Housing Wire

AUGUST 7, 2020

After two consecutive months of advances , Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ housing-related attitudes, intentions and perceptions, fell 2.3 points in July to 74.2. Year over year, the HPSI is down 19.5 points but still sits above April’s near-record low. According to the report, 53% of Americans now believe it is a good time to buy a home – an 8% decrease from June’s 61%.

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Keeping Current Matters

AUGUST 5, 2020

We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. Here’s a breakdown of why it’s a great time to capitalize on equity gain in today’s market.

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Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. Given the current fundamentals, real estate sales should remain strong in most U.S. houisng markets for the foreseeable future.

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Better Dwelling

AUGUST 2, 2020

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Bank Of Canada Pumping Billions Into Mortgage Liquidity To Prop Up Real Estate Canada’s central bank has pumped billions into the mortgage market, in attempt to prop it up. As of July 22, the Bank of Canada held $7.95 billion in […]. The post This Week’s Top Stories: Bank of Canada Using Billions To Prop Up Mortgages, Toronto and Vancouver New Condo Sales Plummet appeared first on Better Dwelling.

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Banks Sales Mortgages Marketing 145

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

AUGUST 6, 2020

Ellie Mae announced Thursday it entered a definitive agreement to be acquired by Intercontinental Exchange for approximately $11 billion. The move comes 15 months after Thoma Bravo , a private equity investment firm, announced it would acquire Ellie Mae in an all-cash transaction of $3.7 billion. “We are excited to be joining the Intercontinental Exchange family and having the opportunity to work closely with Simplifile and MERS in helping our industry to realize the true digital mortgage,

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Toronto Realty Blog

AUGUST 6, 2020

TorontoRealtyBlog. My goodness, remember this blog post? The Friday Rant: When Will People Say “Enough?” That was March of 2019, yet it feels like yesterday. 95 comments from readers ensued, and they were mixed, to say the least. Then again, I suppose choosing a feature photo of the Titanic sinking into the abyss didn’t help the snark-level I demonstrated that day.

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Better Dwelling

AUGUST 4, 2020

Canadians were seeing credit defaults rise in almost every segment, before the pandemic. Equifax data obtained from the CMHC shows rising credit delinquencies in Q1 2020. The increase was most pronounced in auto and credit card loans. However, all segments but mortgages at a national level are climbing. HELOC Delinquencies Rise To Highest Level Since […].

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Housing Wire

AUGUST 5, 2020

Last week, we published a story about United Wholesale Mortgage (UWM) offering 15-year fixed mortgage rates as low as 1.875% for purchases and refinances. The article drew mixed reactions, with some calling the announcement a “nice PR move” that doesn’t factor in the broker’s compensation and other issues. Others just wanted more details. For the sake of transparency, we wanted to report that UWM is not the only lender offering rates below 2%.

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Keeping Current Matters

AUGUST 7, 2020

Some Highlights. A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates , and staying home has enabled some to save more money to put toward a down payment. Reach out to a local real estate professional today if your needs have recently changed and you’re ready to make a move this year.

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Mortgages 313

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Development

Marco Santarelli

AUGUST 2, 2020

Let’s take a look at the current state of the NYC real estate market amid the coronavirus pandemic. On the page, you'll find the latest housing market reports for NYC and also for the state of New York. Let us first find out the latest news about the housing market of New York City, which has been the epicenter of this pandemic. Our main focus would be on the last month's housing prices and sales statistics in NYC.

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The Mortgage Report

AUGUST 4, 2020

Buying a house moves fast, so preparation is key. Here are 8 steps to prepare to buy a house, no matter how close you are to making an offer.

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Closing Mortgages 142

Housing Wire

AUGUST 5, 2020

Living in a good school district is one of the biggest factors for homebuyers, even if they’re empty nesters. The National Association of Realtors found in its Profile of Home Buyers and Sellers in 2019 that 26% of all homebuyers said the quality of schools was important when finding a new home. And typically, a better school district equals higher resale value.

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Closing As-is Marketing 515

Keeping Current Matters

AUGUST 4, 2020

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively engaged in the process to find a home.

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Realtor.com

AUGUST 6, 2020

stockstudioX / Getty Images Buying a home is never a simple undertaking. Even at the best of times, house hunting comes with lots of built-in stressors, from mortgage approvals to bidding wars and beyond. But house-hunting during the coronavirus pandemic? That changes the game entirely. By the power of coincidence and bad timing, my home search started almost exactly as the crisis hit hard in the United States.

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Eye on Housing

AUGUST 6, 2020

Despite low interest rates, a supply shortage coupled with rising home prices contributed to a decline in housing affordability in the second quarter of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 59.6 percent of new and existing homes sold between the beginning of April and end of June were affordable.

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Housing Wire

AUGUST 6, 2020

Average U.S. mortgage rates for a 30-year fixed mortgage fell to an all-time low of 2.88% this week, the eighth time in 2020 the weekly rate has set a record in a Freddie Mac series that goes back almost five decades. It fell from 2.99% last week , Freddie Mac said in a report on Thursday. The average 15-year rate fell to 2.44%, the lowest in almost 30 years of data, according to the mortgage financier.

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Mortgages Loans Finance Marketing 512

Keeping Current Matters

AUGUST 3, 2020

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential real estate market continues to show great resilience.

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Realtor.com

AUGUST 3, 2020

For nearly 16 years, Beverly Willett lived with her husband and two daughters in what was her dream home: a four-story, 4,000-square-foot brownstone in Brooklyn, N.Y. But sometimes when life changes, dreams do, too. By 2013, Beverly was a single woman whose eldest had moved out and whose youngest was about to head off to college—and she found herself toying with downsizing.

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Brownstoner

AUGUST 5, 2020

Editor’s note: Welcome to the 79th installment of Brownstone Boys Reno, a reader renovation diary about renovating a brownstone in Bed Stuy. See the first one here. They also blog at www.thebrownstoneboys.com. One thing is for certain in an unrenovated historic Brooklyn home, it's leaky. And we're not talking about the… Read More > The post Brownstone Boys: How Green Can You Go?

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Renovation 138

Housing Wire

AUGUST 7, 2020

The Department of Housing and Urban Development said it was resuming in-person inspections of public housing units, though families concerned about the spread of COVID-19 can decline to have a HUD worker in their home. The so-called REAC inspections, which stands for Real Estate Assessment Center, are aimed at ensuring HUD properties like rental housing for low-income families, the elderly, and persons with disabilities “meet federal standards of health, safety, and accessibility,” HUD said.

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Better Dwelling

AUGUST 5, 2020

Canadian real estate markets are seeing mortgage delinquencies fall… just not in Toronto or Vancouver. Equifax data crunched by the CMHC shows the national rate of delinquencies fell in Q1 2020. Breaking down the numbers, this trend is stronger in some real estate markets than others. Montreal for instance, is seeing their delinquency rates drop […].

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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.

Sales

Marco Santarelli

AUGUST 1, 2020

Let’s take a look at the current state of the Denver real estate market amid the coronavirus pandemic. Then we’ll discuss the investment opportunities in Denver for real estate investors. Shortage of housing for a growing population, a strong economy & increasing jobs have been fueling the demand in the Denver housing market for the past many years.

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Marketing Investor Sales Residential 137

Realtor.com

AUGUST 6, 2020

Westend61/Getty Images The already scalding-hot housing market is likely to heat up even more. Mortgage interest rates continued their downward descent, hitting yet another record—largely thanks to the pandemic, and the resulting economic downturn, dragging on. Rates fell to just 2.88% for 30-year, fixed-rate loans in the week ending Aug. 6, according to Freddie Mac.

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Mortgages Marketing Investor Loans 133

Housing Wire

AUGUST 6, 2020

After announcing in its second-quarter earnings that it plans to expand, eXp World Holdings is officially launching in five new countries. By the end of 2020, the company said it plans to expand its real estate operations in France, India, Mexico, Portugal and South Africa. Already, eXp has agents in the U.S., Canada, the United Kingdom and Australia.

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Technology Agents As-is Marketing 491

Better Dwelling

AUGUST 7, 2020

The unemployment shock from the pandemic is still working its way around the country. Government of Canada (GoC) data shows Canada Emergency Response Benefit (CERB), the unemployment benefit sparked by widespread workplace closures due to the pandemic, is seeing new applications slow in growth as of the week of August 2. The economy is starting […].

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Brokerage

Fancy Pants Homes

AUGUST 2, 2020

The Palm Springs area was a crazy popular celeb destination in the 1950s and ’60s. Frank Sinatra had his own place in Rancho Mirage, with Dean Martin and Marilyn Monroe each having vacation homes in Palm Springs. Other notable celebrities of the times like Ginger Rogers, Lucille Ball and Desi Arnez all had homes nearby. So there’s no surprise that the mid-century home built for Bing Crosby and his second wife, Kathryn Grant — shortly after their marriage in 1957 — was set

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REM Online

AUGUST 4, 2020

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Ontario’s Bill 184 poses risks to honest landlords, sellers and purchasers. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction.

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Agents 130

Housing Wire

AUGUST 7, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. Ubitquity , developer of a blockchain-secured platform for real estate and title recordkeeping, has announced a new partnership with Rainier Title.

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