Fri.Dec 04, 2020

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CoreLogic projects low mortgage rates and high prices into 2023

Housing Wire

CoreLogic released its final three-year housing and mortgage outlook report for the year on Thursday, and if numbers hold up, the data company predicts 2021 will maintain its unprecedented sales and record low mortgage rates as the economy continues to recover. CoreLogic chief economist Frank Nothaft said in a podcast on Friday that the term “unprecedented” best describes 2020.

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The Path to Homeownership [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re thinking of buying a home and not sure where to start, you’re not alone. Here’s a map with 10 simple steps to follow in the homebuying process. Be sure to work with a trusted real estate professional to learn the specific path to take in your local area. The post The Path to Homeownership [INFOGRAPHIC] appeared first on Keeping Current Matters.

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Haus economist on pandemic’s impact on housing market in 2021

Housing Wire

Ralph McLaughlin Haus Chief Economist and SVP of Analytics. This is the first installment of our economist Q&A series of the top housing market forecasts for 2021. Every Tuesday in December in the HW+ Slack channel, HousingWire will be hosting a Q&A with a different economist to dig into their predictions for the upcoming year. To kick off the series, HousingWire Interviewed Haus Chief Economist and Senior Vice President of Analytics Ralph McLaughlin on his predictions for the year ahead

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‘Flipping Across America’ Reveals 5 Smart Upgrades To Do Before You Sell

Realtor.com

HGTV “Flipping Across America” is back for Season 2! With “Windy City Rehab” star Alison Victoria hosting, viewers get to watch two flips unfold and learn which renovation reaps the best return on investment. In the season premiere, “Desert Oasis,” Victoria introduces the two flipping teams. “Boise Boys” stars Clint Robertson and Luke Caldwell will renovate a house in Boise, ID, while “Desert Flippers” hosts Lindsey and Eric Bennet will update a residence in Palm Springs, CA.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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iBuyer purchase volume sank 82% YoY in Q3

Housing Wire

iBuyer purchase volumes were significantly lower during the third quarter this year than they were pre-pandemic, according to zavvie ‘s inaugural Seller Preference Report. In Q3, iBuyer purchases dropped 82% year over year. Zillow , Redfin , Offerpad and Opendoor all paused respective iBuying practices in March, citing COVID-19 concerns. The report said that collectively, iBuyers have been purchasing homes at an average 95.5% of market value across all markets since then.

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5 Festive Foyer Looks We Stole From Instagram That’ll Instantly Put You in the Holiday Spirit

Realtor.com

Tobi Fairley Interior Design/Houzz The holidays usher in a grab bag of conflicting emotions, but the one thing most of us non-Grinches can agree on is a mutual appreciation for holiday decor. From frosted snowflakes to golden tinsel, there’s something undeniably magical about this time of year—and where better to showcase your spirit than in the entryway of your home?

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Agents Reveal 24 Crazy Ways a Real Estate Deal Can Go Off the Rails

Lighter Side of Real Estate

Appointments, deals, and closings get cancelled all the time in real estate. It’s something you get used to (or at least have to learn to deal with) as an agent. A lot of times, you don’t even get a reason why. So, it’s always nice when you can get a firm answer as to why a client is cancelling. But, it’s even better when the reason you get is so off-the-wall crazy that it becomes a good story you can tell!

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Canada’s Largest Bank Says It’s Putting “Greater Weight” On Home Price Declines

Better Dwelling

Canada’s largest bank doubled down on their real estate forecast this week. Royal Bank of Canada (RBC) held its quarterly earnings call, and the bank shared how they are prepared for the next few quarters. On the call, the bank’s chief risk officer (CRO) reiterated their forecast on real estate prices. Some may think we’re […]. The post Canada’s Largest Bank Says It’s Putting “Greater Weight” On Home Price Declines appeared first on Better Dwelling.

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The Walk-In Kitchen Pantry Is the New Designer Shoe Closet

Realtor.com

Lindsay Salazar for The Wall Street Journal When Tara Jenson began planning a $1.5 million home in Gilbert, Ariz., with her husband, Kendall Jenson, there was one dream amenity she wouldn’t compromise on: a walk-in pantry. And not just any pantry, but one with multilevel shelves arrayed with custom-labeled clear canisters for snacks and airtight bins of decanted Froot Loops and bran flakes.

Design 117
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NAR teams up with AARP to improve options for senior real estate

The American Genius for Real Estate

(REAL ESTATE ASSOCIATIONS) Senior real estate has unique challenges for those who need it, but NAR is teaming up with AARP to provide Realtors the resources they need. The post NAR teams up with AARP to improve options for senior real estate appeared first on The American Genius Real Estate.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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EPA Rep Warns About Constructing Affordable Housing at Gowanus Green Without Toxic Cleanup

Brownstoner

Developers of a massive affordable housing complex along the Gowanus Canal will have to deal with a century’s worth of harmful pollution before they can safely house people, a federal environmental guru warned. The project near Smith and 5th streets, known as Gowanus Green, will house nearly 1,000 below-market-rate apartments… Read More > The post EPA Rep Warns About Constructing Affordable Housing at Gowanus Green Without Toxic Cleanup appeared first on Brownstoner.

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10 Things You Must Do Before Listing Your Home

Point2Homes

Image: Motortion Films / Shutterstock.com. When it comes to selling your home , there are several things you must do before you even think about listing it. Forgetting one of the following 10 points could result in a sale falling through at the last minute, costing you time and money. Here’s a breakdown of what you need to prepare yourself for. Prospect the Market.

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Why Technology, Culture, and Training Go Hand in Hand

App Folio

Technology has automated many of the tedious, manual tasks for property management businesses, and helped them to significantly improve a range of processes from onboarding and training to leasing and maintenance. It has also boosted overall efficiency, enhanced communication, and streamlined day-to-day operations, enabling businesses to grow faster and to better meet the needs of both their customers and employees. .

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How to roll closing costs into your mortgage

The Mortgage Report

Closing costs can often be included in your loan when you refinance. Learn how to roll closing costs into your loan and other strategies to avoid them.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Oak Terrace, the Childhood Summer Home of Eleanor Roosevelt, Can Be Yours for $5.25 Million

Brownstoner

When she arrived for a picnic on the grounds of her childhood home in 1949, Eleanor Roosevelt found the Second Empire manse "practically falling down." While some restoration efforts have stabilized Oak Terrace, it's back on the market and in need of a buyer to finish the effort. Located on Woods… Read More > The post Oak Terrace, the Childhood Summer Home of Eleanor Roosevelt, Can Be Yours for $5.25 Million appeared first on Brownstoner.

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Mortgage and refinance rates today, December 4, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday, likely bringing yet another all-time low. And conventional loans started out this morning at 3.063% (3.063% APR) for a […].

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Mistletoe Madness: Home Overflowing With Christmas Decor Is the Week’s Most Popular Property

Realtor.com

realtor.com In 2020, many of us are going all-in on holiday decorations as a way to keep spirits bright at the tail end of a dark and dreary year. And we remain firmly on the side of anyone who wants to make their living space a unique reflection of who they are. And this week’s most popular home on realtor.com® ticks both of those boxes in a big way.

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Residential Construction Is Recovering Faster Than Non-Residential Construction

Eye on Housing

Job gains slowed sharply in November as the COVID-19 surge continued. Nonfarm payrolls increased by 245,000 in November, and the unemployment rate fell to 6.7%. Total construction industry (both residential and non-residential) employment totaled 7.4 million in November. Residential construction employment rose by 15,400 in November to 2.9 million. In the past seven months, job gains in residential construction offset.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Daily Links: Mayor Wants National Grid to Shut Down Its North Brooklyn Pipeline Project

Brownstoner

In the News Ridership Has Returned to About 40 Percent of Normal in Brooklyn [NYT] The Boerum Hill Bra-Fitter Who Wants You to Dance in Her Shop [NYT] NYC on Cusp of COVID-19 Second Wave, de Blasio Warns [NYP] Holiday Displays Light Up Southern Brooklyn Despite Fiscal Shortfalls [BP] Developers Hire Influencers to Sell Homes… Read More > The post Daily Links: Mayor Wants National Grid to Shut Down Its North Brooklyn Pipeline Project appeared first on Brownstoner.

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Creating a Culture of Contribution

RIS Media

Denver Brokers Named 2020 National Homeownership Award Winners. Born into an entrepreneurial family, Scott Nordby learned early on the importance of honesty, integrity, dedication and loyalty, both in his role as a successful REALTOR® and in life overall. These are also the principles around which Nordby and his wife, Lora, operate their firm, Berkshire Hathaway HomeServices Innovative Real Estate, which is why the pair is being named the recipients of RISMedia’s 2020 National Homeownershi

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Luxury Real Estate Headlines: First Week in December 2020

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Morris, Illinois | Cheena Chandra & Carmen Allen , Jameson Sotheby’s International Realty . The owners of this 30-acre property in Morris, Ill., built a private contemporary home surrounded by nature. It is listed for $4.5 million. A Contemporary Home Designed for the Illinois Countryside – Wall Street Journal.

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Overcoming Barriers in the Home Search Process

American Lifestyle

The post Overcoming Barriers in the Home Search Process appeared first on American Lifestyle Magazine.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Move.org Report: U.S. Cities With the Lowest Cost of Living

RISMedia

When will we finally find relief? As COVID rages across the country and with no new stimulus checks coming in the immediate future, Americans living in metropolitan areas are seeing their problems compounded by a rise in the cost of living. A recent report released by Move.org found that a $1,200 stimulus check, similar to […]. The post Move.org Report: U.S.

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Priscilla Presley’s Beverly Hills Villa Sells for $13M

Realtor.com

Dave J Hogan/Getty Images Priscilla Presley has just sold her longtime Beverly Hills home. The property closed for $13 million on Dec. 2. Peter Zimble and Dan Beder of Sotheby’s International Realty represented the buyer. Jonah Wilson at Hilton & Hyland had the listing. The actress and entrepreneur, who was married to Elvis Presley from 1967 until they divorced in 1973, placed the European-style mansion on the market in August for just under $16 million.

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5 Best Cities to Celebrate the Winter Holidays

Homes.com

While 2020 may have put a dent in some our travel plans, that doesn't mean we can't start preparing for next winter – or a safe, socially-distanced getaway this season. Here's five winter cities you need to visit! The post 5 Best Cities to Celebrate the Winter Holidays appeared first on Homes.com.

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The 10 Strangest Christmas Ornaments We Hope You Never See on a Tree

Realtor.com

yanishka / Getty Images Christmas trees are like snowflakes: Seems like no two are ever the same. An all-red design with scarlet lights and ruffled bows may be your jam, while other households pile on homemade popcorn-and-cranberry garlands, plus the macaroni wreaths the kids made in school. Frankly, there aren’t a lot of rules for the Christmas ornaments to put on your boughs, but let’s just say that some are so far out there, they could cause your tree to teeter.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Using Facebook Groups To Find House Sellers

Agent Drive

Facebook Groups To Find House Sellers Have you spent a ton of money on direct mail just to see the response rate from house sellers continue to fall? PPC costs continuing to climb? Sending SMS messages that are being filtered by carriers before even reaching the homeowners? Try finding house sellers and buyers for free […]. The post Using Facebook Groups To Find House Sellers appeared first on AgentDrive.

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A Bed Stuy Brownstone With Working Fireplaces and Three More to See, Starting at $1.5 Million

Brownstoner

Our selections for open houses to see on this first weekend in December include a trio of row houses in estate condition and another with the restoration work complete. Found in Bed Stuy, Fort Greene and Crown Heights, they range in price from $1.5 million to $2.62 million First up, on… Read More > The post A Bed Stuy Brownstone With Working Fireplaces and Three More to See, Starting at $1.5 Million appeared first on Brownstoner.

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10th Annual West Palm Beach Art Festival This Weekend

Waterfront Properties

The city of West Palm Beach is hosting their 10th Annual Downtown Art Festival this Saturday and Sunday. The Art Festival will be a socially distanced outdoor art show. Rows of tents arranged gallery style will line the streets and be filled with life size sculptures, paintings, one of a kind jewelry, photography, ceramics, and much more. The art festival will feature works of art and paintings from local and national artists who will be onsite to discuss their inspirations and process for each

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Inexpensive Holiday Decor Ideas to Make Your Home Look Fabulous

Point2Homes

Image: images72 / Shutterstock.com. Are you dreaming of dazzling holiday decor but also looking for ways to cut costs this season? Now that you’re probably staying home for the holidays, it’s your opportunity to go all out when you deck the halls. However, decorations can get costly. Whether you’re decorating for the first time or adding to your current collection, you don’t have to spend a lot.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.