Sat.Nov 20, 2021 - Fri.Nov 26, 2021

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Don’t Believe Everything You Read: The Truth Many Headlines Overlook

Keeping Current Matters

There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we’ll continue to see a rash of troublesome headlines over the next few months.

Mortgages 221
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Will Omicron variant stop first Fed rate hike?

Housing Wire

Life comes at you fast. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this? In this type of economic environment is it even possible for mortgage rates to get to 4% and can the Federal Reserve really hike rates in an aggressive fashion?

Mortgages 536
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Canadian Residential Real Estate Now Worth Over $6.1 Trillion, More Than 3x GDP

Better Dwelling

Canadian housing is far outpacing the growth of its economy, shows government stats. That’s what 2020 home assessment values show, provided to us by Statistics Canada (Stat Can). Home prices added billions in value last year, as you might have guessed. What you may not know is Canadian homes have added so much value it’s […]. The post Canadian Residential Real Estate Now Worth Over $6.1 Trillion, More Than 3x GDP appeared first on Better Dwelling.

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A Feast for the Eyes: 5 Stylish Dining Rooms

Sotheby's International Real Estate

Whether hosting a quiet, casual weeknight meal or a formal fête for a crowd, the dining room is an essential space in the inviting modern home. From Central Park West to Santa Barbara, these dining rooms encourage everyone to gather at the table in style. Ocean View Villa. Santa Barbara, California | Maureen McDermut, Sotheby’s International Realty – Montecito – Coast Village Road Brokerage.

Brokerage 140
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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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4 Ways Homeowners Can Use Their Equity

Keeping Current Matters

Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic , homeowners gained an average of $51,500 in equity over the past year. If you’re looking for the best ways to use your growing equity , here are four options: 1.

Equity 248

More Trending

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Canada’s Recent Immigrants Are Unhappy With Housing After Real Estate Prices Soar

Better Dwelling

Canada has long been thought to be a welcoming hub for immigrants but not when it comes to housing or wages. Statistics Canada (Stat Can) released its Housing Experiences survey this morning. The study looks at how Canadians of various demographics felt about housing in 2018. Most are happy but it appears to be older […]. The post Canada’s Recent Immigrants Are Unhappy With Housing After Real Estate Prices Soar appeared first on Better Dwelling.

Mortgages 141
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Benefits of Listing Your Home During the Holidays

Coldwell Banker

Serious buyers aren't putting their plans on hold during the holidays, so why postpone your plans? The post Benefits of Listing Your Home During the Holidays appeared first on Coldwell Banker Blue Matter.

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Reasons To Hire a Real Estate Professional [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Whether you’re buying or selling , there are many perks that come from working with a real estate advisor. Real estate professionals are experts at navigating all aspects of the buying and selling process, including negotiating on your behalf. We can also explain today’s market and break down what it means for you. Don’t go at it alone.

Agents 238
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How to help homeowners make the most of home equity

Housing Wire

As home equity reached another record high this year, mortgage companies have a big opportunity to help homeowners understand how to better manage or leverage their home’s equity to improve their housing and overall financial outlook. Even as rates are slowly beginning to increase, cash-out refinancing options are still a relevant and potentially beneficial option for many as the amount of equity in homes reaches new levels.

Equity 414
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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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Bon Appétit! 5 Homes with Eye-Catching French Ranges

Sotheby's International Real Estate

With designs reminiscent of vintage stoves in European homes, French ranges—from brands like La Cornue and Lacanche—the former designed in early-20th-century Paris by Albert Dupuy, the latter named after the small village in Burgundy—add a dose of timeless luxury to any kitchen. Southampton’s Linden. Southampton, New York | Harald Grant & Bruce Grant, Sotheby’s International Realty – Southampton Brokerage.

Branding 138
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Easy Ways to Prepare for Overnight Guests

Coldwell Banker

Make them feel welcome by treating them the way you’d want to be treated in someone else’s home. The post Easy Ways to Prepare for Overnight Guests appeared first on Coldwell Banker Blue Matter.

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How Smart Buyers Are Approaching Rising Mortgage Rates

Keeping Current Matters

Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% for full year 2022.”.

Mortgages 226
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Mortgage rates remain stuck at 3.10%

Housing Wire

Mortgage rates remained at 3.10% in the week ending Nov. 24, according to the latest Freddie Mac PMMS mortgage report. A year ago at this time, the average 30-year fixed-rate loan averaged just 2.72%. Sam Khater, Freddie Mac’s chief economist, said interest rate volatility has been low, despite the noise around the economy, inflation, and monetary policy.

Mortgages 433
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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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The New Gold Rush: Here Are the Top 10 Cities Job Seekers Are Now Flocking To

Realtor.com

Realtor.com / Getty Images Everyone by now has heard of the “Great Resignation.” Workers all over the country—whether burned out, fed up, or just experiencing serious post-pandemic wanderlust—have decided now’s the time to finally call it quits. However, there’s another transformative workforce trend also emerging, one that may have an even bigger long-term impact.

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Matt Damon Sells Zen-Inspired L.A. House for $18 Million

Fancy Pants Homes

After a year-long search, Matt Damon has finally found a buyer for his luxurious Los Angeles abode. The Los Angeles Times reports that the Oscar-winning actor has sold his Pacific Palisades home to TV executive Ann Sarnoff (the CEO of Warner Bros.) for $18 million. The sale puts an end to Damon’s ties to the City of Angels, as the Good Will Hunting actor and wife Luciana Bozán Barroso have long moved their family to New York.

Design 126
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Canadian Real Estate Bought By Investors Doubled, Odds of A Correction Rise: BoC

Better Dwelling

Great news! The odds of a housing correction are soaring and people might lose a lot of cash — but the banks will be fine. That was a key takeaway from Bank of Canada (BoC) deputy governor Paul Beaudry today. Seriously. In a speech to the OSC, the central bank warned Canadian real estate has […]. The post Canadian Real Estate Bought By Investors Doubled, Odds of A Correction Rise: BoC appeared first on Better Dwelling.

Investor 126
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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

A shortage of affordable starter homes is thwarting aspiring first-time homebuyers and fueling inflation in home prices. At the same time, many urban and rural communities are struggling for stability and vitality. It’s a fact: the homeownership gap between Black and white households is wider now than when the Fair Housing Act was passed in 1968. The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes

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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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Clear the Air: The Best Air-Purifying Plants for Your Home This Holiday Season

Realtor.com

Photos via Instagram by noirplantclub / myplant / lushlanecottage Now is the time of year when we all tend to hunker down inside to gather—and eat—with friends and family. And while cooking holiday feasts can fill your home with deliciously warm aromas, it can also serve up some unwanted byproducts. Over the years, numerous studies have shown just how harmful cooking indoors can be.

As-is 119
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One of Bel-Air’s Most Opulent Homes Hits the Market

Realty Biz

Behind hand crafted iron gates, the circular drive of Il Sogno delivers you to the garages, and front entrance to Il Sogno (Photo – Jim Bartsch). Somewhere out there a dreamer enthralled by the melancholy of a bygone era is waiting for this story. A Bel-Air mansion, Il Sogno , which was previously the home of Hollywood and TV star Yvette Mimieu, is on the market for $39,500,000. .

Marketing 117
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Canada’s Real Estate Bubble Is Getting Even More Irrational: US Federal Reserve Data

Better Dwelling

Canadian real estate buyers are getting more irrational, says the world’s biggest central bank. The US Federal Reserve (The Fed) published its Q2 2021 exuberance index recently. The index, considered a “smoking gun” for bubbles, shows Canada is well into a real estate bubble. Researchers say markets that become exuberant will experience a correction in […].

Banks 121
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Gay, disabled ex-employee sues loanDepot for discrimination

Housing Wire

Anthony Hsieh, founder and CEO of loandepot. A former loanDepot employee has filed a lawsuit against the company and its CEO, Anthony Hsieh, for allegedly discriminating against him due to his physical disabilities and his sexual orientation. This is the second lawsuit filed this year that alleges a toxic, masculine culture at the California-based nonbank lender.

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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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Smart Leasing To Quickly Fill Vacant Units

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Knock.]. A platform combining Sharon, a conversational AI bot, with a self touring experience for landlords looking to fill vacant apartment units, Knock handles the listing marketing to maximize the number of potential leads and conversions.

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Mortgage and refinance rates today, Nov. 26, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched higher on Wednesday. But it was such a tiny rise that it shouldn’t bother you. And it’s looking as if mortgage […].

Mortgages 117
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Thinking About Waiting Until Spring to Sell Your Home? You May Want to Think Again

Lighter Side of Real Estate

In normal years, the winter can be a tough time to sell your home; there are often fewer buyers, which can make it challenging to sell your home quickly and profitably—which often drives sellers to wait until spring to list their home. But 2021 is anything but a normal year—and if you’re thinking about waiting until the spring to sell your home, you may want to think again.

Sales 117
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HW+ Member Spotlight: Bill Lowman

Housing Wire

This week’s HW+ member spotlight features American Pacific Mortgage CEO Bill Lowman. Joining the company in 2002, American Pacific Mortgage named him president in 2004, and in 2016 he became CEO. Leading one of the largest independent mortgage banks in the country, Lowman is active in the industry, serving as immediate past chairman/treasurer at the California Mortgage Bankers Association , along with serving on the Mortgage Bankers Association’s Residential Board of Governors.

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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.