Housing Wire

AUGUST 21, 2020

Existing-home sales jumped 25% in July from June, beating the prior record of a 21% gain set a month earlier , as low mortgage rates fueled demand for real estate. Sales of single-family homes, townhomes, condominiums, and co-ops rose to a seasonally adjusted 5.86 million, the National Association of Realtors said in a report on Friday. The median price increased 8.5% from a year ago to $304,100, breaking through the $300,000 threshold for the first time.

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Sales Mortgages Finance Marketing 546

Keeping Current Matters

AUGUST 21, 2020

Some Highlights. According to trending data , searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professional will help you create the most personalized and helpful experience. Reach out to a local agent so you have the guidance you need along the way.

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Agents 189

Housing Wire

AUGUST 21, 2020

Today, existing home sales blew out estimates , coming in at 5,860,000. With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing. Let’s just say this is the final nail in the coffin for the housing bear troll camps that were so sure that this time, housing would finally crash.

Sales 544

Sales Mortgages Lending Marketing 544

Realtor.com

AUGUST 21, 2020

E! Entertainment / Contributor / Getty Images As we’ve seen on “Flip or Flop,” Christina Anstead is never afraid to experiment with daring design choices. And on her new show, “Christina on the Coast,” she continues to up the ante, with big risks. In the latest episode, “Bold Kitchen for a Brit,” Anstead is tasked with helping a British ex-pat, Simon , and his wife, Jetzabette , renovate their washed-out, all-white kitchen.

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Renovation Design As-is 140

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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.

Agents

Housing Wire

AUGUST 21, 2020

The number of seriously delinquent mortgages, meaning payments overdue by 90 days or more, soared to a 10-year high during July in a tally that counts forbearances. There were 2.25 million home loans that were seriously delinquent last month as borrowers took advantage of a provision of the CARES Act that allows people impacted by COVID-19 to suspend payments for up to a year, according to a Black Knight report on Friday.

Mortgages 515

Mortgages Loans Industrial 515

Realtor.com

AUGUST 21, 2020

FREDERIC J. BROWN / Staff / Getty Images If you’re at all interested in home decor, you’ve probably seen or heard the word “cottagecore.” (Unless you’ve been hiding out under a crocheted afghan dodging social media, that is.) But if you’re like me, you may have wondered if this term relates to a new fitness regimen or fad diet that combines cottage cheese with a core workout.

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Design As-is 136

Eye on Housing

AUGUST 21, 2020

According to NAHB’s standard estimates of lumber used to build the average home, the recent spike in softwood lumber prices has caused the price of an average new single-family home to increase by $14,116 since April 17. Similarly, the market value of the average new multifamily home has increased by $5,322 over the same period due to the surge in.

Marketing 133

Marketing Construction 133

Housing Wire

AUGUST 21, 2020

Although many in the real estate industry say that San Franciscans are relocating to places more inland , some Century 21 agents in the San Francisco and Bay Area beg to differ. Suburban ZIP codes might be more popular these days, as city dwellers forced to work from home during the pandemic want more space in a home. According to Hanna Ibrahim, who specializes in the San Jose and Silicon Valley market, the MLS said the average listing price in San Francisco is $1.68 million, and the average sal

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Agents MLS Land Sales 439

Better Dwelling

AUGUST 21, 2020

Canadian real estate buyers are jumping in head first, since the recession didn’t impact housing. However, since the beginning of the pandemic, experts said no issues would be apparent until the end of the year. The reason is a term only finance and banking nerds have been using – the deferral cliff. The deferral cliff […]. The post Here’s What Canada’s Mortgage Deferral Cliff Looks Like, And Why Experts Are Worried appeared first on Better Dwelling.

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Mortgages Banks Finance 131

Housing Wire

AUGUST 21, 2020

According to the U.S Census Bureau’s latest Household Pulse Survey , close to 21% of both Black and Hispanic homeowners missed or deferred the previous month’s mortgage payment compared to 10% of white homeowners. However, Jung Hyun Choi, research associate at the Urban Institute, said the census data doesn’t tell the whole story. Because the survey only asks whether a person missed or deferred mortgage payments, there is no way to choose both options – making it exceedingly difficult for resear

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Mortgages Banks Development Loans 386

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.

Loans

Eye on Housing

AUGUST 21, 2020

Boosted by historically low mortgage rates, existing home sales, as reported by the National Association of Realtors (NAR), posted another record increase in July and surpassed pre-pandemic levels. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, soared 24.7% to a seasonally adjusted annual rate of 5.86 million in July, the largest monthly gain on record and the.

Sales 130

Sales Mortgages 130

Housing Wire

AUGUST 21, 2020

Residential sale-leaseback company EasyKnock has announced a new contributor to its Series B funding round. Viola FinTech has added $5 million to this round of funding, bringing the Series B total to $25 million. EasyKnock’s CEO Jarred Kessler told HousingWire that this funding round means the company can work harder, despite the pandemic. “This round of funding enables us to double down our efforts to support homeowners during a turbulent climate,” Kessler said.

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Staging Residential Investor Sales 339

Realtor.com

AUGUST 21, 2020

YinYang / iStock Is your kitchen ready for another season of back-to-school meal planning and holiday dinners? If not, we might have just the thing. As we always do , we spent this past week scouring Instagram for the hottest kitchen trends—and boy, did we find them. Whether you’re looking to upgrade a backsplash, your countertops, or just add some chic new seating, this list has you covered.

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Design Principal Lending Staging 127

Housing Wire

AUGUST 21, 2020

ATTOM Data Solutions’ RealtyTrac , a foreclosure listings and search portal, added industry veteran Rick Sharga back into its ranks earlier this month in a move that foreshadows what the company sees for its future. Sharga will oversee RealtyTrac’s marketing and public relations initiatives and implement new marketing strategies to increase brand awareness.

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Commercial MLS Development Branding 325

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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.

Sales

Marco Santarelli

AUGUST 21, 2020

As we enter into the 3rd quarter of 2020, Miami remains a buyers' market and investors need to capitalize on this advantage while it is still there. We will discuss the latest Miami real estate market trends and find out how they can affect the investors and homebuyers in the latter half of 2020. After getting hammered by the pandemic, the Miami and South Florida housing market bounced back in July.

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Marketing Investor Sales As-is 126

Housing Wire

AUGUST 21, 2020

Home Point Financial has named Perry Hilzendeger as its president of servicing. A 30-year veteran in the consumer finance and mortgage industry, Hilzendeger will be assisting in the company’s growth, responsible for leading the mortgage servicing team and delivering customer experience. Before he joined Home Point Financial, Hilzendeger was at Wells Fargo for 30 years, most recently with Wells Fargo Home Lending , where he led as head of Retail Operations, head of Servicing Operations, senior vi

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Branding Commercial Lending Staging 259

The American Genius for Real Estate

AUGUST 21, 2020

(EDITORIAL) The work-from-home life isn’t suitable for every worker – and that’s okay! There's pros and cons, pointing out the differences can help. The post You don’t have to like working from home, that’s ok appeared first on The American Genius Real Estate.

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Brownstoner

AUGUST 21, 2020

Viewers got an earful of information during a free webinar, Everything You Need to Know About Home Renovations During COVID-19, on Thursday, August 13. You can view the entire webinar here for free. The webinar featured Anna Karp, cofounder and CEO of Bolster, Jeronimo Aguilar Gutierrez, Bolster VP of pricing and procurement,… Read More > The post See The Video: Navigating a Home Renovation During COVID-19 appeared first on Brownstoner.

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Renovation 126

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.

Agents

Realty Biz

AUGUST 21, 2020

There is no better tool to capture the nature and structure of a property than a video. Nowadays realtors and estate agents are using it as a weapon in their marketing. Here is our guide to help you build an exquisite video for your real estate marketing. Why are Property Videos Trustworthy? We should not let you ponder endlessly to solve the mystery.

Agents 124

Agents Marketing As-is Residential 124

Realtor.com

AUGUST 21, 2020

Per Ole Hagen/Redferns The rock star Gene Simmons is singing a farewell tune to his Hollywood Hills home. The legendary KISS frontman is hoping a buyer will pucker up with a purchase of his rocking abode for $2.2 million. . Simons, 70, bought the split-level home built in 1968 for $1.45 million in 2013. The secluded structure on a gated private road set atop Los Angeles ‘ Laurel Canyon features walls of glass and panoramic views that span the downtown L.A. skyline, the Hollywood Sign, Gri

Industrial 122

Industrial As-is Agents 122

Realty Biz

AUGUST 21, 2020

Getting your first real house is an exciting time in life, even with all the big decisions you need to make. One of the first decisions you might encounter is whether you should build or buy your first home. Both options have their ups and downs, but one of the choices will probably come out on top after a little digging. Let’s look at some of the pros and cons of building versus buying.

Renovation 123

Renovation Construction As-is 123

BubbleInfo

AUGUST 21, 2020

We know that covid, and it’s impact on schooling in particular, is causing some people to want more space around them. Bigger houses, with bigger yards, are becoming more desirable… and buyers are scrambling to get situated and comfortable before school starts – or at least not get too far into the school year. The Poway […].

Marketing 119

Marketing Agents 119

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.

Agents

The American Genius for Real Estate

AUGUST 21, 2020

(EDITORIAL) Many people face a burn out in their career, but what are the signs, and are you able to pivot into a new career, and is that a good idea? The post Burn out might be a signal calling for your attention appeared first on The American Genius Real Estate.

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Realtor.com

AUGUST 21, 2020

Anthony Barcelo, Amy Sussman/Getty Images John Legend appeared at the piano looking right at home for the final night of the Democratic National Convention on Thursday. Meanwhile, he and his model wife, Chrissy Teigen , have placed their photogenic mansion in Beverly Hills, CA, on the market for $23.95 million. The couple have been sheltering in place during the pandemic in this stunning space, according to the Wall Street Journal.

Design 116

Design As-is Marketing 116

The Mortgage Report

AUGUST 21, 2020

A new fee will be added to conventional mortgage refinances on September 1. Will this mean higher refinance rates? For some, it's likely.

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Mortgages Loans 133

Eye on Housing

AUGUST 21, 2020

The number of single-family homes built-for-rent (SFBFR) posted a small year-over-year decline for the second quarter of 2020. The SFBFR market has received attention as a means to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market, particularly during a period of double-digit unemployment and weak wage growth.

Construction 115

Construction Sales Marketing 115

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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.

Agents

GeekEstate

AUGUST 21, 2020

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: CondoBlackBook.]. CondoBlackBook allows home buyers and renters to explore condos and neighborhoods in Miami. Their entire search experience is built on curated condo inventory, and each listing gives condo buyers access to detailed information including floor plans and price history.

Brokerage 113

Brokerage Sales As-is Marketing 113

Waterfront Properties

AUGUST 21, 2020

Amazon is coming to Jupiter, the large company with millions of goods announced this week that they are planning on building a giant fulfillment center in northern Palm Beach County. The online shopping giant plans to build a one million square foot facility and the new facility will create hundreds of new full-time jobs. The new Jupiter location will be Amazon’s third fulfillment center in Palm Beach County.

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App Folio

AUGUST 21, 2020

A recent article from GlobeSt.com suggests that the multifamily market will see higher vacancy rates and lower rent growth this year. Although the impact will differ from market to market, owners and operators of multifamily property should understand how inbound leasing demand is changing in 2020. In this article, we’ll look at some specific pricing, lease concession , and revenue management strategies to help multifamily investors succeed in today’s market.

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Property Management Investor Principal Technology 108

Toronto Realty Blog

AUGUST 21, 2020

TorontoRealtyBlog. I wore a suit every day for a decade. Maybe more. When I got into the business in 2004, I didn’t have many “nice clothes.” As I have told the TRB readers before, I went to my dad’s “Men’s Shop” and told the gentlemen there that I needed to be outfitted for a successful career in real estate.

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MLS Agents Brokerage As-is 106

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.

Sales