November, 2021

Pending home sales shock 2021 housing crash bears

Housing Wire

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.

Sales 419

Why Now Is a Great Time To Sell Your House

Keeping Current Matters

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.

Equity 236
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New Home Sales Flat in October After September Data Revision

Eyes on Housing

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.

Sales 170

Zillow Offers As A Proxy For 'Big Data' Shows The Lack Of Qualitative Analysis

Miller Samuel

Yes, big data usually infers 'quantitative' analysis, as in "relying on numbers." The Zestimate legacy of profound inaccuracy finally reached a devastating conclusion with the collapse of Zillow Offers this week and the loss of hundreds of millions in shareholder equity.

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.

Is it Possible to Buy a Contingent House?

Realty Biz

Is Buying a Contingent Home Possible? It can take a long time to find your perfect home, but just when you think your search is over, you might discover that it is listed as a contingent house. So can you still offer on a contingent home, or have you missed the chance to buy your perfect property?

More Trending

FHFA: Government to back mortgages up to $970,800 in 2022

Housing Wire

The Federal Housing Finance Agency (FHFA) today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%.

Home Sales About To Surge? We May See a Winter Like Never Before.

Keeping Current Matters

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.

Sales 236

Single-Family Home Size Continues to Trend Higher

Eyes on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market continues to occur.

This Just In: The 'A' in 'Zillow' Stands for 'Accuracy'

Miller Samuel

The news came quickly and brutally (especially if you were a ZG investor): @mortgage_yack #zillow #PINKHolidayRemix #realestate #utahrealestate ? original sound - Jack. I jumped on the bandwagon with this: This just in: The “A” in “Zillow” stands for “Accuracy.”

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!

Unexpected fall in pending home sales in September

Realty Biz

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.

Sales 111

Easy Ways to Prepare for Overnight Guests

Coldwell Banker

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. Entertaining Tips

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Single-family rents soar in tight housing market

Housing Wire

You could buy a top-of-the-line laptop and a new cell phone to match, or you could pay one month’s rent for a single-family home in Los Angeles. It’s not much better for prospective single-family renters across California, a study by HouseCanary found.

Why a Wave of Foreclosures Is Not on the Way

Keeping Current Matters

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few 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.

Single-Family Built-for-Rent: Best Quarter on Record

Eyes on Housing

The number of single-family built-for-rent (SFBFR) construction starts reached its highest quarterly volume on record during the third quarter of 2021.

Tips to Help You Be a Better (More Successful) First-Time Buyer in This Market

Lighter Side of Real Estate

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.

25 Smart Home Technology Devices You Need Right Now

Realty Biz

When I was younger, I watched Sci-fi movies with vivid enthusiasm, imagining floating cities, flying cars, teleporting, and AI robots that look almost human, but most importantly, sleek, intelligent homes that adapt to everything one needs.

Top 10 Features to Remodel Before Selling Your Home – See Expert Insights

HomeLight

As you prepare to list your home on the market you’re likely facing two of the most problematic questions home sellers ask — can I get more money for my house if I remodel? And if so, how do I decide what to remodel before selling?

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

Will Omicron variant stop first Fed rate hike?

Housing Wire

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?

Equity 418

Experts Project Mortgage Rates Will Continue To Rise in 2022

Keeping Current Matters

Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory.

Building Materials Prices Post Record Year-To-Date Increase through October

Eyes on Housing

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.

Elegant Holiday Presence

Coldwell Banker

Time to add sparkle and shine without waking up the neighborhood. The post Elegant Holiday Presence appeared first on Coldwell Banker Blue Matter. Holiday & Seasonal

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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.

Second Mortgage | 5 Important Facts to Know About

Realty Biz

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.

Equity 109

Things are changing on the social media front. What does it mean for agents?

Easy Agent Pro

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.

Waiting for a big drop in home prices? It could be a while

Housing Wire

With mortgage rates falling during the COVID-19 crisis, many households were able to refinance to lower payments.

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

Keeping Current Matters

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation.

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