Realty Biz
JANUARY 29, 2022
For most people, buying a home is the largest financial decision they’ll make in their lifetimes. It’s not a deal easily undone once the final papers are signed, so it makes sense to understand the ins and outs of mortgages before taking the leap into homeownership. Here are six mortgage mistakes to avoid (and what to do instead). 1. Draining Cash Reserves for a Down Payment.
Keeping Current Matters
FEBRUARY 2, 2022
Mortgage rates have increased significantly since the beginning of the year.
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RIS Media
JANUARY 30, 2022
Your reputation isn’t just built by word-of-mouth anymore—potential clients are often checking you out online before they even get in touch with you. They’ll look at your social media profiles, blog posts, listing, reviews, and other places where your name appears on the Internet to get a full sense of your online image. In fact, statistics show that 42% of consumers look someone up before they decide to do business with them.
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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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.
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.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
JANUARY 31, 2022
HGTV On “Home Town,” Erin and Ben Napier know that old trends usually come back in style. Perhaps that’s why they’re such big fans of “ grandmillennial ” design. In the Season 6 episode “Grandmillennial,” Erin and Ben meet with Rebekah Staples , Erin’s friend since junior high. Staples has been living in Jackson, MS, but is now moving back to Laurel.
Housing Wire
FEBRUARY 4, 2022
Today, the Bureau of Labor Statistics reported that 467,000 jobs were created in January. This was a big surprise as some people, including me, thought the rise in the number of sick days being reported could impact this month’s job report. One of the factors I’ve cited over the last few months is that we should see more positive revisions occur in the future.
Lighter Side of Real Estate
JANUARY 31, 2022
Game nights can be a great way to relax with friends and family, and have some fun and laughs. But they can also bring out the competitor in people. It’s all fun and games until someone is getting their butt whooped! If you love playing games, but love winning even more, you might want to think twice about challenging a real estate agent when it comes to some games.
Keeping Current Matters
FEBRUARY 3, 2022
If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members.
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.
Maximum Exposure Real Estate
JANUARY 30, 2022
What to Know About Mortgages For Land Are you planning to buy a plot of land to build a new home? Are you investigating a land loan? If you need financing, you may find it more challenging to get a loan for land from traditional lenders. Land loans are a more specialized finance product available […]. The post Land Purchase Loans: What to Know About Getting a Lot Loan appeared first on Massachusetts Real Estate Exposure.
Housing Wire
FEBRUARY 4, 2022
After two months of disappointing job growth, the U.S. jobs report released Friday shows that 467,000 non-farm payroll jobs were added in January. Despite this increase, the unemployment rate rose slightly to 4.0% in January from 3.9% in December. The unemployment rate remains higher than the 3.5% unemployment rate recorded in February 2020, just prior to the Covid-19 pandemic.
Sotheby's International Real Estate
JANUARY 29, 2022
From Manhattan to Houston, these four enviable homes are perched on their buildings’ highest floors, where they enjoy consummate privacy, vistas, and style along with amenities that go above and beyond. Sophistication and Sea Views. West Palm Beach, Florida | Christine Gibbons, Sotheby’s International Realty – Palm Beach Brokerage. Sleek modern style and unobstructed views of the ocean and Intracoastal Waterway are hallmarks of this rare three-bedroom penthouse high above famed Flagler Dri
Keeping Current Matters
FEBRUARY 1, 2022
Over the past two years, we’ve lived through one of the most stressful periods in recent history.
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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.
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.
Housing Wire
FEBRUARY 3, 2022
This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.
Maximum Exposure Real Estate
JANUARY 31, 2022
When you buy a home or have new construction built, you have lots of choices to make. It can be a confusing experience with new terms to understand and decide on. One such decision is the type of home to choose from. A standard comparison is modular homes versus stick built. While you might not […]. The post Are Stick Built Homes Better Than Modular Homes?
Keeping Current Matters
JANUARY 31, 2022
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider.
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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.
Eye on Housing
FEBRUARY 1, 2022
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in December after an increase of 0.7% in November 2021. Spending stood at a seasonally adjusted annual rate of $810.3 billion. Total private residential construction spending was 15.0% higher than a year ago. These monthly gains are attributed to the strong growth of spending.
Housing Wire
FEBRUARY 2, 2022
Mortgage applications increased 12% from the previous week due to a surprising uptick in demand for “refis” as borrowers try to secure a lower rate , according to the Mortgage Bankers Association (MBA) survey for the week ending Jan. 28. The seasonally adjusted Refinance Index rose 18.4% in the same period. Meanwhile, the Purchase Index increased 4%.
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.
Brownstoner
JANUARY 31, 2022
Despite the pandemic -- and, actually, because of it -- real estate prices in Brooklyn continued their upward climb in 2021, fourth quarter market reports show. Analysts predict a strong sales market in 2022, barring any unexpected calamity such as a global financial crash. Brooklyn prices have been rising dramatically since… Read More > The post Brooklyn ‘Starter’ Homes Scarce as Real Estate Prices Hit New High in Borough 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.
GeekEstate
FEBRUARY 3, 2022
[Editor’s Note: Geek Estate Offers are special offers members of the GEM ]. CREtech is THE place for news and events for the commercial real estate industry. In a few weeks (March 22nd-23rd), they are putting on the west coast version of their conference… in sunny San Diego. All of the major tech trends in office, industrial, retail and multifamily including CoWorking, Data, A.I., ConTech, tenant experience and more will be discussed by those leading the tech revolution in CRE.
Housing Wire
FEBRUARY 1, 2022
Home prices across the nation climbed 18.5% year-over-year in December, according to a monthly report published by CoreLogic. On a month-over-month basis, home price gains rose by 1.3% in December 2021 compared to November. Consumer desire for homeownership paired with a low supply of for-sale homes were the main contributors to a red-hot housing market in 2021.
Eye on Housing
FEBRUARY 2, 2022
An earlier post revealed that 67% of buyers who were actively engaged in the process of finding a home in the final quarter of 2021 have spent 3+ months searching for a home without success. The inability to find a home they could afford once again became the most common reason (41%) these long-time searchers could not buy a home. .
HomeLight
FEBRUARY 2, 2022
Structural issues can wreak havoc on your home. They can cause cracked walls, sloping floors, sagging roofs , and leave your residence vulnerable to pests and water damage. Though the risk of finding structural problems increases in aging homes, in new and old homes alike sloppy construction can be another culprit. While serious structural defects are rare , when red flags pop up, general home inspectors often refer buyers and sellers to professionals, like structural engineers, who can conduct
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.
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