Housing Wire
NOVEMBER 29, 2021
Today, pending home sales came in as a big beat of estimates — up 7.5% in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. Like I have often said, professional grifters have plagued the housing sector for many years and shouldn’t be looked to as fundamental economic sources of information.
Keeping Current Matters
NOVEMBER 29, 2021
As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation , growing equity , low inventory , and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter.
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Eye on Housing
NOVEMBER 24, 2021
Contracts for new, single-family home sales were flat at a 745,000 seasonally adjusted annual rate in October according to estimates from the joint release of the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. However, the flat reading was due to a significant downward revision for the September pace (revised from an 800,00 rate to.
Lighter Side of Real Estate
NOVEMBER 11, 2021
If you’ve never purchased a home before, it can be hard to know what the process will be like. But chances are, you have some ideas about what to expect—but in this real estate market, you may need to reevaluate some of those expectations. A recent article from realtor.com outlined common ideas first-time buyers have about the homebuying process that, in this market, are unrealistic at best (and delusional at worst), including: You can find a mortgage after you find your house.
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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.
Realty Biz
NOVEMBER 30, 2021
Buying and selling a home is not always as easy as it might seem, especially when you’ve never done it before. To make optimum real estate decisions, you usually have to dig deep into its specificity and terminology. You might be discouraged by real estate lingo you’ve never heard before like, earnest money, or escrow. They describe complex principles within the property market and are essential for any good transaction.
Sotheby's International Real Estate
NOVEMBER 18, 2021
Barcelona, Spain | Barcelona & Costa Brava Sotheby’s International Realty. Looking to manifest a little more joy at home? Just add a pop of color. While a neutral palette and soft hues continue to lead the way in contemporary design, maximalist desires are proving to be in demand once again, and that includes the use of bright and bold shades. Whether fully committing to transforming a room with an unexpected tone, or opting to incorporate accents for a little panache, the spaces in these f
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
NOVEMBER 18, 2021
Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year. Real estate is very similar.
Better Dwelling
NOVEMBER 30, 2021
Canadian real estate prices are rising, but investors are quietly pulling back. In fact, they’re withdrawing their capital at one of the fastest rates in history. Statistics Canada (Stat Can) data shows residential investment dropped sharply in Q3 2021. This is the component of GDP that covers real estate’s most direct economic output. The GDP […].
Coldwell Banker
NOVEMBER 23, 2021
Serious buyers aren't putting their plans on hold during the holidays, so why postpone your plans? The post Benefits of Listing Your Home During the Holidays appeared first on Coldwell Banker Blue Matter.
Realtor.com
NOVEMBER 29, 2021
Realtor.com / Getty Images After more than a year of staggering increases in home prices, the party appears to be coming to an end. The growth in prices, which rose more than 30% this year in some of the nation’s hottest real estate markets, appears to have peaked nationally. Home prices are still increasing, but substantially less than they were just a few months ago.
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.
Sotheby's International Real Estate
NOVEMBER 2, 2021
The unmistakable style of prolific architect William Pereira—whose cutting-edge creations included such landmarks as the Transamerica Pyramid in San Francisco—helped define the 20th century’s design aesthetic. This iconic midcentury residence, designed by Pereira and painstakingly restored, exhibits many of his trademark elements and his forward-thinking style.
Housing Wire
NOVEMBER 1, 2021
With mortgage rates falling during the COVID-19 crisis, many households were able to refinance to lower payments. Because a mortgage payment is almost always the most prominent payment households make each month, lower payments have allowed homeowners who bought homes to have better cash flow over the last few years. This means mortgage holders who have refinanced their homes to lower payments while their wages have also grown look great on paper.
Keeping Current Matters
NOVEMBER 4, 2021
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time. After the last housing crash, about 9.3 million households lost their homes to a foreclosure, short sale, or because they simply gave it back to the bank.
Better Dwelling
NOVEMBER 1, 2021
Canadians might see much higher borrowing rates in the not-so-distant future. Scotiabank chief economist Jean-François Perrault has forecast up to 8 rate hikes within 2 years. He sees elevated inflation backing the Bank of Canada (BoC) into a corner on the issue. Inflation appears to be a lot less transitory than thought. If that’s the […].
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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.
Coldwell Banker
NOVEMBER 23, 2021
Make them feel welcome by treating them the way you’d want to be treated in someone else’s home. The post Easy Ways to Prepare for Overnight Guests appeared first on Coldwell Banker Blue Matter.
Realtor.com
NOVEMBER 19, 2021
Photos via Instagram by fireclaytile / stiltje.se / kitchen_posts_daily The months of what seem like nonstop cooking and hosting are upon us. That means your kitchen will not only be the center of major food prep but also the spot where guests will want to chat and hang out with you—even if you’re covered in flour, or worse. So what better time than the present to remake your kitchen into something more functional, and far more fabulous?
Sotheby's International Real Estate
NOVEMBER 6, 2021
From Manhattan to Pebble Beach, these distinctive foyers welcome visitors and introduce them to their homes’ unique character and style. Chic Cooperative. New York, New York | Louise C. Beit, Sotheby’s International Realty – East Side Manhattan Brokerage. Once the home of Hollywood luminary Joan Fontaine, this elegant four-bedroom residence enjoys an enviable location in a coveted 1928 cooperative.
Housing Wire
NOVEMBER 22, 2021
The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 million. This number is above my trend sales peak of 6.2 million and that means we have had back-to-back existing home sales prints of over 6.2 million. Early in the year, I had discussed that if existing home sales stay in a range between 5.84 million and 6.2 million, that would mean it’s a good year for housing demand.
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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
NOVEMBER 3, 2021
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But even over the past few weeks, rates have started to rise.
Maximum Exposure Real Estate
NOVEMBER 21, 2021
The Guide to iBuyers Explained Have you heard the term iBuyer or instant buyer and wondered what it meant? Technology changes the way we do business, and real estate is no exception. The internet has already caused significant changes in the real estate sales process. Communications, photos, virtual tours – the list goes on. Doing […]. The post What is an iBuyer: What to Know About Instant Buyers appeared first on Massachusetts Real Estate Exposure.
Eye on Housing
NOVEMBER 22, 2021
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 third quarter 2021 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area increased.
Realtor.com
NOVEMBER 23, 2021
Realtor.com / Getty Images Everyone by now has heard of the “Great Resignation.” Workers all over the country—whether burned out, fed up, or just experiencing serious post-pandemic wanderlust—have decided now’s the time to finally call it quits. However, there’s another transformative workforce trend also emerging, one that may have an even bigger long-term impact.
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.
Sotheby's International Real Estate
NOVEMBER 13, 2021
Whether in California’s wine country or on the rolling plains outside historic Santa Fe, these welcoming guesthouses allow visiting family and friends to unwind in seclusion and style. Houston Hacienda. Houston, Texas | Ann Singleton, Martha Turner Sotheby’s International Realty . Beneath mature shady trees on 1.29 acres in the coveted Broadacres area of Houston, this Spanish-style hacienda is filled with elegant Old World character, from cypress ceiling beams to vintage terra cotta tile.
Housing Wire
NOVEMBER 17, 2021
Today, the U.S. Census Bureau reported that housing starts came in as a miss of estimates at 1.52 million for October and housing permits came in at a beat at 1.65 million. Revisions came in negative, but the real story here is that housing is back to its slow construction phase, which isn’t shocking considering where monthly supply is at and the delays in construction that we are all aware of.
Keeping Current Matters
NOVEMBER 5, 2021
Some Highlights. Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight , meaning it could sell quickly – and for more than you’d expect.
Coldwell Banker
NOVEMBER 23, 2021
Time to add sparkle and shine without waking up the neighborhood. The post Elegant Holiday Presence appeared first on Coldwell Banker Blue Matter.
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.
Realty Biz
NOVEMBER 3, 2021
If you find you need a source of extra income, the equity you have in your home could be the solution. A second mortgage will release some of the money you’ve put into your home when you need it the most, but there are some negatives to consider. There are some common mortgage questions to ask prior to obtaining a mortgage. We’ll review the five things you need to know about second mortgages before you decide to apply to a lender.
Realtor.com
NOVEMBER 25, 2021
Photos via Wayfair / Amazon / Williams Sonoma / Realtor.com After a very muted holiday season last year (thank you, pandemic), many are eager to make up for lost time by fully embracing holiday cheer this year. And for many, that means going all out, with lights, shiny baubles, and all the trimmings that make Christmas decor the fantastic spectacle it can be.
Sotheby's International Real Estate
NOVEMBER 25, 2021
Whether hosting a quiet, casual weeknight meal or a formal fête for a crowd, the dining room is an essential space in the inviting modern home. From Central Park West to Santa Barbara, these dining rooms encourage everyone to gather at the table in style. Ocean View Villa. Santa Barbara, California | Maureen McDermut, Sotheby’s International Realty – Montecito – Coast Village Road Brokerage.
Housing Wire
NOVEMBER 26, 2021
Life comes at you fast. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this? In this type of economic environment is it even possible for mortgage rates to get to 4% and can the Federal Reserve really hike rates in an aggressive fashion?
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