Housing Wire
JULY 7, 2021
Sellers, rejoice. Roughly 77% of respondents to Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, said now is a good time to sell. That’s up from 67% the prior month. To boot, a reported 64% of survey respondents said it’s a bad time to buy a home, up from 56% last month.
Keeping Current Matters
JULY 7, 2021
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more”. “1 in 4 underestimated the increase in value by $100k or more”. “47% don’t know what a good interest rate is”.
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Housing Wire
JULY 7, 2021
Mortgage applications decreased again , this time falling 1.8% in the week ending July 2, 2021, according to the latest report from the Mortgage Bankers Association. This marks the third straight week of application declines, and represents the lowest level since the January 2020. “Treasury yields have been volatile despite mostly positive economic news, including last week’s June jobs report, which showed ongoing improvements in the labor market,” said Joel Kan, MBA associate vice preside
Realtor.com
JULY 7, 2021
Getty Images Blame it on the COVID-19 pandemic. Just as victory gardens and sourdough boules have proliferated in the past year, homes painted inky black have also sprouted up across the landscape. And while black houses have been a hot trend in edgy urban areas for years, it’s now also happening in the hinterlands as these city slickers flee to the suburbs. “Black exteriors feel edgy or like Brooklyn— and they’re the homeowner’s imprimatur on their newfound suburban dwel
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Housing Wire
JULY 7, 2021
Mortgage servicing, origination and transaction-based services company Mr. Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM). Terms of the deal were not disclosed, but statements from Mr. Cooper company leadership detailed that the transaction will not have a significant impact on its second quarter 2021 results.
Realtor.com
JULY 7, 2021
Getty Images We all have junk drawers. And we all have various junk floating around closets and garages we know we need to get rid of. And on top of those piles of junk, many of us also have certain items we straight up keep—and add to—without even thinking about it. But sometimes this habit can ultimately lead to an unfortunate (mild to moderate) case of hoarding.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
JULY 7, 2021
This is one of the hottest real estate markets in recent history, and there are few signs of it slowing down. If you’ve been considering selling your house, now could be the time. But, often sellers do not have the option of moving out before their home is sold. While staging a house for sale while living in it is tricky, it can go more smoothly with some of the tips below: 1.
Housing Wire
JULY 7, 2021
Adwerx. Adwerx is the only digital advertising service designed specifically for leading mortgage lenders to automate compliant, individualized ads for loan officers and branches, and deploy digital marketing at scale to reach prospects directly, build brand awareness, and increase the productivity, recruiting, and retention of loan officers. #1. All ads are brand compliant by design.
Better Dwelling
JULY 7, 2021
Canadian real estate prices just printed record growth across the country. Apparently it wasn’t enough, as households have increased their expectations for future growth. Bank of Canada (BoC) surveyed consumers on where they see home prices over the next 12 months. Conducted in Q2 2021, the survey found the highest forecast rate of growth in […].
Sotheby's International Real Estate
JULY 7, 2021
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??. Washington, DC | Mattia D’Affuso, TTR Sotheby’s International Realty. On a quiet, cobblestone block in historic Georgetown, stands a refined residence, fully renovated over several years by Smith Architectural Group.
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.
Realty Biz
JULY 7, 2021
New landlords can often become overwhelmed with the list of tasks they need to complete and laws they must research before preparing their property for tenancy. One of the often-overlooked renting essentials is the contract or rental lease. While landlords will have a document that a tenant must sign before moving in, some terms are often missed. Make it Easy by Using a Template Residential Lease Agreement.
RIS Media
JULY 7, 2021
It’s difficult to get a read on a market that fluctuates so much—especially in an environment that’s anything but normal. The new Home Purchase Sentiment Index® (HPSI) from Fannie Mae, however, provides a glimpse into what today’s consumers are feeling and whether or not it’s a bad time to buy. Overall, the index remained relatively flat in June, decreasing only by 0.3 points to 79.7.
Realty Biz
JULY 7, 2021
If you have spent more than a day or two looking to buy a home, it’s no surprise that your bargaining power has probably never been lower than it is now. The number one tip that you should be following is to be patient. Don’t expect to have an offer accepted on the first house you fall in love with and don’t get discouraged even if your fourth or fifth offer falls through.
Better Dwelling
JULY 7, 2021
Canadian real estate always marches to the beat of its own drum, which may not be a good thing soon. BMO senior economist Robert Kavcic shared his take on last month’s home sale numbers. He observed a strong market, but said it continues to show we’re past peak momentum. He warns of a potential “bizzaro” […]. The post Canadian Real Estate In A “Bizarro” Scenario, Where Reopening Might Be Worse: BMO appeared first on Better Dwelling.
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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.
Realty Biz
JULY 7, 2021
Every real estate professional is sure to be well-served by maintaining a strong online presence. Now that search engines have effectively taken the place of the Yellow Pages, new clients are far more likely to find you via Google than through traditional forms of advertising. That being the case, if you’ve yet to establish a solid online presence, there’s no time like the present to get the ball rolling.
RIS Media
JULY 7, 2021
Your attic can serve many different roles in your home. Families often place boxes of old clothing, books and holiday decorations in the attic and rarely go up there. But, in some cases, an attic can be so much more than just storage space. If you need additional living space, converting the attic might be the solution, but there are potential problems to consider.
The Mortgage Report
JULY 7, 2021
Buying a house with parents or an adult child can be more affordable and more convenient. But the process is a little more complicated. Here's what to know.
BubbleInfo
JULY 7, 2021
Hat tip to CM for sending in this blog post on the difficulty of getting ADU permits in San Diego! [link] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.
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.
McKissock
JULY 7, 2021
So the moment has finally come. After meeting your client, hunting for their perfect home, and finding it, now it’s time for them to move. Everyone knows moving can be stressful and full of hiccups. While helping clients to move isn’t technically part of your job description, providing outstanding service is. By sharing moving tips, you can ensure a positive end to the purchase experience.
RIS Media
JULY 7, 2021
Highlands Sotheby’s International Realty Maximizes the New Migration . Soaring real estate sales in 2020 will be viewed for generations as one of the most unexpected outcomes of the pandemic that swept the nation. The widespread mandate to “stay home” forever redefined the meaning of home and created new opportunities for real estate success.
Waterfront Properties
JULY 7, 2021
Jupiter’s red iconic lighthouse is open to the public for tours and special events. Head to the Jupiter Inlet Lighthouse and Museum this month and climb the 105 steps to the top to see the incredible views of Jupiter or visit the Lighthouse grounds or Museum to learn about Jupiter’s history. Lighthouse Events Happening This July Lighthouse Sunset Tours: Wednesday, July 7th, 14th , 21st, and 28th On Wednesday nights, climb to the top of the lighthouse and witness the incredible sunset views over
RIS Media
JULY 7, 2021
For decades, the kitchen has been looked at as one of the most desirable features for homebuyers. Some have even walked away from a home because this particular space did not fit their needs. Though having updated appliances and a modern feel inside are still important, outdoor living spaces have become a piece of the home that today’s buyers are putting more of a focus on. .
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.
Notorious ROB
JULY 7, 2021
Early yesterday, a friend sent me an article from The Atlantic, the left-leaning magazine for urban intellectuals, and it’s stayed on my mind. While I kind of agreed with the author’s main point, there was something that just stuck in my mental craw. I fear I won’t be able to sleep unless I get to. Read more. The post Okay Atlantic, Let’s Talk About the Real Culprits appeared first on NotoriousROB.
Brownstoner
JULY 7, 2021
Popular in nineteenth century homes, plaster ceiling medallions offer a visual transition and seat for a light fixture in important rooms. Their elaborate bas-relief designs also helped hide soot from oil and gas lamps. They were de rigueur in the main entrance hall, parlors, dining room, and large bedrooms. In… Read More > The post Medallion Matters: The History and Care of Plaster Ceiling Medallions appeared first on Brownstoner.
Point2Homes
JULY 7, 2021
Image: thodonal88 / Shutterstock.com. Becoming a landlord for the first time can be an exciting experience. However, several misconceptions may become apparent at the worst time. It’s best to go into this with eyes wide open, so in this guide, we’ll bust eight common rental myths that all new landlords should know. 1. The Rental Property Will Generate Passive Income.
Brownstoner
JULY 7, 2021
Designed as a two-family, this early 20th century row house in Crown Heights still has many of the original features, both aesthetic and practical, included by the builder to lure buyers. Fretwork, mantels, a pier mirror, plasterwork and stained glass are all here, along with the original dumbwaiter. The house,… Read More > The post Estate Condition Crown Heights Townhouse With Mantels, Fretwork, Dumbwaiter Asks $1.499 Million appeared first on Brownstoner.
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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.
The Mortgage Report
JULY 7, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was nothing dramatic. But it was welcome nonetheless. Things were looking good for those rates first thing. However, […].
Brownstoner
JULY 7, 2021
As crime ticks up in Brooklyn, Eric Adams appears to have won the mayoral primary by one percentage point over Kathryn Garcia, including absentee ballots. Election results will be certified July 12. Adams' background "helped him emerge as a candidate with perceived credibility on issues of both combating crime and… Read More > The post Election Results Show Brooklynites Voted in Eric Adams, Brad Lander, Antonio Reynoso appeared first on Brownstoner.
RIS Media
JULY 7, 2021
Flipping houses has become popular in recent years, thanks to TV shows highlighting dramatic transformations and large profits. Whether it is a handyman’s hobby or a contractor’s livelihood, there are many opportunities to make money through this process. However, while it’s definitely possible to earn some extra cash by buying a house, renovating it and selling it, it’s also possible to lose a bundle.
REM Online
JULY 7, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Dan St. Yves: Farewell, family home! Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. For what feels like eons now, my family members and I have been working to clear out the various belongings my mother had to leave behind when she moved into an assisted living facility.
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.
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