Fri.Feb 19, 2021

Millennials are driving US home sales

Housing Wire

Existing home sales rose for the second consecutive month , as January saw a seasonally-adjusted annual rate of 6.69 million purchases – up a robust 23.7% year-over-year. You can thank Millennials for that.

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Newsmakers Hall of Fame: Dan Forsman Stands Behind the Power of Mindset

RIS Media

Industry veteran Dan Forsman —president and CEO of Berkshire Hathaway HomeServices Georgia Properties —was recently inaugurated into RISMedia’s 2021 Real Estate Newsmakers Hall of Fame.

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Existing home sales are still too hot

Housing Wire

The National Association of Realtors reported that existing home sales for January were at 6,669,000, which beat estimates. The year-over-year growth was an impressive 23.7%. The median sales price also jumped 14.1% year over year, which I warned could happen during the years 2020-2024.

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Downsize or Upsize—Which Is Right for You?

American Lifestyle

The post Downsize or Upsize—Which Is Right for You? appeared first on American Lifestyle Magazine.

5 first-time homebuyer mistakes to avoid

Housing Wire

The first-time homebuyer process is a lengthy one, and if you’re not careful, there’s a lot that can throw you off-track. From low appraisals to surprise credit checks, a number of hurdles could slow your purchase or even derail it altogether. Are you on the hunt for a new home?

Everything’s A Bubble, and Canadian Real Estate Was One of The Worst Returns

Better Dwelling

Canadians are scrambling to buy a home and catch that huge wage of profits… but is it really that profitable? It depends what you’re comparing it to. When central banks flood the market with cheap money, almost everything soars. It’s not just real estate that is profitable.

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More Trending

Growth Ahead for New Single-Family Home Size?

Eye on Housing

An expected impact of the virus crisis is a need for more space, as people use their homes for more purposes. And while this measure has not increased significantly yet, new home size did level off in 2020 after years of decline.

Mortgage delinquencies are declining, but a rise is coming

Housing Wire

Consumer credit activity rose in the fourth quarter of 2020, as low interest rates and high housing demand continued to fuel mortgage demand, according to TransUnion’s latest industry insights report. Serious delinquency rates in mortgages declined year-over-year to 0.7%

Get a no-closing-cost mortgage and a low rate, too

The Mortgage Report

A no-closing-cost refinance or home purchase saves you money upfront But your rate will be higher. Learn when a no-cost mortgage is a good idea. Mortgage Strategy Gina Pogol Housing Mortgage Mortgage Closing Costs mortgage rates Real Estate

Weiss Analytics launches AVM powered by geospatial AI

Housing Wire

From thousands of feet above your home, a high-tech camera snaps pictures of your roof, the mess of debris in your yard, and that pool you hate cleaning. Pictures like these could cost – or save – you thousands of dollars when deals are about to close.

Selling Your Home? Here’s What Not to Display in Your Home Office

Lighter Side of Real Estate

With more people working from home than ever, the home office has become a major selling point to many potential buyers—and if you want to attract those potential buyers, you need to frame your office in a way that’s going to appeal to them.

States Title raises $150M for home closing tech

Housing Wire

Title insurance upstart States Title announced this week $150 million in debt financing from HSCM Bermuda , which will go towards developing a more modern home closing experience.

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3 Reasons Southern California is Definitely Not in a Housing Bubble

First Team Real Estate

According to statistics from the California Association of REALTORS®, statewide median home prices reached $717,930 in December 2020 , up 16.8% from December 2019.

Servicers undergo critical test for future success

Housing Wire

It hasn’t been that long since the mortgage industry worked through the challenges of the early part of the century and now, once again, we find ourselves in a time when serving our customers is filled with financial hardships and uncertainty about the outcome.

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5 Sweet Tax Deductions When Selling a Home: Did You Take Them All?

Realtor.com

Feverpitched / Getty Images You may be wondering if there are tax deductions when selling a home. And the answer is: You bet! Sure, you may remember way back to 2018 and its new tax code—aka the Tax Cuts and Jobs Act—changed some rules for homeowners.

Stewart Title capitalized on refi wave with strong Q4 2020

Housing Wire

Following an impressive fourth quarter, Stewart Title announced a 10% increase in the company’s annual cash dividend to $1.32 per share. Fred Eppinger, Stewart CEO, said he asked the company’s Board of Directors for the increase in order to be consistent with shareholders.

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Mortgage and refinance rates today, February 19, 2021

The Mortgage Report

Today’s mortgage and refinance rates Finally, average mortgage rates edged lower yesterday. It had been more than a week since the previous fall. And it made up only about one-tenth […]. Mortgage Rates Now

Flagstar’s Courtney Thompson to speak at Spring Summit

Housing Wire

Courtney Thompson, senior vice president of default mortgage at Flagstar Bank , will speak on a panel titled Servicing Challenges in a Pandemic Period at HousingWire’s Spring Summit on March 4.

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BREAKING: Redfin to acquire RentPath for $608M

Inman

After the FTC spiked CoStar Group's bid to buy RentPath, Redfin has stepped in to buy the embattled operator of rental portals Rent.com and ApartmentGuide.com. The move marks Redfin’s entrance into the real estate rental marketplace.

What a Homebuyer Wants in 2021

RIS Media

Sparked by pent-up demand, the ability to work from anywhere, and the need for more space, real estate sales are on the rise across the country, making it a prime time for would-be sellers to consider listing their home.

Adorable and Affordable in Hillsboro Offered at $374,900

The Living Room

Ha, gotcha with the built-ins! Aren’t they cute? Now that I have you here, let’s talk about Hillsboro and this home that are sure to make your heart go pitter patter.

Will an Attic Renovation Increase Your House’s Value?

RIS Media

For many families, the attic is a place to store old clothes, holiday decorations and other things that aren’t used on a regular basis.

15 Simple Ideas to Make a House a Home

Redfin

Your house should make you feel welcomed as soon as you step through the door, but this feeling isn’t something that always happens on its own.

How to Use a Mirror to Make a Room Seem Larger

RIS Media

If a room in your house is on the small side, you may be trying to figure out how to decorate it in a way that will make it seem more spacious. A mirror, when placed in the right location, can make a tight space seem much larger than it really is. . Reflect Light.

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4 Areas for Appraisers to Focus Their Professional Efforts in 2021

McKissock

The appraisal profession is aging. According to the 2020-2021 Appraisal Income Guide , more than 15% of certified general appraisers indicate they will retire in the next 6-10 years.

Trust Donates $1.8 Million to Scripps Research Jupiter Campus

Waterfront Properties

Scripps Research Institute’s Florida Campus in Jupiter received a philanthropic gift from the William R. Kenan, Jr. Charitable Trust to provide science education training opportunities for local elementary, middle, and high school students. The William R. Kenan, Jr.

Short on Light? These 4 Houseplants Are For You

RIS Media

If you’d like to add some greenery to your indoor life, but your home is lacking in natural light, don’t worry—there are many varieties of houseplants that thrive in low-light environments.

Now Renting in Calabasas, Nelly Is Selling Abandoned Mansion in Missouri

Realtor.com

realtor.com, Mat Hayward/Getty Images Nelly is ready to take off from his abandoned Missouri digs. The hip-hop star has placed an unfinished remodel in Wildwood, MO, on the market for $599,000. This is a precipitous drop from the listed price of $2.5

How to Clean Your Glass Shower Door

RIS Media

No matter how hard you scrub, you may be having a tough time getting your glass shower door sparkling clean. That’s because soap scum and hard-water stains can cause a cloudy build-up to form that seems impossible to remove.

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Tools to Target Seller Leads and Listings in a Tight Inventory Market

Boom Town

With inventory dipping ( NAR’s latest report detailed housing inventory sinking to 1.07 million and a 1.9 month supply back in December), real estate agents and teams across the country are feeling desperate for new listings.

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