Housing Wire
OCTOBER 21, 2021
The National Association of Realtors ‘ existing home sales report for September came in at an excellent beat of estimates at 6.29 million. Now that we are just 10 days away from Halloween in 2021, we can all chuckle a bit at how wrong the housing bears of 2020-2021 have been. Especially all those crazy cats on YouTube forecasting the 2021 collapse of housing due to forbearance.
Keeping Current Matters
OCTOBER 19, 2021
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer that question, let’s first understand a few terms you may be hearing right now.
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Eye on Housing
OCTOBER 22, 2021
Home building, like other U.S. industries, has been dealing with the supply side challenges of labor and material shortages. Unlike other industries, however, home builders confront an additional challenge in obtaining lots on which to build. In a recent NAHB survey, 76 percent of builders reported that the overall supply of developed lots in their areas was low to very.
Better Dwelling
OCTOBER 22, 2021
The whole world is undergoing a housing shortage, but vacant homes are barely budging. The OECD‘s latest data drop shows 42 million of its 426 million homes are vacant. Yes, roughly one in ten homes in advanced economies are empty. There are literally years of housing supply being used as an alternative to gold. Rather […]. The post The World Has Millions of Vacant Homes, and 1.3 Million Are In Canada: OECD appeared first on Better Dwelling.
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Housing Wire
OCTOBER 22, 2021
Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. In the second quarter of 2021, investor purchases accounted for 15.4% of all home purchases nationwide, compared with 11.5% of all home purchases a year prior. Despite such a large year-over-year change, it is still slightly lower than Q1 2021 , in which investors held 15.9% of the market.
Keeping Current Matters
OCTOBER 22, 2021
Some Highlights. If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great tool you can use to power your dreams. Ready to sell ? Reach out to a local real estate professional to talk about how you can take advantage of your rising equity to reach your goals.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Point2Homes
OCTOBER 20, 2021
Image: Andrey_Popov / Shutterstock.com. Home appraisals are a vital part of most real estate transactions — and it doesn’t matter if you’re planning on selling your home or purchasing one first. Either way, you’re going to encounter a home appraisal contingency at some point. And, given the importance of the home appraisal process , you should know what to expect ahead of time.
Housing Wire
OCTOBER 18, 2021
Desktop appraisals, a temporary flexibility implemented in March 2020 to keep the mortgage industry afloat amid lockdowns and social distancing, will become permanent, the Federal Housing Finance Agency said today. Sandra Thompson, acting director of the FHFA, said both Fannie Mae and Freddie Mac will allow appraisals to be conducted remotely, using public records such as listings and tax appraisals, for purchase loans starting in early 2022.
Keeping Current Matters
OCTOBER 20, 2021
While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. The latest Census data shows the inventory of new homes is increasing this year (see graph below) : With more new homes coming to the market, this means you’ll have more options to choose from i
Better Dwelling
OCTOBER 18, 2021
Investors are taking over Canadian real estate markets, especially in Ontario. Teranet, the private operator of the province’s land registry, looked at buyers from January 2011 to August 2021. Their analysis shows the largest segment of buyers is now multiple property owners. Armed with cheap money, these investors now represent one in four Ontario home […].
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Sotheby's International Real Estate
OCTOBER 16, 2021
From a grand manor in Greenwich to a villa steeped in Hollywood history, these homes feature vaulted ceilings that create spaces filled with volume, light, and drama. Midcentury Modern Oasis. Glen Ellen, California | Daniel Casabonne, Sotheby’s International Realty – Wine Country – Broadway Brokerage. This delightful three-bedroom midcentury modern home enjoys a peaceful pastoral location in the heart of wine country, just down the road from downtown Glen Ellen.
Housing Wire
OCTOBER 18, 2021
I’ve been hearing some chatter lately that the uptick in home buying that started in February of 2020 (before COVID, by the way) and has continued into 2021 is being substantially driven by a national emotional state of fear of missing out (FOMO). Now, I understand emotional eating (me, plus Halloween, plus a big bowl of Reese’s Peanut Butter Cups for instance) and even emotional buying (still whittling down hand sanitizers).
Keeping Current Matters
OCTOBER 21, 2021
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable than they historically have been.
Better Dwelling
OCTOBER 21, 2021
Canada’s central bank is increasingly feeling the pressure from inflation. Desjardins, the country’s largest cooperative financial group, accelerated its interest rate forecast. They see the Bank of Canada (BoC) hiking rates a quarter earlier than previously expected. Elevated inflation is what’s behind the change, and it’s going to push the cost of mortgages higher.
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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.
Sotheby's International Real Estate
OCTOBER 19, 2021
Few residential aesthetics are as widely esteemed and emulated as those of Northern California’s wine country, with their rustic materials, serene organic palettes, relaxed but chic furnishings, plentiful light, and emphasis on indoor-outdoor living. This impressive 9,620-square-foot home—which boasts nine bedrooms and interior design by the acclaimed Paul Wiseman of the Wiseman Group—is a bastion of them all, with stalwart wood ceiling beams, stone thresholds, and hardwood flooring fittingly cr
Housing Wire
OCTOBER 21, 2021
The average 30-year-fixed rate mortgage climbed to 3.09% during the week ending Oct. 21, rising from 3.05% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.80%. Most economists believe they’ll continue to climb. “Mortgage rates continued to rise this week due to the trajectory of both the economy and the pandemic,” Sam Khater, Freddie Mac’s chief economist, said in a statement.
Realty Biz
OCTOBER 22, 2021
Being a property owner comes with its advantages, but it can also come with a lot of stress and headaches. It’s no surprise that many owners turn to a property management company to handle their vacancies, tenants, finances, maintenance, and much more. Property Value Market Diagram Concept. A property manager will become your strategic partner who works with you to relieve any day- today-concerns and challenges related to your property.
Better Dwelling
OCTOBER 19, 2021
Think Toronto or Vancouver real estate is too expensive? Then consider more affordable places like Los Angeles, New York, or San Francisco. Oxford Economics released its North American Housing Affordability Index (HAI) for Q2 2021. The global forecasting firm found affordability has deteriorated across North America. Toronto and Vancouver real estate were in a league […].
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.
Maximum Exposure Real Estate
OCTOBER 22, 2021
Fixer-Uppers – Things To Keep in Mind Are you considering buying a home that needs work? Buying fixer-upper houses can be a good move in certain circumstances. On the surface, the idea of purchasing a fixer-upper for cheap and selling it for a high price seems like a no-brainer. But it is essential to move […]. The post Fixer Upper Homes: What Are The Pros and Cons to Buy One appeared first on Massachusetts Real Estate Exposure.
Housing Wire
OCTOBER 21, 2021
An overwhelming majority of surveyed seniors revealed that they would prefer to age in place in their current home, as opposed to moving into some kind of an assisted living facility. This is according to a new “Importance of Home” survey released this week by American Advisors Group (AAG), the leading reverse mortgage lender in the United States based on industry endorsement data.
Sotheby's International Real Estate
OCTOBER 18, 2021
Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Washington, DC | David Park, TTR Sotheby’s International Realty . Located in Washington, D.C. the stunning 32-unit residences at SEVEN700 are sure to inspire. Featuring top tier finishes, balconies, and inspiring views of the Nation’s Capital, the ideals of urban living are well within reach at SEVEN700.
Better Dwelling
OCTOBER 20, 2021
The cost of living in Canada is now surprising even the experts, with price growth surging. Statistics Canada (Stat Can) data shows Consumer Price Index (CPI) annual growth surged higher in September. The measure of inflation has been running hot recently, but now it’s hit the highest level in 18 years. One of the country’s […]. The post Canadian Inflation Hits An 18 Year High, and It’s Understated: National Bank appeared first on Better Dwelling.
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.
Point2Homes
OCTOBER 20, 2021
Image: Followtheflow / Shutterstock.com. If you’re getting ready to sell your home , you probably want it to attract many buyers and sell for the best possible price. The secret to making your home appeal to a wider audience is all in the home staging. These seven home staging dos will help give your property the advantage over other homes on the market.
Housing Wire
OCTOBER 19, 2021
Over the past few years, politics has become an increasing polarizing subject, so it should come as no surprise that it is influencing recent homebuyers’ decisions of where they want to live. The passage of the so-called “heartbeat bill” in Texas and similar laws in other states, access to legal and safe abortions has become a major concern for some recent movers.
Maximum Exposure Real Estate
OCTOBER 21, 2021
Moving Change of Address Checklist Who are the most important people and organizations to notify when you are moving? An excellent question, right? When you move, it is essential to understand who should know you’re changing your address. A change of address checklist is necessary not to forget who should know about your new location. […].
Sotheby's International Real Estate
OCTOBER 20, 2021
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??. Hillsborough, California | Jennifer Gilson & Sophia Waldman, Golden Gate Sotheby’s International Realty . This stunning new home places an emphasis on sleekness, featuring endless views and clean lines throughout. Six bedrooms, eight full bathrooms, two-half bathrooms, six-car garage parking, and situated on 1.25 acres of manicured grounds, a seamless transitio
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Coldwell Banker
OCTOBER 21, 2021
Put your own signature style on this year's Thanksgiving celebration to make it a memorable occasion for family and friends. The post Shake Up Your Turkey-Feather Festivities appeared first on Coldwell Banker Blue Matter.
Housing Wire
OCTOBER 18, 2021
Forbearance declined across the board this week as government agencies and industry stakeholders chart a path out of forbearance and into loss-mitigation. The total number of loans still in forbearance was down 34 basis points from 2.62% of servicers’ portfolio volume the prior week to 2.28% the week ending Oct. 10, 2021, per the latest report from the Mortgage Bankers Association.
The Mortgage Report
OCTOBER 19, 2021
2021 was a tough housing market. Will things improve next year? Read our housing market predictions from 7 real estate experts to find out.
Realty Biz
OCTOBER 19, 2021
Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Zandar in NJ: Hey Brian. I’m the new owner of an old home. I’m on a very tight budget but I want to start modernizing this old house.
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.
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