Real Estate Industry

“All the news that's fit to print,” or to click, as the case may be, can be found right here at your favorite real estate social networking site, ActiveRain. And here you thought it was merely a great place to chat with colleagues and slap up a blog post or two.


We know you're busy – whether it's trying to fill your pipeline or following up on what's already popped out of the bottom of it. Who has time to read? And, while real estate market news geared toward consumers is easy to round up on the Internet, news for brokers and Realtors is a bit harder to come by.


Your friends at ActiveRain understand how important each of those 168 hours in every week is so we've made it easy for you by consolidating everything you need to know to keep up-to-date with the real estate industry right here, in one place.


How are housing starts looking? Has the FHFA launched any new efforts? How's that Fannie and Freddie loan limit rollercoaster doing?


You've got the questions and your colleagues here at AR have the answers. It's at your fingertips – finally.

Recent blogs on Real Estate Industry
By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Real Estate Professionals are no doubt all-too-familiar with the Real Estate Settlement Procedures Act (RESPA), but are you aware of some of the not-so-obvious violations?In short, the chart below lists some violations that may seem harmless, but they are indeed putting multiple parties at risk each & every time these acts occur. As a reminder, RESPA is violated if/when "something of value" (kickback) is provided in exchange for a loan referral.In the event one of the above rules are broken, the penalties are stiff! In summary, the rules exist to protect the consumers (as it is assumed that an unscrupulous Loan Officer would recoup the costs of the "thing(s) of value" provided for a referral by increasing the costs/rates to the consumer.
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
When you decide to sell your house, you’ll often hear real estate agents say that they’ll get your house sold quickly and for top dollar.Who wouldn’t like that?! Everybody wants as much money as they can possibly get, and most people would prefer not to have buyers coming to see their house for months on end, so, the quicker the better.But what defines quick? Well, there’s no absolute definition and it depends upon a few factors. It can mean a few days, weeks, or even months, depending upon how the market is in your area, the price range of your home, and the choices you make as a seller.Over the past couple of years, it probably seemed like every house was selling within a few days of being listed for sale. While many houses were selling that quickly, not all of them were. In fact, acc...
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By Jigar Shah, Product Manager (Prop-Tech) at Houzeo Corp.
(Houzeo Corp.)
You're planning to sell your Texas home. Awesome! Selling a home could be one of the biggest moments in the life of a homeowner, especially when they are selling ‘for sale by owner’ or FSBO. But this can also be a stressful situation if one is not prepared.When wondering how to sell a house by owner in Texas, one thing homeowners should learn about is the seller's closing costs. It’s natural to feel overwhelmed by this aspect of home sales. But we are here to make the process simpler for you. What are Seller Closing Costs?First, let’s understand what these costs are. Closing costs refer to the fees and taxes that sellers and buyers have to pay before the real estate transaction is finalized. While both parties pay these costs, the burden is usually more on the sellers.Seller closing cos...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts. We know it’s more challenging for some to buy a home because there’s still a measurable gap between the overall average U.S. homeownership rate and that of non-white groups. Today, the lowest homeownership rate persists in the Black community (see graph below): Homeownership is an essential piece for building household wealth that can be passed dow...
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By Shaun Bannon, Home Inspectors Serving NC & SC
(Bannon Home Inspections )
As a home inspector or realtor, having an online presence is more important than ever. With the rise of technology and the internet, potential buyers and clients are turning to online sources to search for properties and services. This means that having a website that showcases your listings and services, and provides valuable information to potential buyers and clients, is crucial to selling properties and growing your business quickly and efficiently.One of the key benefits of having an amazing website and online presence is that it allows you to reach a wider audience. A well-designed website that is optimized for search engines can help you reach potential buyers and clients who are actively searching for properties and services online. By having an online presence, you can tap into...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
Buying a home is a big decision. And for some recent homeowners, that decision has led to some real regrets—aka “buyer’s remorse.”But what, exactly, is driving that remorse?A recent article from realtor.com outlined some of the most common regrets recent buyers have experienced after purchasing their homes, including: Unexpected repairs. Many recent homeowners completely underestimated the amount of work their home would need, and found themselves dealing with unexpected repairs that proved both stressful and expensive. Not considering their life circumstances. While navigating such a competitive market, many buyers felt the pressure to buy as quickly as possible, and didn’t fully consider how the purchase would fit into their present life, or in the future. For example, this left many ...
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
Week of January 30, 2023, in ReviewThe Fed hiked its benchmark Fed Funds Rate, while there’s more to January’s job data than the headlines suggest. Plus, find out what the latest news on home price appreciation really means, all ahead in these stories:  Are More Fed Rate Hikes Ahead This Year? January Job Growth Not as Strong as It Appears Private Payrolls Disappoint in January Jobless Claims Reflect Tight Labor Market Talk of Housing Crash Not Supported by Appreciation Data  Are More Fed Rate Hikes Ahead This Year?As expected, the Fed hiked its benchmark Fed Funds Rate by 25 basis points at its meeting last Wednesday. The Fed has now hiked the Fed Funds Rate eight times since last March, bringing it to a range of 4.5% to 4.75%. The Fed Funds Rate is the interest rate for overnight borr...
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By Ralph Williams, "The very best in sales & leadership training."
(Bottom Line University)
Lots of fun coming up in this coming Thursday's AGENT and LEADERSHIP sessions. We have another great guest and more ways to ensure your success in real estate.If this is your year to break out and be the most productive you've ever been, then join the IMPACT Initiative Community.Enroll today. You won't find a better value anywhere!Reach out to either of us. We'll get you all set up.Ralph Williams Ralph@BottomLineUniversity.comDoug Thompson Doug@BottomLineUniversity.com
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 19, 2023, The National Association of Home Builders (NAHB) Remodeling Market Index (RMI) dropped 17 points to 66 points in the 4th quarter of 2022 from 83 points in the 4th quarter of 2021.The current market conditions index declined 14 points to 75 point in the 4th quarter of 2022 from 89 points 4th quarter of 2021.The major additions and alterations decreased 14 points to 71 points in the 4th quarter of 2022 from 85 points 4th quarter of 2021.The moderately sized remodeling projects lower 13 points to 77 points in the 4th quarter of 2022 from 90 points 4th quarter of 2021.The demand for smaller additions and alterations down 14 points to 77 points in the 4th quarter of 2022 from 91 points 4th quarter of 2022.NAHB Chief Economist Robert Dietz, stated “NAHB expects remodeling...
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By Melissa Thompson, I'm a real estate agent helping buyers and sellers
(Thompson Real Estate)
You must complete several essential steps when preparing your room to be professionally painted. Preparation makes it easier for the painters to paint your room and prevents any extra hassle on your hand when they come. Keep reading to learn about the five steps to prep your room for paint. Step 1: Remove All Possible Furniture When preparing your room for painting, you first must remove every piece of furniture you possibly can. Whatever you can not remove from the space should be pushed into the room’s center, then cover it with clear plastic, a tarp, or anything else that can protect it from paint splatters. Step 2: Tape Around Unremovable FixturesAfter you have removed all the furniture you can from the room, the next step you need to do is take painting tape or masking tape and pla...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%. Let’s connect to make sure you have a trusted lender and can find out if you’re ready to buy a home sooner rather than later.
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By Jean Richer, Straight Talk on Real Estate
(Keller Williams Realty Inc.)
Are you thinking about buying a home? You may have wondered, when is a good time to buy? I strongly believe that there is always a good time to buy a home if you are prepared for it. No matter what is happening in the market, if the numbers make sense for your personal finances, it is a great decision to invest in real estate. To learn more, watch the above video. 
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
This is an excellent post with great information. Thanks for sharing it.Have a super fantastic week!Joe Jackson, Realtor-KWCP Buying and selling properties is a multi-step process involving several people like buyers, sellers, lawyers, and, sometimes, realtors. With so many people involved in this complex legal process, it’s only natural for you to need several important documents for a seamless and straightforward sales process. If you’re entering a sale for the first time, it’s only natural to be unsure about what you’ll need to complete the deal. Often, real estate transactions require some of the following documents.  A Bill of Sale A bill of sale after selling your house is vital to have. It’s a legal document outlining the transfer of property ownership from a seller to a buyer fo...
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By Melissa Thompson, I'm a real estate agent helping buyers and sellers
(Thompson Real Estate)
Buying and selling properties is a multi-step process involving several people like buyers, sellers, lawyers, and, sometimes, realtors. With so many people involved in this complex legal process, it’s only natural for you to need several important documents for a seamless and straightforward sales process. If you’re entering a sale for the first time, it’s only natural to be unsure about what you’ll need to complete the deal. Often, real estate transactions require some of the following documents. A Bill of SaleA bill of sale after selling your house is vital to have. It’s a legal document outlining the transfer of property ownership from a seller to a buyer for payment or consideration. Most often, they include important information like what was sold, the date of the sale, and how muc...
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By Ron Cedillo, Helping People and Enjoying Life
(Home Buyers Realty)
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing, and overall market activity is starting to pick up. All of that’s great news for the housing market this year. Here’s what experts are saying. Cristian deRitis, Deputy Chief Economist, Moody’s Analytics: “The current state of the housing market is that it is certainly in transition.” Susan Wachter, Professor of Real Estate and Finance, University of Pennsylvania’s Wharton School: “Housing is going to ease up. I think 2023 will be a turnaround year.” Lawre...
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By Dr. Paula McDonald, Granbury, TX 936-203-0279
(Beam & Branch Realty)
If you have made the decision to purchase a newly constructed home, in most areas, there is a choice of determining if you will buy a custom home or a spec home. There is a difference. Let's identify these two types of new construction:CUSTOM HOMES - These projects consist of one-of-a-type homes. These are not mass-produced homes. Custom home builders work individually with an owner and usually are working with a floor plan that is unique to that owner. The owner will work with the builder in choosing every detail, every product, and every aspect of the home. Building a custom home will usually take longer. The owner has their own land or lot and will choose their own builder. It is important to meet and interview many builders prior to choosing the right one for you. Several factors sh...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On February 1, 2023, the U.S. Census Bureau reported nationwide construction spending declined 0.4% to $1,809.8 billion in December of 2022 from $1,817.3 billion November of 2022, but rose 7.7% from $1,681.0 billion in December of 2021.Nationwide private construction down 0.4% to $1,427.1 billion in December of 2022 from $1,432.9 billion in November of 2022.Residential construction decreased 0.3% of $857.2 billion in December of 2022 from $860.0 billion November of 2022.Non residential construction lower 0.5% to $570.0 billion in December of 2022 from $572.9 billion in November of 2022.The public construction dropped 0.4% to $383.7 billion in December of 2022 from $384.4 billion in November of 2022.The educational construction lost 0.3% to $84.2 billion in December of 2022 from $84.4 bi...
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By Ralph Williams, "The very best in sales & leadership training."
(Bottom Line University)
Here is a link to our commercial for this week's show with special guest, Michelle Sharp. https://os5.mycloud.com/action/share/f42c7aae-8204-4145-844a-ddcc93cd1697 Our program this week (Thursday, February 2nd) is titled, “Be Prepared”. These are two words that will change your life, and it’s easier than you might think. We’ll walk you through a few easy steps, and you’ll be on your way to truly being prepared.Our special guest this week is Michelle Sharpe a literal “Dream Consultant” with RE/MAX 1st Choice Belize in Stann Creek, Belize. She has a way of lighting up every environment she’s in.If this is your year to break out and be the most productive you've ever been, then reach out and enroll today. You won't find a better value anywhere!Reach out to either of us and enroll today!Ral...
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
This is an excellent post with great information. Thanks for sharing it.Have a super fantastic week!Joe Jackson, Realtor-KWCP If there’s anyone who knows about home renovation, it’s the home renovation experts on HGTV. So, what do those experts have to say about renovating your home in 2023? A recent video from realtor.com outlined key advice for homeowners that are planning a home renovation in 2023—straight from some of HGTV top stars!—including: Get big items done, then worry about the small stuff. There’s a lot to get done when you’re renovating your home. And while working out the small details can be fun (for example, choosing paint and textile colors or cabinet finishes), it’s important to tackle the big parts of the project—like choosing a contractor and settling on a layout for...
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
This is an excellent post with great information. Thanks for sharing it.Have a super fantastic week!Joe Jackson, Realtor-KWCP Tampa area homeowners are turning to the convenience of selling their homes for cash instead of dealing with all the hassle. With Tampa cash buyers offering cash offers that go above market value, it's no surprise that this has become an increasingly popular option. Here’s why this is becoming a popular option for homeowners in the area.      Speed and Convenience   When you sell your house for cash in Tampa, you don’t have to wait around for months or even years for an interested buyer to come along. Cash offers are usually processed much faster than traditional deals because the sale isn’t dependent on bank financing or other contingencies. This means you can g...
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