Housing Wire

FEBRUARY 19, 2021

The first-time homebuyer process is a lengthy one, and if you’re not careful, there’s a lot that can throw you off-track. From low appraisals to surprise credit checks, a number of hurdles could slow your purchase or even derail it altogether. Are you on the hunt for a new home? Want to make sure your purchase goes off without a hitch? Then take steps to avoid these all-too-common first-time homebuyer mistakes: More for Real Estate Enthusiasts.

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Loans Loan Officer Closing costs Closing 533

Keeping Current Matters

FEBRUARY 19, 2021

Some Highlights. Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever. If you’re in a position to buy a home, reach out to a local real estate professional to determine your best move in today’s housing market while interest rates are still in your favor.

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Mortgages Loans Marketing 244

Housing Wire

FEBRUARY 19, 2021

It looks like RentPath will be sold after all. After a deal to be acquired by CoStar Group fell through due to antitrust objections from the federal government, real estate brokerage and listings portal Redfin has scooped up the Atlanta-based rental platform. Seattle-based Redfin has agreed to pay $608 million in cash to acquire RentPath , though the deal still requires sign-off by the Federal Trade Commission and a bankruptcy court.

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Bankruptcy Brokerage Property Management Agents 501

Better Dwelling

FEBRUARY 19, 2021

Canadians are scrambling to buy a home and catch that huge wage of profits… but is it really that profitable? It depends what you’re comparing it to. When central banks flood the market with cheap money, almost everything soars. It’s not just real estate that is profitable. Real estate is just the only investment many […]. The post Everything’s A Bubble, and Canadian Real Estate Was One of The Worst Returns appeared first on Better Dwelling.

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Banks Marketing 134

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Housing Wire

FEBRUARY 19, 2021

Consumer credit activity rose in the fourth quarter of 2020, as low interest rates and high housing demand continued to fuel mortgage demand, according to TransUnion’s latest industry insights report. Serious delinquency rates in mortgages declined year-over-year to 0.7% in the fourth quarter of 2020. Delinquency rates were at 1% in the fourth quarter of 2019.

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Mortgages Loans Industrial As-is 437

Realtor.com

FEBRUARY 19, 2021

realtor.com, Mat Hayward/Getty Images Nelly is ready to take off from his abandoned Missouri digs. The hip-hop star has placed an unfinished remodel in Wildwood, MO, on the market for $599,000. This is a precipitous drop from the listed price of $2.5 million in 2002, when the home was last on the market. The St. Louis native reportedly snapped up the property, billed as “Tuscan-style architecture,” as an investment opportunity.

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Renovation Land As-is Agents 116

Realtor.com

FEBRUARY 19, 2021

TourFactory It isn’t common for a buyer to renovate a home and embrace a truly retro vibe, but that’s exactly what the owners of one midcentury modern residence in Austin, TX, did. The 7,000-square-foot Atomic Age classic, built in 1963 on Balcones Drive , is now on the market for $3.95 million. Its color palette is right out of the TV series “The Marvelous Mrs.

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Renovation Design Commercial Land 112

Housing Wire

FEBRUARY 19, 2021

It hasn’t been that long since the mortgage industry worked through the challenges of the early part of the century and now, once again, we find ourselves in a time when serving our customers is filled with financial hardships and uncertainty about the outcome. Just like we can look back and analyze how our industry rebounded from the Great Recession, we will one day be able to do the same regarding the COVID-19 pandemic.

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Mortgages Industrial Loans Closing 383

Lighter Side of Real Estate

FEBRUARY 19, 2021

With more people working from home than ever, the home office has become a major selling point to many potential buyers—and if you want to attract those potential buyers, you need to frame your office in a way that’s going to appeal to them. And that includes getting rid of things that won’t appeal to them. A recent article from Apartment Therapy outlined the items real estate agents recommend not displaying in your home office if you’re preparing to sell, including: College degrees and other re

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Agents 110

Housing Wire

FEBRUARY 19, 2021

Courtney Thompson, senior vice president of default mortgage at Flagstar Bank , will speak on a panel titled Servicing Challenges in a Pandemic Period at HousingWire’s Spring Summit on March 4. Thompson leads Flagstar’s default mortgage operations team, delivering industry-leading transparency into the default mortgage servicing process. Prior to coming to Flagstar in 2014, Thompson had 15 years of consulting experience in the default arena.

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Banks Title Mortgages Technology 379

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.

Loans

Brownstoner

FEBRUARY 19, 2021

If you like your historic properties with layers of atmospherically decaying history, this circa 1740 farmhouse offers it in abundance along with a connection to a New York City political figure. The house on the market at 187 N Country Road in Miller Place, N.Y. was the family home of Caleb… Read More > The post Bring Life Back to an 18th Century Suffolk County Farmhouse, Birthplace of a New York City Mayor appeared first on Brownstoner.

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Marketing 111

Housing Wire

FEBRUARY 19, 2021

Title insurance upstart States Title announced this week $150 million in debt financing from HSCM Bermuda , which will go towards developing a more modern home closing experience. CEO Max Simkoff said the financing will held them “wipe the system clean” and build a homebuying system from scratch – one that is simple, efficient and digital, he added. “Home buying, which is already stressful and overwhelming, should set the standard for easing customers’ journeys rath

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Title Closing Finance Technology 342

Realtor.com

FEBRUARY 19, 2021

Slaven Vlasic / Contributor / Getty Images. Hold on to your hair gel—a home made famous on the “Jersey Shore” spinoff “ Jersey Shore: Family Vacation ” is now for sale for $1.4 million. The 6,000-square-foot, seven-bedroom, six-bath manse, which was built in 2003, initially hit the market in April 2017. But three months later, the listing was withdrawn once film scouts saw its potential as a great backdrop where Jenni “JWoww” Farley , Nicole “Snooki̶

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Sales As-is Marketing 109

Housing Wire

FEBRUARY 19, 2021

Following an impressive fourth quarter, Stewart Title announced a 10% increase in the company’s annual cash dividend to $1.32 per share. Fred Eppinger, Stewart CEO, said he asked the company’s Board of Directors for the increase in order to be consistent with shareholders. “The increased annual dividend is directly related to the strong fourth quarter and year-end revenue growth Stewart saw across all lines of business and by continuing to effectively manage our cost structure to increase

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Title Commercial Industrial Mortgages 317

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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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Realtor.com

FEBRUARY 19, 2021

Reddit/Instagram. The normally temperate state of Texas experienced some of the coldest weather ever earlier this week when snow blanketed most of the central part of the country, leading to widespread power outages and water shortages. Dallas–Fort Worth even saw temperatures dip to a teeth-chattering minus 2 degrees on Tuesday morning—a negative number not seen in North Texas for 72 years. .

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As-is 106

Real Estate Investar

FEBRUARY 19, 2021

2021 has started in strong fashion as most property markets across the country continue to see rising prices. According to the latest data from CoreLogic, house prices are up once again in February and it appears that the big banks are also predicting significant price gains over the next 12-24 months. Month to date, house prices in our major capital cities are 1.2% higher according to CoreLogic, taking the year to date gains to 1.4%.

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Banks Marketing 103

Sotheby's International Real Estate

FEBRUARY 19, 2021

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Vail, Colorado | Tye Stockton, LIV Sotheby’s International Realty. A nearly 12,000-square-foot ski chalet in Vail, Colorado, hit the market this week for $32.95 million, making it one of the top-three most expensive listings in the area, according to the Vail MLS. $33 Million Mountain Chalet Could Break a Price Record in Vail, Colorado – Mansion Global.

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MLS Renovation Land Design 103

Realtor.com

FEBRUARY 19, 2021

realtor.com, Sam Greenwood/Getty Images The former Florida Gators and South Carolina Gamecocks head coach Steve Spurrier is letting go of his oceanfront vacation home in St. Augustine, FL. He’s asking $5.8 million. Spurrier has owned this Crescent Beach getaway since buying the land in 1995 for $400,000. He then built the beach house, which was finished in 2010.

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Land As-is Marketing 102

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

First Team Real Estate

FEBRUARY 19, 2021

According to statistics from the California Association of REALTORS®, statewide median home prices reached $717,930 in December 2020 , up 16.8% from December 2019. With home values appreciating so rapidly, some are concerned that we may be in another housing bubble like the one we experienced back in 2008. However, let’s review three simple reasons why this market couldn’t be more different.

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Equity Lending Loans Residential 98

Realtor.com

FEBRUARY 19, 2021

realtor.com A brutal—and hilarious—listing description catapulted a decrepit Florida home to the top spot on this week’s most popular homes on realtor.com®. We’ve read through a bajillion listing descriptions over the years. They’re almost always reserved for a cheery assessment of the delightful features a home has to offer. However, an agent in Florida decided to zig while everyone else was zagging, and this $69,000 home is described as “literally the worst house on the

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Design Renovation Branding As-is 99

RIS Media

FEBRUARY 19, 2021

No matter how hard you scrub, you may be having a tough time getting your glass shower door sparkling clean. That’s because soap scum and hard-water stains can cause a cloudy build-up to form that seems impossible to remove. With a little ingenuity, however, you can restore your glass door to good-as-new. Try this method recommended by Home Depot. Start with the right supplies.

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The Mortgage Report

FEBRUARY 19, 2021

Today’s mortgage and refinance rates Finally, average mortgage rates edged lower yesterday. It had been more than a week since the previous fall. And it made up only about one-tenth […].

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Mortgages 96

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

RIS Media

FEBRUARY 19, 2021

For many families, the attic is a place to store old clothes, holiday decorations and other things that aren’t used on a regular basis. If you need additional space for your growing family or for people to work or study at home, converting your attic can be a smart move that can pay off when you eventually sell your home. Reasons to Convert Your Attic.

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Renovation Design As-is 93

The Mortgage Report

FEBRUARY 19, 2021

A no-closing-cost refinance or home purchase saves you money upfront But your rate will be higher. Learn when a no-cost mortgage is a good idea.

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Closing costs Closing Mortgages 104

McKissock

FEBRUARY 19, 2021

At its public meeting on February 19, 2021, the Appraisal Standards Board of The Appraisal Foundation voted to extend the expiration date of the 2020-2021 USPAP publication by one year. Instead of expiring on December 31, 2021, the current USPAP will remain in effect until December 31, 2022. The Foundation is exploring several options for future editions of USPAP, including going to a longer USPAP cycle, or issuing a new USPAP publication that has no expiration date and making revisions to the d

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As-is 92

Realtor.com

FEBRUARY 19, 2021

realtor.com. The Milton Sidley house in Malibu, CA, has landed on the market for $20 million. One of the most distinctive homes in Southern California, it was designed by modernist architect Ed Niles , who is renowned for his striking steel and glass structures. Niles built the residence for L.A. attorney and real estate investor Milton Sidley in 1992, and it may be his crowning achievement.

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Marketing Land Design Construction 92

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Agents

Brownstoner

FEBRUARY 19, 2021

In the News Pigeon Guys of Brooklyn Face Tough Times [NYT] NYC Staves Off Cuts to Public Transit, Despite Dire Warnings [NYT] New York Aquarium Under Consideration for Vax Site [BP] Park Slope Food Co-Op Member Sues Grocer Over Suspension [BP] Prospect Cleaning Service Opens Headquarters in Crown Heights [Caribbean Life] The Gut Renovation of Ryan… Read More > The post Daily Links: More Drama at Park Slope Food Co-op As New Lawsuit Alleges Racial Discrimination appeared first on Browns

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Renovation 105

Boom Town

FEBRUARY 19, 2021

With inventory dipping ( NAR’s latest report detailed housing inventory sinking to 1.07 million and a 1.9 month supply back in December), real estate agents and teams across the country are feeling desperate for new listings. So how can you make sure you’re attracting seller leads and landing those listings instead of the competition? Make that Marketing Seller Lead Focused.

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Marketing Land Equity Agents 90

American Lifestyle

FEBRUARY 19, 2021

The post Downsize or Upsize—Which Is Right for You? appeared first on American Lifestyle Magazine.

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Closing Finance Loans Mortgages 122

RIS Media

FEBRUARY 19, 2021

Your family will spend a significant amount of time in the living room, so you want it to be an area where you will feel relaxed and at home. An attractive color scheme can create a positive mood and make the room seem inviting. Your individual preferences will play a major role in choosing your living room’s design, but there are some general principles to follow.

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Design As-is 89

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.

Sales