Keeping Current Matters

JULY 31, 2020

Some Highlights: The housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. If you’re thinking of buying or selling a home this year, reach out to a local real estate professional to maximize your opportunity today. The post Where Is the Housing Market Headed for the Rest of 2020?

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Eye on Housing

JULY 31, 2020

An earlier post revealed that 59% of buyers who were actively engaged in the process of finding a home in the second quarter of 2020 have spent upwards of 3 months searching for a home without success. Although the top reason long-time searchers haven’t pulled the trigger continues to be the inability to find an affordable home (39%), that share.

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Marketing 136

Realtor.com

JULY 31, 2020

KatarzynaBialasiewicz/Getty Images. It hasn’t been the best year for most of us, so perhaps big remodel projects probably aren’t at the top of anyone’s to-do list. Not only are these projects incredibly expensive, but they also just take a lot of energy—I mean, wouldn’t we all rather be chilling in the backyard? But just because you don’t want to redo the entire living room doesn’t mean you can’t give it a little something shiny and new—without having to visit a store.

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The American Genius for Real Estate

JULY 31, 2020

(REAL ESTATE BIG DATA) Real estate is a finicky field, but the most popular myths surrounding the effects of COVID-19 on the market are purely unfounded. The post Real estate myths created during the pandemic appeared first on The American Genius Real Estate.

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Marketing 128

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Agents

BubbleInfo

JULY 31, 2020

Our new listing of a 2005-built home on a culdesac for only $739,000! The Zillow history shows that the house was rented the first of April, and as soon as the new tenant moved in, she told the landlord that she was not going to pay rent because of the eviction moratorium. The owner decides […]. The post Value Buy! appeared first on bubbleinfo.com.

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Marketing 119

HomeLight

JULY 31, 2020

Closing on a house seems pretty straightforward. There’s a house for sale that you want to buy. You send your offer to the seller. You both agree to the terms in a contract and sign it. Easy, right? Yeah, not so much. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. It almost certainly will not move as quickly as anticipated.

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HomeLight

JULY 31, 2020

Did you know that the median price to buy a house in the United States in the first quarter of 2020 is more than $327,100 ? That’s a 50% increase since 2000 when buying a house would cost around $165,000 ! It’s no wonder that 49% of renters are under 30 years old — they can’t afford to buy even a simple starter home. The truth is, there is a shortage of affordable housing in the United States.

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Realtor.com

JULY 31, 2020

BakiBG/Getty Images. If contending with a global pandemic, murder hornets, and a slew of other disasters that 2020 decided to throw at us wasn’t enough, hurricane season is now in full swing. The Atlantic hurricane season typically lasts from June to November, and peaks from late August through September. This year, the National Oceanic and Atmospheric Administration is anticipating above-normal activity.

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Better Dwelling

JULY 31, 2020

Canadian real estate buyers pay steep premiums to own, compared to their global peers. IMF research shows Canada’s house price-to-rent ratio, the difference between renting and buying, is one of the highest in the world. Owning a home in Canada more closely resembles ratios in countries like Latvia and Slovak Republic, than countries like the […].

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Closing 104

HomeLight

JULY 31, 2020

Having the right home insurance is important for all homeowners. Whether you’re a relatively new homebuyer or have lived in your home for decades, it’s a good idea to review your homeowners insurance regularly and make changes when necessary. But changing a homeowners insurance policy isn’t always as easy as making a quick phone call. In fact, the process of making a change to your home insurance coverage or carrier is one that needs careful consideration.

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Loans Agents Mortgages Inspection 101

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

Realtor.com

JULY 31, 2020

realtor.com, Rich Fury/Getty Images. Now that the actor Shia LaBeouf has picked up a posh new pad in Pasadena, CA , he’s ready to shed his longtime Sherman Oaks residence. The “Transformers” star has listed his midcentury modern retreat for $2.25 million, Variety reports. LaBeouf, 34, purchased the three-bedroom home in 2009 for $1,825,000. Built in 1958, the home has a 2,463-square-foot layout that features walls of glass, an open floor plan, and exposed beams.

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HomeLight

JULY 31, 2020

Real estate purchases made entirely with cash are rumored to create big benefits for homebuyers. But making an all-cash offer on a house isn’t always a no-brainer. There are actually some pretty compelling reasons why you might not want to offer all cash on a house. With the help of Brad Graves , a top real estate agent in San Antonio, Texas , and some recent national home purchase data, we’ll examine the pros and cons of all-cash offers.

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Afford Anything

JULY 31, 2020

Welcome back to PSA Thursday, a mostly-weekly, sometimes-on-Friday segment in which we talk about how to handle money, work, and life in the middle of a pandemic. This week, we continue the conversation on evictions. No landlord wants to have to evict their tenant. No tenant wants to get evicted. What can we do, upfront, to prevent such issues from happening?

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HomeLight

JULY 31, 2020

You don’t see as many short sales in 2020 as in 2010; despite their name, they’re neither short nor simple endeavors. If a homeowner is behind on their mortgage payments, owes more money than the property’s current value, and is in danger of foreclosure, a lender may agree to terms of a short sale. Because multiple parties are involved, most buyers prefer to steer clear of short sale properties, but if you have the time to wait, you might be able to snag your dream home for a much better price.

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Sales

The Mortgage Report

JULY 31, 2020

A seller concession is an agreement where the home seller pays the buyer's closing costs. Learn how seller concessions work here.

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Seller concession Closing costs Closing Mortgages 115

Realtor.com

JULY 31, 2020

realtor.com. In addition to playing hunks on TV shows like “Desperate Housewives,” “Dallas,” and “Passions,” the actor Jesse Metcalfe renovates and flips homes in his spare time. In 2017, Metcalfe paid $1,158,500 for a West Hollywood home built in the 1920s, and immediately got busy on a renovation. He updated the charming house with modern fixtures and hardware, updated and lightened up the color scheme, and refinished the original hardwood floors.

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The Close

JULY 31, 2020

Name: Jaréd Goodloe. Role: Real estate agent. Brokerage: Compass. Location: Brooklyn, New York. What do you get when you combine killer sales instincts, customer service expertise, and a professional background that includes everything from brand management at Saks Fifth Avenue to New York City fitness trainer? You get Compass Real Estate top-producer real estate agent Jaréd Goodloe.

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Waterfront Properties

JULY 31, 2020

This summer, South Floridians are deciding to spend their summer vacations in their own county. With more attractions and things to do opening daily in South Florida, what better way to spend your summer vacation in Palm Beach County. The county is home to many top attractions and luxurious beachfront resorts with award-winning spas, great amenities, world class dining and giant pools to name a few.

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Closing 84

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

JULY 31, 2020

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

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Mortgages Marketing 84

Sotheby's International Real Estate

JULY 31, 2020

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Philadelphia, Pennsylvania | Kim Whetzel & James McFadden , Kurfiss Sotheby’s International Realty . Located just 15 minutes from downtown Philadelphia, this 90-year-old home ‘feels like a country house’ thanks to lush grounds and manicured gardens.

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Sales Agents Marketing 80

Lab Coat Agents

JULY 31, 2020

New lead duplication rules. Most Follow Up Boss users want to avoid duplicate leads in their database, for obvious reasons. We’ve long designed the system to honor that preference and prevent duplicate leads from existing whenever possible. In conversation with our customer community, however, we kept hearing about a couple of specific times where duplicate leads are actually a good thing.

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Realtor.com

JULY 31, 2020

Kristen Grind / The Wall Street Journal. In the olden days, one-room schoolhouses were common across the country, many of them simple wood-frame buildings painted white. Katy Young’s one-room school is going be a dome. Ms. Young, who lives in the suburbs outside Berkeley, Calif., recently set up a 24-foot-round geodesic polyhedron in her backyard to host a small group of kindergarteners.

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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

Zolo

JULY 31, 2020

A large part of homeownership is learning how to upkeep and maintain the property. It can be hard for first-time homeowners to find the confidence to jump in with two feet to manage these home maintenance tasks that can sometimes seem overwhelming. . Moving into my home one year ago, I could never have predicted the amount of time I would spend researching small home improvements and maintenance that I should be doing if I want my asset to stay healthy.

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HomeLight

JULY 31, 2020

Buying a home is one of the biggest investments a person can make in their lifetime. In addition to making sure you meet all the lending requirements, getting your credit in order, and figuring out how much house you can afford , you’ll also need to save money for your down payment. While a 20% down payment is often seen as the standard for home purchases, it can be a hefty chunk of change, especially for a first-time homebuyer.

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Debt-to-income ratio Loans Equity VA loan 74

Lab Coat Agents

JULY 31, 2020

A good real estate agent always has their finger on the pulse of what’s going on, whether that’s in your own market, network, or community, or on a broader scale. But, it’s not always easy to keep tabs on things without finding out information directly from the source. . If you are a buyer’s agent, and you notice that a home has gone from pending to active again — a home that you may have several clients interested in looking at — your first thought might be, “Well, that’s interesting…” .

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Eye on Housing

JULY 31, 2020

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income decreased in June to a seasonally adjusted annual rate (SAAR) of $19,880 billion. It dropped 1.1% in June, after a 4.4% decline in May. This decrease in personal income largely came from the decline in government social benefits, because the majority of one-time stimulus.

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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

Realtor.com

JULY 31, 2020

Sotheby’s International Realty, Cindy Ord/Getty Images. After three years on the market and multiple price cuts, the Southampton, NY, home of celebrity chef Rachael Ray is now off the menu. Ray sold the sumptuous property for $3.25 million. The Food Network star’s good taste also extends to real estate. The mouth-watering spread in one the nations’s most coveted regions features lush lawns and specimen gardens on 6 parklike acres.

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Design As-is Agents Marketing 68

The American Genius for Real Estate

JULY 31, 2020

(REAL ESTATE TECHNOLOGY) Zillow was granted yet ANOTHER pretty vague new utility patent last month, which leaves us wondering: what are they planning? The post Zillow may be on its way to becoming a patent troll appeared first on The American Genius Real Estate.

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Technology 60

CRE Online

JULY 31, 2020

John Jacob Astor was America’s first real estate millionaire – and that was back in 1800. But much of what fueled Astor’s success still holds true today, and that’s the powerful combination of factors that makes real estate capable of creating huge returns. From leverage to security to the simplicity of the business model, real estate has been one of the main ways to create wealth in the U.S. for over two centuries.

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Rent, Buy & Sell

JULY 31, 2020

The traditional British style, is a style that has been become very fashionable overseas. This is because there are many popular British TV shows which highlight the beauty of the traditional British interiors and this style has become desirable to many. This article will help to show you how you can incorporate traditional looking British items into your home, to help give your home a lust-worthy look.

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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