Fri.Jan 22, 2021

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United Wholesale Mortgage makes public debut

Housing Wire

After ringing the bell of the New York Stock Exchange on Friday morning, Mat Ishbia’s United Wholesale Mortgage (UWM) is a publicly traded company. UWM, the second-largest mortgage originator in America , debuted trading at $11.95. By 10:45 a.m. EST, it was trading at $11.65. UWM’s entrance to the public markets caps a wild six months for independent mortgage banks across America, in which a dozen large or mid-sized mortgage firms revealed plans to go public.

Mortgages 520
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Financial Fundamentals for Homebuyers [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track from the beginning. Reach out to a local real estate professional and a trusted lender today to make sure you have the best possible guidance as you begin your homebuying process.

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Chase sees huge digital adoption in home lending business

Housing Wire

The following is an excerpt from an interview originally published by FinLedger with Rohan Amin, Chief Information Officer of Chase’s Consumer & Community Banking unit. The complete interview is available here. When the coronavirus pandemic hit in 2020, banks were among the many institutions moving quickly to adapt to all the changes that came with it.

Lending 450
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6 Coronavirus-Friendly Home Upgrades That Cost Less Than $10K—and Will Bring In Offers

Realtor.com

irina88w/Getty Images Getting a home improvement project to pay off is notoriously tricky. There’s no guarantee you’ll recoup the money you pour into a bathroom remodel or an outdoor kitchen. Plus, the COVID-19 pandemic has made completing even minor projects more difficult, as many nonessential construction projects have been halted. And while it might seem crazy to take on a big-ticket project in a time of economic uncertainty, many home buyers are still looking for turnkey propert

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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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CoStar and private equity group battle for CoreLogic

Housing Wire

Nearly three months after CoreLogic confirmed it was exploring multiple acquisition offers following the rejection of a hostile takeover bid, the data giant is now evaluating the final two bidders. Citing anonymous sources, Bloomberg reported that CoStar Group and a private equity group led by Warburg Pincus are currently competing for the data provider, though it is unclear if either have made an offer yet.

Equity 356
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Money-Saving Home Improvements Tips

Realty Biz

When you are getting ready to sell your home, some home improvements can help you find a buyer. While you could spend thousands on renovations, it doesn’t guarantee prospective buyers will like the changes you’ve made or that you will recoup your investment. However, there are some money-saving improvements you can make that aren’t going to break the bank, and should improve your chances of selling quickly and for more.

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What is PMI: How to Get Rid of Private Mortgage Insurance

Maximum Exposure Real Estate

How to End Paying Private Mortgage Insurance What is PMI? Great question, right? Many people, especially first time home buyers, hear the term PMI and have no idea what it means. You will see the definition of PMI in a moment and, more importantly, how to terminate it. One of the things that many homeowners […]. The post What is PMI: How to Get Rid of Private Mortgage Insurance appeared first on Massachusetts Real Estate Exposure.

Mortgages 131
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Homepoint’s parent in line for $3B valuation with stock sale

Housing Wire

Home Point Capital , the parent company of wholesale lender Homepoint , announced Friday that certain undisclosed stockholders plan to sell 12.5 million shares of Class A common stock, raising $250 million in an independent public offering. Home Point Capital said those stockholders planned to price shares of common stock between $19 and $21 per share, according to a filing made with the SEC.

Sales 221
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Canadian Real Estate Prices Grew Over 25x Faster Than U.S. Prices Since 2005

Better Dwelling

Canadian real estate prices are growing to comical levels, as bad policy stacks up. U.S Federal Reserve data shows real adjusted home prices increased at double the pace of the U.S in Q3 2020. As big as the gain is, it’s one of many times Canadian real estate prices have outperformed the U.S. home prices. […]. The post Canadian Real Estate Prices Grew Over 25x Faster Than U.S.

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Existing Home Sales Reached 14-year High in 2020

Eye on Housing

As demand continues to be driven by low mortgage rates and a suburban shift for home-buying preference, existing home sales, as reported by the National Association of Realtors (NAR), ticked up in December and the annual sales tally reached the highest level since 2006. But surging house prices and inventory shortage could limit demand and slow the market.

Sales 125
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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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Storybook Cottage in Maine Awaits a Buyer Who Loves Whimsical Design

Realtor.com

Jonne Trees. A whimsical house that’s part castle and part storybook cottage is waiting for its first inhabitant. “There’s a sign right at the door that says ‘Clear mind before entering,’” says the listing agent, Jonathan Tindal. “[The] spaces really foster introspection, but also opportunity for intimate conversations and collaboration. … It’s obviously a very unique style.”.

Design 124
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Agents expect more bidding wars throughout 2021

Realty Biz

With housing inventories low and home values rising by double-digits over the past year, sellers are holding firm on the price they demand. A recent survey by the real estate agent referral firm HomeLight has found that 52% of agents believe the biggest challenge sellers will face in 2021 is the temptation to overprice their homes due to the red hot market we’re in.

Agents 117
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What is a home equity loan and how does it work?

The Mortgage Report

A home equity loan lets you cash-out your equity without replacing your current mortgage. Learn how home equity loans and home equity lines (HELOCs) work.

Equity 120
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A Cozy Cottage Near Downtown Cold Spring Can Be Yours for Under $400K

Brownstoner

Likely built as a worker's dwelling in the 19th century, this petite cottage has charm in its compact size and is a short distance from the amenities and transit in Cold Spring, N.Y. The house on the market at 337 Main Street is listed with an address of Cold Spring but… Read More > The post A Cozy Cottage Near Downtown Cold Spring Can Be Yours for Under $400K appeared first on Brownstoner.

As-is 110
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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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Luxury Real Estate Headlines: Third Week in January 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Glencoe, Illinois| Jamie Ficco & Erica Goldman, Jameson Sotheby’s International Realty. The home has nine bedrooms, eleven bathrooms and eight partial bathrooms. It is listed for $18 million with Jamie Ficco and Erica Goldman of Jameson Sotheby’s International Realty.

Sales 107
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Existing-Home Sales Rise Slightly, Despite Buyers’ Struggles With Falling Inventory

Realtor.com

GETTY IMAGES/ISTOCKPHOTO The numbers: Existing-home sales beat analyst estimates and rose in December, even as inventory dropped once again to a record low. Total existing-home sales dropped 0.7% from November to a seasonally-adjusted annual rate of 6.76 million, the National Association of Realtors reported Friday. Compared with a year ago, home sales were up roughly 22%.

Sales 106
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Why You Should Always Get a Home Inspection Before Buying a New Home

Agent Drive

There are a number of reasons why you should look into getting a home inspection before buying a new home. The home inspection process is a vital step in the home-buying process that should not be overlooked. It entails a professional home inspector making sure that every aspect of the house is in good shape […]. The post Why You Should Always Get a Home Inspection Before Buying a New Home appeared first on AgentDrive.

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Top 10 cities with the most immigrant homeowners

The American Genius for Real Estate

(REAL ESTATE NEWS) It’s no coincidence that the most exciting areas of our country are also the most diverse. The post Top 10 cities with the most immigrant homeowners appeared first on The American Genius Real Estate.

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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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20th Anniversary Hobe Sound Festival of the Arts

Waterfront Properties

The quaint seaside Town of Hobe Sound is celebrating the 20th Anniversary Hobe Sound Festival of the Arts. The festival returns with the some of the nations top artists and skilled craft artisans. This 2-day event is a socially distanced outdoor art show and craft marketplace. The festival is a community event taking place on Dixie Highway from Bridge Road to Venus Street.

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Winter No-Slip Tips for Your Home

RIS Media

Not only can a slip cause a painful injury, it can result in a costly medical trip. If you want to protect your bottom dollar—and simply your bottom—from a fall this winter, be sure to follow these important tips for inside and outside your home. Indoor Slip Prevention Tips: Keep Toys in Check. With winter coinciding with extra playtime indoors and more toys due to holiday gift giving, it may come as no surprise if your home feels overrun by toys.

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5 Delicious Dining Room Decor Ideas To Make You Feel Like You’re Eating in Your Favorite Restaurants

Realtor.com

Moore Architects, PC/Houzz If there’s one thing we’ve consistently missed during the pandemic (besides a general sense of normalcy), it’s eating at restaurants. Sure, we can tap DoorDash and Postmates to deliver our favorite dishes every night of the week if we want to. But it’s not remotely the same as sitting down to a meal with the sound of wineglasses clinking and the ambiance of a dimly lit restaurant.

Design 103
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How to Level Up Your Listings

RIS Media

A hands-on future: That’s what RISMedia’s “ Real Estate’s Rocking in the New Year ” was all about. The all-day virtual event, co-presented by the National Association of REALTORS® on Jan. 7, provided both agents and brokers with actionable tips for finding success in 2021. Amid a nationwide inventory shortage, listing business has become more competitive, and it’s more important than ever to stand out, as discussed during the session, “Level-Up Your List

Agents 104
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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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‘Flipping Across America’ Reveals Which Flip Fetches the Best Profit

Realtor.com

HGTV. On “Flipping Across America,” we see houses large and small morph from run-down hovels into gorgeous homes. So which flip fetches the highest profit? In the episode “Renovations Big and Small,” host Alison Victoria highlights two very different houses that were purchased for around the same price. Anita and Ken Corsini of “Flip or Flop Atlanta” are renovating a tiny, 900-square-foot house in Georgia, while Mina Starsiak and her mother, Karen Laine , of &

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Bullet Journal Tips to Tackle the New Year Effortlessly

RIS Media

Keeping track of your goals, daily to-do lists and your habits will go a long way toward ensuring that you accomplish all you set out to achieve in the new year. However, if we have learned anything this past year, it is that our plans can change a lot more drastically than we fully realized. . If you would like to start off 2021 on the right foot, but don’t want to waste your funds on a micromanaging day planner that won’t fit your life, a bullet journal may be the ideal option.

Branding 104
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Daily Links: The Highest City COVID Positivity Rates Are Currently in Three Brooklyn Neighborhoods

Brownstoner

In the News Bar Owners in Brooklyn and Beyond Try to Make Drinking in Cold Fun [NYT] 20-Story Bushwick Development Planned Atop Former Community Garden [BP] Preservationists Say DoBro Art Proposal Ignores Abolitionist History [BP] Three Southern Brooklyn Nabes Lead City in COVID-19 Positivity Rates [BP] New Lawsuit Seeks Damages for Protesters Hurt by NYPD… Read More > The post Daily Links: The Highest City COVID Positivity Rates Are Currently in Three Brooklyn Neighborhoods appeared f

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6 Virtual Classes to Broaden Your Horizons This Year

RIS Media

With a whole new year at your fingertips, and plenty of virtual classes becoming available each day, there’s never been a better time to try something new. Now is the perfect opportunity to finally get around to that new skill or hobby you’ve always wanted to try. Better yet, many of these classes can be attended from the comfort of your own home. .

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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.

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Getting a mortgage without your spouse: What are the benefits and drawbacks?

The Mortgage Report

Thinking about buying a house or refinancing with only one spouse on the mortgage? Here are the major benefits and drawbacks to consider.

Mortgages 116
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Cheap Must-Haves to Make Laundry a Breeze

RIS Media

Not many homeowners look forward to household chores, but there are few chores that feel quite as endless as laundry. If you dread this seemingly infinite task, there are a few tools that could make your laundry days a little easier. These inexpensive must-haves should be at the top of your shopping list if you want to make your next laundry day a breeze.

Branding 104
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Reconnect with Nature: A Stickwork Exhibit – West Palm Beach

Waterfront Properties

Located in the Great Lawn area of Mounts Botanical Garden, 531 North Military Trail in West Palm Beach is this massive sculpture was designed by internationally acclaimed artist, Patrick Dougherty. The Stickwork sculpture is created from 30,000 pounds of willow during a three-week “community build” project in which over 100 volunteers lent a helping hand.

Design 98
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These Counties Were Most Vulnerable to Economic Impact From COVID

RIS Media

Some areas of the United States have showed increased vulnerability amid the coronavirus pandemic compared to others. A new ATTOM Data Solutions report found that pockets of the Northeast and some parts along the East Coast remained most at risk in the fourth quarter of 2021. Meanwhile, the West continued to show less vulnerability. The following areas had 40 of the 50 counties most vulnerable to the economic impact of the pandemic in Q4 2020: New Jersey, Illinois, California, Louisiana, New Yor

Closing 100
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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.