Office Closures
Christmas Eve & Day : December 24th and 25th
New Years Eve: December 31st
New Years Day: January 1st
Black Knight reports mortgage originations totaled a record $1.3 trillion in Q3, $867 billion in refinances and $455 billion in purchase loans, each also record highs. First-lien originations are on pace to hit a record $4.4 trillion this year.
CoreLogic tells us homeowners saw their equity gain more than $1 trillion year-over-year in Q3, a 10.8% annual boost. The average equity increase per homeowner was $17,000—the largest in six and a half years.
Flips were down to 6.7% of single-family home and condo sales in Q2, versus 7.5% in Q1, according to Attom Data. Yet gross profit on the typical flip went up to $67,902, pushing the typical return on investment (ROI) to 41.3%!
15 Upcoming Trends That Will Impact The Real Estate Market
Expert Panel®Forbes Councils Member
COUNCIL POST| Membership (fee-based)
With the economy fluctuating, more investors turn to the real estate market because of its resilience. Yet, to get the most out of the real estate market, an investor needs to spot trends before they become apparent to everyone. Over the next one to three years, the real estate market is likely to see a lot of change, from how realtors do business to how people buy houses. Even rental properties are likely to be affected by these trends.
But what are these elusive business opportunities that you should be looking out for? Fifteen members of Forbes Real Estate Council delve into what these trends are and how any investor in the field can make the most of them in the coming years.
1. Increased Demand For More Livable Space
Due to the pandemic, people want more livable space. We have seen a huge increase in demand for residents moving into single-family rental property to gain more indoor and outdoor space attached to their unit, and many are applying sight unseen. With more activities taking place inside the home, homes need to now have space for living, entertainment, career/job work, working out, school and more. - Karen Hatcher, Sovereign Realty & Management LLC
For more trends, click here:
Online Security Tips
Scammers are becoming increasingly sophisticated, and we want to make sure you’re equipped with the resources and information you need to stay safe online.
Here are some best practices for cyber security:
- If you receive an email or text message asking you to update payment or bank account information, contact the sender in question via phone
- Double check the email sender address being used
- Never share your two-factor code
- Never tell anyone your password
- Regularly review audit and history logs to help identify suspicious activity
- Always read emails sent from 3G Properties Group and AppFolio, such as alerts about account changes or password resets. Call us to verify as soon as you see anything suspicious: 940-262-0091 ext. 3
Strong Passwords are the key to fighting online fraud. With the holidays fast approaching and social distancing restrictions in place, many of us may find ourselves gift shopping online more often this year.
Before you shop and access accounts at your favorite stores, it's a great time to review and update your passwords to ensure you remain safe this season.
Here’s four easy ways to keep your passwords safe:
- Create strong, secure passwords. Use a combination of lowercase and uppercase letters, numbers and special characters.
- Don’t share your passwords. If you must share your passwords, be sure that you change them immediately after they have been used.
- Change passwords regularly. We know you’ve heard this before, but a good rule of thumb is to change passwords every 90 days.
·Take advantage of a password manager — a great alternative to writing your passwords down or keeping them on your phone. Click here for some suggestions: https://www.top10cybersecurity.com/password-manager
WE WELCOME A NEW YEAR WITH RENEWED HOPE, OPPORTUNITIES, AND ADVENTURES!
2020 has taught us many lessons, and one of them is definitely how important it is to stay healthy.
Take control of your health
Mind, body, soul, and spirit – getting and staying healthy means everything.
Health goals are one of the most common ideas for New Year’s Resolutions. Unfortunately, so many people struggle to hit them.
If you’ve made health goals that you’ve never hit, fear not. This is the year that you’re getting your health under control!
Step 1: For Sticking with this New Year’s Resolution
The key here is to make your goals realistic and as enjoyable as possible.
For example, if you hate going to the gym, but you need to exercise. Don’t force it.
Instead find a different form of exercise to do.
You can take a dance class, join a martial arts class, go for a run, go bike riding, join a local sports team, get a group of guys together and play some basketball. The options are endless.
Just make sure you choose an activity that you’ll enjoy. That will make getting up to work out much easier on those days when you’d rather sleep in.
Step 2: For sticking with this New Year’s Resolution
Another key is to start small and work your way up to a more intense and full-bodied workout.
Let’s say you want to take up running, but you haven’t run in the last 10 years. If you start out trying to run 10 miles on Day 1, chances are you will hurt yourself, get overwhelmed and quit.
The alternative is to start off by walking or doing a light jog. Do a half mile or a mile on Day 1 and gradually increase your distance as you go.
This gives you time to adjust mentally and physically, thereby making it easier to stick to.
Okay, here are some ideas of how you can turn this resolution into practical goals.
Examples of what this may look like for you:
- Exercise 4 days a week
- Juice every morning Monday – Friday
- Create a self care routine
Create a self care routine
This is one of the most important ideas for New Year’s resolutions.
The weight of our regular responsibilities alone, can be a lot.
Making self care apart of your regular routine, can help you manage the stress of your regular life.
Creating a self care routine can be as simple as recognizing the activities that help you feel most relaxed, and then scheduling time to do it.
The truth is, making the resolutions is the easy part. Sticking with them is where it gets tough.
If you’ve been in the habit of making resolutions that you never stick with, you’re not alone.
In fact, about 80% of people who set New Year’s Resolutions are right there with you.
Thankfully you can change that this year!
Here are 3 things you must do if you’re serious about hitting your New Year’s goals.
- Make them realistic – setting unrealistic goals is the quickest way to fail. Be honest with yourself about where you are currently and then set attainable goals based on that.
- Choose things that you really care about – Choose goals that really resonate with you. Those are the goals that will really motivate you even on the hard days.
- Get an accountability partner – Having someone to hold you accountable for working on your goals can help you stay on target. Choose someone you can trust and who has the discipline to hold you accountable consistently.
- Keep them top of mind – Building your goals into your new routine requires intentionality. Creating a vision board and hanging it somewhere you can see it daily is a great way to stay focused on your goals.
