Fri.Jan 08, 2021

Closing costs: Here’s how much money you really need to buy a house

Housing Wire

Are you considering purchasing a home for the first time? Then you’re probably already saving money for your down payment. But what about all the other costs needed to complete the transaction?

5 ways to pay off your mortgage early: Pros and cons

The Morgtage Report

Here are five ways to pay off your mortgage faster. Plus, what to consider before putting your hard-earned cash toward early mortgage payments. Homeownership Topics Refinance

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Will there be a housing supply shortage in 2021?

Housing Wire

This is the fifth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions for our HW+ members. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel.

How to Sell Your House in 2021

Redfin

So, you’ve evaluated your finances, thought about your lifestyle and made the big decision to sell your home.

MISMO to prioritize eMortgages in 2021

Housing Wire

This year, eClosings surged as remote online notarization became more popular and consumers looked for alternative ways to close on a home.

Realtor.com® December Housing Report: Existing Inventory Hits All-Time Low

RIS Media

Inventory has been a struggle for a long time, and the problem has been compounded by the ongoing coronavirus pandemic.

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Toronto and Vancouver Condo Buyers Warned by CMHC Still Getting Slaughtered

Better Dwelling

Canadian real estate markets may be on fire, but don’t let that fool you into thinking everyone’s made money. Canada Mortgage and Housing Corporation (CMHC) warned first-time homebuyers in April to be careful about jumping in.

LendWize acquires broker software platform ARIVE

Housing Wire

Months after taking over management of broker LOS platform ARIVE , mortgage software startup LendWize has finalized a deal to take complete ownership of the origination platform.

Window Treatments 101: What You Need to Know

Point2Homes

Image: Africa Studio / Shutterstock.com. When it comes to picking new window treatments, you might think you have a choice between blinds or curtains. But there’s actually so much more to the world of window coverings than meets the eye.

2021 means new challenges for mortgage lending

Housing Wire

For many of us, the start of a new year is usually synonymous with a renewed sense of professional self, focusing on new goals, new prospects for the year and, of course, the excitement for the upcoming spring real estate market.

Escrow: What it is and how it works

The Morgtage Report

In the mortgage process, 'escrow' is when funds are held by a neutral third party until the mortgage closes. Learn how escrow works here. Buying a home

New year sees 2.74 million loans in forbearance

Housing Wire

After three consecutive weeks of increases , the number of mortgage loans in active forbearance fell by 92,000 the first week of 2021, according to a Friday report from Black Knight.

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How to inform clients about scams that continue to victimize homebuyers

The American Genius for Real Estate

(HOMEOWNERSHIP) Real estate scams continue to victimize people, but Realtors are in a position to better protect homebuyers. Here are some tips. The post How to inform clients about scams that continue to victimize homebuyers appeared first on The American Genius Real Estate.

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Economists see housing as bright spot to unemployment

Housing Wire

Another month of rising COVID-19 cases left the unemployment situation in the U.S. virtually unchanged in December, with the rate holding for the second month at 6.7%, the U.S. Labor Department said on Friday.

10 productivity tips to get the most out of yourself and your team

The American Genius for Real Estate

(EDITORIAL) Keeping up productivity can be a hard goal to shoot for, so sometimes It helps to see what others are doing. Here's our list of 10 ways to stay productive. The post 10 productivity tips to get the most out of yourself and your team appeared first on The American Genius Real Estate.

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Fed bond purchases to keep pace through end of 2021

Housing Wire

The Federal Reserve made another bid for economic stability on Friday after Vice Chairman Richard Clarida said he expects the central bank to maintain the pace of its bond purchases through 2021. “My

Banks 174

Mortgage and refinance rates today, January 8, 2021

The Morgtage Report

Today’s mortgage and refinance rates Average mortgage rates just inched higher yesterday. They’ve strayed some way from their all-time low, which was visited again on Monday. But they remain in […]. Mortgage Rates Now

People movers: Mid America, TMC, Framework and Sagent

Housing Wire

To start off this week’s people movers, Mid America Mortgage promoted Jemma Pachiano to chief operating officer. Pachiano joined the company in 2011 as national support and training director where she led communication between the company’s executive team, operations team and branches.

Top Ten: Burning Questions For 2021 (Pt3)

Toronto Realty Blog

TorontoRealtyBlog. Happy Friday, folks! I hope you’ve enjoyed the first two installments of this lengthy 3-part series to start 2021. It certainly gave me something to do over the holidays.

The mortgage industry should build ATR rule governance

Housing Wire

It seems simple enough on its face: when a lender makes a home loan, the lender must determine, document, and verify that the prospective borrower has the ability to repay their full loan.

Movers and Shakers: Delta Media, ERA, BoomTown, RE/MAX, Leading Edge, Berkshire Hathaway, BHGRE, Coldwell Banker

Real Trends

The latest news covering real estate industry executive appointments, community service, new business models and more. People

Bring on New Beginnings With These 5 Beautifully Bold Bedroom Design Trends

Realtor.com

The Morson Collection/Houzz A new year is the perfect time for new beginnings, especially when it comes to your home decor. And what better space to refresh than the room where you start each new day?

Design 101

Why Lead Engagement Should Be a Top Priority for Real Estate Agents

Boom Town

For many years in real estate, the hottest topic (and #1 demand from real estate technology companies) has been lead generation. How can I generate more online leads? What sources should I use? And how can I lower my cost per lead?

Prepared for Challenges

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. Fiona Petrie. Vitals: RE/MAX Integra. Years in business: 40. Total regions served: 14. www.remaxintegra.com.

Luxury Real Estate Headlines: First Week in January 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Evergreen, Colorado | Whitney Cain & Jennifer Davenport , LIV Sotheby’s International Realty .

Active listings hit historic new low in December, with less than 700K

Inman

The national inventory dropped by almost 40 percent year over year in December, according to a new report released Friday by realtor.com.

7 Simple Home Improvements to Beat the Winter Blues

Redfin

Winter can be a tough time of year for many of us, especially after all the holiday excitement dwindles down. It’s cold. It’s dark. It’s gloomy. And this is when many of us start to feel the winter blues settling in. . But there is good news.

Today marks Day 300 of quarantine — and agents say the thrill is gone

Inman

Yep, Friday marks Day 300 of coronavirus lockdowns for millions of Americans. But while recent months have been prosperous, some agents long for a time when anxiety and virtual conferencing didn't rule the day.

Immediate Buyer Demand

BubbleInfo

Our new listing hit the MLS about 5:30pm yesterday. By 9:15pm, I received six requests to show it, and another three requests before 8am this morning! link] The zestimates and Redfin estimates are really a joke now.

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6 tips for serving the next generation of luxury homebuyers

Inman

A millennial real estate agent shares what she has learned about working with young affluent buyers while climbing the professional ranks and serving her peers. Agent Luxury Luxury Lens Select Dana Bull generation z luxury buyer millennial millionaires millennials