January, 2021

3 Must-Do’s When Selling Your House This Year

Keeping Current Matters

It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind.

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

The Mortgage 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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8 Major Home Design Trends That’ll Be Big in 2021, According to Redfin and Hunker

Redfin

This article is a collaboration between Redfin and Hunker . With a new-found love for our homes this past year, it’s likely you’ve racked up a laundry list of ways that you’d love to revamp your space. And what better time to refresh and upgrade your home than the New Year?

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Zillow: Expect another record year for home sales

Housing Wire

Zillow’s 2021 housing forecast echoes the projections of other industry experts of a rapid acceleration of home value appreciation, with numbers anticipated to be even higher than in 2020.

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The FIRE Take on Wall St Bets, GameStop, and Meme Stonks

Afford Anything

The investor community is split into two factions: FIRE vs. YOLO. The YOLO crowd includes the people who read Reddit’s r/WallStreetBets, who chase speculative trades, who place margin trades on Robinhood. They share stock tips on Discord and bet on whatever appears in their chat feed.

Home Trends to Watch for in 2021

RIS Media

As 2020 caught us spending more time at home, homeowners began rethinking how they would use their homes in the new year. Some homeowners may even end up listing their current home to take advantage of the booming market and low inventory, in hopes of finding a home that will meet their new needs.

More Trending

It’s Finally 2021, Make Your Home Feel New Again

Coldwell Banker

Tips to Create a Functional Space for Your Evolving Stay-At-Home Needs. The post It’s Finally 2021, Make Your Home Feel New Again appeared first on Coldwell Banker Blue Matter. Home Decor covid Covid-19 home decor home gym Stay at Home Work from Home

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Led by Lumber, Building Materials Prices Climb 5.4% in 2020

Eye on Housing

Prices paid for goods used in residential construction ex-energy rose 0.7% in December (not seasonally adjusted) and ended the year 5.4% higher than they stood in December 2019, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics.

Home prices surge to six-year high in November

Housing Wire

Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., as prices in November rose 9.5% nationally over the same time last year, according to the S&P CoreLogic Case-Shiller index.

20 Best Cities To Invest In Real Estate In 2021

Norada Real Estate

Real estate remains an appealing asset class for investors because of the opportunity to earn recurrent income from rentals. If the market dynamics are optimal, your monthly rental income can fully offset the expenses associated with servicing your mortgage.

How to Maintain a Healthy Credit Score

RIS Media

Getting a Healthy Credit Score and Keeping It. Do you have strong desires to own your first house? Maintaining a good credit score is important, especially when you are young and have many years of borrowing ahead of you. If you are under 30, try not to over-borrow.

Why Right Now May Be the Time to Sell Your House

Keeping Current Matters

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.

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What is PMI: How to Get Rid of Private Mortgage Insurance

Maximum Exposure Real Estate

How to End Paying Private Mortgage Insurance What is PMI? Great question, right? Many people, especially first time home buyers, hear the term PMI and have no idea what it means. You will see the definition of PMI in a moment and, more importantly, how to terminate it.

Coldwell Banker Around the World: January 2021

Coldwell Banker

For our inaugural Coldwell Banker Around the World blog post, we are heading to the sunny climate of Cascais, Portugal.

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COVID couldn’t stop the U.S. housing market in 2020

Housing Wire

Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6%

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.

Women in Real Estate

RIS Media

Understanding the Hurdles, Seizing the Opportunities. This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here.

What Does 2021 Have in Store for Home Values?

Keeping Current Matters

According to the latest CoreLogic Home Price Insights Report , nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates.

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COVID-19 Continues to Impact Home Purchasing Plans

Eye on Housing

According to NAHB’s latest Housing Trends Report (HTR), the share of Americans who are considering the purchase of a home in the next 12 months was 15% in the fourth quarter of 2020, four percentage points higher than a year earlier and the largest year-over-year gain in the 3+year history of this series.

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Tips for Real Estate Investment from Women Who are Putting Their Own Advice into Action

Coldwell Banker

Women have been outpacing men in single homeownership since 1980, according to annual buyer profiles compiled by the National Association of REALTORS®.

Potential impacts of Biden’s $15,000 tax credit

Housing Wire

The housing industry is keeping a close eye on the Biden administration’s proposal of a first-time homebuyer tax credit of $15,000. If passed, the funds — which would help cover a down payment — could be accessed immediately by the buyer at the closing table.

What I learned as a first-time home buyer of an old house

Zolo

Tips to help you buy and fix up that old house on a budget. The post What I learned as a first-time home buyer of an old house appeared first on Zolo. Home Buying buying an older home fixer upper

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4 Mistakes Homebuyers Make in a Hot Real Estate Market

RIS Media

Some buyers are very green when it comes to purchasing real estate. As their agent, you are there to help them make the right decisions so that they stand a fighting chance in a highly competitive housing market.

Is This the Year to Sell My House?

Keeping Current Matters

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction.

Buying a Foreclosed Home: How to Buy a Foreclosure

Maximum Exposure Real Estate

Tips For Buying a Foreclosure Over the years working as a real estate agent, many buyers have asked me about buying a foreclosed home. They essentially are asking how to buy a foreclosure. The appeal is that they’ve heard foreclosures are the bargain of the century.

A Time for Reflection

Coldwell Banker

A statement from M. Ryan Gorman, President and CEO, on the events at the U.S. Capitol and looking forward. The post A Time for Reflection appeared first on Coldwell Banker Blue Matter. General Real Estate News

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Prepare for the rise in mortgage rates

Housing Wire

As the calendar flipped to 2021, it didn’t take long for the rise in mortgage rates. Just two weeks into the new year, Freddie Mac reported that mortgage rates climbed 14 basis points to 2.79% , a dramatic contrast to 2020, a year in which mortgage rates set record lows 16 times.

Why are mortgage rates going up? Biden, vaccines, and interest rates

The Mortgage Report

Mortgage rates moved up last week, and it looks like they'll keep rising in 2021. But how high will rates go? Should you try to lock in now? Mortgage News Mortgage Rates

Must-Haves Every Real Estate Agent Needs for Their Home Office

RIS Media

With everything going on, you may be ready to get serious about creating your own home office if you didn’t have one before. If you’re looking for ways to improve your workspace, check out some of these tips below. Get an Idea of Your Workspace.

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What’s the Difference between an Appraisal and a Home Inspection?

Keeping Current Matters

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy.