Housing Wire
SEPTEMBER 30, 2020
Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Now, believe it or not, fall home-buying season is in full swing.
Keeping Current Matters
SEPTEMBER 30, 2020
If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market. ShowingTime , a leading real estate showing software and market stat service provider, just reported that buyer traffic jumped 60.7% compared to this time last year.
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REM Online
OCTOBER 1, 2020
The following content may have been republished here without the author's permission. The original post can be found at the following URL: A disturbing trend: Buyers fail to deliver deposit cheques. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. There is an alarming trend that is quite rampant in the Toronto area.
Realty Biz
SEPTEMBER 29, 2020
Reasons To Buy A Home In The Fall. The fall season is usually full of major changes. Many young people return to school, football season begins in full swing and the overall climate makes a change with cooler temperatures and vibrant colors. Over the last few years, the fall season has also become a popular time to sell a home. While spring still remains the most popular season for selling a home, there are plenty of reasons to try and buy a property in the Autumn of the year.
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.
Housing Wire
SEPTEMBER 28, 2020
Urban District Realty , a Washington, D.C.-based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. “PROJETO specifically is for homes that have not been built yet, these are homes that are still in development and that is something that when we did all of our research and looked around, no one else is doi
Keeping Current Matters
SEPTEMBER 29, 2020
As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate ?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
OCTOBER 1, 2020
Toronto condo rentals are seeing the most inventory in recent memory. Toronto Regional Real Estate Board (TRREB) data prepared by Toronto Realtor Daniel Foch shows rental inventory is still much higher than usual in September. Meanwhile absorption is failing to keep up, potentially explaining the abrupt rise of condos for sale. Toronto Condos For Rent […].
Housing Wire
SEPTEMBER 29, 2020
The S&P CoreLogic Case-Shiller index of home prices in 20 U.S. cities gained 3.9% in July from a year ago, the biggest advance since 2018, as rock-bottom mortgage rates made it possible for people to bid higher for properties. The increase was bigger than the 3.5% advance in the prior month, and it was the largest annual gain since December 2018.
Keeping Current Matters
SEPTEMBER 28, 2020
Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First American , announced last week: “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic
Homes.com
OCTOBER 1, 2020
In the world of real estate, both buyers and sellers need to ensure they have access to a multiple listing service for many reasons. The connection? Using a real estate professional. Here are the benefits both buyers and sellers need to know when using an MLS. The post What Buyers and Sellers Need to Know About Multiple Listing Services appeared first on Homes.com.
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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.
Eye on Housing
SEPTEMBER 29, 2020
National home prices continued to increase at a modest pace in July. While Los Angeles posted the strongest annual growth rate among the 19 metro areas, New York experienced a home price decline. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 4.7% in July, Read More › The post Home Price Appreciation Continues in July first appeared on Eye On Housing.
Housing Wire
OCTOBER 1, 2020
The average U.S. mortgage rate for a 30-year fixed loan is 2.88% this week, falling from last week’s 2.9% , Freddie Mac said in a report on Thursday. The rate is now two basis points from an all-time low set three weeks ago. The average fixed rate for a 15-year mortgage was 2.36%, falling from last week’s 2.4% to a level that’s one basis point away from the record 2.35% set two weeks ago, the mortgage giant said.
Keeping Current Matters
OCTOBER 2, 2020
Some Highlights. According to CoreLogic , homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your current house and begin looking for your dream home, contact your local real estate professional to learn how your home equity can help make that possible.
Realtor.com
OCTOBER 2, 2020
Sarah Catherine Design Birmingham, AL/Houzz We’re not going to mince words: This year has been a dumpster fire that makes us feel foolish for all the other times we whined about what a lousy year it was. And if you’re anything like us, you’re probably glad to see the calendar edge us closer to the end of this hellish spin around the sun.
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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.
Homes.com
SEPTEMBER 29, 2020
Stephen and David St. Russell, self-taught renovation and fixer-upper experts, are sharing their advice for homebuyers who are looking to explore buying a home that needs some extra TLC. The post So You Want to Buy a Fixer-Upper: Here’s What You Need to Know appeared first on Homes.com.
Housing Wire
SEPTEMBER 30, 2020
Riddle me this: How can home sales grow when we have no homes to buy? When a monthly home sales print fails to meet expectations the excuse often used is that inventory is too low to meet the demand. But not so long ago, for more than a year we had negative year-over-year monthly data with inventory rising on a year-over-year basis. Now we have the opposite scenario.
Keeping Current Matters
OCTOBER 1, 2020
A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for these upgrades in the luxury market.
RIS Media
OCTOBER 1, 2020
The new Apple iOS 14 update has caused a flood of images featuring aesthetic home screens and articles with detailed design tutorials. While the update is clearly recognized for its visual appeal, it also makes many tasks simpler. This boost in efficiency can benefit any iPhone user, but can be especially helpful to those with packed schedules, like real estate agents.
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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.
The American Genius for Real Estate
OCTOBER 2, 2020
(MARKETING) Emails tend to stack up and make it hard to organize and to find anything useful, here are several apps and ways to make your life easier. The post 7 ways to maximize your email productivity and reduce clutter appeared first on The American Genius Real Estate.
Housing Wire
SEPTEMBER 29, 2020
Consumer confidence, a key measure in gauging whether people are willing to make big-ticket purchases like homes , surged the most in more than 17 years during September, surpassing the expectations of economists. The gauge rose to 101.8, the highest level since the start of the pandemic, from August’s upwardly revised 86.3, the Conference Board said on Tuesday.
Marco Santarelli
OCTOBER 2, 2020
This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. Metro Atlanta housing market has experienced a smooth recovery by far. The market has not only returned to pre-COVID-19 levels in the Housing Recovery Market Index of Realtor.com but it has also surpassed January's baseline by 7.8 points. A value of 100 means the Atlanta real estate market has recovered to January 2020 pace.
HomeLight
SEPTEMBER 30, 2020
In August 2020, a couple in Jacksonville, Florida, ordered an appraisal on their house so they could take advantage of low refinancing rates. As The New York Times reported, after their first appraisal came in suspiciously low , and the homeowners then made some minor decorating adjustments, a second appraisal valued their home a full 40% higher than the first.
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.
Brownstoner
OCTOBER 2, 2020
The craze for octagonal living was a relatively brief one, but in the mid 19th century eight-sided houses popped up in small towns across the country. This Oneida county example is a fetching one, with its deep porch, bracketed cornice and cupola. The architectural conversation starter on the market is located… Read More > The post Live in a 19th Century Architectural Fad — an Octagon House Is Yours for Under $290K appeared first on Brownstoner.
Housing Wire
OCTOBER 2, 2020
This week the Conference of State Bank Supervisors issued a final proposed prudential standards rule for comment to address their concerns with nonbank servicers. The proposed rule addressed capital, liquidity, governance, policy related to entity survivorship, and more. It’s a meaty proposal and one whose intent should be welcomed as it can help to further lessen the unusual focus that nonbank lenders and servicers have been getting in recent years.
Eye on Housing
OCTOBER 1, 2020
According to the data from the Census Bureau’s Survey of Construction (SOC), stucco was the most common principal siding material on new single-family homes started in 2019 (27 percent), followed by Vinyl siding (25 percent), fiber cement siding (such as Hardiplank or Hardiboard (21 percent), brick or brick veneer (20 percent). Far smaller shares of single-family homes started last year.
HomeLight
SEPTEMBER 30, 2020
Did you know that around 33% of homebuyers are reduced to tears by the process of buying a home? Doing your research and being prepared can go a long way toward reducing house-hunting anxiety. But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Well, it depends.
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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.
Jason Fox
OCTOBER 1, 2020
5 Inbound Marketing Tricks That Work Like a Charm for Real Estate Companies. How do you generate leads to your real estate business? Here’s a fact: Right now, clients are looking to buy or rent your property. 81% of people will search online for a product/service when making purchase decisions You don’t have to spend thousands of dollars on a TV commercial or Billboard advertising campaign to reach.
Housing Wire
SEPTEMBER 28, 2020
The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. No, this is not a new home sales housing bubble as we are far from total new home sales being where they were in 2005. However, for the first time in more than a decade we have the demand needed to prompt builders to really push housing starts as the monthly supply data has collapsed this year.
Eye on Housing
OCTOBER 1, 2020
NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $589.4 billion in August. It was up 3.7% over the upwardly revised July estimates. Total private residential construction spending was 6.7% higher than a year ago. The monthly gain is largely attributed to the steady growth of.
Realtor.com
SEPTEMBER 30, 2020
Weld County The nation was horrified and captivated in 2018 when Chris Watts murdered his picture-perfect family in Frederick, CO—then scrambled to cover his tracks. The case is about to achieve new notoriety thanks to a new Netflix documentary, “American Murder: The Family Next Door,” which will start streaming on Wednesday. But the home at the center of the macabre tragedy is languishing in its own kind of legal purgatory.
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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