Housing Wire

AUGUST 21, 2020

The number of seriously delinquent mortgages, meaning payments overdue by 90 days or more, soared to a 10-year high during July in a tally that counts forbearances. There were 2.25 million home loans that were seriously delinquent last month as borrowers took advantage of a provision of the CARES Act that allows people impacted by COVID-19 to suspend payments for up to a year, according to a Black Knight report on Friday.

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Keeping Current Matters

AUGUST 17, 2020

The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the road ahead. We’ve talked before about what experts expect in the second half of this year , and today that progress largely hinges upon the continued course of the virus.

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Lighter Side of Real Estate

AUGUST 20, 2020

Most homeowners and real estate agents will agree that decor from the 1980s and ‘90s can make a room feel dated, and perhaps even unappealing. But one iconic brand from that era is leaning hard into the nostalgia aesthetic and generating plenty of interest. The last standing Blockbuster video store, located in Bend, Oregon, is offering movie buffs the chance to visit the past and spend the night inside the film emporium in September.

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Realtor.com

AUGUST 20, 2020

photoman/Getty Images DIY home improvements can be great feel-good projects. You get to learn a new skill, use your hands, and take pride in something you create yourself. But let’s face it: Your DIY project doesn’t make sense if it won’t make cents. In other words, it needs to pay off when it comes time to sell your home. “The key to winning the ROI game with home improvement is to take a less-is-more approach,” says Dan DiClerico , home expert at HomeAdvisor.

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Housing Wire

AUGUST 17, 2020

The pandemic is pushing homeowners out of the big cities and into rural and suburban areas , pushing up home prices in previously sleepy towns. In July, less densely populated areas showed more buyer interest than urban areas, Redfin said. Before the pandemic, 9% of homebuyers said they were searching for a home in rural areas. Now, 19% say they are looking at rural options.

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Keeping Current Matters

AUGUST 18, 2020

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research at realtor.com , explains : “Seller confidence has been improving gradually after reaching its bottom in mid-April, and now it appears to have reached an important recovery mileston

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The American Genius for Real Estate

AUGUST 19, 2020

[OPINION EDITORIALS] The movement towards smart cities will change the construction industry for the best - creating more connected, collaborative, and efficient cities. The post How are smart cities impacting the construction industry? appeared first on The American Genius Real Estate.

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Housing Wire

AUGUST 21, 2020

Today, existing home sales blew out estimates , coming in at 5,860,000. With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing. Let’s just say this is the final nail in the coffin for the housing bear troll camps that were so sure that this time, housing would finally crash.

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Keeping Current Matters

AUGUST 19, 2020

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of the real estate market.

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Realtor.com

AUGUST 21, 2020

E! Entertainment / Contributor / Getty Images As we’ve seen on “Flip or Flop,” Christina Anstead is never afraid to experiment with daring design choices. And on her new show, “Christina on the Coast,” she continues to up the ante, with big risks. In the latest episode, “Bold Kitchen for a Brit,” Anstead is tasked with helping a British ex-pat, Simon , and his wife, Jetzabette , renovate their washed-out, all-white kitchen.

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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.

Loans

Sotheby's International Real Estate

AUGUST 15, 2020

Paying homage to one of the most enduring architectural motifs, these modern farmhouses—in desirable locations from Greenwich to California’s wine country—give bucolic inspiration a sophisticated contemporary spin. Charming Wine Country Compound. Kenwood, California | Tina Shone , Sotheby’s International Realty – Wine Country – East Napa Street Brokerage.

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Housing Wire

AUGUST 19, 2020

The National Multifamily Housing Council ‘s Rent Payment Tracker reports that 86.9% of renting households had paid rent as of Aug. 13, a significant increase from Aug. 6, when just 79.3% had made rent payments. Year over year, this is just 2% less than rent payments collected Aug. 13, 2019. RealPage said that although the gradual increase in collections over the course of the month is normal, reduced unemployment benefits still leave renters unsure about where their next payment will come

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As-is 544

Keeping Current Matters

AUGUST 20, 2020

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely.

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Better Dwelling

AUGUST 16, 2020

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada Doubled Down On Real Estate In 2005. Now It’s The Biggest Bubble The G7 Has Ever Seen, And It’s Getting Bigger Canadian real estate prices have grown rapidly, but it’s not clear how much more rapidly it grew than its […]. The post This Week’s Top Stories: Canada Is The G7’s Biggest Real Estate Bubble, and Toronto Rental Inventory Soars appeared first on Better Dwelling.

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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.

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Sotheby's International Real Estate

AUGUST 18, 2020

T-shirts in popular shops around Santa Fe are emblazoned with a lighthearted description of New Mexico: “Not really new, not really Mexico.” While that sentiment is clever, it also happens to be true. New Mexico may take its name from the nation to the south, from which many of its founding settlers traveled, but the state has a style and feel of its own, and Santa Fe even more so.

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Housing Wire

AUGUST 19, 2020

Mortgage applications fell 3.3% last week after interest rates rose to their highest level in two weeks , according to a report from the Mortgage Bankers Association. The refinance index also fell 5% from the previous week, however, it was 38% higher than the same week a year ago – marking its thirteenth-straight week of year-over-year gains. The refinance share of mortgage activity also fell to 64.6% of total applications from 65.6% the week prior when it hit its highest level since May.

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Fixed-rate mortgage Mortgages Loans Industrial 542

The Mortgage Report

AUGUST 18, 2020

Mortgage rates are holding low and everyone is predicting low rates through 2020. But what will interest rates do next? Advice, predictions, and your next steps.

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Mortgages 145

Realtor.com

AUGUST 21, 2020

FREDERIC J. BROWN / Staff / Getty Images If you’re at all interested in home decor, you’ve probably seen or heard the word “cottagecore.” (Unless you’ve been hiding out under a crocheted afghan dodging social media, that is.) But if you’re like me, you may have wondered if this term relates to a new fitness regimen or fad diet that combines cottage cheese with a core workout.

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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.

Agents

Sotheby's International Real Estate

AUGUST 17, 2020

For the wine connoisseur, enjoying a glass is about more than just relaxation: it’s about transporting oneself to far away terroirs through taste, being moved by tradition and innovation, and, sometimes, finding inspiration in the way the light hits the wine. The vineyard doesn’t have to be the only place where the wine lends inspiration, either. . With some of our favorite whites and rosés in mind, we’ve sourced homes that take their design cues from the vineyard.

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Housing Wire

AUGUST 19, 2020

Buyer-generated content, including consumer reviews of builders, is now available on Zillow and will be viewable on builder profiles, community pages and paid new construction listings. Builder Ratings and Reviews was launched Wednesday and surveys new homeowners at move-in asking them to rate their overall experience, quality of their home, builder responsiveness, the confidence they have in their builder and whether or not they would recommend that builder to other homebuyers.

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Eye on Housing

AUGUST 19, 2020

New single-family home size trended lower during the second quarter 2020 at the beginning of what we are forecasting will be a pivot to larger home size over the next two years. According to second quarter 2020 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area ticked down to.

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Design 135

Better Dwelling

AUGUST 21, 2020

Canadian real estate buyers are jumping in head first, since the recession didn’t impact housing. However, since the beginning of the pandemic, experts said no issues would be apparent until the end of the year. The reason is a term only finance and banking nerds have been using – the deferral cliff. The deferral cliff […]. The post Here’s What Canada’s Mortgage Deferral Cliff Looks Like, And Why Experts Are Worried appeared first on Better Dwelling.

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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.

Agents

Realtor.com

AUGUST 19, 2020

realtor.com When it was built in 1875, this home in Fayette, MO, belonged to the local sheriff, and included a jail with nine cells out back. Now, after a renovation, the property is on the market for $350,000. Thanks to the accommodations for ne’er-do-wells, the otherwise modest Missouri home has rocketed around the web and became a bona fide viral sensation.

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Housing Wire

AUGUST 18, 2020

The Consumer Financial Protection Bureau is proposing a new category of qualified mortgages called Seasoned QM, which would require loans to meet certain performance requirements over a 36-month seasoning period. The CFPB said they hope this new category will “encourage innovation and help ensure access to responsible, affordable mortgage credit.”. In order to qualify as a Seasoned QM, loans would have to be first-lien, fixed rate transactions that comply with general restrictions on product fea

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Brownstoner

AUGUST 21, 2020

Viewers got an earful of information during a free webinar, Everything You Need to Know About Home Renovations During COVID-19, on Thursday, August 13. You can view the entire webinar here for free. The webinar featured Anna Karp, cofounder and CEO of Bolster, Jeronimo Aguilar Gutierrez, Bolster VP of pricing and procurement,… Read More > The post See The Video: Navigating a Home Renovation During COVID-19 appeared first on Brownstoner.

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Better Dwelling

AUGUST 17, 2020

The head of Canada’s national housing agency isn’t done ruffling feathers. Evan Siddall, the CEO of Canada Mortgage and Housing Corporation (CMHC), a state-owned mortgage insurer, fired back at critics this morning. After his confidential email was leaked last week, some members of the real estate industry took to calling his statements “irresponsible.

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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.

Agents

Realtor.com

AUGUST 21, 2020

YinYang / iStock Is your kitchen ready for another season of back-to-school meal planning and holiday dinners? If not, we might have just the thing. As we always do , we spent this past week scouring Instagram for the hottest kitchen trends—and boy, did we find them. Whether you’re looking to upgrade a backsplash, your countertops, or just add some chic new seating, this list has you covered.

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Housing Wire

AUGUST 20, 2020

For the first time since March, the total percentage of accounts in “financial hardship” for auto, credit card, mortgage and personal loans fell across the board in July, according to a consumer credit snapshot by TransUnion. In particular, the percentage of accounts with mortgage loans in financial hardship declined from 6.79% in June to 6.15% in the month of July.

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The American Genius for Real Estate

AUGUST 21, 2020

(EDITORIAL) The work-from-home life isn’t suitable for every worker – and that’s okay! There's pros and cons, pointing out the differences can help. The post You don’t have to like working from home, that’s ok appeared first on The American Genius Real Estate.

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Afford Anything

AUGUST 19, 2020

Are you wondering how in the world you’re supposed to plan for retirement given the craziness of the year 2020? You’re not alone. That’s why we brought Dr. Wade Pfau on the show. Dr. Pfau is a Professor of Retirement Income for the American College of Financial Services, and he’s made a major name for himself within the field of retirement planning.

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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.

Sales