Housing Wire
FEBRUARY 10, 2022
The average 30-year-fixed rate mortgage climbed to 3.69% for the week ending Feb. 3, up eight basis points from the previous week. It’s the highest level since the start of the pandemic, according to the latest Freddie Mac PMMS Mortgage Survey. Before the uptick, the rates remained flat at 3.55% for three weeks, reflecting the impact of the Omicron variant in the economy.
Keeping Current Matters
FEBRUARY 10, 2022
When you’re selling any item, you usually want to sell it for the greatest profit possible.
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Eye on Housing
FEBRUARY 10, 2022
Consumer prices continued to accelerate in January due to higher food, electricity and housing costs. This was the largest year-over-year gain since February 1982. This higher-than-expected inflation may push the Federal Reserve to become more aggressive and raise the federal funds rate at a faster pace. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose.
Maximum Exposure Real Estate
FEBRUARY 11, 2022
Donate to Charity Are you in the process of selling your home? Do you need a donation pick-up? Maybe you are trying to eliminate the clutter that will make your property far more salable? Could you be trying to downsize, or perhaps try to clear out some room for things that fit your current lifestyle […]. The post 11 Charities and Organizations That Do Donation Pickups For Free appeared first on Massachusetts Real Estate Exposure.
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
FEBRUARY 10, 2022
Freddie Mac reported a net income of $12.1 billion for 2021, a 65% increase from 2020. The government-sponsored enterprise saw a 20% growth in its single-family mortgage portfolio from 2020 to 2021, driven by soaring home prices and an increase in the average size of loans it acquired. Freddie Mac’s net worth is now $28 billion, more than three times what it was pre-pandemic.
Keeping Current Matters
FEBRUARY 11, 2022
Some Highlights. Even in today’s sellers’ market, there are still ways for buyers to win big. Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by getting a pre-approval letter and leaning on your expert advisors to draft a winning offer. In a sellers’ market, you can still be the champion if you have the right team and strategy.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Maximum Exposure Real Estate
FEBRUARY 7, 2022
What Credit Score Do I Need to Buy a Home? Are you interested in knowing the minimum credit score needed to buy a house? It is one of the most common mortgage questions among first-time home buyers. As you’ve probably guessed, your credit score is one of the essential factors in purchasing a house. Buying […]. The post Minimum Credit Score to Buy a House appeared first on Massachusetts Real Estate Exposure.
Housing Wire
FEBRUARY 11, 2022
Maryland has over a dozen Eastern European stores that sell products like caviar, pumpernickel bread and salo, a Ukrainian-style bacon. Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area.
Keeping Current Matters
FEBRUARY 7, 2022
In today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house.
Sotheby's International Real Estate
FEBRUARY 8, 2022
Long one of San Francisco’s most coveted neighborhoods, prestigious Pacific Heights is celebrated for its verdant parks, the famed Lyon Street Stairs, and popular boutiques and cafés—but it is perhaps most widely admired for its historic, architecturally significant estates with manicured lawns and sweeping picturesque vistas of the bay. San Francisco, California | Gregg Lynn, Sotheby’s International Realty – San Francisco Brokerage.
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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
FEBRUARY 7, 2022
Much like last year, the price and availability of building materials topped the list of problems builders face. According to special questions on the December 2021 survey for the NAHB/Wells Fargo Housing Market Index, building material prices were a significant issue for 96% of builders in 2021, and 91% of the builders expect it to continue being a problem in.
Housing Wire
FEBRUARY 9, 2022
While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” This is especially true on the financial services side when it comes to transferring money for real estate. There’s really no experience quite like buying a home.
Keeping Current Matters
FEBRUARY 8, 2022
If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans.
Coldwell Banker
FEBRUARY 9, 2022
Going green is a great way to minimize waste, help the environment, reduce your energy bills and just live healthier. The post Simple Ways to Save Energy and Money appeared first on Coldwell Banker Blue Matter.
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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.
Brownstoner
FEBRUARY 7, 2022
North Brooklynites are trucking along in their mission to make “Banker’s Anchor,” a triangle of land at North 15th and Bank streets, into a public plaza. At just over 5,000 square feet, the spot doesn’t seem like much, but it became a popular gathering place for the neighborhood, especially during the… Read More > The post Locals Push City to Create Permanent Public Plaza at Greenpoint Intersection Near McCarren Park appeared first on Brownstoner.
Housing Wire
FEBRUARY 10, 2022
Zillow CEO Rich Barton. When Zillow stunned the housing world last November by announcing a wind down of its iBuying program – and beginning the process of laying off a quarter of its workforce – the question became what’s next. Suspense built as Zillow has kept a low profile since. On Thursday, we got an answer – A super app. “We are focused on building the ‘housing super app’ – an integrated digital experience in which Zillow connects all the fragmented pieces of the moving process and brings
Keeping Current Matters
FEBRUARY 9, 2022
As we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans.
The American Genius for Real Estate
FEBRUARY 11, 2022
(REAL ESTATE TECHNOLOGY) Remote work is bringing with it some surveillance. With the new blend of work and home, employees privacy is paramount. The post Using remote work as an excuse to spy on employees is pathetic appeared first on The American Genius Real Estate.
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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.
Coldwell Banker
FEBRUARY 9, 2022
Jumpstart your fitness goals and work up a sweat in the comfort of your own home. The post Create The Perfect Home Gym appeared first on Coldwell Banker Blue Matter.
Housing Wire
FEBRUARY 11, 2022
Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. Economists had predicted rates would rise as the overall economy stabilized. The latest mortgage rate survey from Freddie Mac puts rates for the 30-year fixed-rate mortgage at 3.69%, while the average rate in the latest mortgage application survey from the Mortgage Bankers Association was 3.83%.
HomeLight
FEBRUARY 9, 2022
Real estate agents typically charge a commission amounting to 5%-6% of the property’s sale price, but they can also help you sell your house for more. This guide will serve as a great primer for first-time sellers (and a refresher for those repeating the process) on the cost of selling a house with a Realtor® — and the value you get by doing so.
Eye on Housing
FEBRUARY 8, 2022
Supply-chain bottlenecks that put upward pressure on home prices along with rising interest rates contributed to housing affordability falling to a 10-year low. The likelihood of higher interest rates in the months ahead (as the Federal Reserve moves to tighten interest rates) along with ongoing production challenges threaten to drive housing affordability even lower in 2022.
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.
Coldwell Banker
FEBRUARY 7, 2022
Sure, location is important, but the three Ls in real estate are landscaping, landscaping, and landscaping. The post 6 Landscaping Trends That Can Help Increase the Value of Your Home appeared first on Coldwell Banker Blue Matter.
Housing Wire
FEBRUARY 11, 2022
The VA loan is an important financing tool for VA-eligible borrowers to achieve their homeownership dream. In 2021 one in two VA borrowers was a first-time homebuyer (FTHB). . Last year, mortgage interest rates reached record lows. The average VA FTHB’s interest rate was 2.90% and the quarterly FTHB VA purchase loan volume stayed elevated. In Q3 2021, it reached a record level of over $19 billion for that quarter, $174 million higher than Q3 2020.
Easy Agent Pro
FEBRUARY 9, 2022
If you think that TikTok is just for teenagers think again. It’s true that younger users are the largest demographic using this video app. But, there are also significant numbers of Gen X, Gen Z, and Millennial users on TikTok also. And smart real estate agents on jumping on the TikTok marketing for real estate trend to reach new buyers. What Is TikTok?
Eye on Housing
FEBRUARY 9, 2022
The Mortgage Bankers Association’s (MBA) latest weekly application surveys show average loan sizes reaching consecutive record highs each week for the latest month, with a record high of $446,000 for the week ending February 4. Accompanying the increase was a similar dramatic rise in the 30-year fixed-rate mortgage rates, reaching 3.83 percent in the latest week.
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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.
HomeLight
FEBRUARY 10, 2022
Your home is likely one of your most valuable assets. According to a 2020 report from the Federal Reserve , the average US homeowners’ equity in their primary residence accounted for over 52% of their total net worth. If you are considering selling your home, you’ve probably wondered a lot about what your home is actually worth. You may have run across different types of free online valuation tools and have questioned how helpful they can be to accurately value your home.
Housing Wire
FEBRUARY 10, 2022
Dan Gilbert is the target of a new insider trading lawsuit. A Rocket Companies ’ investor filed a stockholder derivative complaint on Monday that accuses the company’s chairman of using non-public information to sell stocks and avoid material losses. In total, the lawsuit claims that Gilbert pocketed $500 million by selling company stock before reporting poor earnings and guidance.
Sotheby's International Real Estate
FEBRUARY 10, 2022
The prevalence and prestige of venture capital is growing globally, yet the opportunity in the U.S. is still unique. Investment reached a record high in 2020, with $166.6 billion across 12,173 deals nationwide—but that record was utterly shattered just one year later, with 17,054 deals worth $329.6 billion. According to analysts, these upward trends could continue for some time.
Lighter Side of Real Estate
FEBRUARY 8, 2022
The last thing you want to do is regret buying a house. It’s typically the largest purchase you make, and something you have to live with (and in ) for some time. But people regret buying houses so often, it has a fancy term that gets thrown around—“buyer’s remorse.” Whether it’s that they feel like they spent too much money, they bought in the wrong neighborhood, bought the wrong house, or worry that the house is too small, it’s common for people to regret buying the house they bought.
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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