Housing Wire

FEBRUARY 17, 2021

When Realtor.com became the first listing platform to display flood hazard data on properties, the lead economist for Redfin expressed caution about the unintended consequences of displaying such statistics. “We need to be very careful about how we provide information,” Taylor Marr, the lead economist at Redfin, told NPR at the time. “Could this actually reduce the value of this existing homeowner and essentially take away a lot of their net worth?”.

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Keeping Current Matters

FEBRUARY 17, 2021

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17,000 in the last year alone. ATTOM Data Solutions , in their latest U.S.

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Housing Wire

FEBRUARY 17, 2021

As mortgage rates come off of their historic lows, mortgage applications dropped for the second week, according to data from the Mortgage Bankers Association. Mortgage applications dropped 5.1% for the week ending Feb. 12, after falling 4.1% the week prior. Notably, the refinance share of activity dropped to 69.3%, the first time it’s been below 70% since October.

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Better Dwelling

FEBRUARY 17, 2021

One of Canada’s largest banks brought attention to a warning sign in many real estate markets. BMO published a research note titled “Your House Makes More Than You Do,” by senior economist Sal Guatieri. The note focuses on how sustainable and long-term current housing trends are. I’m obviously kidding. It brings attention to the fact […]. The post Canadian Bank: “Your House Makes More Than You Do,” Draw Your Own Conclusion appeared first on Better Dwelling.

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Housing Wire

FEBRUARY 17, 2021

The FHFA released its 2021 Scorecard for Fannie Mae , Freddie Mac and Common Securitization Solutions on Tuesday, adding new resolution planning requirements for the GSEs. The resolution planning requires each enterprise to begin developing a plan “to resolve its business in the event the Enterprise were to be placed in receivership, also known as a ‘living will.

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Realtor.com

FEBRUARY 17, 2021

JannHuizenga / Getty Images 2020 was the year of WFH: Working from home became a reality for countless Americans, as company offices closed down to curb the spread of COVID-19. And, as the time nears to file your 2020 taxes, you might be wondering: Does your home office add up to any tax deductions for you? It’s a logical question: Since most WFH warriors shell out of their own pocket for internet, printer ink, and equipment upgrades if their laptop poops out, it’s understandable to

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Realty Biz

FEBRUARY 17, 2021

Home buyers in the U.S. are facing increasingly fierce bidding wars, but even as prices rise and competition heats up, they’re not giving in. A new survey by the National Association of Home Builders last week found that around 40% of prospective home buyers have been unable to purchase one because they keep getting outbid, CNBC reported. One year before, the main reason people couldn’t find a home to buy was due to unaffordable prices.

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Housing Wire

FEBRUARY 17, 2021

This HousingWire Daily podcast transcription features an interview with Monique Winston , vice president-national business development executive and chair of the diversity and inclusion council at WFG National Title Insurance Company. In this episode, Winston discusses her work at WFG and as an advocate for Black homeownership. Listen to the full episode here or below and make sure to subscribe to the podcast on iTunes.

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Brownstoner

FEBRUARY 17, 2021

The sedate exterior of this Fort Greene Italianate gives way to an exuberant, wedding-cake plaster-filled parlor floor that's been opened up as part of an interior renovation. That renovation retained original details like mantels, moldings and wood floors, mixing them with modern amenities, including a stylish kitchen, for an interior… Read More > The post Renovated Fort Greene Italianate With Plasterwork, Mantels, Heated Chicken Coop Asks $4.4 Million appeared first on Brownstoner.

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Housing Wire

FEBRUARY 17, 2021

First American Mortgage Solutions , a subsidiary of “Big Four” title insurer First American Financial , has executed a strategic tech integration with default and loss mitigation workflow provider BackInTheBlack. The integration allows First American Mortgage Solutions to automate loss mitigation title reports, uninsured property reports, loan modification and partial claim documents and lien priority insurance directly through BackInTheBlack’s calculators and workflow automati

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Advertiser: Trellis

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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GeekEstate

FEBRUARY 17, 2021

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Homebuyer.]. Loft’s accounting workflow software tracks real estate commissions and automates fees – allowing agents to spend more time selling and brokerages to spend less time digging through paperwork. Its software integrates with a number of top real estate applications like Xero, Docusign, and others to help brokerages run automated, cohesive organizations.

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Housing Wire

FEBRUARY 17, 2021

Mark Wai, executive vice president and chief technology officer at Radian , will speak on the Mortgage Disruption Outlook panel at HousingWire’s Spring Summit on March 4. Wai has been building applications and working in technology for two decades. Before joining Radian, one of the country’s largest providers of mortgage insurance, risk services, real estate services and title services, Wai spent several years as an entrepreneur running two start-ups.

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Realtor.com

FEBRUARY 17, 2021

Jess Glazer When Jess Glazer and her husband Mike DeRose traded their Manhattan apartment for a 40-foot motor home last fall, they imagined crisscrossing the U.S., camping by peaceful lakes and mountain streams. Last week, via Zoom, Ms. Glazer showed me the Arizona RV park where they’ve been stationed since the start of the year. “It looks like a parking lot,” she said, surveying the vast expanse of gravel crowded with hundreds of motor homes.

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RIS Media

FEBRUARY 17, 2021

(TNS)—Extreme cold brings with it a greater risk for frostbite. It’s more common and often more serious than many people think. The good news is that frostbite is fairly easy to avoid. As winter drags on and temperatures drop way down, your risk of cold-related injury, such as frostbite, can go way up. “Literally think of it as freezing of the tissues,” says Dr.

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Realtor.com

FEBRUARY 17, 2021

Erin Sykes, Margo Fuller Nest Seekers, Greg Doherty/Getty Images Larsa Pippen , an original cast member of “Real Housewives of Miami,” is taking a shot at selling the Fort Lauderdale, FL, home she owns with her ex-husband, the basketball Hall of Famer Scottie Pippen. After coming on and off the market for years, the swanky spot is now back with a price tag of $12 million.

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RIS Media

FEBRUARY 17, 2021

Every business needs a solid strategy in order to sustain its success. If you had your best year ever, but you can’t explain why, then it’ll be tough to replicate those results moving forward. When you have a real estate business strategy that’s proven to yield results, you know exactly what’s working and why. You are able to consistently carry out the lead generation activities that will benefit your business and keep it thriving for years to come.

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The Mortgage Report

FEBRUARY 17, 2021

Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday, as we predicted. They’re still below 3% for 30-year fixed-rate mortgages. But it’s been a while since they’ve been […].

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Fixed-rate mortgage Mortgages 100

RIS Media

FEBRUARY 17, 2021

Ever wonder how in the world one becomes a successful real estate agent in the luxury market? You’re not alone. The luxury real estate market often has an air of “exclusivity” that feels impenetrable if you’ve never sold a listing or helped a buyer in those upper tier price points. And if you’re a brand-new luxury real estate professional, or aspiring to be, you might be asking yourself… “ Do you have to have connections ?

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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.

Agents

Realtor.com

FEBRUARY 17, 2021

realtor.com A cozy log cabin with a long and colorful history, this unique dwelling in the historic Idyllwild, CA, area has an unusual past and a very livable present and future. The original structure is reported to have been built in 1849—an auspicious year in California history—and it’s been improved upon ever since. Much of what’s standing today was erected in 1943, as what is apparently the area’s only existing “cord home.” The walls of the structure are made o

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The Mortgage Report

FEBRUARY 17, 2021

Loan modification helps borrowers who can't pay their mortgage due to financial hardship. Learn more about a loan modification vs. refinance.

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BubbleInfo

FEBRUARY 17, 2021

Here it is, literally the worst house on the street! The Seller has done the hard work of cleaning up the almost half-acre property (it only took 7 dumpsters!), so now is your chance to take it from here. Have you ever watched HGTV and thought, “I could do that!”? If so, pack up your […].

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RIS Media

FEBRUARY 17, 2021

United® Real Estate, a division of United Real Estate Group, recently announced its expansion with United Real Estate | Frisco, located in The Shops at Starwood in Frisco, Texas. The announcement follows on the heels of its two mergers in December with Nashville-based Benchmark Realty and Atlanta-based Virtual Properties Realty (VPR) and its October 2019 merger with Charles Rutenberg Realty-Ft.

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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.

Agents

Brownstoner

FEBRUARY 17, 2021

When Atlantic Avenue bistro Bacchus began a temporary shutdown in November due to COVID and left their staff out of work, the resourceful employees hatched an idea -- they opened their own pop-up restaurant in the shuttered eatery. “It all started because of the pandemic,” said Bacchus’ executive chef, Sixto Fuentes. Bruno… Read More > The post Pop-Up Mexican Restaurant El Zason Opens in Shuttered Atlantic Avenue Eatery appeared first on Brownstoner.

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RIS Media

FEBRUARY 17, 2021

Despite record low inventory, January home sales posted a 13.5% increase over a year ago. That followed four consecutive months of year-over-year sales increases of 19% to 22% on the heels of pandemic lockdowns. January’s year-over-year increase in homes sold represented a sizable gain from the year before and was in line with the pre-COVID months of December 2019 (13.5%) and January 2020 (10.5%). “January home sales started the year off with a bang despite the current shortage of ho

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Brownstoner

FEBRUARY 17, 2021

It began in 1838 when longshoreman James Weeks purchased some Brooklyn land and built a home. His vision encouraged other African Americans to do the same until the community dubbed Weeksville grew to include homes, churches and businesses. It became a refuge and a place of pride and if you… Read More > The post Delve Deeper Into the History of Weeksville With a Municipal Art Society Virtual Tour appeared first on Brownstoner.

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RIS Media

FEBRUARY 17, 2021

zavvie and Fathom Holdings Inc., a holding company that primarily operates through its wholly-owned subsidiary, Fathom Realty, LLC, recently announced that the companies will work together to power “Fathom Offers,” a service that lets homeowners receive and compare multiple offers for their homes. With Fathom Offers, powered by zavvie, agents will have access to additional home selling alternatives, including attracting iBuyers and providing “buy before you sell” solution

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Agents

Notorious ROB

FEBRUARY 17, 2021

Forgive the rant, but after lo these many years, I have to get this off my chest. Since this is rant — though potentially a helpful one if you are a brokerage owner — do feel free to skip it completely. Won’t hurt my feelings, and you might not want to confront reality. On Facebook. Read more. The post Brokerages Ignoring the Obvious Solution, Part 372 appeared first on NotoriousROB.

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Brownstoner

FEBRUARY 17, 2021

In the News New Yorkers Rush to Get Vaccine After Eligibility Expands [NYT] Gage & Tollner and Its Bar Open for Delivery and Pickup [NYT] Stuck at Home in Brooklyn, Pastry Chefs Find Freedom [NYT] 72-Year-Old Man Critically Injured in Bay Ridge Hit-and-Run [NYP] Trader Joe’s Fruit Stand Owners Open Grocery in Bensonhurst [BP] Of Addresses… Read More > The post Daily Links: East New York, Brownsville Among Areas Lagging Behind With Vaccines appeared first on Brownstoner.

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Real Trends

FEBRUARY 17, 2021

The pandemic has brought uncertainty, but this is no time for pessimism. Here are some ways things are changing and how the client and agent experience has been enhanced.

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Realtor.com

FEBRUARY 17, 2021

John Maciel It’s a house on a boat—but it’s not a houseboat. “It’s one of the only homes in Buzzards Bay that’s floating and not actually considered a houseboat. It’s considered a floating home, because it does not have a motor inside. For it to be moved, it has to be pulled by a barge or put onto a larger structure,” explains listing agent Jan MacGregor.

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Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

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