Sunday, 08 December, 2019

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Luxury Real Estate Headlines: First Week in December 2019 – Sotheby’s International Realty | Blog

12/06/2019 Erik Weinbrecht

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Colorado Springs, Colorado | Anne Dresser Kocur & Katie Williams, LIV Sotheby’s International Realty A Tuscan-Style Home With an Indoor Ice Rink – Wall Street Journal Schitt’s Creek Star Dan Levy Buys 1930s Spanish Villa for $4.13 Million – Architectural Digest How To Incorporate Video Into Your Real Estate Marketing Read more…

Video of the Week: Majestic Residence in Victoria, British Columbia, Canada – Sotheby’s International Realty | Blog

Erik Weinbrecht

Featuring curated videos from the most sought-after destinations the world over, discover this  week’s Video of the Week. [embedded content] Victoria, British Columbia, Canada | Logan Wilson, PREC, Sotheby’s International Realty Canada This property is one of the very few properties that are outside the Victoria Speculation Tax zones. Combining a world class location with lavish construction and contemporary amenities, this property Read more…

Quiz: Which Home Conversion Suits Your Style – Sotheby’s International Realty | Blog

12/05/2019 sothebysrealty

Novara, Italy | Isabella Masserini, Italy Sotheby’s International Realty  Water towers. Fire stations. Enterprising designers and ambitious visionaries can make luxurious homes in the most unique spaces. Whether you’re passing by a schoolhouse conversion or a warehouse retrofit, it can be worth the time to take a flight of fancy: what would it be like to live there? We’ve set ourselves the Read more…

Video of the Week: Majestic Residence in Victoria, British Columbia, Canada – Sotheby’s International Realty | Blog

Erik Weinbrecht

Featuring curated videos from the most sought-after destinations the world over, discover this  week’s Video of the Week. [embedded content] Victoria, British Columbia, Canada | Logan Wilson, PREC, Sotheby’s International Realty Canada This property is one of the very few properties that are outside the Victoria Speculation Tax zones. Combining a world class location with lavish construction and contemporary amenities, this property Read more…

Chic Holiday DIY: Fragrant Herb Chandelier and Custom Treat Bags

11/26/2019 Amy Dobson

Easy handmade decor and trimmings set the scene for a festive holiday get-together. Holiday entertaining is all about one-of-a-kind decor, and we’ve got some show-stopping looks that you can make yourself. You don’t have to be an expert crafter to accomplish these easy DIY projects. Creating a custom hanging herb chandelier and dessert takeaways will really impress your guests at Read more…

The Secret to No-Fuss Holiday Decor? Use What You Already Have

Amy Dobson

Holiday decorating can be as simple as dusting off your flower vases, unrolling a spool of burlap and polishing your silver. Hold your holiday decor horses! Before you purchase gobs of tinsel and piles of twinkle lights, take another look at items you already have — they may be the holiday embellishment you’ve been looking for. By hunting through your Read more…

History And Housing Discrimination: Why Neighborhoods In The United States Are Still So Segregated

12/04/2019 Rakeen Mabud

Last month, Newsday released the shocking results of a three year undercover investigation that found rampant housing discrimination on Long Island, NY. Real estate agents frequently funneled white applicants to neighborhoods that were majority white and more affluent, while they sent applicants of color to more racially diverse and less affluent areas. The investigation found that Black applicants faced unequal Read more…

Why It’s More Than A Day At The Park For Crow Holdings

Tom Pfister

An aerial view of the downtown skyline of Dallas, Texas in 2019 Getty Reforestation is underway in Dallas parks with the replanting of trees lost from severe weather earlier this year. An unprecedented 700 trees were lost in parks alone. The devastation to the city’s mature trees is estimated to amount to 15,600 caliper inches of trunk diameter, as reported Read more…

Tech-based home insurance provider Openly launches – HousingWire

11/27/2019 Housing Wire

Just in time for the holidays, Openly launched on Tuesday, equipped with $7.6 million from its seed round of funding. The tech-enabled home insurance provider likely has Gradient Ventures on its list of things to be thankful for, as Google’s AI-focused venture fund led the funding round.  According to Openly, the company aims to empower agents and simplify the home Read more…

Freddie Mac: Here’s what to expect from the housing market in 2020 and beyond – HousingWire

Housing Wire

Just over a year ago, mortgage rates nearly hit 5%, levels that hadn’t been seen since the early part of this decade. But as we get ready to move into a new decade, mortgage rates are more than a full percentage point lower than that, comfortably back in the 3-4% range. And according to a new forecast from Freddie Mac, Read more…

Homebuilders aren’t keeping up with millennials

12/06/2019 brian coester

Homebuilders aren’t building enough for millennials That generation is expected to be the largest single cohort of homebuyers next year, but the nation’s homebuilders are not keeping up. This is already exacerbating the shortage of homes for sale and for rent nationwide, but will especially hurt affordability for millennials (those born between 1981 and 1997). While the majority of both Read more…

Home prices might turn negative in some markets

12/04/2019 brian coester

CNBC’s Diana Olick reports on a surprising downbeat forecast for the 2020 housing market from one of the largest names in real estate. Tom Farley, chairman and CEO of Far Point and former NYSE president, and Joe Terranova, senior managing director for Virtus Investment Partners, join “Squawk Box” to discuss. 01:58 Wed, Dec 4 20197:32 AM EST

October Refi Share Highest in Four Years

11/21/2019 brian coester

The boom continued in October as more than half of the loans closed during the month were for refinancing. According to Ellie Mae’s Origination Insight Report, those loans accounted for 51 percent of the total originated on its system, the highest percentage since March 2015.  The share was 2 percentage points higher than in September. The average note rate for Read more…

MBS Day Ahead: Market Watchers Becoming Security Guards, Trying to Stay Awake

brian coester

Much of 2019 has been “interesting” from an analytical standpoint.  Things were happening.  Markets were reacting.  Movement was big and directional.  Even as recently as 2 weeks ago, we had quite a lot to talk about with respect to the important rate ceilings in the 1.9% range being broken (10yr Treasury).   Hindsight made it clear that the potential range breakout Read more…

Greater Vancouver Households Are Going Broke Mega Fast | Better Dwelling

12/06/2019 Daniel Wong

Having trouble keeping up with your bills? So are a lot of people in Greater Vancouver these days. Office of the Superintendent of Bankruptcy Canada (OSB) filings show more people are becoming insolvent in Q3 2019. Greater Vancouver has seen a trend of growth for insolvencies over the past year, but the most recent quarter shows it’s accelerating. Insolvencies Vs. Read more…

Toronto Household Debt Problems Surface, Insolvencies Rise Over 26% | Better Dwelling

Daniel Wong

Greater Toronto households are starting to show a few cracks, after a big debt binge. Office of the Superintendent of Bankruptcy Canada (OSB) filings show insolvencies jumped in Q3 2019. The Greater Toronto region isn’t just showing a large climb for insolvencies. It’s been accelerating recently as well. Insolvencies Vs. Bankruptcies Insolvencies come in two flavors – consumer proposals and Read more…

A New Deputy Secretary for HUD?

bcoester

On Tuesday, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to discuss the nomination of Brian Montgomery as Deputy Secretary of the Department of Housing and Urban Affairs. Under this role, Montgomery, who also serves as HUD’s Assistant Secretary for Housing and Federal Housing Commissioner, would manage the day-to-day operations of the agency and assist Read more…

Mortgage Servicing: Keeping Up With the Consumer

bcoester

Dana Dillard, EVP, Corporate Social Responsibility at Mr. Cooper, recently spoke with DS News about the struggles with keeping their customers in the loop. “Most customers don’t understand very much about their mortgage,” Dillard said. “We’re trying to build technology around it, but its complex, so how can we offer automation, how can we be efficient, how can we be Read more…