Why This Housing Market Is Not a Bubble Ready To Pop
Keeping Current Matters
APRIL 21, 2022
Homeownership has become a major element in achieving the American Dream.
Keeping Current Matters
APRIL 21, 2022
Homeownership has become a major element in achieving the American Dream.
Eye on Housing
APRIL 13, 2022
According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 1.4% in March, following an upwardly revised increase of 2.2% in February and 4.1% in January. This adds up to an 8% jump in building materials prices since the start.
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Miller Samuel INC
APRIL 14, 2022
For each issue of Elliman Magazine produced by Douglas Elliman , the same company that publishes most of our U.S. market research , I write a brief column and create a graphic to illustrate an important issue facing the luxury housing market. Of course, the graphic I create is then supercharged by their very talented graphics staff. Listing inventory has essentially collapsed in most U.S. housing markets as unusually low rates against the backdrop of robust economic conditions have burned off su
Housing Wire
APRIL 20, 2022
A Department of Veterans Affairs lending program for Native American veterans has been severely underutilized, a government watchdog found. According to a report the Government Accountability Office published this week, the VA’s Native American Direct Loan program only resulted in 89 loans originated in the continental U.S. from 2012 to 2021. This represents less than 1% of the estimated potentially eligible population of 70,000 veterans, the watchdog agency said.
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RIS Media
APRIL 8, 2022
Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers.
Maximum Exposure Real Estate
APRIL 1, 2022
What are the pros and cons of selling a home as-is? You may have thought about this question if you’re planning on selling a home. Sometimes when you are selling a house that has some issues, selling it “as is” may seem like the most straightforward course of action. Most homeowners assume that selling a […]. The post Selling a House As Is: What Are The Pros and Cons?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Lighter Side of Real Estate
APRIL 6, 2022
You’re probably well aware that mortgage rates are rising. At the same time, home prices don’t seem to be coming down, there’s still a ton of competition, and you’re probably no stranger to bidding wars when you make an offer on a house. So you might be searching for a way to maintain the buying power you had when rates were a little lower, or just a competitive edge so you can offer a little more for the houses you bid on.
Coldwell Banker
APRIL 15, 2022
You may be ready to start an exciting adventure in a new home, but what about your pets? Some furry family members may find moving to an unfamiliar place stressful, but there are ways to ease them into it with a little advance planning. Pet-Friendly Properties Living harmoniously with pets is a top priority for […]. The post Smart Moving Tips for Homeowners With Pets appeared first on Coldwell Banker Blue Matter.
Housing Wire
APRIL 14, 2022
Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of rea
HomeLight
APRIL 21, 2022
Even in a seller’s market, selling a house can be a lengthy ordeal. From catching up on those repairs you’ve put off for years, to staging, showings and longing to get competitive offers, the process can leave you wanting assistance. The commonality of the experience gave rise to a tradition that has become part of home-selling folklore — the act of burying a St.
Advertiser: Trellis
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.
Maximum Exposure Real Estate
APRIL 9, 2022
Differences Between Real Estate Agents, Realtors, and Brokers One of the questions I often get is if there is a difference between a Realtor®, Real Estate agent, and a broker. The difference between a real estate agent and Realtor® is significant. Hiring someone to help you with a real estate transaction can sometimes be confusing […]. The post Real Estate Agents vs.
Sotheby's International Real Estate
APRIL 2, 2022
Carefully selecting interior design shades is an easy way to create a reliably stylish ambience in a home. These residences—from Fifth Avenue to California wine country—turn up the sophistication with swaths of calming neutral colors. Waterfront Oasis. Tiburon, California | Josh Burns, Sotheby’s International Realty – San Francisco Brokerage. This distinctive three-bedroom residence enjoys unobstructed views from its coveted waterfront lot.
Eye on Housing
APRIL 19, 2022
Single-family starts permits declined in March, as higher interest rates weighed on housing affordability and produced a fourth straight decline for the NAHB/Wells Fargo HMI. Additionally, the cost and availability of materials, lumber, labor and lots remain key supply-side headwinds. Nonetheless, the resale market lacks inventory supporting ongoing demand for new construction.
GeekEstate
APRIL 5, 2022
This week, we interviewed Stephen Baker from Zego. Let’s get to it! Who are you and what do you do? My name is Stephen Baker and I’m the President and General Manager of Zego, a property technology company that helps operators modernize the resident experience to boost retention and improve efficiency. In my role as President and General Manager, I manage Zego’s growing resident experience management business, utilized by 12M+ residential units, more than 6,000 property clients, and over 3
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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.
Housing Wire
APRIL 13, 2022
Mortgage application volume dropped 1.3% for the week ending on April 8, from the previous week, as mortgage rates eclipsed the 5% mark. Refinance applications fell 5% from the prior week and 62% from the same week a year ago, according to the Mortgage Bankers Association ‘s weekly survey. “Mortgage rates have spiked more than 1.5 percentage points thus far in 2022,” Mike Fratantoni, MBA’s senior vice president and chief economist, said in a statement.
Realty Biz
APRIL 19, 2022
How to Make Your House Ready to Be Listed For Sale. When you list your home for sale, you’ll want to put your best foot forward. Many things go into a successful home sale, including setting the right price and hiring an outstanding real estate agent. Your property’s presentation will be very important, from the curb appeal to the home itself.
Maximum Exposure Real Estate
APRIL 11, 2022
How to Make an Offer For a House Buying a house in today’s competitive market can be a real challenge. Potential buyers need to understand that making offers could become a routine before landing your dream house. It’s an extreme seller’s market where a bidding war is a norm and not the exception. It’s a […]. The post Making Offers on Houses: What You Need to Know appeared first on Maximum Real Estate Exposure.
Sotheby's International Real Estate
APRIL 23, 2022
Whether classical or colorfully modern, a fountain brings the serene sounds of water to any estate. Each of these five homes—from the Connecticut to California—uses a fountain to turn an outdoor area into an oasis that is both eye-catching and calming. California Meets Bali. Shelton Wilder, Sotheby’s International Realty – Brentwood Brokerage.
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.
Eye on Housing
APRIL 8, 2022
According to the latest May 2021 Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $49,070 and the top 25% make at least $75,820. In comparison, the U.S. median wage is $45,760, while the top quartile (top 25%) makes.
Easy Agent Pro
APRIL 18, 2022
Spring has officially sprung! People nationwide are getting outside and doing much-needed spring cleaning. You may be tempted to frolic in the flowers yourself. But if you’re in the real estate industry, this season can set the tone for the rest of your year—and your sales. Spring is your annual springboard! So today, we’re sharing our top 5 spring marketing ideas for real estate.
Housing Wire
APRIL 19, 2022
The Federal Housing Administration told mortgage servicers that they can now offer a 40-year loan term as a COVID-19 recovery option. Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest update to FHA’s mortgage lending policies. For now, only borrowers financially impacted by the pandemic can opt for the loss mitigation option, and it may only be used in combination with a partial claim option.
HomeLight
APRIL 29, 2022
When it comes to getting your house ready to sell, Maryland real estate agent Bob Lucido likens it to putting yourself on a dating site. “We want people to fall in love with the house and that starts from the outside, every component,” says Lucido. “First impressions make a ton of impact to a potential buyer, so what we do is critique the exterior thoroughly but don’t overdo it.”.
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.
Coldwell Banker
APRIL 6, 2022
Extra, extra! Read the top news items that ran in March about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top Coldwell Banker Stories of the Month – March 2022 appeared first on Coldwell Banker Blue Matter.
Sotheby's International Real Estate
APRIL 5, 2022
Combining the storybook style of English countryside cottages with the refinement and luxury of a contemporary American estate, this regal manor is tucked amid trees and a formal parterre in the bucolic Tall Timbers area of Houston’s prestigious River Oaks. The setting is peaceful and private, yet the amenities of downtown and the famed Galleria are minutes away.
Eye on Housing
APRIL 27, 2022
The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 65.4% in the first quarter of 2022, which is statistically unchanged from the last quarter reading. The national homeowner vacancy rate slipped to a record low of 0.8%, while the rental vacancy rate increased to 5.8%. The covid-induced data collection restrictions have ended in all areas as.
Real Trends
APRIL 14, 2022
Home buyers looking for a home in 2022 will have to look for properties that are roughly $40,000 cheaper, according to a report released by the National Association of Realtors on Wednesday. According to NAR, rising inflation is to blame for the smaller home buying budgets. In March, inflation accelerated to 8.5% , the strongest pace of inflation in 40 years.
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Housing Wire
APRIL 20, 2022
The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 million. However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. However, hope for a balanced market is real this year because, with higher rates, we should see more days on the market coming up and growth in the inventory data.
HomeLight
APRIL 21, 2022
Most home sellers face the common conundrum of trying to sell their home while still living in it. A quick search of online listings will reveal the range of those showcasing uninhabited houses, obviously staged ones, and then even more obviously lived-in homes. The goal for selling a house you’re still living in, is to stage it so that it appears that you’ve already moved out and the cleaning fairies have moved in.
Realty Biz
APRIL 6, 2022
When buying or selling a home, having a clear understanding of its worth is very important. You’ll want to make sure you don’t pay too much when buying, but want the seller to accept your offer. Pricing your home when you are selling it is also tricky, making the price attractive to buyers but not selling it for too little. While you might have ideas about what a home is worth, your real estate agent has the tools and experience to find the right price point.
Sotheby's International Real Estate
APRIL 12, 2022
Heralded since the early 20th century as a tropical paradise, Palm Beach has long been a destination for luxurious coastal living with a singular architectural style—clear Mediterranean inspiration and a dedication to patios, loggias, lawns, and balconies that link interiors with surroundings. Many of the hallmarks of an iconic Palm Beach haven are on full display at this 1930 estate, including a barrel-tile roof, balconies and stairways with decorative iron railings, sunset-hued stonework, Old
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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