Housing Wire

MAY 25, 2021

New legislation would extend a benefit similar to Veterans Affairs loans to first responders and teachers who buy homes. U.S. Representatives John Rutherford (R-Fla.), Al Lawson (D-Fla.), John Katko (R-N.Y.), and Bonnie Watson Coleman (D-N.J.) introduced the bill , dubbed the Homes for Every Local Protector Educator and Responder Act, on May 13. The bill would allow borrowers to finance up to 100% of the acquisition price.

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Keeping Current Matters

MAY 25, 2021

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come. realtor.com. “. homes continue to sell quickly in what’s normally the fastest-moving time of the year.

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Housing Wire

MAY 25, 2021

Record-high building material prices and a continued lack of labor brought down new home sales in April to a seasonally adjusted annual rate of 863,000 ? roughly 5.9% lower than the revised March rate, according to a joint analysis from the U.S. Census Bureau and the Department of Housing and Urban Development. While homebuilders grapple with supply constraints, demand has yet to be met.

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Better Dwelling

MAY 25, 2021

One of Canada’s frothiest market indicators surfaced — rents are rising with vacancies. Canada Mortgage and Housing Corporation (CMHC) data from their 2020 rental survey shows a sharp uptick in vacancies. Normally this is expected to bring prices down, but not in a property bubble. Rental prices continue to rise along with increasing vacancies. In […].

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Agents

Housing Wire

MAY 25, 2021

The semi-annual “Realtors Legislative Meeting” of the powerful National Association of Realtors wrapped up earlier this month with the election of new leadership, and the NAR telling regional Multiple Listings Service’s what to do on listing addresses ( post them all !). But the session did not reach a looming inflection point for real estate agents: Whether they must tell homebuyers what commission percentage they stand to make.

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Better Dwelling

MAY 25, 2021

Greater Toronto new home prices slipped, as inventory helped to ease pricing pressure. BILD GTA, a local developer group, said sales climbed in April, especially in the condo segment. Higher inventory helped to attract more buyers, but also contributed to lower prices. New home prices fell up to $48,000 in just one month. A hefty […]. The post Toronto New Home Prices Fall Up To $48,000, As Supply Eases Pressure appeared first on Better Dwelling.

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Better Dwelling

MAY 25, 2021

Canadians aren’t using their homes like an ATM. At least not as much as you would think. Bank of Canada (BoC) data shows home equity line of credit (HELOC) balances reached a record high in March. It barely did so, with a rate of growth so low it would be negative if inflation adjusted. This […]. The post Canadians Now Owe Over $260 Billion In HELOC Debt, A New All-Time Record appeared first on Better Dwelling.

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Housing Wire

MAY 25, 2021

Title-services giant Stewart Title announced today the acquisition of Cloudvirga , a leading fintech company that powers digital mortgages through its retail and wholesale point-of-sale systems. The addition of Cloudvirga, founded in 2016 and used by 10 of the country’s top 40 mortgage lenders, strengthens Stewart’s positioning in the mortgage finance space, said Fred Eppinger, Stewart CEO.

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Realtor.com

MAY 25, 2021

Getty Images Living in the same house day after day, your eyes will just glide over the things that a home buyer will zoom in on right away: the peeling paint around the front door, or the sagging gutters. But if you want to impress those buyers—or the friends and family you’ll be welcoming to your home soon—you should take some time to spruce up your home’s exterior.

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Housing Wire

MAY 25, 2021

San Francisco-based Snapdocs , a digital closing platform for the mortgage industry, has announced a $150 million Series D funding, bringing the company’s total funding to $260 million and total valuation to more than $1.5 billion. The round was led by Tiger Global , with participation from Sequoia, Y Combinator, F-Prime, Maverick, Alkeon and Wellington Management.

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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

The Mortgage Report

MAY 25, 2021

Mortgage requirements are easing up. That's good news for home buyers. It may be easier to buy with low credit or a low down payment than it was in 2020.

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Mortgages 133

BubbleInfo

MAY 25, 2021

This home in La Costa Oaks listed for $1,800,000, and then the price was raised to $1,900,000. It closed yesterday for $2,150,000 – here is the video tour: We sold the same model for $1,910,000, and the sale closed today: [link] Two of the same models, on the same street, sold the same week and […].

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Toronto Realty Blog

MAY 25, 2021

TorontoRealtyBlog. How was your long weekend? Any better or worse than it would have been had we not been in a pandemic, or a pseudo-lockdown that very few people in society seem to actually be following? I’ll admit, I still don’t really understand the lockdown. I’ll also admit that I have never really read the “rules” per se, but while some people believe they aren’t supposed to leave their house unless they need groceries, others are literally dancing in

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BubbleInfo

MAY 25, 2021

San Diego has had positive gains straight through the Covid-19 era, and we are really ramping up in 2021 with a 3.3% monthly gain in March! We kept our #2 spot in the nation, and are right behind Phoenix: San Diego Non-Seasonally-Adjusted CSI changes Observation Month SD CSI M-o-M chg Y-o-Y chg Jan ’20 264.04 […].

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Sales

Eye on Housing

MAY 25, 2021

In March, national home prices continued to rise at a fast — and unsustainable rate — pushed by strong demand and low housing inventory. Home price appreciation accelerated in most metro areas. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 20.0% in March, following.

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Sotheby's International Real Estate

MAY 25, 2021

In the foothills of the Santa Monica Mountains, as they roll away toward the urban expanse of Los Angeles, the town of Encino is a peaceful enclave named for the oak trees that are strewn across its landscape. Fittingly, this beautiful seven-bedroom home is nestled amid an array of tall trees on a quiet hillside cul-de-sac, creating a truly idyllic oasis for leisurely living and festive entertaining in the prestigious Royal Oaks community.

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Brownstoner

MAY 25, 2021

This week, our look back at four of our featured listings from six months ago, focused on homes in Fort Greene, Prospect Lefferts Gardens, Ditmas Park and South Midwood. How did they fare? First up, this modestly detailed one-bedroom offers some appealing features, including outdoor space and plenty of closets.… Read More > The post Brooklyn Real Estate Six Months Later: Two Sold, Two in Contract appeared first on Brownstoner.

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Marketing 105

Better Dwelling

MAY 25, 2021

New home sales are finally starting to slow down across the US, but they have a long way to go to get to typical levels. US Commerce Department data shows new home sales fell in April. The drop was also accompanied by a large revision for the previous month. It’s too soon to tell if […]. The post US New Home Sales Fell Nearly 5% Last Month, Previous Month Gets A Big Revision appeared first on Better Dwelling.

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Sales 104

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

Realtor.com

MAY 25, 2021

Colin Michael Simmons/ Lakestreet Photography From the outside, you can’t tell that the quaint house on 11th Street SW in Rochester, MN, holds a secret. Connected to the 3,000-square-foot home, known as the Plummer Pumphouse, are 3,600 square feet of underground caves. Both the house and the caves below are included in the property’s $550,000 list price.

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RIS Media

MAY 25, 2021

Register for the Virtual REALTOR® Broker Summit live-streamed June 29 and June 30! Learn elevated concepts to take your business to the next level. The $99.95 registration includes 30 days of unlimited content access. Visit the official Broker Summit site to learn more. The post Brokers, Redefine Your Business and Attend Virtual REALTOR® Broker Summit!

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First Team Real Estate

MAY 25, 2021

Southern California home prices hit an all-time high this April as the hot seller’s market got even hotter. According to statistics from DQNews, median home price increased 20.2% year over year to a record $655,000, across Southern California including LA , Orange , Riverside , San Bernardino , San Diego , and Ventura Counties. Becky Beavers of DQNews says the 20.2% jump is the first year-over-year increase of more than 20% since December 2013.

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RIS Media

MAY 25, 2021

BoomTown Provides North Carolina Firm the Tools and Know-How to Optimize Their Online Presence. Landin. For Mahala Landin—managing partner/broker in charge at The Rachel Kendall Team in Raleigh, North Carolina—consistency and balance are key when it comes to creating a powerful digital presence. Another component that can’t be overlooked, according to Landin, is the team’s partnership with BoomTown—a leading sales and marketing platform for real estate professionals. “BoomTown

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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

Lab Coat Agents

MAY 25, 2021

When people think of real estate agents, the image that comes to mind is usually the friendly face behind the purchase or sale of a pre-existing residence. What most don’t think about is the real estate transactions that occur with builders. Whether or not you have a background in construction or previous history with builders, this niche can be a great choice to focus on as a real estate professional.

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Realtor.com

MAY 25, 2021

By its very nature, moving is a transition. It represents saying goodbye to a place that is known and opening yourself up for a new experience. That excitement multiplies when you’re also transitioning from one stage of life to another—which is exactly what Dannica Hill did when she left the state where she was raised in search of a new adventure across the country.

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First Team Real Estate

MAY 25, 2021

This guest post is written by Brandice Presley, one of the top real estate agents serving 90740. There are very few Seal Beach schools serving local residents, but they are all highly rated schools which makes the value of local real estate even greater. Served by the Los Alamitos School District, homes for sale in Seal Beach 90740 are highly valued because of the top-rated schools and amazing location near the beach.

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Waterfront Properties

MAY 25, 2021

Palm Beach County is home to numerous family-friendly activities to do. From the miles of sandy beaches, boating, water sports, hundreds of golf courses, excellent shopping, highly rated schools, and award-winning restaurants there is something for everyone. After spending the day out in the sunshine or relaxing by the pool, the area is home to great local and award-winning cafes and restaurants to grab something to eat.

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Agents

RIS Media

MAY 25, 2021

A robust growth strategy prompted by Elm Street Technology’s partnership with Aquiline Capital Partners , a New York- and London-based private investment firm with over $6 billion in assets under management, led to a recent wave of hires. The real estate technology and digital marketing company added the following team members : James Tallman as chairman of the Board of Directors, Robyne Gaudreau as chief financial officer and Madison Davis Kelly as executive vice president of M&A. 

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Coldwell Banker

MAY 25, 2021

Coldwell Banker Realty Agents Share How Pandemic Shaped Home Buyer Priorities. The post New Jersey Housing Market Underwent Seismic Shift During COVID-19 appeared first on Coldwell Banker Blue Matter.

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Waterfront Properties

MAY 25, 2021

The Roger Dean Chevrolet Stadium located within Downtown Abacoa is hosting three baseball games beginning this Thursday. Downtown Abacoa is home to a variety of shops, boutiques, restaurants, and entertainment to check out before attending one of the baseball games this Memorial Day weekend. The Roger Dean Chevrolet Stadium is home to two Minor League Baseball Teams, The Jupiter Hammerheads, and the Palm Beach Cardinals.

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Fancy Pants Homes

MAY 25, 2021

There’s a certain charm that’s specific to Old Hollywood. And this sprawling estate that used to belong to Sunset Boulevard actress Gloria Swanson is a fit display of the elegance and sophistication of those times. The Gloria Crest Estate in Englewood, New Jersey was originally brought to market in 2013 with a hyper expensive price tag of $39 million.

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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