Sat.Jul 24, 2021 - Fri.Jul 30, 2021

Susan Rice to co-chair HUD appraisal task force

Housing Wire

The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice.

A Look at Housing Supply and What It Means for Sellers

Keeping Current Matters

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you.

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Housing Nearly 17% of GDP

Eyes on Housing

Thanks to a surge in residential investment during 2020, housing’s share of GDP remains elevated compared to recent years. Last year’s market conditions involved a renewed focus on the importance of home, an evolving geography of housing demand, and a lack of for-sale inventory.

Inman is being acquired by Beringer Capital

Inman

Brad Inman retains an ownership stake and the current team will continue running the company, with plans for significant growth. Agent Industry News Select acquisition Adweek Beringer Capital brad inman inman josh albertson Lu Cacioppo mortgage title

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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.

The homebuyer journey is changing – So should you

Housing Wire

The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance.

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Prospective Buyers Continue to Turn into Active Buyers

Eyes on Housing

Of the 17% of American adults considering a future home purchase in the second quarter of 2021, 61% have moved beyond planning and are already actively trying to find one to buy.

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LoanDepot’s ‘Grand Slam’ offer bundles agent, mortgage and title insurance

Inman

LoanDepot and its agent matching subsidiary, mellohome, will offer cash rebates of up to $7,000 on bundled services. Agent Marketing Mortgage anthony hsieh LD Settlement Services LLC loanDepot Mello Home Services LLC mellohome MelloInsurance Services LLC

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How Delta variant may impact housing market

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal.

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

Keeping Current Matters

With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. There are fewer homeowners in trouble this time.

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.

Buyers’ Perceptions of Housing Inventory Deteriorate

Eyes on Housing

In the first quarter of 2018, the starting point of the Housing Trends Report (HTR), only 16% of buyers expected easier availability for a home in the months ahead.

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What to Know About Closing on a Home

Point2Homes

Image: Friends Stock / Shutterstock.com. As you plan to purchase your first home, you might find that there are a few stressful aspects of the homebuying process that can make or break your purchase: One is when you first apply for a mortgage and another is when you close on a house.

Are we back to a normal housing market?

Housing Wire

In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market.

Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

Keeping Current Matters

Some veterans are finding it difficult to obtain a home in today’s market.

Second Quarter of 2021 Homeownership Rate at 65.4%

Eyes on Housing

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate declined to 65.4% in the second quarter of 2021. Compared to prior reports, the data was affected less significantly by the pandemic, since in-person interviews were back in 99% of the sample area.

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SEO made simple: 2 main things agents should focus on

Inman

Optimizing your website for SEO can be a daunting task for a lot of agents — but it's key to driving potential leads to your business. Here are two simple ways you can improve your site's visibility.

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Could online mortgage lenders reduce discrimination against Black homebuyers?

Housing Wire

The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price.

Getting Ready to Buy a Home? Ask Yourself These Questions First

Lighter Side of Real Estate

When you buy a home, you want to make sure you’re ready and prepared. And the best way to do that? Asking yourself the right questions. A recent video from realtor.com outlined key questions potential buyers should consider before purchasing a home, including: Will I qualify for a mortgage?

Perceptions of Housing Affordability Worsen

Eyes on Housing

In the final quarter of 2019, a series-high of 82% of prospective buyers could afford less than half the homes available in their markets. The share went on to decline throughout 2020 (i.e. affordability perceptions improved), reaching 63% by the final quarter of that year.

David Hasselhoff’s dermatologist is selling a mansion full of NFT art

Inman

Non-fungible tokens, which are units of data stored on blockchain, have recently become a trendy form of modern art. Now they're part of an $88 million mansion listing.

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5 steps to choosing a home that will appreciate

Housing Wire

In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available.

Interview with Mark McLean From Key Living!

Toronto Realty Blog

TorontoRealtyBlog. ? ?. Thanks again to Mark McLean, the Vice President of Business Development at Key Living. If you want to get in touch: Mark McLean. Web: www.lifeatkey.com. Email: mark@lifeatkey.com. Instagram: @marcomclean. Tik Tok: @marcomclean.

GDP Back to Pre-Pandemic Level

Eyes on Housing

In the second quarter of 2021, real GDP surged and returned its pre-pandemic level as the economy continued to reopen. This quarter’s growth reflected strong gains for consumer and state and local government spending. However, the second quarter gain did come in below consensus estimates.

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11 shipping containers were used to build this eco-friendly home

Inman

Re/Max agent Louise James told Inman the recycled, eco-friendly home, which hit the market for $2M, will only grow in popularity as efforts to conserve energy gain steam. Lifestyle Listings Luxury Luxury Lens frank lloyd wright hgtv Louise James luxury lens RE/MAX Equity Group

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FHA, FHFA re-up eviction bans at Biden’s urging

Housing Wire

A day before the federal eviction ban lapses, the Biden administration is using the levers it has through federal agencies to keep evictions on ice until September.

Is it better to pay points for a lower mortgage rate?

The Mortgage Report

Should you pay discount points for a lower mortgage rate? The savings can be huge. But discount points aren't right for everyone. Learn more here. About Mortgages Mortgage Rates

Federal Reserve and Housing: No Taper Talk Yet

Eyes on Housing

Today’s Federal Open Market Committee announcement did not provide an explicit reference to an expected tapering of purchases of Treasury ($80 billion a month) and mortgage-backed ($40 billion a month) securities.

Map-based real estate marketing sees explosive growth

Inman

Homesnap has partnered with Waze to let agents pin their listings and open houses to interactive maps. Such ads have seen a surge of interest over the past month. Agent Brokerage Marketing Select Technology app Fernando Belfort google homesnap lou mintzer maps marketing Waze

Fannie & Freddie forbearances drop to 1.81%

Housing Wire

Another week, another drop in forbearance volume. Servicers’ forbearance portfolio volume fell two basis points to 3.48% from 3.50% last week, according to a survey from the Mortgage Bankers Association. Approximately 1.74 million homeowners are in forbearance plans, the MBA reported.

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Real Estate Wire Transfer Fraud is Real

Realty Biz

The American Land Title Association (ALTA) says that more than 11,600 people fell victim to real estate wire transfer fraud in 2019, resulting in more than $221 million being stolen. The scams involve huge amounts of money. The scams are sophisticated.

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