Housing Wire
OCTOBER 7, 2020
Don’t call it a comeback, Good demographics and low mortgage rates have been here for years, Rockin’ the bubble boys Puttin’ the bears in fear. That’s a reference to the song “Mama Said Knock You Out” from L.L Cool J. I have used this in other articles and interviews, which runs in line with my big macro take that what drives the housing market are mortgage rates and demographics.
Keeping Current Matters
OCTOBER 7, 2020
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially when they’re so affordable in today’s market. Every three years the Survey of Consumer Finances shows the breakdown of how owning a home helps build financial security.
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Housing Wire
OCTOBER 7, 2020
For the second consecutive month, Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ desire to sell or buy a home, gained 3.5 points in September to 81. Compared to this time last year, the HPSI is down 10.5 points, but has recovered more than half of its early pandemic-period decline when April’s HPSI hit its lowest reading since November 2011.
Better Dwelling
OCTOBER 7, 2020
Toronto is one of the few real estate markets to buck the trend of fewer high rise cranes. Rider Levett Bucknall Crane Index (RLB), a global real estate advisory firm, released its Q3 Crane Index. The index shows North America saw the first decline of construction cranes in years. Toronto was a notable exception. The […]. The post Toronto Tops Construction Crane Index, With Almost A Third of All Projects appeared first on Better Dwelling.
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Housing Wire
OCTOBER 7, 2020
Are you running your real estate practice like a business? Or is being a real estate agent just a side hustle for you – something you do in your spare time? According to the U.S. Small Business Administration , only half of small businesses survive five years or longer. So, if you’re planning to be a real estate agent long-term, it’s probably a good idea to run your business like, well, a business, especially in today’s highly competitive housing market.
REM Online
OCTOBER 7, 2020
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Unconditional offers to buy are binding, appeal court rules. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. An “unconditional” offer is one that is made without any conditions attached – such as the buyer first being able to obtain financing, obtain a satisfactory home inspec
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
OCTOBER 7, 2020
Westend61/Getty Images This year’s coronavirus pandemic and the accompanying recession have turned a lot of people’s financial plans upside down. But those millennials who’ve been lucky enough to hang onto their jobs are fast-tracking their plans to buy a home, in part because the pandemic is helping them do so. The nation’s largest generation has been helped by record-low mortgage interest rates, according to a recent realtor.com® survey.
Housing Wire
OCTOBER 7, 2020
After faltering 4.8% the week prior , mortgage applications almost completely rebounded last week, gaining 4.6%, according to a report from the Mortgage Bankers Association. The refinance index also jumped 8% — hitting its highest level since mid-August. Refinances continued to hover around two-thirds the share of mortgage activity as they increased to 65.4% of total applications from 63.3% the week prior.
Realtor.com
OCTOBER 7, 2020
KatarzynaBialasiewicz/Getty Images When it comes to home improvement, the bedroom is easy to ignore. We often spend more time in the kitchen (or even the bathroom ) than the bedroom, and guests are more likely to hang out in the living room than the sleeping quarters—which makes it tempting to treat the bedroom like a storage space instead of a refuge for relaxation.
Housing Wire
OCTOBER 7, 2020
Keller Williams co-founder Gary Keller has stepped down as CEO amid a broader corporate restructuring that will see the creation of a new holding company, KWx , and a new CEO. In an email to Keller Williams’ leaders and agents Wednesday morning, Keller said the announcement is “one I have been working toward for many months and am confident will mark the next chapter in the history of Keller Williams.”.
Advertiser: Trellis
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Brownstoner
OCTOBER 7, 2020
A housing lottery has opened for seven units in a six-story building at 1780 Sheepshead Bay Road in Sheepshead Bay that is currently under construction. Despite being labeled as affordable, the rents, like many for buildings that receive a property tax exemption through the controversial 421-a program, stretch the concept… Read More > The post Housing Lottery Opens for Seven Units in Sheepshead Bay, Starting at $1,725 a Month appeared first on Brownstoner.
Housing Wire
OCTOBER 7, 2020
HousingWire recently spoke with ACES Quality Management CEO Trevor Gauthier about the importance of quality control among record-breaking volumes and how QC technology can help lenders avoid costly errors. HousingWire: How have recent conditions impacted loan quality management? Trevor Gauthier : Right out of the gate with COVID-19, we saw everyone making the transition to a remote work environment, which was incredibly burdensome on organizations that are used to being in their brick-and-mortar
Eye on Housing
OCTOBER 7, 2020
For the week ending October 2, 2020, the Mortgage Bankers Association’s Weekly Application Survey, showed a 4.6% increase in overall mortgage activity from the previous week on a seasonally adjusted basis, as seen in its Market Composite Index. The growth was driven primarily by the Refinancing Index, which shot up by 8.2% from the previous week, driven by a drop.
Housing Wire
OCTOBER 7, 2020
As mortgage lenders continue to register record volume in 2020, top talent is in peak demand and companies are having to shift the way they view human capital in order to stay competitive. That’s why we’ve invited workplace strategist Jeff Butler to kick off our long-awaited HousingWire Annual event, tomorrow, with a keynote speech titled: Winning the Talent War.
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Realtor.com
OCTOBER 7, 2020
Roger Rosenbaum A quirky house with connections to both the Muppets and the Grateful Dead is on the market for $750,000. Potential buyers should prepare to be a bit bewildered—in a good way. “It’s amazing. You walk in, and there’s so much attention to detail, it’s overwhelming,” says the listing agent, Daniel Staley. “It’s something that you have a hard time grasping, because there’s so much going on.”.
RIS Media
OCTOBER 7, 2020
The first year in real estate is the toughest. Figuring out what to do each day and implementing an effective real estate business plan is no easy task! Here are a few of the most common mistakes new agents face when starting out. 1. They Have No System for Their Business. No one tells you what to do when you first get into real estate! It can be hard to build a business without a system for real estate lead generation.
Waterfront Properties
OCTOBER 7, 2020
October is National Seafood Month and it is observed for the entire month. The United States is recognized as the global leader in sustainable seafood, both wild-caught and farmed. US Fishermen and fish farmers operate under some of the most robust and transparent environmental standards in the world. Today, people all over the world love seafood and there is about a thousand or more different ways to enjoy seafood.
Brownstoner
OCTOBER 7, 2020
Editor’s note: This story is an update of one that ran in 2009. Read the original here. One of mankind's oldest building materials is brick. Before they shaped stone with tools, our ancestors dried mud and other materials in the sun and stacked them to make shelters, altars and marketplaces. Centuries… Read More > The post Building a Borough: The Brick Buildings of Brooklyn appeared first on Brownstoner.
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.
BubbleInfo
OCTOBER 7, 2020
Check out our new listing that’s going on the market tomorrow! They say that everyone is fleeing the urban markets for the country, and this is a good example of how much further your money will go. It is fairly close to town too – you wouldn’t really need to change doctors, etc. 29780 Reza […]. The post One-Story Country Estate with 2br ADU appeared first on bubbleinfo.com.
Realtor.com
OCTOBER 7, 2020
House Party” is realtor.com®’s official podcast about the overlapping worlds of real estate and pop culture, hosted by Natalie Way and Rachel Stults. Click the player above to hear our take on this week’s hot topics. If you love true crime as much as we do, then you’re probably up to speed on the latest Netflix sensation, “American Murder: The Family Next Door.” The documentary has been trending at the top of the streaming service’s charts since it debuted last week—an
RIS Media
OCTOBER 7, 2020
Much has changed since the start of the health crisis at the beginning of 2020. The pandemic has flooded every industry, including real estate, and the after-effects are being noticed in several ways, including millennial home-buying trends and motivation, according to a new survey from realtor.com ® and HarrisX. The biggest change? COVID accelerated millennials’ plans to purchase.
Dwell Real Estate
OCTOBER 7, 2020
Longboat Key and St. Pete have been known for their beauty, charm and pristine Gulf coast beaches by locals for years upon years. Visitors from around the world have fallen in love with these breathtaking locations and now they are being recognized as one of the best islands and best large cities in the U.S. – at least among readers of Conde Nast Traveler.
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
OCTOBER 7, 2020
Zillow Smooths Out One of the Most Accelerated Shifts in Home-Buying History. The market seems to be at an inflection point, but with elections and pandemics driving market sentiment, it’s hard to know which way is up. “Should I buy, sell, rent, remodel or sit tight?” With Zillow, the universal answer may very well be “yes.” With a plethora of real estate brands under its umbrella, the Zillow Group essentially reflects the entire market, serving buyers, sellers and
Brownstoner
OCTOBER 7, 2020
Residents of a particularly well-manicured block of East 25th Street in East Flatbush are hopeful the city’s landmarking honchos will designate their stretch of Neo-Renaissance style row houses as a historical district. “It seems as though the community deserves it, not just our block,” said Julia Charles, who chairs the… Read More > The post East Flatbush Neighbors Hopeful Landmark Status Will Be Won for Proposed Historic District appeared first on Brownstoner.
RIS Media
OCTOBER 7, 2020
The National Association of REALTORS® (NAR) recently announced its five 2020 Good Neighbor Awards winners. For 21 consecutive years, NAR has honored REALTORS® who make an extraordinary impact on the world through volunteering. The efforts of this year’s Good Neighbor Awards recipients are even more remarkable given the challenges that COVID-19 brought to their respective humanitarian efforts, including cancelled fundraisers, obstacles to in-person volunteering and increased need. .
Fancy Pants Homes
OCTOBER 7, 2020
We recently covered the new Haunting of Bly Manor , director Mike Flanagan’s so-called sequel to the epic mini-series The Haunting of Hill House. And while anxiously waiting for the series to drop on Netflix, we thought we’d try to distract ourselves by taking a trip down memory lane and re-watching the first season. Are the two seasons connected? Kind of.
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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
OCTOBER 7, 2020
Introducing the 2020 EverGreen Award Winners. The Green REsource Council recently unveiled its 2020 EverGreen Award winners, honoring those real estate professionals who have taken extraordinary measures to advance green building, develop their skills, and use their green know-how to better their communities and the real estate industry. Moore. One of this year’s winners, Jeannette Moore, a broker at Green Florida Properties, has been an advocate for the green real estate community through
The Mortgage Report
OCTOBER 7, 2020
Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. And conventional loans today start at 2.75% (2.75% APR) for a 30-year, fixed-rate mortgage. A fall looked unlikely yesterday […].
RIS Media
OCTOBER 7, 2020
Physicians agree that getting a good night’s sleep is the first and most important step to increased well-being and productivity. Further, studies have shown that getting fewer than seven or eight hours of sleep each night can increase the risk of developing heart disease and/or type 2 diabetes. If stress or bad habits are robbing you of shut-eye, reviewing this checklist of sleep-inducing aids should help you keep your date with Mr.
Realtor.com
OCTOBER 7, 2020
Fogstock / Eric Palmer / Getty Images My home’s front porch was the feature that made me yell, “Stop the car!” when my husband and I were house hunting some 20 years ago. Having grown up in a relatively charmless 1955 split-level, I viewed a front porch as a delightful throwback to days when neighbors knew one another by name—a time when life was a bit slower, simpler.
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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