Daily Real Estate News

1 in 4 Properties Are ‘Equity Rich’

NAR Daily News Magazine - November 15, 2019 - 1:00am

The Northeast and West have the highest levels of properties with loans at 50% or less of their market value.

Customers’ Favorite Mortgage Lenders Ranked

NAR Daily News Magazine - November 15, 2019 - 1:00am

J.D. Power released its latest results that show which mortgage lenders score highest in customer satisfaction.

Study Confirms the ‘Amazon Effect’ on Housing Is Real

NAR Daily News Magazine - November 15, 2019 - 1:00am

Massive inventory shortages, sky-high price spikes, and a blistering pace of sales is now the norm surrounding Amazon’s second headquarters, realtor.com® reports.

With FHA’s Capital Surge, NAR Calls for Reduced Premiums

NAR Daily News Magazine - November 15, 2019 - 1:00am

As the Financial Housing Authority’s financial position improves, NAR urges the agency to consider reducing premiums and eliminating its life-of-loan policy.

Mortgage Rates Rise Again as Recession Fears Recede

NAR Daily News Magazine - November 15, 2019 - 1:00am

The 30-year fixed-rate mortgage averaged 3.75% this week, Freddie Mac reports.

iBuyer Bumps Up Price Threshold to $800K

NAR Daily News Magazine - November 14, 2019 - 1:00am

Opendoor announced its increased offer amount on qualified properties in its newest market.

How Marijuana Laws Are Challenging for Your Business

NAR Daily News Magazine - November 14, 2019 - 1:00am

Be careful with cannabis-related property dealings, cautioned industry and legal experts at a recent forum during the REALTORS® Conference & Expo in San Francisco.

Bidding Wars Hit a 10-Year Low

NAR Daily News Magazine - November 14, 2019 - 1:00am

However, economists point to low mortgage rates and a shortage of homes for sale that will likely bring bidding wars back next year.

The House Hunt Won’t Be Easy, Prospective Buyers Say

NAR Daily News Magazine - November 14, 2019 - 1:00am

Home shoppers are being realistic about housing shortages during their search.

Cost Burdens Drop for Owners, Remain High for Renters

NAR Daily News Magazine - November 14, 2019 - 1:00am

Fewer Americans are feeling the pinch of mortgage costs—but there’s a catch, new census data shows.


Considering a Video Doorbell? Read This First!

RisMedia Consumer News - November 13, 2019 - 3:46pm

Smart home lovers likely rejoice at the continued flood of smart house accessories on the market, one of which are video security doorbells.

According to the experts at Alarm New England, installing a doorbell camera can help secure your home and eliminate risks associated with opening the door for strangers, and law enforcement agencies across the nation are generally in support of the devices as a tool for reducing crime.

The site SafeHome.org offers these additional points to review before you buy:

Most doorbell cameras max out at 1080p resolution, and the higher the resolution, the sharper the image, generally speaking.

Night Vision
Night vision capabilities will allow you to clearly see who is at your door even when it’s dark out, giving you security 24/7.

Field of View
If the video doorbell you are considering says it offers 180 degrees, it means the camera can see everything in front of it, and to the sides, while 90 degrees means it can only see to the front, and a tiny bit to the sides. A wider field of view is preferred for nearly all scenarios.

Audio Features
One of the biggest benefits of doorbell cameras is being able to communicate through it to speak with whoever is at the door.

Motion Detection
Look for advanced features such as monitoring specific zones while ignoring others—perfect for houses near a busy street to avoid getting motion alerts every time someone walks or drives by.

Cloud Storage
For security purposes, having a cloud storage option can be helpful. In the event of someone vandalizing or stealing from your property, you’ll have some video evidence ready.

App Support
Be sure the video doorbell you’re buying has excellent app support so you can actually connect to it fast to see who is at your door.

Many web sources remind homeowners that since all video doorbells require a Wi-Fi network, many manufacturers advise placing the device as close as possible to an internet router. If the internet router is located far from a video doorbell, homeowners may want to consider adding a modestly priced internet signal booster plugged into an outlet adjacent to the newly equipped video doorbell to enhance signal quality and speed.

John Voket is a contributing editor to RISMedia.

The post Considering a Video Doorbell? Read This First! appeared first on RISMedia.

Which Home Security Systems Make Owners Feel Safer?

NAR Daily News Magazine - November 13, 2019 - 1:00am

Crime rates may be at their lowest since the early 1990s, but consumers are still showing a big interest in high-tech home security.

More than 140 Appliances Stolen From New Homes in Florida

NAR Daily News Magazine - November 13, 2019 - 1:00am

Police have been investigating a string of appliance thefts dating back to January 2018.

Mortgage Meltdown Unlikely Despite Hike in Risky Loans

NAR Daily News Magazine - November 13, 2019 - 1:00am

Housing analysts are hoping it’s not a case of déjà vu. Here's why they say another recession is unlikely.

In This Metro, Homeowners Stand to ‘Strike It Rich’ at Resale

NAR Daily News Magazine - November 13, 2019 - 1:00am

A new study calculates homeowners’ internal rate of return to find the city that truly offers the best returns to owners at resale.

Rental Firm Agrees to Pay $1M for Denying Ex-Cons Leases

NAR Daily News Magazine - November 13, 2019 - 1:00am

“This settlement fires a warning shot across the bow of any landlord in America who blanketly refuses to rent apartments to people with criminal justice involvement,” an advocacy group says.

New Survey Reveals Holiday Travel Planning Trends

RisMedia Consumer News - November 12, 2019 - 4:03pm

(TNS)—One of the busiest travel seasons of the year is right around the corner. As the holiday season approaches, new research from the Travel Channel reveals insight into the travel plans and preferences of Americans—most importantly, how many of them are planning to take an end-of-year vacation.

Clearly, U.S. travelers have been saving vacation days. The Travel Channel survey found that 67 percent of Americans plan to use vacation days and/or paid time off to hit the road this holiday season. Nearly a quarter of these travelers (24 percent) are planning to travel for longer than six days.

Forty-two percent of respondents said that they are traveling to their hometowns to visit family and friends, while 48 percent indicated that they are traveling elsewhere.

Get ready for busy roadways during Thanksgiving and winter breaks. The vast majority of travelers (72 percent) said that they will drive to their destinations. Forty-four percent are planning to travel by air.

The holidays don’t come cheap. The Travel Channel research showed that nearly one-third (28 percent) are planning to spend in excess of $500 on the trip.

Many (27 percent) are traveling with family while one in 10 travelers are traveling to a vacation destination with a significant other or friends.

Mariel Clark, vice president of Digital Video and Editorial for the Travel Channel, provided a number of tips.

For families traveling in groups, she advises keeping options open:

“When traveling with a large group or multiple generations, not everyone will be interested in the same activities. Be sure to allow for some time to divide and conquer, giving everyone the space for their must-see activities,” she said.

Involving older kids in travel plans is also a smart move, noted Clark.

“If traveling with a teenager, make them a stakeholder in the trip by having them pick activities they’ll enjoy, too,” she said.

Streamlining your gear is a good way to make traveling with small children a breeze.

“If traveling with a young child, downsize your bulky stroller for a simple umbrella stroller to travel—it’s easier to carry, tote and pack,” said Clark.

“Pack by outfits, especially for younger kids,” she added. “Try coordinating pants, shirts, underwear and socks in a stack together with PJs. Repeat for the number of days in the trip and add extras like jackets, as needed.”

©2019 Travelpulse
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Distributed by Tribune Content Agency, LLC

The post New Survey Reveals Holiday Travel Planning Trends appeared first on RISMedia.

NAR Policy Changes Beyond MLS Cooperation

NAR Daily News Magazine - November 12, 2019 - 1:00am

The Board of Directors, at its meeting Monday, took many more actions that affect your membership and business.

From the REALTORS® Conference & Expo, Nov. 8-11, San Francisco

Instagram Is Testing Out Hiding ‘Likes’ on Posts

NAR Daily News Magazine - November 12, 2019 - 1:00am

The move is an effort to “depressurize” social media. But not everyone likes the idea.

A New Educational Partnership for NAR

NAR Daily News Magazine - November 12, 2019 - 1:00am

NAR teams up with Missouri’s Columbia College to build on the legacy of REALTOR® University.

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