Keeping Current Matters
OCTOBER 28, 2021
The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do. Remote Work Is Here To Stay.
Realty Biz
OCTOBER 28, 2021
Most people don’t want to be bothered with trying to sell a house during the holidays. For that very reason, you could do very well selling yours during this super slow part of the season. This is when there is the least number of competing sales in the market. Others don’t bother trying to sell their house during the holidays for many reasons. It could be because they are caught up in the festive and party atmosphere, have friends and family coming over, they don’t want potential buyers trudgin
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Eye on Housing
OCTOBER 25, 2021
After hitting a low of 10% in the first quarter of 2020, the share of adults planning a home purchase within a year rose for five consecutive quarters, peaking at 17% in the second quarter of 2021. The desire for homeownership cooled off in the third quarter, when the share slid back to 16%. Meanwhile, the share of prospective buyers.
Housing Wire
OCTOBER 26, 2021
Zillow CEO Rich Barton. Antonio Pellegrini was stunned. In May the real estate agent listed a two-bedroom home in Fountain Hills, Arizona, 30 miles north of Phoenix, for $342,000. After 25 days on the market, there were no takers for the 1,400-square-foot home and Pellegrini counseled his client about potentially lowering the listing price. Then Zillow came along.
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.
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.
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
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.
Keeping Current Matters
OCTOBER 29, 2021
Some Highlights. Applying for a mortgage is a big step towards homeownership , but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different.
GeekEstate
OCTOBER 29, 2021
[Note from the editor: Originally published on Thomvest’s Blog ]. I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This is the third update to the market map and includes over 100 additional companies — a testament to the pace of entrepreneurship in this segment.
Sotheby's International Real Estate
OCTOBER 26, 2021
As the majestic Sangre de Cristo Mountains of New Mexico unfurl toward the downtown Plaza of historic Santa Fe, tree-lined ridges and arroyos afford ideal spots for luxurious getaways perfectly positioned for serene privacy and spectacular views. This unique home high in these hills is a striking architectural foray, combining elements distinctive to the American Southwest with streamlined contemporary design.
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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.
Housing Wire
OCTOBER 28, 2021
The average 30-year-fixed mortgage rate continues to trend upwards, rising by five basis points to 3.14% for the week ending Oct. 28, according to Freddie Mac ’s latest PMMS survey. Rates have risen roughly 20 basis points over the past month, and market observers believe that rise will continue. Sam Khater, Freddie Mac’s chief economist, said in a statement that the yield on the 10-year Treasury has been increasing “due to the decline in new COVID cases, increasing consumer optimism, as well as
Keeping Current Matters
OCTOBER 25, 2021
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home is one of the most important transactions in your lifetime, and it’s critical to keep your best interests in mind.
Better Dwelling
OCTOBER 25, 2021
It’s time to take off the training wheels for Canada’s economy, which is now looking overstimulated. That’s the take from BMO‘s Douglas Porter, who sees stimulus coming to an end as early as this week. The Bank of Canada (BoC) is increasingly looking out of touch with reality. BMO, amongst others, now sees no justification […]. The post The Bank of Canada Has No Justification To Continue Extreme Stimulus: BMO appeared first on Better Dwelling.
Sotheby's International Real Estate
OCTOBER 23, 2021
From a modern residence in San Francisco to a getaway on the banks of the Rio Grande, these homes feature stained-glass elements that transform light into vivid, glowing color, creating accents that are both visually striking and vibrant. Modern Mediterranean. San Francisco, California | Greg Fulford, Sotheby’s International Realty – San Francisco Brokerage.
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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.
Housing Wire
OCTOBER 26, 2021
Today the Census Bureau reported new home sales came in as a beat of estimates at 800,000 and monthly supply of new homes broke under six months. However, the revisions were unfavorable, which should be noted since month-to-month data for new home sales can be wild and the revisions are a key trend to follow. However, the recent jump in the HMI data (builder confidence) can be attributed to a stabilization in the monthly supply data and a recent uptick in demand.
Keeping Current Matters
OCTOBER 27, 2021
The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see in the graph below, we’re well below where we’ve been for most of the past 10 years.
Realty Biz
OCTOBER 27, 2021
Real estate is an excellent investment — but only if you know what you are doing. Knowledge and understanding are critical for building success as a real estate investor, but the traditional avenues for gaining such skill, i.e. buying a bunch of real estate and seeing what sticks, can be time-intensive, laborious and incredibly costly. Fortunately, courses are a fast-track for gaining the information and abilities you need to be a competent real estate investor.
Eye on Housing
OCTOBER 26, 2021
Contracts for new, single-family home sales increased 14% to an 800,000 seasonally adjusted annual rate in September according to estimates from the joint release of the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. On a year-over-year basis, the September estimate was 18% lower than a year ago, when an unsustainable rebound took hold in.
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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.
Housing Wire
OCTOBER 26, 2021
After four consecutive months of record growth, annual home price growth remained steady from July to August, according to the latest S&P CoreLogic Case-Shiller National Home Price Index report released Tuesday. The index showed a 19.8% annual gain for the year ending in August 2021, remaining the same as the previous month. This remains the highest annual rate of price growth since the index began in 1987.
Realtor.com
OCTOBER 28, 2021
Rental prices haven’t just recovered—they’ve surged to record levels in many parts of the country as the housing crunch continues. The post Rents Continue Surging: Where They’re Rising the Most appeared first on Real Estate News & Insights | realtor.com®.
The Mortgage Report
OCTOBER 26, 2021
Today’s mortgage and refinance rates Average mortgage rates caught a break yesterday as they held steady. But they remain at their highest level since April. Still, previous generations wouldn’t have […].
Realty Biz
OCTOBER 28, 2021
Homebuilding giant Lennar is building what will be the U.S.’s largest community of 3D-printed homes so far in Austin, Texas through a partnership with the startup ICON. The builder, one of the biggest in the U.S., said the high-tech construction method will help it to overcome some labor and materials shortages that have hampered the construction industry over the past 18 months. 3D-printed homes are not just faster to build, but also cost less to produce.
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.
Housing Wire
OCTOBER 25, 2021
The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp , replies with a few trusted names. “There are probably three or four people that I work with,” Dunn said. “Anyone that’s a great communicator will get my attention.”.
Realtor.com
OCTOBER 26, 2021
What happens to the most infamous murder homes where the vicious tragedies committed within attracted international fascination even decades later? The post Lizzie Borden, JonBenet Ramsey, Sharon Tate: What Happens to Infamous Murder Homes? appeared first on Real Estate News & Insights | realtor.com®.
Sotheby's International Real Estate
OCTOBER 25, 2021
Singapore | Veniz Kwong, List Sotheby’s International Realty. How can a luxury home enter a new strata? With the integration of the latest smart technology. When working in unison, the best home automation systems are woven into the house’s design and framework to make life more effortless, more secure, and even more eco-friendly. These seven characteristics of a truly smart home provide security, efficiency, and a seamless experience. .
HomeLight
OCTOBER 28, 2021
Considering buying a one-bedroom to start building equity, but worried it’ll be hard to sell down the line? Or perhaps you’re ready to sell the apartment you’ve been living in, or holding as a rental, but you’ve heard one-bedroom units are notoriously hard to sell. “They’re certainly easier to sell in some markets than others,” says Albert Casalnova , a New York City real estate agent with 15 years experience.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Housing Wire
OCTOBER 27, 2021
Mortgage applications increased 0.3% from last week, per the latest report from the Mortgage Bankers Association for the week ending Oct. 22, 2021. With two consecutive weeks of mortgage rates over 3%, refinances continued to retreat. The refinance share of mortgage activity decreased to 62.2% of total applications, down from 63.3% the week prior. The refinance index was down 2% from the week prior, a staggering 26% lower than it was the same week last year.
Realty Biz
OCTOBER 29, 2021
Spring represents a time of renewal, which is probably the reason why it’s famous for spring cleaning. Spring cleaning is not only limited to family but it’s the time when businesses also make it their mission to clean their offices and buildings to maintain hygiene. One of the most overlooked yet crucial aspects of commercial cleaning is cleaning coils in your commercial HVAC.
Coldwell Banker
OCTOBER 26, 2021
Vistas, sounds, scents, flavors and tactile touches—all of your senses will be aroused in this European sovereign nation, the world’s second-smallest country (only Vatican City is smaller). Put on your natural fiber clothes (that will blow in the breeze), slip on your softest, supple shoes (so you can stroll along the walkways), perch your dark oversized sunglasses on your nose, casually, of course (for privacy or to create mystery), and don that woven floppy hat, too (if you dare), all to elici
Eye on Housing
OCTOBER 29, 2021
The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income slumped 1% in September to a seasonally adjusted annual rate (SAAR) of $20.49 billion. This decrease in personal income was largely due to declines in the government social benefits, including economic impact payments and the pandemic unemployment compensation.
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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