Tue.Oct 12, 2021

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CRMLS relaunches “submit offer” feature

Housing Wire

California Regional MLS announced the relaunch of their integrated “submit offer” feature on Tuesday. CRMLS, the country’s largest MLS , services more than 110,000 real estate professionals in southern California. The relaunch comes in response to demand for the feature from real estate professionals using CRMLS. “Submit offers” will be available to users on CRMLS Matrix, Paragon and Flexmls.

MLS 396
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Don’t Wait for a Lower Mortgage Rate – It Could Cost You

Keeping Current Matters

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out, rest assured today’s mortgage rates are still worth taking advantage of.

Mortgages 266
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Lenders are courting self-employed borrowers again

Housing Wire

Mortgage credit availability increased for the third consecutive month in September, but is still 30% below the pre-pandemic level, according to a report released Tuesday by the Mortgage Bankers Association (MBA). Much of the growth in credit availability has come from loans that cater to self-employed borrowers, who were left in the cold by most lenders during the pandemic.

Loans 495
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Canada’s Real Estate Bubble Grew Faster Than Any G7 Country In The Past 30 Years

Better Dwelling

Canadian home prices just keep rising at a faster and faster rate. US Federal Reserve (The Fed) data shows real home prices in the country surged in Q2 2021. Actually, that’s really underselling what happened. Residential real estate prices in Canada are growing at the fastest rates in the G7. Not just over the past […]. The post Canada’s Real Estate Bubble Grew Faster Than Any G7 Country In The Past 30 Years appeared first on Better Dwelling.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Redwood Trust plants flag in the massive home equity market

Housing Wire

Redwood Trust CEO Christopher Abate laid out a bold vision of growth for the real estate investment trust at an investor conference in New York City last month. Part of that vision included finding ways to tap into the nation’s multitrillion-dollar pool of home equity. To that end, Redwood Trust has partnered with Point, a fintech firm that provides homeowners who may not otherwise qualify for a home-equity loan with a path to tapping the equity in their homes.

Equity 381

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PNC Bank breached COVID-19 payment deferral agreement: suit

Housing Wire

PNC Bank allegedly breached Fannie Mae ’s COVID-19 payment deferral agreement by continuing to charge homeowners who opted for the home retention option for past-due monthly principal and interest payments. A national class action-seeking lawsuit filed in Maryland federal court claims that PNC double-charged borrowers for their past-due principal payments and thus improperly increased the amount of their mortgages.

Banks 381
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Inside a Sophisticated 1920s Manor in California

Sotheby's International Real Estate

In the early 20th century, the award-winning team of David J. Witmer and Loyall F. Watson—celebrated architects of the American Southwest—designed numerous public buildings and private residences, which earned them renown for outdoor living spaces and homes that that encourage a relationship with their natural environment. That connection is readily apparent in this stately manor, which was built in 1929 for the Henry W.

Brokerage 125
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Building the next generation of tech: Three ways to digitize home lending

Housing Wire

Purchasing a home is one of the biggest investments most people will make in their entire lives, but the complexity of securing a mortgage can be a grueling and fractured process for first-time homeowners. At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance.

Lending 370
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Stable Conditions for Construction Job Openings

Eye on Housing

In the August labor market data, job openings for the overall economy remained elevated at 10.4 million open positions. What had been a challenge in certain sectors, like construction, continues as a broad labor access issue as businesses seek workers as the economy expands. The count of open construction jobs was stable at 344,000 unfilled positions, according to data from.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Canadian Bond Yields Hit Pre-Pandemic Levels, A Sign Higher Mortgage Rates Are Near

Better Dwelling

The Canadian bond market is sending real estate a message — credit is going to tighten. Government of Canada (GoC) 5-year bond yields hit the highest level in a year today. Yields for the segment are now triple the level they were last year. Since GoC bond yields influence mortgage rates, this will drive the […]. The post Canadian Bond Yields Hit Pre-Pandemic Levels, A Sign Higher Mortgage Rates Are Near appeared first on Better Dwelling.

Mortgages 108
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Here’s what first-time buyers need to budget for

Realty Biz

High buyer demand coupled with limited housing stock has translated to double-digit home price gains over the last few months. No wonder, a big number of prospective buyers have found themselves locked out of the market – especially first-time buyers – while others have been forced to stretch their budget beyond what they can comfortably afford. Amid these dynamics, the median price of an existing home hit $356,700 in August, up almost 15% from a year before according to data from the National A

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C.A.R. Forecast 2022

BubbleInfo

The association is predicting that home sales in California will drop next year, but has a typical guess for the statewide median sales price – expecting a 5.2% rise in 2022: 2022 Their predictions for this year were terrible – they thought pricing would go nearly flat in 2021 (in red box), and instead we […].

Sales 105
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Portsmouth Agent Soren Arn-Oelschlegel Shot and Killed by Client

RIS Media

A REALTOR® in Portsmouth, Virginia was shot and killed on Fri., Oct. 8 in what police are describing as a murder-suicide, according to local news agencies. Eighty-four-year-old Albert Baglione reportedly told police he shot his REALTOR®, 41-year-old Soren Arn-Oelschlegel, a Long & Foster agent who had worked for the brokerage for nearly six years.

Agents 106
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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Freddie Mac HomeOne Loan: Program guide and requirements

The Mortgage Report

Freddie Mac's HomeOne loan can help first-time home buyers qualify with a low down payment and flexible requirements. Find out if HomeOne is right for you.

Loans 110
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Launch Party Celebrating California Homes Luxury Partnership Brings Together Top First Team Agents

First Team Real Estate

Held at The Winery Restaurant & Wine Bar in Tustin, we toasted to our new exclusive luxury advertising partner, California Homes magazine , with our highest performing top First Team Real Estate agents of 2021. Celebrating the accomplishments of our most elite agents and the combined prestige of our top local brands, the evening was filled with excitement and lively conversation. .

Agents 98
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First Impressions Matter. How to Leave an Impression That Lasts.

Lab Coat Agents

The question positioned in every Realtor’s mind: “How do I win over new clients when meeting them for the first time?” Like a first date or having that front-row seat on a roller coaster, there are a lot of nerves. It’s easy to get overwhelmed when meeting a potential client for the first time. If you’re experienced or new to networking, here are a few things to remember for your new client meeting.

MLS 98
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5K Ghost Run – North Palm Beach

Waterfront Properties

If you are a runner in North Palm Beach who loves Halloween, this is the event for you The North Palm Beach Country Club is hosting a “Links 5K Ghost Run”. Join other runners for the 2nd Annual “Links 5K Ghost Run” on Saturday, October 30, 2021, at 7:30 a.m. The 3.1-mile route affords a rare opportunity to explore the Country Club’s newly renovated Jack Nicklaus Signature golf course.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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Are you on Tiktok?

Lab Coat Agents

Watch out Facebook and Instagram! There’s a new kid on the block! It’s called Tiktok and it’s not just for your teenage daughter or son. Tiktok provides a set of tools that enable real estate agents to generate content that appeals to a broad audience. You don’t need to be a 16-year-old influencer to go viral either. All it takes is the consistent posting of relatable content and you will be on your way to reaching new leads.

Agents 98
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Mortgage and refinance rates today, Oct. 12, 2021

The Mortgage Report

Today’s mortgage and refinance rates Bond markets were closed yesterday. But average mortgage rates edged higher last Friday. And that means that they were at their highest since the spring. […].

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Gourmet Cookie Shop at Alton in Palm Beach Gardens

Waterfront Properties

You must try Crumbl Cookies located at 5240 Donald Ross Road, Suite 105, Palm Beach Gardens new Alton Community. It all started with one big dream and two crazy cousins. and the perfect combination of flour, sugar, and chocolate chips. In 2017, after finally developing the perfect recipe, the pair and their family opened Crumbl’s first store in Logan, Utah.

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Kensington One-Bedroom With Arches, Picture Rails, Two Storage Units Asks $450K

Brownstoner

With arched doorways, wood floors and a built-in niche, this Kensington one-bedroom already has some of its original character intact and it would take just a bit of work to bring it back to its intended layout. On the second floor of 414 Albemarle Road, the Colonial Revival-style elevator building… Read More > The post Kensington One-Bedroom With Arches, Picture Rails, Two Storage Units Asks $450K appeared first on Brownstoner.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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Lion Country Safari – Palm Beach County

Waterfront Properties

Lion Country Safari located in western Palm Beach County is Florida’s only drive through safari. The safari is located on nearly 600 acres of land and home to roughly 900 animals. The Lion Country Safari is located at 2003 Lion Country Safari Road in Loxahatchee. The species that live at Lion Country Safari come from all around the world. The safari is divided into seven different habitats.

Land 97
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Why Should I Choose a Career in Real Estate?

Realty Biz

If you’re like most people who want a career change, you might’ve considered a career in real estate. But you might not be well-versed in exactly why it would make a great second (or first) career choice. In fact, 95 percent of real estate agents choose a career in real estate after leaving one or two previous careers, according to the National Association of REALTORS.

Agents 91
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Pols Come Out Against Gowanus Power Project on Barge Near Sunset Park

Brownstoner

More than 40 city and state elected officials signed onto a letter on Thursday calling on Governor Kathy Hochul to deny permits for the Gowanus Repowering Project. Among the signatories were borough president and likely future mayor Eric Adams, city council members Brad Lander, Antonio Reynoso and Stephen Levin, and assembly… Read More > The post Pols Come Out Against Gowanus Power Project on Barge Near Sunset Park appeared first on Brownstoner.

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Housing Affordability Gets a Boost in August

RIS Media

Barriers to homeownership eased up in August as recent reports from the National Association of REALTORS® (NAR) showed signs of improved housing affordability nationally. According to NAR’s Housing Affordability Index, August saw an increase in affordability, as the monthly mortgage payment fell by 1.1%—median family income also declined slightly, however.

Mortgages 102
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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.