Keeping Current Matters
JANUARY 5, 2022
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July.
Housing Wire
JANUARY 10, 2022
This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
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Eye on Housing
JANUARY 14, 2022
The prices of goods used in residential construction ex-energy climbed 1.5% in December (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index was driven higher by large price increases for wood products. Building materials prices increased 15.9% in 2021 and have risen 18.6% since December 2020.
Better Dwelling
JANUARY 8, 2022
Canadian real estate might have a lot more foreign owners than previously thought. Diving through Statistics Canada (Stat Can) data, we found non-resident participation in homeownership soared in 2020. Non-resident buyers have a small share in property transfer records, but foreign capital is pouring in. In the four provinces tracked, about 1 in 10 recently […].
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.
Lighter Side of Real Estate
JANUARY 4, 2022
Prices for everything have been going up—from food, to gas, to services, and people are getting less for the dollar. Rents are no exception. After an unprecedented period of time where renters could more or less just cite COVID as a reason to not pay rent, the moratoriums on evictions are gone and rents are roaring higher—particularly with single-family rental houses.
Maximum Exposure Real Estate
JANUARY 18, 2022
Are Fixes Mandatory For A Seller After an Inspection? Many potential buyers ask if a seller must make fixes after a house inspection. The answer is no. There are no mandatory repairs for a home seller after the home inspection. There are no legal requirements for a seller to change their property when selling. It […]. The post What Problems Must Be Fixed After a Home Inspection appeared first on Massachusetts Real Estate Exposure.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 12, 2022
Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently.
Sotheby's International Real Estate
JANUARY 15, 2022
With their effortless floor plans, superior appliances, and refined surfaces, these kitchens blend functionality, comfort, and style. El Molino. Montecito, California | Maureen McDermut & Maureen Martinez, Sotheby’s International Realty – Montecito – Coast Village Road Brokerage. Originally an olive-crushing mill, this elegant estate in the desirable Golden Quadrangle is one of Montecito’s oldest homes.
Realtor.com
JANUARY 31, 2022
HGTV On “Home Town,” Erin and Ben Napier know that old trends usually come back in style. Perhaps that’s why they’re such big fans of “ grandmillennial ” design. In the Season 6 episode “Grandmillennial,” Erin and Ben meet with Rebekah Staples , Erin’s friend since junior high. Staples has been living in Jackson, MS, but is now moving back to Laurel.
Better Dwelling
JANUARY 20, 2022
Canada’s central bank is preparing to raise rates, and everyone is trying to guess what this means. The BC Real Estate Association (BCREA) is the latest to forecast the impact of a rising overnight rate. If the Bank of Canada (BoC) hikes as expected, BC home sales will see a modest decline. Home sales are […]. The post Bank of Canada Raising Rates Can Drop Real Estate Sales Over 50%: BCREA appeared first on Better Dwelling.
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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.
Maximum Exposure Real Estate
JANUARY 30, 2022
What to Know About Mortgages For Land Are you planning to buy a plot of land to build a new home? Are you investigating a land loan? If you need financing, you may find it more challenging to get a loan for land from traditional lenders. Land loans are a more specialized finance product available […]. The post Land Purchase Loans: What to Know About Getting a Lot Loan appeared first on Massachusetts Real Estate Exposure.
Keeping Current Matters
JANUARY 11, 2022
If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more.
Housing Wire
JANUARY 3, 2022
Homeownership continues to swerve into unaffordable territory, with median-priced single-family homes becoming less affordable in three-quarters of the nation’s market, a report published by ATTOM Data Solutions last week said. Per the report , between October to December 2021, median home prices in 440 of the 575 counties analyzed by the data vendor saw notable home-price growth.
Lighter Side of Real Estate
JANUARY 31, 2022
Game nights can be a great way to relax with friends and family, and have some fun and laughs. But they can also bring out the competitor in people. It’s all fun and games until someone is getting their butt whooped! If you love playing games, but love winning even more, you might want to think twice about challenging a real estate agent when it comes to some games.
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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.
RIS Media
JANUARY 12, 2022
When it comes to leveraging social media to drum up business in the new year, providing content that educates your audience on real estate is a great way to promote and build trust in your brand. With access to market data and other valuable information, agents can build a winning digital marketing strategy to package and present their educational content on social media.
Sotheby's International Real Estate
JANUARY 1, 2022
A daily wellness routine is no sweat when a home enjoys its own top-tier fitness equipment, private lap pools, professional-caliber sports courts, and flourishing vegetable gardens. Luxurious Living in Dumbo. Brooklyn, New York | The Heyman Team, Sotheby’s International Realty – Downtown Manhattan Brokerage. Offering 4,565 square feet of sophisticated living and entertaining space along with an enviable terrace, this five-bedroom residence is a chic aerie full of light that revels in views
HomeLight
JANUARY 10, 2022
Sustainable interior design isn’t just about environmental impact. It’s about creating a home environment that holistically supports its residents, their communities, and indeed the larger global community. That might sound like a tall order for a set of home design choices, but experts underscore the wide-ranging impacts of the undertaking. If it all sounds daunting — and expensive — consider that sustainable interior design is scalable for all budgets and ambitions.
Keeping Current Matters
JANUARY 13, 2022
After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021.
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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
JANUARY 11, 2022
Mortgage delinquency rates hit pre-pandemic levels in October due to labor market improvements and home equity increases, according to the most recent CoreLogic Loan Performance Report. The expectation is that rates will continue to decline during 2022. In October, 3.8% of mortgages were delinquent by at least 30 days, including foreclosure, close to the 3.7% rate registered in the same period of 2019.
Better Dwelling
JANUARY 13, 2022
America’s largest bank is making a bold call for Canada’s central bank — it will raise rates within days. JP Morgan (JPM) economist Silvana Dimino shared their forecast for Canadian interest rates. JPM sees the Bank of Canada (BoC) hiking the overnight rate five times in 2022, sending it 500% higher. Most surprising is how […]. The post The Bank of Canada Will Raise Rates In Two Weeks, End Year 500% Higher: JP Morgan appeared first on Better Dwelling.
Eye on Housing
JANUARY 25, 2022
Only 15% of buyers were looking for a newly-built home at the start of 2018, but that share shot up to 42% by the final quarter of 2020 (after the start of the pandemic). Since then, however, interest for new construction has fallen steadily, as costs for building materials – especially lumber – have experienced double-digit growth. By the final.
Sotheby's International Real Estate
JANUARY 11, 2022
Known for its sandy coves, rocky bluffs, and the eponymous semiprecious stones that often wash up on its shore, Moonstone Beach is one of Southern California’s most beloved stretches of coastline. On an emerald perch high above, this consummately private 78-acre estate is an elegant, self-sufficient sanctuary encompassing a 12,000-square-foot residence, an inviting guesthouse, staff quarters, garaging to showcase up to 50 cars, two event halls, a helipad, equestrian facilities, six acres of roll
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.
Maximum Exposure Real Estate
JANUARY 31, 2022
When you buy a home or have new construction built, you have lots of choices to make. It can be a confusing experience with new terms to understand and decide on. One such decision is the type of home to choose from. A standard comparison is modular homes versus stick built. While you might not […]. The post Are Stick Built Homes Better Than Modular Homes?
Keeping Current Matters
JANUARY 6, 2022
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments.
Housing Wire
JANUARY 5, 2022
The Federal Housing Finance Agency introduced new upfront fees on Wednesday for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered by loan-to-value ratio. For second home loans, the upfront fees will increase between 1.125% and 3.875%, also tiered by loan-to-value ratio.
Better Dwelling
JANUARY 12, 2022
Canada’s central bank is about to take away the punch bowl real estate has been binging on for the past few years. The National Bank of Canada (National Bank) has forecast interest rates will rise over the next few weeks to combat inflation. Canada’s freshly lowered neutral rate means this will top out fairly fast, […]. The post Bank of Canada Will Raise Rates 500% This Year, To Start Within Weeks: National Bank appeared first on Better Dwelling.
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.
Eye on Housing
JANUARY 26, 2022
New single-family home sales increased in December as housing demand was lifted by buyers accelerating some contract signings due to anticipated higher mortgage interest rates in 2022. However, for the year as a whole, sales ended 7.3% lower than a supercharged 2020, as builders slowed some sales to manage ongoing building material and labor issues affecting the housing industry.
Sotheby's International Real Estate
JANUARY 27, 2022
Photo Courtesy of Leatrice Eiseman. Pantone’s Color of the Year is a highly anticipated announcement for design aficionados and consumers alike, and the color institute’s heralded shade for 2022 is Very Peri—a blue hue with warm red undertones that “encourages personal inventiveness and creativity”. As expected, there are many factors at play when making this selection.
Brownstoner
JANUARY 24, 2022
All traces of the streamlined bands of ornament that once graced the facade of the former Fulton Street F.W. Woolworth store are gone, leaving a blank slate as the building preps for a new look. Filings show that plans for facade repairs on the building at 408 Fulton Street in Downtown… Read More > The post Former Downtown Brooklyn Woolworth’s Loses Art Deco Facade, Awaits Makeover appeared first on Brownstoner.
Keeping Current Matters
JANUARY 14, 2022
Some Highlights. If you’re trying to decide when to list your house, the time is now. There are plenty of buyers eagerly waiting for your home to hit the market. The latest data indicates home showings are rising. There are more buyers than homes for sale right now. That means you’ll likely receive multiple offers, and your home won’t be on the market long.
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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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