Sat.May 29, 2021 - Fri.Jun 04, 2021

Should you buy a home in a super-hot housing market?

Housing Wire

The world has been dealing with a significant health crisis since the beginning of 2020. This has provided the American bear troll crowd numerous opportunities to pontificate about a likely long-lasting depression.

What’s Motivating People To Move Right Now?

Keeping Current Matters

This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces.

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The Aging Housing Stock

Eyes on Housing

The median age of owner-occupied homes is 39 years, according to the latest data from the 2019 American Community Survey. Compared to a median age of 31 years in 2005, the U.S. owner-occupied housing stock is aging gradually.

More Than Half of Homes Are Selling for Above Asking Price

Lighter Side of Real Estate

Low inventory and high demand are causing unprecedented competition for homes across the country. And that competition is sending prices upward—and, often, well past the asking price.

Biden tax credit to rehab homes is finally unveiled

Housing Wire

The Biden administration announced proposals to combat the racial wealth gap , including a tax credit to rehab homes for low and moderate-income homebuyers as part of the trillion dollar infrastructure package.

Dreaming of a Bigger Home? Why Not Buy It This Year?

Keeping Current Matters

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up.

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4 Essential Steps for Winning With Buyers and Builders

RIS Media

New home construction is an appealing option for many buyers, particularly those who have grown tired of being outbid in multiple offer situations. However, when buyers pivot to newly built homes, they also risk giving up their right to representation.

Attention all first-time homebuyers: Here are some steps to affording a home

Housing Wire

Let’s be honest – affording a home isn’t always easy. In this market where homes are selling like hot potatoes, it might seem like everyone can afford to buy a house, but that’s not true. It takes time, money, energy, planning, money and more money to become a first-time homebuyer.

6 Reasons to Celebrate National Homeownership Month

Keeping Current Matters

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6%

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Builders Report 26 Percent Increase in Material Prices

Eyes on Housing

A post published last week discussed how record numbers of builders were reporting on broad-based shortages of building materials and products. The source of the information was the May survey for the NAHB/Wells Fargo Housing Market Index (HMI).

Why are so many teams suddenly joining eXp Realty?

Inman

Recent months have seen team after team decamping for eXp. To figure out why exactly so many teams are joining eXp at this specific moment, Inman reached out to team leaders across the U.S.

High-end home sales still rising in California, Florida

Housing Wire

Home sales on properties labeled as “expensive” or “high-end” have skyrocketed in California’s Bay Area, Miami and Las Vegas in 2021, and overall purchases of high-end homes in the country jumped 26% year over year during the three months ending April 30, according to a recent study from Redfin.

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How to Prepare For a Home Inspection

Maximum Exposure Real Estate

Home Inspection Preparation How to prepare for a home inspection is a thought that more sellers should consider. Unfortunately, many do not.

Top 10 Coldwell Banker Stories of the Month – May 2021

Coldwell Banker

Extra, extra! Read the top 10 news items that ran in May about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – May 2021 appeared first on Coldwell Banker Blue Matter. Press Release

Here’s how this agent generated $108K on TikTok in 2021 (so far)

Inman

While others balked at TikTok, Atlanta Realtor Glennda Baker saw an opportunity to extend her brand by sharing real estate advice. With 7 million views and $108,000 in GCI in 2021 thus far, she knows a thing or two about working it on TikTok. Here’s how she does it.

Forbearance re-entries making life difficult for servicers

Housing Wire

Servicers’ forbearance portfolio volumes managed to drop one basis point last week to 4.18%, the 13th consecutive week of declines. However, some unfortunate trends are beginning to crystalize.

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Buying a Condo: What to Know When Purchasing Condos

Maximum Exposure Real Estate

Tips For Trouble-Free Condo Buying Are you thinking about buying a condo? What is the best advice when buying a condominium? Start with understanding right away that it is much different than purchasing a single-family home!

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Newsmakers Spotlight: Jeannie and Tim Hamann on Fundraising and Community Building

RIS Media

For Tim and Jeannie Hamann , being part of the community goes beyond running their company, Hamann Real Estate. It’s also about giving back, which they’ve been doing since 2015 through the Tim and Jeannie Hamann Foundation. The Benicia Calif.

Worth a steal! 8 email marketing scripts for your repertoire

Inman

Are you harnessing the power of personalized email marketing? This week, Jimmy Mackin shares the scripts and templates agents need for prospecting, setting appointments, boosting their credibility, building buzz and more.

Fewer people are submitting mortgage applications

Housing Wire

Mortgage applications dropped for the second straight week , this time down 4% for the week ending May 28, 2021, according the Mortgage Bankers Association ‘s weekly mortgage applications survey. This week’s data was compared to mortgage applications from the week of Memorial Day in 2020.

Solid Job Gains in May

Eyes on Housing

Job gains accelerated in May as vaccination rates increased and COVID-19 restrictions lifted. Total payroll employment rose by 559,000 and the unemployment rate decreased to 5.8% in May.

Fannie Mae HomeReady mortgage: 2021 Guidelines

The Mortgage Report

The Fannie Mae HomeReady loan helps low-income buyers get into a house with 3% down. Learn about HomeReady income limits, requirements, and interest rates. Mortgage Products Affordable Housing Fannie Mae HomeReady Mortgage mortgage rates

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No. 1 Keller Williams team in Indiana joins Hergenrother Realty

Inman

With the addition of The Forney Group, eight more agents will be added to HergGroup Indianapolis's ranks, and roughly $70 million in sales volume. Brokerage Select Teams Adam Hergenrother indiana indianapolis keller williams merger Mid-Ohio Valley partnerships teams

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Supreme Court decision on FHFA expected at any time

Housing Wire

A Supreme Court decision which will determine if the Biden administration can fire the Federal Housing Finance Agency (FHFA) director will arrive before the month’s end. The court recently updated its calendar indicating its session will extend through the end of June.

Summer Sun Safety

American Lifestyle

The post Summer Sun Safety appeared first on American Lifestyle Magazine. Health July 4th Safety Tips Summer Vacation Beach summer Sun Sun Safety Tips Vacation

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Anita Springate-Renaud’s winning formula sells city and cottage properties

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Anita Springate-Renaud’s winning formula sells city and cottage properties.

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RE/MAX becomes latest LGBTQ+ Real Estate Alliance partner

Inman

With the new partnership, RE/MAX agents will have access to LGBTQ-focused training about fair housing, diversity and inclusion. Industry News Select LGBTQ housing rights LGBTQ+ Real Estate Alliance Mike Reagan re/max Ryan Weyandt

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Regardless of price, Austin homes still flying off the market

Housing Wire

Austin is still the nation’s hottest housing market, as tech workers continue to flock to the Lone Star State’s capital.

The Pros and Cons of Buying Abandoned Property

American Lifestyle

The post The Pros and Cons of Buying Abandoned Property appeared first on American Lifestyle Magazine. Buying & Selling Fixer Upper Home Buying Homebuying Investment Real Estate Tips

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Private Residential Spending Rises Modestly in April

Eyes on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.0% in April to a seasonally adjusted annual rate of $729.2 billion. Total private residential construction spending was 29.7% higher than a year ago.

Buyer loses $100,000 deposit after refusing to purchase condo

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Buyer loses $100,000 deposit after refusing to purchase condo.

FHFA extends forbearance for rental properties

Housing Wire

The Federal Housing Finance Agency (FHFA) has extended forbearance options for multifamily properties through the end of September. The options to put off debt payments for federally-backed multifamily properties had been slated to expire at the end of June.

How do you know you’re affiliated with the right brand?

Inman

Does your brand offer the tools, resources, and support you need for sustainable business growth, professional development and personal well-being? Consider these questions to determine if it’s supporting you holistically. Agent Sponsored How do you know you’re affiliated with the right brand?

Rates on Development & Construction Loans Continue to Decline.

Eyes on Housing

Builders and developers responding to NAHB’s Survey on Acquisition, Development & Construction (AD&C) Financing continued to report declining interest rates in the first quarter of 2021.