Housing Wire

SEPTEMBER 22, 2020

Painter Kenneth Noland said, “Context is key – from that comes the understanding of everything.” Whether that is true in the world of art I could not tell you, but it is most certainly true in the world of economics. What are numbers but meaningless points? It is when those points are considered in the context of what has happened before and what we expect to happen in the future that they become imbued with meaning.

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Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Now, believe it or not, fall home-buying season is in full swing.

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RIS Media

SEPTEMBER 13, 2020

A global view of the pandemic’s impact on the commercial market. The world has changed dramatically since the coronavirus outbreak, and global real estate markets have not escaped its impact. The pandemic has magnified and accelerated a number of sector trends for the longer term. Even in a post-pandemic world, it is widely accepted that many of the new practices, such as increased remote working and greater e-commerce, will continue to be observed.

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Keeping Current Matters

SEPTEMBER 30, 2020

If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market. ShowingTime , a leading real estate showing software and market stat service provider, just reported that buyer traffic jumped 60.7% compared to this time last year.

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Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Better Dwelling

SEPTEMBER 29, 2020

Canadians love mortgage debt, and most households consider it low risk. However, they might love it a little too much. Mortgage debt has seen astronomical growth over the past couple of decades. This is often attributed to large economic growth, however the mortgage debt to GDP ratio shows that might be a fib. Canadian mortgage […]. The post Canadian Mortgage Debt Passes 80% of GDP For The First Time appeared first on Better Dwelling.

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Mortgages 145

Eye on Housing

SEPTEMBER 21, 2020

As the novel coronavirus took hold in the second quarter, households’ market values continued to rise, per second quarter 2020 Federal Reserve Flow of Funds report. In the second quarter, the aggregate value of all household mortgages rose by $80 billion to $10.6 trillion, while the aggregate value of the households’ market values, i.e., that of all owner-occupied real estate.

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Housing Wire

SEPTEMBER 23, 2020

Home prices jumped more than 2% between May and July, the largest two-month gain on record, as Americans emerging from COVID-19 lockdowns bought real estate, the Federal Housing Finance Agency said in a Wednesday report. Gains in prices were driven by mortgage rates that started tumbling to record lows after the Federal Reserve began a bond-buying program in March to prevent a credit freeze amid the pandemic-induced recession.

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Finance Mortgages Loans Sales 546

Realtor.com

SEPTEMBER 22, 2020

Warchi/iStock There comes a time in many people’s lives—usually when the words “baby” or “school district” become a regular part of the vocabulary—when people flee the glamorous city to the charming suburbs. Add the coronavirus pandemic to the equation, and suddenly the scales tip all the more toward suburban flight happening sooner rather than later.

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Keeping Current Matters

SEPTEMBER 3, 2020

Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming weeks might just be the timing you’ve been waiting for.

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Imagine Your House

SEPTEMBER 18, 2020

Simple ways to get your kitchen ready when selling a home without having to undertake a major remodel. Selling a home and you want to know what you can do in your kitchen to ensure that it is most appealing to prospective home buyers. What can you do? . Here in the beginning of my series zeroing in on the rooms of your home when selling a home , I begin with one of the most treasured parts of a home, the Kitchen.

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Lighter Side of Real Estate

SEPTEMBER 11, 2020

If only buying and selling houses were as easy “as seen on TV”! It’s probably not all that shocking to you to find out that “reality” real estate shows are pretty far off from actual reality. But how they are different from reality may surprise you… 1. Buyers look at exactly three properties before making a decision. In reality, there is no set number of homes you need to see before making a decision.

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Eye on Housing

SEPTEMBER 21, 2020

The 2019 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 8.1 months, which usually includes a little over a month from authorization to start and another 7 months to finish the construction. The average time to build a single-family home has been on an upward trend since 2014.

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Housing Wire

SEPTEMBER 22, 2020

Sales of existing homes rose to a 14-year high of 6 million in August, the National Association of Realtors said in a report on Tuesday. Combined sales of single-family houses, townhomes, condominiums and cooperatively owned apartments rose 2.4% from July, according to the report. Compared to a year ago, prior to the COVID-19 pandemic, last month’s sales were 11% higher, NAR said. “ Home sales continue to amaze , and there are plenty of buyers in the pipeline ready to enter the market,” sa

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Sales Finance Mortgages Marketing 545

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Realtor.com

SEPTEMBER 18, 2020

Westend61 / Getty Images By the time my husband and I put in an offer on a home (for the third time) in August, we were exhausted by the home-buying process—and we hadn’t even bought a home yet. Even in the midsize town in northern Alabama where we wanted to buy, the real estate market was nuts. Homes were going under contract the same day they were listed, making it nearly impossible to see the house and feel confident enough to submit an offer before we were beaten to the punch by anothe

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Keeping Current Matters

SEPTEMBER 22, 2020

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported : “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.”. Whenever there is a shortage in supply of an item that’s in high demand, the price of that item increases.

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Fixed-rate mortgage Mortgages Loans Sales 343

Homes.com

SEPTEMBER 16, 2020

Ashley and Jamin Mills of The Handmade Home are giving us a glimpse of how their fur babies live lavishly. Want a dream dog pad of your own? Then join us for this DIY abode. The post Doggy Dream Home Makeover: The Handmade Home’s Backyard Bungalow appeared first on Homes.com.

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Better Dwelling

SEPTEMBER 27, 2020

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Moody’s Doubles Down On Forecast Of Canadian Real Estate Prices Falling Soon One of the world’s largest credit rating agencies confirmed an early forecast of falling home prices in Canada. Moody’s had expected government measures would delay any impact to home […].

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Mortgages 145

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Eye on Housing

SEPTEMBER 4, 2020

Using the 2018 Rental Housing Finance Survey (RHFS) published by the US Census Bureau, this post examines the characteristics of rental housing in the United States. The RHFS provides measures of financial, mortgage, and property characteristics of rental properties in the US on a current and continuous basis.[1] General Characteristics The 2018 RHFS survey shows that there are 19,955,000 rental.

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Housing Wire

SEPTEMBER 18, 2020

For Victoria Murphy, a RE/MAX agent in Oahu, Hawaii, getting her Realtor license was always a part of her plan. But shut-down orders in March helped push the college student to get it done. Murphy said the shut-down gave her enough time to get through the pre-licensing course and she was able to enter the real estate world feeling excited and determined.

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Brokerage Agents As-is Marketing 545

Realtor.com

SEPTEMBER 3, 2020

SolStock/Getty Images You’re no Bob Vila , but part of being a homeowner or renter is knowing how to tackle common home repair projects on your own. We’re talking about tasks that fall somewhere between changing a lightbulb and hardwiring a light fixture. These projects aren’t exactly no-brainers, but they also won’t put you at risk of electrocution.

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Keeping Current Matters

SEPTEMBER 1, 2020

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and here’s why.

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Short sale Loans Mortgages Closing 342

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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.

Sales

Maximum Exposure Real Estate

SEPTEMBER 28, 2020

What to Know About PODS Do you know what a POD is and how they work? By the time your done reading, you’ll have an ample amount of insightful information to understand whether renting a PODS moving container is right for you. If the cost of hiring movers stretches your budget further than you imagined, […]. The post Renting a PODS Moving Container: What to Know appeared first on Massachusetts Real Estate Exposure.

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RIS Media

SEPTEMBER 13, 2020

It’s a complicated, competitive world out there, made even more complex by the powerful pandemic that turned life upside-down for so many people. For real estate brokers, agents and investors, the initial freeze on the residential real estate market quickly turned to frenzy. The fast-paced market of summer 2020 required some grounding to make sense of trends locally, regionally and nationally.

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Eye on Housing

SEPTEMBER 11, 2020

Prices paid for goods used in residential construction continued their upward trend in August, increasing 0.9% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the fourth consecutive monthly increase since the index declined three months straight and brings the index back to its pre-pandemic level.

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Housing Wire

SEPTEMBER 15, 2020

Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 trillion. The dollar-volume record will be boosted by $2.4 trillion in refinancings, the highest level since 2003 and more than double the level seen in 2019, the mortgage giant said in a forecast on Tuesday. “We continue to believe that a low-rate environment will support refinance demand over the forecast horizon,” Fannie Mae said in the forecast.

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Lending Mortgages Loans Sales 545

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.

Agents

Realtor.com

SEPTEMBER 24, 2020

scanrail / Getty Images The coronavirus pandemic has affected every facet of our lives—even, apparently, the colors we should paint our walls. As proof, look no further than the colors of the year for 2021. The time has arrived when paint companies start rolling out their top hues that embody the era’s zeitgeist. And, with 2020 being unlike anything we’ve experienced in our lives thus far, it’s no surprise that COVID-19 has had a palpable impact on which colors are predicted to

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Keeping Current Matters

SEPTEMBER 10, 2020

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right.

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Better Dwelling

SEPTEMBER 4, 2020

Canadian banks are starting to see mortgage payment deferrals expire, and households resume payments. Canada’s Big Six banks reported Q3 earnings last week, which ended on July 31, 2020. Mortgages on payment deferrals have dropped by nearly a fifth in the latest quarter. While that doesn’t tell us how many people actually needed the deferral, […].

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