June, 2021

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FHFA Director Mark Calabria must go

Housing Wire

Mark Calabria, the director of the Federal Housing Finance Agency , must go. He is slowly but surely undermining the system he has been charged to oversee, imposing his ideological will on Fannie Mae and Freddie Mac in a way that will leave them weaker, and the housing finance system that depends on them increasingly unable to meet the critical housing needs of the nation.

Finance 545
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Home Buyers Want Energy Efficient Windows

Eye on Housing

Previous posts reported on home buyer preferences for kitchen and bath features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition. The same study also asked the panel of 3,247 recent and prospective home buyers to rate a dozen different window types and materials on the following four tier scale: The general window characteristic that home buyers value more.

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Why a Zillow Home Value Should Not Be Trusted

Maximum Exposure Real Estate

Zillow Home Values Explained Are you wondering whether Zillow house values are accurate? One of the questions real estate agents often get from consumers is, “how accurate are Zillow home value estimates.” Home buyers and home sellers need to understand right from the get-go that a Zillow home value is NOT accurate the vast majority […].

Agents 145
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Planning To Buy a Home This Summer? Here’s What You Need To Know

Lighter Side of Real Estate

Summer is always one of the most popular seasons for real estate. But if you’re planning on buying a home this summer, there are a few things you’ll want to keep in mind. A recent video from realtor.com outlined tips buyers need to know if they’re planning to buy a home this summer—one of the most competitive real estate seasons in recent history—including: There are fewer choices—and higher competition.

Closing 145
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Bank of Canada Is Quietly Updating Forecast Models To Include Debt and Real Estate

Better Dwelling

Remember that time the head of Canada’s central bank said the housing bubble was good for the economy? Soak it up, because that may be the last time it ever happens. The Bank of Canada (BoC) finished its technical report on the Terms-of-Trade Economic Model (ToTEM). The model, which is used by the BoC as […]. The post Bank of Canada Is Quietly Updating Forecast Models To Include Debt and Real Estate appeared first on Better Dwelling.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

It’s no secret that buying a home takes time and money. Well, it turns out, so does selling a home. According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one.

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Buyers Insist on Both a Shower & Tub in the Primary Bath

Eye on Housing

Last Thursday’s post reported on home buyer preferences for kitchen features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition. That study also asked the same panel of 3,247 recent and prospective home buyers to rate 18 bathroom features on the same four tier scale: Results show that bathrooms, especially the home’s primary bathroom, tend to be very.

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How to Prepare For a Home Inspection

Maximum Exposure Real Estate

Home Inspection Preparation How to prepare for a home inspection is a thought that more sellers should consider. Unfortunately, many do not. One of the things that are quite common in most Real Estate transactions is a home inspection paid for by the buyer and performed by a licensed professional home inspector. Buyers will have […]. The post How to Prepare For a Home Inspection appeared first on Massachusetts Real Estate Exposure.

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More Than Half of Homes Are Selling for Above Asking Price

Lighter Side of Real Estate

Low inventory and high demand are causing unprecedented competition for homes across the country. And that competition is sending prices upward—and, often, well past the asking price. According to data outlined in a recent article from REALTOR® Magazine , 51 percent of homes are selling above asking price. That’s up from 26 percent a year ago—and the highest percent of homes selling above asking price on record.

Marketing 145
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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New Book Dives Into Canadian Real Estate, Gangs, Laundering, and Corrupt Officials

Better Dwelling

The most important book on Canadian real estate you’ll read this year isn’t about demographics or interest rates. It’s investigative journalist Sam Cooper’s new book, Wilful Blindness: How A Network of Narcos, Tycoons and CCP Agents Infiltrated The West. The controversial best-seller outlines how business tycoons and China set out for a power grab 40 […].

Agents 145
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The Silent Agony of Selling a Home That Feels Like, Well, Home

Realtor.com

Christina Vercelletto I was pregnant with our second child when my husband and I started looking for our forever home. At the time, we were in a small apartment we’d long outgrown, and wanted all the suburban trappings of family life. We looked at 14 houses that sounded right for us, but in reality were not. Lucky No. 15, a ranch house with a huge yard on a short block overlooking Long Island’s Great South Bay, felt right from the get-go.

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Why we can’t build our way out of this hot housing market

Housing Wire

During the previous economic expansion from 2008 to 2019, the housing market was subject to the constant refrain of build more homes. Building more homes, it was said, would solve all sorts of social problems, from making homeownership more affordable to ending homelessness. Today we are perhaps less prone to believing that a glut of new homes is the panacea society is waiting for, but the siren call to build more homes continues to be broadcast by a host of housing pundits and social do-gooders

Marketing 545
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The Aging Housing Stock

Eye on Housing

The median age of owner-occupied homes is 39 years, according to the latest data from the 2019 American Community Survey. Compared to a median age of 31 years in 2005, the U.S. owner-occupied housing stock is aging gradually. The residential construction continues to fall behind in the number of new homes built especially after the Great Recession. This aging housing.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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13 Tips on How to Win a Bidding War When Buying a House

Maximum Exposure Real Estate

Best Tips for Coming Out on Top in a Bidding War How do you win when there are multiple offers on the home you love? Winning a bidding war on a house isn’t always easy. If you are planning to buy a home, you may find that out quickly. When making a home purchase now, […]. The post 13 Tips on How to Win a Bidding War When Buying a House appeared first on Massachusetts Real Estate Exposure.

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From Yoga to Barre | 5 Inspiring Spaces for All Your At-Home Workouts

Sotheby's International Real Estate

The past year has called for adaptation, and we’ve seen the ripple effects in how and where we do our fitness routines. The home gym or workout area is now just as ubiquitous as the home office, and for good reason. The ability to cater your workout space to your own fitness needs—whether your practice includes yoga, online bootcamps, or elliptical training—allows for a better work-life balance, leading to more flexibility in your day.

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Canadian Schools Will Start Teaching 14 Year Old Kids How To Apply For Mortgages

Better Dwelling

There is no better time to teach a child how to apply for a mortgage, than during a real estate bubble, amiright? The Government of Ontario released some details on the new Grade 9 curriculum. Education minister Stephen Lecce announced math classes will now include financial literacy to make it more relatable to youth. Of […]. The post Canadian Schools Will Start Teaching 14 Year Old Kids How To Apply For Mortgages appeared first on Better Dwelling.

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5 of the Most Searched Outdoor Decor Trends of Summer 2021

Realtor.com

Living Spaces Even with the outside world opening back up, many of us have found new comfort in staying at home. Backyard dinner parties, outdoor movie nights , drinks on the deck—you name it, there are so many summertime favorites that really don’t require going anywhere, especially if you have a great outdoor space. And if you don’t? Well, we’re here to help with that.

Design 138
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Should you buy a home in a super-hot housing market?

Housing Wire

The world has been dealing with a significant health crisis since the beginning of 2020. This has provided the American bear troll crowd numerous opportunities to pontificate about a likely long-lasting depression. If you bought into the theories being peddled by this crash-cult crowd (who, by the way, have been infecting the discourse of economics since the creation of social media and YouTube channels) then you would have believed that the second housing market bubble crash was imminent during

Marketing 545
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Count of Open Construction Jobs Near Two-Year High

Eye on Housing

The count of open construction jobs increased in April to 357,000 unfilled positions, according to data from the BLS Job Openings and Labor Turnover Survey (JOLTS). The housing market remains hot and requires additional labor, lots and lumber and building materials to add inventory. Overall, hiring in the construction sector slowed in April, declining to a 4.5% rate.

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Market Wisdom from Realogy Expansion Brands CMO Jennifer Marchetti

Realty Biz

As the business world works to recenter itself in the wake of this unprecedented COVID-19 crisis, innovative leadership will prove to be the most important competitive differentiator in the years to come. With this in mind, we reached out to Jennifer Marchetti , who is the Chief Marketing Officer for the Realogy Expansion Brands portfolio, including Better Homes and Gardens® Real Estate and ERA®.

Branding 135
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The Bold and the Beautiful: 5 Homes with Eye-Catching Interior Paint

Sotheby's International Real Estate

Choosing classic paint shades is an effortless way to create a reliably stylish ambience in a home, but these plucky residences turn the sophistication up a notch with vivid, often unexpected doses of color. Consummate San Francisco Style. San Francisco, California | Gael Bruno, Sotheby’s International Realty – San Francisco Brokerage. On the top floor of a stately Edwardian building in San Francisco’s fabled Ashbury Heights neighborhood, this charming remodeled two-bedroom condomini

Brokerage 134
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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Canada Now Dedicates More Investment Capital To Housing Than Business: BMO

Better Dwelling

Who needs businesses when your homes are making so much money? BMO chief economist Douglas Porter crunched residential investment data for Q1 2021. The bank found residential investment now represents a record share of Canada’s GDP. It’s now such a large share of GDP, more investment capital is going into housing than businesses. Canadian Housing […].

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Branch Out! How Trees Can Affect the Value of a Home

Realtor.com

Getty Images Any tree hugger worth her bark knows that trees help the environment by supplying oxygen, improving air quality, conserving water, stabilizing the soil, and providing a habitat for wildlife. And let’s not forget that they also provide shade and beautify our homes. But did you know that healthy, mature trees on your property can directly affect your property’s long-term value, too?

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UWM goes on the offensive with price-match guarantee

Housing Wire

United Wholesale Mortgage has been aggressively price-cutting loans to put pressure on competitors for months now. It appears they’ve just thrown gas on the fire in the hopes of boosting their second quarter numbers, while hitting their rivals ahead of earnings call season. UWM said on Monday that they’ll price-match any conventional loan on primary residences up to 35 basis points with that of 15 different competitors: Caliber Home Loans , Cardinal Financial , Citizens Bank , Financ

Loans 545
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Construction Begins at Future Amazon Warehouse on the Red Hook Waterfront

Brownstoner

Construction has started at the future Red Hook warehouse that will soon be home to an Amazon distribution center. Located at the former site of the Revere Sugar Factory at 280 Richards Street, on a pier sandwiched between IKEA and the former location of Fairway, it was long planned to be… Read More > The post Construction Begins at Future Amazon Warehouse on the Red Hook Waterfront appeared first on Brownstoner.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.