Housing Wire
AUGUST 3, 2021
When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one. The previous economic expansion, from 2010-2019, wasn’t a housing bubble. Quite the opposite: In that cycle we had the weakest housing recovery ever, even with the lowest mortgage rates during the longest economic expansion ever.
Keeping Current Matters
AUGUST 3, 2021
According to recent data from realtor.com , median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “ Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than 1% from month to month.
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Housing Wire
AUGUST 3, 2021
The blockchain revolution may soon be coming to mortgage lending. And it could take the form of a very old-school lender – Homebridge Financial Services. The Mike Cagney-led fintech lender Figure Technologies , most recently valued at $3.2 billion, announced Tuesday afternoon that it intends to merge with Homebridge. “We are bringing together the most robust, powerful and efficient technology ever seen in lending and pairing that with a $25 billion a year loan originator with 150,000 customers w
Better Dwelling
AUGUST 3, 2021
Canadian real estate affordability deteriorated so fast, it will delay buyers by years. National Bank of Canada (NBC) crunched the numbers on how long it would take to save a down payment in Q2 2021. Not buy the home, but to just have the minimum required down payment to get a mortgage. Over one quarter, […]. The post Canadian Home Buyers Need Up To 34 Years of Savings For A Down Payment: NBC appeared first on Better Dwelling.
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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.
Housing Wire
AUGUST 3, 2021
Rocket Companies , parent of Rocket Mortgage , has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”.
Brownstoner
AUGUST 3, 2021
New York’s congressional, state senate and assembly districts are set to be redrawn this year, and for the first time in history, everyday New Yorkers have had the chance to weigh in on how they think the districts should be drawn up. The New York Independent Redistricting Commission, the entity tasked… Read More > The post Gerrymandering in Brooklyn Is Out of Control.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Sotheby's International Real Estate
AUGUST 3, 2021
In ancient mythology, Aurora, the goddess of dawn, would dance across the sky announcing the arrival of the sun each day. An address on Aurora Lane, then, feels fitting for this one-of-a-kind home, which with its southern orientation and walls of glass revels sunlight from morning till night. Glen Ellen, California | Charles Lamp, Gina Clyde, and Courtney Keating, Sotheby’s International Realty – Wine Country – First Street Brokerage.
Fancy Pants Homes
AUGUST 3, 2021
For the longest time, luxury homes were synonymous with opulence, deriving their worth from their lavish interiors, massive scale, and over-the-top features. But gone are the days when oversized crystal chandeliers were crowning living spaces and imposing staircases with intricate wrought-iron railings were the pinnacle of luxury. Modern luxury is devoted to the creation of beauty and function, with livable, inviting spaces dethroning Gilded Age-worthy interiors and overt opulence.
Better Dwelling
AUGUST 3, 2021
New Zealand’s central bank is considering tightening mortgage lending standards even further. In June the New Zealand Government gave the Reserve Bank the green light to tighten lending. This morning, they announced they’ll consider a series of new measures in October. The big changes they’ll consider are further limits to high loan-to-value ratio (LVR) borrowing, […].
The American Genius for Real Estate
AUGUST 3, 2021
(TECHNOLOGY) Viva launched as a pretty brilliant model - give renters back equity as they rent, foster future buyers, and build a property portfolio. The post Viva – the startup that gives renters equity as they rent appeared first on The American Genius Real Estate.
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.
Eye on Housing
AUGUST 3, 2021
The latest labor force statistics from the 2019 American Community Survey show that more young people are entering the construction trades. The share of workers under the age of 25 reached 10.8% in the construction industry in 2019, compared to only 9.7% in 2015. Consequently, the median age of construction workforce is 41 in 2019, a year younger than in.
Realty Biz
AUGUST 3, 2021
Abode Real Estate today announced its partnership with Side , the only real estate technology company that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses. The alliance will ensure that Abode Real Estate, a premium one-stop shop that addresses every real estate need, is powered by the industry’s most advanced platform.
Eye on Housing
AUGUST 3, 2021
An earlier post revealed that 66% of buyers who were actively engaged in the process of finding a home in the second quarter of 2021 have spent upwards of 3 months searching for a home without success. For two quarters recently (Q4 2020 and Q1 2021), ‘getting outbid by other offers’ was the most common reason these long-time searchers could.
Realty Biz
AUGUST 3, 2021
Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Kinsley: Hi Brian. Last week I was notified that a settlement for a horrific car accident is about to become available and I can expect to have the money in about two weeks.
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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.
First Team Real Estate
AUGUST 3, 2021
If you are thinking about selling your home and downsizing, there are a few factors you should consider. Find out about them here. Why would I sell my home? Most of us have a reason we would consider selling our home – to cash in on its equity, to pursue a new job or move to a better neighborhood, to upsize or downsize, or simply to be closer to friends and family.
Realty Biz
AUGUST 3, 2021
Better Homes and Gardens® Real Estate , the leading real estate lifestyle brand, welcomed 14 new firms throughout the first two quarters of 2021, marking the strongest Q1 and Q2 since the brand launched in 2008. Better Homes and Gardens Real Estate was recently named to Franchise Business Review’s Culture100 , an award that recognizes top companies that create winning cultures among its franchise owners.
The Mortgage Report
AUGUST 3, 2021
Today’s mortgage and refinance rates Average mortgage rates nudged down again yesterday. And they’re now within touching distance of the all-time low. First thing this morning, it was looking as […].
Realty Biz
AUGUST 3, 2021
Florida is a favorite vacation spot for people all over the world and if you have been there, you will find it’s not hard to see why. If you are thinking of visiting Florida then you should look into the different activities on offer in Southern Florida or maybe even check out these nice neighborhoods in southern Florida if you are looking for a more permanent change of scenery. .
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.
RIS Media
AUGUST 3, 2021
New York and the surrounding areas have experienced a shift in executive leadership for a prominent brokerage brand, Douglas Elliman. Dottie Herman stepped down as CEO of the company, with Scott Durkin, the brokerage’s president and chief marketing officer, taking on the role effective immediately. “It is a thrill to pass the CEO title to my friend Scott Durkin whose career I have watched since acquiring Elliman in 2003 when I joined the New York City brokerage community,” said Herman in a
Realty Biz
AUGUST 3, 2021
Silverton Mortgage , a leading direct residential mortgage lender, announced its newest partnership with clover & hive , a new home builder that offers a modernized and simplified approach to home buying with pricing starting in the low $300s. With its partner lender status, Silverton will serve clover & hive out of its new office in Kansas City, Mo., Silverton’s 36th location.
RIS Media
AUGUST 3, 2021
Here are some DIY-friendly plumbing projects you can tackle yourself. Install a Dishwasher or Toilet. The hardest part of installing a dishwasher or toilet is physically moving it to its designated spot. Once in place, most installations are fairly seamless if you have basic handyman skills and follow the manufacturer’s instructions. Prep Your Pipes.
Better Dwelling
AUGUST 3, 2021
Lumber prices pushed the cost of building a home higher — a lot higher. Canadian Home Builders’ Association (CHBA) data shows members saw lumber costs soar. In fact, more than half of builders said lumber costs increased at least $30,000 in Q2 2021. Even though lumber prices have since crashed, don’t expect cheaper housing. Not […]. The post Over Half of Canadian Home Builders Have Seen Lumber Costs Rise At Least $30,000 appeared first on Better Dwelling.
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.
RIS Media
AUGUST 3, 2021
Forbearance rates decreased by 1 basis point to 3.47% as of July 25, 2021, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. The MBA estimates 1.74 million homeowners are currently in forbearance plans. The share of Fannie and Freddie loans in forbearance decreased 2 basis points to 1.79%. Ginnie Mae loans in forbearance decreased 5 basis points to 4.30%.
Waterfront Properties
AUGUST 3, 2021
Dessert foodies can rejoice Proper Ice Cream Shop, a gourmet ice cream concept, has just opened a location in Boca Raton. Proper can be found at the park Place Plaza. The ice cream shop offers flavors such as Sicilian pistachio with caramelized figs, blood orange sorbet, key lime pie tart, fresh pear gelato with burnt sugar and many more. As many artisan crafts begin, proper ice cream started in the home kitchen of owner Rick Felberbaum.
RIS Media
AUGUST 3, 2021
Make your life a little easier by taking advantage of these surprising uses for your dishwasher. Sanitizing Kids’ Toys. Keep your child’s toys sanitized and grime-free without chemicals by simply stacking them on the top rack. Cleaning Pet Items. Pet bowls and toys can get grimy. Pop them in the dishwasher to get them shiny and new in no time.
Lab Coat Agents
AUGUST 3, 2021
There is a recurring refrain I hear among my colleagues in Real Estate …. not just in my market area of Northern NJ, but throughout the country: . “ OMG, there is no inventory, there is nothing to sell! If there are no good houses to sell, then buyers aren’t going to come buy homes in my market area. If it FEELS like half the amount of inventory, then are we going to only sell half as many houses?
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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.
RIS Media
AUGUST 3, 2021
This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses the state of the market and how brokers are preparing for another boost in activity this fall. Moderator: Cindy Ariosa, Senior Vice President, Regional Manager, Long & Foster Real Estate, Chantilly, Virginia, Special Liaison for Large Firm and Industry Relations, NAR.
BubbleInfo
AUGUST 3, 2021
Do sellers buy first, or sell first? Most want to use the equity in their current home to buy the next one. But if you sell first and can’t find a replacement, you could end up homeless, and/or having to move twice – once into a (very expensive) rental, and then move again once you […].
RIS Media
AUGUST 3, 2021
Brokerages interested in increasing their activity while lowering their costs can benefit from marketing workshops. A quality workshop, like those offered for free in online webinars, gives your team the opportunity to learn new ways to attract clients and top-producing agents. They also provide your team with information on all the tools and resources needed to move listings and boost their sales.
Waterfront Properties
AUGUST 3, 2021
Located just off Atlantic Avenue in Delray Beach is the Pineapple Grove Arts District. Here at the Pineapple Grove Arts District, you will feel the friendly ambience that makes downtown Delray Beach such a joy to visit. Pineapple Grove is home to galleries, shops, restaurants, Arts Garage and Artists Alley. The Pineapple Grove Arts District, 2nd Avenue, Delray is speckled with murals and sculptures.
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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