July, 2021

Susan Rice to co-chair HUD appraisal task force

Housing Wire

The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice.

A Look at Housing Supply and What It Means for Sellers

Keeping Current Matters

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you.

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Desire for Homeownership Continues to Increase

Eyes on Housing

Seventeen percent of American adults are considering the purchase of a home within a year, according to NAHB’s Housing Trends Report for the second quarter of 2021.

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MORE AMORIN INFLUENCE (MAI): The AI National Nominating Committee Design Is Being Attacked By FOJs

Miller Samuel

To all members of the Appraisal Institute: Before I start, I wanted to share what the Appraisal Institute's MAI designation is referred to by many of its members. I learned these two from an MAI instructor years ago (pre-merger) who told our class (as if to motivate us?)

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The Only Business Plan You'll Ever Need in Real Estate

Overthinking your business plan? The old and tired process of building a 12-month business plan simply doesn’t make sense for the modern real estate business. Learn how to build one that will help you keep on track, stay nimble, and close more deals in 2022.

Does it Make Sense to Refinance My Mortgage?

Realty Biz

If you are asking yourself, “should I refinance?” there are many things to consider. Homes are normally the largest expense people ever commit to and one that can have far-reaching consequences on their financial future.

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More Trending

The homebuyer journey is changing – So should you

Housing Wire

The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance.

The Truths Young Homebuyers Need To Hear

Keeping Current Matters

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more”. “1

Why Builder Lumber Prices Remain Higher than Headlines Suggest

Eyes on Housing

Lumber futures prices have decreased by 52 percent (on a front-month basis) over the past seven weeks as mill prices have fallen 48 percent over the same period.[1] 1] In contrast, prices paid by builders since late May have declined by a fraction of that impact.

Down payment assistance programs in every state for 2021

The Mortgage Report

Down payment assistance is widely available, but many who qualify don't even know about it. Find out if you qualify for home buying help. Buying a home

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What Agents Should Be Doing Every Day to Succeed With Leads

Top agents do this every day to succeed.do you? It’s all about the follow-up. Top agents shared their perfected processes, and we compiled it into a super easy visual to-do list for Real Estate lead follow up that wins. Get the list now!

What to Know About Closing on a Home

Point2Homes

Image: Friends Stock / Shutterstock.com. As you plan to purchase your first home, you might find that there are a few stressful aspects of the homebuying process that can make or break your purchase: One is when you first apply for a mortgage and another is when you close on a house.

How To Navigate The UK Property Investment Market In Q3

Realty Biz

As with the rest of the countries in the world, the United Kingdom’s property market is one of the main drivers of the economy. This, despite the slight dip in the country’s gross domestic product (GDP), contracting at 1.6% in the first quarter (Q1) of 2021, per Office for National Statistics. .

Cash buyers are scooping up homes like mad

Housing Wire

Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. As of July 14, nearly one-third of U.S.

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

Keeping Current Matters

With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. There are fewer homeowners in trouble this time.

The #1 Reason Why Sales Coaching is Critical to Your 2022 Sales Success

Speaker: Tim Hughes, Co-Founder and CEO of Digital Leadership Associates

Join Tim Hughes, Author of Social Selling – Influencing Buyers and Changemakers and Co-Founder/CEO of Digital Leadership Associates, as he details how investing in sales coaching will teach your team how to navigate social media and therefore create greater sales success.

Price of OSB Up More Than 500% Since January 2020

Eyes on Housing

Framing lumber prices garnered more attention than any other building material over the past year as prices quadrupled between April 2020 and May 2021.

7 Dog-Centric Home Renovations You Won’t Regret When It’s Time to Sell

Redfin

Whether you’re buying your first home or upgrading your current one, your dog deserves a home where it feels comfortable, loved, and cared for.

Getting Ready to Buy a Home? Ask Yourself These Questions First

Lighter Side of Real Estate

When you buy a home, you want to make sure you’re ready and prepared. And the best way to do that? Asking yourself the right questions. A recent video from realtor.com outlined key questions potential buyers should consider before purchasing a home, including: Will I qualify for a mortgage?

Who should buy a house in 2021, and who should wait?

The Mortgage Report

Should you buy a home right now? That depends on your budget, location, and financial plans. Learn about the pros and cons of buying a house right now. Buying a home

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How Sales Enablement is Supporting Social Selling in 2022

Speaker: Brynne Tillman CEO | LinkedIn Whisperer at Social Sales Link

In this 1-hour session, Brynne Tillman from Social Sales Link will teach you why Sales Enablement teams should own Social Selling

Home sales are beginning to stall as buyers hit their limit

Housing Wire

Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. The national median home-sale price hit a record high of $386,888, up 25% year over year, but a slight decline from the record of 26% in May.

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3 Charts That Show This Isn’t a Housing Bubble

Keeping Current Matters

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. The housing market isn’t driven by risky mortgage loans.

Housing Nearly 17% of GDP

Eyes on Housing

Thanks to a surge in residential investment during 2020, housing’s share of GDP remains elevated compared to recent years. Last year’s market conditions involved a renewed focus on the importance of home, an evolving geography of housing demand, and a lack of for-sale inventory.

How to Buy a House With Bad Credit: Mortgages With Low Credit Score

Maximum Exposure Real Estate

Getting a Mortgage to Buy a House With Bad Credit Can I buy a house with bad credit? Are bad credit home loans available? If you are asking these questions, you’re not alone. Many people who are interested in purchasing a house want to know the minimum credit score requirement.

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The Secret to Building Successful Digital Sales Programs in 2022 and Beyond

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

In this session Prof. Jordi Gili with the Geneva Business School will share key learnings from digital sales programs and will hint at the Key Performance Indicators that Digital Sales programs should aspire to in 2023.

Back to Normal

BubbleInfo

Random thoughts: Having 130 NSDCC homes in June sell for $100,000+ over list price should be an all-time record. If we had half that many, it would be astonishing! But those were decisions made in April and May.

How to Prepare Your Home for Drought

Redfin

If you live in an area where the risk for drought is high, you’ll want to start preparing your home – and yourself – for a drought. To help you get started, we’ve gathered information to help you assess your water needs and come up with a plan for conserving your water supply.

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For housing, look at bonds over MBS or federal debt

Housing Wire

This is the first time I am writing about mortgage backed securities (MBS) because I hardly ever consider this aspect of the housing ecosystem in my work. But since now even Federal Reserve members are discussing the pros and cons of MBS, this is a good time to give you my take.

4 Major Incentives To Sell This Summer

Keeping Current Matters

While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. Your House Will Likely Sell Quickly.

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