Housing Wire

SEPTEMBER 23, 2021

Homeowners with mortgages gained $2.9 trillion in equity in the second quarter of 2021, a 29.3% year-over-year increase, according to a new report by CoreLogic released Wednesday. This marks an average gain of $51,500(!) per borrower since the second quarter of 2020. The amount of equity for a property is determined by comparting the estimated current value of the property against the mortgage debt outstanding (MDO).

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Equity Residential Mortgages As-is 545

Keeping Current Matters

SEPTEMBER 23, 2021

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself two simple questions: What will home prices be like in 2022?

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Principal Mortgages Equity Loans 330

Eye on Housing

SEPTEMBER 15, 2021

The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month. The 30-year fixed-rate mortgage rate hovered 3 basis points above 3 percent, consistently, for the last three weeks.

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Fixed-rate mortgage Mortgages 145

Lighter Side of Real Estate

SEPTEMBER 30, 2021

Buying a home together is a major step for any couple. And while it’s an exciting step, it can also be a stressful one—particularly if there are things you and your partner just don’t agree on. But what, exactly, might you disagree on as you search for your dream home? A recent survey from LendingHome asked American couples about what they disagreed on while looking for a home—and a few key disagreements emerged, including: The price of the home (53 percent).

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As-is 145

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

SEPTEMBER 28, 2021

What to Ask a Home Builder Are you wondering what questions to ask a home builder? The possibility of owning a brand new home has obvious appeal. Many new home buyers can get the home customized, making the property even more desirable. Additionally, with a new home, you don’t have to worry about all the […]. The post 21 Questions to Ask a Home Builder When Buying New Construction appeared first on Massachusetts Real Estate Exposure.

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Realtor.com

SEPTEMBER 29, 2021

It's a seller's market, but not everything you hear about buying a home today is true. We asked real estate agents to weigh in on some homebuying myths. The post 6 Things People Say About Buying a Home Today That Actually Aren’t True appeared first on Real Estate News & Insights | realtor.com®.

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Keeping Current Matters

SEPTEMBER 9, 2021

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year increase in home price appreciation: The House Price Index (HPI) from the Federal Housing Finance Agency (FHFA): 18.8%.

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Finance Residential Marketing As-is 324

Eye on Housing

SEPTEMBER 10, 2021

Housing affordability has gained increased attention in recent quarters due growing home prices and rents. For the second quarter of 2021, NAHB’s Home Building Geography Index (HBGI) explored a geographic measure of housing affordability using Price-to-Income ratios of all counties in the United States1 to map the geography of single-family and multifamily construction.

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Principal Construction 145

Sotheby's International Real Estate

SEPTEMBER 18, 2021

Nothing compares to the experience of relaxing with a good book. From light-filled and contemporary to formal and wood-clad, these five libraries are ideal for displaying and enjoying a collection of favored volumes. Luxurious Light-Filled Loft. Manhattan, New York | Roberta Golubock, Sotheby’s International Realty – East Side Manhattan Brokerage .

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Brokerage Design 143

Maximum Exposure Real Estate

SEPTEMBER 24, 2021

Common Mortgage Questions—Information You Need to Know If you are buying a home, you probably have some mortgage questions. For first-time home buyers, the process of getting a mortgage can seem intimidating. Many factors come into play when getting a loan for a home—and if you haven’t done it all before, it can potentially be […]. The post Top 16 Mortgage Questions to Get Answered Before Buying a Home appeared first on Massachusetts Real Estate Exposure.

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Mortgages Loans 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.

Brokerage

Better Dwelling

SEPTEMBER 30, 2021

High inflation might seem like a global phenomenon these days, but that appears to be a media bias. The August Consumer Price Index (CPI) for G7 countries shows not all have elevated levels of inflation. Canada and the US are showing significantly higher headline inflation than their peers. Initially it was sold as transitory, but […]. The post Canada And The United States Have The Highest Inflation In The G7 appeared first on Better Dwelling.

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Housing Wire

SEPTEMBER 13, 2021

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. 5. Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021.

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Marketing Sales Residential Brokerage 538

Keeping Current Matters

SEPTEMBER 29, 2021

If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO). But the truth is, a real estate professional can save you time and money by managing every step of the process, from pricing your home to reviewing documents and handling negotiations.

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Agents Sales Inspection As-is 321

HomeLight

SEPTEMBER 27, 2021

Updated September 27, 2021. With a stellar offer in hand, you’re relieved to have the bulk of your home sale behind you. But the deal isn’t set in stone yet. There are several steps ahead that could impact your ability to close, including the home appraisal. A home appraisal is a professional opinion of your property’s value from a licensed appraiser. “It’s one person’s opinion on one single day,” explains Jolene Jacobs , who sells homes 57% quicker than

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Purchase and sale agreement Inspection Residential Loans 141

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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

Sotheby's International Real Estate

SEPTEMBER 16, 2021

There’s a keen satisfaction that comes from tending to one’s own garden or orchard, and with an increased interest in self-sustainability as of late, it’s no wonder homeowners are turning to their own garden plots for dining inspiration. From vegetable gardens to orchards and olive groves, there’s little else quite like harvesting a bounty from your own property. .

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Maximum Exposure Real Estate

SEPTEMBER 16, 2021

Selling Your Home to a Real Estate Investor Do you know the pros and cons of selling your home to one of the we buy houses flipping companies? You only have to drive around your town for a little while to come upon “We Buy Houses” or “We Buy Ugly Houses” type signs plastered all […]. The post Pros and Cons of We Buy Houses Flipping Companies appeared first on Massachusetts Real Estate Exposure.

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Better Dwelling

SEPTEMBER 23, 2021

Canada plans to increase credit access for the country’s riskiest borrowers in the years to come. A re-elected government may not seem like change, but they promised a big one — larger insured mortgages. High-ratio borrowers will see an increase of up to 25% of their maximum mortgage size. Expansion of credit during a low […]. The post Canada Plans To Foster Its Real Estate Bubble By Raising The Maximum Mortgage Size appeared first on Better Dwelling.

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Mortgages 138

Housing Wire

SEPTEMBER 22, 2021

The National Association of Realtors reported existing home sales for August came in at a very tiny beat of estimates at 5,880,000. Now that we are a few days away from October, we can again say that the housing bubble boys and the forbearance crash bros have whiffed just as severely in 2021 as they did in 2020. So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000.

Sales 532

Sales Closing Mortgages As-is 532

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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

SEPTEMBER 24, 2021

Some Highlights. Due to low supply and high demand , today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values , and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.

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Marketing Agents Sales 316

Jason Fox

SEPTEMBER 16, 2021

Web Font Combinations That Look Great Together. "2 Great Tastes That Taste Great Together" ~ Reece's A good web font combination can be a subtle little trick for getting a website to pop. A good pairing of fonts can provide contrast for a website without having to using additional colors or designs. Meaning you can create a unique look and. Jason Fox Real Estate Marketing | Real Estate Websites.

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Design Marketing 138

Sotheby's International Real Estate

SEPTEMBER 25, 2021

In sought-after locations from Southampton to San Francisco, these irreplaceable homes afford the opportunity to own a personal piece of history. Serene Southampton Compound. Dawn Petrillo & Pat Petrillo, Sotheby’s International Realty – Southampton Brokerage. Dating to 1893 and conscientiously renovated in 2014, this estate is nestled an idyllic gated setting.

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Renovation Brokerage 142

Maximum Exposure Real Estate

SEPTEMBER 17, 2021

What Stays and Goes in a Home Sale Are you wondering what is considered a fixture in real estate sales and what isn’t? Occasionally in a home sale, some situations can be very frustrating for a buyer or a seller, conditions that should be avoidable. One potentially aggravating occurrence often arises about “fixtures” in a […]. The post What Are Fixtures When Selling a House appeared first on Massachusetts Real Estate Exposure.

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Sales Marketing 145

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

Eye on Housing

SEPTEMBER 14, 2021

In August, consumer prices increased at its slowest pace since February 2021. Prices for several travel-related categories declined in August, as the delta variant spreads. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in August on a seasonally adjusted basis, following an increase of 0.5% in July. Excluding the volatile food and.

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Housing Wire

SEPTEMBER 24, 2021

Today the Census Bureau ‘s new home sales report came in as a beat of estimates at 740,000, but the most important aspect is that revisions came in positive for the prior months, which shows a more stable market as revisions are always key with new home sales and housing starts. From the Census Bureau: “Sales of new single?family houses in August 2021 were at a seasonally adjusted annual rate of 740,000, according to estimates released jointly today by the U.S.

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Marketing Sales Development As-is 528

Keeping Current Matters

SEPTEMBER 15, 2021

In today’s sellers’ market , standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. Below are five things to keep in mind when it’s time to make an offer. 1.

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Inspection contingency Pre-approval Inspection Agents 315

HomeLight

SEPTEMBER 9, 2021

Updated September 9, 2021. Moving is a big deal, and the decision of whether to sell your house now or wait is rarely an easy one. But in 2021, perhaps more so than any other moment in history, sellers have received sign after sign that it’s an opportune window to put their house on the market — at least from a financial standpoint. So let’s talk about what’s going on.

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Equity Mortgages Agents Sales 136

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

Sotheby's International Real Estate

SEPTEMBER 21, 2021

Records from the New York State Historical Association recount that the first American flag featuring white stars in a blue field was designed not by Betsy Ross but by members of a Third New York Regiment company led by John Hulbert, then a captain and later a colonel in the colonial armed forces. In the lush front yard of this timeless home on Captains Row—one of two built by Hulbert in Sag Harbor in the late 1700s—a plaque at the base of a flagpole proclaims that legacy, declaring that Hulbert

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Brokerage Design 140

Lighter Side of Real Estate

SEPTEMBER 8, 2021

You need a new car. You need a new home. But will buying the former impact your ability to buy the latter? A recent article from realtor.com outlined the ways taking out a car loan could impact your ability to get a mortgage (and to get the best rate on that mortgage), including: Changing your credit score. When you apply for a car loan, it’ll show up as a hard inquiry on your credit report.

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Debt-to-income ratio Loans Finance Mortgages 135

Eye on Housing

SEPTEMBER 20, 2021

Builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building material supply chain issues and labor challenges. Ending a three-month decline, builder sentiment in the market for newly built single-family homes edged up one point to 76 in September, according to the National Association of Home.

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Marketing 136

Housing Wire

SEPTEMBER 29, 2021

Today’s pending home sales came in at a big beat of estimates, running at 8.1% for this report. More importantly, this data line looks just right. One of my main goals for sharing housing sales data in 2021 is to give people a sales trend range to work off this year to know if home sales are doing well. Last year we had an abnormal burst of housing demand that was just make-up demand from the COVID-19 pause in the second half of 2020.

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Sales Development As-is Marketing 530

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