Sat.Oct 24, 2020 - Fri.Oct 30, 2020

Redfin faces lawsuit claiming it favors white neighborhoods

Housing Wire

The National Fair Housing Alliance and nine other housing organizations filed a lawsuit against Redfin on Wednesday, accusing the online brokerage of racial discrimination and favoritism toward predominately white neighborhoods.

How Down Payment Assistance Opens the Door to Homeownership

Keeping Current Matters

Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership.

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Buying Your First House: Tips For Buyers

RIS Media

When taking on any new project, the more you know and understand, the better things are likely to go. The same is true when buying a home for the first time. With our first-time buyer tips, you should be able to avoid many of the problems that can prevent your purchase from going well.

Mortgage relief refinance programs for 2020

The Morgtage Report

Popular government mortgage relief programs like HARP and FMERR have ended. But there's one mortgage relief refinance left. Find out if you qualify. Conventional Loans FHA Refinance Mortgage Strategy Refinance USDA Loans VA Loans VA Refinance

Is 2021 a good time to buy a house?

Housing Wire

This year’s housing market has been plagued with low inventory, rising home prices, and endless bidding wars, making it hard for some would-be homeowners to get their foot in the door. Will 2021 be any different? Or, will it be a good time to buy a home?

Buyer Interest Is Growing among Younger Generations

Keeping Current Matters

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception.

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9 Comics That Show What It’s Like Being a Real Estate Agent

Lighter Side of Real Estate

Agents: Share articles like these with your branding on them. Learn More. Members: Sign in here to share this article with your branding. Sign in here. Not a member? Seriously? Learn how you can share articles like this one with your branding. Learn more.

Holy smokes — new home sales are up 32.1% year over year

Housing Wire

The one economic sector that has blown away my estimates this year has been the new home sales market. I predicted peak year-to-date growth of 4.7% but this was before COVID-19, which temporarily crushed bond yields and mortgage rates.

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Two Important Impacts of Home Equity

Keeping Current Matters

Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic , the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising.

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7 Steps to Prepare Your Home for Winter

RIS Media

(TNS)—All seasons affect your home, but perhaps no other season impacts it more than winter. The cold temperatures, wind, snow and freezing rain combine to make it a season not to be ignored.

Broad Upzoning Makes Housing Less Affordable, And Doesn’t Add Supply

Better Dwelling

Politicians are increasingly discussing broad upzoning as a housing affordability solution. Instead of one home on a property, you can now build two homes on the same amount of land. All across the city, in some cases.

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Refis lead the way as mortgage applications rise 1.7%

Housing Wire

After two weeks of slight declines , mortgage applications regained their footing last week, rising 1.7% from the week prior, according to a report from the Mortgage Bankers Association.

Three Ways Low Inventory Is a Win for Sellers

Keeping Current Matters

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors ( NAR ): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” ” When the demand for homes is higher than what’s available for sale, it’s a great time for homeowners to sell their house.

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COLDWELL BANKER REAL ESTATE “TRANSPARENT REBRAND” WINS 2020 MARCOM PLATINUM AWARD

Coldwell Banker

International marketing competition recognizes the company’s rebrand as standout marketing strategy. The post COLDWELL BANKER REAL ESTATE “TRANSPARENT REBRAND” WINS 2020 MARCOM PLATINUM AWARD appeared first on Coldwell Banker Blue Matter.

A definition of the term Starter Home and why no one should use it

The American Genius for Real Estate

(HOMEOWNERSHIP) You see the term in the MLS for fixer uppers. You hear it when Realtors are working with first time buyers. But the term "starter home" shouldn't be in anyone's vocabulary.

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Home price index sees greatest gain in over 2 years

Housing Wire

The S&P CoreLogic Case-Shiller index of home prices in 19* U.S. cities rose 5.7% in August from a year ago, the greatest year-over-year gain since 2018, driven unsurprisingly by tightened supply amid record-low interest rates. The August increase was larger than the 4.8%

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Renting an Apartment for the First Time

Point2Homes

Image: Antonio Guillem / Shutterstock.com. If you’re considering moving out of your parent’s home and into your first apartment, you’re probably pumped. Renting an apartment for the first time can be an exciting experience.

Don’t give up! Your house is out there

The Living Room

In January, B.C. Before Covid), I had some lovely past clients put me in touch with some of their friends. Josh and Jamie had had a poor experience purchasing their first home and needed a fierce advocate in their corner.

Case-Shiller: COVID-Related Deceleration Behind Us?

RIS Media

In August, home prices increased 5.7 percent YoY, up from 4.8 percent in the previous month, according to the most recent S&P CoreLogic /Case-Shiller Indices. Year-over-year, the 10-City Composite increased 4.7 percent, up from 3.5 percent in the previous month.

Real estate tech roundup: Asteroom, Homesnap and SafeShowings

Housing Wire

Asteroom, a smartphone-based provider of mobile 3D home tours for real estate professionals, has announced a partnership with Berkshire Hathaway Home Services Fox & Roach which gives agents access to Asteroom ’s 3D tour technology, image enhancement and 3D virtual staging capabilities.

7 Home Buying Tips Every Veteran Needs to Know

Redfin

For most people, buying a home is an exciting and emotional milestone. This can be especially true for veterans, who have likely spent years traveling between bases, and are looking for a place to finally call their own.

Inside a Remarkable Upper East Side Townhouse

Sotheby's International Real Estate

Along one of the storied streets of Manhattan’s Upper East Side, this stately five-bedroom townhouse stands as a stalwart example of the traditions and regal refinement for which its historic neighborhood is known and beloved.

10 Habits of Top Real Estate Agents

RIS Media

Attaining success isn’t simply a matter of luck—it’s a matter of taking the time to learn real estate inside and out, applying your knowledge and sticking with it. Being successful is never a “one-and-done” situation.

Mortgage forbearances down 2 basis points to 5.9%, led by Fannie and Freddie

Housing Wire

The U.S. forbearance rate measuring the share of mortgages with suspended payments fell slightly to 5.9% last week, according to the Mortgage Bankers Association.

4 Ways to Invest in Real Estate as a Side Hustle

Ideal REI

At some point on your journey through passive income and financial independence, you'll think about investing in real estate. Most people dream of real estate investing but never take any concrete steps to achieve it.

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Glamorous Glass | 5 Homes with Stained-Glass Windows

Sotheby's International Real Estate

From New York to California, these homes feature stained-glass elements that transmit light and transform it into color, creating accents that are both visually striking and vibrant. A Piece of San Francisco History.

Pending Home Sales Slightly Down in September

RIS Media

Pending home sales slid 2.2 percent in September, a minor decline after posting four consecutive months of growth, according to the National Association of REALTORS®. All four major U.S.

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Fannie Mae nearly doubles net income in Q3

Housing Wire

Fannie Mae reported a net income of $4.2 billion in the third quarter of 2020, up from its net income of $2.5 billion in the second quarter of this year. In the second quarter, Fannie Mae’s earnings fell 26% as fee revenue declined during the slowing pandemic months. However, as the housing market bounced back , so did the mortgage giant’s profits.

Why you shouldn’t use your 401(k) to pay off a mortgage

The Morgtage Report

Most experts say: Don't use your 401(k) to pay off a mortgage. Luckily, you don't have to. There are plenty of other ways to pay off your mortgage early.

7 Signs Your Asking Price is Too High

Point2Homes

Image: Orathai Mayoeh / Shutterstock.com. Selling your home should be a carefully orchestrated process, and the most important step is setting the right asking price. In fact, setting the price too high can have several unpleasant side effects, and it is often the main reason your home isn’t selling.