Sat.Oct 02, 2021 - Fri.Oct 08, 2021

When will mortgage rates get over 4%?

Housing Wire

In several previous articles I have opined that an increase in mortgage rates may be our only hope for slowing the escalation of home prices that we’ve been experiencing for the past year.

Share of New Homes with Decks Drops Below 20 Percent

Eyes on Housing

Of the roughly 990,000 single-family homes started in 2020, only 19.3 percent included decks, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD).

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The Main Key To Understanding the Rise in Mortgage Rates

Keeping Current Matters

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%.

Fannie, Freddie loan limits set for record 50-year leap in 2022

Inman

Lenders are betting that home prices kept skyrocketing during the third quarter, and that they'll be able to sell the bigger loans to Fannie and Freddie once the conforming loan limit officially goes up on Jan.

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Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Join Paul Moya, CEO of Millennial Labs and the Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World, as he shares insights and information about the importance of understanding a buyer and how their needs change with each generation.

Study: 24% of sellers received four or more offers in 2021

Housing Wire

Nearly one quarter of U.S. home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. The rise in the number of homes that received multiple offers is reflected in the increased frequency of bidding wars in 2021.

More Trending

111,285 Reasons You Should Buy a Home This Year

Keeping Current Matters

The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.

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The 6 Best Methods for Finding a Rent-to-Own Home

HomeLight

Updated October 4, 2021. The typical home buying process goes something like this: You save up your cash , get preapproved for a mortgage , and put an offer on a house that fits your budget. The offer is accepted; then, you sign the loan, grab the keys, and move in.

Mortgage rates back down below 3%

Housing Wire

The average 30-year-fixed mortgage rate slipped back down to 2.99% for the week ending Oct. 7, according to Freddie Mac ’s latest PMMS survey. The week before , rates had made it above the 3% mark for the first time since June.

Job Gains Slow Sharply in September

Eyes on Housing

Job gains slowed for the second straight month amid the resurgence of COVID-19 cases. Total payroll employment rose by 194,000 in September and the unemployment rate dropped to 4.8%. For the coming months, job gains are expected to accelerate as COVID-19 cases began to subside.

Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.

What Do Supply and Demand Tell Us About Today’s Housing Market?

Keeping Current Matters

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall.

7 ways to wow past clients and build lifelong relationships

Inman

Here are seven memorable ways to deepen your relationships with past clients, create raving fans and generate more referrals.

San Diego surpasses LA in home unaffordability

Housing Wire

It is no surprise that four Californian metropolitan areas led the way in unaffordability in September. Interestingly, San Diego actually surpassed Los Angeles in unaffordability, according to a new report from OJO Labs.

State-Level GDP in the Second Quarter of 2021

Eyes on Housing

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2021 compared to the first quarter of 2021. According to the U.S. Bureau of Economic Analysis (BEA), the percent change increase in real GDP ranged from 9.7 percent in Nevada to 1.8

New mortgage proposed for low-income, first-time homebuyers

The Mortgage Report

A new bill in Congress aims to provide a hugely valuable boost to low-income first-time homebuyers. Find out if you might benefit.

Now’s the time to invest in small-town commercial real estate. Here’s why

Inman

Although any property investment presents a mix of risks, drawbacks and rewards, there are many small towns that offer great real estate investment opportunities far and above what the big city can present.

Fannie Mae changes homeowner education requirements

Housing Wire

Fannie Mae announced Wednesday that, starting in 2022, it will allow third-parties to fulfill the homeownership education requirement on some affordable mortgages.

Pros and Cons of Coming Soon Real Estate Marketing

Maximum Exposure Real Estate

Over the past year, a few of my clients have asked me what is coming soon real estate marketing and how it works. If you have paid much attention to the real estate market lately, you have probably noticed “Coming Soon” on the occasional yard sign or certain Zillow listings.

Auto Loans and Mortgages for Younger Households

Eyes on Housing

Homeownership continues to be a primary driver of household wealth, according to the 2019 Survey of Consumer Finances (SCF). Though homeownership rates increase with age, young households, those under the age of 35, experienced the largest gains for homeownership in 2019.

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Zillow, Warburg and 4 takeaways from Coldwell Banker’s Gen Blue

Inman

The pandemic, a big acquisition and the specter of Zillow were all significant parts of Coldwell Banker's latest gathering.

Realtors still get most of their leads from Facebook

Housing Wire

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors.

MLS 360

What Do Property Encroachments Mean?

Realty Biz

Have you heard about encroachments in real estate and wondered what exactly that meant? You might think that you’ve found your perfect home, but a dispute with your neighbors can ruin the dream. Neighbor problems can occur for many reasons, but one source of problems can be encroachments.

Beauty of Fall Decor

American Lifestyle

The post Beauty of Fall Decor appeared first on American Lifestyle Magazine. Autumn Decor Interior Design Autumn Decor Decorate Decoration Fall Home Help Home Tips Leaves

Why listing feedback is a terrible idea

Inman

Listing feedback doesn't matter, it's a bad idea, and you should stop giving it, says Jay Thompson. Here’s why he believes it’s a bad move for your clients, the buyer’s agent and your career. Agent Columns Opinion Select Service Teams feedback jay thompson listing feedback teresa boardman

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Still many refi opportunities out there, new report claims

Housing Wire

There is still ample opportunity in the market for lenders to rope in refi business, according to a quarterly report published Monday by Sales Boomerang. And the reason for this is two-fold.

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SOPHISTICATED PORTLAND IN LAIR HILL

The Living Room

SOPHISTICATED PORTLAND IN LAIR HILL. 124 SW Meade Street, Portland, OR 97201. Offered at $722,000. 3 BEDROOM | 2 BATH | 2,904 SQ FT. MLS #21083774 | TAXES: $7,921. Step into this elegant Victorian home with modern amenities and upgrades throughout.

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4 Home Staging Tips for Fall 2021

RIS Media

It’s that time of year again. Pumpkin spice everything is on the menu, and the holiday season is on the horizon. For agents, it’s also time for you to get some end-of-the-year contracts signed as demand persists and the market frenzy and competition cools down a bit.

Real estate icon Barbara Corcoran goes viral on TikTok

Inman

Over the weekend, Barbara Corcoran posted a video on TikTok that gives users a snippet of her success story. It now has millions of views. Luxury Luxury Lens Social Media Technology barbara corcoran The Corcoran Group TikTok

Mortgage applications fall 6.9% with reduced refi appetite

Housing Wire

Mortgage application volume dropped 6.9% for the week ending Oct. 1, as higher rates reduced borrowers’ waning appetites for refis even further , according to the Mortgage Bankers Association (MBA). On an unadjusted basis, the index fell 7% in the period.

Carve with Care: 5 Tips for Carving Pumpkins

American Lifestyle

The post Carve with Care: 5 Tips for Carving Pumpkins appeared first on American Lifestyle Magazine. 12-Direct Crafts & DIY Projects General Halloween 12-Direct September Craft Crafts Fall Holiday Jack-O'-Lantern Pumpkin Pumpkin Carving September Tips

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