Sat.Sep 11, 2021 - Fri.Sep 17, 2021

Red-hot US housing market begins to cool

Housing Wire

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept.

5 Tips for Making Your Best Offer

Keeping Current Matters

In today’s sellers’ market , standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams.

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Do it the old-fashioned way: Grow your business organically

Inman

You may find a paid lead gen needle in the haystack. However, here are some tips to help you grow your business organically. Agent Sponsored Do it the old-fashioned way: Grow your business organically iron valley real estate real estate marketing

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Mortgage Refinancing Activity Tapers in Latest Month

Eyes on Housing

The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month.

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.

These are the hottest housing markets in America

Housing Wire

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. The report analyzes MLS data from 51 U.S.

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What not to do before buying a house: 7 Mistakes to avoid

The Mortgage Report

Here are 7 things you should never do before buying a house. Follow these best practices to give yourself the best shot at mortgage approval and a low rate. Buying a home First-Time Home Buyers

CPI Growth Slows in August

Eyes on Housing

In August, consumer prices increased at its slowest pace since February 2021. Prices for several travel-related categories declined in August, as the delta variant spreads. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3%

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Mortgage rates still flat at 2.86%

Housing Wire

The average 30-year-fixed mortgage continued to hover around the 2.86% mark for the week ending Sept. 16, according to Freddie Mac ‘s latest PMMS survey. Mortgage rates have been around that mark for roughly two months, leading economists at Freddie Mac to liken it to “Groundhog Day.”

Why It’s Still Safe To Sell Your Home

Keeping Current Matters

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic.

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.

The Meaning of Active Under Contract Explained

Realty Biz

What is Active Under Contract? In some places, active under contract indicates that a contract has been signed but is contingent on certain conditions being met before the sale is finalized. In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS).

Women Make Up 10.9% of the Construction Workforce

Eyes on Housing

The number of women employed in the construction industry grew slightly in 2020, rising to around 1.17 million, while the construction industry lost 587,000 jobs in 2020 when the pandemic hit the economy. Currently, women make up a growing share of the construction employment, up to 10.9%

What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

As the summer comes to an end, several issues are top of mind for everyone: the impact of the Delta variant, the debate over when the Federal Reserve will taper its asset purchases, the situation in Afghanistan, and the federal debt limit and budget debate.

The Truth About Today’s Buyer Demand

Keeping Current Matters

When it comes to the latest news in real estate , there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts.

Keller Williams icon and bestselling author Dave Jenks dies

Inman

Dave Jenks helped lead Keller Williams through a pivotal period of growth, co-wrote two bestsellers and helped scores of real estate professionals build successful careers.

July Single-Family Permit Gains

Eyes on Housing

Over the first seven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 681,949. On a year-over-year (YoY) basis, this is a 29.7% increase over the July 2020 level of 525,623.

The purchase mortgage market continues to pick up steam

Housing Wire

Mortgage loan application volume rebounded from the week prior, increasing by 0.3% for the week ending Sept. 10, according to the Mortgage Bankers Association’s weekly report.

What Is a Property Survey & How to Get One

Point2Homes

Image: Francesco Scatena / Shutterstock.com. Buying a home is often more complicated than you expect. Even if you’re not a first-time homebuyer, it may involve more than you remember, especially if it’s been a while since you last purchased.

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Pacaso backlash draws on amid latest funding round

Inman

Pacaso's new cushy pot of cash and investor backing can't buy away the company's troubles with some vocal protesters located in Northern California.

Number of Bathrooms in New Homes

Eyes on Housing

The Census Bureau’s latest Survey of Construction (SOC) shows changes in the shares of the number of bathrooms and half-bathrooms of single-family homes started in the United States in 2020.

Bidding wars – the scourge of buyers – slowed in August

Housing Wire

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. In August, 58.8%

Pros and Cons of We Buy Houses Flipping Companies

Maximum Exposure Real Estate

Selling Your Home to a Real Estate Investor Do you know the pros and cons of selling your home to one of the we buy houses flipping companies?

Billion-dollar Bellevue brokerage joins ERA Real Estate

Inman

One of Bellevue, Washington's oldest and largest family-owned brokerages RSVP Real Estate has joined ERA, according to a joint announcement on Thursday.

Custom Home Building Share Declines

Eyes on Housing

According to data from the Census Bureau’s Survey of Construction (SOC), the custom home share decreased to 17.8 percent of all single-family homes started in 2020—the lowest the annual custom home share has been since the 2005 re-design of the SOC.

How demographics shaped the housing market in 2021

Housing Wire

As we come to the end of 2021, we also approach the end of another year living with COVID-19. The year 2020 was one of the most chaotic times in recent history.

Showings Are Down

BubbleInfo

Home buyers don’t have much – if any – control over the process, which leads to frustration and disappointment. They don’t have any way to cause more homes to list for sale, and the only way to eliminate the competition is to out-bid them, which can be even more harrowing.

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Freshening up a listing? 14 ways to boost a home’s buyer appeal

Inman

Details matter, especially when you consider just how much buyers are shelling out for their dream home. Here are some must-do changes, fixes and upgrades sellers should spend some time addressing before putting their home on the market.

Price Index for Inputs to Residential Construction Declines in August

Eyes on Housing

Prices paid for goods used in residential construction ex-energy decreased 0.7% in August (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics.

Pacaso’s plans to “democratize” second-home ownership

Housing Wire

Real estate startup Pacaso announced Tuesday that it has raised $125 million in its recent Series C funding round, giving it a $1.5 billion valuation. This announcement comes less than six months after the company raised $75 million , bringing its total amount of capital raised to $215 million.

3 Effective Real Estate Marketing Techniques for 2022

Realty Biz

It’s no secret the COVID-19 pandemic has had a major impact on the real estate market and other industries. However, the changes that the pandemic has brought to the market aren’t necessarily bad.