Housing Wire

SEPTEMBER 22, 2020

Painter Kenneth Noland said, “Context is key – from that comes the understanding of everything.” Whether that is true in the world of art I could not tell you, but it is most certainly true in the world of economics. What are numbers but meaningless points? It is when those points are considered in the context of what has happened before and what we expect to happen in the future that they become imbued with meaning.

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Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Now, believe it or not, fall home-buying season is in full swing.

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RIS Media

SEPTEMBER 13, 2020

A global view of the pandemic’s impact on the commercial market. The world has changed dramatically since the coronavirus outbreak, and global real estate markets have not escaped its impact. The pandemic has magnified and accelerated a number of sector trends for the longer term. Even in a post-pandemic world, it is widely accepted that many of the new practices, such as increased remote working and greater e-commerce, will continue to be observed.

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Keeping Current Matters

SEPTEMBER 30, 2020

If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market. ShowingTime , a leading real estate showing software and market stat service provider, just reported that buyer traffic jumped 60.7% compared to this time last year.

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Realty Biz

SEPTEMBER 29, 2020

Reasons To Buy A Home In The Fall. The fall season is usually full of major changes. Many young people return to school, football season begins in full swing and the overall climate makes a change with cooler temperatures and vibrant colors. Over the last few years, the fall season has also become a popular time to sell a home. While spring still remains the most popular season for selling a home, there are plenty of reasons to try and buy a property in the Autumn of the year.

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Realtor.com

SEPTEMBER 22, 2020

Warchi/iStock There comes a time in many people’s lives—usually when the words “baby” or “school district” become a regular part of the vocabulary—when people flee the glamorous city to the charming suburbs. Add the coronavirus pandemic to the equation, and suddenly the scales tip all the more toward suburban flight happening sooner rather than later.

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Housing Wire

SEPTEMBER 23, 2020

Home prices jumped more than 2% between May and July, the largest two-month gain on record, as Americans emerging from COVID-19 lockdowns bought real estate, the Federal Housing Finance Agency said in a Wednesday report. Gains in prices were driven by mortgage rates that started tumbling to record lows after the Federal Reserve began a bond-buying program in March to prevent a credit freeze amid the pandemic-induced recession.

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Imagine Your House

SEPTEMBER 18, 2020

Simple ways to get your kitchen ready when selling a home without having to undertake a major remodel. Selling a home and you want to know what you can do in your kitchen to ensure that it is most appealing to prospective home buyers. What can you do? . Here in the beginning of my series zeroing in on the rooms of your home when selling a home , I begin with one of the most treasured parts of a home, the Kitchen.

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Keeping Current Matters

SEPTEMBER 3, 2020

Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming weeks might just be the timing you’ve been waiting for.

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Maximum Exposure Real Estate

SEPTEMBER 28, 2020

What to Know About PODS Do you know what a POD is and how they work? By the time your done reading, you’ll have an ample amount of insightful information to understand whether renting a PODS moving container is right for you. If the cost of hiring movers stretches your budget further than you imagined, […]. The post Renting a PODS Moving Container: What to Know appeared first on Massachusetts Real Estate Exposure.

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Realtor.com

SEPTEMBER 18, 2020

Westend61 / Getty Images By the time my husband and I put in an offer on a home (for the third time) in August, we were exhausted by the home-buying process—and we hadn’t even bought a home yet. Even in the midsize town in northern Alabama where we wanted to buy, the real estate market was nuts. Homes were going under contract the same day they were listed, making it nearly impossible to see the house and feel confident enough to submit an offer before we were beaten to the punch by anothe

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Eye on Housing

SEPTEMBER 21, 2020

The 2019 Survey of Construction (SOC) from the Census Bureau shows that the average completion time of a single-family house is around 8.1 months, which usually includes a little over a month from authorization to start and another 7 months to finish the construction. The average time to build a single-family home has been on an upward trend since 2014.

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Housing Wire

SEPTEMBER 22, 2020

Sales of existing homes rose to a 14-year high of 6 million in August, the National Association of Realtors said in a report on Tuesday. Combined sales of single-family houses, townhomes, condominiums and cooperatively owned apartments rose 2.4% from July, according to the report. Compared to a year ago, prior to the COVID-19 pandemic, last month’s sales were 11% higher, NAR said. “ Home sales continue to amaze , and there are plenty of buyers in the pipeline ready to enter the market,” sa

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Homes.com

SEPTEMBER 16, 2020

Ashley and Jamin Mills of The Handmade Home are giving us a glimpse of how their fur babies live lavishly. Want a dream dog pad of your own? Then join us for this DIY abode. The post Doggy Dream Home Makeover: The Handmade Home’s Backyard Bungalow appeared first on Homes.com.

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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.

Agents

Keeping Current Matters

SEPTEMBER 1, 2020

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and here’s why.

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RIS Media

SEPTEMBER 13, 2020

It’s a complicated, competitive world out there, made even more complex by the powerful pandemic that turned life upside-down for so many people. For real estate brokers, agents and investors, the initial freeze on the residential real estate market quickly turned to frenzy. The fast-paced market of summer 2020 required some grounding to make sense of trends locally, regionally and nationally.

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Realtor.com

SEPTEMBER 3, 2020

SolStock/Getty Images You’re no Bob Vila , but part of being a homeowner or renter is knowing how to tackle common home repair projects on your own. We’re talking about tasks that fall somewhere between changing a lightbulb and hardwiring a light fixture. These projects aren’t exactly no-brainers, but they also won’t put you at risk of electrocution.

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Eye on Housing

SEPTEMBER 4, 2020

Using the 2018 Rental Housing Finance Survey (RHFS) published by the US Census Bureau, this post examines the characteristics of rental housing in the United States. The RHFS provides measures of financial, mortgage, and property characteristics of rental properties in the US on a current and continuous basis.[1] General Characteristics The 2018 RHFS survey shows that there are 19,955,000 rental.

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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.

Sales

Housing Wire

SEPTEMBER 18, 2020

For Victoria Murphy, a RE/MAX agent in Oahu, Hawaii, getting her Realtor license was always a part of her plan. But shut-down orders in March helped push the college student to get it done. Murphy said the shut-down gave her enough time to get through the pre-licensing course and she was able to enter the real estate world feeling excited and determined.

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Homes.com

SEPTEMBER 17, 2020

Today's doggy DIY masterpiece is spearheaded by Rashida Banks. Taking Irish pub inspiration to create a puppy "paw"lor, this DIY dog house is the ultimate stay-cation for any pet. The post Doggy Dream Home Makeover: Rashida Bank’s Puppy “Paw”lor appeared first on Homes.com.

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Keeping Current Matters

SEPTEMBER 10, 2020

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right.

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Marco Santarelli

SEPTEMBER 22, 2020

We'll be discussing the latest Chicago real estate market trends. The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. In the Chicago Metro Housing Market , which comprises of the nine counties, home sales (single-family and condominiums) were up 12.0 percent from July 2019 sales.

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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.

Agents

Realtor.com

SEPTEMBER 24, 2020

scanrail / Getty Images The coronavirus pandemic has affected every facet of our lives—even, apparently, the colors we should paint our walls. As proof, look no further than the colors of the year for 2021. The time has arrived when paint companies start rolling out their top hues that embody the era’s zeitgeist. And, with 2020 being unlike anything we’ve experienced in our lives thus far, it’s no surprise that COVID-19 has had a palpable impact on which colors are predicted to

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Eye on Housing

SEPTEMBER 11, 2020

Prices paid for goods used in residential construction continued their upward trend in August, increasing 0.9% (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. It is the fourth consecutive monthly increase since the index declined three months straight and brings the index back to its pre-pandemic level.

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Housing Wire

SEPTEMBER 15, 2020

Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 trillion. The dollar-volume record will be boosted by $2.4 trillion in refinancings, the highest level since 2003 and more than double the level seen in 2019, the mortgage giant said in a forecast on Tuesday. “We continue to believe that a low-rate environment will support refinance demand over the forecast horizon,” Fannie Mae said in the forecast.

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Homes.com

SEPTEMBER 9, 2020

Looking to turn your house into a healthy haven to protect your family from COVID-19? Try these six products to transform your space. *Cover image sourced from Home Depot. The post 6 Products You Need to Keep Your Home Germ-free and Sanitized in 2020 appeared first on Homes.com.

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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.

Agents

Keeping Current Matters

SEPTEMBER 22, 2020

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported : “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.”. Whenever there is a shortage in supply of an item that’s in high demand, the price of that item increases.

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HomeLight

SEPTEMBER 30, 2020

In August 2020, a couple in Jacksonville, Florida, ordered an appraisal on their house so they could take advantage of low refinancing rates. As The New York Times reported, after their first appraisal came in suspiciously low , and the homeowners then made some minor decorating adjustments, a second appraisal valued their home a full 40% higher than the first.

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Realtor.com

SEPTEMBER 24, 2020

Feverpitched/Getty Images If you imagined 2020 was the year you would finally list your house for sale, you may have hit the brakes on those plans when the coronavirus pandemic arrived. But now, we’re more than six months into the COVID-19 era with no clear end in sight. As many people continue working and logging in to school from home, the real estate market is again heating up with buyers eager to upgrade to a new home.

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Eye on Housing

SEPTEMBER 29, 2020

National home prices continued to increase at a modest pace in July. While Los Angeles posted the strongest annual growth rate among the 19 metro areas, New York experienced a home price decline. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 4.7% in July, Read More › The post Home Price Appreciation Continues in July first appeared on Eye On Housing.

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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.

Agents