Housing Wire

SEPTEMBER 16, 2021

The average 30-year-fixed mortgage continued to hover around the 2.86% mark for the week ending Sept. 16, according to Freddie Mac ‘s latest PMMS survey. Mortgage rates have been around that mark for roughly two months, leading economists at Freddie Mac to liken it to “Groundhog Day.” “The holding pattern in rates reflects the markets’ view that the prospects for the economy have dimmed somewhat due to the rebound in new COVID cases,” said Sam Khater, Freddie Mac’s chief econom

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Sotheby's International Real Estate

SEPTEMBER 16, 2021

There’s a keen satisfaction that comes from tending to one’s own garden or orchard, and with an increased interest in self-sustainability as of late, it’s no wonder homeowners are turning to their own garden plots for dining inspiration. From vegetable gardens to orchards and olive groves, there’s little else quite like harvesting a bounty from your own property. .

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Housing Wire

SEPTEMBER 16, 2021

As the summer comes to an end, several issues are top of mind for everyone: the impact of the Delta variant, the debate over when the Federal Reserve will taper its asset purchases, the situation in Afghanistan, and the federal debt limit and budget debate. When it comes to housing and mortgage markets this fall, most attention is being focused on the expiration of eviction and foreclosure moratoria and the pending completion of forbearance terms for many homeowners.

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Mortgages Loans VA loan Investor 493

Maximum Exposure Real Estate

SEPTEMBER 16, 2021

Selling Your Home to a Real Estate Investor Do you know the pros and cons of selling your home to one of the we buy houses flipping companies? You only have to drive around your town for a little while to come upon “We Buy Houses” or “We Buy Ugly Houses” type signs plastered all […]. The post Pros and Cons of We Buy Houses Flipping Companies appeared first on Massachusetts Real Estate Exposure.

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Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

SEPTEMBER 16, 2021

Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed. On the flip side, interest generated from traditional open houses declined from 2018, according to the National Association of Realtors ’ 2021 Profile of Real Estate Firms.

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Housing Wire

SEPTEMBER 16, 2021

Over half of non-homeowning millennials (60%) say student loan debt is delaying them from purchasing a home, making them the population most affected by student debt , according to the National Association of Realtors’ 2021 impact of student loan debt report. By comparison, only 53% of Gen Xers, 37% of Baby Boomers and 39% of Gen Zers felt this way, according to the study.

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Loans Debt-to-income ratio Mortgages As-is 403

Lighter Side of Real Estate

SEPTEMBER 16, 2021

With low inventory, high competition, and high prices, the summer has been a tough time to buy a home. But, the good news for buyers is that it looks like that’s about to change, and early October is poised to be a much better time to find and buy a property. According to a recent article from realtor.com , the best week to buy a home in 2021 is right around the corner—the first full week of October, October 3rd through the 9th.

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As-is Marketing 128

Housing Wire

SEPTEMBER 16, 2021

Kris Kully, Partner at Mayer Brown. We’re excited to kick off our weekly HW+ member spotlight! For the first HW+ spotlight, we’re featuring Kris Kully, a partner at Mayer Brown. Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates.

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Eye on Housing

SEPTEMBER 16, 2021

According to data from the Census Bureau’s Survey of Construction (SOC), the custom home share decreased to 17.8 percent of all single-family homes started in 2020—the lowest the annual custom home share has been since the 2005 re-design of the SOC. The custom home market consists of contractor-built and owner-built houses—homes built one at a time for owner occupancy on.

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Construction Design Marketing 122

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

The Mortgage Report

SEPTEMBER 16, 2021

Investment property and second home loans should be getting cheaper, as the FHFA has paused a rule that was increasing rates and fees.

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Loans Mortgages 119

Better Dwelling

SEPTEMBER 16, 2021

Canadian new housing supply is slowing, but no need to worry about a lack of inventory coming to market. Canada Mortgage and Housing Corporation (CMHC) data show new housing starts slipped lower in August. It might be premature to worry they might be falling too low though. Starts are significantly higher than usual, and not […]. The post Canadian New Housing Starts Slow, But A Supply Tsunami Is Still Coming appeared first on Better Dwelling.

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Mortgages Marketing New Construction Construction 118

BubbleInfo

SEPTEMBER 16, 2021

Home buyers don’t have much – if any – control over the process, which leads to frustration and disappointment. They don’t have any way to cause more homes to list for sale, and the only way to eliminate the competition is to out-bid them, which can be even more harrowing. One solution is for buyers […].

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Sales Agents 116

The Mortgage Report

SEPTEMBER 16, 2021

Cash-out refinance rules in Texas are a little different from the rest of the country. Learn about current Texas cash-out refi requirements and guidelines.

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Better Dwelling

SEPTEMBER 16, 2021

Canada’s red hot real estate market continued to cool, according to new numbers from the industry. Canadian Real Estate Association (CREA) data shows the seasonally adjusted sales to new listings ratio (SNLR) fell in August. The relative measure of demand is one of the core indicators used to determine how tight the market is. Since […].

Industrial 112

Industrial Sales As-is Marketing 112

The Mortgage Report

SEPTEMBER 16, 2021

Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. So they remain extraordinarily low. It’s looking as if mortgage rates today may nudge upward. This morning’s retail sales […].

Mortgages 105

Mortgages Sales 105

HomeLight

SEPTEMBER 16, 2021

“A lot of sellers think selling a house ‘for cash’ means the buyer is going to show up with a briefcase full of money for them, but that’s not the case,” says Lucas Machado, a real estate investor and owner of House Heroes, LLC. “A ‘cash offer’ simply means the offer does not include a financing contingency — in other words, it’s not dependent on the buyer being able to secure a loan.”.

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Title Inspection Proof of funds Investor 105

RIS Media

SEPTEMBER 16, 2021

We’re seeing more balance in the housing markets, but a second wind could be ahead, according to the latest data from realtor.com®’s Weekly Housing Trends Report. Key findings: – Median listing prices increased 9.7% YoY during the week ended Sept.11. – New listings increased 2.0% after last week’s dip. – Total active inventory was just 22% lower than last year, improving over the 25.8% YoY decline from last month. – Days on market decreased by 12 days ye

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Marketing Days on market As-is Industrial 98

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

First Team Real Estate

SEPTEMBER 16, 2021

NORTH TUSTIN CA – Thanks to his high-quality approach, relentless work ethic, and the support of First Team Real Estate, Harvey Vargas has closed a total of $13,342,200 in just 3 months with the company. Closing sale on two stunning luxury homes in North Tustin CA in less than two months this summer, top real estate Harvey is helping homeowners take advantage of this year’s white-hot market across Southern California.

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Marketing Sales Closing Loans 98

RIS Media

SEPTEMBER 16, 2021

Affordable or subsidized housing has been, and will remain, a complex and emotional issue, steeped in history, economics, race and politics. Many people worry about crime, crowding or other problems allegedly created by these projects. Though experts largely agree that an ongoing lack of affordable housing has created a crisis and there will need to be significant investments in building more, the how, where and to what degree remains hotly debated.

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Construction Development As-is Marketing 98

Brownstoner

SEPTEMBER 16, 2021

It’s a dream come true — for the developer. The Grand Prospect Hall was denied review for landmark status by the Landmarks Preservation Commission on Tuesday, making its imminent demolition all the more likely. In a letter to the neighborhood activists campaigning to save the building, the commission stated that… Read More > The post Citing Alterations, LPC Declines to Consider Grand Prospect Hall for Landmarking appeared first on Brownstoner.

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Development 98

RIS Media

SEPTEMBER 16, 2021

Hispanic Heritage Month, first proclaimed by President George H.W. Bush on Sept. 14, 1989, is celebrated annually from mid-September to mid-October. Here, RISMedia interviews several notable professionals advocating for closing the diversity homeownership gap and introducing solutions to some of the challenges the Hispanic community faces within the housing market. “It’s an ideal time for real estate practitioners to reach out to Hispanic and Latino families and share information abo

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Lending Development Industrial Mortgages 98

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Brownstoner

SEPTEMBER 16, 2021

Back in the early 20th century when they were first constructed, Brooklyn's Kinko townhouses offered “convenience, spaciousness and privacy” for “small families who appreciate artistic homes,” according to early ads, thanks to separate entrances and duplex layouts for each unit. That's still true today of this rarely available rental unit… Read More > The post Duplex in Park Slope Kinko Townhouse With Mantel, Woodwork, Dining Room Wants $8,200 appeared first on Brownstoner.

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Construction Marketing 98

RIS Media

SEPTEMBER 16, 2021

Brokerages vary in size, leadership style, business model, tech offerings and more. To get an idea of how real estate brokerages are doing business, we take a look at the National Association of REALTORS’® (NAR) new “ 2021 Profile of Real Estate Firms.” “Most REALTORS® are small businesses and work closely with small-business clients in their communities,” said NAR President Charlie Oppler, in a statement. “The ingenuity, perseverance and tireless efforts of o

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Brokerage Closing Sales Agents 98

Brownstoner

SEPTEMBER 16, 2021

Money was indeed an object in this three-story row house renovation, so much so that the homeowners were happy to hear their recently hired architect was taking off unexpectedly for a year in Italy. "They said, 'That's OK, we need time to save a bit more,'" recalled the architect, Luki Anderson… Read More > The post The Insider: Tight Budget on Crown Heights Townhouse Reno Calls for Clever Workarounds appeared first on Brownstoner.

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Renovation 98

Realtor.com

SEPTEMBER 16, 2021

Even with sky-high and still-rising prices, homebuyers aren't overextending themselves like in the runup to the housing bust in the mid-2000s. The post Despite Sky-High Prices, Today’s Homebuyers Aren’t Paying More Than They Can Afford appeared first on Real Estate News & Insights | realtor.com®.

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Mortgages 98

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Brownstoner

SEPTEMBER 16, 2021

In the News Downtown Brooklyn Arts Festival to Kick Off Next Weekend [BP]. The Big Rollout: Brooklyn Bridge Bike Lane Officially Opens [amNY] Tucum Serves Bed Stuy More than Just Coffee [BK Reader] 'NYC Pizza Run' Returning to Brooklyn After 2020 Hiatus [Patch] At the Heart of a Greenpoint Taqueria, a Massive Vat of… Read More > The post Daily Links: Brooklyn Bridge Bike Lane Officially Opens to Cyclists appeared first on Brownstoner.

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RIS Media

SEPTEMBER 16, 2021

The post 5 Ways to Boost Your Health in Under a Minute appeared first on RISMedia.

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Waterfront Properties

SEPTEMBER 16, 2021

The upscale Tex-Mex restaurant, Cactus Grille and Tequila Bar is coming to the boundary line between Palm Beach Gardens and Jupiter. The eatery will take over the former Burger Bar space at the Donald Ross Village Plaza. Cactus Grille and Tequila Bar has roots in Rhode Island. Cactus Grille and Tequila Bar is expected to open this fall, October 2021.

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