June, 2021

Housing inventory is about to get better — here’s why

Housing Wire

With the July 4th weekend nearly upon us, it’s time to reflect all that we have been through in the past year and how, as a country, we have overcome so many daunting obstacles, including what we have been through in the housing market.

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Pre-Approval Makes All the Difference When Buying a Home

Keeping Current Matters

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important?

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Home Buyers Want Energy Efficient Windows

Eyes 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.

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Don't Miss the Unveiling of the 2021-22 Top Ten Issues Affecting Real Estate® 6-23

Miller Samuel

[click image for free registration]. I'm a Counselor of Real Estate (CRE) and wanted to share this. Join The Counselors of Real Estate on June 23 for the unveiling of the 2021-22 Top Ten Issues Affecting Real Estate ®.

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.

Habitat for Humanity is building a 3D-printed home in Arizona

Inman

In the midst of the race to solve an acute affordable housing crisis in Arizona, Habitat for Humanity is placing its bet on 3D printing. Design Industry News Technology 3D printed homes 3d printing affordability Arizona real estate

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More Trending

HUD unveils plan to increase Black homeownership

Housing Wire

Groups including the Department of Housing and Urban Development (HUD) unveiled a plan Friday to increase Black homeownership significantly over the next 9 years. The agency says it will create 3 million more Black homeowners by 2030.

What’s Motivating People To Move Right Now?

Keeping Current Matters

This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces.

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

Eyes 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.

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TV: Newsday Live: Hot Tips For a Hot Market: For Sellers

Miller Samuel

I had a fun conversation with Faith Jessie, journalist and anchor at Newsday, Maura McDermott, the real estate writer at Newsday, and Monica Balsan at Daniel Gale Sotheby's International Realty. My housing data came from our Elliman Report: Long Island Sales series I author for Douglas Elliman.

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.

RE/MAX becomes latest LGBTQ+ Real Estate Alliance partner

Inman

With the new partnership, RE/MAX agents will have access to LGBTQ-focused training about fair housing, diversity and inclusion. Industry News Select LGBTQ housing rights LGBTQ+ Real Estate Alliance Mike Reagan re/max Ryan Weyandt

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Tampa Real Estate Market & Investment Overview 2021

Norada Real Estate

The Tampa housing market is growing steadily, prices are still low and properties have a good chance for a strong appreciation in the coming years. Home is selling incredibly fast in the Tampa Bay housing market with hot homes getting multiple offers.

Real estate brokerages embrace long-term remote work

Housing Wire

The Broadmoor Hotel in Colorado Springs, Colorado. Brokerage executives are elated to see each other in person again. So long as it’s temporary. “It’s It’s a tremendous opportunity to reconnect with everyone,” said Susan Yannaccone , chief executive of Realogy’s franchise network since last November.

Don’t Wait To Sell Your House

Keeping Current Matters

We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so.

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Count of Open Construction Jobs Near Two-Year High

Eyes 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.

How Long it Takes to Close on a House

Realty Biz

What Is The Time Frame For Closing on a Home? One of the more popular questions asked from buyers and sellers is how long it will take to close on a house. When buying or selling a home, you feel relieved once the process closes and you have the home keys handed over to you.

WATCH: Opendoor’s Eric Wu and Brad Inman talk digital transformation — and Bill Murray

Inman

Opendoor’s Eric Wu and Brad Inman talk digitization in real estate and when real transformation will come. Take a sneak peek right here.

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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.

Ginnie Mae unveils 40-year mortgage term for issuers

Housing Wire

Ginnie Mae is set to introduce a new 40-year mortgage term for its issuers on the heels of administrative shake ups at the top of the housing industry.

Home Price Appreciation Is as Simple as Supply and Demand

Keeping Current Matters

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item.

The Aging Housing Stock

Eyes 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.

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.

7 marketing tools that’ll help you strategize business growth with ease

Inman

Quality marketing drives business growth, but creating it can be overwhelming for busy real estate agents, especially amid a summer selling season that never ended. Here are a few tools that have helped me drive growth in my real estate business.

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.

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. .

5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand , a multi-offer scenario is the new normal.

Real Estate Market Values Surge in the First Quarter

Eyes on Housing

The latest results from the Federal Reserve’s Z.1

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.

Amid housing shortage, investors double down on prefab startups

Inman

Construction startups have raised $1.5 billion since the start of this year as builders rush to address the shortage, according to Crunchbase. Design Markets & Economy Crunchbase housing shortage investors modular homes prefab prefabrication Prescient Veev

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.”

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