Housing Wire
JULY 28, 2021
The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance. We examine the need for complete vendor-provided software solutions vs. building in-house. We watch as consolidation transpires all-around.
Keeping Current Matters
JULY 27, 2021
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and likely, more offers. But as life begins to return to normal, you may be wondering if that’s something that will change.
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Better Dwelling
JULY 26, 2021
Canada used to be known for its conservative mortgage lending, but that’s no longer the case. The Bank of Canada (BoC) warned mortgage quality has “deteriorated” in 2020. The central bank found highly indebted households, those with a loan-to-income ratio higher than 450%, now represent a record share of new mortgage debt. Highly indebted households […].
Maximum Exposure Real Estate
JULY 26, 2021
Everything You Need to Know About a Condo Are you thinking about buying a condo unit? There are many reasons to be attracted to condo living. Condo owners are typically attracted to reduced maintenance costs, community living, or a desire to live in a walkable area. Whatever your reason for looking at condominiums for your […]. The post The Definition of A Condo: Different Kinds of Condos Explained appeared first on Massachusetts Real Estate Exposure.
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.
Eye on Housing
JULY 21, 2021
Seventeen percent of American adults are considering the purchase of a home within a year, according to NAHB’s Housing Trends Report for the second quarter of 2021. The share (now seasonally-adjusted) has increased for five consecutive quarters, after hitting a series low of 10% in the first quarter of 2020. The upward trend is clear evidence of Americans’ growing desire.
Lighter Side of Real Estate
JULY 29, 2021
When you buy a home, you want to make sure you’re ready and prepared. And the best way to do that? Asking yourself the right questions. A recent video from realtor.com outlined key questions potential buyers should consider before purchasing a home, including: Will I qualify for a mortgage? The last thing you want is to find your dream home—only to find out you don’t qualify for the mortgage you need to buy that home.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
JULY 26, 2021
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and Innovation.
Realty Biz
JULY 19, 2021
If you are asking yourself, “should I refinance?” there are many things to consider. Homes are normally the largest expense people ever commit to and one that can have far-reaching consequences on their financial future. Looking at refinance mortgage options should provide you a way to deal with unexpected expenses, better plan your retirement, or pay for improvements to your home.
Maximum Exposure Real Estate
JULY 19, 2021
Getting a Mortgage to Buy a House With Bad Credit Can I buy a house with bad credit? Are bad credit home loans available? If you are asking these questions, you’re not alone. Many people who are interested in purchasing a house want to know the minimum credit score requirement. Getting a home loan with […]. The post How to Buy a House With Bad Credit: Mortgages With Low Credit Score appeared first on Massachusetts Real Estate Exposure.
Better Dwelling
JULY 14, 2021
New Zealand may be the first advanced economy to hike interest rates. The Reserve Bank of New Zealand (RBNZ) abruptly announced a halt to the Large Scale Asset Purchase (LSAP) program. Along with the announcement was the release of the Monetary Policy Committee notes. The Committee said the risk of deflation has now passed, and […]. The post New Zealand’s Central Bank Calls Home Price Growth “Unsustainable,” Halts QE 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.
RIS Media
JULY 19, 2021
Cloudstar, a company that operates five data centers and provides support to title professionals throughout the U.S., is the latest victim of a “highly sophisticated ransomware attack.” The company released a statement on Sun., July 18 announcing the cyber attack. The details: – Cloudstar’s systems are currently down, except for its Office 365 mail services, email encryption offering and some support services. – The company has hired third-party forensics experts Te
Housing Wire
JULY 16, 2021
Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. The national median home-sale price hit a record high of $386,888, up 25% year over year, but a slight decline from the record of 26% in May. The number of homes for sale fell 28% year over year from 2020, and the typical home sold in just 14 days — a record low and, down from 39 days in June 2020.
Keeping Current Matters
JULY 19, 2021
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s current low rates before they rise.
Brownstoner
JULY 12, 2021
An affordable housing lottery has opened for 127 units in a 39-story building at 41 Blue Slip in Greenpoint. The building, called Two Blue Slip, is part of the larger Greenpoint Landing development. It stands next to One Blue Slip, a 30-story residential tower that’s part of the same development, and… Read More > The post Affordable Housing Lottery Opens for 127 Units in Greenpoint, Starting at $2,370 a Month appeared first on Brownstoner.
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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.
Maximum Exposure Real Estate
JULY 15, 2021
Home Selling and Real Estate Capital Gains Taxes Do you know how real estate capital gains taxes work when selling a house? Selling your home can net you a significant return. But what does the tax man have to say about it? With property values across the country skyrocketing, now more than ever, it is […]. The post Real Estate Capital Gains Taxes When Selling a Home Including Rates appeared first on Massachusetts Real Estate Exposure.
Sotheby's International Real Estate
JULY 13, 2021
During the Italian renaissance, palazzi—palaces—were built for royalty by such architectural luminaries as Michelozzi and Palladio. With its iconic symmetrical design, neat rows of windows, and sturdy prominent cornices, this 9,638-square-foot three-story residence would look perfectly at home among the palazzi in Rome, Florence, and Venice. Instead, it enjoys a prime position on a coveted block in the exclusive leafy environs of Houston’s Tanglewood and is the work of award-winning area archite
Realtor.com
JULY 6, 2021
Getty Images The kitchen is the beating heart of any home. It gets the most foot traffic, is the center of most gatherings, and is the source of some (hopefully) delicious meals. But as the most used room in the house, it can take a beating. From cleaning supplies to your hard-working appliances, everything has an expiration date, and there comes a time when your kitchen items need to be replaced.
Housing Wire
JULY 12, 2021
This is the first time I am writing about mortgage backed securities (MBS) because I hardly ever consider this aspect of the housing ecosystem in my work. But since now even Federal Reserve members are discussing the pros and cons of MBS, this is a good time to give you my take. The 10-year yield has been in a downtrend since 1981, and so have mortgage rates, so the MBS market hasn’t eve been a focus of mine.
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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.
Keeping Current Matters
JULY 7, 2021
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more”. “1 in 4 underestimated the increase in value by $100k or more”. “47% don’t know what a good interest rate is”.
GeekEstate
JULY 30, 2021
One key way to future-proof your property management business is to use the right technology. Spreadsheets, paper ledgers and even existing software can quickly become outdated in such a fast-paced environment, so it is likely that – at some point – your business will benefit from a system upgrade. As the industry continues to evolve, new software features and landlord benefits are constantly emerging.
Maximum Exposure Real Estate
JULY 16, 2021
What is Dual Agency and How Does it Work? Are you wondering what dual agency is and how it works? One of my duties as a real estate agent is to explain how agency law works in Massachusetts. I am required by law to present agency law at my first meeting with a prospective […]. The post Having a Dual Agent: Why Buyers & Sellers Should Avoid it appeared first on Massachusetts Real Estate Exposure.
Sotheby's International Real Estate
JULY 24, 2021
Fine examples of one of history’s most popular architectural styles, these four homes feature clean simplicity, open floor plans, gentle organic and geometric forms, and walls of glass encouraging an integration with nature. Masterfully Renovated Midcentury Classic. Pasadena, California | Richard Yohon, Sotheby’s International Realty – Los Feliz Brokerage.
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.
Realtor.com
JULY 14, 2021
California Eco Design, Inc./Houzz With intense heat waves and over 75% of the American West experiencing severe drought this summer, you might be wondering how you can do your part to conserve water—to help the environment and to reduce your utility bills. But how are you supposed to cut back on your water usage and keep up that lush landscaping that makes the neighbors jealous?
Housing Wire
JULY 29, 2021
The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. He also addresses how he foresees the Delta variant impacting the housing market.
Keeping Current Matters
JULY 12, 2021
While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your House Will Likely Sell Quickly. According to the most recent Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly.
Better Dwelling
JULY 22, 2021
The whole world might be in a property bubble, but Canada is the second riskiest. That’s the take from Oxford Economics in their latest housing report this morning. Adam Slater, the firm’s lead economist, broke down fundamentals for global markets. He found double-digit overvaluations are widely seen these days. The firm believes a correction is […].
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.
Maximum Exposure Real Estate
JULY 29, 2021
Tax Advantages That Come From Homeownership Do you know the tax benefits of owning a home? Over my three decades of selling real estate, lots of renters have asked me this question. It has long been understood that there are considerable financial benefits to owning a home. You are paying money into an actual investment […]. The post Tax Advantages of Owning a Home appeared first on Massachusetts Real Estate Exposure.
Point2Homes
JULY 29, 2021
Image: Friends Stock / Shutterstock.com. As you plan to purchase your first home, you might find that there are a few stressful aspects of the homebuying process that can make or break your purchase: One is when you first apply for a mortgage and another is when you close on a house. However, following some simple guidance from your real estate team — including your real estate agent and mortgage lender — will help ensure a smooth transaction.
Realtor.com
JULY 19, 2021
Getty Images When our bathrooms are out of order, it’s as if our lives are out of order. Whether you have one bathroom or five, uninterrupted function and cleanliness are crucial. That’s why it’s important to know exactly when the elements in your bathroom can conk out and need to be replaced. “Homeowners should be thinking about replacing and performing the proper upkeep with things in the bathroom because it’s the second most used room in the house, next to the kitchen,
Housing Wire
JULY 26, 2021
In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. According to the recent Census report, the three-month average is now at 5.53 months , which puts inventory right back into the range we had in the previous expansion.
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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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