Sat.Jan 08, 2022 - Fri.Jan 14, 2022

Housing inventory crisis continues in 2022

Housing Wire

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory.

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Why Inflation Shouldn’t Stop You from Buying a Home in 2022

Keeping Current Matters

If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. Buying Myths First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers Pricing Content Hub

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U.S. Foreclosure Activity Drops to an All-Time Low in 2021

RIS Media

Foreclosure filings were down 29% from 2020 and down 95% from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005, according ATTOM’s Year-End 2021 U.S. Foreclosure Market Report, released this week.

Building Materials Prices Increase 1.5% in December, Lumber Volatility at 75-Year High

Eyes on Housing

The prices of goods used in residential construction ex-energy climbed 1.5% in December (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index was driven higher by large price increases for wood products.

Kick-Off Your Summer With Never-Ending Prospects

Speaker: Kevin Smullin, Founder, 2Q Lead Generation Strategies

In this webinar, Kevin Smullen will demonstrate a methodology that will help you create a pipeline with continuous prospects.

5 predictions for the 2022 housing market

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event.

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Creative strategies to buy a house in 2022

The Mortgage Report

With home prices up and inventory down, buying a house in 2022 can take some creativity. Here's what the experts say you should do. Buying a home Mortgage Strategy

Residential Building Worker Wages Grow Rapidly

Eyes on Housing

Average hourly earnings for residential building workers have been growing fast recently, driven by the tightening construction labor market. Last Friday, the Bureau of Labor Statistics (BLS) reported that the unemployment rate declined to 3.9% in December, the lowest rate since the pandemic.

Mortgage delinquency rate reaches prepandemic levels

Housing Wire

Mortgage delinquency rates hit pre-pandemic levels in October due to labor market improvements and home equity increases, according to the most recent CoreLogic Loan Performance Report. The expectation is that rates will continue to decline during 2022. In October, 3.8%

Two Ways Homebuyers Can Win in Today’s Market

Keeping Current Matters

If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. First Time Home Buyers For Buyers Move-Up Buyers Content Hub

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

States and cities with the cheapest houses in 2022

The Mortgage Report

Home prices are on the rise in 2022. But you may still find affordable houses in these states and cities. Real Estate

Inflation Hits 39-Year High

Eyes on Housing

Led by higher prices for shelter and used vehicles, consumer prices soared by 7.0% in December from a year ago. It was the largest year-over-year gain since June 1982. However, energy prices fell in December, ending a long series of increases.

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Mortgage rates see sizable increase

Housing Wire

The average 30-year fixed rate mortgage increased to 3.45% during the week ending Jan. 13, up from 3.22% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.79%.

Real Estate Professionals Are Experts at Keeping You Safe When You Sell

Keeping Current Matters

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. For Sellers Selling Myths

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Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

Ask Brian: How Do Real Estate Developers Make Money?

Realty Biz

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.

Mortgage Rates Jump

Eyes on Housing

The latest Mortgage Bankers Association’s (MBA) weekly application surveys shows a decline for refinancing and an increase in mortgage purchasing. The 30-year fixed-rate mortgage rate increased, averaging close to 3.4 percent for the month and was 3.52

What are the drivers of housing demand in 2022?

Housing Wire

This article is part of our Housing 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event.

How To Crush Your Listings Goals in 2022 [Live Webinar]

Keeping Current Matters

Webinars

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The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

What is Sustainable Interior Design — And Why Does It Matter?

HomeLight

Sustainable interior design isn’t just about environmental impact. It’s about creating a home environment that holistically supports its residents, their communities, and indeed the larger global community.

What Real Estate Investors Should Know About HVAC Systems

Realty Biz

HVAC systems keep people cool during the summer season, and warm during the winters while improving indoor air quality. Because of extreme climate fluctuations in most parts of the world nowadays, HVAC systems are increasingly becoming an essential component in both commercial and residential spaces.

Redfin acquires Bay Equity, pink slips 121 staff

Housing Wire

Redfin announced Tuesday layoffs of 121 employees as it shakes up its mortgage department, including purchasing a lending company.

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What is MLS? Multiple Listing Service Explained

Redfin

While first-time homebuyers and even seasoned homeowners might have heard of MLS, they may not be familiar with the role it plays throughout the home buying and selling process. Understanding how the MLS factors into the process can help you get the most out of your purchase or sale.

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#Trending: How to Leverage Instagram’s Algorithm to Build Your Pipeline

Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency

In this session, The Broke Agent and Matt Lionetti will break down the strategies they utilize to grow their Instagram accounts to over 360,000 and 40,000 followers. They will also discuss vertical video, podcasting, and the importance of producing consistent content!

Client loyalty can be gained without blowing your marketing budget

The American Genius for Real Estate

(EDITORIAL) The truth is, agents can win client loyalty without spending any more than what is already budgeted for marketing expenses. Here's one take. The post Client loyalty can be gained without blowing your marketing budget appeared first on The American Genius Real Estate.

Be Smart About Paying Off Your Mortgage Early

Realty Biz

The second American Dream is owning your home free and clear. It comes right after buying a home in the first place. Millions of Americans take action to pay off their homes early instead of dragging it out for 30 years at an extra cost of tens of thousands of dollars.

How to avoid home closing delays in 2022

Housing Wire

HousingWire recently spoke with Tom Kriby, Vice President of Client Development and Partnerships at Westwood Insurance, about how insurance issues can hold up a home closing and how lenders can integrate insurance into their process to help their homebuyers avoid delays.

Home Renovations That Do Not Add Value (and What to Do Instead)

Redfin

If you have been thinking about selling your home, you may be wondering which home improvements you should tackle to increase your home’s value before it goes on the market.

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!