Realty Biz
JANUARY 29, 2022
For most people, buying a home is the largest financial decision they’ll make in their lifetimes. It’s not a deal easily undone once the final papers are signed, so it makes sense to understand the ins and outs of mortgages before taking the leap into homeownership. Here are six mortgage mistakes to avoid (and what to do instead). 1. Draining Cash Reserves for a Down Payment.
Keeping Current Matters
FEBRUARY 2, 2022
Mortgage rates have increased significantly since the beginning of the year.
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RIS Media
JANUARY 30, 2022
Your reputation isn’t just built by word-of-mouth anymore—potential clients are often checking you out online before they even get in touch with you. They’ll look at your social media profiles, blog posts, listing, reviews, and other places where your name appears on the Internet to get a full sense of your online image. In fact, statistics show that 42% of consumers look someone up before they decide to do business with them.
Housing Wire
FEBRUARY 3, 2022
Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. On Wednesday, the bank announced that it will consider applications for residential mortgage or home equity line of credit (HELOC) on the portal EZApply only until Feb. 11. The Spanish bank said it will continue to service current loans and honor pending borrowers’ applications.
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Better Dwelling
FEBRUARY 1, 2022
Canadian real estate prices are some of the fastest growing in the world, and have been for some time. The US Federal Reserve (the Fed) updated its real home price index for Q3 2021. All G7 countries are seeing home price growth, but nowhere is quite like Canada. In Canada, real estate prices have grown […]. The post Canada’s Real Estate Bubble Has Grown Over 800% Faster Than US Home Prices appeared first on Better Dwelling.
Keeping Current Matters
JANUARY 31, 2022
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 3, 2022
This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.
Lighter Side of Real Estate
JANUARY 31, 2022
Game nights can be a great way to relax with friends and family, and have some fun and laughs. But they can also bring out the competitor in people. It’s all fun and games until someone is getting their butt whooped! If you love playing games, but love winning even more, you might want to think twice about challenging a real estate agent when it comes to some games.
Keeping Current Matters
FEBRUARY 1, 2022
Over the past two years, we’ve lived through one of the most stressful periods in recent history.
Sotheby's International Real Estate
FEBRUARY 3, 2022
Vancouver, British Columbia | Christa Frosch & Holly Calderwood, Sotheby’s International Realty Canada. Picture Iceland. Does it conjure images of azure fjords, steely volcanoes, aquamarine hot springs, rolling green hills, and crisp white glaciers? It’s an esteemed travel destination with enticing scenery—and with such a particular and recognizable color scheme, it’s no surprise that Iceland’s enchanting landscapes also inspire home decor. .
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Housing Wire
FEBRUARY 2, 2022
Mortgage applications increased 12% from the previous week due to a surprising uptick in demand for “refis” as borrowers try to secure a lower rate , according to the Mortgage Bankers Association (MBA) survey for the week ending Jan. 28. The seasonally adjusted Refinance Index rose 18.4% in the same period. Meanwhile, the Purchase Index increased 4%.
Eye on Housing
FEBRUARY 3, 2022
Most analyses of lumber price trends and levels fail to account for inflation because the price data for softwood lumber used in framing applications is generally quoted using the Random Lengths Framing Lumber Composite Price or lumber futures prices–neither of which is inflation-adjusted.
Better Dwelling
FEBRUARY 4, 2022
Canada’s oldest bank sees today’s real estate markets having a lot in common with the late 1980s bubble. In a research note to its financial markets customers, the Bank of Montreal (BMO) highlights the similar trajectory homes have made. A similar event that slowed home price growth during that period is approaching — higher interest […].
Sotheby's International Real Estate
JANUARY 29, 2022
From Manhattan to Houston, these four enviable homes are perched on their buildings’ highest floors, where they enjoy consummate privacy, vistas, and style along with amenities that go above and beyond. Sophistication and Sea Views. West Palm Beach, Florida | Christine Gibbons, Sotheby’s International Realty – Palm Beach Brokerage. Sleek modern style and unobstructed views of the ocean and Intracoastal Waterway are hallmarks of this rare three-bedroom penthouse high above famed Flagler Dri
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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
FEBRUARY 1, 2022
Home prices across the nation climbed 18.5% year-over-year in December, according to a monthly report published by CoreLogic. On a month-over-month basis, home price gains rose by 1.3% in December 2021 compared to November. Consumer desire for homeownership paired with a low supply of for-sale homes were the main contributors to a red-hot housing market in 2021.
HomeLight
FEBRUARY 4, 2022
The pandemic cast our homes in a whole new light and subsequently shifted which renovations increase home value. Our abodes are now places to relax and recharge one moment, work without commuting to the office the next, and “vacation” without leaving town when needed. Kitchens and baths still matter to buyers, but now a home office and outdoor entertainment rival these spaces in importance.
Brownstoner
JANUARY 31, 2022
Despite the pandemic -- and, actually, because of it -- real estate prices in Brooklyn continued their upward climb in 2021, fourth quarter market reports show. Analysts predict a strong sales market in 2022, barring any unexpected calamity such as a global financial crash. Brooklyn prices have been rising dramatically since… Read More > The post Brooklyn ‘Starter’ Homes Scarce as Real Estate Prices Hit New High in Borough appeared first on Brownstoner.
Eye on Housing
FEBRUARY 1, 2022
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in December after an increase of 0.7% in November 2021. Spending stood at a seasonally adjusted annual rate of $810.3 billion. Total private residential construction spending was 15.0% higher than a year ago. These monthly gains are attributed to the strong growth of spending.
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
FEBRUARY 3, 2022
The average 30-year-fixed rate mortgage remained flat for the third consecutive week at 3.55% for the week ending Feb. 3, reflecting the impacts of the Omicron variant in the economy, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.73%. The PMMS report is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
GeekEstate
FEBRUARY 3, 2022
[Editor’s Note: Geek Estate Offers are special offers members of the GEM ]. CREtech is THE place for news and events for the commercial real estate industry. In a few weeks (March 22nd-23rd), they are putting on the west coast version of their conference… in sunny San Diego. All of the major tech trends in office, industrial, retail and multifamily including CoWorking, Data, A.I., ConTech, tenant experience and more will be discussed by those leading the tech revolution in CRE.
Realty Biz
FEBRUARY 3, 2022
In the past few years, fixing and flipping homes in the United States has become a very profitable opportunity for investors. In fact, it does not matter whether you are a sound investor or someone that is just looking at this as a side hustle, fixing and flipping houses can help you with sizable incomes and growth margins. Just take a look at what the data has to say.
Maximum Exposure Real Estate
FEBRUARY 4, 2022
How To Compete With A Cash Real Estate Offer Do you want to know how to beat a cash offer on a house? Whenever real estate markets turn to favor sellers, the odds of being up against multiple offers for a home increases. The chance of a bidding war increases exponentially in a hot market. […]. The post Tips For Beating Cash Buyers on a Home appeared first on Massachusetts Real Estate Exposure.
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
FEBRUARY 4, 2022
This week’s HW+ member spotlight features Gary Scott, president at Allen Tate Realtors. With more than 30 years of experience in the real estate industry, Scott has held positions with multiple brokerage firms across the East Coast, which includes B. Gary Scott Realtors , Prudential Preferred Properties and most recently Long and Foster Real Estate , where he served as president of General Brokerage.
Brownstoner
JANUARY 31, 2022
Developed in the early twentieth century, a time when the apartment house was coming into its own, Eastern Parkway is a panorama of grand apartment buildings. This was something of an accident. The area was originally intended by the city of Brooklyn to become Prospect Park and then, when that… Read More > The post Living the Good Life on Eastern Parkway appeared first on Brownstoner.
Realtor.com
FEBRUARY 4, 2022
Getty Images You’ve saved since forever to buy your dream home. And now that you own the roof over your head, you certainly don’t want to risk losing it all in a lawsuit or to creditors. As scary—and impossible—as that sounds, it’s an all-too-real possibility. According to recent figures , Americans file about 40 million lawsuits every year.
Jason Fox
FEBRUARY 3, 2022
How to Write Neighborhood Pages That Attract Buyers. A popular neighborhood with a good reputation can be enough to entice people to search and buy property in the area, even if they are coming from outside of it. Creating neighborhood pages can help you capitalize on the popularity of a given area and bring more attention to any listings you have in that.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Housing Wire
FEBRUARY 3, 2022
Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. How could they resist? It was, after all, a once-in-a-lifetime opportunity for founders and private equity backers to cash in on historic origination volume.
GeekEstate
FEBRUARY 1, 2022
While the concept of electronic signatures and authorizations was around well before the COVID-19 pandemic, the last couple of years has certainly shined a new light on these kinds of digital transactions. Data shows that tenants with online rent payment options have remained more likely to pay rent on time and in full throughout the social distancing and stay-at-home orders of the pandemic, and the rental industry as a whole has adopted many other virtual practices to keep things running smooth
Maximum Exposure Real Estate
JANUARY 30, 2022
What to Know About Mortgages For Land Are you planning to buy a plot of land to build a new home? Are you investigating a land loan? If you need financing, you may find it more challenging to get a loan for land from traditional lenders. Land loans are a more specialized finance product available […]. The post Land Purchase Loans: What to Know About Getting a Lot Loan appeared first on Massachusetts Real Estate Exposure.
Realty Biz
FEBRUARY 4, 2022
South Florida has been making headlines recently for its impressive housing market growth. The most recent data from Zillow shows that out of the 100 largest US metros, the Miami/Fort Lauderdale area ranks #5 in year-over-year average rent price increase (+24.71%). They also rank #5 for YOY median sales price increase at +23.34%. Miami/Fort Lauderdale Dec. 2021 Dec. 2020 YOY Change Median Sale Price $495,000 $401,322 +23.34% Average Rent Price $2,513 $2,015 +24.71%.
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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