Housing Wire
NOVEMBER 29, 2021
Today, pending home sales came in as a big beat of estimates — up 7.5% in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. Like I have often said, professional grifters have plagued the housing sector for many years and shouldn’t be looked to as fundamental economic sources of information.
Keeping Current Matters
NOVEMBER 29, 2021
As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation , growing equity , low inventory , and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter.
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Eye on Housing
NOVEMBER 24, 2021
Contracts for new, single-family home sales were flat at a 745,000 seasonally adjusted annual rate in October according to estimates from the joint release of the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. However, the flat reading was due to a significant downward revision for the September pace (revised from an 800,00 rate to.
Better Dwelling
NOVEMBER 26, 2021
Canadian housing is far outpacing the growth of its economy, shows government stats. That’s what 2020 home assessment values show, provided to us by Statistics Canada (Stat Can). Home prices added billions in value last year, as you might have guessed. What you may not know is Canadian homes have added so much value it’s […]. The post Canadian Residential Real Estate Now Worth Over $6.1 Trillion, More Than 3x GDP appeared first on Better Dwelling.
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Sotheby's International Real Estate
NOVEMBER 18, 2021
Barcelona, Spain | Barcelona & Costa Brava Sotheby’s International Realty. Looking to manifest a little more joy at home? Just add a pop of color. While a neutral palette and soft hues continue to lead the way in contemporary design, maximalist desires are proving to be in demand once again, and that includes the use of bright and bold shades. Whether fully committing to transforming a room with an unexpected tone, or opting to incorporate accents for a little panache, the spaces in these f
Lighter Side of Real Estate
NOVEMBER 11, 2021
If you’ve never purchased a home before, it can be hard to know what the process will be like. But chances are, you have some ideas about what to expect—but in this real estate market, you may need to reevaluate some of those expectations. A recent article from realtor.com outlined common ideas first-time buyers have about the homebuying process that, in this market, are unrealistic at best (and delusional at worst), including: You can find a mortgage after you find your house.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
NOVEMBER 18, 2021
Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year. Real estate is very similar.
Realtor.com
NOVEMBER 29, 2021
Realtor.com / Getty Images After more than a year of staggering increases in home prices, the party appears to be coming to an end. The growth in prices, which rose more than 30% this year in some of the nation’s hottest real estate markets, appears to have peaked nationally. Home prices are still increasing, but substantially less than they were just a few months ago.
Better Dwelling
NOVEMBER 10, 2021
It’s widely known that Canadian real estate affordability is getting worse, but it’s hard to picture. The latest affordability report from National Bank of Canada (NBC) can help with that. They crunched the numbers on how long it takes to save for the minimum down payment on a non-condo home. As of Q3 2021, it […]. The post It Now Takes Up To 36 Years To Save A Down Payment For Canadian Real Estate: NBC appeared first on Better Dwelling.
Sotheby's International Real Estate
NOVEMBER 2, 2021
The unmistakable style of prolific architect William Pereira—whose cutting-edge creations included such landmarks as the Transamerica Pyramid in San Francisco—helped define the 20th century’s design aesthetic. This iconic midcentury residence, designed by Pereira and painstakingly restored, exhibits many of his trademark elements and his forward-thinking style.
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Coldwell Banker
NOVEMBER 23, 2021
Serious buyers aren't putting their plans on hold during the holidays, so why postpone your plans? The post Benefits of Listing Your Home During the Holidays appeared first on Coldwell Banker Blue Matter.
Housing Wire
NOVEMBER 1, 2021
With mortgage rates falling during the COVID-19 crisis, many households were able to refinance to lower payments. Because a mortgage payment is almost always the most prominent payment households make each month, lower payments have allowed homeowners who bought homes to have better cash flow over the last few years. This means mortgage holders who have refinanced their homes to lower payments while their wages have also grown look great on paper.
Easy Agent Pro
NOVEMBER 5, 2021
The folks at EAP like to keep you updated on the social media scene and, a lot has happened since our last update. Social media tends to evolve slowly over time, but recently the evolution has quickened. It’s important for agents to understand that just because a certain platform may be popular, it may not be popular among your target audience. What good does it do you to advertise or even participate on a platform where the chances of consistently generating leads on it are dinky?
Realtor.com
NOVEMBER 19, 2021
Photos via Instagram by fireclaytile / stiltje.se / kitchen_posts_daily The months of what seem like nonstop cooking and hosting are upon us. That means your kitchen will not only be the center of major food prep but also the spot where guests will want to chat and hang out with you—even if you’re covered in flour, or worse. So what better time than the present to remake your kitchen into something more functional, and far more fabulous?
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Better Dwelling
NOVEMBER 30, 2021
Canadian real estate prices are rising, but investors are quietly pulling back. In fact, they’re withdrawing their capital at one of the fastest rates in history. Statistics Canada (Stat Can) data shows residential investment dropped sharply in Q3 2021. This is the component of GDP that covers real estate’s most direct economic output. The GDP […].
Sotheby's International Real Estate
NOVEMBER 6, 2021
From Manhattan to Pebble Beach, these distinctive foyers welcome visitors and introduce them to their homes’ unique character and style. Chic Cooperative. New York, New York | Louise C. Beit, Sotheby’s International Realty – East Side Manhattan Brokerage. Once the home of Hollywood luminary Joan Fontaine, this elegant four-bedroom residence enjoys an enviable location in a coveted 1928 cooperative.
Coldwell Banker
NOVEMBER 23, 2021
Make them feel welcome by treating them the way you’d want to be treated in someone else’s home. The post Easy Ways to Prepare for Overnight Guests appeared first on Coldwell Banker Blue Matter.
Housing Wire
NOVEMBER 26, 2021
Life comes at you fast. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this? In this type of economic environment is it even possible for mortgage rates to get to 4% and can the Federal Reserve really hike rates in an aggressive fashion?
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.
Realty Biz
NOVEMBER 3, 2021
If you find you need a source of extra income, the equity you have in your home could be the solution. A second mortgage will release some of the money you’ve put into your home when you need it the most, but there are some negatives to consider. There are some common mortgage questions to ask prior to obtaining a mortgage. We’ll review the five things you need to know about second mortgages before you decide to apply to a lender.
Realtor.com
NOVEMBER 23, 2021
Realtor.com / Getty Images Everyone by now has heard of the “Great Resignation.” Workers all over the country—whether burned out, fed up, or just experiencing serious post-pandemic wanderlust—have decided now’s the time to finally call it quits. However, there’s another transformative workforce trend also emerging, one that may have an even bigger long-term impact.
Better Dwelling
NOVEMBER 1, 2021
Only make $40,000 per year in income, but want to buy some pricey Vancouver real estate? Maybe these folks can tell you how they did it. The situation came up in passing with our interview with investigative journalist Sam Cooper, author of Wilful Blindness, which landed us in the middle of a censorship controversy last […]. The post Canadian Banks Moved $167 Million From Dodgy Sources, And Even Issued Mortgages appeared first on Better Dwelling.
Sotheby's International Real Estate
NOVEMBER 13, 2021
Whether in California’s wine country or on the rolling plains outside historic Santa Fe, these welcoming guesthouses allow visiting family and friends to unwind in seclusion and style. Houston Hacienda. Houston, Texas | Ann Singleton, Martha Turner Sotheby’s International Realty . Beneath mature shady trees on 1.29 acres in the coveted Broadacres area of Houston, this Spanish-style hacienda is filled with elegant Old World character, from cypress ceiling beams to vintage terra cotta tile.
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.
Eye on Housing
NOVEMBER 4, 2021
An earlier post revealed that 66% of buyers who were actively engaged in the process of finding a home in the third quarter of 2021 have spent 3+ months searching for a home without success. For only the third time in this series history, the top reason these long-time searchers haven’t pulled the trigger is not because they can’t find.
Housing Wire
NOVEMBER 30, 2021
The Federal Housing Finance Agency (FHFA) today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. The federal government will now back mortgage loans of nearly $1 million, with the new ceiling loan limit for one-unit properties in most high-cost areas now $970,800 — or 150% of $647,200. Special statutory provisions establish different loan limit calculations for Alaska, Hawaii, Guam, and the U.S.
Realty Biz
NOVEMBER 2, 2021
Pending home sales, a key measure of signed contracts to buy existing homes, unexpectedly dropped by 2.3% in September compared to a month ago. The National Association of Realtors said sales may have dropped due to higher mortgage rates. Analysts were expecting a small monthly gain in pending home sales. The average 30-year fixed-rate mortgage fell below 3% in July and stayed at that level until the first week of September, before rising to end the month at 3.15%, Mortgage News Daily reported.
Brownstoner
NOVEMBER 12, 2021
If visitors strolling through the Children's Corner of Prospect Park detect the lingering scent of cedar wafting through the air and follow their nose, the pungent source can be traced not to trees, but bright new shingles adorning the roof of Lefferts Historic House. There were still a few pallets of… Read More > The post Up on the Roof of the Historic Lefferts House in Prospect Park as It Gets a New Old Look appeared first on Brownstoner.
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Better Dwelling
NOVEMBER 22, 2021
Canada has long been thought to be a welcoming hub for immigrants but not when it comes to housing or wages. Statistics Canada (Stat Can) released its Housing Experiences survey this morning. The study looks at how Canadians of various demographics felt about housing in 2018. Most are happy but it appears to be older […]. The post Canada’s Recent Immigrants Are Unhappy With Housing After Real Estate Prices Soar appeared first on Better Dwelling.
Sotheby's International Real Estate
NOVEMBER 25, 2021
Whether hosting a quiet, casual weeknight meal or a formal fête for a crowd, the dining room is an essential space in the inviting modern home. From Central Park West to Santa Barbara, these dining rooms encourage everyone to gather at the table in style. Ocean View Villa. Santa Barbara, California | Maureen McDermut, Sotheby’s International Realty – Montecito – Coast Village Road Brokerage.
Eye on Housing
NOVEMBER 9, 2021
The prices of goods used in residential construction ex-energy climbed 0.8% in October (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The increase comes on the heels of two consecutive monthly declines largely driven by steep declines in lumber and plywood prices. The price index of services inputs to residential construction.
Housing Wire
NOVEMBER 5, 2021
J.P. Morgan , through its private label conduit , J.P. Morgan Mortgage Trust , so far this year has sponsored 13 private-label securitization offerings backed by jumbo loans valued at $13.8 billion. Those offerings, current through the end of October, involved more than 14,000 jumbo mortgages, according to bond-rating agency presale reports. The data show that J.P.
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.
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