November, 2020

Rising home prices take a toll on pending home sales

Housing Wire

pending home sales fell 1.1% in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2%

Sales 281

4 Reasons Why the Election Won’t Dampen the Housing Market

Keeping Current Matters

Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them.

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Top 7 Things You Need to Know Before House-hunting on Zillow

American Lifestyle

The post Top 7 Things You Need to Know Before House-hunting on Zillow appeared first on American Lifestyle Magazine. Buying & Selling Finance Finance Tips Financial Advice Home Advice Home Buying Home Loan Mortgage Real Estate Real Estate Agent Refinancing Seller Selling Zillow

Existing Home Sales Continue Upward Trend

Eye on Housing

Fueled by record-low mortgage rates and strong demand, existing home sales, as reported by the National Association of Realtors (NAR), rose for a fifth consecutive month in October and reached its highest level in almost 15 years.

Sales 114

Home Appraisal: What to Know About House Appraisals

Maximum Exposure Real Estate

Understanding Home Appraisals Are you interested in understanding what to expect from your home appraisal? Real estate appraisals are an integral part of purchasing and selling a property, particularly if the buyer is seeking funding from a lender.

How to Build a Home Gym Without Breaking the Bank

Coldwell Banker

With many gyms closed or operating at minimum capacity, a home gym has never sounded more appealing. Three out of five Americans are actually turning to home gyms for good, and over half of the population is looking for the best home-fitness options.

Banks 109

More Trending

5 Tips for Homebuyers Who Want to Make a Competitive Offer

Keeping Current Matters

Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer.

7 Tips for Selling Your Home During the Holidays

Redfin

Believe it or not, the holiday season can be a great time to sell your home. It’s true that the housing market typically heats up during the spring. However, the holiday season is often overlooked as a prime time to sell, especially this year. .

Smaller Multifamily Buildings Gain Market Share in 2019

Eye on Housing

Data from the 2019 Census Bureau Survey of Construction (SOC) show a gain for the number of multifamily units built in smaller properties, reversing a trend that favored larger buildings over recent years.

Home Inspections: What to Know About a House Inspection

Maximum Exposure Real Estate

What Buyers and Sellers Need to Understand About a Home Inspection Are you going to be getting a home inspection? Home inspections are a vital part of the real estate transaction process, so it makes sense to learn as much as you can about them.

4 Ways to Revamp Your Long-Forgotten Garage

Coldwell Banker

Join us today in exploring 4 tried and tested methods you can use to show your long-forgotten garage some much-needed TLC, revamping your cluttered space into one fit for function. The post 4 Ways to Revamp Your Long-Forgotten Garage appeared first on Coldwell Banker Blue Matter.

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These markets are attracting the most out-of-state real estate investors

Housing Wire

The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival.

Your House May Be High on the Buyer Wish List This Holiday Season

Keeping Current Matters

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring.

3 Needle-Moving Strategies to Help You End 2020 On a High Note

RIS Media

Can you believe Quarter Four is just a few weeks away? As we enter these last few months of the year, it’s time to start thinking about ending 2020 on a high note and planning your luxury real estate marketing strategy for 2021.

Building Materials Prices Little Changed in October

Eye on Housing

Prices paid for goods used in residential construction climbed 0.2% in October (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy (i.e.

29 Home Staging Tips For 2021

Easy Agent Pro

Wanna hear something weird? According to buyers’ agents, “Staging the living room was found to be most important for buyers.” (NAR). Ready for more weirdness? Forty-two percent of buyers’ agents claim that the master bedroom is second in importance when it comes to staging.

The Home Identity Crisis: The Dining Room Office

Coldwell Banker

Storage Solutions to Make Your Dining Room Office Sparkle Through the Holidays. The post The Home Identity Crisis: The Dining Room Office appeared first on Coldwell Banker Blue Matter. Cleaning Tips Holiday & Seasonal Home Decor Covid-19 dining room holidays Home Organization

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Fannie Mae, Freddie Mac conforming loan limits increase for 2021

Housing Wire

The Federal Housing Finance Agency announced new conforming loan limits for Fannie Mae and Freddie Mac for 2021: $548,250. This is a 7.5% increase from 2020’s limit of $510,400 and marks the fifth consecutive year of increases from the FHFA.

Loans 286

Winter Will Bring a Flurry of Activity to the Housing Market

Keeping Current Matters

In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly.

8 Ways to Attract New Clients

RIS Media

For real estate professionals, building business usually means attracting new clients. With long hours and busy days, it can be difficult for agents to find the time and energy target prospects and market to them.

Land 102

Single-Family Starts: Best Pace Since Spring of 2007

Eye on Housing

Single-family starts experienced continued gains in October, according to data from the U.S. Department of Housing and Urban Development and the Census Bureau. Single-family construction is up 8.6% year-to-date, with notable gains in 2020 for the Midwest and other lower-density markets.

What Biden means for mortgage rates, housing policy, and real estate

The Mortgage Report

Learn what Biden's presidency means for mortgage rates, housing policy, real estate, and renters in the coming years. Mortgage News Mortgage Rates

The Art of Art Placement

Coldwell Banker

Things to think about before hanging art up in your home. The post The Art of Art Placement appeared first on Coldwell Banker Blue Matter. Home Decor Art design home decor

Design 108

The downside of the hot 2020 housing market: rapid home-price growth

Housing Wire

Demand for housing was strong in early 2020, before the COVID-19 crisis hit. Mandated shut-down measures and the fear of what COVID would do to our economy temporarily immobilized the housing market, evinced by nine weeks of declines in the weekly purchase applications data on a year-over-year basis.

Why Working from Home May Spark Your Next Move

Keeping Current Matters

If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive.

Buyers Can Now Access Flood Data on Realtor.com®

RIS Media

Last August, realtor.com® began displaying flood risk information on for-sale properties across the United States.

New Home Inventory at a Three and Half Year Low

Eye on Housing

After a surge in the pace of new home sales in July and August, the monthly growth rate of newly built single-family home slowed during the Fall.

New Data Reveals What Renters Want When It Comes to Leasing Heading Into 2021

App Folio

The pandemic has had a big impact on renters’ attitudes when it comes to what they expect from leasing and property management teams during their housing search. It has also rapidly sped up the property management industry’s shift towards digital technology. .

Let It Shine

Coldwell Banker

Here are a few ways to think creatively about indoor lighting to liven up your home during the long winter ahead. The post Let It Shine appeared first on Coldwell Banker Blue Matter. Home Decor Art home decor lighting

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Mortgage rates break record again, down to 2.72%

Housing Wire

The average U.S. mortgage rate for a 30-year fixed loan fell this week to 2.72%, Freddie Mac said in a report on Thursday – the lowest rate in the survey’s near 50-year history. This week’s rate broke the previous record set on Nov. 5 by 6 basis points.