20, 2020
Most homeowners and real estate agents will agree that decor from the 1980s and ‘90s can make a room feel dated, and perhaps even unappealing. But one iconic brand from that era is leaning hard into the nostalgia aesthetic and generating plenty of interest. The last standing Blockbuster video store, located in Bend, Oregon, is offering movie buffs the chance to visit the past and spend the night inside the film emporium in September.
REM Online
AUGUST 20, 2020
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Re/Max survey points to strong market; move out of cities. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. About one-third of Canadians say they no longer want to live in large urban centres and instead would opt for rural or suburban communities, says a survey by Leger on beh
Better Dwelling
AUGUST 20, 2020
Canada’s largest land registry and a big six bank are seeing a slight recovery, but things are beginning to trend lower. The Teranet–National Bank House Price Index (TNB HPI) shows prices increased in July. The increase however, was the smallest for the month in 15 years, and is actually a decline before seasonal adjustments. Canadian […].
Brownstoner
AUGUST 20, 2020
In the latest episode of The Brownstoner Podcast, Compass real estate agent Andrew Booth dishes on the market in Brooklyn during COVID-19, neighborhoods that offer the best value in the borough right now, and his best advice to first-time buyers. An avid cook, Andrew has worked and lived all over… Read More > The post Brownstoner Podcast: Compass Agent Andrew Booth Knows Where to Find Brooklyn’s Best Values appeared first on Brownstoner.
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.
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