Sat.Nov 21, 2020 - Fri.Nov 27, 2020

These markets are attracting the most out-of-state real estate investors

Housing Wire

The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival.

Your House May Be High on the Buyer Wish List This Holiday Season

Keeping Current Matters

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring.

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Toronto Condo Prices Down Over $20k From Peak, As Inventory Doubles

Better Dwelling

Greater Toronto real estate is on fire… just not condo apartments, which is seeing a lot of sellers. Toronto Regional Real Estate Board (TRREB) data shows condo apartment prices slid for a fifth month in October. Condo sales are fairly in line with last year’s numbers, except in the city.

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7 Tips for Selling Your Home During the Holidays

Redfin

Believe it or not, the holiday season can be a great time to sell your home. It’s true that the housing market typically heats up during the spring. However, the holiday season is often overlooked as a prime time to sell, especially this year. .

Record low mortgage rates hold steady at 2.72%

Housing Wire

The average U.S. mortgage rate for a 30-year fixed loan remained unchanged at 2.72% this week, Freddie Mac said in a report on Thursday – the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history.

Don’t Let Buyer Competition Keep You from Purchasing a Home

Keeping Current Matters

This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers.

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Buyers Can Now Access Flood Data on Realtor.com®

RIS Media

Last August, realtor.com® began displaying flood risk information on for-sale properties across the United States.

Fannie Mae, Freddie Mac conforming loan limits increase for 2021

Housing Wire

The Federal Housing Finance Agency announced new conforming loan limits for Fannie Mae and Freddie Mac for 2021: $548,250. This is a 7.5% increase from 2020’s limit of $510,400 and marks the fifth consecutive year of increases from the FHFA.

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Is Buying a Home Today a Good Financial Move?

Keeping Current Matters

There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.”

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Toronto’s Real Estate Board Tells Brokers Stop Showing More Than 2 Years of Sold Data

Better Dwelling

Toronto’s golden age of real estate brokerage innovation is coming to an abrupt end. Toronto Regional Real Estate Board (TRREB) sent a memo this week, on sold data. The board informed brokers they will only be allowed to show two years of data going forward.

Finding a Home in a Low Inventory Market

American Lifestyle

The post Finding a Home in a Low Inventory Market 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 Suburban Zillow

The best new home sales report ever

Housing Wire

Sometimes keeping things simple makes the message more clear. I have been consistent in my stance that during the years 2008 to 2019, we had the weakest housing recovery ever. I said that housing starts would never start a year at 1.5 million until we reached the years 2020-2024.

Sales 281

Top 7 Real Estate Accounting Tips for a Good Year-End

RIS Media

As we approach the end of 2020, now’s the time to start preparing so your year-end is as easy and stress-free as possible. It might still be November, but it is never too early to start taking steps to make sure you start 2021 on the right financial foot.

Canada’s Money Supply Is Growing At The Fastest Rate In Over 30 Years

Better Dwelling

Canada’s narrow money supply is pointing to a big return to production and consumer spending. Bank of Canada (BoC) data shows the M1+ gross money supply reached a new all-time high in September.

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Is it better to refinance with your current lender?

The Morgtage Report

It's not always better to refinance with your current mortgage lender. In fact, there's a good chance another lender can offer you a lower rate. Here's why. Mortgage Rates Refinance Gina Pogol Housing Mortgage mortgage rates Rate Shopping Real Estate

Auction.com: Demand for distressed housing returning

Housing Wire

Auction.com ‘s Distressed Market Outlook report for the fourth quarter shows a pick-up in demand for distressed housing, with a 24% increase in completed foreclosure auction volume in September.

Get the Most Out of Yourself and Your Business

RIS Media

As this challenging and intense year comes to a close, many agents are looking to establish more of a balance in 2021. When you find a balance between all of your endeavors, you can achieve phenomenal success without burning out.

Toronto and Vancouver Permanent Resident Declines Get Larger

Better Dwelling

Permanent resident growth, previously a large driver of real estate demand, is still largely absent these days. Government of Canada (GoC) data shows permanent resident arrivals are still down sharply in Q3 2020. Toronto and Vancouver are seeing declines get even larger, from previously big drops.

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The Home Identity Crisis: The Dining Room Office

Coldwell Banker

Storage Solutions to Make Your Dining Room Office Sparkle Through the Holidays. The post The Home Identity Crisis: The Dining Room Office appeared first on Coldwell Banker Blue Matter. Cleaning Tips Holiday & Seasonal Home Decor Covid-19 dining room holidays Home Organization

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New home sales juggernaut continues

Housing Wire

Sales of new homes rose to an annualized rate of 999,000 in October – 0.3% below September’s 1,002,000 revised rate but still a massive 41.5% higher than the same time last year, according to the Census Bureau and the Department of Housing and Urban Development.

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Three Realty ONE Group Offices Top 600 Agents

RIS Media

Realty ONE Group International recently announced that three of its offices surpassed 600 real estate professionals.

Canadian Real Estate Prices Surge In Growth… Except For Condos

Better Dwelling

Canadian real estate saw prices surge across the country, but not in all segments. Canadian Real Estate Association (CREA) data show the national index saw price growth speed up in October. A breakdown of the index reveals a different picture though.

What’s Happening With Rent Discounts?

Toronto Realty Blog

TorontoRealtyBlog. I’m not sure if you’ve heard, but rents are down across the city. Also, I like sarcasm. Because you’d have to be new to planet earth to not know that rents are down. This news is everywhere.

Home prices see greatest gain in over 6 years

Housing Wire

The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. census divisions rose 7% in September from a year ago, the greatest year-over-year gain since 2014, and nearly 23% higher than its last peak in 2006. The September increase was also greater than the 4.8%

Water Damage: Causes and Prevention

RIS Media

Water damage has a variety of causes: storms, flooding, roof leaks, broken water pipes and lines, leaking washing machines, and more. This can lead to mold and odor problems, and worse.

How do you react to housing discrimination? Learn from NAR’s new course

The American Genius for Real Estate

(REAL ESTATE ASSOCIATIONS) NAR’s new interactive training simulation confronts housing discrimination by putting agents in the shoes of homebuyers. The post How do you react to housing discrimination? Learn from NAR’s new course appeared first on The American Genius Real Estate.

Why You Should Decorate Early for the Holidays This Year

Point2Homes

Image: Kolpakova Svetlana / Shutterstock.com. I think we can all agree it’s been a long year and that we could all use a little magic in our lives right about now. And what’s more magical than pretty decorations and glittering lights?

2021 housing market forecast: It’s about politics, not economics

Housing Wire

As we prepare to enter 2021, our country has lost more than 250,000 people and over 22 million jobs during the 2020 pandemic. Millions of others have suffered from COVID-19 complications, both health and economic related.

Hallmark Holiday Movies Deliver Comfort and Joy in Dark Times

RIS Media

(TNS)—Ruthie Caitham’s driver’s license and other official documentation insist she resides in Vallejo. Ah, but when fall and winter roll around, Caitham proudly proclaims that she dwells in “Hallmark Land.” ” “It’s my happy place,” she says.

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How much income do you need to afford a $1M house?

The Morgtage Report

Find out how much income is needed to afford a $1 million house. The answer will vary based on your credit, down payment, and debts.