Housing Wire

OCTOBER 22, 2021

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. In the second quarter of 2021, investor purchases accounted for 15.4% of all home purchases nationwide, compared with 11.5% of all home purchases a year prior. Despite such a large year-over-year change, it is still slightly lower than Q1 2021 , in which investors held 15.9% of the market.

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Keeping Current Matters

OCTOBER 13, 2021

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space. 69% of respondents want a home office (48% wanted multiple offices). 46% of respondents want a multi-function room/flexible space. 42% of respondents want an au pair/in-law suite. 39% of respondents want an exercise room/yoga space

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Housing Wire

OCTOBER 29, 2021

The housing market continues to be hot in most of the country, but there are signs that the party may be coming to an end. To help better understand what the latest data means for the industry, HousingWire Lead Analyst Logan Mohtashami answered questions about what it all means. The Q&A was hosted in the HW+ Slack channel, which is exclusively available to members.

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Better Dwelling

OCTOBER 22, 2021

The whole world is undergoing a housing shortage, but vacant homes are barely budging. The OECD‘s latest data drop shows 42 million of its 426 million homes are vacant. Yes, roughly one in ten homes in advanced economies are empty. There are literally years of housing supply being used as an alternative to gold. Rather […]. The post The World Has Millions of Vacant Homes, and 1.3 Million Are In Canada: OECD appeared first on Better Dwelling.

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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

OCTOBER 22, 2021

Fixer-Uppers – Things To Keep in Mind Are you considering buying a home that needs work? Buying fixer-upper houses can be a good move in certain circumstances. On the surface, the idea of purchasing a fixer-upper for cheap and selling it for a high price seems like a no-brainer. But it is essential to move […]. The post Fixer Upper Homes: What Are The Pros and Cons to Buy One appeared first on Massachusetts Real Estate Exposure.

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Eye on Housing

OCTOBER 18, 2021

Strong consumer demand helped push builder confidence higher in October despite growing affordability challenges stemming from rising material prices and shortages. Builder sentiment in the market for newly built single-family homes moved four points higher to 80 in October, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.

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Marketing 145

Keeping Current Matters

OCTOBER 12, 2021

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out, rest assured today’s mortgage rates are still worth taking advantage of.

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Housing Wire

OCTOBER 5, 2021

Nearly one quarter of U.S. home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. The rise in the number of homes that received multiple offers is reflected in the increased frequency of bidding wars in 2021. Typical sellers received two offers, which is the same as the past three years.

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Better Dwelling

OCTOBER 4, 2021

Canada’s biggest bank found more people are trading life in the big city for Atlantic living. RBC economist Carrie Freestone crunched the numbers of interprovincial migration for Q2 2021. She found prime demographics are finding their way to Atlantic Canada. The migration was mostly from expensive provinces like Ontario and Alberta. Atlantic Canada Just Saw […].

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Banks 145

Maximum Exposure Real Estate

OCTOBER 21, 2021

Moving Change of Address Checklist Who are the most important people and organizations to notify when you are moving? An excellent question, right? When you move, it is essential to understand who should know you’re changing your address. A change of address checklist is necessary not to forget who should know about your new location. […].

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Marketing 145

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Brokerage

Eye on Housing

OCTOBER 27, 2021

Thanks to a surge in residential investment during 2020, housing’s share of GDP remains elevated compared to recent years. 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 has continued to expand in 2021, although as the rest of the economy recovers, the housing.

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Lighter Side of Real Estate

OCTOBER 6, 2021

It’s one thing for a real estate agent to tell you about the dangers of buying big-ticket items (like a car), racking up your credit card bills, or opening up new credit cards until your mortgage is approved and closed. But it hits a whole lot closer to home when a home buyer warns you of the danger through tears of sadness. Watch Cassidy Gard’s emotional TikTok video about how simply opening a Home Depot credit card for a $9 purchase is likely going to cause her not to be able to buy a house.

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Keeping Current Matters

OCTOBER 7, 2021

The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “ Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap.

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Housing Wire

OCTOBER 11, 2021

For the second month in a row, national housing affordability improved in August, according to the latest National Association of Realtors housing affordability index report. This improvement came as monthly mortgage payments fell by 1.1% while median family income fell by 0.7%. As of August 2021, the 30-year fixed mortgage rate was 2.89% compared to 3% a year prior.

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Principal Mortgages Sales As-is 545

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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

Better Dwelling

OCTOBER 21, 2021

Canada’s central bank is increasingly feeling the pressure from inflation. Desjardins, the country’s largest cooperative financial group, accelerated its interest rate forecast. They see the Bank of Canada (BoC) hiking rates a quarter earlier than previously expected. Elevated inflation is what’s behind the change, and it’s going to push the cost of mortgages higher.

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Maximum Exposure Real Estate

OCTOBER 8, 2021

Over the past year, a few of my clients have asked me what is coming soon real estate marketing and how it works. If you have paid much attention to the real estate market lately, you have probably noticed “Coming Soon” on the occasional yard sign or certain Zillow listings. The coming soon real estate […]. The post Pros and Cons of Coming Soon Real Estate Marketing appeared first on Massachusetts Real Estate Exposure.

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Marketing 145

Sotheby's International Real Estate

OCTOBER 14, 2021

Atami, Japan | List Sotheby’s International Realty. Seeking peace, harmony, and tranquility at home? Perhaps it’s time to embrace the minimalism, artisanal craftsmanship, and traditional features that make Japanese design so inviting. Though Japandi style—a combination of classic Japanese and streamlined Scandinavian aesthetics—is topping trend lists this year, the foundational components of Japanese design are truly timeless.

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Design 143

Lighter Side of Real Estate

OCTOBER 7, 2021

There’s no denying that the recent market has been tough for buyers. Thanks to historically low inventory, many would-be buyers have been unable to successfully find and purchase a home. But it looks like that’s starting to change. According to the September Housing Report from realtor.com , available inventory in the United States (which the report defined as active listings on realtor.com without a contract) hit 646,053 homes in September—a high for 2021.

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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

OCTOBER 19, 2021

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer that question, let’s first understand a few terms you may be hearing right now.

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Housing Wire

OCTOBER 8, 2021

Skyrocketing U.S. home prices are quickly shifting the affordability calculus for prospective homebuyers in 2021 — even though mortgage rates have remained near record lows. The median home price nationwide in August increased 14.9% from a year ago to $356,700, according to the National Association of Realtors. August marked the sixth consecutive month where median home prices increased by double-digit percentages from a year ago.

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Better Dwelling

OCTOBER 27, 2021

Pour one out for Canada’s cheaper-than-cheap flood of easy credit, because it’s on its way out. Today the Bank of Canada (BoC) announced their quantitative ease (QE) program is coming to an end. The program, which floods markets with cheap debt, was used to drive inflation and home sales higher. Now that these issues have […]. The post The Bank of Canada Is Killing The Program That Helped Home Prices Soar appeared first on Better Dwelling.

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Maximum Exposure Real Estate

OCTOBER 7, 2021

Rent Your House or Sell It? If you are thinking about leaving your old house behind for a different one – to upgrade, to downsize, to relocate, or for some other reason – you are probably thinking the same thing most people in your situation do: “Should I rent my house, or should I sell […]. The post Is Renting or Selling My Home The Best Decision appeared first on Massachusetts Real Estate Exposure.

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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

Sotheby's International Real Estate

OCTOBER 7, 2021

Sotheby’s International Realty today announced that Reside Realty Ltd. has joined the network and will now operate as Jamaica Sotheby’s International Realty. The addition marks the brand’s continued growth in the Caribbean and comes at a time of increased interest in secondary and resort markets. The addition follows the brand’s recent expansion into St.

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Lighter Side of Real Estate

OCTOBER 14, 2021

When you’re selling your home, choosing the right real estate agent is one of the most important parts of the process. A great real estate agent can help you sell your home quickly, profitably, and with as little stress as possible—while a not-so-great agent can make the process longer and more frustrating than it needs to be. So, what’s the key to making sure that you choose the right agent for your home sale?

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Keeping Current Matters

OCTOBER 26, 2021

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks in the Fall. In the residential real estate market, trends generally follow a predictable and seasonal pattern.

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Housing Wire

OCTOBER 14, 2021

Young people make up a smaller share of recent homebuyers than in previous years most likely due to the increased market activity of baby boomers, a new Zillow report published on Thursday found. It’s hardly breaking news that the demand for housing has drastically increased over the past 18 months, but the report suggests that this has more to do with demographic trends than the pandemic.

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Equity Construction Marketing As-is 539

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

HomeLight

OCTOBER 4, 2021

Updated October 4, 2021. The typical home buying process goes something like this: You save up your cash , get preapproved for a mortgage , and put an offer on a house that fits your budget. The offer is accepted; then, you sign the loan, grab the keys, and move in. But what if that sequence of events doesn’t work for everyone? Sometimes you don’t have enough cash saved up for a down payment , or you’re between jobs and can’t qualify for a loan.

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Maximum Exposure Real Estate

OCTOBER 15, 2021

The Role of a Real Estate Title Company As if real estate wasn’t confusing enough. Just when you think you have a handle on all the professionals and the organizations, along comes someone or something else to let you know there’s always more to learn. One of these items is knowing what a title company […]. The post What Does a Title Company Do in a Real Estate Transaction appeared first on Massachusetts Real Estate Exposure.

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Sotheby's International Real Estate

OCTOBER 30, 2021

Whether they’re sculptural and contemporary or forged from Baccarat crystal, distinctive light fixtures make each of these homes shine. Magnificent Contemporary Farmhouse. San Francisco, California | Dana Cappiello, Sotheby’s International Realty – San Francisco Brokerage. This one-of-a-kind home is replete with showstopping spaces, each with unique details that include eye-catching light fixtures.

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Brokerage 143

Realty Biz

OCTOBER 12, 2021

Purchasing a new house is a complicated process, which requires time and a lot of care. To make it a safe and carefree process, there are several elements to consider before signing the actual contract. Although the immediate attention of any buyer goes towards the financial aspects, like loans and credit history, it is instrumental to thoroughly understand how to verify the history of the house you intend to buy.

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Agents