Housing Wire
JANUARY 26, 2021
Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., as prices in November rose 9.5% nationally over the same time last year, according to the S&P CoreLogic Case-Shiller index. November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% gains seen in October.
Keeping Current Matters
JANUARY 26, 2021
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection , which assesses the condition of the home before you finalize the transaction.
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Realtor.com
JANUARY 29, 2021
Daisy-Daisy/Getty Images Thirty years ago, if you wanted to remodel your bathroom and you weren’t plugged in to your local network of contractors, well—you were stuck. Angie Hicks started her hugely popular ratings and review platform, Angie’s List, in 1995 after hearing about her co-founder’s frustrations with trying to find reliable contractors in suburban Columbus, OH.
Brownstoner
JANUARY 25, 2021
A triangular block of buildings in Downtown Brooklyn is facing the wrecking ball. Currently, 10 of the 16 buildings that are on the block, which fronts Fulton Street, Dekalb Avenue, Flatbush Extension and Bond Street, have been demolished. One of those buildings, located at the tip of the flatiron-shaped block at… Read More > The post A Prominent Block in Downtown Brooklyn Is Quickly Being Demolished During the Pandemic appeared first on Brownstoner.
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Housing Wire
JANUARY 27, 2021
The Federal Open Market Committee left future economic policies virtually unchanged at its Wednesday meeting, indicating that short-term mortgage rates will stay low for years to come. “The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely affected by the pandemic,” the FOMC added to its updated policy statement.
Keeping Current Matters
JANUARY 25, 2021
As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. This is no surprise since the U.S. Census Bureau reported an increase in the percentage of adults with symptoms of anxiety and depression in a recent Household Pulse Survey.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
JANUARY 29, 2021
Households in Canada’s largest real estate markets are big premiums to own. Canada Mortgage and Housing Corporation (CMHC) analysis shows the gap between the cost of owning and renting in 2020. Carrying costs in the largest market are now almost double that of paying rent. That isn’t a general rule though, with some markets cheaper […].
Housing Wire
JANUARY 28, 2021
Zillow announced an update to its mobile app Thursday that aids in the fight against rental discrimination, per a company press release. Rentals listed on Zillow will now show whether or not they lie in a jurisdiction with local laws protecting renters from discrimination based on the use of Housing Choice Vouchers. The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent.
Keeping Current Matters
JANUARY 29, 2021
Some Highlights. If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition. With buyer demand rising and historically low inventory for sale, if you’re in a position to move, your house may really stand out from the crowd. Reach out to a local real estate professional today to get your listing process underway.
RIS Media
JANUARY 25, 2021
Getting a Healthy Credit Score and Keeping It. Do you have strong desires to own your first house? Maintaining a good credit score is important, especially when you are young and have many years of borrowing ahead of you. If you are under 30, try not to over-borrow. When you plan to buy a house, you will need to be almost debt-free to ensure a low-interest rate.
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.
Coldwell Banker
JANUARY 29, 2021
Tips to Create a Functional Space for Your Evolving Stay-At-Home Needs. The post It’s Finally 2021, Make Your Home Feel New Again appeared first on Coldwell Banker Blue Matter.
Housing Wire
JANUARY 23, 2021
Housing demand soared in 2020 as mortgage rates dipped to all-time lows, resulting in a banner year for mortgage originators. But strong demand and a limited housing supply also led to rising home prices, causing some to speculate about a housing bubble. However, HousingWire Lead Analyst Logan Mohtashami isn’t worried. He did a deep dive into the topic in the article Three reasons there won’t be a 2021 housing market crash , and did a follow-up interview with Bloomberg Radio , hosted by Pa
Better Dwelling
JANUARY 26, 2021
One of Canada’s Big Six banks thinks it cracked the real estate price situation. BMO’s chief economist, Douglas Porter, wrote a recent analysis on the gap between Canadian and US home prices. As recently as 2017, he maintained many markets were in a bubble. However, he’s come to embrace the lack of affordability. The noted […].
Realtor.com
JANUARY 27, 2021
Ridofranz/Getty Images Is 2021 the year you’re going to buy a real estate investment property? If you have your sights set on flipping a house for a big profit, you likely know how much work is involved. Sure, popular real estate reality shows like “ Flip or Flop ” and “ Flipping Across America ” make fix-and-flip investing look like a feasible endeavor, but you’re wise to the magic of TV, right?
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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.
Agent Drive
JANUARY 25, 2021
What Buyers Should Know About Home Inspections When you are buying a home for the first time, many things will look fresh and gleaming. That’s part of the excitement of buying your first home. It is not uncommon to get so caught up that you’re buying a home; some important things go unnoticed. It becomes […]. The post Home Inspection Considerations For Buyers appeared first on AgentDrive.
Housing Wire
JANUARY 26, 2021
Early COVID housing policy helped servicers care for homeowners in these first nine months of the pandemic with fast forbearances and smart deferrals. Now let’s preview how this will play out for servicers, homeowners and the housing economy in 2021. We’ll begin with the top three ways homeowners are exiting forbearance so far. Top three ways homeowners are exiting forbearance.
Eye on Housing
JANUARY 26, 2021
According to NAHB’s latest Housing Trends Report (HTR), the share of Americans who are considering the purchase of a home in the next 12 months was 15% in the fourth quarter of 2020, four percentage points higher than a year earlier and the largest year-over-year gain in the 3+year history of this series. The gain shows the COVID-19 pandemic continues.
Realtor.com
JANUARY 27, 2021
helivideo/iStock If you’re playing the waiting game with mortgage rates, you may not want to wait much longer. A new study from Haus , the home-finance startup created by Uber co-founder Garrett Camp, examined what role seasonality, loan size, credit scores and other factors play in the mortgage rates that lenders offer borrowers. The study found that much like the housing market itself the mortgage market ebbs and flows with the seasons.
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.
Homes.com
JANUARY 28, 2021
If you're a homeowner interested in refinancing your home, preparation is key. Here's how to navigate five scenarios that may surprise you! The post 5 Surprising Facts About Refinancing Your Home appeared first on Homes.com.
Housing Wire
JANUARY 29, 2021
Last year, buyer demand increased due to record low mortgage rates. That said, because of those low mortgage rates, and fewer houses on the market, home prices went up. To put it simply, the last half of 2020 was a seller’s market. But will 2021 be the same? If you’re wondering whether it’s a good time to sell your house, keep reading. Here we break down the reasons why you should or shouldn’t sell in 2021: Should sell your house: Interest rates are low.
Fancy Pants Homes
JANUARY 29, 2021
If you’re a die-hard Californication fan with a sizable real estate budget, here’s one opportunity you won’t want to let go to waste: a loft has recently come to market right next to Hank Moody’s fictional home in the popular Showcase series. The modern loft with panoramic ocean views is set at 25 Brooks Ave in Venice, neighboring Hank Moody’s crib from the popular 7-season series (26 Brooks Ave served as filming location for the troubled novelist’s Los Angele
Realtor.com
JANUARY 26, 2021
Albina Gavrilovic / Getty Images During winter, when temperatures drop, we all want to keep our homes feeling (and looking) as cozy and comfortable as can be—and that’s easily done if you layer in the right fabrics like mohair, boucle, and chenille. “Soft textiles like these are obviously cozy, but they also provide a luxurious look that makes spaces feel timeless,” says Barbara Karpf , founder of DecoratorsBest.
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.
Sotheby's International Real Estate
JANUARY 23, 2021
At desirable addresses from West Coast to East, these impeccable kitchens blend comfort, style, and functionality. Modern Farmhouse Charm. Houston, Texas | Laura Mayer, Martha Turner Sotheby’s International Realty. In the desirable Sunset Terrace neighborhood, this delightful five-bedroom farmhouse-inspired home has been impeccably designed and outfitted for contemporary living, offering a study, a generous wine room, a game room, a sunroom, a finished garage with an apartment, a Control4
Housing Wire
JANUARY 27, 2021
LoanDepot , one of America’s largest mortgage lenders, released pricing of its hotly anticipated independent public offering (IPO) on Wednesday. The multichannel lender said it would be selling 9.41 million shares of common stock; funds held by its private equity backer Parthenon Capital Partners would sell 5.59 million shares in the upcoming IPO.
Realty Biz
JANUARY 29, 2021
2021 has continued to be frustrating for first time home buyer in Massachusetts as well as many of the metro markets throughout the country. While some areas are shoeing signs of the market weakening popular metro areas are continuing along the same vein as 2020. So how do you navigate the real estate market as a first-time home buyer in 2021? What Is Driving The Market in 2021?
Eye on Housing
JANUARY 25, 2021
In many communities, 2-4 unit multifamily housing (structures with two, three or four units) is the key to expanding the existing housing stock, in order to solve the housing shortage. Two-four unit multifamily residences such as duplexes, fourplexes, townhomes, courtyard buildings, and cottage courts provide much needed entry-level housing options and/or more affordable housing for the first-time home buyers and.
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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.
Brownstoner
JANUARY 28, 2021
We now have a better look at what the end result may be for the massive fulfillment center being built next to Ikea in Red Hook. It's located at 640 Columbia Street, and newly spotted renderings as well as a video (seen here) on a commercial leasing website show the… Read More > The post Here’s a Closer Look at the Massive Warehouse Planned Next to IKEA in Red Hook appeared first on Brownstoner.
Housing Wire
JANUARY 25, 2021
The U.S. forbearance rate held relatively steady last week, rising one basis point to 5.38% of servicers’ portfolio volume, according to a survey from the Mortgage Bankers Association released on Monday. The virtually unchanged rate of forbearance volume can be attributed to a stalemate between steady declines in almost every investor class and a whopping 26 basis point jump in portfolio loans and private-label securities, bringing their forbearance share to 8.94%.
Realty Biz
JANUARY 27, 2021
Around 25% of American homeowners have lived in their homes for 20 years or more, and the trend could be contributing to the shortage in housing inventory, experts say. Redfin said its latest study shows there are now more U.S. homeowners with a 20+ year tenure of living in their homes than ever before, and that this is being accelerated by the trend of aging in place.
Eye on Housing
JANUARY 28, 2021
According to NAHB’s latest Housing Trends Report, 15% of adults were considering a home purchase in the fourth quarter of 2020, up from 11% a year earlier. Further analysis reveals a significant shift in interest for newly-built homes during this period among prospective buyers. In the final quarter of 2020, 41% of buyers were looking for a newly-built home, more than.
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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