Housing Wire

DECEMBER 20, 2021

Most of the time, the economy is like a slow-moving ocean liner that changes direction gradually and without much effort. But when a new, powerful variable presents itself, like the worldwide COVID-19 pandemic, the economy can change on a dime. COVID was a veritable iceberg for our ocean liner economy, but the ship did not go down! Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortga

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Keeping Current Matters

DECEMBER 15, 2021

If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, home prices are not projected to decline. Here’s why. With buyers still outweighing sellers, home prices are forecast to continue climbing in 2022, just at a slower or more moderate pace.

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Eye on Housing

DECEMBER 14, 2021

Over the first ten months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 948,321. On a year-over-year (YoY) basis, this is a 17.3% increase over the October 2020 level of 808,301. Year-to-date ending in October, single-family permits increased in all four regions. Southern region reported the strongest increase of 19.1%, followed by Northeast (+18.5%), West.

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Realtor.com

DECEMBER 17, 2021

Realtor.com A listing agent faced with a shell of a shack let everyone in on the joke. She crafted a brutally honest description of the home , admitting all of its faults. Lowlights included the crooked chimney with no fireplace, a faulty foundation, and “ominous energy.” It worked! The Tampa, FL, residence marketed as the “worst house on the block” became the most popular home on Realtor.com® in 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

Lighter Side of Real Estate

DECEMBER 16, 2021

Having a wedding and buying a house: two of the biggest moments, with two of the biggest price tags in adult life. But lately, it seems the word “and” is being replaced with the word “or”, at least according to this REALTOR Magazine article ! 82% of unmarried people surveyed said they’d rather skip the formal “I do’s” and spend their money on a house instead.

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Better Dwelling

DECEMBER 13, 2021

Canadian real estate is unaffordable, but you don’t appreciate how bad the reality is until you look at its G7 peers. The latest house price-to-income ratio data from the OECD shows all G7 countries are seeing affordability decline. However, Canada has consistently seen home prices outgrow incomes. Since 2005, no other G7 country has seen […].

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Keeping Current Matters

DECEMBER 17, 2021

Some Highlights. What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home sales. Connect with a local real estate professional so you can make your best move in the new year.

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Maximum Exposure Real Estate

DECEMBER 1, 2021

Real Estate Home Inspection Negotiations Are you wondering how to negotiate after a home inspection? A home is never truly bought or sold until the money has exchanged hands. You may have received an offer on your house and be reasonably sure that you have a buyer, but there are several other steps you must […]. The post How To Negotiate After A Home Inspection appeared first on Massachusetts Real Estate Exposure.

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Realtor.com

DECEMBER 14, 2021

Getty Images Once upon a time, the month of December was a snow-swept dead zone for selling your home. The thinking was, “Why even bother showing it? No one is home shopping now.”. Fast-forward to today’s full-boil real-estate market, however, and this traditional home-selling timeline has changed. Even amid the holiday hubbub, people are house hunting in earnest.

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Sotheby's International Real Estate

DECEMBER 25, 2021

These five homes feature eye-catching fireplaces—from a commanding tower of stacked stone to a sleekly streamlined contemporary fixture—that contribute both warmth and style. Impeccable Style in Pacific Heights. San Francisco, California | Tania Toubba, Sotheby’s International Realty – San Francisco Brokerage. Sophisticated and inviting, this timeless four-level residence on one of the most desirable blocks in Pacific Heights has been impeccably updated while maintaining respect for its ar

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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

Better Dwelling

DECEMBER 3, 2021

US real estate prices are looking frothy, according to central bank researchers. The US Federal Reserve (the Fed) recently updated its exuberance index for Q2 2021. The little-known index exists to identify housing bubbles early, to minimize damage. For the first time since 2007, that indicator is now warning that US real estate prices are […].

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Housing Wire

DECEMBER 29, 2021

A bullish housing market. What a year 2021 has been. We started the year with many pundits saying that the U.S. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. However, not only did the U.S. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades.

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Keeping Current Matters

DECEMBER 2, 2021

If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. Research from Freddie Mac shows 28% of all households (36.1 million) are sole-person, and that number is growing. Over the past 40 years, the number of sole-person households has nearly doubled, and that’s a trend that’s expected to continue.

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Maximum Exposure Real Estate

DECEMBER 1, 2021

Buying Houses at Auction One of the questions home buyers often ask is how do real estate auctions work? The question is often asked because they want to know how to buy a house at auction. Buying a home at auction offers an exciting alternative to the traditional route – one that can be perfect […]. The post How to Buy a House at Auction appeared first on Massachusetts Real Estate Exposure.

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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

Realtor.com

DECEMBER 7, 2021

Realtor.com / Getty Images This past year has been wildly turbulent for just about everyone , but the waters have been particularly choppy for those who decided to buy or sell a house. From skyrocketing home prices due to record-low inventory, and bidding wars that began to resemble melees, it was difficult to escape the real estate market unscathed in 2021—or to predict where it would go next.

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Lighter Side of Real Estate

DECEMBER 16, 2021

‘Tis the season to be jolly! And, what better way to be jolly than to joke around a little bit! Here are 14 of our favorite Christmas real estate memes we’ve created over the years to help you stay top of mind while entertaining your friends, family, and past clients. 1) Remembering to hide the elf is no joke! People may bite on the offer even if it’s for a couple of days until Christmas!

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Better Dwelling

DECEMBER 11, 2021

One of Canada’s “Big Six” banks is declaring next year to be “The Year of The Hike.” National Bank of Canada (NBC) chief strategist (and poet-in-residence) Warren Lovely is calling the first interest rate hike in just a few months. He sees the Bank of Canada (BoC) making its hike in March, way ahead of […]. The post National Bank of Canada Calls 2022 “The Year of The Hike,” Sees Rates 6x Higher appeared first on Better Dwelling.

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Housing Wire

DECEMBER 20, 2021

Fannie Mae met all of the housing goals the Federal Housing Finance Agency imposed for 2020, but Freddie Mac failed its low-income refinance goal. The government-sponsored enterprise lagged the wider market in its acquisitions of low-income refinances. Freddie Mac has 45 days to submit a plan to the FHFA for actions it will take over the next three years to get back on track, according to a letter the regulator sent to Freddie Mac.

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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

DECEMBER 9, 2021

If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home. To determine whether you should buy now or wait another year, you can ask yourself two simple questions: Where will home prices be a year from now?

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Eye on Housing

DECEMBER 16, 2021

Single-family housing showed strength in November despite supply-chain limitations for materials and ongoing access issues for labor and lots. Overall housing starts increased 11.8% to a seasonally adjusted annual rate of 1.68 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The November reading of 1.68 million starts is.

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Realtor.com

DECEMBER 6, 2021

Realtor.com The highest-grossing film of all time inspired the sellers of a Florida estate to create a lighted paradise in their backyard. Villa Florentyna, which takes its cues from the director James Cameron’s “Avatar,” sits on 5 acres on Pondwood Rd in Boca Raton, FL. The name of the home is based on the word for “blooming” in Latin, and this property is in full flower.

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Lighter Side of Real Estate

DECEMBER 16, 2021

‘Tis the season to be jolly! And, what better way to be jolly than to joke around a little bit! Here are 14 of our favorite Christmas real estate memes we’ve created over the years to help you stay top of mind while entertaining your friends, family, and past clients. 1) Remembering to hide the elf is no joke! People may bite on the offer even if it’s for a couple of days until Christmas!

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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

Better Dwelling

DECEMBER 1, 2021

Canadian cities rank as some of the largest real estate bubbles globally, but Canada doesn’t see it that way. The Bank of Canada (BoC) House Price Exuberance Index Indicator (HPEI) ranks just two cities as exuberant in Q3 2021. Neither of those cities is Toronto or Vancouver, despite both ranking amongst the biggest real estate […]. The post The Bank of Canada Only Sees 2 Real Estate Bubbles and Vancouver Isn’t One of Them appeared first on Better Dwelling.

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Housing Wire

DECEMBER 1, 2021

A federal judge ordered Ronald McCord, the founder of Oklahoma City-based lender and servicer First Mortgage Company , who was also once the president of the Mortgage Bankers Association (MBA), to pay $51.8 million in restitution for mortgage fraud. United States District Judge Robin Cauthron ordered McCord also serve 8.5 years in prison — the maximum the federal government said it would seek — as well as three years of supervised release.

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Keeping Current Matters

DECEMBER 21, 2021

When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits , like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is and why it matters. For a homeowner, your equity is the current value of your home minus what you owe on the loan.

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Sotheby's International Real Estate

DECEMBER 18, 2021

Why go out for a nightcap when a custom-stocked private bar is steps away? From an Upper West Side townhouse to a San Francisco high-rise, these bars will inspire staying home and sipping in style. Mediterranean-Inspired Houston Hideaway. Houston, Texas | David Atkins & Jason Lee Villarreal, Martha Turner Sotheby’s International Realty . Tucked amid stately trees, this 9,922-square-foot Mediterranean-inspired home is a harmonious, satisfying retreat in Houston’s bucolic Tanglewood.

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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

Realtor.com

DECEMBER 15, 2021

Realtor.com / Getty Images From the highest of high prices to the lowest of low numbers of homes for sale, there’s no denying that the COVID-19 pandemic upended the nation’s real estate market. And while 2020 was the year that seemed to never end, 2021 appears to have gone by faster than you can say, “Sorry, I didn’t realize I was muted” on that Zoom call.

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Lighter Side of Real Estate

DECEMBER 15, 2021

Landing yourself a listing appointment is hard enough, but then you still have to nail your presentation in order to walk out of it with a signed listing agreement in hand. It’s not an opportunity you want to squander. Unless you’re a seasoned veteran or have a super polished presentation, it’s super common to worry about how it’ll go…. Will I forget to go over something important?

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Realty Biz

DECEMBER 1, 2021

Social media marketing has become an integral part of digital marketing since Facebook exploded in the early 2000s. These days, nearly every notable company has not only a social media presence, but a strategy to help them grow even more. Realtors are no different. More and more real estate agents are incorporating social media into their marketing strategies – and quite successfully.

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Housing Wire

DECEMBER 16, 2021

The Federal Housing Finance Agency (FHFA) on Thursday issued a proposed rule that would require Fannie Mae and Freddie Mac to develop, maintain, and submit annual capital plans to the regulator. “The proposed rule will help ensure that the Enterprises have robust systems and processes in place to monitor and maintain proper levels of capital, ” said Acting Director Sandra Thompson, who was nominated to be the permanent agency director on Wednesday.

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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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