December, 2020

How record-low mortgage rates changed everything in 2020

Housing Wire

While the United States may not have been prepared to combat a deadly virus, a quick and robust response from the Federal Reserve , along with changing consumer preferences, created a perfect storm that resulted in a record year for the housing and mortgage industries.

Toronto and Vancouver See Mortgage Delinquencies Rise To Highest Level Since 2016

Better Dwelling

Canada’s mortgage delinquencies are flat, but that story is much more interesting by region. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies are flat in Q3 2020. It’s a little different looking at the biggest real estate markets though.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Home inspection checklist: What to expect on inspection day

The Mortgage Report

Sellers: learn what home inspectors look for so you can prepare for your home inspection. Buyers: learn how to interpret the home inspection report.

Why Selling Your House on Your Own in 2021 Is a Mistake

Keeping Current Matters

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process.

MLS 267

How the most productive agents set goals for the new year

Inman

From organization to social media, real estate agents share the best ways in which they prepare for the busy and unknown year ahead. Agent Sponsored business planning goal setting How the most productive agents set goals for the new year leah curtis re/max

Agents 170

The Best 37 Real Estate Memes of 2020

Lighter Side of Real Estate

There’s a lot of 2020 we all want to put behind us and forget. Being a real estate agent isn’t easy in a normal year, but being one during a pandemic? Well, that takes someone who can change and go with the flow in the blink of an eye. But one thing that didn’t change is the need to laugh.

More Trending

Living with Florida Manatees: Fun Facts About Our Beloved “Ocean Potatoes”

Waterfront Properties

Also known as an “ocean potato” or “sea cow”, the beloved Florida manatee is a gentle giant you’ll see calmly cruising throughout Jupiter Intracoastal waters.

114
114

Getting Ready For a Buyer’s Home Inspection is Smart

Realty Biz

How to Prepare For a Home Inspection. Even when you have a buyer and are happy with the offer they’ve made, your home isn’t sold yet. Before you can prepare for your move, you need to get ready for the home inspections.

The Do’s and Don’ts after Applying for a Mortgage

Keeping Current Matters

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close.

4 digital marketing tips guaranteed to boost productivity in 2021

Inman

Whether you’re just starting out or a seasoned Realtor looking to step up your game, these tips will help you create a successful digital marketing plan for the year ahead.

2021 Home Decor Trends That’ll Rid Your Home of That 2020 Vibe

Lighter Side of Real Estate

With the arrival of each new year, it’s fun to freshen up your home and make it look and feel contemporary. Especially as we usher out 2020—a year we’ve spent far too much time looking at the same interiors—you’re probably eager to create a different vibe with the help of some new decor.

Land 114

What to expect from the 2021 housing market

Housing Wire

Although I had pockets of joy in 2020, these moments were subsumed in a haze of stress, uncertainty and fear for our country. And, at times, I have found it difficult to keep these emotions from clouding my economic thinking.

Year-over-Year Gains for Home Purchases Continue

Eye on Housing

The Mortgage Bankers Association’s (MBA) latest Weekly Application Survey shows that, for the week ending December 11, 2020, mortgage application activity decreased by 1.1% from the prior week on a seasonally adjusted basis, as indicated by its Market Composite Index.

What is a Contingent House Listing?

Point2Homes

Image: Doubletree Studio / Shutterstock.com. When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer.

With Home Values Surging, Is it Still Affordable to Buy Right Now?

Keeping Current Matters

Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong.

Stuck with moving boxes? 10 ways to reduce, reuse and recycle

Inman

If you're a new agent, at some point, your clients will likely ask you about the best way to dispose of their moving boxes. Here are a few ways you can help them avoid sending cardboard to a landfill.

23 Of The Strangest Things Homebuyers Have Asked Sellers to Leave With the Property

Lighter Side of Real Estate

It’s not unusual for homebuyers to admire a seller’s belongings. Chances are they may share similar taste—they bought the same house, after all! But some go as far as to ask that certain items remain with the home as part of the deal.

114
114

Don’t expect home sales to slow down in 2021

Housing Wire

Real estate agents across the U.S. have been busy as a result of the pent-up demand from homebuyers due to COVID-19.

Sales 428

Home Inspections: Checklist of What to Know and Inspect

Realty Biz

Checklist When Getting a Home Inspection. Are you going to be purchasing your first home soon? When you are buying a home, the home inspection can be an exciting time.

Tips for Buying a Foreclosure Property

Point2Homes

Image: Andy Dean Photography / Shutterstock.com. If your ability to afford the mortgage payments on the home you want to buy is causing you concern, buying a foreclosure home may make a lot of sense.

Did You Outgrow Your Home in 2020?

Keeping Current Matters

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle.

Equity 224

‘What I’ve learned about mentoring in 30 years of real estate’

Inman

Mentorship, whether one-on-one or as part of a team, is a great way to ensure a new generation of luxury agents benefits from the wisdom of their established peers.

Agents 168

Should you waive a home inspection? Real estate experts say no

The Mortgage Report

Waiving a home inspection could make your offer more competitive. But experts say waiving a home inspection isn't a good idea. Here's why. Buying a home Real Estate

Existing home sales are still too hot

Housing Wire

In recent articles, I have written that although current sales data for the U.S. housing market has outperformed expectations, I expected these upward trends to moderate.

Sales 428

Pantone Color(s) Of The Year 2021: Ultimate Gray And Illuminating

Coldwell Banker

After a most unique year, it only makes sense that we would launch into 2021 with an unexpected color of the year choice. In fact, Pantone has gone with not one, but two, hues in its annual proclamation.

111
111

Condo vs. Townhouse: How Are They Different

Realty Biz

How Are Townhouses Different From Condos? One of the big choices you have to make when home buying is what type of property you want to live in. An increasingly popular choice for buyers is between condos and townhouses.

Why It Makes Sense to Sell Your House This Holiday Season

Keeping Current Matters

If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available for holiday buyers.

Sales 225

Beyond the headlines: What’s in store for 2021?

Inman

Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner gives his 2021 forecast. How will housing fare? Find out here.

Top Housing Experts Share Market Predictions During NAR Real Estate Forecast Summit

RIS Media

The National Association of REALTORS® (NAR) recently held its second annual Real Estate Forecast Summit, featuring several economists, including NAR Chief Economist and Senior Vice President of Research Lawrence Yun.

U.S. home prices hit 14-year high in October

Housing Wire

The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. census divisions, reported an 8.4% increase in October from a year ago, and a 7% increase from September. The National Index is now up 24.5% from its former high in July 2006.

Sales 427

How to Have an Amazing Socially Distant New Year’s Eve

Point2Homes

Image: phive / Shutterstock.com. At this point, we’re all more than ready to celebrate the end of the year. But in keeping with 2020’s theme, this New Year’s will be slightly different from normal. Instead of parties and galas and get-togethers, we’ll be spending New Year’s Eve at home.

Social Media Marketing to Millennials – Building Relationships

Realty Biz

Much of the older workforce continues struggling with social media marketing while the millennial generation insists businesses first build a relationship before trying to make a sale (or real estate purchase).

Knowledge Is Power on the Path to Homeownership

Keeping Current Matters

Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back.

3 digital marketing strategies you’ll need in 2021

Inman

Next year will be the year of eye-catching content. Here are a few ways to drive more eyeballs to your listings and get the exposure needed to elevate your business.