Housing Wire

APRIL 30, 2021

Historically, retirees have always put Scottsdale high on their list of destinations when looking to take advantage of lower home prices, larger lots, agreeable weather and low cost of living. But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on.

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Marketing Land As-is Agents 543

Keeping Current Matters

APRIL 28, 2021

The question many homebuyers are facing this year is , “Why is it so hard to find a house?” We’re in the ultimate sellers’ market , which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there are so few houses for sale.

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Construction New Construction Sales Marketing 305

Realtor.com

APRIL 30, 2021

realtor.com We know Austin, TX, is one of the country’s hottest real estate markets. We also know the impact of remodels featured on HGTV’s popular “Property Brothers.” Join those two unstoppable forces together, and you’ll wind up with a home that sells more quickly than you can say “new listing.” The show’s stars, Jonathan and Drew Scott , completed a remarkable renovation of this midcentury modern way back in Season 4 of their long-running show

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Renovation Land As-is Marketing 145

Eye on Housing

APRIL 29, 2021

Thanks to a surge in residential investment during 2020, housing’s share of GDP has returned and remains near historic norms. Last year’s market conditions involved a renewed focus on the importance of home, an evolving geography of housing demand, and a lack of for-sale inventory. Housing should continue to expand in 2021. For the first quarter of 2021, overall GDP growth continued.

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Residential Sales Marketing 145

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

APRIL 27, 2021

Last year, during the throes of COVID-19, I expended many words arguing that the U.S. economy would be OK despite the dark period we were in. We just needed patience. We aren’t in a housing bubble. Today we are enjoying the most remarkable comeback of the U.S. economy, which almost no one saw coming. The America is Back Economic Model and the 10-year yield should share the Oscar for best performance.

Mortgages 516

Mortgages Marketing As-is Sales 516

Keeping Current Matters

APRIL 30, 2021

Some Highlights. If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the long run. Contact a local real estate professional to put your plans in motion before home prices and mortgage rates climb even higher.

Mortgages 299

Mortgages 299

Maximum Exposure Real Estate

APRIL 26, 2021

Things You Should Know About a Property Line Are you wondering how property lines work? Maybe you are trying to figure out exactly where your property line is located? If you are nodding your head yes to these questions, you’re not alone. Lots of folks try to research how to find their property lines. Some […]. The post Property Lines: What to Know About a Property Line appeared first on Massachusetts Real Estate Exposure.

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Marketing 145

Housing Wire

APRIL 28, 2021

Following an incredible year for refinances that mostly benefited wealthier borrowers, the Federal House Finance Agency announced it is implementing a new refi product that targets low-income borrowers with single-family mortgages backed by Fannie Mae and Freddie Mac. According to the regulatory agency, this new product will assist borrowers who were less likely to take advantage of 2020’s historically low rates.

Mortgages 501

Mortgages Lending Finance Loans 501

Keeping Current Matters

APRIL 27, 2021

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation as to why existing home sales have slowed – there aren’t enough homes to buy.

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Marketing New Construction Construction Residential 297

Lighter Side of Real Estate

APRIL 29, 2021

Who doesn’t like a good pun?! Yes, even the people who groan when they hear one. Deep down, everyone appreciates a well-crafted pun. Which is why “punny” real estate memes go over so well (when they’re done right). Here’s nine of the punny-est real estate memes we’ve created over the years to help agents stay top of mind while entertaining their friends, family, and past clients. 1.

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Branding Agents As-is Marketing 143

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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

APRIL 29, 2021

Getty Images Just in case you haven’t heard, snagging a well-priced home in today’s real estate market can feel a bit like winning Powerball. It’s all about beating sky-high odds. Scant inventory, worsened by a pandemic-crush to buy new homes, has led to prices reaching new records and competition bidding them up even higher. All-cash bids and multiple offers way above asking are pricing many would-be homeowners right out of the market, or leaving them feeling hopeless.

Construction 140

Construction Renovation As-is Marketing 140

Housing Wire

APRIL 29, 2021

For the second consecutive week, mortgage rates managed to hold steady below 3%, rising one basis point last week to 2.98%, according to Freddie Mac’s Primary Mortgage Market Survey. In light of the rising COVID-19 caseloads globally, U.S. Treasury yields stopped moving up a month ago and have remained within a narrow range as the market responds to incoming economic data, noted Sam Khater, Freddie Mac’s chief economist.

Mortgages 497

Mortgages Finance Loans Marketing 497

Keeping Current Matters

APRIL 26, 2021

Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to the National Association of Realtors (NAR), homes are typically on the market for just 18 short days.

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Sales Staging Agents As-is 283

Eye on Housing

APRIL 26, 2021

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed the largest share of new home sales since 2018. The share of sales backed by conventional loans in the Q1 2021 increased 2.8 percentage points (quarter-over-quarter) to 71.6% and 2.1 percentage points since Q1 2020.

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Finance Sales Loans Mortgages 138

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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

Realtor.com

APRIL 26, 2021

If a well-designed house is like a complete outfit, we like to think of the bathroom as the perfect accessory that ties everything together. It’s a little space with the power to make a big impact and a prime opportunity to make bold design choices—starting at the ground level with great flooring. From a price and time-commitment perspective, a bathroom renovation is an ideal starting place for any fixer-upper.

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Renovation Design As-is 130

Housing Wire

APRIL 27, 2021

A homebuyer report from Bank of America shows that 51% of young homebuyers aged 18 to 43 value community and friendly neighbors when deciding whether or not to pull the trigger on a new home. Also in the survey, which polled 2,000 adult homeowners and prospective homebuyers, just 33% of older generations (defined as ages 57 to 75) said community had become more important over the past year. “Along with a desire for more space and smart home technology, individuals are looking for a sense o

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Equity Banks Lending Renovation 493

Keeping Current Matters

APRIL 29, 2021

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that increase in inventory has yet to materialize.

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Industrial Mortgages Sales Marketing 255

HomeLight

APRIL 30, 2021

An estimated 15 million homes in the U.S. are at an immediate risk of flooding, according to a flood database formed by the nonprofit First Street in 2020. Homes on the coast can be particularly vulnerable to flooding caused by hurricanes or high tides. During Hurricane Harvey, historic flooding left nearly 135,000 homes damaged or destroyed ; Katrina caused even more destruction, ravaging 800,000 housing units.

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Renovation Inspection Investor Agents 128

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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

Marco Santarelli

APRIL 29, 2021

Data by C.A.R. The forecast is an estimate from various sources. All information provided is deemed reliable, but is not guaranteed and should be independently verified. We will discuss the latest San Jose real estate market trends. The San Jose's housing market is infamously expenisve. A lack of homes for sale is pushing prices up, so potential buyers are facing an affordability crunch.

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Marketing Investor Residential Sales 126

Housing Wire

APRIL 26, 2021

The effects of low housing inventory continue to cause significant ripples in the housing market, as a recent Redfin report shows home sale prices across the country have reached an average of $344,625 — an all-time high, and an 18% increase year over year. That’s well above the average home sale prices in Redfin’s March report , at the time a record high of $331,590.

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Sales Construction Closing Marketing 482

Eye on Housing

APRIL 28, 2021

A recent post revealed that 16% of adults are planning a home purchase in the next 12 months. Among that group of prospective buyers, 42% are looking to buy a newly-built home and 30% an existing home. A year earlier, in the first quarter of 2020, only 24% of buyers reported a preference for new homes, while 40% were looking.

New Construction 126

New Construction Construction 126

HomeLight

APRIL 30, 2021

Maybe your mother-in-law is moving in or your adult child is living at home until they find a job. Or perhaps, you’re looking to start an Airbnb side hustle. For whatever reason, you’ve decided to build a kitchenette and are wondering how much it’s going to cost. Despite their small size, kitchenettes cost $45,600 on average — though costs vary widely depending on size, features, and finishes.

Construction 126

Construction Design Renovation As-is 126

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

Realty Biz

APRIL 27, 2021

April 2021: The experts’ predictions from the end of 2020 are slowly becoming this year’s trends. Like every industry, real estate must keep up with technological progress and the consumer demands that shape it. Having a website with property listings and advertising on Google is no longer enough to compete and to remain relevant. Marketing evolved to embrace all kinds of channels and technologies that meet potential buyers wherever they are.

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Marketing Staging Technology Industrial 126

Housing Wire

APRIL 30, 2021

More than a quarter of single-family homes for sale during the first quarter were new-construction homes — nearly 26%, and March housing starts jumped nearly 20% month over month to the highest level since 2006, per the latest report from Redfin. Although housing starts are rising, lumber prices have skyrocketed in the past 12 months, causing the average price of a new single-family home to increase by $35,872, according to the National Association of Home Builders.

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New Construction Construction Land Sales 476

Realtor.com

APRIL 26, 2021

Sotheby's International Realty With the Kentucky Derby rounding the corner, many of us will be picking out outrageous hats and mixing up tasty mint juleps for Derby Day. But the thrill of equestrian excellence doesn’t need to be limited to a single day—you can buy a place where you can enjoy the company of horses year-round. Of course, having a horse or two around the house also requires lots of room for paddocks, stalls, haybarns, grazing areas, and plenty of secure fencing.

Sales 125

Sales Brokerage Renovation As-is 125

Eye on Housing

APRIL 30, 2021

In the first quarter of 2021, more prospective home buyers (33%) expect that finding the right home will get easier in the months ahead than did a year earlier (25%), according to the latest Housing Trends Report.

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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

Better Dwelling

APRIL 28, 2021

All but two U.S. real estate markets are seeing double-digit annual price growth. The S&P CoreLogic Case-Shiller Index shows February saw annual home price growth hit the highest level since 2006. Three of the Top 20 markets even hit an all-time record for home price growth. U.S. Home Prices Are Growing At The Fastest Rate […]. The post U.S.

Marketing 121

Marketing 121

Housing Wire

APRIL 30, 2021

Glenn Kelman, CEO of Redfin, and Luke Babich, chief operating officer of Clever (left to right). This is the final of a three part series on residential real estate sales commissions. Part one explained the history of sales commissions , and the labor market for real estate agents. Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale.

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Residential Agents Sales Marketing 468

Realtor.com

APRIL 27, 2021

iStock One of the biggest hurdles in buying a home is coming up with a down payment—the large chunk of cash that’s typically required to secure a mortgage for a house. Fortunately, most lenders today offer a wide range of down payment options for 5%, 10%, 15%, or 20% of the price of the house. For many first-time home buyers , a government-backed FHA loan can be obtained for as little as 3.5% down.

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Pre-approval FHA loan Loans Mortgages 124

The Mortgage Report

APRIL 27, 2021

Buying a house can take anywhere from a couple months to half a year or longer. It depends on local markets and how prepared you are. Here's what to expect.

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Marketing 128

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