Thu.Jan 20, 2022

Share of Mortgage Loans in Forbearance Decreases to 1.41% in December

RIS Media

The Mortgage Bankers Association’s (MBA) new monthly Loan Monitoring Survey release this week revealed that the total number of loans now in forbearance decreased by 26 basis points from 1.67% of servicers’ portfolio volume in the prior month to 1.41% as of December 31, 2021.

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Did existing home sales peak in 2021?

Housing Wire

The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 million. This number is in line with my sales range for 2021 of 5.84 million to 6.2 million, but a tad higher than my existing home sales range for 2022, which is between 5.74

Sales 387
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Buyers Want To Know: Why Is Housing Supply Still So Low?

Keeping Current Matters

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? Buying Myths For Buyers Housing Market Updates Content Hub

Mortgage rates have eclipsed 3.5%

Housing Wire

The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%.

Kick-Off Your Summer With Never-Ending Prospects

Speaker: Kevin Smullin, Founder, 2Q Lead Generation Strategies

In this webinar, Kevin Smullen will demonstrate a methodology that will help you create a pipeline with continuous prospects.

Existing Home Sales Strongest Since 2006 Despite Supply Limits

Eyes on Housing

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR).

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More Trending

Company offers two free homes to its workers to encourage them to stay

Realty Biz

Companies are feeling under threat by the so-called “Great Resignation”, which has led to numerous employees leaving their workforce. Some have responded by offering workers big bonuses and higher pay to refrain from leaving.

Staying prepared in a changing mortgage market

Housing Wire

Hosted by Mortgage Capital Trading. Collateral valuation is a critical component of mortgage lending and the home sales process.

How Fast Do Homes Sell in Boston?

Realty Biz

Boston’s real estate market is one of the fastest growing housing markets in the nation over the past decade. Median sales prices have consistently grown by near double-digit margins since 2015 thanks to a rapidly growing local population and a shortage of single-family homes.

As omicron surges, some major lenders are quiet about safety measures

Housing Wire

During the onset of COVID-19 in 2020, mortgage lenders were eager to discuss the measures that they were putting in place to keep employees safe. Two years later, as the omicron variant surges, some lenders have very little to say.

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

Remodeler Sentiment Continues to Improve Year-over-Year

Eyes on Housing

The NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter posted a reading of 83, up four points from the fourth quarter of 2020. The reading is a sign of positive residential remodeler sentiment for projects of all sizes.

“I don’t want to say we’re archaic”: Appraisal Institute president vows reform

Housing Wire

The residential real estate appraisal industry is staring at a fork in the road. The latest reminder is a report released Wednesday from the Appraisal Subcommittee , a part of the federal government in charge of monitoring appraiser standards.

Boomers and Their Kids

BubbleInfo

One of the primary questions? How are the kids going to be able to buy a home? If prices just stay at this level, it will be near impossible for local kids to save the down payment and afford the monthly nut when starter homes are selling for around $1,200,000. Plus, there is the incentive […].

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Home sales dip in December, yet saw the highest annual bump since 2006

The American Genius for Real Estate

(REAL ESTATE) Despite rising mortgage rates and tightening underwriting standards, home sales jumped annually at a rate not seen since before the crash. The post Home sales dip in December, yet saw the highest annual bump since 2006 appeared first on The American Genius Real Estate.

Sales 87

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

Weichert Named a Top Franchise by Entrepreneur Magazine for 18th Straight Year

RIS Media

Weichert Real Estate Affiliates, Inc. was recognized as one of the top 500 franchises across the United States and Canada for the 18 th straight year by Entrepreneur magazine, as the outlet recently announced its 43 rd annual “Franchise 500®” ranking.

Water Softeners – The Be All End All Of Hard Water Treatment

Realty Biz

Hard water contains high amounts of calcium and magnesium. Hard water is generally problematic: It leaves deposits in pipes that clog them, reducing their efficiency. It interferes with soap lathering, meaning you’ll have to use a lot more soap for your laundry.

West Palm Beach Home Show

Waterfront Properties

The West Palm Beach Home Show is coming back in February. Retailers will be exhibiting a vast array of elements for ideas to improve, decorate, and renovate your home. Vendors will showcase items for indoors and outdoors. The home expo will showcase everything for In and around your home.

Commercial real estate sector recovery driven by incentives

Realty Biz

Office rents have more or less recovered from the huge slump that occurred at the start of the COVID-19 pandemic. These days, companies are willing to pay high-dollar rents and sign long leases, but it’s not because everyone has rushed back to work all of a sudden.

The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

FHA for first-time home buyers: Why use an FHA loan?

The Mortgage Report

Explore benefits of the FHA loan for first-time home buyers, including low down payments and flexible loan requirements. FHA Home Buying First-Time Home Buyers FHA Housing Mortgage mortgage rates Real Estate

Pantone’s Color of the Year 2022

Waterfront Properties

Pantone is a company known for forecasting design trends. Have you heard about Pantone’s Color of the Year for 2022?

Maintaining a Winning Position

RIS Media

Steve Kloetsch. Co-Founder/CEO. Andy Kloetsch. Co-Founder/COO. RSVP Real Estate ERA Powered. Bellevue, Washington. www.rsvpre.com. Region served: Washington State. Years in real estate: Steve: 17; Andy: 23. Number of offices: 2. Number of agents: 400.

Abacoas Green Market - Jupiter

Waterfront Properties

Head on over to Downtown Abacoas Green Market every Wednesday featuring specialty vendors, local handmade artisan goods and more The Abacoa Green Market, organized and started by the owner of Stadium Grill, kicked off at the beginning of October.

#Trending: How to Leverage Instagram’s Algorithm to Build Your Pipeline

Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency

In this session, The Broke Agent and Matt Lionetti will break down the strategies they utilize to grow their Instagram accounts to over 360,000 and 40,000 followers. They will also discuss vertical video, podcasting, and the importance of producing consistent content!

BETTER HOMES AND GARDENS® REAL ESTATE ENTERS SOUTH DAKOTA

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Beyond based in Sioux Falls, S.D. The company becomes the first BHGRE® affiliate in the state.

The Institute: December Luxury Market Report

RIS Media

The Institute’s Luxury Market Report is your guide to an analysis on the trends and comparative data on the top-residential markets throughout Canada and the United States.

Bank of Canada Raising Rates Can Drop Real Estate Sales Over 50%: BCREA

Better Dwelling

Canada’s central bank is preparing to raise rates, and everyone is trying to guess what this means. The BC Real Estate Association (BCREA) is the latest to forecast the impact of a rising overnight rate. If the Bank of Canada (BoC) hikes as expected, BC home sales will see a modest decline.

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Report: Inventory Down More Than 40% From Pre-Pandemic Level

RIS Media

As the consumer shopping season wound down in December, real estate demand remained high amidst staggeringly low inventory. Zillow’s latest market report showed housing inventory is down 40.5% versus December 2019—just a few months before the COVID-19 pandemic began.

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