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

How homebuilders are competing in this crazy market

Housing Wire

New home sales in 2021 picked up right where they left off in 2020, near their highest levels in more than a decade thanks to low inventory. The state of the market means increased competition among homebuilders, who are grappling with how to keep prices affordable as their own costs rise.

Where Have All the Houses Gone?

Keeping Current Matters

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale.

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First-Time Home Buyers Find Unexpected Benefits in Current Market

Lighter Side of Real Estate

There’s no denying that low inventory and increasing prices have presented challenges for buyers in today’s market—and that includes first-time buyers. But the market also offers a slew of benefits for first-time buyers—and many have had a positive experience buying a home in recent months.

The Art of Mindful Living = Conquering Your Calendar

Coldwell Banker

Mastering Your Schedule So it Doesn’t Master You. The post The Art of Mindful Living = Conquering Your Calendar appeared first on Coldwell Banker Blue Matter. Health & Wellness calendar home Meditation Mindfullness Schedule

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FHFA extends forbearance period to 18 months

Housing Wire

Borrowers with mortgages backed by Fannie Mae and Freddie Mac may be eligible for an additional forbearance extension of up to six months, the Federal Housing Finance Agency announced Thursday. On Feb.

Are There Going to Be More Homes to Buy This Year?

Keeping Current Matters

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy.

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Lender credits: How a mortgage lender can pay your closing costs

The Mortgage Report

Lender credits let the mortgage lender pay closing costs, while the borrower pays a higher interest rate. Find out if lender credits are worth it here. About Mortgages

Women pay higher mortgage rates in 49 states

Housing Wire

In Mississippi, single women on average paid 3.47% on a 30-year, conventional fixed-rate mortgage in 2019. But single men on average paid 3.37%, according to the latest HMDA data available.

How Much Leverage Do Today’s House Sellers Have?

Keeping Current Matters

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7%

Pending Home Sales Dip Again in January

Eye on Housing

After reaching a record high in August, pending home sales slid for the fifth consecutive month, as surging home prices and low inventory constrain buyers.

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Need More Sleeping Space? Here’s How Much Value Another Bedroom Adds

HomeLight

One additional bedroom — and the privacy it provides — can make all the difference to your space needs. You could use the add-on to give each of your kids their own bedroom, or turn it into the home office of your dreams. But any kind of house addition will be expensive and time-consuming.

Even with high lumber prices, new home sales beat

Housing Wire

Extreme increases in lumber prices have caused some people to go bearish on new home sales. Not this one! If we play a version of rock, paper, and scissors with lumber prices and mortgage rates, mortgage rates will win.

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The Reason Mortgage Rates Are Projected to Increase and What It Means for You

Keeping Current Matters

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months.

Rebound for Townhouse Construction

Eye on Housing

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction expanded to a 2.5 year high during the final quarter of 2020.

Coldwell Banker Around the World: February 2021

Coldwell Banker

The following guest post was co-written by Lynn Kaiser Conrad, Brand Ambassador, and Kaitlin McMurdo, International Affiliate Service Director, for Coldwell Banker Real Estate LLC At Coldwell Banker Around the World, we make the world a little more friendly and intimate by showcasing our global franchises.

Do higher mortgage rates mark the end of the refi wave?

Housing Wire

We may never again see a year like 2020. That’s somewhat somber news for the lenders who benefited from a series of downright strange conditions to generate more refi business than anyone in March could have imagined.

Zillow to Start Cashing in on Zestimates, Industry Responds

RIS Media

There’s been no shortage of news when it comes to Zillow, a company that kicked things off in the early 2000s with a home-search portal that consumers now recognize as the place to go for market inventory.

Should You Insulate the Interior or Exterior of Your Home?

Point2Homes

Image: c12 / Shutterstock.com. Making sure that your house is properly insulated can significantly reduce your monthly bills, as well as increase the thermal comfort in your home. But how do you decide which side of the walls to insulate?

Home Insurance: What to Know About Homeowners Insurance

Maximum Exposure Real Estate

What is Home Insurance? Do you know what home insurance is and how it works? The idea of homeowners insurance might seem simple, but it can be easily misunderstood. We’ll be taking a look at everything you need to know about home insurance.

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Mortgage rates climb higher to 2.97%

Housing Wire

The average mortgage rate for a 30-year fixed loan is now just 3 basis points away from 3%, after a 16 basis point jump last week pushed mortgage rates to 2.97%, according to Freddie Mac ’s Primary Mortgage Market Survey.

Existing-Home Sales Ticked Up Slightly in January

RIS Media

Existing-home sales ticked up slightly in January and increased 23.7% from a year ago, according to the latest data from the National Association of REALTORS® (NAR). January reported a seasonally adjusted annual rate of 6.69 million existing-home sales.

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New Home Sales Edge Higher in January

Eye on Housing

After a slight slowing of sales at the end of 2020, new single-family home sales edged higher in January, increasing 4.3% to a 923,000 seasonally adjusted annual rate, according to estimates from the Census Bureau and HUD.

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A Decade in Housing Unaffordability: Mortgage Burden Worsens in 51 of 100 Largest U.S. Cities

Point2Homes

Despite mortgage rates reaching historic lows, mortgage affordability continues to erode in the country’s largest and most in-demand cities. In a year as volatile and uncertain as 2020, the effect of lower mortgage rates was muted by soaring home prices , increasing demand and tight supply.

Rocket Homes could be real estate’s sleeping giant

Housing Wire

During breaks in nearly every televised basketball game, it’s there: Tracy Morgan imploring pensive homebuyers “pretty sure” is not enough, and that they can only be certain about their giant life choice with Rocket Mortgage.

NLP in Real Estate: The Art of Persuasion Through Better Communication

HomeLight

Communication is at the heart of real estate success. Marketing, sales, negotiation — it all relies on great communication skills.

Ultra simple shortcut to attract new (or more) real estate investors

The American Genius for Real Estate

(REAL ESTATE BIG DATA) Without having to spend any money, this shortcut can attract more business to boost your bottom line with real estate investors - a win-win for the nation.

Newsmakers Hall of Fame: Allan Dalton on Creating a Collaborative Environment

RIS Media

?. Allan Dalton , chief executive officer of Real Living Real Estate and SVP of Berkshire Hathaway HomeServices was recently inducted into RISMedia’s 2021 Real Estate Newsmakers Hall of Fame.

Mortgage delinquencies below 6% for first time since March

Housing Wire

For the first time since March 2020, the national mortgage delinquency rate fell below 6% to 5.9% in January, according to data from Black Knight on Wednesday. At the current rate of improvement, the data giant estimates 2.1

Is Gray Passé? The Future of The Decade’s Hottest Paint Color

HomeLight

Gray has been having a moment — ahem, more of a decade, actually. For the past several years, the cool neutral has reigned as the color king of Pinterest, HGTV, and countless design blogs.

Black History Month at AppFolio: Recognizing Black Experiences and Voices

App Folio

At AppFolio, we know that great people make a great company, and we not only value diversity in backgrounds and perspectives, but count on it to make our culture thrive and drive deeper customer connections. .