Housing Wire

APRIL 16, 2021

Housing starts jumped in March, recovering from a bleak February that included wild winter storms in the South, according to a recent report from the Census Bureau. Single-family housing starts rose 15.3% over the month to a pace of 1.24 million annualized units. That’s up 37% from a year ago, but it’s important to take into account that the COVID-19 virus first took hold of the housing market in March 2020, said Doug Duncan, chief economist at Fannie Mae. “The March pace was t

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Keeping Current Matters

APRIL 6, 2021

In a sellers’ market , some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner , or FSBO ) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up virtually any house that comes to market. This makes it even more tempting to FSBO.

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Realtor.com

APRIL 30, 2021

realtor.com We know Austin, TX, is one of the country’s hottest real estate markets. We also know the impact of remodels featured on HGTV’s popular “Property Brothers.” Join those two unstoppable forces together, and you’ll wind up with a home that sells more quickly than you can say “new listing.” The show’s stars, Jonathan and Drew Scott , completed a remarkable renovation of this midcentury modern way back in Season 4 of their long-running show

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Eye on Housing

APRIL 29, 2021

Thanks to a surge in residential investment during 2020, housing’s share of GDP has returned and remains near historic norms. Last year’s market conditions involved a renewed focus on the importance of home, an evolving geography of housing demand, and a lack of for-sale inventory. Housing should continue to expand in 2021. For the first quarter of 2021, overall GDP growth continued.

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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

Better Dwelling

APRIL 28, 2021

Canadian real estate is in a melt-up, and the Government of Canada (GoC) was warned not to pour any gas on the fire. Naturally, they’re getting ready to pour gas on the exact fire they were told not to. On May 3, 2021, the GoC will expand the First-Time Home Buyer Incentive (FTHBI) program. The […]. The post Canada Is Pumping More Credit Into Its Property Bubbles, Against Global Warnings appeared first on Better Dwelling.

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Maximum Exposure Real Estate

APRIL 17, 2021

11 Financing Programs for First-Time Home Buyers Are you looking to find a first-time home buyers program? A first-time home buyer loan is something that many folks ask both real estate agents and mortgage brokers about. It’s an excellent question to ask as there are numerous first-time home buyers programs to consider. The improvement in […].

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Keeping Current Matters

APRIL 8, 2021

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement. 87% – the best investment plan. 85% – the chance to be better off financially. 85% – the chance to build up wealth.

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Realtor.com

APRIL 19, 2021

Connie Gauthier A huge house overlooking a forest in Summersville, WV, is the state’s most expensive listing, at $19.5 million. “It’s a property that sits on top of a hill and encompasses just over 100 acres, and the views are spectacular,” says the referring agent, Marin Hagen. “You really get the sense of it being a serene retreat—simply based on the siting of the house on the property.”.

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Eye on Housing

APRIL 22, 2021

The two most wanted features in a home are a laundry room and exterior lighting, according to NAHB’s latest study on consumer preferences – What Home Buyers Really Want (2021 Edition). The study is based on a national survey of more than 3,200 recent and prospective home buyers (people who bought homes in the previous three years or plan to.

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Better Dwelling

APRIL 23, 2021

Canadian homebuilding lagged in the past, but it now far exceeds population growth. CMHC data shows home completions started to outpace population growth last year. By the fourth quarter, there are now 18 homes completed for every person the population grows. Curiously, home prices have been soaring in growth. Canadian Homebuilders Are Still Hammering Out […].

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Brokerage

Lighter Side of Real Estate

APRIL 14, 2021

There’s no denying that the real estate market has had its ups and downs over the past year. But how are buyers and sellers feeling about the market today? In March, the Fannie Mae Home Purchase Sentiment Index (HPSI) was 81.7, up 5.2 points from February—which means more consumers are feeling optimistic about the real estate market. According to the HPSI: 61 percent of consumers surveyed said that now was a good time to sell (up from 55 percent in February). 53 percent of consumers surveyed sai

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Housing Wire

APRIL 5, 2021

The Consumer Financial Protection Bureau (CFPB) released a notice of proposed rulemaking on Monday that would amend Regulation X to provide a special pre-foreclosure review period prohibiting servicers from starting foreclosures until after December 31, 2021. Under current CFPB foreclosure rules, a borrower must be 120 days delinquent before the foreclosure process can start.

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Keeping Current Matters

APRIL 28, 2021

The question many homebuyers are facing this year is , “Why is it so hard to find a house?” We’re in the ultimate sellers’ market , which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there are so few houses for sale.

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Maximum Exposure Real Estate

APRIL 19, 2021

Differences Between Renting an Apartment and a Condo Renting condos and apartments can be easily confused. There are many important differences you need to understand when you are choosing between these property types. Some home types are obviously different, like a townhouse and an apartment. But when it comes to apartment vs. condo, the differences […].

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Agents

Realty Biz

APRIL 14, 2021

Considerations When Renting a Room in Someone’s House. Are you considering renting a room in someone’s house? You are not alone as sharing space in a home has become more popular. Owning a home can be expensive. That’s why many people are opting to rent a room in their home so they can help cut down housing costs. Some owners have found themselves in a financial squeeze that has forced them to do things they otherwise would not.

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Better Dwelling

APRIL 17, 2021

Canadian real estate buyers may get a little psychological shock later this week. The Bank of Canada (BoC) will update the public on monetary policy next Wednesday. Three Big Six banks said they expect the central bank to discuss higher rates. Two of those, expect a discussion on rate hikes happening earlier than stated. All […]. The post Bank of Canada Expected To Hike Rates Sooner Than Planned, May Cool Housing appeared first on Better Dwelling.

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RIS Media

APRIL 1, 2021

Are you considering renting a U-Haul truck for an upcoming move? Whether you need to move you and your family across the state, or you’ve just got some building materials for an up-and-coming product you need to move, you’re probably going to need to rent a truck. Your first choice may be a U-Haul rental, but do you know all you should know about this rental company before you go ahead and trust them with your money and your goods?

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Housing Wire

APRIL 30, 2021

Historically, retirees have always put Scottsdale high on their list of destinations when looking to take advantage of lower home prices, larger lots, agreeable weather and low cost of living. But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on.

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Sales

Keeping Current Matters

APRIL 23, 2021

Some Highlights. In a recent article , Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”. Today’s housing market is healthy, and rising prices are driven by real buyer demand.

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Maximum Exposure Real Estate

APRIL 12, 2021

What to Know About Septic Inspections Are you wondering how septic inspections work? If you are buying a home with a septic tank, there are some things you need to be aware of. If you are selling your home, you could need an inspection of the septic system. For example, here in my home state […]. The post Septic Inspections: What to Know About a Septic System Inspection appeared first on Massachusetts Real Estate Exposure.

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Eye on Housing

APRIL 7, 2021

A multigenerational home is desirable to some buyers, but not to all. According to What Home Buyers Want, 2021 Edition*, buyers are evenly divided when it comes to the desire for a home designed to house the buyer as well as a younger generation and an older generation: 39% would prefer such a home, but 39% would be against it.

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Better Dwelling

APRIL 6, 2021

One of Canada’s largest banks made an unusual move — they called out the role the Bank of Canada (BoC) played in the property bubble. Well, they subbed them. BMO senior economist Robert Kavcic sent clients a housing analysis this morning. He attributes the transition from a hot market to one that’s going to burn […]. The post A Large Canadian Bank Just Blamed The Bank of Canada For The Property Bubble appeared first on Better Dwelling.

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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

Homes.com

APRIL 2, 2021

Learn about the best U.S suburbs to move to in 2021 based on a variety of factors such as average home price, education scores, and more! The post The Best U.S. Suburbs to Move to in 2021 appeared first on Homes.com.

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Housing Wire

APRIL 2, 2021

Should you or shouldn’t you downsize? If you’re a homeowner , this is a question you’ll inevitably ask yourself. While owning a home is exciting, it comes with a great deal of responsibility. If your home doesn’t fit your lifestyle anymore, you might want to consider purchasing something smaller – or even renting. Besides cutting costs, downsizing has additional benefits.

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Keeping Current Matters

APRIL 21, 2021

This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. After creeping up for seven consecutive weeks, average mortgage rates have dropped more recently ( See graph below ).

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Maximum Exposure Real Estate

APRIL 3, 2021

Earnest Money/House Deposits Explained What is earnest money? How much is earnest money? How does earnest money work? What’s the difference between earnest money and down payment funds? These are all common questions that home buyers ask real estate agents daily. By the time you’re done reading, you’ll have a solid understanding of the answers […].

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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

Eye on Housing

APRIL 12, 2021

A new question introduced to the 2021 Edition of What Home Buyers Really Want* showed buyers pictures and descriptions of four exterior designs and asked for their preference. Results reveal that buyers have quite diverse preferences for the exterior style of their home, since none of the choices was preferred by anywhere near a majority of buyers. At best, a.

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Better Dwelling

APRIL 12, 2021

A Canadian official in charge of housing policy confirmed the current market is not an accident. Instead, it’s a conscious decision where the government picked the winners and losers. TVO aired an interview with MP Adam Vaughan yesterday, discussing housing policy. In the interview, Vaughan, who helps oversee the CMHC, said price drops are not […].

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Realtor.com

APRIL 9, 2021

Getty Images As you scroll through the real estate listings, you might spot a few that say the house is “under contract.” But what does “under contract” mean? In most cases, a property is listed as “under contract” once a buyer has made an offer and the seller has accepted. While that’s a big step, it doesn’t mean the deal is done quite yet.

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Housing Wire

APRIL 19, 2021

A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of folks are concerned about a housing market crash. They may be wishing for it, or they may be fearing that it will happen — but they are thinking about it. I understand the concern. A home is your shelter.

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Agents