2021

article thumbnail

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
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes

Better Dwelling

The Canadian real estate boom has produced a gold rush, and now everyone is trying to sell you a home. It’s a country-wide phenomenon, as people see a low barrier of entry and large commissions. However, nowhere has taken to the trend like Toronto, which now has more Realtors than teachers. A lot more. Not […]. The post The Toronto Real Estate Bubble Now Has 1 In 59 Workers Selling Homes appeared first on Better Dwelling.

As-is 145
article thumbnail

$15M Florida Mansion Has an Other-Worldly Backyard Inspired by ‘Avatar’

Realtor.com

Realtor.com The highest-grossing film of all time inspired the sellers of a Florida estate to create a lighted paradise in their backyard. Villa Florentyna, which takes its cues from the director James Cameron’s “Avatar,” sits on 5 acres on Pondwood Rd in Boca Raton, FL. The name of the home is based on the word for “blooming” in Latin, and this property is in full flower.

As-is 145
article thumbnail

The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

article thumbnail

How To Negotiate After A Home Inspection

Maximum Exposure Real Estate

Real Estate Home Inspection Negotiations Are you wondering how to negotiate after a home inspection? A home is never truly bought or sold until the money has exchanged hands. You may have received an offer on your house and be reasonably sure that you have a buyer, but there are several other steps you must […]. The post How To Negotiate After A Home Inspection appeared first on Massachusetts Real Estate Exposure.

More Trending

article thumbnail

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.

article thumbnail

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.

article thumbnail

Does it Make Sense to Refinance My Mortgage?

Realty Biz

If you are asking yourself, “should I refinance?” there are many things to consider. Homes are normally the largest expense people ever commit to and one that can have far-reaching consequences on their financial future. Looking at refinance mortgage options should provide you a way to deal with unexpected expenses, better plan your retirement, or pay for improvements to your home.

Mortgages 145
article thumbnail

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

Title 145
article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

article thumbnail

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.

article thumbnail

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.

145
145
article thumbnail

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
article thumbnail

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 […].

145
145
article thumbnail

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.

article thumbnail

California Gov. Gavin Newsom Sells Marin County Mansion for $5.9M

Realtor.com

California Gov. Gavin Newsom has sold his midcentury modern home in the Marin County enclave of Kentfield, CA, for $5.9 million. The post California Gov. Gavin Newsom Sells Marin County Mansion for $5.9M appeared first on Real Estate News & Insights | realtor.com®.

145
145
article thumbnail

How to Buy a House at Auction

Maximum Exposure Real Estate

Buying Houses at Auction One of the questions home buyers often ask is how do real estate auctions work? The question is often asked because they want to know how to buy a house at auction. Buying a home at auction offers an exciting alternative to the traditional route – one that can be perfect […]. The post How to Buy a House at Auction appeared first on Massachusetts Real Estate Exposure.

145
145
article thumbnail

Annual Home Price Gains Hit Record High in June

Eye on Housing

In June, national home prices continued to rise at a fast and unsustainable rate. Strong demand and low housing inventory have been driving home prices at double-digit growths for eleven months. All 20 metro areas reported home price increases in June, while 12 of them had an acceleration in home price growth. The S&P CoreLogic Case-Shiller U.S.

article thumbnail

Tips to Help You Be a Better (More Successful) First-Time Buyer in This Market

Lighter Side of Real Estate

If you’ve never purchased a home before, it can be hard to know what the process will be like. But chances are, you have some ideas about what to expect—but in this real estate market, you may need to reevaluate some of those expectations. A recent article from realtor.com outlined common ideas first-time buyers have about the homebuying process that, in this market, are unrealistic at best (and delusional at worst), including: You can find a mortgage after you find your house.

article thumbnail

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.

article thumbnail

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.

144
144
article thumbnail

Questions to Ask When Renting a Room

Realty Biz

Considerations When Renting a Room in Someone’s House. Are you considering renting a room in someone’s house? You are not alone as sharing space in a home has become more popular. Owning a home can be expensive. That’s why many people are opting to rent a room in their home so they can help cut down housing costs. Some owners have found themselves in a financial squeeze that has forced them to do things they otherwise would not.

Principal 145
article thumbnail

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.

article thumbnail

The Joy of Color: 5 Rooms in Unexpected Hues

Sotheby's International Real Estate

Barcelona, Spain | Barcelona & Costa Brava Sotheby’s International Realty. Looking to manifest a little more joy at home? Just add a pop of color. While a neutral palette and soft hues continue to lead the way in contemporary design, maximalist desires are proving to be in demand once again, and that includes the use of bright and bold shades. Whether fully committing to transforming a room with an unexpected tone, or opting to incorporate accents for a little panache, the spaces in these f

Design 143
article thumbnail

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.

article thumbnail

First-Time Homebuyer Loans & Programs

Point2Homes

Image: William Potter / Shutterstock.com. Buying a home might seem simple, but there’s actually a lot more involved than you might initially think. For instance, in addition to a variety of new terms to understand, there’s also paperwork to complete and fees to pay before closing on your new home. And, while you might be tempted to rush through the process as quickly as possible, cutting corners could be financially detrimental in the long run.

Loans 144
article thumbnail

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.

Investor 545
article thumbnail

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
article thumbnail

Schitt’s Creek, but in Real Life: Owner Tries Selling California Desert Town

Realtor.com

Angela Owens/The Wall Street Journal NIPTON, Calif.—In the award-winning television show “Schitt’s Creek,” the owners of the tiny town of the same name try to sell it, with no luck. Roxanne Lang feels like she’s been living that story line on repeat. For more than half a decade now, she has been trying to sell her own town, an 80-acre plot of land on the California side of the Mojave Desert, about an hour away from Las Vegas.

Finance 145
article thumbnail

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.

article thumbnail

Fixer Upper Homes: What Are The Pros and Cons to Buy One

Maximum Exposure Real Estate

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.

145
145
article thumbnail

Mortgage Refinancing Activity Tapers in Latest Month

Eye on Housing

The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month. The 30-year fixed-rate mortgage rate hovered 3 basis points above 3 percent, consistently, for the last three weeks.

article thumbnail

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.

Finance 145