Sat.May 14, 2022 - Fri.May 20, 2022

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Do Solar Panels Increase Property Value? Does it Add Green to Go Green?

HomeLight

As a homeowner, you love the idea of green energy , and installing solar panels to help the environment. And if you can save money by adding some green to your wallet, that’s even better! In order to understand if your initial investment will make financial sense, you need to know more about solar panels and how they could add value to your home. To shine some light on the subject, we’ve researched and interviewed experts who know all about solar panels.

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What Are Comps in Real Estate

Realty Biz

When you are looking to sell your home, it is essential to have a fair and accurate price. Overpricing leads to failure. Under pricing leads to money left on the table. On the other hand, when you’re buying a home, the last thing you want to do is overpay. This is where “comps” come into play. Real Estate comps are comparable properties that have recently sold in your general area.

Sales 141
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Applications for new homes dropped 14% in April

Housing Wire

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. Mortgage applications for new home purchases dropped 10.6% in April from the same period last year, according to the Mortgage Bankers Association builder application survey. Compared with last month, applications dropped by 14%. . MBA estimates that about 701,000 new homes were sold in April at a seasonally adjusted annual rate, marking a decline for five consecutive months.

VA loan 459
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The One Thing Every Homeowner Needs To Know About a Recession

Keeping Current Matters

A recession does not equal a housing crisis.

Marketing 311
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The 2025 Real Estate Roadmap to Success

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.

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Builder Confidence Plunges on Rising Interest Rates, Growing Affordability Woes

Eye on Housing

In a sign that the housing market is now slowing, builder confidence took a steep drop in May as growing affordability challenges in the form of rapidly rising interest rates, double-digit price increases for material costs and ongoing home price appreciation are taking a toll on buyer demand. Builder confidence in the market for newly built single-family homes fell eight.

As-is 145

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This savagely unhealthy housing market needs higher rates

Housing Wire

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. However, this year has seen one big game-changer: the 10-year yield finally cracked over 1.94%, which drove mortgage rates over 4%. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up.

Marketing 528
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Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts say owning a home is historically a good hedge against inflation.

Mortgages 289
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Gains for Custom Home Building

Eye on Housing

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building posted a year-over-years gain for the first quarter of 2022. There were 46,000 total custom building starts during the first quarter of the year. This marks a 28% increase from the first quarter of 2021. Over the last four quarters, custom housing.

Design 144
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How Important is Flooring When Selling a House?

HomeLight

There are a million competing priorities when you’re preparing to list your home on the real estate market. For example, does your home have adequate curb appeal? Is it worth replacing the worn-out windows in your guest bedroom? How essential are appliances and countertops in the kitchen? How important is flooring? At the end of the day, your buyers may simply have different tastes than you do — and they might choose to redo the floors regardless of what investments you’ve decided to make.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Housing starts data lags reality of higher mortgage rates

Housing Wire

The U.S. Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. Housing starts came in at 1.724 million , and housing permits came in at 1.819 million — both are still very healthy numbers. However, the sting of higher mortgage rates is hitting the single-family construction data, and the real story is that the housing completion data, which has be

Mortgages 493
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How Homeownership Can Bring You Joy

Keeping Current Matters

If you're trying to decide whether to rent or buy a home, you're probably weighing a few different factors.

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Townhouse Construction Growing

Eye on Housing

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the first quarter of 2022 single-family attached starts totaled 36,000, which is 16% higher than the first quarter of 2021. Over the last four quarters, townhouse construction starts totaled 152,000 units, 25% higher than the prior four quarter total (122,000).

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Fabulous and Functional: 5 Home Offices That Inspire Productivity

Sotheby's International Real Estate

For the busy professional, having a home office can be non-negotiable. These studious, aesthetically pleasing spaces in homes from East Coast to West boast designs that balance elegance and efficiency. Upper East Side Sophistication. Robert E. Doernberg, Sotheby’s International Realty – East Side Manhattan Brokerage. High above Lenox Hill, this six-bedroom duplex condominium is flooded with light and revels in stunning skyline, East River, and Central Park views.

Brokerage 125
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Purchase mortgage rates drop to 5.25% as demand wanes

Housing Wire

Purchase mortgage rates this week averaged 5.25%, down five basis points from a week ago , as some individuals put the American homeownership dream on standby due to higher rates and surging home prices, according to the latest Freddie Mac PMMS. This time a year ago, the 30-year fixed-rate purchase rates were at 3%, the report shows. The government-sponsored enterprise (GSE) index accounts for just purchase mortgages reported by lenders during the past three days.

Mortgages 488
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Why Rising Mortgage Rates Push Buyers off the Fence

Keeping Current Matters

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you.

Mortgages 260
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Strong Gains for Single-Family Built-for-Rent

Eye on Housing

The single-family built-for-rent sector continues to expand as housing affordability headwinds increase. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 13,000 single-family built-for-rent (SFBFR) starts during the first quarter of 2022. This is a 62.5% gain over the first quarter 2021 total.

Design 126
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Significant Sales: March 2022 Highlights

Sotheby's International Real Estate

From a US$26.9M sale in Newport Coast, California to a JPY ¥800m sale in Nagano, Japan, here are five of the most notable sales from March 2022 represented by the Sotheby’s International Realty® global network. Newport Coast, California. John Cain | Pacific Sotheby’s International Realty, $26,995,000. Pebble Beach, California. Canning Properties Group | Sotheby’s International Realty – Carmel Brokerage, $18,500,000.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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The housing industry will soon be up in ARMs

Housing Wire

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. That’s the consensus forecast of a panel of non-agency industry experts who spoke at the Mortgage Bankers Association ’s (MBA’s) Secondary and Capital Markets Conference & Expo in New York City this week. .

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If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

Keeping Current Matters

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

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Single-Family Starts Decline as Rates, Headwinds Increase

Eye on Housing

Single-family starts declined in April, as higher interest rates weighed on housing affordability, producing a fifth straight decline for the NAHB/Wells Fargo HMI. Additionally, the cost and availability of materials, lumber, labor and lots remain key supply-side headwinds. Single-family permits decreased 4.6% to a 1.11 million unit rate in April. Nonetheless, the resale market lacks inventory, which is supporting demand.

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Selling a House ‘As Is’ in Maryland

HomeLight

Looking to sell a house “as is” in Maryland? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. There are some misconceptions about what “as is” means, says top-rated Maryland real estate agent Juan Umanzor. “I get a lot of sellers who say, ‘Juan, we’re going to make some updates to this home, but we don’t want to do anything else.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Layoffs, again: Fairway is the latest lender to trim workforce

Housing Wire

Madison-based Fairway Independent Mortgage Corp. appears to be the latest mortgage lender to cut jobs due to the challenging origination market, showing that surging mortgage rates and home prices are now affecting companies with a high share of purchase loans in their portfolios. Fairway staff across the country received phone calls last week from their supervisors announcing they were part of a round of layoffs, a dozen former employees told HousingWire over the last few days.

Loans 476
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Recent College Grads Should Think Twice Before Renting a Place to Live

Lighter Side of Real Estate

People often envision young adults graduating from college, landing a job, and renting their own place to live. While it was never easy, that path has become more and more difficult to attain in a straight line. College isn’t cheap, and many grads are starting their adult lives with a heap of student loans and jobs that may not pay as much as it costs to live independently.

Land 116
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Multifamily Permits Strong At The End of First Quarter of 2022

Eye on Housing

Over the first three months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 278,189. On a year-over-year (YoY) basis, this is a 0.8% increase over the March 2021 level of 276,110. Year-to-date ending in March, single-family permits declined in three out of the four regions. The South posted a modest increase of 4.8% while the.

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Buying Foreclosed Homes for Dummies in 11 Steps Even You (Yes, You!) Can Do

HomeLight

Real estate hacks for buying and selling your way to wealth can be hard to find. Maybe the allure of a quick win or the challenge of scoring a good deal is too good to resist. Is buying a foreclosed house for dummies a hack that would work for you? Find out: Here are the 11 steps to buying foreclosed homes for dummies. Step 1: Be clear on why you want to buy a foreclosure.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.