Housing Wire
MAY 20, 2021
April’s 7.08% decline in mortgage delinquencies wasn’t even half of the drop March posted, but it did manage to push the national delinquency rate to below 5% for the first time since the beginning of the pandemic, Black Knight revealed in a new report. Overall, the number of past-due mortgages fell to 4.66% in April while an additional 400,000 homeowners managed to become current on their payments.
Better Dwelling
MAY 20, 2021
Canadian real estate prices have been on a tear, with a typical home now making more than the people inside of it. Still, a new model from the Bank of Canada (BoC) thinks that’s not bubbly, and is within their policy. The central bank’s Q1 2021 numbers show only three real estate markets are exuberant. […]. The post Bank of Canada Indicators Now Show Some Real Estate Markets Are A Bubble appeared first on Better Dwelling.
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Housing Wire
MAY 20, 2021
Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their market. Bethesda, Maryland. Mynor Herrera is personally acquainted with escalating housing demand in the DMV (District of Columbia/Maryland/Virginia) area.
Better Dwelling
MAY 20, 2021
Phew! Canadian real estate prices are soaring, so it’s a good thing you bought years ago, and are just waiting for it to be built. About that… The cost of building a new home has increased so fast, many developers are struggling with costs. Buyers who thought they secured a home at prices years ago, […]. The post Canadian Home Builders Are Asking Buyers For More Money To Finish Building appeared first on Better Dwelling.
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Housing Wire
MAY 20, 2021
After hovering below 3% for a month , the average 30-year fixed mortgage rate popped back up six basis points to exactly 3% last week, according to Freddie Mac ‘s PMMS. Mortgage rates climbed north of 3% over the first few months of 2021, but crested at 3.2% in March before descending again. Despite such a favorable rate climate, there remains a shortage of homes for sale, pointed out Sam Khater, Freddie Mac’s chief economist. “The lack of housing supply has been compounded by labor
Eye on Housing
MAY 20, 2021
Confidence in the market for new multifamily housing increased in the first quarter of 2021, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two major indices: the Multifamily Production Index (MPI) and the Multifamily Occupancy Index (MOI). The MPI increased eight points to 51 in the.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Homes.com
MAY 20, 2021
A Homes.com survey of over 1,500 homebuyers found that 42% are willing to buy sight unseen, or at least consider it. But, can it be done safely? The post How to Avoid a Disaster When Buying Sight Unseen appeared first on Homes.com.
Housing Wire
MAY 20, 2021
The founder of Oklahoma City-based lender and servicer First Mortgage Company , who was also the president of the Mortgage Bankers Association in the late 1990s, pleaded guilty to five counts of bank fraud, money laundering and false statements to a financial institution. In Oklahoma’s Western District, a federal grand jury accused Ronald McCord of defrauding mortgage lenders Spirit Bank and Citizens State Bank , Fannie Mae and others over the course of three years.
Realty Biz
MAY 20, 2021
Home sellers are expecting multiple offers on their homes and bidding wars that will enable them to fetch a much higher price than its current value, due to current housing market conditions. It’s well known that the U.S. residential real estate industry is a seller’s market, and most homeowners who’re planning to sell believe they can take advantage of the situation.
Housing Wire
MAY 20, 2021
Dallas-based Shaddock National Holdings announced its majority equity acquisition of Continental Title Company , which has more than 20 locations in Kansas and Missouri. All Continental employees will remain with the company — as will President Matt McBride, who will continue to lead the company after the acquisition, Shaddock National said in a press release. “The acquisition of Continental Title Company represents Shaddock National Holding’s first retail presence in the states of K
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.
Lighter Side of Real Estate
MAY 20, 2021
Between record low inventory and high buyer demand, today’s real estate market is one of the most seller-friendly in recent history. And that seller-friendly market is driving some serious expectations among homeowners. A recent survey from realtor.com , which surveyed homeowners planning on selling their home in the next 12 months, found that: Sellers expect to get more for their home than they paid for it… With home prices rising at such a dramatic rate, just about every home seller in t
BubbleInfo
MAY 20, 2021
Here’s a great snapshot of how the vast majority of listing agents handle multiple offers. They just grab one, and kiss off the rest – which isn’t good for the sellers, it’s not good for the losing buyers who might have made a better offer if there was a highest-and-best round, and it’s not good […].
The Mortgage Report
MAY 20, 2021
Today’s mortgage and refinance rates Average mortgage rates nudged higher yesterday. That was only a bit of a surprise. Because I warned that morning that an afternoon Federal Reserve event […].
Realtor.com
MAY 20, 2021
Getty Images Last year, when stay-at-home orders went into effect across much of the country, many people discovered crafting for the first time, to keep themselves occupied and to manage stress. Meanwhile, seasoned DIYers dug even deeper into their passion. Now, it’s become a way of life for both—and one that needs a dedicated space. “Just as people are working more from home, people are crafting more, too,” says California Closets ’ national manager of design, Erin Hardy.
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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.
RISMedia
MAY 20, 2021
By Anica Oaks When you want a new home, the last thing you want is for the process to drag on for months. While you could spend hours online, you will get much better results by working with a REALTOR® who knows the local area, what type of home you are looking for and how […]. The post How Working With a REALTOR® Helps You Find a New Home Faster appeared first on RISMedia's Housecall.
First Team Real Estate
MAY 20, 2021
When: Wednesday, June 9th, 10 AM – 4 PM. Where: FirstTeam Anaheim Hills Office – 8028 E Santa Ana Canyon Rd, Anaheim, CA 92808. Click HERE to Register! . Our FirstTeam Anaheim Hills Office is teaming up with the Red Cross to give back to the local community with a Blood Drive. Right now there’s been a decrease in donors so it’s more important than ever to show up and donate!
Fancy Pants Homes
MAY 20, 2021
Prolific music producer Kevin Shirley, also known as The Caveman, is looking for a buyer for his Mediterranean-style home in Malibu. The legendary rock-and-roll music producer and mixer, who worked with some of the biggest names in the industry throughout his long-standing career (including Journey, Iron Maiden, Led Zeppelin, Aerosmith, and Dream Theater, to name just a few), has been calling the Point Dume property home since 2013, according to Mansion Global.
RIS Media
MAY 20, 2021
As the world adapts to a new way of transacting real estate, it’s time to revisit the long-standing belief that agents should try to hold onto a listing for as long as possible. Even though that seems like a good way to do business, it far too often drags down an agent’s energy and time. It can reach the point of diminishing returns since it takes away from other potential listings the agent could be going after.
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.
Brownstoner
MAY 20, 2021
To make room for a new, 17-story building on the site of the landmarked St. Mary’s Episcopal Church in Clinton Hill, a three-story parish house has been demolished, joining a smaller three-story rectory with a mansard roof that was torn down earlier this year. Both were not landmarked. While the… Read More > The post Clinton Hill Parish House Demolished, 17-Story Tower to Rise Above Landmarked Church appeared first on Brownstoner.
RIS Media
MAY 20, 2021
A senior economist and director of housing and commercial research at the National Association of REALTORS® (NAR) was recently recognized as a “Woman of Influence” by the national commercial real estate outlet GlobeSt.com. Gay (Scholastica) Cororaton was commended for her expertise in and significant contributions to America’s commercial real estate sector in the publication’s 2021 rankings. “In one of the most difficult years America’s commercial real estate
The Mortgage Report
MAY 20, 2021
Closing a mortgage often takes 45-60 days, depending on your loan type, application, and whether you're buying a home or refinancing.
Realtor.com
MAY 20, 2021
HGTV Christina Haack has been through a lot of changes in her near decade in the spotlight. The designer first made a name for herself with her first husband, Tarek El Moussa , on “Flip or Flop.” Then her solo show, “Christina on the Coast,” featured her life with her second husband, Ant Anstead (who later became her second ex).
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.
Brownstoner
MAY 20, 2021
Every renovation is different, because the needs of every homeowner are different. That’s why Bolster offers three project-delivery methods: Build Only, Design-Build and Agile x Bolster. Which one is for you? Build Only: With this option, the most traditional process, the homeowner first engages an architect. When design documents are delivered, the homeowner… Read More > The post Create Your Dream Brownstone With One of These Project-Delivery Methods appeared first on Brownstoner.
RIS Media
MAY 20, 2021
Most agents set goals for themselves. Many who reach their income goals dedicate every fiber of their being to maintaining and growing their business. These agents who devote all of their time to their business earn great money, but don’t take the time to enjoy their success. Larry Kendall teaches agents how to maintain a high level of income while freeing up more time to go out and have a life.
Point2Homes
MAY 20, 2021
Image: Photographee.eu / Shutterstock.com. Meditation offers many benefits, including improved attention span, increased calm and reduced stress. Even though you can meditate almost anywhere, having a dedicated meditation space at home makes it easy to find your Zen. Ideally, you want a quiet and comfortable spot away from other distractions. There are no hard and fast rules about what you should have in your mediation room, but you want to surround yourself with items that bring you a sense of
REM Online
MAY 20, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Sutton Group Quantum Realty launches private-label mortgage. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Sutton Group Quantum Realty, which has offices in Oakville and Mississauga, Ont., recently launched RedQ Mortgages, a private-label mortgage product.
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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.
Sotheby's International Real Estate
MAY 20, 2021
Architects and design enthusiasts alike are continually asking the question: what is the future of home design? What materials will come into vogue, and which layouts will stand the test of time? Will there be a focus on efficient, environmentally friendly technology? Domestic spaces set the stage for our lives, and the home needs to be a place where design takes into account both comfort and peace of mind, style and sustainability.
Realty Biz
MAY 20, 2021
The phrase “record breaking” is everywhere at the moment, from major companies reporting record-breaking returns to market experts who predict a record-breaking post-pandemic economic boom. . Although the housing market took a record-breaking nosedive in 2020, there’s light on the horizon as the U.S. inches its way toward recovery. . What does that mean for the housing market in 2021?
Realtor.com
MAY 20, 2021
Getty “Look no more, because this home is sure to be a home run.” So says the listing of the Brooklyn Park, MN, residence built by the Hall of Famer Kirby Puckett. The former Minnesota Twins great, who died in 2006, left a baseball legacy. And he left his mark on this custom home, which is headed onto the market for $485,000 with the listing agent, Brandon Johnson.
REM Online
MAY 20, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Right at Home Realty secures growth equity investment. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Right at Home Realty in Toronto has secured a growth equity investment from Round13 Capital and Torinit Technologies.
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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