Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. .

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Keeping Current Matters

MAY 10, 2021

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your house.

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RIS Media

MAY 30, 2021

New home construction is an appealing option for many buyers, particularly those who have grown tired of being outbid in multiple offer situations. However, when buyers pivot to newly built homes, they also risk giving up their right to representation. When this occurs, both buyers and agents have missed a significant opportunity to work together for mutual benefit.

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Maximum Exposure Real Estate

MAY 30, 2021

Tips For Trouble-Free Condo Buying Are you thinking about buying a condo? What is the best advice when buying a condominium? Start with understanding right away that it is much different than purchasing a single-family home! Buying a condo offers some advantages – living closer inside of a town, affordability, less maintenance. But buying a […].

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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

MAY 27, 2021

Between COVID restrictions, low inventory, and high competition, there’s no denying that the real estate market has been tough for buyers over the past year. But despite those challenges, the majority of buyers are happy with their decision to buy. According to a recent survey from realtor.com , 71 percent of buyers who purchased their home over the past year said buying was a good decision—and a full 75 percent said their new home is the right fit for their family.

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Imagine Your House

MAY 6, 2021

Selling a home in an expeditious manner will largely be dependent upon how well you prepare your home, before putting it on the market for sale. Lynn Pineda, Southeast Florida, eXp Realty Real Estate Agent. Simple ways to get your bathroom ready Second topic in Series 1 that’s all about getting your home ready to sell – All things Bathroom. Selling a home in an expeditious manner will largely be dependent upon how you prepare your home when selling.

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Keeping Current Matters

MAY 24, 2021

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market , which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move. 1.

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Better Dwelling

MAY 31, 2021

Running out of land is as Canadian as hockey, maple syrup, or laundering money for global crime networks. In fact, Canadians love running out of land so much, they do it every few years. Many are currently justifying high home prices by claiming a lack of land in Canada. This isn’t just something people have […]. The post Canada Is Running Out of Land.

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Maximum Exposure Real Estate

MAY 6, 2021

Rent to Own Homes—The Basics Have you heard about the potential to rent to own? Lots of people wonder how rent-to-own purchases work. You have probably seen advertisements for rent-to-own properties at one time or another. While these own options are not common, they appear from time to time and may appeal to you if […]. The post Rent to Own: What You Need to Know About Renting to Own appeared first on Massachusetts Real Estate Exposure.

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Point2Homes

MAY 21, 2021

Image: William Potter / Shutterstock.com. Buying a home might seem simple, but there’s actually a lot more involved than you might initially think. For instance, in addition to a variety of new terms to understand, there’s also paperwork to complete and fees to pay before closing on your new home. And, while you might be tempted to rush through the process as quickly as possible, cutting corners could be financially detrimental in the long run.

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Brokerage

Realtor.com

MAY 27, 2021

Getty Images You’re ready to list your house—but are your dated bedrooms a turn-off to prospective buyers? Today’s buyers are more focused than ever on finding luxe master suites that double as relaxing retreats. “Pre-pandemic, nobody really cared about the bedroom. Now, people need somewhere to get away,” says Brad Whittaker , an agent with Realty ONE Group Pacifica in Longview, WA.

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Housing Wire

MAY 14, 2021

In the last few years, there’s been a lot of conversation surrounding 25 to 40-year-olds and their home purchasing habits. But according to a new LendingTree study , millennials aren’t the only ones making big purchases – Generation X is doing the same. Generation Xers are taking advantage of the housing boom. Generation Xers were born between 1965-1980 and range between 41 to 56-years-old.

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Keeping Current Matters

MAY 6, 2021

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To determine if they should buy now or wait another year, they both need to ask two simple questions: Do I think home values will be higher a year from now?

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Better Dwelling

MAY 15, 2021

We’re all in this together. Okay, we weren’t in it together — but we’re really sorry about one of the greatest transfers of wealth in history. That was the takeaway from a Bank of Canada (BoC) speech earlier this week, by Governor Tiff Macklem. In a totally not ironic speech on inequality, he suggested quantitative […]. The post Whoopsie! Bank of Canada Says Their Use of QE May Have Caused Greater Inequality appeared first on Better Dwelling.

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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

MAY 24, 2021

What You Need to Know About No Closing Cost Refinancing Did you know it’s possible to do a no closing costs refinance? Many people have no idea this is even possible. When you were buying a house, you probably didn’t give this much thought. If you have a higher interest rate right now than the […]. The post No Closing Cost Refinance: What to Know About Zero Costs Refinancing appeared first on Massachusetts Real Estate Exposure.

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RIS Media

MAY 6, 2021

When having a website, there are a few elements that you should have in place to generate leads. Not only should your SEO be on point, but your site should be easy to use and have the right content. Neighborhoods. Most buyers and sellers won’t have a problem finding a website to search for their next home or to find their home’s value, but they will likely need help finding information about particular neighborhoods.

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Realtor.com

MAY 3, 2021

Getty Images With home prices at a new record high and homes flying off the market in hours in some cases, it’s no wonder that Google searches for “when is the housing market going to crash” have spiked dramatically in recent weeks. After all, the mania seems reminiscent of the run-up to the housing bubble in the mid-2000s—and we’ve all been told that what goes up must eventually come down.

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Housing Wire

MAY 19, 2021

After three straight quarters of declines, home purchases by investors rose 2.7% year over year in the first quarter of 2021, marking the first period of growth since the COVID-19 pandemic began, per a new study from Redfin. Looking to take advantage of the hot housing market and a soaring stock market, investors bought about 1 of every 7 U.S. homes in the first quarter — up from the prior three quarters, in which they bought closer to 1 in 10 homes.

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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

MAY 5, 2021

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to say. Danielle Hale, Chief Economist , realtor.com : “ Our long-term view for mortgage rates in 2021 is higher.

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Eye on Housing

MAY 26, 2021

NAHB analysis of the most recent 2019 American Community Survey (ACS) data reveals that the median age of construction workers is 41, the same as a typical worker in the national labor force. While the residential construction has been adding jobs during the pandemic, access to skilled labor is still a business challenge in 2021. The median age of construction.

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Maximum Exposure Real Estate

MAY 1, 2021

What to Know About a Right of First Refusal Clause in Real Estate Sales Do you have your home for sale, and a buyer has proposed a right of first refusal? Over my nearly thirty-four years in the business, numerous clients have asked me what is a right of first refusal and how do they […]. The post First Right of Refusal: How Does a Real Estate Right of First Refusal Work appeared first on Massachusetts Real Estate Exposure.

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RIS Media

MAY 10, 2021

Employ a Purposeful and Productive Strategy Through 4 Main Content Categories. No matter what social media platforms you engage in…and hopefully there are several…you likely face the same dilemma that most other teams face: What should you post, and how often should you do it? First, let’s acknowledge that this isn’t math, and there isn’t necessarily one right answer.

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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

MAY 11, 2021

Getty Images If you found yourself spending more time and money on your garden than ever last year, you’re not alone. According to an analysis of retail giant Walmart’s supply chain, the pandemic shutdown led to an “unprecedented” demand for lawn and garden items last year. Plus, a survey conducted this year for the International Casual Furnishings Association revealed that 78% of Americans made outside upgrades during COVID-19.

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Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. This was a miss from estimates and the third straight month of declines in sales. I have been saying we should expect home sales to moderate since the end of summer 2020, and that is what we see in this report. This sales trend looks very normal to me.

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Keeping Current Matters

MAY 26, 2021

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down the optimal window of time in which to make a purchase.

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Eye on Housing

MAY 20, 2021

Confidence in the market for new multifamily housing increased in the first quarter of 2021, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two major indices: the Multifamily Production Index (MPI) and the Multifamily Occupancy Index (MOI). The MPI increased eight points to 51 in the.

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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

Maximum Exposure Real Estate

MAY 10, 2021

What Are The Advantages and Disadvantages of Subdivision Houses? Are you considering buying a house in a subdivision? Subdivision houses bring with them pros and cons. When buying a home, you want to make sure you’re choosing the best property for you. If you are buying a subdivision home, you need to consider and be […]. The post Subdivision Houses: Pros and Cons of Buying a Home in a Subdivision appeared first on Massachusetts Real Estate Exposure.

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Homes.com

MAY 10, 2021

Even in a seller's market, how you price your home can make or break your plans. These steps will help ensure you have an accurate list price! The post How to Price Your Home in an Extreme Market appeared first on Homes.com.

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Realtor.com

MAY 5, 2021

realtor.com It’s one thing to own a home on top of a mountain, but how about a home carved right into the side of a hill? That’s exactly what makes this 13,588-square-foot home in the exclusive Olympus Cove neighborhood of Salt Lake City, UT, so appealing. The mountainside mansion is now on the market for $6 million. Known as “Monte Olimpo,” it’s the only home that has been or ever will be allowed to be built on the 9,573-foot Mount Olympus, a popular day hike for locals.

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Housing Wire

MAY 21, 2021

Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. Pending sales for the seven-day period ending May 16 were down 10% from four weeks prior, compared to an 8% increase during the same period in 2019.

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Agents