Sat.Nov 14, 2020 - Fri.Nov 20, 2020

Mortgage rates break record again, down to 2.72%

Housing Wire

The average U.S. mortgage rate for a 30-year fixed loan fell this week to 2.72%, Freddie Mac said in a report on Thursday – the lowest rate in the survey’s near 50-year history. This week’s rate broke the previous record set on Nov. 5 by 6 basis points.

Why Working from Home May Spark Your Next Move

Keeping Current Matters

If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive.

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Canadian Real Estate Prices To Fall Up To 26%, Bay Street Firm Warns Institutions

Better Dwelling

Canadian real estate prices may take a big tumble, Bay Street researchers warn. Veritas Investment Research, a prominent Canadian firm, sent institutional clients a real estate forecast. The firm warned real estate price declines are unlikely, except in the event of supply shock.

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10 Tips to Generate Listings Ninja Style

RIS Media

During a time when the real estate market is hot, real estate agents are having trouble finding one thing: listings. This year is completely unprecedented, and you may feel that you need a few tips to generate more listings for your business.

DOJ sues NAR for alleged antitrust violations

Housing Wire

The Department of Justice (DOJ) filed a lawsuit against the National Association of Realtors (NAR) on Thursday, alleging a series of violations of antitrust law, including commission arrangements and consumer disclosure requirements.

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Homes for Sale Are Rapidly Disappearing

Keeping Current Matters

Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates.

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What You Need to Know About Inventory in the 2021 Real Estate Market

RIS Media

If you’ve been checking up on the latest real estate news, you’ve probably seen quite a few reports saying that housing inventory is low at the moment.

The housing market is hot, but not in a bubble

Housing Wire

Existing home sales came in at a whopping 6,850,000 , beating estimates with the highest print since 2006. Days on market fell from 36 days to 21 days on a year-over-year basis. Cash buyers remain at a historically high level of 19%, the same as last year, while sales grew 26.6% year over year.

Will Mortgage Rates Remain Low Next Year?

Keeping Current Matters

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year.

CRA: 800,000 Ineligible People Did Not Get CERB, But They’re Checking Applications

Better Dwelling

Canada’s national tax agency clarified a major news organization’s allegations of CERB “ineligibility” is, well… not entirely accurate. The Canada Revenue Agency (CRA) responded to our request for clarification on tax-filer application data yesterday.

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Existing-Homes: Sales Jump to 6.85 Million in October

RIS Media

Existing-home sales continued to rise in October, marking five consecutive months of month-over-month gains, according to the National Association of REALTORS ® (NAR). All four major regions reported growth both month-over-month and year-over-year, with the Midwest leading all regions in growth.

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Existing home sales increase for the fifth month in a row

Housing Wire

Existing home sales grew for the fifth consecutive month in October, up 4.3% from September to a seasonally adjusted annual rate of 6.85 million, according to a report from the National Association of Realtors on Thursday. Compared to last October, sales are up 26.6%.

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Chances of Another Foreclosure Crisis? “About Zero Percent.”

Keeping Current Matters

There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program.

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Nashville Real Estate Market Trends & Investment Outlook

Norada Real Estate

Nashville housing market remains one of the hottest markets in the US. Despite the pandemic led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. Across the nation, we have seen people moving from big cities to the suburbs.

Yun Addresses Current and Future Housing Market Trends at NAR’s Residential Economic Issues and Trends Forum

RIS Media

While much has been negatively affected due to the ongoing coronavirus pandemic, there’s one segment of the economy that has continued to thrive despite the surrounding challenges: the housing market.

FHFA issues Final Capital Rule for Fannie Mae, Freddie Mac

Housing Wire

The Federal Housing Finance Agency (FHFA) released its Final Capital Rule Wednesday for mortgage giants Fannie Mae and Freddie Mac as it continues to work toward ending conservatorship.

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Winterization: The Complete 35-Point Checklist To Get Your Home Ready For Winter

HomeLight

There’s something wonderful about winter. Imagine curling up in front of the fireplace of your new home with some hot chocolate and a good book. Sounds nice, doesn’t it?

2020 Mortgage lender rankings: What borrowers can learn

The Morgtage Report

Find out who took gold in JD Power's 2020 mortgage lender satisfaction study, and learn how to choose a mortgage lender that's right for you. About Mortgages Mortgage News

Susan Yannaccone Becomes First Woman to be Named President and CEO of Realogy Franchise Group

RIS Media

Realogy Holdings Corp has announced the appointment of Susan Yannaccone as president and chief executive officer of Realogy Franchise Group LLC, effective Nov. 30, 2020. Yannaccone will replace John W. Peyton, who was recently announced as the new chief executive officer of Dine Brands Global, Inc.

What the surge in COVID cases means for the housing market this winter

Housing Wire

With COVID infection rates exploding and hospitalization rates rising as we go into the cold winter months, the risk this poses to our recovering housing market is a question that should be addressed.

Moving from the City to the Suburbs

American Lifestyle

The post Moving from the City to the Suburbs appeared first on American Lifestyle Magazine. Buying & Selling Finance Finance Tips Financial Advice Home Advice Home Buying Home Loan Mortgage Real Estate Real Estate Agent Refinancing Seller Selling Suburban Zillow

Is Probate Necessary For All Estates or Can You Avoid It?

HomeLight

Disclaimer: This article is purely informational and is not meant to be legal advice. If you have any questions, please consult a probate attorney. Coping with loss when a beloved family member passes away isn’t easy.

How Technology Has Changed the Selling Process in the Times of COVID

RIS Media

According to some agents, not much new technology has been invented in response to COVID, but pre-existing technologies have become more important. They also agree that concerns about visiting properties have largely dissipated.

MBA predicts record purchase mortgage volume in 2021

Housing Wire

The Mortgage Bankers Association on Tuesday released revised estimates for the third and fourth quarter of 2020 as well as predicting record purchase volume for 2021. Although The MBA expects decreased numbers of refinancings will lower overall origination next year to around $2.56

Is now the right time to refinance? 3 strategies to know when to refinance your home

The Morgtage Report

Wondering when to refinance your home? Here are 3 trusted ways to evaluate refinance rates and savings to find out if a refinance is worth it for you. Cash Out Refinance Home Equity Homeownership Topics Mortgage Products Mortgage Rates Mortgage Strategy Refinance

4 Ways to Revamp Your Long-Forgotten Garage

Coldwell Banker

Join us today in exploring 4 tried and tested methods you can use to show your long-forgotten garage some much-needed TLC, revamping your cluttered space into one fit for function. The post 4 Ways to Revamp Your Long-Forgotten Garage appeared first on Coldwell Banker Blue Matter.

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Real Estate: Showing Resilience in Good Times and Bad

RIS Media

During a challenging period like the one we’ve found ourselves in this year, we’re all encouraged when we see resilience on display. There has been no shortage of industry stakeholders who have risen to the occasion in 2020.

Affordable housing groups look to Biden to fulfill campaign promises

Housing Wire

Though housing didn’t take center stage during the 2020 election season, those who work in affordable housing were keeping a close eye on the race, and are now looking expectantly at President-elect Joe Biden’s $640 billion housing plan originally proposed in February.

Love is in the Air

The Living Room

I’ve known Jaime for 20 years; we’ve been through moves, graduations, child birth, celebrations and devastations. She is more than a friend to me; she is as close to a sister as I will ever experience.

How to Stand Out from the Competition When Selling Luxury Realty

Jason Fox

How to Stand Out from the Competition When Selling Luxury Realty. There’s a lot that goes into selling property. And when those properties are worth millions, there’s even more to it.