Sat.Apr 10, 2021 - Fri.Apr 16, 2021

Housing market inventory is starting to recover

Housing Wire

Housing starts jumped in March, recovering from a bleak February that included wild winter storms in the South, according to a recent report from the Census Bureau. Single-family housing starts rose 15.3% over the month to a pace of 1.24 million annualized units.

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

Keeping Current Matters

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen.

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What to Know Before You Build a Shipping Container Home

Point2Homes

Image: Halfpoint / Shutterstock.com. The idea of creating a shipping container home appeals to many people. It’s a way to build a new home out of steel containers that would otherwise just be lying around unused.

Buyers Have Diverse Preferences for the Home’s Exterior Design

Eye on Housing

A new question introduced to the 2021 Edition of What Home Buyers Really Want* showed buyers pictures and descriptions of four exterior designs and asked for their preference.

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Here it is: Biden’s first-time homebuyer tax credit legislation

Housing Wire

Consumers have been closely following President Joe Biden’s proposed first-time homebuyer tax credit , but the newest form of that proposal has several significant restrictions.

Why This Is a Great Year to Sell Your Vacation Home

Keeping Current Matters

As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too.

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Sellers and Buyers Are Both Feeling More Optimistic In Today’s Market

Lighter Side of Real Estate

There’s no denying that the real estate market has had its ups and downs over the past year. But how are buyers and sellers feeling about the market today? In March, the Fannie Mae Home Purchase Sentiment Index (HPSI) was 81.7,

Working with buyers in the nation’s hottest housing market

Housing Wire

Austin, Texas might be the hottest housing market in the country. The Lone Star State’s friendly tax policies combined with the city’s huge tech scene and its cool factor have made it a destination for Silicon Valley types for several years.

Some Buyers Prefer Smaller Homes

Keeping Current Matters

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating.

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No foreclosures until 2022? CFPB seeks to extend foreclosure moratorium

The Mortgage Report

CFPB has proposed extending the foreclosure moratorium through Dec. 31, 2021. That would mean no COVID-related foreclosures until 2022. Learn more here. Mortgage News

Investment guru Jim Cramer pays off mortgage with bitcoin profits, gets roasted

Inman

"I now own a house, lock, stock and barrel, because I bought bitcoin," said Cramer. "I I don’t know, I think I won!" But not everyone agrees with his decision. Investing Mortgage bitcoin Jim Cramer mortgage payoff twitter

Biden’s $1.5 trillion budget calls for big investment in HUD

Housing Wire

President Joe Biden’s $1.5 trillion discretionary funding request includes a 15% budget increase for the Department of Housing and Urban Development (HUD) to combat homelessness, retrofit rental housing and increase the supply of affordable housing.

93% of Americans Believe a Home Is a Better Investment Than Stocks

Keeping Current Matters

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes.

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No foreclosures until 2022? CFPB seeks to extend foreclosure moratorium

The Mortgage Report

CFPB has proposed extending the foreclosure moratorium through Dec. 31, 2021. That would mean no COVID-related foreclosures until 2022. Learn more here. Mortgage News

How Elon Musk’s Starbase plans are influencing the Texas housing market

Inman

Agents in the southernmost tip of Texas, which is home to SpaceX's rocket production facility and launch site, are seeing buyers and investors flock to formerly sleepy towns.

2 million refi candidates eligible after mortgage rate drop

Housing Wire

Another 2 million borrowers could save an average of nearly $300 a month on a refinance thanks to last week’s 10-basis-point drop in mortgage rates. Recent data from Black Knight found the number of high-quality refi candidates moved back up to 13 million last week — potentially putting $3.6

Storage Units Near Me Including Pricing and Video

Maximum Exposure Real Estate

How to Compare Local Self-Storage Facilities and Pricing Are you looking to find self-storage nearby? Maybe you are planning for an imminent move? Storage units near me is a heavily searched term and with good reason.

3 Tips for Buyers in Spring 2021

RIS Media

In 2020, we saw an unprecedented shift in the housing market. In fact, many are referring to it as “The Great Reshuffling,” since many moved from large cities into smaller towns when working from home became the norm.

The 3 design features buyers are prioritizing in 2021

Inman

The perfect house has it all. That said, there are a range of trends and styles that have surged to the top of must-have lists in today’s luxury real estate market.

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These were March’s hottest housing markets

Housing Wire

In modern history, the housing market has never seen a month like March. Record demand and the lowest levels of inventory on record pushed sales prices to record highs in March and made life very complicated for buyers, real estate agents, builders and lenders across the United States.

What to Know About Selling a Home in a Retirement Community

Realty Biz

Selling a House in Retirement Communities. Do you need to sell your home in a retirement community? Selling house in an over 55 community is slightly different than a traditional setting.

What’s the down payment for a $300,000 house?

The Mortgage Report

How big is the down payment for a $300,000 house? That depends entirely on the type of mortgage you choose. Explore your options!

Douglas Elliman parent company invests in another proptech startup

Inman

Vector Group, which launched its proptech investment arm in March, has now added the New York-based tech-enabled home management service Humming Homes to its list of invested in companies.

Should government help create housing market supply?

Housing Wire

If demographics are economics, and we accept that in the years 2020 to 2024 the U.S. will have the best housing demographics in history , then it follows that home prices could take off in an unhealthy way.

Strong Single-Family Permit Gains in February

Eye on Housing

Over the first two months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 164,901. On a year-over-year (YoY) basis, this is a 16.6% increase over the February 2020 level of 141,467.

CoStar Group to Acquire Homes.com for $156M

RIS Media

CoStar, With a Market Cap of $35B, Emerges in a Listing Portal Sector Dominated by Zillow and Move.com.

WATCH: Back To Basics 101 — Don’t forget who you work for

Inman

Realtor, trainer and consultant with Doorbell Real Estate in Tennessee, Laura Fangman shares her top tip for reaching potential clients.

Mortgage rates move down to 3.04%

Housing Wire

The average U.S. mortgage rate fell for the second consecutive week, down nine basis points to 3.04%, according to Freddie Mac’s Primary Mortgage Market Survey. Despite rates mirroring mid-march levels, Sam Khater, Freddie Mac’s chief economist, doesn’t expect them to hold.

Questions to Ask When Renting a Room

Realty Biz

Considerations When Renting a Room in Someone’s House. Are you considering renting a room in someone’s house? You are not alone as sharing space in a home has become more popular. Owning a home can be expensive.

Mortgage and refinance rates today, April 16, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell yesterday. And it was the biggest single drop in weeks. Indeed, two or three more of those could see average rates […]. Mortgage Rates Now

Realogy rolls out customized fair housing training courses

Inman

Realogy partnered with AREAA, NAGLREP, NAMMBA and the LGBTQ+ Real Estate Alliance to create a more robust fair housing training course, available today.

The growing support for female mortgage executives

Housing Wire

After speaking with several other female mortgage executives in celebration of International Women’s Day, I wanted to take the opportunity to highlight a few women leaders who are making waves.

Sky-High Lumber Cost Stings New Inventory Production in Market

RIS Media

As the lumber industry tries to meet the overwhelming demand for building materials, experts say the supply of homes has continued to dwindle under lagging new construction and rising price tags.

Mortgage and refinance rates today, April 16, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell yesterday. And it was the biggest single drop in weeks. Indeed, two or three more of those could see average rates […]. Mortgage Rates Now