Housing Wire

DECEMBER 20, 2021

Most of the time, the economy is like a slow-moving ocean liner that changes direction gradually and without much effort. But when a new, powerful variable presents itself, like the worldwide COVID-19 pandemic, the economy can change on a dime. COVID was a veritable iceberg for our ocean liner economy, but the ship did not go down! Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortga

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Eye on Housing

DECEMBER 14, 2021

Over the first ten months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 948,321. On a year-over-year (YoY) basis, this is a 17.3% increase over the October 2020 level of 808,301. Year-to-date ending in October, single-family permits increased in all four regions. Southern region reported the strongest increase of 19.1%, followed by Northeast (+18.5%), West.

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Better Dwelling

DECEMBER 30, 2021

The Canadian real estate boom has produced a gold rush, and now everyone is trying to sell you a home. It’s a country-wide phenomenon, as people see a low barrier of entry and large commissions. However, nowhere has taken to the trend like Toronto, which now has more Realtors than teachers. A lot more. Not […]. The post The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes appeared first on Better Dwelling.

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Realtor.com

DECEMBER 6, 2021

Realtor.com The highest-grossing film of all time inspired the sellers of a Florida estate to create a lighted paradise in their backyard. Villa Florentyna, which takes its cues from the director James Cameron’s “Avatar,” sits on 5 acres on Pondwood Rd in Boca Raton, FL. The name of the home is based on the word for “blooming” in Latin, and this property is in full flower.

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Maximum Exposure Real Estate

DECEMBER 1, 2021

Real Estate Home Inspection Negotiations Are you wondering how to negotiate after a home inspection? A home is never truly bought or sold until the money has exchanged hands. You may have received an offer on your house and be reasonably sure that you have a buyer, but there are several other steps you must […]. The post How To Negotiate After A Home Inspection appeared first on Massachusetts Real Estate Exposure.

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Sotheby's International Real Estate

DECEMBER 25, 2021

These five homes feature eye-catching fireplaces—from a commanding tower of stacked stone to a sleekly streamlined contemporary fixture—that contribute both warmth and style. Impeccable Style in Pacific Heights. San Francisco, California | Tania Toubba, Sotheby’s International Realty – San Francisco Brokerage. Sophisticated and inviting, this timeless four-level residence on one of the most desirable blocks in Pacific Heights has been impeccably updated while maintaining respect for its ar

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Realty Biz

DECEMBER 1, 2021

Social media marketing has become an integral part of digital marketing since Facebook exploded in the early 2000s. These days, nearly every notable company has not only a social media presence, but a strategy to help them grow even more. Realtors are no different. More and more real estate agents are incorporating social media into their marketing strategies – and quite successfully.

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Better Dwelling

DECEMBER 13, 2021

Canadian real estate is unaffordable, but you don’t appreciate how bad the reality is until you look at its G7 peers. The latest house price-to-income ratio data from the OECD shows all G7 countries are seeing affordability decline. However, Canada has consistently seen home prices outgrow incomes. Since 2005, no other G7 country has seen […].

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Realtor.com

DECEMBER 20, 2021

Getty Images Most would-be homebuyers start their journey by gathering a down payment. This money is crucial to snagging a mortgage and getting that much closer to homeownership. But when you’re shelling out for hefty rent each month, paying for utilities, and chipping away at a stack of bills on top of that, it can seem impossible to save up for a down payment on a house.

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Maximum Exposure Real Estate

DECEMBER 1, 2021

Buying Houses at Auction One of the questions home buyers often ask is how do real estate auctions work? The question is often asked because they want to know how to buy a house at auction. Buying a home at auction offers an exciting alternative to the traditional route – one that can be perfect […]. The post How to Buy a House at Auction appeared first on Massachusetts Real Estate Exposure.

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Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Sotheby's International Real Estate

DECEMBER 21, 2021

In the early 20th century, the stunning coastal cliffs that edge the further northwest reaches of Los Angeles reminded its denizens of New York’s Hudson River Palisades—so much so that they named the region after its famous East Coast cousin. Today this area—still widely revered for its impressive heights and breathtaking outlooks on the majestic Pacific—is known as a thriving exclusive enclave whose homes hug the tops of the bluffs and rocky cliffs that afford them their enviable vistas.

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Housing Wire

DECEMBER 1, 2021

A federal judge ordered Ronald McCord, the founder of Oklahoma City-based lender and servicer First Mortgage Company , who was also once the president of the Mortgage Bankers Association (MBA), to pay $51.8 million in restitution for mortgage fraud. United States District Judge Robin Cauthron ordered McCord also serve 8.5 years in prison — the maximum the federal government said it would seek — as well as three years of supervised release.

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Lighter Side of Real Estate

DECEMBER 15, 2021

Landing yourself a listing appointment is hard enough, but then you still have to nail your presentation in order to walk out of it with a signed listing agreement in hand. It’s not an opportunity you want to squander. Unless you’re a seasoned veteran or have a super polished presentation, it’s super common to worry about how it’ll go…. Will I forget to go over something important?

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Better Dwelling

DECEMBER 3, 2021

US real estate prices are looking frothy, according to central bank researchers. The US Federal Reserve (the Fed) recently updated its exuberance index for Q2 2021. The little-known index exists to identify housing bubbles early, to minimize damage. For the first time since 2007, that indicator is now warning that US real estate prices are […].

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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

Brownstoner

DECEMBER 8, 2021

Browsing Greenlight Bookstore on Flatbush Avenue in Prospect Lefferts Gardens not far from Prospect Park, you may happen upon a remarkable journal of memoir, oral history and photography by and about locals and the neighborhood, “Voices of Lefferts.” The community writing, photography and history project documents the “life of the… Read More > The post Making History: A Community Writing Project Brings Together a Brooklyn Neighborhood appeared first on Brownstoner.

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Realtor.com

DECEMBER 8, 2021

HGTV On “Call the Closer,” real estate agent Lauren Risley knows that the trick to loving a home you buy often boils down to renovating it to your tastes. And on the latest episode, she focuses on one area of the home that nearly all buyers hope is top-notch: the master suite. In the Season 1 episode “The First Timers,” Risley meets Dan and Nicole , parents of two who buy a gorgeous St.

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Sotheby's International Real Estate

DECEMBER 18, 2021

Why go out for a nightcap when a custom-stocked private bar is steps away? From an Upper West Side townhouse to a San Francisco high-rise, these bars will inspire staying home and sipping in style. Mediterranean-Inspired Houston Hideaway. Houston, Texas | David Atkins & Jason Lee Villarreal, Martha Turner Sotheby’s International Realty . Tucked amid stately trees, this 9,922-square-foot Mediterranean-inspired home is a harmonious, satisfying retreat in Houston’s bucolic Tanglewood.

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Housing Wire

DECEMBER 29, 2021

A bullish housing market. What a year 2021 has been. We started the year with many pundits saying that the U.S. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. However, not only did the U.S. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades.

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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

Lighter Side of Real Estate

DECEMBER 15, 2021

Landing yourself a listing appointment is hard enough, but then you still have to nail your presentation in order to walk out of it with a signed listing agreement in hand. It’s not an opportunity you want to squander. Unless you’re a seasoned veteran or have a super polished presentation, it’s super common to worry about how it’ll go…. Will I forget to go over something important?

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Better Dwelling

DECEMBER 6, 2021

Canadians are going all-in on housing, as it’s increasingly seen as a low-risk asset. As debt grows faster than the economy, the ratio of mortgage debt to gross domestic product (GDP) has been soaring. Canada has created so much moral hazard, home prices no longer fall during a recession. Instead, households are leveraging up and […]. The post Canadian Mortgage Debt Hits 71% of GDP, Growing 2x The Rate of The Economy appeared first on Better Dwelling.

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Mortgages 145

Fancy Pants Homes

DECEMBER 28, 2021

Bing Crosby’s midcentury modern home in Rancho Mirage, Calif. is back on the market Asking $4.5 million, the property has been listed for sale a few times before, with no takers The home is most famous for hosting illustrious guests, and rumored to be the place where JFK and Marilyn Monroe spent time together. The Palm Springs area was a crazy popular celeb destination in the 1950s and ’60s.

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Realtor.com

DECEMBER 20, 2021

Getty Images If you’re in the market to buy a home—or on the fence about whether to dive into the housing market right now—here’s what reports and interviews from economists and analysts predict will happen in 2022. Mortgage rates will rise. Right now, we’re still facing mortgage rates near historic lows—some 30-year rates are still near 3% and some 15-year rates near 2% —but pros do predict a rise.

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Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

Sotheby's International Real Estate

DECEMBER 20, 2021

Sotheby’s International Realty today announced that Steiger & Cie Sotheby’s International Realty has joined the network. The addition marks the brand’s continued growth in Europe and marks nearly 200 affiliated offices in the EMEIA region. The firm, led by Florian Steiger in partnership with Oliver Herweg and Nicholas Koch, will operate in Verbier, Crans-Montana, and Zermatt, Switzerland.

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Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. 2020 and 2021 easily each have over 6.2 million new and existing home sales combined.

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Lighter Side of Real Estate

DECEMBER 16, 2021

‘Tis the season to be jolly! And, what better way to be jolly than to joke around a little bit! Here are 14 of our favorite Christmas real estate memes we’ve created over the years to help you stay top of mind while entertaining your friends, family, and past clients. 1) Remembering to hide the elf is no joke! People may bite on the offer even if it’s for a couple of days until Christmas!

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Better Dwelling

DECEMBER 21, 2021

Canadians often complain mortgage interest isn’t tax deductible, like in the US. Some argue this is a trade off for the capital gains exemption Canadian homeowners have. However, one of the worst kept secrets in finance is mortgage interest can be turned into a deduction. One of those strategies is the Smith Maneuver, created by […]. The post The Smith Maneuver: The Loophole Canadian Real Estate Owners Use To Lower Taxes appeared first on Better Dwelling.

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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

Agents

Jason Fox

DECEMBER 22, 2021

How to Streamline Your Real Estate Social Media Content Creation. Looking to sell property, generate leads, or build trust in your community? Social media is crucial to getting your message out. Social networks are an important social and cultural institution of the modern world. Their rapid growth in popularity and usefulness since the early 2000s has made them part of our everyday experience.

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Realtor.com

DECEMBER 17, 2021

Photos via Instagram by hammertownbarn/ karlspringerltd / lesliebnew Your living room might just be your favorite space in the house right now. Maybe it’s filled with a giant tree heavy with ornaments and buoyed by the presents underneath. Or maybe your living room vibe is more Joanna Gaines , with a minimal holiday palette of whites and muted reds.

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Sotheby's International Real Estate

DECEMBER 23, 2021

Malibu, California | Shen Schulz, Sotheby’s International Realty – Malibu Brokerage. A home is meant for hosting, and whether curating an intimate party or planning a larger affair, having your own bar is a luxury that elevates the art of entertaining. And with bars as elegant as the ones found in these superb five residences, why go out when you could stay in and celebrate by sipping from the comfort of home?

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Housing Wire

DECEMBER 16, 2021

The average 30-year-fixed rate mortgage increased to 3.12% during the week ending Dec. 16, up from 3.10% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.67%. The 15-year-fixed-rate mortgage averaged 2.34% last week, declining from 2.38% the week prior. A year ago, at this time, it averaged 2.21%.

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Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.

Sales