Housing Wire
JANUARY 5, 2022
The Federal Housing Finance Agency introduced new upfront fees on Wednesday for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered by loan-to-value ratio. For second home loans, the upfront fees will increase between 1.125% and 3.875%, also tiered by loan-to-value ratio.
Keeping Current Matters
JANUARY 5, 2022
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Eye on Housing
JANUARY 5, 2022
Consumer confidence continued to improve in December as inflation concerns eased after hitting a 13-year high last month. Spending intentions for homes, cars, and major appliances all increased. However, consumer spending will continue to face headwinds from higher prices, Omicron surge and reduced fiscal stimulus in 2022. The Consumer Confidence Index, reported by the Conference Board, rose 3.9 points from.
Lighter Side of Real Estate
JANUARY 4, 2022
Prices for everything have been going up—from food, to gas, to services, and people are getting less for the dollar. Rents are no exception. After an unprecedented period of time where renters could more or less just cite COVID as a reason to not pay rent, the moratoriums on evictions are gone and rents are roaring higher—particularly with single-family rental houses.
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
JANUARY 3, 2022
Homeownership continues to swerve into unaffordable territory, with median-priced single-family homes becoming less affordable in three-quarters of the nation’s market, a report published by ATTOM Data Solutions last week said. Per the report , between October to December 2021, median home prices in 440 of the 575 counties analyzed by the data vendor saw notable home-price growth.
Keeping Current Matters
JANUARY 6, 2022
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
JANUARY 6, 2022
Realtor.com / Getty Images Today’s highly competitive housing market looks quite different from how it did before COVID-19 struck. Over the past two years, as the pandemic raged, the number of homes for sale plunged by over 57%, leading prices to skyrocket 25% from December 2019 to December 2021, according to a recent Realtor.com® report. Last month, the number of home listings dropped 26.8% compared with the same time a year earlier.
Housing Wire
JANUARY 6, 2022
A federal law mandates that Fannie Mae and Freddie Mac help households on moderate, low, or very low income. The government-sponsored enterprises must do this by setting a plan every three years, dubbed Duty to Serve, that provides lending liquidity and preservation goals for manufactured, rural, and affordable housing. But according to the Federal Housing Finance Agency , which has oversight power over Fannie and Freddie, the GSE’s must go back to the drawing board when it comes to their
Keeping Current Matters
JANUARY 7, 2022
Some Highlights. If you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals. It’s important to start working on your credit and saving for a down payment early. When you’re ready to begin your search, work with a real estate professional and get pre-approved so you know how much you can borrow. Connect with a real estate advisor so you have the guidance you need to achieve your homebuying goals this year.
Sotheby's International Real Estate
JANUARY 4, 2022
Familiarly known as the Queen’s Necklace, the sparkling jewel-like lights that ring the Santa Monica Bay make up much of the sweeping vistas enjoyed from this dazzling contemporary home perched above highly desirable Amarillo Beach. Malibu, California | Shen Schulz, Sotheby’s International Realty – Malibu Brokerage. Newly custom-built, the 5,085-square-foot modern masterwork boasts a breezy, effortless flow throughout.
Advertisement
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.
HomeLight
JANUARY 4, 2022
No one wants to get ready for the day in a dingy, dated bathroom or shower in a tiny stall with mildew. So when it comes to popular rooms to remodel, bathrooms are often at the top of the list , behind only the kitchen. According to online sources, the average cost of a bathroom remodel can range from. $6,600 – $16,400 depending on square footage, labor, plumbing, and electrical needs, and the types of fixtures and amenities.
Housing Wire
JANUARY 6, 2022
This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, 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 next year, along with a roundtable discussion on how these insights apply to your business.
Keeping Current Matters
JANUARY 3, 2022
As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase.
Eye on Housing
JANUARY 4, 2022
The construction labor market remains tight, as the levels of quits rise. The count of open construction jobs declined to 345,000 unfilled positions in November, after recording the highest measure in the history of the data series (going back to late 2000), 445,000 in October. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials.
Advertisement
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.
HomeLight
JANUARY 4, 2022
Your scheduled home appraisal is nearing, and no matter the circumstances, it’s always an intimidating event. Whether you plan to buy, sell, or refinance your home, an appraiser’s opinion holds a lot of weight. What hurts a home appraisal and is there anything you can do about it? The lender will be looking for an appraised value to determine what they’re willing to lend on a property.
Housing Wire
JANUARY 6, 2022
The average 30-year fixed rate mortgage increased to 3.22% during the week ending Jan. 6, up from 3.11% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.65%. The 15-year fixed rate mortgage averaged 2.43% last week, up from 2.33% the week prior. A year ago at this time, it averaged 2.16%.
Keeping Current Matters
JANUARY 4, 2022
Are you one of the many renters thinking about where you’ll live the next time your lease is up?
Brownstoner
JANUARY 3, 2022
In 2019, the Weeksville Heritage Center was in danger of closing. Situated on land that was once part of one of the largest free black communities in the United States in the nineteenth century, the institution was in trouble due to rising operating costs and issues with fundraising. Through crowdfunding,… Read More > The post The Weeksville Heritage Center Looks to the Future With a Focus on Art and Community appeared first on Brownstoner.
Advertisement
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.
HomeLight
JANUARY 6, 2022
Selling a home involves putting it out there to attract potential buyers. Yet if your patchy lawn and peeling paint look shabby compared to the chic walkway lights and lush landscaping down the street, you might feel like hiding it. Take heart. If you’re wondering how to sell a house that needs work, we’ve got tips from real estate pros who have seen houses in various conditions to get you to the closing table with confidence.
Housing Wire
JANUARY 7, 2022
Today, the Bureau of Labor Statistics reported that 199,000 jobs were created in December — a miss from estimates. They also reported we had 141,000 in positive revisions to the previous jobs report. The unemployment rate is currently at 3.9% and we had another big print from the household survey which showed 651,000 jobs gained. For men and women age 20 and over, the unemployment rate is currently at 3.6%.
The Mortgage Report
JANUARY 7, 2022
When you apply for a mortgage online with an all-digital lender, it will likely be faster and easier. But that doesn't always mean rates will be lower.
Realtor.com
JANUARY 5, 2022
Photo courtesy of Marc Angeles An outsized megamansion in Los Angeles has finally landed on the market. But how much will a buyer be willing to pay for this behemoth? Known as “The One,” the Bel-Air estate is to be listed for $295 million. As part of the sales process, it will also head to an online auction in February. In a profound understatement, the listing agent, Aaron Kirman of Aaron Kirman Group at Compass says of the home, “It’s definitely one of a kind.” Kirman is representing the
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.
Eye on Housing
JANUARY 3, 2022
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 0.9% in November after a decrease of 0.2% in October 2021. It stood at a seasonally adjusted annual rate of $796.3 billion. Total private residential construction spending was 16.3% higher than a year ago. These monthly gains are attributed to the strong growth of spending.
Housing Wire
JANUARY 5, 2022
Some Federal Housing Administration -approved mortgage servicers have routinely flouted the agency’s loan modification program, according to Washington, D.C. Attorney General Karl Racine and 20 other state attorneys general. The attorneys general wrote in a Dec. 21 letter that a number of mortgage servicers employed by FHA-approved lenders failed to adequately implement loan modification options the FHA introduced in July.
Better Dwelling
JANUARY 5, 2022
Canadian bond yields are soaring, but the central bank isn’t expected to raise rates. At least not yet, according to an analysis from BMO Capital Markets. Government of Canada (GoC) bond yields showed a multi-year high for annual growth in 2021. This means rising market expectations of the overnight rate climbing in the near-term. Despite […].
Realtor.com
JANUARY 7, 2022
Photos via Instagram by piloproject / myplantlover / brabbu After the holiday rush, it’s easy to fall into a January slump. The days are short and cold, and you’ve packed away the merry rush of festivities until next December. But although the Yuletide buzz may be gone, the new year spark can infuse your home as this magical winter month offers its own tonic: rest.
Advertisement
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.
Eye on Housing
JANUARY 6, 2022
The failure of domestic sawmills to sufficiently boost output in the face of ongoing strong home buyer demand was a primary factor that contributed to record-high lumber prices and price volatility in 2021. Soaring lumber prices, combined with delays and higher costs for other building materials, continued to be a significant limiting factor for home building throughout 2021 despite a.
Housing Wire
JANUARY 5, 2022
The most wonderful time of the year, as the song would have us believe, comes to a close with Epiphany, the 12 th day of Christmas, Jan. 6. I do hope everyone had a joyous holiday season, spending some relaxing time with family and friends. The holiday season is winding down. So is the 24-month refinance market, the biggest of its kind in all of mortgage banking history.
Sotheby's International Real Estate
JANUARY 5, 2022
Graceland is a delightfully crafted villa nestled on the shore of Crawl Bay, Antigua and just a ten-minute drive from the historic English Harbour Town. ?. Antigua & Barbuda | Elijah Mcdonald, Antigua & Barbuda Sotheby’s International Realty. The main house boasts a ultra-modern kitchen with high end appliance brands such as German manufacturer Schulle, Miele and Siemens with Corian worktops and comprises the primary bedroom en-suite which opens directly to the pool lounge areas, a
Realtor.com
JANUARY 3, 2022
Realtor.com Something about this time of year makes most of us dream of cozying up by the fire in a woodsy cabin away from the madding world. And after the last 21 months (and counting) that we’ve had, that fantasy isn’t limited to wintertime. How do we know? Well, in 2021, throngs of you perused all the log cabins to hit the market. We counted up the clicks and found the 10 most popular retreats on Realtor.com®.
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.
Expert insights. Personalized for you.
525 
Let's personalize your content