Keeping Current Matters

JANUARY 4, 2021

It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them. When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move.

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The Mortgage Report

JANUARY 8, 2021

Here are five ways to pay off your mortgage faster. Plus, what to consider before putting your hard-earned cash toward early mortgage payments.

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Mortgages 140

Redfin

JANUARY 7, 2021

This article is a collaboration between Redfin and Hunker . With a new-found love for our homes this past year, it’s likely you’ve racked up a laundry list of ways that you’d love to revamp your space. And what better time to refresh and upgrade your home than the New Year? To help spark some inspiration, we partnered with Hunker to predict which home trends will be big over the next year.

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Housing Wire

JANUARY 25, 2021

Zillow’s 2021 housing forecast echoes the projections of other industry experts of a rapid acceleration of home value appreciation, with numbers anticipated to be even higher than in 2020. According to Zillow’s Home Value Index, the company expects seasonally adjusted home values to increase by 3.7% from December 2020 to March 2021, and by 10.5% through December 2021.

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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

Maximum Exposure Real Estate

JANUARY 22, 2021

How to End Paying Private Mortgage Insurance What is PMI? Great question, right? Many people, especially first time home buyers, hear the term PMI and have no idea what it means. You will see the definition of PMI in a moment and, more importantly, how to terminate it. One of the things that many homeowners […]. The post What is PMI: How to Get Rid of Private Mortgage Insurance appeared first on Massachusetts Real Estate Exposure.

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Realtor.com

JANUARY 12, 2021

Becki Peckham © Houzz Homeowners forced by the coronavirus pandemic to hole up in their homes for much of the past year are changing a few things about their homes. For starters, COVID-19 exposed the flaws of the open floor plans touted on HGTV and other design shows—finding a quiet space to jump on that Zoom meeting with the boss while the kids are remote learning a few feet away can be a logistical nightmare.

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Homes.com

JANUARY 12, 2021

Wanting to try out a little DIY? Brooke Cribbs shares her favorite DIY hacks to help take all your projects from drab to fab with ease! The post 4 DIY Hacks That Make Projects Easier appeared first on Homes.com.

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Brownstoner

JANUARY 25, 2021

A triangular block of buildings in Downtown Brooklyn is facing the wrecking ball. Currently, 10 of the 16 buildings that are on the block, which fronts Fulton Street, Dekalb Avenue, Flatbush Extension and Bond Street, have been demolished. One of those buildings, located at the tip of the flatiron-shaped block at… Read More > The post A Prominent Block in Downtown Brooklyn Is Quickly Being Demolished During the Pandemic appeared first on Brownstoner.

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Development 145

Housing Wire

JANUARY 22, 2021

Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% increase from the same month in 2019. Instead of thinking of the end of 2020 and going into 2021 as a hot sales market, this increase over December 2019 sales may be more appropriately interpreted as an end-of-the-year bump due

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Maximum Exposure Real Estate

JANUARY 1, 2021

What is a Reverse Mortgage Do you know what a reverse mortgage is and how it works? How about the pros and cons of a reverse mortgage? If you have no idea, you’re not alone. Tons of people have no idea how a reverse mortgage works. Reverse mortgages are a financial product that has been […]. The post Reverse Mortgage: The Pros and Cons of Reverse Mortgages appeared first on Massachusetts Real Estate Exposure.

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Mortgages 145

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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.

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Realtor.com

JANUARY 14, 2021

realtor.com A decommissioned missile silo in Ellenburg Center, NY, has blasted onto the market for $600,000. This property also features an above-ground Quonset hut, which was used for storage by the military and has since been turned into a residence. Built to house the Atlas F missile in the 1960s, it’s one of 12 silos tied to the nearby Plattsburgh Air Force Base, which shut down in 1994.

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Keeping Current Matters

JANUARY 20, 2021

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, it’s still more affordable to buy a home than rent one. Here’s why.

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Afford Anything

JANUARY 29, 2021

The investor community is split into two factions: FIRE vs. YOLO. The YOLO crowd includes the people who read Reddit’s r/WallStreetBets, who chase speculative trades, who place margin trades on Robinhood. They share stock tips on Discord and bet on whatever appears in their chat feed. Earlier this week they piled investments into Galway Metals, Inc., briefly shooting up the trading volume, for no reason other than that its ticker symbol is GAYMF.

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Point2Homes

JANUARY 5, 2021

Image: Casper1774 Studio / Shutterstock.com. Credit Scoring Explained. Credit bureaus gather information on you and use a formula to create your credit score , which can range from 300 to 850. Where you fit on that scale will have a significant effect on whether you can get the loan you want. Lenders and other businesses use this credit score to assess you because it shows them how likely you are to repay the money you borrowed.

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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

Housing Wire

JANUARY 18, 2021

As the calendar flipped to 2021, it didn’t take long for the rise in mortgage rates. Just two weeks into the new year, Freddie Mac reported that mortgage rates climbed 14 basis points to 2.79% , a dramatic contrast to 2020, a year in which mortgage rates set record lows 16 times. Economists across the housing industry believe the era of extreme low rates could be coming to a close, but the transition might be a slow burn.

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RIS Media

JANUARY 7, 2021

As 2020 caught us spending more time at home, homeowners began rethinking how they would use their homes in the new year. Some homeowners may even end up listing their current home to take advantage of the booming market and low inventory, in hopes of finding a home that will meet their new needs. If you have clients who are looking to list their home or purchase a new home, there are a few different trends that you should look for during their home search in 2021.

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Realtor.com

JANUARY 5, 2021

skynesher / Getty Images You hear these terms thrown around all the time: Second home, investment property, vacation home, rental property. But is there any real difference among them? And does it even matter what you call it? As it turns out, there are some very big differences between second homes and investment properties, especially if you are financing it.

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Keeping Current Matters

JANUARY 14, 2021

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong.

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Sales Marketing Mortgages As-is 334

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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.

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Homes.com

JANUARY 5, 2021

It’s often said you’ll never forget your first home — and we couldn’t agree more! For most, a home is one of the biggest financial investments you’ll make. While this can seem scary, there are plenty of tips and helpful hints to help you save money for your first home. Our first-time buyer’s guide has everything you need to know from choosing the right down payment option, to how COVID-19 has changed the real estate market.

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Marketing 142

Realty Biz

JANUARY 13, 2021

Home Improvement projects are a great way to increase the value of your home. Especially if you are getting ready to sell your home. Granted, some remodeling projects can cost a fortune and take a lot of time to complete. Major projects like, finishing an unfinished basement or building an addition to your home are costly undertakings that can require months to complete.

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Housing Wire

JANUARY 18, 2021

Let’s face it, if you’re a first-time homebuyer, you have a lot of questions about the home-buying process. That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. Whether you’re a first-time homebuyer or this is your fifth house, it’s a good idea to use an agent to ensure you make a smart decision. .

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RIS Media

JANUARY 25, 2021

Getting a Healthy Credit Score and Keeping It. Do you have strong desires to own your first house? Maintaining a good credit score is important, especially when you are young and have many years of borrowing ahead of you. If you are under 30, try not to over-borrow. When you plan to buy a house, you will need to be almost debt-free to ensure a low-interest rate.

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Earnest money deposit Loans Pre-approval Banks 140

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

JANUARY 29, 2021

Daisy-Daisy/Getty Images Thirty years ago, if you wanted to remodel your bathroom and you weren’t plugged in to your local network of contractors, well—you were stuck. Angie Hicks started her hugely popular ratings and review platform, Angie’s List, in 1995 after hearing about her co-founder’s frustrations with trying to find reliable contractors in suburban Columbus, OH.

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Renovation As-is 145

Keeping Current Matters

JANUARY 26, 2021

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection , which assesses the condition of the home before you finalize the transaction.

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Homes.com

JANUARY 26, 2021

Short sales can save homebuyers money, but are often complex processes requiring patience and expert guidance. Follow these insights to get started! The post The Basics of Short Sales for Buyers and Sellers appeared first on Homes.com.

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Short sale Sales 142

Realty Biz

JANUARY 29, 2021

Your last house—you knew it well. You knew just what to do when the faucet started dripping, who to call when you wanted a tiny remodel, where to go for the best parties, simply put, you knew both the house and the neighborhood in and out. But now it’s time to move, and if you’re feeling a little insecure, don’t worry. Here is a little guide that will help you with all the important things you need to know before moving your things into a new home.

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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

Housing Wire

JANUARY 5, 2021

There’s a common misconception that you need a 20% down payment to purchase a home. But the truth is, your down payment depends on your lender, credit score and the type of mortgage you qualify for. For example, some loans require as little as 3% down. . If you’re thinking about buying a house, we have good news. Some lenders will let you buy your home with a much smaller down payment.

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FHA loan VA loan Loans Mortgages 546

Maximum Exposure Real Estate

JANUARY 24, 2021

Tips For Buying a Foreclosure Over the years working as a real estate agent, many buyers have asked me about buying a foreclosed home. They essentially are asking how to buy a foreclosure. The appeal is that they’ve heard foreclosures are the bargain of the century. If you are considering buying a foreclosed home, it […]. The post Buying a Foreclosed Home: How to Buy a Foreclosure appeared first on Massachusetts Real Estate Exposure.

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Realtor.com

JANUARY 22, 2021

irina88w/Getty Images Getting a home improvement project to pay off is notoriously tricky. There’s no guarantee you’ll recoup the money you pour into a bathroom remodel or an outdoor kitchen. Plus, the COVID-19 pandemic has made completing even minor projects more difficult, as many nonessential construction projects have been halted. And while it might seem crazy to take on a big-ticket project in a time of economic uncertainty, many home buyers are still looking for turnkey propert

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Renovation Construction As-is Agents 143

Keeping Current Matters

JANUARY 18, 2021

In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “ I Have a Dream ” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where we can grow and flourish.

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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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