Sat.Jan 30, 2021 - Fri.Feb 05, 2021

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5 tips for buying a home in a seller’s housing market

Housing Wire

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. Of course, nothing’s impossible. If buying a home is on your radar for 2021, there are still ways to do it. You’ll just need a little forethought and some good old creativity, and the American Dream could very well be within reach.

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Why Owning a Home Is a Powerful Financial Decision

Keeping Current Matters

In today’s housing market, there are clear financial benefits to owning a home: increasing equity , the chance to build your net worth , and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater financial security and savings. 1.

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7 Tax Benefits of Owning a Home: A Complete Guide for Filing This Year

Realtor.com

Tijana Simic / Getty Images What are the tax benefits of owning a home? Plenty of homeowners are asking themselves this right around now as they prepare to file their taxes. You may recall the Tax Cuts and Jobs Act—the most substantial overhaul to the U.S. tax code in more than 30 years—went into effect on Jan. 1, 2018. The result was likely a big change to your taxes, especially the tax perks of homeownership.

Loans 145
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Canadian Households Now Need Up To 34 Years of Savings For A Downpayment

Better Dwelling

The first hurdle to buying a home in Canada is getting much higher – saving for a downpayment. A National Bank of Canada (NBC) analysis shows it took a record number of months to save a downpayment in Q4 2020. Households need to save for the longest period in history, passing even the late 1980s […]. The post Canadian Households Now Need Up To 34 Years of Savings For A Downpayment appeared first on Better Dwelling.

Banks 143
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Why mortgage lending standards will ease in 2021

Housing Wire

Economists and housing experts say mortgage lending standards will likely loosen in 2021, despite the increased risk of delinquencies ahead. Such a scenario illustrates the growing disparities in the U.S. housing market. As one struggling group of homeowners braces for the end of forbearance and navigates COVID-19-related economic shocks, another segment is better positioned than ever to scoop up properties that become available.

Lending 545
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Thinking about Building a New Home? Your Agent Is Critical. [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. A real estate professional is an expert who can advocate on your behalf throughout the process when building a home. Agents help you understand key steps, like choosing upgrades and managing negotiations, while staying within your budget from start to finish. If building is the right choice for you, work with a trusted real estate professional who can help you successfully navigate the path to your dream home.

Agents 265

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Bank of Canada Data Shows They’re Past Peak Mortgage Bond Buying

Better Dwelling

Canada’s central bank has finally stopped juicing the mortgage market… or at least it’s taking a break. Bank of Canada (BoC) data shows December was the first ever drop in the amount of Canada mortgage bonds (CMBs) held. It’s too early to tell if it’s just temporary, or if it’ll start again. If the buying […]. The post Bank of Canada Data Shows They’re Past Peak Mortgage Bond Buying appeared first on Better Dwelling.

Banks 141
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UWM returns to the Super Bowl with new ad

Housing Wire

United Wholesale Mortgage , now a publicly traded company, will return to the Super Bowl this year. The wholesale lender will be running a new Super Bowl commercial spotlighting independent mortgage brokers and its website FindAMortgageBroker.com for a second straight year. See the video below: “We will always find ways to elevate and shine a light on independent mortgage brokers, and what better way to do this than during the Super Bowl where millions of Americans are tuned in to watch the game

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Do I Really Need a 20% Down Payment to Buy a Home?

Keeping Current Matters

Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there’s still a common myth that you have to come up with 20% of the total sale price for your down payment.

VA loan 256
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The ‘Cloffice’ Is the New Cubicle: Expert Inspiration To Put That Closet To Work, Beautifully

Realtor.com

Patrick Wong/Houzz The dining table was fine for a while. We were supposed to be working from home for only a few weeks. But then the weeks turned into months, and now the months have turned into (gasp!) nearly a year. So we found refuge wherever we could—behind closed bedroom doors, out on the patio, or even inside our closets. And so the “cloffice” was born.

Design 134
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Buying A Typical Home In Canada? Cities Now Require Incomes Of Up To $230,000

Better Dwelling

Mortgage rates might be low, but nosebleed home prices still make payments difficult. National Bank of Canada (NBC) data shows the household income required to carry a mortgage on a typical home in Q4 2020. The numbers in some regions are staggering, before even considering downpayments. In Toronto or Vancouver, the middle class can no […]. The post Buying A Typical Home In Canada?

Banks 136
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Mortgage rates continue to stay low at 2.73%

Housing Wire

The average mortgage rate for a 30-year fixed loan remained unchanged last week from the week prior at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. With mortgage rates hovering below 3% for over six months now, Sam Khater, Freddie Mac’s chief economist, said this may be a sign of an economy still struggling. “This rate environment is advantageous for those who are looking to refinance in order to strengthen their financial position,” Khater said. “While ma

Mortgages 542
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Features men and women home buyers really want

Zolo

Sellers will quickly realize that there is very little space to highlight the best features of your home, so it's best to choose wisely and focus on the features homebuyers really want. The post Features men and women home buyers really want appeared first on Zolo.

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Home Buyers Have It Tough as Nation Faces Unprecedented Housing Shortage

Realtor.com

Ariel Skelley/Getty Images It’s no news to house hunters that the pickings are slim in today’s real estate market. While that has been true for several years, the pandemic has made the situation worse as virus-wary home sellers have pulled their properties off the market, resulting in sky-high prices and out-of-control bidding wars for the remaining stock.

Sales 133
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Should I Pay Off My Mortgage Early: See The Pros and Cons

Maximum Exposure Real Estate

Should I Pay Off My Mortgage Many people ask themselves, “should I pay off my mortgage?” As a homeowner, the idea of having your home paid off early is likely enticing. Who wants to pay a mortgage every month if they don’t have to? But, as with every big financial decision, it is essential to […]. The post Should I Pay Off My Mortgage Early: See The Pros and Cons appeared first on Massachusetts Real Estate Exposure.

Mortgages 131
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UWM clears $1.33B in profits in Q4 2020

Housing Wire

United Wholesale Mortgage originated more than $54 billion in mortgages and generated more than $1.3 billion in net income during the fourth quarter, the company revealed on Wednesday. The wholesale lender’s parent company reported $54.7 billion in originations, a 71% increase from the $31.9 billion the Michigan-based lender originated in the fourth quarter in 2019.

Mortgages 517
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Proptech in 2021: Trends to Watch and Tech to Adopt

Swiftlane

What Is Proptech and Why Are Companies Developing It? Proptech, at its simplest, means property technology. If that definition seems broad, that’s because it is. Proptech can refer to any technology that uses automation, AI, IT, IoT (we can go on) that is developed for the property industry. That means commercial real estate, multifamily housing, […].

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First-Time Home Buyers Find a Tough Market—Here’s What’s Different This Year

Realtor.com

Westend61/Getty Images Starry-eyed first-time home buyers are getting a rude awakening to the realities of today’s high-stakes home-buying market. The coronavirus pandemic supercharged the housing market, as buyers urgently seeking more space flooded the market, lured by low mortgage rates. That’s on top of the usual dynamics of household expansion: Many millennials hit 30 and wanted homes that could accommodate a growing family.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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Long-Delayed Greenpoint Park Still On Hold While Site Serves as MTA Parking Lot

Brownstoner

Intransigent transit officials have refused to move their emergency vehicles off of a plot of land in Greenpoint to a planned new facility next door, further delaying a promised park along Newtown Creek some 16 years in the making, according to local pols. “We are still faced with the MTA dragging… Read More > The post Long-Delayed Greenpoint Park Still On Hold While Site Serves as MTA Parking Lot appeared first on Brownstoner.

Land 130
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Urban home values growing faster than ‘burbs in Midwest

Housing Wire

A Zillow report released Thursday shows urban home values in Midwest cities — namely, St. Louis, Cincinnati, Cleveland, Kansas City, Columbus and Indianapolis — have risen faster than suburban home values over the past several months. Urban housing markets in the Midwest are generally more affordable than urban areas in other areas of the country. With the COVID-19 pandemic forcing millions to work from home, Zillow reported that demand is supercharging home values in those kinds of affordable a

Brokerage 514
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Several Realogy Members Recognized as RISMedia’s 2021 Real Estate Newsmakers

RIS Media

Realogy Holdings Corp. recently announced that more than 40 of its leaders, affiliated agents and broker/owners were recognized on RISMedia’s Real Estate Newsmakers list, represented across multiple categories. The company also celebrates the induction of Sherry Chris, president and CEO of Realogy Expansion Brands portfolio, to the 2021 Newsmakers Hall of Fame for her achievements driving the strategic growth of the Better Homes and Gardens Real Estate and ERA brands. “Realogy’

Branding 127
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Superbly Snug, 5 Cozy Living Room Decor Ideas That Are Perfect for Lounging

Realtor.com

Paul Rollis/Houzz With six more weeks of winter still ahead (thanks for nothing, Punxsutawney Phil !), what better time to make your living room the cozy haven it’s meant to be? If your great room could use some comfort and warmth, never fear—we’re here, as always, to provide you with much needed decor therapy. We scrolled through what’s trending on Instagram (so you don’t have to) and picked out five living room looks that are so cozy you’ll think you’ve been trans

Design 126
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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What To Consider Before Buying an Older Home

Realty Biz

There is something so unique and wonderful about older homes. Not only do they have character, but they also have a story. Yet, while they are charming and beautiful, they also have some disadvantages that come with the age. To make sure that you are making the right decision for you and your family, we have compiled a few pointers on what to consider before buying an older home.

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Homebuyers put pets first when shopping for homes

Housing Wire

According to a recent Realtor.com survey , almost 95% of homebuyers consider their pets when purchasing a home. Yes, you read that right. Purchasing your first home is an exciting time. Whether you’re shopping for a fixer-upper or a home with a modern exterior, there’s nothing like finally being able to check the “buy a house” box off your bucket list. .

Mortgages 479
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Expectations for Housing Availability Continue to Improve

Eye on Housing

Buyers’ perceptions about the availability of homes in the market are showing significant improvement, according to the latest Housing Trends Report. In the final quarter of 2020, 37% of prospective buyers expect their search for a home to get easier in the months ahead, while 54% expect it will be harder or stay the same. A year earlier, far fewer.

Marketing 125
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AI can now spot fake landlords and rental scams

The American Genius for Real Estate

(REAL ESTATE TECHNOLOGY) False rental listings have risen so Scamlord.ai is helping renters by offering education and guidance on how to avoid becoming a target of rental fraud. The post AI can now spot fake landlords and rental scams appeared first on The American Genius Real Estate.

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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

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NFL Cribs: Checking Back In on the Homes of the Kansas City Chiefs

Realtor.com

realtor.com | Getty Images They’re back. The Kansas City Chiefs smashed the hopes of the Buffalo Bills to reach Super Bowl LV. Now they’re looking for an elusive repeat in the big game. And because the Chiefs are return visitors to the spectacle of a Super Bowl, we’ve chronicled their housing histories —right around this time last year, in fact.

Land 124
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Selling your home? Here’s how to do it fast!

Housing Wire

If you’re selling your home, you probably don’t want it to be a slow process. . Not only does it delay your goals of moving on or buying that new property, but it can also hurt your profits in the long run. Fortunately, there are some easy ways to prevent all that. Want to make sure your home moves quickly? These six strategies can help.

Staging 473
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Where Does Keanu Reeves Live? What We Know about the Actor’s Hollywood Home

Fancy Pants Homes

Call him Neo, Mr. Anderson, John Wick, or Baba Yaga — Keanu Reeves is so good at what he does that it’s easy to forget that he’s none of these characters. The reality is that no, Keanu Reeves is not Neo, he’s not John Wick, and he doesn’t live in a stylish home on the East Coast. . Despite Reeves’ well-known aversion to the spotlight and the paparazzis, he lives in the ultimate celebrity Mecca – Los Angeles.

As-is 124
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We Buy Houses For Cash Companies Reviewed

Maximum Exposure Real Estate

What to Know About Investors That Buy Houses For Cash Are you wondering what the deal is with we buy houses for cash companies? Have you seen the flyers around town on telephone poles that offer to purchase your home for cash quickly? Maybe you have gotten numerous mailings asking to buy your house for […]. The post We Buy Houses For Cash Companies Reviewed appeared first on Massachusetts Real Estate Exposure.

Investor 125
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How Enriching the Lives of Your Clients Leads to Greater Sales Success

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.