Housing Wire

DECEMBER 31, 2020

Jeff Tucker Zillow Senior Economist. This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. In this installment, HousingWire interviewed Jeff Tucker, senior economist at Zillow , on his forecast for next year.

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Keeping Current Matters

DECEMBER 30, 2020

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner (FSBO) , it’s critical to consider the following items. 1.

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Maximum Exposure Real Estate

JANUARY 1, 2021

What is a Reverse Mortgage Do you know what a reverse mortgage is and how it works? How about the pros and cons of a reverse mortgage? If you have no idea, you’re not alone. Tons of people have no idea how a reverse mortgage works. Reverse mortgages are a financial product that has been […]. The post Reverse Mortgage: The Pros and Cons of Reverse Mortgages appeared first on Massachusetts Real Estate Exposure.

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Realtor.com

DECEMBER 31, 2020

Drazen Zigic / Getty Images 2020 was a tough year, but there was a silver lining: With so much time spent inside, people had a chance to really focus on their homes and make them as functional, comfortable, and beautiful as can be. So it’s a good thing we have so many great real estate reality shows on HGTV, Netflix, Bravo, and beyond to keep us not only entertained, but also inspired with tips to take our living spaces to the next level.

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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

Housing Wire

DECEMBER 28, 2020

Although I had pockets of joy in 2020, these moments were subsumed in a haze of stress, uncertainty and fear for our country. And, at times, I have found it difficult to keep these emotions from clouding my economic thinking. But despite all the sorrow and frustrations of this year, I have found solace in the immortal world of math, facts and data. From this stronghold I have been able to see past the chaos and view the economy and the future of the housing market through the lens of my core eco

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Keeping Current Matters

DECEMBER 28, 2020

Even in today’s sellers’ market , setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year.

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Lighter Side of Real Estate

DECEMBER 31, 2020

There’s a lot of 2020 we all want to put behind us and forget. Being a real estate agent isn’t easy in a normal year, but being one during a pandemic? Well, that takes someone who can change and go with the flow in the blink of an eye. But one thing that didn’t change is the need to laugh. If anything, laughter is even more important in a year like 2020!

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Housing Wire

DECEMBER 30, 2020

While the United States may not have been prepared to combat a deadly virus, a quick and robust response from the Federal Reserve , along with changing consumer preferences, created a perfect storm that resulted in a record year for the housing and mortgage industries. Mortgage rates would fall to record lows 16 times throughout 2020, with origination volume expected to eclipse $4 trillion.

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Keeping Current Matters

DECEMBER 31, 2020

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist , National Association of Realtors (NAR). “In 2021, I think rates will be similar or modestly higher, maybe 3%…So, mortgage rates will continue to be historically favorable.”.

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Realtor.com

DECEMBER 29, 2020

AndreyPopov/Getty Images When my husband and I were house hunting, properties that had plastic taped over the windows or draft catchers below the exterior doors gave us pause: Did that mean the house wasn’t energy-efficient or warm enough in colder months? Newly retouched areas on the ceiling made us wonder if the sellers were covering up water damage from a leaky roof that had been patched but not replaced.

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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.

Brokerage

Waterfront Properties

DECEMBER 29, 2020

Also known as an “ocean potato” or “sea cow”, the beloved Florida manatee is a gentle giant you’ll see calmly cruising throughout Jupiter Intracoastal waters. Manatees have a very friendly disposition, and while it may be tempting to feed or give them fresh water from your dock, it is illegal as they are a protected species. Manatees are protected by the Marine Mammal Protection Act of 1972, the Endangered Species Act of 1973, and the Florida Manatee Sanctuary Act of 1978.

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Housing Wire

DECEMBER 29, 2020

The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. census divisions, reported an 8.4% increase in October from a year ago, and a 7% increase from September. The National Index is now up 24.5% from its former high in July 2006. Home prices have continued to increase this year as a result of low inventory and high demand for homes.

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Keeping Current Matters

DECEMBER 29, 2020

This year challenged us to reprioritize everything – from the way we use our time to where we work, how we socialize and gather together, and our needs at home. For many, this also meant making decisions about how to best support and engage with our extended families, near and far. In some cases, we weren’t able to see our relatives and loved ones who were living in senior facilities.

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Homes.com

JANUARY 1, 2021

The holiday cooking and baking might be over, but your oven door is still a hot mess! Here’s how to clean the inside of your glass oven door so it’s as shiny as the new year. The post Quick DIY: How to Clean the Inside of Your Oven Door appeared first on Homes.com.

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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

DECEMBER 31, 2020

Canada’s markets have been flooded with cheap money, causing a buying frenzy across the country. Canadian Real Estate Association (CREA) data shows record real estate sales in November. Unlike previous boom-time periods, the rise in home sales wasn’t confined to a few hot markets. All but two major cities across the country are seeing double […].

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Housing Wire

DECEMBER 30, 2020

U.S. pending home sales slid for the third consecutive month in November, dropping 2.6% year-over-year, according to a report from the National Association of Realtors. Year-over-year, contract signings increased by 16.4%. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. “It is important to keep in mind that the current sales and prices are far stronger than a year ago.” Home pr

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Keeping Current Matters

JANUARY 1, 2021

The post Here’s to a Wonderful 2021! appeared first on Keeping Current Matters.

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Realty Biz

DECEMBER 30, 2020

For potential buyers, house hunting can be thrilling. However, exploring vibrant, new neighborhoods and touring potential dream-homes comes with a catch—hidden, potentially catastrophic, deterrents. Although perfect layout and lighting are critical components to consider, clients often dedicate a large portion of their house-tour to addressing—in detail— potential concerns.

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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

Realtor.com

DECEMBER 28, 2020

Oleksandr Yaroshynskyi Maryland’s most expensive home is a historic riverfront compound on the market for $40 million. For wealthy buyers in search of the ultimate getaway, this sumptuous spread near Chesapeake Bay has its own private nine-hole golf course. Known as Fairview Estate , the compound in Easton, MD, includes two main homes, several smaller guesthouses, and a number of other outbuildings.

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Housing Wire

DECEMBER 28, 2020

Frank Nothaft Executive and Chief Economist at CoreLogic. This is the third installment of our economist Q&A series of the top housing market forecasts for 2021 that focus on everything from home sales to mortgage rates. To help provide as much guidance as possible on what to expect in 2021, HousingWire interviewed a top economist every Tuesday in December in the HW+ Slack channel.

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Mortgages Marketing Sales As-is 504

Lighter Side of Real Estate

DECEMBER 30, 2020

Looking to start the new year in a home that feels fresh and modern? Before you embrace 2021’s decor trends, you may have to remove some items that make your rooms look a little outdated. Wondering where to begin? Take a look at the styles that are decidedly “out” for 2021 and the ones that are ready to replace them. 1- Barn doors are gettin’ put out to pasture.

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Design 131

RIS Media

DECEMBER 27, 2020

The pandemic has brought on a surge of migrations—and not just from the couch to the fridge. In fact, according to recent surveys from the Pew Research Center , a whopping 22 percent of Americans said they’d either moved or know someone who did during the pandemic. Naturally, this has caused some major shifts in U.S. housing markets, both in demand and in pricing.

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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

Realtor.com

DECEMBER 29, 2020

Mikolette/Getty Images When I was buying my first house , everything seemed too good to be true—at least at the start of the process. I found a home within a couple of weeks, the price was fabulously low, it was in a cute lake community with a style I loved, and funding came through quickly and easily. I even received a first-time home buyer’s bonus for tax time.

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Housing Wire

DECEMBER 28, 2020

The shift to AI-powered technology is rapidly taking over the mortgage industry with leaders turning to machine learning to increase efficiency amid COVID-19. With the move toward a remote workforce and the real estate market booming, this technology is an important way to create a competitive advantage. Artificial intelligence can elevate your customer experience, reduce reliance on labor-centric solutions and streamline decision making.

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Industrial Mortgages Lending Technology 512

HomeLight

DECEMBER 31, 2020

You can’t tune into a single HGTV show without hearing house hunters ogle over beautiful granite countertops in the kitchen or bath. For decades, the natural stone material has been the poster child for home luxury. In fact, according to the Builder Practices Survey (BPS) in 2016, 64% of new homes were built with granite countertops. Source: ( NAHB ).

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Brownstoner

DECEMBER 29, 2020

Is someone trying to pocket a deposit or steal from the oldest Black women's fraternal organization in the country? Someone claiming to be the owner of the Brooklyn headquarters of the United Order of Tents has posted a listing on Zillow, saying the landmarked 1863 mansion at 87 MacDonough Street… Read More > The post Bed Stuy’s Landmarked Order of Tents Mansion Asks $9.75 Million in Suspicious Listing appeared first on Brownstoner.

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Marketing 124

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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.

Agents

Realtor.com

JANUARY 1, 2021

Mariela Gutierrez/Houzz If you’re anything like us, you’re feeling more than ready to finally be done with 2020 and dive into 2021. And one of the best ways to ring in the new year with (besides Champagne) is a fresh look and new decor. That’s why we’re back this week with five of the hottest looks on Instagram that will transform your space, this time with an eye on the bathroom.

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Housing Wire

DECEMBER 28, 2020

The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. The Request for Input (RFI) – open to comment until Feb. 26, 2021 – highlights specifically the benefits and pitfalls of hybrid appraisals, updating the Uniform Appraisal Dataset (UAD) and an increased use of appraisal waivers.

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Afford Anything

JANUARY 1, 2021

Are you ready to say goodbye to bad habits from 2020 and say hello to habits that will actually guide you toward the person you want to become? If so, a simple framework for building better habits is only a few minutes away. After listening to this episode, you’ll have a step-by-step approach for creating habits that will serve you for years to come.

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Development 120

Eye on Housing

JANUARY 1, 2021

With the end of 2020 approaching and a vaccine now being deployed, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the past, dramatic year — a year that saw housing emerge as a bright spot for an economy under stress. In December, the NAHB Economics team provided data from our Home Building Geography Index.

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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