February, 2022

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4 Simple Graphs Showing Why This Is Not a Housing Bubble

Keeping Current Matters

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form.

Marketing 264
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“It’s crazy”: Homebuilders big and small struggle to finish projects

Housing Wire

homebuilder, housing starts, lumber, builders, builder confidence, construction. Nate Noel’s problem isn’t a lack of work. It’s everything else. “I used to be able to get guys no problem, but now I am bidding on guys and having to raise pay in order to keep the guys I already have, which is just continually raising my costs,” said Noel, the president of HNN Builders , a custom homebuilder in the Chicago area.

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Led by Lumber and Paint, Building Materials Prices Jump in January

Eye on Housing

The prices of goods used in residential construction ex-energy climbed 3.6% in January (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index was led higher by a 25.4% jump in softwood lumber prices and 9.0% price increases for indoor and outdoor paint. Building materials prices increased 20.3%, year-over-year, and have.

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Real Estate Terminology and Lingo You Should Know When Buying or Selling

Maximum Exposure Real Estate

Real Estate Terms You Need to Know Whether you are buying or selling, if you plan to make a real estate transaction, you will run into real estate terminology and definitions you are unfamiliar with. To make things a little easier, we’ve put together a list of standard real estate terms – and not-so-common words […]. The post Real Estate Terminology and Lingo You Should Know When Buying or Selling appeared first on Maximum Real Estate Exposure.

Marketing 145
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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14 of the Best Real Estate Valentine Memes

Lighter Side of Real Estate

Ahhh, February 14th, the day to celebrate the love of your life! Whether or not agents have an actual person to share the day with, all agents have a love affair with their real estate career (ok, maybe a “love-hate” relationship at times). Here are 14 memes that truly express just how deep the love runs between an agent and their career — especially on Valentine’s Day!

Agents 29
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Weeksville’s Long Awaited ‘In Pursuit of Freedom’ Exhibit Set to Open During Black History Month

Brownstoner

It has been years in the making, and this weekend as tours of Weeksville's historic Hunterfly houses resume, visitors will be able to get a glimpse of the completed 'In Pursuit of Freedom' exhibit. Set inside the only reproduction house amidst the row of original 19th century dwellings that are… Read More > The post Weeksville’s Long Awaited ‘In Pursuit of Freedom’ Exhibit Set to Open During Black History Month appeared first on Brownstoner.

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Freddie Mac rolls out direct deposit income verification

Housing Wire

Potential homebuyers seeking Freddie Mac -backed mortgages will no longer have to hunt for paper pay stubs to verify their income. Freddie Mac announced on Wednesday that it will roll out an automated process that allows mortgage lenders to assess a prospective homebuyer’s direct deposit income. Freddie Mac claims this would reduce the paper documentation burden on borrowers, speed loan closing and simplify the lending process.

Lending 541
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Gains for Single-Family Home Size

Eye on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market continues to occur. According to fourth quarter 2021 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area increased.

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11 Charities and Organizations That Do Donation Pickups For Free

Maximum Exposure Real Estate

Donate to Charity Are you in the process of selling your home? Do you need a donation pick-up? Maybe you are trying to eliminate the clutter that will make your property far more salable? Could you be trying to downsize, or perhaps try to clear out some room for things that fit your current lifestyle […]. The post 11 Charities and Organizations That Do Donation Pickups For Free appeared first on Massachusetts Real Estate Exposure.

Marketing 145
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America’s racial homeownership gaps remain focus of the present and future

The American Genius for Real Estate

NAR CEO Bob Goldberg calls the racial homeownership gaps "the most consequential civil rights issue of our day" in this editorial. The post America’s racial homeownership gaps remain focus of the present and future appeared first on The American Genius Real Estate.

Equity 134
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Inside La Dune, One of Southampton’s Finest Oceanfront Estates

Sotheby's International Real Estate

Lined with grand coastal getaways, Southampton’s Gin Lane dates to the days of America’s Gilded Age, when prominent families began building summer homes on Long Island in order to escape the city and enjoy the refreshing Atlantic waves. Widely considered the finest oceanfront estate in the area, this impressive property—whose history involves legendary architect Stanford White—recalls the refinement of a bygone era while exuding sophisticated modern seaside style.

Brokerage 134
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How Supply and Demand Can Impact Your Buying and Selling Goals

Keeping Current Matters

In today’s housing market, there are far more buyers looking for homes than sellers listing their houses.

Marketing 281
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Why did existing home sales beat expectations?

Housing Wire

The National Association of Realtors reported that existing home sales for January came in as a big beat at 6.5 million. This is well above my peak sales ranges for 2022, as the sales trend forecast was between 5.74 million and 6.16 million. So, we have started the year off on a stronger-than-expected note. I believe there might have been some spillover demand from December into January as the December number came in lighter than expected.

Sales 501
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89 Motivational Real Estate Quotes You Haven’t Heard 1,000 Times

The Close

For most of us, great real estate quotes are like self-help books. If you keep reading the same ones over and over, they get boring. That’s why we wanted to dig a little deeper and find 89 insightful, funny, and motivational real estate quotes that you haven’t heard a thousand times. Have any more? Share in the comments! General Real Estate Quotes. 1.

Agents 132
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Tips For Beating Cash Buyers on a Home

Maximum Exposure Real Estate

How To Compete With A Cash Real Estate Offer Do you want to know how to beat a cash offer on a house? Whenever real estate markets turn to favor sellers, the odds of being up against multiple offers for a home increases. The chance of a bidding war increases exponentially in a hot market. […]. The post Tips For Beating Cash Buyers on a Home appeared first on Massachusetts Real Estate Exposure.

Marketing 144
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How to buy a house with someone else (who’s not your spouse)

The Mortgage Report

It's possible for two or more people to buy a home if all the buyers qualify for financing. Learn about buying a home with another person here.

Finance 132
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Lumber Prices in 2020 and 2021 Set Record Highs Even When Adjusted for Inflation

Eye on Housing

Most analyses of lumber price trends and levels fail to account for inflation because the price data for softwood lumber used in framing applications is generally quoted using the Random Lengths Framing Lumber Composite Price or lumber futures prices–neither of which is inflation-adjusted.

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How To Win as a Buyer in a Sellers’ Market [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Even in today’s sellers’ market, there are still ways for buyers to win big. Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by getting a pre-approval letter and leaning on your expert advisors to draft a winning offer. In a sellers’ market, you can still be the champion if you have the right team and strategy.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Ukraine conflict could lead to lower mortgage rates in short-term

Housing Wire

Stocks fell Thursday as Russian troops launched a full-scale attack in Ukraine, and at least in the short-term, the turmoil could lower mortgage rates in the U.S. During large-scale disruptions, investors often flee to safer options, such as U.S. Treasury notes, bonds and mortgage-backed securities. All things being equal, that dynamic tends to put downward pressure on mortgage rates.

Mortgages 493
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Inside a Pacific Heights Penthouse

Sotheby's International Real Estate

Long one of San Francisco’s most coveted neighborhoods, prestigious Pacific Heights is celebrated for its verdant parks, the famed Lyon Street Stairs, and popular boutiques and cafés—but it is perhaps most widely admired for its historic, architecturally significant estates with manicured lawns and sweeping picturesque vistas of the bay. San Francisco, California | Gregg Lynn, Sotheby’s International Realty – San Francisco Brokerage.

Brokerage 128
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Closing Costs and Closing Cost Credits Explained

Maximum Exposure Real Estate

How Do Closing Cost Credits Work In real estate, there are specific terms you should understand well. Two such terms are closing costs and closing cost credits. If you are selling a home, there is a good chance that you will encounter a buyer that requests you to pay part of their closing costs. It’s […]. The post Closing Costs and Closing Cost Credits Explained appeared first on Maximum Real Estate Exposure.

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Should you use home equity to start a new business?

The Mortgage Report

Tapping home equity can be a great way to fund a new business. But there are risks to be aware of. Here's what you should know.

Equity 26
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Townhouse Construction Surged in 2021

Eye on Housing

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction jumped 28.1% in 2021. As housing demand has shifted to more suburban and exurban areas and housing affordability headwinds persist, medium-density construction lagged for much of 2020. However, demand for medium density neighborhoods returned as the economy more fully reopened during.

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Want Top Dollar for Your House? Now’s the Time To List It.

Keeping Current Matters

When you’re selling any item, you usually want to sell it for the greatest profit possible.

Marketing 268
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Santander Bank to stop originating mortgages in the United States

Housing Wire

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. On Wednesday, the bank announced that it will consider applications for residential mortgage or home equity line of credit (HELOC) on the portal EZApply only until Feb. 11. The Spanish bank said it will continue to service current loans and honor pending borrowers’ applications.

Banks 468
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Selling and Buying a House at the Same Time: How You Can Make it Work

HomeLight

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. In the real world, however, it’s not always that easy, and you can usually expect some overlap as you navigate how to sell and buy a house at the same time. At best, you’re dealing with a bit of a juggling act with some element of risk, which can be very stressful.

Equity 126
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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How to Deal With Bad Neighbors When Selling a Home

Maximum Exposure Real Estate

Tips on How to Deal With Bad Neighbors Do you want to know how to deal with toxic neighbors? Selling your home can be challenging, even in the best circumstances. There is just a lot of work involved in selling. So even if you do everything correctly and a buyer arrives on your doorstep the […]. The post How to Deal With Bad Neighbors When Selling a Home appeared first on Massachusetts Real Estate Exposure.

Marketing 135
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Simple Ways to Save Energy and Money

Coldwell Banker

Going green is a great way to minimize waste, help the environment, reduce your energy bills and just live healthier. The post Simple Ways to Save Energy and Money appeared first on Coldwell Banker Blue Matter.

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Builder Confidence Eases on Supply-Side Constraints

Eye on Housing

Despite strong buyer demand, builder sentiment continued to slip in February as the industry grapples with ongoing building material production bottlenecks that are raising construction costs and delaying projects. Builder confidence in the market for newly built single-family homes moved one point lower to 82 in February, marking the second straight month that confidence levels have declined by a single.

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The Perks of Owning More Than One Home

Keeping Current Matters

Many things have changed over the past couple of years, and real estate is no exception.

Marketing 257
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.