Housing Wire

AUGUST 30, 2021

The Sunshine State seems to be getting a lot more foot traffic these days, with the number of homebuyers moving to Miami tripling year-over-year, a new analysis found. According to Redfin ’s monthly migration report, July saw the net inflow of Redfin users packing their bags and moving to Miami rise to 7,610, up from 2,216 last year. Milagros Alvarez, a Miami real estate agent at Redfin, said that the pandemic “has brought even more out-of-towners to the area” because so many people can no

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Finance As-is Agents Marketing 545

Keeping Current Matters

SEPTEMBER 2, 2021

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. Here’s the definition of normal from the Merriam-Webster Dictionary : “conforming to a type, standard, or regular pattern: characterized by that which is conside

Marketing 311

Marketing Days on market Residential Mortgages 311

Eye on Housing

AUGUST 31, 2021

In June, national home prices continued to rise at a fast and unsustainable rate. Strong demand and low housing inventory have been driving home prices at double-digit growths for eleven months. All 20 metro areas reported home price increases in June, while 12 of them had an acceleration in home price growth. The S&P CoreLogic Case-Shiller U.S.

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Construction 145

Better Dwelling

AUGUST 31, 2021

Canadian tax authorities confirmed they knew about illicit foreign capital inflating real estate. They first found out over two decades ago, but only confirmed it to the South China Morning Post (SCMP) this week. A whistleblowing, retired auditor first told SCMP journalist Ian Young about the report in 2016. He waited half a decade for […]. The post Canada Hid A Foreign Capital & Housing Study While Dismissing Intelligence Warnings appeared first on Better Dwelling.

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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

AUGUST 30, 2021

Remember that pretty girl from your history class in college — the one who would blow hot and cold, so you never really knew what she was thinking? The U.S. housing market can be like that girl: you can get many mixed messages (especially about a housing bubble) unless you are paying attention. But who has time for that? Hey, that’s all I do, so you’ve come to the right place.

Equity 540

Equity Lending Mortgages Marketing 540

Keeping Current Matters

SEPTEMBER 1, 2021

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com : “ The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index has increased by 11.4 percent since January.”. Those rising rental costs may make it seem impossible to prepare for homeownership if you’re a renter.

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Pre-approval Finance Lending As-is 309

Maximum Exposure Real Estate

AUGUST 30, 2021

Everything to Know About Paying Capital Gains Tax on a Second Home Sale Are you wondering how paying capital gains on a second home sale works? If you have a second home and you’ve decided it’s time to sell, you could have a tax bill waiting. While you may not have to pay real estate […]. The post Paying Capital Gains Taxes on a 2nd Home or Investment Property appeared first on Massachusetts Real Estate Exposure.

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Sales Marketing 139

Housing Wire

AUGUST 31, 2021

It’s the current, not the waves, that will propel longstanding changes in the American housing market, said Logan Mohtashami , HousingWire’s lead analyst. How much housing is built and sold; who pays for those units; and how Americans ground their lives in what and where they live: these forces are rooted in societal and family culture and largely impervious to surface turmoil.

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Marketing As-is Mortgages 493

Keeping Current Matters

AUGUST 30, 2021

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom , surveys Americans about their perspective on financial wellness and their goals. It shows there may be a significant misconception about the role owning a home plays in building wealth: “Home ownership is one of the indicators Americans say is least connected to financial health.”

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Equity Finance Mortgages As-is 305

Sotheby's International Real Estate

AUGUST 28, 2021

In idyllic locations from Carmel to Connecticut, these modern farmhouses begin with one of architecture’s most classic motifs and give charming rusticity a stylish modern spin. California’s Relaxed Luxury. Santa Ynez, California | Patty Murphy, Sotheby’s International Realty – Santa Ynez Valley Brokerage. On 17 acres in Woodstock Ranch, this five-bedroom home is filled with spaces that are effortlessly elegant and refreshingly casual.

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Brokerage 139

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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

Realty Biz

AUGUST 30, 2021

203k FHA Loans Explained. Are you considering buying a home that needs work? When buying a fixer-upper, one of your primary considerations should be how you will finance the project. One of the better options is what’s known as an FHA 203k loan. FHA 203K Mortgage is the term that designates funding dedicated to purchasing and refurbishing your primary residence home.

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FHA 203k rehab loan Loans Renovation Due diligence 139

Housing Wire

AUGUST 31, 2021

With little inventory, home-price growth in the U.S. hit a record high in June, rising 18.6% from the same period last year, according to the S&P CoreLogic Case-Shiller Index. June marked the highest annual rate of home price growth since the index debuted in 1987, beating out the 16.8% annual growth rate logged the month prior, in May 2021. “While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper

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Sales Finance Technology Marketing 468

Keeping Current Matters

SEPTEMBER 3, 2021

Some Highlights. Pricing your house right takes market experience and expertise. To find the best list price , your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition. If you’re ready to sell, don’t guess on the price. Reach out to your local real estate advisor today to price your house to attract multiple offers and maximize your return on investment.

Agents 297

Agents Marketing 297

Better Dwelling

AUGUST 31, 2021

Canada’s faster-than-expected economic recovery just came to an unexpected halt. Statistics Canada (Stat Can) data shows gross domestic product (GDP) declined in Q2 2021. The Bank of Canada (BoC) expected robust growth this quarter, so they were way off. Weak growth now places the country in a tricky situation, with high inflation and low GDP […].

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Banks 134

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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.

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Eye on Housing

SEPTEMBER 2, 2021

Of the roughly 990,000 single-family homes started in 2020, 65.3 percent came with porches, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development). This marks the third time the share of single-family homes with porches has broken above the 65 percent barrier.

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Construction Development 131

Housing Wire

SEPTEMBER 2, 2021

Instant homebuyer Offerpad quietly became a publicly traded business Thursday, after it merged with a blank check company led by former Zillow CEO Spencer Rascoff one day earlier. Offerpad’s transition escalates the rivalry between Rascoff and his former company Zillow. It also nudges Offerpad from intriguing upstart to another business vying to move iBuying from dazzling concept to profit making enterprise.

Technology 448

Technology Development Marketing 448

The Mortgage Report

AUGUST 28, 2021

Today’s mortgage and refinance rates Average mortgage rates nudged lower yesterday. But the week’s rises and falls have canceled each other out. And Friday evening’s average rate was precisely the […].

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Mortgages 131

HomeLight

AUGUST 31, 2021

Updated August 31, 2021. Imagine this: You find an amazing salon, pick out a picture of the perfect haircut, and schedule an appointment with a stylist sight unseen. It’s a professional salon, so what can go wrong? Cut to one hour later, when you’re staring back at yourself in the mirror wondering where the nearest wig store is and cursing yourself for not doing some research on your hairdresser’s capabilities.

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Agents Closing costs Inspection Closing 130

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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

Lighter Side of Real Estate

SEPTEMBER 2, 2021

Renting is often looked at as a more affordable alternative to homeownership, but in many areas of the US, that’s actually not the case. According to recent data from realtor.com , rents are rising fast and hitting new highs in metro areas across the country. In July, the median rental price in the US was $1607—a 9.8 percent increase from July 2020.

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Housing Wire

SEPTEMBER 2, 2021

“By failing to prepare, you are preparing to fail.” While John Wooden was not the first to utter these sentiments, it became one of his more well-known mantras and undoubtedly the soundtrack to more than one of his 10 national championships. For Wooden and his teams, the preparations were made during the off-season, in practice, in the weight room, etc. to excel during the games and season.

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Technology Closing Loan Officer Mortgages 459

Coldwell Banker

SEPTEMBER 1, 2021

Choose one or a combination of a few exciting trends to easily elevate and spice up your kitchen’s décor and appeal to potential buyers’ current tastes. The post Cook Up a Refresh in Your Kitchen appeared first on Coldwell Banker Blue Matter.

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HomeLight

AUGUST 31, 2021

Updated August 31, 2021. Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. Plus you’ll need to navigate the fine print of builder-friendly contracts, resist the temptation of fancy upgrades, maximize resale value, and trust that a bunch of boards and concrete will become a suitable place to live on budget and on time.

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Agents New Construction Purchase and sale agreement Construction 128

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

Homes.com

SEPTEMBER 1, 2021

City living is often romanticized — busy streets, walking around strangers, and living life with a “hustle” mentality. But when it comes to living in cityside apartments with exceptional views, there are several hidden downsides that can make the experience less than glamorous. With the pandemic, we’ve seen more people flee cities than ever before, and they’re moving to suburbs to enjoy remote work perks, quality time with loved ones and a slower speed of living. .

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Housing Wire

SEPTEMBER 2, 2021

In a change that is likely to make many in the reverse mortgage industry turn their heads, Reverse Mortgage Funding, LLC (RMF) announced on Wednesday that it is lowering its minimum eligible age for its Equity Elite proprietary reverse mortgage product suite to 55, making it the only product in the American reverse mortgage industry that can be offered to people under the age of 60 across 19 eligible states and the District of Columbia.

Mortgages 464

Mortgages Pre-qualification Equity Industrial 464

Coldwell Banker

SEPTEMBER 1, 2021

Renovations and upgrades are crucial if you want to maintain or increase the value of your home. The key to successful DIY projects is being realistic about your skills, tools, time, and budget. The post The Best and Worst Home Improvement Projects To DIY appeared first on Coldwell Banker Blue Matter.

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Renovation 125

HomeLight

AUGUST 31, 2021

Updated August 31, 2021. Owning a home is many a renter’s dream. It’s a goal that can take years of scrimping and saving to squirrel away a down payment — not to mention the careful spending and meticulous bill-paying required to keep your credit score high. In the meantime, you’re still paying rent, maybe even more each month than you’d pay for a mortgage payment.

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Purchase and sale agreement Due diligence Closing costs Mortgages 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

Afford Anything

SEPTEMBER 1, 2021

Have you ever spent years studying the wrong major, climbing the ladder at the wrong company, chasing the wrong career? Have you spent years living in the wrong city, the wrong neighborhood, the place that — deep down — you knew wasn’t really you? Have you spent years in the wrong relationship? And was there a silent part of you that knew it, even at the time … even though that person “checked all the boxes” and looked good on paper, and everyone else said you should stay?

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Housing Wire

AUGUST 30, 2021

Cadence Bancorporation , parent of Cadence Bank, reached separate settlements with the Department of Justice and the Treasury Department’s Office of the Comptroller of the Currency totaling over $8.5 million for redlining practices, according to the federal government. The DOJ alleged that between 2013 to 2017, the bank violated the Fair Housing Act and the Equal Credit Opportunity Act “by avoiding predominantly Black and Hispanic neighborhoods [in the Houston, metro area] because of the r

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Banks Lending Loan Officer Loans 418

Coldwell Banker

SEPTEMBER 1, 2021

Check out a few easy steps you can take to make your home stand out from the crowd, sell quickly and put more money in your pocket. The post 7 Tips for Today’s Hot Sellers’ Market appeared first on Coldwell Banker Blue Matter.

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Marketing 120

Eye on Housing

AUGUST 30, 2021

A majority of new homes that completed construction in 2020 included two-car garages (67%), according to NAHB analysis of 2020 Census Bureau Survey of Construction data. There is clear uniformity for parking options in new homes completed across the Census divisions: the 2-car garage was the most popular parking option for completed homes in all divisions.

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Construction 116

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