April, 2021

Housing market inventory is starting to recover

Housing Wire

Housing starts jumped in March, recovering from a bleak February that included wild winter storms in the South, according to a recent report from the Census Bureau. Single-family housing starts rose 15.3% over the month to a pace of 1.24 million annualized units.

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

Keeping Current Matters

In a sellers’ market , some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner , or FSBO ) instead of working with a trusted real estate professional.

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SoftBank invests $500M in fintech startup Better.com

Inman

Better.com is set to receive $500 million from SoftBank's Vision Fund, according to a WSJ article on Thursday. This places better.com's valuation at $6 billion. Mortgage News Brief Select Technology better.com fintech startup funding rounds softbank SoftBank Vision Fund Vishal Garg

Laundry Room & Exterior Lighting Top Buyers’ Most Wanted List

Eye on Housing

The two most wanted features in a home are a laundry room and exterior lighting, according to NAHB’s latest study on consumer preferences – What Home Buyers Really Want (2021 Edition).

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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.

Questions to Ask When Renting a Room

Realty Biz

Considerations When Renting a Room in Someone’s House. Are you considering renting a room in someone’s house? You are not alone as sharing space in a home has become more popular. Owning a home can be expensive.

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Here it is: Biden’s first-time homebuyer tax credit legislation

Housing Wire

Consumers have been closely following President Joe Biden’s proposed first-time homebuyer tax credit , but the newest form of that proposal has several significant restrictions.

82,338 Great Reasons to Buy a Home Today

Keeping Current Matters

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years.

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Renting a Truck With U-Haul: What to Know

RIS Media

Are you considering renting a U-Haul truck for an upcoming move? Whether you need to move you and your family across the state, or you’ve just got some building materials for an up-and-coming product you need to move, you’re probably going to need to rent a truck.

Buyers Have Diverse Preferences for the Home’s Exterior Design

Eye on Housing

A new question introduced to the 2021 Edition of What Home Buyers Really Want* showed buyers pictures and descriptions of four exterior designs and asked for their preference.

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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.

What Are Real Estate Comparables

Realty Biz

Understanding Comps in Real Estate Sales. Do you know what are real estate comparables? How about “comps”? These are slang terms some folks use to talk about similar properties. Setting a price of a home can be confusing to figure out.

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Will mortgage rates go down in May 2021? Forecast and trends

The Mortgage Report

Mortgage rates are holding low but May 2021 could see big upward mortgage rate swings. Advice, predictions, and your next steps. Economic News Forecasts Mortgage News Mortgage Rates Mortgage Strategy Forecast Freddie Mac Housing Mortgage mortgage rates Real Estate

Who qualifies for the $25K first-time homebuyer grant

Housing Wire

If recently-introduced first-time homebuyer legislation were to be enacted as written, about 4.37 million people – roughly 10% of the nation’s renters – could be eligible for up to $25,000 in downpayment assistance.

Homeownership Is Full of Financial Benefits

Keeping Current Matters

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market.

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Sellers and Buyers Are Both Feeling More Optimistic In Today’s Market

Lighter Side of Real Estate

There’s no denying that the real estate market has had its ups and downs over the past year. But how are buyers and sellers feeling about the market today? In March, the Fannie Mae Home Purchase Sentiment Index (HPSI) was 81.7,

Buyers Are Split on Multigenerational Homes

Eye on Housing

A multigenerational home is desirable to some buyers, but not to all.

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Housing market is headed for a slowdown say Fannie, Freddie

Inman

The booming housing market could be slowing down — Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Markets & Economy Mortgage Select doug duncan fannie mae forcast freddie mac housing market mortgage originations Sam Khater

Biden’s first-time homebuyer tax credit heads to Congress

The Mortgage Report

Biden's proposed $15,000 home buyer tax credit is now in Congress, along with a $25,000 home buyer grant. Learn about what both programs would entail. First-Time Home Buyers Mortgage News

Scottsdale housing market: Not just for snowbirds anymore

Housing Wire

Historically, retirees have always put Scottsdale high on their list of destinations when looking to take advantage of lower home prices, larger lots, agreeable weather and low cost of living.

Patience Is the Key to Buying a Home This Year

Keeping Current Matters

The question many homebuyers are facing this year is , “Why is it so hard to find a house?” We’re in the ultimate sellers’ market , which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8

How to Get Rid of Junk in Your Home

Point2Homes

Image: Palabra / Shutterstock.com. According to the Environmental Protection Agency (EPA), the average American produces 4.4 pounds of waste each day. And, although most of this finds its way into the trash, some will remain in your home.

Conventional and FHA Mortgages Finance 90% of New Home Sales in Q1 2021

Eye on Housing

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed the largest share of new home sales since 2018. The share of sales backed by conventional loans in the Q1 2021 increased 2.8

WATCH: Back To Basics 101 — Don’t forget who you work for

Inman

Realtor, trainer and consultant with Doorbell Real Estate in Tennessee, Laura Fangman shares her top tip for reaching potential clients.

No foreclosures until 2022? CFPB seeks to extend foreclosure moratorium

The Mortgage Report

CFPB has proposed extending the foreclosure moratorium through Dec. 31, 2021. That would mean no COVID-related foreclosures until 2022. Learn more here. Mortgage News

Millions will enter housing market in 2021: Zillow

Housing Wire

In what will be known to future generations as the Great Reshuffling, a recent Zillow survey showed that more than 1 in 10 Americans reported moving in the past 12 months, either by choice or by circumstance.

4 Tips to Maximize the Sale of Your House

Keeping Current Matters

Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices.

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Top 10 Real Estate Marketing Trends of 2021

Realty Biz

April 2021: The experts’ predictions from the end of 2020 are slowly becoming this year’s trends. Like every industry, real estate must keep up with technological progress and the consumer demands that shape it.

Building Materials Prices Rise Across the Board in March

Eye on Housing

Prices paid for goods used in residential construction ex-energy rose 2.4% in March (not seasonally adjusted) and have increased 9.8% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e.,

Ben Carson joins board of directors of largest homebuilder in US

Inman

The largest homebuilder in America, D.R. Horton, announced it appointed former HUD Secretary Ben Carson to its board of directors. Industry News ben carson board of directors D.R. Horton hud U.S. Department of Housing and Urban Development

No foreclosures until 2022? CFPB seeks to extend foreclosure moratorium

The Mortgage Report

CFPB has proposed extending the foreclosure moratorium through Dec. 31, 2021. That would mean no COVID-related foreclosures until 2022. Learn more here. Mortgage News