Relevant News Links – Sept 25th

RNL

“I never blame myself when I’m not hitting. I just blame the bat and if it keeps up, I change bats. After all, if I know it isn’t my fault that I’m not hitting, how can I get mad at myself?”  ~ Yogi Berra

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The Surprisingly Close Relationship Between Housing Sales and Housing Starts

For the last forty years the number of new houses built privately has been almost exactly one-tenth the total number of houses bought and sold in a given year

http://www.motherjones.com/kevin-drum/2015/09/chart-day-surprisingly-close-relationship-between-housing-sales-and-housing-start

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Nation’s crawling housing market continues to stabilize

Housing posts best annual improvement since 2005

http://www.housingwire.com/articles/35135-freddie-mac-while-slow-housing-continues-to-stabilize

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U.S. Housing May Get Bigger Than Expected Demand Boost Over Next Decade

Housing demand could well average 1.6 million units a year over the coming decade, according to a new study by the Mortgage Bankers Association.

http://www.forbes.com/sites/billconerly/2015/09/21/new-housing-demand-16-million-units-in-coming-decade/

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How will a rate hike help the housing market?

Jeff Taylor of Digital Risk discusses the how an interest-rate increase can help the housing market and the U.S. economy.

http://video.foxbusiness.com/v/4498855649001/how-will-a-rate-hike-help-the-housing-market/?#sp=show-clips

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Here’s Proof That Housing May Be Turning a Corner

he ability to get a mortgage has been one of the biggest obstacles to the housing market since the financial crisis, as only the most qualified borrowers were able to get a home loan. Now, that’s changing

http://www.bloomberg.com/news/articles/2015-09-18/here-s-proof-that-housing-may-be-turning-a-corner

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Former military houses in Seattle’s Discovery Park go on market

The first of 26 historic homes in Seattle’s Discovery Park went on the market Thursday for $799,000 after a Canadian developer renovated the former military housing at Fort Lawton.

http://www.seattletimes.com/business/real-estate/discovery-park-housing-goes-on-the-market/

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Portland council may insist on affordable housing units in big projects

A proposed ordinance rejected by the city’s Planning Board may have enough support from councilors to become law

http://www.pressherald.com/2015/09/21/portland-council-may-insist-on-affordable-housing-units-in-big-projects/

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Real-Estate ‘Pocket Listings’ Go Mainstream

Selling a home without advertising to the public, long popular with celebrities, is gaining credence in major U.S. cities, data show

http://www.wsj.com/articles/real-estate-pocket-listings-go-mainstream-1443115265

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California’s Housing Gold Rush Driving Demand for Jumbo Loans

Because of California’s exorbitant home prices, house hunters who finance a purchase will most likely need a jumbo loan

http://www.wsj.com/articles/californias-housing-gold-rush-driving-demand-for-jumbo-loans-1443019897

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The Super Cool ‘Disappearing’ Pool

It is straight out of James Bond: Push a button, and the backyard patio begins to sink. Water rushes in. In less than 10 minutes, you’re staring at your secret swimming spot.

http://www.wsj.com/articles/the-super-cool-disappearing-pool-1443018218

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‘Simpsons’ Co-Creator’s Estate With Neutra-Designed Home Asks $18 Million

Sam Simon’s property in Pacific Palisades, Calif., has two houses, one of which is an architecturally important 1948 home

http://www.wsj.com/articles/simpsons-co-creators-estate-with-neutra-designed-home-asks-18-million-1443124168

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America’s best beer towns

If you’re looking to celebrate Oktoberfest this year, think small town America. Portland #10!

http://money.cnn.com/gallery/real_estate/2015/09/24/best-beer-towns-oktoberfest/index.html?section=money_realestate

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Weekly mortgage applications surge 13.9% on rate dips

The high drama leading up to and following the Federal Reserve’s decision not to raise interest rates had mortgage borrowers and their lenders busy last week.

http://www.cnbc.com/2015/09/23/weekly-mortgage-applications-surge-139-on-rate-dips.html

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Chase Mortgage CEO red flags FHA loans

JPMorgan Chase may be the second-largest mortgage lender in the nation, but when it comes to government-backed, low down-payment Federal Housing Administration loans, it’s not even in the top 100

http://www.cnbc.com/2015/09/21/chase-mortgage-ceo-red-flags-fha-loans.html

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Fed, jobs could drop more rate clues in week ahead

Strong or weak, September’s jobs report could sway the debate in the week ahead about when the Federal Reserve will hike rates, while markets also watch Washington to see if the budget battle is going to get any worse

http://www.cnbc.com/2015/09/25/fed-jobs-could-drop-more-rate-clues-in-week-ahead.html

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Federal Reserve opts to keep interest rates near zero

FOMC’s ‘dot plot’ suggests one interest-rate hike before the end of the year

http://www.marketwatch.com/story/federal-reserve-opts-to-keep-interest-rates-near-zero-2015-09-17

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So why all the fuss over what Janet Yellen said?

During a speech Thursday in Amherst, Massachusetts, Federal Reserve Chair Janet Yellen sent a message to the financial markets that the U.S. central bank remains on track to raise interest rates before the end of the year.

http://www.cnbc.com/2015/09/25/so-why-all-the-fuss-over-what-janet-yellen-said.html

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Fed blowing its chance to raise rates: Economist

Maintaining zero interest rates for so long is creating a scenario in which containing risks “becomes virtually impossible,” according to an analysis from a former Fed official

http://www.cnbc.com/2015/09/24/fed-blowing-its-chance-to-raise-rates-economist.html

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The New Closing Rules, CFPB officially announced that the effective date of the implementation of the rule was delayed until October 3, 2015

Watch the July 16, 2015 webcast on changes to the closing process, with NAR Senior Counsel Finley Maxson.

http://www.realtor.org/topics/trid-tila-respa-integrated-disclosure

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This Neighbor Battle Is a Real Chicken Fight

You’ve read about bad neighbors, and you’ve probably had your own run-ins with lousy ones. For Stacy Williams, the six chickens in her backyard in Omaha, NE, are a blessing. But to the next-door dwellers, Brad and Lynn Perry—not so much.

http://www.realtor.com/news/trends/omaha-neighbors-fight-over-chickens/

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New-Home Sales at Highest Level Since 2008

Sales of newly built single-family homes increased nearly 6 percent in August, reaching a seasonally adjusted annual rate of 552,000 units, the Commerce Department reported Thursday

http://realtormag.realtor.org/daily-news/2015/09/25/new-home-sales-highest-level-2008

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Realtors® Help CFPB Director Cordray Unveil New Know Before You Owe Online

the CFPB rolled out a set of online tools to help consumers get better acquainted with what the Know Before You Owe initiative means for them

http://www.realtor.org/news-releases/2015/09/realtors-help-cfpb-director-cordray-unveil-new-know-before-you-owe-online-tools

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CFPB Director Cordray Unveil New Know Before You Owe Online Tools

Consumer Financial Protection Bureau Director Richard Cordray today joined National Association of Realtors® 2015 First Vice President-Elect Elizabeth Mendenhall to highlight the agency’s Know Before You Owe initiative in advance of upcoming changes to the mortgage closing process

http://www.realtor.org/news-releases/2015/09/home-buying-process-involves-greater-technology-realtor-use

See the Infographic!

http://www.realtor.org/infographics/real-estate-in-the-digital-age

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Property Taxes Are on the Rise

Property tax collections have increased nearly $13 billion or by nearly 3 percent over the past year, according to a new analysis by the National Association of Home Builders.

http://realtormag.realtor.org/daily-news/2015/09/25/property-taxes-are-rise

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Facebook Rolls Out 3-D Video Capability

Now you can show off your real estate listings in 3-D on Facebook.

http://realtormag.realtor.org/daily-news/2015/09/24/facebook-rolls-out-3-d-video-capability

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The MarketPulse

The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics

http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS

Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.

http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis

U.S. Economy at a Glance

http://www.bea.gov/index.htm

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U.S. Housing Market Tracker

The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.

http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive

Compilation of Weekly Survey Data for 2015

http://www.freddiemac.com/pmms/archive.html

Continuing Education Courses & Additional Training Classes

cont ed

Coldwell Banker Bain | Seal is dedicated to strengthening the knowledge of their real estate brokers in the Pacific Northwest, by providing FREE Continuing Education (CE) classes & additional training opportunities.  If you are a real estate broker with Coldwell Banker Bain -or- Coldwell Banker Seal and are looking for clock hours to renew your license, or just need to brush up on your marketing or tech skills, check out the info below.   Note:  We add courses on a regular basis. Please plan ahead by pre-registering and referencing these calendars.  Also, some classes includes clock-hours and others do not — remember to double check before registering!

http://cbbainsealtraining.eventbrite.com/

Coldwell Banker BAIN – Live Classes & Online Webinars:

Coldwell Banker SEAL – Live Classes and Online Webinars:

 

Non CB Bain | CB Seal Clock Hours:
Below is more information about upcoming real estate clock hours if you need to get clock hours.  NOTE: some of these classes will cost money and are not affiliated with Coldwell Banker Bain or Coldwell Banker Seal.

What I learned at GENBLUE 2015, I’ll share with YOU!

 

This year was my first time attending GenBlue.  Here are a few words I’ll use to describe it: Creative, Inspirational & Stimulating!  Why?  Well, my perspective was different from the average “broker” — My goal was to find out about the “state of the art” tools that CB National and their partners had to offer.  That way I could learn, first hand, how the systems are used to then be able to share that information with our CBBainSeal brokers.  Ultimately, it was a whirl wind of excitement.

 

What classes I attended?

  • A Match Made in Heaven: How Social Media and Content Marketing Can Help You Build Lasting Relationships – Alexandra Kozinski-Lee & Victoria Lee
  • Using REALTOR® Property Resource – Like a Boss! – by Lisa Turner
  • The Realtor’s Toolbox: Tools, Tips & Techniquest to Build Your Business – by Sean Carpenter
  • Capturing the Google Referral – by Lindsay Litsanski
  • Working the Cloud – by Rob Mehta
  • Your Cyber Self: Managing & Protecting your Digital Reputation – Panel by Lindsay Litsanski (featuring Chavi Hohm)
  • Get Smart about Smart Homes: Straight from the Lips of GOOGLE – by Ben Brown
  • Bag of Tricks: Rundown of the Top Tools – Panel ran by David Marine (featuring Michael Ackerman)

 

My favorite speakers?

Lindsay Listanski for her energy/charisma &  Rob Mehta for his comprehensive knowledge of different broker tools and how to use them.

 

10 Tips to Keep you IN THE KNOW

  1. Participate in the Regional Blogging Program – email Tori.Lee@coldwellbanker.com (write for the national “Blue Matter Blog” that has over 1 million readers)
  2. Share your listing photo on Coldwell Banker’s Instagram Account – email ahk@coldwellbanker.com (@coldwellbanker.com with 10,000 followers)
  3. Put your property on CB National’s “Home of the Week” – email ahk@coldwellbanker.com (they will create a YouTube video & blog post about your listing)
  4. Everyone has 5 needs:  physiological, safety, love/belonging, self-esteem, self-actualization
  5. RPR’s (www.narrpr.com) has a mobile app and links info from www.GreatSchools.com along with additional parcel data! (for Seal brokers, not Bain brokers)
  6. CBx is now available on all “tablet” platforms!  Apple/Mac, Google/Android & Microsoft/Windows
  7. Build the “Prospecting Pyramid” — if you don’t know what it is, find out from Sean Carpenter (http://www.carpscorner.net/Toolbox/)
  8. Google yourself! Not just the the web results, but also the Images & Videos.  If there’s anything out of date, go to all of your profile pages and UPDATE your info, just make sure to make them all a little different to target the specific platforms’ consumer.  And if you want to GET RID of unwanted results, use www.bit.ly/RepHelp.  Check out additional tips at:  http://www.coldwellbankeruniversity.com/DigitalReputation/
  9. You can pay Yelp $500 and they will send a professional Videographer to create a short film about your business.  They will post this on Yelp which will bring your SEO higher on their search!  Also, read the “Ritz Carlton” manager responses to find response ideas to your mediocre online reviews.
  10. Google has created a new WiFi router.  It is called ONHUB and it will definitely be my next home purchase!

 

10+ Recommended Tools to Use?

  1. Website Platforms:  Studio Press, Agent Revolution (both works with WordPress), Strikingly, Webs.com, OnePager, SquareSpace
  2. Photo editing software:  use Aviary or Exposio (both FREE)
  3. Newsletters:  Mailchimp or Happy Grasshopper
  4. Virtual assistant:  Fancy Hands (logo design), Free Lancer, Zirtual, Design Crowd or Fiverr (pay someone $5 to do a task for you)
  5. Money manager:  Mint (FREE)
  6. Prospecting: AdWorks (place ads in zipcode & follow a consumer’s website traffic), Facebook Ads, BombBomb (send video email)
  7. CRM:  Contactually (this was mentioned only a couple of times but one of the presenters, who is a RE business consultant, said it is the best CRM program out there!)
  8. Physical devices:  anything cloud, the Clever Grip & an electronic measuring device
  9. Listing Presentations:  CBx (everyone on one of the panels used this and raved about it!)
  10. Call direct to voicemailSLYDIAL

 

What made me cry?

 

Final thoughts…

Coldwell Banker is invested in their agents/brokers/managers.  The team is not only professional but FUN too!  If you didn’t have the chance to participate, I would recommend to start saving up NOW for next year’s #GenBlue2016!

Lastly, a special thank you too all of our BainSeal brokers who spoke or held a seat on the session panels, lent a hand on the Social Media Squad and engaged us all on social media, but especially to all who made it out to Chicago.  May your time and efforts be rewarded with an abundance of business!

Relevant News Links: Friday, Sept 18th

RNL

“People don’t notice whether it’s winter or summer when they’re happy.”   ~ Anton Chekhov

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Coldwell Banker Homes for Dogs Project: The Story of Owen & Haatchi
Here it is. The amazing story of a boy and his adopted dog as seen at the Chicago Theater as part of the opening of the Generation Blue Experience. Congrats to all for your helping in achieving our goal of finding homes for 20,000 adoptable dogs in 2015!
https://youtu.be/U4-pN7TfPnQ

We’ve teamed up with Adopt-a-Pet.com, North America’s largest non-profit pet adoption website, to help 20,000 adoptable dogs find a loving home this year.  http://blog.coldwellbanker.com/adoptapet/

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Top 100 Best Places to Live
Bellevue #2, Ashland 18, Olympia #20, Kirkland 25, Corvallis 38,  Bend 53, We ranked more than 2,000 cities with populations between 20,000 and 350,000 to come up with our third annual Top 100 Best Places to Live. This is a data-driven list based on more than 40 data points.
http://www.livability.com/best-places/top-100-best-places-to-live/2016

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Forget Smart Home. The “Thoughtful Home” is the Future
How the tech in our home makes us feel is the key to the home of the future.
http://blog.coldwellbanker.com/forget-smart-home-the-thoughtful-home-is-the-future/

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Frothy, yes, but don’t call it a housing bubble
Home prices are overheating again. In fact, twice as many metropolitan markets were considered “overvalued” in the second quarter of this year as compared to the first three months, according to a new report from CoreLogic
http://www.cnbc.com/2015/09/15/frothy-yes-but-dont-call-it-a-housing-bubble.html

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The Smartest Ways to Network at a Party
Reading a room is a skill that can be learned; a guide to nonverbal cues like how people stand or hold their hands
http://www.wsj.com/articles/the-smartest-ways-to-network-at-a-party-1442249499

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7 Amazing Garage Remodel Ideas to Make it More than a Storage Space
Not parking your car in the garage? Then consider transforming it with one of these garage remodel ideas!
http://blog.coldwellbanker.com/7-amazing-garage-remodel-ideas-to-make-it-more-than-a-storage-space/

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The Best Day of the Year to Buy a Home
Out of 109 Metro Areas Analyzed, 37 Had Their Best Day to Buy in the Fall Months of September, October and November
http://finance.yahoo.com/news/best-day-buy-home-174709617.html

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Some Great Reasons to Keep Your Home On The Market This Fall
With Halloween almost here and thoughts of the Holidays now entering our minds, there is often a tendency among sellers at around this time to assume that their chances of a sale this side of Christmas are diminishing. Some will even temporarily leave the market on this assumption.
https://www.linkedin.com/pulse/20141029153253-11118696-some-great-reasons-to-keep-your-home-on-the-market-this-fall

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Homes With Smokin’ Hot Kitchens
Inside the kitchens of listings in Australia, Italy and California.
http://www.wsj.com/articles/homes-with-smokin-hot-kitchens-1442412411

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Priciest housing markets getting further out of reach
Fewer median home buyers can afford houses in the least affordable cities
http://www.cnbc.com/2015/09/17/priciest-housing-markets-getting-further-out-of-reach.html

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Mouth-Watering Kitchens
As part of our annual Foodie Home issue, we’ve cooked up a collection of delicious kitchens from the pages of Mansion in The Wall Street Journal.
http://graphics.wsj.com/image-grid/kitchens-luxury-homes/

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Cabins, the New American Dream
According to legend, the humble dwellings are ideal launchpads for remarkable lives, but lately they’ve become homes to aspire to.
http://www.nytimes.com/2015/09/15/t-magazine/cabin-homes-new-american-dream.html?emc=edit_tnt_20150915&nlid=68153968&tntemail0=y

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The Fed did nothing. What now?
The Federal Reserve once again sat tight and left interest rates near zero — where they have been since December 2008. Maybe the Fed’s favorite indie rock band is The Hold Steady?
http://money.cnn.com/2015/07/15/investing/federal-reserve-janet-yellen-house-testimony/index.html

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The Housing Market’s Chicken-Or-Egg Conundrum
These days, it’s the homebuyer. Yesterday, the Federal Reserve kept a lid on interest rates, citing the housing market’s slow recovery as one cause for concern. Chair Janet Yellen said housing is “very depressed” and  “demand for housing should be there.”
http://www.forbes.com/sites/redfin/2015/09/18/the-housing-markets-chicken-or-egg-conundrum/

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Yellen still thinks Fed will raise rates this year
Federal Reserve chair Janet Yellen is still doing her best impersonation of someone at NASA’s Mission Control. She’s preparing the market for an eventual liftoff for interest rates.
http://www.cnbc.com/2015/09/11/consumers-may-have-just-killed-a-sept-rate-hike.html

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Federal Reserve opts to keep interest rates near zero
FOMC’s ‘dot plot’ suggests one interest-rate hike before the end of the year
http://www.marketwatch.com/story/federal-reserve-opts-to-keep-interest-rates-near-zero-2015-09-17

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Janet Yellen Sees a ‘Very Depressed’ Housing Market
The Fed chief noted that housing is a small but important sector of the economy
http://www.bloomberg.com/news/articles/2015-09-17/janet-yellen-sees-a-very-depressed-housing-market

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Getting a Marine Loan to Finance a Yacht Purchase
Borrowers looking to finance a $350,000-plus yacht often compare the application process to that of a jumbo mortgage.
http://www.wsj.com/articles/getting-a-marine-loan-to-finance-a-yacht-purchase-1442413980

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Here’s what home buyers are telling builders: Go big
Gourmet kitchens, a spacious master bathroom, an outdoor covered patio: These are all must-haves for a great house in the Puget Sound region, according to the most active home builders on our annual list.
http://www.bizjournals.com/seattle/morning_call/2015/09/heres-what-home-buyers-are-telling-builders-go-big.html?iana=ind_rre

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Rent control resolution fails to move through Seattle City Council
Seattle’s rising rents and home prices have generated much discussion and debate in the city over the past few years and recently, rent control has been presented as a possible solution to the issue.
http://www.bizjournals.com/seattle/blog/2015/09/rent-control-resolution-fails-to-move-through.html?iana=ind_rre

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Demolition debate hits Portland mayoral race as neighbors cling to Southeast trees
As Southeast Portland neighbors rally to save decades-old trees that a developer is considering knocking down for new housing units, the issue of residential demolition has landed squarely in the 2016 mayoral campaign
http://www.bizjournals.com/portland/blog/real-estate-daily/2015/09/demolition-debate-hits-portland-mayoral-race-as.html

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Realtors® Help CFPB Director Cordray Unveil New Know Before You Owe Online
The CFPB rolled out a set of online tools to help consumers get better acquainted with what the Know Before You Owe initiative means for them
http://www.realtor.org/news-releases/2015/09/realtors-help-cfpb-director-cordray-unveil-new-know-before-you-owe-online-tools

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Real Estate in a Digital Age
This report takes a look at how buyers use technology to search for homes and how REALTORS® use technology to get ahead.
http://www.realtor.org/news-releases/2015/09/home-buying-process-involves-greater-technology-realtor-use

See the Infographic!
http://www.realtor.org/infographics/real-estate-in-the-digital-age

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Urban Populations Are Growing Faster Than Ever
This infographic looks at the reasons for recent population growth in cities in the U.S.
http://www.realtor.org/infographics/urban-populations-are-growing-faster-than-ever

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August 2015 Foot Traffic
Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future. This infographic shows the latest index data along with trends and changes.
http://www.realtor.org/infographics/august-2015-foot-traffic

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Suit Accusing Dakota Co-op Board of Bias Against Blacks and Hispanics Fails
Suit Accusing Dakota Co-op Board of Bias Against Blacks and Hispanics Fails
http://www.nytimes.com/2015/09/16/nyregion/suit-accusing-dakota-co-op-board-of-bias-against-blacks-and-hispanics-fails.html?emc=edit_tnt_20150915&nlid=68153968&tntemail0=y&_r=0

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html

Relevant News Links: Friday, Sept 11th

RNL

“I define success as being the best, authentic me that I can be.”  ― Leeky Behrman, September-11-Suvivor 

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At World Trade Center Towers, Outside Is In
New buildings incorporate terraces and are designed to engage with the surrounding city
http://www.wsj.com/articles/at-trade-center-towers-outside-is-in-1441937197

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Summer slowdown skips Seattle housing
Record-tight supply and rising buyer demand are adding up to serious frustration in Seattle’s housing market. Millennials, military families and relocating workers are adding to already pent-up demand in the market, which has limited space for new construction.
http://www.cnbc.com/2015/09/10/summer-slowdown-skips-seattle-housing.html

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Fannie Mae revamps mortgage program
Fannie Mae is overhauling its mortgage program for low- to moderate-income households to better accommodate today’s financial and familial realities.
http://www.nytimes.com/2015/09/06/realestate/fannie-mae-revamps-mortgage-program.html?_r=1

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Americans deserve a better housing policy for the 21st century
For more than 50 years, U.S. housing policy has relied on looser and looser mortgage lending standards to promote broader homeownership and accomplish wealth accumulation, particularly for low- and middle-income households.
http://thehill.com/blogs/congress-blog/economy-budget/252954-americans-deserve-a-better-housing-policy-for-the-21st

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The Construction Industry Struggles to Rebuild its Worker Ranks
While debate rages on about whether demand or supply factors are more to blame for the sluggish home-construction recovery, most industry observers and participants agree on at least one point: Construction labor is in short supply
http://blogs.wsj.com/economics/2015/09/11/the-construction-industry-struggles-to-rebuild-its-worker-ranks/

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Welcoming the Season of Fall, Football and Fire Pits at Home
Check out these 7 Amazing Backyard Fire Pits
http://blog.coldwellbanker.com/welcoming-the-season-of-fall-football-and-fire-pits-at-home/

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House Hunting in … Costa Rica
The market in the Guanacaste region of Costa Rica stalled in 2008, when the economy crashed in the United States, but prices have since stabilized.
http://www.nytimes.com/2015/09/10/realestate/real-estate-in-costa-rica.html?emc=edit_tnt_20150909&nlid=68153968&tntemail0=y

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Will the New Apple TV Be the Killer Smart Home Device?
Could this be the one device to rule the smart home?
http://blog.coldwellbanker.com/will-the-new-apple-tv-be-the-killer-smart-home-device/

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Investors snapping up new homes for rentals
It was widely deemed a temporary play: Large-scale investors buying thousands of discounted foreclosed properties during the worst of the housing crash and turning them into single-family rentals
http://www.cnbc.com/2015/09/10/investors-snapping-up-new-homes-for-rentals.html

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Consumers may have just blocked a Sept rate hike
If there was any doubt beforehand, a key economic number Friday finally may have taken September off the table for an interest rate hike
http://www.cnbc.com/2015/09/11/consumers-may-have-just-killed-a-sept-rate-hike.html

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BlackRock’s bond king: Normalize rates or else …
The Federal Reserve should hike interest rates at its meeting next week and should have done so three to six months ago, BlackRock’s Rick Rieder said Tuesday.
http://www.cnbc.com/2015/09/08/blackrock-rieder-says-fed-should-have-hiked-rates-already.html

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If mortgage rates go to 6%, here’s what happens to housing
When it comes to interest rates, what goes down eventually must go up.
http://www.cnbc.com/2015/09/11/if-mortgage-rates-go-to-6-heres-what-happens-to-housing.html

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Vacasa’s quest to be the only vacation rental company you need
Vacasa is a vacation rental service that offers home owners a turn-key service for marketing, booking and maintaining properties. For consumers its a one-stop place for booking a vacation rental.
http://www.bizjournals.com/portland/blog/techflash/2015/09/vacasa-s-quest-to-be-the-only-vacation-rental.html?iana=ind_rre

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Why It’s Harder to Sell Your Home in an Election Year
The uncertainty of a looming election can cause a dip in home sales, especially if the race is close.
http://www.wsj.com/articles/why-its-harder-to-sell-your-home-in-an-election-year-1441901530

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Love It and Lease It: Rent-to-Own Luxury Homes
A rent-to-own luxury home may help potential homeowners buy some time before it’s buying time.
http://www.mansionglobal.com/articles/9416-love-it-and-lease-it–rent-to-own-luxury-homes

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Home Building Fails to Keep Up With Labor Market
Low new-home construction is driving up prices
http://www.mansionglobal.com/articles/9394-home-building-fails-to-keep-up-with-labor-market

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San Francisco’s lonely private island has dramatically reduced its price tag
Auto buffs and developers are installing electronic car turners to help address narrow driveways or to boost the bling factor
http://www.news.com.au/finance/real-estate/san-franciscos-lonely-private-island-has-dramatically-reduced-its-price-tag/story-fndban6l-1227517469160

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Garage Turntables Take Your Car for a Spin
A wall of Chinese money is heading for global real estate as local investors look for alternatives to the country’s crashing stock markets.
http://www.wsj.com/articles/garage-turntables-take-your-car-for-a-spin-1441896527

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Volatile Stocks Spook Luxury-Home Buyers
Wild swings in the U.S. stock market over the past few weeks have prompted many high-end house hunters to rethink their purchases
http://www.wsj.com/articles/volatile-stocks-spook-luxury-home-buyers-1441894716

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Moby’s Peaceful Home Among the Pines
The musician Moby bought a home in the Los Feliz area of Los Angeles last September. Just steps from Griffith Park, where he hikes in the evenings, he planted his own pine garden around the property
http://www.wsj.com/video/moby-peaceful-home-among-the-pines/1D530EEE-41BE-48C3-8F8B-3EB60ED3C44C.html

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Lessons From Artists on Hanging Art
Four ways that painters, architects and other creatives relax the ‘rules’ when it comes to displaying painting, prints and sculptures
http://www.wsj.com/articles/lessons-from-artists-on-hanging-art-1441132411

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Seahawks’ Russell Wilson buys $6.7 million waterfront mansion in Bellevue, report says
Seahawks quarterback Russell Wilson purchased a $6.7 million waterfront mansion along Lake Washington a month after signing his $87.6 million contract, TMZ reported Wednesday.
http://www.seattletimes.com/sports/seahawks/seahawks-russell-wilson-buys-67-million-waterfront-mansion-in-bellevue-report-says/

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NAR Study: New Home Construction Trailing Job Growth in Majority of Metro Areas
Despite job growth in recent years, new home construction is too low in most metro areas, feeding housing shortages and unhealthy price growth.
http://www.realtor.org/news-releases/2015/09/nar-study-new-home-construction-trailing-job-growth-in-majority-of-metro-areas

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Lenders say they’re easing mortgage terms. But statistics suggest otherwise.
Everybody knows how important credit scores are to obtaining a home mortgage. But are lenders lately playing a numbers game with consumers — claiming they’re willing to accept lower scores while actually approving applicants with higher scores on average than they did last year or even earlier this year?
http://www.washingtonpost.com/realestate/lenders-say-theyre-easing-mortgage-terms-but-statistics-suggest-otherwise/2015/09/08/939aa1a0-562a-11e5-abe9-27d53f250b11_story.html

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How to Renovate Your House to Age in Place
Consider widening the doorways, installing grab bars and adding other helpful features.
http://money.usnews.com/money/personal-finance/articles/2015/09/10/how-to-renovate-your-house-to-age-in-place

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html

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Summer slowdown skips Seattle housing
Record-tight supply and rising buyer demand are adding up to serious frustration in Seattle’s housing market. Millennials, military families and relocating workers are adding to already pent-up demand in the market, which has limited space for new construction.
http://www.cnbc.com/2015/09/10/summer-slowdown-skips-seattle-housing.html