Housing Wire
SEPTEMBER 30, 2021
The average 30-year-fixed mortgage rate rose 13 basis points to 3.01% for the week ending Sept. 30, according to Freddie Mac’s latest PMMS survey. Mortgage rates had been roughly flat for seven weeks, and this is the first time it rose above 3% since June. Sam Khater, Freddie Mac’s chief economist, said in a statement that rates rose across all loan types, in conjunction with the 10-year U.S.
Keeping Current Matters
SEPTEMBER 29, 2021
If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO). But the truth is, a real estate professional can save you time and money by managing every step of the process, from pricing your home to reviewing documents and handling negotiations.
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Eye on Housing
SEPTEMBER 29, 2021
The U.S. Census Bureau Survey of Construction’s (SOC) 2020 estimates of the shares of the number of bedrooms in new single-family homes showed a sharp upswing in the percentage of new homes started with 4 or more bedrooms, unlike in prior recent years. The most recent SOC data show the shares in the varying number of bedrooms in new homes.
Lighter Side of Real Estate
SEPTEMBER 30, 2021
Buying a home together is a major step for any couple. And while it’s an exciting step, it can also be a stressful one—particularly if there are things you and your partner just don’t agree on. But what, exactly, might you disagree on as you search for your dream home? A recent survey from LendingHome asked American couples about what they disagreed on while looking for a home—and a few key disagreements emerged, including: The price of the home (53 percent).
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Housing Wire
SEPTEMBER 29, 2021
Today’s pending home sales came in at a big beat of estimates, running at 8.1% for this report. More importantly, this data line looks just right. One of my main goals for sharing housing sales data in 2021 is to give people a sales trend range to work off this year to know if home sales are doing well. Last year we had an abnormal burst of housing demand that was just make-up demand from the COVID-19 pause in the second half of 2020.
Keeping Current Matters
SEPTEMBER 30, 2021
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in the form of equity.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
SEPTEMBER 29, 2021
It's a seller's market, but not everything you hear about buying a home today is true. We asked real estate agents to weigh in on some homebuying myths. The post 6 Things People Say About Buying a Home Today That Actually Aren’t True appeared first on Real Estate News & Insights | realtor.com®.
Housing Wire
SEPTEMBER 28, 2021
July marked the fourth consecutive month in which the growth rate of home prices set a record, according to the latest S&P CoreLogic Case-Shiller National Home Price Index Report released on Tuesday. The index showed a 19.7% annual gain for the year ending in July 2021, up from 18.7% a month prior. This is the highest annual rate of price growth since the index began in 1987 and the fourteenth consecutive month of accelerating prices.
Keeping Current Matters
SEPTEMBER 28, 2021
Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage rates versus price appreciation as you search for your dream home.
Better Dwelling
SEPTEMBER 30, 2021
High inflation might seem like a global phenomenon these days, but that appears to be a media bias. The August Consumer Price Index (CPI) for G7 countries shows not all have elevated levels of inflation. Canada and the US are showing significantly higher headline inflation than their peers. Initially it was sold as transitory, but […]. The post Canada And The United States Have The Highest Inflation In The G7 appeared first on Better Dwelling.
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Sotheby's International Real Estate
SEPTEMBER 25, 2021
In sought-after locations from Southampton to San Francisco, these irreplaceable homes afford the opportunity to own a personal piece of history. Serene Southampton Compound. Dawn Petrillo & Pat Petrillo, Sotheby’s International Realty – Southampton Brokerage. Dating to 1893 and conscientiously renovated in 2014, this estate is nestled an idyllic gated setting.
Housing Wire
OCTOBER 1, 2021
PennyMac announced this week that it is upping conforming loan limits by almost 14% through broker and correspondent channels. According to PennyMac, for a one-unit property a borrower could receive $625,000, an increase of almost $75,000 from the maximum loan limit dictated by the Federal Housing Finance Agency (FHFA). The 2021 baseline national conforming loan limit for a one-unit property is currently capped at $548,250, though this number is expected to increase sometime in November.
Keeping Current Matters
SEPTEMBER 27, 2021
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically negotiate and agree on a revised price somewhere in the middle.
Better Dwelling
OCTOBER 1, 2021
Global bond yields are rising and it’s going to push the cost of financing a mortgage a lot higher. The Government of Canada (GoC) 5-year bond yields pushed higher again yesterday. Earlier this week, we mentioned lenders are considering reversing recent mortgage rate cuts. Now we have our first to actually execute — TD. More […]. The post A Canadian Bank Hiked Its Mortgage Rates, and Others Are Expected To Follow Soon appeared first on Better Dwelling.
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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.
Sotheby's International Real Estate
SEPTEMBER 28, 2021
On the top floor of this striking modern four-bedroom home in San Francisco’s Cow Hollow neighborhood, walls, doors, and a ceiling of glass blur the lines between its stylish interiors and the iconic views of the city and the bay, which sweep past the Marin Headlands and the Palace of Fine Arts to the Golden Gate Bridge. The soigné living and entertaining spaces here—which include dining space with richly hued hardwood floors, an open gourmet kitchen, and a family room with a wood-burning firepl
Housing Wire
SEPTEMBER 29, 2021
LoanDepot CEO Anthony Hsieh. After an origination team departed loanDepot in April of this year, loanDepot slammed the seven ex-employees and their new employer, CrossCountry Mortgage , with a lawsuit alleging they “hatched and implemented a scheme to loot loanDepot’s business.”. The Orange County, California-based retail lender , led by CEO Anthony Hsieh, in a lawsuit filed in San Diego Superior Court in June, alleged that the seven employees — the Meredith-Rogers team¸— stole client lists and
Keeping Current Matters
OCTOBER 1, 2021
. Some Highlights. When deciding whether you should rent or buy , make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to take advantage of the perks of homeownership, talk to a trusted real estate professional to explore your options.
Better Dwelling
SEPTEMBER 28, 2021
Canadian bond yields are on the rise, and a big bank has forecast it will take mortgages along for the ride as well. The latest research note from BMO focuses on climbing longer term bond yields. The bank sees this as just the beginning, and sees modest growth for the next two years. They also […]. The post Canadians May Want To Prepare For Higher Mortgage Rates Soon: BMO appeared first on Better Dwelling.
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
SEPTEMBER 30, 2021
Whether you are a seller, buyer, or investor, the Comparative Market Analysis (CMA) is an essential real estate pricing tool to understand. The basic purpose is to determine the current value of the property that constantly varies based on local market activity. Many factors are taken into consideration with local market values having the greatest effect, but other influences do strongly impact the current value of a property.
Housing Wire
OCTOBER 1, 2021
Nestled between Utah Lake and the towering peaks of the Wasatch Mountain Range, it is hard to imagine that anything in the Provo-Orem metropolitan area could be anything other than serene. But for the past 12 months, the metro’s housing market has been in complete chaos. “It is hot, hot, hot here,” Clay Winder, a real estate agent for Keller Williams Westfield , said.
Maximum Exposure Real Estate
SEPTEMBER 28, 2021
What to Ask a Home Builder Are you wondering what questions to ask a home builder? The possibility of owning a brand new home has obvious appeal. Many new home buyers can get the home customized, making the property even more desirable. Additionally, with a new home, you don’t have to worry about all the […]. The post 21 Questions to Ask a Home Builder When Buying New Construction appeared first on Massachusetts Real Estate Exposure.
Better Dwelling
SEPTEMBER 27, 2021
Germany is one of the world’s biggest real estate bubbles, and it might pop in a spectacular way. Yesterday the majority of Berlin residents voted to nationalize 240,000 rental units. The move was driven by Deutsche Wohnen & Co. enteignen (DW enteignen), a housing activist group looking to cut large corporate landlords. The referendum isn’t […].
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.
Realty Biz
SEPTEMBER 29, 2021
To create an effective real estate newsletter, you must put your audiences’ needs and expectations first. So first, consider using a visually appealing template branded with your logo and corporate colors. Then, sit down with your creative writing team to define a content marketing strategy that will include texts and imagery. And always bring the marketing team on board to advise the writers about your marketing goals.
Housing Wire
SEPTEMBER 30, 2021
The Department of Veterans Affairs announced this week that it is extending the timeframe for borrowers to request loan deferment. According to the VA’s circular, servicers may continue offering loan deferment until July 1, 2023, thus pushing the deadline nearly two additional years. The original expiration of this option was supposed to occur on Oct. 1, 2021.
Sotheby's International Real Estate
SEPTEMBER 27, 2021
From a US$60M sale in New York to a CAD$58M sale in Canada, discover five sales represented by Sotheby’s International Realty. New York. New York, New York | Nikki Field, Sotheby’s International Realty – East Side Manhattan Brokerage, Sold for $60,000,000. Hong Kong. Hong Kong | Carman Szeto & Alan Wong, List Sotheby’s International Realty, Sold for $428,000,000 HKD.
Better Dwelling
SEPTEMBER 29, 2021
Canadians are fleeing for another province at one of the fastest clips in history. Statistics Canada (Stat Can) revealed its interprovincial migration estimates for Q2 2021. Crunching the numbers on net-flows, we can see which regions are losing the most Canadians. The last quarter saw the most people relocate to a new province since the […]. The post Canadians Are Changing Provinces At The Fastest Rate Since The 90s Real Estate Bubble appeared first on Better Dwelling.
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Realty Biz
SEPTEMBER 28, 2021
Content is king and content marketing has been exploding in the last decade. Companies are starting to see real value in marketing content (instead of products or services) to consumers. And the real estate industry is no different. The goal of content is to get your prospective buyers engaged and lead them to the next step in the buyer’s journey. So if you’re not taking full advantage of all that content marketing has to offer, you could be missing out on a lot of potential sales.
Housing Wire
SEPTEMBER 27, 2021
Servicers’ forbearance portfolio volume dropped last week to a level below 3.00% for the first time in 18 months. The total number of loans in forbearance decreased by four basis points to 2.96% as of Sept. 19, according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by four basis points to 6.91%, after a drop of 32 bps in the prior week.
Sotheby's International Real Estate
SEPTEMBER 28, 2021
Sotheby’s International Realty today announced the opening of Morocco Sotheby’s International Realty, signifying the brand’s first office in Northern Africa. The addition brings the brand’s total number of affiliated offices in the EMEIA region to nearly 200. Morocco Sotheby’s International Realty is owned and operated by David Chicard who brings 15 years of experience to the company.
Better Dwelling
SEPTEMBER 25, 2021
Canadians are about to see a flood of housing supply like they’ve never seen before. An RBC analysis found multi-year highs for various stages of new home construction in Q2 2021. New housing starts reached the highest level in over three decades. Homes completed are expected to hit a similar multi-decade high in the next […]. The post Canada Has Never Seen So Many Homes Under Construction At The Same Time appeared first on Better Dwelling.
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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