Keeping Current Matters

FEBRUARY 17, 2022

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

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Marketing 263

Housing Wire

FEBRUARY 22, 2022

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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Construction New Construction Industrial Residential 538

Eye on Housing

FEBRUARY 15, 2022

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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Construction Residential 134

Maximum Exposure Real Estate

FEBRUARY 20, 2022

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.

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Marketing 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

The American Genius for Real Estate

FEBRUARY 14, 2022

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

Equity 134

Sotheby's International Real Estate

FEBRUARY 24, 2022

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.

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Brokerage 134

Housing Wire

FEBRUARY 17, 2022

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.

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Lending Loans Mortgages Closing 541

Eye on Housing

FEBRUARY 22, 2022

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.

Residential 143

Residential Design As-is Marketing 143

Maximum Exposure Real Estate

FEBRUARY 11, 2022

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

Marketing 145

Brownstoner

FEBRUARY 11, 2022

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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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

The Close

FEBRUARY 28, 2022

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.

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Agents Technology As-is Sales 132

Keeping Current Matters

FEBRUARY 11, 2022

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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Pre-approval Marketing 271

Housing Wire

FEBRUARY 24, 2022

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.

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Mortgages Title Investor As-is 493

Eye on Housing

FEBRUARY 21, 2022

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building expanded by 10.8% in 2021 amid strong demand for move-up purchases given a rise in existing home equity. There were 49,000 total custom building starts during the final quarter of 2021. This marks a 11.4% gain from the fourth quarter of 2020.

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Equity Design 134

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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

FEBRUARY 4, 2022

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

Marketing 144

Sotheby's International Real Estate

FEBRUARY 8, 2022

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.

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HomeLight

FEBRUARY 28, 2022

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

Equity Debt-to-income ratio Closing Loans 126

Keeping Current Matters

FEBRUARY 18, 2022

Some Highlights. There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying age.

Mortgages 258

Mortgages Marketing 258

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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

Housing Wire

FEBRUARY 18, 2022

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.

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Sales Investor Mortgages As-is 501

Eye on Housing

FEBRUARY 3, 2022

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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Maximum Exposure Real Estate

FEBRUARY 18, 2022

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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Closing costs Closing Marketing 142

Realty Biz

FEBRUARY 25, 2022

What is DOM? Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. After a particular moment in time, any of these products becomes stale.

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Days on market Marketing Staging Renovation 126

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

Coldwell Banker

FEBRUARY 9, 2022

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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Keeping Current Matters

FEBRUARY 4, 2022

Some Highlights. If your workplace is delaying its return to office plans or is allowing permanent work from home options, that may open up new possibilities for your home search. Ongoing remote work could give you the chance for a change in scenery, a move to an area with a lower cost of living, or finding a home with more home office space. If you want to learn about how remote work can give you more options, partner with a local real estate professional to discuss your situation and prioritie

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Housing Wire

FEBRUARY 3, 2022

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.

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Banks Mortgages Fixed-rate mortgage Equity 468

Eye on Housing

FEBRUARY 16, 2022

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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Construction Industrial Marketing 130

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

FEBRUARY 7, 2022

What Credit Score Do I Need to Buy a Home? Are you interested in knowing the minimum credit score needed to buy a house? It is one of the most common mortgage questions among first-time home buyers. As you’ve probably guessed, your credit score is one of the essential factors in purchasing a house. Buying […]. The post Minimum Credit Score to Buy a House appeared first on Massachusetts Real Estate Exposure.

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Mortgages As-is 137

HomeLight

FEBRUARY 4, 2022

The pandemic cast our homes in a whole new light and subsequently shifted which renovations increase home value. Our abodes are now places to relax and recharge one moment, work without commuting to the office the next, and “vacation” without leaving town when needed. Kitchens and baths still matter to buyers, but now a home office and outdoor entertainment rival these spaces in importance.

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Renovation Agents As-is Design 124

The American Genius for Real Estate

FEBRUARY 28, 2022

(HOMEOWNERSHIP) You see the term in the MLS for fixer uppers, you hear it when Realtors are working with first time buyers. But the term "starter home" shouldn't be in anyone's vocabulary. Here's why. The post Why the phrase ‘starter home’ is overrated and overused appeared first on The American Genius Real Estate.

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MLS 122

Keeping Current Matters

FEBRUARY 23, 2022

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

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Marketing 279

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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.

Agents