Housing Wire

DECEMBER 22, 2023

New home sales fell month-over-month in November to their lowest level since last November. But despite this dip, 2023 is poised to be one of homebuilders’ busiest years. Total new home sales are expected to reach about 5% higher than last year, while sales of existing homes are down by nearly 20% year-over-year. In November, new home sales reached a seasonally adjusted annual rate of 590,000, according to data published on Friday by the U.S.

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Sales MLS Land Development 450

Real Estate News

DECEMBER 22, 2023

Jay Thompson's 3 essentials for landing at the right firm: Define your needs, understand the different brokerage models, and go deep during interviews.

Brokerage 230

Brokerage Agents Land 230

Housing Wire

DECEMBER 22, 2023

The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market. The housing industry, including the secondary market it feeds, is still likely to be sluggish in 2024, with marginal improvements in some sectors as others tread water or retreat slightly, industry players who spoke with HousingWire predict.

Mortgages 441

Mortgages Banks Loans Industrial 441

Inman

DECEMBER 22, 2023

Illinois-based Dovenmuehle Mortgage, which collects monthly payments from homeowners in all 50 states on behalf of lenders and investors, says it's cutting HQ staff but not closing down.

Mortgages 197

Mortgages Loans Investor Closing 197

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Agents

Housing Wire

DECEMBER 22, 2023

Entering the real estate finance world in the summer of 2022 as a 23-year-old, I immediately felt like a fish out of water. Attending industry-related conferences and visiting clients, I was typically the only person in the room under the age of 30. Our industry is full of professionals with decades of experience, but with that much experience often comes difficulty with connecting and understanding the next-generation consumer.

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Branding Technology Finance Industrial 432

Inman

DECEMBER 22, 2023

Colony Ridge, the developer of more than 40,000 lots northeast of Houston, says its clients have no opportunity to get a loan from anyone else and dismisses federal lawsuit as baseless.

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Development Closing Marketing Loans 195

Inman

DECEMBER 22, 2023

AsterKey is a fintech app with real estate applications, the most notable being its ability to produce a secure, verified proof of funds letter while greatly minimizing the risk of exposure or fraud.

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Proof of funds Banks Technology Agents 193

Housing Wire

DECEMBER 22, 2023

Wilmington, North Carolina -based Cape Fear Realtors has appointed an interim CEO. Janet Kane will take the helm at the 3,500-member strong Realtor association starting on Jan. 2, 2024, according to an announcement on Thursday. “Engaging leadership, staff, and stakeholders and ensuring they feel supported, valued, and connected has always been a top priority for me as a leader and is the key to success,” Kane said in a statement.

Renovation 432

Renovation Industrial As-is Agents 432

Inman

DECEMBER 22, 2023

Two days after being hit by a cyberattack, the title insurance giant says it's still trying to restore operations and warns clients that it's taken its email system offline.

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Title Technology Mortgages 193

Housing Wire

DECEMBER 22, 2023

Williston Financial Group is closing out 2023 with yet another acquisition. The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. The financial terms of the deal were not disclosed. “Since inception, both WFG and MyHome have been dedicated to providing transparency and empowerment to all mortgage transaction participants,” Steve Ozonian , the CEO and president of WFG, said in a statement.

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Title Staging Technology Banks 431

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

Inman

DECEMBER 22, 2023

According to Realtor Trina Gonzales-Van, additional fees to buyers, especially in marginalized communities, has the potential to create more barriers to homeownership.

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Agents Marketing 197

Bigger Pockets

DECEMBER 22, 2023

The NACA Mortgage program helps thousands of people purchase homes every year. They offer below-market mortgage rates and financial counseling programs to help more people take advantage of homeownership.

Mortgages 115

Mortgages Marketing Finance 115

Inman

DECEMBER 22, 2023

Challenging times are not a signal to retreat but an invitation to innovate and explore new avenues, writes The Agency President Rainy Hake Austin. Embrace the learning opportunities they bring.

Brokerage 187

Brokerage Agents Marketing 187

Bigger Pockets

DECEMBER 22, 2023

Owning a property doesn't mean you automatically have rights to it. If someone can claim they've squatted on the property for many years and you did nothing about it, they may take possession of it with adverse possession laws.

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Sales

Inman

DECEMBER 22, 2023

Alexandra Newman, MaryElizabeth Smith and Amit Golriz have left Corcoran to start a new mega team at SERHANT. with four additional Corcoran agents making the move with them.

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Agents Brokerage 187

Bigger Pockets

DECEMBER 22, 2023

A rent-to-own home is a home renters lease with the option to purchase it after a specified period. The own part of the contract usually has a two- to-four-year timeline, and the lease part typically requires higher rent than the market rental rate.

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Marketing 114

Inman

DECEMBER 22, 2023

If you truly want to have your best year ever in 2024, writes Jimmy Burgess, develop your plan of action and execute on your plan. Here's his blueprint for the new year.

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Development Agents Marketing 187

Brownstoner

DECEMBER 22, 2023

A new 100 percent affordable housing development planned for Rutland Road in East Flatbush dubbed Utica Crescent is moving forward, having secured a new-building permit and construction funding. The Utica Crescent complex is being built with state-financed tax-exempt bonds and subsidies as part of the Vital Brooklyn Initiative. The 12-story, two-building… Read More > The post Fully Affordable Development Utica Crescent to Bring 322 Apartments to East Flatbush appeared first on Brownsto

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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

Inman

DECEMBER 22, 2023

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

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MLS Agents 190

Calculated Risk Real Estate

DECEMBER 22, 2023

After the National Association of Realtors® (NAR) releases the monthly existing home sales report, I pick up additional local market data that is reported after the NAR. This is the final look at local markets in November. I’ve added a comparison of active listings, new listings, and closings to the same month in 2019 (for markets with available data).

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Marketing Closing Sales Mortgages 114

Bigger Pockets

DECEMBER 22, 2023

If you don’t meet the loan terms you agreed to when you closed on your mortgage, you are in mortgage default. The most common way is to miss your monthly principal and interest payments.

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Mortgages Principal Loans Closing 113

Brownstoner

DECEMBER 22, 2023

Historian, preservationist, and longtime Brownstoner columnist Suzanne Spellen returned to Brownstoner for a regular monthly column this summer, bringing in-depth stories of Brooklyn's history and architecture every month. If you missed her 2023 columns or her features in the Brownstoner print magazine, we've rounded them up for some winter reading… Read More > The post Suzanne Spellen’s Tales of Brooklyn History and Architecture in 2023 appeared first on Brownstoner.

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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

Bigger Pockets

DECEMBER 22, 2023

When done right, investing in mobile homes can be a profitable way to add to your real estate portfolio. Check out everything you must know about mobile home investing to see if it's right for you.

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Investor 113

Fancy Pants Homes

DECEMBER 22, 2023

Starring Eddie Murphy, Tracee Ellis Ross, Jillian Bell, Nick Offerman, and many more recognizable faces along the way, Candy Cane Lane tells the story of the Carver family, as they compete in a yearly holiday house decorating contest to win one hundred thousand dollars. After losing his job just a few days before Christmas, Chris (Murphy) puts job hunting on the back burner in service of creating a festive masterpiece on his front lawn.

Staging 98

Staging As-is 98

Bigger Pockets

DECEMBER 22, 2023

A ground lease can be a good option for landlords or property owners who want prime locations, but not understanding what a ground lease is and how it works can be detrimental.

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Land 112

Realty Biz

DECEMBER 22, 2023

Are you passionate about turning bricks and mortar into dreams come true? Do you envision yourself navigating the dynamic world of real estate, helping people find their perfect havens? If so, your journey begins with Jooble.com, the job search platform poised to be your compass in the exciting labyrinth of real estate careers. Forget the days of scouring endless job boards and chasing leads through foggy channels.

Land 98

Land Industrial Agents Property Management 98

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Agents

Brownstoner

DECEMBER 22, 2023

An early advertising brochure promised "abundant closet room" in this six-story Bay Ridge building, and this unit does offer numerous closets along with a spacious foyer, wood floors, picture rails, and arched doorways. At 9437 Shore Road, the six-story building with an Art Moderne curved corner was designed by Brooklyn-based firm… Read More > The post Bay Ridge One-Bedroom With Foyer, Arched Doorways, Five Closets Asks $429K appeared first on Brownstoner.

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Design Marketing 94

Realty Biz

DECEMBER 22, 2023

Hudson Companies and the New York City Department of Housing Preservation and Development today announced the opening of the housing lottery for six affordable studio units at 520 West 48th Street, an acclaimed building in the heart of Hell’s Kitchen. The six affordable studio units at The Clinton available are set at an area median income range of 130 percent at $2,600 monthly rent and eligible incomes between $89,143 and $146,900 for households of one to two people.

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Development Property Management Renovation Construction 94

Sotheby's International Real Estate

DECEMBER 22, 2023

San Francisco, California | Sotheby’s International Realty – San Francisco Brokerage The two-level home atop 2000 Washington includes four bedrooms, a gallery, and ornate architectural details. This $20 Million Prewar Penthouse in San Francisco Shows Off Alcatraz and the Golden Gate Bridge – Robb Report Connecticut’s Ziegler Farm Sells for $57.5 Million After Listing for $85 Million Last Year – The Wall Street Journal Minimalist Miami Beach Penthouse Lists for $7.5 Million – Mansion Glob

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Brokerage 87

Realty Biz

DECEMBER 22, 2023

Calculator.io has just released its EMI Calculator, an efficient solution to simplify loan repayment planning. This tool benefits individuals and financial professionals, providing a simple method to compute monthly loan repayments. Functionality and benefits of the EMI Calculator: Properly managing loans is essential for maintaining financial stability and achieving long-term goals, whether home, car, or personal loans.

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Loans Principal Finance Banks 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