August, 2021

Homebuyers flock to Florida real estate

Housing Wire

The Sunshine State seems to be getting a lot more foot traffic these days, with the number of homebuyers moving to Miami tripling year-over-year, a new analysis found.

What Buyers and Sellers Need To Know About the Appraisal Gap

Keeping Current Matters

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals.

Insiders

Sign Up for our Newsletter

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

Annual Home Price Gains Hit Record High in June

Eyes on Housing

In June, national home prices continued to rise at a fast and unsustainable rate. Strong demand and low housing inventory have been driving home prices at double-digit growths for eleven months.

Wait! Read This Before You Sell Your House for Cash

HomeLight

On the surface, fast-cash companies in real estate may not have the most pristine reputation, but you’re not crazy to consider selling your house for cash.

iBuyer 113

Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Join Paul Moya, CEO of Millennial Labs and the Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World, as he shares insights and information about the importance of understanding a buyer and how their needs change with each generation.

What to Know About a 203k Rehab Loan

Realty Biz

203k FHA Loans Explained. Are you considering buying a home that needs work? When buying a fixer-upper, one of your primary considerations should be how you will finance the project. One of the better options is what’s known as an FHA 203k loan.

Loans 112

More Trending

Is the Fed creating a housing bubble by keeping rates low?

Housing Wire

Remember that pretty girl from your history class in college — the one who would blow hot and cold, so you never really knew what she was thinking? The U.S. housing market can be like that girl: you can get many mixed messages (especially about a housing bubble) unless you are paying attention.

Equity 421

With Rents on the Rise – Is Now the Time To Buy?

Keeping Current Matters

According to recent data from realtor.com , median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year.

Builder Confidence at 13-Month Low on Higher Material Costs, Home Prices

Eyes on Housing

Builder sentiment in the market for newly-built single-family homes fell five points to 75 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The index is at its lowest point since July 2020.

Mortgage and refinance rates today, August 28, and rate forecast for next week

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged lower yesterday. But the week’s rises and falls have canceled each other out. And Friday evening’s average rate was precisely the […]. Mortgage Rates Now

Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.

How to Avoid Real Estate Capital Gains Taxes

Realty Biz

If you have decided to sell a house or are in the process of selling it, you need to keep in mind that usually, there are taxes on real estate capital gains. Generally speaking, the higher the price you sell at, the bigger your tax bill from Uncle Sam.

Rent prices rise at highest level since 2005: CoreLogic

Inman

According to the latest CoreLogic report, rent for a typical single-family home increased by 7.5 percent year over year in June. Markets & Economy News Brief Property Portfolio Rentals corelogic Molly Boesel rent rent growth rent prices

Here’s where the oldest and youngest homeowners live

Housing Wire

Have you ever considered the median age of homeowners in your area? According to a study conducted by LendingTree, homeowners gravitate towards specific parts of the country depending on their age.

The Difference in Net Worth Between Homeowners and Renters Is Widening

Keeping Current Matters

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom , surveys Americans about their perspective on financial wellness and their goals.

Equity 223

New Single-Family Home Size is Rising

Eyes on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market is occurring.

26 Questions You Should Ask Before Hiring a Real Estate Agent

HomeLight

Updated August 31, 2021. Imagine this: You find an amazing salon, pick out a picture of the perfect haircut, and schedule an appointment with a stylist sight unseen. It’s a professional salon, so what can go wrong?

Agents 103

Will hemp homes solve the building material shortage?

Realty Biz

Sky rocketing prices for building materials have been a common complaint from home builders over the past year. The costs of lumber, steel and concrete have all soared, and now some are promoting the idea of hemp as a more affordable alternative.

Flueid awarded patent on title insurance decisioning platform

Inman

Flueid Decision is multi-tenant and agnostic, meaning "it's not owned or managed by any one underwriter, title agent, lender, servicer or service provider and is not focused on any one component of the real estate lifecycle." .

Title 161

Home sales beat estimates: no housing crash in sight

Housing Wire

The National Association of Realtors reported 5.99 million home sales for July, which was an excellent beat of estimates and a dagger into the hearts of the 2021 housing crash crew.

Sales 423

Key Questions To Ask Yourself Before Buying a Home

Keeping Current Matters

Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision.

Lot Values Surge at Record Breaking Pace

Eyes on Housing

Lot values for single-family detached homes started in 2020 surged 18%, according to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC) data. As a result, the median lot price reached a new record high of $53,000.

Why You Still Need an Agent to Buy a New House

HomeLight

Updated August 31, 2021. Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so.

3 Post-Pandemic Real Estate Trends That Are Here to Stay

Realty Biz

The real estate industry is one of the top industries that have been impacted by the pandemic. To make home buying and selling more accessible while adhering to CDC guidelines, realtors have sought new effective methods to show properties virtually.

UPDATE: 100 more presale tickets released for Inman Connect New York

Inman

Exclusive presale tickets for Inman Connect New York 2022 sold out quickly! Great news: We released 100 additional tickets for Inman Select members so that you have one last chance to attend ICNY for the best price.

This is not 2008 all over again for the housing market

Housing Wire

When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one. The previous economic expansion, from 2010-2019, wasn’t a housing bubble.

What Does Being in a Sellers’ Market Mean?

Keeping Current Matters

Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house?

Building Materials Prices Climbing at Record YTD Pace Despite Lumber Declines

Eyes on Housing

Prices paid for goods used in residential construction ex-energy rose 0.2% in July after climbing 3.0% in June (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e.,

Millennials Show Overwhelming Interest in 3D Printed Homes

RIS Media

What would you say if someone offered you the chance to live in a home that was not traditionally built, but printed?

Selling Your Home in Today’s Market? Don’t Believe These Myths

Lighter Side of Real Estate

Between low inventory and high buyer demand, there’s no denying that we’re in a seller’s market. But just because it’s a seller’s market doesn’t mean that every house is guaranteed to sell—although you wouldn’t know that based on what people are saying.

Rocket Homes hiring in-house agents, launching iBuyer program

Inman

Rocket Cos., the parent company of the nation's biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary.

iBuyer 160