2021

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Will the housing market continue its hot streak in 2022?

Housing Wire

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down? Here’s a high-level forecast for what to expect next year, based on the supply and demand signals we can already see in today’s data.

Marketing 543
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Freddie Mac misses low-income refinance goal

Housing Wire

Fannie Mae met all of the housing goals the Federal Housing Finance Agency imposed for 2020, but Freddie Mac failed its low-income refinance goal. The government-sponsored enterprise lagged the wider market in its acquisitions of low-income refinances. Freddie Mac has 45 days to submit a plan to the FHFA for actions it will take over the next three years to get back on track, according to a letter the regulator sent to Freddie Mac.

Mortgages 534
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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Most of the time, the economy is like a slow-moving ocean liner that changes direction gradually and without much effort. But when a new, powerful variable presents itself, like the worldwide COVID-19 pandemic, the economy can change on a dime. COVID was a veritable iceberg for our ocean liner economy, but the ship did not go down! Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortga

Mortgages 544
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FHFA: Government to back mortgages up to $970,800 in 2022

Housing Wire

The Federal Housing Finance Agency (FHFA) today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. The federal government will now back mortgage loans of nearly $1 million, with the new ceiling loan limit for one-unit properties in most high-cost areas now $970,800 — or 150% of $647,200. Special statutory provisions establish different loan limit calculations for Alaska, Hawaii, Guam, and the U.S.

Mortgages 536
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Single-family rents soar in tight housing market

Housing Wire

You could buy a top-of-the-line laptop and a new cell phone to match, or you could pay one month’s rent for a single-family home in Los Angeles. It’s not much better for prospective single-family renters across California, a study by HouseCanary found. In Ventura or Carlsbad, median single-family rents are $4,250, and in Santa Clara and Berkeley, median single-family rents reached $4,225 and $4,200, respectively.

Marketing 545
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Heating It Up: 5 Homes with Distinctive Fireplaces

Sotheby's International Real Estate

These five homes feature eye-catching fireplaces—from a commanding tower of stacked stone to a sleekly streamlined contemporary fixture—that contribute both warmth and style. Impeccable Style in Pacific Heights. San Francisco, California | Tania Toubba, Sotheby’s International Realty – San Francisco Brokerage. Sophisticated and inviting, this timeless four-level residence on one of the most desirable blocks in Pacific Heights has been impeccably updated while maintaining respect for its ar

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Totally Transformed in Tampa: 2021’s Most Popular Home Went From Busted to Brand-New

Realtor.com

Realtor.com A listing agent faced with a shell of a shack let everyone in on the joke. She crafted a brutally honest description of the home , admitting all of its faults. Lowlights included the crooked chimney with no fireplace, a faulty foundation, and “ominous energy.” It worked! The Tampa, FL, residence marketed as the “worst house on the block” became the most popular home on Realtor.com® in 2021.

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82% Of Unmarried People Would Rather Buy a House Than Have a Wedding

Lighter Side of Real Estate

Having a wedding and buying a house: two of the biggest moments, with two of the biggest price tags in adult life. But lately, it seems the word “and” is being replaced with the word “or”, at least according to this REALTOR Magazine article ! 82% of unmarried people surveyed said they’d rather skip the formal “I do’s” and spend their money on a house instead.

Mortgages 145
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What a Home Appraisal Is Based On: House Appraisal Tips

Point2Homes

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.

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New Home Sales Flat in October After September Data Revision

Eye on Housing

Contracts for new, single-family home sales were flat at a 745,000 seasonally adjusted annual rate in October according to estimates from the joint release of the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. However, the flat reading was due to a significant downward revision for the September pace (revised from an 800,00 rate to.

Sales 144
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Tips For Researching a Home’s History

Realty Biz

Purchasing a new house is a complicated process, which requires time and a lot of care. To make it a safe and carefree process, there are several elements to consider before signing the actual contract. Although the immediate attention of any buyer goes towards the financial aspects, like loans and credit history, it is instrumental to thoroughly understand how to verify the history of the house you intend to buy.

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Wait! Read This Before You Sell Your House for Cash

HomeLight

On the surface, fast-cash companies in real estate may not have the most pristine reputation, but you’re not crazy to consider selling your house for cash. As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers.

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Cybercrime Hits Title Industry: Cloudstar Victim of Ransomware Attack

RIS Media

Cloudstar, a company that operates five data centers and provides support to title professionals throughout the U.S., is the latest victim of a “highly sophisticated ransomware attack.” The company released a statement on Sun., July 18 announcing the cyber attack. The details: – Cloudstar’s systems are currently down, except for its Office 365 mail services, email encryption offering and some support services. – The company has hired third-party forensics experts Te

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Tampa Real Estate Market & Investment Overview 2021

Marco Santarelli

The Tampa housing market is growing steadily, prices are still low and properties have a good chance for a strong appreciation in the coming years. Home is selling incredibly fast in the Tampa Bay housing market with hot homes getting multiple offers. There is less than 2-month of the available inventory in the entire Tampa St. Petersburg Clearwater MSA.

Marketing 145
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Waiting for a big drop in home prices? It could be a while

Housing Wire

With mortgage rates falling during the COVID-19 crisis, many households were able to refinance to lower payments. Because a mortgage payment is almost always the most prominent payment households make each month, lower payments have allowed homeowners who bought homes to have better cash flow over the last few years. This means mortgage holders who have refinanced their homes to lower payments while their wages have also grown look great on paper.

Mortgages 545
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Inside a Classic Home on a Pacific Palisades Perch

Sotheby's International Real Estate

In the early 20th century, the stunning coastal cliffs that edge the further northwest reaches of Los Angeles reminded its denizens of New York’s Hudson River Palisades—so much so that they named the region after its famous East Coast cousin. Today this area—still widely revered for its impressive heights and breathtaking outlooks on the majestic Pacific—is known as a thriving exclusive enclave whose homes hug the tops of the bluffs and rocky cliffs that afford them their enviable vistas.

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Canada Has The Biggest Gap Between Real Estate Prices and Incomes In The G7

Better Dwelling

Canadian real estate is unaffordable, but you don’t appreciate how bad the reality is until you look at its G7 peers. The latest house price-to-income ratio data from the OECD shows all G7 countries are seeing affordability decline. However, Canada has consistently seen home prices outgrow incomes. Since 2005, no other G7 country has seen […].

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9 Things Home Sellers Do During the Holidays That Scare Off Buyers

Realtor.com

Getty Images Once upon a time, the month of December was a snow-swept dead zone for selling your home. The thinking was, “Why even bother showing it? No one is home shopping now.”. Fast-forward to today’s full-boil real-estate market, however, and this traditional home-selling timeline has changed. Even amid the holiday hubbub, people are house hunting in earnest.

Agents 145
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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10 Creepy Real Estate Stories That’ll Make You Gasp With Fear…or Laughter!

Lighter Side of Real Estate

Sometimes the scariest thing in the job of a real estate agent isn’t a mile long inspection report detailing foundation issues, or seeing your buyer pull up in a new car before their mortgage is approved. From the just plain weird to the downright freaky, the crazy situations agents find themselves in would surprise anyone who hasn’t been in the biz.

Agents 145
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Gerrymandering in Brooklyn Is Out of Control. Here’s How Reform Could Affect Neighborhoods

Brownstoner

New York’s congressional, state senate and assembly districts are set to be redrawn this year, and for the first time in history, everyday New Yorkers have had the chance to weigh in on how they think the districts should be drawn up. The New York Independent Redistricting Commission, the entity tasked… Read More > The post Gerrymandering in Brooklyn Is Out of Control.

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Strong Demand Boosts Builder Confidence Despite Supply Chain Disruptions

Eye on Housing

Strong consumer demand helped push builder confidence higher in October despite growing affordability challenges stemming from rising material prices and shortages. Builder sentiment in the market for newly built single-family homes moved four points higher to 80 in October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.

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What Do Property Encroachments Mean?

Realty Biz

Have you heard about encroachments in real estate and wondered what exactly that meant? You might think that you’ve found your perfect home, but a dispute with your neighbors can ruin the dream. Neighbor problems can occur for many reasons, but one source of problems can be encroachments. Perhaps you have a neighbor that either doesn’t realize or care that something they own is infringing on your lot.

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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

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How to get your bathroom ready when selling a home

Imagine Your House

Selling a home in an expeditious manner will largely be dependent upon how well you prepare your home, before putting it on the market for sale. Lynn Pineda, Southeast Florida, eXp Realty Real Estate Agent. Simple ways to get your bathroom ready Second topic in Series 1 that’s all about getting your home ready to sell – All things Bathroom. Selling a home in an expeditious manner will largely be dependent upon how you prepare your home when selling.

Agents 145
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4 Essential Steps for Winning With Buyers and Builders

RIS Media

New home construction is an appealing option for many buyers, particularly those who have grown tired of being outbid in multiple offer situations. However, when buyers pivot to newly built homes, they also risk giving up their right to representation. When this occurs, both buyers and agents have missed a significant opportunity to work together for mutual benefit.

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The Best U.S. Suburbs to Move to in 2021

Homes.com

Learn about the best U.S suburbs to move to in 2021 based on a variety of factors such as average home price, education scores, and more! The post The Best U.S. Suburbs to Move to in 2021 appeared first on Homes.com.

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Investors are buying more, but spending less

Housing Wire

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.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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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Sip Sip Hooray! 5 Home Cocktail Bars

Sotheby's International Real Estate

Why go out for a nightcap when a custom-stocked private bar is steps away? From an Upper West Side townhouse to a San Francisco high-rise, these bars will inspire staying home and sipping in style. Mediterranean-Inspired Houston Hideaway. Houston, Texas | David Atkins & Jason Lee Villarreal, Martha Turner Sotheby’s International Realty . Tucked amid stately trees, this 9,922-square-foot Mediterranean-inspired home is a harmonious, satisfying retreat in Houston’s bucolic Tanglewood.

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US Real Estate Enters A Bubble For The First Time Since 2007: US Federal Reserve

Better Dwelling

US real estate prices are looking frothy, according to central bank researchers. The US Federal Reserve (the Fed) recently updated its exuberance index for Q2 2021. The little-known index exists to identify housing bubbles early, to minimize damage. For the first time since 2007, that indicator is now warning that US real estate prices are […].

Banks 145
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Exclusive: Competition Will Be Fierce for Homes in 2022’s 10 Hottest Real Estate Markets

Realtor.com

Realtor.com / Getty Images This past year has been wildly turbulent for just about everyone , but the waters have been particularly choppy for those who decided to buy or sell a house. From skyrocketing home prices due to record-low inventory, and bidding wars that began to resemble melees, it was difficult to escape the real estate market unscathed in 2021—or to predict where it would go next.

Marketing 145
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Woman’s Dream Of Buying A Home Crushed After Opening Home Depot Card

Lighter Side of Real Estate

It’s one thing for a real estate agent to tell you about the dangers of buying big-ticket items (like a car), racking up your credit card bills, or opening up new credit cards until your mortgage is approved and closed. But it hits a whole lot closer to home when a home buyer warns you of the danger through tears of sadness. Watch Cassidy Gard’s emotional TikTok video about how simply opening a Home Depot credit card for a $9 purchase is likely going to cause her not to be able to buy a house.

Mortgages 145
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The Secret to Building Successful Digital Sales Programs in 2022 and Beyond

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.