Tue.Jun 15, 2021

article thumbnail

Why female leadership is crucial to the mortgage industry

Housing Wire

Women in brokerage aren’t common, but Rocket Pro TPO aims to change that. By integrating programs that enhance inclusivity, the company encourages female leadership. HousingWire recently spoke with Keri Stichler, Divisional Vice President at Rocket Pro TPO, about why female leadership is crucial in the mortgage industry and how companies can advocate for inclusivity.

article thumbnail

Hope Is on the Horizon for Today’s Housing Shortage

Keeping Current Matters

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates it’s a buyers’ market, but an inventory level below that threshold means we’re in a sellers’ market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cornerstone Home Lending to acquire Roscoe State Bank

Housing Wire

Houston-based nonbank mortgage lender Cornerstone Home Lending is buying Roscoe State Bank , a traditional depository bank headquartered in Roscoe, Texas. The transaction is subject to customary regulatory approvals. Financial terms of the deal were not disclosed and it’s unclear when the deal will close. The prospective merger – relatively rare for a nonbank mortgage lender – would create an organization with approximately $2 billion in assets and more than $300 million in equity capital,

Lending 429
article thumbnail

Canadian Home Sales Fell In 80% of Markets, It’s Not Just A Regional Slowdown

Better Dwelling

Canadian home sales are coming down from the all-time record high hit earlier this year. Seasonally adjusted home sales fell in May, shows Canadian Real Estate Association (CREA) data. Home sale activity still remains elevated, even printing another monthly record. However, sales dropped in 80% of markets across the country, and are falling fast. With […].

Sales 134
article thumbnail

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.

article thumbnail

Appraisal bias: Education is the first step

Housing Wire

Understanding the market value of collateral is a key fundamental component of safe and sound lending. This is accomplished through obtaining an appraisal. . The Uniform Standards of Professional Appraisal Practice (USPAP) and numerous laws protect the public trust by mandating the opinions of value provided by appraisers be “impartial, and unbiased professional analyses” and have “no bias with respect to the property that is the subject of this report or to the parties involved with this assign

Lending 391

More Trending

article thumbnail

Sizing up claims of appraisers’ racial bias

Housing Wire

This is Part II of HousingWire’s deep dive into the appraisal profession, and the wave of racial bias claims that has rocked it. In Part I, we looked at the origins of the profession, its present demographic makeup and leadership, and the many struggles of appraisers. In Part II, we examine the evidence around race-based discrimination by appraisers.

article thumbnail

Inside a Sophisticated Greenwich Georgian

Sotheby's International Real Estate

Greenwich architect Richard Granoff—founder of one of the tri-state area’s leading firms—is revered for an aesthetic “balanced between respect for the past and excitement about the future.” This enviable equilibrium is on elegant display at this outstanding Georgian-inspired manor, ideally sited on 2.27 emerald acres on a peaceful gated lane in one of the country’s most sought-after communities.

Brokerage 117
article thumbnail

Sprout Mortgage taps Wells Fargo veteran to lead retail

Housing Wire

Non-QM lender Sprout Mortgage is setting up a distributed retail operation, and it’s picked a veteran of Wells Fargo to lead the new division. Sprout hired former Wells Fargo executive Michael Johnson to expand Sprout’s consumer and retail sales channel, the company said Tuesday. Johnson, who most recently led the depository bank’s Southeast division, will report directly to Sprout’s president, Shea Pallante.

Mortgages 381
article thumbnail

Terrible things buyers do to upset their realtors

Realty Biz

Real estate agents are a crucial part of real estate. They help buyers identify their dream properties and guide them through the buying process, making it easy for them. A good realtor is well-informed about current market trends, knows the worth of a property and its neighborhood, and is proficient in handling every legal process and documentation formalities associated with real estate investments.

article thumbnail

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.

article thumbnail

Former Ellie Mae VP joins Notarize as GM

Housing Wire

Former Ellie Mae vice president Terri Davis has joined Notarize as general manager for its real estate-related business. Davis has worked in digital real estate for more than 20 years, holding positions at Fannie Mae, Ellie Mae, and PMI, to name a few. At Ellie Mae – now ICE Mortgage Technology — she held positions such as vice president of sales and client management, vice president of enterprise accounts, and general manager of the AllRegs platform.

article thumbnail

The Top 10 Best US Real Estate Markets in 2021

Point2Homes

Image: Real Window Creative / Shutterstock.com. Most experienced agents agree that this year marks a turning point for real estate. But what are the strongest housing markets in 2021, and is now really the time to invest? When the pandemic hit full force in early 2020, many potential sellers and homebuyers held off. As demand for property went down, real estate prices decreased.

Marketing 111
article thumbnail

Meet The Real Estate Tech Entrepreneur: Michael Jimenez from Xchange.Loans

GeekEstate

This week, we interviewed Michael Jimenez from Xchange.loans. Let’s get to it! Who are you and what do you do? I’m a co-founder and the CXO of Xchange.Loans- The online marketplace for non-performing loans. Which is still pretty opaque and vague. When a lender has an asset- typically a non-performing loan- that they want off their books they come to our marketplace to sell that asset to qualified buyers for cash.

article thumbnail

Zillow: This HUGE patent grab has us asking, what’s left?

The American Genius for Real Estate

(REAL ESTATE CORPORATE) Zillow’s latest patent bid is terrifyingly broad and will likely lead to a real estate monopoly, if it's granted. The post Zillow: This HUGE patent grab has us asking, what’s left? appeared first on The American Genius Real Estate.

105
105
article thumbnail

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.

article thumbnail

California First-Time Home Buyer: 2021 Programs & Grants

The Mortgage Report

California has countless sources of advice, education, and financial help for first-time home buyers. Learn about programs, grants, and loan options.

Loans 114
article thumbnail

The Most Luxurious New Construction Condo Developments in the U.S. Right Now

Realty Biz

Residential construction in the U.S. has slowed a bit in 2019, which isn’t exactly great timing considering housing affordability is at its lowest point in about a decade. Despite declines in both affordability and availability, however, the luxury new construction condo market across the country features more than a few intriguing options, starting with these high-profile developments: 1000M – Chicago, IL.

article thumbnail

Mortgage and refinance rates today, June 15, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday, as expected. But they’re still a lot better than they were this time last week. As of this morning, […].

Mortgages 102
article thumbnail

REALTORS® Are Part of the Problem With This Inventory Crisis

RIS Media

The extremely slow start to the year is not just a fault of the pandemic; nor is it just sellers who were too scared to list their homes. It pains me to say this, but it is also because REALTORS® aren’t doing enough to make their clients feel comfortable. It is our job as REALTORS® to educate clients and help them understand that they can list their home without the risk of ending up homeless.

Sales 102
article thumbnail

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.

article thumbnail

Fleeing Canada’s Large Cities Makes Less Sense As Suburban Prices Soar: BMO

Better Dwelling

Homebuyers fled big cities like Toronto during the pandemic, searching for suburban deals. Most of those deals are now gone, as small cities and rural Ontario saw prices soar. BMO senior economist Robert Kavcic argues this in his latest client research note. The gap between buying in a big city like Toronto, and a small […]. The post Fleeing Canada’s Large Cities Makes Less Sense As Suburban Prices Soar: BMO appeared first on Better Dwelling.

101
101
article thumbnail

Fathom Leadership Presenting at Roth Virtual London Conference

RIS Media

Fathom Holdings Inc. recently announced that CEO Joshua Harley and Marco Fregenal, president and chief financial officer, will participate in the Roth Virtual London Conference on Tues., June 22. The conference will consist of small group and one-on-one investor meetings by invitation only. For more information, please visit www.fathomrealty.com. The post Fathom Leadership Presenting at Roth Virtual London Conference appeared first on RISMedia.

Investor 102
article thumbnail

Top U.S. Real Estate Markets for Green Homes

McKissock

In the last few years, green and high-performance properties have captured a large share of the new home market in the U.S.—and this trend is only expected to grow. As an appraiser, you know it takes a certain level of specialized knowledge and skill to value these types of complex properties. Do you work in an area where it makes sense to specialize in green home appraisals ?

article thumbnail

Exclusive: The Stars of ‘Two Steps Home’ Reveal How To Buy and Sell a Home at the Same Time

Realtor.com

HGTV Trying to sell your house and buy a new property where you can live next? A new HGTV show, “Two Steps Home,” highlights this crazy juggling act, and hosts Mary and Jon Pierre Tjon-Joe-Pin feel your pain. After helping sellers on their show “Going for Sold,” Jon Pierre (a real estate agent) and Mary (a designer) realized that, since most sellers are also buyers, a show like “Two Steps Home” (which premieres on Wednesday) could provide some helpful advice o

article thumbnail

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.

article thumbnail

SAILFISH MARINA SUNSET CELEBRATION

Waterfront Properties

In the midst of this beautiful tropical island setting on Singer Island you will find the premiere arts and crafts show of the Palm Beach County. Enjoy a casual, fun filled evening as you browse through the unique arts and crafts. On Thursday evenings browse and see distinct silver and gold jewelry, wood sculptures, pottery, watercolors, blown glass and much, much more.

As-is 98
article thumbnail

Dancing Under The Stars At Our Hall of Fame Event At Newport Dunes

First Team Real Estate

Our first major company gathering since the pandemic, our Hall of Fame event took on a whole new look and feel this year at Newport Dunes last Friday, June 11th. Traditionally our annual Hall of Fame Gala is a formal affair , but this year we traded our indoor ballroom for bonfires on the sand as we danced under the stars to celebrate the successes of our top agents.

HR 98
article thumbnail

Lighthouse Sunset Tours This June

Waterfront Properties

On Wednesday evenings, the Jupiter Inlet Lighthouse and Museum hosts their weekly Lighthouse Sunset Tour. The tour is a chance for locals and visitors to witness the incredible sunset view from the top of the lighthouse. Gather your friends and family and head to the Jupiter Lighthouse tomorrow evening and witness the sunset and watch the light turn on to illuminate the sky.

98
article thumbnail

The Ultimate Guide to Accent Chairs—and Where They Belong in a Home

Realtor.com

Getty Images Need more seats around the house? An accent chair or two may be just the ticket, since they can fit in small spaces, are relatively inexpensive, and come in a variety of styles that can add instant personality to a space. “If you want to add color or pattern, an accent chair is the way to go,” explains Michael Diaz-Griffith , an art consultant and founder of Material Cult. “Take risks—because accent chairs can always be reupholstered or moved from room to room.R

As-is 95
article thumbnail

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.