Sat.Aug 21, 2021 - Fri.Aug 27, 2021

Home sales beat estimates: no housing crash in sight

Housing Wire

The National Association of Realtors reported 5.99 million home sales for July, which was an excellent beat of estimates and a dagger into the hearts of the 2021 housing crash crew.

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If Housing Affordability Is About the Money, Don’t Forget This.

Keeping Current Matters

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability.

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New Single-Family Home Size is Rising

Eyes on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market is occurring.

3 Post-Pandemic Real Estate Trends That Are Here to Stay

Realty Biz

The real estate industry is one of the top industries that have been impacted by the pandemic. To make home buying and selling more accessible while adhering to CDC guidelines, realtors have sought new effective methods to show properties virtually.

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.

Inside Figure and Homebridge’s massive bet on blockchain

Housing Wire

Mike Cagney, co-Founder at Figure Technologies. Peter Norden, the CEO of Homebridge Financial Services , has been waiting a long time to do something truly unique in the mortgage business. Decades. “I’ve

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More Trending

New Home Sales Steady in July

Eyes on Housing

As the market has cooled due to higher costs, July recorded a slight gain of 1% for sales of newly-constructed single family homes, according to estimates from the Census Bureau and HUD.

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When will prices cool? Here are the factors at play

Inman

Home prices are spiraling out of control. There are several reasons prices just keep climbing, but it can't last forever. Here's what it'll take for prices to even out.

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Mortgage rates hold steady at 2.87%

Housing Wire

The average 30-year fixed-rate mortgage held steady at 2.87% for the week ending in August 26, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates declined slightly to 2.86%.

What Do Experts Say About Today’s Mortgage Rates?

Keeping Current Matters

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money.

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.

65% of New Single-family Homes Used Slab Foundation in 2020

Eyes on Housing

NAHB analysis of the Survey of Construction (SOC) shows that 65% of all new single-family started in 2020 were built on slab foundations, followed by 22% with a full/partial basement and 12% with a crawl space.

Millennials Show Overwhelming Interest in 3D Printed Homes

RIS Media

What would you say if someone offered you the chance to live in a home that was not traditionally built, but printed?

Positive revisions boost new home sales report

Housing Wire

In Tuesday’s new home sales report from the Census Bureau , monthly supply hit recent highs at 6.2 months and 5.9 months on the more critical three-month average. I focus on the monthly supply as being the most critical data for the new-home market.

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What To Do with Your Vacation Home as Summer Ends

Keeping Current Matters

As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2%

Existing Home Sales Rise in July as Inventory Improves

Eyes on Housing

After four months of declines, existing home sales increased for the second consecutive month in July as housing inventory continued to improve, according to the National Association of Realtors (NAR).

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Blockchain-backed Blimp raises $200K to reinvent the real estate deal

Inman

Blimp, a real estate industry business software that provides cryptocurrency in exchange of transaction data, announced in a press release that it has secured its first $200,000 from investment company Dispersion. The funding is part of an effort to raise an additional $1 million.

Fewer first-time homebuyers are competing these days

Housing Wire

Existing-home sales grew by 2.0% in July from the month prior, a report published by the National Association of Realtors on Monday found. But first-time homebuyers are still getting squeezed.

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Selling Your Home in Today’s Market? Don’t Believe These Myths

Lighter Side of Real Estate

Between low inventory and high buyer demand, there’s no denying that we’re in a seller’s market. But just because it’s a seller’s market doesn’t mean that every house is guaranteed to sell—although you wouldn’t know that based on what people are saying.

More New Homes Built with Air Conditioning

Eyes on Housing

The Census Bureau’s Survey of Construction (SOC) provides valuable information on the characteristics of new homes started construction, such as air conditioning and heating system installations. Air Conditioning In 2020, 95.4

New York City-based rental startup Knock raises $5M

Inman

On Knock's app, the rental process is quicker and more efficient thanks to AI bots, a self-touring feature, big data machine learning and cybersecurity. News Brief Property Portfolio Rentals Technology hippo knock libertina brant property portfolio rentals

How do we bring in the next generation of mortgage professionals?

Housing Wire

Mortgages changed my life. Like most mortgage industry professionals, I fell into the business. Most of us don’t grow up telling everyone that we want to change the world by selling, processing, underwriting and closing mortgages.

U.S. homeowners have $153K “tappable” home equity on average

The Mortgage Report

American homeowners have never before had so much home equity. But how do you take equity out of your home? And should you? Learn more here.

Rebound for Multifamily Starts

Eyes on Housing

According to NAHB analysis of quarterly Census data, the market share of rental units of multifamily construction starts remained elevated at 95.2% during the second quarter of 2021. In contrast, the historical low share of 47% was set during the third quarter of 2005, during the condo building boom.

Prices go up Sept. 1 for Inman Connect Las Vegas and New York

Inman

Time is running out! The leading events for the residential real estate community are right around the corner. Tickets are selling quickly, and prices go up Sept. Join us and thousands of your peers to forge new relationships and have pivotal conversations that’ll transform your career.

Another $15K first-time homebuyer tax credit bill emerges

Housing Wire

The much-talked-about $15,000 first-time homebuyer tax credit has made another appearance in Washington, D.C., this time as part of a housing bill introduced in the U.S. Senate.

The Meaning of Off Market Properties in Real Estate

Maximum Exposure Real Estate

Everything to Know About Off-Market Homes For Sale Are you ready to learn all there is to know about off-market properties? Key things you’ll discover: What are off-market properties? How to find off-market homes. Understanding real estate listing status terminology.

New Homes Built with Private Wells and Individual Septic Systems in 2020

Eyes on Housing

According to NAHB Economics analysis of the Survey of Construction (SOC) data, almost 9% of new single-family homes started in 2020 are served by individual wells and 15% have private septic systems.

How to prepare buyers for the brutal seller’s market

Inman

A group of Keller Williams panelists argued at Mega Camp that it's all about communication and managing expectations. Tune in for Inman's Deep Dive on KW all week long.

The problem with banning pocket listings

Housing Wire

This is Part 1 of HousingWire’s two-part series examining the National Association of Realtors ’ clear cooperation policy, better known as a ban on pocket listings, or homes not marketed on Multiple Listings Service.

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Mortgage and refinance rates today, August 24, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates moved higher yesterday. But only by the smallest measurable amount. So they remain exceptionally low. And mortgage rates today look likely to […]. Mortgage Rates Now