Sat.Sep 18, 2021 - Fri.Sep 24, 2021

Existing home sales pop the 2021 housing bubble boys

Housing Wire

The National Association of Realtors reported existing home sales for August came in at a very tiny beat of estimates at 5,880,000.

Sales 413

Two Reasons Why Waiting a Year To Buy Could Cost You

Keeping Current Matters

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home.

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Builder Confidence Steadies as Material and Labor Challenges Persist

Eyes on Housing

Builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building material supply chain issues and labor challenges.

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

Inman

A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory "fairly conspiratorial," and iBuyers themselves said they still have a tiny share of the market.

iBuyer 169

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.

Homeowners gain $2.9 trillion in equity in Q2 2021

Housing Wire

Homeowners with mortgages gained $2.9 trillion in equity in the second quarter of 2021, a 29.3% year-over-year increase, according to a new report by CoreLogic released Wednesday. This marks an average gain of $51,500(!) per borrower since the second quarter of 2020.

Equity 428

More Trending

Real Estate Market Values Spike in the Second Quarter

Eyes on Housing

The latest Federal Reserve Z.1 Financial Accounts of the United States, i.e., the “Flow of Funds”, show that in the second quarter of 2021 the aggregate market value of all owner-occupied real estate in the United States registered the largest quarterly increase in the last 21 years of data.

Fall housing outlook: Cooling prices, tighter inventory, less competition

Inman

As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight.

Agents 161

Dems propose 20-year mortgage for first-gen homebuyers

Housing Wire

The raft of legislation designed to spur first-time homeownership in America seems to grow by the minute. Another bill joined the fray, and its sponsors propose creating a new 20-year-fixed-rate mortgage program through Ginnie Mae.

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

Keeping Current Matters

A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home.

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.

August Housing Starts Lifted by Multifamily Development

Eyes on Housing

Total housing starts increased 3.9% in August, due to strength for multifamily development. According to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, single-family starts were down 2.8% for the month, while overall multifamily starts was up 21% in August.

Will every mortgage lender soon have a cash offer product?

Inman

Because Evergreen is a mortgage bank, it's got the funds to not only purchase homes with cash, but provide permanent financing directly to the homebuyer. That means it can close faster than cash offer programs that outsource financing.

August housing starts better than expected

Housing Wire

homebuilders started construction on 1.615 million homes in August, up 3.9% from July 2021 and 17.4% higher than a year ago, according to a new report by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Is It Time To Move on to a New Home?

Keeping Current Matters

If you’ve been in your home for longer than five years, you’re not alone.

Equity 199

Existing Home Sales Fall in August

Eyes on Housing

As tight inventory continued to push up prices, existing home sales fell in August but remain above pre-pandemic levels, according to the National Association of Realtors (NAR).

Sales 124

Hard Money Loans – When a Real Estate Investment Needs Fast Financing

Realty Biz

There are many ways to successfully invest in real estate. Hard money lending isn’t heard about as much these days but still has a valuable place in the investing world. Hard money lenders generally don’t value real estate in the same ways as most investors and other real estate professionals.

Supply of new homes shows a stabilizing housing market

Housing Wire

Today the Census Bureau ‘s new home sales report came in as a beat of estimates at 740,000, but the most important aspect is that revisions came in positive for the prior months, which shows a more stable market as revisions are always key with new home sales and housing starts.

Help prevent buyer’s remorse with these 5 tested tips

Inman

After a purchase as large and life-changing as a luxury home, there’s a risk that clients will experience buyer’s remorse. This is especially true in a highly competitive market in which buyers may not be putting in the necessary time and consideration.

Employment Situation in August: State-Level Analysis

Eyes on Housing

Nonfarm payroll employment increased in 31 states in August compared to the previous month while 19 states and the District of Columbia lost jobs.

5 Tips for Finding a Good Tenant as a Landlord

Realty Biz

Purchasing a long-term rental property is a great way to earn passive income and build up personal equity. Renting out a newly purchased property that you no longer want to live in can also help homeowners avoid tax penalties for selling their house too quickly.

New home sales rise for second consecutive month

Housing Wire

Sales of new single-family homes in August increased 1.5% from the prior month, at a seasonally adjusted annual rate of 740,000, according to a report from the U.S. Commerce Department released on Friday.

Sales 381

Mortgage Rates: Little Movement Amid Slowdown in Global Economic Growth

RIS Media

Freddie Mac’s Primary Mortgage Market Survey (PMMS) was recently released, reporting that the 30-year fixed mortgage rate (FRM) averaged 2.88®. Mortgage details: – 30-year fixed-rate mortgage averaged 2.88% with an average 0.7 point for the week ending Sept.

Uptick for New Home Sales in August

Eyes on Housing

After a prior cooling trend for the volume of new home sales, sales contracts increased 1.5% in August according to estimates from the Census Bureau and HUD. The August seasonally adjusted annual rate (740,000) was 24% lower than a year ago, when an unsustainable rebound took hold in the market.

Sales 107

Pulse: What new marketing strategy are you trying in 2022?

Inman

Making changes and fine-tuning your marketing plan for next year? We want to know what you're introducing to your repertoire and how those strategies will help you stand out in 2022.

Mortgage rates continue to idle at 2.88%

Housing Wire

The average 30-year-fixed mortgage rose, ever so slightly, to 2.88% for the week ending Sept. 23, according to Freddie Mac ‘s latest PMMS survey. Mortgage rates have been roughly flat for months now. The slowdown in economic growth around the world has caused a flight to the quality of the U.S.

3 Affordable and Cozy Home Revamp Ideas to Try this Fall

Coldwell Banker

Shorter days and cooler temperatures can only mean one thing: fall is on its way and winter won’t be far behind. So today, we’re dishing up some seasonal interior design tips to help you give your home a cozy, warm vibe just in time for fall (without having to spend big).

Federal Reserve: Closer to Taper

Eyes on Housing

The Federal Reserve has been supporting the housing market during the virus crisis, the 2020 recession, and the subsequent, ongoing recovery via asset-backed purchases (among other tools), including $40 billion a month of mortgage-backed security (MBS) purchases.

Take a 3D tour of the real-life ‘Conjuring’ haunted house

Inman

Take a virtual tour of the 285-year-old Rhode Island estate made famous by the 2013 horror flick "The Conjuring.". Agent Listings haunted home luxury home rhode island Sotheby's International Realty the conjuring

Agents 134

Housing permits hold the key for economic expansion

Housing Wire

On Tuesday, the U.S. Census Bureau reported that housing starts hit 1,615,000 for August and housing permits came in nicely at 1,728,000. These data lines beat expectations, and we had slight positive revisions to the previous months — overall, a good report on all fronts.

Sales 377

When Will the Housing Market Crash?

RIS Media

When will the housing market crash? This was one of the top three questions people posed on Google this past spring. Because too many buyers have post-traumatic stress from the 2008 meltdown.