Housing Wire
SEPTEMBER 13, 2021
Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. 5. Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021.
Keeping Current Matters
SEPTEMBER 15, 2021
In today’s sellers’ market , standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. Below are five things to keep in mind when it’s time to make an offer. 1.
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Maximum Exposure Real Estate
SEPTEMBER 16, 2021
Selling Your Home to a Real Estate Investor Do you know the pros and cons of selling your home to one of the we buy houses flipping companies? You only have to drive around your town for a little while to come upon “We Buy Houses” or “We Buy Ugly Houses” type signs plastered all […]. The post Pros and Cons of We Buy Houses Flipping Companies appeared first on Massachusetts Real Estate Exposure.
Eye on Housing
SEPTEMBER 15, 2021
The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month. The 30-year fixed-rate mortgage rate hovered 3 basis points above 3 percent, consistently, for the last three weeks.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Housing Wire
SEPTEMBER 17, 2021
Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. The report analyzes MLS data from 51 U.S. metropolitan areas and includes all residential properties.
Keeping Current Matters
SEPTEMBER 16, 2021
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with the bidding wars over the homes that are available.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The Mortgage Report
SEPTEMBER 14, 2021
Here are 7 things you should never do before buying a house. Follow these best practices to give yourself the best shot at mortgage approval and a low rate.
Housing Wire
SEPTEMBER 16, 2021
As the summer comes to an end, several issues are top of mind for everyone: the impact of the Delta variant, the debate over when the Federal Reserve will taper its asset purchases, the situation in Afghanistan, and the federal debt limit and budget debate. When it comes to housing and mortgage markets this fall, most attention is being focused on the expiration of eviction and foreclosure moratoria and the pending completion of forbearance terms for many homeowners.
Keeping Current Matters
SEPTEMBER 13, 2021
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay.
Sotheby's International Real Estate
SEPTEMBER 16, 2021
There’s a keen satisfaction that comes from tending to one’s own garden or orchard, and with an increased interest in self-sustainability as of late, it’s no wonder homeowners are turning to their own garden plots for dining inspiration. From vegetable gardens to orchards and olive groves, there’s little else quite like harvesting a bounty from your own property. .
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.
Jason Fox
SEPTEMBER 16, 2021
Web Font Combinations That Look Great Together. "2 Great Tastes That Taste Great Together" ~ Reece's A good web font combination can be a subtle little trick for getting a website to pop. A good pairing of fonts can provide contrast for a website without having to using additional colors or designs. Meaning you can create a unique look and. Jason Fox Real Estate Marketing | Real Estate Websites.
Housing Wire
SEPTEMBER 16, 2021
The average 30-year-fixed mortgage continued to hover around the 2.86% mark for the week ending Sept. 16, according to Freddie Mac ‘s latest PMMS survey. Mortgage rates have been around that mark for roughly two months, leading economists at Freddie Mac to liken it to “Groundhog Day.” “The holding pattern in rates reflects the markets’ view that the prospects for the economy have dimmed somewhat due to the rebound in new COVID cases,” said Sam Khater, Freddie Mac’s chief econom
Keeping Current Matters
SEPTEMBER 17, 2021
Some Highlights. Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If this sounds like good news to you, connect with a trusted real estate adviser so you can capitalize on the unique opportunity you have in today’s market.
Sotheby's International Real Estate
SEPTEMBER 11, 2021
Just as a shower of herbs or flaky sea salt brings extra life to any dish, the colorful kitchen cabinets in these five homes really spice up their spaces. Old Santa Fe Trail Compound. Santa Fe, New Mexico | Paul McDonald, Sotheby’s International Realty – Santa Fe – Main Downtown Brokerage. One of Santa Fe’s most significant estates, this expansive property exemplifies the city’s distinctive style and ambience.
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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.
Eye on Housing
SEPTEMBER 14, 2021
In August, consumer prices increased at its slowest pace since February 2021. Prices for several travel-related categories declined in August, as the delta variant spreads. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in August on a seasonally adjusted basis, following an increase of 0.5% in July. Excluding the volatile food and.
Housing Wire
SEPTEMBER 15, 2021
Mortgage loan application volume rebounded from the week prior, increasing by 0.3% for the week ending Sept. 10, according to the Mortgage Bankers Association’s weekly report. The increase in application volume was predominantly driven by purchase mortgage activity , which grew by 8% from the week prior , the trade group said. . Not surprisingly, the refi index has continued to slip, dipping 3% from the previous week, the MBA noted.
Keeping Current Matters
SEPTEMBER 14, 2021
When it comes to the latest news in real estate , there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that buying or selling a home is a major life decision, and we offer advice based on what the data shows. Despite what you may have read, the housing market is still undeniably strong.
Better Dwelling
SEPTEMBER 14, 2021
Canadian housing supply plays a role in home price growth, but doesn’t explain all of it. The Bank of Canada (BoC) published a paper on Canadian Housing Supply Elasticities. In it the researchers explain supply plays a big role, but not to the extent we’ve seen. Over the short-term, it fails to explain the extreme […]. The post Supplies!
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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.
Lighter Side of Real Estate
SEPTEMBER 16, 2021
With low inventory, high competition, and high prices, the summer has been a tough time to buy a home. But, the good news for buyers is that it looks like that’s about to change, and early October is poised to be a much better time to find and buy a property. According to a recent article from realtor.com , the best week to buy a home in 2021 is right around the corner—the first full week of October, October 3rd through the 9th.
Housing Wire
SEPTEMBER 13, 2021
As we come to the end of 2021, we also approach the end of another year living with COVID-19. The year 2020 was one of the most chaotic times in recent history. Although 2021 seems normal in comparison, it is perhaps even stranger because as a country, we have learned to normalize the consumption of goods and services with an active virus infecting and killing Americans each day.
Maximum Exposure Real Estate
SEPTEMBER 13, 2021
The Methods of Storing Your Belongings When Moving Reviewed Are you wondering what the storage options are for an upcoming move? There is lots to do when it comes to moving, from changing your address to hiring movers to renting storage space. If you are planning a move that will require storing some of your […]. The post 3 Types of Storage Rentals to Consider When Moving appeared first on Massachusetts Real Estate Exposure.
Realty Biz
SEPTEMBER 14, 2021
What is Active Under Contract? In some places, active under contract indicates that a contract has been signed but is contingent on certain conditions being met before the sale is finalized. In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). You need to know some things when you are considering a property that is active under contract, and we will clarify them here.
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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.
Point2Homes
SEPTEMBER 14, 2021
Image: Francesco Scatena / Shutterstock.com. Buying a home is often more complicated than you expect. Even if you’re not a first-time homebuyer, it may involve more than you remember, especially if it’s been a while since you last purchased. One potential complication could be the requirement to have the land surveyed before closing on the property.
Housing Wire
SEPTEMBER 13, 2021
Alanna McCargo, senior advisor at the Department of Housing and Urban Development , has been picked by the Biden administration to head Ginnie Mae. The position of GNMA president has notably sat vacant for close to five years, with Ted Tozer, the last permanent president, resigning in 2017. Since then, the industry has been waiting with bated breath for someone to fill the role.
Eye on Housing
SEPTEMBER 13, 2021
The number of women employed in the construction industry grew slightly in 2020, rising to around 1.17 million, while the construction industry lost 587,000 jobs in 2020 when the pandemic hit the economy. Currently, women make up a growing share of the construction employment, up to 10.9% in 2020 from 10.3% in 2019. As the construction skilled labor shortage remains.
Coldwell Banker
SEPTEMBER 17, 2021
Nestled beneath an endless backdrop of the Sierra Madre mountains in Jalisco, Mexico is Puerto Vallarta. Travel through the charming neighborhoods and beautiful beaches, browse eclectic shops, indulge in cuisine, and wander the malecón (boardwalk). The post Coldwell Banker Around the World: September 2021 appeared first on Coldwell Banker Blue Matter.
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.
RIS Media
SEPTEMBER 14, 2021
When you’re searching for your dream house, you’ll likely spend a good chunk of time touring open houses—and while you may have a list of ‘must-haves’ or ‘no-no’s’ in mind, it’s easy to be distracted by color and/or other cosmetic touches that keep you from noticing more critical factors. Experienced real estate agents know what to look for. But if you’re touring on your own, here are eight things you should definitely be alert to.
Housing Wire
SEPTEMBER 17, 2021
The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. In August, 58.8% of offers written by Redfin agents faced a bidding war, down from the peak in April of 74.3%, and below the August 2020 bidding war rate of 59.4%.
Eye on Housing
SEPTEMBER 16, 2021
According to data from the Census Bureau’s Survey of Construction (SOC), the custom home share decreased to 17.8 percent of all single-family homes started in 2020—the lowest the annual custom home share has been since the 2005 re-design of the SOC. The custom home market consists of contractor-built and owner-built houses—homes built one at a time for owner occupancy on.
Realty Biz
SEPTEMBER 13, 2021
A blind real estate investment might end up making no profit as per your expectations, but it’s all in vain. Whether you are buying a property to earn rental money through it or for living purposes, you surely have to take care of the indicators that play a vital role in the real estate economy. Let’s get to know the indicators that would help you to optimize your real estate investments. 1- Keep an Active Eye on the Life Amenities Offered.
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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