Keeping Current Matters
OCTOBER 28, 2021
The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do. Remote Work Is Here To Stay.
Realty Biz
OCTOBER 28, 2021
Most people don’t want to be bothered with trying to sell a house during the holidays. For that very reason, you could do very well selling yours during this super slow part of the season. This is when there is the least number of competing sales in the market. Others don’t bother trying to sell their house during the holidays for many reasons. It could be because they are caught up in the festive and party atmosphere, have friends and family coming over, they don’t want potential buyers trudgin
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Eye on Housing
OCTOBER 25, 2021
After hitting a low of 10% in the first quarter of 2020, the share of adults planning a home purchase within a year rose for five consecutive quarters, peaking at 17% in the second quarter of 2021. The desire for homeownership cooled off in the third quarter, when the share slid back to 16%. Meanwhile, the share of prospective buyers.
Housing Wire
OCTOBER 26, 2021
Zillow CEO Rich Barton. Antonio Pellegrini was stunned. In May the real estate agent listed a two-bedroom home in Fountain Hills, Arizona, 30 miles north of Phoenix, for $342,000. After 25 days on the market, there were no takers for the 1,400-square-foot home and Pellegrini counseled his client about potentially lowering the listing price. Then Zillow came along.
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Keeping Current Matters
OCTOBER 26, 2021
There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks in the Fall. In the residential real estate market, trends generally follow a predictable and seasonal pattern.
Better Dwelling
OCTOBER 29, 2021
Canadian real estate is very overvalued, according to a massive credit rating agency. Moody’s Analytics released its Canadian real estate model this week. The firm’s model shows markets are overvalued by up to 91% across the country. As disastrous as that sounds, the firm isn’t expecting a big housing crash. The baseline model shows low […].
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 25, 2021
The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp , replies with a few trusted names. “There are probably three or four people that I work with,” Dunn said. “Anyone that’s a great communicator will get my attention.”.
Keeping Current Matters
OCTOBER 25, 2021
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home is one of the most important transactions in your lifetime, and it’s critical to keep your best interests in mind.
Better Dwelling
OCTOBER 27, 2021
Pour one out for Canada’s cheaper-than-cheap flood of easy credit, because it’s on its way out. Today the Bank of Canada (BoC) announced their quantitative ease (QE) program is coming to an end. The program, which floods markets with cheap debt, was used to drive inflation and home sales higher. Now that these issues have […]. The post The Bank of Canada Is Killing The Program That Helped Home Prices Soar appeared first on Better Dwelling.
Eye on Housing
OCTOBER 27, 2021
Thanks to a surge in residential investment during 2020, housing’s share of GDP remains elevated compared to recent years. Last year’s market conditions involved a renewed focus on the importance of home, an evolving geography of housing demand, and a lack of for-sale inventory. Housing has continued to expand in 2021, although as the rest of the economy recovers, the housing.
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Housing Wire
OCTOBER 29, 2021
The housing market continues to be hot in most of the country, but there are signs that the party may be coming to an end. To help better understand what the latest data means for the industry, HousingWire Lead Analyst Logan Mohtashami answered questions about what it all means. The Q&A was hosted in the HW+ Slack channel, which is exclusively available to members.
Keeping Current Matters
OCTOBER 29, 2021
Some Highlights. Applying for a mortgage is a big step towards homeownership , but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different.
Better Dwelling
OCTOBER 26, 2021
Canada is making a triumphant return to feudalism, where homeownership requires family wealth. A CIBC Capital Markets analysis shows 30% of first-time homebuyers received a down payment “gift.” Not a little help either, but it was the primary source of funds for the majority that received a gift. It’s now occurring at such a scale, […]. The post Nearly 30% of Canadian First-Time Home Buyers Received “Gifts” For A Down Payment appeared first on Better Dwelling.
Sotheby's International Real Estate
OCTOBER 26, 2021
As the majestic Sangre de Cristo Mountains of New Mexico unfurl toward the downtown Plaza of historic Santa Fe, tree-lined ridges and arroyos afford ideal spots for luxurious getaways perfectly positioned for serene privacy and spectacular views. This unique home high in these hills is a striking architectural foray, combining elements distinctive to the American Southwest with streamlined contemporary design.
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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.
Housing Wire
OCTOBER 28, 2021
The average 30-year-fixed mortgage rate continues to trend upwards, rising by five basis points to 3.14% for the week ending Oct. 28, according to Freddie Mac ’s latest PMMS survey. Rates have risen roughly 20 basis points over the past month, and market observers believe that rise will continue. Sam Khater, Freddie Mac’s chief economist, said in a statement that the yield on the 10-year Treasury has been increasing “due to the decline in new COVID cases, increasing consumer optimism, as well as
Keeping Current Matters
OCTOBER 27, 2021
The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see in the graph below, we’re well below where we’ve been for most of the past 10 years.
Better Dwelling
OCTOBER 25, 2021
It’s time to take off the training wheels for Canada’s economy, which is now looking overstimulated. That’s the take from BMO‘s Douglas Porter, who sees stimulus coming to an end as early as this week. The Bank of Canada (BoC) is increasingly looking out of touch with reality. BMO, amongst others, now sees no justification […]. The post The Bank of Canada Has No Justification To Continue Extreme Stimulus: BMO appeared first on Better Dwelling.
Sotheby's International Real Estate
OCTOBER 23, 2021
From a modern residence in San Francisco to a getaway on the banks of the Rio Grande, these homes feature stained-glass elements that transform light into vivid, glowing color, creating accents that are both visually striking and vibrant. Modern Mediterranean. San Francisco, California | Greg Fulford, Sotheby’s International Realty – San Francisco Brokerage.
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.
Housing Wire
OCTOBER 27, 2021
Mortgage applications increased 0.3% from last week, per the latest report from the Mortgage Bankers Association for the week ending Oct. 22, 2021. With two consecutive weeks of mortgage rates over 3%, refinances continued to retreat. The refinance share of mortgage activity decreased to 62.2% of total applications, down from 63.3% the week prior. The refinance index was down 2% from the week prior, a staggering 26% lower than it was the same week last year.
Realty Biz
OCTOBER 28, 2021
Homebuilding giant Lennar is building what will be the U.S.’s largest community of 3D-printed homes so far in Austin, Texas through a partnership with the startup ICON. The builder, one of the biggest in the U.S., said the high-tech construction method will help it to overcome some labor and materials shortages that have hampered the construction industry over the past 18 months. 3D-printed homes are not just faster to build, but also cost less to produce.
Better Dwelling
OCTOBER 28, 2021
Canadian bond yields are rallying, and that’s bad news for people looking for cheap mortgage debt. The Government of Canada (GoC) 5-Year bond yield surged higher on Wednesday. The yield on this bond influences 5-year fixed mortgage rates, but have yet to be priced in. The last time yields were at this level, mortgage rates […]. The post Canadian Mortgage Rates Were 20% Higher The Last Time Bond Yields Hit This Level appeared first on Better Dwelling.
Realtor.com
OCTOBER 28, 2021
Rental prices haven’t just recovered—they’ve surged to record levels in many parts of the country as the housing crunch continues. The post Rents Continue Surging: Where They’re Rising the Most appeared first on Real Estate News & Insights | realtor.com®.
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.
Housing Wire
OCTOBER 26, 2021
After four consecutive months of record growth, annual home price growth remained steady from July to August, according to the latest S&P CoreLogic Case-Shiller National Home Price Index report released Tuesday. The index showed a 19.8% annual gain for the year ending in August 2021, remaining the same as the previous month. This remains the highest annual rate of price growth since the index began in 1987.
The Mortgage Report
OCTOBER 26, 2021
Today’s mortgage and refinance rates Average mortgage rates caught a break yesterday as they held steady. But they remain at their highest level since April. Still, previous generations wouldn’t have […].
Better Dwelling
OCTOBER 24, 2021
Time for your cheat on this week’s most important stories. Canadian Real Estate The World Has Millions Of Vacant Homes, And 1.3 Million Are In Canada: OECD Millions of homes sit vacant across the world, and Canada is one of the worst offenders. OECD data shows 1.34 million vacant homes in Canada, the fifth highest […]. The post This Week’s Top Stories: Canada’s 1.3 Million Vacant Homes, and Investors Bought 25% of Real Estate In Ontario appeared first on Better Dwelling.
Realtor.com
OCTOBER 26, 2021
What happens to the most infamous murder homes where the vicious tragedies committed within attracted international fascination even decades later? The post Lizzie Borden, JonBenet Ramsey, Sharon Tate: What Happens to Infamous Murder Homes? appeared first on Real Estate News & Insights | realtor.com®.
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Housing Wire
OCTOBER 25, 2021
New York State is close to approving a controversial bill that expands the requirements of the state community reinvestment act (CRA) to non-depository lenders, following the lead of Massachusetts and Illinois. The CRA rule, enacted in 1977, mandates that banks help meet the credit needs of communities in which they take deposits, specifically in low- and moderate-income neighborhoods.
Sotheby's International Real Estate
OCTOBER 25, 2021
Singapore | Veniz Kwong, List Sotheby’s International Realty. How can a luxury home enter a new strata? With the integration of the latest smart technology. When working in unison, the best home automation systems are woven into the house’s design and framework to make life more effortless, more secure, and even more eco-friendly. These seven characteristics of a truly smart home provide security, efficiency, and a seamless experience. .
Realty Biz
OCTOBER 29, 2021
Spring represents a time of renewal, which is probably the reason why it’s famous for spring cleaning. Spring cleaning is not only limited to family but it’s the time when businesses also make it their mission to clean their offices and buildings to maintain hygiene. One of the most overlooked yet crucial aspects of commercial cleaning is cleaning coils in your commercial HVAC.
Point2Homes
OCTOBER 27, 2021
Image: Photographee.eu / Shutterstock.com. When you’re selling a home , you only have a few seconds to make an impression and convince buyers to look further. That’s why home staging is so important, especially in a market with tough competition. Home staging presents your home in its best possible light, and if done right, gives it an advantage over similar homes in the area.
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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