Housing Wire
JULY 26, 2021
In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. According to the recent Census report, the three-month average is now at 5.53 months , which puts inventory right back into the range we had in the previous expansion.
Keeping Current Matters
JULY 26, 2021
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and Innovation.
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Housing Wire
JULY 26, 2021
The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price. And the National Association of Realtors reported that, for the first time in a generation, housing prices rose in each of the 181 metro areas it tracks at the end of last year.
Better Dwelling
JULY 26, 2021
Canada used to be known for its conservative mortgage lending, but that’s no longer the case. The Bank of Canada (BoC) warned mortgage quality has “deteriorated” in 2020. The central bank found highly indebted households, those with a loan-to-income ratio higher than 450%, now represent a record share of new mortgage debt. Highly indebted households […].
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Housing Wire
JULY 26, 2021
Another week, another drop in forbearance volume. Servicers’ forbearance portfolio volume fell two basis points to 3.48% from 3.50% last week, according to a survey from the Mortgage Bankers Association. Approximately 1.74 million homeowners are in forbearance plans, the MBA reported. The share of Fannie Mae and Freddie Mac loans in forbearance also decreased two basis points to 1.81%, and Ginnie Mae loans decreased one basis point to 4.35%.
Realtor.com
JULY 26, 2021
During the pandemic, Americans have increasingly been looking for vacation homes to escape to. These are the most affordable lake towns in 2021. The post The 10 Most Affordable Lake Towns in America, 2021 appeared first on Real Estate News & Insights | realtor.com®.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Jason Fox
JULY 26, 2021
10 Essential Landing Page Tips Every Real Estate Website Needs. Real estate is one of the most competitive industries in the world. Every day, agents and brokers fight for their piece of what’s left of an ever-shrinking pie. Even those with excellent marketing knowledge would still find standing out from the crowd difficult. These ten essential landing page tips can help any real estate website.
Housing Wire
JULY 26, 2021
“I feel the need…the need for speed.” – Maverick (Top Gun). With the increasing “need-for-speed” at which the lending community moves, keeping up is a constant task that never gets any easier. New entrants continue to join the market with better technology and digital processes to simplify the loan process and provide fast closing experiences to meet consumer needs.
Maximum Exposure Real Estate
JULY 26, 2021
Everything You Need to Know About a Condo Are you thinking about buying a condo unit? There are many reasons to be attracted to condo living. Condo owners are typically attracted to reduced maintenance costs, community living, or a desire to live in a walkable area. Whatever your reason for looking at condominiums for your […]. The post The Definition of A Condo: Different Kinds of Condos Explained appeared first on Massachusetts Real Estate Exposure.
Housing Wire
JULY 26, 2021
I have been following the discussion around the competitiveness, costs and consumer benefits of U.S. Multiple Listing Services (MLS) by those trying to disparage the system. As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. system has long been — and is still — viewed as the best by consumers around the world.
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.
The Mortgage Report
JULY 26, 2021
A new mortgage relief plan from President Biden will reduce mortgage payments by 20 to 25 percent for eligible borrowers. Learn about relief options here.
Housing Wire
JULY 26, 2021
Kenneth Farmer has been named regional underwriting counsel for First American Financial Corporation’s gulf coast title insurance, the company recently announced. Farmer, who has been promoted from within, will continue to serve as state counsel for First American Title’s Mississippi operations while providing underwriting guidance and assistance to title agents in Mississippi, Alabama, Arkansas, Louisiana and Tennessee.
Sotheby's International Real Estate
JULY 26, 2021
From the sale of a US$28.5m Southampton home to the sale of an unrivaled estate in Crete, here are five Significant Sales from June 2021 represented by the Sotheby’s International Realty® global network. Southampton, New York. Sold for $28,500,000 | Harald and Bruce Grant, Sotheby’s International Realty – Southampton Brokerage. Singapore. Sold for $43,666,000 SGD | Steve Tay, List Sotheby’s International Realty .
Better Dwelling
JULY 26, 2021
Toronto’s new home market is finally starting to cool, but it’s got a long way to go. Altus Group and BILD GTA data show new home sales were firm in June. Weakness in the city, especially for condo apartments, weighed on price growth though. Annual price growth is starting to slow, with condos even seeing […]. The post Toronto New Home Prices Are Finally Seeing Growth Slow appeared first on Better Dwelling.
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The Mortgage Report
JULY 26, 2021
Should you pay discount points for a lower mortgage rate? The savings can be huge. But discount points aren't right for everyone. Learn more here.
Realty Biz
JULY 26, 2021
Wildfires raging in Western Canada could send lumber prices sky high again in a move that would snuff out home buyer’s hopes of some price relief. Lumber prices had been cooling in recent weeks leading to hopes that new home prices would come down. The costs of remodeling projects were also set to benefit. But whatever relief comes may well be limited, as lumber producers have warned that price rises could be on the horizon if Canada’s wildfires aren’t stopped.
Homes.com
JULY 26, 2021
Do we REALLY call all the shots in the lives we lead with our pets? This Homes.com survey found that we may not wield as much influence as we think! The post Do Pets Dominate Homeownership and Housekeeping Decisions? appeared first on Homes.com.
Agent Drive
JULY 26, 2021
Does print advertising still work for real estate? As a real estate agent, you’ve probably felt at a loss when trying to answer this question. Should you abandon all things offline and focus solely on the online side? That’s a prevailing opinion amongst many marketers across different industries, including real estate. But be careful – […]. The post 8 Powerful Ways a Real Estate Magazine Entices People and Helps You Sell appeared first on AgentDrive.
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
JULY 26, 2021
A 16-story residential building rising next to a landmarked church in Williamsburg -- with a sky bridge attaching the pair -- is nearing completion. A visit last week revealed much of the building is finished except for the ground floor, where windows have been installed but work is still under way.… Read More > The post Williamsburg Residential Building With Sky Bridge to Landmarked Church Nears Completion appeared first on Brownstoner.
Agent Drive
JULY 26, 2021
One of the best places to live in Dubai is the Dubai Creek Harbour, and there are many reasons why. In this article, we will explore all the reasons there are to invest in Dubai Creek Harbour. We are also going to explore the many amenities and facilities it has to offer and whether it’s suitable for […]. The post WHAT MAKES DUBAI CREEK HARBOUR THE BEST PLACE TO LIVE?
The Mortgage Report
JULY 26, 2021
Today’s mortgage and refinance rates Average mortgage rates inched lower last Friday. So these rates are now back down to their lowest level in several months. And are tantalizingly close […].
Realtor.com
JULY 26, 2021
Sales of new homes in the U.S. fell in June to the lowest level since the first month of the U.S. coronavirus pandemic in early 2020, as high prices and a limited selection frustrated scores of would-be buyers. The post Sales of New Homes Slump to the Lowest Level Since Start of Pandemic. High Costs and Low Selection Are to Blame appeared first on Real Estate News & Insights | realtor.com®.
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.
Toronto Realty Blog
JULY 26, 2021
TorontoRealtyBlog. They call it “home-ownership on-demand,” which leaves a lot to be answered. So how about this: what do you call an opportunity to buy a house or condo if you can’t really afford it? Um, I guess that’s affordable housing to some extent, but let’s keep this going. Alright, so what would you call it if the bank wouldn’t approve you for a mortgage, and you didn’t meet the 5% minimum down payment threshold required by law, but you were af
Realtor.com
JULY 26, 2021
Zombie trees are dead on the inside but look alive, so they’re not easy to spot unless you know what to look for. Here's how to protect your yard. The post What Are Zombie Trees? Here’s What Homeowners Need To Know To Protect Their Yard appeared first on Real Estate News & Insights | realtor.com®.
RIS Media
JULY 26, 2021
Weeknight dinners can be a challenge for every family. Between commutes and extracurriculars cutting into the evening, plus simple exhaustion from the workday, it can be difficult to come home and prepare a nutritious and balanced meal that everyone enjoys. If you need a few helpful ideas in your back pocket for the next time you are tempted to order takeout again, these tips can help.
Better Dwelling
JULY 26, 2021
Despite a booming US real estate market, foreign buyers have been sitting this one out. National Association of Realtors (NAR) data shows foreign buyers made a big drop in the year ending March 2021. The pandemic didn’t have much of an impact on budgets, but fewer buyers came to market. Foreign Buyers Spent 27% Less […]. The post Foreign Investment In US Real Estate Falls To A Decade Low: NAR appeared first on Better Dwelling.
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RIS Media
JULY 26, 2021
Back to school season is just around the corner, and while parents and children alike will want to make the most of the remaining vacation time, there are a few things you should do before the school year officially starts. These four ideas can ensure that your family begins the new school year seamlessly. Begin Shifting Bedtimes in Advance. Between vacations, evenings in the pool and nights out making s’mores, your children have likely stayed up past their school year bedtimes.
HomeLight
JULY 26, 2021
DISCLAIMER: This article is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. HomeLight always encourages you to reach out to a licensed financial advisor regarding your own situation. You just landed a big promotion, along with a healthy pay raise. There’s a glass of bubbly in your hand, and the lyrics to “Mo Money Mo Problems” are running through your head as you debate where to channel your extra disposable income.
RIS Media
JULY 26, 2021
Doing the dishes may be a dreaded chore for many, but that chore has been made much less difficult with modern dishwashers. If you are ready to make your dishwasher as effective as possible, there are a few tips you can use to make nightly clean-up a breeze. . Don’t Pre-Wash Your Dishes. You may think you are making the washing cycle easier for your dishwasher by rinsing or pre-washing your dishes.
Realty Biz
JULY 26, 2021
Americans are increasingly showing a preference for affordability over shorter commute times, as the price of homes within easy reach of downtown job centers grows more slowly than those that are further flung, a new study has found. The analysis from Zillow and maps provider HERE Technologies notes that short commute times have always come with a more expensive price tag.
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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