Sat.Dec 12, 2020 - Fri.Dec 18, 2020

Mortgage rates hit another record low at 2.67%

Housing Wire

The average U.S. mortgage rate for a 30-year fixed loan fell four basis point this week to 2.67% – the lowest rate in the Freddie Mac ’s Primary Mortgage Market Survey’s near 50-year history. This week’s mortgage rate broke the previous record set on Dec.

The Holidays Aren’t Stopping Homebuyers This Year

Keeping Current Matters

Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer.

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Top Housing Experts Share Market Predictions During NAR Real Estate Forecast Summit

RIS Media

The National Association of REALTORS® (NAR) recently held its second annual Real Estate Forecast Summit, featuring several economists, including NAR Chief Economist and Senior Vice President of Research Lawrence Yun.

How to Have an Amazing Socially Distant New Year’s Eve

Point2Homes

Image: phive / Shutterstock.com. At this point, we’re all more than ready to celebrate the end of the year. But in keeping with 2020’s theme, this New Year’s will be slightly different from normal. Instead of parties and galas and get-togethers, we’ll be spending New Year’s Eve at home.

2021 housing market outlook: No signs of slowing

Housing Wire

2020 has been a remarkably strong year for the housing market. Sales volume has remained elevated compared to last year since about mid-June, home values are growing more quickly than they have in 15 years and homes are typically selling a full three weeks faster than a year ago.

3 Reasons to Be Optimistic about Real Estate in 2021

Keeping Current Matters

This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few.

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Real costs of owning a home and how much can you afford?

Zolo

How to be realistic when determining your home purchase price range. The post Real costs of owning a home and how much can you afford? appeared first on Zolo. Home Buying

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Housing 2020 recap: Demographics popped the housing bubble boys

Housing Wire

What a crazy year we have all been through. Last year, I visited Japan, London, Puerto Rico, Oregon and Las Vegas twice. This year I had fewer visits than that to my local barber and I was ecstatic to be there. This was the year we relearned to appreciate small things.

Homeowner Equity Increases an Astonishing $1 Trillion

Keeping Current Matters

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: S.

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Revisit the 10 Most Beautiful Homes From Your Favorite Christmas Movies

Fancy Pants Homes

Another year flew by, and here we are again, counting down the days until Christmas. It’s been a year filled with ups and downs, but we’re not here to force you to revisit them.

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The average down payment on a house & when to put down more or less money

The Morgtage Report

What's the average down payment on a house? In 2019, it was way lower than 20%. In fact, the average down payment is just 6-12%. Learn how that's possible. Buying a home Conforming Mortgages FHA Home Buying First-Time Home Buyers Mortgage Products Mortgage Strategy

The next coronavirus front: evictions and foreclosures

Housing Wire

The coronavirus is raging. Eleven million workers are unemployed.

5 Steps to Follow When Applying for Forbearance

Keeping Current Matters

If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help.

5 Last-Minute Gifts for Real Estate Agents

RIS Media

The holidays are here and in full swing. You may be looking for a last-minute gift for the real estate agent in your life. Here are some top gift ideas to help agents grow their business or to help them relax after a long day. Real Estate Books.

Preparing for a 2021 Home Purchase

American Lifestyle

The post Preparing for a 2021 Home Purchase appeared first on American Lifestyle Magazine. Buying & Selling Finance Finance Tips Financial Advice Home Advice Home Buying Home Loan Mortgage Real Estate Real Estate Agent Refinancing Seller Selling Zillow

Single-family housing starts reach highest level since 2007

Housing Wire

Single-family housing starts continued their seven-month climb in November, coming in at the highest level since 2007, according to the Census Bureau. Housing starts rose 1.2% in November compared to October and are up 12.8% year over year to a seasonally adjusted annual pace of 1.58 million starts.

2021 Market Forecast: What You Need to Plan for Success [LIVE WEBINAR]

Keeping Current Matters

The post 2021 Market Forecast: What You Need to Plan for Success [LIVE WEBINAR] appeared first on Keeping Current Matters. Webinars

Economic & Housing Experts Predict Post-Pandemic Rebound

Real Trends

Expect the post-pandemic economic rebound, improving job conditions and stable interest rates to continue in 2021, according to a survey of more than 20 top U.S. economic and housing experts. Markets/Economy

How Top Producers Spend More Time Selling

RIS Media

Focusing on the most critical part of the real estate cycle and using mobile-friendly tech solutions enables real estate professionals to devote more time to sales. Top real estate producers achieve their success by devoting more of their time to selling.

Forbearance loans decrease, but new requests are highest since August

Housing Wire

The total number of loans in forbearance decreased from 5.54% to 5.48% as of Dec. 6, according to the Mortgage Bankers Association. Fannie Mae and Freddie Mac loans in forbearance decreased to 3.26% – an 8-point improvement. Ginnie Mae loans in forbearance decreased 21 points to 7.68%.

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Canadian Household Debt To Income Surges, Previous Quarter Revised Higher

Better Dwelling

Canadians didn’t see their debt problems improve nearly as much as previously thought. Statistics Canada (Stat Can) data shows household debt to income made a big quarterly jump in Q3. The rise was accompanied by a substantial upward revision of the previous quarter.

2021 Real Estate Market Predictions

Real Trends

Historically, the real estate market sees an uptick in new listings, total sales and overall traffic to search portals during the spring season (March-June), and a steady decline in those same figures in the fall months (September-December). However, in 2020 we’ve seen the exact opposite.

How to get a first-time home buyer grant or loan: 2020 programs & rules

The Morgtage Report

Learn how to qualify for first-time home buyer grants and loan programs that make home buying affordable. Buying a home First-Time Home Buyers Mortgage Products Mortgage Strategy

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The looming danger facing the affordable housing industry

Housing Wire

The economic hardships wrought by the coronavirus pandemic will be long-term, and millions of renters and homeowners alike could take a serious hit in the upcoming months, affordable housing experts said on a recent webinar hosted by Freddie Mac.

Fitch, Another Big Three Credit Agency, Forecasts Falling Canadian Real Estate Prices

Better Dwelling

Canadian real estate prices just got another negative forecast from a Big Three credit rating agency. Fitch Ratings released its Global Housing Outlook this month, which contained a forecast for Canadian home prices.

Movers & Shakers: The Co-Own Co., Coldwell Banker, ATTOM, LGBTQ+ Real Estate Alliance, and Offerpad

Real Trends

News about executive appointments, new business models and real estate industry innovation. business People

Mortgages for seniors: How to buy a home or refinance in retirement

The Morgtage Report

As a senior, you can likely buy a home or refinance using social security income, retirement funds, and other assets. Here's how to do it. About Mortgages Buying a home

Mortgage applications rebound as mortgage rates drop

Housing Wire

After two weeks of decreases, the Mortgage Bankers Association reported that mortgage applications increased 1.1% during the week ending Dec. 11 amid mortgage rates that hit a new survey low.

4 Ways to Capitalize on Testimonials

RIS Media

Client testimonials can be highly effective marketing endorsements. In a service-oriented field like real estate, testimonials give people an important glimpse of what it will be like to work with you and what level of service you provide.

Real Estate Agents: Be fearless in 2021

Easy Agent Pro

The difference between fearlessness and bravery is that “… fearlessness is a state of being and bravery is a choice,” according to Tanner Christensen at creativesomething.net. “… you can’t control your fear response. Bravery, however, is the choice to act despite the fear.”.