Tue.Sep 28, 2021

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US home prices hit record level (again)

Housing Wire

July marked the fourth consecutive month in which the growth rate of home prices set a record, according to the latest S&P CoreLogic Case-Shiller National Home Price Index Report released on Tuesday. The index showed a 19.7% annual gain for the year ending in July 2021, up from 18.7% a month prior. This is the highest annual rate of price growth since the index began in 1987 and the fourteenth consecutive month of accelerating prices.

Finance 485
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Early October is the Sweet Spot for Buyers

Keeping Current Matters

Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage rates versus price appreciation as you search for your dream home.

Closing 258
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Fannie Mae official questions purpose of AMCs

Housing Wire

A Fannie Mae official Monday questioned the role of appraisal management companies, or “AMCs,” in evaluating houses. “We have 10 times more AMCs per capita than New Zealand and Australia,” said Lyle Radke, director of collateral policy at the powerful government-sponsored enterprise. “Why is that?”. Perhaps AMCs can streamline the appraisal process, said Radke at a panel on the future of valuations, which happened to include Martin Froehlich, chief appraiser of AMC Nationwide Appraisal Network.

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Inside a Striking Cow Hollow Aerie

Sotheby's International Real Estate

On the top floor of this striking modern four-bedroom home in San Francisco’s Cow Hollow neighborhood, walls, doors, and a ceiling of glass blur the lines between its stylish interiors and the iconic views of the city and the bay, which sweep past the Marin Headlands and the Palace of Fine Arts to the Golden Gate Bridge. The soigné living and entertaining spaces here—which include dining space with richly hued hardwood floors, an open gourmet kitchen, and a family room with a wood-burning firepl

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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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Loan origination complaints have spiked during pandemic

Housing Wire

Loan origination-related consumer complaints rose significantly over the first 18 months of the COVID-19 pandemic, according to a Consumer Financial Protection Bureau ’s (CFPB) report published last week. The bureau’s research brief , which analyzed the relationship between U.S. Census characteristics and the share of consumers complaining about each stage of the credit life cycle, found that between February 2020 and July 2021 there was a “large increase in the volume of consumers with cr

Loans 396
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Canadians May Want To Prepare For Higher Mortgage Rates Soon: BMO

Better Dwelling

Canadian bond yields are on the rise, and a big bank has forecast it will take mortgages along for the ride as well. The latest research note from BMO focuses on climbing longer term bond yields. The bank sees this as just the beginning, and sees modest growth for the next two years. They also […]. The post Canadians May Want To Prepare For Higher Mortgage Rates Soon: BMO appeared first on Better Dwelling.

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21 Questions to Ask a Home Builder When Buying New Construction

Maximum Exposure Real Estate

What to Ask a Home Builder Are you wondering what questions to ask a home builder? The possibility of owning a brand new home has obvious appeal. Many new home buyers can get the home customized, making the property even more desirable. Additionally, with a new home, you don’t have to worry about all the […]. The post 21 Questions to Ask a Home Builder When Buying New Construction appeared first on Massachusetts Real Estate Exposure.

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Are consistently error-free closings within reach for lenders?

Housing Wire

Largely driven by record-low mortgage rates, lending volume surpassed everyone’s expectations in the past year. But as lenders scrambled to keep up with demand, closing errors naturally crept in. In the wake of this unparalleled volume, companies across the housing industry have been working to increase the efficiencies of the entire lending process – including getting closings correct the first time around.

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Sotheby’s International Realty Opens First Office in Morocco

Sotheby's International Real Estate

Sotheby’s International Realty today announced the opening of Morocco Sotheby’s International Realty, signifying the brand’s first office in Northern Africa. The addition brings the brand’s total number of affiliated offices in the EMEIA region to nearly 200. Morocco Sotheby’s International Realty is owned and operated by David Chicard who brings 15 years of experience to the company.

Branding 126
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Why Content Marketing is Essential for Your Real Estate Business

Realty Biz

Content is king and content marketing has been exploding in the last decade. Companies are starting to see real value in marketing content (instead of products or services) to consumers. And the real estate industry is no different. The goal of content is to get your prospective buyers engaged and lead them to the next step in the buyer’s journey. So if you’re not taking full advantage of all that content marketing has to offer, you could be missing out on a lot of potential sales.

Marketing 122
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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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Canada’s Housing Agency Put The Whole Country On Red Alert For The First-Time

Better Dwelling

First it was Vancouver… then Toronto. Add Halifax to the list. Then Niagara, Hamilton… Woodstock? Don’t worry, I have no idea where that is either. Canadian real estate is now so frothy even the government can’t ignore it. The Canada Mortgage and Housing Corporation (CMHC) published its Q3 2021 Housing Market Assessment (HMA). In it […].

Mortgages 106
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Ask Brian: What are the Most Common Home Repairs?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Jabari in MO: Hello Brian. As a new homeowner, I’d like to know the most common home repairs that I should be aware of and prepared for.

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The Six Habits of Highly Productive Real Estate Agents

Lab Coat Agents

It’s a miracle real estate agents are productive at all with so many distractions. It’s a never-ending journey to become a highly productive real estate agent. You can reach your full potential by developing habits that yield consistent outcomes. Time management has always been difficult for some agents. How do you stay productive between phone conversations with potential clients, drafting contracts, listing presentations, prospecting calls, and buyer consultations?

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FHFA: Home Prices Up in July

RIS Media

Across the U.S., home prices increased in July by 1.4% compared to June. The latest Federal Housing Finance Agency Housing Price Index (FHFA HPI®) also reports that house prices have risen 19.2% YoY. Census divisions breakdown: West North Central: +0.8%. South Atlantic: +1.9%. West North Central: +15.6%. Mountain: +25.6%. “Record appreciation rates for the U.S. continued in July,” said Dr.

Finance 101
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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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4 Things You Need to Do Before Contacting a Seller’s Agent

RISMedia

By Anica Oaks If you're thinking about putting your home on the market, then you're probably excited to contact a real estate agent to discuss details. While that professional is going to be an important component of this process, here are some other things that you may need to take care of before you speak […]. The post 4 Things You Need to Do Before Contacting a Seller’s Agent appeared first on RISMedia's Housecall.

Agents 138
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Mortgage and refinance rates today, Sept. 28, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose yet again yesterday. But only by the smallest measurable amount. Hopes that yesterday’s tiny fall represented an end to recent rises […].

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Steve Prendergast of First Team Real Estate Guides Small Business Owner and DACA Recipient to Homeownership

First Team Real Estate

Small business owner and DACA recipient Rubi Martinez was referred to First Team Real Estate agent Steve Prendergast two years ago from a past client when she decided to begin her home buying journey. Moving from Mexico to California as a teenager, she learned all about hard work and the construction business from her father who was a contractor, and mother who cleaned homes.

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A Diverse Approach

The Residential Specialist

Kara Wootson, CRS, uses not only a diverse marketing plan to be successful, but also works to bring diversity to her community. Kara Wootson, CRS, a REALTOR ® with Coldwell Banker Realty in Panama City Beach, Florida, hasn’t always lived and worked in the off-the-beaten-path beach community where she currently resides. Originally from Queens, New York, Wootson moved to Bay County from Atlanta eight years ago, and she began selling real estate just over five years ago before obtaining the CRS Des

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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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Brooklyn Real Estate Six Months Later: Three Sold, One in Contract

Brownstoner

This week, our look back at four of our featured listings from six months ago focuses on homes in Bay Ridge, Crown Heights, Sunset Park and Brooklyn Heights. How did they fare? Starting off this week, on the first floor of a 1920s Finnish co-operative building is a one-bedroom that… Read More > The post Brooklyn Real Estate Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

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NAR Unveils Top 10 Commercial Office Markets

RIS Media

The commercial real estate sector is on the path of robust recovery, according to new data from the National Association of REALTORS® (NAR) that analyzed 390 commercial markets, finding positive net absorption and strengthening rents across the multifamily, industrial and retail property markets as economic production rebounds to pre-pandemic levels.

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Wellington Free Outdoor Fun

Waterfront Properties

If you are looking for free family fun and entertainment in the Wellington area, head on over to the Wellington Amphitheater. The amphitheater is located at 12100 Forest Hill Boulevard in Wellington. Head on over to the Wellington Amphitheater for free outdoor concerts with tribute bands. Live concerts are on Thursdays, plus occasional Friday, and Saturday evenings.

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#TransformationTuesday With Sue La Bounty: Bluff Park Spruce Up

First Team Real Estate

Top Long Beach real estate agent Sue La Bounty is known for her keen design eye, helping local homeowners sell for more with just a few strategic – and affordable – updates. Case in point, 3010 E 1st Street in Long Beach’s historic Bluff Park neighborhood that her team sold last year. The coveted 4-bedroom, 3-bath home located just one block from the ocean had plenty of parking but hadn’t been remodeled or updated in years.

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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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Teams: How to Deliver Competition-Crushing Service

RIS Media

Think about the last time you had a fantastic experience as a customer. How did that experience make you feel? Now, think about the last time you had a poor experience. These two distinctly different interactions probably had an impact on you and influenced whether you would work with those companies or individuals again. Providing positive experiences for your customers should be the most important goal in your real estate business.

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How to Reduce Food Waste at Home

Point2Homes

Image: Rimma Bondarenko / Shutterstock.com. Food waste is becoming a serious problem. On a global scale, food products that end up rotting in landfills produce huge amounts of methane gas, significantly contributing to climate change. On a more personal scale, wasting food at home is literally like throwing money in the trash can. Fortunately, there are plenty of easy ways to reduce food waste at home.

Banks 97
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FHA Expands COVID-19 Forbearance Options

RIS Media

The Federal Housing Administration (FHA) announced new and extended COVID-19 relief options for borrowers recently or newly struggling to make their mortgage payments because of the pandemic and for senior homeowners with Home Equity Conversion Mortgages (HECMs) who need assistance to remain in their homes. These measures respond to the continued impacts of the pandemic and are part of FHA’s continuing evolution of its COVID-19 policies so that the right tools are in place to help borrower

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Maryland First-Time Home Buyer 2021: Programs and Grants

The Mortgage Report

Maryland first-time home buyers can use a wide variety of loan programs and grants to help them purchase a home. Learn about your options here.

Loans 106
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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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John L. Scott Celebrates 90 Years Through $90,000 Donation for Diverse Teacher Candidates

RIS Media

John L. Scott, a full-service residential real estate company serving the Western U.S., celebrates 90 years of business. What began in 1931 with a young, Scottish immigrant named John L. Scott setting up a shop in the burgeoning city of Seattle has since evolved into over 100 offices with more than 3,000 agents throughout Washington, Oregon, Idaho and California.

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How to Know Where to Drill in a Wall? Read This (or Risk a DIY Disaster)

Realtor.com

How to know where to drill in a wall? Should you drill into studs? How are electrical wires run in walls? Here's what to know before you start drilling. The post How to Know Where to Drill in a Wall? Read This (or Risk a DIY Disaster) appeared first on Real Estate News & Insights | realtor.com®.

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Consumer Confidence Falls to 7-month Low in September

Eye on Housing

Consumer confidence fell for a third consecutive month in September, as concerns about the Delta variant and higher prices continued to dampen optimism. Spending intentions for homes, cars, and major appliances all retreated. However, consumer confidence was still at a high level and the consumer price index has shown signs of easing inflation. The Consumer Confidence Index, reported by the.

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Elm Street Technology Acquires OutboundEngine

RIS Media

Elm Street Technology recently announced the acquisition of OutboundEngine, a marketing automation software company based in Austin, Texas. The acquisition of OutboundEngine complements and expands Elm Street’s Elevate platform, which provides an end-to-end suite of real estate technology and marketing services. “Elm Street Technology and OutboundEngine share a similar vision and culture, which we are confident will make this a powerful combination,” said Prem Luthra, president

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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.