Sat.Dec 11, 2021 - Fri.Dec 17, 2021

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What Everyone Wants To Know: Will Home Prices Decline in 2022?

Keeping Current Matters

If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, home prices are not projected to decline. Here’s why. With buyers still outweighing sellers, home prices are forecast to continue climbing in 2022, just at a slower or more moderate pace.

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October Single-Family Permit Gains

Eye on Housing

Over the first ten months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 948,321. On a year-over-year (YoY) basis, this is a 17.3% increase over the October 2020 level of 808,301. Year-to-date ending in October, single-family permits increased in all four regions. Southern region reported the strongest increase of 19.1%, followed by Northeast (+18.5%), West.

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Every successful real estate pro has these 10 skills

The American Genius for Real Estate

(EDITORIAL) Not every real estate agent is amongst the pros just yet. Here are the 10 skills the most successful among us share. The post Every successful real estate pro has these 10 skills appeared first on The American Genius Real Estate.

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FHFA proposes capital planning rule for GSEs

Housing Wire

The Federal Housing Finance Agency (FHFA) on Thursday issued a proposed rule that would require Fannie Mae and Freddie Mac to develop, maintain, and submit annual capital plans to the regulator. “The proposed rule will help ensure that the Enterprises have robust systems and processes in place to monitor and maintain proper levels of capital, ” said Acting Director Sandra Thompson, who was nominated to be the permanent agency director on Wednesday.

Investor 499
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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2022 Housing Market Forecast [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home sales. Connect with a local real estate professional so you can make your best move in the new year.

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Canada Has The Biggest Gap Between Real Estate Prices and Incomes In The G7

Better Dwelling

Canadian real estate is unaffordable, but you don’t appreciate how bad the reality is until you look at its G7 peers. The latest house price-to-income ratio data from the OECD shows all G7 countries are seeing affordability decline. However, Canada has consistently seen home prices outgrow incomes. Since 2005, no other G7 country has seen […].

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Mortgage rates increase to 3.12% as Fed charts new course

Housing Wire

The average 30-year-fixed rate mortgage increased to 3.12% during the week ending Dec. 16, up from 3.10% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.67%. The 15-year-fixed-rate mortgage averaged 2.34% last week, declining from 2.38% the week prior. A year ago, at this time, it averaged 2.21%.

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If You Think the Housing Market Will Slow This Winter, Think Again.

Keeping Current Matters

From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs , Americans have more motivation than ever to buy a home. According to the experts, buyers are making moves right now, creating an unseasonably strong housing market for this time of year. As we wrap up the fall season and move into the winter months, here’s a look at what several industry leaders have to say about the continued momentum in the current market, and what it means as we head into the ea

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Young Canadians Won’t Have The Same Opportunity As Past Generations: OECD Forecast

Better Dwelling

Canada is projected to be the next Greece, and not because of the good stuff. The Organization for Economic Co-operation and Development (OECD) has forecast Canada’s economy will fall behind. The group sees Canada’s real gross domestic product (GDP) per capita growth falling to last place. An expert warns young Canadians won’t have the same […].

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14 of the Best Christmas Real Estate Memes

Lighter Side of Real Estate

‘Tis the season to be jolly! And, what better way to be jolly than to joke around a little bit! Here are 14 of our favorite Christmas real estate memes we’ve created over the years to help you stay top of mind while entertaining your friends, family, and past clients. 1) Remembering to hide the elf is no joke! People may bite on the offer even if it’s for a couple of days until Christmas!

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

The last two years have been a wild ride. We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. Let’s not forget the substantial fiscal and monetary policy that provided extraordinary levels of support for households, businesses, and markets here and abroad.

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Advice for First-Generation Homebuyers

Keeping Current Matters

The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community Lending for Bank of America , says : “Achieving this goal can create a sense of pride and accomplishment that resonates both for the buyer and those closest to them, including their parents a

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Canadian Real Estate Doesn’t Have A Supply Problem. It’s A Demand Issue: BMO

Better Dwelling

Canadian real estate demand has never been this elevated before. That demand is the primary issue driving home prices higher, according to BMO senior economist Robert Kavcic. Rejecting the supply shortage narrative, he argues inventory levels are robust. Excessively low interest rates are just incentivizing too much demand. It will eventually end, as soon as […].

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How Does a Title Search Work

Realty Biz

When you’re buying a home, you’ll need a title search so that you can get title insurance. Title searches can also reassure buyers, making sure there is a smaller chance of problems with the title later on. We will take a look at the things you need to know about a title search and how it works. Maximum Real Estate Exposure does an outstanding job covering what’s essential about a title search but you’ll also see the basics here as well.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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FHFA takes a swing at racial bias in appraisal

Housing Wire

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. In a blog post, Fannie Mae and Freddie Mac ’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA said indicate the “continued presence of valuation bias.”.

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Homebuyers Are Going on a Shopping Spree This Winter

Keeping Current Matters

Black Friday and Cyber Monday are over, which means some shoppers have wrapped up their holiday buying. But there’s still a group of buyers that are very active this holiday season – homebuyers. Experts anticipate the real estate market will see a flurry of activity this winter, and that’s great news for today’s sellers. If you’re planning on listing your home, there’s no need to wait until the spring for better conditions – today’s real estate market is already heating up.

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National Bank of Canada Calls 2022 “The Year of The Hike,” Sees Rates 6x Higher

Better Dwelling

One of Canada’s “Big Six” banks is declaring next year to be “The Year of The Hike.” National Bank of Canada (NBC) chief strategist (and poet-in-residence) Warren Lovely is calling the first interest rate hike in just a few months. He sees the Bank of Canada (BoC) making its hike in March, way ahead of […]. The post National Bank of Canada Calls 2022 “The Year of The Hike,” Sees Rates 6x Higher appeared first on Better Dwelling.

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Nail Your Listing Presentations by Making Them More “Meme”orable

Lighter Side of Real Estate

Landing yourself a listing appointment is hard enough, but then you still have to nail your presentation in order to walk out of it with a signed listing agreement in hand. It’s not an opportunity you want to squander. Unless you’re a seasoned veteran or have a super polished presentation, it’s super common to worry about how it’ll go…. Will I forget to go over something important?

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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How one real estate company is navigating the industry’s shift to B2B transactions

Housing Wire

Consumers have flipped the script on lenders and real estate agents when it comes to the home-buying process. Ninety percent of consumers start their home search online and many get prequalified for financing before they even reach out to a real estate agent. In this changing landscape, it has become increasingly more difficult to get to the consumer.

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6 Savvy Tips for Elevating Small Gatherings

Sotheby's International Real Estate

Beverly Hills, California | Joseph Cilic, Sotheby’s International Realty – Pacific Palisades Brokerage. Hosting the perfect gathering is an art form, and success often comes down to selecting the right food and beverages to serve, creating an unforgettable setting, and of course, curating the guestlist. While large-scale parties are certainly appealing for their grandeur and pomp, there’s an undeniable magic that only a small gathering can garner.

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Should Canada Crash Toronto Real Estate To Stop Moral Hazard From Spreading? Maybe

Better Dwelling

Canada’s dependence on real estate has homebuyers thinking they’re too-big-to-fail. It’s too dependent on housing to allow prices to crash, so people see it as risk free. Each time a disaster is avoided, the government reinforces the belief buyers can’t lose money. Not a lot of options, they can either support higher and higher home […].

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Nail Your Listing Presentations by Making Them More “Meme”orable

Lighter Side of Real Estate

Landing yourself a listing appointment is hard enough, but then you still have to nail your presentation in order to walk out of it with a signed listing agreement in hand. It’s not an opportunity you want to squander. Unless you’re a seasoned veteran or have a super polished presentation, it’s super common to worry about how it’ll go…. Will I forget to go over something important?

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Ledn raises $70M to grow Bitcoin-backed mortgage product

Housing Wire

Toronto-based cryptocurrency lending platform Ledn has raised $70 million in a Series B funding round to support the growth of its digital assets lending business, including a new Bitcoin-backed mortgage product. The round valued the company at $540 million and was led by 10T Holdings, the company announced on Wednesday. Other investors included Golden Tree Asset Management , Raptor Group , and FJ Labs.

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5 Chic Living Room Looks From Instagram To Keep Your Spirits Bright Beyond the Holidays

Realtor.com

Photos via Instagram by hammertownbarn/ karlspringerltd / lesliebnew Your living room might just be your favorite space in the house right now. Maybe it’s filled with a giant tree heavy with ornaments and buoyed by the presents underneath. Or maybe your living room vibe is more Joanna Gaines , with a minimal holiday palette of whites and muted reds.

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Inside a Harmonious Estate in Houston

Sotheby's International Real Estate

The classical mathematical ratio known as Golden Mean has been observed and studied since the days of ancient Greek mathematicians, and throughout history it has been applied to create harmonious, aesthetically pleasing, organically inspired art and buildings that are thoroughly and precisely in proportion. The influence of the Golden Ratio is undeniable in the architecture and design of this 9,922-square-foot Mediterranean-inspired home, tucked amid stately trees in Houston’s Tanglewood, one of

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5 Pros And 3 Cons Of Professional Property Management

Realty Biz

As a real estate owner, you enjoy certain perks, such as a steady passive income stream. But before getting to this point, you need to decide how to carry out the daily running of your property. The two options here are to self-manage and oversee everything from searching for tenants, handling tenant contracts, collecting rent, and overseeing repairs and maintenance.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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New SPAC raises $230M to target real estate or mortgage fintech

Housing Wire

Special purpose acquisition companies’ appetite for real estate and mortgage businesses apparently isn’t dead yet , despite recent problems involving Better.com that pushed a merger with Aurora Acquisitions Corp. to next year, if at all. Blank check company Southport Acquisition Corporation concluded on Tuesday a $230 million capital raising to pursue acquisitions mainly in mortgage and real estate verticals in the United States. .

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6 Home-Selling Hopes and Dreams That Can Easily Turn Delusional Today

Realtor.com

Realtor.com / Getty Images As a real estate agent in upstate New York, I can say with confidence that home sellers are in a great mood these days. And who can blame them? In this seller’s market where homes go fast and for top dollar, many sellers are excited to cash in and make a killing. In many cases, they’ll succeed—yet this wild exuberance can also go overboard.

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Soak in these 5 Homes with Relaxing Claw-Footed Tubs

Sotheby's International Real Estate

From Manhattan to San Francisco, these exceptional estates feature classic claw-footed tubs that transform baths into peaceful personal spas perfect for retreating for one warm, luxurious moment. Inspiring Pre-War Condominium. New York, New York | Stan Ponte & Randall Gianopulos, Sotheby’s International Realty – East Side Manhattan Brokerage.

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What to Look for When Buying Your First Home in 2022

Realty Biz

Purchasing your first home is not only a financial investment, it’s a highly emotional experience. It’s also a decision that’s all too often fraught with FUD. That is, fear, uncertainty, doubt. But then, you’re about to invest potentially tens of thousands of dollars in the form of a down payment on your new home.That could leave you with very little left over in the bank, so you’d better make sure the home and the mortgage you choose,are a good ones.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.