Housing Wire

FEBRUARY 4, 2021

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. Of course, nothing’s impossible. If buying a home is on your radar for 2021, there are still ways to do it. You’ll just need a little forethought and some good old creativity, and the American Dream could very well be within reach.

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Earnest money deposit Pre-approval Marketing New Construction 546

Keeping Current Matters

FEBRUARY 4, 2021

In today’s housing market, there are clear financial benefits to owning a home: increasing equity , the chance to build your net worth , and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater financial security and savings. 1.

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Fixed-rate mortgage Equity Finance Mortgages 276

Housing Wire

FEBRUARY 4, 2021

The average mortgage rate for a 30-year fixed loan remained unchanged last week from the week prior at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. With mortgage rates hovering below 3% for over six months now, Sam Khater, Freddie Mac’s chief economist, said this may be a sign of an economy still struggling. “This rate environment is advantageous for those who are looking to refinance in order to strengthen their financial position,” Khater said. “While ma

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Mortgages Lending Loans As-is 542

Better Dwelling

FEBRUARY 4, 2021

The first hurdle to buying a home in Canada is getting much higher – saving for a downpayment. A National Bank of Canada (NBC) analysis shows it took a record number of months to save a downpayment in Q4 2020. Households need to save for the longest period in history, passing even the late 1980s […]. The post Canadian Households Now Need Up To 34 Years of Savings For A Downpayment appeared first on Better Dwelling.

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Banks 143

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Housing Wire

FEBRUARY 4, 2021

A Zillow report released Thursday shows urban home values in Midwest cities — namely, St. Louis, Cincinnati, Cleveland, Kansas City, Columbus and Indianapolis — have risen faster than suburban home values over the past several months. Urban housing markets in the Midwest are generally more affordable than urban areas in other areas of the country. With the COVID-19 pandemic forcing millions to work from home, Zillow reported that demand is supercharging home values in those kinds of affordable a

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Imagine Your House

FEBRUARY 4, 2021

Stanzas built to portray a home’s real essence. How many of us truly appreciate our homes? Especially now. Now that we seem to be spending a lot more time at home. And I get it that this hasn’t necessarily been our choice, yet now that you have been glued to your home more or less, how do you feel about the walls surrounding you? No, I’m not speaking literally about the walls themselves!

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Technology Agents Marketing 141

Realtor.com

FEBRUARY 4, 2021

Ariel Skelley/Getty Images It’s no news to house hunters that the pickings are slim in today’s real estate market. While that has been true for several years, the pandemic has made the situation worse as virus-wary home sellers have pulled their properties off the market, resulting in sky-high prices and out-of-control bidding wars for the remaining stock.

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Housing Wire

FEBRUARY 4, 2021

Guaranteed Rate announced Wednesday it will air a 60-second commercial featuring Ultimate Fighting Championship fighter Dustin Poirier and NASCAR driver Ryan Newman during Super Bowl LV on Sunday, Feb. 8. The commercial will introduce Guaranteed Rate’s new brand campaign, “Believe You Will,” of which Poirier and Newman are ambassadors.

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Commercial Lending Mortgages Branding 424

Maximum Exposure Real Estate

FEBRUARY 4, 2021

Should I Pay Off My Mortgage Many people ask themselves, “should I pay off my mortgage?” As a homeowner, the idea of having your home paid off early is likely enticing. Who wants to pay a mortgage every month if they don’t have to? But, as with every big financial decision, it is essential to […]. The post Should I Pay Off My Mortgage Early: See The Pros and Cons appeared first on Massachusetts Real Estate Exposure.

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Housing Wire

FEBRUARY 4, 2021

Like many players in the non-Qualified Mortgage space, Deephaven Mortgage was forced to halt operations in 2020 when liquidity dried up. That was then, this is now. Deephaven is now set to issue a $146.2 million security backed by non-QM mortgages that have seasoned for an average of nine months, a presale report from S&P Global Ratings showed. This represents the first such issuance since June for the non-QM specialist.

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Mortgages Marketing Lending Investor 392

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 American Genius for Real Estate

FEBRUARY 4, 2021

(REAL ESTATE TECHNOLOGY) False rental listings have risen so Scamlord.ai is helping renters by offering education and guidance on how to avoid becoming a target of rental fraud. The post AI can now spot fake landlords and rental scams appeared first on The American Genius Real Estate.

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Technology 124

Housing Wire

FEBRUARY 4, 2021

PennyMac , the nation’s largest mortgage aggregator, posted net profits of $452.8 million in the fourth quarter of 2020. In all, the nonbank brought in $1 billion in revenue during the fourth quarter of 2020, its latest earnings report showed. The gains were driven by “core production and servicing results partially offset by fair value losses on mortgage servicing rights (MSRs) and associated hedging and other losses,” the firm said in a statement to investors.

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Lending Equity Loans Mortgages 374

Realtor.com

FEBRUARY 4, 2021

realtor.com | Getty Images They’re back. The Kansas City Chiefs smashed the hopes of the Buffalo Bills to reach Super Bowl LV. Now they’re looking for an elusive repeat in the big game. And because the Chiefs are return visitors to the spectacle of a Super Bowl, we’ve chronicled their housing histories —right around this time last year, in fact.

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Homes.com

FEBRUARY 4, 2021

For simple, affordable home organization, IKEA products can't be beat. Blending form with function, it's hard to narrow down our favorites.but we did! Here's seven of our favorites to help you stay clutter-free! The post Feeling Disorganized? These 7 IKEA Products Can Help! appeared first on Homes.com.

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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.

Sales

Realtor.com

FEBRUARY 4, 2021

iStock / Getty Images The breakneck pace of home price growth nationwide has caused more markets nationwide to become overvalued, according to a new report from Fitch Ratings. Fitch analysts estimate that home prices are 5.5% overvalued nationally as of the fourth quarter of 2020. Through November, national home prices were up some 8.9% since the start of the year, driving the overvaluation in the marketplace, they argued.

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Marketing Sales As-is Mortgages 124

Agent Drive

FEBRUARY 4, 2021

After years of showing signs of recovery, the real estate market is again exhibiting signs of a downturn signaling what could be the effects of oversupply and a decline in demand. Increased days on the market, as well as stagnating prices, also give the clearest indication that the market is slowly shifting towards the buyer, […]. The post Creative Ways To Market A Listing: Apartments Or Mobile Homes appeared first on AgentDrive.

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Brownstoner

FEBRUARY 4, 2021

The National Park Service will soon embark on a planned cleanup of southern Brooklyn’s Dead Horse Bay, which has been closed since August when park stewards discovered the presence of radioactive materials -- but one local historian is looking to salvage the trash currently scrapped in the bay, saying it… Read More > The post Dead Horse Bay Expert Fights to Save Its Historic Refuse Ahead of Radioactivity Cleanup appeared first on Brownstoner.

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Closing 111

The American Genius for Real Estate

FEBRUARY 4, 2021

(REAL ESTATE MARKETING) There are a lot of changes going around, but one has to wonder, once COVID-19 is taken care of, what will work-life look like going forward? The post How post-pandemic work-life will be different appeared first on The American Genius Real Estate.

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Marketing 111

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

The Mortgage Report

FEBRUARY 4, 2021

Today’s mortgage and refinance rates Average mortgage rates inched higher again yesterday. Although that was the latest in a recent series of increases, those rates are still nearer to the […].

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Mortgages 107

Realtor.com

FEBRUARY 4, 2021

kundoy/Getty Images; 1st Dibs; West Elm; Arteriors; Crate & Barrel With the pandemic temporarily shutting down bars and nightclubs in many states, staying in has officially replaced going out. But the party doesn’t have to end just because you’re not imbibing at your favorite watering hole. You can easily curate a bar space at home to enjoy a homemade version of your go-to cocktail. “I’ve had clients skeptical about installing wet bars who are now using them all the time,” says N

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RIS Media

FEBRUARY 4, 2021

Virtual assistants were the trending topic of 2020 in real estate. With the new year, there has never been a more important time to optimize your virtual real estate operations—especially during this pandemic. It’s time to double down. Considering a virtual assistant (VA) for your business? This quick read can help you make an informed decision.

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Realtor.com

FEBRUARY 4, 2021

Joe West Photography On the tiny Hawaiian island of Lanai , population 3,100, there are no traffic lights. It does have high-end luxury resorts, and one very high-profile resident, who happens to own most of the island. . The billionaire Larry Ellison is the majority owner of the smallest inhabited island of Hawaii, and he recently announced that he’s making Lanai his full-time home.

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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

Brownstoner

FEBRUARY 4, 2021

You have to look up to spot it, but while ambling along Fulton Street a sliver of a vintage sign can be glimpsed peeking out from amidst the surrounding storefronts. Made visible by the removal of an awning, the bit of signage includes a "W" inside an apple and enough text… Read More > The post Look Out for the Apple: A Sign From the Past Pops Up in Downtown Brooklyn appeared first on Brownstoner.

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Waterfront Properties

FEBRUARY 4, 2021

Finally, the food trucks are back at Abacoa in Jupiter Come have a taste some of the finest food wagon’s cuisine in South Florida as the Food Truck Invasion rolls into Abacoa Town Center every 2nd Friday of the month. Friday January 12, 2021 @ 5:30pm – 10:00 pm. The food trucks roll in. There is something for everyone. Encounter a range of exceptional cuisines from American, Indian, Italian, Seafood, Mexican and more.

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As-is 103

RIS Media

FEBRUARY 4, 2021

I have spoken often about the phrase “coach, don’t close,” and for those who haven’t heard me say that before, I want to clarify what it really means. Closing vs. Coaching. Closing is an old approach to sales. “Let me close that deal.” “Let me get that listing appointment.” “Let me make that big sale.” The essence of closing is all about you.

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Closing Agents Sales Marketing 103

Eye on Housing

FEBRUARY 4, 2021

Weekly initial jobless claims declined by 33,000 in the week ending January 30. Continuing claims, which lag initial jobless claims by one week, decreased by 193,000 in the week ending January 23. This week’s jobless claims indicate that the labor market is recovering from the COVID-19 pandemic gradually. More hiring is expected when Coronavirus vaccines become more widely distributed.

Marketing 101

Marketing 101

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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.

Agents

RIS Media

FEBRUARY 4, 2021

As you might have heard, we lost a broadcasting legend this week—Larry King—who hosted more than 50,000 interviews during a celebrated career that included two Peabodys, an Emmy and ten Cable ACE Awards. And back in the day, Bob and I had a chance to have breakfast with Larry King at the iconic Beverly Hills deli, Nate n Als. If you look it up, Larry King was famous for his breakfasts at Nate n Als, and it was a morning I’ll never forget.

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As-is Development Agents Brokerage 103

Imagine Your House

FEBRUARY 4, 2021

Stanzas built to portray a home’s real essence. How many of us truly appreciate our homes? Especially now. Now that we seem to be spending a lot more time at home. And I get it that this hasn’t necessarily been our choice, yet now that you have been glued to your home more or less, how do you feel about the walls surrounding you? No, I’m not speaking literally about the walls themselves!

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Technology Agents Marketing 98

RIS Media

FEBRUARY 4, 2021

Brown Harris Stevens recently announced that 14 of its New Jersey agents were recognized as 2020 NJ REALTORS® Circle of Excellence® Sales Award® Winners. The award honors those members who have displayed excellence in the field of salesmanship. The following Brown Harris Stevens agents are this year’s Circle of Excellence® Sales Award® recipients: 2020 NJ REALTORS® Circle of Excellence® Sales Award® Platinum: – Peter Cossio, Hoboken Office. 2020 NJ REALTORS® Circle of Excellence® Sal

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Sales Agents Industrial 103

Waterfront Properties

FEBRUARY 4, 2021

The Kravis Center for the Performing Arts is offering virtual coaching and classes for students. Registration is now open for students who want one-on-one enrichment in the arts. The performing arts center began its ‘Bring Down the House’ virtual event last year and are planning to continue the virtual coaching through 2021. The Kravis Center typically invites a diverse array of international and national artists and performances throughout the year and have helped millions of students locally t

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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