Housing Wire
MAY 28, 2021
There’s a common misconception that fixer-uppers are less expensive than turnkey properties. While turnkey properties come with a higher price tag , they can be a cheaper investment in the long run. According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home.
Keeping Current Matters
MAY 28, 2021
Some Highlights. In today’s whirlwind real estate market, houses are selling at astonishing speed – from sea to shining sea. Four years ago, the average house spent 39 days on the market. Two years ago, homes were on the market for about 24 days. Today, that number has dropped to just 17 short days. If you’re looking to sell your house quickly and on the best possible terms, today’s market can’t be beat.
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Housing Wire
MAY 28, 2021
As borrowers impacted by COVID-19 continue to exit mortgage forbearance, now is the time for lenders and servicers to be proactive in their borrower outreach to reduce foreclosure volume. According to ATTOM Data Solutions, foreclosures have increased by 9% in the first quarter of 2021. And while foreclosure is sometimes unavoidable, lenders and servicers have an arsenal of tools at their disposal to help borrowers before that happens.
Realtor.com
MAY 28, 2021
Angela Owens/The Wall Street Journal NIPTON, Calif.—In the award-winning television show “Schitt’s Creek,” the owners of the tiny town of the same name try to sell it, with no luck. Roxanne Lang feels like she’s been living that story line on repeat. For more than half a decade now, she has been trying to sell her own town, an 80-acre plot of land on the California side of the Mojave Desert, about an hour away from Las Vegas.
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Housing Wire
MAY 28, 2021
HousingWire recently spoke with Aditya Udas, managing director at Iron Mountain, about the potential for digital transformation of mortgage custodial duties and how Iron Mountain is innovating collateral management. HousingWire: How does custody transformation impact the mortgage industry? Aditya Udas: From Iron Mountain’s perspective, mortgage custody directly impacts liquidity in the housing market.
Fancy Pants Homes
MAY 28, 2021
Many, many years after its famous owner, the King of Pop, stopped calling it home, the sprawling property once known as Neverland Ranch finally found a new resident. Billionaire Ron Burkle, a onetime associate of the late pop star and co-founder of the investment firm Yucaipa Companies, paid $22 million for the 2,700-acre property, the Wall Street Journal reports.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
MAY 28, 2021
Canada’s largest bank still sees home prices making a steep drop in a worst-case scenario. RBC regulatory filings for Q2 2021 show the bank’s forecast for risk planning. Currently, they see price growth slowing from current levels, but still advancing. If housing surprises to the upside, they see home prices advancing a little more quickly. […].
Housing Wire
MAY 28, 2021
Imagine wanting to build software in the mortgage industry. You spend your time visualizing the problem your technology plans to solve, but after researching the industry, you realize that when it comes to building mortgage technology, you’re not just building an application. You actually have to take the proper steps to make sure it gets built correctly, and from a compliance standpoint.
Realtor.com
MAY 28, 2021
Getty Images Two years ago, we painted a major living area in our home—a large, open-concept space that contains our family room and kitchen, with high ceilings and lots of natural light. We took it from a garish mustard yellow to white. The room now looks so light, so bright, so green. How could this be? It turns out, our home is surrounded by trees, and during the day, the light flooding through the windows carries a green tint, which shows up on our white walls.
Housing Wire
MAY 28, 2021
Notoriously high home prices are the norm in San Jose, California, and the rest of Silicon Valley. But in the hot housing market of 2021, even those homes are getting immediate, multiple offers when they hit the market. Local Coldwell Banker agent Theresa Wellman said the seven-digit price tags of the area, which has a median listing price of $1.4 million, haven’t been scaring off potential homebuyers. “We’re seeing eight to 10 offers on homes as soon as they go on the market,&
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The American Genius for Real Estate
MAY 28, 2021
(TECH) The Department of Housing and Development allows public housing authorities to use facial recognition technology on tenants totally unchecked. The post Should HUD allow facial recognition use in public housing? appeared first on The American Genius Real Estate.
Better Dwelling
MAY 28, 2021
Canadian condo prices had a slow start compared to detached homes, but they’re now ripping higher. Canadian Real Estate Association (CREA) data shows prices hit a record high in April. The typical condo apartment has seen prices advance by double digits just last month. Some markets have now produced annual gains well into the six […]. The post Canadian Condo Markets Have Seen Prices Rise Up To $116,000 appeared first on Better Dwelling.
Sotheby's International Real Estate
MAY 28, 2021
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Denver, Colorado | Tamara Cooper, LIV Sotheby’s International Realty. Colorado Avalanche star Nathan MacKinnon, 25, is selling his $3.5 million penthouse high atop Denver. Inside Avalanche star Nathan MacKinnon’s $3.5M Denver penthouse – Axios.
Realtor.com
MAY 28, 2021
Getty Images Parents, you know that summer vacation is upon us, and that means your kids will be antsy to tackle new activities. So there’s no better time to teach them a thing or two about gardening. “Many of us turned to creating a garden as one of our quarantine hobbies in 2020,” says Bailey Carson , home expert at Angi, the home improvement recommendation site.
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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.
RIS Media
MAY 28, 2021
Oftentimes, the term REALTOR® (NAR) is used interchangeably with real estate agent. However, the two are not the same—REALTORS® are real estate agents, but not all agents are REALTORS®. The National Association of REALTORS® recently assembled a clear picture of who a REALTOR® is through its 2021 Member Profile. The biggest difference? They are real estate professionals who became members of the National Association of REALTORS® and must abide by their Code of Ethics.
HomeLight
MAY 28, 2021
Perhaps you’ve heard of a “shotgun wedding,” but have you heard of a “shotgun house?”. Thankfully, the two phrases really don’t relate at all. A shotgun house is not a quick or coerced sale (like a shotgun wedding!); it’s actually a term to describe a specific type of architecture: a long, narrow house structure. Shotgun houses have a rich history and possibly an even brighter future.
First Team Real Estate
MAY 28, 2021
If you’re looking for things to do in Southern California June 2021, then you’ve come to the right place. As the world begins to open up, we’re seeing more and more events pop up once more across Orange County, LA County, San Diego County, and the Inland Empire. Always double-check event details before you head out, but here’s a list of events in Southern California this month to get you out and about!
HomeLight
MAY 28, 2021
Being careless with language is never a wise idea, but it can cost you money and time, not to mention cause a headache, during your house hunt. By not understanding the difference between the various types of agents and their specialties, you could waste time looking at houses that aren’t quite right, or spend more money than you should have because your agent lacked the specialist knowledge needed for your search.
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.
Point2Homes
MAY 28, 2021
Where you live plays a significant role in your carbon footprint. And, while renters may not think they have much control over that, you can move to a greener unit when your lease ends. Check out the tips below to learn how to choose an eco-friendly apartment and ensure your next living space supports your sustainable lifestyle. Image: Youproduction / Shutterstock.com.
HomeLight
MAY 28, 2021
Selling your home in California can feel like a bear, with closing costs amounting to as much as 6% to 8% of the total sale price. If you’re a California seller, you may have noticed a chunk of these costs going to transfer taxes. So what are these fees and why are they so expensive? Transfer taxes are charges levied by various government bodies on the conveyance of homeownership from one party to another.
Realty Biz
MAY 28, 2021
The Biggest Mistake You Can Make When Buying Real Estate? What is it? Buying Real Estate is easily one of the biggest investments that you’ll make in your lifetime, and because of this, it is often one of the most stressful, as well as one of the most emotional experiences that you may encounter. While there are many red flags that you should always be on the prowl for, there is one big mistake that many buyers make, even without knowingly doing so.
HomeLight
MAY 28, 2021
The days when Tacoma’s charms were eclipsed by Seattle, its sprawling cosmopolitan neighbor 34 miles north, are over. A growing number of homebuyers are discovering what locals like you already know — bigger isn’t always better. And this puts you in position to sell your Tacoma house fast. “Buyers are realizing that Tacoma’s just as beautiful an area as Seattle,” says Kris Shook , a top selling real estate agent in Tacoma with 19 years of experience.
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 28, 2021
Under the K Bridge Park, a long-awaited green space beneath the Kosciuszko Bridge in Greenpoint, opened on Tuesday, offering a brand-new place for locals to spend their days amid the fresh outdoors, Governor Andrew Cuomo announced. “The Kosciuszko Bridge project continues to reap benefits not only for motorists, pedestrians and the… Read More > The post Greenpoint’s Under the K Bridge Park Officially Unveiled appeared first on Brownstoner.
HomeLight
MAY 28, 2021
The days when Tacoma’s charms were eclipsed by Seattle, its sprawling cosmopolitan neighbor 34 miles north, are over. A growing number of homebuyers are discovering what locals like you already know — bigger isn’t always better. And this puts you in position to sell your Tacoma house fast. “Buyers are realizing that Tacoma’s just as beautiful an area as Seattle,” says Kris Shook , a top selling real estate agent in Tacoma with 19 years of experience.
BubbleInfo
MAY 28, 2021
FreedomCM asked if people who attend the open house have to self-certify that they have been vaccinated. This is the new form (above), which – like the previous form – just wants you to state that you don’t think you have the bug. It is a thinly-disguised way for the agent to get your phone/email, […].
Waterfront Properties
MAY 28, 2021
Palm Beach County residents and visitors are invited to partake in a happy hour tour. West Palm Beach Food Tours, has hosted thousands of food tours and now adding a happy hour jaunt. The popular Downtown West Palm Beach Food Tour was named a “Top 10 Tour Experience in the United States” by TripAdvisor. Now they are adding a brilliant Happy Hour Tour The newly debuted Happy Hour Tour is described as “a cocktail party on the move”.
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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.
App Folio
MAY 28, 2021
New to property management? While handling day-to-day tasks, managing staff, and fostering resident relationships make up a large part of.
Brownstoner
MAY 28, 2021
With a location just across the street from Prospect Park, this one-bedroom co-op offers the allure of easy strolls through Brooklyn's backyard along with prewar details and a renovated kitchen. Completed in 1931 for the Lourose Realty Corporation, the pale brick, six-story building at 135 Prospect Park West was designed by… Read More > The post Windsor Terrace Co-op Across From Prospect Park With Arched Doorways, Wood Floors Asks $595K appeared first on Brownstoner.
App Folio
MAY 28, 2021
Effectively managing a growing property management business requires a lot of patience, flexibility, and perseverance.
Point2Homes
MAY 28, 2021
Image: kitzcorner / Shutterstock.com. It takes homebuyers an average of seven years to save up for a 20% down payment. As a tenant, you’ve probably asked yourself if it’s better to spend that time continuing to rent or whether to start putting money aside for your future home. Number crunching and prospecting the market play an essential role, but they’re not the only factors that your decision should hinge on.
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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