Sat.Dec 11, 2021 - Fri.Dec 17, 2021

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What Everyone Wants To Know: Will Home Prices Decline in 2022?

Keeping Current Matters

If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, home prices are not projected to decline. Here’s why. With buyers still outweighing sellers, home prices are forecast to continue climbing in 2022, just at a slower or more moderate pace.

Marketing 309
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October Single-Family Permit Gains

Eye on Housing

Over the first ten months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 948,321. On a year-over-year (YoY) basis, this is a 17.3% increase over the October 2020 level of 808,301. Year-to-date ending in October, single-family permits increased in all four regions. Southern region reported the strongest increase of 19.1%, followed by Northeast (+18.5%), West.

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Every successful real estate pro has these 10 skills

The American Genius for Real Estate

(EDITORIAL) Not every real estate agent is amongst the pros just yet. Here are the 10 skills the most successful among us share. The post Every successful real estate pro has these 10 skills appeared first on The American Genius Real Estate.

Agents 122
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FHFA proposes capital planning rule for GSEs

Housing Wire

The Federal Housing Finance Agency (FHFA) on Thursday issued a proposed rule that would require Fannie Mae and Freddie Mac to develop, maintain, and submit annual capital plans to the regulator. “The proposed rule will help ensure that the Enterprises have robust systems and processes in place to monitor and maintain proper levels of capital, ” said Acting Director Sandra Thompson, who was nominated to be the permanent agency director on Wednesday.

Investor 543
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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2022 Housing Market Forecast [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home sales. Connect with a local real estate professional so you can make your best move in the new year.

Marketing 313
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Totally Transformed in Tampa: 2021’s Most Popular Home Went From Busted to Brand-New

Realtor.com

Realtor.com A listing agent faced with a shell of a shack let everyone in on the joke. She crafted a brutally honest description of the home , admitting all of its faults. Lowlights included the crooked chimney with no fireplace, a faulty foundation, and “ominous energy.” It worked! The Tampa, FL, residence marketed as the “worst house on the block” became the most popular home on Realtor.com® in 2021.

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Mortgage rates increase to 3.12% as Fed charts new course

Housing Wire

The average 30-year-fixed rate mortgage increased to 3.12% during the week ending Dec. 16, up from 3.10% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.67%. The 15-year-fixed-rate mortgage averaged 2.34% last week, declining from 2.38% the week prior. A year ago, at this time, it averaged 2.21%.

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If You Think the Housing Market Will Slow This Winter, Think Again.

Keeping Current Matters

From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs , Americans have more motivation than ever to buy a home. According to the experts, buyers are making moves right now, creating an unseasonably strong housing market for this time of year. As we wrap up the fall season and move into the winter months, here’s a look at what several industry leaders have to say about the continued momentum in the current market, and what it means as we head into the ea

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By the Numbers: The Biggest Winners and Losers in Real Estate in 2021

Realtor.com

Realtor.com / Getty Images From the highest of high prices to the lowest of low numbers of homes for sale, there’s no denying that the COVID-19 pandemic upended the nation’s real estate market. And while 2020 was the year that seemed to never end, 2021 appears to have gone by faster than you can say, “Sorry, I didn’t realize I was muted” on that Zoom call.

Investor 145
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Canada Has The Biggest Gap Between Real Estate Prices and Incomes In The G7

Better Dwelling

Canadian real estate is unaffordable, but you don’t appreciate how bad the reality is until you look at its G7 peers. The latest house price-to-income ratio data from the OECD shows all G7 countries are seeing affordability decline. However, Canada has consistently seen home prices outgrow incomes. Since 2005, no other G7 country has seen […].

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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November housing starts post double-digit gains

Housing Wire

After dipping by 0.7% in October , housing starts were back up in November. They rose 11.8% month-over-month to a seasonally adjusted rate of 1.68 million units, according to a report released Thursday by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Construction of single-family homes increased 11.3% to 1.17 million units, while the construction of multifamily units increased 12.9% to 506,000 units. “Breaking an eight-year trend, in recent months there h

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Advice for First-Generation Homebuyers

Keeping Current Matters

The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ Barkley, Head of Neighborhood and Community Lending for Bank of America , says : “Achieving this goal can create a sense of pride and accomplishment that resonates both for the buyer and those closest to them, including their parents a

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9 Things Home Sellers Do During the Holidays That Scare Off Buyers

Realtor.com

Getty Images Once upon a time, the month of December was a snow-swept dead zone for selling your home. The thinking was, “Why even bother showing it? No one is home shopping now.”. Fast-forward to today’s full-boil real-estate market, however, and this traditional home-selling timeline has changed. Even amid the holiday hubbub, people are house hunting in earnest.

Agents 145
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National Bank of Canada Calls 2022 “The Year of The Hike,” Sees Rates 6x Higher

Better Dwelling

One of Canada’s “Big Six” banks is declaring next year to be “The Year of The Hike.” National Bank of Canada (NBC) chief strategist (and poet-in-residence) Warren Lovely is calling the first interest rate hike in just a few months. He sees the Bank of Canada (BoC) making its hike in March, way ahead of […]. The post National Bank of Canada Calls 2022 “The Year of The Hike,” Sees Rates 6x Higher appeared first on Better Dwelling.

Banks 142
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Housing starts and permits ruin Christmas for housing bears

Housing Wire

Today, the U.S. Census Bureau reported that housing starts came in as a beat at 1,679,000 for November. The more critical number of housing permits came in 1,712,000, a solid uptick from last month, and we saw slightly positive revisions to previous numbers. Housing starts data has been choppy lately, as we are all aware of the delays in building homes in America.

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Homebuyers Are Going on a Shopping Spree This Winter

Keeping Current Matters

Black Friday and Cyber Monday are over, which means some shoppers have wrapped up their holiday buying. But there’s still a group of buyers that are very active this holiday season – homebuyers. Experts anticipate the real estate market will see a flurry of activity this winter, and that’s great news for today’s sellers. If you’re planning on listing your home, there’s no need to wait until the spring for better conditions – today’s real estate market is already heating up.

Sales 275
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14 of the Best Christmas Real Estate Memes

Lighter Side of Real Estate

‘Tis the season to be jolly! And, what better way to be jolly than to joke around a little bit! Here are 14 of our favorite Christmas real estate memes we’ve created over the years to help you stay top of mind while entertaining your friends, family, and past clients. 1) Remembering to hide the elf is no joke! People may bite on the offer even if it’s for a couple of days until Christmas!

MLS 140
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Housing Starts Show Strength in November

Eye on Housing

Single-family housing showed strength in November despite supply-chain limitations for materials and ongoing access issues for labor and lots. Overall housing starts increased 11.8% to a seasonally adjusted annual rate of 1.68 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The November reading of 1.68 million starts is.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

The last two years have been a wild ride. We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. Let’s not forget the substantial fiscal and monetary policy that provided extraordinary levels of support for households, businesses, and markets here and abroad.

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Should Canada Crash Toronto Real Estate To Stop Moral Hazard From Spreading? Maybe

Better Dwelling

Canada’s dependence on real estate has homebuyers thinking they’re too-big-to-fail. It’s too dependent on housing to allow prices to crash, so people see it as risk free. Each time a disaster is avoided, the government reinforces the belief buyers can’t lose money. Not a lot of options, they can either support higher and higher home […].

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14 of the Best Christmas Real Estate Memes

Lighter Side of Real Estate

‘Tis the season to be jolly! And, what better way to be jolly than to joke around a little bit! Here are 14 of our favorite Christmas real estate memes we’ve created over the years to help you stay top of mind while entertaining your friends, family, and past clients. 1) Remembering to hide the elf is no joke! People may bite on the offer even if it’s for a couple of days until Christmas!

MLS 140
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What Makes Your Property Value Increase? 12 Key Factors To Watch

HomeLight

If you own a home or are considering buying or selling a home, you may be wondering what makes property value increase. Bloomberg claims that the recent increase in property values across the U.S. can be attributed to supply and demand. And rightly so, but many more factors cause market values to climb and ultimately determine how much profit can be made on a sale.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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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FHFA takes a swing at racial bias in appraisal

Housing Wire

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. In a blog post, Fannie Mae and Freddie Mac ’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA said indicate the “continued presence of valuation bias.”.

Finance 459
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6 Savvy Tips for Elevating Small Gatherings

Sotheby's International Real Estate

Beverly Hills, California | Joseph Cilic, Sotheby’s International Realty – Pacific Palisades Brokerage. Hosting the perfect gathering is an art form, and success often comes down to selecting the right food and beverages to serve, creating an unforgettable setting, and of course, curating the guestlist. While large-scale parties are certainly appealing for their grandeur and pomp, there’s an undeniable magic that only a small gathering can garner.

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Nail Your Listing Presentations by Making Them More “Meme”orable

Lighter Side of Real Estate

Landing yourself a listing appointment is hard enough, but then you still have to nail your presentation in order to walk out of it with a signed listing agreement in hand. It’s not an opportunity you want to squander. Unless you’re a seasoned veteran or have a super polished presentation, it’s super common to worry about how it’ll go…. Will I forget to go over something important?

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5 Chic Living Room Looks From Instagram To Keep Your Spirits Bright Beyond the Holidays

Realtor.com

Photos via Instagram by hammertownbarn/ karlspringerltd / lesliebnew Your living room might just be your favorite space in the house right now. Maybe it’s filled with a giant tree heavy with ornaments and buoyed by the presents underneath. Or maybe your living room vibe is more Joanna Gaines , with a minimal holiday palette of whites and muted reds.

Design 131
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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New SPAC raises $230M to target real estate or mortgage fintech

Housing Wire

Special purpose acquisition companies’ appetite for real estate and mortgage businesses apparently isn’t dead yet , despite recent problems involving Better.com that pushed a merger with Aurora Acquisitions Corp. to next year, if at all. Blank check company Southport Acquisition Corporation concluded on Tuesday a $230 million capital raising to pursue acquisitions mainly in mortgage and real estate verticals in the United States. .

Mortgages 468
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Inside a Harmonious Estate in Houston

Sotheby's International Real Estate

The classical mathematical ratio known as Golden Mean has been observed and studied since the days of ancient Greek mathematicians, and throughout history it has been applied to create harmonious, aesthetically pleasing, organically inspired art and buildings that are thoroughly and precisely in proportion. The influence of the Golden Ratio is undeniable in the architecture and design of this 9,922-square-foot Mediterranean-inspired home, tucked amid stately trees in Houston’s Tanglewood, one of

Design 130
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Nail Your Listing Presentations by Making Them More “Meme”orable

Lighter Side of Real Estate

Landing yourself a listing appointment is hard enough, but then you still have to nail your presentation in order to walk out of it with a signed listing agreement in hand. It’s not an opportunity you want to squander. Unless you’re a seasoned veteran or have a super polished presentation, it’s super common to worry about how it’ll go…. Will I forget to go over something important?

Land 138
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Tarek El Moussa and Christina Haack Take a Risk You Must See To Believe

Realtor.com

HGTV On “Flip or Flop,” Tarek El Moussa and Christina Haack often take design risks with their renovations, but on the latest episode, they really roll the dice. In the Season 12 episode “Groovy Flip,” El Moussa and Haack have bought a three-bedroom, two-bathroom fixer-upper in Fullerton, CA, for $460,000. The house has some midcentury charm, but the interior and exterior need a lot of work.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.