Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. .

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Keeping Current Matters

MAY 6, 2021

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To determine if they should buy now or wait another year, they both need to ask two simple questions: Do I think home values will be higher a year from now?

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Maximum Exposure Real Estate

MAY 6, 2021

Rent to Own Homes—The Basics Have you heard about the potential to rent to own? Lots of people wonder how rent-to-own purchases work. You have probably seen advertisements for rent-to-own properties at one time or another. While these own options are not common, they appear from time to time and may appeal to you if […]. The post Rent to Own: What You Need to Know About Renting to Own appeared first on Massachusetts Real Estate Exposure.

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Imagine Your House

MAY 6, 2021

Selling a home in an expeditious manner will largely be dependent upon how well you prepare your home, before putting it on the market for sale. Lynn Pineda, Southeast Florida, eXp Realty Real Estate Agent. Simple ways to get your bathroom ready Second topic in Series 1 that’s all about getting your home ready to sell – All things Bathroom. Selling a home in an expeditious manner will largely be dependent upon how you prepare your home when selling.

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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

MAY 5, 2021

The Federal Housing Finance Agency didn’t have a set date for its new refi option targeted to low-income borrowers when it announced the program last week. But on Wednesday, both Fannie Mae and Freddie Mac announced release dates for their versions of the refi product. Fannie Mae’s RefiNow option will be available June 5, while Freddie Mac’s Refi Possible will be available two months later in August.

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Keeping Current Matters

MAY 5, 2021

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to say. Danielle Hale, Chief Economist , realtor.com : “ Our long-term view for mortgage rates in 2021 is higher.

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Realtor.com

MAY 3, 2021

Getty Images With home prices at a new record high and homes flying off the market in hours in some cases, it’s no wonder that Google searches for “when is the housing market going to crash” have spiked dramatically in recent weeks. After all, the mania seems reminiscent of the run-up to the housing bubble in the mid-2000s—and we’ve all been told that what goes up must eventually come down.

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Housing Wire

MAY 3, 2021

I propose adding a new pastime to our gold standards of baseball, barbecues, and Thanksgiving dinner. This new pastime I call Fed-Watch or When Will the Fed Raise Rates? Since the financial crisis of 2008, this pastime has gained popularity to the point where this guessing game has become an obsession and started to drive some folks a little batty. Insanity and Gold Bugs go together like a horse and carriage, peanut butter and jelly and salt and pepper, or so I’ve been told. .

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Mortgages 508

Keeping Current Matters

MAY 4, 2021

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings to come on the market.

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RIS Media

MAY 6, 2021

When having a website, there are a few elements that you should have in place to generate leads. Not only should your SEO be on point, but your site should be easy to use and have the right content. Neighborhoods. Most buyers and sellers won’t have a problem finding a website to search for their next home or to find their home’s value, but they will likely need help finding information about particular neighborhoods.

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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

Realtor.com

MAY 5, 2021

realtor.com It’s one thing to own a home on top of a mountain, but how about a home carved right into the side of a hill? That’s exactly what makes this 13,588-square-foot home in the exclusive Olympus Cove neighborhood of Salt Lake City, UT, so appealing. The mountainside mansion is now on the market for $6 million. Known as “Monte Olimpo,” it’s the only home that has been or ever will be allowed to be built on the 9,573-foot Mount Olympus, a popular day hike for locals.

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Housing Wire

MAY 7, 2021

April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March , roughly 40% of the population had achieved vaccination, and key sectors of the economy planned large-scale reopenings. Instead, the U.S. Labor Department reported that a mere 266,000 new jobs were created in April, far below projections.

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Keeping Current Matters

MAY 7, 2021

Some Highlights . Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war.

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Coldwell Banker

MAY 3, 2021

The Power to Transform Your Home: Real estate agents across the nation are leveraging RealVitalize to win listings and add value to their business. The post Three Ways to Upgrade Your Home to Sell appeared first on Coldwell Banker Blue Matter.

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Agents 131

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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

Eye on Housing

MAY 7, 2021

Of the 16% of American adults considering a future home purchase in the first quarter of 2021, 63% have moved beyond planning and are actively trying to find one to buy, up from the comparable 49% share a year earlier. This increase marks the fifth consecutive year-over-year gain in the share of prospective buyers who have become active buyers. Several.

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Housing Wire

MAY 6, 2021

Fewer than 5 million households failed to make their rent or mortgage payments in March 2021, an improvement from December 2020 and the lowest number since the onset of the COVID-19 pandemic, according to a first quarter 2021 report released by the Mortgage Bankers Association. The study, which surveyed over 8,000 households and was dubbed “Housing – Related Financial Distress During the Pandemic,” found that 7.7% of renters (2.56 million households) missed, delayed, or made a

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Keeping Current Matters

MAY 3, 2021

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher value. Recently, two national surveys revealed the reasons homeownership is such an important part of life.

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Realtor.com

MAY 6, 2021

Getty Images; The Container Store Closets come in all shapes, sizes, and styles. And while we all wish we could have a magical closet a la “The Lion, the Witch, and the Wardrobe” to fit all of our stuff in, in the real world we have to work with what we have. Whether big or small, disorganized or tidy, your own closet could probably stand to be refreshed with one (or more) or the latest design trends.

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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

Sotheby's International Real Estate

MAY 3, 2021

From a transformative contemporary home in New York City to homes in Utah, Switzerland, and California, these are this month’s four featured notable properties for sale over $20 million. New York, New York. New York, New York | Juliette R. Janssens & Allison B. Koffman, Sotheby’s International Realty – East Side Manhattan Brokerage. Linked by a series of doors, the public spaces—a formal dining room, an expansive living room, and an inviting library—make a marvelous enfilade of s

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Housing Wire

MAY 7, 2021

You’re all moved into your new home – now what? Unfortunately, there’s still work to be done until you can sit back and relax. And no, we’re not talking about scrolling through Pinterest for decor inspiration. As a new homeowner , there are a few important things you should do now that you’ve moved in to ensure your home is safe and secure.

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The Mortgage Report

MAY 6, 2021

Making a large downpayment is not the conservative investment you believe it is. The risks of putting 20% down on a home are real. Know what you should do.

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Mortgages 131

Better Dwelling

MAY 3, 2021

New home listings in Greater Toronto found a lot of deep-pocketed buyers in March. BILD GTA data shows new home sales had the second-biggest March in the past 20 years. People must really want a new home in Toronto, because prices jumped hundreds of thousands of dollars in just a year. Greater Toronto New Home […]. The post Greater Toronto New Home Prices Rise By Over $327,000 As Sales Surge Higher appeared first on Better Dwelling.

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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

Sotheby's International Real Estate

MAY 7, 2021

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Laguna Beach, California | John Cain, Pacific Sotheby’s International Realty . A beautiful beachfront property that was once the home of screen legend Bette Davis has gone on the market for $19.995 million. Inside Bette Davis’s former coastal home – a stunning French Normandy estate in Laguna Beach – Homes & Gardens.

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Housing Wire

MAY 6, 2021

For the third consecutive week, mortgage rates managed to remain under 3%, dropping three basis points last week to an average of 2.96%, according to Freddie Mac ‘s PMMS. Despite consistent forecasts of a market with rising rates, the 30-year fixed rate mirrored more closely numbers borrowers saw back in February. Sam Khater, Freddie Mac’s chief economist, pointed to a golden opportunity for homebuyers given the recent economic ressurgence.

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BubbleInfo

MAY 5, 2021

Hopefully this will come as a relief to home buyers here – hat tip just some guy: When a house in Berkeley sold for more than $1 million over its list price in late March 2021, it was covered in media outlets across the Bay Area, including this one. While the Berkeley sale was particularly sensational […].

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Sales 116

Better Dwelling

MAY 4, 2021

Greater Vancouver real estate prices are rising at an even faster past these days. Real Estate Board of Greater Vancouver (REBGV) data shows home prices hit a new record high in April. Home prices were already fast growing, but the annual rate went parabolic in February. This is shortly after a series of statements from […]. The post Vancouver Real Estate Prices Soar Over $30k After Canada Creates More Moral Hazard appeared first on Better Dwelling.

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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

Eye on Housing

MAY 5, 2021

The latest results from the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) present standards on bank lending practices as they occurred in the first quarter of 2021. The three major categories of lending covered by the survey are Commercial and Industrial (C&I) loans, Commercial Real Estate (CRE) loans, and Residential Real Estate (RRE) loans.

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Housing Wire

MAY 4, 2021

In April, the Consumer Financial Protection Bureau warned the industry of its plans to keep a much closer eye on servicers as they transition borrowers out of forbearance. On Tuesday, a report from the government watchdog may have just kicked up the incentive. According to the report, in March 2021, consumers submitted more mortgage complaints to the CFPB than in any month since April 2018.

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Realtor.com

MAY 6, 2021

Getty Images Does your pooch panic when you depart? Many pets experience anxiety when left home alone—particularly if they’ve gotten used to you being around 24/7 due to the coronavirus pandemic. Yet as COVID-19 vaccine availability spreads and more people resume their commute to an office, many pet owners might worry how Fido will cope if he can’t curl up near Mom or Dad pecking away at a laptop.

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RIS Media

MAY 2, 2021

Networking. A delight for some, a nightmare for others. Whatever your feelings are about networking, it is an essential part of being a real estate agent. However, just because it’s necessary, doesn’t mean that it can’t be fun and personally fulfilling as well. We asked real estate agents across the country for some tips about how to network more effectively and consistently.

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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