Fri.Sep 10, 2021

article thumbnail

Wells Fargo to pay $250 million for “reckless practices”

Housing Wire

Wells Fargo has been slapped with a $250 million civil money penalty by the Office of the Comptroller of the Currency for “unsafe or unsound practices” pertaining to their home lending loss mitigation program this week. According to the OCC, the fine is also a result of the bank violating the terms of a 2018 compliance consent order , which alleged that Wells Fargo did not implement or maintain a compliance risk management program proportionate with the bank’s size, complexity and risk pro

Lending 450
article thumbnail

Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. When it comes to the current housing market , there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly understand the real estate market and separate fact from fiction. Trust the pros. Reach out to an agent today to see why it’s still a good time to buy.

Agents 230
Insiders

Sign Up for our Newsletter

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

article thumbnail

Orchard reaches unicorn status with $100M funding round

Housing Wire

Orchard , which operates a home-buying and selling platform, announced it has raised $100 million in Series D funding at over a $1 billion valuation. Accomplice led the round with participation from repeat Orchard investors FirstMark , Revolution Growth , First American , Juxtapose and a syndicate of new investors. Last year, the company completed a $69 million series C funding round.

Lending 404
article thumbnail

Canadian Real Estate Is Now A Bubble On Top of A Bubble: US Federal Reserve

Better Dwelling

Either the Canadian real estate bubble is now a bubble on a bubble, or old enough it should be in school. The US Federal Reserve (the Fed) released its quarterly exuberance index for Q1 2021. The index, used to determine country-level housing bubbles, shows Canada is well into one. The unusual circumstances make it unclear […]. The post Canadian Real Estate Is Now A Bubble On Top of A Bubble: US Federal Reserve appeared first on Better Dwelling.

143
143
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

KW President Marc King on Gary Keller, social unrest

Housing Wire

Marc King, president at KW. Is Keller Williams rising or falling — or has it settled into a role of venerable franchise network in a growing ecosystem of international brokerages? The team’s executive leadership shifts give the appearance that change is afoot. Gary Keller, who founded the Austin, Texas-based company, stepped down last year down as CEO.

Brokerage 370

More Trending

article thumbnail

FHFA’s equity plan: Too much or not enough?

Housing Wire

The day after Labor Day, the nation’s top housing regulator announced that its regulated entities, which control half the nation’s $11 trillion housing market, would have to come up with plans to address racial equity. The Federal Housing Finance Agency ’s decree came with a tight deadline for Fannie Mae and Freddie Mac. The two government sponsored enterprises would have less than four months to submit and implement the plans which, along with annual progress reports, the FHFA vowed to make pub

Equity 381
article thumbnail

5 Ways to Passively Invest in Real Estate

Realty Biz

If you’re looking for proven ways to beat inflation and generate wealth, real estate is likely your best bet. According to the Federal Reserve Bank of San Francisco , real estate investing offers many advantages over other investments — including stocks. Over time, the Fed says, real estate values appreciate more, and real estate investments enjoy unique tax advantages.

Investor 114
article thumbnail

The future of the independent mortgage broker channel

Housing Wire

Currently, one in five, or roughly 20%, of consumers work with an independent mortgage broker. With their strong, personal relationships, endless loan options and access to technology, we expect that number to continue to grow as more and more consumers become educated on the value brokers add to the home-buying experience. This past year and a half brought on challenges we never saw coming.

Mortgages 369
article thumbnail

Market Slowing

BubbleInfo

Great thoughts from Ryan at www.sacramentoappraisalblog.com: Now let’s talk about slowing. I’ve had a number of emails lately critiquing my use of the word “slowing,” so I wanted to talk about this openly. I hope that’s cool. If this isn’t your thing, just scroll down. By the way, I’m always good with constructive critique too. […].

Marketing 105
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

Open house visits are effective to buy homes in Dubai

Agent Drive

Many people normally look around for a house in Dubai. If you are desperate to buy a home in Dubai, you need to move forward with some advanced options. It is not always the ad searches and accessing the real estate agents that bring you success. Sometimes, you need to accept and adopt some of […]. The post Open house visits are effective to buy homes in Dubai appeared first on AgentDrive.

Agents 104
article thumbnail

AppFolio Wins Best AI-based Solution for Real Estate

App Folio

Thanks to artificial intelligence, property management is in the early stages of a technological revolution. But you may be wondering.

article thumbnail

Luxury Real Estate Headlines: First Week in September 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Great Neck, New York | Irene Sarraf, Jason Friedman, & Rudi Friedman, Daniel Gale Sotheby’s International Realty . Great Neck, the stretch of Long Island that inspired Gatsby’s home of West Egg, has an opulent mansion for sale that harkens to the pages of this literary classic.

Sales 102
article thumbnail

What Do You Think of These Jaw-Dropping Lofts?

Point2Homes

With sky-high ceilings and massive windows, lofts can offer an open, airy feel with great views of the outdoors and plenty of room for living and entertaining. So whether you want to feel like a superhero with an amazing secret lair or an artist seeking inspiration in creative spaces, lofts offer something for every lifestyle and personality. There’s something undeniably cool about lofts – we often think about them in terms of trendy neighborhoods, and young artists and professionals.

Design 98
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

How Much Does It Cost To Build a House—and Is It Cheaper To Buy or Build?

Realtor.com

How much does it cost to build a house—and is it cheaper to buy or build a house? Here we compare the costs, pros and cons of buying vs. building a house. The post How Much Does It Cost To Build a House—and Is It Cheaper To Buy or Build? appeared first on Real Estate News & Insights | realtor.com®.

104
104
article thumbnail

Do This, Not That: Real Estate Marketing Fundamentals

RIS Media

These days, it seems like there are many ways to run a real estate marketing strategy—but only a few will set you apart from the crowd. A strong real estate marketing plan should be grounded in the fundamentals. Rather than relying on the flashiest new technology to generate leads, agents who want to ensure their longevity in the industry should tap into timeless business principles, like building relationships and providing exceptional service.

article thumbnail

Georgia First-Time Home Buyer: 2021 Programs and Grants

The Mortgage Report

If you're a Georgia first-time buyer, you're in luck. The state offers loads of help — perhaps including cash assistance with your down payment.

100
100
article thumbnail

Foreclosure Activity Increases After Moratorium Lifts

RIS Media

Though it’s not the wave economists predicted last year , foreclosure activity did increase once the moratorium finally lifted, according to reports from ATTOM Solutions. ATTOM released its August 2021 U.S. Foreclosure Market Report on Sept. 9, showing a 27% increase in foreclosure starts in August, the first month since the government moratorium was lifted.

Loans 98
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

Cyclists Take a Sneak Peek at the Brooklyn Bridge Bike Lane Before Official Opening

Brownstoner

Some pedal pushers got an early taste of the long-awaited Brooklyn Bridge bike lane, which will officially open in the coming weeks -- allowing cyclists to finally cross the East River without competing for space with pedestrians. “It’s a little narrow, a little stinky,” said Twitter user @_streeter in a… Read More > The post Cyclists Take a Sneak Peek at the Brooklyn Bridge Bike Lane Before Official Opening appeared first on Brownstoner.

93
article thumbnail

5 Strategies to Improve Your Client Newsletter

RIS Media

A well-planned client newsletter should be part of every agent’s email communication and marketing strategy. Email newsletters are not only great for engaging clients and prospects, but they can also be tools to keep folks updated on what’s happening in the market and position you as a knowledgeable and reliable source of information. Further, a newsletter is a great way to get more eyes on your brand.

article thumbnail

Daily Links: Annual Bushwick Open Studios Event Will Return on September 17

Brownstoner

In the News How the Mayor's Big Decision Could Upend School Admissions [NYT] Aldi Opens New Store at Flatbush Junction in Midwood [BP] Brooklyn Murals Paint Pictures of Remembrance, 20 Years After 9/11 [The City] Mayor Announces Waiver of Fees as Part of Ida Recovery Response [Cityland] Rally Against Anti-LGBTQ+ Hate Held in Bushwick After… Read More > The post Daily Links: Annual Bushwick Open Studios Event Will Return on September 17 appeared first on Brownstoner.

92
article thumbnail

The Beginner’s Guide to House Flipping

RISMedia

By Emma Sturgis Investing in real estate is one of the best ways to build wealth and earn a high income. When investing in real estate, there are a number of ways in which you can acquire property. And among the most lucrative real estate investment opportunities is house flipping. Related: How to Afford Investing […]. The post The Beginner’s Guide to House Flipping appeared first on RISMedia's Housecall.

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

Mortgage and refinance rates today, Sept. 10, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower again yesterday. So they show little sign of moving out of the narrow range within which they’ve been drifting without […].

article thumbnail

Where Are Home Prices Headed in Late 2021?

American Lifestyle

The post Where Are Home Prices Headed in Late 2021? appeared first on American Lifestyle Magazine.

Mortgages 111
article thumbnail

Get Hyper-Local and Stay Hyper-Competitive

RIS Media

Engaging effectively with your client base in the ultra-competitive world of digital real estate marketing requires a different set of skills. Integrating fundamental personal skills, relationship building and digital tools are the ingredients in the secret sauce to competing against large portals. Follow these strategies to get hyper-local with your mindset to stay hyper-competitive in your business. 1.

MLS 98
article thumbnail

Top 12 Best Restaurants in Edmonds, Washington

Mandrona Group

A vibrant city located just 15 miles north of Seattle and 18 miles south of Everett, Edmonds Washington is a picturesque waterfront… Continue Reading Top 12 Best Restaurants in Edmonds, Washington.

82
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.