Housing Wire

NOVEMBER 30, 2020

U.S pending home sales fell 1.1% in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% compared to a year ago. According to Joel Kan, the Mortgage Bankers Associations assistant vice president of economic and industry forecasting, that robust year-over-year improvement in activity is a sign the mark

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Keeping Current Matters

NOVEMBER 2, 2020

Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them. Analysts will try to measure the impact feasible changes in regulations might have on housing, the effect of a possible first-time buyer program, and any number of other situations based on who wins.

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American Lifestyle

NOVEMBER 13, 2020

The post Top 7 Things You Need to Know Before House-hunting on Zillow appeared first on American Lifestyle Magazine.

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Maximum Exposure Real Estate

NOVEMBER 29, 2020

What Buyers and Sellers Need to Understand About a Home Inspection Are you going to be getting a home inspection? Home inspections are a vital part of the real estate transaction process, so it makes sense to learn as much as you can about them. The more you know about what they entail, and more […]. The post Home Inspections: What to Know About a House Inspection appeared first on Massachusetts Real Estate Exposure.

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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

Realtor.com

NOVEMBER 27, 2020

"Home Alone": 20th Century Fox; house: Wikipedia/Creative Commons With the holidays in full swing but COVID-19 keeping many of us at home, it’s a prime opportunity to binge-watch some holiday movies—and one must-watch is “Home Alone,” which turns 30 years old this year. This classic John Hughes film from 1990 stars a young Macaulay Culkin as Kevin McCallister , a precocious 8-year-old accidentally abandoned by his large, chaotic family when they jet off to Paris.

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The American Genius for Real Estate

NOVEMBER 20, 2020

(REAL ESTATE MARKETING) The no-code movement is putting more power in the hands of folks with zero programming skills. So what makes it different from low-coding, and what choice is right for your business goals? The post What you need to know about no-code vs low-code (and what it means) appeared first on The American Genius Real Estate.

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Keeping Current Matters

NOVEMBER 10, 2020

For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner: “…a primary home accounts for 90% of the total wealth of a family in the U.S.”.

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Eye on Housing

NOVEMBER 19, 2020

Fueled by record-low mortgage rates and strong demand, existing home sales, as reported by the National Association of Realtors (NAR), rose for a fifth consecutive month in October and reached its highest level in almost 15 years. Total existing home sales, including single-family homes, townhomes, condominiums and co-ops, rose 4.3% to a seasonally adjusted annual rate of 6.85 million in.

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Maximum Exposure Real Estate

NOVEMBER 29, 2020

Understanding Home Appraisals Are you interested in understanding what to expect from your home appraisal? Real estate appraisals are an integral part of purchasing and selling a property, particularly if the buyer is seeking funding from a lender. The appraised value of a home can make or break a sale, so it only makes sense […]. The post Home Appraisal: What to Know About House Appraisals appeared first on Massachusetts Real Estate Exposure.

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Realty Biz

NOVEMBER 20, 2020

What to Know About P.O. Boxes. Are you considering getting a P.O. box? Do you know what a P.O. box costs? There are many reasons why you might need a P.O. box. Maybe you want to keep your home address separate from a business address, or you want to make sure you don’t lose mail during a house move. When people want to know how to change a mailing address , they sometimes opt for getting a P.O. box simultaneously.

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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

NOVEMBER 4, 2020

Hispanolistic/Getty Images Home trends come and go, but social distancing and staying at home have ushered in a new way of life—and some of those changes have spurred home trends that are likely to stick around well past the COVID-19 era. “The idea of what is necessary is changing,” says Camille Thomas , a real estate matchmaker and lifestyle expert in Jackson Hole, WY.

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Housing Wire

NOVEMBER 25, 2020

The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival. Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets.

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Keeping Current Matters

NOVEMBER 30, 2020

Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are five keys to success for this important stage in the homebuying process. 1. Listen to Your Real Estate Agent.

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Eye on Housing

NOVEMBER 2, 2020

Data from the 2019 Census Bureau Survey of Construction (SOC) show a gain for the number of multifamily units built in smaller properties, reversing a trend that favored larger buildings over recent years. The SOC differentiates between a “building” and a “unit”, with “unit” defined as an apartment, a group of rooms, or a single room intended for occupancy as.

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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

Maximum Exposure Real Estate

NOVEMBER 9, 2020

Comparing Self-Storage Units to PODS Are you trying to decide between renting a storage unit or going with a POD instead? Self-storage vs. PODS – the war rages on! Moving can be a rather bothersome task. There are several things that have to take place. Getting the utilities moved to the new address, changing your […]. The post Renting a Pod vs a Self-Storage Unit: Pros and Cons of Both appeared first on Massachusetts Real Estate Exposure.

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Realty Biz

NOVEMBER 26, 2020

What to Know About Renting For The First Time. Are you thinking of moving out of your parent’s home and renting your first house or apartment? When you rent your first home, there are things you should know to avoid the pitfalls that could put you at odds with your landlord. Renting a house could involve some things you aren’t aware of, so allow us to give you the knowledge to help you find your ideal home with the minimum stress.

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Realtor.com

NOVEMBER 23, 2020

Viktoriia Hnatiuk / Getty Images Savvy home buyers know that winter is typically a good time to embark on a house hunt, since much of their competition stays holed up at home until spring. But this winter, buyers might notice that despite the cold and the holidays, they’ve got company. Lots of it, in fact. “Normally winter is a good time for buyers,” says realtor.com® chief economist Danielle Hale.

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Housing Wire

NOVEMBER 24, 2020

The Federal Housing Finance Agency announced new conforming loan limits for Fannie Mae and Freddie Mac for 2021: $548,250. This is a 7.5% increase from 2020’s limit of $510,400 and marks the fifth consecutive year of increases from the FHFA. In 2016, the FHFA increased the Fannie and Freddie conforming loan limit for the first time in 10 years, and since then, the loan limit has gone up by $131,250.

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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

Keeping Current Matters

NOVEMBER 12, 2020

In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes : “It will be one of the best winter sales years ever.”. The typical winter slowdown in the housing market is simply not on the radar.

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Better Dwelling

NOVEMBER 13, 2020

Canada’s central bank is still buying tens of million of mortgage bonds. Bank of Canada (BoC) data shows the balance of Canada Mortgage Bonds (CMBs) they hold, increased this week. The increase is a couple of weeks after the pandemic program to buy these has ended. However, it appears that didn’t mean they were going […]. The post Bank of Canada Ended The Mortgage Program That Inflated Prices… Kind of appeared first on Better Dwelling.

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Banks Mortgages 143

Coldwell Banker

NOVEMBER 10, 2020

With many gyms closed or operating at minimum capacity, a home gym has never sounded more appealing. Three out of five Americans are actually turning to home gyms for good, and over half of the population is looking for the best home-fitness options. You can even find affordable home gym equipment that gets the job done just as efficiently as a commercial gym can.

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Maximum Exposure Real Estate

NOVEMBER 14, 2020

Get Your Credit Report FREE! Are you interested in learning how to get a free credit report? How about a free credit score? Your credit report is an important financial document that you should review at least once a year. Three leading credit reporting companies produce credit reports, Equifax, Experian, and TransUnion. Your credit report […].

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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

NOVEMBER 2, 2020

BackyardProduction / Getty Images Winter is traditionally real estate’s slow season. Between the cold weather and the holidays, the housing market typically plunges into a hibernation of sorts, with both buyers and sellers shelving any major real estate moves until spring. This winter’s real estate market, however, is shaping up to be unlike any other before it—and, contrary to what some may have feared, is slated to be an excellent time to sell a home.

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Housing Wire

NOVEMBER 19, 2020

The average U.S. mortgage rate for a 30-year fixed loan fell this week to 2.72%, Freddie Mac said in a report on Thursday – the lowest rate in the survey’s near 50-year history. This week’s rate broke the previous record set on Nov. 5 by 6 basis points. The average fixed rate for a 15-year mortgage also fell by 6 basis points to 2.28%. After this week’s record drop, there have now been 17 consecutive weeks when average mortgage rates have been below 3%.

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Mortgages Construction Loans As-is 546

Keeping Current Matters

NOVEMBER 25, 2020

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match.

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Better Dwelling

NOVEMBER 25, 2020

Greater Toronto real estate is on fire… just not condo apartments, which is seeing a lot of sellers. Toronto Regional Real Estate Board (TRREB) data shows condo apartment prices slid for a fifth month in October. Condo sales are fairly in line with last year’s numbers, except in the city. However, inventory has more than […]. The post Toronto Condo Prices Down Over $20k From Peak, As Inventory Doubles appeared first on Better Dwelling.

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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

Marco Santarelli

NOVEMBER 17, 2020

Nashville housing market remains one of the hottest markets in the US. Despite the pandemic led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. Across the nation, we have seen people moving from big cities to the suburbs. Nashville too has seen an influx of buyers coming from larger markets like Seattle, New York, and California.

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Maximum Exposure Real Estate

NOVEMBER 30, 2020

What to Know About Septic Systems Costs Both New and Replacement Do you need to replace your septic system? Are you interested in understanding the costs of septic system replacement? If you’re considering buying a home that needs a new septic tank system or getting a construction loan to build a new property, you might […]. The post How Much Does a Septic System Cost: Replacement and New appeared first on Massachusetts Real Estate Exposure.

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Realtor.com

NOVEMBER 4, 2020

Feverpitched / Getty Images Selling a home in winter is often a slow process. Since many home buyers traditionally hunker down as the temperature drops, particularly during the holidays, home sellers with real estate on the market typically see fewer buyers and lower offers. That’s your typical winter, but this winter is shaping up to be a whole different reality, even a hot seller’s market.

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Housing Wire

NOVEMBER 19, 2020

The Department of Justice (DOJ) filed a lawsuit against the National Association of Realtors (NAR) on Thursday, alleging a series of violations of antitrust law, including commission arrangements and consumer disclosure requirements. NAR has adopted a “series of rules, policies, and practices governing, among other things, the publication and marketing of real estate, real estate broker commissions, as well as real estate broker access to lockboxes, that have been widely adopted by NAR’s m

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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.

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