Housing Wire
JUNE 8, 2021
Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. EnerBank, a Utah-based subsidiary of publicly traded CMS Energy , has loan balances totaling $2.8 billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders.
Keeping Current Matters
JUNE 8, 2021
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price they could offer and still get the home.
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Housing Wire
JUNE 8, 2021
Nearly 200 years ago, one of the great scientists of his time, Charles Lyell, published, “The Principles of Geology.” In this influential work, Lyell extended the notion that changes in the geological record were gradual over time, giving credence to the notion of “uniformitarianism.”. Uniformitarianism was cast against the notion of “catastrophism,” which held that huge changes occurred as the result of massive stimulus and were few and far between.
Realtor.com
JUNE 8, 2021
Christina Vercelletto I was pregnant with our second child when my husband and I started looking for our forever home. At the time, we were in a small apartment we’d long outgrown, and wanted all the suburban trappings of family life. We looked at 14 houses that sounded right for us, but in reality were not. Lucky No. 15, a ranch house with a huge yard on a short block overlooking Long Island’s Great South Bay, felt right from the get-go.
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Housing Wire
JUNE 8, 2021
With tightened housing stock supply, the competition for home buyers is fierce this year. Low rates and increased demand mean prices are soaring on what stock is available – and what’s available isn’t staying on the market for long. One issue is that among the low inventory, there are even fewer homes that are move-in ready, said Keith Lind, executive chairman and president of Acra Lending.
Eye on Housing
JUNE 8, 2021
The count of open construction jobs increased in April to 357,000 unfilled positions, according to data from the BLS Job Openings and Labor Turnover Survey (JOLTS). The housing market remains hot and requires additional labor, lots and lumber and building materials to add inventory. Overall, hiring in the construction sector slowed in April, declining to a 4.5% rate.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
JUNE 8, 2021
Canada’s largest bank sees much higher home price growth in the near future. RBC shared the update to their national home price forecast for 2021. The bank now expects prices to grow almost twice as much as they previously thought. In their previous forecasts, they had expected significantly more government action. With no new policy […].
Housing Wire
JUNE 8, 2021
It was barely a year ago that Angel Oak Mortgage and the rest of the non-QM lenders were holding on for dear life. Now, the Atlanta-based lender is looking to raise $165 million as part of an independent public offering. Angel Oak Mortgage, managed by parent company Angel Oak Capital and Falcon I , is looking to boost its book of business with the capital raise, the lender said in an S-1 statement filed with the Securities and Exchange Commission late last week.
Homes.com
JUNE 8, 2021
Just how much are sellers in the current market REALLY reaping hefty benefits? Homes.com surveyed 1,600 respondents from across the country to find out. . The post How Are Sellers In The Current Market REALLY Doing? appeared first on Homes.com.
Housing Wire
JUNE 8, 2021
North Carolina-based Verus Title , a subsidiary of Fathom Holdings , has added offices in the Lone Star State. At the end of the first quarter, Fathom — a real estate and technology services platform — had approximately 2,400 real estate agents in Texas, including around 1,700 in the Dallas-Fort Worth metroplex. Verus Title will be focusing on expanding its presence primarily in North Texas, according to Paul Yurashevich, Verus Title founder and president. “Opening in Texas has been a prio
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Easy Agent Pro
JUNE 8, 2021
SEO. Getting sick of hearing that one? Especially in the real estate industry it seems that all the SEO in the world won’t get the average agent to the front page of the Google search results. A coveted spot, for sure, but one that most agents will never reach by using the most popular real estate terms. There is another way to rank higher: blogging, consistently.
Housing Wire
JUNE 8, 2021
The HW Insiders program is for the operational all-stars within the housing economy who do the leg work and make the mortgage industry tick, but rarely get the credit. The award recognizes housing professionals in residential mortgage lending, servicing, investments, real estate and fintech who are problem solvers, driving their companies forward every day.
Realty Biz
JUNE 8, 2021
Some tech-savvy real estate agents have already been using drones to create aerial videos and photos that enhance their listings. Now, their use could be expanded by new Federal Aviation Administration rules, the National Association of Realtors reported last week. The FAA has eased some restrictions on drone use while expanding other rules. For example, it has now authorized drone operations at night and also allowed drones to fly over people and moving vehicles, Realtor Mag reported.
HomeLight
JUNE 8, 2021
In a big hurry to sell your home? Even in today’s hot seller’s market where homes attract offers in as few as 16 days , it takes around 2-plus months to sell a house from list to close. And that doesn’t account for the weeks needed to clean, paint, and tidy up the property for its market debut. If you don’t have the patience for this timeline, including the 49 days you’ll spend waiting for a traditional buyer’s mortgage to wrap, you’ll need to get creative with your plans.
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Realtor.com
JUNE 8, 2021
realtor.com Serene, secluded, and stylish, Red Farm on Martha’s Vineyard dates to the 1600s and is the oldest listing of the week on Realtor.com®. The gorgeous 21-acre farm on the desirable isle features a main house built in 1687. That main house is connected to an antique home brought in from New York and painstakingly rebuilt on-site. If that isn’t enough, the property also boasts a replica of the cabin where Henry David Thoreau wrote “Walden,” complete with a pond.
GeekEstate
JUNE 8, 2021
[Editor’s note: Originally published on Go PropTech.]. First of all, it’s essential to understand the meaning of the term SPAC. SPAC is an abbreviation for a Special Purpose Acquisition Company. SPACs are publicly traded companies, and the purpose of their creation is to facilitate acquisitions and mergers with existing companies. Although SPACs made an entry into the financial industry just a few years ago, there has been a meteoric rise in the SPAC investment vehicle.
RIS Media
JUNE 8, 2021
If you look over any real estate agent’s social media marketing plan, you will likely see a strong focus on Facebook, LinkedIn, Instagram and Twitter. However, these aren’t the only platforms where you can attract more prospects. With over 450 million active users worldwide, Pinterest is an ideal social platform for real estate professionals. In fact, Pinterest welcomed over 100 million new users to the platform in 2020 —a 37% rise from 2019.
Sotheby's International Real Estate
JUNE 8, 2021
Some four decades ago, legendary jeweler Harry Winston stood beneath a glittering crystal chandelier in the dining room of this regal residence on Fifth Avenue and accepted an offer by an ardent buyer—now the current owner—to purchase his home. Winston had owned the apartment since 1950, when he undertook a year-long renovation before settling there nearly 30 years.
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.
Waterfront Properties
JUNE 8, 2021
The city of Palm Beach Gardens is planning on building a new sports complex to be built at The Gardens North County District Park next year. In March, City Officials approved the plans to build a new 200,000 square foot facility that will include ice skating rinks, rock climbing walls, basketball courts, and other amenities. Commissioners approved a lease agreement within the city and the non-profit Palm Beach North Athletic Foundation Inc., to build a two-story, 200,000 square foot facility on
RIS Media
JUNE 8, 2021
Cinch Home Services and Florida Brokerage Align in Perfect Harmony. For Marlon L. Smith-Buie—broker at MLSB | The Bureau, powered by Carom Realty—when it comes to finding a company to partner with, a shared vision is everything. Raised in Central Florida, Smith-Buie’s community is incredibly important to him, and so, when looking for a home warranty company to work with, he needed to find one that shared both his vision and principles.
The Mortgage Report
JUNE 8, 2021
Today’s mortgage and refinance rates Average mortgage rates held steady for a second consecutive business day yesterday. They’ve been moving within a narrow range for several weeks now. Judging from […].
RIS Media
JUNE 8, 2021
It’s time to reconnect with your community, network and career development. To do so, it’s crucial you rely on developing your skills in these three key categories: Networking. Establish new contacts and grow your referrals. It’s important to nurture your sphere of influence to attract new customers and refresh old ones. By forming strong relationships and managing existing ones, you will build an authentic network that drives leads and builds your reliable database for years to come.
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.
RISMedia
JUNE 8, 2021
By Meghan Belnap There are important repairs you need to take care of to ensure you sell your home. Although the housing market is extremely hot right now, a house that has been poorly maintained may lower your sale price drastically. Therefore, it is important to ensure that every corner of the house is well […]. The post 4 Maintenance Tasks to Perform on Your Home Before You Sell appeared first on RISMedia's Housecall.
Better Dwelling
JUNE 8, 2021
Canadian households have been saving at one of the highest rates ever recorded. They saved an extra $167 billion last year, and everyone thinks it’s going to be spent in their industry. Statistics Canada (Stat Can) data shows this might sound a lot larger than it actually is when broken down. It’s definitely going to […]. The post Canada Expects Pent-Up Savings To Boost Home Sales, But They’re Greatly Exaggerated appeared first on Better Dwelling.
RIS Media
JUNE 8, 2021
The housing market’s impressive strength in 2020 paired with a pandemic-induced motivation to move helped sellers cash in on quickly rising home values to find places that better suit their needs—specifically, bigger homes in less-expensive areas. According to a new Zillow® analysis of moving data from northAmerican® Van Lines , Americans who made out-of-town moves last year typically paid less money for larger houses.
BubbleInfo
JUNE 8, 2021
Based on these closed sales, the local frenzy has been steady this year – though these are results of buying decisions made as far back as January and February. For the most part, we have as many or more sales, and the same or higher LP:SP ratios over the last 60 days compared to the […].
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Realtor.com
JUNE 8, 2021
Shahar Azran/WireImage After selling her Saddle River, NJ, estate at a huge loss last year, the chart-topper Mary J. Blige is taking another shot at selling her other New Jersey home. But, this time, she’s raised the price. So what’s the 411 with her real estate? Her Cresskill, NJ, abode first came on the market back in 2019 for $2.25 million. If it had sold at that amount, it would have represented a small upside to the $1.95 million she paid in 2001.
The Mortgage Report
JUNE 8, 2021
Stipend income typically doesn't count as income for a mortgage. But it might still help you qualify. Here's what to know before you apply.
Brownstoner
JUNE 8, 2021
In the News Buildings With Sections That Seem to Hover in Midair [NYT] Whose Streets? The Next New York Mayor Will Have To Decide [NYT] Businesses Can End Covid-19 Limits Once Adults Hit Vaccine Goal [NYT] Bus Crashes Into Prospect Lefferts Gardens Home, Injuring 14 [BP] Daughter, New Crown Heights Cafe, Puts Mutual Aid Front… Read More > The post Daily Links: Restrictions Can Be Lifted Once 70 Percent of the State’s Adults Are Vaccinated appeared first on Brownstoner.
Realtor.com
JUNE 8, 2021
realtor.com The sparkling Palais de Cristal reigns over a promontory overlooking the Pacific, in the aptly named enclave of Crystal Cove. The unrivaled estate in Newport Coast, CA, recently appeared on the market at an unrivaled price point: $69.8 million. It’s currently the most expensive listing in Orange County. Opulent in every way, the mansion was designed by a member of furniture industry royalty, Michael Amini , known to some as the “King of Bling.”.
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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