Thu.Nov 11, 2021

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Single-family rents soar in tight housing market

Housing Wire

You could buy a top-of-the-line laptop and a new cell phone to match, or you could pay one month’s rent for a single-family home in Los Angeles. It’s not much better for prospective single-family renters across California, a study by HouseCanary found. In Ventura or Carlsbad, median single-family rents are $4,250, and in Santa Clara and Berkeley, median single-family rents reached $4,225 and $4,200, respectively.

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VA Loans: Helping Veterans Achieve Their Homeownership Dreams

Keeping Current Matters

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service.”.

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FHA’s manufactured housing loan program gets a facelift

Housing Wire

Manufactured housing is a topic that has gained some steam on Capital Hill as of late, with the White House announcing earlier in the year that it intends to address the lack of affordable housing in the nation by upping the available supply of MH. In September, Biden’s administration also called on state and local governments to “reduce zoning and financing barriers to these kinds of housing – housing that allows families to achieve homeownership and build wealth.”.

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Tips to Help You Be a Better (More Successful) First-Time Buyer in This Market

Lighter Side of Real Estate

If you’ve never purchased a home before, it can be hard to know what the process will be like. But chances are, you have some ideas about what to expect—but in this real estate market, you may need to reevaluate some of those expectations. A recent article from realtor.com outlined common ideas first-time buyers have about the homebuying process that, in this market, are unrealistic at best (and delusional at worst), including: You can find a mortgage after you find your house.

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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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Nicole Beattie will be the next CEO of Amrock

Housing Wire

Amrock , a title insurance, property valuations and settlement services provider that is part of the Rocket Companies family, announced Wednesday that longtime CEO, Brian Hughes will be retiring later this month and Nicole Beattie, the current vice president of mortgage servicing at sister company Rocket Mortgage , will take over. Hughes’ retirement comes after more than 21 years at Amrock, with a total of 30 years devoted to the title, appraisal, and settlement services industry.

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Canadian Home Building Investment Has Officially Gone From A Correction To A Crash

Better Dwelling

Canadian investment in home construction is slipping and due entirely to housing. Statistics Canada (Stat Can) data shows building construction investment fell in September. This data is mostly based on building permits, providing insight into construction sentiment. Home building isn’t doing so hot — falling enough to be considered a technical crash.

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Mutiny At Canada’s Largest Real Estate Board? Brokers Want An Inquiry Into MLS Data

Better Dwelling

A power struggle is quietly building at Canada’s largest real estate board. Brokers at the Toronto Regional Real Estate Board (TRREB) received an anonymous letter calling for an inquiry into its management. The letter claims the non-profit board is creating a for-profit entity without member approval. This lit up broker chats, which are rallying support […].

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Mall Traffic Is Back: 4 Tips For Securing A Space in a Shopping Center

Realty Biz

During the pandemic, buyers tended to stay at home rather than venture outside, putting a strain on indoor retail centers. This unexpected shift in buying preferences came as a shock to the system, and with the rise in popularity of e-commerce and curbside pickups, there were many who believed that the retail industry was on the verge of extinction.

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Refinance your mortgage without “starting over” at 30 years

The Mortgage Report

Want to refinance but don't want to your loan to reset 30 years? Here's how to do it. Full analysis and strategy, plus today's live rate quotes.

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Dream Home Decorating Ideas You’ll Want to Steal

First Team Real Estate

Decorating and furnishing your home is a very exciting project and something only the people who have gone through can truly understand the sense of joy and accomplishment. Still, this process is far from being simple and short – it can actually take months or even years, and a flexible budget. In order to complete your decorating project on time and within budget, you need lots of different ideas, so here are a few of the most helpful ones you’ll want to steal right away.

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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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What to Look Out for When Screening Tenants

Point2Homes

Image: Kinga / Shutterstock.com. Renting out your property is a great way to bring in income. However, finding the right tenant can be a tricky process. Whether you are handling the process on your own or delegating the task to an agent, here are the seven main things to look out for when screening potential tenants. Proof of Income. The first thing you need to check is whether your future tenants will afford to pay rent.

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Fresh Honey - Martin County

Waterfront Properties

Martin County is home to an award-winning apiary. Hani Honey Company, located at 5219 S.E. Ebbtide Avenue, Stuart is a family-owned apiary. An apiary is a location where beehives of honeybees are kept. “tending bees with care and placing the girls in optimal foraging environments to harvest fresh, Florida local, delicious, award-winning Wildflower Honey”.

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Leafy and Regal: The Many Faces of Green

Sotheby's International Real Estate

Paris, France | Paris Ouest Sotheby’s International Realty. Signifying prosperity, growth, and a connection to nature, green is having a design moment—take Behr’s 2022 color of the year, a minty green paint called Breezeway that’s inspired by seaglass, or Benjamin Moore’s sage-adjacent shade for 2022, October Mist. Of course there’s a whole palette of verdant hues to choose from, no matter the type of home or room that’s ready for an elevated refresh.

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Brooklyn Real Estate Six Months Later: Three Sold, One Still Available

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Bay Ridge, Marine Park and Park Slope. How did they fare? In Bay Ridge, this apartment offers up a generously sized layout, some prewar details and a renovated kitchen. It is in… Read More > The post Brooklyn Real Estate Six Months Later: Three Sold, One Still Available appeared first on Brownstoner.

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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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Housing Affordability Holds Steady but Supply-Side Challenges Persist

Eye on Housing

Housing affordability held steady at its lowest level in nearly a decade, as higher home prices offset lower mortgage rates to keep the affordability rate flat in the third quarter of 2021. In the months ahead, however, supply-chain disruptions and the prospect of higher interest rates will continue to threaten housing affordability. According to the National Association of Home Builders.

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The Insider: Prospect Heights Townhouse Goes Light and Bright With Salvaged Marble Mantels

Brownstoner

Three stories high and just shy of 17 feet wide, the circa 1892 Renaissance Revival brownstone and sandstone row house, newly purchased by a couple who had been living in lower Manhattan, was amply supplied with original detail, including stained glass, wainscoting, an intact staircase and carved wood mantels in Queen… Read More > The post The Insider: Prospect Heights Townhouse Goes Light and Bright With Salvaged Marble Mantels appeared first on Brownstoner.

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Don’t fear multiple credit inquiries when mortgage rate shopping

The Mortgage Report

You may not get dinged for multiple credit inquiries when shopping for a mortgage, as long as you follow these guidelines.

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East New York Community Land Trust Pushes for End to Tax Lien Sale at Racial Justice Hearing

Brownstoner

The city’s Racial Justice Commission held its final public input meeting for Brooklynites at the Brooklyn Museum Monday night, but the affair quickly became a lesson in organizing strength as speaker after speaker called on the commission to propose banning the controversial tax lien sale, and to prioritize community land… Read More > The post East New York Community Land Trust Pushes for End to Tax Lien Sale at Racial Justice Hearing appeared first on Brownstoner.

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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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Five Ways to Make Your Move Green

Coldwell Banker

Moving Day is the Biggest Trash Day in our Lives. The post Five Ways to Make Your Move Green appeared first on Coldwell Banker Blue Matter.

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Art Deco Studio Co-op With Original Steel Windows in Fort Greene Wants $2,500 a Month

Brownstoner

With original steel windows and a beamed ceiling, this Jazz Age apartment has style as well as a decent amount of space for a studio. It's located on the eighth floor of 101 Lafayette Avenue, a 17-story apartment house that opened in 1932 on the site of the demolished University… Read More > The post Art Deco Studio Co-op With Original Steel Windows in Fort Greene Wants $2,500 a Month appeared first on Brownstoner.

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Bosley Real Estate ushers in fourth generation

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Bosley Real Estate ushers in fourth generation. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. In 2018, when asked about his retirement plans, Tom Bosley, the third-generation owner and president of Bosley Real Estate in Toronto said, “You don’t really leave a family firm.".

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Daily Links: ‘Cool Roof’ at Brooklyn Navy Yard Combats Climate Change

Brownstoner

In the News How ‘Cool Roofs’ Can Help Fight Climate Change [NYT] Upgrade at Gowanus Houses Designed to Decrease Overflow into Canal [Eagle] Fire Rages at Sunset Park Construction Site, Workers Injured [BP] Box Truck Driver Fatally Runs Over Lime Moped Rider in Greenpoint [amNY] Bushwick’s CB4 Against Permanent Open Restaurants Program [Bushwick Daily] Best Places… Read More > The post Daily Links: ‘Cool Roof’ at Brooklyn Navy Yard Combats Climate Change appeared first on Br

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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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Ivy Zelman, Demographics, and Housing

Notorious ROB

I’m on the road, which means airports and hotel rooms. And I’m on an intellectual road trip as well, trying to puzzle out what the future of the industry looks like with Zillow’s recent withdrawal from Afghanistan shutdown of Zillow Homes. So I thought I’d give myself a break and look at something that caught. Read more. The post Ivy Zelman, Demographics, and Housing appeared first on NotoriousROB.

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This Is What Home Sellers Entering the Market Are Expecting This Winter

Realtor.com

Many future sellers are expecting offers above their asking price, bidding wars, and buyers to waive contingencies like inspections and appraisals, a new Realtor.com survey finds. The post This Is What Home Sellers Entering the Market Are Expecting This Winter appeared first on Real Estate News & Insights | realtor.com®.

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How to Keep Your Septic Tank in Working Order

RISMedia

By Kara Masterson A septic tank is absolutely necessary in a functioning home, designed to collect, treat and dispose of sewage. This is critical when your home would otherwise have poor drainage or have no way of being connected to main sewage networks. It isn't difficult to care for a septic tank, but there are […]. The post How to Keep Your Septic Tank in Working Order appeared first on RISMedia's Housecall.

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‘You’ Star Penn Badgley Picks Up a Pad in Park Slope for $1.83M

Realtor.com

Penn Badgley, star of the Netflix thriller series “You,” has picked up a pretty Park Slope apartment. He and his wife, Domino Kirke, a singer and doula, paid over the asking price. The post ‘You’ Star Penn Badgley Picks Up a Pad in Park Slope for $1.83M appeared first on Real Estate News & Insights | realtor.com®.

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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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Cash for Keys: What It Means for Rental Properties

CT Homes

Cash for Keys: What It Means for Rental Properties. As the owner of a rental property, eviction is never a fun prospect to have to consider. Maybe it’s an issue with a tenant adhering to their lease conditions or has numerous missed rent payments. Regardless, evicting problematic tenants is a natural part of ensuring landlords and rental property owners profit from their real estate investments.

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Big Win for Homeowners: Americans Gained Significant Equity During the Pandemic

Realtor.com

Here’s some great news for homeowners: They're home equity rich. With high home prices, more homeowners owe less than what their homes are worth. The post Big Win for Homeowners: Americans Gained Significant Equity During the Pandemic appeared first on Real Estate News & Insights | realtor.com®.

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Old G

BubbleInfo

For about the same money that bought this 5,000sf oceanfront house in Carlsbad in 1995 (above), you now get this in North Escondido – just closed for $1,050,000:

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What Property Tax Benefits Exist for Veterans of the U.S. Armed Forces?

Realtor.com

Veterans of the U.S. military, particularly disabled veterans, are eligible for property tax relief in most municipalities. The post What Property Tax Benefits Exist for Veterans of the U.S. Armed Forces? appeared first on Real Estate News & Insights | realtor.com®.

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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.