Sat.Aug 28, 2021 - Fri.Sep 03, 2021

Homebuyers flock to Florida real estate

Housing Wire

The Sunshine State seems to be getting a lot more foot traffic these days, with the number of homebuyers moving to Miami tripling year-over-year, a new analysis found.

What Buyers and Sellers Need To Know About the Appraisal Gap

Keeping Current Matters

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals.

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Annual Home Price Gains Hit Record High in June

Eyes on Housing

In June, national home prices continued to rise at a fast and unsustainable rate. Strong demand and low housing inventory have been driving home prices at double-digit growths for eleven months.

Hit replay! 3 social media marketing videos from Inman Connect events

Inman

We’ve rounded up some of our top Inman Connect videos from yesteryear. Here's how to further your social media reach, maximize your profiles and generate leads on Instagram — all on a budget.

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.

Mortgage rates stuck in a rut at 2.87%

Housing Wire

The average 30-year fixed-rate mortgage was flat at 2.87% for the week ending in Sept. 2, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates also held steady at 2.87%.

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Share of New Homes with Porches Back Over 65 Percent

Eyes on Housing

Of the roughly 990,000 single-family homes started in 2020, 65.3 percent came with porches, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development).

Wait! Read This Before You Sell Your House for Cash

HomeLight

On the surface, fast-cash companies in real estate may not have the most pristine reputation, but you’re not crazy to consider selling your house for cash.

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Is the Fed creating a housing bubble by keeping rates low?

Housing Wire

Remember that pretty girl from your history class in college — the one who would blow hot and cold, so you never really knew what she was thinking? The U.S. housing market can be like that girl: you can get many mixed messages (especially about a housing bubble) unless you are paying attention.

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5 Reasons Today’s Housing Market Is Anything but Normal

Keeping Current Matters

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening.

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.

Declines for the 3-Car Garage: 2020 Data

Eyes on Housing

A majority of new homes that completed construction in 2020 included two-car garages (67%), according to NAHB analysis of 2020 Census Bureau Survey of Construction data.

What to Know About a 203k Rehab Loan

Realty Biz

203k FHA Loans Explained. Are you considering buying a home that needs work? When buying a fixer-upper, one of your primary considerations should be how you will finance the project. One of the better options is what’s known as an FHA 203k loan.

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What to expect next from today’s hot housing market?

Housing Wire

It’s the current, not the waves, that will propel longstanding changes in the American housing market, said Logan Mohtashami , HousingWire’s lead analyst.

The Difference in Net Worth Between Homeowners and Renters Is Widening

Keeping Current Matters

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom , surveys Americans about their perspective on financial wellness and their goals.

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Private Residential Spending Increased in July

Eyes on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 0.5% in July to a seasonally adjusted annual rate of $773.0 billion. Total private residential construction spending was 27% higher than a year ago.

Real estate agents wake up to Ida’s path of destruction on East Coast

Inman

The remnants of Hurricane Ida ripped through parts of New York and New Jersey on Wednesday, causing millions in damages to homes and disrupting closings and showings. Agent Brokerage brown harris stevens Hurricane Ida

US home price growth hit record level in June

Housing Wire

With little inventory, home-price growth in the U.S. hit a record high in June, rising 18.6% from the same period last year, according to the S&P CoreLogic Case-Shiller Index. June marked the highest annual rate of home price growth since the index debuted in 1987, beating out the 16.8%

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26 Questions You Should Ask Before Hiring a Real Estate Agent

HomeLight

Updated August 31, 2021. Imagine this: You find an amazing salon, pick out a picture of the perfect haircut, and schedule an appointment with a stylist sight unseen. It’s a professional salon, so what can go wrong?

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Job Gains Slow in August Amid Delta Variant Surge

Eyes on Housing

Total payroll employment rose by 235,000 in August, marking a significant slowdown from the previous month. Meanwhile, the unemployment rate dropped to 5.2% in August, the lowest point during the pandemic.

99 blog ideas for buyers 

Inman

Good content introduces you to potential clients, builds brand awareness and codifies your value, while prospecting for you 24 hours a day, 365 days a year. Yet one of the biggest pain points agents have is coming up with topics to write about.

Judge lets NAR, Zillow lawsuit proceed

Housing Wire

A lawsuit that alleges the powerful National Association of Realtors and home listings giant Zillow illegally conspire to snuff out competition has survived NAR and Zillow’s motion to dismiss the case.

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Mortgage and refinance rates today, August 28, and rate forecast for next week

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged lower yesterday. But the week’s rises and falls have canceled each other out. And Friday evening’s average rate was precisely the […]. Mortgage Rates Now

Conventional Loans: Greatest Share of New Sales Since 2008

Eyes on Housing

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed 76.3% of new home sales in the second quarter of 2021—the largest share since the beginning of the Great Recession in 2008.

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10 tried-and-true prospecting strategies that won’t fail you

Inman

Prospecting can be an intimidating task for a lot of agents. However, there's really no right or wrong way to prospect, and each of us has to choose what works best for our personalities and styles. Here are a few ideas to help you get started.

iBuyer Offerpad goes public at $2.7B valuation

Housing Wire

Instant homebuyer Offerpad quietly became a publicly traded business Thursday, after it merged with a blank check company led by former Zillow CEO Spencer Rascoff one day earlier. Offerpad’s transition escalates the rivalry between Rascoff and his former company Zillow.

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Why You Still Need an Agent to Buy a New House

HomeLight

Updated August 31, 2021. Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so.

7 Tips for Today’s Hot Sellers’ Market

Coldwell Banker

Check out a few easy steps you can take to make your home stand out from the crowd, sell quickly and put more money in your pocket. The post 7 Tips for Today’s Hot Sellers’ Market appeared first on Coldwell Banker Blue Matter. Selling a Home

Where real estate investors bought the most homes in 2020

Inman

In 2020, investors showed the most interest in markets that are located in the Mountain West, the western Midwest and the South. Data Investing Property Portfolio corelogic investment properties investors midwest Molly Boesel Mountain West south

Lenders can use closing technology as a bargaining chip

Housing Wire

“By failing to prepare, you are preparing to fail.” While John Wooden was not the first to utter these sentiments, it became one of his more well-known mantras and undoubtedly the soundtrack to more than one of his 10 national championships.

5 Tips to Effectively Stage Your Home This Fall

American Lifestyle

The post 5 Tips to Effectively Stage Your Home This Fall appeared first on American Lifestyle Magazine. Buying & Selling Staging Fall Home Advice Real Estate Tips